Decoding India's UV

How utility vehicles came to dominate the Indian market and why the trend is here to stay.

"Tata Sons capital will largely go towards new businesses"

N. CHANDRASEKARAN, WHO COMPLETES SIX YEARS AS THE CHAIRMAN OF TATA GROUP, AIMS TO BUILD SIZEABLE NEW ASSETS UNDER THE CONGLOMERATE, LEVERAGING THE GROUP'S TALENT, BRAND AND FINANCIAL POWER. ONCE THE BUSINESS MODEL IS PROVEN AND CASH FLOWS ARE IN SIGHT, NEW BUSINESSES ARE TO BE OPENED FOR STRATEGIC INVESTMENTS AND IPOS, HE TELLS FORTUNE INDIA IN AN EXCLUSIVE INTERVIEW. EDITED EXCERPTS.

Pivoting TATA

HOW CHAIRMAN TRANSFORMING BY RE-IMAGINING N. CHANDRASEKARAN IS THE 154-YEAR-OLD GROUP LEGACY BUSINESSES, SEEDING NEW-AGE FIRMS AND A $90 BILLION INVESTMENT BOOST.

Replacing Old Windmills

The Repowering Policy for Wind Power Projects will replace older, smaller wind turbines with higher-capacity ones. Here's what needs to be fixed first.

The Conversation

AMITABH KANT, G20 SHERPA & EX-CEO, NITI AAYOG ON DECEMBER 1, 2022, INDIA ASSUMED PRESIDENCY OF G20, A FORUM OF 19 COUNTRIES (PLUS EU) THAT TOGETHER REPRESENT 85% GLOBAL GDP, 75% TRADE AND ABOUT TWO-THIRD POPULATION. IT WILL HOST OVER 200 G20 MEETINGS OVER THE NEXT SEVERAL MONTHS. AMITABH KANT, THE G20 SHERPA OR PERSONAL ENVOY OF THE PRIME MINISTER WHO HAS TO OVERSEE G20 EVENTS DURING INDIA'S TERM, TALKS ABOUT THE SIGNIFICANCE OF THE PRESIDENCY AND HOW INDIA'S THEME, \"ONE EARTH, ONE FAMILY, ONE FUTURE,\" CAN MAKE A DIFFERENCE.

Ideas For Budget 2023

Leading experts discuss what finance minister Nirmala Sitharaman can do to give a booster shot to the Indian economy.

Right Time For Global Diversification?

With fallin global indices, it’s time for investment bevond Indian shores. But only for the long haul.

Where To Invest In Luxury

From fine wines to carpets, watches and jewellery to artand whisky ‘asks, and million-dollar apartments, here’s how to diversify your portfolio with the rarest of assets.

Gold: The Safe Bet In 2023

The vellow metal had an impressive run in 2022 as itemerged as a safe haven due to rising inflation. eeopolitica crisis and recession fears. The trend is likely to continue in 2023.

Should You Buy Property In 2023?

It always pays to invest in your own house. But if you are looking at realty as an asset class. commercial property, REITs and fractional ownership may be the way out.

“Allocate Across Assets, Think Long Term On Equity”

All things that could go wrong went wrong in 2022. After a record of sorts last year, the Street saw extreme volatility amid a concoction of macro headwinds, primarily led by a hike in interest rates by central banks across the globe. The sudden reversal of liquidity amid an inflationary environment, triggered by the Russia-Ukraine conflict roiled markets and economies worldwide. Recessionary winds are blowing across the U.S. and Europe. While India is grappling with the fallout, its growth story remains intact. Against this backdrop, Fortune India got the country’s leading private wealth managers, Ashish Gumashta of Julius Baer India, Ashish Kehair of Nuvama Wealth Management, Anirudha Taparia of 360 ONE Wealth, Atinkumar Saha of Deutsche Bank and Rajesh Saluja of ASK Wealth Advisors to discuss how different asset classes will perform in the year ahead. The discussion was moderated by V. Keshavdev. Edited excerpts:

Where to Invest in 2023

The Indian economy remains sturdy but high prices are challenging investor earnings. Here's how one can beat inflation in 2023.

