Adani Power, Azure Power win solar projects bids in Uttar Pradesh

NEW DELHI: Adani PowerBSE 1.42 % and Azure Power have won the latest auction for solar energy projects with bids of Rs 4.78 per unit, higher than the record low of Rs 4.34 set this month. The smaller size of these projects in Uttar Pradesh and the lower level of solar radiation in the state compared with Rajasthan, where the new low was set in the last round, led to the higher price, analysts said...Read more

Renaissance Florence Was a Better Model for Innovation than Silicon Valley Is

Renaissance Florence Was a Better Model for Innovation than Silicon Valley IsUrban planners the world over yearn to replicate the success of Silicon Valley: witness Thames Valley (England) and Silicon Oasis (Dubai), to name just two of these attempts. Invariably, these well-intentioned efforts fail for the simple reason that they’re trying to replicate the wrong model. Silicon Valley is too new, too now, to glean lessons from. Those hoping to launch the world’s next great innovation hub would be better off looking to an older, even more remarkable genius cluster: Renaissance Florence. The Italian city-state produced an explosion of great art and brilliant ideas, the likes of which the world has not seen before or since. This hothouse of innovation offers lessons as relevant and valuable today as they were 500 years ago. Here are a few of them...Read more

The Mindful Board

the-mindful-boardDirectors facing complex corporate governance challenges can develop their capacity to think together about the implications of their decisions.
In 1995, the board of directors of Methodist Hospital faced a profound decision over the institution’s future. The hospital, based in Indianapolis and owned by the Methodist Church, had significant financial assets, but its patient numbers were declining. It was considering a business relationship with both Riley Hospital for Children and University Hospital, two local academic facilities managed by and for the School of Medicine of Indiana University. As state-owned institutions, they lacked the funds and patient population to support their own three-part mission: education, research, and patient care...Read more

Optimizing Workflow And Productivity In The Office

We've all been there. it's a busy day at work: emails flying, bosses checking in, meetings to attend, phone ringing off the hook; on top of work-related instant messages, personal instant messages, personal text messages, tweets, Facebook updates, etc...Read more

Ten essentials for entrepreneurs looking to build a successful brand

Private Co Transaction Multiples, Financials & Returns. Data From '98...Read more

Leadership Is a Conversation

leadership-is-a-conversationThe e command-and-control approach to management has in recent years become less and less viable. Globalization, new technologies, and changes in how companies create value and interact with customers have sharply reduced the efficacy of a purely directive, top-down model of leadership. What will take the place of that model? Part of the answer lies in how leaders manage communication within their organizations—that is, how they handle the flow of information to, from, and among their employees. Traditional corporate communication must give way to a process that is more dynamic and more sophisticated. Most important, that process must be conversational...Read more

Indian hotel ranked world's best by TripAdvisor

Indian hotel ranked world's best by TripAdvisorTravel website TripAdvisor on Thursday announced that Umaid Bhawan Palace in Jodhpur was the winner in the top hotels category of its Travelers’ Choice awards for hotels. It was the only Indian property in the 25-member list and the first time that an Indian hotel has topped the global list. Shinta Mani Resort in Siem Reap, Cambodia, and Bellevue Syrene in Sorrento, Italy, stood at numbers two and three, respectively.
Globally, there were two other notable Indian mentions in the luxury hotel category of the awards. The Oberoi Vanyavilas, located near the Ranthambore National Park, was ranked sixth in this category, and The Taj Rambagh Palace in Jaipur was ranked 15th...Read more

The Fastest-Growing App Categories in 2015

Over the past few years, smartphones and tablets have completely changed the way we interact with media. We may still be listening to the radio, read the news and or watch television shows, but more and more often we’re doing it on our mobile devices or, to be more precise, within apps.Read more

The best time to start up is now

It’s perhaps the best time - since Indian independence - to leave a well paying 9 to 5 job and don the hat of an entrepreneur. Reason: as a startup entrepreneur, your company will be exempt for three years from capital gains tax and tax on profits. These are among other incentives that the Modi-led government has planned for the startups...Read more

Companies Are Now Making Innovation Everyone’s Job

Companies Are Now Making Innovation Everyone’s JobIn the past few weeks, three corporate innovation clients have moved to — or had their roles expanded to include — their company’s training function. As one remarked, perhaps ruefully, “Now I’ve got to get the people who actually do the work to innovate.”

