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Navigating New Disruptions
Business Today
NUCLEAR BOOST • THE UNION BUDGET PROVIDED A SIGNIFICANT PUSH TO NUCLEAR ENERGY. THE GOVERNMENT IS TARGETING 100 GW NUCLEAR POWER CAPACITY BY 2047. AT PRESENT, INDIA HAS 8,180 MW INSTALLED NUCLEAR CAPACITY ACROSS 24 REACTORS. A LOOK AT THE NUMBERS:
THE MARKET MELTDOWN • Unrelenting outflows by FIIs, stretched valuations, and lacklustre corporate earnings, coupled with global uncertainties such as the US tariff war, dealt a severe blow to Indian equity markets in the second of FY25. Here’s a closer look at their recent performance
REGULATORY RESET • Former Finance Secretary Tuhin Kanta Pandey’s appointment as the new Sebi chief is expected to bring some calm amid turbulent market conditions
INDIA PUSHES THE PEDAL ON TRADE • With a tariff war initiated by the US, India has stepped up efforts to conclude long pending trade pacts with the UK and the EU. Will 2025 be the year that they materialise?
In a Bear Grip • Benchmark equity indices have fallen 14% in the last five months. Experts say a recovery is some months away
A Smoother RIDE • Tesla recently posted 13 job openings on LinkedIn and has reportedly secured a site in Mumbai for its first showroom. Could India be the key to the automaker’s recovery?
‘‘If you can make it here you can make it everywhere” • ABB CEO Morten Wierod on making the country a hub for complex, high-impact infrastructure projects and helping Indian companies go green
EXPANDING THE EMPIRE • Kumar Mangalam Birla has built a diversified conglomerate, venturing into new areas even as he has transformed legacy businesses into industry leaders
I FIRMLY BELIEVE IN BEING THE LOWEST-COST PRODUCER, THE LAST MAN STANDING • Aditya Birla Group Chairman Kumar Mangalam Birla on reimagining business models, global plans, focus on sustainability, and more
RESHAPING INDIA’S PLACE IN THE WORLD • In many ways, Jaishankar explains Modi to the world. That’s no small feat
THE BUSINESSMAN WHO NEVER STOPPED LEARNING • What sets Harsh Mariwala apart is a bottom-up approach—plans are developed at lower levels of the organisation and funneled up
CAPTAIN COURAGE • For Anu Aga reviving Thermax was very fulfilling, but she finds social work more enjoyable now
BUILDING TRUST • Dr. Devi Shetty set up Narayana Health to make healthcare more affordable. With steady growth over the years, he is now setting sights on expanding abroad
HOW WE DID IT • The BT-PwC India’s Best CEOs study looks at quantitative and qualitative factors to zero in on the winners
LAYING A FULL PLATE • Deepinder Goyal is diversifying business to get as much share of consumer wallets as possible
Q&A
MAKING A GLOBAL AVIATION GIANT • Under CEO Pieter Elbers, India’s biggest airline by market share, IndiGo, is betting big on international routes for the next phase of growth
THE MAN BEHIND LOW-COST DRUGS • Mankind Pharma’s spectacular growth is often attributed to the Chairman & Whole-Time Director—Ramesh Juneja’s—endeavour to make healthcare affordable and accessible
STEADYING THE WARSHIP • Sanjeev Singhal led the revival of the company by adhering to timelines and tapping foreign orders
VENU’S BET TO ELECTRIFY TVS • Since taking charge in 2022, Sudarshan Venu, MD of TVS Motor, has transformed the company into a force in the electric segment and has helped it pip HeroMoto Corp to become the 2nd-largest two-wheeler maker
THE SILENT STRATEGIST • Dilip Shanghvi’s focus on research and high-margin drugs future-proofs Sun Pharma
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