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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.
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.
Sula Vineyards is in a funk. India’s largest wine producer by market share has been facing headwinds for a while now, the following to be precise:
1. Revenue growth in core wine sales has been in steady decline in the last six quarters; it is in free fall as of Q3.
2. Young people, in particular, and Indians in general just aren’t drinking enough wine.
3. The Maharashtra government’s subsidy on wine sales, which propped up Sula’s business model for a long time, isn’t able to cover its poor performance any longer.
4. The EU-India Free Trade Agreement opens the …
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
Co-founder Srinath Ravichandran talks about what it takes to build a rocket company in India, competing against global giants and the long-awaited mainstreaming of deep-tech startups.
It’s never a good sign when your foreign minister needs a lobbyist to meet US officials. The recent events signal a breakdown in the Modi government’s ability to operate in today’s Washington through its own machinery.
