Top industrialists have expressed concern over the impact that worsening corruption has on their businesses and said there is no short-cut to becoming a billion-dollar company other than doing things the right way.
He is survived by two sons, Rajiv Bajaj and Sanjiv Bajaj, and a daughter Sunaina Kejriwal.
Kumar will hold responsibility for strategy at the group level.
What is the solution to problems like this? It is probably not more intrusive government regulation. Despite the noises being made in America blaming all finance-sector problems on a lax regulatory environment, it is not clear that more paperwork is the answer.
The ambitious ones stretch themselves to understand the challenges and deliver good results.
An MBA from Harvard Business School, Rishad, 32, joined the company almost two years ago as a business manager in the Banking and Finance division, which was then headed by Girish Paranjpe, the present joint CEO of the company's IT business. During his stint with GE Capital, Rishad was working in the treasury. Industry analysts say that Wipro is adhering to corporate standards, by treating the chairman's son at par with other employees.
There are two major impact of a "transfer raj". First, criteria other than merit often determine the assignments of bureaucrats to specific positions. So the most important positions may not always go to the most qualified or competent bureaucrats. This naturally means that there are inefficiencies in policy formulation and implementation, Harvard Business School's Lakshmi Iyer tells Faisal Kidwai
According to the City Competitiveness report by the Institute for Competitiveness, Delhi is the most competitive.
Pankaj Ghemawat is dismissive of the obsession with growth and scale economies -- he calls them 'dinosaur economics.' He would be much happier if companies considered all components of economic value while assessing cross-border alternatives.
Among the top realty fund managers in India; has also ventured into retail, credit among various other sectors and is investing in dozens of firms
Donald Trump is catering to the basest fears and prejudice of unenlightened Americans -- yes, there are those too, in sizeable enough numbers to elect one of their own as president. That would most certainly not Make America Great Again, asserts Shreekant Sambrani.
Take the Rediff Biz Quiz and find out how much you know about India and its topmost B-schools.\n\n
Does your favourite institute feature in the list?
The method relies on investors - voting with their wallets - to identify the companies they expect to be innovative today and in the future.
From speed dating to listening to thought provoking talks by professor Tarun Khanna of the Harvard Business School, over 800 members of the Network of Indian Professionals recently spent three days in Boston.
'You're going to need talent, skill, and imagination and vision, but more than anything else, you're going to need the ability to communicate authentically, to speak so that you inspire the people around you and to listen, so that you continue to learn each and every day on the job.' Facebook Chief Operating Officer Sheryl Sandberg, one of Silicon Valley's inspiring figures, delivered this inspiring speech at her alma mater, the Harvard Business School, last week.
After a stint in Crisil as chairman, Mohan joined the Mukesh Ambani-led company as executive director in August this year, RIL spokesperson said.
'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
Anxiety is possibly the single largest inhibitor of growth both for an individual and for a corporation, says Thomas J DeLong, Philip J Stomberg Professor of Management Practice, Harvard Business School.
The sense of pride and utter joy by some high profile Indian American alumni of the Indian Institute of Technology, Mumbai, that one of their own Nitin Nohria, had been appointed the new dean of the Harvard Business School was palpable.
Das had been with SAP for over eight years.
'Professors can teach even when they are 90 because they don't lose their skill with words. Go deeper and there's spirituality in it.'
A new law and a new study refuel the H-1B debate.
An increasing number of b-school graduates are exploring tea-based services and products for businesses and some of them have tasted success too.
A day after Indian-American Nitin Nohria was named the 10th Dean of Harvard Business School (HBS), the 48-year-old professor said he was indebted to his alma mater, the Indian Institute of Technology (IIT), Bombay.
Transcript of the chat with ICICI Bank ED V Vaidyanathan.
An alumnus of IIM-A from the 1983 batch, Nanda was a Robert Braucher Professor of Practice at Harvard Law School and later a Harvard Business School faculty member, before he took charge on September 2, 2013.
'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'
Wipro chairman Azim Premzi' son will soon join the country's third largest software exporter.
'We will achieve results maybe sooner than we expect. If resolve and flexibility are shown by the leadership, we will be able to resolve the disputes, including the Kashmir issue'
'His contribution not only elevates our institution but also serves as an inspiring example of how our alumni community continues to drive meaningful change.'
India and the US also agreed to support the efforts of the Harvard Business School and the Indian Institute of Management Ahmedabad to develop a cluster map.
'The Indian media has largely ignored my efforts.'
Can business schools re-invent their role, asks Ajit Balakrishnan.
Udai Tambar, an Indian-origin CEO involved in youth development services in the US, is among 15 experts appointed as members of the newly-formed racial justice advisory board in New York City.
Facing opposition fire for exit polls allegedly being used for stock market manipulation, Axis My India's chief Pradeep Gupta has said he is open to facing all kinds of investigations and it would help do business in a much better way if the government frames specific regulations for pollsters.
Trump is confident the US will eventually emerge the winner from whatever turmoil his policies cause, notes T T Ram Mohan.
'With technology advancing, we should go all out and put up solar, wind, pumped storage, and battery, and make India go green.'
