Uma Report

Sectoral Research

Acknowledgement

First & foremost, I thank God & my parents for their blessing showered on

me. All my efforts will remain meaningless until I submit my sincere thanks to the

following authorities, who helped me more than I expected, while I was working

on my project.

Finally I would like to thank our Director Prof.Toley and all faculty members

of our institute who have given me their valuable suggestions from time to time.

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Declaration

I hereby declare that the Sectoral Research project study which I have made

on Banking, Automobile & Information Technology sector is a genuine work done

by me for the partial fulfillment for the Post Graduate Management Program for

the academic year 2010-11 and the same has not been submitted in any other

institute, college or university.

Uma Patel

HR+IB

SIMMC 2009-11 Batch

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Index

Contents Page No.

Acknowledgement 1

Declaration 2

Banking 4

Axis Bank 10

ICICI Bank 23

SBI 34

HDFC Bank 45

Bank of Baroda 55

Automobile 66

Bajaj Auto 70

Yamaha 80

TVS Motor 85

Hero Honda 92

Suzuki 101

Information Technology 106

Wipro Limited 111

TCS 122

Infosys 135

HCL 145

Cognizant 156

Learning’s and Conclusion 164

Bibliography 165

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Banking Sector

Indian Banking History

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Banking in India originated in the last decades of the 18th century. The first banks were The General Bank of India, which started in 1786, and Bank of Hindustan, which started in 1790; both are now defunct. The oldest bank in existence in India is the State Bank of India, which originated in the Bank of Calcutta in June 1806, which almost immediately became the Bank of Bengal. This was one of the three presidency banks, the other two being the Bank of Bombay and the Bank of Madras, all three of which were established under charters from the British East India Company. For many years the Presidency banks acted as quasi-central banks, as did their successors. The three banks merged in 1921 to form the Imperial Bank of India, which, upon India's independence, became the State Bank of India. In 1934 RBI came into effectiveness and became banker for banks.

The nationalisation of banks in India took place in 1969 by Mrs. Indira Gandhi the then prime minister. It nationalised 14 banks then. These banks were mostly owned by businessmen and even managed by them. Before the steps of nationalisation of Indian banks, only State Bank of India (SBI) was nationalised. It took place in July 1955 under the SBI Act of 1955. Nationalisation of Seven State Banks of India (formed subsidiary) took place on 19th July, 1960.

RBI (Reserve Bank Of India)

The central bank of the country is the Reserve Bank of India (RBI). It was established in April 1935 with a share capital of Rs. 5 crores on the basis of the recommendations of the Hilton Young Commission. The share capital was divided into shares of Rs. 100 each fully paid which was entirely owned by private shareholders in the beginning. The Government held shares of nominal value of Rs. 2,20,000.

Reserve Bank of India was nationalised in the year 1949. The general superintendence and direction of the Bank is entrusted to Central Board of Directors of 20 members, the Governor and four Deputy Governors, one Government official from the Ministry of Finance, ten nominated Directors by the Government to give representation to important elements in the economic life of the country, and four nominated Directors by the Central Government to represent the four local Boards with the headquarters at Mumbai, Kolkata, Chennai and New Delhi. Local Boards consist of five members each Central Government appointed for a term of four years to represent territorial and economic interests and the interests of co-operative and indigenous banks.

The Reserve Bank of India Act, 1934 was commenced on April 1, 1935. The Act, 1934 (II of

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1934) provides the statutory basis of the functioning of the Bank.

The Bank was constituted for the need of following:

To regulate the issue of banknotes

To maintain reserves with a view to securing monetary stability and

To operate the credit and currency system of the country to its advantage.

Financial Structure

1. Commercial banks

a. Public sector

b. Private sector

c. Foreign banks

d. Cooperative institutions

(i) Urban cooperative banks

(ii) State cooperative banks

(iii) Central cooperative banks

2. Financial institutions

a. All-India financial institutions (AIFIs)

b. State financial corporations (SFCs)

c. State industrial development corporations (SIDCs)

3. Nonbanking financial companies (NBFCs)

4. Capital market intermediaries.

About 92 percent of the country’s banking segment is under State control while the balance comprises private sector and foreign banks.

Facts about Banking In India

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The banking system remains, as always, the most dominant segment of the financial sector. Indian banks continue to build on their strengths under the regulator's watchful eye and hence, have emerged stronger.

In the annual international ranking conducted by UK-based Brand Finance Plc, 18 Indian banks have been included in the Brand Finance® Global Banking 500. In fact, State Bank of India (SBI), which is the first Indian bank to be ranked among the Top 50 banks in the world, has improved its position from 36th to 34th, as per the Brand Finance study released on February 1, 2011. The brand value of SBI has enhanced to US$ 1.12 billion. ICICI Bank, the only other Indian bank in the top 100 club has improved its position with a brand value of US$ 2.5 billion. Indian banks contributed 1.7 per cent to the total global brand value at US$ 14.74 billion and grew by 19 per cent in 2011, according to the study.

Nationalised banks, as a group, accounted for 51.2 per cent of the aggregate deposits, while State Bank of India (SBI) and its associates accounted for 22.5 per cent, according to Reserve Bank of India's (RBI) 'Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks: September 2010'. The share of New private sector banks, Old private sector banks, Foreign banks and Regional Rural banks in aggregate deposits was 13.5 per cent, 4.5 per cent, 5.2 per cent and 3.1 per cent respectively.

With respect to gross bank credit also, nationalised banks hold the highest share of 50.9 per cent in the total bank credit, with SBI and its associates at 23.1 per cent and New Private sector banks at 13.7 per cent. Foreign banks, Old private sector banks and Regional Rural banks held relatively lower shares in the total bank credit with 5.2 per cent, 4.5 per cent and 2.5 per cent respectively.

The report also found that scheduled commercial bank offices (with deposits of US$ 2.25 or more) accounted for 66.2 per cent of the bank offices, 96.6 per cent in terms of aggregate deposits and 93.8 per cent in total bank credit.

Bank loans registered a growth of 21.38 per cent in 2010-11, while deposit growth stood at 15.84 per cent, according to data released by RBI. Analysts and bankers said a growth rate of 18 per cent in deposits and 20 per cent in credit should be sustainable for banks in 2011-12.

India's foreign exchange reserves stood at US$ 308.2 billion as on April 8, 2011, according to the data in the weekly statistical supplement released by RBI.

Indians who live and work abroad have remitted US$ 55 billion in 2010 as compared to US$ 49.6 billion in 2009 and have topped the world list in sending money back home, according to World Bank's Migration and Remittances Factbook 2011. With online money transfer services

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provided by many banks becoming popular, remitting money from any corner of the world is no more a problem.

Indian Banks Association (IBA)

The Indian Banks Association (IBA) was formed on the 26th September, 1946 with 22 members. Today IBA has more than 156 members comprising of Public Sector banks, Private Sector banks, Foreign banks having offices in India, Urban Co-operative banks, Developmental financial institutions, Federations, merchant banks, mutual funds, housing finance corporations, etc.

The functioning of IBA

To promote sound and progressive banking principles and practices. To render assistance and to provide common services to members. To organise co-ordination and co-operation on procedural, legal, technical, administrative

and professional matters. To collect, classify and circulate statistical and other information. To pool together expertise towards common purposes such as reduction in costs, increase

in efficiency, productivity and improve systems, procedures and banking practices. To project good public image of banking through publicity and public relations. To encourage sports and cultural activities among bank employees.

The Offices of IBAStadium House, Block II & III, 6th Floor,Veer Nariman Road, Mumbai 400 020.Tel.:91-22- 22894500, Fax:91-22-22835638

World Trade Centre Complex, Centre I, Units 1,2 & 4,6th Floor, Cuffe Parade,Mumbai-400 005.Tel.:91-22- 22174040, Telex: 011 85146, Fax:91-22-22184222.Email: [email protected]

The Organisational Structure of IBAThe Managing Committee manages the affairs, business and funds of IBA. The managing Committee is elected by the Ordinary members of the Association, and is the highest management and policy making body of the Association.

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The Chairman of the Association heads upon the working of the Association. He provides guidelines to the Association. The administrative head of IBA is the Chief Executive of IBA. He is also the Secretary to the Managing Committee. He leads a team of executives, officers and other staff members.

Top Banks in India

With the advancement of technology and the birth of competition, banks are in the race of becoming the best in the country. With an eye upon customer satisfaction policy they are providing best of the best services with the minimum hazards.

Banks like ABN AMRO introduced banking with a coffee. It made a tie-up with one of the best coffee bar in the country, Barista and remained open till late evening for customers with a setup of a coffee bar in the premises.

Few banks have introduced world ATM card to make travellers across the globe more safe and secure. What else. Internet and Phone Banking is the call of the day for banks.

In this race towards the best, some top banks of India are as follows:

1. Abn Amro Bank2. Allahabad Bank 3. American Express Bank4. Andhra Bank5. Bank of India6. Canara Bank7. Central Bank Of India8. Citibank9. Corporation Bank10. HDFC Bank11. HSBC Bank12. ICICI Bank13. Indian Overseas Bank14. Oriental Bank Of Commerce15. Punjab National Bank16. State Bank Of India (SBI)17. Standard Chartered Bank18. IDBI19. United Bank Of India20. Axis bank

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Axis Bank

Overview & History

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Axis Bank Limited, formerly UTI Bank, is a financial services firm that had begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the Specified Undertaking of the Unit Trust of India (UTI-I), Life Insurance Corporation of India (LIC), General Insurance Corporation Ltd., National Insurance Company Ltd., The New India Assurance Company, The Oriental Insurance Corporation and United India Insurance Company UTI-I holds a special position in the Indian capital markets and has promoted many leading financial institutions in the country. The bank changed its name to Axis Bank in April 2007 to avoid confusion with other unrelated entities with similar name.

After the Retirement of Mr. P. J. Nayak, Shikha Sharma was named as the bank's managing director and CEO on 20 April 2009. As on the year ended 31 March 2009 the Bank had a total income of Indian Rupee 13,745.04 crore (US$3.05 billion) and a net profit of Indian Rupee 1,812.93 crore (US$402.47 million).

On 24 February 2010, Axis Bank announced the launch of 'AXIS CALL & PAY on atom', a unique mobile payments solution using Axis Bank debit cards. Axis Bank is the first bank in the country to provide a secure debit card-based payment service over IVR.

Info

Type PublicTraded as BSE: 532215

LSE: AXBCIndustry Banking

Financial servicesFounded 1995Headquarters Mumbai, Maharashtra, IndiaArea served WorldwideKey people Adarsh Kishore

(Chairman)Shikha Sharma(MD & CEO)

Products Investment Banking, Commercial BankingRetail Banking, Private BankingAsset Management, Mortgages, Credit Cards

Revenue US$ 3.465 billion (2010)Net income US$ 550 million (2010)Total assets US$ 40.121 billion (2010)Employees 21,640 (2010)Website Axisbank.comHeadquarters 131, Maker Tower - F,

Cuffe Parade, Colaba, Mumbai

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Phone Number +91-22-6707-4407

Awards & Recognitions

Following are the recognition received by the Bank during the Year 2009:

Business World ,Best Bank Awards- Fastest Growing Large Bank Business Today,Best Bank Awards - India's Best Bank, India's Fastest Growing Bank,

India's Most Consistent Bank ET Intelligence Group-Best Bank 2009 NDTV Profit Business Leadership Awards 2009 -Best bank Private Sector Forbes Fab 50-The Best of Asia Pacific's Biggest Listed Company FE Best Banks Award-Best New Private Sector bank,Rank 1 Talisma - Customer Appreciation Award 2009 D & B Best Bank Awards - Best Private Bank Lafferty Award - Best Annual Report-India

Management Team Board of Directors

Adarsh Kishore Chairman

Shikha Sharma Managing Director & CEO

M. M. Agrawal Deputy Managing Director

N. C. SinghalDirector

J. R. VarmaDirector

R. H. Patil Director

Rama Bijapurkar Director

R. B. L. Vaish Director

M. V. Subbiah

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Director

K. N. Prithviraj Director

V. R. Kaundinya Director

S. B. Mathur Director

THE CORE MANAGEMENT TEAM S. K. Chakrabarti Executive Director (Retail Banking, SME and Agri.)

V. Srinivasan Executive Director (Corporate Banking)

Somnath Sengupta Executive Director and CFO

Snehomoy Bhattacharya Executive Director

S. S. Bajaj President & Chief Compliance Officer

P. Mukherjee President - Large Corporates & International Banking

Vinod George President - Wholesale Banking Operations

M. V. Subramanian President - Business Banking

Rajagopal Srivatsa President - IT and Retail Banking Operations

S. K. Supekar President & Chief Audit Executive

B. Gopalakrishnan President – Law

Manju Srivatsa

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President - Retail Banking (Assets)

Bapi Munshi President & Chief Risk Officer

C. Babu Joseph President – Advances

Sonu Bhasin President - Retail Banking (Liabilities)

Sanjeev K. Gupta President - Finance & Accounts and Investor Relations

V. K. Bajaj President - Mid Corporates

Sidharth Rath President - Infrastructure Business

R. K. Bammi President - North Zone

S. K. Nandi President - West Zone

S. K. Mitra President - East Zone

C. P. RangarajanPresident – South Zone

Products

Accounts

EasyAccess Savings Account - The account is an endeavor by the Bank to understand the consumers' needs and redefine banking to suit your requirements for a truly comfortable banking experience. EasyAccess Savings Account gives you instant access

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to your money anywhere, anytime. Possessing a range of unmatched features, it has been devised to better suit the convenience of our eclectic client base. You can avail of all these services with a minimum quarterly average balance of Rs. 5,000 in metro or urban centers, Rs. 2,500 in semi urban centers and Rs. 1,000 in rural centers.

Krishi Savings Account - Axis Bank offers a unique savings account which is easy to operate and allows you to transact immediately. This product has been specially designed keeping in mind the unique requirements of a farmer and others employed in the allied agricultural activities sector. Thus this product has been called the Krishi Savings Account.The Krishi Savings Account has also been extended for the below given "Allied Agricultural Activities":Animal Husbandry; Dairy/Poultry Farming {Members of Village Level Co-op Societies Such as Milk Co-op Society, Kharedi Vechan Sangh, Self help Groups Etc}; Fishery & Aquaculturesector; Horticulture; Sericulture; Floriculture; Handicraft Industry (Registered with Khadi and Gram-Udyog Dept); Fruits and Vegetable Vendors {Corporation licence, or letter from the Govt Authority}; Members of Tribal and Rural Development trusts {Such as Agakhan Trust, BIAF etc}; Vermi-compost and organic Manure Suppliers; Nursery Units; Landless Laborers.

Salary Account – Axis Bank Salary Account offering has six variants, as follows: Privée Salary - For employees with net monthly salary of Rs.5,00,000/- or more Wealth Salary - For employees with net monthly salary of Rs.2,00,000/- or more Priority Salary - For employees with net monthly salary of Rs.75,000/- or more Prime Salary - For employees with net monthly salary of Rs.25,000/- or more Easy Access Salary - For employees with net monthly salary of Rs.9,000/- or

more Salary Plus - For employees with net monthly salary of Rs.9,000/- or more.

Currently being offered only to existing relationships Smart Pay Card - For employees with net monthly salary less than Rs.9,000/-

Women's Savings Account - The account is an endeavor by the Bank to understand the consumers' needs and redefine banking to suit your requirements for a truly comfortable banking experience. Women's Savings Account gives you instant access to your money anywhere, anytime. With the Women's Savings Account, you can manage your money and your life and Furthermore Axis Bank's Women's Savings Account ensures that you have enough time for all the important things in life.

Senior Citizen's Account - Axis Bank's Senior citizen Savings Account. The account is an endeavor by the Bank to understand the consumers' needs and redefine banking to suit

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your requirements for a truly comfortable banking experience. Senior citizen Savings Account gives you instant access to your money anywhere, anytime.Axis Bank's Senior Citizen Savings Account has been designed keeping in mind the fact that a Senior citizen's banking requirements are wholly different and require special consideration.

Power Salute - Defence Salary Account from Axis Bank is a product designed keeping in mind how tough a life in the Defence Forces is. Not only does it come to you absolutely free, no minimum balance is required either. You can also access the entire Axis Bank network, including more than 896 branches and over 4055 ATMs (as on 31st December 2009) no matter where you are posted.

With the complete gamut of banking services (including overdrafts, loans and zero-balance requirements) you can now rest assured about your family and all their financial needs. It's our way of showing our appreciation to your work.

Pension Savings Account - Pension Savings Bank Account, from Axis Bank is specifically, designed for Pensioner's (Existing & Prospective) of Central Govt. Civil Ministries/ Departments & Defence Ministry keeping in mind the fact that a Pensioner's banking requirements are wholly different and require special consideration.

Deposits

Fixed Deposits - Axis Bank offers you simple reinvestment Fixed Deposits (at very competitive interest rates), which can be opened with a minimum investment of Rs 10,000. You can make additions to your deposit in multiples of Rs 1,000 each. The tenure of your deposit must be a minimum of 6 months.

Loans

Following are loans which axis bank offers:

Home Loan Car Loan Personal Loan Loan Against Shares Loan Against Property

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Loan Against Security Education Loan Consumer Loan

Forex

Travel Currency Card - Axis Bank's Travel Currency Card aims to make traveling abroad a truly memorable experience. Available off the shelf at your nearest Axis Bank Branch and select FFMCs (Full Fledged Moneychangers), the Travel Currency Card is a secure, convenient and hassle free way to carry money and make payments when in foreign shores. With it you can attend to your business, enjoy the delightful tourist spots, dine out, and take in the breathtaking landscape and exotic culture of the country without worrying about money changers and converting your traveller's cheques into local currency. The Travel Currency Card gives you a 24-hour access to your money. Withdraw funds in the local currency from any Visa or Visa Plus ATM's (Automated Teller Machine) as well as pay for all your purchases in any country you visit, anywhere in the world.

India Travel Card - Presenting the Axis Bank India Travel Card, a unique prepaid debit card to secure your currency needs when you travel in India. Loaded with a host of unique features, the India Travel Card is designed to make your trip more enjoyable and

free from foreign currency exchange hassles. Foreign Currency Travellers Cheques - A tried and tested way of carrying foreign

exchange overseas. American Express Traveler's cheques are widely accepted globally as a mode of payment in many parts of the world. It is always worthwhile taking some of Travelers' Cheques is that they can be replaced if they are lost or stolen. It always helps if you keep a record of your travelers' cheque numbers in a safe place, preferably a copy with you (but not with your cheques) and another copy at home (or somewhere where someone can fax them to you if you need to make a claim for lost cheques).

Foreign Currency Cash - Cash is the oldest and commonest method of carrying foreign exchange overseas. Carrying small amount of local currency or internationally acceptable currency variants in your wallet when you travel overseas is reassuring and convenient - especially to make payments for the services you may require on your arrival at the destination. According to FEMA guidelines, the maximum amount of currency that can be availed of for any purpose of travel is the equivalent of USD 2,000.

Payments

Bill Pay - Axis Bank's Bill Pay service enables you to make secure payments from the comfort of your home or office. So its time to say goodbye to late payment fines, long queues, lost bills, and commissions paid to local errand boys.

Features:

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Pay bills without stepping out of your home or office Link multiple bills to your account View and Pay bills anytime, anywhere Fast, convenience and hassle-free Access to all major utility billers Get updates for pending bills

Electronic Clearing Service - ECS is an electronic clearing system that facilitates paperless credit / debit transaction directly linked to your account and also provides for a faster method of effecting periodic and repetitive payments. Through ECS (Debit), you can pay all your Utility bills (electricity/telephone/Mobile bills, credit cards, etc), Mutual Fund (SIP), Insurance Premium, Loan Installments, credit card payments, payments of donations and other bill payments.

Tax e-Payments - Axis Bank is authorised by Reserve Bank of India (RBI) and Govt. of India for collecting Income/ other Direct Taxes and Central Excise & Service Tax since August 2003 through its authorised Braches and through e-Payments. You can pay your Income / Other Direct Taxes, as well as Central Excise & Service Tax* through iConnect from your account online and get on-line acknowledgement of the payment by way of a Cyber Receipt, including Challan Identification Number (CIN) immediately after making the payment.

Direct Tax Payment - The Bank is authorised for Collection of Income or Other Direct Taxes on behalf of Central Board of Direct Taxes (CBDT) w.e.f 1 October, 2003. The assessees or taxpayers can pay Income or Other Direct Taxes as listed below at 214 authorised branches of Axis Bank across the country and also by online mode through 'e-Payment' Facility' in case they maintain Accounts with Axis Bank.

Corporation Tax - Tax on Companies and Tax Deducted at Source from Companies

Income Tax Interest Tax and Expenditure Tax Gift Tax Wealth Tax Fringe Benefit Tax (FBT) Securities Transaction Tax (STT) Banking Cash Transaction Tax (BCTT) Other Tax Deducted or collected at source (TDS or TCS) on salaries of

employees, income from Fixed Deposits, Vendor Payments, Rent, Income from Game Shows or Lottery, etc.

Any other Direct Tax including Advance Tax

Other Services

Prepaid Mobile Recharge - In today's age of 24 hours connectivity, do you still need to go to the roadside vendor every time your mobile runs out of talk time? And what happens when your roadside vendors does not stock up your operator's recharge coupons?

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With Axis Bank's mobile recharge facility, you no longer have to worry about losing your mobile connectivity anytime of the day or night. Axis Bank's prepaid mobile recharge facility enables you to recharge your mobile over the internet. Now all Axis Bank customers can use their Savings Bank Account to recharge their prepaid mobile phone instantly using iConnect. The process of recharging is hassle free and instantaneous.

Online Shopping - Axis Bank offers you the convenience of shopping at many major Online stores from the comfort of your home or office. All you need is an internet enabled PC. You can choose & then get the items delivered at your doorstep. You can also avail of numerous online services, get to know about the current special offers/discounts and get a preview of the new items added on to the shelves by these online retailers/service providers. You can shop as much as you like and conveniently make instant payments by debiting your account through the secured payment channel, iConnect - Axis Bank internet banking platform.

Financial StatsIncome Statement

Mar 10 Mar 09 Mar 08

Revenue 3,465.5 2,268.9 1,916.0

Cost of Goods Sold -- -- --

Gross Profit 3,465.5 2,268.9 1,916.0

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Gross Profit Margin --% --% --%

SG&A Expense 283.7 192.2 165.6

Depreciation & Amortization -- -- --

Operating Income 550.4 347.5 265.4

Operating Margin 15.9% 15.3% 13.9%

Nonoperating Income -- -- --

Nonoperating Expenses -- -- --

Income Before Taxes -- -- --

Net Income After Taxes 0 0 0

Continuing Operations 550.4 347.5 265.4

Discontinued Operations -- -- --

Total Operations 550.4 347.5 265.4

Total Net Income 550.4 347.5 265.4

Net Profit Margin 15.9% 15.3% 13.9%

Diluted EPS from Total Net Income

1.41 0.96 0.78

Dividends per Share 0.22 -- --

All amounts in millions of US Dollars except per share amounts.

Balance Sheet

Assets Mar 10 Mar 09 Mar 08

Current Assets

Cash -- -- --

Net Receivables -- -- --

Inventories -- -- --

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Other Current Assets -- -- --

Total Current Assets -- -- --

Net Fixed Assets 271.5 207.5 233.7

Other Noncurrent Assets 39,850.4 28,106.1 27,223.7

Total Assets 40,121.9 28,313.5 27,457.3


Current Liabilities

Accounts Payable -- -- --

Short-Term Debt -- -- --

Other Current Liabilities -- -- --

Total Current Liabilities -- -- --

Long-Term Debt -- -- --

Other Noncurrent Liabilities 36,558.4 26,359.0 25,263.6

Total Liabilities 36,558.4 26,359.0 25,263.6


Cash Flow Statement


Net Operating Cash Flow (4) 1,981 1,539

Net Investing Cash Flow (1,127.2) (1,825.9) (1,223.1)

Net Financing Cash Flow 1,178.0 324.4 1,084.0

Net Change in Cash 46.5 481.9 1,400.2

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Depreciation & Amortization

Capital Expenditures (92.2) (74.4) (110.7)

Cash Dividends Paid (93.4) (48.2) (37.3)


ICICI Bank

Overview

ICICI Bank Limited is a major banking and financial services company based in Mumbai. It is the second largest bank in India and the largest private sector bank in India by market capitalization. The bank also has a network of 2,529 ranches (as on 31 March 2010) and about 6,102 ATMs in India and presence in 19 countries, as well as some 24 million customers (at the end of July 2007). ICICI Bank offers a wide range of banking products and financial services to

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corporate and retail customers through a variety of delivery channels and specialization subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management. (These data are dynamic.) ICICI Bank is also the largest issuer of credit cards in India. ICICI Bank's shares are listed on the stock exchanges at BSE, NSE, Kolkata and Vadodara (formerly Baroda) ; its ADRs trade on the New York Stock Exchange (NYSE).

The Bank is expanding in overseas markets and has the largest international balance sheet among Indian banks. ICICI Bank now has wholly owned subsidiaries, branches and representatives offices in 19 countries, including an offshore unit in Mumbai. This includes wholly owned subsidiaries in Canada, Russia and the UK (the subsidiary through which the HiSAVE savings brand is operated), offshore banking units in Bahrain and Singapore, an advisory branch in Dubai, branches in Belgium, Hong Kong and Sri Lanka, and representative offices in Bangladesh, China, Malaysia, Indonesia, South Africa, Thailand, the United Arab Emirates and USA. Overseas, the Bank is targeting the NRI (Non-Resident Indian) population in particular.

