Supporting agriculture sector: SBP greenlights HBL’s Zarai Services The State Bank of Pakistan (SBP) has granted its approval to Habib Bank Limited (HBL) for the incorporation of ‘HBL... Updated 08 Dec, 2023 05:36pm
Markets Engro Polymer and Chemicals inks gas supply deal with SSGC Engro Polymer and Chemicals Limited (EPCL), a subsidiary of Engro Corporation, said on Wednesday it has entered into... Published 07 Dec, 2023 01:45pm
Business & Finance Ghani Chemical looks to establish Pakistan’s ‘largest ASU plant’ in Khyber Pakhtunkhwa Ghani Chemical Industries Limited (GCIL) is in process to set up Pakistan’s largest Air Separation Unit (ASU) plant... Published 05 Dec, 2023 03:31pm
Business & Finance Suzuki Motor proposes purchase of minority shareholders’ stake at minimum Rs406 per share Development follows intention of PSMC's majority shareholder to buy back nearly 22.15mn shares Updated 04 Dec, 2023 10:41pm
Business & Finance Matco Foods sets up corn sugar plant in Karachi Matco Foods Limited (MFL), one of the largest rice exporters in the country, has started operations of a plant in... Published 04 Dec, 2023 02:39pm
Markets KSE-100 conquers 61,000 after single-day gain of 1,160 points After brief pause, benchmark index back to winning ways Updated 01 Dec, 2023 08:04pm
Business & Finance Pakistan’s Interloop Limited completes equity stake in USA’s Top Circle Hosiery Mills Interloop Limited (ILP), one of Pakistan’s largest textile exporters, has completed the acquisition of Top Circle... Updated 01 Dec, 2023 04:01pm
Business & Finance Mughal Iron & Steel Industries completes acquisition of energy subsidiary Mughal Iron & Steel Industries Limited, one of Pakistan’s largest steel manufacturers, has successfully... Updated 30 Nov, 2023 10:48pm
Business & Finance FCCL commissions Greenfield Cement Manufacturing Plant in Punjab Fauji Cement Company Limited (FCCL), one of the largest cement manufacturers in Pakistan, has successfully... Published 30 Nov, 2023 11:15am
Markets TPL Life Insurance, Dar Es Salam Textile Mills move ahead with merger talks The Board of Directors (BoD) of TPL Life Insurance and Dar Es Salam Textile Mills Limited have approved a scheme of... Updated 29 Nov, 2023 09:38pm
Markets KSE-100 snaps 7-session rally as profit-taking kicks in Selling pressure drags benchmark index below 61,000 after it hits record high during trading Updated 29 Nov, 2023 09:35pm
Markets Rising electricity costs: Ghani Chemical to set up coal power plant at Port Qasim Facing rising electricity costs, the Board of Directors (BoD) of Ghani Chemical Industries Limited (GCIL) has... Updated 27 Nov, 2023 10:39pm
Markets New high: KSE-100 crosses 59,000 as bulls maintain grip Benchmark index has been on a gaining spree since the last week of June Updated 24 Nov, 2023 10:33pm
Markets OGDCL successfully completes Khewari Project Oil & Gas Development Company Limited (OGDCL), one of Pakistan’s leading exploration and production state-owned... Published 22 Nov, 2023 03:15pm
Business & Finance Fauji Foods eyes multiple Fauji Foundation businesses Fauji Foods is interested in Fauji Infraavest Foods Limited and Fauji Cereals Updated 21 Nov, 2023 10:34pm
Business & Finance Sui Southern Gas Company bleeds Rs11.41bn in losses in FY22 Sui Southern Gas Company (SSGC) incurred massive losses to the tune of Rs11.41 billion in fiscal year 2021-2022. In... Updated 20 Nov, 2023 10:10pm
Markets PPL discovers hydrocarbon reserves in Sindh Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the country, has discovered hydrocarbon reserves... Published 20 Nov, 2023 11:19am
Business & Finance Arif Habib Corporation’s board authoritizes subsidiary deal The Board of Directors (BoD) of Arif Habib Corporation Limited (AHCL), a Pakistani business conglomerate, has... Published 17 Nov, 2023 04:53pm
Markets KSE-100 ekes out gain despite profit-taking The Pakistan Stock Exchange (PSX) witnessed another positive session on Tuesday, as its benchmark KSE-100 added 142... Updated 14 Nov, 2023 07:55pm
Markets TPL Corp, Abhi Limited explore acquisition of FINCA TPL Corp and Abhi Limited, a Pakistani financial platform, have partnered to consider the potential acquisition of a... Published 14 Nov, 2023 12:27pm
Business & Finance Summit Bank changes name to Bank Makramah Limited The name of Summit Bank Limited (SMBL) has been changed to Bank Makramah Limited (BML), the bank announced in a... Updated 13 Nov, 2023 10:27pm
Markets MARI commences gas production from appraisal well in Sindh Mari Petroleum Company Limited (MARI), one of the country’s largest, one of Pakistan’s largest energy and... Published 13 Nov, 2023 03:15pm
Markets KSE-100 hits new high with 737-point gain as bull-run continues Benchmark index closes at 53,860.37 with cement and food sectors leading rally Updated 06 Nov, 2023 10:37pm
Markets With 314-point gain, KSE-100 rallies for fourth consecutive session The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed higher for fourth consecutive session on... Updated 02 Nov, 2023 10:22pm
Markets KSE-100 gains over 1% ahead of monetary policy announcement The Pakistan Stock Exchange (PSX) witnessed a buying frenzy on Monday, as its benchmark KSE-100 Index soared by over... Updated 30 Oct, 2023 10:45pm
Business & Finance Air Link, Xiaomi partner for production of Xiaomi Smart TVs Will be manufactured at Air Link's facility in Lahore Updated 30 Oct, 2023 10:40pm
Business & Finance Lotte Chemical extends plant shutdown as lower demand persists Citing lower demand, Lotte Chemical Pakistan Limited (LOTCHEM) announced it will extend the shutdown of its plant... Updated 30 Oct, 2023 10:18pm
Markets Stocks retreat, KSE-100 loses 241 points amid selling pressure A bearish trend ruled the Pakistan Stock Exchange (PSX) on Friday, as its benchmark KSE-100 Index closed lower by... Updated 27 Oct, 2023 07:45pm
Markets KSE-100 ends flat in range-bound session The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed flat in a range-bound session on Thursday. The... Published 26 Oct, 2023 07:15pm
Markets KSE-100 closes higher on earnings euphoria The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed higher on Wednesday, gaining nearly 150 points on... Published 25 Oct, 2023 07:35pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees