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Print - 2011-04-05
Police arrest cannibal suspects, recover flesh

Police arrest cannibal suspects, recover flesh

Police said Monday they had arrested two middle-aged brothers on suspicion of stealing and eating human flesh in an investigation into cannibalism that has shocked a remote town. "We arrested the two men from Kohar Kalan village on Sunday after it was rev
Published 05 Apr, 2011 12:00am
Khan Khwar Hydropower Station begins operation

Khan Khwar Hydropower Station begins operation

With the availability of water, both main units of Khan Khwar Hydropower Station have started generating 68 megawatt (MW) electricity as per their cumulative installed capacity, delivering over 1.1 million units of electricity to the national grid daily,
Published 05 Apr, 2011 12:00am
UHS wins British Council's 'Inspire' grant

UHS wins British Council's 'Inspire' grant

The University of Health Sciences (UHS) has been awarded the prestigious 'Inspire' grant by the British Council for supporting joint academic and research programmes with University of Liverpool, UK. The UHS project has been selected as one of the 17 succ
Published 05 Apr, 2011 12:00am
Karakoram Highway: NHA reviews various options for realignment

Karakoram Highway: NHA reviews various options for realignment

Executive Board of National Highway Authority (NHA) met here on Monday with Muhammad Junaid-Chairman NHA in the chair, in which matters relating to various NHA schemes were discussed in detail. The meeting reviewed various options for realignment of Karak
Published 05 Apr, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Apr, 2011 12:00am
Clearing agents agree on e-filing Conditionally

Clearing agents agree on e-filing Conditionally

Frontier Custom Agents Group and All Torkhem Custom Clearing Agents Association has expressed its conditional consent to the order of Collectorate Customs Peshawar regarding e-filing of Goods Declaration at Torkhem with uninterrupted power supply, DSL and
Published 05 Apr, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Apr, 2011 12:00am
Gilani invites Japanese investors to Pakistan

Gilani invites Japanese investors to Pakistan

Prime Minister Yousuf Raza Gilani said on Monday that Pakistan offers lucrative business-friendly environment for foreign investors and urged Japanese investors to beneefit from the incentives. Talking to outgoing Ambassador of Japan Chihiro Atsumi at the
Published 05 Apr, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 05 Apr, 2011 12:00am
Afghan policeman kills two US troops

Afghan policeman kills two US troops

Two American soldiers from the Nato alliance were Monday shot dead by an Afghan border policeman in the north of the country, military officials said. Nato confirmed the deaths, the latest attack on international soldiers, and said it was investigating th
Published 05 Apr, 2011 12:00am
Afghan policeman kills two US troops

Afghan policeman kills two US troops

Two American soldiers from the Nato alliance were Monday shot dead by an Afghan border policeman in the north of the country, military officials said. Nato confirmed the deaths, the latest attack on international soldiers, and said it was investigating th
Published 05 Apr, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 05 Apr, 2011 12:00am
MQM supports AKTI strike call

MQM supports AKTI strike call

Muttahida Qaumi Movement (MQM), Rabita Committee has announced support for the strike-call given by All Karachi Tajir Ittehad (AKTI) on Tuesday. In a statement issued by MQM on Monday, the Rabita Committee said Karachi is economic hub of the country and t
Published 05 Apr, 2011 12:00am
MQM supports AKTI strike call

MQM supports AKTI strike call

Muttahida Qaumi Movement (MQM), Rabita Committee has announced support for the strike-call given by All Karachi Tajir Ittehad (AKTI) on Tuesday. In a statement issued by MQM on Monday, the Rabita Committee said Karachi is economic hub of the country and t
Published 05 Apr, 2011 12:00am
MQM supports AKTI strike call

MQM supports AKTI strike call

Muttahida Qaumi Movement (MQM), Rabita Committee has announced support for the strike-call given by All Karachi Tajir Ittehad (AKTI) on Tuesday. In a statement issued by MQM on Monday, the Rabita Committee said Karachi is economic hub of the country and t
Published 05 Apr, 2011 12:00am
Karachi traders divided over strike call

Karachi traders divided over strike call

The Karachi Chamber of Commerce and Industry (KCCI) has warned of an indefinite strike it its demands not met by April 12. However, disagreeing with the Chamber''s decision, the All Karachi Tajir Ittehad announced a complete shutter-down strike on April 5
Published 05 Apr, 2011 12:00am
Karachi traders divided over strike call

