Business Today back issues from May 2009:
'Companies should be process-driven' ; In Hyderabad recently, Dipak C. Jain, Dean of the Kellogg School of Management in the US, spoke to E. Kumar Sharma on innovative management practices, corporate governance in India and how B- Schools need to come to terms with the reality of a slowdown.
May 03, 2009; ... In Hyderabad recently, Dipak C. Jain, Dean of the Kellogg Schoolof Management in the US, spoke to E. Kumar Sharma on innovativemanagement practices, corporate governance in India and how B-Schools need to come to terms with the reality of a slowdown.Excerpts: Many B-schools have ...
Pay phone! ; A survey by a mobile commerce solutions company says Indians are finally using their mobile phones to pay bills and buy movie tickets.
May 03, 2009 ... More Indians than ever before are using their mobile phones tomake payments, though slow network speed remains a major irritant.These are among the key findings of a recent survey by Paymate,India's leading mobile commerce provider. The survey was sharedexclusively with Business ...
Faster and Cleaner ; In the length of an average lifetime, the field of aviation had gone from being barely able to fly an aircraft for 100 feet to landing on the moon.
May 03, 2009; ... In the length of an average lifetime, the field of aviation hadgone from being barely able to fly an aircraft for 100 feet tolanding on the moon. Now, according to John Tracy, Chief TechnologyOfficer (CTO) of the Boeing Company, the next few years will seeequally radical developments in ...
Placement crunch haunts ISB ; The Indian School of Business has extended its placement season after many students fail to get offers.
May 03, 2009; ... Even the top B-schools are not having it easy any more as jobs atall levels become scarce. The recent graduation day ceremony at theIndian School of Business (ISB) for the class of 2009, for instance,was a relatively sombre affair. Almost a third of the 437 studentsare yet to get ...
Television for the Expats ; A glut of foreign channels is now available on cable and DTH platforms, targeting the expatriate community.
May 03, 2009; ... Not every channel that you get on cable or satellite is out thereto make a profit. Makes no business sense? Maybe. But thesechannels, foreign ones in this case, have a two-point agenda topopularise tourist hot spots and the culture of their country and tokeep their fellow nationals ...
MagCloud ; Know about this new service from HP which allows anyone and everyone to print their very own magazine. Even if they want a single copy!
May 03, 2009; ... What is it? It is a new service from HP which allows anyone and everyone toprint their very own magazine. Even if they want a single copy! How? Basically you create your own magazine or flyer in the PDF formatand post it on MagCloud's site (www. magcloud.com). As and ...
Response to the downturn ; Despite the slowdown, many Indian firms are confident of achieving double-digit growth, says an E&Y survey.
May 03, 2009; ... How is India Inc. coping with the worst economic crisis in livingmemory? Not too badly, finds an Ernst & Young study titled,Opportunity in adversity: India's response to the crisis where IndiaInc.'s reaction to the slowdown on several parameters has beenmeasured. For instance, when asked ...
Numbers of note ; India's rank among 223 countries in terms of average Internet connection speed (772 Kbps compared to the global average of 1.5 Mbps)
May 03, 2009 ... 115: India's rank among 223 countries in terms of average Internetconnection speed (772 Kbps compared to the global average of 1.5Mbps) $45 billion (Rs 2.25 lakh crore): The total value of Indian IT industry, with over 60 per cent ofits revenue coming from the United ...
Signs of a recovery? ; While industrial output figures are grim, growth across some sectors suggests that the worst may be over.
May 03, 2009; ... Could the economic slowdown in India have finally turned acorner? According to a generally-accepted rule of thumb, an economysupposedly revives six to nine months after the stock market in thatcountry bottoms out. This happened on March 9 this year when theSensex reached 8,160 points but ...
Live TV in your car ; With election season in full swing, how would our politicians, used to creature comforts, keep up with the news from their election wagon or rath ?
