3rd Annual Conclave set to vote India's Most Valuable Financial Advisory & Stock Brokerage Company 2012
India Infoline, Bonanza Portfolio, Karvy Group & Angel Broking are in the race to the coveted Award at 3rd Annual India Leadership Conclave & Awards 2012
Maharashtra, Mumbai, 9th March 2012: The Stock Market is the one which interest all of the investors, companies, stakeholders etc as one approaches to make a longtime & short time investments. Over the last 5 years or so, India has witnessed many Financial Advisor Firms & Stock Brokerage Companies primarily to encash on the success of India’s stable economic growth in key sectors. These are the Companies which also act as the front companies to give advice to the customers on where to invest money through their network, so in a way, they can definitely make or break a company’s stock in the volatile market place. Brokerage is one of the most important things which one should see before becoming a customer of any broker. This is one thing which will decide the amount of profit one is making and in the long run in & secondly one must see what the type of user interface provided is. In this context, the organizers of Indian Affairs India Leadership Conclave 2012 Business Leadership Awards scheduled to be held on 6th April, Friday, at Hotel Lalit, Bengaluru, India, the four serious contenders who are eying for this coveted Awards are India Infoline, Bonanza Portfolio, Karvy Group & Angel Broking for the coveted & prestigious India's Most Valuable Financial Advisory & Stock Brokerage Company. While India Infoline is the oldest players & has established its presence with a huge network, others such as Bonanza, Angel Broking & Karvy too have strong presence & are constantly increasing their mark as Leading Indian stock broking firms are losing their market share due to the increased share of the options segment in the overall market volume and competition from new foreign players. Needless to add The entry of new foreign players like Barclays, Standard Chartered and Espirito Santo is also expected to eat into the market share of leading Indian brokerages, industry. The share of the options segment in the total equity market turnover increased to 72.68 per cent in the quarter ended March 31 from 54.67 per cent in the year-ago quarter.
Bonanza Portfolio Limited operates as a financial services and brokerage company. It offers brokerage services in the areas of equity, indices, and commodity derivatives, as well as provides depository services. The company involves in fixed income products, such as IPO underwritings, mutual fund distribution, and insurance product distribution. It also offers investment and wealth management services, such as portfolio management and advisory, and structured trading product Established in the year 1994, Bonanza developed into one of the largest financial services and broking house in India within a short span of time. Today, Bonanza is the fastest growing financial service with 5 mega group companies under it. With diligent effort, acknowledged industry leadership and experience, Bonanza has spread its trustworthy expertise all over the country with pan-India presence across more than 1632 outlets spread across 521 cities. Bonanza is affiliated with the best in the industry – right from the NSE, BSE MCX, MCX-SX to CDSL, NSDL, ICEX and USE etc.
The India Infoline group, comprising the holding company, India Infoline Limited and its wholly-owned subsidiaries, straddle the entire financial services space with offerings ranging from Equity research, Equities and derivatives trading, Commodities trading, Portfolio Management Services, Mutual Funds, Life Insurance, Fixed deposits, GoI bonds and other small savings instruments to loan products and Investment banking. India Infoline also owns and manages the websites www.indiainfoline.com and www.5paisa.com The company has a network of 976 business locations (branches and sub-brokers) spread across 365 cities and towns. It has more than 800,000 customers. A network of over 2,500 business locations spread over more than 500 cities and towns across India facilitates the smooth acquisition and servicing of a large customer base. All its offices are connected with the corporate office in Mumbai with cutting edge networking technology. The group caters to a customer base of about a million customers, over a variety of mediums viz. online, over the phone and at our branches.
Karvy Stock Broking Limited provides stock broking and research advisory services in India. The company offers portfolio analysis, depository participant, and financial planning and management services for individuals and institutional clients. It also provides a monthly magazine, Finapolis, which provides up-dated market information on market trends, investment options, and opinions. The company was founded in 1990 and is based in Hyderabad, India. Karvy Stock Broking Limited operates as a subsidiary of Karvy Consultants Limited.
Angel Broking's tryst with excellence in customer relations began in 1987. It has emerged as one of the most respected Stock-Broking and Wealth Management Companies in India. With its unique retail-focused stock trading business model, Angel is committed to providing ‘Real Value for Money’ to all its clients. The Angel Group is a member of the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and the two leading Commodity Exchanges in the country: NCDEX & MCX. Angel is also registered as a Depository Participant with CDSL. Angel has Registered Sub Broker base of 9650 and Retail client base of 7.5 lacs. It specializes in Equity Trading, Commodities,Portfolio Management Services, Mutual Funds, Life Insurance, IPO etc
The Award presentation will be held on 6th April in Bengaluru where the Award for India's Most Valuable Financial Advisory & Stock Brokerage Company 2012 will be declared.
Thursday, March 8, 2012
Wednesday, March 7, 2012
E-Commerce & Innovation Led Financial Facilitators Drive Key markets in India, Leadership Conclave 12
E-Commerce & Innovation Led Financial Facilitators Drive Key markets in India, Leadership Conclave 12
E-Billing Solutions , Itz Cash Card, Jasper Infotech & STAR CJ Network are top contenders for India’s Most Valuable E-Commerce Company of the year at 3rd Annual India Leadership Conclave & Awards 2012
Maharashtra, Mumbai, 7th March 2012: If the two outgoing decades of 90’s & 2000’s were the decades of free economy, increasing trade, industry, commerce & exposure to globalization, clearly the decade of 2010 & the ongoing decade is the decade of internet revolution & the power of digital revolution marked by innovation in trade through e-commerce & corporate branding through smart cards, pay coupons & credit cards. It is no wonder that the entry of large number of players in the internet market & E-commerce has increased abysmally & instead of shopping in physical cash, the customers of today’s world have shown great degree of interest in booking their items, goods through the E-Commerce Companies. Influenced primarily by the west & European market, India has embraced the market of E-Commerce in a big way & many players have been successful in widening their markets & customers. Lately the shopping of goods on Television has generated great degree of curiosity as well. Fuelled by the sustained growth of the online travel industry, the Indian e-commerce market will gallop at an impressive growth rate of 47 per cent to over Rs 46,000 crore in the 2011 . This growth is primarily driven by the online travel industry, which contributes 76 per cent to the total net commerce industry in India today. Comprising about 81 per cent of the total e-commerce in the country, the online travel market, which includes booking rail and air tickets, hotel accommodations and tour packages, is estimated to grow by 50 per cent and touch Rs 37,890 crore by December, 2011. In the travel portfolio, which was worth Rs 14,953 crore in 2009, domestic air travel contributed 63 per cent, followed by railway tickets (28 per cent). Others, such as international air travel (Rs 548 crore), hotel bookings (Rs 308 crore), bus tickets (Rs 294 crore), tour packages (Rs 86 crore) and travel insurance (Rs 52 crore), contributed the balance 9 per cent of the total online travel market.Another area that has shown significant growth is the financial services market, such as online insurance payments and transactions through trading accounts, which grew from Rs 1540 crore to an estimated Rs 2,000 crore during the one-year period ending December, 2010. Comprising 8 per cent of the e-commerce market, this sector is expected to grow by 34 per cent and touch Rs 2,650 crore this calendar year. E-tailing, which includes purchases of durable products such as electronic items, home and kitchen appliances, as well as personal items like apparels and jewellery, constitutes 8 per cent of the overall e-commerce market in the country
In the light of the the above background, 3rd Annual India Leadership Conclave’s Indian Affairs Business Leadership Awards 2012 added a new category in its list for India’s Most Valuable E-Commerce Company of the year with the four major players operating in the Indian market such as E-Billing Solutions , Itz Cash Card, Jasper Infotech & STAR CJ Network for the coveted market. Coinciding with the theme Brand India : The Emerging Super Power, Indian Affairs Business Leadership Awards will felicitate one of its four contender who are nominees for the coveted Award on Friday, 6th April at Hotel Lalit, Bengaluru, India in a star-studded glittering award night.
