The board of directors of K-Electric announced the appointment of Ikram Sehgal as Director and Chairman of the company. This decision comes following the cessation of Muhammad Tayyab Tareen’s role as Director and Chairman, effective January 18, 2019.
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Colgate-Palmolive to deposit unclaimed dividend amount to national kitty
Colgate-Palmolive (Pakistan) Limited has made a significant announcement by declaring its intention to deposit the amount of unclaimed shares and unpaid dividends into the national treasury.
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Preliminary report on Karachi deep sea drilling submitted
KARACHI – A multinational joint venture comprising ENI, Exploration and Production Pakistan BV (EEPP), and Pakistan Petroleum Limited (PPL) has initiated the preliminary phase of offshore drilling for oil and gas in Karachi’s ultra-deep waters.
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DRAP notifies up to 15 percent increase in medicine retail prices
ISLAMABAD – The Drug Regulatory Authority of Pakistan (DRAP) has issued a notification announcing an increase in the maximum retail prices of medicines by up to 15 percent.
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Imran Farookhi given acting charge of MD SSGC
KARACHI – The Board of Directors (BoD) of Sui Southern Gas Company Limited (SSGC) announced the appointment of Imran Farookhi as the Acting Managing Director for a provisional period of 90 days in a statement released on Friday.
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Cement dispatches down to 3.87 million tons in December
Karachi, January 4, 2019 – Provisional cement data for the month of December 2018 has revealed a 1 percent month-on-month (MoM) decline in cement dispatches, totaling 3.87 million tons, compared to November 2018 when it stood at 3.90 million tons.
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