At least two entrepreneurs hope so. Pradeep Gidwani and Rahul Singh, owners of two respective beer cafe chains, want to make the drink as easily available and as widely consumed as coffee in India. A close look at the Indian pharmaceutical industry shows a complicated regulatory structure and a web of entities at the central and state levels tasked with monitoring the sector. The regulator is now getting a makeover but better enforcement and safer medicines are yet a chimera. Finding few takers within the country, Indian mobile gaming companies change tack to woo the world. Arun Sawhney, MD and CEO, Ranbaxy, defended the company in an interview with Chaitanya Kalbag. Edited excerpts: Many multinationals have jacked up royalty rates from local subsidiaries ever since the Indian government scrapped a cap on royalties to overseas parents about three years ago. Shareholders say the higher royalty payouts are cutting into net profits and, in effect, reducing their dividend payouts. Fortis Healthcare Executive Chairman Malvinder Singh, while rebutting Japanese firm Daiichi Sankyo's charges, says the company failed in growing the Ranbaxy business. The pharma major is still to get its Paonta Sahib and Dewas units back on track for inspection and approval by the FDA so that it can resume supplies to the US from these facilities. A glimpse into the working style of India's star IT salesman, who is embroiled in a sexual harassment case for the third time. Dinesh S. Thakur, who blew the whistle on Ranbaxy's wrongdoings, spoke over the phone from the US with Chaitanya Kalbag and E. Kumar Sharma.
China will invest in Indian infrastructure to offset the skewed trade balance. A weaker rupee makes India's oil imports costlier and could push up the inflation rate. This may force the central bank to revisit its current policy of lowering interest rates. On May 22, the United Progressive Alliance completed nine years in office. It marked the occasion by releasing a 'report card' of its performance. Here are some numbers the report card left out. Samsung UA46F7500BJ-a cutting edge TV and Asus Fonepad - a cutting edge TV Comptroller and Auditor General Vinod Rai - who quit office on May 22 - is the first of four high-profile regulators who retire in the next 12 months. The highlights of their tenures and the challenges their successors will face: Chinese Premier Li Keqiang promised to open up his country's services industry, during a recent visit to TCS headquarters in Mumbai. Tata Group is the biggest Indian group working in China.
The issuing of manufacturing licences should be strictly regulated and the frequency of spot audits stepped up along with severe penalties for non-compliance, writes Biocon CMD Kiran Mazumdar-Shaw. Economic projections have vastly underestimated the severity of the Eurozone crisis, as well as its impact on the rest of the world.
Jobseekers are flocking to staid old public sector units, many of which now pay better than their private counterparts, and offer security as well.
In 2008, Eicher Motors tied up with Swedish truck maker Volvo in its bid to become a larger player and build a global presence in the commercial vehicle business. Volvo, on the other hand, wanted to crack the small and medium-truck segment in India. This case study looks at how the two companies leveraged their respective strengths to achieve their disparate goals.
When I met Srinivasan at his India Cements office in December 2010, he spoke at length about his business and his passion for cricket: his company had traditionally employed some of India's best cricketers. His story is a reminder of the intertwining of politics, patronage, cricket and money.
The Business Today Best CFO Awards recognise the people who have perhaps the most difficult job in corporate India - heading the finance department - especially at a time when the economy is struggling. Full coverage The search for India's best CFOs begins from another elite list - the BT500 listing of India's biggest corporations by market capitalisation. Kamal Kishore Baheti, Director and CFO, McLeod Russel; Naresh Bhansali, CEO (Finance, Strategy and Business Development), Emami; and A.K. Mukherjee, Director - Finance and CFO, Exide Industries. Yogesh Dhingra, Director - Finance and COO, Blue Dart Express; R. Shankar Raman, Director and CFO, L&T; P. Ganesh, Executive V-P - Finance and Commercial, Godrej Consumer Products; Sushil Agarwal, CFO, Aditya Birla Nuvo and Kailash C. Birla, CFO, UltraTech Cement ITC's Rajiv Tandon has led several initiatives to cut costs, improve margins and boost earnings.
P.K. Bajpai, Director - Finance, Bharat Heavy Electricals Ltd, Ram Singh, Director - Finance, Engineers India Ltd, P. Alli Rani, Director - Finance, Container Corporation of India and Ambarish Raghuvanshi, Director, Group President (Finance) and CFO, Info Edge
Digitise your contacts so you don't have to transfer them manually to your new phone.
Jim Rogers on his own life and why he is betting on Asia, especially China.
Starring: Boris Becker, Sashwati Banerjee, Shashi Kant Sharma, Latif Nathani, Varun Berry, Vivek Ranadive
Sapient India's Rajdeep Endow's first role model was Bhagat Singh
BT receives scores of responses to its case studies. Below is Best Of The Lot the best one on cross-badging of cars (April 28, 2013)