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Ajay Piramal |
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No More New Sectors unless the Proposition is Compelling -- 17-May-12
Almost every day a deal comes to us,” says Ajay Piramal, who’s been busy deploying his flagship’s Rs 17,000 crore. He has appetite for more, as he indicates that Abbot still owes him $1.2 billion. Piramal met Sabarinath M and Satish John soon after he announced the acquisition of Decision Resources Group.
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Oommen Chandy |
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We Intend to Ensure Kerala’s Growth is Continuous -- 16-May-12
Kerala chief minister Oommen Chandy, has been on a mission ever since his party won the state elections by a narrow margin in 2011. One year into his job, he has now revived a plan to hold …
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Rajiv Bajaj |
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New Pulsars to Co-exist With Current Range -- 15-May-12
Regaining its number two position in the twowheeler segment, Bajaj Auto will now bank on newer variants of Discovers and Pulsars to keep up the pace.
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Markus Miele |
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Our Biggest Challenge is India’s Geography -- 14-May-12
For Markus Miele, the growing number of Audis and BMWs on Indian roads is a clear sign that super-premium washing machines, microwave ovens and coffee machines have big growth potential in the country. The managing director and co-proprietor of German luxury home appliances maker Miele, a company his great grandfather Carl Miele founded back in 1899
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Lakshmi Mittal |
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India’s on Top of Our Priority List, but Not Investment List -- 11-May-12
For Lakshmi Mittal, the promoter of the world’s largest steel manufacturer, Arcelor Mittal, India continues to be “on top of the priority list, but not on top of its investment list”.
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Prithviraj Chavan |
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We have to Take All Our Allies on Board -- 09-May-12
Maharashtra chief minister Prithviraj Chavan says charges of decision deficit levelled at his government by his own party colleagues do not reflect the true picture. The perception of delay stems from the fact that the state government is scrutinising “individual benefit projects” more closely than ever, he says. In an interview with Bharti Jain
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Ramesh Kymal |
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Wind Turbine Makers Bet on New Tech, Repowering of Projects for Growth -- 04-May-12
The rollback of incentives for the wind energy sector may trigger consolidation in the market with smaller players being acquired by bigger ones.
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Anand Mahindra |
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R&D is Going to be the Heartbeat of M&M -- 12-Apr-12
The era for jugaad is over, says Anand Mahindra. In an exclusive interview with Satish John and Ketan Thakkar, on the eve of inaugurating Mahindra Research Valley (MRV), the head of the $14.4-billion Mahindra Group talked about the genesis of the R&D facility.
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Pawan Munjal |
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We will Design New Products Keeping in Mind Global Markets, Customers: Munjal -- 10-Apr-12
"The Pawan Munjalled Hero MotoCorp does not seem to be in a mood to leave any stone unturned to retain its 'numero uno' position in the two-wheeler industry. In its pursuit of becoming a ""truly global player"" across all geographies, the company is not only forging multiple alliances for technology development, it is also actively working on various options to go beyond its existing segments."
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Jaideep Khanna |
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If Macro India is Strong, Tax Laws will not Deter Investors -- 09-Apr-12
UK's Barclays Bank is, like most international banks these days, torn between the opportunities in emerging markets such as India and compulsions in the home market. It has cut its retail ambitions in India, where it has been present for over three decades, shifting its focus to corporates and the wealthy.
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L Madhusudhan Rao |
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Govt Shouldn't Let Entrepreneurs Take Unreasonable Risks -- 28-Mar-12
With many Indian private power projects turning unviable owing to steep hike in global coal prices, Lanco group chairman L Madhusudhan Rao wants the government to tighten bidding norms for infrastructure projects in general and power projects in particular.
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BL Bagra |
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Nalco has big plans for Gujarat, to Step Up its Odisha Play too -- 27-Mar-12
Aluminium major to invest Rs.4,500 cr for alumina refinery in Gujarat, set up new smelter in Odisha, says acting CMD BL Bagra
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Krishna Kishore Maheshwari |
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We Can Plan Major Capex as Grasim has Significant Liquidity -- 26-Mar-12
Grasim’s managing director also stresses the need to fix ground rules for cotton so that wild price swings can be curbed
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CP GURNANI |
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We Are A Challenger In Our Chosen Verticals And Service Offerings -- 22-Mar-12
When Vineet Nayyar, vice-chairman of Tech Mahindra and chairman of Mahindra Satyam, was asked if there were any candidates, outside of CP Gurnani, under consideration for the role of CEO in the merged entity, his answer was unequivocal. “I have not been able to see any other candidate,” he said. In an exclusive interview with N Shivapriya, Gurnani, the man who would be the CEO
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Rajiv Bajaj |
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Strategy Is Nothing But Specialisation -- 22-Mar-12
In an exclusive interview with Lijee Philip & Brian Carvalho, Rajiv Bajaj, MD & CEO, Bajaj Auto, throws light on how the motorcycle maker’s three ‘power’ brands will drive growth and his game plan to become a global leader in bikes.
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BRUNO LAFONT |
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Being in India is not About Size, but Quality -- 21-Mar-12
Bruno Lafont, chairman & chief executive officer of Lafarge, the French cement maker, is bullish on India and emerging markets. A frequent visitor to India, Lafont says he can use the local innovation skills to replicate affordable cement products across emerging markets. In an interview to ET’s Satish John, Lafont said Lafarge is now concentrating on markets such as India, Brazil, Algeria, Russia and sub-Saharan countries to deliver growth.
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Amit Jain |
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I Believe that the Consolidation of the Akzo Entities Creates a Coatings Powerhouse -- 27-Feb-12
AkzoNobel India used to work in two segments of the coatings industry, but now, thanks to the merger, it will operate in 11, says the co’s MD
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Anil Agarwal |
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Our Vision has been to Create an Indian Giant in the Resources Sector -- 27-Feb-12
Anil Agarwal, the chairman of Vedanta Resources, is determined to take a “helicopter view” of things. He is keen to communicate his vision that of a diversified mega mining company based in India that would compete with the likes of Vale and BHP Billiton.
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Venkatesh Prasad |
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Cars are Computing Platform on 4 Wheels -- 16-Feb-12
Venkatesh Prasad sees the car as a computing device. At Ford Motor, Prasad, known as the next-thing guy, has defined the vehicle as a computing platform on wheels. In an interview with ET's Jayadevan PK and Pankaj Mishra, he explains how a billion computers on wheels can work like a tablet or a PC and seamlessly deliver a rich consumer experience.
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Shiv Nadar |
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Soon, Entire School will be on Tablet -- 10-Feb-12
These days, Shiv Nadar wants to speak less on IT and more on education and philanthropy. The Shiv Nadar Foundation aims to make a quality statement in the field of education. The HCL chairman tells ET’s Sangeetha Kandavel that in five years, “the entire school will be on a tablet, like an iPad” and the role of teachers will change.
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Ashok Ganguly |
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Premji is Like Any Other Wipro Investor -- 09-Feb-12
Wipro has started discussions with potential women leaders for a position on its board to bring gender diversity into the boardroom, reflecting a growing realisation among top Indian tech firms to compete better with multinational rivals IBM and Accenture on corporate governance and board composition. Ashok Ganguly
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Emma Walmsley |
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India Offers Vast Opportunities and we are Going to Grab it -- 07-Feb-12
Last Friday, local grocery stores in Palwal, Haryana, had an unlikely visitor — Emma Walmsley, president of the London-based GSK Consumer Healthcare. The first woman president of GSK Consumer spent the first two days of her ongoing week-long India trip visiting groceries and chemist stores in small cities here.
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Bill Gates |
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Inter-state Rivalry in India is a Force for Betterment -- 01-Feb-12
Open Gates: In an interview to Sudeshna Sen, Bill Gates talks about India and its efforts to improve healthcare, governance, education and development, while lauding some of the advances the country has made.
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Sam Pitroda |
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We Can’t Go China Way in Net Control -- 24-Jan-12
Communication guru Sam Pitroda says Aadhaar could be base for social innovation Born in a remote Odisha village in 1942, Satyanarayan Gangaram (Sam) Pitroda -- the man who heralded India’s communication revolution -- does not know his exact date of birth. Simply because his village did not have a hospital neither did it keep records of babies born.
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Mamata Banerjee |
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Consider Bengal as Land of Dreams -- 16-Jan-12
I’ve never shown any bias. We want industry to come & flourish, all are welcome On a chilly winter evening on January 11, a heavily fortified convoy pulled up inside the lawns of the magnificent Jhargram Rajbari (Palace) in West Midnapore,
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PC Kapoor |
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Great Offshore's Real Value is far more than its Market Cap' -- 12-Jan-12
Bharati Shipyard chairman PC Kapoor admits the acquisition of Great Offshore has triggered a cash crunch for his firm. However, he expects the company to start recovering from debt pressure and lower working capital by next year. In an interview with Manu Balachandran &Suraj Sowkar, Kapoor talks about his plans to come out of the mounting burden.
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NourielRoubini |
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Structural Reforms Needed in India to Fire up Growth -- 12-Jan-12
Nouriel Roubini, Q&A chairman, Roubini Global Economics, and an economist of repute, rules out a break-up of Eurozone in 2012. In an interview with ET NOW, Roubini says that China faces a risk of hard landing and that Indian government will need to undertake structural reforms to tackle a series of issues that hinder growth.
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Michael Dell |
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Tablets Will Not Replace PCs -- 10-Jan-12
Michael Dell is transitioning tech major Dell into a services powerhouse taking on established players in a challenging environment. And India is at the core of this strategy.
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Alan Mulally |
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You Will See the Power of Ford with the New EcoSport -- 09-Jan-12
When Alan Mulally took the wheels at Ford in 2006, Detroiters thought that he was not a 'car guy' to steer the world's fifth-largest automobile maker from the brink of bankruptcy. Mulally, who had spent 37 years at Boeing, cut labour costs, borrowed $23 billion, sold brands such as Land Rover and brought focus back on operations.
