PTA restores operations of Worldcall Telecom

    By NewzTodays Editorial Team | January 16, 2021

    Aftab Ahmed Pakistan Telecommunication Authority (PTA) has restored Worldcall Telecom Limited Long Distance International license operations. Earlier, the telecom regulator had terminated Worldcall Telecom Limited Long Distance International license due to non-payment of outstanding dues. PTA said that the provision of LDI services stands terminated with immediate effect. PTA terminates Worldcall LDI license AB LDI/LL/WLI./Mobile…

    SSGC seeks transfer of PSM’s land to clear dues

    By NewzTodays Editorial Team | January 16, 2021

    Aftab Ahmed The government is likely to allocate 11 acres of land owned by Pakistan Steel Mills (PSM) to Sui Southern Gas Company (SSGC) to clear its payables. Sources told Newztodays.com that top management of SSGC had approached the government requesting to allocate 11 lands Pakistan Steel Mills (PSM) owns. It has requested the government…

    PTA terminates Worldcall LDI license

    By NewzTodays Editorial Team | January 15, 2021

    Aftab Ahmed Pakistan Telecommunication Authority (PTA) has terminated the Worldcall Telecom Limited Long Distance International license due to non-payment of outstanding dues. PTA said that the provision of LDI services stands terminated with immediate effect. AB LDI/LL/WLI./Mobile Operator also directed to immediately suspend/ terminate all telecom facilities / Interconnection agreements extended to the aforesaid company,…

    Shell, KE to set up EV charging stations

    By NewzTodays Editorial Team | January 8, 2021

    Shell Pakistan Limited (SPL) and K-Electric have signed a deal to determine the possibility of setting up Electric-Vehicle Charging Stations in Pakistan. The bid will result in promoting the use of Electric Vehicles in the country. Both companies will set up the first three Electric-Vehicle (EV) Charging Stations across Karachi and highways connecting to it….

    Sohail Rajput appointed chairman SLIC board

    By NewzTodays Editorial Team | January 5, 2021

    Aftab Ahmed The PTI government has approved Dr. Muhammad Sohail Rajput’s appointment as chairman board of directors State Life Insurance Corporation of Pakistan (SLIC). Sohail is currently working as Special Secretary Ministry of Commerce. https://newztodays.com/us-stocks-fell-after-number-of-unemployment-insurance-skyrocketed-to-more-than-6-6-million-new-claims/ The federal government has established the State Life Insurance Corporation of Pakistan–SLIC under the Life Insurance (Nationalization) Order (LINO)1972. READ …

    ECC allows Wapda to float Eurobonds

    By NewzTodays Editorial Team | December 24, 2020

    The Economic Coordination Committee (ECC) on Thursday approved in principle to allow Water and Power Development Authority (Wapda) to float Eurobonds worth the US $ 500 million for mega-dam projects. Federal Minister for Finance and Revenue, Dr. Abdul Hafeez‘s finance advisor, chaired a meeting. Ministry of Water Resources presented a summary for issuance of WAPDA’s…

    OGDCL seeks Mari, PPL’s shares transfer to clear debt

    By NewzTodays Editorial Team | December 10, 2020

    Aftab Ahmed The Oil and Gas Development Company Limited (OGDCL) has come up with a plan of transferring the government’s shares in Mari Petroleum and Pakistan Petroleum Limited (PPL) to it in a bid to clear the circular debt. It has proposed to transfer share transfer of Rs profitable companies that would result in settling…

    Metropolitan Club likely to be new NCA campus at F-9 Park

    By NewzTodays Editorial Team | December 9, 2020

    Aftab Ahmed The PTI Government is considering housing a new campus of the National College of Arts (NCA) at the Metropolitan Club Building. The majority of the Cabinet members supported establishing the NCA campus in Islamabad without compromising the NCA Rawalpindi quality. The members of the Cabinet expressed a mixed response to the proposal. At…

    Netherland to invest $1.3bn in Bundle Island

    By NewzTodays Editorial Team | December 8, 2020

    Aftab Ahmed A Netherland based firm AWECT will invest $ 1.3 billion in the renewable energy component of the first smart city project of Bundle Island. Sources told News Today that the federal government is conducting different studies to develop Pakistan’s first small city project at Bundle Island. The core objective of technical studies lies…

    Aiman Khan, featured in 100 digital stars in Forbes Asia

    By NewzTodays Editorial Team | December 8, 2020

    Aiman Khan, a Pakistani actress, has been named in Forbes Asia 2021 digital stars, the most followed Pakistani celebrity on Instagram. Forbes magazine said that she had around 8 million followers on Instagram. Khan is a celebrity on Instagram whom most Pakistanis follow. She and her twin sister Minal Khan are running the clothing site…