Google's $80 billion move is a 'wake-up call' for Indian Inc, says Uday Kotak on X
New Delhi, June 3 -- As Indian businesses celebrate another successful season of the Indian Premier League (IPL), veteran banker Uday Kotak believes it is time to shift the spotlight back to what truly drives long-term economic growth - investment in the future.
In a post on social media platform X, Uday Kotak, founder and non-executive director of Kotak Mahindra Bank, pointed to a recent announcement by Google, which despite being cash surplus, unveiled an additional capital raise of $80 billion. For Kotak, the move highlights how the world's leading companies continue to invest aggressively even when they are already generating enormous profits and sitting on strong balance sheets.
The scale of Google's financial strength, he noted, i...
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