BUSINESS
Indian lawmakers can’t keep waiting for global consensus on cryptos
A world which can't even agree upon a standard response to climate change, the biggest threat it faces, isn't going to be in a rush to work towards the "common taxonomy and standards" for crypto that finance minister Sitharaman is hoping for
BUSINESS
The Uber saga: The corrosive powers of maverick founders
The likes of Travis Kalanick, Adam Neumann and Elon Musk don’t look back, even if it is to consider the consequences of the actions they have initiated
BUSINESS
Can IndiGo keep its flock together?
The quick turnaround of its planes once they land, a vital cog in Indigo’s low-cost model, depends crucially on its well-trained staff
BUSINESS
Customer Service | For most Indian companies, ‘Customer is King’ only till a sale is complete
An overwhelming majority of Indians say they are dissatisfied with their experiences as customers
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
