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Editor's Note

Editor's Note

We bring you this year’s BT-PwC India’s Best CEOs list—a line-up of India’s sharpest and most effective business leaders who have guided their companies through choppy waters and remained resilient in the wake of unforeseen challenges
Updated : Mar 09, 2024

India's best CEOs: Here's how these business leaders guided their companies through choppy waters

We bring you this year’s BT-PwC India’s Best CEOs list—a line-up of India’s sharpest and most effective business leaders who have guided their companies through choppy waters and remained resilient in the wake of unforeseen challenges

Central to the new Zomato growth menu is Blinkit (formerly Grofers), the quick commerce company Goyal bought for a substantial Rs 4,447 crore in June 2022.
Updated : Feb 16, 2024

Zomato's new delivery route: Why the food delivery major is banking on Blinkit

Central to the new Zomato growth menu is Blinkit (formerly Grofers), the quick commerce company Goyal bought for a substantial Rs 4,447 crore in June 2022. That was a big bet at a time when the Zomato stock was floundering, and the investors had to be convinced the deal was worth going for despite the steep asking price. But Goyal went with his instinct and picked up Blinkit, which today is one of the key reasons why it is racing towards what could be its first full year of profits.

As Business Today celebrates its 32nd Anniversary, having chronicled every major development in the Indian business firmament over three decades and more, India is well-positioned to march ahead with confidence to 2047.
Updated : Feb 05, 2024

India's new tryst with destiny: How the next five years will be crucial for the country

The aspiration is to hit $7 trillion by 2030. This momentum has been brought about by a few key factors—a big push on infrastructure spending by the government, a massive focus on leveraging digital public infrastructure, and a clean-up of bank balance sheets enabling them to push lending for growth.

The buzz around GIFT City was in ample evidence at the recent Vibrant Gujarat Global Summit
Updated : Jan 19, 2024

GIFT City: How PM Modi's pet project is primed for a takeoff

The buzz around GIFT City was in ample evidence at the recent Vibrant Gujarat Global Summit, where the PM and Finance Minister Nirmala Sitharaman underscored the seriousness of the government’s intent to ensure the IFSC becomes a major player in the frenetic world of global finance.

Today, the buzzword across the Indian start-up ecosystem is ‘profitability’.
Updated : Jan 05, 2024

Age of Performicorns: How 'profitability' and 'performance' are the new buzzwords in India's start-up world

Today, the buzzword across the Indian start-up ecosystem is ‘profitability’. Chastened by earlier setbacks, both VCs and start-ups are realising that the path to profitability is the only route to survival: start-ups must have a clear profitability game plan, and be sustainable and scaleable.

Updated : Dec 22, 2023

Snapdeal's last shot at survival

If there was an award for the most number of pivots, twists and turns in strategy, e-commerce firm Snapdeal, founded by the duo of Kunal Bahl and Rohit Bansal, would qualify hands down.

 From the financial sector to manufacturing, entertainment and the pharma sector, women leaders are showing the way, proving to be role models not just for other women, but also men.
Updated : Dec 08, 2023

BT Most Powerful Women in Business: A glittering line-up of women making it big in the corporate world

From the financial sector to manufacturing, entertainment and the pharma sector, women leaders are showing the way, proving to be role models not just for other women, but also men.

Amid this choppiness, Indian bellwether companies have, by and large, fared well, and held their ground as far as market performance is concerned.
Updated : Nov 25, 2023

BT500: For India Inc the trend is long-term bullishness with short-term volatility

The trend then is long-term bullishness with short-term volatility. Amid this choppiness, Indian bellwether companies have, by and large, fared well, and held their ground as far as market performance is concerned. The BT500, the much-awaited ranking of India’s most valuable companies—where we rank the Top 500 in terms of their average market capitalisation (m-cap)—reflects this.

Various estimates peg India’s luxury market to grow rapidly over the next few years, as global brands make a beeline for Indians’ wallets and the country’s luxury brands capture the imagination of the world.
Updated : Nov 10, 2023

How India's luxury market is becoming a stellar example of exponential growth

Ever since the pandemic subsided, Indians have come out in droves, with revenge shopping initially, and then backing it up subsequently with some serious spending on luxury goods and experiences. Not surprisingly, various estimates peg India’s luxury market to grow rapidly over the next few years, as global brands make a beeline for Indians’ wallets and the country’s luxury brands capture the imagination of the world.

Amul, under MD Jayen S. Mehta, is putting in place a strategy that involves cashing in on adjacencies and grabbing the opportunity in organic food products.
Updated : Oct 27, 2023

Amul's widening shelf: How the storied dairy major under MD Jayen S. Mehta is aiming to disrupt the foods space

Amul, under MD Jayen S. Mehta, is putting in place a strategy that involves cashing in on adjacencies and grabbing the opportunity in organic food products.

The $3-billion Indian online gaming industry was growing smartly. Then came the onslaught in the form of the 28 per cent GST from the government.
Updated : Oct 13, 2023

India's online gaming sector: Can it survive under the 28% GST regime?

