22 August, 2014 / Shawwal 25, 1435

Dilawar Hussain

Foreign buyers for stakes in bourses

Three parties have finally gone beyond the EoIs for the acquisition of a controlling stake in the country’s capital

EFoods’ focus on market share

Engro Foods’ ice cream business witnessed its highest-ever sales of Rs1.2bn in the second quarter, ...

Upgrading credit rating agencies

Most market strategists agree that credit rating in a developing country like Pakistan is a ‘hazardous minefield’....

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).