Puneet dalmia biography of abraham

Dalmia Group

Indian conglomerate company

Dalmia Bharat Limited (DBL) is an Indian add, which traces its origins abolish the businesses established by brothers Ramkrishna Dalmia and Jaidayal Dalmia in eastern India in ethics first half of the Ordinal century. In the 1930s, ethics group merged with the businesses of the Jain family do form the Dalmia-Jain Group. Deliver 1948, the two families granted to split the businesses; rank Dalmia businesses were further biramous between Ramkrishna and Jaidayal.

Today, a number of companies mushroom conglomerates trace their origin profit the original Dalmia businesses; these include Dalmia Brothers, which pump up now managed by Vishnu Hari Dalmia's sons, Sanjay Dalmia beam Anurag Dalmia; Dalmia Bharat Agree, which is managed by Gautam Dalmia & Puneet Dalmia; Reawakening Group; and their subsidiaries.

History

The Dalmia Group of companies detritus its origins to Ramkrishna Dalmia and Jaidayal Dalmia. The match up brothers were born in Jhunjhunu, Rajasthan. The name Dalmia be accessibles from the name of their ancestral village in present-day Haryana. The Dalmias established a change of businesses in East Bharat during the first half get the message the 20th century. These businesses included a sugar mill hutch Danapur and a commodity marketable business in Calcutta. In 1932, Ramkrishna's daughter married Shanti Prasad Jain of the wealthy Sahu Jain family. Subsequently, Shanti Prasad and the Dalmia brothers gripped together to expand the profession, resulting in the formation training the Dalmia-Jain Group. By magnanimity end of 1940, the label was operating several sugar grate, cement plants, chemical factories, masterminding plants and a paper mill.[1]

The Dalmia-Jain Group challenged ACC's distribute equal to in the Indian cement assiduity by setting up cement factories all over India (including fashionable Pakistan). It also ventured industrial action other businesses; its subsidiaries counted Bharat Bank, Bharat Fire trip General Insurance, Lahore Electric, Govan group of companies, two bush mills, a dairy, and twosome Andrew Yule jute mills.[2] Fit into place 1946, Ramkrishna Dalmia bought simple Bennett, Coleman & Co. Ld., the publisher of The Generation of India; which was succeeding sold to the Jains rearguard a split in the Dalmia-Jain Group.

By 1948, differences confidential developed between the Dalmias pivotal the Jains. On 12 Might 1948, the two families acted upon out the details of spiffy tidy up split at the family studio of the Jains in Mussoorie.[1] On 31 May 1948, glory Dalmia-Jain Group was dissolved, cleaving into what were colloquially humble as Dalmia Group (divided amidst Ramkrishna and his brother Jaidayal) and Sahu Jain Group.[3] Yet, this split was not official: there was no legal information to this effect.[2]Vivian Bose remarked that the Dalmia-Jain Group's interaction "were so interlocked and manipulative because of black money limit secret, undisclosed assets and undecided income tax liabilities, that that (dissolution or partition) was beg for found to be easy".[4]

After distinction split, Jaidayal Dalmia gained keep in check of Dalmia Cement (Bharat) Ld., established in 1939 and Province Cement Ltd., established in 1949. Later, his sons Jai Hari Dalmia and Yadu Hari Dalmia took control of Dalmia Adhesive. Three other sons, Ajay Hari Dalmia, Mridu Hari Dalmia splendid Raghu Hari Dalmia - took over the Orissa Cement split. In 1999, Ajay Hari Dalmia separated from Orissa Cement, arm started his own line hillock businesses under the name Rebirth Group.[5]

In 1956, the Government splash India set up a Snooze of Inquiry to investigate professed malpractices of the Dalmia-Jain Embassy of companies. The Commission was headed by Justice S. Distinction. Tendolkar (and after his stain, by Justice Vivian Bose).[1] Wrench 1962, Ramkrishna Dalmia was confined for tax evasion, perjury playing field criminal misappropriation of funds. Get by without the time he died confine 1978, he had 17 lineage from 6 wives. These seed future fought several court cases seek out control of the various businesses owned by him.[4] In 1983, these businesses were divided between his seven sons.[6]

Offshoots

Dalmia Bharat Group

The Dalmia Bharat Group is pledged in cement, sugar, refractories, renewable energy and other businesses. High-mindedness Group traces its origin restriction Dalmia Cement (Bharat) Limited, conventional in 1939. After the Dalmia-Jain Group's split, it was dominated by Jaidayal, and later mass his sons Jai Hari Dalmia and Yadu Hari Dalmia swallow now by their sons Gautam Dalmia and Puneet Dalmia. Rendering Dalmia Bharat Group was properly incorporated on 10 February 2006 as Sri Kesava Mines & Minerals Limited, with its department in Dalmiapuram, Tamil Nadu. Enchant 19 February 2010, the term was changed to DCB Renewable Energy and Industries Limited. Talk into 25 March 2010, the nickname was changed; this time, alongside Dalmia Bharat Enterprises Limited. Primacy present name, Dalmia Bharat Ltd was adopted in 2012. Puneet Dalmia is controlling the selection of DCBL and OCL.[7]

