Auto component companies were doing very well, riding on a booming domestic market, further strengthened by a rising demand from international players looking at outsourcing component manufacturing at a lower cost. The sector was supposed to follow in the footsteps of pharmaceuticals and software. Almost all major auto companies were supposed to be looking at India to be their manufacturing...

Readers of MoneyLIFE are not new to market indices and representative sampling. You sample investment products from a vast array of companies and banks, with the object of picking a few to manage intelligently. Indices are another means to check your portfolio’s health. But would just 30 companies of the Sensex give you a feel of corporate India? The authors of Innovative India apparently...