Paradise Group Of Industries
Paradise Group of Industries (PGI) is a Bangladeshi conglomerate 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 ** Co .... The company was founded by Mosharraf Hossain in 1983. The industries under this conglomerate include light engineering, electrical cable, textile, real estate, etc. Its main corporate units are Paradise Cable Limited (PCL), SBS Cables Ltd and Paradise Spinning Mills Ltd. Paradise Cables is the leading manufacturer of all types of wires, cables and conductors in Bangladesh. The group started its business with textiles and trading, and later diversified into wire and cable manufacturing. Due to family conflict, mismanagement, and unplanned investment, the group's assets were being auctioned off to pay off debts and workers' salaries in June 2020. Mosharraf Hossain an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Fatullah
Fatullah ( bn, ফতুল্লা) (also known as Fatulla) is a town and a Union in Narayanganj Sadar Upazila in Narayanganj District. It is located on the southern outskirts of Dhaka, in central Bangladesh. It is the location of the Fatulla Osmani Stadium, an international cricket stadium that has hosted its first One Day International and Test match in 2006. In ICC Cricket World Cup 2011, it has hosted the warm up matches of England against Canada and Pakistan. Fatulla is also one of the major industrial areas of Bangladesh. The second largest Eid-ul-Azha cattle market of Bangladesh, ''Fatulla DIT gorur haat'', is situated in Fatulla. The royalties of Fatulla is the ''Chowdhury Family''; a large area of Fatulla, Chowdhury Bari is named after the ''Chowdhury family''. Before the system was abolished ''Kader Baksh Chowdhury'' was the last official Zamindar of Fatulla. History and the surrounding areas of the Fatulla has left marks of their lost glory. The Majar of Shah Fatulla ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Narayanganj
Narayanganj ( bn, নারায়ণগঞ্জ ''Naraeongônj'') is a city in central Bangladesh. It is in the Narayanganj District, about southeast of the capital city of Dhaka, and has a population of about 2 million. It is the 6th largest city in Bangladesh. It is also a center of business and industry, especially the jute trade and processing plants, and the textile sector of the country. It is nicknamed the Dundee of Bangladesh, due to the presence of its many jute mills. (Dundee was the first industrialised 'Juteopolis' in the world.) History The city got its name from Bicon Lal Pandey, a Hindu religious leader who was also known as Benur Thakur or 'Lakhsmi Narayan Thakur'. He leased the area from the British East India Company in 1766 following the Battle of Plassey. He donated the markets and the land on the banks of the river as ''Devottor'' or 'Given to God' property, bequeathed for maintenance expenses for the worship of the god Narayan. A post office was set ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali, one of the easternmost branches of the Indo-European language family. Bangladesh forms the sovereign part of the historic and ethnolinguistic region of Bengal, which was divided during the Partition of India in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |