Selected Tag: Dev Chandrasekhar

Dev Chandrasekhar

Dev Chandrasekhar advises corporates on big picture narratives relating to strategy, markets, and policy.

SEBI's Derivatives Pullback Will Drive Speculation Offshore

Longer-dated contracts and reduced leverage will push trades to alternative assets and foreign jurisdictions, defeating the regulator’s objectives.

Dev Chandrasekhar

Sunil Goel

August 26, 2025 at 2:29 PM IST

Squeezed for the State, Royalty Payout Hits NMDC

India's iron ore giant generates record production and surging revenues, but margins collapse as state royalty mechanisms consume 40% of the top line.

Dev Chandrasekhar

August 25, 2025 at 12:47 PM IST

NMDC webiste

Can Tata Motors Pull Off Another JLR with Iveco?

The €3.8 billion debt-financed acquisition requires flawless execution simultaneously across multiple regulatory jurisdictions, technology platforms, and competitive battlegrounds.

Dev Chandrasekhar

August 13, 2025 at 12:19 PM IST

IVECO website

Dr Reddy's is Betting the Farm on Russia and Obesity Drugs

Dr Reddy's bets big on Russia and semaglutide, risking all on flawless execution as sanctions loom and lenalidomide revenues decline.

Dev Chandrasekhar

August 6, 2025 at 4:25 PM IST

iStock.com/stefanamer

Bajaj Finance’s Premium Valuation Faces Leadership Headwinds

Bajaj Finance’s groomed successor quit in four months, exposing cracks in succession planning just as credit stress and lofty valuations collide.

Dev Chandrasekhar

July 30, 2025 at 10:54 AM IST

Eternal Shows Quick Commerce Is About Plumbing, Not Price

Deep-pocketed E-commerce players are flooding the quick commerce market with discounts, but the real competitive moats lie in mundane operational metrics

Dev Chandrasekhar

July 26, 2025 at 6:09 AM IST

AI Generated

Polycab May Not Be Disrupted the Asian Paints Way

Unlike paint's oligopolistic vulnerability, cables reward specialisation and integrated offerings.

Dev Chandrasekhar

July 22, 2025 at 3:45 AM IST

File photo

Wipro's Paradox: If Deals are Soaring, Why the Flat Guidance?

The Indian IT giant's strong bookings can't mask its revenue struggles, raising questions about execution in a shifting market

Dev Chandrasekhar

July 19, 2025 at 11:29 AM IST

File photo

The Vedanta Patterns Investors and Regulators Should Not Ignore

A 25-years-plus pattern of governance mishaps makes Viceroy's allegations impossible to dismiss

Dev Chandrasekhar

July 18, 2025 at 11:21 AM IST

File photo

Is Titan's Valuation Glow Beginning to Fade?

Titan’s jewellery growth, in April-June, lags expectation amid soaring gold prices and flat buyer base, pressuring its premium valuation outlook.

Dev Chandrasekhar

July 16, 2025 at 9:38 AM IST

iStock.com/rvimages

TCS Margin Gains Is A Mirage Masking Growth Malaise

India's IT bellwether delivers profits, but the underlying business is shrinking. That spells trouble ahead

Dev Chandrasekhar

July 12, 2025 at 7:36 AM IST

File photo

IPO

When IPO Red Flags are Allowed Marketing Spin

Belrise Industries IPO reveals the poor evaluation standards applied by regulators, underwriters, and institutional investors.

Dev Chandrasekhar

July 11, 2025 at 2:18 AM IST

SEBI’s Jane Street Action May Be a Cure Worse Than the Disease

SEBI’s unprecedented enforcement action may have been premature, risking India's global derivatives supremacy on legally shaky grounds.

Dev Chandrasekhar

Sunil Goel

July 4, 2025 at 2:57 PM IST

Jimmy vikas/cc

Torrent-JB Pharma: Strategic Fit, Overpriced Acquisition?

Torrent Pharma’s mega JB Chemicals acquisition signals bold ambition. But will its premium bet on scale and diversification pay off or prove costly?

Dev Chandrasekhar

July 1, 2025 at 6:18 AM IST

iStock.com

TCS's New 225 Billable Days Diktat Points To Desperate Margin Defence

The company wants to be seen as an AI-era pioneer, yet risks painting itself as a digital sweatshop.

Dev Chandrasekhar

June 23, 2025 at 11:01 AM IST

Amol.Gaitonde/Via WikiCommons

Zee’s ₹22 billion Capital Raise Plan Can’t Hide Its Strategic Retreat

Zee’s ₹22 billion warrant issue, despite ₹24 billion in cash, signals weak strategy, promoter control focus, and deepening doubts about future growth.

Dev Chandrasekhar

June 19, 2025 at 10:27 AM IST

Zee Annual Report

India's Oil Stocks Split on Iran-Israel Crisis

The crisis highlights investment tensions: marketers and refiners struggle with volatile costs and regulated pricing, while upstream producers face renewable transition risks.

