- Hero would fondly remember Honda. That may be because Hero got a true sweetheart deal as it can launch products with Honda technology till June 2014 and can continue to sell them for as long as it wants. They have begun on a good note, but a good divorce settlement can ensure only short-term happiness.
Starring: Bennett J. Morgan, Deven Sharma, Meena Kaushik, Steve Mcmohan, Ravi Pillai, Umesh C Deveshawar
Anand Mahindra's tweet supporting Anna Hazare's campaign has been much discussed. It can be a useful platform for companies to build brand image, talk about its CSR activities and support social causes. I-T authorities has asked Mahindra Satyam to pay Rs 2,113.42 crore as outstanding taxes for financial years 2002/03 and 2007/08. Oracle acquired Sun Microsystems in January 2010 and has been embroiled in a $2.6 million lawsuit Sun filed against Google for patent and copyright infringement over use of Java in Android. The telecom industry seems to be on steroids with 3G. The latest evidence is the Idea ad that suggests ingenious ways to check population growth. An overwhelming majority of respondents has answered in the negative. This is hardly surprising, considering the absurdity and impracticality of differential pricing of diesel for car owners. Anna Hazare has become a rallying point for citizens fed up with corruption India, the world's largest gold consumer, is yet to buy the yellow metal in bulk, as its two-month-long festival season begins only in late September. Besides, there are no indications yet that the global outlook might not worsen further. Indian tablet manufacturers hope to repeat the success of their mobile handset-maker counterparts. RBI has emphatically staked its claim to lead the fight against inflation by reminding everyone that it is the only institution in the country with a formal mandate to deal with it. The result has been 11 policy rate increases since March 2010, and a strong chance of one more on September 16, when the next policy announcement is due. Rata Tata was the most talked-about CEO in August. Simpler rules will help check graft, easing the burden on small and medium enterprises. Most felt Hazare was the right person to head the movement as his own integrity was unquestionable. He might not be perfect, but a first step had to be taken, they said. Some voices we heard: The government is committing political hara-kiri - as they say, if you are in a hole, stop digging, says Kiran Mazumdar-Shaw, Chairman, Biocon, on Twitter.
Sanjay Rishi, Asia Business Head, Emerging Payments and New Ventures, American Express (India) shreas his leadership style.
Most of us have strengths that, at some point in our careers, no longer seem so to our peers. The big question doing the rounds in the recruitment arena is whether companies will reduce hiring. Most companies do not admit to any cutback in requirements. But few have forgotten the global economic downturn of 2008 which caught many economies and businesses unawares.
Rajeev Peshawaria goes to the core of the leadership issue.
Should you switch to high-definition broadcast? Absolutely Unlike traditional advertising, social media allows people to grade brands and advertisements by clicking the 'like' button if they want to. From poetry to personal attacks, social networking professionals face it all to manage real businesses while promoting brands.
A sharp increase in the cost of trucks due to higher input costs, higher interest rates, rising diesel prices and severe shortage of drivers coupled with no commensurate increase in freight rates have hurt demand.Nearly 10,000 trucks are lying idle in Bellary following the SC ban on mining there, while several sectors such as cement and cars are generating lower output. It seems the commercial vehicle industry is at the threshold of yet another downturn. The rising number of auditors' qualifications in accounts statements indicates the deteriorating state of Indian accounting standards. In times when Indian corporations run global companies, accounting practices should be conservative rather than aggressive when there is an element of uncertainty. The business process outsourcing industry has been on a shopping spree in the last three to four months to chase expertise. However, acquisition is not easy as they face tough competition with IT players such as TCS, HCL Technologies and Cognizant all on the prowl. What does all this frantic buying mean? For those watching changes at Infosys, the feted Bangalore software services company, a story from 31 years ago will throw light on the DNA of the team taking over at the firm's helm. With the outlook for the global economy worsening, operating risks have become higher. Be alert, grab the hidden opportunities and cover your risks, advise top names from India Inc.
The involvement of a third party or person to understand, negotiate or explore business opportunities.
