India Developing, but still a long way to go
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patentneer
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Tata plans to be $ 500 Billion by 2020.
Pak entire economy maybe same-same by then.
And Tatas don't bs :phew: .
Surajeet Das Gupta | New Delhi - Apr 02 , 2012
Last Update at 00:57 IST
Ratan Tata's Vision 2020:
-------------------------
A $500-bn Global Empire
-------------------------
Eight months before handing over the reins of the Tata Group empire to his successor, Ratan Tata has detailed a vision under which the group’s turnover will hit $500 billion (Rs 25 lakh crore) by 2020-21. That’s a fivefold increase over the expected turnover of $100 billion (Rs 5 lakh crore) in the financial year that ended on Saturday.
Tata unveiled his vision in an annual group management meet held a few weeks ago in Mumbai’s Taj Mahal hotel and attended by about 500 top executives of various group companies. The meeting was also webcast to other senior employees across the country and abroad. Tata’s speech was followed by a question and answer session. The group chairman, who would step down in December this year, was accompanied in the meeting by Cyrus Mistry, who would take over the baton of the diversified group. Tata told his top executives that despite scepticism, his push to internationalise the group through acquisitions had been a key factor in its growth. Without those acquisitions, the group would have reached a turnover of only $65 billion, he said.
A Tata Sons spokesperson declined to comment on the issue.
Tata’s vision for the future assumes an annual compounded annual growth rate (CAGR) of over 20 per cent for the next nine years. This is in line with the growth he has achieved in his 20-year tenure as chairman. The group registered a 22 per cent CAGR between FY 1992 and FY 2011, the tenure in which he was chairman. That is much faster than the nominal growth rate in agricultural GDP during the period. In 2010-11, the Tata group had a turnover of over $83 billion (Rs 4.15 lakh crore). The scale of Tata’s ambition is evident from the fact that in the 2011 Fortune 500 global list, the largest company was Walmart, with a turnover of $421 billion (Rs 21.05 lakh crore).
During his tenure, Tata registered a 21.84 per cent CAGR in profit after tax (PAT) and 23.52 per cent in market capitalisation. That, of course, comes down to 18 per cent if Tata Consultancy Services (listed in 2004) is excluded. Many analysts argue the group is still heavily dependent on the top three companies — TCS, Tata Steel and Tata Motors — which account for almost 72.43 per cent of sales and 83.57 per cent of PAT of the 31 listed companies in the group.
While Tata’s single biggest achievement has been his ambitious global acquisition strategy, many have also argued that it has led to burgeoning debt in the group. Between 1991 and 2003, the group made five purchases; in 2004, it rose to seven; in 2005, to 17; and between 2006 and 2010, there were 36 acquisitions.
His big-bang takeovers started with Tata Tea’s takeover of iconic UK brand Tetley, for $450 million in 2000. In 2007, Tata Steel bought Corus, Europe’s second largest steelmaker, for $12.1 billion. Just a year later, Tata Motors paid $2.3 billion for Jaguar Land Rover.
Pak entire economy maybe same-same by then.
And Tatas don't bs :phew: .
Surajeet Das Gupta | New Delhi - Apr 02 , 2012
Last Update at 00:57 IST
Ratan Tata's Vision 2020:
-------------------------
A $500-bn Global Empire
-------------------------
Eight months before handing over the reins of the Tata Group empire to his successor, Ratan Tata has detailed a vision under which the group’s turnover will hit $500 billion (Rs 25 lakh crore) by 2020-21. That’s a fivefold increase over the expected turnover of $100 billion (Rs 5 lakh crore) in the financial year that ended on Saturday.
Tata unveiled his vision in an annual group management meet held a few weeks ago in Mumbai’s Taj Mahal hotel and attended by about 500 top executives of various group companies. The meeting was also webcast to other senior employees across the country and abroad. Tata’s speech was followed by a question and answer session. The group chairman, who would step down in December this year, was accompanied in the meeting by Cyrus Mistry, who would take over the baton of the diversified group. Tata told his top executives that despite scepticism, his push to internationalise the group through acquisitions had been a key factor in its growth. Without those acquisitions, the group would have reached a turnover of only $65 billion, he said.
A Tata Sons spokesperson declined to comment on the issue.
