economics term review

Freudenberg, Thermax form filtration partnership in IndiaFiltration Industry Analyst . Oxford: Oct 2010. Vol. 2010, Iss. 10; pg. 4

Abstract (Summary)

Freudenberg Filtration Technologies has entered into a partnership with Thermax, an Indian energy and environmental technology company, to jointly offer filtration and cooling solutions for large gas turbines and compressors for the energy, petrochemical, iron, steel and other sectors. [PUBLICATION ABSTRACT]

Indexing (document details)

Document types:

NWS

Publication title:

Filtration Industry Analyst . Oxford: Oct 2010. Vol. 2010, Iss. 10; pg. 4

Source type: Periodical

ISSN: 13656937

ProQuest document ID:

2178538901

DOI: 10.1016/S1365-6937(10)70293-8

Document URL:

http://proquest.umi.com/pqdweb?did=2178538901&sid=2&Fmt=2&clientId=129893&RQT=309&VName=PQD

Corporate Social Responsibility: A Developmental Tool for IndiaAnupam Ghosh, Chhanda Chakraborti. IUP Journal of Corporate Governance. Hyderabad: Oct 2010. Vol. 9, Iss. 4; pg. 40, 17 pgs

Abstract (Summary)

After discussing the various changes that the concept of Corporate Social Responsibility (CSR) has undergone since its inception, this paper focuses on a relatively new proposal by the United Nations (UN) called 'Global Compact' (GC) and 'Millennium Development Goals' (MDGs) to reshape Corporate Social Responsibility (CSR) as a tool for national and

international development and its applicability in the Indian context. This study also critically analyzes the CSR initiatives adopted by Tata Steel Ltd in the light of this approach to CSR as a developmental tool. The data analysis is based on auditor's annual report and the CSR reports of Tata Steel Ltd. Rural Development Society (TSRDS) from 1990 to 1998 (post liberalization in India). The analysis ends with the conclusion that Tata Steel Ltd's CSR activities implicitly follow the MDGs of the UN as a developmental tool for Jharkhand. These CSR activities (which are well-structured following the MDGs) act like tools for development and try to fill the developmental gaps of the Government. [PUBLICATION ABSTRACT]


Subjects: Social responsibility, Steel industry, Economic development, Studies

Classification Codes

9179 Asia & the Pacific , 2410 Social responsibility , 8660 Metalworking industry, 1120 Economic policy & planning , 9130 Experiment/theoretical treatment

Locations: India

Companies: Tata Iron & Steel Co Ltd (NAICS: 331111 )

Author(s): Anupam Ghosh, Chhanda Chakraborti

Document types:

Feature

Document features:

Tables, Graphs, References

Publication title:

IUP Journal of Corporate Governance. Hyderabad: Oct 2010. Vol. 9, Iss. 4; pg. 40, 17 pgs


ISSN: 09726853


2170212601

Text Word Count

6635

Document URL:


An outlook into energy consumption in large scale industries in India: The cases of steel, aluminium and cement

Monica Dutta, Saptarshi Mukherjee. Energy Policy. Kidlington: Nov 2010. Vol. 38, Iss. 11; pg. 7286

Abstract (Summary)

All the growth-oriented sectors in a developing economy consume enormous energy in their production processes. Steel, aluminium and cement are the key manufacturing industries in India which provide inputs to various other sectors such as construction, transportation, power transmission, etc. As a result, their demand is consistently rising. These industries are heavily energy-intensive and use raw materials such as iron ore, coal, electricity, steam, and fuel oil, whose supply can act as severe production constraints over a period of time and can hinder sustainable development. Hence it becomes imperative for these industries to continuously innovate more energy efficient techniques. This paper makes a foray into the energy demand for these industries and explores the potential of any future reduction in their energy consumption. The paper offers a projection scenario for 2001-2031 (based on the MARKAL Modeling exercise for India) for possible catching up in reduction in energy consumptions in these sectors under alternative situations. The analysis suggests the existence of some plausible energy efficiency enhancing techniques in these industries. Exploring these options will definitely ensure cost effectiveness and competitiveness of these three key sectors in the global market. [PUBLICATION ABSTRACT]


Subjects: Studies, Sustainable development, Energy efficiency, Developing countries--LDCs, Models, Metal industry , Cement industry


