Tata Motors – Macro Environment

For financial year 2008, the TATA motors reported the consolidated revenues (net of excise) at Rs. 356. 51 bn posted a growth of 10. 2% over Rs. 323. 61 bn in the previous year. The Consolidated Profit after tax (PAT) for the year was Rs. 21. 67 bn, a marginal decrease over Rs. 21. 69 bn in the previous year. Standalone EBITDA impacted by 6. 6% to Rs. 30. 92 bn in FY08 from Rs 33. 12 bn in FY07; EBITDA margin stood at 10. 76% in FY08 as compared to 12. 06% in the previous financial year. Following are the main macro environmental factors from FY08 that had direct bearing on the company’s revenue and profitability figures: GDP Growth Encouraged by the continuing thrust in investments which grew by 31. 6%, the GDP growth in the third quarter of fiscal 2008 came in at 8. 4% compared to 9. 1% in the same quarter last year. A good kharif season supported growth of 3. 2% in agriculture while Industry and services grew at a moderated level of 8. 4% and 10. 5% respectively. CSO’s advance estimates projects the overall GDP at 8. 7% in the full year 2008. While the sequential decline in the GDP growth (9. 3% and 8. 9% in the first two quarters of the current year) indicates moderation of growth, it is expected that the growth momentum would continue, led by investments. Risk to growth going forward is expected to come from worsening inflation, increasing interest rates and weak global cues. Infrastructure Index The growth in the infrastructure industries for the period Apr – Feb’08 was subdued with all sectors, except coal , witnessed a lower growth on a y-o-y basis. Crude oil saw the least growth of 0. % followed by Finished steel (5%), Coal (5. 6%), Petroleum products (7. 2%) and cement(7. 5%) during this period. Index of Industrial Production IIP growth for the period Apr-Mar’08 is 8. 1% over the corresponding period of last year. On a sectoral basis, manufacturing showed the largest decline in growth from 12. 5% to 8. 6% followed by electricity (7. 2% to 6. 4%) and mining (5. 4% to 5%). A look at the use-based data indicates that while capital goods have shown a robust growth at 16. 5%, consumer goods decelerated mainly due to decline of 1% in consumer durables. Inflation The headline inflation, which declined from 6. 4% at the beginning of the fiscal year to a low of 3. 1% on October 13, 2007, has seen significant increase in the later half of fiscal year 2008. For the week ended may 10th, the headline inflation had moved to 7. 82%,largely due to the rising global food and oil prices. This has instigated government to take stringent measures such as restricting exports of select products, lowering of excise duties and dissuading domestic manufacturers such as steel and cement companies from undertaking price increases. Prices of key raw materials used in the auto industry have also increased significantly. This is exerting pressure on the input costs of the auto manufacturers. Interest rates In response to the high inflation, RBI increased the Cash Reserve Ratio (CRR) by 50 bps to 8% before the scheduled policy meeting and further by 25 bps at the policy meeting on April 29th 2008. With high global commodity prices and ample liquidity in the system indicating significant risk to inflation, it may be expected that RBI will continue to take stringent steps to check the inflationary pressures in the economy. Any move to increase the interest rate would further impact industrial growth and investment momentum in the economy. Freight Rates The benchmark freight rate index registered a moderate 1. 1% y-o-y increase over the last one year while the diesel price index has increased by 3. 2% over the same period. The financing costs also increased during the year, putting up moderate pressure on the truck operators’ profitability position. The Government raised the prices of most widely used automotive fuel products, petrol and diesel, by Rs 2 per litre and Re 1 per litre respectively on February 14, 2008. Since then the global oil prices have moved up significantly crossing $135 per barrel, hence further fuel price hike cannot be ruled out, despite ongoing inflationary pressures on the economy. National Highway Development Project (NHDP) With substantial portion of the GQ having been completed and a significant portion of the NSEW corridor under implementation, the focus is now moved to Phase IIIA and Phase V