Karachi traders divided over strike call

The Karachi Chamber of Commerce and Industry (KCCI) has warned of an indefinite strike it its demands not met by April 12. However, disagreeing with the Chamber's decision, the All Karachi Tajir Ittehad announced a complete shutter-down strike on April 5.
Published 05 Apr, 2011 12:00am
Karachi traders divided over strike call

Karachi traders divided over strike call

The Karachi Chamber of Commerce and Industry (KCCI) has warned of an indefinite strike it its demands not met by April 12. However, disagreeing with the Chamber's decision, the All Karachi Tajir Ittehad announced a complete shutter-down strike on April 5.
Published 05 Apr, 2011 12:00am
SBP wants tax base broadening swiftly

SBP wants tax base broadening swiftly

Economy has shown signs of improvement but quick steps are needed to broaden the tax base to benefit from the growth in untaxed sectors, such as agriculture, the country''s central bank governor said on Monday. Shahid Kardar, governor of the State Bank of
Published 05 Apr, 2011 12:00am
SBP wants tax base broadening swiftly

SBP wants tax base broadening swiftly

Economy has shown signs of improvement but quick steps are needed to broaden the tax base to benefit from the growth in untaxed sectors, such as agriculture, the country's central bank governor said on Monday. Shahid Kardar, governor of the State Bank of
Published 05 Apr, 2011 12:00am
SBP wants tax base broadening swiftly

SBP wants tax base broadening swiftly

Economy has shown signs of improvement but quick steps are needed to broaden the tax base to benefit from the growth in untaxed sectors, such as agriculture, the country's central bank governor said on Monday. Shahid Kardar, governor of the State Bank of
Published 05 Apr, 2011 12:00am
Obama announces 2012 re-election bid

Obama announces 2012 re-election bid

US President Barack Obama on Monday formally announced his 2012 re-election bid, saying the country needed "to protect the progress" it had made. "Today, we are filing papers to launch our 2012 campaign," Obama said in a statement. He explained that as hi
Published 05 Apr, 2011 12:00am
Obama announces 2012 re-election bid

Obama announces 2012 re-election bid

US President Barack Obama on Monday formally announced his 2012 re-election bid, saying the country needed "to protect the progress" it had made. "Today, we are filing papers to launch our 2012 campaign," Obama said in a statement. He explained that as hi
Published 05 Apr, 2011 12:00am
LHC allows government to examine record of Bhutto trial

LHC allows government to examine record of Bhutto trial

The Lahore High Court Chief Justice on Monday allowed the consultant of law ministry Arif Chaudhry to examine the record of murder case against former Prime Minister Zulifkar Ali Bhutto. An application was submitted to the LHC registrar Abdus Sattar Asgha
Published 05 Apr, 2011 12:00am
LHC allows government to examine record of Bhutto trial

LHC allows government to examine record of Bhutto trial

The Lahore High Court Chief Justice on Monday allowed the consultant of law ministry Arif Chaudhry to examine the record of murder case against former Prime Minister Zulifkar Ali Bhutto. An application was submitted to the LHC registrar Abdus Sattar Asgha
Published 05 Apr, 2011 12:00am
Tariq Kirmani new NBP director

Tariq Kirmani new NBP director

Tariq Kirmani has appointed as Director of National Bank of Pakistan (NBP). In the 62nd annual general meeting of NBP held on March 30, 2011, Karachi Tariq Kirmani was elected unopposed as Director of NBP representing private shareholders as one nominatio
Published 05 Apr, 2011 12:00am
Tariq Kirmani new NBP director

Tariq Kirmani new NBP director

Tariq Kirmani has appointed as Director of National Bank of Pakistan (NBP). In the 62nd annual general meeting of NBP held on March 30, 2011, Karachi Tariq Kirmani was elected unopposed as Director of NBP representing private shareholders as one nominatio
Published 05 Apr, 2011 12:00am
Tariq Kirmani new NBP director

Tariq Kirmani new NBP director

Tariq Kirmani has appointed as Director of National Bank of Pakistan (NBP). In the 62nd annual general meeting of NBP held on March 30, 2011, Karachi Tariq Kirmani was elected unopposed as Director of NBP representing private shareholders as one nominatio
Published 05 Apr, 2011 12:00am
SECP completes proceedings against nine non-compliant firms

SECP completes proceedings against nine non-compliant firms

The Securities and Exchange Commission of Pakistan (SECP) has completed proceedings against nine companies for improper issue, circulation or publication of balance sheet or profit-and-loss account and penalties were imposed on certain companies during 20
Published 05 Apr, 2011 12:00am
SECP completes proceedings against nine non-compliant firms

