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Nishat Chunian Power
Nishat Chunian Limited ( ) is a Pakistani vertically integrated textile company based in Lahore. It is listed on the Pakistan Stock Exchange and is one of the largest textile company of Pakistan. Nishat Chunian also operates The Linen Company retail stores located in Lahore, Karachi, and Islamabad. History Nishat Chunian was incorporated in 1990 as a spinning mill by Shahzad Saleem, a nephew of Mian Muhammad Mansha, as part of Nishat Group. It began commercial operations in March 1991 with a manufacturing facility of 14,400 spindles supplied by Sulzer. The company was also listed on the Karachi Stock Exchange in 1991. In 1998, Nishat Chunian established a weaving mill. Two years later, another spinning mill was added. In 2013, Nishat Chunian acquired Taj Textiles for . In 2010, Nishat Chunian established Nishat Chunian Power, a 200MW independent power producer, which is also listed on the Pakistan Stock Exchange. In 2016, Nishat Chunian opened the first store of The Linen C ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Sulzer (manufacturer)
Sulzer Ltd. is a Swiss industrial engineering and manufacturing firm, founded by Salomon Sulzer-Bernet in 1775 and established as Sulzer Brothers Ltd. (Gebrüder Sulzer) in 1834 in Winterthur, Switzerland. Today it is a publicly traded company with some 180 manufacturing facilities and service centers around the world. The company's shares are listed on the Swiss Stock Exchange. Sulzer specializes in technologies for fluids of all types. The company's inventions includes the first precision valve steam engine (1876), the Sulzer diesel engine (1898) and artificial hip joints (1965). Sulzer Brothers helped develop shuttleless weaving and their core business in the 1970s and 1980s was loom manufacturing. Rudolf Diesel worked for Sulzer in 1879 and in 1893 Sulzer bought certain rights to diesel engines. Sulzer built their first diesel engine in 1898. Organization Corporate structure The company is organized into three divisions: * Flow: Pumping solutions - it produces pumps, ...
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Companies Based In Lahore
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 ...
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1991 Initial Public Offerings
It was the final year of the Cold War, which had begun in 1947. During the year, the Soviet Union Dissolution of the Soviet Union, collapsed, leaving Post-soviet states, fifteen sovereign republics and the Commonwealth of Independent States, CIS in its place. In July 1991, India abandoned its policies of dirigism, license raj and autarky and began extensive Economic liberalisation in India, liberalisation to its economy. This increased Economy of India, GDP but also increased income inequality in India, income inequality over the next two decades. A United Nations, UN-authorized coalition of the Gulf War, coalition force from 34 nations fought against Ba'athist Iraq, Iraq, which had Invasion of Kuwait, invaded and Kuwait Governorate, annexed Kuwait in the previous year, 1990. The conflict would be called the Gulf War and would mark the beginning of a since-constant American military presence in the Middle East. The clash between Republic of Serbia (1990–2006), Serbia and t ...
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Pakistani Companies Established In 1990
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 ...
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Manufacturing Companies Established In 1990
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 ...
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Textile Companies Of Pakistan
Textile is an Hyponymy and hypernymy, umbrella term that includes various Fiber, fiber-based materials, including fibers, yarns, Staple (textiles)#Filament fiber, filaments, Thread (yarn), threads, and different types of #Fabric, fabric. At first, the word "textiles" only referred to woven fabrics. However, weaving is not the only manufacturing method, and many other methods were later developed to form textile structures based on their intended use. Knitting and Nonwoven, non-woven are other popular types of fabric manufacturing. In the contemporary world, textiles satisfy the material needs for versatile applications, from simple daily clothing to Bulletproof vest, bulletproof jackets, spacesuits, and Medical gown, doctor's gowns. Textiles are divided into two groups: consumer textiles for domestic purposes and technical textiles. In consumer textiles, Aesthetics (textile), aesthetics and Textile performance#Comfort, comfort are the most important factors, while in techn ...
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Raiwind
Raiwind ( Punjabi & ) is a town located within union council 149 (Dholanwal) in Allama Iqbal Town of Lahore, Punjab, Pakistan. The town serves as the headquarters of Tablighi Jamaat and hosts the annual Raiwind Markaz Ijtema. Raiwind is also home to Pakistan Railways Junction and Railways Track Workshop and serves as the political base for former Prime Minister Nawaz Sharif. History During the British Raj, Raiwind was a tehsil of Lahore District. The town also became notable when a junction was built by the North Western State Railway between the Karachi–Peshawar Railway Line and Lodhran–Raiwind Branch Line. Before the Ferozepore-Bhatinda Railway opened, it was an important centre for local trade in agricultural produce and had two cotton-ginning factories and a cotton-press, which employed around 200 people. Following independence in 1947, the railway links eastwards were no longer functional. Population The population according to the 1901 census was 1764. Today, i ...
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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 ...
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Independent Power Producer
An independent power producer (IPP) or non-utility generator (NUG) is an entity that is not a public utility but owns facilities to generate electric power for sale to utilities and end users. NUGs may be privately held facilities, corporations, cooperatives such as rural solar or wind energy producers, and non-energy industrial concerns capable of feeding excess energy into the system. An independent water and power producer (IWPP) is similar to an IPP, but with a unified process to also output usable treated water. Economic situation For most IPPs, particularly in the renewable energy industry, a feed-in tariff or power purchase agreement provides a long-term price guarantee. IPPs have been successful in driving the electricity sector's transition to renewables globally, owning the majority of the currently operating renewable energy generation capacity. Germany Rare in Germany for decades, the IPP business model has grown more common since the EEG (for renewable energy) ...
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Karachi Stock Exchange
The Pakistan Stock Exchange (PSX), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. PSX was classified by MSCI as a Frontier markets, frontier market on 8 September 2021. Pakistan Stock Exchange was founded in 1947 as Karachi Stock Exchange, In January 2016, Karachi Stock Exchange was renamed as Pakistan Stock Exchange after the merger of the Lahore Stock Exchange and Islamabad Stock Exchange. Investors on the exchanges include 1,886 foreign institutional investors and 883 domestic institutional investors along with about 220,000 retail investors. There are also about 400 brokerage houses which are members of the PSX as well as 21 asset management companies. As of year-end 2024, PSX has a total of 525 listed companies with a total market capitalization of 14.495 trillion PKR. History 1947–2016: Karachi Stock Exchange Founded on 18 September 1947, Karachi Stock Exchange Limited (KSE) was registered in Pakistan. It was located at the ...
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Profit By Pakistan Today
''Pakistan Today'' is a Pakistani English-language daily newspaper, published by Nawa Media Corporation from three Pakistani cities Lahore, Punjab; Karachi, Sindh; and Islamabad, Islamabad Capital Territory. The newspaper later launched a business magazine called ''Profit Magazine''. History ''Pakistan Today'' was founded by Arif Nizami in 2010 after leaving his uncle Majeed Nizami's ''The Nation''. Publications Khabaristan Today ''Pakistan Today'' has a satirical column called ''Khabiristan Today''. Since its material is often unfamiliar, its satire is sometimes lost on Western audiences. This was the case in 2014 when an article claiming the Pakistani Council of Islamic Ideology issued a proclamation stating all women are intrinsically weaker than men, was picked up by both internet and mainstream news sources. ''Profit by Pakistan Today'' ''Profit by Pakistan Today'' began as a bi-weekly magazine. However, following a partnership with Wall Street Journal, the magazine ...
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