NCLT nod to Jio’s acquisition of Reliance Infratel, Essar says Rs 2 lakh crore debt cleared, Rasna founder dies and over 160 killed in Indonesia quake
22 November, 2022•1 min
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22 November, 2022•1 min
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Subsidies, soft demand and an open door to Europe: Sula’s perfect storm
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.
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Subsidies, soft demand and an open door to Europe: Sula’s perfect storm
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There’s something for both pessimists and optimists in the QSR player’s Q3 results. Right now, it looks like a coin toss where this business will go next, which makes the euphoric market reaction seem out of place.
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The shadow of geopolitics on Saudi Arabia reforms
The kingdom has to bet on de-escalation between the US and Iran to preserve economic momentum and safeguard foreign investment flows.