...Companies in India Author: Administrator Saved From: http://www.knowledgebase-script.com/demo/article-994.html The insurance sector in India has undergone a number of phases since its inception in 1818. The insurance sector gained real momentum in the last decade when the Indian government allowed private insurance companies to furnish insurance products. Moreover, India welcomed foreign direct investment up to 26% in the insurance sector and since then it has been booming, capturing every opportunity for growth. Top 10 Insurance Companies in India Here is the list of top 10 insurance companies in India. 1. Life Insurance Corporation of India (LIC) Selling Point: India's largest Insurance Company With estimated assets of Rs. 8 trillion (approximately $170 billion) and 2048 branches spread across India, LIC is not only the largest but the most popular life insurance company in India. Government-owned LIC still remains on the top even in the phase where there are many new players entering in the ring with customized insurance products. LIC has gained the consumer trust and credibility over the time that is essential to sustain in the insurance business. 2. Tata AIG Life Insurance Company Limited Selling Point: Insurance provider with the most reliable brand names Tata AIG offers a variety of insurance plans. The company has plans for everyone from children to students to corporate executives to senior citizens and it is the first private sector insurer in India to introduce...
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...| Valuation of Companies in the Hospital Industry in India | | | September, 2015 | Group 9 – Section B | | Group Members * Abhijnan Dasgupta (14P181) * Aditya Thangeda (14P183) * Apurba Mukherjee (14P189) * Nikhil Sharma (14P210) * Supreet S (14P232) | Table of Contents 1 Overview of Hospital Industry in India 2 1.1 Introduction 2 1.2 Market Size 2 1.3 Growth drivers for healthcare industry 3 1.3.1 Rising GDP Per Capita 3 1.3.2 Favourable Demographics 4 1.3.3 Disease profile 4 1.3.4 Rising Health Insurance in India 4 1.3.5 Rising Medical Tourism 5 1.3.6 Favorable government policies 5 2 Valuation of Companies 6 2.1 Apollo Hospital 6 2.1.1 Key Stock Statistics and Shareholding Pattern 6 2.1.2 Financials of the Company 6 2.1.3 Assumptions for Valuation 8 2.1.4 WACC Calculation 8 2.1.5 EBIT Calculation 10 2.1.6 Projected Cash Flows 10 2.1.7 Conclusion 11 2.1.8 Limitations 11 Overview of Hospital Industry in India Introduction Healthcare has become one of India's largest sectors - both in terms of revenue andemployment. The industry comprises hospitals, medical devices, clinical trials,outsourcing, telemedicine, medical tourism, health insurance and medicalequipment. The Indian healthcare delivery system is categorised into two major components -public and private. * Public Healthcare System: The Government, i.e. public healthcare system comprises limited secondary and tertiary care institutions in key cities...
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...Executive summary The life insurance industry in India is achieving a growth rate of about 4% annually. It is considered to be one of the fastest growing sectors. The changing socioeconomic demographics and consumer behavior along with increased frequency of natural calamities and disasters have been the main reasons for the growth of this Industry. Its assets as on 31.03.08 were valued at $185 billion with a total of 250 million policies sold and an employee turnover of 113000 and about 1.2 million agents. There are currently 22 life insurance companies with LIC being the only public company having a market share of almost 50%. ICICI comes in second with 10% followed by HDFC at 6%, SBI at 5%, Bajaj at 4%, Reliance at 4%, Birla at 4%, Max 3%, Tata 3%, Kotak 2%, Met 1% and the rest taking up 10% of the market share. As of 2006 FDI norms the foreign participation of Indian insurance companies is restricted to 26%. All the life insurance companies of India have to comply with the strict regulation laid out by the ‘IRDA’ which is the insurance regulatory board in India set up in 2000. The majority of the population in India is yet to be tapped leaving a huge growth potential for this industry. The insurance industry in India is both service based as well as product based. Risk management and product development are the main highlights of R&D in this industry. The life insurance industry is re shapping the retail distribution channel. The life insurers engage with prospects...
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...comprising the two iconic British brands Jaguar and Land Rover, which Tata bought in 2008. In the same year Tata Motors launched the Tata Nano, the cheapest car in the world. When Tata Motors, the automaker from the $68 billion Tata Group of India, announced the launch of a people’s car in 2003, the idea had everything in it to make the Indian middle-class dream of owning their first car come true. Nano looked to be the perfect platform to reap the fortune at the Base-of-thePyramid (a term which denotes the poorest socio-economic group, or the 4 billion people on earth who live on less than US$2.50 per day), and more importantly, showcase to the world how frugal innovations in the developing world could create affordable cars with a price tag of $2,500. While India's population is more than one billion people, only around one million passenger cars were sold in the country in 2007. By contrast, more than seven million motorcycles and scooters were sold. Mr. Tata said the tiny car is aimed at keeping the families of India's growing middle class from having to travel with as many as four people on a scooter. "It will provide Indian families with a safe form of transport”. The rising affluence among the target audience, the middle class of India and thriving rural residents, seemed to hold enormous potential. The Indian economy was booming, with rising salaries in the services sector in general and the IT sector in particular. Even government employees got pay hikes, thanks...
