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TRP blackout – Do ad spends on news channels hang in balance?
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Banking s Soul-search
If the Indian economy has to accelerate to rapid growth, the Rs 180-lakh-crore banking industry will have to play a pivotal role. But, for that, its loan book will have to expand multi-fold
Rajeev Dubey, Editor, Business Today
The jury is out on whether the bank of the future will be a bank as we know it or the business of banking would be hijacked by a tech firm like WhatsApp, Google or Apple! After all, banking today is more about technology than about handling money. Curiously, even the latter is managed - by technology.
Both sides are readying their armoury and neither is short on ambition. Banks are adopting technology at an unprecedented pace and tech firms have already made forays into payments. That provides them the customer data to cross-sell other banking and finance products to the customer in the future - anything from personal and auto loans to insurance and pension products. Whether banks will pivot to resemble tech firms or tech firms will r
Digital Everywhere Strategy Will Drive Every Tata Company
Since N Chandrasekaran took over as chairman on February 21, 2017, Tata Group has been trying to resolve pending issues in group companies and pivot their businesses by leveraging technologies, including Artificial Intelligence (AI), data analytics and Cl
N Chandrasekaran, Chairman, Tata Sons - Photograph by Yasir Iqbal
In the last 10 months, despite the Covid-19 related sluggishness in the economy, the group has launched four companies for new-age businesses. Chandrasekaran talks to Nevin John and Rajeev Dubey about the key trends that are set to drive the group in the future.
Edited excerpts:
Tata Group seems to be on the cusp of a transformation. What is it all about?
Prepping for Next 150 Years?
The $106-billion Tata Group has already thrived for a century and a half - more than twice the age of the Republic of India
Rajeev Dubey, Editor, Business Today
Acommon characteristic of some of the world s oldest organisations is their uncanny ability to adapt & adopt, destruct & rebuild, terminate and transform - constantly.
Take Finland s 156-year-old Nokia which began as a paper mill in 1865, dabbled in power, rubber and cable manufacturing until it hit upon the success of mobile communication in 1984, eventually becoming the world s biggest handset maker with over 40 per cent global share by 2007. Then came the decline which resulted in sale of its handset business to Microsoft for $7.2 billion in 2013. But by 2015, it had already acquired Alcatel-Lucent and taken charge of JV with Siemens to emerge as a huge network infrastructure provider.
Digital Everywhere Strategy Will Drive Every Tata Company
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