Web Desk
Karachi, May 12, 2022 (PPI-OT): BAFL: Favourable asset placement to reap benefits earlier BAFL’s high ADR and 85% of PIB Investments parked in Floater PIBs bode well in the cycle of monetary tightening, where the recent sharp increase of 525 bp in PR in the span of seven months takes our base case ROE to…
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Karachi, May 12, 2022 (PPI-OT): KSE-100: Plummeted by 641pts The index opened with a positive bias and underwent a bearish session. The local bourse posted an intraday high of 145pts, a low of 1,110pts and concluded with a loss of 641pts to settle at 42,863pts level. The index remained under pressure for the whole trading…
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Islamabad, May 12, 2022 (PPI-OT):The Consulate General of Pakistan in Vancouver and the US-Pakistan International Chamber of Commerce (USPICC) have agreed to join hands to boost Pakistani exports to Canada. It has also been decided to bring trade organisations of the two countries closer, support networking, arrange business to business meetings, hold exhibitions and festivals…
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Lahore, May 12, 2022 (PPI-OT):The Ratings reflect the sound business profile of Sitara Petroleum Service (Pvt) Ltd. (‘Sitara Petroleum’ or ‘the Company’) in line with current dynamics of petroleum industry. Sponsors of the Company are in the business for over three decades, reflecting their business acumen. The Company has exhibited improvement in margins on the…
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Karachi, May 12, 2022 (PPI-OT):VIS Credit Rating Company Ltd. (VIS) has maintained the Broker Management Rating of BIPL Securities Limited (BIPLS) at ‘BMR2+’ with a revision in outlook from Stable to ‘Rating Watch Developing’. Previous rating action was announced on March 2, 2021. The rating signifies strong HR and infrastructure, sound regulatory framework and supervision,…
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Lahore, May 12, 2022 (PPI-OT):Infinix’s new gaming smartphone series – Game on HOT 12 with MediaTek Helio G85 goes on sale nationwide. Powered by MediaTek Helio G85 and supporting an immersive 90Hz refresh rate display, Infinix HOT 12 is priced at Rs 26,999 both at online and offline stores. This super-fast and efficient gaming smartphone…
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Web Desk
BRIDGEWATER, N.J., May 11, 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a global leader and innovator in cloud, messaging and digital products and platforms, today announced the successful completion of the sale of its Digital Experience Platform (“DXP”) and Activation Solutions (“Activation”) to iQmetrix, a leading provider of telecom […]
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