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Cover story | August 30, 2015

How Ola, Uber are making other taxi firms irrelevant

How Ola, Uber are making other taxi firms irrelevant

Both are using their war chest to offer incentives to drivers and discounted fares to riders. Traditional radio cabs and small-time operators are struggling to match up.

August 30, 2015

Editor's Note

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The Taxicab Business

Ola and Uber are burning cash and they have no immediate plans to turn profitable either. They are chasing market share.

People

Peoplebusiness

Newsmakers: Featuring Vinita Gupta, Ashish Bahuguna, Rohit Ohri and others.

Leadership Spotlight

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Dish TV Chairman on company's journey

India's first DTH service provider, Dish TV, has started making profits after a long wait of 11 years. The Chairman of the Rs 2,733-crore company, Jawahar Goel, tells Ajita Shashidhar about the company's challenging journey. Edited Excerpts:

Trends

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Debate: Is it time to bid adieu to the Bell Curve?

The bell curve demands organisations to classify employees under three categories: high, average and low performers.

Google is now finally backtracking from Google+

After persisting with its social network attempt Google+ for years, slowly and steadily Google has been delinking compulsory Google+ linking from many of its other products.

Features

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Firms aim to make India hardware product nation

The central government's Make in India initiative and a spurt in interest shown by angel investors and venture capitalists to fund tech hardware start-ups might just give the much-needed boost to the industry.

Entry of big players in VC sector to boost start-ups

What sets apart a number of the Indian VC funds from their overseas counterparts in India is also their willingness to invest in start-ups at the business-plan stage, even before these have begun earning revenue.

FMCG veteran's start-up to take on Nestle, Cadbury

Arumugham Mahendran, who knows how to build and grow FMCG brands, has big ambitions for his start-up Global Consumer Products Pvt Ltd.

How Ajay Singh is nursing SpiceJet back to health

Chairman Ajay Singh's hands-on approach has led to the gradual improvement in market share and financial performance in recent months. However, the challenges in front of SpiceJet are still daunting.

Indian pharma on road to new drug discovery

The Indian drug firms have joined the global fight against antibiotic-resistant bacteria. The good news is that they are steadily moving ahead.

Book Review: India Reloaded by Dheeraj Sinha

In his second book India Reloaded, scheduled to launch mid-September, Dheeraj Sinha, suggests slightly more upgrade market thinking rather than mass market thinking.

Meghnad Desai's book is a critique of economics discipline

Meghnad Desai, Emeritus Professor of Economics at the London School of Economics, member of the House of Lords, and a regular face on Indian TV, has written a remarkable book on the state of the economics discipline. It is a critique of the self-assuredness of a discipline in crisis.

Second green revolution may not be that far

Digital Green's initiative is one among the several underway in India to promote low cost, sustainable and organic agricultural practices among farmers. All this is planned with the extensive use of information and communications technologies (ICTs).

Letters

Letters to the Editor

Business Today readers share their feedback on the magazine's coverage -

Event

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Has tech levelled the playing field between small and big companies?

Has technology really levelled the playing field between small and big companies? A power-packed panel in Bangalore debated the subject with gusto.

Corporate

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Market share is not sustainable if it's not profitable: GM CEO

General Motors CEO Mary Teresa Barra explains the US automaker's changing approach to the Indian car market.

Technology

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Review: Motorola's Moto G (3rd generation) is about user experience

Motorola's Moto G (3rd generation) isn't about specifications but the user experience.

Is Microsoft Windows 10 worth an upgrade?

Microsoft has introduced multiple desktops to Windows 10. Easy to access, it gives you more space to organise data.

Careers

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Why Teleperformance closed down its HR dept

The fabric of HR needs to change, believes Sanjay Mehta, MD of Teleperformance India. This is why the Indian arm of the $3.7 billion global outsourcing firm decided to take a hard look at its people practices.

Focus

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Why corporate India is offering higher dividends

India Inc. has been very kind in distributing profits to their investors, but there is huge inconsistency between their profit and dividend payout growth.

Invest with caution in small-and mid-cap stocks

The biggest reason is that India Inc.'s profits remain well below expectations. In spite of this, investors, in search of higher returns, have pushed up stock prices - especially of mid- and small-cap companies - far above what can be justified by earnings.

Chiaroscuro

Upfront

Quick takes on major events that happened recently.

CEIBS Case Study

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How EasyFinance motivated its staff

Business was anaemic in the last two months of 2008, and the company failed to reach its revenue target of RMB 27-30 million for the year; instead annual income was RMB 25 million.

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