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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.
Paytm’s investors are in for a long ride and Jet Airways’s flight seems to be taking forever as Akasa Air clears some important milestones.
Editor's note: This is Street Smart, The Morning Context’s weekly newsletter on everything that impacts corporate India. Every Thursday, Street Smart will bring you an original, reported or analytical take on issues that have the potential to shake up the business ecosystem. Advait here. As Paytm’s stock fell by a quarter on its debut on the exchanges earlier today, I couldn't help but think of Babu Rao, the hapless landlord played by Paresh Rawal in Hera Pheri. He got zero rent from his tenants, who nearly always took him for a ride. The Paytm investor, it looks like, is in for a similar ride. Elsewhere, Jet Airways’s flight seems to be taking forever even as Akasa Air has cleared some important milestones this week. Put on your seat belts and read on. Who is betting on Paytm for the long haul? There were tears of joy on Vijay Shekhar Sharma’s face as he reflected on the 11-year journey it took to build Paytm, just before its public debut on the stock exchanges on Thursday. At a Rs 1.5 lakh crore, or $20 …
The Manoj Chacko-led regional airline has had a promising start. Will the lessons of the past keep it on course while it expands?
While the filing for an IPO by its telecom and digital business was the highlight, Reliance laid out plans for its new energy and retail businesses, setting them up for eventual listings.
As India’s largest stock exchange heads to the public markets, it may need to rethink its excessive reliance on transaction revenue.
