Latest news with #AmitKapoor
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Business Standard
6 days ago
- Business
- Business Standard
Best of BS Opinion: Skilling, scaling, and reclaiming innovations
There's something oddly sacred about midnight snacking. That stolen moment when the world has quieted down and your fridge becomes your temple. Half a pizza slice, a couple of salami slices, some leftover noodles, maybe a spoonful of peanut butter straight from the jar. It's not just food, it's a ritual of piecing together what the day left unfinished. Today's writeups feel a lot like it, unconnected at first, but ultimately comforting in their messiness. They speak to a nation trying to make sense of its scattered ingredients, ideas, ambitions, gaps, and goals, under the flickering light of change. Let's dive in. Take the Union finance minister's renewed push for global capability centres (GCCs). On paper, it's a promising late-night snack, a Budget idea reheated with tax breaks and support for small-town talent hubs. But as our first editorial notes, India's business environment still needs prep: power outages, regulatory half-measures, and a skilling system that doesn't quite match industry appetite. Without fixing the kitchen, no amount of garnish will make the dish work. If that sounds familiar, our second editorial's deep dive into the lagging AI regulation offers a similar flavour. While the European Union has plated up a full-course meal with its AI Act, India is still figuring out the recipe. The country's Digital Personal Data Protection Act, though a start, doesn't quite address the global buffet of challenges: Data scraping, model misuse, or even the basic seasoning of transparency. As Big Tech feasts unchecked, India risks showing up at the innovation dinner party with an empty tiffin. Then there's our urban sprawl. Amit Kapoor writes how our cities, instead of cooking up dynamism, are just boiling over. With traffic jams, heat islands, and scattered planning, India's metros resemble overstuffed thalis — crowded, but offering little nourishment. To regain productivity, Balakrishnan calls for a smarter recipe: integrated governance, resilient design, and real data-driven plans. Meanwhile, Naushad Forbes turns the spotlight to R&D, where India has long survived on snacks even as others have enjoyed feasts. The new Rs 1 trillion RDI scheme could change that, but only if funds go directly to firms that can digest them, those with hungry, growing R&D teams and the stamina for mid-stage research. Without focus, we risk spreading the chutney too thin. And finally, Vivek Banerji's Insight Edge: Crafting Breakthroughs in a World of Information Overload, reviewed by Ajit Balakrishnan, is like the healthy snack you didn't know you needed. The author argues that in this data-glutted world, insight, not information, is the real nourishment. Forget endless dashboards. What we need is curiosity, empathy, and a refusal to pretend we always know the answer. Sounds a lot like the way we rummage the fridge, hoping to find meaning — or at least cold pizza. Stay tuned!
Business Standard
18-06-2025
- Business
- Business Standard
Amit Kapoor
Amit Kapoor is chair, Institute for Competitiveness. He is an affiliate faculty for the Microeconomics of Competitiveness & Value Based Health Care Delivery courses of Institute of Strategy and Competitiveness, Harvard Business School. He is a popular teacher at the Management Development Institute, Gurgaon.
CBC
17-06-2025
- Business
- CBC
Local businessman nominated to, mayor stepping down from Winnipeg Police Board
Social Sharing A local businessman could soon fill a vacant position on the Winnipeg Police Board. Winnipeg Mayor Scott Gillingham nominated Amit Kapoor, owner of Kapson Family Restaurants, which operates several McDonald's franchises in the city, to serve as a citizen appointee on the board. Kapoor would replace outgoing member Kevin Selch, founder of Little Brown Jug brewing company, whose term has expired. In a news release, Gillingham said retail crime is a big concern for the city, and Kapoor's experience as a business owner dealing with public safety issues every day will be valuable to the board. The executive policy committee voted unanimously to move the nomination forward. It still needs final approval from council. Gillingham also announced he is stepping down from the board. Serving on the board was one of his promises when he ran in the 2022 municipal election. Gillingham said with a new police chief in place and a new strategic plan for the board in development, now is the right time to step down. Council will vote on who should replace Gillingham as their representative on the board.
CTV News
17-06-2025
- Business
- CTV News
Mayor's nominee to Winnipeg Police Board aimed at tackling retail crime
Mayor Scott Gillingham is pictured with entrepreneur Amit Kapoor at his Ness Avenue McDonald's franchise in Winnipeg, Man. in March 2022. (Scott Gillingham/CTV News Winnipeg) Mayor Scott Gillingham has nominated a local business owner to the Winnipeg Police Board in a bid to tackle retail crime in the city. Mayor Gillingham has nominated Amit Kapoor to fill a citizen member spot left vacant by Kevin Selch, whose term expired. According to a news release, Kapoor owns Kapson Family Restaurants Ltd., which runs several McDonald's franchises in the city. He has also served on the boards of the RBC Convention Centre and Ronald McDonald House Charities and is a member of the Business Council of Manitoba. Mayor Gillingham said retail crime continues to be a big concern in the city, and Kapoor offers an important vantage point. 'As a business owner who deals with frontline public safety issues every day, Amit brings a valuable perspective to the Police Board. He understands what's at stake for workers, customers, and communities,' Gillingham said in a news release. The nomination will be considered by the executive policy committee Tuesday before going before city council. Meanwhile, Mayor Gillingham said he is stepping away from the board due to governance changes. A new councillor will be appointed to fill the spot.
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Business Standard
14-05-2025
- Business
- Business Standard
Groww Invest Tech pays Rs 47.85L to Sebi, settles regulatory lapses case
Groww Invest Tech on Wednesday settled a case pertaining to the alleged violation of stock brokers' rules and other norms after the online investing platform paid Rs 47.85 lakh towards settlement amount. The order came after the broking company filed an application with Sebi "without admitting or denying the facts and conclusion of law", through a settlement order. "In view of the acceptance of the settlement terms, the adjudication proceedings initiated against applicant vide SCN dated November 25, 2024 is disposed of," Sebi's Adjudicating Officer Amit Kapoor said. The case stemmed from a comprehensive inspection of Groww Invest Tech (formerly Nextbillion Technology Pvt Ltd). The Securities and Exchange Board of India (Sebi) alleged that Groww had violated multiple provisions of the securities contracts (regulation), several Sebi circulars and stock broker regulations. Among the lapses cited, the regulator observed that the applicant (Groww Invest Tech) had sent retention statement containing incorrect information to clients viz. discrepancy in financial ledger balance and margin obligation in 38 instances. The markets watchdog also flagged Groww for offering non-securities services such as UPI payments and bill payments through its trading app, which could expose users to financial liability, the order said. Further, Sebi found that Groww's Business Continuity Plan was being reviewed annually instead of the mandated half-yearly frequency. Inadequacies were also noted in the firm's surveillance framework, particularly in analysing client trades based on financial capacity and updating income details, as per the order. Thereafter, a show cause notice was issued by the regulator to Groww Invest Tech for the alleged violations on November 25, 2024. Pursuant to the receipt of the settlement application, Groww filed revised settlement terms, which was cleared by Sebi. After remitting the settlement fee of Rs 47.85 lakh, Groww settled the case with Sebi. However, Sebi has reserved the right to reopen the case if it finds that the company did not make full disclosures or breached the settlement terms. On Tuesday, Groww Invest Tech settled with markets watchdog Sebi a matter related to alleged failure to handle a technical glitch in January 2024 by paying Rs 34.12 lakh.
