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Acland Mill
The Acland Mill was the first jute mill established in India. The mill was established in 1855 by British entrepreneur George Acland and Bengali financier Babu Bysumber Sen in Rishra, Bengal Presidency, British India (present-day West Bengal, India). Background At the beginning of the nineteenth century, jute manufacturing in India and Bengal was inefficient and of poor quality. The Crimean War interrupted the supply of flax and hemp from the Russian Empire to Britain, which enabled the Bengali jute trade to permanently take the place of the flax and hemp supply. By the middle of the eighteenth century, Bengal exported large quantities of raw jute to supply the flax industry in Dundee. The founder of the Acland Mill was George Acland, an English entrepreneur, owner of coffee plantations in Ceylon, and former marine in the East India Company's Marine, from Devonshire. He initially had the idea to grow rhea grass to serve as a substitute for flax and hemp, to make up for losse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rishra
Rishra is a city and a municipality in Srirampore subdivision of Hooghly district in the Indian state of West Bengal. It is a part of the area covered by Kolkata Metropolitan Development Authority (KMDA). History The origin of Rishra situated on the right bank of the River Hugli dates back to the pre-colonial era. The reference of Rishra was first seen to have occurred in Bipradas Piplai's “Manasamangal Kavya”, written in the fifteenth century. At the time of giving a description of the movement of Chand Saudagar along the River Bhagirathi in a barge for the business. There has been further and marked an evolution in the said spelling down the era as Reshra, Risshra, Isharah, Ichera, Icchra, etc. In Jadavpur University, a research work was conducted in respect of the names of villages in our country. It was noticed that there are several villages in our country in a single name. But the name of Rishra has been found to be unique during such research exercise. In the book w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warren Hastings
Warren Hastings (6 December 1732 – 22 August 1818) was a British colonial administrator, who served as the first Governor of the Presidency of Fort William (Bengal), the head of the Supreme Council of Bengal, and so the first Governor-General of Bengal in 1772–1785. He and Robert Clive are credited with laying the foundation of the British Empire in India. He was an energetic organizer and reformer. In 1779–1784 he led forces of the East India Company against a coalition of native states and the French. Finally, the well-organized British side held its own, while France lost influence in India. In 1787, he was accused of corruption and impeached, but after a long trial acquitted in 1795. He was made a Privy Councillor in 1814. Early life Hastings was born in Churchill, Oxfordshire, in 1732 to a poor gentleman father, Penystoe Hastings, and a mother, Hester Hastings, who died soon after he was born. Despite Penystone Hastings's lack of wealth, the family had been lord ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jute Trade
The jute trade is centered mainly around India's West Bengal and Assam, and Bangladesh. The major producing country of jute is India and biggest exporter being Bangladesh, due to their natural fertile soil. Production of jute by India and Bangladesh are respectively 1.968 million ton and 1.349 million metric ton. Bengal jute was exported to South East Asia from the 17th century by the Dutch, French and later by other Europeans. By the 1790s a small export had developed to the Scottish city of Dundee, where the flax spinning industry could use a small percentage to lower costs. Thomas Neigh, a Dundee merchant invented the mechanical process of spinning jute in 1833 by first soaking it in whale oil.Chaudhury, N.C. Jute and Substitutes' 2000, Biotech Books Raw jute was exported from Bengal by British merchants in increasing quantities from the 1840s replacing flax in the Dundee mills – becoming known as "Juteopolis". Dundee became the global centre of the industry it had creat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali, one of the easternmost branches of the Indo-European language family. Bangladesh forms the sovereign part of the historic and ethnolinguistic region of Bengal, which was divided during the Partition of India in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Pakistan
East Pakistan was a Pakistani province established in 1955 by the One Unit Scheme, One Unit Policy, renaming the province as such from East Bengal, which, in modern times, is split between India and Bangladesh. Its land borders were with India and Myanmar, with a coastline on the Bay of Bengal. East Pakistanis were popularly known as "Pakistani Bengalis"; to distinguish this region from India's state West Bengal (which is also known as "Indian Bengal"), East Pakistan was known as "Pakistani Bengal". In 1971, East Pakistan became the newly independent state Bangladesh, which means "country of Bengal" in Bengali. East Pakistan was renamed from East Bengal by the One Unit Scheme of Pakistani Prime Minister Mohammad Ali of Bogra. The Constitution of Pakistan of 1956 replaced the Pakistani monarchy with an Islamic republic. Bengali politician H. S. Suhrawardy served as the Prime Minister of Pakistan between 1956 and 1957 and a Bengali bureaucrat Iskander Mirza became the first Presid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adamjee Jute Mills
