Business Today

Cover story | April 21, 2019



How the economic balance sheet of five years of the NDA government stacks up.

How It Stacks Up

The good and the bad of Modi government's economic performance.

Editor's Note


The Hits And Misses

Many leaders come to power because of their economic promises, while others lose because they fail to solve economic problems.

Leadership Spotlight



Throughout his career, Dupuis has been a turnaround expert and executed M&As and strategic integrations aimed at creating stakeholder value.



ESIC job recruitment 2019: Apply for 2,258 UDC, stenographer posts; check details here

ESIC recruitment 2019: There are total 1,772 vacancies available for UDC posts and 486 vacancies for Stenographer.

The Buzz


Desi Firms Hurt

Recent data points to increased scrutiny as rejection of H1B visa applications rose from 4% in 2015 to 25% in Q1 FY19.

UCO Bank Breather

A floating fund of roughly Rs 13,000 crore and that too with zero cost will ensure operating profits of additional Rs 500 crore.


The TechArc report said agencies often employ bots and fake accounts to inflate the impact of an advertising campaign and hike rates.

Mindtree Takeover

Promoters made an emotional appeal questioning the need for such acquisition, given the cultural differences between the two companies.

Brand Matters

Chennai Super Kings, Mumbai Indians, and Kolkata Knight Riders are known to have pocketed almost 50 per cent of the sponsorship money, while others found it difficult to attract sponsors.

Unviable Rescue

Lenders led by the SBI have wrested control of Jet Airways, ousting founder-chairman Naresh Goyal, his wife Anita Goyal and another Etihad Airways nominee, from the board.

Advantage India

The yield on 10-year US Treasury notes has slipped below those of three-month notes, forming an inverted curve that has historically preceded a recession in the US economy.

Regulating Biologicals

The move is significant if the end purpose is to ensure effective regulations tailored for biological products with an eye on quality.

Two For Two

The total value of disinvestment proceeds for the whole year has touched Rs 83,523.14 crore - much more than the Rs 80,000 budgetary target.

Gaming the System

The withdrawal of Sterling Biotech Ltds insolvency proceedings and the manner in which it has been done has raised many eyebrows.

Balancing Act

Allowing start-up founders to hold superior voting rights (SR shares) will help them raise funds without losing control over the company.

Handout Politics

The Congress president's poll promise is the most lucrative offer of this election season.

Small Wins

Developers will have to charge what customers are willing to pay, and it is the lower rate of 5 per cent.

Caution On Deal Street

The value of Indian M&A deals in February slumped 34 per cent to $1.24 billion as against February 2018, according to Grant Thornton.

Sandboxing Fintechs

Governor Shaktikanta Das had recently said that a regulatory sandbox would benefit fintech companies by way of reduced time to launch innovative products at a lower cost.

Decoding Consumer Emotion

The Bengaluru-based company's AI-powered SaaS platform helps consumer brands understand people's 'emotional' response.

Play To Earn

Winners are getting more than chicken dinners by playing and streaming video games online.

The Hub


Dark Clouds And Silver Linings

As India braces for its next General Election, here's a look at what's working for the economy, and what's not.

India Inc's Crown Jewels At Risk

Indian promoters, especially first generation entrepreneurs, run the risk of losing control over their best assets after pledging shares to raise money.

Indian IT Bets On AI

As Indian IT services companies move beyond run-of- the-mill businesses and towards digital transformation, artificial intelligence is taking centre stage.


The digital gift card market is booming in celebrations-hungry India. The players are gung-ho about the future.

Loyalty Can't Be Bought

Forget deals galore; it is time to treat customers as business partners and make good of their insights if companies want to thrive in the long run.

'Promote Construction, Special Biz Zones For Job Creation'

In an interaction with Business Today's Varsha Santosh and Anand Adhikari, Rajan discusses how the Indian economy can be strengthened. Edited excerpts:

The Break-Out Zone


Multimode Marvel

The latest air treatment device from the UK-based company is a multipurpose marvel that keeps the quality and temperature of indoor air at an optimal level all the year round, be it summer or winter.

Boss Versus Kids

It is time to address multigenerational conflicts at workplaces.

A Summer Treat

An IoT-enabled fan with a Qualcomm chipset, sophisticated temperature and humidity sensors, a remote control and a mobile app from the homegrown consumer electronics brand Ottomate is, indeed, a cool treat.

Unbiased Recruiter

Social robot Tengai can ask all the right questions without any human bias.

Foldables Have Miles To Go

When the novelty wears off, tech giants could be struggling to justify the utility and astronomical pricing of folding phones.

Iconic And Inspirational

Be it a Rembrandt masterpiece or rare whiskies, a verdant resort or an Electric superbike, there is plenty to keep the connoisseurs engaged.

Future Of Jobs Crisis

Replete with data and stories of workers across India, this book is both entertaining and disturbing.

Special Reports


At a Plateau

India's defence budget has increased over the past few years but its share in GDP has remained the same.

Missing The Mark

In spite of the Make-in-India initiative, the Indian private sector is awaiting big-ticket defence orders.

In A Rut

Bureaucratic hurdles and inefficient decision making are holding back defence manufacturing. Can the new government change things?

The Missing Foreign Hand

From red tapism to excessive focus on control, Indian defence procurement has everything to keep investors away.

Time To Take Off

Indian armed forces are realising the importance of drones in modern warfare.

Why Domestic Defence Industry Matters

The government is keen to shed its overdependence on defence imports and private players can helppush this strategic shift.

Recipe For Make In India

Steps India must take to meet a major chunk of its defence requirements from local production.

Break Free From Data Colonialism

A new form of colonialism is spreading fast in the age of Big Data, and the government must take strong measures to counter it.

Money Today

Best In Business

The BT-MT Financial Awards identified the best mutual funds, insurance companies and pension funds that helped investors sail through the volatile times.

The REIT Choice

Indias first Real Estate Investment Trust has got a good response from investors. Is it an attractive avenue to park money?