May 03, 2009; ... With election season in full swing, how would our politicians,used to creature comforts, keep up with the news from their electionwagon or rath ? Dish TV, India's largest Direct-To-Home satellite TV provider,has now launched a system by which any car can be retrofitted with ...
Instan tip ; The fortnight's burning question is will the stock market buoyancy last?
May 03, 2009; ... Will the stock market buoyancy last? Yes. Sandeep Shenoy, Strategist, PINC Research The markets arecurrently in the bounce-back mode. There is still some potential formarkets to go up further. Because of the good liquidity condition,the returns will remain positive till the ...
Are you losing the good people? ; The often unseen cost of attrition, voluntary and involuntary, can be staggering for organisations. Here's your primer on good and bad leavers.
May 03, 2009 ... An attrition study now? With companies desperate to cut headcount costs in any case?Right. Attrition cuts both ways, even in a downturn. While downturnscan spawn lean and mean organisations, no company would like itsbest talent to walk away at any time, least of all when they ...
Oxygen for fertiliser industry ; The commencement of gas supply from RIL's finds is set to re- energise India's fertiliser industry, hitherto hobbled by costly feedstock and subsidies.
May 03, 2009; ... On April 1, big announcements tend to be taken with a smidgen ofsalt. This, however, was no prank. On the east coast, in a smallvillage called Gadimoga in Andhra Pradesh, an event that seems setto propel India into the big league in terms of energy security wasbeginning to play out ....
The ultimate storage device ; With a capacity to store 16,000 songs or 70 DVD quality movies,SanDisk's new flash drive is an alluring monster.
May 03, 2009; ... In 1999, the typical personal computer came with four to fivegigabytes (GB) of storage. If you crammed every nook and cranny ofthe disc with MP3 music files (which one might recall, was quite therage back then), you could, theoretically, fill your disc with 1,000songs. But since your ...
Bowled over ; Few know of his passion for cricket, but 42-year-old Ajay Bijli, CMD, PVR, is doing everything to offer a sporting experience in whatever form.
May 03, 2009; ... Bowled Over Few know of his passion for cricket, but 42-year-old Ajay Bijli,CMD, PVR, is doing everything to offer a sporting experience inwhatever form. As part of a joint venture with Thailand-based MajorCineplexes, he's launched BluO, which he claims is the largestbowling ...
Pulling out of the debt trap ; The financial slowdown has set back many households on their debt repayments. BT examines some of the options and how you can bridge the gap.
May 03, 2009; ... Delhi-based Anuradha Saikia (Name changed) was working asAssistant Manager (marketing) in a big export house with an annualincome of Rs 7 lakh. Two years ago, Saikia, 32, took a car loan ofRs 5 lakh and used multiple credit cards to buy consumer goods tolive a lavish life and accumulated ...
A safe badla? ; A SEBI committee moots physical settlement in derivatives. But the markets may not be ready for the transition yet.
May 03, 2009; ... Derivatives trading has been an unqualified success story in theIndian equity markets. Launched in June 2000 with the introductionof index futures, over the years the market has grown in size andscale. The volumes have soared and on most days are three-to-fourtimes that of the underlying ...
Grounded ; Can the credibility and the prospects of the Maytas companies improve if Ramalinga Raju's sons continue to be at the helm of their operations?
May 03, 2009; ... The last project bagged by Maytas Infra, the projects company ofthe scandal-tainted Raju family, was a Rs 110-crore order fromSouthern Railways. The project was announced on January 6, a daybefore B. Ramalinga Raju sent out his letter to the board of SatyamComputer Services, confessing ...
The real cost of populism ; Political parties have made tall promises in their manifestos, unmindful of the high cost of fulfilling them that will be borne by the very same voters who are supposed to be lured by the promises.
May 03, 2009; ... Fidel Castro would feel at home in India today. Across thepolitical terrain, prominent parties have launched stridentlypopulist manifestos leading up to the general elections from handingout cheap food grains to farmers' loan waivers in order to lureIndia's large, underprivileged vote ...
