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The company had to confront for the first time how its name sounded to native speakers of the English language; namely, "Toyota" has the English word "toy" in its first syllable. Toyota Motor Sales, USA 's first sales administrator James F. McGraw bluntly told his new Japanese supervisors after joining the company in 1959: "'Toy' sounds like a ...
The company's petrochemical, refining, and oil and gas-related operations form the core of its business; other divisions of the company include cloth, retail, telecommunications, and special economic zone (SEZ) development. In 2012–13, it earned 76% of its revenue from refining, 19% from petrochemicals, 2% from oil & gas and 3% from other ...
Initially, Maruti was majority owned by the Indian government, with Suzuki only taking a 26% stake during its establishment in 1982. The Indian government gradually reduced its stake, partially departed the business in 2003 by making it a public company and then sold all of its remaining shares to Suzuki Motor Corporation in 2007. [2] [12] [13]
IndiGo was founded in 2006 as a private company by Rahul Bhatia of InterGlobe Enterprises and Rakesh Gangwal, a United States–based expatriate Indian. [7] InterGlobe had a 51.12% stake in IndiGo and 47.88% was held by Gangwal's Virginia-based company, Caelum Investments.
The company's market value was US$271 million by this time. [22] The 12% portion of the company that was sold raised around US$25 million for the company, which enabled it to double its number of stores over the next two years. [23] By September 1992, Starbucks' share price had risen by 70%. [citation needed]
In response to this, and other claims that the company had broken previous promises to only sell essential items, Unilever's then-CEO, Alan Jope, said "We still believe that staying is the best option, both to prevent our company from falling directly or indirectly into Russian hands and to protect our people."
The Coca-Cola Company is an American multinational corporation founded in 1892. It manufactures, sells and markets soft drinks including Coca-Cola, other non-alcoholic beverage concentrates and syrups, and alcoholic beverages.
By the mid-1990s, Wipro had become one of India's leading manufacturers of personal computers, peripherals, and medical diagnostic equipment. [12] In 1998, the company reported being the second-largest software exporter from India, [ 13 ] and gradually increased its focus on the higher- margin software services business which accounted for the ...