"Post the completion of the transaction, VECV and VBI will consolidate their bus businesses into a newly formed bus division within VECV. This division will offer Volvo and Eicher branded buses, and will maximise synergies to capitalise on market opportunities," Siddhartha Lal, Chairman, VECV said. … [Read more...] about VECV to buy Volvo Group India bus business for Rs 100 crore
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This seems like a clear path to let them let you go, let you chase your dream, and let everyone benefit from doing the right thing. But this is likely only going to work if they are reasonable and if you have a positive versus an acrimonious relationship, so I hope that you have a foundation on which to execute this plan. Good luck! … [Read more...] about Can I ‘buy’ back an idea from the private equity firm that owns my company?
“With this integration, we aim to shape the future of the Indian bus industry by offering the widest range of transport solutions to our customers. This strategy will be extended to exports, wherein the new bus division will offer products and services that are complementary with Volvo Buses’ core product portfolio in select international markets,” VECV chairman Siddhartha Lal said. … [Read more...] about Eicher Group company buys Volvo Bus India for Rs 100 crore
Nike is one of the best examples. They blend functional reasons to get their products invited in—while also adding emotional reasons to unlock brand love. Throughout the pandemic, Nike has gotten it right. Its recent “You Can’t Stop Us” campaign is the latest example of work that began on March 21, 2020, with a global rallying cry to “Play Inside, Play for the World.” Its tonally perfect response to the Black Lives Matter movement, “For Once, Don’t Do It,” was a beacon for thousands of brands that followed their lead. At the same time, Nike continues to push function in its products, apps, and the majority of the content in its brand ecosystem. … [Read more...] about Why every brand now needs to behave like a health and wellness brand
However, the focus was on enabling the defence industry, particularly private companies, to boost infrastructure capabilities and augment investments in their weak R&D base. In other words, the Indian military was quietly served notice that it must mandatorily exhaust every other option for developing weapon systems indigenously before turning to the global marketplace to buy ‘off the shelf’ as a last resort. It was a matter of time before a negative buy list—a crucial first step in slashing the military’s import bill—was announced. … [Read more...] about India’s defence shopping to go desi