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IT services

Interview with Ammara Masood, CEO and President, National Data Consultant (Pvt.) Limited

‘Banks need speed, scale, agility and an innovative mindset in the digital era’ Ammara Masood is an industry...

Published 16 May, 2022 06:11am

Business & Finance

Everest Group recognises NdcTech as major contender

KARACHI: Leading global research firm, Everest Group®, has recognized NdcTech as a major contender in its Temenos ...

Published 30 Mar, 2022 06:08am

Supplements

Multinet Pakistan (Pvt.) Ltd: Trusted InfoStructure Partner in the Region

TEXT: Serving for nearly two decades, Multinet is known for its reliable connectivity& communication solutions ...

Published 09 Mar, 2022 06:44am

Pakistan

2nd Pakistan-Africa trade moot begins at Lagos

ISLAMABAD: Ministry of Commerce in collaboration with Trade Development Authority of Pakistan (TDAP) held 2nd...

Published 24 Nov, 2021 05:18am

Business & Finance

Use of pirated software: FBR issues clarification

ISLAMABAD: The Federal Board of Revenue (FBR), Friday, clarified that the issue of VMware licensing was raised by ...

Published 22 Aug, 2021 04:09am

Pakistan

Pakistan earns $ 1298mn from IT services' export 8 months

During the period under review, the computer services grew by 44.53 percent as it surged from US $708.100 million last year to US $1023.410 million during July-February (2020-21).

Published 26 Apr, 2021 05:57pm

Business & Finance

LCCI forwards budget proposals to govt departments

LAHORE: Feedback from the private sector plays a fundamental role in formulating appropriate policies for the trade,...

Updated 13 Apr, 2021 09:29am

Markets

European stocks flat, with Deliveroo tumbling in debut

The German DAX slipped 0.1pc after breaching the 15,000-mark for the first time on Tuesday, while the UK's FTSE 100 fell 0.9pc.

Updated 01 Apr, 2021 12:01am

Business

Tax Laws (2nd Amendment) Ordinance, 2021: 76 corporate IT exemptions withdrawn

ISLAMABAD: The government has promulgated the Tax Laws (Second Amendment) Ordinance, 2021, to withdraw 76 corporate...

Published 26 Mar, 2021 05:22am

Withdrawal of 76 corporate IT exemptions: Ordinance to be promulgated anytime soon

ISLAMABAD: The government is all set to promulgate the Tax Laws (Second Amendment) Ordinance, 2021 to withdraw 76...

Updated 20 Mar, 2021 10:24am

Certain conditions spelt out: IT services to be allowed 100pc tax credit: Tola

ISLAMABAD: The 100 percent tax credit would be allowed to the IT services or IT-enabled services after fulfillment ...

Published 14 Mar, 2021 04:13am

Business

FBR clarifies

ISLAMABAD: Federal Board of Revenue (FBR) has clarified news circulating on social media about a proposal to ...

Published 11 Mar, 2021 05:25am

Pakistan

FBR clarifies position on tax exemption of computer, IT services exports

It said that this exemption was subject to condition that 80% of the export earnings were remitted to Pakistan through normal banking channel.

Updated 11 Mar, 2021 12:49am

Business

After passage of IT (2nd Amend) Bill: Actual impact of tax exemptions withdrawal won’t be over Rs30-40bn: experts

ISLAMABAD: After the passage of ‘The Income Tax (Second Amendment) Bill, 2021’ income tax exemptions available ...

Published 10 Mar, 2021 04:59am

Business & Finance

Pakistan among world’s largest manpower provider for online services

The advisor informed that most of the technical manpower is from the IT services sector.

Published 01 Mar, 2021 02:34pm

Technology

India's TCS becomes Most Valued IT Company in the World

India's Tata Consultancy Services (TCS) overtakes Accenture to become the most valued IT services company in the world today.
TCS's market capitalization rose to US$ 169.9 billion ahead of its rival Accenture.

Published 25 Jan, 2021 07:51pm

Markets

Indian shares end flat; post seventh weekly jump in longest rally in 20 mths

Infosys Ltd was the top boost to the Nifty 50 index, gaining 2.6pc, private-sector lender HDFC Bank was the top drag, falling 2.1pc.

