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Myiris brings you closer to CEOs of India's top companies. Understand
the thought process that shapes company strategies, get a grip over
the business model and see how the CEO addresses investor concerns.
Share the leader's aerial view and his immediate concerns.
Be the first to know when there is a strategy shift. Take a ringside
seat as corporate chieftains get a grip on what is easily one of
the most turbulent periods in Indian corporate history.
Mangalam
Drugs and Organics Limited 14-April-2005
Mangalam Drugs and Organics
Ltd is coming out with a public issue of 65 lakh equity shares of
face value Rs.10/- for cash at a price of Rs 22 each on April 19,
2005. The issue closes on April 26th, 2005. K.Seshadri of Myiris
spoke to Govardhan
M. Dhoot, Executive Chairman of the company to understand
the company`s products, the market it operates in and the risks
involved.
Saksoft
Limited 2-April-2005
The Indian IT story is
still unfolding. Outsourcing has gained further strength in the
last few months, and the outcry against loss of jobs in the US has
died down on the acceptance that outsourcing makes economic sense.
The IT field has both big as well as middle and lower size players.
SAKSOFT is a mid-size IT company and is coming out with an IPO on
March 30, 2005. K.Seshadri of Myiris spoke to Aditya
Krishna, Managing Director of SAKSOFT to understand
the logic of mid-size software companies and the strategy of SAKSOFT
in particular. Here are the excerpts.
IVRCL
Infrastructure & Projects Limited 16-March-2005
IVRCL Infrastructure &
Projects Ltd., a company, which has established an attractive track
record, is coming out with a public issue of equity. The company
is in the construction industry and derives a major share of its
revenue from Water Projects. It is also into road and building construction,
besides construction for power projects. The issue opens on 18th
March, 05 and closes on 23rd March, 05. While the issue prospects
details the company`s background and offer, IVRCL Infrastructure
& Projects Ltd., a company, which has established an attractive
track record, is coming out with a public issue of equity. The company
is in the construction industry and derives a major share of its
revenue from Water Projects. It is also into road and building construction,
besides construction for power projects. The issue opens on 18th
March, 05 and closes on 23rd March, 05. While the issue prospects
details the company`s background and offer, K.Seshadri of Myiris.com
caught up with E.
Sudhir Reddy,Vice Chairman & Managing Director IVRCL
Infrastructure & Projects Ltd., and explored some crucial issues
of company`s business. Here are the excerpts.
K
Sera Sera Productions Limited 29-December-2004
K Sera Sera, an innovative
film producing company, aims to be in top three media houses with
forthcoming big projects on the television side along with movies,
Kacon
Seti,CEO of K Sera Sera, in an exclusive interview
with Shyamkumar Agrawal of myiris.com discusses the future growth
plans of the company.
Gulf
Oil Corporation Limited 14-August-2004
Gulf Oil Corporation Limited
is a leading player in the lubricants sector. Despite stiff market
competition the company, expects to strengthen its position in the
industry. In an exclusive interview to Shyamkumar Agrawal of Myiris.com
,V.
Ramesh Rao, Executive Director, Gulf Oil Corporation,
talks about the company`s future plans.
Zensar
Technologies Limited 27-June-2001
The Rs 225-crore Mumbai-based
software services company is getting listed on the Mumbai Stock
Exchange through a reverse merger with its parent Fujitsu ICIM.
Not surprisingly, the Fujitsu ICIM scrip has seen hectic activity
ever since the merger was announced and it has almost doubled from
its 52-week low of Rs 37. Investors are bullish about the company
especially after it roped in industry veteran and former Aptech
CEO Ganesh
Natarajan , as its deputy chairman and managing
director a few months back. N Shivapriya of myiris.com engages Natarajan
in a frank discussion about the company's outlook given the grim
scenario that is threatening most leading software exporters today.
MRO-TEK
Limited 20-June-2001
The Bangalore-based MRO-TEK
is a major player in the networking domain. The company is present
in all the segments of the networking industry. It offers modems,
security products, line drivers, wireless products, layer-3 switches,
ISDN routers, converters and multipliers, among other things. In
this perceptive interview with Neyha Martis of Myiris.com, MRO-TEK's
chairman and managing director S.
Narayanan , shares his views on his company, its
business and its future prospects.