ICICI reported a 1.15% rise in net profit to Indian Rupee 1,014.21 crore on a 1.29% increase in total income to Indian Rupee 9,712.31 crore in Q2 September 2008 over Q2 September 2007. The bank's CASA ratio increased to 30% in 2008 from 25% in 2007. ICICI Bank is one of the Big Four banks of India, along with State Bank of India, Punjab National Bank and HDFC Bank—its main competitors.

Info


NSE: ICICIBANKIndustry Banking

Financial servicesFounded 1955Headquarters Mumbai, Maharashtra, IndiaKey people K.V. Kamath

(Chairman)

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Chanda Kochhar(MD & CEO)Mr. N. S. Kannan(CFO)

Products Finance and insurance, Retail BankingCommercial Banking, MortgagesCredit Cards, Private BankingAsset Management, Investment Banking

Revenue US$ 13.237 billion (2010)Net income US$ 1.037 billion (2010)Total assets US$ 108.684 billion (2010)Employees 74,056 (2010)Website Icicibank.comHeadquarters ICICI Bank Towers,

Bandra-Kurla Complex, MumbaiPhone Number +91-22-2653-1414

History

In 1955, The Industrial Credit and Investment Corporation of India Limited (ICICI) was incorporated at the initiative of World Bank, the Government of India and representatives of Indian industry, with the objective of creating a development financial institution for providing medium-term and long-term project financing to Indian businesses. In 1994, ICICI established Banking Corporation as a banking subsidiary. Formerly known as Industrial Credit and Investment Corporation of India, ICICI Banking Corporation was later renamed as 'ICICI Bank Limited'. ICICI founded a separate legal entity, ICICI Bank, to undertake normal banking operations - taking deposits, credit cards, car loans etc. In 2001, ICICI acquired Bank of Madura (est. 1943). Bank of Madura was a Chettiar bank, and had acquired Chettinad Mercantile Bank (est. 1933) and Illanji Bank (established 1904) in the 1960s. In 2002, The Boards of Directors of ICICI and ICICI Bank approved the reverse merger of ICICI, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, into ICICI Bank. After receiving all necessary regulatory approvals, ICICI integrated the group's financing and banking operations, both wholesale and retail, into a single entity. At the same time, ICICI started its international expansion by opening representative offices in New York and London. In India, ICICI Bank bought the Shimla and Darjeeling branches that Standard Chartered Bank had inherited when it acquired Grindlays Bank.

In 2003, ICICI opened subsidiaries in Canada and the United Kingdom (UK), and in the UK it established an alliance with Lloyds TSB. It also opened an Offshore Banking Unit (OBU) in Singapore and representative offices in Dubai and Shanghai. In 2004, ICICI opened a representative office in Bangladesh to tap the extensive trade between that country, India and South Africa. In 2005, ICICI acquired Investitsionno-Kreditny Bank (IKB), a Russia bank with about US$4mn in assets, head office in Balabanovo in the Kaluga region, and with a branch in

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Moscow. ICICI renamed the bank ICICI Bank Eurasia. Also, ICICI established a branch in Dubai International Financial Centre and in Hong Kong. In 2006, ICICI Bank UK opened a branch in Antwerp, in Belgium. ICICI opened representative offices in Bangkok, Jakarta, and Kuala Lumpur. In 2007, ICICI amalgamated Sangli Bank, which was headquartered in Sangli, in Maharashtra State, and which had 158 branches in Maharashtra and another 31 in Karnataka State. Sangli Bank had been founded in 1916 and was particularly strong in rural areas. With respect to the international sphere, ICICI also received permission from the government of Qatar to open a branch in Doha. Also, ICICI Bank Eurasia opened a second branch, this time in St. Petersburg. In 2008, The US Federal Reserve permitted ICICI to convert its representative office in New York into a branch. ICICI also established a branch in Frankfurt. In 2009, ICICI made huge changes in its organisation like elimination of loss making department and restreching outsourced staff or renegotiate their charges in consequent to the recession. In addition to this, ICICI adopted a massive approach aims for cost control and cost cutting. In consequent of it, compesation to staff was not increased and no bonus declared for 2008-09.

On 23 May ICICI Bank announced that it would merge with Bank of Rajasthan through a share-swap in a non-cash deal that values the Bank of Rajasthan at about Indian Rupee 3,000 crore. ₹ICICI announced that the merger expand ICICI Bank's branch network by 25%.

On 18h October 2010, ICICI will inaugurate I-Express, an instant cross-border money transfer option for Non-Resident Indians (NRIs). This service will be available through the ICICI Bank's select partners in the Gulf Cooperation Council.

Awards

2011

ICICI Bank ranked 5th in the list of "57 Indian Companies", and 288 th in World Rankings in Forbes Global 2000 list.

Ms. Chanda Kochhar Managing Director & CEO, was conferred with the “Transformational Business Leader of the Year” , by All India Management Association (AIMA).

Ms. Chanda Kochhar, Managing Director & CEO, was ranked 17th in Fortune's 25 Most Powerful CEOs in Asia.

Ms. Chanda Kochhar, Managing Director & CEO, was ranked as the 5th most recognized and respected company leaders by American research firm, Penn Schoen Berland (PSB). The survey was conducted among 600 respondents from US, EU, Asia-Pacific and India in March

Ms. Chanda Kochhar Managing Director & CEO ranks 41 in the "50 Power List 2011", by India Today.

2010

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Ms Chanda Kochhar, Managing Director & CEO, conferred the Outstanding Woman Business Leader of the Year award by CNBC TV18

ICICI Bank awarded the most Tech-friendly Bank award by Business World Ms Chanda Kochhar featured in Business Today's list of 30 most powerful women

leaders for the 8th consecutive year Ms. Chanda Kochhar, Managing Director & CEO, ranked 92nd in Forbes list of the Most

Powerful Women in the world Ms.Chanda Kochhar, Managing Director & CEO was ranked 10th in the International

Fortune list of 50 most powerful women in business ICICI Bank was voted as the Most Trusted Brand among private sector banks in the 2010

Economic Times - Brand Equity Most Trusted Brands Awards and ranked 7th in the list of Top 50 service brands.

Board of DirectorsMs. Chanda D. Kochhar,Managing Director & CEO

Mr. N. S. Kannan,Executive Director & CFO

Mr. K. Ramkumar,Executive Director

Mr. Rajiv Sabharwal,Executive Director

Mr. K. V. Kamath, ChairmanMr. Sridar IyengarMr. Homi R. KhusrokhanDr. Anup K. PujariMr. M.S. RamachandranDr. Tushaar ShahMr. V. Sridar

Products

Accounts & DepositsICICI Bank has designed a gamut of accounts and deposits to cater to your unique banking needs. Add this to our extensive branch & ATM network and facilities like mobile, phone, internet and doorstep banking, and experience banking at its best.

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Dream Deposits - All of us have ‘dreams’. We dream for ourselves, for our families,, friends and relatives and for society at large too.Some of our dreams are need based, while some aspirational. The dreams that are close to us; they mean everything.. We all want to nurture them and if possible secure them so that we can accomplish them under all odds. So be it our child’s education, daughter’s marriage, owning a home, driving our car or planning our retirement, it is imperative that we secure them at all costs.ICICI Bank is proud to present ‘Dream Deposits’ - A unique offering of four deposit plans that enable you realise your dreams at every stage of your life.

Dream Car Plan Dream Home Plan Dream Education Plan Dream Retirement Plan

Special Savings Account - ICICI Bank’s Special Savings Account provides comprehensive banking services to non profit motive organizations like Trusts, Associations, Societies, Clubs, NGOs, Hospitals, Educational and Research Institutes and section 25 companies and entities eligible for a savings account as per RBI Guidelines.

Recurring Deposits - ICICI Bank Recurring Deposits are an ideal way to invest small amounts of money every month and end up with a large kitty on maturity. High recurring billing and recurring payments can be a drain on your finances and hence large investments may seem a plan away.

Let ICICI help you in processing your recurring payment through their recurring billing software that keeps track of your investments with us. This can be easily availed of through a recurring account online that comes with letting us serve you through Internet banking. You may even transfer funds through Internet banking into your recurring account. A recurring account transfer gets done in seconds through Internet banking.

Salary Account - ICICI Bank Salary Account is a benefit-rich payroll account for Employers and Employees.As an organization, you can opt for Salary Accounts to enable easy disbursements of salaries and enjoy numerous other benefits too.

With ICICI Bank Salary Accounts your employees will enjoy the convenience of :

Having the largest network of ATMs at their command. Free 24 hour Phone Banking. Free Internet Banking.

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Silver Savings Account - ICICI Bank’s Silver Savings Account entitles you to select privileges and offers.

The ICICI Bank International VISA debit card is a debit-cum-ATM card providing you with the convenience of acceptance at merchant establishments and cash withdrawals at ATMs.

Money Multiplier Facility. Internet Banking is offered free of cost. You can give us various types of standing instructions like transferring to fixed

deposit accounts at regular intervals. Nomination facility is available. Interest is payable half-yearly.

Privilege Banking - Choose the ICICI Bank Privilege Banking account to enjoy exclusive benefits across wide range of product and services. The Privilege banking account variants we offer are - gold and titanium; each designed to suit your specific needs. In addition to benefits like money multiplier, nomination facility, internet banking and mobile banking, you can avail other special privileges like:

Priority service at all ICICI bank branches and through Customer Care. Preferential rate on purchase of ICICI Bank pure gold and foreign exchange. Discount on annual fee for safe deposit locker. Special rates on ICICI Bank loans. Preferential rate on DD/ PO charges. Multi-city cheque book.

LoansICICI Bank offers wide variety of Loans Products to suit your requirements.Coupled with convenience of networked branches/ ATMs and facility of E-channels like Internet and Mobile Banking, ICICI Bank brings banking at your doorstep.

Home Loans Loan Against Property Land Loan Home Improvement Loans Lease Rental Discounting Balance Transfer

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EMI Under Construction

InvestmentsICICI Bank care about all your needs . Along with Deposit products and Loan offerings, ICICI Bank assists you to manage your finances by providing various investment options ranging from ICICI Bank Tax Saving Bonds to Equity Investments through Initial Public Offers and Investment in Pure Gold. ICICI Bank facilitates following investment products:

ICICI Bank Bonds GOI Bonds Mutual Funds IPO ASBA Senior Citizens Savings Scheme, 2004 Forex Services

Demat

ICICI Bank Demat Services boasts of an ever-growing customer base of over 16.83 lacs customer base as on 10.02.11 account holders. ICICI Bank continuous endeavor to offer best of the class services to customers they offer the following features:

e-Instructions: You can transfer securities 24 hours a day, 7 days a week through Internet & Interactive Voice Response (IVR) at a lower cost. Now with "Speak to transfer", you can also transfer or pledge instructions through our customer care officer.

Digitally Signed Statement: Receive your account statement and bill by email. Corporate Benefit Tracking: Track your dividend, interest, bonus through your account

statement. Mobile Request: Access your demat account by sending SMS to enquire about

Holdings, Transactions, Bill & ISIN details.

Mobile Banking Your answer to quick, easy and convenient banking is here! ICICI Bank’s Mobile Banking puts you in command of your bank account with just your mobile phone.

With Mobile Banking, you can conduct any financial and non financial transactions effortlessly and securely. From making payments to checking your account information, Mobile Banking allows you to bank from anywhere at any time.

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Revenue 3,451.0 13,237.1 12,298.1


Gross Profit 3,451.0 13,237.1 12,298.1


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SG&A Expense 5,483.2 4,610.8

Depreciation & Amortization 17.4 169.4 154.6

Operating Income

Operating Margin --% --% --%



Income Before Taxes 1,489.4 -- --

Net Income After Taxes 1,134.8 0 0

Continuing Operations 1,134.8 1,037.3 685.7


Total Operations 1,134.8 1,037.3 685.7

Total Net Income 1,134.8 1,037.3 685.7



2.35 0.93 0.61

Dividends per Share 0.53 0.49 0.42


Balance Sheet


Current Assets

Cash 7,510.0 10,470.7 6,721.3





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Net Fixed Assets 4,646.6 857.8 862.2

Other Noncurrent Assets 84,846. 8 107,826.2 91,669.7

Total Assets 89,493.4 108,684.0 92,531.9


Current Liabilities





Long-Term Debt 24,134.7 25,696.6 16,944.7




Cash Flow Statement


Net Operating Cash Flow 6,563 (4,261)

Net Investing Cash Flow (3,467.7) 1,489.5

Net Financing Cash Flow (320.3) 583.5

Net Change in Cash 2,683.6 (1,968.2)


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Capital Expenditures (147.8) (250.6)

Cash Dividends Paid (318.7) (272.8)


State Bank of India

Overview

State Bank of India is the largest state-owned banking and financial services company with its headquartered in Mumbai, India. The bank traces its ancestry to British India, through the Imperial Bank of India, to the founding in 1806 of the Bank of Calcutta, making it the oldest commercial bank in the Indian Subcontinent. Bank of Madras merged into the other two presidency banks, Bank of Calcutta and Bank of Bombay to form Imperial Bank of India, which in turn became State Bank of India. The government of India nationalized the Imperial Bank of India in 1955, with the Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India. In 2008, the government took over the stake held by the Reserve Bank of India.

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SBI provides a range of banking products through its vast network of branches in India and overseas, including products aimed at non-resident Indians (NRIs). The State Bank Group, with over 16,000 branches, has the largest banking branch network in India. It also has around 130 branches overseas. With an asset base of $352 billion and $285 billion in deposits, it is a regional banking behemoth and is one of the largest financial institution in the world. It has a market share among Indian commercial banks of about 20% in deposits and loans.

The State Bank of India is the 29th most reputed company in the world according to Forbes. Also SBI is the only bank featured in the coveted "top 10 brands of India" list in an annual survey conducted by Brand Finance and The Economic Times in 2010.

The State Bank of India is the largest of the Big Four of India, along with ICICI Bank, Punjab National Bank and HDFC Bank—its main competitors, and" GUINNESS BOOK OF WORLD RECORD " that 56 million transactions happening per day all over the world is definitely an achievement.

Info

Type PublicTraded as NSE: SBIN

BSE: 500112LSE: SBID

Industry BankingFinancial services

Founded 1 July 1955Headquarters Mumbai, Maharashtra, IndiaKey people Pratip chaudhuri

(Chairman)Products Investment Banking, Consumer Banking

Commercial Banking, Retail BankingPrivate Banking, Asset ManagementPensions, Mortgages, Credit Cards

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Revenue US$ 29.728 billion (2010)Operating Income US$ 5.507 billion (2010)Net income US$ 2.668 billion (2010)Total assets US$ 322.077 billion (2010)Total Equity US$ 19.048 billion (2010)Employees 200,299 (2010)Website Statebankofindia.comHeadquarters Central Office, 8th Fl., State Bank Bhavan,

Madame Cama Rd. , MumbaiPhone Number +91-22-2274-1984

History

The roots of the State Bank of India rest in the first decade of 19th century, when the Bank of Calcutta, later renamed the Bank of Bengal, was established on 2 June 1806. The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay (incorporated on 15 April 1840) and the Bank of Madras (incorporated on 1 July 1843). All three Presidency banks were incorporated as joint stock companies and were the result of the royal charters. These three banks received the exclusive right to issue paper currency in 1861 with the Paper Currency Act, a right they retained until the formation of the Reserve Bank of India. The Presidency banks amalgamated on 27 January 1921, and the reorganized banking entity took as its name: Imperial Bank of India. The Imperial Bank of India remained a joint stock company

Pursuant to the provisions of the State Bank of India Act (1955), the Reserve Bank of India, which is India's central bank, acquired a controlling interest in the Imperial Bank of India. On 30 April 1955, the Imperial Bank of India became the State Bank of India. The government of India recently acquired the Reserve Bank of India's stake in SBI so as to remove any conflict of interest because the RBI is the country's banking regulatory authority.

In 1959, the government passed the State Bank of India (Subsidiary Banks) Act, enabling the State Bank of India to take over eight former state-associated banks as its subsidiaries. On 13 September 2008, the State Bank of Saurashtra, one of its associate banks, merged with the State Bank of India.

SBI has acquired local banks in rescues. For instance, in 1985, it acquired the Bank of Cochin in Kerala, which had 120 branches. SBI was the acquirer as its affiliate, the State Bank of Travancore, already had an extensive network in Kerala.

Associate banks

SBI has five associate banks:

State Bank of Bikaner & Jaipur

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State Bank of Hyderabad State Bank of Mysore State Bank of Patiala State Bank of Travancore State Bank of Saurashtra - merged with SBI in 2008. State Bank of Indore - merged with SBI in 2010.

Earliar SBI had only seven associate banks that, with SBI, constitute the State Bank Group. All use the same logo of a blue keyhole and all the associates use the "State Bank of" name, followed by the regional headquarters' name. Originally, the then seven banks that became the associate banks belonged to princely states until the government nationalised them between October 1959 and May 1960. In tune with the first Five Year Plan, emphasizing the development of rural India, the government integrated these banks into the State Bank of India system to expand its rural outreach. There has been a proposal to merge all the associate banks into SBI to create a "mega bank" and streamline operations

BOARD OF DIRECTORS

Shri Pratip Chaudhuri - Chairman

Shri R. Sridharan - Managing Director

Shri Hemant Contractor - Managing Director

Shri A. Krishna Kumar - Managing Director

Shri Diwakar Gupta - Managing Director

Dr. Ashok Jhunjhunwala - Director

Shri Dileep C. Choksi - Director

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Shri S. Venkatachalam - Director

Shri D. Sundaram - Director

Shri G. D. Nadaf - Officer Employee Director

Dr. Rajiv Kumar - Director

Shri Shashi Kant Sharma - Director

Smt. Shyamala Gopinath - Director

Products

PERSONAL BANKING

State Bank of India offers a wide range of services in the Personal Banking Segment which are indexed here. SBI products are designed with flexibility to suit your personal requirements. Enjoy 24 hour facility through our ATMs - growing speedily it has crossed the 21000 mark.

SBI Term Deposits - you can earn a higher income on your surplus funds by investing those with SBI. They provide security, trust and competitive rate of interest.

Flexibility in period of term deposit from 15 days to 10 years. Affordable Low Minimum Deposit Amount: You can open a term deposit with

SBI for a nominal amount of Rs.1000/- only. Flexibility in choosing the amount you wish to invest and the maturity period.

RECURRING DEPOSIT - Want to create a fund for your children's education or marriage or to buy a car or for a dream holiday? Whatever may be your financial goals, through SBI Recurring Deposit Scheme you can save a little every month so that at the time of need you have sufficient funds to achieve your financial goals. Recurring Deposit provides you the element of compulsion to save at high rates of interest applicable to Term Deposits along with liquidity to access that savings any time. So set aside a small amount every month and earn at compounded rates of interest.Wide Choice in Period of Deposit

Flexibility in period of deposit with maturity ranging from 12 months to 120 months.

Low minimum monthly deposit amount. You can start a Recurring Deposit with SBI for a monthly instalment of Rs.100/-

only.

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LOAN TO AFFLUENT PENSIONERS - A new scheme “SBI Loan to Affluent Pensioners” is formulated to match the requirements and higher repayment capacity of those with higher salaries and pensions.

Loan Against Mortgage Of Property - A dream come true! An ALL PURPOSE LOAN for anything that life throws up at you!! Do you need funds for a Marriage ceremony, want to take your family to a well-deserved holiday or for a sudden medical emergency? you have some property, but would rather not sell it? Then why not avail of this ALL PURPOSE LOAN from SBI? SBI now makes it very much possible for you to only keep your property but also have liquid funds. Enjoy the SBI Advantage

Complete transparency in operations Access this loan from our wide network of branches Interest rates are levied on a monthly/daily reducing balance method Lowest processing charges. Long repayment period of 60 months, upto 120 months for salaried individuals

with check-off facility No Hidden costs or administrative charges. No prepayment penalties. You can have surplus funds at any time thereby

conveniently reducing your loan liability and interest burden. Housing Loan - "THE MOST PREFERRED HOME LOAN PROVIDER" voted in

AWAAZ Consumer Awards along with the MOST PREFERRED BANK AWARD in a survey conducted by TV 18 in association with AC Nielsen-ORG Marg in 21 cities across India.SBI HOME LOANS now offers Interest Rates concessions on GREEN HOMES in accordance with SBI's commitment to Environment protection. SBI Home Loans come to you on the solid foundation of trust and transparency built in the tradition of State Bank of India. Best Practices followed in SBI mentioned below will tell you why it makes sense to do business with State Bank of India.SBI Home Loans Unique Advantage

Package of exclusive benefits. Low interest rates. Further, we charge interest on a daily reducing balance!! Low processing charges. No hidden costs or administrative charges. No prepayment penalties. Reduce your interest burden and optimally utilize your

surplus funds by prepaying the loan. Over 13,700 branches nationwide, you can get your Home Loan account parked at

a branch nearest to your present or proposed residence. SBI SARAL PERSONAL LOAN - Do you want funds readily available to you

whenever you desire or need, be it a sudden vacation that you plan with your family or urgent funds required for medical treatment? SBI Saral - Personal Loan is the answer to

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your questions. Access this facility from over 3000 branches across the country and confidently face the challenge of meeting any kind of personal expenses!!Enjoy the SBI Advantage :

Low interest rates. Further, we charge interest on a daily reducing balance!! Low processing charges; only 2%-3% of loan amount No hidden costs or administrative charges. No security required ……which means minimal documentation…something that

you had always wanted. No prepayment penalties. Reduce your interest burden and optimally utilize your

surplus funds by prepaying the loan (1% of the loan amount will be charged if you repay the loan before 6 months)

Long repayment period of up to 48 months.

SERVICESState Bank of India offers a wide range of services in the Personal Banking Segment which are indexed here.

eZ-trade@sbi SBI VISHWA YATRA FOREIGN TRAVEL CARD PAY ROLL CARDS ATM SERVICES GIFT CARDS GIFT CHEQUES INTERNET BANKING FOREIGN INWARD REMITTANCE LOCKER

AGRICULTURE / RURALState Bank of India Caters to the needs of agriculturists and landless agricultural labourers through a network of 8750 rural and semi-urban branches. Apart from the branches, there are 428 Agricultural Development Branches (ADBs) which also cater to agriculturists.

AGRICULTURAL BANKING - State Bank of India's branches have covered a whole gamut of agricultural activities like crop production , horticulture , plantation crops, farm mechanization, land development and reclamation, digging of wells, tube wells and irrigation projects, forestry, construction of cold storages and godowns, processing of agri-products, finance to agri-input dealers, allied activities like dairy , fisheries, poultry, sheep-goat, piggery refurbished second hand tractors, loans against pledge of warehouse receipts, loans against produce stored by the farmer at his own premises, loans against

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book debts of Arthias, mulberry cultivation, rearing of silk worms and grainages. Infact Bank can cover any other agricultural related activities undertaken.

MICRO CREDIT - SBI has taken up SHG movement as a mission. A noble mission to reach those families who were hitherto having no access to the credit by any formal financial institution and, therefore, were depending on informal sources and moneylenders .Micro finance is not new to State Bank of India. Bank’s association with non-government organizations (NGOs) or voluntary agencies in extending financial help can be traced as far back as 1976 well before NABARD introduced SHG-Bank Credit Linkage Programme as a pilot project in 1992.

REGIONAL RURAL BANKS - The Regional Rural Banks (RRBs) were established with a view to developing the rural economy by providing, for the purpose of development of agriculture, trade, commerce, industry and other productive activities in the rural areas, credit and other facilities, particularly to small and marginal farmers, agricultural labourers, artisans and small entrepreneurs, and for matters connected therewith and incidental thereto. As on 31.3.2010, State Bank of India has sponsored 17 RRBs (listed), which operate in 124 districts of 17 States with a network of 2,651 branches.

INTERNATIONAL BANKING

International banking services of State Bank of India are delivered for the benefit of its Indian customers, non-resident Indians, foreign entities and banks through a network of 131 offices/branches in 32 countries as on 31 July 2009, spread over all time zones. The network is augmented by a cluster of Overseas and NRI branches within India and correspondent links with over 522 banks, the world over. Bank's Joint Ventures and Subsidiaries abroad further underline the Bank's international presence.

The services include corporate lending, loan syndications, merchant banking, handling Letters of Credit and Guarantees, short-term financing, collection of clean and documentary credits and remittances.

The Bank has carved a niche for itself in the Euroland with branches located in Antwerp, Paris and Frankfurt. Indian banks and corporates are able to avail single-window Euro services from the Bank's Frankfurt branch.

CORPORATE BANKING

SBI is a one shop providing financial products / services of a wide range for large , medium and small customers both domestic and international.

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Working Capital Financing

Assistance extended both as Fund based and Non-Fund based facilities to Corporates , Partnership firms , Proprietary concerns

Working Capital finance extended to all segments of industries and services sector such as IT

SME

State Bank of India has been playing a vital role in the development of small scale industries since 1956.The Bank has financed over 8 lakhs SSI units in the country.It has 55 specialised SSI branches, 99 branches in industrial estates and more than 400 branches with SIB divisons.

The Bank finances for Small Business activities which are of special significance to a large number of people as many of these activities can be started with relatively lower investment and with no special skills on the part of the enterpreneurs.



