Business Today4 min letti
Beauty Technology Meets Precision At Alma
The medical aesthetics industry in India has garnered considerable attention and acceptance over the past few decades. A fast-paced and modern lifestyle, and an exponential increase in the earning potential of the people have fueled the need to impro
Business Today2 min letti
Best Advice I Ever Got
Q: What was the problem you were grappling with? A: In 2005/06, Allcargo Logistics acquired Belgium based ECU-Line, with whom we were formerly associated as an agent. The challenge was to integrate an organisation five times our size and align teams,
Business Today2 min lettiPolitics
Flight To Safety
40.1% Share of equity-oriented schemes in August, down from 40.8 per cent in August 2019 68% Share of individual investor assets in equity-oriented schemes India’s real GDP declined 23.9 per cent Y-o-Y in quarter ended June, taking the size of the ec
Business Today5 min lettiSocial Science
Stagflation, It Is
In November 2019, former Prime Minister Manmohan Singh had, probably for the first time, raised the possibility of India facing stagflation. In a column, the former prime minister, also a renowned economist, wrote: “Continued increase in inflation co
Business Today7 min letti
Farm Truths
Even as the Central government was busy getting legislative clearances for three Bills meant to liberalise India's agricultural trade during the curtailed monsoon session of Parliament, a couple of Farmer Producer Organisations (FPOs) in Tamil Nadu w
Business Today12 min lettiFinance & Money Management
Extreme Stress
The only man who sticks closer to you in adversity than a friend is a creditor,” 62-year-old Harsh Goenka, Chairman of RPG Enterprises, quotes a famous line to describe the current predicament of corporate India whose debt in stressed sectors amounts
Business Today1 min letti
Failing The Stress Test
Sharp Rise in Rating Downgrades Trend of falling NPAs likely to get reversed Sharp dip in economic growth is fully reflected in India Inc. financials BSE-listed companies with high debt (>₹ 1,000 cr), operating losses (PBIT) and low interest coverage
Business Today6 min lettiMedical
Leadership Mantras
It's important to adapt to things. It's important that we don't get our working set in stone. For instance, street food vendors have gone out of business, restaurants have gone out of business, there is a lot more consumption happening at home. Never
Business Today14 min letti
Consumption Gets A Bharat Boost
Ramesh Iyer, Managing Director, Mahindra Finance, was pleasantly surprised to know that his team had disbursed 30,000 vehicle loans in June, a huge increase from April and May when business was almost zero. “We have opened 1,100 rural branches and th
Business Today5 min letti
Southern Might
Kalyan Jewellers’ Chairman and Managing Director T.S. Kalyanaraman’s grandfather moved about a century ago from Kumbakonam in Tamil Nadu to start textile shops in Thrissur, the cultural and economic capital of Central Kerala. In 1972, he inherited a
Business Today8 min lettiCrime & Violence
Pending Resolution
The insolvency proceedings of Era Infra Engineering Ltd are a testimony to everything that is wrong with the Insolvency and Bankruptcy Code (IBC) — a set of laws whose main objective was to revive a debt-ridden company. Hailed as one of the biggest ‘
Business Today10 min lettiWorld
Taking On The Chinese
India’s quest to become self-reliant in telecom equipment began as early as 2012 when the Department of Telecommunications (DoT) came out with a notification to promote domestically manufactured telecom products due to security issues with foreign eq
Business Today6 min lettiTechnology & Engineering
Atma Nirbhar Bharat Is An Opportunity For Us
The 123-year-old Godrej & Boyce, which operates in 10 industries — from complex engineering solutions to consumer goods like appliances, furniture and security solutions — across five continents has had a change of guard. Ever since cousin Navroze Go
Business Today7 min lettiComputers
Business In The Cloud
Federal Bank found a silver lining in the cloud two years ago. This was a period when the financial services industry was undergoing a huge transformation, triggered by a host of fintech companies, right from Google’s payment solutions and home-grown
Business Today1 min lettiRegional & Ethnic
Cooking Up A Storm
As the head of Corporate Affairs and Strategy for Diageo India, Abanti Sankaranarayanan’s task is to deal with complex challenges of the alcohol industry such as high taxation and prohibition, while steering the company’s strategy execution. In her s