EBS is a pioneer to associate with multiple acquiring Banks for providing Payment Gateway services to offer Master, Visa, Diners, Net banking & Cash Card brands on a single platform. EBS is the first Indian merchant account provider to achieve the PCI DSS 1.1 Standards of Compliance. EBS is one of the Fastest Growing Online Payments Processing Company in India with a Client Base of 4000+ Merchants offering 60+ Different Payment Options for Customers to pay online. EBS has played its role to further E-commerce in India by enabling Merchants to accept Fast, Secure & Swift online payments via Multiple payment channels such as Credit Cards, Debit Cards, Net-Banking, Cash Cards, etc to process Domestic & International transactions via a Singe Point - Easy to use System to Manage & Reconcile payments, processed to Merchant's own Bank Account. It specialties in E-Commerce, Payment Gateway, Online Payment processing, Risk Management Systems
Launched in 2005, Itz Cash Card Ltd., is India’s first ever “Multi Service Prepaid Card company” and the leader in this sector. Introduced by the highly diversified Essel Group – a business conglomerate, having businesses in Media and Entertainment, (Zee Network), Tourism and Amusement, (Essel world & Water Kingdom), Packaging, (Essel Propack), Publishing(DNA), and Satellite entertainment (Dish TV). ItzCash is another successful venture that has innovated the entire paradigm of payment solutions across the web and the mobile. ItzCash Card offers a portfolio of customized e-commerce and m-commerce solutions in the B2B & B2C space. The company was founded in 2005 and is based in Mumbai, India. ItzCash Card Ltd. operates as a subsidiary of Intrex India, Ltd.
Jasper Infotech Pvt. Ltd., a marketing company, provides multi-channel direct marketing solutions to clients in consumer products, financial services, technology and telecom, consumer durables, and retail industries in India. The company offers consumer promotion programs, including loyalty and reward program execution, samples promotion, and coupon management programs; and marketing program management services, including procurement and vendor management, print management, portal development, customer support, and reporting and analytics services. SnapDeal.com, an e-commerce platform that provides discount vouchers at dining restaurants, movie tickets, and shopping at beauty and health packages, lifestyle products, travel, and entertainment. The company was founded in 2007 and is based in New Delhi, India.
STAR CJ Network India Pvt. Ltd. is a venture of Star Television (Asia’s largest broadcaster) & CJ O’Shopping South Korea. It is India’s New Age Home Shopping Destination wherein you can buy Mobile Phone, Digital Camera, Shoes, DVD Players, LCD TV, Electronics, Apparels, Beauty Products, Ethnic Wear, Home Appliance and many more products at an affordable price. STAR CJ Network India Pvt. Ltd. (STAR CJ) is a joint venture between STAR Asia and the South Korean home shopping major, CJ O Shopping Co. Ltd. Backed by the creative insights of STAR and the domain leadership of CJ O Shopping, STAR CJ has launched a 24x7 home shopping channel called STAR CJ Alive to further increase its outreach to viewers and to provide the viewers unparalleled service and convenience of shopping from the comfort of their homes.
The Award ceremony will be held in Bengaluru, On Friday, 6th April at Hotel Lalit, India & India’s Most Valuable E-Commerce Company of the year at 3rd Annual India Leadership Conclave & Awards 2012 will be declared
E-Billing Solutions , Itz Cash Card, Jasper Infotech & STAR CJ Network are top contenders for India’s Most Valuable E-Commerce Company of the year at 3rd Annual India Leadership Conclave & Awards 2012
Maharashtra, Mumbai, 7th March 2012: If the two outgoing decades of 90’s & 2000’s were the decades of free economy, increasing trade, industry, commerce & exposure to globalization, clearly the decade of 2010 & the ongoing decade is the decade of internet revolution & the power of digital revolution marked by innovation in trade through e-commerce & corporate branding through smart cards, pay coupons & credit cards. It is no wonder that the entry of large number of players in the internet market & E-commerce has increased abysmally & instead of shopping in physical cash, the customers of today’s world have shown great degree of interest in booking their items, goods through the E-Commerce Companies. Influenced primarily by the west & European market, India has embraced the market of E-Commerce in a big way & many players have been successful in widening their markets & customers. Lately the shopping of goods on Television has generated great degree of curiosity as well. Fuelled by the sustained growth of the online travel industry, the Indian e-commerce market will gallop at an impressive growth rate of 47 per cent to over Rs 46,000 crore in the 2011 . This growth is primarily driven by the online travel industry, which contributes 76 per cent to the total net commerce industry in India today. Comprising about 81 per cent of the total e-commerce in the country, the online travel market, which includes booking rail and air tickets, hotel accommodations and tour packages, is estimated to grow by 50 per cent and touch Rs 37,890 crore by December, 2011. In the travel portfolio, which was worth Rs 14,953 crore in 2009, domestic air travel contributed 63 per cent, followed by railway tickets (28 per cent). Others, such as international air travel (Rs 548 crore), hotel bookings (Rs 308 crore), bus tickets (Rs 294 crore), tour packages (Rs 86 crore) and travel insurance (Rs 52 crore), contributed the balance 9 per cent of the total online travel market.Another area that has shown significant growth is the financial services market, such as online insurance payments and transactions through trading accounts, which grew from Rs 1540 crore to an estimated Rs 2,000 crore during the one-year period ending December, 2010. Comprising 8 per cent of the e-commerce market, this sector is expected to grow by 34 per cent and touch Rs 2,650 crore this calendar year. E-tailing, which includes purchases of durable products such as electronic items, home and kitchen appliances, as well as personal items like apparels and jewellery, constitutes 8 per cent of the overall e-commerce market in the country
In the light of the the above background, 3rd Annual India Leadership Conclave’s Indian Affairs Business Leadership Awards 2012 added a new category in its list for India’s Most Valuable E-Commerce Company of the year with the four major players operating in the Indian market such as E-Billing Solutions , Itz Cash Card, Jasper Infotech & STAR CJ Network for the coveted market. Coinciding with the theme Brand India : The Emerging Super Power, Indian Affairs Business Leadership Awards will felicitate one of its four contender who are nominees for the coveted Award on Friday, 6th April at Hotel Lalit, Bengaluru, India in a star-studded glittering award night.
