Petrol prices increased by Rs9/liter
KARACHI: The Federal Cabinet’s Economic Coordination Committee (ECC) approved on Friday an increase in the prices of petroleum products. Petrol, after an increase of Rs9, will be sold at Rs108.42…
SHC issue notice in vehicle case
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Friday issued notice to the Directorate of Intelligence…
Nutrition Problems of Children Hindering Nation’s Growth, Says Experts
Islamabad: A media dialogue on the nutrition situation affecting children, adolescents and women of Pakistan was organised by the United Nations Children’s Fund (UNICEF) here today. The dialogue, held in…
Meezan Bank and Central Depository Company join hands to provide Shares Custody Services to Meezan Customers
Meezan Bank Pakistan’s leading Islamic bank and the Best Bank in Pakistan, has recently joined hands with Central Depository Company (CDC) – the sole securities (shares) depository in the country…
Customs initiates inspection and inventory taking of bonded warehouses
KARACHI: The Collectorates at Customs Appraisement South have formed three teams to conduct an audit of bonded warehouses to verify whether the goods in-bonded at these warehouses were present or…
Seapulse announces three UK offshore exploration wells as part of planned two-year drilling programme
HAMILTON, BERMUDA: Seapulse Limited, the global oil and gas explorer, is pleased to announce it has signed farm-in agreements for two UK Continental Shelf licences with Azinor Catalyst Limited. These…
Florida Legislature approves the operation of autonomous vehicles and control Apps
LONDON: Tekcapital Plc, the UK intellectual property (IP) investment group focused on creating marketplace value from investing in university technology, has announce an update from its portfolio company Guident, Ltd.On…
Sales Commence at Leigh Creek Copper Mine
SYDNEY: Strategic Minerals plc, a producing mineral company actively developing projects prospective for battery materials, is pleased to announce that the Leigh Creek Copper Mine (LCCM) operation has made its…
Wood closes sale of Terra Nova Technologies
ABERDEEN, UK: Wood Group (John) PLC has confirmed it has completed the sale of conveyor systems business Terra Nova Technologies (TNT), as originally announced on 25 March. Following a strategic…
HSBC Holdings reports 31% growth in net profit to $4.9 billion for 1Q 2019
LONDON: HSBC Holdings has reported profit after tax $4.9 billion for the quarter ended March 31, 2019, which is up 31% from the profits recorded in the corresponding period last…
Godrej Properties purchases R.K. Studios’ land to develop a mixed-use project
MUMBAI, INDIA: Godrej Properties Ltd., one of India’s leading real estate developers, announced the addition of a new project in Chembur, Mumbai. Spread across 2.2 acres, this project will offer…
GOL announces direct flights to Lima, Peru
SÃO PAULO: GOL Linhas Aéreas Inteligentes, Brazil’s premier domestic airline, has announced the expansion of its international network with regular flights to Lima, Peru.This will be the 15th international destination…
Glenmark expands specialty portfolio with OTIPRIO co-promotion agreement in the U.S.
MUMBAI, INDIA: Glenmark Therapeutics Inc., USA, a wholly-owned subsidiary of Glenmark Holding SA., has announced a co-promotion agreement with Otonomy Inc., a biopharmaceutical company dedicated to the development of innovative…
Birlasoft receives ‘Expense Management Partner of the Year 2018’ Award
NEW DELHI: Birlasoft, part of the USD 2 billion diversified The CK Birla Group announced that it is the recipient of the prestigious ‘Expense Management Partner of the Year 2018’…
Pakistan’s consumer inflation eases to 8.82pc in April
KARACHI: Annual consumer inflation eased to 8.82 percent year-on-year in April after having peaked to more than five years high of 9.41 percent in March, but the current tally is…