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Oriental Bank Of Commerce
Oriental Bank of Commerce (OBC) was an Indian public sector bank headquartered at Gurgaon, Haryana. It had 2390 branches and 2625 ATMs across India. In April 2020, the bank along with United Bank of India has been merged with Punjab National Bank, making the latter the second-largest public sector bank in India. History Its earliest date of incorporation per the Registrar of Companies is 1901. Rai Bahadur Lala Sohan Lal the first Chairman of the Bank, founded OBC in 1943 in Lahore. Within four years of its coming into existence, OBC had to face Partition. The bank had to close down its branches in the newly formed Pakistan and shift its registered office from Lahore to Amritsar. Lala Karam Chand Thapar, the then Chairman of the Bank, in a unique gesture honoured the commitments made to the depositors from Pakistan and paid every rupee to its departing customers. The Bank has witnessed many ups and downs since its establishment. The period of 1970–76 is said to be the most ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nagesh Paidah
Nagesh (born Cheyur Krishnarao Nageshwaran; (27 September 1933 – 31 January 2009) was an Indian actor, mostly remembered for his roles as a comedian in Tamil films during the 1960s. Nagesh was born in Dharapuram. He acted in over 1,000 films from 1958 to 2008, performing in a variety of roles as comedian, lead roles, supporting actor and antagonist. He has also acted in Telugu, Malayalam, Hindi and Kannada films. Nagesh's style of comedy was largely inspired by Hollywood actor Jerry Lewis. Similarities between Nagesh and Lewis earned Nagesh the sobriquet the "Jerry Lewis of India". He was also nicknamed as the King of Comedy due to his impeccable comedy timing and body language. He featured regularly in the film projects of M. G. Ramachandran and Sivaji Ganesan even at a time when there was a massive rift between the two leading actors in Tamil cinema at that time. He has a unique distinction of sharing screen space with lead actors belonging to three generations of Tamil fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dalbir Singh
General Dalbir Singh Suhag, PVSM, UYSM, AVSM, VSM, ADC (born 28 December 1954) is the former Indian High Commissioner to Seychelles and a former Chief of Army Staff of the Indian Army. He was the 25th Chief of the Army Staff (COAS) of the Indian Army, serving from 31 July 2014 to 31 December 2016, and Vice Chief of the Army Staff prior to that. Early life and education Singh is a third generation soldier who was born on 28 December 1954 to Ishari Devi and Ch Ramphal Singh, a subedar-major in the 18th Cavalry Regiment of the Indian Army. He is from Bishan village of Jhajjar district, Haryana, India. Singh completed his primary education in his native village and then moved to Sainik School, Chittorgarh, Rajasthan for his secondary education in 1965 before joining the National Defence Academy in 1970. He holds master's degrees in Management Studies and Strategic Studies and has also completed the Executive Course offered by the Asia-Pacific Center for Security Studies in Haw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nirmala Sitharaman
Nirmala Sitharaman (born 18 August 1959) is an Indian economist and politician serving as the Minister of Finance and Corporate Affairs of India since 2019. She is a member of the Rajya Sabha, upper house of the Indian Parliament, since 2014. Sitharaman previously served as the Defence Minister of India, thereby becoming India's second female defence minister and the second female finance minister after Indira Gandhi, and the first full-time female minister to hold each of those portfolios. She has served as the Minister of State for Finance and Corporate Affairs under the Ministry of Finance and the Minister for Commerce and Industry with independent charge. Prior to that, she served as a national spokesperson for the Bharatiya Janata Party. Sitharaman featured in the Forbes 2022 list of World's 100 most powerful women and was ranked 36. Fortune ranked Nirmala Sitharaman as the most powerful woman in India. Early life Nirmala Sitharaman was born in a Tamil Iyengar family in M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (India)
The Minister of Finance (Vitta Mantrī ) (or simply, the Finance Minister, short form FM) is the head of the Ministry of Finance of the Government of India. One of the senior offices of the Union Cabinet, the finance minister is responsible for the fiscal policy of the government. A key duty of the Finance Minister is to present the annual Union Budget in Parliament, detailing the government's plan for taxation and spending in the coming financial year. Through the Budget, the finance minister also outlines allocations to all the ministries and departments. The Minister is assisted by the Minister of State for Finance and the junior Deputy Minister of Finance. There have been a number of Ministers of Finance that went on to become the Prime Minister; Morarji Desai, Charan Singh, Vishwanath Pratap Singh and Manmohan Singh and also to serve as the President; R.Venkataraman and Pranab Mukherjee. Several Prime Ministers have also gone on to hold the position of Minister of Finance. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Trust Bank (India)