Yes, enterprise innovation conversations seem to be shifting more from the “how” to the “who.” Process and methodology debates have turned into the operational challenge of how best to boost people’s capabilities. For many firms, the innovation agenda is now as much about human capital investment as delivering new products and services...Read more

World's Most Punctual Airlines

Top-10 airlines wordwide by on-time preformance in 2015...Read more

Jugaad' is the key to be a successful entrepreneur

Travis Kalanick chose the bus over an Uber ride to IIT Bombay on Tuesday. Regardless of how he travelled, Uber's co-founder arrived in style at the institute for a conversation with Ronnie Screwvala, in an auditorium packed with over 3,000 students...Read more

New technology changing the way we work

Infographic charting the top 10 drivers behind digital transformation for businesses, factors transforming work over the next 5 to 10 years and global tech predictions, 2015-2020Read more

Realty demand set to touch 1.35 billion sq ft by 2020

NEW DELHI: Demand for organized real estate in India will reach around 1.35 billion sq ft by 2020, up from around 880 million sq ft currently, and 85% of this will be for residential real estate, according to a report by consulting firm Bain & Company...Read more

Travis Kalanick's eight commandments for entrepreneurial success

Uber co-founder Travis Kalanick started the transportation network company in 2009. Such was the business' disruptive potential that in six years time it had grown its presence to 58 countries (300 plus cities) around the world...Read more

A 10-Year Study Reveals What Great Executives Know and Do

a-10-year-study-reveals-what-great-executives-know-and-doDespite the huge impact executives can have on their organizations, failure rates remain high. Prescriptions for what to do continue to fall short. So we wondered: If we closely studied the executives who succeed in top jobs once appointed, could we identify distinguishing features that set them apart and defined their success?

As part of our ten-year longitudinal study on executive transitions, which included more than 2,700 leadership interviews, we did a rigorous statistical analysis (including more than 90 regression analyses) to isolate the skills of the top-performing executives. We isolated seven performance factors correlated to strong organizational performance as well as leadership strengths through IBM Watson’s content analysis tools as well as historical performance reviews of these leaders and their direct reports. These seven factors led to our discovery of four recurring patterns that distinguished exceptional executives...Read more

Artificial intelligence in the workplace

Infographic outlining how artificial intelligence is proving its worth in 5 key sectors - law, marketing and advertising, finance, retail and customer service, and healthcare...Read more

Davos 2016: A preview of World Economic Forum

The World Economic Forum kick starts in Davos, Switzerland and over 2,500 leaders from across the world will be taking part. CNBC-TV18's Menaka Doshi has more details from Davos...Read more

Driverless Cars: What Could Possibly Go Wrong?

Driverless Cars: What Could Possibly Go Wrong?live in cities that — as one autonomous driving start-up imagines — have “no congestion, zero traffic fatalities, instant parking available on demand, safe routes for cars, bikes and pedestrians and modern, efficient, up-to-date infrastructure.”

There sure is a lot of hype around autonomous cars. Tech firms love the concept — the vehicle is a mobile IT platform like no other. By and large, journalists and other commentators have been happy to go along for the ride. Who doesn’t want to live in a future free from congestion, collisions, and pollution from combustion engines and the petroleum supply chain?...Read more

Five Steps to Formalizing Forward Thinking in Your Organization

Many organizations include the phrase “forward thinking” in their core values or vision statements, but few have a formalized process for this practice.

In the innovation space, forward thinking is more than a generic phrase: It refers to organizations and the way in which they proactively look toward the future to identify opportunities. And there are some specific tactics that can help companies capitalize on future trends:..Read more

TOP 5 SECTORS FOR M&A IN 2015

Mergers and acquisitions are breaking records worldwide, but four sectors – financial services, telecoms, pharmaceuticals and computer manufacturing – are blazing a trail...Read more

PM Narendra Modi's boost to startups in India

PM Narendra Modi addressed the 'Startup India' scheme and spelt out the key features of government's action plan to encourage entrepreneurship in the country...Read more

The Trickle-Down Effect of Good (and Bad) Leadership

The Trickle-Down Effect of Good (and Bad) LeadershipWe know that emotions are contagious. Research by UC San Diego’s James Fowler and Harvard’s Nicholas Christakis has shown that happiness is contagious, for example. If you have a friend who is happy, the probability that you will be happier rises by 25%.

