|
RPG Group
The Rama Prasad Goenka Group, commonly known as RPG Group, is an Indian industrial and services conglomerate headquartered in Mumbai, Maharashtra. The roots of the RPG Group can be traced back to the enterprise of Ramdutt Goenka in 1820. RPG Enterprises was established in 1979 by Rama Prasad Goenka and initially comprised the Phillips Carbon Black, Asian Cables, Agarpara Jute, and Murphy India companies. R. P. Goenka held the title of Chairman Emeritus until his death in 2013. The present chairman is Harsh Goenka, the elder son of R. P. Goenka. Presently, the RPG Group comprises over fifteen companies in the areas of infrastructure, tyres, technology, and speciality. Some of the companies it holds are CEAT Tyres, information technology firm Zensar Technologies, infrastructure company KEC International, pharmaceutical company RPG Life Sciences, a 50/50 joint-venture with TE Connectivity for Raychem RPG, plantation company Harrisons Malayalam, and a one-stop shop for senior adu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nashik
Nashik (, Marathi: aːʃik, also called as Nasik ) is a city in the northern region of the Indian state of Maharashtra. Situated on the banks of river Godavari, Nashik is the third largest city in Maharashtra, after Mumbai and Pune. Nashik is well known for being one of the Hindu pilgrimage sites of the Kumbh Mela, which is held every 12 years. Nashik is located about 190 km north of state capital Mumbai. The city is called the "Wine Capital of India" as more than half of India's vineyards and wineries are located here. Around 90% of all Indian wine comes from the Nashik Valley. Nashik is one of the fastest-growing cities in India. It has been a major industrial center in automobile hub. The city houses companies like Exxelia, Atlas Copco, Robert Bosch GmbH, CEAT Limited, Crompton Greaves, Graphite India, ThyssenKrupp, Epcos, Everest Industries, Gabriel India, GlaxoSmithKline, Hindustan Coca-Cola, Hindustan Unilever Limited, Jindal Polyster, Jyoti Structures, Kirl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ambarnath
Ambernath (Marathi pronunciation: mbəɾnaːt̪ʰ is an eastern suburban city in Mumbai and is a part of the Mumbai Metropolitan Region. Notable people * Merwyn Fernandes, former Indian hockey player *Farukh Choudhary, Indian footballer * Puranik Yogendra, politician. *Kay Kay Menon Krishna Kumar Menon (born 2 October 1966), better known by the stage name Kay Kay Menon, is an Indian actor who works predominantly in Hindi cinema, and also in Gujarati, Tamil, Marathi and Telugu cinema. Early life Menon was born in a Nair f ..., actor. References {{Mumbai metropolitan area Cities and towns in Thane district Talukas in Maharashtra Cities in Maharashtra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bhandup
Bhandup (Pronunciation: ʱaːɳɖup is a suburban locality in Mumbai, in the state of Maharashtra, India. The name ''Bhandup'' is derived from ''Bhandupeshwar'', one of the names of the Hindu god Shiva. An old temple dedicated to Lord Shiva, the Bhandupeshwar Mahadev Mandir, is located in Bhandup (west) near Moti Bai Wadi IDUBS high school. Sonapur signal is north lead line on L.B.S. Marg and south is dockyard colony. Bhandup railway station is on the Central line of the Mumbai Suburban Railway network. A few fast trains stop at Bhandup station, mostly during the peak hours. History Bhandup is one of the oldest suburbs in Mumbai. It is home to Shivaji Talao, or Shivaji Lake, named after the Maratha ruler, Shivaji. Devotees of Ganapati immerse idols of the elephant god Ganesh at the lake during the months of August through September, as well as in Bhandupeshwar Kundh in Bhandup Village East near the Eastern Express Highway. The earliest records of Bhandup come from 1803, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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: * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Rupee
The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use whereas 2000 rupees is the highest. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Etymology The immediate precursor of the rupee is the ''rūpiya''—the silver coin weighing 178 grains minted in northern India by first Sher Shah Suri during his brief rule between 1540 and 1545 and adopted and standardized later by the Mughal Empire. The weight remained unchanged well beyond the end of the Mughals until the 20th century. Though Pāṇini mentions (), it is unclear whether he was referring to coinage. ''Arthashastra'', written by Chanakya, prime minister to the first Maurya ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead (business), overhead, wages, costs, and Profit (accounting), markup. Traditionally, professionals in the United Kingdom (and previously the Repu .... This definition is based on International Accounting Standard, IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profit (accounting), Profits or net income generally imply total revenue minus total expenses in a given period. In accountancy, accounting, in the balance statement, revenue is a subsection of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seniority (company)
Seniority is a Pune (India) based retail company. Founded by Ayush Agrawal , and Tapan Mishra, Seniority provides health and lifestyle products for senior citizens in India. Investment and Revenue The company raised an early-stage investment of USD 1 million in 2017 from RPG Ventures, the venture capital arm of the RPG Group. The same group has invested USD 6 million in Seniority till 2019. The company offers mobility aids, wellness products and lifestyle or leisure products In 2017, the company reported a revenue of INR 1 crore per month. The company reported 500 percent growth in 2018. Partnerships and stores * Seniority has partnered with Ezymov, a wheelchair taxi and ambulance service in Mumbai. * Store partnership aReLiva Physiotherapy and Rehab* Store Partnership at Veteran CovaiCare, Coimbatore * Store Partnership with Ashiana Housing * DISC – Design Innovations for Senior Care in partnership with Indian School of Design and Innovation * Offline Store in Pune * O ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TE Connectivity
TE Connectivity is an American Swiss-domiciled technology company that designs and manufactures connectors and sensors for several industries, such as automotive, industrial equipment, data communication systems, aerospace, defense, medical, oil and gas, consumer electronics and energy. TE Connectivity has a global workforce of 89,000 employees, including more than 8,000 engineers. The company serves customers in approximately 140 countries. History In 1941, Aircraft and Marine Products (AMP) was founded with solderless electrical connections for quick and removable wire connection used for aircraft and ships. After the war time boom the company had to adapt to post war economy and in 1956 the name was changed to AMP Incorporated when it incorporated. In 1999, Tyco International acquired American electronics connector manufacturer AMP Incorporated. In September 2002 the CEO ( L. Dennis Kozlowski) and CFO (Mark H. Swartz) of Tyco International Ltd. were indicted on charges i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
