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Print - 2007-04-14
Seminar on Pak-EU ties on April 17

Seminar on Pak-EU ties on April 17

A seminar on European Union-Pakistan relations will be held on April 17 at the Goethe Institut here. The moot is being organised by the Area Study Centre for Europe (ASCE), University of Karachi, in collaboration with the Hanns Seidel Foundation, Islamaba
Published 14 Apr, 2007 12:00am
'CAA adopting extra safety measures at airports'

'CAA adopting extra safety measures at airports'

Civil Aviation Authority (CAA) has explained at length the safety measures in place to make all airports safe for operations. In a statement issued here on Friday in the wake of reports published on this count.
Published 14 Apr, 2007 12:00am
Ibad reviews law and order

Ibad reviews law and order

The efforts being made to control crimes, and the obtaining law and order was reviewed at a meeting held under the chairmanship of Sindh Governor, Dr Ishratul Ibad Khan here on Friday.
Published 14 Apr, 2007 12:00am
FTO criticises performance of tax departments

FTO criticises performance of tax departments

Federal Tax Ombudsman, Justice Munir A. Sheikh has criticised that the Federal Tax Departments had been identified with rampant inefficiency, corruption and oblivious to their basic duties.
Published 14 Apr, 2007 12:00am
Government trying to divide opposition: Aitzaz

Government trying to divide opposition: Aitzaz

Former interior minister and PPP central leader Chaudhry Aitzaz Ahsan has said that the government claim about deal with PPP is aimed at dividing opposition. In an interview with a private TV channel he said 'Charter of Democracy' was signed by Nawaz Shar
Published 14 Apr, 2007 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Friday (April 13, 2007).

Published 14 Apr, 2007 12:00am
Increasing investment shows confidence of investors: Prime Minister

Increasing investment shows confidence of investors: Prime Minister

Prime Minister Shaukat Aziz on Friday said increasing investment in the country is a testimony of the confidence of local and foreign investors in its economic policies and potential. He said this during a meeting with Essa Abdulfatta Kazim, Chairman Duba
Published 14 Apr, 2007 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Apr, 2007 12:00am
Lal Masjid cleric ready for negotiations

Lal Masjid cleric ready for negotiations

Khateeb of Lal Masjid Maulana Abdul Aziz has said that PML president Chaudhry Shujaat Hussain had come to the mosque for talks, saying that his behaviour was positive. In his Juma sermon he said that their doors are open for negotiations but they would no
Published 14 Apr, 2007 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Apr, 2007 12:00am
38 Taliban killed in Afghan fighting

38 Taliban killed in Afghan fighting

US and Afghan troops backed by warplanes killed more than 35 Taliban militants during a five-hour battle in a bitterly contested area of southern Afghanistan, the US-led coalition said on Friday.
Published 14 Apr, 2007 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 14 Apr, 2007 12:00am
38 Taliban killed in Afghan fighting

38 Taliban killed in Afghan fighting

US and Afghan troops backed by warplanes killed more than 35 Taliban militants during a five-hour battle in a bitterly contested area of southern Afghanistan, the US-led coalition said on Friday.
Published 14 Apr, 2007 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (April 13, 2007).

Published 14 Apr, 2007 12:00am
India eyes 150,000 tons Pakistani wheat

India eyes 150,000 tons Pakistani wheat

Indian grain traders have contracted to import 20,000 tonnes of Pakistani wheat and they are waiting for New Delhi to issue import permits before starting shipments, a leading regional grains trader said on Friday. "The permits could come anytime now," Vi
Published 14 Apr, 2007 12:00am
India eyes 150,000 tons Pakistani wheat

India eyes 150,000 tons Pakistani wheat

Indian grain traders have contracted to import 20,000 tonnes of Pakistani wheat and they are waiting for New Delhi to issue import permits before starting shipments, a leading regional grains trader said on Friday. "The permits could come anytime now," Vi
Published 14 Apr, 2007 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 Apr, 2007 12:00am
India eyes 150,000 tons Pakistani wheat