The $3-billion Indian online gaming industry was growing smartly. Then came the onslaught in the form of the 28 per cent GST from the government. What this has done is throw the gaming industry—which has also spawned unicorns— into disarray, with many of them looking to downsize in the wake of the tax burden that they feel makes their operations unviable.

The Chandrayaan mission’s success has also rubbed off positively on around 400 private sector firms that have, over the years, formed part of the vendor ecosystem for Isro
Updated : Sep 29, 2023

Isro's Chandrayaan effect: India Inc.'s big space ambitions

The Chandrayaan mission’s success has also rubbed off positively on around 400 private sector firms that have, over the years, formed part of the vendor ecosystem for the Indian Space Research Organisation (Isro), the agency that forms the core of India’s space programmes.

Ambani is keen to leverage his balance sheet and draw on Reliance’s huge footprint across telecom and retail to leapfrog into the financial services space
Updated : Sep 19, 2023

Mukesh Ambani's next big bet: Jio Financial Services

With a net worth of Rs 1.2 lakh crore, Ambani is keen to leverage his balance sheet and draw on Reliance’s huge footprint across telecom and retail to leapfrog into the financial services space

Buffeted by problems from all sides, Think and Learn—the corporate name Byju’s goes by—is battling a sharp valuation markdown
Updated : Sep 11, 2023

Here's what the Byju's mess can teach India's start-up ecosystem

Buffeted by problems from all sides, Think and Learn—the corporate name Byju’s goes by—is battling a sharp valuation markdown from one of its investors, Prosus, which has reduced the firm’s valuation from the earlier $22 billion (which made it the world’s most valued edtech firm) to just $5.1 billion now.

And one of the most important moves—something the Prime Minister personally believes will make a major difference—is the one by India to push for a permanent seat for the African Union in the G20.
Updated : Aug 26, 2023

Why India’s G20 presidency is PM Narendra Modi’s moment

With the world’s top leaders set to arrive for the G20 Heads of State and Government Summit in Delhi in September, India, by way of the G20 presidency this year, has emerged as the driving force in a wide range of areas, wielding enormous influence in shaping the future of the world. At the centre of all this is Prime Minister Narendra Modi

The 61-year-old Adani’s ability to take adversity head-on has been in ample evidence over the past few months.
Updated : Aug 04, 2023

Gautam Adani the fighter: Behind the billionaire's battle to rebuild Adani Group after the Hindenburg crisis

Cut to August 2023, and Adani appears to be succeeding in getting his beleaguered group out of the crisis. While a Securities and Exchange Board of India probe into the allegations is ongoing, the group is working overtime to ensure it balances its growth ambitions with its capex plans, even as it deleverages key companies and cleans up their balance sheets. 

Over the past couple of years, Mahindra has seen its auto business get infused with a good dose of new energy, powered by a slew of new launches, a focus on electric vehicles and even a brand new logo. 
Updated : Jul 21, 2023

Revving up Mahindra: Behind the automaker's brand new strategy to propel growth

Over the past couple of years, Mahindra has seen its auto business get infused with a good dose of new energy, powered by a slew of new launches, a focus on electric vehicles and even a brand new logo. 

Cut to 2023. In FY23, Sun Pharma registered its highest-ever consolidated revenue of Rs 43,279 crore and net profit of Rs 8,474 crore, signalling to the market that the company was back in the game.
Updated : Jul 07, 2023

How Dilip Shanghvi scripted a dramatic turnaround for Sun Pharma

Cut to 2023. In FY23, Sun Pharma registered its highest-ever consolidated revenue of Rs 43,279 crore and net profit of Rs 8,474 crore, signalling to the market that the company was back in the game.

B-schools now offer flexibility in course delivery, and the emergence of edtech companies offering management courses
Updated : Jun 23, 2023

How India’s best B-Schools are grooming future leaders

Over the past few years, particularly during and after the Covid-19 pandemic, the management education space has seen the emergence of a variety of options. B-schools now offer flexibility in course delivery, and the emergence of edtech companies offering management courses

In our cover story, Krishna Gopalan takes a close look at what makes cricket such a huge money machine
Updated : Jun 09, 2023

Cricket's financial renaissance: Lakhs of crores invested, but what does the future hold?

Massive amounts of money are being pumped into what has become the country’s favourite sport, with team owners, media firms and advertisers all keen to get a share of the lucrative pie as viewers—both on television and digital—remain hooked to their screens to watch the game in its various formats.

Today, not only has Raymond been able to bounce back into the black, FY23 saw profits doubling along with highest-ever revenues.
Updated : May 26, 2023

Stitching a new strategy: How Gautam Singhania changed Raymond's fortunes for the better

The 58-year-old Singhania can afford to be satisfied with the performance of his company, given that it was teetering on the edge just a couple of fiscals ago, battered by the pandemic and the consequent lockdowns. Today, not only has Raymond been able to bounce back into the black, FY23 saw profits doubling along with highest-ever revenues.

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