Published 18 Dec, 2020 03:58pm

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / May 24 Askari Life Assurance Company Limited(ALAC)	6.88 ▲ 0.88 (14.67%)
PICIC Ins.Ltd. / May 24 PICIC Insurance Limited(PIL)	0.90 ▲ 0.09 (11.11%)
Khurshid Spinning / May 24 Khurshid Spinning Mills Limited(KHSM)	10.65 ▲ 1.00 (10.36%)
B. F. Mod. / May 24 B.F. Modaraba(BFMOD)	8.50 ▲ 0.70 (8.97%)
Adam Sugar / May 24 Adam Sugar Mills Limited(ADAMS)	38.73 ▲ 2.63 (7.29%)
Bal. Wheel / May 24 Baluchistan Wheels Limited(BWHL)	85.00 ▲ 5.66 (7.13%)
Gatron Ind. / May 24 Gatron (Industries) Limited(GATI)	434.99 ▲ 27.99 (6.88%)
Leather Up Ltd. / May 24 Leather Up Limited(LEUL)	16.39 ▲ 1.00 (6.50%)
Nagina Cot. / May 24 Nagina Cotton Mills Limited(NAGC)	96.89 ▲ 5.24 (5.72%)
Tata Textile / May 24 Tata Textile Mills Limited(TATM)	73.90 ▲ 3.90 (5.57%)

Stock	Price
Grays Leasing / May 24 Grays Leasing Limited(GRYL)	2.99 ▲ -0.51 (-14.57%)
Pak Gen.Ins. / May 24 The Pakistan General Insurance Co. Ltd.(PKGI)	10.00 ▲ -0.99 (-9.01%)
Land Mark Spinning / May 24 Landmark Spinning Industries Limited(LMSM)	11.76 ▲ -1.00 (-7.84%)
Universal Network / May 24 Universal Network Systems Limited(GEMUNSL)	51.50 ▲ -3.99 (-7.19%)
Engro Poly(Pref / May 24 Engro Poly(Pref)(EPCLPS)	10.50 ▲ -0.80 (-7.08%)
First Imrooz Mod. / May 24 First Imrooz Modaraba(FIMM)	125.01 ▲ -9.37 (-6.97%)
Exide (PAK) / May 24 Exide Pakistan Limited(EXIDE)	225.50 ▲ -11.30 (-4.77%)
Sakrand Sugar / May 24 Sakrand Sugar Mills Limited(SKRS)	8.11 ▲ -0.37 (-4.36%)
AL-Noor Sugar / May 24 Al-Noor Sugar Mills Limited(ALNRS)	52.01 ▲ -2.10 (-3.88%)
Mughal Iron / May 24 Mughal Iron & Steel Industries Limited(MUGHAL)	62.00 ▲ -2.47 (-3.83%)

Stock	Volume
Pak Refinery / May 24 Pakistan Refinery Limited(PRL)	8,578,679 ▼ 0.00
Silk Bank Ltd / May 24 Silkbank Limited(SILK)	5,087,000 ▼ 0.00
TPL Properties / May 24 TPL Properties Limited(TPLP)	4,763,925 ▼ 0.00
Ghani Glo Hol / May 24 Ghani Global Holdings Limited(GGL)	3,905,022 ▼ 0.00
Cnergyico PK / May 24 Cnergyico PK Limited(CNERGY)	3,550,783 ▼ 0.00
Telecard Limited / May 24 Telecard Limited(TELE)	1,629,000 ▼ 0.00
Pak Elektron / May 24 Pak Elektron Limited(PAEL)	1,212,000 ▼ 0.00
WorldCall Telecom / May 24 Worldcall Telecom Limited(WTL)	1,133,500 ▼ 0.00
TPL Corp Ltd / May 24 TPL Corp Limited(TPL)	1,101,000 ▼ 0.00
Unity Foods Ltd / May 24 Unity Foods Limited(UNITY)	1,088,489 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	200.40
USD PKR Interbank Buying / May 24	200.20
USD to Japanese Yen / May 24	128.01
USD to Swiss Franc / May 24	0.97
Pound Sterling to USD / May 24	1.26
Euro to USD / May 24	1.07
UK LIBOR % / May 24	0.82

Stock	Volume
S&P 500 / May 24	3973.75
India Sensex / May 24	54288.61
Tokyo Nikkei / May 24	26901.11
Nasdaq / May 24	11535.27
Hang Seng / May 24	20479.87
FTSE 100 / May 24	7513.44
Dow Jones / May 24	31880.24
Germany DAX 30 / May 24	14175.40
France CAC40 / May 24	6358.74

Item	Value
Crude Oil / May 24	109.86
Karachi Cotton Assoc. / May 24	21180.00
Gold 10 Grams / May 24	118500.00
Gold Spot / May 24	1855.80
Cotton / May 24	125.45

IT services

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