01 August, 2014 / Shawwal 4, 1435

Dilawar Hussain

Facing uncertain times

The power company would be less vulnerable to rising circular debt because of its ability to pass on incremental debt

Bestway buys Lafarge for $329m

The sale price corresponded to an enterprise value (EV) of 100pc at $329m. The deal is subject to adjustments specified

Bulls toss stocks to all-time high

The heavyweight OGDCL posted good gains of R5.01, which alone accounted for addition of around 85 points to the index.

Stock market boom

Some market players attribute the equities’ good performance to rising foreign portfolio investment, the country’...

Innovation in insurance

Habib Insurance has extended the scope of the traditional fire, marine and motor insurance business in an innovative way

PPL offering to yield Rs15 billion

KARACHI: The government secondary public offering (SPO) of 70.06 million shares in Pakistan Petroleum Limited (PPL)...

Govt to offer PPL shares next week

CCoP approved SPO of 70.05 million shares from the government held equity in Pakistan Petroleum Limited (PPL).

Stock investors feel short-changed

KARACHI: In the Economic Survey FY2013-14 as well as in his budget speech, the finance minister showered praises on...

Living off penal income

While the accumulation of circular debt remains a concern for Nishat Chunian Power, a liquidity injection of Rs47.5bn