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Business TodayBusiness Today

Business Today 17-Nov-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.

Pays:
India
Langue:
English
Éditeur:
Living Media India Limited
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26 Numéros

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3 min.
if you can’t beat them, join ’em

The kirana apocalypse – that dreaded wipe-out by e-tail of your friendly neighbourhood grocery store – never took place. And now, probably, never will. With barely 3 per cent share of India’s $795 billion retail market after plodding through two decades, e-tail hardly turned out the kirana killer it was made out to be. Call him Lala, Pansari, Parchun or grocery, your neighbourhood kirana – the equivalent of American mom-and-pop stores – has not just survived but flourished. Now he’s the centre of attraction as e-tail and consumer firms realise that “If you can’t beat them, join ’em”. In our cover story this week, some of India’s consumer giants, including HUL, Reliance Retail, Amazon and Walmart-Flipkart, are vying with each other for the kirana’s undivided attention. They are getting kiranas on-board their…

1 min.
business today

Editor-in-Chief: Aroon Purie Group Editorial Director: Raj Chengappa Editor: Rajeev Dubey Group Creative Editor: Nilanjan Das Group Photo Editor: Bandeep Singh Executive Editor: Anand Adhikari Deputy Editors: Goutam Das, Ajita Shashidhar, Naveen Kumar (Money Today) SPECIAL PROJECTS AND EVENTS Senior Editor: Anup Jayaram CORRESPONDENTS Senior Editors: P.B. Jayakumar, Nevin John, Joe C. Mathew, E. Kumar Sharma, Anilesh Mahajan, Dipak Mondal, Manu Kaushik, Sumant Banerji Associate Editors: Nidhi Singal, Rashmi Pratap Senior Assistant Editor: Sonal Khetarpal Assistant Editors: Rukmini Rao, 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 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 Aggarwal Senior…

1 min.
businesstoday.in

STAY CONNECTED WITH US ON www.facebook.com/BusinessToday@BT_India How Consumer Durables Brands Are Wooing Millennials Brands have not only started segmenting their offerings as per consumer profiles, they have also become more careful about ensuring that there isn’t much difference between their online exclusive and regular offerings businesstoday.in/consumerdurables-brands PERSPECTIVE Why OYO Hotels’ Recent Funding Round Is Like a Face-saving Act of SoftBank The existing investors, including SoftBank, Airbnb and Greenoaks Capital, want to plough another $800 million in the start-up. They see more potential in OYO’s valuation, as it has doubled from $5 billion to $10 billion in just over a year businesstoday.in/oyo-investment NEWS Insurers’ Honeymoon with Fasal Bima Yojana Seems to Be Getting Over The insurance companies initially raked in good profits, but things are changing now. The first one to bid goodbye to crop insurance is one of the largest…

1 min.
data wars

EVEN AS THE Indian automobile industry grapples with an unprecedented demand slowdown, a war over data has ensued between two industry bodies—Society of Indian Automobile Manufacturers (SIAM) that represents OEMs (original equipment makers) and Federation of Automotive Dealers Federation (FADA), the body of over 15,000 dealers. SIAM releases auto sales figures in the first fortnight of every month. Over the past 12 months, FADA has been releasing its own data, sourced from the government’s Vahan website. The SIAM data is on the number of vehicles dispatched from factories to dealers while Vahan provides the actual number of vehicles registered in the country in a month. Typically, the two should even out over a period of time. In the last six months, as the slowdown has deepened, there has been a divergence.…

1 min.
narrowing interest rate window

THE RESERVE BANK Of India’s (RBI’s) interest rate easing window is narrowing with a sharp rise in consumer price inflation (CPI) by 71 basis points to 4 per cent in September. There are also concerns of higher fiscal deficit after the recent corporate tax rate cut where the government is expected to suffer revenue losses of ₹1.45 lakh crore. The fiscal deficit target for the Centre is 3.3 per cent for 2019/20. Another looming danger is from state finances which are not in good shape. India Ratings last week said the combined fiscal deficit of states for 2018/19 will be 2.9 per cent instead of the budgeted 2.6 per cent due to expansionary policies followed by state governments. Farm loan waivers and social schemes for the poor are being promised by…

1 min.
second thoughts

THE GOVERNMENT is finally realising that the insolvency and bankruptcy system has been choked by frivolous and unnecessary cases and that it needs an alternative resolution mechanism to rescue the Insolvency and Bankruptcy Code (IBC). Right from ministers and the MCA secretary to Insolvency and Bankruptcy Board of India Chairman, everyone has been saying that all default cases should not be referred to the National Company Law Tribunal (NCLT), the adjudicating authority under the IBC. The refrain now, it seems, is that since it is a rigorous process, only cases which involve large outstanding amounts should be referred to the IBC. According to the government, so far, 21,000 default cases have been referred to the NCLT. Of that, 10,000 cases have been settled — 8,500 cases settled prior to admission and…