Does KYC = Kick Your Customer? ; 'Know Your Customer' (KYC) was an initiative meant to curb the misuse of funds. Instead, it is keeping large numbers out of the banking system and impeding business activity.
May 03, 2009; ... Gurgaon-based Harishankar Diwakar has been working as anassociate with Bio-Rad Laboratories for the last four years. Despitehaving 10 years of work experience, Diwakar, 42, hasn't been able toopen a bank account. HDFC Bank, for instance, has refused him anaccount for lack of an ID proof ...
Jobs shrink some more ; IT, ITES worst-hit; Healthcare and Pharma in welcome uptick.
May 03, 2009 ... If you were hoping that the new financial year would spawn anupturn in hiring intentions of India Inc., that has not come about.What's more, the hard times have gotten harder. At least this iswhat the BT-TeamLease Employment Outlook Survey of 493 companies forthe April to June 2009 ...
Games Indians play ; Burgeoning internet usage in india is giving a fillip to the online gaming industry as well.
May 03, 2009; ... The world of online gaming is changing and how! Not so long agoit was restricted to only a few broad categories action, sports,puzzles and adventure games. Today, that universe is rapidlyexpanding as the gaming industry in India gradually evolves. SaysAlok Kejriwal, Cofounder & CEO, ...
'Asia needs to change its growth model' ; Stephen Roach, Chairman, Morgan Stanley Asia, is widely recognised as one of the most seasoned economists in the world. Known for his bearish forecasts, Roach's research covers a broad range of topics, with particular emphasis on globalisation and the emergence of China.
May 03, 2009; ... Stephen Roach, Chairman, Morgan Stanley Asia, is widelyrecognised as one of the most seasoned economists in the world.Known for his bearish forecasts, Roach's research covers a broadrange of topics, with particular emphasis on globalisation and theemergence of China. Roach, who has been ...
K Sera sera ; For three decades, the three Ks Kothari, Kampani and Kotak ruled The Street. Today, Kothari has hung up his gloves, Kampani is in the eye of a storm and Kotak is building a bank ending an era of home-grown dealmakers.
May 03, 2009; ... A former banker with ICICI Securities (I-Sec) recollects how, onmore than one occasion, his team was in grave danger of losing amandate because the corporate honchos they would meet all had asingular gripe. You guys are good but you don't have a K factor inyour firm, they would shrug ....
From rivals to partners ; A book on India and China and not on India vs China that is practical and incisive.
May 03, 2009; ... When talking about the two greatest growth stories in the worldtoday, the question is not whether one should invest in China orIndia. Instead, the answer is that one should invest in both. No,this is not the recommendation of a two-handed economist. Rather,the likely profitability of ...
Hard abs, one simple move ; Why is the abdominal crunch the most popular abs exercise ever? The answer: 'Coz it's easy! Unfortunately, it's hardly as effective as it's touted to be!
May 03, 2009; ... Pop quiz: Why is the abdominal crunch the most popular absexercise ever? The answer: 'Coz it's easy! Unfortunately, it'shardly as effective as it's touted to be! Men's Health experts believe that the hanging leg raise is thegold standard for all abdominal exercises. It works like ...
World Wide Worm ; The slowdown is fuelling the explosive growth of malware or malicious software and both India Inc. and Indian consumers are in the firing line.
May 03, 2009; ... In September 2007, Russian hackers wormed their way into Bank ofIndia's website and converted it into a minefield of nearly twodozen different malicious software tools that took over thecomputers of unsuspecting browsers. This brazen attack also broughtthe bank's website ...
Here comes the sun ; Solar power goes megawatt, as promoters rush to tap government incentives.
May 03, 2009; ... When West Bengal Green Energy Development Corporation commissionsits 2 MW photovoltaic (PV) solar power plant at Jamuria near Asansolin April-May, it will leave an indelible mark on India's renewableenergy sector for more than one reason. One: it is going to be thecountry's largest solar ...
The regional rush ; The regional film industry is set to get a corporate makeover with the entry of big production houses.
