Indias competitive strength has never been cheap labour, it is brain power which we recognised in the late 80s. The rest of the industry is begnining to see this today
ML: We know the basics, like you went to MIT (Massachusetts Institute of Technology), but can you tell us what dictated your choices?
Kalyani:Let me start a little before MIT. I did my engineering at BITS (Birla Institute of Technology) Pilani. In those days people who wanted to pursue an engineering career either looked at IIT (Indian Institute of Technology) or at the next level,...
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Strong Signal
On May 8, 2006, India's apex consumer court sent a strong signal that it will not tolerate companies lying in their affidavits when challenged for their faulty and deficient services. A National Consumer Disputes Redressal Commission (NCDRC) bench comprising Justice MB Shah and Mrs. Rajyalakshmi Rao slapped Reliance Infocomm with punitive damages of Rs 1.5 lakh plus costs and...
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Mall Mania
How does India stack up in the world as a retail opportunity? A recent report on the retail sector by Ernst & Young said that India has the best potential among emerging markets and is deemed a 'Priority 1' market for international retail players. What is attracting them? The highly fragmented nature of Indian retail industry. Of the 12 million retail outlets, more than 95% are run...
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