9130 Experiment/theoretical treatment , 9179 Asia & the Pacific , 1540 Pollution control , 5150 Energy management , 8600 Manufacturing industries not elsewhere classified

Locations: India

Author(s): Monica Dutta, Saptarshi Mukherjee

Document types:

Feature

Publication title:

Energy Policy. Kidlington: Nov 2010. Vol. 38, Iss. 11; pg. 7286


ISSN: 03014215


2180866491

Document URL:


Striving for the CMADevendra Singh. Strategic Finance. Montvale: Sep 2010. Vol. 92, Iss. 3; pg. 64, 1 pgs

Abstract (Summary)

The author moved from India to Saudi Arabia at the beginning of 2007 to become a senior accountant in one of the steel forging factories there. Immediately after he took the job, the finance department's manager left the organization, and he was assigned the responsibility of the finance department. After taking charge, he realized that the position involved a mix of financial and managerial skills rather than pure financial skills,so he decided to try to become a CMA (Certified Management Accountant). Unfortunately, during the fourth quarter of 2008, the worldwide recession started. Being in the steel industry and dependent on the oil and gas sector of Saudi Arabia, his company was severely affected and retrenched 85% of the workforce, including him.


Subjects: Management accountants, Appointments & personnel changes, Managerial skills, Recessions


9178 Middle East , 2200 Managerial skills , 4110 Accountants , 1110 Economic conditions & forecasts

Locations: Saudi Arabia

Author(s): Devendra Singh

Document types:

Commentary

Section: IMA life

Publication title:

Strategic Finance. Montvale: Sep 2010. Vol. 92, Iss. 3; pg. 64, 1 pgs


ISSN: 1524833X


2140276061

Text Word Count

507

Document URL:


Benchmarking environmental performance: five leading steel mills in IndiaM. Ruhul Amin, Sharmistha Banerjee. Benchmarking. Bradford: 2010. Vol. 17, Iss. 3; pg. 378

Abstract (Summary)

Purpose - The purpose of this paper is to review general applications of the ISO14001 certification process and show how limitations such as ensuring minimum environmental performance standard, public access to performance information, and peer benchmarking may be overcome by voluntary commitment to attainable standards by association of specific industries. Design/methodology/approach - A replicable environmental performance (weighted) index was developed by the authors. Secondary data obtained from five (public and private) steel mills provided technical data under voluntary compliance standards. Primary data on non-technical items of performance index were collected. The index was tested to demonstrate peer benchmarking process. Findings - ISO 14001 certification cannot serve as an end in itself for industries as peer companies under voluntary compliance may exceed environmental performance. Minimum acceptable environmental standards could be enforced through industry-wide consensus. Public access to performance indicators can be ensured under a voluntary mandate; peer benchmarking may allow for competitive goal setting. The model proposed could be gainfully replicated particularly in developing countries. Research limitations/implications - The weighted index used in the paper could be further expanded to include additional non-technical items such as occupational employee health and R&D expenditure of plants on environmental management system. Practical implications - Peer benchmarking should allow for competitive goal setting for continuous improvement. The weighted index could be replicated for other industries in India. This index with minor adjustment, if needed, could be used in other countries and by industries already certified by ISO 14001 standards for peer benchmarking toward continuous improvement. Originality/value - The weighted index is the original contribution. It is likely to make definitive contribution to the literature of environmental performance measurement. It also makes a contribution to the benchmarking literature in general and to peer benchmarking in particular. The paper not only shows the limitation of ISO 14001 standards but demonstrates how to overcome the limitations toward the competitive goal setting and continuous improvement of performance by the benchmarked industries. [PUBLICATION ABSTRACT]


Subjects: Studies, Steel industry, Environmental management, Benchmarks, International standards


1540 Pollution control , 8660 Metalworking industry , 9130 Experimental/theoretical

Author(s): M. Ruhul Amin, Sharmistha Banerjee

Document types:

Feature

Document features:

References, Tables, Equations

Publication title:

Benchmarking. Bradford: 2010. Vol. 17, Iss. 3; pg. 378


ISSN: 14635771


2039321541

Text Word Count

6595

DOI: 10.1108/14635771011049353

Document URL:


Transition of the Indian steel industry into the twenty-first centuryAmit Chatterjee. Ironmaking & Steelmaking. London: 2009. Vol. 36, Iss. 7; pg. 491, 9 pgs

Abstract (Summary)

Over the last few years, the demand for coal has consistently outstripped supply (production has grown by 2% annually and demand at 8%). Against a demand of 354-3 Mt in 2001-02, the total supply was 327-8 Mt; in 2006-07 the demand was 473-2 Mt against supply of 431 5 Mt. Furthermore, in allocating the limited production, priority is given to the power sector.