BEL TOLLS FOR INDIA'S GROWTH

As the year 2023 dawns, Mr Bhanu Prakash Srivastava, CMD, BEL, shares the Navratna PSU's vision to make rapid strides for building a self-reliant nation.

BIG LEAP FOR KIIT SPORTS; HONOURED WITH RASHTRIYA KHEL PROTSAHAN PURUSKAR 2022

The KIIT Deemed-to-be-University has had its crowning accomplishment in the field of sports last month. On November 30, the University was conferred the Rashtriya Khel Protsahan Puruskar 2022 for the encouragement of sports. The award could not have come at a better time for the University to celebrate its silver jubilee year. The Founder of KIIT and KISS Dr Achyuta Samanta received the honours from President Draupadi Murmu.

Revenue Challenges Preclude Meaningful Budget Tweaks

Unless government improves its tax revenue performance, and meets its disinvestment targets, there will be a shortfall.

Budget’s Message Should be About Sustaining Growth Recovery

Uncertainty tends to delay discretionary consumption expenditure and even private investments.

Why India Needs A Jobs Policy

The country's job crisis is structural and systemic; reliance on high growth and manufacturing has simply not worked.

Look Beyond Roads, Rail In Capex

The capex push has focused on road and rail sectors. Budget needs to look at other infrasturure segments for holistic growth.

What's Behind Central Banks' Gold Rush?

Central Banks globally have accumulated gold reserves this year at a pace not seen since 1967.

The Tiff Over Centre's Spending

House panel finds that too much additional mid-year spending compromises the sanctity of Budget numbers.

The Conversation

SWISS MULTINATIONAL HEALTHCARE COMPANY F. HOFFMANN-LA ROCHE AG, KNOWN AS ROCHE, IS ONE OF THE OLDEST PRIVATELY HELD FAMILY BUSINESSES WITH A 125-YEAR HISTORY. EXPERTS SAY ONCE A FAMILY BUSINESS ACHIEVES SCALE, IT SHOULD BE ENTRUSTED TO PROFESSIONALS. FORTUNE INDIA CAUGHT UP WITH MEMBERS OF THE FOUNDING FAMILY, ANDRE HOFFMANN, VICE-CHAIRMAN AND BOARD MEMBER, AND DR. JORG DUSCHMALE, BOARD MEMBER, TO TALK ABOUT THE FUTURE OF HEALTHCARE AND FAMILY-PROFESSIONALS RELATIONSHIP AT ROCHE. ANDRE, WHO TURNED 63 THIS YEAR, IS GREAT-GRANDSON OF FOUNDER FRITZ HOFFMANN. INTERVIEW BY P.B. JAYAKUMAR.

Cash Is Not King

Expansion of absolute cash in circulation has to be seen holistically with growth in GDP and uptick in digital transactions.

Where Crypto Goes After The FTX Debacle

The collapse of Sam Bankman Fried's firm is the financial scandal of the decade. But it might help the Web3 world clean up its act.

US, Europe Lessons For Gig Economy Law

The country needs to revisit the very definition of gig and platform workers similar to those outside the traditional employer-employee relationship, like the U.S. and Europe.

Cash Registers Ring For LifeStyle

Organic growth strategy and focus on margins help company make a strong comeback.

Info Edge: On The Job

Gains in Zomato and a booming Naukri business boosted growth for the pure play Internet firm.

Indus Towers: Data Gains

The merger with Bharti Infratel and a sharp rise in mobile data usage aided the revenue growth of the world's second-largest telecom tower company.

Adani Wilmar: Businesses Of Scale

A ₹3,600-crore IPO and focus on the nascent branded staples market with convenience foods have catapulted the Adani Group company into the main league.

LIC: Elephant Learning To Dance

The debutant that ranks at No.2 on Fortune 500 India list comes with a rich legacy, but post listing it needs to prove its chops.

RIL'S Constant Evolution

The triple bet on digital, retail and green energy kept the fortunes in favour of India's largest company.