BALCO: The Disinvestment Story
|
|
ICMR HOME | Case Studies Collection
Case Details:
Case Code : BECG004
Case Length : 10 Pages
Period : 2001
Pub. Date : 2002
Teaching Note : Available
Organization : BALCO
Industry : Metals & Mining
Countries : India
To download BALCO: The Disinvestment Story case study (Case Code:
BECG004) click on the button below, and select the case from the list of available cases:
Price:
For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges
»
Business Ethics Case Studies
» Case Studies Collection
» ICMR Home
» Short Case Studies
» View Detailed Pricing Info
» How To Order This Case
» Business Case Studies
» Case Studies by Area
» Case Studies by Industry
» Case Studies by Company 
Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
|
|
<< Previous
Introduction Contd...
The employees union launched an indefinite strike protesting
against the Balco sell out.
After a protracted battle, an agreement was reached between the Balco management
and the union. With this agreement, the Balco disinvestment saga was put to
rest.
But, with the employees not completely satisfied with the terms and conditions
laid down in the agreement, the future of Balco did not seem to be very
promising.
|
|
Balco - A Profile
Balco, incorporated in 1965, was closely associated with the growth of the
Indian Aluminium industry. Balco played a pivotal role in making aluminium a
leading metal with myriad uses ranging from household, industrial to strategic
defence and aerospace applications.
|
|
Balco was
vertically integrated from sourcing of bauxite from its captive mines,
refining and smelting to aluminium production and a variety of semi
finished products.
Balco had contributed significantly as a primary aluminium producer,
providing sustenance to vital industries. Balco was a supplier of
special aluminium alloys to the nation's intermediate range ballistic
missile, Agni and surface to surface missile, Prithvi. The GoI held 100%
stake in Balco.
In 2000, the GoI announced to divest 51% stake in Balco to a long-term
strategic partner... |
Excerpts >>
|
|
