After hitting a three-year low, deal values have picked up once again but only robust initiatives to improve the business environment can ensure a sustained surge, notes Kanika Datta. If the pace of merger and acquisition (M&A) activity can be considered a barometer of business sentiment, the news from India has been downbeat. According to data collated by Grant Thornton, the first half of the year (January-June) saw an overall drop in deal value for the first time since 2012. But this ... Rediff.com, 2 days ago
Prime Minister Narendra Modi may discover from the experiences of his predecessor Rajiv Gandhi that there are limits to what technology can achieve, notes Kanika Datta Technology is back in the political pantheon as the leading deity to be invoked to rid the country of centuries of poverty and backwardness. First, it was Rajiv Gandhi, who worshipped at its altar with his Technology Missions. Now it is Narendra Modi; and he has acquired the most powerful of high priests in the CEOs of ...Rediff.com, 2 days ago
Narendra Modi may discover that his admirable aim of Minimum Government, Maximum Governance would demand deeper institutional change than he bargained for, says Kanika Datta. The promise of Minimum Government, Maximum Governance (MGMG from here on) is tantalising. How this concept will work is unclear but Prime Minister Narendra Modi has made a start by having one of the smallest councils of ministers of the last three governments with 66 ministers. This is still humungous compared to the ...Rediff.com, 2 weeks ago
Despite Mr Modi's consistent demonstration of purpose, industrialists have the same complaints as they did in the UPA's second stint, notes Kanika Datta. So Prime Minister Narendra Modi wants Indian industrialists to increase their risk appetite and step up their investments in the country to contribute to "nation-building". It is an appropriately muscular statement from our "strong" prime minister. The question is whether he has a realistic assessment of the risks Indian businesses face. Mr ...Rediff.com, 1 month ago
Like Enron and Posco, Foxconn's Terry Gou may just discover that when it comes to doing big business in India, it's better to stay under the radar, notes Kanika Datta. Devendra Fadnavis and Terry Gou are entitled to their moment in the sun after signing an agreement for a $5 billion investment in a factory to make iPhones, BlackBerrys, Kindles and PlayStations in Maharashtra and generate 50,000 jobs. For Mr Fadnavis, the announcement rounds off a week that saw General Motors shift ...Rediff.com, 1 month ago
India's still male-dominated corporate environment wittingly and unwittingly contrives to put women employees on the back foot in myriad imperceptible ways, notes Kanika Datta. Image: Sexual harassment in the Indian white collar workplace is alive. Photograph: Mansi Thapliyal/Reuters Several high-profile and unedifying examples have confirmed what we suspected for decades: sexual harassment in the Indian white collar workplace is alive. The mechanisms to address this ...Rediff.com, 2 months ago
This government could find itself a prisoner of its pro-business stance as much as the UPA found policy circumscribed by its pro-poor focus, says Kanika Datta. Imagine if you could choose from multiple electricity suppliers in your area or even change suppliers if you are unhappy with your service provider. This is the intent of an amendment that the government hopes to pass in this session of Parliament — if the Opposition allows it to conduct any business. Yet, this important ...Rediff.com, 2 months ago
on your WebpageAdd Widget >Get your members hooked!