India eyes 150,000 tons Pakistani wheat

Indian grain traders have contracted to import 20,000 tonnes of Pakistani wheat and they are waiting for New Delhi to issue import permits before starting shipments, a leading regional grains trader said on Friday. "The permits could come anytime now," Vi
Published 14 Apr, 2007 12:00am
CBR approves customs restructuring plan

CBR approves customs restructuring plan

The Central Board of Revenue (CBR) has approved the customs restructuring plan for proper working of customs officials at Model Customs Collectorates under the on-going reform process. Sources told Business Recorder on Friday that the CBR had taken
Published 14 Apr, 2007 12:00am
CBR approves customs restructuring plan

CBR approves customs restructuring plan

The Central Board of Revenue (CBR) has approved the customs restructuring plan for proper working of customs officials at Model Customs Collectorates under the on-going reform process. Sources told Business Recorder on Friday that the CBR had taken
Published 14 Apr, 2007 12:00am
CBR approves customs restructuring plan

CBR approves customs restructuring plan

The Central Board of Revenue (CBR) has approved the customs restructuring plan for proper working of customs officials at Model Customs Collectorates under the on-going reform process. Sources told Business Recorder on Friday that the CBR had taken
Published 14 Apr, 2007 12:00am
Two soldiers killed in landmine explosion

Two soldiers killed in landmine explosion

Two soldiers were killed and another seriously injured in a landmine blast in Balochistan on Friday, officials said. A banned militant group representing tribesmen seeking more profits from the region's natural resources claimed responsibility for the att
Published 14 Apr, 2007 12:00am
Two soldiers killed in landmine explosion

Two soldiers killed in landmine explosion

Two soldiers were killed and another seriously injured in a landmine blast in Balochistan on Friday, officials said. A banned militant group representing tribesmen seeking more profits from the region's natural resources claimed responsibility for the att
Published 14 Apr, 2007 12:00am
NIT again outperforms KSE-100 index

NIT again outperforms KSE-100 index

National Investment Trust (NIT) has once again outperformed the KSE 100 Index by an equitable margin of 1.82 percent where Net Asset Value of NIT unit has increased by 14.65 percent from Rs 43.07 as on June 30, 2006 (Ex-Dividend) to Rs 49.38 as on March 3
Published 14 Apr, 2007 12:00am
100 hurt as train derails

100 hurt as train derails

A Multan bound 128 down Mehr express met an accident near Layyah city when its six bogies were derailed on Friday. More than 100 passengers sustained injuries, however, no one is in precarious condition, Divisional Superintendent of Railway Multan told re
Published 14 Apr, 2007 12:00am
Textile City chief vows transparency in land allotment

Textile City chief vows transparency in land allotment

CEO Pakistan Textile City Ltd, Zaheer A. Hussain has said that the land mafia would not be allowed to get land leased in the proposed textile city and vowed to allocate land through transparent process. Zaheer Hussain was replying to questions raised duri
Published 14 Apr, 2007 12:00am
PNSC to buy two oil tankers, one bulk carrier

PNSC to buy two oil tankers, one bulk carrier

The financing deal of $135 million between Pakistan National Shipping Corporation (PNSC) and ABN-Amro Bank for acquisition of two oil tankers and one bulk carrier is likely to be finalised in a month or two.
Published 14 Apr, 2007 12:00am
PNSC to buy two oil tankers, one bulk carrier

PNSC to buy two oil tankers, one bulk carrier

The financing deal of $135 million between Pakistan National Shipping Corporation (PNSC) and ABN-Amro Bank for acquisition of two oil tankers and one bulk carrier is likely to be finalised in a month or two.
Published 14 Apr, 2007 12:00am
PNSC to buy two oil tankers, one bulk carrier

PNSC to buy two oil tankers, one bulk carrier

The financing deal of $135 million between Pakistan National Shipping Corporation (PNSC) and ABN-Amro Bank for acquisition of two oil tankers and one bulk carrier is likely to be finalised in a month or two.
Published 14 Apr, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 13, 2007).

