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Print - 2012-03-07
Criminal complaint against Olympus filed

Criminal complaint against Olympus filed

Japan's securities watchdog became on Tuesday the latest authority to file a criminal complaint against Olympus Corp, some former executives and outside advisers over the company's $1.7 billion accounting fraud.
Published 07 Mar, 2012 12:00am
Car makers battle to escape Europe's slow lane

Car makers battle to escape Europe's slow lane

The differing fortunes of car makers in Europe were on display at the Geneva Auto Show, with investment by Nissan and upbeat forecasts from BMW and Volkswagen contrasting with a discounted cash call from Peugeot to fund its tie-up with General Motors. The
Published 07 Mar, 2012 12:00am
IndiGo escapes worst of Indian airline turbulence

IndiGo escapes worst of Indian airline turbulence

It's not all doom and gloom for India's embattled airline sector. IndiGo, a low-fare carrier launched in 2006, has climbed to second place in market share at the expense of Air India and Kingfisher Airlines and is the only one of India's six main carriers
Published 07 Mar, 2012 12:00am
Saudi Arabia must diversify oil industry: Naimi

Saudi Arabia must diversify oil industry: Naimi

Top oil exporter Saudi Arabia must reduce its reliance on crude sales revenues and develop its downstream industry to shield its economy from international market volatility, the kingdom's oil minister said on Tuesday. "Oil, as we all know, is volatile in
Published 07 Mar, 2012 12:00am
Eurozone's slump in late 2011 points to recession

Eurozone's slump in late 2011 points to recession

A collapse in household spending, exports and manufacturing sucked the life out of the eurozone's economy in the final months of 2011, the EU said on Tuesday, showing the scope of the downturn that looks set to become a fully fledged recession.
Published 07 Mar, 2012 12:00am
Creditor group sees 1 trillion euro Greek default risk

Creditor group sees 1 trillion euro Greek default risk

A disorderly Greek default would cause more than a trillion euros ($1.3 trillion) of damage to the euro zone and could leave Italy and Spain dependent on outside help to stop contagion spreading, the main bondholders group has said. Greek private creditor
Published 07 Mar, 2012 12:00am
Ratings agencies have no plans to rate UAE, Dubai: Fitch

Ratings agencies have no plans to rate UAE, Dubai: Fitch

Ratings agencies have no plans to give the United Arab Emirates or Dubai a credit rating because their governments have not asked to be rated, and their lack of transparency would make a credit assessment difficult, a senior analyst at Fitch said on Tuesd
Published 07 Mar, 2012 12:00am
Ratings agencies have no plans to rate UAE, Dubai: Fitch

Ratings agencies have no plans to rate UAE, Dubai: Fitch

Ratings agencies have no plans to give the United Arab Emirates or Dubai a credit rating because their governments have not asked to be rated, and their lack of transparency would make a credit assessment difficult, a senior analyst at Fitch said on Tuesd
Published 07 Mar, 2012 12:00am
Protesters line up against jobless

Protesters line up against jobless

An estimated 5,000 demonstrators formed a three-mile (five-kilometer) line in downtown New York Tuesday to protest unemployment in the United States, an event aimed at drawing notice during the "Super Tuesday" primaries. The marchers carried pink slips, t
Published 07 Mar, 2012 12:00am
Demographic flip endangers US jobs recovery

Demographic flip endangers US jobs recovery

Some 4 million people under the age of 55 may be ready to start seeking a job in the United States, according to a Breakingviews analysis. Yet the proportion of older folks working also has increased since before the crisis hit - and they might not be so
Published 07 Mar, 2012 12:00am
UK moves towards 'three strikes' Internet policy

UK moves towards 'three strikes' Internet policy

British Web users face having their Internet connections throttled or suspended if they are found to have downloaded music or movies illegally after Internet service providers (ISPs) BT and TalkTalk lost a court appeal on Tuesday. The ruling by Britain's
Published 07 Mar, 2012 12:00am
Italy unveils new Internet bonds to drum up sales

Italy unveils new Internet bonds to drum up sales

Italy's finance ministry on Tuesday unveiled a new type of bond that can be bought easily over the Internet in a bid to encourage more Italians to buy into the country's giant debt mountain. "This is the first sovereign bond indexed to Italian inflation w
Published 07 Mar, 2012 12:00am
Turkish Airlines starts regular flights to Somalia

