Multinational Company

ITIM

·        ITIM may refer to:

ITIM: Resources and Advocacy for Jewish Life

Immunoreceptor tyrosine-based inhibitory motif

ITIM (news agency)

International Tibet Independence Movement

IBM Tibur Identity Manager, Associate in Nursing IBM software package for managing user access to laptop resources

Introducing you to ITIM Systems and our vary of Marine observation Alarm and management Modules. Since our commencement in 1983 we've developed a wealth of expertise through operating in shut association with boat builders and survey authorities.

We have never-ending designed for long run responsibleness, to fulfill or exceed your survey necessities, to simplify the operation of your vessels and to satisfy the most discerning customers.

We have multiple openings for Development Lead position. The requirements are: At least 4 years of relevant experience. Skills: .NET with C#, SQL, ASP.NET and WCF is a must. Should have experience of working with small teams as a senior resource. Must have good written communication skills. Experience of direct client communication is desirable. People with higher experience levels are also encouraged to apply. Send your resumes to jobs@itimsystems.com. Clearly mention the position "Development Lead" within the subject line.

Established in 1992, Itim Systems core business at the start was to produce Software-based Business Solutions, largely to UK-based customers of our Partner Company, Itim Consulting Ltd (now called Itim Limited, UK). We ar among the primary few pioneering corporations to be engaged in offshore computer code development operational out of Asian country.

Early involvement with customers from worldwide and from totally different businesses has helped North American country to develop Standards, Processes and Competencies that permit North American country to produce a whole vary of computer code Services to enable the Development of Technology-led Business Solutions.

We have the aptitude of absorbing and delivering giant scale complicated info Technology comes and Enterprise product. You now not got to intercommunicate separate or foreign advisors, consultants or contractors for meeting your Information Systems Infrastructure needs.

Our vision revolves around client focus Associate in Nursingd an predominant go after quality and ability in everything we have a tendency to do. We believe that particularly these drivers offer a framework that improves time, quality, cost and risk profile of any project.

Our culture is predicated around our values – open and straight talking, benefit based mostly, staff as core assets, customer-centric and cooperation – and the way we have a tendency to work along is as necessary as what we do as individuals.

Meezan Bank

Ø Introduction

Meezan Bank (Urdu میزان بینک) is that the initial and largest Moslem bank of Asian nation. The Bank is headquartered in Meezan House - city, Pakistan. It has a network of over 660 branches in additional than 159 cities of West Pakistan. It commenced operations in 2002 once bank of Asian nation issued the first-ever license for Islamic business banking.

Ø  Market Share

The Bank includes a market share of thirty fifth within the Islamic banking system of the country

Board of Directors

Mr. Riyadh S.A.A. Edrees (Chairman)

Mr. Faisal A.A.A. Al Nassar

Mr. Bader H.A.M.A Al Rabiah

Mr. Alaa A. Al-Sarawi

Mr. Saad Fazil Abbasi

Mr. Mansur Khan

Ms. Laila M.S.A.S.A.S Abbas

Mr. Mohamed Guermazi

Mr. Noorur Rahman Abid

Mr. Irfan Siddiqui (President and CEO)

Mr. Ariful Islam (Executive Director & Deputy CEO)

Shariah Supervisory Board

Ø  Shareholding structure

Noor Financial Investment Company, Kuwait 39.53%

Pakistan Kuwait Investment Company (Pvt.) Limited 30.00%

Islamic Development Bank, Jeddah 9.32%

Other ShareHolders 21.15%

Statement of financial position as at Sep. 30 2017

Total Assets: PKR 706,167 Million

Deposits and other accounts: PKR 607,232 Million

Share Capital: PKR 10.027 Million

Shareholders' Equity: PKR 32,701 Million

No. of branches: 600

No. of cities of operation: 159

No. of Staff: 9,300

Ø  LAHORE

The Government of Pakistan and Meezan Bank are working together to introduce a Shariah-compliant version of the 10-year bond, revealed an article published in the Profit magazine.

Currently, the longest tenure on a Shariah-compliant government bond in Pakistan is three years, and its yields are typically lower than a conventional three-year bond. Conventional banks have responded to the historically low-interest rates in Pakistan by shoveling money into long-term government bonds, where they can earn a nice spread of several basis points above the one-year bond. Islamic banks, unfortunately, do not have that option.

