Cover Story
- Taking calculated risks and thinking long term separated the best CEOs from the good ones.
Realistic View
The book offers practical experiences for entrepreneurs, but falters in bits. From elevated risk due to poor asset quality to improving credit growth, we bring you the latest trends in the banking space. Despite disruptions of the past few years, many corporate leaders showed remarkable performance over the period under review. Presenting the BT-PWC list of India's top 100 CEOs from non-BFSI sectors, based on quantitative performance only. (Final winners were based on the quantitative performance and qualitative evaluation by the jury.) The financial sector continues to face huge challenges such as poor credit growth and huge bank NPAs. Some players crossed these hurdles with aplomb. Here is the list of Top 30 CEOs from the BFSI sector. After his success at Indian Oil, B. Ashok takes on the challenge of building a mega refinery. 3D-printed objects can be connected to the Internet without electronics or batteries. Select picks from the world of luxury across automobile, food, fashion and art. The New Year looks promising with AI becoming more pervasive and augmented reality making a comeback. Business Today Knowledge Forum on HR discusses staffing issues at start-ups and productivity challenges. Andhra Pradesh's tech-savvy Chief Minister, N. Chandrababu Naidu, hopes to beat Dubai by making AP the world's first blockchain-powered state. Security researchers have detected major flaws that leave millions of computers, smartphones, tablets, wearables, servers and smart devices vulnerable. India's IT export sector is aflame with reports that the US is considering a new regulation to prevent foreign workers from getting H-1B visa extensions while their green card applications are pending. RBI's move to ask banks to file for bankruptcy in two dozen more cases will further increase provisioning requirements. Social media companies finally see growth in earnings in India. In December, the Securities Exchange Board of India announced that India's stock exchanges could begin commodity trading from October this year and vice versa. As head of Power Grid, Indu Shekhar Jha's role is crucial to achieving the government's ambitious energy objectives. Kapil Wadhawan has built a large financial services empire by serving people at the bottom of the pyramid. Kenichi Ayukawas tenure has seen Maruti stem the slide in marketshare and further consolidate its hold on the Indian market. DCM Ltd was split in 1990, and my brother Vikram and I were responsible for the chloro-vinyl and fertiliser complex at Kota and Swatantra Bharat Mills in Delhi, all in bad shape. Writing that worry list isn't as silly as it may seem. It can actually be the first step to tackling troubles This is Business Today's sixth ranking of Best CEOs in India. M.K. Jain led a successful transformation of South-based Indian Bank. He is now heading the much bigger IDBI Bank with multiple challenges. Navin Agarwal spearheaded the consolidation, debt reduction and capacity expansions plans of Vedanta group companies. He has more on his plate. Huawei may not be launching its flagship Mate 10 in India, but is offering the same AI experience in the Honor View 10 that boasts a 5.99-inch display with 2,160x1,080p resolution. Romesh Sobti, who has turned around the mid-sized private sector bank over the past 10 years, is now working on doubling the size in the next three years. Steel baron Sajjan Jindal beefed up capacities and turned around sick steel mills during the commodity downturn. Transport Minister Nitin Gadkari recently chose to stick his neck out when he said that India has the potential to start 10,000 seaplanes.Y Screens: Rocking the Hinterland
The company aims to entertain, empower and educate rural and semi-urban masses. A report that the Department of Telecom (DoT) is planning to seek Rs 2,578 crore from five telecom operators - Reliance Jio, Tata Teleservices, Telenor, Videocon Telecom and Quadrant - has officials in these firms in a tizzy. Varun Berry aims to make Britannia Industries a total foods company in another three years. By following the strategy of doing a few things well, V.C. Nannapaneni has helped Natco Pharma carve out a space for itself. The 64-year-old chairman and managing director of JK Cement is a self-effacing mix of legacy and modernity who remains rooted to Kanpur. Y.C. Deveshwar has been hugely successful in using cash flows from the tobacco business to build multiple drivers of growth. A.M. Naik transformed the company into a global engineering & technology powerhouse.
From Beauty to Attraction
If we go about systematically improving the quality of our lives, that will automatically make India more attractive to tourists.U.S. Tax Reform Has Global Implications
The tax reform suggests a drastic cut in corporate tax, but the fine print indicates an additional tax burden on U.S. multinationals.
The Leadership Connection
Leadership research - to identify what is common among successful leaders - has been taking place for over a century now.
MONEY MATTERS
Managing your money can be tricky. Send your queries, and top-notch industry leaders will help you resolve any issue.
"India Needs Standard Protocols in Healthcare"
"Out-of-pocket expenditure accounts for 62 per cent of the total healthcare spending against a global average of 18 per cent, underlining a significant gap between requirement and pre-financed health coverage"
Uphill Struggle
A sharp hike in health insurance premiums leaves the elderly in the lurch, but there are ways to safeguard one's sunset years.
