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Business Today
THE POWER OF STILLNESS: DOING NOTHING TO CREATE WEALTH
HOT AND SPICY • THE STEEP RISE IN PRICES OF CERTAIN SPICES AND CONDIMENTS IN THE DOMESTIC MARKET HAS MADE YOUR BELOVED CURRY MORE EXPENSIVE. HERE’S WHAT THE DATA SHOWS
VIEW FROM THE TOP • THE YEAR 2024 IS PROMISING FOR INDIAN BUSINESSES AND INDUSTRY LEADERS ARE UPBEAT, ACCORDING TO PwC’S ‘27TH ANNUAL GLOBAL CEO SURVEY: INDIA PERSPECTIVE’. INDIA HAS CLIMBED TO THE FIFTH SPOT AS A PREFERRED INVESTMENT DESTINATION, UP FROM NINTH IN 2023. THE FOLLOWING CHARTS SHOW C-SUITE EXECUTIVES’ VIEWS ON INDIA AND THE GLOBAL ECONOMY. READ ON
BATTLE LINES DRAWN • Promoters and investors of Byju’s are on collision course as the firm confronts multiple challenges
A Behemoth is Born • The merger between the media business of Reliance Industries and The Walt Disney Company’s India entities has created a new giant in the entertainment space
MEDIA TITANS UNITE
Back in the Game • Bitcoin has surpassed $60,000 for the first time in more than two years and is expected to sustain its upward trajectory with an upcoming halving of reward for mining Bitcoin in April
EYES FIRMLY ON THE FUTURE • THE BT-PwC INDIA’S BEST CEOs RANKING HONOURS THE BEST BUSINESS LEADERS. THEY ARE LOOKING PAST IMMEDIATE CONCERNS TO LAY A STRONG FOUNDATION FOR THE LONG TERM
HEAVY MITTAL • SUNIL BHARTI MITTAL HAS SPENT A LIFETIME IN TELECOM, CREATING A MAMMOTH CALLED BHARTI AIRTEL. NOW, HE IS BACKING ONEWEB FOR A HIGHER TRAJECTORY
“AIRTEL BELONGS TO THE PEOPLE WHO WORK THERE” • Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, talks about Airtel, lessons from diversification, and more
HEALER EXTRAORDINAIRE • Prathap C. Reddy, Founder Chairman of Apollo Hospitals, pioneered the private healthcare industry in India, and changed forever the country’s health ecosystem. Reddy reminisces about his life and times
APOLLO’S STORIED JOURNEY
DATA CENTER TO DEFENCE: ADANI GROUP ANNOUNCES PROJECTS ACROSS STATES TO BOOST GROWTH, CREATE JOBS • INVESTMENTS WERE ANNOUNCED IN THE FIRST MONTH OF THIS YEAR
A MAN FOR ALL SEASONS • AMITABH KANT, AN EXPERT POLICYMAKER KNOWN FOR HIS CLARITY OF VISION AND HARD WORK, WAS A KEY PLAYER IN MAKING INDIA’S G20 PRESIDENCY A RESOUNDING SUCCESS AS ITS SHERPA
“INDIA’S GROWTH IS A FUNCTION OF THE GROWTH OF ITS STATES” • G20 Sherpa Amitabh Kant says that as a part of the G20 troika, India continues to work with Brazil to take forward its agenda
METAL MAN • Satish Pai has placed Hindalco firmly on a long-term growth trajectory. There is a lot of traction left in the aluminium space and there is the emerging opportunity in copper
TURBOCHARGED • Sanjiv Puri has broadened ITC’s reach well beyond cigarettes. The demerger of its hotels business shows the firm’s push to keep the growth engine well oiled
CHAMPIONING INCLUSION: THE EMPOWERING JOURNEY OF L&T FINANCE HOLDINGS LTD.
YOUNG GUN • After a baptism by fire, 34-year-old Abhyuday Jindal, MD of Jindal Stainless, has proved his mettle by helping the company overcome its supply chain worries
THE MAN WITH THE IRON FIST • The pandemic led to an existential crisis for Ramkrishna Forgings and its MD, Naresh Jalan. But Jalan’s quick thinking and adaptability brought the company around
IN CONVERSATION WITH SUMIT GUPTA AND NEERAJ KHANDELWAL, CO-FOUNDERS, COINDCX • Starting from a rental flat in 2018 and investing their savings, Sumit and Neeraj have built a crypto exchange that is being trusted by 1.4 crore Indian investors. Sumit and Neeraj believe 2024 will be a...