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India’s Gujarat state aims to be investment draw

New Delhi, Dec 8 (Reuters) – India’s Gujarat state aims to be a primary focus for foreign investors, particularly in infrastructure like ports, power and…

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Interview of Kumar Mangalam Birla

Few of us know that KUMAR MANGALAM BIRLA, Chairman of the Aditya Birla Group, produced the critically acclaimed Hindi movie Black. Or that he has…

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CHINA DISCUSSING SIX LOANS WITH ASIAN DEVELOPMENT BANK

18 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 18, Reuter – China is negotiating with the Manila-based Asian Development Bank for…

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JAPAN STRUGGLES TO USE ADB TO RECYCLE SURPLUSES

20 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 20, Reuter – Japan’s attempt to use the Asian Development Bank (ADB) to…

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ASIAN DEVELOPMENT BANK STILL AWASH WITH FUNDS

20 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 20, Reuter – The Asian Development Bank (ADB) is still awash with funds,…

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SUITABLE CHINESE PROJECTS HARD TO FIND — ADB HEAD

27 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 27, Reuter – The Asian Development Bank (ADB) has found it difficult to…

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TAIWAN SAYS ROW OVER NAME CHANGE CONTINUES WITH ADB

27 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 27, Reuter – Taipei has ended a two-year boycott of the Asian Development…

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JAPAN-U.S. TUSSLE LIKELY TO DOMINATE ADB MEETING

27 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 27, Reuter – The Asian Development Bank annual meeting starting on Thursday is…

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SOUTH PACIFIC ISLANDS WANT OWN DEVELOPMENT BANK

28 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 28, Reuter – South Pacific island nations want to form a new regional…

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AQUINO SAYS ADB LEADERSHIP SHOULD REMAIN ASIAN

28 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 28, Reuter – The Asian Development Bank’s annual meeting opened with a call…

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ADB COMES UNDER FIRE FOR LENDING POLICIES

29 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 29, Reuter – The Asian Development Bank’s lending policies came under fire at…

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TAIWAN CONTINUES PROTEST OVER NAME CHANGE AT ADB MEETING

29 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 29, Reuter – Taiwan delegates to the Asian Development Bank’s annual meeting continued…

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Interview- Mercedes-Benz bullish on India Market

1 December 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Dec 1 (Reuters) – Mercedes-Benz India Ltd is bullish about the Indian car…

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BankAmerica committed to India wholesale banking

10 December 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Dec 10 (Reuters) – BankAmerica Corp will sell its retail banking business in…

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Japanese says Indian bureaucracy very “inflexible” 

24 July 1997 Reuters News English  (c) 1997 Reuters Limited  NEW DELHI, July 24 (Reuters) – Japan is keen on expanding investment in India but…

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INTERVIEW-Philips India not slim enough, says MD

29 June 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 29 (Reuters) – Consumer electronics firm Philips India Ltd has shed nearly…

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BUSINESS NOT TOO WORRIED BY INDIA ELECTION OUTCOME

28 November 1989   Reuters News     English   (c) 1989 Reuters Limited  NEW DELHI, NOV 28, Reuters -Political instability in India may be in prospect after…

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Marxist says one-party rule in India is “finished”

 15 June 1997  Reuters News  English  (c) 1997 Reuters Limited  CALCUTTA, India, June 15 (Reuters) – India is not likely to see a return to…

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INTERVIEW-India’s Tata bets on global market for growth.

9 December 2003 Reuters News English (c) 2003 Reuters Limited BOMBAY, Dec 9 (Reuters) – India’s largest truck and bus maker Tata, riding a dramatic…

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INTERVIEW-Hindalco eyes expansion, acquisitions for growth.

9 December 2003 Reuters News English (c) 2003 Reuters Limited BOMBAY, Dec 9 (Reuters) – Hindalco Industries, a leading Indian maker of non-ferrous metals, aims…

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Sri Lanka’s garment makers want trade, not aid

9 January 2005 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 9 (Reuters) – The only problem Sri Lanka’s intrepid garment makers faced after…

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INTERVIEW-ADB chief not pessimistic over Yamaichi

24 November 1997  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, Nov 24 (Reuters) – The collapse of Yamaichi Securities could signal the end…

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ASIA 2020 – Malthusian meltdown? The odds are even

27 November 1997  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, Nov 27 (Reuters) – “May you be the mother of a hundred sons.”…

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Woollen blankets, used clothing clog Sri Lanka aid pipeline.