Excel
Industries Limited 14-June-2001
Excel Industries is a diversified
agrochemical player. The company has interests also in chemicals,
agri inputs, waste management and biopesticides. The company's strategy
is to be a long-term integrated player in its chosen domain. The
company's managing director Ashwin
C Shroff , is gung-ho about his agri business. Here,
Ashwin Shroff opens out to Alpana Taneja of myiris.com with what
he intends to do in the future.
Jindal
Iron & Steel Company Limited 11-June-2001
Jindal Iron and Steel Company
(Jisco) is trying its best to be a winner in a difficult industry.
In a bid to emerge successful, the company is going in for a mix
of strategies: developing the international market, innovating continuously,
collaborating with peers in the industry and forming the steel alliance.
And there is going to be no letup in these efforts. Spearheading
these strategies is Jisco's new CEO and joint managing director
Raman
Madhok , who is working hard to make Jisco a winner
and costs are going to be his first target for attack. In this insightful
interview with Abhijit Jalan of myiris.com, Madhok talks freely
about the steel industry in general and Jisco in particular.
Indian
Petrochemicals Corporation Limited 6-June-2001
Indian Petrochemicals Corporation
(IPCL) is a major player in the Indian petrochemicals industry.
IPCL operates three cracker units and produces polymers, fibres,
fibre intermediates and chemicals. IPCL is the largest producer
of ethylene and polyethylene in India. Almost 60 per cent of IPCL
is owned by Government of India. IPCL's chairman and managing director
Ashok
Chawla , spoke to Partha Guha and Mona Goyal of
Myiris.com on IPCL, its present and future.
BASF
India Limited 30-May-2001
BASF India Limited is a
specialty chemicals player. The company operates in leather chemicals,
crop protection chemicals, specialty dispersions and plasticisers.
BASF is actively looking at the biotech sector, due to its synergy
with crop protection activities, and the textile chemical segment
as well. The proposed merger between BASF's crop protection business
and Cyanamid Agro is expected to bring in substantial benefits.
Here, Prasad
Chandran , chairman and managing director of BASF
India, talks to Rajani Sinha of myiris.com on what is in store for
the company.
Samtel
Color Limited 24-May-2001
Samtel Color Ltd is a major
colour picture tube player in India and commands a marketshare of
about 40 per cent in the domestic market. Samtel Color's other products
include electron guns and deflection yokes. The company is working
towards pushing up its colour picture tube marketshare up to 50
per cent in three years and is optimistic about launching 21-inch
super-flat tubes in the domestic market by mid-2002. The company
is aiming to grow from a Rs 660-crore company into a Rs 2,000-crore
company in the next three years. And the company's CEO ,Sunil
Kakaria is at the forefront of all these initiatives.
Here he opens out to Neyha Martis of myiris.com on what he intends
to do in the coming days.
Dabur
Foods Limited (DFL) 18-May-2001
Dabur Foods is expected
to break even in fiscal 2000-01 and is currently working out an
aggressive expansion plan for its flagship product 'Real fruit juice'.
,Amit
Burman the company's 32-year old CEO, spoke S Vijayalakshmi
of myiris.com in an exclusive interview. Burman is upbeat about
the food sector. Says he: "Health and hygiene-conscious Indian consumers
are growing. There is no radical change in Indian food habits, but
there is certainly a subtle shift in consumer food preferences and
that is where lies the viability of our products".
Credit
Rating Information Services of India Limited (Crisil)
15-May-2001
Credit Rating Information
Services of India Limited (Crisil) is one of the top five credit
rating agencies in the world and it has rated over 4,500 debt instruments.
It is also one of the leading providers of analysed information
on Indian economy, corporate entities and the markets. It also acts
as advisor to companies and governmental agencies in India. Crisil
has a strategic business alliance with Standard and Poor's Ratings
Services, USA, which is world's leading rating agency. Crisil's
managing director ,R.
Ravi Mohan shares his perceptions on his company
and the Indian rating industry in an exclusive interview with R
Jagannathan and Vinod Singh of myiris.com.
Gas
Authority India Limited 10-May-2001
Gas Authority of India
Limited (GAIL) has emerged as the only company in India which has
a ready and large infrastructure for transmission, distribution
and marketing of natural gas over long distances in the country.
