- article on jamshedpur as the base for tata steel ft corporate longevity november 2015
- http://www.economist.com/blogs/prospero/2016/04/men-steel
- http://www.economist.com/news/leaders/21710259-one-asias-most-important-firms-has-descended-chaos-its-patriarch-ratan-tata-largely, http://www.economist.com/news/business/21710304-indias-biggest-firm-adds-internal-strife-its-long-list-problems-clash-tatas
- https://www.ft.com/content/b912652a-f30f-11e6-8758-6876151821a6 tata in turmoil
hotel
- The Indian Hotels Company Limited (IHCL) is an Indian hospitality company that manages a portfolio of hotels, resorts, jungle safaris, palaces, spas and in-flight catering services. It is a subsidiary of the Tata Group conglomerate. IHCL was founded in 1899 by Jamsetji Tata and is headquartered in Mumbai, Maharashtra.
- Taj Hotels is a chain of luxury hotels and a subsidiary of the Indian Hotels Company Limited[2] - headquartered at Express Towers, Nariman Point in Mumbai. Incorporated by the founder of the Tata Group, Jamsetji Tata, in 1903, the company is a part of the Tata Group, one of India's largest business conglomerates.
- scmp 13may19 on its success in china
turkey
- Air-conditioner maker VoltasBSE 1.30 % and Turkey's Ardutch have agreed to set up a joint venture company in India with equity capital of USD 100 million, marking the former's foray into consumer durables sector. "Voltas Limited, a Tata Enterprise; and Ardutch BV, a subsidiary of Arcelik AS - part of the Koc Group, have agreed to establish a joint venture company (JVC) in India, to enter the consumer durables market in the country. Read more at:
- organisation structure
- ft 21feb19
- http://www.ft.com/cms/s/0/c6cd84ac-10de-11e5-8413-00144feabdc0.htmlMukesh Ambani, the chairman of Reliance Industries and India's richest man, is poised to launch his much-delayed telecoms business by December, following a Rs1tn ($16bn) investment that marks one of the riskiest and most expensive gambles in Indian corporate history.The commercial launch of Mr Ambani's Reliance Jio mobile data business, which will offer superfast fourth-generation broadband services over smartphones, will be keenly watched by anxious rivals across India's battered telecoms sector.
- http://www.ft.com/intl/cms/s/0/5a34bfc2-814a-11e5-a01c-8650859a4767.html Next month, Mr Ambani’s Reliance Industries conglomerate will launch Reliance Jio, a telecoms data business. For lesser tycoons this $16bn investment might be considered potentially ruinous. For Mr Ambani, whose fortune weighs in at $21bn, it is merely a very expensive gamble.
- https://www.scmp.com/magazines/style/news-trends/article/3084234/akash-ambani-collecting-supercars-wooing-mark The Reliance Industries heir has been hailed for convincing Facebook to invest US$5.7 billion in Jio Platforms – and is an avid sports fan who owns Sunil Gavaskar’s 1983 Cricket World Cup-winning bat and an ‘Invincibles’ Arsenal football shirt
- A few years ago, investors hoped Mr Ambani would narrow his gaze, building on Reliance’s strengths in refining and petrochemicals to create an energy major to rival Shell or BP. Doing so might allow him to shed the conglomerate discount assumed to be built into Reliance’s stock price. Instead, the billionaire became ever more expansive. As well as telecoms, Reliance is now pushing into retail while also dabbling in media.
- china
- https://www.scmp.com/news/asia/south-asia/article/3037007/chinese-banks-sue-anil-ambani-brother-asias-richest-man-over Three Chinese banks are suing the brother of Asia’s richest man in a London court for failing to pay back US$680 million in defaulted loans.The Mumbai branch of Industrial and Commercial Bank of China (ICBC), China Development Bank and the Export-Import Bank of China agreed to loan US$925.2 million to Anil Ambani’s firm Reliance Communications in 2012 on condition that he provided a personal guarantee, ICBC’s lawyer Bankim Thanki told the court. Some repayments were made by the wireless carrier, but in February 2017 it defaulted on its payment obligations.
Bharti enterprises, has been tied up with by Walmart (source: hkea bulletin: autumn 2011)
http://www.scmp.com/news/asia/article/1597601/brash-new-indian-tycoons-vijay-mallya-subrata-roy-and-t-venkattram-reddy (same article in China Daily 22sept14)
avantha group
Sahara India Pariwar is an Indian conglomerate headquartered in Lucknow,India with business interests in finance, infrastructure & housing, media & entertainment, consumer merchandise retail venture, manufacturing and information technology. The company has an estimated market capitalisation ofUS$25.94 billion as of March 2011. The group is a major promoter of sports in India and was[3] the main sponsor of theIndia national cricket team. The company owns a 42.5% stake in Formula One'sForce India Formula 1 Team and also sponsors India national field hockey team. In more recent times, the company has faced criticism due to allegations regarding questionable financial practices,crony capitalism and its close nexus with and favoritism from political parties.
Bharat Forge Limited (BFL), is a Pune-based Indian multinational company involved in automotive, power, oil and gas, construction & mining, locomotive, marine and aerospace industries. The company was founded by Nilkanthrao Kalyani in 1961. The current chairman of the company is his son, Baba Kalyani. It is part of the Kalyani Group, which is a USD 2.5 billion conglomerate with 10,000 global work force. Bharat Forge has signed a Joint Venture with France-based power generation company Alstom for turbines and generators. The Alstom holds 51% of the shares and Bharat Forge 49% in the joint venture. Alstom Bharat Forge Power Ltd also has started its manufacturing facility at Sanand in Gujarat.