Global Trust Bank (India) (GTB) was founded on 21 October 1994 and commenced operations at Secunderabad. Its founders included Ramesh Gelli (its first Chairman), Sridar Subasri, and Jayant Madhob, among others. The bank introduced a number of technology-based innovations and responsive service.Sridar (2004). GTB was involved in the stock market scam of 2001, that the stockbroker Ketan Parekh ran. GTB lent heavily to individuals speculating in the stock market; when the market crashed the bank suffered extensive losses. One consequence was that merger talks with UTI Bank fell through. The Reserve Bank of India (RBI) forced Gelli to resign. Gelli's successor resigned after six months, and Gelli's son joined the board of directors. In 2004, Gelli briefly returned to the bank in February 2004 before being again forced to resign. RBI examined GTB's accounts for 2001-2 and found that GTB's net worth had turned negative, but did not close the bank. GTB did not address its problems. Inste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hoshiarpur
Hoshiarpur () is a city and a Municipal corporations in India, municipal corporation in Hoshiarpur district in the Doaba region of the Indian state of Punjab, India, Punjab. It was founded, according to tradition, during the early part of the fourteenth century. In 1809, it was occupied by the forces of Maharaja Karanvir Singh and was united into the greater state of Punjab in 1849. Hoshiarpur has an average elevation of . Hoshiarpur district is located in the north-east part of the Indian state of Punjab. It falls in the Jalandhar Revenue Division and is situated in the Bist Doab portion of the Doaba region. Hoshiarpur shares a boundary with Kangra district, and Una district of Himachal Pradesh in the northeast. In the southwest, it borders Shahid Bhagat Singh Nagar district, Jalandhar district, and Kapurthala district, and in the northwest it borders Gurdaspur district. Demographics As per provisional data of 2011 census, Hoshiarpur City had a population of 1,68,843 out ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thapar Group
The Thapar Group is an Indian conglomerate founded by Karam Chand Thapar. The following companies are or have been a part of the group: Greaves Cotton, The Pioneer, Sohna Stud Farm Pvt Limited, TT & G Trading Pvt Limited, Built Middle East Pvt Limited, Himalayan Hideaways Pvt Limited, Karam Chand Thapar & Bros Limited, Lavasa Corporation Limited and KCT Papers Limited. Divisions Inder Mohan Thapar's son Vikram Thapar and grandson Varun Thapar look after the KCT group which includes KCT Coal Sales (KCT Bros), the Calcutta-based coal trading business. Vikram M. Thapar started Waterbase Ltd in the 90s with primary business of aquaculture including prawn farms for exports. After Lalit Mohan Thapar's death in 2007, his nephew Gautam Thapar (son of Brij Mohan Thapar and grandson of Karam Chand Thapar) formed Avantha Group and took the reins of BILT, which is the flagship company of the group. Gautam's brother Karan took over the holding company Karun Carpets Private Limited whic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karam Chand Thapar
Karam Chand Thapar (1900–1962) was the founder of the Thapar Group of companies. He was originally from Punjab. He started his career in 1920 as a coal trader in Calcutta, and built up the family fortune through Karam Chand Thapar and Bros. He then started JCT Limited which is into textiles as well as molasses and alcohol. He also took over the Oriental Bank of Commerce, and ventured into paper manufacturing with the Ballarpur Industries Limited. In 1956, he started Thapar Institute of Engineering and Technology which was given the status of Deemed University in 1985 and renamed as Thapar University. Biography Thapar established Karam Chand Thapar & Bros. Ltd. - the parent company of Karam Chand Thapar & Bros. (Coal Sales) Ltd. (KCT). Having gained some experience of the coal industry in his youth, Thapar set out to establish his own coal trading business based out of the Jharia coalfields in 1919. Soon thereafter, he realized that the epicenter of the coal business was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amritsar
Amritsar (), historically also known as Rāmdāspur and colloquially as ''Ambarsar'', is the second largest city in the Indian state of Punjab, after Ludhiana. It is a major cultural, transportation and economic centre, located in the Majha region of Punjab. The city is the administrative headquarters of the Amritsar district. According to the United Nations, as of 2018, Amritsar is the second-most populous city in Punjab and the most populous metropolitan region in the state with a population of roughly 2 million. Amritsar is the centre of the Amritsar Metropolitan Region. According to the 2011 census, the population of Amritsar was 1,989,961. It is one of the ten Municipal Corporations in the state, and Karamjit Singh Rintu is the current Mayor of the city. The city is situated north-west of Chandigarh, 455 km (283 miles) north-west of New Delhi, and 47 km (29.2 miles) north-east of Lahore, Pakistan, with the Indo-Pak Border (Attari-Wagah) being only away. Am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Partition Of India
The Partition of British India in 1947 was the Partition (politics), change of political borders and the division of other assets that accompanied the dissolution of the British Raj in South Asia and the creation of two independent dominions: Dominion of India, India and Dominion of Pakistan, Pakistan. The Dominion of India is today the India, Republic of India, and the Dominion of Pakistan—which at the time comprised two regions lying on either side of India—is now the Pakistan, Islamic Republic of Pakistan and the Bangladesh, People's Republic of Bangladesh. The partition was outlined in the Indian Independence Act 1947. The change of political borders notably included the division of two provinces of British India, Bengal Presidency, Bengal and Punjab Province (British India), Punjab. The majority Muslim districts in these provinces were awarded to Pakistan and the majority non-Muslim to India. The other assets that were divided included the British Indian Army, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
