Furthermore most of India’s refineries were then owned by the Western oil companies as a result of country’s colonial past. These firms’ imported oil mainly from Saudi Arabia and Iran. From the 1970’s, economic factors and energy need s gradually replaced India’s political approach towards the Middle East. The oil crisis of the 1970’s and the economic boom in the gulf that followed caused India to look west diplomatically towards the oil rich countries of the Middle East. The new challenges developing
INTRODUCTION 1.1 Background Growth is essential for a healthy sustenance and survival of any firm in this competitive world. There are two growth routes available to any company: - organic and inorganic. The Theory of the Firm’s Growth Penrose states that the growth rate of the firm will decline with its age. Organic growth beyond certain size or age is a big challenge and hence inorganic growth gains significance. Inorganic growth means growing through mergers and acquisitions. The inorganic growth
ETHICS The topic for this case study is the ethics of government policy in regards to a ban on advertising for tobacco smoking. On Feb 6, 2001, the Government of India announced they would impose a ban on advertising for tobacco smoking. Healthcare reports identified smoking tobacco was the leading cause of preventable deaths. Smoking tobacco caused cancer, lung disease, chronic obstructive pulmonary disease (COPD), emphysema and chronic bronchitis. The increase in illness and death related
Back in 2001 the Indian Government back in 2001 decided to enact a bill to ban smoking advertisements at sporting and cultural events in order to curtail adolescents from picking up the smoking habit. Opposition declared the government was overstepping their authority by infringing on citizen and business rights and the government felt it was excising its right to protect adolescents from acquiring a lethal habit. Those in favor of the ban felt the Indian Government was looking out for its citizen’s
In the early years, the studies of media and foreign policy focused primarily on the effects media had on public opinion (Bennett, 1994). Already back in 1922, Walter Lippmann studied the media and its effect on public opinion. In the book ”Public Opinion” (1922), Lippmann points
Business Studies 160 about the quality of products carrying ISI
performance of the organization in current era. Sell and Cleal (2011) developed a model on job satisfaction by integrating economic variables and work environment variables to study the reaction of employees in hazardous work environment with high monetary benefits and non-hazardous work environment and low monetary benefits. The study showed that different psychosocial and work environment variables like work place, social support has direct impact on job satisfaction and that increase in rewards does
TATA MOTORS –An Introduction "Best in the manner in which we 0perate, best in the product we deliver, and best in 0ur value system and ethics." Tata Motors Limited, previously Tata Engineering and Locomotive Company (TELCO) is an Indian international automobile assembling organization head quartered in Mumbai, Maharashtra, India and a subsidiary of the Tata Group. Its things join voyager cars, trucks, vans, mentors, public transports, development supplies and military vehicles. It is the world's
1.0 Introduction The importance of Public Sector Units (PSUs) in the Indian economy can never be over emphasized. They account for over 22 % of the country’s GDP, around 6 % of the total employment in the organized sector and over 20 % of direct and indirect tax collections. A number of PSUs also serve critical functions of furthering the socio-economic objectives of the Government and ensuring stability in prices of key products and commodities. To some, a well-performing PSU is an oxymoron. The
CHAPTER 4 FUNDAMENTAL ANALYSIS Fundamental analysis is the study of economic, industry, and company conditions in an effort to determine the value of a company's stock. Here we look at a business from the basic or fundamental financial level. This type of analysis examines key ratios of a business to determine its financial health and thus we get a clear idea about the real value of its stock. Fundamental analysis typically focuses on key statistics in a company's financial statements to determine