The ‘Beating Street Estimates’ game
The Associated Press (via NY Times) has an article explaining how so many US companies regularly manage “to beat analysts’ estimates”: Corporate America has a habit of low-balling the earnings…
Have women on your board? Here’s the cash…
From The New York Times: Naissance Capital, based in Zurich, will start the Women’s Leadership Fund in January, which will invest in companies whose boards include women. It also plans…
“It’s all coming together for Reva”
The New York Times has an article on electric car maker Reva. Last month, the company won an important stamp of approval when General Motors said it would use Reva’s…
Deal Alert: A2Z Maintenance acquires controlling stake in CNCS Facility Solutions
Edited excerpts from Press Release: Gurgaon-based facilities management and EPC firm A2Z Maintenance and Engineering Services has acquired a controlling stake in CNCS Facility Solutions, a Mumbai-based facilities management services…
ContentSutra interview with Nimbus’ Harish Thawani
ContentSutra interviewed Nimbus Communications’ Chairman Harish Thawani, in the context of the PE-backed firm’s renewal of its contract to broadcast test and one-day cricket matches played in India. What is…
Forbes’ profile of the Co. behind Mainland China
Forbes India has a profile of Speciality Restaurants, the company behind Mainland China and other restaurants. (Anjan Chatterjee) has 52 restaurants (spread across eight brands including Mainland China, Sigree and…
Deal Alert: Nutraceuticals firm Deccan Healthcare raises Rs.15-Cr from Nexus Ventures
Edited extracts from the press release: Deccan Healthcare, an innovative products company in the Indian health and wellness market, has received a Rs 15 crore investment from Nexus Venture Partners.…
Forbes India profile of Gitanjali Gems
From the Forbes India profile: He is aiming to be the world’s biggest jewelry retailer, growing bigger than Tiffany, which had net sales of $2.86 billion last year and has…
Deal Alert: Evolva Biotech raises $28-M in first closing of Series B financing
Evolva Biotech, a Switzerland- and India-based drug discovery firm, has raised CHF 28 million (about US$27.8 million) in the first closing of its second round (“Series B”) financing round. The…
“Real ARPUs are 25% higher”
In an article for Business Standard, Unitech Wireless’s Chairman Sanjay Chandra says that despite the profitability issues in the short-term, the industry’s size will double in five years. ARPU numbers…