Cover Story
- The exit of Vijay Mallya has finally given Diageo true control over United Spirits, at a much higher cost than originally estimated.
- What next for Vijay Mallya?
Indian food, modern twist
Tashan, in the Greater Kailash 2, M Block market, is above all else, unpretentious. The food though is memorable and it is one of those restaurants that have a lot of heart in them.Food review: Odeon Social, Connaught Place
The dum aloo which is a puff pastry stuffed with a spicy potato mix is a take on the humble aloo patty found across canteens in the country and failed to inspire. Number 8 is the kind of place you can happily visit with family members who never agree on where to dine as everyone will find something they like.
Reading the Tea Leaves
The Finance Commission's orders have led to a rise in the states' share of the Centre's revenue from 31 per cent in 2014/15 to 41 per cent in the 2016/17 Budget. The finance minister appears to have done an admirable job with limited resources, but a closer reading of the revenue estimates and expenditure plans has experts worried. Sure enough, the government's intent to revive the ailing rural and agro sectors to prop up domestic economic growth hit the right chords with the pundits, but soon, serious doubts were raised over the Centre's ability to implement its plans.Budget will revive investor confidence: Expert
The industry normally views the Budget as a key policy document that goes beyond numbers, and underlines the future political and economic priorities. Vulture funds - or funds specifically focused on distressed assets - aren't new to India, having been in the country since 2000/01, but the regulatory hurdle of not being permitted to repatriate funds saw many lose interest. For businesses, though, Reactions is a goldmine of user preferences and trend data. Now, on each post you make or via the page insights dashboard, you can see the breakdown of specific reactions of fans. C.K. Venkataraman, CEO, Jewellery at Titan Ltd., the largest organised sector and listed player in the segment, believes that declining prices of gold is actually an opportunity and sales volume is likely to get a boost because of this trend.Google India is 'Best Company to Work For'
Accenture and TCS came close in the 14th edition of the "Best Companies to Work For" survey, which recognised 25 winners from various industry sectors.'India is a more attractive healthcare market than China'
Vincent A. Forlenza, the Chairman, CEO and President of US-based Becton, Dickinson and Company (BD), talks on the evolving nature of the $20-billion medication management industry. The Union Budget has over the years tried to give an impetus to the economy. In this earnest book, the author presents a convincing case for gold by highlighting its historical, emotional, religious and economic significance."We have co-opted the disruptive tools in the delivery models"
WNS Global Services group CEO Keshav R. Murugesh explains to Rajeev Dubey why, despite similarities between BPM and IT services, never the twain shall meet. Women's Empowerment Principles Annual Event to be held on March 15-16 in New York. PepsiCo India will be associated with cricket, but may not return to IPL as title sponsor, says D. Sivakumar, PepsiCo India Chairman.
The Google Tax
The Centre's decision to levy tax on cross-border digital transactions will burden the small advertiser. FIIs are likely to migrate to IFSC because, besides the tax benefits, financial transactions there will happen in foreign currencies, eliminating their average loss of 5-6 per cent every year due to rupee depreciation. While the charges being levelled against Indian tyres in the US are similar to those being raised against Chinese tyres in India, domestic companies fear their recent and forthcoming investments may be jeopardised by the Chinese onslaught.The Great Indian Skilling Challenge
Skill India is a major part of the Prime Minister's Make in India programme, because without quality labour, one cannot make anything. The FM has set aside Rs 1,700 crore in the 2016/17 budget in order to set up 1,500 PMKVY Multi Skill Training Institutes around the country. Despite opacity around the use of funds, the Centre introduces two new cesses in Budget 2016.
Need to Catalyse the Rural Sector
It was expected that the Union Budget this year will highlight issues relating to agriculture and rural sectors than on other sectors of the economy.
Can He Walk the Talk?
Arun Jaitley has shown the right intent by focusing on the rural economy in his Budget, but appears to have failed to outline a clear roadmap for delivering on his promises. The Chairman of the $41-billion Aditya Birla Group, Kumar Mangalam Birla, recently entered into an agreement with Jaypee Group to acquire its 22.4 million tonnes of cement capacity assets.
Reality Check
Action against developers puts focus back on the state of the realty sector. The new law and Budget proposals may provide a way out of the mess.
Zooming Ahead
Asus Zenfone Zoom may be the only smartphone in the market with a 3x optical zoom that is worth buying.
Go Live!
Spurred by new-age apps and hardware, live video broadcasting has become the new language to communicate.
