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Bharat Aluminium Company
Bharat Aluminium Company Ltd. (BALCO) was an Indian government owned aluminium producer under Ministry of Mines, Government of India. In 2000, the Ministry of Mines, Government of India sold it to Vedanta Resources when Atal Bihari Vajpayee-Bharatiya Janta Party-National Democratic Alliance-led-government was in power. BALCO was incorporated in the year 1965 as a central public sector unit (CPSU) and it was the central government-establishment until 2001, when it was taken over by Vedanta Resources, a company listed on the London Stock Exchange. The government company has been closely associated with the Indian Aluminium Industry, in a pivotal role. Mr. Abhijit Pati is the current CEO & Whole Time Director of the company. History It was incorporated in 1965 as a Public Sector Undertaking. It is the first public sector enterprise in India which started producing aluminium in 1974. Till 2001, BALCO was a public sector enterprise owned 100% by Government of India. In 2001, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aluminium
Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has a great affinity towards oxygen, and forms a protective layer of oxide on the surface when exposed to air. Aluminium visually resembles silver, both in its color and in its great ability to reflect light. It is soft, non-magnetic and ductile. It has one stable isotope, 27Al; this isotope is very common, making aluminium the twelfth most common element in the Universe. The radioactivity of 26Al is used in radiodating. Chemically, aluminium is a post-transition metal in the boron group; as is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al3+ is small and highly charged; as such, it is polarizing, and bonds aluminium forms tend towards covalency. The strong affinity tow ... [...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] |
Aluminium Companies Of India
Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has a great affinity towards oxygen, and forms a protective layer of oxide on the surface when exposed to air. Aluminium visually resembles silver, both in its color and in its great ability to reflect light. It is soft, non-magnetic and ductile. It has one stable isotope, 27Al; this isotope is very common, making aluminium the twelfth most common element in the Universe. The radioactivity of 26Al is used in radiodating. Chemically, aluminium is a post-transition metal in the boron group; as is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al3+ is small and highly charged; as such, it is polarizing, and bonds aluminium forms tend towards covalency. The strong affinity toward ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2009 Korba Chimney Collapse
The 2009 Korba chimney collapse occurred in the town of Korba in the Indian state of Chhattisgarh on 23 September 2009. It was under construction under contract for the Bharat Aluminium Co Ltd (BALCO). Construction had reached when the chimney collapsed on top of more than 100 workers who had been taking shelter from a thunderstorm. At least 45 deaths were recorded. Incident and rescue Plans specify a chimney for the construction of a thermal power plant by Balco, which is owned by Vedanta Resources. The incident happened during extreme weather conditions involving lightning and torrential rainfall. Workers sought shelter from the rain in a nearby store room, and a lightning strike at approximately 16:00 brought the chimney down on top of them. A rescue attempt was initiated following the collapse. Ongoing rain obstructed efforts to retrieve the trapped workers. At least seven of the wounded were hospitalised. A Gannon Dunkerley & Co Ltd employee was allegedly lynched by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chhattisgarh
Chhattisgarh (, ) is a landlocked state in Central India. It is the ninth largest state by area, and with a population of roughly 30 million, the seventeenth most populous. It borders seven states – Uttar Pradesh to the north, Madhya Pradesh to the northwest, Maharashtra to the southwest, Jharkhand to the northeast, Odisha to the east, Telangana and Andhra Pradesh to the south. Formerly a part of Madhya Pradesh, it was granted statehood on 1 November 2000 with Raipur as the designated state capital. Chhattisgarh is one of the fastest-developing states in India. Its Gross State Domestic Product (GSDP) is , with a per capita GSDP of . A resource-rich state, it has the third largest coal reserves in the country and provides electricity, coal, and steel to the rest of the nation. It also has the third largest forest cover in the country after Madhya Pradesh and Arunachal Pradesh with over 40% of the state covered by forests. Etymology There are several theories as to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Feedstock
A raw material, also known as a feedstock, unprocessed material, or primary commodity, is a basic material that is used to produce goods, finished goods, energy, or intermediate materials that are feedstock for future finished products. As feedstock, the term connotes these materials are bottleneck assets and are required to produce other products. The term ''raw material'' denotes materials in unprocessed or minimally processed states; e.g., raw latex, crude oil, cotton, coal, raw biomass, iron ore, air, logs, water, or "any product of agriculture, forestry, fishing or mineral in its natural form or which has undergone the transformation required to prepare it for international marketing in substantial volumes". The term ''secondary raw material'' denotes waste material which has been recycled and injected back into use as productive material. Ceramic While pottery originated in many different points around the world, it is certain that it was brought to light mostly through ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prithvi
