Let's work flat out and create a policy framework that fosters the growth of Indian non-family business VC and private equity firms. This will allow our Indian startups' dreams to flourish, explains Ajit Balakrishnan.
BRPSE's new chairman Nitish Sengupta has suggested that at least three ailing companies, which have been referred to the board, hive off some of their land and get into real estate development to become profitable again.
One of India's biggest watch makers, HMT Watches will wind up soon.
In the '80s after Xerxes Desai, moved to Bengaluru and spent the initial days on building Titan from a factory in Hosur.
Condusive climate across states is crucial for manufacturing growth.
Even though HMT has survived for over 50 years, it failed to find a new peg to sell itself even as later entrants captured market share.
Ajit Balakrishnan on mapping the Business Serengeti.
These companies had an accumulated loss of Rs 55,656 crore (Rs 556.56 billion) in 2012-13.