8 January 2005 Reuters News English (c) 2005 Reuters Limited   SAMMANTHURAI, Sri Lanka, Jan 8 (Reuters) – Sitting cross-legged on the cramped, bucking floor…

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ANALYSIS-Sri Lanka’s economy does not take tsunami lying down

7 January 2005 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 7 (Reuters) – More than 30,000 Sri Lankans lost their lives when the…

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Growth and the challenge of compensating the losers

INDIA’S ECONOMY is barrelling along at a growth rate of over 9 per cent, savings rates are up, investments are up, more jobs are being…

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India’s Infosys set to launch ADRs

3 December 1997  22:32  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, Dec 3 (Reuters) – Software firm Infosys Technologies Ltd is poised to…

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FOCUS-India parliament leader bullish on democracy

7 December 1997  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, Dec 7 (Reuters) – The speaker of India’s parliament said on Sunday democracy…

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INTERVIEW-India can’t be ignored – A.T. Kearney CEO

8 December 1997  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, Dec 8 (Reuters) – Global investors cannot afford to ignore India, but Indian…

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The Rainmaker

The Mac II, launched on March 2. 1987, cost $5.500 and was the first computer with a colour graphical interface. Three years earlier Apple had…

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India’s Best B-Schools

Spare a thought for Indian business schools’ Class of 2013. These young women and men will be heading out into a world where financial well-being…

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Superhero Dreams

Song sung blue Everybody knows one Song sung blue Every garden grows one If you are of a certain vintage, you will have been moved…

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New Business Families

The day this issue of Business Today went to press, IBM Corporation completed one hundred years. What started as the Computing-Tabulating-Recording Company, manufacturing computing scales,…

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Shine On, You Crazy Diamonds

I remember back in the 1970s, when a new India was just over a quarter of a century old, Geoffrey Moorhouse, in his foreword to…

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Philippine Interest Payments Seen Rising

8 June 1987  Reuters News English  (c) 1987 Reuters Limited  MANILA, June 5 – The Philippines’ interest payments on its foreign debt will increase by…

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Manila Debt Moves Could Disrupt Growth

30 July 1987  Reuters news  (c) 1987 Reuters Limited  MANILA, July 30 – Foreign debt has suddenly become a dirty phrase in Manila, but any…

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Civilians Cheer as Fighting Rages at Manila Military Camp

28 August 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Aug 28, Reuter – Buildings blazed and streets shook in Manila today in the…

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Business Sees Coup Attempt As Warning to Aquino

31 August 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Aug 31 – Manila’s stock markets held steady in the first session after Friday’s…

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Human Rights a Thorny issue in Asia Despite Official Silence

 30 September 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Sept 30, Reuter – Charges of widespread human rights violations in Asia met silence…

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Land Reform, debt action gather pace in Philippine Congress

1 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 1, Reuter – The Philippine Congress on Thursday pushed forward an ambitious program…

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Not Measuring Up

Exactly two years ago we ran a cover story on India’s skills crisis. This was just after Subramanian Ramadorai was named Adviser to the Prime…

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Philippines Senate Bill Proposes Debt Commission

1 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 1 – Members of the Philippine Congress want to set up a commission…

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Turning Turtle

In 1908, when Henry Ford began making his revolutionary Model Ts on an assembly line in Detroit, there were 241 carmakers in the United States.…

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Growing Labour Militancy Adds to Philippines’ woes

2 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 2, Reuter – The number of strikes in the Philippines is down this…

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India’s Best CFOs

Business Today’s team of reporters was putting finishing touches to the BT-YES Bank Best CFO Survey starting on page 57. The 14 men and one…

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Manila’s hot money flows from stocks to dollars

12 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 12 – Short-term speculators have switched their attention from Manila’s once bullish stock markets…

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Philippine PESO Falters as speculators snap up dollars

13 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 13, Reuter – The Philippine peso has been battered over the past month…

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Aquino Faces Uphill Task in Economic Recovery

19 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 19, Reuter – Philippine President Corazon Aquino can expect a volley of anxious…

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Hard Sell

We need to place the AgustaWestland helicopter “kerfuffle” as a former defence minister put it in context. The 12 AW101s were headed for the Indian…

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Philippines Revises debt/equity program

22 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 22 – The Philippine government has made major changes in its debt-to-equity conversion…

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Three Americans and Filipino shot dead near US Base

28 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 28, Reuter – Gunmen shot dead three Americans, including two airmen, and a…

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U.S. Diplomat’s recall marks new low in ties with Philippines

28 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 28, Reuter – The recall of a U.S. military diplomat from the Philippines…

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God of Big Deals

Most of us are lucky if we get fifteen minutes of fame. You can be famous, but not rich. Fame is fleeting, and unless you…

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US Defuses meddling row by pulling out attache from Manila

28 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 28, Reuter – The United States said on Wednesday it was withdrawing a…

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Philippine hit-squad killings signal new communist offensive

29 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 29, Reuter – Philippine Communist guerrillas appear to have launched a major offensive…

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Manila Resolves row over planters products INC’s debt ahead of deadline

30 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 30 – The Philippine government and creditors of a private fertiliser firm have…

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Philippine Customs Chief says no graft, yes to ‘rewards’

 4 November 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Nov 4, Reuter – The new customs chief of the Philippines says he frowns…

