DOCSLIB.ORG

Directors, Refer Tech Mahindra Annual Repor

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Directors, Refer Tech Mahindra Annual Repor Collaborate We create opportunities for clients, We collaborate with clients, academia, eco-system partners, communities, and the wider players and start-ups for business solutions, enabling stakeholder fraternity to ‘Rise’ above our clients to Run their business better, Change faster limiting circumstances and thrive in and Grow greater by creating new revenue streams. a constantly changing world. Change Co-innovation and co-creation, together, enable us to that is powered by the intelligent quickly deliver disruptive impact for our customers. symphony of technology and humans Read more on page 22 designing innovative and sustainable experiences for the new world order. At Tech Mahindra, our holistic solutions simplify digital transformation and ensure agile service delivery. We foster a culture Connect of innovation to deliver appropriate Experiences are delivered through the interplay technology solutions to new and of process re-imagination, design, innovation and existing clients that result in better digital technologies. Connectedness is our core business outcomes. We synergise strength. With automation, we enable clients to among offerings, leading to superior better engage with their customers across the business value for clients, supported customer lifecycle and offer the right experience, by best-in-class technology. integrated with next-gen technology. As part of the TechMNxt charter, we invest significantly in reskilling Leveraging a global ecosystem of our people to create a future-ready workforce. partners, we deliver industry-leading Read more on page 24 value to our clients; while promoting a culture of digital responsibility. Change Our digital go-to market strategy revolves around solving customers’ business issues. As a global digital transformation provider, we help businesses adapt to the fast-changing digital landscape with scalable, replicable and sustainable outputs and outcomes. We are happy to contribute to the vibrant digital revolution, which is constantly enriching and redefining the way we imagine life on the planet. We see ourselves playing an even larger transformative role by capitalising on our dominant position in Technologies of the Future. Read more on page 26 Contents 02 12 18 Corporate Year in Strategic Identity Review Review 02 About Tech Mahindra 12 Key performance indicators 18 Operating environment 06 Service oerings 14 MD & CEO’s Message 20 Strategy for growth 08 Industries we serve 16 Awards and accolades 22 Collaborate 10 Global presence 17 Last 3-year performance 24 Connect 26 Change 28 38 148 ESG Statutory Financial Performance Reports Statements 28 Environment 39 Corporate Information 149 Standalone 30 Social 40 Directors’ Report 233 Consolidated 36 Governance 100 Corporate Governance Report 120 Management Discussion and Analysis 136 Business Responsibility Report About Tech Mahindra Delivering sustainable digital transformation We represent the bold, new, disruptive digital era, We are a leading global enabler of digital offering innovative and customer-centric services and transformation, consulting and business solutions to integrate technology with businesses more re-engineering services and solutions. Part of the meaningfully and innovatively. Our core operation eminent Mahindra Group, we are a $ 5.2 Billion has been built around the credo ‘Connected World. enterprise with more than 1,25,000 employees Connected Experiences.’ across 90+ countries. We currently have 973 active global clients, including several Our solutions help clients integrate Fortune 500 companies. Tech Mahindra featured as the top non-US Company in the Forbes Global their platforms across a wide range Digital 100 list for 2018, and featured among of technologies to deliver tangible Forbes Fab 50 Companies in Asia in 2018. We deliver seamless and integrated business value to their stakeholders. experiences across digital, physical, and convergent dimensions. Rise tenets Accepting No Limits Alternative Thinking Driving Positive Change Core values Professionalism Good Corporate Customer Quality Dignity of Citizenship First Focus the Individual Core purpose Our Vision We challenge conventional thinking and We will continue to RISE to be an innovatively use our resources to drive agile, customer-centric and purpose-led positive changes in the lives of our company delivering best-in-class stakeholders and communities across technology led business solutions the world, to enable them to Rise. for our stakeholders. 02 Corporate Identity FY20 key facts ₹ 36,868 Crores 1,25,000+ Revenue Associates 973 90+ Active customers Countries where we drive digital transformation FY20 highlights $3.7 Billion 40% Buyback 92% Net new deal wins Digital revenue Completed Free cash flow ($ 1.7 Billion in FY19) first-ever buyback conversion to PAT Growth momentum Large deals in Among the top 3 4 significant for Telecom providers Enterprise Indian companies acquisitions IT / Network modernisation Broad based Dow Jones Mad*Pow, spends and telecom providers growth driven by Sustainability Index Born Group, lining up for 5G opportunity BFSI, technology (DJSI) World Ranking Zen3 and Cerium and healthcare 2019 About Mahindra Group The Mahindra Group is a federation of companies bound by one purpose - to Rise. Inspired by this spirit and the group’s legacy and values, it aims to always positively impact its partners, stakeholders, communities and the world at large. Headquartered in Mumbai, the Group employs over 2,50,000+ people across 100+ countries. It operates in key industries that propel economic