Subjects: Steel industry, Growth industries , Transitions, Production capacity, Demand


9179 Asia & the Pacific , 8660 Metalworking industry , 5310 Production planning & control

Locations: India

Author(s): Amit Chatterjee

Document types:

Feature

Document features:

Graphs, Tables, Maps, Charts

Publication title:

Ironmaking & Steelmaking. London: 2009. Vol. 36, Iss. 7; pg. 491, 9 pgs


ISSN: 03019233


2014033651

Text Word Count

5843

Document URL:


Premiere IndustriesKannan Nilakantan, Ruchir Gupta, Ankur Kale. International Journal of Case Studies in Management (Online). Montréal: Feb 2010. Vol. 8, Iss. 1; pg. 1, 23 pgs

Abstract (Summary)

"Premiere Industries" is the fictional name of a very real company that manufactures cold-rolled steel products. The three authors of this case, Kannan Nilakantan, Ruchir Gupta and Ankur Kale, all from India, are interested in the crucial importance of production efficiency in a highly competitive market. To illustrate their point, they demonstrate how poor coordination in the area of production leads to poor performance at the plant level. Conversely, the case also shows how the company, which must deal with fixed prices for its base materials on the one hand, and fierce competition in the price of final products on the other, can apply quantitative methods and techniques to ensure operational efficiency and, in doing so, stay competitive. [PUB ABSTRACT]


Subjects: Competitive advantage, Efficiency, Production controls, Production management, Production planning, Steel products


8660 Metalworking industry , 5310 Production planning & control

Author(s): Kannan Nilakantan, Ruchir Gupta, Ankur Kale

Document types:

Feature

Document features:

Diagrams, Tables

Language: Frenc

Publication title:

International Journal of Case Studies in Management (Online). Montréal: Feb 2010. Vol. 8, Iss. 1; pg. 1, 23 pgs


ISSN: 19112599


1998504441

Text Word Count

4587

Document URL:


Characterization of corrosive bacterial consortia isolated from petroleum-product-transporting pipelinesAruliah Rajasekar, Balakrishnan Anandkumar, Sundaram Maruthamuthu, Yen-Peng Ting, Pattanathu K S M Rahman. Applied Microbiology and Biotechnology. Berlin: Jan 2010. Vol. 85, Iss. 4; pg. 1175

Abstract (Summary)

Microbiologically influenced corrosion is a problem commonly encountered in facilities in the oil and gas industries. The present study describes bacterial enumeration and identification in diesel and naphtha pipelines located in the northwest and southwest region in India, using traditional cultivation technique and 16S rDNA gene sequencing. Phylogenetic analysis of 16S rRNA sequences of the isolates was carried out, and the samples obtained from the diesel and naphtha-transporting pipelines showed the occurrence of 11 bacterial species namely Serratia marcescens ACE2, Bacillus subtilis AR12, Bacillus cereus ACE4, Pseudomonas aeruginosa AI1, Klebsiella oxytoca ACP, Pseudomonas stutzeri AP2, Bacillus litoralis AN1, Bacillus sp., Bacillus pumilus AR2, Bacillus carboniphilus AR3, and Bacillus megaterium AR4. Sulfate-reducing bacteria were not detected in samples from both pipelines. The dominant bacterial species identified in the petroleum pipeline samples were B. cereus and S. marcescens in the diesel and naphtha pipelines, respectively. Therefore, several types of bacteria may be involved in biocorrosion arising from natural biofilms that develop in industrial facilities. In addition, localized (pitting) corrosion of the pipeline steel in the presence of the consortia was observed by scanning electron microscopy analysis. The potential role of each species in biofilm formation and steel corrosion is discussed. [PUBLICATION ABSTRACT]


