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Many people believe that leadership is telling others what to do, how to do it or some motivational speech in the locker room before a game. Those are elements for sure, but true leadership is much larger than that. Pop truly cares about his players (at least the core group), he meets up with them when they are on visiting teams and gets the retired group together for dinner.
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“Entry level four wheelers have become unaffordable to buy and maintain for the common man,” Bhargava told TOI.He has been consistent in his views on Ola and Uber, stating that effect of “structural shifts” is negligent compared to the strain from other mentioned factors, namely the “risk shy” banking sector with “paralysis of decision making” as the biggest issue.In fact, Maruti has been among the front runner in joining hands with cab aggregators to create an alternate demand source. The company’s stripped down Alto H1 variant and electric vehicle (EV) offerings specifically for sale to Uber, Ola.In an interview with Moneycontrol, Bhargava emphasised the economical element that aggregators bring to transportation, especially in terms of comfort and safety as compared to two wheelers.”People, who can’t afford to own a car of their own because it is too costly, will still use a car for journeys where they have to take their family because they can do that and they can afford to do that using cab aggregators,” he said.Bhargava’s reasoning is simple. He said while a common car user drove the vehicle for 8,000 to 10,000 km a year, a vehicle with a cab aggregator rode anywhere between 60,000 km and 100,000 km in a year.”So, the usage of a vehicle is much higher.
Wages have picked up further, boosting labour income, yet consumption spending was unexpectedly soft in the quarter. Business investment contracted sharply after a strong first quarter, amid heightened trade uncertainty. Given this composition of growth, the Bank expects economic activity to slow in the second half of the year.Inflation is at the 2 per cent target.
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