Rise of the new guard at Indian Corporates

How 'Generation Next' is Moving Up the Corporate Ladder at India Inc. Young people at India's top family businesses are playing increasingly important roles in their companies.   What sets them apart from the earlier generation of inheritors are their strong credentials.   They have the right educational degrees, wide global exposure and, of course, the ambition to make it big. But experts warn that if they are to succeed, they also need the humility to appreciate the wisdom and guidance of older employees.   Want to know more read the full Knowledge @ Wharton article here.  

Unique ID Authority

India has commenced a major new project to establish a unique identification (UID) database for the country's 1.2 billion citizens. The UID database will store demographic (age, sex, address) and biometric information (photographs and fingerprints), providing reliable proof of identity for people to access government programmes, bank accounts, insurance, voting registration, and other services.   A key rationale for the policy is to more poor Indians to participate fully in the economy. Many poor people have no form of identification, making it difficult for them to access social welfare schemes and financial services like bank accounts and micro-loans. The database will also help to reduce waste and embezzlement in subsidy and poverty alleviation programmes, address security threats and illegal immigration, and clamp down on identity theft and fraud.   The UID scheme will provide a unique number to everyone enrolled, but will not provide and identity card. Rather, the number will be used in...