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Bombay Oil Industries
Bombay Oil Industries Limited (BOIL) is an Indian holding company based in Mumbai, Maharashtra. Its subsidiaries have interests in consumer goods, agriculture, and chemicals. History Bombay Oil traces its origins back to 1862, when Kanji Morarji moved from Kutch to Bombay (now Mumbai) and established a business trading spices and other goods from Kerala. Morarji recruited his nephew, Vallabhdas Vasanji to join the business in the early 20th century. Morarji and Vasanji began exporting pepper and ginger to Europe, and over time, expanded their product line to include copra, coconut oil, and other agricultural commodities. Vasanji had four sons, all of whom joined the family business. The family's expertise in the pepper trade earned them the name "Mariwala" (''mari'' means pepper in Gujarati), and Vallabhdas Vasanji subsequently adopted the name Vallabhdas Mariwala. Mariwala and his four sons founded Bombay Oil Industries Limited (BOIL) in 1947. The company aimed to leverage t ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Mazagaon
Mazagaon, also spelled Mazgaon and Mazagon (Portuguese rule Mazagão), and pronounced by the Catholics as 'Mazgon' or 'Maz-a-gon' and the Marathi-speakers as Mazhgav, is one of the seven islands of Mumbai. References ;Notes {{reflist ;Sources Matharpacady Village Website See also *Joseph Baptista Gardens The Joseph Baptista Gardens, locally known as the Mazagaon Gardens, is a park in Mazagaon, South Mumbai, India. It lies atop Bhandarwada hill, behind the Dockyard Road railway station, at an altitude of and offers a panoramic view of the Mumbai ... Neighbourhoods in Mumbai Islands of Mumbai History of Mumbai ...
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Indian Companies Established In 1947
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Uni ...
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Mane SA
MANE is a major producer of flavours and fragrances with sales of €1,5 million in 2021. MANE was placed 7th on FoodTalks' Global Top 50 Food Flavours and Fragrances Companies list in 2021. History MANE was founded in 1871 when Victor Mane started producing fragrant materials from regional flowers and plants. Victor Mane's sons Eugène and Gabriel took over the business and developed it internationally between 1916 and 1958. In 1959, Maurice Mane took over from his father Eugène and diversified into the growing flavorings market for the food industry. In 1995, Maurice Mane retired to become Chairman of the Monitoring Committee and his son Jean took over as President of the company. MANE is a member of the European Flavour Association European Flavour Association (EFFA) is a non-profit European-level trade association of the flavor industry, based in Brussels, Belgium. Founded in 1961, the organisation originally focused on both flavours and fragrances, but has focuse ...
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Saffola
Marico Limited is an Indian multinational consumer goods company providing consumer products and services in the areas of health, beauty and wellness. With its headquarters in Mumbai, Marico is present in over 25 countries across Asia and Africa. It owns brands in categories of hair care, skin care, edible oils, health foods, male grooming, and fabric care. As of 2019–2020, the company generated a turnover of ₹7,315 crores. Marico has 8 factories in India located at Puducherry, Perundurai, Kanjikode, Jalgaon, Paldhi, Dehradun, Baddi and Paonta Sahib. Leadership Harsh Mariwala is the chairman and Saugata Gupta assumed the role of the managing director in March 2014 and is currently the MD and CEO of this organisation. History Marico Limited was established on 13 October 1988 under the name of Marico Foods Limited. Later, in 1989 the name of the company was changed from Marico Foods Limited to Marico Industries Limited. The first International office for Marico ...
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Parachute (brand)
Parachute is a brand name for a range of coconut-based oil manufactured by Marico. History Parachute is the flagship brand of Marico. Before the 1992 economic liberalisation in India, the government classified vegetable oils as an essential commodity. In the late 1990s, Marico made its first serious entry into foreign markets by setting up a manufacturing plant in 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 mos .... Parachute's market share rose to 70% within ten years. Products Marico makes two kinds of coconut oil, Parachute edible grade hair oil, and Parachute Advanced Hair oil. Parachute edible oil contains 100% coconut oil, whereas Advanced hair oil contains coconut oil along with fragrance and Vitamin E. References External linksOfficial Parachute website
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Pune
Pune (; ; also known as Poona, (List of renamed Indian cities and states#Maharashtra, the official name from 1818 until 1978) is one of the most important industrial and educational hubs of India, with an estimated population of 7.4 million As of 2021, Pune Metropolitan Region is the largest in Maharashtra by area, with a geographical area of 7,256 sq km. It has been ranked "the most liveable city in India" several times. Pune is also considered to be the cultural and educational capital of Maharashtra. Along with the municipal corporation area of Pimpri-Chinchwad Municipal Corporation, PCMC, Pune Municipal Corporation, PMC and the three Cantonment Board, cantonment towns of Pune Camp, Camp, Khadki, and Dehu Road, Pune forms the urban core of the eponymous Pune Metropolitan Region (PMR). Situated {{convert, 560, m, 0, abbr=off Height above sea level, above sea level on the Deccan Plateau, Deccan plateau, on the right bank of the Mutha River, Mutha river,{{cite web , last=Nala ...