For Meezan Bank, a deposit gathering juggernaut, this is problematic. The bank has an unquestionable first-mover advantage in the Islamic banking market, which is an important segment in a country where many people have religious objections to conventional banking. Given its strong brand name in the Islamic banking sector, Meezan Bank’s management are probably the only ones in all of Pakistani finance who absolutely do not worry about where they will be able to raise deposits from.

However, Meezan Bank, currently has a deposit base that is growing too fast for its management to be able to profitably deploy in loans. That task is made much harder by the fact that – unlike other banks – it cannot buy long-term government bonds. Hence, the bank’s collaboration with the government for a 10 year Shariah-compliant bond does not come as a surprise and is expected to benefit other Islamic banks in the country as well.

KARACHI: Meezan Bank restricted on Friday won the third Asian nation Banking Awards within the class of the most effective Bank for 2018, while Habib Bank Ltd and Bank Alfalah fetched two awards in two different categories.

Adviser to the Prime Minister on Institutional Reforms and self-denial and former governor of the bank of Asian nation (SBP) Dr Ishrat Husain chaired the seven-member jury that based mostly its decision on analysis and performance of the banks, that applied for nomination for the Banking Awards, over time as well as their current standing.

The third Asian nation Banking Awards ceremony was unionised by the Dawn Media cluster, Institute of Bankers Pakistan (IBP) and A.F. Ferguson.

The jury set to settle on port Muslim Bank because the Best rising Bank in West Pakistan for 2018.

HBL and Bank Alfalah received 2 awards in 2 totally different classes. In the class of best bank for small/medium businesses, Bank Alfalah was awarded the best bank. In the same category, HBL was awarded for its best performance in the agriculture sector. HBL received another award for the most effective Investment Banking in Asian nation. Bank Alfalah additionally received a second award for Best client Franchise.

The Best Micro Finance Bank Award went to Khushhali Microfinance Bank.

Mobilink Micro Finance Bank was chosen as the best bank in the category of Bank the Unbanked Award.

The awards got by bank Deputy Governor Jameel Ahmed, who was the chief guest on the occasion, Dawn CEO Hameed Haroon, Dr Ishrat Husain, Shabber Zaidi of A.F. Ferguson and acting chief government of the Institute of Bankers Asian country Farooq Shaikh.

Earlier in a very careful speak, Dr Ishrat Husain urged all banks to enlist their names for nomination for the Banking Awards.

Analysing the present banking scenario in Asian nation, the former SBP governor said banks were on a sound footing. He same Pakistani bankers were no less competent than the other banker across the globe.

However, Dr Husain observed that banks in the country were not mobilising their deposits like those of the neighboring countries, which resu­lted in poor savings. A low-saving rate is the main hindrance in the way of higher investment that brings growth to the economy. Giving a comparative analysis, he shared statistics related to India, Bangladesh and Sri Lanka and Pakistan. He said the figures showed that Pakistani banks were far from the successes these countries had achieved in the banking sector.

Mr Haroon, the Dawn CEO, expressed satisfaction that the third Banking Awards established its believability. He thanked the jury for their hard work and impartiality for the evaluation of the banks for the awards. Recognising banks’ achievement through the awards was a great success for the organisers and the jury, he added.

Mr Zaidi of A.F. Ferguson said the banking industry was in a difficult situation and provided his analysis of the banking sector in the background of economic growth and uncertainties in the country.

Power electronics

·        Introduction

Power physics is that the application of solid-state physics to the management and conversion of electrical power.

The first high power electronic devices were mercury-arc valves. In trendy systems the conversion is performed with semiconductor switch devices like diodes, thyristors and transistors, pioneered by R. D. Middlebrook and others beginning in the 1950s. In distinction to electronic systems involved with transmission and process of signals and information, in power physics substantial amounts of electricity area unit processed. An AC/DC device (rectifier) is that the commonest power physics device found in several shopper electronic devices, e.g. television sets, personal computers, battery chargers, etc. The power vary is usually from tens of watts to many hundred watts. In trade a typical application is that the variable speed drive (VSD) that's accustomed management AN induction motor. The power vary of VSDs begin from a couple of hundred watts and finish at tens of megawatts.

