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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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