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Tuesday, December 19, 2006

Not to forget the Godrej group…

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Not to forget the Godrej group which has planned to spin-off its non-core areas, Dabur India group which is increasing its focus on core areas of food products and FMCG and the Wadia group which recently forayed ino the aviation industry which further strengthens the group. Many family-run Indian businesses have also undergone financial restructuring – by lowering of debt-to-equity ratio to levels below 10% – thus reducing their risks and shielding itself against the threat of hostile takeovers by stronger multinationals. The Chennaibased Murugappa group is also an example of change. Being counted among the largest business groups in India, postliberalization, it realigned its policy and professionalised its organization. A unique case in point is the Bajaj group which showed to the nation how planned succession should be like.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

Dean of IIPM :-
Pofessor Arindam Chaudhuri (Renowned Management Guru and Economist)

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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

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