Business Today

Cover story | December 1, 2019

Crunch Time

Crunch Time

Corporate India strengthened its resolve and tightened its belt, but slowdown hit market capitalisation of BT 500 companies for the first time in seven years.

December 1, 2019

Editor's Note

null

Hope over Despair

In this 2019 edition of BT 500, corporate India showed its mettle against enormous odds such as regulatory speed breakers - GST and DeMo, financial squeeze and economic downturn. All of which created an uncertain economic environment and stasis.

Leadership Spotlight

null

Leaderspeak

Martin Scheepbouwer CEO , OLX Group

He manages the OLX Group portfolio, including OLX, dubizzle, Avito and letgo. OLX India, a consumer-to- consumer marketplace for used products, has 4.5 million daily active users and gets about seven billion pageviews a month. Over 22,000 cars and 18,000 two-wheelers are listed on OLX everyday.

Technology

null

Out for a Dream Walk

The research team presented a virtual reality (VR) system where users could explore and remain immersed in virtual environments. But they had to wear headsets to experience it and got stared at by people roaming the physical world.

Smart and Good-looking

Xiaomi has come up with a connected gadget that works smart and looks flaunt-worthy in matte white. But given the oil-based cooking done in most Indian kitchens, it is likely to get dirty very quickly.


The Odyssey from Classical to Quantum

Google's Sycamore machine just made a calculation that may take a supercomputer 10,000 years to complete.

Executive Health

null

More than Nerve-Racking

Vitamin B12 deficiency is on the rise, say doctors, and people are at risk due to poor diet and lack of awareness


The Buzz

null

Simplistic Solution

Twitter's ban on political advertising may not be as bold as it sounds

Demand for level playing field

The Indian solar PV and cell manufacturing industry has about 100 companies, but modules and solar cells imported from countries like China, Taiwan, Vietnam and Malaysia are cheaper by at least 10-20 per cent.

Counting Unicorns

India remains the world's third-largest start-up hub after the US and China with nearly 52 start-ups having the potential to become unicorns.

Helping Hand

The fund would also bag investments from institutions such as LIC and SBI, which would expand the corpus to Rs 25,000 crore.

Eexpedise Medical Tours Made Easy

The Gurgaon-based company offers end-to-end medical tour packages for non-resident Indians as well as patients from other countries

Calender

Business Today lists out key events for January 2020

The Break-Out Zone

null

Coding for Kids

The best part about coding is that it will hone the power of reasoning and enhance problem-solving skills.

Forging Ahead

The stories of three iconic Indian companies underline how to survive, grow and succeed even in turbulent times

India's Most Valuable Companies 2019

null

Crunch Time

Corporate India strengthened its resolve and tightened its belt, but slowdown hit market capitalisation of BT 500 companies for the first time in seven years.

A Mixed Bag

An analysis of BT 500 data shows double-digit income and profit growth but market valuations have gone for a toss

BT 500: India's Most Valuable Companies

The market churn throws up new winners and losers in BT 500.

On a Path to Revival

Tata Steel BSL has seen its fortunes turn around after the acquisition, thus climbing the most positions in BT 500.

How we did it

To arrive at our listing, we began with a master sample of 3,997 listed and actively traded companies. We used BSE market cap in all cases, except for those companies that are listed only on the National Stock Exchange or NSE, which are very few.

Free Fall

Top players in some sectors have seen a massive erosion in market value. Most may never go back to their past highs.

Changing Course

Mukesh Ambani's conviction about the Indian market is paying off as opposed to those who invested abroad heavily.

Shrinking Level

There are fewer new entrants in BT 500 this year, and their market value is also lower.

Crunch Time

Corporate India strengthened its resolve and tightened its belt, but slowdown hit market capitalisation of BT 500 companies for the first time in seven years.

Sound Performance

In spite of growing challenges, information technology majors recorded the biggest jump in average market cap between October 2018 and September 2019.

LIC's Bank

LIC's entry into IDBI Bank, the biggest player among top m-cap gainers in banking, brings hope for investors.

Feeling the Heat

Average market cap of BT 500 companies has fallen. Unless corporate earnings grow and performance of mid- and small-caps improves, there seems no recovery in sight.

Motown's Slow Ride

The domestic automobile industry in India has endured its worst ever slowdown in history that has spared nobody.

Money Today

Stay the Course

Mutual fund investors must stick to disciplined and systematic investing to do well in the coming year.

External Factors

Does it make sense to opt for external benchmark-linked loans?

Time to Get Digital when you travel

FASTags become mandatory on national highway toll booths from December 1. Here's what you need to do.