Business

This category covers all news related Business & Finance

PACRA Assigns Initial Entity Ratings to Nisar Spinning Mills (Private) Limited

Lahore, July 17, 2023 (PPI-OT): The Nisar Spinning Mills (Pvt) Limited (“the Company” or “NSMPL”) ratings emanate from the strapping profile of the sponsoring group-ATS. The ATS group operates and has an appreciable presence in multiple diversified ind...

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PACRA maintains the rating of TPL Corp Limited | PP Sukuk | Jun-22 | RW

Lahore, July 17, 2023 (PPI-OT): The ratings encapsulate the strength of the security structure of Privately Placed Islamic Certificates (Sukuk). Sukuk has a multi-layered protection mechanism that provides intrinsic mitigation against unforeseen risks....

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FESCO Accelerates Electrical Development in Remote Areas to Ensure Uninterrupted Power Supply

Faisalabad, July 17, 2023 (PPI-OT): Chairman Faisalabad Electric Supply Company FESCO/WAPDA Malik Tahsin Awan has said that on the special directives of the Prime Minister of Pakistan, the speed of electrical development work is being accelerated in th...

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