corporate terminology

8/14/2019 Corporate Terminology

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Corporate Terminology

Prepared By : Ranjan Dwivedi

March 1, 2009 1Ranjan Dwivedi


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19 Nov 2008

Japan in recession after 7 Years CITI may axe 50K Jobs to cut expenses Package of Incentives to bail out Exporters hit by slow

down

Government to hasten spending on Power House to givefiscal stimulus Cut in Excise duty to boost demand GM ,Ford Motors and Chrysler asking for bailout to avoid

bankruptcy Sectors having good job Prospectus are Education ,

Healthcare and FMCG MBA Education should encourage integrated thinking and

be more customer-centric as opposed to resource-centric.Every stream has value and meaning.

Brand matters Personal branding: It is a clear , deep and profound

understanding of who you are and what you stand for. It is great to be busy but it is more critical to be productive.



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20 Nov 2008

IT Big 5 to hire80K this year Rupee closes at record low of 50.02 per dollar Economic meltdown is hurting NGOs dependent on Corporate funding Maruti Suzuki rolls out A-Star Centre to boost investment in infrastructure 5% import duty slapped on steel to save domestic steel industries

Banks will be able to lend more to NBFCs that are providing funs toInfrastructure sector RBI may fund NHB to revive housing finance companies RBI may consider fresh liquidity steps to propel growth Scope of monetary action to further ease liquidity by cutting interest rate

suggest CII NRIs reported remittance in September is $513 million, hiest since Dec2006 Building Infrastructure is not Keynes General Theory Crude oil $54 per barrel RIL and ESSAR to retail fuel again Metro man Sreedharan known for completing targets before time Confedration of Indian Industries and World Economic forum jointly organized

INDIA ECONOMIC SUMMIT 2008



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21 Nov 2008

Assignment (Taxila Misc) The Finance ministry is considering a further relaxation in overseas borrowing

norms , particularly for infrastructure companies ONGC has offered bouquet of perks and facilities to its 30000 odd employees. For Offshoring, firms will prefer India says Infosyss MD & CEO Mr S

Gopalakrishnan Indian companies to find favor with overseas lenders . Indian companies

borrowed $1 Billion in the month of October. A marathon meeting of WTO will begin in Geneva next week Slowdown hits mining sector, FIMI(Federation of Indian Mineral Industries) wants

export duty removal India and Tajikistan ink double taxation avoidance pact. Govt okays hike for PSU staff Sliding fuel prices pull inflation down to 8.9%

Ranbaxy exploring Health Insurance Business Investors come home to Gold There has been an improvement in liquidity in Mutual Fund Do we need Fair Value Accounting? Rupee closes at 50.18 Small cos turn to Currency Exchanges to hedge risk



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24 Nov 2008

India Clinch ODI series Jet Airways proposes 5-10% cut for employees withdrawing 75k

PM Legal Eagles Soar as market soar Rs 50K-cr push for core sector like roads, airports,ports and power

plant. FDI is allowed in invest in Investment Cos soon Govt is considering an array of sop such as lower excise duty for

Auto Industries Mr Subbarao to meet bank heads to assess the market liquidity Tata motors to shut down Jamesdpur plant for 5 Days due to

slump in sales order Forex reserve dip $5Bn in a week as RBI sells Dollor Indis Forex Kitty has srunk by $45 Bn in last seven weeks. India Inc to take the current slowdown as an opportunity to take

the reins of global leadership India story is viable as ever Give man a fish and you feed for a day, teach him how to fish and

you feed for the life.

Psu oil Cos may be forced to price cuts Commenwealth games has raised hopes of young professional forMarch 1, 2009 5Ranjan Dwivedi


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25 Nov 2008

US bail out CITI with $20 bn cash injection MBA student kidnap teen to recover losses in stocks

and real Estate RBI tightens norms on pleging indian property on

NBFCs foreign branch oversea Debt Mindtree eyes SAP services co. Seal Consulting Coke steps up focus on small towns,rural mkts. Hindustan Zinc has won CSR Excellance award Shikha Sharma awarded businesswoman of the year

( MD ICICI) MBA colleges should check not only

numerical,analytical and linguistic skills but also socialand ethical skills.

CRR cushion helps banks invest over 7k Cr in CPs, MFsbonds and stock

Market is good for long term investor

IT bankin on china for biz.March 1, 2009 6Ranjan Dwivedi


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10Dec2008 Bad Hire a major Issue in the companies

Worst Spending Slump Since 1942 Extends Scary U.S. Recession Householdspending will drop 1 percent in 2009,

Domestic passenger-car sales fell 19.38% in November to 83,059 units, from1,03,031 units in the same month last year.