Born-Haber Process Lab

Chemistry Lab: Haber’s Process (A Computer Simulation) Cherno Okafor Mr. Huang SCH4U7 October 8th, 2012 Introduction The Haber process is the process by which ammonia (NH3) is produced. The equation for this reaction is†¦ The symbol shown in the middle means it is a reversible reaction so the product can decompose back into the reactants. Therefore, optimum conditions must be selected to get the greatest yield. When the forward and backward reactions are the same, it is said to be in a state of dynamic equilibrium.The position of this dynamic equilibrium can be moved forward by changing the conditions the reaction is done in. This follows Le Chatelier’s Principle which says changes to a system in equilibrium will move it in an opposite direction. Condition (Dependent Variables)| Effect (Independent Variables)-Yield, Equilibrium Time, Net Profit| Pressure| Increasing this will improve the yield because the forward reaction reduces pressure. However, putting up the p ressure too far is impractical and becomes too expensive. Temperature| A higher yield can be obtained by using a low temperature since the forward reaction produces heat, but this also will make the reaction slower, and less profitable. | Catalyst| The Haber process makes use of catalysts like iron, tungsten, and platinum to speed up the reaction, however this does not improve the yield. | Note: The conditions of the Haber process must be finely balanced to reach a combination of highest yield and fastest reaction, this is very important because getting this right will make sure this industrial process is as profitable as possible.Data Collection and Processing (Raw Data): Variables| Results (No Catalyst)| Results (No Catalyst)| Results (No Catalyst)| Results (No Catalyst)| Results (No Catalyst)| Temperature ( °C)| 658| 660| 663| 677| 680| Pressure (Atm. )| 464| 482| 510| 658| 694| Time to Equilibrate (Min)| 10. 16| 10. 17| 10. 17| 10. 15| 10. 15| Yield (%) | 15. 8| 16. 3| 17. 1| 21. 2| 22. 2| Amount ($) per day| 36,454. 36| 36,413. 56 | 36,380. 36 | 36, 361. 71| 36,321. 0| RESULTS: * After this first trial using no catalysts, it is evident that the equilibrium time is extremely slow and unfortunately, only produces a small yield yet with a large amount of net profit per day. * Another thing was the temperature. The net profit and yield seemed to be at its highest when the temperatures were set at around the 600-700 °C range. With an extremely low temperature though, the time to equilibrate was close to a million years, so temperature had to be fairly high * In terms of the pressure, it had to be between the 400-700 Atm. ange (not too high so that it would yield a high cost and not too low so that it would yield a low percentage and net profit) but just in the middle * I wanted to find balance in my profit and yield, so with no catalyst, I adjusted the bars so that the temperature value was fairly close to the pressure value and the results were a greater net profit, with a reasonable equilibrium time of reaction Variables| Results (With Iron Catalyst) | Results (With Iron Catalyst)| Results (With Iron Catalyst)| Results (With Iron Catalyst)| Results (With Iron Catalyst)| Temperature ( °C)| 468| 475| 472| 473| 479| Pressure (Atm. | 721| 881| 809| 832| 989| Time to Equilibrate (Min)| 10. 18| 10. 16| 10. 17| 10. 16| 10. 18| Yield (%) | 58. 8| 63. 9| 61. 7| 62. 4| 66. 9| Amount ($) per day| 33, 793. 48| 33, 909. 39| 33, 805. 15| 33,893. 81| 33, 753. 80| RESULTS: * After this second trial, I used the catalyst of iron. Iron was by far the most profitable catalyst to use as it was not that expensive as the others (Tungsten and Platinum), and it produced a high yield with a pretty high amount as well * In terms of the temperature, it was a very typical 400-500 °C range which is also a very high temperature and the yield of ammonia would be high and my net profit as well. For pressure, I increased its value to the 700-900atm range and th is in conjunction with my high temperature range produced the best results as I produced high yields from 50-70% with the exact same time frame it took for the non-catalyst reaction to equilibrate * So obviously with the addition of the iron catalyst, I did not have to take more or less time for the equilibrium reaction to take place, I instead produced a higher yield of ammonia with a fairly large net profit, which was my goal in the first place Variables| Results (With Tungsten Catalyst)| Results (With Tungsten Catalyst)| Temperature ( °C)| 429| 435|Pressure (Atm. )| 346| 418| Time to Equilibrate (Min)| 10. 46| 10. 16| Yield (%) | 50. 4| 49. 9| Amount ($) per day| 19, 506. 24| 19, 495. 