Cover Story
- A survey of CFOs by YES Bank and Business Today brought up only one woman's name: Sangeeta Gulati of Educomp Solutions. If women have what it takes to be successful CFOs, why aren't there more of them in big companies?
- The past three years have been unprecedented for petroleum drillers across the world, as volatile prices have made cash flows unpredictable. But things have been fairly smooth at Cairn India.
- Uday Phadke is the man who ensures that there is enough cash for mergers and acquisitions as Mahindra Group strives to grow.
- Mehernosh B. Kapadia is soft-spoken, extremely patient and prudent - not exactly qualities that one would associate with the winner in the category of Best Transformation Agent.
- Ajay Seth says he believes true team effort translates into maximum returns and the the economic downturn was a massive opportunity for Maruti.
- Muniswamy Srinivas, 53, who has been part of the company since it began, says it raises debt from banks on the strength of its strong revenues and repayment record.
- The name Akhil Gupta is familiar to anyone who tracks the Indian telecom industry. He is the banker to Bharti Airtel, and an important reason why the Sunil Mittal promoted company is now jostling with global biggies for a seat at the high table of international telecommunications.
- Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} Business Today and YES Bank got together to pick the best CFOs who succeeded during the difficult financial year of 2009/10. She topped the list in the category of sustained wealth creation for a mid-sized company.
- Business Today and YES Bank got together to pick the best CFOs who succeeded during the difficult financial year of 2009/10. Sud says he needs to maintain the company's return on capital employed at a reasonable level, and the best way to do that is to pay the shareholder. Meet the winners
- Business Today and YES Bank got together to pick the best CFOs who succeeded in finding the balance between company growth and meeting shareholder expectations during the difficult financial year of 2009/10.
- For the second year now, Business Today and YES Bank have got together to pick the best CFOs in the country - the ones who best succeeded in finding the balance between company growth and meeting shareholder expectations.
- Between juggling the pressures of economic forecasts, high shareholder expectations, transparency and lumbering operating models, CFOs have a lot on their minds.
- When you are the country's second-largest cement maker, you may feel compelled to make up for the damage to the environment.
- Business Today and YES Bank got together to pick the best CFOs who succeeded during the difficult financial year of 2009/10. Managing the finances of the state-run ONGC as smoothly, Sarraf won the Best CFO award in the PSU category. Meet the winners
- CFO since 2006, V. Balakrishnan is pleased that Infosys' clients across the world have healthy information technology budgets this year.
Ping-pong over Lokapal proposals continue
The government is wrong on the issue of exempting the Prime Minister even if it was supported by the Venkatachaliah Constitution Commission.Kamat's exit not deterring Viacom18's plans for growth
The exit of the CEO who led it to record growth is not deterring Viacom18's plans for its next phase of growth.Iran oil supply to India continues, despite no payment
Iran continues to supply oil to India, though India has not paid it for months. No official word on how much India owes Iran is available, but knowledgeable estimates put India's outstanding for the past three months alone at over $4 billion or around Rs 18,000 crore. What if Iran turns off the tap?Falling revenues may hobble government finances
A pullback in inflation may get delayed and fiscal deficit may expand beyond 5.5 per cent of GDP due to the impact of a slower GDP growth this year on direct tax collections.Unrest at auto factories over contract workers being paid less than permanent employees
Contiuous strikes at auto factories over contract workers being paid far less than permanent employees has become a common feature and unless this growing problem is speedily addressed, widespread labour unrest, which seemed to have been laid to rest, may rise again.Ex-Infosys employee reworks the micro-lending model
Micrograam, set up by Rangan Varadan, a former head of banking and capital market verticals at Infosys, has devised an innovative means of extending credit to the poor by creating a portal that brings investors and borrowers together.Indian Inc. wakes up to the opportunity in logistics
Sensing opportunity at an estimated $100 billion market, Indian conglomerates Future Group, the Tatas, the Mahindras and TVS entered the logistics market - a sector fast becoming attractive not just for the money, but also the absence of fourth-party operators in India.Business confidence index slips in April-June quarter
The second BT-C fore Business Confidence Survey shows companies have lost the optimism they displayed in the first. They are worried, both for their profits and the economy.
