- A large proportion of the workforce today in the Indian factories is young. It has high aspirations but low patience. Widespread disparity in compensation and positions is pushing blue collar workers towards violence.
Hans-Paul Burkner, President and CEO, Boston Consulting Group hopes India will get back to eight to ten per cent growth. The government decision to raise the cap on foreign ownership in multi-brand retail and aviation businesses comes in the backdrop of an alarming drop in foreign direct investment (FDI) early this financial year. The retrospective tax amendments in last year's Budget violated basic principles of Indian law, says the Shome Committee. The UPA govt has told the SC that it will frame a new policy for pricing essential drugs by end-November. Currently, only 74 drugs are under price control. The government now wants to bring all the 348 drugs under the National List of Essential Medicines under price control. It is the testing of a new pharmaceutical drug after it has passed its laboratory tests. It is carried out in phases on progressively larger groups of human beings. It is very difficult for RBI to cut interest rates ... because (inflation) numbers don't justify reduction, says Deepak Parekh, Chairman, HDFC, in Business Standard. Reviews of Android sound dock Philips Fidelio and a cheap HP Envy 4 ultrabook.
Invest in commodities, as their demand usually rises as the big festivals arrive.
Bharti AXA General Insurance CEO Amarnath Ananthanarayanan admires JRD Tata the most.
Events of the fortnight that you may have missed: Featuring Maruti Suzuki's launch of Maruti Alto 800, fresh troubles facing Kingfisher Airlines, Suzlon's Tulsi Tanti deals with FCCB trouble and more.
Bipolar disorder can be of many kinds, but in its most severe form - also known as manic depression - it causes wild mood swings from extreme elation to complete despair, which can last for days to months.
Data science and analytics are as old as the 1940s. From just numbers, data analysts now deal with social media, pictures and videos. They are the next big thing on the global jobs radar and Indian companies are grooming many of them.
Delays in granting approvals for exploration activities is prompting global oil companies to relook their India plans. Italy's Eni SpA, Australia's Santos, and UK's Foresight Group are only some of the few facing the hurdles. Private-equity firms, which normally pick up equity stakes in companies they invest in, are bullish on corporate lending when it comes to India. They are stepping up their corporate lending activities in India through their own NBFCs, which could put the banking system at risk. With tax collections likely to fall short of targets, disinvestment receipts will be key to keeping the govt's fiscal deficit under control. Also, achieving the target of raising Rs 30,000 crore in 2012/13 through stake sales will establish the govt's willingness to push through reforms. Allegations of dubious deals with companies promoted by Robert Vadra are not DLF's worst headache - the real estate giant is deep in debt. As of June 30, 2012, gross debt stood at Rs 24,259 crore - nearly 2.4 times the total income and 20 times the net profit of the last financial year. Jaypee Sports has spent $400 million on the Buddh circuit, including a licence fee of $30-35 million. Around 90,000 people showed up to watch the race last year, but that may be difficult this season, with less than a third of the 100,000 tickets sold.
What a fortnight it has been. We have plumbed new depths in animus and acrimony. Not a day goes by without a shrieking melee, either at a press conference or on the streets, writes Business Today Editor Chaitanya Kalbag.
US-based Chemtura Corporation, a maker of specialty chemicals and agrochemicals, acquired the bromine assets of Solaris ChemTech Industries Ltd.
India's 'job-based hopelessness' has nearly tripled since 2007. Unless this is turned around, India could be the next big country to experience serious instability and chaos.
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The enduring mystique of the late Steve Jobs prompts yet another book on him.
People who made news last fortnight, featuring Vikram Pandit, Charles Bernard, Kumud Srinivasan and more.