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Tata Steel’s India Bet
Business Today
BALLOONING DEFICIT • INDIA’S TRADE DEFICIT WIDENED TO AN ALL-TIME HIGH OF $25.63 BILLION IN JUNE. A LOOK AT THE KEY NUMBERS
THE BANKING FRAUDSCAPE • The CBI in June booked the promoters of DHFL for defrauding a consortium of 17 banks of over ₹34,000 crore, making it the biggest banking fraud in the country. According to data available with the RBI, the Indian banking system has been reporting frauds of more than ₹100 crore a day on average for the past five years. Here’s what the numbers say:
THE BUZZ BRIEFINGS
THE BUZZ SPOTLIGHT
India Set to Drive Global Aircraft Sales • The dogfight for the Indian skies may still be a few months away, but global jet makers are already trying to outdo each other to bite off the biggest chunk of the lucrative aircraft order pie
The Shrinking Money Pot • Are retail investors losing out in the race to invest overseas?
Where is My Money, Honey! • The first half of the year saw lukewarm market performance because of global headwinds. The second half, too, is unlikely to provide much relief to investors
READ CREDIBLE, INSIGHTFUL BUSINESS STORIES
The Question of Profits • This may turn out to be only a short-lived interruption to the corporate profit cycle that began in 2020, but could as easily be the start of a longer down cycle
STEELING IN IN INDIA • UNDER THE STEWARDSHIP OF T.V. NARENDRAN, TATA STEEL IS MAKING ALL THE RIGHT MOVES IN THE DOMESTIC STEEL MARKET
REBUILDING RBL BANK • A CAREER PUBLIC SECTOR BANKER IS NOW AT THE HELM OF AFFAIRS OF TROUBLED PRIVATE SECTOR LENDER RBL BANK. A PEEK INTO THE MIND OF THE NEW MD & CEO R. SUBRAMANIAKUMAR AND HIS STRATEGY TO TURN AROUND THE BANK
THE SUN ON MY ROOF • THE COMMERCIAL AND INDUSTRIAL SEGMENT ACCOUNTS FOR THREEFOURTHS OF THE COUNTRY’S ROOFTOP SOLAR INSTALLATIONS, DRIVING INDIA’S RENEWABLE ENERGY PUSH
SUN, SEA, STETHOSCOPE & START-UPS • MEDICAL TOURISM WAS ALWAYS POPULAR IN INDIA BUT NOW START-UPS ARE ENTERING THE FRAY TO OFFER END-TO-END SOLUTIONS FOR VISA, TRAVEL, ACCOMMODATION, DOCTOR/HOSPITAL RANKINGS—ALL SQUEEZED INTO ONE SINGLE PACKAGE
IN DEPTH KNOWLEDGE FROM THE MOST CREDIBLE SOURCE
‘Global uncertainties will lead to business models changing’ • Harsh Goenka, Chairman of RPG Enterprises, shares his views on diversification, M&As, happiness and how companies can deal with uncertainty
A ROUND OF APPLAUSE • A UNIQUE HUB-AND-SPOKE MODEL HAS CREATED A NICHE FOR APPLAUSE ENTERTAINMENT’S CONTENT FACTORY, LED BY ITS BIGGEST HIT TO DATE, SCAM 1992. CAN THE SAMEER NAIR-LED CONTENT STUDIO KEEP GOING?
THE JOURNEY
ASSEMBLY LINE PRODUCTION • THE CREATIVE STUDIO HAS PRODUCED MANY SHOWS IN THE PAST FIVE YEARS…
On Cloud Nine • A FLESHED OUT STRATEGY AND EFFICIENTLY MANAGED CLOUD SERVICES CAN HELP AN ORGANISATION’S DIGITAL TRANSFORMATION JOURNEY THROUGH THE COMPLEX MULTI-CLOUD ECOSYSTEM
HOW TO MANAGE YOUR HOME LOAN EMIS • THE ERA OF LOW INTEREST RATES SEEMS TO BE OVER WITH THE RBI RAISING THE REPO RATE BY 0.9 PER CENT IN JUST 36 DAYS. GOING FORWARD, HOME LOAN RATES ARE EXPECTED TO CROSS 8 PER CENT THIS YEAR. AS LENDERS RAISE RATES, HERE’S HOW YOU CAN MANAGE RISING HOME LOAN EMIs
‘Disruptions drive core innovation potential’ • Honeywell International Inc.’s Senior VP & CTO Suresh Venkatarayalu says large companies have become more agile these days
HAVE YOUR PLATE AND EAT IT TOO • Chew your way through edible cutlery and crockery to fight plastic waste
STAY HEALTHY, STAY SAFE • The pandemic has made disinfection a part of the daily routine of many....