Aditya brila retail: more- general view The Group’s foray into the retail sector began in December 2006 when it acquired Trinethra‚ the chain of stores based in south India. May 2007 saw Aditya Birla Retail Limited (ABRL) launch their own brand of stores called ’More.’ ABRL’s vision is "to consistently provide the Indian consumer complete and differentiated shopping experiences and be amongst India’s top retailers while delivering superior returns to all stakeholders" Currently‚ there are over
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CONTENTS • What is Insurance • Purpose and its needs • History of Insurance • Fundamental Principles of Insurance. What is Insurance..??? Insurance is a system of providing financial protection against loss of or damage to an asset. In this system‚ a number of people who are exposed to similar kind of risk‚ agree to pay certain sums of money ( called premiums) to create a common pool of funds. This pool generates a compensation
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Telenor (First 3 ‘S’ Example) I did only the first 3 ‘S’ for Telenor analysis. They were strategy‚ structure and system. “Telenor Group is the incumbent telecommunications company in Norway‚ with headquarters located at Fornebu‚ close to Oslo. Telenor Group is mostly an international wireless carrier with operations in Scandinavia‚ Eastern Europe and Asia‚ working predominantly under the Telenor brand. It is ranked as the sixth largest mobile phone operator in the world‚ with more than 172 million
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chase it. It was set up on the terrace of the M. P. Birla High School in Kolkata‚ where we had used a sliding roof type of observatory. Mr. Piyush Pandey‚ Assistant
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IDEA Cellular:- IDEA Cellular is a publicly listed company‚ having listed on BSE & NSE in March 2007. It is the 3rd largest mobile services operator in India with wireless revenue market share at 15 % in Q1 FY 2013‚ and subscriber base of over 117 million. Idea has consistently stayed ahead of the industry in VLR reporting‚ and has the 3rd highest base of active subscribers. Idea is a pan-India integrated GSM operator and has its own NLD and ILD operations‚ and ISP license. With traffic in
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B M BIRLA Braj Mohan Birla‚ popularly known as B M Birla was the youngest of four sons of Baldev Das Birla. As an industrialist‚ he championed private enterprise‚ free competition & encouragement to private foreign investment. Although‚ his advocacy of capitalism was based not on its benefits to the capitalist but on the ground that it would benefit the masses. He admired USA for being a great economic and political power and believed that similar policies would elicit India’s emergence as
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Going Globally Competitive: Aditya Birla Group Way It was mid-2005‚ exactly a decade after Kumar Mangalam Birla took over as Chairman of the Aditya Birla Group‚ that the Business Today‚ a leading business magazine of India noted‚ “At 38‚ Kumar Mangalam Birla has already done more than what most others get to do in a lifetime. He’s transformed a hidebound conglomerate into a modern commodities giant that’s globally competitive. Today‚ it racks up Rs 33‚000 crore in revenues and boasts of a market
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loved companies The Aditya Birla group has won the Economic Times “Corporate citizen award” 2011-2012‚ “Corporate citizen of the year award” bestowed by public relations council of India and have won many such awards for their CSR activities. Prominent companies and Industry Hindalco Industries Ltd- Aluminium‚ Smelting‚ Sheet rolling‚ Aerospace Alloys UltraTech Cement Ltd- Cement Grasim- Textile Industries Essel Mining Industries Ltd- Mining‚ Wind power Aditya Birla Nuvo Unit- Insulators Idea
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Birla Sun Life Insurance Company Ltd. is a joint venture company between Aditya Birla Group and Sun Life Financial Inc. of Canada. It was established in the year 2000 and started operations after receiving the license from IRDA in January 2001. Aditya Birla holds 74% stake of the joint venture and Sun Life holds the remaining 26% of the stake. Aditya Birla Group has its operations in 25 different countries in the world with interests in Cement‚ Metal‚ Fertilizers‚ etc. On the other hand‚ Sun Life
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McKinsey 7S Model This model was developed in the 1980’s by Robert Waterman‚ Tom Peters and Julien Philips whilst working for McKinsey and originally presented in their article " Structure is not Organisation". To quote them: "Intellectually all managers and consultants know that much more goes on in the process of organizing than the charts‚ boxes‚ dotted lines‚ position descriptions‚ and matrices can possibly depict. But all too often we behave as though we didn’t know it - if we want change
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