What now Mr Birla?

A quarter century’s effort by one of India’s best known billionaires to make a go of the telecoms business has come to naught, leaving him to play catch-up with more nimble-footed peers.

11 August, 202114 min
0
What now Mr Birla?

You may also like

Business
Story image

Conglomerates, duopolies and domination hamper India

The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.

Business
Story image

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.

Internet
Story image

JSW, Tata, Birla’s entry into B2B e-commerce augurs poorly for Infra.Market, OfBusiness

The two IPO-bound startups are showing signs of a slowdown and will be looking over their shoulders as online B2B marketplaces launched by the conglomerates grow fast.