Major cement manufacturers, including ACC, Ambuja Cements and Shree Cement,on Tuesday announced price cuts by up to Rs 7 per bag in response to thegovernment's move to reduce CENVAT by 4%.

Indian Railways on Monday hiked the freight rates for cement, coal and coke by up to8% per tonne. The Railways move would increase the input cost of housing, powerand steel sectors that have been identified

HDFC Bank Ltd, said on Monday it was cutting its prime lending rate by 50 basispoints to 16 percent following rate cuts by the Reserve Bank of India (RBI) on theweekend.

Central Crime Station (CCS) sleuths arrested a former software professional whoprocured two SIM cards by fraudulent means to harass a lady colleague and achildhood friend.

In future a mobile phone will replace the laptop market, and drive PC makers out ofbusiness. Already laptop sales have started falling all over the world, indicating thesupremacy of the smart phone. Large PC makers like HP and Dell will either changetheir business models or go out of business

Rupee on Wednesday appreciated by 48 paise against the US currency in early tradeon dollar selling by banks amid surging Asian equity markets.At the Interbank Foreign Exchange (Forex) market, the domestic currency traded at

http://www.bloomberg.com/apps/quote?ticker=GDPCTOT%:INDhttp://timesofindia.indiatimes.com/Business/Car_sales_down_19_bikes_fall_20/articleshow/3816865.cmshttp://timesofindia.indiatimes.com/Business/India_Business/Cement_companies_cut_prices/articleshow/3815740.cmshttp://economictimes.indiatimes.com/articleshow/3817510.cmshttp://economictimes.indiatimes.com/Personal_Finance/HDFC_cuts_lending_rates_by_50_bps/articleshow/3809818.cmshttp://timesofindia.indiatimes.com/Cities/Hyderabad_techie_held_for_harassment/articleshow/3815646.cmshttp://economictimes.indiatimes.com/Market_News/Re_48_paise_stronger_against_dollar/articleshow/3816943.cmshttp://economictimes.indiatimes.com/Market_News/Re_48_paise_stronger_against_dollar/articleshow/3816943.cmshttp://economictimes.indiatimes.com/Market_News/Re_48_paise_stronger_against_dollar/articleshow/3816943.cmshttp://timesofindia.indiatimes.com/Cities/Hyderabad_techie_held_for_harassment/articleshow/3815646.cmshttp://economictimes.indiatimes.com/Personal_Finance/HDFC_cuts_lending_rates_by_50_bps/articleshow/3809818.cmshttp://economictimes.indiatimes.com/articleshow/3817510.cmshttp://timesofindia.indiatimes.com/Business/India_Business/Cement_companies_cut_prices/articleshow/3815740.cmshttp://timesofindia.indiatimes.com/Business/Car_sales_down_19_bikes_fall_20/articleshow/3816865.cmshttp://www.bloomberg.com/apps/quote?ticker=GDPCTOT%:IND


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Contd 10 Dec 2008

Swraj Paul first Asian deputy speaker in Britain's House ofLords10 Dec 2008, 1154 hrs IST, PTI

The RBI had stated that "loans granted by banks to housingfinance companies (HFCs) for on-lending to individuals forpurchase/construction of dwelling units may be classifiedunder priority sector, provided the housing loans grantedby HFCs does not exceed Rs 20 lakh per dwelling unit perfamily

The monthly net outflows from SS schemes, especiallypostal deposits and certificates like National SavingsCertificates and Kisan Vikas Patra, touched a 3-yr high of Rs

2,937 crore in Oct as investors took to bank deposits, whereinterest rates have been firming up from July To counter the effects of the global financial slowdown and

its impact on various sectors of the Indian economy, theCentral Government on Sunday announced an Rs.20, 000crore stimulus package that includes major across the

board tax cuts to boost demand. A total amount of Rs.300,000 crore is to be spent over the remaining four months onMarch 1, 2009 8Ranjan Dwivedi


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11 Dec 2008

30700Cr as Fiscal Stimulus to prime sectors like housing, export,infrastructureand textiles is just 0.6 % of GDP

Govt to keep close watch on working of rating agencies Telecom companies keen to bid for 3G (third generation)radio frequencies but

facing shortage of fund can bank upon govt for fund The Central Bank has libeberallized its ECB policy to allow purchase of 3G

spectrum licence in India as one of the permitted use.

