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Pakistan Telecommunication Company Limited (PTCL) Net Profit of financial year 2009/10 reaches to 9.29 billion rupee ($108.5 million) which mean the PTCL per share is now Rs. 1.82 and there is slightly increase in the profit of PTCL if we compare it to the last year profit which was 9.15 billion in last financial year. [...]
Today the news is circulating in the media that the Federal Board of Revenue (FBR) is thinking about to impose a five percent surcharge on the some selected goods to handled the damages of the country’s worst ever flood which damaged the country in a really bad way and affected more than 20 million people, [...]
There is millions of Liquefied Petroleum Gas (LPG) consumer across the country and the worries continue for them because this is the third time the price of LPG hiked by the authorities in last 10 days. This time the prices of LPG have been increased by Rs. 5 per kilogram according to the reports. According [...]
Pakistan Railways today announced that they will stop the services of Pakistan Railways around 102 trains by Thursday. Pakistan Railways facing too many problems and bearing the heavy losses in the recent years and because of these losses earlier Pakistan Railways suspended the operation of 28 trains. According to Ashfaq Khattak, General Manager of Pakistan [...]
As Ramadan is starting from at the end of this week and people are going worried about the high prices of daily life commodities, as it is normal practice in Pakistan that the prices of daily usage commodities goes up before Ramadan. But thanks to Punjab Government who announced Rs.4.5 billion subsidy for flour mills [...]
International oil-drilling company British Petroleum (BP), who was working in a District Badin (Sind), has finally decided to close its all operation in Pakistan and will sale out its shares soon because of some financial crisis. Regarding sale of their assets in Pakistan, BP is in touch with a UAE based company and already met [...]
Now Convert into Royal Bank of Scotland who came to Pakistan not more than 2 years ago when they acquired the ABN Amero Bank of Pakistan. After their first year of business in Pakistan they decided to offer their share in a market for sale and these rumors were already in the market that RBS [...]
Pakistan Steel Mills (PSM) former Chairman Moeen Aftab and ten other people were convicted in the case of Canteen corruption. The case is under hearing of Judge Shaukat Memon in Federal Anti-Corruption Court. Sources more said that the accused including Moeen Aftab, Brig. (rtd) Abdul Qayyum, Ateeq Ahmed appealed against the decision of the court. [...]
Prime Minster of Pakistan Syed Yousuf Raza Gilani approved a special bailout package of Rs 25 billion for the Pakistan Steal Mill (PSM) in a special meeting in a PM house on Friday evening. The purpose of meeting to review the different option to overcome the crisis of Pakistan Steal Mill. Earlier bailout packages were [...]
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