SECP completes proceedings against nine non-compliant firms

The Securities and Exchange Commission of Pakistan (SECP) has completed proceedings against nine companies for improper issue, circulation or publication of balance sheet or profit-and-loss account and penalties were imposed on certain companies during 20
Published 05 Apr, 2011 12:00am
SECP completes proceedings against nine non-compliant firms

SECP completes proceedings against nine non-compliant firms

The Securities and Exchange Commission of Pakistan (SECP) has completed proceedings against nine companies for improper issue, circulation or publication of balance sheet or profit-and-loss account and penalties were imposed on certain companies during 20
Published 05 Apr, 2011 12:00am
First of Jamadi-ul-Awwal today

First of Jamadi-ul-Awwal today

The Jamadi-ul- Awwal moon has been sighted and the first of Jamadi-ul- Awwal will fall on Tuesday (today). This was announced here on Monday by the Chairman of Central Ruet-i-Hilal Committee, Mufti Munib-ur- Rehman. He chaired a meeting of the Central Rue
Published 05 Apr, 2011 12:00am
First of Jamadi-ul-Awwal today

First of Jamadi-ul-Awwal today

The Jamadi-ul- Awwal moon has been sighted and the first of Jamadi-ul- Awwal will fall on Tuesday (today). This was announced here on Monday by the Chairman of Central Ruet-i-Hilal Committee, Mufti Munib-ur- Rehman. He chaired a meeting of the Central Rue
Published 05 Apr, 2011 12:00am
Obama U-turn: US to try 9/11 accused at Guantanamo

Obama U-turn: US to try 9/11 accused at Guantanamo

In a major about-face, the Obama administration said on Monday that 9/11 mastermind Khalid Sheikh Mohammed and four alleged co-conspirators will be tried by a military tribunal at Guantanamo rather than a civilian court in New York. Attorney General Eric
Published 05 Apr, 2011 12:00am
Obama U-turn: US to try 9/11 accused at Guantanamo

Obama U-turn: US to try 9/11 accused at Guantanamo

In a major about-face, the Obama administration said on Monday that 9/11 mastermind Khalid Sheikh Mohammed and four alleged co-conspirators will be tried by a military tribunal at Guantanamo rather than a civilian court in New York. Attorney General Eric
Published 05 Apr, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Monday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 18.03 points from 2617.89 points to 2599.86 points. Turnover amounted to 3,520 shares as comp
Published 05 Apr, 2011 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at Islamabad Stock Exchange (ISE) on Monday where equities showed negative signs amid decrease in index. ISE-10 Index was down by 18.03 points from 2617.89 points to 2599.86 points. Turnover amounted to 3,520 shares as comp
Published 05 Apr, 2011 12:00am
LSE index loses 16.45 points

LSE index loses 16.45 points

Equities moved both ways on Lahore Stock Exchange on Monday and ended on mixed note amid marginally improved trading turnover following fresh buying in selective shares. The LSE-25 index lost 16.45 points and closed at 3333.89 points against 3350.34 point
Published 05 Apr, 2011 12:00am
LSE index loses 16.45 points

LSE index loses 16.45 points

Equities moved both ways on Lahore Stock Exchange on Monday and ended on mixed note amid marginally improved trading turnover following fresh buying in selective shares. The LSE-25 index lost 16.45 points and closed at 3333.89 points against 3350.34 point
Published 05 Apr, 2011 12:00am
Eight killed in suicide blast

Eight killed in suicide blast

A teenaged suicide bomber struck a bus terminal in Lower Dir on Monday, killing eight people, police said. The bomb, apparently targeting an anti-Taliban militia leader, exploded in the small town of Jandol in the district of Lower Dir. Dir district polic
Published 05 Apr, 2011 12:00am
Eight killed in suicide blast

Eight killed in suicide blast

A teenaged suicide bomber struck a bus terminal in Lower Dir on Monday, killing eight people, police said. The bomb, apparently targeting an anti-Taliban militia leader, exploded in the small town of Jandol in the district of Lower Dir. Dir district polic
Published 05 Apr, 2011 12:00am
Holy Quran burning is 'un-American': White House

Holy Quran burning is 'un-American': White House

The White House on Monday slammed Holy Quran burning as "un-American" but said a US pastor's desecration of the Muslim holy book did not justify the killings of UN personnel in Afghanistan. "We absolutely condemn the burning of a holy text. We think it is
Published 05 Apr, 2011 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (April 04, 2011).
Published 05 Apr, 2011 12:00am
Holy Quran burning is 'un-American': White House

