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Mehta Group
The Mehta Group of Companies, commonly referred to as the Mehta Group, is an Indian conglomerate based in Mumbai and headquartered in Gandhinagar, with subsidiaries in the United States, Canada, Kenya and Uganda. The group employs in excess of 55,000 people worldwide, and has an asset base in excess of US$2.1 billion, as of December 2024. The group's businesses include investments in sugar, cement, packaging, floriculture, engineering, electrical cable, consulting, management, insurance, International Trade and International Finance. History The group, founded by Nanji Kalidas Mehta (1887–1969), who was born in India in the late 19th century. In 1900, at the age of 13 years, he migrated to Uganda and started a series of businesses that included a tea plantation, a cotton ginnery, a sugarcane plantation and a sugar factory. During the 1930s, having established himself in Uganda, Mehta began operations in India. He set up a textile mill and ginning factory in Porbandar, Guj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mumbai
Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12.5 million (1.25 crore). Mumbai is the centre of the Mumbai Metropolitan Region, the seventh-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. Mumbai has the highest number of billionaires out of any city in Asia. The seven islands that constitute Mumbai were earlier home to communities of Marathi language-speaking Koli people. For centuries, the seven islands of Bombay were under the control of successive indigenous rulers before being ceded to the Portuguese Empire, and subsequently to the East India Company in 1661, as part of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cameroon
Cameroon, officially the Republic of Cameroon, is a country in Central Africa. It shares boundaries with Nigeria to the west and north, Chad to the northeast, the Central African Republic to the east, and Equatorial Guinea, Gabon, and the Republic of the Congo to the south. Its coastline lies on the Bight of Biafra, part of the Gulf of Guinea, and the Atlantic Ocean. Due to its strategic position at the crossroads between West Africa and Central Africa, it has been categorized as being in both camps. Cameroon's population of nearly 31 million people speak 250 native languages, in addition to the national tongues of English and French, or both. Early inhabitants of the territory included the Sao civilisation around Lake Chad and the Baka people (Cameroon and Gabon), Baka hunter-gatherers in the southeastern rainforest. Portuguese discoveries, Portuguese explorers reached the coast in the 15th century and named the area ''Rio dos Camarões'' (''Shrimp River''), which became ''C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethiopia
Ethiopia, officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east, Kenya to the south, South Sudan to the west, and Sudan to the northwest. Ethiopia covers a land area of . , it has around 128 million inhabitants, making it the List of countries and dependencies by population, thirteenth-most populous country in the world, the List of African countries by population, second-most populous in Africa after Nigeria, and the most populous landlocked country on Earth. The national capital and largest city, Addis Ababa, lies several kilometres west of the East African Rift that splits the country into the African Plate, African and Somali Plate, Somali tectonic plates. Early modern human, Anatomically modern humans emerged from modern-day Ethiopia and set out for the Near East and elsewhere in the Middle Paleolithi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda Development Corporation
The Uganda Development Corporation (UDC) is an agency of the government of Uganda. It promotes and facilitates the industrial and economic development of Uganda. Formed in 1952, it had some success in promoting local industrial development and was swelled with the addition of newly nationalised industries in the early 1970s. These, however, proved too much for the corporation, and it went into a slow decline before being completely phased out in 1998. The organisation was reconstituted with similar aims in 2008. History Before Amin (1952–1971) The UDC was created by the British colonial administration in 1952 to "facilitate the industrial and economic development of Uganda". Under the Uganda Development Corporation Act 1952, the objective of UDC was to "promote and assist in the financing, management or establishment of— new undertakings; schemes for the better organisation and modernisation of and the more efficient carrying out of any undertaking; and the conduct of rese ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expulsion Of Asians From Uganda
