Story Highlights: · Sourced from sustainable forests · Low water use · Reduced greenhouse emissions Birla Cellulose, a division of Grasim Industries is planning to scale up the production of Liva Reviva circular fibre products to 100,000 tonnes per year. Liva Reviva, made from recycled cotton and other materials, has a smaller environmental footprint than…
by Meera V Nair - June 13, 2022
‘Ikigai’ , the Japanese philosophy, is a personal concept that has received much global familiarity over the last few years. The word implies one’s “reason for being” or “reason to wake up in the morning”. An ikigai can serve as a compass to navigate both career and life decisions, which people crave for now more…
by Shobita George - June 10, 2022
Have you ever heard of lassi getting prepared in washing machines? Well, it is very common in North India when the demand for cool beverages skyrocket during the hot and dry summers. Lassi parlors in Punjab and adjoining states use washing machines to churn yogurt and mix it. It is an innovative, simple and frugal…
by Shobita George - June 3, 2022
India and China have had consistent expansion in wealth creation and the economy in general over the previous few decades. With the recent Covid Outbreak, which disrupted the global economy, India, China, and the United States are on a steady growth towards recovery in terms of per-capita income, equity flows, and trade. Despite the fact…
by A R Junaid - April 1, 2022
Recently, Hurun India launched the 10th edition of the India Rich List which proved that India is witnessing the fastest wealth creation era in its history. The most important derivative of wealth creation is philanthropy. Subscribe to the full list of the IIFL Wealth Hurun India Rich List 2021 here The stories of the entrepreneurs…
by A R Junaid - November 18, 2021
Giving has always been a deep rooted essence of the Indian tradition and culture. Yet, in over the last eight years of attempting to highlight India’s remarkable givers, Hurun India has begun to see a perspective change in Indian philanthropy at various levels – dawn of a new age or beginning of an era, as…
by Shobita George - November 3, 2021
Gautam Adani explained his business philosophy to a journalist of the London-based Financial Times in 2013 in these words: “Either you sit on a pile of cash or continues to grow”. It was obvious that he opted for the second option. “In five years, we went from $3bn to $20bn in assets. There is no…
by K P Sethunath - October 26, 2021
The fate of the failed billionaire brings to mind the opening of a famous John Lennon song; “Nobody loves you when you are down and out”. The sombre and caustic prose that shapes the media narrative of failed billionaires is a far cry from the razzmatazz associated with the billionaire life. The riches-to-rags story is…
by K P Sethunath - October 6, 2021
Eminent television anchor Karan Thapar has been flagging the theme of the consumer spending collapse in the country during his interviews with well-known economists in the past few weeks. He had detailed discussions on the subject with Mahesh Vyas, Managing Director- Centre for Monitoring Indian Economy (CMIE) and former deputy chairman of the Planning Commission,…
by K P Sethunath - September 24, 2021
When asked how he became bankrupt, Mike, a character in Ernst Hemingway’s novel The Sun Also Rises, described the predicament in this manner. “Two ways, gradually and then suddenly”. The remarkable, yet, hilarious description of Mike is a perfect match to describe the Indian Unicorns landscape in 2021. The only difference; the Indian Unicorn story…
by K P Sethunath - September 15, 2021