Holy Quran burning is 'un-American': White House

The White House on Monday slammed Holy Quran burning as "un-American" but said a US pastor's desecration of the Muslim holy book did not justify the killings of UN personnel in Afghanistan. "We absolutely condemn the burning of a holy text. We think it is
Published 05 Apr, 2011 12:00am
''Mashal LNG'' contract: SSGC to send legal notice to 4Gas group

''Mashal LNG'' contract: SSGC to send legal notice to 4Gas group

The Sui Southern Gas Company (SSGC) has decided to send a legal notice to the consortium of Dutch firm ''4Gas'' and French firm ''GDF-Suez to formally scrap the multibillion dollars ''Mashal LNG'' import contract, Business Recorder has learnt.
Published 05 Apr, 2011 12:00am
'Mashal LNG' contract: SSGC to send legal notice to 4Gas group

'Mashal LNG' contract: SSGC to send legal notice to 4Gas group

The Sui Southern Gas Company (SSGC) has decided to send a legal notice to the consortium of Dutch firm '4Gas' and French firm 'GDF-Suez to formally scrap the multibillion dollars 'Mashal LNG' import contract, Business Recorder has learnt.
Published 05 Apr, 2011 12:00am
'Mashal LNG' contract: SSGC to send legal notice to 4Gas group

'Mashal LNG' contract: SSGC to send legal notice to 4Gas group

The Sui Southern Gas Company (SSGC) has decided to send a legal notice to the consortium of Dutch firm '4Gas' and French firm 'GDF-Suez to formally scrap the multibillion dollars 'Mashal LNG' import contract, Business Recorder has learnt.
Published 05 Apr, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (April 04, 2011).

Published 05 Apr, 2011 12:00am
Arab unrest: perspectives - XVII

Arab unrest: perspectives - XVII

"America's founders knew all too well how war appeals to the vanity of rulers and their thirst for glory. That's why they took care to deny presidents the kingly privilege of making war at their own discretion. But after 9/11 President Bush, with obvious
Published 05 Apr, 2011 12:00am
Arab unrest: perspectives - XVII

Arab unrest: perspectives - XVII

"America's founders knew all too well how war appeals to the vanity of rulers and their thirst for glory. That's why they took care to deny presidents the kingly privilege of making war at their own discretion. But after 9/11 President Bush, with obvious
Published 05 Apr, 2011 12:00am
17 dead in Yemen, Saleh slips out of US favour

17 dead in Yemen, Saleh slips out of US favour

Yemeni security forces shot dead at least 17 protesters on Monday as Gulf states offered their mediation and Washington reportedly pulled the plug on embattled President Ali Abdullah Saleh. "The death toll has gone up to 17," said Sadeq al-Shujaa, head of
Published 05 Apr, 2011 12:00am
17 dead in Yemen, Saleh slips out of US favour

17 dead in Yemen, Saleh slips out of US favour

Yemeni security forces shot dead at least 17 protesters on Monday as Gulf states offered their mediation and Washington reportedly pulled the plug on embattled President Ali Abdullah Saleh. "The death toll has gone up to 17," said Sadeq al-Shujaa, head of
Published 05 Apr, 2011 12:00am
Army says no to 'Khomeini rule' in Egypt

Army says no to 'Khomeini rule' in Egypt

Egypt will not be ruled by "another (Ayatollah) Khomeini," the country's military said on Monday, the official MENA news agency reported. "Egypt will not be governed by another Khomeini," the Supreme Council of the Armed Forces said after a three-hour mee
Published 05 Apr, 2011 12:00am
Army says no to 'Khomeini rule' in Egypt

Army says no to 'Khomeini rule' in Egypt

Egypt will not be ruled by "another (Ayatollah) Khomeini," the country's military said on Monday, the official MENA news agency reported. "Egypt will not be governed by another Khomeini," the Supreme Council of the Armed Forces said after a three-hour mee
Published 05 Apr, 2011 12:00am
Iran predicts oil at $150 a barrel

Iran predicts oil at $150 a barrel

Iranian President Mahmoud Ahmadinejad predicted on Monday that the price of crude oil will increase in future to $150 a barrel due to "political circumstances" and not market factors. "The political circumstances are deciding the prices ... not the market
Published 05 Apr, 2011 12:00am
Iran predicts oil at $150 a barrel

Iran predicts oil at $150 a barrel

Iranian President Mahmoud Ahmadinejad predicted on Monday that the price of crude oil will increase in future to $150 a barrel due to "political circumstances" and not market factors. "The political circumstances are deciding the prices ... not the market
Published 05 Apr, 2011 12:00am