Fortune India
By: Business Media Pvt. Ltd.Single Issue
Single Issue
- Fortune India June Issue 2016
- Price : 150.00
- Published on June 7, 2016
- Business Media Pvt. Ltd.
- Issues 130
- Language - English
- Published daily
About this issue
When we launched, the Next 500 last year, the idea was to start a conversation on one of India Inc.’s most neglected pockets: midsize companies. Midsize companies must be made a part of the mainstream as they have a disproportionate impact on critical metrics, such as job creation and the overall competitiveness of the economy. In its second edition, the Next 500 continues that mission. Senior editor Rajiv Bhuva, who anchors the list, says companies across sectors had a tough year. Dividend growth, which is one of the more attractive features of the midsize segment, also disappointed investors. Notwithstanding those challenges, a fifth of the companies from last year’s list outperformed the rest and qualified for the big league: the Fortune India 500. Rajiv sliced and diced a huge amount of data to unearth top performers on a wide array of parameters, including the stocks that you should bet on if you are an investor. The analysis starts on page 78. Two companies from the list make for stories of great fortitude against odds. Praj Industries, led by a CEO who says “patriotism” is his main motivation, is ready with a technology to make ethanol from agri-waste, which it claims can help the country stop oil imports altogether. That’s a heck of a claim, given we currently import 78% of our crude oil needs. We travelled to Praj’s R&D campus off Pune and came away impressed. Read that story on page 82. Then there’s the engineering and design company Tata Elxsi (page 90), one of the most obscure firms within the Tata empire. In its 27-year existence, Tata Elxsi has lived in the shadows of big brother TCS; its market cap is less than 1% of the combined market cap of the Tatas’ 14 listed companies. But in the past three years, its stock has jumped some 900%. The company is being rewarded for its sharp focus on industrial design in a country that has no culture of design thinking. Its clients—from Jaguar Land Rover to Bosch—would agree. Outside of the Next 500, There is a story on the growing importance of India for Diesel, the iconic denim brand that went through a big reboot a couple of years ago (page 62).
About Fortune India
Fortune is one of the most respected business magazines in the world. It is known for its unrivaled access to world’s most influential leaders and decision-makers. In a world of business long on information and short on time, Fortune stands out with trusted insight, deep reporting and provocative story telling. Few publications cover the world of business with as much depth, breadth, wisdom, and panache. That’s why Fortune is recognized as ‘the best magazine in the world that just happens to be about business’. Fortune 500 is perhaps the best-known brand in business journalism and the ultimate hallmark of corporate success. Launched in India in October 2010, Fortune India retains the spirit of the global brand with respect to thought leadership and practice from across the world every month while adding an Indian dimension. It is the only truly global business magazine dedicated to the global success of Indian business leaders, offering actionable insights to propel their businesses. Fortune Indai is published every month. Fortune India publishes 12 issues (10-regular issues and 2 special- 500 listing issues) in a year. Single Issue Digital price for regular issues is 200 INR and 300 INR for special issues