... --------------------------------------------------- Submitted To Latha Ramesh Assistant Professor-Finance Christ University Institute of Management | Introduction Grasim Industries Limited, a flagship company of the Aditya Birla Group, ranks among India's largest private sector companies, with a consolidated net revenue of Rs.216 billion and consolidated net profit Rs.22.8 billion (FY 2011). Starting as a textiles manufacturer in 1948, today Grasim's businesses comprise viscose staple fibre (VSF), cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90 per cent of its revenues and operating profits. The market capitalization is INR 92 Crores. The Aditya Birla Group is the world’s largest producer of VSF, commanding a 21 per cent global market share. Grasim, with an aggregate capacity of 333,975 tpa has a global market share of 10 per cent. It is also the second largest producer of caustic soda (which is used in the production of VSF) in India. In...
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... Class name Date Aditya Birla Group: Global Vision – Indian Values Aditya Birla Group (ABG) was a US28$ billion worth corporation back in 2008. With the number of over 100,000 employees, business operations were spread all over the world including the wide variety of product and service companies. The product portfolio comprised Aluminum, Copper, Fertilizers, Textiles and Cement, Insulators, Viscose Filament Yarn, Carbon Black, Insurance, Telecommunications and Business Process Outsourcing. Over the years, the ABG approached the methods of strategic alliances and acquiring big producers, adding to the value chain of the business, from metal to downstream products. By entering an international joint venture with NGK Corporation of Japan, the company was expected to open up to global markets and provide access to the latest in product and manufacturing technology. The idea was to exit from that area of business where they couldn’t compete due to a lack of competencies and business strengths. Kumar Mangalam Birla (Chairman of the Group) introduced several organizational and management changes that focus on learning centers, young managers and organizational health surveys. Along with the Aditya Birla Sun awards, this approach resulted in healthy competition among the companies. The growth strategy in this case study is mainly based on the...
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...I want to explain you about Aditya Birla Group, the third largest Indian Multi-National organization. It is head quartered in Mumbai, India. The group consists of 136,000 employees belonging to 42 different nationalities with gross revenue of approximately US $40 billion in the year 2012. This group operates in 36 countries including India. The values of this group were designed to serve its stakeholders. Their mission is to deliver superior value to their customers, shareholders, employees and the society. The terminal values of this group are integrity, commitment, passion, seamlessness and speed. These were mainly concentrated on developing service to their stakeholders, especially the customers. Coming to the instrumental values, they have different rules and conducts for different companies organized by them but all of them were mainly concentrated on providing a pleasant work environment for their employees, which they believe motivates their employees and makes them give their maximum efforts in work. They provide all the facilities to their employees which they want in innovation. The Aditya Birla Group’s CSR- Corporate Social Responsibility has a Centre for Community Initiatives and Rural Development through which they adopted the rural areas around its industries and developing them in all the fields. With regard to their service in development of rural areas, Government of India sharing some funds to them from the Human Development sector of 5 year Plan. All these...
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...The Aditya Birla Group is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, India. It operates in 33 countries with more than 136,000 employees worldwide. Following are the various businesses under this group: 1. Cement (largest in India) 2. Telecom (third largest in India) 3. Branded apparel 4. Financial services 5. BPO and IT services 6. Others like viscose staple fiber, metals, viscose filament yarn, chemicals, fertilizers, insulators It is the third largest Indian private sector conglomerate behind Tata Group with revenue of just over USD 100 Billion and RIL with revenue of USD 74 Billion. For the BCG analysis we have focused on few of the SBU’s of Aditya Birla group. Based on the market share of the BSU in its sector and on the total market growth we have divided those selected BSU’s under various heads – Star, Question mark, Cash Cows, Dogs. Following are the focused BSU’s for the assignment: Birla Sunlife Insurance: Birla Sun Life Insurance Company Limited (BSLI) is a joint venture between the Aditya Birla Group and Sun Life Financial Inc, leading international financial services organization from Canada. The AUM of BSLI stood at 21062crore as on March 31, 2012, while the company has a robust capital base of Rs. 2450crore. Birla Sunlife market share in India is 2.46%. The biggest competitor in Life insurance market is LIC with 63.47%. Idea Cellular Limited: Idea Cellular is a telecommunication sector company dealing in cellular services...
