Business Today

A leading business magazine read by the business leaders for staying ahead and managing challenges that comes right away in the ever changing world of business.

Reinventing Diageo India

Business Today

SUGAR RUSH • A FAVOURABLE MONSOON IN 2024 IS SET TO BOOST SUGARCANE PRODUCTION AND FARMERS’ INCOMES, WITH OUTPUT PROJECTED TO RISE BY 8.2% TO 482.8 MILLION TONNES. HERE ARE THE KEY NUMBERS:

FEELING BLUE • THE APRIL-JUNE 2024 QUARTER WAS A CHALLENGING ONE FOR BLUE-CHIP COMPANIES. THE COMBINED NET PROFIT OF THE NIFTY 50 CONSTITUENTS GREW AT ITS SLOWEST PACE SINCE DECEMBER 2022 DUE TO THE UNDERPERFORMANCE OF SOME OIL & GAS, METAL, AND PAINT COMPANIES. ANALYSTS PREDICT THAT THE SITUATION WILL PERSIST IN THE NEAR TERM, DESPITE MAINTAINING A POSITIVE OUTLOOK ON INDIA’S ECONOMY. HERE’S A LOOK AT INDIA INC.’S PERFORMANCE IN Q1FY25.

Safety Net • The move to introduce the UPS has evoked mixed reactions. Analysts believe its funding will have limited impact on the fiscal math

Fresh Ordeal • Paytm is back in the news. This time, Sebi has issued a fresh show-cause notice on Esops given to its Founder and CEO Vijay Shekhar Sharma

Skills Push • The skill development ministry plans to partner with the UGC to improve the employability of undergraduates

Being Aware: Understanding Ovarian Cancer

Calling to Account • The sudden exit of Byju’s auditor BDO marks the latest in a long series of setbacks for the edtech firm

“Millennials more interested in impact of philanthropy” • Desmond Kuek, Executive Director & CEO of Temasek Trust, on emerging trends, challenges, and more

REIMAGINING DIAGEO INDIA • AFTER ACQUIRING UNITED SPIRITS IN 2014 AND CLEANING UP ITS BALANCE SHEET, UK-BASED ALCOBEV GIANT DIAGEO IS BUSY CONSOLIDATING ITS POSITION IN INDIA THROUGH A FOCUS ON PREMIUMISATION, STRATEGIC BUYOUTS, AND INNOVATION

RAISING THE BAR

“WHISKY IS OUR BIG BUSINESS, AND WILL CONTINUE TO SEE GROWTH” • Diageo India MD & CEO Hina Nagarajan on the India opportunity, growth, white spirits, and more

ADANI GROUP’S CEMENT BUSINESS EXCELS AS IT ADVANCES TOWARD 140 ΜΤΡΑ TARGET • Ambuja Cements and ACC, the cement and building material companies of the diversified Adani Portfolio are making strides towards a cement capacity of 140 MTPA by FY’28. To achieve overall market leadership and to become the lowest cost cement manufacturer, the Adani Group’s Cement Business is ensuring it delivers maximum performance on each of the key parameters including Digitisation, Logistics, Green Power and Cost.

PSUs PROPEL TO PROFITS • PUBLIC SECTOR UNDERTAKINGS (PSUs), ONCE CONSIDERED WHITE ELEPHANTS, HAVE MANAGED TO STAGE A SMART TURNAROUND IN RECENT YEARS WITH INITIATIVES AND REFORM MEASURES TAKEN BY THE GOVERNMENT BEARING FRUIT

WHITE ELEPHANTS TO ROARING TIGERS

‘‘We will cross ₹10,000 crore in FMCG revenues by 2027” • Angshu Mallick, MD & CEO of Adani Wilmar Ltd, on the company’s plans, the FMCG business, and more

From Kolkata to Global ERP Leader: Siddhartha Dikshit’s Visionary Journey with ERP.BZ

INSPIRING INDIAN LEADERS

Empowering Minds and Building Leaders: The Vision of Dr. Manimekalai Mohan • Dr. Manimekalai Mohan, the visionary Founder of SSVM Institutions, has transformed the educational landscape through her unwavering commitment to academic excellence and holistic development. Her leadership has propelled SSVM into a leading network of schools, fostering intellectual growth, innovation, and ethical leadership in young minds.

Rambhajo’s: Preserving Heritage and Craftsmanship Across Generations • In a rapidly changing world where fleeting trends often overshadow tradition, Rambhajo’s stands as a testament to enduring values. For over a century, this Jaipur-based bridal jewelry specialist...