Adamjee Jute Mill was a jute mill in Bangladesh. It was established in Narayanganj in 1950 by the Adamjee Group. It was the second jute mill in East Pakistan (present day Bangladesh) after Bawa Jute Mill which was first Jute Mill in East Pakistan (Present day Bangladesh). Gradually, the mill became the largest jute mill in the world, exceeding the jute mills of Calcutta (now Kolkata), India, and Dundee, Scotland. The mills were nationalised after the independence of Bangladesh in 1972. It was operated by the Bangladesh Jute Mills Corporation before being closed down in 2002. History Adamjee Jute Mills was set up by Abdul Wahid Adamjee, Pakistan's foremost industrialist, and scion of the wealthiest family in the country. Initially, the said project was a partnership between the Adamjees and the PICIC (the government's industrial arm). The Adamjee family, however, soon took control of the project, and eventually built it into the largest jute mill in the world. In 1947 when India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Borneo Company
Borneo Company Limited, formed in 1856, was one of the oldest companies based in East Malaysia (Sarawak and Sabah). History Brooke era The Borneo Company Limited (BCL) was registered in London in June 1856 with a capital of £60,000 and office at 25 Mincing Lane. Its directors, including some close associates of White Rajah James Brooke, were Robert Henderson (of R.& J.Henderson, Glasgow merchants), John Charles Templer (friend of James Brooke), James Dyce Nicol, John Smith, Francis Richardson, and John Harvey (the latter two of MacEwan & Co. in Singapore). The Hendersons had been early backers of the Eastern Archipelago Company but pulled out before its incorporation. The commercial hub of the company was, however, in Singapore, and businesses were soon also opened in Thailand, and then Indonesia and Hong Kong., not to mention a jute mill at Baranagore near Calcutta which was very profitable until spun off as Baranagore Jute Factories Limited in 1872. In Sarawak, its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Finlay & Co
James Finlay & Co was formed in 1750 and under the leadership of Kirkman Finlay became one of Scotland's leading cotton manufacturers and merchants. In the 1860s the firm came under the control of John Muir and diversified into Indian tea plantations. The cotton business was eventually closed and, after an unsuccessful period of diversification, Finlay concentrated on its core interests of tea and other agricultural produce. In 2000, the firm was acquired by John Swire & Son. Early history James Finlay was born in Killearn Stirlingshire in 1727. He started work in the textile trade until he had enough money to become a merchant and manufacturer. In 1769 he was made a "Burgess and Gild Brother" in Glasgow enabling him to build up a modest business. When James died in 1790, the assets of the firm were £11, 785. It was James's younger son, Kirkman Finlay, that took the firm into manufacturing and made it a major force in the Scottish cotton industry.Brogan, C., ''James Finlay & Compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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-most populous city in India after Delhi and the eighth-most populous city in the world with a population of roughly 20 million (2 crore). As per the Indian government population census of 2011, Mumbai was the most populous city in India with an estimated city proper population of 12.5 million (1.25 crore) living under the Brihanmumbai Municipal Corporation. Mumbai is the centre of the Mumbai Metropolitan Region, the sixth most populous metropolitan area in the world with a population of over 23 million (2.3 crore). Mumbai lies on the Konkan coast on the west coast of India and has a deep natural harbour. In 2008, Mumbai was named an alpha world city. It has the highest number of millionaires and billionaires among all cities i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Civil War
The American Civil War (April 12, 1861 – May 26, 1865; also known by other names) was a civil war in the United States. It was fought between the Union ("the North") and the Confederacy ("the South"), the latter formed by states that had seceded. The central cause of the war was the dispute over whether slavery would be permitted to expand into the western territories, leading to more slave states, or be prevented from doing so, which was widely believed would place slavery on a course of ultimate extinction. Decades of political controversy over slavery were brought to a head by the victory in the 1860 U.S. presidential election of Abraham Lincoln, who opposed slavery's expansion into the west. An initial seven southern slave states responded to Lincoln's victory by seceding from the United States and, in 1861, forming the Confederacy. The Confederacy seized U.S. forts and other federal assets within their borders. Led by Confederate President Jefferson Davis, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquidation
Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a ''creditors' liquidation'' or ''receivership'' following bankruptcy, which may result in the court creating a "liquidation trust") or voluntary (sometimes referred to as a ''shareholders' liquidation'', although some voluntary liquidations are controlled by the creditors). The ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Liability
Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or partnership. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets of the company, not the assets of its shareholders or other investors. A shareholder in a corporation or limited liability company is not personally liable for any of the debts of the company, other than for the amount already invested in the company and for any unpaid amount on the shares in the company, if any, except under special and rare circumstances permitting "piercing the corporate veil." The same is true for the members of a limited liability partnership and the limited partners in a limited partnership. By contrast, sole proprietors and partners in general partnerships are each liable for all the debts of the business (unlimited ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
