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Print - 2010-10-28
HMBL profit declines to Rs 2.138 billion

HMBL profit declines to Rs 2.138 billion

The profit after tax of Habib Metropolitan Bank Limited (HMBL) has declined to Rs 2.138 billion in the nine month period ended September 30, 2010 as compared to Rs 2.662 billion earned in the corresponding period in 2009.
Published 28 Oct, 2010 12:00am
HMBL profit declines to Rs 2.138 billion

HMBL profit declines to Rs 2.138 billion

The profit after tax of Habib Metropolitan Bank Limited (HMBL) has declined to Rs 2.138 billion in the nine month period ended September 30, 2010 as compared to Rs 2.662 billion earned in the corresponding period in 2009.
Published 28 Oct, 2010 12:00am
UPFL profit after tax increases to Rs 344.650 million

UPFL profit after tax increases to Rs 344.650 million

The profit after tax of Unilever Pakistan Foods Limited (UPFL) has increased to Rs 344.650 million in the nine month period ended September 30, 2010, as compared to Rs 182.707 million earned in the corresponding period in 2009.
Published 28 Oct, 2010 12:00am
UPFL profit after tax increases to Rs 344.650 million

UPFL profit after tax increases to Rs 344.650 million

The profit after tax of Unilever Pakistan Foods Limited (UPFL) has increased to Rs 344.650 million in the nine month period ended September 30, 2010, as compared to Rs 182.707 million earned in the corresponding period in 2009.
Published 28 Oct, 2010 12:00am
PPL bags top slot at Best Corporate Report Awards

PPL bags top slot at Best Corporate Report Awards

Pakistan Petroleum Limited's (PPL) Annual Report 2009 was chosen as the best in all sectors at the Best Corporate Report Awards (BCRA). The company also stood first among five shortlisted organisations in the fuel and energy sector for the second year in
Published 28 Oct, 2010 12:00am
Targeted killings: Sindh police provided with data, says Qadir Patel

Targeted killings: Sindh police provided with data, says Qadir Patel

Law Enforcement Agencies (LEAs), keeping aside political intervention, would continue to work for bringing back peace to the city. This was stated by Qadir Patel, Chairman, National Assembly Standing Committee on Interior in a press briefing at Central Po
Published 28 Oct, 2010 12:00am
PCDMA delegation leaves for India today

PCDMA delegation leaves for India today

A 30 member delegation of Pakistan Chemicals and Dyes Merchants Association (PCDMA), led by its delegation co-ordinator, Muhammad Qasim, will leave for India on Thursday (today) by National courier PIA.
Published 28 Oct, 2010 12:00am
Incorrect laboratory report: customs asked to waive off demurrage

Incorrect laboratory report: customs asked to waive off demurrage

Pakistan Chemicals and Dyes Merchants' Association (PCDMA) Chairman Haroon Agar has urged the chief customs collectorate Amir Ahmed Khan to waive demurrage and other charges of the consignment stuck up due to incorrect laboratory report of customs departm
Published 28 Oct, 2010 12:00am
Net profit of Hubco increased to Rs 1.269 billion

Net profit of Hubco increased to Rs 1.269 billion

The net profit of Hub Power Company (Hubco) has increased to Rs 1.269 billion in the quarter ended September 30, 2010 as compared to Rs 1.108 billion earned in the corresponding quarter in 2009.
Published 28 Oct, 2010 12:00am
Net profit of Hubco increased to Rs 1.269 billion

Net profit of Hubco increased to Rs 1.269 billion

The net profit of Hub Power Company (Hubco) has increased to Rs 1.269 billion in the quarter ended September 30, 2010 as compared to Rs 1.108 billion earned in the corresponding quarter in 2009.
Published 28 Oct, 2010 12:00am
NRL profit after tax increases to Rs 1349.376 million

