18 September 2022

Business Today

For Managing Tomorrow

Business Today1 min read
Business Today
Chairman & Editor-in-Chief: Aroon Purie Vice Chairperson: Kalli Purie Group Chief Executive Officer: Dinesh Bhatia Executive Director: Rahul Kanwal Chief Revenue Officer: Alok Nair Editor: Sourav Majumdar Group Creative Editor: Nilanjan Das Group Pho
Business Today1 min read
Toy Story
SOURCE: PIB, IMARC GROUP India’s toy exports in FY22, a growth of 61 per cent from $109 million in FY19 Fall in India’s toy imports in FY22 from $371 million in FY19 Likely size of the Indian toy market by 2027, almost double that of $1.35 billion in
Business Today1 min read
Rich Pickings
The AUM of the PMS industry has almost doubled in the past six years. The client base of the players is on the way to recovery after the uncertainty caused by Covid-19 NO. OF CLIENTS (’000s) AUM (in ` lakh crore) Figures include discretionary, non-di
Business Today2 min read
In Revival Mode
AFTER A complete lull for two months, the primary market saw some action in August with two initial public offerings (IPOs) hitting the market. While the IPO of engineering and design solutions firm Syrma SGS Technology was subscribed 15.6 times, the
Business Today4 min read
The Buzz Briefings
API HOLDINGS, the parent company of e-pharmacy PharmEasy, has decided to put its IPO plans on hold. Citing the uncertain outlook that has forced many start-ups to delay their plans of listing, the company has withdrawn the application it had filed in
Business Today2 min read
The Buzz Spotlight
Mohit Burman, 54, is the new boss of Dabur India. He recently took over as Non-executive Chairman of the company from cousin Amit. He played a critical role in the acquisition of the home and hygiene business of the Balsaras and the takeover of Kolka
Business Today2 min read
Electrifying Reforms
IN AN UNPRECEDENTED move, the Power System Operation Corp. (POSOCO) has barred 27 power distribution companies (discoms) from buying electricity from power exchanges to meet their short-term requirements. In a letter to the exchanges on August 19, PO
Business Today2 min read
Unimpressive
INDIA INC. HAS posted double-digit growth in net profit for the quarter ended June 2022 (Q1FY23), as the numbers in the corresponding period last year were marred by the second wave of the pandemic, creating a low base effect. According to data from
Business Today13 min read
Charge Of The Young Brigade
ORGANISATIONS MUST GO through transitions to stay relevant in a world characterised by disruption and the inevitable uncertainty that comes with it. Indian business history is unlikely to have seen as much change as what the past three decades have b
Business Today6 min read
All In The Family
A FAMILY MANUFACTURING textiles. A jewellery maker’s descendant. A film distributor’s grandchild. Or just a wealthy classmate with brothers, sisters and cousins living together. Regardless of where you grew up in India, there was always a friend who
Business Today4 min readSmall Business & Entrepreneurs
The Start-up Families
WE NEED TO look at modern family businesses from a different perspective than the old families. A fair bit of transformation and professionalism is happening there. But they are grappling with succession—in essence, how a family structure, or a famil
Business Today8 min read
Women At Work
ALMOST A HUNDRED years ago, when famous weaver Nalli Chinnasami Chetty started a small store from his house in Chennai’s T. Nagar to manufacture exquisite silks and pure Kanchipuram sarees, it was unimaginable that a woman would be at the helm of aff
Business Today10 min read
Stepping Back
▸ CHAIRMAN MOHIT BURMAN ▸ CEO MOHIT MALHOTRA • PROMOTER & PROMOTER GROUP SHAREHOLDING 67.24% • IPO 1994 Ninu Khanna, CEO (Nov 1998-January 2002)&Dabur’s first professional CEO Sunil Duggal, CEO-designate initially, and then CEO (June 2002-March 2019)
Business Today1 min read
Read Credible, Exclusive, And Insightful Business Stories
Subscribe and get upto 55% discount* Please tick your subscription choice and send the form to: We Care, Living Media India Limited, C-9, Sector 10, Noida-201301 (India) FOR MORE DETAILS ON THE OFFER, YOU MAY CONTACT THROUGH BELOW OPTIONS - - SCAN HE
Business Today5 min readCorporate Finance
The Family Mint