- http://www.economist.com/news/business/21702206-indias-indebted-tycoons-are-under-pressure-flog-their-prized-assets-sell-me-if-you-can
The Group's non-ferrous metals are under Hindalco Industries.[8] Its manufacturing locations are primarily in India and it owns mines in Great Sandy Desert, Australia near Nifty Airport called Birla Nifty Copper Operation. On 11 February 2007, the company entered into an agreement to acquire the Canadian company Novelis for US$6 billion,[9] making the combined entity the world's largest rolled-aluminium producer. On 15 May 2007, the acquisition was completed with Novelis shareholders receiving $44.93 per outstanding share of common stock. The Group plans to close a part of its aluminium foil making mill in UK and shift that to its plant near Nagpur. Hindalco makes alumina chemicals, primary aluminium, rolled products, alloy wheels, roofing sheets, wire rods, cast copper rods, copper cathodes and several other products.The Group's cement business was earlier under Grasim Industries and UltraTech Cement. The two entities have now been merged into UltraTech Cement to form India's largest cement company. UltraTech Cement was acquired from L&T in 2004.After purchasing Columbian Chemicals Co (Press Release), the Group is now the largest manufacturer of Carbon black worldwide.The Aditya Birla Group is the world's largest producer of Viscose staple fibre. It operates from India, Laos, Thailand, Malaysia and China. It owns the Birla Cellulose brand. Apart from viscose staple fibre, the group also owns acrylic fibre businesses in Egypt and Thailand, viscose filament yarn businesses and spinning mills in India and South East Asia. The group has pulp and plantation interests in Canada and Laos. It also owns the Domsjö factory in Sweden which exports viscose today. The Swedish government is hoping to negotiate further investments in Sweden, in particular in the hyper-modern future biorefinery in the city of Örnskökdsvik. Its two companies i.e. Aditya Birla Nuvo Ltd and Grasim Bhiwani Textiles Ltd which is a subsidiary of Grasim Industries are in textile business.
Essar Global Fund Limited is an Indian conglomerate group based in Mumbai, India. The Fund is a global investor, controlling a number of world-class assets diversified across the core sectors of Energy, Metals & Mining, Infrastructure (comprising ports and EPC businesses) and Services (primarily comprising shipping and BPO businesses). Essar began as a construction company in 1969 and diversified into manufacturing, services and retail. Essar is managed by Shashi Ruia – Chairman, and Ravi Ruia – Vice Chairman.
Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services. It is headquartered in Bengaluru, Karnataka, India. In 2013, Wipro separated its non-IT businesses into separate companies. The company was incorporated on 29 December 1945 in Amalner, Maharashtra by Mohamed Premji as "Western India Vegetable Products Limited", later abbreviated to "Wipro". It was initially set up as a manufacturer of vegetable and refined oils in Amalner, Maharashtra, British India, under the trade names of Kisan, Sunflower, and Camel. In 1966, after Mohamed Premji's death, his son Azim Premji returned from Stanford University and took over Wipro as its chairman at the age of 21. During the 1970s and 1980s, the company shifted its focus to new business opportunities in the IT and computing industry, which was at a nascent stage in India at the time. On 7 June 1977, the name of the company changed from Western India Vegetable Products Limited, to Wipro Products Limited. The year 1980 marked the arrival of Wipro in the IT domain. In 1982, the name was changed from Wipro Products Limited to Wipro Limited.[10] Meanwhile, Wipro continued to expand in the consumer products domain with the launch of "Ralak" a Tulsi based family soap and "Wipro Jasmine", a toilet soap. In 1988 Premji took a loan of 1 million dollars from Sonkar and Sons to set up the project. Later the entire loan amount was waived.
real estate
- DLF, India’s DLF sinks 25% on fundraising ban
http://www.ft.com/intl/cms/s/0/2217f86c-5364-11e4-929b-00144feab7de.html#axzz3GClIt6Sd, http://in.reuters.com/article/2014/10/14/india-dlf-debt-idINKCN0I31KP20141014
infrastructure
- Tata projects, chinese firms eyes indian railway projects http://usa.chinadaily.com.cn/epaper/2014-09/03/content_18540142.htm
- Gmr group
- Infrastructure Leasing & Financial Services Limited (IL&FS) is an Indian infrastructure development and finance company. It operates through more than 250 subsidiaries including IL & FS Investment managers, IL & FS financial services and IL & FS Transportation networks India Limited (ITNL). Its projects includes some of the largest infrastructure projects in India including India's longest tunnel, Chenani-Nashri Tunnel, which was opened for traffic in April 2017. IL&FS was formed in 1987 as an "RBI registered Core Investment Company" by three financial institutions owned by the government of India, namely the Central Bank of India, Housing Development Finance Corporation (HDFC) and Unit Trust of India (UTI), to provide finance and loans for major infrastructure projects. Gradually, as the organization needed better financing, it additionally opened itself to two large international players, namely Mitsubishi (through Orix corporation Japan) and the Abu Dhabi Investment authority. Subsequently, Life Insurance Corporation India, Orix and ADIA became its largest shareholders, a pattern that continues to this day.Currently, its institutional shareholders include Life Insurance Corporation of India (LIC), ORIX and Abu Dhabi Investment Authority, with small shareholdings by a few Indian banksState Bank of India (SBI) was a share holder till 2017, after which it sold its stake in the company. A few foreign investors including Greenspring associates remain investors in its subsidiary companies, especially IL&FS transportation and IL&FS infrastructure services.
- http://www.cohl.com/en/News/show/2404.html Established in 1928 and after 20-year of development, GMR Group has developed into a diversified group with asset value of HK$5 billion, focusing on infrastructure development, energy and manufacturing sectors. It is projected as an investment construction house that possesses the best growth potential and excellent management system in India. Construction of the Hyderabad International Airport Passenger Terminal Building, one of the GMR Group's investment projects, is currently undertaken by China Overseas Group's subsidiary (China State Construction Engrg. (Hong Kong) Ltd.) A close and good work relationship between GMR Group and China Overseas Group has been maintained. Escorted by senior management of China Overseas Group, the visit tour visited the China Overseas' head office and construction sites in Hong Kong, as well as its office and property project of One HoneyLake in Shenzhen, in an attempt to realize the market environment in both regions. The visit tour met numerous government officials in Shenzhen on 6 September, in which the Sino-India trade relations over past 20 years were reviewed and future co-operation possibilities were explored. The city planning and development of Shenzhen won great appreciation and applaud from the visit tour, and was seen as a sample for India development.
- https://www.reuters.com/article/india-ilfs/update-4-india-takes-control-of-infrastructure-group-ilfs-to-stem-contagion-idUSL4N1WH20Z India on Monday took control of Infrastructure Leasing and Financial Services (IL&FS), in a rare move that it said was needed to protect the country’s financial system and markets from potential collapse. IL&FS, a major infrastructure financing and construction company, defaulted on some of its debt obligations in recent weeks triggering wider concerns about risk in the rest of the country’s financial sector.
