- The market cap of most cable companies has soared thanks to the digital access system and a transparent revenue model. But their challenges are not over.
It is difficult to estimate the size of the industry, given that it is not organised. Tattoos studios typically charge Rs 1,500 for the first square inch, and Rs 500 for every additional square inch. Interestingly, growing demand does not seem to have affected prices. Red Bull, the world's largest energy drink company, still dominates the market, having entered 12 years ago, enjoying a 75 per cent share. But it is being increasingly challenged by the likes of Tzinga, Cloud 9, KamaSutra, Restless and Burn. Business has grown 21-fold in nine years, thanks to low-key MD Gautham Pai's talent for teaming up with strategic investors. Luxury cars account for just one per cent of India's automobile market, but automakers are betting on smaller cars in this segment to bump up sales. India is the world's largest hatchback market with 1.8 mn cars rolling out of its factories a year.
Market experts say books are unlikely to go the same way as music any time soon. India's books market, barring educational books, is valued at Rs 1,600 crore and is part of an estimated Rs 3,500-crore books-music-stationery industry Their viewership is up more than 40 per cent in the past year, thanks to the Digital Access System. Digitisation gives viewers access to more than 10 English-language entertainment channels, and the transmission is of higher quality. A number of women leaders have made it to the corner office in the past year. Interestingly, the state-owned banks have been in the lead in promoting them to the top job. A list of the best known among them. The only way to curb the fiscal deficit would be through massive expenditure cuts which would hurt growth, considering cutting back on subsidies is off the radar, at least until the general elections are over. The CBI has become exceptionally proactive in its coal scam probe ever since Ranjit Sinha took charge, fuelling corporate fears of a witch hunt. Sinha is personally overseeing the investigations into the Supreme Court monitored probe of the coal scam. India sits on some of the world's biggest deposits of iron ore, coal and bauxite, but look at how disastrous our mineral-exploitation policies have been. I expect to see recovery in the coming quarters. Exactly how much... is difficult to predict. But we are definitely on a turnaround pathMontek Singh Ahluwalia, Deputy Chairman, Planning Commission, in Businessworld A free office suite app, LG's new smartphone and a convertible which can be used four ways
Social media, and all the likes and retweets that come with it, is very good for the ego. But is there any way to measure how much impact your 140 characters of sarcasm, or the Instagram of your last Italian meal, had on your peers? Yes indeed, there are many.
Despite the downturn, banks continue to recruit liberally. According to various industry reports, hiring in the sector is likely to rise further - over a million in the next five years - because a large number of bank employees are reaching retirement age.
SEZs are a perfect fit for large global funds with low risk appetites looking to invest in ready assets that can generate steady returns from the beginning because of assured rentals from blue-chip companies.
Business Today Editor Chaitanya Kalbag shares how the rankings of India's top 500 companies have thrown up more than their share of surprises this year.
Yogesh Malik, CEO, Uninor shares details about his first role model, job, boss, promotion and disappointment.
Starring: Lakshmi Pratury, Henri Holm, Humza Yousaf, Apurv Bagri, Faisal Husain and Krish Ramakrishnan
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Eleanor Catton (right), 28-year old author from New Zealand, won the Man Booker prize 2013 for her novel, The Luminaries. She is the youngest to win the coveted literary prize. The sole Indian-origin author competing, Jhumpa Lahiri, lost out.
A tell-all account of how politicians, unions and its servile chairmen destroyed Air Indi.