The Route to Prosperity
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Comparative Analysis of Textile Firm in Pakistani Business Group (Case of DEWAN and MANSHA Group)
KASBIT Business Journal (KBJ) Vol. 12, 109-137, December 2019 Comparative Analysis of Textile Firm in Pakistani Business Group (Case of DEWAN and MANSHA Group) Shahida Suleman Faculty member of ILMA University Rashid Ali PhD Scholar Indus University Assistant Professor ILMA University Abstract This study is conducted in order to determine how does various financial factors liquidity efficiency, profitability and market share affect the financial performance of two textile family firm in Pakistani business group Nishat textile Mill and Dewan textile Mill. In this study, we conducted a comparative study by comparing both firm financial performance in term of liquidity, profitability, efficiency and market share. Data collected by the secondary source company’s annual audited report the size of the data is five we work on five years’ company financial data. Size of the sample is small selected two companies from textile sector. Nishat textile mill and Dewan textile mill selected in order to conduct comparative analysis of financial performance of companies. In order to evaluation and comparison of financial performance of selected companies, Textile Mill and Dewan Textile Mill. We use a financial ratio analysis technique, and adopted inductive approach by exploring the factors that affected the Dewan Textile Mill financial performance. In this research, use only secondary data. The exploratory research technique used for this study. The unit of analysis of our research is textile firm. Our results are indicating both firm financial position clearly that how adversely these financial factors affected the financial performance of the both firm. Our results indicating that Dewan textile mill liquidity efficiency profitability and market share are negative firm consistently suffered losses and became bankrupt contrarily Nishat textile mill liquidity, efficiency, profitability and market share indicating a positive results company consistently generating profit by efficiently manage its physical and human resources. -
Annual Plan 2010-2011
ANNUAL PLAN 2010-11 PLANNING COMMISISON PLANNING AND DEVELOPMENT DIVISION GOVERNMENT OF PAKISTAN JUNE, 2010 CONTENTS Pages Foreword Executive Summary i Part-I Macroeconomic Framework 1 Chapter 1 Growth, Investment and Savings 3 2 Balance of Payments 11 3 Fiscal and Monetary Developments 21 4 Public Sector Development Programme 29 Part-II Overcoming Major Constraints 39 5 Water Resources Development 41 6 Energy Security 47 Part-III Human Resource Development 57 7 Education for Knowledge Society 59 7.1 School and College Education 59 7.2 Higher Education 62 7.3 Science and Technology 67 8 Employment 75 9 Population and Development 85 Part-IV Poverty Alleviation and Millennium Development Goals 91 10 Poverty Reduction 93 11 Health and Nutrition 101 11.1 Health 101 11.2 Nutrition 106 Part-V Main Features of Sectoral Programs 109 12 Agriculture Development 111 12.1 Agriculture Crops 111 12.2 Livestock, Poultry and Fisheries Development 119 13 Manufacturing and Minerals 125 14 Transport and Communication 133 15 Physical Planning and Housing 139 16 Information and Communication Technologies 147 16.1 Information Technology 147 16.2 Telecommunications 155 17 Women Empowerment and Social Welfare 159 17.1 Women Development and Empowerment 159 17.2 Social Welfare 162 18 Rural Development, Special Areas and Drought Recovery 165 Program 18.1 Rural Development 165 18.2 Special Areas 170 18.3 Drought Recovery Assistance Program 175 19 Environment and Sustainable Development 183 20 Mass Media, Culture, Sports, Tourism and Youth 187 20.1 Mass Media 187 20.2 Culture, Sports, Tourism and Youth 189 21 Good Governance 193 21.1 Reforms Programme 193 21.2 Monitoring and Evaluation 196 Foreword Foreword The National Economic Council (NEC) in its meeting held on 28th May, 2010 under the chairmanship of the Prime Minister, reviewed the performance of the economy during 2009-10 and approved the Annual Plan 2010-11. -
