The year gone by in five stories
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Anil Ambani’s comeback is anything but one
The return to profitability and the deleveraging at Reliance Power and Reliance Infra are not what they’re cracked up to be. Plus, as their promoter, his past continues to haunt the two surviving group companies.
Yes Bank’s retail woes seem to have no end
The bank’s retail business continues to rack up losses. Worse, the current leadership is in a limbo and doing nothing about it.
Shiny headlines mask Jio’s dull performance
Reliance’s telecom business has demonstrated impressive growth in Q1. Yet, fundamental slippages are holding back profitability, even as Airtel continues to keep its lead. Expect more headwinds, not a bumper IPO.