As he uses the Ranbaxy money to expand his other businesses, in India and abroad, this young scion is clear about one thing -- he's not going to fight battles he can't win.
How President and Managing Director Karl Slym is steering General Motors India after its US parent filed for bankruptcy.
The defence ministry has signed a memorandum of understanding with the Ministry of Communications and Information Technology under which the armed forces will immediately release 10 MHz of 3G spectrum and 5 MHz of 2G spectrum.
One reform that Malvinder couldn't do was that of the company's board of directors. For long, doctors and scientists have been inadequately represented on the Ranbaxy board. The new owner will have to address this problem.
The quest for fortune at the bottom of the value pyramid has driven Philips to markets no multinational lifestyle company has seriously served so far.
Indian CEOs are increasingly finding representation on some of the world's most influential policy bodies.
Bharti loses 24% in 2008 compared to 62% for Tata and over 73% for ADAG. He tried to light an oil lamp with a candle, but somebody had put in too much oil. The wicks were soaked and refused to catch fire.
The economic slowdown, which has come like an avalanche in the last few months, has changed the way the country's top management consultants do business.
A-Star, Suzuki's new world car that will be made only by its Indian subsidiary, Maruti Suzuki India, will have four different names in markets across the world, which will indicate the role it is expected to play in the Japanese car maker's stable as well as of compatriot Nissan Motor.
The programme in India takes in 25-odd executives who have already worked for a few years. Upon passing out, they are expected to be future 'growth' leaders at GE, which earns about $2.6 billion (Rs 12,135 crore) in India a year and employs over 14,500 people across the country.
Mobile telecom service providers are up against a new problem -- unidentified operators have been found to take out subsidised handsets from their 'bundled' connections and ship them to overseas markets at significantly higher prices.
The Standing Committee on Emission Regulation - under the Ministry of Shipping, Road Transport & Highways - today approved addition of hydrogen to CNG (compressed natural gas) for use in vehicles. The proposal is to use CNG with 20 per cent hydrogen content.
Cheap imports from China threaten to punch a huge hole in the business of local automobile component makers.
Bhai Mohan Singh came to Delhi from Rawalpindi after the partition, having made big money in road contracts in the northeast region during the Second World War. He was soon in business, lending money to companies based in Delhi. It would be difficult to tell if he would have shared the elation of his grandson, Malvinder Mohan Singh at the family's exit from the company today.
When you are the leader, you have to set the pace for the industry
Maruti Suzuki India, which last year dropped Udyog as its middle name and appointed its first Japanese managing director, has set up a new management structure installing five Indians in crucial decision-making positions. This layer forms the second rung of the company's executive management, just below managing director S Nakanishi. Earlier, when Jagdish Khattar was the managing director, he was the only Indian in the top management.
Already the largest foreign bank in India, Standard Chartered has sought the Reserve Bank of India's permission to open 100 rural branches, which are in addition to its annual plan of 40 new branches and 300 ATMs this year, which it has submitted to RBI for approval. The bank, which now has 83 branches in 33 cities in the country, has announced that it is investing $250 million to take its total capital base in India to $1.9 billion.
Boeing is eyeing commercial aircraft orders worth over $40 billion in the next 20 years and defence sales of another $15 billion over the next ten years from India and has drawn up ambitious plans to source products and services from India to stay competitive globally. In a little over one year, Boeing has inked five agreements with top IT and engineering companies, which will result in key components for its civilian and military aircraft being manufactured in India.
The 5-seater utility vehicle might have an 800 cc or 1200 cc engine.
The Act provides that companies with assets of over Rs 1,000 crore (Rs 10 billion) and a turnover exceeding Rs 3,000 crore (Rs 30 billion) will have to obtain approval from the CCI for a merger, acquisition or amalgamation within 30 days of the deal. Smaller companies will have to seek permission if their parent company's assets exceed Rs 4,000 crore (Rs 40 billion) and the turnover Rs 12,000 crore (Rs 120 billion).
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