In an interaction with Viveat Susan Pinto, Thomas Lutz, head of the consumer and retail practice at The Boston Consulting Group. highlights some of the top consumer trends in India and the way forward for companies.
He will be the eighth Deputy Governor to be made Governor at RBI
Aditya Birla Retail set up seven years earlier, posted a 20% growth in sales over a year earlier for 2013-14.
Wipro makes it to the up-and-coming companies with potential to join the top 50 list.
Ministerial consultations on, with recognition of the potential, and the need to not classify it under the same rules as for pharmaceuticals.
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
India on track to be third largest consumer economy by 2025.
The report analysed product launches of 2011, their success over three years, and reported 31 of the 14,509 products introduced that year were received well by consumers.
RIL has been talking to groups including Gionee, Huawei and Xiaomi
Marking the end of strict banking secrecy practices, Switzerland earlier this month agreed to automatic exchange of information and mutual administrative assistance in tax matters with overseas authorities.
Michael Dell clinched shareholder approval on Thursday for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors and removing the uncertainty surrounding the world's No. 3 PC maker.
Consultants are working with various teams on manufacturing, R&D, etc, to assess per-month productivity of each department.
Developed markets have performed better than emerging market firms in the top 10 TSR-based rankings, says a BCG report.
Companies like Ace Turtle are helping brands enable omni-channel retail, bridging the offline and online gap. Abhishek Jejani reports.
With Pockets, ICICI Bank aims to target first-time customers.
In the high performing company, everyone could very simply describe what they did and how they created value.
Prominent recruiters were Flipkart, Urban Ladder, AskmeBazaar etc
'A foot-in-mouth disorder seems to grip the government, and is growing chronic by the day,' says Sunil Sethi.
The start-up story appears to be losing its sheen due to corporate misgovernance, financial mismanagement and gender discrimination.
Prashant Kishor, the man who led Narendra Modi and Nitish Kumar to victory, has his task cut out for him as he tries to secure victory for the Congress in Punjab and Uttar Pradesh
Globally, industries need to sit together and look at the demand for professionals that is expected to emerge from different countries.
This is the car major's second coming in India.
There are few firms that are applauded for managing a healthy top line growth along with an impressive brand image that inspires most companies.
'30 to 40% of the industry needs to be reskilled as existing jobs will go to automation.' 'Reskilling is required as some existing jobs will not be required in the future.'
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
Indian Railways plans Rs 39,000 crores non-fare revenue. Via: Branding of trains. Vinyl-wrapping of Rajdhanis, Shatabdis and Garib Raths. Moving billboards.
The one common theme across companies that have rewarded shareholders is consumption.
'When a soldier becomes a king, he better be a king. He should now just forget the past and move beyond continuity. He should catch the potential of India's moment and play a leader's role,' says Vallabh Bhansali of Enam Group.
The UK-based retailer can add to the best practices it already brings to Tata's retail business.
The preference for digital banking now cuts across all customer segments.
'For how long can investors fund loss-making companies?'
It is to keep labour unions away and make the employees feel important.
Manu Kumar Jain, India head, Xiaomi, tells Sangeeta Tanwar how the Chinese smartphone maker won over the Indian market.
His plan revolves around new products, a renewed thrust on exports and some serious cost savings
UrbanClap's business model is still a work in progress.
In 2016, the Centre has been able to get only seven IAS officers from all states so far.
Constantly evolving rules and anomalies over tax treatment have constrained corporate programmes in the first year that the government's CSR mandate has been in force.
The industry employs about 10 million workforce.
Tarun Das and T N Ninan offer their prognosis for US-India momentum on the economic front