- Set up in 1979, Transasia Bio-Medicals now exports diagnostics equipment to more than 90 countries. It aims to improve the diagnosis of diseases in countries that need it the most - the emerging economies - and bring affordable solutions to people who need them the most.
Indians, comparatively, drink very little wine; they prefer liquor which quickly makes them tipsy. There are also other hurdles - the amount of investment required, the scarcity of local technical expertise and various marketing and distribution bottlenecks. Founded by a doctor-turned-entrepreneur, MedPlus is second only to Apollo Hospitals-backed Apollo Pharmacy. Every day, it sells around 600,000 units of medicine across its 1,070 stores spanning seven states. Social entrepreneurship has grown in India because of several factors. Business incubators have arisen to help social entrepreneurs understand the intricacies of business and scale up to attract investment. You may never have heard of Mysore Paints & Varnish, but the company's ink has made its mark at polls in India and elsewhere. In India, the ink is used for elections all the way from Parliament down to municipalities, cooperative institutions, and organisations that, by law, require elections. In the third edition of the BT-Morningstar Asset Allocation Survey, nearly half of all fund managers expect the Sensex to hover between 18,000 and 20,000. A weak rupee and volatile capital markets offer little hope of a turnaround any time soon. The asset sales will release the funds as well as management bandwidth for corporate houses to focus on their main businesses. British Airways and Virgin Atlantic Airways are ready to slug it out in a new ring - India - with the two long-haul airlines looking to expand their offerings and increase their share of Indian travellers flying to Europe and North America. Timeshare pioneer made efforts to increase revenues by adding new members, focusing on nonmember business and offering a wide range of food and beverages options at resorts. A strong social media strategy was drawn up, and human resources given top priority to make a comeback.
A new bill seeks to hold states accountable for the mounting losses of their power distribution companies. A digital secretary, a wallet-size printer, and the latest galaxy offering. The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012 was adopted by both Houses of Parliament recently with an overwhelming majority. It will replace the 120-year-old Land Acquisition Act, 1894. A close look at some key provisions of the new law. There have been a number of senior executive transitions in some of India's top-tier IT companies in the last two-and-a-half years. Not all were performance related. The changes come at a time when the industry has been hit by a slowdown in advanced economies. The battle between McDonald's and Bakshi is the latest of many such joint venture disputes in India in recent years. Each case may have been different, but trust and mismanagement issues lie at the heart of almost all of them. The RBI governor is using the headroom the stability of the rupee has given him to first correct the short-term interest rates, which were being raised by the central bank to kill speculation in the forex market and support the rupee. Tata Sons and Singapore Airlines come together again after a decade and a half. Analysts say the new airlines will increase competition for the existing players. We know the state (Gujarat) has high governance standards… he (Modi) has really worked well in Gujarat and now we expect him to emerge as a national leader, says Harsh Goenka, Chairman, RPG Enterprises, in Business Standard
Many companies have realised that women employees, especially when young, face problems and dilemmas their male counterparts do not. Some women, unable to cope, even give up working. Companies have instituted this system of assigning mentors to prevent this.
Starring: Baba Kalyani, Thomas J. Pritzker, Sarbajit Banerjee, Rahul Munjal, Tara Singh Vachani, Ratan Tata and Kenichiro Mori
Whatever the macro-indices may say, shoppers are still streaming forth this festival season. With discounts and freebies raining down, retailers hope for double-digit sales.
This fortnight we launch the first BT-YES Bank Emerging Companies Survey. It promises to set a new benchmark, just as many of our other surveys have over the years.
Your cover story on the remarkable quadricycle produced by Rajiv Bajaj (The Quadricycle Diaries, September 29) made interesting reading, but reaffirmed my long-held belief that we tend to honour the wrong heroes ignoring the real ones.