GROWING ENTERPRISES IN A TIME-TESTED INDIAN WAY
The New Indian Express Kozhikode|December 18, 2024
BUILDING BUSINESSES
R GOPALAKRISHNAN

OME accomplished chief financial officers of established companies like Tata Consultancy, Tata Chemicals and KPMG set up a think tank as a body that would engage with relevant audiences—India Inc, regulators, administrators—to create and nurture better-governed enterprises. After all, CFOs have a strong C-suite role and influence on enterprise promotion and development. I recently participated in a CFO Board event.

CFOs have a crucial role in nurturing ‘enlightened capitalism’ in their companies. Enlightened capitalism enterprises meet four criteria: (i) they are respected and loved (try to list a score in India), (ii) they are focused on longevity as an effectiveness marker while protecting economic efficiency, (iii) they create shared wealth for stakeholders rather than create endless pink-paper controversies, (iv) they act to be long-living enterprises.

Examples are well-known giants like TVS, Murugappa, Godrej, Tata, Bajaj. Or lesser-known companies, who act as ‘small giants’—medium in size, but giants in nurturing community-oriented, ethical practices, such as PSG of Coimbatore, Nalli of Chennai and Malayala Manorama of Kerala.

هذه القصة مأخوذة من طبعة December 18, 2024 من The New Indian Express Kozhikode.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 18, 2024 من The New Indian Express Kozhikode.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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The New Indian Express Kozhikode

Chelsea's Mudryk fails drugs test: Club

CHELSEA forward Mykhailo Mudryk has failed a doping test, the Premier League club said on Tuesday, as reports stated the Ukraine international has been provisionally suspended.

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1 min  |
December 18, 2024
The New Indian Express Kozhikode

UDF leadership decides to formulate plans to resolve people's issues

CONTRARY to current tactics of highlighting the ruling front's failures on different issues, the UDF will adopt a different line now: Convincing the voters how it proposes to resolve their issues if voted to power.

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2 mins  |
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The New Indian Express Kozhikode

SC seeks data on population of Orthodox, Jacobite groups

HEARING the dispute between the Malankara Orthodox Church and the Jacobite Church, the Supreme Court on Tuesday directed that status quo be maintained regarding the management and administration of the churches till the next date of hearing, which is on January 29 and 30, 2025.

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2 mins  |
December 18, 2024
The New Indian Express Kozhikode

2 held for dragging tribal man along road

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1 min  |
December 18, 2024
The New Indian Express Kozhikode

RAHUL AND JADEJA BRING ORDER AS INDIA TAIL WAGS

Poor form and captaincy issues could be two unrelated things as Rohit falls for another low score on day four in Brisbane on Tuesday

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7 mins  |
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The New Indian Express Kozhikode

HEART THE CENTRE OF CONSCIOUSNESS

A HEALTHY HEART FOR A HEALTHY BODY

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1 min  |
December 18, 2024
The New Indian Express Kozhikode

RAHUL AND JADEJA BRING ORDER AS INDIA TAIL WAGS

SOMEWHERE in the middle of the first innings, Virat Kohli rushed out of the Gabba dressing room, called up Abhimanyu Easwaran, told him something in earnestness and sent him off to the ground.

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3 mins  |
December 18, 2024
The New Indian Express Kozhikode

Two World Champions, 31 GMs, Tamil Nadu is the best: Anand

OPEN rooftop car. Scores of people. Cavalcade of cars. It was another maddening but memorable day in the newly-crowned world champ, D Gukesh's, life.

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2 mins  |
December 18, 2024
The New Indian Express Kozhikode

Rana wouldn't have got into our playing XI: Gujarat coach Klinger

GUJARAT GIANTS, after finishing last in the back-to-back Women's Premier League points table, went into the mini-auction looking to make a few important changes.

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2 mins  |
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The New Indian Express Kozhikode

Bid in satellite spectrum not feasible: Scindia

A day after Congress leader Jairam Ramesh raised concerns over the government's decision to administratively allocate satellite spectrum in the country, communications minister Jyotiraditya Scindia on Tuesday defended the move, saying that satellite spectrum is neither suitable nor practical for auction.

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1 min  |
December 18, 2024