The power conversion systems are often classified consistent with the sort of the input and output power

Power physics started with the event of the mercury arc rectifier. Invented by altruist Hewitt in 1902, it had been accustomed convert electricity (AC) into electrical energy (DC). From the Nineteen Twenties on, analysis continued  on applying thyratrons and grid-controlled mercury arc valves to power transmission. Uno Lamm developed a mercury valve with grading electrodes creating them appropriate for prime voltage electricity power transmission. In 1933 selenium rectifiers were invented.

In 1947 the bipolar point-contact semiconductor was fancied by director H. Brattain and John Bardeen under the direction of William Shockley at Bell Labs. In 1948 Shockley's invention of the bipolar semiconductor device (BJT) improved the soundness and performance of transistors, and reduced prices. By the Fifties, higher power semiconductor diodes became offered and began exchange vacuum tubes. In 1956 the chemical element controlled rectifier (SCR) was introduced by General electrical, greatly increasing the range of power electronics applications.

By the Sixties the improved change speed of bipolar junction transistors had allowed for top frequency DC/DC converters. In 1976 power MOSFETs became commercially available. In 1982 the Insulated Gate Bipolar semiconductor unit (IGBT) was introduced.

The capabilities and economy of power physics system area unit determined by the active devices that area unit accessible. Their characteristics and limitations area unit a key component within the style of power physics systems. Formerly, the mercury arc valve, the high-vacuum and gas-filled diode particle rectifiers, and triggered devices such as the thyratron and ignitron were widely used in power electronics. As the ratings of solid-state devices improved in each voltage and current-handling capability, vacuum devices are nearly entirely replaced by solid-state devices.

Power electronic devices may be used as switches, or as amplifiers. An ideal switch is either open or closed and so dissipates no power; it withstands an applied voltage and passes no current, or passes any amount of current with no voltage drop. Semiconductor devices used as switches will approximate this ideal property then most power electronic applications believe switch devices on and off, that makes systems terribly economical as very little power is wasted in the switch. By contrast, in the case of the amplifier, the current through the device varies continuously according to a controlled input. The voltage and current at the device terminals follow a water level, and the power dissipation inside the device is large compared with the power delivered to the load.

Several attributes dictate how devices are used. Devices like diodes conduct once a forward voltage is applied and haven't any external management of the beginning of physical phenomenon. Power devices like Si management led rectifiers and thyristors (as well because the mercury valve and thyratron) permit control of the beginning of physical phenomenon, but rely on periodic reversal of current flow to turn them off. Devices such as gate turn-off thyristors, BJT and MOSFET transistors provide full switching control and can be turned on or off without regard to the current flow through them. Transistor devices additionally permit proportional amplification, but this is rarely used for systems rated more than a few hundred watts. The management input characteristics of a tool additionally greatly have an effect on design; generally, the management input is at a awfully high voltage with regard to ground and should be driven by an isolated source.

As potency is at a premium during a power converter, the losses that an influence device generates ought to be as low as potential.

Standard Chartered Bank.

Standard hired PLC may be a British transnational banking and money services company headquartered in London, England. It operates a network of over one,200 branches and shops (including subsidiaries, associates and joint ventures) across over seventy countries and employs around eighty-seven,000 people. It is a universal bank with operations in client, corporate and institutional banking, and treasury services. Despite its UK base, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa and the Middle East.

Standard hired contains a primary listing on the London exchange and may be a constituent of the FTSE a hundred Index. It had a capitalization of roughly £24.4 billion as of 4 April 2017, the 28th-largest of any company with a primary listing on the London Stock Exchange. It has secondary listings on the city exchange and therefore the National exchange of Bharat. Its largest investor is that the Government of Singapore-owned Temasek Holdings.

José Viñals is that the cluster Chairman of ordinary hired.Bill Winters is the current Group Chief Executive.

The name normal hired comes from the names of the 2 banks from that it absolutely was shaped by merger in 1969: The chartered Bank of Bharat, Australia and China, and Standard Bank of British South Africa.

The leased Bank began once Empress granted a charter to Scot James Wilson in 1853. Chartered opened its initial branches in Mumbai, city and Shanghai in 1858, followed by city and Singapore in 1859. The Bank started issue banknotes of the city dollar in 1862.

