Tag: geography

A price lower than the market price is called issue price. The price at which a new security will be distributed to the public prior to the new issue trading on the secondary market. Also commonly referred to as offering price.

The farmers are paid a pre-announced price for their crops. This price is called Minimum Support Price (MSP). The MSP is declared by the government every year before the sowing season to provide incentives to the farmers for raising the production of these crops.

Yes bank limited was founded by Rana Kapoor and Ashok Kapur in 2004. It is India's fourth largest private sector bank that operates as a corporate bank with retail banking and asset management as corporate functions. 

Parakh Foods had built a large marketing network in various parts of India, where its brand was well-reputed. Also, Parakh Foods had four oil refineries, whose control has now shifted to Cargill. Cargill is now the largest producer of edible oil in India, with a capacity to make 5 million pouches daily! 

Buyers in India now have the option of choosing between Indian and the Chinese toys. Because of the cheaper prices and new designs, Chinese toys become more popular in the Indian markets. 

Containers have led to huge reduction in port handling costs and increased the speed with which exports can reach markets. Similarly, the cost of air transport has fallen.  This has enabled much greater volumes of goods being transported by airlines.

Tata Iron and Steel Company was founded by Jamshedji Tata and established by Dorabji Tata on 26 August 1907. Its largest plant located in Jamshedpur, Jharkhand. TISC has been recognized as one of the largest steel manufacturers and suppliers of steel products.