Karnaphuli Group
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Karnaphuli Group
Karnafuli Group is one of the largest Bangladeshi industrial conglomerate (company), conglomerates. The industries under this conglomerate include port, shipping and logistics, media, health care, real estate, automobiles, finance, insurance etc. The Managing Director of the group is Saber Hossain Chowdhury, an Awami League member of parliament and son of Hedayet Hossain Chowdhury who is also a director of HRC Group, another Bangladeshi conglomerate. History Karnafuli Group was established in 1954 by Hedayet Hossain Chowdhury. The group is named after the Karnaphuli River. Hedayet Hossain Chowdhury's grandson, Hamdan Hossain Chowdhury, is a director of the group. In 2014, the group signed an agreement to distribute and service Haojue motorcycles of China in Bangladesh. Karnaphuli Group, Metro Group (Bangladesh), Metro Group, and Partex Star Group (Partex Group) founded Sky Telecommunication which launched Zelta mobiles in 2015. Karnaphuli Group is the only Bangladeshi group i ...
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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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Karnaphuli
Karnaphuli ( bn, কর্ণফুলি ''Kôrnophuli''; also spelt Karnafuli), or Khawthlangtuipui (in Mizo language, Mizo, meaning "western river"), is the largest and most important river in Chattogram and the Chittagong Hill Tracts, Chattogram Hill Tracts. It is a wide river in the south-eastern part of Bangladesh. Originating from the Saithah village of Mamit district in Mizoram, India, it flows southwest through Chattogram Hill Tracts and Chattogram into the Bay of Bengal. Before the Padma, it was the fastest flowing river in Bangladesh. It is said to "represent the drainage system of the whole south-western part of Mizoram." Principal tributaries include the Kawrpui River or Thega River, Tuichawng River and Phairuang River. A large hydroelectric power plant using Karnaphuli river was built in the Kaptai Upazila, Kaptai region during the 1960s. The mouth of the river hosts the Port of Chittagong, Port of Chattogram, the largest and busiest seaport of Bangladesh. Etymol ...
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Conglomerate Companies Of Bangladesh
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable activ ...
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List Of Companies Of Bangladesh
Bangladesh is a country in South Asia. It is the eighth-most populous country in the world, (with over 166 million people). It is one of the emerging and growth-leading economies of the world. It is listed among the Next Eleven countries, it has one of the fastest real GDP growth rate. Its gross domestic product ranks 39th largest in the world in terms of market exchange rates and 29th in purchasing power parity. Its per capita income ranks 143rd and 136th in two measures. In the field of human development, it has progressed ahead in life expectancy, maternal and child health, and gender equality. Small, medium and large family owned conglomerates dominate over Bangladesh's economy. Most of these businesses in Bangladesh are grouped as conglomerates unlike other countries. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations whi ...
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Desh TV
Desh TV ( bn, দেশ টিভি; ), stylized as DESHTV, is a Bangladeshi Bengali-language satellite and cable television channel owned by Desh Television Limited, a part of the Karnaphuli Group conglomerate. It officially commenced broadcasts on 26 March 2009. Desh TV is headquartered in Malibagh, Dhaka. The channel is broadcast via the Bangabandhu-1 satellite. History In mid to late 2000s, the Bangladesh Telecommunication Regulatory Commission granted Desh TV a license to broadcast. The channel was launched on 26 March 2009 via the Telstar 10 satellite by veteran actor and politician Asaduzzaman Noor, who is the former managing director of the channel. Desh TV's aim is to focus on enriching the country's culture, values, and communal harmony, which would strengthen democracy, according to Noor. Later, Bangladesh's national anthem sang at the foot of the Shikha Chironton was broadcast. On 25 June 2010, marking the first death anniversary of American singer Michael Jac ...
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Bhorer Kagoj
''Bhorer Kagoj'' ( bn, দৈনিক ভোরের কাগজ ''Bhorer Kagoj'' "Dawn's Paper") is a major Bengali-language daily newspaper, published from Dhaka, Bangladesh. The newspaper is published in both print and online formats. History ''Bhorer Kagoj'' began publications on 15 February 1992. Editors Naimul Islam Khan was the founding editor of the newspaper. Then Matiur Rahman took charge of the newspaper, followed by Benazir Ahmed, Abed Khan, and current editor Shyamal Dutta. See also * List of newspapers in Bangladesh This list of newspapers in Bangladesh is a list of newspapers printed and distributed in Bangladesh. Newspapers published in Bangladesh are written in Bengali or English language versions. Most Bangladeshi daily newspapers are usually printed in b ... References External links * Bengali-language newspapers published in Bangladesh Daily newspapers published in Bangladesh Publications established in 1992 Newspapers published in Dh ...
