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Torrent Group
Torrent Group is an Indian multinational corporation, multinational Conglomerate (company), conglomerate, based in Ahmedabad. It was founded by U. N. Mehta, Uttambhai Nathalal Mehta, and now run by his sons, Sudhir Mehta, Sudhir and Samir Mehta. The core businesses of the group are gas, pharmaceuticals and power. As of September 2024, it has market capitalization of $25 billion. In February 2025, Torrent Group acquired 67% stake in Gujarat Titans for ₹5,000 crore. Subsidiaries The various companies under the Torrent banner are: * Torrent Pharmaceuticals – One of the largest pharmaceutical companies of India. It has four manufacturing plants: (a) Chhatral, Gujarat and (b) Baddi, Himachal Pradesh c) Gangtok Sikkim and d) Dahej, Gujarat. It has a research centre at Bhat, near Ahmedabad in Gujarat. * Torrent Power – Responsible for generation, transmission and distribution of power to the cities of Ahmedabad and Surat. The company has taken up distribution of electricity ...
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Corporate Group
A corporate group, company group or business group, also formally known as a group of companies, is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concept of a group is frequently used in tax law and accounting and (less frequently) company law to attribute the rights and duties of one member of the group to another or the whole. If the corporations are engaged in entirely different businesses, the group is called a conglomerate. The forming of corporate groups usually involves consolidation via mergers and acquisitions, although the group concept focuses on the instances in which the merged and acquired corporate entities remain in existence rather than the instances in which they are dissolved by the parent. The group may be owned by a holding company which may have no actual operations. Black Bear Development, conceptualized ...
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Gujarat Titans
The Gujarat Titans, also known as GT, are a professional Twenty20 cricket team based in Ahmedabad, Gujarat, that competes in the Indian Premier League (IPL). The home ground of the team is Narendra Modi Stadium in Ahmedabad. The franchise is owned by Torrent Group and CVC Capital Partners. The team is captained by Shubman Gill and coached by Ashish Nehra. They won their maiden title in their debut season in 2022 under captain Hardik Pandya and secured the runners-up position the following season, in 2023. Franchise history The Governing Council of the Indian Premier League issued an invitation to tender for two new sides in August 2021. A total of 22 companies declared an interest, but with a high base price for the new teams, there were no more than six serious bidders. The Board of Control for Cricket in India allowed a consortium of three companies or individuals to bid for each franchise. In October 2021, CVC Capital Partners won the rights to operate the Ahmedabad fra ...
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Torrent Group
Torrent Group is an Indian multinational corporation, multinational Conglomerate (company), conglomerate, based in Ahmedabad. It was founded by U. N. Mehta, Uttambhai Nathalal Mehta, and now run by his sons, Sudhir Mehta, Sudhir and Samir Mehta. The core businesses of the group are gas, pharmaceuticals and power. As of September 2024, it has market capitalization of $25 billion. In February 2025, Torrent Group acquired 67% stake in Gujarat Titans for ₹5,000 crore. Subsidiaries The various companies under the Torrent banner are: * Torrent Pharmaceuticals – One of the largest pharmaceutical companies of India. It has four manufacturing plants: (a) Chhatral, Gujarat and (b) Baddi, Himachal Pradesh c) Gangtok Sikkim and d) Dahej, Gujarat. It has a research centre at Bhat, near Ahmedabad in Gujarat. * Torrent Power – Responsible for generation, transmission and distribution of power to the cities of Ahmedabad and Surat. The company has taken up distribution of electricity ...
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Companies Based In Ahmedabad
Ahmedabad is the industrial center in western India after Mumbai. The gross domestic product of Ahmedabad metro was estimated at US$136.1 billion in 2023. Ahmedabad is the largest contributor to the GDP of Gujarat state, with an estimated US$68 billion as of 2017 out of $227 billion, textile and clothing in Ahmedabad is one of the oldest industries. It is the largest supplier of denim and one of the largest exporters of gems and jewellery in the country. Ahmedabad has one of the largest concentration of pharmaceutical and biotech companies in India. Ahmedabad hosts the headquarters of major public-sector banks Ahmedabad Dist Co Op Bank, Ahd Mercantile Co-Op Bank Ltd, Ahmedabad Mercantil Co Op Bank, Dena Bank, The Cosmos Co - Op Bank, Manager Gujarat Ambuja Co-Operative, The Gujarat State Co-operative Bank Ltd.Gujarat State Coop Bank, The Kalupur Bank, Ahmedabad Capital Bank, Kutch Bank co op, Bank of Rajasthan, Bank of Marwad. The textile industry has been the main industry o ...
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Business Today (India)
''Business Today'' is an Indian fortnightly business magazine published by Living Media, Living Media India Limited, in publication since 1992. Circulation ''Business Today'' has the highest circulation and readership amongst business magazines, and is among the top 10 English-language magazines across genres. It is published once a fortnight, and commands a readership base of 1.7 million readers. Events ''Business Today'' events is a group of programmes that includes the signature BT MindRush and BT Best CEO Awards. BT does events such as India@100 Economy Summit. Leadership In May 2021, India Today Group elevated Rahul Kanwal to the role of executive director of ''Business Today''. References External links Official website
1992 establishments in India Biweekly magazines published in India India Today Group Business magazines published in India Magazines established in 1992 English-language magazines published in India {{business-mag-stub ...
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PM CARES Fund
The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on 27 March 2020, following the COVID-19 pandemic in India. Although it is named for the Prime Minister of India, and uses the State Emblem of India, it is a private fund, used at the discretion of the Prime Minister and the Fund's trustees, and does not form a part of the Government of India's accounts. The Fund was established for the purpose of redressing the COVID-19 pandemic in India, in 2020. While complete documentation for the Fund's establishment has not been made public, the Government of India has stated that the Prime Minister of India, Narendra Modi, is the chairman of the fund, and that trustees include the Minister of Defence, Rajnath Singh; the Minister of Home Affairs, Amit Shah, the Minister of Finance, Nirmala Sitharaman, and several corporate leaders and industrialists, including Ratan Tata, and Sudha Murty. The total amount of funds donated and ...
