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Millat Tractors
Millat Tractors ( ) is a Pakistani agricultural machinery manufacturer based in Lahore, Punjab, Pakistan. Founded in 1964, it is the manufacturer of Massey Ferguson tractors in Pakistan with a production capacity of 40,000. It is one of the two major tractor manufacturers of Pakistan with a 70 percent market share, as compared to Al-Ghazi Tractors which had 29 percent market share in 2021. History Millat Tractors Limited was founded as Rana Tractors and Equipment Limited in 1964 by Rana Khudadad Khan and Rana Allahdaad Khan. It became an importer and marketer of Massey Ferguson tractors in Pakistan. The company initially imported tractors as completely built units (CBU) but transitioned to assembling them from semi knocked-down (SKD) kits by 1967, due to transportation and cost efficiencies. In 1965, Rana Tractors was listed on the Karachi Stock Exchange. In 1972, following the nationalization of key industries by the Government of Pakistan, Rana Tractors was renamed Millat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KSE 100 Index
The KSE-100 Index is a total return stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period. In determining representative companies to compute the index on, companies with the highest market capitalization are selected. However, to ensure full market representation, the company with the highest market capitalization from each sector is also included. History KSE 100 Index was launched in November 1991 with a base of 1,000 points. In November 1994, Baring Securities London recomposed the index and established rules for its recomposition. Steady growth In 2001, the Karachi Stock Exchange (KSE) became the highest-performing stock market globally, supported by macroeconomic policies that increased foreign exchange reserves above five billion dollars and strengthened the rupee. Daily trading volumes reached approximately 200 million shares. The market's positive trajectory was temporarily affected by military tensions following ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al-Ghazi Tractors
Al-Ghazi Tractors Ltd (AGTL) () is a Pakistani agricultural machinery assembler headquartered in Karachi with a tractor manufacturing plant located in Dera Ghazi Khan. It is a subsidiary of CNH Industrial and Al-Futtaim Group. Al-Ghazi Tractors assembles New Holland tractors in Pakistan with the production capacity of 30,000. It is one of the two major tractor manufacturers of Pakistan, other is Millat Tractors. History Al-Ghazi Tractors was founded in 1983 and started production at its plant located in Dera Ghazi Khan. It was listed on the Karachi Stock Exchange in 1985. In 1991, Al-Futtaim Group took over the management control of Al-Ghazi Tractors by acquiring 50 percent of its shares for PKR 104.36 million (US$4.26 million). Products Al-Ghazi produced a wide range of models which include: * Ghazi *480S * 640 * NH 70-56 *NH Dabung 85 Al Ghazi also produces generators and farming equipment. See also * List of tractor manufacturers The following companies and organi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies In The KSE 100 Index
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Pakistan Stock Exchange
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1960s Initial Public Offerings
Year 196 ( CXCVI) was a leap year starting on Thursday of the Julian calendar. At the time, it was known as the Year of the Consulship of Dexter and Messalla (or, less frequently, year 949 ''Ab urbe condita''). The denomination 196 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus attempts to assassinate Clodius Albinus but fails, causing Albinus to retaliate militarily. * Emperor Septimius Severus captures and sacks Byzantium; the city is rebuilt and regains its previous prosperity. * In order to assure the support of the Roman legion in Germany on his march to Rome, Clodius Albinus is declared Augustus by his army while crossing Gaul. * Hadrian's wall in Britain is partially destroyed. China * First year of the Jian'an Era, during the reign of the Xian Emperor of the Han. * The Xian Emperor returns to war- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vehicle Manufacturing Companies Established In 1964
A vehicle () is a machine designed for self-propulsion, usually to transport people, cargo, or both. The term "vehicle" typically refers to land vehicles such as human-powered vehicles (e.g. bicycles, tricycles, velomobiles), animal-powered transports (e.g. horse-drawn carriages/wagons, ox carts, dog sleds), motor vehicles (e.g. motorcycles, cars, trucks, buses, mobility scooters) and railed vehicles (trains, trams and monorails), but more broadly also includes cable transport ( cable cars and elevators), watercraft (ships, boats and underwater vehicles), amphibious vehicles (e.g. screw-propelled vehicles, hovercraft, seaplanes), aircraft (airplanes, helicopters, gliders and aerostats) and space vehicles (spacecraft, spaceplanes and launch vehicles). This article primarily concerns the more ubiquitous land vehicles, which can be broadly classified by the type of contact interface with the ground: wheels, tracks, rails or skis, as well as the non-contact technologies such ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistani Companies Established In 1964