growth, such as tractors, utility vehicles, information technology, financial services and vacation ownership. The Group has a strong presence in agribusiness, aerospace, components, consulting services, defence, For more information, energy, industrial equipment, logistics, real estate, visit website: retail, steel, commercial vehicles and two-wheelers. www.mahindra.com Annual Report 2019-20 03 About Tech Mahindra Key strengths Transform digitally Innovation engine We offer the right blend of physical and digital Tech Mahindra’s Makers Lab develops future-ready design, powered by technology. We use solutions by leveraging next generation technologies digital capabilities to transform client’s internal like Artificial Intelligence (AI), Machine Learning (ML), businesses and technology operations, and deliver Robotics, Internet of Things (IoT), Augmented Reality industry-leading outcomes. Our solutions (AR)/ Virtual Reality (VR), 5G – Network of the future. help clients accelerate their digital transformation With 50+ technology platforms and solutions, we journey by building intelligent and digital-next help customers achieve faster time-to-market and businesses, backed by next-generation technologies. incremental innovation capabilities. Industry-specific solutions Diversified geographic presence Businesses in the new world order are demanding We deliver technology solutions across 90+ sophisticated technologies that lower costs, increase countries in Americas, Europe, Middle-East, sales, efficiency and performance, protect the Latin America, Africa and Asia-Pacific. Such environment and enable better management and prudent geographic diversification also reduces control. We support our clients across sectors, with market concentration risks to the business. tailored solutions. Our solutions and services offer a proven delivery model and in-depth expertise. 04 Corporate Identity Strategic transformation approach High-performance culture Our 3-4-3 strategy focuses on three mega trends, We offer an excellent workplace environment so four tech bets, and three outcomes for our our people can perform to the best of their abilities. customers. TechMNxt is our transformation Our work culture is shaped by self-motivated and approach to deliver it. This strategy is committed professionals, aligned with our business implemented across industries where we objectives and working together to deliver top- operate. We are dedicated to enable clients’ notch, tailored solutions to meet our clients’ diverse success in a digitally disruptive world. expectations, globally. We have been certified as Great Place to Work (GPTW)™ - which is a testament to our high-trust, high-performance culture. Strong leadership Emphasis on environment, social and governance Our senior management team comprises We believe the ESG parameters have wider impact seasoned global leaders in the industry. Equipped on society and business performance. And we have with experience and expertise of diverse been at the forefront of driving business results with geographies and areas of specialisation, their ESG. It is aligned with our overarching strategy and leadership has enabled our all-round and consistent embedded in our execution. performance, acknowledged by our stakeholders. Annual Report 2019-20 05 Service offerings Tailored business solutions for the big leap forward As businesses and industries converge and sunrise business models emerge, we think beyond conventions, and reimagine our strategy, solutions, services and platforms. Our innovators and thought leaders interact with industry influencers to get key insights and help shape tomorrow’s enterprises worldwide. Engineering services Our Integrated Engineering Solutions (IES) delivers across aerospace and defence, automotive, industrial, telecom, Hi-tech, healthcare and transportation sectors. Network services • Extensive skills in electronics, mechatronics and Our wireless network services encompass the mechanical
Load more

Recommended publications
  • Merger of Tech Mahindra and Satyam Computer Services Ltd. with Special Reference to HR Issues
    IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668 PP 03-06 www.iosrjournals.org Merger of Tech Mahindra and Satyam Computer Services Ltd. with special reference to HR Issues Rangana Maitra1, M. Phil (Management), M.B.A (NMIMS), M.A. (English Literature), P.G. Diploma in Personnel Management & Ms. Mayuri Asamwar 2, 1Associate Professor,IES’ Management College and Research Centre, Mumbai 2MMS, IES’ Management College and Research Centre, Mumbai Abstract: Satyam Computer Services Ltd is an Indian IT services company based in Hyderabad, India. Tech Mahindra which was ranked #5 in India's software services firms and overall #161 in Fortune India 500 list for 2011, is a is a part of Mahindra Group conglomerate with headquartered at Pune, India. Tech Mahindra Limited is a leading global systems integrator and business transformation consulting organization, focused primarily on the telecommunications industry. Satyam unveiled its new brand identity Mahindra Satyam subsequent to its takeover by the Mahindra Group's IT arm on 13 April 2009. On June 24, 2013 Tech Mahindra and Mahindra Satyam merging process completed and the name of the parent company was retained for the merged entity with a new Logo and motto. Merger was delayed due to various disputes both in India and abroad. There were quite many problems in the areas of legal and judicial issues, diverse expertise of the merged entities and also the culture between two companies. All these problems were successfully handled by the companies even while working is virtually integrated companies before the High court clearance for the merger.
