A biometric project in Karnataka's fair-price shops holds promise for better PDS targeting. The state's move is the latest in a series of efforts by states and the Centre to fix the inefficient system of distributing essential items at subsidised rates to the poor.
Challenges Shapoor Mistry faces being at the helm The new chairman of the $2.5 bn Shapoorji Pallonji Group has his hands
full as his younger brother Cyrus prepares to take over from Ratan Tata
in Dec. Over a century, the business interests of the group have expanded
from construction to include real estate, infrastructure, consumer
products and biofuels.
Reliance Life Sciences may have had an indifferent past, but its future is bright Reliance Life Sciences may have had an indifferent past, but its future is bright. Biosimilars are widely expected to be the next big growth driver in
pharmaceuticals, given that around $80 billion worth of innovator
biological drugs will be going off patent by 2015.
Companies using music events to build their brands Bacardi's NH7 Weekender music festival is in its third year. Absolut
vodka sponsors Sunburn, a three-day electronic dance music festival, and
Nokia sponsors an international karaoke championship. Last year, Coca-Cola launched the Coke Studio @ MTV television series.
Shriram Group faces challenges scaling up its non-lending businesses With its reputation in the lending business fairly cemented, the group
is now intent on scaling up its other businesses. Infrastructure is a
key focus area.
Can local digital advertising networks take on Google? Local digital advertising networks are expanding by leaps and bounds. They are now gaining greater
importance as a slowing economy prompts advertisers to tighten their
belts and better target clients. Venture capital and private equity firms are also looking at the sector.
Violence at Manesar was a criminal act: Osamu Suzuki Suzuki Motor Corp Chairman Osamu Suzuki in an exclusive interview with Business Today Editor-in-Chief Aroon Purie and Editor Chaitanya Kalbag says the Manesar trouble has led to the tarnishing of Suzuki Motor Corp worldwide, and pulled down the image of Maruti Suzuki in India.
Why Dentsu is in a tearing hurry to scale up in India Dentsu, Japan's biggest advertising agency, has been looking to expand business outside its slowing
home market. The purchase of a 51 per cent stake in Taproot in India by the company's local subsidiary in end-August was part of that strategy.
Why V.G. Siddhartha is increasing his stake in MindTree The founder of the Cafe Coffee Day chain was one of MindTree's first venture capitalists, buying an initial 6.6 per cent stake in the company for Rs 41 a share in 1999. He now owns 22 per cent stake in MindTree through his companies and personal holdings.
States chart own growth path even as the centre loses the plot While the Centre flounders under the impact of a policy paralysis that has followed in the wake of a series of scams, states such as Rajasthan, Bihar, Orissa, Chhattisgarh, Punjab and Kerala are focussing aggressively on development and governance.
All eyes are on Coal India as cancellation of coal contracts looms In the event of a deallocation, the mines are likely to be handed over
to CIL. The state-owned producer is by no means the epitome of
efficiency when it comes to production and supply. Many power projects are likely to
get delayed without assured supply of coal.