Tamilnad Mercantile Bank
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Tamilnad Mercantile Bank
Tamilnad Mercantile Bank Limited (TMB) is a bank headquartered at Thoothukudi, Tamil Nadu, India. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. For the financial year 2018–2019, the bank reported a net profit of 2585 million."Financial Highlights"
. Tmb.in
The bank currently has 509 full branches throughout India, 12 Regional offices and two link offices, two central processing centres, one Service Branch, four Currency Chests, 48 eLobby centres, 262 Cash Recycler Machines (Cash deposit machine) and 1151 Automated Teller Machines (ATM). The bank has been expanding its footprint all over India. ...
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TMB SVG Logo
TMB may refer to: Organizations *Tamilnad Mercantile Bank Limited, India *Texas Medical Board * Thai Military Bank * Transports Metropolitans de Barcelona, Spain Places *Kendall-Tamiami Executive Airport near Miami, Florida, US, IATA code *Tsing Ma Bridge, a longest span suspension bridge in Hong Kong Events * Tour du Mont Blanc, a walk Science and technology * Trimethylborane * Tumor mutational burden * 3,3',5,5'-Tetramethylbenzidine, a chemical stain. * TMB and TMSB series mines Arts * The Spirit of Troy, the University of Southern California Trojan Marching Band * The Midnight Beast The Midnight Beast, sometimes abbreviated as TMB, is a British comedy/parody music group from London. They are most famous for their YouTube cover-parody of the 2009 single " TiK ToK" by American pop artist Ke$ha. The group currently has three ...
, a British comedy music group {{disambiguation ...
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Nadar Mahajana Sangam
Nadar Mahajana Sangam was first established, due to the efforts of T. Ratnasamy Nadar, in 1910. There are several schools and colleges under the control of Nadar Mahajana Sangam. Rattinasami Nadar's uncle, V. Ponnusami Nadar, was elected to become the first president of the association, Nadar Mahajana Sangam. The association was open to any Nadar male of any subcaste or religion. The general purpose of the association was to uplift the entire Nadar community. Formation of Nadar Bank The thought of establishing a bank under the guidance of the able Nadar business community was mooted out in the Anniversary of Nadar Mahajana Sangam held at Tuticorin in 1920. The proposal was effected soon. The bank was opened by Shri. T. V. Balagurusamy Nadar, the then President of Nadar Mahajana Sangam and the bank threw open its door to the public on November 11, 1921 at 9 a.m. in Ana Mavanna Building at South Raja Street, Tuticorin. Politics In the 1920s and 1930s, Nadar Mahajana Sangam sup ...
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PayU
PayU is a Netherlands-based payment service provider to online merchants. The company was founded in 2002, and is headquartered in Hoofddorp. It allows online businesses to accept and process payments through payment methods that can be integrated with web and mobile applications. As of 2018, the service is available in 17 countries. The firm is owned by the Naspers Group, which also owns a stake in one of its sister companies, Tencent. History PayU is the result of multiple payment gateways in various regions of the world that have been acquired and brought into the PayU group. In 2014, all online payments companies that were part of Naspers started operating under the PayU brand. Investment and acquisitions * Acquired Zooz, an Israeli startup that provides an API to merchants. *Acquired of Indian payments services provider Citrus Pay in September 2016 for $130M. *Investment of €110M in German fintech company Kreditech, which provides machine-learning based underwriting. *P ...
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BillDesk
BillDesk is an Indian online payment gateway company based in Mumbai. The company provides an online payment platform for its clients which enables banking and merchant website transactions. History BillDesk was founded by Indian entrepreneurs M.N. Srinivasu, Ajay Kaushal and Karthik Ganapathy in 2000. The three previously worked at American accounting firm Arthur Andersen LLP. In 2017, BillDesk launched the first Indian cryptocurrency exchange called Coinome. Fundraising In 2001, BillDesk received its first investment from SIDBI Venture Capital Ltd and Bank of Baroda. In 2006, Clearstone Venture Partners and State Bank of India jointly invested $7.5 million in the company. In 2012, US-based PE firm TA Associates made an undisclosed investment in BillDesk. In 2015, BillDesk received an investment of US$200 million from General Atlantic and Temasek Holdings thereby giving the company a total valuation of USD 1 billion dollars. General Atlantic remains the largest shareh ...
