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The Ponzi Scheme is named after him. He claimed he would double investors' money in 90 days through a bizarre plan to buy and resell international postal-reply coupons. (These, according to the U.S. Postal Service, then operating as the Post Office Department, actually cannot be redeemed for cash.)
International reply coupon. An international reply coupon (IRC) is a coupon that can be exchanged for one or more postage stamps representing the minimum postage for an unregistered priority airmail letter sent to another Universal Postal Union (UPU) member country. IRCs are accepted by all UPU member countries.
shipindia.com. The Shipping Corporation of India ( SCI) is a public sector undertaking that operates and manages vessels servicing both national and international lines. It is under the ownership of the Government of India and under administrative control of the Ministry of Ports, Shipping and Waterways, with its headquarters in Mumbai. [ 5]
Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
Chowgule Global. Chowgule Shiprepair Pvt Ltd - An Advanced Syncrolift Facility. Cochin Shipyard Limited. Kochi. State-owned. Government of India. Subsidiaries - Hooghly Cochin Shipyard Limited, Udupi Cochin Shipyard Limited. Dempo Shipbuilding & Engineering Private Limited. Goa.
Coupon. In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product . Customarily, coupons are issued by manufacturers of consumer packaged goods [ 1] or by retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail ...
The Calcutta and Burmah Steam Navigation Company had been formed out of Mackinnon, Mackenzie & Co, a trading partnership of the Scots William Mackinnon and Robert Mackenzie, to carry mail between Calcutta and Rangoon. It became British India SN Co in 1862. Under the hand of Lord Inchcape, who had become chairman in 1913, the company became part ...
India is a signatory to Hong Kong International Convention for the safe and environmentally sound recycling of ships. India plans to pass the "Recycling of Ships Act, 2019" to ratify the Hong Kong treaty. This will allow India to capture its targeted 60% in the global ship breaking business while doubling the annual to US$2.3 billion target. [10]