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Enrico Atanasio |
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We Launched too Many Cars in Quick Succession -- 04-Jan-12
Italian carmaker Fiat's Indian subsidiary, Fiat India Automobiles, is in sham bles with declining sales. Its superbly-designed cars such as the Punto hatchback and the Linea sedan are yet to make an impression on Indian customer.
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Markus Oberle |
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There is More Transparency in India -- 23-Dec-11
Markus Oberle, managing director of Bharathi Cement, a group company of the $4-billion Vicat Group - the French cement maker - was in Mumbai last week to launch Bharathi in the metropolis. It has made inroads in Mumbai by being one of the three cement suppliers to the prestigious World One project of Lodha Developers, which is touted as the world's tallest residential tower, when completed.
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Jim Walker |
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Fiscal Deficit to get Worse in '12 -- 21-Dec-11
The country need not worry so much about corporate India or the opportunities in the economy to grow, but the government's attitude towards public spending and liberalisation, said Jim Walker, founder and managing director of Hong-Kong-based Asianomics.
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Arun Maira |
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Zero Import Duty Hurting Local Power Cos -- 16-Dec-11
Power equipment makers such as Bharat HeavyElectricals and Larsen & Toubro have been pressing for a duty on imports so that they have a level-playing field. But private generators believe that such a duty would escalate project costs and hurt their competitiveness.
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Vikram Limaye |
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Railways, Urban Infra Offer Big Investment Opportunity -- 12-Dec-11
With a plethora of problems dragging down Indian power and roads sectors, the next opportu nity for lenders such as Infrastructure Development Finance Co (IDFC) may be railways and urban infrastructure such as waste management and water supplies, says whole-time director Vikram Limaye.
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Pawan Goenka |
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We Want to Translate Trust into Buying Confidence: Goenka -- 08-Dec-11
Mahindra Navistar, the truck joint venture between Mahindra & Ma hindra and International Trucks of US, aims to sell 50,000 units of medium and heavy trucks in next 3-4 years and hopes to break even on cash sales within a year.
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Laurent Demortier |
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India Key to Crompton's Low-cost Play -- 06-Dec-11
On November 25, in a low-key event Laurent Demortier, the expatriate chief executive of Crompton Greaves (CG) laid the corner stone for a factory in Brazil at an estimated initial cost of around . 220 crore, which could eventually become one of its largest manufacturing plants.
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Anil Agarwal |
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We Plan to Bring down Costs by Commissioning New Infra Projects -- 02-Dec-11
Metal tycoon Anil Agarwal's aluminum business was touted as one of his most aggressive plans to be backed by huge deposits of bauxite that India owns at relatively lower energy costs. Agarwal committed to invest Rs.60,000 crore for building Vedanta Aluminum (VAL) ? the aim was for a 2.4-million tonne plant, which is almost equal to the total aluminum consumed in the country.
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Chanda Kochhar |
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Time to Hardsell India as a Land of Opportunities -- 25-Nov-11
When Chanda Kochhar became ICICI Bank's chief executive in 2009, it was not the best of times. The person, who put growth above the rest, had to sing a different tune to staff, that stability is more important than growth. She convinced them, Kochhar tells MC Govardhana Rangan & Bodhisatva Ganguli in an interview. The result is both investors and depositors trust ICICI Bank, again.
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RK Singh |
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Why Shouldn't We Consult Govt on Critical Decisions? -- 24-Nov-11
State oil firms faced flak for the recent roll-back in petrol prices and were accused of having buckled under political pressure. But Bharat Petroleum Corporation (BPCL) chairman RK Singh insists that there is nothing wrong in consulting the government, the majority shareholder.
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Rahul Bhatia |
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Our Competition is from Buses and Trains -- 23-Nov-11
Rahul Bhatia, who floated IndiGo airlines with Rakesh Gangwal five years ago, says Air India would end up as a loser if foreign airlines are allowed to buy into domestic carriers. In the coming years, air traffic in the country is set to jump and the opportunity it will create should belong to Indian carriers, Bhatia tells Anindya Upadhyay
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UK Sinha |
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Some Big Cos Indulge in Insider Trading -- 18-Nov-11
Market regulator has strengthened the surveillance system and it?s up to companies and individuals to understand the rules and avoid punitive action, says Sebi chief UK Sinha
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Rishad Premji |
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I Approach My Life, My Job on My Own Terms -- 17-Nov-11
For the more than 4 years that Rishad Premji has been working his way up Wipro, he has been the object of much curiosity. In his first ever media interview with Shruti Sabharwal & Pankaj Mishra, he describes what it feels like to work at the firm founded by his father Azim Premji.
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Ben Verwaayen |
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Indian Operators Have Developed a Great Business Model -- 16-Nov-11
An uncertain Europe is playing spoilsport with the grand plans of Ben Verwaayen, chief executive of Alcatel-Lucent, world's third largest telecommunication network equipment maker. Having taken over in 2008, the CEO had a three-year turnaround plan culminating in 2011 for the Paris-headquartered firm. Now, it might be pushed to the end of 2012. In a conversation with ET in Mumbai, where he is attending the World Economic Forum, Verwaayen says complaining about Chinese competition will not help. Alcatel-Lucent, which is in talks with RIL for selling 4G telecom equipment, is hopeful about the Indian market.
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YV Reddy |
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It's Risky to Take a U-Turn Now -- 16-Nov-11
Three years after leaving the job of the RBI Governor, YV Reddy has been busy travelling in India and abroad, sharing his experiences on both the monetary and fiscal policy fronts. Reddy, who served as governor at a time when the average growth was over 8%, had come in for praise for the management of India's financial sector. In an interview to Shaji Vikraman, he spoke about the euro debt crisis, handling inflation and fiscal management.
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Laurent Demotier |
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I Want Crompton Greaves to Become the Infy of This Industry -- 21-Oct-11
Laurent Demotier did not get the welcome he was expecting when he took over as managing director of Crompton Greaves. Thecompany's first expatriate managing director has had a baptism by fire. Poor quarterly results and concerns over corporate governance had dented investor confidence. An aircraft brought by Crompton Greaves is likely to be sold to an unlisted group company, after investors questioned the purchase at a time when the company was struggling to meet its guidance.
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Nandan Nilekani |
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Allow Multiple Registrars -- 10-Oct-11
As the government seeks a radical transformation in how it transmits Rs.3,00,000 crore of annual welfare spends, a lot rests on the shoulders of former Infosys CEO Nandan Nilekani. As the chairman of the Unique Identification Authority of India (UIDAI), he has to assign unique identity numbers to Indian residents before a new subsidy regime of direct cash transfers can take off.
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Montek Singh Ahluwalia |
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Cut Fuel Sops to Pay for Food Bill -- 07-Oct-11
First floated in 1979, poverty line remains a critical monitoring tool, says Planning Commission deputy chairman Montek Singh Alhuwalia while clarifying that the government's primary focus has been and still is on bringing more and more people out of poverty. In an interview to Deepshikha Sikarwar, Montek also speaks of India facing more uncertainty due to EU crisis than it confronted in the global recession in 2008 as it doesn't have fiscal space and growth is slowing down.
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Jamie Dimon |
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Hopeful is Not Confident, it's Just Hopeful -- 04-Oct-11
The 55-year old James 'Jamie' Dimon comes across as an aggressive hardboiled Wall Street banker. He does not mince words, can be argumentative and exudes a confidence that may be typical of the CEO & chairman of a bank that has so far weathered the meltdown. Even as he takes on regulators who are trying to force down stifling rules, Dimon, in an interview with ET, talks about moving ahead in a world whipsawed by the US and euro zone crises.
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Vinod Aggarwal |
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VE Commercial Vehicles to Invest 1,000 cr in 3 Yrs -- 03-Oct-11
Maker of Volvo trucks and buses in Indiawill invest 1,000 crore in three years to expand capacity and reach. VE Commercial Vehicles, an equal joint-venture between Delhi-based Eicher Motors Ltd and Volvo Group of Sweden, will focus on fully built buses and heavy trucks to grow its business, its CEO Vinod Aggarwal said. The company will turn India into a Volvo export hub for Middle East, Africa and South East Asian markets besides South Asia, he told Chanchal Pal Chauhan.
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Jim Hagemaan Snabe |
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Sense & Respond, Don't Just Budget & Report -- 29-Sep-11
With a client roster that reads like the who's who of global corporations, business software maker SAP powers everyone from auto giant General Motors to retailers Walmart. Jim Hagemann Snabe, co-CEO of SAP, talks to ET about how business decisions today have become much more immediate and can no longer be taken based on a historic mirror reporting of the last three months.
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Bob Dudley |
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D6 Remains a Golden Block -- 29-Sep-11
BP CEO, Bob Dudley, is upbeat about his $7.2-billion deal with Reliance Industries and says the partnership can be deepened and taken beyond Indian shores. In an interview with Himangshu Watts, Dudley shares his vision and strategy for the Indian market as well as his views on the global situation.
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SD Shibulal |
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A Buyout between $600M & $1Billion is Desirable -- 06-Sep-11
Macro-economic concerns in its main markets and pricing pressures from major clients notwithstanding, India's second largest IT services exporter is pursuing its Infosys 3.0 agenda vigorously. With KV Kamath taking over as the new chairman, the company faces its toughest challenges in three decades. When Infosys looks through the windscreen, market leader TCS is pulling ahead. The view from the rearview mirror shows Cognizant closing in swiftly. Outlining the challenges, new CEO SD Shibulal says the firm will not shy away from making a bold acquisition.
