Business Today Archive March 9, 2008 Issue

Edition: March 9, 2008

Cover Story

Business Today-Synovate India pre-Budget poll

The Budget is not going to be easy for the Finance Minister.Not because it is expected to be an election budget, fraught with all the attendant expectations - from recalcitrant allies to tax-payers to deprived India, which, justifiably, wants its share of the boom.
Money
Amid worries of a growth slowdown, many companies are still making plenty of money.
In This Issue
Rajiv Singh is taking India’s leading real estate company DLF places, quite literally. After making successful forays into insurance, hospitality and retail, the company, it has bagged the Indian Premier League (IPL) title sponsorship rights.
Special
Massive capacities being set up by Hyundai, Tata, Maruti and others will enhance India's competitiveness in the global market and make it the hub of the world in the small car segment.
Editors note
It's a tricky year to be Finance Minister and have a Budget to present. On the one hand, after a dream run, the Indian economy is showing telltale signs of what could be a slowdown.
Editorial
Finance Minister P. Chidambaram is under tremendous pressure—to deliver a Budget that keeps everyone happy. There is, after all, the small matter of 10 state elections later this year and the general elections in 2009.
Top Mind
 It is a standard, run-of-the-mill Virgin Atlantic Boeing 747-400 with unmodified General Electric CF6 engines that will run on a 20 per cent blend of biofuel.
Policy Watch
The Finance and the power ministries are at loggerheads over the new mega power policy. BT learns that the Finance Ministry has refused to extend tax concessions to captive power plants (CPPs) and merchant power plants (MPPs).
Noted
Nariman Point in Mumbai, as the fifth costliest central business district in the world, by global consultancy firm Cushman & Wakefield. Connaught Place, Delhi, also climbed to #10, from 12th place a year ago.
Reporters Diary
A genetically-enhanced chicken breed is egging on poor villagers in rural Uttarakhand to take up poultry farming, discovers Kapil Bajaj.
Book
An indulgent look at the life and times of one of India Inc’s most colourful characters.
Treadmill
The bench press is the most macho of all the exercises that men do in the strength room. There’s nothing that gives men more satisfaction than to lie down on a bench, grasp a barbell well-laden with weights and push it up and down.
BT More
Indians, somehow, are still chary about ordering a good Napa wine when they are entertaining. Maybe, it’s because American wines tend to be in short supply and more expensive.
Printed Circuit
Forget the Simputer, the mobile computer is here. In fact, it has been here for a while.
People
It’s an honour that seems to have come a little late in the day. Among the innumerable feathers in his cap, Sunil Bharti Mittal, Group Chairman and CEO, Bharti Enterprises, has added another— the GSM Association Chairman’s Award 2008.
Trends
The BT 50 index
Current
The Indian tech market could touch $24.3 billion by 2011.
Features
Anil Ambani’s Reliance Power has the most aggressive plans of all power players and investors are willing to repose faith in the premium for the Ambani surname. K.R. Balasubramanyam finds out whether Reliance Power has bitten off more than it can chew.
Back of the Book
The family that works together stays together. That's the new BPO story unfolding across India.
Jobs
FMCG, realty, financial services and IT companies are paying the highest CEO and managing director salaries, reveals the fourth quarterly survey by BT-Omam Consultants.
Drive
The ‘new’ Scorpio has lots of new toys and handles well, but, on the flip side, looks as boxy as before.
Letters
Kudos for a great issue on best banks. I, however, have a point to make. While ranking the banks, you should have also considered the views of the customer and considered paramaters like the most user-friendly bank, how the bank fares on customer satisfaction, the time taken to deal with complaints to the customer’s satisfaction, the number of complaints recieved, etc. I hope your survey next year factors in these issues.
Event
BT-Honda Pro-Am’s Western Regional round brought to the fore the golfing skills of some of the big boys of business.

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