Pakistan News

    Chashma Sugar Mills Ltd Islamabad City

  • Nawaz govt funnelled money for Islamabad airport into Chaudhry Sugar Mills: PM's aide

    Special Assistant to Prime Minister on Accountability Shahzad Akbar on Thursday said former premier Nawaz Sharif, during his time as the chief executive, used the new Islamabad International Airport project to inject money into Chaudhry Sugar Mills...

    Addressing a press conference in Islamabad on Thursday, the PM's aide presented a breakdown of the alleged corruption that had been carried out by the Sharifs with links to the Chaudhry...

  • Dutch company to acquire Engro Foods Ltd

    KARACHI: A Dutch dairy cooperative is set to buy out food giant Engro Foods Limited with an investment of around $460million, in what would amount to the largest private sector takeover by a foreign firm in the country's history...

    FrieslandCampina International Holding BV intends to acquire a 51 per cent stake of Engro Foods Limited, one of the largest listed companies at the Pakistan Stock Exchange (PSX), a notification on the bourse's...
  • AGP Ltd raises Rs2.8 billion

    KARACHI: AGP Ltd, a pharmaceutical company in the fold of OBS Group, has raised Rs2...

    At the gong-ringing ceremony at the PSX on Monday that signalled the start of trading of company’s stock, AGP Ltd share price quickly hit the upper circuit of 5 per cent to take the stock price to Rs84, from the offered price of Rs80 a share...

  • High flood at Chashma, Kalabagh

    LAHORE: The Flood Forecasting Division said on Monday that River Indus was in high flood at Chashma and Kalabagh and in medium flood at Taunsa whereas the Met Office forecast heavy but scattered rains across Punjab and Kashmir for 24 hours with an interval on Wednesday and continuation of the wet weather from Thursday to Saturday...

    “In Indus, the water inflow and outflow at Chashma and Kalabagh are 515,000 and 511,000 cusecs and...

  • PM inaugurates country's 5th nuclear power plant at Chashma

    Prime Minister Shahid Khaqan Abbasi on Friday inaugurated the country's fifth nuclear power plant C-4 at Chashma, Mianwali area, reported DawnNews...

    The Chashma nuclear power projects units, C-1, C-2 and C-3 have already been successfully contributing to the national grid, he said, adding that two large nuclear power plants, K-2 and K-3, were also under construction that he hoped would be operational soon...

  • Sindh protests release of water to Chashma-Jhelum link canal

    KARACHI: The Sindh Assembly on Friday strongly protested the release of irrigation water to the Chashma-Jhelum link canal, calling it a violation of the inter-provincial agreement by the Indus River System Authority...

    Mr Khuhro said when the Chashma-Jhelum link canal was built in the 1970s as a flood canal, an agreement was signed with Sindh that water to the canal could be released only with the consent of Sindh...

  • KP eyes Chinese funding for Chashma irrigation project

    PESHAWAR: The Khyber Pakhtunkhwa government is looking to Chinese investors for funding the much-delayed Chashma Right Bank Canal irrigation project in DI Khan district...

    A project brief available with Dawn says work on the scheme will begin from Chashma barrage and feeder channel and that it will run parallel to the existing Chashma Right Bank Gravity Canal up to 59 kilometers where a pumping station will be installed...

  • Work on Chashma canal project from next fiscal

    PESHAWAR: Chief Minister Pervez Khattak has said that construction work on Chashma lift canal project will be started in the next financial year at a cost of Rs121 billion, which will irrigate 246,140 acres of land and benefit 250,000 people of the area...

    Those present on the occasion included senior minister for irrigation Sikandar Sherpao, revenue minister Ali Amin Gandapur, MPA Ihtesham, secretary irrigation Akhter Rasheed and...

  • Concern over flouting ban on setting up sugar mills

    BAHAWALPUR: Local cotton growers have expressed concern over the alleged permission given to some businessmen by the Punjab government to set up sugar mills in Channigoth area despite a ban, warning that it would affect economy in the “cotton belt”...

    Dawn has learnt that recently, with the permission of Punjab government, some influential businessmen have acquired more than 50 acres of land near Channigoth near...

  • Ittefaq sugar mills files appeal against LHC verdict on Bahawalpur plant

    ISLAMABAD: The Ittefaq Sugar Mills Limited, believed to be owned by the Sharifs, has approached the Supreme Court to assail the Sept 11 Lahore High Court order of dismantling the sugar plant from the relocated area of Bahawalpur within three months...

    The entity had relocated its sugar mills from Pakpattan district to Bahawalpur district for commencing crushing at the new site for the 2015 season when a ban was already in place on...

  • Relocation of Sharif family's sugar mills to south Punjab is illegal: LHC

    The Lahore High Court (LHC) on Monday declared the relocation of Ittefaq Sugar Mills, Haseeb Waqas Sugar Mills and Chaudhry Sugar Mills — all owned by members of the Sharif family — to southern Punjab as illegal, DawnNews reported...

    Headed by Chief Justice Syed Mansoor Ali Shah, the division bench was hearing intra-court appeals of the three sugar mills challenging a single bench order which, in October 2016, had stopped shifting of...

  • SECP ex-chairman Hijazi's acquittal plea dismissed in Chaudhry Sugar Mills record tampering case

    A special court of the Federal Investigation Agency (FIA) on Friday dismissed former Securities and Exchange Commission of Pakistan (SECP) chairman Zafar Hijazi's acquittal plea in the Chaudhry Sugar Mills record tampering case...

    The court indicted Hijazi on October 27 for tampering with records related to the Sharif family's sugar mills by pressuring his subordinates to change dates on documents pertaining to the mills...

  • Relocation of Sharifs’ sugar mills illegal: LHC

    LAHORE: The Lahore High Court (LHC) on Monday rejected appeals regarding the relocation of three sugar mills, owned by former prime minister Nawaz Sharif and his relatives, to southern Punjab districts, declaring the move illegal...

    The court also ordered the appellants to move the mills back to their previous locations within three months...

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