Business

If successful, the drive will boost utility’s profits by Rs3 billion.

Investors losing optimism over IMF deal, circular debt.

Says asking banks to divulge information will do more harm than good.

Nishat Group company creates excitement in the book-building phase alone.

Says the amount has been provisioned for unrealistically and distort economic realities.

Bank is expected to be appointed as transaction adviser.

SC says executive can’t raise tax without parliament’s consent.

Withdrawal of tax subsidy will increase brain drain.

POF's products have great demand in international markets: Federal Minister.

To discuss economic and development issues of mutual interest.

Flights take off after sacked manager reinstated.

Bank objects to compensation policy for land acquisition.

Top Chinese firms will invest in SEZ to be set up near Lahore.

Bearish sentiment subsides on hopes of fresh loan programme.

Khawaja Asif says that the energy sector is being made attractive for investors.

Century Paper trebles revenues to Rs13b in just four years.

Orion team arrived in Pakistan earlier this month to thresh out technical details.

Author says ministers wanted to award the contract only to Shell Pakistan.

Imposition of taxes on assets, rather than income, causes worry.

The exploration companies will be carrying out more tests to see how much production can be increased.

FBR ordered to impound 50, 000 vehicles, announce the bids for auctions.

Former parliamentarian says China has agreed to fund the project.

600-700 MW more hydel power is expected in the national grid, says Asif.

Bank agrees to finance development of Pakistan’s highways.

Limit has been increased from Rs1m to Rs2m.

Sindh Engro Coal Mining Company seeks to expedite development after receiving $700m worth of sovereign guarantees.

Experts say ITIL can help improve business efficiency if utilised.

SBP governor says Pakistan has enough foreign reserves to repay IMF loan.

Profit-taking drags the bourse down another 297 points.

Minister hopes pipeline will be laid within the stipulated timeframe.

Reminds Dar of his proposal to broaden tax base instead of increasing taxes.

Power plants, industrial units and CNG stations may face greater supply cuts.

Non-registered dealers will be subjected to higher GST payments.

95% of stations will sell petroleum products at higher prices due to GST on unregistered pumps.

Will send a 30-strong delegation to participate in Expo Pakistan.

Seeks to buy Al-Hamd Foods, acquisition price remains undisclosed.

Hope it will eventually lead to a reduction in the oil import bill.

Oracle-based ERP software helps company significantly streamline operations.

It will highlight how the Mashal project went dead.

Heavy foreign selling on Friday dampened investor sentiment.

Says it will bring price down to $16 from the $21, sought by India.

Shaikh said that Pakistan dispatched around 1,000 workers to Korea.

Diplomat discusses various opportunities with businessmen.

Believe step will trigger capital flight, encourage corruption.

It is very unlikely that any IPP will agree to reduce its mark-up on late payments from government, says an analyst.

Business community still have time to cajole, coax or maybe even bribe the govt into making changes in the final draft

Banks likely to see their margins squeezed even more than they already are.

MNCs praise tax measures aimed at broadening tax net, but express concern over some other steps.

Experts say govt should rely more on direct taxes.

Analysts remain bullish on the KSE-100 index for the fiscal year 2014.