Business Today Archive July 15, 2007 Issue

Edition: July 15, 2007

Cover Story

BPO's young & troubled

An alarming number of young BPO workers are sinking into a world of crime, drugs, and promiscuity. It's an unprecedented workplace phenomenon that's testing their employers. Here we take a look at what actually goes on in the lifes of those working in BPOs.
Money
Tax planning can be a breeze if you take the right steps early enough.
In This Issue
Big-screen TVs, game consoles and home-theatre systems — home entertainment is a lot more than just staring at a television for hours on end. It is about having fun, but now fun is available in crystal-clear highdefinition with 7.1 surround sound and in massive screen sizes.
Special
Indian hospitality groups have been making desultory acquisitions abroad. That may not be enough to produce an Indian Four Seasons.
Editors note
In the six or seven years since the BPO industry in India began in its full-blown form, the job choices available to middle-class youth have exploded.
Editorial
What you see in what you see can make all the difference. This is how Y.V. Deveshwar, chairman of ITC, once explained why his company started what became one of the most revolutionary ideas in Indian business— e-choupals. Choupals have existed for centuries as a place where village elders meet to deliberate on issues at hand. In 2000, ITC started linking some of these choupals via a computer and Internet (the e) to urban or even global markets. In one step it transformed several villages, turned the idea of digital divide on its head and proved that philanthropy can be profitable. ITC saw in choupals what others couldn’t.
Top Mind
Want to know what's new in the field of technology? Click to find out.
Policy Watch
News Maker
The highest paid actor in the country, his pay cheque per movie, at Rs 25 crore plus a share of the revenues, puts him well ahead of his peers in Bollywood.
Noted
Here's a short summary of what happened, where and how in the past few days.
The BT 50 Index
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Reporters Diary
Work on Tata Motors' Rs 1-lakh car plant is progressing fast at Singur. And contrary to popular perception, the agitation against it is slowly petering out. Ritwik Mukherjee reports from the spot.
BT More

Six key members of the World Trade Organization-the US, EU, Brazil, India, Japan and Australia-have failed to take forward the Doha round of world trade talks. The trade ministers met in New Delhi in the second week of April. In a joint statement, the countries agreed to set a new timeline for completing the talks, which they said they aim to finish by the end of this year. Here's a review of trade talks, the hurdles, and what's ahead.

Treadmill
The best thing to do after a vacation is to plot your strategy to get back on your workout regimen.
Printed Circuit
It's economics for most. For others, the future of commodities is written in the stars.
People
The prospect of parting company with his pets Bruno and Sheru is upsetting Chandramani Singh, 39, who's headed for Shenzhen, China.
Leadership Spotlight
This time the spotlight is on UB Group chairman Dr Vijay Mallya.
Market

“Acquisition of the UK-based J.L. French will add Ford, Land Rover, and Peugeot to its client base. With 32% compounded EPS growth between 2005-6 and 2008-9E, the stock trades at a P/E of 10 times on 2007-8 and 8.6 times on 2008-9 E earnings. We maintain our ‘Buy’ recommendation.”

Trends
Attrition levels in Indian industry as a whole are higher than 20 per cent at present.
Current
Its flagship looks beyond Tulsi and the saas-bahu formula.
Features
M&M, HDFC, Aditya Birla Nuvo and others all have subsidiaries and associate companies that promise to outshine them in the near future.
Back of the Book
Past positions: Part of the portfolio management services division of Kotak Mahindra.

Investment mantra: Think big and back ambitious promoters.

Best call over the past few months: Contract research and manufacturing services (CRAMS) and engineering sectors.

Jobs
The standard chunk of Lorem Ipsum used since the 1500s is reproduced below for those interested. Sections 1.10.32 and 1.10.33 from "de Finibus Bonorum et Malorum" by Cicero are also reproduced in their exact original form, accompanied by English versions from the 1914 translation by H. Rackham
Letters
Big losses? Think market crash, companies going bankrupt, bank robbery…think financial mistakes. Yes. Investor mistakes stack up to cost much more than you think. And we aren’t even talking about the more complicated equity-related ones like mis-timing the markets.

December 30, 2007

December 16, 2007

Dec 02, 2007

Nov 18, 2007

Nov 4, 2007

October 21, 2007

October 7, 2007

Sept 23, 2007

July 1, 2007

July 29, 2007

Sept 9, 2007

August 26, 2007

August 12, 2007

July 15, 2007