• 4 business turnarounds in the making January 17, 2014

    1. Mining Moguls The unexpected winding up of the Shah Commission, which was investigating illegal mining, may have raised environmentalists' eyebrows, but the Indian mining sector is looking forward to a better year. Mining had stalled for about two years, hurting mining and steel companies like Sesa Goa and JSW...
  • India Rich List 2013: The drop-outs November 19, 2013

    Those whose net worth eroded due to factors such as economic uncertainty, policy changes and, in some cases, sheer bad luck. MG George, Muthoot Finance #55 in 2012 At one point, Muthoot Finance was India's leading lender against gold. Revenues and profits had doubled last year, with the spurt in...
  • Biggest gainers and losers on India Rich List 2013 November 19, 2013

    Ups and downs are part and parcel of wealth creation. This list reflects just that. Here are the biggest gainers and losers over the last year, ranked in terms of percentage change in net worth. The Biggest Gainers BR Shetty New Medical Centre Group, UAE + $340 million (+63 per...
  • IIM-Ahmedabad gets a new dean from Harvard September 4, 2013

    As a sign of change, Harvard professor Ashish Nanda will take over as director of IIM Ahmedabad. He is the first academician from an overseas institute to head any of the 13 IIMs. Nanda, an IIM-A alumnus himself, is the Robert Braucher Professor of Practice at Harvard Law School. Rakesh...
  • How Etihad plans to change the way Jet Airways operates August 19, 2013

    Etihad Airways's Australian CEO James Hogan doesn't have to think too hard about what to say. This week, he said: "Etihad will discuss ways to further integrate the two networks and help the airline achieve efficiency, build revenue and reduce costs." He wasn't talking about Jet Airways, his most high-profile...
  • AirAsia: The Tony Fernandes and Mittu Chandilya show July 22, 2013

    Tony Fernandes and Mittu Chandilya are as different as chalk and cheese. Gregarious, irreverent Fernandes, who's promised to paint the Indian skies in the red hues of his AirAsia airline once he gets a permit to fly domestic routes later this year, is a journalist's delight, full of quotable and...
  • How airlines are shaping up for high-fliers March 14, 2013

    High-fliers are picky. Bone china in business class travel is so last decade. And large carriers are working very hard to woo the first and business class traveller into ever newer, even more exclusive experiences. Millions of dollars are being spent in the effort to lure the big spenders away...
  • Will AirAsia disrupt Indian aviation? March 13, 2013

    Indian representatives on the board and indeed in the airline's senior management. Whether AirAsia Bhd's aircraft can be brought in for operation into India, a measure that would certainly be cheaper for the airline, is still unclear. Though the government has cleared the investment, AirAsia will actually have to lobby...
  • Where Boeing stands now February 16, 2013

    Boeing invested an estimated $25 billion in developing the 787-introducing radical changes in materials and a component-sourcing strategy that was to bring efficiencies for the aircraft-maker and airlines. The grounding of the aircraft raises doubts about these decisions. ...
  • GVK's big Australian bet January 19, 2013

    GVK has to raise $7 billion in debt to succeed in its venture to mine coal Down Under and fight off stiff competition. ...
  • How to destroy an airline July 20, 2012

    New Delhi: It was said in a jocular vein. "You're on the ventilator now. But the plug can't be pulled because euthanasia is still illegal in the country." The nervousness was palpable and titters followed the comment on a conference call that included Vijay Mallya and his most trusted aides....
  • Crude guide to fuel prices in India June 30, 2012

    Lower energy costs are always good news for growing economies. And international oil and coal prices have come down significantly in the past few months. The price of a barrel of Brent crude, to which two-thirds of the world's oil varieties are benchmarked, has tumbled from about $120 to under...
  • Lafarge's binding force April 24, 2012

    Perched on the terrace of Lafarge India's six-storey construction development lab at Andheri East, Mumbai are two very incongruous huts. The structures look out of place in the grey, concrete landscape of the Mumbai suburb. Twenty tonnes of bright red mud and sticks were hauled up the stairs to build...
  • The Indian Army's largest public-private partnership April 9, 2012

    Four companies are battling for the largest ever public-private partnership project to build a light armoured carrier for the Indian Army"the Future Infantry Combat Vehicle (FICV). The Army needs about 2,600 such vehicles over 20 years. All four bidders"Tata Motors, Mahindra Defence Systems, L&T and the government-owned Ordnance Factory Board...
  • You can't be long on India, short on infra: Limaye March 22, 2012

    Vikram Limaye Age: 45 Career: Joined IDFC in 2005; prior to that, was associated with Credit Suisse First Boston in the US Education: CA, Mumbai University; MBA, Wharton Interest: Likes playing tennis Question: Where will the growth in infra-lending come from? Vikram Limaye: There is not much growth in the...