Prithvi or Prithvi Mata (Sanskrit: पृथ्वी, ', also पृथिवी, ', "the Vast One") is the Sanskrit name for the earth, as well as the name of a devi (goddess) in Hinduism and some branches of Buddhism. In the Vedas, her consort is Dyaus Pita, the sky god. Her counterpart later in Puranas, is known as Bhumi, Varaha's wife. As ''Pṛthvī Mātā'' ('Mother Earth') she is complementary to Dyaus Pita ('Father Sky'). In the ''Rigveda'', Earth and Sky are primarily addressed in the dual as Dyavapṛthivi. She is associated with the cow. Prithu, an incarnation of Viṣṇu, milked her in cow's form. Despite strong historical Hindu influence, the name is also used for national personifications of country Indonesia, where in certain points have been internally referred to as "Ibu Pertiwi" (in Indonesian). It has 28 names in Sanskrit Buddhism In Buddhist texts and visual representations, Pṛthvī is described as both protecting Gautama Buddha and as being his witne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agni
Agni (English: , sa, अग्नि, translit=Agni) is a Sanskrit word meaning fire and connotes the Vedic fire deity of Hinduism. He is also the guardian deity of the southeast direction and is typically found in southeast corners of Hindu temples. In the classical cosmology of the Indian religions, Agni as fire is one of the five inert impermanent elements ('' pañcabhūtá'') along with space (''ākāśa''), water (''ap''), air (''vāyu'') and earth (''pṛthvī''), the five combining to form the empirically perceived material existence (''Prakṛti''). In Vedic literature, Agni is a major and oft-invoked god along with Indra and Soma. Agni is considered the mouth of the gods and goddesses and the medium that conveys offerings to them in a ''homa'' (votive ritual). He is conceptualized in ancient Hindu texts to exist at three levels, on earth as fire, in the atmosphere as lightning, and in the sky as the sun. This triple presence accords him as the messenger between the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intermediate-range Ballistic Missile
An intermediate-range ballistic missile (IRBM) is a ballistic missile with a range of 3,000–5,500 km (1,864–3,418 miles), between a medium-range ballistic missile (MRBM) and an intercontinental ballistic missile (ICBM). Classifying ballistic missiles by range is done mostly for convenience; in principle there is very little difference between a low-performance ICBM and a high-performance IRBM, because decreasing payload mass can increase range over ICBM threshold. The range definition used here is used within the U.S. Missile Defense Agency. Some other sources include an additional category, the long-range ballistic missile (LRBM), to describe missiles with a range between IRBMs and true ICBMs. The more modern term theatre ballistic missile encompasses MRBMs and SRBMs, including any ballistic missile with a range under . The progenitor for the IRBM was the A4b winged rocket, based on the V-2 (officially called A4) rocket used by Nazi Germany at the end of World War II ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sterlite Industries (India)
Sterlite Copper is a subsidiary of Sterlite industries, a company owned by Vedanta Limited. History It was originally incorporated as Rainbow Investments in 1975, the name of the company was changed to Sterlite Cables in 1976. It was later renamed Sterlite Industries in 1986. With a restructuring in July 2000, the company is left with only a metal division comprising copper and aluminium divisions. In 1994, it acquired Madras Aluminium Company (MALCO) for 55 crores. Sterlite and its associate companies took a 55% stake in India Foils for 50 crores. This improved Sterlite's product mix from aluminum metal to aluminum foil with the largest market share of 65%. In 1999, the company acquired Copper Mines of Tasmania. In February 2011, Sterlite Industries acquired Lisheen Zinc Mine in Ireland from Taurus International S.A., for a share value of approximately $546 million. In September 2013, SESA Goa, Sterlite Industries and Vedanta Aluminium merged to form Sesa Sterlite Limited ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Disinvestment Of Public Sector Units In India
Disinvestment in Public sector undertakings in India is a process of public asset sales done by the President of India on behalf of the Government of India. It can be directly offered for sale to the private sector or indirectly done through a bidding process. The Public Enterprises Survey (2015–16), brought out by the Department of Public Enterprises, Ministry of Heavy Industries, & Government of India on the performance of Central Public Sector Enterprises was placed in both the Houses of Parliament on 21 March 2017. There were 331 CPSEs in 2017-18, out of which 257 were in operation. The remaining 74 of the CPSEs were being established. Following the theories of Economic Liberalism and Infrastructure-based development as referenced in the Union Budget of India, the total expenditure of the Government of India increased from ₹1,13,422 crore in 1991–92 to ₹ 21,46,735 Crore in 2017–18. To help raise the necessary capital for these expenditures and also to minimize the n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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