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BT500: PSUs make a strong charge into the list of top 10 most profitable companies

Government companies were once written off as inefficient and lacking the competitive spirit of their private sector counterparts. This year, five of them make it to the top 10 of the BT500 listing that celebrates India's most profitable companies.
BT500: PSUs make a strong charge into the list of top 10 most profitable companies
Business Today Magazine's annual BT500 Special Issue redefines the contours of corporate performance and in this year' rankings, it is moving beyond size to position profitability as the definitive marker of resilience and long-term value. Amid policy realignments, geopolitical volatility, and heightened investor scrutiny, this profitability-centric framework offers a more credible benchmark of enterprise strength. A key inflection point is the resurgence of PSUs, long discounted as inefficient, now repositioned through capital efficiency, governance reforms, and portfolio diversification. Five PSUs in the top ten testify to this structural transformation. Their upward trajectory complements the dominance of private sector champions, generating a dual narrative of India’s growth arc. Across energy, finance, technology, and infrastructure, the unifying themes are operational discipline, technological adaptation, and scale-driven strategies. Collectively, BT500 2025 captures this new reality, where profitability, strategy, and governance coherence dictate corporate longevity. All this and more in this special issue of BT Magazine. Out on stands now.
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The latest issue of Business Today captures the fragile equilibrium shaping India’s economic narrative, as the BT-C Fore Business Confidence Index inches up to 50.2 in Q1 FY26, reflecting a cautious optimism tempered by structural headwinds. While any number above 50 indicates positive sentiment, the recovery remains tepid. Good rains, RBI rate cuts, and easing inflation have offered some relief but slowing domestic growth, weak private investment, and the shadow of steep US tariffs continue to unsettle boardrooms. Business Today unpacks the paradox of robust macroeconomic resilience juxtaposed with muted boardroom sentiment, exploring how income tax cuts, resilient consumption, and global trade pacts like the India-UK FTA may shape the road ahead. Offering sharp analysis on the interplay of policy, demand, and external shocks, the issue provides a clear-eyed view of the choices and challenges that will define India’s growth trajectory in the months to come. All this and more in the latest issue of Business Today Magazine. Out on stands now!
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Business Today Magazine’s special India@100 issue presents a bold and timely vision for India’s next phase of economic transformation. At a time when global dynamics are shifting and domestic priorities are intensifying, this special edition serves as a strategic guide to navigate the opportunities and challenges that lie ahead. With the nation aiming to become a $30-trillion economy by 2047, the focus is on the structural reforms, policy shifts, and institutional realignments needed to unlock long-term growth. The issue reflects on the lessons of the past three decades while sharply framing the imperatives of the next two. At the heart of this special edition is the 100 Reform Ideas list—an ambitious, multidisciplinary blueprint developed through expert insights, rigorous analysis, and real-world applicability. From governance and climate policy to infrastructure, digital innovation, and social equity, the reforms are designed to catalyse inclusive development and position India as a global powerhouse. This special edition is a call to action - a roadmap for policymakers, industry leaders, and citizens to co-create the India@100 story. All this and more in this special issue of BT Magazine. Out on stands now.
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Business Today’s latest issue spotlights a reckoning in India’s ₹18,700-crore film industry, where the pandemic-fuelled OTT boom led to inflated production budgets and sky-high star fees, only to now face a sobering pullback from streaming platforms. With several big-budget films struggling to find buyers, producers are being forced to rethink the economics of storytelling. The cover story captures this tipping point through in-depth insights and rare industry voices, including an exclusive interview with Aamir Khan, who candidly dissects the current disruption and shares why he’s pushing back against OTT norms in favour of reviving theatrical experience. He opens up about the broken economics of India’s film industry, the OTT content trap, and why he’s betting on storytelling over spectacle. But it’s not just Bollywood under the scanner. This issue also explores systemic tremors shaking up India’s business landscape—from rising doubts around the Insolvency & Bankruptcy Code to concerns over market manipulation in India’s booming F&O space. All this and more in the latest issue. Now on stands!
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In a rapidly evolving automotive landscape, Hyundai Motor India’s bold reset forms is the main focus in Business Today’s latest issue. Once a solid No. 2 in the Indian car market, Hyundai is now navigating intense competition and a shifting consumer landscape with an aggressive comeback plan—spanning 26 new launches, deeper electrification, hybrid strategy, and expanded rural outreach. From capacity ramp-ups and export pivots to a recalibrated focus on SUVs and premiumisation, the company’s blueprint reflects high stakes and long-term ambition. Yet, as the cover story examines, challenges persist—declining market share, EV adoption hurdles, and the need to reduce overdependence on flagship models like the Creta. Hyundai’s journey also highlights India Inc.’s resilience amid slowing topline growth and rising governance scrutiny across sectors. Together, they spotlight a pivotal moment for both the company and the economy—where strategic execution, innovation, and clarity of purpose will define outcomes. All this and more in the latest issue of Business Today Magazine. Out on stands now.
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