Starbucks has been around since 1970 and last month it made its debut in India by opening three stores in Mumbai. In response, Cafe Coffee Day, the domestic player put out an advertisement on TV for the first time in 16 years. Online reputation is now a big business in the West and down south, a startup village takes shape in Kochi.
The French government has made the classic mistake. Of interfering in business. Lakshmi Mittal is miffed as he has been asked not to shut down two of his loss making blast furnaces in Florange unless he wants to see all his French outfits getting nationalised. Greece gets another bail out package and in Australia, cigarette packaging will no longer carry any glamorous images or colours. Just plain packaging.
BCCI has been quite the negotiator. It got Pepsi to pay twice as what DLF had paid in the previous edition of the IPL. This comes at a time when the popularity of IPL is possibly at its lowest according to many surveys. Amidst all the talks of recession, in October, Porsche sold a record number of vehicles in India. Also, according to a recent World Bank report, India receives more money through repatriation than any other. And typewriters are called off the shelves in UK.
The Euro Zone goes under all over again. The latest numbers suggest that all seventeen countries of the Euro have posted two consecutive quarters of negative growth. And when that happens, the economy is said to be under recession. The US, which is known to come up with fancy phrases to describe their economic plights, have done it again. This time the popular phrase is the fiscal cliff. Back home in India, Raymond, the apparel maker will soon launch its own brand of beer shampoo.
For the last two years we have been reading a lot about the Euro crisis. Some might complain that we have had a bit of an overdose of it. So we at Indicast thought that we should send one of our guys to tour Europe and find out how exactly is the day in the life of an average European in countries like Germany, France, Austria, etc. Akhilesh, our co-host at BiziNation volunteered to do the trip and sponsored it himself if we might add. In this podcast, he brings us his on ground experience of hi...
Ten years ago, on this day, two planes scorched the twin towers. More than 3000 people were killed and the world economy was impaired. In this podcast, we talk about where we stand today in the wake of bigger crises that the bankers have brought upon us. Continuing on the subject, Indian business and tourism has suffered gravely due to the series of bomb blasts. In other news, Yahoo CEO, Carol Bartz has been sacked rather unceremoniously. Closer home, Archies, a company known for selling gifts a...
Forbes has dubbed Groupon as the fastest growing company in the world. In this podcast, we talk about the Groupon anxiety and how has Ritika learned to deal with it in Australia where she takes us through her experience of using different Groupon like services. In other news, Maruti employees went on strike which lasted until the time we recorded this podcast. And a Gujarathi businessman in UK buys himself a flying car.
Lately, Africa has seen a spate of investments from Indian private companies and Dr. Manmohan Singhs visit to the continent a few weeks back only adds to the growing importance of being present in an economy which is growing at 6 per cent per annum. In this podcast, we talk about all the Indian companies which have set up businesses in Africa in the past year. Back home, Hero launches its first dirt bike after splitting with Honda motors and Naomi Campbell is not too happy with Cadbury.
OECD ranked Australia as the happiest industrialised nation in the world. The Indian middle class, on the contrary is facing troubled times as the government considers increasing prices of diesel, kerosene and LPG a couple of weeks after pushing petrol prices. In the midst of this, Angela Merkel, the German Chancellor visits India. In the world of IPOs, LinkedIn has a blockbuster start but we also talk about how the investment banks made more money in the deal than investors and Samsonite, the l...
Dominique Strauss Kahn preferred to gamble with his position by allegedly sexually assaulting a chambermaid from a Manhattan hotel. He lost his hand, rather literally and with it out went his chances to France's president in the next term. In this podcast, we talk about what this means for IMF and the European nations who are trying to flap their hands and legs in the middle of the oceanic debt that stares at them. At Citibank, Vikram Pandit gets a retention bonus totaling to more than 10 millio...
When Microsoft makes its biggest purchase in its history, everyone loves to talk about it. Skype got acquired for more than 8 billion USD. In this podcast, we talk about this and other related tech stories such as the LinkedIn Initial Public Offering (IPO) scheduled on May 19th. Reid Hoffman, the 43 year old should be happy considering that his company will be the first social network from America to be listed on the New York Stock Exchange. In other news, Facebook was caught planting negative s...
Normal is boring. That is the tenet that India seems to be working on in the wake of the biggest petrol price hike of all time. A record 32 per cent year on year and 8 per cent overnight increase has caused some discontent among the middle class. Akhilesh joins us in this episode and we talk about the hike and more. A Rs. 3000 crore subsidy package is being made ready for BSNL and MTNL with the hope of pulling them back into profits. Royal Enfield, the bike company which has a cult following in ...
K V Kamath has been appointed as the Chairman of Infosys Inc while Mohandas Pai, the HR director of Infy quits. In this podcast, we also cover a bit about the business impact of the royal wedding. In other news, Air India has multiplied its self inflicted problems with more than 1000 pilots going on strike. This episode is unexpectedly all over the place. Hope you like it nevertheless. Ritika is back in this one.
India may soon have cardless banking if Nandan Nilekani and his team working on the Unique Identification Number can complete the project in time. After the initial testing among a sample size of 58,000 people, the project looks like it's in the right direction. In this podcast, we talk about this new way of exchanging cash from the technology as well as the consumer perspective. With an influx of 3G ads on television, we cover a few ads which have been successful in breaking the clutter, if onl...
Even by Japans standards, the crisis is of enormous proportions. In this podcast, we try to cover the economic impact of the earthquake and the tsunami that followed. The radiation leaks in the nuclear reactor only added to the problems. Quite a few Indian IT companies have their operations in Japan and in turn Japan happens to be Indias third largest investor. While it may not affect India gravely, it is definitely not decoupled from this crisis. In other news, Rajat Gupta resigns from ISB and ...
