ORGANISATIONL BEHAVIOUR ASSINGMENT.

PRESENTED BY :FARHIN GHANCHI SHAGUFTA QURESHI ROHIT SHARMA NAMRATA SINGH MOHIT SURANA CHIT DESAI 15 41 47 49 53 57

CONTENT : FINANCE SERVICES TATA GROUP ADITYA BIRLA GROUP BAJAJ FINANCE INDIABULLS

FINANCE SERVICES
FINANCIAL SECTOR
Definition of 'Financial Sector'
A category of stocks containing firms that provide financial services to commercial and retail customers. This sector includes banks, investment funds, insurance companies and real estate.

Investopedia explains 'Financial Sector'

Financial services perform best in low interest rate environments. A large portion of this sector generates revenue from mortgages and loans, which gain value as interest rates drop. Furthermore, when the business cycle is in an upswing, the financial sector benefits from additional investments. Improved economic conditions usually lead to more capital projects and increased personal investing. New projects require financing, which usually leads to a larger number of loans.

MEANING
FINANCIAL SECTOR
The Indian financial sector is in for an overhaul. Financial sector reforms have long been regarded as an integral part of the overall policy reforms in India. India has recognized that these reforms are imperative for increasing the efficiency of resource mobilization and allocation in the real economy and for the overall macroeconomic stability. The reforms have been driven by a thrust towards liberalization and several initiatives such as liberalization in the interest rate and reserve requirements have been taken on this front. At the same time, the government has emphasized on stronger regulation aimed at strengthening prudential norms, transparency and supervision to mitigate the prospects of systemic risks. Today the Indian financial structure is inherently strong, functionally diverse, efficient and globally competitive. During the last fifteen years, the Indian financial system has been incrementally deregulated and exposed to international financial markets along with the introduction of new instruments and products.

FINANCIAL SECTOR IN INDIA

Financial Sector of India is intrinsically strong, operationally sundry and exhibits competence and flexibility besides being sensitive to Indias economic aims of developing a market oriented, industrious and viable economy. An established financial sector assists greater standards of endowments and endorses expansion in the economy with its intensity and exposure. The fiscal sector in India entails banks, financial organization, markets and services. The sector is classified as organized and conventional sector that is also recognized as unofficial finance market. Fiscal transactions in an organized industry are executed by a number of financial organizations which are commercial in nature and offer monetary services to the society. Further classification includes banking and non-banking enterprises, often recognized as activities that are client specific.

The chief controller of the finance in India is the Reserve Bank of India (RBI) and is regarded as the supreme organization in the fiscal structure. Other significant fiscal organizations are business banks, domestic rural banks, cooperative banks and development banks. Non-banking fiscal organizations entail credit and charter firms and other organizations like Unit Trust of India, Provident Funds, Life Insurance Corporation, Mutual funds, GIC, etc.

Financial Sector of India Eligibility for government autonomy

Mentioned below are certain criterions that are required to be fulfilled for acquiring government autonomy in India:

Availability of sufficient fund of up to 8% Accessibility of total non-performing wealth of below 9% Minimum net possessed funds of more than USD 2.5 million and net revenues of minimum past three years. Financial institutions that satisfy the abovementioned requirements will be authorized functional independence in almost all managerial areas.

Financial Sector of India RBI guidelines for NBFC's

The Reserve Bank of India has relaxed its guidelines for the operation of non-bank finance companies (NBFCs) in India considering the various investments from the investors. It has also permitted leasing of machinery and rent-buying credit firms with endowment level rankings to avail public savings increase the maximum limit on the amount of public investments on these NBFCs that may allow and expand the closing date for observance on its norms by two years. The fiscal competitiveness of several NBFCs persists to be of importance to the administration and reserve bank of India controllers. There is a significant merging activity in this industry as NBFCs are regulated by stringent yardsticks that are obligatory to fulfill. In addition, India has entered into new agreements with WTO in the area of fiscal services in Geneva on December 1997.

