The foundation stone of the Aditya Birla Group was laid down by the great visionary and the founding father of the Indian industry- Lt. Shri Ghanshyam Das Birla. The succession torch was successfully carried on by his son, Lt. Shri Basant Kumar Birla. In the year 1943 was born Aditya Vikram Birla, the man behind the Birla Empire. It was A.V. Birla who made the Birla group everywhere. In the words of A.V. Birla-
"Density beckons that we do something that we continue to create not just for our country, but globally. Not just for Today but for Posterity as well."
Very early in his carrier, long before the word Globalization came into or everyday lexicon, he had foreseen the winds of change and staked the future of his business on a competitive, free market driven economic order. At a time when India's economy was glued with bureaucracy and taped with controls, his was a rather lone voice. But it was a voice that not only spoke, but also acted decisively and with conviction. A.V. Birla (as he was popularly known) translated his words into outstanding accomplishment. He thrived on challenges and possessed a great vision. His perseverance enabled him to c succeed against all odds. His numerous qualities inspired those who were associated with him. He always believed in team work. He died on 1st October 1995 leaving behind the Birla Empire. Kumar Mangalam Birla, son of Lt. Shri A.V. Birla, took over the charges as the chairman of the group. Thirty years old Kumar Mangalam, a C.A. and an M.B.A from Harvard University, is the chairman of the Aditya Birla Group which includes a number of companies within and outside the country.
Global primary Aluminum demand is estimated to have grown by 5.3% to 32 million tones in CY 05. The key contributor to this growth has been the Asian accounting for 77% of total consumption 2/3rds of which emanated out the Chinese growth story. Going forward, the demand is expected to stay strong.
Demand in the Western world is expected to be modest during CY06.
China is expected to remain the driver of aluminum demand world over, Rapidly increasing semi-fabricated products capacity is primary metal demand. From end-use perspective, the Chinese manufacturing sector is growing at a robust pace, driven by continued investments in industries.
[...] INTRODUCTION OPERATING CYCLE OF WORKING CAPITAL Every business undertaking require fund for two purpose invest in fixed asset and invest in current asset fund is required to invest in stock, debtor and other current asset keep on changing according to the shape and volume of organization, example a company have some coal at begin, the cash may be paid to the supplier of raw material, to meet labor cost and other over head cost. These three combined would generate work in progress, which will convert in finished goods on the completion of production process. [...]
[...] 2000-2001 to 2004-2005 & the traditional method of data analysis & application of financial statement analysis tool & technique for examining the degree of efficiency of working capital management has been adopted in systematic order we show component wise gross working capital analysis & working capital ratio Analysis. In Brief Research Methodology And Data Collection: Research is an art of scientific investigation. Research comprises defining and redefining problems, formulating hypothesis or suggested solution; collecting, organizing and evaluating data; making deductions and reaching conclusions; and at least carefully testing the conclusions to determine whether they fit the formulating hypothesis. [...]
[...] Hindalco Industries, a flagship company of Aditya Birla group, on March 29 signed a MoU with the Orissa Mining Corporation (OMC) for setting up of mega integrated aluminum complex in the state, at an estimated cost of Rs crore. The mega project includes setting up an alumina refinery of one million tone per year capacity near the Kodimgamali-Pottangi bauxite deposit in the Koraput district in Orissa Hindalco Industries, an Aditya Birla Group Company, commissioned its 5,000 TPA aluminum foil unit at Silvassa Hindalco Industries Ltd is to commission its aluminum alloy wheel plant at Silvassa in Gujarat in September, Mr. [...]
[...] PRODUCT PROFILE OVER VIEW OF THE COMPANY Hindalco Industries Limited, a flagship company of the Aditya Birla Group, is structured into two strategic businesses –aluminum and copper is an industry leader in both segments. A non-ferrous metal alluminiumhouse, close to global scale, it ranks among India's top 10 companies in terms of market capitalization. For FY 2004-05 Hindalco recorded top performance with the highest ever net profit of Rs million on a record breaking turnover of Rs million. Hindalco commenced its operations in 1962 with an aluminum facility at Renukoot in eastern Uttar Pradesh. [...]
[...] We have studied all the aspect of working capital like inventory management in HINDALCO what are different type of inventory material like coal, fuel, naphtha, steel, cement, which daily uses in the aluminum plant for the generation of aluminum, we have studied there nature as well there trend with different years through the tabulation graph. We have studied about Debtor, how debtors are made on the basis of credit sale? We have studied trend of debtors increasing or decreasing or decreasing with the past five years data we have also studied loans and advances, which shows how loans and advances has been made, how the payment of loans and advances will be done? [...]
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