CNBC-TV18’s article on LinkedIn forecasts the top business events for 2024. The article highlights three major business stories that are expected to impact global markets and the world of business:
- Adani Group’s Indictment: The Indian conglomerate, Adani Group, is likely to face significant challenges in 2024 following its controversy-ridden year in 2023. The company’s majority of foreign institutional investors have already sold their stakes, and regulatory issues are still pending. A possible indictment could lead to further erosion of investor confidence, impacting the company’s financials and the overall Indian economy.
- Tata’s Demise: The 152-year-old Indian conglomerate, Tata Group, faced severe challenges in 2023, including a failed airline venture and significant losses. As a result, Tata’s market value has plummeted. The company’s inability to turnaround its performance could lead to significant backlash, affecting not only its employees but also the entire Indian business community.
- Musk’s Rapid Rise and Fall: Elon Musk’s high-profile ventures, such as SpaceX and Tesla, are expected to face scrutiny in 2024. As regulations around his companies become increasingly stringent, Musk’s ability to maintain his business empire might be put to the test. This could lead to significant financial implications for investors and the global business landscape.
These three events could shape the business landscape in 2024, leading to significant market fluctuations and changes in the global economy.