BUSINESS
Indian IT’s digital business will be the bulwark against the coming slowdown
Digital now accounts for a significant part of IT leaders’ revenue. For Infosys, digital’s share of its business is now 57 percent of its revenue and contributes 41.2 percent of its annual growth. That’s about the same for most major firms though for many newer firms like Happiest Minds it is much higher
BUSINESS
Conglomerate model is copping the blame for companies’ non-performance
Underperformance of some units may be a bigger reason for these companies to look for a radical solution, than the discovery of some fundamental flaws in the conglomerate model
BUSINESS
LIC’s IPO woes began long before its listing
The urgency needed for an issue of this size and strategic intent was missing for almost two years and by the time it dawned upon the government that the sale was in serious danger, it was too late
BUSINESS
Cement is the pickaxes and shovels of India’s infrastructure rush
The huge infrastructure programme of the government and the return of investment demand in the private sector is good news for the cement industry
BUSINESS
It’s the season of plenty for recruiters as India Inc searchers for leaders
With the talent pool in India not large enough to cope with the rising demand, the net is being cast overseas, including to hitherto unlikely sources
BUSINESS
The coming winter of discontent for Indian startups
PE and VC firms, the moneybags of the startup ecosystem, are beginning to turn off the funding spigot as their own stresses mount
BUSINESS
Salil Parekh’s salary is merely a reflection of Infosys’ performance
By approving a mega-compensation package for Salil Parekh, its CEO for the last four-and-a-half years, Infosys isn’t just rewarding his performance but also correcting a historical wrong
BUSINESS
Renault's, McDonald’s exit from Russia is significant symbolically but not materially
For McDonald's gesture to really count, the large auto and tobacco companies have to follow suit
BUSINESS
LTIMindtree may not be the answer to L&T’s 10-year search for scale in IT
Post the merger, LTIMindtree will have aggregate revenues of around $3.5 billion, well short of Tech Mahindra’s $5.1 billion, and way out of the league of the big boys like TCS, Infosys, HCL and Wipro, among the home-grown IT majors
BUSINESS
Biki Oberoi is best remembered for his attention to detail
Biki Oberoi paid attention to the small things like the choice of cutlery or the bathroom fittings; he was obsessed with customer satisfaction rather than grand corporate moves
BUSINESS
Holcim’s exit: Financial muscle no longer a trump card for MNCs in India
In a business where logistics accounts for nearly 15 percent of the total costs, the logic of an MNC competing with strong local players falls flat
BUSINESS
L&T’s moves in IT have so far been short on ambition
If L&T is looking upon IT as a major driver of its business, a likely merger of group companies merely moves the needle incrementally
BUSINESS
Infosys’s decision to exit Russia after the UK row is poor optics
The company had a skeletal presence in Russia implying little impact of the exit on performance, but the timing raises questions on why it took that decision
BUSINESS
India’s business families need women power to meet fresh challenges
For their own good, traditional families are realising the tremendous gains from having female leaders
BUSINESS
Amid COVID recovery, megamergers will be commonplace
With growth in digitisation and new competitive pressures, managements are rushing into mergers and acquisitions to shock-proof their companies
BUSINESS
Not all splits are inimical to business family interests
A clean break helps separate the wheat from the chaff, allowing the more competent of the family members to carve out an independent business career without the burden of a dysfunctional part to drag them down
BUSINESS
Rajesh Subramaniam’s rise at FedEx sets the template for Indian Americans’ success
The growing success of Indians in Corporate America may be attributed to the brutally competitive Indian school system, an understanding of technology and loyalty to one's company
BUSINESS
India’s business families have unique values that are worth emulating
In a world where multinational corporations and professional managers think nothing of resorting to mass layoffs to lower their costs, some of India’s business families serve as excellent models of placing human beings before shareholder returns
BUSINESS
Zomato’s 10-minute food delivery plan is a solution in search of a problem
Simply put, it’s just a marketing gimmick, but one that could go badly wrong
BUSINESS
Business families have provided the ballast for Indian industry
While there are many independent and professionally-managed companies that have done well for their stakeholders, without the families, much of India’s post-liberalisation industrial progress wouldn’t have been possible
BUSINESS
Indian IT should amp up its ambitions
Recent events present the perfect opportunity for India’s most globally competitive sector to leverage its dominant status for exponential growth
BUSINESS
India’s business families reflect the changing nature of Indian families
Today, the Indian business family looks very different from the previous era, and very similar to the society in which it operates. Indian families are increasingly going nuclear, shrinking in size, and becoming more heterogeneous
BUSINESS
Dish TV's belligerence is a sad commentary on the power of the regulator
As the results of the voting now show, shareholders had rejected all three resolutions placed before them on December 30, 2021. Continuing with business as usual was a clear travesty of the rules of corporate governance. Yet for months, Sebi could do little to enforce those rules
BUSINESS
Founder’s curse: The fatal flaw that has undone many an entrepreneurial journey
The stronger and charismatic the founder, the weaker the organisation in its second generation, says a new research paper. Indian business is replete with examples of strongman founders destroying the organisations they’ve built
