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Print - 2009-09-12
KSE gets $28.559 million foreign investment in a week

KSE gets $28.559 million foreign investment in a week

The Karachi share market witnessed an inflow of $28.559 million of foreign portfolio investment during the week ended on September 11, 2009. According to National Clearing Company of Pakistan Limited (NCCPL) data, the net inflow of foreign portfolio inves
Published 12 Sep, 2009 12:00am
Haqqani doesn't regret Baitullah death, but still opposes US strikes

Haqqani doesn't regret Baitullah death, but still opposes US strikes

Pakistan's ambassador to the United States said he doesn't regret the missile strike that killed a Taliban leader, but maintained his country's opposition to US attacks inside its border. Pakistan's military has been intensifying its fight against the Tal
Published 12 Sep, 2009 12:00am
QAU launches weekly seminar to update students

QAU launches weekly seminar to update students

Department of Administrative Sciences of the Quaid-e-Azam University (QAU) has launched a weekly seminar to keep the students updated with the current practices/scenario of corporate world. The objective of the seminar is to update students about the curr
Published 12 Sep, 2009 12:00am
Punjab government introduces 44 Danish schools this year: Minister

Punjab government introduces 44 Danish schools this year: Minister

Punjab Education Minister Mian Mujtaba Shujaur Rehman has said that Chief Minister of Punjab will inaugurate 44 Danish schools this year. Talking to Radio Pakistan, he said that the Punjab government is already imparting free education at high school leve
Published 12 Sep, 2009 12:00am
CAP declares list of Pre-Medical (Male) admissions to Class XI

CAP declares list of Pre-Medical (Male) admissions to Class XI

Centralised Admission Policy (CAP) Chairman and Sindh Colleges Director General Professor Rafique Ahmed Siddiqui on Friday announced the placement results of Pre-Medical (Male) for Class XI. He said total 2928 admissions were allotted in 41 intermediate c
Published 12 Sep, 2009 12:00am
Karachi University announcement

Karachi University announcement

The Controller of Examination of Karachi University (KU) on Friday announced that students willing to appear in BA External Supplementary Examination 2008 can obtain their duplicate admit cards from the examination department counter located at Silver Jub
Published 12 Sep, 2009 12:00am
MBA forms' submission date extended

MBA forms' submission date extended

The Dean Faculty of Commerce and Business Administration, Sindh University, Dr Anwar Ali Shah on Friday announced that the last date for submission of MBA admission forms, evening programme, has been extended to September 25. The department will conduct w
Published 12 Sep, 2009 12:00am
MUET rusticates two students

MUET rusticates two students

The Vice Chancellor Mehran University of Engineering and Technology Jamshoro has rusticated two students of the Department of Industrial Engineering and Management for a period of one year with effect from August 7, 2009. The university spokesman has info
Published 12 Sep, 2009 12:00am
Education plays pivotal role in nation building: vice chancellor GCU

Education plays pivotal role in nation building: vice chancellor GCU

The Vice Chancellor Government College University (GCU) Lahore Dr Khalid Aftab regards well cultured person as an asset of the society, country, and his family; and said that GCU always put strenuous efforts for promoting the students in a cultured way, w
Published 12 Sep, 2009 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Friday (September 11, 2009).

Published 12 Sep, 2009 12:00am
Pakistan intends to start corporate farming: minister

Pakistan intends to start corporate farming: minister

"Pakistan is the safest country of the world in terms of food security which are surplus in three major crops including wheat, rice and maize", Federal Minster for Food and Agriculture (Minfa), Nazar Muhammad Gondal has categorically denied the report of
Published 12 Sep, 2009 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Friday (September 11, 2009).

Published 12 Sep, 2009 12:00am
Russian car giant to cut 36,000 jobs

Russian car giant to cut 36,000 jobs

Russian car giant Avtovaz is preparing to cut 36,000 jobs by December to compensate for slumping demand for its models, the RIA-Novosti news agency quoted a government source as saying Friday. The cuts would represent almost a third of the company's 110,0
Published 12 Sep, 2009 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Friday (September 11, 2009).

Published 12 Sep, 2009 12:00am
'Private sector ignored in National Education Policy'

'Private sector ignored in National Education Policy'

The recently announced National Education Policy lacks depth and is based on 'wishful claims', ignoring ground realities. The private sector has been ignored in the policy, and it would not be possible to achieve the ambitious target of 86 percent literac
Published 12 Sep, 2009 12:00am
Distributors of fake American oil arrested

Distributors of fake American oil arrested

Garden Police has arrested three distributors of fake American oil and recovered huge quantity of fake oil with foreign brand tags. According to police sources, investigation police on a complaint of Premier Corporation, the agent and distributor of Ameri
Published 12 Sep, 2009 12:00am
Professional training plays a key role in success: DIG

Professional training plays a key role in success: DIG

The professional training with moral aspects has a key role in the success story of NH&MP and we should maintain this standard as per with international level. Deputy Inspector General National Highways and Motorway Police (NH&MP), Syed Ibne Hussain said
Published 12 Sep, 2009 12:00am
Ali Geelani placed under house arrest

Ali Geelani placed under house arrest

A top freedom fighter leader in Indian occupied Kashmir was put under house arrest on Friday to prevent protests against Indian rule during weekly prayers, police and officials said. Police deployed at Syed Ali Geelani's residence in occupied Srinagar lat
Published 12 Sep, 2009 12:00am
Khyber Police in no-show after warning

Khyber Police in no-show after warning

Around 500 tribal police officials heeded a warning from a Taliban-linked militant and failed to report for duty in the lawless border district of Khyber on Friday, a senior official said. Pakistan launched a military offensive last week in the area - hom
Published 12 Sep, 2009 12:00am
Pakistan casts wary eye on Afghan election dispute

Pakistan casts wary eye on Afghan election dispute

Some Pakistani lawmakers are urging other candidates to concede to Afghan President Hamid Karzai in last month's elections, amid worries that a drawn-out dispute over the results could destabilise both countries. Pakistan has a history of troubled and com
Published 12 Sep, 2009 12:00am
In the palace of the king

In the palace of the king

PML-N chief Nawaz Sharif and his family members reached Saudi Arabia on Tuesday. He is strongly expected to meet Saudi King Abdullah bin Abdul Aziz. Sources told Business Recorder on Friday that Nawaz and his family members are staying in Makkah in
Published 12 Sep, 2009 12:00am
In the palace of the king

In the palace of the king

PML-N chief Nawaz Sharif and his family members reached Saudi Arabia on Tuesday. He is strongly expected to meet Saudi King Abdullah bin Abdul Aziz. Sources told Business Recorder on Friday that Nawaz and his family members are staying in Makkah in
Published 12 Sep, 2009 12:00am
Taiwan former president jailed for life in graft case

Taiwan former president jailed for life in graft case

A Taiwan court Friday sentenced ex-president Chen Shui-bian to life in jail after a corruption trial that he said was political revenge for his lifelong push to declare independence from China. Chen, the first former Taiwan leader to be convicted in a cri
Published 12 Sep, 2009 12:00am
Metro Cash & Carry to invest 100 million Euro in Punjab

Metro Cash & Carry to invest 100 million Euro in Punjab

Vice Chairman Punjab Board of Investment and Trade (PBIT) Pir Saad Ehsanuddin has said that the Punjab government is eager to explore opportunities to provide produces from Punjab an access to foreign markets. He expressed these views while talking to a f
Published 12 Sep, 2009 12:00am
Benazir's murder case: UN commission to interview Musharraf

Benazir's murder case: UN commission to interview Musharraf

The United Nations commission investigating into the assassination of former Prime Minister Mohtarma Benazir Bhutto will visit London and Washington within the next couple of weeks to carry forward its work to identify the facts and circumstances behind t
Published 12 Sep, 2009 12:00am
Taiwan former president jailed for life in graft case

Taiwan former president jailed for life in graft case

A Taiwan court Friday sentenced ex-president Chen Shui-bian to life in jail after a corruption trial that he said was political revenge for his lifelong push to declare independence from China. Chen, the first former Taiwan leader to be convicted in a cri
Published 12 Sep, 2009 12:00am
Industrialists, traders backbone of economy: Shahbaz

Industrialists, traders backbone of economy: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that industrialists and traders are the backbone of national economy and a comprehensive strategy has been adopted for the promotion of industrial and trade activities.
Published 12 Sep, 2009 12:00am
Gas supply to N T Industries disconnected

