As we decided to share the unique happy moment through pictures with our global family and friends, the obvious choice to reach most of them was via Facebook. The news spread fast and the congratulatory messages poured in.
A friend of mine who is an experienced grandfather offered the following interesting advice: "It's for the parents to raise their children and the grandparents to have the privilege and joy of spoiling their grandchildren".
My good friend Rizwan Kadir from University of Chicago offered his best wishes and shared a link to a 2011 NPR story on baby blankets titled "Born In The USA? This Blanket Might Look Familiar".
The NPR report said that most of the baby blankets used in US hospitals are made in Pakistan and supplied by the medical supply company Medline, based in Mundelein, Ill. Jim Robertson, president of Medline's Medcrest textile division, told NPR in 2011 that the company has produced close to 25 million of the blankets since 1980 alone. Another story in Quartz said the (Medline baby) blankets are sold all over the world, and made in Karachi, Pakistan. Since its creation more than 60 years ago, Medline's Kuddle-Up blankets, which are manufactured in Pakistan, are sold globally.
Yasmeen and I are fortunate to have a great extended family and many sincere friends who have shared in our joy. We take this opportunity to thank them all for their congratulatory messages and sincere best wishes for us, our children and the newborn grandchild.
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Riaz Bhai, Congratulations!! May Allah bless you and your family.
Dear Riaz the news of a grandchild is always good news and as your friend Kadir says "they are meant to be excessively pampered by the grandparents" Something that they dared not do with their own.
All the best, since you now have something to do in your spare time. I see in the picture that you have already started.
Regards to your family and especially the NEW mother.
My heartiest congrats on the great blessings. Holding the baby in your arms put a nice beaming face on you which otherwise is usually serious
Greetings and best wishes for you and family for the first grand daughter.....Amiltahir and family visiting Sanfrancisco from London(an old Median civil engineer 1956_dec)
MAT: "Greetings and best wishes for you and family for the first grand daughter"
Thank you Muhammad Amil Tahir sahib.
A minor correction: It's a boy , not girl.
Enjoy your stay in San Francisco.
Congratulations. Hereafter all your blogs will be "Grandfather" blogs!.
On this happy moment, i wish to share an important thought which i feel can make a difference. I found children are the biggest unifying force in this world. Husbands and wife who quarrel are held together by kids. Sons/daughters who marry against wishes of parents join back under influence of kids.
I sincerely believe, Humanity is alive and kicking only because of kids who enrich our lives. May i request all your viewers to pledge not to feed hate or disharmony in these tender minds which are the foundation of human joy.
Thanks. May peace be on all
I am staying in San Fransisco area as well. When my grandchild was born last month she was wrapped in a cloth from China��
On the arrival of your grandchild, I mean, and not on the issue of where a particular piece of cloth was made.
Pakistan-based International Textile Ltd (ITL) has deployed SAP’s business software solutions by entering into a partnership with SAP, to bring technology-driven success across its international textile manufacturing.
To support Pakistan’s Ministry of Textile Industry’s goal of reaching US$ 25 billion in textile exports by 2014, ITL has deployed SAP across finance, controlling, materials management and sales and distribution.
Adnan Khan, the director of ITL, said that in addition to improving ITL’s visibility and decision-making, SAP solutions have also helped ITL progress in vertical integration operating strategy, and support Pakistan’s growing textile-based economy.
In today’s data-driven world, SAP solutions will enhance ITL’s sales, distribution, and materials management, empowering ITL to compete at the highest level in the global market, he added.
Gergi Abboud, the managing director of SAP in Gulf and Pakistan, said textiles are one of the most important industrial sectors in Pakistan and SAP is committed to supporting the country’s industrial economic growth and ITL international expansion.
ITL is a global business, which services in the US, Canada, the European Union, and other important international markets. The company operates four business divisions including terry textiles, Muratec Jet Spinning (MJS), garments and trading. The product lines include yarn, wide range of terry products and related goods, fabrics, a full line of hospitality and healthcare products.
SAP’s Solutions for mill products, implemented by Siemens, Pakistan are expected to bring higher standards of performance at ITL enhancing the company’s leadership position and drive its international market expansion, which already includes customers in United States, the European Union, and Australia.
Textiles comprise 40 percent of Pakistan’s industrial labour. The World Economic Forum ranked Pakistan in the 49th position in ‘capacity for innovation’ in the Global Competitiveness Report 2013-2014, highlighting the potential for business technology solutions in supporting economic growth.
Headquartered in Karachi, ITL has invested substantially in state of the art technology, including its ability to manufacture MJS Yarn and fabric. These products are manufactured on air jet spinning technology from Murata Japan. The company is acknowledged as having one of the largest MJS footprints in Asia. (GK)
Faisalabad based Interloop, world’s biggest socks maker and supplier to Adidas and Nike, raised Rs 5 billion in an IPO at Karachi stock exchange today
Interloop Limited has successfully raised Rs5.025 billion through the largest private sector Initial Public Offering (IPO), placing itself among the top 50 companies listed on the Pakistan Stock Exchange (PSX) by market capitalisation, the company said on Thursday.
The company that supplies foot-hosiery to global sportswear giants like Nike and Adidas said, the two-day book building process was oversubscribed by 1.37 times with the price closing at Rs46.10/share.
The total demand received was Rs6,727 million against total issue size of Rs 4,905 million, oversubscribed by Rs1,822 million or 1.37 times.
Arif Habib Limited is the consultant to issue for the IPO, while Ismail Iqbal Securities has been the book runners.
The Interloop offer has surpassed the previous record for a private company, when Pakistan Stock Exchange Ltd raised Rs4.5 billion two years ago. There have been larger sales by state-controlled companies in Pakistan.
Interloop is one of the world’s largest hosiery manufacturers and has an annual turnover in excess of Rs30 billion.
The company in a statement said one of the main objectives for the IPO was to expand hosiery production by opening a new plant and simultaneously and entry into the apparel business by opening a denim plant in Lahore, for which land had already been acquired.
Interloop Ltd., which makes socks for Nike and Adidas, is planning Pakistan’s biggest ever initial public offering by a private firm.
The company plans to raise as much as 6.8 billion rupees ($51 million) to expand its sock manufacturing capacity by around 20 percent and enter the denim business, said Chairman and Co-Founder Musadaq Zulqarnain. It will offer 12.5 percent of the business in the sale, likely to take place in January, and is aiming to lift revenue by 77 percent over five years, he said.
“Our capacity is already full,” Zulqarnain said in an interview at the company’s head office in Faisalabad. Interloop can see more growth, so will “take that risk” to expand, he said.
The listing comes as Prime Minister Imran Khan tries to spark an export revival to make up ground that Pakistan has lost to low-cost manufacturing destinations like Vietnam and Bangladesh. The new government has announced plans to cut gas and electricity prices to support companies selling abroad, although the push has been criticized for relying too much on subsidies.
The Interloop offer will surpass the previous record for a private company, when Pakistan Stock Exchange Ltd. raised 4.5 billion rupees two years ago. There have been larger sales by state-controlled companies in Pakistan.
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