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Print - 2010-04-22
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Wednesday (April 21, 2010).

Published 22 Apr, 2010 12:00am
'Hinopak to extend more support to its customers'

'Hinopak to extend more support to its customers'

Being the Market leader of the Pakistani automobile industry, and the largest assembler and manufacturer of trucks and buses in Pakistan, Hinopak Motors Limited always strives to provide best after sales support to its customers. On Sunday last Hinopak or
Published 22 Apr, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 21, 2010).

Published 22 Apr, 2010 12:00am
Zardari to lay foundation stone of 500 KV RYK sub-station today

Zardari to lay foundation stone of 500 KV RYK sub-station today

President Asif Ali Zardari will lay foundation stone of 500 KV Rahim Yar Khan (RYK) sub-station and associated transmission line (ATL) on Thursday (today). In recent years, electricity shortage exceeded to alarming levels disrupting daily lives and busine
Published 22 Apr, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (April 21, 2010) and for Thursday (April 22, 2010)
Published 22 Apr, 2010 12:00am
Government urged to stop forced, unscheduled loadshedding

Government urged to stop forced, unscheduled loadshedding

The Lahore Chamber of Commerce and Industry (LCCI) President, Zafar Iqbal Chaudhry said the government would have to act fast to avoid Kyrgyzstan-like situation in Pakistan as things were getting out of hands with every passing day because of massive load
Published 22 Apr, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (April 21, 2010).

Published 22 Apr, 2010 12:00am
Lands for setting up Danish Schools identified

Lands for setting up Danish Schools identified

Senior Advisor to Chief Minister Punjab, Sardar Zulfiqar Ali Khan Khosa has said provision of quality education to the people of remote areas is top priority of the government. The senior advisor was addressing a meeting held to review the new design of D
Published 22 Apr, 2010 12:00am
Government urged to hold local bodies polls

Government urged to hold local bodies polls

Former Chairman National Reconstruction Bureau, Danyal Aziz has asked the government to provide constitutional protection to local government system and also hold local bodies elections without any further delay. While addressing the "Local Government Con
Published 22 Apr, 2010 12:00am
Transfers and postings of judges

Transfers and postings of judges

The Chief Justice Lahore High Court (LHC) has made transfers and postings among 24 Additional District and Sessions Judges (AD&SJs) and 17 Senior Civil Judges (SCJs). According to a notification issued here AD&SJ Shahbaz Ahmad has been transferred from Ba
Published 22 Apr, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 21, 2010).

Published 22 Apr, 2010 12:00am
LHC seeks reply from Punjab government

LHC seeks reply from Punjab government

The Lahore High Court (LHC) here on Wednesday sought reply from Punjab government within a fortnight in a writ petition challenging the levy of Registration Fee and Professional Tax on capital value of the vehicles. The petitioner chairman Judicial Activi
Published 22 Apr, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 21, 2010).

Published 22 Apr, 2010 12:00am
Creation of South Punjab province need of the hour: PML-Q

Creation of South Punjab province need of the hour: PML-Q

Pakistan Muslim League-Q (PML-Q) leader Chaudhry Moonis Elahi on Wednesday alleged that the step-motherly treatment of Punjab government and diversion of South Punjab's already meagre funds and resources for the development of "Jati Umra" have created a b
Published 22 Apr, 2010 12:00am
Punjab education department clarification

Punjab education department clarification

A spokesman of the Higher Education Department here on Wednesday has contradicted a news item appearing in a section of press that 30 percent quota has been reserved for the children of Assembly Members in educational institutions.
Published 22 Apr, 2010 12:00am
School for special children inaugurated

School for special children inaugurated

Pakistan Muslim League-Nawaz Chief Muhammad Nawaz Sharif on Wednesday inaugurated a school for special children set up by the daughter of Punjab Chief Minister, Shahbaz Sharif at Sharif Medical Complex in Jati Umra. Speaking on the occasion, Nawaz said th
Published 22 Apr, 2010 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee showed mixed trend against dollar on the local currency market on Wednesday in process of trading, experts said. On the interbank market the rupee gained 16 paisa against the dollar for buying and selling at 83.98 and 84.02, they said.
Published 22 Apr, 2010 12:00am
Kashf Foundation and KMBL sign agency agreement

