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Rakesh Jhunjhunwala
Rakesh Jhunjhunwala (5 July 1960 – 14 August 2022) was an Indian billionaire business magnate, Chartered Accountant, stock trader, and investor. He began investing in 1985 with a capital of 5,000, with his first major profit in 1986. At the time of his death he had an estimated net worth of $5.8 billion, making him the 438th richest person in the world. He was a partner in his own asset management firm, Rare Enterprises. Besides being an active investor, he served as chairperson and director for several companies. He was also a founder of Akasa Air. He was investigated for insider trading and settled with the Securities and Exchange Board of India (SEBI) in 2021. Jhunjhunwala was often referred to as "India's Warren Buffett" or the "Big Bull of India", and was widely known for his stock market predictions and bullish outlooks. Early life and education Jhunjhunwala was born on 5 July 1960 and grew up in a Rajasthani Marwari family, in Mumbai. His father Radheshyam Jhunjhun ...
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Mumbai, Maharashtra
Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the List of cities in India by population, second-most populous city in India after Delhi and the List of largest cities, eighth-most populous city in the world with a population of roughly 20 million (2 crore). As per the Indian government population census of 2011, Mumbai was the list of cities in India by population, most populous city in India with an estimated city proper population of 12.5 million (1.25 crore) living under the Municipal Corporation of Greater Mumbai, Brihanmumbai Municipal Corporation. Mumbai is the centre of the Mumbai Metropolitan Region, the sixth most populous metropolitan area in the world with a population of over 23 million ...
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Jhunjhunu
Jhunjhunu is a city and capital of Jhunjhunu district in the state of Rajasthan. This city is in the northern state of Rajasthan, India and the administrative headquarters of Jhunjhunu District. History Jhunjhunu is a very old and historical district, which was founded by Jat chiefs and was later ruled by Chauhans. Mohammed Khan defeated Chauhans and conquered Jhunjhunu. It was taken back by the great Jhunjhar singh nehra and Shardul Singh Ji Shekhawat (descendant of Maharao Shekhaji) in 1730. Demographics In the 2011 India census, the town of Jhunjhunu had a population of 118,473 and a literacy rate of 73.58%. Transport Rail comes within the territory of the North Western Railway. Jhunjhunu city is connected through a broadgauge line to Sikar, Rewari, and Delhi. Railway Minister Suresh Prabhu flagged off two trains to mark the completion of Rs. 260 crore gauge conversion of the 122 km Loharu-Sikar railway line in Rajasthan. Both trains were flagged off by Prabhu t ...
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Concord Biotech
Concord Biotech Limited (CBL) is an Indian biotechnology company headquartered in Ahmedabad. The company manufactures fermentation based biopharmaceutical active pharmaceutical ingredients (APIs) sold worldwide. Concord was founded in 2000 by Sudhir Vaid. From a single product company in 2000s, Concord today manufactures over 30 products across niche therapy segments such as immunosuppressant, oncology, antifungal and antibacterial. Concord Biotech is the first company in India and the second in the world to develop an anti-immuno suppressant tacrolimus. Its manufacturing facility in Ahmedabad is approved by global regulatory bodies including Food and Drug Administration (US) and Good manufacturing practice (EU). Quadria Capital acquired a 20% stake in Concord Biotech in 2016. Rakesh Jhunjhunwala's Rare Enterprises holds 24% stake in Concord. See also *Dr. Reddy's Laboratories *Wockhardt *Biocon Biocon Limited is an Indian biopharmaceutical company based in Bangalore. I ...
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Provogue
Provogue is an Indian clothing and accessories retailer based in Mumbai, Maharashtra. It was launched in 1997 as a menswear fashion brand for contemporary clothing. Over the years the brand has expanded its collection of men’s and women’s fashion apparel and accessories. Sponsorship Provouge was the apparel sponsor of Indian cricket league. They also became the kit sponsor of Rajasthan Royals Rajasthan Royals (often abbreviated as RR) are a franchise cricket team based in Jaipur, Rajasthan, that plays in the Indian Premier League (IPL). Founded in 2008 as one of the initial eight IPL franchises, the team is based at the Sawai Ma ... in 2015 and the deal was ended in 2017. As of 2010, Hrithik Roshan was the brand ambassador for Provogue. while Mahesh Babu is the brand ambassador for Provogue in South India. Products As of 2014, Provogue stores have men's clothing and women's clothing, each of these being subdivided in Lower Garment, Upper Garment, Shoes and Acces ...
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Praj
Praj Industries Limited is an Indian multinational process and project engineering company, headquartered in Pune, Maharashtra. The company also has offices in South Africa, North America, Latin America, the Caribbean, Thailand and Philippines. Its manufacturing facilities are at 4 locations – in Sanaswadi, near Pune; Kandla, Port in Gujarat and Wada, Thane District. Praj is a recipient of the DSIR National Award in 2005 for outstanding In-House R&D Achievements. History Praj was formed in 1983. The company went public in 1994 and is listed on the Bombay Stock Exchange and National Stock Exchange of India. Praj received its first Venture Capital from ICICI Bank in 1987. Today it has investors like venture capitalist Vinod Khosla who has a 10% stake and Marubeni Corporation. Praj Foundation was established in 2005 as the CSR wing which is managed by Parimal Chaudhari. In 2021, the company and Indian Oil Corporation signed a memorandum of understanding to explore opportunities ...
