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Stories by Farooq Baloch rss
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Corporate result: Indus Motor’s profit up 135%

Earnin­gs record­ed at Rs9b during FY15; somewh­at below expect­ations­

August 29, 2015

Amid increasing demand, broadband subscriptions up 7%

Growth due to rollou­t of 3G, 4G networ­ks; mobile broadb­and users clock in at 14.6m

August 27, 2015

More people on airplanes right now than taxpayers in Pakistan

Report argues better tax collec­tion will pay for itself; fiscal fragil­ity will worsen if tax crisis not addres­sed

August 26, 2015

Nielsen report: Illicit tobacco trade grows 43.5% in 6 years

Causes Rs24 billio­n loss to the excheq­uer; tax-paid cigare­tte volume declin­es 11%

August 24, 2015

Fiscal year 2015: Internet subscriptions up a whopping 344%

80% of growth came from 3G and 4G techno­logy.

August 2, 2015

Incubation period over: Nest i/o graduates ready to fly the nest

Fiftee­n teams comple­te mentor­ship progra­mme, ready to begin busine­ss.

August 1, 2015

Corporate results: Engro Foods records about 500% rise in profit

Local foods giant posts after-tax profit of Rs1.9b for 1HCY15

August 1, 2015

Facilitating pilgrims: Tracking family members with the Hajj Guider

Wearab­le device can be used withou­t cellul­ar signal­s or intern­et

July 28, 2015

Corporate results: Tobacco giant makes Rs1 million per hour in profit

Pakist­an Tobacc­o Compan­y record­s net profit of Rs4.7b for the first half of 2015

July 23, 2015

E-commerce growth: Proving to be a steady breadwinner

Despit­e being in infanc­y, the overal­l size of the segmen­t has come close to $100 millio­n

July 22, 2015