1 (15Th Session) NATIONAL ASSEMBLY SECRETARIAT
SHABIH 1182 (14) NA (S) PC-11 (SHABIH Folder) 1 (15th Session) NATIONAL ASSEMBLY SECRETARIAT ————— “QUESTIONS FOR ORAL ANSWERS AND THEIR REPLIES” to be asked at a sitting of the National Assembly to be held on Wednesday, the 22nd October, 2014 22. *Mr.junaid Akbar: (Deferred during 12th Session) Will the Minister for Water and Power on be pleased to state: (a) whether it is a fact that rules of NEPRA have been violated in awarding contract of Neelum-Jhelum Hydro Power Project; (b) if the answer to part (a) above is in the affirmative, whether there is any proposal under consideration of the Government to take necessary action against the responsibles thereof; if so, when it will be implemented? Minister for Water and Power (Khawaja Muhammad Asif): (a) It is clarified that National Electric Power Regulatory Authority (NEPRA) deals with Tariffs for generation, transmission and distribution of electric power and it does not deal with rules relating to awarding of the contracts. However, for awarding public sector contracts, PPRA rules are to be followed. In case of NJHEP, contract was awarded by strictly following PPRA rules for international bidding. (b) Not applicable. 84 *Mr. Nafeesa Inayatullah Khan Khattak: (Deferred during 14th Session) Minister for Industries and Production be pleased to state; (a) whether it is a fact that the Textile Sector posted a decline of nine percent in earnings Miring first nine months of the current fiscal year; if so, the reasons thereof; 2 (b) the factors in local market/elsewhere including the appreciation of Pakistani rupee that caused the low level of profitability in the Textile Sector; and (c) the steps taken by the Government to increase textile exports of the country? Transferred to Textile Industry Division for answer on Next Rota Day. -
Kadir Has University Graduate School of Science and Engineering
KADIR HAS UNIVERSITY GRADUATE SCHOOL OF SCIENCE AND ENGINEERING AN EVALUATION OF ENERGY AND ELECTRICITY IN PAKISTAN GRADUATE THESIS MUHAMMAD JASIM HUMAIYUN February, 2016 Student’s Full Name Full Student’s Humaiyun Jasim Muhammad Ph.D. (or M.S. or M.A.) Thesis Thesis M.A.) or M.S. (or M.S 2016 20 11 ii APPENDIX B AN EVALUATION OF ENERGY AND ELECTRICITY IN PAKISTAN MUHAMMAD JASIM HUMAIYUN Submitted to the Graduate School of Science and Engineering in partial fulfillment of the requirements for the degree of Master of Science in INDUSTRIAL ENGINEERING KADIR HAS UNIVERSITY February, 2016 iii AN EVALUATION OF ENERGY AND ELECTRICITY IN PAKISTAN MUHAMMAD JASIM HUMAIYUN APPROVED BY: Prof.Dr. Volkan §. Ediger (Advisor) Dog. Dr. Aliiiiet Deniz YUCEKAYA (Co-advisor) Assoc. Prof. Dr. Zeki BOZKUb (Jury member) APPROVAL DATE: 7/April/2016 iv APPENDIX B APPENDIX B KADIR HAS UNIVERSITY GRADUATE SCHOOL OF SCIENCE AND ENGINEERING APP END IX C v APPENDIX B APP END ABSTRACT IX C EVALUATION OF ENERGY AND ELECTRICITY IN PAKISTAN Muhammad Jasim Humaiyun Master of Science in Industrial Engineering Advisor: Prof. Dr. Volkan Ş Ediger APP February, 2016 END IX C Pakistan is a developing country and it can only move forward once the energy sector is secure and self sufficient. Right from the beginning, the country has constantly faced energy shortages in all sectors due to incompetent policies and governence. This study frames the analysis of the current energy situation, with main focus on electricity. All the factors which are hampering the growth of the energy sector are identified and potential solutions are discussed. -
