- Only four times since Manmohan Singh presented his landmark Budget as finance minister in June 1991 has the economy grown slower than 5 per cent a year.
With a nomenclature change and a brand new operating system installed in its latest offering, BlackBerry Ltd has struck back. So, how is the new BlackBerry different from earlier versions? Nidhi Singal takes a look. RIL has told the petroleum ministry that it will be ready for the audit only if CAG conducts it as a representative of government of India as per the terms of the contract between RIL and the petroleum ministry. The telecom operator has suffered a profit drop for 12 quarters, hurt by its money-losing African business and bruising competition in domestic market. But the cancellation of licences of some smaller players will offer room to Airtel to increase call rates. Sebi is rebranding itself as an investor-friendly regulator through a concerted media campaign. Business Today takes a look at what's making news in the Budget circle - Three incidents in quick succession - the temporary ban on Vishwaroopam, the uproar over Ashish Nandy's remark about corruption among Dalits and the refusal to allow Salman Rushdie to visit a Lit fest - have highlighted the growing intolerance in the country. The global macroeconomic environment is improving but India needs to revive its investment climate to make the most of it. India has moved a step closer to implementing an overarching Goods and Services Tax (GST) with the Centre and states agreeing on its broad contours. Here's what it means -
Companies may not admit it, but many of them do imitate their successful rivals' business practices There is a need to ensure that policies boosting investment in one part of the world match policies boosting consumption in other parts.
The mood is cautious, but hiring has not been markedly affected yet by the slowdown, shows an Aon Hewitt report. Examining hiring trends at 173 companies, the study found that around 70 per cent of them had not revised their hiring intent for 2013 in any manner.
The government has projected an investment of $1 trillion, in the infrastructure sector between 2012 and 2017. Bank loans are critical to meeting this target. However, contractual disputes, delays in environment approvals, and problems in land acquisition have made banks cautious in lending to road projects. The Kumbh Mela has always been a big business opportunity, but this time companies are going the extra distance to promote their brands by using traditional entertainment and modern technology to connect with consumers, be it middle class pilgrims or ash-smeared sadhus. Data on defaults suggests that Indian borrowers have become increasingly ill-behaved, but that will have to change soon. Digital entrepreneurs are developing a host of mobile-based value-added services for everything from entertainment to payments and advertising, which could potentially change the way millions use their mobile phones. Business Today looks at some digital firms which will be at the vanguard of this mobile revolution.
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Sugar maker EID Parry has increased its involvement with critical stakeholders: farmers. It sees them not as suppliers of raw material but as customers. The company, which is part of the Murugappa Group, has worked to make farming a hassle-free occupation. This case study looks at why and how EID Parry achieved the feat.
Timeless Leadership: 18 Leadership Sutras from the Bhagavad Gita distils lessons from the Gita which modern day executives can profit from.
Devices like the 'phablet', which perform multiple functions, will rule in the future
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The UPA has the dubious honour of frittering away the healthy economy it inherited in 2004 with the wrong types of expenditure and an obstinate failure to boost revenue, capital formation and infrastructure, write Chaitanya Kalbag.
HDFC Bank MD Aditya Puri discusses the economic situation in India and its impact on banking in an exclusive interview with Govindraj Ethiraj on the show Bottomline, airing on Headlines Today.
The success of the Jaipur Literature Festival has spawned a host of similar efforts. But the boom rests on shaky foundations.