ITC has extensively reset its strategy and will explore opportunities to craft disruptive business models to set up structural drivers helmed by digital and sustainability for its next horizon of growth and make the company future-ready, chairman Sanjiv Puri said on Wednesday. The company is pursuing an accelerated journey to build a dynamic utureTech' enterprise by investing in cutting-edge digital technologies to shape a new paradigm of competitiveness, create innovative business models and tap newer opportunities, he said while addressing shareholders at ITC's virtual annual general meeting. As part of the next horizon vision, the company is "proactively exploring inorganic opportunities" even as it has shrunk "business segments that were incongruent to our growth aspirations, such as the Lifestyle Retailing Business" while the existing growth platforms comprising megabrands will be scaled up and fortified.
TCS is said to have bagged a multi-million pound contract to support the disclosure and barring services for the Criminal Records Bureau of the UK.
The controversial interaction took place on Thursday when Rahul began taking questions from the audience.
There are not many countries that have high per capita income.
A study by the Brooking Institution compared per-capita gross domestic product and employment data from 2010 to 2011 in 200 of the world's largest metropolitan areas.
The broadening of the market rally sends the signal that growth will be broad-based, observes Akash Prakash.
'The good news is the technology industry is creating a space for you somewhere else.'
Xi's visit to Nyingchi, bordering Arunachal Pradesh, signals China's opening of another front to India in the eastern sector, observes Srikanth Kondapalli, the leading China expert.
But logs in slower rate of growth at 13.7 per cent opposed to 17.1 per cent previous year.
It is hard to escape the feeling that solving the problems of 2020 and 2021 will require something special which at the moment is not on view, observes Aakar Patel.
As many as nine crore people would be out from the state of abject poverty in next 5 years if India could stop inequality from rising and levy a nominal tax on the super riches to narrow the rich and poor divide, a report said.
'Wine is an indicator of the quality of life,' says Alok Chandra.
According to a government survey released for 2011-12 on household consumer expenditure, "The poorest 10 per cent of India's rural population had an average monthly per capita expenditure of Rs 503.49 per month."
BSE-listed companies' market capitalisation reached Rs 197.7 trillion on January 21, against India's nominal GDP of Rs 190 trillion during 12 months ended December 2020.
The earlier forecast expected to see 654 million working Indians overall by the fiscal year ending 2022.
Average salary has grown faster than average business income for three of the last five years. This has implications in a country like India. Most people in India are self-employed, with 51.4% of the population falling in that bracket.
India's economic success is powered by these states.
Make in India and Swacch Bharat initiatives are going to have tremendous impact on the Home and Personal Care industry.
India should focus on how many are living below the poverty line, says Professor of Global Strategy Pankaj Ghemawat.
In urban India, the fall in rice consumption was 0.2 kg per person per month.
As India reels from a severe water shortage, startups have begun offering innovative ways to help people access safe drinking water.
There is a vocal constituency of educated, well-to-do, articulate Indian elites who would rather go with the idea that too much democracy is a liability. That India needs a spell of benevolent dictatorship. Of course, they have never lived under one, points out Shekhar Gupta.
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
Bank of America (BofA) Securities expects India to be the third-largest economy in the world by 2031. The economic rise could become a reality by 2028, but the Covid pandemic delayed the pace, BofA Securities economists Indranil Sen Gupta and Aastha Gudwani wrote in a report.
Rediff Labs investigates the link between environment and economy in countries around the world.
The policy lesson from the complex relationship between income growth and well-being is to accelerate growth.
A record number of 2,129 of Americans died in one single day, the previous highest being 2,074 on April 10. New York has become the epicentre of the country's outbreak with 2,03,020 confirmed cases and 10,842 deaths so far.
The spending on a typical RT-PCR test would take up 23 per cent of the monthly income of an average Indian, compared to 2 per cent in China. This is one of the deepest cuts in the pocket of an individual, in comparison to 14 other countries, reports Abhishek Waghmare.
The study, published in the journal Science on Wednesday, assessed the disease transmission patterns in 5,75,071 individuals exposed to 84,965 confirmed cases of COVID-19 in the two states based on data collected by tens of thousands of contact tracers.
The above map shows the highly consumed meat varieties all over the world from 1991 to 2015.
These nations have faced adversities like consequence of poverty, genocide, years of war, lack of natural resources, poor farm management, and limited access to clean water and health care.
Competitiveness helps states catch up with each other.
The donation by Tata Sons and Trusts is the biggest sum committed by a corporate and its philanthropic arm since the outbreak of Covid-19. Others, including Reliance Foundation, Mahindra Group, Bajaj Group, and ITC, are lending support too in the battle against the pandemic.
Infosys aims to commission 55 MW of solar plants by end of 2016.
Analysts expect firms to shift focus to online platforms to boost sales in these Covid-19-impacted times.
This year's projected increase in per capita (in dollar terms) is nearly double the average 13 per cent growth between 2003-04 and 2006-07.
Per capita availability of milk in India is lower than the world average.
India might be heading towards a "serious livelihood crisis" as the situation seems to be worse this time for the working class amid the COVID crisis and local restrictions by states already add up to something close to a nationwide lockdown, according to noted economist Jean Dreze. In an interview to PTI, he also said the government's target to make India a $5 trillion economy by 2024-25 was never a "feasible target" and was just to pander to the "super-power ambitions" of the Indian elite. About the impact of the second wave of COVID on the Indian economy, the eminent economist said the situation today is not very different from what it was around this time last year as far as working people are concerned.
Shrug off the yoke of the imperialism of Delhi. That is why the DMK manifesto offers what it offers: The promise that Tamil Nadu will, one day, become an independent republic, notes Aditi Phadnis.
'I often see people try to put down China.'
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