Besides the suspense account tangles on Satyam's books, Tech Mahindra has to grapple with another challenge: some minority shareholders in Mahindra Satyam have filed writ petitions in the AP High Court, contesting the swap ratio.
How a unique sponsorship model helps preserve Carnatic music festival Carnatic music is a niche art, and
its connoisseurs are a small population who cannot afford to pay high
ticket prices. Revenues are not easy to come by. The festival is sustained by sponsors who are more
kind-hearted than mileage-seeking.
Bihar's Siwan and Gopalganj are the new hotspots for remittances from West Asia According to the latest data from the Ministry of Overseas Affairs, the number of emigrants from Bihar surged from 36,493 in 2006 to 71,438 in 2011. Siwan and Gopalganj are the new hotspots for remittances, dramatically transforming the lives of people in the region.
Reckitt Benckiser CEO Rakesh Kapoor outlines its growth agenda Ever since India-born Rakesh Kapoor took over as CEO of the
UK-headquartered Reckitt Benckiser Plc in August 2011,
the company - behind brands such as Dettol, Disprin and Cherry Blossom -
has been restructuring itself to tap more aggressively into
opportunities in emerging markets. Kapoor recently spent 10 days in
Delhi during which he spoke with Shamni Pande.
How machine-to-machine computing promises to make our smart world a lot smarter Many Indian companies are dabbling in machine-to-machine computing, which promises to make our smart world a lot smarter. The global M2M market is nascent but growing rapidly.
Khorakiwalas are now successfully rebuilding their hospital network Three years ago, the Khorakiwalas had no choice but to sell 10 of their
hospitals. They are now successfully rebuilding their hospital network.
Cheap instant messaging apps for smartphones edging out SMS It will become harder to increase SMS revenue as Internet-based messaging services become more popular. SMS is the world's most popular data service. But it has a 140-character limit, and is not that cheap. On the other
hand, instant messaging through game changing applications has no word
limit and is practically free.
Uday Kotak on the economy and his company's growth prospects In an exclusive interview with Govindraj Ethiraj on the show Bottomline,
airing on Headlines Today, Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Group, discussed the economic situation and his
The future of the Chennai Open hangs in the balance The future of the Chennai Open hangs in the balance with organisers
struggling to arrange funding from sponsors and China and Turkey keen on
taking the tournament away from India.
In five years, Sanjiv Bajaj comes into his own Though profits at Sanjiv Bajaj's
financial services business are increasing rapidly, but the younger
scion still has some way to go to catch up with elder brother Rajiv's
Infrastructure woes hurting the industry: Kiran Mazumdar-Shaw Kiran Mazumdar-Shaw, Chairman and Managing Director of Biocon Ltd, and
the face of India's flowering biotechnology industry, pulls no punches
in this exclusive interview to Govindraj Ethiraj on the show Bottomline,
aired on Headlines Today. Edited excerpts:
Male setback could make things worse for GMR's airport business For G.M. Rao, the founder-chairman of GMR Group, entering the airport sector was a bold step, but one which has yet to reward him. The airport vertical of GMR Infrastructure is bleeding, with losses of Rs 557.9 crore in 2011-12 and Rs 47.5 crore in the first half of the current fiscal year.