Turkish Airlines starts regular flights to Somalia

Turkish Airlines started flights to Mogadishu this week, the first major international carrier to run a regular service to the Somali capital in more than two decades. Turkey's Deputy Prime Minister Bekir Bozdag flew into Mogadishu to launch the twice-wee
Published 07 Mar, 2012 12:00am
ACL kicks off with South Korean win

ACL kicks off with South Korean win

South Korea's Pohang Steelers trounced Japan's Gamba Osaka by three goals to nothing away from home on Tuesday as the AFC Champions League kicked off. Another South Korea side, Ulsan Hyundai also had a solid result in what is the continental showpiece tou
Published 07 Mar, 2012 12:00am
Dawood Public School holds Annual Sports Day

Dawood Public School holds Annual Sports Day

The annual Sports Day 2012 of Dawood Public School held at Memon Family Park Bahadurabad, Karachi on Tuesday. Around 1600 girl students of school participated in Mass PT displays, Yoga, gymnastic, several competitions such as cricket, races, singing, poet
Published 07 Mar, 2012 12:00am
Djokovic, Wozniacki defend Indian Wells crowns

Djokovic, Wozniacki defend Indian Wells crowns

World No 1 Novak Djokovic and fourth-ranked Caroline Wozniacki will defend their titles at the $11 million Indian Wells ATP and WTA hardcourt event that begins on Wednesday. The record prize purse for ATP-WTA events outside majors includes $1 million for
Published 07 Mar, 2012 12:00am
New Zealand to give van Wyk Test debut

New Zealand to give van Wyk Test debut

New Zealand will give South African-born wicketkeeper Kruger van Wyk his Test debut against the Proteas on Wednesday after a hip injury sidelined regular gloveman BJ Watling. Black Caps physiotherapist Paul Close said a problem with Watling's right hip jo
Published 07 Mar, 2012 12:00am
Clarke injury concern for tri-series and West Indies

Clarke injury concern for tri-series and West Indies

A hamstring injury is hampering Australian captain Michael Clarke's prospects of being fit for this month's tour of the West Indies. Clarke will have scans on his left hamstring, which was strained while making 117 in Australia's loss in the second tri-se
Published 07 Mar, 2012 12:00am
Barca focus on retaining Champions League crown

Barca focus on retaining Champions League crown

With Real Madrid crushing virtually all before them and holding a ten-point lead over Barcelona in Spain the Champions League has assumed greater importance for the Catalan side, who are on course to reach the quarter-finals. Barca entertain Bayer Leverku
Published 07 Mar, 2012 12:00am
Redknapp rules out Chelsea move

Redknapp rules out Chelsea move

Tottenham manager Harry Redknapp on Tuesday ruled himself out of the running to succeed sacked Chelsea boss Andre Villas-Boas. Villas-Boas was sacked on Sunday, a day after his side suffered a 1-0 defeat to West Bromwich Albion. The loss was the latest in
Published 07 Mar, 2012 12:00am
FIFA's Valcke apologises to Brazil

FIFA's Valcke apologises to Brazil

FIFA's secretary-general Jerome Valcke has apologised to Brazil, after he was denounced for saying that preparations for the 2014 World Cup were behind schedule, according to the country's government. "I would like to present my apologies to everyone who
Published 07 Mar, 2012 12:00am
Dilshan shines as Sri Lanka force decider

Dilshan shines as Sri Lanka force decider

Tillakaratne Dilshan and Mahela Jayawardene shared an opening partnership of 179 as Sri Lanka hammered Australia by eight wickets on Tuesday to take the one- day international Tri-series final to a third and deciding match. Dilshan smashed 106 and Jayawar
Published 07 Mar, 2012 12:00am
Outgoing Senators have different experiences

Outgoing Senators have different experiences

Half of the outgoing senators on Tuesday started bidding adieu to Upper House of Parliament, amid mixed reactions - some calling their stay wonderful while other disappointed terming the house just like a 'debating club'.
Published 07 Mar, 2012 12:00am
Singer Mala remembered