- Delhi Mumbai Industrial Corridor Development Corporation Ltd. (DMICDC), a special purpose company, was incorporated to establish, promote and facilitate development of DMIC project. It undertakes project development services for investment regions / industrial areas / economic regions / industrial nodes and townships, for various central government agencies and also assists state governments.
coal
- Coal China (state-controlled)
- Steel Authority of India Limited (SAIL) is an Indian state-owned steel making company based in New Delhi, India . It is a public sector undertaking, owned and operated by the Government of India. SAIL operates and owns 5 integrated steel plants at Bhilai, Rourkela, Durgapur, Bokaro and Burnpur(Asansol) and 3 special steel plants at Salem, Durgapur and Bhadravathi. It also owns a Ferro Alloy plant at Chandrapur. As a part of its global ambition, the company is undergoing a massive expansion and modernisation programme involving upgrading and building new facilities with emphasis on state of the art green technology. According to a recent survey, SAIL is one of India's fastest growing Public Sector Units. Besides, it has R&D centre for Iron & Steel (RDCIS), Centre for Engineering and Technology (CET), Management Training Institute (MTI) and SAIL Safety Organisation (SSO) located at Ranchi capital of Jharkhand.SAIL traces its origin to the Hindustan Steel Limited (HSL) which was set up on 19 January 1954. HSL was initially designed to manage only one plant that was coming up at Rourkela. For Bhilai and Durgapur Steel Plants, the preliminary work was done by the Iron and Steel Ministry. From April 1957, the supervision and control of these two steel plants were also transferred to Hindustan Steel. The registered office was originally in New Delhi. It moved to Calcutta in July 1956, and ultimately to Ranchi in December 1959. A new steel company, Bokaro Steel Limited (Bokaro Steel Plant), was incorporated on 29 January 1964 [5][6] to construct and operate the steel plant at Bokaro.
retail
- Raheja Group
- Reliance Retail
- Tata Trent
- Future Group
- RPG Retail
- Ebony Retail Holdings
- Shoppers Stop http://www.chinadaily.com.cn/cndy/2015-05/20/content_20767398.htm Ever since Amazon.com Inc and others started shipping items ranging from lingerie to iPads,Shoppers Stop Ltd, India's oldest department chain store, has been under pressure to scale upits online sales. That necessity is felt even more acutely now as it seeks to revive profit growth. ManagingDirector Govind Shrikhande, 54, is looking at a combination of e-commerce plus physical storesto boost margins as rising land prices drive up rents. Online sales will account for 20 percent ofShoppers Stop's total by 2020, compared with less than 1 percent now, he said in an interview.
- Flipkart
- amazon.in
- alibaba
- snapdeal
- lenskart
- pepperfry
- Jabong
- myntra
- big basket, http://www.ft.com/cms/s/0/6af8fb3c-1a3b-11e5-a130-2e7db721f996.html Big Basket, India’s only egrocery developing its own integrated back-end supply chain from scratch, believes the battle for customer loyalty — and market share — can be won through the reliable supply of high-quality fruit and vegetables to finicky customers, short on time to pick over produce themselves.
- ShopClues.com is an online marketplace, headquartered in Gurgaon, India. The company was founded in California's Silicon Valley in 2011. It has over 12,000 registered merchants retail +2,00,000 products on the platform to over 42 million visitors every year across 9500 locations in the country. ShopClues joined as 35th entrant in the Indian e-commerce in 2011. The company employs about 700 people across different locations.
bank
- The Imperial Bank of India (IBI) was the oldest and the largest commercial bank of the Indian subcontinent, and was subsequently transformed into the State Bank of Indiain 1955. Initially, as per its royal charter, it acted as the central bank for British India prior to the formation of the Reserve Bank of India in 1935. The Imperial Bank of India came into existence on 27 January 1921 through the reorganisation and amalgamation of the three Presidency Banks of colonial India into a single banking entity, spearheaded by John Maynard Keynes. The Presidency Banks were the Bank of Bengal, established on 2 June 1806, the Bank of Bombay(incorporated on 15 April 1840), and the Bank of Madras (incorporated on 1 July 1843). The Imperial Bank was 80% privately owned while the rest were owned by the state.The Imperial Bank of India performed all the normal functions which a commercial bank was expected to perform. In the absence of any central banking institution in India until 1935, the Imperial Bank of India also performed a number of functions which are normally carried out by a central bank.
- State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation headquartered in Mumbai, Maharashtra.
- The roots of the State Bank of India lie in the first decade of the 19th century, when the Bank of Calcutta later renamed the Bank of Bengal, was established on 2 June 1806. The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay (incorporated on 15 April 1840) and the Bank of Madras(incorporated on 1 July 1843). All three Presidency banks were incorporated as joint stock companies and were the result of royal charters. These three banks received the exclusive right to issue paper currency till 1861 when, with the Paper Currency Act, the right was taken over by the Government of India. The Presidency banks amalgamated on 27 January 1921, and the re-organised banking entity took as its name Imperial Bank of India. The Imperial Bank of India remained a joint stock company but without Government participation. Pursuant to the provisions of the State Bank of India Act of 1955 （http://legislative.gov.in/sites/default/files/A1955-23.pdf）, the Reserve Bank of India, which is India's central bank, acquired a controlling interest in the Imperial Bank of India. On 1 July 1955, the imperial Bank of India became the State Bank of India. In 2008, the Government of India acquired the Reserve Bank of India's stake in SBI so as to remove any conflict of interest because the RBI is the country's banking regulatory authority. In 1959, the government passed the State Bank of India (Subsidiary Banks) Act. This made SBI subsidiaries of eight that had belonged to princely states prior to their nationalization and operational takeover between September 1959 and October 1960, which made eight state banks associates of SBI. This une with the first Five Year Plan, which prioritised the development of rural India. The government integrated these banks into the State Bank of India system to expand its rural outreach. In 1963 SBI merged State Bank of Jaipur (est. 1943) and State Bank of Bikaner (est.1944).
- Arundhati Bhattacharya is an Indian banker and is currently the Chairman of the State Bank of India. She is the first woman to be the Chairperson of State Bank of India. In 2016, she was listed as the 25th most powerful woman in the world by Forbes. she studied in S. X. S Bokaro. hket 31mar17 a20
- Punjab National Bank (PNB) is an Indian multinational banking and financial services company. It is a state-owned corporation based in New Delhi, India. Punjab National Bank was registered on 19 May 1894 under the Indian Companies Act, with its office in Anarkali Bazaar, Lahore, in present-day Pakistan. The founding board was drawn from different parts of India professing different faiths and of varying back-ground with, the common objective of creating a truly national bank that would further the economic interest of the country.[1] PNB's founders included several leaders of the Swadeshi movement such as Dyal Singh Majithia and Lala Harkishen Lal, Lala Lalchand, Kali Prosanna Roy, E. C. Jessawala, Prabhu Dayal, Bakshi Jaishi Ram, and Lala Dholan Dass. Lala Lajpat Rai was actively associated with the management of the Bank in its early years. The board first met on 23 May 1894.[1] The bank opened for business on 12 April 1895 in Lahore. PNB has the distinction of being the first Indian bank to have been started solely with Indian capital that has survived to the present. (The first entirely Indian bank, Oudh Commercial Bank, was established in 1881 in Faizabad, but failed in 1958.) PNB has had the privilege of maintaining accounts of national leaders such as Mahatma Gandhi, Jawahar Lal Nehru, Lal Bahadur Shastri, Indira Gandhi, as well as the account of the famous Jalianwala Bagh Committee.