Producing liquefied natural gas (LNG) is GAIL's second major activity,
which the company went into just in 1991-92. And now it is making
history. GAIL's 1,264 kilometre Jamnagar-Loni LPG pipeline, which
is world's longest exclusive LPG pipeline, was dedicated to the
nation on May 9, 2001. Marking this historic occasion, GAIL's Director
(Finance) and CMD,J
K Jain spoke to S Vijayalakshmi of myiris.com.
HDFC
Limited 8-May-2001
From being just a plain-vanilla
housing finance company two decades ago, HDFC has come a long way.
The housing finance major is now transforming itself into an integrated
financial services provider. And it has the advantage of being a
professionally managed company with a low degree of non-performing
assets. For instance, its net non-performing assets
is just 0.9 per cent of its total portfolio on March 31, 2000 and
this is low by any industry standard.
"Our idea is to convert HDFC into a financial supermarket. So, every
conceivable financial product has to be offered out of HDFC offices,"
saysKeki
Mistry Managing Director of HDFC Limited. Here he
talks on HDFC in particular and the housing finance market in general
to Vinod Singh of myiris.com in an exclusive interview.
Blue
Dart Express Limited 26-April-2001
Close on the heels of the
lifting of quantitative restrictions, Indian markets are expected
to be awash with a flood of imports. Quite a few sections of India
Inc are jittery, but the top brass of air express industry major
Blue Dart is upbeat. Not without reason. The industry is expected
to grow at an average of 20 per cent in the coming years and Blue
Dart is projected to grow faster. "Our unique selling propositions,
like the 10.30 a.m. delivery, time-definite commercial distribution
made possible by our dedicated air and surface infrastructure, real-time
flow of information through our cutting-edge technology, security
and customised solutions for banks, financial institutions and,
now, insurance companies, all these have set us apart from the competition,"
says Clyde
Cooper Managing Director of Blue Dart Express Limited
in an interview with Neyha M Martis of myiris.com
Dewan
Housing Finance Corporation Limited, (DHFL)
26-April-2001 (Update)
One of the major players in
the housing finance industry, Dewan Housing is at the forefront
of product innovation. According toKapil
Wadhawan ,MD of Dewan Housing Finance Corporation
Ltd, "what the housing finance industry needs is structural changes.
The classification of housing finance companies in the western world
is missing". In an interview with Sharika Kaul of myiris.com, he
spoke on the various issues that the company is in the process of
tackling and the long-term strategies for growth.
HDFC
Standard Life Insurance Company Limited 23-April-2001
HDFC Standard Life Insurance
Co. aims to be one of the frontrunners among the new players in
the insurance business. Already, the initial feedback from the market
is encouraging, according to Deepak
Satwalekar, MD
and CEO of the company. By focusing on market segmentation, customization
and rationalization of products, HDFC Insurance hopes to lure customers
to put their trust in the company on a long-term contract basis.
"And to have done that for a three-month old institution is a reflection
of the faith that they have in the HDFC brand name,"
Satwalekar, points out
to Vinod Singh of myiris.com in an interview.
Wockhardt
Limited 23-April-2001
If `Wockhardt` sounds suspiciously
like `Work hard`, don`t be too surprised. This Indian pharma company
has had to work hard indeed to introduce 15-18 new lifestyle products
in next two years. By focusing on the lifestyle diseases segment
of the pharma market, Wockhardt Ltd. aims to carve out an unbeatable
position globally. The company is also making forays into medical
nutrition and the new drug, erythropoietin, for cancer and kidney
failure. All these moves should help the company retain a 30 per
cent return on net worth, as
Habil F Khorakiwala, Chairman of Wockhardt, tells
Alpana Taneja of myiris.com.
Hindustan
Inks and Resins Limited, (HIRL). 20-April-2001
Claimed to be the world's only
ink manufacturer that has fully integrated backwards, Hindustan
Inks is now building up a global presence through its wholly owned
subsidiary in the US, Micro Inks. The company also plans to leverage
the large size of its product portfolio and its manufacturing cost
advantage, to offer tailor-made strategies for different markets,
as director of the company
Prasant Desai, explains to Neyha M. Martis of myiris.com.
Engineers
India Limited
We are diversifying in different
areas of infrastructure. We have already formed Strategic Business
Units (SBUs) to compete and get jobs in areas like power, highways
and bridges, airports, mass rapid transport systems (MRTS), non-conventional
sources of energy, information technology, specialist materials
and maintenance services, environmental engineering, etc. Speaking
to Amar A. Harolikar,
Keshav Saran ,Chairman & Managing Director, Engineers
India Ltd talks the company's plan to diversify into infrastructure
projects and about its future strategies.
