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.
It was 1990. Calcutta was celebrating its 300th year with fanfare. The West Bengal government, the city corporation and business leaders worked in unison.
1990 also marked 350 years of the founding of Madras. S Muthiah, with his vast contacts in the industry, tried to get a focus on the city
No! It is in deflation mode. This is irreversible for the next 100 years.
What is happening to the global economy? Some economists say that it is in recession. Others say that big recession will set in next year. Some young experts had a workshop during the World Economic Forum meet
The reason for the surprise announcement of Vinod Dasari in November last on quitting Ashok Leyland (AL) is now clear: Royal Enfield appointing him as CEO and his joining Eicher Motors, the parent body of Enfield, as Executive Director.
Dasari joined AL in 2005 and succeeded R Seshasayee as Managing Director
The cruel hand of fate has snatched one of the talented business leaders at his prime, Saint-Gobain India Pvt Ltd’s MD (Flat Glass), R Subramanian.
Subra, as he was known amongst family and friends, fought valiantly for close to 100 days, but finally gave up the battle of life to a
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
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
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
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
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