February 2025 - Ecostar Business

Sindhu Sudheer Marar

February 23, 2025349 Views0

President (International Business) Swiss Parenterals Ltd A self-made village girl, Sindhu, could adapt to the changes and live by circumstances without seeing it as a big struggle. Giving extra time to her work, she learned the nuances of the global pharmaceutical business, the regulations of various markets, accreditations and approvals. A mathematics graduate hardly makes a mistake in calculation. Like all unsolved are dropped to take fresh ones to solve in quick replacement, she forgets unpleasant lessons and reconciles with the reality of having more opportunities to correct the wrongs. Hard work with integrity renders due outcome, if not today, surely tomorrow. Since 2010, she has been a Director, heading the global business of Swiss Parenterals, which has a portfolio of over 1...

CEO of the Month

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February 23, 2025295 Views0

Hari Nair Chief Executive Officer RNA Builders (NG) In an open C-Suite Hari Nair begins his day early with a prayer as a devotee to Krishna. He believes there is no better way to make all tough jobs pleasant than laying all challenges and obstacles at the feet of the Lord's feet. The performance of a Chief Executive depends on how well he knits his network and uses the company's talents to hammer out all challenges. The broad vision of the chief of executives, engineers and workers alone cannot drive an institution through the fast-changing time. One’s leadership quality works only with a deeper understanding of the organisation’s business nature, legacies, internal weakness and market potential. An officer occu...

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Hawkers and micro business: the hiding place of illegal immigrants?

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February 22, 2025296 Views0

The influx of new hawkers in the streets of many urban centres in India is causing worry among residents. People suspect infiltration of illegal immigrant Bangladeshis. In some places where textile units operate, the illegal immigrants find an easy abode to hide. The immigrants become employable because of their low wage demand and hard work for survival, unlike the workers of the home market. However, the arrest of some illegal immigrants has spoiled the sleep of some textile processing units and restaurant owners. ...

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Byju’s bankruptcy: Tribunal sacks IRP

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February 22, 2025260 Views0

The National Company Law Tribunal (NCLT) directed the Insolvency and Bankruptcy Board of India (IBBI) to sack Pankaj Srivastava, the Interim Resolution Professional (IRP) in the case of Byju’s bankruptcy proceedings. The Tribunal also directed the board to take disciplinary action against him for his conduct that was unfit and improper as an officer of the Tribunal. “The conduct of the IRP in the present case has been filed with the intent to mislead the Tribunal.” The Tribunal, taking note of the conduct of the IPR seriously while hearing the petition filed by Aditya Birla Finance and Glas Trust, ordered the dissolution of the Committee of Creditors (CoC) formed to oversee the bankruptcy proceedings against the company. The petitioners alleged serious fraud in creditor classification. ...

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Mutual Fund unit now in sachet

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February 22, 2025277 Views0

The Indian security market watchdog, the Securities and Exchange Board of India (SEBI), in a discussion paper, favoured sachet format retail dispensing of mutual fund's systematic investments. In the past, expanding the client base for asset management companies (AMCs) was not operationally viable due to narrow profit margins. However, advancements in technology have now made it possible for these companies to manage an unlimited number of investors from any location, effectively addressing the issue of operational viability. No extra technology expenses are involved in managing more accounts, regardless of their size. While AMCs have fixed technology costs, these advancements allow them to attract more customers, including potential future high-value investors. This plan can...