By Aniruddha Basu and Nandita Bose REUTERS MUMBAI, 9 December 2009 * Cotton prices up 20 pct in six weeks * Rising input costs to bite into profits * Domestic players can raise prices, exporters constrained MUMBAI, Dec 9 - An unforeseen drop in global cotton output has seen prices flare, putting at risk the fragile recovery of India's textile industry that was battered by the global recession earlier in the year. The rising demand the industry was hoping to cash on, bolstered by 25.5 billion rupees in government subsidies to upgrade technology, has started to look less promising as…
Just after noon, on a weekday, I bumped into a family acquaintance at one of the more successful shopping malls in the city. The question, “What are you doing here?” was underlined by a mildly accusatory look and the subtext, “Why are you spending a week-day shopping?” My response that I was “working” wasn’t enough; the further explanation that I was doing “research” received a dismissive smirk and ended the conversation. The fact is that I was repeating the time-honoured ritual of RBWA (research by walking around), with its seemingly aimless strolling, sidelong glances, and possibly turning over a hundred…
For someone who loves books and dislikes naming favourites, it’s tough to quickly make a list of only 10 must-read books. There are so many valuable books an entrepreneur can learn from that this list is only a starting point, rather than “the Top-10”. But, then, one of the most important things an entrepreneur can do is to overcome his or her own resistance at some of the most inconvenient times. So here goes! Good to Great (Jim Collins) – this book delves into some fundamental strengths that entrepreneurs need to seed into their business fairly early. Interestingly some of…
27/10/2009 Mr Bruce E Bergstrom VP, Vendor Compliance,Li & Fung "Sustainability is a great concept like liberty. We are in a world with many problems and sustainability is the solution. This is the answer given by Bruce Bergstrom, VP vendor compliance of sourcing giant Li & Fung, who tackled the difficult question of What is Sustainable Fashion? at the first-ever Sustainable Fashion Forum held earlier this month. "It is of utmost importance that we meet the needs of the present without compromising the needs of the future. Sustainability needs to be aligned and be woven into the corporate fabric,"…
Speciality Restaurants expanding into high-margin QSR and cloud kitchen spaces - @devangshu shared his perspective on the opportunities and realities of managing a diverse "house of brands" in the food service sector #India #strategy #diversification
Geopolitical friction has again sparked renewed concerns over inflation and rising input costs for FMCG companies as @itmeansjustice @whysnavi write. @devangshu commented.
