|
Adamjee Insurance
Nishat Group ( ) is a group of companies headquartered in Lahore, Pakistan. It was founded by in 1951. Mian Muhammad Mansha is the current chairman of the group. At least eleven of the Nishat Group's subsidiaries are listed on the Pakistan Stock Exchange. History Nishat Group's origins goes back to a leather business in Calcutta, British India, established by Mian Muhammad Yahya. Following the partition of India in 1947, Mian Muhammad Yahya and his three brothers, Mian Hameed, Mian Rafiq, and Mian Ayub, founded Nishat Mills in Pakistan in 1951. The name "Nishat" was pre-assigned to the textile license they acquired and was not chosen by the founders. Mian Muhammad Mansha joined the family business in 1968 after the death of his father, Mian Muhammad Yahya. By 1970, the Nishat Group had expanded to include six industrial units in West Pakistan: Nishat Corporation, Nishat Sarhad Textile, Nishat Textile Faisalabad, Nishat Chemical Industries, Nishat Poultry, and Creamy Indus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Group
A corporate group, company group or business group, also formally known as a group of companies, is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concept of a group is frequently used in tax law and accounting and (less frequently) company law to attribute the rights and duties of one member of the group to another or the whole. If the corporations are engaged in entirely different businesses, the group is called a conglomerate. The forming of corporate groups usually involves consolidation via mergers and acquisitions, although the group concept focuses on the instances in which the merged and acquired corporate entities remain in existence rather than the instances in which they are dissolved by the parent. The group may be owned by a holding company which may have no actual operations. Black Bear Development, conceptualized ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Calcutta
Kolkata, also known as Calcutta (List of renamed places in India#West Bengal, its official name until 2001), is the capital and largest city of the Indian States and union territories of India, state of West Bengal. It lies on the eastern bank of the Hooghly River, west of the border with Bangladesh. It is the primary Financial centre, financial and Commercial area, commercial centre of Eastern India, eastern and Northeast India, northeastern India. Kolkata is the list of cities in India by population, seventh most populous city in India with an estimated city proper population of 4.5 million (0.45 crore) while its metropolitan region Kolkata Metropolitan Area is the List of million-plus agglomerations in India, third most populous metropolitan region of India with a metro population of over 15 million (1.5 crore). Kolkata is regarded by many sources as the cultural capital of India and a historically and culturally significant city in the historic Bengal, region of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Depository Receipt
A global depository receipt (GDR and sometimes spelled ''depositary'') is a general name for a depositary receipt where a certificate issued by a depository bank, which purchases Share (finance), shares of foreign companies, creates a Security (finance), security on a local Stock exchange, exchange backed by those shares. They are the global equivalent of the original American depositary receipts (ADR) on which they are based. GDRs represent ownership of an underlying number of shares of a foreign company and are commonly used to invest in companies from developing or emerging markets by investors in developed markets. Prices of global depositary receipt are based on the values of related shares, but they are traded and settled independently of the underlying share. Typically, 1 GDR is equal to 10 underlying shares, but any ratio can be used. It is a negotiable instrument which is denominated in some freely convertible currency. GDRs enable a company, the issuer, to access invest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan Industrial Development Corporation
Pakistan Industrial Development Corporation (PIDC) () is a state corporation of Pakistan working under Ministry of Industries and Production (Pakistan), Ministry of Industries and Production. History Pakistan Industrial Development Corporation (PIDC) was founded as a state corporation under Pakistan's Ministry of Industries and Production in April 1951. It began operations in 1952. The PIDC board of directors included members of industrial families such as Naseer A. Sheikh of the Colony Group, Adamjee Group, and Syed Amjad Ali of the Packages Limited, Wazir Ali Group. Its constitution articulated a primary objective of promoting industry rather than state ownership, with a policy to engage private capital and gradually transition its share capital to private investors. Ayub Khan, Muhammad Ayub Khan invigorated PIDC which initiated new industries using government capital and sold them to private businessmen once they became profitable. Its strategic disinvestment policies signif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Independence Of Bangladesh
The independence of Bangladesh was Proclamation of Bangladeshi Independence, declared from Pakistan on 26 March 1971, which is now celebrated as Independence Day (Bangladesh), Independence Day. The Bangladesh Liberation War started on 26 March and lasted till 16 December 1971 which is celebrated as Victory Day (Bangladesh), Victory Day in Bangladesh. In the early hours of March 26, 1971, Sheikh Mujibur Rahman declared independence before being arrested by the Pakistani army, which was later broadcast by Maj. Ziaur Rahman on behalf of Sheikh Mujibur Rahman. History Background In 1905, the British Raj partitioned the Bengal Presidency into Eastern Bengal and Assam, East Bengal and West Bengal. The British introduced the Morley-Minto Reforms in 1909 which made the electorate system based on religion and East Bengal was largely Muslim. The Bengal Provincial Muslim League was created to represent Bengali Muslims. The two Bengals were reunited in 1912 in a decision by the British whic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Pakistan
