Anil Ambani

The turnaround case scenario on Arvind Mills: History: Arvind (ARVND), established in 1931 as Arvind Mills Ltd, the flagship of the Lalbhai group, is the largest textile company in India. It was the first to introduce the globally accepted fabric, denim, to India in 1986. Currently, Arvind is the leading manufacturer of denim, with a manufacturing capacity of 108mmt (Million Metric Ton) p.a. Company is also the largest producer of textile fabrics in India making shirting, voiles, khakis and knits, with a manufacturing capacity of 130mmt p.a. Arvind is the largest cotton textiles manufacturer in the country, with an installed fabric capacity of over 200mmt per annum. It is also one of the leading denim fabric manufacturers in the world. Concern: Arvind Mills' expansion strategy in the late 1990s, resulted in the company's poor financial health. In the mid 1990s, Arvind Mills' undertook a massive expansion of its denim capacity in spite of the fact that other cotton fabrics were slowly replacing the demand for denim. The expansion plan was funded by loans from both Indian and overseas financial institutions. With the demand for denim slowing down, Arvind Mills found it difficult to repay the loans, and thus the interest burden on the loans shot up. Problems that started in Arvind Mills –A high wage structure, low productivity and surplus labor in the textile mills rendered its businesses unviable in most the products categories in which it competed. In the late 1990s, Arvind…

Introduction and Overview This is a comparison analysis of the financial performances of two companies Bharti Airtel Ltd (Airtel) and Idea Cellular Ltd (Idea). Both the companies belong to telecommunication industry, and are two of the largest telecommunication providers in India. A brief overview of the two companies is as follows: Bharti Airtel Ltd - Airtel is one of the world’s largest telecommunication service providers with presence in 19 countries. It is listed on both BSE (532454) and…

The Indian textile industry is the second largest in the world and the Arvind ltd. Is India’s one of the largest producers. The Arvind Mills was set up with the effort of Lalbhai brothers in 1931. Arvind has become a true Indian multinational with the best technology and business strategy. Today it is a flagship company of Lalbhai Group with Rs.2o billion. Arvind Mills has set the pace for changing global customer demands for textiles and has focused its attention on select core products. Such a…

Individual Assignment Part B There are lots of the business leaders who achieved success in their life like Bill Gates, Anil Ambani, Mukesh Ambani, Mark Zuckerberg, Steve jobs, etc. Here I am going to talk about Tony Fernandes he is a Malaysian Entrepreneur. He is the founder of Tune Air Sendirian Berhad (Wordpress, 2013). Achievements He achieved several goals in his life such as (Qi, 2016). 1. He introduced the low cost Airline, AirAsia with the tagline of “Now everyone can fly”. This…

Rattanindia Power Ltd. was formerly known as Indiabulls Power . It is one of the India’s largest private power generation companies and was incorporated in 2007. It has a market capital of Rs. 2273.76 cr. It is divided into four segments Thermal Power, Solar ( Maharashtra, Punjab ,UP), Mining(Haryana) and Cement (Maharashtra).Its Power supply segment contributes around 88.91% of the total sales. Whereas, other services includes 11.08% of total sales of the company Rattanindia consists of Ajit…

7. Reliance Industries Limited Reliance Group which was founded by Dhirubhai H. Ambani (1932-2002), is one of the largest private sector enterprise in India. Reliance Industries Limited is a conglomerate with its headquarter in Mumbai. RIL has businesses across India with presence in textiles, petrochemicals, natural resources, refining. By market capitalization RIL is the largest publicly traded company in India while when evaluated by revenue it is in second position after Indian Oil…

I. EXECUTIVE SUMMARY Sime Darby was founded in 1910 and grew to become the largest conglomerate in Malaysia. Sime Darby Plantation is the plantation and agri-business arm of the Sime Darby Group, representing one of the five core Divisions of the Group. The Division is involved in oil palm and rubber plantation management cultivation and downstream activities, agribusiness and food, as well as Research & Development (R&D). The company vision is to be a world class agriculture and food…

Mukesh Ambani is famous for being the wealthiest man in India with a networth of $23.6 billion. Ambani made his money by becoming the largest shareholder and the head chairman of Reliance Industries, the second largest company in India, after his father created it. THESIS NEEDED There are many people in Mukesh’s life that have influenced him in many ways, whether they are for good or for bad. One of the greatest influential people to Mukesh Ambani is his brother Anil. After the death of…

accomplished what practically everyone would consider outlandish. In an existence spreading over 69 years, he worked sans preparation India's biggest secretly controlled corporate domain. Dhirajlal Hirachand – also called Dhirubhai – Ambani would regularly say that achievement was his greatest adversary. He was a man who excited outrageous reactions in others. It is possible that you cherished him or you detested him. There was only no chance you could have been not interested in this astounding…

Vijay Mallya acquired Air Deccan in 2008 just for the sake of expansion its business in International arena without having much experience of International competitor. These acquisition is made just to get International route licensed (5/20 rule). After acquiring Air Deccan, Vijay Mallya has to faced a loss of over Rs1,000 cr. For the consecutive three years because it was not the correct time to acquired civil aviation. During that period of time civil aviation faced the worst economic turn…