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The Bombay Dyeing & Mfg. Co. Ltd
Type Public (BSE500020, NSEBOMDYEING)
Industry Textiles
Founded 1879
Bombay, Bombay Presidency, British India
Headquarters

Neville House, J.N. Heredia Marg, Ballard Estate, Mumbai-400 038,

India
Key people Nusli Wadia – Chairman, Ratan Tata
Jehangir Wadia
Products Bed linen, Towels, Furnishings
Revenue Increase INR16745.8 million (US$270 million) (2009–2010)
Website www.bombaydyeing.com

Bombay Dyeing (full name: The Bombay Dyeing & Mfg. Co. Ltd., established 1879) is the flagship company of the Wadia Group, engaged mainly into the business of Textiles. Bombay Dyeing is one of India's largest producers of textiles.[1]

Its current chairman is Nusli Wadia.[2] In March 2011, Jehangir 'Jeh' Wadia (36), the younger son of Nusli, has been named the managing director of Wadia Group's flagship, Bombay Dyeing & Manufacturing Company, while the elder son, Ness (38) has resigned from the post of joint MD of the company.[3] Ratan Tata, the ex-chairman of Tata group was on the board of directors till 2013. He resigned and Cyrus Mistry took over.[4]

Bombay Dyeing was often in the news, apart from other things, for various controversies surrounding its tussle with the late Dhirubhai Ambani of Reliance Industries Limited and with Calcutta based jute baron late Arun Bajoria.[5]

Lackadaisical management has ensured that the company, which was ranked 68 in the Business India Super 100 list in 1997 has steadily lost ground and by 2010 ranked 300 in the ET 500 list.

The company sponsors many events, including Bombay Dyeing Gladrags Mrs. India contest.

References[edit]

  1. ^ "Bombay Dyeing – Bombay Dyeing India – Bombay Dyeing Group Profile – History of Bombay Dyeing". Iloveindia.com. 21 July 2007. Retrieved 2010-09-03. 
  2. ^ "http://economictimes.indiatimes.com Wadias-raise-Bombay-Dyeing". Economictimes.indiatimes.com. 11 February 2010. Retrieved 2010-09-03. 
  3. ^ "Nusli springs Jeh elevation surprise". The Times of India. 
  4. ^ PTI (20 February 2013). "Ratan Tata steps down as Director of Bombay Dyeing, Cyrus Mistry steps in". Financial Express. Retrieved 20 February 2013. 
  5. ^ "Dhirubhai Ambani rewrote India's corporate history". rediff.com. 7 July 2002. Retrieved 2010-09-03. 

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Bombay_Dyeing — Please support Wikipedia.
This page uses Creative Commons Licensed content from Wikipedia. A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia.

64 news items

VC Circle

Calcutta Telegraph
Wed, 20 Aug 2014 15:30:00 -0700

Calcutta, Aug. 20: Textile major Bombay Dyeing is betting big on a brand overhaul, which includes a facelift for its stores and new and contemporary home furnishing products. The company's domestic textile business has grown over the past one year ...
 
Economic Times
Tue, 09 Sep 2014 20:44:59 -0700

In a chat with ET Now, Sandeep Wagle, Founder & CEO of Power My Wealth, shares his views on Bombay Dyeing Ltd. ET Now: What is your call on Bombay Dyeing Ltd? Sandeep Wagle: Bombay Dyeing Ltd is a 'BUY' call with a target of Rs 80 and a stop ...
 
FashionUnited India
Thu, 21 Aug 2014 22:54:57 -0700

Leading textile company Bombay Dyeing is aiming to achieve 20 percent growth in revenue from the domestic textile business in the current fiscal. In the June quarter FY15, revenues from the textile segment soared 23 percent to Rs 134.73 crores over the ...

Free Press Journal

Free Press Journal
Wed, 03 Sep 2014 20:59:25 -0700

The plot was handed over by Bombay Dyeing to the BMC recently in accordance with the High Court's orders. Located behind the now-defunct Spring Mills, the plot is flanked by a make-shift slum on either side and a wall in the front. When this reporter ...

Firstpost

Firstpost
Thu, 11 Sep 2014 04:48:45 -0700

Sunteck Realty Ltd and Bombay Dyeing were among the major investors who invested their money overseas in August. Reliance Industries made an investment of $70 million in a wholly owned subsidiary (WOS) in the UAE, IL&FS Transportation Networks ...
 
Huffington Post
Thu, 11 Sep 2014 14:22:30 -0700

First of a three part series highlighting how the ties between the world two largest democracies are rooted in history. As Washington prepares for a historic visit by India's new Prime Minister Narendra Modi on September 29, many in America think that ...

IANS

Daijiworld.com
Thu, 11 Sep 2014 09:07:30 -0700

Chennai, Sep 11 (IANS): Indian corporate's total direct investment commitment overseas slid down by 49 percent to $1,253.67 million last month (August) as compared to the previous year's corresponding figures, said Reserve Bank of India (RBI) Thursday.

Business Standard

Business Standard
Tue, 16 Sep 2014 12:00:42 -0700

This was also the time when Ambanis were fighting a bitter battle with Nusli Wadia of Bombay Dyeing for supremacy in the petrochemicals business. The Indian Express, led by its feisty Chairman Ramnath Goenka and editor Arun Shourie, wrote a series of ...
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