McDonald's asks the consumer whether he wants a hamburger with cheese, with tomato or without tomato. We will also have to deliver products as and when and how the customer wants.
ICICI Bank chairman K V Kamath says the best part of India's growth momentum is that around 65 per cent of the economy does not need external funding.
In an interview with Business Standard's Shyamal Majumdar and Sidhartha, Kochhar says she is going to focus on the immediate challenge of correcting the cost structure of the country's second largest bank.
There are 300 applicants for each clerical post at SBI, mostly engineers/MBAs, for a job that just requires a Class 12 qualification.
The Pricol and Graziono cases are extreme ones, but there has been a steady rise in the number of worker disputes.
"Opening up will give us new opportunities such as greater freedom to open branches. On the inorganic side, there could be opportunities to take larger stakes in banks or to take management control. If anything of that happens, we will be interested," says Standard Chartered's regional chief executive for India and South Asia Neeraj Swaroop.
For the younger Bajaj sibling, life after Bajaj Auto is all about revving up the financial services business.
FMCG firm Marico's success lies in its ability to pick its fights, exiting areas where MNC competition is high and concentrating on creating niche segments instead.
V Vaidyanathan joins a growing list of top executives getting a sumptuous sign-on bonus
The super-busy executives around you may make you feel redundant if your mobile is silent on a family holiday trip.
I am upset with the Chinese economic invasion and the way we are allowing that to happen, says Naik.
The 68-year-old actor has made "that's cool" a part of his everyday lingo. And that's the reason why he thinks he is still getting "some work" even after four decades in Hindi films.
If you move the clock forward and look at the future of the bank, then India and China are going to be the two largest markets for us. And we have grown our revenues and profits very rapidly - 50 per cent in the first half of 2007.
K V Kamath is preparing to move across the corridor on the 10th floor of the ICICI Tower to his new cabin, which is under renovation now.
L&T chairman AM Naik speaks about on his blueprint to simplify the 'complex' structure of the company.
Five years after demonetisation, which sought to curb black money and reduce cash circulation in the economy, 70 per cent of respondents said they paid a large component of the total payment towards a real estate transaction in cash. About 16 per cent said they paid over half the amount in cash, observes Shyamal Majumdar.
It was perhaps over-enthusiasm that prompted the Indian investigative agencies to take a private jet to Dominica to bring back fugitive diamantaire Mehul Choksi. Predictably, the eight-member team had to return empty-handed after almost a week-long wait. The agencies were banking too much on the "state-less" status of Mr Choksi, as Antigua, which had given him citizenship in 2017, wasn't willing to take him back. Thus, the calculation was that Mr Choksi would be whisked away from the Dominican courtroom to the waiting plane. The reason for the optimism was also because Antigua is friendly territory for India.
'India Inc has been afraid to criticise the government of the day for many years now, and it is perhaps unfair to blame the current one alone,' says Shyamal Majumdar.
The tax portal problem is a goof-up by both sides, and making Infosys the only villain in the story is quite unfair, argues Shyamal Majumdar.
'A large number of people are suddenly waking up to the fear of losing jobs,' says Shyamal Majumdar.
'The focus for IT companies will shift from adding scale to building a smaller, more specialised, talent pool with specific domain expertise,' says Shyamal Majumdar.
Dharavi's success underlines the importance of community participation in any public health crisis.
The oxygen shortage was inevitable to an extent given the tsunami of Covid cases, but the problem is the lack of even basic preparation by both the Centre and states, notes Shyamal Majumdar.
The agency's poor track record in convictions is the only light at the end of a rather long tunnel for the couple, observes Shyamal Majumdar.
It's impossible to get the actual number of people dying and not getting compensation but the number is obviously much more than stingy official estimates. In any case, nowhere in the world are people sent inside gas chambers without oxygen cylinders and masks. Unofficial estimates suggest that on an average, one sanitation worker dies every five days all over the country, writes Shyamal Majumdar.
New technologies such as block chain are throwing up new opportunities; so the axe is bound to fall on those who are still stuck in the past and not reskilling themselves, says Shyamal Majumdar.
'India is home to the third-largest number of family-owned businesses in the world.' 'While everyone pays lip service to succession planning being entrenched in the functional DNA of family-owned business enterprises, it's still not an area of focus for a lot of family businesses', points out Shyamal Majumdar.
Jargon-heavy management bluster is taking over everyday office chat.
The founders of IndiGo may have thought it's time to go for a rejig of the top leadership team which can take care of the growing demands of an airline that has grown much bigger than they could have ever imagined, says Shyamal Majumdar.
'Prime Minister Modi stated several times that we shall not let this challenge go away without converting it into an opportunity to undertake systemic reforms.' 'And hasn't that been reiterated in action?'
Mumbai is the most hard working city in the world. Mumbaikars work for an average of 3,315 hours annually. In comparison, a full-time employee in Beijing works for an average of 2,096 hours a year, says Shyamal Majumdar.
Prospects are grim for many, as humans and organisations aren't keeping up with the pace of technology. Shyamal Majumdar ponders the future of employment.
Most people have this permanent nervousness about somebody separating them from their smartphones.
A large number of public sector bank employees, as a matter of routine, do not "take" promotions so that they are not transferred out of their hometowns. The eastern region is famous for this, but it is a common practice everywhere, says Shyamal Majumdar.
Amendments to the Child Labour Act say children can work in 'family enterprises' but the definition isn't clear, points out Shyamal Majumdar.
IndiGo clearly needs to refresh its HR and training manual, says Shyamal Majumdar.
The government has to cover a lot of ground if it wants to achieve the target of generating 10 million new jobs in the sector over the next three years, says Shyamal Majumdar.
Even if Modi had wanted Rajan out, the government could have done it with some finesse and tact.
It's debatable whether going back in time -- twice in a span of four years -- by bringing back a once-proven leader at the top is the correct thing to do when Infosys desperately needs to be made future-ready.
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