Who is the owner of Wave group?

Founded by Kulwant Singh Chadha in 1963 as a liquor distribution company, the Wave group become a diversified conglomerate under Ponty Chadha. After his death in 2012, Manpreet and Raju were running the business together. Raju was then appointed as chairman.

How is Raju Chadha related to Ponty Chadha?

The Rs 15,000-crore diversified conglomerate is planning aggressive expansion in the areas of liquor and films, which will be led by Rajinder (Raju) Chadha, brother of late promoter Ponty Chadha, who has inherited 36% of the business.

Where did Ponty Chadha died?

New Delhi, India
Ponty Chadha/Place of death

Is Ponty Chadha alive?

Deceased (1957–2012)
Ponty Chadha/Living or Deceased

What is a wave group?

Definition of Wave group: A series of short-period waves bounded by an amplitude envelope of much larger periodicity, corresponding to the superposition of incident waves with slightly differing wave lengths and frequencies.

Who is the owner of Wave Mall Lucknow?

Ponty Chadha
Gurdeep Singh Chadha (22 October 1960 – 17 November 2012), also known as Ponty Chadha, was an Indian businessman who owned the Wave Group.

Why was Ponty Chadha killed?

Ponty Chadha, died on 17 November 2012 and his death remains mired in mystery. The cause of the death is said to be crossfire between him and brother Hardeep, though varied accounts of the incident can be found.

How did Ponty Chadha become rich?

According to reports, Ponty Chadha first shot dead his brother, whose bodyguards later fired at the liquor baron at his Chattarpur farmhouse. Liquor baron Ponty Chadha. From selling snacks by the roadside to owning a business empire worth around Rs.8,000 crore, Ponty Chadha’ s was a real rags to riches story.

What is wave Group How does the concept of wave group leads to?

In quantum mechanics a particle is described by a wave packet, which represents and symbolizes all about particle and moves with group velocity. Moreover the wave packet has velocity spread and hence there is uncertainty about the velocity or momentum of the particle.

Was Ponty Chadha a billionaire?

One of India’s most controversial tycoons Ponty Chadha was killed in a shootout with his brother at the weekend. Shantanu Guha Ray profiles the man who ran a vast business empire, estimated at $10bn (£6.2bn). The death of Gurdeep Singh ‘Ponty’ Chadha, one of India’s most powerful businessmen, remains mired in mystery.

Who is the owner of Wave City Ghaziabad?

(Ponty) Chadha
FOUNDER’S LEGACY. Mr. Gurdeep Singh (Ponty) Chadha was the guiding hand, architect and anchor of Wave Group.

How is wavewave group doing in Punjab?

Wave group has a distillery unit in Punjab under AB Sugar limited. In addition, it has a distillery and brewery plant under Wave Distilleries & Breweries Ltd in Aligarh in UP. The company has tied up for 80% of its capacity with liquor firm United Breweries for the latter’s flagship brand Kingfisher Beer.

Who is the owner of the wave group?

Founded by Kulwant Singh Chadha in 1963 as a liquor distribution company, the Wave group become a diversified conglomerate under Ponty Chadha. After his death in 2012, Manpreet and Raju were running the business together. Raju was then appointed as chairman.

Is wave group headed for a vertical split?

New Delhi: The Wave group, a Rs 15,000-crore diversified conglomerate, is headed for a vertical split between late promoter Ponty Chadha ’s son, Manpreet Singh Chadha, and younger brother Rajinder (Raju) Chadha, two persons aware of the development told ET.

Is Raju Chadha-Ponty Chadha’s Group assets being divided?

However, Raju Chadha’s spokesperson confirmed the development and said that the division of group assets was amicable. “Both sides have signed the agreement,” he said. Founded by Kulwant Singh Chadha in 1963 as a liquor distribution company, the Wave group become a diversified conglomerate under Ponty Chadha.