May 03, 2009; ... Impressed by the likes of the Marathi film Shwaas, which wasnominated for the Oscars or the global success of the Tamil filmSivaji: the Boss or Bhojpuri films routinely eclipsing Bollywood,many Bollywood barons are looking to hit pay dirt in the bigger anddiversified regional film space ....
The coming grain glut ; From shortage to surplus bordering on glut government actions and policies yet again play havoc with India's food grain economy.
May 03, 2009; ... As on April 1, The Food Corporation of India (FCI) was sitting oncombined wheat and rice stocks of more than 35 million tonnes wellin excess of buffer or strategic reserve requirements. Worse, it isreadying to buy around 20-24 million tonnes of wheat by May end. So,why is the FCI ...
Google's new search ; The Internet giant wants to leverage its India R&D teams to explore new growth avenues.
May 03, 2009; ... Every evening over the last 12 months, 26-year-old technologyconsultant Sanyam Jain went around the thoroughfares and bylanes ofGreater Noida, a Uttar Pradesh town bordering Delhi. As he walked,Jain made note of the photocopy shops, restaurants and supermarketsthat he had seen and later, ...
Banking on India ; While financial services giants have posted huge losses overseas, they are either making substantial profits or planning ambitious expansions in India.
May 03, 2009; ... Last year marked the most disastrous period for financialinstitutions in history. The subprime crisis not only felled blue-chip firms such as Lehman Brothers but caused staggering losses forothers such as AIG and Citigroup. Then came the economic slowdown.Now, banks in Europe and the US ...
Jeez, it's cheese ; Top quality Italian cheese is being produced in rural Haryana and Himachal Pradesh. Tejeesh N.S. Behl feeds on mozzarella, scamorza and other varieties to unravel the secret of this success.
May 03, 2009; ... The invite was intriguing. Would we like to try out authenticItalian cheese made in our own backyard in Himachal Pradesh andHaryana? So, a week later we find ourselves seated opposite the 27-year-old Italian, Giuseppe Mozzillo, COO, Exito Gourmet, as heslices a piece of freshly-packed ...
The next 400 million ; Though voice still remains the money spinner, telecom operators and handset makers are betting big on services to acquire the next 400 million customers. Kushan Mitra goes into the details.
May 03, 2009; ... Sitting in a small room, 250 km from Pune in the heart of ruralMaharashtra, farmer Satish Jagtap swears by the daily price andweather updates that he gets from Nokia's new MajhaNokia service. Itsaves him time and money. But can he rely on those numbers? I trustthe brand. Nokia is the ...
The crown jewel ; Nokia's success in India is not restricted to the market it has set up a world-class production facility, too.
May 03, 2009; ... Just past the 17 rows of machines that build the printed circuitboards (PCBs) and affix microphones, speakers and cameras into asteady stream of mobile handsets, a crude cardboard instrumentresembling a clock catches your eye. It's the most low-tech thing atNokia's manufacturing facility ...
India epicentre ; The handset manufacturing leviathan is innovating for India and from India.
May 03, 2009; ... You walk into a party or a meeting and your handset uses aspecial service to tap social networks and identify the people. Youare in command of the conversation. Talk flows ... Besieged bycompetition, Nokia India must be wishing this device now in theworks works for it as well. The Indian ...
The new boys of telecom ; A clutch of new players is marking its presence in the crowded telecom space all dreaming of getting blockbuster user bases.
May 03, 2009; ... It's a dog-fight in the making, and one that will, in allprobability, end in a whirlwind of consolidation. But that's in thefuture. For now, each of the new telecom service providers enteringIndia's burgeoning market has dreams of getting blockbuster userbases. The current ...
Global downturn? ; While the Indian mobile market grows at a furious pace, the global market for handsets isn't faring too well.
May 03, 2009; ... Global mobile device sales climbed 6 per cent in 2008, theslowest in over a decade, even though 1.2 billion handsets were soldin 2008. In the last quarter of 2008, shipments of handsets globallyactually declined 5 per cent to 314.7 million from 330 million inthe previous year. Even ...
