Over
more than five decades, Voltas has reached a position
of leadership in its businesses and markets. Some highlights:
»
Voltas leads in air conditioning projects in India.
»
Voltas is India's largest exporter in the field of electro-mechanical projects.
»
Voltas
manufactures one of India's leading air conditioner
brands.
»
Voltas
is one of India's most trusted names in supply, service
and support of mining and construction equipment.
»
Voltas leads in sourcing,
installing and servicing state-of-the-art textile machinery in India.
»
Voltas is a leader in forklift trucks, manufactured to in-house design.
Corporate news
Voltas MD Ashok Soni among the top 15 rankers in India's Most 'Value'able CEOs survey conducted by Business World
Voltas MD Ashok Soni has been placed 13th in the value ranking based on various performance parameters of the company, and 3rd in the rankings by sector (Industrials) based on compensation per point.
Two other Tata companies' CEOs who also figure in the top 15 value ranking are Bhaskar Bhat - Titan Industries (7th), and Prasad R. Menon - Tata Power Co. (12th).
The rankings were based on parameters such as Sales Performance, Profit Performance, Stock Price Performance and Market Capitalization, for a two year period - 1st April 2006 to 31st March 2008.
In addition, compensation for the CEO was captured, and a compensation per point score calculated to arrive at a composite measure of CEO compensation. The company whose CEO receives the lowest compensation per point is the one that gives shareholders the most bang for their buck: in other words, the most 'value'able CEO.
