Slowing growth and volatile earnings are pushing India Inc. to diversify aggressively-even as weak R&D spending raises concerns about long-term competitiveness
While horizontal expansion fuels growth and domestic dominance, these capital-intensive ventures often lack immediate returns, risking resource dilution and a loss of global strategic focus
Companies with higher FSI ranking have stronger balance sheets, better profit to cashflow conversion, high return on capital, and also reward their shareholders with generous equity dividends
Companies increasingly prefer to make India their base, driven by strong liquidity, a booming digital economy and global investor interest in the country
Companies are struggling to improve revenue and profit even as there's no macroeconomic crisis. Sectors as varied as consumer goods and cement are affected
'Ethnic wear, women's bags and fine fragrances are categories which I see contributing much more significantly to customer share and revenue share in the next five years'
He is among those who laid the foundation of India's information technology services industry, and seeded several path-breaking initiatives for Digital India