R. Thyagarajan (industrialist)
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R. Thyagarajan (industrialist)
R. Thyagarajan is an industrialist and founder of Chennai-based Shriram Group, a financial services conglomerate along with AVS Raja and T. Jeyaraman. He was awarded the Padma Bhushan, India's third highest civilian award, in 2013 in the field of trade and industry. Career He was born into a Tamil family in Chennai. He holds a master's degree in Mathematics and master's degree in Mathematical Statistics from the Indian Statistical Institute. In 1961, he started his career as a Trainee Officer with New India Assurance Co. Limited, a general insurance company. Following his stint, in 1974, he set up Shriram Chits to start commercial financing business along with his friends. Over the period of time, the business evolved into a ₹ The Indian rupee sign ⟨₹⟩ is the currency symbol for the Indian rupee (ISO 4217: INR), the official currency of India. Designed by D. Udaya Kumar, it was presented to the public by the Government of India on 15 July 2010, following its ... ...
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Chennai
Chennai, also known as Madras (List of renamed places in India#Tamil Nadu, its official name until 1996), is the capital city, capital and List of cities in Tamil Nadu by population, largest city of Tamil Nadu, the southernmost states and territories of India, state of India. It is located on the Coromandel Coast of the Bay of Bengal. According to the 2011 Census of India, 2011 Indian census, Chennai is the List of most populous cities in India, sixth-most-populous city in India and forms the List of million-plus urban agglomerations in India, fourth-most-populous urban agglomeration. Incorporated in 1688, the Greater Chennai Corporation is the oldest municipal corporation in India and the second oldest in the world after City of London Corporation, London. Historically, the region was part of the Chola dynasty, Chola, Pandya dynasty, Pandya, Pallava dynasty, Pallava and Vijayanagara Empire, Vijayanagara kingdoms during various eras. The coastal land which then contained th ...
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Tamil Nadu
Tamil Nadu (; , TN) is the southernmost States and union territories of India, state of India. The List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of India by population, sixth largest by population, Tamil Nadu is the home of the Tamil people, who speak the Tamil language—the state's official language and one of the longest surviving Classical languages of India, classical languages of the world. The capital and largest city is Chennai. Located on the south-eastern coast of the Indian peninsula, Tamil Nadu is straddled by the Western Ghats and Deccan Plateau in the west, the Eastern Ghats in the north, the Eastern Coastal Plains lining the Bay of Bengal in the east, the Gulf of Mannar and the Palk Strait to the south-east, the Laccadive Sea at the southern Cape (geography), cape of the peninsula, with the river Kaveri bisecting the state. Politically, Tamil Nadu is bound by the Indian sta ...
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Indian Statistical Institute
The Indian Statistical Institute (ISI) is a public research university headquartered in Kolkata, India with centers in New Delhi, Bengaluru, Chennai and Tezpur. It was declared an Institute of National Importance by the Government of India under the Indian Statistical Institute Act, 1959. Established in 1931, it functions under the Ministry of Statistics and Programme Implementation of the Government of India. Primary activities of ISI are research and training in statistics, development of theoretical statistics and its applications in various natural and social sciences. Key areas of research at ISI are statistics, mathematics, theoretical computer science and mathematical economics. It is one of the few research oriented Indian institutes offering courses at both the undergraduate and graduate level. Apart from the degree courses, ISI offers a few diploma and certificate courses, special diploma courses for international students via ISEC, and special courses in collaborati ...
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Shriram Group
Shriram Group is an Indian Conglomerate (company), conglomerate headquartered in Chennai. It was founded on 5 April 1974 by R. Thyagarajan (industrialist), R. Thyagarajan, AVS Raja and T. Jayaraman. The group had its beginning in chit funds business and later on entered the lending and insurance businesses. Companies *Shriram Finance is the flagship company of the Group which provides financial services such as commercial vehicle finance, passenger vehicle finance, small and medium enterprise, SME finance and retail lending (personal loans, gold loans and two-wheeler loans). It was formed in 2022 as the result of a merger of Shriram City Union Finance and Shriram Capital into Shriram Transport Finance. *Shriram Life Insurance is the life insurance arm of the group, and a joint venture between Shriram Group and South African company Sanlam. *Shriram General Insurance is engaged in commercial and retail vehicle insurance, home insurance and travel insurance. It is a joint venture ...
