Hi All,
Plz give feedback for this session and also let me know what can I include in my next session.
Also post your write up here on the assignment that I have given you in today's session.
Regards
Vinay
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About Me
- Student Assistance Cell (SAC)
- The Student Assistance Cell (SAC) has been started to help the students to cope up with the rigour of MBA course and to develop the students’ skills to achieve success in a professional career. This Cell would work in coordination with the students giving them assistance and resources to acquire the necessary technical and interpersonal skills. To coordinate the activities of SAC, a core committee of students from various sections of first year has already been constituted. The Executive Board of SAC includes • Vinay Chirania (Leader & Motivator) • Naveen Chandani (Section E) • Ridhima Bhanot (Section E) • Parveen Bansal (Section F) • Kusumanjli Kukar(Section F) • Nikita Bhuwalka (Section G) • Jayasudha J (Section H) • Akansha Trehan (Section I) • Aribam Pavan (Section J) • Prathiba B (Section K)
Visitors Count
Temasek Holdings:-
ReplyDeleteIt is an investment company founded in 1975 and owned by government of singapore. The company's headquarters is in singapore, S Dhanabalan as the Chairman and HO Ching holding the post of CEO.
TH(Temasek Holding) is an active shareholder and investor in sectors such as banking and financial services, real estate, transportation & logistics, education, consumer & lifestyle, engineering & technology, infrastructure and energy & resources. It manages a portfolio of about US$127 billion focused primarily in Asia.
Some of the large foreign companies in which Temasek owns stakes includes Standard Chartered, Bank of China, ICICI Bank. SingTel, DBS Bank, Singapore airlines, Singapore Power and Mediacorp are the Singapore's largest companies in which TH owns stakes.
Temasek's financial year ends in March and reports are usually made in August. It achieved record profits of S$18 billion(US$12 billion) in the year 2008 which is just double that of 2007 while on Feb 10,2009 its investment portfolio value fell by 31%.
About anand Sharma –commerce and finance minister
ReplyDeleteShimla: Anand Sharma was born in Shimla in the state of Himachal Pradesh on January 5, 1953. He has been a prominent leader of the student and youth movement in India. He was one of the founders of NSUI, the student wing of the Indian National Congress. After serving as the state President for Himachal Pradesh and National General Secretary, he rose to become the President of the Indian Youth Congress in 1985. He has worked closely with late Prime Minister Rajiv Gandhi. He was educated at Shimla and was first elected to Parliament in 1984 at the age of 31.
Anand Sharma has been a prominent public face of the Indian National Congress and was Chief Spokesman of the party for six years. He was elevated to the Union Council of Ministers with responsibility for Foreign Affairs in January, 2006. He also assumed the additional charge of Union Minister of State for Information & Broadcasting in October 2008.
In addition to his considerable experience in dealing with the media, Anand Sharma brings to his Ministerial assignment a vast reservoir of knowledge in international affairs. He has considerable experience in representing his party and India at diplomatic interactions at all levels and has either led or been a member of delegations to over fifty countries. He has been a key organizer of several major international conferences, including the First Non-Aligned Youth Conference in 1985 in New Delhi which was attended by delegates from 82 countries, and has been sent by the Prime Minster of India as Special Envoy for various sensitive assignments.
Sharma is recognized for his personal commitment to the struggle against Apartheid in South Africa. As President of the Indian Youth Congress, he was instrumental in convening an International Youth Conference against Apartheid in New Delhi to commemorate the 75th anniversary of the African National Congress in January 1987. In addition to being Chairman of the Indian Anti-Apartheid Movement, he also chaired the World Youth Action against Apartheid. He was appointed to observe the South African Transition Process and Elections in 1994 by the Commonwealth Secretary-General.
Anand Sharma was proactively associated with the convening of the International Conference, as its Secretary General, to mark the centenary of the Satyagraha organized by the Indian National Congress in New Delhi in January, 2007. The Conference was attended by representative leadership delegations from 91 countries and 122 organisations. In pursuance of the Conference declaration, he moved India’s Resolution, co-sponsored by 142 member-states, at the UN General Assembly on 15 June 2007, to observe Mahatma Gandhi’s birthday on 2nd October as the International Day of Non-Violence. The resolution was adopted unanimously by the UNGA.
Anand Sharma is a lawyer by education and is well-conversant with parliamentary and legislative procedures and as a member of the panel of chairpersons for Rajya Sabha has presided over sittings of the House.
He is deeply involved in work relating to autism and disabilities.
Sharma has keen interest in sports and has been a member of the Sports Authority of India.
Anand Sharma is married to Dr Zenobia Sharma. They have two children.
His other interests include cricket, hiking, travelling, reading books on philosophy and history; listening to Indian and western classical music.
He was conferred “The Order of the Companion of Volta”, top Ghanaian civilian award by President J A Koufour on 10 November 2008 in recognition of his commitment to South-South Cooperation. He was also honored with the “Commander of the National Order of Merit”, highest civilian award by the President of Ivory Coast on 14 January 2009.