- Oriental Bank of Commerce is an India-based bank established in Lahore (then the city of British India, and currently in Pakistan), is one of the public sector banks in India.Rai Bahadur Lala ji Sohan lala ji the first Chairman of the Bank, founded OBC in 1943 in Lahore. Within four years of its coming into existence, OBC had to face Partition. The bank had to close down its branches in the newly formed Pakistan and shift its registered office from Lahore to Amritsar. Lala Karam Chand Thapar, the then Chairman of the Bank, in a unique gesture honoured the commitments made to the depositors from Pakistan and paid every rupee to its departing customers.[citation needed] The Bank has witnessed many ups and downs since its establishment. The period of 1970-76 is said to be the most challenging phase in the history of the Bank.[citation needed] At one time profit plummeted to ₹175, that prompted the owner of the bank, the Thapar House, to sell / close the bank. Then employees and leaders of the Bank came forward to rescue the Bank. The owners were moved and had to change their decision of selling the bank and in turn they decided to improve the position of the bank with the active cooperation and support of all the employees. Their efforts bore fruits and performance of the bank improved significantly. This was the turning point in the history of the bank.[citation needed] The bank was nationalised on 15 April 1980. At that time OBC ranked 19th among the 20 nationalised banks.[citation needed] In 1997, OBC acquired two banks: Bari Doab Bank and Punjab Cooperative Bank. The acquisition of these two banks brought with it no additional branches. The bank has progressed on several fronts, crossing the Business Mix mark of ₹2 lac crores as on 31 March 2010 making it the seventh largest Public Sector Bank in India.[citation needed] On 14 August 2004, OBC amalgamated Global Trust Bank (GTB). GTB was a leading private sector bank in India that was associated with various financial discrepancies leading to a moratorium being imposed by RBI shortly before it merged into OBC.
- ICICI Bank, stands for Industrial Credit and Investment Corporation of India, it is an Indian multinational banking and financial servicescompany headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara.
- Micro Units Development and Refinance Agency Bank (or MUDRA Bank) is a public sector financial institution in India. It provides loans at low rates to micro-finance institutions and non-banking financial institutions which then provide credit to MSMEs. It was launched by Prime Minister Narendra Modi on 8 April 2015.
- Dewan Housing Finance Corporation Ltd. (DHFL) is a deposit-taking housing finance company, headquartered in Mumbai with branches in major cities across India.[2][3] DHFL was established to enable access to affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India. DHFL is the second housing finance company to be established in the country.[4] The company also leases commercial and residential premises. DHFL was established and incorporated by Rajesh Kumar Wadhawan on 11 April 1984. The name of the company was changed to Dewan Housing Development Finance Ltd. and later to Dewan Housing Finance Corporation.
stock exchange
- The Bombay Stock Exchange (BSE) is an Indian stock exchange located at Dalal Street, Mumbai (formerly Bombay). Established in 1875, the BSE (formerly known as Bombay Stock Exchange Ltd.)[4] is Asia’s first stock exchange.
food- https://www.ft.com/content/3ec1627e-5792-11e8-bdb7-f6677d2e1ce8
Indian investigators probing an alleged $2bn fraud at Punjab National Bank have filed charges against 22 people including a former chief executive of the bank, amid a scandal that has sparked fears about governance standards at the country’s huge state-owned lenders.
- Oriental Bank of Commerce is an India-based bank established in Lahore (then the city of British India, and currently in Pakistan), is one of the public sector banks in India.Rai Bahadur Lala ji Sohan lala ji the first Chairman of the Bank, founded OBC in 1943 in Lahore. Within four years of its coming into existence, OBC had to face Partition. The bank had to close down its branches in the newly formed Pakistan and shift its registered office from Lahore to Amritsar. Lala Karam Chand Thapar, the then Chairman of the Bank, in a unique gesture honoured the commitments made to the depositors from Pakistan and paid every rupee to its departing customers.[citation needed] The Bank has witnessed many ups and downs since its establishment. The period of 1970-76 is said to be the most challenging phase in the history of the Bank.[citation needed] At one time profit plummeted to ₹175, that prompted the owner of the bank, the Thapar House, to sell / close the bank. Then employees and leaders of the Bank came forward to rescue the Bank. The owners were moved and had to change their decision of selling the bank and in turn they decided to improve the position of the bank with the active cooperation and support of all the employees. Their efforts bore fruits and performance of the bank improved significantly. This was the turning point in the history of the bank.[citation needed] The bank was nationalised on 15 April 1980. At that time OBC ranked 19th among the 20 nationalised banks.[citation needed] In 1997, OBC acquired two banks: Bari Doab Bank and Punjab Cooperative Bank. The acquisition of these two banks brought with it no additional branches. The bank has progressed on several fronts, crossing the Business Mix mark of ₹2 lac crores as on 31 March 2010 making it the seventh largest Public Sector Bank in India.[citation needed] On 14 August 2004, OBC amalgamated Global Trust Bank (GTB). GTB was a leading private sector bank in India that was associated with various financial discrepancies leading to a moratorium being imposed by RBI shortly before it merged into OBC.
- ICICI Bank, stands for Industrial Credit and Investment Corporation of India, it is an Indian multinational banking and financial servicescompany headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara.
- https://www.ft.com/content/1b462f5a-33e8-11e8-a3ae-fd3fd4564aa6 ICICI Bank, India’s largest private-sector lender by assets, has defended its longstanding chief executive Chanda Kochhar after a newspaper investigation suggested possible conflicts of interest in relation to her husband’s business dealings. The controversy comes as scrutiny of governance standards in India’s banking sector intensifies, after surging bad loans and an alleged $2bn fraud at Punjab National Bank. An investigation by the Indian Express says that over five years from 2008, Ms Kochhar’s husband, Deepak Kochhar, undertook a series of transactions with Venugopal Dhoot, controlling shareholder of electronics group Videocon.
