Indian businesses' weak ability to compete overseas says much about the infirmities imposed by the intensity of government dominance of economic policy and the nature of this dominance, observes Kanika Datta.
Leading industrialists met with Prime Minister Manmohan Singh (not in picture) in New Delhi on Thursday to discuss the general state of the Indian economy and other industry-related matters.
'Nehru once told JRD, "I hate the mention of the very word profit".' '"Jawaharlal, I am talking about the need of the public sector making a profit!" JRD replied.' 'Nehru reiterated, "Never talk to me about the word profit, it is a dirty word".' A fascinating excerpt from Shashank Shah's The Tata Group: From Torchbearers To Trailblazers.
Modi targeted Congress's president-elect Rahul Gandhi, saying he was born with a "golden spoon" and has not seen poverty.
NRI industrialist Swraj Paul-owned Caparo Group, a key vendor for Tata Motors' Nano project, is setting up a Rs 120-crore (Rs 1.2 billion) facility at Singur to supply sheet metal and vehicle frames for the world's cheapest car -- due for commercial launch later this year.
The actor seems to be in love with the new car, launched by the Tatas.
"India and Indonesia can do much more in the changing world," Sharma said at a reception hosted by the India-Indonesian Chamber of Commerce last night.
Industry is of the view that rising interest rates is increasing the input cost as loans are getting costlier.
Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.
An eclectic mix of Radias, Ambanis and Akulas hogged the headlines this year, with many an unfolding plot promising eventful corporate tales in 2011.
After extracting an assurance from the government that there would be no legislative action for job reservation in the private sector for SCs and STs, corporate houses have favoured their skill upgradation as part of affirmative action to fulfil thei
Civil society may be better off lobbying for faster liberalisation than another cumbersome institution.
After engaging in a war of words with industrialist Ratan Tata, Rajya Sabha member Rajeev Chandrasekhar has now given a 7-point agenda to Telecom Minister Kapil Sibal suggesting that the ministry be made "free of lobbyists and wheeler-dealers" to clean up the sector.
'In today's economically integrated world, economic relationships constitute the bedrock on which social, cultural and political relationships are built,' the minister tells the US-India Business Council in Washington, DC.
The Ambani brothers, Mukesh and Anil, will share dais at Vibrant Gujarat Global Investors' Summit (VGGIS) beginning in Ahmedabad on January 12.
Minister of State for Civil Aviation Jayant Sinha emphasised that the brand name has both sentimental and economical value.
Amid the bitter war of words between the Congress and the Bharatiya Janata Party, Rahul Gandhi on Monday accused Narendra Modi of being discourteous to his opponents, adopting double standards on corruption and favouring select industrialists.
Other noted personalities to be bestowed with the Padma Vibhushan include noted playback singer Asha Bhosle, chess wizard Vishwanathan Anand, mountainer Edmund Hillary and industrialists Ratan Naval Tata, Infosys mentor N R Narayana Murthy, steel tycoon Lakshmi Narayan Mittal and hotelier P R S Oberoi.
No-frills carrier IndiGo has expressed interest to buy Air India
Corporate India will make their presence felt in big numbers in Bharatiya Janata Party's PM candidate Narendra Modi's rally at Mumbai's Bandra Kurla Complex on Sunday, reports Prasanna D Zore.
An industrialist, I am also interested in horse-racing.
India Inc on Tuesday sought tax cuts in the forthcoming Budget, even as it asked the government to move towards an effective goods and services tax rate of 15 per cent in the next few years.
Silicon Valley is gearing up to host a conference of scientists, engineers and executives, Nobel Laureates and industry head honchos from India and US on June 22 to 24 to be organised by the Indian Institute of Science Alumni Association of NA.
The affected community must share in the gains from the use of its land for development.
Pawan Ruia has finally done it, a beaming Buddhadeb Bhattacharjee, then West Bengal chief minister, had said at the reopening of the 70-year-old Sahagunj factory owned by Dunlop in 2005. But with the Calcutta high court passing a winding-up order in 2013 and the Trinamool Congress-led state government passing a Bill to take over the company in 2016, the once-upon-a-time undisputed leader in the Indian tyre industry looks vastly undone. But that can hardly be a deterrent for Ruia, who has a penchant for making headlines one way or the other.
In the university category, IISc stood first, followed by JNU and BHU.
It epitomises a significant opportunity lost, just when the state was beginning to shed three decades of leftist inhibitions in favour of economic reform.
The Shiv Sena has particularly been upset with Prime Minister Narendra Modi and has repeatedly attacked him.
Days before US President Barack Obama's high-powered visit here, the US-India CEO Forum has been reconstituted with Cyrus Mistry replacing Ratan Tata as its co-chairman
'The urge to name the upcoming Navi Mumbai airport after well-known personalities and the equally strong urge to rally in large numbers supporting this name and that; all of this amidst COVID-19, felt deplorable,' asserts Shyam G Menon.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
Prime Minister Narendra Modi is not taking along an industry delegation to the US but top representatives of India Inc are likely to travel to New York and Washington to be part of the power-packed business meetings and receptions being hosted for him.
The actor was in interesting company when she walked the ramp, Sunday, for Mumbai's designer-politician Shaina NC.
Rahul Gandhi also attacks Modi and RSS in Bastar.
Promoters have not proved they mean well for the community.
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Can the leaky public distribution system, or PDS, deliver the subsidised grain to two-thirds of the population?
Former Trai chief lashes out on CBI, ministers in 2G scam
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