Pakistan Media Network

Latest & Trendy News All Around Pakistan

Day: April 4, 2023

Press Release

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Texas Capital Bancshares, Inc. Investors to Inquire About Securities Class Action Investigation – TCBI

NEW YORK, April 04, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Texas Capital Bancshares, Inc. (NASDAQ: TCBI) resulting from allegations that Texas Capital may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Texas […]

Press Release

Vytelle Closes $20MM in Series B Funding to Accelerate Genetic Progress in Cattle

LENEXA, Kansas, April 04, 2023 (GLOBE NEWSWIRE) — Vytelle, a precision livestock company, has raised $20MM in Series B funding to accelerate genetic progress in cattle. With this new investment, Vytelle will continue to expand its global operations, while delivering the most accessible, reliable, and predictable reproductive technology available to customers today. The investment was […]

National

KCCI demands immediate restoration of gas to Karachi industries

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Mohammed Tariq Yousuf, while expressing deep concerns over enduring suspension of gas supply to industries in Karachi, appealed the government to issue strict directives for immediate restoration of gas supply with ample pressure to all the industries of Karachi otherwise the industrialists will have no choice but to close down their production units themselves. In a statement issued, President KCCI said that it was highly unfair to have such an attitude towards Karachi’s business community which, despite facing so many odds and challenges, contributes around 54 percent in terms of exports

National

Six-judge SC bench overturns Justice Isa’s ruling on suo motu powers

ISLAMABAD: A six-judge larger bench of Supreme Court has overturned Justice Qazi Faez Isa’s ruling about powers of the chief justice of Pakistan regarding suo motu notices and formation of benches, reported 24NewsHD TV channel. The six-member bench was formed only hours before it conducted its first hearing and shot down Justice Isa’s verdict without wasting any time, saying the detailed judgement will be released later. The larger bench was led by Justice Ijazul Ahsan, and comprised of Justice Muneeb Akhtar, Justice Mazahir Naqvi, Justice Muhammad Ali Mazhar and Justice Ayesha Malik. Justice Faez Isa’s ruling On March 29, a

National

Expired medicines worth millions disposed of in Layyah

LAYYAH: Expired government medicines worth millions were disposed of by a hospital staff in Jaman Shah town of Layyah District on Tuesday. The hospital staff had the option of giving the patients the life-saving medications, but they chose to store them instead. When the medicines got expired, they were thrown away in a corner of the Rural Health Center. CEO Health Dr. Shahid Riaz took a strict notice on finding over-the-counter medicines near Jaman Shah Rural Health Center and he asked the Senior Medical Officer of RHC for a response. According to the CEO Health, the matter would be looked

National

Decision to defer Punjab Assembly polls unconstitutional: SC

ISLAMABAD: The Supreme Court of Pakistan has annulled the Election Commission of Pakistan’s March 22 decision to defer the elections for the Punjab Assembly to October 8, declaring it as unconstitutional and illegal. Pronouncing the six-page verdict in Punjab and Khyber Pakhtunkhwa poll delay case on Tuesday, Chief Justice of Pakistan Umar Ata Bandial ruled that the ECP has no power to forward the election date. The CJP declared that the elections in Punjab will now be held on May 14 instead of April 30. The court ordered the federal government to provide Rs21 billion to the ECP by April

National

ATC grants interim bail to Imran in three cases

LAHORE: An anti-terrorism court (ATC) on Tuesday granted interim bail to the former prime minister and PTI chief Imran Khan in three cases relating to arson, violence against police, vandalism and Zille Shah murder. Several PTI leaders and workers were booked on the police’s complaint for ‘attacking’ them during a raid at the former prime minister’s Zaman Park residence in Lahore. The court dismissed a plea made by PTI Chairman Imran Khan requesting for exemption from court appearance. Khan was asked to appear before the court by 11 am. The PTI chief reached court in strict security after being summoned

National

Huge gas reserve discovered in Dadu

DADU: A huge gas reserve has been discovered in Dadu district where the trial extraction of gas is 33.3 million cubic feet per day, the petroleum ministry sources said on Tuesday. The discovery of the gas reserve was made possible by the joint venture …