'Instead of one or two families controlling 10% to 15% of GDP, it has to be broad based. Then, the resilience of the economy also will be higher.' 'Then, if something happens to one business, it will not hurt the economy badly.'
Congratulations, Akshita and Manu!
C K Ranganathan, chairman and managing director of Cavincare, talks about the current global economic crisis
C K Ranganathan, CMD , CavinKare talks to Business Standard about the recently held Employability Fair, the Ability awards and his relationship with the Ability Foundation
Through this transaction, Amazon has managed to acquire around a 3.6 per cent stake in the Future group.
National brands prefer the acquisition route since the southern market is culturally different, reports T E Narasimhan from Chennai.
Despite slowdown, smaller firms attract growth capital.
When you say, Make in India, it means, Indians will work for you, but we should create our own brands and create a market for them internationally. Only then, money will come back to India.
Jaipuria has not specified the amount he is looking to raise, but says this is the right time to tap the capital markets.
It also marks the culmination of the revamp exercise that the brand undertook 18 months back, spearheaded by Nellaiappan Thiruambalam, who was appointed as director and CEO of the personal care and foods division in April 2013.
C K Ranganathan, CMD of the $12.50 billion CavinKare, in an interview with Shobha Warrier/Rediff.com, says though he sees signs of improvement everywhere, the Modi government has a long way to go to make the country business friendly
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