Sunil Mittal has fought many a battle, and emerged on top every time. He's now readying for the biggest scrap of them all. It is precisely this kind of brand loyalty among people in villages and smaller towns that helped TVS XL touch the 10-million sales mark last year, the second two-wheeler brand in India to achieve this milestone (besides Hero Splendor). In the eight years that Romesh Sobti has been in the driver's seat, the bank has increased its profit from Rs 75 crore in 2007/08 to Rs 2,286 crore in 2015/16. Under Sunil Duggal, Dabur's revenues have risen sevenfold, while profits have soared almost 20 times. While doing this, he has laid down a template for India Inc. on how to professionalise a family-run business. The book equips the reader to look at the world economy more pragmatically,and draw the right inferences. Norwegian Business Association India (NBAI) Chairman, Richard Chapman, speaks to Joe C. Mathew about the business landscape in India. Business Today readers share their feedback on the magazine's coverage. How social media platforms can keep fake content in check.
BlackBerry brings the DTEK 50, a sleek new mid-segment smartphone that runs on Android. India moving towards digitisation is evident. However, constant fall in its Networked Readiness Index rank shows weakness in its potential to leverage information and communications technologies for social and economic gains. Here are some of the must-have accessories and tech hacks while driving on the road.
"There might be liquidity concerns in the near term, but the long-term outlook for realty is positive" "There are a lot of factors that will help predict the likely price trajectory of gold in 2017. Here's the lowdown" "It is impossible to predict markets but foundation has been laid for strong corporate profitability" "Customers will benefit from higher-quality offerings in under-penetrated product segments like long-term savings and annuities" "In the near term, it is likely that rates and bond yields will remain low" "Insurers are trying to reduce the gap between the medical spends in the country and what is covered under health insurance"
As an impact investor, the foundation catalyses market shifts through pioneering investments, which bridge gaps that have not yet been addressed by the market for a low-income population. Our objective is to create positive impact through market-sustainable models.
BT-PwC list of India's top 100 CEOs 2016 After exporting bed linen for almost three decades,Anil Jain of Indo Count is now creating his own brands. The 2016 BT-PwC India list of India's Best CEOs throws up new champions. C.P. Gurnani is leading Tech Mahindra's transformation to digital, its biggest change management project in recent times. India's biggest private sector port infrastructure company is on an expansion spree. Kenichi Ayukawa has taken India's automobile market leader where it feared to tread earlier - success in premium cars. Business Today's fifth annual ranking of India's best CEOs. H.M. Bharuka's drive to take the staid Kansai Nerolac into the world of decorative paints has taken the company places. How Nishi Vasudeva steered oil behemoth HPCL through a tricky time of falling crude oil prices. O.P. Puranmalka's leadership has given UltraTech cement an edge over competition. Torrent Power is present in power production, transmission and distribution, and is now investing in renewable energy in a big way. Punit Goenka is leaving no stone unturned to ensure that Zee Entertainment becomes the largest media and entertainment company in emerging market. Ramesh Kumar Dua has taken Relaxo Footwears to great heights despite strong competition. R.D. Shroff's M&A strategy has grown UPL manifold. Torrent Pharmaceuticals was a late entrant to the US, but Samir Mehta has led it to fast-paced growth in that market. Will international business be more connected by free flow of ideas, people and trade; or will we see the drawbridges of protectionism being erected afresh? Shobhana Ramachandhran has taken TVS Srichakra to the top of the list of tyre suppliers to OEMs. Siddhartha Lal has continued to whet the appetite of consumers for Royal Enfield motorcycles.
A slew of reform measures is not only expected to even out builder-buyer differences, but also build a better future.
A host of digital initiatives promise to make your life easier in 2017.
Stock markets to be under pressure for a few quarters, but buy now for decent gains in the long run
Demonetisation has led to a Rs 2,000-crore loss for the advertising sector, but it could lead to prudent spends. Withdrawal of high denomination currency notes has the parallel financial system in a quandary, severely affecting lives in rural India. The equity markets are likely to remain weak in the near term given the uncertain impact of demonetisation on corporate earnings.
The book attempts to elucidate the complex regulatory environment in India when doing business.