TECNO Pakistan appoints Burque Corporation as its Official Distribution Partner

Karachi, May 25, 2021 (PPI-OT): TECNO Mobile Pakistan has joined hands with Burque Corporation as their official distribution partner in Pakistan. This new collaboration is being made to increase the distribution services in Pakistan to reach every customer on time bringing ease to loyal customers nationwide.
Burque is one of Pakistan’s Largest Sales Management and Distribution Companies of FMCG Brands. Burque enteRead More…

The Performance King, Realme 7i with 64 MP AI Quad Camera is now available for only PKR 33,999

Islamabad, May 25, 2021 (PPI-OT): The young and trendsetting smartphone brand, Realme has once again brought forward an eye-catchy deal for its young customers. Realme has dropped the price for its Performance King Phone, Realme 7i from PKR 39,999 to only PKR 33,999. With an impressive 64MP AI Quad camera, Realme 7i came as one of the best camera phones in this price segment.
Realme 7i came as the successor for RealmRead More…

VIS Maintains Entity Ratings of Indus Home Limited

Karachi, May 25, 2021 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained entity ratings of Indus Home Limited (IHL) at ‘A-/A-2’ (Single A Minus/A-Two). Outlook on the rating has been revised from ‘Rating Watch- Developing’ to ‘Positive’. Long term entity rating of ‘A-’ reflects good credit quality, adequate protection factors. Risk factors may vary with possible changes in the economy. SRead More…

VIS Maintains Entity Ratings of Foundation Securities (Private) Limited

Karachi, May 25, 2021 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has maintained the entity ratings of Foundation Securities (Private) Limited (FSL) at ‘A-/A-2’ (Single A Minus/A-Two) with ‘Stable’ outlook. The previous rating action was announced on April 22, 2020.
After witnessing a dismal performance in FY18 and FY19, the equity market remained fascinating during the year FY20. Positive investor sentimeRead More…

NTDC initiates land acquisition process for construction of 765 / 220 kV grid station at Mansehra

Lahore, May 25, 2021 (PPI-OT): National Transmission and Despatch Company Limited (NTDC) has initiated land acquisition process for the construction of 765/220 kV grid station at Mansehra. In this regard, Dasu Transmission Line Project (DTLP) NTDC team along with Surveyor and local Revenue officials visited the site of the Grid Station for demarcation of Land on revenue record.
The spokesman of NTDC said that coordinRead More…

AA credit rating of UIC maintained

Lahore, May 25, 2021 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the IFS rating (AA) of the United Insurance Company (UIC). The UIC has shown stability and sustainability from the past couple of years it has a balanced portfolio representing all the segments of the insurance industry, it can withstand shocks and discharge obligations, the credit rating agency has observed.
The coronavirus has dRead More…

Tuesday of May is the foundation day of Pak-China diplomatic relations that needs to be celebrated throughout the month of May every year: President PCJCCI

Lahore, May 25, 2021 (PPI-OT): Mr. S.M Naveed, President Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has said that Tuesday of May is the foundation day of Pak-China diplomatic relations that needs to be celebrated throughout the month of May every year. It was stated by him at a celebration meeting held at PCJCCI premises today for paying tributes to the people and government of China to acknowledge theRead More…

Board of directors meeting of Allawasaya Textile and Finishing Mills Limited

Karachi, Allawasaya Textile and Finishing Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on May 24, 2021 at Karachi. The agenda of the meeting will to appoint the chairperson and Chief Executive Officer of the Company.
Allawasaya Textile and Finishing Mills Limited is a company incorporated in Pakistan on March 31, 1958 as a Public Limited Company. The foundRead More…

Board Meeting other than Financial Result of Ravi Textile Mills Limited

Karachi, Ravi Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on May 27, 2021 at Lahore to consider the approve Annual Budget for the Year 2019-2020.
Further, the company has declared the closed period from May 25, 2021 to May 27, 2021.
Ravi Textile Mills limited is a manufacturer and exporter of yarn, fabrics and made-ups operating in Pakistan. Its rRead More…

Board Meeting other than Financial Result of BIPL Securities Limited

Karachi, BIPL Securities Limited informed Pakistan Stock Exchange that board of directors meeting of the company held on May 25, 2021 at Karachi to approve the agenda other than financial results.
Further, the company has declared the closed period from April 01, 2021 to April 01, 2021.
BIPL Securities Limited was incorporated in Pakistan on October 24, 2000 under the Companies Ordinance, 1984. The company is a subsiRead More…