8 January 2023

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 Today2 min read
New Kids on the MF Block
A battle royal is brewing in the bustling asset management space. As new investors come into the markets in droves, bolstered by the rising stock indices and armed with apps that allow them ease of trading on smartphones, a slew of new players is lin
Business Today1 min read
Making Hay
SOURCE DEPT OF AGRICULTURE & FARMERS WELFARE, CMIE, COMMISSION FOR AGRICULTURAL COSTS & PRICES, MEDIA REPORTS The likely surge in area under cultivation this rabi season from 62.7 million ha last season Pick-up in oilseed sowing till November-end to
Business Today1 min read
Moneyball
APART FROM THE GAME ITSELF, ANCILLARY CATEGORIES RELATED TO SPORTS ARE ALSO EXPECTED TO GROW MANIFOLD IN INDIA IN THE COMING YEARS Source: Anand Rathi Advisors IN CRICKET-CRAZY INDIA, OTHER SPORTS ARE ALSO GRABBING EYEBALLS (Viewership in million) 40
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)
Business Today4 min read
Calming the World
ON DECEMBER 7, PRECISELY 200 kites flew above the historic Kumbhalgarh Fort, when the participants of the G20 Sherpas meeting—from the 20 economies of the G20, nine guest countries and 14 international organisations—came visiting after finishing thre
Business Today3 min read
A Brand New Gateway
SINCE CHANGE IS life’s only constant, it ensures that priorities also evolve. The new international airport at Mopa in Goa is a prime example of this dynamism. Prime Minister Narendra Modi indicated as much while inaugurating the country’s 10th green
Business Today1 min read
Power Of 20
The G20 is a unique group of developed and developing economies that represents 85 per cent of the global GDP and two-thirds of the world population 1. Argentina 2. Australia 3. Brazil (next President) 4. Canada 5. China 6. France 7. Germany 8. India
Business Today4 min read
The Growth Coin
ON DECEMBER 7, WHEN Reserve Bank of India (RBI) Governor Shaktikanta Das announced the hiking of the repo rate (the rate at which the central bank lends to other banks) by 35 basis points to 6.25 per cent, heads nodded in agreement, as the hike was o
Business Today2 min read
Wings of Change
AIR INDIA, NOW a part of the Tata group, may abandon the Maharaja mascot as the airline’s management perceives the caricature of the mustachioed emperor in red livery as “outdated”. However, that may not prevent the 90-year-old carrier from soon anno
Business Today2 min readDiet & Nutrition
On a Wellness Path
HINDUSTAN UNILEVER LTD (HUL), the country’s leading fast-moving consumer goods (FMCG) player, is boosting its health & wellness products portfolio by picking up stakes in two home-grown companies—Zywie Ventures and Nutritionalab—for ₹334 crore. HUL p
Business Today9 min readIntelligence (AI) & Semantics
A Sneak Peek
5G IS ALL SET to revolutionise consumer experience and industrial automation in the New Year. 5G services are expected to be available across the country the over next few months—improving data speed for retail consumers and opening up business oppor
Business Today2 min read
On a Murky Path
IN EARLY DECEMBER, PTC India, a player in the power trading solutions business, faced a crisis when four of its six non-executive independent directors stepped down from the board. At the core of the issue are serious concerns over issues related to
Business Today2 min read
All In The Family
DO RETAIL INVESTORS prefer new-age financial products like nonfungible tokens (NFTs), Real Estate Investment Trusts (REITs), digital gold and curated stock baskets, among other options? Yes, if a recent survey by investing platform Smallcase and glob
Business Today2 min read
It’s Time for Action
A LACKLUSTRE 2022 has shown Bollywood that it needs to go that extra mile to draw in the crowds again. With star power and the opening weekend rush failing to carry a movie beyond the first Sunday in the face of the strong content found on OTTs, the
Business Today14 min read
The New Mutual Fund Challengers
FOR THOSE WITH specks of grey, or more, in their hair, you would remember the time when getting a demand draft made in a public sector bank was a full day’s job. That, too, if one was friends with the branch manager or, perhaps, a friendly teller. An
Business Today1 min read
The Vanishing Tribe
▸ HSBC MF acquires L&T MF ▸ Baroda MF merges with BNP MF ▸ Sundaram MF buys Principal MF ▸ Edelweiss MF acquires JPMorgan MF ▸ Goldman Sachs MF merges with Nippon India MF ▸ Aditya Birla Sun Life MF acquires ING MF ▸ HDFC MF acquires Morgan Stanley M
Business Today1 min readInvestments & Securities
En Route To Action
