The BizBlog

Gyan Flavours do come with a trust seal

July 3, 2009 – 2:41 pm
Gyan Flavors is an Indian manufacturer of aromatic chemicals, natural essential oils and related edibles like Oleoresin, Psyillium Husk, spices, food colors, and dried fruit powder. The firm, situated at East Goluk Pur (New Delhi) serves needs of national and international customers across 30 countries. It produces output as per pharmacopeia’s norms and GMP specifications. The firm has an experience of over 20 years in the food industry. It has accommodated correction columns, sophisticated instrumentation and automatic material flow with least manual handling requirements. This has optimized manufacturing processes, besides bringing consistency in the production. An all-encompassing research and development section to check application of quality standards and bring in upgradation at various levels is an important asset of the company.  The fully computerized environment herein, with pilot distillation columns and chromatograph is managed with avant-garde methods.  Be it natural aromatic chemicals, tarpenes or essential oils, consistent attempts are made to ...

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Mohan Clothing, The expansion

June 30, 2009 – 3:29 pm
There are outlets of Mohan Clothing in major 50 cities of India, which include New Delhi, Mumbai, Kolkatta, Bangalore, Chennai, Chandigarh and Pune. As mentioned in our previous post, the company has around 900 outlets in all. However, this figure doesn’t really gratify the company. It further aims to tap around 100 outlets and self own them by the year 2010. For this around 30 crores of money is expected to be invested. Mr Krishnendu Kundu, Deputy General Manager of retail operations at Blackberrys commented on the compan’s growth, saying the annual growth rate is around 35%. We can thank this growth rate to the sedulous pursuit of the company to make profits, making quality commitment and creativity the foundation. Truly, the company wants to grow on similar lines in the future. A major expansion plan of Blackberrys is in progress which aims to bring about substantial horizontal and vertical growth. ...

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Mohan clothing, the upsurging trends

June 26, 2009 – 11:56 am
Mohan Clothing Co. Pvt Ltd, a stellar Indian manufacturer of ready-made men and women apparels, was established in the year 1980. The domicile of the company is located at the core of Udyog Vihar’s industrial estate in Gurgaon. The company’s adequacy can be assessed from the 900 outlets spread across 200 cities of Asia. A potential number is selling products under the name of Blackberrys, the flagship brand of Mohan Clothing Co. Pvt. Ltd. With the heightening graph of profits, Mohans established Blackberrys in Sept 1991. In Sept 2005, Ramco Systems, an international provider of adaptive enterprise solutions publicly announced an order-win from Mohan Clothing Company Pvt. Ltd.,alias Blackberrys. The latter implemented the discrete production suite of Ramco Systems in various areas like sales, finance, discrete production, human resources, inventory, quality control and purchases. The much necessitated technological-impetus to save the company from cut throat competition was thus acquired.  This step guided ...

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Zenith Computers a Brand Name in IT World

June 18, 2009 – 3:42 pm
On the onset of this post, let me bring forth the agenda - Zenith Computers.  Zenith Computers Ltd. is a renowned company. The reasons for its fame are both quantitative and qualitative. To start with the quantitative ones, I would like to bring to the notice of my readers that Zenith serves over a million clients worldwide, has around 500 world stores and 1000 global dealers! If the figures don't really satiate, let me come to the quality part. Zenith has many awards and recognitions in its hat like the Digit award for best performance of the year,  Government of Maharashtra IT award, FCCI 80th annual award for corporate excellence,AVAYA most customer responsive company award in the IT hardware category, and sundry more.. The company's innovative edge is really striking. After all launching laptops, touchscreens, networking, Wordstar, DBase 2, Supercalc, Pentium laptops etc. for the first time in India must not have been ...

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Where Have All The Jobs Gone

June 10, 2009 – 12:31 pm
Tier II B-schools are going through a tough time this placement season. B-school graduates, till recently, enjoyed an enviable status — the cream of the management team every company hired, the degree every parent wanted their child to have, job offers graduates from other stream of professions aspired for and of course, the salaries and bonuses one could only dream of. A look at this year’s placement season could perhaps change this perception of B-school graduates. The year-on-year hike in average salaries came crashing down to modest pay checks with average profiles in good old PSUs. Forget the seven figure salaries and a wide variety of jobs to choose from, a majority of B-school students these days are content just being placed. Last year, the placement session at most of the second rung B-Schools lasted for about 10 days. However, this year some B-schools such as International Management Institute, New Delhi; ...

