Business

This category covers all news related Business & Finance

VIS Assigns Initial Entity Ratings to Ranipur Sugar Mills Limited.

Karachi: VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings to Ranipur Sugar Mills Limited (RSML or the Company) of 'A-/A2' (Single A minus/A Two). A medium to long-term rating of 'A-' indicates good credit quality, with adequ...

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Tetra Laval Pledges €350,000 to Support Flood Relief Efforts in Valencia, Spain.

Switzerland: Tetra Laval, the conglomerate comprising Tetra Pak, Sidel, and DeLaval, has announced its commitment to aid those impacted by the recent floods in Spain's Valencia region. In a display of solidarity, the group has expressed its sympathy f...

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Atif Ikram Sheikh Elected Vice President of 27-Country Trade Alliance.

Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has been elected as the Vice President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) for the 2024-2026 ...

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KATI Urges Permanent Implementation of Winter Relief Package for Industries.

KARACHI: Korangi Association of Trade and Industry (KATI) President Junaid Naqi has lauded the Prime Minister's announcement of a winter relief package for industries, urging that it be made a permanent initiative and that PKR 33 billion in pending in...

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Exchange Rates Fluctuate as USD and GBP Strengthen Against PKR.

Karachi: In recent currency exchange transactions, the US dollar and British pound have shown a strengthening trend against the Pakistani Rupee (PKR). USD buying and selling rates have increased slightly from 276.83 and 278.74 on November 8, 2024, to ...

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Bank Alfalah Unveils New AlfaMall with Fashion Category and Buy Now, Pay Later (BNPL).

Karachi: Bank Alfalah, one of Pakistan's leading commercial banks, proudly announced the relaunch of AlfaMall, the bank's premier e-commerce platform and the country's largest formal Buy Now, Pay Later (BNPL) marketplace, now featuring an exclusive BN...

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Zong Achieves 7 Billion Monthly Recharge Milestone Through Alternate Channels.

Karachi: Zong proudly celebrates a significant milestone in its journey of digital innovation as the company achieves a remarkable 7 billion recharge from its Alternate Channels. This achievement is a testament to the continued dedication, strategic v...

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