Financial Sector of India Chief Characteristics

Some of the major characteristics of Financial Sector of India are:

The financial sector of India allows Most Favored Nation (MFN) reputation to all international banks and firms offering financial facilities. The sector has relaxed previous MFN tax exemption on banking activities. Allows 12 new financial bank division authorizations every year to international banks, that is higher as compared to the existing 8 every year. Raises the 10% limit of reinsurance by insurance firms in India. Permits 51% foreign endowment in fiscal advisory, issuing, hiring, business enterprise capital, business banking and non-banking credit firms.

TATA GROUP
Tata Group is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India.[3] It encompasses seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. Tata Group has operations in more than 80 countries across six continents and its companies export products and services to 80 nations. It has over 100 operating companies each of them operates independently out of them 31 are publicly listed. [4] The major Tata companies are Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power,Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Taj Hotels.[5] The combinedmarket capitalisation of all the 31 listed Tata companies are $76.76 billion as of July 2012. The group takes the name of its founder, Jamsedji Tata, a member of whose family has almost invariably been the chairman of the group. The current chairman of the Tata group is Ratan Tata, who took over from J. R. D. Tata in 1991. The company is currently in its fifth generation of family stewardship.[6] Tata Sons is the promoter of all key Tata companies and holds the bulk of shareholding in these companies. The chairman of Tata Sons has traditionally been the chairman of the Tata group. About 66% of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the Tata family. The 2009, annual survey by the Reputation Institute ranked Tata Group as the 11th most reputable company in the world.[7] The survey included 600 global companies. The Tata Group has helped establish and finance numerous quality research, educational and cultural institutes in India.[8][9] The group was awarded the Carnegie Medal of Philanthropy in 2007 in recognition of its long history of philanthropic activities.[10] Tata receives more than 58% of its revenue from outside India.[11]

History
The Tata Group was founded as a private trading firm in 1868 by entrepreneur and philanthropist Jamsetji Nusserwanji Tata.[12] In 1902 the group incorporated the Indian Hotels Company to commission the Taj Mahal Palace & Tower, the first luxury hotel in India, which opened the following year. After Jamsetjis death in 1904, his son Sir Dorab Tata took over as chair of the Tata Group. Under Dorabs leadership the group quickly diversified, venturing into a vast array of new industries, including steel (1907), electricity (1910), education (1911), consumer goods (1917), and aviation (1932). [13] Following Dorabs death in 1932, Sir Nowroji Saklatwala became the groups chair. Six years later Jehangir Ratanji Dadabhoy Tata (J.R.D.) took over the position. His continued expansion of the company into new sectorssuch as chemicals (1939), technology (1945), cosmetics (1952), marketing, engineering, and manufacturing (1954), tea (1962), and software services (1968)earned Tata Group international recognition. In 1945 Tata Group established the Tata Engineering and Locomotive Company (TELCO) to manufacture engineering and locomotive products; it was renamed Tata Motors in 2003. In 1991 J.R.D.s nephew, Indian business mogul Ratan Naval Tata, succeeded him as chairman of the Tata Group.[14] Upon assuming leadership of the conglomerate, Ratan aggressively sought to expand it, and increasingly he focused on globalizing its businesses

ADITYA BIRLA GROUP

Aditya Birla Finance (ABF) is one of India's leading non-banking financial companies (NBFC). Incorporated in 1991, the company is one of the largest players in security based lending and the pioneer of IPO Financing in India. ABF offers specialised solutions in areas of capital market and corporate finance. The Capital Market Group offers its customers the best opportunity to meet their liquidity requirements by providing finance for investments in the capital market. The Corporate Finance Group deals with SMEs and large corporate clients and aims to provide innovative and customized solutions to meet all their funding needs. With a view to capitalise on the opportunities in the infrastructure, core and emerging sectors, ABF has expanded its product suite to include project and structured finance solutions catering primarily to the growing mid-market clients across the country. The company hopes to contribute to the development of infrastructure facilities in the country, a key driver for growth and development. Through its financing solutions, Aditya Birla Finance enables its customers to pursue ambitious growth strategies and execute value-creating transactions

