India’s fourth-largest auto company, M&M, is shifting into a higher gear and pressing down on accelerator. It plans to fuel its business growth with an ambitious capital infusion plan. It will inject Rs 37,000 crore into its business, across different segments, over the next three years. A bigger part of this money will go into … Read more
New York: Investors are becoming more optimistic about Alphabet’s artificial intelligence strategy, after a run of glitches and misfires that sent its shares tumbling. The stock is heading back toward what would be a record $2 trillion market value – a milestone surpassed only by Microsoft, Apple and Nvidia in the United States. It has … Read more
French automaker Citroen is revamping its strategy to boost its sluggish car sales in India. A relatively new entrant to the Indian car market, Citroen plans to upgrade its entire portfolio, expand sales and service network by over threefold, and launch a new vehicle over the next one year, Aditya Jairaj, managing director and CEO, … Read more
When asked how Boeing’s recent door plug incident came about, company CEO Dave Calhoun cryptically explained “a quality escape occurred.” That kind of corporate doublespeak is indicative of the problem at hand. Boeing used to have quality, but it escaped, apparently sometime around when it merged with McDonnell Douglas in 1997. ‘The Bachelor’s Joey Graziadei … Read more
In response to last week’s column -‘Time to Ponder a One Foot Out of the Door Plan’- as a possible strategy in the equity market, I received a great deal of feedback from readers sharing their own investment plans and views. One of the aspects they sought more clarity on was the applicability of the … Read more