NRL profit after tax increases to Rs 1349.376 million

The profit after tax of National Refinery Limited (NRL) has increased to Rs 1,349.376 million in the quarter ended September 30, 2010, as compared to Rs 677.564 million earned in the corresponding period in 2009. The board of directors of the company in i
Published 28 Oct, 2010 12:00am
NRL profit after tax increases to Rs 1349.376 million

NRL profit after tax increases to Rs 1349.376 million

The profit after tax of National Refinery Limited (NRL) has increased to Rs 1,349.376 million in the quarter ended September 30, 2010, as compared to Rs 677.564 million earned in the corresponding period in 2009. The board of directors of the company in i
Published 28 Oct, 2010 12:00am
Profit after tax of DG Khan Cement declines

Profit after tax of DG Khan Cement declines

The profit after tax of DG Khan Cement (DGKC) has declined to Rs 22.146 million in the quarter ended September 30, 2010 as compared to Rs 584.619 million earned in the corresponding period in 2009.
Published 28 Oct, 2010 12:00am
Conference on 'Corporate Governance' to be held on November 10

Conference on 'Corporate Governance' to be held on November 10

The Institute of Business Management (IoBM) is organising a conference on 'Corporate Governance/Strategy and Competitiveness' here on November 10. First of its kind, the conference is to be held in collaboration with Pakistan Institute of Corporate Govern
Published 28 Oct, 2010 12:00am
Coal clinker/ cement terminal to be set up at PQA

Coal clinker/ cement terminal to be set up at PQA

Pakistan International Container Terminal (PICT) has informed that Port Qasim Authority (PQA) has conveyed the approval of the ECC of the Cabinet Division to establish coal and clinker/cement terminal at Port Qasim on BOT basis.
Published 28 Oct, 2010 12:00am
The Weather

The Weather

The weather report on Wednesday (October 27, 2010) and the forecast for Thursday (October 28, 2010).

Published 28 Oct, 2010 12:00am
Silver price hits new high

Silver price hits new high

Silver price on Wednesday mounted to a new peak of Rs 705 per tola on the local market, said traders. Silver price jumped to the fresh high from Rs 700 per tola - a previous high level of the commodity on the local market, they said, adding the price of s
Published 28 Oct, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 27, 2010).

Published 28 Oct, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 27, 2010).

Published 28 Oct, 2010 12:00am
National Assembly body terms 1,000 appointments in PARC illegal

National Assembly body terms 1,000 appointments in PARC illegal

National Assembly Standing Committee on Food and Agriculture has recommended the Ministry of Food and Agriculture that 1000 appointments made in of Pakistan Agriculture Research Council (PARC) by its Chairman Dr Zafar Altaf are illegal, and be discontinue
Published 28 Oct, 2010 12:00am
NH&MP send quilts, medicines for flood victims

NH&MP send quilts, medicines for flood victims

National Highway and Motorway Police (NH&MP) North Zone arranged quilts, mattresses and medicines for the flood-hit people for fast approaching winter season. According to the details, on the directions of Inspector General (IG) NH&MP Dr Wasim Kauser, N-5
Published 28 Oct, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 28 Oct, 2010 12:00am
'Pakistan Square' to be set up in Santiago

'Pakistan Square' to be set up in Santiago

The Las Condes Municipality of Santiago, Chile has formally conveyed its concurrence on October 22, 2010 for setting up a "Pakistan Square" in Santiago on reciprocal basis without any financial implications. Capital Development Authority of (CDA) had earl
Published 28 Oct, 2010 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 28 Oct, 2010 12:00am
Nawaz holds Musharraf responsible for prevailing mess

Nawaz holds Musharraf responsible for prevailing mess

President Pakistan Muslim League (PML-N), Nawaz Sharif has held former President, Pervez Musharraf responsible for the prevailing mess in the country including terrorism, price hike and loadshedding that has made the life of the commonman miserable.
Published 28 Oct, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 27, 2010).