He has been given the responsibility in the Union Cabinet of India as Minister for Commerce and Industry. He assumed charge as the Minister on 29th May 2009
Manoj Kohli- CEO of Bharti Airtel
ReplyDeleteManoj Kohli is the CEO & Joint Managing Director, Bharti Airtel. He heads the integrated telco including all businesses of Mobile Services, Telemedia Services, Enterprise Services and International Operations. He is a Director on the Board of Bharti Airtel. Prior to becoming CEO & JMD, Manoj held multiple roles as President & CEO, Head of Mobile Services business at Bharti Airtel.
Manoj started his career in 1979 with DCM Ltd., where he initially led the HR function, followed by leadership positions in the Foods, Chemicals and Fertilizer businesses and assignments in Engineering projects, including Shriram Honda. He left as Vice President, responsible for the Air Conditioning & Refrigeration business unit (now known as Tecumseh & Daikin). He subsequently worked at AlliedSignal, where he was Executive Director in charge of its new Industrial Park and operations in India.
Next, Manoj joined Escotel, which he led for over 5 years as Executive Director and CEO, before coming on board at Bharti Airtel.
Manoj has been the Chairman of Cellular Operators Association of India (COAI) in 2001-02. He was adjudged “Telecom Man of the Year” in 2000 by Media Transasia. He is a member of the Academic Council of the Faculty of Management Studies and has been awarded the “Best Alumni Award” by SRCC, Delhi University.
Manoj holds degrees in Commerce and Law and an MBA from Delhi University. Manoj also attended the “Executive Business Program” at the Michigan Business School and the “Advanced Management Program” at the Wharton Business School.
Sesa Goa is an iron ore mining company located in Goa, India, which now has been overtaken by Vedanta Resources. The company is India's largest privately-owned exporter of ore products. The Met Coke division produces 280,000 tonnes of metallurgical coke each year. The Sesa Industries Limited division produces 220,000 tonnes of pig iron annually. In 2004 the firm made profits of around 400m rupees (around US$10m). Sesa Goa Limited, the flagship company of Sesa Group is India's largest exporter of iron ore in the private sector. For the past five decades, the Group has been involved in iron ore mining, beneficiation and exports, with a group turnover of around Rs. 4900 crores. Over the last decade, it has diversified into the manufacture of pig iron and metallurgical coke. The Group operates a 280,000 TPY metallurgical coke plant and a 250,000 TPY pig iron plant. Sesa Goa Limited has mining operations in Goa, Karnataka and Orissa. Sesa Goa Limited was established in 1954. Currently, the company exports approximately 5 million tons of iron ore, fines and lumps to customers in Japan, China and Europe from ports on both the east and west coasts of India. Besides our mining activities in Goa, we have mining operations in Karnataka and Orissa. Ore from Karnataka is exported through the ports at Goa and Chennai while ore from Orissa is exported through the ports of Haldia and Paradeep. Goan Ore is generally inclined to be relatively high in alumina content. However most Goan ore is beneficiated in beneficiation plants to raise the iron content and reduce alumina so as to meet one of many specifications agreed with steel plant customers.
ReplyDeleteNitin Paranjpe - CEO and MD of HUL
ReplyDeleteNitin Paranjpe has been Chief Executive Officer and Managing Director of Hindustan Unilever Ltd. (formerly,Hindustan Lever Ltd.) since April 2008. He has been an Executive Director of Home & Personal Care of Hindustan Unilever Ltd. since March 1,2006. He joined Hindustan Unilever as a Management trainee in 1987. He served Hindustan Unilever as an Area Sales Manager of Detergent, Product Manager of Detergents and branch Manager, Chennai since April 1996 and Member of the Project Millennium team since February 1999.
In 200, he moved to Unilever, London and was involved in a review of the Organization structure. He served as category head-Fabric wash & regional brand director(Asia) for some Laundry and Household Cleaning(HHC) Brands since 2002. He served as Vice President of Home Care(Laundry & HHC) since 2004, where he was responsible for the top and bottom-line of the Homecare bisiness. He has been an Executive Director of Hindustan Unilever Ltd, since June 1,2007. During 2001, he was Assistant to the Unilever Chairman & Executive Committee in London. Mr. Paranjpe obtained a degree in BE(Mech) and an MBA in Marketing(JBIMS)from Mumbai
ICICI
ReplyDeleteICICI Bank(formerly,Industrial Credit and Investment Corporation of India) founded in 1955 is India's largest private sector bank by market capitalisation and second largest overall in terms of assets. Bank has total assets of Rs. 3,793.01 billion(US$ 75 billion) at March 31,2009 and profit after tax Rs. 37.58 billion. The Bank also has a network of 1,520 branches and about 4,721 ATMs in India and presence in 18 countries, as well as some 24 million customers.
ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and specialised subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management.
