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Cover Story

  • Nokia India can ill-afford to bask in the glory of being the biggest foreign-owned company in the country. Key to its lasting success is how it helps its parent make an ambitious transition into services.
  • Nokia's history in services has been a roller-coaster ride with more lows than highs.
Apr 04, 2010
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Editors note From the Editor

From the Editor

Why should a company that controls over 60 per cent of the market for a product look to diversify from that product?
BT More Unbottling magic

Unbottling magic

Arnaud Mirey, Moet Hennessy's Asia-Pacific Regional Brand Ambassador, on cognacs and cocktails.

In her own words

India's best-loved artist's collected correspondence finally arrives in the public domain.

Back page with Mrinalini Sharma

She made such a splash that Bollywood demanded she move from Delhi to Mumbai. Now, Mrinalini is working with some of the biggest names in the business.

The books that shaped my life

Every issue, we ask a prominent business person about the books that made him/her the person he/she is today. This month: Pranab Datta, MD, Knight Frank India.

Calendar

MAR 23-APRIL 23: What's new and what's happening this month.

Tiger, tiger, where are you?

A tiger sighting is a lucky thing but Corbett remains a peaceful getaway.

You are what you eat

Just a change in eating habits can change your mood and your lifestyle.

To foreign shores

You can't plan your summer holidays without taking into consideration the wealth of travel options abroad. We present you a complete package.

Bangalore: Almost there

The city's latest Mediterranean fine-diner is yet a work-in-progress.

Delhi: Lap it up!

The much-talked-about Lap Garden does not disappoint.

Mumbai: One for the suburbs

Mosate is the first mid-range Pan-Asian restaurant to open in Khar.

A steady progression

Some of the leading musical lights of the past decade have come out with stellar new work.

Head for the hills

The Blue Mountains are the perfect antidote for tired lungs and aching feet even if you have just a weekend to spare.

Sheer bliss

The mountains of Tehri Gharwal abound in myths, legends, stories and hospitality.

Speak, memory

Take a few steps back in time to rediscover Shimla, the queen of hills, and the sahibs' summer favourite.

Hot buys

From designer tie-ups to limited edition launches, there's plenty of stuff generating a buzz this April.
Off Track Zesty Z

Zesty Z

We go for a drive in the latest of Nissan's legendary sports cars.
Focus Well said

Well said

"It is best to free the prices. The saved money can then be given directly to the poor through anti-poverty initiatives"

Surpassing China in manufacturing growth

India has been one of the best performing manufacturing economies in the last decade.

Friendly, jobless Spiderman

The prolonged downturn in the US has started to take its toll on our superheroes as well.

BT-Carma CEO watch

India's and the world's most talked-about CEOs in February.

"We have over 235 million active users"

Mark Pincus, CEO, Zynga Game Network, the company that has devised the immensely popular online games, FarmVille and Mafia Wars, was in India recently to open a game development unit in Bangalore.

BT-TAM most watched ads in February 2010

Five celebrity ads—well, make that six, if you include child artiste Darsheel Safary of Taare Zameen Par fame—feature in the BT-TAM list for February.

IPL brand value soars

The bids for the two new Indian Premier League (IPL) teams may have come a cropper in the first round, but it wouldn't unduly worry Lalit Modi.

Still a man's world?

A clutch of women is successfully storming male bastions at the workplace.

Gizmos to save Tax

If you're self-employed, there is considerable overlap between your workplace and home.

Evolved marketing for an evolved consumer

A demanding consumer will ensure that advertising no longer remains discreet and polite. Overt comparisons with rival brands may well become the norm.

Flying out of the clouds

Indian aviation is finally showing sure signs of recovery.

Ideas for the next decade

The India Today Conclave saw global achievers debate the opportunities and the challenges ahead in the new decade.

India Inc.'s tryst with Twitter

A study by Iffort (a web strategy and digital marketing company) of 66 brands from nine different industry verticals reveals that there are several companies which are using Twitter for brandbuilding and marketing.

LSD postcards and dead actresses

A look at how Tinseltown is boosting box-office collections.

We can't be afraid of the online medium, we have to embrace it

Cathleen P. Black, President, Hearst Magazines, (which includes such brands as Cosmopolitan, Harper's Bazaar, Marie Claire and Esquire) was in the country recently.

India's 'small' big malls

The scores of malls dotting the urban Indian landscape demonstrate their growing mass appeal. In the last five years alone, the number of malls in India has more than doubled to about 600.
Special Straddling worlds

Straddling worlds

"I will try to run the North Pole Marathon in 2011," says Ajay Khandelwal, CEO, Jubilant Energy. He has run the London Marathon and a few half-marathons.

The Tsunami moment

A. Ananthanarayanan had come down from Bangkok to Chennai on work in December 2004 when the killer tsunami battered India's east coast and Southeast Asia. More young executives

Network king

In 1997, two years after graduating in telecom engineering, Amit Dhingra moved to Europe with Siemens Telecom (which later merged with Nokia Networks to form his current employer).

Creative Queen

At a time when family soaps ruled, Ashvini Yardi changed the game at Zee by coming up with a serial —Saat Phere- Saloni Ka Safar. Photos of young executives

Making history

Don't waste time looking for the BTech or MBA stamps in Brotin Banerjee's CV.

Content provider for all

His career in the media industry began not by choice, but by chance. A summer job, to be precise, at Prime Sports in 1996. Deepak Dhar, Managing Director of Endemol India, says: "That summer hasn't gotten over yet for me." He joined Endemol in 2005 as creative director.

Perseverance pays

Nine years ago, Deepak Munganahalli was sent to head the Indian operations of offshore drilling major Transocean with a clear brief: Take a hard look at the business and shut it if needed.

