BUSINESS TODAY

JULY 20, 2003

Cover Story

Editorial

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At Work

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	Housing Boom Like the Senguptas in the photograph above, 1.5 million people in urban India and 5 million in the country as a whole bought houses last year. Mortgages, furniture, accessories, allied services— this is one big happening market.

TATA STEEL
Burnishing The Brand

The steel giant plans to
beat the commodity
cycle by focusing on
brands and
higher-value steel.
Read More





	Caught In The Middle Do you suspect that middle-managers are in a pincer-squeeze between juniors and senior managers? Well, here's the evidence—in the form of BT-Omam's salary survey. more...		Listings And Methodology A hundred companies responded on the condition of anonymity to the Middle Management Salary Survey 2003. Plus, how we went about it. more...




	Cemco With his Rs 2,200-crore deal to take over the cement business of L&T, Grasim's Kumar Mangalam Birla closes one of the most engaging Indian corporate raid stories of our times. The inside tack. more...		Private Banking With a whole generation of super-rich Indians looking to invest their crores, it is time for private banking to get active. Here's a look at a phenomenon that is beginning to gain wider acceptability. more...




	Below MRP Thank the retail revolution. Not for the swank new look of India's new malls, but the prices. The hallowed MRP is under attack from discount retailers. P.S.: It's a foolproof way to lure shoppers. more...		60 Minutes An interview with Steve Mills, Senior VP & Group Executive (Software Group), IBM. The division is looking at acquisitions, he says, but largely those capable of giving organic growth additional momentum. more...




	UTI Turnaround In two years, UTI's M. Damodaran has executed a turnaround in the country's premier mutual fund. The Trust is no longer looking in as perilous as it was, but the growth challenge remains. more...		GM's New Car Autocar India's Hormazd Sorabjee takes Chevrolet Optra for a spin with a single objective. To find out if it could prove to be a Corolla killer. And his verdict? more...




	from India
	from outside India








Q&A: Jan P. Oosterveld Meet a Dutch engineer who describes his company as "too old, too male and too Dutch". This is Jan P. Oosterveld, 59, Member, Group Management Committee & CEO (Asia Pacific), Royal Philips Electronics, a $31.8-billion company going through tough times. His mission is to turn Philips market agile and global in outlook. More Web Exclusives More Net Specials


Bio-dynamic Tea Estate Is there a way to rejuvenate tea consumption? Rajah Banerjee, the idiosyncratic owner of the 1,500-acre Makai Bari tea estate, among India's largest, thinks he has the answer to the industry's woes: value-added tea. 'Bio-dynamic' tea, to use his phrase. Here's a look at some of his organic and flavoured tea experiments.







	Rip-Roaring Stocks Trading volumes are soaring, and the most highly traded stocks are driving the market rally. Here's how to make money from them. more...		BPO Blues Never envy an HR manager at a BPO unit. Presenting a day in the life of such a professional. more...




	The Case Of The Impeccable Shirt Should Rann Readymades recraft its key brand's image? D. Mehta of Arvind Brands, A. Nanda of Alok Nanda Associates and Kalyanmoy Chatterjee of TNS-Mode discuss. more...		Lost In Bhalukhop BT's Moinak Mitra tags along on a reality learning adventure to Darjeeling and returns very very wet-but not behind the ears. more...




	Bye, Alex; Hello, Sanjiv Sanjiv Gupta's ascent; Tarun Das and Amit Mitra's rivalry; Anita Udeep's proposal; Raymond Bickson's charm; Manoj Chugh's departure; and Sorab Mistry's elevation. more...		By Invitation by Ajay Bahl By Invitation by Salil Parekh Left Angle by Paranjoy Guha Thakurta Notes From The Trough by Mahesh Murthy Leadership Secrets by Jayant Kochar





	The Empire Strikes Back After restructuring and consolidating their businesses in the nineties, the Tata Group, the A.V. Birla Group, and the Ambanis look set to dominate Indian business. more... Interview Tete-a-tete with Gartner's Senior Vice President Bob Hayward. more... Apex Aside Low airfares spawn a new travel-class more... A Fine Cut The Rs 9,000-crore cigarette industry rushes to launch products ahead of the coming ban on tobacco advertisement. more...		Help, Tarun!!! Tarun Sheth addresses your career concerns every fortnight. more...


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