Today as the cookie has crumbled there is widespread recognition, even from developers, that an incredible distortion in the market was created. Underwriting of projects happened at unrealistic levels and lending happened with a recklessness that is unparalleled. Projects that didn’t stand a chance to succeed got into the game creating an exorbitant supply. The excess supply by players that had a patchy track record was never going to be absorbed meaningfully. But these projects invariably played the role of a spoiler for projects that may have survived otherwise. … [Read more...] about Mumbai’s real estate industry should learn the right lesson from Steve Jobs
Paragraf simple future tense
Agarwal noted that InvITs will remain a “powerful platform” to meet large-scale financing requirements of the infrastructure sector. “The global financial markets will remain in yield-seeking mode for a considerable period, and this will provide enough capital supply to well-managed REITs and InvITs, he added. … [Read more...] about Sterlite Power sells 14.7% stake in IndiGrid for Rs 840 crore
GoAir's statement on Friday acknowledges Khona's contribution, noting that he "turnaround several businesses at Dunlop tyre group including at diverse geographies at Germany, UK and India. He also successfully carried out extensive corporate restructuring for a Shipping Venture and a financial and business restructuring for a German - India JV in renewable energy." … [Read more...] about GoAir gets new CEO; Kaushik Khona to replace Vinay Dube
Their findings have broad implications for managers, who may be missing out on the best candidates by passing over prospective employees who express interest in compensation. Motivation purity bias also could have negative consequences on job seekers from lower economic backgrounds, who are more likely to need money, and on women, who are more likely to be concerned with flexible schedules and benefits, such as child care. … [Read more...] about Asking this question during an interview can wreck your shot at getting the job
Indian startups could also gain from the government’s recent ban on Chinese apps and an anti-China sentiment domestically and globally. It is a mixed bag, however. On the one hand, this reduces competition for Indian startups, where earlier Chinese giants like Alibaba and Tencent and ByteDance would corner the market with addictive games and copycat social networks. But Chinese investors have also been a large part of deals in digital and content startups, and their absence means that Lumikai’s future portfolio companies will have to look for other investors. … [Read more...] about This VC fund wants to focus on gaming space exclusively. Will it work?