Singer Mala remembered

Renowned playback singer Mala's death anniverrsary was observed on Tuesday Mala was a famous playback singer of Urdu and Punjabi films in Pakistan. Her real name was Naseem Nazli. She was born in Faisalabad. Naseem was interested in singing and music from
Published 07 Mar, 2012 12:00am
PPP-dominated Senate may not pose any big challenge to future government

PPP-dominated Senate may not pose any big challenge to future government

The recent gain of the ruling PPP in Senate elections may not create any extra ordinary hurdles towards a government in the centre formed by any other party after the general elections in 2013, as far as legislation is concerned, as the lower house of par
Published 07 Mar, 2012 12:00am
Nargis to appear before Supreme Court today

Nargis to appear before Supreme Court today

A special bench of the Supreme Court will resume hearing on contempt of court case against Prime Minister Yousuf Raza Gilani on Wednesday (today). A seven-member bench led by Justice Nasirul Mulk also comprises Justice Asif Saeed Khosa, Justice Sarmad Jal
Published 07 Mar, 2012 12:00am
INTERNATIONAL INDUSTRIES LIMITED

INTERNATIONAL INDUSTRIES LIMITED

International Industries Limited (IIL) is engaged in the business of producing and marketing steel and polyethylene pipes. Over the span of 40 years the Company has grown from a small pipe manufacturer with equity of Rs 1.6 million to become Pakistan's la
Published 07 Mar, 2012 12:00am
INTERNATIONAL INDUSTRIES LIMITED

INTERNATIONAL INDUSTRIES LIMITED

International Industries Limited (IIL) is engaged in the business of producing and marketing steel and polyethylene pipes. Over the span of 40 years the Company has grown from a small pipe manufacturer with equity of Rs 1.6 million to become Pakistan's la
Published 07 Mar, 2012 12:00am
Russia says no shift on Syria after Putin victory

Russia says no shift on Syria after Putin victory

Russia warned the West on Tuesday not to expect a shift in its stance on Syria following Vladimir Putin's victory in a presidential election. One month before Sunday's election, Russia vetoed a Western-backed UN Security Council resolution that would have
Published 07 Mar, 2012 12:00am
Iraqi Prime Minister fires security officials over attack

Iraqi Prime Minister fires security officials over attack

Iraqi Prime Minister Nuri al-Maliki fired two senior security officials in the western Anbar province after militants disguised as police killed at least 27 members of the security forces on Monday, officials said. The brazen attack in Anbar, once the cou
Published 07 Mar, 2012 12:00am
Avalanche blankets Afghan village; 37 die

Avalanche blankets Afghan village; 37 die

At least 37 people died and hundreds were still trapped in northern Afghanistan on Tuesday when a snow avalanche covered an entire village near the northern border with Tajikistan, local officials said. Afghan army helicopters descended on the remote vill
Published 07 Mar, 2012 12:00am
Two Palestinian children killed

Two Palestinian children killed

Two Palestinian children were killed when abandoned ordnance exploded in the occupied West Bank on Tuesday, Palestinian officials said. Ramadan Awad, police chief in the city of Hebron, said two 12-year-old boys, Hamza and Zayed Jradat, were killed and th
Published 07 Mar, 2012 12:00am
US will ensure Israel's 'military superiority': Panetta

US will ensure Israel's 'military superiority': Panetta

The United States will ensure Israel retains "military superiority" over its adversaries as the country faces the potential threat of a nuclear-armed Iran, Defence Secretary Leon Panetta said Tuesday. "This is an ironclad pledge which says that the United
Published 07 Mar, 2012 12:00am
North Korea makes progress on reactor: images

North Korea makes progress on reactor: images

North Korea has made progress in recent months on a home-built reactor that experts fear could be used to bolster the communist state's nuclear weapons program, satellite images showed. The images, released this week by a private Washington-based think-ta
Published 07 Mar, 2012 12:00am
Nearly 200 killed, 5,000 made homeless by Congo blast

Nearly 200 killed, 5,000 made homeless by Congo blast

The death toll from powerful explosions at a Congo munitions dump neared 200 on Tuesday, two days after the blasts that also wounded over 1,300 people and left 5,000 homeless. The explosions, blamed on a short-circuit, flattened hundreds of houses in Braz
Published 07 Mar, 2012 12:00am
World meets safe water goal

