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Bombay Realty
Wadia Group is an Indian multinational conglomerate, headquartered in Mumbai. It was founded by Lovji Nusserwanjee Wadia in 1736 and is the oldest company in India, with its subsidiary The Bombay Burmah Trading Corporation Limited, established in 1863, being the oldest publicly traded Indian company. Other notabale companies of the group are Bombay Dyeing, a textile company established in 1879, and Britannia Industries, a food and beverage company established in 1918. Lovji Wadia secured contracts with the British East India Company to build ships and docks in Bombay in 1736. This, and subsequent efforts, would result in Bombay becoming a strategic port for the British colonial undertakings in Asia. The Bombay dry dock, the first dry dock in Asia, was built by Lovji and his brother Sorabji in 1750. Among the historical ships built by the Wadia Group are , , and . Companies The Wadia group consists of several companies, four of which are listed on Indian stock exchanges. * ...
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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 ...
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Bombay Dyeing
Bombay Dyeing & Manufacturing Company Limited is the flagship company of the Wadia Group, engaged primarily in the business of Textiles. Bombay Dyeing is one of India's largest producers of textiles. Its current chairman is Nusli Wadia. In March 2011, Jehangir Wadia, the younger son of Nusli, was named the managing director of Wadia Group's flagship, Bombay Dyeing & Manufacturing Company, while the elder son, Ness Wadia resigned from the post of joint MD of the company. Ratan Tata, the ex-chairman of Tata Group was on the board of directors till 2013. He resigned and Cyrus Mistry took over. Bombay Dyeing was often in the news, apart from other things, for various controversies surrounding its tussle with the late Dhirubhai Ambani of Reliance Industries Limited and with Calcutta-based jute baron late Arun Bajoria. See also *XSTOK *Grasim Industries Grasim Industries Limited is an Indian manufacturing company based in Mumbai. Since its inception in 1947 as a textile manufact ...
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Punjab Kings
Punjab Kings (PBKS) are a franchise cricket team based in Mohali, Punjab, that plays in the Indian Premier League (IPL). Established in 2008 as the Kings XI Punjab (KXIP), the franchise is jointly owned by Mohit Burman, Ness Wadia, Preity Zinta and Karan Paul. The team plays its home matches at the PCA Stadium, Mohali. Since 2010, they also have been playing some of their home games at either Dharamsala or Indore. Apart from the 2014 season when they topped the league table and finished runners-up, the team has made only one other playoff appearance in 13 seasons. The Punjab Kings played in the now-defunct Champions League Twenty20 once, in 2014 Champions League Twenty20, 2014 as the Kings XI Punjab and finished as semi-finalists. The team name was changed to Punjab Kings in February 2021. In mini auction 23 December 2022, Punjab Kings make highest ever purchase in IPL history, pay whopping Rs 18.5 crore for Sam Curran. Franchise history In 2007, the Board of Control for Cr ...
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Fashion Magazine
Fashion journalism is a component of fashion media, with a focus on writing and photojournalism. Fashion journalists write about fashion events, trends and have to cultivate and maintain a relationship with stylists and designers. A fashion journalist has knowledge of fashion history, and stays up to date on industry trends, as they report on what is happening in the fashion industry and what is trending. Fashion journalists are either employed full-time by a publication, or they submit articles on a freelance basis. History Fashion journalism developed during the 18th century, when the fashion dolls was replaced by the fashion magazines, notably the ''Cabinet des Modes'', which is recognized to be the first true fashion magazine. It was followed abroad by ''Journal des Luxus und der Moden'' (1786-1827) in Germany, '' Giornale delle Dame e delle Mode di Francia'' (1786-1794) in Milan, and Gallery of Fashion (1794-1803) in Britain. During the 19th century, numerous fashion maga ...