The Standard Bank was a British bank supported within the state of African country in 1862 by Scot, John Paterson. Having established a substantial variety of branches, normal was distinguished in funding the event of the diamond fields of urban center from 1867 and later extended its network more north to the urban area of city once gold was discovered there in 1885. Half the output of the second largest gold field within the world felt the quality Bank on its thanks to London. Standard dilated wide in continent over the years, however from 1883 to 1962 was formally called the quality Bank of African nation. In 1962 the bank modified its name to plain Bank restricted, and therefore the South African operations were shaped into a separate subsidiary that took the parent bank's previous name, Standard Bank of South Africa Ltd.

Both banks noninheritable different smaller banks on the method and unfold their networks more. In 1969, the banks set to merge and to counterbalance their network by increasing in Europe and therefore the us, whereas continued enlargement in their ancient markets in Asia and Africa.

In 1986, Lloyds made a hostile takeover bid for the Group. The bid was defeated; however, it spurred Standard Chartered into a period of change, including a series of divestments notably in the US and South Africa. Union Bank was sold-out to the Bank of Edo and United Bank of Arizona was sold  to Citicorp.

In 1987, normal hired sold its remaining interests within the South African bank; since then the quality Bank cluster has been a separate entity.

In 1992, scandal skint once banking regulators charged many staff of normal hired in Mumbai with lawlessly fun depositors' funds to take a position within the exchange. Fines by Indian regulators and provisions for losses price the bank virtually ₤350 million, at that time fully a third of its capital.

In 1994, London's Sunday Times rumored that AN government within the bank's metals division had bribed officers in Asian nation and therefore the Philippines to win business. The bank, during a statement on eighteen July 1994, acknowledged that there were "discrepancies in expense claims [that] ... included gifts to individuals in certain countries to facilitate business, a practice contrary to bank rules".

In 1994, the city Securities and Futures Commission found normal Chartered's Asian investment bank to possess lawlessly helped to unnaturally support the worth of latest shares they'd underwritten for six firms from Gregorian calendar month 1991 to March 1993. The bank admitted the offence, apologized and reorganized its brokerage units. The commission illegal the bank from underwriting IPOs in port for 9 months.

In 1997, Standard Chartered sold Mocatta Bullion and Base Metals, its metals division, to Toronto-based Scotiabank for US$26 million.

Standard Chartered's Asian investment banking operations never recovered. In 2000 the bank closed them down.

In 1986, a business pool purchased a thirty fifth stake to avoid Lloyds. A member of this pool was Malaysian-born property power Khoo Teck Puat, WHO purchased five-hitter of the bank's shares, which he later increased to 13.4%.

In 2000, Standard Chartered acquired Grindlays Bank from ANZ, increasing its presence in private banking and further expanding its operations in India and Pakistan. Standard hired maintained Grindlays' non-public banking operations in London and Luxembourg, as well as the subsidiary in Jersey, all of which were integrated into its own private bank. This currently serves high-net-worth customers in city, Dubai, and city below the name normal hired Grindlays Offshore money Services.

Leading to the incorporation of ordinary hired (Hong Kong) on one Gregorian calendar month 2004, the law-makers of port amended tender Notes Issue Ordinance. The modification replaced customary hired Bank with its fresh incorporated subsidiary - normal hired Bank (Hong Kong) Ltd - united of the note-issuing banks in port. The same year, customary hired Bank and Astra International (an Indonesian conglomerate, a subsidiary of Jardine Matheson) took over PermataBank and in 2006, both shareholders increased their joint ownership to 89.01%. With 276 branches and 549 ATMs in fifty-five cities throughout state, PermataBank has the second largest branch network in normal hired organization.

Thomas Cook

Thomas Cook Nov eighteen08 – 18 Gregorian calendar month 1892) was AN English man of affairs. He is best well-known for start the agency, Thomas Cook & Son.

·        Life

Thomas Cook was born to John and Elizabeth Cook, UN agency lived at nine fast draw in the village of Melbourne, Derbyshire.

At the age of ten, Cook started operating as AN assistant to a neighborhood market gardener for a wage of six pence per week. At the age of fourteen, he secured AN berth along with his uncle John Pegg, and spent 5 years as a cupboard maker.

He was brought up as a strict Baptist. In February 1826, Cook became a Baptist missionary, and toured the region as a village evangelist, distributing pamphlets and occasionally working as a cabinet maker to earn money.

