Business
Bank Alfalah and State Life join hands
KARACHI, March 16, 2021: Bank Alfalah and State Life Insurance Corporation of Pakistan have recently signed an agreement with an aim to maximize customer facilitation and extend Bank Alfalah’s portfolio of services. Under this agreement, Bank Alfalah is opening its banking network of over 700 branches across Pakistan for cash management of premium and loan…
Govt urged tap illicit cigarette trade
Karachi, March 12, 2021: The Stop Legal Trade (SIT), an advisory forum for the prevention of illicit trade in the country, has urged the FBR and relevant government agencies to accelerate the efforts of curbing illicit trade so that the financial capacity of the government can be enhanced. In a statement, the SIT spokesperson lauded…
SCB launches Futuremakers agri-entrepreneur programme
Karachi March 11 2021: Standard Chartered Bank (SCB) is launching an agri-entrepreneur programme in Pakistan to support young people recover from the economic impact of the COVID-19 pandemic. The programme is part of Futuremakers by Standard Chartered, the Bank’s global initiative to tackle inequality by promoting economic inclusion for young people, including those affected by COVID-19….
Oracle Announces Fiscal 2021 Third Quarter Financial Result
Karachi, March 11, 2021: Oracle Corporation (NYSE: ORCL) has announced fiscal 2021 Q3 results. Total quarterly revenues were up 3 percent year-over-year to $10.1 billion. Cloud services and license support revenues were up 5 percent to $7.3 billion. Cloud license and on-premise license revenues were up 4 percent to $1.3 billion. Q3 GAAP operating income…
KSE 100 close decreased on 1.20pc
Karachi, March 10, 2021: Pakistan equities continued its downward trend for the third day of the week owing to political uncertainty, economic headwinds and margin calls. After a slightly positive opening benchmark KSE100 Index juggled between intraday high of 201 points and low of 602 points. It closed the session at 43,691 level (down 1.20…