lahore - The severe power breakdowns and continued gas suspension to industry have reduced the rice milling capacity to 50 per cent thus reducing availability of export quality rice.“Unavailability of gas by the SNGPL is resulting in late drying of paddy and unless paddy is not dried, millers ...

Islamabad - Prime Minister Mir Hazar Khan Khoso has said that the caretaker government has taken measures to rehabilitate Pakistan Steel Mills (PSM) so that it can contribute to the economic development of the country. These observations were made by the Prime Minister during a meeting held at ...

karachi - Five members of an industrialist’s family were gunned down mysteriously in Defence Housing Authority on Tuesday.Initial investigation revealed that the major shareholder of Sanghar sugar mills first shot dead his wife and three children and later committed suicide. They were the ...

lahore : The trade and industry have refused to accept the government load management plan of electricity and gas from next week onwards, saying that the industry will register FIRs against the government if it tried to close the textile mills by force in Punjab.Moreover, the Lahore Chamber of ...

LAHORE – Sugarcane Growers Association Convener Javed Malik, in a letter to Punjab Chief Minister Najam Sethi, has said that sugarcane crushing season 2012-13 has now ended and some influential growers have got their payments of sugarcane supplied to sugar mills across the country but the ...

LAHORE – The sugar mills in Punjab have purchased 21.24 million metric tons of sugarcane worth Rs 90.17 billion from growers during the current season till the end of Feb 2013, industry sources said. However, the sugar mills have made payment of around Rs77.18 billion which is 86 per cent of ...

The Supreme Court of Pakistan (SC) heard the Bank of Punjab (BoP) scam case and criticized the performance of National Accountability Bureau (NAB) in recovering the amount from the owners of Haris Steel Mills.A three-member bench headed by Chief Justice Iftikhar Muhammad Chaudhry heard the case on ...

LAHORE - Kisan Board Pakistan (KBP) has urged the government to take solid steps to ensure payment to sugarcane growers by the quarters concerned without any further delay. Talking to a delegation of sugarcane and wheat growers on Thursday, KBP President Sardar Zafar Hussian said that during the ...

LAHORE - SALMAN ABDUHU - The Lahore Electric Supply Company (LESCO), by sending hefty power bills, have forced the small rerolling mills to shut down their units once and for all. All Pakistan Small Rerolling Mills Association (APSRMA) Senior Vice Chairman Mohammad Ashraf while talking to The ...

LAHORE - SALMAN ABDUHU - The production of ghee and edible oil over 4 million kilograms per day has been halted by the manufacturers, as the strike of factories entered third day while no supply was made to any wholesale or retail market. Pakistan Vanaspati Manufacturers Association (PVMA) chairman ...

LAHORE – All ghee and cooking oil mills throughout the country remained closed on Saturday to protest against Karachi’s transport mafia after Friday’s incident in which four tankers, carrying consignments of edible oil, were torched.The transport mafia, backed by political parties ...

LAHORE – Amidst the bumper crop of sugarcane in the province, the cane growers have accused the millers of not accepting their yield on the excuse of non-variety product.The farmers have alleged that management of some sugar mills in district Faisalabad was extorting around 5,000 from each ...

KHANEWAL (APP) The administration of Haq Bahu sugar mills, 18 Hazari, Khanewal, has announced the start of cane crushing from Nov 23. The general manager (cane) of the sugar mills said in a meeting with a growers delegation here Monday that they would start the process of crushing sugarcane from ...

Our Staff reporter SARGODHA - The Punjab Cane Commissioner has imposed Rs8 million fined on National Sugar Mills, owned by Federal Production Minister Ch Anwar Ali Cheema, for non-payment of due the growers. It has been learnt that the sugar mills is owed Rs80 million to sugarcane growers. Besides ...

RAHIM YAR KAHN/SADI-QABAD - The Lahore High Court has ousted former district nazim Makhdoom Syed Ahmad Mehmood and his sons from the Jamaluddin Wali Sugar Mills and allowed former federal minister Jehangir Khan Tareen to take away 6,000 tonnes sugar from the mills. After a business row between ...