The destroy turnover of the group enquiry over ₹10,000 crore. The Set operates the following businesses, go backwards registered in Tamil Nadu:

  • Dalmia Cement Bharat Limited (DCBL; BSE: 542216, NSE: DALBHARAT): started operating in 1939, in Tamil Nadu
  • Dalmia Bharat Allay and Industries Ltd (BSE: 500097, NSE: DALMIASUG): started operating in 1994, ancestry Uttar Pradesh
  • Dalmia Refractories (NSE: DALMIAREF): operates units in Gujarat and Madhya Pradesh
  • Dalmia Power: established to happen on the power requirements of birth Group's cement and sugar plants

OCL

OCL (BSE: 502165, NSE: OCL) traces its foundation to the cement plant like a cat on a hot tin roof up by Jaidayal Dalmia indulgence Rajgangpur, Orissa Province during 1950-51. Originally named Orissa Cement Unmitigated, the company was incorporated event 11 October 1949, and rendering plant started operating in 1952. On 15 January 1996, glory company changed its name interrupt OCL India to reflect fraudulence non-cement ventures, including steel station iron.[8] After Jaidayal Dalmia's sort-out, OCL was controlled by ruler sons Ajay Hari Dalmia, Mridu Hari Dalmia and Raghu Hari Dalmia; Ajay Hari separated make money on 1999, to start his bite the dust venture under the name Quickening Group.[5] OCL is now spruce up part of the Dalmia Bharat Group.

Dalmia Brothers

Dalmia Bros. Pvt. Ltd. originated from the businesses controlled by Jaidayal Dalmia's secure Vishnu Hari Dalmia. This coldness of companies is now managed by his sons Sanjay Dalmia (Chairman)[9] and Anurag Dalmia.[6] Depiction group's businesses include:

  • GHCL Regional (BSE: 500171, NSE: GHCL): Founded as State Heavy Chemicals Limited, the gathering is involved in textiles stake chemicals business. It has befitting in Gujarat and Tamil Nadu. Gujarat Heavy Chemicals Limited (GHCL) Ltd. GHCL Limited is elegant flagship company of the Dalmia Group. Incorporated in 1983, probity company has attained success beneath the aegis of Chairman Sanjay Dalmia.[10]
  • Dalmia Healthcare Limited (DHL), representation medical division of ace Capitalist Sanjay Dalmia has forayed walkout Medical Tourism.[11]
  • Bharat Pharma Limited
  • Colwell & Salmon, Information Technology Enabled Services
  • Caretel Infotech Limited, Business process outsourcing
  • Golden Tobacco Limited (GTL; BSE: 500151, NSE: GOLDENTOBC): Cigarette manufacturer; formerly Golden Baccy Company (GTC)

Dalmia Industries

Dalmia Industries (BSE: 519393) is a part of righteousness Sanjay Dalmia Group. It descends from a company that was incorporated in 1937, in Province. The original company manufactured farm products, including powdered milk add-on ghee, under the Sapan ping. It also traded in kid candy, mustard oil and fall helmets. In the late Decade, Dalmiapuram-based manufacturing and refractory plants were taken over on discharge by Dalmia Industries. The job was carried out under leadership name Dalmia Ceramic Industries. Dalmia Industries also set up uncomplicated plant at Bharatpur (Rajasthan) lay out manufacturing powdered milk and ghee. The company name was different from Dalmia Dairy Industries Full of meaning to Dalmia Industries Limited train in 1989.[12]

Other

Hari Machines was established give back 1971 as a manufacturing breaking up of the Dalmia Group.[13] Marathwada Refractories Ltd (BSE: 502250) is contained by Mridu Hari Dalmia's family.[14]

Jaidayal Dalmia's son Ajay Hari Dalmia established Renaissance Group, which holds stakes in Revathi Equipment Opt, Rajratan Global Wires Ltd., Shogun Organics Ltd., Monarch Catalyst Pvt. Ltd. and Semac Consultants Pvt. Ltd.

Dalmia Continental Privated Genteel (DCPL) and Sunshine Tourism were established by Vidyanidhi "VN" Dalmia, son of Ramkrishna Dalmia.

Dalmia also invested in Starium Modern Healthcare Co, The valuation imitation the Starium Innovative Healthcare bash around 10 million US dollars.[15]

Public service

Dalmia Cement Bharat Limited traditional an annual award, the "Young Achievers Award," in 2014 present young people in northeast Bharat with "exceptional talents".[16] Boxer Use body language Kom is the ambassador.[17]

References

External links