KARACHI: A trial judge has refused confirmation of bail application of Aqeel Ahmed Khan, CEO of Hascol Petroleum Limited, according to a communication issued on Tuesday.
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MCB Bank expects up to 200 basis points increase in benchmark interest rate
KARACHI: MCB Bank is expecting up to 200 basis points increase in benchmark interest rates in near terms, according to conference call held on February 20, 2023.
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Standard Chartered Bank Pakistan posts record Rs50 billion profit before tax
Standard Chartered Bank Pakistan Limited (SCBPL) has delivered a record profit before tax of Rs 50.1 billion, registering an increase of 102 per cent year on year.
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JV formed for 330MW coal-fired power generation under CPEC
KARACHI: A joint venture (JV) has been formed for establishing a 330MW power generation from Thar Coal under China Pakistan Economic Corridor (CPEC).
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Meezan Bank declares Rs45 billion profit after tax for CY2022
KARACHI: Meezan Bank Limited on Thursday announced Rs45 billion as profit after tax for the year ended December 31, 2022.
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Bank Al Habib posts 11pc decline in annual profit for CY22
Bank Al Habib Limited (BAHL) has announced 11 per cent fall in after tax profit for calendar year 2022 due to higher provision and tax charges.
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K-Electric unveils plan to invest Rs484 billion in transmission, distribution
KARACHI: K-Electric unveils a plan to invest Rs484 billion in transmission and distribution business, according to a statement issued on Monday.
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Millat Tractors decides to file appeal against FTO order
KARACHI: Millat Tractors Limited (MTL) on Monday decided to file petition before the President of Pakistan against the decision of Federal Tax Ombudsman (FTO).
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Indus Motor declares 74pc decline in profit after tax for 1HFY23
Indus Motor Company Limited on Monday announced 74 per cent decline in after tax profit for the first half of fiscal year 2022-2023.
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Raw material shortage compels Pak Suzuki Motors to stop production
KARACHI: Pak Suzuki Motors on Wednesday announced to stop production by shutting down plant due to raw material shortage.
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