Industrialist Rajiv Bajaj has slammed the government’s demonetisation move, which, he says, has hit the two-wheeler and three-wheeler industry hard and resulted in big job losses. “Personally, surprised people are not standing up and saying anything,” Mr Bajaj, the managing director of Bajaj Auto, told NDTV Profit. Speaking about the impact of the notes ban on the industry, Mr Bajaj said, “There has been double-digit de-growth of the industry purely […]

NR Narayana Murthy was on the top of his game for the larger part of his career. He steered Infosys, the software services company he founded in 1981, with six others, to make it the poster boy of the Indian information technology (IT) industry. For over three decades Infosys was under Murthy’s shadow, from 1993-2002 (since it got listed) as it’s CEO, later as its chairman, until stepped down from […]

India will become the world’s second largest economy in terms of Purchasing Power Parity (PPP) by the year 2050, according to a report by the professional-services giant PwC. The Pwc report titled “The long view: how will the global economic order change by 2050?” ranked 32 countries by their projected global gross domestic product, measured by Purchasing Power Parity. The report points out that China has already surpassed the US […]

On February 4, 2004, Mark Zuckerberg and Eduardo Saverin launched a website called Facebook. The platform was initially limited to only Harvard students but was then slowly expanded to other universities in the US and other countries like Canada, before launching globally. Looking to raise external capital to scale up in 2004, Saverin tried to pitch to Jeremy Levine of Bessemer Venture Partners at a corporate retreat. Agitated by the […]

If you rated the Budget only on the basis of market euphoria, then it was quite easy to conclude that this is perhaps the best Budget in recent times. But the question is whether this euphoria is really sustainable for the longer term? How credible is the fiscal consolidation roadmap that the Government has charted out? The Finance Minister, Arun Jaitey, presenting his fourth Budget on the floor of the […]

The 2017 Budget is going to be momentous and historic in many ways. For starters, in a move away from the convention followed in the recent past, the date of the Budget presentation has been advanced to February 1st. Not just that this is also perhaps the beginning of a fresh trend where the Rail Budget and the Union Budget would be consolidated and presented together. The pain of the […]

President Donald Trump’s clash with Silicon Valley over immigration is about to become even more contentious. After the new president banned refugees and travelers from seven predominantly Muslim countries, Google, Facebook, Salesforce, Microsoft and others railed against the move, saying it violated the country’s principles and risked disrupting its engine of innovation. Trump’s next steps could strike even closer to home: His administration has drafted an executive order aimed at […]

                            What inspired you to be an entrepreneur? While sitting idle and watching inconsistency in things around me, made me to find solutions for everything I wanted to do, in quest of finding solutions, and new adventures which were part of this quest, made me an entrepreneur What kind of Corporation is your business? Since from the start, I didn’t like word startup being associated with me and my business, […]

If you are a business owner then you must be well aware of how difficult it is to start a business and how difficult is to manage it and keep it going. The latest statistics show that only 50% of the businesses survive for more than 5 years while only 1/3rd of them pass the 10-year mark. While counting the reasons of business failure, there are many that lack proper […]

By its own making and due to external forces beyond its control, India’s $150 billion outsourcing industry finds itself at a tipping point. Lauded for its ability to put India on the map as a destination for high-quality, low-cost technology skills, and for being an engine of wealth and job creation, this industry stares at an uncertain future. Rapidly shifting technology needs, Brexit, changes in immigration and visa norms and […]