Trends - Ali Asghar Jamali - Business Recorder

Ali Asghar Jamali

Locally-produced cars: IMC CE lists factors behind high prices

ISLAMABAD: Indus Motor Company (IMC) Chief Executive Ali Asghar Jamali has said issues such as high taxation,...

Updated 09 Nov, 2023 03:59pm

Business & Finance

Q1 IMC PAT soars to Rs3.216bn

KARACHI: The Indus Motor Company (IMC), announced its financial results for the first quarter ended September 30,...

Published 28 Oct, 2023 05:58am

Business & Finance

IMC wins multiple accolades at International EHS Awards

KARACHI: The Professionals Network (TPN) honored Indus Motor Company (IMC) with awards at the 9th International...

Published 27 Sep, 2023 06:08am

Business & Finance

Import of used cars crippling local auto industry: IMC chief

LAHORE: Chief Executive Indus Motor Company (IMC), Ali Asghar Jamali has lamented that total used car imports have...

Published 07 Sep, 2023 06:21am

Business & Finance

IMC hasn’t announced layoffs despite 55pc cut in production: CEO

KARACHI: Chief Executive Officer, Indus Motor Company (IMC), Ali Asghar Jamali has said that despite registering a...

Published 31 Aug, 2023 06:00am

Business & Finance

Indus Motor counting on its hybrid Corolla Cross as petrol prices hit record high

KARACHI: Indus Motor Company, the maker of Toyota-brand vehicles in Pakistan, is betting on its upcoming hybrid car,...

Updated 30 Aug, 2023 08:03pm

Business & Finance

Karachi: IMC launches drive to retrieve, salvage discarded flags

KARACHI: For the sixth year running, a small army of volunteers from Indus Motor Company (IMC) set off on a drive to...

Published 17 Aug, 2023 03:49am

Pakistan

Global Carbon Budget 2022: Strategic steps required to address climate challenges

KARACHI: Pakistan, grappling with the severe impacts of climate change, needs strategic measures on every front to...

Published 08 Aug, 2023 06:37am

Business & Finance

IMC set to introduce locally-assembled hybrid SUV

KARACHI: The Indus Motor Company (IMC), amidst a challenging economic climate and a downturn in auto manufacturing,...

Updated 22 Jun, 2023 12:26pm

IMC team meets PM to showcase first locally-made Toyota Corolla Cross HEV

ISLAMABAD: A delegation from Indus Motor Company, led by Vice Chairman Shinji Yanagi and Chief Executive Ali Asghar...

Updated 02 Jun, 2023 12:42pm

Business & Finance

Indus Motor Company to launch locally-assembled Hybrd Electric Vehicle next year

Top officials disclose development in corporate briefing

Published 06 May, 2023 03:37pm

Business & Finance

TPN honours IMC with several awards

KARACHI: The Professionals Network (TPN) has honored the Indus Motor Company (IMC) with awards in multiple ...

Published 21 Mar, 2023 06:29am

Business & Finance

IMC says there will be no layoffs

KARACHI: Owing to the continuing LC restrictions imposed by the State Bank of Pakistan and the consequent shut down...

Published 23 Dec, 2022 05:54am

Business & Finance

IMC registers huge decline in sales, profits in Q1 FY2023

KARACHI: Indus Motor Company Limited (IMC), announced its financial results for the first quarter ended September ...

Published 28 Oct, 2022 05:58am

Business & Finance

Curbs on CKD imports: Govt may lose around Rs327bn in revenue, says IMC CEO

KARACHI: The government is expected to lose around Rs. 327 billion or $1.5 billion in revenue during the ongoing...

Published 13 Oct, 2022 05:59am

Business & Finance

IMC wins Best Corporate Excellence Award

KARACHI: At the 37th Corporate Excellence Awards 2022 ceremony, hosted by the Management Association of Pakistan...

Published 07 Oct, 2022 05:59am

Business & Finance

IMC posts profit after tax of Rs15.8bn

KARACHI: The Indus Motor Company (IMC) has announced its financial results for the year ended June 30, 2022, that...

Published 31 Aug, 2022 05:50am

Pakistan

Facing production issues, Indus Motor Company offers refunds to its customers

CEO Ali Asghar Jamali says entire auto industry has scaled back production

Published 25 Jul, 2022 05:54pm

Business & Finance

IMC achieves landmark of producing one million vehicles

KARACHI: Indus Motor Company (IMC) has achieved a landmark of producing one million vehicles since it began mass...

Published 31 May, 2022 05:11am

Business & Finance

Indus Motor to launch its first locally-assembled HEV SUV next year

KARACHI: Indus Motor Company (IMC) is planning to launch its first locally-assembled Hybrid Electric Vehicle (HEV)...

Updated 24 May, 2022 09:32pm

Pakistan

Indus Motor donates Rs5m to SIUT

KARACHI: Remaining steadfast to its commitment to the Global Goals, Indus Motor Company (IMC) made Rs 5 million...

