7 Ways to Grow a Service-Based Business

February 8, 2019

Service-based businesses have their own ways of operating, and therefore their own unique methods for growth and development. Entrepreneurs who run service companies need to understand these methods in order to succeed; however, since every business is different, it can be difficult to determine which method will work best for a certain type of company. To find out which approach works best, we asked members of YEC Next the following question:…


We need to learn from the consumer product industry for next phase of growth in IT: Rajesh Gopinathan, TCS

November 12, 2018

Tata Consultancy Services spent two years focused on getting back to double-digit growth, facing down critics who said its strategy was too conservative. With double-digit growth assured in FY19, and momentum set up for FY20, TCS CEO Rajesh Gopinathan told ET’s Jochelle Mendonca & Raghu Krishnan that to be successful at the time of rapid technological change, the IT industry needs to learn from the consumer staple sector. Edited excerpts:With…


The tweak that got netas talking about GDP

September 12, 2018

Earlier this week, this newspaper made an interesting comparison of GDP growth under various prime ministers of India. This came after the National Statistics Commission revised the methodology for calculating GDP, which in turn led to upward revisions of GDP growth rates under past UPA rule.And then something surprising happened. Perhaps for the first time in modern India, where cows can lead headlines, GDP growth also became an intense political…


Kerala’s favourite asset may turn its saviour

August 27, 2018

MUMBAI: Calamity-stricken residents of Kerala could end up pledging,or selling,their gold ornaments to re-build their homes or meet exigencies arising from the worst floods in a hundred years. Muthoot Finance and Manappuram Finance, whose core business is lending against gold, and local jewellers from the state could see a rush of customers in the coming weeks, said trade sources.“As rain waters recede and the affectedtakestockof their losses, it’s probable that…


Why KM Birla is worried about India’s ‘positive’ growth

July 23, 2018

Industrialist Kumar Mangalam Birla today warned of near-term headwinds for the economy saying the rising oil prices, spiralling inflation, firming bond yields and a widening current account deficit are areas of concern. The present positive outlook gets a bit dimmed when one views the increasing trade protectionism, rising crude prices, geo-political risks and the uncertainty about tightening monetary policies in the advanced economies, Birla told the shareholders at the annual…