Nokia is pioneering mobile payments in India, but it needs to straighten out many kinks - soon. To continue offering the servcie, it should keep its agents happy. The game
will likely to change substantially over the next two years.
The new GM India plans to launch five Chinese cars in six months The India arm of US auto maker GM is in the midst of a DNA change, a result of the 50 per cent stake Chinese automaker SAIC bought in the company in February 2010 for Rs 2,990 crore. The new GM India plans an audacious assault on the Indian market with no less than five Chinese cars in six months, starting January next year.
The corporate sector's mood has deteriorated sharply The corporate sector's mood has deteriorated sharply. It feels there is
little hope of the government or RBI's policies improving the gloomy
Why the upstart Taproot India has won the admiration of even big rivals Why the upstart has won the admiration of even big rivals.
Microfinance in India is at a crossroads, says Nancy M. Barry While a few microfinance institutions, or MFIs, have innovated in
providing a mix of client-responsive products and services, most adopted
a narrow, uniform model of disbursing group loans to very low income
clients, mainly women.
For how long F1 will bask in cricket's misery Come October 30 and the 5,137-metre Buddh International circuit in Greater Noida, near Delhi, will be on fire. Ninety-six Pirelli tyres will singe the tarmac at the 17th Formula One World Championships. It may be a good time for cricket's rivals to take the crease.
Now, get expert medical advice round the clock A number of start-ups have begun offering medical advice round the
clock, either on telephone or online - some providing basic diagnosis
and treatment suggestions, others a lot more. The specialists are a global crowd, with some based in the United States, Britain, West Asia and Africa, apart from India.
ABB pushing technology to India like never before Last year, ABB raised its stake in ABB India from 52.11 per cent to 75
per cent, by buying back shares for $1 billion from investors. The company is pushing technology to India like never before with an eye on pumping up its $1.3 bn local sales.
Microfinance institutions redefine their focus Microfinance is the business of disbursing modest, short-tenure loans without collateral to small borrowers. But a year after new regulations in Andhra Pradesh that sought more control over the business all but killed it, microfinance institutions, or MFIs, have turned to financing bicycles to tractors, cooking stoves to houses. They have redefined their focus and are busy
Exporters fear they will be hit hard by the slowdown Global economic woes have finally begun to shadow the best performing of India's macroeconomic indicators - exports. BT spoke to more than 50 small and medium exporters, industry
associations and policymakers - to find that almost all of them were
fatalistically waiting to be hit hard by the slowdown.
Aegis from the Essar fold and Aditya Birla Minacs are giving BPO veterans tough competition In India's rapidly growing BPO industry, Aegis and Minacs are outliers;
very different from new-age start-ups seeded by professionals, such as
WNS, or outsourcing units spun off from multinationals. Aegis and Minacs, by contrast, come from old
world business groups which have made their millions in businesses such
as cement, steel, petroleum and aluminium, among others.
Will Vijay Mallya's decision to shut down Kingfisher Red pay off Vijay Mallya shuts Kingfisher Red at a time when low-cost aviation is flying high. Its 15 single-cabin, no-frills aircraft would be converted into a mix of
business and full-service economy class seats to become part of the
airline's full-service fleet.