Revenue 29,728.5 21,679.9 22,608.8


Gross Profit 29,728.5 21,679.9 22,608.8


SG&A Expense 75.0 -- --

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Operating Income 5,507.8 4,580.7 4,593.9




Income Before Taxes -- -- --

Net Income After Taxes 0 (1,288.6) (1,197.3)

Continuing Operations 2,668.2 2,141.9 2,308.7


Total Operations 2,668.2 2,141.9 2,308.7

Total Net Income 2,668.2 2,141.9 2,308.7

Net Profit Margin 9% 9.9% 10.2%


4.10 3.31 4.22



Balance Sheet


Current Assets

Cash -- -- --





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Net Fixed Assets 1,335.7 1,001.3 1,168.5


Total Assets 322,077.0 250,135.1 257,433.7


Current Liabilities









Cash Flow Statement


Net Operating Cash Flow 360 5,975 (1,055)

Net Investing Cash Flow (298.6) (312.6) (411.6)

Net Financing Cash Flow (726.8) 862.8 5,672.0

Net Change in Cash (758.0) 6,945.9 4,147.8



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HDFC Bank

Overview

HDFC Bank Limited is a major Indian financial services company based in India, incorporated in August 1994, after the Reserve Bank of India allowed establishing private sector banks. The Bank was promoted by the Housing Development Finance Corporation, a premier housing finance company (set up in 1977) of India. HDFC Bank has 1,725 branches and over 5,000 ATMs, in 780 cities in India, and all branches of the bank are linked on an online real-time basis. As of 30 September 2008 the bank had total assets of Rs.1006.82 billion. For the fiscal year 2010-11, the bank has reported net profit of Indian Rupee 3,926.30 crore (US$871.64 million), up 33.1% from the previous fiscal. Total annual earnings of the bank increased by 20.37% reaching at Indian Rupee 24,263.4 crore (US$5.39 billion) in 2010-11. It is one of the Big Four

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banks of India, along with State Bank of India, ICICI Bank and Punjab National Bank—its main competitors.

Info


NSE: HDFCBANKNYSE: HDBNASDAQ: HDB

Industry BankingFinancial services

Founded August 1994Headquarters Mumbai, IndiaArea served WorldwideKey people Aditya Puri (MD)Products Finance and insurance, Investment Banking

Commercial Banking, Retail BankingPrivate Banking, Asset ManagementMortgages, Credit Cards

Revenue US$ 4.476 billion (2010)Profit US$ 545 million (2010)Total assets US$ 53.670 billion (2010)Total equity US$ 6.787 billion (2010)Employees 51,888 (2010)Website HDFCBank.comHeadquarters HDFC Bank House,

Senapati Bapat Marg, Lower Parel,Mumbai.Phone Number 91-22-6652-1000

History

HDFC Bank was incorporated in 1994 by Housing Development Finance Corporation Limited (HDFC), India's largest housing finance company. It was among the first companies to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. The Bank started operations as a scheduled commercial bank in January 1995 under the RBI's liberalisation policies.

Times Bank Limited (owned by Bennett, Coleman & Co. / Times Group) was merged with HDFC Bank Ltd., in 2000. This was the first merger of two private banks in India. Shareholders of Times Bank received 1 share of HDFC Bank for every 5.75 shares of Times Bank.

In 2008 HDFC Bank acquired Centurion Bank of Punjab taking its total branches to more than 1,000. The amalgamated bank emerged with a base of about Rs. 1,22,000 crore and net advances

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of about Rs.89,000 crore. The balance sheet size of the combined entity is more than Rs. 1,63,000 crore.

Awards

2011

Asian Banker Strongest Bank in Asia PacificBloombergUTV's Financial Leadership Awards 2011

Best Bank

IBA Banking Technology Awards 2010 Winner -1) Technology Bank of the Year2) Best Online Bank3) Best Customer Initiative4) Best Use of Business Intelligence5) Best Risk Management SystemRunners Up -Best Financial Inclusion

IDC FIIA Awards 2011 Excellence in Customer Experience

2010

Outlook Money 2010 Awards Best BankBusinessworld Best Bank Awards 2010 Best Bank (large)Teacher's Achievement Awards 2010 (Business)

Mr. Aditya Puri

The Banker and PWM 2010 Global Private Banking Awards

Best Private Bank in India

Forbes Asia Fab 50 Companies - 5th year in a rowNDTV Business Leadership Awards 2010 Best Private Sector BankThe Banker Magazine World's Top 1000 Banks

Management Team

BOARD OF DIRECTORS

Mr. Jagdish Capoor, Chairman

Mr. Keki Mistry

Mrs. Renu Karnad

Mr. Arvind Pande

Mr. Ashim Samanta

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Mr. Chander Mohan Vasudev

Mr. Gautam Divan

Dr. Pandit Palande

Mr. Aditya Puri, Managing Director

Mr. Harish Engineer, Executive Director

Mr. Paresh Sukthankar, Executive Director

\

SENIOR MANAGEMENT TEAM

Mr. A Parthasarthy

Mr. A. Rajan

Mr. Abhay Aima

Mr. Anil Jaggia

Mr. Bharat Shah

Mr. Bhavesh Zaveri

Mr. G. Subramanian

Mr. Jimmy Tata

Mr. Kaizad Bharucha

Mrs. Mandeep Maitra

Mr. Navin Puri

Mr. Pralay Mondal

Mr. Rahul Bhagat

Mr. Sashi Jagdishan

Products

Accounts & Deposits

Following are the types of accounts and deposits HDFC offers to the customers:

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Savings Accounts - These accounts are primarily meant to inculcate a sense of saving for the future, accumulating funds over a period of time. Whatever your occupation, we are confident that you will find the perfect banking solution. Open an account in your name or register for one jointly with a family member today. Following are different types of saving accounts HDFC offers –

Regular Salary Savings Plus Classic SavingsMax Payroll No Frills Regular Institutional Savings Premium Senior Citizens Defence Retail Trust Kisan No Frills Savings Kids Advantage Kisan Club Savings Pension Savings Reimbursement Family Savings

Current Accounts - Now, with an HDFC Bank Current Account, experience the freedom of multi-city banking! You can have the power of multi-location access to your account from any of our 2000 branches in 996 cities. Not only that, you can do most of your banking transactions from the comfort of your office or home without stepping out. HDFC Bank help you with your business by offering you a Current Account with all the benefits you need to stay ahead of your competition. HDFC Bank understand that running a business requires time and money, also that your business needs are constantly evolving. Following are types of current account HDFC offers:

Plus Trade Premium Regular RFC Domestic Flexi Current Apex Max

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Fixed Deposits - Long-term investments form the chunk of everybody's future plans. An alternative to simply applying for loans, fixed deposits allow you to borrow from your own funds for a limited period, thus fulfilling your needs as well as keeping your savings secure. Following type of Fixed Deposits HDFC offers:

Regular Fixed Deposit SuperSaver Sweep-In 5 Year Tax Saving Fixed Deposit

LoansHaven't you occasionally dreamt of buying a PC , a car of your choice or even travelling abroad? Your dreams are now within your reach. Whatever your need, HDFC offer an entire range of loan products.

Personal Loans - A wedding in the family? Maybe your house needs renovation? HDFC range of Personal Loans brings you one step closer to your dreams.

SmartDraft - Need additional funds? SmartDraft offers you an easy-to-use overdraft facility of upto 3 times your salary.

Home Loans - Get the home of your dreams - with a little help from HDFC Bank. Two Wheeler Loans - With flexible payment options and easy repayment, our Two

Wheeler Loan offers the perfect excuse to purchase that bike you've always wanted. Gold Loan - With HDFC Bank's Gold Loan, you can get an instant loan against your

gold jewellery and ornaments. The procedure is simple, documentation is minimal and approval is quick.

Loan Against Securities - Get an overdraft against your securities like Equity Shares, Mutual Fund Units,Gold ETF, NABARD's Bhavishya Nirman Bonds, GOI Relief Bonds, LIC Policies, NSC, KVP, Gold Deposit Certificates, Non Convertible Debentures.

Health Care Finance Warehouse Receipt Loans - Realize better prices and avoid distress sale for your

commodity on availing HDFC Bank Warehouse Receipt Loans. The procedure is simple, documentation is minimal and approval is quick.

Construction Equipment Finance - If you are looking for finance to buy your construction equipment, HDFC offer hassle-free Construction Equipment Loan with the best terms for funding at the most attractive rates in India.

Educational Loans

Payment ServicesWith HDFC Bank's payment services, you can bid goodbye to queues and paper work. With range of payment options which make it easy for you to pay for a variety of utilities and services.

Verified by Visa (VBV)/ MasterCard SecureCode - Verified by Visa (VBV)/ MasterCard SecureCode is a service from Visa/ MasterCard and HDFC Bank that lets you shop online securely

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with your existing Visa/ MasterCard Debit and Credit cards. Verified by Visa (VBV)/ SecureCode provides you with a password to protect your online transactions just like you use your PIN at the ATM.

NetSafe - Now shop online without revealing your HDFC Bank Credit Card number. Whats more, you can now use your HDFC Bank Debit Card also for online purchases.

Merchant Services - Accept all Visa, MasterCard, credit and Debit cards at your outlets through state of the art POS Machines or through your website and experience hassle free payment acceptance.

Online Payment of Excise & Service Tax - HDFC Bank is one of the first few banks to launch an Internet payment option for payment to Central Board of Excise and Customs (CBEC). Through this facility you can now make your Excise and Service Tax payments at your own convenience through HDFC Bank's NetBanking facility.

Online Payment of Direct Tax - HDFC Bank was the first private sector bank to be authorised by the Central Board of Direct Taxes (CBDT) as well as the Reserve Bank of India for collection of direct tax. Just fill the challan online and pay the due tax online.

e-Monies National Electronic Funds Transfer - Transfer funds from your account to other Bank accounts across India using HDFC Bank's NetBanking facility.

Register&Pay - Enjoy complete bill payment solution under one roof. View and pay all your mobile, telephone, electricity bills and insurance premia on-line. Register once and get sms and e-mail alerts everytime your bill is received.

Forex and Trade ServicesAre you a frequent flyer for business or often holiday abroad? Are you an importer/exporter of foreign and Indian goods?If you need to deal in foreign currency and keep tabs on exchange rates every now and then, transfer monies to India, make payments etc., HDFC Bank has a range of products and services that you can choose from to transact smoothly, efficiently and in a timely manner.

Foreign Exchange and Trade Services - The following are different methods of transacting in Foreign Exchange and remitting money.

Travellers Cheques Foreign Currency Cash ForexPlus card ForexPlus Chip card Foreign Currency Drafts Cheque Deposits Remittances Cash to Master Trade Services Forex Services Branch Locator

Access your bank

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Wherever you are, your bank is always accessible. Experience total control and convenience with HDFC range of innovative services.

NetBanking - NetBanking is HDFC Bank's Internet Banking service. Providing up-to-the-second account information, NetBanking lets you manage your account from the comfort of your mouse - anytime, anywhere.

Credit Cards Online - Now using your HDFC Bank Credit Card has become more convenient and time saving. You can now access your Credit Card account from home or office or even while traveling. With NetBanking you can view your card account information and do much more just at the click of a button.

PhoneBanking - PhoneBanking services are a combination of IVR and Agent offering, depending on the type of transaction. For all transactions that cannot be completed on the IVR such as reporting loss of cards, logging complaints, requests & queries, PhoneBanker-assisted services are available. You can check your balance, order new cheque book , enquire about transaction and many other things.

MobileBanking - Your Mobile is now your bank! Now access your bank account and conduct a host of banking transactions through your mobile, with our unique MobileBanking service.You can check your account level information such as balance details, mini statement, cheque status as well as carry out financial transactions such as Funds Transfer using HDFC Bank MobileBanking service.

CASH@SHOP - Tired of searching for ATMs and standing in queues to withdraw cash? Now, you can use your debit card to withdraw cash as you shop at your favourite shopping destinations. Cash@SHOP is a new service from HDFC Bank which allows you to withdraw cash using your debit card at select merchant outlets.

Financial Stats

Income Statement


Revenue 4,476.4 3,692.1 3,130.2


Gross Profit 4,476.4 3,692.1 3,130.2


SG&A Expense 1,098.8 910.6 481.6

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Operating Income -- -- --

Operating Margin -- -- --



Income Before Taxes 826.8 1439.7 --

Net Income After Taxes 552.8 291.3 (158.5)






Diluted EPS from Total Net Income 3.71 2.08 2.84



Balance Sheet


Current Assets

Cash 6,608.8 3,282.4 3,698.3

Net Receivables 484.0 254.0 283.8





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Total Assets 53,670.9 38,737.7 37,884.8


Current Liabilities


Short-Term Debt 2,180.2 522.1 3,252.8



Long-Term Debt 1,684.7 1,295.9 821.1




Cash Flow Statement


Net Operating Cash Flow 2,422 2,419 (1,248)

Net Investing Cash Flow (7,638.2) (4,467.5) (6,955.0)

Net Financing Cash Flow 8,063.3 2,509.1 9,877.3

Net Change in Cash 2,805.9 460.4 1,674.7





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Bank of Baroda

Overview

Bank of Baroda (BoB) is the third largest bank in India, after the State Bank of India and the Punjab National Bank and ahead of ICICI Bank. BoB has total assets in excess of Rs. 2.27 lakh crores, or Rs. 2,274 billion, a network of over 3,000 branches and offices, and about 1,100 ATMs. IT plans to open 400 new branches in the coming year. It offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, credit cards and asset management. Its total business was Rs. 4,402 billion as of June 30.

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As of August 2010, the bank has 78 branches abroad and by the end of FY11 this number should climb to 90. In 2010, BOB opened a branch in Auckland, New Zealand, and its tenth branch in the United Kingdom. The bank also plans to open five branches in Africa. Besides branches, BoB plans to open three outlets in the Persian Gulf region that will consist of ATMs with a couple of people.

Info

Type PublicTraded as BSE: 532134Industry Banking

Financial servicesInvestment services

Founded 1908Headquarters Mumbai, Maharashtra, IndiaKey people M D Mallya

(Chairman & MD)Products Finance and insurance, Consumer banking

Corporate banking, Investment bankingInvestment management, Private bankingPrivate equity, Mortgages, Credit cards

Revenue US$4.31 billionTotal assets US$678.95 millionWebsite www.bankofbaroda.comHeadquarters Bank of Baroda,

Baroda Corporate Centre, Plot No - C-26, G - Block,Bandra Kurla Complex, Mumbai India

Phone Number +91-22-6698-5000History

1908-1959

1908: Maharaja Sayajirao Gaekwad III set up Bank of Baroda (BOB). 1910: BoB established its first branch in Ahmedabad. 1953: BoB established a branch in Mombasa and another in Kampala. 1954: BoB opened a branch in Nairobi. 1956: BoB opened a branch in Dar-es-Salaam. 1957: BoB established a branch in London. 1959: BoB acquired Hind Bank.

1960s 1961: BoB merged in New Citizen Bank of India. This merger helped it increase its

branch network in Maharashtra.BOB also opened a branch in Fiji. 1962: BoB opened a branch in Mauritius.

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1963: BoB acquired Surat Banking Corporation in Surat, Gujarat. 1964: BoB acquired two banks, Umbergaon People’s Bank in southern Gujarat and Tamil

Nadu Central Bank in Tamil Nadu state. 1964: BoB lost its branch in Narayanjanj (East Pakistan) due to the Indo-Pakistan war. It

is unclear when BOB had opened the branch. 1965: BoB opened a branch in Guyana. 1967: The Tanzanian government nationalized BoB’s three branches there and

transferred their operations to the Tanzanian government-owned National Banking Corporation.

1969: The government of India nationalized 14 top banks, including BoB.BoB incorporated its operations in Uganda as a 51% subsidiary, with the government owning the rest.

1970s

1972: BoB acquired The Bank of India’s operations in Uganda. 1974: BoB opened a branch each in Dubai and Abu Dhabi. 1975: BoB acquired the majority shareholding and management control of Bareilly

Corporation Bank (est. 1928) and Nainital Bank (est. in 1954), both in Uttar Pradesh. Since then, Nainital Bank has expanded to Uttarakhand State.

1976: BoB opened a branch in Oman and another in Brussels. The Brussels branch was aimed at Indian firms from Mumbai (Bombay) engaged in diamond cutting and jewellery having business in Antwerp, a major center for diamond cutting.

1978: BoB opened a branch in New York and another in the Seychelles. 1979: BoB opened a branch in Nassau, the Bahamas. 1977: BoB Opened a branch in imphal

1980s BoB opened a branch in Bahrain and a representative office in Sydney, Australia. BoB, Union Bank of India and Indian Bank established IUB International Finance, a

licensed deposit taker, in Hong Kong. Each of the three banks took an equal share.

1990s

1990: BoB opened an OBU in Mauritius, but closed its representative office in Sydney. 1991: BoB took over the London branches of Union Bank of India and Punjab & Sind

Bank (P&S). P&S’s branch had been established before 1970 and Union Bank’s after 1980. The Reserve Bank of India ordered the takeover of the two following the banks' involvement in the Sethia fraud in 1987 and subsequent losses.

1992 BoB incorporated its operations in Kenya into a local subsidiary with a small tranche of shares quoted on the Nairobi Stock Exchange.

1993: BoB closed its OBU in Bahrain.

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1996: BoB Bank entered the capital market in December with an Initial Public Offering (IPO). The Government of India is still the largest shareholder, owning 66% of the bank's equity.

1997: BoB opened a branch in Durban. 1998: BoB bought out its partners in IUB International Finance in Hong Kong.

Apparently this was a response to regulatory changes following Hong Kong’s reversion to the People’s Republic of China. The now wholly owned subsidiary became Bank of Baroda (Hong Kong), a restricted license bank.

BoB also acquired Punjab Cooperative Bank in a rescue. BoB also incorporate wholly owned subsidiary BOB Capital Markets Ltd.for Broking

Business. 1999: BoB merged in Bareilly Corporation Bank in another rescue. At the time, Bareilly

had 64 branches, including four in Delhi.

Awards Bank of Baroda receives Skoch Award Bank of Baroda bags Bank of the year 2010 (for India) Bank of Baroda bags three awards from ABCI (Association of Business Communicators

of India) Bank of Baroda bags the Best Bank 2010 Award from Business India Magazine Bank of Baroda conferred Silver Award by Dainik Bhaskar Group (DNA) in 2010. Bank of Baroda bags Dalal Street- DSIJ PSU Award.

Board of DirectorsShri. M. D. MallyaChairman & Managing Director

Shri Rajiv Kumar BakshiExecutive Director

Shri N S SrinathExecutive Director

Shri Alok NigamDirector

Shri R. GandhiDirector

Shri Ajay MathurDirector

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Shri V. B. ChavanDirector

Dr. Masarrat ShahidDirector

Shri Satya Dev TripathiDirector

Dr. Dharmendra BhandariDirector

Dr. Deepak B. PhatakDirector

Shri Maulin VaishnavDirector

Products

Personal Banking Services Deposits - Bank of Baroda offers various deposit plans that you can choose from

depending on the term period, nature of deposit and its unique saving and withdrawal features.Apart from competitive interest rates and convenient withdrawal options, our deposit plans offer other features such as overdraft facility, outstation cheque collections, safe deposit lockers, ATM's etc.Choose from Fixed, Current and Savings Deposit plans. Fixed deposits are categorised into deposits with a term period of less than 12 months, more than 12 months and recurring deposits. These deposit plans offer convenient solutions to both working individuals as well as senior citizens. Current and saving deposits are ideal for individuals who wish to take advantage of multiple benefits within the same plan and even be eligible to opt for overdrafts.

Retail Loans - Bank of Baroda offers a wide range of retail loans to meet your diverse needs. Whether the need is for a new house, child's education, purchase of a new car or

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home appliances, our unique and need specific loans will enable you to convert your dreams to realities.Key Products:

Home Loan Home Loans to NRIs / PIOs Home Improvement Loan Interest Subsidy Scheme For Housing The Urban Poor (ISHUP) Loan Against Future Rent Receivables Mortgage Loan Advance Against Securities Education Loan Baroda Career Development Loan Auto Loan Two Wheeler Loan Loan to Doctors Traders Loan Personal Loan Baroda Ashray (Reverse Mortgage Loan) Loan for financing Individuals for subscription to Public Issues /IPO

Debit Cards - The Bank of Baroda International Debit Card is accepted at over 50000 Visa Electron ATMs in India and 1000000 ATMs worldwide. The card is also accepted at any 350000 merchant outlets in India and around 29 millions globally. The card enables you to enjoy the convenience of cash-less purchasing power without the fear of overdrawing your account.Key Benefits

Take advantage of the most widely accepted card and be able to withdraw from any ATM displaying the VISA logo, in India and abroad.

At VISA Electron merchant shops, it can also serve as your electronic purse, and money gets debited instantly from your account, as you pay.

The Card allows you to get mini-statements from Bank of Baroda ATMs, or to check the balance in your account, avoiding visits to even our nearest branches.

Baroda Health - It is a Medical Insurance Scheme, available only to account holders of our Bank, which takes care of the hospitalization expenses incurred by the customer up to the amount of sum insured, in respect of the following eventualities.

Any illness / disease Accidental injury and/ or any ailment.

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Any surgery that is required in respect of any disease or accident that has arisen during the policy period

The minimum hospitalization should be for 24 hoursKey Benefits :

Very low premium In this co-branded product, single premium (generally payable for a single person)

is payable and Medical Health insurance cover is available to family of -4- (self, spouse and 2 dependent children) up to the amount insured without any additional premium.A member or all the members in insured family can avail hospitalization benefits during the policy period, to the extent of aggregate sum not exceeding the sum insured.

Premium paid is eligible for Income Tax exemption under Section 80 D as per Income Tax Rules.

Lockers - Storing too much jewellery and valuables in the house at times becomes a security issue and an impediment in case of natural calamities. Bank of Baroda offers you, a safe, trustworthy space to store your valuables, jewellery, documents and other things dear to you.Key Benefits

State-of-the-art Lockers, the safe deposit vaults with fully equipped, latest burglar alarm systems.

For additional safety, the Locker holder assigns a code word which further increases security.

Available in different sizes as per your requirement. These Lockers and their contents can be nominated to people near and dear to

you.

Business Banking Services Deposits - Irrespective of whether your needs are short term or for longer periods, Bank

of Baroda enables you to maximise your savings and can offer good return on investment through its Deposit plans.Deposit Products & Services

FixedShort Term (Under 12 months)Term Deposits (Over 12 months)

Current

Loans & Advances - In addition to Working Capital Finance and Term Finance, Bank of Baroda has laid out a comprehensive suit of products specifically catering to SME Borrowers.

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Loan and advances offered by Bank of Baroda are - Baroda SME Loan Pack Working Capital Finance Term Finance MSME Baroda Vidyasthali Loan Baroda Arogyadham Loan Baroda Laghu Udhyami Credit Card Baroda Artisans Credit Card (BACC) Technology Upgradation Fund Scheme (TUFS) For Textile And Jute Industries Credit Linked Capital Subsidy Scheme (CLCSS) For SSI Units Composite Loans Collateral Free Loans Under Guarantee Scheme Of Credit Guarantee Fund Trust

For Micro And Small Enterprises SME Short Term Loans SME Medium Term Loans Baroda SME Gold Card Scheme for Financing Energy Efficiency Projects Baroda Overdraft Against Land and Building Prime Minister's Employment Generation Programme (PMEGP) Loans Under Interest Subsidy Eligibility Certificate Scheme of Khadi & Village

Industries Commission (KVIC-ISEC)

Services - Apart from the Loans, Deposits, Credit and Debit Cards, Bank of Baroda offers other services to make financial dealings easy and convenient.Key services

Remittances (Baroda Money Express) Collection Services ECS (Electronic Clearing Services) Debit Cards

InternationalBoB gives following products and services for NRI and international customers

NRI Services FGN Currency Credits ECB FCNR (B) Loans Export Finance Import Finance Correspondent Banking Trade Finance

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International Treasury

Financial Stats

Balance Sheet All figures in Rs. Cr.

Mar '08 Mar '09 Mar '10Capital and Liabilities:Total Share Capital 365.53 365.53 365.53Equity Share Capital 365.53 365.53 365.53Share Application Money 0 0 0

Preference Share Capital 0 0 0Reserves 10,678.40 12,470.01 14,740.86Revaluation Reserves 0 0 0Networth 11,043.93 12,835.54 15,106.39Deposits 152,034.13 192,396.95 241,044.26Borrowings 3,927.05 5,636.09 13,350.09Total Debt 155,961.18 198,033.04 254,394.35Total Liabilities 179,599.52 227,406.73 278,316.71

Mar '08 Mar '09 Mar '10Assests

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Cash & Balances with RBI 9,369.72 10,596.34 13,539.97Balance with Banks, Money at Call

12,929.56 13,490.77 21,927.09

Advances 106,701.32 143,985.90 175,035.29Investments 43,870.07 52,445.88 61,182.38Gross Block 3,787.14 3,954.13 4,266.60Accumulated Depreciation 1,360.14 1,644.41 1,981.84Cash and Bank Balance 162.87 144.00 64.83Net Block 2,427.00 2,309.72 2,284.76Total Assets 179,599.50 227,406.73 278,316.71Contingent Liabilities 75,364.33 64,745.82 77,997.01Book Value (Rs) 303.18 352.37 414.71

P&L A/c All Figures are in Rs. Cr.