Capital structure
Capital Structure - Aditya Birla Money Ltd. Period From To 2011 2012 2010 2011 2009 2010 2008 2009 2007 2008 2006 2007 2005 2006 2004 2005 2003 2004 Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Instrument Authorized Issued Capital Capital (Rs. cr) 15.0 15.0 15.0 15.0 15.0 15.0 7.0 5.0 (Rs. cr) 5.5 5.5 5.5 5.5 5.5 5.5 2.8 2.8 -PAIDUPShares (nos) Face Value Capital (Rs. Cr) 5.5 5.5 5.5 5.5 5.5 5.5 2.8 2.8

55400000 1.0 55400000 1.0 55400000 1.0 55400000 1.0 5540000 10.0 5540000 10.0 2770000 10.0 2770000 10.0

Key people

Mr. Aditya Vikram Birla's

The roots of the Aditya Birla Group date back to the 19th century in the picturesque town of Pilani, set amidst the Rajasthan desert. It was here that Seth Shiv Narayan Birla started trading in cotton, laying the foundation for the House of Birlas. Through India's arduous times of the 1850s, the Birla business expanded rapidly. In the early part of the 20th century, our Group's founding father, Ghanshyamdas Birla, set up industries in critical sectors such as textiles and fibre, aluminium, cement and chemicals. As a close confidante of Mahatma Gandhi, he played an active role in the Indian freedom struggle. He represented India at the first and second round-table conference in London, along with Gandhiji. It was at "Birla House" in Delhi that the luminaries of the Indian freedom struggle often met to plot the downfall of the British Raj. Ghanshyamdas Birla found no contradiction in pursuing business goals with the dedication of a saint, emerging as one of the foremost industrialists of pre-independence India. The principles by which he lived were soaked up by his grandson, Aditya Vikram Birla, our Group's legendary leader

Present key person in birla group

Soft-spoken and extremely polite, Kumar Mangalam Birla, chairman, Aditya Birla group, is not the archetypa portrayed in the Hindi films he loves to watch. The quiet demeanour, giving the impression of being at peace with h indication of the raging fire in his belly and the insatiable hunger for growth.

After taking charge of the $2 billion empire at the age of 27, post the untimely death of his father Aditya Birla, KMB billion over the last 15 years a feat rivalled by few

Working Enivrionment
At the Aditya Birla Group, opportunities are abundant, the environment warm and the people friendly.

Walk around our offices and you will feel the energy. Minds are constantly in motion researching, innovating and cr industries, forward. We constantly strive to be and do better than the best.

We endeavor to create an ambience where our people have the tools and the freedom to deliver their commitmen the fertile ethos of our Group, they find a career that is personally rewarding and professionally enriching Technology used in aditya birla finance

The Aditya Birla Science and Technology Company (ABSTC) is the corporate research and development cen Taloja, just outside Mumbai in India, ABSTC supports the broad diversity of the Group's businesses through multidis engineers who lead fundamental and applied research projects. The company aims to be a world-class organisation continuously improves core competencies and executes effectively. The centre is supported by state-of-the-art equ led environment. ABSTC has generated extensive intellectual property for the Group, with the filing of more than 50 processes, products and applications The Corporate Technical and Energy Services (CTES) is a sister organisation of ABSTC and it provides service solving and cost reduction by means of energy conservation, waste heat recovery, optimisation of manpower and m operational and maintenance practices, water conservation, electrical systems, etc. CTES also provides support serv thermography and trouble-shooting for plant equipment.

It is actively involved in sharing knowledge and experiences through Group-wide benchmarking studies, and mainta organises corporate technical seminars and publishes newsletters and white papers on various technical issues. It a Group units.

