Business Today

An ambitious, greedy banker ran his company aground by disbursing massive loans from the publicly listed bank in lieu of back-deals to enrich himself. That’s how the Enforcement Directorate has presented its case against former Yes Bank promoter and

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 Kuma

STAY CONNECTED WITH US ON www.facebook.com/BusinessToday@BT_India From time to time, you will see pages titled “An Impact Feature” or “Advertorial” in Business Today. This is no different from an advertisement and the magazine’s editorial staff is no

The dividend payout ratio of CPSEs touched a sixyear low in FY19, though their net profit grew 15.2% 62.3% Dividend payout ratio in FY17, a 10-year high Government guidelines on capital restructuring of CPSEs in 2016 supported double-digit growth in

Source: CMIE Decline in net sales in Q3FY20 after a 6.5% fall in the September 2019 quarter Fall in profit before tax in the December quarter; profit after tax slipped 21.2% Number of consecutive quarters during which profits fell (y-o-y), both befor

(excluding revised returns) 51.8 MILLION AY16/17 53.2 MILLION AY17/18 62.8 MILLION AY18/19 63.5 MILLION AY19/20* *Up to 15 Feb 2020 Source: Lok Sabha Net tax liability involved in e-returns in AY19/20 (up to 15 Feb 2020) compared to ₹8.05 lakh crore

Source: Technopak Analysis ■

• A thorough audit of the entire ₹3 lakh crore-loan book to look for stress signs • Assessing value and quality of collateral • Ask for more collateral in cases where the value has gone down • Hiring to build recovery and resolution capabilities and

High flying foreign banker Rana Kapoor, who stitched the Tata-Tetley deal in early-2000, got in the driver’s seat when two other co-founders abruptly exited from Yes Bank. The 62-year-old pounced on the corporate lending opportunity in the post-2008

DEPENDENCE ON CHINA IMPACT | 18% auto components are imported; 30% of tyre imports | Inventories sufficient in short term; but lack of even a single critical component can hurt OEMs Local Indian auto-component manufacturers cannot immediately capital

3% Tourism 20% Machinery 25% Automotive 33% Organic chemicals 45% Electronic goods 70% API, antibiotics 80% Solar cells and modules 100% Selective antibiotics and antipyretics ■

At a time when every business is in trouble, there are some bright spots. This includes makers of hand sanitisers and masks. As hand sanitisers are disappearing from store shelves, Philipe Haydon, CEO, Himalaya Drug Company, says: “People call me a h

Career Growth Path Compensation & Benefit Package Challenging Work Opportunities Work Life Balance & Flexibility Learning Opportunities ■

Google Pay has grown from 22 million MAUs in September 2018 to 67 million MAUs in September 2019, driving transactions worth over $110 billion on an annualised basis, with hundreds of thousands of offline and online merchants With Google Station – a

SCORES HIGHLY ON Career Growth Path Healthy Work Environment Compensation & Benefit Package Talent is a key priority area for India’s second-largest drugmaker which has an India-specific talent strategy in place since 2014. “We focus on exceptional p

SCORES HIGHLY ON Challenging Work Opportunities Career Growth Path Learning Opportunities The employees of Larsen & Toubro, be it Chairman A.M. Naik or shop floor employees at its numerous factories, take immense pride in the iconic projects they hav

SCORES HIGHLY ON Healthy Work Environment Career Growth Path Compensation & Benefit Package India’s third-largest private lender, Axis Bank, under its new chief Amitabh Chaudhry, has woven a people-centric strategy around the delivery of three impor

SCORES HIGHLY ON Work Life Balance & Flexibility Career Growth Path Learning Opportunities The IT giant is taking quick and nimble strides to ensure it remains an attractive destination for career growth. On January 30, IBM’s board of directors elect

SCORES HIGHLY ON Compensation & Benefit Package Career Growth Path Challenging Work Opportunities Reliance Industries (RIL), India’s most profitable company, has onboarded about 130,000 employees in the last two-and-a-half years as part of building

SCORES HIGHLY ON Work Life Balance & Flexibility Healthy Work Environment Compensation & Benefits Package Titles do not necessarily convey the whole story. But if Anupam Trehan is referred to as Head, People & Communities, and not CHRO, there is an

SCORES HIGHLY ON Compensation & Benefits Package Career Growth Path Culture of Innovation While Facebook has often hit headlines for all the wrong reasons, but there is no denying the perks, flexible work options and best of technology to work on it

SCORES HIGHLY ON Career Growth Path Work Life Balance & Flexibility Learning Opportunities It’s been tough times for most retail companies as consumption fell last year and fashion retailer, Lifestyle International is no exception. B. Venkataramana,

SCORES HIGHLY ON Career Growth Path Compensation & Benefits Package Learning Opportunities On January 14, in his earnings call after announcing the third quarter results of IT major Wipro, Abidali Z. Neemuchwala, the company’s CEO and MD, highlighted

SCORES HIGHLY ON Career Growth Path Learning Opportunities Compensation & Benefits Package Uday Kotak, Chairman and MD, Kotak Mahindra Bank, says a mix of digital and physical is leading to a change in the nature of jobs and also bringing new skill

SCORES HIGHLY ON Challenging Work Opportunities Career Growth Path Learning Opportunities If you are in the parcel service industry, doorstep delivery has to be an integral part of your business plan. But what about an internal programme called 'HR A

The Business Today-PeopleStrong Best Companies to Work For Survey has been a sounding board for not just us but to employers in general for over a decade. Capturing the deepest insights from the salaried employee base of India, the survey has helped

This is the 18th edition of the Business Today Best Companies to Work For survey conducted in collaboration with HR solutions company PeopleStrong. The survey aims to understand the perceptions and aspirations of India’s employees across industries.

CORONAVIRUS PANDEMIC: Markets are likely to be highly volatile till the fear fades away GLOBAL SLOWDOWN: Weaker global growth may hit sentiment LOWER CRUDE PRICE: Oil is India’s largest import. A lower oil price will reduce the import bill. This will

The rapid spread of the novel coronavirus (Covid 19) across the globe has got investors worried about the impact this will have on the financial markets, especially equities. In such a situation, the question on the minds of investors is whether to s

The BSE Sensex crashed 2,919 points on a Thursday of mayhem. More than ₹11.4 lakh crore of investor wealth was wiped out in a matter of hours. The spread of coronavirus across the world; a 45 per cent crash in oil prices, the biggest drop since the G

In the end, it was a tie for the title of the Bank of the Year at Business Today-Money Today Financial Awards 2020. State Bank of India (SBI) and private sector major HDFC Bank jointly bagged the award. HDFC Bank won for the sixth year running, while

Like most children, Vivek Bhargava, CEO of DAN Performance Group, dreamed of becoming a sports star when he was a child. And he had the skill to back it up. A table tennis player, he went on to compete at state and national level championships. Howev

Q. What was the problem you were grappling with? A. When faced with handling out-of-hospital care for my father, we came across a complete lack of institutional solutions for taking care of elderly chronic patients. While the potential opportunity wa