As a tech services company, Ola has never been in hardcore manufacturing. And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players. But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projections.
In the era of the fourth industrial revolution, mere tinkering with existing government procedures will not enhance India's economic competitiveness, says Pranjal Sharma.
A key lesson for the pharmaceutical sector in this case is to not downplay the significant impact that regulatory non-compliance can have on operations.
'We are going to be overwhelmed by the need for hospital beds. There are simply not enough beds in government hospitals.' 'We will need a large number of medical professionals and without the private sector's involvement, the government won't be able to expand capacity.'
Currently, 100 per cent FDI is permitted in brownfield pharma firms through clearance from the Foreign Investment Promotion Board.
Reliance is leveraging the technological change of building a virtualised 5G network which would see the current hardware-dependent networks shift to software-centric platforms.
Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO Bhavish Aggarwal said. In an email to employees, Aggarwal made it clear that the prognosis ahead for the business is "very unclear and uncertain" and the impact of this crisis is "definitely going to be long-drawn for us".
The model, which will compete with the likes of Hyundai Verna, Maruti Suzuki Ciaz and Skoda Rapid, now features smart devices ecosystem including Alexa remote capability and 32 connected features as standard feature across all variants with a five-year free subscription.
The investor has now put together a fund of $3.75 billion to back private companies.
The McKinsey report said faster employment growth at 12 million non-farm jobs annually is needed in the post-Covid period till 2029-30, up from just four million created each year between 2012 and 2018.
Overseas education consultant NNS Chandra shares advice on entrance examinations, admission procedures at international universities.
Major carmakers in the country are loading barrels for the coming battle in the field, reports Arnab Dutta.
IAF is focused on Rafale; argues the fifth generation fighter aircraft would not meet Indian expectations
The project is supported by the Department of Jobs through IDA Ireland.
With the Navy ruling out deploying indigenously built Light Combat Aircraft Tejas on its aircraft carriers, Aeronautical Development Agency on Saturday said it was restricted only to Mark I which was a technology demonstrator and pinned hopes on Mark II for use by the Navy.
Mercedes Formula One boss Toto Wolff has dismissed plans for the world's first driverless motor racing series as having little to do with sport, despite the German carmaker's interest in the technology.
The compact segment where Sonet will be launched is crowded with the Maruti Vitara and Brezza, which top the sales' list, and a bevy of models from Mahindra & Mahindra apart from Hyundai's offering. But volumes in this are slightly higher than those in the mid-segment, making it attractive, says Surajeet Das Gupta.
PM Modi proposed a USD one billion line of credit to promote projects that support physical and digital connectivity between India and ASEAN.
We must seize the opportunity provided by the COVID-19 crisis to kick-start indigenous research efforts, recommends Colonel Anil A Athale (retd).
The defence ministry is shooting to achieve an annual export target of $5 billion by 2025.
Uber CEO Dara Khosrowshahi says the younger generation doesn't dream of owning a car, but instead wants the freedom of having any service on demand.
A gamechanger for offices and factories, Shycocan, claims to be able to clear an area of 1000 square feet from coronavirus.
Ninety-nine companies, which also include some unlisted ones, have more than Rs 100 crore each of minimum alternate tax credit on their books, cumulatively adding up to Rs 75,000 crore. By utilising MAT credit, many companies will be able to bring down their effective tax cost.
Maruti ready to upgrade safety features.
Air Chief Marshal B S Dhanoa calling the FOC a 'major milestone'.
The idea is to incorporate global best practices in the Indian context.
The two companies agreed to form a joint venture by combining Novartis' over-the-counter division with GSK's consumer business to create a business with $10 billion in annual sales. GSK will hold a 63.5 per cent stake in the venture.
It expects to garner 5 per cent of its revenues from the Indian market in the next five years with business targeted to grow over 20 per cent during the period.
Named ConceptFutureS, it is a uniquely styled compact car with distinct SUV like characters and will define the next generation of design for compact vehicles in India, the company said.
In a pre-Budget meeting with Finance Minister Nirmala Sitharaman, the corporate leaders highlighted several issues, including certain income tax matters which were coming in the way of mergers and acquisitions or slowing them down and roles that need to be played by state businesses to prosper at the ground level.
'It will be a competitive market more than ever due to the layoffs that have happened.'
PhonePe wants to dethrone its Alibaba and SoftBank-backed rival, Paytm, claiming that additional capital that Walmart will bring to the table will help it grow much faster
'One out of three phones sold in India is a Xiaomi phone.'
A day after a civilian worker was killed in an accident at the under-construction nuclear submarine at Visakhapatnam, the defence ministry said that the incident was not connected with any nuclear-related activity and would not adversely affect the project or the work of the navy.
Lenovo, Xiaomi, Vivo, Gionee lead the onslaught, beating Indian and global brands with smart deals and astute image management measures.
India has performed poorly in removing gender-based disparities, ranking 114 out of 142 countries in World Economic Forum's 2014 gender gap index, scoring below average on parameters like economic participation, educational attainment and health and survival.
A new logo, colour and tagline were unveiled last month.
Honda aims to sell 3 lakh units by 2017 from 1.34 lakh units achieved in 2013-14.
The driver of the ill-fated Hyderabad-bound Volvo bus was overstressed and there were fire crackers inside the vehicle, according to findings of an investigation that probed two recent road mishaps in which 52 persons were killed.
The company did not disclose its new holding pattern.
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