Market Research

Infosys co-founder NR Narayana Murthy on Thursday said India lacks quality market research firms, which leads to over-estimation of the opportunity by unicorns and eventually reporting of huge losses. "One of the lacunae in India at this point in time is that we do not have a company that specialises in quality market research," Murthy said. This leads to the entrepreneurs who have created unicorns to overestimate the market opportunity and investments in venture capital funds as well, he added. Companies spend much more than what they should because of this and then wake up to reverses in the business, Murthy said while speaking at an event organised by Symbiosis International here. "...the reality sinks in at the end of the year. Your revenues have not gone up, but the expenses have gone up, with the result you make huge losses," he noted. Murthy made the point while underscoring the importance of market research during an interaction with students and said he had to shut his fi

Impact in US among the worst in the past 10 years

Richest Indian Gautam Adani's conglomerate continues to seek strategic equity partners aligned with its long-term investment strategy as it expands across the energy to transport to mining sectors, debt research firm CreditSights said. In a report, CreditSights said Adani Group is venturing into new or unrelated businesses, which are highly capital intensive. "We still hold our view that several of the Group companies maintain elevated leverage, owing to aggressive expansion plans that are largely debt-funded and that have pressurised their credit metrics and cash flows," it said. CreditSights said it expects Adani Group expansion and acquisition appetite to remain robust ahead, and incremental debt on account of expansion to outpace additional EBITDA generation, which could result in further credit profile deterioration. "We remain concerned over the Adani Group's leverage." The conglomerate may invest more than USD 150 billion over the next decade in expanding new energy busines

Orders it to wind down operations in six months

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The Delhi government will soon come out with an online form seeking suggestions from shopkeepers of the five markets here that will be redeveloped, officials said on Friday. Earlier this month, the Delhi government had announced that it will redevelop the Kamla Nagar, Khari Baoli, Lajpat Nagar, Sarojini Nagar and Kirti Nagar markets to make them "world class". The move was in accordance with the announcement in the Aam Aadmi Party government's Rozgar Budget 2022-23 which aims to create more job avenues with an investment of Rs 100 crore in the re-development project. On Thursday, a meeting of project's expert committee and business leaders of five markets was held at Civil Lines here. Brijesh Goyal, a member of the committee and chairman of the Chamber of Trade and Industry (CTI), said the development works in the market were discussed during the meeting. "There is a lot of curiosity among the traders of the five markets as to when the work will start in the markets," he said. Th

According to the report, the availability of talent, coupled with proven expertise in data handling, technology, infrastructure and cost competitiveness will lead to an orbital shift in the industry

The Indian logic is old, more complex and well established and has stood the test of time. It can explain complex things significantly better than Aristotelian logic

The move, which is backed by one of its biggest shareholders Elliott Management, sent the company's shares up 5% in premarket trading

New age research calls for a seamless blend of old skills and new practices