Stories from Salman Siddiqui
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IPO: Roshan Packages raises Rs2.1b in book building
Process results in strike price of Rs86.25 per share, company will now sell shares to general public at month-end
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Semi-urban, rural areas lead growth in cellphone services
Growth comes with expansion in cellular networks, increasing awareness
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Processing, export: Fauji Meat officially begins commercial operations
Company targets revenue of Rs16-20b in the next 1-2 years
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Fauji Meat officially begins commercial operations
Company targets revenue of Rs16-20 billion in the next 1-2 years
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Higher disposable income spurs processed food industry
Average monthly spending on readymade food rose to Rs1,009 in 2013-14
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Pakistan’s first deep-water terminal to be ready in April
It will accommodate mother vessels that can each carry up to 18,000 containers
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Joint venture: HUBCO increases stake to 47.5% in imported coal-fired project
Enhanced stake is estimated to help firm earn higher revenues
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Smartphone-powered robots launched for school students
Aim is to transform Pakistan into an engineering hub
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Pakistan receives first cargo of better-quality diesel
Vessel brings 55,000 tons from Kuwait, fuel meets Euro-II emission standards
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Telcos allowed network sharing for better service
A maximum 75% of the spectrum held by a company can be traded