Business Today

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Business Today

COMETH THE SHOWER • THE SOUTHWEST MONSOON—THE LIFEBLOOD OF INDIA’S $4-TRILLION ECONOMY—IS LIKELY TO HIT THE KERALA COAST IN EARLY JUNE AND IS EXPECTED TO RECORD ABOVE-NORMAL RAINFALL THIS YEAR, POTENTIALLY HELPING EASE INFLATIONARY PRESSURES

TOP BILLING • NOTHING IN THE CORPORATE WORLD EVOKES AS MUCH INTEREST AS THE PAY PACKAGES OF TOP EXECUTIVES. DATA REVEALS THAT CEO SALARIES IN INDIA HAVE SEEN STEADY, HIGH SINGLE-DIGIT GROWTH EACH YEAR SINCE PRE-PANDEMIC TIMES. NOTABLY, PROMOTER CEO COMPENSATION HAS INCREASED AT A FASTER CLIP THAN THAT OF PROFESSIONAL CEOs. LET’S TAKE A CLOSER LOOK:

A NOTE OF CAUTION • The BT-C Fore Business Confidence Survey reveals that business confidence in the March 2024 quarter dipped marginally

Robust Start • Early-bird results for the January-March 2024 quarter indicate a double-digit growth in consolidated profits for India Inc.

THE BIG NUMBERS

Succession • The Godrej family settlement, which has split the group in two, has received a thumbs-up from lawyers

THE NEW GODREJ • HOW THE PROPERTIES HAVE BEEN DIVIDED

REGULATORY RAP • The RBI has been taking stringent regulatory actions against financial institutions. The latest to face the music is Kotak Mahindra Bank

Runway Debut • India is set to get air taxis by 2026, which will cut down commute times in cities significantly, and provide respite from traffic woes

Déjà vu • How will the latest controversy on Cerelac affect Nestlé?

THE SOLITAIRE GROUP: DARE TO DREAM! • The making of a sparkling ‘Solitaire’ in the real estate sector began from a vision nurtured by Mayank Jaiswal, who was born in 1973 in Prayagraj, Uttar Pradesh, traditionally a pilgrimage and educational hub of India. After graduating from Allahabad University, he travelled extensively, gaining exposure and experience from diverse successful ventures. Eventually, he found his passion in the real estate business headquartered in his hometown to which he has a strong allegiance. Armed with a desire to redefine the real estate sector in India, he set out to pursue his vision to develop meaningful projects.

UNDER PRESSURE

Illuminating the Path of Progress and Social Equity

A Capital Issue • Experts suggest promoting economic growth and human development to achieve equity

BONDADA ENGINEERING LTD. • Reaching new heights of success with consistent determination!

THE NEW BOOK OF JOBS • COMPANIES ARE SCRAMBLING TO MEET THE DEMANDS OF THE DISRUPTIVE POST-PANDEMIC BUSINESS ENVIRONMENT. THEY ARE CREATING NEW FUNCTIONS EVEN AS THEY CONFRONT A HUGE CHANGE IN THE COMPOSITION OF THE WORKFORCE

JOBS ALERT

Roll of Honour • The overall champions, sector-wise ranks, and the process we followed

BUILDING THE DREAM TEAM • ICICI Bank’s ‘One Bank, One Team’ is proving to be highly effective, even seeing interest from outside the country

BREAKING BARRIERS CRAFTING LEADERS • Accenture’s disability inclusion programme is empowering employees and creating a new crop of leaders

Q&A WITH SUMIT GUPTA AND NEERAJ KHANDELWAL, FOUNDERS OF COINDCX • Over the past six years, CoinDCX has cemented its position as India’s leading crypto exchange, navigating through market cycles and regulatory challenges with resilience and innovation. Next, the company has set it sight to be a global web3 powerhouse. With a laser focus on solving the user experience problem inherent in Web3, CoinDCX is gearing up to revolutionize the way people interact with decentralized technologies. Sumit Gupta and Neeraj Khandelwal, the visionary founders...