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Investment Commission Of India
The Investment Commission of India (ICI) is a three-member investment commission, set up in the Ministry of Finance in December 2004 by the Government of India. Ratan Tata is the Chairman and Deepak Parekh and Dr. Ashok Sekhar Ganguly, former Hindustan Lever chairman, are members. History The Investment Commission has been set up to enhance and facilitate investment in India. The Commission makes recommendations to the Government of India on policies and procedures to facilitate investment, recommends projects and investment proposals that should be fast-tracked/mentored, and promotes India as an investment destination. ICI is now abolished. See also * Planning commission of India The Planning Commission was an institution in the Government of India, which formulated India's Five-Year Plans, among other functions. In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to diss ... References {{Indian commissions Indian co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (India)
The Ministry of Finance (IAST: ''Vitta Maṃtrālaya'') is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget. The Ministry of Finance is the apex controlling authority of ''four'' central civil services namely Indian Revenue Service, Indian Audit and Accounts Service, Indian Economic Service and Indian Civil Accounts Service. It is also the apex controlling authority of one of the central commerce services namely Indian Cost and Management Accounts Service History R. K. Shanmukham Chetty was the first Finance Minister of independent India. He presented the first budget of independent India on 26 November 1947. Department of Economic Affairs The Department of Economic Affairs is the nodal agency of the Union Government to formulate and monitor country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a bicameral Parliament, President, aided by the Council of Ministers, and the Supreme Court respectively. Through judicial evolution, the Parliament has lost its sovereignty as its amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legislature have negligible say. Etymology and history The Government of India Act 1833, passed by the British parliament, is the first such act of law with the epithet "Government of India". Basic structure The gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ratan Tata
Ratan Naval Tata, GBE (born 28 December 1937) is an Indian industrialist and former chairman of Tata Sons. He was also the chairman of the Tata Group from 1990 to 2012, serving also as interim chairman from October 2016 through February 2017. He continues to head its charitable trusts. In 2008, he received the Padma Vibhushan, the second highest civilian honour in India, after receiving the Padma Bhushan, the third highest civilian honour in 2000. He is the son of Naval Tata, who was adopted by Ratanji Tata, son of Jamsetji Tata, the founder of the Tata Group. He graduated from the Cornell University College of Architecture with a bachelor's degree in architecture, and the Harvard Business School through a management course he completed in 1975. He joined Tata in 1961, where he worked on the shop floor of Tata Steel. He later succeeded J. R. D. Tata's as chairman of Tata Sons upon the latter's retirement in 1991. Under his tenure the Tata Group acquired Tetley, Jaguar Land R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deepak Parekh
Deepak Parekh (born 18 October 1944) is an Indian businessman and the Chairman of Housing Development Finance Corporation, India's leading housing private development finance institution. It is based in Mumbai. Education Parekh completed his schooling from St. Xavier's High School, Fort and later graduated with a B.Com from Sydenham College affiliated with the University of Mumbai. He went to England in 1965 to qualify as a chartered accountant with the ICAEW; he completed his articles with Whinney, Smith and Whinney (which later became Ernst & Young) in London. He also cleared the Certified Associate of Indian Institute of Bankers (CAIIB) of Indian Institute of Banking and Finance. He cleared his ACA exams in the first attempt and was afterwards posted at the firm's consulting arm Ernst & Ernst in New York. Career Parekh has worked at Ernst & Young, Grindlays Bank, and Chase Manhattan Bank as its assistant representative for South Asia. He joined Housing Development Finan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ashok Sekhar Ganguly
