India's business journey: FY18 was a defining year for India Inc

Even as the telecom slugfest played out, N Chandrasekaran completed one year as the new chairman of the $100-billion Tata group

Beyond the hoopla on buoyant markets, the big bank scam at Punjab National Bank, the roll-out of the goods and services tax (GST), leadership changes at two of the country’s respected companies , Infosys and the Tata group, the bloodbath in the telecom sector, and some known companies going belly-up, the last financial year saw such big-ticket events that set the directional tone for the country’s business journey. 

Having launched in 2016, and established its strategy of free voice services to ratchet up market share Reliance Jio Infocomm, the 800-pound gorilla in the telecom room saw the past year grow