|
|
|
| March 27, 2008 |
|
'We
will supply engines for both brands'
Just hours after
returning to Mumbai, Ravi Kant, managing director, and C
Ramakrishnan, CFO of Tata Motors addressed the press on a
conference call. Excerpts from the call.
|
|
|
|
| March 24, 2008 |
|
'Go
Air to break even in 2009'
There is no doubt that India
is a large growth market in the long term. But there are major
problems related to aviation turbine fuel (ATF), ATC,
infrastructure, shortage of pilots and so on. Taking all of
this into account, I would call our approach one of
maintaining long-term sustainability - a step-wise, organised
growth with a focus on efficiency, says Edgardo Badiali.
|
|
|
|
| March 17, 2008 |
|
'The
farmer is not looking for a free lunch'
Sharad Joshi,
president of the newly formed Swatantra Bharat Paksha, tells
Business Standard that all the Indian farmer wants is a free
access to the market.
'Market
volatility may last a year'
The volatility in Indian
markets will take another 12 months to ease out. There are
market cycles and economic cycles. We had a 4-year bear phase
during 1994-97. The markets are still trading at reasonable
levels compared to the one year forward price-to-earnings
ratio multiple of 2005-06.
|
|
|
|
| March 13, 2008 |
|
'WorldSpace
will focus on tier-2, class-B cities'
WorldSpace was
first launched in Bangalore and therefore, is headquartered in
New Delhi. Hence, the awareness levels and adoption is highest
in this market and other southern markets. Metro markets like
Delhi and Mumbai have also shown a high level of traction.
Going forward, eastern and central India presents an
opportunity for WorldSpace. WorldSpace does not manufacture
its own radio sets. They are manufactured by contract
manufacturers.
|
|
|
|
| March 11, 2008 |
|
Sensex
futures on Chicago bourse soon
"We will launch futures
trading on the Chicago futures exchange in a month or two. The
trading on Sensex futures will be for 23 hours a day," says
Rajnikant Patel.
|
|
|
|
| March 10, 2008 |
|
'Loan
waiver euphoria will end in a month'
National Advisory
Council member N C Saxena tells Business Standard the farm
loan waiver scheme will be disastrous and a non-starter. Those
who have borrowed from moneylenders have been ignored.
Besides, those who have paid off feel cheated. The
co-operative banks will refuse to recognise the waiver. Banks
will say that the government must pay them first. But they
won't be able to recover the money too, he says. Even those
with more than 5 acres land will refuse to pay now.
|
|
|
|
| March 04, 2008 |
|
Art as
an investment? Watch out!
Deputy chairman of Sotheby's,
Europe and Asia, Howard-Sneyd, spoke to rediff.com about the
Indian art scene, art as an investment option and also what he
-- as a leading man in auction business -- thought about the
Indian Premier League deals. Excerpts:
|
|
|
|
| March 03, 2008 |
|
Modi
to promote brand 'Gujarat' aggressively
At a time when
the world is looking at India as a market, this man envisages
a scenario where Gujarat turns the whole world into a market
for whatever it manufactures.
'Off-Budget
liabilities acknowledged'
Finance Secretary D Subbarao
tells Business Standard that the impact of the Sixth Pay
Commission award is unlikely to add more than 0.4 per cent of
the GDP to the fiscal deficit.
'We
wanted to reward taxpayers'
The hike in the exemption
limit from Rs 1,10,000 to Rs 1,50,000 is a fair one. We wanted
to give something substantial back to taxpayers as a reward.
It will not take much time for these people to come back to
the tax bracket again, as salaries are rising by 15-20 per
cent annually.
Budgets
don't win elections: Chidambaram
Chidambaram said he
still aimed at nine per cent growth for the economy in
2008-09
|
|
|
|
| February 29, 2008 |
|
'There
is nothing for the medical technology industry'
Dr G S
K Velu, President of AMDSI (All Indian Medical Diagnostic and
Surgical Instruments Manufacturers) & Head of
Manufacturing Sub Committee of ASSOCHAM and CII. He is also
the Managing Director for Trivitron Group of Companies, gives
the Budget zero marks.
'It
could not have been more populist'
N Ramachandran,
Chief Financial Officer, iGate rates the Budget 5/10.
'The
FM has delivered a balanced Budget'
P S Saminathan,
Managing Director, Pyramid Saimira Group, gives the finance
minister 5/10 for the Budget.
'Watch
out for the tax code'
PricewaterhouseCoopers Executive
Director Shyamal Mukherjee tells <I>Business
Standard</I> that the real changes in the Budget, from
the taxation point of view, will be evident in the new tax
code the finance minister is developing.
|
|
|
|
| February 27, 2008 |
|
How
to mould great 'intrapreneurs'
"The opportunity to work
with our customers to make an impact and change India through
technology is very real. Technology can play a major role to
impact the lives of hundreds of millions of people in
our
'Finance
minister should emulate Chanakya'
If the FM can levy
education cess to meet the cost of education, then why not
defense cess for defense cost, health cess, food cess, and so
on. What are the tax collections meant for, asks Kanu H Doshi,
partner of Kanu Doshi Associates, chartered accountants,
Mumbai.
|
|
|
|
| February 21, 2008 |
|
What
is cheque truncation all about?
