Every week, catch up on the best long form stories from Forbes India. Often peppered with our binge-worthy podcasts, videos or infographics too. Image: Shutterstock
1) Trader to trainer
Indian stock markets saw a flood of first-time investors when the Covid-19 pandemic hit. Aided by cheap mobile data, lower trading costs, and access to a smartphone, people, with incomes uncertain or truncated, began to look at the capital market as an alternative source to make money. Stock market traders made the most of the situation thanks to increased demand for trainers and mentors. But all's not good in stock trading training haven. Here's the good, the bad, and the ugly. For more
2) Datsun Go-ne
Nissan launched the Datsun brand in India in 2014. It had hoped that the small car boom at the time in the country is the perfect opportunity to capture the emerging market with low-cost vehicles. Datsun Go arrived. “We see a significant opportunity in these growth markets where demand for cars is increasing and will continue to increase,” said Carlos Ghosn, then CEO of the Renault-Nissan alliance, targetting to pocket 10 percent of the Indian car market by 2016. On April 20, 2022, Nissan pulled the plug on the brand. Here's the story of what went wrong in Datsun's strategy. For more
3) Cementing a sustainable future
Benu Gopal Bangur, chairman of Shree Cement, is 91 years old and on the Forbes Billionaires list with a net worth of $7.6 billion in 2022. The cement czar from Kolkata derives most of his wealth from majority shareholding in the company he founded 45 years ago. Shree Cement currently produces 46.4 million tonnes per annum and the firm’s EBIDTA for the December quarter stood at Rs 826 crore. After suffering the consequences of the pandemic lockdowns, the company is back at full throttle with its capex plans and growing its capacity, but in sustainable ways. For more