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General Electric

LTSAs payment: NPPMCL urges SBP to remit $4.7m to GE

ISLAMABAD: The National Power Parks Management Company (Private) Limited (NPPMCL) has requested the State Bank of...

Updated 07 Dec, 2024 03:11pm

World

India asks states to consider setting up nuclear power plants, list power utilities

India’s federal power minister on Tuesday asked the states that are away from coal resources to consider setting up...

Published 12 Nov, 2024 10:54pm

Guddu Thermal Power Plant: CPGCL urges SBP to grant LC approval in favour of GE

ISLAMABAD: The Central Power Generation Company Limited (CPGCL) has approached the State Bank of Pakistan (SBP) for...

Updated 25 Oct, 2024 03:52pm

BR Research

Pak Elektron Limited

Pak Elektron Limited (PSX: PAEL) was incorporated in Pakistan as a public limited company in 1956. The company is...

Published 12 Sep, 2024 07:21am

World

Biden and Modi to make progress on GE jet engines, nuclear: White House

ABOARD AIR FORCE ONE: The White House expects to see meaningful progress on GE jet engines and civil nuclear...

Published 08 Sep, 2023 04:42am

Replacement of Guddu plant machinery: FIA to conduct probe into $32m payments to GE

ISLAMABAD: The Federal Investigation Agency (FIA) will probe the $ 32 million payments made to M/s General Electric...

Updated 25 Jul, 2023 10:01am

Spare parts for TPS-14 rehabilitation: GE warns TPS Guddu management against LC opening delay

ISLAMABAD: M/s General Electric (GE) has cautioned the management of Thermal Power Station (TPS) Guddu that any...

Updated 08 Jul, 2023 09:00am

World

India’s aerospace suppliers see upside in parts-making from record jet orders

PARIS/DELHI: Indian aerospace suppliers see record jet orders by the country’s top two carriers boosting domestic...

Published 28 Jun, 2023 11:10am

Business & Finance

GE to jointly produce fighter jet engines in India

General Electric’s aerospace unit said on Thursday it has signed an agreement with India’s state-owned Hindustan...

Published 22 Jun, 2023 04:18pm

Business & Finance

GE raises low end of 2023 profit forecast on aviation boost

General Electric Co on Tuesday raised the low end of its full-year profit forecast, encouraged by strong demand for...

Published 25 Apr, 2023 04:55pm

Guddu plant repair: GE seeks clearance of all dues by 30th

ISLAMABAD: M/s General Electric (GE) has sought payment of all outstanding invoices by April 30, 2023 for...

Updated 18 Apr, 2023 09:23am

Pakistan

Senate body irked over appointment of ‘ineligible’ individuals to Disco boards

ISLAMABAD: Senate Standing Committee on Power grilled Power Division on Tuesday for appointing ‘ineligible’...

Published 09 Nov, 2022 03:41am

GE seeks $100m for upgradation of RLNG plants in Punjab

ISLAMABAD: M/s General Electric (GE) has demanded $ 100 million for upgradation of RLNG-fired power plants in ...

Updated 07 Jul, 2022 09:36am

World

US companies push Biden, Congress for caution on Russia sanctions

WASHINGTON: US President Joe Biden has threatened to impose devastating sanctions on Russia if leader Vladimir Putin...

Published 26 Jan, 2022 02:11pm

Business & Finance

GE sees revenues rising in 2022 after drop in Q4

NEW YORK: General Electric reported a drop in fourth-quarter revenues Tuesday on a mixed performance across its...

Published 26 Jan, 2022 04:41am

Business & Finance

GE sees revenues rising in 2022 after drop in Q4

NEW YORK: General Electric reported a drop in fourth-quarter revenues Tuesday on a mixed performance across its...

Published 25 Jan, 2022 06:45pm

Opinion

The conglomerate discount

As of now I have 55 years of working experience in the corporate sector. I was a failure. Accomplished zero. Zilch....

Published 06 Jan, 2022 04:13am

Opinion

Iconic corporate names breaking up in trend to boost value

Three multinational giants - General Electric, Johnson & Johnson and Toshiba - this week announced plans to ...

Published 14 Nov, 2021 04:12am

Business & Finance

Air Arabia nears decision on major jet engine order

DUBAI: Middle East low-cost carrier Air Arabia is in talks with engine makers Pratt & Whitney and its current...

Published 14 Nov, 2021 04:12am

Markets

Wall Street's record run loses steam, GE surges on split

NEW YORK: US stock indexes retreated from record highs on Tuesday as a solid rise in producer prices last month...

Published 10 Nov, 2021 05:47am

GE, an industrial conglomerate pioneer, to break up

NEW YORK: General Electric said on Tuesday it would split into three public companies as the storied US industrial...

Published 10 Nov, 2021 03:38am

Markets

GE sees rise in industrial orders, lifting shares

GE also garnered increased orders in healthcare, renewable energy and power

Published 27 Jul, 2021 07:30pm

World

GE and Safran plan next-generation jet engines

PARIS: General Electric and Safran signed Monday a deal extending their cooperation as they set their sights on...

Published 15 Jun, 2021 03:30am

Business & Finance

GE and Safran plan next-generation jet engines

The US and French engineering giants have been cooperating in the sector for nearly half a century.
The LEAP engines developed by their joint venture CFM power some the latest generation Airbus and Boeing aircraft.

