Tag: Companies
Lucky Cement diverting surplus power to sister companies
Karachi - The Lucky Cement Company (LUCK) has started to consider options of transmitting surplus power to its group companies, as nothing has been done by Karachi Electric Supply Corporation (KESC) in spite of signing an MoU with the company.
LUCK enjoys a surplus power capacity of around 75-80 MW by dint of its waste heat recovery project (WHRP) and captive power plant, and the company signed an MoU with KESC to transmit 40MW of electricity in October this year.
Failure
LUCK enjoys a surplus power capacity of around 75-80 MW by dint of its waste heat recovery project (WHRP) and captive power plant, and the company signed an MoU with KESC to transmit 40MW of electricity in October this year.
Failure
SBP recommends privatisation of state insurance companies
KARACHI: State Bank of Pakistan has suggested the privatization of the state-run insurance companies. These companies include State Life Insurance Company (SLIC), Pakistan Reinsurance Company Limited (PRCL) and National Insurance Company Limited (NICL). In its new Financial Stability Report, SBP said that one of the suggested reforms in insurance sector is the privatization of all the state-owned companies, which has been delayed for quite some time.
SBP observed the insurance
SBP observed the insurance
Medical negligence – ‘Cold Chain’ for vaccines not being maintained by...
LAHORE: A majority of distributors of national and multinational pharmaceutical companies are supplying medicines to retailers without maintaining the requisite "Cold Chain", affecting the efficacy of vaccines, Pakistan Today has learnt.
Medical experts said that maintaining the Cold Chain means that a vaccine manufactured at 2 degree Celsius should be stored in the same temperature until it reaches the patient for proper efficacy of vaccines. They said certain medicines need to
Medical experts said that maintaining the Cold Chain means that a vaccine manufactured at 2 degree Celsius should be stored in the same temperature until it reaches the patient for proper efficacy of vaccines. They said certain medicines need to
SC declines stay on leasing Reko Diq gold mines to foreign...
ISLAMABAD: A three-member Supreme Court bench on Wednesday declined to grant
a stay order on leasing of the Reko Diq gold mines in Balochistan, worth over $260 billion, to foreign exploration companies.
The bench comprising Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday was hearing a petition against leasing out Reko Diq gold and copper mines in Balochistan to foreign companies by the federal
a stay order on leasing of the Reko Diq gold mines in Balochistan, worth over $260 billion, to foreign exploration companies.
The bench comprising Chief Justice of Pakistan Justice Iftikhar Muhammad Chaudhry, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday was hearing a petition against leasing out Reko Diq gold and copper mines in Balochistan to foreign companies by the federal
Govt dissolves BoDs of all DISCOs, GENCOs, transmission companies
ISLAMABAD: Giving impetus to the power sector reforms, the government has announced dissolution of the existing board of directors of the all power distribution, generation and transmission companies with immediate effect from November 22.
An official notification on Monday issued said the existing boards will cease to function immediately and new boards will be notified as soon as possible. This decision has been made in the wake of ongoing power sector reforms.
Official
An official notification on Monday issued said the existing boards will cease to function immediately and new boards will be notified as soon as possible. This decision has been made in the wake of ongoing power sector reforms.
Official
List of companies whose loans were written off by banks
ISLAMABAD
Following is the list of the companies, which had got their loans written off. The State Bank of Pakistan had submitted this list of top 50 public and private companies in the Supreme Court. The list also includes the names of the owners and directors of the companies.
Loans write offs under Banking Companies Ordinance-29 (BPD) among top 50 write offs of Banking Sector: Mercury Garments Industries (Badr-uz-Zaman, Javed Sultan, Muhammad Asif, Muhammad Razi, Muhammad
Following is the list of the companies, which had got their loans written off. The State Bank of Pakistan had submitted this list of top 50 public and private companies in the Supreme Court. The list also includes the names of the owners and directors of the companies.
Loans write offs under Banking Companies Ordinance-29 (BPD) among top 50 write offs of Banking Sector: Mercury Garments Industries (Badr-uz-Zaman, Javed Sultan, Muhammad Asif, Muhammad Razi, Muhammad
