Growth matters. But so does capital expenditure and return on capital, says Shreedhar Kanetkar
Work brought Panda Babu from Kolkata to Pune recently. Babu, 34, was so pleased with the facilities his employer offered that he invited his family to join him. He now lives conveniently close to work. His five-year-old daughter goes to school nearby. In the past six months, he has turned down...