Balmer Lawrie acquired the holiday brand "Vacations Exotica" in February 2014 to expand its tours and travel business. Vacations Exotica brings 118 employees across 9 offices in India and associate offices abroad. It is ranked among the top 5 holiday companies in India with an average 25% growth since inception in 2007. The acquisition allows Balmer Lawrie to offer end-to-end tourism services.
Pioneer in entertainment industry of bangladesh fantasy kingdom complexSyed Taqvir Zaman
This modern world has given us many things to entertain our mind. Theme Park is one of them. A theme park is basically an amusement park with a unifying setting or idea. People visit theme parks with their friends and family to have a good time. In Bangladesh the first state of the art theme park is Fantasy Kingdom Complex, which is a project of Concord Group of Companies. The idea of opening a theme park in Bangladesh was the brain child of a renowned business tycoon S.M. Kamaluddin, Chairman of Concord Group of Companies. Concord Group of Companies have many business ventures. One of them is Fantasy Kingdom Complex. It is run by Concord Entertainment Company. Fantasy Kingdom Complex started its journey in 2002. After the inception the theme park never had to look back as it steamed forward with quality services. Also it was identified as a “Tourist Spot” by the government of Bangladesh, which was a massive achievement for the park. Overall the park is in great shape and moving forward very fast. But since its inception it has not been updated much. Although Fantasy Kingdom Complex has offered new opportunities, such as “Xtreme Racing”, which is the first and the only one go kart racing spot in Bangladesh, they didn’t updated their rides much. As the time flows lots of new opponents are coming to the spot light. I studied about this gaps and made some assumption based on this gaps. Also I studied their marketing procedures, how they managed to stay at the top while there were other competitors. Fantasy Kingdom follows both direct and indirect sales procedure to sell their services to the customers. Moreover, as a part of Integrated Marketing Communication (IMC) strategy they follow advertisement, direct marketing, indirect Marketing, special occasions promotion, sales promotions and various campaigns. This all activities sum up to successful business organization. In this report I further studied about its operations, gather different knowledge to find what made Fantasy Kingdom Complex market leader in its Entertainment segment. When I found out all the variables which made this Fantasy Kingdom leader in the segment, question arrives that whether they will be able to hold this position in the future. And to find it out, I gathered information from customers and analyzed it to demonstrate their future position. After careful observation, it seems that Fantasy Kingdom Complex is the market leader in its segment and will still be in the top if the organization capitalize of some pressure points of market strategy.
Management of working capital and expense analysisSupa Buoy
Hi Friends
This is supa bouy
I am a mentor, Friend for all Management Aspirants, Any query related to anything in Management, Do write me @ supabuoy@gmail.com.
I will try to assist the best way I can.
Cheers to lyf…!!!
Supa Bouy
The report discusses the audit process of the company Oil India Limited (OIL). It includes the mission and vision, achievements, organisation structure, departments functioning there, details of the internal control processes followed by the departments, functions performed by the internal audit team, steps taken by management to handle statutory audit, audit procedure for quarterly reports, innovative steps to minimize risks, financial position and performance of the public limited company.
Trust for Retailers and Retail Associates of India is a charitable trust founded by Mr. BS Nagesh. Please log on to www.trrain.org for further details.
