Business Today

Cover story | December 16, 2018

Setting Flipkart Right

Setting Flipkart Right

How can Walmart correct the wobble in India's best known start-up?

December 16, 2018

Editor's Note

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The $16-billion Gamble

Sixteen billion US dollars is a lot of money to pay to take control of an Indian company.

Leadership Spotlight

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Leaderspeak

"There is no better teacher than the market itself."

Trends

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World's oldest YouTuber Mastanamma dies at 107

Mastanamma's channel was started around two years back on 19 August 2016 and over the course of its run the grandmother from Andhra Pradesh's Guntur village became the 'World's Oldest YouTuber'.

The Buzz

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On High Ground

Total foreign exchange reserves with RBI (as on November 2, 2018) stood at Rs 28.66 lakh crore.

Bad Data Practice

The NSSO estimates that 9 to 29% of the primary data samples collected at an all India level during the last five years had some error or other.

Some Good, Some Bad

Good for creditors because Ultratechs bid price is Rs 1,019 crore higher than Dalmia Bharats Rs 6,932 crore.

Rabi Area Shrinks

The decline in area coverage is visible in all major pulses growing states: Madhya Pradesh, Maharashtra, Uttar Pradesh, Rajasthan, and Karnataka.

Back To Basics

The management outlined a mid-term strategy that shifts the focus back to growth from mere profitability.

Royal Dilemma

The finance ministry earlier said companies should not have to seek prior approval for royalty payment repatriation.

Generic Boost

The US Food and Drug Administration is coming out with clear guidelines for clearing complex generics.

Growing By Leaps And Bounds

Why influencer marketing on social platforms is gaining traction in the country.

A Curious Case

A sharp drop in food inflation is hurting food growers as the downward spiral keeps market prices well below the MSP.

Threatened Turf

The government and the RBI may have managed to cobble together a working relationship for now, but that may change soon.

Crude Swings

Saudi Arabia recently made it clear that OPEC and allies need to slash output by at least 1 million barrels a day from October levels to avoid a supply glut.

Passenger Rights

Reports suggest that domestic airlines have objected to the charter's extreme focus on passenger rights.

Window Of Opportunity

Teva, Mylan, and even India's biggest, Sun Pharma, are opting out of products that aren't commercially viable.

Foodgrain Analyser

This Hyderabad-based agri-tech firm tests sample foodgrain in 60 seconds or less.

The Hub

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Fintech Rising

Numbers clearly indicate that the Indian fintech ecosystem is fast evolving.

Chasing Lifestyle

Keeping with its tradition of creating a branded play out of highly unorganised businesses, Titan has ventured into saris. But can this, and some of its other smaller businesses, help it become a Rs 52,000-crore company by 2023?

Healing Lupin

Market changes and increased regulatory oversight in the US have hurt Lupin, but India's third-biggest drug maker is making efforts to come back.

Too ambitious?

The government plans to bolster non-oil exports. But for that it needs to act on a war footing to arrest the fall in some of India's biggest exporting sectors.

Fintech For Inclusion: Challenges And Opportunities

Getting access and then converting it to inclusion and adoption through appropriate products is the target.

Rebooting BHEL

The changed business environment had hit the once-monolithic BHEL hard. It is trying to move with the times, but pitfalls remain.

The UPI Juggernaut

Increasing adoption of UPI through bank wallets and third-party players such as Flipkart's Phone Pe, Amazon Pay and Google Tez is changing the payments sector.

The Digital Rupee

Payments grow at a super fast pace but regulatory challenges remain.

The Race Is On

With interoperability paving the path for a level playing field, non-bank digital wallets are set to attract more users, but competition could be fierce.

Digital Payments: Act II

With increased internet penetration, merchant acceptance network is trying to catch up with newer methods of digital payments.

"Pricing Transparency Is What We Want"

Medtronic, the $29-billion global medical technology major, is a key member of US lobby group Advanced Medical Technology Association (AdvaMed) that wants the US to punish India for capping prices of medical devices and medicines. But AdvaMed's stand does not stand in the way of Medtronic's plans to strengthen its engagement with India. Omar Ishrak,Chairman and CEO, Medtronic, talks with BT's Joe C Mathew about advancements in medical technology, need for fair pricing of medical devices and the promise India's flagship health assurance programme, Ayushman Bharat, holds. Edited excerpts:

The Next Billion Dollar Idea?

Investors are beginning to show interest in b2B start-ups, but funding remains a stumbling block.

The Break-Out Zone

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Smart And Pocket-Friendly

Setting up a smart home is no longer a distant dream; now you can power it with affordable smart gadgets.

Feature-rich

This 142-mm long stick streams content in 4K resolution, has an intuitive interface and comes with built-in Alexa support.

Power Up With Smart Cement

Everything crammed into our cities by way of construction can be used to store energy and power the essentials.

Standout Style

A feast for those in love with all things creative, from Modernist artworks to unique home d├ęcor, jewellery and gourmet chocolate.

Simplistic Solutions

Universal well-being will not be easy to achieve in spite of the Dutch historian's persuasive vision and bold thinking.

Money Today

Picking The Winners

We bring you funds which have given highest returns consistently and how to gain from them.

Diversify To Grow Your Wealth

Overexposure to realty will affect the Parashar family's liquidity, says Lovaii Navlakhi, Founder-CEO of International Money Matters.

Be Careful When Buying Stressed Property

Property auctions are largely attended by investors and speculators, so an individual buyer must do the due diligence properly

It's The Best Time For End Users To Buy A House

"Growth on an all India basis is reasonably robust with peripheries of metros, tier II and tier III towns being extremely strong," says Renu Sud Karnad, MD, HDFC Ltd, in an interview with Naveen Kumar, where she shares her views on a range of issues affecting the real estate and home loan sectors in India.

Money Matters

Managing your money can be tricky. Send your queries, and top-notch industry leaders will help you resolve any issue.

Time To Buy

Why it makes sense to take the plunge and buy a house.