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Business Today

Business Today 20-Sep-20

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
Fréquence:
Biweekly
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2 min.
mastering wealth

You earn. You manage. You protect. That’s easier said than done though. Especially under the circumstances when businesses and individuals alike have their eye set on wealth erosion and wealth protection rather than wealth generation. But wealth is really in the eye of the beholder. Nothing is more awe-inspiring than super wealth generators. They remain THE role models to emulate in democratic, free economies. In the past five years, Reliance’s Mukesh Ambani, Bajaj Finance’s Sanjiv Bajaj, Minda Industries’ Nirmal Minda and GMM Pfaudler’s Ashok Patel have made investors and themselves far wealthier than their peers. Coupled with some equally impressive wealth creation at HDFC Bank, The Titan Company, Deepak Nitrite and Alkyl Amines, they represent the cream of the money spinning super-large, large, medium and emerging enterprises in the country today.…

3 min.
leading from the front

You took over the leadership of SRM Technologies in the middle of the lockdown. How difficult was it to connect with an entirely new team digitally? What was the biggest challenge that you faced in doing so? I took over as the CEO of SRM Technologies in late May in the middle of complete lockdown. I only had digital tools at my disposal and the unique challenge of not only getting up to speed with a new company and its operations but also communicating with employees and stakeholders. I was quick to realise that the multitude of never-before-seen challenges presented as many opportunities as roadblocks. The biggest opportunity I would say was to disrupt the way the company has been traditionally operating, at a lightning speed, something that would have otherwise…

1 min.
rail freight picks up

↘ Indian Railways carried 95.2 million tonnes of freight traffic in July (1.7 per cent more than in June) ↘ There has been a sharp recovery after the 36.6 per cent dip in April when goods movement was badly hit due to the lockdown RAIL FREIGHT TRAFFIC (Million Tonnes) Crude Oil Usage Down 22% ↘ While domestic crude oil output was down 6.9 per cent in Q1 FY21, consumption slumped 22.2 per cent due to the lockdown, as opposed to a 2.3 per cent fall in the previous year ↘ One reason for low output was massive fire at Oil India’s field in Baghjan in Assam Y-O-Y CHANGE (%)…

2 min.
all about wealth

Had you invested ₹1 lakh in Reliance Industries in 2015, it would be worth ₹4.4 lakh now. If you had invested two days before the lockdown, it would have grown even faster to ₹2.5 lakh today. But if you invested in smaller firm GMM Pfaudler, it would have grown to a whopping ₹14.68 lakh in last five years. Letting your money work as hard as you do is the key to wealth creation. Equity investment remains the preferred mode of wealth creation and sharing. In the following pages, consider how some of India’s biggest equity wealth creators have fared in the past five years. They are clubbed in four categories: Super Large, Large, Medium and Emerging. If you missed investing in them, check out those that are the potentially biggest wealth…

1 min.
how we did it

This is the first edition of the BT Wealth Issue where we have identified companies that created the most value for owners and individual investors over five years. We started with companies in the Nifty 500 list. As a first step, we eliminated all companies that had incurred losses any time during the five-year period. We divided them into four categories on the basis of gross sales: Super Large (₹75,000 crore or more); Large (₹7,500 crore to ₹75,000 crore); Medium (₹1,500 to ₹7,500 crore) and Emerging (lower than ₹1,500 crore). As part of the initial screening criteria, we applied a filter of minimum four-year CAGR of 15 per cent in gross sales for all categories except Super Large. The top players were identified as best combination of four-year gross profit CAGR…

5 min.
super large company #1 game changer

“CONSUMER BUSINESSES TODAY CONTRIBUTE ABOUT 35% OF OUR CONSOLIDATED EBITDA. JUST FIVE YEARS AGO, NEARLY ALL OF OUR EBITDA WAS FROM OUR ENERGY AND MATERIALS BUSINESS”Mukesh Ambani, Chairman, RIL at the company’s virtual AGM in July 2020 When Mukesh Ambani addressed the Reliance Industries (RIL) annual general meeting in 2017, the launch of telecom venture Reliance Jio was still a couple of months away. Though shareholders knew about Ambani’s project execution skills, many were unconvinced about the investment opportunity in an incumbent dominated, price-war driven telecom business. Ambani then announced the next 10 years will be the ‘Golden Decade’ of RIL as the company founded by his father Dhirubhai Ambani celebrates the Golden Jubilee of its initial public offering (IPO) in 2027. As the world pushes towards a future in renewables, Ambani…