Hindustan Zinc

Hindustan Zinc Limited (HZL) is an integrated mining and resources producer of zinc, lead, silver and cadmium. It is a subsidiary of Vedanta Resources PLC. HZL is the world's second largest zinc producer. Its FY2011 revenues were Rs. 108.91 billion.

History

Hindustan Zinc Limited was incorporated from the erstwhile Metal Corporation of India on 10 January 1966 as a Public Sector Undertaking.

In 2001 as part of the Government's disinvestment program of loss making PSUs, the company was put up for sale.

In April 2002, Sterlite Opportunities and Ventures Limited (SOVL) made an open offer for acquisition of shares of the company; consequent to the disinvestment of Government of India's (GOI) stake of 26% including management control to SOVL and acquired additional 20% of shares from public, pursuant to the SEBI Regulations 1997. In August 2003, SOVL acquired additional shares to the extent of 18.92% of the paid up capital from GOI in exercise of call option clause in the share holder's agreement between GOI and SOVL.

Hindustan

Hindustan (Hindi: हिन्दुस्तान ; Urdu: ہندوستان‎ ; IAST: Hindustān ; [ɦɪnd̪ʊˈst̪aːn];  pronunciation ;) is a common geographic term for the northern/northwestern Indian subcontinent.

Etymology

Hindustan is derived from the Modern Persian word Hindū. In Old Persian, the region beyond the Indus River was referred to as Hinduš (the Iranic equivalent of Sanskrit Sindhu), hence Modern Persian Hind, Hindū. This combined with the Persian suffix -stān (meaning literally "place", and having the same origin as the Sanskrit word sthān and the English word "stand") results in Hindustan, "land of Hind". By about the first century BC, the term "Hein-tu" was used by the Chinese to refer to North Indian people. The term came into common use under the rule of the Mughals, who referred to their dominion, centered on Delhi, as 'Hindustan'.

Current usage

Geographic area

The term "Hindustan" has been historically applied to the Gangetic Plain of North India, between the Himalayas and the Vindhyas and the Indus river basin in Pakistan.

Hindustan (disambiguation)

Hindustan was the name of the northwestern subcontinent in medieval times as established by the Mughal Empire before the British Empire, and is used in some contexts to refer to the modern state.

Hindustan may also refer to:

Companies

Club

Media

Transportation

Hindustan Motors

Hindustan Motors is an Indian automotive manufacturer based in Kolkata, West Bengal, India. It is a part of the Birla Technical Services industrial group. The company was the largest car manufacturer in India before the rise of Maruti Udyog.

Hindustan Motors was the producer of the Ambassador motorcar, which was once a mainstream car India, based on 1956 Morris Oxford series III and was in production from 1957 until 2014. Production of the Ambassador ceased on 24 May 2014.

One of the original three car manufacturers in India, founded in 1942 by Mr. B.M.Birla, it was a leader in car sales until the 1980s, when the industry was opened up from protection. All through its history, the company has depended on government patronage for its sales and for survival by eliminating competition. Manoj Jha was the Managing Director and R. Yeshwanth. Manoj Jha stepped down from the post on 21 February 2012. It began in Port Okha near Gujarat; in 1948, it moved to West Bengal. The place is now called Hindmotor.