OTHER STORIES

India has 149 GW hydro power potential
In order to develop the country’s hydropower potential expeditiously, state-owned National Hydroelectric Power Corporation Limited was established in 1975. With over 34 years in construction and operation of hydroelectric projects in various parts of the country, NHPC, at present, supplies the much-needed peaking power especially to the northern and eastern parts of the country. Its chairman and managing director S.K. Garg spoke to HT on a range of issues. Excerpts:
‘Affluence to aid card spending’
Aiming a high growth in the credit card business, Shailesh Baidwan, CEO,  American Express India, is eyeing to grow faster than the Indian market. He spoke to HT on various issues.
‘Helping the poor our main aim’
Excerpts from the talk with the managing director of National Backward Classes Finance & Development Corporation AA Naqvi.
‘We haven’t seen the last on ULIP regulation’
After SEBI and IRDA locked horns over the jurisdiction of ULIPs, the government issued an ordinance giving the insurance regulator the powers to regulate such schemes, leading to concerns about finance ministry becoming a “super-regulator”. In an interview to NDTV Profit, IRDA Chairman J. Hari Narayan said that’s not the case. Excerpts:
'Cloud has good potential'
India has been a key revenue driver for software giant Tata Consultancy Services (TCS). CEO and managing director N. Chandrasekaran told Hindustan Times that the company sees major potential in cloud computing services — software and hardware facilities rented over the Internet.
'CAG's right to information weak'
Comptroller and Auditor General of India has sought sweeping changes in its mandate, including free and unfettered access to official records within a specified timeframe on lines of the Right to Information (RTI) Act. Vinod Rai who assumed charge as the CAG of India in 2008, spoke to Hindustan Times on a range of issues.
'European crisis is a short-term one'
Willing to take the ongoing European crisis in its stride, IT bellweather Infosys, usually conservative in announcing its business outlook, raised its revenue guidance for the current fiscal year. S Gopalakrishnan, CEO and MD, spoke to Vivek Sinha after announcing the company's first quarter results.
‘100% retail FDI would be better’
Lauding the government’s recent discussion paper on allowing foreign direct investment in the country’s retail sector, Raj Jain, president, Wal-Mart India spoke to HT on how the initiative would attract serious players. Excerpts.
‘Kinetic will remain in the engineering space’
In an interview with HT, Managing Director Sulajja Firodia Motwani said the Kinetic brand will make a comeback in the consumer space, only in a different field.
‘Commodities the next investment opportunity’
Amidst the financial crisis, celebrity investor and author Jim Rogers, is a relaxed man as he anticipated the crisis and was on short positions on the financial sector stocks that crashed. Having sold his house in New York and settled in Singapore with his family, Rogers, in an interview with Sandeep Singh from HT, said that Asia is the place to be in the 21st century.
Promoting handicraft abroad
EPCH — Export Promotion Council for Handicrafts is an apex body set up by the Ministry of Textiles in 1986 to coordinate, develop and promote handicraft exports. In an interview with HT, Rakesh Kumar  Executive Director talks about the role of his organisation in  promoting exports. Excerpts

‘Any buy in India must value-add to what we have’

With Rs 15,464 crore in assets under management, Religare Mutual Fund does not rule out the possibility of acquiring a fund house in India in order to grow big.
'This kind of thing doesn't happen only by hard work'
Sunil Mittal in a free-wheeling conversation tells Indrajit Hazra how the government once unwittingly pushed him in the right direction, why there's nothing to fear in big retail, and how his latest expedition will open up Africa to India.
TCIL: Connecting the world
 

TCIL, a prime engineering and consulting company, is a public sector enterprise under the administrative control of the Department of Telecommunications. Set up in 1978 for providing expertise in all fields of telecom to developing countries. Its chairman and managing director R.K. Upadhyay spoke to HT on a range of issues. Excerpts

‘Distributors find it uneconomical’: Ashu Suyash
Having completed five years in India with Rs 7,800 crore as assets under management and a customer base of 17 lakh, Ashu Suyash, MD and country head, Fidelity Mutual Fund, is eyeing a place in the top five. Excerpts from an interview with HT's Sandeep Singh.
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