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Tata Textiles
Tata Textile Mills was a textile mills business of Tata Group, with its head office in Bombay. It consisted of four textile mills; namely, Central India Mills also popularly known as Empress Mills in Nagpur, the Svadeshi Mills in Bombay, the Tata Mills in Bombay, and the Advance Mills in Ahmedabad.Claude Markovits. Indian Business and Nationalist Politics 1931-39: The Indigenous Capitalist Class and the Rise of the Congress Party'. Cambridge University Press; 16 May 2002 [Retrieved 3 March 2017]. . p. 31. For several decades the four mills produced and sold fabrics under the much-reputed brand name of Tata Textiles. Tata made its first entry into manufacturing and industry in 1874, when it founder, Jamsetji Tata, started The Central India Spinning, Weaving and Manufacturing Company in Victoria Mills, later renamed Empress Mill when Queen Victoria was proclaimed Empress of India on 1 January 1877. In 1887, Jamsetji purchased the failing Dharamsi Mills located at Kurla, r ...
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Tata Group
The Tata Group () is an Indian multinational conglomerate group of companies headquartered in Mumbai. Established in 1868, it is India's largest business conglomerate, with products and services in over 160 countries, and operations in 100 countries. There are total 29 publicly listed Tata Group companies with a combined market capitalisation of ₹33.7 trillion (US$403 billion) as of 20 August 2024. History During the cotton boom in Bombay triggered by the American Civil War, Jamsetji Nusserwanji Tata, Jamshedji Nusserwanji Tata and his father became involved with the Asiatic Banking Corporation. However, when the market declined, the firm faced significant financial difficulties. In 1868, the family’s fortunes improved substantially after securing a share in a profitable contract to supply the commissariat for British expedition to Abyssinia, Napier's expedition to Abyssinia. Throughout his career, Tata remained focused on four major aspirations: establishing an iron ...
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BIFR
The Board for Industrial and Financial Reconstruction (BIFR) was a development finance institution under the ownership of Ministry of Finance, Government of India, part of the Department of Financial Services of the Ministry of Finance. Set up in January 1987 by the Rajiv Gandhi government, its objective was to determine sickness of industrial companies and to assist in reviving those that may be viable and shutting down the others. On 1 December 2016, the Narendra Modi government dissolved BIFR and referred all proceedings to the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) as per provisions of Insolvency and Bankruptcy Code. History The BIFR was established under The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA). The board was set up in January 1987 and became functional as of 15 May 1987. A new industrial policy was tabled in Parliament on 24 July 1991 aiming to maintain growth in productivity and gainful emplo ...
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Defunct Companies Based In Mumbai
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ...
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Manufacturing Companies Based In Mumbai
Manufacturing is the creation or Production (economics), production of goods with the help of equipment, Work (human activity), labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of Human behavior, human activity, from handicraft to High tech manufacturing, high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector of the economy, primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, Major appliance, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engine ...
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Former Tata Group Subsidiaries
A former is an object, such as a template, gauge or cutting die, which is used to form something such as a boat's hull. Typically, a former gives shape to a structure that may have complex curvature. A former may become an integral part of the finished structure, as in an aircraft fuselage, or it may be removable, being used in the construction process and then discarded or re-used. Aircraft formers Formers are used in the construction of aircraft fuselage, of which a typical fuselage has a series from the nose cone to the empennage, typically perpendicular to the longitudinal axis of the aircraft. The primary purpose of formers is to establish the shape of the fuselage and reduce the column length of stringers to prevent instability. Formers are typically attached to longerons, which support the skin of the aircraft. The "former-and-longeron" technique (also called stations and stringers) was adopted from boat construction, and was typical of light aircraft built until t ...
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Manufacturing Companies Disestablished In 1997
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final produ ...
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Shapoorji Pallonji Group
Shapoorji Pallonji & Company Private Limited (SPCPL), trading as Shapoorji Pallonji Group, is an Indian conglomerate headquartered in Mumbai. Its primary business interests include construction and engineering, infrastructure, real estate, energy, and textiles, among others. The company was headed by a grandson of founder Pallonji Mistry, also named Pallonji Mistry, until 2012, when he announced his retirement and the succession of his son, Shapoor Mistry. Shapoorji Pallonji is regarded as "one of India's most valuable private enterprises". The Shapoorji Pallonji Group has three listed companies– Afcons Infrastructure, Forbes & Company Ltd, and Gokak Textiles. The company is known for building some of Mumbai's landmarks around the Fort area, including the Hong Kong Bank, Grindlays Bank, Standard Chartered Bank and Reserve Bank of India building, Bombay Stock Exchange building and Taj Intercontinental. Apart from these, the company has built Al Alam Palace for the Sult ...
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National Textile Corporation
National Textile Corporation is a central public sector undertaking under the ownership of Ministry of Textiles, Government of India. It owns 23 working textile mills which produce yarn and fabric. The company was incorporated in April 1968. NTC had made a turnaround within a short span to emerge as a debt-free company with a highly competitive revival strategy. Apart from re-branding, NTC had developed a new marketing and corporate strategy that included revamping of all NTC stores and setting up of new stores. The National Textile Corporation Limited (NTC) was incorporated in April 1968 for managing the affairs of sick textile undertakings, in the private sector, taken over by the Government. Starting with 16 mills in 1968, this number gradually rose to 103 by 1972–73. In the year 1974 all these units were nationalised under the Sick Textile Undertakings (Nationalization) Act 1974. The number of units increased to 119 by 1995. These 119 mills were controlled by NTC(HC) Ltd ...
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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 ...
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Parel
Parel (ISO 15919, ISO: Paraḷ, pronunciation: Help:IPA/Marathi, [pəɾəɭ]) is a neighbourhood in the south of Mumbai, Maharashtra, India. Originally one of the Seven Islands of Bombay, Parel became an industrial center after the unification of the islands of Bombay. Parel housed a large number of textile mills, but has gradually evolved into a business district, as most mills have been replaced by commercial office spaces and Tower block, high-rise residential development. History Originally, Parel was a separate island, one of the Seven Islands of Bombay. The Parel Relief or (Parel Shiva) is an important monolithic relief of the Hindu god Shiva in seven forms. It is dated back to the late Gupta period, in the 5th or 6th century AD by the ASI. It was found in Parel when a road was being constructed in 1931, and moved to the nearby Baradevi Temple, where it remains in worship, in its own room. The name Parel has its roots from the ''Parali Vaijanath Mahadev'' temple dedi ...
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