Business Today1 min de lectureScience & Mathematics
Mariwala’s Right Click
Patience and dare come naturally to those into photography. Once at Ranthambore, Sanjaya Mariwala, Executive Chairman and Managing Director, OmniActive Health Technologies, waited for hours for the tigress to come out of her cave. “All the people aro
Business Today1 min de lecture
Fewer e-Way Bills Generated in FY21
↘ A total of 61.7 crore e-way bills were generated in FY21, slightly less than 62.9 crore in FY20, due to severe lockdown and transport restrictions in the first few months of the financial year ↘ This despite generation of more than 71 million e-way
Business Today1 min de lectureComputers
Beautifying Living Spaces With Innovation And Aesign
GM, a leading switches and home electrical company in India has introduced revolutionary products like new generation Switches, Home automations, LED lights, Fans, Bluetooth music players and much more with the aim to provide the best of design and c
Business Today5 min de lecture
“We Will Soon Have Autonomous Trains Running On Mainlines”
With the Bombardier acquisition, how has your footprint changed in India? Alstom has made huge investments in India. We have set up several factories, recruited a lot of people and also invested significantly in technologies. This was primarily to me
Business Today1 min de lectureComputers
Digital First: The Roadmap
Increased focus on data analytics Acquired Hyderabadbased wearable technology company HUG Innovations last year to scale up its wearable watches business Launched smart wallet Titan Radar Embraced online retail across formats during the pandemic; sel
Business Today1 min de lecture
Highly Stressed Loans
% of gross NPAs and stressed loans out of total loans, December 2020. Source: Multiple banks ■
Business Today13 min de lectureFinance & Money Management
New Stress Pockets
(In ₹ crore); MSMEs include priority sector; Personal loans as of Feb 2021; Source: RBI In a large Mumbai-based private bank, collection and recovery targets for executives in the credit cards and personal loans division have doubled this year. The b
Business Today1 min de lecture
Stock Markets Have Their Best Run in 11 Years
↘ Indian stock markets extended gains in March 2021. The Nifty 50 was up by 1.1 per cent and the S&P BSE Sensex by 0.8 per cent ↘ With this, the Nifty 50 and the S&P BSE Sensex have given 70.9 per cent and 68 per cent returns, respectively, in FY21,
Business Today1 min de lecture
RBI Heralds Longest Stint of Stable Rates
↘ The Reserve Bank of India (RBI) kept repo rate at 4 per cent and reverse repo rate at 3.35 per cent in the monetary policy announced on April 7 ↘ With this, the Indian economy has seen the longest period of stable interest rates in 15 years Home lo
Business Today1 min de lectureComputers
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Business Today1 min de lectureEarth Sciences
Call Of The Mountains
Hiking trips are generally for the adventurous, but for Dr. Om Manchanda, Managing Director, Dr Lal PathLabs, they are more of a spiritual experience. “I love to feel and hear the sound of nature. I go to mountains to bask in the glory of scenic plac
Business Today12 min de lecture
The New Titan
C.K. Venkataraman, 60, the new Managing Director of Titan Com-pany — who cycles to office every day and is a regular marathoner — thinks that age is just a number. He loves to sing and has many a times unknowingly entertained his co-passengers on fli
Business Today9 min de lecture
Uncertainty Returns
When Mumbai-based homemaker Van-dana Mathur called her neighbourhood grocer to order essentials such as rice, oil and atta last week, she was told they were out of stock. Though the grocer assured her he would deliver the products at her doorstep by
Business Today1 min de lecture
NBFC Stress Test
MSMEs include LAP & unsecured loans; unsecured loans include personal loans/consumer durables; 2020/21 provisional estimates; Figures in %; Source: CRISIL ■
Business Today7 min de lectureCrime & Violence
Mediation On The Table
A Bollywood celebrity checked into one of the popular spa chains in the airport for a shoulder massage. In the middle of the massage, she called off the session and made a distress call to the police, claiming that the masseuse touched her inappropri
Business Today1 min de lecture
Mustafa’s Offside Lessons
