In 2009-10, the Indian currency recorded the largest ever one-year appreciation in its history. Despite the recent bouts of depreciation, it is most likely to appreciate further in this fiscal year. Why? By how much? And what about volatility? BT invited two experts to answer these questions.
After a 2004 buyout, IBM refrained from integrating Daksh into its fold letting it bloom on its own. Not only has the business grown ten-fold, Big Blue is now turning to the Indian outfit for its next big bet: Analytics.
Punjab National Bank, with K.R. Kamath at the helm, has come from behind to dethrone ICICI Bank from the #2 spot in Indian banking in terms of total business. The latter, however, claims it hasn't been displaced if you compare the two banks' total assets.
For most of its 40 years, Lupin seemed to be just another Indian pharma company trying to make hay in the US generics market. Today, it is a global generics firm to reckon with, taking on giant Teva on the value-creation front.
The 3G auctions have swelled the government coffers by almost Rs 70,000 crore. BT asks a few economists to give their wishlists on how best the government can use this windfall without frittering it away on wasteful expenditure.
But education is just one of the new-age businesses that this flamboyant Birla scion has zeroed in on. With forays in sectors ranging from health care and wellness to solar power, the 43-year-old is out to prove that he means business. And yearns for growth.
Applied Materials is the world's biggest solutions and equipment provider to the solar photovoltaic manufacturing industry. That vantage position gives Michael Splinter, Chairman and CEO of the $5-billion (fiscal 2009 revenues) company, a unique view of an industry in a tearing phase of growth worldwide.