Ten years ago Chenab Limited defaulted on its loans. Now it looks towards second act
Once one of the country’s largest and proudest exporters, the Chenab Group is looking to chart its course back to the top with the backing of its largest creditor, HBL
Cement despatches decline by 2.12% in November on YoY basis
ISLAMABAD: Despite a net decrease in fuel prices, cement despatches experienced a 2.12% decline in November 2023, with total despatches amounting to...
Interloop acquires 64% stake in US firm Top Circle Hosiery Mills
Acquisition is part of Interloop's strategy to enhance its shareholders' value, strengthen its position in the global market, and contribute to its long-term sustainability.
OGRA notifies hike in RLNG prices for November
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has declared a notable increase in the prices of imported Re-gasified Liquefied Natural Gas...
OQ Trading submits lowest bid for one LNG cargo to be delivered in January 2024
ISLAMABAD: An international commodity supplier, the OQ Trading has submitted a lowest commercial offer of US$ 18.4600 per Million British Thermal Unit...
Iqbal Z Ahmed makes bail in NAB caseÂ
The Gas King has been granted bail along with five co-accused persons in the first hearing of the court.Â
ECC likely to approve 15pc to 125pc price hike for 262 life-saving medicines today
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday is likely to grant its approval to increase Maximum Retail Prices...
Another power tariff hike by Rs3.53 per unit under FCA of October on the cards
ISLAMABAD: Power Distribution Companies (DISCOs) except K-Electric in a bid to give another shock to the already burdened power consumers has sought...
What in the world is a fuel charge adjustment and why is it swelling your bill?Â
The CPPA has requested the highest fuel charge adjustment for 2023 for December’s electricity billÂ
PRL inks agreements with Honeywell UOP, Axens to double refining capacity
The Refinery Expansion and Upgrade Project (REUP) aims to double PRL's capacity from 50,000 to 100000 barrels per day and transition from hydro skimming to EURO V-compliant fuels
Deceptive Marketing’: CCP’s battle with Mezan Beverages’ Sting-lookalike Storm continues
ISLAMABAD: Mezan Beverages (Private) Limited, a prominent player in the beverages industry, has been entangled in a legal battle with the Competition...
After making record profits, what is Towellers planning on doing?Â
After making massive profits worth billions of rupees two years in a row, Towellers Limited has announced it will use its reserves...
Oil prices slip on US crude build and China demand worries
Oil prices edged lower on Thursday, extending losses from the previous session as signals of higher supply from the United States met...
Implementation of tobacco harm reduction strategies advocated in Pakistan
ISLAMABAD: Traditional tobacco control measures have reached a plateau, prompting the call for a shift towards more effective and globally accepted 'tobacco...
NEPRA delays decision on transferring above Rs 22bn burden to all power consumers
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday reserved its decision on shifting a burden exceeding Rs 22 billion to...