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Monthly Archives: September 2015

Leading Marketplace Lender SoFi Secures $1 billion in Series E Funding led by SoftBank

Largest single round of financing in the fintech space to date will fuel SoFi’s expansion as the primary financial services partner for high achieving professionals SAN FRANCISCO and TOKYO, Sept. 30, 2015 / PRNewswire — SoFi, one of the nation’s leading marketplace lenders, and the SoftBank Group (“SoftBank”), today announce $1 billion in Series E […]

ٹائمز اسکوائر پر نصب اسکرین پر تشہیری فلم کے ذریعے ٹی سی ایل کی برانڈ تسلیم شدگی میں مزید اضافہ

شین چین، چین، 30 ستمبر 2015ء/ پی آرنیوزوائر– ستمبر میں نیو یارک شہر کے مشہور زمانہ ٹائمز اسکوائر پر آنے والوں نے ٹی سی ایل کے چیئرمین ٹامسن لی ڈونگ شینگ کو دیکھا جو اس وسیع و عریض چوک پر آویزاں ایک اسکرین پر نمودار ہوئے، اور ساخت گری کی صنعت میں ادارے کے 34 […]

Nexus 5X: LG and Google collaborate on most advanced Nexus Phone to date

Karachi, September 30, 2015 (PPI-OT): LG Electronics (LG) and Google today officially unveiled their third collaborative effort. Nexus 5X features Android 6.0 Marshmallow, Google’s newest operating system for mobile devices and delivers impressive performance, great imaging and enhanced security. It also delivers the best of Google and LG know-how in a single package. Powerful and …

JCR-VIS reaffirms Fund Stability rating of BMA Empress Cash Fund

Karachi, September 30, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating (FSR) of BMA Empress Cash Fund (BECF) at ‘AA+(f)’ (Double A Plus(f)). The previous rating action was announced on October 23, 2014. The rating takes into account variation in actual asset allocation versus previously applicable internal investment policy. As …

JCR-VIS withdraws Ratings/Ranking of Funds Managed by Faysal Asset Management Limited

Karachi, September 30, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has withdrawn the fund stability ratings of Faysal Money Market Fund (AA(f)), Faysal Savings Growth Fund (A(f)) and Faysal Income and Growth Fund (A(f)) along with mutual fund ranking of Faysal Asset Allocation Fund, with immediate effect, on account of non-renewal of rating contract. …

Board of Investment Thailand recognizes Punjab as potential destination for Thai investment

Lahore, September 30, 2015 (PPI-OT): Board of Investment and Thailand and Bolliger and Company (Thailand) planned a fact finding mission to Pakistan from 27th September to 2nd October. This mission was led by Mr. Audsitti Srolthong, Investment Promotion Officer for Board of Investment; Thailand along with 3 other colleagues to survey major cities of Pakistan …

Securities and Exchange Commission of Pakistan dismisses rumours regarding market activity

Islamabad, September 30, 2015 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has strongly dismissed and discounted reports in the print and electronic media that due to reference of certain cases to NAB, the stock market has experienced some fluctuations. In a statement issued today, the SECP clarified that NAB has been approached to …

Trade Development Authority of Pakistan will organise single country exhibition in Sri Lanka

Karachi, September 30, 2015 (PPI-OT):TDAP will organise Single Country Exhibition at Sri Lanka in January, 2016.During the recent visit of President of Pakistan to Sri Lanka it was decided that both countries will organise Single Country Exhibitions which will be supported by the relevant authorities. The High Commission of Pakistan at Sri Lanka is putting …