Financial Leverage Decision in Cement Sector of Pakistan

This paper attempts to understand the behaviour of firms in cement sector of Pakistan regarding its financial structure decision. A typical firm will consider various factors before it adopts a specific blend of liability and equity in its capital structure. This paper uses four factors named as tangibility, profitability, size and growth. Panel data analysis is adopted to check the relationship of these factors with financial leverage for the period of 1999 to 2014. The results are explained considering existing but competing theories. It is observed that profitability and tangibility have significant relation with capital structure decision. These relationships can be explained with the existing theories, however, there was not enough evidence to consider any of the theories as superior

Financial Leverage Decision in Cement Sector of Pakistan

This paper attempts to understand the behaviour of firms in cement sector of Pakistan regarding its financial structure decision. A typical firm will consider various factors before it adopts a specific blend of liability and equity in its capital structure. This paper uses four factors named as tangibility, profitability, size and growth. Panel data analysis is adopted to check the relationship of these factors with financial leverage for the period of 1999 to 2014. The results are explained considering existing but competing theories. It is observed that profitability and tangibility have significant relation with capital structure decision. These relationships can be explained with the existing theories, however, there was not enough evidence to consider any of the theories as superior

Revolutionizing electric utilities with AI

The power sector is digitizing, enabling the use of advanced computing tools such as Artificial Intelligence (AI) to achieve operational efficiency and optimality. This technological innovation is playing a significant role in the global energy transition to meet climate goals. AI is being embraced by developed countries as a critical tool for reducing energy waste, lowering costs, and accelerating the adoption of clean, renewable energy sources in power grids worldwide, as well as improving power system operation, maintenance, control, and planning. AI applications have revolutionized electric utility operations such as customer engagement, managing electrification of transportation and smart neighborhoods, electrical grid digitization, and electrical network asset digitization

Revolutionizing electric utilities with AI

The power sector is digitizing, enabling the use of advanced computing tools such as Artificial Intelligence (AI) to achieve operational efficiency and optimality. This technological innovation is playing a significant role in the global energy transition to meet climate goals. AI is being embraced by developed countries as a critical tool for reducing energy waste, lowering costs, and accelerating the adoption of clean, renewable energy sources in power grids worldwide, as well as improving power system operation, maintenance, control, and planning. AI applications have revolutionized electric utility operations such as customer engagement, managing electrification of transportation and smart neighborhoods, electrical grid digitization, and electrical network asset digitization

Experimental study on silver nanoparticles: synthesis, photo-degradation and analysis

The aim of present study was waste water treatment via advanced oxidation process (AOP). Wet chemical precipitation method was used to prepare silver nanoparticles (Ag NPs). The Ag NPs were employed for photo catalytic degradation of Congo red (CR) dye in aqueous medium. The scanning electron microscopy (SEM) investigation shows agglomerated form of Ag NPs. The average sizes of agglomerations are below 600 nm. Energy dispersive X-rays spectroscopy (EDX) and ultraviolet light visible spectroscopy (UV/Vis) also established the formation of Ag NPs. The photo-degradation study reveals that Ag NPs degraded by 73% of CR dye in 480 min. Catalytic dosage study shows the dye degradation was increased vice versa as increased the amount of Ag NPs and then almost level off after 0.025 g of catalyst. In pH study it was observed that degradation of CR dye increased as pH increased. The recovered catalyst study also significantly degraded the CR dye

Problems and Prospects of Islamic Banking: a case Study of Takaful

The paper is an attempt to analyse the working of Takaul in the world and its popularity in the insurance sector in the world. Keeping in view of Sharia we have also tried all possible aspects of insurance system popular in the world and tried to look at its possibility to familiarize more amongst Muslims of the world. It is observed that customer awareness remain low, however this is often attributed to a limited understanding of Islamic finance in the banking and insurance world. We wish to have a proper salesmanship and advertisement of Islamic banking system in India and all around the world.Islamic Banking, Takaful