IOC to focus on e-procurement
INDIAN Oil Corporation Ltd is putting in place a technology framework to take advantage of e-procurement and bring down its cost of purchase of materials. "To bring in new channels like electronic tendering and reverse auction, we at Indian Oil ...
Towards an organisational economy
THE demise of Sumantra Ghosal is a great loss to academics and practitioners alike in the field of strategic management and leadership. With C. K. Prahalad, Ghosal was one of the two Indians who, in recent times, had ...
Samsung India eyes over 30 pc rise in turnover
MAINTAINING that the focus will be on the niche product market, Samsung India Electronics Ltd (SIEL) believes that it's the `quality and not price' that will help in the long run. The company has chalked out aggressive strategies to capture the ...
Dabur looks to overseas markets for growth
WITH the FMCG market remaining sluggish and competition getting even more aggressive on the price front, Dabur India Ltd has decided to focus on its international operations for growth this fiscal. The company, which turned into a full-fledged ...
NMDC turnover up 20%; plans diversification
NATIONAL Mineral Development Corporation Ltd (NMDC) has posted a turnover of Rs 1,454 crore and a net profit of Rs 433 crore during 2003-04. The corporation's turnover has increased by 20 per cent and net profit has risen by 38.78 per cent ...
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