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Viral Dholakia

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While surfing social networking platform G+, today I stumbled across some really interesting piece of statistical data on Ken’s page with regards to crucial trends in finance for Indian and overseas market. One such aspect, the ‘Retirement Age’, is widely analyzed in the world of finance – as most of the goals in lieu …

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Nokia grabs 19% market share of dual-SIM mobile phones in India

by Viral Dholakia
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Just when it seemed that Nokia and Blackberry handsets are dying a slow death in the Indian smartphone market; Finnish handset manufacturer Nokia has made a sweeping comeback to claim its edge over Indian brands, powered by its recent lead in dual-SIM mobile market, according to a latest Cyber Media research report. Nokia, the …

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India beats China in Nurturing Leadership Talent !

by Viral Dholakia
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India and China has been the torchbearers of the world economy. While India has lots of catching up to do in terms of its economy size, last year China surged past Japan to become the world’s second-largest economy. Interestingly, with both the economies boasting of population in excess of one billion – the prospects …

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UIDAI’s Biometrics highly accurate, Scales to 10 lakh Aadhaar cards a day!

by Viral Dholakia
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If implemented and executed properly, the landmark Unique Identification (UID) project could serve as a single biggest reform initiative in the country with a population of 1.2 billion residents of diverse demographics and identity. Ever since the Aadhaar project’s conception, questions have often been raised about the reliability and efficacy of the UID data …

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RBI cuts CRR, GDP growth forecast lowered to 7%, Rupee breaks 50 mark

by Viral Dholakia
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After a hiatus of pessimism, a string of positive news flow has gradually re-emerged on the macroeconomic front of the Indian origin. Certainly, a ray of hope is visible at the fag end of the tunnel that leads India back to its growth path as a leading emerging market economy. The harsh monetary …

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Reliance Earnings & Share Buyback Plan – Falls Short of Investor Expectations !

by Viral Dholakia
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What an oxymoron! Reliance Industries (RIL), the largest Indian conglomerate, is going through a stagnation phase in terms of its earnings performance, yet being the country’s most valued firm. For almost a year now, RIL has been a dragger on the benchmark indices – with its share price dipping by almost 35% in 2011; …

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Big Five Q3-FY12 Earnings of India Inc.

by Viral Dholakia
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While the Q3-FY12 earnings season is hardly half way through, corporate results of most highly rated large companies – such as Infosys, HDFC, HDFC Bank, ITC, TCS, HCL Tech, Reliance Industries, Bajaj Auto, Hero MotoCorp, Wipro and Axis Bank – are already out. Despite IT biggies forking out decent third quarter numbers aided by …

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Vodafone wins $2.5 bln Tax case – Hutchison deal stands ‘bonafide’ !

by Viral Dholakia
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It was an Indian business valued at $11 billion – and a lawsuit that involved Vodafone Group Plc.’s acquisition of 67% stake in Hutchison Essar from Hutchison Telecommunications International Ltd. that took place in Cayman Islands way back in 2007. While the Income Tax department claimed taxes on the grounds of the transaction being …

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Indians more Innovative than Britishers, but lag behind Chinese !

by Viral Dholakia
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The global economy has been jolted by a sharp recession in 2008 and sovereign debt crisis in 2011 – and there is hardly any industry which has escaped from the widespread effects of an acute slowdown in the economy. Industrial recessions often results in slowdown of spending on research activities and innovative quotient within …

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Is Indian IT sector headed for a slowdown in 2012?

by Viral Dholakia
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It’s been a long tradition now – just like a temple priest flags off a ritual with sound of a conch (shankhnad) during startup; even software bellwether Infosys Technologies is accustomed to kick start the quarterly earnings season in style and panache. In fact, few years ago, the results and annual guidance provided by …

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Indian MBA students prefer better Job Profile over hefty Pay Packages: ASSOCHAM

by Viral Dholakia
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The education system is evolving at a breakneck speed with changes in the shape and contours of the economy and real-world business practices. Under such circumstances, it becomes all the more imperative for an aspiring B-school candidate to evaluate the value and application of the course relative to the current and near-future market. Moreover, …

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RBI hints at sobering pay packages of foreign bank executives !

by Viral Dholakia
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The contentious issue of CEO salary and compensation to the senior executives across organizations has often spurred adverse reactions from the general public at large. A glaring example of this differential approach was witnessed during the 2008-recession; prior to which people wowed every record-breaking salary hike announced for the corporate honchos. However, post-recession, every …

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Govt may subsidise Mobile bills in Rural areas – But, what’s the use?

by Viral Dholakia
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After fuel and food subsidy dole-outs, the government seems to have taken frenzy for subsidies on mobile bills too, as populist measures gain significance ahead of the key state elections in India. According to a media report, the Planning Commission has proposed that the government provide subsidy support to the extent of a fifth …

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Pay your Maharashtra Govt dues Online [Duties, taxes, excise, etc]

by Viral Dholakia
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The Maharashtra government is going full throttle the online way. While online VAT payment is mandatory since more than a year now, the state government has moved a step forward to ensure that all types of tolls, taxes and statutory fines are paid online to plug loopholes in the system. In latest, the …

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