BAJAJ FINANCE
Bajaj Finserv was formed in April 2007 as a result of its demerger from Bajaj Auto Limited to act as a pure play financial services business. The process of demerger was completed in Feb 2008. This demerger was not only to unlock values in the high growth business areas of Auto, Insurance, Finance sectors and Wind Power but also to run independently these core businesses and to strengthen the competencies. The wind power project, the stakes in the life and general insurance companies and consumer finance along with their respective assets and liabilities got vested in Bajaj Finserv Limited. In addition to that cash and cash equivalent of INR 8,000 million (then market value) was also transferred to the company. The demerger has enabled investors to hold separate focused stocks and also facilitate transparent benchmarking of the companies to their peers in their respective industries. The constantly changing demographics and dynamics of the Indian economy, has led to creation of various needs of the average Indian customer. The Indian customer now demands proper avenues of channelizing their savings, financial protection and is also desirous of spending more on valuable goods and services. All these wants need to be met by dynamic players in the financial services space. Bajaj Finserv was formed specifically to cater to these needs. The company was also formed to touch and improve the lives of a growing number of people in the country, and in doing so, deliver superior corporate values to its shareholders. The operating companies carry with them the Bajaj brand, which carries with it decades of commitment to business ethics, integrity and highest standards of fiduciary responsibility.

Capital Structure Of Bajaj Finance

Instrument Authorized Issued Capital Capital From (Rs. (Rs. cr) cr) Equity 2011 75 41.32 Share Equity 2010 50 36.63 Share Equity 2009 50 36.6 Share Equity 2008 50 36.6 Share Equity 2007 50 36.6 Share Equity 2006 50 35.35 Share -PAIDUPShares (nos) 41319076 36629076 36596076 36596076 36596076 35349136 Face Value 10 10 10 10 10 10 Capital 41.32 36.63 36.6 36.6 36.6 35.35

2005 2004 2003 2002 2001 2000 1997 1995 1993 1990 1989 1988 1987

Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share

50 20.99 20 16.49 20 16.49 20 16.49 20 16.49 20 16.49 20 16.49 20 164.91 20 16.49 15 10 15 10 15 15 15 15

20994460 16491200 16491200 16491200 16491200 16490200 16491200 16491200 10003000 10003000 5000000 5000000 5000000

10 10 10 10 10 10 10 10 10 10 10 10 10

20.99 16.49 16.49 16.49 16.49 16.49 16.49 16.49 10 10 5 5 5

Working Enivrinment.
'''The Jankidevi Bajaj Gram Vikas Sanstha''' has taken several steps towards improving the ecological balance. Some of its activities in this area include water conservative projects for improving agricultural productivity, helping build family-size biogas plants, conducting vermiculture projects, and so on.

Key People of Bajaj Finance co.

Jamnalal Bajaj (1884 - 1942)

The Bajaj Group of Companies was founded by Jamnalal Bajaj. An astute businessman, Jamanalals foresight in picking the right business at the right time that generated phenomenal growth. However, his business interests were the means to a larger and holistic end. Very active during Indias freedom struggle, Jamanalal was a philanthropist who delighted in donating most of his wealth for worthy causes. From the beginning, Jamanalal was always more involved in social and philanthropic activities rather than business. He was a staunch follower of Mahatma Gandhi and had the rare distinction of being regarded by Gandhiji as his own protege. Jamanalal assisted in Gandhijis activities and was increasingly involved, and committed to, the Mahatmas programmes and Indias freedom struggle.

Kamalnayan Bajaj (1915 - 1972)

Kamalnayan Bajaj, the eldest son of Jamanalal Bajaj, started shouldering family responsibilities from an early age. After completing his education from University of Cambridge, England, Kamalnayan returned to India to assist his father Jamanalal, both in business and in social service. Kamalnayan was a man of strict principles, which he never swerved from. He had earmarked a large portion of the income from his family business for public causes and social service programmes, the mantle of all of which he had inherited from his father. He always had a sense of a larger social mission, transcending the dictates of business and the bottom line. Every new business venture that Kamalnayan got into, eloquently testified to his legendary business acumen. With tremendous foresight and a spirit of zestful enterprise, Kamalnayan acquired ailing industrial units and then miraculously turned them around. He went on to expand the business by branching into manufacture of scooter, three-wheeler, cement, alloy casting and electricals. In 1954, Kamalnayan took over active management of the Bajaj Group companies.

