Bombardier and Alstom Sign Definitive Agreement for Sale of Transportation Business

Sale based on enterprise value of $8.4 billion (EUR 7.15B), reflecting a post-MOU $350M (€300M) price reduction, offset by positive foreign currency impact Net proceeds to Bombardier expected to be ~$4.0B at closing
Closing now expected in the first quarter of 2021, subject to customary closing conditions and remaining regulatory approvals All amounts in this press release are in U.S. dollars unless otherwise Read More…

(District): Two brothers die of food poisoning, girl faints in Tandojam

Tandojam:Two brothers lost their lives and a girl fainted due to food poisoning near Tandojam on Wednesday. Two brothers, Nisar Ahmed, 7, Ayaz Ahmed, 16, and a girl got fainted due to consuming contaminated food in village Adam Jamali near Tandojam. They were rushed to a local hospital for treatment, where the two brothers died while the girl’s condition was stated to be serious. The incident has created a moRead More…

(Govt): Transfers and postings

Quetta:Saqib Zaib Kasi (BSS/BS-18/US/Act), Under Secretary, Under Secretary, Planning and Development Department has been transferred and posted as Acting Deputy Secretary, Livestock and Dairy Development Department against an existing vacancy. However, the services of Yehya Khan Panezai (BSS/BS-17) are placed at the disposal of Planning and Development Department, who has been posted as Section Officer, Planning Read More…

(Banking): UnionPay International and HBL Launch Contactless Cards

Islamabad:HBL is a Founding Member of UnionPay International (UPI) since 2012 and holds a seat in UPI’s Middle East Regional Member Council. HBL is the largest issuer of UnionPay Cards in Pakistan and the Middle East Region and is one of the first Issuers in Pakistan to introduce UnionPay debit cards as the mainstream payment card brand. HBL UnionPay cards are now enabled for QuickPass and all new cards will be issueRead More…

Senate: (Govt believes in strengthening of religious seminaries: Senate told)

Islamabad:Minister of State for Parliamentary Affairs Ali Muhammad Khan has said that government believes in strengthening the structure of religious seminaries for the promotion of Islam. Replying to a question during Question Hour in the House, he said we have complete liaison with the administration of the seminaries across Pakistan. He said being a signatory of UN Charter, Pakistan has frozen properties of Read More…

(District): Irate man kills mother near TMK

Tando Mohammad Khan:An irate man killed his mother near Tando Mohammad Khan on Wednesday. The man, Asghar Mallah, attacked his 49-year-old mother, Rasti Mallah, with a stone in village Saman Mallah near Tando Mohammad Khan following which she suffered severe head injury and died. Police rushed to the scene on information, shifted the body to a local hospital and handed over to the family after completion of a pRead More…

(Govt): Reshuffle in Balochistan bureaucracy

Quetta:Hashim Ali (BSS/BS-18), Under Secretary (Cabinet), S and GAD has been transferred and posted as Acting Deputy Secretary (Cabinet), S and GAD against an existing vacancy, says a Notification issued by Services and General Administration Department, Government of Balochistan here on Tuesday. However, Zawar Ali (BSS/BS-18), Under Secretary, Irrigation Department, awaiting for actualization of his promotion in Read More…

(District): Cleanliness drive in Chaman launched

Chaman:Administrator and Chief Officer, Municipal Corporation Chaman, Muhammad Salim Achakzai said all available resources are being mobilized for addressing the problems of Chaman. These views were expressed by him while talking to local people during his inspection of ongoing cleanliness drive launched on the instructions of MPA Asghar Khan Achakzai on Tuesday. He said that all the genuine demands of the peopRead More…

(District): Cops promoted in Balochistan

Quetta:Several Assistant Sub Inspectors (BS-11) have been promoted to the rank of Sub Inspector (B-14) on the recommendations of the Departmental Promotion Committee. According to an order issued by the office of Commandant Balochistan Constabulary Quetta, Assistant Sub Inspectors (B-11) Muhammad Yousaf, Abdul Majeed, Ali Shair, Muhammad Naveed Shah, Abdul Shakoor, Jamil Ahmed, Muhammad Hadi, Bashir Khan, Ali GohaRead More…

(Court): Ex-minister’s wife seeks removal of her name from ECL

Karachi:Sindh High Court (SHC) on Wednesday sought a reply from National Accountability Bureau (NAB) and Sindh Home Department till 21 September on a plea filed by wife of former provincial minister Sharjeel Inam Memon against putting her name in Exit Control List (ECL). A SHC bench heard the plea filed by Ms Sadaf Sharjeel against putting her name on ECL. I am a business woman having business in foreign, she statRead More…