    [Show full text]
  • Media Coverage Of
    MEDIA COVERAGE REPORT CMD’s Interview with Thomson Reuters SUBMITTED BY CORPORATE PUBLIC RELATIONS ITI LIMITED India’s ITI Expects 25% Revenue Growth This FY on Govt Orders - Chairman By New Delhi Newsroom/NewsRise State-run telecom and defense equipment maker ITI expects its revenue to grow 25% this fiscal year and 30% in the next on the back of a string of government orders, its chairman and managing director said. The company has already signed contracts worth 27 billion rupees for this financial year which will drive up revenue growth, Rakesh Mohan Agarwal told NewsRise. Agarwal said he expects revenues worth 22 billion rupees to flow in the next fiscal year that begins in April from the recent 77.79 billion rupees deal from defense department. ITI had, last month, signed a deal for phase IV of the Army Static Switched Communication Network, or Ascon, a telecom network spread across the north and western regions of the country. The company’s total order book at the end of September stood at 140 billion rupees, he said. ITI’s revenue in the last fiscal year ended March grew 23% to 20.59 billion rupees. The company also has a tie up with Indian software exporter Tech Mahindra to make fourth-generation, or 4G, and next- generation 5G network gear. Agarwal said the company along with Tech Mahindra has already submitted a proof-of-concept proposal to the telecom department, and is aiming to grab state- owned Bharat Sanchar Nigam and Mahanagar Telecom Nigam’s upcoming tender to supply telecom equipment in the southern region.
    [Show full text]
  • Cloud Transformation/ Operation Services & Xaas
    Cloud Transformation/ A research report Operation Services & XaaS comparing provider strengths, challenges U.S. 2019 and competitive differentiators Quadrant Report Customized report courtesy of: November 2018 ISG Provider Lens™ Quadrant Report | November 2018 Section Name About this Report Information Services Group, Inc. is solely responsible for the content of this report. ISG Provider Lens™ delivers leading-edge and actionable research studies, reports and consulting services focused on technology and service providers’ strength and Unless otherwise cited, all content, including illustrations, research, conclusions, weaknesses and how they are positioned relative to their peers in the market. These assertions and positions contained in this report were developed by and are the sole reports provide influential insights accessed by our large pool of advisors who are property of Information Services Group, Inc. actively advising outsourcing deals as well as large numbers of ISG enterprise clients who are potential outsourcers. The research and analysis presented in this report includes research from the ISG Provider Lens™ program, ongoing ISG Research programs, interviews with ISG advisors, For more information about our studies, please email [email protected], briefings with services providers and analysis of publicly available market information call +49 (0) 561-50697537, or visit ISG Provider Lens™ under ISG Provider Lens™. from multiple sources. The data collected for this report represents information that ISG believes to be current as of September 2018, for providers who actively participated as well as for providers who did not. ISG recognizes that many mergers and acquisitions have taken place since that time but those changes are not reflected in this report.