EBS is a pioneer to associate with multiple acquiring Banks for providing Payment Gateway services to offer Master, Visa, Diners, Net banking & Cash Card brands on a single platform. EBS is the first Indian merchant account provider to achieve the PCI DSS 1.1 Standards of Compliance. EBS is one of the Fastest Growing Online Payments Processing Company in India with a Client Base of 4000+ Merchants offering 60+ Different Payment Options for Customers to pay online. EBS has played its role to further E-commerce in India by enabling Merchants to accept Fast, Secure & Swift online payments via Multiple payment channels such as Credit Cards, Debit Cards, Net-Banking, Cash Cards, etc to process Domestic & International transactions via a Singe Point - Easy to use System to Manage & Reconcile payments, processed to Merchant's own Bank Account. It specialties in E-Commerce, Payment Gateway, Online Payment processing, Risk Management Systems
Launched in 2005, Itz Cash Card Ltd., is India’s first ever “Multi Service Prepaid Card company” and the leader in this sector. Introduced by the highly diversified Essel Group – a business conglomerate, having businesses in Media and Entertainment, (Zee Network), Tourism and Amusement, (Essel world & Water Kingdom), Packaging, (Essel Propack), Publishing(DNA), and Satellite entertainment (Dish TV). ItzCash is another successful venture that has innovated the entire paradigm of payment solutions across the web and the mobile. ItzCash Card offers a portfolio of customized e-commerce and m-commerce solutions in the B2B & B2C space. The company was founded in 2005 and is based in Mumbai, India. ItzCash Card Ltd. operates as a subsidiary of Intrex India, Ltd.
Jasper Infotech Pvt. Ltd., a marketing company, provides multi-channel direct marketing solutions to clients in consumer products, financial services, technology and telecom, consumer durables, and retail industries in India. The company offers consumer promotion programs, including loyalty and reward program execution, samples promotion, and coupon management programs; and marketing program management services, including procurement and vendor management, print management, portal development, customer support, and reporting and analytics services. SnapDeal.com, an e-commerce platform that provides discount vouchers at dining restaurants, movie tickets, and shopping at beauty and health packages, lifestyle products, travel, and entertainment. The company was founded in 2007 and is based in New Delhi, India.
STAR CJ Network India Pvt. Ltd. is a venture of Star Television (Asia’s largest broadcaster) & CJ O’Shopping South Korea. It is India’s New Age Home Shopping Destination wherein you can buy Mobile Phone, Digital Camera, Shoes, DVD Players, LCD TV, Electronics, Apparels, Beauty Products, Ethnic Wear, Home Appliance and many more products at an affordable price. STAR CJ Network India Pvt. Ltd. (STAR CJ) is a joint venture between STAR Asia and the South Korean home shopping major, CJ O Shopping Co. Ltd. Backed by the creative insights of STAR and the domain leadership of CJ O Shopping, STAR CJ has launched a 24x7 home shopping channel called STAR CJ Alive to further increase its outreach to viewers and to provide the viewers unparalleled service and convenience of shopping from the comfort of their homes.
The Award ceremony will be held in Bengaluru, On Friday, 6th April at Hotel Lalit, India & India’s Most Valuable E-Commerce Company of the year at 3rd Annual India Leadership Conclave & Awards 2012 will be declared
Prestigious Business Leader of the Year Award hots up at 3rd Annual India Leadership Business Awards 2012
Prestigious Business Leader of the Year Award hots up at 3rd Annual India Leadership Business Awards 2012
G.R.K.Reddy of Marg Group, Nirmal Jain of India Infoline, Dr Kannan Vishwanath of Aanjaneya Lifecare & Google India Chief Rajan Anandan are the contenders for the Business Leader of The Year Award
Maharashtra, Mumbai, 7th March 2012: Brand India : While there are as many as 30 categories declared by Indian Affairs Business Leadership Awards 2012 at the 3rd Annual India Leadership Conclave which will host Asia’s Biggest Leadership Event “3rd Annual India Leadership Conclave & Business Leadership awards 2012 under the theme Brand India – The Emerging Super Power, Limitless Leadership & Limitless Possibilities at Hotel Lalit on Friday,6th of April 2012, Bangalore, India, the competition for the prestigious Business Leader of the Year 2012 is the big one considering the fact that all four nominees have made a significant contribution to the Indian economy & have driven the respective organizations to the crescendo of success & achievements by dint of their visionary leadership, drive & initiatives. Out of four Nominees which ae in the fray namely G.R.K.Reddy, of Marg Group, Nirmal Jain of India Infoline, Dr Kannan Vishwanath of Aanjaneya Lifecare & Google India Chief Rajan Anandan, barring the dashing & dynamic Ranjan Anandan who heads Google India, the rest three nominees are running their enterprises with great vigor & resilience & have risen from scratch.
Put to vote by the Organizers & juries from the organizing committee of 3rd Annual India Leadership Conclave & Indian Affairs Business Leadership Awards 2012, there is an acid test for the voters who will make one of the four as winner as voting lines are open since 3rd April 2012. Here are the brief descriptions of the four nominees : GRK Reddy is the Chairman & Managing Director, MARG Group. A first generation entrepreneur, with a post graduate degree in Commerce and an alumni of Kellogs USA. Reddy began his career in 1985, as a merchant banker and gained expertise in advising and structuring financial closures. An astute businessman, he recognized that Infrastructure development would drive the 2nd generation reforms in India and envisaged that " Space Creation " will play a critical role in driving the Indian Economy. He promoted the MARG Group in 1994 and since then has been the protagonist in the rapid growth of the company, which has a project base of more than Rs. 8,000 crore and is evolving into becoming the lead innovator in each vertical. 'GRK', as he is fondly called, has driven MARG into diverse projects such as Ports, SEZ's, Roads, IT Parks, Malls and Commercial & Residential real estate. He has been an active member of CII and a Charter Member of TiE - 'The Indus Entrepreneurs'; a global network fostering entrepreneurship. Nirmal Jain is the founder and Chairman of India Infoline Ltd. He is a PGDM (Post Graduate Diploma in Management) from IIM (Indian Institute of Management) Ahmedabad, a Chartered Accountant and a rank-holder Cost Accountant. His professional track record is equally outstanding. He started his career in 1989 with Hindustan Lever Limited, the Indian arm of Unilever. During his stint with Hindustan Lever, he handled a variety of responsibilities, including export and trading in agro-commodities. He contributed immensely towards the rapid and profitable growth of Hindustan Lever’s commodity export business, which was then the nation’s as well as the Company’s top priority. He founded Probity Research and Services Pvt. Ltd. (later re-christened India Infoline) in 1995; perhaps the first independent equity research Company in India. His work set new standards for equity research in India. Mr. Jain was one of the first entrepreneurs in India to seize the internet opportunity, with the launch of www.indiainfoline.com in 1999. Under his leadership, India Infoline not only steered through the dotcom bust and one of the worst stock market downtrends but also grew from strength to strength. Dr Kannan Vishwanath founded Aanjaneya Lifecare Limited in 2006. He has completed his Chemical Engineering in Pune & Masters & Doctorate of Philosophy in Business Management from University of Azteca. He has over 12 years Experience in Pharmaceutical Industry with expertise in Licensing, Business Development, API, Generics, Finished Dose, Intermediates, marketing, production, distribution, licensing, outsourcing, contract development, formulation development . Patience and Risk Taking are among the motivational factors applied by Dr Vishwanath and they have helped the company to learn from past mistakes and in making better decisions in future. A believer in fair practices, this visionary leader always offers his hand when needed regardless a friend or foe. Dr Vishwanath believes: “when you have a gream , don’t let anything dim it . Keep hoping, keep trying , for Sky is the Limit. Coming from a very humble beginning with just 40 employees and small manufacturing facility for anti malarial drugs over 6 years ago , Dr Vishwanath has achieved exceptional results through developing and redefining the business roadmap, ensuring differentiation as a competitive advantage and clearly focusing on the brands consumers want and the products consumers need . Anjaneya Lifecare Limited (ALL ) produces & markets a range of pharmaceutical products across the globe . With two facilities in Maharashtra state employing over 300 people the company delivers essential products for every day life under the brands Rankorex, Prosils, DocTor quore, Esyhil, amongst others. The company has over 200 distributors pan India for its Branded Generic products & exports to over 40 countries with sales in excess of 320 crores. Under Dr Vishwanath’s leadership, the marketind, reachersh & product development departments were expanded . The company has been growing at CAGR of 175 % for last 5 years and is now the third largest manufacturer of Quinine salts in world. ALL has received many awards and accolades