Cover story | Sep 2, 2012
Business Today investigation reveals there are many worms crawling out of the information technology industry's recruitment can that has been prised open by one scandal after another. To address the malaise, placement officers will need to do more along with structural changes.
From The Editor: Sep 2, 2012
Indeed, Cicero would exclaim o tempora o mores if he read our
painstaking investigation of deceit and corruption in the 'placement'
race that hundreds of thousands of freshlyminted college graduates find
People who made news in the last fortnight; featuring Deccan Chronicle's T. Venkattram Reddy, Dentsu Network's Tim Andree, Go Daddy India's Rajiv Sodhi and more.
DIAL still seeks airport development fees hike
DIAL says the 346 per cent increase allowed earlier translates into a return on
equity of 16 per cent, far lower than the 24 per cent it needs to
be profitable. So far, the company has been incurring huge losses.
Was Janardhana Reddy ever serious about his steel biz?
Disgraced mining baron Gali Janardhana Reddy also dabbled in making steel. Steel industry experts lament that critical projects fall by the wayside
because governments tend to patronise non-serious players like Reddy at
the cost of companies with proven track records.
With Anil Ambani as an investor, DTDC takes wing
Global expansion is high on DTDC's agenda. The courier-turned-logistics company has earmarked $30
million on its balance sheet for the Australia and Pakistan joint
ventures, the Yangon centre, and future acquisitions.
Casual, fine-dining restaurant chains on a roll
With more Indians patronising restaurants, dining chains have them eating out of their hands. With all the big players gung-ho on expansion, fine and casual dining is expected to touch Rs 10,000 crore by 2015.
Adapting to Conquer
International luxury restaurant chains are changing their menus to suit local tastes.
How mobile games are being monetised
Mobile gaming is set to become a big market in India. Gaming app developers are trying out novel ways to make money from their products. Some pack in ads, while others shun them but charge users to download games.
The cover story (Deconstructing HCC, August 19) brings into focus the
difficulties in investing and developing infrastructure projects,
especially in a country like India.
Best of the lot
BT receives many responses to its case studies. Below is the best one on Haagen-Dazs (June 10, 2012)
All you need to know about Olympian economics
It impacts many aspects of the host city's economy, and performance at
the Games can be correlated to a participating nation's economic
development, says Goldman Sachs' "The Olympics and Economics 2012"
Will FM do a course correction for the economy?
Chidambaram, according to both bureaucrats and independent tax experts,
agrees with the changes initiated by PM Manmohan Singh. Thus he is likely to focus
on ushering in a mindset change on the proposed legislation within the
government rather than a significant overhaul.
Why inflation pain will not go away soon
Even if RBI and the government do work together effectively to reduce inflation, the pain won't go away for another six months. The current economy makes it harder for the government to act aggressively and RBI has made it clear that it cannot fight inflation alone.
Recovery still fragile in aviation sector
Two of the country's three listed airlines - Jet Airways and SpiceJet - have reported a profit for
the quarter ended June 30. There
has been some excitement in the industry because of this, but there is
still reason for caution.
On Record/Base price for 2G auction
There is no business case (for auctioning spectrum) even at Rs 1,650
crore (per MHz). Idea has been losing Rs 170 crore per quarter in new
circles. So, there is definitely no business case at Rs 14,000 crore
(for 5 MHz), Himanshu Kapania, Idea Cellular MD, in Business Standard
How different things work
The latest landing of an unmanned space vehicle on the planet Mars on
August 6 was a giant step forward in space exploration. Here is why:
Roundup: Events of the fortnight
The 165.54 km long six lane concrete Expressway from Delhi's satellite
town of Greater Noida to Agra was inaugurated by Uttar Pradesh Chief
Minister Akhilesh Yadav on August 9.
How to influence beyond authority
The ability to influence those over whom a manager has no direct
authority is a vital cog that keeps corporate wheels moving towards goal
LBS Case Study
How Havaianas transformed into a premium brand
Until the early 1990s, Brazil's Havaianas slippers were perceived as a poor man's product. In appearance, these slippers, made by Sao Paulo Alpargatas, are very similar to India's ubiquitous 'Hawai chappals'. A sharp drop in sales in 1993 forced the company to revamp the brand's image. Today, while it is still a product for the masses, Havaianas has come to be perceived as a premium brand as well.
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