We also know that behaviors are contagious. Christakis and Fowler determined that if you have overweight friends, you’re more likely to be overweight yourself. If you quit smoking, your friends are more likely to quit. Rose McDermott of Brown University found that divorce is contagious. She concluded that if you have a close friend who’s divorced, you are 33% more likely to split with your spouse...Read more

21st Century belongs to India

Masayoshi Son, CEO, SoftBank strong believes that 21st century belongs to India because Indian people are smart, they speak English, the country has more percentage of young population, adding that it is one of the few countries that has a huge domestic market to fight challenges...Read more

The business case for transformation

LONG-TERM RELEVANCE: Compared to three years ago, where does securing the long-term relevance of your orgaisation sit in terms of boardroom and management priorities?...Read more

The Three Measures of Your Leadership Success

Are you a successful leader? This is a difficult question to answer: No matter how good you think you are, the only evidence of leadership is whether people follow you. Self-serving bias distorts your perception of your own successes and failures. Even if you’re incredibly self-aware, you may have trouble with an objective assessment because your direct reports may only appear to be following — they don’t get an option to be physically present — and not every company conducts rigorous engagement surveys or 360-degree reviews.... Read more

Bitcoin: 2015’s Best Performing Currency

For many investors, the major story of the year was the start of the fed's first tightening cycle in over 10 years, and the resulting strength of UD dollar... Read more

Mumbai to get an international financial district

Mumbai to get an international financial districtMUMBAI: Nearly 15 months since becoming the chief minister of Maharashtra, Devendra Fadnavis has set the ball rolling on creating an international financial district in Mumbai which could look to draw global businesses from other Asian cities such as Dubai and Singapore, said people familiar with the move.

Work on creating a top class financial arena will begin as soon as April when a committee headed by Union minister of state for finance Jayant Sinha prepares a master plan to develop the area which already houses the biggest names in Indian finance — ICICI BankBSE -1.51 %, Bank of Baroda, UTI Mutual Fund Deutsche Bank, a diamond bourse, and Citibank... Read more

Strategy and Execution Are the Same Thing

In a recent article, Paul Leinwand, Cesare Mainardi, and Art Kleiner presented some survey findings underscoring the well-established fact that few leaders (only 8%, according to their study) are good at both creating good strategies and putting them into practice. But they seemed to almost completely ignore a really interesting finding from their research, which is that leaders who are good at strategy are nearly always also good at execution — to the extent that making a distinction between the two is futile...Read more

Boost for India's quest for tapping ocean energy sources

As per the decision of the meeting of the cabinet chaired by Prime Minister Narendra Modi, the nodal agency for the membership by signing the Implementing Agreement (IA) would be Earth System Science Organisation - National Institute of Ocean Technology (ESSO-NIOT) under the Ministry of Earth Sciences.

The Union Cabinet today gave the nod for India becoming a member country of International Energy Agency - Ocean Energy Systems (IEA-OES), a move that will give access to advanced R&D teams and technologies across the world and help tap ocean renewable energy resources. As per the decision of the meeting of the cabinet chaired by Prime Minister Narendra Modi, the nodal agency for the membership by signing the Implementing Agreement (IA) would be Earth System Science Organisation - National Institute of Ocean Technology (ESSO-NIOT) under the Ministry of Earth Sciences. This initiative will help in advance research, development and demonstration of technologies to harness energy from all forms of ocean renewable resources, as well as for other uses, such as desalination through "international cooperation and information exchange...Read more

The adaptive Enterprise

Recent history is littered with companies whose failure to adapt to new technology and changing markets proved to be their downfall. Your company's ability to adapt internally as rapidly as the world outside changes can be the difference between growth and stagnation. that's the essence of the adaptive enterprise...Read more

