The latest joke doing the rounds in Electronic Niketan (IT and Telecom Minister’s Office) is that the import bill for telecom equipment will soon surpass petrol’s. It’s a telling comment on the Indian telecom industry, which has witnessed exponential growth in the last one decade but failed miserably on the manufacturing front.
“Cash†is a four-letter word which companies love to swear by. “Free†too, is another four-letter word. Only this, consumers love and companies hate.
The bancassurance model – an attractive alliance for both the parties, has taken a flying start in India; but much more needs to be done in order to reach out to the uninsured Indians.
Internet hooliganism is slowly adopting a form that’s deadly enough for companies in India to take notice. But are they prepared to tackle the scourge and its aftermath?
Ever since it became more expensive to find good quality stone, cement has been used more and more commonly, although its use actually goes back to the Roman Times. Cement is produced throughout the world, but the largest producers are Brazil, China, Russia, USA and India.
The Board of Control for Cricket in India (BCCI) is the world's richest cricket board and Indian cricketers the most affluent amongst their tradesmen.
As soon as the Munjals formally announced the purchase of 26 per cent stake in Hero Honda and Honda’s exit from the joint venture, it was Honda Motorcycle & Scooters India (HMSI) that was hogging the limelight.
From its small beginnings in the 1940s to the spectacular growth over the last couple of decades, the Indian auto component sector has come a long way. In fact, the industry is one of the front runners for grabbing the global auto components outsourc
“All that glitters is gold.†Though antipodal of the famous Shakespearean tad, it fits pretty well in the context of gold in today’s times. While investors are wary of the equity market, gold is hell bent on breaking all historic price records.
Honesty is the best policy, and sure enough, there are a number of disgruntled people in India who feel that their insurance policies have offered them anything but that!
For a country such as ours which spends billions of dollars every year to import nearly 70 per cent of its total military equipment, the Indian government seems stuck with the country’s defence establishment still reluctant to lift the 26 per cent
A large section of the country got shocked in August 2009, when Minister of State for Finance S S Palanimanickam in a communiqué disclosed the amount that country’s top 100 tax defaulters owed to the exchequer.
The government, through a new legislation, wants mining companies to share 26 per cent of their net profit with the local community. While worried miners have projected the new-profit sharing formula as an end of road for the industry
Gone are the days when onions were a regular ingredient in Vinita Sharma's meals. There are fewer eggs for breakfast, pulses are no more a staple diet in this household and the children have to spend their winter vacations at home
The Indian PC market is now experiencing a strange phenomenon where growth in desktop sales is being cut midway by a striking rise in sales of notebooks. When you look at the 3Q 2010 PC Industry