Is the time for consolidation among technology companies of the new era ripe?

Web exclusive

The rise in the price of capital has already weighed heavily on related stocks around the world over the past few months

Topics
Somato | Nazara Technologies | Political bazaar

Puneet Wadhwa |
New Delhi


Tightening liquidity conditions and shifting the focus from growth to cash flow are likely to lead to consolidation among information technology (IT) companies in the new era, analysts say. With liquidity tightening, start-ups, they said, are shifting the focus from growth at all costs to preserving cash as survival becomes key.

READ ALSO: Acquisition of Zomato Blinkit may slow its path to profitability: Analysts

TO READ THE FULL HISTORY, SUBSCRIBE NOW ONLY TO 249 RS MONTHS.

SUBSCRIBE FOR PROPHECY

What do you get from Business Standard Premium?


OR




Dear reader,

Business Standard has always sought to provide up-to-date information and commentary on events that are of interest to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our proposal only strengthened our determination and commitment to these ideals. Even during these difficult times stemming from Covid-19, we remain committed to keeping you informed and up to date with credible news, authoritative views and insightful comments on current issues.
However, we have a request.

As we struggle with the economic impact of the pandemic, we need your support even more so that we can continue to offer you better quality content. Our subscription model has received encouraging feedback from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve our goals of offering you even better and more relevant content. We believe in free, honest and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

Digital editor

First publication: Thu, 30 June 2022 12:19 IST

Leave a Comment