Reflections on Social innovations and Post-modernism

This article is the first of a planned series of articles that reflects on the social innovations for a post-modernist society. These reflections are made from the innovations that are either happening or in the offing. It covers these innovations from various verticals like Automotive, Telecommunications, Energy, Textiles, Agriculture, Banking & Finance and Governance. In ...

Innovations @Tata group: Extrapolating to New Products Management Matrix

In this article, we will extrapolate the innovations @Tata group comprising of 200+ companies to Booz-Allen & Hamilton’s new product management matrix and see how they could be measured against international bench marking studies. In 2006, Tata group started the practice of capturing and celebrating innovations of Tata companies through Tata Innovista, which presents awards ...

Using Tawarruq, an Islamic contract, to build high-tech “local” manufacturing industries

Tawarruq is a debt instrument offered in Islamic finance in which a financial institution sells a commodity to a consumer on a deferred payment at cost plus profit, and the customer then sells the commodity on a spot basis to a third party for cash. Tawarruq was often linked to cases of individuals with dire ...