(This article was published in the Souvenir released on the occasion of the 40th Regional Conference of Company Secretaries, held in Bangalore on June 19-20, 2015) Do Benefits justify the Cost of Standard Setting? For the first time the world saw two unique business innovation introduced in India by the Companies Act, 2013. Mandating Corporate [...]
‘Two is company’, a popular saying is no longer appropriate, after the enactment of the Companies Act, 2013, at least in the business world. With the introduction of One Person Companies (OPCs) any one individual can, on their own, form a company. In a short period of one year, 1400 OPCs have been incorporated [...]
Movies and companies have a huge influence on our lives today. While movies impact the popular choice of attire, language and behaviour, in the case of companies their influence is equally strong but only subtle. Not just for impact, but even in their workings common threads can be found. Producers, financiers, directors, actors, editors [...]
There is hardly anyone in the urban world who does not deal with a company today. While most of us use products and services produced and/or distributed by companies, a few are also employed by them. While this knowledge is optional for an urban citizen, to the corporate executives and professionals, it can [...]
Budget 2015: Is there enough to turn vision into reality? By Shankar Jaganathan While smokeless cigarettes, de-caffeinated coffee and non-alcoholic beer may have takers, the question remains whether Union Budgets without taxes would generate the same excitement that it does today. Hearing the shrill debates on TV channels, it is very clear that [...]
Need for Compliance Sitting in the backseat of a cab my friend and I looked on shocked as our driver ran through a series of red lights. As my friend asked him to stop at the next red light, the driver wisely remarked, ‘At 11 in the night, stopping at red light is [...]
Business come in varying sizes. Visualizing this range is helpful in appreciating what is a good business. As visualizations go the colourful world of birds is a good place to start; for birds like business have more in common than their first letter-B. The size of birds range from bee hummingbird weighing 1.6 [...]
What do great batsmen like Sachin Tendulkar, Brain Lara and Ricky Pointing have in common with successful football teams like Bayer Munich, Real Madrid and Manchester United? Think again, what is common between successful businesses and these sporting greats? All of them combine attractive attacking play with a dogged defence. To achieve sustained [...]
Governments asking big firms to spend money on social causes is an idea that needs to be carefully debated India is probably the first country in the world to mandate Corporate Social Responsibility (CSR) spending by large companies. Firms with revenue of Rs.1,000 crore, or net worth above Rs.500 crore, or profits above [...]
As the country eagerly awaits the new government’s maiden budget, Shankar Jaganathan evokes the realities of the Indian economy to provide a reference framework within which to judge the Jaitley budget. New beginnings are always exciting to look forward to for they have the potential to chart unexplored territories. New beginnings with high expectations [...]