Mar '08 Mar '09 Mar '10

Income

Interest Earned 11,813.48 15,091.58 16,698.34

Other Income 2,051.04 2,757.66 2,806.36

Total Income 13,864.52 17,849.24 19,504.70

Expenditure

Interest expended 7,901.67 9,968.17 10,758.86

Employee Cost 1,803.76 2,348.13 2,350.88

Selling and Admin Expenses 927.20 885.24 1,627.56

Depreciation 232.00 230.50 230.86

Miscellaneous Expenses 1,564.36 2,189.99 1,478.21

Preoperative Exp Capitalised 0 0 0

Total Expenses 12,428.99 15,622.03 16,446.37

Net Profit for the Year 1,435.52 2,227.20 3,058.33

Extraordionary Items 0 0 0

Profit brought forward 0 0 0

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Total 1,435.52 2,227.20 3,058.33

Preference Dividend 0 0 0

Equity Dividend 340.94 383.56 639.26

Corporate Dividend Tax 0 0 0

Per share data (annualised)

Earning Per Share (Rs) 39.41 61.14 83.96

Equity Dividend (%) 80.00 90.00 150.00

Book Value (Rs) 303.18 352.37 414.71

Appropriations

Transfer to Statutory Reserves 444.23 1,136.23 1,162.07

Transfer to Other Reserves 650.35 707.41 1,257.00

Proposed Dividend/Transfer to Govt 340.94 383.56 639.26

Total 1,435.52 2,227.20 3,058.33

Cash Flow All Figures are in Rs. Cr.

Mar '08 Mar '09 Mar '10Net Profit Before Tax 2207.16 3342.94 4238.06Net Cash From Operating Activities 2241.82 1125.47 11252.45Net Cash (used in)/from -235.13 -238.93 -335.01Investing Activities Net Cash (used in)/from Financing Activities

2012.23 -901.29 462.51

Net (decrease)/increase In Cash and Cash Equivalents

4018.92 1787.83 11379.94

Opening Cash & Cash Equivalents 18280.37 22299.29 24087.12Closing Cash & Cash Equivalents 22299.29 24087.12 35467.06

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Automobiles

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Introduction

Post liberalisation in 1991, Indian automobile sector has been aptly described as the sunrise sector. Owing to its vertical and horizontal integration with other key segments of the economy, the industry is said to be a major growth driver. A steady growth in the sector has attracted heavy investments from various foreign majors through direct investments or private equity.

India continues to consolidate its position on the global front being one of the world’s top 10 auto-producing countries. India, the seventh largest vehicle producing nation in the world, now accounts for 5 per cent of global auto production, up from 1.4 per cent at the beginning of 2000, according to Society of Indian Automobile Manufacturers (SIAM).

According to a study by global consultancy firm Ernst & Young, the Indian market will clock the fastest compound annual growth rate between 2009 and 2020, more than double that of China and the triad of North America, Europe and Japan. India's CAGR between 2009 and 2020 is expected to be 14 per cent compared with China's 6 per cent, other emerging markets' 6 per cent (which includes BRIC nations) and the triad’s 4 per cent.

Investments

India has emerged as one of the favourite investment destinations for automotive manufacturers in recent times.

Maruti Suzuki India Ltd (MSIL) has announced an investment of US$ 411.45 million for setting up its third plant at Manesar in order to capitalise on the rapid growth of the

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Indian auto industry. This new production line–Maruti's sixth overall would have 250,000 units annual capacity.

The auto-maker has also launched its luxury sedan Kizashi in India. The cars would be imposrted from parent company’s Japan facility.

Volvo-Eicher Commercial Vehicles (VECV) has announced an investment of US$ 61.51 million for a new engine plant at its existing facility at Pithampur, Madhya Pradesh. With this, India will now become a global manufacturing hub for Volvo's new medium-duty engine platform, with the only other factory for the engine type being present in Japan.

Tata Motors is in talks with a Canada-based company for its second generation gearless Nano.

Toyoto plans to invest US$ 107 million to make engines and gearboxes for Toyota's new small car, Etios that is expected to be launched by year-end.

India Yamaha Motor Limited is also planning to tap the rural market, which currently accounts for around 15 per cent of its overall sale. The company has launched a new bike YBR 110 that will target the rural markets.

Mercedes Benz has met its single largest order—of 150 cars worth US$ 14.7 million—from the small industrial town of Aurangabad, Maharashtra.

The Renault-Nissan alliance and Bajaj Auto have signed a memorandum of understanding for developing a low-cost car. According to the MoU, the design, engineering, manufacturing and supply base expertise to create the product will be executed by Bajaj with the support of the Renault-Nissan alliance.

Indo-Russian commercial vehicle joint venture (JV) Kamaz Vectra Motors plans to more than double its annual capacity to 12,000 units at its Hosur plant by 2012 to capture the fast-growing market in India.

Ashok Leyland and Japanese car maker Nissan Motor Co Ltd have announced the launch of three light commercial vehicles (LCVs) from 2011 through 2013. The auto makers also confirmed to be in talks to create a small car for the Indian market within the US$ 2,000 - US$ 6,000 price range.

British luxury brand Jaguar Land Rover (JLR) plans to increase presence in India and will tap parent Tata Motors for assistance in areas like logistics and service support.

BMW, the luxury car maker, is planning to infuse US$ 15.76 million in its Indian operations. Andreas Schaaf, President, BMW India, said that the company had invested US$ 24.77 million till September 2010 and this would be increased to US$ 40.53 million by the end of 2012.

Luxury carmaker Mercedes-Benz India will set up a new facility for building of city bus bodies at its Chakan plant in Pune. The new unit will become operational by mid-2011 and will have a capacity of 700 units a year.

Mercedes Benz has also re-introduced its super premium sedan Maybach in India in 2011.

Mahindra & Mahindra has revealed its plans to launch 8-10 new products, including a premium sports utility vehicle, across various segments by March 2012.

Domestic Market/ Sales

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India’s auto market grew at 32.69 per cent in 2010, marginally better than China’s 32.44 per cent, according to SIAM.

According to the data released by SIAM, in December 2010, total sale of vehicles across categories registered a growth of 30.51 per cent to 13,05,872 units, as against 10,00,562 units in the same month of 2009. The industry has been growing at around 30 per cent in the ongoing fiscal.

According to data released by SIAM, the passenger vehicles segment during April-December 2010 grew at 31.83 per cent over same period last year. Passenger cars grew by 32 per cent, utility vehicles grew by 20.82 per cent and multi-purpose vehicles grew by 50.58 per cent during this period.

The overall commercial vehicles segment registered a growth of 34.08 per cent during April-December 2010, as compared to the same period last year. While medium and heavy commercial vehicles registered growth of 42.85 per cent, light commercial vehicles grew at 27.12 per cent.

Two wheelers registered a growth of 28.21 per cent during April-September 2010. Mopeds, scooters and motorcycles grew by 24.47 per cent, 48.90 per cent and 24.62 per cent, respectively.

Road Ahead

Global auto companies are investing to tap the growing demand in India as investment spending and the government's social programmes raise incomes in smaller cities and rural areas too. "The Indian automobile industry is geared up to invest up to US$ 17.12 billion in fresh capacity in the next four years," Vishnu Mathur, Director-General, SIAM said. He further stated, "The components industry will also invest US$ 12 billion up to the end of the Automotive Mission Plan."

Car and motorcycle sales in India are setting records with rising incomes, cheap lending by banks and launch of new models such as Volkswagen's Polo and Fiat's Linea. Car manufacturing capacity is set to rise to 5.7 million units by 2015, according to consultants Ernst & Young.

Further, India aims to become the small car hub of the world by dethroning Japan, the biggest maker of compact cars, a majority of which is consumed domestically. Last year, it had pipped Brazil to become the second-largest producer of such cars.

Passenger vehicle production is expected to grow to 9 million a year in 2020, while two-wheeler production will touch 30 million, said B.S. Meena, secretary, department of heavy industries.

According to the annual forecast of the SIAM, passenger vehicle sales in the country will be 21,96,791 units in 2010-11 as compared to 19,49,248 units in 2009-10.

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While two-wheeler sales are expected to be up 9-10 per cent at 10,287,837 units from 9,368,230 units in 2009-10, commercial vehicle sales in India will grow 17-18 per cent at 6,21,681 units vis-à-vis 5,31,395 units last financial year. Sales of three-wheelers are expected to go up 7-8 per cent at 4,73,693 units in the current financial year as against 4,40,368 units in 2009-10.

However, with demand outgrowing the supply in the market, the overall market growth for 2010-11 is most likely to exceed SIAM's initial prediction of 10-14 per cent.

Bajaj Auto

Overview

Bajaj Auto is a major Indian vehicle manufacturer started by a Rajasthani merchant. It is based in Pune, Maharashtra, with plants in Chakan (Pune), Waluj (near Aurangabad) and Pantnagar in Uttaranchal. The oldest plant at Akurdi (Pune) now houses the R&D centre Ahead. Bajaj Auto makes and exports automobiles scooters, motorcycles and the auto rickshaw. The Forbes Global 2000 list for the year 2005 ranked Bajaj Auto at 1,946, although it does not feature in the 2010 list.

Over the last decade, the company has successfully changed its image from a scooter manufacturer to a two wheeler manufacturer. Its product range encompasses scooterettes, scooters and motorcycles. Its real growth in numbers has come in the last four years after successful introduction of a few models in the motorcycle segment. The company is headed by Rahul Bajaj who is worth more than US$1.5 billion

Info

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Type PublicIndustry AutomobileFounded 1945Headquarters Pune, Maharashtra, IndiaKey people Rahul Bajaj (Chairman),

Rajiv Bajaj (Managing Director)Products Bikes,

scooter, Autorickshaw

Revenue US$ 3.77 billionNet income US$ 741.48 millionEmployees 10,250 (2006-07)Parent Bajaj GroupAddress Mumbai-Pune Rd., Akurdi

Pune, Maharaashtra, IndiaContact +91-20-2747-2851Website bajajauto.com

History

Bajaj Auto came into existence on 29 November 1945 as M/s Bachraj Trading Corporation Private Limited. It started off by selling imported two- and three-wheelers in India. In 1959, it obtained license from the Government of India to manufacture two- and three-wheelers and it went public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it managed to produce and sell 100,000 vehicles in a single financial year. In 1985, it started producing at Waluj near Aurangabad. In 1986, it managed to produce and sell 500,000 vehicles in a single financial year. In 1995, it rolled out its ten millionth vehicle and produced and sold one million vehicles in a year.

BOARD OF DIRECTORS

Rahul Bajaj Chairman

Madhur Bajaj Vice Chairman

Ravi Bajaj Managing director

Sanjiv Bajaj Executive director

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D.S.Mehta Director

Kantikumar R.Podar Director

Shekhar Bajaj Director

D.J.Bajaji Rao Director

J.N.Godrej Director

S.H.Khan Director

Mrs.Suman Kirloskar Director

Naresh Chandra Director

Nanoo Pamnani Director

Manish Kejriwal Director

P.Murari Director

Niraj Bajaj Director

Group of Companies

Bajaj Auto Ltd Bajaj Electricals Ltd.Shishir Holdings Pvt

Ltd

Bajaj Holdings & Investment Ltd Hind Lamps Ltd.Kamalnayan

Investments & Trading Pvt Ltd

Bajaj Finserv Ltd. Bajaj Ventures Ltd.Sanraj Nayan

Investments Pvt. Ltd.

Bajaj Allianz General Insurance Co.Ltd

Mukand Ltd. Hercules Hoists Ltd.

Bajaj Allianz Life Insurance Co. Ltd Mukand Engineers Ltd.Hind Musafir Agency

Pvt. Ltd.

Bajaj Financial Solutions Ltd. Mukand International Ltd.Bajaj International Pvt.

Ltd.

Bajaj Auto Finance Ltd. Bajaj Sevashram Pvt. Ltd. Bachhraj Factories Pvt.

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Ltd.

Bajaj Allianz Financial Distributors Ltd.

Jamnalal Sons Pvt. Ltd.Baroda Industries Pvt.

Ltd.

Bajaj Auto Holdings Ltd. Rahul Securities Pvt Ltd Jeevan Ltd.

P T Bajaj Auto Indonesia (PTBAI)Shekhar Holdings Pvt Ltd

Bachhraj & Co Pvt Ltd

Bajaj Auto International Holdings BV Madhur Securities Pvt Ltd The Hindustan Housing Co. Ltd.

Niraj Holdings Pvt LtdHospet Steels Ltd

Bajaj Auto is the flagship of the Bajaj group of companies. The group comprises of 34 companies and was founded in the year 1926. The companies in the group are:

Products

Bajaj has made a number of motorcycles, scooters and cars. Motorcycles in current production are the XCD, Platina, Discover, Pulsar and Avenger. Bajaj also produces many motorcycles for other manufacturers, such as the Kawasaki Ninja 250R, and new for 2011, the KTM Duke 125. Cars include the Bajaj ULC ultra-low-cost car.

Scooters

Bajaj Kristal DTSi

Cars

Bajaj Lite concept Bajaj ULC (ultra-low cost) Tata Nano - The Tata Nano is an inexpensive, rear-engined, four-passenger city car built

by the Indian company Tata Motors and is aimed primarily at the Indian domestic market. Tata Motors began selling its "one-lakh car" in March, 2009.The cheapest car in the world today, though the price continues to rise due to increasing material costs.Its nickname, "one-lakh car" is due to the Nano's price point, near Indian Rupee symbol.svg100,000 (one lakh rupees).

Motorcycles

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Bajaj Platina - Bajaj Platina is a motorcycle built by Bajaj Auto. Currently there are two variants of Platina available with engine capacities of 100 and 125 cc. The 100 cc Platina was launched in April 2006 at an ex-showroom price of Rs 35,000 and crossed sales of 500,000 units within eight months of its launch. The Platina 125 DTS-Si was introduced in September 2008 with sales of more than 30,000 units per month and relaunched recently with a retuned engine.

Bajaj Discover - The Bajaj Discover is a motorcycle brand by Bajaj Auto. Currently there are two variants of Discover- Discover DTS-Si and Discover 150.The bike initially launched in the year 2004 has been a success in the Indian two Wheeler segment since then. The first variant of Discover was launched in 2004. The bike had an engine capacity of 125 cc.A 112 cc variant was launched in December 2005. The bike was claimed to have a mileage of 101 km/l (290 mpg-imp; 240 mpg-US).In 2007, a 135 cc variant was launched.

Bajaj XCD - The Bajaj XCD 125 DTS-Si was a motorcycle manufactured in India by Bajaj Auto. It was launched in September 2007 at an exshowroom price of Rs 41,000 in pune. It clocked up sales of 18,000 units in its first month and sold around 28,000 units per month. On January 2009, a 135 cc version of XCD was launched at a price of Rs 45,000. Bajaj reported that more than 20,000 units of XCD 135 were sold in its first month of launch Due to reduced sales, the 125 cc version was discontinued by Bajaj on November 2009, followed by the 135cc variant.

Bajaj Pulsar - Bajaj Pulsar is a motorcycle brand owned by Bajaj Auto in India. The two wheeler was developed by the product engineering division of Bajaj Auto in association with motorcycle designer Glynn Kerr Tokyo R&D. Currently there are four variants available -with engine capacities of 135 cc, 150 cc, 180 cc and 220 cc. Previously it was also offered with a 200cc DTS-i oil cooled engine, which now has been discontinued. More than a million units of Pulsar were sold by November 2005. With monthly sales of more than 48,000 units in June 2009, Pulsar is the leader in the 150 cc segment in India with a market share of 43%.

Bajaj Pulsar 220 DTS-Fi - The Bajaj Pulsar 220 DTS-Fi from Pulsar family of motorcycles from Bajaj Auto was produced between 2007 and 2009 when it was replaced by the Pulsar 220 DTS-i. Features differentiating this bike from other members of the DTS-i family include oil cooled, fuel injected engine, front and rear disc braking, tubeless tyres, a digital speedometer console (recently introduced in all other Pulsar editions) and parabolic/ellipsoidal projector headlamps. Bajaj displayed the 220 DTS-Fi at the Delhi Auto Expo 2006. The Indian nationwide launch happened in July 2007.

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Bajaj Pulsar 220 DTSi - The Pulsar 220 DTS-i is a motorcycle made by Bajaj in India beginning in 2009. It is the carbureted model of the same engine displacement that replaced the erstwhile fuel injected model, the Pulsar 220 DTS-Fi. The Bajaj has claimed its Pulsar 220 as the Fastest Indian. By turning back to carburetor Engine from Fuel injection, the new 220 has improved on power from 20 bhp (15 kW) to 21 bhp (16 kW). The Engine is tuned to give an improvement in the top speed, which is now 144km/h. The new 220 DTSi is way cheaper than 220 DTS-Fi. The Fuel Efficiency has decreased although in the New 220 DTSi

Bajaj Avenger - The Bajaj Avenger is a cruiser style motorcycle conceptualized and produced by Bajaj Auto in India. It draws the styling and other design cues from the Bajaj Eliminator which had an air-cooled, single cylinder Kawasaki engine and was sold at a premium. To gain a strategic position in the premium segment, Bajaj engineers replaced the Kawasaki single with the indigenously conceived, and more successful, 178.6 cc DTS-i engine from the Bajaj Pulsar sportbike. However, the engine had to be re-tuned to suit the torque-demanding characteristics of a cruiser. The bike was launched on June 2007 with a price that was around 30,000 rupees less than the Eliminator. It is also the first cruiser developed by an Indian company. The wheelbase is 1,475 mm, the longest in any motorcycle in India. The Avenger was upgraded in 2007 with an increase in engine capacity to 200 cc. The oil-cooled engine was a modified version of Bajaj Pulsar 200.

Upcoming Models Bajaj Sonic Bajaj XCD 125 sprint

Discontinued Models Bajaj Sunny Bajaj Chetak Bajaj Cub Bajaj Super Bajaj Saffire Bajaj Wave Bajaj M80, M50 Bajaj Legend Bajaj Bravo Kawasaki Eliminator EL-175 Bajaj Kawasaki Wind 125 Bajaj Kawasaki 4s Champion Bajaj Kawasaki KB 100 RTZ Bajaj Boxer

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Bajaj Caliber Bajaj Wind Bajaj CT 100 Bajaj Discover 110cc Bajaj Discover DTS-i 125cc Bajaj Pulsar 200 DTSi Bajaj Pulsar 220 DTS-FI Bajaj XCD 125 Bajaj Avenger 200 DTS-i

MARKETINGIn a bid to gain marketshare as well as mind share, Bajaj Auto Ltd (BAL) is drawing up an ambitious game plan which includes extension of its distribution network, new product launches, marketing initiatives and fresh ad campaigns. For starters, the two-wheeler company is planning to expand its Bajaj dealership network to touch 500 in the current financial year. As for the rationale behind the company’s expansion plans, says Bajaj Auto Ltd vice-president (marketing) RL Ravichandran: “With this move, we want to reach out to a wider target audience. At present, we have 450 dealerships across the country. We plan to add 50 more dealers in the rural and semi- rural markets in India.”

With Bajaj Auto Finance’s tie-up with ICICI and the State Bank of India, people in small towns can now buy BAL brands. The company is also planning to spend a sizable portion of its adspend to promote new...

Bajaj Auto’s new marketing strategy has been a tremendous success in terms of sales. The company has set all sort of records, be it sales or be it profitability of the company. Bajaj has created a severe dent in the sales of Hero Honda. So, what has the company in store for us in future ?

“The next step is to increase volumes of these two brands to levels of 2,50,000 to 3,00,000 units a month. We are confident that this can be done in the coming months,” Mr Bajaj said.

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Financial Stats

Income Statement


Revenue 0.2 0.1 0.2

Cost of Goods Sold 0.0 0.0

Gross Profit 0.1 0.1 0.1

Gross Profit Margin 67% 61% 80%

SG&A Expense 1.2 3.0 1.3



Operating Margin 70858% 24215.3% 54275.4%

Nonoperating Income 145.1 26.6 43.3

Nonoperating Expenses 0.1 0.1 --

Income Before Taxes 302.5 54.0 131.8

Net Income After Taxes 294.4 49.1 121.1

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Balance Sheet


Current Assets

Cash 1.8 1.5 1.9


Inventories 0 0 0

Other Current Assets 547.1 433.8 613.1

Total Current Assets 548.9 435.3 615.1


Other Noncurrent Assets 1,270.7 870.2 1,129.6

Total Assets 1,822.9 1,308.2 1,748.5


Current Liabilities

Accounts Payable 1.2 0.5 8.2

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Other Current Liabilities 586.1 436.8 650.2

Total Current Liabilities 587.3 437.3 658.3


Other Noncurrent Liabilities 1.7 1.5 1.9

Total Liabilities 589.0 438.8 660.2


Cash Flow Statement


Net Operating Cash Flow (36) 45 --

Net Investing Cash Flow 1.0 1.1 --

Net Financing Cash Flow 34.9 (46.0) --

Net Change in Cash 0.1 0.0 --


Capital Expenditures

Cash Dividends Paid


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Yamaha

Overview

India Yamaha Motor (IYM) (officially India Yamaha Motor Private Limited) is an Indian subsidiary of Yamaha Motor Company, formed in 2008 as a joint venture with Mitsui. It produces a range of motorcycles for domestic consumption and export.

Yamaha motors in India has been present in the market of low range economy bikes for a long time.All bikes in their store were designed for mass market,but with the introduction of FZ-16, FZ-S, Fazer, and R15 they have made an impression on the mid range bike market in India. The market for these sort of bike was very small that there were only two major players in the market: Hero Honda and Bajaj. The introduction of the earlier mentioned bikes by Yamaha has provided the 2-wheeler market with more choices.

HISTORY

India Yamaha Motor Pvt. ltd. was founded in 2007 and is based in Surajpur, India. India Yamaha Motor Pvt. ltd. operates as a subsidiary of Yamaha Motor Co. Ltd.Yamaha made its initial foray into India in 1985. Subsequently, it entered into a 50:50 joint venture with the Escorts Group in 1996. However, in August 2001, Yamaha acquired its remaining stake as well, bringing the Indian operations under its complete control as a 100% subsidiary of Yamaha Motor Co., Ltd, Japan.

India Yamaha Motor operates from its state-of-the-art-manufacturing units at Faridabad in Haryana and Surajpur in Uttar Pradesh and produces motorcycles both for domestic and export

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markets. With a strong workforce of 2000 employees, India Yamaha Motor is highly customer-driven and has a countrywide network of over 400 dealers.

The company pioneered the volume bike segment with the launch of its 100 cc 2-stroke motorcycle RX 100. Since then, it has introduced an entire range of 2-stroke and 4-stroke bikes in India. Presently, its product portfolio includes Crux (100cc), Alba (106cc) and Gladiator (125cc).

The new Surajpur plant India Yamaha Motor Pte. manufacturers motorcycle. The company was founded in 2007 and is based in Surajpur, India. India Yamaha Motor Pte. operates as a subsidiary of Yamaha Motor Co. Ltd.

BOARD OF DIRECTORS

Hiroyuki Yanagi President and Representative Director

Takaaki Kimura Representative Director

Toyoo Ohtsubo Director

Yoshiteru Takahashi Director

Hiroyuki Suzuki Director

Kozo Shinozaki Director

Nobuya Hideshima Director

Masahiro Takizawa Director

Yuko Kawamoto Director (Outside)

Masamitsu Sakurai Director (Outside)

Mitsuru Umemura Director (Outside)

Yutaka Kume Standing Corporate Auditor

Shigeki Hirasawa Standing Corporate Auditor

Norihiko Shimizu Corporate Auditor (Outside)

Tetsuo Kawawa Corporate Auditor (Outside)

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PRODUCTS

Enticer Crux Gladiator/SS 125 Libero

RX-135 RX 100 YZF-R15 FZ16

FZ-S Fazer SZ-x

Group of Companies

Europe Asia & Oceania Japan The Americas

Yamaha Motor Europe N.V.

Yamaha Motor Commercial Trading Shanghai Co., Ltd.

Yamaha Motorcycle Sales Japan Co., Ltd

Yamaha Motor Corporation, U.S.A

Yamaha Motor Netherland B.V.

Shanghai Yamaha Jianshe Motor Marketing Co., Ltd.

Yamaha Motor Engineering Co., Ltd.

Yamaha Motor Manufacturing Corporation of America

Yamaha Motor Middle Europe B.V.

Zhuzhou Yamaha Motor Shock-absorber Co., Ltd.

ELM Design Co., Ltd. Century Boat Company, Inc

Yamaha Motor Deutschland GmbH

Yamaha Motor R&D Shanghai Co., Ltd.

Sunward International, Inc.

Skeeter Products, Inc.

Yamaha Motor (UK) Limited

Yamaha Motor Electronics Suzhou Co., Ltd

Sugo Co., Ltd. Precision Propeller, Inc

Yamaha Motor Italia S.p.A.

Yamaha Motor Solutions Co., Ltd. Xiamen

Yamaha Kumamoto Products Co., Ltd

Tennessee Water Craft, Inc.

Motori Minarelli S.p.A. Chongqing Jianshe ⋅ Yamaha Motor Co., Ltd.

Yamaki Manufacturing Co., Ltd.

Yamaha Golf-Car Co.

Yamaha Motor Research & Development Europe s.r.l

Zhuzhou Jianshe Yamaha Motor Co., Ltd

Yamaha Amakusa Manufacturing Co., Ltd

Yamaha Motor Distribution Latin America, Inc.

Yamaha Motor Racing s.r.l.

Jiangsu Linhai Yamaha Motor Co., Ltd.

