Increasingly competitive market.
Dear Balbir Singh Sooch,
Drum roll! If you have been reading our newsletters and are still on the fence, you should check this out: <PRIMESHOTS>.
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In today’s <PRIMESHOTS>: even with the IPL back on, the broadcaster may still see stars; the problem of sameness in ed-tech; and big investors are eschewing mutual funds. That helps, right?
Now, over to today’s ET Prime edition.
CORPORATE GOVERNANCE
Top NSE companies understand letter of the law better than its spirit
Compliances and disclosures in the area of governance seem far better than in environment and social, where rules are yet to be codified. Environment, social, and governance standards and processes, therefore, need to be uniform and implemented well for companies to ensure long-term sustainability and high levels of investor confidence. Voluntary disclosures don’t work.
PHARMA
Caplin Point thrived in an oasis of low competition. Now it wants a bigger pie.
From a humble beginning, Caplin Point has expanded both in size and across distant geographies at a remarkable pace. The company, which currently has a substantial footprint in Central America, wants to foray into new markets. But it could be a long shot as the model that has worked in small republics is difficult to be replicated in larger countries.
AUTO
UBS, JPMorgan back biggest Chinese battery maker
Shenzhen-listed Contemporary Amperex Technology (CATL) raised nearly 19.7 billion yuan (USD2.8 billion) from nine investors through a private share placement last week to expand production capacity and fund research and development, underscoring its ambition to better compete with foreign rivals in a lucrative but increasingly competitive market.
Regards,
ET Prime Team