Weekend wrap: IPO myths, quick commerce gone wrong and more
Oct 18, 2024, 17:09 IST
Dear reader,
Another week comes to an end, and with it, a fresh roundup of stories shaping the business and finance landscapes. This week, we explored data that challenges the idea that large IPOs automatically lead to large returns—18 of India’s biggest IPOs fell short of expectations.
On the investment front, experts debunked the popular advice of ‘buying the dip’ and suggest a better approach for long-term success. And in the world of quick commerce, recent incidents like bizarre notifications and uncalled-for freebies piqued social media's interest.
For stargazers and romantics, the upcoming Hunter’s Moon offers a beautiful setting for a moonlit night. And for career climbers, we have insights from a product manager who landed a $180,000 role at Cisco, sharing resume tips to help you stand out. Dive in, and enjoy this week’s highlights!
Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns
A study of India’s top 30 IPOs reveals that a majority—18 of them—failed to deliver substantial returns to investors. Despite the hype surrounding large public offerings, data shows that a company’s size or popularity doesn’t always correlate with strong post-IPO performance. Investors are urged to manage their expectations and conduct thorough research before jumping into large IPOs, as high-profile launches don’t guarantee hefty returns.
Read more
Free tomatoes to i-pill notification, recent quick commerce incidents that sparked outrage
Recent incidents in India’s quick commerce sector have sparked widespread outrage, ranging from offering free tomatoes as promotional giveaways to sending unsolicited I-Pill notifications to customers. These occurrences highlight issues around consumer privacy, safety, and inappropriate marketing strategies. As rapid delivery services continue to expand, so do concerns about their ethical and operational practices.
Read more
The age-old investment advice of ‘buying the dip’ may not always hold true, especially in unpredictable markets. Experts argue that waiting for stocks to drop before investing could result in missed opportunities, as market timings are nearly impossible to predict. Instead, the best strategy for long-term investors may be to focus on consistent investing, with the right time to start being now.
Read more
Why this week's Hunter's Moon is the ultimate backdrop for the perfect moonlit date night
The upcoming Hunter’s Moon, which will grace the skies this week, offers the perfect opportunity for a romantic, moonlit night. This full moon is not only visually stunning but also holds cultural significance, symbolizing harvest and abundance. For those seeking an atmospheric, nature-infused experience, this celestial event promises to be the ultimate backdrop for a memorable date night.
Read more
A product manager shares the résumé that helped him transition from consulting and land a $180,000 role at Cisco
Transitioning from consulting to a high-paying role as a product manager at Cisco, one professional shared the resume that helped him land the $180,000 job. His strategic approach included tailoring his CV to highlight relevant skills and experiences, positioning himself as the perfect candidate for the tech giant. Aspiring product managers can take notes on crafting resumes that stand out in competitive job markets.
Read more
Advertisement
Another week comes to an end, and with it, a fresh roundup of stories shaping the business and finance landscapes. This week, we explored data that challenges the idea that large IPOs automatically lead to large returns—18 of India’s biggest IPOs fell short of expectations.
On the investment front, experts debunked the popular advice of ‘buying the dip’ and suggest a better approach for long-term success. And in the world of quick commerce, recent incidents like bizarre notifications and uncalled-for freebies piqued social media's interest.
For stargazers and romantics, the upcoming Hunter’s Moon offers a beautiful setting for a moonlit night. And for career climbers, we have insights from a product manager who landed a $180,000 role at Cisco, sharing resume tips to help you stand out. Dive in, and enjoy this week’s highlights!
Top stories of the week
Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns
Advertisement
Read more
Free tomatoes to i-pill notification, recent quick commerce incidents that sparked outrage
Recent incidents in India’s quick commerce sector have sparked widespread outrage, ranging from offering free tomatoes as promotional giveaways to sending unsolicited I-Pill notifications to customers. These occurrences highlight issues around consumer privacy, safety, and inappropriate marketing strategies. As rapid delivery services continue to expand, so do concerns about their ethical and operational practices.
Read more
Advertisement
Why "buying the dip" is not always good advice, and the right time to start is nowThe age-old investment advice of ‘buying the dip’ may not always hold true, especially in unpredictable markets. Experts argue that waiting for stocks to drop before investing could result in missed opportunities, as market timings are nearly impossible to predict. Instead, the best strategy for long-term investors may be to focus on consistent investing, with the right time to start being now.
Read more
Why this week's Hunter's Moon is the ultimate backdrop for the perfect moonlit date night
The upcoming Hunter’s Moon, which will grace the skies this week, offers the perfect opportunity for a romantic, moonlit night. This full moon is not only visually stunning but also holds cultural significance, symbolizing harvest and abundance. For those seeking an atmospheric, nature-infused experience, this celestial event promises to be the ultimate backdrop for a memorable date night.
Read more
Advertisement
A product manager shares the résumé that helped him transition from consulting and land a $180,000 role at Cisco
Transitioning from consulting to a high-paying role as a product manager at Cisco, one professional shared the resume that helped him land the $180,000 job. His strategic approach included tailoring his CV to highlight relevant skills and experiences, positioning himself as the perfect candidate for the tech giant. Aspiring product managers can take notes on crafting resumes that stand out in competitive job markets.
Read more