Sony
Entertainment Television (SET) India Limited
"We have the strong backing
of our parent Sony, and we believe that the market will give us
an appropriate valuation," says
Kunal Dasgupta ,CEO of Sony Entertainment Television
(SET) India Ltd. In an exclusive interview with Abhijit Jalan of
myiris.com, Dasgupta talked about the company's strengths, strategies
and the new initiatives planned.
Eskay
K`n`IT (India) Limited
From textiles to banking might
seem like a long and risky shot for a regular businessman, but not,
apparently, for
Pravin Kumar Tayal Chairman, Eskay K`n`IT (India)
Limited. Having recently acquired the private sector Bank of Rajasthan,
Eskay is out to prove to the world (and clients like Marks and Spencer,
Givenchy ,Pierre Cardin , CK , Wilsons and Tommy Hilfiger) that
elasticity is not confined to textile manufacturer, as tells Naveen
Bathla of myiris.com in an interview.
Kopran
Limited
Think of your heart, think
Kopran. That could well be the motto of Kopran Ltd. the Indian pharma
company that currently rules the roost in the domestic cardiovascular
drugs market. In an interview with Alpana Taneja of myiris.com,
Surendra Somani Managing Director, of Kopran, talks
of how the company has risen in ORG's listing, from rank No. 70
to No. 44, and how it is thinking of a private placement of equity
to retire some of its high-cost debts.
Ashok
Leyland Limited
The automobile industry would
rather wish away the first three quarters of the current year, when
volumes fell by 21 per cent. Yet, one company, Ashok Leyland, managed
to buck the trend and cling on to its volumes, explains,
R. Seshasayee Managing Director, Ashok Leyland Limited
as how this happened in an interview to Naveen Bathla of myiris.com
ITW
Signode India Limited
We have been outperforming
on a quarter-to-quarter basis for the last seven quarters and we
expect the trend to continue even in the last quarter of FY 2000-01.
We had made a commitment to the shareholders that we will enter
the dividend-paying list as soon as we wipe out the past losses.
And this year-end, we will be wiping out the accumulated losses,
and, as committed, we should be paying out dividends. We have come
a long way in the past two years, and we have built a reasonably
strong foundation. And from here, we can only hope to grow. Speaking
to Amar A. Harolikar,
R.V.S. Ramakrishna Managing Director, ITW Signode
talks about the improved performance of the company and its future
strategies
Tata
Infotech Limited, (TIL).
After a difficult FY00, software
company Tata Infotech Ltd (TIL) expects improved results in FY01
as sales looks up. The company was hurt by drying up of Y2K projects
and the restructuring undertaken by its primary customer, Unisys,
in 1999-2000. In an interview with N. Shivapriya Managing Director
Nirmal Jain discusses the company's prospects and
the future of the industry in the light of the US slowdown.prospects
for the Rs 395-crore company.
Cadila
Healthcare Limited
Cadila Healthcare Ltd, the
homegrown pharma major that pioneered the concept of brand positioning
in the Indian pharma market in the 1980s, is now poised for a new
phase of export-led growth. In an interview with Alpana Taneja of
myiris.com,
Pankaj R Patel Managing Director of Cadila, outlines
the prospects for the Rs 395-crore company.
Eicher
MotorsLimited, (EML)
Riding on a wave of segmentation,
Eicher Motors Ltd. is trying to shed its image as a mere manufacturer
of light commercial vehicles (LCV), as
S Sandilya , CEO and MD, tells Anand Madhavan of
myiris.com. Excerpts from the interview on the performance of the
company and its plans to enter the heavy commercial vehicle (HCV)
segment.
Dewan
Housing Finance Corporation Limited, (DHFL)
"The problem of housing
companies doesn't lie in demand for fund, problem is with supply".
Says
Kapil Wadhawan Managing Director, Dewan Housing
Finance Corporation Ltd, (DHFL). In an interview with Indira Misra
of myiris.com, he shares his views on the prevailing conditions
in real estate market, prospects for housing finance companies and
future plans of DHFL.
Thermax
Limited
"With things going as
planned, we hope to break even by the end of the year or even post
a modest operating profit".
