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Print - 2011-08-17
Faculty members point out irregularities in UET IB&M

Faculty members point out irregularities in UET IB&M

As many as five former and sitting faculty members of the Institute of Business and Management (IB&M), University of Engineering and Technology (UET) have pointed out gross irregularities in academic, financial and administrative affairs of IB&M, UET.
Published 17 Aug, 2011 12:00am
Emergency plan afoot to eradicate polio: Khosa

Emergency plan afoot to eradicate polio: Khosa

Punjab government has planned to implement a comprehensive strategy to eradicate polio from the province. In this regard, the provincial government is implementing well-designed 'Emergency Action Plan' in collaboration with all the line departments and do
Published 17 Aug, 2011 12:00am
Floodwater in river Sutlej safely passes through Kasur district: DCO

Floodwater in river Sutlej safely passes through Kasur district: DCO

The much needed floodwater in the dormant river Sutlej safely passed through district Kasur on Tuesday with the maximum flow of 39,000 cusecs that would boost agriculture and livestock in the area, District Co-ordination Officer, Kasur told Business Re
Published 17 Aug, 2011 12:00am
Seminar on functional and nutraceuticals foods held

Seminar on functional and nutraceuticals foods held

Functional foods and diets rich in nutraceuticals along with regular exercise may help reduce risk of diseases, said Professor Dr Masood Sadiq Butt in the closing session of one-day seminar on Functional and Nutraceutical Foods (Let Food Be the Medicine).
Published 17 Aug, 2011 12:00am
UN agencies waiting for green signal to help rain victims

UN agencies waiting for green signal to help rain victims

World Food Programme (WFP) and other United Nations (UN) humanitarian agencies, closely watching the situation of rains affected areas of Sindh and Punjab, are waiting for a green signal from the government to start the relief operation. Talking to newsme
Published 17 Aug, 2011 12:00am
Need for setting up more small industrial estates stressed

Need for setting up more small industrial estates stressed

President Sialkot Chamber of Commerce and Industry (SCCI) Ghulam Mustafa Choudary has said that in order to make vibrant economic activities and industrial development there is a great need of setting up more small industrial estates in this export-orient
Published 17 Aug, 2011 12:00am
PRGMEA proposes setting up of Textile Industry Federation

PRGMEA proposes setting up of Textile Industry Federation

Central Chairman Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) Ijaz A. Khokhar has proposed setting up of Federation of Pakistan Textile Industry (FPTI), a forum of all associations of textile sector. He put forward this propo
Published 17 Aug, 2011 12:00am
Attacks on NTDC supply system increase

Attacks on NTDC supply system increase

Incidents of attacks on the supply system of National Transmission Line and Despatch Company (NTDC) have increased in Balochistan and Khyber Pakhtunkhwa. According to Pepco spokesman, five towers of the company had been blown up by miscreants in last thre
Published 17 Aug, 2011 12:00am
National Assembly body seeks details of NBP achievement awards

National Assembly body seeks details of NBP achievement awards

The National Assembly Standing Committee on Human Rights Tuesday summoned details of the achievements awards of National Bank of Pakistan (NBP) distributed among top management of the bank during 2008-10. The parliamentary panel on Human Rights, which met
Published 17 Aug, 2011 12:00am
'PML-N ready to hold another long march'

'PML-N ready to hold another long march'

Pakistan Muslim League-Nawaz President, Mian Nawaz Sharif Tuesday said the PML-N is ready to hold another long march for provision of rights to the people. "The PML-N will not hesitate, if need arises, to hold a long march from Karachi to Islamabad for th
Published 17 Aug, 2011 12:00am
Price of rice increased by 23 percent: World Bank report

Price of rice increased by 23 percent: World Bank report

The price of rice in Pakistan has increased by 23 percent within a brief period of one year, from June 2010 to June 2011, a World Bank report says. The report titled 'Food Price Watch' says that from June 2010 to June 2011, the price of rice in the domest
Published 17 Aug, 2011 12:00am
The Weather

The Weather

The weather report on Tuesday (August 16, 2011) and the forecast for Wednesday (August 17, 2011).

Published 17 Aug, 2011 12:00am
UAE grants pardon to 80 Pakistani prisoners

UAE grants pardon to 80 Pakistani prisoners

The United Arab Emirates (UAE) has granted pardon to 80 Pakistani prisoners languishing in different jails in the UAE, a statement by Pakistan Embassy in Abu Dhabi said on Tuesday. The cases of several prisoners were submitted to Sheikh Khalifa Bin Zayed
Published 17 Aug, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (August 16, 2011).

