Tuesday February 09, 2010 
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 IT & Computers[1-0 of 0 stories]  
 Pakistan   |   World  

NetSol revenues increased 105 percent in second quarter
LAHORE (February 05, 2010): The revenues of the NetSol Technologies Ltd increased by 105 percent during the 2nd quarter of the financial year 2009-10 as compared with the corresponding period. According to a press statement issued by the NetSol Technologies on the financial results for 2nd quarter of 2009-10, the gross profit of the company has been increased by 67 percent to Rs 280.97 million as compared to 36 percent increase to Rs 73.17 million during the corresponding period of the last year.



Wateen brings more thrills on WOG
KARACHI (February 03, 2010): Wateen brings more thrills on the Wateen Online Gaming (WOG) portal by introducing 6 new exciting multiplayer online games in partnership with Arvato Middle East, under their brand name Getmo. To electrify online gaming adventures Dark Orbit; Sea Fight; XBlaster; Soccer Manager; Mafia 1930; Damoria have been added to the list.



Punjab government, Microsoft sign accord
LAHORE (January 30, 2010): A strategic partnership agreement was signed between the Punjab government and a leading computer software company Microsoft here on Friday, under which Microsoft would extend all-out co-operation for the development of local IT industry. The company will also set up an innovation centre at Software Technology Park, disclosed an official. Additional Chief Secretary Punjab Javed Aslam and the head of Microsoft Company in Pakistan Kamal Ahmad signed the document.



Windows 7, Internet Explorer 8: Microsoft holds exclusive briefing
KARACHI (January 27, 2010): Microsoft Pakistan held an exclusive briefing on Windows 7 and Internet Explorer 8 (IE8) for the blogger community in Pakistan at an event held at the Microsoft Innovation Centre (MIC) in Karachi.



IT Xpress, ASUS come to Pakistan
KARACHI (January 24, 2010): "We have confidence in Pakistan, in the country and the people" expresses Swinder Kaur, M.D., IT Xpress while speaking at the launch ceremony of I.T. Express, along with that of ASUS, in Pakistan. She further added "Pakistan - a developing economy, has every potential to turn into a major economic player with its people making wonders, world-wide".



Intel unveils advanced technology family processors
KARACHI (January 22, 2010): Intel Pakistan Corporation Thursday introduced its all-new 2010 Intel(r) CoreTM family processors, in Pakistan. This was announced by Country Manager Intel Pakistan Corporation Ashar H. Zaidi at a press conference, held at a local hotel here. The new 2010 Intel Core processors are manufactured on the company's 32nm process, which includes Intel's second-generation high-k metal gate transistors.



Oracle announces launch of FLEXCUBE Universal Banking
KARACHI (January 22, 2010): Oracle Financial Services Software has announced a new release of Oracle FLEXCUBE Universal Banking. This brings together the Oracle, supporting banks in more than 125 countries including Pakistan, with a combined asset base in excess of 30 trillion dollars.



IT sector: PCA and Microsoft to promote IPRs
ISLAMABAD (January 21, 2010): Pakistan Computer Association (PCA) and Microsoft have reaffirmed the resolve to make joint efforts to promote Intellectual Property Rights (IPRs) in the industry to ensure healthy and steady growth in the IT sector. According to a press release of the PCA issued here on Wednesday, the efforts would focus on consumer awareness regarding the IPRs and facilitation of the industry to provide affordable software to the end-users in Pakistan.



Southern Punjab: Zardari launches broadband internet project
ISLAMABAD (January 21, 2010): President Asif Ali Zardari launched a project to provide broadband internet in Southern Punjab funded by Universal Service Fund (USF) worth Rs 1.95 billion, said a press release issued here on Wednesday. A plaque unveiling ceremony of the project was held at the Governor House, Lahore.



Microsoft committed to solving business challenges faced by SMEs
KARACHI (January 21, 2010): Microsoft Pakistan in collaboration with Maison Consulting and Solutions held an interactive seminar to address the importance of having a proficient ERP System for Small and Medium Enterprises (SMEs).


  

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The Rupee
Interbank closing rates for dollar on Monday.
BuyingRs 84.94
SellingRs 84.97
Dollar moves both ways
8622.72  41.98
Sectoral Indices 
Market at Close
BRIndex-30 8,580.74
KSE-30 Index 10,209.42
KSE-100 Index 9,809.98
LSE-25 Index 3,067.66
ISE-10 Index 2,353.59
Gold Per 10gm 30,514.00
KCA Spot Rate 4,625.00
Libor Rate 0.38625
World Indices
Index Closing Chg%
DJIA 9,908.39 1.04
Nasdaq 2,126.05 0.70
S&P 1,056.74 0.89
FTSE 5,092.33 0.60
DAX 5,484.85 0.93
CAC-40 3,607.27 1.22
Nikkei 9,951.92 1.10
H.Seng 19,550.89 0.58
Sensex 15,935.61 0.13
NY Closing
Euro 0.7329
Sterling 0.6421
Swiss Franc 1.074
Yen 89.26
Gold 1066.20
Cotton 69.160
Oil 71.89
Economic Indicators
Annual2008/09
Foreign Debt $50.1bn
Per Cap Income $1046
GDP Growth 2.0%
Average CPI 20.77%
MonthlyDecember
Trade Balance $-1.33 bln
Exports $1.58 bln
Imports $2.91 bln
WeeklyFebruary 08, 2010
Reserves $14.517 bln
 









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