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...TOPic: DECISION SUPPORT SYSTEMS: AN OVERVIEW AND ITS ROLE IN BUSINESS Introduction A decision support system (DSS) is a computer-based information system that supports business or organizational decision-making activities. DSSs serve the management, operations, and planning levels of an organization and help to make decisions, which may be rapidly changing and not easily specified in advance. Typical information that a decision support application might gather and present are: * Inventories of information assets (including legacy and relational data sources, cubes, data warehouses, and data marts), * Comparative sales figures between one period and the next, * Projected revenue figures based on product sales assumptions. Making decisions concerning complex systems (e.g., the management of organizational operations, industrial processes, or investment portfolios; the command and control of military units; or the control of nuclear power plants) often strains our cognitive capabilities. Even though individual interactions among a system's variables may be well understood, predicting how the system will react to an external manipulation such as a policy decision is often difficult. What will be, for example, the effect of introducing the third shift on a factory floor? One might expect that this will increase the plant's output by roughly 50 percent. Factors such as additional wages, machine weardown, maintenance breaks, raw material usage, supply logistics, and...
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...CHAPTER 1 GENERAL INTRODUCTION INTRODUCTION OF THE STUDY Retailing in India is receiving global recognition and attention and this emerging market is witnessing a significant change in its growth and investment pattern. It is not just the global players like Wal-Mart, Tesco and Metro group are eying to capture a pie of this market but also the domestic corporate behemoths like Reliance, K K Modi , Aditya Birla group, and Bharti group too are at some stage of retail development. Reliance, announced that it will invest $3.4 billion to become the country's largest modern retailer by establishing a chain of 1,575 stores by March 2007. The last couple of years have been rosy for real estate developers and the retailers are finding suitable retail space in prominent locations. The industry is buoyant about growth and the early starters are in expansion mood. There is increased sophistication in the shopping pattern of consumers, which has resulted in big retail chains coming up in most metros; mini metros and towns being the next target. Consumer taste and preferences are changing leading to radical alteration in lifestyles and spending patterns which in turn is giving rise to new business opportunities. Companies need to be dynamic and proactive while responding to the ever-changing trends in consumer lifestyle and behavior. Retailing consists of the sale of goods or merchandise from a fixed location, such as a department store, or by post, in small or individual lots for...
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...project on Motivation in an organisation. The Project submitted is true to the best of our knowledge. Signatures Riddhimaan Nandgaonkar (07B431) Pravin Nadar (07B402) Akshay Jain (07B418) Rishabh Dwivedi (07B410) Chirag Mehta (07B464) Brian Ridley (07B440) Ravindra Thakur (07B452) Certificate I Hereby certify the project done by : ________________________________ from Vidyalankar School of Information Technology on the topic of Human Resource Planning and the information submitted is true to best of my knowledge. _____________ (Project Guide) Table of Contents Introduction 1 Motivation 4 Application in business 8 About Aditya Birla Group 11 Motivation in Aditya Birla group 14...
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...4,8 million €. It is the amount of money that Maurice Lévy, CEO of Publicis Groupe (3rd communication group in the world), received as part of his annual compensation in 2012 . Only a part, as stock options and other bonuses were, of course, not considered in the calculation of this impressive salary. This is just an example of one of the top compensated CEOs today in France. Are this high wages justified? This debate causes many reactions, especially in a period of difficult economic and social context in developed countries. Whereas important CEOs are able to ask themselves where to spend their next holidays, most workers remain concerned by being able to pay their bills at the end of the month. This inequality leads us to reflection. In my opinion, this inequality is proportionally unjustified. Showing the huge gap between CEOs’ and workers’ average wage wouldn’t be enough to prove the irrelevancy in today’s top executives’ salary calculation. This is why I will introduce various concepts and go more deeply in the analysis of my point of view. We should consider one of the principles usually used to justify CEOs’ compensation: the desert view. This concept emphasizes the fact that top executives deserve the money they make considering their competences, efforts and high responsibilities. It would be extremely hard to prove that a CEO sits at his position without having valuable business competences and experiences, especially as he is chosen by a board of administrators...
