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Karachi, September 28, 2020 (PPI-OT): Chairman Businessmen Group (BMG) and Former President KCCI Siraj Kassam Teli, while accusing all politicians for numerous crises being faced by the country, stated that it was really unfortunate that well-educated and competent people do not participate in the elections or make any attempt to …
Read More »Daily Archives: September 28, 2020
Employers Federation of Pakistan demands restoration of SITE drains
Karachi, September 28, 2020 (PPI-OT): “The prime reason for the deteriorated and dilapidated condition of SITE Karachi has been the illegal allotment, annexation, encroachment and regularization of open drains (Nullahs). The recent rains have exposed the criminality done to majority of the industries due to the connivance of certain industrialists …
Read More »PACRA Maintains the Asset Manager Rating of First Capital Investments Limited
Lahore, September 28, 2020 (PPI-OT): The rating reflects the company’s modest market share, adequate organizational structure, weak fund performance and limited fund slate comprising a single fund. The Company’s AUMs have witnessed up stick by 8.8% since Jun’19 and stood at PKR 106mln at end Jun-20. The net losses of …
Read More »Ratings of Summit Bank
Karachi, September 28, 2020 (PPI-OT): Summit Bank Limited has made an announcement of its CY2018 results. Moreover, through a letter dated March 30th 2020 the Bank has intimated to the PSX firm intention of a prospective investor to acquire majority stake in the Bank while ensuring compliance with Minimum Capital …
Read More »Daraz inaugurates New Head Office in Karachi
Karachi, September 28, 2020 (PPI-OT): Daraz, the leading online marketplace in the country, on Monday, 28th September 2020 inaugurated it’s the new head office at Sky Tower, Dolmen City, Karachi with guest of honour Federal Minister for Information Technology and Telecommunication Syed Aminul Haque present. With open-floor plans, pods, and …
Read More »Zong to Accelerate Digitalization in Rural Balochistan through USF Contract
Islamabad, September 28, 2020 (PPI-OT): Taking a major stride towards its mission of accelerating digital inclusion in the underserved areas of Pakistan, Zong 4G has won a USF project to power some areas of rural Balochistan with high-speed mobile broadband. The Universal Service Fund (USF) has awarded Zong with a …
Read More »COVID-19 claims 3 more lives in Sindh
Karachi, September 28, 2020 (PPI-OT): As many three more patients of coronavirus died overnight lifting the death toll to 2,495 and 378 new cases emerged when 12,097 samples were tested raising the tally to 136,395. This was stated by Sindh Chief Minister Syed Murad Ali Shah in a statement issued …
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