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  • Bring Break-Even to the Bottom of the Pyramid

    How much does the global slowdown impact India? What should be the corporate structures and strategies to weather the current storm? Can India overcome the growth blip? Which sector is in need of urgent reform? We put these questions to management guru Prof CK Prahalad, who was in the city for a CII session on ?India@75: The emerging agenda?. ?There are dramatic changes in demand and cost structures and in some cases excess capacity?all of these require a rethink in the break-even vol...

    Source
    Financial Express (link opens in a new window)
    Region
    South Asia
  • Business Basics at the Base of the Pyramid

    A decade after founding SKS Microfinance, CEO Akula explains how to make money at the bottom tier of the economic pyramid while raising the living standards of the people who occupy it. His company, which provides many small-business loans and other financial services to poor women in India, has a customer base that has been nearly tripling each year and now numbers more than 2 million. Akula attributes his firm’s success in part to heeding three principles: Adopt a profit-oriented approach ...

    Source
    Harvard Business Review (link opens in a new window)
    Region
    South Asia
  • New Frontiers: Story at the Bottom of the Pyramid

    By Anisha Motwani Rural India seems to be the latest flavour in town. From finance ministers to corporate India across industries, everyone seems to be shifting focus to the bottom of the pyramid. All boardroom discussions are getting centred on finding ways and means to grab a share of this lucrative pie. Numbers look seductive with statistics and data giving enough evidence of volume potential... smaller ticket sizes but more buyers...

    Source
    The Economic Times (link opens in a new window)
    Region
    South Asia
  • 4 Lessons to Learn from Tata’s Nano

    The announcement in January by Tata Motors of its newest car, the Nano, was revealing on many levels. The announcement generated extensive coverage and commentary, but just about everyone missed the Nano’s real significance, which goes far beyond the car itself. But, OK, let’s start with the car itself - particularly the price. At about $2,500 retail, the Nano is the most inexpensive car in the world. Its closest competitor, the Maruti 800, made in India by Maruti Udyog, sells...

    Source
    Business Week Online (link opens in a new window)
    Region
    South Asia
  • A Cellphone with no Flips, no Folds – Just a Very Low Price

    PARIS: It looks a bit like a child’s toy, a walkie-talkie circa 1975, a cheap plastic throwback to the good old days when telephones were made for talking. But to Spice Ltd., a telecommunications company in the world’s fastest-growing phone market, this new product embodies the latest, greatest innovation in cellphone technology today: a handset priced at less than $20. Spice, which is based in Noida, India, unveiled what it is branding the People’s Pho...

    Source
    International Herald Tribune (link opens in a new window)
    Region
    South Asia
  • In India, How Do Rooftop Gardens Grow?

    HYDERABAD, India -- Can growing vegetables on India’s slum rooftops and holding cooking classes in slum alleyways make a difference? That is the contention of a new program that’s about to begin in a 100-acre slum in the capital city of India’s southern state of Andhra Pradesh. The country has seen hundreds of programs over the years designed to combat malnutrition. The latest aims to clear out the garbage, create a patchwork of small organic farms to grow vegetables th...

    Source
    The Wall Street Journal (link opens in a new window)
    Region
    South Asia
  • Nurture Entrepreneurship to Eradicate Poverty

    Speaking at the launch of T.S. Srinivasan Chair Professorship of Entrepreneurship at city-based Great Lakes Institute of Management for Entrepreneurship by TVS Capital Funds Ltd here Wednesday, Prahalad said: Entrepreneurship in India could be divided into three phases. The first phase was after the country’s independence and up till 1990. The second phase is from 1990 when India opened its doors and the third phase is when Indian companies started acquiring oversea...

    Source
    NewKerala.com (link opens in a new window)
    Region
    South Asia
  • Bangladeshi Microfinance Firm ASA Gets Largest Funding Of $125 Million

    Bangladesh is the home of grameen banking. Now the country will have another distinction with a microfinance institution (MFI) headquartered in that country receiving the world’s largest ever funding for an MFI. ASA International, which has presence in Asia and Africa, will receive about $125 million from Catalyst Microfinance Investors (CMI), a leading private equity fund focused on investing in microfinance institutions on a commercial basis. CMI has achieved its final privat...

    Source
    VC Circle (link opens in a new window)
    Region
    South Asia