The forex inflow from tourist industry has gone down in November and is innegative territory for the first time in last five years Domestic Life insurer have infused RS 3000Cr of extra capital to bolster

business and maintain ability to pay claims. Min GMAT score for Iims is 722/800 much higher than 710 for harvard and 712

for Stanford for PGPX Future Mobile will be more of a computer says Anssi Vanloki VP Nokia Industry cancels 15% orders worth 3750 Cr for new ships Economy to grow 7.5% to 8% this fiscal. World economy to grow at about

2.3%. Will fed cut rate on Dec 16? Rates of Central BanK in all the countries?? Private Sector has 80% investment in our economy Psu Bank to step up Retail Lending BPO sector not in danger of job losses



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ADD 11 Dec 2008

Credit Rating Companies in India Mahindra-Renault tie up is under a cloud after Logan

Sales fail to pick up Wipro is asking some of its new IT recruits to join its

BPO arm Top Indian 5 Deals of M& A in the year 2008? Eg Fem

Care Pharma and Dabur India =$40.70M. Indias financial advisory Ranking top 5 eg CITI Mumbai attacks have brought the nation face-to-face

with wide loopholes in the basic governance

structure? Parles Frootie a food beverage in competition with

-----Real, ---------Tropicana,-----Priyagold.----------MinuteMaid and mazza

Indian farmers looses about 1200 cr to fake pesticide.Go in detail

Carbon credit TradingMarch 1, 2009 10Ranjan Dwivedi


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12 Dec 2008

Gehlot is CM Rajasthan 2nd Stimulas package soon Pak bans Jammat-ud-Dawa

PM inaugrates 1

st

3G network by receivingVedio call India gets a coastal command PM says Sorry to the nation RBI extends 9000Cr credit line to NHB and

EXIM Bank US House passes auto rescue plan of

$14Billion Duty Cut,Samsung,LG slash prices Indian M&A pick up stem in Nov. aboutMarch 1, 2009 11Ranjan Dwivedi


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Add 12Dec2008

Nasscom says that Scandinavia are calling ITprofessionals

Chinas milk scandal highlights an endemicproblem,that is the linkage between regulators andthe firms

RBI has sold dollors which has squeezed liquidity Unfettered capitalism is dead but crony capitalism is

alive and well CNN news coverage clip of Reasons for financial crises Understanding CSR

IMF has approved loans for Hungry($15.7BN) andUkraine($16.5BN) but not Iceland ($2.1BN)

TATA is creating a mall management entity throughits retail venture Trent

Transparency International corruption index ranking

indicate India is becoming a bit more corrupt.(leastcorrupted to max corrupted)March 1, 2009 12Ranjan Dwivedi

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Todays World WideCorporate Developments

PM inaugrates 1st 3G network by receiving Vedio call Nasscom says that Scandinavia are calling IT professionals

India's industrial growth has shrunk for the first time in more than a decadeas the country witnesses the fallout of the global credit crunch John Maynard Keynes introduced the concept of the paradox of thrift The concept

means that every body decides to save, consumer spending will fall, causing totaldemand to slump, along with total income , which will ultimately mean people willhave less to save

Mr Sunil Alagh MD Britannia Industries says this is particularly true in India wheredomestic consumption makes up 60% of GDP, because when the consumer startsspending the company starts investing

FMCG prices set for correction with inflation finally cooling off. IHCL to unveil new brand identity Viventa.It will be Viventa by T------ Tata to merge Corus to Cut UK cost. Merger will create worlds second largest steel

maker after----------. Total recruitment set to touch 45000 in major hiring by LIC,SBI,PNB HNI are scouting properties abroad. R BI has raised the remittance limit from $1 lacs

to $2 lacs Government may unveil housing sops today to invigorate t demand in housing sector U.S. policy makers are flooding the world with an extra $8.5 trillion through 23

different plans designed to bail out the financial system and pump up the economy. BOJ may go to ZERO bank rate (Vedio clip) . GM, Chrysler Failure Would Push U.S. Economy Deeper Into Abyss. A bankruptcy filing

by either company would mean production cuts and plant closings, and tens ofthousands of workers would be fired, industry analysts say. That would cause manysuppliers to collapse, triggering more job losses, straining the cities and states wherethe car and parts companies operate, as well as federal safety-net programs

Companieswelcomed the first economic stimulus last weekend but said it did notMarch 1, 2009 13Ranjan Dwivedi

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(28/16)Gold climbs to $829/ounce on weak

