Education Breakthrough
Thirteen Indian companies are among the 200 best companies outside the US with revenues of less than $1 billion, according to a rating done by Forbes. The top 200, the magazine says, were selected from among 20,000 companies worldwide. The Indian companies that make the grade are Asian Paints, Britannia Industries, Dr Reddy Labs (DRL), HDFC Bank, ICICI Bank, Indo Gulf, Infosys Technologies, Mastek, Polaris Software, Rolta India, Satyam Computer, Visualsoft and Zee Telefilms.IT major Infosys Technologies, petrochemicals giant Reliance Industries and two-wheeler company Hero Honda Motors have been ranked as the top three companies in India for 'overall leadership' in the Far Eastern Economic Review's annual company survey. Infosys Technologies took the top honours in three of the individually ranked leadership categories for 'high quality services/products,' 'management with a long-term vision' and 'a company that others try to emulate.' Reliance Industries, for the fourth year running, ranked No. 2 in the survey for 'overall leadership'. Reliance was also ranked No.2 in 'long-term vision,' 'financial soundness' and 'companies that others try to emulate.'
Recent years have catapulted some InfoTech companies to the top. Traditionally the Tatas and the Birlas have been the most respected corporates of India. However, the rise of Reliance and InfoTech companies like Wipro and Infosys, has left them far behind.
The Tatas
The Tata Group of companies include some of the most outstanding companies of India, like TCS, Tata Steel, Tata Motors, Tata Teleservices, Titan, Tata Tea, Tata TD Asset Management, Trent, Tata Steel, Tata Motors, Indian Hotels, Tata Tea and Tata Technologies. Altogether it has 80 companies in seven sectors. Materials, chemicals, energy, and engineering products are product-driven; engineering services, automotive, communications and IT, services and consumer goods brand-driven.
Tata Sons
It is a successor to the first trading company founded by Jamsetji Tata, Tata Sons Ltd. That promoted and managed all key Tata Group companies until 1970. Adhering to the trusteeship concept of management, about 66 per cent of the company's capital is held by philanthropic trusts endowed by Jamsetji's sons, Sir Dorab Tata and Sir Ratan Tata, and other charitable trusts. These trusts have sponsored and promoted a number of public institutions in the fields of science, technology, medicine, social service, rural welfare and the performing arts.
Tata Sons Ltd. is the principal investment holding company of the Tata Group and has the following operating divisions:
The Tata Sons Ltd. Board is made up of the chairmen or CEOs of major operating Tata Group companies, and the elected chairman of the Board of Tata Sons Ltd. is recognised as the Group Chairman. The company is based in Mumbai.
Tata Industries
Established in 1945, Tata Industries Ltd. was the managing agency for the Tata Group until 1970. In 1983, following the preparation of a long-term strategic plan, Tata Industries pioneered the entry of the Tata Group into several new sectors that were expected to have a significant impact on India's economy in the future. Since then, Tata Industries has functioned as the catalyst for the introduction of new businesses within the Tata Group, especially in areas of high technology and future economic potential.
Tata Industries Ltd. has promoted projects in the fields of finance, telecommunications, oil field service, process control, management systems and information technology. It has two divisions that operate as independent profit centres, Tata Strategic Management Group and Tata Interactive Systems. Tata Industries Ltd. is based in Mumbai.
The Aditya Birla Group
The Aditya Birla Group is one of India's largest business houses. It owns companies like Hindalco, Grasim and Indian Rayon. The Group's operations span 40 companies over 18 countries, which include - Thailand, Malaysia, Indonesia, Egypt, Canada, Australia and China. Its revenues are in excess of US$ 6 billion and it has a market capitalization of US$ 5 billion. The Group has 72,000 committed employees and over 700,000 shareholders.
The Aditya Birla Group is a dominant player in all its areas of operations:
Aluminum, Copper, Cement, Viscose Staple Fibre, Carbon Black, Viscose Filament Yarn, Fertilizers, Insulators, Sponge Iron, Chemicals, Branded Apparels, gas, palm oil, Insurance and Asset Management, Software and Telecom.
The Group has strategic joint ventures with global majors such as Sun Life (Canada), AT&T (USA), the Tata Group and NGK Insulators (Japan), and has ventured into the BPO sector with the acquisition of TransWorks, a leading ITES/BPO company. The Aditya Birla Group too believes in the trusteeship concept of management. Part of the Group's profits is ploughed back into meaningful welfare-driven initiatives that make a qualitative difference to the lives of marginalized people. These activities are carried out under the aegis of the Aditya Birla Centre for Community Initiatives and Rural Development, which is spearheaded by Mrs. Rajashree Birla.
Reliance - India's largest business house
The Reliance Group founded by Dhirubhai H. Ambani (1932-2002) is India's largest business house with total revenues of Rs 80,000 crore (US$ 16.8 billion), cash profit of over Rs 9,800 crore (US$ 2.1 billion), net profit of over Rs 4,700 crore (US$ 990 million) and exports of Rs 11,900 crore (US$ 2.5 billion). Anil Ambani and Mukesh Ambani now run the Company.
Founded as a textile mill in 1966, Reliance continued to be a textile company until early 1980s. However, seizing the opportunities emanating from the growing Indian economy as well as the opening up of the regulation-driven sectors of the economy such as petrochemicals, plastics etc., Reliance pursued the policy of backward integration from textiles as well as diversification from the early 1980s onwards to set up world-scale facilities for manufacturing polyester and textile intermediates, plastics and polymer intermediates, detergent intermediates etc.
The group's activities span exploration and production (E&P) of oil and gas, refining and marketing, petrochemicals (polyester, polymers, and intermediates), textiles, financial services and insurance, power, telecom and infocom initiatives.