World meets safe water goal

The world has easily beaten a 2015 deadline to halve the proportion of people drinking unsafe water, the United Nations Children's Fund and the World Health Organisation said Tuesday. The two UN agencies released a report saying that between 1990 and 2010
Published 07 Mar, 2012 12:00am
Romney eyes crown as US votes on Super Tuesday

Romney eyes crown as US votes on Super Tuesday

Voters from Alaska to Georgia are going to the polls on a potentially pivotal Super Tuesday that is expected to see Mitt Romney close in on the Republican presidential nomination. The frontrunner hopes to build on recent momentum - he has won the last fiv
Published 07 Mar, 2012 12:00am
Syria denounces illegal entry of journalists

Syria denounces illegal entry of journalists

Syria called on international media companies on Tuesday not to send reporters to the country illegally, saying it had allowed more than 200 media delegations to visit areas hit by the conflict. "We want you to tell the journalism and media institutions a
Published 07 Mar, 2012 12:00am
Obama favours diplomatic solution for Syria

Obama favours diplomatic solution for Syria

President Barack Obama remains committed to diplomatic efforts to end the violence in Syria, the White House said on Tuesday, despite calls from a leading Republican senator for military action against the government of President Bashar al-Assad.
Published 07 Mar, 2012 12:00am
Syria faces outrage; 'smell of death' in Homs

Syria faces outrage; 'smell of death' in Homs

Syrian President Bashar al-Assad faced growing Western anger on Tuesday for preventing aid from entering a devastated district of Homs and over accusations of human rights abuses, including pictures said to show torture victims at a hospital in the city.
Published 07 Mar, 2012 12:00am
Prince Harry gets a jump on Jamaica's Usain Bolt

Prince Harry gets a jump on Jamaica's Usain Bolt

Britain's Prince Harry gave Usain Bolt, Jamaica's champion sprinter, a run for his money Tuesday on the track at the University of the West Indies. Minutes after teaching the prince the basics of starting, Bolt was surprised to see his royal competitor ra
Published 07 Mar, 2012 12:00am
Third Tibetan self-immolates in China

Third Tibetan self-immolates in China

A Tibetan youth has burned himself to death in southwestern China, the third self-immolation in three days, in what overseas Tibetan rights groups said reflects growing resentment against Beijing's policies in the Tibetan areas of China. It was the 25th s
Published 07 Mar, 2012 12:00am
Porsche employees charged with credit fraud

Porsche employees charged with credit fraud

German state prosecutors have charged three employees at Porsche with credit fraud, the latest fallout from a legal dispute alleging the sportscar maker illegally cornered the market in Volkswagen shares in 2008.
Published 07 Mar, 2012 12:00am
Australia set for another year of bumper grains harvests

Australia set for another year of bumper grains harvests

Australia is on track for another year of bumper grains and oilseed harvests, the government's chief agricultural forecaster said on Tuesday, which could boost exports and weaken prices. Australia is expected to produce an above-average crop after two str
Published 07 Mar, 2012 12:00am
Shanghai copper drops

Shanghai copper drops

The most-traded May copper contract on the Shanghai Futures Exchange fell 1.2 percent to 60,280 yuan ($9,600) a tonne on Tuesday. China, which consumes 40 percent of the world's copper, may slow on any restocking activity which has usually complemented it
Published 07 Mar, 2012 12:00am
Copper falls to two-week low

Copper falls to two-week low

Copper fell to a two-week low on Tuesday, pressured by a strong dollar and concerns that slower economic growth in top consumer China will weaken demand for the industrial metal. China, the world's second-largest economy, on Monday cut its economic growth
Published 07 Mar, 2012 12:00am
Oil falls on Iran talks, economy worries

Oil falls on Iran talks, economy worries

Oil prices retreated on Tuesday as data showing a shrinking euro zone economy fuelled fears of curbed demand for petroleum, while news that major powers accepted Iran's offer for more talks on its nuclear program eased concerns about supply disruptions.
Published 07 Mar, 2012 12:00am
Tokyo rubber at four-week low

