Tag Archives: we

A Cost-Saving Medical Revolution If We Can Finance It

  Getty Despite the constant barrage of negative news, this is an exciting time for patients. Truly innovative medicines and gene therapies are under development. New gene therapies are particularly exciting because these therapies do not just treat diseases – they often cure them by fixing underlying genetic defects, frequently with only one dose. There is great optimism that these ... Read More »

We are always open to mergers and acquisitions: Nishant Pitti, CEO, EaseMyTrip

Having clocked profit to the tune of Rs 30 crore last year, online travel platform EaseMyTrip does not need any fresh funding, according to its CEO and founder Nishant Pitti. “We are not in a desperate need of any funding. If we want to expand, we have enough of funds and we can expand of our own. But we are always open to ... Read More »

Einhorn on Tesla: ‘Like Lehman, we think the deception is about to catch up’

Hedge fund manager David Einhorn is blasting Tesla again. The investor compared the electric car maker to his most famous and prescient bearish call on Lehman Brothers. “Like Lehman, we think the deception is about to catch up to TSLA,” Einhorn said in an investor letter Friday. “Lehman threatened short sellers, refused to raise capital (it even bought back stock), and management ... Read More »

‘We knew about the need to invest but did not know how much risk to take’

Bhavani and Kumar were aiming for financial independence. But they didn’t know at what amount that will be, and when. Also, they had not considered the risks that could derail their plans. “I was always interested in finance. I knew about investments, but not risks. Also, we didn’t know how much risk we could take, how much had to be ... Read More »

We may see darker periods in market; it depends on how global story plays out: Udayan

In an interview with CNBC-TV18, Udayan Mukherjee shared his views and outlook on the market. I think the market is trying to consolidate right now. We have had a fairly significant fall, the biggest of the last 12-14 months on the way down from 11,200 to about 10,300 levels, he said. We could try and work within a range of ... Read More »

Why we should worry about the fall in bank credit

A curious crisis: Investors unwilling to borrow, banks reluctant to lend Growing economies show increasing deployment of bank credit, but in India this has been decreasing for years and is now falling flat. This impacts economy in myriad ways January 1, 2018: In most market economies, the disbursal of bank credit is usually a relatively reliable indicator of the extent ... Read More »

Should Indians be worried about the safety of their bank deposits? What we know (and what we don’t)

The Finance Ministry in a series of tweets earlier this week clarified that rights of depositors will not be compromised by the Financial Resolution and Deposit Insurance Bill, 2017, or FRDI Bill, expected to be tabled in the Parliament in the upcoming winter session. The ministry said that “besides providing similar protection /guarantee of Rs.1 lakh to depositors,as it exists today, the ... Read More »

We were never in discussions for merger with BigBasket: Grofers

Online grocery firm Grofers has denied holding merger talks with larger rival BigBasket, saying “just one meeting about business” last year between the two had been blown out of proportion. Grofers founder and Chief Executive Alibinder Dhindsa said the company is focusing on growing its business as the online grocery segment is still at the nascent stage. Softbank-backed Grofers and ... Read More »

We all lose out when politicians ignore what business leaders have to say

Businesses aren’t being heard in today’s political discourse CREDIT: REUTERS There may be little public sympathy for senior business leaders who complain that the voice of business is not being heard. However, the absence of this voice in today’s political discourse – which in turn means that business’s messages are not cutting through on Brexit, for example, or on the UK’s economic ... Read More »

RBS Why we should be angry at the Chancellor’s willingness to sell the taxpayer’s stake at a loss

Philip Hammond’s policy on Royal Bank of Scotland resembles that of a market trader with perishable goods to dispose of at the end of the day. Roll up, roll up. I’ve got a bank ’ere going cheap. Half price and three for two. Take this off my hands! It’s got to go! He didn’t quite put it that way when ... Read More »