- 管有通知 singtao 12jul18 a8
- Tamilnad Mercantile Bank Limited (TMB) is a bank headquartered at Thoothukudi, Tamil Nadu, India. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. The history of Tamilnad Mercantile Bank dates back to 1921.[7] The idea to establish a bank for the Nadar business community was first proposed at the annual meeting of the Nadar Mahajana Sangam held at Thoothukudi in 1920.[10] In 1921 AMM Sinnamani Nadar[11], then only 27—took the initiative and played a pivotal role in formation of the bank. AMM Sinnamani Nadar[12] also took the initiative to identify other founding members for TMB.The bank was originally registered on 11 May 1921 as Nadar Bank Limited under the Indian Companies Act, 1913. M.V.Shanmugavel Nadar was elected as the first chairman on 4 November 1921. The bank was opened to the public by T.V.Balagurusamy Nadar on 11 November 1921 in Ana Mavanna Building at South Raja Street, Thoothukudi.In 1937 Nadar Bank opened a branch in Sri Lanka, but by 1939 it had closed it.By 1947 the bank had only four branches: Thoothukudi, Madurai, Sivakasi and Virudhunagar.[7] The bank opened its first Indian branch outside the state of Tamil Nadu in 1976 at Bengaluru.
- 渣打集團(02888)被指於○七年對印度一家銀行的收購交易，違反外匯規定，有傳渣打遭印度監管機構罰款10億盧比（約1.06億港元），為印度對外資銀行開出的最大罰單之一。外電報道，據印度監管機構今年八月發出的命令，指經過八年調查，發現渣打與一組投資者合作收購Tamilnad Mercantile Bank股權時，違反當地外匯管理法，該法案主要監管離岸金融交易，渣打在交易中擔任股權託管機構。該命令表示，○七年Tamilnad Mercantile Bank在未尋求印度央行的許可下，將股份轉讓給多間海外投資機構，部分股權於○八年轉讓予渣打一家分公司，此交易亦未經印度央行允許。https://orientaldaily.on.cc/cnt/finance/20200909/00202_011.html
- Dewan Housing Finance Corporation Ltd. (DHFL) is a deposit-taking housing finance company, headquartered in Mumbai with branches in major cities across India.[2][3] DHFL was established to enable access to affordable housing finance to the lower and middle income groups in semi-urban and rural parts of India. DHFL is the second housing finance company to be established in the country.[4] The company also leases commercial and residential premises. DHFL was established and incorporated by Rajesh Kumar Wadhawan on 11 April 1984. The name of the company was changed to Dewan Housing Development Finance Ltd. and later to Dewan Housing Finance Corporation.
- https://www.news18.com/news/business/deloitte-quits-as-auditor-of-crisis-hit-dhfl-report-2258023.html
- economist 5cot19 "losts of no-nos" yes bank has become an example of all that ails india's banking system
stock exchange
- The Bombay Stock Exchange (BSE) is an Indian stock exchange located at Dalal Street, Mumbai (formerly Bombay). Established in 1875, the BSE (formerly known as Bombay Stock Exchange Ltd.)[4] is Asia’s first stock exchange.
- Bombay Stock Exchange was founded by Premchand Roychand. He was one of the most influential businessmen in 19th-century Bombay. A man who made a fortune in the stockbroking business and came to be known as the Cotton King, the Bullion King or just the Big Bull. He was also the founder of the Native Share and Stock Brokers Association, an institution that is now known as the BSE. While BSE Ltd is now synonymous with Dalal Street, it was not always so. The first venue of the earliest stock broker meetings in the 1850s was in rather natural environs - under banyan trees - in front of the Town Hall, where Horniman Circle is now situated. A decade later, the brokers moved their venue to another set of foliage, this time under banyan trees at the junction of Meadows Street and what is now called Mahatma Gandhi Road. As the number of brokers increased, they had to shift from place to place, but they always overflowed to the streets. At last, in 1874, the brokers found a permanent place, and one that they could, quite literally, call their own. The new place was, aptly, called Dalal Street (Brokers' Street).
- https://www.bloomberg.com/news/articles/2018-05-22/biggest-india-exchange-sues-singapore-bourse-to-halt-products The National Stock Exchange of India Ltd. sued Singapore Exchange Ltd. in a Mumbai court, escalating a dispute that threatens to leave international investors without one of the world’s most widely used offshore futures contracts. NSE is trying to stop its Singapore counterpart from launching derivatives that could replace the Nifty 50 contracts that have traded in the city-state for 18 years.
- PVR Limited, partnered with Starbucks (source: hkea bulletin: autumn 2011)
- Fan Chengliang owns a company that exports Indian spices such as pepper and cumin to the Chinese market.http://www.chinadailyasia.com/chinafocus/2014-09/23/content_15169636.html
- Exhibited at 2016 tdc food fair
- shri lal mahal limited
- est in 1907
- exhibited at 2019 tdc food fr
spices
- http://www.bafnaenterprises.com
- Allied blenders and distillers
- 3rd largest in india
agriculture
- Jain irrigation systems ltd
- sahara http://www.saharaindiapariwar.org/index.html (economist 28jun-4jul14 issue p67)
- Paytm is an Indian e-commerce website headquartered in Noida, India. It was launched in 2010 and adds to the industry of FinTech in India. It is owned by One97 Communications. The firm started by offering mobile recharging, adding bill payment and e-commerce, with products similar to businesses such as Flipkart,Amazon.com, Snapdeal. In 2015, it further added booking bus travel.[3] Paytm also launched movie ticket booking by partnering with Cinépolis in the year 2016.
- http://www.ft.com/intl/cms/s/0/18c7bfe2-7ee5-11e5-93c6-bba4b4b36134.html payTM, the Indian payments start-up supported by Alibaba of China, plans to invest Rs50bn ($764m) in an aggressive three-year expansion, as it aims to become India’s largest ecommerce group by revenue. In September, PayTM completed a second funding round from Alibaba and its online payments affiliate Ant Financial, bringing its total Chinese funding to $680m. The deal valued PayTM at $2.5bn, making it one of India’s most valuable start-ups.
air cooler
- http://www.economist.com/news/business/21641256-how-maker-air-coolers-survived-disastrous-diversification-symphony-solo Symphony’s success started when its founder, Achal Bakeri, returned to India in 1988 with an American MBA, determined to sidestep the family property business. He spotted a gap in a growing market: cooling rooms. Air-conditioners, which work by compressing gas, like refrigerators, are costly to buy and run. Air-coolers, which work on simple evaporation, are cheaper—but the models on sale in India tended to be clunky, noisy appliances, made to order in simple workshops. Mr Bakeri designed an elegant, quiet, mass-produced alternative. Success came quickly, particularly after an audacious bet—a full-page advertisement in the Times of India, costing more than the then value of the firm’s inventory—paid off.
