The company plans to offer 142.2 million shares or 17.5 percent of Hyundai Motor India as part of the IPO, Bloomberg News reported, citing a draft prospectus filed by the firm. While the pricing is still unclear, local media reports have suggested that the company wants to raise $2.5-3.0 billion through the IPO. India’s biggest […]
We’ve heard rumors about dropping eight to nine players from the team but that’s not practical. Such changes are only possible if replacements are ready. Do we have anyone who can match Babar or Rizwan? These discussions require a strong bench Afridi remarked. The former skipper urged the Pakistan Cricket Board (PCB) to respect domestic […]
This major reshuffle affects the prosecution of cases including the attack on Askari Tower and other incidents from the day when former premier and PTI founder Imran Khan was arrested from the Islamabad High Court (IHC). The Ministry of Interior has notified new special prosecutors to handle these high-profile cases. The newly appointed special prosecutors […]
Malik Israr Ahmed a respected advocate of the High Court and former President of the Punjab Bar Council was targeted while within the courthouse premises According to the police, the accused Intizar Shah was an Elite Force personnel who entered the lawyer’s chamber and opened fire on the lawyer due to a family feud. The […]
Moody’s warned that a resurgence of social tensions on the back of the high cost of living (which may increase because of higher taxes and future adjustments to energy tariffs) could weigh on reform implementation Moody’s said the budget for FY25 outlines a quickening of fiscal consolidation to be achieved through increases in taxes and […]
In a letter to the Sindh chief secretary and secretary of energy, K-Electric has demanded payment of Rs1.7 bln withheld dues from the Sindh government. The letter has a list of 64 defaulter departments of the Sindh government. The government has been urged to clear the dues else the electricity supply will be disconnected. It […]
To make travel easier for people going abroad from Pakistan, Air Sial has announced it will expand its international flight services. This private airline has leased five new, modern aircraft to support this growth. Sources revealed that Air Sial has been in contact with several aviation companies to acquire these planes. Additionally, the airline plans […]
According to the PBS data, the yearly inflation in Pakistan reached 23.3 percent. The data showed an increase in the prices of 19 essential commodities during the past week. Prices of 8 essential commodities witnessed a drop, while prices of 24 commodities remained stable. During the week, out of 51 items, prices of 19 (37.26%) […]
Chairing a meeting on ease of doing business, the prime minister directed the relevant authorities to establish a one-window operation to simplify documentary procedures for businesses and traders. He also directed to seek assistance from Chinese experts to establish an experimental facility service center modeled after the Shenzhen One-Stop Shop. As regards ease of doing […]
At the same time, they demanded the government strictly enforce actions including the Track & Trace system, which is already in place but half-heartedly implemented nationwide. This has resulted in regulated sector sales being badly hit and provided an opportunity for illicit cigarette manufacturers and marketers to thrive. While presenting the federal budget in the […]
