Business

Swicorp sells its entire stake in Uch Power to International Power.

French car manufacturers eying Pakistan’s market.

Review to be completed within three months.

SSGC and SNGPL ask OGRA to decrease gas prices for consumers.

Existing capacity of power complex is 1,655 megawatts.

KSE’s benchmark 100-share index plummets 114 points.

Project to be completed in four years, will generate extra 1,410MW.

ChenOne owner plans to expand its presence in the domestic retail market with “House of Chenab” chain.

Country must give space to private sector: Planning Commission.

Tax on profits from investment in govt papers will also not be raised.

Dr Asim Hussain says OGDC sets prices of petroleum products independently.

A joint commission was formed to give a boost to bilateral trade, economic relations.

Maritime agency informed NAB that the power ship anchored off Karachi’s coast has been formally taken over.

Glasses can snap photos, initiate videochats and display directions at the sound of a user's voice.

Domestic sales grow by 15%, exports decline 24% in March.

Foreigners interested, but wary of risks: ABAD.

Lack of quality control results in customers losing trust in technology.

Steps up process for funding Munda Dam project.

Summary sent to Prime Minister Yousaf Raza Gilani

Long-entrenched interests, structural problems to make his life difficult.

Country has the fourth-cheapest mobile cellular tariffs among 142 countries: report.

KSE’s benchmark 100-share index gains 254 points.

Punjab proposal to take control of DISCOs rejected by other federating units.

Air craft belonging to Iqbal Ahmed of Pakistan Power Resources grounded

Rapid expansion fuelled by rapid economic growth, population and rising food inflation.

Petroleum ministry favours daily workout of prices.

Research work on alternative energy sources as biogas and developing innovative techniques for energy conservation

India’s sensitive list of Pakistani imports has 878 items, mostly textiles and chemicals products.

Company liable to pay Rs3b following dismissal of appeal.

Sets up platform that will cooperate with Global GAP Secretariat.

Ministry of Industries insists that competition with India is good.

Govt shifts focus to hydro, wind, coal and solar power.

Paper & paperboard segment likely to become independent private company.

KSE’s benchmark 100-share index gains 28 points.

Qatar refuses to supply gas at less than $18 per unit.

Professionals see many opportunities for growth in Pakistani market.

Lahore-based Mindstorm Studios gets a developer contract with giant 6waves.

Eighteen firms collaborated on several contracts to supply equipment to power companies.

Finance ministry approves reduction in oil prices, new price of petrol to be Rs103.36 per litre.

Exhibition will showcase best of Pakistani fashion, textiles, accessories, home furnishings and other items.

Petroleum Ministry issues summary to revise petroleum levy. OGRA expected to issue notification.

CAA assures demands of air traffic controllers, including incentives package was at the top of the agenda.

Points can serve as meeting places, exhibition centres.

Oil production grew 4.6% whereas gas production was up by 4.7% during January to March on a yearly basis.

The port has a maximum handling capacity of 750,000 twenty-foot equivalent container units.

ICAP suggests cut to regional levels in budget proposals.

Industry threatens strike in case of talks failure, files case in court.

Automobile assembler plans to launch another Daihatsu car.

KSE’s benchmark 100-share index declines 98 points.

Pakistan Bureau of Statistics excluded the massive hike in electricity prices from the consumer price index.