In one of the biggest deals in the outsourced product development (OPD) market, audio and infotainment systems maker Harman International Industries will buy Indian-born serial entrepreneur Romesh Wadhwani's Symphony Teleca for $780 million (about Rs 4,800 crore at Friday's exchange rate of 61.4).
My goal is to implement the Sevak project all over India and make the villages true Gandhian villages -- self sustainable in every way, including health, says Dr Thakor Patel, head of the American Association of Physician of Indian Origin's Public Health Committee. Aziz Haniffa reports
Ramping up globally, the Indian restaurant search service is going as local as possible in its markets to improve its brand's stickiness.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Radio taxi service provider Meru Cabs is planning to put in place the next level of driver verification, one liked to biometric identification tool Aadhaar.
Given how the armed forces struggle to attract talent, they cannot rule out hiring half the population, says Nitin Pai
Advertisers take to pitching family values and social causes, giving celebrity endorsers and flamboyance a miss. Nikhat Hetavkar reports.
We take a walk down memory lane and look back at fashion designer Manish Arora's fashion journey.
We take a walk down memory lane and look back at fashion designer Manish Arora's fashion journey.
Recovery seen in Q4, companies continue to focus on enhancing cash flow
Mumbai is one of the most liveable cities in the world.
'I bow to the 125 crore citizens of this great nation and promise to stay true to the trust they have bestowed on me.'
Columnist Rajni Bakshi asks if the louder responses to the climate crisis will be those arguing that innovations are viable only when they give handsome and rapid monetary returns?
To get three-year term as non-executive chairman from Feb; firm to create CEO's post; AGM to ratify Sanjiv Puri, Rajiv Tandon's appointment as directors
'His simple lifestyle, his optimism, his hard work and his genuine humility made him an authentic role model to millions of children, many of them growing up in challenging circumstances.'
'What exists instead is a clear gap between skilled people and the work at hand.' 'Employers on most occasions find it difficult to find a match between the two,' Adi Godrej tells Viveat Susan Pinto and Niraj Bhatt.
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
The Ambani brothers, Mukesh and Anil, came together on Thursday to raise the issue of stalled projects plaguing India Inc and implored the Maharashtra government and the Centre to make Mumbai, India's financial capital, an easier place for business and investments. "Several projects are stuck for many years in Mumbai and we would like to know how the government intends to improve the financing and execution of projects, including those relating to infrastructure and education which have been in limbo for long and are affecting the growth of the city," Reliance Industries Ltd (RIL) Chairman Mukesh Ambani told Finance Minister Arun Jaitley. Seated on the same table was his brother, apart from Tata Group Chairman Cyrus Mistry and State Bank of India (SBI) Chairman Arundhati Bhattacharya. Jaitley was addressing the Mumbai Next MMR Transformation conclave, organised by the Maharashtra government and Mumbai First here, through video conference. In his reply, Jaitley said the government was exploring several options of infrastructure financing in India and that a number of international bodies were ready to fund infrastructure development projects. He added the government was keenly considering these funding sources. While praising Maharashtra Chief Minister Devendra Fadnavis for honesty, Jaitley also had a word of advice. Apart from being honest, the government had to be decisive, he said. On his part, Reliance Group Chairman Anil Ambani told the chief minister about his experience of decisions being delayed due to an indecisive bureaucracy and the need to protect officials who wanted to take quick decisions. "Through the past many years, we have faced a number of obstacles in decision-making," he said, adding he was speaking as someone who had lived and invested in Mumbai. Fadnavis responded by saying he would bring about a transparent process to ring-fence officials. Both the Ambani brothers have announced a number of infrastructure projects in and around Mumbai, including a world-class convention centre in Bandra Kurla Complex by RIL, but very few have actually fructified. RIL's special economic zone project failed to take off due to land acquisition problems in Raigarh, while a second SEZ near Mumbai is stuck due to lack of clarity in SEZ norms. The first phase of the Mumbai Metro, set up by Anil Ambani's Reliance Infrastructure, was marred by cost overruns and run-ins with the government over fares. Subsequently, the company withdrew from the second and larger phase, citing inordinate delay. Anil Ambani also withdrew from Mumbai's sea link project on the same grounds. The brothers had also bid for a trans-harbour sea link between Navi Mumbai and Mumbai under the Congress-Nationalist Congress Party government, but their bid was rejected. Reliance Infrastructure is also the power supplier to more than half of this city. Participating in the conclave, some of India Inc's leading bankers said making Mumbai a financial hub would take at least a decade. SBI's Bhattacharya said the Indian currency should be made fully convertible and facilities should be created for it. "However, for this, the economy needs to look up and that will happen only in the next 7-10 years, not immediately," she added. Sunil Kaushal, Chief Executive Officer of Standard Chartered, India, pitched for strong infrastructure to support development. "We will take a long time to develop into a global financial centre. We need to solve transport bottlenecks in Mumbai and have lifestyle facilities for people working in and around these areas," he said.
...He'd be running a successful aviation business, says Anjuli Bhargava.
Brands like Puma, Wildcraft and Woodlands are rewriting the marketing playbook to cater to women consumers.
In the coming months, Lever Ayush will venture into categories beyond soaps, shampoos, toothpastes, lotions and moisturisers, its current segments of operation, as it seeks to give the brand a horizontal push.
Global management recognised India's potential.
Neerja Palisetty's Sutrakaar Creations combines paper with post-consumer waste to promote fair trade, craft empowerment, zero-waste, and ethical fashion.
he also talked about India's tradition of respecting the nature through festivals like 'Chhat' and referred to the ongoing cleanliness campaign.
Experts say Indian students will have to accept that international space for them is shrinking.
Happy retirees are the ones who have planned well in advance
Less than three months after Prime Minister Narendra Modi proposed the idea, the United Nations General Assembly on Thursday adopted an India-led resolution declaring June 21 as 'International Day of Yoga', recognising that 'Yoga provides a holistic approach to health and well-being'.
A friendly working environment, special healthcare facilities, flexible work hours, work from home options, support and camaraderie among the team members keep employees highly motivated in these 10 companies.
"Climate change is a major global challenge. But it is not of our making," Modi said.
Addressing the Indian diaspora on the second day of his three-day visit to Malaysia, Modi said India draws strength from its diversity and that his government is working to create an environment where enterprise flourishes and everybody gets basic needs like roof, sanitation, water, health care and education.
Real estate developers are banking high on ultra-luxury projects.
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BBC director Francesca Unsworth says havigna global product is need of the hour
Think organic food, affordable homes, artificial intelligence, suggests Prof Manmeet Barve.
Footfall at malls are down 20-25 per cent in the past couple of years.
'Maggi issue gave us room for introspection.'
'Unless we change and we see a change in the direction we are taking, times can only get worse.'
Life expectancy at birth improved from 59.7 years in 1990 to 70.3 years in 2016 for women.
Sahara group, whose legal battle with Sebi continues in Supreme Court over refund of over Rs 20,000 crore (Rs 200 billion) to investors, has made a surprise announcement of plans being afoot to hire over 56,000 new employees this year along with investments to the tune of nearly Rs 32,400 crore (Rs 324 billion).
Tata group bets on design and price. It looks to mark its spot in a highly cluttered category with its newest offering. Tata Tigor might drives between the lanes!