Thirteen Indian companies are among the 200 best companies outside the US with revenues of less than $1 billion, according to a rating done by Forbes. The top 200, the magazine says, were selected from among 20,000 companies worldwide. The Indian companies that make the grade are Asian Paints, Britannia Industries, Dr Reddy Labs (DRL), HDFC Bank, ICICI Bank, Indo Gulf, Infosys Technologies, Mastek, Polaris Software, Rolta India, Satyam Computer, Visualsoft and Zee Telefilms.IT major Infosys Technologies, petrochemicals giant Reliance Industries and two-wheeler company Hero Honda Motors have been ranked as the top three companies in India for 'overall leadership' in the Far Eastern Economic Review's annual company survey. Infosys Technologies took the top honours in three of the individually ranked leadership categories for 'high quality services/products,' 'management with a long-term vision' and 'a company that others try to emulate.' Reliance Industries, for the fourth year running, ranked No. 2 in the survey for 'overall leadership'. Reliance was also ranked No.2 in 'long-term vision,' 'financial soundness' and 'companies that others try to emulate.'
The Tatas
The Tata Group of companies include some of the most outstanding companies of India, like TCS, Tata Steel, Tata Motors, Tata Teleservices, Titan, Tata Tea, Tata TD Asset Management, Trent, Tata Steel, Tata Motors, Indian Hotels, Tata Tea and Tata Technologies. Altogether it has 80 companies in seven sectors. Materials, chemicals, energy, and engineering products are product-driven; engineering services, automotive, communications and IT, services and consumer goods brand-driven.
Tata Sons
It is a successor to the first trading company founded by Jamsetji Tata, Tata Sons Ltd. That promoted and managed all key Tata Group companies until 1970. Adhering to the trusteeship concept of management, about 66 per cent of the company's capital is held by philanthropic trusts endowed by Jamsetji's sons, Sir Dorab Tata and Sir Ratan Tata, and other charitable trusts. These trusts have sponsored and promoted a number of public institutions in the fields of science, technology, medicine, social service, rural welfare and the performing arts.
Tata Sons Ltd. is the principal investment holding company of the Tata Group and has the following operating divisions:
- Tata Consultancy Services
- Tata Economic Consultancy Services
- Tata Financial Services
- Tata Quality Management Services
The Tata Sons Ltd. Board is made up of the chairmen or CEOs of major operating Tata Group companies, and the elected chairman of the Board of Tata Sons Ltd. is recognised as the Group Chairman. The company is based in Mumbai.
Tata Industries
Established in 1945, Tata Industries Ltd. was the managing agency for the Tata Group until 1970. In 1983, following the preparation of a long-term strategic plan, Tata Industries pioneered the entry of the Tata Group into several new sectors that were expected to have a significant impact on India's economy in the future. Since then, Tata Industries has functioned as the catalyst for the introduction of new businesses within the Tata Group, especially in areas of high technology and future economic potential.
Tata Industries Ltd. has promoted projects in the fields of finance, telecommunications, oil field service, process control, management systems and information technology. It has two divisions that operate as independent profit centres, Tata Strategic Management Group and Tata Interactive Systems. Tata Industries Ltd. is based in Mumbai.
The Aditya Birla Group
The Aditya Birla Group is one of India's largest business houses. It owns companies like Hindalco, Grasim and Indian Rayon. The Group's operations span 40 companies over 18 countries, which include - Thailand, Malaysia, Indonesia, Egypt, Canada, Australia and China. Its revenues are in excess of US$ 6 billion and it has a market capitalization of US$ 5 billion. The Group has 72,000 committed employees and over 700,000 shareholders.
The Aditya Birla Group is a dominant player in all its areas of operations:
Aluminum, Copper, Cement, Viscose Staple Fibre, Carbon Black, Viscose Filament Yarn, Fertilizers, Insulators, Sponge Iron, Chemicals, Branded Apparels, gas, palm oil, Insurance and Asset Management, Software and Telecom.
The Group has strategic joint ventures with global majors such as Sun Life (Canada), AT&T (USA), the Tata Group and NGK Insulators (Japan), and has ventured into the BPO sector with the acquisition of TransWorks, a leading ITES/BPO company. The Aditya Birla Group too believes in the trusteeship concept of management. Part of the Group's profits is ploughed back into meaningful welfare-driven initiatives that make a qualitative difference to the lives of marginalized people. These activities are carried out under the aegis of the Aditya Birla Centre for Community Initiatives and Rural Development, which is spearheaded by Mrs. Rajashree Birla.
Reliance - India's largest business house
The Reliance Group founded by Dhirubhai H. Ambani (1932-2002) is India's largest business house with total revenues of Rs 80,000 crore (US$ 16.8 billion), cash profit of over Rs 9,800 crore (US$ 2.1 billion), net profit of over Rs 4,700 crore (US$ 990 million) and exports of Rs 11,900 crore (US$ 2.5 billion). Anil Ambani and Mukesh Ambani now run the Company.
Founded as a textile mill in 1966, Reliance continued to be a textile company until early 1980s. However, seizing the opportunities emanating from the growing Indian economy as well as the opening up of the regulation-driven sectors of the economy such as petrochemicals, plastics etc., Reliance pursued the policy of backward integration from textiles as well as diversification from the early 1980s onwards to set up world-scale facilities for manufacturing polyester and textile intermediates, plastics and polymer intermediates, detergent intermediates etc.
The group's activities span exploration and production (E&P) of oil and gas, refining and marketing, petrochemicals (polyester, polymers, and intermediates), textiles, financial services and insurance, power, telecom and infocom initiatives.
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