Employees of Pakistan's Hyderabad Electric Supply Company (HESCO) halted work in a pre-emptive show of resistance against their federal government's renewed plans to privatise electricity distribution firms, including their own.
The demonstrations, held on the call of the central leadership of the All Pakistan WAPDA Hydroelectric Workers Union, denounced what they termed as an anti-worker and anti-people policy by Pakistan, as reported by The Express Tribune.
Chennai (Tamil Nadu) [India], June 14 (ANI): Government-owned Indian Overseas Bank (IOB) on Monday reported a net profit of Rs 350 crore in the quarter ended March as against Rs 144 crore in the year-ago period.