One company raises $80 billion like it’s routine, while we celebrate “most entertaining brand campaign” awards.
Maybe the real unicorn India needs is long-term thinking. Good reminder by Uday Kotak- global dominance is built in boardrooms, not just broadcast rooms.
Google which is cash surplus, just announced an additional capital raise of $80 bn.
Google annual profit is $160 bn, last quarter $62 bn, and market cap $4.5 trillion. That is close to total profits and market cap of all Indian listed companies put together.
It’s a wake up call to all companies to invest into the future, whatever the present maybe.
Now that IPL is done and dusted, time for India to focus on business of business.