At 87, P.R.S. ‘Biki’ Oberoi faces the most challenging period in his career. One threat comes from a familiar foe: big hotel chains, and the other from an upstart: technology. The hotelier’s response: He was to close one of his most profitable properties for two years to renovate. Will his bold move pay off?

Zarin Daruwala: All the right moves

When Zarin Daruwala was named head of Stanchart India, eyebrows were raised. Was it wise to leave a large bank that was doing well to head a smaller one that was in deep financial trouble?

Vandana Luthra: India’s beauty queen

After an on-again, off-again relationship with the primary market, it appears that Vandana Luthra is finally going to take her company public. Can she let go of the controls and let someone else manage?

Devita Saraf: TV’s consummate salesperson

She wants her TVs to be the Zara of the electronics world, not Gucci or Pantaloon. And she’s going about it in the way she knows best: convincing customers to buy because she is selling.

Naik's successor

L&T’s legendary A.M. Naik finally confirms his successor in an exclusive to Fortune India. But he won’t have the luxury of an easy retirement.

Making Indian Railways green

The mammoth Indian Railways has agreed to meet some ambitious emission and sustainability targets set out at the climate change conference in Paris last year. Railway minister Suresh Prabhu will have to balance these commitments with profitability.

Omega’s boss on how India sees luxury brands

Omega president Stephen Urquhart finishes a 17-year career at the watchmaker.

"U.S.-India ties will survive the regime change."

A former Tata Administrative Services officer and entrepreneur, and the author of a book of poetry, Arun M. Kumar holds a vital portfolio in the Department of Commerce under the Obama administration. As the Obama years wind down, Kumar says India will continue to be a priority for U.S. trade policy—no matter which way the American voters swing in the coming polls.

What you learn in space

Anousheh Ansari, the first female space tourist, is using the experience to hack an unlikely challenge: helping technophobes in Rajasthan cross the digital divide.