Re:HuffPost India is history, thanks to new FDI norms
by factorialboy on Wednesday November 25, 2020 @05:49AM
(#25207867)
Given that they cannot carry out their ops without foreign investment is clear indication that the business was unsustainable.
> I think the fundamental outlined in the article is "Narendra Modi government’s new foreign direct investment norms for digital media," and not described in relation to revenue.
That's an opinion piece. The fact is they shut down operations. And if the reason is lack of foreign investment, then it's imminently obvious that they made no profits.
Re:HuffPost India is history, thanks to new FDI norms
by square_usual on Wednesday November 25, 2020 @06:03AM
(#25207975)
Amazon is losing tons of money in India, and they couldn't sustain that business without funding from their parent org. Should the government shut them down too?
Re:HuffPost India is history, thanks to new FDI norms
by damnencryption on Wednesday November 25, 2020 @06:26AM
(#25208127)
How many big startups/companies in India are making enough profit to self sustain themselves currently?
Jio, swiggy, Zomato, Tata motors, Amazon, flipkart, ola, big basket, oyo, Paytm, and the list goes on. Maybe we should shut them all down.
Re:HuffPost India is history, thanks to new FDI norms
by rtx on Wednesday November 25, 2020 @07:03AM
(#25208337)
None who can meddle in elections through news pieces.
Re:HuffPost India is history, thanks to new FDI norms
by ashleshbiradar on Wednesday November 25, 2020 @06:55AM
(#25208287)
It's not an opinion piece.
We don't know, and what's significant? Return on investment regardless of size of investment is significant when running any business.
> At some point, fundamentals of the business matter.
I think the fundamental outlined in the article is "Narendra Modi government’s new foreign direct investment norms for digital media," and not described in relation to revenue.