Una's Feed
May 19, 2015
via Breakingviews

SoftBank lives up to its name with Indian startup

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Founders don’t always make the best leaders. That is the painful public lesson that SoftBank is learning at Housing.com. The Japanese group is struggling to rein in the 26-year old chief executive of the property listings website it invested in last December. Though SoftBank may value a reputation for being founder-friendly, being seen as a weak investor is worse.

May 19, 2015
via Breakingviews

SoftBank lives up to its name with Indian startup

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Founders don’t always make the best leaders. That is the painful public lesson that SoftBank is learning at Housing.com. The Japanese group is struggling to rein in the 26-year old chief executive of the property listings website it invested in last December. Though SoftBank may value a reputation for being founder-friendly, being seen as a weak investor is worse.

May 14, 2015
via Breakingviews

India online retail hierarchy looks far from fixed

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

India’s e-commerce hierarchy looks far from fixed. The exponential growth of smartphone users is rapidly changing shopping habits in the nation of 1.2 billion people. Investors have poured in hoping to pick the next Amazon or Alibaba. The opportunity is huge but low barriers to entry mean it is easy for wannabes to crash the party.

May 14, 2015
via Breakingviews

India online retail hierarchy looks far from fixed

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

India’s e-commerce hierarchy looks far from fixed. The exponential growth of smartphone users is rapidly changing shopping habits in the nation of 1.2 billion people. Investors have poured in hoping to pick the next Amazon or Alibaba. The opportunity is huge but low barriers to entry mean it is easy for wannabes to crash the party.

May 12, 2015
via Breakingviews

SoftBank’s next boss more symbol than succession

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

SoftBank chairman Masayoshi Son has named an heir apparent. Though since he has no plans to retire, it’s not obvious that much change is in store for the Japanese tech conglomerate. Declaring ex-Google executive Nikesh Arora as Son’s likely successor looks more like a symbol than a move towards succession.

May 12, 2015
via Breakingviews

SoftBank’s next boss more symbol than succession

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

SoftBank chairman Masayoshi Son has named an heir apparent. Though since he has no plans to retire, it’s not obvious that much change is in store for the Japanese tech conglomerate. Declaring ex-Google executive Nikesh Arora as Son’s likely successor looks more like a symbol than a move towards succession.

May 5, 2015

Indian retail union is marriage of convenience

(The author is a Reuters Breakingviews columnist. The opinions
expressed are her own.)

By Una Galani

HONG KONG, May 5 (Reuters Breakingviews) – India’s retail
merger is a marriage of convenience. After parting ways with
Wal-Mart, billionaire Sunil Mittal is folding his Bharti
group’s Easyday operations into the Biyani family’s larger
Future Retail. The former gets a partner with scale
while the latter improves its footprint in the north of India
while further reducing its hefty debt load.

Apr 22, 2015
via Breakingviews

India’s poor state banks will test investor limits

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Investors in India’s state bank fundraisings will have to take a leap of faith. State Bank of India is leading the rush to raise capital with a huge $2.4 billion public market share sale. Others are lining up to follow. An economic revival makes bad debts look less bad. Long-term investors, however, also have to believe that the government will keep its promise to curb meddling in lending decisions.

Apr 21, 2015
via Breakingviews

Daiichi Sankyo scrubs out Indian M&A nightmare

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By Una Galani

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Daiichi Sankyo has emerged from a long spell of infirmity in India with its financial faculties just about intact. The Japanese group’s 2008 purchase of a stake in local drugmaker Ranbaxy was once a fable about overseas expansion gone wrong. By knowing when to quit, and riding on India’s market exuberance, Daiichi has got itself to a position of being able to exit without shouldering big losses.

Apr 21, 2015
via Breakingviews

Daiichi Sankyo scrubs out Indian M&A nightmare

Photo

By Una Galani

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Daiichi Sankyo has emerged from a long spell of infirmity in India with its financial faculties just about intact. The Japanese group’s 2008 purchase of a stake in local drugmaker Ranbaxy was once a fable about overseas expansion gone wrong. By knowing when to quit, and riding on India’s market exuberance, Daiichi has got itself to a position of being able to exit without shouldering big losses.

    • About Una

      "Una Galani is Asia Corporate Finance Columnist of Reuters Breakingviews, based in Hong Kong. She spent three years in Dubai covering the region’s economies in the immediate aftermath of the Arab Spring. Previously, Una wrote on capital markets, mergers and acquisitions, and telecoms across Europe from London. She was commended in the category of Young Financial Journalist at the Harold Wincott Awards for 2009 after joining Breakingviews in 2006. Una read English Literature at Oxford. Follow Una on Twitter @ugalani"
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