Prakash M Kulkarni Managing Director, Thermax Limited,
who is currently focusing on the ongoing process of restructuring
of Thermax , shares his views with Naveen Bathla of myiris.com.
Max
India Limited
"It's been fairly smooth sailing
for Max India as it shapes up into its new avatar as a multi-business
corporate".
Vivek Jetley Managing Director, Max India, who is
currently focusing on providing leadership and direction to the
high technology business of Max, called Max Ateev, spoke to S.Vijayalakshmi
of myiris.com.
Yokogawa
Blue Star Limited
"We have the products, the
team, and the engineering capability to exploit this market. We
have proven engineering capability in this area with many of our
engineers trained overseas. We feel that it is only a matter of
time and the private sector is going to embrace the integration
concept in a big way.," Speaking to Amar A. Harolikar,
J P Singh Managing Director, Yokogawa Blue Star
Limiteds talks about his company, the environment that it operates
in and its future prospects.
Shiva
Paper Mills Limited
"For non-wood paper mills,
which account for 65 per cent of the Indian paper industry, rationalization
of excise duty at 16 per cent has dealt a severe blow that could
cripple the sector and force many units into sickness," says
Parmod Jain Managing Director, Shiva Paper Mills.
In an interview with myiris.com's Ajay D'Souza, he shares his views
on what hampers the growth of the paper sector in India and how
his company has performed.
Himatsingka
Siede Limited
We score over the competition
by providing our customers with international quality, an understanding
of design trends and strong manufacturing capability'. We do not
conform to the image of the traditional Indian textile company.
'The unique set of challenges for us is to provide value-addition,
gearing up for the changed operating scenario once the WTO directives
are implemented, maintaining our historical financial growth rates
and, most of all, maintaining our leading edge in the face of international
competition. Dinesh
Himatsingka Managing Director, Himatsingka Siede
Ltd, shares his views of his company, product offerings, competitors
and future challenges during free trade regime with Naveen Bathla
of myiris.com
Akbarallys
group of companies
The last decade has seen a
spurt in retail activity, especially in the metros. However, this
industry has not enjoyed the success of its western counterparts.
In a growing economy, rising disposable income, decreased spending
and lack of government support, Akbarallys has seen it all. Speaking
in an interview with myiris.com's Sharika Kaul, F.T.
Khorakiwala, the chairman of Akbarallys chain of
departmental stores, has spoken on issues ranging from the status
quo in the retail industry to the daily footfalls in Akbarallys.
Sun
Pharmaceutical Industries Limited
Sun Pharma firmly believes
in optimising returns on available resources. It now intends to
extend this philosophy to the area of new drug discovery. Dilip
Shanghvi, chairman and managing director, Sun Pharma,
discloses the strategies for growth and research adopted by his
company in an exclusive interview with Alpana Taneja of myiris.com.
National
Stock Exchange
The most powerful business
model for the net is sharetrading — Ravi
Narain, 45, managing director and CEO of the National
Stock Exchange. With the budget round the corner, Narain spoke to
R Jagannathan and Anand Madhavan of myiris.com on a wide range of
issues, from his expectations on the budget, to the future of derivatives
trading to net trading.
Geometric
Software Solutions Co Limited
Geometric Software is not the
typical Indian software company. The company's staple diet is not
software projects but products in the niche area of CAD/CAM software.
After a blemish-free track record, the company, which came out with
an IPO in early 2000, slipped into the red in the second quarter
of fiscal 2001. In the third quarter, amidst investor worries about
the future of the company, it staged a smart turnaround. Managing
director Manu
Parpia,
discusses the company's strategy for growth and blueprint for the
future with N. Shivapriya.
LIC
Housing Finance Limited
LIC Housing Finance Limited
(LICHFL), is one of the largest public sector housing finance companies.
Despite increased competition and reduction in housing finance interest
rates, the company has been able to sustain growth. One of the first
companies to securitise loans worth Rs 43.84 crore, according to
Kranti
Sinha,
the Chief Executive of LICHFL, "there exists good scope for increasing
the securitisation of mortgage loans once the secondary market for
mortgage backed securities is developed". In the interview with
myiris.com's Sharika Kaul, he spoke on the operational issues, status
quo existing in the housing finance market and on the future of
the company.
