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Saturday, December 31st, 2016

 

Pakistan Steel Mills financial woes continue

Pakistan Steel Mills financial woes continue

KARACHI: As the financial health of Pakistan Steel Mills (PSM) continues to deteriorate, the grievances of its serving and retired employees have increased manifold — with no respite in sight any time soon. a PSM official said the accumulated losses of the mill swelled to Rs166 billion and total liabilities to Rs173bn in 2015-16 from Rs26.50bn and Rs35bn, respectively, in 2008-09. KARACHI: As the financial health of Pakistan Steel Mills (PSM) continues to deteriorate, the grievances of its serving and retired employees have increased manifold — with no respite inRead More


Plane makes emergency landing in Prague after bomb threat

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PRAGUE, DEC 31, (DNA) – air aeroplane flying from Spain to Warsaw was forced to make an emergency landing in Prague on Friday due to a bomb threat, media reported. Czech Television reported a man had been detained.=DNA ==============


Brazil police interrogate missing Greek envoy’s wife after body found

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DEC 31, (DNA) – RIO DE JANEIRO: Brazilian police interrogated the wife of missing Greek ambassador Kyriakos Amiridis on Friday, a day after his burned-out rental car was found with a body inside, a source close to the investigation. The ambassador’s Brazilian wife, Francoise Amiridis, and two other people — all considered “suspects” — were brought in for questioning at the homicide division for Baixada Fluminense, a neighbourhood on Rio de Janeiro’s west side, the source said. Francoise Amiridis had already been questioned Thursday about her husband’s disappearance, but “the divisionRead More


Justice Saqib Nisar sworn in as 25th Chief Justice of Pakistan

Justice Justice Justice Justice

ISLAMABAD, DEC 31, (DNA) – Justice Saqib Nisar took oath as the 25th Chief Justice of Pakistan during a ceremony hosted by President Mamnoon Hussain. He succeeded Chief Justice Anwar Zaheer Jamali, who has vacated the office after having served for 468 days since September 10, 2015. Chief Justice Saqib Nisar will remain on this post until January 17, 2019, his retirement date. He has been a judge of the Supreme Court since February 18, 2010. Before taking charge as a judge of the Lahore High Court on May 22, 1998,Read More


Roads to Sea View blocked in Karachi

Roads to Sea View blocked in Karachi

KARACHI, DEC 31, (DNA) – All roads leading to Sea View were blocked by police in the wee hours of Saturday after imposition of Section 144. In view of avoiding drowning incidents, public is barred from picnicking at the beaches on New Year’s Eve, said a notification issued from Commissioner Karachi`s office. According to a statement issued by traffic police, roads from Akhtar Colony to sea view are barricaded, the traffic from the site would be directed to Shahra-e-Faisal. The road from KPT fly-over to the American consulate and from Boat Basin toRead More


Several motorway sections close due to fog

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LAHORE, DEC 31, (DNA) – Dense fog continued to disrupt the movement of traffic in Punjab, prompting the closure of several sections of the motorway on Saturday, officials said. The M3 motorway, leading to Faisalabad from Pindi Bhattian, was also closed completely due to zero visibility.=DNA =============