Fortune India Magazine - November 2016

Fortune India Magazine - November 2016

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In this issue

It’s always heartening to see a woman move up into a top job. Zarin Daruwala headed ICICI Bank’s wholesale banking business, and was one of the bankers responsible for the Essar-Rosneft deal. Last year, she was named as the India head of Standard Chartered. It’s a big move—from running one of the most important verticals of India’s largest private bank to taking charge of a much smaller, troubled subsidiary of a large foreign bank. Deputy editor T. Surendar says such moves are not common in banking. He speaks to bankers and recruitment specialists to understand what this move means to Daruwala and to Stanchart. On page 63
On the subject of big moves, senior editor Pavan Lall caught up with Vandana Luthra of VLCC fame. His aim: to understand if VLCC would go through with its IPO plans. And if it does, will the lady give up the controls easily? Read about that on page 84.
Lall also pushed the case of Devita Saraf, the thirty something daughter of Raj Saraf, founder of Zenith Computers. She has created a business making and selling flat-screen TVs—designed in the U.S., manufactured in China, and sold in India, read this story on page 70
Elsewhere, Indra Nooyi’s name has begun doing the rounds as a possible candidate for the chairman’s post at Tata Sons. Nooyi’s showing has been consistent on Fortune’s Most Powerful Women list in the U.S. In the last five years, her position has veered between No. 2 and No. 3, but never lower. Many see her pivoting Pepsi away from the realm of unhealthy foods (sugary drinks, chips and so on) to healthy foods (water, kale juice, and low-fat snacks) as visionary. But if Bombay House were at all to consider attracting her or someone of her calibre, it needs to quickly change the ongoing narrative. Catch the international list from page 117

Fortune India Magazine Description:

PublisherBusiness Media Pvt Ltd




Fortune India is a monthly business magazine published by the India Today Group. It is the Indian edition of the American business magazine Fortune.

Fortune India covers a wide range of business topics, including corporate news, market trends, and leadership profiles. The magazine also features articles on entrepreneurship, innovation, and social responsibility.

Fortune India is known for its in-depth reporting and its insightful analysis. The magazine has won numerous awards, including the World Media Award for Business Journalism.

Here are some of the features of Fortune India Magazine:

* In-depth reporting: Fortune India features in-depth reporting on the latest business news and trends.
* Expert analysis: Fortune India's writers and analysts provide insightful analysis of the Indian business landscape.
* Leadership profiles: Fortune India features profiles of leading business figures from India and around the world.
* Entrepreneurship: Fortune India covers the latest trends in entrepreneurship and innovation.
* Social responsibility: Fortune India features articles on corporate social responsibility and sustainability.

Fortune India is a must-read for any business leader or anyone interested in the Indian business world. Subscribe today and start your journey to becoming a better business leader!