Citicorp
Securities & Investments Limited
(Now Called as 'e-Serve
International)
"Credibility will play a very
important role in this business". In an interview with myiris.com,
Rahul
Singh,
CEO Citicorp Securities & Investments Limited, speaks about the
IT enabled services business, Cisil's area of focus in this business
and discusses India's current advantage in field.
Godrej
Soaps Limited
The Godrej Soaps valuation
is a fraction of its real worth
Godrej Soaps Ltd ( GSL) made a turnaround in fiscal 2000 (ended
March 2000) by recording net profits of Rs 62 crore when compared
to loss of Rs 33.8 crore recorded in the corresponding period of
the last fiscal. In the first nine months of fiscal 2001 GSL has
recorded sales growth of 17 per cent to Rs 649 crore, while the
net profits (after excluding the extra-ordinary items) show a jump
of 146.7 per cent to Rs 51.4 crore. GSL has initiated a restructuring
exercise which involves demerger of its consumer products business
as a going concern to a new company, effective from April 1, 2000.
The company has also decided to reduce its debt by the sale of a
part of the company's shareholding in Godrej Sara Lee to the public.
In an exclusive interview to myiris.com, Adi
Godrej,
57, shares with Rajani Sinha the details of GSL's performance in
the third quarter ( ended December 2000), their restructuring plans
and the company's growth strategy.
Exide
Industries Limited
Battery companies don't have
any reason to be charged up about in the existing circumstances
or do they? S
B Ganguly,
Chairman & CEO, Exide Industries Ltd., India's largest storage battery
company speaks to Anand Madhavan of myiris.com on the future of
the battery market in the changing scenario of rising battery imports,
pending implementation of lead recycling and smelting laws among
other issues.
Godrej
Sara Lee Limited
Godrej Sara Lee Limited (GSLL)
is a 51 per cent subsidiary of Sara Lee Corporation USA. Godrej
Soaps Limited and Godrej & Boyce Manufacturing Co. Limited hold
25.46 per cent and 22.54 per cent respectively in the equity of
GSLL.
GSLL is the largest manufacturer of mosquito mats in the world.
It is also the market leader in the mats segment in India. As per
market share data for August 2000, GSLL was also the market leader
in the coils segment.
The Godrej group had planned to divest part of its stake in GSLL
towards the end of last year, so that the stakes of Godrej Soaps
Limited and Godrej & Boyce Manufacturing Co. Limited were to come
down to 5.09 per cent and 18.91 per cent. However, this proposed
offer for sale was kept on hold due to poor market conditions.
Myiris.com spoke to A
Mahendran,
Managing Director of the company, about its plans for the Indian
market.
Ajanta Pharma Limited
"We expect the business to
grow by 25-30% in this fiscal, against the ndustry growth of 14-15%",
says Purushottam
Agrawal,
the Managing Director
of Ajanta Pharma Limited. The company is primarily focussed on lifestyle
oriented OTC products which contributes towards a major portion
of its revenues. With the popularity of natural based products increasing
in the domestic and world markets, the company hopes to sustain
this growth beyond 2001. In the interview he speaks on Ajanta's
growth strategies, its R&D focus and the relationship it shares
with its joint venture partners, with Sharika Kaul of myiris.com.
Essel Packaging Limited
With the merger of Essel Propack,
Essel Packaging has further consolidated its position in the lamitube
industry. With this merger placing Essel in the No 1 position in
the global lamitube industry, a global restructuring is expected
to happen in the next few years. The company expects to capture
28% of the global lamitube market by 2003. Worldwide, companies
are consolidating their manufacturing facilities worldwide and are
seeking single-point suppliers. Post merger, according to Cyrus
Bagwadia,
MD, Essel Packaging, the company will be in a better position to
cater to its global customers in this regard. In an exclusive interview
to myiris.com after the merger, he spoke to Sharika Kaul about the
new entity that is likely to emerge post merger, its strategies
and operations and how the company plans to sustain itself beyond
2001.
Soffia Software Limited
"We will strive to be amongst
the top 10 software powerhouses within the next five years says
CEO Venkata
Subramani
of Soffia Software Limited in an interview with Jayesh Shah and
Neeraj Godhwani of myiris.com, shares his views on the companys
future strategy ,growth and key focus areas. Soffia Software has
been performing very well and growing at CAGR of 400 percent and
for the period ended September 2000 recorded an impressive growth
of 544 percent in revenues and Profit after tax of 670 percent over
the previous quarter.
