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Indus Motor posts 35% surge in earnings

Indus Motor posts 35% surge in earnings
Profit rises on back of increase in sales volume, currency appreciation
Pakistan is seeing a massive growth in car sales, which amounted to 184,099 units in the 10 months of the ongoing fiscal year with Indus Motor’s share being 52,987. PHOTO: IMC
KARACHI:
Indus Motor Company reported a 34.9% increase in profit that reached Rs3.6 billion in the quarter ended March 31, 2021.
According to a notice sent to the Pakistan Stock Exchange (PSX) on Thursday, the company had registered a profit of Rs2.7 billion in the corresponding quarter of previous year. Accordingly, earnings per share of the company came in at Rs45.98 in Jan-Mar 2021 compared to Rs34.09 in the same quarter of last year. ....

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Sri Lankan Cabinet approves proposed ban on burqas in public

Sri Lankan Cabinet approves proposed ban on burqas in public
BHARATHA MALLAWARACHI, Associated Press
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FILE- In this March 13, 2021 file photo, a burqa clad Sri Lankan Muslim woman walks in a street of Colombo, Sri Lanka. Sri Lanka government on Tuesday approved a proposal to ban wearing of face-veils including burqa at public places, citing national security.Eranga Jayawardena/AP
COLOMBO, Sri Lanka (AP) Sri Lanka s Cabinet on Tuesday approved a proposed ban on wearing full-face veils including Muslim burqas in public, citing national security grounds, despite a U.N. expert s comment that it would violate international law.
The Cabinet approved the proposal by Public Security Minister Sarath Weerasekera at its weekly meeting, Weerasekara said on his Facebook page. ....

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India's crematoriums overwhelmed as virus 'swallows people'

India s crematoriums overwhelmed as virus swallows people
SHEIKH SAALIQ and AIJAZ HUSSAIN, Associated Press
April 25, 2021
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1of12Multiple funeral pyres of victims of COVID-19 burn at a ground that has been converted into a crematorium for mass cremation in New Delhi, India, Saturday, April 24, 2021. Indian authorities are scrambling to get medical oxygen to hospitals where COVID-19 patients are suffocating from low supplies. The effort Saturday comes as the country with the world’s worst coronavirus surge set a new global daily record of infections for the third straight day. The 346,786 infections over the past day brought India’s total past 16 million.Altaf Qadri/APShow MoreShow Less ....

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Aurobindo Pharma Ltd stays in winning mode

Read more about Aurobindo Pharma Ltd stays in winning mode on Business Standard. Aurobindo Pharma Ltd is quoting at Rs 987.9, up 0.06% on the day as on 12:49 IST on the NSE. The stock is up 57.05% in last one year as compared to a 53.8% jump in NIFTY and a 43.83% jump in the Nifty Pharma. ....

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Indus App Bazaar April monthly collection brings 'Stay At Home' apps

Indus App Bazaar April monthly collection brings ‘Stay At Home’ apps
Indus App Bazaar April monthly collection brings ‘Stay At Home’ apps
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Indus App Bazaar has come out with a new collection of apps to help users stay informed and entertained at home. Themed around ‘Stay at Home’, the new pool of content includes apps across various categories like apps providing verified Covid-19 information, shopping entertainment, education, delivery, games, news, fitness, and payment.

This is an attempt by Indus App Bazaar to keep consumers informed, entertained, and safe at home during the on-going pandemic. There are 80 applications in the Stay At Home April collection that users would be able to access in 12 Indian languages along with English. ....

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