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...Introduction Over the last 50 years India has achieved a lot in terms of health improvement. But still India is way behind many fast developing countries such as China, Vietnam and Sri Lanka in health indicators (Satia et al 1999). In case of government funded health care system, the quality and access of services has always remained major concern. A very rapidly growing private health market has developed in India. This private sector bridges most of the gaps between what government offers and what people need. However, with proliferation of various health care technologies and general price rise, the cost of care has also become very expensive and unaffordable to large segment of population. The government and people have started exploring various health financing options to manage problems arising out of growing set of complexities of private sector growth, increasing cost of care and changing epidemiological pattern of diseases. The new economic policy and liberalization process followed by the Government of India since 1991 paved the way for privatization of insurance sector in the country. Health insurance, which remained highly underdeveloped and a less significant segment of the product portfolios of the nationalized insurance companies in India, is now poised for a fundamental change in its approach and management. The Insurance Regulatory and Development Authority (IRDA) Bill, recently passed in the Indian Parliament, is important beginning of changes having significant...
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...of over $200.1 billion dollars. Besides At&t, other telecom sectors fighting for ranks include Verizon established in 1983, Vodafone, also considered as among the top 3 companies listed in the London Stock Exchange, America Movil (based in Mexico), Telefonica, Telstra, NTT group, Deutshe Telekom and finally Softbank which is a Japanese Network. In India, the telecom sector operates a little differently. None of the Indian operators make it to the list of the top 10 telecom companies even in market share, despite operating in the second most populous country in the world. However, Vodafone that operates in India makes it to the list at number four. The following are the Key players in the telecom sector in India: AIRTEL | VODAFONE | RELIANCE COMMUNICATIONS | IDEA CELLULAR | TATA TELESERVICES | AIRCEL | UNINOR | MTS | MTNL | LOOP MOBILEFormerly BPL | Airtel Bharti Airtel or simply Airtel is India’s largest telecom company, headquartered in New Delhi, India. In the year 1986, Sunil Mittal incorportated Bharthi Telecom Limited and his company became the first in India to offer Push – button telephones. 20 years down the road, Airtel started operations outside India. In 2010, Airtel acquired Zain Telecom, a Kuwait based operator. It also acquired Telecom Seychelles in 2010. Airtel invested US$10 million in its fixed and mobile telecoms network in Seychelles. Airtel currently has a presence in 20 countries such as Bangladesh,...
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...HOSPITAL AN ASSIGNMENT ON CORPORATE STRATEGY SUBMITTED BY--- GROUP 2. G-02 SUDEEP SHAURYA SHORABH BHATTACAHRJEE GAGANDEEP SINGH VINAY KUMAR BHARDWAJ VIJAYVARGIA RAJOJYOTI BANIK SUBMITTED TO --- Prf. RAJESH VERMA 12/8/2009 Industry analysis of Apollo hospital Health care Industry in India In India, the Healthcare system is split into a public sector, a private sector and a wide network of informal healthcare providers operating together in a large and unregulated network. This irregularity has caused wide disparities in access, especially in regional and rural distribution of healthcare infrastructure. Currently, the Indian healthcare sector is valued at Rs.1, 360 (US $34) billion roughly 6 per cent of GDP. The healthcare business is projected to grow to over Rs.1, 600 (US $40) billion or 8.5 per cent of GDP by 2012, according to Price Waterhouse Coopers (PwC) report, 'Healthcare in India: Emerging market report 2007'. The Hospital Industry Some Facts • India‟s healthcare industry is currently worth Rs 73,000 crore which is roughly 4 percent of the GDP. The industry is expected to grow at the rate of 13 percent for the next six years which amounts to an addition of Rs 9,000 crores each year. • • • • • The national average of proportion of households in the middle and higher middle income group has The population to bed ratio in India is 1 bed per 1000, in relation to the WHO norm of 1 bed per 300. In India, there exists space for 75000 to 100000 hospital beds. Private...
