Business Today

A leading business magazine read by the business leaders for staying ahead and managing challenges that comes right away in the ever changing world of business.

Snapdeal’s Shot at Survival

Business Today

BRIDGING THE DIVIDE • TOUTED AS INDIA’S LONGEST SEA BRIDGE, THE 21.8-KM SIX-LANE MUMBAI TRANS HARBOUR LINK, ONCE OPENED, WILL CONNECT MUMBAI WITH SATELLITE CITY NAVI MUMBAI, AND FOSTER BUSINESS AND ECONOMIC GROWTH IN INDIA’S FINANCIAL HUB

MANY HAPPY RETURNS • THE BENCHMARK BSE SENSEX—WHICH TOUCHED 70,000 INTRA-DAY FOR THE FIRST TIME ON DECEMBER 11, 2023—IS EXPECTED TO END THE YEAR ON A HIGH. THE 30-SHARE INDEX HAS GAINED NEARLY 15 PER CENT SO FAR IN 2023, OUTPERFORMING SEVERAL MAJOR GLOBAL MARKETS. REAL ESTATE, PRECIOUS METALS AND FDs ALSO DELIVERED DECENT RETURNS, THANKS TO INDIA’S RESILIENT ECONOMY. HERE’S A LOOK AT THE PERFORMANCE OF THESE DIVERSE ASSET CLASSES:

Forging Dreams of a Rising Global India • India’s feats are leaving an indelible mark on the world’s collective imagination. It became the fourth nation to conquer the moon’s enigmatic terrain, seizing the title of the first to land on its farthest side. The historic moment of India’s G20 presidency is a clear announcement of its elevation to the status of a major global power Amid these remarkable achievements, India’s digital growth story, underscored by citizen-centric reforms, has been nothing short of revolutionary. Underlying this extraordinary transformation is a steadfast commitment to fostering public-private partnerships that ensure the last-mile delivery of essential public services to each and every citizen.

WHATEVER IT TAKES • Byju Raveendran’s decision to pledge personal assets to meet salary obligations at his firm is being seen by some as proof of his commitment, but others are worried

UNENDING WOES

A Careful Approach • With the RBI calling for comprehensive regulations to govern connected-party lending, it wants to pre-empt any misadventure in the financial sector

After the Cyclone • Chennai has suffered severe losses because of Cyclone Michaung, denting its image as an industrial hub

Marching North • After selling its Gulf business, Aster DM Healthcare is doubling down on India, and is looking to expand in the North

REBOUND, FINALLY • Bollywood is expected to end 2023 on a high with hits like Animal, after a relatively quiet period of almost two years

ADVANCED TECHNOLOGY & SUSTAINABLE ENERGY GENERATION: ROBOTICS TO POWER SOLAR OPERATIONS

SNAPDEAL’S FINAL PIVOT • AFTER MULTIPLE PIVOTS AND TEETERING ON THE BRINK OF DEATH SNAPDEAL IS IN A MAKE-OR-BREAK SITUATION AGAIN, SEEKING TO CEMENT ITS PLACE IN VALUE COMMERCE. IT HAS ONE SHOT AND IT CANNOT LET THIS OPPORTUNITY GO

THE JOURNEY SO FAR • From its humble beginnings as a discount coupon venture, Snapdeal has come a long way, facing many challenges in the 16 years of its existence

PAIN POINTS

‘‘I know where all the skeletons are hidden in the market” • Sebi Chairperson Madhabi Puri Buch talks about how knowing all the tricks in the market helps, corporate governance standards and more

Setting the Momentum to Achieve High Goals in Work & Life • A member of the Indian Railway Services, Ms. Seema Kumar, is CMD of the Mini Ratna PSU-Indian Railway Catering and Tourism Corporation Ltd. (IRCTC), headquartered in New Delhi. A successful career as a civil servant that is, Indian Railway Traffic Services officer posted as additional member of the Railway Board, spanning more than 3S years has enriched her experience, both as a professional and person. She is adeptly steering IRCTC through a vision aimed at innovation, impeccable services and lastly CSR, that gives vent to her passion to serve the community in areas such as food, shelter, and education. Ensuring equitable growth...