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Cover story | May 10, 2015

Can govt achieve 100 GW of solar capacity by 2022?

Can govt achieve 100 GW of solar capacity by 2022?

The prime minister wants to increase solar power capacity 30 times in seven years. His 100 GW target is bigger than anything attempted by anyone anywhere in the world. Is it realistic?

Growing local solar manufacturing to cut reliance on imports

Higher investments in R&D in solar manufacturing will help India compete with imported solar modules on both cost and technology in the long run.

Editor's Note

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From the Editor: May 10, 2015

One of Prime Minister Narendra Modi's biggest strengths is that he does not believe in incrementalism when he sits down to formulate policy. Even by his standards, though, the target for solar power by 2022 is colossal.

News Maker

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Net neutrality fight comes out in the open

Though the issue had hit headlines even when services such as Skype were launched and the Voice over Internet Protocol (VoIP) versus voice telephony debate generated a lot of heat, the latest round of this ideological war started in India in December 2014.

Are telecom cos hurting consumer interest?

Vodafone India's P Balaji and MP Rajeev Chandrasekhar debate on Net Neutrality.

Book

Big Ideas to Achieve Goals

BOLD, by Peter H. Diamandis and Steven Kotler, is a crash course on entrepreneurship for anyone who wants to be challenged.

Trade Talks through a Travel Lens

With rich stories, Biswajit Nag's My World with Rafiki maps cultural diversity and its effect on business.

People

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People in news. Featuring: Nasim Zaidi, Nandan Nilekani, Ramalinga Raju and more.

People in news. Featuring: Nasim Zaidi, Nandan Nilekani, Ramalinga Raju and more.

Leadership Spotlight

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'If there's change, be clear about the metrics'

Successful companies have to keep reiterating the communication. That is one of the learnings. Overcommunicate where you are going, says  Shantanu Narayen, President and CEO of Adobe Systems.

Trends

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Games with social feature scoring heavily online

Games research company Newzoo forecasts that in 2015 mobile game revenues will zoom past those of console games for the first time.

Features

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'Seeds have been sown for a millet revolution'

The father of India's green revolution, Swaminathan is involved in the conservation and cultivation of millet. He tells Business Today why millet is important.

Started in 2009, MoveInSync now has 75K staff across 10 cities

A band of three entrepreneurs- Deepesh Agarwal, Akash Maheshwari and Anuvrata Arora is trying to cash in on the growing demand for employee transportation services.

Physical retailers turn to web to take on e-tailers

While Future Group has invested Rs 100 crore to spruce up its e-commerce strategy, Reliance promises 'convenience' with its online marketplace offering over 6,000 products.

The climate-smart millet is back on our plates

Food security and nutrition concerns are putting an ancient, climate-smart grain back on our plates. Farm to fork, there's been a revival of interest in millet.

How LED is driving away darkness in India

The acronym LED expands to light-emitting diode. In Andhra Pradesh, though, it translates into a 63 per cent reduction in peak-time power deficit.

Columns

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5 behavioural traits to excel professionally and personally

Creating a culture of excellence begins when you face the reality that your excellence may have been kidnapped. By first admitting it, you then can start to focus on the four tenets of excellence.

Letters

Letters to the Editor

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

Corporate

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Shared services cos tweak strategy for success

Share economy proponents have not given up and are banking on the fact that 65 per cent of India's population is below 35.

Why it will not be easy to put the shine back into Essar Steel

The steelmaker is saddled with massive debt, posted heavy losses for four years in a row, and is operating at half its capacity.

Technology

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Huawei Honor 6 Plus is a premium, but expensive, smartphone

Huawei's Honor 6 Plus feels like a premium smartphone but is a little too expensive.

Micromax makes an affordable 49-inch 4K LED TV

Micromax has rewritten the rulebook by making an affordable 49-inch 4K LED TV.

New entrants gain foothold in smartphone, TV market

A bunch of new entrants is gaining a foothold in the Indian smartphone and TV markets.

Focus

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Unseasonal rain is expected to push up food prices

Unseasonal rain in March and April has destroyed rabi crops in various parts of the country. Crops over 106 lakh hectares - about 18 per cent of the area under rabi crops - have been damaged. This is expected to push up food prices.

