In this issue

Growth has slowed at home but cash-rich, family-owned groups are still in the mood to expand overseas

Undimmed ambition as economy’s lights flicker

Growth has slowed at home but cash-rich, family-owned groups are still in the mood to expand overseas

Economy: Debate over growth after fight to trim inflation rate

James Lamont finds business leaders and economists warning of ‘excessive pessimism’; plus interview with the IFC’s Lars Thunell

Kingfisher Airlines

Airlines: Ailing private carriers get that sinking feeling

The sector is defying financial gravity, writes James Fontanella-Khan

Retailing: Problems in store for ambitious incomers

James Fontanella-Khan on the outlook for foreign groups after the shelving of a landmark reform

Online shopping: Web takes hassle out of bringing up baby

The arrival of sites selling nappies and toys heralds an internet revolution, says Amy Kazmin

Luxury retailers: Big names look beyond obstacles

The global brands know India will be crucial for growth, writes Neil Munshi

Higher education: Students forced to play numbers game

Kanupriya Kapoor finds places at top quality universities are in short supply

Outsourcing: New aims are set but old image dies hard

James Crabtree charts the shift from call centres to value-added services

Ford Figo

Car industry: Global drive fuels Modi’s Motown

Gujarat has struck out on its own, writes Neil Munshi

Ratan Tata

Corporate profile: Ratan Tata

Tata chief strikes cautious note as he prepares to hand over reins, writes James Crabtree

Profile: Karaturi Global blossoms in Africa

Lured by the continent’s competitive advantage over India, the company has become the world’s largest producer of roses, writes James Lamont

Real estate: Developers hope for rebound

Despite last year’s sharp fall in demand, India remains in dire need of housing. But can the industry persuade investors to return, asks Neil Munshi

Energy: Rush to buy foreign coal assets

Few things illustrate the promise and peril of India’s increasingly global corporate sector than its troubles acquiring this basic commodity, writes James Crabtree