Kashf Foundation and KMBL sign agency agreement

Kashf Foundation and Kashf Microfinance Bank Limited (KMBL) have signed Agency Agreement for setting up kiosks for deposit mobilisation. The Managing Director of Kashf Foundation, Roshaneh zafar and the CEO of Kashf Microfinance Bank Limited, Ghazanfar Az
Published 22 Apr, 2010 12:00am
THE RUPEE: dollar moves both ways

THE RUPEE: dollar moves both ways

The rupee showed mixed trend against dollar on the local currency market on Wednesday in process of trading, experts said. On the interbank market the rupee gained 16 paisa against the dollar for buying and selling at 83.98 and 84.02, they said.
Published 22 Apr, 2010 12:00am
US donates Rs 12.5 million for restoration of three shrines

US donates Rs 12.5 million for restoration of three shrines

U S Ambassador Anne W Patterson on Wednesday announced grants worth of Rs 12.50 million ($149,000) for the conservation and restoration of three Sufi shrines in Punjab. "The U S government is honoured to contribute to the preservation of the shrines of Ha
Published 22 Apr, 2010 12:00am
MCC collects Rs 37.57 billion duties

MCC collects Rs 37.57 billion duties

Financial benefits reaped from Customs duty during the nine months of current fiscal year as compared to corresponding period of last year has gone up by 10 per cent. According to statistics of Model Customs Collectorate (MCC), the department has collecte
Published 22 Apr, 2010 12:00am
Mobile teams deployed at sensitive points

Mobile teams deployed at sensitive points

In the wake of current wave of terrorism and lawlessness here mobile teams of police control 15 have been deployed at sensitive areas of the city, police sources confirmed.
Published 22 Apr, 2010 12:00am
PTA team meets FBR Chairman

PTA team meets FBR Chairman

A delegation of Pakistan Tanners Association (PTA) led by Gulzar Firoz, Chairman along with Vice Chairmen, Shahid Mahmud and Shaikh Muhammad Naim and Former Chairman PTA Agha Saiddain held a meeting with Chairman, Federal Board of Revenue (FBR) Sohail Ahm
Published 22 Apr, 2010 12:00am
PBA slams Kaira's statement

PBA slams Kaira's statement

The office-bearers of Pakistan Broadcasters Association (PBA) were shocked at the statement made by the Federal Information Minister Qamar Zaman Kaira, in front of the members of Standing Committee of National Assembly on Information and Broadcasting, tha
Published 22 Apr, 2010 12:00am
'Kuwait enjoys best economic relation with Pakistan'

'Kuwait enjoys best economic relation with Pakistan'

Consul General of Kuwait, Nasser Al-Motairi has said that Pakistan in general and Karachi in particular offers most attractive investment environment. Speaking at a joint meeting of Consul Generals of GCC countries led by Dean of Diplomatic Corps and Cons
Published 22 Apr, 2010 12:00am
'Allama Iqbal sent universal message of hope to humanity'

'Allama Iqbal sent universal message of hope to humanity'

Pakistan Muslim League (PML-Q) Secretary General Mushahid Hussain Sayed on Wednesday said Allama Iqbal was a towering philosopher who derived vision from his faith and sent a universal message of hope to entire humanity.
Published 22 Apr, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (April 21, 2010).

Published 22 Apr, 2010 12:00am
10 die in road accident

10 die in road accident

At least 10 persons were killed while seven others wounded in a head-on collision between a trailer and a coach in district Lakki Marwat of 'Khyber Pakhtunkhwa'. According to Police the incident occurred near 'Malang Adda' area where a trailer collided wi
Published 22 Apr, 2010 12:00am
Funds Association of Pakistan

Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (April 21, 2010)

Published 22 Apr, 2010 12:00am
76 Patrolling Officers of NH&MP promoted

76 Patrolling Officers of NH&MP promoted

The Departmental Promotion Committee (DPC) headed by Inspector General (IG) National Highway and Motorway Police (NH&MP) Dr Wasim Kauser has promoted 76 Patrolling Officer (BPS-14) to Senior Patrolling Officer (BPS-16). In this respect, a notification for
Published 22 Apr, 2010 12:00am
Funds Association of Pakistan

Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (April 21, 2010)

Published 22 Apr, 2010 12:00am
FBR to issue new 'Unified Reward Rules' to streamline procedure