Maricom Tokai Co., Ltd.

Yamaha Motor Canada Limited

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Yamaha Motor France S.A.

Sichuan Huachuan Yamaha Motor Parts Manufacturing

JOB Co., Ltd Yamaha Motor do Brasil Ltda.

MBK Industrie Chongqing Pingshan TK Carburetor Co., Ltd.

Y's Gear Co., Ltd Yamaha Motor da Amazonia Ltda.

Yamaha Motor Espana S.A.

Yamaha Motor Taizhou O.P.E. Co., Ltd.

i-PULSE Co., Ltd Yamaha Motor Componentes da Amazonia Ltda.

Motor Center BCN S.A.

Fuzhou Jiaxin Soqi Power Products Co., Ltd.

Yamaha Motor Powered Products Co., Ltd.

Yamaha Administradora de Consorcio S.C. Ltda.

Yamaha Motor Portugal S.A.

Yantai Melton Mold Co., Ltd.

Yamaha Skytech Co., Ltd.

Banco Yamaha Motor do Brasil S.A.

Yamaha Motor Scandinavia AB

Yamaha Motor Taiwan Co., Ltd

Nishi Nippon Skytech Co., Ltd.

Yamaha Motor Corretora de Seguros Ltda.

OOO Yamaha Motor CIS

Topmost Consulting Co., Ltd.

Yamaha Motor Electronics Co., Ltd

Yamaha Motor Electronics do Brasil Ltda.

D'Ieteren Sport S.A. Yamaha Motor R&D Taiwan Co., Ltd

TOYOBESQ CO., LTD.

Yamaha Motor Argentina S.A.

Yamaha Motor Sanayi ve Ticaret Limited Sirketi

PT. Yamaha Indonesia Motor Manufacturing

Hamakita Industry Co., Ltd

Yamaha Motor del Peru S.A

PT. Yamaha Motor Kencana Indonesia

Yamaha Motor Hydraulic System Co., Ltd.

Yamaha Motor Selva del Peru S.A

PT. Yamaha Motor Manufacturing West Java

Fine Catec Co., Ltd. Industria Colombiana de Motocicletas Yamaha S.A.

PT. Yamaha Motor Parts Manufacturing Indonesia

Yamaha Motor Hydraulic System Co., Ltd

Yamaha Motor de Mexico, S.A. de C.V.

PT. Toyo Besq Precision Parts Indonesia

Melco Co., Ltd. Yamaha Motor Consorcio Mexico, S.A. de C.V.

PT. Yamaha Motor Electronics Indonesia

Yamaha Motor Assist Co., Ltd.

Industria Mexicana de Equipo Marino, S.A. de C.V.

MARKETING

Reeling under operating loss of Rs 336 crore in 2007, Yamaha India is adopting a turnaround strategy involving structural, financial and marketing fronts. For starters, Japanese trading company, Mitsui will take up a 3 per cent stake in Yamaha and contribute 30 per cent of the Rs 696 crore capital investment Yamaha India is going to make to shore up its finances. Parent

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company Yamaha Motor Corp (YMC) Japan is fully supportive of the revitalisation plan of its Indian arm and will be pumping in funds to the tune of Rs 800 crore in the coming 3 years to wipe out accumulated losses of the Indian subsidiary, since 2001. In return, YMC has asked Indian arm to get its act right in terms of its portfolio and marketing and pick up a 10 per cent share of Indian motorcycle sales by 2010.

Yamaha India currently sells 100cc Crux, 106cc Alba and 125cc Gladiator, all of which together accounted for a dismal 3.2 percent (2.1 lakh units) of the total 65.5 lakh motorcycles sold in 2006-07. The company on its part is planning to cash in on the current market sentiment of increasing tilt towards premium bikes, sales of which are growing y-o-y at 5 per cent even as the total motorcycle sales in 2007-8 have plunged by 12 per cent in the first ten months of the FY. Premium bike sales have in the meanwhile leaped up to over 15 per cent of total sales during 07-08 and are said to be still climbing. Yamaha India two upmarket 150-cc models R15 and FZ, modelled after Yamaha’s highly successful 1000cc superbikes R1 and FZ1000. It is a long haul for Yamaha India with no miracle cures in sight. Morgan Stanley analysts in their report do not see Yamaha India achieving its target of lapping up 10 per cent market share of total motorcycle sales by 2010. The analysts see Yamaha India selling 4,00,000 units by 2010 and ending up with operating loss of Rs 290 crore. Not a happy picture! Yamaha India division head (Operations) Om Prakash has announced setting up of a finance arm of the company to ‘support dealer and sales network in India’ in its bid to finance its products at a time financial institutions are scaling down their exposure to two-wheeler loans in the face of rising delinquency rates.

Human Resource Policy

We put customers first in everything we do. We take decisions keeping the customer in mindWe strive for excellence in everything we do and in the quality of goods & services we provide. We work hard to achieve what we commit & achieve results faster than our competitors and we never give up.

We work cohesively with our colleagues as a multi-cultural team built on trust, respect, understanding & mutual co-operation. Everyone's contribution is equally important for our success.We are honest, sincere, open minded, fair & transparent in our dealings. We actively listen to others and participate in healthy & frank discussions to achieve the organization's goals.

FINANCIAL analysis

Yamaha India has reported sales growth of 69.71% in the month of December 2010 compared to December 2009 on the back of new launches like SZ-R. Total sales stood at 34,839 units in the month of December 2010 compared to 20,529 units last year in the same period. The company reported month on month basis sales growth of 14.94%. The company sold 30,310 units in the November 2010.

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Domestic sales stood at 26,567 units in the month of December 2010 up by 95.17% compared to 13,612 units in the month of December 2009. Export stood at 8,272 units in the month of December 2010 up by 19.59% compared to 6,917 units in the month of December 2009. The company sold 2,74,670 units during April to December 2010 period up by 29.56% compared to 2,11,997 units during the same period last year.

For the entire year 2010 the company sold 3,50,264 units up by 30.75% compared to 2,67,895 units sold in the year 2009. The domestic sales stood at 2,58,987 in the year 2010 up by 18.46% compared to 2,18,987 units in the year 2009. Exports stood at 91,277 units in the year 2010 up by 85.26% compared to 49,270 units in the year 2009.

TVS Motor

Overview

TVS Motor Company is the third largest two-wheeler manufacturer in India and is among the world's top ten. It is the flagship company of the parent TVS Group employing over 40,000 people with an estimated 15 million customers. It manufactures motorcycles, scooters, mopeds and auto rickshaws. It is India's only two-wheeler company to have won the Deming Prize awarded for commitment to quality control, received in 2002.

Info


NSE: TVSMOTORIndustry AutomobilesFounded 1978Founder(s) Venu SrinivasanHeadquarters Chennai , IndiaKey people Venu Srinivasan, Chairman

K N Radhakrishnan, President & CEOS G Murali, CFOH S Goindi, President MarketingHarne Vinay Chandrakant, President NPIR Anandakrishnan, VP Business PlanningBLP Simha, President Director, PT.TVS Indonesia

Products Motorcycles,

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Scooters, Mopeds, Three-Wheelers

Parents TVS GroupAddress 5th Floor,

Jayalakshmi Estates,29 (old No.8), Haddows Road, Chennai

Contact 91-4428272233Website TVSMotor.in

History

The Legacy of TV Sundaram Iyengar

TVS Motor traces its origins back to the entrepreneurial spirit of Trichur Venkagaruswamy Sundaram Iyengar who gave up lucrative careers in the Indian Railways and in banking to set up his own business. He began with Madurai's first bus service in 1912 and founded T.V.Sundaram Iyengar and Sons Limited, a company that consolidated its presence in the transportation business with a large fleet of trucks and buses under the name of Southern Roadways Limited. When he died in 1955 his sons took the company ahead with several forays in the automobile sector, including finance, insurance, manufacture of two-wheelers, tyres and components. The group has managed to run 33 companies that account for a combined turnover of nearly $3 billion.

The Early Years

Sundaram Clayton, then the flagship company, was founded in 1962 in collaboration with Clayton Dewandre Holdings, United Kingdom. It manufactured brakes, exhausts, compressors and various other automotive parts. The company set up a plant at Hosur in 1978 to manufacture mopeds as part of a new division. A technical collaboration with the Japanese auto giant resulted in the joint-venture Ind Suzuki Limited in 1982 between Sundaram Clayton Ltd and Suzuki Motor Corporation. Commercial production of motorcycles began in 1984.

The TVS Suzuki Relationship

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TVS and Suzuki shared a 19 year long relationship that was aimed at technology transfer to enable design and manufacture of two-wheelers specifically for the Indian market. Rechristened TVS-Suzuki, the company brought out several models such as the Suzuki Samurai, Suzuki Shogun and Suzuki Fiero. Differences in opinion on how to run the join venture eventually led to the partners going their separate ways in 2001 with the company being renamed TVS Motor, relinquishing rights to use the Suzuki name. There was also a 30 month moratorium period during which Suzuki promised not to enter the Indian market with competing two-wheelers.The company also got over a period of labour unrest that required Chairman Venu Srinivasan to take tough measures to resurrect a company that was in a state of turmoil. He would go on to invest in new technology, nurture in-house design, and implement Toyota-style quality programs.

Rise to Present Prominence

Over the years TVS Motor has grown to be the largest in the group, both in terms of size and turnover, with four state of the art manufacturing plants in Hosur, Mysore and Nalagarh in India and Karawang in Indonesia. TVS Motor is credited with many innovations in the Indian automobile industry, notable among them being the introduction of India's first two-seater moped, the TVS 50cc. The company became the leader in its category of sub 100 cc mopeds, having sold 7 million units. It also introduced the TVS Scooty, which is India's second largest brand in the scooterette segment.The TVS Jive launched in November 2009 became India's first clutch-free motorbike aimed at a stress-free rider experience while the unisex scooter Wego is targeted at urban couples, featuring body-balance technology for easier handling

Awards

TVS Motor won the Deming Application Prize in 2002, becoming the first and only Indian two-wheeler company to win the award given to companies that do outstanding work in the field of Quality Management. It is considered to be one of the world's most prestigious quality awards. The same year, the work done for the TVS Victor motorcycle won TVS Motor the National Award for successful commercialization of indigenous technology from the Technology Development Board, Ministry of Science & Technology, Government of India. In 2004, TVS Scooty Pep won the 'Outstanding Design Excellence Award' from BusinessWorld magazine and the National Institute of Design, Ahmedabad. The effective implementation of Total Productivity Maintenance practices won TVS Motor the TPM Excellence Award given by the Japan Institute of Plant Maintenance in 2008.

TVS Motor has won several management awards, notable among them being the Emerging Corporate Giant in the Private Sector awarded by The Economic Times and the Harvard Business School Association of India. Business Today magazine awarded TVS Motor the Best Managed Company and the Most Investor Friendly Company awards. Its advertising practices won it the Good Advertising award by Auto India Best Brand Awards 2009.[15] Company Chairman Venu Srinivasan is a recipient of several awards for corporate excellence such as the

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Star of Asia Award by Bloomberg BusinessWeek and the JRD Tata Corporate Leadership Award. The University of Warwick, United Kingdom gave him an honorary Doctorate of Science degree while the Government of India honoured him with the Padma Shri, one of India's highest civilian distinctions.

Innovative implementation of Information Technology has won TVS Motor the Ace Award for Most Innovative NetWeaver Implementation in 2007 awarded by technology major SAP AG[19] and the Team Tech 2007 Award of Excellence for Integrated use of Computer-aided engineering Technologies.[20] TVS was ranked 54th in The Brand Trust Report published by Trust Research Advisory.

BOARD OF DIRECTORS

Name Designation

Venu Srinivasan Chairman and Managing director

T Kannan Director

R Ramakrishnan Director

H Lakshmanan Director

K S Bajpai Director

Group of Companies

TVS Auto is the flagship of the TVS & SON Ltd. The group comprises of 35 companies and was founded in the year 1926. The companies in the group are:

Axles India Limited Brakes India Limited

Delphi-TVS Diesel Systems Limited Harita TVS Technologies Limited

India Japan Lighting Private Limited India Motor Parts and Accessories Limited

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India Nippon Electricals Limited Irizar TVS Limited

Lucas Indian Service Limited Lucas-TVS Limited

Southern Roadways Limited Sundaram Brake Linings Limited

Sundaram-Clayton Limited Sundram Fasteners Limited

Rubber division Tyre solution division

Sundaram Textiles Limited Turbo Energy Limited

TVS Automotive Europe Limited TVS Auto Parts Private Limited

ZF Electronics TVS (India) Private Limited

TVS CJ Components Limited

TVS Electronics Limited Transaction automation products and solutions

Electronic manufacturing services TVS Interconnect Systems Limited

TVS Lanka Private Limited TVS Logistics Iberia S.L.

TVS Logistics Services Limited TVS Logistics SIAM Limited

TVS Motor Company Limited TVS Sewing Needles Limited

TVS Srichakra Limited TV Sundram Iyengar & Sons Limited

Wheels India Limited

PRODUCTS

TVS Apache TVS Centra

TVS Fiero FX TVS Apache RTR FI 160

TVS Flame DS/SR 125 TVS Jive

Star City Uictor GLX 125

Victor CX 100 MAX 100

PERFORMANCE AS ON 31 st MARCH 2009

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TVS Motors has posted growth of 40.65% in the month of December 2010. The company has sold 1,68,359 units in the month of December 2010 compared to 1,19,701 units sold in the month of December 2009. Total sales stood at 1,71,790 units in the month of December 2010 up by 42.07% compared to 1,20,913 units sold in the same period last year. On the month on basis the company has reported growth of 9.41% due to higher demand. The company has sold 1,53,822 units of two wheeler in the month of November 2010. Cumulative two wheelers sales for the period of April to December 2010 stood at 14,85,102 units of two wheelers up by 33.90% compared to 11,09,054 units of two wheeler sold in the same period last year.

Domestic sales stood at 1,49,357 units in the month of December 2010 up by 45.74% compared to 1,02,479 units sold in the month of December 2009. Export stood at 19,002 units in the month of December 2010 up by 10.34% compared to 17,222 units sold in December 2009. The company sold 41,804 units of scooter in the month of December 2010 up by 93.84% compared to 21,566 units of scooter sold in the month of December 2009. Motorcycle sales stood at 61,414 units in the month of December 2010 up by 23.92% compared to 49,560 units sold in the month of December 2009.

TVS Motors has posted highest growth among top three players which includes Bajaj Auto and Hero Honda. The main reason behind posting higher sales is higher sales growth in Scooter segment where HMSI (Honda Motorcycle & Scooter India Ltd) is losing market share due to capacity constraint.

MARKETING

MARKET STRATEGY FOLLOWED BY TVS MOTORS

1 .Star and Apache - key volume drivers

2 Brand Building – focus to sustain

3 Trying to capture the Imagination of people

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Total sales(Rs in Crore) 3,746.72

Net profit (Rs in millions) 31.08

Operating profit (Rs in millions) 188.99

Earning per share 1.31

Total Current assets (Rs in millions) 893.67

Total current liabilities (Rs in millions) 615.83

Working capital 277.84

Sectoral Research

4 Customer Satisfaction And Quality

5 Research And Development

6 Increasing Nationwide Network And Reach

7 Creating goodwill in the market- Serving the society

8 Changing Technology when needed

9 Launch goods carrier, gearless scooter

10 Taking women on a ride

HUMAN RESOURCE

It's not easy to bring future to life. The ability to dream of the best for customers even before they can think of it. Training is an integral part of working with TVS Motor. Its not just about staying ahead. Its about being future-ready. Everyone is a leader at TVS Motor. Excellence at every level ensures quality and customer satisfaction.

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HERO HONDA

Overview

Hero Honda Motors Limited is a two wheeler manufacturer based in India. Hero Honda is a joint venture between the Hero Group of India and Honda of Japan. The company is the largest two wheeler manufacturer in India.The 2006 Forbes 200 Most Respected companies list has Hero Honda Motors ranked at 108.

Info

Type Public BSE: 500182NSE: HEROHONDA

Industry AutomobileFounded January 19, 1984 in Gurgaon, Haryana, IndiaHeadquarters New Delhi, IndiaKey people Brijmohan Lal Munjal (chair and founder)

Toshiaki Nakagawa (joint managing director)Pawan Munjal (Managing Director & CEO

Products Bikes,scooter, Autorickshaw

Revenue US$ 2.8 billionAddress 34 Community Centre,

Basant Lok, Vasant Vihar, New Delhi , IndiaContact +91-11-2614-2451Website www.Herohonda.com

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History“Hero” is the brand name used by the Munjal brothers for their flagship company Hero Cycles Ltd. A joint venture between the Hero Group and Honda Motor Company was established in 1984 as the Hero Honda Motors Limited At Dharuhera India. Munjal family and Honda group both own 26% stake in the Company. In 2010, it was reported that Honda planned to sell its stake in the venture to the Munjal family.

During the 1980s, the company introduced motorcycles that were popular in India for their fuel economy and low cost. A popular advertising campaign based on the slogan 'Fill it - Shut it - Forget it' that emphasised the motorcycle's fuel efficiency helped the company grow at a double-digit pace since inception. The technology in the bikes of Hero Honda for almost 26 years (1984–2010) has come from the Japanese counterpart Honda.

Hero Honda has three manufacturing facilities based at Dharuhera, Gurgaon in Haryana and at Haridwar in Uttarakhand. These plants together are capable of churning out 3 million bikes per year. Hero Honda has a large sales and service network with over 3,000 dealerships and service points across India. Hero Honda has a customer loyalty program since 2000,called the Hero Honda Passport Program.

Board of directors

Name DesignationMr. Brijmohan Lall Munjal Chairman & Whole-time Director

Mr. Pawan Munjal Managing Director & C.E.O.

Mr. Toshiaki Nakagawa Joint Managing Director

Mr. Sumihisa Fukuda Technical Director

Mr. Sunil Kant Munjal Non-Executive Director

Mr. Suman Kant Munjal Non-Executive Director

Mr. Takashi Nagai Non-Executive Director

Mr. Yuji Shiga Non-Executive Director

Mr. Pradeep Dinodia Non-executive & Independent Director

Gen. (Retd.) V. P. Malik Non-executive & Independent Director

Mr. Analjit Singh Non-executive & Independent Director

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Dr. Pritam Singh Non-executive & Independent Director

Ms. Shobhana Bhartia Non-executive & Independent Director

Mr. M. Damodaran Non-executive & Independent Director

Mr. Ravi Nath Non-executive & Independent Director

PRODUCTS

CD-100 SLEEK

CD-100 SS Spelendor

Street CBZ

PASSION DAWN, AMBITION

CD-DAWN, SPLENDOR +, PASSION +,KARIZMA

SUPER-SPLENDOR, CD-DELUX, GLAMOUR, ACHIEVER

FINANCIAL HIGHLIGHTES AS ON 31 st MARCH 2009

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Total sales(Rs in Crore) 12,539.84

Net profit (Rs in millions) 12,817.60

Operating profit (Rs in millions) 1,781.46

Earning per share 63.45

Total Current assets (Rs in millions) 1,013.49

Total current liabilities (Rs in millions) 2,052.32

Working capital (1,038.83)

Sectoral Research

Hero Honda the world’s no. 1 two wheeler company has posted massive growth of 33.33% in the month of December 2010 compared to December 2009. The company has sold 5,01,111 units of two wheeler in the month of December 2010 compared to 3,75,838 units of two wheeler sold in the month of December 2009. This is the second month in this financial year where company has posted sales of more than 5 lakh units.

This is the Eighth consecutive month where Hero Honda has sold more than 4 lakh units. Sale is also up by 18.93% on the month on month basis. The company has sold 4,21,366 units in the month of November 2010. The nos. are really surprising and much more than market expectation. Hero Honda has sold 39,48,013 units during April 2010 to December 2010 period up 15.65% compared to 34,13,594 units sold in the same period last year. The October to December 2010 quarter made history in the company by posting sales figure of 14,28,030 units up by 28.49% compared to 11,11,372 units in the same period last year. It seems like the company will continuously post higher sales will remain on no.1 position regardless of competition.

MARKETING

Hero Honda’s key strategy has been driven by innovation in every sphere of activity – building a robust product portfolio across categories, exploring new markets, aggressively expanding the network and continuing to invest in brand building activities. 4 P’s OF MARKETING OF HERO HONDA :-

PRODUCT

Hero Honda, which has a technology tie-up with Japan's Honda Motors, was currentlydiscussing the feasibility of manufacturing scooters for the Indian market, Mr. Munjal said.However, the company has a binding clause with Honda's scooter manufacturing Indiansubsidiary, preventing it from making scooters till 2004.

Hero Honda Motors, India's largest motorcycle company, has launched the premium segment 223cc motorcycle Karizma priced at Rs 79,000 (ex-showroom, Delhi). Many of the products which the company has started with have been phased off. Now the existing products are Karizma, Ambition, CBZ, Splendor, Splendor+, Passion, Passion Plus, CD 100 SS, CD 100 and CD Dawn.

The TCS study examines customer evaluations at three distinct ownership periods: 1 to 6 months, 7 to 18 months, and 25 to 36 months. This helps in understanding the differences in

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satisfaction during initial ownership, in-warranty and post-warranty ownership periods. Satisfaction ratings decline as the length of vehicle ownership increases. However, Hero Honda Splendor is among the few models to maintain consistency across the three ownership periods.

PRICING

Pricing is a important component of marketing mix of the firm. Determining the prices of different products of a firm is very difficult task of the marketing manager. Price denotes money value of a product. If represent the amount of money for which a product can be exchange. In other words, prices represents the money which the buyer pays to the seller for a product price represent the exchange value of goods and services in terms of money. Price is all around.

Price factor has very well been touched by the manufacturers. The pricing strategy of the company is very set. They price their product according to the cost of production and also by keeping an eye on the price of the competitors of that segment and demand of the product in the market.

A pricing strategy that ensured an average manufacturer margin that game dealer an adequate return and created a reputation with consumers like “a company selling a good quality product at a reasonable price. Industry focuses themselves the low cost producer with good quality and aimed to maintain the price advantage in every market of two wheelers.

Hero Honda group ensures an easily affordable pricing through excellent transportation to Common man. It fixes customer centric pricing that provide customer total satisfaction. Hero Honda’s pricing objectives are: List price, Discount, Financing schemes, Credit terms, and Maximize

Hero Honda group ensures an easily affordable pricing through excellent transportation to common man. It fixes customer centric pricing that provides the customer with total satisfaction.

PLACE

CHANNELS OF DISTRIBUTION:

As a company, dealers play a major role in serving customers, while growing and sustainingmarkets. Hero Honda has a network of more than 3500 strong and dedicated Authorizeddealers. A network that has helped Hero Honda’s name and its promise of reliable quality toevery part of the country. The power of this highly efficient and motivated network goes along way to create goodwill for Hero Honda brand among countless consumers besidescreating availability and after sales services.

The channel of distribution is a direct dealer network. A direct dealer is a dealer who is authorized to purchase the product directly from the company and sell.

PHYSICAL DISTRIBUTION:

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Hero Honda has more than 3500 showrooms in India. Some of the Authorized dealers of Hero Honda Karizma, in and around Bombay, are:• Max Motors (Bombay)• F. P. Motors (Bombay)• Axis Motors (Thane)• Ranjeet Motors (Thane)• Ahir Motors (Kalyan)• Spectra Motors (New Bombay)

PROMOTION

Promotional tools

1.ADVERTISING: It is defined as a paid non-personal communication with a target (usually mass) market. It is cost effective and can reach a large number of people. It can also be used for long term or short term objectives.

There are various forms or mediums through which can advertise.

A. Broadcast Media:

Television Radio Cinema

B. Print media:

Newspapers Magazines Leaflets

C. Outdoor media:

Posters and billboards.

HUMAN RESOURCE

Hero Honda Motors takes considerable pride in its stakeholder relationships, especially ones developed at the grassroots. The Company believes it has managed to bring an economically and socially backward region in Dharuhera, Haryana, into the national economic mainstream. An Integrated Rural Development Centre has been set up on 40 acres of land along the Delhi-Jaipur Highway. The Centre-complete with wide approach roads, clean water, and education facilities for both adults and children-now nurtures a vibrant, educated and healthy community.

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The Foundation has adopted various villages located within vicinity of the Hero Honda factory at Dharuhera for integrated rural development. This includes:

Installation of deep bore hand pumps to provide clean drinking water.

Constructing metalled roads and connecting these villages to the National Highway Renovating primary school buildings and providing hygienic water and toilet facilities.

Ensuring a proper drainage system at each of these villages to prevent water-logging.

