DSI Samson Group
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DSI Samson Group
DSI Samson Group is a Sri Lankan family owned conglomerate established in 1962. It has over 29 subsidiaries and is a leading manufacture of footwear and rubber products in Sri Lanka. History Established in 1962, by Diyunuge Samson Rajapaksa, JP as a footwear retail shop in Colombo Fort, he soon branched into manufacturing, importing and distribution by establishing a large retail network. Presently, it has over 200 showrooms (servicing 4000 dealer points island-wide), DSI footwear boasts the largest retail trading network in footwear Governance structure DSI Samson Group is governed by the Chairman and the Board of Directors which manages its diversified group of subsidiaries. Its current Group Chairman is Uditha Egalahewa, and its Group Managing Director A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Justice Of The Peace
A justice of the peace (JP) is a judicial officer of a lower or ''puisne'' court, elected or appointed by means of a commission ( letters patent) to keep the peace. In past centuries the term commissioner of the peace was often used with the same meaning. Depending on the jurisdiction, such justices dispense summary justice or merely deal with local administrative applications in common law jurisdictions. Justices of the peace are appointed or elected from the citizens of the jurisdiction in which they serve, and are (or were) usually not required to have any formal legal education in order to qualify for the office. Some jurisdictions have varying forms of training for JPs. History In 1195, Richard I ("the Lionheart") of England and his Minister Hubert Walter commissioned certain knights to preserve the peace in unruly areas. They were responsible to the King in ensuring that the law was upheld and preserving the " King's peace". Therefore, they were known as "keepers of th ...
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Sri Lanka
Sri Lanka (, ; si, ශ්‍රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, and southeast of the Arabian Sea; it is separated from the Indian subcontinent by the Gulf of Mannar and the Palk Strait. Sri Lanka shares a maritime border with India and Maldives. Sri Jayawardenepura Kotte is its legislative capital, and Colombo is its largest city and financial centre. Sri Lanka has a population of around 22 million (2020) and is a multinational state, home to diverse cultures, languages, and ethnicities. The Sinhalese are the majority of the nation's population. The Tamils, who are a large minority group, have also played an influential role in the island's history. Other long established groups include the Moors, the Burghers ...
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Footwear
Footwear refers to garments worn on the feet, which typically serves the purpose of protection against adversities of the environment such as wear from ground textures and temperature. Footwear in the manner of shoes therefore primarily serves the purpose to ease locomotion and prevent injuries. Footwear can also be used for fashion and adornment as well as to indicate the status or rank of the person within a social structure. Socks and other hosiery are typically worn additionally between the feet and other footwear for further comfort and relief. Cultures have different customs regarding footwear. These include not using any in some situations, usually bearing a symbolic meaning. This can however also be imposed on specific individuals to place them at a practical disadvantage against shod people, if they are excluded from having footwear available or are prohibited from using any. This usually takes place in situations of captivity, such as imprisonment or slavery, where the ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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Rubber Technology
Rubber Technology is the subject dealing with the transformation of rubbers or elastomers into useful products, such as automobile tires, rubber mats and, exercise rubber stretching bands. The materials includes latex, natural rubber, synthetic rubber and other polymeric materials, such as thermoplastic elastomers. Rubber processed through such methods are components of a wide range of items. Rubber products can be categorized into two main categories. * Dry rubber products (dry form) * Latex (wet rubber) products (liquid form) Vulcanization Most rubber products are vulcanized, a process which involves heating with a small quantity of sulphur (or equivalent cross-linking agent) so as to stabilise the polymer chains, over a wide range of temperature. This discovery was made by Charles Goodyear in the 1844, but is a process restricted to polymer chains having a Double bond in the backbone. Such materials include natural rubber and polybutadiene. The range of materials available ...
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Construction Materials
This is a list of building materials. Many types of building materials are used in the construction industry to create buildings and structures. These categories of materials and products are used by architects and construction project managers to specify the materials and methods used for building projects. Some building materials like cold rolled steel framing are considered modern methods of construction, over the traditionally slower methods like blockwork and timber. Many building materials have a variety of uses, therefore it is always a good idea to consult the manufacturer to check if a product is best suited to your requirements. Catalogs Catalogs distributed by architectural product suppliers are typically organized into these groups. Industry standards The Construction Specifications Institute maintains the following industry standards: *MasterFormat 50 standard divisions of building materials - 2004 edition (current in 2009) *16 Divisions Original 16 divisions of ...
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Hydro Power
Hydropower (from el, ὕδωρ, "water"), also known as water power, is the use of falling or fast-running water to produce electricity or to power machines. This is achieved by converting the gravitational potential or kinetic energy of a water source to produce power. Hydropower is a method of sustainable energy production. Hydropower is now used principally for hydroelectric power generation, and is also applied as one half of an energy storage system known as pumped-storage hydroelectricity. Hydropower is an attractive alternative to fossil fuels as it does not directly produce carbon dioxide or other atmospheric pollutants and it provides a relatively consistent source of power. Nonetheless, it has economic, sociological, and environmental downsides and requires a sufficiently energetic source of water, such as a river or elevated lake. International institutions such as the World Bank view hydropower as a low-carbon means for economic development. Since ancient times, ...
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Colombo
Colombo ( ; si, කොළඹ, translit=Koḷam̆ba, ; ta, கொழும்பு, translit=Koḻumpu, ) is the executive and judicial capital and largest city of Sri Lanka by population. According to the Brookings Institution, Colombo metropolitan area has a population of 5.6 million, and 752,993 in the Municipality. It is the financial centre of the island and a tourist destination. It is located on the west coast of the island and adjacent to the Greater Colombo area which includes Sri Jayawardenepura Kotte, the legislative capital of Sri Lanka, and Dehiwala-Mount Lavinia. Colombo is often referred to as the capital since Sri Jayawardenepura Kotte is itself within the urban/suburban area of Colombo. It is also the administrative capital of the Western Province and the district capital of Colombo District. Colombo is a busy and vibrant city with a mixture of modern life, colonial buildings and monuments. Due to its large harbour and its strategic position along th ...
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Family Owned
A family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by blood or 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 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 family businesses. Based on research of the Forbes 400 richest Americans, 44% of the Forbes 400 member fortunes were derived by be ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Colombo Fort
Fort (Colombo) (; ) is the central business district of Colombo in Sri Lanka. It is the financial district of Colombo and the location of the Colombo Stock Exchange (CSE) and the World Trade Centre of Colombo from which the CSE operates. It is also the location of the Bank of Ceylon headquarters. Along the foreshore of the Fort area is the Galle Face Green Promenade, built in 1859 under the governance of Sir Henry George Ward, the Governor of Ceylon (Sri Lanka) during British colonial era. Fort is also home to the General Post Office, hotels, government departments and offices. History Known as ''Kolonthota'', the area became notable as the site of the first landings of the Portuguese in the early 16th century and became one of their trading posts in the island. The Portuguese developed their trading post into a fortified base and harbour to extend their control of the interior of the island. A detailed account of the first Portuguese settlement and fort can be found in the ...
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