Sanjeev Bikhchandani: The career entrepreneur
If there was someone who had total faith in his ability to build a business and backed him to the hilt, it was his jeevansathi, Surabhi, a batchmate from IIM Ahmedabad. Those were tough times and the business took a lot out o
The Great Letdown: Will India be able to create the number of jobs needed?
Given nearly 64% of the slowdown has been driven by industry—mainly manufacturing—India’s aspirational electorate should brace for more job losses. If top class companies like Vodafone-Idea are forced to think of shutt
Explained: Why credit flows to industry must pick up to regain lost momentum amid major slowdown
With government spending likely to be constrained due to poor tax collections, other sections of the economy need to pull their weight if the nominal growth is to pick up meaningfully.
GDP growth: Unless credit flows to industry revive quickly, it’s hard to see any pickup
At a time when the economy is slowing, it is only to be expected that tax collections, too, will slow.
Half-measures will not fix economy
Govt did well to get the power to notify hire-fire rules, but there is no certainty about how quickly it will move & what freedom will be given. The promises of more flexibility in EPFO & ESI was not kept, and pvt coal minin
IBC process gets back on track after SC nixes NCLAT ruling in Essar Steel
It’s a huge win for lenders, who despite their number one ranking, were fighting other stakeholders for their fair share.
Fix NBFC crisis to get growth back
Simultaneously, there needs to be a lot more urgency in putting stressed real estate projects into the hands of stronger builders so that these can be completed; homebuyers who make a nuisance of themselves need to be dealt w
Why India Inc must pass on the benefits of corporation tax rate cut to consumers
While liquidity in the banking sector may be in a big surplus, some segments of business and retail customers are not able to access affordable loans.
FE Best Bank Awards: Know who is the nominee for lifetime achievements award
Sobti’s now loaning money to microfinance borrowers for a television set or some household product. “She has borrowed twice and repaid the loans so now I can finance a TV,” he points out.
FE Best Banks Awards: Sanjiv Bajaj – A Bajaj you can bank on
But since he couldn’t launch one, he came up with the EMI card which today is a franchise with 16.5 million customers; in 2018-19, the EMI card contributed about 60% of the loans.
Welcome tax cuts but for the wrong persons!
Few firms will invest till there is a strong demand-revival. that needed a cut in income tax rates; the fm has frittered away money on corporates & the ultra-rich
Blame promoters, not FM Nirmala Sitharaman
Though FM is now trying, the govt was slow to reform; but Ms Shaw’s fellow-promoters even more to blame
PSU banks recapitalisation may not spur credit-growth
Most private sector banks have enough growth capital, though some state-owned banks may be a little short of it.
Bank merger good, now to fix them
Shedding flab critical, as is adopting technology; so this needs a change in work culture, PSBs not known for that
Economic slowdown: Need real reform, not govt-spends
Rapid govt-spend has brought NHAI to its knees while bad policy has wreaked havoc on genuine investors like Vodafone
Tata Sons will not be bogged down by slowdown: N Chandrasekaran
It’s hard to put a number at this point, we will invest whatever is necessary. As a keen follower of technology, how are you reading the evolution of fintech?
Does PM Modi know there’s a crisis?
There is little in its policy measures—including in the Budget—since May to suggest govt is too worried about growth
In this 2011 interview, CCD founder VG Siddhartha revealed plan to expand his coffee chain
This article appeared in the Financial Express dated June 15, 2011.
Hard times: No end in sight for economic woes
With neither consumption demand nor investment expected to pick up soon, there’s more pain ahead
Budget 2019: No big bang, but capex push a big plus
Union Budget 2019: Commitment to build infra with a `100-lakh- crore spend should help foster job creation
Budget 2019: Funds for infrastructure may be hard to find for govt – here’ why
Budget 2019: While the government’s market borrowings are reasonable at `4.2 lakh crore, over-borrowing outside of the Budget can also drive up interest rates and crowd out the private sector.
Budget 2019: Don’t ‘dwarf’ the country’s growth
Budget 2019-20: Eco Survey rightly argues policy shouldn’t create ‘dwarf’ firms as this hits growth & jobs, makes a case for sweeping reforms
Big reforms a must to sustain GDP
With credit slowing and demand weak, India needs a fresh burst of investment, but that requires across-the-board reforms
Does Modi think there is a crisis? If he doesn’t, big reforms are unlikely
If he doesn’t—as he didn’t in the last five years—the govt is unlikely to undertake the big reforms India so sorely needs.
Exit poll results: Decisive Modi, Balakot worked for the NDA
Even if the NDA hasn’t done all that it promised, especially in terms of creating more jobs, the voters believe the PM has tried.
How corporate sector fared in five years of Modi Sarkar
With commodity prices rebounding, operating profits are expected to decelerate a touch.
HDFC Bank CEO Aditya Puri: India is an under-penetrated market
HDFC Bank today is a financial experience. You can shop in a secure manner buy consumer durables, hotel rooms, travel tickets or movie tickets.
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