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List Of Employee-owned Companies
This is a list of notable employee-owned companies by country. These are companies totally or significantly owned (directly or indirectly) by their employees. Employee ownership takes different forms and one form may predominate in a particular country. For example, in the U.S. over 5,700 of the roughly 6,400 employee-owned companies have an Employee Stock Ownership Plan (ESOP). An ESOP is an employee-owner method that provides a company's workforce with an ownership interest in the company. In an ESOP, companies provide their employees with stock ownership, often at no up-front cost to the employees. ESOP shares, however, are part of employees' remuneration for work performed. Shares are allocated to employees and may be held in an ESOP trust until the employee retires or leaves the company. The shares are then sold. Worker cooperatives are another form of employee ownership wherein workers are exclusive owners and managers of the firm, with one vote per employee in democratic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Employee
Employment is a relationship between two party (law), parties Regulation, regulating the provision of paid Labour (human activity), labour services. Usually based on a employment contract, contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wage, wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuity, gratuities, bonus payments or employee stock option, stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, and disability insurance. Employment is typically governed by Labour law, employment laws, o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dabbawala
A dabbawala (also spelled dabbawalla or dabbawallah, called tiffin wallah in older sources) is a worker who delivers hot lunches from homes and restaurants to people at work in India, especially in Mumbai. The dabbawalas constitute a Tiffin carrier, lunchbox delivery and return system for workers in Mumbai. The lunchboxes are picked up in the late morning, delivered predominantly using bicycles and Mumbai Suburban Railway, railway trains, and returned empty in the afternoon. Origins In the late 1800s, an increasing number of migrants were moving to Bombay from different parts of the country, and fast food and canteens were not prevalent. All these people left early in the morning for offices, and often had to go hungry for lunch. They belonged to different communities, and therefore had different types of tastes, which could only be satisfied by their own home-cooked meals. So, in 1890, Mahadeo Havaji Bachche started a lunch delivery service in History of Bombay, Bombay with a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orissa State Cooperative Milk Producers' Federation
The Odisha State Cooperative Milk Producers Federation also known as OMFED is a state government cooperative under the ownership of Ministry of Cooperation, Government of Odisha. It is situated at Bhubaneswar, the state capital of Odisha. It is an apex level Milk Producers' Federation in Odisha registered under Cooperative Society Act – 1962. Omfed was established based on AMUL pattern under operation flood-II of National Dairy Development Board (NDDB), for promoting, production, procurement, processing and marketing of milk & milk products initially in undivided districts of Puri, Cuttack, Dhenkanal, Keonjhar. Management The Orissa state Cooperative Milk Producers' Federation Ltd. is controlled by a Board Of Directors which consists of Chairman of all affiliated Dist. Cooperative Milk Producers' Unions, three nominees of Government of Odisha, a nominee from the National Dairy Development Board and Managing Director of the Omfed (Who is the ''ex officio'' member). The Chairma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Agricultural Cooperative Marketing Federation Of India
The National Agricultural Cooperative Marketing Federation of India (NAFED) is an organization of marketing cooperatives for agricultural produce in India. It was founded on the birthday of Mahatma Gandhi on 2 October 1958 to promote the trade of agricultural produce and forest resources across the nation. It is registered under Multi State Co-operative Societies Act. Headquarters in New Delhi, NAFED has four regional offices at Delhi, Mumbai, Chennai and Kolkata, apart from 28 zonal offices. NAFED is the nodal agency to implement price stabilization measures under Operation Greens which aims to double the farmers' income by 2022. NAFED along with FCI with proactive role of state governments also physically procures oilseeds, pulses and copra under the Price Support Scheme (PSS) which in turn is under the umbrella scheme oPM-AASHA In 2008, it established, National Spot Exchange, a Commodities exchange A commodities exchange is an exchange, or market, where various commo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mother Dairy
Mother Dairy is a wholly owned subsidiary of the National Dairy Development Board which is a statutory body under the ownership of the Ministry of Fisheries, Animal Husbandry and Dairying of the Government of India that manufactures, markets and sells milk and dairy products. Mother Dairy was founded in 1974, as a subsidiary of the National Dairy Development Board (NDDB). History Mother Dairy was commissioned in 1974 as a wholly owned subsidiary of the National Dairy Development Board (NDDB), under 'Operation Flood'. It was an initiative under Operation Flood, a dairy development program aimed at making India a milk sufficient nation. Mother Dairy sources a significant part of its requirement of liquid milk from dairy cooperatives and village level farmer centric organizations. It originally focused on Delhi and other parts of the National Capital Region (NCR), and has 1500 milk booths and 300 safal outlets in the market. It later expanded to other regions in India. It c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lijjat Papad
Shri Mahila Griha Udyog Lijjat Papad (), popularly known as Lijjat, is an Indian women's worker cooperative involved in manufacturing of various fast-moving consumer goods. The organisation's main objective is empowering women by providing them employment opportunities. Started in 1959 by seven gujarati women in Mumbai with a seed capital of only Rs.80 ( Rs.6,800 adjusting for inflation ) ( $80 in today's money), it had an annual turnover of more than Rs.1600 crore (over $224 million) in 2019. It provides employment to 45,000 (in 2021) women across the country. Lijjat started out as a cottage industry in an urban area, but spread to the rural areas. It is considered one of the most remarkable entrepreneurial initiatives by women that is identified with female empowerment in India. Due to standardization in the Papad, 4.8 Billion Papads made by 45,000 Lijjat sisters all over India have a similar taste. History Lijjat was started by seven Gujarati women from Mumbai. The women l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Krishak Bharati Cooperative