ICICI bank is also the largest issuer of credit cards in India. ICICI Bank has got its equity shares listed on the stock exchanges ar Kolkata and Vadodara, Mumbai and NSE & its ADRs on the NYSE. The bank is expading in overseas markets and has the largest international balance sheet among Indian banks. ICICI bank now has wholly owned subsidaries, branches and representative offices in 18 countries, including an offshore unit in Mumbai.
ICICI bank is one of the Bigg four banks of India with State Bank of India, Axis Bank and HDFC Bank.
Bank of india was founded on 7 sept. 1906.The headquarter of bank of india is located in Mumbai.This is one of the leading commercial bank in india.Alok kumar mishra is working as the CMD of Bank of india.Bank of india started with only one bank in mumbai burt now it has around 2609 branhes in india spresd over all states/union territories including 93 specialize branches.These branches are controlled by 48 zonal offices.The Bank of india has been the first nationlize bank to establish a fully computized and ATM facillities at the mahalaxmi branch at Mumbai way back in 1989.BAnk of india was the first bank whih opened the branh outside the country at LONDON in 1946 and also in europe,paris in 1974. In july 1969 Bank of India was nationalized along with 13 other Bank.
ReplyDeleteNew Delhi , Aug. 5 The centre has aapointed mr. Alok Mishra as chairman and managing direstor of bank of india.The 56 years old person took the harge in Mumbai. Prior to this he was the CMD of new delhi headquarte oriental bank of commerce.He replaced Mr. T.S. Narayanswami.
Today we had very good sessoin.Actually it was the quikest way to increase our general awareness.In very short span of time we were able to learn lot of thing.
ReplyDeleteI would suggest few more session we should have on general awarness and business news.If we can incude some session on how economy of a country flow and how a company run there different departments (finance,marketing,HR, etc.) and common questions which can be asked in interviews.
Videocon Industries
ReplyDeleteType Private Conglomerate
Genre Conglomerate
Founded 1979
Founder(s) Nandlal Madhavlal Dhoot
Headquarters Aurangabad, Maharashtra, India
Area served Consumer Electronics
Home Appliances
Components
Office Automation
Internet
Petroleum
Power
Key people Venugopal Dhoot
Industry Consumer Durables, Oil and Gas etc.
Revenue ▲ U$2.5 billion
Net income ▲ U$276 million
Owner(s) Venugopal Dhoot
Website www.videocon.com
Videocon is an industrial conglomerate with interests all over the world and based in India. The group has 17 manufacturing sites in India and plants in China, Poland, Italy and Mexico. It is also the third largest picture tube manufacturer in the world.
The Videocon group has an annual turnover of US$ 4.1 billion, making it one of the largest consumer electronic and home appliance companies in India. Since 1998, it has expanded its operations globally, especially in the Middle East
Today the group operates through five key sectors:
1 Consumer electronics
In India the group sells consumer products like Colour Televisions, Washing Machines, Air Conditioners, Refrigerators, Microwave ovens and many other home appliances, selling them through a Multi-Brand strategy with the largest sales and service network in India
2 Mobile Phones
In November 2009 Videocon launched its new line of mobile phones in India.
3 Colour picture tube glass
Videocon is one of the largest CPT Glass manufacturers in the world, operating in Mexico, Italy, Poland and China..
4 Oil and Gas
An important asset for the group is its Ravva oil field with one of the lowest operating costs in the world producing 50,000 barrels of oil per day
5 DTH
In 2009, Videocon launched its DTH product, called 'd2h'. As a pioneering offer in the Indian DTH market, Videocon offered LCD TVs with built-in DTH satellite receiver with sizes 19" and 32".This concept in the DTH service is relatively new in the presence of othe players like ZEE tv's Dishtv, Tata Sky Airtel Digital Tv and Reliance's BIG TV providing only the set top box.
6 Telecommunication
Videocon has subsidiary named Datacom Solutions Pvt Ltd which has license for Mobile Service operations across India.It is expected to launch service in December 2009
Guys here is what I found out about Shikha Sharma
ReplyDeleteCEO Axis Bank..
Shikha Sharma serves as Company Secretary and Compliance Officer of Financial Eyes (India) Ltd. Mrs. Sharma has been Managing Director of Motilal Oswal Financial Services, Ltd. since September 2009. Mrs. Sharma has been Managing Director and Chief Executive Officer of AXIS Bank Limited since April 2009. She served as Managing Director and Chief Executive Officer of ICICI Prudential Life Insurance Company Ltd. at ICICI Bank Ltd. until April 2009. Mrs. Sharma was responsible for establishing ICICI Prudential Life Insurance Company Ltd. as India's leading private life insurer. She has more than 2 decades of experience in the financial sector having begun her career with ICICI Limited. In her years with the ICICI group, she has been instrumental in setting up various market leading businesses. In 1992, she was involved in setting up ICICI Securities - a joint venture between ICICI and JP Morgan. Mrs. Sharma started her career in ICICI in 1980 and is instrumental in setting up various group businesses for ICICI including investment banking and retail finance. She joined the ICICI Group in 1980 and worked in ICICI for 15 years. In 1995, Mrs. Sharma moved to ICICI Securities and was later deputed to J.P. Morgan & Co. She rejoined ICICI in 1997 as General Manager in charge of the strategic planning and development department and also set up the structured products group. She has been Additional Director of Axis Bank since June 2009. Mrs. Sharma served as a Non Executive and Non Independent Director of Firstsource Solutions Ltd. until May 26, 2009. She served as a Director of ICICI Prudential Life Insurance Company Ltd until April 2009. She served as Independent Director of ACC Ltd. from December 13, 2006 to May 2009. Mrs. Sharma holds BA (Hons.), MBA from IIM, Ahmedabad and Post Graduate Diploma holder in Software Technology from National Centre for Software Technology, Mumbai. Mrs. Sharma is a graduate from the University of Delhi and a post-graduate in Management from the Indian Institute of Management, Ahmedabad.
