Ardeshir Darabshaw Shroff
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Ardeshir Darabshaw Shroff
Ardeshir Darabshaw Shroff (4 June 1899 – 27 October 1965) was an industrialist, banker and economist of India. In 1944, Shroff served as a non-official (since India was not yet independent) delegate at the United Nations "Bretton Woods Conference" on post-war monetary and financial systems. In the same year, and with seven other leading industrialists, Shroff co-authored the Bombay Plan, which was a set of proposals for the development of the post-independence Indian economy. In the 1950s, Shroff was founder-director of the Investment Corporation of India and company chairman of Bank of India and the New India Assurance Company Limited. In 1954, Shroff co-founded the Forum of Free Enterprise think tank as a means to counter the socialist tendencies of the Nehru government. He complained against the indifference with which the state treated entrepreneurs, and asserted that if the Government of India were to shed some of their 'impractical ideologies' and extend their active s ...
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Ardeshir Darabshaw Shroff 1999 Stamp Of India
Ardeshir or Ardashir (Persian: اردشیر; also spelled as Ardasher) is a Persian name popular in Iran and other Persian-speaking countries. Ardashir is the New Persian form of the Middle Persian name , which is ultimately from Old Iranian ''*Artaxšaθra-'', equivalent to Greek ''Artaxérxēs'' (), and Armenian ''Artašēs'' (). Literally, Ardashir means "the one whose reign is based on honesty and justice". The first part of ''*Artaxšaθra-'' is adapted from the religious concept of justice known as Ṛta or Asha and the second part is related to the concept "city". Throne name of several rulers * Artaxerxes (other), the Hellenized form of Ardeshir * Ardashir Orontid, ''r.'' 5th century BC, Armenian King from the Orontid Dynasty * Ardashir I, ''r.'' 224–241, founder of the Sassanid Empire * Ardashir II, ''r.'' 379–383, son of Hormizd II and successor of Shapur II "the Great" * Ardashir III, ''r.'' 628–630, the youngest of the Sassanid kings * Ardashir I (Bavan ...
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India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, int ...
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United Nations Monetary And Financial Conference
The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton Woods, New Hampshire, United States, to regulate the international monetary and financial order after the conclusion of World War II. The conference was held from July 1 to 22, 1944. Agreements were signed that, after legislative ratification by member governments, established the International Bank for Reconstruction and Development (IBRD, later part of the World Bank group) and the International Monetary Fund (IMF). This led to what was called the Bretton Woods system for international commercial and financial relations. Background Multilateral economic cooperation among countries was crucial for the post-war world economies. Countries sought to establish an international monetary and financial system that fostered collaboration and growth among the participatin ...
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Bombay Plan
The Bombay Plan is the name commonly given to a World War II-era set of Import substitution industrialization-based proposals for the development of the post-independence economy of India. The plan, published in 1944/1945 by eight leading Indian industrialists, proposed state intervention in the economic development of the nation after independence from the United Kingdom (which took place in 1947). Titled ''A Brief Memorandum Outlining a Plan of Economic Development for India'', the signatories of the plan were J. R. D. Tata, Ghanshyam Das Birla, Ardeshir Dalal, Lala Shri Ram, Kasturbhai Lalbhai, Ardeshir Darabshaw Shroff, Sir Purshottamdas Thakurdas and John Mathai. The Plan went through two editions: the first was published in January 1944. This first edition became "Part I" of the second edition, published in 2 volumes in 1945 under the editorship of Purushottamdas Thakurdas. Although Jawaharlal Nehru, the first Prime Minister of India, did not officially accept the plan, "the ...
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History Of The Republic Of India
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ...
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Bank Of India
Bank of India (BOI) is an Indian public sector bank headquartered in Bandra Kurla Complex, Mumbai. Founded in 1906, it has been government-owned since nationalisation in 1969. BoI is a founder member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunications), which facilitates provision of cost-effective financial processing and communication services. As on 31 March 2021, Bank of India's total business stands at , has 5,108 branches and 5,551 ATMs around the world (including 24 overseas branches). History Bank of India was founded on 7 September 1906 by a group of eminent businessmen from Mumbai, Maharashtra, India. The Bank was under private ownership and control till 19 July 1969 when it was nationalised along with 13 other banks. Beginning with one office in Mumbai, with a paid-up capital of and 50 employees, the Bank has made a rapid growth over the years and blossomed into a mighty institution with a strong national presence and sizable international ...