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McCormick & Company
McCormick & Company, Incorporated is an American food company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavoring products to retail outlets, food manufacturers, and foodservice businesses. Their products are available in many countries and it is the largest producer of spices and related food products worldwide, based on revenue. A ''Fortune'' 500 company, McCormick has approximately 14,000 employees around the globe. The company headquarters moved from Sparks to Hunt Valley, Maryland in the third quarter of 2018. History Willoughby M. McCormick (1864–1932), started the business in Baltimore at age 25 in 1889. From one room and a cellar, he sold his initial products door-to-door which included root beer, flavoring extracts, fruit syrups and juices. Seven years later, McCormick bought the F.G. Emmett Spice Company and entered the spice industry. In 1903, Willoughby and his brother Roberdeau incorporated the company in M ...
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Restructuring
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Other reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout In finance, a buyout is an investment transaction by which the ownership equity of a company, or a majority share of the stock of the company is acquired. The acquiror thereby "buys out" the present equity holders of the target company. A buyout .... Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring. Executives involved in restructuring often hire financial and legal advisors to assist in the transaction details and negotiation. It may also be done by a new CEO hired specifically to make the d ...
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Fatty Acid
In chemistry, particularly in biochemistry, a fatty acid is a carboxylic acid with an aliphatic chain, which is either saturated or unsaturated. Most naturally occurring fatty acids have an unbranched chain of an even number of carbon atoms, from 4 to 28. Fatty acids are a major component of the lipids (up to 70% by weight) in some species such as microalgae but in some other organisms are not found in their standalone form, but instead exist as three main classes of esters: triglycerides, phospholipids, and cholesteryl esters. In any of these forms, fatty acids are both important dietary sources of fuel for animals and important structural components for cells. History The concept of fatty acid (''acide gras'') was introduced in 1813 by Michel Eugène Chevreul, though he initially used some variant terms: ''graisse acide'' and ''acide huileux'' ("acid fat" and "oily acid"). Types of fatty acids Fatty acids are classified in many ways: by length, by saturation vs unsaturati ...
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Kochi
Kochi (), also known as Cochin ( ) ( the official name until 1996) is a major port city on the Malabar Coast of India bordering the Laccadive Sea, which is a part of the Arabian Sea. It is part of the district of Ernakulam in the state of Kerala and is commonly referred to as Ernakulam. Kochi is the most densely populated city in Kerala. As of 2011, it has a corporation limit population of 677,381 within an area of 94.88 km2 and a total urban population of more than of 2.1 million within an area of 440 km2, making it the largest and the most populous metropolitan area in Kerala. Kochi city is also part of the Greater Cochin region and is classified as a Tier-II city by the Government of India. The civic body that governs the city is the Kochi Municipal Corporation, which was constituted in the year 1967, and the statutory bodies that oversee its development are the Greater Cochin Development Authority (GCDA) and the Goshree Islands Development Authority (GIDA). ...
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Bhandup
Bhandup (Pronunciation: ʱaːɳɖup is a suburban locality in Mumbai, in the state of Maharashtra, India. The name ''Bhandup'' is derived from ''Bhandupeshwar'', one of the names of the Hindu god Shiva. An old temple dedicated to Lord Shiva, the Bhandupeshwar Mahadev Mandir, is located in Bhandup (west) near Moti Bai Wadi IDUBS high school. Sonapur signal is north lead line on L.B.S. Marg and south is dockyard colony. Bhandup railway station is on the Central line of the Mumbai Suburban Railway network. A few fast trains stop at Bhandup station, mostly during the peak hours. History Bhandup is one of the oldest suburbs in Mumbai. It is home to Shivaji Talao, or Shivaji Lake, named after the Maratha ruler, Shivaji. Devotees of Ganapati immerse idols of the elephant god Ganesh at the lake during the months of August through September, as well as in Bhandupeshwar Kundh in Bhandup Village East near the Eastern Express Highway. The earliest records of Bhandup come from 1803, and ...
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