Nicholas Piramal India Limited
What makes Nicholas Piramal
different from other pharma companies? What makes the company tick?
The company is expecting a bottomline growth of 30 per cent, has
a business model based on strategic alliances and JVs, adopts a
liberal yet cautious approach to R&D. In this interview, Chairman
Ajay
Piramal talks about
his company's relationship with his joint venture partners, its
R&D plans, the focus growth areas and more in an exclusive interview
with Alpana Taneja of myiris.com.
Adlabs Films Limited
Adlabs Films Ltd - is another media/entertainment
company to tap the stock markets, but has a different story to tell.
It was founded in 1978, by Manmohan Shetty and Vasant Mamania, as
a partnership firm and started with processing of advertisement
films. As its reputation for dependability spread, it began attracting
not just the folks from the advertising industry, but also the ones
who were seeking a production facility for feature films. Today,
it is a leader in film processing in the western region of India.
It has also won the national award as the best processing laboratory
in the country no less than four times. But Adlabs is now approaching
the capital markets to set up the country's first IMAX dome theatre
and a multiplex in the city of Mumbai. In an interview given to
Abhijit Jalan of Myiris.com,
Manmohan
Shetty,
Managing Director, discusses the prospects on his existing and new
businesses.
Hikal Limited
Hikal's growth path moved into a
new trajectory when the company clinched the contract manufacture
deal with Merck and Co, US at Taloja. Future growth is expected
to revolve around its operations at Taloja and Panoli, the recently
acquired plant from Novartis. "In a five-year span we should have
a compound growth of 25% both in top line and bottom line" said
Jai
Hiremath while
laying down the business plans and future prospects of the company
during an interview with Mona Goyal of myiris.com
Wartsila NSD India Limited
Indian market is very exciting, very
challenging and with competition opening up there is greater challenge.
'This gives us the charge, the zeal, the passion to grow rapidly'
. 'Even with the rising crude oil prices the good thing is that
we are still more competitive vis-a-vis grid power in some states'.
On some SEBs denying industries to go in for captive power plant
'It is a temporary phenomenon because it is legally incorrect and
contrary to the Indian Electricity Act. This monopolistic attitude
of SEBs will lead to a lot of public interest litigation'
Pradeep
Mallick , Managing
Director, Wartsila NSD India Ltd, shares his views on the company,
its competitors, future prospects, user industries and the monopolistic
attitude of SEB's with Naveen Bathla of myiris.com.
GIC Housing Finance Limited
'Today buying a home is no longer what it used to be.
It is not just the needy who go for a home loan, but also those who are
cash-rich. According to
N. Sowmyan
Chief Executive, "if I don't have money I have to borrow " concept has gone from the housing
finance market. The company has a 20% market share in the housing
finance market which has undergone mind-boggling changes in the past
few years. Speaking to Sharika Kaul, he talks about his company, the
environment that it operates in and the trials and tribulations
that it will face in the future.
Sulzer India Limited
'Will restructuring by parents in Switzerland create
ripples in India'. 'How the threats to Sulzer's Indian business
were turned as opportunities' .' Sulzer India only contributes one
per cent still India is considered as an important strategic market'.'Our
well diversified niche engineering products are our key strengths'.
How Sulzer India is so different from other engineering companies.
Subodh Nadkarni
President and CEO Sulzer India shares his views on present ,past and future
of the company with Naveen Bathla.
Crossroads
The next few years are going to see a slew of shopping
malls being opened in India. With Crossroads, paving the way for
"Shoppertainment" which is going to be the rule rather than the
exception, the quest for making shopping into an art form, has finally
begun. "Since Crossroads has started, suddenly it's become the buzzword
retails, malls and all. Nowadays it is more fashionable to do this,
for us it's business", says Jaydev
M. Mody
Managing Director. Over the next three years, Crossroads will be
investing Rs 300 crores to set up more malls across India. Speaking
to Sharika Kaul, he gives an insight as to what makes Crossroads
really tick, so loud.
