Misc.

Karachi: We wish to inform you that 15% Bonus Shares approved at the Company’s 61st... more »

Karachi: Reference above captioned subject, we would like to inform you that, our R/TA has... more »

Karachi: The Karachi Electric Supply Company has expressed great concern over the continuing attacks on the utility’s employees, supply system and assets which blocked normal functioning and delayed the repair of local faults thereby causing issues for the general public for more than two weeks. The maintenance teams, however, persisted to perform their job with enhanced speed and enforcement facing all odds. The maintenance work was completed in SITE area, SITE Industrial area, Mauripur Area, Orangi Area, Baldia Area, West [...]

Faisalabad: Nadim Aftab Sindhu Chairman FESCO Board of Directors (BOD) has expressed deep sense of sorrow and grief over the sad demise of Hakim Ali Zardari father of President Asif Ali Zardari. In a condolence meeting which was also attended by Rana Mushtaq Ahmed President Pakistan People’s Party Faisalabad City, Malik Asghar Ali Qasir Special Advisor Ministry of Interior and Directors of FESCO BOD, the participants offered Fateh for the deceased and prayed patience for the grieved family. For more [...]

Faisalabad: Faisalabad Electric Supply Company has issued a long list of defaulters including five federal and 16 provincial organizations/departments. A spokesman of FESCO said that these departments owe Rs.280 million and final notices are being issued to these departments. Giving further details he said that Pakistan Railways is defaulter of Rs.22.9 million, Sui Northern Gas Pipe Lines (SNGPL) Rs.1.3 million, PTCL Rs.1.2 million, Defense Organization Rs.14 million, G.M National Drainage Program Rs.1.2 million. Similarly among the provincial organizations Chief Engineer [...]

Lahore: On behalf of PCB and People of Pakistan, I welcome Afghanistan Cricket Team. The progress they have shown in recent years is commendable. They have turned out to be a fine team and we expect some good cricket in their matches against Pakistan A. The visit of Afghanistan Cricket Team is also a good sign for the game of Cricket in Pakistan. Unfortunately, our cricket frenzy nation is being deprived of international cricket at home. Capacity-filled stadiums in domestic [...]

Islamabad: Economic situation would continue deteriorating without resource generation if tax base is not expanded in the coming budget, said experts. This was said by economic experts at a seminar ‘Forthcoming Budget 2011-12: Opportunities and Challenges’ jointly organized by Sustainable Development Policy Institute (SDPI) and Actionaid Pakistan here on Monday at SDPI office. On this occasion, former Principle Economic Advisor at Ministry of Finance Sakib Sherani said that the expanding tax base is essential for reducing the budget deficit and [...]