86| RESULTS: * Finally, for this last third trial, I used Tungsten catalyst. This Tungsten catalyst was not as efficient as the iron catalyst, and it also cost more. * In terms of temperature, the 400-450 °C range which was average because increasing the temperature would have created more econo mic problems such as higher costs of energy/production, etc. With iron, it was fairly easy to play around with the temperature, but for Tungsten it was more challenging. I also had to lower the pressures, but not too low so that the equilibrium time would be slow, but not too high either so that I would be losing a lot of profit because of the economic costs * As a result, this adjustments yielded only a little less than what I yielded with iron, however still a fairly high yield. The only decrease was in the net profit, because of the expenses of Tungsten. * The Temperature-Equilibrium Considerations: * One must shift the position of the equilibrium as far as possible to the right in order to produce the maximum possible amount of ammonia in the equilibrium mixture.The forward reaction of the production of ammonia is exothermic. Therefore according to Le Chatelier’s Principle, this will be favoured if one lowers the temperature. The system will respond by moving the position of equilibrium to counteract this-producing more heat. In order to get as much ammonia as possible in the equilibrium mixture, one needs as low a temperature as possible. * The Temperature-Rate Considerations: * The lower the temperature one uses, the slower the reaction becomes. In this case though as a manufacturer, I am trying to produce as much ammonia as possible per day.It makes no sense to try and achieve an equilibrium mixture which contains a very high proportion of ammonia if it takes several years for the reaction to reach that equilibrium. Therefore, one needs the gases to reach equilibrium within the very short time that they will be in contact with the catalyst (or without) in the reactor. * During my experiment lab, I noticed that the temperature range of 400-700 °C is a compromise temperature, producing a reasonably high proportion of ammonia in the equilibrium mixture, but also in a very short time. * The Pressure-Equilibrium Considerations:There are only 4 molec ules on the left-hand side of the equation, but only 2 on the right. According to Le Chatelier’s Principle, if you increase the pressure the system will respond by favouring the reaction which produces fewer molecules. That will cause the pressure to fall again. In order to get as much ammonia as possible in the equilibrium mixture, one needs as high a pressure as possible. * The Pressure-Rate Considerations: * Increasing the pressure brings the molecules closer together. In this particular instance, it will increase their chances of hitting and sticking to the surface of the catalyst where they can react.The higher the pressure, the better in terms of the rate of a gas reaction. * Economic Considerations: * Very high pressures are extremely expensive to produce on two accounts: * One has to build extremely strong pipes to withstand the very high pressure. * Also, high pressures cost a lot to produce and even maintain. That means that the running costs of your manufacture are very high for you. * During my lab, I noticed that 200 atm is a reasonable choice of pressure. If the pressure used is too high however, the cost of generating it exceeds the price you can get for the extra ammonia produced. The Catalyst-Equilibrium Considerations: * The Catalyst actually has no affect whatsoever on the position of the equilibrium. Adding a catalyst does not produce any greater percentage of ammonia in the equilibrium mixture. Its only function is to speed up the reaction. * The Catalyst-Rate Considerations: * In the absence of a catalyst, the reaction is so slow that virtually no reaction happens in any sensible time. The catalyst ensures that the reaction is fast enough for a dynamic equilibrium to be set up within the very short time that the gases are actually in the reactor.Conclusion: To sum up, the objective of this computer simulation lab was to produce a high yield of ammonia with as high a net profit as possible, while considering the economic factors suc h as energy cost, and production cost, and even catalyst costs. It turned out that I was prohibited from using platinum as a catalyst because it was too expensive. Out of the remaining catalysts: Iron, and Tungsten, Iron was the most efficient and profitable one as it is less expensive and yielded a great amount of ammonia while I was able to make a large profit as well.The Tungsten catalyst did yield a fairly high amount of ammonia, however not a very high net profit was made from it and this is again due to the economic implications of energy and production as mentioned. When I did not use any catalysts, the problem was that the time to equilibrate the reactions was atrocious, and very slow. With the criteria â€Å"highest yield and fastest reaction† in mind, the most optimal combination to produce ammonia was the 400-500 °C (479 °C) temperature range, with the 900-1000 Atm range (989atm). and along with the iron catalyst produced 66. % of ammonia, and at least $33, 000 in net profit. I chose this result as the best one because of the balance of the dependent variables of time, yield, and net profit. I could not find my way up to at least $34, 000 or above in net profit with the iron catalyst. I only managed to exceed that profit when I did not use any catalysts, but again the reaction time is way too slow and hence senseless. I probably could have kept on going to gradually adjust the temperature and pressure one by one to look for an even higher yield and net profit, but time is an issue and I would have to sit for a long time doing this.