Published 17 Aug, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (August 16, 2011).

Published 17 Aug, 2011 12:00am
LCCI concerned over dacoity in Karachi

LCCI concerned over dacoity in Karachi

The Lahore Chamber of Commerce and Industry (LCCI)'s office-bearers have expressed deep concern over broad daylight dacoity in Karachi wherein a 40-feet container loaded with auto-parts of M/s Badami Bagh Motors, which was on its way to Lahore, was looted
Published 17 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 17 Aug, 2011 12:00am
Government urged to check fertilisers' black marketing

Government urged to check fertilisers' black marketing

Kisan Board Pakistan (KBP) has urged federal and provincial governments to play their role in checking black marketing of fertilisers and ensure their availability to farmers. KBP Central President, Sardar Zafar Hussein Khan in a statement, issued here Tu
Published 17 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 17 Aug, 2011 12:00am
Scuffles outside Israel parliament as MPs debate protests

Scuffles outside Israel parliament as MPs debate protests

Hundreds of Israeli youngsters scuffled with police outside the parliament on Tuesday as MPs held a special debate on the huge cost-of-living protests sweeping the country, an AFP correspondent said. The demonstrations were timed to coincide with a specia
Published 17 Aug, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (August 16, 2011).

Published 17 Aug, 2011 12:00am
Scuffles outside Israel parliament as MPs debate protests

Scuffles outside Israel parliament as MPs debate protests

Hundreds of Israeli youngsters scuffled with police outside the parliament on Tuesday as MPs held a special debate on the huge cost-of-living protests sweeping the country, an AFP correspondent said. The demonstrations were timed to coincide with a specia
Published 17 Aug, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (August 16, 2011) and for Wednesday (August 17, 2011).
Published 17 Aug, 2011 12:00am
US urges Turks, Saudis to press Assad to step down

US urges Turks, Saudis to press Assad to step down

Secretary of State Hillary Clinton said Tuesday that Turkey, Saudi Arabia and other governments should call on Syrian President Bashar al-Assad to step down, but declined to make that call herself. "It's not going to be any news if the United States says
Published 17 Aug, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 16, 2011).

Published 17 Aug, 2011 12:00am
US urges Turks, Saudis to press Assad to step down

US urges Turks, Saudis to press Assad to step down

Secretary of State Hillary Clinton said Tuesday that Turkey, Saudi Arabia and other governments should call on Syrian President Bashar al-Assad to step down, but declined to make that call herself. "It's not going to be any news if the United States says
Published 17 Aug, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (August 16, 2011).

Published 17 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 16, 2011).

Published 17 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 16, 2011).

Published 17 Aug, 2011 12:00am
China rejects report of bin Laden raid helicopter access

China rejects report of bin Laden raid helicopter access

China on Tuesday dismissed a report that Pakistan gave it access to an advanced US "stealth" helicopter that crashed during the raid that killed Osama bin Laden in May. During the raid, one of two Blackhawk helicopters - believed to use advanced stealth t
Published 17 Aug, 2011 12:00am
China rejects report of bin Laden raid helicopter access

China rejects report of bin Laden raid helicopter access

China on Tuesday dismissed a report that Pakistan gave it access to an advanced US "stealth" helicopter that crashed during the raid that killed Osama bin Laden in May. During the raid, one of two Blackhawk helicopters - believed to use advanced stealth t
Published 17 Aug, 2011 12:00am
HTC accuses Apple of patent infringement

HTC accuses Apple of patent infringement

Taiwan''s HTC Corp has accused Apple of patent infringement in the latest salvo in an ongoing legal battle between the smartphone giants. HTC, in the lawsuit filed on Monday in US District Court in the state of Delaware, accused Apple of violating three H
Published 17 Aug, 2011 12:00am
THE RUPEE: dollar lower

THE RUPEE: dollar lower

The rupee managed to recover against dollar on the currency market on Tuesday in process of trading, dealers said. The rupee picked up six paisa in relation to the greenback for buying at 86.58 and rose by five paisa for selling at 86.63, they said.
Published 17 Aug, 2011 12:00am
HTC accuses Apple of patent infringement

HTC accuses Apple of patent infringement

Taiwan's HTC Corp has accused Apple of patent infringement in the latest salvo in an ongoing legal battle between the smartphone giants. HTC, in the lawsuit filed on Monday in US District Court in the state of Delaware, accused Apple of violating three HT
Published 17 Aug, 2011 12:00am
THE RUPEE: dollar lower

