To honor the life of their father, David Lynch, who died last week at the age of 78, Jennifer, Austin, Riley and Lola Lynch will host a “global group reflection” on Monday, which would have been the visionary director’s 79th birthday. “David Lynch, our beloved father, was a guiding light of creativity, love and peace. … Read more
Amer Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank, has joined the Group Executive Committee (GEC) of VEON in addition to his existing responsibilities of heading all VEON businesses in Pakistan. His appointment to GEC strengthens VEON’s strategic alignment with its markets. VEON, the largest Nasdaq-listed company headquartered in Dubai, is a global … Read more
Chinese company ADM Group has announced a $350 million investment in Pakistan’s electric vehicle sector, with support from the Special Investment Facilitation Council (SIFC), according to Radio Pakistan. The initiative aims to develop the ecosystem for electric vehicles, reduce carbon emissions, and reduce dependence on traditional fuel. As part of this investment, 3,000 charging stations … Read more
YB Pakistan, a subsidiary of YB Group, has completed the acquisition of Interloop Asset Management Limited. The company is set to be rebranded as Lucky Investment Management Limited (LIML), marking its debut as Pakistan’s first Islamic Asset Management Company (AMC) led by a major group. This move signals YB Group’s strategic entry into the Islamic … Read more
KARACHI: PTCL Group, Pakistan’s leading telecom services provider, has taken a step forward towards road safety by signing a Memorandum of Understanding (MoU) with Atlas Honda Ltd. This collaboration underscores PTCL’s commitment to promoting safe commuting practices for motorcyclists and is in line with the Group’s ongoing Health, Safety and Environment (HSE) initiatives, a press … Read more
NEW YORK: Gautam Adani, the billionaire chairman of India’s Adani Group and one of the world’s richest people, has been indicted in New York for his role in an alleged multi-billion-dollar bribery and fraud scheme, US prosecutors said on Wednesday. Authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay … Read more
KARACHI: PTCL Group, Pakistan’s largest ICT services provider, was honored with the ‘Best Business Strategy and Expansion’ award at the Leadership and Excellence in Digital Development (LEAD) Awards by Samina Telecom Council, a press release said. The prestigious award was presented to Hatem Bamatraf, President and CEO of PTCL and Ufone 4G Group, in recognition … Read more
Tata Group Chairman Emeritus Ratan Tata attends a panel discussion during the annual general meeting of the Indian Merchants Chamber (IMC) in Mumbai, India, June 18, 2015. — Reuters Tata has propelled the Indian conglomerate onto the global stage. Tycoon in intensive care at Mumbai hospital. Ratan Tata never married, known for his calm attitude. … Read more