Business Today Archive July 1, 2007 Issue

Edition: July 1, 2007

Cover Story

Are Indian CEOs overpaid?

With new industries and businesses taking off, the war for top management talent has pushed CEO salaries to record levels. But the fact is, not every CEO is getting paid obscenely and certainly not as much as what some CEOs in the US take home.
They grow fast and often provide multi-bagger returns for investors. Here's how to profit from them.
In This Issue
Two and a half years into her stint as the MD of biscuit major Britannia, Vinita Bali has got growth back. But where are the margins?
More than 37,000 hotel rooms, at a cost of $3 billion, are expected to be added over the next three years. That's more than the 'branded' rooms India currently has.
Editor's Note
When CEO salaries breach the Rs 2-crore mark and India emerges as a fast-growing market for the world's priciest luxury brands, it is not surprising to hear voices - including that of the prime minister - advising restraint.
Rising liquidity in the system is not only fuelling inflationary pressures, but also creating monetary management problems for the central bank.
Top Mind
Bill Gates' latest toy, earlier called Project Milan, is a computer integrated into a flat surface (table/wall/door) that has been five years in the making.
Policy Watch
M&A deals in the country are in for a dose of regulation. If the Ministry of Corporate Affairs has its way, global M&A deals involving assets exceeding Rs 500 crore and a turnover in excess of Rs 1,500 crore in India, will require the approval of the Competition Commission of India (CCI).
News Maker
Kushal Pal Singh, 75, is credited with almost single-handedly transforming Gurgaon, a once sleepy village on the outskirts of Delhi, into one of India's hottest and ritziest residential and commercial hubs over the last two decades.
By the TV Today Network, the Rs 200-crore topline mark in 2006-07. Its revenues have grown over 20 per cent to Rs 202.44 crore (Rs 167.89 crore) and its net profit is up 12 per cent to Rs 31.09 crore against Rs 27.77 crore last year.
Reporters Diary
Big Bazaar is going out of its way to make small-town consumers feel comfortable with the beast called modern retail, discovers.
In his new memoirs, Yashwant Sinha stakes claim as the Father of Reforms.
Getting into a regular exercise regime is a bit like kicking a bad habit.
Printed Circuit
The new Sony Vaio VGC-LA38G is pure eye candy, but it could do with better specs.
With a debt of Rs 757 crore weighing on his shoulders and dogged by no less than 43 lenders, Sushil Suri (43), CMD, Morepen Laboratories, has for long been in troubled waters.
Phil Hester, senior VP and chief Technology Officer of computer chip maker AMD, was in India recently. He spoke to Business Today's Rahul Sachitanand on the semiconductor market. Excerpts.
Mumbai's municipal corporation joins the retail rush.
The promoters at Murugappa have returned to the helm at a time when group revenues have topped $2 billion, but the market cap has taken a big hit. The challenge is obvious.
Back of the Book
The Nissan Teana is very comfortable, but guzzles a little too much fuel.
Tejpreet or TP was serving as President & CEO, Commercial Finance, in GE India since 2006.
Tarun Sheth answers queries related to your career.

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