ICAI Notes- Overview of Selected Indian Companies- 2 | Business and Commercial Knowledge (Old Scheme) - CA Foundation PDF Download

DR. REDDY’S LABORATORIES LTD.

Incorporation year : 1984

Headquarter : Hyderabad, Telangana, India

Chairman : Kallam Satish Reddy

Present Head (CEO) : G. V. Prasad

Chief Financial Officer : Saumen Chakraborty

Company introduction: Who is corporate and what it does?

Dr. Reddy’s Laboratories is an Indian multinational pharmaceutical company. Dr. Reddy’s manufactures and markets a wide range of pharmaceuticals in India and overseas. The company has over 190 medications, 60 Active Pharmaceutical Ingredients (APIs) for drug manufacture, diagnostic kits, critical care, and biotechnology products. It strengthened its Indian manufacturing operations by acquiring American Remedies Ltd. in 1999. This acquisition made Reddy’s the third largest pharmaceutical company in India, after Ranbaxy and Glaxo (I) Ltd., with a full spectrum of pharmaceutical products, which included bulk drugs, intermediates, finished dosages, chemical synthesis, diagnostics and biotechnology.

In 2017-18, the revenue of Dr. Reddy’s Laboratories was ₹ 9,359.30 crores and net profit was ₹ 566.90 crores. It employs over 20,400 people.
Company History

Dr. Reddy’s originally launched in 1984 producing Active Pharmaceutical Ingredients (APIs). In 1986, Reddy’s started operations on branded formulations. Within a year, it had launched Norilet, the company’s first recognized brand in India. In 1987, the company started transforming itself from a supplier of pharmaceutical ingredients to other manufacturers into a manufacturer of pharmaceutical products.

Philosophy

• Bringing expensive medicine within reach.
• Addressing unmet patient needs
• Helping patients manage disease better
• Enabling and helping our patients ensure that our medicines are available where needed
• Working with patients to help them succeed

Portfolio of Businesses, Products and Services

Business in News

• In 2014, Dr. Reddy Laboratories was listed among 1200 of India’s most trusted brands according to theBrand Trust Report, 2014.

GAIL  INDIA LTD.

Incorporation year : 1984

Ownership group : Ministry of Petroleum & Natural Gas (MoP&NG) 

Headquarter : New Delhi, India 

Chairman : Bhuvan Chandra Tripathi

Present Head (MD and CEO) : Bhuvan Chandra Tripathi

Finance Director : Subir Purkayastha

Company introduction: Who is corporate and what it does?

Gas (India) Limite (GAIL) is the largest state-owned natural gas processing and distribution company in India.  It is India’s principal gas transmission and marketing company. It has the following business segments: natural gas, liquid hydrocarbon, liquefied petroleum gas transmission,petrochemical, city gas distribution, exploration and production, GAILTEL and electricity generation. GAIL was conferred with the ‘Maharatna’ status on 1st February, 2013 by the Government of India. It has more than 70% market share in both gas transmission and marketing.

GAIL owns the country’s largest pipeline network, the cross-country 2300 km Hazira-Vijaipur-Jagdishpur pipeline with a capacity to handle 33.4 MMSCMD gas. Today the company owns and operates more than 11000 km long cross country natural Gas Pipeline in India having presence in 22 states in the country. It also owns and operates more than 2000 km long LPG pipelines in the country and has the pride to operate one of

the world’s longest exclusive LPG pipeline in the country from Jamnagar in Gujarat to Loni in Uttar Pradesh.

In 2017-18, the revenue of GAIL (India) Ltd. was  53,825.49 crores and net profit was ₹ 4,618.41 crores. It employs more than 4,200 people.

Company History

GAIL (India) Limited was incorporated in August 1984 as a Central Public Sector Undertaking (PSU) under the Ministry of Petroleum & Natural Gas. It was formerly known as Gas Authority India Limited.

