Buffeted by problems from all sides, Think and Learn—the corporate name Byju’s goes by—is battling a sharp valuation markdown from one of its investors, Prosus, which has reduced the firm’s valuation from the earlier $22 billion (which made it the world’s most valued edtech firm) to just $5.1 billion now.
With the world’s top leaders set to arrive for the G20 Heads of State and Government Summit in Delhi in September, India, by way of the G20 presidency this year, has emerged as the driving force in a wide range of areas, wielding enormous influence in shaping the future of the world. At the centre of all this is Prime Minister Narendra Modi
Cut to August 2023, and Adani appears to be succeeding in getting his beleaguered group out of the crisis. While a Securities and Exchange Board of India probe into the allegations is ongoing, the group is working overtime to ensure it balances its growth ambitions with its capex plans, even as it deleverages key companies and cleans up their balance sheets.
Over the past couple of years, Mahindra has seen its auto business get infused with a good dose of new energy, powered by a slew of new launches, a focus on electric vehicles and even a brand new logo.
Cut to 2023. In FY23, Sun Pharma registered its highest-ever consolidated revenue of Rs 43,279 crore and net profit of Rs 8,474 crore, signalling to the market that the company was back in the game.
Over the past few years, particularly during and after the Covid-19 pandemic, the management education space has seen the emergence of a variety of options. B-schools now offer flexibility in course delivery, and the emergence of edtech companies offering management courses
Massive amounts of money are being pumped into what has become the country’s favourite sport, with team owners, media firms and advertisers all keen to get a share of the lucrative pie as viewers—both on television and digital—remain hooked to their screens to watch the game in its various formats.
The 58-year-old Singhania can afford to be satisfied with the performance of his company, given that it was teetering on the edge just a couple of fiscals ago, battered by the pandemic and the consequent lockdowns. Today, not only has Raymond been able to bounce back into the black, FY23 saw profits doubling along with highest-ever revenues.
With the advent of ChatGPT form of AI, we are witnessing a quantum leap in technology and has the potential to make far-reaching changes across healthcare, financial services, manufacturing, logistics, entertainment and indeed every other sector you can think of.
As business leaders navigate choppy waters, the common theme is that of enormous confidence in the India story. India, they know, is now firmly on the path to claiming centre stage on the global economic landscape, and they are keen to be part of that narrative.
Even as far-reaching changes are sweeping the workplace, the jobs scenario in India paints an interesting picture. The latest issue of Business Today explores this issue in greater detail.
Today, UPI is ubiquitous and synonymous with payments in India. A similar movement is now gathering momentum in the world of e-commerce, with the Open Network for Digital Commerce, or ONDC, now live and scaling up
In a way, the move makes eminent sense as the Indian foods sector has several high-growth segments.
The young, aspirational Indian woman is now a key player in powering India’s growth in the years ahead. And she has enough role models to follow. It is in this context that Business Today’s much-awaited annual The Most Powerful Women in Business list assumes even greater significance.
With a massive $107-billion growth plan lined up for the next 10 years, the Hindenburg report has hit Adani like the proverbial iceberg it never saw coming. The question now is, how will Adani fund his ambitious growth plans?
As Business Today celebrates its 31st Anniversary this year, we bring you various aspects and views on what we call “Mission 2047: Road to India@100.”
Under the watchful eye of the Reserve Bank of India, banks are now raring to grow, and grow fast.
Ray and his top team are now putting together a sharp-focussed, contra marketing strategy that seeks to ensure that its core strengths are best juiced to ensure maximum growth.
As new investors come into the markets in droves, bolstered by the rising stock indices and armed with apps that allow them ease of trading on smartphones, a slew of new players is lining up to enter the mutual funds (MF) sector.
A riveting battle for the top slot is playing out in the Indian two-wheeler market. Twelve years after erstwhile partners Hero Group and Honda decided to split, the Japanese company is on the verge of securing pole position in this battle of the giants.
The BT500, the definitive listing of India’s most valuable companies by average market capitalisation (during the period October 2021 to September 2022), is specially significant this year, coming as it does amid enormous uncertainty in the global economic environment, rising interest rates, steep inflation and recessionary headwinds being faced by some of the world’s biggest economies.
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