The new Suzuki Grand Vitara offers fantastic value for money.
Our fourth annual survey of companies that have delighted their shareholders the most. They aren't the biggest by revenue, profits, or market cap. But they are the biggest by consistency of returns, reporting and respect for their investors.
Is a certain nasty individual at your workplace making life miserable for you? BT does a reality check on what collateral damage these individuals can cause and how companies can deal with them. The travel and tourism industry is in hiring mode. Tarun Sheth answers queries related to your career.
He gave India its first world-class business school and now its only public health foundation. What makes McKinsey's Rajat Gupta a social entrepreneur and the only Global Indian(-American) of his kind? It has nudged ahead of the competition in the foreign banks arena, but there's more to Citigroup in India than just banking. It offers the unbeatable combination of big-spending and experimentative consumers, who have the appetite and the wallet to spend. Some smart marketers are finally waking up to its lure. Videocon's Venugopal Dhoot is thinking really big. He is diversifying into new areas such as SEZs, real estate, telecom and retail. The target: more than treble revenues to $10 billion over next five years. Rising interest rates have taken their toll. Sales in the first quarter are down 14.5 per cent, and every manufacturer is cutting back on production. "I Don't Think Telecom Valuations Are Stretched In India"
It is an oddity of our times that stands out for its sheer starkness. The stock market is roaring from one high to another, and the kitties of mutual funds are swelling like never before.
Both brothers have plenty to trumpet. Take Anil's all-cash purchase of Yipes, for instance, which gives him a foothold in the global market for enterprise and institutional data services, a pie that's valued at $90 billion. Uncertainty stalks IT services-and it's not just the rupee. Step into our gameplex, say the online players. BSNL loses ground as a contract gets delayed. FM radio needs to go beyond advertising for revenue. Samsung cracks down on grey market imports of its hardware. Has Suzlon been diverting IPO proceeds? Appoint IIM Directors and control them, plans government. Bhutan, of all places, is wooing Indian BPOs. While the latest deal would boost Avesthagen's presence in the bio-nutritional market, it hasn't been shy of spending heavily to enter other high-growth segments as well. Will the India partner for Renault's small car not be M&M? With enzymes sold off, Biocon goes pure bio-pharma. Cartoon Network goes to Bollywood. Genome Valley becomes Andhra's intellectual property. A Swiss-German combine that's hot on Indian realty. It opens job options, provides shelter to conflicting clients. Do flanking channels translate into more viewership?
By FDI magazine, a Financial Times group publication, Commerce and Industry Minister Kamal Nath, as Global FDI Personality of the Year 2007. To know more read on.
Desktop sales, which grew a respectable 19 per cent (from 4,614,724 to 5,490,591 units), were completely overshadowed by the laptop market. King Khan is doing his bit for wildlife conservation. He appears in a public service campaign, to be broadcast at all international and domestic airports, to raise awareness about the issue. The government is yet to come to terms with its riches. The BSE Sensex has risen quite fast and is now ruling at 15,000-plus levels. Is the stock market overheated? People are drinking more champagne, and we have been increasing production to keep up with consumption. Today, Indian animation studios are increasingly realising the need to create their own IPS. The Indian animation industry has proved its mettle in the global markets. Just ahead of the quarterly review of monetary policy by the Reserve Bank of India (RBI) on July 31, two of India's top bankers feel that interest rates have plateaued out. Here's some cause for cheer-India will figure in the World Bank's list of lower middle income nations this financial year itself. What is it? A biometric Permanent Account Number (PAN) card that the Ministry of Finance plans to launch, over time, to replace the PAN card that you currently have. In India, the expected fall in interest rates, which have hardened over the last year, will now probably have to wait for some time as the lag effect of rising oil prices will impact all sectors of the economy. While the government is to blame for not promoting growth in the insurance sector, the large private companies are equally guilty. That the government leaks like a sieve is well known. But when it hurts, one would expect the chief to crack the whip, in the manner of companies. 40 per cent: The proportion of consumer goods bought in the US imported from China. To know more interesting numbers read on.
Although the industry boasts of Rs 4 lakh crore in assets, contributions from retail investors account for less than 15 per cent. At an aggregate level, just 3 per cent of household savings get funnelled into mutual funds. Caution appears to have become the leitmotif of this government. But this is not a caution born out of prudence, but one dictated by political expediency. The government now wants the authority to appoint directors of various Indian Institutes of Management (IIMs), starting with Ahmedabad, Bangalore and Calcutta, where the terms of their directors are coming to an end.
Kolathur village, just outside Chennai, is fast emerging as the capital of the ornamental fish trade in India, Nitya Varadarajan reports from the spot.
A delightful work sets out to remind the world that globalisation is older than the WTO.
The great India market story has returned to its booming ways. Stocks are making new highs, but there are enough places where you can still spot a good stock. What you can do when the company you hold wants to opt out of the stock exchanges. Car insurance tariffs aren't any cheaper after deregulation. But things could change. How to ensure that you have enough cash when you need it most. If you have a good track record of credit card repayments, you can now enjoy lower interest rates. What the new Tata AIG's InvestAssure Gold has to offer.
Wipro announced its first quarter numbers. Revenues were up 34 per cent to Rs 4,203 crore and net profit by 17 per cent to Rs 726 crore compared to the same period in the year.
It is difficult to slot the multifaceted Mark Bouris, 51. A chartered accountant by profession, Bouris, Executive Chairman, Wizard Home Loans, has written a book on wealth creation. To know more about the likes of Bouris read on.
A bird's eye view of what's hot and what's not on the government's policy radar.
He is widely admired for his administrative skills and business acumen and also criticised for alleged wrongdoings during his long tenure at the helm of Indian, and, for a while, Asian and international, cricket.