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...
KARACHI: The country’s 10 banks signed an agreement on Friday to establish Pakistan Corporate Restructuring Company Ltd (PCRCL)...
Under the provisions of Corporate Restructuring Companies Act 2016 with an initial paid-up capital of Rs500 million, the banks have decided to establish the Corporate Restructuring Company (CRC) — first of its kind company in the country...
Lahore-based information technology company Systems Limited has been included in the Forbes list of Asia's Best Under A Billion for the second year in a row...
In a statement, Systems Limited said the inclusion in the list for the second year in a row was of "utmost importance" and highlighted the company's consistent composite scores...
KARACHI: Provincial authorities on Wednesday informed the Sindh High Court that a new notification had been issued to provide 20 per cent concession to parents in school fees for the months of April and May after amending the rules...
It also asked the registrar to distribute thermal guns to district judges of Karachi and also directed him to submit a report with requirement of thermal guns at the SHC bench at Sukkur and circuit...
The Supreme Court continued hearing the Panamagate case on Friday for the third consecutive day...
Naeem Bokhari, Pakistan Tehreek-i-Insaf's (PTI) lead counsel alleged that the owner of the London flats is Prime Minister Nawaz Sharif
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...
KARACHI: A South Korean chemical company announced on Monday it’s exiting the Pakistan market after 13 years...
Lotte Chemical Company Pakistan Ltd said its South Korea–based majority shareholder is selling its entire stake of 75...
Police are investigating the alleged murder of a driver working for a ride-hailing company who was found dead in his car in Karachi's Korangi area earlier this week, police said on Friday...
"The victim was associated with a ride-hailing company but at time of the incident, his vehicle was "offline", Abbasi said...
KARACHI: Two more district municipal corporations (DMCs) of Karachi on Friday inked an agreement with a Chinese sanitation service group to lift piles of garbage in their limits as the Sindh local government minister hoped that the work would begin from next month...
The DMCs of Malir and Karachi West through their chairman and administrator, respectively, signed the agreement with the Hang Zhou Jin Jiang Group Sanitation Service...
KARACHI: Three security guards were shot dead in Karachi’s Ibrahim Hydery area Friday evening, according to police and hospital officials...
KARACHI: A First-Information Report (FIR) was filed by the Sindh government after 70 trees lining a greenbelt along Shaheed-i-Millat road were cut down on April 3 allegedly by a construction company, Superintendent Police Jamshed Masood Bangash confirmed on Sunday...
The incident comes as Karachi braces for another searing summer a year after a scorching heatwave claimed the lives of over 1,300 people in Sindh, with most of the deaths...
The Sindh government and a Chinese firm have inked an agreement for garbage collection in Karachi, where the solid waste problem has assumed crisis proportions...
The agreement in this respect was signed between the Sindh Solid Waste Management Board and Chinese company Wuzung, Radio Pakistan reported...
PTI lawmakers on Sunday urged the federal government to end K-Electric's (KE) "monopoly" by bringing in another company to distribute electricity in an effort to solve the power issues being faced by citizens living in the metropolis...
Addressing a press conference in Karachi, Leader of the Opposition in the Sindh Assembly Firdous Shamim Naqvi said that the city has been facing electricity issues for a long time...
A mob lynched two employees of a cellular company in Karachi’s Machhar Colony on Friday after rumours spread that they were kidnappers, police said...
He did not specify which mobile phone company the victims were affiliated with...