Posts tagged as: mills

CM orders action against mills for non-payment to cultivators

LAHORE Chief Minister Shahbaz Sharif has said that uplift of farmers, protection of their interests and development of agriculture sector is the p The News International – Lahore

Sugar mills CEO to be indicted for issuing threats

KARACHI Judicial magistrate (South) will indict Shunaid Qureshi, CEO of Al-Abbas Sugar Mills, and former Chairman of Pakistan Sugar Mills Associati The News International – Lahore

Report on mills environment issue sought by Dec 11

LAHORE THE Lahore High Court has appointed a technical commission to examine spreading of obnoxious smell by a sugar mill of Faisalabad and its consequent environmental effects in the area. Justice … Lahore News Sources -2

Haris Steel Mills case: Bank of Punjab recovers Rs1b

LAHORE:  Bank of Punjab (BoP) has recovered Rs1 billion from the Dubai-based bank of its defaulter Haris Steel Mills (HSM) and has detected another of its Rs850 million property in Malaysia and offered it for sale. The HSM scandal is one of the country‚Äôs biggest financial scams, in which the BoP had to suffer a […]

Steel sector: Steel re-rolling mills fear unrest if power cuts persist

LAHORE:  The Pakistan Steel Re-Rolling Mills Association (PSRMA) has shown concern over suspension of power to the industry and feared massive layoffs and unrest if it is not restored immediately. In a statement issued on Monday, PSRMA Chairman Asmat Pervaiz and Patron Chairman Hafiz Muhammad Akbar said that the Steel Re-Rolling industry in Punjab is […]

In Punjab: Flour mills call off strike the same day

LAHORE: A half-day strike of the Flour Mills Association over the issue of checks and balances mechanism on their mills has been resolved with control taken away from the newly established Punjab Food Authority (PFA) and given back to the Punjab Food Directorate (PFD). According to the PFA Act 2011, it was given the mandate to […]

Closure of 50 steel melting mills hurts govt coffers

LAHORE:  The government is suffering a loss of Rs975.5 million per month due to the closure of 50 steel melting units in Lahore and Gujranwala alone. These mills were closed by owners due to taxes and higher electricity tariff. The Pakistan Steel Melters Association (PSMA) claims that there is a difference of Rs6.63 per unit […]

Under the microscope: NAB approves references against Steel Mills, Railways

LAHORE:  The executive board of the National Accountability Bureau (NAB) has approved references in the Pakistan Steel Mills (PSM) scandal and the Pakistan Railways case. The references were approved at a meeting of the executive board, presided over by NAB Chairman Qamar Zaman Chaudhry. According to NAB officials, two references regarding the sale of PSM […]

Ministry gets notice on sugar mills plea

LAHORE THE Lahore High Court on Friday issued notice to Ministry of Commerce on a petition moved by nine mills, challenging the ban on sugar export The News International – Lahore

Ministry gets notice on sugar mills plea

LAHORE THE Lahore High Court on Friday issued notice to Ministry of Commerce on a petition moved by nine mills, challenging the ban on sugar export The News International – Lahore

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