Just in:  

You are here: Home»Company News»Pakistan

Company News: Pakistan


Coal has long been termed the next big thing in Pakistan's power sector. It sadly has had one obstacle too many to turn into reality. Pakistan faces another round of disagreements as the government has gotten the revised tariff for coal power, challenged by PTI's Asad Umar.

Chas Roy Chowdhury, Head of taxation at ACCA, has a degree in applied economics as well as being a fellow of ACCA. He worked in public practice from 1980 until 1991 when he joined ACCA Technical Department. He sits on the European Commission Platform for tax governance, represents ACCA at BIAC on tax matters, and chairs Taxation Working Group of small business organisation. He is also a member of indirect and direct tax working parties at Federation des Experts Compatables Europeans (FEE) - the umbrella group for first-tier European accountants.
Incorporated in 1967 as Hoechst Pakistan Limited, Sanofi-Aventis Pakistan is a distinguished company in the pharmaceutical industry of Pakistan. The company started the manufacturing of pharmaceuticals and chemicals in 1973. Sanofi is also listed on Karachi Stock Exchange since 1977 and has a market capitalisation of Rs 7.3 billion.
Armed with an asset base of Rs 28 billion, and an issued and paid-up capital of Rs 3.5 billion, Adamjee Insurance ranks as the third largest player in the private non-life insurance sector of Pakistan. Incorporated in 1960 as a public limited company, the company is involved in the business of general insurance. Not only it has the presence in Pakistan, the firm runs two branches in UAE as well. The company is listed on all three stock exchanges of Pakistan.
Nishat Power Limited, an independent power producer, was incorporated as a public limited company in 2007. It was the third IPP to get incorporated under the Power Policy 2002 after Atlas and Attock. This IPP is a subsidiary of Nishat Mills Limited of Nishat Group. Nishat Group is a conglomerate that has a presence in many sectors like cement, textile, insurance, banking and aviation. Through Nishat Mills Limited, the group currently holds 56.84 percent of the thermal-based IPP, Nishat Power Limited.
Mohsin Khalid is the CEO of ITC Logistics, a regional transportation and supply chain provider with operations in Pakistan & Afghanistan. He is also currently the Executive Director of Ittehad Steel group, a Pakistani conglomerate with interests in steel, logistics and renewable energy.
Sarfaraz Ahmed Rehman laid the foundations of Engro Foods in 2005 and served as the firm's CEO for the next six years. He subsequently moved away from the commercial operations' side of the business in 2011 and got involved in CSR endeavours, but returned as Engro Food's CEO to guide the firm through troubled waters. BR Research recently sat down with Rehman and had a candid discussion over Engro Food's recent past and future plans. Below are the edited excerpts.


Index Closing Chg%
Arrow DJIA 16,380.41 1.63
Arrow Nasdaq 4,258.44 0.97
Arrow S&P 1,886.76 1.29
Arrow FTSE 6,310.29 1.85
Arrow DAX 8,850.27 3.12
Arrow CAC-40 4,033.18 2.92
Arrow Nikkei 14,532.51 1.40
Arrow H.Seng 23,023.21 0.53
Arrow Sensex 26,108.53 0.42

where to buy

cheap wedding dresses

online -

Banking Review 2013

Buy new style hair wigs at cheap price on

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 10, 2014
Reserves $13.401 bln