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Partex Group
Partex Group is one of the largest family-run conglomerates in Bangladesh, consisting of over 70 factories. The industries under this conglomerate include foods and beverages, steel, real estate, furniture, agribusiness, plastics, etc. History It started in 1962, by industrialist M. A. Hashem with commodity trading. Now it owns over 70 subsidiaries from tobacco to consumer goods, furniture, textile and the IT sector. It has split into two groups to improve management of its subsidiaries - Partex Holdings and Partex Star Group. Partex's companies are in nearly all sectors, including food and beverages, plastics, fabrics, cotton, sugar, paper, jute, shipping, furniture, agribusiness, oil, cables, aviation, PVC, telecommunication, logistics, fisheries, education, services, IT, denim fabric industry and many more. M. A. Hashem also founded two leading private banks in Bangladesh – The City Bank and United Commercial Bank Limited (UCB). List of companies *Partex Cables Limit ...
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Partex Star Group
Partex Oil and Gas (Holdings) Corporation is an oil company owned by PTT Exploration and Production, a company based in Thailand. It was previously owned by the Calouste Gulbenkian Foundation, from Lisbon, Portugal, until it was sold in June 2019. History Prior to the First World War, Calouste Gulbenkian was the entrepreneur behind the formation of the Turkish Petroleum Company which, after many vicissitudes, became the Iraq Petroleum Company in which he held a 5% interest (becoming known as ''Mr. Five Percent'' as a result). The contract between Royal Dutch Shell, Anglo Persian (now BP), Compagnie Française des Pétroles (now Total), Near East Development Company (ExxonMobil) and Calouste Gulbenkian was signed in July 1928. At the same time the partners undertook to work together within the boundaries of the former Ottoman Empire - the Red Line Agreement. This agreement had a fundamental influence on the future development of the oil reserves in the Middle East and led di ...
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Metro Group (Bangladesh)
Metro Group () is a Bangladeshi diversified conglomerate based in Dhaka. It is the parent company of Best Holding Limited which owns Le Meridien Dhaka. History Al- Amin Construction Company Limited in 1970. In the 1980s, Central Pharmaceuticals Limited was established after the liberalization of the pharmaceutical market in Bangladesh by GETCO Group (Greenland Engineers & Tractors Company) and BanglaCAT (Bangla Trac Group). In 1993, Central Pharmaceuticals Limited was purchased by Metro Group. Amin Ahmad is the managing director and founder of Best Holding Limited and Hasan Ahmad is the chairman of Best Holding Limited. In 2006, Mayor of Dhaka City Corporation, Sadeque Hossain Khoka, signed an agreement with Amin Associates Overseas Company Limited, a subsidiary of Metro Group, to build a 20 floor tower on the site of DCC market. Since then, the group has been involved in the legal battle over the ownership with the shop owners of the market who were left out of the negotiati ...
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HRC Group
HRC Group is a large Bangladeshi industrial conglomerates. The industries under this conglomerate include media, agriproducts, tea, real estate, finance, shipping etc. The Chairperson of the group is Sayeed Hossain Chowdhury, brother of Saber Hossain Chowdhury, an Awami League member of parliament and son of entrepreneur Hedayet Hossain Chowdhury, founder of Karnaphuli Group, another Bangladeshi conglomerate. History The group established on 14 March 1991 as Shipping Agency for Chittagong and Mongla ports by entrepreneur Sayeed Hossain Chowdhury. Since then it has expanded to more than 20 subsidiaries. On 10 December 1998, two security guards of the group were killed during the robbery at the HRC Group headquarters in Karwan Bazar, Dhaka. In July 2008, the chairperson of the group, Sayeed Hossain Chowdhury, was arrested by joint forces on charges of money laundering and tax evasion. He received bail on 28 August 2008. The Sponsor director of HRC Group, Farzana Chowdhury, ...
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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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