BUSINESS SCHOOLS IN INDIA
Top brands bank on 'imported' sales events to boost demand
Back to school sales in India have seen rapid growth over the last five to six years, with the event generating over a fourth of retail laptop sales. This trend is second only to the Diwali festive season's contribution of 30-35%, according to industry estimates. Other 'imported' sales events include small business days, Black Friday, Cyber Monday, Mother's Day, Father's Day, and Valentine's Day.
Gender ratio improves at old IIMs as they take more female candidates
Indian business schools are prioritizing gender diversity by admitting more women to their flagship programs, reflecting a broader trend in corporate India. Efforts to enhance classroom dynamics and prepare students for diverse workplaces are also underway.
Open to probe, regulations will help doing business: Axis My India chief on alleged stock market manipulation through exit polls
Facing scrutiny, Axis My India's Pradeep Gupta supports regulations for pollsters to improve business practices and credibility. Calls demands to ban exit polls 'childish' and stresses the importance of regulations.
'Marwari' school of business keeps 3 generations of Ruia family under one roof
Essar, a family-run conglomerate, stands out amidst public feuds among Indian business families. The Ruia family, spanning three generations, jointly manages the empire across diverse sectors. Prashant Ruia, director of Essar Capital, credits their unity to aligned goals and individual space. Despite industry challenges, the family cherishes strong bonds and traditions, distinguishing themselves from other well-known family disputes in the Indian business landscape.
Small Indian-American community making grand contributions in the US: Report
The report "Indiaspora Impact Report: Small Community, Big Contributions," conducted by Boston Consulting Group, is the first volume in a series to look at the impact of the Indian diaspora, with a special focus on public service, business, culture and innovation in the United States.
Corporate travel sees a drop amid extreme weather, election heat
The industry expects corporate travel to pick up soon, with the arrival of monsoon rains, schools opening, and work life getting back to normal after the elections.
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Modi 3.0: How different will be the third Modi government
Narendra Modi is scheduled to take take oath for the third term as India's Prime Minister in a changed political landscape. Allies demand concessions, potentially affecting economic agenda. Expectations for populist budget with focus on welfare and rural areas, though concerns raised over economic impact. Reform agenda may face challenges due to weakened mandate, but continuity likely in infrastructure investment and business environment improvements.
If Modi wins India's mammoth Lok Sabha elections, his third regime will need tough reforms to lure foreign firms
Lok Sabha Elections: As Modi gears up for a potential third term, global firms highlight challenges facing India's economy: policy inconsistencies, bureaucratic delays, and scarcity of land. Despite improved business sentiment, actual investment remains stagnant, with foreign direct investment dropping. Key priorities for the new government include policy coordination among states, labor law implementation, skills development, land reform, trade measures, and fulfilling BJP's promises for economic growth and global manufacturing hub status.
India to stick to policy path even if Modi loses, says Raghuram Rajan
Former central bank Governor Raghuram Rajan addressed concerns about possible selloff in financial markets if the Bharatiya Janata Party loses support post-Indian elections. Rajan emphasized the need for economic reforms and infrastructure quality improvement.
Public affairs & advocacy - a career choice
Advocacy and Public Affairs have evolved significantly over the past decade, transforming into a strategic function for corporates. The landscape now includes policy analysis, stakeholder engagement, and risk management. The introduction of policies like the Pre-Legislative Consultation Policy has increased public participation in the legislative process, fostering transparency and inclusivity. Public Affairs in India is evolving to champion knowledge-based engagement and inclusive practices, with companies increasingly recognizing the importance of engaging with Public Policy professionals for business decisions.
Writing is easy, not living: Challenges in implementing family business constitutions
Numerous families face difficulties in actualizing the principles outlined in the document into practical, everyday reality. We discuss here the key challenges encountered in implementing a family business constitution.
Strategies for effective implementation of family business constitutions
This article explores strategies for the effective implementation and bridging the divide between the aspirational ideals outlined in the constitution and the lived reality of day-to-day interactions, long-term strategies, decision-making processes, and familial aspects of harmony and togetherness.
Back-to-school season spurs surge in retail and e-commerce sales
As students gear up for the new academic year, retailers and stationery companies prepare for a surge in demand during the April to June peak back-to-school shopping period. This significantly boosts sales for brands like ITC and DOMS, laptop manufacturers such as Dell, Lenovo, and Samsung, and retailers like Reliance Retail's Smart Bazaar stores, with sales increasing fivefold according to industry experts.
PM Modi renews wealth charge against Congress, says INDIA partners out to "steal" public wealth
Prime Minister Narendra Modi criticized the Congress and its ally Jharkhand Mukti Morcha (JMM), claiming they lack knowledge about development and aim to steal public wealth. At a rally in Jamshedpur, he accused them of spreading lies, stealing assets under the guise of wealth redistribution, and undermining reservations for SCs, STs, and OBCs. Modi also highlighted a cash recovery linked to a Congress leader as evidence of corruption.
CapitaLand India Trust (CLINT) appoints Gauri Shankar Nagabhushanam as Chief Executive Officer-Designate.
Gauri Shankar Nagabhushanam is set to become the Chief Executive Officer of CapitaLand India Trust (CLINT) in August 2024. He brings over 20 years of experience in real estate private equity, fund management, and corporate finance. Previously, he served as CEO of India Business Park at CapitaLand Investment, overseeing the growth of business parks in India. Gauri holds a Master's in Finance from the London Business School and has worked with companies like Ascendas-Firstspace, Deloitte, TAIB Bank, and Samba Financial Group.
TCS CEO says AI could kill India's call centres soon. Is he right?
According to TCS CEO K Krithivasan, AI could result in “minimal” need for call centres in about a year. If Krithivasan’s prediction were to come true, it would mean a lot of change for a lot of people in very little time.
Elon Musk's diplomacy: Woo right-wing world leaders. Then benefit
Elon Musk strategically leverages his Twitter ownership to support right-wing heads of state like Javier Milei, Jair Bolsonaro, and Narendra Modi. His endorsements lead to corporate benefits for Tesla and SpaceX in Argentina, Brazil, and India.
Wanted: More women in taxi, logistics lane
Taxi and logistics companies, traditionally reliant on male drivers, are increasingly hiring women to drive cars and commercial vehicles or deliver ecommerce orders on two-wheelers. Female driver demand is rising faster than for males but there's a shortage.
Avinash Ramesh Godkhindi re-appointed as MD, CEO of Zaggle
Zaggle Prepaid Ocean Services, the parent company of fintech startup Zaggle, re-appoints Avinash Ramesh Godkhindi as MD and CEO. Godkhindi, with Zaggle since 2012, led Citibank's PremierMiles card launch in India. A University of Chicago Booth School of Business alumnus, he brings two decades of financial and fintech experience to Zaggle, founded by Raj P Narayanam in 2011. The company went public in 2023 with its IPO.
IIM Bangalore to open private equity centre of excellence
The Indian Institute of Management, Bangalore, is poised to establish the nation’s inaugural private equity center of excellence within an academic institution, supported by Mathew Cyriac, an alumnus of the institute and executive chairman of Florintree Advisors, a private equity firm. Cyriac, formerly co-head of private equity for Blackstone India, is donating Rs 17.5 crore toward the center, marking the largest contribution from a single alumni member to IIMB.
Restoration of Indian Economy since 2014 a case study for Harvard, says Nirmala Sitharaman
The restoration of the Indian economy, especially banks since 2014 is actually a lesson for the Harvard Business School said Nirmala Sitharaman finance minister of India, while addressing the gathering Gujarat Chambers of Commerce and Industry (GCCI), in Ahmedabad on Saturday. The finance minister was speaking on the topic Vikshit Bharat 2047.
As Canada stumbles, business schools in Eastern Europe & back home gain ground
Indian students are increasingly opting for domestic business programs due to safety concerns and reduced interest in Canada. Affordability is a key factor, with preferences shifting towards the US, Western Europe, and STEM-certified programs in Asia.
Consulting, technology firms top recruiters at ISB, 70 first-time recruiters make 190-plus offers
Consulting and professional advisory services firms dominated recruitment for the Indian School of Business PGP Class of 2024, representing 37% of offers. Overall, 394 companies, including over 70 first-time recruiters, extended 1,206 job offers to 850 students. As of early April, over 95% of the batch had secured placements.
Keeping AI's future open: A key to ethical and inclusive AI innovation and governance
The rapid evolution of AI presents a unique opportunity to merge cultures, ideas, and knowledge into a unified canvas of innovation. With AI predicted to inject $15.7 tn into the global economy, its role extends beyond economic growth to societal transformation. Policymakers worldwide are focusing on a broader, more inclusive approach to governance that transcends conventional regulatory strategies.
Makeover of business administration: Indian B-schools adapt for tomorrow's challenges
While the charm of MBA is fading globally, Indians are still in a mad rush for it. The leading B-schools in the country are reimagining the course to fit the future of business.
India is on a path of digitalisation that is different from China and US: Soumitra Dutta, Dean of Said Business School
It’s time India starts focusing on developing a truly world-class AI infrastructure in the country to reap its dividends, says the Dean of Oxford University's Said Business School.
King's Business School lines up a slew of initiatives for Indian students
Recent data from the Universities and Colleges Admissions Service (UCAS) showed a decline in applications from Indian students to British universities this year. While overall international applications saw a slight increase of 0.7%, applications from India witnessed a 4% drop, according to the data released last month. However, at King's Business School, applications and intake from India have been stable. For the last two years, incoming India-domiciled students account for 12% of all student enrolments.
Indonesia’s president-elect Prabowo Subianto keen on BrahMos purchase; emulating India's mid-day meal scheme for schools
Prabowo Subianto, the Indonesian Defence Minister, will become the next president. He aims to purchase BrahMos missiles and emulate India's social programs. Despite accusations of human rights violations, he wants to build alliances with India. Jokowi's support has been crucial, and his running mate is Gibran Rakabuming Raka. In 2020, notwithstanding the Covid-19 pandemic, Subianto flew to India to meet his Indian counterpart, Rajnath Singh, eyeing expansion of defence partnership, sources said.
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