Daily Archives: May 11, 2020

Borrowing Calendar

Spike in borrowings is not great news for the Indian economy On Friday 08th March, the government announced a revised borrowing calendar for the fiscal year 2020-21. Due to the COVID-19 allocations and lower revenue flows, the government opted to hike the annual borrowing level from Rs.7.80 trillion to Rs.12 trillion. That is a spike…

Jio Valuations

What made Jio Platforms worth more than 50% of Reliance value? In the first week of May 2020, Jio Platforms, RIL’s digital property, got two big PE funds to invest in their business. The deals happened at healthy valuations and give RIL the currency to monetize their stake in the digital business. What exactly were…

Future Group

What exactly has gone wrong with the Future Group Recently, the press has been rife about banks scouting for a buyer for the Future Group. The group floated by Kishor Biyani has run into a mountain of debt and the retail lockdown has only worsened matters for the Future group. To understand what went wrong,…