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Avantha Group
Avantha Group is an Indian business conglomerate. Its businesses include power generation and distribution, power transmission and distribution equipment and services, paper and pulp, farm forestry, and infrastructure. Divisions Avantha Group operates in 90 countries with over 25,000 employees worldwide. Business units include: # Crompton Greaves, (CG) India's largest power transmission and distribution equipment company, listed on the Indian Stock exchanges. CG acquired: :#Pauwels (Belgium) in 2005, :#Ganz Hungary in 2006, :#Microsol Ireland in 2007, :#Sonomatra France in 2008, :#MSE Power Systems United States, also in 2008, :#Power Technology Solutions UK in 2010 :#Three business in Nelco India in 2011 :#Emotron Sweden in 2011 :#QEI Inc, USA and :#ZIV Group, Spain in 2012 #Ballarpur Industries (BILT), India's largest paper manufacturer, listed on the Indian Stock exchanges. :#BILT acquired Sabah Forest Industries (SFI) of Malaysia in 2007. #Avantha Power & Infrastructure, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Delhi
New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House, and the Supreme Court of India. New Delhi is a municipality within the NCT, administered by the NDMC, which covers mostly Lutyens' Delhi and a few adjacent areas. The municipal area is part of a larger administrative district, the New Delhi district. Although colloquially ''Delhi'' and ''New Delhi'' are used interchangeably to refer to the National Capital Territory of Delhi, both are distinct entities, with both the municipality and the New Delhi district forming a relatively small part of the megacity of Delhi. The National Capital Region is a much larger entity comprising the entire NCT along with adjoining districts in neighbouring states, including Ghaziabad, Noida, Gurgaon and Faridabad. The foundation stone of New Delhi was l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gautam Thapar
Gautam Thapar (born 7 December 1960) is an Indian businessman who is the chairman of Avantha Group and is part of the Thapar family. Early life Gautam Thapar belongs to the third generation of the business family founded by his grandfather Karam Chand Thapar, in Kolkata. Karam Chand had initially offered the reins of the family business to Gautum's father, Brij Mohan Thapar, bypassing his oldest son Inder Mohan Thapar. However, Brij Mohan passed on the chance to his younger brother Lalit Mohan Thapar, giving lack of desire and inability to shoulder the responsibility as the reasons. Thapar was educated at The Doon School and obtained his undergraduate degree from St. Stephen's College (at Delhi University). He later studied for an advanced degree in chemical engineering at the Pratt Institute in the United States. Failing to find a suitable job and with US visa nearing expiry, he returned to India. Business career Thapar had responsibility to turn around the BILT's chem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crompton Greaves
Crompton Greaves Consumer Electricals Limited (also known as Crompton) is an Indian electrical equipment company based in Mumbai, India. The company has lighting and electrical consumer durables including LED lighting, fans, pumps, and household appliances like water heaters, air coolers, and kitchen appliances. As of February 2022, the company is indexed with S&P Global BSE Consumer Durables Index, a list of 10 top listed Indian consumer durables companies. History The company was established in 1937 as Crompton Parkinson Works Limited, a wholly-owned subsidiary of Crompton Parkinson. In 1947, it was acquired by Karam Chand Thapar. The company was established in 2016 as an outcome of the demerger of Crompton Greaves Limited which separated the latter's consumer goods business from the power and industrial systems segment. The demerger plan was announced in July 2014 and it was completed in 2016 with the creation of CG Power and Industrial Solutions and Crompton Greaves C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ganz
The Ganz Works or Ganz ( or , ''Ganz companies'', formerly ''Ganz and Partner Iron Mill and Machine Factory'') was a group of companies operating between 1845 and 1949 in Budapest, Hungary. It was named after Ábrahám Ganz, the founder and the manager of the company. It is probably best known for the manufacture of tramcars, but was also a pioneer in the application of three-phase alternating current to electric railways. Ganz also made ships (''Ganz Danubius''), bridge steel structures (''Ganz Acélszerkezet'') and high-voltage equipment (''Ganz Transelektro''). In the early 20th century the company experienced its heyday, it became the third largest industrial enterprise in Kingdom of Hungary after the ''Manfréd Weiss Steel and Metal Works'' and the ''MÁVAG'' company. Since 1989, various parts of ''Ganz'' have been taken over by other companies. History Before 1919, the company built ocean liners, dreadnought type battleships and submarines, power plants, automobiles and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ballarpur Industries
Ballarpur Industries Limited (BILT) is a subsidiary of Avantha Group, and was once India's largest manufacturer of writing and printing paper. The current chairman of the company is Gautam Thapar, who succeeded his late uncle L.M. Thapar. BILT's subsidiaries include Sabah Forest Industries (SFI), Malaysia's largest pulp and paper company, and BILT Tree Tech Limited (BTTL), which runs BILT's farm forestry programme in several states in India. BILT has six manufacturing units across India, which give the company geographic coverage over most of the domestic market. BILT has a dominant share of the high-end coated paper segment in India. The company accounts for over 50% of the coated wood-free paper market, an impressive 85% of the bond paper market and nearly 45% of the hi-bright Maplitho market, besides being India's largest exporter of coated paper. BILT’s acquisition of SFI in 2007 was the first overseas acquisition by an Indian paper company. This acquisition transform ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karam Chand Thapar
Karam Chand Thapar (1900–1962) was the founder of the Thapar Group of companies. He was originally from Punjab. He started his career in 1920 as a coal trader in Calcutta, and built up the family fortune through Karam Chand Thapar and Bros. He then started JCT Limited which is into textiles as well as molasses and alcohol. He also took over the Oriental Bank of Commerce, and ventured into paper manufacturing with the Ballarpur Industries Limited. In 1956, he started Thapar Institute of Engineering and Technology which was given the status of Deemed University in 1985 and renamed as Thapar University. Biography Thapar established Karam Chand Thapar & Bros. Ltd. - the parent company of Karam Chand Thapar & Bros. (Coal Sales) Ltd. (KCT). Having gained some experience of the coal industry in his youth, Thapar set out to establish his own coal trading business based out of the Jharia coalfields in 1919. Soon thereafter, he realized that the epicenter of the coal business was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thapar Group
The Thapar Group is an Indian conglomerate founded by Karam Chand Thapar. The following companies are or have been a part of the group: Greaves Cotton, The Pioneer, Sohna Stud Farm Pvt Limited, TT & G Trading Pvt Limited, Built Middle East Pvt Limited, Himalayan Hideaways Pvt Limited, Karam Chand Thapar & Bros Limited, Lavasa Corporation Limited and KCT Papers Limited. Divisions Inder Mohan Thapar's son Vikram Thapar and grandson Varun Thapar look after the KCT group which includes KCT Coal Sales (KCT Bros), the Calcutta-based coal trading business. Vikram M. Thapar started Waterbase Ltd in the 90s with primary business of aquaculture including prawn farms for exports. After Lalit Mohan Thapar's death in 2007, his nephew Gautam Thapar (son of Brij Mohan Thapar and grandson of Karam Chand Thapar) formed Avantha Group and took the reins of BILT, which is the flagship company of the group. Gautam's brother Karan took over the holding company Karun Carpets Private Limited whic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Companies
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including ''Forbes Global 2000'' companies. History Colonialism The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate Companies Established In 1919
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Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable activ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In New Delhi
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
