Third, as the crisis ebbs, corporates will have to gear up for the ‘next normal’ with some trends moderating, some remaining at an elevated level, certain segments witnessing recovery, whilst new opportunities and industry dynamics get constantly redefined,” he added. … [Read more...] about ITC AGM: 40 new products launched in COVID-19 pandemic, gearing up for ‘next normal’: Chairman Sanjiv Puri
New management services
In the second term, the Modi government had introduced the lateral entry of domain experts, while also forcing retirements of those bureaucrats facing charges of corruption, sexual harassment and fraud, causing a churn within the civil services establishment, according to reports. … [Read more...] about What is Mission Karmayogi, government’s new programme for an ‘ideal’ civil servant?
The World Economic Forum is working on a comprehensive business scorecard, or “metrics for sustainable value creation.” This includes metrics for the impact on categories they’ve broken out as Planet, People, Prosperity, and Governance Principles. While still framed as a discussion document, it holds some promise that the need to define success more broadly is seeping into the mainstream system. With 75% of American asset managers now offering sustainable investing strategies, the pressure on companies to adopt better environmental, social and governance reporting is increasing. Even titans of the old world, like McKinsey, are advocating this shift: “Purpose-driven brands achieve more than twice the brand-value growth of brands that focus purely on profit generation, and purpose clarity is directly correlated with financial performance.” … [Read more...] about Our definition of ‘success’ is holding business back—it’s time for a new one
The airline, which started operations in India in 2005, will start a daily service between New Delhi and Chicago in December. This will be followed by a daily between Bengaluru and San Francisco in Spring 2021, or sometime between March 20 and June 20, 2021. … [Read more...] about United Airlines to connect Delhi-Chicago, Bengaluru-San Francisco with new flights
A) Right, so there is the rebalance happening and money is flowing towards a new and more innovative kind of company. But, the problem in India is, these companies pretty much always go to the private equity side to raise capital and they don’t come into the stock markets fox example companies like Flipkart, Ola, or a Swiggy. … [Read more...] about This top Fund Manager turns cautious, hedges almost 80% of the portfolio