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.
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One of India's biggest watch makers, HMT Watches will wind up soon.
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.
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Condusive climate across states is crucial for manufacturing growth.
In the '80s after Xerxes Desai, moved to Bengaluru and spent the initial days on building Titan from a factory in Hosur.
These companies had an accumulated loss of Rs 55,656 crore (Rs 556.56 billion) in 2012-13.
In the first nine months of financial year 2022-23, India's exports of medical devices have grown by 17 per cent, while imports have declined by around 8 per cent, show the latest data compiled by the Association of Indian Medical Device Industry (AiMeD). However, import of 30 medical devices from China has risen between 25 per cent and 152 per cent during this period, the AiMeD has written to Commerce and Industries Minister Piyush Goyal in March. The AiMeD is an umbrella organisation of medical device makers.
Ajit Balakrishnan on mapping the Business Serengeti.
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.
"What the legislature cannot do is to say that we think the judgment is wrong and therefore we overrule the judgment. The judgment of a court cannot be directly overruled by the legislature," the CJI said.
The company had signed a memorandum of understanding with the state government to set up the plant at an investment of Rs 30,000 crore (Rs 300 billion).
'While censorship of any sort is anathema to the creative spirit, political correctness has become more and more the norm rather than the exception,' notes Uttaran Das Gupta.
'Secularism is associated either with corruption, malgovernance or minority votes.' 'That allows the BJP to construct its own majority vote.' 'It will remain a feature of electoral contests, but it is not the only reason for the BJP's success.'
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
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