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Rohit Nandan |
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Economic Turnaround of Air India is Top Priority -- 18-Aug-11
Rohit Nandan, the newly-appointed chairman and managing director of Air India, says his foremost priority is to ensure skilful and timely implementation of the airline's financial turnaround plan. Gaining more market share and revitalising customer experience will be on top of his agenda as he embarks upon giving the financiallyailing national carrier a ?complete makeover'. The 1982-batch IAS officer, who has served a couple of years in the civil aviation ministry, seeks to establish connect with his staff by holding weekly open forums.
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Bert Nordberg |
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Big Differentiator for us is Sonyness, says Nordberg -- 10-Aug-11
"Selling mobile phones is like selling fish-you can only sell them if they are fresh, and even a single quarter of bad results, or just one series of bad handsets, can sink the company, says Sony Ericsson Mobile Communications AB CEO Bert Nordberg. The 55-year-old Swede, who moved to the mobile phone maker from networks firm Ericsson in August 2009, says the company is back in profit. ""Our destiny is now in our own hands."
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YV Reddy |
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For India, the Shock may Come from Commodities -- 08-Aug-11
Financial wizards dubbed him 'conservative', 'anti-market', and the man who is 'stifling development' of the Indian financial sector. Few beyond the money market and currency dealers bothered about what he said. That was before the 2008 credit crisis. Now, the world turns to listen to him on what he hasto say about the way central banks are run and governments manage finances.
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Stephen Pratt |
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Infy's Consulting Biz is Most Profitable: Pratt -- 04-Aug-11
For years, consulting was a silver bullet for outsourcing firms looking to move beyond the 'low-cost tag' and compete better with global rivals like Accenture and IBM. Infosys started its consulting business by forming a separate arm in 2004. Earlier this year, the company folded it up into a larger unit as part of a restructuring.
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Kalpana Morparia |
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5000 Runs -- 29-Jul-11
For someone whose standard introduction for years was 'Kalpana Morparia from ICICI', she surprised many when she moved from ICICI Bank after thirty three long years. Around three years ago, Morparia moved into the corner office of the Indian arm of financial services firm JPMorgan.
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Subir Gokarn |
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Containing Inflation is Critical to Growth -- 27-Jul-11
The Reserve Bank of India shocked markets with a higher-than-expected increase in interest rates. But the central bank, which was blamed in the past for falling behind the curve, justifies the policy action by saying that inflation is still a threat that could destroy the long-term potential of the economy if allowed to persist. Subir Gokarn, deputy governor, explains why RBI did what it did in an interview with ET's MC Govardhana Rangan and Gayatri Nayak.
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Kapil Sibal |
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We are Destroying the Hen that Lays the Golden Egg -- 25-Jul-11
He occupies what is probably the hottest of all ministerial portfolios - the telecom ministry. Parachuted into the hot seat following the ouster of A Raja, Congress MP and one of the government's key trouble-shooters, Kapil Sibal, has a tough job on his hand. Between trying to restore credibility to the post he holds and bringing back the gloss to a sector long regarded as one of the biggest successes of liberalisation, this hot-shot lawyer finds himself boxed in by an assertive judiciary, aggressive media, adverse perception, overzealous investigators and an industry in the midst of a fratricidal war.
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Salman Khurshid |
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Three Months Down the Line, I Want at least 60% Marks -- 18-Jul-11
As portfolios go, the law ministry may lack the profile of the finance and foreign ministries or the importance of home. But for the Congress party and the UPA government, this ministry, and its handling, have been cited as the source of much of its recent problems. It could also hold the key to UPA-II's redemption.
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C RANGARAJAN |
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Give Bank Licences To Non-Corporates -- 11-Jul-11
Cause for Cheer: Economy to grow over 8% this year, potential rate of growth is 9%, inflation may be contained at 6.5% by year-end
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Shyamala Gopinath |
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Free Market Never Drives Growth -- 21-Jun-11
After spending nearly four decades with RBI, retiring deputy governor Shyamala Gopinath shares her Mint Street experience and the challenges she faced
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Madhusudhan Rao |
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Acquisition Of Griffin Coal Was A Right Move -- 17-Jun-11
Lanco Infratech, which has overtaken Tata Power to become the country's largest private electricity generator, will now tread cautiously in the sector because of uncertainties in fuel supply and low tariffs. Company executive chairman L Madhusudhan Rao said in an interview with ET's Sarita C Singh that the company was on course to achieve 15,000-MW power generation capacity by 2015. But if required, it would slow down future plans.
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Deveshwar |
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We No Smoke, All Fire In The Belly -- 16-Jun-11
Tobacco-to-hotels major ITC has set its sights on being India's top non-cigarette FMCG company. Deveshwar tells ET's Sutanuka Ghosal his successor will in all probability be an insider, a safe pair of hands.
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Bhaskar Pramanik |
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We Want To Beat The Growth Of China, Brazil -- 16-Jun-11
Microsoft's New India Head Bhaskar Pramanik Wants To Make the Local Arm Fastest-Growing Subsidiary
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Shanker Annaswamy |
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IBM's India Expectations Never Stop to Amaze Me -- 07-Jun-11
When Shanker Annaswamy took over as the managing director of IBM India in 2004, the company was at something of an inflection point. It had just signed its landmark deal with Bharti and acquired business process outsourcing firm Daksh. With Annaswamy at the helm, IBM India is now the largest IT services provider in the domestic market, emerging as the company's biggest global delivery centre outside the US and has grown to become the largest multinational company in India in terms of headcount.
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Pratip Chaudhuri |
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We Did Not Anticipate It. We Should Not Repeat The Mistake -- 25-May-11
For the new chairman of State Bank of India, it has been a baptism by fire. Weeks after taking over, it was left to Pratip Chaudhuri to unveil the bank's results for the quarter to March 2011, which stunned the Street and led to a re-rating of the stock. With a large part of the cleaning-up of books behind him
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Rohit Kapoor |
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EXL's Disciplined M&A Drive -- 24-May-11
A conservative approach to buyouts is helping the BPO firm grow faster & perform better than some peers. At $91 million, the OPI acquisition is EXL's largest buy till date.
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Rajeev Suriis |
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We Are No 1 Telecom Gearmaker -- 18-May-11
About 20 months in the hot seat, Nokia Siemens Networks (NSN) global CEO Rajeev Suriis confident that his turnaround strategy for the troubled Finnish- German gearmaker is starting to yield results. From job cuts to massive losses, the equipment maker has recorded profits for the last three consecutive quarters and has also given guidance for a 1-4% profit margin for the coming quarter.
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Ranbir Singh Butola |
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Raise Prices, Else We Keep Borrowing 8k cr a Month: Butola -- 17-May-11
Soaring crude oil prices and government control on fuel prices have se verely strained the finances of state-run oil marketing companies, including Indian Oil Corporation, or IOC. The company needs a net profit of about . 15,000 crore a year to fund its capital expenditure. But low state-set prices and high taxes force the company to depend on government subsidies to remain profitable.
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Kaushik Basu |
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Inflation a Matter of Global Concern -- 20-Apr-11
"Growth-inflation trade-off theory is misleading. There is no evidence for this International Monetary Fund last week saidIndian economy may be overheating. Chief economic Advisor Kaushik Basu, however, differs with the view point. ""I prefer to reserve that word (overheating) for car engines and ovens,"" he tells Rishi Shah and Deepshikha Sikarwar in an exclusive interview."
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Jeffrey Sean Lehman |
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Narayana Murthy is Irreplaceable -- 18-Apr-11
In two weeks from now, Jeffrey Sean Lehman, head of the nominations committee at Infosys Technologies, will announce the company's new chairman - one of the mosttracked successions in corporate India. In an exclusive interview with Pankaj Mishra, Jayadevan PK & Shruti Sabharwal, and his first with any Indian paper, Mr Lehman avoids direct questions about the candidates shortlisted for the post.
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Christopher J Nassetta |
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In India, the Challenge is to Scale Up Our Hotel Base: Hilton CEO -- 11-Apr-11
"Christopher J Nassetta, president and CEO of Hilton Worldwide, is gungho about the developing markets, particularly China and India. Two years ago, just 15% of Hilton's pipeline projects were outside the US; it's 50% now. And Mr Nassetta told ET's Sriram Srinivasan & Sangeetha Kandavel that ""probably five to seven years from now"" the non-US market could contribute 50% to its revenues."
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Anand Mahindra |
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Ssangyong to Power M&M's Drive in Africa, Ems -- 08-Apr-11
Mahindra & Mahindra is set to introduce its Korean arm Ssangyong's two sports utility vehicles in India. Anand Mahindra, the vice-chairman and managing director of the company, says he will cash in on the goodwill generated by South Korean companies Samsung, LG and Hyundai. Indians like Korean products, says the 55-year-old Harvard alumnus. Mr Mahindra shares his vision for Ssangyong in an exclusive interview with Lijee Philip & Sabarinath M.
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John Klein |
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We Will Not Do Anything That Will Risk Our Culture -- 31-Mar-11
Behind Cognizant's scorching growth is a lean board led by John S. Klein, 68, helping the company retain its start-up culture, identify new leaders and ensure an effective dialogue between the executive leadership team and board members.
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Vsevolod Rozanov |
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While Spectrum Road Map isn't Clear, There is no Immediate Risk to our Expansion Plans -- 31-Mar-11
Sistema Shyam TeleServices (SSTL), a joint venture between Sistema of Russia and Shyam Group of India, has invested over $2.2 billion (around Rs 9,900 crore) in India so far, but accounts for a mere 10 million of the country's 750 million mobile connections. A new entrant, SSTL, which retails its services under the MTS brand, is betting big on being a datacentric operator since current broadband penetration level is less than 1% compared with 55% in voice services, but lack of clarity on additional spectrum allotment may derail its plans.
