"Despite having lost some of its sheen due to regulatory headwinds over the last few years, the pharma sector has regained some of its lustre in the last couple of months, given the strong resilience being demonstrated from a demand-side perspective. It’s not surprising then, that pharma is reclaiming ground as one of the more sought after sectors by private equity these days," said Krishnakumar, Partner, Lifesciences Investment Banking at EY. … [Read more...] about Exclusive | PE firm ChrysCapital to buy out Capital International’s stake in Intas Pharmaceuticals
The fast company
PR: I’m stupid enough to invest in restaurants, not to make money, but to support the artists that work in the kitchen. I’m in, like, 25 different restaurants. But [when I invest] it’s all about, “Do I like this food? Do I like this person? Do I believe that I would want to eat there and other people would want to eat there?” And that’s it. I’ve done well, because I always bet on the chef. I never do it to make money cause it’s a really stupid way to try to make money. . . . It’s like investing in a Broadway show. But I love it so much that I want to support it. … [Read more...] about Phil Rosenthal dishes on his Netflix series, camels, saving restaurants, and the genius fix for to-go fries
Jot’s timing is impeccable. The startup burst onto the scene with its Ultra Coffee concentrate at the exact moment that coffee-shop denizens found themselves shut out of their favorite spots. Gone are the daily treats of oat milk lattes, cold brews, and café Americanos. In its place are mornings spent in our own kitchens, spilling AeroPress grinds everywhere or standing watch over our Bialetti Moka pots, wondering if we should just bite the bullet and spend some savings on an extra-sexy espresso machine. Just me? Okay. … [Read more...] about Can Jot’s coffee concentrate make you forget about that $5 latte? Here’s what our editors say
In reality, Twitter could have gone farther if it really intended to silence the president or even his supporters. To say nothing of removing the tweet entirely (which did break its terms of service, after all), it could have fully removed the retweet button from Trump’s message—leaving the tweet live but making it impossible to endorse or amplify. On the contrary, it enabled a retweet, but only with comment (your personal, accountable endorsement or criticism), and only with Trump’s message hidden behind a view button. These are the slightest of speed bumps, intended to slow down the viral public discourse by all of three seconds—but not stop it. … [Read more...] about Hush, Trump. Twitter is going easy on you.
What will also transform how weavers work in the post-COVID world is their eventual mobility into a digital world. Palak Shah, CEO of Ekaya, a bespoke fashion label that works with 8,000 weavers in Benares, says that they are rethinking how the entire business model will run. “Our artisans were not just used to coming in and out of our offices since there is a lot of back and forth on designs, but would also bring the final weaved saris wrapped in potlis. Now that touchpoint could be a source of infection. We are working on a system where the weavers will be invited to meet us once a week and ask all their questions about designs and other things, instead of randomly strolling in and out of the office. We have already started using WhatsApp to give instructions and designs and check their progress. A lot of our work will go digital and we are in the process of familiarising our weavers with the digital world.” … [Read more...] about Coronavirus lockdown | India’s 7-million strong artisans’ community faces supply disruptions, cancelled orders & financial hardships