A division , sometimes called a business sector or business unit ( segment ), is one of the parts into which a business , organization or company is divided.
4-507: The Numaligarh Refinery is a division of Oil India Limited which is under the ownership of Ministry of Petroleum and Natural Gas , Government of India . It is located at Numaligarh , Golaghat district , Assam in India. Numaligarh Refinery Limited (NRL) was a division of BPCL . It opened in 1999. The commercial production commenced from 1st October, 2000. As of 2014, it had a capacity of 3 million metric tonnes per year. In January 2019,
8-484: A business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank . Subsidiaries are separate, distinct legal entities for the purposes of taxation , regulation and liability . For this reason, they differ from divisions, which are businesses fully integrated within
12-495: The Cabinet Committee on Economic Affairs approved plans to increase the refinery's capacity to 9 million metric tonnes per year. This article about an industrial corporation or company is a stub . You can help Misplaced Pages by expanding it . This article about a natural gas or petroleum-related company is a stub . You can help Misplaced Pages by expanding it . Division (business) Divisions are distinct parts of
16-509: The main company, and not legally or otherwise distinct from it. The Houston Chronicle highlighted that the creation of a division "is substantially easier than developing subsidiaries. Because a division is an internal segment of a company, not an entirely separate entity, business owners create and end divisions at their whim. Also, because individuals in each division are employed by the same company, it's easier to modify staffing to fit with this setup". This business-related article
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