"Our equity requirements have already been met," Ambani had said in the AGM. With a stake, Aramco would not just have a share in one of the world's best refineries and the largest integrated petrochemical complex but also access to one of the fastest-growing markets -- a ready-made market for 5 lakh barrels per day of its Arabian crude and a potentially bigger downstream role in future. … [Read more...] about Aramco conducting due diligence for acquiring stake in RIL’s O2C business, says CEO
Sunday business i t
"The premium middle-weight segment is growing in India and is becoming more competitive. With the introduction of the R we strengthen our position in this category," Triumph Motorcycles India Business Head Shoeb Farooq said in a statement. … [Read more...] about Triumph Motorcycles drives in Street Triple R at Rs 8.84 lakh
As a VC, you don’t normally sell good companies early, because you forfeit the long-term upside potential. But now we’re going through the sales process with a few, where the CEO is on board. The companies are strong, some are profitable, and though we’ll miss the chance that one might turn into a home run, we believe it’s best to bank the returns now as a safety net for the fund. Instead of swinging for the fences, we’re going for more doubles or triples: maybe a 3X return now instead of hoping for 50X later. … [Read more...] about How my VC fund is helping our companies survive the pandemic
Says Shakti Lumba, an industry veteran who had held senior positions in IndiGo and Alliance Air: "An aircraft in control does not crash. They only crash once the pilot loses control: The question is why? Reasons can be attributable and not attributable to the pilot. To determine, there is a through investigation to help us learn and change how things are done, made, designed and operated." … [Read more...] about Air India Express crash | Do investigators take the easy way out by blaming pilots?
Deal with triggers in a healthier way There are some tried-and-true tips to get back into empathy whenever you feel swirled into a virtual firestorm. Always run your responses through the lens of “Would I say this to this person face-to-face?” And if a comment or post triggers anger in you, take a moment and process the situation before responding. Maybe that means you shut down your computer (turning it all the way off for perhaps the first time in weeks), take a walk, or call up a friend to vent. Resist the temptation to immediately fire away on your keyboard when emotions are heightened. That’s your fight-or-flight response kicking in. Diamonds are forever, and so are screenshots. … [Read more...] about Science explains why we’re so much more bold online, especially now