which recognize its brands and product excellence , such as the Green Business of the year-2011 at Emerging India Awards by ICICI Bank & CNBC TV 18 & voted among the top 100 company in “ India’s Best Companies to Work With -2011 “. Under his Leadership, Dr Kannan recently took over Apex Drugs for a whopping 250 Crore which will give him access to the global market. Mr. Rajan Anandan is the Managing Director and Country Head of Google India. He is also a Co-Founder at Blue Ocean Ventures. Mr. Anandan has been Vice President of Sales & Operations, India at Google Inc. since January 2011. Mr. Anandan serves as a Member of Management Board for myZingo eCommerce Service Pvt. Ltd. Mr. Anandan is an Advisor at India Internet Group. He served as Managing Director and Head of Sales & Marketing Operations at Microsoft Corporation (India) Pvt. Ltd. from September 1, 2008 to September 2010. Mr. Anandan was responsible for driving strategic partnerships and alliances and growing the sales and marketing operations for Microsoft India. He served as Country General Manager of Dell India Private Ltd. from May 2006 to June 2008. Mr. Anandan served with Dell since 2003. He held various global leadership roles across Dell International Services including a stint as the Executive Assistant to Michael Dell, Chairman, Dell Computers. He started his career with Mckinsey & Co., where he held several leadership positions including leading its Growth Practice from 1996 to 2002. He serves as a Director of Advertising Standards Council of India. He serves as a Director of authorSTREAM.com Private Limited. Mr. Anandan holds a Master's degree in Manufacturing Systems Engineering from Stanford University; is a Mechanical Engineer; and an alumnus of Massachusetts Institute of Technology.
It is pertinent here to mention here that last year Malvinder Singh of Fortis Healthcare received the coveted Business Leader of the Year in Mumbai at 2nd Annual India Leadership Conclave 2011.
G.R.K.Reddy of Marg Group, Nirmal Jain of India Infoline, Dr Kannan Vishwanath of Aanjaneya Lifecare & Google India Chief Rajan Anandan are the contenders for the Business Leader of The Year Award
Maharashtra, Mumbai, 7th March 2012: Brand India : While there are as many as 30 categories declared by Indian Affairs Business Leadership Awards 2012 at the 3rd Annual India Leadership Conclave which will host Asia’s Biggest Leadership Event “3rd Annual India Leadership Conclave & Business Leadership awards 2012 under the theme Brand India – The Emerging Super Power, Limitless Leadership & Limitless Possibilities at Hotel Lalit on Friday,6th of April 2012, Bangalore, India, the competition for the prestigious Business Leader of the Year 2012 is the big one considering the fact that all four nominees have made a significant contribution to the Indian economy & have driven the respective organizations to the crescendo of success & achievements by dint of their visionary leadership, drive & initiatives. Out of four Nominees which ae in the fray namely G.R.K.Reddy, of Marg Group, Nirmal Jain of India Infoline, Dr Kannan Vishwanath of Aanjaneya Lifecare & Google India Chief Rajan Anandan, barring the dashing & dynamic Ranjan Anandan who heads Google India, the rest three nominees are running their enterprises with great vigor & resilience & have risen from scratch.
Put to vote by the Organizers & juries from the organizing committee of 3rd Annual India Leadership Conclave & Indian Affairs Business Leadership Awards 2012, there is an acid test for the voters who will make one of the four as winner as voting lines are open since 3rd April 2012. Here are the brief descriptions of the four nominees : GRK Reddy is the Chairman & Managing Director, MARG Group. A first generation entrepreneur, with a post graduate degree in Commerce and an alumni of Kellogs USA. Reddy began his career in 1985, as a merchant banker and gained expertise in advising and structuring financial closures. An astute businessman, he recognized that Infrastructure development would drive the 2nd generation reforms in India and envisaged that " Space Creation " will play a critical role in driving the Indian Economy. He promoted the MARG Group in 1994 and since then has been the protagonist in the rapid growth of the company, which has a project base of more than Rs. 8,000 crore and is evolving into becoming the lead innovator in each vertical. 'GRK', as he is fondly called, has driven MARG into diverse projects such as Ports, SEZ's, Roads, IT Parks, Malls and Commercial & Residential real estate. He has been an active member of CII and a Charter Member of TiE - 'The Indus Entrepreneurs'; a global network fostering entrepreneurship. Nirmal Jain is the founder and Chairman of India Infoline Ltd. He is a PGDM (Post Graduate Diploma in Management) from IIM (Indian Institute of Management) Ahmedabad, a Chartered Accountant and a rank-holder Cost Accountant. His professional track record is equally outstanding. He started his career in 1989 with Hindustan Lever Limited, the Indian arm of Unilever. During his stint with Hindustan Lever, he handled a variety of responsibilities, including export and trading in agro-commodities. He contributed immensely towards the rapid and profitable growth of Hindustan Lever’s commodity export business, which was then the nation’s as well as the Company’s top priority. He founded Probity Research and Services Pvt. Ltd. (later re-christened India Infoline) in 1995; perhaps the first independent equity research Company in India. His work set new standards for equity research in India. Mr. Jain was one of the first entrepreneurs in India to seize the internet opportunity, with the launch of www.indiainfoline.com in 1999. Under his leadership, India Infoline not only steered through the dotcom bust and one of the worst stock market downtrends but also grew from strength to strength. Dr Kannan Vishwanath founded Aanjaneya Lifecare Limited in 2006. He has completed his Chemical Engineering in Pune & Masters & Doctorate of Philosophy in Business Management from University of Azteca. He has over 12 years Experience in Pharmaceutical Industry with expertise in Licensing, Business Development, API, Generics, Finished Dose, Intermediates, marketing, production, distribution, licensing, outsourcing, contract development, formulation development . Patience and Risk Taking are among the motivational factors applied by Dr Vishwanath and they have helped the company to learn from past mistakes and in making better decisions in future. A believer in fair practices, this visionary leader always offers his hand when needed regardless a friend or foe. Dr Vishwanath believes: “when you have a gream , don’t let anything dim it . Keep hoping, keep trying , for Sky is the Limit. Coming from a very humble beginning with just 40 employees and small manufacturing facility for anti malarial drugs over 6 years ago , Dr Vishwanath has achieved exceptional results through developing and redefining the business roadmap, ensuring differentiation as a competitive advantage and clearly focusing on the brands consumers want and the products consumers need . Anjaneya Lifecare Limited (ALL ) produces & markets a range of pharmaceutical products across the globe . With two facilities in Maharashtra state employing over 300 people the company delivers essential products for every day life under the brands Rankorex, Prosils, DocTor quore, Esyhil, amongst others. The company has over 200 distributors pan India for its Branded Generic products & exports to over 40 countries with sales in excess of 320 crores. Under Dr Vishwanath’s leadership, the marketind, reachersh & product development departments were expanded . The company has been growing at CAGR of 175 % for last 5 years and is now the third largest manufacturer of Quinine salts in world. ALL has received many awards and accolades which recognize its brands and product excellence , such as the Green Business of the year-2011 at Emerging India Awards by ICICI Bank & CNBC TV 18 & voted among the top 100 company in “ India’s Best Companies to Work With -2011 “. Under his Leadership, Dr Kannan recently took over Apex Drugs for a whopping 250 Crore which will give him access to the global market. Mr. Rajan Anandan is the Managing Director and Country Head of Google India. He is also a Co-Founder at Blue Ocean Ventures. Mr. Anandan has been Vice President of Sales & Operations, India at Google Inc. since January 2011. Mr. Anandan serves as a Member of Management Board for myZingo eCommerce Service Pvt. Ltd. Mr. Anandan is an Advisor at India Internet Group. He served as Managing Director and Head of Sales & Marketing Operations at Microsoft Corporation (India) Pvt. Ltd. from September 1, 2008 to September 2010. Mr. Anandan was responsible for driving strategic partnerships and alliances and growing the sales and marketing operations for Microsoft India. He served as Country General Manager of Dell India Private Ltd. from May 2006 to June 2008. Mr. Anandan served with Dell since 2003. He held various global leadership roles across Dell International Services including a stint as the Executive Assistant to Michael Dell, Chairman, Dell Computers. He started his career with Mckinsey & Co., where he held several leadership positions including leading its Growth Practice from 1996 to 2002. He serves as a Director of Advertising Standards Council of India. He serves as a Director of authorSTREAM.com Private Limited. Mr. Anandan holds a Master's degree in Manufacturing Systems Engineering from Stanford University; is a Mechanical Engineer; and an alumnus of Massachusetts Institute of Technology.
