Cover Story
- Misgovernance, slowing investments and rising capital costs threaten the India decade. Unless New Delhi acts decisively, sustaining the economic growth rate will be a big challenge.
- After the central bank announced its third quarter review of monetary policy on January 25, Deputy Governor Subir Gokarn spoke with BT about the changed scenario for the economy and the RBI's outlook.
- After a heady 2010, the bulls are on the backfoot in the New Year and the bears are on the prowl. Macroeconomic headwinds and a paralysis in governance could keep the bulls away.
Leaderspeak with Subash Menon
Founder, Chairman, MD and CEO of Subex Ltd Subash Menon talks about what works for him.
A yardstick for management ability
There is a leadership deficit on vision and people in India, says a new index.
How ideas create professions
The book is a well-written account of the emergence of strategy consultants, says Arun Maira.
Missionary zeal
After signing on half a million rickshawpullers, Irfan Alam's SammaaN moves to a for-profit model. The London-headquartered group recognises the need to step up its pace in India but the brothers have still to take the bit between their teeth. Mobile number portability may trigger a fresh tariff war. Wipro Chairman Azim Premji gets cracking as his leaders miss the mark - for the fourth time. Having junked the joint CEO model, Premji hopes a single person in charge can spark Wipro's revival. Bangalore Metropolitan Transport Corporation (BMTC) is today a role model for the sector. The once-rickety bus operator has been raking in profits, in stark contrast to the bus services in other cities.Say hello to fast moving pharma
FMCG companies are tapping opportunities in the growing consumer healthcare market, one of the many categories that blur the distinction between fast-moving consumer goods and pharmaceuticals. eBay founder Pierre Omidyar views his philanthropic investments through the bi-focals of for-profit and sustainability, an idea that seems compelling. Normal 0 false false false MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} Sanjay Dangi shot into the limelight on the Street when he took a long bet on the futures of Ackruti City. In 52 trading days, by mid-March 2009, the Ackruti stock galloped 250 per cent - during a period when the Sensex fell by 10 per cent. Can Dangi, whose wings have been clipped by the market regulator, come back on Dalal Street? After adding a million users a month last year, Facebook logs in to mobile and local languages to spread its reach. The state domestic product, or SDP, has expanded at a modest 5.5 per cent over the last ten years, making it an underperformer compared to other big states such as Andhra Pradesh, Gujarat and Tamil Nadu. But with elections around the corner, hope reignites in West Bengal, an economy most had written off. Normal 0 false false false MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} Cosmetic surgery is on the rise in a newly-emboldened, go-getter India. Spurred by plain vanity or the need for instant fixes for problems such as obesity, cities across India are seeing a steady rise in cosmetic procedures. The London-headquartered group recognises the need to step up its pace in India but the brothers have still to take the bit between their teeth.
Happy Valley
It has been a season of new beginnings for the Business Today-Honda Pro-Am of Champions, now in its 16th year.
Struggling to retain retail investors
The mutual fund industry is witnessing an exodus of investors, but it has not been able to come up with a definite plan to stop the outflow.
High on cricket
Buoyed by cricket gear sales, SG pads up to open its innings in the sports apparel and footwear arena. AICTE fiat sets the clock back on B-schools
AICTE controls have only facilitated the mushrooming of dubious management institutes, strangulating the growth of good ones in the process. Reader's forum
The transition from a student to a working professional is often the most difficult situation. The Best Companies to Work For (BT cover, February 6) has provided freshers like me an insight into the flurry of thoughts that flood one's mind before taking up the right job Etcetera
India is planning to come up with its first commercial-scale tidal power station off the Gujarat coast, according to a recent BBC report.We seek growth in BRIC nations: Joe Kaeser
Joe Kaeser, CFO of the German engineering conglomerate Siemens, was in Mumbai recently to fine-tune the company's India strategy. He spoke to BT's Suman Layak.India can be an export hub: Ronald 'ron' Defeo
Ronald 'ron' Defeo, Chairman and Chief Executive of Terex, the $4.5-billion construction equipment giant, visited India recently. He took time out for an interaction with BT's Rahul Sachitanand in between meetings with clients. he challenges remain the same for mid-size IT companies. Infosys and TCS continue to be the IT bellwether stocks on Dalal Street, with well spread out businesses geographically offering end-to-end solutions. The mid-size pack has a lot of catching up to do. A quick take on the Lavasa stand-off in five steps. There is mounting evidence to suggest that India's economic growth will be driven by our propensity to save, and consume. As you get bigger, you have to learn to delegate. It's also an excellent way to get staff involved in the company's operations, says Azim Premji.Should the government decontrol the prices of diesel, kerosene and LPG ?
The decision to decontrol petrol prices was a bold policy reform by the government. It substantially cut down the huge oil subsidy burden, helping oil companies reduce losses. iGate Corporation will snap up a 84 per cent stake in Patni Computer Systems for Rs 5,612 crore ($1.22 billion). A new way to buy software and who says cheap can't be cheerful? 5 million The number of motorcycles Honda plans to sell in India in five years. It will be nearly three times its current sales. The BSE could change the derivative landscape with the introduction of physical settlement. The government mulls FDI in multibrand retailing to rein in inflation.Find out the meaning of a new business word: Seagull Manager
What it means: A manager who interacts only when a problem arises, makes hasty decisions, and leaves behind a mess to be cleared by others. There was a compelling argument for setting up the FSDC despite reservations among regulatory bodies like the RBI or SEBI, says Vinod Dhall. From the Editor
Four weeks before the Finance Minister presents his annual Budget, we take stock of the macroeconomy.
