In early October, a helicopter sparked off an air alert in major Indian cities after it briefly landed on the coast in Maharashtra's Ratnagiri district without communicating its flight plan to the Air Traffic Controller, or ATC. Bernard Charles, President and CEO of Dassault Systemes, the France-based specialist in design and manufacturing process software, was in India recently meeting clients like Mahindra & Mahindra and Tata Motors. Big battle at Lilliput Increasing urbanisation, a growing middle class, and rising incomes are expected to sustain the strong consumption demand in India over the next two decades, says an IDBI Capital study. After its bitter break-up with the Wadia group in 2009, Groupe Danone has kickstarted its Euro 600-million bottom-of-thepyramid business by launching a milk-based fortified dessert called Fundooz in India. We are deeply committed to making India a low-interest rate regime but that will take time, says Duvvuri Subbarao, Governor, Reserve Bank of India, quoted by wire agencies Transferring property through a power of attorney does not amount to sale. The Indian luxury market defies the slowdown in the economy. A new avenue of funds emerges from China, but dim sum bonds are not for everyone. The Empowered Group of Ministers recently cleared the draft National Food Security Bill, 2011, which aims to cover 67.5 per cent of India's 120 crore people. Broadly, the Bill proposes free food grain for the very vulnerable sections, along with food grain at subsidised rates. However, deficiencies remain. Microsoft hopes its latest mobile operating system Mango would keep the company from becoming irrelevant in the Indian smartphone market, as it has the capability to compete with Google's Android and Apple's iOS. India's economic situation today is reminiscent of late 2008 when Lehman Brothers collapsed. Inflation is high and the interest rate is being hiked to combat it. If you think this year is bad, wait till the next one comes around. The news about the three executives of ADAG arrested in the 2G scam denying any wrongdoing generated much media interest, as that raised the possibility of the Central Bureau of Investigation, or CBI, extending the probe dragnet to Ambani himself. Unpack means to decipher, explore or examine in detail. There is a curious change in the advertising pattern as we move into the festive season. Consumer durable ads are conspicuous by their absence in our top 25 list this time. This is not surprising considering the impeccable credentials of Nandan Nilekani as a manager on the one hand and the mistrust with which politicians and bureaucrats are viewed by the public on the other.
With the global economy facing the threat of a slowdown, your cover story (The Rainmaker, Oct 30) is timely for the IT industry. Hats off to Francisco D'Souza for turning the fortunes of Cognizant around.
The oldest pro-am in the country - BT-Honda Pro-Am of Champions - hits the road for the 17th year.
Investing overseas, especially in some east Asian countries, could make you richer.
Mashelkar sets forth a route map for young scientists.
There are advantages in taking up temporary employment.
While travel liberates you, shopping in a foreign land can, at times, be disconcerting, depending on the strength of the currency in question. Audi's new Q3 is a good mix of efficient driving and generous space, despite small exterior dimensions. Here's a detailed verdict. Check the desirability quotient of new products Hospitality giant Amanresorts is up for grabs to the highest bidder. Swoop in for the kill. Le Cirque, Delhi, follows in New York's very expensive footsteps, but given its location and lineage, it comes as no surprise that since its low-key opening it has attracted the attention of Delhi's who's who. Mercedes-Benz India's Peter Honegg on his favourite brands Who needs vignettes or sepia tones when good, old-fashioned shades of grey do the trick A board meeting on a houseboat or a canoe race with colleagues across brackish backwaters, Kumarakom's wondrous waterscapes are calling out to India Inc. Shark tales and fresh fish; the city should issue a 'danger of getting hooked' warning. Scenic and sophisticated, Aamby Valley City has all the makings of a world-class business offsite destination. That it is lies midway between Mumbai and Pune is an added bonus. Travelling to the soul of the Mara to witness the great migration is an incredibly humbling, once-in-a-lifetime experience for most. Formula One's top tipper, Sebastian Vettel, is as good as they come. He is focused yet fun, driven but grounded, names his cars, and yes, is scared of mice. BT More caught up with the speedster.
Bosch's MD V.K. Viswanathan on his leadership style
Indians are consuming more milk than ever. Prices are up more than 10 per cent since March, according to some estimates. Demand is increasing, not just for milk but also for branded dairy products. Besides funding, the milk sector is gaining knowhow that requires immediate attention. With a manic focus on customers, Yebhi.com wants to make the leap from an online shoe-seller to an e-commerce titan in India. Watch out, Flipkart. Competition, lack of market depth, and declining prices are slowing the growth of the multimedia classroom business. Ethnic foods are aiming for the big time, and investors are pouring money into them. InMobi is the Bangalore company that powers the advertisements on smartphphones. Naveen Tewari, the man running InMobi, and the other three co-founders have managed to create a company that should exceed $100 million, or about Rs 500 crore, in revenues in 2011. SoftBank has valued InMobi at $1 billion. It is now on a direct collision course with Google. Making a dent in the Rs 5,000-crore skincare market may not be as easy. It is currently dominated by Unilever, with brands like Lakme, Fair and Lovely, Vaseline and Pond's. Vaseline and Pond's together occupy more than 50 per cent of the market. Growing mistrust sours yet another joint venture as Unitech and Telenor slug it out in the courts. Unitech Wireless has dragged Telenor to the Company Law Board, a quasi-judicial body which deals with corporate disputes, alleging mismanagement of the joint venture's operations.
Low-cost need not necessarily mean low value. There are some relatively cheap tablets that do not compromise on performance. But unfortunately many low-cost tablets are low-value as well.
The backdrop of many successful Hindi films, Punjab takes centrestage with its own string of hits.
New wheels for tech town: Bangalore becomes the first city in south India to get a modern metro system. One up on Delhi, the network provides Wi-Fi connectivity on-board, in keeping with the city's image as the one that stole tech jobs from the West.
Self-awareness is needed to turn confrontation into consensus.
Starring: Jonty Rhodes, Ajay Chacko, Olivier Bernheim, Joshua Schulman, Steve Felice
"Any corporate listing is a beauty parade," the very first BT listing said back in March 1992. If you trawl through the 20 listings we have published since then, you will get a very good idea of what enduring "good books" look like.