Financial Stats

Income Statement


Revenue 3,574.9 2,361.6 2,589.1

Cost of Goods Sold -- 2,076.1 1,901.5

Gross Profit 3,574.9 285.4 687.6

Gross Profit Margin --% 12.1% 26.6%

SG&A Expense -- -- 240.5


Operating Income -- 256.9 251.5

Operating Margin --% 10.9% 9.7%

Nonoperating Income -- 84.6 101.9


Income Before Taxes -- 341.5 353.4

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Net Income After Taxes -- 245.7 242.6

Continuing Operations -- 245.7 242.6


Total Operations -- 245.7 242.6



Diluted EPS from Total Net Income -- 1.23 1.21

Dividends per Share -- -- --


Balance Sheet


Current Assets

Cash -- 42.1 32.9


Inventories 0 62.7 79.5

Other Current Assets -- 89.5 122.4

Total Current Assets -- 194.3 234.8

Net Fixed Assets -- 972.2 1,036.7

Other Noncurrent Assets 0 0 0

Total Assets 1,351.5 1,166.5 1,271.4


Current Liabilities

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Accounts Payable -- 134.8 0.0


Other Current Liabilities -- 258.8 332.0

Total Current Liabilities -- 393.5 332.0


Other Noncurrent Liabilities -- 44.4 191.0



Cash Flow Statement


Net Operating Cash Flow -- 261 304

Net Investing Cash Flow -- (165.1) (195.7)

Net Financing Cash Flow -- (95.8) (108.3)

Net Change in Cash -- (0.4) (0.4)


Capital Expenditures

Cash Dividends Paid


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Suzuki

Overview

Suzuki Motor Corporation is a Japanese multinational corporation headquartered in Hamamatsu, Japan that specializes in manufacturing compact automobiles and 4x4 vehicles, a full range of motorcycles, all-terrain vehicles (ATVs), outboard marine engines, wheelchairs and a variety of other small internal combustion engines. Suzuki is Japan's 4th largest automobile manufacturer after Toyota, Honda ,Nissan and the 9th largest automobile manufacturer in the world by production volume, employees over 45,000 people, has 35 main production facilities in 23 countries and 133 distributors in 192 countries. According to statistics from the Japan Automobile Manufacturers Association (JAMA), Suzuki is Japan's second-largest manufacturer of small cars and trucks.

Info

Type PublicTYO: 7269)

Industry AutomobilesFounded 1909 (as Suzuki Loom Works)Founder(s) Michio SuzukiHeadquarters Hamamatsu, Shizuoka, Japan

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Key people Osamu Suzuki, Chairman of the Board, President, CEO, COO and Representative Director

Products AutomobilesEnginesMotorcyclesATVsOutboard Motors

Subsidiaries Magyar SuzukiMaruti SuzukiPak Suzuki Motor

Address 300 Takatsuka-cho,Minami-ku, Hamamatsu, Shizuoka, Japan

Contact +81-53-440-2061 Website www.GlobalSuzuki.com

History

In 1909, Michio Suzuki (1887–1982) founded the Suzuki Loom Works in the small seacoast village of Hamamatsu, Japan. Business boomed as Suzuki built weaving looms for Japan's giant silk industry. In 1929, Michio Suzuki invented a new type of weaving machine, which was exported overseas. Suzuki filed as many as 120 patents and utility model rights. The company's first 30 years focused on the development and production of these exceptionally complex machines.

Despite the success of his looms, Suzuki realized his company had to diversify and he began to look at other products. Based on consumer demand, he decided that building a small car would be the most practical new venture. The project began in 1937, and within two years Suzuki had completed several compact prototype cars. These first Suzuki motor vehicles were powered by a then-innovative, liquid-cooled, four-stroke, four-cylinder engine. It featured a cast aluminum crankcase and gearbox and generated 13 horsepower (9.7 kW) from a displacement of less than 800cc.

With the onset of World War II, production plans for Suzuki's new vehicles were halted when the government declared civilian passenger cars a "non-essential commodity." At the conclusion of the war, Suzuki went back to producing looms. Loom production was given a boost when the U.S. government approved the shipping of cotton to Japan. Suzuki's fortunes brightened as orders began to increase from domestic textile manufacturers. But the joy was short-lived as the cotton market collapsed in 1951.

Faced with this colossal challenge, Suzuki's thoughts went back to motor vehicles. After the war, the Japanese had a great need for affordable, reliable personal transportation. A number of firms

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began offering "clip-on" gas-powered engines that could be attached to the typical bicycle. Suzuki's first two-wheel ingenuity came in the form of a motorized bicycle called, the "Power Free." Designed to be inexpensive and simple to build and maintain, the 1952 Power Free feature a 36 cc, one horsepower, two-stroke engine.An unprecedented feature was the double-sprocket gear system, enabling the rider to either pedal with the engine assisting, pedal without engine assist, or simply disconnect the pedals and run on engine power alone. The system was so ingenious that the patent office of the new democratic government granted Suzuki a financial subsidy to continue research in motorcycle engineering, and so was born Suzuki Motor Corporation.

In 1953, Suzuki scored the first of many racing victories when the tiny 60 cc "Diamond Free" won its class in the Mount Fuji Hill Climb. By 1954, Suzuki was producing 6,000 motorcycles per month and had officially changed its name to Suzuki Motor Co., Ltd. Following the success of its first motorcycles, Suzuki created an even more successful automobile: the 1955 Suzuki Suzulight. Suzuki showcased its penchant for innovation from the beginning. The Suzulight included front-wheel drive, four-wheel independent suspension and rack-and-pinion steering—features common on cars half a century later.

By 1954, Suzuki was producing 6,000 motorcycles per month and had officially changed its name to Suzuki Motor Co., Ltd. Following the success of its first motorcycles, Suzuki created an even more successful automobile: the 1955 Suzuki Suzulight. Suzuki showcased its penchant for innovation from the beginning. The Suzulight included front-wheel drive, four-wheel independent suspension and rack-and-pinion steering—features common on cars half a century later.

Board of directors

Name Designation

Dr. David Suzuki Co-founder

Dr. Tara Cullis President and co-founder

James Hoggan Director

Elaine Wong Treasurer

Ray Anderson chair of Interface Inc

Stephen R. Bronfman Director

Severn Cullis-Suzuki Director

Pauline D'Amboise Director

John Lefebvre Director

Dr. Samantha Nutt Director

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Miles Richardson Director

George Stroumboulopoulos Director

Dr. Peter Victor Director

Group Of Companies

Suzuki Auto is the flagship of the Suzuki Ltd. The group comprises of 11 companies. The companies in the group are:

Suzuki-Sumiden stainless steel wire co.ltd. Suzuki Garphyttan AB

Suzuki Garphyttan Corp. Suzuki Garphyttan (SUZHOU) co.Ltd.

Suzuki Garphyttan GmbH, Germany West Japan stainless steel wire co.ltd.

Suzuki-Sumiden wire products Guangzhou co.ltd. SKK Technology co.ltd.

ICHKAWA Seisen co.ltd. Pianosen Kogyo co.Ltd.

Muroran Suzuki co.Ltd.

PRODUCTS

GXR-R 1000 Bandit 1250 S Hayabusa 1300

Intrdure M1800R GS 150R Slingshot

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Slingshot plus GSX-R 750 Marauder

Suzuki TL 1000R Suzuki SV 1000

PERFORMANCE AS ON 31 st MARCH 2009

Suzuki Motorcycle India reported massive growth of 77.59% in the month of December 2010 compared to December 2009. The company’s total sales stood at 25,837 units in the month of December 2010 compared to 14,549 units in the month of December 2009. The company has reported almost flat sales month on month basis. The company sold 25,439 units in the month of November 2010. This is consecutive 3rd month where we are seeing flat sales which mean the production plant is running on optimum capacity. The company sold 1,97,433 units during April to December 2010 up 55.37% compared to 1,24,659 units in the same period last year.

SERVICES

Suzuki Motorcycle India Private Limited, offers 6 Free services for its motorcycle.

The Services to be availed within the specified kms or days from the date of sale of motorcycle whichever occurs first

It is mandatory to avail all Free and Paid the services as per given schedule The services can be availed only at our SMIPL authorized dealership Cost of oil & gaskets are chargeable at actual during the Free service period If Motorcycle meets with an accident during the Free services period then the actual

labour and parts charges has to be borne by customer to make the vehicle perfect (road worthy)

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Total sales(Rs in Crore) 30,048.88Net profit (Rs in millions)Operating profit (Rs in millions) 1,142.2Earnings per share 53.97Total Current assets (Rs in millions) 12,677.90Total current liabilities (Rs in millions) 10,851.21Working capital 1,826.69

Sectoral Research

Information Technology

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General Information

IT is the area of managing technology and spans wide variety of areas that include but are not limited to things such as processes, computer software, information systems, computer hardware, programming languages, and data constructs. In short, anything that renders data, information or perceived knowledge in any visual format whatsoever, via any multimedia distribution mechanism, is considered part of the domain space known as Information Technology (IT).

IT professionals perform a variety of functions (IT Disciplines/Competencies) that range from installing applications to designing complex computer networks and information databases. A few of the duties that IT professionals perform may include data management, networking, engineering computer hardware, database and software design, as well as management and administration of entire systems. Information technology is starting to spread further than the conventional personal computer and network technology, and more into integrations of other technologies such as the use of cell phones, televisions, automobiles, and more, which is increasing the demand for such jobs.

In the recent past, the Accreditation Board for Engineering and Technology and the Association for Computing Machinery have collaborated to form accreditation and curriculum standards for degrees in Information Technology as a distinct field of study as compared to Computer Science and Information Systems today. SIGITE (Special Interest Group for IT Education) is the ACM working group for defining these standards. The Worldwide IT services revenue totaled $763 billion in 2009.

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Information technology in India

The Indian Information Technology sector can be classified into the following broad categories - IT Services, Engineering Services, ITES-BPO Services and E-Business. IT Services can further be categorized into Information Services (IS) outsourcing, packaged software support and installation, systems integration, processing services, hardware support and installation and IT training and education.

Engineering Services include Industrial Design, Mechanical Design, Electronic System Design (including Chip/Board and Embedded Software Design), Design Validation Testing, Industrialization and Prototyping.

Engineering Services include Industrial Design, Mechanical Design, Electronic System Design (including Chip/Board and Embedded Software Design), Design Validation Testing, Industrialization and Prototyping.

IT Enabled Services are services that use telecom networks or the Internet. For example, Remote Maintenance, Back Office Operations, Data Processing, Call Centers, Business Process Outsourcing, etc. IT sector is attracting considerable interest not only as a vast market but also as potential production base by international companies. Therefore India is considered as a pioneer in software development and a favorite destination for IT-enabled services.

E Business (electronic business) is carrying out business on the Internet; it includes buying and selling, serving customers and collaborating with business partners.

The following are some of the strengths of the Indian IT sector:

Highly skilled human resource; Low wage structure; Quality of work; Initiatives taken by the Government (setting up Hi-Tech Parks and implementation of e-

governance projects); Many global players have set-up operations in India like Microsoft, Oracle, Adobe, etc.; Following Quality Standards such as ISO 9000, SEI CMM etc.; English-speaking professionals; Cost competitiveness; Quality telecommunications infrastructure.

The following are some of the weaknesses of the sector: Absence of practical knowledge; Dearth of suitable candidates; Less Research and Development; Contribution of IT sector to India’s GDP is still rather small;

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IT development concentrated in a few cities only.

The Indian Information Technology industry accounts for a 5.19% of the country's GDP and export earnings as of 2009, while providing employment to a significant number of its tertiary sector workforce. More than 2.5 million people are employed in the sector either directly or indirectly, making it one of the biggest job creators in India and a mainstay of the national economy. In 2010-11, annual revenues from IT-BPO sector is estimated to have grown over US$76 billion compared to China with $35.76 billion and Philippines with $8.85 billion.India's outsourcing industry is expected to increase to US$225 billion by 2020. The most prominent IT hub is IT capital Bangalore. The other emerging destinations are Chennai, Hyderabad, Coimbatore, Kolkata, Kochi, Pune, Mumbai, Ahmedabad and NCR and . Technically proficient immigrants from India sought jobs in the western world from the 1950s onwards as India's education system produced more engineers than its industry could absorb. India's growing stature in the Information Age enabled it to form close ties with both the United States of America and the European Union. However, the recent global financial crises has deeply impacted the Indian IT companies as well as global companies. As a result hiring has dropped sharply and employees are looking at different sectors like the financial service, telecommunications, and manufacturing industries, which have been growing phenomenally over the last few years.

India's IT Services industry was born in Mumbai in 1967 with the establishment of Tata Group in partnership with Burroughs. The first software export zone SEEPZ was set up here way back in 1973, the old avatar of the modern day IT park. More than 80 percent of the country's software exports happened out of SEEPZ, Mumbai in 80s.

Each year India produces roughly 500,000 engineers in the country, out of them only 25% to 30% possessed both technical competency and English language skills, although 12% of India's population can speak in English. India developed a number of outsourcing companies specializing in customer support via Internet or telephone connections. By 2009, India also has a total of 37,160,000 telephone lines in use, a total of 506,040,000 mobile phone connections, a total of 81,000,000 Internet users—comprising 7.0% of the country's population, and 7,570,000 people in the country have access to broadband Internet— making it the 12th largest country in the world in terms of broadband Internet users. Total fixed-line and wireless subscribers reached 543.20 million as of November, 2009.

Key Players:The following are India’s Tier 1 companies in the IT sector:

Tata Consultancy Services Ltd. Wipro Technologies Ltd. Infosys Technologies Ltd.

The other key players include the following:

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IBM HCL Patni Polaris Cisco KPIT Cummins Kanbay i-Flex Solutions Cognizant Sapient Mphasis

Global IT players in India:There are a large number of multi-national IT enterprises operating in India in sectors such as: Integrated Chip Design, System Software, Communication Software, R&D Centres, Technology Support Sector, Captive Support Sector, BPO Sector etc reaping the cost and quality advantages.

These multinationals include Siemens, Philips, Intel, Texas Instruments etc. (Chip Design); Siemens, Motorola, Lucent Technologies, Sony, Nortel etc. (Communication Software); Microsoft, Oracle, Sun Microsystems, HP, Compaq etc. (Systems Software); Google, Yahoo etc. (R&D Centres); Axa Business Services, Swiss Shared Services, Siemens Shared Services etc. (BPO Sector); Accenture, DELL, HSBC, GE Capital, Fidelity etc. (Captive Support Sector).

Growth of the Indian IT Sector:The Indian information technology sector is one of the sunshine sectors of the Indian economy showing rapid growth and promise.

The Indian IT-BPO sector is estimated to reach a target of US$ 60 billion in exports and US$ 73-75 billion in overall software and services revenues by 2010. India's information and communication technology market is estimated to grow 20.3 per cent annually to reach US$ 24.3 billion b y 2011.

The Indian IT and ITeS market is estimated to grow at the rate of over 16 percent to become a US$ 132 billion industry, significantly, the domestic market alone is expected to become over US$ 50 billion, with a CAGR of about 18.4 percent. Simultaneously, the IT and ITeS exports are estimated to more than double to US$ 78.62 billion by 2012.

Leading international companies have identified custom application development and maintenance as priority areas due to high offshoreable component. The demand for domestic

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BPOs has been largely driven by faster GDP growth and by sectors such as telecom, banking, insurance, retail, healthcare, tourism and automobiles.

According to a recent World Bank study, India is the preferred location for software vendors for its quality and cost. India has strong UNIX base which provides opportunity for the development of products for internet based applications. Further, India has global connectivity with international dialing facility from over 13220 locations, Leased/switched high-speed data links from major centers through STPs and VSNL for point-to-point communication are also available.

WIPRO

Company Overview

Wipro IT Business, a division of Wipro Limited, is amongst the largest global IT services, BPO and Product Engineering companies. In addition to the IT business, Wipro also has leadership position in niche market segments of consumer products and lighting solutions. The company has been listed since 1945 and started its technology business in 1980. Today, Wipro generates USD 6 billion (India GAAP figure 2009-10) of annual revenues. Its equity shares are listed in India on the Mumbai Stock Exchange and the National Stock Exchange; as well as on the New York Stock Exchange in the US.

Wipro makes an ideal partner for organizations looking at transformational IT solutions because of its core capabilities, great human resources, commitment to quality and the global infrastructure to deliver a wide range of technology and business consulting solutions and services, 24/7. Wipro enables business results by being a ‘transformation catalyst’. It offers integrated portfolio of services to its clients in the areas of Consulting, System Integration and Outsourcing for key-industry verticals.

Company Info


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NSE: WIPRONYSE: WITNASDAQ: WIT

Industry IT servicesIT consulting

Founded 1945Founder(s) M.H. Hasham PremjiHeadquarters Bangalore, Karnataka, IndiaArea served WorldwideKey people Azim Premji (Chairman)Services Outsourcing, BPO, Software serviceRevenue US$ 6.03 billion (2010)Operating income US$ 1.144 billion (2010)Profit US$ 1.02 billion (2010)Total assets US$ 7.498 billion (2010)Total equity US$ 4.373 billion (2010)Employees 119,491 (December 2010Divisions Wipro Consumer Care & Lighting

Wipro EcoEnergyWipro Infrastructure EngineeringWipro GE Medical Systems Limited

Website Wipro.com

History

The company was established in 1980 as subsidiary of Wipro Limited listed on New York Stock Exchange. Wipro was initially set up as a vegetable oil manufacturer in 1945 in Amalner, Maharashtra, producing sunflower Vanaspati Oil and soaps. At that time, the company was called Western India Vegetable Products Limited (later abbreviated down to Wipro). The company logo still contains a sunflower to reflect their original business. During 1970s and 1980s it shifted its focus and begin to look into business opportunities in IT and computing industry which was at nascent stages in India at that time. Wipro was the first company which marketed the first indigenous homemade PC from India in 1975.

In 1966 Azim Premji, still the majority shareholder in Wipro, took over as the chairman of the company at the age of 21 and with the passage of time transformed it into one of the finest and largest IT outsourcing services provider of the world.

Fact Sheet

Wipro is the first Indian IT Service Provider to be awarded Gold-Level Status in the Microsoft Windows Embedded Partner Program

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Wipro is the world’s largest independent R&D Services Provider Wipro is the world's first PCMM Level 5 software company Wipro is one among the few companies in the world to be assessed at CMMI Level 5 for

V1.2 across offshore and near shore development centers World's first IT Services Company to use Six Sigma The pioneers in applying Lean Manufacturing techniques to IT services Wipro is the world’s first SEI CMM/CMMI Level 5 IT services company The first to get the BS15000 certification for its Global Command Center Functional RFID Enabled Concept Store and Global Data Synchronization Laboratory

BS7799 and ISO 9000 certified Among the top three offshore BPO service providers in the world Wipro is a strategic partner to five of the top ten most innovative companies in the

world* (*Technology Review Innovation Index 2005) Over 50 industry specific ‘Centers of Excellence' 108,071 employees One of the most preferred employers for top class talent (Survey by Hewitt Associates,

Fortune Magazine, and The RBL Group, 2007) 72 Development Centers across the globe No. 2 in Indian Domestic IT Services Provider Market

Management Team

Board of Directors

Chairman Azim H. Premji, senior executives of Wipro and external members who are global leaders and visionaries, form the Wipro Board of Directors which provides direction and guidance to the organization.

Chairman

Azim H. Premji

Executive Directors

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T. K. Kurien Suresh C. Senapaty

Independent Directors

Ashok S. Ganguly B. C. Prabhakar Dr. Henning Kagermann Jagdish N. Sheth

N. Vaghul P. M. Sinha William Arthur Owens Shyam Saran

Corporate Executive Council

Wipro Corporate Executive Council comprises a core group of corporate ideologues who have played a key role in shaping the company’s corporate initiatives over the years. The Corporate Executive Council, led by Azim H. Premji, Chairman, Wipro Limited, has been an active and engaging forum in deliberating the long term vision for the corporation.

Azim H. PremjiChairmanWipro Limited

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Suresh C. SenapatyExecutive Director &

Chief Finance Officer

Wipro Limited

T. K. KurienCEO, IT Business &

Executive DirectorWipro Limited

Pratik KumarExecutive Vice President, Human Resources, Wipro LimitedPresident, Wipro Infrastructure Engineering

Anurag BeharChief Sustainability Officer

Wipro Limited

Vineet AgrawalPresident,Wipro Consumer Care and LightingHead-Corporate Brand & Communication

V. RajaManaging DirectorWipro GE Healthcare Pvt. Ltd.

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Sambuddha DebChief Global Delivery Officer

Martha BéjarChairperson & CEOInfocrossing: A Wipro Company

Services

Business Technology ServicesBusiness Technology Services helps customers realize high business value by incorporating information strategy, business collaboration, business integration and managing IT risk, across the value chain of the enterprise. We are at the forefront of building business and technology solutions and IPs, applying advanced technology areas including Cloud Computing, sustainability, Mobility, Social Computing and Analytics among others.

Wipro solutions enable organizations to drive critical business outcomes leveraging information technology.

Testing ServicesWipro dedicated Testing Services business unit has a comprehensive solution portfolio comprising of

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Business models like Testing as Managed Services (TMS)™ which assures measurable business outcomes through improved quality processes

Investments in Specialized Testing practices comprising of Automation, Performance Testing & SOA Testing etc. for transforming critical processes

Home grown innovative solutions like Virtualization in Testing, Software as a Service (SaaS), services on lab-on-hire model and cutting edge Next Generation Testing IPs and frameworks

Independent Verification and Validation Services with clear focus on entire Testing Life Cycle Management

Enterprise Application ServicesWipro’s Testing Services focus on deployment readiness for applications/products to ensure the client has a competitive advantage in the market by delivering Functional Assurance, Better Quality & Enhanced Performance in addition to recurring higher cost savings on the testing efforts. From Risk-based Testing to Cloud Testing, IV&V and Business Assurance, Wipro provides Testing Services that live up to technologies breaking into the new markets.

The Enterprise Application industry (EAS) is the cornerstone in every organization’s IT structure. The current economic climate with its dynamic changes raise a whole set of challenges for companies to enable vital business operations - cost reduction and business agility being of utmost importance. In this era of evolving technology, organizations wish to get rid of technology constraints by applying standardized business practices and reduce the application lifecycle costs.

Wipro's Enterprise Application Services (EAS) practice proactively assists organizations in their business transformation initiatives and offers strategic vision which aims at business process transformation, thus helping reduce TCO, increase ROI and improve productivity. Wipro enterprise solution packaged applications include skilled resources and best-in-class technology for business process transformation.

Product Engineering ServicesWe deliver High Value Engineering solutions & partnerships across the entire product lifecycle with technology & human capital that accelerate time to revenue, build the right product, and develop the eco-system to maximize the total revenues and profit.

Wipro enable customer to achieve

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Right Product with market research and competition analysis, standards compliance, state of art testing. E.g: Tarang Compliance lab, AS9100, SPICE

Faster Time to Revenue with our customizable platforms, framework, IP. E.g: Automotive connectivity, patient monitoring gateway, Consumer electronics middleware stacks, NCO platform.

Eco system to generate more revenue with research, demo applications, product training partners,... E.g: ANRC, EagleWision for ASIC tool flow

Infrastructure Management ServicesWipro’s Infrastructure Management Services cater to the three most crucial principles of global business: Growth Through Partnership, Service Delivery Excellence and Transformation Focused Execution.

Enterprise Technology IntegrationWipro system integration services include consultancy, system integration and project management of IT services that provide:

Application and enterprise systems integration Business continuity planning Contact centre infrastructure Data centers Disaster recovery services Enterprise management Network integration Platform integration Retail automation Security infrastructure

Business Process OutsourcingBusiness Process Outsourcing optimizes business performance to attain value creation. There has been a tremendous upsurge in the outsourcing industry in many developing countries, like India which aid in reducing costs and increasing service quality.

Wipro Business Process Outsourcing (BPO) is a leading provider of BPO services focusing on the complex, voice and non-voice based segment of customer-care services. The integrated solution approach provides enhanced value to the customers through process standardization, process simplification and process optimization. Customer services are provided from outsourcing companies in North America, Central and Eastern Europe, India, China and Latin America.

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Products

Infrastructure Technology SolutionsExpanding businesses are on the constant search for the latest IT products that can help them come up with a comprehensive solution to drive home the competitive advantage. Asset productivity through implementation of integrated technology solutions help suit your domain specific needs. In the business of addressing enterprises for over 20 years, Wipro Infotech partners with best of breed alliances to refurbish your IT infrastructure and extends a unique opportunity to leverage the latest technology products and services at competitive costs.

Wipro Infotech delivers customised enterprise products that are geared to address your technology infrastructure requirements. From a technology and business perspective, we study your IT environment to get a clear understanding of your requirements. Aligning your IT project with cost efficient resources and delivery timelines, we deliver enterprise products that include the following:

Networking Solutions Enterprise Information Security Emerging Technologies Enterprise Management Contact Centre Infrastructure Platforms & Storage

Financial Stats

Income Statement


Revenue 6,040.2 4,880.0 4,959.7

Cost of Goods Sold 4,137.7 3,415.6 3,487.8

Gross Profit 1,902.5 1,464.4 1,471.9

Gross Profit Margin 31.5% 30% 29.7%

SG&A Expense 742.5 622.2 618.3

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Operating Income 1,144.1 793.4 846.6


Nonoperating Income 11.8 (63.6) 68.4

Nonoperating Expenses 74.8 (7.7) --

Income Before Taxes 1,230.7 765.6 907.9

Net Income After Taxes 1,024.2 661.6 10.4

Continuing Operations 1,024.2 661.6 10.4


Total Operations 1,024.2 661.6 10.4

Total Net Income 1,024.2 661.6 10.4





Balance Sheet


Current Assets

Cash 1,440.9 941.6 986.3

Net Receivables 1,131.1 886.0 1,186.4

Inventories 176.0 166.5 180.0

Other Current Assets 1,720.1 1,163.7 871.7

Total Current Assets 4,468.1 3,157.7 3,224.3

Net Fixed Assets 1,187.3 955.9 1,000.4

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Total Assets 7,327.7 5,569.8 5,640.3


Current Liabilities

Accounts Payable -- 345.4 328.8

Short-Term Debt 986.2 713.3 742.0

Other Current Liabilities 1,359.4 1,105.2 806.3

Total Current Liabilities 2,345.6 2,163.9 1,877.1

Long-Term Debt 402.2 375.6 383.1




Cash Flow Statement


Net Operating Cash Flow 1,133 706 618


Net Financing Cash Flow (13.3) 0.8 774.2

Net Change in Cash 368.3 176.1 675.6




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Tata Consultancy Services

Company Overview

Tata Consultancy Services Limited (TCS) is an Indian IT services, business solutions and outsourcing company headquartered in Mumbai, India. TCS is the largest provider of information technology in Asia and second largest provider of business process outsourcing services in India. TCS has offices in 47 countries with more than 142 branches across the globe. The company is listed on the National Stock Exchange and Bombay Stock Exchange of India.