Krishak Bharati Cooperative Limited (KRIBHCO) is a national level multistate cooperative society under the Ministry of Coorperation, Government of India Dr. Chandrapal Singh Yadav is the chairman from 1999. Shri MR Sharma is the Managing Director. History KRIBHCO was incorporated on 17 April 1980 as a national level Multi State Cooperative Society by Government of India to implement first gas based high capacity Fertilizer Complex consisting of 2 x 1890 MTPD Ammonia plants and 4 x 1662.5 MTPD Urea plants each with annual installed capacity of 8.91 Lakh MT Ammonia and 14.52 lakh MT of Urea at Hazira District-Surat, Gujarat, India based on natural gas from Bombay High/ South Bassein. Hazira fertilizer complex was commissioned in 1985 in record time with saving of Rs. 90 crore in project cost. In an endeavor to make constant improvements, KRIBHCO implemented various schemes to enhance its capacity and improve the energy consumption. Capacities of ammonia & urea plants were re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kerala Co-operative Milk Marketing Federation
The Kerala Co-operative Milk Marketing Federation (KCMMF), known by its trade name 'Milma'', is a state government cooperative society established in 1980 headquartered in Thiruvananthapuram. It is an India state government cooperative owned by the Ministry of Cooperation, Government of Kerala The Government of Kerala (abbreviated as GoK), also known as the Kerala Government, is the administrative body responsible for governing the Indian States and territories of India, state of Kerala. The government is led by a chief minister, who .... KCMMF is a Federation of three Regional Milk Unions: the ERCMPU, TRCMPU and MRCMPU. It follows a cooperative structure and is one of the most profitable cooperatives in Kerala. In 1983, it took over the production and milk marketing facilities under the Kerala Livestock and Milk Marketing Board. The board was later renamed as Kerala Livestock Development Board. According to the 2017-18 annual report, the income of this co-operative ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karnataka Milk Federation
The Karnataka Co–Operative Milk Producers' Federation Limited (KMF) is a dairy cooperative from Karnataka, India, which sells products such as milk, curd, ghee, butter, ice cream, Chocolate, chocolates, and Sweets from the Indian subcontinent, sweets under the brand name Nandini. It is a federation of milk producers under the ownership of Government of Karnataka, Ministry of Cooperation, Government of Karnataka. Almost every district in Karnataka has milk-producing co-operatives. The milk is collected from farmers who are its members, processed and sold in the market under the Nandini brand. It is the second-largest milk co-operative in India after Amul. Background The first dairy co-operatives that make up KMF started in 1955 in Kudige, Kodagu District. KMF was founded in 1974 as Karnataka Dairy Development Corporation (KDDC) to implement a dairy development project run by the World Bank. In 1984 the organisation was renamed KMF. KMF has 15 milk unions throughout the Karnatak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kaira District Co-operative Milk Producers' Union
The Anand Milk Union Limited commonly known as Amul is an Indian dairy brand owned by the cooperative society, Gujarat Cooperative Milk Marketing Federation (GCMMF), based in Anand, Gujarat. GCMMF is controlled by 3.6 million milk producers. Tribhuvandas Kishibhai Patel founded the organisation in 1946 and served as its chairman until his retirement in the 1970s. He hired Verghese Kurien in 1949, initially as the general manager, where Kurien guided the technical and marketing efforts of the cooperative. Kurien briefly became the chairman of Amul following Patel's death in 1994, and is credited with the success of Amul's marketing. Amul spurred India's White Revolution, which made the country the world's largest producer of milk and milk products, and has since ventured into overseas markets. History Amul was founded on 14 December 1946 as a response to the exploitation of small dairy farmers by traders and agents. At the time, milk prices were arbitrarily determined, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
J Thomas & Co
J, or j, is the tenth letter of the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its usual name in English is ''jay'' (pronounced ), with a now-uncommon variant ''jy'' ."J", ''Oxford English Dictionary,'' 2nd edition (1989) When used in the International Phonetic Alphabet for the voiced palatal approximant (the sound of "y" in "yes") it may be called ''yod'' or ''jod'' (pronounced or ). History The letter ''J'' used to be used as the swash letter ''I'', used for the letter I at the end of Roman numerals when following another I, as in XXIIJ or xxiij instead of XXIII or xxiii for the Roman numeral twenty-three. A distinctive usage emerged in Middle High German. Gian Giorgio Trissino (1478–1550) was the first to explicitly distinguish I and J as representing separate sounds, in his ''Ɛpistola del Trissino de le lettere nuωvamente aggiunte ne la lingua italiana'' ("Trissino's epistle ab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Potash Limited
Indian Potash Limited, also known as IPL, is a fertiliser company based in India. It was incorporated under Indian Companies Act with the objective of import-handling, promotion and marketing of Potash in India. It imports, handles, promotes, and markets potash fertilisers in India. It sells fertilisers such as Potassium chloride, Muriate of Potash, triple super phosphate, Triple Super Phosphate, Monoammonium phosphate, Monoammonium Phosphate, and Sulfate of potash, Sulfate of Potash. Dr. PS Gahlaut serves as both the Managing Director and Director of Indian Potash Limited, a prominent fertilizer company in India. The company was formerly known as Indian Potash Supply Agency and changed its name to Indian Potash Limited in 1970. The company was founded in 1955 and is headquartered in Chennai, India. It is India's largest potash firm. History Indian Potash Limited was founded in 1955 as Indian Potash Supply Agency. After independence of India from British rule in 1947, there wer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