It is pertinent here to mention here that last year Malvinder Singh of Fortis Healthcare received the coveted Business Leader of the Year in Mumbai at 2nd Annual India Leadership Conclave 2011.
Monday, March 5, 2012
Dynamic Entrepreneur of The Year Nominees face tough Competition at 3rd Annual India Leadership Conclave 2012
Dynamic Entrepreneur of The Year Nominees face tough Competition at 3rd Annual India Leadership Conclave 2012
Agriculture Seeds, E-commerce, Real Estate & Engineering has a strong bearing & background as Anil K. Agarwal of Cosmos International, Sushil Karwa, of Krishidhan Seeds, Irfan Razack of Prestige Group & Kunal Bahl, of Snapdeal.com are hot contenders for the coveted award at 3rd Annual India Leadership Conclave Awards 2012
Maharashtra: Mumbai, India, Tuesday, 6th March 2012: 3rd Annual India Leadership Conclave & Business Leadership Awards 2012(www.indialeadershipconclave.asia ) organised by Indian Affairs ( www.indianaffairs.in ) in association with leading trade bodies & associations is all set to choose coveted, credible & prestigious India’s Dynamic Entrepreneur Award 2012 on Friday,6th April 2012 at India’s IT capital, Bengaluru, India at Hotel Lalit coinciding with a power-packed debate by veterans of the Industry on Brand India. Put to vote by the Board of Indian Affairs Organizing Committee & the jury members in the fray are Anil K. Agarwal, CMD, Cosmos International Ltd, Sushil Karwa, MD, Krishidhan Seeds, Irfan Razack, CMD, Prestige Group & Kunal Bahl, CEO, Snapdeal.com for the coveted Award. “The India Leadership Conclave’s Business Leadership Awards will felicitate Indian leaders and successful businesspersons of India Inc who have made an impact on the economy. The Award Nominations are decided by a distinguished panel of judges which has been formulated by picking up the think tanks from all walks of life. The award panel look at a cross section of the industry from large conglomerates to emerging mid-cap and small cap companies including unlisted companies with an attempt to give fair justice to the top performers” said Satya Brahma, Chairman, 3rd Annual India Leadership Conclave Organizing Committee & Indian Afairs Business Leadership Awards 2012. “The Guiding principle has been to honour an individual who is seen as a trusted guide, influential mentor and a strategic executive, instrumental in the successful turnaround of her company. she must have played a pivotal role in the company’s success, adding to a career of extraordinary performance and exceptional results. the award will recognize an exceptional leader who has played an important role in her specific sector development, on various levels. the individual should have demonstrated initiative while serving consumer needs, implemented innovative strategies in order to improve performance, and contributed to the growth of the community and environment, as well as the region with due emphasis to Financial management, Decision making roles and business impact, Business ethics, Managing rapid growth, Innovation, Adapting to change, Strategic partnerships, Leadership roles, Marketing strategies, Corporate philanthropy/contributions to society & Outstanding mentorship while selecting the best of best after being put to vote by a sample size of more than 3.5 Lakh corporates via emails & sms campaigns” said in a release.
The Nominees:
1. Anil Kumar Agarwal serves as President of Cosmos Group. Mr. Agarwal heads the Cosmos Group which has business interests in fields such as Engineering & Electricals, Food & Agro technologies, Biotechnology, Power distribution equipments etc. Mr. Agarwal has been an Independent Director at IL&FS Engineering and Construction Company Ltd. (formerly Maytas Infra Ltd.) since November 14, 2011 and previously served as its Non executive Independent Director from April 2009 to September 1, 2011. He serves as a Director of Cosmos International Limited, AKA Construction Private Limited, Space Capital Services Limited, Space Industries Limited and Vams Marketing Private Limited. Mr. Agarwal served as Non-official Part-time Director of PowerGrid Corporation of India Ltd. from October 19, 2010 to July 9, 2011 and served as its Independent Director from July 10, 2007 to July 9, 2010. Mr. Agarwal has been actively involved in Industry Associations, for development of International Trade and Investments. He serves as Chairman of the International Affairs of the ASSOCHAM. He served as the President of the Associated Chambers of Commerce and Industry of India (the 'ASSOCHAM'). He serves as Council Member of the Institute of Chartered Accountants of India. Mr. Jain served as Director of IL&FS Engineering and Construction Ltd. from April 2009 to September 1, 2011. Mr. Agarwal graduated with a Master of Commerce degree from University of Delhi and also holds a Post Graduate Diploma in Business Management from University of Delhi
2. Mr.Irfan Razack, the CEO of the Rs. 1,540-crore Bangalore-based real estate developer Prestige Constructions (his family promotes the company). Irfan Razack, the eldest son of Razack Sattar, is at the helm of the Prestige Group. A born leader, Irfan is blessed with the acumen to see opportunities where none apparently exist, the courage to take the untrodden path and the determination to see his vision through to fruition. His leadership acumen received national recognition, when he was declared Professional of the Year at the Real Estate Excellence Awards 2008. He has been Honorary Secretary of the Al Ameen Educational Society for 17 years, the President of Bangalore Commercial Association (BCA), and the Chairman of the Real Estate Committee of CREDAI, Karnataka for 4 years. , Son of garment store owner, started real estate developer Prestige Estates Projects in 1986 in Bangalore. He and his younger siblings, Rezwan and Noaman, who share fortune and work with him, took company public last year, raising $240 million. Has built over 45 million square feet of commercial, retail and residential properties so far; has 61 ongoing projects covering 62 million square feet in South India.
