Take One: Big story of the day
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Post-mergers, big banks aren't gobbling up smaller ones. Not yet
Some bankers, analysts and housing finance experts foresee a consolidation in financial services, but it will be need-driven and neither widespread nor constant
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Inflation shock may push the RBI to hike rates in June
Inflation hit 6.95 percent in March, leading to concerns that retail inflation may breach the upper limit of the RBI's 2-6 percent target band for three successive quarters now, even as the economy struggles with growth challenges
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Meet the accidental venture capitalist fuelling India's D2C boom
Kanwaljit Singh has been relentlessly stoking the direct-to-consumer fire in India. Can his Fireside Ventures stay fired up?
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RBI holds fire for now but trains its guns on inflation
Central bank signals focus on withdrawal of accommodation, cuts GDP forecast to 7.2 percent and raises inflation forecast to 5.7 percent in FY23
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PVR-INOX: How the big screen will get bigger, better
The merger of the two giants of the exhibition sector might help them recover from the pandemic. But things could also get better for other stakeholders—including distributors, producers, smaller exhibitors and consumers
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From IPL to lifestyle, how RCB is planning its next big bet
Diageo India-owned IPL team Royal Challengers Bangalore has outlined an ambitious brand-building roadmap with a portfolio that includes apparel, metaverse, F&B and a fitness app
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How the Parekhs helped build HDFC Bank into India's second-largest company
HDFC Bank, India's largest private sector lender, has announced its decision to merge with HDFC, the country's first retail housing finance company, making it a behemoth and also unlocking consumer potential with cross-selling opportunities
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IT services: Expect strong growth and a brutal talent war ahead
India's biggest IT services companies face an intensifying talent war, even as demand momentum for tech services sustains
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The science behind HDFC-HDFC Bank's mega merger
The bank will now get a stickier loan book and can become an aggressive lender in the mortgage loans space. The deal will ring alarm bells for other banks, who need to build scale and strength in the form of data, distribution muscle and cost of capital
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How 100X.VC takes startups from zero to one and beyond
The Mumbai-based investment firm has created a new model for funding and nurturing early-stage startups. The $3 million it has put into 70 companies so far has snowballed into $43 million of follow-on funding from marque angels, family offices and big name VCs
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Why the RBI MPC may give growth a chance, again
The Monetary Policy Committee has been incrementally supporting growth by holding interest rates at historically low levels. But is it risking future growth by accommodating high inflation for so long?