FIA unearths fake broker working with Zafar Moti and Adam Securities

KARACHI: The Corporate Crime Circle (CCC) of Federal Investigation Agency has unearthed a fake broker's (Wamiq Yousaf) fraud of Rs 51.365 million.Wamiq was using...

United Motors launches ‘Bravo’, priced Rs850,000

Will the United's Bravo be the perfect replacement for the outgoing Mehran?

IMC decides to launch Toyota Vios in Pakistan, Corolla GLi to be discontinued

KARACHI: Indus Motor Company Ltd (IMC) has finally decided to launch Toyota Vios in Pakistan after discontinuing the Toyota Corolla GLi, a company source...

Atlas Honda launches CB125F

Pakistan’s two-wheeler market has surpassed the threshold of 2.5m units, making the country 5th largest motorcycle producing countryKARACHI: Atlas Honda Limited has launched the...

Mehreen Ahmed to helm major groups at Bank Alfalah

KARACHI: After Sima Kamil's appointment as Pakistan's first woman President of a big commercial bank earlier this year, today another female was given a...

From JazzCash to Cashless – Hacker steals money from retailers’ mobile accounts

In a recent development that could undermine the government and private sector’s efforts towards financial inclusion, a fraudster siphoned off Rs15 lacs from 22...

KIA-Lucky Motors launches Grand Carnival, its first passenger car in Pakistan

South Korean auto manufacturer, KIA Motors, in collaboration with its local partner Yunus Brothers Group – Lucky Cement, has launched Grand Carnival in Pakistan.

In second IPO of 2018, pharmaceutical company AGP set to get listed on PSX

KARACHI: AGP Limited, one of the country’s topmost local pharmaceutical companies is gunning for an initial public offering (IPO), an official of JS Global...

FBR to introduce one-page tax return form

ISLAMABAD: Federal Board of Revenue (FBR) has decided in principle to introduce a new one-page, simple and easy tax return form.According to media reports, a...

PTI’s economic team to be largely Karachi-centric

The appointments of heads of key financial institutions are also expected to be from Karachi, the economic hub of the country.

AGP IPO: Book-building process ends up in strike price of Rs80

LAHORE: The book-building process of the Initial Public Offering (IPO) of AGP Limited, one of Pakistan’s leading pharma companies has resulted in a strike...

Energy ministry rejects claims of discovering oil reserves larger than Kuwait’s: sources 

ISLAMABAD: The Energy ministry has negated caretaker foreign minister’s tall claim of discovering huge oil reserves reportedly bigger than Kuwait's in Pakistan near the...

Launch of KIA Rio 2018 could threaten car industry’s ‘big three’

LAHORE: The KIA Rio 2018 has reportedly been displayed at the showroom of KIA lucky motors Pakistan, causing speculation in car enthusiasts about pricing...

Indus Motors jacks up prices of Corolla for fourth time this year

Indus Motor has hiked the prices by Rs50,000 for Toyota Corolla XLI to Rs1.944 million till December and it will see a further rise of Rs50,000 in January to Rs2.044 million

Who owns Pakistan? 11 business groups that own 35pc of KSE’s market cap

An infographic by KASB Securities has named the top 11 business groups, which make up 35 per cent of the total KSE all market...

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All you wanted to know about Pakistan’s e-commerce scene (but didn’t...

This article is the start of a series which will aim to provide the reader with an understanding of the e-commerce industry in Pakistan,...

Latest News

Pending GIDC issue likely to be resolved through mini-budget

Ministry of Finance may offer 50pc waiver in GIDC to influential industrialistsISLAMABAD: The Ministry of Finance is likely to offer 50 per cent waiver...