Pioneer in entertainment industry of bangladesh fantasy kingdom complexSyed Taqvir Zaman
This modern world has given us many things to entertain our mind. Theme Park is one of them. A theme park is basically an amusement park with a unifying setting or idea. People visit theme parks with their friends and family to have a good time. In Bangladesh the first state of the art theme park is Fantasy Kingdom Complex, which is a project of Concord Group of Companies. The idea of opening a theme park in Bangladesh was the brain child of a renowned business tycoon S.M. Kamaluddin, Chairman of Concord Group of Companies. Concord Group of Companies have many business ventures. One of them is Fantasy Kingdom Complex. It is run by Concord Entertainment Company. Fantasy Kingdom Complex started its journey in 2002. After the inception the theme park never had to look back as it steamed forward with quality services. Also it was identified as a “Tourist Spot” by the government of Bangladesh, which was a massive achievement for the park. Overall the park is in great shape and moving forward very fast. But since its inception it has not been updated much. Although Fantasy Kingdom Complex has offered new opportunities, such as “Xtreme Racing”, which is the first and the only one go kart racing spot in Bangladesh, they didn’t updated their rides much. As the time flows lots of new opponents are coming to the spot light. I studied about this gaps and made some assumption based on this gaps. Also I studied their marketing procedures, how they managed to stay at the top while there were other competitors. Fantasy Kingdom follows both direct and indirect sales procedure to sell their services to the customers. Moreover, as a part of Integrated Marketing Communication (IMC) strategy they follow advertisement, direct marketing, indirect Marketing, special occasions promotion, sales promotions and various campaigns. This all activities sum up to successful business organization. In this report I further studied about its operations, gather different knowledge to find what made Fantasy Kingdom Complex market leader in its Entertainment segment. When I found out all the variables which made this Fantasy Kingdom leader in the segment, question arrives that whether they will be able to hold this position in the future. And to find it out, I gathered information from customers and analyzed it to demonstrate their future position. After careful observation, it seems that Fantasy Kingdom Complex is the market leader in its segment and will still be in the top if the organization capitalize of some pressure points of market strategy.
Management of working capital and expense analysisSupa Buoy
Hi Friends
This is supa bouy
I am a mentor, Friend for all Management Aspirants, Any query related to anything in Management, Do write me @ supabuoy@gmail.com.
I will try to assist the best way I can.
Cheers to lyf…!!!
Supa Bouy
The report discusses the audit process of the company Oil India Limited (OIL). It includes the mission and vision, achievements, organisation structure, departments functioning there, details of the internal control processes followed by the departments, functions performed by the internal audit team, steps taken by management to handle statutory audit, audit procedure for quarterly reports, innovative steps to minimize risks, financial position and performance of the public limited company.
Trust for Retailers and Retail Associates of India is a charitable trust founded by Mr. BS Nagesh. Please log on to www.trrain.org for further details.
Daily Media Update - 26.02.2024. This document comprises news clips from vari...BalmerLawrie
Daily Media Update - 26.02.2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
Weekly Media Update_19_02_2024. This document comprises news clips from vario...BalmerLawrie
Weekly Media Update_19_02_2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
Weekly Media Update_05_02_2024. This document comprises news clips from vario...BalmerLawrie
Weekly Media Update_05_02_2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
Weekly Media Update_02_01_2024. This document comprises news clips from vario...BalmerLawrie
Weekly Media Update_02_01_2024. This document comprises news clips from various media in which Balmer Lawrie is mentioned, news related to GOI and PSEs, and news from the verticals that we do business in.
1. Vol. 4 Issue 2
February 2014
Editorial
February brought much excitement with the takeover of the premier holiday brand “Vacations Exotica”
along with its people and business. This takeover is BL's endeavor to strengthen its foothold in the Tours
domain. As you are aware we are one of the largest travel & tour agents in India providing domestic &
international travel, ticketing, and travel & tourism related services to our clients. With this takeover the
Company will be able to expand its value proposition and offer end-to-end services in the Tours and MICE
segment as Vacations Exotica brings with it a multi-talented work force and a wide range of holiday
packages.
The 148th Foundation Day was celebrated across the Company on 2nd February. We will bring you
glimpses of the celebrations in the next issue of BLOOM.
4th March is observed as National Safety Day across the country. With the aim of spreading awareness
on safety, we will observe the day at Balmer Lawrie and celebrate a National Safety Week from 4th-9th
March in all units/establishments across location. So, gear up for various programs & contests scheduled
during the week and win exciting prizes!
As always please do not hesitate to send your feedback, suggestions and contributions to me at
mukhopadhyay.mohar@balmerlawrie.com.
