Kinship & Business: The Saga of Indian Family Businesses
The family that stays together grows together. After featuring the success of 17 centennial companies of India in the previous issue as part of the 17th anniversary celebration of Outlook Business, we now follow the growth trail of five family-run business groups in the country, each founded by visionary individuals and nurtured by subsequent generations into successful conglomerates. They have weathered many a storm in their several-decades-long journeys and managed to stick together, each finding its own strategy for growth.
August 28, 2023
Taking Off Conveniently
No place is far away and no travel plan difficult to make, thanks to online travel companies which have redefined convenience with their range of products and services that cater to every aspect of travel. Rajesh Magow, co-founder and group CEO of online travel company MakeMyTrip, describes five ways in which these companies have come of age in India
August 28, 2023
MDH, Est. 1919
India has a rich legacy of a century-old companies that started small. However, very few of them grew out of a small shop. MDH, or Mahashian Di Hatti, as Mahashay Chunnilal Gulati’s small shop in Sialkot was called, is one such company
July 29, 2023
When a Corporation Traverses 100 Years Sans a Formula
Centennial companies have weathered the storms of time, evolving their ownership structures to adapt to the changing dynamics at the macro, meso and micro levels and at socio-economic-political-institutional, business, society and family levels.
Nupur Pavan Bang - July 28, 2023
Legacy Of Free Thought
Polarisation has also divided us into the camps of liberals and right-wingers. Caught in this tension between ideologies is the story of our intellectual degeneration
Suchetana Ray - July 28, 2023
In India’s Fragmented ESG Space, Businesses Need Expert Advice: Rinesh Patel
Snowflake, the US-headquartered cloud data platform, has emerged as a binding glue in the fragmented data ecosystem of environmental, social and governance (ESG) frameworks. In today’s business landscape, ESG considerations are gaining prominence, as companies strive to align their operations with sustainable practices and meet evolving stakeholder expectations. Rinesh Patel, global head of financial services at Snowflake, talks about how important it is for modern corporations to navigate the complex web of scattered ESG frameworks using tech tools which are customised to honour the investor and regulator’s expectations. Edited excerpts:
Shailaja Tripathi - June 30, 2023
Building a Case for ESG
Compliance with environmental, social and governance (ESG) guidelines can be tedious but rewarding. By voluntarily joining the compliance bandwagon, Indian companies can reap the benefits of an increasingly ESG-conscious global business ecosystem
Rajiv Tikoo - June 30, 2023
The 28% Curse for Online Gaming Players
The sunrise sector has often found itself caught in the crossfire of regressive legislative action, with certain states citing safety and legality concerns to either put companies on a tight leash or ban them completely. Will the Central government’s recent rules for online gaming bring transparency or crush it under excessive GST demand?
Vinita Bhatia - May 30, 2023
ESG Mantra: Measure Well To Manage Well
There are various challenges that companies report while maintaining this transparency, such as the complexity of supply chains, limited access to low-carbon energy sources and a lack of expertise in decarbonisation strategies. However, there are also a number of levers that companies can use to amplify action
Prarthana Borah - March 28, 2023
Shailendra Singh: We Are Not Here To Win A Popularity Contest
He answers emphatically when asked if rivals are out to malign him and Sequoia Capital. Stung by controversies in their portfolio companies, Shailendra Singh tells Outlook Business that the black sheep make less than 1% of its portfolio value and its business model is sound. He underlines that Brand Sequoia is intact
Suchetana Ray - February 27, 2023
