Hindustan Latex
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Hindustan Latex
HLL Lifecare Limited (formerly Hindustan Latex Limited) (HLL) is an Indian Health care, healthcare product Manufacturing, manufacturing company based in Thiruvananthapuram, Kerala, India. A Government of IndiaGovernment-owned corporation, -owned corporation (Public-sector undertaking). Products It produces Health care, health care products, including: condoms, Oral contraceptive pill, contraceptive pills, Intrauterine device, IUDs, surgical sutures, Packed red blood cells, blood bags and Pharmaceutical industry, Pharma products. One of HLL's Birth control, contraceptive products is ormeloxifene, branded as ''Ormeloxifene, Saheli'', the world’s first and only oral non-hormonal, non-steroidal oral contraceptive, taken as a weekly pill. In 2012, HLL announced a polymerase chain reaction based duplex test kit for chikungunya and dengue fever tests in collaboration with the Rajiv Gandhi Centre for Biotechnology, Thiruvananthapuram, Trivandrum. In December 2015, they have tied up ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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