Buy low, sell high not sustainable PE strategy: Blackstone’s Dixit

India’s private equity market has turned so competitive that simply ‘buying low’ and ‘selling high’ is no longer a sustainable strategy for an investment company, said Amit Dixit, head of Asia, private equity, Blackstone. “(Instead) what’s really sustainable is you buy what you can build or rather, do not buy what you cannot build, and … Read more

Who is the faceless ‘yogi’ in NSE story? Sebi report only thickens the plot

Who is the faceless ‘yogi’ in the bizarre story of the National Stock Exchange (NSE) and its flawed, vulnerable former CEO? The 190-page report by the capital market regulator Sebi only thickens the plot, arousing curiosity and leaving the social media speculating the possible identity of the mysterious ‘siddha purusha’. The exchange as well as … Read more

Coca-Cola Unveils “Space-Themed” Flavor, Starlight For A Different Experience

Coca-Cola on Thursday unveiled a new innovation platform for limited-edition products, which is a perfect combination of marketing, creative, design and tech. Known as a “new brand expression”, Coca-Cola Creations plans to introduce in the market a series of limited-edition flavors, collaborations and experiences covering both the “physical and digital worlds”. As part of the … Read more

Indigo continues to build further strengths. Now focuses on improving safety.

Indigo has mandated NAVBLUE (an airbus company) to upgrade some of its latest A320 aircraft to the most advanced navigation technology, RNP AR (Required Navigation Performance with Authorization Required). Key points to note – Indigo is already a customer of NAVBLU since 2006. With RNP AR Upgrade, pilots will be able to navigate mountainous areas … Read more

Separation of chairperson, MD positions voluntary: Industry welcomes Sebi’s decision

Industry bodies on Tuesday welcomed Sebi’s decision to make it voluntary for listed firms to separate the positions of Chairperson and MD/CEO, stressing that leadership arrangements are best left to the discretion of boards and the shareholders. Capital markets regulator Sebi on Tuesday said the requirement to split Chairperson and Managing Director/Chief Executive Officer positions … Read more