TCS is one of the operative subsidiaries of one of India's largest and oldest conglomerate company, the Tata Group or Tata Sons Limited, which has interests in areas such as energy,

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telecommunications, financial services, manufacturing, chemicals, engineering, materials, government and healthcare.

Company Info


NSE: TCSIndustry IT services

IT consultingFounded 1968Founder(s) JRD TataHeadquarters Mumbai, Maharashtra, IndiaArea served WorldwideKey people Ratan Tata (Chairman)Services Outsourcing, BPO, Software serviceRevenue US$ 8.2 billion (2011)Operating income US$ 1.9 billion (2011)Profit US$ 6.084 billion (2010)Total assets US$ 7.498 billion (2010)Total equity US$ 4.181 billion (2010)Employees 200,000+ (April 2011)Website TCS.ComHeadquarters Air India Bldg., 11th Fl.,

Nariman Point, Mumbai.Phone Number 91-22-6750-9999

History & Facts

It began as the "Tata Computer Centre", for the company Tata Group whose main business was to provide computer services to other group companies. F C Kohli was the first general manager. J. R. D. Tata was the first chairman, followed by pankaj roy.

One of TCS' first assignments was to provide punched card services to a sister concern, Tata Steel (then TISCO). It later bagged the country's first software project, the Inter-Branch Reconciliation System (IBRS) for the Central Bank of India.It also provided bureau services to Unit Trust of India, thus becoming one of the first companies to offer BPO services.

In the early 1970s, Tata Consultancy Services started exporting its services. The company pioneered the global delivery model for IT services with its first offshore client in 1974. TCS's first international order came from Burroughs, one of the first business computer manufacturers. TCS was assigned to write code for the Burroughs machines for several US-based clients.[7]

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This experience also helped TCS bag its first onsite project - the Institutional Group & Information Company (IGIC), a data centre for ten banks, which catered to two million customers in the US, assigned TCS the task of maintaining and upgrading its computer systems.

In 1981, TCS set up India's first software research and development centre, the Tata Research Development and Design Center (TRDDC) in Pune.The first client-dedicated offshore development center was set up for Compaq (then Tandem) in 1985.

In 1979, TCS delivered an electronic depository and trading system called SECOM for SIS SegaInterSettle, Switzerland. It was by far the most complex project undertaken by an Indian IT company. TCS followed this up with System X for the Canadian Depository System and also automated the Johannesburg Stock Exchange (JSE).TCS associated with a Swiss partner, TKS Teknosoft, which it later acquired.

In the early 1990s, the Indian IT outsourcing industry grew tremendously due to the Y2K bug and the launch of a unified European currency, Euro. TCS pioneered the factory model for Y2K conversion and developed software tools which automated the conversion process and enabled third-party developers and clients to make use of it.

In 1999, TCS saw outsourcing opportunity in E-Commerce and related solutions and set up its E-Business division with ten people. By 2004, E-Business was contributing half a billion dollars (US) to TCS.

On 9 August 2004, TCS became a publicly listed company,much later than its rivals, Infosys, Wipro and Mahindra Satyam.

During 2005, TCS ventured into a new area for an Indian IT services company - Bioinformatics.

In 2008, the company went through an internal restructuring exercise that executives claim would bring about agility to the organization

In 2011, the company entered the Small and Medium Enterprises (SME) market with cloud-based offerings.

Awards

TCS awarded 2009 SAP Pinnacle Award TCS mKrishi wins Nasscom Social Innovation Honors 2010 TCS wins Golden Peacock Award 2010 TCS wins 2010 Global Most Admired Knowledge Enterprises (MAKE) Individual

Operating Unit Award.

Quality Framework: We are the world’s first organization to achieve an enterprise-wide Maturity Level 5 on CMMI® and P-CMM® based on SCAMPISM, the most rigorous assessment methodology.

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TCS Integrated Quality Management System (iQMS™) integrates processes, people and technology maturity through various established frameworks and practices, including IEEE, ISO 9001: 2000, CMMi, SW-CMM, P-CMM and Six-Sigma.

TCS Board of Directors

Non-Executive Board Members

Ratan N Tata (Chairman)

S Ramadorai(Vice Chairman)

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Laura M Cha (Director)

Clayton M Christensen (Director)

Aman Mehta (Director)

Dr. Ron Sommer(Director)

Venkatraman Thyagarajan (Director)

Dr. Vijay Kelkar(Director)

Ishaat Hussain(Director)

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Executive Board Members

N Chandrasekaran(Chief Executive Officer and Managing Director)

S Mahalingam (Chief Financial Officer and Executive Director )

Phiroz A Vandrevala (Executive Director and Head, Global Corporate Affairs)

Services

IT Services

For maximum flexibility, speed, and efficiency, a robust IT strategy is critical. TCS IT Services offering helps companies make the most of their IT investments – from providing system integration solutions, application development and management services, and testing solutions.

TCS delivers excellence and certainty across all of your enterprise’s IT needs. Learn more about the following areas:

Custom Application Development Application Management Migration & Re-engineering System Integration Testing Performance Engineering

IT Infrastructure Services

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Today’s business environment makes it imperative that the dynamic infrastructure requirements align with your business needs. TCS’ IT Infrastructure Services (IS) /Infrastructure Management Services (IMS) deliver end-to-end, effective and reliable solutions that can transform your business operations. With “optimal shoring,” TCS help you enhance business performance, improve margins, align technology with business priorities, reduce costs, improve service speed and flexibility, and achieve long-term success.

TCS offerings include the following:

IT Service Desk Data Center Management Services End-User Computing Services Application Management Services Converged Network Services Managed Security Services Enterprise System Management IT Service Management Transformation Solutions

Enterprise Solutions From managing supply chains, devising CRM strategies, and deploying content management solutions to integrating enterprise-wide functions, TCS helps you with comprehensive, efficient and robust solutions that meet your unique requirements.

TCS delivers comprehensive, efficient, and robust solutions tailored to your enterprise’s needs. Learn more about the following areas:

Supply Chain Management Master Data Management Customer Relationship Management RFID Call Management Oracle SAP Microsoft

Consulting

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Businesses today need to stay on their toes and respond to the rapidly changing market conditions with innovation and agility. Staying ahead of that change and achieving long-term success requires business transformation.

TCS Global Consulting delivers integrated, end-to-end IT solutions and services to help your business transform in the right way. TCS unparalleled technology expertise and deep industry knowledge to develop best-in-class, custom solutions that make your business more efficient, agile and responsive to customer needs and market demands.

Business Process Outsourcing As most organizations today value the merit of staying “lean and fit,” they are increasingly looking at outsourcing non-core operations. Adopting this approach allows them to focus on their core competencies and respond with agility to the ever-changing market and business needs.

At TCS BPO, strong understanding of industry-specific BPO services and cross-industry solutions to provide you with new business processes and innovative models that seamlessly align with your business requirements.

TCS study your business processes and identify how TCS can provide innovative solutions that will best fit your business needs and address the challenges you may face.

Boosting your bottom line through automation, productivity arbitrage and wage cost arbitrage

Leveraging TCS existing talent pool and industry experience to become part of your think tank

Building agility across your organization through strategic initiatives that adapt to accelerating market trends

Helping you reach out to clients through innovative go-to-market strategies. Reducing time-to-market by creating new go-to-market strategies .

Platform BPO Solutions TCS Platform BPO Solutions will you develop a competitive edge in the market. TCS take complete ownership of your organization’s non-core but critical activities, with an end-to-end utility solution bundling applications, infrastructure and BPO services into a single service framework. TCS manage and execute your processes on our fully-owned and managed platforms, while reducing your Total Cost of Ownership (TCO) and improving operational efficiencies. This enables you to free your resources and focus on the core activities that create differentiation.

In Platform-based BPO models, we undertake the management and execution of your non-core business processes on TCS technology platform.

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The key features of this business model include the following:

TCS technology platform, shared or dedicated, delivers standardized business process services to multiple clients like you

TCs own process, the underlying platform and applications, people and infrastructure in order to provide you with the services

The service delivery moves from being people-centric, as in the traditional lift-and-shift model, to being platform-centric

TCS “process-as-a-service” approach offers you usage-based flexible pricing models, which involve minimal upfront investment on your part

To shorten implementation times and leverage the best-in-class practices, our Platform-based approach incorporates configurable plug-in templates and shared synergies through a multi-client system architecture.

Softwares

TCS BaNCS

TCS BaNCS enables transformation in financial services through a superior and holistic suite of solutions for banks, capital market firms, insurance companies, and diversified financial institutions. Each solution in the TCS BaNCS family has been designed to run as a scalable and robust service, fully integrated with existing business models, enterprise infrastructures and

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technology architectures.With TCS collaborative and innovative approach, financial services organizations can gain the following:

A competitive advantage and provide differentiated solutions to their customers Increased operational efficiency and agility Certainty in delivery

TCS BaNCS is a globally recognized industry leader, with its solutions consistently ranked in top positions by industry experts.

Standard Chartered and TCS win Best Trading Back Office Project Award. Cathay United Bank and TCS win Best Core Banking Implementation Award for

Medium-sized Banks and Overall Best Core Banking Implementation Award. Leading Research Firm names TCS as a Leader in the Global Banking Platforms report

(2010). LCH Clearnet’s Synapse, powered by TCS BaNCS Market Infrastructure, was highly

commended at the Banking Technology Awards 2010 in the Best Transaction Banking Achievement category.

TCS BaNCS was highly commended as the Best Core Banking Product at the Banking Technology Readers’ Choice Awards 2010.

TCS is ranked fourth among global providers of financial technology. TCS BaNCS is named a Leader in Analyst Firm’s Magic Quadrant for International

Retail Core Banking Report 2010. TCS BaNCS scores top rankings in Celent’s ABCD analysis; the only global vendor to

top in multiple categories in the vendor profile for large banks.

TCS Technology ProductsSome business challenges exist across industries, particularly those relating to CRM, database integration, knowledge management and other processes that involve huge amounts of data. TCS’ technology products can help you achieve superior operational efficiency and optimize your time, cost and energy investments.

TCS Knowledge Products Exegenix® Intelligent Document Conversion Solutions® SupportCentral - Business Social Productivity Platform TCS Digital Certification Services - Public Key Infrastructure - PKI Suite TCS SmartTest Manager: An Integrated End-to-End Test Management Platform TCS Experience-based Knowledge Management - KM TCS Code Generator Framework TCS Data Cleansing Framework TCS Masketeer™ - Data Privacy Solutions TCS Certificate Validation Server

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TCS Call Management Solution

TCS Engineering Products TCS Direct Metal Deposition CAM TCS Stand Alone Post Processor TCS SmartBox - Next Generation Industrial Controller Development Framework TCS Sevak - Self Service Terminals TCS Rapid Sigma - Six Sigma Solution for Continuous Improvement TCS Teamcenter for Medical Devices TCS Enterprise Integration and Control Environment (Certified as "Powered by SAP

NetWeaver®.") TCS Teamcenter for Softlines, Hardlines and Footwear – Retail

Financial Stats

Income Statement


Revenue 6,669.4 5,331.7 5,729.6


Gross Profit 6,669.4 5,331.7 5,729.6


SG&A Expense -- -- --


Operating Income -- -- --

Operating Margin -- -- --



Income Before Taxes 1,841.1 1,179.0 1,465.0


Continuing Operations 1,575.3 1,018.1 1,267.9


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Total Operations 1,575.3 1,018.1 1,267.9

Total Net Income 1,575.3 1,018.1 1,267.9



Dividends per Share 0.24 0.03 --


Balance Sheet


Current Assets

Cash 1,048.0 517.2 306.6


Inventories 4.0 7.0 10.6

Other Current Assets 2,454.8 2,068.2 2,196.4



Other Noncurrent Assets 1,629.0 946.2 1,101.6

Total Assets 6,084.3 4,341.8 4,406.9


Current Liabilities



Other Current Liabilities 1,864.2 1,146.2 1,121.0

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Total Current Liabilities 1,864.3 1,146.4 1,122.0





Cash Flow Statement


Net Operating Cash Flow 1,645 1,026 979

Net Investing Cash Flow (1,202.3) (658.1) (656.2)

Net Financing Cash Flow (528.9) (317.4) (361.1)

Net Change in Cash (86.3) 50.9 (38.3)





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INFOSYS

Company Overview

Infosys Limited, formerly Infosys Technologies Limited,is a global technology services company headquartered in Bengaluru (Bangalore), India. Infosys is one of the largest IT companies in India with 130,820 employees (including subsidiaries) as of March 2011.It has offices in 33 countries and development centres in India, China, Australia, UK, Canada and Japan.The company offers software products for the banking industry and business process management services also provides end-to-end business solutions.

Infosys defines, designs and delivers technology-enabled business solutions for Global 2000 companies. Infosys also provides a complete range of services by leveraging our domain and business expertise and strategic alliances with leading technology providers.

Company Info


NSE: INFOSYSTCHNSE: INFOSYSTCH

Industry IT servicesIT consulting

Founded 1981Founder(s) N R Narayana Murthy, Kris Gopalakrishnan

Nandan Nilekani, N. S. RaghavanS. D. Shibulal, K Dinesh, Ashok Arora

Headquarters Bangalore, Karnataka, IndiaArea served WorldwideKey people N R Narayana MurthyProducts Finacle

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Services Information technology, BPO, consulting servicesRevenue US$ 6.041 billion (2011)Operating income US$ 1.779 billion (2011)Profit US$ 1.499 billion (2011)Total assets US$ 7.010 billion (2011)Total equity US$ 6.122 billion (2011)Employees 130,820 (March 2011)Website Infosys.com

History

Infosys was founded on 2 July 1981 by seven entrepreneurs, N. R. Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S. D. Shibulal, K Dinesh, Ashok Arora, and with N. S. Raghavan officially being the first employee of the company. The founders started the company with an initial investment of INR 10,000.The company was incorporated as "Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office.

Awards

2011 Infosys wins Platinum Award in The Asset Corporate 2010 Awards Forrester names Infosys a Leader in IT Infrastructure Outsourcing Infosys is India's best company for corporate governance: Asiamoney poll Infosys is India's most respected company: Businessworld Infosys, the most preferred company to work for in India: Business Today survey

2010 Infosys wins the RMMY 'Best in Show' award for the third year in a row Infosys Among Top 20 Global Companies to Win the Most Admired Knowledge

Enterprises (MAKE) Award 2010 Infosys, the most admired Indian company: The Wall Street Journal Asia 200 survey Infosys is ranked among the top ten value-creating technology and telecommunications

companies by The Boston Consulting Group Telstra and Infosys won Best ITSM (IT Service Management) Project of the Year, the top

industry award bestowed by itSMF Australia, the peak body for ITSM in Australia Infosys BPO was recognized for outsourced services delivery at the Shared Services &

Outsourcing Network (SSON) 2010 North American and Australasian Shared Services Excellence Awards.

Infosys was voted the best company in management, corporate governance, investor relations, and corporate social responsibility (India) in a FinanceAsia magazine survey

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Infosys ranked second in The International Association of Outsourcing Professionals 'Global Outsourcing 100'

Infosys BPO wins the "Most Dynamically Developing BPO Center in Poland" award from Forbes Magazine

Infosys ranked among 'Best Companies for Leaders' Infosys ranked among the best in investor relations in APAC region Infosys wins award for the 'Best investor relations by an APAC company in the US

market' Infosys BPO wins "BPO Organization of the Year" and "Fun at Work" awards from Stars

of the Industry Opens in a new window Infosys has been voted in The Asset Triple A Corporate Awards - Gold Award for

Investor Relations in Technology in USA Infosys, the most sought-after company in India: Business Today Survey Infosys wins American Society for Training & Development (ASTD) award for

excellence in inclusivity

2009 Infosys wins RMMY award for client management of large outsourcing relationships Independent Research Firm Names Infosys as a Leader Among Oracle Service Providers Infosys among Asia's Most Admired Knowledge Enterprises Infosys Honored with Oracle Titan Partner Award at Oracle® OpenWorld 2009 Infosys’ Siebel Business Process Testing Solution Named "Partner Solution Offering of

the Year" at HP Software Universe 2009 Infosys Named as a Top Supplier for Sears Holdings Corporation Independent Research Firm Names Infosys as a Leader in SAP Implementation Infosys BPO Bags Excellence Award for Diversity Hiring Initiatives Infosys BPO Receives e-SCM-SP Capability Level 5 Certificate from Carnegie Mellon

University's ITSqc Infosys Cited as a Leader in North American SOA Systems Integration Services Market

by Independent Research Firm Infosys BPO receives "positive" rating in leading analyst firm's Comprehensive Finance

and Accounting Business Process Outsourcing MarketScope report Infosys listed on Forbes' Asian Fabulous 50 for the fourth consecutive year Infosys ranked among the greenest brands in India Infosys in 'India's Best Companies to Work For' : Survey by Great Place to Work®

Institute Infosys in Fortune's 100 fastest-growing companies Infosys, the most admired Indian company: Wall Street Journal survey Infosys, the Best Outsourcing Partner: Waters Rankings 2009 Infosys has received the highest rating on corporate governance by ICRA

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Infosys was ranked among the top 50 most respected companies Opens in new window in the world by Reputation Institute's Global Reputation Pulse 2009

Infosys listed among best companies for leaders by Hay Group and Chief Executive Magazine

Infosys received the distinction of having one of the 'Best Ranked Online Annual Reports in Greater China & Asia/Pacific' at IR Global Rankings 2009

Management Team

Infosys Members of the Board

Srinath BatniDirector and Head, Delivery Excellence

K. Dinesh Director and Head, Communication Design Group, Information Systems and Quality and Productivity

S. GopalakrishnanChief Executive Officer and Managing Director

T. V. Mohandas PaiMember of the Board of Directors, and Head – Administration, Education and Research, Finacle, Human Resources, and Infosys Leadership Institute

N. R. Narayana MurthyChairman of the Board and Chief Mentor

S. D. ShibulalChief Operating Officer and Member of the Board

Independent Directors

David L. BoylesIndependent Director

Dr. Omkar GoswamiIndependent Director

Sridar IyengarIndependent Director

Ravi VenkatesanIndependent Director

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Dr. Marti G. SubrahmanyamLead Independent Director

R SeshasayeeIndependent Director

Services

Custom Application Development

The Company provides customized software solutions for its clients. Infosys creates new applications and enhances the functionality of its clients' existing software applications. The Company's projects vary in size and duration.

The Company's application development services span the entire range of mainframe, client server and Internet technologies. An increasing proportion of Infosys' applications development engagements are related to emerging platforms, such as Microsoft's .NET or open platforms, such as Java 2 Enterprise Edition (J2EE) and Linux

Maintenance and Production SupportInfosys provides maintenance services for its clients' large software systems that cover a range of technologies and businesses, and are typically critical to a client's business. The Company focuses on long-term functionality, stability and preventive maintenance to avoid problems that typically arise from incomplete or short-term solutions. While Infosys performs most of the maintenance work at its global development centers using secure and redundant communication links to its client's systems, it also maintain a team at the client's facility to coordinate certain key interface and support functions

Software Re-engineeringThe Company's software re-engineering services assist its clients in converting their existing IT systems to newer technologies and platforms developed by third-party vendors. Infosys' re-engineering services include Web-enabling its clients' existing legacy systems, database migration, implementing product upgrades, and platform migrations, such as mainframe to client-server and client-server to Internet platforms.

Package Evaluation and Implementation

Infosys assists its clients in the evaluation and implementation of software packages developed by third-party vendors. It also provides training and support services in the course of their implementation.

The Company specializes in enterprise resource planning packages developed by vendors, including Oracle, PeopleSoft, Retek and SAP; supply chain management packages developed

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by vendors, including i2, Manugistics and Oracle; customer relationship management packages developed by vendors, including PeopleSoft (Vantive) and Siebel; business intelligence packages developed by vendors, such as Business Objects and Cognos, and enterprise application integration packages developed by vendors, such as IBM and TIBCO.

Information Technology Consulting

The Company's IT consulting professionals assist its clients by providing technical advice in developing and recommending appropriate IT architecture, hardware and software specifications to deliver IT solutions designed to meet specific business and computing objectives.

Infosys offers IT consulting in the areas of migration planning, institution-wide implementation and overall project management involving multiple vendors under a common architecture; IT infrastructure assessment, which includes assessing its clients' IT capabilities against existing and future business requirements and recommending appropriate technology infrastructure, and technology roadmap development, which allows clients to evaluate emerging technologies and develop the standards and methodologies for applying those emerging technologies.

Other Solutions

Infosys' service offerings including testing services, engineering services, business process management, systems integration, infrastructure management, and operational and business process consulting. The Company offers end-to-end validation solutions and services, including enterprise test management, performance benchmarking, test automation and product certification.

For each particular client, Infosys focuses on developing a framework for ongoing testing in order to seek continuous improvement in the predictability of its client's internal systems. The Company's service professionals are trained in test management tools from developers, such as Mercury Interactive, IBM-Rational and Segue.

Finacle

Finacle®, the universal banking solution from Infosys, helps banksby enabling them to shift

their strategic and operational priorities. It maximizes their opportunities for growth,while

minimizing the risks that come with large-scale business transformation

Finacle® currently powers 91 banks across 54 countries, helpingthem serve over 100 million

customers, 150 million accounts, 80,000users and supporting over 36 million peak banking

transactions per day spread across multiple installations.

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Key industries

Infosys serves various industries through its vertical business units, such as:

Aerospace and Automobile (AnA)

Banking & Capital Markets (BCM)

Communication Service Providers (CSP)

Resources, Energy & Utilities (REU)

Hi Tech & Discrete Manufacturing (HTDM)

Insurance, Healthcare & Life Sciences (IHL)

Media and Entertainment

Product Lifecycle and Engineering Solutions (PLES)

Retail, Distribution & CPG (RETL)

Transportation & Services (TnS)

Independent Validation Solutions (IVS) - provides software testing services.

IT Infrastructure Management Services (IMS) - manages core networks, data centers and

servers of clients.

Real Estate

Life science

Key Competitors

Offshore Technology services firms such as Cognizant Technologies, Satyam Computer

Services, Tata Consultancy Services and Wipro

Consulting firms as Accenture , Cap Gemini

IT Outsourcing firms such as EDS ,CSC.

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Financials StatsBalance Sheet All Figures in Rs. Cr.