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...A SURVEY ON VIRTUALIZATION DATA CENTERS FOR GREEN CLOUD 1Research Scholar, Department of Computer Science, NGM College, Pollachi, India, 2Associate Professor, Department of Computer Science, NGM College, Pollachi, India, Abstract —Due to trends like Cloud Computing and Green cloud Computing, virtualization technologies are gaining increasing importance. Cloud is a novel model for computing resources, which aims to computing infrastructure to the network in order to reduce costs of hardware and software resources. Nowadays, power is one of big issue of data centers has huge impacts on society. Researchers are seeking to find solutions to make data centers reduce power consumption. These IDC (Internet Data Center) consume vast amounts...
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...that the British curiosity and interest in Indian cultures increased phenomenally after the East India Company came to acquire a territorial hold on Bengal from the late 1750s onwards. Their paramountcy over India’s millions depended upon their thorough understanding of the cultures of the sub-continent which required a mastery in its languages.[i] The small circle of dedicated and assiduous students of India’s languages included Sir William Jones, the eminent jurist and polymath who resided in India between 1783 and 1794.[ii] After studying Sanskrit for just under three years he observed, in 1786, that Sanskrit, Greek and Latin and Old Persian had all descended from an original speech. His observation has proved correct; and, since his time, most learned philological opinion has accepted that, in terms of language classifications, the common source of these tongues was what is now called proto-Indo-European. Its geographical focus was presumed to be the area around the Caspian Sea. It is also generally accepted that the eastern branch of the Indo-European family of languages is known as the Indo-Iranian whose first speakers called themselves Aryans. Whether the Aryans, speaking some variety of Indo-European languages, invaded or migrated into Iran and India from their original trans-Caspian homeland or had actually originated in India and moved outwards to Iran and lands further west is a subject of continuing controversy.[iii] The purpose of this...
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...Hospitals II Medical insurance III. Medical software IV. Health equipments Health care service is the combination of tangible and intangible aspect with the intangible aspect dominating the intangible aspect. In fact it can be said to be completely intangible, in that, the services (consultancy) offered by the doctor are completely intangible. The tangible things could include the bed, the décor, etc. Efforts made by hospitals to tangiblize the service offering would be discussed in details in the unique characteristics part of the report. Different types of health care services available in India Hospitals Pathology Clinics Blood Banks Meditation Centres Emergency services like Ambulances, etc. Online Medical Services Telemedicine Naturopathy Yoga Centres Fitness Centres Laughter Clubs Health Spas In the Constitution of India, health is a state subject. Central govt’s intervention to assist the state govt is needed in the areas of control and eradication of major communicable & non- communicable diseases, policy formulation, international health, medical & para-medical education along with regulatory measures, drug control and prevention of food...
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...Here is a look at India Inc's top 100 most powerful CEOs for the year 2012. Rank Name Company 1 Ratan Tata Tata Sons 2 Mukesh D Ambani Reliance Industries 3 Kumar Mangalam Birla The Aditya Birla Group 4 Azim H Premji Wipro 5 Chanda Kochhar ICICI Bank 6 Deepak Parekh HDFC 7 A M Naik Larsen & Toubro 8 Anand G Mahindra Mahindra Group 9 Adi Godrej Godrej Group 10 KV Kamath Infosys & Non Executive Chairman, ICICI 11 Anil D Ambani Reliance Group 12 N Chandrasekaran Tata Consultancy Services 13 Gautam S Adani Adani Group 14 Shashi Ruia Essar Group 15 Cyrus Mistry Tata Sons 16 Sunil Bharti Mittal Bharti Enterprises 17 Naveen Jindal Jindal Steel & Power 18 Nitin Paranjpe Hindustan Unilever 19 Shiv Nadar HCL 20 Venu Srinivasan Sundaram Clayton, TVS Motor Company Rank Name Company 21 SP Hinduja Hinduja Group 22 Sajjan Jindal JSW Steel 23 Anil Agarwal Vedanta Resources 24 KP Singh DLF Group 25 Rajiv Bajaj Bajaj Auto 26 YC Deveshwar ITC 27 HM Nerurkar Tata Steel 28 S D Shibulal Infosys 29 Kiran Mazumdar Shaw, Biocon 30 Dr. K Anji Reddy Dr. Reddy's Laboratories 31 Sanjay Lalbhai Arvind 32 Nusli Wadia Wadia Group 33 Subhash Chandra Zee Group 34 Aditya Puri HDFC Bank 35 Pawan Munjal Hero Moto Corp 36 Pratip Chaudhuri State Bank of India 37 Prathap C. Reddy Apollo Hospitals Group 38 Ajay Piramal Piramal Group 39 Kalanidhi Maran Sun Group 40 G M Rao GMR Group Rank Name Company 41 N Srinivasan India Cements 42 Kishore Biyani Future Group 43 Vijay Mallya UB Group 44 TS Vijayan LIC...
