India time is 9.5 hours ahead of Eastern time. Therefore, if it is  11:30 p.m. Eastern, the time in India would be 9:00 a.m. 1 person found this useful.
Definition. A wholly owned subsidiary is a company that is completely owned by another company called the parent company or holding company. The parent company will hold all of the subsidiary's common stock.ummary. A wholly owned subsidiary is a company completely owned by another company. The company that owns the subsidiary is called the parent company or holding company.
The owning corporation is usually called the parent or holding company. A company that is 100% owned and controlled by ... Small Business. Explaining Affiliate, Associate And Subsidiary Affiliate, associate and subsidiary are all terms referring to the degree of ownership a parent company holds in another company.