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Top News In Elahi Group Today - Breaking & Trending Today

Tech Talk: Local AI startup tries to automate journalism - Business - Vimarsana News

Tech Talk: Local AI startup tries to automate journalism - Business

The Karachi-based startup wants to reduce the entire process of writing into seconds.

Source: dawn.com
Women-led Pakistani telehealth startup bags $3M Series A funding - Vimarsana News

Women-led Pakistani telehealth startup bags $3M Series A funding

Sehat Kahani is now exploring predictive AI in telehealth.

Health startup raises $2.7m - Newspaper - Vimarsana News

Health startup raises $2.7m - Newspaper

KARACHI: Sehat Kahani, a woman-led health-tech startup, said on Thursday it has closed a Series A funding round of...

Source: dawn.com
Reverse mergers trend returns to Pakistan - Newspaper - Vimarsana News

Reverse mergers trend returns to Pakistan - Newspaper

LAHORE: The recent acquisition of the three bankrupt publicly listed textile companies by private investors with the confirmed intention of merging their unlisted businesses into them underlines the consolidation of the trend of ‘reverse mergers’ in the country’s stock market. The recent bourse filings by the companies show that majority stake in Ravi Textiles has been acquired jointly by the owners of Chaudhry Steel Re-Rolling Mill and BECO Steel Re-Rolling Mill for Rs30 million at a share price of Rs1.905 along with its management control. The acquisition will allow the new owners to...

Source: dawn.com
Rs459b sugar satta money pumped into edible industry: FIA - Vimarsana News

Rs459b sugar satta money pumped into edible industry: FIA

Top Story April 21, 2021 ISLAMABAD: Almost Rs459 billion allegedly accumulated through satta sugar trade have been diverted to the other industries owned by politically-connected industrialists, preliminary findings of the Federal Investigation Agency (FIA) reveal. Investigation teams have collectively detected Rs671.4 billion in 397 accounts of sugar satta forensic audit of which is being conducted by the Lahore FIA. "Billions coming from sugar satta accounts are going into cooking oil, rice and pulses manufacturing industries either owned by the same industrialists or their front companies...