Tokyo rubber at four-week low

Tokyo rubber futures fell as much as 2.5 percent to a one-week low on Tuesday as investors remained cautious after China trimmed its growth forecast for this year, while weaker oil also pressured prices, dealers said. The benchmark rubber contract on the
Published 07 Mar, 2012 12:00am
Corn hits four-month high

Corn hits four-month high

Corn prices rose on Monday due to technical buying and tight supplies while soya and wheat slipped in choppy trading ahead of a US government crop report later in the week. Weaker equities, due to China indicating slower growth ahead, weighed on all three
Published 07 Mar, 2012 12:00am
Palm oil falls

Palm oil falls

Malaysian crude palm oil futures fell for a third day on Tuesday, on signs of a wider correction in the market that traders say went up too high last month, although losses were curbed ahead of a key price outlook meeting in Kuala Lumpur.
Published 07 Mar, 2012 12:00am
Sugar and coffee down

Sugar and coffee down

Sugar and coffee futures crumbled on Tuesday pressured by the robust dollar and lower financial markets, with the prospect of ample sugar supplies from the upcoming cane harvest in Brazil's prime center-south region adding to the bearish mood in sugar. Co
Published 07 Mar, 2012 12:00am
Gold drops in New York

Gold drops in New York

Gold fell on Monday, dropping with equity markets after China cut its economic growth targets, and the precious metal could pull back further if it fails to hold key support after last week's sharp sell-off. Spot gold was down 0.5 percent at $1,703.79 an
Published 07 Mar, 2012 12:00am
Gold down in Asia

Gold down in Asia

Gold fell on Tuesday, extending losses seen in the previous session after China set a slower economic growth target for the year, but hopes that cheaper bullion would prompt a pickup in purchases reined in losses. Gold eased 0.3 percent to $1,700.91 an ou
Published 07 Mar, 2012 12:00am
Gold slides over two percent

Gold slides over two percent

Gold prices fell more than 2 percent on Tuesday, pushing below key support at $1,676 an ounce, as jitters over whether private creditors will agree to a Greek bond swap deal pressured the euro, while broader economic worries hit risk appetite. Platinum, p
Published 07 Mar, 2012 12:00am
US MIDDAY: wheat, corn slide

US MIDDAY: wheat, corn slide

Wheat fell more than 1 percent on Tuesday, and corn also tumbled, under pressure from a stronger dollar and a broad-based sell-off in commodity markets linked to renewed economic concerns. Chicago Board of Trade May wheat dropped 1.4 percent or 9-1/4 cent
Published 07 Mar, 2012 12:00am
US MIDDAY: copper sinks

US MIDDAY: copper sinks

In New York, the key May COMEX contract plunged by 12.20 cents or over 3 percent to settle at $3.7375 per lb on Tuesday, near the bottom end of its $3.7365 to $3.8830 session range. Volumes stood near 65,000 lots in late New York business - largely in lin
Published 07 Mar, 2012 12:00am
US MIDDAY: gold falls two percent

US MIDDAY: gold falls two percent

Gold fell 2 percent in heavy volume on Tuesday after breaching a key support, as renewed concerns about Greece's debt triggered economic fears, while some analysts say the metal looks oversold and poised for a rebound. Silver fell 3 percent, and platinum
Published 07 Mar, 2012 12:00am
Industrialists hit out at KESC for disconnecting power

Industrialists hit out at KESC for disconnecting power

Industrialists lashed out at Karachi Electric Supply Company (KESC) policy to disconnect power connection of those companies and industrial units consuming less than 50 percent of their sanctioned load or having captive power generating units.
Published 07 Mar, 2012 12:00am
Sindh University students' orientation day on March 12

Sindh University students' orientation day on March 12

The Bureau of Students Tutorial Guidance/ Counseling and Co-curricular Activities (STAGS) University of Sindh is organizing orientation day on March 12 for newly enrolled students of the university. According to a notification issued by the Advisor of Bur
Published 07 Mar, 2012 12:00am
Government accused of hatching conspiracy against Arbab

