DABUR INDIA LIMITED ANNUAL REPOR T w w w. d a b u r. c o m Report on Corporate Governance Directors’ Report 06 Auditors’ Report 13 Financial Statements 17 Consolidated Financial Statements 18 Statements as per US GAAP 25 31 CHAIRMAN’S MESSAGE Dear Shareholders‚ BOARD OF DIRECTORS Mr V C Burman Dr Anand Burman Mr Pradip Burman Mr Amit Burman Mr P D Narang Mr Sunil Duggal HH Maharaja Gaj Singh Mr R C Bhargava Mr P N Vijay Mr Stuart Edward Purdy Dr S Narayan Chairman Vice Chairman Director
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influencing third world countries through globalization and neoliberalism. These economic movements are liberalizing economies through free markets‚ privatization‚ and deregulation. Each of these three pillars are positively affecting the economies directly‚ but are negatively affecting the social aspects of a country. A country undergoing these major changes is India. This culturally affluent nation is now also becoming a prosperous country. The problem is that India is beginning to lose its culture identity
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IMPACT OF GLOBALIZATION ON INDIAN MARKETS The impact of globalization on India is in 2 ways‚ positive and negative. Globalization includes the Indian economy and business firms of the country. The positive impact on the economy of India is very good‚ it has increased the standard of living for people. This is because the consumers are getting better quality products and the manufacturers and firms have better facilities and doing better research which leads to good quality products. In India
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Globalization in China and India Globalization refers to “worldwide interconnectedness‚ evidenced in global movements of natural resources‚ human labor‚ finance capital‚ information‚ infectious diseases‚ and trade goods” (Haviland‚ Prins‚ Walrath & McBride‚ 2008‚ p.19). Along with the movements of these products and peoples comes the traveling of ideas and beliefs also. The world seems to have become smaller due to the technological innovations in communication‚ travel‚ and availability of
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Indian economy had experienced major policy changes in early 1990s. The new economic reform‚ popularly known as‚ Liberalization‚ Privatization and Globalization (LPG model) aimed at making the Indian economy as fastest growing economy and globally competitive. The series of reforms undertaken with respect to industrial sector‚ trade as well as financial sector aimed at making the economy more efficient. This period of economic transition has had a tremendous impact on the overall economic development
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Question 1: Analyze the reasons that impelled Dabur to refine its Ayurvedic image to that of a herbal FMCG company? Answer: Dabur India Limited started as a medicine manufacturer in 1884 by Dr S K Burman in West Bengal. It was started as a proprietary firm for the manufacture of Ayurvedic drugs. Daburinitially used to send medicines to villages in Bengal by mail.The company marketed an allopathic drug‚ Plagin‚ to combat the then prevalent epidemic of plague. In 1896‚ Dr. Burman set up a small
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Impact of stress on employee work profile By Harshini Sandadi Enrollment no-A30601912032 1. Introduction to study: Human resource is a set of individuals who make up workforce of an organization‚ business or an economy Stress is a universal element experienced by employees around the globe. Stress has become major problem for employer particularly in developing nations where the employer doesn’t realize the impact of stress on employee performance. 2. The problem statement: * Depression
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Issues in Biological Conservation‚ India Case Study The public image that India has acquired throughout history is rapidly changing. This all began in the 1990s when economic independence was achieved. Industrialism has caused India’s economy to grow at very fast pace. As a result‚ urbanization has sharply increased as well. This and many other changes have impacted both the people and the natural environment of India. The natural environment of India is extremely diverse. Landscapes include
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GE Case India 3) In the post 1990 time period in India‚ the economy seen a sharp increase in sales thanks to privatization and deregulation. Private market factors can deliver many goods or services efficiently than the government due to free market competition. Over time this will lead to lower prices‚ improved quality more choices‚ less corruption‚ and quicker delivery. Deregulation lowered barriers to entry in industries. When more firms entered an industry‚ competition increased
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This version: 16 January 2006 This version: 16 January 2006 ACCELERATED INTERNATIONALIZATION BY EMERGING MULTINATIONALS: THE CASE OF WHITE GOODS ACCELERATED INTERNATIONALIZATION BY EMERGING MULTINATIONALS: THE CASE OF WHITE GOODS Andrea Goldstein OECD Development Centre 2‚ rue André Pascal 75775 Paris Cedex 16 France Tel. 33 1 4524 8946 Email andrea.goldstein@oecd.org Federico Bonaglia OECD Development Centre 2‚ rue André Pascal 75775 Paris Cedex 16 France Tel. 33 1 4524 9603 Email federico
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