Business

This category covers all news related Business & Finance

VIS Reaffirms Entity Ratings of Bhanero Textile Mills Limited

Karachi, September 26, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Bhanero Textile Mills Limited (BHAT) at ‘A+/A-1’ (Single A Plus/A-One). Medium to long-term rating of ‘A+’ signifies good credit quality and ...

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inDrive Accelerates Growth, expanding to Five New Cities in Pakistan

Karachi, September 26, 2023 (PPI-OT): In a move set to redefine the transportation landscape, inDrive, Pakistan’s leading ride-hailing service, is thrilled to announce its expansion into five new cities, including Larkana, Kamoke, Sheikhupura, Hafizaba...

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Daraz and Meezan Bank Partner to Drive Electric Bike Adoption in Pakistan

Karachi, September 25, 2023 (PPI-OT): Meezan Bank and Daraz, have signed a Memorandum of Understanding (MoU) to support and encourage the use of electric bikes in Pakistan. Through this partnership, Meezan Bank will provide Shariah-compliant financing ...

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VIS Assigns Initial Broker Fiduciary Rating to Sherman Securities (Private) Limited

Karachi, September 25, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has assigned initial Broker Fiduciary Rating of ‘BFR3+’ to Sherman Securities (Private) Limited (SSPL). The assigned rating denotes good fiduciary standards. Outlook on the assi...

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