Subjects: Studies, Bacteria, Biofilms, Microbiology, Microorganisms, Ribonucleic acid--RNA, Pipelines, Petroleum

MeSH subjects: Alkanes, Bacteria -- classification, Bacteria -- genetics, Bacteria -- isolation & purification (major), Biodegradation, Environmental, Biofilms, Corrosion, DNA, Bacterial -- genetics, DNA, Ribosomal -- genetics, Extraction & Processing Industry --

instrumentation, India, Industrial Microbiology (major), Petroleum -- microbiology (major), Phylogeny, RNA, Bacterial -- genetics, RNA, Ribosomal, 16S -- genetics, Steel -- chemistry , Transportation (major)


9130 Experimental/theoretical , 9179 Asia & the Pacific , 5400 Research & development, 8510 Petroleum industry

Locations: India

Author(s): Aruliah Rajasekar, Balakrishnan Anandkumar, Sundaram Maruthamuthu, Yen-Peng Ting, Pattanathu K S M Rahman

Document types:

Feature, Journal Article

Publication title:

Applied Microbiology and Biotechnology. Berlin: Jan 2010. Vol. 85, Iss. 4; pg. 1175


ISSN: 01757598


1942786681

Text Word Count

7509

DOI: 10.1007/s00253-009-2289-9

Document URL:


Spatial and temporal variation of mercury load in surface water and sediments around an integrated steel plant in IndiaAnubhuti Koshle, Yasmeen Pervez, Shamsh Pervez. Environmentalist. Lausanne: Dec 2009. Vol. 29, Iss. 4; pg. 421

Abstract (Summary)

Coal burning in the steel industry is the chief source of mercury presence in surrounding environment. About 20 water-storage ponds and three natural water streams are located in adjoining areas of an integrated steel plant in Bhilai, India. Hundreds of hospital admissions with chronic ailments due to hazardous emissions from the steel industry are frequently reported. Many of these ailments are related to reported mercury-poisoning diseases. Measurements of mercury levels in various environmental matrices around this industrial area was started early in the 1990s. From 1990-1995, few environmental samples were analyzed for mercury content but from 1995 onwards, comprehensive assessment of mercury load along with other toxic metals in various environmental matrices were begun. This work synthesizes and compares data of mercury in the surface water from three major field programs, in 1997, 2002, and 2006. The focus is on both spatial and temporal variation. In the present survey (2006), mercury levels are significantly higher compared to subsequent

surveys and have shown 10-18 times higher values compared to 2001 and 1997 surveys. The differences in Hg levels between downwind and other sites in three survey programs are found to be in order: 1997 > 2001 > 2006. Regression between water and sediment mercury levels has shown variation in correlation values and higher in winter season. [PUBLICATION ABSTRACT]


Subjects: Studies, Steel industry, Mercury, Industrial wastes, Water pollution, Sediments


9130 Experimental/theoretical , 8660 Metalworking industry , 1540 Pollution control , 9179 Asia & the Pacific

Locations: India

Author(s): Anubhuti Koshle, Yasmeen Pervez, Shamsh Pervez

Document types:

Feature

Document features:

References, Tables, Maps, Illustrations, Graphs

Publication title:

Environmentalist. Lausanne: Dec 2009. Vol. 29, Iss. 4; pg. 421


ISSN: 02511088


1902671091

Text Word Count

5310

DOI: 10.1007/s10669-008-9213-1

Document URL:


Setting manufacturing strategy for a company's international manufacturing networkJohn Miltenburg. International Journal of Production Research. London: 2009. Vol. 47, Iss. 22; pg. 6179

Abstract (Summary)

Manufacturing strategy is a plan for moving a company from where it is to where it wants to be. Determining the best manufacturing strategy is not easy because of the wide range of

choices and constraints a company faces. Manufacturing strategy frameworks or models are helpful because they identify the objects that comprise manufacturing strategy and organise these objects into a structure that enables a company to understand and use the objects to develop strategy. This paper examines a company's international manufacturing network. It identifies and examines six manufacturing strategy objects (generic international strategies, manufacturing networks, network manufacturing outputs, network levers, network capability, and factory types), linkages between objects, and the manufacturing strategy framework that follows from these objects and linkages. Then the paper applies the framework to the manufacturing networks of three companies in the global steel industry: Arcelor (Luxembourg), Mittal (India), and Dofasco (Canada). [PUBLICATION ABSTRACT]


