Minister for Railways Sheikh Rashid Ahmed says Pakistan Railways has completed feasibility study of up-gradation of Quetta-Taftan Rail Track. He was talking to Iranian Ambassador Syed Mohammad Ali Hussaini in Islamabad today. He said Quetta-Taftan Rail Track, to be upgraded at a cost of 112 billion rupees, will increase trade and movement of passengers between […]
Archive for October, 2017
Karachi, Data Textiles Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on November 07, 2017 at Lahore. The agenda of the meeting will to consider the Quarterly and Semi Accounts for the period ended March 31, 2017. Further, the company has declared the closed period from October 31, 2017 to November 07, 2017 The firm is a public industrial company engaged in the operation and management of fiber, yarn, and thread mills, specializing in yarn spinning mills, principally in Pakistan. The company was incorporated in the year 1988. The registered head office of the company is located in Lahore, Pakistan. The firm comprises its business activities in spinning yarn from any fiber and/or producing hemp yarn and further processing into rope or bags. The symbol “DATM” is being used by the stock exchanges for the shares of Data Textiles Limited.
الشركات والمستهلكون يدعمون اللوائح التي تقرها الحكومات بشأن أمن إنترنت الأشياء جميع المنظمات (100%) والمستهلكين (93%) يرون ضرورة وضع لوائح لأمن إنترنت الأشياء – ويرغبون في المشاركة الحكومية في هذا الصدد تسريب البيانات و سرقتها هو أكثر المخاوف شيوعًا بين المستهلكين (67%)، بينما أعرب 64% عن قلقهم من اختراق القراصنة لأجهزة إنترنت الأشياء والتحكم فيها […]
Verizon certifies Gemalto LTE-M platform that delivers highly efficient 4G IoT connectivity Provides compatibility with Gemalto’s On Demand Connectivity for simplified IoT remote subscription management Amsterdam – October 31st, 2017 – Billions of new Internet of Things (IoT) devices are expected before 2020 but the majority of these do not require the full capabilities of 4G […]
Pakistan Car Rally organized by Pakistan Army to commemorate 70th Independence anniversary of the country concluded in Gwadar on Tuesday.The participants of the rally arrived in Gwadar in the form of two convoys. The 1st convoy travelled via Coastal Hi…
New Zealand beat Pakistan by 8 runs in the first One Day International of ICC Women’s Championship at Sharjah on Tuesday.Batting first, New Zealand were 240 for 9 in 50 overs.In reply, Pakistan were all-out for 232 in 48.3 overs.Source: Radio Pakistan
Khyber Pakhtunkhwa government has established thirteen Internal Audit Cells to improve government performance.Addressing the launching ceremony in Peshawar on Tuesday, Provincial Minister for Finance Muzaffar Said said the government is committed to ro…
The United Nations Development Programme (UNDP) and USAID signed a Memorandum of Understanding in Peshawar on Tuesday for rehabilitation of Federally Administered Tribal Areas (FATA).Under the MoU, the UNDP will spend one hundred and twenty million dol…
In the first ICC Women’s Championship, Pakistan meets New Zealand at Sharjah on Tuesday.Match will start at 11.00 a.m. PST.Source: Radio Pakistan
Karachi, First Prudential Modaraba informed Pakistan Stock Exchange that the Meeting of Board of Directors of KASB Invest (Private) Limited, Managers of the Company, scheduled on October 30, 2017 at Karachi, is in Progress. First Prudential Modaraba was floated in December 1989 as a perpetual, multipurpose Modaraba with an authorized capital of rupees 100 million. With effect from July 2002, Second Prudential Modaraba and Third Prudential Modaraba stand amalgamated into First Prudential Modaraba thereby making it one of the largest capital based multipurpose Modaraba of Pakistan with a paid up capital of rupees 872.176 million. The objective of the Modaraba inter-alia include participating in Musharika, Morahaba and providing financial assistance for working capital need, Ijaraha of all types of assets with special emphasis on vehicle and industrial machinery, including securitization of lease portfolio of leasing companies and commercial activities including syndication and leveraged leasing, underwriting of public issue of shares. Modaraba’s mission is to create and maintain progressive position in Modaraba sector in Pakistan endeavor to promote Riba-free economy in the country. The symbol “PMI” is being used by the stock exchanges for the shares of First Prudential Modaraba.
Karachi, Gul Ahmed Textile Mills Limited informed Pakistan Stock Exchange that the meeting of the Board of Directors of the Company to consider the Accounts for the First Quarter ended September 30, 2017 is in Progress. Gul Ahmed Textile Mills Limited was incorporated on April 01, 1953 in Pakistan as a private limited company. It was later converted into public limited company on January 07, 1955. The company is a composite textile mill and is engaged in the manufacture and sale of textile products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The installed capacity of the plant is more than 130,000 spindles with 300 weaving machines and yarn dyeing, processing and stitching units, the company has its own captive power plant comprising of gas engines, gas & steam turbines, and backup diesel engines. Besides being a textile manufacturer the company also operates in the retail industry by the opening of its flagship store Ideas by Gul Ahmed. The company has a chain of more than 40 retail stores across the country offering a range of products from home accessories to fashion clothing. Subsidiary companies of the company includes GTM USA Corporation, Gul Ahmed International Limited, GTM Europe Ltd which are 100% owned subsidiary of Gul Ahmed Textile Mills Limited. The symbol “GATM” is being used by the stock exchanges for the shares of Gul Ahmed Textile Mills Limited.
Karachi, Javedan Corporation Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on November 04, 2017 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 30, 2017. Further, the company has declared the closed period from October 27, 2017 to November 04, 2017 Javedan Corporation Limited was incorporated in Pakistan on June 8, 1961 as a public limited company. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The company has ceased the operations of its cement business since July 01, 2010. The management has developed a diversification strategy using which the land of the company shall be utilized for developing housing scheme namely Naya Nazimabad. The symbol “JVDC” is being used by the stock exchanges for the shares of Javedan Corporation Limited.