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Fabindia
Fabindia is an Indian chain store retailing garments, furnishings, fabrics and ethnic products Handicraft, handmade by craftspeople across rural India. Established in 1960 by John Bissell, an American working for the Ford Foundation, New Delhi, Fabindia started out exporting home furnishings, before stepping into domestic retail in 1976, when it opened its first retail store in Greater Kailash, New Delhi. The chairman of the company is John's son, William Nanda Bissell. As of July 2020, Fabindia operated 327 stores across India and 14 international stores. In 2008, Fabindia had a revenue of $65 million, a 30% increase from the previous year. Fabindia sources its product from across India through 17 community-owned companies; a certain percentage of the shares of which are held by artisans and craftspersons. The products of Fabindia are mainly sourced from villages helping to provide and sustain rural employment in India. They are currently produced by over 40,000 artisans and cr ...
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FabIndia Outlet, Khan Market, New Delhi
Fabindia is an Indian chain store retailing garments, furnishings, fabrics and ethnic products Handicraft, handmade by craftspeople across rural India. Established in 1960 by John Bissell, an American working for the Ford Foundation, New Delhi, Fabindia started out exporting home furnishings, before stepping into domestic retail in 1976, when it opened its first retail store in Greater Kailash, New Delhi. The chairman of the company is John's son, William Nanda Bissell. As of July 2020, Fabindia operated 327 stores across India and 14 international stores. In 2008, Fabindia had a revenue of $65 million, a 30% increase from the previous year. Fabindia sources its product from across India through 17 community-owned companies; a certain percentage of the shares of which are held by artisans and craftspersons. The products of Fabindia are mainly sourced from villages helping to provide and sustain rural employment in India. They are currently produced by over 40,000 artisans and cr ...
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William Nanda Bissell
William Nanda Bissell (born 10 June 1966) an Indian businessman and the chairman of Fabindia. Until 2018, Bissell served as the managing director of the company. Early life and education Bissell was born to Bimla Nanda, a Punjabi, and John Bissell, an American from Connecticut, who came to India in the 1950s as part of a programme by Ford Foundation to work with rural craftsmen and develop artisanal clusters in a newly independent nation. In 1960, John Bissell founded Fabindia, a company that connected rural craftsmen, weavers and artists from across India to urban markets. Bissell grew up in Delhi and later attended Wesleyan University in the United States. After graduating in 1988, Bissell set up an artisans' co-operative based on the Gandhian model, which involved working with leather workers in Rajasthan. In 1993, Bissell returned to New Delhi to help John run Fabindia. Work Bissell acquired Organic India. He has also served as a trustee of Centre for Science and Environ ...
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Kurta
A ''kurta'' is a loose collarless shirt or tunic worn in many regions of South Asia, (subscription required) Quote: "A loose shirt or tunic worn by men and women." Quote: "Kurta: a loose shirt without a collar, worn by women and men from South Asia" and now also worn around the world. Quote: "The kurta—the tunic—is likewise variable in its cut. It might be wide or tight, there is variety in the length and width of the sleeves, the height of the slits on either side, and especially the shape of the neck. The length of the tunic varies as well, ranging from upper-thigh to well below the knee. Like most garments of this type, worn by people in many countries in South Asia, the Middle East, and North Africa, the tunic always covers the crotch area of both genders." Tracing its roots to Central Asian nomadic tunics, or upper body garments, of the late-ancient- or early-medieval era, the kurta has evolved stylistically over the centuries, especially in South Asia, as a garment for ...
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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 ...
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Terence Conran
Sir Terence Orby Conran (4 October 1931 – 12 September 2020) was an English designer, restaurateur, retailer and writer. He founded the Design Museum in Shad Thames, London in 1989 The British designer Thomas Heatherwick said that Conran "moved Britain forward to make it an influence around the world." Edward Barber, from the British design team Barber & Osgerby, described Conran as "the most passionate man in Britain when it comes to design, and his central idea has always been 'Design is there to improve your life.'" The satirist Craig Brown once joked that before Conran "there were no chairs and no France." Early life and education Conran was born in Kingston upon Thames, the son of Christina Mabel Joan Conran (née Halstead, d.1968) and South African-born Gerard Rupert Conran (d.1986), a businessman who owned a rubber importation company in East London. Conran was educated at Highfield School in Liphook, Bryanston School in Dorset and the Central School of Art and Desi ...
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Ikano
Ikano Group is a privately held international group of companies with the parent company Ikano S.A. based in Luxembourg. It was originally a part of IKEA, which was founded by Ingvar Kamprad, then became independent in 1988, and has since been owned by the Kamprad family. Operations Ikano has operations in 17 countries in Europe, Southeast Asia and North America. Ikano performs business within the following areas: * Data analysis (United Kingdom) *Finance (Austria, Denmark, Finland, Germany, Norway, Poland, Russia, Sweden, United Kingdom) * Group Services (Luxembourg) *Insurance ( Switzerland) *Production (Mexico, Poland) *Real Estate ( Sweden, DenmarkIkano Bolig) * Retail (Malaysia, Philippines, Singapore, Thailand, Mexico) Subsidiaries include for example Ikano Bank AB, Ikano Bostad AB (Real Estate) and Ikano LLC in Russia, jointly owned with Credit Europe Bank. Its financial services include mortgage loans, consumer loans, and loyalty cards for retailers and the residential ...
