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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.
Rajiv Mittal’s water tech company is betting on renewed interest in the desalination business taking it to the elusive €1 billion revenue mark and retaining investor faith.
Rajiv Mittal’s quest to make billions from the prospect of increasingly severe water crises around the world is finding takers once again.
Shares of his firm, VA Tech Wabag, have shot up 127% in the past year and are hovering close to their all-time high from back in March 2015. Four brokerages covering the stock have a “buy” recommendation, citing its “strong long-term outlook”.
Now, this euphoria is not new to Wabag. In 2014-15, the stock of India's largest water infrastructure company witnessed an almost 4x jump as investors bought into the idea that there’s big money to be made …
Capital productivity remains below pre-pandemic levels, helping explain why private investment has failed to respond more strongly to the government’s push.
After battling rising prices and a slowdown, HUL, Tata Consumer Products and Nestle India are showing signs of recovery. But the threat of inflation still looms.
Trent is accelerating Westside’s expansion as growth at Zudio slows. But replicating its value-retail playbook in the mid-premium segment will be harder than it looks.
