Category Archives: Finance

Finance covers latest profit and loss of Tech companies and also their standing stocks and shares


Apple, Google are avoiding huge tax

EU leaders recently gathered to debate on tax policy and highlighted their concerns over how various top international firms have encountered tax policy on their huge sale managed to pay…


Qatar Telecom eyes on majority stake in Maroc Telecom SA

Qatar Telecom has reportedly increased $12 billion support its bid to gain a majority stake in Maroc Telecom SA as it is keen to expand through procurements, its CEO mentioned….


Russian iPhone users can now use social banking

Russian iPhone users can now use social banking – a whole new chapter in the country – thanks largely to an application released by Instabank, a Moscow-based firm. The iPhone…


Apple’s Tablets Selling Well But Market Share Slips

Apple continues to be the leading player when it comes to sales of tablet but it’s market share in first quarter 2013 has slipped to about 40 percent from a…

ptcl student

PTCL posted a profit of 3.3 billion ,up by 37.5 percent in Q1 2013

Pakistan Telecommunication Company (PTCL) has shown a positive growth in it’s profits derived from the higher call rates attributed to international clearing house regime. The ICH defines that all the…


BAIC to use Mercedes platforms to build new Chinese cars

BAIC Motor,Chinese state owned automaker could in the future make cars off vehicle architectures that are used to build Mercedes-Benz luxury cars,revealed by its German partner Daimler. Daimler’s Mercedes brand…


McLaren to beat Porsche with next model P13 in price and performance

McLaren, third road car codenamed P13, will be designed to compete rival Porsche 911 Turbo so far its performance,price and driving thrills are concerned. P13 is expected to sell in…


IHC directed cellular companies to stop prize schemes

Islamabad High Court (IHC) has ordered the telecom companies to stop all type of prize schemes. It pertinent to mention that PTA had already directed all the telecom service providers…


PTA to continue charging additional tax on incoming calls

The Supreme Court of Pakistan on Thursday suspended the interim order passed by the Lahore High Court(LHC) in which restrained the Pakistan Telecommunication Authority (PTA) to charge additional tax on…


Pakistan’s 3G consultants have initiated a legal action against PTA

Pakistan’s 3G technology seems a great dream with never-ending journey.The 3G technology has yet taken another step backwards after consultants hired by the Pakistan Telecommunications Authority (PTA) for the future…