FROM BILL & MELINDA Gates to Amazon’s Jeff Bezos; Google’s Sergey Brin to the Waltons of Walmart; Chanel’s Wertheimers to Dubai’s ruler Sheikh Mohammed bin Rashid al-Maktoum; Infosys’ N.R. Narayana Murthy to Wipro’s Azim Premji; Dabur’s Burmans to Ma
Business Today1 min read
India’s Business Dynasties
THE CUMULATIVE MARKET CAP OF THE 51 FAMILY-OWNED BUSINESSES IN THE BSE 100 INDEX ON AUGUST 16 THE NUMBER OF PEOPLE EMPLOYED BY THESE BUSINESSES INDIA’S RANK AMONG COUNTRIES WITH THE HIGHEST NUMBER OF FAMILYOWNED BUSINESSES, ACCORDING TO EY THE TOP 10
Business Today4 min readSmall Business & Entrepreneurs
The Moonshot Opportunity
THE COVID-19 PANDEMIC has forced a reshuffling of the wealthy Indian diaspora, with traditional Indian family-run businesses making way for the new gilded age of start-up entrepreneurs and technology-driven business models. The pandemic nudged many I
Business Today10 min read
‘Going Forward, Our Thrust Will Be To Grow In Smaller Towns’
Amit Jatia, Vice Chairman of Westlife Development—which runs the McDonald’s outlets in the West and South of India—is an unlikely ‘Hamburgerologist’ (one who has a degree from the Hamburger University run by McDonald’s). Jatia, a vegetarian who hails
Business Today1 min read
In Depth Knowledge From The Most Credible Source
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The Quiet Mover
NOWHERE IS INDIA’S EPITHET—pharmacy of the world—more apt than in the case of some big pharmaceutical companies. One such company is Aurobindo Pharma, which has steadily grown over the past 10 years to become the second-biggest Indian pharma company
Business Today7 min read
Your Cargo’s journey
IT’S A MUGGY July evening in Ludhiana, a bustling town of over 1.6 million in Punjab that is renowned for its apparel production and exports. In the lush green premises of Eveline International on G.T. Road in the Dhandari Kalan area, a group of labo
Business Today8 min readSmall Business & Entrepreneurs
Not So Fab-ulous
FOUNDED IN 2007, Saankhya Labs is one of the few Indian fabless companies that has steered through many a tough time since its inception. With 73 international patents, Saankhya has been developing its own chips, building software-defined radio chips
Business Today6 min read
One Planet, One Policy
DO YOU FREQUENTLY TRAVEL abroad for work? If you do, one of your biggest worries may be how to access quality healthcare in case of an emergency. The fact that the quality of healthcare varies from place to place, coupled with getting access to good
Business Today2 min read
When Good Gets Better
The MacBook Air set the agenda when it was first launched and soon became immensely popular with professionals. Apple has gone in for a complete refresh with its latest iteration. The iconic wedge-shaped design—aped by many laptop makers—has been let
Business Today4 min readChemistry
Diamonds Are Forever
AKSHITA SINGH, A DELHI-BASED interior designer, loves diamonds. “They are a girl’s best friend,” she laughs. Her latest purchase is a diamond pendant with matching earrings and she has her eyes set on a bracelet. But her purchases haven’t depleted he
Business Today2 min read
Fantastic Fold
Last year, I’d said that there was nothing quite like the Galaxy Z Fold3. This year, Samsung has refined the ‘almost perfect’ foldable. The Galaxy Z Fold4 has shed a few millimetres and lost 8 gm—and that makes a big difference. The 6.2-inch outer co
Business Today1 min read
The Best Advice I Ever Got
WhiteOak Capital Asset Management Ltd is India’s youngest AMC, founded and run by professionals What was the problem you were grappling with? We were re-strategising a business when I took up my role as a CEO for the first time in late 2012. I was ta
Business Today2 min read
Target 100
Associate Partner Knowledge Partner Sustainability Partner Logistics Partner Associate Partner Insurance Partner Radio Partner Media Partner Trade Media Partner AS THE NATION reverberated with celebrations of 75 years of Independence, Business Today
Business Today2 min read
Family Businesses in a New India
In many ways, India’s growth story has also been the story of the rise of its business families. It is well known how India’s storied business families set up the basic structure of Indian business over the past 75 years and even earlier. Today, no m

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