Subjects: Studies, Manufacturing, Models, Steel industry, Globalization, Process planning


9130 Experiment/theoretical treatment , 9175 Western Europe , 9179 Asia & the Pacific, 9172 Canada , 8660 Metalworking industry , 5310 Production planning & control

Locations: Luxembourg, India, Canada

Author(s): John Miltenburg

Document types:

Feature

Publication title:

International Journal of Production Research. London: 2009. Vol. 47, Iss. 22; pg. 6179


ISSN: 00207543


1841071501

Document URL:


Domestic climate policy for the Indian steel sectorUmashankar Sreenivasamurthy. Climate Policy. London: 2009. Vol. 9, Iss. 5; pg. 517, 12 pgs

Abstract (Summary)

The problem of creating an appropriate domestic sectoral climate policy by emerging economy governments is examined through the case study of India's iron and steel sector. Unique circumstances and patterns exist in different sectors of emerging economies so a single international policy may be unable to reconcile subtle yet important country-specific

drivers. Shortcomings in the form of distortions could arise if policies are designed with a short time horizon. A fully integrated, long-term and well-planned domestic policy is required. The emergence of a strong domestic carbon price to guide sector expansion is identified as a key feature for such a framework. Additional support through international cooperation would help to gain the necessary political support while stabilizing the policy environment and facilitating substantial sectoral abatement. Policy relevance: Fuel savings and emissions reductions in India's steel sector can be delivered firstly by improving energy efficiency in existing and new plants, secondly by shifting to efficient production processes, and thirdly by using steel more efficiently as a component or by substituting low-carbon alternatives. The CDM only supports energy savings and emissions reductions from efficiency improvements in the production process, but cannot target the other two opportunities. Domestic policies, including improved product standards and carbon pricing, can create broader benefits for the Indian economy and global climate. However, to achieve domestic support for these measures, international cooperation and coordination are necessary. A key question is how support can be structured without providing subsidies for the production of a carbon-intensive commodity. [PUBLICATION ABSTRACT]

References

References (26)


Subjects: Steel industry, Studies, Energy efficiency, Emissions, Technological change, Sustainable development, Research & development--R&D, Objectives, Developing countries--LDCs, Capital investments

Author(s): Umashankar Sreenivasamurthy

Document types:

Feature

Document features:

Charts, Graphs, Illustrations, Tables, References

Section: country study

Publication title:

Climate Policy. London: 2009. Vol. 9, Iss. 5; pg. 517, 12 pgs


ISSN: 14693062


1871882461

Text Word Count

4468

Document URL:


Liquidity, Risk and Profitability Analysis: A Case Study of Steel Authority of India LimitedR D Saini, Prakash Sharma. ASBM Journal of Management. Bhubaneswar: 2009. Vol. 2, Iss. 2; pg. 64, 12 pgs

Abstract (Summary)

The study, based on different measures, reveals that the overall liquidity position of Steel Authority of India Limited was satisfactory. Although the behaviour patterns of the different indices indicate the sound liquidity management of the company, yet recommendations based on findings are offered to improve certain factors like reduction in current assets through maintaining its optimum level, prompt recovery of debts through the preparation of periodical reports of the overdue, maintaining a definite proportion among the various components of working capital on the basis of past experience and strengthening the cash position through reducing the level of investment in inventory and collecting what is outstanding properly. There was a very high degree of positive correlation between liquidity and profitability, reflecting the favourable effect of liquidity on profitability. There was a negative association between the risk and profitability. The high degree of aggressive policy adopted by SAIL has made a negative impact on its profitability. [PUBLICATION ABSTRACT]


Subjects: Studies, Steel industry, Liquidity, Profitability, Impact analysis, Current assets


8660 Metalworking industry , 9130 Experiment/theoretical treatment , 9179 Asia & the Pacific

Locations: India

Companies: Steel Authority of India Ltd (NAICS: 331111 )

Author(s): R D Saini, Prakash Sharma

Document types:

Feature, Case Study

Document features:

References, Tables

Publication title:

