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Showing posts from August, 2021

Kumar Mangalam Birla's Smart Move

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  Recently Kumar Mangalam Birla the CEO of Aditya Birla Group has stepped down from the CEO position of the debt trapped company Vodafone-Idea (VI). He has also written a letter to the Government to offer his 27% stake in VI to any Public Sector Company run by the Government of India or any other private entity who are interested in handling the telecom giant company. He also wrote in his letter that he has tried his best to revive the company but wasn't able to do that due to immense competition faced by Jio and Airtel. After coming of Jio only three companies could have survived in the Indian market which were Vodafone, Idea and Airtel. But now it seems VI has also cleared the ground for Jio and Airtel. He told the Government in his letter that if they want a three company competition in the telecom market then specify it and take concerned steps for it. He also stressed on floor pricing of plans per subscriber so that they can survive in this fierce price war.  How Birla pl...

India's Investment fortune in Afghanistan

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  The withdrawal of The US troops from Afghanistan and The Taliban swiftly occupying the heart of Kabul till 15th of august 2021 has produced an alarming situation for all the other countries of the world and particularly leaving India in a disadvantageous situation. Afghanistan is included in the few countries in which India has invested a hefty amount of money and it is a land of strategic importance as far as India's situation is considered. The increasing influence of China in South Asia is a threat for India as China is using all India's neighbouring countries as a pawn by using its debt trap strategy to pressurize India from all the sides. So India is also increasing its influence in its neighbouring countries by making healthy trade agreements, investing in those countries and providing them monetary assistance and Afghanistan is one of the country which will help India counter China's ambitious One Belt and Road Initiative. India has invested a large amount of money...