Tag Archives: Contracts

PCB asks players to sign contracts before Windies tour

LAHORE – The Pakistan Cricket Board has asked all the members of the cricket team to sign their central contracts by April 12. The PCB announced the central contacts for 19 players earlier this month and has now asked the players to sign the deal with the board before they set off to the West Indies.
The PCB has divided the players into three categories for six months. Category A players will get Rs 250,000 per month, category B players will get Rs 175,000 per month while

‘Key OGDCL contracts must be awarded to national firms’

ISLAMABAD – Perturbed by the delay in commissioning of new gas discoveries because of litigation and chronic law and order issues, the National Assembly Standing Committee on Petroleum recommended the Oil and Gas Development Company Limited (OGDCL) to award its exploration and production contracts to key national strategic organisations to counter the delay tactics of multinational companies.
Committee Chairman Sheikh Waqqas Akram had given the direction to the OGDCL when its

TEVTA still giving contracts to retired officers

LAHORE – TEVTA (Technical Education & Vocational Training Authority) is hosting two retired colonels in important posts against Supreme Court of Pakistan orders against the reappointment of retired civil servants or armed forces personnel on contract basis.
Two retired Colonels from Armed forces are occupying the important posts of General Manager (Academics) and Manager (Operations). G.M (Academics) has also served in TEVTA prior to presently held post, as Manager (Curriculum)

PCB BOG ratifies code of conduct, central contracts

LAHORE – The governing board of the PCB on Thursday ratified the code of conduct for players and the general body members, and also approved players’ central contracts for the next six months. The 19th meeting of PCB Board of Governors was held Thursday at the PCB Headquarters and was chaired Ijaz Butt. An official of the board informed that the meeting was held in accordance with the PCB Constitution that required BOG meetings to be held at least once in every quarter. He said that

Central contracts to be awarded in Dec: PTF SVP

LAHORE – The Pakistan Tennis Federation plans to hold a number of activities during the coming months for the uplift of the game and will also be awarding central contracts to the top five male and female players of the country in December. Addressing a press conference here Monday, Irshad Bhatti, senior vice president PTF said that the federation has asked all its nominated members to start contributing to the sport, and have been given a three month deadline.
He informed that

Kaneria, Malik, Yousuf miss out on contracts

LAHORE – Former captains Mohammad Yousuf and Shoaib Malik, and leg-spinner Danish Kaneria have been pushed out of the Pakistan cricket arena as the PCB awarded central contracts to players but ignored the trio. Seven senior members of the team are placed in category A, while five has been given category B contracts and seven were awarded category C contracts.
Players awarded contracts:
Category A: Younus Khan, Misbah-Ul-Haq, Shahid Khan Afridi, Abdul Razzaq, Kamran Akmal,

Law Ministry’s top brass also on contracts

ISLAMABAD – Almost all of the top officials in the Law Ministry continue to work on a contractual basis in blatant violation of Supreme Court orders telling the government not to hire any retirees on contract. “Law Secretary Masood Chishti is working on contract and so is the case with five senior joint secretaries Attaullah Bangash, Syed Rafique Shah, Baqir Ali Rana, Dr Riaz and Manzoor Mirza. They are all working on a contractual basis,” an informed source told Pakistan Today on

LSE contracts noticeably

LAHORE – The Lahore Stock Exchange (LSE) remained bearish on Monday and the volume declined significantly. The LSE 25-shares dwindled 19.77 points to close at 3,819.82 points against its opening at 3,839.59 points. Out of 118 active scrips, 14 went up, 51 went down and 53 closed without any change in their opening values.
The market’s volume underwent a decline of 2.98 million shares to close at 4.65 million shares. Lotte Pakistan PTA, with a turnover of 1.7 million shares, was

LSE contracts slightly

LAHORE – The Lahore Stock Exchange (LSE) remained bearish with a decline in overall volume. The LSE index lost 17.35 points to close at 3,936.12 against its opening at 3,953.47 levels. Out of 127 active scrips, 15 went up, 46 went down and 66 closed without any change in their opening values. The volume of the market remained 7.47 million shares, which was 2.09 million shares less than Tuesday’s turnover of 9.56 million shares.
Pakistan Refinery Limited (PRL) was the major

Cricketers to get central contracts in two weeks

LAHORE – The Pakistan Cricket Board is likely to hand out central contracts to players for the year by the end of this month, it was learnt on Monday. The contracts are to be handed over after scrutiny of certain players for alleged corruption.
Sources in the board said that former captain Shoaib Malik or Test leg-spinner Danish Kaneria were unlikely to be included in the new central contracts list until they satisfied the PCB’s integrity committee and got unofficial clearance to

LSE contracts slightly

LAHORE – The Lahore Stock Exchange (LSE) contracted slightly on Tuesday showing a slight improvement in the volume. The LSE 25-index fell by 13.90 points to close at 3,667.79 against its opening of 3,680.90. The volume of the market was 4.70 million shares,
which was 2.1 million shares more than Monday’s turnover of 2.6 million shares. Out of 130 active scrips, 21 went up, 41 declined and 68 showed no change in their opening values.
Lotte Pakistan PTA was the volume leader

Sarkozy eyes defence, nuclear contracts in India

PARIS: President Nicolas Sarkozy heads to India on Saturday to try to sell French fighter jets and nuclear technology to the Asian giant while his pop star wife Carla Bruni pursues her AIDS charity work.
Sarkozy is taking seven ministers and a bevy of French industrialists along on the four-day trip, his first visit to a G20 state since France took the presidency of the group of developed and major developing economic powers. It shows France’s “recognition” of India’s position as

LSE contracts as slump continues

LAHORE: The Lahore Stock Exchange (LSE) remained range bound and underwent a slump in volume to close in red zone on Tuesday.
The LSE-25 shares index agonisingly depreciated by 4.27 points to close at 3,265.56 against its opening at 3,269.83 levels. Volume of the market disturbingly reduced by 1.23 million shares and stayed at 3.61 million shares.
Out of 127 active scrips, 23 went up, 39 declined and 65 experienced stagnancy. Byco Petroleum ended as the leader in volume