Indian Railways has achieved nearly 100% track electrification but does not have enough electric locomotives. IT has now turned to private players to fill the demand-supply gap.
It appears apposite that the RBI should prescribe remunerative tools that align the non-executive directors' incentives to the banks' creditors and taxpayers.
Land availability is one of the core structural issues that impact almost all the infrastructure sectors.
Training programmes across various levels is the norm in every organisation. Managements always worry whether their employees take them seriously or just view them as good fun away from the work desk.
When the company does not consider any involvement necessary from shareholders on the nature of the payout, a bonus issue or a cash dividend is approved. It is only when the company wishes to give shareholders an option, that a buyback is proposed.
Appraisals are seen as a necessary evil that they have to go through, come April-May every year.
Recently, I was part of a panel which looked at presentations of senior personnel from a leading organization. These people were being considered for heading a new business vertical that this organization was setting up and the presentations were part of the evaluation process. The candidates were presented with case studies which aimed to test their strategic and customer focus and there were personnel/ culture questions posed which tested their leadership styles.
Suresh Rajagopal, co-founder and CEO of Mumbai-based Consumerge Wealth Managers, analyse three different styles of functioning that bosses have which very often lead to conflicts.
It has been an interesting past few weeks, with the build-up to the elections in full fervour. Varied parties, myriad issues, a plethora of 'healthy' demands - the conversations, scrutiny and analysis have been like never before.
What is in common between the municipal corporations of Vadodara, Thane, Chennai, Coimbatore and Rajkot? They have all understood the importance of Light-Emitting Diode (LED) streetlights and have sensed the need to replace conventional streetlights with LED ones in their regions.
In a welcome development, the committee has suggested fundamental changes to current regulations, aimed at improving predictability, clarity and deterrence. Investors in capital markets rely on the concept of fair dealing and efficient markets, and this is exactly where the malady of insider trading strikes, eroding investor confidence and the integrity of the price discovery mechanism.
A strong middle management also provides organisations with a pipeline of future leaders. Besides, a strong managerial cadre also offers the added benefits of providing much needed continuity and low attrition.
One of the most applauded aspects of the new company law regime is the mandatory social spending requirement. Faced with innumerable economic and social challenges as our country is, our lawmakers could not have ushered in a more revolutionary change through the new law.
Companies are finding that the key to improving productivity, business responsiveness - and innovation - is to deliver collaborative tools in a consistent, simple, and meaningful context that accommodates work style preferences.
With so many variables across the value-chain, undertaking any infrastructure project is complex. Optimum-sized projects are easier to implement and manage, and their financial closure can be achieved faster. In infrastructure, even 'small' is big enough.
The government will have to take this outstanding dispute head on and resolve it one way or other so as to send the clear message to international investors that India means business, writes Sanjay Sanghvi, partner, Khaitan and Co.
Ranen Banerjee, Executive Director - Public Sector and Governance, PwC India says it will be a good practice if one puts the growth in budgetary allocation not only with respect to revised estimates of the previous year but with respect to budget estimates of the previous year as well.
There is hardly any doubt that India could have seen its prime indirect tax restructuring ever had the Goods and Services Tax (GST) come into force, says Arpan de Sarkar.
No doubt the growth of the Indian pharma industry will continue to be in double digits, but it is also becoming difficult for domestic companies to survive in the current scenario, writes WNS Global Services' Deepak Wadhwa.
The proposed legislation could be a game changer and could certainly assist the falling rupee and the wide current account deficit.
Traditionally, any responsible central bank would tighten the monetary policy when fiscal profligacy is observed. But if it impinges on growth and unemployment, then the monetary stance probably needs to be boldly revisited, writes guest columnist Charan Singh.
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