The Audi Pakistan controversy: How not to deal with a disgruntled customer 

Premier Systems, the official importer of Audi AG in Pakistan, dealt with a loud and disgruntled customer by suing him for criminal defamation. Now, the customer has responded in kind. Here is what happened:

Treet Corp’s arithmetic mistake causes stock market frenzy

The mistake was admitted within 24 hours, however, the damage seems to have been done

Sapphire to merge two of its listed textile companies

The textile giant is making the move at a time of considerable stress within its industry

Saudi-Pak defence pact marks shift as Israeli threat and economic concerns converge

Pakistan has deep economic interests in the security of the Gulf region, which is facing a very real threat. Both Saudi Arabia and Pakistan must take this new agreement seriously.

The floods are already driving up the cost of living

As floodwaters wreak havoc on Pakistan’s agriculture, prices for essential goods soar. With crops destroyed and the full extent of the damage yet to be seen, the economic fallout could worsen

Hundreds dead; millions hungry: KP’s food is buried under boulders and Punjab won’t share

KP and Punjab experienced flooding around the same time but for different reasons. As a food security crisis looms, now is not the time for provincial division

Two big problems plague PSO. One is being fixed. The other not so much

The oil marketing company can unlock its true potential by using its resources wisely, but the management needs to step up

Fintech pioneer Haball secures PSO/PSP approval to reshape B2B payments in Pakistan

Together with PISP license, Haball to take end to end control of supply chain payments experience

Habib Rice shuts down UAE business over visa constraints

Pakistani rice exporters are pulling out of the Gulf amid tightening travel restrictions that seem to have no end in sight

Audit reveals Jazz overcharged subscribers by Rs6.58 billion in FY24

PTA accused of weak oversight as comparative analysis shows that Jazz charged higher-than-approved rates across multiple bundles

Backed by Yango, Pakistan’s Trukkr raises close to $10mn to fuel freight tech growth

Trukkr has kept its head down and stayed away from media attention. Based on an exclusive interview, we look at how the freight tech startup has grown and where their future is

SECP files criminal case against company secretary and relatives for insider trading

Pak Suzuki's CFO and his relatives made illegal profits through the use of non-public information, amounting to Rs. 338 million

There’s a Rs 1.6 trillion shaped hole in the power sector. The race to plug it could be futile

The government is likely to disburse Rs1.275 trillion in the coming week to settle the outstanding dues

As the war continues at TRG, it seems the victor will rule over ashes

In the battle of the giants, the biggest losers are the investors in the company

Electricity generation finally stabilizing after two years of declines

Government policy may finally be encouraging more use of grid electricity by industrial users