Govindraj Ethiraj is former Founder-Editor in Chief of Bloomberg UTV, a 24-hours business news service launched out of Mumbai in 2008. Prior that, he worked with Business Standard newspaper as Editor (New Media). Earlier, he spent five years with television channel CNBC-TV18 where he worked from near start-up point. Before CNBC-TV18, he worked with The Economic Times newspaper as Corporate Editor in Mumbai for five years, looking after the corporate and markets news bureau. He also worked with Business World for three years. He began his career with Business India magazine. He is a Fellow of The Aspen Institute, Colorado. He is presently co-authoring a book on India’s efforts to give over a billion residents a unique, biometric identity - after concluding a short, voluntary stint with the Unique Identification Authority of India (UIDAI) - before returning to full-time journalism shortly.
There is a real possibility now that every household in India will have access to a bank account in the next few years. This has game-changing implications, both for delivery of hundreds of billions of dollars of Government subsidies but also bottom-of-the-pyramid financial innovation
What really conveys or imparts a sense of `sacred space' to an organisation and its people ? While it's somewhat clear what the driving forces are, whether it will come together in a predictable, mathematical way is a big question.
Indiia could see some 300 million new savers entering the formal banking system in coming years. Creating the right `bottom of the pyramid' financial product portfolio for them should be a priority else we would have lost an opportunity.
Apple will bring in close to Rs 130,000 crore of revenue from China in 2012. Apart from the massive consumption frenzy, what does this tell us about consumer behaviour, particularly at times when there is perceived political uncertainty
Indian CEOs are unlikely to bite the bait of appearing in reality shows like Undercover Boss. But this show's big plus is to get you closer to your own people, particularly in difficult times. That's something every business leader should appreciate.