Currently, Panasonic India comes under the company's Singapore-based establishment. Other global regions of the Japan-based firm are based out of Japan, North America, Asia, Europe and Latin America.
Of the existing set of potential leaders, Bakhshi was clearly the only choice as he beat out other high-level candidates that included executive directors Anup Bagchi, Vishakha Mulye, NS Kannan, and Vijay Chandok who were lacking the all-round game that Bakhshi has.
Clearly, he is in the right place, at the right time.
The government is expected to defer the mega initial public offering (IPO) of LIC to the next financial year as the ongoing Russia-Ukraine war has dampened fund managers' interest in the public issue, market experts said on Sunday. The government was looking to sell 5 per cent stake in Life Insurance Corporation (LIC) this month, which could have fetched over Rs 60,000 crore to the exchequer. The IPO would have helped meet the curtailed divestment target of Rs 78,000 crore this fiscal.
Bharti Teletech, India's largest fixed line phone manufacturer and flagship of the AirTel Group, on Friday announced its entry into digital set top boxes used for the direct-to-home services with an initial investment of $2 million.
The Noida-based firm's advertisement for its new product, which featured Bollywood superstar and Bharatiya Janata Party MP Hema Malini and her daughter Esha Deol, cautioned against a housemaid kneading flour to make dough, claiming that "her hands might be infected", and instead suggested using the company's product for the same purpose.
The industry is expecting double-digit growth on a year-on-year basis, helped by a possible price correction after softening of raw material inputs and factors such as positive sentiments, pent up demand and improving economic conditions. Besides, a shift in consumer behaviour from price consciousness towards technologically advanced premium products with quality, value proposition and safety aspects leading to a rise in demand for home automation products is making the industry upbeat. With the government's production linked incentive (PLI) scheme for white goods, which has witnessed a committed investment of Rs 4,614 crore, in place, many manufacturers are gearing up to make the most out of the opportunity as well as take steps towards reducing their dependency on imports and make products more affordable.
Experts call for consistency in government policies to enable Indian exporters to frame a long-term strategy.
SRK's persona and brand power has been built over nearly 30 years of public acclaim and love. Brands perhaps believe that his troubles are transitory and that as a human brand he has long legs capable of striding over controversies, explains ad guru Sandeep Goyal.
India's private carrier Kingfisher Airlines, which placed orders for 30 Airbus A320 aircraft worth $1.9 billion at the ongoing Dubai Air Show, has said the carrier would go public to finance the deal.
Most analysts as well as company executives say the rally in commodity prices is ill-timed coming just when firms were recovering from disruptions such as demonetisation & introduction of GST
Stunning images featuring NSG commandos using death-defying spider-man technique for intervention to an insight into anti-hijacking operations are shot by ace photographer Pravin Talan and his associate Rupali Saagar.
"INS Kiltan strengthens our defence system and will be a shining armour in our 'Make in India' programme," Sitharaman said.
Rose growers in South India, mainly Hosur, have for many years spread the scent of love on Valentine's Day around the world. But the world seems to have jilted them for other options this time
Competition is intense and with the blurring of differences in service proposition and fares, it becomes imperative that airlines use their on-time performance for messaging and brand building.
The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
Big, Bold and Smart. That's what the MG Hector radiates when you first see it.
Loans for Indian airlines have dried up as banks have become cautious to lend to the sector.
If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it will have pulled off a bigger coup than Ajay Singh did with SpiceJet in 2014.
A series of flip-flop on policies and a non-existent charging infrastructure are the biggest challenge in achieving the target of selling 6-7 million hybrid and electric vehicles by 2020.
This season, the nature of the advertising game has changed dramatically with TV and digital rights going to different entities.
The firm has bought three choppers from Airbus.
The two-acre office complex under construction on the outskirts of Delhi will be home to about eight hundred company executives. Special care is being given to air purification and the building will be equipped with a three-stage air filter system.
He urged people not to panic and clarified that there was no change in the guidelines for international air travel so far.
Some of its subsidiary airline JetLite's pilots have quit.
By any economic theory or doctrine, this is no Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus, declares Rathin Roy.
The Directorate General of Civil Aviation (DGCA) is probing the incident of an Air India flight, AI 123, from New Delhi to Rome losing radio contact over Italy on October 16.
The Hiroshima event is not just about the 10,000-odd lanterns that float down a river. It is about remembrance. It is about dignity. It is about respect. It is about love, observes Sandeep Goyal.
The Bengaluru skies dazzled with somersaults and stunts by metal birds.
IndiGo's president and director Aditya Ghosh apologised for the incident and said stern action was taken against an airline staff for manhandling the passenger.
Talk of a blackout by other news channels in solidarity remained inconclusive because of the heavy news agenda on that day.
Jet Airways has complained to India's aviation regulator about the use of its livery on SpiceJet aircraft, saying the practice could "mislead the public" and is a safety hazard. Jet collapsed in 2019 and lessors repossessed its Boeing 737s. Some of these aircraft were leased to SpiceJet, which operates them without changing the livery. Jet, which is now being revived by the Kalrock Jalan consortium and aims to restart operations in September, has asked the Directorate General of Civil Aviation (DGCA) to ask SpiceJet to stop using its livery.
Airports hold pride of place in the government's National Monetisation Pipeline (NMP) programme to monetise public assets. Private airport operators, including the Adani group, Fairfax, GMR and Zurich Airport, are expected to evince interest in the next round of public private partnership (PPP) development of state-owned Airport Authority of India (AAI) airports. Industry analysts, however, do not expect bids to be as high as the last round, which saw Adani group gain control of six airports.
Kate Forbes studied at Woodstock School for 3 years, and lived in India for 8 years. 'She has a heart for service and we are excited she has reached great heights at such a young age,' said her teacher Sanjaya Mark.
As the curtain come down on 2022, Roshmila Bhattacharya flashbacks to some of the year's news-makers and events.