3. Mr. Kunal Bahl is the co-founder and CEO of India’s largest group buying portal, SnapDeal.com. Previously, Kunal co-founded a detergent company in the US while at college which now sells products in 3000 stores in the US. He has also worked at companies such as Deloitte Consulting and Microsoft in the US. Kunal is an engineer from the University of Pennsylvania and holds a business degree from The Wharton School. Kunal is the co-founder and CEO of Jasper, India's largest couponing company which runs the leading group buying portal in India, SnapDeal.com (www.snapdeal.com). Since the inception of the company in 2008, Jasper is now a 300 member strong organization with operations in 30 cities and 5 countries, and leads the way in building consumer services centered around couponing in a culture obsessed with deals. Kunal manages the strategic vision, key business relationships, fundraising and growth plans for Jasper. An engineer from University of Pennsylvania, with a business degree from The Wharton School and an executive marketing program at Kellogg School of Management, Kunal has a variety of entrepreneurial experiences. Prior experiences also included product management and business development with Microsoft's emerging markets group, and at Deloitte Consulting as a consultant in the company's telecom practice in New York and Pennsylvania. Outside of Jasper, Kunal has a passion for financial markets, cults and politics.
4. A trained commerce professional, Mr. Sushil Karwa has been the Managing Director of Krishidhan Group of Companies, Krishidhan Seeds Limited (KSL) is one of the top five seeds company in India with a turnover for the last 14 years. He has led the group of companies with the vision of ensuring that Krishidhan Group of Companies emerges as the largest technology driven agro-input company in India. Under his leadership Krishidhan Group of Companies charted an aggressive expansion plan that has taken it beyond its initial forays in Maharashtra to emerge amongst India's top five hybrid seeds companies with operations spanning the country. Now, it has spread its wings internationally and has opened its maiden office in Netherland. The trials of their research seeds is undertaken in 13 countries and very soon it will become one of the few companies to export seeds to developed and developing countries. His strategic industry insight has enabled KSPL emerge from being a seed trading company to a pioneering research & development organisation. His visionary leadership ensured the company made a long-term investment by hiring from a talent pool of scientists and agriculture experts, who were bound to universities during the 1990's, to create a R&D team that has delivered rich dividends.
It may be recalled that at 2nd Annual India Leadership Conclave’s Business Leadership Awards Dynamic Entrepreneur Award was shared by Shailendra Singh, Joint Managing Director, Percept Limited & Captain G.R.Gopinath, Founder Chairman of Deccan Aviations, who received the coveted Award at Mumbai last year.
Agriculture Seeds, E-commerce, Real Estate & Engineering has a strong bearing & background as Anil K. Agarwal of Cosmos International, Sushil Karwa, of Krishidhan Seeds, Irfan Razack of Prestige Group & Kunal Bahl, of Snapdeal.com are hot contenders for the coveted award at 3rd Annual India Leadership Conclave Awards 2012
Maharashtra: Mumbai, India, Tuesday, 6th March 2012: 3rd Annual India Leadership Conclave & Business Leadership Awards 2012(www.indialeadershipconclave.asia ) organised by Indian Affairs ( www.indianaffairs.in ) in association with leading trade bodies & associations is all set to choose coveted, credible & prestigious India’s Dynamic Entrepreneur Award 2012 on Friday,6th April 2012 at India’s IT capital, Bengaluru, India at Hotel Lalit coinciding with a power-packed debate by veterans of the Industry on Brand India. Put to vote by the Board of Indian Affairs Organizing Committee & the jury members in the fray are Anil K. Agarwal, CMD, Cosmos International Ltd, Sushil Karwa, MD, Krishidhan Seeds, Irfan Razack, CMD, Prestige Group & Kunal Bahl, CEO, Snapdeal.com for the coveted Award. “The India Leadership Conclave’s Business Leadership Awards will felicitate Indian leaders and successful businesspersons of India Inc who have made an impact on the economy. The Award Nominations are decided by a distinguished panel of judges which has been formulated by picking up the think tanks from all walks of life. The award panel look at a cross section of the industry from large conglomerates to emerging mid-cap and small cap companies including unlisted companies with an attempt to give fair justice to the top performers” said Satya Brahma, Chairman, 3rd Annual India Leadership Conclave Organizing Committee & Indian Afairs Business Leadership Awards 2012. “The Guiding principle has been to honour an individual who is seen as a trusted guide, influential mentor and a strategic executive, instrumental in the successful turnaround of her company. she must have played a pivotal role in the company’s success, adding to a career of extraordinary performance and exceptional results. the award will recognize an exceptional leader who has played an important role in her specific sector development, on various levels. the individual should have demonstrated initiative while serving consumer needs, implemented innovative strategies in order to improve performance, and contributed to the growth of the community and environment, as well as the region with due emphasis to Financial management, Decision making roles and business impact, Business ethics, Managing rapid growth, Innovation, Adapting to change, Strategic partnerships, Leadership roles, Marketing strategies, Corporate philanthropy/contributions to society & Outstanding mentorship while selecting the best of best after being put to vote by a sample size of more than 3.5 Lakh corporates via emails & sms campaigns” said in a release.
The Nominees:
1. Anil Kumar Agarwal serves as President of Cosmos Group. Mr. Agarwal heads the Cosmos Group which has business interests in fields such as Engineering & Electricals, Food & Agro technologies, Biotechnology, Power distribution equipments etc. Mr. Agarwal has been an Independent Director at IL&FS Engineering and Construction Company Ltd. (formerly Maytas Infra Ltd.) since November 14, 2011 and previously served as its Non executive Independent Director from April 2009 to September 1, 2011. He serves as a Director of Cosmos International Limited, AKA Construction Private Limited, Space Capital Services Limited, Space Industries Limited and Vams Marketing Private Limited. Mr. Agarwal served as Non-official Part-time Director of PowerGrid Corporation of India Ltd. from October 19, 2010 to July 9, 2011 and served as its Independent Director from July 10, 2007 to July 9, 2010. Mr. Agarwal has been actively involved in Industry Associations, for development of International Trade and Investments. He serves as Chairman of the International Affairs of the ASSOCHAM. He served as the President of the Associated Chambers of Commerce and Industry of India (the 'ASSOCHAM'). He serves as Council Member of the Institute of Chartered Accountants of India. Mr. Jain served as Director of IL&FS Engineering and Construction Ltd. from April 2009 to September 1, 2011. Mr. Agarwal graduated with a Master of Commerce degree from University of Delhi and also holds a Post Graduate Diploma in Business Management from University of Delhi
2. Mr.Irfan Razack, the CEO of the Rs. 1,540-crore Bangalore-based real estate developer Prestige Constructions (his family promotes the company). Irfan Razack, the eldest son of Razack Sattar, is at the helm of the Prestige Group. A born leader, Irfan is blessed with the acumen to see opportunities where none apparently exist, the courage to take the untrodden path and the determination to see his vision through to fruition. His leadership acumen received national recognition, when he was declared Professional of the Year at the Real Estate Excellence Awards 2008. He has been Honorary Secretary of the Al Ameen Educational Society for 17 years, the President of Bangalore Commercial Association (BCA), and the Chairman of the Real Estate Committee of CREDAI, Karnataka for 4 years. , Son of garment store owner, started real estate developer Prestige Estates Projects in 1986 in Bangalore. He and his younger siblings, Rezwan and Noaman, who share fortune and work with him, took company public last year, raising $240 million. Has built over 45 million square feet of commercial, retail and residential properties so far; has 61 ongoing projects covering 62 million square feet in South India.