The Next Big Questions in Management

As s+b marks 20 years of publication, we are looking back (and forward) to reflect on the themes, people, and ideas that have animated two decades of original thinking. This is the last in a series of blog posts...Read more

Change Management and Leadership Development Have to Mesh

Leadership development and change management tend to be top priorities for many organizations. In spite of this, a majority of organizations tend to fall far short of their goals for both. One major reason organizations struggle is because they treat both leadership development and change management as separate rather than interrelated challenges. Cultural changes cannot happen without leadership, and efforts to change culture are the crucible in which leadership...Read more

Bengaluru: Climbing up the innovation ladder

With a vibrant startup culture and robust venture capital funding, the Garden City is on the cusp of becoming a global innovation hub. It only needs some big institutes and an efficient mentor ecosystem in place

Over the last decade, Bengaluru has moved up the value chain, from BPO hub to the Silicon Valley of India. Multiple reports and studies point out that it is the preferred destination for homegrown startups and venture capital funding. The city’s IT-services legacy, talent pool and diverse culture have contributed to building brand Bengaluru. However, despite all that, it is still far from becoming a global...Read more

FDI equity inflows

FDI equity inflows from top 10 countries...Read More

Tech Mahindra, MetricStream announce global tie-up

Software firm Tech Mahindra has entered into a strategic alliance with US-based MetricStream to deliver governance, risk and compliance (GRC) solutions across the globe.

MetricStream's leading enterprise and cloud apps for GRC allow clients to strengthen risk management, regulatory compliance, vendor governance and quality management while driving business performance...Read More

Government plans Rs 500 crore pharma technology upgradation fund

Government is planning to set up a Rs 500-crore pharma technology upgradation fund which will facilitate cheaper loans to entities looking to upgrade their manufacturing facilities.

Besides this, the Department of Pharmaceuticals is already working on a proposal to establish a venture capital fund with a same corpus to provide cheaper loans to small and marginal companies planning to set up new units...Read More

India Just Crossed 1 Billion Mobile Subscribers Milestone

India’s mobile phone subscriber base crested the 1 billion users mark, as per data released recently by the country’s telecom regulator. But experts see the milestone as the beginning of some dramatic action rather than as a climax... Read more

Tata Trusts, Mars join hands for agriculture development in India

Tata Trusts and global food major Mars, Incorporated, on Wednesday announced a partnership to work for advanced agriculture development, address malnutrition and improve food safety in India.

The two have signed an MoU to develop methods and tools to increase crop productivity, farm income and sustainability of select agriculture commodities, among others, Tata Trusts and Mars, Incorporated said in a joint statement...Read more

 

Government approves conversion of MUDRA into bank

The Cabinet today approved conversion of MUDRA Ltd, an NBFC, into MUDRA Bank and also setting up of a Credit Guarantee Fund for loans disbursed under the Pradhan Mantri Micro Units Development Refinance Agency (MUDRA) Yojana...Read more

How to Raise Millennials in the Workplace

There’s a new book that should be on the bookshelf of every parent — and every leader. How to Raise an Adult: Break Free of the Overparenting Trap and Prepare Your Kid for Success, by Julie Lythcott-Haims, is a wake-up call for well-off, well-meaning parents to do less for their kids so their kids can do more in life. It also sounds the alarm for leaders who must prepare themselves to finish the parenting that is not occurring in many homes...Read more

Emerging Markets: Strategies for Competing in the Global Value Chain

The traditional dominance of international markets by companies from the US, Western Europe and Japan can no longer be taken for granted. Emerging market economies, from the powerhouse Chinese economy (set to pass the US in national income by 2020) to dynamic players such as Mexico, South Africa and Indonesia, are rapidly changing the competitive landscape. Companies who can successfully enter these emerging markets may reap rewards and benefits from cost reductions and market opportunities. By understanding their positioning in the global continuum of companies and customers - the global value chain - businesses can build their strategies for better competition, more effective resource allocation and cost reduction, and heightened awareness of risks and benefits... Read more

The Supply Chain Goes Digital

The world today is a different place. There are officially more mobile devices than people. And with increasing frequency, we use these devices to manage our lives. To shop. To pay for things. To find restaurants and hail cabs. To network with our friends and family. Many of these same technologies have made their way into the enterprise. And they are transforming the way we work. Business networks, for instance, are changing the way we discover, connect, and collaborate with our trading partners. They are giving us access to insights and intelligence that allow us to make better, more informed decisions. They are, in essence, transforming procurement as we know it...
Read more

BSNL to set up 40,000 Wi-Fi Hotspots in the country

Public sector telecom major BSNL today said it is working on setting up 40,000 Wi-Fi Hotspots in the country to counter its inadequacy in providing 4G data services.

