Cover Story
- IT biggies, private banks and consulting firms sweep top notch talent at India's premier B-schools in 2010.
- Pay packets get fatter, but cease to matter. Grads choose long-term career over riches.
- After a tough year, IT companies return for engineering talent. PSUs continue strong.
- The class of 2009 at premier B-schools was in the right place, but at the wrong time. Are they going to be permanently behind in position and compensation? A year later, BT takes stock.
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From the Editor
In the last couple of months, some two lakh Indians have entered the job market for the first time in their lives.
Change and Thrive
Innovation (BT cover, May 30) reinforces the Schumpeterian truth of living in a competitive business environment in which companies need to innovate constantly if they have to succeed.
Converting a bad appraisal...
...Into a new beginning. Here's how you do it. Here is a take on people, places and products doing the rounds these days.
How high will the rupee rise?
In 2009-10, the Indian currency recorded the largest ever one-year appreciation in its history. Despite the recent bouts of depreciation, it is most likely to appreciate further in this fiscal year. Why? By how much? And what about volatility? BT invited two experts to answer these questions. After a 2004 buyout, IBM refrained from integrating Daksh into its fold letting it bloom on its own. Not only has the business grown ten-fold, Big Blue is now turning to the Indian outfit for its next big bet: Analytics.Daimler's made for India mission
The world's largest truck maker is leaving no stone unturned to make a mark in India, one of the toughest commercial vehicle markets.The Kamath ICICI Bank has to watch out for
Punjab National Bank, with K.R. Kamath at the helm, has come from behind to dethrone ICICI Bank from the #2 spot in Indian banking in terms of total business. The latter, however, claims it hasn't been displaced if you compare the two banks' total assets. For most of its 40 years, Lupin seemed to be just another Indian pharma company trying to make hay in the US generics market. Today, it is a global generics firm to reckon with, taking on giant Teva on the value-creation front. India's largest watchmaker was buffeted by the slowdown for the last two years. Now the company thinks it's back on track and plans to be a $2.5-billion firm by 2014. Here's how.
Enter the Android
Google's mobile operating system is winning new customers the world over. We are sold too.
Master your money
Rules tend to overlook the most important part of a financial plan-you. Learn how to customise your strategy according to your personality to increase its efficacy.
Leaderspeak: C.K. Ranganathan
Here are excerpts of a small Q&A with C.K. Ranganathan Chairman and MD, CavinKare
Making the 3G bounty count
The 3G auctions have swelled the government coffers by almost Rs 70,000 crore. BT asks a few economists to give their wishlists on how best the government can use this windfall without frittering it away on wasteful expenditure. Capacity addition during the 11th Plan improves significantly.PIIGS can't fly but FII bucks sure can
The European crisis and its subsequent management will hit inflows from the FIIs, but only in the near term. J.S. Sarma, the low profile 61-year-old Chairman of the Telecom Regulatory Authority of India (TRAI), was a much-talked about man last fortnight. Qoutes that mattered in the last fortnight.The big battle for the small car
It's an inverse equation: Small wheels, big volumes. If you're in, consolidate. If you aren't, get in as fast as possible.Whatever happened to Ram Mynampati?
One-and-a-half years after Satyam founder Ramalinga Raju's I-cooked-the books e-mail landed up in the inboxes of Satyam's board members, the man is yet to be sentenced. It's time for another quintessential Indian invention to get western recognition. Cognac is to brandy what Bentley is to upper crust cars. But the French want their cut of this expensive brew. We try out a slab of aluminium that is also a phone and a brilliant new portable drive."Markets have exaggerated Europe's problems"
In a candid interaction with Rajiv Bhuva, Peter Sands shared his thoughts on the global developments and the bank's experience through the turbulence. PE firms Bain Capital and TPG Capital acquired an undisclosed stake in Lilliput Kidswear—manufacturer, retailer and exporter of children's apparel—for close to Rs 385 crore.
Demystifying cohorts
In 2010, IIM-A turned its placement system on its head. How well did the new cluster system work? BT gives you a first person account.A bittersweet employment market
Smart employers have decided to filter freshers for life skills- creativity, confidence, curiosity, learnability and teamwork- rather than technical skills.
India's top recruiters
Thirteen B-schools, 10 engineering colleges, 2,566 job offers. Who are the top 30 recruiters at the leading professional institutes in India?
Yash Birla goes to school
But education is just one of the new-age businesses that this flamboyant Birla scion has zeroed in on. With forays in sectors ranging from health care and wellness to solar power, the 43-year-old is out to prove that he means business. And yearns for growth."Manufacturing is our tradition, but services is the future"
BT met Yashovardhan Birla to discuss his business moves and the future for his business inheritance.
Interesting, but incomplete
The book, Beating the Commodity Trap, addresses a key problem in modern business, but the solutions are oversimplified.
A new old fabric
An ancient town weaves technology into tradition to give the Chanderi fabric a new future.