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SEPT. 25, 2005
 Cover Story
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 BT Special
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Changing Equation
Mid-rung Indian pharmaceutical companies such as Lupin, Torrent, Strides Arcolab and others are looking at global acquisitions to bolster their product portfolios and growth prospects. Will the strategy pay off?


State Of Apathy
Lesson from Mumbai: India's cities are dangerously ill-prepared to tackle nature's fury. Here's what India's CEOs think of her urban hell-holes.
More Net Specials
Business Today,  September 11, 2005
 
 
BT SPECIAL
Are They Still Cool?

Business Today discovers that last year's listers still have it.

Quest CEO Ajit Prabhu: All set to gain from outsourcing
Bartronics' biometric device: For that Godly access
Stents@Vascular Concepts: Eyeing hearts in Europe now
Ayush: Fast moving consumer goods behemoth HLL may have missed its target of 50 Ayush centres and 1.5 lakh customers (16 and 100,000 are the actual numbers), but it insists that it has been able to successfully brand Ayurveda and that more centres are on the way.

Bartronics: Its biometric solutions (for managing queues, typically) have become the rage in temples across India, but the company is focussing on radio frequency id and has gotten into the business of manufacturing point of sale systems for retail chains. 2004-05 Revenues: Rs 18.25 crore. 2003-04 Revenues: Rs 12.5 crore.

Care Hospital: Its revenues increased by Rs 22 crore to Rs 107 crore in 2004-05, and the hospital is expanding into the diagnostic- and pharmacy-chain business and hopes to have 50 outlets by April 2006.

Indiagames: Early this year, Chinese mobile content firm TomOnline acquired a majority stake in it at a (company) valuation of $22 million (Rs 96.8 crore). With access to the largest mobile telephony market in the world, the Vishal Gondal-promoted firm couldn't have written a better future for itself. Revenues: $3-5 million (Rs 13.2-22 crore) Last year: Rs 10-15 crore.

Mocha: The Impresario Group, that runs Mocha, has had a busy year. Three international master franchisees have been appointed for Sharjah, Dubai and Indonesia. Meanwhile, four more outlets are up in India; the group's doughnut chain, The Doughnut Company, has grown to 12 outlets in Mumbai; and it has forged an alliance with an Italian firm to make and sell gelatos in India. 2004-05 Revenues: Rs 18 crore. 2003-04 Revenues: Rs 9.6 crore.

Proalgen: The company (its main revenue stream is the production of beta carotene from algae) has managed to acquire the land (some 140 acres) it was trying to when it featured in this listing. 2004-05 Revenues: Rs 1.5 crore. 2003-04 Revenues: Rs 1 crore.

Quest: Its revenues haven't increased from the Rs 95 crore they were at last year, but Quest has added some 300 people to its workforce and stands to gain from the fact that the outsourcing of design engineering has grown from a $7-billion (Rs 30,800-crore) business to a $12-billion (Rs 52,800-crore) one.

Tantra: Here's another of last year's listers that has gone global (France, the UK, West Asia, Australia and New Zealand). The next frontier: the US. Meanwhile, revenues have grown 25-30 per cent over last year's Rs 5-6 crore, and Luxembourg-based design hotshop Nico, which tracks and showcases innovative garment prints across the world, has picked just one Asian entry for its lastest listing, Tantra.

Toonz Animation: With new films, including several small ones for Disney, Toonz, the pioneer as far as original animated content from India goes, hopes to close 2005-06 with Rs 48 crore in revenues. That's a leap from the Rs 18 crore it closed 2003-04 with. Also on the cards: a new studio either in Pune or Bangalore.

Varma Corp: Well, it hasn't released a motion pic a week, but with six releases in a year, auteur Ram Gopal Varma's strategy of treating films no differently from beverages (both are brands, see?) seems to be coming along fine. 2004-05 Revenues: Rs 29.67 crore. 2003-04 Revenues: Rs 27 crore.

Vascular Concepts: The stent maker has doubled revenues to Rs 70 crore and will soon enter Europe.

Xenitis: From one city, the company has expanded its operations (it sells low priced PCs) to 22, exports to Bangladesh, Nepal and New Zealand; and grew revenues from Rs 23 crore to Rs 178 crore. This year's target: Rs 500 crore.

 

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