That Tumbling Feeling for FMCG Companies
India’s FMCG giants are struggling with sluggish growth. Declining sales and tough competition from local brands have dampened the sentiments around many popular legacy brands. Can the marquee names rev up a new growth engine?
Ayaan Kartik - February 29, 2024
Digitisation Pushing Growth in Lending Segment: Naveen Kukreja
Over the past five to seven years, the digital-payments sector has grown stupendously, transcending economic and geographical barriers. Naveen Kukreja, co-founder and chief executive officer of Paisabazaar, a digital-lending platform, talks about five drivers of growth in the lending segment in the country
March 01, 2024
The Rich Are Getting Richer, but the Poor Are Not Getting Poorer: T.V. Somanathan
Increasing consumption among the middle class and the poor in India is a valid policy challenge, the answer to which lies in creating more jobs, says T.V. Somanathan, finance secretary and secretary of expenditure in the Union Ministry of Finance. In an exclusive interview, he also discusses why the current income tax rates are reasonable and why he finds the 3% fiscal deficit target questionable among other issues. Edited excerpts:
Neeraj Thakur - February 29, 2024
Rathin Roy: Tax Sops, Investments Won’t Erase Growth Fault Lines
Social factors play a big role in preventing development of states, says Rathin Roy, economist and former member of the Prime Minister’s Economic Advisory Council. Critical of the penchant to manufacture for the rich, he calls for a political conversation around the need to address unmet demands for affordable access to basic necessities like healthcare, education, housing and textiles. Edited excerpts:
Parth Singh - February 02, 2024
Tiger Tyagarajan: GenAI Is a Technology. Embrace It
Presenting Tiger Tyagarajan, president and outgoing CEO, Genpact, in a passionate defence of the Indian IT sector as it braces itself for an epoch-changing tech disruption. He compares GenAI innovations to the invention of steam engine. Edited excerpts:
Suchetana Ray - December 29, 2023
Debjani Ghosh on Importance of Human Choices in an AI World
We, as humans, are not mere bystanders in the progression of AI. The decisions we make—both individually and together—will profoundly shape the trajectory of AI and, in turn, define our own future
Debjani Ghosh - December 29, 2023
Collaboration or Cannibalisation? That Is IT’s AI Dilemma, Says Vineet Nayar
The critical question to ask is not about jobs overall but whether Indian IT can retain its relevance by investing aggressively in AI and its application to service delivery or will it miss the turn that will cost us a lot of jobs
Vineet Nayar - December 29, 2023
Facing GenAI: Can Indian IT Companies Evolve To Turn a Global Monster Into an Ally?
The Indian IT industry is boldly confronting the generative AI challenge, arming its workforce with cutting-edge training and delving into clients’ needs. Yet, in the ever-competitive realm of emerging technologies, even as it stands resolute and fully committed to mastering the intricacies of the AI landscape, some firms may find themselves at risk of falling behind
Vinita Bhatia - December 29, 2023
Opening Happiness With a Chill Pill
Juan Pablo Rodriguez, the chief executive officer of Hindustan Coca-Cola Beverages, aims to do his best each day and believes in enjoying the present to the fullest without worrying excessively about the future
Chitra Nair - December 29, 2023
Feeding Indian Aspirations
Something unusual has happened for Apple in India. The US tech giant reported a 48% annual revenue growth for its India operations in FY23. The jump in revenue and profit has made the country, known for preferring price-sensitive Android devices over expensive iPhones, a serious bet for the company
Abdul Haleem Sherif - December 01, 2023