Pakistan News

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  • Dutch company to acquire Engro Foods Ltd

    KARACHI: A Dutch dairy cooperative is set to buy out food giant Engro Foods Limited with an investment of around $460million, in what would amount to the largest private sector takeover by a foreign firm in the country's history...

    FrieslandCampina International Holding BV intends to acquire a 51 per cent stake of Engro Foods Limited, one of the largest listed companies at the Pakistan Stock Exchange (PSX), a notification on the bourse's...
  • AGP Ltd raises Rs2.8 billion

    KARACHI: AGP Ltd, a pharmaceutical company in the fold of OBS Group, has raised Rs2...

    At the gong-ringing ceremony at the PSX on Monday that signalled the start of trading of company’s stock, AGP Ltd share price quickly hit the upper circuit of 5 per cent to take the stock price to Rs84, from the offered price of Rs80 a share...

  • Pemra seeks ARY News response to IB complaint against 'fake news'

    The Pakistan Electronic Media Regulatory Authority (Pemra) on Saturday directed ARY News to respond to a complaint filed by the Intelligence Bureau (IB) against its report on a list of lawmakers suspected of links with banned militant groups allegedly compiled by the IB...

    The list first came to light when ARY News programme 'Power Play' aired a report on Sept 25 claiming that former prime minister Nawaz Sharif had directed the IB on...

  • Pemra serves notices to ARY, Bol News over 'fake' news regarding cabinet reshuffle

    The Pakistan Electronic Media Regulatory Authority (Pemra) has issued show-cause notices to ARY News and Bol News for airing news items regarding a reshuffle in the federal cabinet and change in the portfolios of some federal ministers, it emerged on Tuesday...

    The two media outlets had aired the news on Monday morning about a possible reshuffle in the posts for Minister for Finance and Minister of State for Interior held by Asad Umar...

  • Sectarian tension in Hyderabad localities subsides

    HYDERABAD: Residents of Gujrati Para, Gulshan-i-Hamid and some other localities held a protest demonstration after Juma prayers against some statements made by the prayer leader of the Jama Masjid Rais, located in neighbouring Gulshan-i-Rais, a couple of days back...

  • Murder, rape convict executed in Hyderabad

    A man convicted of rape and murder was executed early Tuesday morning at the Hyderabad Central Prison...

    This is the first execution to take place in Hyderabad since 2015, when two death-row prisoners convicted for the 1998 hijacking of a PIA Fokker were executed in Karachi and Hyderabad jails...

  • Anti-drugs rally held in Hyderabad

    HYDERABAD: A rally against drugs was taken out by a number of students of public and private schools and colleges along with scores of police officials on Thursday...

    According to a Hyderabad police spokesperson, district police launched the anti-drug campaign from Nov 17 to 23 in collaboration with the Crime and Human Rights Cell set up at Hyderabad SSP office...

  • Three-day Sufi festival gets under way in Hyderabad

    HYDERABAD: A three-day festival titled ‘Sindh Sufi melo’ was inaugurated by by Sindh Senior Minister for Food and Parliamentary Affairs Nisar Ahmed Khuhro in Hyderabad Club on Sunday...

    Senator Aajiz Dhamra, Auqaf Minister Ghulam Shah Jillani, PPP Hyderabad district president Saghir Qureshi and information secretary Ahsan Abro were among the prominent figures who were present...

  • MQM-P activist Dr Naushad shot dead in Hyderabad

    A sector in-charge of Muttahida Qaumi Movement-Pakistan (MQM-P), Dr Naushad, was shot dead by unidentified assailants in Hyderabad on Wednesday, DawnNews reported...

    Residents of the area called police after spotting his body, which was subsequently shifted to Liaquat University Hospital, Hyderabad...

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