Telenor Microfinance Bank signs pact for promotion of financial literacy in women

KARACHI: Telenor Microfinance Bank (TMB) and Pakistan Bait-ul-Mal have signed an agreement for the promotion of financial literacy among women of the country, a statement said on Thursday. Read more »

FBR attaches shareholding of Golden Globe Holding in Benami properties case

KARACHI: Federal Board of Revenue (FBR) has attached shareholding of Golden Globe Holding in Thatta Cement in Benami properties case, according to a notice issued on Thursday. Read more »

Listing of TPL Trakker announced through IPO

KARACHI: TPL Corp on Friday formally announced the listing of its subsidiary TPL Trakker Limited at Pakistan Stock Exchange (PSX) through an Initial Public Offering (IPO). Read more »

PPL plans to spud 20 exploratory, developmental wells

KARACHI: Pakistan Petroleum Limited (PPL) has planned to spud 20 wells during fiscal year 2019/2020 out of which half of wells are exploratory and remaining are developmental. Read more »

TPL Trakker plans IPO to raise Rs1.4 billion for vehicle, container tracking business growth

KARACHI: TPL Trakker is planning for an Initial Public Offering (IPO) to raise Rs1.4 billion in order to grow vehicle and container tracking business, analysts said on Tuesday. Read more »

PIA declares Rs67.32 billion annual loss

KARACHI: Pakistan International Airlines (PIA) – the national flag carrier – has declared after tax loss of Rs67.32 billion for the year ended December 31, 2018. Read more »

Engro Fertilizers donates crop protection product to combat locust attack

KARACHI: Engro Fertilizers Limited has donated 6.7 tons of crop protection product with a market value of around Rs6 million to provincial governments to combat locust attack, a statement said on Thursday. Read more »

Honda Atlas Cars declares 50 percent drop in after tax profit

KARACHI: Honda Atlas Cars (Pakistan) Limited on Thursday announced 50 percent drop in net profit for the quarter ended September 30, 2019. Read more »

Cement factory shuts down on financial challenges

KARACHI: A cement factory has been closed down completely owing to financial difficulties making, according to a notices send to Pakistan Stock Exchange (PSX) on Monday. Read more »

UBL pays Rs11.59 billion against tax demand

KARACHI: United Bank Limited (UBL) has paid Rs11.59 billion against tax demand created by Federal Board of Revenue (FBR) for past multiple years. Read more »

National Bank declares marginal growth in profit with over 20 percent high earnings in nine months

KARACHI: National Bank of Pakistan (NBP) has declared marginal growth in after tax profit of one percent for nine months period ended September 30, 2019. However, income of the bank posted over... Read more »

PPL announces highest-ever Rs61.6 billion after tax profit with record 11 discoveries

KARACHI: Pakistan Petroleum Limited (PPL) has posted the highest-ever Rs61.6 billion after tax profit with a record number of 11 discoveries during financial year ended June 30, 2019. Read more »