$ Sustained dollor selling by the banks and

exporters strengthened the INR on Mondayto close at 48.05

Crude oil above $48/barrel MBA of ISB Hyderabad Paper submitted

that increase in interest rate by 50 basispoint leads to immediate decline inconsumption expenditure by as much as

10%. Total outsourcing/offsourcing market is on

upswing India may manage to buck the global

recession largely based on the buyingpower of the bottom 80% of the population6Dec2008March 1, 2009 14Ranjan Dwivedi

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Mumbais advanced tax collectiongrowth dips

Reduced prices yet to trigger demanddue to uncertain consumer ,saddeled

with huge inventories dealers aredemanding compensation

Few foreign banks are riding on their

well heeled NRI clients to invest inIndian Mfbecause being Foreign bodycorporate cannot invest directly

MSME loans to be cheaper by 100basis16 March 1, 2009 15Ranjan Dwivedi

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Sensex O-9794 H-10009,L-9790,C-9977 Pharma and FMCG have a greater say in the

daily swings of the index A window for Opportunities---Companies that

are offering a recession proof career tocandidates areTelecom , IT,Outsourcing/Professional Services ,Retail , LifeSciences and Infrastructure

Constant awareness of what will disappear andwhat are the new growth area

Road Ahead-Corporate India working withgovernment on security. Organising Culture is defining success. Insurers serving cancellation notice to group

mediclaim policy holder

States seek aid of Rs20kcr for core and, socialsector7Dec2008


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Micro Finance Institutions are emerging as the next

asset class for PE funds where the risk level aremoderate to high. Attitude may matter more than talent says Warren

Buffet .Develop the art of not coming in your own wayand utilize whatever you have fully

IITians focus on rural India Revenue of the states from VAT fell by 19.9% in

November FDI flows dip 26% to $1.49b in October Sops to promote energy conservation Banks may share exporters derivatives lossess Pes eye food and agro based cos. Grab any offer coming your way: Pune B-School to

students 3G auctions limited to five players only because 3G

spectrum is limited. Value Retailers cut prices to lure buyers.7Dec2008March 1, 2009 17Ranjan Dwivedi

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Economic Termsof Corporate World

Satyam Computer is bracing up for a ostile takeover bid or a forced change of managementagainst $1.6b deal with Mayatas Properties.

Second fiscal stimulus for sops to automobile ,housing and steel sector

Corporate India and retail borrowers may soonget loan at cheaper rates and easer terms

If the ad is smart and the pruduct turns out bedud who is responsible? Law coming up.

Monetary policy should have been much moreproactive and aggressive than perhaps it hasbeen.

_______Maggi wont be kids stuff anymore and willbe advertising for Family healthy food.

Essel Group to invest Rs 350Cr in schools all overindia

How to stop non business surfing by employees8Dec2008March 1, 2009 18Ranjan Dwivedi

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Top ADS 1.Virgin Mobile 2.VodafoneCustomer care3.TVSFlame4.Sun Direct5.LuxSrawbery Cream

The ministry of MSME to set up 250 trainingcentres

Anil Agarwal Chairman Vidanta Group isEarnst and Youngs Entrepreneur of the

Year 2008

United States to the zero-rate policies thatJapan used for years in its own fight againstdeflation.

Crude $45 and Gold $846

Sensex17/12/2008O=10073;H=10073;L=9682;C=97158Dec2008March 1, 2009 19Ranjan Dwivedi

E i T
http://topics.nytimes.com/top/reference/timestopics/subjects/d/deflation_economics/index.html?inline=nyt-classifierhttp://topics.nytimes.com/top/reference/timestopics/subjects/d/deflation_economics/index.html?inline=nyt-classifier


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Lesson from Satayam Computer as Management Give priority to corporate governance for developing

the faith of employees , share holders , customers andall other stake holder.

Strategic Meltdown : Stringent disclosure norms canhelp establish a better corporate governance system.

But the moral crisis predicated by floundering ethicalnorms cannot be fully averted through regulatoryalone

Chanda Kochhar set be new CEO of _____. PTC(P_______Trading C_____) will now set up $1Bn PE

Fund Mukesh Ambani to integrate the core functions---HR,

Training,Commercial & IT Services of his $35 BillionConglomerate into one unit. Why?