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New India Assurance Company Limited
The New India Assurance Co. Ltd., is a central public sector undertaking under the ownership of Ministry of Finance, Government of India. It is based in Mumbai, Maharashtra. "It is the largest nationalised general insurance company of India on the basis of gross premium collection inclusive of foreign operations". It was founded by Sir Dorabji Tata in 1919, and was nationalised in 1973. Previously, it was a subsidiary of the General Insurance Corporation of India (GIC). But when GIC became a re-insurance company following the passage of the IRDA Act 1999, its four primary insurance subsidiaries New India Assurance, United India Insurance, Oriental Insurance and National Insurance became autonomous. Offices The company, with its registered Head office in Mumbai, has about 31 regional offices, 6 Large Corporate Offices, 447 Divisional Offices, 578 Branches, 27 Direct Agent Branches and 1,239 Micro Offices, Elmo Auto hub, 2 centralised legal hubs totaling 2329 offices. T ...
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Forum Of Free Enterprise
The Forum of Free Enterprise is a non-political organization, established to educate public opinion in India on free enterprise and democratic way of life. The Forum publishes booklets and leaflets, organises meetings and essay competitions to further its objects. It was founded in 1956 by industrialist and economist A.D. Shroff and has its office in Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ....http://www.forumindia.org/index.htm References {{reflist Organisations based in Mumbai Think tanks based in India 1956 establishments in Bombay State Think tanks established in 1956 ...
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Jawaharlal Nehru
Pandit Jawaharlal Nehru (; ; ; 14 November 1889 – 27 May 1964) was an Indian anti-colonial nationalist, secular humanist, social democrat— * * * * and author who was a central figure in India during the middle of the 20th century. Nehru was a principal leader of the Indian nationalist movement in the 1930s and 1940s. Upon India's independence in 1947, he served as the country's prime minister for 16 years. Nehru promoted parliamentary democracy, secularism, and science and technology during the 1950s, powerfully influencing India's arc as a modern nation. In international affairs, he steered India clear of the two blocs of the Cold War. A well-regarded author, his books written in prison, such as ''Letters from a Father to His Daughter'' (1929), '' An Autobiography'' (1936) and ''The Discovery of India'' (1946), have been read around the world. During his lifetime, the honorific Pandit was commonly applied before his name in India and even today too. T ...
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Tata Group
The Tata Group () is an Indian multinational conglomerate headquartered in Mumbai. Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continents. Acknowledged as the founder of the Tata Group, Jamsetji Tata is sometimes referred to as the "father of Indian industry". Each Tata company operates independently under the guidance and supervision of its own board of directors and shareholders. Philanthropic trusts control over 66% of the Tata holding company Tata Sons, while the Tata family is a very small shareholder. The group's annual revenue for fiscal year 2021–22 was reported to be US$128 billion. There are 29 publicly-listed Tata Group companies with a combined market capitalisation of $311 billion as of March 2022. Significant Tata Group affiliates include Tata Consultancy Services, Tata Consumer Products, Tata Motors, Tata Power, Tata Steel, Voltas, Titan Company, Tanishq ...
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Sucheta Dalal
Sucheta Dalal (born 1962) is an Indian business journalist and author. She has been a journalist for over two decades and was awarded a Padma Shri for journalism in 2006. She was the Financial Editor for the ''Times of India'' until 1998 when she joined the Indian Express group as a Consulting Editor, leaving in 2008. She is known for exposing the 1992 stock market scam propagated by Harshad Mehta. In 2006, she began to write for ''Moneylife'', a fortnightly magazine on investment started by her husband Debashis Basu. She is now the Managing Editor of ''Moneylife''. In 2010, responding to poor financial literacy in India, she and her husband founded ''Moneylife Foundation'', a not-for-profit organisation based in Mumbai. She is a member of the Investor Education & Protection Fund of the Ministry of Corporate Affairs. In 1992, she was honoured with the Chameli Devi Jain Award for Outstanding Women Mediapersons. Education and career Born in a Jat family, Sucheta did her school ...
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