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City Corner

TransUnion opens, Huawei closes TransUnion, a global credit reporting company, has decided to go off-shore, and Chennai is its chosen destination. A Global In-house centre that aims to tap India’s technological resources and demographic dividend, would develop end to end risk solutions and security systems of the Company. Located at DLF

Stinging Sterlite

Tamil Nadu’s economy has not been in the pink of health. The emphasis on welfare, through populist schemes, has not been backed by the massive increases in revenue. In recent years, there have not been big-ticket investments necessary for accelerating industrial and employment growth. Continuing large deficits, both revenue and

Corporate Corner

Leyland posts record performance With commercial vehicle industry turning around well and recovering strongly during 2017-18, Ashok Leyland, the Hinduja flagship, has maintained market share and has reported record revenue and profit for the full year. Its profit after tax (including exceptional item) grew 28 per cent Rs.1563 crore for 2017-18

Divorcing an Unholy Marriage

In the winter of 2014, when J&K threw up a hung assembly, the BJP joined hands with the PDP to form the government out of national interest. A little under four years later, the BJP got into splitsville, again due to the national interest. With the general elections due in

Digital Disruption

Disruption is the order of the day. They force organisations to change the way in which they operate. Some companies have been proactive and others turned out mere spectators. For instance, Eastman Kodak saw these disruptive forces coming in but did not act thinking that it is not going to affect

Lighting a lamp

Since nationalisation, banks were directed to function not merely as deposit collectors and lenders, but much more. This add-on was required to change the traditional image of a banker “as one who lends an umbrella when the sun shines and takes it back when it rains.” Different tasks are given and

Around and About

CEA QUITS AFTER PRESSING FAMILY COMMITMENTS Arvind Subramanian, known as super Subbu during his IIMA days for his high IQ, stepped down as Chief Economic Adviser. He is leaving the finance ministry eleven monts before the end of his term in May 2019. He succeeded Raghuram Rajan to the slot. Over the last three

A consummate Economic Journalist

I first met S Sethuraman (SS) at the Economic Editors Conference 1973. It has blossomed into an invaluable friendship of a lifetime. The senior economic journalist commanded the respect of the policymakers and fellow journalists for his erudition and deep understanding of economic issues. His pleasant disposition and ever-helpful nature instantly

Memorable footprints of an ace educator

The 90th birthday of Prof M Anandakrishnan (MA), an educator par excellence and a Padma Shree awardee, was celebrated by his students and well-wishers. A book on Dr MA titled Memorable Footprints of an Educator was released on that day. The first Dr M Anandakrishnan endowment lecture on Antarctica Glacier and Global