Business

Foods now the largest subsidiary of the conglomerate by any measure.

It wanted to invest billions of rupees in Diamer Bhasha Dam, LNG import.

Approves risk parameters for audit of suspected tax dodgers.

Economic Coordination Committee to consider the proposal in its upcoming meeting.

Website is fast gaining popularity with its unbeatable discounts on popular consumer products.

Eight-year, unsecured investment certificate to pay out profits twice a year.

Officials say appointment illegal as per rules; PIA denies allegations.

PSO required Rs51 billion to retire its letter of credits this month.

Says the automated system will increase efficiency, cut risk.

Reports a profit of Rs1.4b for first half of fiscal 2013, announces Rs2 per share interim dividend.

Previously, the tax was applicable only to firms registered in large taxpayer units.

Benchmark KSE-100 index gains 69 points.

Manages to post 16% higher profits on lower provisions, higher non-core income.

Finance minister avoids meeting with the bank’s director general.

Pipeline will cost Rs190m per km, markup on loan is 3%.

State Bank has been the handmaiden of government's borrowing joy ride, contributing to a rise in core inflation.

Depreciation in rupee is much worse than 20-year average decline and IMF says it should be devalued further.

Panelists discuss ways to help students find right careers.

Britain will continue its support for the inclusion of Pakistan in the EU’s GSP Plus.

In absence of a procurement policy, experts say Pakistan may have to import.

Seeks joint ventures in the fields of education, health and tourism.

It is unwise to use vital installations, like the biggest airport in the country, as the security for bonds.

Most disclosure requirements today are those of the exchange, not the regulator.

Benchmark KSE-100 index gains 85 points to close near 17,700 points.

Deficit stands 12% lower at $11.6b in first seven months of 2012-13.

Analysts see chances of revision of margins instead of reversion to percentage formula.

No cash dividend announced; higher termination rates for international calls add to profits.

Bank DG arriving for talks after CCI approves use of imported, Thar coal blend.

The value and volume of the e-banking transactions reached Rs7.6 trillion and Rs79.45 million respectively.

As external funding drys up, forex reserves are under threat and last quarter of current fiscal year will be critical.

Firm to provide training and short courses for industries.

Believes bank’s assets will grow exponentially once HSBC acquisition goes ahead.

The levy was imposed by the Ministry of Petroleum and Natural Resources on local LPG producers to facilitate imports.

MoU signed with ICAP exempting grads from four modules of the CA programme.

Revamps strategy this time around to compete in rapidly growing IT market.

UNICEF will use the funds to tackle unemployment in Punjab.

Benchmark KSE-100 index gains 63 points.

Handsets have features like wireless charging, image stabilisation cameras.

Net interest income grows 2% as margins contract.

Company’s management says it cut down on transmission and distribution losses.

Government will raise Rs23 billion as Chinese back out.

The diversified group plans to open outlets in domestic, world markets.

Recommendations of the World Bank will be analysed and the dam’s design will be finalised by March.

Average monthly inflow still 10.36% higher than last year.

Pakistan repays $145.79m to the IMF; scheduled to repay another $375m.

Benchmark KSE-100 index climbs 71 points as earnings season guides direction.

Company’s net profit grew nearly 127% on the back of higher margins.

As govt delays appointments, three members do the job of 10.

Govt borrows Rs182 billion to bridge last year’s record budget gap.

Chief minister says 12 more industrial estates in pipeline.