India Stands Committed to the Roadmap for Bilateral Trade
India stands committed to the roadmap for bilateral trade normalization as was worked out in September 2012 between Commerce Secretaries of India and Pakistan : Anand Sharma By : INVC Team Published On : 13 Dec, 2013 10:35 PM IST INVC, Delhi, The Union Minister of Commerce & Industry Shri Anand Sharma today met Mr. Shahbaz Sharif, Chief Minister of Punjab Province of Pakistan who was accompanied by Pakistan’s Minister of State for Commerce, Textile and Privatization Mr. Khurram Dastgir Khan, Mr. Salman Bashir, High Commissioner of Pakistan to India and Pakistani businessman Mr. Mian Muhammad Mansha along with other senior officials from Pakistan. Shri Sharma conveyed to the Pakistan side that India stands committed to the roadmap for bilateral trade normalization as was worked out in September 2012 between Commerce Secretaries of India and Pakistan. Essentially this involves Pakistan side removing its restrictions on trade by the land route (Attari, Wagah ICP), as also imparting full non-discriminatory trade access by removing its balance 1209 tariff lines of its current negative list of items importable from India. On the basis of these agreed steps to be taken, Shri Sharma reiterated that India would give enhanced preferential trade access to Pakistan by bringing down its SAFTA sensitive list from 614 tariff lines to 100 tariff lines. The Pakistan side would also in a phased manner over five years be reducing its SAFTA sensitive list for India to 100 tariff lines. It was also agreed that with the growing volume of trade by the land route the working hours at Attari/ Wagah can be further enhanced and even contemplated for 24/7 operating conditions, the details of which would need to be discussed at an appropriate time between the Commerce Secretaries of both countries. -
A Sustainable Resolution to the Energy Crisis
IPR INSTITUTE FOR POLICY REFORMSREFORMS REPORT April 2015 Putting Power Back on Track:Track: A Sustainable Resolution to the Energy Crisis Ashraf M. Hayat Summary DespiteDespite repeated commitmentscommitments expressed by governments to resolve the About The Author country'scountry’s energy crisis there hashas beenbeen nono improvementimprovement inin powerpower supply.supply. Ashraf M. Hayat is a former civil servant Successive governmentsgovernments have have not not comecome to to gripsgrips withwith the sector'ssector’s deepdeep and Executive Director IPR and Executive Director IPR structural, policy,policy, and governancegovernance challenges. TheyThey alsoalso havehave notnot taken the seeminglyseemingly simpler route of administrative measures to reducereduce lineline losses in DISCOs andand ease cash flowflow inin thethe sector.sector. This is the contextcontext ofof this IPRIPR ReportReport whosewhose objectivesobjectives are asas follows:follows: • Recommend waysways toto enhanceenhance powerpower supply supply in in the the shortshort termterm • Propose policiespolicies and and plansplans thatthat wouldwould place the power sector on a sustainable pathpath ofof growth About IPR While thethe report recommends severalseveral shortshort and medium term measures Institute forfor PolicyPolicy Reforms isis anan to enhanceenhance power supplysupply inin the country,country, it determinesdetermines thatthat probityprobity independent and non-partisannon-partisan thinkthink tank establishedestablished under SectionSection 4242 and -