Ripa Rashid's book that she co-authored with Sylvia Ann Hewlett of Winning the War for Talent in Emerging Markets, looks at how employers attract and retain women in Brazil, Russia, India and China, or BRIC, nations - as well as in the United Arab Emirates. Individual capacity is vital to a person entering the corner office. But the fact remains that currently the overwhelming majority of people occupying these offices is male. Personal issues also make it difficult, especially for women in the age group of 27 to 32 years. They were strong contenders for the BT Top 25 list this year. Vedika Bhandarkar, 43, Managing Director and Vice Chairman of Credit Suisse in India, says her dream project will be in education that she feels is an opportunity to give back to society. Renuka Ramnath, Managing Director and CEO, Multiples Alternate Asset Management, says her inner strength is evident in the way she reacts to the global economic crisis. Kalpana Morparia, 62, CEO, JPMorgan Chase earned a reputation for just that at her previous workplace, ICICI Bank, where she spent more than three decades, and it persists. Vishakha Mulye, 42, took over as Managing Director and CEO of ICICI Venture Funds Management two years ago, after having been Chief Financial Officer of the ICICI group. Preetha Reddy, 53, Managing Director, Apollo Hospitals Enterprise, loves art and has even trained in the fine arts. But the healing provided by her chain of hospitals gives her even more pleasure. The rising prices of wheat, sugar and dairy products worry Vinita Bali, 54, Managing Director, Britannia Industries, as much as they do every housewife. A nominated member of the Rajya Sabha, Shobhana Bhartia also runs one of India's largest media houses. She is Chairperson and Editorial Director of HT Media which had revenues of Rs 1,815 crore in 2010/11. Vinita Gupta, 43, Group President and CEO, Lupin Pharmaceuticals and Director, Lupin, is based in the United States, but has been in India a lot in the past one year. Leena Nair joined Hindustan Unilever Ltd on passing out and has stayed with the compnay for 19 years. Roopa Kudva, 47, Managing Director and CEO of Crisil, has been with the rating agency for 19 years. She is also Region Head, South Asia, of Standard & Poor's, which holds majority shares in Crisil. Zia Mody, 55, is Managing Partner, AZB & Partners, the law firm that has advised companies such as Reliance Industries, Vedanta and Bharti Airtel on their biggest deals - with BP, Cairn and Zain, respectively. Ashu Suyash, 44, has been Managing Director and Country Head of Fidelity International's Indian asset management business since late 2003. A day in the life of Nita Ambani, Reliance Industries' first lady, includes attending to the needs of her family and checking on work progress at her dream projects. Ashvini Yardi, the 38-year-old Programming Head of TV channel Colors says was not easy for Yardi to take on established channels like Star, Zee and Sony when Colors started, but she let her work do the talking. Archana Hingorani, 45, is CEO and Executive Director of IL&FS Investment Managers, which controls a private equity corpus of $3.2 billion, one of the biggest in the country. Falguni Nayar, 48, Managing Director of Kotak Mahindra Capital Company, or KMCC, Ekta Kapoor, Joint Managing Director of Balaji Telefilms, has been the talk of the television industry for over two decades. Most of her shows are among the top 50 on TV. Kirthiga Reddy, Director, Online Operations, and Head, Facebook India Office says do not accept choices that are given to you. The serial entrepreneur, and CEO and Managing Director of Pearson Education Services says she has been driven largely by what she calls "start-up" energy. Jyotsna Suri, Chairperson and Managing Director, Bharat Hotels, is known for her strong ideas and forthright behaviour. Renu Sud Karnad, Managing Director of Housing Development Finance Corporation, often check with her employees if they are having fun working at the company. Sarkar, now 34, took over as the publisher of Penguin Books India, the largest English trade publisher in the subcontinent. On the anvil are plans for new kinds of books, even ebooks. Nandita Gurjar, 50, Senior Vice President and Group Head, Human Resources, Infosys, has a great deal on her plate. She has to manage the expectations of 1.3 lakh employees and build the Infy brand globally. The CEO of Capgemini India has eagerly grabbed every opportunity that came her way in the last two-and-a-half decades to reach where she is now. Business Today held a panel discussion at The Leela, Mumbai, to debate the subject: How 'ready' are Indian marriages to accept professional women? Mallika Srinivasan's grit and unique working style have made her company India's second largest tractor manufacturer. Despite her numerous achievements, Axis Bank chief Shikha Sharma remains unfailingly modest. Doctor-turned businesswoman Swati Piramal runs Piramal Healthcare with a smile - and quiet resolve. Kiran Mazumdar-Shaw made several unusual choices on her way to building Biocon into a billion-dollar business A colleague of ICICI Bank CEO Chanda Kochhar says she is so capable that she could even command an army. A role model for Indian women in financial services, Naina Lal Kidwai is all grit behind the genteel persona. This issue of Business Today celebrates those who have tackled it head-on. There have been sacrifices: being unable to meet a dying father, delaying marriage, getting little time with children. But BT's eighth annual list of the Most Powerful Women also tells stories of dreams come true. ALSO SEE: Hall of Fame | Full Listing | Videos Zarina Mehta, 49, Chief Creative Officer of Broadcasting at UTV, has recently launched a new channel, UTV Stars, and is busy getting programmes on air. Why are there so few women on Corporate India's boards? Companies complain they cannot find enough of them. This is partly true. But the whole truth should also include the way the nominations committee process works in most boards.
A 74-year-old Maharashtrian on the fast track of protest has become the unlikely fulcrum of a people's movement.
In your B-school survey process, in the HR and functional head category, it was surprising to see Chandigarh having the same sample size as Bangalore; and Kolkata and Patna having higher sampler sizes than Bangalore and Hyderabad.
There is good reason to believe that Mayawati, regardless of the storm of allegations raging around her, is clearly the frontrunner in a fourway contest between the BSP, SP, BJP and the Congress