Business Today Archive February 24, 2008 Issue

Edition: February 24, 2008

Cover Story

India's best banks

The 14th Business Today-KPMG survey of India’s Best Banks reveals, there’s one bank that continued to roll better than all others: HDFC Bank. Once again, for the fifth year in a row, the Aditya Puri-led bank beat 76 others to emerge as the #1 player in the industry.
Money
The top performers category-wise.
In This Issue
State Chief Minister Bhupinder Singh Hooda wants to turn the $30-billion local economy into a $130-billion behemoth in 10 years. Investors are eager, but Haryana has several challenges to overcome. Shalini S. Dagar and Saumya Bhattacharya tell us why the state is by far the best destination in India.
Editors note
The economy continued to roll in 2007. So, it was natural that the banking sector, which is an agglomerator and early barometer of economic trends, did reasonably well.
Editorial
English proverbs hide more than a grain of truth in them. And, more importantly, they never seem to lose their relevance—even if they go out of fashion every once in a while.
Top Mind
JuiceCaster is a mobile application that allows users to publish multimedia content from their phones.
Policy Watch
The Ministry Of Chemicals And Fertilisers is gearing up for a substantial increase in the fertiliser subsidy bill in 2008-09.
Noted
In an unexpected windfall for P. Chidambaram, there has been a surge in gross tax revenue collections, which are likely to cross the Rs 6,00,000-crore-mark in 2007-08.
Book
A journo takes a look inside the world’s best-known but controversial coffee marketer.
Treadmill
Regular readers of treadmill know that the author of this column isn’t a huge running enthusiast.
Printed Circuit
HCL has launched a low-cost laptop, but it isn’t revolutionary.
BT More
The French have seen Louis Vuitton knockoffs appearing everywhere. The last thing they would want is bad wine being sold under counterfeit French labels.
People
Dilip Chhabria is not letting age slow him down. At 54, after showcasing a concept super-car called the Ambierod at the recently concluded Auto Expo in New Delhi, Chhabria now wants to set up an Auto Design Institute in Pune.
Trends
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 January 2008.
Current
Tata Chemicals is now a global powerhouse in soda ash.
Features
Be it Infosys, Wipro, Satyam or HCL Technologies, the push for growth in geographies other than the US is gathering steam. The Indian IT industry has been reducing its dependence on the US and is likely to continue doing so.
Back of the Book
Paul Basil and his Rural Innovations Network are helping grassroot innovators bring their ideas to fruition—and the market.
Jobs
Firms are tweaking their HR policies to offer never-before incentives, carrots, compensations and growth opportunities to the limited talent pool available. Hiring is a challenge and retaining people an onerous task at the Big Four of accountancy. Saumya Bhattacharya tells us how you can make the most of it.
Letters
Investors have realised that if businesses have to sustain and grow, an Indian agenda is imperative.
Event
Author Chris Zook on what it takes to achieve profitable growth and what lies beneath ‘the core’ of all companies.
60 minutes
India is an important destination for Peter Sands, the Group Chief Executive of London-based Standard Chartered Bank. During his recent trip to the country, Sands spoke to BT’s R. Sridharan and Shalini S. Dagar on global financial markets turmoil and the fallout on emerging markets.

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