Business Today

Gold’s New Stand, Silver’s Bright Rise

Towards the end of Mackenna’s Gold (1969), the canyon walls collapse, burying the treasure and ending the hunt. In real life too, gold has a way of escaping human grasp, its price rising during crisis, its utility argued over by every generation. In...

Grounded in Labour

The era when labour strikes could paralyse India’s cities feels long past. No Dutta Samant today wields absolute power over a metropolis. Trade unions still exist, of course, but they sit at the edges of our polity, a spent force in mainstream...

Pro t shows power, performance

For the first time, BT has based its Most Powerful Women in Business listing on a single measure: profitability. Just as the BT500 now ranks India’s largest companies by profit, this year’s MPW list follows the same principle and uses profit to...

INDIA'S BEST B-SCHOOLS

Intelligence Outsourcing

It was 1971, four years after it had been set up, that a small Tata Group company won its first overseas contract from an electric fan manufacturer in Iran. Two years later, the company teamed up with the American firm Burroughs Computer to market its...

Save, Invest, Prosper

It was in these very pages, back in 1993, that Business Today, in partnership with Value Research, asked: which mutual fund schemes are worth investing in? That question remains as powerful today as it was then. From just 89 schemes then, the universe...

No Easy Exit

The Tata–Mistry saga refuses to fade. Nine years after the dramatic boardroom coup that ousted Cyrus Mistry, tensions between the Tata Group and its oldest partner, the Shapoorji Pallonji (SP) family, continue to simmer—this time over something as...

The New Taj Mahals

Luxury has a long and storied lineage in India. It was in 1903 that Jamsetji Tata built India’s first luxury hotel, the Taj Mahal Palace in Mumbai—a property that, even at the time, offered electricity, air-conditioning, elevators, and telephones in...

Third Time’s the Charm?

Since 2019, Prime Minister Narendra Modi’s government has cut taxes thrice to push demand, investment and growth, sacrificing revenue in the process. In September 2019, the corporation tax rate was cut to unlock manufacturing investment and capital...

BT500 INDIA S MOST PROFITABLE COMPANIES

TOP ROW FROM LEFT SUNIL BHARTI MITTAL, FOUNDER & CHAIRMAN, BHARTI ENTERPRISES PARMINDER CHOPRA, CMD, POWER FINANCE CORPORATION PM PRASAD, CMD, COAL INDIA; 2ND ROW FROM LEFT ARUN KUMAR SINGH, CHAIRMAN & CEO, ONGC SIDDHARTHA MOHANTY, EX CEO & MD, LIC;...

Tari s Test Con dence

Donald Trump has built much of his political persona on the “art of the deal.” Yet, in his dealings with India, the US President appears to have mistaken India’s quiet resolve for weakness—a miscalculation fraught with consequences for the broader...

INDIA @ 100 THE BIG IDEAS

Moment of Truth

Today, we stand at a moment of reckoning with the rise of artificial intelligence. Unlike past shifts, AI is reshaping the very architecture of the internet and reconfiguring vast swathes of business and human endeavour. Preceding this AI inflection...

Gears and Growth

As Hyundai Motor steps on the gas to reclaim lost ground in an increasingly competitive Indian automobile landscape, its journey mirrors the broader evolution of India Inc. in the postpandemic era. Once firmly India’s second-largest carmaker, Hyundai...

Global Capability, Indian Muscle

India is rapidly transforming into a powerhouse for Global Capability Centres (GCCs) with nearly 2,000 units across the country. It, in fact, hosts more than 50% of the world’s GCCs. These centres already employ over two million across the country....

PAKISTAN’S CRUMBLING ECONOMY

OPERATION SINDOOR MELTDOWN ON PAKISTAN STOCK EXCHANGE

IndiGlobal!

It was the 4th of August, 2006, when a brand-new Airbus A320 took to the skies from Delhi airport. The first destination was Guwahati, and the aircraft then f lew onward to Imphal. The airline was named IndiGo, and it took off with a focus on...

India’s China Moment

In the 1990s, China began rapidly expanding its manufacturing capacity. At the same time, India, grappling with a balance of payments crisis, launched sweeping economic reforms— dismantling the Licence Raj and opening up to the global market. These...

The Systematic Churn in Savings

Aremarkable feature of India’s investment landscape since 2014 has been the rapid growth of the mutual fund industry. This surge has been driven by a fundamental shift in household investment preferences and the increasing financialisation of savings...

INDIA’S BEST CEOs

LIFETIME ACHIEVEMENT HARSH MARIWALA LIFETIME ACHIEVEMENT ANU AGA MOST TRUSTED LEADER DEVI SHETTY

Reforms needed for Viksit Bharat

Achieving the vision of Viksit Bharat requires a sustained annual growth rate of 8.5% for the next 22 years, with the initial years demanding a staggering 9%-plus rate, Montek Singh Ahluwalia, a key architect of India’s reforms in the 1990s, tells...