Article Critque Example | Topics and Well Written Essays - 500 words

Critque - Article Example how an elderly man sometimes back came in to cook county hospital’s emergency room with a large and very painful boil that was on his back’s neck. The author of the article told the patient that he had to go through a minor procedure that would lance the boil and hence drain it (Howard, 2009). The patient became ashen and asked the doctor whether the process would hurt him. The doctor told the patient that the moment the treatment will tend to hurt too much he could communicate to him so that he would stop (Lautenbacher & Fillingim, 2004). That factor forms one of the basic platforms that put the article, as well as a doctor’s professionalism in question. From the explanation of the author the expectations that the patient has, determines the patient’s perception on pain. It is clear that from the pain the elderly man was passing through he had all the rights to expect more pain when the treatment will be taking place. It is hence the practitioner’s responsibility to assure the patient that the mode of treatment that he will undergo will take ensure that his pain will be effectively managed (Howard, 2009). The doctor, instead never gave a word of assurance to the patient but he just told the patient would communicate when he will feel the treatment have extensively hurt hence making the patients to perceive that pain will increase instead (Padfield & Novartis, 2003). The doctor’s statement, however, only increased the patient’s expectation of feeling more pain since the doctor mentioned it in his statement. In simple terms, he was eagerly waiting to yell to the doctor that the treatment has hurt extremely as the doctor had stated. The scenario hence puts the doctor’s counseling ability in question. It is essential that doctors should always put their patients on counseling session before putting him or her under treatment so as to assure the patient that the pain he or she is going through will be effectively managed. Doctors should also disclose

Earthquake's Essay Example | Topics and Well Written Essays - 1000 words

Earthquake's - Essay Example The plates interact at their boundaries (margins) or edges. There are various types of plate margins which include; diverging, converging and transform faults (kearey, Klepesis and Vine, 2009). Converging plate boundary Converging occurs when two plates travel towards each other. When the plates converge, different types of margins are formed depending on the boundary; the boundary can either be between two continental plates, oceanic plates or either one of each. One type of convergent margin occurs when a continent meets another continent along the convergent line where they crumple upwards and downwards as the lithosphere thickens in a collision zone. Another type of convergent margin takes place when one or both plates are oceanic where by one plate typically slide underneath the other plate sinking into the asthenosphere where water that is released from the wet rocks of the seafloor advances the formation of the magma (kearey, Klepesis and Vine, 2009). Diverging plate boundary Diverge is also known as rifting or spreading centers. Diverging occurs when two plates move apart from each other and can occur in either continental or oceanic crust. When plates diverge from each other a new ocean may form in the widening rift, an example of this is the Red sea. When oceanic crust diverts (splits apart) the result is known as a midocean ridge (kearey, Klepesis and Vine, 2009). Transform faults plate boundary The transform plate boundaries are the locations where plates slide past each other. A crack zone that normally forms a transform plate boundary is well known as a transform fault. The transform faults are mostly common in the ocean floors (ocean basins) where many of them run perpendicularly to the midocean ridges (Kearey, Klepesis and Vine, 2009). Why earthquakes are common along plate margins Earthquakes occur mostly at the plate margins because under the plates there is much friction and the plates are constantly bouncing off each other. The plate’ s margin material is not as sturdy and is found near the molten part. The earthquakes occur normally near the fault lines (this is where the plates are normally separated). In the fault line two plates confine together until much pressure is formed and they are forced to grind away from each other. The lateral fault line happens frequently and within different magnitudes, an example of a lateral fault line is the San Andreas Fault in California. How the earth moves when it quakes and shakes When the earth quakes and shakes sudden movements on the grounds occur. The quakes are mostly provoked by movements along the faults, landslides, bomb blasts and volcanic eruptions. When a quake occurs, the surface of the earth forms into waves that move across; these waves are considered to be pretty spectacular and extremely destructive. During a quake the seismic waves move about in all directions just like the sound waves (Kusky, 2005). Events that cause the earth to quake and shake Earthquak e is the ground shaking that is caused by an abrupt slip on a fault. When pressure in the earth’s outer layer pushes the sides of the faults together causing stress to build up and the rocks to slip all of a sudden discharging energy in waves that travel through the earth’s crust causing the shaking that is felt during an earthquake. Earthquake measurements Earthquakes are recorded by seismometers up to great distances as the seismic waves are

Ethic and critical thinking Essay Example | Topics and Well Written Essays - 1750 words

Ethic and critical thinking - Essay Example The movie unconditionally showed that the financial crisis experienced globally was certainly caused by ethical practices that were perpetuated by financial services industry. The film further indicated that the immoral practices in the financial service industry were contributed by the general public, entrepreneurs, and government officials. This means that these groups participated in perpetuating these unprofessional activities in the face of economic meltdown in the world (Fergusson 46). From the film, it is also clear that the financial crisis experienced in the world was caused by the unethical practices in the business environment. The film was understandably irritating because financial institutions concentrated more on undertaking dubious business practices that had serious implications on the economy of the nation. The financial institutions at this time abandoned their responsibility of ensuring that the stakeholders were not exploited by greedy individuals and organizations. These greedy individuals and companies were guided by their individuals’ interests and greed that made them turn into unprofessional practices (Greenspan 98). The financial service industry was no longer interested in promoting strategies that would boost the standard of the economy via increasing the capital for other companies within and outside the industry. The increase in the market capital lowered the unemployment rate and consequently, boosted the country’s Gross Domestic Product (GDP). The industry had in the recent reduced capital for some of the firms, thus impacting negatively on the economy of the country. The government, through financial institutions gave capital to few selected companies thus favoring some companies. This created unequal financial implications to these companies. These companies, who were allocated capital, benefited few individuals thus compromising