East Pakistan was the eastern province of Pakistan between 1955 and 1971, restructured and renamed from the province of East Bengal and covering the territory of the modern country of Bangladesh. Its land borders were with India and Burma, with a coastline on the Bay of Bengal. East Pakistanis were popularly known as "Pakistani Bengalis"; to distinguish this region from India's state West Bengal (which is also known as "Indian Bengal"), East Pakistan was known as "Pakistani Bengal". In 1971, East Pakistan became the newly independent state Bangladesh, which means "country of Bengal" or "country of Bengalis" in Bengali language. East Pakistan was formed with West Pakistan at the reorganization of One Unit Scheme orchestrated by 3rd prime minister of Pakistan, Mohammad Ali of Bogra, Mohammad Ali. The Constitution of Pakistan of 1956 replaced the Pakistani monarchy with an Islamic republic. Bengali politician H.S. Suhrawardy served as the Prime Minister of Pakistan between 1956 an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Pakistan
West Pakistan was the western province of Pakistan between One Unit, 1955 and Legal Framework Order, 1970, 1970, covering the territory of present-day Pakistan. Its land borders were with Afghanistan, India and Iran, with a maritime border with Oman in the Gulf of Oman in the Arabian Sea. Following its independence from British Raj, British rule, the new Dominion of Pakistan was physically separated into two exclaves, with the western and eastern wings geographically separated from each other by Dominion of India, India. The western wing of Pakistan comprised three Governor#British Empire and Commonwealth Realm, governor's provinces (the North-West Frontier Province, North-West Frontier, West Punjab and Sind Province (1936–55), Sind), one Chief commissioner#Colonial, chief commissioner's province (Baluchistan (Chief Commissioner's Province), Baluchistan) along with the Baluchistan States Union, several Princely states of Pakistan, independent princely states (notably Bahawalp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Family Business
A family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by Consanguinity , blood, marriage or adoption, who has both the ability to influence the vision of the business and the willingness to use this ability to pursue distinctive goals. They are closely identified with the firm through leadership or ownership. Owner-manager entrepreneurial firms are not considered to be family businesses because they lack the multi-generational dimension and family influence that create the unique dynamics and relationships of family businesses. Overview A family business is the oldest and most common model of economic organization. The vast majority of businesses throughout the world—from corner shops to multinational publicly listed organizations with hundreds of thousands of employees—can be considered as family businesses. Based on research of the ''Forbes 400'' richest Americans, 44% of the ''Forbes 400'' member ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Textile
Textile is an Hyponymy and hypernymy, umbrella term that includes various Fiber, fiber-based materials, including fibers, yarns, Staple (textiles)#Filament fiber, filaments, Thread (yarn), threads, and different types of #Fabric, fabric. At first, the word "textiles" only referred to woven fabrics. However, weaving is not the only manufacturing method, and many other methods were later developed to form textile structures based on their intended use. Knitting and Nonwoven, non-woven are other popular types of fabric manufacturing. In the contemporary world, textiles satisfy the material needs for versatile applications, from simple daily clothing to Bulletproof vest, bulletproof jackets, spacesuits, and Medical gown, doctor's gowns. Textiles are divided into two groups: consumer textiles for domestic purposes and technical textiles. In consumer textiles, Aesthetics (textile), aesthetics and Textile performance#Comfort, comfort are the most important factors, while in techn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nishat Mills
Nishat Mills Limited ( ) is a Pakistani textile company based in Lahore. It produces yarn, linen, and other products made from raw cotton and synthetic fibers. It is one of the largest textile companies of Pakistan. History Nishat Mills Limited was founded in 1951 by Mian Muhammad Yahya, Mian Hameed, Mian Rafiq, and Mian Ayub. The name "Nishat" was pre-assigned to the textile license they acquired and was not chosen by the founders. In 1995, Raza Textiles merged with its sister company, Umer Fabrics, which was later merged into Nishat Mills in 2004. Two years later, in 1997, Nishat Fabrics and Nishat Tek were amalgamated into Nishat Mills. In May 2009, Nishat Apparel Limited was merged to Nishat Mills. In January 2023, Nishat acquired Wernerfelt A/S, a company based in Denmark, from Lars Lauridsen Holding ApS. In September 2024, Nishat sold its shareholding in Nishat Hospitality, established subsidiaries in the United Kingdom and Turkey, and opened a liaison office in Bangl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brother
A brother (: brothers or brethren) is a man or boy who shares one or more parents with another; a male sibling. The female counterpart is a sister. Although the term typically refers to a family, familial relationship, it is sometimes used endearingly to refer to non-familial relationships. A full brother is a first degree relative. Overview The term ''brother'' comes from the Proto-Indo-European language, Proto-Indo-European *bʰréh₂tēr, which becomes Latin language, Latin ''frater'', of the same meaning. Sibling warmth or affection between male siblings has been correlated to some more negative effects. In pairs of brothers, higher sibling warmth is related to more risk taking behaviour, although risk taking behaviour is not related to sibling warmth in any other type of sibling pair. The cause of this phenomenon in which sibling warmth is only correlated with risk taking behaviours in brother pairs still is unclear. This finding does, however, suggest that although sibli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