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Gladrags
''Gladrags'' is an Indian magazine, published biweekly featuring modeling and related events. History and profile Gladrags was established in 1959. The first issue appeared in July 1959. The magazine is owned by Maureen Wadia. It is primarily a women's magazine and features articles on relationships, beauty and fashion, travel, cuisine, and health and fitness. It also features articles on celebrities and cultural facets of Indian women. Pageantry It also organises beauty pageants such as * Mrs. India * Gladrags Manhunt and Megamodel Contest ''Gladrags'' is an Indian magazine which features modeling and related events. Every year they conduct the Manhunt and Mega model Contest, a unisex pageant in India. At the contest the most appealing male and female models are selected as winner ... * Gladrags Little Miss and Little Master References External links Official website 1959 establishments in Bombay State Biweekly magazines published in India Women's magazines publis ...
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BIAL Go Air Aircraft
Kempegowda International Airport is an international airport serving Bangalore, the capital of Karnataka, India. Spread over , it is located about north of the city near the suburb of Devanahalli. It is owned and operated by Bengaluru International Airport Limited (BIAL), a public–private consortium. The airport opened in May 2008 as an alternative to increased congestion at HAL Airport, the original primary commercial airport serving the city. It is named after Kempe Gowda I, the founder of Bangalore. Kempegowda International Airport became Karnataka's first fully solar powered airport developed by CleanMax Solar. Kempegowda International Airport is the third-busiest airport by passenger traffic, air traffic movements and domestic and total cargo handled in India, behind the airports in Delhi and Mumbai, and is the 29th busiest airport in Asia. In the FY 2021–22, the airport handled around 16.2 million passengers and of cargo. The airport has a single passen ...
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GoAir Airbus A320
Go First, founded as GoAir, is an Indian ultra-low-cost airline based in Mumbai, Maharashtra. It is owned by the Indian business conglomerate Wadia Group. In October 2017, it was the fifth largest airline in India with an 8.4% passenger market share. It commenced operations on 4 November 2005 and operates a fleet of Airbus A320 aircraft in an all economy configuration. In March 2020, the airline operated over 330 daily flights to 36 destinations, including 27 domestic and nine international destinations, from its bases at Mumbai, Delhi, Bangalore, Kolkata, Hyderabad and Chandigarh, and Kannur. The airline is planning to launch an IPO to raise Rs 36 billion from the primary market and has filed a DRHP for the same with Indian stock market regulator SEBI. History Go First was founded as GoAir on 4 November 2005 by Jeh Wadia, son of Indian industrialist Nusli Wadia. The airline is a wholly owned subsidiary of the Wadia Group. GoAir commenced its operations using an Airbus A320 ...
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Bombay
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 ...
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British East India Company
The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with East Asia. The company seized control of large parts of the Indian subcontinent, colonised parts of Southeast Asia and Hong Kong. At its peak, the company was the largest corporation in the world. The EIC had its own armed forces in the form of the company's three Presidency armies, totalling about 260,000 soldiers, twice the size of the British army at the time. The operations of the company had a profound effect on the global balance of trade, almost single-handedly reversing the trend of eastward drain of Western bullion, seen since Roman times. Originally chartered as the "Governor and Company of Merchants of London Trading into the East-Indies", the company rose to account for half of the world's trade duri ...
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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 ...
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List Of Oldest Companies In India
This list of oldest companies in India includes brands and companies, excluding associations and educational, governmental, or religious organisations. To be listed, a brand or company name must remain, either in whole or in part, since inception and should have been established before 1947 and be currently operational. If the original name has since changed due to acquisitions or renaming, this must be verifiable. The oldest company in India is the Wadia Group whose origins are traceable to 1736, with its subsidiary The Bombay Burmah Trading Corporation Limited, established in 1863, being the oldest publicly traded company in India. List See also * List of companies of India * List of oldest banks in India * :Companies of India by year of establishment References {{reflist 70 companies with pre-1947 roots ''livemint ''Mint'' is an Indian financial daily newspaper published by HT Media, a Delhi-based media group which is controlled by the K. K. Birla family that als ...
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Multinational Corporation
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 Th ...
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