EDUCATION EVENTS MUSIC PRINTING PUBLISHING PUBLICATIONS RADIO TELEVISION WELFARE

   
f o r    m a n a g i n g    t o m o r r o w
SEARCH
 
 
AUGUST 13, 2006
 Cover Story
 Editorial
 Features
 Trends
 Bookend
 Money
 BT Special
 Back of the Book
 Columns
 Careers
 People

Oil On Boil, Again
Oil is hitting new highs after a US government report showed strong fuel demand in the world's top oil consumer. Prices also drew support from international tensions ranging from Iran's nuclear ambitions to North Korea's missile tests. Adjusted for inflation, oil is more expensive now than at anytime since 1980, the year after the Iranian revolution. A look at how oil is affecting economies, and what's in store for nations.


Driving The Market
India is becoming key to the growth plans of global auto makers as its emerging market and low-cost manufacturing base offer an alternative to rival China. To cite just one example, Japan's Suzuki Motor Corp has said it would build a new compact car in India for Nissan Motor Co to sell in Europe. India's passenger vehicle market is only a fifth of China's, but is forecast to nearly double to two million units by 2010.
More Net Specials
Business Today,  July 30, 2006
 
 
A Makeover For Mumbai

The city of 16 million people, ravaged by floods and blasts, needs an overhaul if it is to become a global metropolis. Here's how to do it.

The Mumbai Blueprint

MUMBAI 1

If you were one of Mumbai's 16 million (including the suburbs and extended surburbs) residents who faced nature's wrath on July 26, 2005, when virtually the entire city was submerged under nearly a metre of rainwater, you might have purchased this issue of Business Today, which votes Mumbai as the Best City for Business, to make paper boats of it. If you are one of Mumbai's 6.4 million who use the local train every day, and survived last fortnight's serial bomb blasts on the western rail route, you must be wondering how can a city be good for business when its dwellers flirt daily with death.

MUMBAI FACT FILE
FOUNDED: 1661 A.D.
AREA: 431.71 sq. km
POPULATION: 16 million#
ROAD LENGTH: 1,941.17 km
PUBLIC TRANSPORT: 3,400 buses, 2,500 train services, 55,000 taxis
PEAK POLLUTION LEVELS: SO2: 7 microgram/metre cube; SPM (suspended particulate matter): 122microgram/metre cube
INDUSTRIAL LOAD SHEDDING: Nil*
RESIDENTIAL LOAD SHEDDING: Nil*
POWER TARIFF: Rs 3.25-5.25 per unit (industrial); Rs 0.75-3.25 per unit (residential)
PIPED WATER SUPPLY: Four hours per day
COMMUTING TIME: 1.5 hours by road from Nariman Point to Andheri (30 km)
COST OF DOMESTIC HELP: Rs 500 a month
COST OF PETROL: Rs 52.71/litre
COMMERCIAL REAL ESTATE RATES:
Rs 5,000-21,000/sq. ft
RESIDENTIAL REAL ESTATE RATES:
Rs 4,000-35,000/sq. ft
TELEDENSITY: 600 per 1,000 people^
AVERAGE PER CAPITA WHITE COLLAR WAGES:
JUNIOR MANAGER:
Rs 3 lakh per annum
MIDDLE MANAGER: Rs 13-15 lakh p.a.
SENIOR MANAGER: Rs 40-45 lakh p.a.
NUMBER OF MURDERS: 212 in 2005
NUMBER OF TRAFFIC ACCIDENTS: 4,256 in 2005; No. of fatalities not available
HEALTHCARE: 3.3 hospital beds per 1,000 people
CONSUMER PRICE INDEX: 462**