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Philippines Worried About Commodity Prices

9 November 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Nov 9 – Any fall in commodity prices resulting from the crash in world…

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Doubts run high as Manila recovery Flattens Out

11 November 1987  Reuters News  English  (c) 1987 Reuters Limited    MANILA, Nov 11 – Near the end of her second year in office, Philippine…

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Philippine Trade Gap Wider Than Earlier Reported

19 November 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Nov 19 – National Statistics Office (NSO) figures show the Philippines’ trade deficit stood…

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Philippine Debt Accord Again in Jeopardy

20 November 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Nov 20 – The Philippines’ restructuring of 13.2 billion dollars of foreign debt has…

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Philippines to Borrow Sugar From Thailand to meet sudden rise in Demand

20 November 1987  Reuters News  English  (c) 1987 Reuters Limited    MANILA, Nov 20 – The Philippines will borrow between 30,000 and 100,000 tonnes of…

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How I Did it

Companies and human beings are surprisingly similar. Over a long period of time we build an intricate geodesic dome of habits, rules. principles, emotions, likes…

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The Best Companies to Work For

It was a bracing week: I started and ended it with conversations with honest men whose cleanliness shone through. Both had had something to do…

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361 Dead as typhoon cuts trail of destruction in Philippines

27 November 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Nov 27, Reuter – Rescue workers battled through floods in the central Philippines on…

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Manila Rates Rise as Pressure Grows on PESO

1 December 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Dec 1 – Short-term interest rates have shot up in the Philippines as the…

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Former Philippine Finance Chief’s Death Believed Suicide

7 December 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Dec 7, Reuter – Former Philippine finance minister Jaime Ongpin was found with a…

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Manila to push ahead with fiscal reforms

11 December 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Dec 11 – The Philippine government intends to boost tax collection, reorder its expenditures,…

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Much rhetoric, few gains in ASEAN Cooperation

13 December 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Dec 13 – South-east Asian leaders gather in Manila this week to try to…

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ASEAN Moves to boost regional economic cooperation

14 December 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Dec 14, Reuter – Spurred by shrinking markets and the spectre of global recession,…

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ASEAN Must gird to meet regional challenges Mahathir Says

14 December 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Dec 14, Reuter – South-East Asia’s non-communist countries must gird to meet challenges posed…

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TAKESHITA Pledges to open markets to ASEAN

15 December 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Dec 15 – Japanese Prime Minister Noboru Takeshita marked his first foreign trip by…

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Best B-Schools

The word “flurry” is used to describe a sudden blast or gust, or a sudden commotion, and it. has been used frequently to label the…

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How Samsung Moved Nokia’s Cheese

Competition is fierce and kicking in India, not least between business magazines. Which is why we love being flies on the wall as we watch…

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The Best Advice I ever Got

When I find myself in times of trouble Mother Mary comes to me speaking words of wisdom, let it be           …

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How TCS Toppled RIL

What a fortnight it has been. We have plumbed new depths in animus and acrimony. Not a day goes by without a shrieking melee, either…

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Pain: A Triple Whammy in 2012 Flat Income, High Prices & Shrinking Wealth

Life’s but a walking shadow, a poor player That struts and frets his hour upon the stage And then is heard no more. It is…

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High Way

India’s Parliament House does not resemble a ziggurat, but it does remind me of the Tower of Babel and how God descended to earth to…

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India’s Coolest Start-Ups

Some things were on a fast track as the heat dragged us into the dog days of June, and some were on a slow track.…

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India’s Best CFOs

I once knew a Chief Financial Officer who took a course in “Interpersonal skills. Asked why he needed to learn to get along better with…

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Budget Deficit

I remember when I was a child eating the only canned peas available then. They were hard, bland and left a metallic taste in my…

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When we invented the weekend newspaper

Hindustan Times on Saturday was launched on June 3 last year. It was a unique product and an unqualified success. Unique, because no other newspaper…

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Arriving in the 21st century

I Experienced my epiphany about consumer media a couple of years ago on a Tokyo subway When I lived in Japan in the mid- 1990s,…

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New Age Guru peps up India story believers

“When you were five years old, you were happy nearly all the time. Somebody had to make you unhappy Now you are 30-plus and have…

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Monsoon Blues

There are times when India looks invincible, bursting with food stocks and blessed with a government that is gungho about its workability. But the rain…

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Trouble Brewing

Gurdeep Singh Chadha – “Ponty” to those who nod at or fear him – is not an easy man to know. Many say the tax…

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INTERVIEW Y.C. Deveshwar

YOGESH CHANDER DEVESHWAR has been with ITC for nearly 43 years. The past 15 years as chairman and chief executive. Having turned ITC into a…

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BANK THE RESERVE

The Reserve Bank Of INDIA (RBI) IS the best-run company in India: transparent, diligent, accountable, and (ostensibly) in­dependent. Its official capital is a paltry Rs…

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