What Makes Billionaires Invest In News Media Companies

Historically, the wealthiest in the society aspire to own Media Houses – for 1) Access, 2) Influence, and 3) Thought Control. But there are new motivations spurring media acquisition by billionaires in the 21st Century.

Aditya Birla enters into branded ethnic market, acquires Jaypore

India’s leading fashion company, Aditya Birla Fashion and Retail Limited begins a new chapter in its growth story with 100 per cent acquisition of ‘Jaypore’; an Indian online and offline retailer, that offers curated collections of handmade, handwoven and handcrafted apparel, jewellery, home textiles and accents, based on craft forms, from all over India.

Why size is the wrong ‘Idea’ for ‘Vodafone’

Vodafone Idea will find it challenging to compete with Reliance Jio and Airtel. Improving margins and sustaining capex will be critical for its sustenance. Vodafone Idea posted its second straight quarterly loss of Rs 5,000 crore in the quarter ending…