The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Flipkart's model is a money guzzler
Rejig likely every few years to make company flexible to the changing needs of business
Tata's Vistara has a very strong core team to look into daily operations.
Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.
Now mergers, acquisitions, sale of assets, fundraising, strategic intent and competitive position in the market are part of business life everywhere.
The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.
Decision to build or buy a platform is a function of price but buyouts are helping large investors create a medium and influence outcomes.
Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
When it comes to key hands-on management positions, India Inc is still largely run by men.
'Indians are great savers, but they are lousy investors.'
'Why Twitter? To reiterate, because Live is powerful'.
'The main reason for having neutral venues for the Ranji Trophy is to make it more competitive and less affected by doctoring of wickets.' 'There is no reason why people shouldn't be able to see Virat Kohli playing a Ranji Trophy match at any location.'