One of India's finest in a countdown to tougher competition
Article Abstract:
Bajaj Auto Ltd. is India's second most profitable company (following Tisco, the iron and steel company) and the second largest motor scooter manufacturer in the world (after Honda Motor Co.). For 1985, Bajaj Auto posted earnings of $14 million on sales of $232 million, less than one percent of which occurred outside India. As of June 30, 1986, the company was reporting further sales increases to $362 million for the year. Bajaj Auto's founder, Rahul Bajaj, claims a 40 percent share of India's motorized two and three wheel market, but this could change since Rajiv Gandhi's government has opened the market to foreign competition. Moreover, the company's export sales have declined from a high of $11 million in 1981 to $2 million in 1985. Bajaj Auto employs 13,000 people, has basically one product line and operates under a highly centralized management structure. Bajaj Auto refuses to employ women and pays its unskilled laborers 2,000 rupees per month (roughly equivalent to $160).
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1986
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What Benazir Bhutto portends for Pakistan's politics and economy
Article Abstract:
Benizar Bhutto, the 32-year-old leader of the Pakistani opposition to the government of its president, General Mohammed Zia-ul-Haq, is attempting to duplicate the success of Corazon Aquino in the Philippines in achieving a peaceful change of political power in the country through use of 'people power'. Business analysts in the country are unsure about what the effects of Bhutto's control of the country would have in terms of economics, and many believe that although Pakistan is in dire economic straits the return of Bhutto will not help. The varying support Bhutto has received from different aspects of Pakistani society and the financial situation in Pakistan in general are described.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1986
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The splashy Hong Kong debut of a 'red capitalist' from Beijing
Article Abstract:
Wang Guang Ying has lead Ever Bright Industrial Co., the first non-governmental company in China since the revolution of 1949, in a way that has surprised analysts of the Hong Kong real estate market, with Wang able to pull off deal after deal with acumen that belies his communist background. What remains a mystery is how the company is able to finance its multimillion-dollar deals, and questions continue to be asked about Ever Bright's relationship with Beijing, neither of which are topics that Wang is anxious to discuss. Despite his success, many Hong Kong businesspeople are leery of doing business with Wang and Ever Bright, due in part to the mystery that shrouds the company.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1984
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