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In past 12 years prominent retail consultants have painted a misleading picture about retail sector in India and have wrongly advised their clients to take a dip in organised retail in India and many retail chains have suffered huge losses as a result. While worked as an entrepreneur in India, still I don’t think organised retail … Read more
May 2013: Goldman Sachs remains quite bullish on India for years now started getting a reality check and finding it difficult to do business in the world’s second-fastest-growing economy. BRIC the acronym was coined by Goldman Sachs economist Jim O’Neill in a 2001 paper entitled “Building Better Global Economic BRICs”. Goldman Sachs argues that the … Read more
Think for a moment how many times you negotiate with somebody in one day or within a month in the UK or in any western country? I hardly remember needing to negotiate at anytime during the last 6 years of my stay in London, except while dealing with estate agents. Now guess how many times … Read more
Since last 10 years a lot has been written in the press around the world about the shining India, however, reality is that even now in 2014 Indian IT service market offer very limited opportunity for the western companies. If revenue figures of the top Indian IT companies are to be trusted then the reality … Read more
India will be facing food shortage in the coming years. It will become extremely difficult for India to sustain around 17% of world population (and still rising) on 2.4% of the world’s land area. Agricultural in India is not a profitable sector and peasants are either shifting their profession from being a farmer or committing suicide. … Read more
India offers many opportunities for those who are brave enough to take risk and smart enough to avoid the pitfalls. One of the greatest pitfall while doing business is India is the widespread corruption. None other than the business icon of India, Ratan Tata, chairman of the $67.4 billion conglomerate, voice his frustration, stating that … Read more
Many say sex sells, and that saying seems to be true at least in the case of domain name of Sex.com, which was recently sold for cool $13 million. The domain was put up for auction in July 2010 and was bought by Clover Holdings, a company registered on the Caribbean island of St Vincent, … Read more