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Daily Archives: November 5, 2015

Supreme Court passes judgment in favour of Zong’s petition on Data Subscriber Identity Modules

Karachi, November 05, 2015 (PPI-OT): While hearing CMPak (Zong) application for the removal of 5 SIMS restrictions per CNIC, the Supreme Court of Pakistan here on Thursday gave verdict in favour of CMPak (Zong) and removed the restriction by allowing maximum of three Data SIMs and five Voice SIMs per CNIC. After repeated strong demand ...

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Pakistan Credit Rating Agency Limited upgrades ratings of Cherat Cement

Lahore, November 05, 2015 (PPI-OT):PACRA has upgraded the long term and short-term entity ratings of Cherat Cement Company Limited (Cherat Cement) to ‘A’ (Single A) and ‘A1’ (A one) respectively [previously: ‘A-‘ and ‘A2’]. The ratings denote strong capacity for timely payments of financial commitments. The ratings reflect Cherat Cement’s ability to capitalize on healthy ...

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