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 / Business et Finance
Business Today

Business Today 19-May-19

A leading business magazine read by the business leaders for staying ahead and managing challenges that comes right away in the ever changing world of business.

Living Media India Limited
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26 Numéros


3 min.
the ceo pay conundrum

The great executive pay debate started many decades ago and it has become more heated over the years. One reason is that despite all the discussions and noise, the gap between the CEO’s (and other top management) compensation and that of the average worker has only widened over time. The late management guru Peter Drucker, in his writings and speeches – in the 1970s and 1980s – had advocated no more than a 25:1 or 20:1 ratio between the top executive’s compensation package and what the average worker drew. Today’s remuneration committee members would probably laugh at Drucker’s naivety. A 2017 Economic Policy Institute report suggested that the average compensation of the US CEO was 271 times that of the annual average wage earned by a typical worker. Averages hide a…

1 min.
business today

http://www.businesstoday.in Editor-in-Chief: Aroon Purie Group Editorial Director: Raj Chengappa Editor: Prosenjit Datta Group Creative Editor: Nilanjan Das Group Photo Editor: Bandeep Singh Executive Editor: Anand Adhikari Deputy Editor: Naveen Kumar (Money Today) special projects and events Senior Editor: Anup Jayaram CORRESPONDENTS Senior Editors: P.B. Jayakumar, Nevin John, Goutam Das, Ajita Shashidhar, Joe C. Mathew, E. Kumar Sharma, Anilesh Mahajan Senior Associate Editors: Dipak Mondal, Manu Kaushik, Sumant Banerji Associate Editor: Nidhi Singal Assistant Editor: Sonal Khetarpal, Renu Yadav (Money Today) RESEARCH Principal Research Analysts: Niti Kiran, Shivani Sharma COPY DESK Senior Editor: Mahesh Jagota Senior Associate Editor: Kaveri Nandan Associate Editor: Sanghamitra Mandal Chief Copy Editor: Gadadhar Padhy Copy Editor: Aprajita Sharma Senior Sub Editor: Devika Singh PHOTOGRAPHY Photo Editor: Reuben Singh Deputy Chief Photographers: Shekhar Ghosh, Rachit Goswami Senior Photo Researcher: Sudhansh Sharma ART Assistant Creative Editor: Safia Zahid Deputy Art Director: Amit Sharma Associate Art Director: Ajay Thakuri Assistant Art Director: Raj Verma Designer: Rajesh Singh Adhikari PRODUCTION Chief of Production: Harish…

1 min.

STAY CONNECTED WITH US ON www.facebook.com/BusinessToday@BT_India PERSPECTIVES Maruti’s Decision to Phase Out Diesel by April 2020 May Hasten the End of the Road for the Fuel The company, however, will remain open to rethink if there are enough takers for that variant even after the prices go up after the BS-VI roll-out businesstoday.in/maruti-diesel How the Business of Chowkidars Is Changing Exponential technologies such as drones and IoT are expected to change how companies protect their assets and people businesstoday.in/corporates-chowkidars Why Ayushman Bharat May Stay Irrespective of Election Outcome Ayushman Bharat, which covers hospitalisation and diagnostic expenses of every major illness, has both public and private health-care providers within its ambit businesstoday.in/ayushmanbharat-benefits NEWS IBC Delivering Results; A Reform Modi, Jaitley Should Be Proud of Despite its flaws and constraints, the insolvency law has given the desired results in the short run and looks promising…

1 min.
tough times ahead

NOW THAT THE US has refused to extend the waiver on oil imports from Iran, Indian oil companies have been asked to reduce oil imports from Iran to zero by May 1. India has worked out supplies from Saudi Arabia, Kuwait, the UAE and Mexico to bridge the gap. However, that is not the end of the problem. Brent crude has already touched $75 a barrel. It hit $84 a barrel when the US first announced pulling out of the nuclear deal with Iran. In November, prices dipped to $50 a barrel on the Trump regime’s decision to grant waiver to eight countries, including India. The scenario may lead to a rise in international prices of petrol and diesel. Since April 21, oil companies have stopped correcting prices. There is another challenge: Iranian…

1 min.
slow on development

UNDER THE Members of Parliament Local Area Development (MPLAD) Scheme, each MP can suggest to the District Collector works to the tune of ₹5 crore per annum to be taken up in his constituency. Most projects are in priority sectors. One big hurdle, though, has been the increasing size of pending fund installments. In the 14th Lok Sabha, the unspent balance with district authorities was ₹173.4 crore. It grew to ₹552.86 crore in the 15th Lok Sabha. In the just ended 16th Lok Sabha, it touched ₹1,641.21 crore, close to 15 per cent of the total sanctioned amount of ₹11, 232.50 crore. The political and social cost of such delays can be immense, especially during election time.…

1 min.
mediation for faster resolution

THE INABILITY of the Insolvency and Bankruptcy Code (IBC) to dispose of a majority of the cases within the stipulated time is bothering the government and the regulator. While cases are to be resolved within 270 days, some have been dragging on for over one-and-a-half years without closure. As of December 2018, out of around 900 ongoing cases, 275 had crossed the 270-day time limit. Concerned with the delay, the government and the regulators have been thinking of new ways to address the issue. One is to have pre-pack resolution plans. The government is apparently planning to allow a mediation mechanism to reduce the time taken to resolve disputes. A mediator, as is the practice in some countries, might help expedite the process as the adjudicators – National Company Law…