Business Today Archive August 10, 2008 Issue

Edition: August 10, 2008

Cover Story

Chronology of events

How it started, and how it’s showing few signs of ending.
There’s nothing like buying stocks for the long haul. Small investors are warming up to futures trading regardless of the risk. But is the futures market for you?
In This Issue
Just when you think the advantage is with one of them, a few thrusts and parries later, it swings to the other. As equations change at the Centre, the battle between Anil Ambani and Mukesh Ambani gets shriller—and more desperate. BT's Suman Layak reports.
Education is a goldmine not just for entrepreneurs but also for the country. With the education industry set to grow, the next wave of entrepreneurial activity is going to be education centric.
Editors note
As the fight between the Ambani brothers shows no signs of abating, our cover story examines how while the protagonists have become more desperate, the impact of India Inc.'s worst battle could queer the pitch, not only for each of their companies but for Indian business, in general, and, well, even politics.
Corporate family battles are rarely amicable. After all, internecine conflicts can get ugly and if the fight happens in the public gaze like the battle between the two Ambani brothers—Mukesh and Anil—it can get even more unsavoury.
Policy Watch
As the rest of the world switches on to next generation telecom networks, India seems to stay well behind the curve, largely due to warring authorities who can’t seem to agree on what should be done and a hysterical defence establishment who guard ‘their’ spectrum zealously.
News Maker
When Wilbur L. Ross Jr decided to invest in distressed Delhi-based low-cost carrier SpiceJet that has been bleeding due to skyrocketing fuel prices, he was once again betting on something that defied the prevailing logic: he sees the sharp spike in oil prices reverting to sub-100 dollar levels in a year from now.
Appointed: R.S. Pandey, as the new Petroleum Secretary. He replaces M.S. Srinivasan, who retires on July 31. Pandey, a 1972-batch IAS officer from the Nagaland cadre, is the Steel Secretary at present. Pandey will have a 17-month stint as the Secretary, Ministry of Petroleum and Natural Gas.
The BT 50 Index
The BT 50 index
BT More
Man Mickael Besse has created magic with chocolates for over a decade. He tells you a few tricks from his armoury.
In weight training, there comes a time when you hit a plateau and discover that no matter what you do you’re not gaining strength or muscle mass. This typically happens if you have been following the same regimen for a while, exercising your muscle groups in the same pattern or sequence.
Printed Circuit
Three new “enterprise” phones are on the market. Are they worth it?
Starring Rod Wallace, MD, Porsche India; SpiceJet’s former Executive Chairman Siddhanta Sharma; Contract Advertising’s Ravi Deshpande; Aditya Birla Group’s Sumant Sinha; Sun Microsystems India’s Anil Valluri and Dr Reddy’s Laboratories’ Kallam Anji Reddy.
There’s plenty the UPA government can still do, subject to several ifs.
Following the strategic sale by the Singh family to Daiichi Sankyo, Ranbaxy Laboratories falls into a regulatory imbroglio with multiple agencies in the US.
The world's largest bank is gasping for breath. Will it now cut back operations globally to put its house back in order, or will it expand in India and China to offset its losses elsewhere?
Back of the Book
Although more than 90 per cent of the world's diamonds are processed in this port city of Gujarat, the industry is facing a multitude of challenges in an ultra-competitive market. The latest: workers are asking for better wages. Business Today's T.V. Mahalingam says the all-pervading joie de vivre among diamond-makers is misleading.
Thanks to Korn/Ferry, companies are now literally tossing the cards to find business leaders. The methodology helps to substantially reduce the chances of a "misfit" candidate and is based on sound research. Believe it or not, this idea isn't as crazy as it sounds. Business Today's Saumya Bhattacharya goes into the details.
Don’t touch my wallet” (BT cover story, July 27) was a timely reminder of the inflationary crisis that is upon us. But what is different this time around is the level of our preparedness and our ability to tackle this hydra-headed monster.
Out of the eight finalists who made it to the presentation round of the TiE-Canaan Entrepreneurial Challenge, three emerged ultimate winners. Check them out.

December 28, 2008

December 14, 2008

November 30 2008

November 16, 2008

November 2, 2008

October 19, 2008

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September 21, 2008

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August 24, 2008

August 10, 2008

July 27, 2008

July 13, 2008

June 29, 2008

June 15, 2008

June 1, 2008

May 18, 2008

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April 20, 2008

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February 24, 2008

February 10, 2008

January 27, 2008

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