This comment has been removed by the author.
ReplyDeleteName :Shri Kamal Nath
ReplyDeleteConstituency from which :elected Chhindwara
State from which elected: Madhya Pradesh
Politica party name: Indian National Congress (INC)
Present Address 1, Tuglak Road,New Delhi - 110 011,Tels. (011) 23792233, 23792234 Fax: (011) 23793396
Permanent Address Vill. Shikarpur, P.O. Linga,Distt. Chhindwara - 480 001( Madhya Pradesh ),Tel. and Fax.(07162)242233
Political career
Kamal Nath was first elected to the 7th Lok Sabha in 1980. He was re-elected to the 8th Lok Sabha in 1985, the 9th Lok Sabha in 1989, and the 10th Lok Sabha in 1991.
He served as Union Minister of State for the Environment and Forests (Independent Charge) from 1991 to 1995, then as Union Minister of State for Textiles (Independent Charge) from 1995 to 1996. He was elected to the 12th Lok Sabha in 1998 and the 13th Lok Sabha in 1999. From 2001 to 2004, he was the General Secretary of the INC. He was re-elected to the 14th Lok Sabha in the 2004 elections and has served as Union Cabinet Minister of Commerce & Industry since May 23, 2004. On May 16, 2009 - he has again won the elections from his constituency for the 15th Lok Sabha and re entered the Cabinet, this time as Union Minster for Road Transport and Highways.[
Adhunik Group - The Adhunik Group is a renowned name in Iron & Steel and Ferro Alloys industry with over four decades of extensive as well as in-depth knowledge in manufacturing and marketing the finest quality of Iron and Steel products. The Group was founded by the late Mahadeo Prasad Agarwal, under whose stewardship the group grew from strength to strength. The group has manufacturing facilities located in Eastern India in the States of West Bengal, Orissa, Jharkhand and Meghalaya which are having major locational advantages in terms of availability of row material, power, skilled manpower and logistics.
ReplyDeleteWith on integrated business model from Iron are finished products, the group manufactures a chain of value added products for the Automobile ,Construction and Engineering Industry. The State of Art technology employed by the group and a continuous focus on Cast Optimization and Waste Management makes it one of the most competitive suppliers of high quality steel products to the utmost satisfaction of its discerning customers.
Adhunik Metaliks Ltd. Is the Flagship Company of “ADHUNIK GROUP” of industries and represents on integrated Steel Plant located at Rourkela, Orissa engaged in the production of value Added Steel, Alloy Steel and Stainless Steel products catering to the automobile, construction engineering and household industry. The State of Art technology plant includes DRI plant, Coal Washery, Blast Furnace, Electric Arc Furnace, Ladle Refining Furnace ,Continuous Casting facility ,Oxygen plant and a Captive Power plant.
The Company manufactures wide range of products in Carbon, Alloy, and Spring Steel confirming National & International standard / specifications. The Company strongly focuses on reduction of production cost and zero waste management practices to make it one of the lowest cost producers of best Quality steel internationally with commitment to deliver products & services to the entire satisfaction of our customers.
Mr. Rashesh Shah
ReplyDeleteChairman, CEO and Founder of Edelweiss. Mr.Rashesh Shah has previously worked for ICICI (now ICICI Bank, India’s largest private sector financial conglomerate) where he handled a World Bank aided program for export-oriented projects. He was subsequently with Prime Securities as Head of Research. Mr. Shah’s relentless focus is on organization building and human capital development. He has been featured in a variety of publications, including The Far Eastern Economic Review, Business India, Business World and The Economic Times. Mr. Shah earned an MBA from the Indian Institute of Management, Ahmedabad and a Bachelor’s degree in Science from the University of Bombay.
He was among the first in his family to study in an English-medium school at a time when his elder cousins and siblings were in Gujarati-medium ones.He didn’t just step into his father’s business — manufacturing and selling school exercise notebooks — as all good conservative Gujarati boys tend to. He went on to study higher and something very few hard-core Gujarati business families consider worthwhile.Then, he decided to marry Vidya, a Kannadiga girl of his choice, at a time when marrying even a Gujarati outside your own small community was frowned upon. And if all that wasn’t enough, Shah convinced his father to mortgage their Peddar Road house in the mid-1990s, to raise seed capital for his fledgling firm, Edelweiss, a step that’s brazen enough to give many a conservative Gujarati nothing less than a coronary attack.