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Kumar Mangalam Birla |
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Regulatory Environment's to be Blamed for 2G Chaos -- 28-Mar-11
In the 16 years that he's been at the helm of the Aditya Birla Group, Kumar Mangalam Birla has made 20 acquisitions, pushed revenues from $2 billion to $30 billion, and become a global-scale producer in metals and cement. Barely 42, Mr Birla now wants to floor the pedal. He's talking of more than doubling the group's revenue to $65 billion by 2015 and pursuing deals even bigger than Novelis in cement.
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Ajit Jain |
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Taking Minority Stake & Doing 100% Work Doesn't Hold up for us -- 24-Mar-11
Berkshire Hathaway, Warren Buffett's investment firm, is unlikely to invest in an insurance business in India since it is keen on holding at least 80%. The Indian-born head of Berkshire's reinsurance unit, Ajit Jain, tells Shilpy Sinha of ET on what the priorities are.
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Vikram Talwar |
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It Is Difficult for IT Cos to Understand BPO Biz -- 22-Mar-11
It was in 1999 that US-based Vikram Talwar, a former Bank of America executive, was looking for a domain name that resonated with 'excellent service'. Since EXLService.com was the cheapest available at $45, he bought one and started an insurance back office out of Noida, near Delhi. Today, the business process outsourcing firm is valued at over $500 million, with sales for 2010 totalling $250 million.
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PeterVoser |
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We are Thinking of Increasing Natural Gas Capacity at Hazira -- 22-Mar-11
These days, Peter Voser, CEO of Shell, is having to answer uncomfortable questions about working with dictators rather than about Shell's own performance and cash flows - which he insists is on track since the company launched a massive three-year project to improve performance and cut costs. The focus at Shell is on gas and more gas, a fuel that Mr Voser and his team expect to top demand in future.
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Ian Robertson |
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India to be Among BMW's Top Markets by 2020 -- 18-Mar-11
India is a priority market for BMW and the German luxury carmaker will continue to invest here even if the government sticks to its tighter import norms, a top official said. India will be among BMW's top markets by 2020, says BMW AG Board Member, Sales & Marketing, Ian Robertson. In the 2011-12 Union Budget, Finance Minister Pranab Mukherjee has redefined the meaning of completely knocked down (CKD) units of vehicles by excluding units containing pre-assembled engine, gearbox or transmission mechanism.
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D Shivakumar |
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Our Strategy is to Connect the Next Billion to the Internet -- 16-Mar-11
Confronted with declining market share in India, Nokia has been exploring a slew of options from launching new products, focusing on services through its ovi store and enticing developers to produce apps, as it attempts to claw its way back. India is Nokia's second-largest market in terms of both volume and revenue. Nokia India's vice-president and MD D Shivakumar talks to ET's Gulveen Aulakh on the steps the company is taking to correct the slide in here, the local impact of the Microsoft tie-up and rising competition from domestic handset makers.
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Montek Singh Ahluwalia |
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Freeing Diesel the Only Option: Montek -- 14-Mar-11
There are a lot of things that bother the country's chief planner, Montek Singh Ahluwalia. Topping that list is the need for reviewing existing policies and tweaking them to produce better performance. He says the Planning Commission is sometimes considered a nuisance as it has challenged the way things are done. Because the government works in silos, even those changes that everyone knows are needed become difficult to implement. This needs to change, says the deputy chairman of the Planning Commission.
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Howard Stringer |
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Sony's India Scorecard: Slow Start, Fast Finish -- 09-Mar-11
Sony Corporation head Sir Howard Stringer wants India to be in the Japanese electronics major's top five markets in the next couple of years. The first non-Japanese head of Sony believes the company's strong product portfolio-ranging from high-definition television, digital camera and handycam to laptop, cell phone and gaming devices-along with content and service businesses like broadcasting and music and movie production will drive up Sony's business in a booming India. Sir Howard agrees that Sony was slow to take off in India, but says it has made up for lost time. He believes Sony Entertainment Television bagging the rights for the Indian premier League was a brilliant move.
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Ulrich Hackenberg |
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Our Aim is to Increase Dealership Density Along India's Countryside -- 07-Mar-11
Volkswagen wants to develop a dealer network that covers every corner of the country and increase production before launching any new mass car in India, a top official said. Ulrich Hackenberg, member of the Supervisory Board of Management at Volkswagen AG and technical development head, says Europe's largest carmaker wants to increase dealership density along the countryside.
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Douglas Flint |
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A Slowdown is an Opportunity to Build More for the Long Term -- 03-Mar-11
As chairman of HSBC Holdings, Douglas Flint leads one of only a handful of banks that survived the global economic crisis without a government bailout. Flint, 55, tells ET in an interview that the time has come for banks to return to basics - being financial intermediaries - and rebuild trust with the public and governments. The banking sector may be out of the woods for now, but it is still stalked by numerous dangers.
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Torsten Muller-Otvos |
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India is Second-Fastest Market for Us After China: Rolls-Royce -- 23-Feb-11
Rolls-Royce Motor Cars, the world's largest hand-crafted car company, targets to sell more than 100 cars in India this calendar, its CEO Torsten Muller-Otvos says. The superpremium luxury sedan unit of German carmaker BMW sold 80 cars in the country in 2010, 600% more than the previous year, as the demand for super luxury cars continued to rise in the country.
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Sunil Mittal |
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India's Telecom Party is Over: Mittal -- 17-Feb-11
BHARTI Group chairman Sunil Mittal, whose company is the world's fifth-largest mobile operator by customers and has more than 200 million users across India, South Asia and Africa, is increasingly concerned over the controversies enveloping the sector in India are hurting investors' confidence. In an exclusive interaction with ET's Joji Thomas Philip on the sidelines of the Mobile World Congress in Barcelona, Mr Mittal shares his views on Trai's latest recommendations on 2G spectrum pricing, threat from RIL's entry into the sector and progress of its African operations.
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Helmut Mahler |
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Do More With Less,Drive Cost Out of IT -- 15-Feb-11
Daimler AG is the world's largest maker of heavy trucks and number two luxury carmaker with marque brands like Mercedes Benz. Helmut Mahler, the company's CIO, first bought the Indian outsourcing story over a decade ago when Nandan Nilekani, then Infosys CEO, made a pitch about taking over the automaker's SAP system.
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Angus S Deaton |
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To Reduce Poverty, India May Have to Put up With Inequality -- 14-Feb-11
Angus S Deaton is among the world's foremost authorities on poverty and health economics and has done extensive research on poverty and public health in India. Besides collaborating with economists such as Jean Dreze and Abhijit Banerjee.
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Sandra Pupatello |
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There's extra momentum to engage with a growing India -- 10-Feb-11
CANADA, it appears, is in a hurry to get somewhere. Having lived long in the shadow of Big Brother USA, an increasingly confident and assertive country is shedding its inhibitions to seek its rightful place in a globalised world. And Canada thinks that India has a big role to play in helping it achieve that goal. Both nations are working on a Comprehensive Economic Partnership Agreement to boost bilateral trade from $5 billion per year to $15 billion in the next five years. One of the champions of Canada's push for global investment is Ontario's minister of economic development and trade Sandra Pupatello.
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Ashok Soota |
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Reasons for resigning are personal,not biz-linked -- 08-Feb-11
His exit was abrupt and unexpected leaving many wondering about the potential problems in MindTree. In his first interview post resignation, he tries to paint a picture of normalcy
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Gary Locke |
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FTA to take time, but we have tools to settle issues -- 08-Feb-11
US COMMERCE secretary Gary Locke is back in India with a strong business delegation to take forward trade initiatives discussed during President Barack Obama's visit in November last year. Whether or not the dollar appreciates with the ongoing consolidation of US economic recovery, America has to export more, doubling exports by 2015, the current administration is very clear.
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Sanjay Kapoor |
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3G will be another step towards consolidation -- 28-Jan-11
THE Boston Consulting Group's latest report on 100 rising stars of business from developing countries has two new Indian entrants - Bharti Airtel and Lupin Pharmaceuticals. The Sunil Mittal-promoted telecom company, which spread its wings to Africa last year, and now boasts of over 200 million customers, is fast emerging as a serious global challenger. Yet its biggest test will continue to remain the ultra-competitive Indian market.
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Vineet Nayar |
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Consolidation's Good For The IT Industry -- 20-Jan-11
HCL Technologies' CEO Vineet Nayar looks a relieved man now with a hedge loss of almost three years behind him. The company posted faster growth than rivals Infosys and TCS for the quarter ended December, even as it struggled with MNCs like IBM, CSC and Accenture to grab big deals, though at lower margins.
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RS Sodhi |
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Amul Targets 30,000-Crore Sales By 2020 -- 17-Jan-11
RS SODHI, the new managing director of Gujarat Co-operative Milk Marketing Federation, wants to convert Amul into a strong food brand by pushing categories such as ice-cream, beverages, paneer, dahi and fruit lassi. The 52-year-old alumni of the first batch of the Institute of Rural Management-Anand...
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G P Hinduja |
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India will surpass China in 5 years -- 13-Jan-11
Hinduja Group is ramping up its realty and hospital businesses and plans to expand its presence geographically. Group co-chairman GP Hinduja says, they are also on track to roll out LCVs in a joint venture with Nissan this year.
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Mallikarjun Kharge |
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No Lock-In Period For EPF Withdrawals: Kharge -- 07-Jan-11
Bringing Contract Workers On Par With Regular Workers Must For Both Peace & Progress, Says Labour Minister TREATING contract workers on a par with regular staffers will not only promote industrial peace but also productivity, according to Labour Minister Mallikarjun Kharge.
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Kapil Sibal |
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Market Brand Education As A Social Good: Sibal -- 05-Dec-11
Minister Stresses Need For Government & Private Players To Work In A 'Synergistic & Symbiotic' Manner To Enhance Quality Of Education
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Govind Shrikhande |
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We Hate The Word 'Discount' -- 03-Jan-11
Govind Shrikhande, the managing director of Shoppers Stop, hates the word 'discount'. But it seems to be working for the Rs 1,600-crore retail chain, which claims to have one loyal customer per square foot of retail space. The retailer made . 27-crore profit in the first half of last year.