ASBM Journal of Management. Bhubaneswar: 2009. Vol. 2, Iss. 2; pg. 64, 12 pgs



2061379111

Text Word Count

4258

Document URL:

http://proquest.umi.com/pqdweb?did=2061379111&sid=2&Fmt=2&clientId=129893&RQT=309&VName=

PQD

Development of material trajectory simulation model for blast furnace compact bell-less topS Nag, V M Koranne. Ironmaking & Steelmaking. London: 2009. Vol. 36, Iss. 5; pg. 371, 8 pgs

Abstract (Summary)

The mathematical model can predict the influence of chute inclination angle on the radial landing position(s) of coke and metallics at a given stock level. Figure 7 compares the experimentally observed landing positions of coke with the theoretical predictions as a function of chute inclination angle. Figure 8 presents corresponding results for sinter. The two sets of data in either figure represent two different stock levels (5-35 and 4-35 m below the hinge point of chute).


Subjects: Studies, Furnaces, Mathematical models, Metalworking industry


9130 Experiment/theoretical treatment , 8660 Metalworking industry , 9179 Asia & the Pacific

Locations: India


Author(s): S Nag, V M Koranne

Document types:

Feature

Document features:

Diagrams, Graphs, Equations, References

Publication title:

Ironmaking & Steelmaking. London: 2009. Vol. 36, Iss. 5; pg. 371, 8 pgs


ISSN: 03019233


2014029101

Text Word Count

3110

Document URL:

http://proquest.umi.com/pqdweb?did=2014029101&sid=2&Fmt=2&clientId=129893&RQT=309&VName=

PQD

ERP IMPLEMENTATION IN TATA STEEL: FOCUS ON BENEFITS AND ROISanjay Kumar, Anurag Keshan. Journal of Information Technology Case and Application Research. Marietta: 2009. Vol. 11, Iss. 3; pg. 94, 10 pgs

Abstract (Summary)

An Enterprise Resource Planning system is a packaged business software system that allows a company to: 1. automate and integrate the majority of its business processes, 2. share common data and practices across the entire enterprise, and 3. produce and access information in a real-time environment. The system is able to use various interfaces to capture the flow of goods, information and funds across the process. ERP implementation is a complex and multi-dimensional process and is suited to an interdisciplinary approach with softer elements like change management being used with more technical tasks, like system integration and data migration. Maintenance reduction may be attributed to preventive maintenance and reliability based approach to maintenance rather than to ERP systems implementation, even though the manager may use the system to monitor the machine assets and use the data to develop a reliability centered approach to maintenance.

References

References (44)


Subjects: Enterprise resource planning, Return on investment, Information systems, Advantages, Technology adoption, Steel industry, Case studies


5310 Production planning & control , 5240 Software & systems , 8660 Metalworking industry , 9110 Company specific

Locations: India


Author(s): Sanjay Kumar, Anurag Keshan

Document types:

Feature

Document features:

Diagrams, Tables, References

Publication title:

Journal of Information Technology Case and Application Research. Marietta: 2009. Vol. 11, Iss. 3; pg. 94, 10 pgs


ISSN: 15228053


1876864581

Document URL:


ERP IMPLEMENTATION IN TATA STEEL: FOCUS ON BENEFITS AND ROISanjay Kumar, Anurag Keshan. Journal of Information Technology Case and Application Research. Marietta: 2009. Vol. 11, Iss. 3; pg. 68, 26 pgs

Abstract (Summary)

The case deals with the implementation of ERP systems in a major steel plant in India. The case covers the following three phases: Phase 1: SAP implementation in the Order generation and fulfillment process. Period 1998-1999 to 1999-2000. Phase 2: SAP implementation in the entire plant covering the finance and accounts, procurement, materials management and costing functions. Phase 3: ERP audit and benefits evaluation for enhancement of the ERP systems period 2003 to 2005-2006. The case focuses on the need for the ERP implementation, the goals for ERP implementation at each stage, the actual implementation of the ERP system in each phase, and the actual benefits achieved by the company as evaluated during the audit process. The ERP audit and ROI calculation was done so that the IT department could get approval of fresh investment required for implementation of Advanced Planning Systems for Supply Chain Management and also for ERP upgradation.