Cheque Truncation
Solution is a big milestone in the Indian banking industry. It
enables cheque clearing on the same day, reducing floating
time available for funds.
|
|
|
|
| February 18, 2008 |
|
An
amazing story of empowering rural India
As the
co-founder of Comat Technologies, leading provider of
e-governance solutions, Sriram Raghavan initiated the concept
of rural business process outsourcing units and rural business
centres.
|
|
|
|
| February 15, 2008 |
|
Ace
entrepreneur's mantra: 'Innovate or perish!'
From being
a BSE employee, to starting Financial Technologies, to
building the MCX, it has been an incredible journey for Dewang
Neralla.
'Open
source drug discovery will lower costs'
Right from
tractors to water pumps to environment-friendly technology to
the leather industry, we develop everything. CSIR helps the
Indian pharma industry develop low-cost drugs has been
remarkable, says Samir K Brahmachari.
|
|
|
|
| February 11, 2008 |
|
'SEZs
will bring jobs to Haryana'
My first priority was to
invest in power production and generate at least 5,000 Mw
immediately
How
CIL can boost India's growth
In fact, the 9 per cent
growth story cannot happen without coal, which fires over 50
per cent of the country's installed power capacity, says
Partha S Bhattacharyya.
|
|
|
|
| February 08, 2008 |
|
'Full
distribution a challenge for Indian publishers'
Jonathan Symington, the New York-based vice-president
(Global Book Licensing) of Disney Publishing, is in India to
participate in the World Book Fair in Delhi. "It's our first
time at the book fair though we've been in India for the last
10 years," said Symington who drives Disney's books licensing
business worldwide. He spoke to Business Standard about the
company's India plans.
'We
are not getting into a recession'
Dan Warmenhoven, CEO
of Network Appliance (NetApp), the $3 billion network storage
solutions provider is bullish on India and the growth of the
company despite the slowdown in the US.
|
|
|
|
| February 04, 2008 |
|
It's
China now, India for long term
China is very popular in
terms of the place to invest and it is growing at a double
digit GDP growth. But, India is very attractive long term
play, because of the changes that are happening in the
country. Firstly, the demographics in India are favourable
with nearly half of the population under 26 years of age, says
Dr P. Brett Hammond.
|
|
|
|
| February 01, 2008 |
|
'Capital
inflows into India will slow down'
Maybe we can achieve
8.5 per cent in 2007-08 but for 2008-09, we will probably see
a slower growth rate, of around 7.5 per cent or maybe even
lower if oil prices remain at this level, says Pardip
Shah.
|
|
|
|
| January 30, 2008 |
|
Y V
Reddy on RBI's Credit Policy
The macro-economic
developments in the Indian economy, by and large, have been on
expected lines and there is some continuing pressure on
inflation.
|
|
|
|
| January 28, 2008 |
|
'Gaming
deal with Man U takes us global'
Last week, Reliance
Entertainment signed up with Manchester United for an
exclusive, global three-year game development deal, which
reports estimated at $100 million. Rajesh Sawhney,
president, Reliance Entertainment, talked to Business
Standard about the company's plans in the gaming, animation
and home entertainment space.
|
|
|
|
| January 23, 2008 |
|
'Market
crash provides scope for 12-15% earnings growth'
The
Indian equity market has once again demonstrated its high beta
characteristic in bear markets. The fundamental underpinning
to this high beta status in bear markets is India's dependence
on global financial markets to fund its macro -- more than
three-fourths of the flows into India come from portfolio
sources (which are linked to global financial market outcomes)
-- quite the opposite of the emerging markets
average.
|
|
|
|
| January 21, 2008 |
|
'Beer
consumption set to double in India'
The market
potential is immense and I think it is a matter of time that
it matches that of China. There would be three factors, which
would drive this growth - affordability, availability and
better regulatory policies. Beer consumption is pretty high
and we expect it to almost double in the future, says Karan
Bilimoria.
|
|
|
|
| January 18, 2008 |
|
'Satisfied
customers are sticky'
The country's largest apparel
exporter, Bangalore-based Gokaldas Exports (2006-7 turnover Rs
1,045 crore or Rs 10.45 billion), sprang a surprise last year
when leading global private equity firm Blackstone acquired a
50.1 per cent stake in it.
|
|
|
|
| January 14, 2008 |
|
'Retailing
in India to grow faster than in US'
Fitch, one of the
largest design consultancies in the world that has designed
stores of Wal-Mart, Target, Marks & Spencer, Best Buy and
Tesco among others, is betting big on India's organised retail
sector. Already in the country to serve clients such as Aditya
Birla Retail, Reliance Retail, Tatas and so on, Fitch plans to
treble the number of staff and open new offices in the
country.
|
|
|
|
| January 02, 2008 |
|
'The
world is only semi-globalised'
Pankaj Ghemawat
is dismissive of the obsession with growth and scale economies
-- he calls them 'dinosaur economics.' He would be much
happier if companies considered all components of economic
value while assessing cross-border alternatives.
|
|
|
|
| |
|
|
|
|
 Advertisement |
|
|
|
Email
this Page 