3. Mr. Kunal Bahl is the co-founder and CEO of India’s largest group buying portal, SnapDeal.com. Previously, Kunal co-founded a detergent company in the US while at college which now sells products in 3000 stores in the US. He has also worked at companies such as Deloitte Consulting and Microsoft in the US. Kunal is an engineer from the University of Pennsylvania and holds a business degree from The Wharton School. Kunal is the co-founder and CEO of Jasper, India's largest couponing company which runs the leading group buying portal in India, SnapDeal.com (www.snapdeal.com). Since the inception of the company in 2008, Jasper is now a 300 member strong organization with operations in 30 cities and 5 countries, and leads the way in building consumer services centered around couponing in a culture obsessed with deals. Kunal manages the strategic vision, key business relationships, fundraising and growth plans for Jasper. An engineer from University of Pennsylvania, with a business degree from The Wharton School and an executive marketing program at Kellogg School of Management, Kunal has a variety of entrepreneurial experiences. Prior experiences also included product management and business development with Microsoft's emerging markets group, and at Deloitte Consulting as a consultant in the company's telecom practice in New York and Pennsylvania. Outside of Jasper, Kunal has a passion for financial markets, cults and politics.
4. A trained commerce professional, Mr. Sushil Karwa has been the Managing Director of Krishidhan Group of Companies, Krishidhan Seeds Limited (KSL) is one of the top five seeds company in India with a turnover for the last 14 years. He has led the group of companies with the vision of ensuring that Krishidhan Group of Companies emerges as the largest technology driven agro-input company in India. Under his leadership Krishidhan Group of Companies charted an aggressive expansion plan that has taken it beyond its initial forays in Maharashtra to emerge amongst India's top five hybrid seeds companies with operations spanning the country. Now, it has spread its wings internationally and has opened its maiden office in Netherland. The trials of their research seeds is undertaken in 13 countries and very soon it will become one of the few companies to export seeds to developed and developing countries. His strategic industry insight has enabled KSPL emerge from being a seed trading company to a pioneering research & development organisation. His visionary leadership ensured the company made a long-term investment by hiring from a talent pool of scientists and agriculture experts, who were bound to universities during the 1990's, to create a R&D team that has delivered rich dividends.
It may be recalled that at 2nd Annual India Leadership Conclave’s Business Leadership Awards Dynamic Entrepreneur Award was shared by Shailendra Singh, Joint Managing Director, Percept Limited & Captain G.R.Gopinath, Founder Chairman of Deccan Aviations, who received the coveted Award at Mumbai last year.
Sunday, March 4, 2012
Saturday, March 3, 2012
Hunt to Choose the “Valuable Car of India” Intensifies at 3rd Annual India Leadership Conclave 2012
Hunt to Choose the “Valuable Car of India” Intensifies at 3rd Annual India Leadership Conclave 2012
In the Race for the coveted “India’s Most Valuable Car of The Year Award 2012”, Hyundai EON, Maruti Swift Dzire, Renault Pulse, Volkswagen Polo are in the race to win the coveted award as the sale of Car sales is expected to grow 11 to 13 per cent in 2012-13 in India & Indian Market set to fly high with rising income level & growing signs of healthy economy
Maharashtra, Mumbai, 4th March 2012: Brand India : The Emerging Superpower. Limitless Leadership, Limitless Possibilities is possibly the most aptly theme at the 3rd Annual India Leadership Conclave & Indian Affairs ( www.indianaffairs.in ) Business Leadership Awards 2012 ( www.indialeadershipconclave.asia ) to be held in the IT city of India Bengaluru, on Friday, 6th April 2012 at Hotel Lalit Ashoka, India as India is set to vote the prestigious & coveted India’s Most Valuable Car of The Year Award 2012 with top 4 stylish & most watched cars of india such as Hyundai EON, Maruti Swift Dzire, Renault Pulse, Volkswagen Polo, are competing to win the credible Award & are the nominees at the four wheeler segments.
India, which has been one of the world’s fastest growing car markets in recent years, suffered a slowdown in demand last year for numerous reasons. But its automobile sector has huge potential of growth in 2012. During the first nine months of the current fiscal year, total four-wheel passenger and commercial vehicles sold in India reached 2.37 million, while two-wheelers in the same period sold around 10 million. Still, India remains one of the fastest-growing automobile markets in the world as an expanding economy boosts disposable incomes among its estimated 350 million middle class populations. Car sales are estimated to jump to 3.0 million units a year by 2016. Global auto makers are flocking to India as half of India’s 1.25 billion population is less than 25 years old. The figure represents 610 million potential future car buyers, which is twice the size of the entire U.S. population and nearly two-thirds of the current global vehicle fleet of 965 million cars and trucks. The Indian market is dominated by two-wheeler, but there is a tendency of migrate on from two-wheeler to four-wheeler. The Car makers are bullish on India as it is widely expected significant growth as per capita income rises in tier-II and -III cities. Despite slowing economic growth, India’s young population, rising salaries and low penetration makes it a key market for global carmakers. The market is only 20 per cent for four-wheels, which is almost bigger than the whole GCC market. Passenger car sales in India have soared by 30% in the financial year 2010-2011 with total sales of 2.5 million cars in the period. The same growth is not expected to continue forward owing to surging raw material costs. In the fiscal year, a total of 64 new cars were launched which coupled along with cheap auto loans boosted car sales to 1.98 million units in the just-ended fiscal year to March 2011 from 1.53 million the previous year. Sales of new cars in India are likely to pick up in the next financial year, industry body Society of Automobile Manufacturers has also predicted. The body forecasts car sales to grow 11 to 13 per cent in 2012-13, well above the zero to two per cent growth it expects for this fiscal year. “There is some slowdown in Asia Pacific but it is a very good market with a huge potential. In the Asia Pacific market, China and India will drive the growth, The Indian market will be the third largest by the end of the decade behind the US and China. The global automobile market is expected to grow by 5 percent in the next two years and most of it will come from the Asia Pacific region
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC), South Korea and is the largest passenger car exporter and the second largest car manufacturer in India. Maruti Suzuki India Limited (MSIL, formerly Maruti Udyog Limited), a subsidiary of Suzuki Motor Corporation of Japan, is India's largest passenger car company, accounting for majority of the domestic car market. Its newly launched model Maruti Swift Dzire is also rapidly penetrating in the tier1 & 2 Cities. With an annual growth rate of around 20% in recent years, the Indian car market is one of the most buoyant in the world and is expected to become the fourth biggest within three years. To win its share of the market, Renault has acquired manufacturing facilities with the Renault-Nissan plant in Chennai, its own sales network, a logistics centre, an engineering centre shared with the Alliance and a design centre based in Mumbai. Renault Pulse is all set to constitute the core of Renault' product range in India. It will be followed in 2012 by Duster and a sedan. An extensive distribution network through the country will be completed before August 2012. A minimum of 35 cities will be covered (14 were opened as of May 2011). In addition, a Sales & Marketing team was organized within Renault India. These elements demonstrate Renault's ambitious strategy for the indian car market. For the record, Renault entered the Indian market in 2005 when it signed a partnership with Mahindra & Mahindra. In April 2010, this partnership was restructured so M&M is now responsible for the management of the Logan in the Indian market. Renault will continue to support M&M and the product through a License Agreement and supply of key components, including the engine and transmission. Rising input costs have forced French auto major Renault India to hike the cost of its latest hatchback 'Pulse' by two per cent, effective from March. The company had introduced Pulse in the domestic market at the Auto Expo in held January at an introductory price of Rs 5.77 lakh (ex-showroom Delhi).
