Business
IPAK Raises PKR 1.77 billion in Book Building Process
The book-building process of International Packaging Films Limited’s (IPAK) Initial Public Offer (IPO) has concluded with an oversubscription of 1.73 times, the company said...
PSO in Talks with Government for Stakes in Public Sector Energy Firms to Offset Debts
Pakistan State Oil (PSO), the country's leading oil marketer, reveals ongoing discussions with the government regarding a strategic plan to acquire stakes in public...
Govt Borrows Rs 6 Trillion in 10 Months, Breaks Previous Record
According to official data from the State Bank of Pakistan (SBP), the federal government has accumulated a staggering Rs. 6 trillion in bank borrowings,...
Competition Commission of Pakistan Initiates Phase 2 Review of PTCL’s Acquisition of Telenor Pakistan
The Competition Commission of Pakistan (CCP) has successfully concluded Phase 1 of its review of Pakistan Telecommunication Company Limited (PTCL)'s acquisition of Telenor Pakistan....
Engro to explore global markets, broaden investment horizon to fuel future growth
Engro, the country’s leading conglomerate, has its eyes set on future growth by exploring global markets and possible deals in Pakistan outside its conventional...