Corporate Gems

26th November 2008 , everyone remember that horrible day. ' The Taj ' a five star property in mumbai was caught in the terrorist attack.  Ratan Tata [chairman of Tata Group] did something that happily surprised everyone but that's what ' The Tata Group ' is.  Every hotel staff , every vendor [ Bhaji - pav , Vada - pav anything ] outside the hotel who were affected by the blast were offered compensation.  All loans and advances of staff members, irrespective of the amount - were waived off.  Damage to 'The Taj' was estimated at several thousands of Crores.  The education of children of affected people [46] to be taken up by Tata Group. Free medical facilities for survivors and dependents at Tata Hospitals for the rest of their lives.  Ratan Tata himself visited affected employee families and offered compensation to them [several Lakhs rupees]. Settlement included full last salary for life as well.  Rs 10000 per month was also offered

->Infosys is established by Narayan Murthy & Six Engineers in Pune,India ->Infosys started with only Rs 10000/- and their Latest Sales Turnover is 79047 Crores with more than 242000 employees. Some of us aim for largest Company (in Employement), Some wants Biggest Company( in Revenue), but Murthy said we should aim to be India's Most Respected Company. ( I think they achieved it ). -> Infosys - A company which is known for its morale ethics and value for its all stakeholders. ->Infosys- Foundation of Morals and Values based on C-LIFE.      C- Client Focus      L- Leadership by Example      I - Integrity and Transparency      F - Fairness      E - Excellence in everything we do. ->In February,1984 Infosys decided to import a Supermini Computer to Start Developing Software for overseas clients. Machine was ready at Bangalore airport but Custom Department wanted some 'Below the Table money'. Custom Department in

                                                                                                                                                                         Asian Paints, the largest paint maker of India was founded by Four Friends Champaklal Choksey, Chiimanlal Chokshi, Suryakant Dani and Arvind Vakil in a Garage in Mumbai in 1942. Now, They have more than 6000 employees and Revenue of Rs 19000 Crore Rupees. India's Biggest Paint maker is raising Salaries of Employees to boost their morale in this time of Corona Pandemic. The Company has donated Rs 35 Crores for Covid-19 Relief Funds. Asian paints also transferred Rs 40 Crores into the accounts of its Contractors and set an example how a healthy organisation should behave in such time of Crisis. Asian Paints Provides assistance to its sales channel for hospitalization, Insurance, Sanitation facilities for partner Stores and Direct Cash Support. The Company has been Debt Free for