Business Today2 min letti
Corporate Stress Test
Stagnant or shrinking economy, high inflation and rising unemployment characterised by ‘Stagflation’ pose one of the biggest economic challenges for recovery. A situation where both monetary and fiscal measures — the tools in the hands of governments
Business Today1 min letti
The Melodious Life
Music touches everyone’s life. But if you are from a family of professionally trained musicians, the relationship with music can be much more serious than that. Rajmohan Krishnan, Principal Founder and Managing Director, Entrust Family Office, used t
Business Today1 min letti
Business Today
Editor-in-Chief: Aroon Purie Group Editorial Director: Raj Chengappa Editor: Rajeev Dubey Group Creative Editor: Nilanjan Das Group Photo Editor: Bandeep Singh Executive Editor: Anand Adhikari Deputy Editors: Ajita Shashidhar, Naveen Kumar (Money Tod
Business Today1 min letti
The Power Of Meditation
In his book, Principles, Roy Dalio says he learnt Transcendental Meditation after the Beatles studied the practice at an ashram in Rishikesh during the band’s visit to India in 1968. “Transcendental Meditation has probably been the singlemost importa
Business Today6 min letti
German Precision For Indian Households
Q Appliances market in India is a highly competitive segment. How does BSH differentiate itself from other brands in the market? How has that differentiation helped you to increase your market share? At BSH we have a three brand strategy in India, to
Business Today2 min lettiComputers
AI Diagnostics
GEETHA MANJUNATH’S entrepreneurship career was triggered by an unfortunate event in her family. For 25 years, until 2016, she was heading data analytics research in Xerox India and as Principal Research Scientist at Hewlett Packard Laboratories. She
Business Today1 min letti
New Dress Code
AFTER ACQUIRING Pantaloons from Future Group in 2012, Aditya Birla Fashion Retail Ltd was struggling to turn around the fashion retailer in the face of stiff competition from cash-rich online platforms and offline retailers. The choice of Sangeeta Pe
Business Today1 min lettiPolitics
Banking For Greater Good
SIXTY-YEAR-OLD Anshula Kant, responsible for Financial and Risk Strategies of the World Bank Group, had cut her teeth in banking in the carpet and silk belt of eastern Uttar Pradesh. Currently, as Managing Director & Group CFO, she contributes to mob
Business Today7 min lettiPolitics
Worst Is Over, V-shaped Recovery Is On”
What is your view on Q1 GDP numbers? This is because of exogenous shock globally. If you look at the World Economic Outlook report, the fraction of countries whose GDP per capita will contract this year is the highest since 1870. Despite that, the im
Business Today1 min lettiComputers
Riding The Apple Cart
TECHNOLOGY GIANT APPLE now has Columbia and Harvard graduate Ipsita Dasgupta to fast-track the company’s streaming and app businesses in India, comprising the App Store, Apple Music, iTunes, iCloud and the recently launched Apple TV+ service. With al
Business Today1 min letti
The Banker For All Seasons
SHANTI EKAMBARAM has been keeping a busy schedule ever since coronavirus hit India. As Group President, Consumer Banking, Kotak Mahindra Bank, she managed to keep 95 per cent of branches open during lockdown. In between, she was also guiding her NGO
Business Today1 min lettiComputers
Securing The Zoom Call
EVERYONE GETS on a Zoom call these days, for literally everything. The company has clearly been one of the biggest beneficiaries of Covid-19, adding billions to its market value and topping 300 million daily subscribers, as it became the default opti
Business Today9 min lettiGender Studies
India Inc.’s Diversity Agenda
In August this year, Axis Bank launched a new hiring initiative, Gig-A-Opportunities, under which it offered full-time job seekers a hybrid workplace. Employees can largely work from home and will have to come to office twice a week. Gig-A-Opportunit
Business Today1 min letti
Poor Women’s Bank
AT A TIME when bigger financial services players are para-trooping into unbanked geographies to give loans, the four-and-a-half-decade-old Shree Mahila Sewa Sahakari Bank is expanding its portfolio to change the lives of poor illiterate women. “More
Business Today2 min lettiCookbooks, Food, & Wine
Burger Queen
A VISIT to McDee's was always about burgers and French fries. But things changed when Hardcastle Restaurants Pvt Ltd, the franchise partner of the Big Mac in western and southern India, added to its menu to include breakfast items and the McCafe, amo
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