who had established their trading company in chandernagore
Chandannagar The First Director of the French East India Company, Deslandes paid 40,000 coins to the Mughal subahdar in 1688 to gain control of the area and build a factory there. But the first Frenchman to possess any subsequent land holding in this area was Du Plessis who bought land of 13 Arpents at Boro Kishanganj, now loacted at North Chandannagar for Taka 401 in the year 1673-74.
Hindustan Aeronautics Limited HAL was established as Hindustan Aircraft in Bangalore in 1940 on 23 December 1940. Hindustan Aircraft Company was incorporated under the Mysore Companies Act as a private Ltd Company. Walchand–Tulsidas-Khatau Ltd was the Managing agency. Its first directors were: Walchand Hirachand, Chairman, Tulsidas Khilachand, Dharmsey Mularaj Khatau, A.N.Raghavachar (Mysore State representative), Venkatanaranappa (Mysore State representative). Company’s office was opened at a bungalow called "Eventide" on Domlur Road.The initiative was actively encouraged by the Kingdom of Mysore, especially by its Young Maharaja, H.H.Jayachamarajendra Wadiyar and the Diwan, Sir Mirza Ismail. Walchand had first approached share holders of his own company, The Scindia Steam Navigation Company Ltd, for diversifying but was refused. He then wrote to the Rulers of Baroda, Gwalior and Bhavanagar without success. Only Maharaja of Mysore responded favourably by agreeing to invest 25 lakhs and gave initial 700 acres of land free.