/
•
•
Detailed stories on technology startups, business and economic current affairs.
Jain is stepping down as the fund manager of India’s biggest mutual fund scheme. But the industry has come a long way since he started.

I remember Sunil Gavaskar’s last series against the West Indies that was played in India. Gavaskar, who usually faced the best pacers in the world without any safety equipment, had just begun wearing a skull cap. He was being routinely dismissed by pace bowler Malcolm Marshall, getting caught by wicketkeeper Jeffrey Dujon in that series. The master batsman just couldn’t seem to adapt. Later, at Chennai’s Chepauk stadium, in the same series, Gavaskar hit a double century. A record 236 runs to be precise. His batting was so frustrating that even a normally cool Michael Holding started bowling wides to …
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
The regulator’s shift to an auction-based close was meant to curb manipulation and mirror global markets. Instead, it has run into thin participation that is only amplifying distortions and volatility.
FY26 numbers show that Airtel is stealing a march on its larger rival on most counts and is unrelenting in its ambition, casting a cloud on Jio’s valuation.