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BSE SENSEX
The BSE SENSEX (also known as the S&P Bombay Stock Exchange Sensitive Index or simply SENSEX) is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange. The 30 constituent companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy. Published since 1 January 1986, the S&P BSE SENSEX is regarded as the pulse of the domestic stock markets in India. The base value of the SENSEX was taken as ''100'' on 1 April 1979 and its base year as ''1978–79''. On 25 July 2001, BSE launched DOLLEX-, a dollar-linked version of the SENSEX. Etymology The term Sensex was coined by Deepak Mohoni, a stock market analyst in 1989. BSE Sensitive Index then was at about 750 points. Sensex is a portmanteau of the words Sensitive and Index. Calculation The BSE has some reviews and modifies its composition to be sure it reflects curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BSE Limited
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. Established with the efforts of cotton merchant Premchand Roychand in 1875, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. History Bombay Stock Exchange was founded by Premchand Roychand in 1875. While BSE Limited is now synonymous with Dalal Street, it was not always so. In the 1850s, four Gujarati and one Parsi stockbroker gathered together under a Banyan tree in front of Bombay (now Mumbai) Town Hall, where Horniman Circle is now situated. A decade later, the brokers moved their location to under the banyan trees at the junction of Meadows Street and what was then called Esplanade Road, now Mahatma Gandhi Road. With a rapid increase in the number of brokers, they had to shift places repeatedly. At last, in 1874, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Paints
Asian Paints Ltd is an Indian multinational paint company, headquartered in Mumbai. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bath fittings and providing related services. Asian Paints is India's largest paints company by market share. The company has 27 paint manufacturing facilities in 15 countries, servicing consumers in over 60 countries. Asian Paints is also present in the home improvement and décor space in India. History The company was started in a garage in Gaiwadi, Girgaon, Mumbai by four friends Champaklal Choksey, Chimanlal Choksi, Suryakant Dani and Arvind Vakil, in February 1942. During World War II and the Quit India Movement of 1942, a temporary ban on paint imports left only foreign companies and Shalimar Paints in the market. Asian Paints took up the market and reported an annual turnover of 23 crore in 1952 but with only 2% PBT margin. By 1967, it became the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nestlé India
Nestlé India Limited is the Indian subsidiary of Nestlé which is a Swiss multinational company. The company is headquartered in Gurgaon, Haryana. The company's products include food, beverages, chocolate, and confectioneries. The company was incorporated on 28 March 1959 and was promoted by Nestle Alimentana S.A. via a subsidiary, Nestle Holdings Ltd. As of 2020, the parent company Nestlé owns 62.76% of Nestlé India. The company has 9 production facilities in various locations across India. History Nestlé India is one of the largest players in India's fast-moving consumer goods sector and has a long history in the country. * Nestlé India Limited was incorporated at New Delhi on 28 March 1959 and was promoted by Nestle Alimentana S.A. via a wholly owned subsidiary, Nestle Holdings Ltd., Nassau, Bahamas. * The company built their first production facility in 1961 at Moga, in the Indian state of Punjab. * Nestlé's second plant was set up at Choladi in Tamil Nadu, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bajaj Finance
Bajaj Finance Limited (BFL) is a deposit-taking Indian non-banking financial company headquartered in Pune. It has a customer base of 101.82 million and holds assets under management worth , as of March 2025. As per the 2023 list of NBFCs issued by the Reserve Bank of India, Bajaj Finance Limited holds the second position in the ''upper layer'' based on scale-based regulation guidelines. History Originally incorporated as Bajaj Auto Finance Limited on March 25, 1987, as a non-banking financial company, primarily focused on providing two and three-wheeler finance. After 11 years in the auto finance market, Bajaj Auto Finance Ltd launched its initial public issue of equity share and was listed on the Bombay Stock Exchange and National Stock Exchange of India. At the turn of the 20th century, the company ventured into the consumer durables finance sector and started offering small-size loans. In the subsequent years, Bajaj Auto Finance diversified into business and property loa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adani Ports & SEZ
Adani Ports and Special Economic Zone Limited (APSEZ) is an Indian multinational port operator and logistics company, part of Adani Group. APSEZ is India's largest private port operator with a network of 12 ports and terminals, including India's first port-based SEZ at Mundra and the first deep water transshipment port at Thiruvananthapuram. Operations , APSEZ operated 3 inland container depots (ICD) through its subsidiary Adani Logistics Ltd. In August 2022, they acquired an additional ICD from Navkar Corporation in Tumb, Gujarat. It holds Category 1 License for the Indian Railways that helps in pan-India cargo movement. The trains owned by Adani Logistics were used to dispatch 30,000 tonnes of food grains to feed over 60 lakh citizens across the states of Tamil Nadu, Karnataka, West Bengal, and Maharashtra, during the 2020 COVID-19 lockdown. APSEZ provides dredging and reclamation solutions, primarily for port and harbor construction. The Adani Group started investing in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HCL Technologies
