A Tamil Brahmin and a Malayali get together to manufacture and sell Mumbai's favourite snack. The result: their Goli Vada Pav chain of 65 stores has a turnover of Rs 10 crore and daily unit sales of 50,000 pavs.
Quite unlike many other management gurus, CK was not a one-concept wonder. Every five to seven years he would come out with a blockbuster idea that would change the way people looked at business globally.
Here's a pick of the words of wisdom that Prahalad shared with BT in the past two decades, followed by a column on what he would have done next and an exclusive reprint of his last published HBR article.
Some 590 million will live in Indian cities by 2030— about three-fourths more than in 2008. Massive and urgent changes in governance, funding and planning are needed to ensure that they live a good life.
A clutch of home-grown handset brands, high on features but low on price, is giving established brands nightmares in the world's fastest-growing market. Who are the people behind these brands? And why do their phones sell?
Some of India Inc.'s biggest corporate houses-including the Tatas, Kumar Mangalam Birla and Anil Ambani-are sniffing for attractive businesses to invest in and in the process competing with global venture capital and private equity majors like Blackstone and Warburg Pincus.
India plans to generate 20,000 MW of solar power by 2022-up from 12 MW in 2009. Several Indian companies are betting big on prospects of business in solar energy. Here's a lowdown on the technology and business.
Frits Van Paaschen, Chairman, Starwood Hotels and Resorts, which has brands like Le Meridien, Sheraton and Westin in its stable, was in India recently on a whistlestop tour. He spoke to BT's Kushan Mitra on his chain's plans for India. Excerpts:
She was credited with turning around the North American operations of cosmetics major Avon in the '90s. Today, as President & CEO of Colorado-headquartered $5.3-billion Western Union, Christina A. Gold, 62, has her task cut out: