BW Businessworld Magazine - November 16, 2024

In this issue

BW Businessworld Celebrates India's Most Valuable CEOs

The latest issue features in-depth profiles of India's top corporate leaders, analyses the potential impact of Trump's political return on Indo-US relations, pays tribute to late Dr Bibek Debroy and more

BW Businessworld, India's premier business magazine has released its annual Most Valuable CEOs issue, offering profound insights into corporate leadership excellence against the backdrop of significant global political developments and domestic changes.

The latest edition navigates through three major themes including the implications of Donald Trump's projected return to the White House for Indo-US relations, a tribute to the late Dr Bibek Debroy and an in-depth analysis of India's most valuable corporate leaders. The assessment of corporate excellence employed rigorous evaluation criteria including total income, turnover and consistency in performance.

The cover story, created in partnership with knowledge partner TechSci Research, presents a meticulously curated selection of India's most exceptional corporate leaders who have demonstrated remarkable resilience and strategic acumen in navigating economic uncertainties. Rather than traditional rankings, the magazine offers detailed profiles of these business leaders, highlighting their approaches to sustainable growth and value creation.

The edition features extensive coverage of the anticipated shifts in Indo-US relations following the projected political transition in the US. The analysis particularly examines how this political shift could reshape bilateral partnerships across defence, energy, and technology sectors, drawing from Trump's previous tenure's focus on expanded trade volumes and regulatory easements that aligned with India's growth trajectory.

On a sombre note, the issue pays tribute to Dr Bibek Debroy, the recently deceased Chairman of the Economic Advisory Council to the Prime Minister. Through heartfelt contributions from his mentees and scholarly associates, the edition celebrates Dr Debroy's intellectual legacy, highlighting his multifaceted contributions as a polymath, scholar and former columnist for BW Businessworld.

Indian IT Braces for Impact

DONALD TRUMP winning the US elections for the second time brings both optimism and caution to India's IT sector, which heavily relies on US partnerships.

1 min

US Poll Results Spin a Happy Yarn for Indian Textiles

A CHANGE OF GUARD in the United States heralds promising prospects for India's textile sector, breathing new life into trade dynamics.

1 min

A Challenging Year Ahead for Oil Marketing Companies

INDIA'S OIL MARKETING Companies (OMCs) face a challenging fiscal 2025 as operating profits are expected to drop significantly to $12-14 per barrel from last year's $20, driven by declining diesel spreads, reduced discounts on Russian crude, and inventory losses, as crude prices settle around $75 per barrel.

1 min

Trumpets Blowing

AT AN ELECTION rally in September, Republican candidate Donald Trump had slammed India as a \"very big abuser\" of trade relations because of its high import tariffs.

1 min

ONE NATION, ONE ELECTION: BREAKING THE CHAINS OF ELECTORAL GRIDLOCK FOR ECONOMIC PROSPERITY

INDIA'S ELECTORAL LANDSCAPE is at a pivotal moment. The government's endorsement of 'One Nation, One Election' (ONOE) promises to bring about a transformative change.

3 mins

The Economics Nobel

MINHAZ MERCHANT The writer is the biographer of Rajiv Gandhi and Aditya Birla and author of The New Clash of Civilizations (Rupa 2014). He is founder of Sterling Newspapers Pvt Ltd., which was acquired by the Indian Express Group

4 mins

LOGISTICS OUR ACHILLES HEEL

LATE SEPTEMBER, a noted economist’s column in The Economic Times mentioned some fascinating facts about what is happening at our sea ports.

3 mins

FROM 562 TO BECOMING ONE: REMEMBERING SARDAR PATEL'S VISION OF MODERN INDIA

The celebration of National Unity Day is incomplete without remembering the legacy left by Sardar Vallabhbhai Patel. One of the most towering figures in Indian history, he is often known as the Iron Man of India, India's Bismarck, and the Modern Ashoka. These titles may seem grand, but they truly reflect his remarkable vision of uniting the fragmented landscape of over 560 princely states into one union.

4 mins

Minutes Matter

NO, THIS IS NOT ABOUT the Minutes of momentous meetings, the staple for all organisations. Nor are we reinforcing the fact that the devil is in the detail, that small (\"minute\") things are often crucial.

2 mins

“SRI CITY: Aspiring To Become India's First Carbon-neutral Manufacturing Hub"

RAVINDRA SANNAREDDY, Founder Managing Director of Sri City talks about Sri City, its inception, its contribution and the road ahead

2 mins

AI & BIGTECH: Financial Regulators Prioritise Consumer Trust & Financial Stability

THAS BECOME a whipping stick to argue on financial regulators like the Reserve Bank of India’s (RBI’s) cautionary stance on Big Tech and AI. While critics and lobbies will claim that the regulator is hindering innovation, the essence of the RBI’s position is often misunderstood.

3 mins

The Modern Path to Leadership Requires Sacrifice and Adaptation

THE MODERN PATH to Leadership is not just about authority or managing others - it's about navigating a rapidly changing landscape and empowering teams in a way that promotes innovation, inclusivity, and resilience. This requires both sacrifice and adaptation.

3 mins

Gauging Trumponomics For India

Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0

2 mins

A MIND BEYOND MEASURE— CELEBRATING BIBEK DA'S LEGACY

While his economic insights shaped public policy discourse over the decades, his intellectual legacy extended into realms of harboured passion

4 mins

MY TEACHER IN COLLEGE

Towards the end of our under-grad days Bibek Debroy made frequent trips to Cambridge. The whisper was that he had had some grave disagreement with his examiner. That was the BDR I knew, a man who showed little caution or cared to adapt to a situation even for his own interest

4 mins

"EQ INDIA IS OF STRATEGIC IMPORTANCE TO EQ GROUP"

In an exclusive interaction, ANAND RAMAKRISHNAN, EQ India’s Managing Director, shares the centre’s strategic vision and approach to sustainability

2 mins

THOU SHALL MISJUDGE: SEBI'S COLOCATION VERDICT

When all the investigation reports that confirm the misuse of the NSE's colocation trading architecture is put to the test of Preponderance of Probability, or indirect proof, along with the emails of Chitra Ramkrishna, Ravi Narain, OPG Securities and the Jagdish Joshi and Nagabhushan factor, there is evidence of a perfect scandal

8 mins

SPLURGE, WAS THE BYWORD IN THE LUXURY TECH MARKET

Technological fare glittered the most during the festive season, offering big spenders avast array of choicesin mobile phones, tablets, watches, television sets, refrigerators and even expensive earbuds and fitness bands. Sahil Mohan Gupta takes stock of the luxury tech market

4 mins

Superheavyweight REINFORCING EXCELLENCE

Jindal Stainless continues to break new ground, both inIndia and globally, through its strategic investments, innovative expansions, and market leadership

2 mins

Superheavyweight REDEFINING LIFESTYLE EXCELLENCE

Titan has successfully cultivated renowned brands in various domains, including jewellery, watches wearables, eyecare, fragrances € fashion accessories, and Indian dress wear

2 mins

CONSISTENTLY GROWING

DMart follows a cluster-based expansion approach focusing on deepening its penetration in the areas where itis already present, before expanding to newer regions

2 mins

MULTIPLIER EFFECT

Asaglobal frontrunner inthe biopharmaceuticals industry, the Biocon Group has dedicated itself to providing high-quality, cost-effective medicines to patients around the world

2 mins

EMPOWERING TALENT

For more than two decades, TeamLease has offered customised hiring solutions for clients from diverse industries facilitating the employment of over 23lakh individuals

2 mins

LEGACY OF TRUST

From humble beginnings in 1923 to becoming a global leader in the paints and coatings industry, Berger Paints has earned the trust of millions with an uncompromising commitment to quality

2 mins

INTEGRATING HERITAGE

Since 1985, Godrej Properties has been a prominent player in Indian real estate, with 102 ongoing and upcoming projects covering 223 million square feet

2 mins

COMMITMENT TO EXCELLENCE

Info Edge is committed to enhancing agility, fostering innovation, and maintaining a competitive edge to deliver exceptional value in a digital economy

2 mins

SUSTAINABLE & RESPONSIBLE

Credit Access Grameen (CA Grameen) is an Indian microfinance institution, headquartered in Bengaluru, which serves customers predominantly in rural areas

2 mins

MARKETING PRIDE

Vedant Fashions held 1.67 million sq.ft of domestic retail space and 1.7 million sq.ft globally in FY24, spreading India's essence all around the world

2 mins

NURTURING WELLNESS

Headquartered in Ahmedabad, Zydus Wellness boasts a pan-India marketing presence through a distribution network comprising over 1,700 distributors and 24 integrated warehouses

2 mins

KNITTING A REPUTATION

Lux Industries is a leader in India's knitwear segment, encompassing both innerwear and outerwear powered by six decades of a pedigreed legacy

2 mins

"Real Value Creation Is Driving Success And Fostering Resilience"

NAVNEET SINGH BINDRA, SVP & Chief Country Executive at Ingram Micro India, talks about value creation through leadership that drives both immediate success and long-term resilience, highlighting recent transformative digital advancements, particularly the Al-powered platform Xvantage

3 mins

SHAPING TOMORROW'S MOBILITY

TVS Motor Company is the fourth largest manufacturer of two-wheelers in the world with a presence in more than 80 countries

1 min

TRANSFORMING ENERGY LANDSCAPE

Tata Power leads India's energy sector with strengths in generation, renewables, transmission, distribution, and innovative solutions

1 min

CREATING VALUE

JK Cement aims to be among the top five players in India in terms of capacity and aspires to double its current capacity by 2030

1 min

COMMITMENT REINFORCED

With a diverse, world-class energy portfolio, proven expertise in power assets, and expanding renewables, JSW Energy solidifies its leadership and financial strength

1 min

STRONG LEGACY

Powered by a strong legacy, Gulf Oil continues to be a story of exciting transformation and outperformance for more than a decade

1 min

REIMAGINING TOMORROW

For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders

1 min

FORCE FOR GOOD

FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives

1 min

WEAVING SUSTAINABILITY

Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain

1 min

LEADERSHIP TRANSITION AT XIAOMI INDIA

Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus

3 mins

Paving the Path to a Sustainable Future

Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees

2 mins

An ENRiching Outlook

KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence

2 mins

India's Growing Affinity for Swiss Watches: A Luxury on the Rise

NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.

2 mins

MORE TAKE TO DRIVING IN STYLE

High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure

4 mins

Read all stories from BW Businessworld

BW Businessworld Magazine Description:

BW Businessworld is a fortnightly magazine that has been published since 1975. It is one of the most popular business magazines in India, and it is known for its in-depth reporting and analysis of the Indian business world. It also features interviews with leading business leaders and entrepreneurs. It's a guide to the ever-changing business landscape.

In every issue, you'll find:

* In-depth analysis: Get the latest insights on the big trends that are shaping the business world.
* Expert interviews: Hear from the thought leaders who are shaping the future of business.
* Case studies: Learn from the successes and failures of other businesses.
* Industry reports: Get the lowdown on the latest developments in your industry.
* And more: BW Businessworld also features articles on a variety of other topics, such as leadership, innovation, and technology.

BW Businessworld is a must-read for anyone who wants to make sense of the business world. It is the only magazine that provides comprehensive coverage of the latest trends and insights, from the perspective of the world's leading business thinkers.

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