Tata’s vision for the future assumes an annual compounded annual growth rate (CAGR) of over 20 per cent for the next nine years. This is in line with the growth he has achieved in his 20-year tenure as chairman. The group registered a 22 per cent CAGR between FY 1992 and FY 2011, the tenure in which he was chairman. That is much faster than the nominal growth rate in agricultural GDP during the period. In 2010-11, the Tata group had a turnover of over $83 billion (Rs 4.15 lakh crore). The scale of Tata’s ambition is evident from the fact that in the 2011 Fortune 500 global list, the largest company was Walmart, with a turnover of $421 billion (Rs 21.05 lakh crore).
During his tenure, Tata registered a 21.84 per cent CAGR in profit after tax (PAT) and 23.52 per cent in market capitalisation. That, of course, comes down to 18 per cent if Tata Consultancy Services (listed in 2004) is excluded. Many analysts argue the group is still heavily dependent on the top three companies — TCS, Tata Steel and Tata Motors — which account for almost 72.43 per cent of sales and 83.57 per cent of PAT of the 31 listed companies in the group.
While Tata’s single biggest achievement has been his ambitious global acquisition strategy, many have also argued that it has led to burgeoning debt in the group. Between 1991 and 2003, the group made five purchases; in 2004, it rose to seven; in 2005, to 17; and between 2006 and 2010, there were 36 acquisitions.
His big-bang takeovers started with Tata Tea’s takeover of iconic UK brand Tetley, for $450 million in 2000. In 2007, Tata Steel bought Corus, Europe’s second largest steelmaker, for $12.1 billion. Just a year later, Tata Motors paid $2.3 billion for Jaguar Land Rover.
buddyboyyash
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Rail Link to Kashmir to be launched tomorrow
NEW DELHI: Kashmir's dream of an all-weather surface link will turn into a reality on Tuesday when Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi inaugurate the rail link between Banihal to Qazigund in the valley.
Singh and Gandhi will jointly flag off the first train at around 11.50am on the 18-km-long section between Banihal in Jammu and Qazigund in Kashmir, marking the start of the rail service to the valley.
The 8-coach train will make regular operation from Banihal to Baramulla from June 27 after the inaugural run on June 26.
The Banihal-Baramulla-Banihal train will make five trips daily beginning at 7.10am from Banihal and 7.35am from Baramulla.
Railway minister Mallikarjun Kharge, Jammu and Kashmir governor NN Vora and chief minister Omar Abdullah along with other central ministers Farooq Abdullah and Ghulam Nabi Azad are expected to be present on the historic occasion.
"We have seven pairs of trains to run between Banihal and Baramulla. Earlier there were five rakes only but now it has been increased," said a senior Northern railway official.
The Banihal-Qazigund section, which includes an 11-km-long tunnel, will reduce the distance from 35 km (by road) to 18 km. It has been constructed at a cost of Rs 1,691 crore.
This rail section is very significant as it will provide an all-weather link to Kashmir valley which often gets cut off from the rest of the country due to snowfall during winters.
Passengers travelling by train from Kashmir Valley to Banihal can avail bus service from there till Udhampur where train service is available for the rest of the country.
Northern Railway is coordinating with Jammu and Kashmir government for arrangements for the bus service.
"The bus service will be available from Udhampur to facilitate passengers availing train from Banihal next month," a senior Northern Railway official said.
Train service is already operational within Kashmir valley on the 118-km-long route between Qazigund and Baramulla in north Kashmir.
"It (Qazigund-Banihal section) was a challenging task. Besides the difficult terrain, land was acquired for the Kashmir rail link project in adverse law and order situation in the state," the official said.
Trial run on Banihal-Qazigund section was successfully done on December 28 last year and since then trains carrying stones are running on regular basis.
Currently, problems are being faced by passengers travelling between Banihal and Qazigund due to closure of Jawahar Tunnel in winter months due to heavy snowfall.
Last winter, only one-way vehicular movement was allowed between Jammu and Srinagar on national highway. There were sudden closures for almost four months from December 2012 to March this year due to heavy snowfall and slippery conditions.
"All these problems will be reduced to a large extent by running of train services between Banihal and Qazigund," the Northern Railway official said, adding that "it will be a cheaper, faster and dependable mode of transport for the people."
