BUSINESS TODAY

AUGUST 31, 2003

Cover Story

Editorial

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	How Free Is India Inc.? The economy's transition to an open market is underway, but far from done. Here's a 'Freedom Index' to measure progress. Plus, a hard look at the freedom of 10 key sectors.

OVERVIEW
Freedom Enterprise

The 90s did not just unfetter industry. They also pulled all stops on the power and aspirations of a billion people.
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	Freedom From Geography Technological progress and economic change have been turning geography—that uncompromising definer of human destinies down the ages—into history. Here's how. more...		Freedom From Genes The business of making people beautiful booms as Indians increasingly queue up at salons, gyms, and the cosmetic surgeon's. more...




	Freedom From Limited Means Credit, the very word, had an ominous ring to it once, but the retail finance market has freed Indians to pursue lives and dreams beyond the restraints of yesterday's money. more...		Freedom To Chill Indian employees, finally, are earning enough to cast off the chains of their dreary routinised lives, and go do the things they feel actually fulfill them as free beings. more...




	Freedom Of Choice Without choice, freedom is quite meaningless—which is why the explosion of consumption choices is so important as a liberating factor. And in choice itself lies consumer value. more...		Freedom To Start-Up Afresh Among the many wonders of a high- opportunity economy is the fact that no matter what you're doing, you can chuck it all and start all over—as an entrepreneur. more...




	Freedom From Licensing Of all the spirit killers, none was worse than having to take government sanction before starting up. The freedom granted by the end of the Licence Raj is no small freedom. more...		Freedom To Serve If a freer economic environment has spelt an unexpected boom, it is in the services industry. Never before have so many jobs been created in a sector long ignored. more...




	from India
	from outside India








Q&A: Jagdish Sheth Given the quickening 'half-life' of knowledge, is Jagdish Sheth's 'Rule Of Three' still as relevant today as it was when he first enunciated it? Have it straight from the Charles H. Kellstadt Professor of Marketing at the Goizueta Business School of Emory University, USA. Plus, his views on competition, and lots more. More Web Exclusives More Net Specials


Q&A: Arun K. Maheshwari Arun Maheshwari, Managing Director and CEO of CSC India, the domestic subsidiary of the $11.3-billion Computer Sciences Corporation, wonders if India can ever become a software product powerhouse, given its lack of specific domain knowledge. The way out? Acquire foreign companies that do have it.






	Freedom From State Ownership So long as the government continues to run businesses in the name of vague ideals, the Indian economy will never be efficient. Leave business to business. Privatise the PSUs. more...		Midnight's Children Ten ordinary 56-year olds who have seen it all speak of how their lives have changed for the better in the 12 years since India decided to go market-friendly. more...




	Let's Drive Growth Ourselves By Anand Mahindra The Future Of Hardware By Azim Premji The Power Of Innovation By K.M. Shaw People, Priorities, And Potential By Mukesh Ambani Keeping Promises, Topping Challenges By MBA Student, IIM Ahmedabad Leadership Secrets By Vijay Anand		People Siddharth Verma's foreign stint; Vikram Thapar's food venture; Bala Balachandran's B-school initiative; Naveen & Shallu Jindal's flag fluttering; Hans Michael-Huber's new offering and Samir Arora's thwarted plans. more...





	The Business Of Poison The recent spate of reports on pesticides in cola, urea in milk, and lead in cosmetics actually bodes well for consumers and business, at least certain types of it. more... Self Worth Indian venture capitalism's poster-boy Raj Kondur emerges from a hiatus to launch a "different" BPO. more... Maha Mumbai Or Bust The Maha Mumbai Special Economic Zone is India's most audacious Shenzen-cloning experiment. more... Assigned Risk Insurance's poaching war has just inflicted its first big damage. more...		Brand Dissonance 'Have we failed in building Brand India?' Yes, griped Alyque Padamsee. No, retorted N.K. Singh. And sound bullets flew in Delhi. more... Price Perplexity 'Can Indian consumers be wooed by pricing alone?' Yes, insisted Rajeev Karwal. No, responded C.K. Ranganathan. Again, sparks flew, in Chennai. more...


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