Philosophy

Vision: To be the leading company in Natural Gas and Beyond, with Global Focus, Committed to Customer Care, Value Creation for all Stakeholders and Environmental Responsibility.

Mission: To accelerate and optimize the effective and economic use of Natural Gas and its fractions for the benefit of the national economy.

Portfolio of Businesses, Products and Services

Subsidiaries

• GAIL Gas Limited
• Brahmaputra Cracker and Polymer Limited (BCPL)
• GAIL Global (Singapore) Pte Limited

Joint Ventures

• Aavantika Gas Limited (AGL): GAIL has 22.5% stake in the Company along with HPCL as an equal partner.
• Bhagyanagar Gas Limited (BGL): GAIL has a 22.5% stake in the company along with HPCL as an equal partner.
• Central U.P. Gas Limited (CUGL): GAIL has 25% stake in the Company along with BPCL as an equal partner. CUGL has connected 200 commercial and industrial units in both the cities.
• Green Gas Limited (GGL): GAIL has a 22.5% stake in the company along with IOCL as an equal partner.
• Indraprastha Gas Limited (IGL): GAIL has a 22.5% stake in the company along with BPCL as an equal partner.
• Mahanagar Gas Limited (MGL): GAIL has a 49.75% stake in the company along with British Gas as an equal partner.
• Maharashtra Natural Gas Limited (MNGL): GAIL has a 22.5% stake in the company along with BPCL as an
  equal partner.
• Petronet LNG Limited (PLL): GAIL has a 12.5% equity stake in PLL, along with BPCL, ONGC and IOCL as
  equal partners.
• Ratnagiri Gas and Power Pvt. Ltd. (RGPPL): GAIL has 32.88% stake in the company along with NTPC as an
  equal partner.
• Tripura Natural Gas Company Limited (TNGCL): GAIL has 29% stake in the company.
• GAIL China Gas Global Energy Holdings Limited: GAIL has 50% equity interest in the company along with
  China Gas as the equal partner.

Business in News

• GAIL ranked 1402nd on Forbes World's Largest Public Corporations List 2018.
• GAIL won the Prestigious CII-National Water Awards for Excellence in Water Management-2016 in “out of fence Category”.

HDFC Bank Limited

Incorporation year : 1994

Ownership Group : HDFC Group 

Headquarter : Mumbai, Maharashtra, India

Chairman : Deepak S. Parekh

Present Head (MD) : Aditya Puri

Chief Financial Officer : Sashidhar Jagdishan
Company introduction: Who is corporate and what it does?

HDFC Bank Limited is an Indian banking and financial services company. The Bank’s distribution network is run through 4,715 branches and 12,260 ATMs across 2,657 cities. HDFC is a market leader in e-commerce. It provides a series of digital offerings like - 10 second personal loan, Chillr, PayZapp, SME Bank, Watch Banking, 30-Minute Auto Loan, 15-minute Two-Wheeler Loan, e-payment gateways, Digital Wallet, etc. HDFC Bank

provides a number of products and services which includes Wholesale banking, Retail banking, Treasury, Auto (car) Loans, Two Wheeler Loans, Personal loans, Loan against Property and Credit Cards.

The equity shares of HDFC Bank are listed on Bombay Stock Exchange and the National Stock Exchange of India. In 2017-18, the revenue of HDFC Bank Ltd. was ₹ 80,241.35 crores and net profit was ₹ 17,486.75 crores. It employs more than 90,500 people.
Company History
In 1994, HDFC Bank was incorporated, with its registered office in Mumbai, India. Its first corporate office and a full service branch at Sandoz House, Worli was inaugurated by the then Union Finance Minister, Manmohan Singh. The bank is the first of its kind to receive an in-principle approval from the RBI for the establishment of a bank in the private sector.
Philosophy

Mission: To be a World Class Indian Bank.

