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.
Wholly owned Nike subsidiaries include: Converse, the athletic footwear and clothing company; Bauer NIKE Hockey, the world's leading manufacturer of hockey equipment; Cole Haan, which designs, markets, and distributes casual luxury footwear and accessories; and Hurley International LLC, an action sports and youth lifestyle brand.