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Infosys
Infosys Limited is an Indian Multinational corporation, multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore. Infosys is the second-largest Indian IT company, after Tata Consultancy Services, by 2020 revenue figures, and the 602nd largest public company in the world, according to the Forbes Global 2000 ranking. On 24 August 2021, Infosys became the fourth Indian company to reach $100 billion in market capitalization. History Infosys was founded by seven engineers in Pune, Maharashtra, India. Its initial capital was $250. It was registered as Infosys Consultants Private Limited on 2 July 1981. In 1983, it relocated to Bangalore, Karnataka. The company changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited when it became a public limited company in June 1992. It was renamed Infosys Limit ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Securities And Exchange Board Of India
The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the ownership of Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive body and was given statutory powers on 30 January 1992 through the SEBI Act, 1992. History Securities and Exchange Board of India (SEBI) was first established in 1988 as a non-statutory body for regulating the securities market. It became an autonomous body on 30 January 1992 and was accorded statutory powers with the passing of the SEBI Act 1992 by the Indian Parliament. SEBI has its headquarters at the business district of Bandra Kurla Complex in Mumbai and has Northern, Eastern, Southern and Western Regional Offices in New Delhi, Kolkata, Chennai, and Ahmedabad respectively. It has opened local offices at Jaipur and Bangalore and has also opened offices at Guwahati, Bhubaneshwar, Patna, Kochi and Chandigarh in Financial Year 2013 ...
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Red Herring Prospectus
A red herring prospectus, as a first or preliminary prospectus, is a document submitted by a company (issuer) as part of a public offering of securities (either stocks or bonds). Most frequently associated with an initial public offering (IPO), this document, like the previously submitted Form S-1 registration statement, must be filed with the Securities and Exchange Commission (SEC). A red herring prospectus is issued to potential investors, but does not have complete particulars on the price of the securities offered and quantum of securities to be issued. The front page of the prospectus displays a bold red disclaimer stating that information in the prospectus is not complete and may be changed, and that the securities may not be sold until the registration statement, filed with the market regulator, is effective. Potential investors may not place buy orders for the security, based solely on the information contained within the preliminary prospectus. Those investors may, howeve ...
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Bengaluru
Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most populous urban agglomeration in India, as well as the largest city in South India, and the 27th largest city in the world. Located on the Deccan Plateau, at a height of over above sea level, Bangalore has a pleasant climate throughout the year, with its parks and green spaces earning it the reputation as the "Garden City" of India. Its elevation is the highest among the major cities of India. An aerospace, heavy engineering and electronics hub since the 1960s, Bangalore is widely regarded as the "Silicon Valley of India" because of its role as the nation's leading information technology (IT) exporter.——— In the Ease of Living Index 2020 (published by the Ministry of Housing and Urban Affairs), it was ranked the most livable Indian ...
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Virudhunagar
Virudhunagar is a city and the administrative headquarter of the Virudhunagar district in the Indian state of Tamil Nadu. It is located southwest of the state capital Chennai and south of Madurai. Virudhunagar emerged as an important trade centre during the British rule. Located to the east of Kowsika River, Virudhunagar has an average elevation of above sea level and is largely flat with no major geological formations. The town has a humid climate and receives rainfall annually. It has been ruled at various times by Later Pandyas, Vijayanagar Empire, Madurai Nayaks, Chanda Sahib, Carnatic kingdom and the British. It was formerly known as Virudhupatti. Virudhunagar is administered by a municipality covering an area of . In 2011, the city had a population of 72,296. As the administrative headquarters of the district, the town's economy is based on the service sector, which employs 93% of the total workforce. The remaining 7% is employed in agriculture, mining, quarrying, ...
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Sivakasi
Sivakasi () is a city and Municipal Corporation in Virudhunagar District in the Indian state of Tamil Nadu. This city is known for its fireworks, firecracker, matchbox and printing industries. Sivakasi city alone meets about 90% fire cracker requirements of India. Only after Gutenberg in Germany, Sivakasi has more number of printing presses in the world. Due to its rapid industrial growth, this city is also called as ''Little Japan of India''. The industries in Sivakasi employ over 2,50,000 people with an estimated turn over of . Sivakasi was established in the 15th century during the reign of the Pandya king Harikesari Parakkirama Pandian. The town was a part of Madurai empire and had been ruled at various times by the Pandyas, Later Pandyas, Vijayanagara Empire, Madurai Nayaks, Chanda Sahib, Nawab of the Carnatic, Carnatic kingdom and the British Raj, British. A Sivakasi riots of 1899, major riot during the British Raj took place in 1899. Sivakasi has dry weather, making it ...
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Madurai
Madurai ( , also , ) is a major city in the Indian state of Tamil Nadu. It is the cultural capital of Tamil Nadu and the administrative headquarters of Madurai District. As of the 2011 census, it was the third largest Urban agglomeration in Tamil Nadu after Chennai and Coimbatore and the 44th most populated city in India. Located on the banks of River Vaigai, Madurai has been a major settlement for two millennia and has a documented history of more than 2500 years. It is often referred to as "Thoonga Nagaram", meaning "the city that never sleeps". Madurai is closely associated with the Tamil language. The third Tamil Sangam, a major congregation of Tamil scholars said to have been held in the city. The recorded history of the city goes back to the 3rd century BCE, being mentioned by Megasthenes, the Greek ambassador to the Maurya empire, and Kautilya, a minister of the Mauryan emperor Chandragupta Maurya. Signs of human settlements and Roman trade links dating back to 3 ...
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