The objective is to build sound customer franchises across distinct businesses so as to be the preferred provider of banking services for target retail and wholesale customer segments, and to achieve healthy growth in profitability, consistent with the bank’s risk appetite. HDFC Bank’s business philosophy is based on five core values: Operational Excellence, Customer Focus, Product Leadership, People and Sustainability.

Portfolio of Businesses, Products and Services

HDFC Group companies are HDFC Ltd., HDFC Securities., HDFC Mutual Fund, HDFC Realty, HDFC Life, HDFC ERGO, HDFC Pension and HDB Financial Services.
Business in News

• HDFC Bank ranked 202nd on Forbes World's Largest Public Corporations List 2018.
• HDFC Bank ranked 183rd on Forbes World's Best Employer's List 2018.
• In 2016, HDFC was awarded “Best Performing Branch” in microfinance among private sector banks by NABARD.
• In 2008, Centurion Bank was acquired by HDFC Bank.
• HDFC Bank merged with Times Bank in February, 2000.

ICICI BANK LIMITED

Incorporation year : 1994

Ownership group : ICICI group

Headquarter : Mumbai, Maharashtra, India

Chairman : Girish Chandra Chaturvedi

Present Head (MD and CEO) : Sandeep Bakshi

Chief Financial Officer : Rakesh Jha
Company introduction: Who is corporate and what it does?

ICICI Bank (Industrial Credit and Investment Corporation of India) is the largest private sector bank and a multinational banking and financial services company. ICICI Bank currently has a network of 4,867 Branches and 14,367 ATM’s across India. The bank has branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar, Oman, Dubai International Finance Centre, China and South Africa; and representative offices in United Arab Emirates, Bangladesh, Malaysia and Indonesia. The company’s UK subsidiary has also established branches in Belgium and Germany.

The equity shares of ICICI Bank are listed on Bombay Stock Exchange and the National Stock Exchange of India. In 2017-18, the revenue of ICICI Bank Ltd. was ₹ 54,965.89 corres and net profit was ₹ 6,777.42 crores. It employs more than 75,000 people.

Company History

ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary. ICICI’s shareholding in ICICI Bank was reduced to 46% through a public offering of shares in India in fiscal 1998, an equity offering in the form of ADRs listed on the NYSE in fiscal 2000, ICICI Bank’s acquisition of Bank of Madura Limited in an all-stock amalgamation in fiscal 2001, and secondary

market sales by ICICI to institutional investors in fiscal 2001 and fiscal 2002. ICICI was formed in 1955 at the initiative of the World Bank, the Government of India and representatives of Indian industry.
Philosophy

Vision: To be the leading provider of financial services in India and a major global bank.

Mission: ICICI will leverage our people, technology, speed and financial capital to:

• be the banker of first choice for our customers by delivering high quality, world-class products and services.
• expand the frontiers of our business globally.
• play a proactive role in the full realisation of India’s potential.
• maintain a healthy financial profile and diversify our earnings across businesses and geographies.
• maintain high standards of governance and ethics.
• contribute positively to the various countries and markets in which we operate.
• create value for our stakeholders.

Portfolio of Businesses, Products and Services

ICICI Group companies and its subsidiaries are: ICICI Prudential Life Insurance Company, ICICI Securities, ICICI Lombard General Insurance Company, ICICI Prudential AMC & Trust, ICICI Venture, ICICI Direct, ICICI Foundation and Disha Financial Counselling.

ICICI Bank also has banking subsidiaries in UK and Canada.

Business in News

• ICICI Bank ranked 320th on Forbes World's Largest Public Corporations List 2018.
• ICICI Bank ranked 359th on Forbes World's Best Employer's List 2018.
• ICICI Bank emerges as the biggest winner at IBA Banking Technology Awards 2018.
• ICICI Foundation was awarded by the Ministry of Skill Development and Entrepreneurship at the National Entrepreneurship Awards.

INDIAN OIL CORPORATION LTD.