IPOs: hunger for corporate paper

Global trends show that listing a family-owned conglomerate allows original sponsors to smoothly cede control to professional management. This institutionalisation protects solid businesses from failing. photo: file KARACHI: The record-breaking, Rs5.8 billion and five-second subscription of the Service Long March (SLM) Tyres’ 75% share in the IPO highlights the massive pent-up demand for quality corporate…

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India rout Pakistan at women’s T20 World Cup

LONDON: India made the perfect start to their women’s T20 World Cup campaign with a 64-run win against arch rivals Pakistan on Sunday. Harmanpreet Kaur’s side dominated from start to finish in their opening group game of the tournament at Edgbaston. After India elected to bat first, opener Smriti Mandhana was the catalyst for the…

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Parker leaves Burnley after relegation

LONDON: Scott Parker has left his position as head coach of Burnley by mutual consent following the club’s relegation from the Premier League, it was announced on Thursday. Burnley said in a statement that Parker and the board had “mutually agreed that his time at Turf Moor would conclude” following one season back in the…

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President Zardari, PM Shehbaz congratulate UK’s incoming PM Burnham, looks forward to close cooperation

President hopes UK, under Burnham will contribute towards ending hostilities in ME and restoring Islamabad MoU A collage showing President Asif Ali Zardari, the incoming UK Prime Minister Andy Burnham and Prime Minister Shehbaz Sharif —FILEPHOTO President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Monday congratulated newly appointed United Kingdom Prime Minister Andy…

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organ donation still a distant dream

PUBLISHED July 27, 2025 LAHORE/KARACHI/PESHAWAR: It is often said that the end of one thing is just the beginning of another. For one family bidding farewell to a deceased child and multiple others praying for the survival of an ailing loved one, organ donation can be the delicate thread tying together the distant trajectories of…

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Man Utd storm back against Ipswich

Bruno Fernandes turns away to celebrate after scoring his side’s fourth goal to complete his hat-trick against Ipswich. Photo: AFP MANCHESTER: Bruno Fernandes’s hat-trick inspired a Manchester United fightback from a goal down to thrash Ipswich 5-2 and get their Premier League season up and running on Sunday. After a nightmare 2-0 defeat to Hull…

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A tense calm

. A tense standstill has gripped Rawalpindi and Islamabad as the twin cities brace themselves for major protest demonstrations. Jamaat-e-Islami, farmers’ groups and PTI plan to demonstrate inside the capital, respectively demanding the removal of the petroleum development levy, agricultural relief, and the release of Imran Khan from jail. Labeling the moves as an attempt…

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