Union Bank of India had started with a vision to turn into "the bank of first choice in our chosen area by building beneficial and lasting relationship with customers through a process of continuous improvement". Also referred to as UBI, because of which many confuse it with United Bank of India, the Union Bank of India has evolved into one of the largest state-owned banks in India. It is also included on the Forbes 2000 list.
ReplyDeleteThe Union Bank of India has its offices in the overseas destinations like United Arab Emirates, Abu Dhabi, Shanghai and Peoples Republic of China. Its branch can be found in Hong Kong also.
Background
In the year 1919, the Union Bank of India underwent a registration process as a limited company in Mumbai. Our Father of the nation 'Mahatma Gandhi' had done the inauguration of this bank. In 1947, UBI had 3 branches in Mumbai and 1 in Saurashtra. In1975, it was assigned the status of the national bank by the government. At that point of time, it was managing 240 branches across 28 states.
In its journey, UBI witnessed mergers with a private sector bank called Belgaum Bank and then Miraj State Bank. On the request of RBI, it acquired Sikkim Bank, which had 8 braches in the North-east at that time.
In the year 2007, Union Bank of India made its presence felt in the international arena by opening representative offices in the destinations of United Arab Emirates, Abu Dhabi, Shanghai and Peoples Republic of China. Besides, it chose Hong Kong as the destination to open its very first branch outside India.
RPG Group
ReplyDelete• The RPG Group is an industrial conglomerate based in Mumbai, India.
• RPG Enterprises, established in 1979, is one of India’s fastest growing business groups with a turnover touching Rs. 15,000 cr. The group has more than twenty companies in the areas of Power, Tyre,Transmission, IT, Retail, Entertainment, Carbon Black and Speciality.
• For RPG quality determines success.
• The RPG Management Board is the backbone of the conglomerate
• The history of RPG began in 1820 when Ramdutt Goenka, from a small town in Rajasthan, came to Calcutta to do business with the British East India Company. The following milestones speak of his enterprising efforts, and the subsequent growth of the RPG group.
• By the 1900s the Goenkas establish themselves in diverse business sectors like banking, textiles, jute and tea.
• Sir Hariram Goenka and Sir Badridas Goenka are conferred knighthood by the British for outstanding contribution to business and the community.
• In 1933, Sir Badridas Goenka becomes the first Indian to be appointed Chairman of the Imperial Bank of India (now the State Bank of India).
• He is elected President of the Federation of Indian Chambers of Commerce and Industry (FICCI) in 1945.
• Keshav Prasad Goenka (son of Sir Badridas Goenka) continues the successful trait of entrepreneurship.
• In 1950 Goenka’s acquire two British trading houses - Duncan Brothers and Octavius Steel.
• After successful acquisitions in the areas of tea, automobile, tyre, jute, cotton textile and electric cables, Keshav Prasad Goenka retires in the 70s. His business is taken over by his three sons.
• One of the sons, Rama Prasad Goenka (better known as RP Goenka), starts RPG Enterprises in 1979 with Phillips Carbon Black, Asian Cables, Agarpara Jute and Murphy India.
• The 80s see further acquisitions by the RPG group, the first being CEAT Tyres of India in 1981. The group then went on to acquire KEC (1982); Searle India, now RPG Life Sciences (1983); Dunlop (1984); HMV (1988); and finally CESC, Harrisons Malayalam, Spencer & Co. and ICIM in 1989.
• RP Goenka’s sons Harsh (Chairman) and Sanjeev (Vice-Chairman) spearhead the group’s management from 1990.
• Vision
The group is an aware and active part of the community, and supports various social initiatives. he group include: providing employment and education for the under privileged, promoting rural development, and nurturing a pollution free and eco-friendly environment.
The group is also actively involved in:
• supporting art and artists through the RPG Academy of Art and Music
• encouraging cricketing talent through the CEAT international and domestic cricket rating and awards
• promoting research on macro issues through the RPG Foundation
• RPG Organizational Excellence
RPG Organizational Excellence is an effort toward achieving excellence by enhancing performances through clarity of purpose, meticulous planning, tenacious execution and passion to excel.
• RPG Organizational Approach
RPG Organizational Approach translates the group’s organizational excellence strategy through an effective 3-point program:
• Six Sigma
• TPM
• Continuous Improvement
'A flash light on Automobile industry'.
ReplyDeleteWith developed markets almost saturated, world auto industry is now focused on developing markets of South America and Asia, and Eastern Europe with special emphasis on BRIC (Brazil, Russia,India, and China).
