Greg Abel was asked if he was prepared to leave Warren Buffett’s shadow when he took over as CEO of Berkshire Hathaway earlier this month. The Question of Succession at Berkshire Hathaway But the transition reminded some investors of another executive—Abel’s former boss—who for years was considered most likely to take the reins at one … Read more
Due to increased purchase conversions and a structural shift in online growth tactics, Indian consumer brands are quickly moving their digital advertising dollars from traditional e-commerce platforms like Amazon and Flipkart to quick-commerce apps. Brands Shift Digital Advertising to Quick-Commerce Platforms As sales velocity and return on ad expenditures increase significantly, companies in the food, … Read more
In light of the rupee’s sharp decline against the US dollar, Indian Railway Finance Corp. (IRFC) is reevaluating its foreign-currency borrowing mix and considering a plan to convert a portion of its dollar-denominated loans into Swiss francs in order to reduce funding costs and prevent foreign exchange losses. IRFC Reviews Foreign-Currency Borrowing Strategy The action … Read more
Indian media companies are searching overseas for their next growth prospect as domestic revenue challenges increase. Global Expansion Amid Domestic Monetization Pressure Over the past few months, media and entertainment corporations have been looking into international alliances and bolstering their presence in a number of international markets in an attempt to capitalize on the greater … Read more
In order to guarantee more consistency in coal quality, avoid human intervention, and greatly lessen consumer concerns about quality, state-run Coal India (CIL) is stepping up its mechanization and automation efforts. Coal India accelerates mechanization and automation The miner, which provides coal to the second-largest coal consumer in the world, is gradually increasing coal dispatches … Read more