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VGL was founded as Vaibhav Enterprises in 1980. [1] It was later incorporated as Vaibhav Gems Limited in 1989 in Jaipur, India. The company became Vaibhav Global Limited in 1994 and went public in 1996-97. VGL continued expanding its manufacturing and retail capabilities and in 2005-06 it acquired the STS Group of companies. [1] [5]
For example, a 10% fall in the gold price to $540 per troy ounce ($17/g) will decrease that margin to $240, which represents a 20% fall in the mine's profitability, and possibly a 20% decrease in the share price. To reduce this volatility, some gold mining companies hedge the gold price up to 18 months in advance. This provides the mining ...
The Chennai Port, one of the biggest in South Asia. Chennai, formerly known as Madras, is the capital city of the Indian state of Tamil Nadu. As of 2022 the Nominal GDP of the Chennai metropolitan area is ₹ 756,055 crore (US$96.18 billion) [1]
Malabar Gold & Diamonds is an Indian jewellery group headquartered in Kozhikode, Kerala. The company was founded by M. P. Ahammed in 1993. [ 2 ] As of May 2023, it owns more than 330 showrooms across 11 countries, making it one of the largest chains of jewellery retailer in the world.
Tamil Nadu has the second largest economy of any state in India. [16] The state is also the most industrialised in the country. [17] [18] The state is 48.40% urbanised, accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census. [19]
An exclusive foodgrains market, the first such facility in the state, is under construction at the market complex at a cost of ₹ 690.7 million. It is being constructed in an area of 14.41 acres next to the existing wholesale vegetable market, with provision of godowns, parking space for trucks, public toilets, cement concrete roads, solar street lights, fire-fighting system, and water supply.
The Indian School of Business (ISB) was started in 1996 by a bunch of businessmen and academics. Co-founders Rajat Gupta and Anil Kumar, senior executives of McKinsey & Company, directed teams of McKinsey consultants to start the school.
Chennai, along with Mumbai, Delhi and Kolkata, is one of the few Indian cities that are home to a diverse population of ethno-religious communities. [2] According to the 2011 census Chennai then had a total population of 67,48,026 at a density of 15,840 per square kilometre spanning across an area of 426 km²; the sex ratio was 1025 and literacy rate was 90.33%. [3]