Pakistan News

    International Industries Ltd Iil Karachi

  • 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...

  • 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...

  • SSGC slammed for suspending supply to Karachi industries

    KARACHI: The business community has lambasted the Sui Southern Gas Company (SSGC) for shutting down gas supply for 72 hours to the industrial sector...

    Businessmen Group (BMG) chairman Zubair Motiwala in a statement on Friday asked the SSGC to immediately restore supply to industries as gas suspension would terribly affect production and it would become difficult to fulfil their commitments...

  • SHC stays allotment of 21,000 forest acres for industries

    KARACHI: The Sindh High Court on Friday restrained the provincial authorities from allotting over 21,000 acres of forest land in Sujawal and other districts for industrial purposes and from dispossessing the farmers from there...

    The petitioner, a resident of Orangi Town, said that the personnel of the law enforcement agencies raided her house on Jan 15 and took away her husband, an employee of the Karachi Water and Sewerage Board... ...

  • Promising performance of large industries

    Industries have also invested in capacity building...

    In the last fiscal year, LSM growth came on the heels of higher public sector spending on construction and infrastructure, improved security situation, generous bank lending to private sector at low interest rates, better access of industries to gas and electricity supplies and a 3...

  • Centre has assured Sindh of no gas outage for industries, Qaim tells SITE body

    KARACHI: Sindh Chief Minister Syed Qaim Ali Shah on Thursday said he had spoken to Federal Finance Minister Ishaq Dar for provision of a smooth and regular gas supply to all the seven industrial areas in the province...

    However, we are exploring the ways and means to hand over the collected amount to SITE Limited for development of the infrastructure of SITE area,” he said and directed Industries Secretary Ms Shazia to float a...

  • Efficient use of water by industries stressed

    LAHORE: World Wide Fund for Nature Pakistan (WWF-Pakistan) in collaboration with Cleaner Production Institute (CPI) organised a training workshop on Best Water Management Practices (BWMPs) for leather industries at the Sialkot Chamber of Commerce and Industry (SCCI)...

    The workshop was attended by general managers and engineers from 26 industries...

  • Hospitals, industries violating environmental laws

    ISLAMABAD: Minister for Climate Change Senator Mushahidullah Khan told the Senate on Thursday that both hospitals and industries were violating environmental laws on the safe disposal of hazardous waste...

    “There are gaps as far as compliance is concerned both by hospitals and industries...

  • ‘Plastic is mother of all industries’

    KARACHI: The government should focus non-tradition items like plastic to boost its exports as the polymer industry has an average growth of 8 to10 per cent per annum and plastic exports are around 15pc said Mr Zubair F...

    Tufail, President of The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), while inaugurating a three day PakPlas 2017 exhibition of plastic machinery, equipment, raw material and technology at the...

  • PHC stays recovery of gas cess from industries

    PESHAWAR: The Peshawar High Court on Thursday stayed the recovery of arrears on account of Gas Infrastructure Development Cess (GIDC) from around 450 CNG stations and industrial units by the Sui Northern Gas Pipelines Limited (SNGPL) for the period for which the superior courts had declared the levy of such cess illegal...

    After holding a preliminary hearing into six almost identical petitions, a bench comprising Chief Justice Mazhar...
  • Auto, aerospace industries warm to 3D printing

    EDEN PRAIRIE: New 3D printing technology unveiled this week sharply increases the size of objects that can be produced, offering new possibilities to remake manufacturing in the auto, aerospace and other major industries...

    Stratasys says the applications of the robotic technology are broad and could also be utilised in the oil and medical equipment industries...

  • Rs1.5bn package for reviving Bara industries welcomed

    Expressing his satisfaction over restoration of peace in the terrorism-affected Bara sub-division, Haji Tibat Shah, a power loom owner, told Dawn that all the five clusters of silk industries, including Karegar Garhai, Sultan Garhai, Malak Garhai, Nasir Garhai and Zulfiqar Garhai, were now secured as the security forces and local Khasadar and Levies force had established various checkposts there...

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