Volkswagen Polo, the German automaker Volkswagen, has launched the New Polo in India, it was showcased at the Auto Expo 2010 but prices were not announced. It was first unvieled the all new 2009 Polo at the Geneva Auto Show '09. Volkswagen also unveiled the race version of the car in the Indian Market & is equipped with a 1.6-litre diesel engine that produces 130hp of peak torque and 250Nm of maximum torque. This racing car also comes with a 6-speed manual gearbox, Sachs adjustable racing suspension as well as all the necessary safety equipment such as an FIA approved roll cage.
The Final Winner for this coveted award will be announced on a star-studded glittering Award Gala Night on 6th April 2012 & by than India would have chosen their dream & Valuable car. It may be recalled that last year Fiat India received the prestigious Award last year at (www.indialeadershipconclave.com )2nd Annual India Leadership Conclave 2011 in Mumbai.
In the Race for the coveted “India’s Most Valuable Car of The Year Award 2012”, Hyundai EON, Maruti Swift Dzire, Renault Pulse, Volkswagen Polo are in the race to win the coveted award as the sale of Car sales is expected to grow 11 to 13 per cent in 2012-13 in India & Indian Market set to fly high with rising income level & growing signs of healthy economy
Maharashtra, Mumbai, 4th March 2012: Brand India : The Emerging Superpower. Limitless Leadership, Limitless Possibilities is possibly the most aptly theme at the 3rd Annual India Leadership Conclave & Indian Affairs ( www.indianaffairs.in ) Business Leadership Awards 2012 ( www.indialeadershipconclave.asia ) to be held in the IT city of India Bengaluru, on Friday, 6th April 2012 at Hotel Lalit Ashoka, India as India is set to vote the prestigious & coveted India’s Most Valuable Car of The Year Award 2012 with top 4 stylish & most watched cars of india such as Hyundai EON, Maruti Swift Dzire, Renault Pulse, Volkswagen Polo, are competing to win the credible Award & are the nominees at the four wheeler segments.
India, which has been one of the world’s fastest growing car markets in recent years, suffered a slowdown in demand last year for numerous reasons. But its automobile sector has huge potential of growth in 2012. During the first nine months of the current fiscal year, total four-wheel passenger and commercial vehicles sold in India reached 2.37 million, while two-wheelers in the same period sold around 10 million. Still, India remains one of the fastest-growing automobile markets in the world as an expanding economy boosts disposable incomes among its estimated 350 million middle class populations. Car sales are estimated to jump to 3.0 million units a year by 2016. Global auto makers are flocking to India as half of India’s 1.25 billion population is less than 25 years old. The figure represents 610 million potential future car buyers, which is twice the size of the entire U.S. population and nearly two-thirds of the current global vehicle fleet of 965 million cars and trucks. The Indian market is dominated by two-wheeler, but there is a tendency of migrate on from two-wheeler to four-wheeler. The Car makers are bullish on India as it is widely expected significant growth as per capita income rises in tier-II and -III cities. Despite slowing economic growth, India’s young population, rising salaries and low penetration makes it a key market for global carmakers. The market is only 20 per cent for four-wheels, which is almost bigger than the whole GCC market. Passenger car sales in India have soared by 30% in the financial year 2010-2011 with total sales of 2.5 million cars in the period. The same growth is not expected to continue forward owing to surging raw material costs. In the fiscal year, a total of 64 new cars were launched which coupled along with cheap auto loans boosted car sales to 1.98 million units in the just-ended fiscal year to March 2011 from 1.53 million the previous year. Sales of new cars in India are likely to pick up in the next financial year, industry body Society of Automobile Manufacturers has also predicted. The body forecasts car sales to grow 11 to 13 per cent in 2012-13, well above the zero to two per cent growth it expects for this fiscal year. “There is some slowdown in Asia Pacific but it is a very good market with a huge potential. In the Asia Pacific market, China and India will drive the growth, The Indian market will be the third largest by the end of the decade behind the US and China. The global automobile market is expected to grow by 5 percent in the next two years and most of it will come from the Asia Pacific region
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC), South Korea and is the largest passenger car exporter and the second largest car manufacturer in India. Maruti Suzuki India Limited (MSIL, formerly Maruti Udyog Limited), a subsidiary of Suzuki Motor Corporation of Japan, is India's largest passenger car company, accounting for majority of the domestic car market. Its newly launched model Maruti Swift Dzire is also rapidly penetrating in the tier1 & 2 Cities. With an annual growth rate of around 20% in recent years, the Indian car market is one of the most buoyant in the world and is expected to become the fourth biggest within three years. To win its share of the market, Renault has acquired manufacturing facilities with the Renault-Nissan plant in Chennai, its own sales network, a logistics centre, an engineering centre shared with the Alliance and a design centre based in Mumbai. Renault Pulse is all set to constitute the core of Renault' product range in India. It will be followed in 2012 by Duster and a sedan. An extensive distribution network through the country will be completed before August 2012. A minimum of 35 cities will be covered (14 were opened as of May 2011). In addition, a Sales & Marketing team was organized within Renault India. These elements demonstrate Renault's ambitious strategy for the indian car market. For the record, Renault entered the Indian market in 2005 when it signed a partnership with Mahindra & Mahindra. In April 2010, this partnership was restructured so M&M is now responsible for the management of the Logan in the Indian market. Renault will continue to support M&M and the product through a License Agreement and supply of key components, including the engine and transmission. Rising input costs have forced French auto major Renault India to hike the cost of its latest hatchback 'Pulse' by two per cent, effective from March. The company had introduced Pulse in the domestic market at the Auto Expo in held January at an introductory price of Rs 5.77 lakh (ex-showroom Delhi).
Volkswagen Polo, the German automaker Volkswagen, has launched the New Polo in India, it was showcased at the Auto Expo 2010 but prices were not announced. It was first unvieled the all new 2009 Polo at the Geneva Auto Show '09. Volkswagen also unveiled the race version of the car in the Indian Market & is equipped with a 1.6-litre diesel engine that produces 130hp of peak torque and 250Nm of maximum torque. This racing car also comes with a 6-speed manual gearbox, Sachs adjustable racing suspension as well as all the necessary safety equipment such as an FIA approved roll cage.
The Final Winner for this coveted award will be announced on a star-studded glittering Award Gala Night on 6th April 2012 & by than India would have chosen their dream & Valuable car. It may be recalled that last year Fiat India received the prestigious Award last year at (www.indialeadershipconclave.com )2nd Annual India Leadership Conclave 2011 in Mumbai.
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