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IT Services: Go Local

June 8, 2009 – 2:19 pm
Perceived till recently as low-budget and low-margin, the domestic market now means big business to Indian IT majors. Wipro, the low-profile Bangalore-based FMCG and software services company, in May bagged a Rs 2,200-crore, nine-year contract with Unitech Wireless. To begin with, it will integrate the operations of the company with the use of enterprise resource planning and host all its data centres. Subsequently, it will also operate and maintain the information technology network of the newly-formed mobile services company. There were several players in the race for the order but Wipro bid aggressively to breast the tape. Earlier in the year, Wipro had signed a Rs 3,000-crore contract with Aircel and got a Rs 1,182-crore e-governance order from the Employees’ State Insurance Corporation. Not to be left behind, Tata Consultancy Services, the country’s largest information technology company, recently signed a Rs 1,200-crore deal with the government to migrate passport services to ...

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Cisco to invest $2 billion in Modi’s GIFT

June 4, 2009 – 3:19 pm
Coming out of the shadows after almost a year, the contours of Gujarat Chief Minister Narendra Modi’s ambitious Rs 73,000-crore Gujarat International Finance Tec-City (GIFT) project have started emerging in a big way. The state government has roped-in American networking and technology giant Cisco Systems as one of its strategic partners. The American giant is likely to invest over $2 billion in the project,” a top government official of GIFT said. Cisco is also expected to pick up some stake in the project. However, the details are still being worked and it will take about three-four months to finalise the deal, the official added. Cisco will bring together a portfolio of products, services, partners, platforms, solutions and make appropriate investment. A joint task force will be constituted to work out the legal, technical and financial aspects of the co-operation, sources said. While Cisco will acquire space in the project to set up ...

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Bankruptcy to have short-term impact on Indian IT vendors

June 2, 2009 – 4:27 pm
Indian IT majors like Tata Consultancy Services (TCS), Wipro and Satyam Computer Services — which have running multi-million dollar deals with General Motors (GM) which is filing for bankruptcy — are likely to face a short-term impact since any loss of business in these slowing economic conditions is a setback. For Wipro, GM is a $60-70 million (around Rs 290-335 crore) account annually, while for TCS and Satyam it would be less than $50 million (around Rs 240 crore). These indian IT vendors also provide services to Chrysler, whose sale was cleared by the US courts today. Chrysler and GM each annually outsource $200-300 million (around Rs 990-1,480 crore) worth of projects to different vendors. These projects could take a hit of 20-25 per cent going ahead, say analysts. For Wipro, India’s third largest IT services provider, GM is among its top five clients. The Bangalore-based firm has signed a $300 million ...

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Realtors plan lock-in clauses to weed out speculators

May 29, 2009 – 1:59 pm
Stung by recent experiences, many real estate companies such as Tata Housing, Omaxe, DLF and others are planning to impose lock-in periods of up to one year for their mass housing projects. A lock-in clause means buyers cannot sell their properties within a certain period after booking the property or have to pay a penalty if they do so. Realtors are doing these because investors or speculators often leveraged volume discounts on property purchases to re-sell them at prices lower than those available to individual buyers. This created problems for realtors when demand slowed, since it put pressure on them to take a hit on margins and lower prices still further. In the boom years of 2006 and 2007, 30 to 50 per cent of such projects were sold on bulk discounts, especially in the national capital region. Now, companies such as Tata Housing will not issue no-objection certificates to property buyers for the ...

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Bharti Wal-Mart Delays Opening India Store

May 27, 2009 – 11:41 am
Bharti Wal-Mart Pvt. Ltd., a retail joint venture between India's Bharti Enterprises Ltd. and U.S.-based Wal-Mart Stores Inc., said Monday it has delayed the launch of its first wholesale retail store in the northern Indian city of Amritsar due to violence there. "Due to the suspension of commercial activity in Amritsar, the Bharti Wal-Mart store opening has been delayed. We will open the store as soon as it (commercial activity) resumes," a Bharti Wal-Mart spokesman said. The company didn't provide a new launch date. Violence erupted in Amritsar late Sunday and other places in Punjab state following clashes between two Sikh groups at a place of worship in Vienna that left one dead and many injured. Punjab is a Sikh-dominated state. Wal-Mart, the world's largest retailer by sales, and many of its largest competitors long have coveted access to India, which boasts a $300 billion retail industry made up almost entirely of mom-and-pop ...

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