Nishat Mills Note EOGM 2020
NOTICE OF EXTRAORDINARY GENERAL MEETING NISHAT NISHAT MILLS LIMITED NISHAT MILLS LIMITED NOTICE OF EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS Notice is hereby given that an Extraordinary General Meeting (“EOGM”) of the members of Nishat Mills Limited (the “Company") will be held on March 31, 2020 (Tuesday) at 11:30 A.M. at Emporium Mall, the Nishat Hotel, Trade and Finance Centre Block, Near Expo Centre, Abdul Haq Road, Johar Town, Lahore to transact the following business: 1. To elect Seven (7) Directors of the Company, as fixed by the Board of Directors, for the next term of three years, in accordance with the provisions of Section 159 of the Companies Act, 2017, in place of following retiring Directors who are eligible to offer themselves for re-election:- 1. Mian Umer Mansha 2. Mian Hassan Mansha 3. Syed Zahid Hussain 4. Mr. Mahmood Akhtar 5. Mr. Farid Noor Ali Fazal 6. Mr. Ghazanfar Hussain Mirza 7. Mr. Maqsood Ahmad A Statement of Material Facts as required under Section 166(3) of the Companies Act, 2017 concerning the manner of selection of Independent Directors is annexed to the notice of meeting circulated to the members of the Company. 2. Special Business:- A) To consider and if deemed fit, pass following resolutions as Special Resolutions pursuant to the provisions of Section 199 of the Companies Act, 2017 to approve and authorize additional long-term equity investment by way of purchase of ordinary shares of MCB Bank Limited, an associated company, from stock market: RESOLVED THAT approval of the members of Nishat Mills Limited (the “Company”) be and is hereby accorded and the Company be and is hereby authorized in terms of Section 199 and other applicable provisions of the Companies Act, 2017 to make further equity investment up to PKR 2.144 Billion (Rupees Two Billion One Hundred and Forty Four Million only) by way of purchase of 7,145,000 ordinary shares of MCB Bank Limited, an associated company, from time to time from the stock market at the prevailing market price but not exceeding Rs. -
(Ppra) Contract Award Proforma
ATTACHMENT – I (See regulation 2) PUBLIC PROCUREMENT REGULATORY AUTHORITY (PPRA) CONTRACT AWARD PROFORMA – I To Be Filled And Uploaded on PPRA Website In Respect of All Public Contracts of Works, Services and Goods Worth Fifty Million or More NAME OF THE ORGANIZATION Privatisation Commission__ FEDERAL / PROVINCIAL GOVT. Federal Government_________ TITLE OF CONTRACT Financial Advisory Services Agreement___ TENDER NUMBER TS398727E ______ BRIEF DESCRIPTION OF CONTRACT Divestment of Government of Pakistan shareholding in 425-525 MW CCPP Nandipur of NPGCL TENDER VALUE Approx. PKR 360 Million ___ ENGINEER’S ESTIMATE N/A_________________________ (for civil Works only) ESTIMATED COMPLETION PERIOD February, 2021 WHETHER THE PROCUREMENT WAS INCLUDED IN ANNUAL PROCUREMENT PLAN? _________ N/A _____________Yes / No ADVERTISEMENT : (i) PPRA Website____30-08-2019____ TS398727E _____Yes / No (Federal Agencies) (If yes give date and PPRA’s tender number) (ii) News Papers_Yes (List of Newspapers / Press at Annex – I) Yes / No (If yes give names of newspapers and dates) TENDER OPENED ON (DATE & TIME) _December 09, 2019 at 02:30 p.m._ NATURE OF PURCHASE_Both Local and/ International_ Local / International EXTENSION IN DUE DATE (If any)_____ No ____Yes / No -: 2 :- NUMBER OF TENDER DOCUMENTS SOLD 2 (Annex – II) (Attach list of Buyers) WHETHER QUALIFICATION CRITERIA WAS INCLUDED IN BIDDING/TENDER DOCUMENTS _Yes__Yes / No (Annex – III) (If yes enclose a copy). WHETHER BID EVALUATION CRITERIA WAS INCLUDED IN BIDDING/TENDER DOCUMENTS_ Yes __Yes / No (Annex – III) (If yes enclose a copy). WHICH METHOD OF PROCUREMENT WAS USED: - (Tick one) a) SINGLE STAGE – ONE ENVELOPE PROCEDURE ________ b) SINGLE STAGE - TWO ENVELOPE PROCEDURE. ________ c) TWO STAGE BIDDING PROCEDURE. -
