Business

Foreign buying and positive news flow aided market’s recovery

Investors will take benefit of price difference between stock markets.

The project cost will be funded through a combination of debt and equity in the ratio of 70:30.

Drap was also directed to publish directives, precautions and warnings on labels in simple Urdu for patients.

Speakers provide strategic insight into all critical issues.

The inspection comes in the backdrop of an acute shortage of petrol in Punjab early January

None of the aircraft that were tendered were in flying condition.

Drafts of framework have been placed on SECP website for public opinion.

Benchmark KSE-100 index rises 50 points.

Earnings per share jump to Rs39.99.

Tender issued for the fourth time in attempt to sell piled-up quantity.

It is one of the few distribution companies that post profits; assets amount to Rs160b.

Defers the plan until April despite warnings of financial collapse of gas utilities.

DG Khan Cement building its first plant since 2007 near Hub to tap economic growth

Imports of 500 mmcfd of gas to begin as early as April, prices set even lower than rates for India.

Election authority rejects nomination papers of 21 FATA candidates for tax evasion.

FBR not only lost taxpayers’ money, but also never actually achieved its downward revised revenue collection targets

Bangladesh, Vietnam grabbing Pakistan’s place in world market.

Reports earnings of Rs7.9b compared to Rs5.8b during 2013.

EVP says liquidity avenues were limited which put the Islamic bank at a disadvantage.

If plan approved, they will set margins of petroleum products.

The SBP received $717 million on account of the Coalition Support Fund (CSF) during the week.

FPCCI is working on a mechanism to improve the country’s tax revenue by collecting income tax from small traders

Benchmark KSE-100 index rises 223.41 points.

37% of demand is met from tyres smuggled through Afghan border.

Deficit recorded at $2.3 billion in July-January 2014-15.

Investigation comes in the wake of concerns about manipulation of supply and prices.

Spending to help generate electricity worth $300 million, says WAPDA.

The currency market has stabilised over the past few months after experiencing extensive volatility

. A delegation of senior Vestas officials travelled to Pakistan to sign the MoU

It is set to fill every gap that consumers currently face

On Tuesday, state minister Abid Sher Ali accused K-Electric of not paying their dues

ICCI President Muzzamil Hussain Sabri signed the MoU

SNGPL initially supplying gas for four hours only.

FIEDMC is spread over 4,500 acres of land with expected investment of billions of dollars

Has to pay back Rs50 billion to commercial banks.

Benchmark KSE-100 index falls 82 points.

Over 20% companies in the free zone belong to Pakistan.

The aim is to avoid leakages and losses in distribution system.

Objective of the purchase is to increase revenues and earnings.

Import duty will be cut by around 22-40% on car parts.

Group will raise $300 million from international debt markets for investment in US fertiliser plant.

HSBC apologises for past practices at its Swiss private bank following allegations that it helped clients dodge taxes

Nepra holds off decision because CPPA forgot to include costs

The Digital Youth Summit 2015 in May

Brings issue to the knowledge of Competition Commission.

Cross half of 103m SIM target in one month.

Declares final cash dividend of Rs5.5 per share, cumulative payout at Rs12.

Net income rises to Rs3.39b compared to Rs2.67b in previous year

Benchmark KSE-100 index edges up 4.66 points.