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Padma Bhushan
The Padma Bhushan (IAST: ''Padma Bhūṣaṇa'', lit. 'Lotus Decoration') is the third-highest civilian award in the Republic of India, preceded by the Bharat Ratna and the Padma Vibhushan and followed by the Padma Shri. Instituted on 2 January 1954, the award is given for "distinguished service of a high order ... without distinction of race, occupation, position or sex". The award criteria includes "service in any field including service rendered by Government servants" including doctors and scientists, but exclude those working with the public sector undertakings. , the award has been bestowed on 1341 individuals, including 38 posthumous and 101 non-citizen recipients. The Padma Awards Committee is constituted every year by the Prime Minister of India and the recommendations for the award are submitted between 1 May and 15 September. The recommendations are received from all the state and the union territory governments, as well as from Ministries of the Government o ...
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Financial Service
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ...
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AVS Raja
Aroor Venkatachari Srinivasaraghavan (AVS) Raja (born 23 March 1939 in Aroor, India) was one of the founders of Shriram Group of companies. He died on 14 April 2022 due to a lung infection and cancer. Biography Raja worked for Indian Railways before becoming co-founder of the Shriram along with R. Thyagrajan. His "Silver Medallion campaign" took the small company to national recognition. In 1985 Raja convinced all the part-time Chief Regional Managers of UTI (Unit Trust of India - SOUTH )to become the regional managers for Shriram Group to develop and market various financial instruments of the group. Raja worked with the local community holding the posts of Managing trustee & Publisher of Amudhasurabi (a 63 years old Tamil Tamil may refer to: People, culture and language * Tamils, an ethno-linguistic group native to India, Sri Lanka, and some other parts of Asia **Sri Lankan Tamils, Tamil people native to Sri Lanka ** Myanmar or Burmese Tamils, Tamil people of Ind ... lit ...
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Tamils
The Tamils ( ), also known by their endonym Tamilar, are a Dravidian peoples, Dravidian ethnic group who natively speak the Tamil language and trace their ancestry mainly to the southern part of the Indian subcontinent. The Tamil language is one of the longest-surviving classical languages, with over two thousand years of Tamil literature, written history, dating back to the Sangam period (between 300 BCE and 300 CE). Tamils constitute about 5.7% of the Indian population and form the majority in the South Indian state of Tamil Nadu and the union territory of Puducherry (union territory), Puducherry. They also form significant proportions of the populations in Sri Lankan Tamils, Sri Lanka (15.3%), Tamil Malaysians, Malaysia (7%) and Indian Singaporeans, Singapore (5%). Tamils have migrated world-wide since the 19th century CE and a significant population exists in South Africa, Mauritius, Fiji, as well as other regions such as the Southeast Asia, Middle East, Caribbean and parts ...
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Indian Rupee
The Indian rupee (symbol: ₹; code: INR) is the official currency of India. The rupee is subdivided into 100 '' paise'' (Hindi plural; singular: ''paisa''). The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank derives this role from powers vested to it by the Reserve Bank of India Act, 1934. Etymology Pāṇini (6th to 4th century BCE), the ancient Indian grammarian and logician, writes of the (). While it is unclear whether Panini was referring specifically to coinage, some scholars conclude that he uses the term ''rūpa'' to mean a piece of precious metal (typically silver) used as a coin, and a ''rūpya'' to mean a stamped piece of metal, a coin in the modern sense. The ''Arthashastra'', written by Chanakya, prime minister to the first Maurya emperor Chandragupta Maurya (), mentions silver coins as . Other types of coins, including gold coins (), copper coins (), and lead coins (), are also mentioned. The immediate precursor to t ...
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Life Cell International
LifeCell International is an Indian biotechnology company established in 2004. It runs India's largest stem cell bank and has also diversified into diagnostics and tissue therapeutics. In 2017 the company launched a community stem cell banking which allows sharing of preserved umbilical cord stem cells among its members. The community stem cell banking is claimed to be among the largest and only one of its kind in India. It was reported in 2017 that LifeCell had preserved stem cells from 3,00,000 individuals in India and was expected to add 60,000 individuals every year in the future In September 2021 LifeCell secured ₹255 crore in funding by selling a minority stake to OrbiMed Asia Partners IV. Sunny Sharma who is the senior managing director at OrbiMed Asia will join the board of LifeCell after completion of this transaction. In 2013, the company raised ₹35 crore in a round of funding led by Helion Venture Partners and in 2017 promoters acquired the stake from Helion for ...
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Businesspeople From Tamil Nadu
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 t ...
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