/
•
•
What 2023 holds for businesses in India
From conglomerates to startups, Indian companies will have to find ways to survive the challenging 12 months ahead.
3 January, 2023•12 min
0
3 January, 2023•12 min
0
Getting your Trinity Audio player ready...
Why read this story?
Editor's note: A new year comes with cheer and hope of better days to come. One holds on to that promise as we start 2023 with some of the concerns of 2022 continuing as hangovers. Fears of another pandemic wave, an impending global recession and a raging war add to the unease about layoffs and a funding squeeze among startups, and the apprehensions of a high interest rate regime hurting consumer demand for the rest of Indian industry. The hope is that the Indian economy will manage to decouple from the rest of the world’s problems. Otherwise, 2023 is going to be about survival. That’s what some of the biggest newsmakers of Indian business will have to do over the next 12 months. Let’s take a closer look at a few. 1. The challenge before Vijay Shekhar Sharma Imagine being in Vijay Shekhar Sharma’s shoes right now. Paytm was one of the worst-performing stocks in 2022, losing nearly 70% of its value since its high-profile IPO in November 2021. As things stand, Paytm cannot acquire new customers or new merchants owing to …
More in Internet
Internet
Swiggy sits out the quick-commerce race—and risks losing it
Investors eager to ride India’s quick-commerce boom are already losing confidence in Swiggy. A Rs 7,300* crore war chest and little urgency, its restraint is starting to hurt.
You may also like
Internet
How will Paytm battle Bajaj Finance without an NBFC licence?
The fintech’s financial services business has done reasonably well in Q4 FY26. But upping its lending game without the NBFC tag will be a tall task.
Business
Air India peegate’s unintended victim
Nearly four years after the unsavoury incident that created a national furore, the alleged offender’s life has come undone. He has been defeated by a system that does not deem him worthy of transparency or a chance at finding closure.
Internet
Meesho’s worst is behind it, but it’s not out of the woods
The e-commerce platform appears to have put on a good show in FY26, outpacing itself on most fronts. However, the margins tell a different story, one that investors should pay close attention to.