Business Today

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Leadership in Testing Times

Business Today

GOING GREAT GUNS • INDIA’S DEFENCE EXPORTS HAVE INCREASED BY 24 PER CENT YEAR-ON-YEAR TO REACH AN ALL-TIME HIGH IN FY23. THIS REFLECTS THE COUNTRY’S PROGRESS IN BECOMING A DEFENCE PRODUCTION HUB. HERE ARE SOME KEY NUMBERS:

FROM THE COCKPIT • Macroeconomic uncertainties, stubborn inflation leading to several hikes in interest rates, and the Russia-Ukraine war have created a challenging environment for chief executive officers worldwide. As they strive to keep their balance sheets healthy, CEOs have adopted many new strategies. A few surveys show what is on their minds as they face down these impediments. Here’s a peek into their thoughts:

‘INDIA IS AT A TIPPING POINT’ • Business Today caught up with Tim Cook‚ CEO of Apple Inc.‚ at the opening of the company’s retail store in Mumbai

ON NEW GROUND • Although present in India for a long time, Apple has finally made its retail foray. How will this affect its fortunes in the country?

Dire Diagnosis • Dissatisfied with the revision of rates for services provided by private healthcare outlets to CGHS beneficiaries‚ industry players are asking the government to go the whole hog

Your Ride in the Sky • No more the stuff of sci-fi blockbusters‚ flying taxis are set to take off in the next two years to permanently disrupt the global aviation scene

VERTICAL GROWTH

Getting Smart • Titan is aiming to more than double its revenue from watches to ₹10‚000 crore by FY26‚ on the back of a massive jump in sales of smartwatches

ON GUARD • India’s draft data protection Bill is expected to protect users’ choices‚ while holding stakeholders responsible for their data protection practices

Viewership War • Both JioCinema and Disney Star claim to have won the viewership sweepstakes during the first leg of the cash-rich IPL 2023. But the jury is still out

What Makes a Good CEO? • Long-serving chief executives shape, guide and mould an organisation; they also know when to pounce and when to hunker down, and create enormous wealth for shareholders

‘We don’t have enough planes to fly all domestic passengers’ • Jyotiraditya Scindia, Union Minister of Civil Aviation and Steel, reveals why there has been a surfeit of aviation orders from India, the government’s plans for the sector, and the road to carbon neutrality

WHAT’S IN A NAME • MANY LEADING CHINESE SMARTPHONE MAKERS IN THE INDIAN MARKET HAVE LAUNCHED SUB-BRANDS OR SECOND BRANDS TO APPEAL TO NEWER DEMOGRAPHICS. WHAT LIES AHEAD?

Nibav Lifts Lives with Innovative Excellence • Home elevators were first invented in the year 1929, and has redefined how comfort, accessibility and luxury is evaluated. In that, pneumatic elevators otherwise known as vacuum elevators are stirring up a sensation with their slew of space cutting features and energy efficient modules. At the heart of this industry are the people who work tirelessly to ensure that elevators run smoothly, safely, and efficiently. Mr. Vimal Babu, the director of NIBAV Lifts, Chennai, Tamil Nadu, is leading his team to new unconquered heights of excellence which have already made a splash in the industry with its innovative and home-friendly lifts.

A FORCE CALLED INDIA • THE BT-PwC INDIA’S BEST CEOs RANKING HONOURS ITS BEST BUSINESS LEADERS. NOW, THEY ARE BETTING BIG ON THE COUNTRY

TATA’S TITAN • N. CHANDRASEKARAN HAS DEFTLY MANOEUVRED THE TATA GROUP’S FORAY INTO NEW BUSINESSES, ADDED MUSCLE TO EXISTING ONES AND LAID THE FOUNDATION FOR SUSTAINED AND HEALTHY GROWTH

WINNING STREAK

THE CHANDRA EFFECT

DR. AMEET PAREKH IS CHANGING THE WORLD OF...