Our top reads of the week
From Stellaris Venture Partners' contrarian bets to Sabyasachi Mukherjee's business philosophies, here are our most popular stories of the week
Every week, catch up on the best long form stories from Forbes India. Often peppered with our binge-worthy podcasts, videos or infographics too. Image: Shutterstock
1) Contrarian bets and magic of discipline
In 2017, Alok Goyal teamed up with Ritesh Banglani and Rahul Chowdhri to start Stellaris Venture Partners, an early-stage and sector-agnostic venture capital fund. Their shared belief: Most of the outsized money in venture (capital) is made in contrarian bets. They even look at downturns as an opportunity to find good bets, even if they are loss-making. Goyal reckons if the sole metric of investment is profitability, then patient investors can take advantage of that choppy market, and invest in companies that have sound fundamentals and are less cash-guzzling. Is there a flip side to this approach? Read more
2) Good ol' days
For the first time in almost a decade, India’s banks are in a sweet spot—the balance sheets of several public sector banks and private sector banks have seen a remission of bad loans, led by higher provisions, which were possible due to government-induced recapitalisation. Private sector banks have also seen improved asset quality due to better provision, slippages being brought under control and increased deleveraging by corporates. This has also meant benign credit costs for banks in recent months. What are the reasons behind these "good days" for the banking sector? Read more