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Dilip Modi |
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Assocham To Take Digital Route For Inclusive Growth -- 13-Dec-10
DILIP MODI, Spice Mobility managing director who took over as president of The Associated Chambers of Commerce and Industry of India (Assocham) on Saturday, has his agenda set out. Leveraging his 15-year background in an industry currently mired in controversy...
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Kenneth C Frazier |
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Merck Bets On Partnerships For Growth In India -- 13-Dec-10
MERCK, the world's secondlargest drugmaker, is looking for partnerships with Indian companies in manufacturing, research and development (R&D) and innovative branded generics. In his first interview after being named as the new chief executive officer of the American company...
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Sriprakash Jaiswal |
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For Coal, We Have To Enter Forests -- 06-Dec-10
What we have suggested is that these 'no go' areas or areas banned for coal mining should be restricted to 10% of the dense forest areas identified for coal mining, says coal minister
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Bart Becht |
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The Bart-er Effect -- 01-Dec-10
HE'S acquired a reputation of being obsessed with cleaning and of course, running a tight ship at Reckitt Benckiser. But CEO, Bart Becht says he doesn't have a passion for cleaning, but what he does have is a keen interest in talking to consumers and picking up tips that help him in his business. After all, with a portfolio of household, personal care and health power brands,
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Kiminobu Tokyama |
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We Plan To Sell 1 Lakh Cars By 2013: Nissan -- 29-Nov-10
PREPARING big for the Indian market, Japanese auto major Nissan Motor plans to ramp up the capacity at its manufacturing plant at Oragadam, near Chennai, as it faces increasing demand for its newly-launched Micra. In an interview to Sobia Khan, Nissan India CEO and MD Kiminobu Tokyama discusses the company's plans for the passenger and commercial vehicle segments, the ramping up of export from India and his company's strategy for the fast-growing smallcar segment.
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Gustav Baldauf |
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Handling human resources is the biggest issue: AI's Baldauf -- 16-Nov-10
THE chief operating officer of national carrier Air India, Gustav Baldauf, surely did not bargain for the heat he is facing when he agreed to join the carrier that faces a gamut of financial, operational and people issues. But Air India, the Austrian feels, is redeemable if people are allowed to do what they are meant to do with little interference. He spoke to Manisha Singhal on the turnaround plan and building brand Air India.
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Indra Nooyi |
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Was She? Wasn't She? Nooyi Keeps Mystery Alive On Tata Top Job Offer -- 09-Nov-10
"INDRA Nooyi coyly suggested that she has not been made a job offer as Ratan Tata's successor while simultaneously seeking to preserve an aura of mystery around talk linking her to the top job at one of India's most respected conglomerates. ""If Ratan had asked me, it would have been difficult to trade a great job for another great job,"" the chairman and chief executive of PepsiCo told ET in an interview on Monday"
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Aneesh Chopra |
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We Created An Entire Industry In One Month -- 09-Nov-10
ANEESH CHOPRA, the 38-year-old chief technology officer (CTO) in the Barack Obama government, is an admirer of how technology is being used as an enabler in India by the government, by entrepreneurial not-for-profit organisations and of the innovation that is happening around mobile technology here. Mr Chopra, who is of Indian origin, is, for instance
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Nandan Nilekani and Thomas Friedman |
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India, US Doomed To Be Friends -- 04-Nov-10
IN A WORLD THAT'S flat, will protectionism lead to its downfall? Just days before the crucial Obama visit, Nandan Nilekani and Thomas Friedman, the original proponents of outsourcing and business without barriers, talk to ET NOW's senior editor Shaili Chopra on whether the US President's visit will be a game-changer or get marred in the leftovers of politics back in America
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NR Narayana Murthy |
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Kamath Qualified To Step Into My Shoes -- 01-Nov-10
But I don't want to pre-empt the nominations committee; its decision would be final: NRN
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Sanjeev Chadha |
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I Leave With A Sense Of Satisfaction -- 01-Nov-10
PART OF the core team that built PepsiCo's India business from scratch two-decades back, Sanjeev Chadha, 50
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Jeff Raikes |
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India Is Top Priority For Gates Foundation -- 01-Nov-10
JEFF RAIKES, the man behind Microsoft Office software and one of the first 100 employees of the software giant, shifted gears in 2008 - from running the business division of Microsoft as its president to CEO of Bill & Melinda Gates Foundation, the world's largest private foundation. It was not the best of times to make a career switch, particularly when the Foundation saw almost $8 billion of its about $34-billion corpus erode in the global financial meltdown.
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Harish Manwani |
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Our Focus Is To Drive Growth With More Volumes -- 26-Oct-10
Co Will Have Better Representation In Foods, Personal Care Sub-Segments, Says HUL Chairman Harish Manwani, EVEN for a company that claims two of every three consumers in India use its products, Hindustan Unilever must be smug with its showing in the September quarter. Volumes grew the fastest yet, outpacing the overall fast-moving goods market.
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Lawrence Summers |
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US Has To Make Very Tough Choices To Power Economy -- 18-Oct-10
The greatest risk to the financial health of the US government and to the American influence in the world is a protracted slowdown, says Lawrence Summers, President Obama's top economic advisor
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Michael Boneham |
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Figo to have 8 siblings in five years -- 13-Oct-10
US carmaker Ford has tasted success in India 13 years after its entry with its first compact car,the Figo. The company now plans to bring in eight new models in five years to build on the success of Figo, which helped it triple its sales in recent months,says Michael Boneham, president and managing director of Ford Motor India.The carmaker plans substantial investments in the country to become a major player in coming years, he told ET's Gulveen Aulakh in an interview.
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Bill Gammell & Anil Agarwal |
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I Was Impressed By Anil's Vision -- 12-Oct-10
Bill Gammell And Anil Agarwal Come Together To Clear The Air On Cairn India, Talk About How They Met Up, And How They Want To Take Their Business Venture Forward. Read On?
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Bill Gammell |
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Ball Is In Govt's Court -- 11-Oct-10
As the Cairn-Vedanta deal awaits the Union government's approval, Cairn Energy CEO Bill Gammell appears confident it will be completed by the year-end THE Cairn India-Vedanta deal cleared a hurdle when shareholders of Cairn Energy Plc approved it at a meeting in London.
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Eric D. Landheer |
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Indian Cos Are Also Sources Of Investment -- 08-Oct-10
NASDAQ OMX, which owns and operates NASDAQ and seven European stock exchanges, is cautiously watching India's emergence as an economic superpower. Eric D. Landheer, head of Asia pacific, NASDAQ OMX, says Indian companies with global ambitions could benefit from the visibility offered by a Nasdaq listing.
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Andreas Schaaf |
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BMW To Step Up India Investment To 180 Cr -- 07-Oct-10
BMW is betting on the X1, to be launched in the country by the end of the year as its entry-level model, to upstage arch rival Mercedes Benz in the luxury car market. Following a rethink in its strategy in India, the German luxury carmaker has secured board approvals to step up investments in innovation, product launches and services in India,
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Pranab Mukherjee |
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No Need To Panic Yet -- 05-Oct-10
THE economy is on a roll and the question is not about reaching an 8.5% growth any more but about breaching it. Markets are in a tizzy and 21K is just a step away. Hours before finance minister Pranab Mukherjee left for Washington for the Fund-Bank meet, ET Now's Supriya Shrinate caught up with him to take stock of the economy and India's assessment of the global situation.
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Kumar Mangalam Birla |
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Inside The Novelis Turnaround -- 04-Oct-10
Kumar Mangalam Birla overruled managers and took the risky decision to buy Novelis for $6 billion. Now, he's rolled up his sleeves and turned it around, report Kausik Datta and M Anand
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Dr Rajendra S Sisodia |
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They Reject The Idea Of Any Kind Of Exploitation In Pursuit Of Selfish Goals -- 01-Oct-10
The conscious-capitalism movement is being championed by a few. One of them is Dr Rajendra S Sisodia, chairman, Conscious Capitalism Institute. In 2007, Dr Sisodia, along with Jagdish Sheth and David Wolfe, wrote a book called 'Firms of Endearment' about companies that are loved by all who come in contact with them. Even investors: the listed companies among the 28 conscious-capitalist firms listed in the book returned 1,025% in the 10 years to June 2006
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Shiv Nadar |
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I Can Build An Institution Different From Bill Gates -- 29-Sep-10
FOR SHIV NADAR, LIFE REVOLVES AROUND PHILANTHROPY THESE DAYS But he feels that Indian billionaires are not playing their role, and can do much more
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Stephen Schwarzman |
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Do Not Lose Your Money -- 27-Sep-10
The Great Recession, many had predicted, would lead to the demise of private equity in a wave of bankruptcies. But PE has ridden out the crisis and emerged stronger, says Stephen Schwarzman, billionaire chairman of the Blackstone Group. Mr Schwarzman spoke to Vinod Mahanta on a range of issues including the role of regulation,
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MR Giovanni Bisignani |
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Scrap Service Tax On International Travel -- 24-Sep-10
MR Giovanni Bisignani, director general and CEO of the International Air Transport Association (IATA) said on Thursday that the Indian government should scrap service tax on international travel and allow foreign airlines to pick up stake in Indian carriers. In an exclusive interview with G Ganapathy Subramaniam and Anindya Upadhyay,
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GV Prasad |
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No Indian Co Is A Tier-I Pharma Player -- 21-Sep-10
In a candid conversation, Dr Reddy's Laboratories' vice-chairman and MD, GV Prasad, talks about the strengths and weaknesses of the domestic pharma industry, the challenges facing DRL, its $3-billion target and the government's thoughts on FDI in pharma
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OP Bhatthas |
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The Elephant's Dancing -- 16-Sep-10
Dubbed once as a staid old public sector bank struggling to keep pace with its nimble-footed private peers, State Bank of India today has proved that with a strong leadership even an 'elephant can dance'. And what's more, its rivals are trying hard to keep up with the pace set by the Big Daddy
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Hans Vestberg |
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3G Services To Help Industries Innovate -- 13-Sep-10
THE world's largest telecom gear maker Ericsson has gone all out over the past 18 months advocating the upcoming long-term-evolution (LTE), a fourth generation technology standard. Ericsson's global president & CEO Hans Vestbergin an exclusive interaction with ET's Joji Thomas Philip reiterates that LTE is the natural migration path for GSM and 3G technology standards
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Suresh Vaswani |
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Wipro keen on acquiring small pearls: Vaswani -- 02-Sep-10
JOINT-CEO of Wipro, Suresh Vaswani, 50, has grown his career from ground up at India's third-largest software exporter. Mr Vaswani, who joined Wipro through an IIM-A campus placement some 25 years ago, was chosen by Azim Premji as his personal assistant in 1991.
