Category Archives: economy

Capitalist Eloquence

Nirmalya Kumar, Professor of Marketing at London Business School, and a renowed marketing guru: “Q: Do you think the growth of retailers — like Reliance, etc — and the advent of biggies like Wal-Mart could kill the small grocer or kirana shop in India? A: It’s very simple: no competitor can kill … Continue reading

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Walmart, Wade Rathake, et.al.

While Wade Rathke is mobilizing an anti-Walmart campaign in India – to “fight for the rights of the poor” and “protect small businesses and communities” – a different group of small businesses has a different way of responding to the corporate big-business “threat”. Small chemist shops across India, who’ve enjoyed a monopoly all these years, are gearing up to big pharma companies operating chemist stores with value added services. They’ve hired none other than E&Y and Accenture to “modernize their traditional chemist outlets”. Now, would anyone argue whether this … Continue reading

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Rural India, but with a different perspective…

Do you think international media coverage of “rising India” is either adulatory at the extreme (IT, call centers, economic growth, blah, blah) or caustically critical at the other extreme (rural scene, divide between rich and poor, so many millions living … Continue reading

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