In 1832, Cook captive to Adam and Eve Street in Market Harborough. Influenced by the native Baptist minister Francis Beardsall, he took the temperance pledge on New Year's Day in 1833. As a region of the temperance movement, he unionized conferences and control anti-liquor processions.

Cook's plan to supply excursions came to him whereas "walking from Market Harborough to Leicester to attend a gathering of the Temperance Society". With the gap of the extended Midland Counties Railway, he organized to require a gaggle of temperance campaigners from Leicester Campbell Street depot to a teetotal rally in Loughborough, eleven miles away. On five Gregorian calendar month 1841, Thomas Cook escorted around five hundred folks, UN agency paid one shilling every for the comeback train journey, on his 1st excursion. During the subsequent 3 summers he planned and conducted outings for native temperance societies and Sabbath school youngsters.

On four August 1845 he organized for a celebration to travel from Leicester to city. In 1846, he took 350 folks from Leicester on a tour of European nation. In 1851 he organized for one hundred fifty,000 folks to trip the good Exhibition in London. Four years later, he planned his 1st excursion abroad, once he took 2 teams on a 'grand circular tour' of Belgium, FRG and France, ending in Paris for the Exhibition. During the decade he took parties to Schweiz, Italy, Egypt and therefore the us.

n 1872, he fashioned a partnership along with his son, John Mason Cook, and renamed the agency as Thomas Cook & Son. They nonheritable business premises on Fleet Street, London. The workplace conjointly contained a store that sold essential travel accessories, together with guide books, luggage, telescopes and footwear. Thomas saw his venture as each non secular and social service; his son provided the industrial experience that allowed the corporate to expand.

In accordance along with his beliefs, he and his partner conjointly ran a little temperance building higher than the workplace. Their business model was refined by the introduction of the 'hotel coupon' in 1868. Detachable coupons in a very record book were issued to the human. These were valid for either a building meal or AN nightlong building keep provided they were on Cook's list.

Conflicts of interest between father and son were resolved once the son persuaded his father, Thomas Cook, to retire at the tip of 1878. He affected back to Leicester and lived quietly till his death.

Thomas Cook was a frontrunner of building business systems and therefore created Mass business doable in European country. First, the circular tickets may be used on most Italian railways. These tickets allowed go past train for a planned range of days on preset routes. Second, Thomas Uncle designed a series of building coupons to enhance circular tickets, that can be changed for lodging and meals at selected accommodations. Last, he introduced the circular notes that can be modified at selected hotels, banks, and tickets agents for Italian lire at a preset rate. Cook's introduction of tourism-specific currency expedited easier and effective visits among European country. Also, by introducing a wide spread coupon system, cook "helped to stabilize the burgeoning Italian economy not solely by increasing the revenues from business however conjointly by increasing the circulation of Italy's new currency, the lira." The coupon system unfolds quickly and were well accepted throughout Italian cities. Furthermore, because of this method, class Italians might afford to travel additional often and additional simply.

Cook had AN final goal to place business within the service of unifying the Italian state before Italian unification. He became additional alert to Italian politics and have become notably involved with the fate of the fresh unified Italian state. He pondered how tourism could ameliorate the economic and political difficulties. He believed that business might reinforce the unification of European nation by physical travel from one place to a different, connecting different regions of Italy.

In 1880, the Italian government joined Cook's tour company. The Italian economy benefited from further commercial enterprise profits within which Cook programmed and dead as a system. Cook definitely vie a key role in not solely boosting the Italian economy however conjointly transfer atmosphere and morale of Italian unification. Italians physically felt their country from place to put by traveling.

Thomas Cook European Timetable

Cook's Travelers Handbooks

Attock Group

Attock group, additionally referred to as Pharaon group, is a Pakistani conglomerate company primarily based in Rawalpindi, Pakistan it's the sole vertically integrated oil conglomerate of the country.[4]

The group is owned by Ghaith Pharaon family

The Attock Group consists of the following companies

Pakistan Oilfields Limited (POL)

Pakistan Oilfields Limited was founded on November 25, 1950 and is one of the oldest Pakistani exploration and production company. In 1978, politico took over the exploration and production business of AOC. Since then it's been finance independently and in joint ventures with varied E&P firms for the search of oil and gas in the country. Aside from exploration and production of gas, politico additionally operates an intensive network of pipelines for transporting its own petroleum further as that of others to ARL. It also manufactures LPG, Solvent Oil and Sulphur. Pakistan Oilfields restricted is the oil exploration wing of the Attock cluster of firms.

