Shamsheer Vayalil's healthcare empire, corporatisation of Indian fashion houses, and analytics empowering athletes are some of the stories that piqued the interest of our readers this week
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1) Cold feet on debut
Before the IPO, experts were not convinced by the valuation proposed by Honasa Consumer, the parent company of the beauty brand Mamaearth. When the company landed on the bourses, it turned out investors were also not convinced by the promises of its potential. The stock debuted at Rs330 on NSE, almost flat. Was it steep valuations, unstable financial performance, high advertising spending or something else that dissuaded analysts from the digital-first brand's pitch? Here's a look at the red flags and the possible future of Honasa on the stock market.
2) Piggyback ride
Experts and analysts in the automobile sector believe that Tata Motors' 2008 acquisition of Jaguar Land Rover has been one of the group's starring achievements. All this while, Tata Motors let the premium brands grow with minimum meddling. There was never much synergy between Tata's value-centric vehicles and JLR's luxury offerings, not in cost structure or manufacturing processes. But now the times are changing. Tata Passenger Electric Mobility (TPEM) has signed an MoU with JLR to license their latest electric vehicle architecture. They will also share the manufacturing know-how. In simpler terms, this partnership will co-develop EVs. How does it work out for Tata Motors and its premium side? Here's a quick strategy explainer.
3) Influencer burnout