Discos served show cause for unscheduled load shedding

    By NewzTodays Editorial Team | June 26, 2020

    News Desk Islamabad: Two days successively issuing notices to three Discos from Sindh, Nepra—Regulator on Electricity—has issued show-cause notices to all the Discos for unscheduled load shedding of up to 12 hours all over the country, said a notice of Nepra on Friday. PTI Government in a few weeks back published an Economic Survey that…

    LOTTE Chemical warns closure of Plant in Pakistan

    By NewzTodays Editorial Team | March 14, 2020

    Aftab Ahmed Islamabad: M/S LOTTE Chemical has warned to shut down plant due to non-availability of raw material. Earlier, the government had refused to allow Lotte Chemical to import raw material from India. The South Korean firm has explored avenues other than India to import raw materials. But no country had surplus raw material. M/s….

    Rs 385 millions scam unearthed in NBP

    By NewzTodays Editorial Team | March 3, 2020

    Aftab Ahmed The cashiers of the National Bank of Pakistan’s (NBP) in different branches have allegedly been involved in frauds of Rs385 million. The Branches include Khanaspur, Ayubia, and Khaira Gali branches where cashiers have been involved in a fraud of Rs385 million, according to rough estimates. Sources said that they committed the crime in…

    FFBL to invest Rs2.7 billion in Fauji Foods Limited

    By NewzTodays Editorial Team | March 1, 2020

    News Desk Karachi: Fauji Fertilizer Bin Qasim Limited has decided to increase its equity Investment in Fauji Foods Limited by Rs2.7 billion in order to bring growth and improve cash flows. Fauji Foods Limited is engaged in the processing and marketing of brands in Dairy, Tea creaming, and Fruit beverages. In a recent notice file…