Govt, RIL continue to fight over KG D6 gas price at the cost of national interest

The Krishna-Godavari Basin has again become the hotbed of action. The Modi govt has acted tough against Reliance Industries, opposing its demand for arbitration for a revision in gas price.

Rafale jet deal to boost Indian manufacturing

India, say many experts, has a lot to gain from the deal in view of the IAF's depleting strength and promise of domestic manufacturing in the form of offsets, joint ventures and contracts for purchase of components.

Banks differ with RBI on approach to pricing loans

Borrowers often wonder why banks do not pass on benefits of repo rate cuts immediately. The RBI, too, would like faster rate transmission. But banks say it's easier said than done.

Can car cos face new fuel policy, diesel car ban?

Companies claim they didn't face a product mix dilemma even after petrol price deregulation in June 2010 led to a huge difference in the prices of petrol and diesel and consumers shifted large-scale to diesel cars.

Chiaroscuro

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In news: Net neutrality, beef ban, Toyota expansion and more

Also, Japan has become the biggest foreign creditor to the United States government for the first time since the 2008 financial crisis, toppling, China.

Events to watch out for in the coming weeks

Events to watch out for in the world of business in the coming weeks -

CEIBS Case Study

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Mr Ji's hard climb up China's hotel pyramid

Having started with economy hotels in 2005, Ji Qi, Founder of the China Lodging Group, gradually brought in midscale and upscale properties into his portfolio. Growth has been phenomenal, and targets going forward are equally so.

BT More

Making History

Recalling the genius of Abraham-Louis Breguet, who first produced 'subscription watches' in 1796, the Tradition 7097 pays tribute to the mechanisms of that age.

Top products making history in luxury market

Featuring: Lamborghini Huracan, BeoVision Avant 85, Emporio Armani shades and more.

Golf urges you to excel, says Antony Jacob

The CEO of Apollo Munich Health Insurance speaks with BT More on his love for the game of golf.

10 tips for a fulfilling personal and work life

Stress would become a non-entity if you take life in the right perspective, says Sadhguru Jaggi Vasudev of the Isha Foundation.

Home recipes for a great body

Who says great abs are only made in the gym? Fitness guru Rahul Dev reveals how you can sculpt the perfect physique without leaving the comfort of your den.

Turning Back Time

The gift of time immortalised in Titan Nebula's Palace Collection is not a present, but a legacy.

10 must-haves in any man's closet this summer

An established fashion powerhouse, a rising fashion designer and a famous fashion stylist get together to give you the 10 must-haves in any man's closet. This summer, get down to the basics.

'When travelling, I try not to lose my kids'

BBC anchor Matthew Amroliwala  gets candid on the challenges of balancing work, life and five children.

Open For Business

Vivanta by Taj inaugurates a new hotel in Dwarka, tailormade for the business traveller.

'What's a vacation without activity?'

Ibibo founder and CEO Ashish Kashyap shares tips on how to plan the best vacations.

Tips for frequent fliers

Time is luxury. Heathrow's VIP service makes every moment count as it completes your immigration in a jiffy.

Diet watch: 6 ways you can stay cool this summer

If you are a busy executive who is always on the go, here are the top ways to stay cool this summer.

Five ways you can be a smart online shopper

Nakul Bajaj, CEO of India's members-only luxury portal Darvey's, tells you how to buy it right online -

How to click a selfie

With the big selfie revolution, there's no option but to look your best. Here's a primer on how to ace it.

The newest pit stop

Gastronomica, which is situated on the Satya Paul, Benetton side of the market attempts to create a destination restaurant.

Punjabi Passion

Paranda in Vivaanta by Taj, Surajkund, offers memories on a plate

Of Tunes and Tacos

Depot 29 is for foodies and music-lovers alike

Restaurant Review: Lutyens Cocktail House

The bar menu at LCH is quite simple and sophisticated but some of the dishes don't deliver.

Restaurant Review: Fio Cookhouse and Bar

With cocktails to match and great service, this is the place to head to when you want a meal and drink that make you feel good about life.

'I may own RFC, but I remain a small-town boy'

Rainforest Challenge founder Luis JA Wee on India's tryst with the joys of off-roading.