Innovation in Action

Sajid Dhanani of Sayaji Hotels has rolled out a series of innovations from Vadodara and Indore. Udit Chaudhuri narrates his story

Outdoor eating is a big business. But, as yet there are few pure restaurant chains in India. None of them is listed on the stock market. Here is an exception. One small hotel company – Sayaji Hotels – has a large and rapidly growing business of restaurant chains....

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    In the past fortnight, the volatile stock market drowned the impact of all other bits of news. The media struggled to sift through facts, rumours, speculation and mere conjecture to figure out what to put in the public domain. Television and Internet news sources are especially pressed for time and, as happens at times like these, there was a lot of fiction being reported and denied with...

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    A powerful bull market invariably hides frayed regulatory processes and haphazard supervision, allowing the watchdog to get away with silence, inaction or mere sabre rattling. Since the markets recovered strongly after a powerful two-day correction (on 21st and 22nd January), many issues raised during the panic will be forgotten again. The US economic situation will be blamed for market...

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