FBR to issue new 'Unified Reward Rules' to streamline procedure

The Federal Board of Revenue (FBR) has decided to issue new Unified Reward Rules-2010 to streamline procedure for issuance of rewards to the sales tax, federal excise and customs officials and informers registered with the board. Sources told Business
Published 22 Apr, 2010 12:00am
Funds Association of Pakistan

Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (April 21, 2010)

Published 22 Apr, 2010 12:00am
Traders' representatives body formed

Traders' representatives body formed

Punjab Chief Minister Muhammad Shahbaz Sharif on Wednesday constituted a 36-member committee of traders' representatives of the province for the determination of timings of business centres. This committee was constituted during a meeting of traders' orga
Published 22 Apr, 2010 12:00am
Women entrepreneurs: RCCI decides to set up incubation centre

Women entrepreneurs: RCCI decides to set up incubation centre

The Rawalpindi Chamber of Commerce and Industry (RCCI) has decided to set up an incubation centre in Rawalpindi to facilitate the women entrepreneurs of the region creating new opportunities of economic development for them, said Ali Raza Saeed Shah, Seni
Published 22 Apr, 2010 12:00am
Khwaja Shaukat to join PECO as CEO

Khwaja Shaukat to join PECO as CEO

Khwaja Shaukat Ali, a BS-21 officer of Income Tax Group, presently posted as Member Federal Board of Revenue (FBR) is going to take up his new assignment as Chief Executive Officer (CEO) Pakistan Engineering Company (PECO) from Thursday (today).
Published 22 Apr, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Apr, 2010 12:00am
Board meetings in progress

Board meetings in progress

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

Published 22 Apr, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Apr, 2010 12:00am
Students invent auto helm control sailing boat

Students invent auto helm control sailing boat

A six-member final year group of students of Electronics department of Sir Syed University of Engineering and Technology, gave an amazing demonstration of their project "Auto-Helm Control of Sailing Boat using Fuzzy Logic Controller" at National Sailing C
Published 22 Apr, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 22 Apr, 2010 12:00am
Sindh and Punjab: about 863,856 tons of wheat procured

Sindh and Punjab: about 863,856 tons of wheat procured

About 8,63,856 tons of wheat has been procured from Sindh and Punjab during the current crop procurement campaign to fulfil the country's requirements. Agriculture Development Commissioner (ADC) in Ministry of Food and Agriculture, Dr Qadir Bux Baloch tol
Published 22 Apr, 2010 12:00am
Pemra seizes illegal FM Radio station

Pemra seizes illegal FM Radio station

Pakistan Electronic Media Regulatory Authority (Pemra) has seized an illegal FM Radio Station from the city of Bhai Pheru in district Kasur. According to a press release issued by Pemra, an information was received that an illegal FM Radio Station in the
Published 22 Apr, 2010 12:00am
ZONG continues support of technical education

ZONG continues support of technical education

ZONG continues its support of technical education in Pakistan with the ZONG Scholarship Programme. The Programme was started last year as part of ZONG's corporate social responsibility initiatives.
Published 22 Apr, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 22 Apr, 2010 12:00am
Court adjourns hearing of petitions of Veena, Asif

Court adjourns hearing of petitions of Veena, Asif

The Lahore High Court (LHC) here on Wednesday adjourned to April 23 hearing of two petitions of actress Veena Malik and cricketer Asif filed against each other. Counsel of Veena Malik informed the court that they would take some time to settle argument, t
Published 22 Apr, 2010 12:00am
Drone attacks: Chief Justice LHC calls reply from Defence Ministry

Drone attacks: Chief Justice LHC calls reply from Defence Ministry

The Lahore High Court (LHC) Chief Justice here on Wednesday called a reply from defence ministry by May 05 in a constitutional petition seeking stoppage of drone attacks in the country and registration of FIR against persons responsible for such attacks.
Published 22 Apr, 2010 12:00am
Joint effort urged to follow Iqbal's Ideology

Joint effort urged to follow Iqbal's Ideology

President of Pakistan Muslim League (like-minded) Senator Salim Saifullah Khan on Wednesday invited all political parties to unite following the Ideology of Pakistan and philosophy of Allama Iqbal to put the country on the way to development.
Published 22 Apr, 2010 12:00am
Monitoring of FBR low ranking officers' activities directed

Monitoring of FBR low ranking officers' activities directed

The Federal Board of Revenue (FBR) has directed the collectors of customs to strictly monitor the activities of low ranking officers during clearance of imported consignments. Sources told Business Recorder here on Wednesday that the FBR has issued
Published 22 Apr, 2010 12:00am
Microsoft initiates 'Online Children Safety' programme

