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Dabur Group
Dabur Ltd is an Indian multinational consumer goods company, founded by S. K. Burman and headquartered in Ghaziabad. It manufactures Ayurvedic medicine and natural consumer products, and is one of the largest fast-moving consumer goods (FMCG) companies in India. Dabur derives around 60% of its revenue from the consumer care business, 11% from the food business and remaining from the international business unit. History Dabur was founded in Kolkata by Dr. S. K. Burman in 1884. Burman's family had migrated from Punjab to Kolkata and are Punjabi Khatris by origin. In the mid-1880s, as an Ayurvedic practitioner in Kolkata, he formulated Ayurvedic medicines for diseases like cholera, constipation and malaria. As a qualified physician, he went on to sell his medicines in Bengal on a bicycle. His patients started referring him and his medicines as "Dabur", a portmanteau of the words ''daktar'' (doctor) and Burman. He later went on to mass-produce his Ayurvedic formulations. C.L. Bur ...
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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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Fast-moving Consumer Goods
Fast-moving consumer goods (FMCG), also known as consumer packaged goods (CPG), are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods, beverages, toiletries, candies, cosmetics, over-the-counter drugs, dry goods, and other consumables. Fast moving consumer goods have a high inventory turnover and are contrasted with specialty items which have lower sales and higher carrying charges. Many retailers carry only FMCGs; particularly hypermarkets, big box stores and warehouse club stores. Small convenience stores also stock fast moving goods; the limited shelf space is filled with higher turnover items. Characteristics The following are the main characteristics of FMCGs: * From the consumer perspective ** Frequent purchases ** Low engagement (little or no effort to choose the item) ** Low prices ** Short shelf life ** Rapid consumption * From the marketer perspective ** High volumes ** Low contrib ...
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Corporate Social Responsibility
Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically oriented practices. While once it was possible to describe CSR as an internal organizational policy or a corporate ethic strategy, that time has passed as various national and international laws have been developed. Various organizations have used their authority to push it beyond individual or even industry-wide initiatives. In contrast, it has been considered a form of corporate self-regulation for some time, over the last decade or so it has moved considerably from voluntary decisions at the level of individual organizations to mandatory schemes at regional, national, and international levels. Moreover, scholars and firms are using the term "creating shared value", an extension of corporate social responsibility, to explain ways of d ...
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Socioeconomics
Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes. In general it analyzes how modern society, societies social progress, progress, economic stagnation, stagnate, or social regress, regress because of their local economy, local or regional economy, or the global economy. Overview “Socioeconomics” is sometimes used as an umbrella term for various areas of inquiry. The term “social economics” may refer broadly to the "use of economics in the study of Social relation, society". More narrowly, contemporary practice considers behavioral interactions of individuals and groups through social capital and social "markets" (not excluding, for example, Assortative mating, sorting by marriage) and the formation of social norms. In the relation of economics to Value (ethics), social values. A distinct supplemental usage describes social economics as "a discipline studying the reciprocal rel ...
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Fresenius SE
Fresenius SE & Co. KGaA is a health care company based in Bad Homburg vor der Höhe, Germany. It provides products and services for dialysis, in hospitals and inpatient and outpatient medical care. It is involved in hospital management and in engineering and services for medical centers and other health care facilities. The company is ranked 258th on the Forbes Global 2000. In March 2022 it announced plans to merge with InterWell Health and Cricket Health to form a new company, which will operate under the InterWell Health brand, focused on services for the earlier stages of kidney disease. Operations There are four divisions: * Fresenius Medical Care, a publicly traded company of which Fresenius owns 30.8%, focuses on patients with chronic kidney failure. With a North American headquarters in Waltham, Massachusetts, it has a 38% market share of the dialysis market in the United States. * Fresenius Helios is the largest hospital operator and provider of inpatient and ou ...
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Anand Burman
Anand Ashok Chand Burman (born 1952) is an Indian billionaire businessman, and chairman of Dabur a leading consumer goods company. With a net worth of $5.8 billion, he is among the Top 20 richest Indians and on the ''Forbes'' list. Early life Burman was born in Kolkata in 1952, in a Punjabi Khatri business family. His father was Ashok Chand Burman, chairman emeritus of Dabur. He finished his initial school education at St. Paul's School in Darjeeling, India. Burman completed his bachelor's degree in chemistry from the University of Wisconsin and his master's degree and a doctorate in pharmaceutical chemistry, both from the University of Kansas. Dabur Anand joined the family business Dabur as manager of the research and development department in 1980. He came on the company's board in 1986 and became chairman in 2007. Other associations Anand is the co-founder of Asian healthcare fund and serves on the board of directors for 33 companies including Hero Motocorp, Aviva Life ...
