Business

The second largest oil distributor declares a payout of Rs14 per share in 2010.

Stocks of 27 companies will be eligible initially, mutual funds, SECP discuss inclusion of income funds as financiers.

Bulls stayed in the market for the fourth consecutive day, as the bourse gained 63 points.

Seven hundred million metres of lawn sold annually.

Government had set the petroleum levy collection target at Rs110 billion in the 2010-11 fiscal budget.

Demand for company's product expected to increase.

Increased depreciation allowance on used car imports draws heavy criticism.

Sixth bank to enter the segment.

Exporters fear cancellation of orders.

FBR chairman pledges resumption of negotiations for full-scale implementation.

Loan will be reimbursed on soft terms.

Lender likely to agree on increase of Rs103b in budget deficit limit.

Aims to help Pakistan reduce dependence on petroleum products.

Protocol provides information on bilateral cooperation in various fields such as agriculture, education and energy.

The proposed amendments to the Companies Ordinance 1984 will allow companies to buy back their shares.

Staff employed by Agility vacates their offices at the Customs department.

Silkbank Limited released its financial statement for the year ended December 31, 2010.

Julian Saunders says Pakistan has the potential to follow innovative communications.

The development highlights the potential for excellence among local corporations.

Hafeez Shaikh says a declining trend in the inflation rate was reported during fiscal 2009-10.

The banking sector’s profits rose by 17 per cent in 2010 driven by lower loan losses and higher net interest income.

The stock market gained 91 points on Wednesday as investors accumulated shares.

Population and economic growth will help Pakistan’s motor gasoline consumption triple in the next 15 years.

Govt reluctant to give tax authorities green signal to crack down on 700,000 tax evaders.

After failing to muster support on RGST, govt considers levying taxes by promulgating an ordinance.

Move comes as part of a drive against illegal price hikes.

Engaging target audience stressed.

Aims to dispel misconceptions, promote industries and self-employment.

Higher interest rates to blame.

Pledged Rs30b remains in the pipeline.

Profit remains unchanged in 2010.

An increase in the price of furnace oil will lead to a rise in the electricity tariff.

Many amendments made to trade policy to encourage exports.

Agility warns of legal action against FBR.

Trading volume surges to 153 million shares.

Ogra revises rates for CNG by dividing country into four blocks, prices expected to go up in some areas.

Key coalition partner MQM rejects price increase.

The central bank would ensure that loans are properly distributed to prop up the regional and national economy.

The board collected Rs865 billion during this period.

Speakers said gas was an essential item for running the wheel of the industry.

Mehmood stressed the need for separation of collection and assessment of taxes.

Agreement has been reached to sign a treaty.

Top-level buying delegation expected before October.

Argues that the company has rightly disconnected gas supply.

Farmers cite high cost of production as reason.

Increase linked to international rates.

Govt had announced a 45-day gas supply shutdown for plants on the Sui network.

KSE-100 index gains 66 points.

Full-year target of 4.7 per cent likely to be overshot.

Dealers demand increase in profit margin.