Known as Pir Panjal tunnel, it is the longest transportation tunnel in India and third longest in Asia. The tunnel has been constructed at an estimated cost of Rs 1,300 crore and taken almost seven years to complete.
The tunnel has been constructed using New Austrian Tunnelling Method, which has been used for the first time on such a large scale in India.
This method optimises the tunnel design by mobilising the inherent ground strength in adopting a curved section, providing primary support system immediately after excavation and monitoring the ground behaviour while permitting it to develop its inherent strength.
A three-meter wide road has been provided inside the tunnel for maintenance and emergency rescue and relief operations. The tunnel has been made water-proof by providing continuous PVC membrane between primary and secondary lining.
It has also been equipped with the state-of-the-art air quality monitoring system, ventilation system, communication system, fire fighting system and emergency rescue system.
Rail link to Kashmir valley to be launched tomorrow - The Times of India
Rail Link to Kashmir to be launched tomorrow
NEW DELHI: Kashmir's dream of an all-weather surface link will turn into a reality on Tuesday when Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi inaugurate the rail link between Banihal to Qazigund in the valley.
Singh and Gandhi will jointly flag off the first train at around 11.50am on the 18-km-long section between Banihal in Jammu and Qazigund in Kashmir, marking the start of the rail service to the valley.
The 8-coach train will make regular operation from Banihal to Baramulla from June 27 after the inaugural run on June 26.
The Banihal-Baramulla-Banihal train will make five trips daily beginning at 7.10am from Banihal and 7.35am from Baramulla.
Railway minister Mallikarjun Kharge, Jammu and Kashmir governor NN Vora and chief minister Omar Abdullah along with other central ministers Farooq Abdullah and Ghulam Nabi Azad are expected to be present on the historic occasion.
"We have seven pairs of trains to run between Banihal and Baramulla. Earlier there were five rakes only but now it has been increased," said a senior Northern railway official.
The Banihal-Qazigund section, which includes an 11-km-long tunnel, will reduce the distance from 35 km (by road) to 18 km. It has been constructed at a cost of Rs 1,691 crore.
This rail section is very significant as it will provide an all-weather link to Kashmir valley which often gets cut off from the rest of the country due to snowfall during winters.
Passengers travelling by train from Kashmir Valley to Banihal can avail bus service from there till Udhampur where train service is available for the rest of the country.
Northern Railway is coordinating with Jammu and Kashmir government for arrangements for the bus service.
"The bus service will be available from Udhampur to facilitate passengers availing train from Banihal next month," a senior Northern Railway official said.
Train service is already operational within Kashmir valley on the 118-km-long route between Qazigund and Baramulla in north Kashmir.
"It (Qazigund-Banihal section) was a challenging task. Besides the difficult terrain, land was acquired for the Kashmir rail link project in adverse law and order situation in the state," the official said.
Trial run on Banihal-Qazigund section was successfully done on December 28 last year and since then trains carrying stones are running on regular basis.
Currently, problems are being faced by passengers travelling between Banihal and Qazigund due to closure of Jawahar Tunnel in winter months due to heavy snowfall.
Last winter, only one-way vehicular movement was allowed between Jammu and Srinagar on national highway. There were sudden closures for almost four months from December 2012 to March this year due to heavy snowfall and slippery conditions.
"All these problems will be reduced to a large extent by running of train services between Banihal and Qazigund," the Northern Railway official said, adding that "it will be a cheaper, faster and dependable mode of transport for the people."
Known as Pir Panjal tunnel, it is the longest transportation tunnel in India and third longest in Asia. The tunnel has been constructed at an estimated cost of Rs 1,300 crore and taken almost seven years to complete.
The tunnel has been constructed using New Austrian Tunnelling Method, which has been used for the first time on such a large scale in India.
This method optimises the tunnel design by mobilising the inherent ground strength in adopting a curved section, providing primary support system immediately after excavation and monitoring the ground behaviour while permitting it to develop its inherent strength.
A three-meter wide road has been provided inside the tunnel for maintenance and emergency rescue and relief operations. The tunnel has been made water-proof by providing continuous PVC membrane between primary and secondary lining.