Updated 14 Jun, 2021 09:45pm

Markets

Thursday’s early trade: Main indexes move up

NEW YORK: Wall Street’s main indexes rose on Thursday, helped by gains in industrial and financial shares, after...

Published 28 May, 2021 04:08am

Markets

Wall Street inches higher as weekly jobless claims dip

The number of Americans filing new claims for jobless benefits stayed below 500,000 for a third straight week, the lowest level since March 2020.

Published 27 May, 2021 11:10pm

Business & Finance

General Electric reports smaller cash outflow, reaffirms 2021 outlook

The company also reaffirmed its full-year free cash flow and earnings per share outlook. The reaffirmation, however, disappointed investors who were expecting an upgrade in-line with other multi-industry rivals that have raised their earnings forecast.
In a phone interview, Chief Executive Larry Culp said the company would update its outlook once it has a better idea how its aviation business would perform in the remainder of the year.

Published 27 Apr, 2021 09:09pm

Business & Finance

GE reports loss on continued pressure in aviation

The company reported a $2.9 billion loss, compared with profits of $6.2 billion in the year-ago period, when GE booked a large gain from a divestiture.

Published 27 Apr, 2021 06:39pm

Business & Finance

GE sells jet-leasing unit to AerCap for $30bn

NEW YORK: General Electric announced a deal Wednesday to sell its aircraft leasing business to AerCap for $30...

Published 11 Mar, 2021 05:25am

Jet leasing in shake-up as AerCap, GE unit discuss tie-up

WASHINGTON: Aircraft leasing is on the brink of its biggest shake-up in almost a decade as its top two players ...

Published 09 Mar, 2021 05:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	146.09
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
India Sensex / Jun 20	82,408.17
Tokyo Nikkei / Jun 20	38,403.23
Nasdaq / Jun 20	19,447.41
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,774.65
Dow Jones / Jun 20	42,206.82
Germany DAX 30 / Jun 20	23,350.55
France CAC40 / Jun 20	7,589.66

Item	Value
Crude Oil USD/Barrel / Jun 20	74.93
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Gold Spot USD/Ounce / Jun 20	3,368.39
Cotton US¢/pound / Jun 20	66.70
Petrol/Litre / Jun 22	258.43
Diesel/Litre / Jun 22	262.59

Gainers
Losers
Leaders

Stock	Price
The Thal Ind.Corp. / Jun 20 The Thal Industries Corporation Limited(TICL)	356 ▲ 40.99 (13.01%)
Faisal Sp. / Jun 20 Faisal Spinning Mills Limited(FASM)	313.91 ▲ 33.82 (12.07%)
First Elite Cap.Mod / Jun 20 First Elite Capital Modaraba(FECM)	33.53 ▲ 3.42 (11.36%)
Burj Clean Energy Modaraba / Jun 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.90 ▲ 1 (11.24%)
Crescent Fib. / Jun 20 Crescent Fibres Limited(CFL)	50.25 ▲ 5 (11.05%)
Hala Enterprise / Jun 20 Hala Enterprises Limited(HAEL)	25.43 ▲ 2.33 (10.09%)
Shams Textile / Jun 20 Shams Textile Mills Limited(STML)	31.52 ▲ 2.87 (10.02%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Macter Int. Ltd / Jun 20 Macter International Limited(MACTER)	621.82 ▲ 56.53 (10%)

Stock	Price
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.92 ▼ -2.14 (-14.21%)
Sindh Abadgar / Jun 20 Sindh Abadgar's Sugar Mills Limited(SASML)	61.07 ▼ -7.82 (-11.35%)
Nets Internat.Comm. / Jun 20 Nets International Communication Limited(GEMNETS)	41 ▼ -4.9 (-10.68%)
Shadman Cotton / Jun 20 Shadman Cotton Mills Limited(SHCM)	50.28 ▼ -5.59 (-10.01%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.83 ▼ -1239.27 (-10%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	173.06 ▼ -19.23 (-10%)
Sardar Chemical / Jun 20 Sardar Chemical Industries Limited(SARC)	56.21 ▼ -6.24 (-9.99%)
Int. Knit. / Jun 20 International Knitwear Limited(INKL)	20.18 ▼ -2.23 (-9.95%)
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	2.49 ▼ -0.27 (-9.78%)
Calcorp Ltd / Jun 20 Calcorp Limited(CASH)	40.61 ▼ -4.39 (-9.76%)

Stock	Volume
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	42,791,268 ▼ -0.04
TRG Pak Ltd / Jun 20 TRG Pakistan Limited(TRG)	26,664,589 ▼ -4.92
Pervez Ahmed Consultancy / Jun 20 Pervez Ahmed Consultancy Services Ltd.(PASL)	25,526,681 ▼ -0.26
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	24,497,580 ▲ 0.29
K-Electric Ltd. / Jun 20 K-Electric Limited(KEL)	14,445,689 ▲ 0.08
Sui South Gas / Jun 20 Sui Southern Gas Company Limited(SSGC)	13,554,568 ▼ -0.06
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	9,805,036 ▼ -0.27
Dewan Cement / Jun 20 Dewan Cement Limited(DCL)	9,257,161 ▼ -0.86
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	8,867,595 ▼ -0.26
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	8,518,206 ▲ 0.01

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