Piramal Group
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Piramal Group
The Piramal Group is an Indian multinational conglomerate that has presence across various sectors such as healthcare, life sciences, drug discovery, financial services, alternative investment and real estate. History In the early 1980s, Ajay Piramal took over the reins of Piramal Group. In 1984, the group acquired Gujarat Glass Limited, a manufacturer of glass packaging for pharmaceutical and cosmetic products, followed by Ceylon Glass in 1999. In 1988, the group bought Nicholas Laboratories, which later flourished and by 2010 reached the highest valuation in the pharmaceutical industry. Over the decade, the company acquired many business units to strengthen their presence. In 1999, Piramal Glass acquired Ceylon Company Limited, Sri Lanka. In 2006, the company bought Pfizer’s UK manufacturing facility in Morpeth. The company also formed the Piramal Foundation, a philanthropic arm of the group. In 2007, it underwent a deal with Merck Pharmaceuticals for developm ...
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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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Pharmaceutical
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and relies on the science of pharmacology for continual advancement and on pharmacy for appropriate management. Drugs are classified in multiple ways. One of the key divisions is by level of control, which distinguishes prescription drugs (those that a pharmacist dispenses only on the order of a physician, physician assistant, or qualified nurse) from over-the-counter drugs (those that consumers can order for themselves). Another key distinction is between traditional small molecule drugs, usually derived from chemical synthesis, and biopharmaceuticals, which include recombinant proteins, vaccines, blood products used therapeutically (such as IVIG), gene therapy, monoclonal antibodies and cell therapy (for instance, stem cell therapies) ...
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Piramal Enterprises Ltd
The Piramal Group is an Indian multinational conglomerate that has presence across various sectors such as healthcare, life sciences, drug discovery, financial services, alternative investment and real estate. History In the early 1980s, Ajay Piramal took over the reins of Piramal Group. In 1984, the group acquired Gujarat Glass Limited, a manufacturer of glass packaging for pharmaceutical and cosmetic products, followed by Ceylon Glass in 1999. In 1988, the group bought Nicholas Laboratories, which later flourished and by 2010 reached the highest valuation in the pharmaceutical industry. Over the decade, the company acquired many business units to strengthen their presence. In 1999, Piramal Glass acquired Ceylon Company Limited, Sri Lanka. In 2006, the company bought Pfizer’s UK manufacturing facility in Morpeth. The company also formed the Piramal Foundation, a philanthropic arm of the group. In 2007, it underwent a deal with Merck Pharmaceuticals for development an ...
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Vodafone Group
Vodafone Group plc () is a British multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates services in Asia, Africa, Europe, and Oceania. , Vodafone owns and operates networks in 22 countries, with partner networks in 48 further countries. Its Vodafone Global Enterprise division provides telecommunications and IT services to corporate clients in 150 countries. Vodafone has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. The company has a secondary listing on Nasdaq. Name The name Vodafone comes from ''VO''ice ''DA''ta ''FONE'' (the latter a sensational spelling of "phone"), chosen by the company to "reflect the provision of voice and data services over mobile phones". History The evolution of Vodafone started in 1981 with the establishment of the Racal Strategic Radio Ltd subsidiary of Racal Electronics, the UK's largest maker of military ...
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Vodafone India
Vodafone India (formerly Vodafone Essar Ltd, Huchison Essar Ltd) was the Indian subsidiary of UK-based Vodafone Group plc and was a provider of telecommunications services in India with its operational head office in Mumbai. As of March 2018, Vodafone India had a market share of 21% and with its merger with Idea, the collective Vodafone Idea network has approximately 375 million subscribers and is the Third largest mobile telecommunications network in India. History Hutchison Max Telecom Ltd. (HMTL), a joint venture between Hutchison Whampoa and the Max Group, was established on 21 February 1992. The licence to operate in Mumbai (then Bombay) circle was awarded to Hutchison Max by the Department of Telecommunications (DoT) in November 1994. The cellular service branded "Max Touch" was launched the same year. Hutchison Max entered into the Delhi telecom circle in December 1999, the Kolkata circle in July 2000 and the Gujarat circle in September 2000. Licences for these circl ...
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Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in 1955. The original top ten companies were General Motors, Jersey Standard, U.S. Steel, General Electric, Esmark, Chrysler, Armour, Gulf Oil, Mobil, and DuPont. Methodology The original ''Fortune'' 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, ''Fortune'' published compani ...