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Sanjay Kapoor |
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3G may not come cheap -- 01-Sep-10
Bharti Airtel's CEO Sanjay Kapoor says 3G services will not come bundled with unlimited plans. It will only benefit customers who opt for specific options such as downloads and surfing in small packets
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Francisco D'souza |
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Downturn's An Opportunity -- 31-Aug-10
THE chief executive of Cognizant Francisco D'Souza, 42, is the youngest among CEOs at the top-five India-based technology firms. The son of an Indian diplomat born in Nairobi, Kenya, D'Souza is leading a firm that is beginning to threaten India's 'top-three software exporters' club.
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John Donahoe |
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eBay Helps Small Traders Turn Millionaires -- 30-Aug-10
Donahoe Counts On 3G And Broadband Rollouts To Help E-Commerce Grow In A Big Way In India
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James D Taiclet |
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We Are Not Seeking To Be Largest Tower Co In India -- 26-Aug-10
THE recent emergence of three large telecom tower companies in India - Indus Towers, GTL Infrastructure, and Viom - has brought focus and glamour to what was an ancillary business for telecom operators for almost a decade. Among them, these companies boast of owning the largest number of towers in the world, but still have a lot of ground to cover when it comes to profitability.
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Matthew Vallance |
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Offshore-Only BPO Model Won't Work: Firstsource MD -- 26-Aug-10
ONE of the few third-party back-office firms of global scale to be listed out of India, Firstsource Solutions is now headed by a British national, Matthew Vallance. Mr Vallance, who took over from Ananda Mukherji as CEO & MD, completes one month in office on Friday. Mr Vallance believes the way forward for the BPO firm is to focus on its areas of specialisation
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Arvind Virmaniis |
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Global Crisis Won't Hit Home-Led India Much -- 25-Aug-10
International Monetary Fund executive director-India Arvind Virmaniis confident that the Indian economy can sustain a growth rate of over 8%, but says high inflation remains a concern. He suggests some structural changes to contain inflation and reasons out the difference in the IMF and the government's growth
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Jonathan Reckford |
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Donations, Sweat Equity Help Build 1.5-Lakh Homes -- 20-Aug-10
AONE-ROOM house of 250-300 sq ft for 1.2-1.5 lakh, one-third cash down and the rest an interest-free loan for 5-7 years. Habitat for Humanity, a global NGO present in 90 countries, is leaning on this model to provide housing to the poor and the homeless in India. Since entering India in 1983, aided by corporates and NGOs, it has built 35,000 houses. By 2015, it is looking to scale up to 1,00,000 homes
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Anil Agarwal |
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After Metals & Mining, Oil's The Next Level For Us -- 17-Aug-10
ANIL Agarwal, the London-based metals tycoon, is renowned for his risk-taking abilities, having turned two underperforming public sector units, Balco and Hindustan Zinc, which he bought early this century, into hugely profitable companies. On a day when a government-appointed panel recommended that his company,
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Atul Bindal |
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Non-Voice Services To Play A Dominant Role -- 16-Jun-10
INDIA IS WITNESSING TRANSFORMATION FROM VOICE TO DATA SERVICES, SAYS AIRTEL THE country's largest cellular operator, Bharti Airtel, is gearing up to consolidate its India share and expand global footprint. The company, which reported a 32% fall in its April-June net profit, is looking at rolling out 3G services by yearend. The telecom operator has earmarked a capital expenditure of $3.1 billion (over 14,000 crore) for India and other global operations in the current fiscal, and is betting big on non-voice offerings. Atul Bindal
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Atul Sobti |
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When Differences Can't Be Resolved, You Must Move On -- 13-Aug-10
FOR Ranbaxy, troubles seem to be far from over. Atul Sobti, managing director and chief executive of the company, resigned on Thursday, quoting irreconcilable differences with the firm's parent, Japanese pharma firm Daiichi Sankyo. In an interview with ET's Khomba Singh, Sobti talks about his experience with India's No. 1 drugmaker and the issues that led to his exit.
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Wilfried Aulbur |
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Towns Will Spur Luxury Car Demand -- 02-Aug-10
FOR a luxury car brand thats clocking nearly 70% growth in sales,Mercedes-Benz is in top-gear form in India.After conceding market leadership to arch-rival BMW last year,the company has zoomed back to claim 40% marketshare in the first six months of the calendar year.Not surprisingly,managing director and CEO Wilfried Aulbur is looking to add a shift and ramp-up production.Mercedes-Benz has a brand-new plant in place at Chakan
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Vince Cable |
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We Want India At The Centre Of Our Foreign & Economic Policies -- 30-Jul-10
"Vince Cable Is Positive That The World Is Getting Out Of Financial Crisis IN 2003, he predicted the financial crisis that shook the world four years later and is said to have warned the then UK chancellor of exchequer Gordon Brown about it. Seven years later, Vince Cable, now the business secretary in the newly-elected Conservative-Liberal Democratic government, is reasonably positive that we are getting out of it."" In an exclusive interview with Amiti Sen"
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Malvinder Singh |
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We Were Not Keen On A Bidding War -- 27-Jul-10
Co Remains Committed To Pan-asia Plans, Says Fortis Chairman Fortis Healthcare Chairman Malvinder Singh Was Personally Spearheading His Company'S Acquisition Of Parkway Healthcare And Had Even Announced Plans Of Relocating To Singapore. But After A Bidding War With Parkway'S Other Big Shareholder Khazanah, He Has Decided To Pull Out.
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Anil Agarwal |
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Vedanta May Take JV Route For Steel Foray -- 26-Jul-10
Co Also Keen On Diversifying Into Gold & Nickel Businesses, Says Executive Chairman Anil Agarwal AFTER making his mark in aluminium, zinc, copper, lead and iron ore, Vedanta Resources' executive chairman Anil Agarwalplans to diversify his company's metals portfolio further by entering into steel and nickel businesses.
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P Chidambaram |
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Maoists Crafty Capitalists -- 22-Jul-10
THERE IS NO EVIDENCE THAT THE NAXALS have any truck with their ideological fellows in Nepal, the Trinamool Congress of Mamata Banerjee or even Islamist terrorists, but intelligence reports suggest that they are in clandestine league with political parties in some parts of Jharkhand, home minister P Chidambaram tells ET's Rohini Singh
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C Achuthan |
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New Norms Give Equitable Treatment For All -- 20-Jul-10
A FEW months ago, when C Achuthan, former presiding officer of the Securities Appellate Tribunal (SAT), was appointed as the chairman of a committee to overhaul India's takeover rules, he was quite clear that the assignment would have to be thoroughly professional and one that would stand the test of time. On Sunday, a day before unveiling the recommendations of the panel
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Ken Wirth |
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LTE Tech Will Help 3G Cos Plug Network Gaps, Says Alcatel Lucent's -- 16-Jul-10
Co Is In Talks With Indian Operators Who Have Announced Their Commitment To The Technology EUROPEAN telecom equipment vendor Alcatel Lucent feels the fourth generation Long-Term Evolution (LTE) technology is better placed to increase India's limited broadband penetration compared to WiMAX. The company, which recently shifted its focus to LTE from WiMAX,
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Nandan Nilekani |
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All Pieces Of UID Ecosystem Falling Into Place -- 06-Jul-10
AS Nandan Nilekani, the billionaire Infosys cofounder who quit the company to lead India's citizen database and identity project in July last year, completes his first year in government service this month, there are bigger challenges of execution ahead. While the past year brought out the best of Nilekani's 'consensus building' and negotiation skills resulting in support from most political leaders irrespective of their political ideologies, the next few years will be the toughest.
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EdWhitacre |
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Asia To Fuel GM Growth -- 06-Jul-10
EdWhitacre, the latest in a succession of General Motors CEOs, has to steer the automobile giant through some tough terrain. The silver lining for the former AT&T chairman & CEO is GM's buoyant performance in the East, with sales in China overtaking that of the US this year.
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Shiv Nadar |
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We Aim To Create Leaders: Nadar -- 01-Jul-10
With Vidyagyan, HCL's Founder Chairman Looks To Give Wing To The Ambitions Of Poor Rural Children LAST week, Shiv Nadar, HCL's founder chairman, raised about $125 million by selling a small stake in HCL Technologies to invest in - among other initiatives - an ambitious project that aims to educate poor rural children and mould them into leaders. This not-for-profit venture
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Anand Mahindra |
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M&As not done for ego or size -- 29-Jun-10
We are not arrogant...we take calibrated risk, says Anand Mahindra, vice-chairman & MD, Mahindra & Mahindra, about the group's latest buying spree in various spaces in a conversation with ET.