Broadband bet ; Qualcomm is betting on its Kayak phonecum-computer device and Snapdragon chip to engineer a broadband revolution In India. Will it work?
May 03, 2009; ... In a couple of months, a diverse group of senior citizens,professionals and students across India's hinterland will beroadtesting a Qualcomm device, the Kayak. The machine, whichcombines wireless broadband access with a personal computer (PC)processor, may hold the key to Qualcomm's aim ...
Heady brew ; The success of Tata Tea's Jaago Re campaign may inspire many more companies to elevate their advertising to an intellectual plane.
May 03, 2009; ... In June 2007, Tata Tea became the world's largest tea vendor byvolume and decided to leverage its new position to point advertisingin this market in a new direction. Rather than promote its brand onthe physical and mental platforms of taste, energy and strength, thecompany decided to ...
To be precise ; In life, there are no guarantees, and in economics, there are no guarantees. I have no doubt, though, that the steps that have been taken are critical to preventing us sliding into a depression. Whether they're sufficient, we've got to wait and see, says Barack Obama, US President.
May 03, 2009 ... In life, there are no guarantees, and in economics, there are noguarantees. I have no doubt, though, that the steps that have beentaken are critical to preventing us sliding into a depression.Whether they're sufficient, we've got to wait and see Barack Obama, US President, at the ...
Leading from the front ; Nusli Wadia is still fighting his battles and emerging stronger from them. His latest victory, after three years of sparring: a separation from French major Groupe Danone, which had a 25.48 per cent stake in foods major Britainnia, with Wadia holding another 25.48 per cent. Wadia now has sole control over Britannia.
May 03, 2009 ... Nusli Wadia is still fighting his battles and emerging strongerfrom them. His latest victory, after three years of sparring: aseparation from French major Groupe Danone, which had a 25.48 percent stake in foods major Britainnia, with Wadia holding another25.48 per cent. Wadia now has ...
Back to basics ; Slowdown is a time to refrain from the adventurous and return to the safe, tried and tested. Here's a walk through what's once again in flavour and what's gone out the window.
May 17, 2009; ... Last week, Neleema Shah was frantically searching her cupboardfor a 5 gram gold coin worth Rs 7,000 that her husband had giftedher on her 35th birthday last year. Sulking at not gettingjewellery, she had tossed the coin into a deep corner. Now, anewspaper article about gold's surge had ...
Gems not desired ; The annual performance report by the Gem and Jewellery Export Promotion Council shows that the second half of the year saw a decline of 18.88 per cent in export earnings.
May 17, 2009 ... Just how badly hit has been the export earnings of the gem andjewellery sector, is becoming evident. The annual performance reportby the Gem and Jewellery Export Promotion Council shows that thesecond half of the year saw a decline of 18.88 per cent in exportearnings, though, overall ...
How fit are you? Find out! ; In order to help you find out where you stand accurately, Men's Health experts have put together the following test which will assess your baseline fitness based on five fundamentals.
May 17, 2009; ... OK. So you've been following Treadmill for a few years now. Youmay not be able to claim 100 per cent attendance for any gymmembership. But you're aware of your fitness levels and feel more inshape than most people around you. Here's a newsflash: you may behorribly wrong! In order to help ...
Noted ; Appointed: Naina Lal Kidwai, who was until now the CEO of HSBC in India, as the country head and chairperson of all HSBC Group companies in India.
May 17, 2009 ... Appointed: Naina Lal Kidwai, who was until now the CEO of HSBC inIndia, as the country head and chairperson of all HSBC Groupcompanies in India. Stuart Davis, who was till now CEO of HSBC BankAustralia Ltd., is the new CEO of HSBC Bank in India. Ordered: The beleaguered retail ...
Goodwill risk for Indian companies ; As various company boards meet to finish their audited accounts, three items are definitely going to be on their agenda apart from the financial results: foreign exchange losses, derivatives losses and impairment of assets (or goodwill).
