Niwas Spinning Mills Ltd.
BSE: 521009 |
Sector: Industrials |
NSE: N.A. |
ISIN Code: N.A. |
BSE
05:30 | 01 Jan
|
Niwas Spinning Mills Ltd
|
NSE
05:30 | 01 Jan
|
Niwas Spinning Mills Ltd
|
Niwas Spinning Mills Ltd. (NIWASSPINNING) - Chairman Speech
Company chairman speech
Annual Report 1998-99
Digital Equipment (India) Limited
CHAIRMAN'S STATEMENT
Dear Shareholders,
We are fast approaching the dawn of a new millennium. There is excitement
in the air. Of the old, giving way to the new. Changing times have given
rise to new ways of doing business, to ensure one remains competitive in
the market place. Globalisation of business has led to the need for
globally deployable technologies. Today, 'anytime-anywhere computing' has
moved from being an expectation to reality.
The merger of Compaq and DIGITAL gave us an opportunity to reorganise our
business to address current market needs. The need to ramp up the software
business was evident, leading to the most appropriate decision to realign.
As a result, Digital India is today a focused software and services
company.
Digital India is an independent company chartered to grow its business and
increase shareholder value. The strategy is for Digital India to become the
'Trusted Partner' for providing high quality, cost effective software
solutions to our customers world-wide. The Company has started targeting
external business while pursuing its objective to be the preferred
outsourcing partner to Compaq. Besides being a customer itself, Compaq will
provide Digital India access to new markets and technologies. As an
investor, with a history of good corporate governance, Compaq will help
Digital India establish high standards of governance.
With extended enterprises highly dependent on the Internet for support of
business processes, the Company will now offer among others, a portfolio of
software services with focus on e-business solutions.
The year has been one of significant changes for Digital India. In the past
few months we have made progress on all fronts. An efficient business
organisation has evolved, keeping in mind our new requirements and the
needs to achieve the highest level of operational efficiency. A highly
experienced management team is in place. The strategy for growth has been
articulated and implementation started.
Once again, I wish to thank you for your support in the past and welcome
you to the new Digital India. We invite you to share our dreams and
aspirations. The future is bright and our foundations firm. Together, we
can make it happen.
Thank you.
Kannankote Srikanth
August 31, 1999 Chairman
|
Quick Links for Niwas Spinning Mills: