The culture clash isn't the only issue - most of the founders are still wary of risky bets while the new management thinks calculated aggression is necessary in the new world of business, says Shyamal Majumdar.
A panel led by the secretaries of the DEA and the DIPP would conduct a quarterly review on the pending proposals.
Prospects are grim for many, as humans and organisations aren't keeping up with the pace of technology. Shyamal Majumdar ponders the future of employment.
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
Whether they live away from their families or with them, all CEOs struggle with work-life balance, says Shyamal Majumdar.
"There have been discussions on implementing UBI in J&K -- not just as a pilot in some districts, but in the entire state, according to Drabu's proposal in the state's Budget," said an official. "Finance Minister Arun Jaitley is also supportive of the idea. A presentation will now be made at the PMO."
The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.
While they have restructured loans, there is still question mark over the success of such a work-out
Some may lose competitiveness due to higher compliance costs
New Development Bank plans to issue $300-500 mn worth masala bonds in rupee: K V Kamath.
This amount is just about 10% of the previous IDS
This can mean companies like Apple, Zara can sell in India through wholly-owned subsidiaries
'He is positive and likes to get work done,' is how a retired bureaucrat described him. 'I assume he will push the reform agenda with strength.'
Major focus will be on adequately funding existing schemes to ensure their timely completion before the next General Elections.
Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.
Most people have this permanent nervousness about somebody separating them from their smartphones.
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
At a time when major economies have increased spending, India will have to do the same.
An exchange which preaches others on governance must start practising it first, says Shyamal Majumdar.
Unlike the Advance Estimates which missed the impact of demonetisation, CEA's survey is likely to have a better take on Indian economy.
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