    [Show full text]
  • Sustainable Development Report 2017
    I II X Sustainability The essence of our existence. Organisation Profile GRI-102, SDG-8, 9 Ambuja Cements Limited (ACL), started in 1986, is India’s leading Cement Company. Ambuja Cement is the premier cement brand in India for Ordinary Portland Cement (OPC), and low carbon products such as Pozzolana Portland Cement (PPC) and Pozzolana Composite Cement (PCC) having significant footprints across the Western, Eastern and Northern markets of India. Our customers range from Individual House Builders (IHBs) to governments to global construction firms. The total cement production for 2017 was 22.98 MT against the annual capacity of 29.65 million tonnes per annum (MTPA). Our employee strength stood at 5,328. In line with the 2030 SDG targets, Ambuja aims to achieve higher level of economic productivity through diversification, technological upgradation and innovation, with a focus on value-added products and services with sustainable human capital deployment. Nature of Company Ownership Ambuja Cements Limited (ACL) is a public limited company listed on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited. The GDRs issued by the Company are listed on the Luxembourg Stock Exchange. LafargeHolcim Limited, Switzerland, is the majority shareholder. For the detailed shareholding pattern, please see the Annual Report on our website: www.ambujacement.com . Integrated Cement Plants Bulk Cement Terminals 1. Ambujanagar, Taluka Kodinar, District Gir 1. Muldwarka, District Gir Somnath, Gujarat; Somnath, Gujarat; 2. Panvel, District Raigad, Maharashtra; 2. Darlaghat, District Solan, Himachal Pradesh; 3. Kochi, Kerala; 3. Maratha Cement Works, District Chandrapur, 4. Surat, Gujarat; Maharashtra; 5. Mangalore, Karnataka. 4.
    [Show full text]
  • Successful Auctions So Far
    Successful Auctions so far: S State Name of the Block Mineral Date of ML / Area Reserves (in Final Preferred Bidder No auction CL (in MT) Bid (in Ha) %) 1 Andhra Gudipadu block Limestone 08.06.2016 ML 40.82 26.66 8.12 Penna Cements Pradesh 2 Andhra Erragudi-Hussainapuram Limestone 26.09.2017 ML 131.57 9.03 10.6 Sree Jayajothi Pradesh –Yanakandla Cements Pvt Ltd 3 Andhra Nandavaram–Venkatapuram Limestone 26.09.2017 ML 24.739 1.66 10.7 Sree Jayajothi Pradesh Cements Pvt Ltd 4 Andhra Chigargunta – Bisanatham Gold 27.07.2018 ML 262.01 2.22 38.25 NMDC Limited Pradesh 5 Andhra Chintalayapalle- Limestone 28.11.2018 ML 417.51 92.24 13.4 Adani Cementation Pradesh Abdullapuram-Korumanipalli Ltd (CAK) 6 Andhra Gorlagutta Limestone 27.05.2021 ML 181.03 61.14 7.25 M/s. Sree Jayajothi Pradesh Cements Private Limited 7 Chhattisgarh Karhi-Chandi Limestone 18.02.2016 ML 242.13 155 58.95 Shree Cement 8 Chhattisgarh Kesla Limestone 19.02.2016 ML 108 67 10.15 Century Cement 9 Chhattisgarh Baghmara Gold 26.02.2016 CL 474.3 2.7 12.55 Vedanta Ltd 10 Chhattisgarh Kesla II Limestone 01.05.2017 ML 357.07 215 96.15 Dalmia (bharat) cement 11 Chhattisgarh Guma Limestone block, Palari Limestone 12.03.2018 ML 249.03 124 138.25 Ultratech Cement 12 Chhattisgarh Mohra (Block A), Limestone 08.09.2020 ML 127.05 56.847 5.45 State Govt to inform Balodabazar, Balodabazar- Bhatapara 13 Chhattisgarh Parsabhadar, Balodabazar, Limestone 08.09.2020 ML 28.461 9.614 34.15 State Govt to inform Balodabazar-Bhatapara 14 Gujarat Mudhvay Sub- block B Limestone 25.05.2017 ML 233.5 301.5
    [Show full text]
  • Annual Report 2014-2015
    Annual Report 2014–2015 Corporate Information Board of Directors A K Nanda Chairman Cyrus J Guzder Vineet Nayyar Rohit Khattar Sridar Iyengar Sanjeev Aga V S Parthasarathy Radhika Shastry Kavinder Singh Managing Director & CEO (w.e.f. November 3, 2014) S Krishnan Chief Financial O!cer & Executive Director (w.e.f. January 22, 2015) Head Legal & Company Secretary Dinesh Shetty Auditors Deloitte Haskins & Sells Chartered Accountants ASV N Ramna Tower 52, Venkatnarayana Road T. Nagar, Chennai - 600 017 Bankers YES Bank Limited HDFC Bank Limited Registered O!ce Mahindra Towers, 2nd Floor, No.17/18, Patullos Road, Chennai – 600 002. Tamil Nadu, India T: +91 44 3988 1000 F: +91 44 3027 7778 E:[email protected] w: www.clubmahindra.com Registrar and Share Transfer Agents CIN: L55101TN1996PLC036595 Karvy Computershare Private Limited Karvy Selenium, Tower B, Plot 31-32, Corporate O!ce Gachibowli, Financial District, Mahindra Towers, 1st Floor Nanakramguda, ‘A’ Wing, Dr. G M Bhosale Marg, Hyderabad - 500 032 P.K. Kurne Chowk, Worli, Ph : 040 6716 2222 Fax : 040 2300 1153 Mumbai-400 018 Toll free no : 1800 345 4001 T: +91 22 3368 4722 F: +91 22 3368 4721 E-mail: [email protected] 1 Mahindra Holidays & Resorts India Limited Contents Statutory Reports Directors’ Report ..................................................................................................................................................................................................................... 3 Management Discussion and Analysis ........................................................................................................................................................................
