Business Today’s list of India’s Most Powerful Women in Business has honchos from the hurly-burly world of financial services all over it. Outside the list too, women are calling the shots, be it wealth management or equity research or hard-nosed broking.
Listings are horribly hard to put together. This one is more so. For one, how does one measure power? For another, when there are so many talented and successful women in Indian business, how does one zero in on the 25 most powerful? The first question is relatively easy to answer.
It isn’t a big surprise that 10 of the 25 women on the fourth Business Today Most Powerful Women in Indian Business have earned their spurs in banking or finance. Our three previous listings have also reflected similar proportions.
Swimming pools, jogging tracks and clubhouses are passé. Investing in plush residential complexes built around golf courses is the latest fad among the rich and the famous. We bring you a menu of choices.
Apple's iPhone is considered to be the ultimate device ever made. It is already being called a game changer in the mobile phone space. Bibek Bhattacharya laid his hands on one and brings you this review.
Till about 2001, life insurance Corporation of India had a pension plan with tons of benefits for retirees. Jeevan Suraksha offered guaranteed returns as pension, reducing the ‘uncertainty’ of income in an otherwise uncertain period of one’s life.
When Reliance Industries Chairman Mukesh Ambani addressed his shareholders at the company’s annual general meeting (AGM) in June last year, the title of his speech was simple, yet telling—“Embarking on a Retail Revolution.”
Unprecedented wealth creation in the last few years has not just pushed up the number of wealthy individuals in India, but it has managed to change some of the consuming and investing behaviour of this privileged and distinguished lot.
People who have used lotus notes will testify that the user experience on older versions of the software could be extremely frustrating. As an e-mail, contacts and calendaring tool, not only was it difficult to use but worse still, it looked ugly.
Early this month, when Sunil Bharti Mittal, in an interview with the Times of India, mentioned that many telcos had quit during an adverse phase, while his own brand grew against all odds, it raised the hackles of Rajya Sabha MP and former promoter of BPL Mobile, Rajeev Chandrasekhar.
At 63, most company executives would be considered to be past their prime. Not so Ravi Kant, MD of Tata Motors, who took over as President of the Society of Indian Automobile Manufacturers (SIAM) on September 5.
If you are keen on pursuing statistics and it is where your interest lies, then you can do a Master’s in Economics or Statistics in any other university. In terms of education, all other options are open to you (apart from an MBA).
The excitement and glamour of advertising is luring professionals from the unlikeliest of fields. Dumping their “safe” jobs and (often) better remunerations, doctors, IT consultants, hospitality industry professionals and rural marketers are all heading to the organised chaos of advertising.
Adrian Mowat, MD AND Chief Asian and Emerging Markets Equity Strategist, J.P. Morgan (Asia Pacific), paid a quick visit to Mumbai last week. BT’s Clifford Alvares spoke to him on the stock markets and how the US subprime crisis affects India.
The economy is on song (despite recent data that reveals a slowdown in manufacturing growth), and India Inc. is in rapid expansion mode. Is it any wonder that Indian companies are flocking to the stock markets in droves to raise capital?
As people pressures have intensified (Infosys’s attrition went up by 2 per cent to 13.7 per cent in the first quarter of 2007-08), the IT industry is beginning to expand the breadth of its hiring to include plain vanilla science, commerce and humanities grads.
It has been almost six months since Shailesh Rao took over as MD, Google India. In a candid interview with BT’s Kushan Mitra, he shares his thoughts about the Indian internet market and the direction Google is taking in this country.
Indians traveling abroad and using international roaming as indiscriminately as they use their phones in India, will receive towering bills, tens of pages long and sometimes amounting to lakhs of rupees.
High profile slug-fests (LIKE the Birla-Lodha spat) regarding inter-generational wealth transfers in large business families and those of high net worth individuals (HNWIs) have exposed the inadequacies of the traditional methods of estate planning.
It’s a move that is likely to help India’s largest IT company get a slice of the humongous budgets of global pharma majors. Last fortnight, TCS announced that it had inked a deal with Swiss pharmaceutical giant Roche to provide a variety of services.
Notwithstanding the alleged spectrum scarcity, new applicants have queued up for unified licences, which will allow them to offer everything from mobile telephony to fixed telephony to internet services.
Indian BPO companies are now busy building a global footprint. It’s now the turn of the New Delhibased Hero group to get into the act. Hero ITES has snapped up Scotland’s largest call centre operator Telecom Service Centres (TSC) in a £40-million deal.
It is crossover time for many brands into the world of direct selling. In an attempt to find more consumers, sales heads of an increasing number of companies are seeking to piggy-back on the strength of 4.5 lakh distributors of Amway in India.
It is billed as the largest REEBOK store in the world. Spread over 15,000 sq. ft and across three floors on the upmarket Jubilee Hills Road of Hyderabad, it is meant to give a leg-up to the single-brand shopping experience.
The online travel industry is on song. According to PhoCusWright, a Connecticutheadquartered travel, tourism and hospitality research firm (with an India office), the sector grew at 126 per cent from a base of $295 million in 2005 to $796 in 2006. In 2007, it is expected to record a 66 per cent growth to $1.3 billion.
It’s been a good year for ATM manufacturer NCR in India. This February, the company won an order for 3,000 ATMs from the State Bank of India (SBI). That was the single-largest order by any Indian bank.
Just when it was beginning to look like India’s largest private sector company isn’t in a mood to participate in the frenzy to buy out international assets, it decided to grab a piece of the global action. Two pieces actually.
For India’s oldest (and until recently ailing) financial institution, it’s a problem of plenty. New Delhi-based IFCI’s plans of offering at least 26 per cent stake in itself to large investors has attracted a bevy of suitors.
Too many cooks can spoil the broth. However, that did not happen early this week when an Empowered Group of Ministers (EGOM), a short Cabinet, decided the profitability of a $6-billion investment in the oil and gas exploration business of Reliance Industries (RIL).
In what promises to be the biggest brand transformation in the telecom sector and one of the largest across the entire Indian consumer sector, the Hutch brand will make way for Vodafone on September 20.
If there is one sector that has benefitted most visibly from the India growth story, it is the construction industry. Titanic-sized tower cranes busily moving blocks of concrete and steel are a common sight across metros.
Through a series of pilot projects across the country, Intel and its 74-year-old Chairman Craig R. Barrett want to take computing to the masses. Business Today’s Kushan Mitra travelled with Barrett to see one such project.
The unabated bull run on the stock markets has resulted in many an investor laughing all the way to the bank. The listing of Motilal Oswal Financial Services (MOFSL) was another reason for them to rejoice.
RBI’S preoccupation with combating inflation is well known, and so, it was only natural for RBI Deputy Governor Rakesh Mohan to compliment his organisation in a recent conference in Mumbai, when inflation fell to a low of under 4 per cent on September 1.
Bajaj Auto has accused TVS Motors of stealing its technology, a charge it has denied. TVS, which is doing badly in bikes, is entering the three-wheeler market that is dominated by Bajaj. Which way is this battle headed?
It is no secret that West Bengal Chief Minister Buddhadeb Bhattacharjee, who has to fulfill popular aspirations and renew his mandate from the people every five years, does not see eye to eye with the unelected Karat and others of his ilk.
It is admirable the way you have put together India’s Best B-schools issue (BT, September 23, 2007). At the same time, year after year, the same schools steal the show, like the Indian Institutes of Management.