RedSeer appoints new partner Shitiz Bansal to build digital services adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Rise of Oligopolistic Dominance
As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors
Illustration by Siddhant Jumde
During the 26th meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), one of the MPC members - Jayant R. Varma, Professor, Finance and Accounting, IIM Ahmedabad - made an interesting observation, which many in government institutions would barely admit to. Anecdotal evidence suggests that in several sectors which are characterised by an oligopolistic core and a competitive periphery, the oligopolistic core has weathered the pandemic well and it is the competitive periphery that has been debilitated. Rising profits and profit margins, improving capacity utilisation and lack of new capacity additions create ripe conditions for the oligopolistic core to start exercising pricing power, he had said. An oligopoly is a form of market form where a sector/industry is
Rise of Oligopolistic Dominance- Business News businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Govind Shrikhande and Ruchira Jain have joined as the company’s Partners to strengthen RedSeer s research and consulting capabilities across sectors, including retail and technology
Shripad Nadkarni
Backed by Sauce Vc and the mentorship of Govind Shrikhande, XYXX, the home-grown industry player of the Indian menâs comfort wear market, has brought on board ace marketer Shripad Nadkarni, angel investor and co-creator of Paper Boat and Epigamia, Founder of Maverix Platforms, a cloud kitchen venture and former Vice-President, Marketing of Coca Cola India.
Known for his remarkable journey with top companies like Johnson & Johnson and Coca Cola as well as several start-ups, Nadkarni will help sharpen and drive the XYXX brand as a mentor and investor.
Advertisement
Expanding and gaining traction with its focused omni-channel play, XYXX, the brainchild of Yogesh Kabra, has seen early success on all fronts.