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10Sources Of FundsTotal Share Capital 138.00 286.00 286.00 286.00 287.00Equity Share Capital 138.00 286.00 286.00 286.00 287.00Share Application Money

0 0 0 0 0

Preference Share Capital 0 0 0 0 0Reserves 6,759.00 13,204.00 13,204.00 17,523.00 21,749.00Revaluation Reserves 0 0 0 0 0Networth 6,897.00 11,162.00 13,490.00 17,809.00 22,036.00Secured Loans 0 0 0 0 0Unsecured Loans 0 0 0 0 0Total Debt 0 0 0 0 0Total Liabilities 6,897.00 11,162.00 13,490.00 17,809.00 22,036.00

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10Application Of FundsGross Block 2,837.00 3,889.00 4,508.00 5,986.00 6,357.00Less: Accum. Depreciation

1,275.00 1,739.00 1,837.00 2,187.00 2,578.00

Net Block 1,562.00 2,150.00 2,671.00 3,799.00 3,779.00Capital Work in Progress

571.00 957.00 1,260.00 615.00 409.00

Investments 876.00 839.00 964.00 1,005.00 4,636.00Inventories 0 0 0 0 0Sundry Debtors 1,518.00 2,292.00 3,093.00 3,390.00 3,244.00Cash and Bank Balance 544.00 680.00 657.00 805.00 929.00Total Current Assets 2,062.00 2,972.00 3,750.00 4,195.00 4,173.00Loans and Advances 1,308.00 1,241.00 2,804.00 3,303.00 4,201.00Fixed Deposits 2,735.00 4,827.00 5,772.00 8,234.00 8,868.00Total CA, Loans & Advances

6,105.00 9,040.00 12,326.00 15,732.00 17,242.00

Deffered Credit 0 0 0 0 0Current Liabilities 808.00 1,162.00 1,483.00 1,544.00 1,995.00Provisions 1,409.00 662.00 2,248.00 1,798.00 2,035.00Total CL & Provisions 2,217.00 1,824.00 3,731.00 3,342.00 4,030.00Net Current Assets 3,888.00 7,216.00 8,595.00 12,390.00 13,212.00Miscellaneous Expenses 0 0 0 0 0

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Total Assets 6,897.00 11,162.00 13,490.00 17,809.00 22,036.00Contingent Liabilities 523.00 670.00 603.00 347.00 295.00Book Value (Rs) 250.29 195.41 235.84 310.90 384.02

Proft & Loss

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10IncomeSales Turnover 9,028.00 13,149.00 15,648.00 20,264.00 21,140.00Excise Duty 0 0 0 0 0Net Sales 9,028.00 13,149.00 15,648.00 20,264.00 21,140.00Other Income 144.00 379.00 683.00 502.00 967.00Stock Adjustments 0 0 0 0 0Total Income 9,172.00 13,528.00 16,331.00 20,766.00 22,107.00ExpenditureRaw Materials 16.00 22.00 18.00 20.00 22.00Power & Fuel Cost 62.00 88.00 106.00 125.00 122.00Employee Cost 4,274.00 6,316.00 7,771.00 9,975.00 10,356.00Other Manufacturing Expenses 792.00 1,290.00 1,443.00 1,697.00 1,993.00Selling and Admin Expenses 773.49 1,050.53 1,214.00 1,367.00 992.00Miscellaneous Expenses 120.51 156.47 132.00 172.00 293.00Preoperative Exp Capitalised 0 0 0 0 0Total Expenses 6,038.00 8,923.00 10,684.00 13,356.00 13,778.00Operating Profit 2,990.00 4,226.00 4,964.00 6,908.00 7,362.00PBDIT 3,134.00 4,605.00 5,647.00 7,410.00 8,329.00Interest 1.00 1.00 1.00 2.00 2.00PBDT 3,133.00 4,604.00 5,646.00 7,408.00 8,327.00Depreciation 409.00 469.00 546.00 694.00 807.00Other Written Off 0 0 0 0 0Profit Before Tax 2,724.00 4,135.00 5,100.00 6,714.00 7,520.00Extra-ordinary items 0 -5.00 0 -1.00 0PBT (Post Extra-ord Items) 2,724.00 4,130.00 5,100.00 6,713.00 7,520.00Tax 303.00 352.00 630.00 895.00 1,717.00Reported Net Profit 2,421.00 3,783.00 4,470.00 5,819.00 5,803.00Total Value Addition 6,022.00 8,901.00 10,666.00 13,336.00 13,756.00Preference Dividend 0 0 0 0 0Equity Dividend 1,238.00 649.00 1,902.00 1,345.00 1,434.00Corporate Dividend Tax 174.00 102.00 323.00 228.00 240.00Per share data (annualised)Shares in issue (lakhs) 2,755.55 5,712.10 5,719.96 5,728.30 5,738.25Earning Per Share (Rs) 87.86 66.23 78.15 101.58 101.13Equity Dividend (%) 900.00 230.00 665.00 470.00 500.00Book Value (Rs) 250.29 195.41 235.84 310.90 384.02

All Figures are in Rs. Cr.

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Cash Flows

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10Net Profit Before Tax 2724.00 4129.00 5100.00 6714.00 7472.00Net Cash From Operating Activities

2237.00 3256.00 3816.00 5152.00 5876.00

Net Cash (used in)/from -392.00 -1065.00 -978.00 -195.00 -3314.00Investing Activities 244.00 -316.00 -777.00 -2430.00 -1486.00Net Cash (used in)/from Financing Activities

244.00 -316.00 -777.00 -2430.00 -1486.00


2096.00 1871.00 2079.00 2600.00 1008.00

Opening Cash & Cash Equivalents

1683.00 3779.00 5610.00 7689.00 10289.00

Closing Cash & Cash Equivalents

3779.00 5650.00 7689.00 10289.00 11297.00

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HCL Technologies

Company Overview

HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on ‘transformational outsourcing’, underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 26 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare. HCL takes pride in its philosophy of ‘Employees First, Customer Second’ which empowers our 73,420 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 3.3 billion (Rs. 15,160 crores), as on 31 March 2011 (on LTM basis).

Company Info

Type Public

Traded as BSE: 532281NSE: HCLTECH

Industry IT servicesFounded November 12, 1991

Founder(s) Shiv NadarHeadquarters Noida, UP, IndiaArea served WorldwideKey people Shiv Nadar (Chairman & CSO)

Vineet Nayar (VC & CEO)Revenue US$ 3.3 billion (2011)Employees 73,420 (2011)Parent HCL

Website www.hcltech.com

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History

HCL Technologies is one of the two businesses – both of them separately listed in India – falling under the corporate umbrella of, with combined annual 2010 revenues of US$ 5.7 billion. HCL Enterprise is founded in 1976 and is one of India's original IT garage start ups.

HCL Technologies is a relatively young company, formed in 1991 when HCL's R&D business was spun off to focus on the growing IT services industry. During last 15 years, HCL has expaned its service portfolio in IT applications (custom applications for industry solutions and package implementation), IT infrastructure management, and business process outsourcing, while maintaining and extending its leadership in product engineering.

Awards

2007 - HCL won the Infrastructure partner award (Oracle PartnerNetwork India Awards) 2005 - HCL Won the Award for Outstanding Contribution to Oracle Projects North

American Manufacturing Competency Center

Management Team

Leadership Team

VINEET NAYARVice Chairman & CEO, HCL Technologies Ltd

ANIL CHANANAChief Financial Officer, HCL Technologies Ltd

ANANT GUPTAPresident, HCL Technologies Infrastructure Services Division

RAHUL SINGHPresident, BPO Business Services, HCL Technologies Ltd

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Board of Directors

SHIV NADARFounder - HCLChairman & Chief Strategy Officer - HCL Technologies

VINEET NAYARVice Chairman & CEO, HCL Technologies Ltd

AJAI CHOWDHRYFounder - HCLChairman & CEO - HCL Infosystems

T S R SUBRAMANIANDirector

ROBIN ABRAMSDirector

SUBROTO BHATTACHARYADirector

AMAL GANGULIDirector

PROBIR CHANDRA SENDirector

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Services

Thinking IT' Framework

Economic turbulence has forced CIOs & CTOs across the world to redefine their priorities & business objectives. Some of them include deriving maximum value from the existing IT investments, moving beyond incident management and leveraging technology to create new products & business models. At HCL 'Thinking-IT' framework addresses four objectives:

1. IT Transformation - Re-engineering business processes or service architectures2. Technology Transformation - disruptive innovation by radically changing the way

products and services are developed and delivered3. Operations Transformation - by significantly increasing the value derived from current IT

investments and by enabling a real time and integrated transaction monitoring - resulting in high performance through a new form of operating various business elements

4. Business Transformation - through high focus on domain trends, needs and solutions

Engineering and R&D Services (ERS)

ERS is a major focus area for HCL since its inception in 1997. This group offers engineering services and solutions in hardware, embedded, mechanical and software product engineering across industries like Aerospace & Defense, Automotive, Consumer Electronics, Industrial Manufacturing, Medical Devices, Networking & Telecom, Office Automation, Semiconductor, Servers & Storage and Software Products.

Enterprise Transformation Services (ETS)

This is in a way is the consulting arm of HCL Technologies with a motto of "Advise to Execute". The portfolio consists of Process Transformation Services, Data Management Services, Integration Services, Architecture Services, Disruptive Technology Services (Including Cloud related services) and IT Strategy, and Change Management services.

Web Technology

HCL started its Web Technology services in 1999 and developed its first multi tier Web site designing and development win, and Enterprise Portal design and development win in 2000. Today, it provides SOA based solution offering and end-to-end solution in Web technologies and consulting.

HCL has been pioneering the thought leadership on Web2.0 since its humble beginnings, since blogs. Today, HCL offer FIRST2.0® - a suite of end-to-end engineering services to any software product or service company, which wants to harness the true power of the Web 2.0.

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Business Processing Outsourcing (BPO)

This division of HCL Technologies focuses on ‘Transformational BPO’ constituting Full Process and Multiple Process outsourcing. The Unit runs 25 delivery centers across India, UK and USA and offers 24x7 multi-channel, multi-lingual support in eight European and eight APAC languages.

SaaS - Software as a Service

HCL’s SaaS practice brings together SaaS Consulting & Enablement, Software Product Engineering, Managed Services, Hosting and Infrastructure Management expertise, along with HCL’s proprietary Service Delivery Platform ‘Agora’, HCL help you craft a complete SaaS enablement and delivery solution and make On-Demand services model adoption seamless.

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Enterprise Content Management (ECM)

HCL’s content management solution focuses on mapping the Customer Organizations’ business objectives with the content management strategy. This is to ensure the relevance of a long-term perspective for content management and to take our customers up the leadership curve. HCL believe in having a complete enterprise vision and strategy for Enterprise Content Management technologies across the information lifecycle. Their Strategy is driven by a utility computing approach and focus on creating a unified access layer for unstructured and structured data.

The ECMP is focused on providing new age e-Business solutions where content drives the business process across the enterprise. With strength of over 1200+ consultants, ECMP offers turnkey solutions to Banking, Insurance, Government, Media & Entertainment, Manufacturing, BPO, EPC, Pharmaceutical and other verticals.

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Custom Application Services

This is a domain-driven service line of HCL providing development, support & maintenance of customized IT Applications to various industries.

IT Infrastructure Management

HCL’s IMS group is the fastest growing business line and has won many accolades for its unique service offerings. The services include End User Computing Services, Data Center Services, Cross Functional Services, Enterprise Network Services, Security Services, Integrated Operation Management, and Mainframe & AS400 Services.

Enterprise Application Services (EAS)

This groups provides package implementation services in SAP, Oracle and Microsoft in areas like in ERP, SCM, CRM, HCM, EPM, BI and Middleware. In 2008, HCL has acquired Axon Group plc, a pure SAP player. The new company is known as HCL-AXON.

IT Transformation

Our IT transformation services help our customers to change their Mainframe application environment by offering Application Migration and Application Modernization services:

1. Application Migration

HCL Mainframe migration services provide faster, tool enabled and back-to-back services in Database, Language, Platform, and Data migration.

Database Migrations - Pre-relational to relational databases Language Migrations - 3GL to 4GL and vice versa Platform Migrations - Into and out of Mainframes, Re-hosting Data Migration

2. Application Modernization

HCL Application Modernization practice emphasizes on providing phased Modernization services to our customers with minimal business disruption.

Enabling a Service Oriented Enterprise - Web services, SOA Web enabling Web based workflow Enterprise Application Integration, Environment upgrades

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Software Engineering

HCL’s Software Engineering services provide end-to-end and integrated services to ISVs and help them expand their market footprints, sustain and attain domain leadership and utilize global partnerships for increasing profitability and revenues.

HCL’s Software Product services takes vigor from the huge Engineering and R&D investments and our three decade long engineering excellence combined with proven expertise in Enterprise Application Services, HCL benefits and leverages from its long experience with more than 80 independent software vendors (ISV) as its clients including:

7 out of top 10 ISVs 3 out of the top 5 Enterprise ISVs Top 3 Infrastructure ISVs 3 out of top 5 Internet based companies

Acquisitions and joint venturesThe company acquired Capitalstream, a US BFSI product company for US$40 million in February 2008.[2] Capitalstream's FinanceCenter product is an addition to HCL's current product addressing the BFSI market - Penstock, the product that HCL launched in 2007.[3]

On 15 December 2008, HCLT acquired the UK based AXON Group for US$658 million, which was renamed HCL Axon.

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Financial Stats

Balance Sheet All figures in Rs. Cr.

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10Sources Of FundsTotal Share Capital 64.69 132.74 133.27 134.05 135.76Equity Share Capital 64.69 132.74 133.27 134.05 135.76Share Application Money

1.33 0 1.71 0.47 2.01

Preference Share Capital 0 0 0 0 0Reserves 2,511.18 3,292.28 3,079.85 3,353.72 4,798.09Revaluation Reserves 0 0 0 0 0Networth 2,577.20 3,425.02 3,214.83 3,488.24 4,935.86Secured Loans 13.17 40.77 25.24 123.81 1,030.51Unsecured Loans 0.21 0.12 0.09 389.92 366.88Total Debt 13.38 40.89 25.33 513.73 1,397.39Total Liabilities 2,590.58 3,465.91 3,240.16 4,001.97 6,333.25

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10Application Of FundsGross Block 1,014.08 3,889.00 1,599.61 1,957.86 2,293.37Less: Accum. Depreciation

488.40 662.58 662.58 2,187.00 1,349.54

Net Block 525.68 670.09 725.29 856.98 943.83Capital Work in Progress

163.63 212.86 419.03 615.00 477.20

Investments 1,907.76 1,988.86 1,797.34 562.75 2,233.20Inventories 0 0 0 0 0Sundry Debtors 645.98 712.48 980.02 1,489.26 2,084.70Cash and Bank Balance 104.51 105.93 162.87 144.00 64.83Total Current Assets 750.49 818.41 1,142.89 1,720.27 2,161.57Loans and Advances 376.41 934.44 1,183.99 1,817.97 1,750.46Fixed Deposits 1.71 275.01 524.01 1,221.83 924.60Total CA, Loans & Advances

1,128.61 2,027.86 2,850.89 4,760.07 4,836.63

Deffered Credit 0 0 0 0 0Current Liabilities 935.02 1,003.02 1,828.85 2,217.44 1,724.01Provisions 200.08 430.74 723.54 377.95 433.60Total CL & Provisions 1,135.10 1,433.76 2,552.39 2,595.39 2,157.61Net Current Assets -6.49 594.10 298.50 2,164.68 2,679.02Miscellaneous Expenses 0 0 0 0 0Total Assets 2,590.58 3,465.91 3,240.16 4,001.97 6,333.25

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Contingent Liabilities 331.01 418.65 469.36 3,317.46 2,505.21Book Value (Rs) 79.64 51.61 48.22 52.04 72.69

P&L A/c All Figures are in Rs. Cr.

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10IncomeSales Turnover 3,032.92 3,768.62 4,615.39 4,675.09 5,078.76Excise Duty 0 0 0 0 0Net Sales 3,032.92 3,768.62 4,615.39 4,675.09 5,078.76Other Income 0.68 439.42 -108.91 91.49 114.56Stock Adjustments 0 0 0 0 -82.52Total Income 3,033.60 4,208.04 4,506.48 4,766.58 5,110.80ExpenditureRaw Materials 0 0 0 0 2.95Power & Fuel Cost 0 0 0 100.28 86.93Employee Cost 1,123.51 1,322.59 1,621.35 1,874.10 2,137.82Other Manufacturing Expenses 476.97 577.24 746.92 492.39 434.77Selling and Admin Expenses 412.73 617.20 639.05 637.66 724.41Miscellaneous Expenses 209.95 314.51 381.11 180.99 195.71Preoperative Exp Capitalised 0 0 0 0 0Total Expenses 2,223.16 2,831.54 3,388.43 3,285.42 3,582.59Operating Profit 809.76 937.08 1,226.96 1,389.67 1,413.65PBDIT 810.44 1,376.50 1,118.05 1,481.16 1,528.21Interest 17.81 20.60 24.93 35.35 101.36PBDT 792.63 1,355.90 1,093.12 1,445.81 1,426.85Depreciation 138.80 178.21 217.87 251.89 274.03Other Written Off 0 0 0 0 0Profit Before Tax 653.83 1,177.69 875.25 1,193.92 1,152.82Extra-ordinary items 0 0 0 0 3.43PBT (Post Extra-ord Items) 653.83 1,177.69 875.25 1,193.92 1,156.25Tax 15.45 75.87 94.60 196.61 100.01Reported Net Profit 638.38 1,101.82 780.65 997.31 1,056.58Total Value Addition 2,223.16 2,831.54 3,388.43 3,285.42 3,579.64Preference Dividend 0 0 0 0 0Equity Dividend 516.10 598.58 598.58 469.61 270.20Corporate Dividend Tax 72.38 81.60 101.72 79.73 45.40Per share data (annualised)Shares in issue (lakhs) 3,234.42 6,636.83 6,663.40 6,702.57 6,787.84Earning Per Share (Rs) 19.74 16.60 11.72 14.88 15.57Equity Dividend (%) 800.00 400.00 450.00 350.00 200.00Book Value (Rs) 79.64 51.61 48.22 52.04 72.69

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Cash Flow All Figures are in Rs. Cr.

Mar '06 Mar '07 Mar '08 Mar '09 Mar '10Net Profit Before Tax 2724.00 4129.00 5100.00 6714.00 7472.00Net Cash From Operating Activities

2237.00 3256.00 3816.00 5152.00 5876.00

Net Cash (used in)/from -392.00 -1065.00 -978.00 -195.00 -3314.00Investing Activities 244.00 -316.00 -777.00 -2430.00 -1486.00Net Cash (used in)/from Financing Activities

244.00 -316.00 -777.00 -2430.00 -1486.00


2096.00 1871.00 2079.00 2600.00 1008.00

Opening Cash & Cash Equivalents

1683.00 3779.00 5610.00 7689.00 10289.00

Closing Cash & Cash Equivalents

3779.00 5650.00 7689.00 10289.00 11297.00

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Cognizant Technology Solutions

Company Overview

Cognizant is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world’s leading companies build stronger businesses .Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and approximately 104,000 employees as of December 31, 2010, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 1000 and is ranked among the top performing and fastest growing companies in the world.

Company Info

Type PublicTraded as NASDAQ: CTSHIndustry IT services

IT consultingFounded 1994Founder(s) Kumar MahadevaHeadquarters Teaneck, New Jersey, United StatesArea served WorldwideKey people John E. Klein

(Chairman)Francisco D'Souza (President & CEO)Lakshmi Narayanan(Vice Chairman)

Revenue $4.59 billion (2010)Profit $733.6 million (2010)Total assets $4.583 billion (2010)Total equity $3.58 billion (2010)Employees 104,000 (2010)Website Cognizant.com

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History

Cognizant was founded in 1994 as an IT development and maintenance services arm of The Dun & Bradstreet Corporation with Kumar Mahadeva as its Chairman and CEO.The company was spun off as an independent organization two years later. Kumar Mahadeva resigned in 2003 when Lakshmi Narayanan took charge as CEO.Cognizant was one of the first IT services companies to organize around key industry verticals as well as technology horizontals. It currently provides a wide range of business, technology and consulting services including business process outsourcing (BPO) and has significant practices in Banking and Financial services, Communications, Consumer Goods, Energy & Utilities, Health care, Information, Media & Entertainment, Insurance, Life Sciences, Manufacturing, Retail, Technology, Transportation & Logistics and Travel and Hospitality.

Awards and Recognition

Institutional Investor All-America Executive Team (January 2011) Fortune’s 100 Supercharged Performers and All-Star List (September 2010) EquaTerra's Performance and Client Satisfaction Rankings in Europe: First place (August

2010) Bloomberg BusinessWeek 50 Top Performing Companies (June 2010) Forbes Fast Tech 25 (April 2010) Fortune’s World’s Most Admired Companies (March 2010)

Management Executive Team

Lakshmi NarayananVice Chairman

Francisco D’Souza President and Chief Executive Officer

Gordon Coburn Chief Financial & Operating Officer

Chandra Sekaran President & Managing Director, Global Delivery

Rajeev Mehta Chief Operating Officer, Global Client Services

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Board of Directors

John E. KleinChairman of the Board, Cognizant and Presidentand Chief Executive Officer, Polarex, Inc.

Lakshmi NarayananVice Chairman, Cognizant

Robert W. HoweChairman, ADS Financial Services Solutions

Robert E. WeissmanChairman, Shelburne Investments

Thomas M. WendelFormer Chief Executive Officer, Bridge Information Systems

Francisco D’SouzaPresident and CEO, Cognizant

John FoxFormer Vice Chairman, Deloitte & Touche

Maureen Breakiron-EvansFormer Chief Financial Officer, Towers Perrin

Services Offered

Consulting and Technology Services IT Consulting - Cognizant Business Consulting, focuses on helping clients derive greater

value at the intersection of their business initiatives and IT requirements. Cognizant consulting offerings are based on rigorous and proven methodologies and scientifically driven frameworks. In the areas of business processes, technologies and offshoring, they analyze the existing environment, identify opportunities for optimization and provide a robust roadmap for significant cost savings and productivity improvement. The broad areas of coverage include: offshoring strategy, IT strategy, technology rationalization, business process rationalization, change management and IT solution strategy.

Program Management Consulting - Cognizant provide a broad range of project delivery services, including post-acquisition integration, business and IT integration,business ransformation, product/service launch and organization relocation services.

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Application Design, Development, Integration and Re-engineering - Cognizant define customer requirements, write specifications and design, develop, test and integrate software across multiple platforms including Internet technologies. They modify and test applications to enable systems to function in new operating environments. In addition, these services include Data Warehousing / Business Intelligence, ERP and CRM implementation services.

Software Testing - Cognizant Software Testing service offering has experienced significant growth in the past several years. Through this practice, we provide an independent verification and validation service focused exclusively on supporting the software testing needs of their clients. Cognizant testing service has four key offerings: 1) Independent Functional Testing; 2) Test Automation; 3) Test Process Consulting; and 4) Performance Testing.

Outsourcing Services Application Maintenance - Cognizant Application Maintenance Service offering

supports some or all of a customer’s applications ensuring that systems remain operational and responsive to changing user requirements and provide on-going enhancements as required by the customer. They provide services to help ensure that a customer’s core operational systems are free of defects and responsive to the customer’s changing needs. As part of this process, they are often able to introduce product and process enhancements and improve service levels to customers requesting modifications and on-going support.

IT Infrastructure Services - Cognizant provide IT Infrastructure Management Outsourcing services and anticipate growing demand for these services in the coming years. They provide service capability in redundant Network Operating Centers, or NOCs, in North America and India through which we are able to provide significant scale, quality and cost savings to our clients in IT Infrastructure Services. Cognizant focus on a number of key areas of infrastructure management such as: Networks, Servers, Middleware, Security, Vendors, Storage, Messaging, Databases, and Desktops.

Business and Knowledge Process Outsourcing, or BPO and KPO - Cognizant provide BPO and KPO services to clients across industries of their specialization. Cognizant primarily focused on value-added processes that are specific to clients in key industry segments (particularly in Financial Services, Healthcare and Manufacturing / Retail / Logistics and Communications).Cognizant BPO/KPO practice focuses on core back office services covering: Transaction Processing, Accounting Operations, Voice Processes, Data Administration, Data Management and Data Analytics.

IT Infrastructure Services

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Managed Services - Cognizant flexibility, operations maturity and modular solutions can reduce administrative overhead, free your talent to focus on strategic opportunities, and deliver consistent and measurable infrastructure improvements. Cognizant next-generation Remote Infrastructure Management 2.0 service features automated OnTarget™ platform. Covering all phases of service delivery, it makes every aspect of your global infrastructure transparent to you and your team.

Integrated Solutions - Cognizant Integrated Solutions group solves business challenges with end-to-end managed solutions that encompass entire IT infrastructure from, hardware and software, to operating systems and applications, to processes and people. By gaining full visibility into every aspect of your applications, network architecture and security, you can address problem and incident management. Work with cognizant virtual teams worldwide, and gain efficient, effective solutions that emphasize collaboration and innovation.

Financial Stats

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Balance Sheet


Current Assets

Cash 1,541.0 1,100.9 735.1

Net Receivables 1,014.3 709.2 579.6


Other Current Assets 963.0 497.4 153.4



Other Noncurrent Assets 494.4 549.2 451.2

Total Assets 4,583.1 3,338.2 2,374.6

Liabilities Mar 10 Mar 09 Mar 08

Current Liabilities



Other Current Liabilities 855.4 592.0 347.6

Total Current Liabilities 930.7 646.6 387.6





P&L A/c

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Revenue 4,592.4 3,278.7 2,816.3

Cost of Goods Sold 2,654.6 1,849.4 1,572.8

Gross Profit 1,937.8 1,429.2 1,243.5

Gross Profit Margin 42.2% 43.6% 44.2%

SG&A Expense 972.1 721.4 652.0




Nonoperating Income (9.1) 2.6 (23.6)

Nonoperating Expenses 25.8 15.9 --

Income Before Taxes 878.6 637.0 515.2








Dividends per Share -- -- --


Cash Flows

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Net Operating Cash Flow 765 672 979


Net Financing Cash Flow 120.0 76.9 44.0

Net Change in Cash 440.0 365.9 395.2



Cash Dividends Paid


LEARNING & EXPERIENCE

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The study is the collection of information about different sectors but the focus is on information

collection and the process by which information is collected. The information in this age is

wealth. We seek opportunities which will make our life and world a better place to live in. These

opportunities are primarily based on information and depend on idea generation and

implementation of the idea. The idea is primarily dependent on the information collected. The

information available has to be found. The information needed has to be filtered from vast

amounts of to accurate info which is needed. This study helps us to establish the process of

picking up useful information by filtering all the information available. How and where to find

useful information is most vital in a manager’s skillset.

All the companies covered n this assignment are market leaders n their respective sectors. They

have their respective winning strategies. The companies may be in possession of latest

technology but methods by which they run their business makes them successful. Thus

Methodology not technology makes business successful.

The companies have very less different ion but their focus on customers differ. Thus their

strategies need not be the best in their sector but should be the balanced with respect to there

customer base. Collaborations are mutually beneficial or degradable. It depends on the customer

need and positioning. So market research and its frequency play an important role n making a

successful partnership.

The most important take away from the assignment is identifying opportunities that have to be

tapped. Opportunities knock the door only once, Thus it requires to be identified. This

assignment has been immensely helpful in tapping information that is useful.

Bibliography

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Website Visited:

www.hdfcbank.com www.axisbank.com www.statebankofindia.com www.icicibank.com www.bankofbaroda.com www.herohonda.com www.globalsuzuki.com www.tvsmotors.in www.infosys.com www.hcltech.com www.wipro.com www.tcs.com www.cognizant www.anuualreports.com www.hoovers.com

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Uma Report