In early August 1972, the President of Uganda Idi Amin ordered the expulsion of his country's Indian minority, giving them 90 days to leave the country. At the time, South Asians in East Africa were simply known as "Asians". They had come to dominate trade under British colonial policies. The original August 4 order applied only to British subjects of South Asian origin, but was expanded on August 9 to citizens of Bangladesh, India, and Pakistan. It was later expanded to include 20,000 Ugandan citizens of South Asian ethnicities (later rescinded). At the time of the expulsion, there were about 80,000 individuals of Indian descent in Uganda, of whom 23,000 had their applications for citizenship both processed and accepted.. The expulsion took place against the backdrop of anti-Indian sentiment and black supremacy in Uganda, with Amin accusing a minority of the Indians of disloyalty, non-integration, and commercial malpractice, claims that Indian leaders disputed. Amin defended the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Idi Amin
Idi Amin Dada Oumee (, ; 30 May 192816 August 2003) was a Ugandan military officer and politician who served as the third president of Uganda from 1971 until Uganda–Tanzania War, his overthrow in 1979. He ruled as a Military dictatorship, military dictator and is considered one of the most brutal Despotism, despots in modern world history. Amin was born to a Kakwa people, Kakwa father and Lugbara people, Lugbara mother. In 1946, he joined the King's African Rifles (KAR) of the British Colonial Army as a cook. He rose to the rank of lieutenant, taking part in British Empire, British actions against Somali rebels and then the Mau Mau rebellion, Mau Mau Uprising in Kenya Colony, Kenya. Uganda gained independence from the United Kingdom in 1962, and Amin remained in the Uganda Army (1962–1971), army, rising to the position of deputy army commander in 1964 and being appointed commander two years later. He became aware that Ugandan president Milton Obote was planning to arrest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bombay
Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian States and union territories of India, state of Maharashtra. Mumbai is the financial centre, financial capital and the list of cities in India by population, most populous city proper of India with an estimated population of 12.5 million (1.25 crore). Mumbai is the centre of the Mumbai Metropolitan Region, the List of largest cities, seventh-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 Globalization and World Cities Research Network#Alpha, alpha world city. Mumbai has the List of cities by number of billionaires, highest number of billionaires out of any city in Asia. The seven islands that constitute Mumbai were earlier home to communities of Marathi language-speaking Koli people. For cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Porbandar
Porbandar is a city and the headquarters of Porbandar district in the Indian state of Gujarat. It is the birthplace of Mahatma Gandhi and Sudama. It was the former capital of the Porbandar State, Porbandar princely state. Porbandar and Chhaya, India, Chhaya are the twin cities of each other and both cities are jointly governed by Porbandar–Chhaya Municipal Corporation. History Late Harappan settlement (1600-1400 BCE) Onshore explorations in and around Porbandar brought to light the remains of a Periodisation of the Indus Valley Civilisation, Late Harappan settlement dating back to the 16th-14th centuries BCE. There is evidence to suggest that the Harappan legacy of Sea, maritime activity continued till the late Harappan period on the Saurashtra (region), Saurashtra coast. The discovery of ancient jetties along the Porbandar creek signifies the importance of Porbandar as an active center of maritime activities in the past. Indian theology views Porbandar as the birthplace o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Finance
International finance (also referred to as international monetary economics or international macroeconomics) is the branch of monetary economics, monetary and macroeconomics, macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade. Sometimes referred to as multinational finance, international finance is additionally concerned with matters of international corporate finance, financial management. Investors and multinational corporations must assess and manage international risks such as political risk and foreign exchange risk, including transaction exposure, economic exposure, and translation exposure. Some examples of key concepts within international finance are the Mundell–Fleming model, the optimum currency area theory, purchasing power parity, intere ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Trade
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (See: World economy.) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, salt roads), its economic, social, and political importance has been on the rise in recent centuries. Carrying out trade at an international level is a complex process when compared to domestic trade. When trade takes place between two or more states, factors like currency, government policies, economy, judicial system, laws, and markets influence trade. To ease and justify the process of trade between countries of different economic standing in the modern era, some international economic organizations were formed, such as the World Trade Organization. These organizations work towards the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