Published 14 Apr, 2007 12:00am
Germany resists tax cut calls as revenues surge

Germany resists tax cut calls as revenues surge

Rising tax revenues in Germany are stirring a debate about the merits of the government's fiscal consolidation drive, though the ruling coalition is resisting calls to loosen its policy. At federal and state government level, tax revenues rose 16.4 percen
Published 14 Apr, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 13, 2007).

Published 14 Apr, 2007 12:00am
Indian polo team due on April 16

Indian polo team due on April 16

A six-member Indian polo team from Jaipur polo club will be reaching here on Monday, April 16 to play a three match series against Lahore Polo Club. The team will be comprised of five players and one official, said a spokesman of Lahore Polo Club (LPC), h
Published 14 Apr, 2007 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Friday (April 13, 2007).

Published 14 Apr, 2007 12:00am
AlGP motor sports World Cup

AlGP motor sports World Cup

The penultimate round of the 2006-07 AlGP World Cup of Motor sports will kick off this weekend at the Shanghai international circuit in China. Nur Ali will represent his country in the green and white car of All Pakistan Team and will battle on track with
Published 14 Apr, 2007 12:00am
Canada's trade surplus shrinks

Canada's trade surplus shrinks

Canadian exports hit a major snag in February due to a 15-day railway strike, causing the trade surplus to shrink by a bigger-than-expected 16 percent from January, Statistics Canada said on Friday.
Published 14 Apr, 2007 12:00am
ISE remains bullish

ISE remains bullish

Bulls commanded the proceedings at the Islamabad Stock Exchange (ISE) where equities showed healthy signs amid increase in index. ISE Ten Index was up by 9.80 points, as the index moved from 2,698.25 to 2,708.05 points. The overall turnover amounted to 70
Published 14 Apr, 2007 12:00am
ISE remains bullish

ISE remains bullish

Bulls commanded the proceedings at the Islamabad Stock Exchange (ISE) where equities showed healthy signs amid increase in index. ISE Ten Index was up by 9.80 points, as the index moved from 2,698.25 to 2,708.05 points. The overall turnover amounted to 70
Published 14 Apr, 2007 12:00am
LSE index up 37.27 points

LSE index up 37.27 points

The local share market maintained the rising tempo on last trading day of the week and the index crossed 4500 level, with banking stocks performing very well on reports of NIT meeting. The LSE-25 index gained 37.27 points to finish at 4515.96 points as co
Published 14 Apr, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (April 13, 2007).

Published 14 Apr, 2007 12:00am
LSE index up 37.27 points

LSE index up 37.27 points

The local share market maintained the rising tempo on last trading day of the week and the index crossed 4500 level, with banking stocks performing very well on reports of NIT meeting. The LSE-25 index gained 37.27 points to finish at 4515.96 points as co
Published 14 Apr, 2007 12:00am
KSEW to issue Rs 4.2 billion sukuk

KSEW to issue Rs 4.2 billion sukuk

Karachi Shipyard and Engineering Works Ltd (KSEW) plans to issue an eight-year domestic Islamic bond, or sukuk, worth up to Rs 4.2 billion ($69.25 million) to fund upgrade plans. Dubai Islamic Bank and JS Bank will jointly arrange the government-guarantee
Published 14 Apr, 2007 12:00am
KSEW to issue Rs 4.2 billion sukuk

KSEW to issue Rs 4.2 billion sukuk

Karachi Shipyard and Engineering Works Ltd (KSEW) plans to issue an eight-year domestic Islamic bond, or sukuk, worth up to Rs 4.2 billion ($69.25 million) to fund upgrade plans. Dubai Islamic Bank and JS Bank will jointly arrange the government-guarantee
Published 14 Apr, 2007 12:00am
KSEW to issue Rs 4.2 billion sukuk

