Fortune India - August 2018
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August 2018 issue Digital Access. - Magazine Details
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In this issue
THE FUTURE OF BUSINESS: We broke up the cover theme, into three parts. In the first part, we decided to take a close look at how Indian business groups—are future-proofing themselves against the background of what happened at one of the world’s most-admired conglomerates, General Electric, which saw a dramatic meltdown recently. Are there Indian versions of the GE collapse waiting to happen? Are Indian business groups strong and structurally sound enough to withstand the vagaries of competition and the risks of diversification? Or is there a need to reinvent the conglomerates model which many feel is broken? Second important trend we discuss in the context of the future is the way Indian business families are choosing to deploy their surplus wealth. Family offices are emerging as a major tool by which India’s uber rich are attempting to increase their wealth. Many prominent business families have now set up robust family offices, with the next generation managing them, and are co-investing either with other family offices or even with angel investors who guide them on attractive investment options in the startup ecosystem. Many family offices are even open to the idea of taking over entire companies and running them. But the new-look family offices are much more than mere investors for families. They do a plethora of other things and are emerging as a key element of the Indian business landscape. The third, and equally important, element in the discussion on the future of Indian business relates to whether India can emerge as the next big innovation hub. From clean fuel to artificial intelligence, from Royal Dutch Shell to Microsoft, India is becoming the chosen laboratory for a number of innovations which can power businesses in the future. Other interesting read is story on how Indian VFX is coming of age, with companies like Prime Focus and actor Shah Rukh Khan’s redchillies.vfx emerging as important Indian names in the global entertainment space.
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Breaking New Ground In Supporting Scientific Research
A unique narrative in entrepreneurship was unveiled when Dr Nagma Abbasi, a renowned scientist and business woman, founded Next Gen Life Sciences Private Ltd in 2014 to help shape the trends in the field of life sciences.
OPPORTUNITIES DON'T COME GIFT-WRAPPED
I look to operationalize the strategy and approach to business. from a creative point of view by driving operational excellence at all layers, be it spanning from design to implementing operational rhythm, managing the bottom line, establishing policies that promote company culture and vision
A New Wind Beneath Her Wings
Vrushali threw all her energies into setting up a pure vegetation fine dining restaurant, The Sky Kitchen, with its roof top setting at Sinhagad Road, Pune. Designed by her the 8000 sqft fine dine restaurant features a banquet hall, an indoor section with huge glass walls that serves up unparalled views of the scenic of Mutha River at one end and lush verdant vistas from the other. Three open-to-sky sections offer inspirational star-gazing opportunities.
A Holistic Strategy for Skin Therapies
DR. GEETIKA MITTAL GUPTA FOUNDER-DIRECTOR, ISAAC LUXE
Harshita Jain: Leading by Example
“ I don’t find anything challenging because I do everything with full conviction and passion, and it’s my rigorous determination and perseverance that leads me to success every time.”
Rising to the Challenges of a New Work Space
Healthcare is a dynamic sector, there are always new challenges that we face; to keep evolving ourselves to make sure that we provide the best healthcare to our patients.
Nehha Kandhari's: Healing Canvases
No longer is entrepreneurship a daunting arena to be navigated by tentative moves by ambitious women.
Suits: The Ruchi Khatlawala Pandya Episode
Apparently, sky is the limit for a person who has structured her life on the principle, "be who you are, and go after what you desire, question the wrong, and stand up for your right". Ruchi Khatlawala Pandya, born into a family that lives law, is busy setting a new paradigm for women in the legal profession.
Nisha Kaur Uberoi: Leading by Cast-Iron Resolve
Gender is no bar as we have discovered amongst the increasing tribe of women legal eagles who fill and lead corporate battles. "The glass ceiling, wherever it exists, should be treated as an opportunity to break through. Be your unapologetic self, stay focused and live your truth. Everything else will fall into place." is Nisha Kaur's advice to rookie lawyers who will tread the exciting path she chose to create.
Education as a Channel of Societal Change
Dr. Mariazeena Johnson: Chancellor, Sathyabama Institute of Science and Technology