Published 19 Apr, 2022 05:32am

Business & Finance

Indus Motor Company suspends bookings of all Toyota vehicles in Pakistan

Says currency volatility reason behind decision

Published 08 Apr, 2022 01:16am

Business & Finance

Overall auto market to contract 10-15% as car prices come under pressure: Indus Motor CEO

KARACHI: Rising freight charges and ongoing rupee depreciation have not only put car prices under pressure, but will...

Updated 22 Mar, 2022 09:57pm

Business & Finance

IMC chief underscores the need for import substitution

KARACHI: “Pakistan’s macroeconomic goals are tied to ‘Make in Pakistan’ and import substitution. With a...

Published 27 Nov, 2021 05:08am

Business & Finance

Escalating global prices of raw materials: IMC CEO hints at increasing prices of vehicles

LAHORE: In the wake of escalating global prices of raw materials, Chief Executive Officer (CEO) of Indus Motor...

Published 04 Nov, 2021 04:32am

Business & Finance

IMC spearheads FY2022 with robust Q1 financial results

KARACHI: The Board of Directors of Indus Motor Company Ltd (IMC) met on October 25, 2021 to review the company’s...

Published 28 Oct, 2021 04:06am

Pakistan

IMC partners with KeH for under- privileged communities

KARACHI: Indus Motor Company (IMC), under its Neighbour Community Uplifting Program, has partnered with...

Published 26 Oct, 2021 04:39am

Business & Finance

Indus Motor Company to increase production by 20pc by 2022

KARACHI: Indus Motor Company (IMC) has planned to increase production capacity a further 20 percent by April 2022....

Updated 24 Sep, 2021 12:04pm

Business & Finance

IMC bags Consumer Choice Award for Toyota Yaris

KARACHI: Indus Motor Company (IMC) has bagged the Consumer Choice Award 2021, for the highest selling Sedan in...

Published 14 Sep, 2021 03:55am

Supplements

AUTOMOTIVE INDUSTRY IN PAKISTAN: Interview with Ali Asghar Jamali, CEO Indus Motor Company & Chairman PAMA

TEXT: The past few years have been rather exciting for Pakistan's automobile industry, which was bolstered by a set...

Published 12 Sep, 2021 03:55am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Nov 28 Chakwal Spinning Mills Limited(CWSM)	2.31 ▲ 0.28 (13.79%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.50 ▲ 0.50 (8.33%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.45 ▲ 0.93 (8.07%)
Ghani Chem. Ind. / Nov 28 Ghani Chemical Industries Limited(GCIL)	11.17 ▲ 0.80 (7.71%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.11 ▲ 0.15 (7.65%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)
Prosperity Weav / Nov 28 Prosperity Weaving Mills Limited(PRWM)	30.64 ▲ 2.14 (7.51%)
Shakarganj / Nov 28 Shakarganj Limited(SML)	37.95 ▲ 2.65 (7.51%)
Gadoon Textile / Nov 28 Gadoon Textile Mills Limited(GADT)	244.63 ▲ 17.07 (7.50%)

Stock	Price
AEL Textile / Nov 28 AEL Textile Limited(AEL)	18.70 ▼ -1.30 (-6.50%)
Ask.Gen.Insur. / Nov 28 Askari General Insurance Company Limited(AGIC)	17.71 ▼ -1.18 (-6.25%)
Sana Ind / Nov 28 Sana Industries Limited(SNAI)	26.16 ▼ -1.59 (-5.73%)
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	25.50 ▼ -1.49 (-5.52%)
Kohat Textile / Nov 28 Kohat Textile Mills Limited(KOHTM)	20.70 ▼ -1.14 (-5.22%)
Dewan Sugar / Nov 28 Dewan Sugar Mills Limited(DWSM)	2.40 ▼ -0.12 (-4.76%)
Adamjee Life Assur. / Nov 28 Adamjee Life Assurance Company Limited(ALIFE)	27 ▼ -1.33 (-4.69%)
Jahangir Sidd(Pref) / Nov 28 Jahangir Sidd(Pref)(JSCLPSA)	8.05 ▼ -0.33 (-3.94%)
Bannu Woollen / Nov 28 Bannu Woollen Mills Limited(BNWM)	30.55 ▼ -1.23 (-3.87%)
AKD Securities / Nov 28 AKD Securities Limited(AKDSL)	22.51 ▼ -0.87 (-3.72%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.24
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	43,313,979 ▲ 0.09
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.13
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	18,811,691 ▲ 0.13
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▲ 0.18
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 1.86
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▼ -0.35
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▲ 0.02
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.10
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	13,103,901 ▲ 0.02

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
FTSE 100 / Nov 27	7460.70
Dow Jones / Nov 27	35333.47
Germany DAX 30 / Nov 27	15966.37
France CAC40 / Nov 27	7265.49
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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Ali Asghar Jamali

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