Amazon plans to lay off 10,000 employees; inflation eases; EY vote on split delayed; L&T Infotech, Mindtree merge; Biden, Xi meet in Bali
15 November, 2022•1 min
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15 November, 2022•1 min
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Business
Subsidies, soft demand and an open door to Europe: Sula’s perfect storm
In one of its worst years yet, India’s largest winemaker is facing headwinds on all fronts and has little by way of a plan.
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Subsidies, soft demand and an open door to Europe: Sula’s perfect storm
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Has Devyani International turned a corner?
There’s something for both pessimists and optimists in the QSR player’s Q3 results. Right now, it looks like a coin toss where this business will go next, which makes the euphoric market reaction seem out of place.
Business
The shadow of geopolitics on Saudi Arabia reforms
The kingdom has to bet on de-escalation between the US and Iran to preserve economic momentum and safeguard foreign investment flows.