THE RUPEE: dollar lower

The rupee managed to recover against dollar on the currency market on Tuesday in process of trading, dealers said. The rupee picked up six paisa in relation to the greenback for buying at 86.58 and rose by five paisa for selling at 86.63, they said.
Published 17 Aug, 2011 12:00am
HTC accuses Apple of patent infringement

HTC accuses Apple of patent infringement

Taiwan's HTC Corp has accused Apple of patent infringement in the latest salvo in an ongoing legal battle between the smartphone giants. HTC, in the lawsuit filed on Monday in US District Court in the state of Delaware, accused Apple of violating three HT
Published 17 Aug, 2011 12:00am
FBR to give legal cover: ST, FED fraud cases detected by DGCI

FBR to give legal cover: ST, FED fraud cases detected by DGCI

The Federal Board of Revenue (FBR) has decided to give legal cover to the cases of sales tax and federal excise mega tax frauds detected by the Directorate General of Customs Intelligence for completion of investigation and prosecution by June 30, 2012.
Published 17 Aug, 2011 12:00am
FBR to give legal cover: ST, FED fraud cases detected by DGCI

FBR to give legal cover: ST, FED fraud cases detected by DGCI

The Federal Board of Revenue (FBR) has decided to give legal cover to the cases of sales tax and federal excise mega tax frauds detected by the Directorate General of Customs Intelligence for completion of investigation and prosecution by June 30, 2012.
Published 17 Aug, 2011 12:00am
FBR to give legal cover: ST, FED fraud cases detected by DGCI

FBR to give legal cover: ST, FED fraud cases detected by DGCI

The Federal Board of Revenue (FBR) has decided to give legal cover to the cases of sales tax and federal excise mega tax frauds detected by the Directorate General of Customs Intelligence for completion of investigation and prosecution by June 30, 2012.
Published 17 Aug, 2011 12:00am
McCain meets occupied Kashmir officials

McCain meets occupied Kashmir officials

US senator John McCain held discussions "on various important issues" with India's top representative in Kashmir and senior Indian army officials on Tuesday, the government said. "During their wide-ranging discussions lasting for about two hours, Senator
Published 17 Aug, 2011 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (August 16, 2011).

Published 17 Aug, 2011 12:00am
McCain meets occupied Kashmir officials

McCain meets occupied Kashmir officials

US senator John McCain held discussions "on various important issues" with India's top representative in Kashmir and senior Indian army officials on Tuesday, the government said. "During their wide-ranging discussions lasting for about two hours, Senator
Published 17 Aug, 2011 12:00am
Sri Lanka signs $500 million port deal with China

Sri Lanka signs $500 million port deal with China

Sri Lanka on Tuesday announced it had clinched its largest ever single foreign investment deal by signing a $500-million contract with a Chinese-led consortium to build a new container terminal. The investment is the latest by China in the tropical island
Published 17 Aug, 2011 12:00am
Sri Lanka signs $500 million port deal with China

Sri Lanka signs $500 million port deal with China

Sri Lanka on Tuesday announced it had clinched its largest ever single foreign investment deal by signing a $500-million contract with a Chinese-led consortium to build a new container terminal. The investment is the latest by China in the tropical island
Published 17 Aug, 2011 12:00am
Sri Lanka signs $500 million port deal with China

Sri Lanka signs $500 million port deal with China

Sri Lanka on Tuesday announced it had clinched its largest ever single foreign investment deal by signing a $500-million contract with a Chinese-led consortium to build a new container terminal. The investment is the latest by China in the tropical island
Published 17 Aug, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 Aug, 2011 12:00am
Board meetings in progress

Board meetings in progress

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

Published 17 Aug, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 17 Aug, 2011 12:00am
Drone strike kills four militants

Drone strike kills four militants

A US drone strike in Miranshah killed at least four militants on Tuesday, officials said. The unmanned aircraft fired two missiles, hitting a compound and a vehicle parked outside it in Miranshah, a senior security official told AFP. "At least four milita
Published 17 Aug, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 17 Aug, 2011 12:00am
Drone strike kills four militants

Drone strike kills four militants

A US drone strike in Miranshah killed at least four militants on Tuesday, officials said. The unmanned aircraft fired two missiles, hitting a compound and a vehicle parked outside it in Miranshah, a senior security official told AFP. "At least four milita
Published 17 Aug, 2011 12:00am
US risks losing ''Arab Spring'' opportunity: Clinton

