Business

This category covers all news related Business & Finance

VIS Reaffirms Entity Ratings of Sapphire Textile Mills Limited

Karachi, September 13, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Sapphire Textile Mills Limited (STML) at ‘A+/A-1’ (Single A Plus/A-One). Medium to long-term rating of ‘A+’ reflects good credit quality and ...

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Daraz South Asia E-Commerce Summit to Bring Together Top E-Commerce and Tech Leaders

Karachi, September 13, 2023 (PPI-OT): The South Asia E-commerce Summit, a dynamic platform for industry leaders, innovators, and entrepreneurs, is set to bring together visionaries from the e-commerce and technology sectors. This summit, with a special...

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Indian authorities’ mistreatment of Chinese delegation attending G20 Summit

New Delhi, September 13, 2023 (PPI-OT): A tense hours-long standoff unfolded at a hotel in Delhi last week, as security personnel accused the Chinese delegation, attending the G20 Summit, of having ‘suspicious equipment’.According to Kashmir Media Serv...

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VIS Assigns Initial Ratings to Bismillah Sehla Processing Plant (Private) Limited

Karachi, September 13, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘BBB+/A-2’ (Triple A Plus/A-Two) to Bismillah Sehla Processing Plant (Pvt.) Limited (BSPL). The medium to long-term rating of ‘BBB+’ si...

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VIS Upgrades Broker Fiduciary Rating of Foundation Securities (Private) Limited

Karachi, September 13, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has upgraded Broker Fiduciary Rating of Foundation Securities (Private) Limited (FSL) from ‘BFR3+’ to ‘BFR3++’. Outlook on the assigned rating is being revised from ‘Rating Watc...

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