Mohar
Strategy meet was held in Goa on 24 th January 2014. In photo are Joint Secretary [Marketing] and
Director [Marketing] - MOPNG, Government Directors and the whole time Directors.
2. Third Quarter Results
On 7th February, 2014 the results for the quarter ending 31st December 2013, were adopted by the
Board. The net income was Rs 647 crores and the Profit Before Tax (PBT) stood at Rs 33 crores. The net
income for nine months ending 31st December 2013 was Rs 2009 crores and the PBT was Rs 126 crores.
New SBU
"Vacations Exotica" is now an integral Business Unit of Balmer Lawrie and will be known as SBU: Tours Vacations Exotica. Vacations Exotica began operations in October 2007 and currently has a team with
more than 118 people, 9 offices in India, 4 associate offices Including 1 in USA and is represented by 113
Preferred Partners. Within a span of 7 years of its inception, Vacations Exotica is today ranked among the
top 5 holiday companies in India nationally. Mr. Ravishankar is the COO of this Business Unit. BLOOM
welcomes Mr. Ravishankar and all colleagues from SBU:Tours to the Balmer Lawrie family.
Vacations Exotica takes pride in clocking continuous average growth of 25% since its inception unrivalled
in this competitive market, with a large number of repeat clients. Their strength in organizing Group Tours
to USA, South America, Canada, the continent of Europe, Far East, Australia, New Zealand, Egypt, South
Africa, Kenya, Middle East, Mauritius, China, Japan et al has put them on a firm pedestal. They have also
created a niche in the Indian Holidays segment with Group Tours to Kashmir, Himachal Pradesh, Kerala,
Goa, North East, Rajasthan, Nepal, Sikkim and many other destinations. Vacations Exotica has specialized
and excelled in Individual Family holidays, Customized Packages, Honeymoon packages, Ad-hoc Groups
and MICE movement in India and abroad. Check out www.vacationsexotica.com for more details. They
have created a commanding position in the market for cruises round the globe and facilitating Rail Europe
packages.
Their tag line, “A world of difference”, is focused on providing a never before experience which is also
borne by 99.9% satisfied clients and a substantial percentage of repeats. A leader in innovation, cost
optimization and delivery to its diverse customer base are its core strengths.
3. BL Updates
SBU: T&T participated in Petrotech 2014, the 11th International Oil & Gas Conference and Exhibition
organised under the aegis of MoPNG, GOI. T&T put up a travel desk at the Exhibition which was held from
12th to 15th January, 2014 at the India Exposition Mart, Greater Noida, Delhi (NCR).
As part of its continuous branding efforts for Balmerol, G&L, Kolkata branded a Bus Shelter at Ruby
Hospital crossing in January 2014.
In January, Logistics Services, Kolkata
successfully handled a consignment of M/s
Numaligarh Refinery Ltd. at Kolkata port.
The
project
involved hiring
of
vessel, handling of project cargo and
transportation of Over Dimensional Cargo
(ODC) from Kolkata to Assam. The total
parcel volume was 3030 freight ton which
included several heavy lift packages.
4. Logistics Services, Kolkata executed a project consignment of IOCL & EIL at Paradeep port, Orissa in
January 2014.
LI, Kolkata was one of the sponsors of the
Seahorse Guild an annual cultural event
organised for a charitable cause by the
Seahorse Group. This year the program was
held on 17th January at Kolkata. Seahorse, a
leading player offering quality shipping
services and international transportation, is
an esteemed customer of SBU:LI.
Mr. Ravishankar, COO, SBU: Tours
– Vacations Exotica won the ‘Most
Influential Person’ award in the
Travel Industry, instituted by OTM India's leading travel trade show,
its sister publication – Travel News
Digest and media partner NDTV
Profit. He was presented a trophy
and a certificate in recognition of
his achievement. Congratulations!
Business Standard organized a Quiz Contest for
Corporates, B - Schools and Engineering Colleges on
1st February at Kolkata. A total number of 60 teams
participated in the event. The Quiz Master was Mr.
