PROJECT REPORT ON “KINGFISHER AIRLINES” [pic] Submitted in Partial Fulfillment for the Award of the Degree of Bachelor in Business Administration 2010-2012 Under the Guidance of:
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Ghashiram Kotwal is a Marathi play written by playwright Vijay Tendulkar in 1972 as a response to the rise of a local political party‚ Shiv Sena‚ in Maharashta.[1][2] The play is a political satire‚ written as historical drama. Based on the life of Nana Phadnavis (1741–1800)‚ one of the prominent ministers in the court of the Peshwa of Pune. Its theme is how men in power give rise to ideologies to serve their purposes‚ and later destroy them when they become useless. It was first performed on 16
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suspended by the Directorate General of Civil Aviation. BUSINESS STRATEGY Once voted the best carrier in India‚ the business model of Kingfisher Airlines was always a recipe for disaster. Those in the aviation business were amazed and amused to see Vijay Mallya‚ splurging on the Airlines as if there was no tomorrow. KFA was an airline for people with a taste for luxury‚ while its astronomical fares pushed it out of the bounds of the country’s biggest consumer section the middle class. BUSINESS STRATEGY
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respectively in 2011. Also the firm increased its EBIT margin from 4.3 % in 2006 to over 9.1% in 2011. Given this strong financial performance the stock has clearly outperformed the SENSEX‚ the leading benchmark index of the Bombay Stock Exchange . Dr. Vijay Mallya is the chairman of UNITED BREWERIES GROUP and Kingfisher Airlines. He is a MP in the Indian Parliament and co-owns the Formula One team Force India. Both‚ Heineken and UB Group have a 37.5% stake in UNITED BREWERIES LTD. The rest‚ 25%‚ is free
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shine with late night IPL after parties attended by the socialites‚ sports person and young fashionistas. Pune also experiences racing season every year conducted by Royal Western India Turf Club Ltd. (RWITC) which brings together socialites like Vijay Mallya‚ Cyrus Poonawala and Madhur Bajaj among others together. We also see the youths of Pune flocking together to International musical concerts held in the city and dancing to the beats of international stars like Bryan Adams‚ David Guetta‚ Dj Astrix
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being isolated from the world around you which is the highest defeat of the person that even after getting success he don’t found anybody to celebrate with; so ultimately it is your biggest failiure & not the success. Even the business tycoon ‘vijay mallya ‘says that his philosphy of work is ‘first work hard and then party hard’. It states that each person needs some recreation or solace in his life to shed away the stress and dullness from it. It is rightly said that human wants are unlimited
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Is Kingfisher is heading towards Bankruptcy? The financial agonies for Kingfisher Airlines (KFA) are seeming to become insurmountable. After being forced to massively scale down its operations and ground more than half of its fleet in the month of Feb 2012 when the IT-Dept froze its bank accounts over non-payment of tax dues‚ the estranged airliner has now cancelled all of its international operations and has the aviation regulator (DGCA) as well as the govt. breathing down its throat questioning
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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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A PROJECT REPORT ON KINGFISHER AIRLINES LTD. Overview of Airlines industry in India The aviation industry in India is one of those sectors that saw a constant pace of growth among the other industries in the world over the past many years. The open sky policy of the government has helped a lot of overseas players entering the aviation market in India. From then‚ it has only been growing in terms of players and the number of aircrafts. At present‚ private airlines
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UB group UB group based in Bangalore‚ is a conglomerate of different companies with a major focus on the brewery (beer) and alcoholic beverages industry. The company markets most of its beer under the Kingfisher brand. The group is headed by Dr Vijay Mallya. The UB Group was founded by a Scotsman‚ Thomas Leishman in 1857. Kingfisher‚ the Group’s most visible and profitable brand‚ made a modest entry in the sixties. During the 1950’s and 60’s‚ the company expanded greatly by acquiring other breweries
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