The firm earned Rs.1.06 over
a sale of Re.1 (with net sales of Rs.166 million and profits of Rs.176 million for FY06). Tata Investment Corporation Limited (TICL), clinched the third position with a return of 96 paise for every rupee sold. For 2005-06, the company had sales of Rs.1,708 million and profits of Rs.1,631 million. The structure of TICL is much similar to that of JM Financial. TICL, together with Tata Sons Ltd, is a promoter of Tata Mutual Fund. TICL is also a principal shareholder of Tata Securities – a company engaged in the distribution of mutual funds and other investment related securities.Other companies in the top 10 list include names like United Breweries (Holdings), Reliance Capital, India Infoline, Gateway-Distriparks & Jaiprakash Hydro-Power Ltd.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
a sale of Re.1 (with net sales of Rs.166 million and profits of Rs.176 million for FY06). Tata Investment Corporation Limited (TICL), clinched the third position with a return of 96 paise for every rupee sold. For 2005-06, the company had sales of Rs.1,708 million and profits of Rs.1,631 million. The structure of TICL is much similar to that of JM Financial. TICL, together with Tata Sons Ltd, is a promoter of Tata Mutual Fund. TICL is also a principal shareholder of Tata Securities – a company engaged in the distribution of mutual funds and other investment related securities.Other companies in the top 10 list include names like United Breweries (Holdings), Reliance Capital, India Infoline, Gateway-Distriparks & Jaiprakash Hydro-Power Ltd.For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
and 5,590 ATMs across the country; and for starters, to be the most profitable bank in the B&E Power 100 ranking, perhaps required not too much of effort! The change actually started in the mid ‘90s, when SBI forced itself through a professional makeover process with; the obsession was so much that SBI even appointed McKinsey & Co. to observe their century-old processes and recommend the necessary changes to facilitate faster decision making. Not necessarily to the credit of the much criticised McKinsey, SBI’s transformation has been truly tremendous.
when Jennifer Aniston sported T-shirts with Mahatma Gandhi’s messages written on them, why did it make so much news? Was it because of Aniston or Gandhi? Maybe they made a saleable combo! On the fifth anniversary of 9/11, while the world was busy debating the future of terrorism, India celebrated Gandhi’s first call of non-violence in Johannesburg against white colonial rule. Its relevance in today’s violent world managed to sneak into the global news agenda. As India tries hard to establish its identity in the global fashion circuit, Khadi is popular as Gandhi’s style statement.