Business Organizations

Company Overview of – Adani Ports, Asian Paints, Axis Bank

Here we will look at three important companies in the Indian business ecosystem. A major player in the logistics field – Adani Ports, the one who paints our lives – Asian Paints and the one we trust in matters of our hard earned money – Axis Bank.

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Adani Ports and Special Economic Zone LTD

axis bank

  • Incorporation year: 1998
  • Ownership group: Adani Group
  • Headquarters: Ahmedabad, Gujarat, India
  • Present head: Gautambhai Shantilal Adani
  • CEO and Wholetime director: Karan Adani
  • Chief Financial Officer: Ravi Bhamidipaty

Adani Ports and SEZ Ltd (APSEZ ) is India’s largest private multi-port operator. It has its presence market at ten strategic locations and in sync, with the Sez at Mundra it represents a large network of ports. The ten ports are mentioned below:

  • Port of Trivandrum, Kerala
  • Mundra, Gujarat
  • Hazira, Gujarat
  • Dahej, Gujarat
  • Tuna, Gujarat (Terminal)
  • Mormugao, Goa (Terminal)
  • Vizag, Andhra Pradesh (Terminal)
  • Kattupalli, Tamil Nadu
  • Ennore, Tamil Nadu (Terminal)
  • Dhamra, Odisha

Since 2013, the Mundra port is India’s largest private commercial port. Further, it hosts the world’s largest coal import terminal. In fact, according to the analysis of Morgan Stanley, APSEZ has been doing quite better than it’s global counterparts. In the financial year 2016-2017 the revenue of APSEZ was 94.79 billion rupees.

The Company’s Own Words

Seamless multi-modal logistics solutions are provided right to and from the customers’ premises. Our Inland Container Depots help ports expand their hinterland connectivity while our private rakes and strategic alliances help in seamless pan-India cargo movement.

In News

The Adani group made headlines in 2013 when a committee set up by Sunita Narain of Centre for Science and Environment began inspecting their ship-breaking facility near Mundra West port. Various allegations including the destruction of mangroves and blocking of creeks were raised. Further in 2017, the group once again made to the front pages of various newspapers, for accusations of diverting money to their tax havens overseas.

Asian Paints

axis bank

  • Founded: 1942
  • Headquarters: Mumbai, India
  • Chairman: Ashwin Choksi
  • Present head (MD and CEO): K.B.S. Anand
  • Chief Financial Officer: Jayesh Merchant

Asian Paints is an Indian multi-national company, which operates in 19 countries. Further, it has 26 manufacturing facilities, serving 19 countries. Interestingly, it is India’s largest and Asia’s largest paints corporation. Primarily, it manufactures paints for decorative and industrial use.

Data collected in 2015 reveal that the market share of Asian Paints in the paints sector is 54.1%. Evidently, it is double the size of its closest Indian rivals namely- Kansai Nerolac Paints, Shalimar Paints, Jensen and Nicholson Ltd., and Berger Ltd. As noted in 2016, Asian Paints Ltd. had revenue of 15,852 crore Rupees and employed 6,067 people.

Company’s Vision

Asian Paints aims at etching its name in the top-five decorative coating companies, eyeing the high growth potential markets. Further, it intends to establish itself in the global market of industrial coatings with the help of its global partners.


The roots of the company were laid by four friends in Mumbai, Champaklal H. Choksey, Surakant C. Dani, Arvind R. Vakil, and Chimanlal N. Choksi. Later, some disputes resulted in the Choskey family selling its share which was eventually bought by the three families.

Portfolio of Products

  • Asian Paints manufactures paints for both industrial and decorative use
  • In decorative paints, Asian Paints is present in all four segments: interior wall finishes, exterior wall finishes, enamels, and wood finishes
  • Sale and distribution of products related to home decor, bath fittings and providing of related services

Axis Bank

axis bank

  • Incorporation year: 1993
  • Headquarter: Mumbai, Maharashtra, India
  • Present Head (MD and CEO): Mr. Amitabh Chaudhry
  • Chairman: Mr. Sanjiv Misra
  • Chief Financial Officer: Jairam Sridharan

Axis bank is the third largest private sector bank in India. It offers financial services to large and mid-range companies, SME and retail businesses. Further, it has 3,703 branches, 13,814 ATMs, and nine international offices. In light of the above facts, it becomes easy to conclude that Axis bank is an important company for the Indian economy.

In fact, in the year 2017-18, it had a revenue of ₹29,585 crore. Also, it is included among the banks of the new generation, given that it began operations in 1994. However, it was not always known as the Axis bank.


Rather known as the UTI bank, it was inaugurated in 1994 by DR. Manmohan Singh. Furthermore, it was promoted by UTI, LIC, GIC, National Insurance company Ltd.,  The New India Assurance Company Ltd., The Oriental Insurance Company Ltd., and United India Insurance Company Ltd. In 2001, the UTI bank moved the Reserve Bank of India for a merger with the Global Trust Bank. However, a suggestion by the RBI gave rise to a UTI and Oriental Bank of Commerce merger. Later in 2007, it was renamed to the Axis Bank.

Company’s Vision

To be the preferred financial solutions provider excelling in customer delivery through insight, empowered employees and smart use of technology. Also, the core values include customer centricity, ethics, transparency, teamwork, and ownership.


  • Retail Banking: The bank offers lending services to small businesses, along with liability products, card services, ATM services, internet banking, depository, financial advisory services, and Non- Resident Indian services.
  • Corporate Banking: Credit, treasury, syndication, investment banking, and trustee services.
  • International Banking: Lastly, Axis bank offers corporate banking, trade finance, treasury and risk management solutions through the branches at Singapore, Hong Kong, DIFC, Shanghai and Colombo, and also retail liability products from its branches at Hong Kong and Colombo.

Solved Example on the operation of Axis Bank

Q: What are the various segments of the operation of Axis Bank?

Ans: Axis bank offers financial services in three segments: Retail Banking, Corporate Banking, and International Banking.

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