May 17, 2009; ... As various company boards meet to finish their audited accounts,three items are definitely going to be on their agenda apart fromthe financial results: foreign exchange losses, derivatives lossesand impairment of assets (or goodwill). The last mentioned issomething that firms are wary of ...
To be precise ; In any competitive environment, there will be some who excel and some who do not. There will always be winners and losers. It is not a reflection of how they (employees who have been asked to leave on the basis of their performance) will do in another company or in future.
May 17, 2009 ... In any competitive environment, there will be some who excel andsome who do not. There will always be winners and losers. It is nota reflection of how they (employees who have been asked to leave onthe basis of their performance) will do in another company or infuture S ....
Fan loyalty measured ; A study by Dentsu Sports, a division of Dentsu, says there are four factors that help people decide team loyalties: Human factor (HF), Perceived Energy (PE), Performance and Engagement.
May 17, 2009 ... Is there a way to quantify fan loyalty to understand how to useit to maximise profits for your IPL team? Apparently, there is. Astudy by Dentsu Sports, a division of Dentsu, says there are fourfactors that help people decide team loyalties: Human factor (HF),Perceived Energy (PE), ...
Tracking youth behaviour ; They're smitten by the Internet and mobile phones. But young Indians also read newspapers and play cricket, finds a study.
May 17, 2009; ... Sure youngsters spend a lot of time surfing the net or on gamingconsoles. But websites and mobile service providers aren't the onlyones making money thanks to the lifestyle of young Indians. A survey by communication specialist Dentsu India reveals that atleast 85 per cent of ...
Numbers of note ; $744,000(Rs 3.72 cr): Money donated by producers of Oscar-winning movie Slumdog Millionaire for providing education, health, water and sanitation needs, besides protection of the kids living in a central Mumbai slum
May 17, 2009 ... $744,000(Rs 3.72 cr): Money donated by producers of Oscar-winning movie Slumdog Millionaire for providing education, health,water and sanitation needs, besides protection of the kids living ina central Mumbai slum $7.4 billion (Rs 37,000 cr): Amount paid by Oracle Corp ....
70 per cent below target ; The power ministry has missed its capacity addition targets for the second year in a row.
May 17, 2009; ... The UPA government is leaving office with a dismal record in thepower sector. Out of the targeted 11,061 MW capacity addition for2008-09, only 3,453 MW or 31.2 per cent has been achieved. This isan even poorer performance than the previous year, when it met 56per cent of the target ....
India Inc. gears up for new accounting standards ; Most Indian firms are confident of meeting the 2011 IFRS deadline, though some problems remain, finds an Ernst & Young survey.
May 17, 2009; ... Indian companies are keen to adher to strict global accountingstandards for the preparation of financial statements. Ernst &Young's 2009 International Financial Reporting Standards (IFRS)Readiness Survey has found that 79 per cent of the firms polledexpect the new accounting standards to ...
Widgets on your TV? ; Adobe has devised a system by which you can check out your favourite online content while watching TV.
May 17, 2009; ... What is it? Adobe has devised a system by which you can check outyour favourite online content while watching TV. Why? The latest television sets (see Printed Circuit, page 113)come with Internet support and can show snippets of the online worldalready. Adobe wants to take it a ...
The end of rate cuts? ; The RBI has announced another round of rate cuts but banks are not following suit in bringing down lending rates.
May 17, 2009; ... The Reserve Bank of India has finally brought down the repo andreverse repo rates. However, banks are still holding out and are yetto reduce their lending rates in tune with the RBI initiatives. Therepo and reverse repo rate will now be 4.75 per cent and 3.25 percent, respectively ....
'800 GW Power Capacity by 2032' ; Philippe Guillemot, Chairman and CEO of Areva, T&D, a global power transmission and distribution giant, spoke to BT's Rahul Sachitanand.