Firms that have applied for a mutual fund licence and are awaiting in-principle approval ABIRA SECURITIES EMKAY GLOBAL FINANCIAL SERVICES PHONEPE ANGEL ONE OLD BRIDGE CAPITAL MANAGEMENT ALCHEMY CAPITAL MANAGEMENT UNIFI CAPITAL WIZEMARKETS ANALYTICS F
Business Today9 min read
‘It’s A Tough Time To Be A Central Banker’
Douglas W. Diamond, often called the founder of modern banking theory, won the Nobel Memorial Prize in Economic Sciences in 2022 for path-breaking research aimed at enhancing the understanding of the role of banks in the economy, especially during fi
Business Today8 min read
Space trek
BREACHING THE HEAVENS THE GLOBAL SPACE ECONOMY IS EXPECTED TO EXPAND AT A CAGR OF 6 PER CENT TO $600 BILLION BY 2025 FROM $447 BILLION IN 2020 DATA AS OF 2020; PERCENTAGES DENOTE SHARE IN THE TOTAL SPACE ECONOMY SOURCE SPACE FOUNDATION, SATELLITE IND
Business Today1 min read
Who’s Doing What
▸ Small-lift, expendable Vikram series of launch vehicles designed to carry small satellites into Earth’s orbit ▸ Development of small-lift mobile launch systems such as Agnibaan to place 100-kg payloads in a 700-km orbit ▸ Building a health monitor
Business Today7 min readSmall Business & Entrepreneurs
Looking For Unicorns
AFTER SPENDING OVER 20 years helping multinational financial firms set up captive centres in India, Ashish Bhatia felt his job was getting too comfortable and it was time for a change. Seeing the startup fever sweeping the country, Bhatia jumped in.
Business Today2 min readSmall Business & Entrepreneurs
‘India May Haye Its First Spacetech Unicorn In 2023’
Now that a few spacetech start-ups have had major demonstrable successes, how much ground has been covered by IN-SPACe in the two years since it was founded? Since the full team at INSPACe started operating only in April 2022, we have practically bee
Business Today1 min readInvestments & Securities
Searching For Fuel
▸ Accelerators run mentor-based programmes to help seed- and early-stage start-ups with guidance, mentorship, and financing ▸ A majority of accelerators in India are funded by government grants and CSR programmes ▸ The traditional model of accelerato
Business Today6 min read
Tech’s HR Reality Check
PRECISELY WHAT AILS the Indian IT sector is anyone’s guess today. But one overarching challenge the sector—noted to be a top global outsourcing IT/ITeS hub—faces today is related to human resources. What was once known to attract top talent from acro
Business Today6 min readIntelligence (AI) & Semantics
Being Sensible With Tech
AMAZON TERMINATED ITS recruiting tool in 2018 after it was found to show a bias against women. So, why did the artificial intelligence (AI) tool not like women candidates? When the engineers dug into it, they found that the AI was trained using data
Business Today1 min read
Cracking The Code
▸ AI NOT ONLY AFFECTS INDIVIDUALS, BUT ALSO COMMUNITIES AND SOCIETY ▸ DATA ITSELF CANNOT MAKE DECISIONS, SO AI SYSTEMS NEED INTERVENTION AND CHECKS AT ALL LEVELS ▸ COMPANIES INFUSE A LOT OF DATA FROM DIFFERENT SOURCES INTO AI SYSTEMS, BUT FAIL TO ANA
Business Today5 min read
New Year‚ New Agenda
The year 2022 will be remembered as one of extraordinary upheaval for investors. Reflecting the volatile year, the benchmark S&P BSE Sensex swung nearly 13,000 points from the low of 50,921.22 on June 17 to a record high of 63,583.07 on December 1. I
Business Today6 min read
Sipping On Legends
MARTINI, SHAKEN NOT STIRRED” said James Bond in Sean Connery’s third appearance as Bond in the 1964 film Goldfinger, and singlehandedly made it one of the most fashionable drinks in popular culture. But did Bond get it wrong? Should a martini be stir
Business Today2 min read
A Stress-free Holiday
AIRFLY DUO $44.99 The Duo lets you and your friend use your favourite buds to enjoy in-flight entertainment We’re used to using headphones/earphones sans wires. So why make an exception when you’re flying? Break free of wires with this flight accesso
Business Today2 min read
Teeing off In Style
IT WAS PITCH DARK, AND A CHILLY 7 DEGREES AT 7 AM ON DECEMBER 18, WHEN THE FIRST GOLFERS AMBLED IN TO REGISTER FOR THE BUSINESS TODAY GOLF TOURNAMENT’S DELHI LEG AT THE CLASSIC GOLF & COUNTRY CLUB IN HARYANA. BY 8 AM, TEE-OFF TIME, THE SUN HAD APPEAR
Business Today2 min read
‘There Are Hidden Opportunities In Every Crisis’
What was the problem you were grappling with? I am reminded of the 2008 financial crisis. I had just been appointed General Manager of staffing firm Randstad for Eastern Europe. It was a tough time as most companies had to restructure their operation

Business Today

More Issues From Business Today