The corporate governance imperative
Sir Adrian Cadbury was probably the first to enshrine the "Code of Best Practices for Corporate Governance" in 1992 at the behest of the London Stock Exchange. Rising liquidity in the system is not only fuelling inflationary pressures, but also creating monetary management problems for the central bank.No, sensex won't crash, it'll move sideways
For months now, pundits have been expecting the stock market to tank. And, if only to prove them wrong, the BSE Sensex has defied these predictions and hovered around the 14,000-mark for the last few months.Cell phone sales grow 50 per cent
Riding on an addition of 65 million to India's wireless subscriber base in 2006-07, mobile handsets clocked sales of Rs 21,434 crore in 2006-07, a growth of 50.3 per cent.Indian Immigrants: America's best 'Imports'
Immigrants are fuelling the creation and growth of hi-tech businesses in the US, with at least one foreign-born founder in a quarter of hi-tech firms started between 1995 and 2005.Inflation monster down, not out
Inflation may have cooled, to less than 5 per cent for the week ended May 26, down from over 6 per cent a few weeks ago, but the authorities are not taking it easy yet. As part of its strategy to combat rising prices, the government is now planning to permit cheaper imports.That India has an incredibly complex indirect tax structure is indisputable. Complicating matters is the dual VAT system currently in vogue, with taxes imposed at both central and state levels and the separation between VAT for goods and VAT for services. Three of Tamil Nadu's Top 20 engineering colleges have modified their placement systems to provide a slightly more level playing field for companies that may not be automatic first choices for students.It would not have been difficult for Chepuri Krishna, a student of IIM-Ahmedabad, to get a summer internship at any leading company. But unlike his peers, he chose to walk on a path that had never been explored before. $150 billion (Rs 6,15,000 crore) is what India will have to spend over the next seven-to-eight years to bridge the infrastructure deficit. For more on such interesting numbers read on.India's bane: Low productivity
Despite the steroid-charged 9.4 per cent growth in Indian GDP in 2006-07, the country still lags way behind other Asian economies in a crucial, even critical, parameter-labour productivity. Phil Hester, senior VP and chief Technology Officer of computer chip maker AMD, was in India recently. He spoke to Business Today's Rahul Sachitanand on the semiconductor market. Excerpts.India Inc.: Other income to the rescue
The overall optimism was kept alive by India Inc. which reported another good quarter ended June 2007. At first glance, the performance seems fantastic.Project managers in peak demand
India Inc. looks for versatile project executors.Tarun Sheth answers queries related to your career.A foggy castle in the toxic air
In all, Dharavi is spread across 223 hectares. If even a fifth of Dharavi's slum dwellers decide to block the central line for a couple of hours, the city would come to a standstill.
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