Government accused of hatching conspiracy against Arbab

A provincial lawmaker of Pakistan Muslim League-Likeminded (PML-L), Abdul Razzaq Rahimoon on Tuesday accused the government of conspiring to disqualify his party's chief, former Chief Minister Sindh Dr Ghulam Arbab Rahim, as member of the provincial assem
Published 07 Mar, 2012 12:00am
Sindh Assembly expresses concerns over killings

Sindh Assembly expresses concerns over killings

Provincial legislator Nusrat Sehar Abbasi on Tuesday raised voice against the rising cases of minors' killing and dumping in the city, urging immediate measures to stop the evil act. She was speaking on a point of order at the Sindh Assembly session, held
Published 07 Mar, 2012 12:00am
Qubee introduces QClub Loyalty Reward Programme

Qubee introduces QClub Loyalty Reward Programme

Qubee has introduced QClub Loyalty Reward Programme for its valued customers to enjoy unlimited benefits and amazing offers from Qubee. Chief Marketing Officer of Qubee, Hashim Sheikh said: "The Q Club is divided into 3 levels, depending on the number of
Published 07 Mar, 2012 12:00am
Fauji Fertiliser annual marketing conference held

Fauji Fertiliser annual marketing conference held

The 24th Annual Marketing Conference of Fauji Fertiliser Company Ltd was held on March 01-02, at a local hotel. Lieutenant General Malik Arif Hayat, HI(M) (Retd), the Chief Executive and Managing Director of the Company presided over the conference. The t
Published 07 Mar, 2012 12:00am
KESC and KW&SB: departments, institutions asked to clear dues

KESC and KW&SB: departments, institutions asked to clear dues

Sindh Chief Secretary Raja Muhammad Abbas on Tuesday has asked all the respective departments and institutions to clear the dues of KESC and KW&SB within a fortnight positively. He issued these instructions while presiding a meeting on this issue held at
Published 07 Mar, 2012 12:00am
Provincial departments: PAC to review audit reports from March 13

Provincial departments: PAC to review audit reports from March 13

The Public Accounts Committee (PAC) Sindh will review the audit reports including deferred paras/printed paras of the various financial years of six provincial departments from March 13 to 22, Business Recorder learnt on Tuesday.
Published 07 Mar, 2012 12:00am
UBL Omni wins GSMA Global Mobile Award 2012

UBL Omni wins GSMA Global Mobile Award 2012

United Bank Limited's branchless banking service, UBL Omni has won the GSMA Global Mobile Award 2012 for "Best Use of Mobile in Emergency or Humanitarian Situations". The branchless banking service has been recognized for its effective cash disbursements
Published 07 Mar, 2012 12:00am
Balochistan: ground realities

Balochistan: ground realities

A hype has been created on the national media regarding the issue of Balochistan. Discussions are focused on allegations and foreign interference. Participants are offering suggestions to overcome the problem by understanding the immediate environment and
Published 07 Mar, 2012 12:00am
The profit abode

The profit abode

There is a pertinent saying amongst our circle of friends, somewhat on the lines of having bigger doors if your pet is an elephant, "If you buy a Mercedes, you don't look for bargains when hiring a driver". Contrarily, in our case, having head hunted the
Published 07 Mar, 2012 12:00am
Income Tax Ordinance, 2001: Undoing the legacy - V

Income Tax Ordinance, 2001: Undoing the legacy - V

Part 3 - Collection at Source: 102. Every person, being a seller shall, at the time of debiting of the amount payable by the buyer to the account of the buyer or at the time of receipt of such amount from the said buyer in cash or by the issue of
Published 07 Mar, 2012 12:00am
Judicial accountability

Judicial accountability

At an earlier point of time, the major issue concerning the judiciary was the matter pertaining to independence, tenure, the appointment process, question of performance and integrity. There has now been a change in emphasis. Today judicial accountability
Published 07 Mar, 2012 12:00am
Women's empowerment

Women's empowerment

Slowly but surely the national electoral landscape is undergoing a critical metamorphosis. The contenders to the national power are tapping new and henceforth only sparsely exploited sources. Of these, the one clearly made out but repeatedly missed out is
Published 07 Mar, 2012 12:00am
Privatisation to fund fiscal deficit

