Ambanis Excel

Ambani brothers are once again in the limelight for their dispute.
Kokilaben , the Ambani empire's mother brokered a pact between the two brothers regarding sale of gas.
The Krishna Godavari dispute is being argued in the Supreme court.
Harish Salve , while arguing for Reliance Industries, said private pact between two people cannot bind a corporate entity and its shareholders.The pact has no legal validity.
The private deal by Kokila ben makes the selling price as $2.34/unit to the younger brother Anil Ambani's Reliance Natural resources.
The price tenure and quantity were based on a family reorganisation pact in 2005. Subsequently RIL had said that it cannot sell at this rate and had quoted $4.20/unit.
The RIL chairman ,the elder brother ,Mukesh Ambani has signed the pact. But the RIL board has never approved it.

An interesting engagement is keeping us in bewilderment.
Well, Did Mukesh sign the pact as Chairman of RIL or as eldest son of Kokilaben?
The mantle of the son does not work here.
It is his position as Chairman of the company that makes an impact.
Before signing, Mukesh Ambani should have procured the consent of his board
Why did he not do that?

If everything went well with the siblings the pact would have seen many approvals.
As there is bitter rivalry between the brothers, the private pact has lost its form.
Salve, a legal genius , is playing on the bare discrepency, that of private and corporate.
It is not the shareholders that are the primary concern of RIL's refusal.
It is the ego of Mukesh that is holding sway.
Tomorrow it Jethmalini's appointment.

Amabni's excel in business . They also excite in histrionics.

Ford On Board.

Ford earns a whooping $997 million inthe third quarter.
It is the first operating proit of the company since early 2008.
Ford has turned round without taking government money.
The chief architect of this pretty recovery is the Chie Executive Officer Alan Mullally.
He has saved the company from filing bankruptcy.
General Motors and Chrysler restructured themselves by taking part in the stimulus.
Mullaly brought in profits by ensuing sales momentum and cleverly avoiding bail out package. Its shares gained by 20cents.


The managemnt envisages a strong profit in 2011
Certain hurdles are to be overcome.
Ford's entry into the equity market was kept low. The accrued $565 million was utilised to improve Ford's balance sheet.
Ford took incentives from the "cash for clunkers"programme.
It made a hatrick in loss making.The losses for three years mounted to $30 billion.


Ford is the odd man out.
The prediction that it would make sizeable profit in 2011 is a welcome sign.
In an year of acute recession , the results of this auto maker is encouraging.
Many more similar results are anticipated.
Earning profits not only strenghthen the company but pull the stock markets from the blue.

Bonus

Bonus has become a major issue . Materialistic world is much obsessed with money.
When the recession is making a rapid stride into the financial sector, creating a situation of gloom and scarcity, where does the issue of bonus comes in?
Bonus , is actually a gift provided by the company to its workers on the basis of service, experience and merit.
When the provider is in trouble, how can he extend a substantial offer?
Prosperity supplies propensity.
In good times, the company was generous in ite distribution.
The bad period demands frugality. It not only deems , but also could not afford a magnanimity.
If the receiver fails to understand this simple corelation, then the industrial climate will be in deplorable state.
A volunteer submission of a relative low percentage of bonus at times of down turn by the labour force , will promote a healthy environment.
Similarly , a willing acknowledgement ,of a high consolidation of bonus, at times of surge by the companies, will again propel a saliburious atmosphere.