Special educational needs and additional educational needs Essay

Special educational needs and additional educational needs - Essay Example To meet these difficulties and help the children gain a normal life, Special and Additional Education Systems have been set up (Directgov, n.d.). Till date, Special Education Needs (SEN) and Additional Educational Needs (AEN) were meant to be synonymous but recently the term AEN is accepted to have an appropriate sense in this case. But anyhow, the objective of both the terms remains similar, i.e. providing the additional and special education to the children those who are needful. As such it becomes very necessary to understand where a child shall face problems in the learning process and identify them as soon as possible. One feature thereby, is that the children learn in a much decelerated speed when compared to other children at the same environment (Oldham Council, n.d.). With the prime objective to provide every child with SEN to attain their optimum potential in education and adulthood, the government of UK has laid down proper laws and educational systems. Such as, law of discrimination, funding and many more (Teacher Net, 2010). The concept and belief of SEN have stated traditionally that the best way to understand the special need of children with disabilities is by comparing their behaviour with other majority of children of the same age. Concisely, the factor of individual difference can state the needs of these children and also suggest a scope for their benefit. Although with a recent argument it has been concluded that more than individual differences the special needs of such children can be efficiently assessed when unsuitable environmental conditions are presented in front of a child. The basic problem with the approach of individual differences is that it is focused on the assumption that, differences that lie on the individual basis is not always appropriate as individual differences stand upon some active rudiments, i.e. biological and behavioural

Systems Analysis, Design and Development (Object Oriented using UML) Term Paper

Systems Analysis, Design and Development (Object Oriented using UML) - Term Paper Example Resources The resources that need to be made available to the analyst are a separate secluded environment with an up-to-date computing system that is connected to the rest of the computing devices of the organization. The computing system needs to be equipped with the latest and most comprehensive analytical software that would enable the provision of precise and timely analytical assessment as and when required. The time given to the analyst for conducting his assessment should be ample so that the process gets done in its due time thus guaranteeing its error freeness. 1 SUMMARY The current report is intended to be a feasibility report for the development of the online auction system for vehicle selling and purchase. The vehicles purchase/selling system will work on the basis of online auctions. Bidders of the vehicles will gradually increase the bid cost for a specific time period. The system will monitor the auction end time. At the end of auction period highest bidder will be the winner of the bid. Subsequent notifications to the respective seller and highest bidder will be generated by the system automatically. Since it would be online and less cumbersome than a real world vehicle auction scenario, the online auction management system will attract both purchasers and sellers to use it. The system would, in turn, get benefited from both the participants. The proposed system will not only provide an operational platform for such convenient buying, but would also maintain the bidder and seller profiles in order to produce future follow ups. The system will comprise of the following core modules a brief summary of which is provided as follows: Customer (Seller/Bidder) Profiling: This module maintains and manages the details of each purchaser (bidder) and... The paper tells that an online auction mechanism is intended which attracts sellers and buyers of vehicles. The system will be a reliable e-commerce system and will provide opportunity for online sales through auctions. Both the seller and the buyers will be the customers of the system. The system will maintain the personal information of both participants. After registering a vehicle by a seller the bidder will be able to bid on it until the bidding time expires. All bidders will have equal opportunity to increase the bid with equal rate, that is, 100 $ for car and 50 $ for motorcycle. After ending the bidding process, the bids will be evaluated and decision will be made accordingly. The bidder with highest bid among all the other bidders will win the vehicle auction; however, the biding price must be greater than the base price as provided by the seller. The successful bidder will be notified by the system automatically then he has to perform personal visit to the vehicle and payme nt will be made. In case of the failure of the auction i.e. the highest bid could not cross the minimum price of the vehicle or in case of no bid, the system will automatically notify the seller about the situation and the vehicle information will be removed in both cases. Such system will allow purchasers to have a fair market survey and will provide ample vehicle selection opportunities. Due to the effectiveness of system both the purchaser and seller would not be able to acquire undue benefits in any case. With the optimized vehicle price (as desired by the seller) the bidder will not have to pay exorbitantly.