Business

LAHORE: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its rating of Mughal Iron and Steel Industries Limited, a significant player in the steel industry, as the company continues to navigate industry-wide challenges. Mughal faces su...

Karachi: The State Bank of Pakistan has released updated weighted average customer exchange rates, revealing subtle fluctuations in currency values. The rates, effective April 10, 2025, showcase minor adjustments across several major currencies, inclu...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Foundation Securities (Pvt) Limited at 'A/A2', with a stable outlook. The long-term rating of 'A' indicates good credit quality and adequate protection factors, though ris...

Karachi: VIS has announced the commencement of a review process for Tech Sirat (Private) Limited. This action marks the start of a comprehensive evaluation by the credit rating company. The announcement, made on April 9, 2025, indicates that the rev...

Karachi: VIS Credit Rating Company Limited has commenced a review of the ratings assigned to Suraj Cotton Mills Limited. This process indicates that a comprehensive evaluation is underway, and a rating action will be announced once the company submits...

Karachi: VIS Credit Rating Company Limited has begun a review of Universal Leather (Private) Limited, according to a recent announcement. The process, termed as "Review Initiated," signifies that the company is undergoing a comprehensive rating evalua...

Karachi: VIS Credit Rating Company Limited has commenced a review of Master Textile Mills Limited, the company announced. The review process signifies that VIS is undertaking a thorough examination of Master Textile Mills’ performance and financials, ...