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...Arcelor Mittal in India : A Partnership Model for Corporate Responsibility Date – April 13, 2014 To: Ritesh Sinha From: xyz Subject: Future course of action for Paryavaran Mitra, and Arcelor Mittal’s role in the project. With reference to your request for a report on the possible course of action concerning Paryavaran Mitra, I have attached an analysis of the current situation along with the possible courses of action. I have also recommended a decision with an action plan to implement the same. Keeping in mind the objectives of Paryavaran Mitra, company’s relationship with partners and the brand image of the company, I recommend that Paryavaran Mitra’s timeline should be extended by another two years, in order to carry out impact assessment and make alterations if required. EXECUTIVE SUMMARY: With three months away from completion of the project, and the impact of the program still looming at large, the company has to take a decision regarding the future course of action for Paryavaran Mitra and its role in the project. It is important for ArcelorMittal to maintain the brand image of the company and also maintain a good relationship with its partners. It can either choose to close the project as per the scheduled date and reallocated the remaining budget, or to extend the timeline of the project by another two years to carry out impact assessment and make alterations to the project if required. However, by extending the project, ArcelorMittal can evaluate...
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...Aditya Birla Chemicals (India) Limited [pic] Caustic Soda Lye |Physical Properties | |Appearance |Colourless viscous liquid. | |Boiling point |142- 148oC | |Fusion Point |12- 15 oC | |Specific Gravity |1.52 at 20°C | |Physical state |Lye | |Solubility in water |Complete | |pH |14 | |Odour |Odour less | |Others |Soluble in alcohol, methanol, and glycerol | |Chemical Identity ...
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...start in Orissa and Tamil Nadu-the first steps in providing pan India services covering over 90% of India's telephony potential. A frontrunner in introducing revolutionary tariff plans, IDEA Cellular has the distinction of offering the most customer friendly and competitive Pre Paid offerings, for the first time in India in an increasingly segmented market. Customer Service and Innovation are the drivers of this Cellular Brand. A brand known for many firsts, Idea was the first to launch GPRS and EDGE in the country. Idea has received international recognition for its path-breaking innovations when it won the GSM Association Award for "Best Billing and Customer Care Solution" for 2 consecutive years. IDEA Cellular is part of the Aditya Birla Group, India's first truly multinational corporation. The group operates in 25 countries, and is anchored by over 1,25,000 employees belonging to 25 nationalities. The Group has been adjudged 'The Best Employer in India and among the Top 20 in Asia' by the Hewitt-Economic Times and Wall Street Journal Study 2007. Our Service Areas 11 The Indian telecommunications market for mobile services is divided into 22 "Service Areas" classified into "Metro", Category "A", Category "B" and Category "C" service areas by the Government of India. These classifications are based principally on a Service Area's revenue generating potential Our operational 13 Service Areas are broken up into Established and New Service...
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...real-estate is such a hot commodity, forget not at this juncture that India’s infrastructure development happened along side growth in IT sector. Many CSR policies are now initiating energy efficient building design and operation for employee’s well-being, environmental harmony over the moral obligation to pay back the mother earth by adopting sustainable practices. The benefits of such measures include cost savings, increased productivity, employee attraction and retention as well as earned media. CSR is not a new concept in India but with current day context they have taken a new centre stage in sharing & shaping country’s contribution to adopt & mitigate climate change. Ever since their inception, corporates like the Tata Group, the Aditya Birla Group, Bharati Airtel, IOCL etc. have been involved in serving the community & safe guarding nature. Today, almost every large corporation in the Indian market place is engaged in some form of environmental & sustainable programs although this is not well documented. CSR role in India is relatively high with over eighty percent corporate administering some kind of...
