Topic

bankruptcy

Spirit bankruptcy proceedings: American Airlines files notice of appearance

Published 08 Dec, 2025 02:51am

NEW YORK: American Airlines filed a notice of appearance in Spirit Aviation bankruptcy proceedings and requested to...

India’s IREDA files bankruptcy case against Gensol Engineering amid fraud allegations

Published 14 May, 2025 09:51pm

State-owned Indian Renewable Energy Development Agency said on Wednesday it has filed a bankruptcy application...

US no-frills pioneer Spirit Airlines files for bankruptcy protection

Published 18 Nov, 2024 04:45pm

Spirit Airlines has filed for bankruptcy protection, it said on Monday, after the pioneer of no-frills travel in the...

Byju avoids bankruptcy

Updated 05 Aug, 2024 07:34am

MUMBAI: An Indian appeals tribunal stopped bankruptcy proceedings against troubled educational technology firm Byju...

Esprit files for bankruptcy of European businesses

Published 16 May, 2024 06:28am

FRANKFURT: Fashion group Esprit said Wednesday it has filed for bankruptcy of its European businesses, seeking to...

IMF loan termed a short-term solution to help country avert default

Published 18 Nov, 2023 06:03am

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Vice Media files for Chapter 11 bankruptcy to facilitate sale

Published 15 May, 2023 01:06pm

Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to...

PDM govt averted bankruptcy, says Aurangzeb

Published 20 Apr, 2023 06:30am

ISLAMABAD: Minister of information and Broadcasting Marriyum Aurangzeb on Wednesday said that the PDM government...

Revlon cleared to exit bankruptcy with $2.7bn debt reduction deal

Published 10 Apr, 2023 06:45am

NEW YORK: A US judge on Monday approved Revlon Inc’s reorganization plan, allowing the cosmetics maker to cut $2.7...

India asks state-run banks to monitor top loan accounts

Published 30 Mar, 2023 06:35am

MUMBAI: India has asked state-run lenders to adopt stricter monitoring of top corporate loan accounts and submit a...

Revlon reaches lender settlement, sends bankruptcy plan to vote

Published 27 Feb, 2023 07:48am

MANHATTAN: Revlon Inc on Tuesday announced a deal with a holdout faction of lenders, removing the largest remaining...

Pakistan closes to bankruptcy, claims Mussarat

Published 07 Jan, 2023 07:53am

LAHORE: Pakistan is on the verge of bankruptcy and no international body considers Ishaq Dar reliable and also not...

Pakistan won’t default

Published 12 Dec, 2022 06:07am

The ongoing ‘default’ discussion is a favourite political and economic pastime. After the first decade since...

Crypto turmoil ‘not a surprise’, says ECB

Published 17 Nov, 2022 05:59am

FRANKFURT: The recent collapse of a major cryptocurrency exchange platform that has sent shockwaves through the...

Imran took debt to Rs45,000bn: Marriyum

Published 18 Oct, 2022 06:02am

ISLAMABAD: Federal Minister for Information and Broadcasting Marriyum Aurangzeb on Monday said the Pakistan...

IMF programme needs to be protected

Updated 20 Jul, 2022 06:08am

This is apropos a Business Recorder news item “Miftah gives a detailed account: How country saved itself from...

US court approves LATAM Airlines plan to exit bankruptcy

Published 19 Jun, 2022 10:57am

NEW YORK: A New York City court approved a plan by Latin America’s largest airline, LATAM Airlines, to exit...

Cosmetics company Revlon files for bankruptcy protection

Published 16 Jun, 2022 03:33pm

Bankruptcy filing comes days after the Wall Street Journal reported Revlon had begun talks with lenders ahead of looming maturities of debt to avoid bankruptcy

Govt's policies will lead country towards bankruptcy: Imran Khan

Updated 02 Jun, 2022 06:28pm

Former premier says will announce future course of action during Dir rally

‘Efforts needed to save vulnerable economies from bankruptcy’

Najib lost power in 2018 when his party, which had governed the Southeast Asian nation for six decades, was defeated at the polls after he became embroiled in a financial scandal.

Texas electricity firm files for bankruptcy citing $1.8bn in claims from grid operator

Published 01 Mar, 2021 08:07pm

Brazos Electric aims to restructure debt under court supervision.
State investigating actions by grid operator and power suppliers.
Financial fallout from blackout threatens dozens of power providers, utilities.

Chesapeake Energy emerges from US bankruptcy court

Published 12 Feb, 2021 04:54am

NEW YORK: Chesapeake Energy, an icon of the US shale boom that fell on hard times, emerged from bankruptcy Tuesday...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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