    [Show full text]
  • Everest Group's PEAK Matrix for Banking AO
    TM Topic: Everest Group’s PEAK Matrix for Banking AO Service Providers Focus on HCL Technologies July 2015 Copyright © 2015 Everest Global, Inc. This document has been licensed for exclusive use and distribution by HCL Technologies Background and scope of the research Background of the research Rise of digital consumers, need for business agility, growing costs of regulatory compliance, and threat from non-banking competitors in areas such as payments were the key challenges faced by banks in 2014. Banks are aligning their technology priorities around cost containment, efficiency, risk & compliance management, and transformation. Banks continued to invest in development of specific applications for regulatory compliance, risk management, channel-specific initiatives (social, mobile, etc.), and customer analytics The service provider landscape is intensifying as providers ramp up their capabilities, invest in innovative technologies, form alliances, and acquire strategic targets to address the growing and complex application services needs of banks and financial institutions In this research, we analyze the capabilities of 30 leading AO service providers, specific to the global banking sector. These providers were mapped on the Everest Group Performance | Experience | Ability | Knowledge (PEAK) Matrix, which is a composite index of a range of distinct metrics related to each provider’s capability and market success. Additionally, Everest Group has also profiled the capabilities of these 30 service providers in detail including a comprehensive picture of their service suite, scale of operations, domain investments, delivery locations, and buyer satisfaction specific to banking AO services This document focuses on HCL Technologies’ banking AO experience and includes: Overview of the banking AO service provider landscape Everest Group’s assessment of HCL Technologies’ delivery capability and market success on PEAK matrix Detailed banking AO profile for HCL Technologies Copyright © 2015, Everest Global, Inc.
    [Show full text]
  • Press Release
    Press Release MphasiS appoints Ajay Jotwani as Senior Vice President and Head of Infrastructure Services Bangalore, December 12, 2013 MphasiS, today announced the appointment of Ajay Jotwani as Senior Vice President and Head of Infrastructure Services. Ajay will be part of MphasiS Leadership Team and report to Ganesh Ayyar, CEO MphasiS. He will be based out of Santa Clara, USA and will lead the global Infrastructure Services business unit. Ajay joins MphasiS with over 22 years of global business experience in leadership, organizational strategy, sales management, business development and operations. In the last 12 years, Ajay focused on making strategic breakthroughs - opening geographies, establishing practices, and building global teams. He has immense expertise and has run successful programs in data center consolidation; virtualization, workplace services and unified cloud strategy offering flexible services & consumption based models. “We are delighted to have Ajay head our Infrastructure business. The expertise he brings will help us expand our portfolio of services and provide innovative solutions to meet the evolving industry needs. His experience in North America and other key global markets will open new avenues and accelerate the pace of growth.” said Ganesh Ayyar, CEO MphasiS. “I am delighted to work with MphasiS’ Infrastructure Service (IS) Unit. The infrastructure services market hold great prospect for nimble service providers. With a talented team, a suite of innovative products and services, we intend to be the provider of choice.” said Ajay Jotwani, Senior Vice President and Head of Infrastructure Services. In his previous role at Wipro Technologies, Ajay led new business acquisition for Infrastructure Services across Manufacturing Hitech (MHT), Energy Utilities (ENU) and Banking Financial Services Insurance (BFSI) verticals.
    [Show full text]
  • Mahindra Everyday
    ISSUE 1, 2013 ISSUE 1, 2013 WHAT’S INSIDE? Mahindra e2o Launched: Set to Redefine the Future of Mobility World Class Tractor Plant Inaugurated in Andhra Pradesh MSSSPL’s Golden Journey Of 50 Years 8th Annual Mahindra Excellence in Theatre Awards Announced Special Feature: The Mahindra Institute of Quality Mahindra Everyday 1 ISSUE 1, 2013 CONTENTS CULTURAL COVER STORY 04 OUTREACH 35 Mahindra USA’s exciting and eventful On the art and culture front, initiatives story of growth and success, from showcased old world culture, the world’s 1994 to date. best guitar and music talent, excellence in theatre and more. INTERNATIONAL AWARDS FOR OPERATIONS 11 EXCELLENCE 40 The Mahindra Group’s international A spectrum of awards, including the action stretched from Serbia to Sri first Mahindra Sustainability awards Lanka, South Africa and elsewhere recognising diverse sustainability around the globe. initiatives, was recently presented. SECTOR BRIEFS 13 SUSTAINABILITY 47 As ever there was plenty happening Efforts and initiatives towards across sectors and in all spheres of preserving, safeguarding and sustaining action – new plants, new products, our planet and its precious resources. distinguished visitors, certifications and celebrations. Please write in to [email protected] to give feedback on this issue. ME TEAM Associate Editors: Zarina Hodiwalla, Darius Lam Soumi Rao Chandrika Rodrigues Col. Abhijit Dasgupta AS, Kandivli MLDL Mahindra Management Dev. Center Asha Sabharwal Stella Rozario AS, Nashik MTWL Santosh Tandav Mahindra Partners Shirish Kulkarni Pradeep Zoting AS, Igatpuri FES, Nagpur Vrinda Pisharody Tech Mahindra & K.P. Narsimha Rao Pavitra Kamdadai Mahindra Satyam AS, Zaheerabad MNEPL Rajeev Malik Venecia Paulose Martin Cisneros Preeti Nair MVML, Chakan Mahindra USA Mahindra Navistar Edited and Published by Roma Balwani Nitin Panday Swapnil Soudagar Pooja Thawrani for Mahindra & Mahindra Limited, Gateway Mahindra Swaraj Systech Mahindra Reva Building, Apollo Bunder, Mumbai 400 001.
    [Show full text]
  • Ambuja Cements ( AMBCEM)
    Ambuja Cements ( AMBCEM) CMP: | 407 Target: | 490 (20%) Target Period: 12 months BUY July 26, 2021 Beats estimates with strong margins… About the stock: Ambuja Cement (a Holcim group company) is a large cement player with capacity of over 29.7 MT spread across North-Central (40%), West (~35%) and East (~25%) India. It has a large marketing set-up, pan-India presence and strong operational linkages with ACC. Particulars The upcoming new capacity at Rajasthan will enhance its cement capacity by Particular Amount 1.8 MT to 31.5 MT and clinker capacity by 3.0 MT Market cap | 80816 crore Debt (CY20) | 72 crore Result Update Result In the long run, the company plans to reach over ~50 MT capacity through Cash & Invest (CY20) | 686 crore significant de-bottlenecking and setting up of satellite grinding units EV | 80202 crore 52 week H/L | 410 / 196 Equity capital | 397.1 crore Q1FY22 Results: Ambuja Cement reported 149 bps QoQ expansion in margins Face value | 2 leading to better profitability despite cost pressure. Shareholding pattern Clocked revenue of | 3,371 crore, down 6.9% QoQ led by sales volumes de- (in %) Sep-20 Dec-20 Mar-21 Jun-21 growth of 11.3% to 6.4 MT. On a YoY basis, revenues were up 53.2% Promoter 63.3 63.3 63.3 63.3 EBITDA/t was up 10.8% QoQ to | 1,495/t (vs. last quarter EBITDA/t of FII 16.8 18.1 17.8 17.7 | 1,349/t). EBITDA margin was at 28.5%, up 149 bps QoQ, 112 bps YoY DII 13.3 11.5 12.4 12.5 Others 6.6 7.1 6.6 6.5 Reported PAT was at | 723.1 crore, up 59.5% YoY, 8.8% QoQ vs.