As per reports of International Organization of Motor Vehicle Manufacturers or OICA(the association of the companies involved in World auto Industry), for fiscal end in 2006, auto manufacturers in U.S. have been overtaken by those in Japan, in terms of total volume of auto units manufactured worldwide.
However, struggling General Motors of U.S. still remain worldwide leaders of world auto industry, ahead of rapidly growing Toyota Motor Corporation of Japan, by a substantial margin.
Measures to be adopted by global leaders of world auto industry
Several significant economic measures are being considered by major players of world auto industry in order to make a smooth entry into markets of developing countries, and to make a name for themselves. Effective measures include :
Reducing selling prices of cars manufactured in their factories
Improving levels of after-sales services to keep customers satisfied
Opening manufacturing factories in developing nations, to reduce effective costs of production as well as saving shipping charges, and enhancing prompt delivery of auto units.
How would India auto industry fare in 2009?
In 2009 estimated rate of growth of India auto industry is going to be 9 percent. Auto industry in India has been hit hard by ongoing global financial recession. Sales figures of India automobile industry for December 2008 have shown devastating after effects of global financial slowdown.
However, there is still hope for automobile industry of India in 2009 as there are certain factors working in its favor. India is blessed with a middle class, which is getting economically stronger with every passing day. This class is being touted as potential consumers for India auto industry in years to come.
Indian economy has been, more or less, able to withstand tremors of global financial meltdown. Even though its rate of growth has slowed down considerably, there are hopes of an economic revival. Work force of auto industry of India is relatively well trained. All these factors indicate that there could be a decent future for India auto industry in days to come.
India automobile market
India automobile market is likely to be in good shape in 2009. Much of this optimism results from renewed interest being shown in India auto industry by reputed overseas car makers. Nissan Motors, which is a well known Japanese car making company, regards India automobile market as a global car manufacturing hub for future.
Hyundai, a major automobile establishment of South Korea, has put in large sums of money in India automobile market. As per its estimates, India auto industry could become a major center for small car manufacturing organizations in future.
There are some other automobile companies of world who have shown interest in India auto market. Major names among these are General Motors, Skoda Auto and Mercedes-Benz. These companies have major plans lined up for India auto industry and are likely to invest a huge amount of money in India automobile market.
India domestic auto industry
India domestic auto industry has been passing through a tough phase in 2008 and such a trend is supposed to continue in 2009 as well. Leading members of India auto industry have forecast a difficult path in 2009. Shinzo Nakanishi, managing director of Maruti Suzuki, has said that 2009 would present them with a number of challenges. fitted greatly from China auto insurance policies. One example is Huatai Insurance Co, which generates 70 percent of its income from these policies.
Information Technology (IT) industry in India is one of the fastest growing industries. Indian IT industry has built up valuable brand equity for itself in the global markets. IT industry in India comprises of software industry and information technology enabled services (ITES), which also includes business process outsourcing (BPO) industry. India is considered as a pioneer in software development and a favorite destination for IT-enabled services.
ReplyDeleteThe origin of IT industry in India can be traced to 1974, when the mainframe manufacturer, Burroughs, asked its India sales agent, Tata Consultancy Services (TCS), to export programmers for installing system software for a U.S. client. The IT industry originated under unfavorable conditions. Local markets were absent and government policy toward private enterprise was hostile. The industry was begun by Bombay-based conglomerates which entered the business by supplying programmers to global IT firms located overseas.
During that time Indian economy was state-controlled and the state remained hostile to the software industry through the 1970s. Import tariffs were high (135% on hardware and 100% on software) and software was not considered an "industry", so that exporters were ineligible for bank finance. Government policy towards IT sector changed when Rajiv Gandhi became Prime Minister in 1984. His New Computer Policy (NCP-1984) consisted of a package of reduced import tariffs on hardware and software (reduced to 60%), recognition of software exports as a "delicensed industry", i.e., henceforth eligible for bank finance and freed from license-permit raj, permission for foreign firms to set up wholly-owned, export-dedicated units and a project to set up a chain of software parks that would offer infrastructure at below-market costs. These policies laid the foundation for the development of a world-class IT industry in India.
In the last few years Indian IT industry has seen tremendous growth. Destinations such as Bangalore, Hyderabad and Gurgaon have evolved into global IT hubs. Several IT parks have come up at Bangalore, Hyderabad, Chennai, Pune, Gurgaon etc. These parks offer Silicon Valley type infrastructure. In the light of all the factors that have added to the strength of Indian IT industry, it seems that Indian success story is all set to continue.
hey guys.. here is wat i found about Mr. Debu Bhattacharya - MD Hindalco Industries Limited.
ReplyDeleteMr. D Bhattacharya heads Aditya Birla Group's non ferrous metals business, and is the managing director of Hindalco Industries Limited,a fortune 500 company with revenues (consolidated) in excess of Rs.60,000 crore. With Hindalco acquiring Novelis,the world's largest aluminium rolling company in May,2007 Mr. Bhattacharya became the vice-chairman of Novelis Inc.
