An air of urgency has been visible at the Mumbai headquarters of the
second-largest Indian pharmaceutical company by sales, Lupin Ltd, for
the past three to four years.
Samina Vaziralli, grand-daughter of Cipla's founder Dr Khwaja Abdul
Hamied, had taken a break from her professional career as a banker.
At a time when Big Pharma is desperate for blockbuster breakthroughs and
viable business strategies, one Indian firm is basking in the knowledge
that its leadership baton will be passing into younger hands.
Arjun Juneja joined New Delhi-based Mankind Pharma in 2008 after
completing his Bachelor of Business Management from the University of
Bradford and MBA from the University of Strathclyde, UK.
Unlike many of the India Inc. successors who had got smoothly running
companies on a platter, Habil Khorakiwala's younger son Murtaza faced a
Kiran Divi and Nilima Motaparti are under the spotlight. Indeed, all
eyes are on the son and daughter of Divi's Laboratories founder Murali
Divi. The stents that Abbott and Medtronic wanted to discontinue had a price tag of Rs 1,00,000-plus.
On a Tight Leash Investors looking for treaty shopping may meet with failure as government hardens stance on tax evasion.
Private NPAs Even new generation private sector banks are showing asset quality deterioration in stressed sectors.
Fresh Stress Banks face more pain as RBI seeks higher provisioning for even standard assets in stressed sectors.
Forecast Flaws Even spot-on monsoon predictions leave out details that can hinder crop prospects. The mandate of NITI was to adopt a planning process with greater
perspective, instead of the erstwhile Planning Commission's prescriptive
plan and non-plan allocation based approach.
Runway to Nowhere Bereft of passengers, money and favourable policies, regional airlines are dying.
A Long Haul There has been a significant uptick in the number of projects being revived over the past three years. but the road to broad-based recovery is distant amid low domestic demand.
Goodbyes and Soft Landings Asking employees to leave may be inevitable, but companies can make the process less unpleasant and disheartening.
Bucolic Bonanza Corporate India rushes to cater to the resurgence of rural demand following a year's good monsoon and supportive government actions.
The Cutting Edge A mens grooming start-up has revived a classic product to make sure traditional shaving is back in style .
upfront Kia Motors Corp, a unit of Hyundai, will invest $1.1 billion in Andhra
Pradesh to build its first manufacturing facility in India.
calendar The fintech sector has been one of the biggest recipients of start-up funding, attracting $2.5 billion since 2010, of which 86 per cent has come in the last three years alone. In 2016, though, things seem to have eased a bit.
New Tools These less-discussed applications of fintech can transform microloan pricing and personal finance, leading to fair lending and wider inclusion
"There should not be any levy on digital transactions" Andhra Pradesh Chief Minister N. Chandrababu Naidu was the prime mover
behind Cyberabad, the information technology hub that hosts global
giants such as Microsoft, as an extension to the twin cities of
Hyderabad and Secunderabad.
Cost Control Several government steps over the years have made digital payments affordable.
Digital Highways The transition to a cashless economy requires building a safe and secure payment infrastructure. Promoter ousted as lenders seek a management change. Know how to ace mobile photography with these simple editing tools and filters.
Bigger, Better Samung Galaxy S8+ is the complete package - high on looks and big on performance. Over the past fortnight, Mukesh Ambani and Reliance Industries have been in the limelight. Ambani reclaimed his spot in Forbes' list of the world's richest people - the business tycoon is now the 20th richest man in the world. Letters to the Editor business today magazine Sari Brody, Global Diversity and Leadership Manager at IKEA Group, tells Sonal Khetarpal about the company's continued emphasis on diversity and inclusion. In the din of rapid-fire announcements around defence tie-ups for
manufacturing in India, the 17.8-billion BAE Systems has made two very
significant breakthroughs that have the potential for multi-year orders
from India's defence forces. The post-Independence Indian pharma industry was really created by a
generation of scientist-entrepreneurs who took advantage of the two
changes made by the government in the 1970s. The private sector should be given incentives to reduce greenhouse gas generation The book takes you back to discussions, characters and moves that shaped the first century of the Indian Railways.
Rooted in Reality Business leaders can learn from the author's experiences in setting up a successful business despite setbacks.
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