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Deepak Parekh
Deepak Parekh (born 18 October 1944) is an Indian businessman and the former chairman of Housing Development Finance Corporation, India's leading housing private development finance institution. It is based in Mumbai. Education Parekh completed his schooling at St. Xavier's High School, Fort and later graduated with a B.Com from Sydenham College affiliated with the University of Mumbai. He went to England in 1965 to qualify as a chartered accountant with the ICAEW; he completed his articles with Whinney, Smith and Whinney (which later became Ernst & Young) in London. He also cleared the Certified Associate of Indian Institute of Bankers (CAIIB) of Indian Institute of Banking and Finance. He cleared his ACA exams in the first attempt and was afterwards posted at the firm's consulting arm Ernst & Ernst in New York. Career Parekh has worked at Ernst & Young, Grindlays Bank, and Chase Manhattan Bank as its assistant representative for South Asia. He joined Housing D ...
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Confederation Of Indian Industry
The Confederation of Indian Industry (CII) is a Non-governmental organization, non-governmental business and industry organisation and advocacy group headquartered in New Delhi, India, founded in 1895. CII is a membership-based organisation. CII has 70 offices in India, including 12 centres of excellence and regional, state and zonal offices. CII was appointed as the B20 India Secretariat by the Government of India to lead the B20 India process during 2023 G20 New Delhi summit, India's G20 Presidency in 2023. History The journey of CII began in 1895, when 5 engineering firms – Martin & Company, Burn & Company, John King & Company, Jessop & Company, and Turner Morrison & Company – decided to form the Engineering and Iron Trades Association (EITA). To promote the interests of Indian manufacturers, EITA was renamed as Indian Engineering Association (IEA) in 1912. In 1942, the Engineering Association of India (EAI) was founded to promote the interests of small and medium ...
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Grindlays Bank
The historic overseas bank was established in London in 1828 as Leslie & Grindlay, agents and bankers to the British Army and business community in India. Banking operations expanded to include the Indian subcontinent, the Middle East and elements of Africa and Southeast Asia. It was styled Grindlay, Christian & Matthews in 1839, Grindlay & Co from 1843, Grindlay & Co Ltd from 1924 and Grindlays Bank Ltd in 1947 until its merger with the National Bank of India. The National Bank of India was formed in 1863 and became one of the larger London overseas banks operating not only in the Indian sub-continent but in communities around the Indian Ocean. In 1948 it merged with the smaller Grindlays Bank Ltd, renaming itself National and Grindlays Bank Ltd some ten years later.Geoffrey Tyson, 100 Years of Banking in Asia and Africa, (1963) Following further acquisitions, its name was shortened to Grindlays Bank in 1974, and then renamed ANZ Grindlays Bank when it was taken over by Austra ...
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Businesspeople From Mumbai
A businessperson, also referred to as a 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) to generate cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital to fuel economic development and growth. History Medieval period: Rise of the merchant class Merchants emerged as a social class in medieval Italy. Between 1300 and 1500, modern accounting, the bill of exchange, and limited liability were invented, and thus, the world saw "the first true bankers", who were certainly businesspeople. Around the same time, Europe saw the " emergence of rich merchants." This "rise of the merchant class" came as Europe "needed a middleman" for the first time, and these "burghers" or "bourgeois" were the people who played this role. Renaissance to Enlightenment: Rise of ...
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IIMUN
I.I.M.U.N. (India's International Movement to Unite Nations) is a youth organisation, founded in 2012, that hosts academic simulations of United Nations sessions for students aged 13 to 19. It organizes events where participants role-play as diplomats and deliberate on local, national, and international issues in committee sessions. At its conferences, students represent bodies such as the United Nations Security Council and the United Nations Environment Programme, discussing topics like reforms to the Security Council. I.I.M.U.N. has conducted conferences across India and internationally, and became the first organisation to hold a Model UN conference at the United Nations Headquarters. In addition to its educational activities, I.I.M.U.N. has organised large-scale public events, including a peace march supporting India’s bid for permanent membership in the Security Council, and the “Find a Bed” initiative during the COVID-19 pandemic to help patients locate hospital and ...
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Advisory Board
An advisory board is a body that provides non-binding strategic advice to the management of a corporation, organization, or foundation. The informal nature of an advisory board gives greater flexibility in structure and management compared to the board of directors. Unlike the board of directors, the advisory board does not have authority to vote on corporate matters or bear legal fiduciary A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (legal person or group of persons). Typically, a fiduciary prudently takes care of money or other assets for another person. One party, ... responsibilities. Many new or small businesses choose to have advisory boards in order to benefit from the knowledge of others, without the expense or formality of the board of directors. Function The function of an advisory board is to offer assistance to enterprises with anything from marketing to managing human resources to influencing the di ...
