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Major telecom firms refuse to bid for additional spectrum
Islamabad: Only Ufone has submitted a bid for an additional spectrum auction to increase the speed of the internet due to the high price set by…
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HBL, UBL, MCB, other large banks return on equity declined
Ibn-e-Ameer Large Banks have witnessed a declining trend in return on equity (RoE) during the last decade, says Topline Securities in a research report. Topline Research…
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Samsung Galaxy S22 Release Date: Specs, Camera
Ibn-e-Ameer Samsung is a famous South Korean multinational company that manufactured electronics, like mobile, laptops, watches, and many advanced gadgets. Lee Byung-chill founded it in 1938. …
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Bank deposits increase 18% in August 2021
News Report Deposits with banks increased 18 percent in a year to Rs19.21 trillion in August 2021, up from Rs16.33 trillion in the same month the…
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Cap on tariff proposed for electric vehicle charging stations
Ibn-e-Ameer National Electric Power Regulatory Authority (Nepra) is likely to cap tariff at Rs 45 per unit for electric vehicle charging stations. The regulator proposed to…
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Foodpanda partners with Servaid to deliver medicines
Lahore: Foodpanda partners with Servaid to deliver medicines via pandago. Enhancing the e-commerce avenues, foodpanda, Pakistan’s leading delivery app, has partnered with Servaid Pharmacy to deliver…
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Govt refuses Circular Railway Grey Structure contract to FWO
Ibn-e-Ameer The government has refused to appoint the Frontier Works Organization (FWO) as a single-source contractor for the construction of the Grey Structure of Karachi Circular…
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Draft advertisement revised to appoint Member Ogra
Ibn-e-Ameer Islamabad: The government has approved the revised draft advertisement to appoint member Finance Oil and Gas Regulatory Authority (Ogra). It has also approved the nomination…
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EPCL to post EPS of PKR14.2 in CY21
News Desk BMA capital has estimated EPCL and Lotchem earning per share (EPS) to PKR 14.2 and PKR 2.6 respectively for CY21. Incorporating the latest financial…
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Car sales likely to decline 14% in August
Car sales of local assemblers are likely to register a slight decline of 14%MoM to 20,7000 units in August 2021 versus 24,2000 units in July 2021.…