Gas supply to N T Industries disconnected

Sui Northern Gas Pipelines Limited (SNGPL) has disconnected gas supply to N T. Industries, Sheikhupura due to gas theft and outstanding dues of Rs 68 million. According to a press release issued here on Friday, the SNGPL had recently launched a campaign t
Published 12 Sep, 2009 12:00am
ICI launches tree plantation drive along Canal Road

ICI launches tree plantation drive along Canal Road

The ICI Pakistan Limited, under its sustainability programme, has launched a tree plantation drive on Canal Road here on Friday. The Parks and Horticultural Authority (PHA) supported this activity and members of media, ICI and PHA attended the launching c
Published 12 Sep, 2009 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 12 Sep, 2009 12:00am
'PSRMA wants SRO 678 revised'

'PSRMA wants SRO 678 revised'

Pakistan Steel Re Rolling Mills Association (PSRMA) has been talking to FBR/EDB along with all stakeholders pre and post budget about the amendment to SRO 678 dated 6.7.2007.
Published 12 Sep, 2009 12:00am
PTCL team meets DCO Karachi

PTCL team meets DCO Karachi

A high level delegation of PTCL on Thursday called on DCO Karachi Javed Hanif. The PTCL delegation comprising GM (HR) Adil Riaz, GM (RGMII) Jamal Abdul Nasir, Manager Security Colonel Rashid Hussain (Retd) and Manager Legal Sehar Iftekhar discuss various
Published 12 Sep, 2009 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Friday (September 11, 2009).

Published 12 Sep, 2009 12:00am
Tata may be elected unopposed as Chairman Aptma

Tata may be elected unopposed as Chairman Aptma

Renowned industrialist Anwaar Ahmed Tata is likely to be elected unopposed as Chairman All Pakistan Textile Mills Association (Aptma) because of his unmatched popularity in textile circles. There is a general impression among textile circles that Tata wou
Published 12 Sep, 2009 12:00am
Three SBP directors promoted

Three SBP directors promoted

Three Directors of the State Bank of Pakistan have been promoted as Executive Directors of the Bank.
Published 12 Sep, 2009 12:00am
SNGPL maintains AA credit ratings

SNGPL maintains AA credit ratings

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term entity ratings of Sui Northern Gas Pipelines limited (SNGPL) at AA (Double A), and A 1 + (A One Plus), respectively - The ratings denote a very low expectation of credit
Published 12 Sep, 2009 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 12 Sep, 2009 12:00am
'Government committed to solve people's problems'

'Government committed to solve people's problems'

Senior Provincial Minister Punjab Raja Riaz Ahmed has said that government is committed to solve the problems of the people. He said Peoples Party Government took over in difficult circumstances when the country was at the verge of bankruptcy and there wa
Published 12 Sep, 2009 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Sep, 2009 12:00am
Blind student shines in Inter exams

Blind student shines in Inter exams

A blind student from Layyah, Noor-ul-Huda has secured first position among the special students of the Punjab and fourth position in the Dera Ghazi Khan board in the Intermediate Examinations 2009 by getting 910 marks out of 1100. Talking with newsmen, No
Published 12 Sep, 2009 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Sep, 2009 12:00am
Juvenile prisoners: LHBA constitutes three committees

Juvenile prisoners: LHBA constitutes three committees

The Lahore High Court Bar Association has constituted three committees including Prisoners Aid and Jail Reforms Committee headed by Rao Nasim Haider Khan and Co-Chairperson Shamsa Ali, Human Rights Committee headed by Rafi Raza Kharal and Co-Chairperson I
Published 12 Sep, 2009 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 12 Sep, 2009 12:00am
A Sweden held over possible terror links

A Sweden held over possible terror links

A Swedish citizen with the same name as a Swede who was arrested in 2001 and held for two years at the Guantanamo Bay prison camp was detained in Pakistan last month on suspicion of links to al Qaeda, police said Friday. Mehdi-Muhammed Ghezali was arreste
Published 12 Sep, 2009 12:00am
SNGPL maintains AA credit ratings

SNGPL maintains AA credit ratings

The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term entity ratings of Sui Northern Gas Pipelines limited (SNGPL) at AA (Double A), and A 1 + (A One Plus), respectively - The ratings denote a very low expectation of credit
Published 12 Sep, 2009 12:00am
NWFP printers, publishers defer protest movement

