Business
Oracle announces fiscal 2021 first quarter financial results
GAAP EPS up 16 percent year-over-year to $0.72, non-GAAP EPS up 15 percent to $0.93 Fusion ERP cloud revenue up 33 percent, NetSuite ERP cloud revenue up 23 percent Karachi, September 11, 2020: Oracle Corporation (NYSE: ORCL) today announced fiscal 2021 Q1 results. Total quarterly revenues were up 2 percent year-over-year in USD and in…
Engro Fertilizers and MCB Bank introduce first Electronic Bank Guarantee solution in Pakistan
Karachi, September 08, 2020: Engro Fertilizers Ltd and MCB Bank Ltd have partnered to accelerate digitization of financial products and developed Pakistan’s first-ever solution to electronically manage bank guarantees. With businesses adopting virtual operations and enforcing minimal physical interaction in the wake of COVID-19, Engro Fertilizers Ltd engaged MCB Bank Ltd, one of the leading…
SITE demands to defer income tax notices for 6 months
Karachi, September 08, 2020: Suleman Chawla, President of SITE Association of Industry, has expressed grave concerns over sending of Income Tax notices to industries by the FBR and has requested FBR Chief Muhammad Javed Ghani to defer these notices for at least six months in the wake of current economic situation of the country so…
Emirates returns AED 5 bln (US$ 1.4 billion) to customers in refunds
Karachi, September 08, 2020: Emirates reveals that it has returned over AED 5 billion (US$ 1.4 billion) in COVID-19 related travel refunds to date, making strong and steady progress on its commitment to customers to complete pending refunds. More than 1.4 million refunds requests have been completed since March, representing 90% of the airline’s backlog….
Digital and data comes to fore during Covid-19
Karachi, September 07, 2020: Strong and clear leadership are key to the transformative success of digital in the workplace, says ACCA in a report that reveals the challenges and opportunities faced by organisations during the pandemic. Data and digital transformations have increased exponentially in the workplace over the Covid-19 pandemic, with the role of and…