People To Watch Out For In 2023: Nirmala SitharamaN, Adani, Ambani, Musk

A Sneak Peek: 2023 Newsmakers 

Business Today Magazine gives you a sneak peek into the top newsmakers to watch out for in the new year 

Nirmala Sitharaman

Come February and the Union Budget and all eyes will be on Finance Minister Nirmala Sitharaman. Given the current fiscal deficit and government spending, the Budget announcements will be even more significant in 2023

The Country’s Bookkeeper

Currently, there are different holding periods and tax rates for different asset classes when it comes to capital gains. There has been a demand to have one common tax treatment for all capital gains to make it simpler for the ordinary citizen. Will FM Sitharaman oblige?

Mr Richie Rich:
Gautam Adani 

*Source: Bloomberg Billionaires Index as on Dec 30

With gains of over $49 billion in his net worth, Gautam Adani has emerged not only as the highest wealth gainer in the year but also became the third-richest individual in the world with a net worth of $121 billion 

Will Gautam Adani Get The Top Spot In 2023?

Going by Gautam Adani’s track record, it may not be surprising if he steals the top spot for the world’s wealthiest person in 2023, leaving behind LVMH’s Bernard Arnault and Elon Musk 

Elon Musk To Launch A Smartphone?

Elon Musk launching his own smartphone is a possibility as the Tesla and SpaceX chief recently responded to a tweet asking what would happen if Apple and Google booted Twitter from their app stores. He responded saying if there is no other choice, he will make an alternate phone

Dial M For Musk

Elon Musk has all the resources to make a smartphone. While it was only a misunderstanding between Musk and Apple, it remains to be seen how things unfold in the future. Should Apple be afraid? 

Mukesh Ambani's
Next Big Bet

Backed by Reliance’s massive retail and distribution network and major investment plans on increasing its warehousing capacity and supply chain efficiencies, Mukesh Ambani’s dream of turning Reliance into a major fast-moving consumer goods (FMCG) player may become a reality in 2023

Mark Zuckerberg

Will Mark Zuckerberg quit the firm he founded? Apparently not. Facebook’s parent Meta issued a clarification that it was but just a rumour. Considering the rough year Meta has had, it’s little surprise the rumour was doing the rounds

Meta’s Tough
Year-In-Review

Meta has seen two quarters of revenue losses, its shares have tanked more than 60 per cent in 2022 and it has laid off 11,000 employees. Key leaders, including COO Sheryl Sandberg, have left, but Zuckerberg is keeping his metaverse dreams alive

Madhabi Puri Buch

Madhabi Puri Buch, the first female Chairperson of the Securities and Exchange Board of India (Sebi) completes one year at the helm in March. What is on her agenda? First, Sebi will continue to modernise itself in terms of technology and data analytics. Second, it is likely to get rid of archaic regulations to make them more in sync with the current times

Byju’s, Zomato, Paytm: Start-up Trends To Watch Out For In 2023

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