I still remember Rahul Gandhi's words: "Hindustan Aeronautics does not have money to pay salaries. The company is going bankrupt." That was in January 2020, when Gandhi was criticising Prime Minister Narendra Modi for mismanagement of PSUs. But the stock markets took an entirely different view of the PSU. In barely three years, the share price of HAL witnessed a stupendous eight-fold rally to touch a high of Rs 4,135 in August 2023 from a low of around Rs 500 sometime in 2020. This prompted PM Modi to say in the Parliament recently, "Bet on those PSU companies, which are abused by the opposition parties."
Like HAL, many of the central government-owned companies have undergone a makeover, with some of them now counted among the country's premium institutions. The shareholding pattern of these PSUs shows the growing interest of foreign institutional investors in them in the recent past. These include PSUs such as BEL, Mazagaon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers, Bharat Dynamics, among others. The share price of these companies has gained two-to six-fold over the past five years.
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Denne historien er fra September 09, 2023-utgaven av BW Businessworld.
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'Committed to helping India achieve carbon neutrality'
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INTELLECTUAL DEPTH & ACTIONABLE INSIGHTS
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AN INDUSTR BENCHMAR
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"MACARONS FOR THE MASSES"
CHANDNI NATH ISRANI, the driving force behind Ladurée's India expansion, redefines luxury in the F&B sector. With four flourishing Ladurée outlets established since 2021, Israni is making iconic French pastries and delicacies accessible to the Indian market. BW Businessworld sits down with the visionary entrepreneur to discuss her journey in building the luxury brand and her strategy for democratising gourmet experiences
NAVIGATING THE PATH TO PROFITABILITY: A STARTUP'S BALANCING ACT
WHEN EVALUATING startup profitability, it’s crucial to break it down into two main components: unit economics and fixed costs. Unit economics refers to the profitability of delivering each singular order, which involves analysing transaction margins against costs incurred, such as delivery and payment gateway fees. This assessment helps gauge whether a business model is sustainable at a micro level.
THE HOLY GRAIL OF PROFITABILITY
Profitability for startups is elusive, often overshadowed by growth and investor expectations. Achieving profitability requires a delicate balance between revenue generation and cost management, with factors like market dynamics and competition playing significant roles
"WE ARE FOCUSED ON BUILDING A RESILIENT AND SELF-SUSTAINING SEMICONDUCTOR ECOSYSTEM"
S.KRISHNAN, Secretary of the Ministry of Electronics and Information Technology, outlines India's ambitious plan to build a resilient and globally competitive semiconductor industry through the India Semiconductor Mission
Shaping the Future of Cyber Risk Management
With its mission to advance cyber risk quantification through the FAIR (Factor Analysis of Information Risk) model, the institute empowers businesses to align cybersecurity with broader objectives using structured, data-driven insights. Managing Director TODD TUCKER discusses how the institute’s methodologies and community-driven approach are reshaping industry standards worldwide, including growing interest in India and Asia Pacific
THE PILLAR OF A RESILIENT DIGITAL FUTURE
The rapid evolution of digital technologies has transformed the world, driving unprecedented connectivity and innovation. Yet, as the digital realm expands, so do vulnerabilities, with cyber threats emerging as critical challenges for businesses, governments and individuals
