Mobis Philipose
Stories by Mobis Philipose
Bharti Airtel’s African market outing plan takes a curious turn
The government there has warned investors buying into Airtel Africa that it doesn’t approve of any change in ownership in Airtel Tanzania.
Berkshire Hathaway’s bet on Paytm is not such a big deal for the investment firm
The amount in question amounts to about 0.3% of Berkshire’s cash balance at the end of June quarter.
MakeMyTrip attempts to juggle between growth and profitability
While MakeMyTrip may not be pressured by competitors to cut rates, this seems to be the only way to pursue growth.
Can Ola, Uber merger help the Indian firm cut mounting losses?
Losses, which exclude net interest income, tax and notional losses on derivatives contracts, were well over three times revenue.
If not Flipkart, Amazon India’s losses should trigger a warning at Walmart
In FY17, Amazon India reported a loss before interest and tax of around $750 million. This is despite the fact that it has considerably lower outgoes
Why Walmart investors are not buying the Flipkart deal
Walmart’s statement that it will support Flipkart’s growth acceleration plans will upset investor expectations of the company’s cash flows, whic
Amazon looks set to take the lead in India, with or without Flipkart
Amazon’s talks with Flipkart suggest it wants to avoid a long-drawn battle with Walmart.
India: Market gets unattractive for investors with surging IPO valuations
IPOs of ICICI Securities Ltd and Hindustan Aeronautics Ltd (HAL) failed to get enough bids to meet their targeted issue size.
Indian IPOs break all records with offers worth $2.3b in pipeline in March
IPOs worth Rs82,500 crore are expected to be completed in FY18, double the previous record in FY08.
India: Snapdeal isn’t worth $850m but, in e-commerce world, weird is normal
If Snapdeal collapses, SoftBank will end up with egg on its face