NWFP printers, publishers defer protest movement

The protest of Frontier Printers and Publishers Association (FPPA) against NWFP Text Book Board continued for the second consecutive day. But later on differed protest on the assurance from the management of Textbook Board of NWFP.
Published 12 Sep, 2009 12:00am
PML-N's central, provincial bodies meeting on September 30

PML-N's central, provincial bodies meeting on September 30

Meeting of Central Organising Committee (COC) and Provincial Organising Committees (POC) of PML-N shall be chaired by party's leader Nawaz Sharif on 30th September to announce further details of PML-N membership and re-organisation campaign, which will co
Published 12 Sep, 2009 12:00am
Foolproof security directed

Foolproof security directed

Sindh Home Minister Dr Zulfiqar Mirza has issued directives to the Inspector General (IGP) Sindh Sultan Salahuddin Babar Khattak to ensure fool proof security arrangements in last Ashra of the Holy month of Ramazan. He also instructed to take strict secur
Published 12 Sep, 2009 12:00am
Martyrdom Day of Hazrat Ali (RA) today

Martyrdom Day of Hazrat Ali (RA) today

The Martyrdom Day of the Fourth Caliph Hazrat Ali (RA) will be observed with religious reverence here on Saturday like other parts of the country. Majalis-e-Zikr-e-Ali (RA) have already been started in almost all Imambargahs of Hyderabad, Latifabad, Qasim
Published 12 Sep, 2009 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (September 11, 2009).

Published 12 Sep, 2009 12:00am
Massive corruption involved in RPPs, claims Faisal

Massive corruption involved in RPPs, claims Faisal

Pakistan Muslim League-Quaid (PML-Q) Parliamentary Leader in National Assembly Faisal Saleh Hayat while rejecting the allegations levelled against him by Federal Minister for Water and Power Raja Pervez Ashraf, has once again asserted that massive corrupt
Published 12 Sep, 2009 12:00am
Development of Balochistan top priority: Zardari

Development of Balochistan top priority: Zardari

President Asif Ali Zardari has said that the government is committed to alleviate the sense of deprivation of the people of Balochistan and bring the province at par with other parts of the country. Talking to a delegation from Balochistan, the President
Published 12 Sep, 2009 12:00am
Resolution of Kashmir dispute key to friendly ties with India: Gilani

Resolution of Kashmir dispute key to friendly ties with India: Gilani

Prime Minister, Yousuf Raza Gilani Friday said the resolution of the core issue of Kashmir was the key to good relations with India and peace and security of South Asia. Talking to Prime Minister of Azad Jammu and Kashmir (AJK), Sardar Muhammad Yaqub Khan
Published 12 Sep, 2009 12:00am
Four killed in different incidents

Four killed in different incidents

At least four people including a minor boy were killed in different incidents across the metropolis on Friday, police and witnesses said. A 25-year-old man was stabbed to death in Gulistan-e-Jauhar and another 35-year-old man was shot dead by unidentified
Published 12 Sep, 2009 12:00am
Manhandling of news team condemned

Manhandling of news team condemned

Federal Minister for Information and Broadcasting Qamar Zaman Kaira on Friday strongly condemned the attack on the reporting team of a private TV channel in Murree saying that through such tactics media could not be silenced. The minister said that he has
Published 12 Sep, 2009 12:00am
Kaira condemns journalist's murder

Kaira condemns journalist's murder

Federal Minister for Information and Broadcasting Qamar Zaman Kaira has strongly condemned the gruesome murder of senior journalist, Ali Raza. In a statement issued here on Friday the minister said that the killers of the journalist would be brought to bo
Published 12 Sep, 2009 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

Higher payment requirement pushed the dollar up, as a result the rupee shed five paisa against dollar for buying and selling at 82.85 and 82.90 on the interbank market on Friday, dealers said. Importers were active in purchasing dollars ahead of Eid-ul-F
Published 12 Sep, 2009 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

Higher payment requirement pushed the dollar up, as a result the rupee shed five paisa against dollar for buying and selling at 82.85 and 82.90 on the interbank market on Friday, dealers said. Importers were active in purchasing dollars ahead of Eid-ul-F
Published 12 Sep, 2009 12:00am