- DR International http://drinternational.com/ , http://www.huffingtonpost.in/2015/06/01/bhanwarlal-raghunath-doshi_n_7482218.html Bhanwarlal Raghunath Doshi, The Millionaire Who Gave Up His Empire To Become A Jain Monk
- air india
- Sale of debt-laden Air India set for final approval ft 26jun17
- Jet Airways is a major Indian international airline based in Mumbai. In October 2017, it was the second-largest airline in India after IndiGo with a 17.8% passenger market share.Jet Airways was incorporated as a limited liability company on 1 April 1992.[5] It started operations as an air taxi operator on 5 May 1993 with a fleet of four leased Boeing 737-300 aircraft.[5] The airline was granted a scheduled airline status on 14 January 1995.[5] On 12 May 1994, all the shares were transferred to Tailwinds International, whose equity capital was held by Naresh Goyal (60%), Gulf Air (20%) and Kuwait Airways(20%). In October 1997, as per the directive of Ministry of Civil Aviation forbidding foreign investment in passenger airlines, Goyal took control of the entire company.[5] The airline launched its first international flight in March 2004 from Chennai to Colombo.[10] The company was listed on the Bombay Stock Exchange and became public company on 28 December 2004, with Goyal retaining 51% ownership of the stock.
- Leading audit firm BSR & Co, an affiliate of KPMG India, has refused to sign the first quarter results of Jet AirwaysNSE 2.61 % due to differing views over interpretations of some accounting rules, two people with direct knowledge of the matter told ET. The firm and the airline are in talks to resolve the issue, but there has been a deadlock. It was not resolved till late Sunday evening and could take some more time. Read more at: //economictimes.indiatimes.com/articleshow/65381983.cms
- Indian Railways (IR) is India's national railway system operated by the Ministry of Railways. It is one of the public facilities given by the government and manages the fourth largest railway network in the world by size,The first railway proposals for India were made in Madras in 1832.[9] The country's first train, Red Hill Railway (built by Arthur Cotton to transport granite for road-building), ran from Red Hills to the Chintadripet bridge in Madras in 1837.[9] In 1845, the Godavari Dam Construction Railway was built by Cotton at Dowleswaram in Rajahmundry, to supply stone for the construction of a dam over the Godavari River. In 1851, the Solani Aqueduct Railway was built by Proby Cautley in Roorkee to transport construction materials for an aqueductover the Solani River.
motorbike
- hero motocorp http://www.economist.com/news/business/21635496-one-worlds-biggest-motorcycle-makers-wants-become-even-bigger-coming-out-hero
- Mahindra and Mahindra Limited (M&M) is an Indian multinational automobilemanufacturing corporation headquartered in Mumbai, Maharashtra, India.[3] It is one of the largest vehicle manufacturers by production in India and the largest manufacturer of tractors across the world.[4] It is a part of Mahindra Group, an Indian conglomerate.
- Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited
- "Surya Ram Maruti Technical Services Private Ltd" (MTSPL), a private company, was launched in 1970, to provide technical know-how for the design, manufacture and assembly of "a wholly indigenous motor car". Under the Companies Act, Maruti Limited was incorporated in June 1971. Maruti Limited went into liquidation in 1977. Further, Maruti Udyog Ltd was incorporated through the efforts of Dr. V. Krishnamurthy.
- In 1982, a license and joint venture agreement (JVA) was signed between Maruti Udyog Ltd, and Suzuki of Japan. At first, Maruti Suzuki was mainly an importer of cars. In India's closed market, Maruti received the right to import 40,000 fully built-up Suzuki in the first two years, and even after that the early goal was to use only 33% indigenous parts. This upset the local manufacturers considerably. There were also some concerns that the Indian market was too small to absorb the comparatively large production planned by Maruti Suzuki, with the government even considering adjusting the petrol tax and lowering the excise duty in order to boost sales.[14] Local production commenced in December 1983.[15] In 1984, the Maruti Van with the same three-cylinder engine as the 800 was released and the installed capacity of the plant in Gurgaon reached 40,000 units. In 1985, the Suzuki SJ410-based Gypsy, a 970 cc 4WD off-road vehicle, was launched. In 1986, the original 800 was replaced by an all-new model of the 796 cc hatchback Suzuki Alto and the 100,000th vehicle was produced by the company.[13][dead link] In 1987, the company started exporting to the West, when a lot of 500 cars were sent to Hungary. By 1988, the capacity of the Gurgaon plant was increased to 100,000 units per annum.
- Relationship between the Government of India, under the United Front (India) coalition and Suzuki Motor Corporation over the joint venture was a point of heated debate in the Indian media until Suzuki Motor Corporation gained the controlling stake. This highly profitable joint venture that had a near monopolistic trade in the Indian automobile market and the nature of the partnership built up till then was the underlying reason for most issues. The success of the joint venture led Suzuki to increase its equity from 26% to 40% in 1987, and to 50% in 1992, and further to 56.21% as of 2013.[20] In 1982, both the venture partners entered into an agreement to nominate their candidate for the post of Managing Director and every Managing Director would have a tenure of five years
- ANI Technologies Pvt. Ltd., operating under the trade name Ola, is an Indian online transportation network company. It was founded as an online cab aggregator in Mumbai, but is now based in Bangalore.
- https://www.reuters.com/article/us-india-ola-softbank-group/indias-ola-said-to-raise-2-billion-from-softbank-tencent-bloomberg-idUSKCN1C728K
engineering
- Punj Lloyd is an engineering and construction group of India providing integrated design,procurement and project management services for energy and infrastructure sector projects. Punj Lloyd operations are located in the Middle East, the Caspian, the Asia Pacific, theEurope, Africa and South Asia. Punj Lloyd has 50+ subsidiaries and has executed upwards of 200+ projects in 120+ countries. Its main offices are in Gurgaon, Haryana and its stock is listed on the Bombay Stock Exchange [1] and also on National Stock Exchange of India. Punj Lloyd's turn over in 2012 was USD 2.4 billion.[2] Today the turnover is USD 400 million.[citation needed] The Chairman of Punj Lloyd is Atul Punj.
