Sun's Long-term Fortune Strategy
This refers to your cover story on pharmaceuticals (Fixing the Ranbaxy Problem, October 23). The author has explained in detail how Sun Pharma has tried to progress after the purchase of Ranbaxy. No doubt Sun Pharma chief Dilip Shanghvi has taken drastic steps to boost profitability, even at the cost of downsizing and lower sales in the near future. However, Shanghvi may have a tough time in expanding into the US market, unless the US FDA issues related to Ranbaxy are resolved. So, only time will tell about Sun's long-term strategy.
Biswaranjan Mishra, Gurgaon
This refers to your interview of KPMG's Global CEO John B. Veihmeyer on developments in the global economic sphere (Businesses want more consistency in regulations across borders, October 23). It was a well-navigated and India-centric interview. The scalability of Indian businesses will largely depend on a resilient policy framework, incentivisation of FDI and FII, concrete infrasruture support and re-skilling of workforce. Kudos to Veihmeyer for his humble and simple answers to post-Brexit issues as they defy forecasting and predictability. India must rewrite its industrial policy resolutions to comfortably entice them to substantially invest in the country. It should revamp its bilateral business treaties to boost exports and jump the Brexit hurdles. He passionately said that business turbulence and managing uncertainty will be the order of the day globally as the problems resist precise definitions to design absolute solutions.
B. Rajasekaran, Bangalore
This refers to The Most Powerful Women in Business (October 9). Indian women have covered a long distance in different fields such as financial services, banks, IT, biotech and FMCG. Still, there is a huge discrimination in corporates as there is a long gap to be bridged when it comes to ratio of men and women in India Inc. We still tend to fill a woman director's post in the board for the sake of it, rather than to really make a difference. Over the years and decades, women have proved time and again that they are second to none. Now it is high time for men to show more humility and start giving their women counterparts equal opportunity and recognition, because it is the woman who makes sacrifices and puts her career on the back-burner for the sake of the family. Bal Govind, Noida