India Tobacco Company (ITC Limited)
Type | |
Industry | |
Founded | 1790 (as Wills & Co.) |
Founder(s) | |
Headquarters | 37, J.L.Nehru Road, Kolkata, West Bengal, India |
Key people | Y.C. Deveshwar, Chairman Kurush Grant, Exec. Director, P. Dhobale, Exec. Director, Nakul Anand, Exec. Director, Rajiv Tandon, CFO, (with effect from 02.01.2011) |
Revenue |  US$6 billion (2009) |
Employees | 26,150 (2009) |
Henry Overton Wills
(Founder Of ITC)
About ITC
ITC was incorporated on August 24, 1910 under the name Imperial Tobacco Company of India Limited. As the Company's ownership progressively Indianised, the name of the Company was changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited in 1970 and then toI.T.C. Limited in 1974. In recognition of the Company's multi-business portfolio encompassing a wide range of businesses - Cigarettes & Tobacco, Hotels, Information Technology, Packaging, Paperboards & Specialty Papers, Agri-business, Foods, Lifestyle Retailing, Education & Stationery and Personal Care - the full stops in the Company's name were removed effective September 18, 2001. The Company now stands rechristened ''.
The Company’s beginnings were humble. A leased office on Radha Bazar Lane, Kolkata, was the centre of the Company's existence. The Company celebrated its 16th birthday on August 24, 1926, by purchasing the plot of land situated at 37, Chowringhee, (now renamed J.L. Nehru Road) Kolkata, for the sum of Rs 310,000. This decision of the Company was historic in more ways than one. It was to mark the beginning of a long and eventful journey into India's future. The Company's headquarter building, 'Virginia House', which came up on that plot of land two years later, would go on to become one of Kolkata's most venerated landmarks.
Though the first six decades of the Company's existence were primarily devoted to the growth and consolidation of the Cigarettes and Leaf Tobacco businesses, the Seventies witnessed the beginnings of a corporate transformation that would usher in momentous changes in the life of the Company.
ITC's Packaging & Printing Business was set up in 1925 as a strategic backward integration for ITC's Cigarettes business. It is today India's most sophisticated packaging house…
Presented By : Ragulraj MBA - B
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MAFOIRANDSTAD (mafoi)
“Good To Know You” is not just our philosophy. It is fundamental to our practice, the key to our success and at the heart of everything we do. We focus on really getting to know our clients and candidates and building a good relationship with them. This approach better enables us to make an ideal match between candidates and employers, and not only meet their needs, but exceed their expectations. They experience us not just as professional and driven, but also friendly and open.
Being in the people business and one of the world’s biggest employers, we believe that people are our assets. As we strongly believe that success depends largely on the people, we employ the best people, and give them a best work environment, training, opportunities and support, so that they can develop to their full potential.
Being in the people business and one of the world’s biggest employers, we believe that people are our assets. As we strongly believe that success depends largely on the people, we employ the best people, and give them a best work environment, training, opportunities and support, so that they can develop to their full potential.
MANAGEMENT
K. Pandia Rajan - Founder & Non-Executive Chairman
Founded Ma Foi Management Consultants Limited in 1992 with an aim to make it a one-stop shop for all HR needs and provide integrated and professional HR services for clients worldwide. He has played a crucial role in the evolution of the HR Industry in India and has pioneered the concept of HR outsourcing in India. |
Hemalatha Rajan, Co-Founder & Director
Hemalatha Rajan is the co-founder of Ma Foi Management Consultants Limited and has played a pivotal role in building Ma Foi into an organization which works with passion, integrity, transparency and commitment. A Finance professional with over 20 years of experience in Finance, Audit and Executive Search, she heads the financial, administrative & HR activities in Ma Foi Randstad and has played a key role in enabling the evolution of key systems and practices in accounting and administration and organization policies. She holds a Bachelor’s Degree in Commerce from the Nagpur University and earned an FCA degree prior to working as an Auditor. |
E. Balaji - MD & CEO
Balaji E is the MD & CEO of Ma Foi Randstad and heads India and Sri Lanka.  He has over 17 years of experience, which began at Ma Foi in 1994. With extensive exposure to several industry sectors and wide business acumen, Balaji has been instrumental in designing recruitment processes using multi-pronged strategies for attracting the right talent. In his last role in the company, he was heading the Staffing Solutions business which comprises of Permanent Staffing, Flexi Staffing, Career Skills Training and Assessment service offerings of Ma Foi Randstad. |
MAJOR MILESTONES |
2009
- EmmayHR integrates with Ma Foi
2008
- Ma Foi becomes a part of Randstad, the 2nd largest HR Company in the world.
- takes over the management responsibilities of Team4U, a staffing company
2007
- entry in new markets - China, Thailand and Hong Kong
2006
- strategic diversification into IT, through a wholly owned subsidiary - Minvesta Infotech Ltd.
2005
- merger of consulting & outsourcing businesses & formation of a separate subsidiary - Ma Foi Consulting Solutions Ltd.
- spin-off of the executive search Business - Ma Foi Global Search Services Ltd. is launched
2004
- Ma Foi becomes a part of Vedior - World's largest specialist staffing major
- launch of Ma Foi Academy - the career training business
- Ma Foi emerges as the leader in flexi staffing with 10,000 deputee strength
2003
- further expansion within India through Franchisee network
2002
- flexi staff grows over 5000
2001
- foray into the international market
1998
- introduction of HR outsourcing & Executive Search
- first Bonus Issue
1996
- turnover of INR 0.1 Billion & expansion to multiple locations in India
1992
- inception of Ma Foi with a starting capital of INR 60,000
Presented By : Priyatharshini MBA - A
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