PE champ

Working at JP Morgan's private equity (PE) fund business at Singapore was just his cup of tea, Gaurav Mathur realised after switching from 80-90-hour weeks as an investment banking analyst at Deutsche Bank.

The Alchemist

Unconventional is an understatement for Gautam Bhandari.

Talent builder

Inside his fifth-floor office in Hyderabad's HiTec City, Hari Kumar is busy trying a putt.

Team builder

He started his career selling engineering equipment, excavators and cranes. Today, Karthik Sarma is the Chief People Officer of WNS—a talent scout and organisational catalyst.

Passion for making money

Soaring growth sums up Kenneth Andrade's rise from running a Rs 30-crore equity portfolio in 2002 to managing Rs 3,000 crore of equity funds and overseeing an equity and bond corpus of Rs 25,000 crore today.

The transformer

Hop, step and jump jobs, and a hot-shot can expect to become a CEO in his 30s. But Mahendra Jain did it the hard way: Within the same firm.

No kidding, please

It was not her ability, not her gender, not her qualification, but getting past her youth that has been a challenge for Pooja Gupta.

Crunching numbers-and chocolate

 Rahul Murdeshwar's toughest moment was in 2008, when he and a colleague had to set up Hershey's venture with Godrej in India.

Shaping up, shipping style

Ask Rizwan Soomar about the number of days he travels in a year, and there's an uneasy pause.

Bitten by the legal bug

As head of securities law and private equity practice at law firm JSA and a member of the Takeover Regulation Advisory Committee of the Securities & Exchange Board of India (SEBI) it is natural for Somasekhar Sundaresan to be hard-pressed for time.

On the ball

Behind Sundar Raman's nonchalant demeanour lurks a tough negotiator who knows every blade of grass of his pitch.

Top floor, please

With a Bachelor's in political science and Master's in social work, Shubha Arora could have joined the media or the social sector.

Starting out, again

At a time when the pillars of global investment banking had started to shake, Sidharth Punshi had two choices—relocate to Goldman Sachs India or take the top job at Jefferies India to set up its India operations.

Model CV

Vaishali Kasture's CV bristles with big names and key postings —Citibank, then stints with HP (formerly EDS) business MphasiS and in Japan and Hong Kong. Pics of young executives

A balancing act

For Vivek Pandit, life is a constant balancing act.

India's hottest young executives

Business Today's sixth listing of the young trailblazers who are setting the benchmarks for success in India Inc. See them in Pictures

They're still blazing a trail

Yesteryear's HYEs may not be so young any more but they're even hotter now.

Hot blood at the top

More and more businesses today are being headed by professional CEOs in their 30s. What do they bring to the table that is making them the darlings of promoters and boards? See pics
Utility People, places and products

People, places and products

Here's a look at the people, places and products doing the rounds these days.

Thinking job change?

Do your homework well. One bad move can mess up your entire career.
Features Will the fizz last?

Will the fizz last?

A clutch of third-party manufacturers made it big in the downturn, as organised retail fought for better margins and customers looked for bargains. What next?

"I have brought in accountability"

To achieve his target of building 20 km of national highways per day, Highways Minister Kamal Nath seems to have it all figured out—he's made remarkable progress in untangling the vexatious issue of land acquisition, he's overhauling the way the National Highways Authority of India (NHAI) works, and he's talking about introducing new technologies to speed up the pace, and improve the quality, of highway development.

Luxury's next frontier

Nearly a third of India's 84,000 dollar millionaires live outside the big cities, but that isn't stopping them from acquiring the best things money can buy—yachts, luxury cars, bespoke suits and limited-edition watches.

Tigers Vs Woods

...yes, that's a teaser heading on the latest Idea and Aircel ads. As both brands latch on to environmental hot topics, BT asked two experts to cast their vote.

The Budget surprises you missed

What's the value of all the cars the government owns? Why has the Centre given up on downsizing? Read about these factoids and more.

Target: 7000 km

That's the milestone Highways Minister Kamal Nath wants to cross every year for the next five years. That works out to a daily average of 20 km, more than double what the country has ever achieved. Is the minister serious?
Technology To touch or not to touch

To touch or not to touch

Should your next computer have a touch screen?
Columns Realising GST's potential

Realising GST's potential

Uniformity in application of tax on all goods and services is most important.
Case Study Can Chennai's Mass Rapid Transit System revive itself?

Can Chennai's Mass Rapid Transit System revive itself?

Chennai's MRTS carries just about 10 per cent of the commuters it was meant to, making it a case study in bad urban infrastructure planning. What can revive it?
Money Bogged down by demat?

Bogged down by demat?

Getting share certificates dematerialised can sometimes become an exasperating journey. BT alerts you about the key hurdles along the way.
Letters Demystifying the Budget

Demystifying the Budget

Making sense of the Budget (Welcome to UPA's New Economic Order, March 21) reminds me of the story of the three blind men strugglingto describe the elephant from touching different parts of its anatomy.
Jobs After jobs, pay hikes are back

After jobs, pay hikes are back

Sectors worst hit during the slowdown make a fast recovery.
Leadership Spotlight Leaderspeak: Harsh Manglik

Leaderspeak: Harsh Manglik

Here are excerpts of a small Q&A with Harsh Manglik, Chairman & Geography MD, Accenture India.
Book Generation G

Generation G

What will it take for India, currently the 11th largest economy in the world, to become an advanced economy in one generation? This well-produced ADB study has answers that will be of interest and use to businessmen doing long-term planning.
Back of the Book Are you being appraised right?

Are you being appraised right?

A peep into methods of performance evaluation shows a shift from pedantic to plain. And, it's all about managing expectations right.