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SRL Diagnostics
SRL Diagnostics is a diagnostics company based in India providing diagnostic services in pathology and radiology. SRL Diagnostics has its headquarters and corporate office in Gurgaon. History SRL was founded in 1995 by brothers Shivinder Mohan Singh and Malvinder Mohan Singh as SRL Ranbaxy, a division of Ranbaxy Laboratories. It became the first pathology company in India to receive accreditation from National Accreditation Board. In 2008, SRL Ranbaxy was renamed as Super Religare Laboratories. In 2010, SRL acquired Piramal Diagnostic Services and its network of 107 laboratories from Piramal Healthcare for 600 crore. In 2011, Fortis Healthcare completed the acquisition of 74.59% stake in SRL. After being acquired by Fortis, the company rebranded itself as SRL Diagnostics. In 2021, SRL acquired the remaining stake in its Kerala-based joint venture, DDRC, for 350 crore. With the addition of DDRC's 220 labs to its lab network, SRL became the biggest pathology lab chain in Ind ...
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Forbes India
''Forbes India'' is the Indian edition of ''Forbes'' which is managed by Reliance Industries-owned media conglomerate, Network 18. History and profile Since its founding in 2008, ''Forbes India'' has achieved a circulation of 50,000 copies and makes over Rs 50 crore in topline. The magazine is published fortnightly. In May 2013, the Network 18 owned ''First Post'' was merged with ''Forbes India''. Shortly thereafter, the four top editorial heads who had led the growth of ''Forbes India'', including its editor-in-chief Indrajit Gupta, were dismissed under surprisingly humiliating conditions. The event led to considerable media speculation. Press Club, Mumbai, passed a resolution: “The method of ejecting them from the company was nothing short of shameful. Journalists are not only messengers of news and information, but are the collective voice of civil society." The new editor R. Jagannathan (erstwhile editor of ''First Post''), took over ''Forbes India''. He told ''The Caravan ...
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Eli Lilly And Company
Eli Lilly and Company is an American pharmaceutical company headquartered in Indianapolis, Indiana, with offices in 18 countries. Its products are sold in approximately 125 countries. The company was founded in 1876 by, and named after, Colonel Eli Lilly, a pharmaceutical chemist and veteran of the American Civil War. As of 2022, Lilly is known for its clinical depression drugs Prozac ( fluoxetine) (1986) and Cymbalta (duloxetine) (2004) and its antipsychotic medication Zyprexa (olanzapine) (1996), although its primary revenue drivers are the diabetes drugs Humalog (insulin lispro) (1996) and Trulicity (dulaglutide) (2014). Lilly's achievements include being the first company to mass-produce the polio vaccine developed by Jonas Salk, and insulin. It was one of the first pharmaceutical companies to produce human insulin using recombinant DNA including Humulin ( insulin medication), Humalog (insulin lispro), and the first approved biosimilar insulin product in the US, Basaglar ( ...
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Merck Pharmaceuticals
The Merck Group, branded and commonly known as Merck, is a German multinational science and technology company headquartered in Darmstadt, with about 60,000 employees and present in 66 countries. The group includes around 250 companies; the main company is Merck KGaA in Germany. The company is divided into three business lines: Healthcare, Life Sciences and Electronics. Merck was founded in 1668 and is the world's oldest operating chemical and pharmaceutical company, as well as one of the largest pharmaceutical companies in the world. Merck operates in Europe, Africa, Asia, Oceania and the Americas. It has major research and development centres in Darmstadt, Boston, Tokyo and Beijing, as well as other Research and Development units in Taiwan, France, Israel, South Korea, India and in the UK. Merck pioneered the commercial manufacture of morphine in the 19th century and for a time held a virtual monopoly on cocaine. Merck was privately owned until going public on the Frankf ...
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The Times Of India
''The Times of India'', also known by its abbreviation ''TOI'', is an Indian English-language daily newspaper and digital news media owned and managed by The Times Group. It is the third-largest newspaper in India by circulation and largest selling English-language daily in the world. It is the oldest English-language newspaper in India, and the second-oldest Indian newspaper still in circulation, with its first edition published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is an Indian " newspaper of record". Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called ''TOI'' "the leading paper in Asia". In 1991, the BBC ranked ''TOI'' among the world's six best newspapers. It is owned and published by Bennett, Coleman & Co. Ltd. (B.C.C.L.), which is owned by the Sahu Jain family. In the Brand Trust Report India study 2019, ''TOI'' was rated as the most trusted English newspaper in India. Reuters rated ''TOI'' as India's most trus ...
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Morpeth, Northumberland
Morpeth is a historic market town in Northumberland, North East England, lying on the River Wansbeck. Nearby towns include Ashington, Northumberland, Ashington and Bedlington, Northumberland, Bedlington. In the United Kingdom Census 2011, 2011 census, the population of Morpeth was given as 14,017, up from 13,833 in the United Kingdom Census 2001, 2001 census. The earliest evidence of settlement is believed to be from the Neolithic period, and some Roman artifacts have also been found. The first written mention of the town is from 1080, when the de Merlay family was granted the barony of Morpeth. The meaning of the town's name is uncertain, but it may refer to its position on the road to Scotland and a murder which occurred on that road. The de Merlay family built two castles in the town in the late 11th century and the 13th century. The town was granted its coat of arms in 1552. By the mid 1700s it had become one of the main markets in England, having been granted a market charte ...
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