Pia Krishnankutty
Global investors are afraid to look at Indian telecom market. Vodafone CEO can change that
A true revival of the Indian telecom sector will require an optimistic view of the future, which is a difficult ask given the industry’s chequered past.
India’s used car website Cars24 raises $450 mn from SoftBank, Tencent, others
The round values Cars24 at $1.84 billion, almost doubling from the end of last year. It’s starting conversations about an IPO and aims to go public in 18 to 24 months.
Defence
Defence ministry plans uniform retirement age for army, navy & air force, more years of service
The move is expected to help cut salary, pension bills & address issues of re-employment & staff shortage. India is the world's third-largest defence spender, but much of it is on wages.
Modi at 71 has zero challenge. But one CM is emulating him, a divisive, rising BJP star
Yogi has put high command in a tough situation. If he doesn’t win UP next year, it will set back BJP’s prospects in 2024. If he wins, it will be seen as his win as much as theirs.
