Interview with chairman of Godrej group.
In a wide-ranging interview with Abhineet Kumar, SCI chairman and managing director S Hajara discusses the problems facing the shipping industry.
India Investment Banking chairman V K Bansal spoke to Abhineet Kumar on various issues related to equity capital markets
Vedika Bhandarkar, managing director & head of investment banking, recounts how even in a supposedly bad year, the bank raised about Rs 1,00,000 crore (Rs 1,000 billion).
Sanjay Bhandarkar, managing director, N M Rothschild & Sons (India), believes India may see an increasing number of non-friendly deals as the markets correct themselves and valuations become more attractive.
Historically, such large years are not followed by another huge year. So, strictly going by that, we should be less enthusiastic, says Pankaj Vaish, MD, Nomura Financial Advisory.
"When we are building businesses with a long-term view, we are less concerned about short-term impacts. The basic growth in India, the high savings rate and low penetration of financial products suggest there is a huge yet-to-be-tapped opportunity. We believe this is a good time to be building businesses to tap that potential," says Ajay Srinivasan, CEO, Aditya Birla Group's Financial Services.
Five people, including employees of a co-working space provider, were arrested on Saturday for alleged negligence that led to a lift crash which resulted in injuries to nine staffers of an IT firm, police said.
The Aditya Birla Group announced the merger of its two holding companies, Aditya Birla Nuvo and Grasim, to make the holding structure clearer, ensure stable cash flows and unlock value in its financial services arm
'The focus for value creation will be on all business segments.'
The multi-brand strategy could drive profitability to a 25% profit margin in the next five years from 17% now.
Self-proclaimed heir of Rani Rashmoni, lottery baron join businessmen in the list of MP-aspirants with assets worth over Rs 100 cr, reports Abhineet Kumar.
The expansion into smaller towns is coming at a time when the online retail space has not only seen consolidation but is actually looking to collaborate with physical stores. Abhineet Kumar reports.
'And the top 10 per cent will grow because they have to serve the market.'
The commercial vehicle business is one of the mainstays for the Tata group, highlighting the importance of Girish Wagh's appointment.
It is unrealistic to expect that change will happen in one year: Birla
CEOs are not happy with scorecard so far but are ready to invest more as they think one year is too short a time to revive the economy
He's betting big on small stores to help him reach 10 million households by FY21, report Abhineet Kumar and Raghavendra Kamath.
Real estate will prosper, small developers won't.
And the way to a cure begins with conversation.
Tata Steel is fine-tuning strategies to enhance revenues.
'Younger people are taking steps to prevent lifestyle diseases.'
'It is fascinating to partner with consumers on the journey of self-discovery and to help shape people's preferences -- that is what I find most exciting,' Nandini Piramal tells Abhineet Kumar and Aneesh Phadnis.
Over Lebanese delicacies, the daughter of billionaire Kumar Mangalam Birla talks money, relationships, her passions and how she outpaced her peers.
Only 11 antibiotics in clinical trials have received qualified infectious disease product status from the US FDA, of which five are Wockhardt's drugs.
Gaurav Deepak has raised funds for about 100 new-age entrepreneurs.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
Modi government has to come up with a robust economic agenda to impress the masses.