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Business History
Business history is a historiographical field which examines the history of firms, business methods, government regulation and the effects of business on society. It also includes biographies of individual firms, executives, and entrepreneurs. It is related to economic history. It is distinct from "company history" which refers to official histories, usually funded by the company itself. United States Robber baron debate Even before academic studies began, Americans were enthralled by the Robber baron debate. As the United States industrialized very rapidly after the Civil War, a few hundred prominent men made large fortunes by building and controlling major industries, such as railroads, shipping, steel, mining and banking. Yet the newer who gathered the most attention was railroader Cornelius Vanderbilt. Historian Stephen Frazier argues that probably most Americans admired Vanderbilt; they agreed with biographer William Augustus Croffut who wrote in 1886: :It is now know ...
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Headquarters
Headquarters (commonly referred to as HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the top of a corporation taking full responsibility for managing all business activities. In the United Kingdom, the term head office (or HO) is most commonly used for the headquarters of large corporations. The term is also used regarding military organizations. Corporate A headquarters is the entity at the top of a corporation that takes full responsibility for the overall success of the corporation, and ensures corporate governance. The corporate headquarters is a key element of a corporate structure and covers different corporate functions such as strategic planning, corporate communications, tax, legal, marketing, finance, human resources, information technology, and procurement. This entity includes the chief executive officer (CEO) ...
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Delhi
Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders with the state of Uttar Pradesh in the east and with the state of Haryana in the remaining directions. The NCT covers an area of . According to the 2011 census, Delhi's city proper population was over 11 million, while the NCT's population was about 16.8 million. Delhi's urban agglomeration, which includes the satellite cities of Ghaziabad, Faridabad, Gurgaon and Noida in an area known as the National Capital Region (NCR), has an estimated population of over 28 million, making it the largest metropolitan area in India and the second-largest in the world (after Tokyo). The topography of the medieval fort Purana Qila on the banks of the river Yamuna matches the literary description of the citadel Indraprastha in the Sanskrit ...
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Gherao
Gherao, meaning "encirclement", is a word which denotes a tactic used by labour activists and union leaders in India; it is similar to picketing. Usually, a group of people would surround a politician or a government building until their demands are met, or answers given. This principle was introduced as a formal means of protest in the labour sector by Subodh Banerjee, the PWD and Labor Minister in the 1967 and 1969 United Front Governments of West Bengal, respectively. Owing to its popularity, the word “gherao” was added to the Concise Oxford English Dictionary in 2004. Page 598 has the entry: “Gherao: n (pl. gheraos). Indian; a protest in which workers prevent employers leaving a place of work until demands are met; Origin: From Hindi” and Subodh Banerjee was referred to as the ''Gherao minister''. Gherao was being used by farmers against government buildings in the 2020–2021 Indian farmers' protest. See also * Bandh * Bossnapping * Lock-in * Picketing *Escrache E ...
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Portmanteau
A portmanteau word, or portmanteau (, ) is a blend of wordsGarner's Modern American Usage
, p. 644.
in which parts of multiple words are combined into a new word, as in ''smog'', coined by blending ''smoke'' and ''fog'', or ''motel'', from ''motor'' and ''hotel''. In , a portmanteau is a single morph that is analyzed as representing two (or more) underlying s. When portmanteaus shorten es ...
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Bengal
Bengal ( ; bn, বাংলা/বঙ্গ, translit=Bānglā/Bôngô, ) is a geopolitical, cultural and historical region in South Asia, specifically in the eastern part of the Indian subcontinent at the apex of the Bay of Bengal, predominantly covering present-day Bangladesh and the Indian state of West Bengal. Geographically, it consists of the Ganges-Brahmaputra delta system, the largest river delta in the world and a section of the Himalayas up to Nepal and Bhutan. Dense woodlands, including hilly rainforests, cover Bengal's northern and eastern areas, while an elevated forested plateau covers its central area; the highest point is at Sandakphu. In the littoral southwest are the Sundarbans, the world's largest mangrove forest. The region has a monsoon climate, which the Bengali calendar divides into six seasons. Bengal, then known as Gangaridai, was a leading power in ancient South Asia, with extensive trade networks forming connections to as far away as Roman Egypt. ...
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