Attock refinery restricted (ARL), is a refinery purification the oil within the country with its operations dating back to the first decade. It is based in Rawalpindi, Pakistan.

The Attock Oil cluster of firms through the method of Privatization has acquired fifty one material possession of National plant restricted, city with management control and thus became the largest group having huge investment in Oil & Gas and refinement sector of Pakistan. National refinery limited (NRL) was incorporated as a Public Ltd. at karachi in 1963. Naval Research Laboratory may be a crude oil purification and petrochemical complex producing a wide range of fuels, lubes, BTX (petrochemicals), asphalts and specialty product for domestic consumption and export. NRL has crude oil processing capacity of 2,710,500 tonnes per annum (TPA), its lube refineries have a designed production capacity of 176,200 TPA of lube base oils (LBO) and its BTX unit includes a designed production capacity of 25,000 TPA. NRL enjoys a competitive edge as it is the only refinery producing lube base oils in Islamic Republic of Pakistan

Attock petroleum limited (APL), sponsored by the Pharaon commercial Investment group restricted and Attock Oil cluster of firms, started its operations in 1997. APL is the only OMC in Pakistan belonging to a Group involved in Oil Exploration, Production and Refining. Over the last 5 years, APL has dilated its retail outlet network at Associate in Nursing appreciable pace with its 128th Retail Outlet already commissioned in december 2005. Further, with its latest Storage Terminal at rawalpindi and planned storage terminals at Mehmood Kot, Machike, Taru Jabba and Port Bin Qasim. APL has become a major businessperson of crude products together with road bitumen to Islamic State of Afghanistan and is also facilitating export of dissolving agent to middle east, Far East and South Asia. APL also offers a large vary of crude oil merchandise and lubricants. It is also registered with Afghan Investment Support Agency (AISA) to control in Islamic State of Afghanistan as Associate in Nursing OMC and has established its office in Kabul. Attock Petroleum is a market leader in Pakistan in non-energy products like asphalt and operates two asphalt making refineries.

Attock Cement {pakistan|Pakistan|Islamic Republic of West Pakistan|West Pakistan|Asian country|Asian nation} limited (ACPL) was incorporated in Pakistan on Oct 14, 1981 as a Public limited company and is listed on the Karachi stock exchange. The company started its industrial production on Gregorian calendar month 1, 1988. ACPL's current production capacity is 2,400 MTPD. Due to Associate in Nursing overall surge in cement demand in the country over the last couple of years coupled by growth in regional market, ACPL has decided to increase its production capacity to 5,400 MTPD by setting up a new plant with a capacity of 3,000 MTPD. The new plant was regular to be completed and start trial production by January 2007.[ Attock Cement is considered a mid-sized cement company in Islamic Republic of Pakistan thanks to the size of its operations. Its manufacturing plant is located in Hub Tehsil, Balochistan and it sells its products under Falcon brand cement

Burmah Castrol

·        Introduction

This case study focuses on the elaborate analysis of business surroundings, resources of the organization, organizational structure and company parenting of sale of Burmah Castrol to BP Amoco case. This case study identifies different methodology of why Burmah Castrol sells its plants to BP Amoco.

The Myanmarh company was supported in 1886 by Scottish entrepreneurs fascinated by exploiting new found oil deposits in Burma. Burmah control a significant property in BP throughout till the first Nineteen Seventies. Indeed, after a long period operating effectively as an inter- mediate holding company for BP shares, the management of Burmah in the 1960s used the value of the shares as collateral to start associate degree formidable arrange to flip Burmah into each a totally integrated company and a considerable conglomerate cluster.

This analysis can contain a layout which is able to examine Burmah Castrol performance and their final consequences through a step by step approach. An introduction has been given on Burmah Castrol sale to BP Amoco, a detailed analysis on performance gap such as goals and objectives, leadership, culture, organisational structure, corporate parenting, business environment of the company. Under every structural reform there in a proof on what lead Burmah to sell it plants to BP Amoco, what are the characteristics of each structure and what lead to its failure. After the critical analysis of structure I will be mentioning the critical issue at Sony.