How different things work
The 9,000-tonne vessel MV Wisdom, which has partially settled on the shallow seabed, must be made to float again. This is best accomplished when the tide is in. After it is fully afloat, another tug will tow it back to Alang.A new global wave of mergers and acquisitions
In yet another sign of financial recovery, a new global wave of mergers and acquisitions - of big fish consolidating by swallowing small fish - has begun, says a Boston Consulting Group study.Philip G. Heasley is eyeing India for growth
Philip G. Heasley, President, CEO and Director of ACI Worldwide, a payment systems and financial services company with a market-cap of $1 billion, is eyeing India for growth.Indian advertising agencies win Lions by the dozen
The industry bagged 24 Lions this year at the Cannes Lions International Festival of Creativity in June: three golds, 10 silvers, 10 bronzes and one award for creative effectiveness.SEBI's move to boost derivatives trading is a short-term fix
SEBI's move to boost derivatives trading is a short-term fix.Below normal monsoons will spell more trouble for farm sector
Policy action needed to free the farm sector from the vagaries of the monsoon, says Devinder Sharma.From JetLite's bumpy ride to a soaring height
JetLite handled 470,000 passengers in May, which helped the group set a record for the maximum number of passengers - two million - flown by any Indian airline in a month. Premji's son, Rishad, sells 2.6 lakh shares of Wipro for around Rs 11 crore, reducing his stake from 0.04 to 0.03 per cent.Quotes by political and business leaders
Everything has happened for free in the municipalities. This has to change, and it requires a huge mindset change. Kamal Nath, Urban Development Minister, on why people living in overcrowded cities should get used to paying more for better public services, quoted by a wire agency.Will food prices moderate with a good monsoon?
Food inflation for the week ending June 16 - the latest figure available before going to press - stood at over nine per cent, contributing substantially to the overall inflation rate.India's and the world's most talked about CEOs.
India's and the world's most talked about CEOs. (May 16-June 15)Cognizant proposes big investments in West Bengal
Rs 500-600 cr Cognizant's proposed investment in a new information technology software campus in West Bengal Hathos means a mix of 'hate' and 'pathos', it gives a name to the feeling of pleasure derived from hating someone or something.Two schemes seek to draw foreign insurance and pension funds to India
Two schemes seek to draw foreign insurance and pension funds to India's capital markets and its infrastructure sector.
Wait for the right time to invest in banking sector
The banking sector may not be the hottest spot at present, but watch out for cues on when to invest in it.
A beefy dual-core Android smartphone and a dainty touch smart device
The LG Optimus 2X is a well engineered device with a good camera, and the company throws in a mini-HDMI to HDMI lead cable with the device. The Micromax Bling 2 A55 is a phone for the ladies, and it never lets you forget that.
Are sportswear claim on muscle tone and posture valid
Sportswear majors maintain toning shoes improve muscle tone and posture. Are such claims valid, asks Anika Gupta.
There is excessive demand for BMW cars: Andreas Schaff
BMW India's Andreas Schaff faces two problems - excessive demand for his cars and excessive travel. Edited excerpts from an interview with Kushan Mitra.Ashish Chordia brought Porsche, Ducati, Maserati and Ferrari to India
So many brands, so little time. Ashish Chordia talks luxury cars with Kushan Mitra. 'The Age of Instability... is a good read'
The book is a good read for anyone who wants to understand the various events that led to the global economic crisis, says N.S. Kannan.
Games for executives to understand mind
Games executives play help them to understand the mind.BT-TeamLease survey shows hiring has stabilised
The latest BT-TeamLease survey shows hiring has stabilised, says Anumeha Chaturvedi.
People who were in news in business world
Starring: Daniel Sennheiser, Capt G.R. Gopinath, Rishad Premji, Richard Fulton, Vilmos Zsigmond, Peter Snell
Bajaj Electricals' CMD Shekhar Bajaj admires Bill Gates
The CMD of Bajaj Electricals talks talks about his leadership style. '100 Years Young' is a great compilation of Indian industrial history
The cover story, 100 Years Young (July 10), is a great compilation of Indian industrial history. Those were the golden years when India laid the foundation stone of its growth and also made its presence felt in the global arena.
events of the fortnight and upcoming ones
US Treasury Secretary Timothy Geithner and Union Finance Minister Pranab Mukherjee harped on the continuing India growth story, underpinned by robust domestic demand and high savings, at a meeting in Washington on June 28. 'A good CFO matters very much in devising right strategy for a company'
The CFO of any modern corporation is right up there beside the Chief Executive Officer in power, responsibility and accountability. A good CFO matters very much in devising the right strategy for a company.