Subjects: Case studies, Return on investment, Project management, Technology adoption, Information systems, Steel industry, Enterprise resource planning


9110 Company specific , 9179 Asia & the Pacific , 3100 Capital & debt management, 5240 Software & systems , 8660 Metalworking industry , 5310 Production planning & control

Locations: India


Author(s): Sanjay Kumar, Anurag Keshan

Document types:

Feature

Document features:

Graphs, Diagrams, Tables, References

Publication title:

Journal of Information Technology Case and Application Research. Marietta: 2009. Vol. 11, Iss. 3; pg. 68, 26 pgs


ISSN: 15228053


1876864571

Document URL:


India's outward foreign direct investments in steel industry in a Chinese comparative perspectiveNagesh Kumar, Alka Chadha. Industrial and Corporate Change. Oxford: Apr 2009. Vol. 18, Iss. 2; pg. 249, 19 pgs

Abstract (Summary)

Indian and Chinese enterprises have emerged as important outward investors in recent times with their involvement in a number of prominent Greenfield investments and acquisitions. The theory of international business posits that the ownership of some unique advantages having a revenue-generating potential abroad combined with the presence of internalization and locational advantages leads to outward foreign direct investment. Conventional multinational enterprises (MNEs) based in the industrialized countries have grown on the strength of ownership advantages derived from innovatory activity that is largely concentrated in these countries. It examines the case of the steel industry that has become an important sector of overseas activity for Chinese and Indian companies with a string of major acquisitions of foreign MNEs for acquiring footprints and natural resources in order to identify the sources of ownership advantages and strategies of outward investments from emerging countries. [PUBLICATION ABSTRACT]


Subjects: Studies, Steel industry, Foreign investment, Comparative analysis, Multinational corporations


9130 Experimental/theoretical , 9179 Asia & the Pacific , 8660 Metalworking industry , 1300 International trade & foreign investment, 9510 Multinational corporations

Locations: India, China

Author(s): Nagesh Kumar, Alka Chadha

Document types:

Feature

Document features:

References, Tables

Publication title:

Industrial and Corporate Change. Oxford: Apr 2009. Vol. 18, Iss. 2; pg. 249, 19 pgs

Supplement: Special Issue: The Internationalization of Chinese and


ISSN: 09606491


1672024061

Text Word Count

6906

DOI: 10.1093/icc/dtp004

Document URL:


Tata Group: Transforming the Sleeping ElephantSubir Sen. IUP Journal of Business Strategy. Hyderabad: Mar 2009. Vol. 6, Iss. 1; pg. 31, 15 pgs

Abstract (Summary)

This paper revolves around the turmoil that shook the very foundations of the Tata group when Ratan Tata was alleviated as the chairman of Tata Sons in 1991. Since its inception in 1875, the group has consistently displayed rare strategic talent by becoming pioneers in industries such as steel, hotels, power, insurance and airlines. As of today, it is the largest diversified business group in India. The group is respected for its philanthropic activities and is also known for distancing itself from political interference. Therefore, during the days of the license raaj, when most groups were diversifying aggressively, the Tatas were hibernating. As a result, during the 1970s and 1980s, the groups growth rate slowed down and relatively younger business groups like Reliance overtook the top position from the Tatas that they had maintained for decades. When Ratan Tata became the group chairman, he again expressed his intent to diversify into emerging industries given the relatively free environment of the 1990s. The powerful satraps vehemently protested. In fact, the entire unity of the group was at stake. However, against popular pessimism, Rata Tata displayed rare managerial talent in restructuring the group, regain its lost glory and took it to a higher level. [PUBLICATION ABSTRACT]

References

References (7)


Subjects: Diversified companies, Strategic planning, Business growth, Corporate profiles, Reorganization


9179 Asia & the Pacific , 9110 Company specific , 9530 Diversified companies, 2310 Planning

Locations: India

Companies: Tata Group (NAICS: 551112 )

Author(s): Subir Sen

Document types:

Feature

Document features:

References, Tables

Publication title:

IUP Journal of Business Strategy. Hyderabad: Mar 2009. Vol. 6, Iss. 1; pg. 31, 15 pgs


ISSN: 09729259


1948666371

Text Word Count

7213

Document URL:


economics term review

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