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Bombay Dyeing & Manufacturing Company Limited is an Indian textile company headquartered in Mumbai, India. [1] It operates as a subsidiary of the Wadia Group and is ...
Wadia Group is an Indian multinational conglomerate, founded in Surat, headquartered in Mumbai.It was founded by Lovji Nusserwanjee Wadia in 1736 and is the oldest company in India, with its subsidiary The Bombay Burmah Trading Corporation Limited, established in 1863, being the oldest publicly traded Indian company. [3]
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Bombay Stock Exchange: 1875 British India Corporation: 1876 Arthur Henry Wheeler (A. H. Wheeler) 1877 Crompton Greaves (CG Power and Industrial Solutions) 1878 The Hindu Group: 1878 Bombay Dyeing: 1879 Calcutta Tramways Company: 1880 Sri Venkateswar Steam Press: 1880 Thomas Cook India: 1881 Dabur India Ltd. 1884 Bechar Meghji & Sons: 1884
After Nowrosjee died, Bombay Dyeing was passed down to his son, Ness Wadia (later "Sir Ness" after he received a knighthood for services to the British Raj). Sir Ness became a prominent textile industrialist and played an important role during the late 19th century in turning the city of Bombay into one of the world's largest cotton trading ...
In 1962, Nusli entered Bombay Dyeing as a trainee in the spring mills. In 1970, Nusli was appointed joint managing director. In 1971, Nusli learned that his father was planning to sell the company to R. P. Goenka and move abroad. Nusli was only 26 at the time and had his own ambitions to run the company.
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