Multitasking Might have You Lose Your Post as a CEO

Dorsey, CEO of twitter has always been a target for activist investor as he serves as a Chief Executing Officer to two companies at a same time. He serves to twitter as well as square Inc. Though it seems, Dorsey isn't a target of activist investors only as In December, Scott Galloway, a professor of marketing at New York University’s Stern School of Business, penned a letter about his own concerns as an investor in the company. In an open letter he clearly stated that his primary objective is replacement of CEO Jack Dorsey.This angst against Dorsey hasn't mounted overnight. Dorsey's leadership arrangement is unusual compared with other executives of public companies. While other tech executives run multiple companies, like Tesla's Elon Musk, Dorsey is the only CEO of two public companies with market valuations of more than $5 billion. More to it, his plans to move to Africa aren't pleasing Elliot Management either. Since Dorsey returned as CEO in July 2015, the company’s shares have fallen 6.2%, while Facebook’s have gained more than 121% during that time.

With falling stocks, it's hard for investors to believe in the direction, Dorsey is planning to move the company towards. Michael Levine, an analyst at Pivotal Research Group, wrote in a note Monday that he sees a "high" chance of success for Elliott in seeking to replace Dorsey and obtaining four board seats, as Bloomberg reported. Levine said he'd like to see "more strength on the operating front" by hiring a dedicated COO at Twitter.

Shares of Twitter spiked more than 8% Monday following a late-Friday report that an activist investor is pushing to replace CEO Jack Dorsey. The rally, which added more than $2 billion to Twitter's market value and brought it to over $28 billion, came as the overall market recovered slightly from its fall last week on coronavirus-related concerns.

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Stagflation: A Threat to India

India is entering into the stage of stagflation, just 2 years ago it was expanding at 8% and emerging as a major global player, the situation has come down to this. With higher prices of food, The new citizenship act, and the central bank's target, India is meeting its slowest development in a decade. The inflation in December 2019 increased to 7.35 percent which was the highest since July 2014, which is past the RBI limit of 6%. But what led to this situation? We have had demonetization in 2016, the implementation of GST followed by many other policies but what led to this? Let's look at some facts. The consumption of volatile oil makes up about 60% of gross domestic product which puts off all the investment plans. Economic growth in the fiscal year through March 31 is set to slow to an estimated 5%. Teresa John, an economist at Nirmal Bang Equities Pvt in Mumbai, quoted “The recovery is likely to be very gradual and a stagflation scenario is likely. ” The government has...

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