Scarcity makes things invaluable and thats what makes the World Cup cricket a mouth watering proposition for advertisers. All India Radio is slated to earn around Rs. 7 crore from the 45 day long event. Others like Pepsi, Castrol, Hyundai, Amul have bet their best buck hoping to capture minds and eye balls. In other news, Indigo plans to hire 1,500 employees this year with aviation sector grappling the effects of rise in the Aviation Turbine Fuel price.
The Indian IT industry has a new concept to deal with and TCS has pounced onto it. It is called Cloud Computing. With a revenue projection of 1 billion USD, TCS will focus on Small and Medium Enterprises which total to a whopping 38 million. Many are calling this move as the Nano of the IT world where TATA hopes to replicate its success by tapping not the Fortune 500 companies but the smaller ones who can avail of this interesting concept. Rolls Royce, the British car maker announced record sale...
Coal India, the world's largest coal mining company offered itself to be devoured on the stock market making it Indias biggest Initial Public Offering (IPO) till date. In this episode, we try to cover the modalities of the offer, the effect it will have on the dollar and rupee relationship and a lot more. In other news, Vodafone has set itself up for the 3G roll out. In celebrity business news, Mukesh Ambani moves into his billion dollar apartment.
Thanks all you guys for sticking with us all throughout the 50 episodes. This one is dedicated to each one of you. We start this one by talking about the unforeseen increase in the onion prices and how it is affecting the common man. Akhilesh brings in Baba Ramdev in a business podcast because Akhi reckons that the Baba could give the MNCs a run for their money for competing with Ramdevs line of products.
This episode is dedicated to the car industry which is on a high. Toyota launched its first car in the small car category and has roped in A R Rahman as its brand ambassador. The words, 'General Motors' and 'quarterly profits' could never be used in the better part of this decade. But GM India has other plans. It has invested 200 million in India. Tata Nano, however, is dealing with a massive recall as the cars would catch fire if they exceed a particular speed limit.
Greece continues to fight the budget deficit demons and we tell you the Greek folk lore which is hogging headlines these days. Bajaj decides to change its branding srategy for its bikes. Rajeev Bajaj and Rahul Bajaj don't always agree. FDI in retail may get a breather. All about UPA's FDI policy. Air travel set to get cheaper as Indian government limits service tax on airfare.
Research in Motion, the Canadian company which manufactures the world famous business device Blackberry is in a fix. It is running against a tight deadline set by the Indian government. Like other countries where Blackberry operates, India demands that Blackberry mails and SMSs be allowed to be scanned for security reasons. In other news, Nokia entered the dual SIM market in India. Google's Youtube has opened up a pay per view for 5USD where you can rent movies online.
The Indian government is contemplating on giving out direct subsidies to the poor by distributing food coupons which can be exchanged for food items at market prices. Do not hold your breath. The government is only in a contemplation mode, but in this podcast we talk about what are the highlights, advantages and consequences of such a step. The prototype of executing this step is already ready with Sri Lanka which had done this way back in 1979. In the auto industry, Daimler joins Nissan and Ren...
The cricketing world sees it as a money making machine. But what are the different sources of revenue for the IPL. In this podcast, we try and give you the business side of the IPL by talking about the deals that have been signed in the run up to the third season of the IPL. All teams without exceptions have recovered their money which only proves the success of the business model which is evolving at best. In other news, Carlos Slim was declared as the world's richest man.
We all have grown up to looking up to Toyota and Honda as Gods of quality and production standards, but when you find out that a few 100,000 cars are recalled due to unintended acceleration and a few thousands for a faulty door mat which would jam the breaks, you wonder if these Gods have a sense of humour. In this episode we discuss the major recalls of the car industry and how they are dealing with them. In other news, the Wall Street goes easy on this years CEO pay packages.
Although Cadburys is a brand from UK, it elicits a lot of fond memories from Indians here in India. Blame it on their beautiful advertising (credit goes to O and M). So when Kraft decided to make an offer that Cadbury's is mulling over, we thought why not talk about the deal from Indias perspective. Inflation in India is howering at 16 per cent and the prices of essential commodities have gone through the roof. On the other hand in Australia where Ritika is currently residing, the story is the o...
In the first Bizination episode for 2010, we bring you a list of top 10 Business news of 2009 that made waves in India. Tell us if you agree with our list!
If anyone can come close to playing God today, then its unargubaly Google. In its latest move it is contemplating on charging its users (virtually all of us) for accessing news online. We cant blame Google for this since this demand has come from folks like Murdoch and the likes who claim to be losing tons of money by inviting readers to browse stories free of cost. In India, Bajaj has taken a bold (but predictable and emotional) decision to discontinue its scooters.
For the last decade or so, Dubai invoked awe and admiration for the pace at which it could lead a creative growth which was not limited to building sky scrapers, but other garnishing like man made islands, artificial arctic like winter, etc. All these developments were funded by the Government through its investing arm, Dubai World which announced that it could not pay off the $59 billion loan to the banks. The stock markets came crashing down. While that happened, we also talk about the compani...
AMD and Intel are the fiercest of competitors. And we ve been taught that almost all is fair in love, war and the corporate world. Intel took it a bit too far and had to cough up 1.5 billion USD to AMD for uh cheating. This is what they call out of court settlement. In News from India, the government is on a gold buying spree from the IMF. Toyota, the Japanese auto major has put its papers in F1. We sign off this episode by talking a bit about Inflation waking up after a rather prolonged period ...
