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A blow to IBC…

IBC’s emergence was one of the primary reasons for the rapid revival of a great deal of confidence in our financial discipline. It’s dangerous not to have control measures to ensure fiscal discipline. India has witnessed several high-profile defaults attributed to many reasons, including violation of the end use norm.

Chennai Super Kings – great start

Heat wave sets in The Indian summer is yet to descend in its full glory. As mercury levels begin to rise, many places in Chennai have been declared ‘drought-hit’. According to the sources at the Regional Meteorological Centre in Chennai, heat stress is likely to occur in the interiors of Tamil

Chennai Metro moves ahead

The other day I took a Rs 100 ticket to commute from the Airport to Central to Washermanpet to Airport. The last stretch took me all of 35 minutes, which is impossible if I were to travel by car whether in dense traffic or otherwise. The various stations are however

You are being watched!

With the increasing crime rate in Chennai, the Police have decided to install CCTV cameras across the city to curb crimes. As a part of the “Third Eye” campaign initiated two years ago by Commissioner Dr A K Viswanathan, Chennai police have installed 2.5 lakh cameras at about every 50

Tectonic transformation of Trichy-II

In the IE February issue, we presented the first part of Dr. V Krishnamurthy reminiscing his tryst with Trichy. The BHEL-Trichy experience was invaluable for his building BHEL as a significant power equipment conglomerate, Maruti Udyog that quickly became a game changer and the public sector SAIL emerging a steel

A billion dollar group

Anand Mahajan is CEO, India Region and Chairman, Saint-Gobain India Pvt. Ltd (Flat Glass Business). He is also the only Asian member of the Group Management Executive Committee of Compagnie de Saint-Gobain. Industrial Economist caught up with him recently. Industrial Economist (IE): Some inputs on the size and scale of your

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