Punjab Food Authority declares 61 ghee, cooking oil brands ‘unhealthy’
PFA has declared 61 ghee and cooking oil brands unhealthy for usage and has further seized 47,233 litres of ghee and cooking oil
Pakistan Army owns $20 billion stakes in fifty conglomerates claims Indian media report
LAHORE: The Pakistan army exercises control over fifty conglomerates said to be worth $20 billion stretching from banks, industrial plants, universities, milk dairies,...
Seasonal flu pushing up rates of Arinac Forte, Panadol CF
KARACHI: As seasonal flu sets in, demand has surged for Arinac Forte and Panadol CF , used for cold and flu and witnessed...
How investor cash is changing the face of Pakistan’s diagnostic labs
From global private equity to domestic healthcare companies, laboratories in Pakistan are attracting investment and getting technological upgrades
PSQCA issues notice to beauty cream manufacturers over health concerns
Faiza Beauty Cream causes skin cancer, other diseases
As private hospitals rake it in, should the government use its pandemic powers, or simply let the free-market be?
Covid-19 patients and their families complain of extraordinarily high bills and lack of transparency on pricing
Al-Tahur set to enter final stage of IPO with a strike price of Rs21
The book building process for Al-Tahur ended on, Tuesday, June 26, with the Initial Public Offering (IPO) of the dairy company entering its final phase where it will offer stocks to the general public at a price of Rs21 per share.
Construction of Pakistan’s largest Shaukat Khanum Hospital commences in Karachi
The hospital, which will be completed with an estimated cost of Rs6.2bn, is planned to become operational by Dec 2021
The year 2019...
Arif Naqvi in a message to friends & employees shares his experiences at Abraaj
The turmoil-filled months for Arif Naqvi, the founder of Abraaj Group has resulted in ignominy for a person who once heralded forums like the World Economic Forum and built the company into the largest private equity house in the Middle East and North Africa
Surgical goods, medical instruments worth $348.579mn exported in 11M FY17-18
Surgical goods and medical instruments worth $348.579 million were exported during 11 months of the last financial year ended on June 30, 2018
OBS Pakistan to acquire Globe Textile Mills Ltd
OBS Pakistan (Private) Limited, a pharmaceutical company, through the newspaper advertisement, has shown its interest to acquire 14,891,829 ordinary shares of Globe Textile Mills Limited.
MyDoctor.pk raises $1.1million funding, rebrands to oladoc.com
LAHORE: MyDoctor.pk, Pakistan’s leading online health platform, has announced that it has officially changed its name to oladoc.com, said a press release...
PBIT, Ittehad Chemicals ink $40 million MoU for chemical unit
LAHORE: Ittehad Chemicals Limited and Punjab Board of Investment and Trade have signed a memorandum of understanding (MoU) to establish state-of-the-art facility, valued at $40...
GSK to acquire Novartis’s consumer healthcare venture for $13 billion
ZURICH: GlaxoSmithKline said on Tuesday it will buy Novartis’s 36.5 percent stake in their consumer healthcare joint venture for $13 billion in...
P&G to buy Merck’s consumer health unit for $4.2 billion
OHIO: Procter & Gamble (P&G) has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros ($4.2 billion), giving it...