BT INTERVIEW WITH FM NIRMALA SITHARAMAN

Soon after she presented a record eighth consecutive Budget on February 1, Finance Minister Nirmala Sitharaman was interviewed by Rahul Kanwal, News Director of India Today and Aaj Tak, and Executive Director of Business Today; Siddharth Zarabi,...

BT INTERVIEW WITH KIRAN MAZUMDAR-SHAW

Kiran Mazumdar-Shaw, Founder and Executive Chairperson of Biocon, is one of India’s most well-known entrepreneurs. She has managed to do things with a lot of common sense, a lot of determination, and a lot of ‘foolish courage’. Mazumdar-Shaw sat down...

Will Modi 3.0 Boost Growth?

If you look at the customary picture taken before the Interim Budget was presented last February (on page 35), it is evident that crucial mandarins of that time—Finance Secretary T.V. Somanathan, Revenue Secretary Sanjay Malhotra, Financial Services...

OUTLOOK FOR INDIA IN 2025 AND BEYOND

Q&A WITH NEELKANTH MISHRA‚ AND COLUMNS BY... TARUN KHANNA SANJEEV SANYAL HARSH GUPTA MADHUSUDAN ROSHNI NADAR MALHOTRA S. SOMANATH NILESH SHAH … and more

INDIA’S BEST BANKS

(FROM LEFT) ● RAJEEV JAIN, MD, BAJAJ FINANCE ● DINESH KUMAR KHARA, FORMER CHAIRMAN, SBI ● SANDEEP BAKHSHI, MD & CEO, ICICI BANK ● KAUSTUBH KULKARNI, SENIOR COUNTRY OFFICER-INDIA AND VICE CHAIRMAN-ASIA PACIFIC, J.P. MORGAN

500 INDIA’S MOST VALUABLE COMPANIES

The Making of a Media Giant

THE JOINT VENTURE BETWEEN RELIANCE VIACOM18 AND DISNEY HAS GIVEN RISE TO A COLOSSUS AMONG MEDIA FIRMS IN THE SPORTS AND ENTERTAINMENT SPACE. WHAT LIES AHEAD

THE RISING FEMALE FORCE IN MARKETS

GAYATRI RUIA

DEVELOPMENT DIRECTOR PHOENIX PALLADIUM

The Passing of a Titan

Ratan Tata was many things to many people, depending on whom he came in contact with. A visionary business leader and bold entrepreneur who felt strongly about India and its growth ambition, the passing away of Ratan Naval Tata at the age of 86 has...

B-schools in the Age of AI

Artificial intelligence (AI), and now more specifically Generative AI, is changing the way the world works. There is hardly any sector that will not be impacted by AI and a furious debate rages in corporate and academic circles about the pros and cons...

Reinventing Diageo India

When Hina Nagarajan took charge of Diageo India (incorporated as United Spirits Ltd) in 2021, her task was cut out. After the $27-billion UK-based alcobev giant Diageo plc acquired United Spirits from controversial liquor baron Vijay Mallya in 2014,...

India’s Time to Shine

Around this time last year, Prime Minister Narendra Modi spoke exclusively to Business Today and outlined his vision for India in the backdrop of India’s G20 presidency. Rooted in that vision was the idea that it was India’s moment to seize, and a...

Reining in the F&O Beast

Of late, there has been a lot of talk about how millions of new investors are entering India’s stock markets. As many as 122 million demat accounts have been opened since April 2020 alone, out of a total of 158 million till May 2024. On the face of it,...

The Cement Chase

With the Narendra Modi-led NDA government’s sharp focus on infrastructure creation, one of the sectors being keenly watched is cement. Some years ago, India’s cement industry was fragmented, barring a few large players. Then, in 2005, Swiss cement...

BUDGET 2024: THE ASSET MONETISATION AGENDA

PATANJALI S NEW FORMULA

FACED WITH SLOW REVENUE GROWTH AND FORCED BY THE COURTS TO APOLOGISE FOR MISLEADING ADVERTISEMENTS THE `45 000 CRORE PATANJALI GROUP IS FACING ROUGH WEATHER. BUT MAVERICK YOGA GURU SWAMI RAMDEV HAS A PLAN

The Consumption Paradox

At 8.2%, India’s FY24 GDP growth is the talk of the global economy. And the economy will continue to grow at a healthy clip despite the increasing base. The Reserve Bank of India, for instance, has upped its FY25 growth forecast from 7% to 7.2%. But...