See N Chandrasekaran as a software man with niche in finance: Vallabh Bhanshali

N Chandrasekaran completes a year as Tata Sons’ Chairman and keeps to his promise of stabilising the conglomerate by simplifying the structure. In an interview to CNBC-TV18, Vallabh Bhanshali, Chairman of Enam Securities shared his views on the same. Bhanshali said that would rate Chandra’s performance as 9 on 10 this year, as Tata Group Chairman. He further said that Chandra provides an exemplary depiction of an uncluttered mind. I see Chandra as a software man with niche in finance, he added. He also mentioned that subject to external limitations,…

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Will see if more devolution to states served its purpose: Finance Commission

Headed by former RBI Governor Y V Reddy, the 14th Finance Commission had recommended a record increase in the states’ share in the Union taxes. NEW DELHI: Finance Commission chairman N K Singh today said the panel will ascertain whether increasing the share of Union taxes to states to 42 per cent, along with rationalisation with Centrally Sponsored Schemes, has served its purpose. The 15th Finance Commission has been asked to recommend, among other things, a road map for sound management of government finances. “We will also look at whether the much higher devolution…

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How Indian Government Is Bridging Finance And Transaction Gaps In MSME Industry

Anita Roddick, a British businesswoman and founder of The Body Shop, once quoted, “If I had learned more about business ahead of time, I would have been shaped into believing that it was only about finances and quality management.” She pins down two key factors that drive business growth for entrepreneurs and understanding of ‘finance’ being the first one. Other growth factors like quality management, strategy, people, operations, risk management, customer centricity etc., may also be relevant. However, in this article, we will focus on the significance of finance and transactions as a…

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