Published 28 Oct, 2010 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (October 27, 2010) and for Thursday (October 28, 2010)
Published 28 Oct, 2010 12:00am
Unescap proposes energy collaboration among Asian states

Unescap proposes energy collaboration among Asian states

United Nations Economic and Social Commission for Asia and the Pacific (Unescap) has initiated a proposal for collaboration in the area of energy efficiency in selected Asian countries being implemented through South Asian Association for Regional Co-oper
Published 28 Oct, 2010 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 27, 2010).

Published 28 Oct, 2010 12:00am
Last batch of pilgrims leaves

Last batch of pilgrims leaves

Last batch of intending pilgrims left for Holy Lands from here via Karachi on Tuesday night. In this connection, a formal ceremony was held at Haji Camp Sargodha Road where EDO (Revenue) Liaqat Ali Chattha, government officers and representatives of trade
Published 28 Oct, 2010 12:00am
Police efforts bearing fruit

Police efforts bearing fruit

The check points set up by Islamabad Police to foil untoward incidents in the capital borne fruits, as these not only proved effective in keeping the terrorists away, but also helped in recovering 109 stolen cars and huge cache of narcotics along with ill
Published 28 Oct, 2010 12:00am
Ten outlaws including a woman drug smuggler held

Ten outlaws including a woman drug smuggler held

Islamabad Police have arrested ten outlaws including a lady drug smuggler from different areas for their alleged involvement in drug pushing, dacoities and possession of illegal weapons. Drugs and arms also recovered from their possession.
Published 28 Oct, 2010 12:00am
Shares and dividend under BESOS: PC registers 42 trusts in SOEs

Shares and dividend under BESOS: PC registers 42 trusts in SOEs

For the disbursement of free of cost 12 percent GoP shares and dividend under Benazir Employees Stock Option Scheme (BESOS) the Privatisation Commission (PC) got registered 42 Trust in the State Owned Entities to benefit 96,622 workers.
Published 28 Oct, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 27, 2010).

Published 28 Oct, 2010 12:00am
BA, B Com exam forms: SU extends last date up to November 12

BA, B Com exam forms: SU extends last date up to November 12

Controller of Examinations (Annual) Sindh University (SU) Muhammad Nawaz Narejo has extended last date up to November, 12 without late fee for filling of examination forms to B.A (Regular/External), B.Sc, B.Com, B.Sc Home Economics (Regular) pass Part-I a
Published 28 Oct, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 27, 2010).

Published 28 Oct, 2010 12:00am
Jail Chowrangi flyover: CDGK short of funds to complete project

Jail Chowrangi flyover: CDGK short of funds to complete project

Jail Chowrangi flyover is yet to be completed as the City District Government Karachi (CDGK) is facing shortage of funds, Executive District Officer Works and Services Department Eng A Rasheed Mughal told Business Recorder on Wednesday.
Published 28 Oct, 2010 12:00am
RAK-FTZ conducts successful road-shows in Lahore, Faisalabad

RAK-FTZ conducts successful road-shows in Lahore, Faisalabad

Ras Al Khaimah-Free Trade Zone (RAK-FTZ) is one of the fastest growing free-trade zones in the Middle-East, which has attracted over 4000 companies from 120 countries within 10 years. Recently, the RAK-FTZ conducted two road shows in Lahore and Faisalabad
Published 28 Oct, 2010 12:00am
PTCL announces net profit of Rs 2.081 billion

PTCL announces net profit of Rs 2.081 billion

Pakistan Telecommunication Company Limited (PTCL) Wednesday announced its financial results for the first quarter ended September 30, 2010. The company has announced a net profit of Rs 2.081 billion as compared to Rs 2.568 billion recorded in the same per
Published 28 Oct, 2010 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

The rupee rates versus dollar moved both ways in the currency market on Wednesday in process of strong demand for the greenback, dealers said. The rupee dropped six paisa at 85.90 against dollar for buying and shed seven paisa at 85.95 for selling, they s
Published 28 Oct, 2010 12:00am
PTCL announces net profit of Rs 2.081 billion

