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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.
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.
Editor's note: 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 the leg umpire. I was in school at the time and Gavaskar was an idol. But I knew it was time for “Sunny” to retire. Well, I am just keeping up with the times. The country’s most admired mutual fund manager, Prashant Jain, is being compared with cricketing stalwarts and I decided to slip in my own. Like Gavaskar, Jain is the undisputable big daddy of the investing business. He is the longest-serving fund manager in the business, with impeccable …
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.
Editor's note: 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 the leg umpire. I was in school at the time and Gavaskar was an idol. But I knew it was time for “Sunny” to retire. Well, I am just keeping up with the times. The country’s most admired mutual fund manager, Prashant Jain, is being compared with cricketing stalwarts and I decided to slip in my own. Like Gavaskar, Jain is the undisputable big daddy of the investing business. He is the longest-serving fund manager in the business, with impeccable …
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.
Surprisingly strong metrics alongside aggressive expansion mask a lurking balance-sheet risk. Moreover, competition is not going to be kind to the retail giant any time soon.
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.
Surprisingly strong metrics alongside aggressive expansion mask a lurking balance-sheet risk. Moreover, competition is not going to be kind to the retail giant any time soon.