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The Hindu
''The Hindu'' is an Indian English-language daily newspaper owned by The Hindu Group, headquartered in Chennai, Tamil Nadu. It began as a weekly in 1878 and became a daily in 1889. It is one of the Indian newspapers of record and the second most circulated English-language newspaper in India, after '' The Times of India''. , ''The Hindu'' is published from 21 locations across 11 states of India. ''The Hindu'' has been a family-owned newspaper since 1905, when it was purchased by S. Kasturi Ranga Iyengar from the original founders. It is now jointly owned by Iyengar's descendants, referred to as the "Kasturi family", who serve as the directors of the holding company. The current chairperson of the group is Malini Parthasarathy, a great-granddaughter of Iyengar. Except for a period of about two years, when S. Varadarajan held the editorship of the newspaper, the editorial positions of the paper were always held by members of the family or held under their direction. Histo ...
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Churidar
Churidars, also churidar pyjamas, are tightly fitting trousers worn by both men and women in Indian Subcontinent. Churidars are a variant of the common shalwar pants. Shalwars are cut wide at the top and narrow at the ankle. Churidars narrow more quickly so that contours of the legs are revealed. They are usually cut on the bias, making them naturally stretchy. Stretch is important when pants are closefitting. They are also longer than the leg and sometimes finish with a tightly fitting buttoned cuff at the ankle. The excess length falls into folds and appears like a set of bangles resting on the ankle (hence 'churidar'; 'churi': bangle, 'dar': like). When the wearer is sitting, the extra material is the "ease" that makes it possible to bend the legs and sit comfortably. The word ''churidar'' is from Urdu and Hindi which made its way into English only in the 20th century.Hawkins, R. E. 1984. ''Common Indian words in English''. Oxford University Press, New Delhi. Earlier, tight- ...
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Khadi And Village Industries Commission
The Khadii and Village Industries Commission (KVIC) is a statutory body formed in April 1957 by the Government of India, under the Act of Parliament, 'Khadi and Village Industries Commission Act of 1956'. It is an apex organisation under the Ministry of Micro, Small and Medium Enterprises, with regard to khadi and village industries within India, which seeks to - "plan, promote, facilitate, organise and assist in the establishment and development of khadi and village industries in the rural areas in coordination with other agencies engaged in rural development wherever necessary.". In April 1957, it took over the work of former All India Khadi and Village Industries Board. Its head office is in Mumbai, whereas its six zonal offices in Delhi, Bhopal, Bengaluru, Kolkata, Mumbai and Guwahati. Other than its zonal offices, it has offices in 28 states for the implementation of its various programmes Important Terms Khadi ''"The livery of freedom"'' – Mahatma Gandhi Khadi, ( ...
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Mathura Road
Mathura Road is a road in Delhi and a part of the NH 2 (Delhi-Howrah) Highway. Some of it is part of the Grand Trunk Road passing through Faridabad, and it leads right up to the holy town of Mathura, the birthplace of Lord Krishna. In 1723 people from the Mathura Colony in then Faridabad flocked and took refuge in the slums of this area. Over time they established themselves as a dominant pressure group and won numerous battles against the overarching nascent Tughlaq regimes. The etymology of Mathura Road is believed to have its roots in these transformations. Further down the road stand the National Zoological Park Delhi, Purana Qila and Pragati Maidan, which was Delhi's largest convention and exhibition space. The grave of poet Bedil, lies in a garden called ''Bagh-e-Bedil ''(Garden of Bedil) situated across Purana Qila, at Mathura Road. Architectural monuments on Mathura Road * Purana Qila, Delhi * Khairul Manzil mosque, opposite Purana Qila. * Sher Shah Gate, and th ...
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The Emergency (India)
The Emergency in India was a 21-month period from 1975 to 1977 when Prime Minister Indira Gandhi had a state of emergency declared across the country. Officially issued by President Fakhruddin Ali Ahmed under Article 352 of the Constitution because of prevailing "internal disturbance", the Emergency was in effect from 25 June 1975 to its withdrawal on 21 March 1977. The order bestowed upon the Prime Minister the authority to rule by decree, allowing elections to be cancelled and civil liberties to be suspended. For much of the Emergency, most of Gandhi's political opponents were imprisoned and the press was censored. Several other human rights violations were reported from the time, including a mass campaign for vasectomy spearheaded by her son Sanjay Gandhi. The Emergency is one of the most controversial periods of Indian history since its independence. The final decision to impose an emergency was proposed by Indira Gandhi, agreed upon by the President of India, and ratified ...
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Reserve Bank Of India
The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Nashik (Western India) and Dewas (Central India). RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit facilit ...
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