of Golden Eagle from Mohan Meakins. Slide 7:Dr. Mallya initiated the process of defining a corporate structure with performance accountability‚ inducting professional management and consolidating the vast empire into individual operating divisions. Slide 8:In 1988‚ Mallya became a non-resident Indian to pursue global opportunities and to transform The UB Group into India’s first multinational company. The real break came in 1988 when Mallya acquired the global Berger Paints Group with operating
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Subject: Differences between Richard Branson and Vijay Mallya Analytical Summary This report analyses the differences between the leadership of Virgin Group’s Founder Richard Branson and UB Group’s Chairman Vijay Mallya. The two leaders operate in a wide range of industries‚ and live very public lifestyles‚ promoting both themselves and their companies through their activities. This is done with a view to determine which leadership style is better suited to the environment they are operating in
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Strategies * Sports Division * Aviation Division | 8 9 12 | (IV) SWOT Analysis | 18 | (V) Recommendations & Conclusions | 25 | Introduction United Breweries Group or UB Group is an Indian conglomerate company owned by Dr. Vijay Mallya‚ based in Bangalore‚ India. The company has annual sales of over US$4 billion and a market capitalization of approximately US$12 billion. Its core business includes beverages‚ aviation‚ electrical and chemicals. The company markets beer under the Kingfisher
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ROLE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT The entrepreneur who is a business leader looks for ideas and puts them into effect in fostering economic growth and development. Entrepreneurship is one of the most important input in the economic development of a country. The entrepreneur acts as a trigger head to give spark to economic activities by his entrepreneurial decisions. He plays a pivotal role not only in the development of industrial sector of a country but also in the development of
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We all know that leadership is a personal quality of an individual who organizes the efforts of the followers and directs their activities towards the achievements of organizational goals. It is always the ability persuade others to seek clear goals actively. Therefore leadership is an important quality for the development and success of organization. It is the manager in his leadership role who has to stimulate and inspire the employees of every organization to contribute willingly‚ cooperatively
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stakes by SingTel from 26.96 % to 32.8 % in Bharti Telecom was worth $252 million (Rs. 10.9 billion in Indian currency). In the Foods and FMCG sector a controlling stake of Shaw Wallace and Company was acquired by United Breweries Group owned by Vijay Mallya. This deal was worth $371.6 million (Rs. 16.2 billion in Indian currency). Another important one in this sector‚ worth $48.2 million (Rs 2.1 billion in Indian currency) was the acquisition of 90% stake in Williamson Tea Assam by McLeod Russell
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INTRODUCTION Kingfisher was one of the largest aviation companies in India. It was set up in the year 2003 by the United Breweries Group but shut down its operations in 2012 as it never made profit. In 2015‚ United Bank of India declared Vijay Mallya‚ the company’s promoter and chairman‚ a ‘wilful defaulter’. The company owed more than rupees 80 billion in unpaid loans to banks and tax authorities‚ employees had claims against the company for unpaid amounts. ANALYSIS Q1.Who is obliged to repay a
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LABOUR UNREST & ITS CAUSES & IMPACTS “KINGFISHER AIRLINES” Kingfisher Airlines Ltd ‚ controlled by liquor baron Vijay Mallya‚ cancelled all flights through Thursday because of labour unrest and was ordered by the aviation regulator to submit a revival plan before it can fly again. The heavily indebted airline‚ which has been months behind on salary payments‚ saw its operations come to a grinding halt on Monday after disgruntled engineers responsible for aircraft safety checks threatened
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a dynamic‚ extremely talented and experienced team: Board of Directors Dr. Vijay Mallya‚ Chairman & CEO Mr.Subhash Gupte‚ Vice±Chairman‚ The UB Group Mr. Piyush Mankad Mr. A.K. Ravi Nedungadi Diwan Arun Nanda Mr. V.K. Rekhi Dr. Naresh Trehan Mr. Rup Pillai Management Team Kingfisher Airlines is led by a dynamic‚ extremely talented andexperienced team: Board of Directors Dr. Vijay Mallya‚ Chairman & CEO Mr. Subhash Gupte‚ Vice–Chairman‚ The UB Group
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ADVERTISING AND BRAND MANAGEMENT TOPIC: KINGFISHER AIRLINES IN AVIATION INDUSTRY Instructor: Prof. JAYA GOPALKRISHNAN Submitted By: SOMNATH SAHA PGPM/09-11/ 108 ASHIS ROUTRAY PGPM/09-11/ 70 CHINMAYA KUMAR TRIPATHY PGPM/09-11/ 76 PREETI PGPM/09-11/ 94 MRITYUNJOY DUTTA PGPM/09-11/ 86 SOUMYARANI PANDA PGPM/09-11/ 110
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