May 17, 2009; ... Philippe Guillemot, Chairman and CEO of Areva, T & D, a globalpower transmission and distribution giant, spoke to BT's RahulSachitanand. Excerpts: Why have you invested in new factories in India? When you look at power generation in India, it is 140 gigawatts(GW) today and ...
FDI's steady march ; While global giants such as China have seen a drop in FDI, foreign firms continue to plough money into India.
May 17, 2009; ... The last six months have been disastrous for global economies.Most countries especially developed industrialised ones are expectedto see their GDP growths shrink to between 0.5 and 1.0 per cent, thefirst such drop since World War II. While India is no exception itseconomy is expected to ...
Instant tip ; The fortnight's burning question. Will we see a further slashing of interest rates by the RBI in the short term?
May 17, 2009; ... The fortnight's burning question. Will we see a further slashingof interest rates by the RBI in the short term? Yes. Amit Mitra, Secretary General, FICCI There is an urgent need to support industrial growth at thisstage and the RBI has done well by easing the monetary policy ....
Campus interview? No Thanks! ; A downturn augurs well for start-ups, and a number of engineering and B-school graduates are grabbing this opportunity.
May 17, 2009; ... Deepesh Agarwal (30), Sunil Kaura (27) and Ankur Arora (26) havejust graduated from Indian School of Business (ISB). This trio willgo on to do something pretty different from what most of theirclassmates will opt for. They will soon be starting a business oftheir own. Agarwal intends to ...
Greenhorn entrepreneurs ; Stifled by a lack of growth and frozen hikes, many youngsters have turned entrepreneurs. While talent and real estate are going cheap, funding is scarce and gun-shy investors are taking longer to firm up their plans. Will these greenhorn entrepreneurs survive?
May 17, 2009; ... In December 2008, serial entrepreneur and coveted angel investorKanwal Rekhi, Founder, Excelan and The Indus Entrepreneurs (TiE),and (more recently) Inventus Capital, held a mentoring session inBangalore. The event, organised by TiE as part of itsEntrepreneurship Summit in India's IT ...
India cheerleader ; Renault's first employee in the country is going it alone after learning most of the tricks of the trade.
May 17, 2009 ... He calls India a 'Hurdle Marathon' there's always a new one todeal with every day. His favourite word in Hindi? Jugaad, which canbe loosely translated as a creative way to get around obstacles.Sylvain Bilaine, who recently resigned as MD of Renault India, hasseen it all the Indian ...
Follow the leader ; Ravi Sharma to MNCs: Hold my hand and I will show you the way to do business.
May 17, 2009 ... There are not many countries in which an MNC pays a hefty premiumjust to secure a licence to do business. It happens in India. Justtwo examples: Telenor of Norway paid a premium of over a billiondollars to realty firm Unitech for a 60 per cent stake in itstelecom arm. Unitech had paid Rs ...
Relationship manager ; Mitra sees a business opportunity in improving interpersonal relationships at organisations.
May 17, 2009 ... The obvious option for a start-up for Chandradeep Mitra wouldhave been an advertising hot-shop. After all, that's a sector inwhich he's worked for almost two decades. But this IIM Calcuttaalumnus reckoned that it was time to push the envelope. I feel thereis a greater social need and ...
Healing touch ; Deepak Ghaisas sees a future and a business model in personalised medicine.
May 17, 2009 ... He's a Chartered Accountant who spent two decades in the ITsector, sat on the board of a pharmaceutical company and is, forgood measure, married to a woman who's passionate about genetics.Net result? A former CEO moves on to become a biotech entrepreneur. For Deepak Ghaisas, 51, ...
A break with the future? ; Partho Dasgupta flags off his own vehicle to ride on media opportunities in the consumption sector.
May 17, 2009 ... What's in a name not as much as there is in an idea, bank-rolling it and eventually executing it, at least as far as start-ups go. Yet, the christening exercise often sets the tone of theventure and outlines an entrepreneur's vision. In the case of ParthoDasgupta's Aurora Comms, the name ...