US risks losing ''Arab Spring'' opportunity: Clinton

The United States may lose its chance to reshape the politics of the Middle East if budget pressures hobble US support for democratic forces emerging in countries such as Egypt and Tunisia, US Secretary of State Hillary Clinton said on Tuesday. Clinton an
Published 17 Aug, 2011 12:00am
US risks losing 'Arab Spring' opportunity: Clinton

US risks losing 'Arab Spring' opportunity: Clinton

The United States may lose its chance to reshape the politics of the Middle East if budget pressures hobble US support for democratic forces emerging in countries such as Egypt and Tunisia, US Secretary of State Hillary Clinton said on Tuesday. Clinton an
Published 17 Aug, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 17 Aug, 2011 12:00am
US risks losing 'Arab Spring' opportunity: Clinton

US risks losing 'Arab Spring' opportunity: Clinton

The United States may lose its chance to reshape the politics of the Middle East if budget pressures hobble US support for democratic forces emerging in countries such as Egypt and Tunisia, US Secretary of State Hillary Clinton said on Tuesday. Clinton an
Published 17 Aug, 2011 12:00am
PC invites EoIs for NPCC

PC invites EoIs for NPCC

The Privatisation Commission (PC) has invited potential investors to submit their Expressions of Interest (EoIs) by September 17, 2011 to acquire and efficiently manage the National Power Construction Corporation (NPCC) through the acquisition of minimum
Published 17 Aug, 2011 12:00am
PC invites EoIs for NPCC

PC invites EoIs for NPCC

The Privatisation Commission (PC) has invited potential investors to submit their Expressions of Interest (EoIs) by September 17, 2011 to acquire and efficiently manage the National Power Construction Corporation (NPCC) through the acquisition of minimum
Published 17 Aug, 2011 12:00am
PC invites EoIs for NPCC

PC invites EoIs for NPCC

The Privatisation Commission (PC) has invited potential investors to submit their Expressions of Interest (EoIs) by September 17, 2011 to acquire and efficiently manage the National Power Construction Corporation (NPCC) through the acquisition of minimum
Published 17 Aug, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 22.56 points, as the Index moved from 2,418.19 to 2,440.
Published 17 Aug, 2011 12:00am
Equities move both ways on ISE

Equities move both ways on ISE

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an increase of 22.56 points, as the Index moved from 2,418.19 to 2,440.
Published 17 Aug, 2011 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange (LSE) on Tuesday where equities moved both ways and finally ended in green zone amid marginally improved trading turnover due to fresh buying in the oil sector shares.The LSE-25 index gained 5.73 poi
Published 17 Aug, 2011 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange (LSE) on Tuesday where equities moved both ways and finally ended in green zone amid marginally improved trading turnover due to fresh buying in the oil sector shares.The LSE-25 index gained 5.73 poi
Published 17 Aug, 2011 12:00am
BRIndex30 up 28.03 points

BRIndex30 up 28.03 points

On Tuesday, the BRIndex30 opened at 8,058.26 points. It touched the intra-day high of 8,103.18 points and low of 8,029.50 points, and closed at 8,086.29 points, with a net positive change of 28.03 points, or 0.35 percent higher than previous close. The vo
Published 17 Aug, 2011 12:00am
BRIndex30 up 28.03 points

BRIndex30 up 28.03 points

On Tuesday, the BRIndex30 opened at 8,058.26 points. It touched the intra-day high of 8,103.18 points and low of 8,029.50 points, and closed at 8,086.29 points, with a net positive change of 28.03 points, or 0.35 percent higher than previous close. The vo
Published 17 Aug, 2011 12:00am
Index gains 67.65 points

Index gains 67.65 points

Despite continuous selling by foreign investors, the KSE-100 index on Tuesday recovered 67.65 points to close at 11,233.75 points on the back of local investors'' interest mainly in oil sector stocks, analysts said. "The news that the Economic Co-ordinati
Published 17 Aug, 2011 12:00am
Index gains 67.65 points

Index gains 67.65 points

Despite continuous selling by foreign investors, the KSE-100 index on Tuesday recovered 67.65 points to close at 11,233.75 points on the back of local investors' interest mainly in oil sector stocks, analysts said. "The news that the Economic Co-ordinatio
Published 17 Aug, 2011 12:00am
Index gains 67.65 points

Index gains 67.65 points

Despite continuous selling by foreign investors, the KSE-100 index on Tuesday recovered 67.65 points to close at 11,233.75 points on the back of local investors' interest mainly in oil sector stocks, analysts said. "The news that the Economic Co-ordinatio
Published 17 Aug, 2011 12:00am