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...PERSONAL ACCIDENT AND HEALTH INSURANCE OF Course Name: Principles of Insurance Course Code: F-210 Submitted to: Samia Sultana Tani Assistant Professor, Department of Finance, Faculty of Business Studies, University of Dhaka. Submitted by: Group No: Section :B B.B.A 17th Batch Department of Finance University of Dhaka. Date of Submission: 27 November, 2012. A Combined Effort of Sl No. | Name | ID-No. | Remarks | 01 | Rakibul Islam | 17-052 | | 02 | Ivy Akhter | 17-046 | | 03 | Mousumi Saha | 17-154 | | 04 | Morium Sultana Moni | 17-104 | | 05 | Nipul Hosen | 17-058 | | 06 | ShantaDev | 17-086 | | 07 | ShamsunNaher | 17-112 | | 08 | Emaj Sultana | 17-062 | | 09 | FatemaTujJuhura | 17-156 | | 10 | SadiaSharminUrmi | 17-192 | | Letter of Transmittal 27 November, 2012 Samia Sultana Tani Assistant Professor Department of Finance Faculty of Business Studies University of Dhaka Subject: Submission of the Report. Dear Madam, It gives us immense pleasure to submit the report on “personal accident and health insurance of pragati insurance limited” This report is submitted as the requirement to fulfill the course “Principles of insurance”. The experience that we gathered through this research was very interesting, joyful and valuable one. This is an ideal ground for...
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...KRISHNA MAHIDA | M.PHARM (PHARMACEUTICAL MANAGEMENT & REGULATORY AFFAIRS) K.B.I.P.E.R | ROLL NO. 118 | CASE STUDY: ALL IS FAIR IN “FAIR AND HANDSOME” ABSTRACT: The fairness cream market is flourishing in India, a country that represents a unique amalgamation of social, religious, and cultural stigmas and stereotypes. Uptill now fairness creams were targeted only for women, but now 20th century “MEN” too are very conscious about their looks. To satisfy their needs, Kolkata based Emami launched world’s first men’s fairness cream “FAIR AND HANDSOME” in 2005.The goal of this paper is to take a closer look at the issues related to men fairness cream by analysing how the evolution of “Fair and Handsome”took place,its positioning in the market and its sustainance against global competitors. EVOLUTION OF THE BRAND: WHAT WAS THE NEED TO LAUNCH FAIR AND HANDSOME? Are men concerned about their complexion ? Do men worry about skin fairness ? If asked few decades back the answer would be a big 'no' as fairness creams and cosmetics were the personal properties of female race. But today alarming statistics reveal that cosmetics and fairness creams are equally sought after by men too. As fashion trends and lifestyles change, the attitudes and conceptions about human beauty. The Indian cosmetics industry was quick to latch on to the phenomenon. Surveys carried out by cosmetics companies suggested that a large number of Indian...
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...the conclusion that the potential buyer can be seen as part of the lower income class of the population (Indian middle class). The buyer of a Tata Nano will additionally generate in interest for those who search for more safety for example while transporting family members from a place to an other. Looking at this concern a consumer is a person not having a similar opportunity for same transportation. This can result from the absence of a car or the use of a scooter or bike (public transportation in some region can be seen as dangerous too). The customer could likewise have the need for a more convenient alternative to travel (for example during rainy or cold weather conditions). Company As core competence of Tata Motors Ltd. (Tata Group)(former TELCO) the good worldwide experience of manufacturing cars must be taken into account. TML (short: Tata Motors Ltd.) has already acquired international Brands such as Lad Rover and some more . The purchased knowledge and the manufacturing facilities will help to improve and maintain the quality and realization opportunities for TML and lead to more advanced organizations management ( The idea to let entrepreneurial engineers manufacture the Nano as Kit Car and sell it...
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... Submitted by Vinay Aggarwal 08609086 MBA (2008-2010) Company Guide Faculty Guide Mr. Subimal K. Sarmah Ms. Dimple Grover Asst. General Manager (Marketing Dept.) Jaypee Business School Jindal Steel & Power Limited Jaypee Business School (A constituent of Jaypee Institute of Information Technology University) (A-10, Sector 62, Noida (UP) India-201307) July 2009 Self Certification by the Intern I hereby certify that I, Vinay Aggarwal have successfully completed my internship with “Jindal Steel & Power Limited” from the month of 3 June 2009 to 27 July 2009. This is also to certify that this report is an original product...
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