"We are at present neither a 4G service provider, nor do we have the relevant spectrum to launch this service. But to deal with this challenge, we are working on a scheme to set up 40,000 Wi-Fi Hotspots in the country, as it (Wi-Fi Hotspot) is faster than 4G services," BSNL CMD Anupam Shrivastava told reporters.

Shrivastava said under the scheme, 500 Wi-Fi Hotspots have been set up in the country, and the company plans to increase them to 2,500 in the current financial year... Read more

45 Indian entrepreneurs in Forbes list of achievers under the age of 30

NEW YORK: Forty five Indians and Indian- origin people have made it to Forbes' annual list of achievers under the age of 30 who are "changing the rules of the game or creating entirely new playbooks" across varied fields... Read more

Save Your Strategy from the Global–Local Divide

The phrase “think globally and act locally” doesn’t quite capture what multinationals are up against. Companies with multiple lines of business that span the world must respond to the unique situations they face in each market, and at the same time operate to take advantage of their scale and scope. A more accurate motto would be “think and act globally and locally.”... Read more

The Biggest Trends in Digital Media in 2015

As the year draws to a close, it’s time to recap on what has been a busy year in the digital media landscape. Parsely, a company that specializes on audience analytics, conducted a year-end poll among hundreds of digital publishers worldwide to identify the most notable trends of the past 12 months... Read more

Secrets of the Activist Manager

Outside investors have their megaphones. But insiders have a more powerful tool for creating value: deep knowledge of their business and customers.

In theory, management and shareholder activists have the same goal: maximizing long-term value. A stronger and more valuable company not only benefits its shareholders financially, but lays the economic foundation for the company to serve the interests of other stakeholders, including customers, employees, suppliers, and its community. Many activists — institutions and individuals who take a position in a publicly traded company with the intent of improving its value by changing its strategy, financial structure management, or board — share these long-term objectives. But some, the type often branded as dangerous corporate raiders, take a short-term view. They believe it is possible to push share prices higher (and soon!) by reducing costs, increasing leverage, and selling assets. According to a 2015 PwC report (“Shareholder Activism: Who, What, When, and How?”), the number of hedge funds pursuing such strategies has increased dramatically since 2005, and they collectively have more than US$100 billion in assets... Read more

Want to start ArcelorMittal-SAIL JV project in 2016

NEW DELHI: The estimated Rs 5,000-crore joint venture between steel giant ArcelorMittal and state-run SAILBSE -0.10 % is most likely to be finalised this year with the Steel Ministry working towards formalising the project.

"We have signed an MoU with ArcelorMottal for a steel plant. We want to finalise the project this year. Work on it is progressing," Steel and Mines Minister Narendra Singh Tomar told ... Read more

Woman Entrepreneur Makes Low-cost Electric Vehicles - Backed By Ratan Tata And Infosys' Co-founder

While Tesla and Apple AAPL -1.98% are working on electric car technologies, a woman entrepreneur from the southern Indian city of Coimbatore is going after a completely different segment – electric cycles, scooters and load carriers.

Hemalatha Annamalai, 47, makes low-cost electric vehicles out of her plant in Coimbatore. She is the founder and CEO of Ampere Vehicles Private Limited. Her focus is on rural transportation and provision of vehicles in tier 2 and tier 3 towns... Read more

The FT Essential Guide to Writing a Business Plan: How to win backing to start up or grow your business (2nd Edition) (Financial Times Essential Guides)

In one engaging, outcome-oriented book, The FT Essential Guide to Writing a Business Plan gives you:... Read more

Which Countries Work The Most?

We looked at data from 35 countries to find out who clocks the most hours in a year - as well as how many workers reported more positive experiences than negative in an average day.... Read more