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Zomato’s New Delivery Route
Business Today
FISCAL PRUDENCE • THE NARENDRA MODI-LED GOVERNMENT ON FEBRUARY 1 PRESENTED A ₹47.66-LAKH CRORE INTERIM BUDGET FOR FY25—6.1% HIGHER THAN THE UNION BUDGET FY24. A LOOK AT THE KEY NUMBERS
PUBLIC DEMAND • PUBLIC SECTOR UNDERTAKINGS (PSUs) HAVE WITNESSED A REMARKABLE TRANSFORMATION OVER THE PAST DECADE, WITH NOTABLE ADVANCES IN THEIR REVENUE AND PROFITABILITY. THERE IS OPTIMISM THAT CERTAIN INDUSTRIES WILL BENEFIT FROM THE GOVERNMENT’S EMPHASIS ON ‘MAKE IN INDIA’ AND INCREASED CAPITAL EXPENDITURE. THE PUBLIC SECTOR, OFTEN DISREGARDED IN THE EQUITY MARKET, HAS DELIVERED GOOD RETURNS SINCE THE COVID-19 LOWS. LET’S TAKE A LOOK AT HOW THE TREND HAS EVOLVED FOR THE PSUs SINCE FY14.
ON A SOLID FOOTING • The BT-C Fore Business Confidence Survey revealed that business confidence in the December 2023 quarter was at its highest in nearly eight years
In Trouble • Paytm Founder Vijay Shekhar Sharma must move fast as RBI’s strictures against the payments business are beginning to hurt
Back with a Bang • Rewriting its script for success, the Indian box office is finally back in action
BOX OFFICE MAGIC
“EVERY PRODUCT CATEGORY IS ON A GROWTH PATH” • Henrique Braun, EVP & President of International Development at The Coca-Cola Company, talks about India, $1-billion brands, and customer connect
Zomato’s Fresh Menu • AS THE COMPANY MOVES TO GENERATE REVENUES OUTSIDE FOOD DELIVERY, THE PROPORTION IS STARTING TO SHIFT. IT IS NOW BANKING ON BUSINESSES LIKE BLINKIT AND HYPERPURE TO POWER ITS GROWTH
THE ROAD MAP
“BLINKIT WILL BE LARGER THAN ZOMATO” • Zomato Co-founder and CEO Deepinder Goyal on its business model, acquisitions, and more
BLUEPRINT FOR THE FUTURE • UNION FINANCE MINISTER NIRMALA SITHARAMAN USED THE INTERIM BUDGET 2024-25 TO LAY OUT PLANS FOR THE NEXT FIVE YEARS, WHILE STEERING CLEAR OF POPULIST MEASURES AND PRESENTING A CREDIBLE SET OF PROJECTIONS
“South tax devolution debate is politically motivated” • Finance Minister Nirmala Sitharaman, after presenting the Interim Budget, talks about optimism in the economy, household savings, and more
SURGING AHEAD IN SURGUJA: THE ADANI FOUNDATION IS EMPOWERING WOMEN TO BRING SOCIO-ECONOMIC CHANGE • By building institutions of people and focusing on sustainability, the Foundation is striving to contribute to the dignity, well-being and wealth of communities
Four Transformations for Viksit Bharat • The Interim Budget was noteworthy because of its focus on sustainability. But more needs to be done.
Prudence and Continuity • The Interim Budget was less populist and more forward looking. It could become the blueprint for a developed Bharat
“THERE IS GROWING CONFIDENCE ON INDIA” • RBI Governor Shaktikanta Das on inflation, the consumer lending space, and why he is confident about India’s growth
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VDAs Emerge as a New Asset Class: Indian Investors Diversify Their Portfolios with VDA • CoinDCX's mission remains simple: let our users concentrate on diversifying their portfolios in crypto while we enrich their investing experience and maintain safety of their assets, emphasizes Sum it Gupta, Co-Founder, CoinDCX.
A WORLD TO WIN • AFTER CONQUERING THE INDIAN MARKET, THE NATIONAL PAYMENTS CORPORATION OF INDIA (NPCI) HAS SET ITS SIGHTS ON CHALLENGING GLOBAL PAYMENTS GIANTS MASTERCARD AND VISA. PLUS, IT IS MAKING A BIG PLAY IN THE GLOBAL REMITTANCES SPACE
THE UPI JUGGERNAUT
CASH STILL KING
“WE ASPIRE TO PLAY A BIGGER ROLE GLOBALLY” • NIPL CEO Ritesh Shukla on international...