Inflation slumps to 9-month low of 6.84% as per WPIfor the week ended December 6 ,2008

Auto Giants of US shutting down plants from Jan2009.9Dec2008



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SensexO=9710;H=10110;L=9633;C=10076Crude$43.23;Usd=46.95;Gold climbs $878

Despite OPEC cut ,oil falls to 4-year low. B-School Students come to develop elite social

networks and aquire a credential that help them

access a particular type of job Continuous up gradation of knowledge is required to

have an evergreen MBA Govt recently raised import duty from 0% to 5%.Why

should Govt fear steel imports

Banks may cut rates on FDs by 100basis points. The Government is considering an ordinance to get

more organization to join the EPFO(Employees__________Organization.

25million mobiles could be disconected, which do nothave IMEI Number(International Mobile EquipmentIdentity Number).9Dec2008



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What is Ponzi Scheme in Money market? The job scenerio has deteriorated over the last few

months but some sectors such as insurance andtelecom are still hiring

RBI remittance window raised from $25000 to

$200,000 can be used by the residents to open FDRwith overseas bank, buy property,donate orgift.support education and travel.

Close to 40 clients of ICICI have signed MOUs with theBank to resolve the derivatives accounts

ITC, Accor and some HNIs are in the race to aquireHotels of Unitech Chinese Handset without IMEI wont have to discard

the phones. Government mulls reimposing 10% CVD on ironbars

and structurals.

3Dec2008March 1, 2009 22Ranjan Dwivedi

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Consumer Electronics looks to Santa for sales boost.

Flip-flop on terror is not acceptable: US to Pakisthan.

Sonia Gandhi and Shahrukh have found place among 50 mostpowerful People of the World

Property developers says that the most of the enquires are comingfrom government employees

Corporate Governance???A set of processes, customs, policies , laws & institutions affectingthe way a corporation is directed, administrated or controlled. Italso includes the relationship among the many stakeholdersinvolved and the goals for which the corporation is governed.

Security firms and Architectural consultancies witness greatdemand .

Foreign grads eyeing jobs in India.

B-schools see rise in applications.

Companies keep staff motivated in this economic slowdown byregular meet and letters.

TCS and Infy offering Rs 3.15 lakh per annum to engg. Graduates3Dec2008March 1, 2009 23Ranjan Dwivedi


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Two qualities a CEO must have? Listening abilityand commitment

Vedanta Aluminium seeks 1200 acres from westbengal for its proposed greenfield plant in thestate.

The mumbai terror attack episode and globaleconomic slowdown has proven disastrous forIndian tourism that contributes 6% of our GDP.Policyholders and the media should act for thestakeholders.

Calling for scrapping of Bus rapid Transit(BRT)project in New-Delhi. Overcome mental recession Companies facing a situation similar to the

Boiling Frog Syndrome.

Ranbaxy plans to sell 3 overseas units3Dec2008March 1, 2009 24Ranjan Dwivedi


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Government considering proposal to liberlizeFDI in retail by allowing single brand retailerslike Diseal, spencer to dilute their stake in JVsin favour of ForeignPE firms.

To revive Jaguar and Land Rover Tata group is

investing $1 Bn(4700Cr) Fund Managers refuse to be tempted by surge

in stock prices. Insurance rates are set to rise for terrorism

cover

Regulators may be barred from core sectorproject. Glaxo(Horlics) drags Complan(Heinz India) over

claims in the aids of nutrition value. Vishal Retail ties up with mother Dairy for fruit

and vegetables biz Global Brand face rough weather but desi brand4Dec2008March 1, 2009 25Ranjan Dwivedi


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Sensex MondayO=10102H=10173L=9894C=9928;Gold=846$Oil =$43; 1$=48.01Rs

Why USD Strengthening inspite of recession in

in USA Paul Krugman difference between Liquiditycrunch and solvency.

Dalal Street; Wall Street; Main Street Cairn India makes new oil and gas discovery in

Rajasthan Dimond units of Surat asked to resume

opeeration. Toyota sees first operational loss of $1.7Bn in

last 70 Yr history. BOIBOB,Canara Bank follow SBI and slash PLR24Dec2008March 1, 2009 26Ranjan Dwivedi


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HCL Info oens development anddesigning centre at Jaipur

Three major undersea cableSeaMeWe4,SeaMe3 and Reliance FlagEuro Asia Cable were damaged due toseismic activity.

Marital status,Educational Qualification,Job Stability,Employer Profile alsoconsidered in personal Loan

SOIL(School of Inspired leadership) tobe set up in Gurgoan by AnilSachdeva-founder Grow Talent.

Cos go high tech to cut cost and save24D 2008March 1, 2009 27Ranjan Dwivedi

corporate terminology

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