Nishat Mills profit falls 13.4pc
KARACHI: Nishat Mills Ltd reported on Monday its unconsolidated profit for 2016-17 decreased 13...
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ArchiveNishat Mills earnings surge 31pc
KARACHI: Nishat Mills announced on Friday a consolidated profit attributable to majority shareholders of Rs1...
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PakistanHyundai to assemble cars in Pakistan in venture with textile group Nishat Mills
Hyundai Motor Company plans to set up a car assembly plant in Pakistan in a joint venture with local textile firm Nishat Mills, an official from Nishat said on Friday...
Hyundai and South Korea's Kia Motor used to assemble cars in Pakistan until 2004 but withdrew after their local partner Dewan Farooque Motors Limited went bust...
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ArchiveSale of Nishat Cinema
IT was indeed sad news hearing about the sale of Nishat Cinema which had been inaugurated by the Late Fatima Jinnah...
There is no need for me to elaborate on the heritage value of Nishat Cinema...
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ArchiveNishat to cut energy use
LAHORE: IFC, a member of the World Bank Group, is helping Nishat Mills reduce its environmental footprint and improve competitiveness by identifying opportunities for energy and water savings...
IFC’s Resource Efficiency Advisory programme will provide Nishat Mills with an assessment of energy and water efficiency opportunities at its Lahore plant...
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ArchiveNishat Group to introduce electric, hybrid cars
LAHORE: Nishat Group, which has recently entered into an agreement with Hyundai Motor Company to set up a car assembly plant in Pakistan, is planning to introduce electric and hybrid passenger cars...
“The (South) Korean carmaker wants to first start the assembly of small cars that could compete with the existing (Japanese) assemblers already operating in this market,” Nishat Group’s chairman Mian Mansha told Dawn on Thursday...
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ArchiveHyundai Nishat signs pact with production ministry
KARACHI: Hyundai Nishat Motor Ltd has signed an investment agreement with the Ministry of Industries and Production under Automotive Development Policy 2016-21 for setting up a greenfield project to undertake assembly and sale of passenger and one-tonne commercial vehicles...
Senior officials of Nishat Mills said the production of vehicles would start within two years...
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PakistanPM Abbasi breaks ground on Hyundai-Nishat vehicle assembly plant in Faisalabad
The groundbreaking ceremony of the Hyundai Nishat vehicle assembly plant at Faisalabad's M-3 Industrial City took place on Wednesday, with local production of vehicles expected to begin within two years...
Hyundai Nishat Motor Ltd signed an investment agreement with the Ministry of Industries and Production under the Automotive Development Policy 2016-21 earlier this week to set up a greenfield project to undertake assembly and sale...
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ArchiveHyundai-Nishat begins truck production
LAHORE: Hyundai-Nishat Motor Company on Wednesday started commercial production of light trucks at its assembly plant in Faisalabad...
Nishat Group has partnered with Millat Tractors and Soljitz Corporation of Japan to invest Rs19 billion to assemble Korean cars and light trucks at its manufacturing facility spread over 67 acres...
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BusinessOne of Pakistan’s largest textile companies, Nishat Chunian to partially suspend operations
Nishat Chunian Limited, one of Pakistan’s largest textile companies, informed investors on Wednesday that it was temporarily shutting off some spindles because of market conditions...
In a Pakistan Stock Exchange filing, Nishat Chunian Limited (NCL) stated, “The company has an installed capacity of 219,528 spindles and 2,880 rotors in its spinning division...
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ArchivePSL may be limited to Karachi, Lahore due to Covid-19
LAHORE: The Pakistan Cricket Board (PCB) is considering a proposal to limit the next edition of the HBL Pakistan Super League (PSL) to two venues, Karachi and Lahore, due to the prevailing Covid-19 situation, it has emerged...
According to sources, though it was not an approved option but most likely that all the 34 matches of PSL 2021 would be staged in Karachi and Lahore, with both the cities hosting equal number of games...
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SportLimited over matches between Pakistan and Australia shifted from Pindi to Lahore: minister
Interior Minister Sheikh Rashid Ahmed on Friday said that the limited over matches between Pakistan and Australia have been shifted to Lahore from Rawalpindi...
Speaking to the media in Islamabad, he said, "The decision has been made that all four matches scheduled in Rawalpindi will now take place in Lahore...
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ArchiveFailure to cover PM’s Lahore visit costs PTV officials their jobs
ISLAMABAD: The state-run Pakistan Television (PTV) has suspended 17 officials for failing to ensure ‘proper’ coverage of PM Shehbaz Sharif’s Lahore visit on the channel last week...
PM Sharif had on April 24 visited Kot Lakhpat Jail and Ramazan Bazaars in Lahore, however, the PTV team, despite prior information failed to cover the events on the spot allegedly owing to non-availability of a properly functional laptop...
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ArchiveTrump’s limited appeal a warning sign for Republicans
The results from Tuesday, particularly in Virginia, suggest that Trump’s strategy of playing to a loyal but limited base has not enabled him to broaden support for his presidency or his party...
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ArchiveSaudi-led troops in ‘limited Yemen deployment’
ADEN: The Saudi-led coalition battling Houthi rebels in Yemen sent a ‘limited’ force to the city of Aden on Sunday, Yemeni sources said...
“A limited coalition force entered Aden and another force is on its way”, a Yemeni government official in Aden said...
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