Bombay Dyeing

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The Bombay Dyeing & Mfg. Co. Ltd
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
Chairman Jehangir Wadia
Products Bed linen, Towels, Furnishings
Revenue Increase 16,745.8 million (US$230 million) (2009–2010)
Parent Wadia Group
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 primarily in 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, was named the managing director of Wadia Group's flagship, Bombay Dyeing & Manufacturing Company, while the elder son, Ness (38) 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]

Shares of Bombay Dyeing & Manufacturing Company Ltd surged 10 percent to hit the upper price band of Rs 115 on Thursday.[6]

See also

References

  1. ^ "Bombay Dyeing – Bombay Dyeing India – Bombay Dyeing Group Profile – History of Bombay Dyeing". Iloveindia.com. 21 July 2007. Retrieved 2010-09-03.
  2. ^ "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. Archived from the original on 19 February 2014. Retrieved 20 February 2013.
  5. ^ "Dhirubhai Ambani rewrote India's corporate history". rediff.com. 7 July 2002. Retrieved 2010-09-03.
  6. ^ https://www.cnbctv18.com/market/stocks/bombay-dyeing-shares-jump-10-to-hit-upper-circuit-1272031.htm
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