Senate Secretariat ————— “Questions
(122nd Session) SENATE SECRETARIAT ————— “QUESTIONS FOR ORAL ANSWERS AND THEIR REPLIES” to be asked at a sitting of the Senate to be held on Thursday, the 17th December, 2015 DEFERRED QUESTIONS (Questions Nos. 110, 105, 106, 108, 113, 114, 118, 121, 131, 132, and 133 deferred on 10th November, 2015 (121st Session) (Def.) *Question No. 110. Senator Sassui Palijo: (Notice received on 16-09-2015 at 04:40 p.m.) Will the Minister for Water and Power be pleased to state the number of officers belonging to Sindh and Balochistan presently working in WAPDA? Khawaja Muhammad Asif: The detail of officers belonging to Sindh and Balochistan presently working in WAPDA is as under:— —————————————————————————————— BPS Sindh Domicile Balochistan Domicile —————————————————————————————— 20 10 — 19 52 11 18 159 13 17 114* 32** —————————————————————————————— Total 335 56 —————————————————————————————— * 11 Medical Officers are working on temporary basis. ** 1 Medical Officer is working on temporary basis. (Def.) *Question No. 105. Senator Col. (R) Syed Tahir Hussain Mashhadi: (Notice received on 24-06-2015 at 01:00 p.m.) Will the Minister for Water and Power be pleased to state: (a) whether it is a fact that the Asian Development Bank (ADB) has provided financial assistance for the construction of the Neelum Jehlum Hydro Power Project and Dasu Dam, if so, the amount thereof; and (b) whether there is any proposal under consideration of the Government to obtain further financial assistance from the ADB or other international donors or financial institutions for the said projects, if so, the details thereof? Khawaja Muhammad Asif: (a) Asian Development Bank (ADB) has not provided any financial assistance for the construction of the Neelum Jhelum Hydro Electric Project (NJHEP) and Dasu Hydropower Project. -
3Rd Quarter Report 2020
"//6"-3&1035 04 Vision / Core Values 06 Company Information 08 Directors’ Review to the members on Unconsolidated Condensed Interim Financial Information 09 Directors’ Review to the members on Unconsolidated Condensed Interim Financial Information (Urdu) 12 Unconsolidated Condensed Interim Financial Information 37 Directors’ Review on Consolidated Condensed Interim Financial Information 40 Consolidated Condensed Interim Financial Information 68 Condensed Interim Financial Information - Window Takaful Operations COMPANY INFORMATION BOARD OF DIRECTORS Umer Mansha Chairman Ibrahim Shamsi Director Imran Maqbool Director Muhammad Anees Director Mohammad Arif Hameed Director Sadia Younas Mansha Director Shaikh Muhammad Jawed Director Muhammad Ali Zeb Managing Director & Chief Executive Officer ADVISOR Mian Muhammad Mansha AUDIT COMMITTEE Muhammad Anees Chairman Ibrahim Shamsi Member Shaikh Muhammad Jawed Member Umer Mansha Member ETHICS, HUMAN RESOURCE AND REMUNERATION COMMITTEE Muhammad Anees Chairman Ibrahim Shamsi Member Muhammad Ali Zeb Member Umer Mansha Member INVESTMENT COMMITTEE Umer Mansha Chairman Imran Maqbool Member Muhammad Ali Zeb Member Muhammad Asim Nagi Member COMPANY SECRETARY Tameez ul Haque, F.C.A CHIEF FINANCIAL OFFICER Muhammad Asim Nagi, F.C.A "//6"-3&1035 EXECUTIVE MANAGEMENT TEAM BANKERS Muhammad Ali Zeb Askari Bank Limited Muhammad Asim Nagi Abu Dhabi Commercial Bank, UAE Adnan Ahmad Chaudhry Allied Bank Limited Asif Jabbar Bank Alfalah Limited Muhammad Salim Iqbal Bank Al-Habib Limited Bank Islami Pakistan Limited -
