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.
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.
The bells and whistles will, of course, come with the tag. But there’s no getting away from the basics: Know the engineering and know the client.
Reliance’s refining and petrochem businesses are on a roll, but Jio, its much-anticipated 4G mobile service, has been beset with doubts. Can Ambani secure it—and his own reputation as the torchbearer of his father’s legacy?
For unlisted firms, raising debt can be a simpler way to get off the blocks than selling equity. But for debt funding to grow, banks need to loosen their purse strings.
India’s first bottled craft beer has impressed the desi drinker. It is now turning to the world’s craft beer capital for some extra fizz.
Big Business is moving on from focussing on institution building to ensuring grassroots outcomes.