Why Shein, even with Reliance’s heft, may not be able to dazzle the Indian market
The Indian fast-fashion market is not what it was when the Chinese brand exited, making its comeback a fraught exercise.
August 04, 2024•1 min
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August 04, 2024•1 min
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Business
Infra.Market is a hamster wheel looking at a make-or-break IPO
The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.
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How Reliance’s $180 million bet on Embibe came to naught
The edtech company was supposed to be the conglomerate’s answer to India’s education crisis. Seven years and $180 million later, the AI-powered startup has quietly vanished into corporate obscurity.
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An uneventful Reliance AGM that could not have been otherwise
Everyone seems to be disappointed with the company’s annual general meeting. With hands full and businesses that need further nurturing, this was not the time for big-bang announcements. And so it was.
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Mukesh Ambani faces big test in race to protect his cash engine
With Russian crude turning into a liability, RIL needs to rebalance its oil basket. Can its chairman pull this off without seriously impacting the lucrative oil-to-chemicals business and limiting future investment firepower?