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Geojit Financial Services
Geojit Financial Services Ltd. is an investment services company in India headquartered in Kochi, Kerala. It operates a network of offices across India and the Middle East. Geojit was the first company in India to launch online-trading facilities, develop franchise models of sub-broking, form joint ventures in West Asia and the first to begin commodity futures trading in pepper, cardamom, gold and silver in Bharat. The product offerings of the company include equities and derivatives to mutual funds, life and general insurance, commodities derivatives and portfolio management services. The company has 512 offices across the country. Through joint ventures and associates, the company has expanded its presence globally with offices in Dubai, Abu Dhabi, Sharjah, Al Ain, Muscat, Riyadh, Dammam, Bahrain and Kuwait. Geojit is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). About Geojit was founded by C J George in 1987 and the major stakeholders ...
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Hungama Digital Media Entertainment
Hungama Digital Media is an Indian digital entertainment company, headquartered in Mumbai, India. The company was first launched in 1999 by Ashish Kacholia, Hiren Ved, Lashit Sanghvi, Rakesh Jhunjhunwala, and Neeraj Roy as an online promotions agency. The company has since grown to also serve as an aggregator, developer, publisher, and distributor of Bollywood and Asian entertainment. The company first launched in 1999 as "Hungama.com", a promotional marketing portal. In 2000 the company acquired Indiafm Bollywood Hungama (lit. "Bollywood Madness" in Hindi), previously known as IndiaFM (or IndiaFM.com), is a Bollywood entertainment website, owned by Hungama Digital Media Entertainment, which acquired the website in 2000. The website provides ... and in the following years began to work marketing campaigns for companies such as Coca-Cola and Nike, Inc., Nike. In 2007 Hungama launched their gaming portal and in 2009, the company re-launched their website and company na ...
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Aptech
Aptech Limited is an Indian vocational training services provider headquartered Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- .... Ever since its commencement in 1986 and with a current presence of over 800 centres globally, Aptech Limited has ventured into diverse sectors ranging from IT training, media & entertainment, retail & aviation, beauty & wellness, banking & finance and preschool segment amongst others. Aptech Limited has trained students, professionals, universities, and corporates through its two main streams of business - individual training, and enterprise business group. Notable achievements * Aptech Limited has been recognized as a great place to work (2017 & 2019) * Aptech won the Golden Peacock National Training Award (2019) * Aptech has been apprai ...
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The Financial Express (India)
''The Financial Express'' is an Indian English-language business newspaper owned by The Indian Express Group. It has been published by the Indian Express ''The Indian Express'' is an English-language Indian daily newspaper founded in 1932. It is published in Mumbai by the Indian Express Group. In 1999, eight years after the group's founder Ramnath Goenka's death in 1991, the group was split betw ... group since 1961. The ''Financial Express'' specialises in Indian and international business and financial news. Its editor is Shyamal Majumdar. The paper publishes 11 editions from a number of Indian cities. It also gives out two noteworthy awards - FE India's Best Bank Awards and FE-EVI Green Business Leadership Awards. References External links * ''Financial Express'' ePaper(E-Paper – Digital Replica of the newspaper) ''Financial Express Hindi'' website Business newspapers published in India Indian Express Limited Newspapers published in Kolkata English-langua ...
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Titan Company
Titan Company Limited is an Indian company that mainly manufactures fashion accessories such as jewellery, watches and eyewear. Part of the Tata Group and started as a joint venture with the TIDCO, the company has its corporate headquarters in Electronic City, Bangalore, and registered office in Hosur, Tamil Nadu. Titan company commenced operations in 1984 under the name Titan Watches Limited. In 1994, Titan diversified into jewellery with Tanishq and subsequently into eyewear with Titan Eyeplus. In 2005, it launched its youth fashion accessories brand Fastrack. The company is the largest branded jewellery maker in India, with more than 80% of its total revenues coming from the jewellery segment. As of 2022, Titan has a 6% market share in India's jewellery market. As of 2019, it is also the fifth-largest watch manufacturer in the world. History 1984–1990 Titan Company Limited was inaugurated on 26 July 1984 under the name Titan Watches Limited in Chennai. A plant was set up ...
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Crore
A crore (; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000). It is widely used both in official and other contexts in Afghanistan, Bangladesh, Bhutan, India, Myanmar, Nepal, Pakistan, and Sri Lanka. It is often used in Bangladeshi, Indian, Pakistani, and Sri Lankan English. Money Large amounts of money in Bangladesh, India, Nepal, and Pakistan are often written in terms of ''Koti'' or ''crore''. For example (one hundred and fifty million) is written as "fifteen ''crore'' rupees", "15 crore" or "". In the abbreviated form, usage such as "15 cr" (for "15 ''crore'' rupees") is common. Trillions (in the short scale) of money are often written or spoken of in terms of ''lakh crore''. For example, ''one trillion rupees'' is equivalent to: * ...
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Lakh
A lakh (; abbreviated L; sometimes written lac) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105). In the Indian 2,2,3 convention of digit grouping, it is written as 1,00,000. For example, in India, 150,000 rupees becomes 1.5 ''lakh'' rupees, written as 1,50,000 or INR 1,50,000. It is widely used both in official and other contexts in Afghanistan, Bangladesh, Bhutan, India, Myanmar, Nepal, Pakistan, and Sri Lanka. It is often used in Bangladeshi, Indian, Pakistani, and Sri Lankan English. Usage In Indian English, the word is used both as an attributive and non-attributive noun with either an unmarked or marked ("-s") plural, respectively. For example: "1 ''lakh'' people"; "''lakhs'' of people"; "20 ''lakh'' rupees"; "''lakhs'' of rupees". In the abbreviated form, usage such as "5L" or "5 lac" (for "5 ''lakh'' rupees") is common. In this system of numeration, 100 ''lakh'' is called one '' crore'' and is equa ...
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