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Varun Beverages is betting big on growth amid rising competition
Stock Market

Varun Beverages is betting big on growth amid rising competition

Varun Beverages Ltd’s (VBL) strategy is clear: aim for double-digit volume growth in India, focus on international expansion, and strengthen the distribution network. Despite facing

ASCI joins hands with online gaming federations to monitor offshore betting ads
Business

ASCI joins hands with online gaming federations to monitor offshore betting ads

The Advertising Standards Council of India (ASCI) has signed an MoU with online gaming industry bodies to address the growing concern over illegal betting and

Indonesia’s shrinking middle rattles businesses betting on a boom
Finances

Indonesia’s shrinking middle class rattles businesses betting on a boom

Pizza Hut’s Indonesian franchisee pinned its hopes on the middle class’s expansion in the world’s fourth-most populous country. But its decision to shut 20 stores

Mastering Derivatives: Betting on mean reversion
Business

Mastering Derivatives: Betting on mean reversion

Traders typically create mean-reverting systems to capture gains in anticipation of prices moving from their current levels to their long-run average levels. This week, we