This is the second year in a row that the luxury car market is struggling with demand generation. In 2019, one of the worst years for luxury car sales in India, the combined volumes of five players — Mercedes-Benz, BMW, Jaguar Land Rover, Audi and Volvo — fell to 35,274 units. This was a decline of 13 percent from the 40,340 units clocked in 2018. … [Read more...] about Luxury car sales are in free fall… But exotic ones are still in demand
Jaguar land rover
“This is my fourth innings, and it should be the final legacy I hope to create,” he told me one day about in 2011. Clearly, with the public listing of Happiest Minds, he has cemented his legacy as one of the finest founders India has ever had; defied the ageist notion that entrepreneurship is a pursuit for young risk-takers and that nice guys finish last. … [Read more...] about Happiest Minds: An IPO that flew under the radar in startup land
Lt Gen AK Singh (retd), Distinguished Fellow with Centre of Land Warfare Studies (CLAWS) and R Chandrashekhar, erstwhile member of the Armed Forces Headquarters Civil Service in their well-presented joint article, have put forth the view that “The simultaneous creation of a Department of Military Affairs as a separate vertical within the Ministry of Defence with the CDS as its ex-officio Secretary are each and together tectonic shifts that have moved the balance in civil-military relations to a new normal. It has also disruptively altered the entire edifice of the structure of decision making relating to matters of military.” Clearly, the test of such thrust and parry may come sooner than expected. … [Read more...] about India-China border clashes: How the post of CDS has impacted the chain of command in Indian military
The issue of judges being influenced by potential post-retirement career prospects also came up in the Constituent Assembly Debates (June 7, 1949). Professor KT Shah, Rajendra Prasad’s rival in the first Presidential Election of Independent India, moved an amendment to introduce a new Article (Article 193-A) in the Constitution calling for a complete prohibition on judges accepting government jobs post-retirement. The logic for the amendment, Shah believed, is "so simple and the principle underlying it is so clear that there could be no difference of opinion unless you desire your judiciary to be subservient or in any way influenced by the executive". … [Read more...] about Former CJI Gogoi’s Rajya Sabha nomination is not the first and won’t be the last
The National Demoratic Alliance (NDA) in Bihar may be in for a surprise ahead of state polls as one of its allies, the Lok Janshakti Party (LJP), might well queer the pitch. As the Chirag Paswan-led party goes into a huddle to decide its future course of action within the NDA, reports suggest a possibility that LJP might stage a repeat of its 2005 strategy. … [Read more...] about Why are NDA allies JD(U)-LJP engaged in tussle ahead of Bihar polls?