PTCL announces net profit of Rs 2.081 billion

Pakistan Telecommunication Company Limited (PTCL) Wednesday announced its financial results for the first quarter ended September 30, 2010. The company has announced a net profit of Rs 2.081 billion as compared to Rs 2.568 billion recorded in the same per
Published 28 Oct, 2010 12:00am
THE RUPEE: dollar higher

THE RUPEE: dollar higher

The rupee rates versus dollar moved both ways in the currency market on Wednesday in process of strong demand for the greenback, dealers said. The rupee dropped six paisa at 85.90 against dollar for buying and shed seven paisa at 85.95 for selling, they s
Published 28 Oct, 2010 12:00am
UN bodies urge Pakistan to prevent 'victimisation'

UN bodies urge Pakistan to prevent 'victimisation'

Three UN human rights bodies on Wednesday called on Pakistan to ensure that women, minorities and the disabled were spared "further victimisation" during the recovery from devastating floods. "The floods have disproportionately affected them," they said i
Published 28 Oct, 2010 12:00am
Asma Jahangir gets 114 votes out of 228 from Karachi

Asma Jahangir gets 114 votes out of 228 from Karachi

Asma Jahangir, ex-chairperson Human Rights Commission of Pakistan (HRCP) on Wednesday won the elections for President Supreme Court Bar Association (SCBA) for 2010-11 from Karachi. She had got 114 votes out of total 228 votes. Ahmad Awais, candidate of Ha
Published 28 Oct, 2010 12:00am
NetSol to highlight flood miseries at NASDAQ on October 29

NetSol to highlight flood miseries at NASDAQ on October 29

NetSol Technologies is all set to highlight Pakistan flood miseries at the NASDAQ Stock Exchange USA on October 29 in the presence of 40 most important entrepreneurs from the corporate and NGO world. Chairman NetSol Technologies Inc Najeeb Ghauri will lea
Published 28 Oct, 2010 12:00am
Kisat to take over as chief executive of OLP

Kisat to take over as chief executive of OLP

Teizoon Kisat will take over as Chief Executive Officer of Orix Leasing Pakistan Limited (OLP) from January 1, 2011 subject to approval of Securities and Exchange Commission of Pakistan (SECP).
Published 28 Oct, 2010 12:00am
Zardari felicitates Asma

Zardari felicitates Asma

President Asif Ali Zardari has felicitated Asma Jahangir on her election as President Supreme Court Bar Association (SCBA). Felicitating Asma Jehangir on her victory, the President said, the legal fraternity and lawyers community have reposed confidence i
Published 28 Oct, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (October 27, 2010).

Published 28 Oct, 2010 12:00am
Zamzama gas field goes on ATA for nine days

Zamzama gas field goes on ATA for nine days

Zamzama gas field has gone on its Annual Turn around (ATA) from 26/27.10.2010 (mid night) for 9 days till 04/05.11.2010 (mid night). According to the spokesperson of the Sui Northern Gas Pipelines Limited (SNGPL) Zamzama gas field has gone on its Annual T
Published 28 Oct, 2010 12:00am
Chilean firm to explore investment scope in various sectors

Chilean firm to explore investment scope in various sectors

Leader of Chilean delegation and Chairman Luksic Group, Andronico Luksic has said that his group will explore possibilities of making maximum investment and having cooperation with Government in various sectors during the current visit.
Published 28 Oct, 2010 12:00am
Zardari, WHO DG discuss medical facilities in flood hit areas

Zardari, WHO DG discuss medical facilities in flood hit areas

Dr Margaret Chan, World Health Organisation (WHO) Director General on Wednesday called on President Asif Ali Zardari at Aiwan-e-Sadr and discussed matters relating to medical facilities in flood affected areas. Dr Hussein A. Gezairy, WHO Director of the E
Published 28 Oct, 2010 12:00am
Suspected US missile strikes kill seven

