- Nobody likes the quadricycle. But its maker Rajiv Bajaj doesn't care. He never did, as he built a company in defiance of what others, including his father, thought.
Should the clothes people wear to work matter at all? Most agree that clothes do matter and there is a crying need for better grooming and dress etiquette at the workplace in India.
How iron, carbon, gold, silver, uranium, titanium and silicon have affected history
There is no doubt that feature phones are becoming smarter to counter the growing popularity of cheaper Android devices. Android, meanwhile, is trying to eliminate the other big barrier for adoption of smartphones - language.
For Jyothy Labs founder and Managing Director M.G. Ramachandran, who had never tasted losses in his career, taking on Henkel India and its Rs 500-crore debt was a first. He turned the company around in two years. Henkel India revenue has since spiralled to Rs 1,100 crore. Websites specialising in group buying deals are floundering. Some have closed, while others have been forced to change their business model. This online photo, and recently video, sharing network has become so popular it has a cult following big enough to sustain a new stream of photography, complete with its trademark square frames and film camera-inspired filters. By merging its PC and printer businesses, HP has consolidated its lead in both segments in India. But there is no room for complacency. The $5-billion Videocon Group is dipping into its oil and gas assets to tide over its debt. The group needs to hurry up and find other ways to financially support its new ventures - or get ready to sell more oil and gas assets, if the economy does not pick up. A Business Today study of more than 6,000 stocks came up with a startling finding: only six of these companies have paid dividends of more than 30 per cent of their net profit in the past decade, as well as outperformed the benchmark index for eight of those 10 years. Critics say the bill is a hurried piece of legislation that rests on an already crumbling programme, the Public Distribution System (PDS), which has failed to provide food security, despite being in place for five decades. The youngest ever RBI governor, Raghuram Rajan, takes over at a very difficult stage in India's economic history. However, economists feel the new governor's initial statement suggests he already has some antidotes to the looming crises up his sleeve. Ursula Burns is the first African-American woman Chairman and CEO of a Fortune 500 company and she wears that badge with some pride. Her logic for that is simple: she needs to inspire others - and get some mileage for Xerox, the company she leads - by standing proudly in the limelight. In India late-August to attend Business Today's Most Powerful Women awards, Burns, spoke with Chaitanya Kalbag and Josey Puliyenthuruthel on Xerox's transformation to a products and services company and her personal journey. Edited excerpts:
Iran gives 90 days credit to Indian oil companies and its crude is cheaper than that from Saudi Arabia and Iraq. It also accepts some payments in Indian currency. Mumbai Metro One, majority owned by Reliance Infrastructure, has told the Maharashtra government that a fare hike was required because the construction cost has jumped 84 per cent from the original estimates due to delays. The Indian economy may be struggling to retain its global footing, but Indian talent has no such problem. More and more executives of Indian origin are making a mark at the global level in multinational companies. First Global's Vice-chairman says India is not the only country experiencing a slowdown. Every single country in the world is sitting on a growth cliff, and has been doing so since 2008. At a time when the Indian economy is facing its worst crisis in a decade, not many would suggest a tighter monetary policy. Leif Eskesen, Chief Economist for India and ASEAN at HSBC Global Research, wants the Reserve Bank of India to do just that. Sources say Shah is buying time not only to extricate himself from the NSEL mess, but also to cash in his investments. Some analysts believe FT could sell its controlling 26 per cent stake in the commodity exchange Multi Commodity Exchange (MCX) as well.
Dhruv Shringi, co-founder & CEO, Yatra.com says being an article associate at Arthur Andersen taught him professionalism and how to take the initiative.
The case study also highlights how often unorthodox approaches of non-sponsor brands managed to steal the show through innovative use of social media and public relation campaigns at the 2012 Games in London.
The trouble is that our policy dinosaurs don't view inflation as a problem or growth as fragile. The result is that investors, both domestic and foreign, who have to deal with the real economy, have lost confidence, writes Business Today Editor Chaitanya Kalbag.
Rajiv Bajaj is not an easy man to write about. He is both rounded and angular, rooted in his yoga and homeopathy while he is ever willing to poke a sharp elbow in the ribs of his competitors.
Starring: Pradeep Singh Kharola, Subrotah Biswas, Joe King, Soujanya Bhumkar, D.K. Sarraf, CEO & MD, OVL
Business Today celebrates the power of corporate women for the 10th time.