Dr Ashok Shekar Ganguly noted industry expert and former chairman of Hindustan Lever, was a nominated member of the Rajya Sabha. His term ended on 17 November 2015. Early life and education He was born on 28 July 1935 in Patna to Sekhar Nath and Binapani Ganguly. He was educated at the Master Tutorial High School, Mumbai, and obtained his B.Sc. degree from the Jaihind College, Mumbai. He completed his M.S. in 1959 and Ph.D. in 1961 from the University of Illinois Department of Food Science and Human Nutrition, College of Agriculture, Consumer and Environmental Sciences. Career Much of Dr. Ganguly's working life has been with Unilever PLC, where he spent over 35 years. He was the Chairman of Hindustan Lever Ltd from 1980 to 1990 and a member of the Unilever Board from 1990 to 1997. Dr. Ganguly has held board level positions with various other multinationals, including Hindustan Lever, ICI India, British Airways, Wipro, Tata AIG Life Insurance Co, Hemogenomics, and Firstsource ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hindustan Unilever
Hindustan Unilever Limited (HUL) is a consumer goods company headquartered in Mumbai, Maharashtra. It is a subsidiary of Unilever, a British company. Its products include foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods. HUL was established in 1931 as Hindustan Vanaspati Manufacturing Co. and following a merger of constituent groups in 1956, it was renamed Hindustan Lever Limited. The company was renamed in June 2007 as Hindustan Unilever Limited. As of 2019, Hindustan Unilever's portfolio had 50+ product brands in 14 categories. The company has 21,000 employees and clocked sales of ₹34,619 crores in FY2017–18. In December 2018, HUL announced its acquisition of GlaxoSmithKline's India's consumer business for $3.8 billion in an all equity merger deal with a 1:4.39 ratio. However the integration of GSK's 3,800 employees remained uncertain as HUL stated there was no clause for retention of employees in the deal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Planning Commission Of India
The Planning Commission was an institution in the Government of India, which formulated India's Five-Year Plans, among other functions. In his first Independence Day speech in 2014, Prime Minister Narendra Modi announced his intention to dissolve the Planning Commission. It has since been replaced by a new institution named NITI Aayog. History Rudimentary economic planning, deriving from the sovereign authority of the state, was first initiated in India in 1938 by Congress President Netaji Subhash Chandra Bose,Atul Tiwari ,Jawaharlal Nehru who had been persuaded by Meghnad Saha to set up a National Planning Committee. M. Visvesvaraya had been elected head of the Planning Committee. Meghnad Saha approached him and requested him to step down, putting forward the argument that planning needed a reciprocity between science and politics. M. Visvesvaraya generously agreed and Jawaharlal Nehru was made head of the National Planning Committee. The so-called "British Raj" also fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Commissions And Inquiries
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Trade Of India
Foreign trade in India includes all imports and exports to and from India. At the level of Central Government it is administered by the Ministry of Commerce and Industry. Foreign trade accounted for 48.8% of India's GDP in 2018. History Even before independence, the Government of India maintained semi-autonomous diplomatic relations. It had colonies (such as the Aden Settlement), who sent and received full missions, and was a founder member of both the League of Nations and the United Nations. After India gained independence from the United Kingdom in 1947, it soon joined the Commonwealth of Nations and strongly supported independence movements in other colonies, like the Indonesian National Revolution. The partition and various territorial disputes, particularly that over Kashmir, would strain its relations with Pakistan for years to come. During the Cold War, India adopted a foreign policy of non-alignment policy itself with any major power bloc. However, India developed cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inward Investment
Inward investment is the injection of money from an external source into a region, in order to purchase capital goods for a branch of a corporation to locate or develop its presence in the region. Foreign sources, such as transnational corporations or multinational corporations invest money by introducing new industrial sites to an area, in order to produce more of their product, sometimes in response to changes noticed in that area, such as a growing population or enhanced transport network. Inward investment creates jobs in an area and brings wealth into the economy. Some places do however attract inward investment due to their relative remoteness, for example a company wanting to recruit personnel with relatively common skills might deliberately relocate to an area where wage rates are relatively low, a factor that could arise because of the absence of similar jobs or localised underemployment Underemployment is the underuse of a worker because a job does not use the worke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
