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RPG Group
The Rama Prasad Goenka Group, commonly known as RPG Group, is an Indian industrial and services conglomerate headquartered in Mumbai. 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, R. P. Goenka's eldest son. The RPG Group currently consists of more than fifteen companies, mainly infrastructure, tires, and life sciences. 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 e-commerce company Seniority. Group companies T ...
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Conglomerate (company)
A conglomerate () is a type of multi-industry company that consists of several different and unrelated List of legal entity types by country, business entities that operate in various industries. A conglomerate usually has a Holding company, parent company that owns and controls many Subsidiary, subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and Multinational corporation, multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, Corporate spin-off, spin-offs, or joint ventures. Conglomerates are common in many countries and sectors, such as Media (communication), media, Finance, banking, Energy industry, energy, mining, manufacturing, retail, Arms industry, defense, and transportation. This type of organization aims to achieve economies of scale, market power, Risk management, ris ...
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Halol
Halol is a city and a municipality (tehsil) in Panchmahal district in the Indian state of Gujarat. Located in western India, it has an average elevation of 499 metres (1637 feet). Halol is a major manufacturing hub of Western India, home to manufacturing facilities of numerous domestic and multinational companies like MG Motor India, Siemens Gamesa, JCB India, Hero Motocorp, Sun Pharma, TOTO India, CEAT Tyres, LM Wind Power, Polycab India, etc. Demography India census, Halol city had a population of 61000. Males constituted 53% of the population and females 47%. Halol had an average literacy rate of 72%, higher than the national average of 59.5%: male literacy was 76%, and female literacy was 66%. In Halol, 14% of the population was under 6 years of age. Geography Situated at Latitude = 22° 30′ 0″ N (22.5) and Longitude = 73° 28′ 0″ E (73.46667) There is a large body of water that was built in 1938 to provide the city with a dependable water supply. Ha ...
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Nashik
Nashik, formerly Nasik, is a city in the northern region of the Indian state of Maharashtra situated on the banks of the river Godavari, about northeast of the state capital Mumbai. Nashik is one of the Hindu pilgrimage sites of the Kumbh Mela, which is held every 12 years. According to the ''Ramayana'', Nashik is the location on the banks of the Godavari River where Lakshmana cut the nose of the demoness Shurpanakha. It is also called Panchavati. It was known as "Gulshanabad" during the Mughal period. History Mythology Nashik was known as "Padmanagar" during the Satya Yuga, "Trikantak" during the Treta Yuga, "Janasthana" during the Dvapara Yuga, and finally "Navashikh" or "Nashik" during the Kali Yuga, according to Hindu traditions. Nashik is significant in history, social life, and culture. The city is located on the banks of the Godavari River, making it a sacred site for Hindus around the world. During his 14-year exile from Ayodhya, Rama, the king of Ayod ...
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Ambarnath
Ambernath (Marathi pronunciation: �mbəɾnaːt̪ʰ is an eastern suburban city in Thane district of Maharashtra and is a part of the Mumbai Metropolitan Region. Demographics In 2011, Ambarnath had a population of 253,475, with 132,582 Males and 120,893 Females. Its population grew by 24.4% from 2001, when it had a population of 203,804. It is overwhelmingly Hindu, with about eighty percent of the population being Hindu. 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), known professionally as Kay Kay Menon, is an Indian actor who works predominantly in Hindi cinema, and occasionally in Gujarati, Tamil, Marathi and Telugu films. He is best known for his roles in fil ..., Actor References {{Mumbai metropolitan area Cities and towns in Thane district Talukas in Maharashtra Cities in Maharashtra ...
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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, ...
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Fiscal Year
A fiscal year (also known as a 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 with the reporting period not aligning 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 ye ...
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Crore
Crore (; abbreviated cr) denotes the quantity ten million (107) and is equal to 100 lakh in the Indian numbering system. In many international contexts, the decimal quantity is formatted as 10,000,000, but when used in the context of the Indian numbering system, the quantity is usually formatted 1,00,00,000. Crore is widely used both in official and other contexts in Bangladesh, Bhutan, India, Myanmar, Nepal, and Pakistan. Etymology The word ''crore'' derives from the Prakrit word , which in turn comes from the Sanskrit (), denoting ten million in the Indian number system, which has separate terms for most powers of ten from 100 up to 1019. The ''crore'' is known by various regional names. Money Large amounts of money in India, Bangladesh, Nepal, and Pakistan are often written in terms of ''crore''. For example 150,000,000 (one hundred and fifty million) rupees is written as "fifteen ''crore'' rupee Rupee (, ) is the common name for the currency, currencies of India ...
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Indian Rupee
The Indian rupee (symbol: ₹; code: INR) is the official currency of India. The rupee is subdivided into 100 '' paise'' (Hindi plural; singular: ''paisa''). The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank derives this role from powers vested to it by the Reserve Bank of India Act, 1934. Etymology Pāṇini (6th to 4th century BCE), the ancient Indian grammarian and logician, writes of the (). While it is unclear whether Panini was referring specifically to coinage, some scholars conclude that he uses the term ''rūpa'' to mean a piece of precious metal (typically silver) used as a coin, and a ''rūpya'' to mean a stamped piece of metal, a coin in the modern sense. The ''Arthashastra'', written by Chanakya, prime minister to the first Maurya emperor Chandragupta Maurya (), mentions silver coins as . Other types of coins, including gold coins (), copper coins (), and lead coins (), are also mentioned. The immediate precursor to t ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of product (business), goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some company, companies receive revenue from interest, royalties, or other fees. 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, revenue is a subsection of the equity section of the balance statement, since it increases equity. It is often referred to as the "top line" due to its position at the very top of the income statement. This is to be contrasted with the "bottom line" which denotes net income (gross reve ...
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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 US$1 million in 2017 from RPG Ventures, the venture capital arm of the RPG Group. The same group has invested US$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 at ReLiva 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 ...
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TE Connectivity
TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, 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 to make solderless electrical connections for quick and removable wire connections used for aircraft and ships. After the war time boom, the company had to adapt to the post-war economy, and in 1956, the name of the company was changed to AMP Incorporated when it re-incorporated. In 1999, Tyco International acquired AMP Incorporated. In September 2002, the CEO ( L. Dennis Kozlowski) and CFO (Mark H. Swartz) of Tyco International Ltd. were indicted on charges including fraud, racketeering, stock manipulation, and more, amounting ...
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