Anatomy Of Successful Strategic Leaders
They help build a collaborative culture, nurture talent, drive change and work as enterprise guardiansFrom Reactive To Preventive Wellness
Focus should be on preventive product development to help promote people's wellness over a long periodWe Need To Diversify Beyond Kiranas In India
LOTS Wholesale Solutions is a late entrant to India's cash-and-carry market, having started in January 2017, years after formidable rivals such as Metro and Walmart entered the country. It has been very aggressive though - starting its first three stores within seven months and chalking out a plan to open 15 stores within three years. A subsidiary of Siam Makro, the cash-and-carry player with a long history in Thailand, it is part of the CP (Charoen Pokphand) group. Tanit Chearavanont, Managing Director, LOTS, responsible for cracking the Indian retail market, speaks to Business Today's Prosenjit Datta about how he plans to go about it. Edited excerptsWhy is Ajay Piramal exiting the Shriram Group of companies in which he invested heavily only six years ago?Drug regulatory reforms in China have turned the heat on the Indian pharmaceutical industry and raised the cost of bulk drugs. But some firms have managed to turn the crisis into an opportunity by filling in the space left by the Chinese.Natural calamities have become a way of life, but the Indian infrastructure is yet to become resilientHuawei is under fire globally and its future in India is not yet certainJet Airways might be heading for bankruptcy as it seems to have lost the chance to secure a buyer
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