NOV. 24, 2002
 Cover Story
 Editorial
 Features
 Trends
 At Work
 Personal Finance
 Managing
 Case Game
 Back of the Book
 Columns
 Careers
 People

Two Slab
Income Tax

The Kelkar panel, constituted to reform India's direct taxes, has reopened the tax debate-and at the individual level as well. Should we simplify the thicket of codifications that pass as tax laws? And why should tax calculations be so complicated as to necessitate tax lawyers? Should we move to a two-slab system? A report.


Dying Differentiation
This festive season has seen discount upon discount. Prices that seemed too low to go any lower have fallen further. Brands that prided themselves in price consistency (among the consistent values that constitute a brand) have abandoned their resistance. Whatever happened to good old brand differentiation?

More Net Specials
Business Today,  NovOctober 13, 2002
 
 
Desi At Heart
KARAN BILIMORIA: Cashing in on India

Karan Bilimoria wears India on his sleeves. At 41, this NRI has been able to give Britons a taste of India. He may have started out as a chartered accountant with Ernst & Young in London with a tripos in law from Cambridge U, but the Englishmen know him today as the man who gave them Indian beer-he founded Cobra Beer in 1989, and last fortnight launched it in Delhi too. A polo stick exporter at 26, Bilimoria says he wanted to create the perfect beer that went down with Indian food. ''We make beer for the curryholics,'' he says. Apart from Cobra, his brewery at Bedford also brews Japanese and Jamaican beers. In 1999, this die-hard Rolling Stones fan also launched General Bilimoria wines-for the Indian platter. The wine and beer that the Hyderabad-born Bilimoria makes must be really good. They've opened doors for him all over England. He's the Deputy Lieutenant of Greater London, a member of the Bank of England, a member of the Government National Employment Panel, and much more.

Hello, Shanghai

JERRY RAO: On a roll

Two must be Jerry Rao's lucky number. In 1998, the ex-Citibanker turned entrepreneur, set up a software company Mphasis. Two years later, he merged it with BFL to create the Rs 187 crore Mphasis BFL. And two years on, he's announced the acquisition of a company in China, called Navion Software Development. The Shanghai-based firm has Capital One, a large credit card company, as one of its customers. Apparently, the acquisition will allow Mphasis BFL to penetrate China and the Far East. Rao is said to have more aces up his sleeve. May be we'll see them two years on.

SHIV KHERA: New doggedness

Action Hero

The courts are going to hate him. One-time odd-job man and now full-time motivator, Shiv Khera, has launched Country First to provide ''freedom (to the people of India) through education and justice''. And he is wasting no time. Country First has filed a PIL in the Supreme Court for election reforms. Next on his agenda: criminal justice reforms and youth education awareness. Bravo, Shiv.

MUKESH (R) AND ANIL AMBANI: So far, so good

Striking It Rich

It's been an eventful second half for the Ambani brothers. First, their flagship Reliance Industries became the first company in the private sector to rack up profits in excess of Rs 1,000 crore in one quarter. Then, the company struck a huge gas reserve-said to be some 40 times bigger than Bombay High-in the Krishna-Godavari basin. And now, they are all set to roll out their grand telecom services, beginning December 28, which, not incidentally, is the birthday of the late Dhirubhai Ambani (a soft launch happened in Mumbai in the last week of October). And, oh, October 31, was also the first time when Mukesh Ambani addressed RIL's shareholders as Chairman. Next year may be relatively easy on big news, but that'll also be the year when their report card on gas and telecom comes in.

NIRU MEHTA: Evangelical

Management 101

That's how Niru Mehta describes a new crusade he has launched. It's called Customer Responsiveness. Don't yawn. Because this 46-year-old Vice Chairman of Tata Telecom and Managing Director of Avaya India thinks it can transform organisations. Mehta, a computer engineer from New York's Rensellar Polytechnic, should know. He's done just that at Tata Telecom-transforming it from an EPABX manufacturer to a turnkey solutions provider. Now, he wants to help other CEOs put their customers centrestage. Therefore, over the last eight months, Mehta has sent out letters to 1,500 CEOs to join his forum, whose first meeting in Delhi fetched an audience of 60. ''Any movement starts small,'' says Mehta in defense. Let's hope that's not a reflection of what CEO India thinks of its customers.

SRINI SRINIVASAN: A new avatar

Moving Up

Five years ago, Chandra 'Srini' Srinivasan returned to India to set up consulting major A.T. Kearney's operations. With parent EDS now planning to step up operations in the country, who do you think it is turning to? Srini, of course. Not only has the management grad from Eastern New Mexico University being elevated as Chairman of A.T. Kearney India, but he's also been made the "brand ambassador" for EDS. What that means is this: if anyone in the EDS family wants to know more about how to exploit opportunities in India, it's the man in the trademark suspenders that they go to. For his part, the teetotaller is already rolling up his sleeves. He has roped in Ravi Kushan from A.T. Kearney's Asia-Pacific operations as the Managing Director of India. Expect to hear more of Srini in the days to come.

 

    HOME | EDITORIAL | COVER STORY | FEATURES | TRENDS | AT WORK | PERSONAL FINANCE
MANAGING | CASE GAME | BOOKS | COLUMN | JOBS TODAY | PEOPLE


 
   

Partners: BESTEMPLOYERSINDIA

INDIA TODAY | INDIA TODAY PLUS | SMART INC
ARCHIVESCARE TODAY | MUSIC TODAY | ART TODAY | SYNDICATIONS TODAY