success and failure stories of family owned business houses in india
TRANSCRIPT
FAMILY OWNED BUSINESS HOUSEBISHAL NAG (PGPBM-B)
BUSINESS HOUSES
TATA GROUPRELIANCE INDUSTRIESADITYA BIRLA GROUP
GENESIS (1868-1932) The foundation of
the Tata Group was laid in 1868 by Jamsetji Nusserwanji Tata. The Headquaters of Tata Group is situated in Mumbai,
Maharashtra. Tata Group was firstly established
as a trading company.
Jamshetji Tata
Pioneers
Jamshetji Tata (1887–1904) Sir Darob Tata (1904-1932) Nowroji Sakatwala(1932-1938)
J.R.D Tata (1938-1991) Ratan Tata (1991-2012) Cyrus Mistry (2012-Present)
RISE OF CLAN
In 1877, The Central India Spinning, Weaving and Manufacturing Company was established in Nagpur. This was the first of the big industrial project undertaken by the Tata Group.
1877
In 1892, Jamsetji Tata established the JN Tata Endowment to encourage Indian scholars to take up higher studies. It was the first of a multitude of philanthropic initiatives.
1892
1903
In 1903, under Jamshetji Tata the most dazzling personality of Tata group, Taj Mahal Hotel was build in Bombay.
1907
The Tata Iron and Steel Company (now Tata Steel) was established to set up India's first iron and steel plant in Jamshedpur in the year 1907. The plant started production in 1912.
Consolidation (1932-1989)
The Tata group ventured into new areas and built on the foundations, in spite of the restriants imposed by a controlled economy.
Expansion (1990 onwards)
The liberalisation of Indian economy unleashed a period of remarkable growth for Tata group, in India and worldwide.
And Many More…
FALSE STEP
TATA NANO
• Land acquisition controversy Bengal government forcefully acquired agricultural land to entice tata to set up manufacturing unit.Mamta banergee’s entry and Tata’s exitFarmers of singur, with the support of TMC,force tata to move out.
Speed breaker – Nano on fire!
Reliance industries is a Flan the year1966.It is Headquartered in Mumbai, Maharashtra. Reliance industries is a Flagship company of Reliance group
founded by Dhirubhai Ambani in the year1966. It is Headquartered in Mumbai, Maharashtra. largest private sector enterprise in India, with businesses in the energy and materials value chain. The largest polyester yarn and fibre producer in the world. Top five to ten producers in the world in major petrochemical
products.
GENESIS
MUKESH D AMBANIChairman & MD
Nita M. Ambani
Hital R. Meswani Nikhil R. Meswani P.M.S. Prasad P.K. Kapil R.A. Mashelkar Adil Zainulbhai
Mansingh L. Bhakta
Dipak C. Jain Dharam Vir Kapur
Yogendra P. Trivedi
Ashok Misra Raminder S. Gujral
Board of Directors
RISE OF CLAN
1940 – 1980
The company was co-founded by Dhirubhai Ambani and his
brother Champaklal Damani in 1960s as Reliance Commercial
Corporation
In 1975, company expanded its business into textiles, with "Vimal" becoming its major brand in later
years.
1981 – 2000
In the year 1995–96, the company entered
the telecom industry through a joint venture with NYNEX, USA
and promoted Reliance Telecom Private Limited in India
In 1998–99, RIL introduced packaged LPG in 15 kg cylinders under the brand name Reliance Gas.During 1998–2000,
the company completed setup of integrated petrochemical complex
at Jamnagar in Gujarat
2001 – present
In 2001, Reliance Industries Ltd. and Reliance Petroleum Ltd. became India's two largest companies in terms of all major financial parameters.In 2001–02, Reliance
Petroleum was merged with Reliance Industries. In 2012, RIL set up a joint venture with Russian Company Sibur.for setting up a Butyl rubber plant inJamnagar, Gujarat. The plant is scheduled to be operational in 2015
FALSE STEP
Reliance's failed bid to win LyondellBasell could have put India's richest man firmly on track to becoming the world's richest man
THE DEAL
The government has slapped an additional penalty of $792 million on Reliance Industries Ltd (RIL) for producing less than targeted natural gas from its eastern offshore KG-D6 block
PENALTY
GENESISAditya Birla Group started in 1857. Shiv Narayan Birla started cotton trading operations in the small town of Pilani in Rajasthan. Ghyanshyamdas Birla (GD birla)-1919-he set the manufacturing company. Grandson of G.D.Birla is Aditya Vikram Birla (A.V.Birla)-1964 Son of A.V.Birla is Kumar Mangalam Birla(K.M.Birla)-1995. Headquartered in Mumbai. Operates in 33 countries with more than 1,33,000 employees worldwide. US$ 35 billion conglomerate which gets 60 % of its revenues from outside India.
Baldeo Das Birla
Rameshwar Das Birla
Gajanan
Ashok
Yashovardhan Birla
Madhav Prasad Birla
Jugal Kishore Birla
Ghyansham Das Birla
Lakshmi Niwas
Sudarshan
Siddharth
Krishna Kumar Birla
Basant Kumar Birla
Aditya Vikram Birla
Kumar Mangalam Birla
Braj Mohan
Ganga Prasad Birla
CK Birla
Family Tree
RISE OF CLAN
1857-1988
The foundation of the Birla Group of Companies is laid by Seth Shiv Narayan Birla – cotton trading operations commence at Pilani, Rajasthan and independence marked the commencement of Grasim
Hindalco is incorporated.Joint venture with Hindustan Petroleum Corporation Ltd (to set up a three-million-ton refinery, Mangalore Refineries and Petrochemicals Ltd.
2000-Present
Indian Rayon acquired Madura Garments. The Group's cement business was earlier
under Grasim Industries and UltraTech Cement. The two entities have now been
merged into UltraTech Cement to form India's largest cement company. UltraTech Cement
was acquired from L&T in 2004.
Aditya Birla Group is the majority shareholder of Idea Cellular.Idea Cellular was
started as a joint venture with the group, AT&T and the Tata Group. After
an IPO on the Indian stock markets, Idea Cellular now accounts for a third of the
group's market capitalization. The company is headquartered in Mumbai.
FALSE STEP
DISSATISFACTION
Moneylife Foundation has been receiving complaints from its members that they are not receiving their fixed deposit maturity
amounts from two Yash Birla Group companies namely Zenith Birla (India) and
Birla Power Solutions
ABORT
Recently, the Chennai-based Apollo Hospitals called off its joint venture with the Yash Birla Group, citing delays in obtaining approvals. Interestingly, fixed deposits-related issues
plagued Zenith Birla (India) and Birla Power Solutions. The latter had problems paying its
tax dues as well.