    [Show full text]
  • Corporate Governance Scores S&P BSE 100 Companies
    Corporate Governance Scores S&P BSE 100 companies Technical Partner Supported by the Government of Japan January 2018 TABLE OF CONTENTS Foreword 2 1 Introduction 4 2 SENSEX Trends 6 3 S&P BSE 100 Findings 8 4 Conclusion 12 5 Annexures 13 6 1 1. FOREWORD Vladislava Ryabota Regional Lead for Corporate Governance in South Asia, IFC Welcome to this second report on the Indian Corporate Governance Scorecard, developed jointly by the BSE, IFC and Institutional Investor Advisory Services (IiAS), with the financial support of the Government of Japan. The goal of a scorecard is to provide a fair assessment of corporate governance practices at the corporate level. This, in return, gives investors, regulators and stakeholders key information to help them in their decisions with regards to such companies. Since we started this journey in India, with our first scorecard issued in December 2016, a lot of dynamic changes have been set in motion. For instance, the scorecard of 2016 scored 30 companies, and now we have a 100 in this year’s edition. We were also happy to notice that several best practice requirements, covered by the scoring methodology, have been recommended by the Kotak Committee, formed in 2017 at the initiative of the Securities and Exchange Board of India. Changes have also taken place at the regulatory level to incite investors to take a more active role at Annual General Assemblies and vote in order to bring positive changes in the practices of their investee companies. All these changes form part of an overall dynamic aimed at helping the private sector raise its visibility in India and throughout the world and IFC is proud to be a solid partner and actor to this initiative.
    [Show full text]
  • Uti Nifty Next 50 Index Fund
    C MYK Index Fund UTI NIFTY NEXT 50 INDEX FUND Investment Objective Portfolio as on October 31, 2020 The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to Equity % of NAV tracking error. Adani Green Energy Ltd. 4.41 However there is no guarantee or assurance that the investment objective of the scheme will be Avenue Supermarts Ltd. 4.39 achieved. Tata Consumer Products Ltd. 3.89 Dabur India Ltd. 3.81 Snapshot ICICI Lombard General Insurance Co Ltd. 3.55 Fund Manager - (Managing the scheme since July-2018) Info-Edge (India) Ltd. 3.54 Mr. Sharwan Kumar Goyal, CFA, MMS Godrej Consumer Products Ltd. 3.31 Pidlite Industries Ltd. 3.15 Market Capitalisation (%) Date of inception/allotment: Lupin Ltd. 2.87 28th June, 2018 Large Mid Small Aurobindo Pharma Ltd. 2.86 Fund size monthly average: ` 669.54 Crore Colgate Palmolive India Ltd. 2.66 Closing AUM: ` 680.21 Crore Fund 96 4 0 Bandhan Bank Ltd. 2.58 No. of Unit Holders : 51,072 Ambuja Cements Ltd. 2.51 Minimum Investment Amount : ` 5000/- Marico Ltd. 2.42 Subsequent minimum investment under a folio is Havells India Ltd. 2.40 Rs.1,000/- and in multiples of Rs. 1/- thereafter with no upper limit. Biocon Ltd. 2.36 Petronet Lng Ltd. 2.28 NAV (Regular) per unit as on October 31, 2020 Bharti Infratel Ltd. 2.08 Growth Option: ` 9.75 ICICI Prudential Life Insurance Company Ltd. 2.06 High/Low NAV in the month : Growth option ` 9.80, ` 9.60 Berger Paints India Ltd.
    [Show full text]