·        Critical issues

The Myanmarh company may be a Scottish businessperson company supported in 1886 with fascinated by exploiting fresh found oil deposits in Burma. On establishing success was followed by a milestone investment in an exploration concession across a substantial area of Iran acquired from the Shah. Indeed, after a long period operating effectively as an inter- mediate holding company for BP shares, the management of Burmah in the 1960s used the value of the shares as collateral to embark on an ambitious plan to turn Burmah into both a fully integrated oil company and a substantial conglomerate group.

The management ay Castrol area unit with skills in recognizing each smart managers and sound investment opportunities: the mix would alter all the Group’s businesses to prosper and grow. There was sufficient  similarity in terms of key factors for achievement between Castrol and therefore the Chemicals businesses to alter senior management to feature price across the portfolio.

·        Critical evaluation

In strategic analysis it's necessary for Castrol to spot the present atmosphere that the refining industry operates. In middle Nineties Burmah Castrol consisted of Castrol, blending and marketing lubricants; and Chemicals with a residual Fuels retailing business – effectively the final relic of the past – which was within the method of being sold-out off. The speedy fall within the sales revenue and therefore the profit of the Castrol thanks to poor management and severe competitions the management of the Castrol are going to restructure its business. They had a major drawback in management as they had some lack of belief internally, lack of belief externally and a possibly time-limited opportunity as a result of oil industry consolidation.

Castrol should decide to face the group action and threat from alternative competitors like BP that is one among the most competitors to Toyota. The dialogue power of the consumers is often reduced if the providers of Castrol product ar low. So Castrol ought to have strategy to take care of demand since it absolutely was the time of recession. The bargaining power of suppliers can be adjusted by having competitive buying from different suppliers of good needed for oil industries. (Refer appendix 3)

·        Competitor analysis

The oil industry is boiling over with changes. Deregulation, new opportunities in foreign fields and markets and environmental challenges are rushing together head-on to shape the energy and utilities business of the future. Castrol is facing threats from several foreign competitors manufacturing vehicle oil. And whilst they have been very successful in developing world position, particularly in Asia Paci¬c, that was unlikely to offer sufficient to offset the difficulties that might be going to encounter over a ¬ve-year run – absent of action – in the bigger developed markets in Europe and North America. This had let to re-think what may happen to their passenger engine oil business and how competitor may take advantage over this situation.

Further the Castrol cluster should increase its internal control procedure to avoid competitor’s defects within the production stage to avoid losses and meet competition effectively.

·        Managing change

The alternative which management developed, in considerable detail, involved is breaking the Group up. This acknowledged market skepticism about the coherence of the portfolio. Although the need for radical restructuring was accepted, an issue which management did not fully resolve at this point in the process concerned how the slicing should be carried out. The restructuring would not give the expected results unless the employees are satisfied with the changes. So Castrol ought to take measures to form confidence within the minds of the worker with concerning to changes

·        Financial performance of Castrol

The money performance at Castrol throughout 1999 was terribly poor; either a lost or simply break-even. This was attributed to several factors: high financial costs, low -margin product lines, poor sales, high interest rates and high procurement costs. (Gerry, n.d)

Dubai Islamic Bank

·        Introduction

The Dubai Muslim Bank (DIB) is associate degree Muslim bank in Dubai, established in 1975. It is the primary Muslim bank to own incorporated the principles of Islam altogether its practices and is that the largest Muslim bank within the UAE.

·       Bank

Established in 1975, Dubai Muslim Bank is that the largest Muslim bank within the UAE by assets and a public joint stock company listed on the Dubai monetary Market. Spearheading the evolution of the worldwide Muslim finance trade, DIB is additionally the world’s 1st full service Muslim bank and also the third largest Islamic bank within the world. The Bank presently operates ninety branches across the UAE, is gift in seven markets worldwide and is increasing its world footprint to more grow and develop the business. Serving on the brink of one.7 million customers, DIB offers its growing client base associate degree increasing vary of innovative shariah compliant merchandise and services.

In addition to being the primary and largest Muslim bank within the UAE, DIB features a vital international presence as a leader in promoting Shari’ah-compliant monetary services across variety of markets worldwide. The bank has established DIB Pakistan restricted, an entirely in hand subsidiary that is that the 1st Muslim bank in Pakistan to supply Priority Banking, still because the most extensive and innovative portfolio of Alternate Distribution Channels. The launch of Panin Dubai Syariah Bank in Indonesia early in 2017 marks DIB’s first foray in the Far East, the bank owns a nearly 40% stake in the Indonesian bank. Additionally, in could 2017, Dubai Muslim Bank PJSC was given the license by the financial institution of Kenya (CBK) to control its subsidiary, DIB Kenya Ltd.