It has also been equipped with the state-of-the-art air quality monitoring system, ventilation system, communication system, fire fighting system and emergency rescue system.
http://timesofindia.indiatimes.com/india/Rail-link-to-Kashmir-valley-to-be-launched-tomorrow/articleshow/20756514.cms
NEW DELHI: Kashmir's dream of an all-weather surface link will turn into a reality on Tuesday when Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi inaugurate the rail link between Banihal to Qazigund in the valley.
Singh and Gandhi will jointly flag off the first train at around 11.50am on the 18-km-long section between Banihal in Jammu and Qazigund in Kashmir, marking the start of the rail service to the valley.
The 8-coach train will make regular operation from Banihal to Baramulla from June 27 after the inaugural run on June 26.
The Banihal-Baramulla-Banihal train will make five trips daily beginning at 7.10am from Banihal and 7.35am from Baramulla.
Railway minister Mallikarjun Kharge, Jammu and Kashmir governor NN Vora and chief minister Omar Abdullah along with other central ministers Farooq Abdullah and Ghulam Nabi Azad are expected to be present on the historic occasion.
"We have seven pairs of trains to run between Banihal and Baramulla. Earlier there were five rakes only but now it has been increased," said a senior Northern railway official.
The Banihal-Qazigund section, which includes an 11-km-long tunnel, will reduce the distance from 35 km (by road) to 18 km. It has been constructed at a cost of Rs 1,691 crore.
This rail section is very significant as it will provide an all-weather link to Kashmir valley which often gets cut off from the rest of the country due to snowfall during winters.
Passengers travelling by train from Kashmir Valley to Banihal can avail bus service from there till Udhampur where train service is available for the rest of the country.
Northern Railway is coordinating with Jammu and Kashmir government for arrangements for the bus service.
"The bus service will be available from Udhampur to facilitate passengers availing train from Banihal next month," a senior Northern Railway official said.
Train service is already operational within Kashmir valley on the 118-km-long route between Qazigund and Baramulla in north Kashmir.
"It (Qazigund-Banihal section) was a challenging task. Besides the difficult terrain, land was acquired for the Kashmir rail link project in adverse law and order situation in the state," the official said.
Trial run on Banihal-Qazigund section was successfully done on December 28 last year and since then trains carrying stones are running on regular basis.
Currently, problems are being faced by passengers travelling between Banihal and Qazigund due to closure of Jawahar Tunnel in winter months due to heavy snowfall.
Last winter, only one-way vehicular movement was allowed between Jammu and Srinagar on national highway. There were sudden closures for almost four months from December 2012 to March this year due to heavy snowfall and slippery conditions.
"All these problems will be reduced to a large extent by running of train services between Banihal and Qazigund," the Northern Railway official said, adding that "it will be a cheaper, faster and dependable mode of transport for the people."
Known as Pir Panjal tunnel, it is the longest transportation tunnel in India and third longest in Asia. The tunnel has been constructed at an estimated cost of Rs 1,300 crore and taken almost seven years to complete.
The tunnel has been constructed using New Austrian Tunnelling Method, which has been used for the first time on such a large scale in India.
This method optimises the tunnel design by mobilising the inherent ground strength in adopting a curved section, providing primary support system immediately after excavation and monitoring the ground behaviour while permitting it to develop its inherent strength.
A three-meter wide road has been provided inside the tunnel for maintenance and emergency rescue and relief operations. The tunnel has been made water-proof by providing continuous PVC membrane between primary and secondary lining.
It has also been equipped with the state-of-the-art air quality monitoring system, ventilation system, communication system, fire fighting system and emergency rescue system.
Rail link to Kashmir valley to be launched tomorrow - The Times of India
Rail Link to Kashmir to be launched tomorrow
NEW DELHI: Kashmir's dream of an all-weather surface link will turn into a reality on Tuesday when Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi inaugurate the rail link between Banihal to Qazigund in the valley.
Singh and Gandhi will jointly flag off the first train at around 11.50am on the 18-km-long section between Banihal in Jammu and Qazigund in Kashmir, marking the start of the rail service to the valley.
The 8-coach train will make regular operation from Banihal to Baramulla from June 27 after the inaugural run on June 26.
The Banihal-Baramulla-Banihal train will make five trips daily beginning at 7.10am from Banihal and 7.35am from Baramulla.
Railway minister Mallikarjun Kharge, Jammu and Kashmir governor NN Vora and chief minister Omar Abdullah along with other central ministers Farooq Abdullah and Ghulam Nabi Azad are expected to be present on the historic occasion.
"We have seven pairs of trains to run between Banihal and Baramulla. Earlier there were five rakes only but now it has been increased," said a senior Northern railway official.
The Banihal-Qazigund section, which includes an 11-km-long tunnel, will reduce the distance from 35 km (by road) to 18 km. It has been constructed at a cost of Rs 1,691 crore.
This rail section is very significant as it will provide an all-weather link to Kashmir valley which often gets cut off from the rest of the country due to snowfall during winters.
Passengers travelling by train from Kashmir Valley to Banihal can avail bus service from there till Udhampur where train service is available for the rest of the country.
Northern Railway is coordinating with Jammu and Kashmir government for arrangements for the bus service.
"The bus service will be available from Udhampur to facilitate passengers availing train from Banihal next month," a senior Northern Railway official said.
Train service is already operational within Kashmir valley on the 118-km-long route between Qazigund and Baramulla in north Kashmir.
"It (Qazigund-Banihal section) was a challenging task. Besides the difficult terrain, land was acquired for the Kashmir rail link project in adverse law and order situation in the state," the official said.
Trial run on Banihal-Qazigund section was successfully done on December 28 last year and since then trains carrying stones are running on regular basis.
Currently, problems are being faced by passengers travelling between Banihal and Qazigund due to closure of Jawahar Tunnel in winter months due to heavy snowfall.
Last winter, only one-way vehicular movement was allowed between Jammu and Srinagar on national highway. There were sudden closures for almost four months from December 2012 to March this year due to heavy snowfall and slippery conditions.
"All these problems will be reduced to a large extent by running of train services between Banihal and Qazigund," the Northern Railway official said, adding that "it will be a cheaper, faster and dependable mode of transport for the people."
Known as Pir Panjal tunnel, it is the longest transportation tunnel in India and third longest in Asia. The tunnel has been constructed at an estimated cost of Rs 1,300 crore and taken almost seven years to complete.
The tunnel has been constructed using New Austrian Tunnelling Method, which has been used for the first time on such a large scale in India.
This method optimises the tunnel design by mobilising the inherent ground strength in adopting a curved section, providing primary support system immediately after excavation and monitoring the ground behaviour while permitting it to develop its inherent strength.
A three-meter wide road has been provided inside the tunnel for maintenance and emergency rescue and relief operations. The tunnel has been made water-proof by providing continuous PVC membrane between primary and secondary lining.
It has also been equipped with the state-of-the-art air quality monitoring system, ventilation system, communication system, fire fighting system and emergency rescue system.
http://timesofindia.indiatimes.com/india/Rail-link-to-Kashmir-valley-to-be-launched-tomorrow/articleshow/20756514.cms
Get your head out of your delusional *** , if you can.
President
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still in your diapers looks like
Bombaywalla
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Wherever there are autos, scooters and bikes, lane discipline goes for a complete toss. Sad.
Bombaywalla
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The Eastern Freeway (Bombay) connects P D'Mello road in SoBo and R.K Studio circle in the eastern suburb of Chembur. Here are some photos I took earlier today...
The northbound on-ramp...
The northbound on-ramp...
buddyboyyash
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Mumbai. I wish people followed lane discipline.
among the many cities of india i have visited....i found more traffic discipline in mumbai than anywhere else
Bombaywalla
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The Eastern Freeway, Bombay contd...
Approaching an overhead monorail line east of Wadala...
Some people in Bombay live really far out...
cc: me
Approaching an overhead monorail line east of Wadala...
Some people in Bombay live really far out...
cc: me
Bombaywalla
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The Eastern Freeway, Bombay contd...
At this point, the freeway narrows back into a 2x2 carriageway. The 4x4 carriageway willbe restored once the second tunnel and viaduct open. Continuing north-east with caution...
MAN (India) lorries carrying precast roadway segments...
At this point, the freeway narrows back into a 2x2 carriageway. The 4x4 carriageway willbe restored once the second tunnel and viaduct open. Continuing north-east with caution...
MAN (India) lorries carrying precast roadway segments...
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