Dev Chandrasekhar

June 16, 2025 at 8:07 AM IST

istocks/imaginima

Jane Street’s Trades Reveal Global Options Sellers Rigged Indian Indices

SEBI’s probe exposes how India built the world's largest options market on a foundation of systematic retail exploitation

Dev Chandrasekhar

Sunil Goel

June 16, 2025 at 5:47 AM IST

iStock.com

Warner Bros. Discovery’s $43 Billion Warning For Indian Media Investors

Indian media companies such as Zee Entertainment and Sun TV face similar constraints or worse, burning cash on convergence strategies without sustaining competitive advantage in either traditional broadcasting or streaming.

Dev Chandrasekhar

June 12, 2025 at 10:01 AM IST

Via WikiCommons

Will Factor-Based Indices Help BSE Get Back Some Long-Lost Index Shine?

BSE's strategic attempt to challenge NSE's overwhelming dominance in India's passive investing market faces formidable structural barriers.

Dev Chandrasekhar

May 30, 2025 at 8:41 AM IST

Will Backward Integration Restore Asian Paints’ Lost Lustre?

Paint leader's volumes stagnate and margins crack as new entrants disrupt pricing power and diversification falters.

Dev Chandrasekhar

May 20, 2025 at 10:03 AM IST

iStock.com

Trump's "Most Favored Nation" Plan Exposes Indian Big Pharma's Concentration Risk

New executive order targeting drug prices reveals dangerous US dependency and accelerates the need for market diversification and higher-value products.

Dev Chandrasekhar

May 13, 2025 at 8:26 AM IST

Coal India At A Crossroads

Coal India's triple-threat headwinds require more than token diversification as its core coal business faces mounting challenges

Dev Chandrasekhar

May 10, 2025 at 6:46 AM IST

iStock.com

Varun Beverages: Margins defended for now, but a CampaCoke assault lurks

Varun Beverages posts strong numbers for the March quarter, but rising pressure from Campa Cola and a recharged Coca-Cola could test its margin defense in India’s fizzy drinks war.

Dev Chandrasekhar

May 3, 2025 at 7:54 AM IST

Vedanta’s 2024–25 Metal Boom Can’t Mask Energy Strain

Vedanta’s metals engine powered strong 2024–25 results, but weak oil output and rising costs may force a rethink ahead of the planned demerger.

Dev Chandrasekhar

May 2, 2025 at 7:25 AM IST

Bluerasberry/Via WikiCommons

AI Bets Test India’s IT Giants As Margins Slip And Clients Push Back

India’s top IT firms are chasing AI glory, but shrinking margins and client hesitancy suggest the transformation story may not pay off just yet.

Dev Chandrasekhar

April 21, 2025 at 11:00 AM IST

iStock.com/Kandarp Gupta

Natco’s Cut-Price Cure Has A Premium Twist

A complex drug priced 99.9% below the original might just lift this stock’s value perception.

Dev Chandrasekhar

April 9, 2025 at 5:26 AM IST

iStock.com/Rawf8

How 10-Minute Deliveries Are Driving EV Adoption in India

Quick commerce companies are driving India's electric two-wheeler adoption through large-scale fleet deployment.

Dev Chandrasekhar

April 8, 2025 at 12:35 PM IST

iStock.com/Jeevan GB

LIC’s Struggles Outweigh Analyst Hopes; It Does Not Have To

Sixteen out of 21 analysts tracking LIC, recommend a “buy,” with the average 12-month price target implying a near 25% upside.

Dev Chandrasekhar

April 2, 2025 at 5:41 AM IST

Christopher John SSF/via Wikimedia Commons

Musk's India Gambit Might Go Beyond EV And Starlink

India has more to offer Musk than just EVs and Starlink. The country’s market could be the solution to Tesla’s meltdowns elsewhere.

Dev Chandrasekhar

March 28, 2025 at 4:05 AM IST

PIB

Crypto

Time For A Digital Monetary Theory As Crypto Gains Global Ground

With leading economies embracing crypto, the need for academic and policy focus on its impact has never been sharper.

Dev Chandrasekhar

March 6, 2025 at 7:51 AM IST

Claude 3.7 Signals The Inevitable Decline Of Junior Developer Roles

The rise of Claude 3.7 marks a critical shift in AI-driven coding, reducing the need for junior developers while increasing demand for systems-focussed AI governance roles.

Dev Chandrasekhar

March 3, 2025 at 3:07 PM IST

India’s Corporate Debt Dilemma: Short-Term Safety Over Long-Term Growth

The rise in short-term commercial paper issuances versus declining issuance of BBB-rated bonds signals lender caution. Despite RBI rate cuts, financing cost for India’s largest pool of commercial borrowers remains high, threatening economic growth and job creation.

Dev Chandrasekhar

February 12, 2025 at 5:04 AM IST

The Bureau

India’s Economy Expands 7.8% in June Quarter, Highest in Five Quarters

Rupee Hits Record Low as Tariff Shock Fuels FPI Outflows

Trump Tests the Guardrails of US Credibility

India’s Industrial Output Growth Hits Four-Month High of 3.5% in July

Fed Eyes Data Before Rate Decision; Trump’s 50% Tariff on India in effect

Fitch Affirms India Rating Days After S&P Upgrade, Points to Tariff Risks

Lifting the Lid on Regulatory Silence

How Some Importers Mined a Scheme for Exporters to Dodge Exchequer

Sanjeev Sanyal on Trump, India’s Growth Path, and Process Reforms

Sarci-Sense: About Silent Goodbyes & How Middle-Age Friendships Disappear

iStock.com