Gaurav Sri Krishna, a well-known name in the
quizzing circle. Balmer Lawrie was represented by
Mr. Amit Paladhi [Head - HSE & SD] and Ms.
Kshama
Agarwal
[Asst.
Manager,
Strategic
Planning].
5. Republic Day was celebrated with much fervor at
G&L, Silvassa. The flag was hoisted by the workmen
amidst employees and their family members.
At Manali, Chennai employees and their families
gathered to celebrate Republic Day. COO [PC]
hoisted the flag and sweets were distributed to
all.
HSE (Health, Safety & Environment) Corner
Involvement of employees is important for achieving sustainability goals. In keeping with this, 131
employees were engaged in HSE, SD & CSR workshops in 8 different batches in Manali, Chennai.
Employees of PC, Manali at a workshop
Employees of G&L, Manali at a workshop
Employees of IP, Manali at a workshop
Employees of CFS, Manali at a workshop
6. Workshop for Executives at Manali Complex
HAZMAT TRAINING
A specialized training on Identification, Handling, Storage and Emergency Management of Dangerous
Goods & Hazardous Material was conducted at CFS, Mumbai by Head [HSE &SD]. Concerned Executives,
Security personnel, Forklift & Reach stacker operators attended the training. This training was first of its
kind at BL and a similar training is being planned for CFS Chennai & Kolkata.
CSR Update
Balmer Lawrie was a silver sponsor of the Global
Entrepreneurship Summit (GES), the
annual
international corporate summit conducted by the
Entrepreneurship Cell of IIT Kharagpur. GES 2014
was organized at IIT Kharagpur from 10th to 12th
January, 2014. It is the largest student-level
entrepreneurial summit in India.
Shri Gopendra Nath Chowdhury, CSR committee
member handed over the scholarship cheques for
the year 2013-14, to the Students of IIT
Kharagpur pursuing their engineering degree, at a
program held in their college premises.
7. In January 2014 Water backpacks were distributed in
the village Piplaj near Ahmedabad, Gujarat by BL along
with its partner, an NGO - Centre for Education
Developmental Research and Action (CEDRA).
Balmer Lawrie supported HOPE Cup, the charity
golf tournament organized by Tollygunge Club
in aid of Indian Institute of Cerebral Palsy
(IICP), as a Tee Sponsor.
क र्मिक सचन – जय आनवरी 2014 / Personnel Information – January 2014
ू
पदोन्नति / Promotion
श्री स ांिनु चक्रविी की पदोन्नति ु्
ख
कोनकलि ल जटिि पदटि ह ।
्रचालनन धिककली [नॉजिजटिक सेवलएं] क रूप ुें हखई । वे कलपोी े ि कल लान ,
े
Mr. Santanu Chakrabarti has been promoted as Chief Operating Officer [Logistics Services]. He is based
at Corporate Office, Kolkata.
श्री नीतिन भोयर की पदोन्नति कतन्
धिककली [बिलनंग व वसन ], एनआई – ुिई क रूप ुें हखई ।
े
ू
खं
Mr. Nitin Bhoir has been promoted as Junior Officer [Billing & Collection], LI - Mumbai.
श्री कौस्िव ीी ा कर की पदोन्नति कतन्
ु
धिककली [ लर्ा परी ालनन], एनआई – ुिई क रूप ुें हखई ।
े
खं
Mr. Kaustabh B Thakur has been promoted as Junior Officer [Yard Operations], LI - Mumbai.
िकलई एवं भवव्
ुें आपकी सलनि ल की कलुनल की ि े ह ।
Congratulations and wish you all the best in your new role!
स्थ न न्िरण / Transfer
श्री मतयजय आय रच जय आी, सह-उपलध् क्ष [सीि & आईए], कलपोी े ि नेखल & ववत्ि – कोनकलि ल को िी&एन – कोनकलि ल ुें
ृ ुां
ववत्ि ्रचकलन [िी&एन] क रूप ुें टिलनलंि री ि यक ल ग ल ह। ।
े
Mr. Mrityunjay Acharjee, Associate Vice President [CT & IA], Corporate Accounts & Finance - Kolkata has
been transferred to G&L - Kolkata as Finance Head [G&L].