Microsoft initiates 'Online Children Safety' programme

Microsoft, under the umbrella of its Corporate Social Responsibility (CSR), has initiated a programme "Online Children Safety" in an effort to keep children safe when online (Using Internet). The main feature of the programme is to create awareness among
Published 22 Apr, 2010 12:00am
Lawyer shot dead

Lawyer shot dead

A man was shot dead by two unknown persons in the limits of Liaqatpur police station on Wednesday. SHO Liaqatpur police station Saifullan Khan said Tehsil Bar Association's former President Mian Nisar Ahmed was travelling towards city from his village in
Published 22 Apr, 2010 12:00am
1973 Constitution restored with 18th Amendment: Neelam

1973 Constitution restored with 18th Amendment: Neelam

Minister Population Welfare Punjab Neelam Jabbar Chaudhry has said that 1973 constitution has been restored with the 18th amendment and the political workers should be united for democracy, constitution and law. She said that Benazir Bhutto was role model
Published 22 Apr, 2010 12:00am
Terrorists' want to spread anarchy in society: Owais

Terrorists' want to spread anarchy in society: Owais

The Governor of Khyber Pakhtunkhwa, Owais Ahmed Ghani, has said the government with the staunch support of the people is successfully overcoming the challenges. The basic aim of the extremists and terrorists, he added, is to spread anarchy in the society
Published 22 Apr, 2010 12:00am
SBP holds agricultural exhibition

SBP holds agricultural exhibition

State Bank of Pakistan (SBP) on Wednesday organised an agricultural exhibition for farmers' community at village Paryal, Union Council Ckakri, Rawalpindi to create awareness among the growers about the use of modern means of cultivation. The primary objec
Published 22 Apr, 2010 12:00am
PSO July-March sales increase to Rs 627 billion

PSO July-March sales increase to Rs 627 billion

Pakistan State Oil (PSO) has registered sales revenue of around Rs 627 billion during nine months (July-March 2010), against Rs 540 billion in the corresponding period of last year, Business Recorder has learnt. PSO posted Rs 213 billion sales reve
Published 22 Apr, 2010 12:00am
Aptma for uninterrupted supply of gas

Aptma for uninterrupted supply of gas

A Sub-Committee of All Pakistan Textile Mills Association (Aptma) Punjab on Gas has urged the government to supply uninterrupted gas to the textile industry and not to accept any gas load management programme. Aptma's Sub-Committee on Gas met with Conveno
Published 22 Apr, 2010 12:00am
ANF seizes 12.15kg of heroin

ANF seizes 12.15kg of heroin

The Anti-Narcotics Force (ANF) on Wednesday conducted a joint operation at various locations of the city and recovered huge quantity of drugs, seized vehicles and also arrested a lady drug pusher. On a tip off the ANF officials confiscated 12.150 kg heroi
Published 22 Apr, 2010 12:00am
ICMAP urges government to impose tax on real estate developers

ICMAP urges government to impose tax on real estate developers

Institute of Cost and Management Accountants of Pakistan (ICMAP) has urged government to impose tax on real estate developers on per square foot basis for the construction of property, and per square yard basis on the land developed for sale.
Published 22 Apr, 2010 12:00am
Conference on Management of Pakistan Economy

Conference on Management of Pakistan Economy

With the theme of Development Challenges in the New Decade, the Lahore School of Economics (LSE) is holding a two day Sixth Annual Conference on Management of the Pakistan Economy from April 22nd (today) at LSE's Barki Campus.
Published 22 Apr, 2010 12:00am
Sepa powerless against 'environment-polluting' sugar mills

Sepa powerless against 'environment-polluting' sugar mills

Majority of sugar mills, being operated in different districts of the province, are openly violating the provisions of Pakistan Environmental Protection Act, 1997. However, the Sindh Environmental Protection Agency (Sepa) seems to se powerless to take any
Published 22 Apr, 2010 12:00am
Sacked employees protest against KESC's decision

Sacked employees protest against KESC's decision

Hundreds of sacked employees of KESC protested against the decision of management of the company on Wednesday at Karachi Press Club. The protesters also strongly condemned the death of a sacked employee, Asif Raza, of KESC, who died of cardiac arrest afte
Published 22 Apr, 2010 12:00am
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