HCL Technologies Limited ( d/b/a HCLTech) is an Indian multinational information technology (IT) consulting company headquartered in Noida. Founded by Shiv Nadar, it was spun out in 1991 when HCL entered into the software services business. The company has offices in 60 countries and over 220,000 employees. It is the third-largest India-headquartered IT services company by revenue and market capitalization as of 2024. History Formation and early years In 1976, a group of eight engineers, all former employees of Delhi Cloth & General Mills, led by Shiv Nadar, started a company that would make personal computers. Initially floated as ''Microcomp Limited'', Nadar and his team (which also included Arjun Malhotra, Ajai Chowdhry, D.S. Puri, Yogesh Vaidya and Subhash Arora) started selling teledigital calculators to gather capital for their main product. On 11 August 1976, the company was renamed Hindustan Computers Limited (HCL). HCL Enterprise developed an indigenous mic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wipro
Wipro Limited () is an Indian multinational technology company based in Bengaluru. It provides information technology, consulting and business process services. It is one of India's Big Six IT services companies. Wipro's services include cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other technologies, present in 167 countries. History Early years The company was incorporated on 29 December 1945 in Amalner by MH Hasham Premji as Western India Vegetable Products Limited, a manufacturer of cooking oils. In 1966, after Hasham Premji's death, his son Azim Premji took over as chairperson at age 21. The company changed its name to Wipro Products Limited in 1977, followed by Wipro Limited, a syllabic abbreviation of the original name, in 1982. Shift to IT In the 1980s, recognizing opportunities in computer hardware and software, the company established subsidiaries Wipro Infotech and Wipro Systems. In 1981, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vedanta Limited
Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha. History Sterlite Industries Vedanta (then called Sterlite industries) began in the 1980s, as the founder D.P.Agarwal founded Sterlite Industries (India) Limited in Mumbai and begun to buy mining concessions in different states of India. He was soon joined by his two sons, Navin Agarwal and Anil Agarwal, both of whom currently run the company. In 1992, they established Volcan investments in Nassau (Bahamas) as the main holding company for their mines. D.P.Agarwal had a small aluminium conductor business in Patna. His son Anil Agarwal had come to Mumbai to expand their business. In the 1990s, as the Indian government began to sell off sick (non-performing) companies, Sterlite began to bid for them. They were able to bid successfully for BALCO and Hindustan Zinc Limited, both bankrupt compani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yes Bank
Yes Bank (stylised as YES BANK) is an Indian private sector bank, headquartered in Mumbai, catering to retail customers, MSMEs, and corporate clients. The bank was founded by Rana Kapoor and Ashok Kapur in 2003. Its network is spread across 300 districts in India and comprises 1,198 branches, 193 BCBOs and 1,287+ ATMs. History In 1997–98, three Mumbai-based bankers– Rana Kapoor, Ashok Kapur and Harkirat Singh–co-founded Rabo India Finance in partnership with Rabobank of the Netherlands. In early 2003, the three bankers started Yes Bank with proceeds from selling their stakes in Rabo India Finance. Harkirat Singh resigned in April 2003 citing concerns over Rabobank's influence in appointing a leader for Yes Bank. In May 2004, Yes Bank obtained banking license from the Reserve Bank of India (RBI). Initially, Rana Kapoor and Ashok Kapur each held 26% in the bank, Rabobank owned 20%, newly-appointed directors were allocated 3% and private equity firms held the remaining ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IndusInd Bank
IndusInd Bank Limited is an Indian banking and financial services company based in Mumbai. It was established in April 1994 and promoted by the Hinduja Group. History IndusInd Bank was among nine 'new-generation' banks that obtained a banking license in 1994; it was started by S. P. Hinduja along with hundreds of NRI and other shareholders. Named after the Indus Valley Civilisation, the bank began its operations on 17 April 1994, after being inaugurated by the then Union Finance Minister Manmohan Singh. It launched its initial public offering in 1997. In 2004, IndusInd Bank completed its merger with Ashok Leyland Finance, a vehicle financing company which was also part of the Hinduja Group. IndusInd Bank listed on the Luxembourg Stock Exchange in 2007 by issuing global depository receipts (GDRs) worth . In 2008, it issued fresh GDRs worth . In 2011, IndusInd Bank acquired Deutsche Bank India's loss-making credit cards division. In October 2017, IndusInd Bank announc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cipla
Cipla Limited is an Indian multinational pharmaceutical company headquartered in Mumbai. Cipla primarily focuses on developing medication to treat respiratory disease, cardiovascular disease, arthritis, diabetes, depression, paediatric and various other medical conditions. Cipla has 47 manufacturing locations across the world and sells its products in 86 countries. It is the third-largest drug producer in India. History Cipla was founded in Mumbai in 1935 by Khwaja Abdul Hamied as the Chemical, Industrial & Pharmaceutical Laboratories. In July 1984, the name of the company was changed to 'Cipla'. Upon Hamied's death in 1972, his son Yusuf Hamied, a Cambridge-educated chemist, took over the company. In 1995, Cipla launched Deferiprone, the world's first oral iron chelator. In 1999, Cipla joined the Indian Pharmaceutical Alliance as a founding member in an effort to promote the development of generic drugs in India. During the AIDS epidemic in the early 2000s, Hamied reve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kotak Mahindra Bank
Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. As of December 2023, the bank has 1,869 branches and 3,239 ATMs, including branches in GIFT City and DIFC (Dubai). History 1985–2002: Kotak Mahindra Finance In 1985, Uday Kotak founded Kotak Capital Management Finance Limited as a financial services company with a loan of 30 lakh from family and friends. In 1986, Anand Mahindra and his father Harish Mahindra invested 1 lakh in the company which was subsequently renamed Kotak Mahindra Finance. The company was initially engaged in bill discounting, along with lease and hire purchase activities. In the early 1990s, the company started offering car financing and investment banking services and expanded its operations overseas. In 1996, car financin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