He is the chairman of Utkal Aluminia International Limited, a wholly owned copper subsidiary of Hindalco in Australia, which runs two copper mines - one in Nifty and the other one in Mt. Gordon.
Mr. Bhattacharya is the director of Aditya Birla Management Corporation Limited, Birla Management Centre Services Limited;Dahej Harbour and Infrastructure Limited (a wholly owned subsidiary of Hindalco), Minerals and Minerals Limited and Aditya Birla Power Company Limited.
Ms.Chanda D Kochhar is the Managing Director and Chief Executive officer of ICICI Bank Ltd.She began her carrer as a management trainee in1984 has thereon sucessfully risen through the rank by handling multinational assignment and heading all the majors in the bank at various point at time
ReplyDeleterohit tanwar sec-i
ABOUT AMBUJA CEMENT.....
ReplyDeleteAmbuja Cements was set up in 1986. In the last decade the company has grown tenfold. The total cement capacity of the company is 18.5 million tonnes.
Its plants are some of the most efficient in the world. With environment protection measures that are on par with the finest in the developed world.
The company's most distinctive attribute, however, is its approach to the business. Ambuja follows a unique homegrown philosophy of giving people the authority to set their own targets, and the freedom to achieve their goals. This simple vision has created an environment where there are no limits to excellence, no limits to efficiency. And has proved to be a powerful engine of growth for the company.
As a result, Ambuja is the most profitable cement company in India, and one of the lowest cost producer of cement in the world.
Ambuja Cements wins prestigious National Award for Environmental Excellence-----
Ambuja Cements Limited has won the 2008-09 award for Best Environmental Excellence in Plant Operations given by the National Council for Cement and Building Materials. The council has awarded this top honor to ACL’s Ambujanagar plant in Kodinar district, Gujarat. The award will be given away during the 11th NCB International Seminar being held at The Ashok Hotel in New Delhi from Nov. 17 to 20, 2009.
Issued Cap. : 1523306065(shares) as on 15-Jan-2010
Market Cap. : Rs. 16687.82(Cr) as on 15-Jan-2010
AMBUJA CEMENT FOUNDATION:--
The Ambuja Cement Foundation is the Corporate Social Responsibility wing of Ambuja Cements Ltd. that works with the rural communities surrounding Ambuja’s manufacturing sites. The Foundation is engaged in a variety of people-centric, integrated rural development projects.
SPECIAL PROJECTS OF ACF:-
1. Ambuja Manovikas Kendra
2. Krishi Vigyan Kendra
3. Skill and Entrepreneurship Dovelopment Institute.
Bajaj Hindusthan Ltd. (BHL), a part of the 'Bajaj Group', is India's Number One sugar and ethanol manufacturing company, headquartered at Mumbai (Maharashtra), India.
ReplyDeleteThe Company has ten sugar plants, which are all located in the northern Indian state of Uttar Pradesh (UP): Golagokarannath, Palia Kalan and Khambarkhera (district Lakhimpur Kheri), Barkhera (district Pilibhit), Kinauni (district Meerut), Gangnauli (district Saharanpur), Thanabhavan and Budhana (district Muzaffarnagar), Bilai (district Bijnore) and Maqsoodapur (district Shahjahanpur).These ten plants have an aggregate sugarcane crushing capacity of 96,000 tcd (tonnes crushed per day).
BHL's subsidiary, Bajaj Hindusthan Sugar and Industries Limited (BHSIL), has four sugar plants across Uttar Pradesh at Pratappur (district Deoria), Rudauli (district Basti), Kundarkhi (district Gonda) and Utraula (district Balrampur). BHSIL has a total crushing capacity of 40,000 tcd. The Bajaj Hindusthan Group as a whole, with fourteen manufacturing facilities, has an aggregate sugarcane crushing capacity of 136,000 tcd. The Group has a distillery capacity to produce 800,000 liters of Alcohol per day.
BHL is India’s largest ethanol producer. It is the pioneer of India’s fuel ethanol programme. BHL is currently producing 38 million litres of ethanol in a year. In anticipation of emerging market demand, the Company has increased its ethanol manufacturing capacity to nearly 218 million litres per year.
BHL generates 430 MW of power from the bagasse produced in its sugar mills. After meeting its own energy needs, BHL has a surplus of over 90 MW. The Company has already begun to supply a significant part of this surplus power to the UP state grid. BHL has now embarked upon the expansion of its power generation capacity by 400 MW through the setting up of new coal based power plants of 80 MW each in the vicinity of 5 of its existing sugar units. These new projects are expected to be completed within a period of twenty months at an aggregate project cost of around Rs. 1,600 crore.
BHL’s wholly owned subsidiary, Bajaj Eco-tec Products Limited (BEPL), produces environment-friendly Medium Density Fibre Boards (MDF) and Particle Boards (PB), both from its bagasse waste. Both MDF and PB are invaluable substitutes for wood in construction and furnishing. The manufacturing of MDF and PB has been a trail-blazing venture in India. It will protect and preserve India’s forests from commercial exploitation by the construction and furniture industries. A 50,000 cubic metre MDF plant saves one lakh mature trees from being cut down in a year.