KSEW to issue Rs 4.2 billion sukuk

Karachi Shipyard and Engineering Works Ltd (KSEW) plans to issue an eight-year domestic Islamic bond, or sukuk, worth up to Rs 4.2 billion ($69.25 million) to fund upgrade plans. Dubai Islamic Bank and JS Bank will jointly arrange the government-guarantee
Published 14 Apr, 2007 12:00am
KSEW to issue Rs 4.2 billion sukuk

KSEW to issue Rs 4.2 billion sukuk

Karachi Shipyard and Engineering Works Ltd (KSEW) plans to issue an eight-year domestic Islamic bond, or sukuk, worth up to Rs 4.2 billion ($69.25 million) to fund upgrade plans. Dubai Islamic Bank and JS Bank will jointly arrange the government-guarantee
Published 14 Apr, 2007 12:00am
Karachi lawyers take out rally, boycott courts

Karachi lawyers take out rally, boycott courts

City lawyers on Friday took out a rally, boycotted court proceedings and resolved to continue their protest against the suspension of Justice Iftikhar Mohammad Chaudhry. The lawyers marched from Sindh Bar Council office to Quaid-e-Azam's Mausoleum.
Published 14 Apr, 2007 12:00am
Lawyers boycott court proceedings

Lawyers boycott court proceedings

City lawyers boycotted the court proceedings throughout Southern Punjab on Friday, the day of hearing of the "non-functional" CJP by the Supreme Judicial Council (SJC), at the call of Pakistan Bar Council and Supreme Court Bar Association.
Published 14 Apr, 2007 12:00am
Massive protest in Kasur against Chief Justice suspension

Massive protest in Kasur against Chief Justice suspension

The Bar Associations of Kasur, Chunian and Pattoki observed complete strike, boycotted courts and took out protest processions against the suspension of Chief Justice of Pakistan Iftikhar Muhammad Chaudhry. The DBA Kasur took out procession led by DPA pre
Published 14 Apr, 2007 12:00am
Lawyers observe strike against Chief Justice suspension

Lawyers observe strike against Chief Justice suspension

The lawyers on Friday observed strike to protest against the suspension of Chief Justice of Pakistan Iftikhar Muhammad Chaudhry. The lawyers boycotted the courts, held protest meetings, rallies, hunger strike camps and also wore black strips and hoisted b
Published 14 Apr, 2007 12:00am
SBC apologises to journalists

SBC apologises to journalists

The Sindh Bar Council (SBC) on Friday condemned incidents of beating up of journalists who were covering lawyers' rally in Karachi and apologised for the unpleasant incident.
Published 14 Apr, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (April 13, 2007).

Published 14 Apr, 2007 12:00am
SBC apologises to journalists

SBC apologises to journalists

The Sindh Bar Council (SBC) on Friday condemned incidents of beating up of journalists who were covering lawyers' rally in Karachi and apologised for the unpleasant incident.
Published 14 Apr, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (April 13, 2007).
Published 14 Apr, 2007 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (April 13, 2007).

Published 14 Apr, 2007 12:00am
No virus in cell phones: PTA

No virus in cell phones: PTA

Pakistan Telecommunication Authority (PTA) has clarified any virus found in mobile phones anywhere in the country. In a press release issued here on Friday, the PTA, while commenting on rumours about virus causing damage to human body, rejected the presen
Published 14 Apr, 2007 12:00am
No virus in cell phones: PTA

No virus in cell phones: PTA

Pakistan Telecommunication Authority (PTA) has clarified any virus found in mobile phones anywhere in the country. In a press release issued here on Friday, the PTA, while commenting on rumours about virus causing damage to human body, rejected the presen
Published 14 Apr, 2007 12:00am
No virus in cell phones: PTA

No virus in cell phones: PTA

Pakistan Telecommunication Authority (PTA) has clarified any virus found in mobile phones anywhere in the country. In a press release issued here on Friday, the PTA, while commenting on rumours about virus causing damage to human body, rejected the presen
Published 14 Apr, 2007 12:00am