- Ranbaxy Laboratories Limited (BSE: 500359) was an Indian pharmaceutical company that was incorporated in India in 1961. The company went public in 1973 and Japanese pharmaceutical company Daiichi Sankyo acquired a controlling share in 2008.[2] In 2014, Sun Pharma acquired the entire 63.4% share of Ranbaxy making the conglomerate the world’s fifth largest specialty generic pharma company. As of 2013, Ranbaxy was exporting its products to 125 countries with ground operations in 43 and manufacturing facilities in eight countries.Ranbaxy was started by Ranbir Singh and Gurbax Singh in 1937 as a distributor for a Japanese company Shionogi. The name Ranbaxy is a portmanteau of the names of its first owners Ranbir and Gurbax. Bhai Mohan Singh bought the company in 1952 from his cousins Ranbir and Gurbax. After Bhai Mohan Singh's son Parvinder Singh joined the company in 1967, the company saw an increase in scale.On 7 April 2014 India based Sun Pharmaceutical and Japan based Daiichi Sankyo jointly announced the sale of the entire 63.4% share from Daiichi Sankyo to Sun Pharmaceutical in a $4 billion all-share deal. Under these agreements, shareholders of Ranbaxy, were to receive a 0.8 share of Sun Pharmaceutical for each share of Ranbaxy.[3] After this acquisition, the partner Daiichi-Sankyo was to hold a stake of 9% in Sun Pharmaceutical.
- Sun Pharmaceutical Industries Limited (NSE: SUNPHARMA, BSE: 524715) is an Indian multinational pharmaceutical company headquartered in Mumbai, Maharashtra that manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients (APIs) primarily in India and the United States. The company offers formulations in various therapeutic areas, such as cardiology, psychiatry, neurology, gastroenterology and diabetology. It also provides APIs such as warfarin, carbamazepine, etodolac, and clorazepate, as well as anti-cancers, steroids, peptides, sex hormones, and controlled substances.Sun Pharmaceuticals was established by Mr. Dilip Shanghvi in 1983 in Vapi, Gujarat with five products to treat psychiatry ailments. Cardiology products were introduced in 1987 followed by gastroenterology products in 1989. Today, it is the largest chronic prescription company in India and a market leader in psychiatry, neurology, cardiology, orthopedics, ophthalmology, gastroenterology and nephrology.
media
- cineworld - sues chinachem for breaching contract http://orientaldaily.on.cc/cnt/news/20140511/00176_086.html, also Singtao daily report on the same day a8
- The Times of India (TOI) is an Indian English-language daily newspaper owned by The Times Group. It is the third-largest newspaper in India by circulation and largest selling English-language daily in the world according to Audit Bureau of Circulations (India).[1][2] It is the oldest English-language newspaper in India still in circulation,[3] with its first edition published in 1838. It is the second oldest Indian newspaper still in circulation after the Bombay Samachar. It is owned and published by Bennett, Coleman & Co. Ltd. which is owned by the Sahu Jain family. The Times of India issued its first edition on 3 November 1838 as The Bombay Times and Journal of Commerce.In 1860, editor Robert Knight (1825–1892) bought the Indian shareholders' interests, merged with rival Bombay Standard, and started India's first news agency. It wired Times dispatches to papers across the country and became the Indian agent for Reuters news service. In 1861, he changed the name from the Bombay Times and Standard to The Times of India.Subsequently, The Times of India saw its ownership change several times until 1892 when, Thomas Bennett and Frank Morris Coleman, who later drowned in the 1915 sinking of the SS Persia, acquired the newspaper through their new company, Bennett, Coleman & Co. Ltd. Sir Stanley Reed edited The Times of India from 1907 until 1924 and received correspondence from the major figures of India such as Mahatma Gandhi. In all he lived in India for fifty years. He was respected in the United Kingdom as an expert on Indian current affairs. He christened Jaipur as "the Pink City of India". Bennett Coleman & Co. Ltd was sold to sugar magnate Ramkrishna Dalmia of the then-famous industrial family, the Dalmiyas, for Rs 20 million in 1946, as India was becoming independent and the British owners were leaving.[16] In 1955 the Vivian Bose Commission of Inquiry found that Ramkrishna Dalmia, in 1947, had engineered the acquisition of the media giant Bennett Coleman & Co. by transferring money from a bank and an insurance company of which he was the Chairman. In the court case that followed, Ramkrishna Dalmia was sentenced to two years in Tihar Jail after having been convicted of embezzlement and fraud.But for most of the jail term he managed to spend in hospital. Upon his release, his son-in-law, Sahu Shanti Prasad Jain, to whom he had entrusted the running of Bennett, Coleman & Co. Ltd. rebuffed his efforts to resume command of the company.Following the Vivian Bose Commission report indicating serious wrongdoings of the Dalmia–Jain group, on 28 August 1969, the Bombay High Court, under Justice J. L. Nain, passed an interim order to disband the existing board of Bennett Coleman and to constitute a new board under the Government. In 1976, during the Emergency in India, the Government transferred ownership of the newspaper back to Ashok Kumar Jain (Sahu Shanti Prasad Jain's son, Ramkrishna Dalmia's grandson and the father of Samir Jain and Vineet Jain).
- hkej 21nov17 shum article
- Times Now
ICT
- Idea Cellular (commonly referred to as simply Idea, and stylised as !dea) is an Indian mobile network operator based in Mumbai, Maharashtra. Idea is a pan-India integrated GSM operator offering 2G,3G and 4G mobile services. Idea is India’s third largest mobile operator by subscriber base, After Vodafone India. Idea has 187.68 million subscribers as of 31 November 2016.During its inception in 1995, Aditya Birla Group, Tata Group and AT&T Wireless each held one-third equity in the company. Following AT&T Wireless' merger withCingular Wireless in 2004, Cingular decided to sell its 32.9% stake in Idea. This stake was bought by the remaining two stakeholders equally.[4] Tata forayed into the cellular market with its own subsidiary, Tata Indicom, a CDMA-based mobile provider and in April 2006, Aditya Birla Group announced the acquisition of the 48.18% stake held by Tata Group at INR 40.51 a share amounting to INR 44.06 billion with 15% of the stake acquired by Aditya Birla Nuvo and the remaining by Birla TMT holdings Private Ltd. both AV Birla family owned companies. Malaysia based Axiata bought a 19.96% stake in the company in 2009.
