What on earth happened to TCS & can Saira Awan fix it?

The pace of change can sometimes overtake even the best companies, including those that have achieved the coveted “verb status”. In most of urban...

Is this the end of Abu Dhabi group in Pakistan? And who is to blame?

If you were to pick an area of Lahore to live in, an area for the elite of the elite – for titans of...

Pakistan’s next economic crisis

Suppose for a minute that you are a globally focused investment manager based in London or New York. If you have been paying attention...

Will Toyota be able to kill two birds with this one stone?

Earlier this month, the market was abuzz with talks that Indus Motor Company (IMC), the makers of Toyota Corollas in Pakistan, is replacing its...

What is Malik Riaz up to now?

On the surface, it is a transaction that makes absolutely no sense: why on earth is Bahria Town, Pakistan’s largest private sector real estate...

Pakistan’s Only Powerful Women In Business

When we set out at making the first of Profit's annual list of the most powerful businesswomen in Pakistan, we had assumed that shortlisting...

The heir to Agha Hasan Abedi

How Abraaj’s downfall has echoes of the earlier scandal of BCCI’s collapse, and how it might impact the place of Pakistanis in global finance

PSL: Good cricket but bad business

The Pakistan Cricket Board (PCB) is said to be raking in somewhere around Rs1.7 billion annually in revenue through its flagship event, the Pakistan...

Why Sheikh Imranul Haque’s imprisonment should terrify Corporate Pakistan

Sheikh Imranul Haque has been in jail for approximately one month and nobody in the government – not even the serious looking men charged...

What happened at Habib Bank in New York?

The Grand Central Terminal in New York is, by some measures, the largest train station in the world, covering 48 acres in the heart...

Is Dewan Yousuf serious or will he hoodwink everyone yet again?

The Group faces a serious credibility crisis as it turns down offers for its cement plants for the umpteenth time – even the lucrative Mega offer – raising doubts about its intent to sell and settle the default.

Pakistan’s first fashion billionaire?

The year 2017 is the first time the Pakistani clothing market hit Rs1 trillion in consumer spending (according to an analysis conducted by Profit...

Can Tapal’s new boss lady defy the odds & retain market leadership?

“You can keep wealth in the family only for three generations,” asserts an ancient Chinese proverb. Similar aphorisms exist elsewhere. “From the cowshed to...

Naya minister, meet purani ministry

The minister is already inheriting the purani ministry and if he fails to come up with a strategy for raising revenue, he will be the same as the purana minister himself

Is Ernst & Young about to exit Pakistan?

Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with its Pakistani...

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Rs100 billion worth of tax fraud discovered by FBR

KARACHI: The country's corporate sector has been found involved in at least Rs100 billion of tax evasion and avoidance during the last four months,...

Car sales drop 56pc in October

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