SECP Warns Public Against Trust Investment Bank Limited (TIBL) Please be informed that the SECP has cancelled the license of Trust Investment Bank Limited (TIBL) effective from November 1, 2018 due to its continuous violations of the NBFC Regulatory Framework. The Commission has also filed winding up petition in the Honorable Lahore High Court in January 2019. Pursuant to cancellation of license and filing of winding up petition, TIBL is not authorized to undertake any form of licensed business as a Non-Banking Finance Company under NBFC Regulatory Framework. All persons concerned and public at large are hereby warned to be cautious and not to engage in any business relationship with TIBL as an NBFC. Moreover, if anyone acting directly or on behalf of TIBL solicits for provision of any NBFC business activity; it is advised that the matter should be immediately brought into the Commission’s notice.

Pandamart records milestone with 50th store opening in just one year Pandamart, the country’s leading online groceries delivery platform has achieved a major milestone of establishing over 50 stores within just over a year since the first store was opened in Bahadurabad, Karachi in November 2020. The 50th store was…

Karot Power Company wins NEPRA CSR stalwart award Karot Power Company wins NEPRA CSR stalwart award Ambassador of China to Pakistan Nong Rong Wednesday expressed gratitude over the NEPRA’s CSR Stalwart Award to the Karot Power Company, the entity for Karot hydro power project under the umbrella of China Pakistan…

Fly Emirates to Dubai together and save 25% on fares with brand-new offer Emirates passengers returning to or visiting Dubai for the first time can enjoy this exclusive offer when booking together, for travel between now and April 30 2022 Emirates, The world’s largest international airline, has launched a new…

A Gaming Beast Like None Other — realme GT Master Edition The gaming beast realme GT Master Edition passed the AnTuTu test with a score of 541000 points, garnering 8.6 overall score — thanks to its Qualcomm® Snapdragon™ 778G 5G Processor For several months the country’s smartphone landscape particularly gaming…

Meta says its new AI supercomputer will be world’s fastest Facebook’s parent, Meta’s research teams built a new AI supercomputer that can work the fastest in the world Facebook parent Meta Platforms Inc said on Monday that its research team has built a new artificial intelligence supercomputer that it thinks…

Cricketer Muhammad Rizwan to Teach a Masterclass Course on ‘Abwaab’ Pakistan cricket team’s talismanic wicketkeeper batsman and one of the nation’s most loved cricketers, Muhammad Rizwan has just begun one of the most meaningful partnerships of his career in the field of education. After having a record-breaking 2021, being dubbed…

Mondelēz Pakistan appoints Sami Wahid new Managing Director Mondelēz Pakistan, one of Pakistan’s and global leading snacking companies, announces the appointment of Sami Wahid as the new Managing Director (MD) effective January, 2022. Wahid will be responsible for the overall business strategy and commercial offerings. As an expert in the…

Pakistani start-up wins first place across South Asia in maiden Stanford SEED Spark Program National Incubation Center (NIC) Lahore at LUMS nominated start-up Codeschool.pk has won top laurels and a cash prize in the capstone business pitch competition in the Stanford Seed Spark Program for high-achieving entrepreneurs across South Asia…