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Kanpur
Kanpur (Hindustani language, Hindustani: ), originally named Kanhapur and formerly anglicized as Cawnpore, is the second largest city of the Indian States and union territories of India, state of Uttar Pradesh after Lucknow. It was the primary financial and commercial centre of North India, northern India. Founded in the year 1207 by Rajput ruler Raja Kanh Deo, Kanpur became one of the most important commercial and military stations of British Raj. Kanpur had been the major financial and industrial centre of northern India and also the ninth-largest urban economy in India. Today it is famous for its colonial architecture, gardens, sweets, dialect, and high-quality leather, plastic and textile products which are exported mainly to the Western world, West. The city is home to historical monuments such as the Jajmau Ghat which dates back to the 17th century AD. Kanpur is also home to several historical sites such as the Kanpur Sangrahalaya, Kanpur Museum, Bhitargaon Temple, Europea ...
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Agra
Agra ( ) is a city on the banks of the Yamuna river in the Indian state of Uttar Pradesh, about south-east of the national capital Delhi and 330 km west of the state capital Lucknow. With a population of roughly 1.6 million, Agra is the fourth-most populous city in Uttar Pradesh and List of cities in India by population, twenty-third most populous city in India. Agra's notable historical period began during Sikandar Khan Lodi's reign, but the golden age of the city began with the Mughals in the early 16th century. Agra was the foremost city of the Indian subcontinent and the capital of the Mughal Empire under Mughal emperors Babur, Humayun, Akbar, Jahangir and Shah Jahan. Under Mughal rule, Agra became a centre for learning, arts, commerce, and religion, and saw the construction of the Agra Fort, Sikandra, Agra, Sikandra and Agra's most prized monument, the Taj Mahal, constructed between 1632 and 1648 by Shah Jahan in remembrance of his wife Mumtaz Mahal. With the decline ...
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Bhiwandi
Bhiwandi () is a city in the Thane district of Maharashtra, India. It is located northeast of Mumbai, and northeast of the city of Thane. The city is a part of the Mumbai Metropolitan Region. Bhiwandi is a commercial city and a major trade center that connects Mumbai and the rest of India through the Mumbai–Agra highway. It is known for its textile industry, though in recent years, economic downturn has forced the closure of a large portion of the sector. Bhiwandi lies in the Konkani coastal lowland, a region known geographically for its hills and streams. The city houses the tehsil headquarters of Bhiwandi, and it is administered by the Bhiwandi-Nizampur Municipal Corporation. Business and employment The city of Bhiwandi has the largest number of power looms and handlooms in the country. The majority of the population is employed in the power loom sector. The second-largest power loom, after the one in Surat, Gujarat, is located in Bhiwandi. Since 2012, the city's te ...
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Surat
Surat (Gujarati Language, Gujarati: ) is a city in the western Indian States and territories of India, state of Gujarat. The word Surat directly translates to ''face'' in Urdu, Gujarati language, Gujarati and Hindi. Located on the banks of the river Tapti near its confluence with the Arabian Sea, it used to be a large seaport. It is now the commercial and economic centre of South Gujarat, and one of the largest urban areas of western India. It has well-established diamond and textile industry, and is a major supply centre for apparels and accessories. About 90% of the world's diamonds are cut and polished in Surat. It is the second largest city in Gujarat after Ahmedabad and the List of most populous cities in India, eighth largest city by population and List of million-plus urban agglomerations in India, ninth largest urban agglomeration in India. It is the administrative capital of the Surat district. The city is located south of the state capital, Gandhinagar; south of A ...
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Sikkim
Sikkim ( ; ) is a States and union territories of India, state in northeastern India. It borders the Tibet Autonomous Region of China in the north and northeast, Bhutan in the east, Koshi Province of Nepal in the west, and West Bengal in the south. Sikkim is also close to the Siliguri Corridor, which borders Bangladesh. Sikkim is the List of states and union territories of India by population, least populous and List of states and union territories of India by area, second-smallest among the Indian states. Situated in the Eastern Himalaya, Sikkim is notable for its biodiversity, including Alpine climate, alpine and subtropical climates, as well as being a host to Kangchenjunga, the List of mountains in India, highest peak in India and List of highest mountains on Earth, third-highest on Earth. Sikkim's Capital (political), capital and largest city is Gangtok. Almost 35% of the state is covered by Khangchendzonga National Park – a UNESCO World Heritage Site. The Kingdom of Si ...
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Himachal Pradesh
Himachal Pradesh (; Sanskrit: ''himācāl prādes;'' "Snow-laden Mountain Province") is a States and union territories of India, state in the northern part of India. Situated in the Western Himalayas, it is one of the thirteen Indian Himalayan Region, mountain states and is characterised by an extreme landscape featuring List of mountain peaks of Himachal Pradesh, several peaks and extensive river systems. Himachal Pradesh is the northernmost state of India and shares borders with the union territories of Jammu and Kashmir (union territory), Jammu and Kashmir and Ladakh to the north, and the states of Punjab (India), Punjab to the west, Haryana to the southwest, Uttarakhand to the southeast and a very narrow border with Uttar Pradesh to the south. The state also shares an international border to the east with the Tibet Autonomous Region in China. Himachal Pradesh is also known as ''Dev Bhoomi'', meaning 'Land of Gods' and ''Veer Bhoomi'' which means 'Land of the Brave'. The pre ...
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