There are certain characteristics that are common across all fundamentally good business, one such characteristic is 'pricing power'
Pricing power is an economic term referring to the effect that a change in a firm's product price has on the quantity demanded of that product. Pricing power ties in with the "Price Elasticity of Demand." - Investopedia
Royalty is the amount paid to the parent company, by the domestic subsidiary collaborated for the transfer of technology, brands trademarks etc. Until 2009, there was a statutory upper limit to this. Where the fees or royalties were higher than these limits, the government approval was required to make the payment.
To attract more foreign investors, the government relaxed the rules in December 2009 and these limits were removed -
“A business woman needs a successful mix of design and practicality.”
In this wonderful book on Warren Buffett, It is explained how Buffett has a "feminine" investing approach that helps him avoid risks, both as an investor and as a businessman. The positive relationship between the quantum of female directors on board and corporate execution recommends that women seem better directors than men. Ventures that take into account women (retail, managing an account, sustenance) directors are better ready to comprehend clients' needs and wants. Women go to a board with various thoughts, abilities and encounters than their male partners and that this prompts better basic leadership.