Profit

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Cherat is taking out a long term loan to start its fourth line, in light of rising demand for the bags

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The rubber goods manufacturer is setting up a joint venture with foreign investors to expand its production of radial tyres

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The struggling company has tried to keep going in various capacities, but has finally decided to exit its core business completely

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Several WhatsApp groups had forwarded messages claiming that Byco had started two new production lines; Byco's share price went up on the PSX

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Finance Ministry refuses to give approval for the deal, resulting in now a five-year delay for the transaction

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The country’s second-largest telecommunications company – and the biggest one owned by the government – is facing significant delays from its own regulator

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The transaction is part of a distressed fire sale arranged at the behest of the company’s major creditors after the company defaulted on its loan obligations

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The desire of former President Asif Ali Zardari’s associate, and alleged partner in money laundering, to control his sugar mills from Karachi Central Jail continues to hamper the ability of the company to publish its financial statements

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Ghandhara Industries denies story that has been circulating on social media about its supposed plans to partner with a Chinese automaker