Saturday, December 5, 2020

Indus Motors

INDU earnings to drop by 17% YoY

Indus Motor Company Limited (INDU) is scheduled to announce its financial result for 9MFY19 on 26th Apr’19, analysts expect profitability during the 9MFY19 to decrease by 10% YoY to PKR 10,478mn (EPS: PKR 133.31) against PKR 11,636mn (EPS: PKR...

Taking advantage of rupee devaluation, local auto assemblers have jacked up the prices of cars

There have been five price hike rounds in the last six months, wherein local assemblers have increased prices of various models in the range of Rs100,000 to Rs500,000. Pak Suzuki raised prices of its various brands in range of Rs10,000...
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Latest News

Kamala Harris: “Our administration will continue to put working people front and center.”

Kamala Harris, US Vice President-elect Joe Biden, promised to return attention to the American worker and put his requirements...
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Russian Ambassador: We still have time to extend the START treaty with America

Russian Ambassador to Washington Anatoly Antonov announced that there is still enough time to extend the new "START" treaty on reducing the nuclear arsenal...

Christmas in Italy: Movement between regions banned amid high COVID toll

Italy announced a ban on movement between local areas during the Christmas holidays; In order to contain the spread of the Coronavirus (Covid-19), the...

NATO: Early withdrawal could expose Afghanistan to terrorism

NATO said that an early withdrawal from Afghanistan could leave the country a haven for international terrorism. The Secretary-General of NATO, Jens Stoltenberg, announced that...

Trump’s European allies resisted sanctions on Iranian banks

A diplomatic correspondence showed that Germany, France, and Britain urged the administration of US President Donald Trump in late October to reconsider imposing new...