'In India, there is this first generation migrant, say from a small village in UP. He didn't go to the Gulf to buy a big house but make the life of his family better.' 'He may have paid 1 lakh rupees to an agent to go to the Gulf. Imagine what will happen to him and his family if he has to come back. He and his family will become poor again.' 'He went to the Gulf to come out of poverty, but this war will make his family trapped in poverty once again.'
Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.
By 10 am, Rakshit N Jagdale is already deep into the rhythm of the day, which promises to be a carousel of meetings, calls, and strategic decisions. As managing director of Amrut Distilleries, he balances ritual and ambition, tradition and transformation, like many other legacy players in India's alcoholic beverages sector who are staring at a rosy future.
As Chandigarh braces for a fierce contest between Congress candidate Manish Tewari and the BJP's Sanjay Tandon, its industry leaders harbour a fervent wish: Replicate the success of the National Capital Region model in this Union Territory.
In the concluding article of a six-part series, Business Standard visits Ludhiana, one of the largest industrial towns in Punjab, to assess the effect of demonetisation.
'We want to make sustainability affordable.' 'We tell everyone, don't just recycle, Craste it!'
'As long as Amul was coming in with products it was not a problem because it was something value added and with a shelf life.' 'When it gets into the local market by procuring locally, it cuts into the market-share of local cooperatives.'
'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'
'Banking is a business of trust.'
One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Kaur, the Union Minister of Food Processing Industries, is the only SAD representative in the Modi government.
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
The state is trying hard to improve ease of doing business by several notches.
The price for pushing the envelope beyond the comfort zone that the land of storytelling is used to is a hefty one, observes Meghna Chadha.
Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.
Get ready to walk into an airport minutes before a flight, check in your own luggage, walk on to the tarmac to board a plane.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
The Indian Army rejected DRDO's INSAS assault rifle in 2010 due to its all-round inefficiency. Now the army is being forced to accept DRDO's Excalibur rifle, which is basically an ungraded variant of the INSAS, to make up for a severe shortage of small arms.
It, however, lags other states on crucial parameters such as health care and rural poverty.
'India, by virtue of its gigantic population and geography, stands at the very front line of this climate catastrophe.' 'But this is a threat that our easily distracted national mind is ill-equipped to think about, let alone plan for,' says Rahul Jacob.
With the stock market entering a bull phase, many believe the Singals can bring in the much-needed equity capital and reduce their debt.
Hackers have begun to emerge from the shadows of suspicion.
Unlike most Bollywood kids whose careers tend to play out in fits and starts, Alia's growth has been swift and steady.
'The transmission sector is going to be the next sunrise industry.'
BJP President Amit Shah -- arguably the second most powerful politician in the nation -- granted a rare television interview to the Network 18 group of news channels. Rediff.com's Rajesh Alva checks out what the BJP boss said in this word cloud assessment of the interview.
Indian economy about to take-off
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Director Anil Sharma gives us an insight into the Deol men, and other Bollywood Greats.
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