Cover Story
- Fixing the Indian Railways won't be easy. It connects the entire country through 68,525 km of route track (in 2014), 12,961 passenger trains, and 8,637 freight trains. It also runs 125 hospitals, 586 polyclinics, 102 schools and sundry other initiatives.
- India under Railway Minister Suresh Prabhu is not alone in reforming its mammoth Railways.
Shanghai Surprise
The fact that the $8-billion Fosun Group was keen on the US market makes the deal special, given that 62 per cent of Gland Pharma's revenues of $169 million in 2015 came from the US, compared to 16 per cent from India and the rest from other geographies. The gravity of the situation can be gauged from the fact that at the end of 2014/15, the amount stuck in different tax disputes (direct and indirect taxes) at different levels of adjudication and appeals were worth Rs 7.7 lakh crore. Of these, disputes related to direct taxes alone accounted for Rs 6.15 lakh crore.InMobi's Trials and Tribulations
InMobi, India's first billion-dollar-valuation start-up, is finding it difficult to raise funds and survive independently."We will be profitable in the next three months"
InMobi Co-founder Abhay Singhal has the unenviable task of being the company's chief revenue officer at a time when it is struggling to cut losses and raise money. Singhal spoke with Venkatesha Babu. The ugly spat between McDonalds and Vikram Bakshi, its estranged partner, is taking a toll on the brands fortunes in India with competition fast catching up.
Racing Ahead
Five of the top 10 bestselling passenger car models of 2016/17 are UVs - Hyundai Creta, Toyota Innova Crysta and Maruti Vitara Brezza. The achievement is all the more impressive since auto sales have been tepid for a number of years."We are seeing interest from companies across the board"
"We will ensure that the company which approaches us first for exploration does not lose out. I'm unable to outline any structure at this stage, because we are working on the legality of various options, says Atanu Chakraborty, Director General of Hydrocarbons (DGH).'People are trying to sell climate change as a business opportunity'
Acclaimed Indian novelist Amitav Ghosh talks about the vulnerability of the Asian region, its under-preparedness to deal with climate change, and the need to bring these issues to the fore.Railways slipping into a financial morass and terminal debt trap
Overall, all vital operating parameters of Railways are flashing red, and it is sinking deeper and deeper into a financial morass and terminal debt trap. This neatly designed headphone has essential controls such as Bluetooth mode toggle, volume control buttons and a larger multi-functional button for play/ pause, answering calls and initiating voice commands. The Rajya Sabha has passed the GST bill, paving the way for turning India into a common market. we tell you how the new system will impact companies as well as individuals FIBAC 2016: New Horizons In Indian Banking on 16-17 August, Mumbai The book is a powerful reminder of the catastrophic implications of climate change that we have failed to grasp."Organisational restructuring will be the key to transformation"
Railways Minister Suresh Prabhu talks to Anilesh S Mahajan on delegation of power and how he plans to raise money for ambitious capex plans"24 per cent of learners in India are women"
Of the 20 million users of its massive open online courses (MOOCs), 1.6 million are Indians. Sonal Khetarpal talks to Julia Stiglitz, VP, Coursera, the world's largest online learning provider. Excerpts: A range of Bluetooth tags and GPS-enabled devices is making it impossible to lose things such as wallets, keys and luggage. Read on to know how to use them. Brands are now using image sharing platforms to woo consumers. True to its name, Health Care at Home brings hospital care, ranging from injection to chemotherapy, to your doorstep. The thriving business of sending promotional SMSes and mails means the menace is unlikely to vanish. Congress Vice-President Rahul Gandhi took a break from his power naps to attack PM Narendra Modi on rising prices of pulses in Lok Sabha
The Final Frontier
The tasks listed so far are the easier ones. The real challenge will be building a consensus on the model GST law and draft rules for Central GST, Integrated GST and State GST. Anandiben Patel may have paid the price for Gujarat's poor social development record under Narendra Modi. Under the new proposals the Centre could even order manufacturers to recall vehicles if customers complain of a safety defect. It is imperative to change the policy discourse from food security to nutrition security. A funding crunch has triggered a spate of M&As among India's consumer Internet companies this year.
Sweet Spot
Aasif & Hena have enough surplus to take care of future needs. All they have to do is tweak their investing strategy for meeting all goals, says SURESH SADAGOPAN, Certified Financial Planner
SIP BY SIP
We bring you five advantages of investing through systematic investment plans. Balanced funds have done exceptionally well over the years. Here's how you can benefit from them
Finding Mangoes Among Lemons in the IPO Market
Amid the ongoing IPO frenzy, here is a guide to help you pick the right one.5 Tips on Buying Gold Jewellery
The yellow metal has been a safe haven for most Indian families, but many have fallen victim due to fraud. It's time to take control of what you pay for.
Things To Learn About Education Loan
Education loan gives you the opportunity to pursue your dream education, but do a thorough due diligence on course, college and return on investment before going for it.
People Business
After over a decade of slow progress, hurdles and numerous efforts of different Union Finance Ministers, Arun Jaitley takes the credit for unveiling one of the biggest economic reforms