- http://www.ft.com/intl/cms/s/0/2a1de6d0-89e5-11e5-8a12-b0ce506400af.html Times Now, India’s most-watched English-language news channel, is launching in the UK on Monday, as it accelerates global growth plans that the company says will in time see it challenge broadcasters like Al Jazeera and the BBC.
Backed by Bennett, Coleman & Co, a media conglomerate that owns the The Times of India newspaper, Times Now will target Britain’s 1.4m diaspora Indians by rebroadcasting existing shows on Sky, the UK’s largest pay-television platform.
ICT
- infosys - http://www.chinadailyasia.com/business/2015-01/23/content_15218202.html Rangarajan Vellamore Rathangapani, chief executive of the China operations of the Bengaluru, India-based Infosys Technologies Ltd, believes that innovation is another area where Indian and Chinese companies have a lot to offer each other. "Infosys will focus on driving innovation in China, particularly to help Chinese companies expand and achieve business success in global markets," he said., http://www.infosys.com/newsroom/press-releases/Pages/infosys-to-acquire-panaya-automation.aspx Infosys (NYSE: INFY), a global leader in consulting, technology and next generation services, today announced a definitive agreement to fully acquire Panaya, Inc., a leading provider of automation technology for large scale enterprise software management, in cash, for an enterprise value of USD 200 million. Infosys buys US software group Panaya
- Idea Cellular (commonly referred to as simply Idea, and stylised as !dea) is an Indian mobile network operator based in Mumbai, Maharashtra. Idea is a pan-India integrated GSM operator offering 2G,3G and 4G mobile services. Idea is India’s third largest mobile operator by subscriber base, After Vodafone India. Idea has 187.68 million subscribers as of 31 November 2016.During its inception in 1995, Aditya Birla Group, Tata Group and AT&T Wireless each held one-third equity in the company. Following AT&T Wireless' merger withCingular Wireless in 2004, Cingular decided to sell its 32.9% stake in Idea. This stake was bought by the remaining two stakeholders equally.[4] Tata forayed into the cellular market with its own subsidiary, Tata Indicom, a CDMA-based mobile provider and in April 2006, Aditya Birla Group announced the acquisition of the 48.18% stake held by Tata Group at INR 40.51 a share amounting to INR 44.06 billion with 15% of the stake acquired by Aditya Birla Nuvo and the remaining by Birla TMT holdings Private Ltd. both AV Birla family owned companies. Malaysia based Axiata bought a 19.96% stake in the company in 2009.
- Bharti Airtel said it had agreed a $2bn credit line from China Development Bank — which it called the single largest bilateral commitment by CDB to any telecoms operator globally and the largest to a private Indian company — and a further $500m from Industrial and Commercial Bank of China. Loan maturities extend up to nine years.
“These financings further complement the strong collaboration with Chinese partners,” said Bharti Airtel, which announced a “strategic collaboration” with China Mobile in March. Bharti is already sourcing equipment from Chinese equipment makers Huawei and ZTE, putting the new lines of credit squarely within China’s existing practice of financing projects overseas that enable business for Chinese companies. The deal is one of the first since CDB’s capital injection last month, with a mandate to finance projects under Mr Xi’s “one belt, one road” initiative to promote Chinese industry overseas. http://www.ft.com/cms/s/0/88de2eea-fc60-11e4-ae31-00144feabdc0.html
- http://in.reuters.com/article/2015/02/04/micromax-india-sales-samsung-idINKBN0L808M20150204 Budget smartphone maker Micromax overtook Samsung Electronics Co Ltd in the fourth quarter as the leading supplier in India's booming smartphone market, research firm Canalys said. Samsung disputed the rankings, saying it was still a clear leader in the category with a volume market share of 34.3 percent in the October-December 2014 quarter, citing data from market research firm GfK. Canalys said in its report published on Feb. 3 that Micromax accounted for 22 percent of smartphone sales in India in the October-December quarter, ahead of Samsung's 20 percent. In total, 21.6 million smartphones were sold in India in the period, a 90 percent surge from a year earlier.- http://www.economist.com/news/business/21664191-urban-ladders-rise-shows-potential-online-selling-india-stack-and-deliver
apparel
- kapsons
jewellery
- Nirav Modi is a founder of Nirav Modi global diamond jewelry house established in 2010,[1]. He is being investigated in a $1.8 billion fraud case [2] at Punjab National Bank (PNB). Bollywood actress Priyanka Chopra is seeking legal opinion with respect to terminating her contract with the brand in light of allegations of financial fraud against Nirav Modi.[3][4] Nirav Modi was the first Indian jeweler to have been featured on the covers of Christie’s and Sotheby’s Catalogues. The company has its headquarters in Mumbai, India.
- https://www.goldsteinresearch.com
Education
- kapsons
- speaker at sem during 2019 tdc fashion week on festivals and events boosting fashion retail in india
jewellery
- Nirav Modi is a founder of Nirav Modi global diamond jewelry house established in 2010,[1]. He is being investigated in a $1.8 billion fraud case [2] at Punjab National Bank (PNB). Bollywood actress Priyanka Chopra is seeking legal opinion with respect to terminating her contract with the brand in light of allegations of financial fraud against Nirav Modi.[3][4] Nirav Modi was the first Indian jeweler to have been featured on the covers of Christie’s and Sotheby’s Catalogues. The company has its headquarters in Mumbai, India.
- https://www.reuters.com/article/us-india-fraud-punjab-natl-bank/india-asks-hong-kong-to-arrest-jeweler-nirav-modi-in-bank-fraud-idUSKCN1HD0T3 India has asked authorities in Hong Kong to arrest jeweler Nirav Modi, one of the main suspects in a $2-billion fraud at state-run Punjab National Bank (PNBK.NS), the government said, suggesting it believes the fugitive is in the Chinese territory.
- https://www.goldsteinresearch.com
Education
- The Doon School (informally Doon) is a boys-only independent boarding school inDehradun, Uttarakhand, India. It was founded in 1935 by Satish Ranjan Das, a Kolkata lawyer.[1] He prevised a school modelled on the British public school, but alive to Indian ambitions and desires.[1]The school's first headmaster was an Englishman, Arthur E. Foot, who had spent nine years as a science master at Eton College, England before coming to Doon, and returned to England right after India's independence.[2] The present headmaster is Peter McLaughlin, who has occupied the post since 2009 and is the ninth headmaster of the school. He is a member of Headmasters' and Headmistresses' Conference.[3] The school is a member of G20 Schoolsand Round Square group.
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