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Wilfried Aulbur |
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Now, Mercedes to sell used cars in India -- 29-Jun-10
MERCEDES-Benz has reclaimed the top slot in the Indian luxury market after losing it to BMW last year by driving in 15 new cars into one of the world's fastest-growing car markets so far in 2010. And it plans to keep up the tempo for the rest of the year by bringing more vehicles, Wilfried Aulbur, MD and CEO of Mercedes-Benz India, says. The company on Monday announced its entry into pre-owned car business in India.
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Manoj Kohli |
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Indian Telecom: Vision 2015 -- 28-Jun-10
A mix of wireless broadband, spectrum roadmap, moderate taxes and consolidation will help the sector enter next phase of growth
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J Suresh |
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We Want To Take Advantage Of Gap Between Levi's & Diesel -- 21-Jun-10
TEXTILE MAJOR ARVIND TO TAP SUPER-PREMIUM, PREMIUM & VALUE APPAREL SEGMENTS TEXTILE major Arvind demerged its lifestyle brands and value retail division Megamart last year in a bid to chart its growth plan and attract better valuations. Out of an investment outlay of Rs 400 crore, earmarked for a fouryear period until 2012, Rs 250 crore has already been infused into these businesses.
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Dr Pronab Sen |
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It's Scary. General Price Rise Has Begun -- 18-Jun-10
THE Indian economy is on a roll with industrial production surging the most in 15 years and the government confident of a near 9% growth in the first quarter. But the potential inflationary spiral and European crisis can play spoilsport, says country's chief statistician, Dr Pronab Sen, in an interview with ET's V Yogasri Poorna & Surabhi.
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Subir Gokarn |
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Volatility May Give Way To Significant Inflows -- 16-Jun-10
WITH inflation inching up again, there is pressure on the central bank to act. At the same time sections in the government are outspoken that an increase in interest rates would imperil growth. But Reserve Bank of India deputy governor Subir Gokarn makes a strong case for getting out of the accommodative phase. According to him, countries like India where growth has returned need to normalise their monetary policy fast in order to create the capacity to deal with the next crisis.
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Biplab Majumdar |
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India Is A Manufacturing Hub For High-Tech Products -- 15-Jun-10
ABB investors were stunned last month when it offered to buy back a substantial stake from shareholders and take its stake to over 70%. Investors saw it as a prelude to delisting the company and taking it private. In an exclusive interview with ET'sSobia Khan, Biplab Majumdar, vice-chairman & managing director, ABB India, rubbishes talk of an exit, but acknowledges challenges such as margin pressures and cut-throat pricing.
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Kalanithi Maran |
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Whatever I Do, I'm An Active Player -- 15-Jun-10
KALANITHI Maran, owner of the Sun TV empire, stunned the aviation sector by beating out well-known names in Corporate India to emerge victorious in the race to buy SpiceJet. Mr Maran, whose Sun Network is one of the dominant names in the Indian television entertainment scene, has no experience in aviation. Nor has he partnered with somebody in the aviation business to do the deal.
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Ashok Chawla |
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GST Looks Suddenly Doable: Chawla -- 14-Jun-10
THE over Rs 1,00,000 crore bonanza from the 3G and broadband auctions has dissipated all fiscal concerns for the finance ministry. A sticky inflation and the dodgy issue petroleum subsidies seem to be the only concerns. Finance secretary Ashok Chawla talked to ET's Deepshikha Sikarwar and Vinay Pandey on a wide range of issues such as rupee volatility, impact of Greek crisis and the new norm that stipulates 25% floating stock for listed firms
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Arvind Saxena |
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We Are Now Taking Position Of A Trusted Innovator: Hyundai -- 14-Jun-10
HYUNDAI WILL BRING ELECTRIC CARS WHEN THERE'S ADEQUATE INFRASTRUCTURE HYUNDAI Motor, India's second-largest carmaker, has lined up ambitious growth plans for the Indian market. Encouraged by the scorching demand for cars over the last year and rising competition, the company has decided to launch at least three new car models every year to keep up with an ever-increasing demand.
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BM Bansal |
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Not Upset, Oil Hike Call Can't Be Made In Haste: IOC Chairman -- 10-Jun-10
India's largest fuel retailer, Indian Oil Corp (IOC), managed a net profit of Rs 10,220 crore (Rs 2,949) in its golden jubilee year 2009-10 despite absorbing a loss of over Rs 3,000 crore from selling subsidised fuel. The same year, it also moved up 11 places to 105 in the Fortune Global 500 list. The company was expecting some policy support from the government to further improve its performance in the current financial year
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Sunil Mittal |
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Zain's The Kind Of Challenge We've Been Looking For -- 09-Jun-10
With Zain Africa Under Its Fold, Bharti Has To Now Deal With 15 Currencies, 15 Governments & 15 Regulators, Says Sunil Mittal SUNIL Mittal, 52, is a content man today. His Bharti Airtel is firmly in control of the second-largest telco in Africa after making a $7.9-billion cash payment to Kuwait-based Zain. He is confident that he has not overpaid for Zain's Africa operations and says that the interest outgo will be less than $200 million annually.
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Sigve Brekke |
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Trai Proposals Don't Support Govt's Political Drives -- 03-Jun-10
NORWAY'S Telenor may be a late entrant in the 'over-crowded' telecom market in India, but the company that has accumulated 50 lakh customers within months of its launch, is confident that with the right focus on distribution, pricing and segmentation, it can make its India foray a success. Telenor, which offers services in India under the Uninor brand, surprisingly stayed out of the 3G auctions, but the telco's executive vice-president and head of its Asia operations Sigve Brekke maintains that the company took the right call.
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M Govinda Rao |
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Centre Be Fair, But States Need To Pull Up Socks: NIPFP -- 02-Jun-10
THE Thirteenth Finance Commission recommendations on revenue sharing have failed to satisfy states, which are demanding more concessions from the Centre. The debate on the goods and services tax has further strained Centre-state relations. M Govinda Rao, director of National Institute of Public Finance and Policy, explains his position on these issues in conversation with Prachi Marwah and Surabhi.
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John Flannery |
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We'll Now Produce What India Wants -- 01-Jun-10
GE has, for the first time, given a free hand to its India head to take decisions locally, and by doing this, new GE India president & CEO John Flannery is looking at a quantum change in local manufacturing operations in next three-five years
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Steve Ballmer & Anand Mahindra |
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No Slowdown For Innovation -- 31-May-10
Microsoft CEO Steve Ballmer and Mahindra & Mahindra boss Anand Mahindra brainstormed about profitability and how technology can help shape the world HE MAY not be an expert of the economy, but Microsoft CEO Steve Ballmer sure knows where he is going. Into the cloud.
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Sushil Kumar Roongta |
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Capitalising On Core Push -- 28-May-10
N avid hockey lover and sports enthusiast, SAIL chairman Sushil Kumar Roongta exhibits the kind of energy at work which may embarrass even youngsters. A great communicator and a keen listener, he has been at the helm of reforming the country's steel industry
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Subhash Narayan |
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Ore Strength & Expansion -- 28-May-10
MDC is coming out of the confines iron zone and diversifying into coal, rock phosphate, potash, limestone and metal mining. The company, which successfully completed its follow-on public offer recently, has lined up investments of Rs 26,000 crore in the Eleventh Plan. In a conversation with Subhash Narayan
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Joseph Stiglitz |
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Don't Blame The Greeks -- 26-May-10
HOUSEWIVES in Greece and Spain didn't blow up money as the world thinks they did. They are suffering because of a reckless Wall Street and central banks which didn't want to upset the apple cart. The euro will survive, but the price would be volatility and turmoil. And soon, US markets will battle with another round of mortgage defaults and turmoil. Not our words.
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David V Day |
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Infy Faces The Challenge Of Developing Leaders -- 26-May-10
PROFESSOR David V Day is one of the best known advisors to companies and organisations across the globe on leadership development and management. His latest assignment is a three-year engagement with Infosys Technologies, to help India's second-biggest software exporter identify sustainable leadership models
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Miles White |
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Our Focus Is To Cement Leadership Position Here -- 25-Mar-10
AFTERpaying a titanic sum of Rs 17,000 crore for the Rs 2,000 crore drug formulations business of Piramal, Abbott Laboratories chief executive officer Miles White told Deepali Gupta it's now time for the company to cement its leadership in the Indian market.
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Pranab Mukherjee |
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European Crisis Won't Be A Big Drag On India -- 21-May-10
FINANCE MINISTER PRANAB MUKHERJEE says getting GDP growth back on track is his - and the government's - major achievement. In an interview with ET's Deepshikha Sikarwar, Vinay Pandey and TK Arun, Mr Mukherjee discusses a range of issues - from the government's plan to counter any fallout of the Greek crisis to the 3G auctions to the UPA's social sector programmes.
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VD Wadhwa |
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Biggest Challenge Is To Rapidly Expand Our Retail Footprint -- 21-May-10
TIMEX Group India's new MD, VD Wadhwa, may be an old hand in the company, but he wants to bring in a new sense of realism. If that means shedding the strongly entrenched legacy, so be it. Mr Wadhwa, an alumnus of Harvard Business School and a fellow of the Institute of Company Secretaries of India,
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A Raja |
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Auction Sends The Right Signal: Govt Is Maharaja -- 20-May-10
The auction involved multi-stage bidding that was conducted online. The process was designed to prevent bidders from acting in concert and using specific bids to signal intentions. The auctions for 3G airwaves ended on a bumper note with the government raising nearly double of what it had estimated.
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Chand Das |
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Our Thrust Is On Building Brands At Home -- 30-Apr-10
With A 12% Market Share, ITC Is Expanding Footprint & Betting Big On Education & Stationery Products Biz : ITC's education & stationery products business continues its impressive growth trajectory, emerging as one of the biggest players in the exercise book segment with a market share of over 12%. The company is now evolving brands both for the home turf and export markets.
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Chander Mohan Sethi |
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We Are Stretching The Rupee That Much More -- 28-Apr-10
MAKERS OF DETTOL, HARPIC FOCUS ON SMALL TOWNS RECKITT Benckiser,makers of Dettol, Harpic, Cherry Blossom and Disprin, has just completed a decade as a single entity after the merger of Reckitt & Coleman plc and Benckiser NV in 1999. The 7.5 billion-pound UK-based company managed to keep its growth intact during last year's slowdown in India by increasing its marketing spend and pushing small-sized units of its brands
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J S Shin |
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India Is Our Fastest Growing Market -- 27-Apr-10
AS THE country's second largest consumer durables brand, Samsung India is forging ahead with its expansion plans in the country. After inaugurating three new air conditioner production lines at Noida and Chennai plants, the company is coming up with a new plant for refrigerators in Chennai by August.
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B Kevin Turner |
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We Need To Focus On Speedy Ramp Up Of Cloud Services Here -- 27-Apr-10
Microsoft is transforming itself into a cloud services company and is focusing on emerging markets like India to push growth, says COO B Kevin Turner
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George Gheverghese Joseph |
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Indian Mathematics Loved Numbers -- 23-Apr-10
In The Crest of the Peacock, George Gheverghese Joseph set out to explore the non-European roots of mathematics, a pursuit triggered by the fact that non- Western studies are generally neglected in histories of science. In The Crest he gave evidence of mathematical traditions in several civilisations.
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Gopal K Pillai |
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Dantewada: A one-off setback -- 19-Apr-10
AS CONTROVERSY rages over the government's strategy to combat the Maoists who control more than a fourth of the country's districts, ET met up with home secretary Gopal K Pillai, who has the challenging task of implementing the strategy to meet what the prime minister has identified as India's chief internal security threat. The task is, in itself, tough, with a federal divide over administrative authority presenting itself as the first problem: law and order is a state subject, the Centre can marshall its forces and carry out its plans only with the cooperation and buy-in of state-level leadership, both political and administrative.
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AK Purwaha |
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FPO Likely By July When We Have All Independent Directors: EIL Chief -- 16-Apr-10
PUBLIC sector engineering consultancy firm Engineers India (EIL) share price has jumped over four-fold in about 12 months. Chairman & managing director A K Purwahais confident about company's strong fundamentals and bright future. In a conversation with Rajeev Jayaswal& Arindam Ghosh, he shares reasons for his optimism.
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Neeraj Kanwar |
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We Aim To Be A $2-B Company By Next March: Apollo Tyres -- 13-Apr-10
My Main Task Now Is To Consolidate Ops of Vredestein & Expand Footprint In European Market: Neeraj R S Kanwar NEERAJ R S Kanwar joined Apollo Tyres as a summer trainee way back in 1991. After that, he quit Apollo and did brief stints as a management trainee at American Express Bank, New York and the investment banking division of Global Finance...
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S K Garg |
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NHPC Seeking Approval For 10,000 mw Projects: Chairman -- 12-Apr-10
For several years NHPC has been driving government's initiative to harness the country's hydro power potential. In the last one year, the company added over 1000 mw of generation capacity or 20% of its current total installed capacity.
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Marten Pieters |
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We will not overpay for 3G spectrum -- 09-Apr-10
Current Tariff Scenario Isn't Unsustainable For Vodafone Because It Has Scale, Says Marten Pieters, MD & CEO Of Vodafone Essar.
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Timothy Geithner |
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India Is A Good Rebalancing Story -- 08-Apr-10
Emerging Markets Have Recognised Today That They Cannot Rely On The US For Fast-Track Growth, As They Did Before, Says US Treasury Secretary Timothy Geithner
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Syed Safawi |
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RCOM Targets 100 M New Users In 1,000 Days: Safawi -- 06-Apr-10
Reliance Communications has embarked on a new journey to emerge stronger than before, says its new CEO of wireless business Syed Safawi SYED Safawi is just 100 days into the corner room of Reliance Communications (RCOM), but he has already launched a strategic shift at India's second-largest mobile phone firm.
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Moon Bum Shin |
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We'll Spend $5 M On Marketing: LG India -- 05-Apr-10
SOUTH KOREAN FIRM ON A MISSION TO SPREAD HAPPINESS & ENRICH LIFE Consumer electronics leader LG is repositioning itself in India. Its in the process of changing its image from being mass-market, value-formoney player to a brand that causes happiness and enriches life by focusing on softer aspects of life.
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Satnam Singh |
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PFC Powering India's Capacity Addition Drive: Chairman -- 05-Apr-10
POWER Finance Corporation (PFC) has a vital role to play in the ongoing massive power capacity creation. It has to ensure that projects do not suffer due to a paucity of funds. PFC chairman and managing director Satnam Singh talks about the company's preparedness to meet the ambitious goals set for the sector
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Marcelo Villagran |
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We plan to open 60 stores every yr: Bata -- 01-Apr-10
BATA India plans to open some 70 new stores and renovate almost an equal number of outlets in 2010 as the country's largest footwear retailer continues its expansion drive. Many of the new stores will open in tier II and III markets, says Marcelo Villagran, managing director & CEO of the company. The Chilean man credited with turning around Bata India since his arrival in 2005 told ET's Sutanuka Ghosalthat the Czech company is upbeat about the 'shopin-shop' concept.
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Nouriel Roubini |
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A US-China Trade War Can Shake Up Markets -- 31-Mar-10
The lesson for India is not to liberalise, but liberalise with sound financial regulations and systems and institutions, says Nouriel Roubini. EVER since he predicted the global financial meltdown, Nouriel Roubini, the professor of economics, New York University, has been a much sought-after man. It's not just businessmen but policy and law makers who also seek him out to ascertain his views and as to where the global economy is headed for.
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Mittal |
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Zain's a better bet than MTN: Mittal -- 31-Mar-10
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Paul Polman |
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Innovate & Double Sales -- 30-Mar-10
There is a definite buzz around Unilever that's hard to miss ? volumes are on the upswing, a new team's at the top and a revival strategy is in place. CEO Paul Polman thinks India can lead the charge.
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B P Rao |
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Bhel to name foreign partner for nuclear venture soon: Rao -- 29-Mar-10
AN unprecedented rise in the demand for power and bigger possibilities in nuclear and solar energy have led to Bharat Heavy Electricals (Bhel) revisiting its working plan. Company's chairman and managing director, B P Rao, discusses the challenges before the engineering major in an interview with Subhash Narayan& Souvik Sanyal.
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Paul Hermelin |
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We Want To Follow India's Model Of Hiring More Freshers -- 26-Mar-10
FOR Capgemini, Europe's biggest technology consulting company, India is emerging as an effective strategy for improving profitability. It will also help the company compete better with rivals IBM and Accenture, apart from Indian outsourcing companies such as TCS and Infosys. Paul Hermelin, the group CEO of Capgemini,
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SK Chaturvedi |
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Powergrid Plans FPO In Sept; 7,500 Km Lines Top Agenda -- 25-Mar-10
POWERGRID is one of the largest and bestmanaged transmission utilities in the world with a network of about 74,297 circuit kms of transmission lines. It wheels almost half of the total power generated in India on its network. The Navratna public sector firm is central to the government's plans for the power sector.
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RS Sharma |
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Only 4 Of 18 NTPC Projects Facing Delays -- 23-Mar-10
POWER major NTPC could light up 14 Delhis if its ambitious plans to double capacity to 75,000 MW by 2012 fructify. NTPC chief RS Sharmasays the company is on track to meet the target, stitching deals to ensure the uninterrupted supply of coal while eyeing renewable energy sources such as solar and wind projects.
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BC Tripathi |
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Time To Have A Gas Pricing Policy To Stabilise Prices At Consumer Level -- 22-Mar-10
NATURAL gas is considered India's fuel for future growth. The country managed to double gas output with the commissioning of Reliance Industries' KG basin gas fields. Gail India manages most of the gas pipeline network that crisscross the country. BC Tripathi, chairman and managing director of the state-run gas utility talks about its plans to meet the growing demand for natural gas in the country in an exclusive interaction with ET's Rajeev Jayaswal.
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Jeff Fettig |
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It's Been Never So Good -- 19-Mar-10
THEworld's two largest appliance makers, Whirlpool and Electrolux, have struggled through Indian market over the last decade when Korean brands LG and Samsung pumped up competition. While its Swedish competitor sold off operations in India to Videocon, Whirlpool restructured a loss-making business and, in the nine months ended December 2009,
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RS Sharma |
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Levy Can Replace Ad Hoc Subsidy -- 19-Mar-10
INDIA meets 82% of its energy requirements through imports. Though the country made great strides towards energy security by discovering over a billion tonne plus reserves, it still has to go a long way to meet the needs of the world's second fastest growing economy.
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Dilip Nachane |
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Inflation Targeting Can Wait -- 18-Mar-10
Higher Quantum Of Govt Borrowing Can Be Managed Without Raising Rates Professor Dilip Nachane, Member Of The Technical Advisory Committee Of Monetary Policy, Feels That A Lax Fiscal Policy Is In Conflict With A Tight Monetary Policy.
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Alan Mulally |
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India Will Be One Of Our Hubs: Ford CEO -- 15-Mar-10
AS AN outsider in the troubled automobile business, Alan Mulally has done pretty well for himself. Ford Motor Company's president and CEO talks to ET about his vision, the role India will play in the larger Ford strategy and how difficult it was to make a hundred-year-old company dance to a new tune.
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Azim Premji |
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Wipro Unlimited -- 11-Mar-10
At the end of the day, it's a race with yourself, says Wipro chairman Azim Premji in a freewheeling 90-minute chat with ET's Pankaj Mishra & Karthik Subbaraman. He speaks about the next big thing, succession and the cosmopolitan makeover of Wipro.
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