Last year, only Unitech made it to the top 100 list. Several real estate companies have listed on the exchanges since then. Backed by apparently endless investor appetite, these companies gained sharply in the market capitalisation sweepstakes, but is this appreciation durable?
This year's BT 500 list of India's most valuable companies reflects the overall bull run on the bourses. But as we analysed the market cap of the BT 500 companies, some distinct trends emerged, which our special cover package will help you discern.
Ah! To own that ultimate luxury on wheels-feels like heaven, doesn't it? So, what stopping you? Check out what's on offer from the BMW stable. BT More test drove all of them and came back mighty impressed. Kushan Mitra
Long misty days and icy winds are often the norm if you are going up north for a holiday this winter. But hey, that’s no reason to worry, as long as you have the correct set of second skins. This issue, we tell you about two winter icons—the parka and the overcoat.
So, you know your Bahama Mama from your Mint Julep but would like to improve your knowledge on the right cocktail glass to serve the poison? Here's a look at the glasses that can make or break your cocktails.
There is a nip in the air and this is indeed the time to throw those lavish garden parties. And what better way to impress your guests than to mix some exotic cocktails that are particularly suited for winter. BT More sweet-talked a few experts to share their secret cocktail recipes for our readers.
Spending the weekend relaxing at home and don’t really have anything to read? Here are excerpts from three new books—all of which take you on journeys not just to different lands but also to different eras.
They are expensive and delicate. And faulty storage can turn your favourite red wine into vinegar. So, what do you do if you don’t have a cellar at home? Read on and pick up a few crucial tips on how to store your wine as well as other liquor bottles.
Private equity investors are reaping a rich harvest. According to data from Venture Intelligence, a firm tracking VC and PE investments, there were 58 PE exits in the first nine months of 2007 (40 during calendar year 2006). Of these, 14 were via the IPO route, the same as in the previous year.
Sonny Sannon, President, MasterCard Worldwide, South Asia, Middle East and Africa (SAMEA), was in India recently to celebrate 25 years of MasterCard here. He met BT’s Mahesh Nayak and discussed his plans for India. Excerpts:
Three of the largest us wholesalers of generic drugs, Mckesson Corporation, Cardinal Health, and AmerisourceBergen, are talking to Tier-II and Tier-III FDA (Food and Drugs Administration)-approved plants in India to source drugs from them.
Here’s some bad news on the outsourcing front. A Gartner study says companies lured into outsourcing by the promise of cost savings, the primary reason for travelling down this path, are getting into long-term problems that outweigh any short-term gains.
It may be irritating for many consumers, but even as many of us frown when we receive SMS ads on our phones, advertisers say there is great potential in this new medium. Mobile advertising or Mads is the new buzzword in the Indian marketing sphere.
We were just wondering how India’s first “manufactured” limousine, the Tata Indigo XL, has been doing. It was supposed to make buyers of Honda Civics and Skoda Octavias think twice because it offered huge amounts of legroom and lots of fancy features.
A study by insurer AXA Asia Life has revealed that 82 per cent of the “mass affluent”—the top 25-35 per cent of the population—in India have neither started planning for, nor taken care of their retirement needs.
Over the last one year, the problem was one of freeing air waves from the defence forces to improve civilian telecom services. Even as this problem is being resolved, there is a new one—that of allocation.
To gather a crowd is a basic qualification for a grassroots politician. Panchayati Raj Minister Mani Shankar Aiyar is going one step ahead—getting them to Delhi. And no small pack—he has invited all the village heads across the country later next month.
Take the top three automotive companies by market cap (Tata Motors, Maruti Suzuki and Bajaj Auto) and pit them against the top three real estate companies, DLF, Unitech, and Housing Development and Infrastructure.
Providing financial services to loaded Indian consumers is cool. What’s even cooler is distributing financial products— and every bank and broker worth its net worth is aiming for a slice of the estimated Rs 20,000-crore pie.