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ICAEW
The Institute of Chartered Accountants in England and Wales (ICAEW) is a professional membership organisation that promotes, develops and supports chartered accountants and students around the world. As of December 2024, it has over 210,000 members and students in 150 countries. ICAEW was established by Royal Charter in 1880. Overview The institute is a member of the Consultative Committee of Accountancy Bodies (CCAB), formed in 1974 by the major accountancy professional bodies in the UK and Ireland. The fragmented nature of the accountancy profession in the UK is in part due to the absence of any legal requirement for an accountant to be a member of one of the many Institutes, as the term ''accountant'' does not have legal protection. However, a person must belong to ICAEW, ICAS or CAI to hold themselves out as a '' chartered accountant'' in the UK (although there are other chartered bodies of British qualified accountants whose members are likewise authorised to conduct re ...
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The Economic Times
''The Economic Times'' is an Indian English-language business-focused daily newspaper. Owned by The Times Group, ''The Economic Times'' began publication in 1961 and it is sold in all major cities in India. As of 2012, it is the world's second-most widely read English-language business newspaper, after ''The Wall Street Journal'', with a daily readership of over 800,000. According to the Audit Bureau of Circulations (India), Audit Bureau of Circulations, the newspaper's Print circulation, circulation averaged 269,882 copies during the latter half of 2022. It is published simultaneously from 14 cities: Mumbai, Bangalore, Delhi, Chennai, Kolkata, Lucknow, Hyderabad, Jaipur, Ahmedabad, Nagpur, Chandigarh, Pune, Indore, and Bhopal. Its main content is based on the Economy of India, Indian economy, international finance, share prices, prices of commodities as well as other matters related to finance. This newspaper is Publishing, published by Bennett Coleman & Co. Ltd, Bennett, Cole ...
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Capital Market
A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments. Financial regulators like Securities and Exchange Board of India (SEBI), Bank of England (BoE) and the U.S. Securities and Exchange Commission (SEC) oversee capital markets to protect investors against fraud, among other duties. Transactions on capital markets are generally managed by entities within the financial sector or the treasury departments of governments and corporations, but some can be accessed directly by the public. As an example, in the United States, any American citizen with an internet connection can create an account with TreasuryDirect and use it to buy bonds in the primary market. However, sales to in ...
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Reserve Bank Of India
Reserve Bank of India, abbreviated as RBI, is the central bank of the Republic of India, and regulatory body responsible for regulation of the Indian banking system and Indian rupee, Indian currency. Owned by the Ministry of Finance (India), Ministry of Finance, Government of India, Government of the Republic of India, it is responsible for the control, issue, and maintenance of the supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. The RBI, along with the Indian Banks' Association, established the National Payments Corporation of India to promote and regulate the payment and settlement systems in India. Bharatiya Reserve Bank Note Mudran, Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Mysore (Karnataka; Southern India) and Salboni (West Bengal; Eastern India). Depos ...
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AIESEC
AIESEC ( ) is an international "youth-run" and led, non-governmental and not-for-profit organization that provides young people with business development internships. The organization focuses on empowering young people to make a progressive social impact. The AIESEC network includes approximately 40,000 members in 120+ countries. AIESEC is a non-governmental in consultative status with the United Nations Economic and Social Council (ECOSOC), is an independent arm of the UN DPI and UN's Office of the Secretary-General's Envoy on Youth, member of ICMYO, and is recognized by UNESCO. AIESEC's international headquarters are in Montreal, Canada. Name ''AIESEC'' (pronounced: eye-sek) was originally a French acronym for (English: International Association of Students in Economics and Business). The full name is no longer officially used, as members can now be graduate and undergraduate from any university background. History Founding The idea behind AIESEC started after World ...
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SingTel
Singapore Telecommunications Limited, trading as Singtel, is a Singaporean telecommunications conglomerate, the country's principal fixed-line operator and one of the four major mobile network operators operating in the country. Overview The company is the largest mobile network operator in Singapore with 4.1 million subscribers and through subsidiaries, has a combined mobile subscriber base of 770 million customers as of 31 March 2022. The company was known as Telecommunications Equipment until 1995. Singtel provides ISP, IPTV ( Singtel TV) and mobile phone networks and fixed line telephony services. Singtel has expanded aggressively outside its home market and owns shares in many regional operators, including full ownership of Australia's second largest telco Optus and 32.15% of Bharti Airtel, the second largest carrier in India. Singtel controls significant market share in Australia and Singapore, with 82% of the fixed-line market, 47% of the mobile market and 4 ...
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Mahindra & Mahindra
Mahindra & Mahindra is an Indian automobile manufacturing company headquartered in Mumbai, Maharashtra. It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra. Part of the Mahindra Group, M&M is one of the largest vehicle manufacturers by production in India; the Mahindra Tractors subsidiary is the largest manufacturer of tractors in the world by volume. It was ranked 17th on a list of top companies in India by Fortune India 500 in 2018. Its major competitors in the Indian vehicular market include Maruti Suzuki, Maruti Suzuki India and Tata Motors. Dr. Anish Shah is the current CEO and Managing Director of Mahindra & Mahindra. History Mahindra & Mahindra was founded as a steel trading company on 2 October 1945, in Ludhiana as Mahindra & Mohammed by brothers Kailash Chandra Mahindra and Jagdish Chandra Mahindra, along with Malik Ghulam Muhammad. Anand Mahindra, the present Chairman of Mahindra Group, is the grandson of Kailash Chandra Mahindra ...
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