Tata Group – Reading Cyrus Mistry's mind..!

Tata Group Chairman, Mr Cyrus Mistry’s statement last week broaching the issue of exiting businesses brings the 150 year old behemoth at a crossroad. The statement seems to mark a shift in group’s strategy from expansion/acquisitions to consolidation as driver of growth. None of the chairman had openly talked about the need to trim down the portfolio so … Continue reading Tata Group – Reading Cyrus Mistry's mind..!
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IMF World Economic Outlook, April'16. What is new…

The IMF projects a 0.2% downward revision for the world growth in 2016, which stands at 3.2% now. Almost all the major economies have witnessed a downward revision, except China for which there is 0.2% upward revision and India where there is no change. Beyond the numbers, key points of the 230 page report (equal to … Continue reading IMF World Economic Outlook, April'16. What is new…
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