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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Furquan here. I hope the year has begun well for you. It surely has for Tube Investments. Just take a look at how its fortunes have soared with the acquisition of CG Power. But there’s a question mark. Just like the one hovering over Vistara, which got a new CEO on 1 January. Read on.
A stroke of luck or a well-planned strategy. One doesn’t know what led Tube Investments of India Limited—part of the Chennai-based Murugappa Group—to acquire CG Power in 2020, but the company has surely struck gold.
CG Power’s lenders, including State Bank …
Government subsidies have drawn companies into basic chip packaging, where China and Malaysia already hold an edge. Moving up the value chain may prove to be a stiff task.
As the low-cost carrier pushes through a compensation overhaul, the absence of a CEO is complicating a delicate moment.
The two new chief executives at Air India and IndiGo come with contrasting reputations but face the same challenge—do their predecessors one better.
