Karachi, December 5, 2023 – The Pakistan Stock Exchange (PSX) is set to determine the minimum purchase price for the delisting of Pakistan Suzuki Motor Company (PSMC), a decision closely monitored by market analysts at Topline Securities.
(more…)Category: Corporate
Corporate sector insights covering business strategies, governance, finance, taxation, and regulatory developments shaping company performance.
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ABHI and Unilever Partner for Employee Financial Empowerment
Karachi, December 4, 2023 – ABHI, an embedded finance platform, has partnered with Unilever Pakistan, a global FMCG company present in 190 countries, to introduce AbhiSalary – an Earned Wage Access (EWA) solution.
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inDrive and Vlektra Partner for Sustainable Transportation in Pakistan
Karachi, December 4, 2023 – Leading ride-hailing company inDrive has joined forces with Vlektra, an innovative electric vehicle (EV) manufacturer, to introduce electric bikes to its fleet in Pakistan. This collaboration represents a significant advancement in the nation’s transportation sector, steering it towards a sustainable future.
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Pakistan Refinery Strikes Deal to Double Refining Capacity
Karachi, November 21, 2023 – Pakistan Refinery Limited (PRL) announced a groundbreaking agreement on Tuesday, signaling a transformative phase in its operations. The refinery has inked a pivotal license agreement with industry giants Honeywell UOP and Axens for its ambitious Refinery Extension and Upgradation Project (REUP).
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Nutshell Group Hosts 7th Edition of Future Summit from November 15
Karachi, November 13, 2023 – In a celebration of innovation, collaboration, and forward-thinking, the Nutshell Group is set to host the 7th Edition of The Future Summit (TFS), one of Pakistan’s premier corporate events.
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Philip Morris Pakistan Appoints Sarfaraz Ahmed Rehman as Board Chairman
Karachi, November 7, 2023 – In a strategic move to enhance its leadership team, Philip Morris Pakistan Limited (PMPKL) has officially named Sarfaraz Ahmed Rehman as the Chairman of the Board.
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UBL Continues Legal Battle Against SBP’s Rs 4.09 Billion Penalty Since 2016
Karachi, November 7, 2023 – United Bank Limited (UBL) has been embroiled in a legal dispute with the State Bank of Pakistan (SBP) since 2016 over a penalty totaling Rs 4.09 billion.
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SECP and FIA Sign MoU for Enhancing Security of Digital Financial System
Islamabad, November 6, 2023 – The Securities and Exchange Commission of Pakistan (SECP) and the Federal Investigation Agency (FIA) have formalized a memorandum of understanding (MoU) for enhancing the security of Pakistan’s digital financial system,
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State Life Insurance Ordered to Pay Family of Deceased Policyholder Along with Profit
Islamabad, November 5, 2023 – President Dr. Arif Alvi has issued a directive to the State Life Insurance Corporation of Pakistan (SLICP) to fulfill a long-awaited death insurance claim, amounting to Rs 300,000, alongside accrued profits, for the family members of a deceased policyholder.
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Oxford University Press Establishes Strategic Partnership with Nutshell Communications
Karachi, November 01, 2023 – Oxford University Press (OUP), a renowned global leader in publishing, has formally announced a strategic partnership with Nutshell Communications, marking a significant collaboration in the realm of education and communication.
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