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Osian Art Fund
Osian's-Connoisseurs of Art Private Limited was a fund started in Mumbai in 2007 by Neville Tuli. It was closed down in 2010 upon orders from the Securities and Exchange Board of India, SEBIname="forbes"> Founding Osian's art fund was India's first arts based fund. It was established in 2007 in Mumbai by Neville Tuli, an Indian who had reportedly spent eight years gambling in the UK (mostly on horses at Ladbrokes)and had returned to India in the early 2000s. The fund consisted of numerous schemes, which allowed people to invest a minimum of Rs 10 lakh and in multiples of Rs 5 lakh thereafter, promising annual returns of 10 percent. The fund in turn invested in art by Indian painters. The fund was not registered with SEBI. A similar fund floated by another company called "Yatra Art fund" also used a similar modus operandi. It too was finally closed down by SEBI in 2015. Modus Operandi The fund invested funds in art, including paintings, and had a functioning art auction house. As pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fund Accounting
Fund accounting is an accounting system for recording resources whose use has been limited by the donor, grant authority, governing agency, or other individuals or organisations or by law.Leon E. Hay (1980). ''Accounting for Governmental and Nonprofit Entities, Sixth edition'', page 5. Richard D. Irwin, Inc., Homewood, IL. It emphasizes accountability rather than profitability, and is used by Nonprofit organizations and by governments. In this method, a ''fund'' consists of a self-balancing set of accounts and each are reported as either unrestricted, temporarily restricted or permanently restricted based on the provider-imposed restrictions. The label ''fund accounting'' has also been applied to investment accounting, portfolio accounting or securities accounting – all synonyms describing the process of accounting for a portfolio of investments such as securities, commodities and/or real estate held in an investment fund such as a mutual fund or hedge fund. Investment acc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank
Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York. The bank has 2,649 branches in 19 countries, including 723 branches in the United States and 1,494 branches in Mexico operated by its subsidiary Banamex. The U.S. branches are concentrated in six metropolitan areas: New York, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. It was founded as City Bank of New York and became National City Bank of New York. It has had an important role in war bonds. It has had a role in international events including the U.S. invasion of Haiti. History Early history The City Bank of New York was founded on June 16, 1812. The first president of the City Bank was the statesman and retired Colonel, Samuel Osgood. After Osgood's death in August 1813, William Few beca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jaithirth Rao
Jaithirth "Jerry" Rao is an Indian businessman and entrepreneur. He is the founder and former CEO of the software company Mphasis. He is the founder of Value and Budget Housing Corporation (VBHC) (now known as VBHC Value Homes Pvt. Ltd.), an affordable housing venture which he founded in 2008Official website. He was also a founder and director of Home First Finance Company, a Housing Finance company focused on providing housing finance to first time home buyers. He was also a member of the editorial advisory board of the '' Swarajya'' magazine. In 1998, Rao started Mphasis Corporation, a software company based in California, which subsequently merged with BFL Software in 2000. MphasiS rapidly rose to be one of the top 10 IT/BPO companies in India. In 2008, EDS acquired a majority stake in MphasiS. Mr. Rao stayed on as non-executive chairman of MphasiS and for some time as advisor to EDS. Rao held several positions in Citibank prior to his founding MphasiS in 1998. In a banking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tarla Dalal
Tarla Dalal (3 June 1936 – 6 November 2013) was an Indian food writer, chef, cookbook author and host of cooking shows. Her first cook book, ''The Pleasures of Vegetarian Cooking'', was published in 1974. Since then, she wrote over 100 books and sold more than 10million copies. She also ran the largest Indian food web site, and published a bi-monthly magazine, ''Cooking & More''. Her cooking shows included ''The Tarla Dalal Show'' and ''Cook It Up With Tarla Dalal''. Her recipes were published in about 25 magazines and tried in an estimated 120million Indian homes. Though she wrote about many cuisines and healthy cooking, she specialized in Indian cuisine, particularly Gujarati cuisine. She was awarded the Padma Shri by Government of India in 2007, which made her the only Indian from the field of cooking to have been conferred the title. She was also awarded ''Women of the Year'' by Indian Merchants' Chamber in 2005. She died on 6 November 2013 following a heart attack.Mid-D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gates Foundation
The Bill & Melinda Gates Foundation (BMGF), a merging of the William H. Gates Foundation and the Gates Learning Foundation, is an American private foundation founded by Bill Gates and Melinda French Gates. Based in Seattle, Washington, it was launched in 2000 and is reported as of 2020 to be the second largest charitable foundation in the world, holding $49.8 billion in assets. On his 43rd birthday, Bill Gates gave the foundation $1 billion. The primary stated goals of the foundation are to enhance healthcare and reduce extreme poverty across the world, and to expand educational opportunities and access to information technology in the U.S. Key individuals of the foundation include Bill Gates, Melinda French Gates, Warren Buffett, chief executive officer Mark Suzman, and Michael Larson. The BMGF had an endowment of approximately $50 billion . The scale of the foundation and the way it seeks to apply business techniques to giving makes it one of the leaders in venture philanthr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ashok Alexander
