Business Today Archive March 22, 2009 Issue

Edition: March 22, 2009

Cover Story

Gaining ground in a downturn

Most companies prefer to stand still during a slowdown but, as a clutch of players in financial services have shown, there’s no better time than now to turn the heat on the competition.

The market meltdown that battered the Equity-Linked Savings Scheme funds is now promising to make them winners. Here’s why you should consider investing in them this time.
In This Issue
They’ve been posting robust double-digit growth for two quarters now even as their peers struggle to come to terms with the downturn. Virendra Verma finds out what makes these companies tick when business dips?
This is Business Today’s Third Annual Listing of hottest start-ups and, pretty much like the two previous lists in 2007 and 2008, this listing is also completely subjective.
Editor's Note
For most companies, the current global economic meltdown is akin to living with a sudden grid collapse for weeks and months with no end in sight. But how many of them are nimble and capable enough to come out of it bigger and better? Business Today did a quick check.
Top Mind
US Bureau of Labor Statistics data reveals that unemployment among Asians in the US has doubled in the last four months.

Deal Watch
IBN18 Broadcast, a Network18 group company, has announced its decision to acquire a 43.4 per cent stake in Viacom18 Media for Rs 305 crore from BK Holdings, a subsidiary of TV18. Following the acquisition, IBN18 Broadcast's stake in Viacom18 will now increase to 50 per cent.
The world’s eminent social scientists pay homage to Nobel laureate Amartya Sen on his 75th birthday in this important collection.

With just a bit of foresight, and an informed workout, can be turned into an opportunity that’ll not just make your gym routine more exciting, it’ll help you see noticeable increase in size/results as well.
Printed Circuit
The Asus Eee Top 1602 costs a packet,but could become your pre-teen’s best friend.

He is known to take risks and strike big deals, but is in unwind mode at the moment. Kunal Dasgupta, 54, one of the longest serving CEOs of any media company, called it quits from MSM (formerly Sony Entertainment Television).
Leadership Spotlight
Deepak Shantilal Parekh is almost as famous a brand as HDFC, the institution that he has helmed for decades. This is probably why the government decided to call on him to help sort out the Satyam mess.
While most companies have been forced onto the back foot by the slowdown, fast-food companies are doing rollicking business.

As demand slows down and profitability takes a hit, India’s automobile companies are pulling out every trick from the cost-cutting book— and a few from outside—to stay on the road.

Back of the Book
Google retrofits a bus with VSAT equipment and computers and video screens to ride out the dusty country roads of semi-urban towns in Tamil Nadu in a journey aimed at making Internet a point of relevance in people’s lives rather than just a matter of interest. As its bus traverses through small towns to understand Internet illiteracy, Nitya Varadarajan shares the experience.
For the first time in a decade, off-site meetings are being replaced by on-site meetings, guest houses are replacing hotel stays, normal carriers are being replaced with low-cost carriers, and travel is being substituted with video conferences.
Visa curbs alone won’t hurt Indian aspirants as much as it is feared. Here’s why.

Measures like layoffs and retrenchment, which in normal times would have attracted lots of criticism, are now being conveniently fobbed off by managements under the pretext of recession.
60 minutes
Yahoo’s stock is at around $12, down more than 100 per cent from the high of around $28 that it had reached after the bid.

December 27, 2009

December 13, 2009

November 29, 2009

November 15, 2009

November 1, 2009

October 18, 2009

October 4, 2009

September 20, 2009

September 6, 2009

August 23, 2009

August 9, 2009

July 26, 2009

July 12, 2009

June 28, 2009

June 14, 2009

May 31, 2009

May 17, 2009

May 3, 2009

April 5, 2009

April 19, 2009

March 22, 2009

March 8, 2009

February 22, 2009

Feb 8, 2009

January 25, 2009

January 11, 2009