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Engro Corporation’s profit down 6pc to Rs7.80b from Rs8.32b; eps to Rs13.59 from Rs15.29
KARACHI – The profit after tax (PAT) of Engro Corporation Ltd came down by six percent to Rs7.80 billion for...
Dawlance expands contact center to reach Faisalabad, Sargodha customers
KARACHI: Dawlance, the leading home appliances brand in Pakistan, has expanded its customer contact center services to include Faisalabad, Sargodha...
Cotton Association announces spot rates for local dealing
KARACHI: The Karachi Cotton Association (KCA) on Wednesday announced the following KCA spot rates (crop 2014-15) for local dealing in...
Danish interest cuts direct towards beneficial mortgage loans
Interest rate cuts lead to new Danish 'super loans' COPENHAGEN: Danish bank’s step towards taking interest rates down in order...
Nepra okays Rs 3.24 a unit cut in electricity tariff, told 6.57b units sold to Discos in Dec 2014
ISLAMABAD - Under the monthly fuel price adjustment formula, the National Electric Power Regulatory Authority (Nepra) approved Rs 3.24 a...
Assets rise by 27% to Rs102b: Dubai Islamic Bank’s profit up 337% to Rs926m
KARACHI: Dubai Islamic Bank Pakistan Limited has reported a year-end profit before tax of Rs926 million which is 337 per...
ILO, PTEA sign pact to promote decent work in textile industry
ISLAMABAD: The International Labour Organisation (ILO) and Pakistan Textile Exporters Association (PTEA) have forged a unique partnership to promote decent...
After Rs18.5b bailout package, PSM seeks Rs13b more as minister vows govt support
KARACHI: Minister of State for Parliamentary Affairs Sheikh Aftab Ahmed, during his visit to Pakistan Steel Mills, has assured the...
DGKC profits up 27pc to Rs3.4b from Rs2.7b; KEL’s 181pc to Rs13.3b from Rs4.7b
KARACHI - In the first half the current 2014/15 fiscal year, earnings of DG Khan Cement (DGKC) rose 27 percent...
330MW coal power plants in Thar: Sindh Engro to buy 3.8mt/annum coal
BEIJING: Engro Powergen Thar Limited (EPTL) will enter into an agreement with Sindh Engro Coal Mining Company (SECMC) for the...
DGKC rises 27pc to Rs3.4b from Rs2.7b; KEL’s profit up 181pc to Rs13.3b from Rs4.7b
KARACHI - In the first half the current 2014/15 fiscal year, earnings of DG Khan Cement (DGKC) rose 27 percent...
20 youths to be selected to work with KPITB: KP to hold Digital Youth Summit 2015 in May
PESHAWAR: Khyber Pakhtunkhwa Information Technology Board (KPBOIT), in collaboration with World Bank and other partner organisation, will organise a two-day...
16-inch diameter pipeline blown up in Kandhkot: 21MMCFD gas shortage reported
Kandhkot—Unknown terrorists blew up 16-inch diameter gas pipeline in Kandhkot. Confirming the incident, police said that it occurred in Ghora...
30 watts in Rs27,500: Easypaisa, Roshan Energy to unveil solar home solutions models
KARACHI: Easypaisa in collaboration with Roshan Energy will launch solar home solution models. It will be joint venture of Easypaisa,...
SBP’s First Quarterly Report of FY15: Trade deficit up by $1.6b amidst $ 765m hike in home remittances
ISLAMABAD - The SBP stressed a need for fast-track restructuring of Pakistan Railways, the generation and distribution companies (Gencos and...
Trade deficit up by $1.6b amidst $ 765m hike in home remittances, shows SBP report FY15
ISLAMABAD - The SBP stressed a need for fast-track restructuring of Pakistan Railways, the generation and distribution companies (Gencos and...
SNGPL faced with 21MMCFD gas shortage as 24-inch pipeline blown up in Dera Bugti
LAHORE: After miscreants blew up a main pipeline of 24-inch diameter in Dera Bugti, the Sui Northern Gas Pipelines Limited...
HBL earnings Rs31.8b for 2014 with38pc growth, quarterly Rs10b against Rs7b
KARACHI - Habib Bank Ltd (HBL) announced a consolidated profit after tax of Rs31.8 billion, showing a growth of 38...
Taliban financier killed in Swat operation
ISLAMABAD: Security forces have killed Tehreek-e-Taliban Pakistan (TTP) financier and notorious militant Bakhat Raj alias Asadullah in an operation in...
EPS rises from 15.59 to 21.63, PTB surges by 34% to Rs48.5b: HBL profit increase 38% to Rs31.8b
KARACHI: HBL has posted annual profit after tax of Rs 31.8 billion for the year 2014 with 38 per cent...