Mukta Arts Limited
"Mukta Arts Limited. Does it remind something? Yes, it does. The first thing that comes to the mind is the name 'Subhash Ghai'. The 'Showman' is in limelight again. Why? Another film, which has been a resounding success? No. This time, for making his company go public. Mukta Arts is now listed on the stock exchange. But what is it doing there?Does an entertainment company fit here? Will it be able to give returns to shareholders? On a consistent basis? Does it generate sufficient margins? What is its business model? Is it scalable and sustainable? In an interview given to Abhijit Jalan of Myiris.com,
Subhash Ghai (Chairman) and Parvez Farooqui (Executive Director) address these concerns.
Nimbus
Communications Limited
Nimbus Communications Ltd, a multi-lingual, multi-product
and multi-platform television content company, claims to be one
of the largest in terms of value and volume. Harish
Thawani Chairman and Managing Director, while speaking to Abhijit Jalan of myiris.com,
says that along with content, it is also very important to own delivery
/ distribution mechanisms. 'We hate to lose a deal, or lose on a
deadline, or lose on quality', says he.
Tata Consultancy Services
The secret of a thriving software business is not in getting listed on the markets, having a high market capitalization or doing acquisitions. Tata Consultancy Services (TCS), all set to clock a stupendous Rs 3000 crore revenue this fiscal, has proved this and more by stubbornly staying a closely held entity, not being swayed by the lure of acquisitions and quick riches, and yet managing a scorching growth year after year. And this, despite its mind boggling size - about twice that of market favourite Infy as the media is fond of pointing out to hopeful public. So what is the secret of a successful software business?
S. Ramadorai
shares some truths with N Shivapriya of myiris.com on what it takes to be Asia's largest independent software house and the sixth fastest growing consulting company in the world.
Tips
Industries Limited
The story started from a small shop situated in the
crowded wholesale market of Lamington road, the hub of the Bombay's
music industry. A successful IPO and 25 years later the Taurani
Brothers are singing all the way to the bank. Music baron
Kumar
Taurani
talks
to Abhijit Jalan about the future of music and film industry especially
after the latter's industry status.
Unichem
Laboratories Limited
His strategy includes looking at specific product
alliances and innovative marketing. He is gung-ho about segments
such as cardiology, neurology and psychiatry. "I am yet to come
across a brand sale where the buyer has benefited", says he, being
very cautious on acquisition plans. Dr.
Prakash Amrut Mody
talks to Alpana Taneja
on Unichem's evolving strategies.
Archies
Greetings & Gifts Limited
"An Archies card can
say ...in a very special way.... Archies says ... says you
care, " the commercial which showcases the feeling comes straight
from his heart. With his whetted aesthetic sense and sharp
business acumen he decided to start selling greeting cards
and posters through mail order. It was set up as a partnership
firm in 1979. Archies, with a capital of Rs. 1000, opened
its first shop in 1987 in Delhi. Anil
Moolchandani shares his thoughts with S. Vijayalakshmi.
Kale
Consultants Limited
A
provider and developer of enterprise application software solutions
and products for airlines, banking and dairy business plans to broaden
its operations with new acquisitions and increased product suites.
Vipul
Jain
. speaks to Sanjeev Srivastava
about the company after a successful IPO.
Zodiac
Clothing Company Limited
'Operating in economy
segment meant compromises in terms of quality'.'Indian textile industry
is almost dead'.' Zodiac has become a generic name in ties'. So
say A.Y.
Noorani. Speaking to Naveen
Bathla, he recalls the distant past and addresses the near future
of the company, also commenting on the domestic industry and the
global scene.
Asian
Paints (I) Limited
Known for innovative marketing
and distribution strength, Asian Paints is one of the consistent
performers in the Indian corporate scene. Even by the company's
high standards, performance in FY2000 was exceptional. In an interview
with Neeraj Godhwani,
Ashok
Dani
talks about the industry, his company's plans and goals.
Cadbury
(I) Limited
Cadbury continues to dominate the chocolates market
with a share of 70%. Bournvita broke all previous sales records
after its relaunch in 1999. The company also added 8 mn consumers
to its 100 mn in the previous year. Cadbury was rated the third
most admired company as per a survey conducted by A & M magazine
in 1999. Rajeev
Bakshi speaks to Preethi
Gopal about its products and its performance, threats posed by downtrading
and imports.
Albright
& Wilson (I) Limited
All bright days seen ahead as international
conglomerate Rhodia enters the arena, Albright & Wilson hopes
to regain lost ground and a solid footing in India. Naval
Chaudhary speaks to
Sameer Prasad about the times to come.
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