Barring exceptional circumstances, Subrahmanyan is likely to be anointed by L&T's board as the next managing director & CEO. But the company he will inherit and run until it's time to pass on the baton will be a vastly different entity from the one he takes over from Naik.
Over his 32 years at L&T, several challenges have been thrown at Palakkad, Kerala-born S.N. Subrahmanyan. His ability to handle those challenges brought him to Naik's attention.
AM. Naik wants to restructure L&T within the next five years to create a much bigger L&T Group, but as a lean, high-tech company.
"EazyDiner was set up to solve one key problem: to help diners make reservations at restaurants, and for restaurants to be able to offer and take bookings," says Deepak I. Shahdadpuri, Founder & Managing Director, DSG Consumer Partners, an investor in the company.
A new crop of social media networks offering targeted advertising is emerging.
This Windows 10 hybrid from HP is almost on par with Microsoft's Surface Pro 4.
The Internet of Things (IoT) is making this possible by allowing objects to be sensed and controlled remotely across an existing network infrastructure. Connected devices can be accessed using a smartphone or a PC app.
Rishi Gupta, MD & CEO, FINO PayTech says each player will bring its own strengths, ultimately benefiting the customer and helping the market evolve. Emerging technologies and business models have been driving the payments space.
Mutual funds and private insurers are gradually emerging as big players in corporate bonds. But it is not without credit risk.
The book is a biography of the man who built a successful company, with passion and self-belief.
This is the story of a man who scaled many boundaries, fuelled by his relentless pursuit to make it big.
Since spectrum is limited and costly, the operators have to continuously upgrade their networks, which means putting up more towers when certain utilisation is reached. That involves both operational and capacity expansion costs.
Aquaculture gains momentum on the back of meteoric rise in shrimp exports to the West and steady increase in domestic consumption of packaged fish.
Experts say the earnings cycle has started turning because interest costs are lower and commodity prices have bottomed out. The International Monetary Fund's primary commodities price index has declined 19 per cent since August 2015.
Higher devolution to states is expected to add substantial spending capacity to the state governments' budgets, says a study.
Sceptics have been correlating GDP growth with other parameters, such as sluggish job growth, weak private investments, muted bank credit uptake and agrarian distress in large parts of India, to cast doubts over the growth numbers.
The Kumars have managed their expenses well but the need is to invest their money wisely.
Cyber criminals and skimmers are always on the prowl to rob you of your money, but a little prudence will help you stand in good stead.
Apart from proving your identity, these documents have other benefits that you may not know about. Read on to find out.
Certain population is looking for some kind of guarantee, while there are others who are looking at wealth optimisation
Gold emerges as a better performing asset in the past one year in comparison to other investments. Will it continue to shine?
Mid-cap and small-cap funds do well in spite of a fall in benchmark indices. This may continue for some more time.