ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Ashok Leyland, Reliance Industries, Nicholas Piramal

ASHOK LEYLAND Riding the CV Boom Ashok Leyland is the second largest manufacturer of commercial vehicles in India. This segment accounts for a substantial portion of its revenues. Ashok Leyland also makes vehicles for defence and other special applications, engines for industrial, genset and marine applications, and ferrous castings.

Goodyear, Nirma, HDFC

GOODYEAR Firmer Tread Goodyear India is the largest automotive tyre manufacturer in the world and one of the largest consumers of natural rubber. The company is a 74 per cent subsidiary of Goodyear Tire & Rubber of the US. It markets a wide range of tyre products for passenger cars (bias and radial), light commercial vehicles, trucks and buses, tractors and earth movers.

Hero Honda h, GAIL, Thermax

HERO HONDA Still Leading Two-Wheeler Race The domestic two-wheeler market has seen a shift in consumer preference in recent years. In 1998-99, motorcycles overtook scooters to emerge as the largest product segment in the auto industry. Hero Honda is uniquely placed to expand and thrive in the two-wheeler market. The company retained its position as the single largest manufacturer of two-wheelers in the world for the third year in a row in 2003. Its best selling model, Splendour, is the world

NIIT, RCF, Sesa Goa

NIIT Growing through Learning NIIT is an information technology company with a unique business model. It offers IT education and provides IT solutions to companies. NIIT started off by providing IT education to a broad spectrum of people in the early 1980s through a network of learning centres. The company has customised its IT training business, called the learning solutions business, to provide courses suited for all skill levels, from basic courses for students to advanced courses for IT professionals and managers wanting to enhance their skills.

ITC, Tata Tea, West Coast Paper Mills

ITC Looking beyond Tobacco Indian Tobacco Company (ITC) is a subsidiary of the global tobacco giant British American Tobacco. Its mainstay is the tobacco and hotels business. In recent years, it has been diversifying into areas like retailing, greeting cards and stationery, biscuits and confectionary, hospitality, incense sticks and agribusiness. This may be ITC

Bharat Forge, JK Synthetics, Indian Hotels

BHARAT FORGE Taking a Global View The auto ancillaries sector has been called the next big industry in India after information technology and Bharat Forge is leading the way with its supply of quality products to major automobile manufacturers worldwide. Bharat Forge supplies auto components to 31 global original equipment manufacturers.

Maruti Udyog, Colgate-Palmolive, Essar Steel

MARUTI UDYOG Networked Sales and Service Maruti Udyog (MUL) began production in 1983, and has come a long way since. MUL is the market leader among automobile companies in India. The government of India, which was a partner in MUL, divested its stake to the public in 2003-04. The public issue was oversubscribed 10 times.

IPCL, Dabur India, Bongaigaon Refinery

IPCL Demand Boost for Growth Indian Petrochemicals Corporation (IPCL) was incorporated in 1969 and converted into a public limited company in 1986. The central government, which held the entire equity capital of IPCL, decided to disinvest its stake in 2002, following which Reliance Industries (RIL) acquired 26 per cent stake in IPCL. Reliance made an open offer to the shareholders of IPCL and acquired 4.96 crore shares at a price of Rs 231 per share, thereby increasing its stake to 46 per cent.


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