OUR STAFF REPORTER LAHORE - Nishat Mills Limited (NML) is scheduled to announce its FY11 results on Tuesday, September 06, 2011. According to analysts, sharp increase in cotton prices during FY11 led to a manifold impact on the prices of all the products in the textile chain. Presently, low-cost ...

OUR STAFF REPORTER LAHORE A Division Bench of the Lahore High Court on Monday dismissed as many as 16 petitions filed on behalf of the sugar mills owned by the Sharif family and others against the levy of special excise duty on their income on the commodity. The Bench of Justice Umar Ata Bandial ...

KARACHI The federal anti-corruption court on Tuesday rejected a bail plea of former Pakistan Steel Mills chairman Moin Aftab, one of the main accused in the corruption case who caused a loss of Rs 22 billion to the Mills. The court refused the plea after hearing final arguments from both the ...

LAHORE - Hundreds of industrial workers and owners of the small rerolling mills under the banner of the All Pakistan Small Rerolling Mills Association on Thursday held a protest rally against the harassment by the officials of Lahore Electric Supply Company at the Lahore Press Club. Holding the ...

ISLAMABAD (APP) - Some 4,732 contract workers of the Pakistan Steels Mills (PSM) have been regularised, said Minister for Industries and Production Mir Hazar Khan Bijarani. He said a bailout package of Rs 20 billion was being prepared for the ailing mills. The package would once again prop up the ...

SWABI The yarn supply from the textile mills of Gadoon Amazai Industrial Estate (GAIE) is expected to resume in the next two days, said the sources here on Saturday. Supporting the strike call of All Pakistan Textile Mills Association (Aptma); Gadoon industrialists stopped the yarn supply after ...

LAHORE - The Punjab government on Thursday admitted it had nothing to do with 40 to 50 per cent cut made in sugarcane by the mill-owners when it reaches their premises, since the Cane Commissioners Punjab has no concern with the issue. Provincial Minister Food Malik Nadeem Kamran told this to the ...

KARACHI - Nishat Mills Limited will invest $60 million in the shares of AES Lal Pir Power Projects after getting formal approval from the shareholders of the company. The proposed shares of AES Lal Pir Limited and AES Gen Limited will be purchased up to $0.188 and $0.175 per shares approximately. ...

KARACHI - Pakistan Steels Mills is practising dual contract system for its employees, depriving daily wagers and contractual staff of their basic rights including confirmation of jobs. It was found that Pakistan Steels Mills has established a subsidiary organisation with the name of Al-Hadeed ...

ISLAMABAD - Chairman National Assemblys Standing Committee on Commerce Engr Khurram Dastagir Khan Thursday said that due to the ongoing sugar crisis, the government faced loss of Rs800 million as the whole crisis was the result of connivance between Ministries of Commerce, Industries & Production ...

LAHORE - Accusing the federal government for creating sugar crisis in the country, PML-Q rebel leader Humayun Akhtar Khan has said that Federal Minister Mian Manzoor Wattoo and Minister of State Ayat Ullah Durranis baseless allegations are a clear effort to divert attention from the impending sugar ...

KARACHI - The inefficiency and inept handling of the situation has been playing havoc with the great national asset - Pakistan Steel Mills (PSM) - as one of its two Coke Oven Batteries (COB) has not been repaired even after a lapse of five months, The Nation learnt Wednesday. The COB-2 has resumed ...

KARACHI - The Pakistan Steel Mills (PSM) will get its first vessel of iron ore (raw material) on July 27 (tomorrow) which has been arriving from Iran and India, while the influential steel dealers and suppliers in the country have stopped 'price adjustment that had to be made on July 20. The ...

LAHORE - Pakistan Sugar Mills Association Punjab Zone Chairman Javed Kayani has said that mills have sugar stock of 17,40,505 million tons, which is sufficient to cater for domestic requirement until the start of next crushing season in November. According to a press release, he said keeping in ...

KARACHI - The Pakistan Flour Mills Association (PFMA) Sindh chapter has proposed that the government should bear Rs5 billion subsidy to release the wheat quota to flour mills on Rs20/per kg immediately, otherwise the flour prices will hike due to depleting stocks available with the private ...