Business Today Archive Dec 02, 2007 Issue

Edition: Dec 02, 2007

Cover Story

'Our Goal is to be the #1 FMCG Company'

In a long and freewheeling chat with Business Today’s R. Sridharan and Arnab Mitra, Y.C. Deveshwar discusses this transformation and his plans for the future. Excerpts:
Although it's an all year activity, many of us leave tax planning for the last minute. So if you haven't started yet, though we're still a good four months away from the March 31 deadline, it's better to avoid the last minute scramble.
In This Issue
How tough is it to strategise for a company that sells everything from supercomputers to blade servers to plain vanilla software services—a company that’s more than a century old and has a market capitalisation of over $150 billion?
Performance of 20 companies to watch in 2007 in alphabetical order.
Editor's Note
It was back in 2000 that ITC took its first small steps into apparel retail, launching its first Wills Lifestyle store in Delhi. A year later, the Kolkata headquartered conglomerate entered food retailing.
India is on the threshold of a retail revolution. In fact, it has, in some segments, already traversed some way down that path.
Top Mind
What is it? Android is a recently announced subsidiary of Google that will create a free operating system for mobile phones based on the Linux operating system
Policy Watch
MapmyIndia Navigator, a GPS-based real-time turn-by-turn navigation device with visual map guidance and voice instructions that can operate across India and help people to reach their destinations.
News Maker

Reddy, a 1964 batch officer of the Indian Administrative Service, has been trying for the last six months to preempt the menace of “hot FII flows” and had even suggested a tax on these as a deterrent some time ago.


An out of court settlement reached between Ranbaxy Laboratories, Japan’s Astellas Pharma and Germany’s Boehringer Ingelhelm.

Reporters Diary
Karnataka has hit a ‘green’ hurdle; environmentalists are vociferously protesting its last few mega power projects.
It has been more than a decade since the first wave of consumer marketers came to India in the wake of a newly liberalised economy. Talk to them, and they’ll tell you that they are still searching for the promised El Dorado.
It’s the same story each year. AS the holidays approach, thoughts turn to parties and all the treats and drinks promoted during the season. It might be a good time to review what’s good for you and what’s not.
BT More
The new generation of Bluetooth headsets is all going stereo— thanks to some interesting tweaks in technology.
Printed Circuit
The way humans interact with devices is changing. In the past 12 months, two devices— the Apple iPhone and the Nintendo Wii—have fundamentally changed the way we interact with machines.
On the University of Michigan’s website, C.K. Prahalad’s faculty profile is two sentences long.
Leadership Spotlight

Anil Agarwal has shot to fame over the past 15 years. Like all first-generation entrepreneurs, he started small and turned his metals trading business into a conglomerate of copper, zinc and aluminium assets. Sometime back, he raised $825 million (Rs 3,300 crore) by listing his Vedanta Resources on the London Stock Exchange.

Mike Wareing, Ceo of KPMG International, visited India for a couple of days in October to get an update on the company’s operations and to meet the firm’s business and technology partners.
After the initial fireworks that propelled the market to beyond the 20,000 mark in end-October, things have suddenly taken a volatile turn.
Millions of jobs in the manufacturing sector could vanish due to the dearer rupee hitting exporters across industries. Will things get worse before they get better?
Back of the Book
When Dr Aloma Lobo, a paediatrician in Bangalore, decided to adopt her first daughter 28 years ago, it took her no time to bring Trishia home. In the next 20 years, she adopted two more daughters, Lee and Nisha.
I can understand your dilemma, but what you need to understand is that journalism and hospitality are two very different fields.
A former executive at Hyundai Motor India used to say: “Maruti needs three cars to compete with our Santro”. He meant the Alto, Zen and WagonR. But not any more, since Hyundai now has three cars to fight Maruti’s four products in the compact car segment.

Some remarkable facts about Indian industry’s green initiatives emerge during a panel discussion on climate change. See video of the BT event on climate change

60 minutes
Last year Lloyd Craig Blankfein was nominated as Chairman & CEO of Goldman Sachs by his predecessor Hank Paulson, now Secretary of the US Treasury.

December 30, 2007

December 16, 2007

Dec 02, 2007

Nov 18, 2007

Nov 4, 2007

October 21, 2007

October 7, 2007

Sept 23, 2007

July 1, 2007

July 29, 2007

Sept 9, 2007

August 26, 2007

August 12, 2007

July 15, 2007