Rain Cheer
The country is expected to have a normal monsoon for the third consecutive year. This is good news for the economy and the farming sector Indian pharma is on edge with an expected pharma pricing overhaul, but nothing is known yet on the shape of things to come. After the early hiccups in implementing the Goods and Services Tax (GST), the new indirect tax regime has graduated to new levels of complexities - interpretation of the law.Low-cost Long-haul Flights Soon
The domestic aviation sector seems to be rushing to begin long-haul international flights. The government's bailout package for sugarcane farmers is a disappointing short-term measure. It came right after the BJP's defeat in the Kairana Lok Sabha bypoll in Uttar Pradesh. According to a recent report by brand valuation company, Brand Finance, the brand value of IPL has increased by 37 per cent to $5.3 billion in 2018. India's insistence on using artificial intelligence (AI) as an application, rather than budgeting for AI advancement technology, could well mean that the country will be left behind in another key sector. The government should allow private companies to set up schools. What Facebook's entry into the dating space means for other players.Custom Software Built on Assembly Line
The man-machine collaborative platform offers a build-insure-operate model for SMBs. facing heat for its failure to cope with increasing crude oil prices, the government finally has some respite in the form of its GST collections for April. The government has given its nod to a new category of vehicles called quadricycles that will finally see homegrown auto major Bajaj Auto's Qute hit the road in India. RBI has signalled the end of soft interest rates. This will impact capex and economic recovery.
Cinematic Thrills
How to get the perfect surround sound, theatre experience in your living room. A thought-provoking book that will compel HR leaders to revisit the way talent is managed. The latest from the world of luxury. As smart hotel rooms promise to offer utmost convenience, privacy will become elusive. Augmented reality is set to take the tech world by storm in the wake of new announcements from Apple and Google.
"GST has been good for the compliant textile players"
In a freewheeling interview with Prosenjit Datta, he talks about how GST has helped his textile business, the philosophy behind the brand strategy, why he did not diversify into newer areas, the future of textiles and the Arvind Group, and finally, what he sees as the role of the promoter of a business vis-a-vis the role of professionals. Delhi HC denying Monsanto's patent right over a gm cotton seed has triggered a debate on the path ahead for innovation-led seed companies. Tuticorin is just one of the many instances of alleged environmental law violation by the group. The scale of value destruction in the telecom sector has been huge. Only sensible policies and practices can save it now. The bankruptcy proceedings would force Indian banks to book heavy losses. They are now focussed on mini- mising the damage He has been buying stressed assets across the world for the last five years. Now NRI Sanjeev Gupta has turned to India. Who is this man and will he succeed?
Operation Cleanup
While the focus on renewable energy has helped, it's time to tackle air and water pollution in a big way. Indian solar equipment makers are being squeezed out of the market by global players. With the Cabinet approving the National Policy on Biofuels, there is renewed hope for a cleaner environment in the not-too-distant future. India will need a bouquet of technologies and fuel diversity to make growth sustainable. The uses of plastic are manifold, but as it is almost indestructible, it is time to find ways to get rid of it.
Leaderspeak
"We're here because others trusted us. Give the team the liberty to work independently and learn from mistakes."
Stocking Up
Warehouses lack the sex appeal of the slick, consumer-facing showrooms, though, they are probably as important, if not even more, for any consumer products company that wants to win in the marketplace.