Suspected US missile strikes kill seven

Suspected US drones fired missiles at a house and a vehicle in a militant-infested area of northwestern country near the Afghan border on Wednesday, killing seven people, intelligence officials said. The strikes were nearly 12 hours apart in the North Waz
Published 28 Oct, 2010 12:00am
Two killed in Quetta blast

Two killed in Quetta blast

At least two persons were killed and six others injured including police personnel in a bomb blast took place on Sariab Road Quetta on Wednesday. According to police sources, unidentified men had planted a 3-kg explosive material in an electricity pylon i
Published 28 Oct, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Oct, 2010 12:00am
Two killed in Quetta blast

Two killed in Quetta blast

At least two persons were killed and six others injured including police personnel in a bomb blast took place on Sariab Road Quetta on Wednesday. According to police sources, unidentified men had planted a 3-kg explosive material in an electricity pylon i
Published 28 Oct, 2010 12:00am
Board meetings in progress

Board meetings in progress

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

Published 28 Oct, 2010 12:00am
India fears Obama visit may trigger attacks

India fears Obama visit may trigger attacks

India's senior security official said Wednesday that an upcoming visit by US President Barack Obama may trigger attacks from militants fighting over held Kashmir. Home Secretary G.K. Pillai told the CNN-IBN television station that "from the publicity poin
Published 28 Oct, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Oct, 2010 12:00am
India fears Obama visit may trigger attacks

India fears Obama visit may trigger attacks

India's senior security official said Wednesday that an upcoming visit by US President Barack Obama may trigger attacks from militants fighting over held Kashmir. Home Secretary G.K. Pillai told the CNN-IBN television station that "from the publicity poin
Published 28 Oct, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 28 Oct, 2010 12:00am
Consumer Lucky Draw Scheme from January

Consumer Lucky Draw Scheme from January

The Federal Board of Revenue (FBR) has decided to launch Consumer Lucky Draw Scheme in January 2011 in all major cities including Karachi, Lahore, Sialkot, Faisalabad and Islamabad with monthly prizes of Rs 6 million to encourage documentation in the coun
Published 28 Oct, 2010 12:00am
Consumer Lucky Draw Scheme from January

Consumer Lucky Draw Scheme from January

The Federal Board of Revenue (FBR) has decided to launch Consumer Lucky Draw Scheme in January 2011 in all major cities including Karachi, Lahore, Sialkot, Faisalabad and Islamabad with monthly prizes of Rs 6 million to encourage documentation in the coun
Published 28 Oct, 2010 12:00am
Consumer Lucky Draw Scheme from January

Consumer Lucky Draw Scheme from January

The Federal Board of Revenue (FBR) has decided to launch Consumer Lucky Draw Scheme in January 2011 in all major cities including Karachi, Lahore, Sialkot, Faisalabad and Islamabad with monthly prizes of Rs 6 million to encourage documentation in the coun
Published 28 Oct, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Oct, 2010 12:00am
Consumer Lucky Draw Scheme from January

Consumer Lucky Draw Scheme from January

The Federal Board of Revenue (FBR) has decided to launch Consumer Lucky Draw Scheme in January 2011 in all major cities including Karachi, Lahore, Sialkot, Faisalabad and Islamabad with monthly prizes of Rs 6 million to encourage documentation in the coun
Published 28 Oct, 2010 12:00am
US man arrested for plotting attacks: Washington subway

US man arrested for plotting attacks: Washington subway

A Pakistani-American was arrested Wednesday for plotting attacks on subway stations in and around Washington with people he believed were tied to al Qaeda, US officials said. Farooque Ahmed, 34, who lived in the Virginia suburbs of Washington, had been al
Published 28 Oct, 2010 12:00am
US man arrested for plotting attacks: Washington subway

US man arrested for plotting attacks: Washington subway

A Pakistani-American was arrested Wednesday for plotting attacks on subway stations in and around Washington with people he believed were tied to al Qaeda, US officials said. Farooque Ahmed, 34, who lived in the Virginia suburbs of Washington, had been al
Published 28 Oct, 2010 12:00am
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