Ashok Alexander is the Founder-Director of The Antara Foundation, a non-profit focused on public health. Prior to establishing Antara Foundation in 2013, Ashok headed the India operations of the Bill & Melinda Gates Foundation. He led the creation and expansion of the Foundation’s India office from its inception in 2003 until 2012. There, he created Avahan, India’s national AIDS program, which rapidly became the world’s largest ever private HIV prevention program. Before the Gates Foundation, Ashok spent 17 years at McKinsey & Company, and left as Director of the firm's Delhi office. He joined McKinsey in 1986 in New York and was part of a small group that moved to India to establish its highly successful India practice. Ashok is a graduate of St. Stephen’s College, Delhi, a post-graduate from the Delhi School of Economics, and has an MBA from the Indian Institute of Management Ahmedabad. Married and has two sons, his passions are painting in oils and charcoal, and ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roshni Nadar
Roshni Nadar Malhotra (born 1980/81) is an Indian billionaire businesswoman and the chairperson of HCL Technologies and the first woman to lead a listed IT company in India. She is the only child of HCL founder and billionaire industrialist Shiv Nadar. In 2019, she is ranked 54th on the Forbes World's 100 Most Powerful Women list. According to IIFL Wealth Hurun India Rich List (2019), Roshni is the richest woman in India. In 2020, she is ranked 55th on the Forbes World's 100 Most Powerful Women. She is also the CEO of HCL Corporation, the holding company of all HCL Group entities. Early life Roshni Nadar grew up in Delhi, studied in Vasant Valley School and graduated from Northwestern University majoring in Communication with a focus on Radio/TV/Film. She earned an MBA from the Kellogg School of Management. Career She worked in various companies as a producer before joining HCL. Within a year of her joining HCL, she was elevated as executive director and CEO of HCL Corp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HCL Corporation
HCLTech (formerly Hindustan Computers Limited or HCL Technologies) is an Indian multinational information technology (IT) services and consulting company headquartered in Noida.It emerged as an independent company in 1991 when HCL entered into the software services business. The company has offices in 52 countries and over 210,966 employees. HCLTech is on the Forbes Global 2000 list. It is among the top 20 largest publicly traded companies in India with a market capitalisation of (Rs. Cr.) 279,209 as of March 2022. History HCL Enterprise HCL Enterprise was founded in 1976. The first three subsidiaries of parent HCL Enterprise were: * HCLTech – originally HCL's R&D division. It emerged as a subsidiary in 1991 * HCL Infosystems * HCL Healthcare The company originally was focused on hardware but, via HCLTech , software and services is a main focus. Revenues for 2007 were US$4.9 billion. Revenues for 2017 were US$6.5 billion, and HCL employed over 105,000 professional ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apeejay Surrendra Group
The Apeejay Surrendra Group is an Indian business conglomerate that was founded in 1910 in Jalandhar by Lala Pyare Lal. In 1951 the headquarters relocated to Kolkata. Surrendra Paul was chairman from 1982 until his murder in 1989. Most of the current senior executives are members of his family. The companies in the Apeejay Surrendra Group collectively employ 43,000 people. The businesses are tea plantations, fast-moving consumer goods, tea brands, shipping, boutique hotels, commercial real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ..., warehousing, business centres, retail brands, bookstores, tea rooms, marine cluster, logistics parks and knowledge parks. References {{DEFAULTSORT:Apeejay Surrendra Group Companies based in Kolkata Tea companies of India Conglo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Priya Paul
Priya Paul (born 1967) is an Indian businesswoman, the chairperson of Apeejay Surrendra Park Hotels, a subsidiary of the Apeejay Surrendra Group, which operates The Park Hotels chain of hotels. Career She joined the company after finishing her studies at the Wellesley College (US) working under her father, as a marketing manager at The Park New Delhi, at the age of 21. After the death of Surrendra Paul she succeeded him in 1990 as the chairperson of the hospitality division of the Apeejay Surendra Group. Family business Priya Paul belonged to a family of business which was involved in steel trading, manufacturing and production, which was later moved in to the shipping business. Her father Surrendra Paul had later expanded its portfolio into businesses in hospitality, tea, real estate, finance, logistics etc. Currently, the business is run by her brother, sister and herself. Awards *The Federation of Hotels and Restaurants Association of India conferred on her ''Young Entre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kumar Mangalam Birla
Kumar Mangalam Birla (born 14 June 1967) is an Indian billionaire industrialist, philanthropist, Chartered Accountant and the chairman of the Aditya Birla Group, one of the largest global conglomerates in India. He is also the chancellor of the Birla Institute of Technology & Science, Pilani and Chairman of Indian Institute of Management Ahmedabad. According to Forbes, he has an estimated net worth of US$14 billion, as of 1 October 2022. Birla took over as chairman of the Aditya Birla Group in 1995, at the age of 28, following the death of his father Aditya Vikram Birla. During his tenure as chairman, the group's annual turnover has increased from US$2 Billion in 1995 to US$45 billion in 2021. Today, the group is present in 36 countries across six continents with over 50% of its revenues coming from overseas operations. Early life and education A fourth generation member of the Birla Family from Rajasthan, Kumar Birla was born in Kolkata and grew up in a joint family in Mumb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