श्री चचति रां जय आन मांल , सह-उपलध् क्ष [ई&पी], ई&पी – कोनकलि ल को िी&एन – लसनवलसल ुें सह-उपलध् क्ष [परी ालनन] क
े
रूप ुें टिलनलंि री ि यक ल ग ल ह। ।
Mr. Chitta Ranjan Mondal, Associate Vice President [E&P], E&P - Kolkata has been transferred to G&L Silvassa as Associate Vice President [Operations].
श्री प्रमोद पव र, वरी . ्रचिंकक [वलणिजय क], आईपी – िात्ि ी को आईपी – लसउडी ुें वरी . ्रचिंकक [ववतनुलाि] क रूप ुें
े
ख
टिलनलंि री ि यक ल ग ल ह। ।
Mr. Pramod Pawar, Sr. Manager [Commercial], IP - Chittoor has been transferred to IP - Sewree as Sr.
Manager [Manufacturing].
8. श्री जय आे सरेश एांटनी, वरी . ्रचिंकक [ववतनुलाि], आईपी – ाेन्नई को आईपी – िात्ि ी ुें वरी . ्रचिंकक [ववतनुलाि] क रूप ुें
े
ु
ख
टिलनलंि री ि यक ल ग ल ह। ।
Mr. J Suresh Antony, Sr. Manager [Manufacturing], IP - Chennai has been transferred to IP - Chittoor as
Sr. Manager [Manufacturing].
आपको नए कल भली की शखभकलुनलंए।
ा
Wish you all the best in your new role!
नए सदस्य / New Member
श्री मोहनकम र ए की तन जति 3 िनवी , 2014 को िी&एन, ाेन्नई ुें कतन्
ख
ु
ुें हखई ।
धिककली [औद् ोिगक ववपिन] क रूप
े
Mr. Mohankumar A joined G&L, Chennai as Junior Officer [Industrial Marketing] on 3rd January, 2014.
श्री हे मन्ि कम र शम ि की तन जति 6 िनवी , 2014 को ि &ि , ाेन्नई ुें सहल क ्रचिंकक [ववक्र ] क रूप ुें हखई ।
े
ख
ु
Mr. Hemant Kumar Sharma joined T&T, Chennai as Assistant Manager [Sales] on 6th January, 2014.
श्री रतन शेरर डिलक की तन जति 27 िनवी , 2014 को सीएाआी र्ी, कोनकलि ल ुें वरी ्
ख
ुें हखई ।
उपलध् क्ष
[ुल.सं.] क रूप
े
Mr. Ratna Sekhar Adika joined CHRD, Kolkata as Senior Vice President [HR] on 72th January, 2014.
श्री र न सेन की तन जति 27 िनवी , 2014 को कलपोी े ि नेखल & ववत्ि , कोनकलि ल ुें वरी ्
ख
रूप ुें हखई ।
्रचिंकक [नेखल & ववत्ि ] क
े
Mr. Rana Sen joined Corporate Accounts & Finance, Kolkata as Senior Manager [Accounts & Finance] on
72th January, 2014.
िलुी नॉी परी वली ुें आपकल टवलगि ह। एवं आपनोगक को हलदिदाक शखभकलुनलएं ।
Welcome you to the Balmer Lawrie family and wish you all the best!
Glimpses from the City of Joy
Raj Bhavan is the official residence of the Governor of West Bengal and is located in Kolkata. Built in 1803, it was
known as the Government House in the pre-independence days. Later after the transfer of power from the East India
Company to the British Crown in 1858, it became the official residence of the Viceroy of India. With the shifting of
capital to Delhi in 1911 it became the official residence of Lieutenant Governor of Bengal. Since independence in 1947
it serves as the official residence of the Governor of West Bengal and came to be known as the Raj Bhavan.