It’s a trend that’s increasingly becoming prominent. Multinational corporations (MNCs) that have been in the country for years and years with precious little to show for their efforts are finally beginning to make the big moves in a local market that’s hit a tipping point.
Margin funding is a double-edged sword—while boom times can double profits, busts double your losses. Brokers are ready with margin credit to increase their volumes and at the same time, provide leverage to their customers.
The auditorium of Mumbai’s Welingkar Institute of Management filled to capacity to watch the brightest B-school minds from the West Zone battle it out for a spot in the finals of the national B-school challenge.
Much before Orkut and Facebook made social networking au courant, Sulekha.com— at the height of the dot.bust in 2001—launched its practical and selective online community that worked on a need-based, pull model in the US.
Russell E. Planitzer’s pet peeve these days is poaching. The CEO & Chairman of NewRiver, a knowledge process outsourcing (KPO) firm operating out of India, says the aggressive overtures of the bigger Indian IT firms are affecting his ramp-up plans.
In April this year when AOL launched its India portal, many said it was quite late in coming to India (compared to global rivals like Yahoo, Google and MSN, or even Indian players like Bennett Coleman’s Times Internet and rediff. com).
CIRCA 1970. Three professionals, with a seed capital of Rs 3 lakh, set up a precision engineering company. Government entities are its customers. Today, valued at Rs 1,000 crore, this Hyderabad-based company, MTAR Technologies, makes precision machined parts for nuclear power reactors.
This is one platform that keeps showing signs of resurrection every few months. Reliance Communications (R-Comm) recently signed an agreement (worth $500 million) with Microsoft to deliver IPTV in India on the Microsoft Mediaroom Platform.
It began with a small sit-in demonstration and chakka jam convened by the All India Minorities’ Forum and an organisation called Furfura Sharief Muzhaddia Anath Foundation to protest the continued presence of Bangladeshi author Taslima Nasreen in India (and Kolkata).
What’s the surest way to ensure that India misses its telecom target of 500 million wireless connections by 2010? Just continue waffling about spectrum, infrastructure and rural connectivity as we currently are.
The International Innovation Initiative (I3 or I-cubed) will make it easier for researchers at MIT to get venture funding for their projects. According to Hockfield, the initiative aims to help address world problems such as climate change.
By the time this magazine hits the stands, Subhash Chandra’s Indian Cricket League would have showcased its debut Twenty20 match in Panchkula (Chandigarh), with Chandigarh Lions squaring off against Delhi Jets.
It is what one could call a lose-lose deal. Unable to overcome protests from middlemen and traders in Uttar Pradesh, Reliance Retail has decided to discontinue its fresh produce business under the Reliance Fresh brand in the state.
The latest foray of Rs 1,000-crore Apollo International Ltd (AIL) is into logistics. Apollo Logi-Solutions (ALL) is the sixth diversification of AIL, which is a part of the $1.2-billion Apollo Group (that has major interests in tyres and healthcare).
The exit of two high profile CEOs—Charles Prince of Citi and Stan O’Neal of Merrill Lynch, thanks to an estimated $400- billion global subprime mortgage losses— is a stark reminder as to how a lack of understanding of risk can pose a big problem for the banking sector.
It’s a space many media and advertising houses want a toehold in. With good reason. If projections of media services major ZenithOptimedia are anything to go buy, the online advertising market in India is expected to touch Rs 2,250 crore by 2009.
It’s all about thinking big. That’s what drives Venugopal Dhoot, Chairman and Managing Director of the Videocon Group, who is in the race to acquire the London-based Burren Energy, valued at nearly $4 billion.
Ten years ago, Barry Bateman realised, there was space for a new global consumer finance brand. A decade down the line, Fidelity International is managing assets of $299.4 billion outside the America with a sizeable presence in Asia-Pacific. As Bateman explains, India and China will be Fidelity’s growth drivers over the next 15-20 years.