Business

Novartis says competition commission is not aware of basic facts.

The project will cost $115.6m and generate 100MW of electricity.

Prices of 18 items increased while 3 decreased in a week.

KSE’s benchmark 100-share index rises 157 points.

Nishat Mills increase in net profit by 66 per cent to Rs4.84 billion, Kapco's net profit rise 28% to Rs6.53 billion

Bidders accuse Railways of taking kickbacks in purchasing locomotives.

Round-up of some funky tools, from robots to blue tooth headsets to wristband battery chargers.

Yellow metal peaks 14 times in two and a half months.

The reserves were boosted in June by inflows of $411 million, including foreign loans of $389 million.

The decline was primarily driven by the severe value wipe-off in global equities amid US and eurozone debt crisis.

Currency falls for fourth straight trading session.

Power producers claim they are receiving 50% of the monthly bill.

KSE’s benchmark 100-share index jumps 92 points.

CCP feels disclosure leads to corruption in industry.

Centre seeks comments from provinces to curtail heavy expenses due to line losses.

Exporters urge creation of garment training institute.

Tweeting has played a crucial role in social movements like the one in Al Tahrir square.

Human resource is evolving and the rules of the game have changed.

It’s not the tax, but how it is collected which will make the difference.

Privatisation is a package deal and one cannot be naive about the conflicts between wealth creation and social justice

Circular debt had delayed the project; managing director of the firm likely to be sacked.

90% of messages received on a mobile device are useless at best, and generally trigger annoyance, says PEW.

Trade Minister criticises SLSI for by-passing authorities concerned before approving distribution of the cement stock.

How businessmen take advantage of legal loopholes to nest-eggs abroad.

Distributors want further price cut for industry’s survival.

Business groups feel the lack of faith in the legal system is aiding the mafia.

Mobilink converts billboards into school bags for children, promotes recycling.

Experts lay stress on tissue culture for better growth.

Individual taxes and levies multiply import costs, provide incentive for smuggling. Importers save Rs120,000 per ton.

All efforts to control crimes fail to show tangible results.

Bank account holders return empty-handed.

Petroleum product rates to remain same across the country.

Total govt debts now exceed the maximum allowed by the 2005 Debt Limitation Act.

Zardari meets industrialists, seeks investment in infrastructure development sector.

The headset can be used for watching videos, listening to music and playing videogames.

National carrier has operated over 170 extra flights so far for Umrah.

Central bank sticks to tightening of monetary policy.

Shift of management control is expected to save around Rs500b annually.

Oil payments took rupee to 87.36 during the day.

Adamjee Insurance approved a cash dividend of Re1 for every ordinary share of Rs10.

Labourers find they can earn a lot more by working in other industries.

KSE benchmark 100-share index jumps 167 points.

Expo aimed at boosting regional economic cooperation among Asian and European countries.

Local giant to drill 137 new wells in five years of which 16 are expected to be successful.

The president will also meet Chinese vice premier.

'I keep asking my boss to help me but he says I need to learn to handle this on my own.': Sanober.

Downward pressure expected to continue, says dealer.

Share of domestic tax increases, according to provisional figures.

President Zardari to be chief guest at inaugural cultural performance.

MoU signed to establish the Bombay-Karachi Joint Chamber of Commerce and Industry, promote bilateral trade.