'The toughest challenge is not to satisfy the luxury customer.' 'The toughest challenge is to satisfy the budget customer.'
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Privatising public sector companies would have encountered significant opposition from their managers as well as from strong unions.
Praising Brendon McCullum for his aggressive style of leadership, Kiwi pacer Tim Southee feels that the New Zealand captain has set a new benchmark in world cricket for others to follow.
In the past couple of years, Saregama has redefined itself into a 'content IP company'.
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
'Whenever a new film of his releases, he uses politics to hype his film.' 'Her party can manage for a short period without Jayalalithaa as the chief minister but if her absence is for a long term, the AIADMK will start crumbling and disintegrating.' 'What keeps the DMK going despite its corrupt image is it is a democratic party in comparison to the AIADMK... Also, many social welfare measures in Tamil Nadu were brought in by the DMK. So they do have a place in the political scene despite corruption.' Gnani Sankaran, the well-known political analyst, discusses the fallout of Jayalalithaa's conviction on Tamil Nadu politics with Shobha Warrier/Rediff.com
'Most of the agitations are staged by the Opposition to disturb the peace of the state.'
Mohandas Pai took part in an hour-long chat on rediff.com
PS banks need to pull up their socks to improve cash flows.
'The pressure on relative performance and the feeling of being left out among many investors may also account for the belief among many that this has to be a technology stock bubble.' 'The feeling of a bubble is also reinforced by the extreme performance gap between growth and value investing.' 'While at first glance, one can only stand back awestruck by the wealth creation delivered by technology stocks globally. It does not seem at all like the internet bubble of 1999-2000, says Akash Prakash.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
'Public sector banks are like an extended arm of the government.' 'They rush to rescue certain sectors or they rush to invest in certain sectors to prop up the economy which the private banks don't.'
It was the RBI which destroyed our $-job economy. It is for the RBI to resurrect it by instituting news ways of managing the INR, says Sonali Ranade
Muslims need to get out of their Isolation Syndrome, argues Mohammad Sajjad.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
'Last year, someone told us you must remove 's' otherwise you won't perform well and we didn't perform well.' 'Obviously, that's not the reason for not performing well, but it didn't hurt us to remove the 's'.'
'Nobody expected the slowdown to go for these many days. Unfortunately, it is an unbelievably bad slow down.'
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
With the Union Budget over, it is a good time to start the rebalancing exercise. Take cues from last year's market performance
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
Chandrasekaran speaks about sustaining growth and TCS' growing importance in the Tata Group.
'When the forensics have collapsed, approver is clearly proved to be a liar from the beginning to the end... Does the prosecution genuinely believe that we ought to remain in judicial custody despite showing that their own story is not being corroborated by evidence, for another 192 witnesses?'
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
Post-Jayalalithaa AIADMK cannot take on the Narendra Modi dispensation like their late charismatic leader did it on several occasions in the past, says R Ramasubramanian.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
'Why should the people of Odisha divert water from the Mahanadhi when 13 out of 32 districts are chronically drought prone?' 'Water is a state subject. Can you really nationalise rivers for which you need drastic amendments in the Constitution?'
Air India needs to up the ante in order to compete with rival carriers.
Ajit Wadekar recalls how India turned the tables on the the West Indies and won a historic victory.
'His assignment as the Ambassador to the UAE was particularly appreciated by the Emiratis and Indians alike. He retires in a trail of glory,' says Ambassadpr T P Sreenivasan.
An excerpt from 'Money Smart: The Indian Woman's Guide To Managing Wealth' by Reenita Malhotra Hora and Divya Vij that reveals various options to help you save tax as well as invest for creating long-term wealth.
In an online chat with readers overseas education consultant NNS Chandra addressed queries related to international admissions
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
'Government of India has the right to give directions to RBI'.
'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.
It's not e-retailers alone. Bankers are also celebrating initiatives like 'Big Billion Day Sale' this festive season.
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