Kundapur Vaman Kamath, 60, MD and CEO of ICICI Bank, the second-largest bank in the country, has now turned his de facto position as one of India Inc.’s elder statesmen into a de jure one—he recently donned the mantle of Confederation of Indian Industry (CII) President for 2008-09.

Bill Emmott was in India recently, on his “umpteenth visit”, to promote his latest book, Rivals: How the Power Struggle Between China, India and Japan will Shape our Next Decade. He spent some time with BT’s Kushan Mitra in New Delhi dicussing the new Asian power paradigm. Excerpts:

Despite the joint CEO experiment not coming off in several high profile cases globally, Chairman Azim Premji is betting on the model to unify Wipro’s IT businesses and spur growth. He is rather confident that the teams are ready and the timing is right. BT's Rahul Sachitanand finds out whether the new arrangement will work.

For more than a decade now, Coimbatore Krishnarao Prahalad has been the best-known management guru from India. Professor of Strategy at the Ross School of Business, University of Michigan, Prahalad shot to fame with his book Competing for the Future, which he co-authored with Gary Hamel. He spoke to Business Today's R. Sridharan on innovation and his own intellectual journey over the years.

Satyam delivers in a challenging global environment.

Microfinance is growing fast and needs talent at all levels.

MIRC Electronics’ Gulu Mirchandani; BCCI Vice President and IPL Commissioner Lalit Modi; Arvind Uppal, Asia Pacific Region Head, Whirlpool; Girish Paranjpe and Suresh Vaswani of Wipro Technologies; Agile Labs Director and CEO Raghunathan Perumal; and T.R. Baalu, Shipping and Road Transport Minister and Representative of the DMK in the UPA Government.

From a long list of names, we finally picked 10 that stood out for the uniqueness of their businesses or rapid growth. Our second annual listing of the most happening young ventures.

The Tatas have spent $23 billion on 125 buyouts since 2002.

The cover story on India’s Most Innovative Companies is very encouraging for those who are investing in innovation. Indian

Business Today’s league of extraordinary managers—25 young guns, aged 40 or under, who are blazing a trail up the corporate ladder.

Put four hotshot headhunters in a room and what do you have—either a recipe for name-dropping and name-calling; or a magic list of the country’s 25 hottest young executives.

Inspired solutions for some of the world’s most intractable problems.

It’s a paradox that India’s foreign policy mandarins have to address. India harbours big power ambitions but is stuck with a strategic doctrine that remains mired in the Third World mindset.

Look at some of the most successful corporations around the world, and you'll find one thing that's common to them: they are innovative. To find out the state of innovation in India, Business Today tied up with the Monitor Group. The results of our study are fascinating.

The most innovative companies don't do different things, they just do things differently. And that seems to make all the difference.

The Business Today–monitor group innovation study set out to examine the state of firm-level innovation in India and profile the “most innovative companies” in select sectors.

Every potential leader needs a mentor who has been there, done that and knows the pressures that come with the job. This is particularly important for young leaders who should consciously have two or three mentors for gaining wisdom, experience and a wider perspective. BT’s Pallavi Srivastava tells us about some young guns and their gurus and strategists. 

The 43-year-old school dropout, Gautam Adani, who was recently ranked #10 among Indian billionaires by Forbes, is thinking big—and ahead—for ways to expand his business empire. He already runs the Mundra Port in Gujarat. That’s only Act I in his plan of becoming India’s largest infrastructure player. A report by BT's Anand Adhikari.

Barriers to innovation remain, but the most innovative companies have realised that \"innovation\" is not just about developing new products and services but, more fundamentally, about discovering new ways to create value. A Business Today-Monitor Group study profiles the most innovative Indian firms.