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Money Chases Real Estate
With the hybrid working model becoming the norm, demand for bigger homes, and the choice of a second house in the suburbs are leading the sector’s revival.
Ministries Deliver Mixed Bag On Capex
A ₹5.54-lakh-crore booster shot for capital expenditure to kick-start the economic cycle has had a mixed effect. While some ministries have met targets, others have been extreme laggards. Is Centre's capex strategy working?
Managing Wealth: Look Ahead, Look Wide
CY21 set a record of sorts with almost all asset classes delivering robust returns. The long-term case for investing remains strong for 2022 as well, concerns around valuation notwithstanding.
Nykaa's Dares And Distractions
Its dazzling debut in the stock market has taken corporate India by storm. Will beauty and fashion unicorn Nykaa be able to sustain its fairy tale success story?
Better Days Ahead For Job Seekers
With the world going digital, there is a boom in demand for trained IT professionals and gig workers.
India's Consumption Riddle
Rural consumption in Q2 FY22 remained muted, while urban India saw robust increase. But it’s not time to take the wind out of sails yet.
Digital Pushes IT Topline
As the pandemic pushed the world to go digital, Indian IT service companies saw a spate of orders despite talent crunch.
Capex Takes Off
A lean, deleveraged private sector is looking for expansion, putting investments back on track.
India Inc. Sweeps Profits Amid Revenue Decline
Fortune 500 companies deliver their highest-ever profit growth of 75%, while revenues fall year-on-year for the first time since the beginning of India listing in 2010.
Fuel mix: The Metamorphosis of Oil Marketers
Oil marketing companies are gearing up for a transition to non-fossil fuels by transforming into green energy companies selling biofuels and high-value chemicals.
RIL's Consumer Bet
Mukesh Ambani has expanded the Reliance empire by betting big on telecom and retail.
The Conversation ANISH SHAH
Anish Shah, MD & CEO, Mahindra & Mahindra (M&M), took charge of the group from Pawan Goenka at a time the economy was under a lockdown. Shah, the first professional CEO to have complete oversight of the group in its 75-year history, says M&M aims to dominate the SUV segment again and will not hesitate to pull away from businesses that don’t make financial sense.
A Boardroom Win For Women
Regulations have ensured board seats for women, but that’s a battle just half won
Nirmala Sitharaman - Why India Will Be Among The Fastest Growing Economies?
The big challenge for Finance Minister Nirmala Sitharaman, whose first full-year budget (Feb 1, 2020) coincided with the onset of coronavirus in India, was negotiating the macroeconomic crisis that followed. Now, as the threat seems to abate, multiple green shoots of revival are visible. In an exclusive interaction with Fortune India, Sitharaman explains how the government handled the pandemic, how daily monitoring of credit guarantee schemes helped disbursals, and why she believes that India will be among the fastest growing economies in the years ahead.
Indian Pharma's US Play
Home-grown smaller players are giving biggies a run for their money in the US generics market.
‘Getting Stuff Done' at Zoom
Former corporate attorney-turnedinvestment banker, and now the first COO of Zoom, Aparna Bawa is riding the wave of video communications during the pandemic.
Heiress on Duty at RIL
Isha Ambani, the daughter of India’s richest man Mukesh Ambani, is carving out a place for herself within Reliance Industries Ltd.
The Intrepid Firefighter
Nirmala Sitharaman has steered the country’s economy through one of its most trying times ever, having a far-reaching impact on lives and livelihoods.
India Inc's Unconscious Bias
Women in leadership roles are far and few. Is India Inc. doing enough to groom them to be leaders?
How we Did it
Fortune India’s coveted Most Powerful Women In Business is not just the only ‘ranking’ among a host of ‘listings’, it is also a finely curated annual exercise that takes nearly three months to complete.
DRDO's Missile Woman
The first woman in the country to head a missile project, Tessy Thomas has contributed in various areas, including guidance, control, inertial navigation, trajectory simulation and design, in 33 years with Agni missiles.
“I Didn't Raise Money For The First 7 Years. Raising Money Is A Light And Sound Show”
“Investors see who you are, your team. It’s like selling a dream. They don’t give money to your business, they give you the money because you are an incredible guy and have a great team.”
“KEPT GROWING THE CORE BUSINESS”
“Always focus on core elements such as users, engagement, technology and monetisation. Let the metrics and outcomes speak for themselves, recognition and valuation will follow.”
“Tracked Every Feedback From Users All Over The World”
“We were obsessive about product reviews and user requests. We had in-depth conversations with developers as often as possible. We also relied on quantitative methods to build our business model.”
“Idea Of Cash On Delivery Was A Major Innovation”
“CoD opened up a larger customer base for us than before. Another defining moment was getting the SEO right — we were getting customers for free, but our cost of marketing was zero!”
“Failed A Few Times, But Learnt From Them, Still Took Risks” “
If you are in a disruptive industry, businesses don’t scale in a linear way. There comes a moment when you have the right product at the right price point with the right value proposition for enough customers. At that point it will just explode.”
“Did Not Remote-Control The Business”
“Marketing technology varies with countries. In the U.S students read the brochure and there is very little interaction with the programme advisor. In India, if we don’t speak to students, they don’t enroll. Latin America is predominantly on Whatsapp; the U.S. uses FB Messenger widely.”
“Built A Massive Network Among Retailers”
“The quality of your product will always be the best indicator of the company. What we do on the technology side and the product side is good, so what you need on the sales side is only distribution. As long as the quality is great, the product will sell easily.”
“Designed Products Not For Fortune 500, But Fortune 5 million”
“Customers love our products because they are for the service engineer, the IT or sales person. People who use the software help us get better. We have 52,000 customers in over 120 countries.”
“Always Let People Do Their Job”
“It’s hard to let go when you are still young. We managed to do really well in hiring the first core team, and that is the most critical part of our story.”