Global cues remain muted as the equity investors across the world turned risk-averse largely on account of the US-China trade war, as well as outbreak of COVID-19 which resulted in shutdown of economic activity not just for India but other countries across the globe. … [Read more...] about Modi 2.0: Five stocks more than doubled while 20 rose over 50% in first year of Modi’s second stint
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In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
Even if the order passed muster in the courts, its workability is questionable. It may enlist the Federal Trade Commission to review complaints about anti-conservative bias from consumers. It could enlist the Federal Communications Commission to reexamine social media’s obligations under Section 230. One FCC commissioner, the Democrat Jessica Rosenworcel, is already expressing doubt. “Social media can be frustrating, but an executive order that would turn the Federal Communications Commission into the president’s speech police is not the answer,” she said in a statement Thursday. … [Read more...] about Trump’s new executive order is a ‘mugging of the First Amendment,’ says Sen. Wyden
The world’s stickiest brands take consumers not on a delightful, smooth experience, but on an emotionally volatile roller coaster. This is the finding of a new study in the Journal of Marketing from a triad of researchers in England, Portugal, and the United States. … [Read more...] about Surprise marketing discovery! Most successful brands don’t actually keep customers happy
The other way of saying this is that growth is set to take a much bigger hit in the new fiscal year (2020-21). That is almost certain now. According to estimates by private economists, the growth will contract for the first quarter (as complete nationwide lockdown impacts production) and for the full year, the growth estimates (the RBI is yet to give its official estimate) shows a sharp contraction of 5-6 percent. The growth in eight core sectors contracted by 38 percent in April, giving us the first indication of the impact in the Q1 economic activity. … [Read more...] about Decoding GDP data: India’s economy suffered a double whammy last fiscal and the worst is yet to come