Pakistanis (, ) are the citizens and nationals of the Islamic Republic of Pakistan. Pakistan is the fifth-most populous country, with a population of over 241.5 million, having the second-largest Muslim population as of 2023. As much as 85-90% of the population follows Sunni Islam. A majority of around 97% of Pakistanis are Muslims. The majority of Pakistanis natively speak languages belonging to the Indo-Iranic family ( Indo-Aryan and Iranic subfamilies). Located in South Asia, the country is also the source of a significantly large diaspora, most of whom reside in the Arab countries of the Persian Gulf, with an estimated population of 4.7 million. The second-largest Pakistani diaspora resides throughout both Northwestern Europe and Western Europe, where there are an estimated 2.4 million; over half of this figure resides in the United Kingdom (see British Pakistanis). Ethnic subgroups Ethnically, Indo-Aryan peoples comprise the majority of the population in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Based In Lahore
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final produ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anhui Heli
Heli is a Chinese construction equipment maker, primarily known for producing forklift trucks A forklift (also called industrial truck, lift truck, jitney, hi-lo, fork truck, fork hoist, and forklift truck) is a powered industrial truck used to lift and move materials over short distances. The forklift was developed in the early 20th c .... With about US$1 billion in turnover for forklifts, Heli is the largest maker in China and the 7th-largest in the world based on a ranking by 2018 sales revenue compiled by ''Modern Materials Handling''. References External links * https://www.mmh.com/article/top_20_lift_truck_suppliers_in_2019 Construction equipment manufacturers of China Manufacturing companies based in Hefei Manufacturing companies established in 1958 Forklift truck manufacturers 1958 establishments in China Chinese brands {{China-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Tax Ombudsman (Pakistan)
The Federal Tax Ombudsman (FTO, ) evaluates complaints against Taxation in Pakistan, federal tax agencies. Article 37 of the Constitution of Pakistan calls for inexpensive and expeditious justice. The Federal Tax Ombudsman Ordinance of 2000 and the Federal Ombudsman Institutional Reforms (FOIR) Act of 2013 confer powers, including administrative and financial autonomy. This aligns with the separation of Pakistan's Judiciary of Pakistan, judiciary and Prime Minister of Pakistan, executive branches in accordance with the Constitution. History The Federal Tax Ombudsman (FTO) office was established in 2000. It was mandated to respond to, find, and rectify maladministration by revenue agencies. Institution of Ombudsman in Pakistan In Pakistan, the establishment of an Ombudsmen in Pakistan, Ombudsman institution was advocated in Article 276 of the Interim Constitution of 1972, which provided for the appointment of a Federal Ombudsman and Provincial Ombudsmen. The Constitution of 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kasur
Kasur (Punjabi language, Punjabi / ; ; also Romanization, romanized as Qasūr; from pluralized Arabic word ''Qasr'' meaning "palaces" or "forts") is a city to the south of Lahore, in the Pakistani province of Punjab, Pakistan, Punjab. The city serves as the headquarters of Kasur District. Kasur is the List of cities in Punjab, Pakistan by population, 16th largest city in Punjab and List of most populous cities in Pakistan, 24th largest in Pakistan, by population. It is also known for being the burial place of the 17th-century Sufi poetry, Sufi-poet Bulleh Shah. It is farther west of the border with neighboring India, and bordered to Lahore District, Lahore, Sheikhupura District, Sheikhupura and Okara Districts of Punjab. The city is an aggregation of 26 fortified hamlets overlooking the alluvial valleys of the Beas and Sutlej rivers. Etymology Kasur derives its name from the Arabic and Persian language, Persian word ''qasur'' (), meaning "palaces," or "forts." According to a lege ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Pakistan
The Government of Pakistan () (abbreviated as GoP), constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, consisting of four provinces and one federal territory. The territories of Gilgit-Baltistan and Azad Kashmir are also part of the country but have separate systems and are not part of the federation. Under the Constitution, there are three primary branches of a government: ''the legislative'', whose powers are vested in a bicameral Parliament; ''the executive'', consisting of the president, aided by the Cabinet which is headed by the prime minister; and ''the judiciary'', with the Supreme Court. Effecting the Westminster system for governing the state, the government is mainly composed of the executive, legislative, and judicial branches, in which all powers are vested by the Constitution in the Parliament, the prime minister an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