The Bank’s final goal is to form Muslim finance the norm, instead of an alternate to standard banking worldwide. DIB has won a variety of accolades that area unit testament to those efforts across diversified areas, together with retail, corporate and investment banking, as well as CSR and consultancy services. A clear indication of the bank’s leadership position within the Muslim finance sector, DIB named the Best Islamic Bank in the various prestigious ceremonies. In 2017, DIB won the in-demand world Muslim Business Award in its initial edition within the region and was conferred to the bank throughout the twenty third edition of the Business Excellence Awards Ceremony. Reflective of its leadership within the world Muslim finance trade, DIB has conjointly been recognized with variety of accolades in 2018 together with Banker Mideast Awards, Dubai Service Excellence theme, International Finance Magazine and Islamic Finance News Awards.

·        DIB Significant Subsidiaries and Associates

Dar Al shariah: Dar Al shariah could be a Sharia legal and monetary practice firm established in 2008.

Dubai Muslim Bank Pakistan: Dubai Muslim Bank Pakistan was established in 2006 as a totally in hand subsidiary.

Panin Dubai Syariah Bank: thirty-eight.3% ownership in a Shariah compliant player in Indonesia, which has one of the largest Muslim populations in the world.

Bank of Khartoum: DIB holds a stake in Bank of Khartoum, one of the largest banks in Sudan.

Deyaar: Deyaar Development could be a land development company established in 2002.

Bosna Bank International: Bosna Bank International was established in 2000 because the 1st Sharia-compliant bank in Europe.

DIB Bank Kenya Limited: License obtained from Central Bank of Kenya (CBK) in May 2017 exclusively to offer Shariah compliant banking services in Kenya.

·       CORPORATE PROFILE

·       DUBAI ISLAMIC BANK PAKISTAN

Dubai Muslim Bank Pakistan limited (DIBPL) could be a wholly-owned subsidiary of Dubai Muslim Bank UAE (DIB). The parent company DIB could be a listed company in Dubai. The Bank has maintained its position as associate degree innovative answer supplier to all or any the monetary desires of its customers, in accordance to Shari’a.

DIBPL was incorporated in Pakistan as associate degree unlisted public company on could twenty seven, 2005 under the Companies Ordinance (1984) to carry out the business of an Islamic Commercial Bank in accordance with the principles of Islamic Shari’a. The bank of Pakistan (SBP) granted a license to the Bank on November twenty six, 2005 and later the Bank received the Certificate of Commencement of Business from the Securities and Exchange Commission of Pakistan (SECP) on January twenty six, 2006. The Bank commenced operations as a scheduled Muslim full-service bank with impact from March twenty eight, 2006.

In recent years, DIBPL management has taken initiatives towards bringing excellence in its organizational operations. Apart from positioning the processes with its improved Vision, Mission and Values; DIBPL has initiated launching of New Products, New Branches, Learning & Development Interventions and Continuous Improvement in Systems and Processes. Today DIBPL stands at 243 locations (200 branches and forty three palmlike banking booths) in sixty two cities across Pakistan.

DIBPL has a customer base of over 200,000. As an Minimum Capital Requirement (MCR) compliant Bank, the DIBPL enjoys a short-term credit rating of ‘A-1’ and long-term credit rating of ‘AA-’ with a “Stable” outlook by JCR VIS, indicating the Bank’s sturdy position within the trade. The Bank continues to affirm its commitment to Pakistan with new branches and completely Halal & Shari’s compliant new merchandise and services.

Aside from providing comprehensive banking services, DIBPL takes on the role of both an investor and a facilitator to serve as a catalyst for further Foreign Direct Investment (FDI) in the country. Pakistan funds has benefitted from over United States $130 million of FDI from DIBPL alone. The Bank continues to play a lively role in developing the market of Muslim cash equivalent in Pakistan by collaborating altogether major Sovereign Muslim Sukuk issue from the Government of Pakistan also as Sukuk issue from the non-public sector.