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...Overview of real estate industry The real estate industry is one of the fastest growing industries in our economy, with a Compound Annual Growth Rate of approximately 30%..A US$ 16 billion industry at present, it is expected to touch US$ 60 billion in the next five years. The sustainability of growth in the real estate industry has its roots in strong demand fundamentals: a. Rapid expansion of the IT/ ITES and business outsourcing industry b. Rising demand in the residential sector, encouraged by rapidly increasing income levels; c. Acceptance of shopping malls as “one stop destinations” for consumers; and d. Growing popularity of Special Economics Zones as preferred destinations for both manufacturing and service industries. Ansal api Ansal Properties and Infrastructure Limited (APIL), promoted by the Delhi based Ansal Group, is one of the prominent real estate developers in Northern India. The Group, headed by brothers Sushil and Deepak Ansal, is engaged in developing integrated townships, IT cities and commercial and residential complexes. Ansal Group has been a major player in the real state sector in the country since 1967. It is now regarded as one of the top most real state group in the country. Sobha Developers Ltd. (SDL) formerly Sobha Developers Private Limited It is an Indian multinational real estate developer headquartered in Bangalore, India and engaged in the business of construction, development, sale, management and operation of all or any...
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...Tutorial 8 – Chapter 7 Global Alliances Tutorial activity 1: Ongoing Semester Case Study – Businessville Hotel. Beijing Businessville Hotel is proving to be extremely successful. It has just been announced that a major world trade expo is to be held in Ho Chi Minh City. Around the World Hotels is interested in providing accommodation for some of the expected thousands of delegates. However, there is no time to build a new hotel. Around the World are considering approaching an existing hotel group to form an alliance. • What issues need to be considered when establishing an alliance in this case? Choosing the right form of governance. The benefits of cooperation versus the dangers of new competition. Managing the reputation. Staffing needs. • What form would you suggest the alliance take? Non-equity strategic alliance. Because this is a short term event and this is the easiest form of strategic alliance to form in such a short time. The company could work with another hotel group to forge a similar deal as airline code-sharing. This would allow Around the World Hotels guests to potentially book through their website, and receive the same premium guest experience in the hotels in Vietnam. The reputation of Around the World Hotels could be used to attract more guests to the hotel in Vietnam. • Outline the major challenges for Around the World Hotels in establishing the type of alliance you recommend. How would you suggest they overcome them? Ensuring a good...
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...Lifestyle. A part of the Aditya Birla Group, it has in the past decade made a significant shift to establish itself as a premier fashion and lifestyle company. Today, Madura Fashion & Lifestyle is one of the fastest-growing branded apparel companies in India. Each of its brands is an undisputed leader in its segment. The company is considered a benchmark by competition and a Mecca of learning by industry. Madura Fashion & Lifestyle has pioneered various concepts new to the Indian apparel industry. It has effectively managed a multi-brand, multi-product, and multi-channel environment, and all its brands have evolved significantly in terms of both branding and retailing. The company’s biggest strength lies in its people. In the words of Mr Kumar Mangalam Birla, Chairman, Aditya Birla Group: “For sustainable success, their (people’s) performance orientation and customer focus is imperative. In my view, organisations grow only where people grow.” A rigorous selection process enables Madura Fashion & Lifestyle to hire the best people available. The Management Trainee scheme helps employees sharpen their latent skills by taking them through a systematic process of learning and development, thus enabling them to deliver their best. A career at Madura Fashion & Lifestyle is a logical sequence of personal and professional development, leading employees to achieve their career goals. Madura Fashion & Lifestyle, a division of Aditya Birla Nuvo Ltd, is one of...
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