BEPL is among the very few units in the world to manufacture MDF and PB that is completely wood-free. Its three Units, put together, turns out 210,000 cubic metres of MDF and Particle Boards in a year. This will prevent the felling of an estimated 420,000 fully matured trees annually.
BHL recorded a net profit of Rs.1,546 million and annual turnover of Rs. 17,807 million for the year October 1, 2008 - September 30, 2009
The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers).The group's flagship company, Bajaj Auto, is ranked as the world's fourth largest two- and three- wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America, Africa, Middle East, South and South East Asia. Founded in 1926, at the height of India's movement for independence from the British, the group has an illustrious history.. Jamnalal Bajaj, founder of the group, was a close confidant and disciple of Mahatma Gandhi. His son, Kamalnayan Bajaj, then 27, took over the reigns of business in 1942. Kamalnayan Bajaj not only consolidated the group, but also diversified into various manufacturing activities.The present Chairman of the group, Rahul Bajaj, took charge of the business in 1965. Under his leadership, the turnover of the Bajaj Auto the flagship company has gone up from Rs.72 million to Rs.46.16 billion.Since 1986, there is a technical tie-up of Bajaj Auto Ltd. with Kawasaki Heavy Industries of Japan to manufacture state-of-art range of latest two-wheelers in India. he strength of the company is its quality products, excellence in engineering and design, and its ability to delight the customers. Market Share of Bajaj Auto is 1726.50
ReplyDeleteINDIA TO SEE SOLID ECONOMY RECOVERY IN 2010:-ADB
ReplyDeleteThe Asian Development Bank on Friday said India is poised for a strong recovery this year and urged policymakers to address rising inflation and widening fiscal deficit to insulate itself against future shocks.
Noting that India has quickly regained growth momentum, the bank said the country has emerged from the global financial crisis relatively unscathed, mainly on account of stimulus measures, past reforms, robust domestic consumption and banks’ limited exposure to the global financial system.
“India’s economy is poised for a solid recovery in 2010 as the global financial crisis fades, but policymakers need to address inflation and the widening fiscal deficit to buffer it against the impact of future global shocks,” ADB said.
The conclusions are part of the study ‘Impact and Policy Responses — India’, commissioned by the bank.
India’s GDP grew 7.9 per cent in the 2009 third quarter.
However, the report said positive economic developments were offset by signs of increasing inflation and a worsening trade deficit in the latter part of 2009.
“India was fortunate the crisis was not protracted, which would have tested the government’s ability to continue fiscal stimulus measures for a long period, and potentially compromised its efforts to boost the economy.
Moving forward, India will have to try and improve its fiscal position through more disciplined fiscal management,” the study noted.
The visit of bangladesh prime minister Shiekh Hasina Wazed to india this week may prove the beginning of a new phase of relationsh,between the two countries that could be the first step toward combating international terrorism in this region and additionally bring about mark improvement in the trade & economics environment of bangladesh.The slew of agreement concluded between the two countries includes a significant concession of providing road & rail from bangladesh to nepal as well as to bhutan via india carrying the potential of facilitaing bangladesh economics integration with other countries
ReplyDeletein this region which may also boost its trade with even other distant countries
Thirty-seven of the 130 Padma awardees announced Tuesday are from the field of art. These include theatre personalities Ebrahim Alkazi and Zohra Segal, who have got the second highest civil honour the Padma Vibhushan, as well as Bollywood star Aamir Khan and music maestro A.R. Rahman who have got the Padma Bhushan.
ReplyDeleteThe second category, the Padma Bhushan awards, have gone to 14 people — Bollywood icon Aamir Khan; composers Ilaiyaraja, Rahman and Shrinivas Vinayak Khale; artists Akbar Padamsee and Ram Kumar; dancers Kumundini Lakhia and Malika Sarabhai; vocalist Chhannulal Mishra and musicians Madhusudan Amilal Dhaky, Kuzhur Narayana Marar, Puttaraj Gavai, Sultan Khan, Nookala Chinna Satyanarayana.
The Padma Shri awards have been given to 20 people, including Oscar winner Resul Pokutty and actors Rekha and Saif Ali Khan. The other awardees are Arjun Prajapati, Arundhati Nag, Carmel Berkson, Ustad Wasifuddin Dagar, Gul Bardhan, Haobam Ongbi Ngangbi Devi, Hari Uppal, K. Raghavan, Guru Mayadhar Raut, Mukund Lath, Nemai Ghosh, Pandit Raghunath Panigrahi, Rajkumar Achouba Singh, Ram Dayal Munda, Shobha Raju, Sumitra Guha and Pandit Ulhas Kashalkar.
Dear sir
ReplyDeleteToday's quiz contest was excellent,we have knew many things,so i would like to suggest,in every 1 month or half months,if u ll arrange quiz for interested students,they can benefited from it.