Ramkrishna Bajaj (1924 - 1994)

Ramkrishna Bajaj, the younger son of Jamanalal, took over after the demise of his elder brother Kamalnayan Bajaj in 1972. In addition to shouldering business responsibilities, Ramkrishnas energies were largely directed towards the social service and social welfare programmes of the Bajaj Group. He was of the firm conviction that he could make an impactful and meaningful contribution to the community through social work. Ramkrishna had a flair and panache for working with youth. He was elected as the Chairman of World Assembly for Youth (India) in 1961. He also held the office of the Managing Trustee of the Indian Youth Centres Trust, which conceived and created the Vishwa Yuvak Kendra in 1968, a trail-blazing organisation in youth development.

Rahul Bajaj (1965 - Present)

Rahul Bajaj, the Chairman and Managing Director of the Bajaj group, is one of India's renowned industrialists and is internationally respected for his business expertise and entrepreneurial character. Rahul Bajaj is the grandson of Jamanlal Bajaj, who founded the Bajaj Group. He completed his schooling from Cathedral, a school in Bombay. Then he further pursed his studies from St Stephen's College, Delhi and Harvard University, USA. He took over control of the Bajaj Group in 1965 and successfully established one of India's best companies.

INDIABULLS

Introduction:Indiabulls is Indias leading Financial and Real Estate Company with a wide presencethroughout India.Indiabulls Financial Services Limited was established in the year 2000 by three promoters all of whom are engineers from Indian Institute of Technology, NewDelhi, and has attracted over Rs 700 million of investments from venture capital firms, private equity funds and institutional investors.

History:Indiabulls Financial Services Limited was incorporated on January 10, 2000 asOrbis Infotech Private Limited at New Delhi.T h e n a m e o f t h e C o m p a n y w a s c h a n g e d t o I n d i a b u l l s F i n a n c i a l S e r v i c e s Private Limited on March 16, 2001 due to change in the main objects of our Company from Infotech business to Investment & Financial Services business. It became a Public Limited Company on February 27, 2004 and the name of the Company was changed to Indiabulls Financial Services Limited.Indiabulls has over 640 branches all over India. The customers of Indiabulls are morethan 4,50,000 which covers from a wide range of financial services and productsfrom securities, derivatives trading, depositary services, research & advisory services,consumer secured & unsecured credit, loan against shares and mortgage & housingfinance. The company employs around 4000 Relationship managers who help theclients to satisfy their customized financial goals. Indiabulls entered the Real Estate business in the year 2005 with its group of companies. . The market capitalization of Indiabulls is around USD 2500 million (29thDecember 2006). Indiabulls and its group companies have attracted USD 500 million of equity c a p i t a l i n F o r e i g n D i r e c t I n v e s t m e n t ( F D I ) s i n c e M a r c h 2 0 0 0 . S o m e o f t h e l a r g e shareholders of Indiabulls are the largest financial institutions of the world such as Fidelity Funds, Goldman Sachs, Merrill Lynch, Morgan Stanley and Farallon Capital .

Growth of Indiabulls
Year 2000-01:
One of Indias first trading platforms was set up by Indiabulls FinancialServices Ltd. with the development of an in-house team.

 Year 2001-03:
The service offered by Indiabulls was increased to include Equity, F&O, Wholesale Debt, Mutual fund, IPO Financing/Distribution and Equity Research.

Year 2003-04
I n t h i s p a r t i c u l a r y e a r I n d i a b u l l s v e n t u r e d i n t o D i s t r i b u t i o n a n d Commodities Trading business.

Year 2004-05
This was one of the most important years in the history of Indiabulls. In this year:Indiabulls came out with its initial public offer (IPO) in September 2004.Indiabulls started its Consumer Finance business.Indiabulls entered the Indian Real Estate market and became the firstcompany to bring FDI in Indian Real Estate.

The Organisationatin Structure

The organizational structure of Indiabulls is Functional, which consist of severaldepartments. Functioning Online :serving clients primarily through an Internet based relationshiptargeted towards clients who value anytime, anywhere access and can be serviced at lowincremental costs. Functioning Offline: serving clients primarily through an office based relationship targeted towards clients who value physical interaction.Online & offline business consist of following departments Administration Operations & Service quality Technology Finance Corporate affairs Human resources Marketing Corporate communications Legal