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Karachi, December 04, 2020 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has reaffirmed the entity ratings of Intermarket Securities (IMS) at ‘A-/A-2’ (A minus/A-Two). Outlook on the assigned ratings is ‘Stable’. Previous rating action was announced on September 05, 2019. Ratings reaffirmation takes into account the established and sustained market …
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VIS Credit Rating Company Assigns Initial Entity Ratings to NASDA Green Energy Limited
Karachi, December 04, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings to NASDA Green Energy Limited (NGEL or the Company) of ‘A-/A-2’ (Single A Minus/A-Two). Long term rating of ‘A-’ indicates good credit quality; adequate protection factors. Risk factors may vary with possible changes in …
Read More »K-Electric to Upgrade Transmission Network in Balochistan Service Area!
Karachi, December 04, 2020 (PPI-OT): As part of its phase-wise plan to transform and improve its entire transmission and distribution network, K-Electric (KE) has planned the upgradation of its existing transmission network from Hub Chowki to Bela Grid. These plans will ensure greater availability and reliability of power through enhancement …
Read More »Graana.com Partners to Host Cycling Sunday, Promoting Eco-friendly Activities in Islamabad
Islamabad, December 04, 2020 (PPI-OT): Graana.com, in collaboration with Urban Innovation and Islamabad Capital Territory Administration (ICTA) partners with Islamabad Cycling Association, ITP, Tobacco Smoke-free Islamabad, Urban Platform, MTB Islamabad, Prime Minister’s Tiger Force, and Critical Mass Islamabad, to host ‘Cycling Sunday’. The recreational event will be held on December …
Read More »Virus to hit global GDP by $12 trillion
Karachi, December 04, 2020 (PPI-OT): Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said global GDP will take a hit of $12 trillion due to the pandemic during 2020-21. Developed economies …
Read More »PACRA Upgrades Entity Ratings of Kingcrete Builders
Lahore, December 04, 2020 (PPI-OT): The ratings reflect the Kingcrete’s extensive experience in the civil construction and engineering business. The firm has exhibited renewed energy ever since the induction of the second generation. Over the years, Kingcrete has undertaken sizeable no of projects, which span a number of years. Some …
Read More »Focusing on regenerative agriculture and moving to renewable electricity, Nestle redoubles efforts to combat climate change
Lahore, December 04, 2020 (PPI-OT): As a signatory of the UN ‘Business Ambition for 1.5°C’ pledge, Nestle is one of the first companies to share its detailed, time-bound plan and to do so ahead of schedule. The company is taking measures to halve its emissions by 2030 and achieve net …
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