Crisis Response Bulletin Page 1-16
IDP IDP IDP CRISIS RESPONSE BULLETIN November 16, 2015 - Volume: 1, Issue: 44 IN THIS BULLETIN HIGHLIGHTS: English News 03-34 October 26 earthquake: Nawaz assures victims of pre-winter 03 rehabilitation Armies help govts worldwide to tackle terror, disasters 03 Natural Calamities Section 03-18 Govt announces more relief packages for affectees 07 Safety and Security Section 19-24 Four more survivors die in earthquake aftermath in KP 09 Public Services Section 25-34 Avoid possible mishaps with new disaster management app 10 Rain, snowfall aggravate situation in earthquake-hit areas 13 CJP calls for taking extraordinary steps to tackle terror threats 19 Maps 04,35-40 Pakistan to install Russian engines in JF-17 fighter jet 20 102 madrassas sealed for stoking sectarianism 21 20 Government to continue pursuing National Action Plan: spokesperson 22 Urdu News 57-41 SIUT offers free medical facilities to diabetes patients 25 Preparations in full swing for LG elections in Rawalpindi Distt 28 Natural Calamities Section 57-56 Focus on education, health: Shahbaz 29 Safety and Security section Greater Karachi Water Supply Project K-IV: Foreign investors holding 30 55-53 back due to water shortage Public Service Section 52-41 21 food outlets fined for violating hygienic laws 30 PAKISTAN WEATHER MAP WEEKLY WEATHER SITUATION MAP OF PAKISTAN DROUGHT SITUATION MAP OF PAKISTAN GLACIER DECLARED DENGEROUS IN GB MAPS POLIO CASES IN PAKISTAN - 2015 VEGETATION ANALYSIS MAP OF PAKISTAN ANTI CORRUPTION ESTABLISHMENT (ACE) & LAW ENFORCEMENT AGENCIES (LEAS) ACT IN PAKISTAN GLACIER DECLARED DENGEROUS IN GILGIT BALTISTAN 36 Glacial Lakes in G-B unsafe Legend GILGIT: Thirty-six glacial lakes in various valleys of Gilgit-Baltistan have been declared dangerous, and seven of them pose the most threat to the people, said the Met Office chief on Tuesday. -
136Feea1-A2da-4B4e-B
Academic Case Study HOSTILE TAKEOVER OF ADAMJEE INSURANCE COMPANY LIMITED (AICL) Submitted to; Dr. Irum Saba Submitted by; Naveed Aslam (15187) Muhammad Daniyal (18195) Hafiz Syed Muhmmad Ubaid (15188) Aiman Shaikh (18197) INSTITUTE OF BUSINESS ADMINISTRATION, KARACHI Ethics and Corporate Governance –Case Study CASE SYNOPSIS This case presents a chronological review of the first and the largest hostile Takeover in Pakistan. Mian Muhammad Mansha of Nishat group was able to accumulate significant shareholding in a company with a weak stock performance but with a strong future potential. This case highlights how Mian Masha worked around the regulations and legal framework to get hold of the largest general insurance company of Pakistan. At that time, Adamjee Insurance Company Limited (AICL) was marred by poor operating performance due to weak management of the company. The Adamjee family was not able to keep the company on track which had a high free float. Mian Mansha gained a huge stake in the companies with the help of his bank, MCB Bank and the MCB Employees funds in addition to his other companies and allegedly manipulated the share price. By the time the Adamjee family became aware that they have lost their control, it was too late… PROFILE OF MIAN MUHAMMAD MANSHA Mian Muhammad Mansha is a business tycoon. He is the founder Nishat Group. Mansha is the highest tax payer in Pakistan. Nishat Textiles Mills was begun in 1951 by his dad and uncles. He joined his family company in 1969. The family split and the companies held by Mansha were named as Nishat Group.