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Shyam Sunder Goenka
Shyam Sunder Goenka was an Indian entrepreneur, who founded Bangalore-based Tally Solutions, one of India’s first software product companies. Early life and background He was born on 15 October 1932 in Kolkata in a Marwari family to parents Thakursi Das Goenka and Bhagwani Devi Goenka. Shyam Sunder Goenka graduated in Commerce from West Bengal State University. During the late 60’s, he moved out of Calcutta, to set up his own textile machinery business called Vijay Bobbins and Industries Pvt. Ltd. in Bangalore. Career In the 80’s, while running the textile machinery business, Shyam Sunder Goenka was looking for software to manage his business but was unable to find one which was simple and efficient. This prompted him to inspire his son, Bharat Goenka, to pursue his passion for software and technology to create software that would handle financial accounts for his business. His guidance led to the creation of a software called Peutronics Financial Accountant (PFA). ...
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Indian People
Indians or Indian people are the citizens and nationals of India. In 2022, the population of India stood at over 1.4 billion people, making it the world's second-most populous country, containing 17.7 percent of the global population. In addition to the Indian population, the Indian overseas diaspora also boasts large numbers, particularly in the Arab states of the Persian Gulf and the Western world. While the demonym "Indian" applies to people originating from the present-day Republic of India, it was also formerly used as the identifying term for people originating from Pakistan and Bangladesh during British colonial era until 1947. Particularly in North America, the terms "Asian Indian" and "East Indian" are sometimes used to differentiate Indians from the indigenous peoples of the Americas; although the misidentification of indigenous Americans as Indians occurred during the European colonization of the Americas, the term "Indian" is still used as an identifier ...
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Business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with Sole proprietorship, sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being su ...
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Bangalore
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 ...
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Tally Solutions
Tally Solutions Pvt. Ltd. is an Indian multinational technology company, that provides enterprise resource planning software. It is headquartered in Bangalore, Karnataka. The company reports that its software is used by more than 7 million customers. History Tally Solutions was co-founded in 1986 by Shyam Sunder Goenka and his son Bharat Goenka after the family's cotton business was destroyed by fire. It began as Peutronics Financial Accountant, an accounting software application. The company was incorporated in 1991 and was renamed Tally Solutions in 1999. Shyam Sundar Goenka was running a company that supplied raw materials and machine parts to plants and textile mills in southern and eastern India. Unable to find software that could manage his books of accounts, he asked his son, Bharat Goenka, 23, a Maths graduate to create a software application that would handle financial accounts for his business. The first version of the accounting software was launched as an MS-DOS ...
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Kolkata
Kolkata (, or , ; also known as Calcutta , List of renamed places in India#West Bengal, the official name until 2001) is the Capital city, capital of the Indian States and union territories of India, state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, commercial, and financial hub of East India, Eastern India and the main port of communication for North-East India. According to the 2011 Indian census, Kolkata is the List of cities in India by population, seventh-most populous city in India, with a population of 45 lakh (4.5 million) residents within the city limits, and a population of over 1.41 crore (14.1 million) residents in the Kolkata metropolitan area, Kolkata Metropolitan Area. It is the List of metropolitan areas in India, third-most populous metropolitan area in India. In 2021, the Kolkata metropolitan area crossed 1.5 crore (15 million) registered voters. The ...
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West Bengal State University
West Bengal State University (WBSU) is a public university situated in Berunanpukuria, North 24 Paraganas, West Bengal, India. It was established by an Act of the Legislative Assembly on 2007. History The Government of West Bengal through an Act of the Legislative Assembly has passed ''West Bengal Act XXVIII, 2007'' implementing a long-standing public demand in creating the university named West Bengal State University at Barasat, North 24 Paraganas. This became functional from the academic session 2008–09. On 26 May 2008, there were 63 colleges formerly affiliated with the University of Calcutta. They were, through a government notification (''No.300-Edn (U)/ IU-38/08''), transferred to this new university.http://www.wbsubregistraion.org/ The University began functioning under its first Vice-Chancellor Ashoke Ranjan Thakur, the erstwhile Pro-Vice-Chancellor of Jadavpur University. Campus and Location The total area of university campuses is . The university is ...
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Bharat Goenka
Bharat Goenka is an Indian businessman and the co-founder and managing director of Tally Solutions. In 2020, he received the Padma Shri from the Government of India for his contribution in the field of trade and industry. Life Goenka is the son of Shyam Sunder Goenka, and is an alumnus of the Bishop Cotton Boys' School. A graduate in mathematics, Goenka co-founded Tally Solutions with his father in 1986 after searching for a software to manage their accounting books. He created an MS-DOS based accounting application named Peutronics Financial Accountant, formally changed to Tally Solutions in 1999. In 2011, NASSCOM conferred their ''Lifetime Achievement Award'' to Goenka and the title of "the father of the Indian software product industry". He was given the ''CSI Honorary Fellowship Award'' by the Computer Society of India (CSI) in 2014. In 2020, he received the Padma Shri honour from the Government of India The Government of India ( ISO: ; often abbreviated as GoI), kno ...
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The Times Of India
''The Times of India'', also known by its abbreviation ''TOI'', is an Indian English language, English-language daily newspaper and digital news media owned and managed by The Times Group. It is the List of newspapers in India by circulation, third-largest newspaper in India by circulation and largest selling English-language daily in the world. It is the oldest English-language newspaper in India, and the second-oldest Indian newspaper still in circulation, with its first edition published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is an Indian "newspaper of record". Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called ''TOI'' "the leading paper in Asia". In 1991, the BBC ranked ''TOI'' among the world's six best newspapers. It is owned and published by Bennett, Coleman & Co. Ltd. (B.C.C.L.), which is owned by the Sahu Jain family. In the Brand Trust Report India study 2019, ''TOI'' was rated as the most trusted English newspap ...
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Bangalore, India
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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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-most populous city in India after Delhi and the 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 most populous city in India with an estimated city proper population of 12.5 million (1.25 crore) living under the 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 (2.3 crore). Mumbai lies on the Konkan coast on the west coast of India and has a deep natural harbour. In 2008, Mumbai was named an alpha world city. It has the highest number of millionaires and billionaires among all ...
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Delhi
Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders with the state of Uttar Pradesh in the east and with the state of Haryana in the remaining directions. The NCT covers an area of . According to the 2011 census, Delhi's city proper population was over 11 million, while the NCT's population was about 16.8 million. Delhi's urban agglomeration, which includes the satellite cities of Ghaziabad, Faridabad, Gurgaon and Noida in an area known as the National Capital Region (India), National Capital Region (NCR), has an estimated population of over 28 million, making it the List of metropolitan areas in India, largest metropolitan area in India and the List of urban areas by population, second-largest in the world (after Tokyo). The topography of the medieval fort Purana Qila on the b ...
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Businesspeople From Bangalore
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accounti ...
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