Business News

Business Today Magazine’s latest cover story explores the next phase for India’s private space industry. A generation of start-ups has built on decades of Isro-led investment and the reforms that opened the sector to private enterprise. The launch of Skyroot Aerospace’s Vikram-1, India’s first privately developed orbital-class rocket, marks a major milestone. The harder test now is turning technical progress into sustainable businesses. The cover story examines what it will take for companies such as Skyroot, Agnikul, Pixxel, Bellatrix and Digantara to scale. They face a thin customer base, gaps in domestic demand and tough competition from SpaceX. As they build their own technology and supply chains, the industry must find repeat customers in India and overseas. Elsewhere, the issue looks at India’s jobs challenge, where educated young people face scarce entry-level roles even as employers report a shortage of skilled workers. The latest Business Today-C Fore Business Confidence Index also points to cautious hiring and investment plans among companies. In a conversation with Business Today, Ravi Lambah of Temasek discusses why Indian healthcare remains a “structural, multi-decade opportunity”, including the potential in AI, medtech and digital health, and the need to improve capacity, affordability and access. All this and more in the latest issue of Business Today Magazine. Out on stands now.

Business Today Magazine’s latest cover story turns the spotlight on India’s business schools at a time when the traditional MBA is being rethought. With applications declining, costs rising and employers changing what they expect from management graduates, the degree must show how it can prepare students for a fast-changing business environment. The Business Today–MDRA Best B-Schools 2026-27 edition evaluates 277 participating management institutes across India. The shift is already visible globally, where several universities have discontinued full-time MBA programmes. In India, schools are promoting one-year executive courses and rethinking how they teach as AI reshapes work and Gen Z weighs alternatives such as specialised master’s degrees, micro-credentials and start-ups. The stakes are high for students choosing where to study and how much to invest. Forty per cent of India’s top 25 B-schools reported lower admissions this year than last, including four IIMs. Placement trends also point to changing employer demand, with hiring at the top 25 schools declining while the placement rate rose among schools ranked 51–75. The new rankings place IIM Ahmedabad first, followed by IIM Calcutta, IIM Lucknow, SPJIMR and XLRI. Collectively, the latest issue captures management education at a turning point: as technology, student expectations and hiring needs evolve, business schools face pressure to make the MBA more relevant, flexible and valuable. In a conversation with Business Today, ISB Dean Madan M. Pillutla discusses how learning could become more personalised and spread across a career. All this and more in the latest issue of Business Today Magazine. Out on stands now.

Business Today Magazine’s latest cover story turns the spotlight on India’s increasingly crowded quick commerce market, where the battle is shifting from breakneck expansion to profitability. After years of deep discounts, aggressive customer acquisition and rapid dark store expansion, investors are now asking a tougher question: can these platforms convert massive scale into sustainable profits? The competitive landscape is also widening. Blinkit, Zepto, Swiggy Instamart and BigBasket are now facing growing pressure from Amazon Now and Flipkart Minutes as quick commerce becomes central to the battle for India’s urban consumer. Blinkit has emerged as an early profitability leader, while rivals are recalibrating strategies around costs, unit economics and expansion. The next battleground is already moving beyond groceries, with platforms betting on private labels, general merchandise, beauty and personal care, and other higher margin categories. The opportunity remains enormous. India’s quick commerce market is expected to reach $250 billion by 2030, even as online grocery currently accounts for only 1 to 2% of urban grocery consumption. The eventual winners may therefore be determined not simply by who grows fastest, but by who can combine scale with operational discipline, stronger unit economics and steady cash flows. Collectively, the latest issue captures quick commerce at a critical inflection point, as intensifying competition tests whether India can sustain multiple players in a capital intensive business that demands both scale and a clear path to profitability. All this and more in the latest issue of Business Today Magazine. Out on stands now.

BT India@100, Business Today’s special annual edition, is back and this time the spotlight is on India’s manufacturing ambitions. The BT India@100 2026 special issue, “India’s Manufacturing Surge”, explores the companies, states and districts driving the Make in India revolution, and asks whether manufacturing can become the foundation of a truly developed India by 2047. The issue takes a deep dive into India’s manufacturing ecosystem at a time when global supply chains are being redrawn and economic security is back at the centre of the conversation. While manufacturing’s share of GDP remains around 16%, new industrial clusters, expanding supply chains, rising exports and investments in sectors such as electronics and semiconductors point to a transformation on the ground. A BT-Deloitte India study identifies the companies leading India’s manufacturing transformation, including India Inc. titans such as ITC Chairman & MD Sanjiv Puri, Maruti Suzuki MD & CEO Hisashi Takeuchi and Jindal Power Chairman Naveen Jindal. BT Research maps the states at the forefront of the race, with Gujarat leading on several investment and export parameters, Uttar Pradesh emerging as a major challenger, and Tamil Nadu remaining a manufacturing powerhouse. The issue features Uttar Pradesh CM Yogi Adityanath, Gujarat CM Bhupendra Patel, Haryana CM Nayab Singh Saini, and Maharashtra CM Devendra Fadnavis, as it looks at the states powering India’s manufacturing rise. An analysis by How India Lives goes deeper into the districts powering production and exports, with 69 districts exporting more than $1 billion each in manufacturing goods in FY26. Also, discover the sectors and emerging manufacturing hubs shaping India’s next phase of growth, the reforms needed to make Indian factories globally competitive, and why India must chart its own manufacturing path rather than replicate China’s model. All this and more in the latest India@100 Special issue of Business Today Magazine. Out on stands now.

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