P.C. Mustafa, Co-Founder and CEO, iD Fresh Foods, rarely misses an opportunity to play a game of football with his friends and colleagues. The sport, he says, has taught him valuable lessons in team spirit, agility and resilience. “The team has a com
Business Today1 min de lecture
Worst Hit
More than 82 per cent of small businesses face the heat Source: DUN & BRADSTREET On sectoral level, manufacturing firms affected the most, around 90 per cent against 78 per cent in services Even with unlocking, 70 per cent of businesses remained disr
Business Today1 min de lecture
India Inc Poised for Blockbuster Q4 Earnings Show
↘ Indian companies are expected to deliver a strong performance in the March quarter with revenue growth of 15-17 per cent to `6.9 lakh crore, according to a CRISIL Research estimate ↘ The double-digit expansion will follow eight quarters of decline
Business Today5 min de lecture
Sprint To Finish
As of India Inc’s January-March quarter results for FY21 trickle in, early birds bring good tidings of robust earnings momentum. Companies look set for a strong show in Q4 on a low base in the previous fiscal. How-ever, the recent surge in infections
Business Today14 min de lecture
Economic Whirlwinds
At 8:05 PM on April 20, the Twitter handle of the Prime Minister’s Office (PMO) announced that PM Narendra Modi will address the nation on the Covid-19 situation in the next 40 minutes. The PMO tweet put the entire country on listening mode since Mod
Business Today1 min de lecture
Bumps On Retail Street
Malls, high-street stores and restaurants see the second wave wiping out gains made in the brief recovery period from December to February 40-45 per cent dip in footfalls in locations where weekend curfews, early closures and other restrictions are i
Business Today1 min de lecture
All About Wearables
36.4 million (volume) in 2020 vs 14.9 million in 2019 Around 30.4 million units sold in 2020 Saw 139.3 per cent growth over last year, with 2.6 million units sold in 2020; accounted for ₹2,615 crore of Titan's total revenue in FY20 Declined by 34.3 p
Business Today1 min de lecture
MSMEs Bear The Brunt
When the country went into a nationwide lockdown last year to fight the first wave of Covid, the worst hit were micro, small and medium entrepreneurs (MSME). Just when these MSMEs thought business was picking up, the second wave hit them hard. For ex
Business Today1 min de lecture
“Important To Manage Intent And Impact During Transformation”
What was the problem you were grappling with? Early on in my career, I was responsible for driving strategic initiatives for a large corporation. However, I was unable to execute them because of resistance from existing teams who were sceptical…There
Business Today1 min de lecturePolitics
GST Collections Up 27% in March
OF THE TOTAL GST COLLECTED DURING THE MONTH, CENTRAL GOODS AND SERVICES TAX AMOUNTED TO `22,970 CRORE, STATE GOODS AND SERVICES TAX `29,330 CRORE AND INTEGRATED GOODS AND SERVICES TAX `62,840 CRORE ■
Business Today2 min de lecture
Shaky Quarters, Stalled Recovery!
April-June 2021 was supposed to be the quarter of redemption. A quarter of ‘Hope’ that was to herald India’s great economic recovery after Budget 2021 finally acted on reviving consumption in the economy with an unprecedented infrastructure push. Cen
Business Today1 min de lecturePolitics
Direct Tax Collections Lowest In 3 Years
THE FINANCE MINISTRY’S PROVISIONAL FIGURES SHOW THAT NET DIRECT TAX COLLECTIONS WERE 5 PER CENT HIGHER THAN THE REVISED ESTIMATE FOR FY21. THE COLLECTIONS AT `9.45 LAKH CRORE, THE LOWEST IN THREE YEARS, WERE 104.7 PER CENT OF THE REVISED ESTIMATE OF
Business Today6 min de lecture
Asset Monetisation: The Missing Model
At a time when government finances have been hit due to Covid-19, Finance Minister Nirmala Sitharaman intro-duced a new mechanism of revenue mobilisation in Budget 2021—asset monetisation. It aims to unlock value from public assets and tap the privat
Business Today1 min de lecture
Banks Exposed via NBFC Funding
In ₹ crore; Source: RBI ■
Business Today1 min de lecture
India’s Current Account Back in Negative Zone
↘ December-quarter numbers show normalisation of trade after lifting of the lockdown. The earlier surpluses were driven by a sharp dip in imports ↘ The current account deficit in Q3 2020 was also mainly due to a rise in trade deficit to $34.5 billion
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