Successors work hard, and many of them succeed and stay for many years. 'But when they don't it is best to be civil and part ways than seek confrontation which might prove acrimonious and futile.'
In this era of online commerce and virtual shopping, Raymond Ltd, one of India's oldest textile manufacturers and retailers, has tailor-made an offline strategy to maintain a strong foothold in the tier III and IV towns. Samreen Ahmad reports.
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
India serves as the company's R&D hub as it morphs into a health tech major.
Jyoti 'Jay' Chaudhuri, general counsel and senior adviser to the state treasurer of the US state of North Carolina, was elected chairman of the board of the Council of Institutional Investors, last month.
The delivery channel of India Post is being utilised primarily for small towns and cities.
The report analysed product launches of 2011, their success over three years, and reported 31 of the 14,509 products introduced that year were received well by consumers.
Realtors, consultants and foreign universities vie for big share.
AirAsia says deal not violative of shareholder agreement.
'He should bring in a working president from outside the family.'
US-based $40-billion industrial goods giant Honeywell has just launched its 16th plant, a hydrocracker unit with application in oil refining, in India. The two years of Modi government have been full of optimism and energy, Anant Maheshwari, president, Honeywell India, and Steve Gimre, managing director, UOP India, tell Sudheer Pal Singh.
Parliament on Tuesday hailed A P J Abdul Kalam as the "real gem" of India, saying the death of the former President has taken away its "true son" who became the driving force behind the country's space and missile programme.
No date has been announced for Air India's induction into the club of more than 28 leading carriers
While Visa and Mastercard slug it out for leadership, analysts say RuPay has the potential to cause disruption and eat into their market share.
With India poised to become the largest economy in the world by 2030, it cannot afford to leave half of its workforce behind.
Many companies are putting HR's reputation as a back office administrator to rest by either outsourcing or automating most administrative tasks.
The deal which is worth 7.87-billion (Rs 58,363 crore) comes with a saving of nearly 750 million (Rs 5,611 crore).
Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.
Brotin Banerjee, managing director and chief executive officer, talks to Business Standard on how the e-commerce space has broken down the barriers between a buyer and a seller.
For existing technologies, unless appropriate financing is available, deployment at scale is difficult.
In a first, a public transport facility is beating its own drum.
Vistara is keen to take to global skies.
Model 3 received 180,000 orders worldwide.
'If we chose to do the right things, it is possible to avoid job losses at a mass scale,' ABB MD Sanjeev Sharma tells Raghu Krishnan.
Come May, the Deltin Royale, which boasts of the country's largest poker room, will play host to India's first Poker Sports League.
How did the Kwid become an Indian success story?
Why Dalit leaders cross over to the BJP
'The money is safe with the payment services solutions provider'.
Attorney General Mukul Rohatgi's stand that AMU is not a minority university reveals the anti-minority stand of the political party now in power, says Mohammad Sajjad, outlining the long history behind one of India's premier universities.
India Inc has few leaders who are likely to grab headlines in 2015.
Apple has not divulged much specific detail on HealthKit, which is expected to be incorporated into the iPhone 6 come September.
Men and women from mofussil India are buying designerwear either on their laptops or their cellphones.
Overseas education consultant NNS Chandra offers advice on everything you need to know about pursuing an international education.
'Counter terrorism does not appear to be good guys fighting the bad ones; it is about people being picked up, detained and charged with crimes they did not commit.'
'Pakistan's recent utterances and tendency to use pinpricks to try our patience appear reminiscent of 1965. We are a strong nation, emerging stronger,' says Lieutenant General Syed Ata Hasnain (retd).
Drones are being sold by e-retailers like Flipkart and Snapdeal for less than Rs 40,000 apiece.