Business Today Archive August 24, 2008 Issue

Edition: August 24, 2008

Cover Story

How to build 30 of the Fortune 100 companies out of India

Of the Fortune 500 companies, just seven are Indian. There isn’t a single Indian company in the top 100. The highest ranked Indian company is a state-owned enterprise, IndianOil Corporation, which comes in at the 116th position.
Money
Dynamic fund of funds switch between asset classes depending on market conditions. But are they good investments?
In This Issue
An India that's home to 30 of Fortune 100 companies, the world’s largest pool of technically-trained manpower, and Nobel Prize winners in arts, science and literature? That’s management guru C.K. Prahalad’s dream for India@75, and he’s got a plan how to get there. A Business Today exclusive.
Special
Our fifth annual survey of the companies who have managed to put a smile on their shareholders’ faces and delighted them the most.
Editors note

Imagine 14 years into the future. The year is 2022. Independent India turns 75. At least 30 Indian companies are on the Fortune 100 list; India accounts for 10 per cent of global trade; it has a base of 200 million college graduates; and is a chief source of all global innovations. In an exclusive article written specially for Business Today, C. K. Prahalad, who is one of the world's best-known and most respected management thinkers, lists six possibilities and goes on to show how India could, indeed, achieve them.

Editorial
The potential to become a far more powerful and prosperous nation existed back then, and it exists now. What it requires, as management guru C.K. Prahalad writes so eloquently in our cover story, is not analysis but imagination.
Top Mind
What is it? It is a free SMS service that Peekamo has launched in India. It works on any mobile phone capable of text messaging or on any data-enabled PC or Mac anywhere in the world.
Policy Watch

The government is gearing up to radically alter its approach to disinvestment. With the Left out of the equation, moves are afoot to offload equity in some big PSUs. OIL (Oil India) and hydro-power generator NHPC are on top of the list.

News Maker
He may never be cricket’s comeback man, but with his recent election as President of the Cricket Association of Bengal, Jagmohan Dalmiya has proved to be cricket administration’s comeback man.
Deal Watch
Every month, we bring you a listing of the biggest deals struck by Indian companies in India and abroad. Our partner: global professional services firm Ernst & Young. Here are the deals that were struck in July 2008.
Reporters Diary
Banks are proliferating at a rapid pace in the Sivaganga district of Tamil Nadu. Over the last two years, 28 new branches have been opened and five more are likely to commence operations soon. N. Madhavan checks out if this would improve the quality of life of the people in this district.
BT More
We take a look at two gripping books—a work of fiction and another based on true events—which take us through the thrilling, though often horrifying, journey of life in a world where terror and terrorist attacks are everyday occurrences.
Treadmill
Sometime last year I acquired a Nike+iPod and my workout regimen changed completely. After the Nike+, I’ve become an enthusiastic runner. Maybe it’s because of the music plus the live data on my runs delivered discreetly via audio.
Printed Circuit
Data storage has never been smaller.
People
Starring: Rupert Murdoch, Chairman, News Corp; DMRC’s E. Sreedharan; Mohan Sekar, President and COO, Collabera; Unilever’s Vindi Banga; HUL’s Harish Manwani; NDTV’s Rohini Nilekani; and Commerce Minister Kamal Nath.
Leadership Spotlight
Cricket has always been his passion. Though N. Srinivasan has been involved with the sport for many years in various administrative capacities, he had kept it away from his business. But this year, he decided to bid for, and bagged, the Indian Premier League’s Chennai franchise for $91 million (Rs 391 crore).
Trends
Current
Even as the world waits expectantly for the Nano, farmers who sold their land for the project now want it back. Will the world’s cheapest car be late coming?
Features
Serum institue has perfected the art of low-cost, high-quality vaccines.BT takes a look at the company’s DNA.
Back of the Book
The entry of large oil and gas companies is changing this desert district in Rajasthan and promising its people a better life. Barmer's economy seems to be thriving. Kapil Bajaj reports.
Columns
Mohnish Pabrai and his friend Guy Spier paid $650,100 to dine with the world’s best-known investor. This is what they took out from their three-hour lunch. A Business Today exclusive.
Jobs
As the reality of a slowdown bites the hitherto fast-growing IT industry, employees and employers need to realign their goals.
Letters

December 28, 2008

December 14, 2008

November 30 2008

November 16, 2008

November 2, 2008

October 19, 2008

October 5, 2008

September 21, 2008

September 7, 2008

August 24, 2008

August 10, 2008

July 27, 2008

July 13, 2008

June 29, 2008

June 15, 2008

June 1, 2008

May 18, 2008

May 4, 2008

April 20, 2008

April 6, 2008

March 23, 2008

March 9, 2008

February 24, 2008

February 10, 2008

January 27, 2008

January 13, 2008