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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
Products Bed linen, Towels, Furnishings
Revenue Increase INR16745.8 million (US$280 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, 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.
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4434 news items

 
Moneycontrol.com
Thu, 03 Jul 2014 20:26:09 -0700

Bull's Eye: Buy VIP Ind, Marico, Bombay Dyeing, Titan. Shahina Mukadam, Varun Capital advises buying Marico for a target price of Rs 254 and Radico Khaitan for a target price of Rs 116. Comments (1). Like this story, share it with millions of investors ...

Bar & Bench

Bar & Bench
Mon, 07 Jul 2014 23:31:52 -0700

Vidya Adsule, former Bombay Dyeing Vice President Legal, joins Hammurabi & Solomon (H&S), headed by Manoj Kumar, an alumnus of National Law School of India University and Harvard Business School. Vidya, who has over 25 years of experience, has ...

Zee News

Zee News
Wed, 02 Jul 2014 06:27:34 -0700

New Delhi: The latest reports in the Preity Zinta - Ness Wadia case suggest that the business scion has named nine people as witnesses. Earlier Preity had named over 30 people as her witness to the altercation at a IPL match.
 
Moneycontrol.com
Fri, 25 Jul 2014 07:15:00 -0700

There is still immense value in this Rs 6,500 crore company with a 50.75 percent stake in Britannia that is valued at approximately Rs 5,350 crore at the current market price and Bombay Dyeing BBTC holds 14.35 percent stake, which is valued at Rs 250 ...
 
MoneyGuru India
Sun, 27 Jul 2014 09:52:30 -0700

But through April-June, DIIs offloaded companies that can potentially gain from any rise in discretionary spend – Bata India, Page Industries, Arvind, Raymond, Bombay Dyeing, Vardhman Textile, Tata Global, Tata Coffee and United Spirits – and even ...
 
Daily News & Analysis
Fri, 11 Jul 2014 18:02:27 -0700

In 2003, the special judge framed charges against Kirti Ambani and others — Arjun Babaria, Ivan Sequeira and Ramesh Jagothia — for "criminally conspiring in 1988-89 to murder Nusli Wadia, then the chairman of Bombay Dyeing". The court specifically ...
 
Mumbai Mirror
Tue, 15 Jul 2014 16:54:12 -0700

In 2003, Kirti, Arjun Babaria, Ivan Sequeira and Ramesh Jagothia were charged with criminally conspiring in 1988-89 to murder Wadia, who was then chairman of Bombay Dyeing. Wadia's earlier statement to the CBI suggested that the prime accused were ...
 
Times of India
Thu, 10 Jul 2014 11:32:38 -0700

Mumbai: The Bombay HC on Thursday dismissed an appeal by Kirti Ambani, one of the main accused in a 23-year-old murder bid on industrialist Nusli Wadia. The appeal was against an order of the sessions court, which had allowed Wadia to depose as a ...
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