Stakeholders Seek NA Probe into Alleged Rs800bn Losses at Pakistan Steel Mills

The crisis surrounding Pakistan Steel Mills (PSM) has intensified as the PSMC Stakeholders Group has called for an urgent National Assembly inquiry into alleged losses exceeding Rs800 billion and questioned the management and financial affairs of the state-owned industrial giant. In a letter addressed to the National Assembly Standing Committee on Industries and Production, the…

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PIA Set to Be Handed Over to New Owners on May 25 as Privatisation Enters Final Stage

Pakistan International Airlines Pakistan International Airlines is set to be formally handed over to new owners on May 25, marking a major milestone in the long-running privatisation process, according to sources from the Privatisation Commission. Officials confirmed that the process has now entered its final stage, with all major procedural and regulatory requirements already completed….

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