Privatisation to fund fiscal deficit

The federal government is likely to commence privatisation with the objective of funding its rising fiscal deficit subsequent to the stock exchange crossing the 13,000 points mark. This statement is attributed however to market players and not to governme
Published 07 Mar, 2012 12:00am
FAPUASA calls off protest

FAPUASA calls off protest

The Federation of All Pakistan Universities Academic Staff Association (FAPUASA) has called off the token strike it was observing in the public sector universities of Sindh on Tuesday.
Published 07 Mar, 2012 12:00am
Body of youth found in Dasht

Body of youth found in Dasht

Levies Force recovered body of a youth from Dasht area of the district some 25 Km off Provincial capital on Tuesday. Levies Force official said that they received information about presence of the body, which was dumped in the desert area. The body was sh
Published 07 Mar, 2012 12:00am
Matric exams in Sindh from April 5

Matric exams in Sindh from April 5

The matric annual examinations 2012 in Sindh will be conducted from April 5 and for intermediate from May 7. This was stated by the Chairman of the Board of intermediate Education Karachi (BIEK), Professor Anwar Ahmed Zai, on Tuesday. He is also the chief
Published 07 Mar, 2012 12:00am
SHC orders government to issue appointment letters to petitioners

SHC orders government to issue appointment letters to petitioners

A division bench of Sindh High Court on Tuesday ordered the Education Department, Sindh to issue appointment letters to 111 petitioners as Primary School Teachers (PST) within the next two months. The bench comprising Justice Shahid Anwar Bajwa and Justic
Published 07 Mar, 2012 12:00am
Ibrahim Hyderi residents protest against KESC

Ibrahim Hyderi residents protest against KESC

Residents of Ibrahim Hyderi Goth took out a rally and staged a protest sit-in at Korangi Crossing on Tuesday against discontinuation of electricity supply to the area for many days. The protestors blocked the road, which led to massive gridlock. They dema
Published 07 Mar, 2012 12:00am
Prevention from dengue: UC-level monitoring team constituted

Prevention from dengue: UC-level monitoring team constituted

District Co-ordination Officer Lahore Ahad Khan Cheema has said that teams have been constituted at union council level for monitoring and prevention of dengue virus. He expressed these views while presiding over a meeting regarding dengue prevention arra
Published 07 Mar, 2012 12:00am
PIC case: Tribunal records statements

PIC case: Tribunal records statements

The Defective Drugs Inquiry Tribunal recorded the statements of Professor of Pathology, Allama Iqbal Medical College, Lahore Dr Nosheen Yousuf, and Chairman, Pharmacy Department, University of Veterinary Sciences Ms Farzana Chaudhri, Ex-Drugs Controller,
Published 07 Mar, 2012 12:00am
Tahqiq two volumes 2011 published

Tahqiq two volumes 2011 published

The Department of Urdu University of Sindh has published-out its biannual research journal Tahqiq, volume 1 and 2 of 2011 on Tuesday. In its first volume the research articles are included of Dr Atiq Ahmed Jilani, Dr Rafiq Ahmed faculty of the department
Published 07 Mar, 2012 12:00am
LLB exams: Sindh University forms announcement

LLB exams: Sindh University forms announcement

The Controller of Examinations University of Sindh has announced the schedule for submission of examination forms for LL.B. Part-I, II and III under annual examination of 2011 here on Tuesday. The candidates of Law colleges are hereby advised to obtain ex
Published 07 Mar, 2012 12:00am
Alleged killer of a family arrested

Alleged killer of a family arrested

Crime Branch of Sindh police on Tuesday claimed to have apprehended an alleged killer of five family members during a raid near Jinnah Postgraduate Medical Centre (JPMC). According to SP Farooq Awan, the accused person, who was identified as Mohammad Isha
Published 07 Mar, 2012 12:00am
Call to promote services of women as moderating force

Call to promote services of women as moderating force

As Pakistan is struggling to rein in rising extremism, bringing political stability, and upholding the rule of law, it is need of the hour to promote the services of women as moderating force. This was the crux of the roundtable entitled "Extremism vs Mod
Published 07 Mar, 2012 12:00am
BoK earns Rs 872 million after tax profit

BoK earns Rs 872 million after tax profit

The Bank of Khyber (BoK)'s achieves record Rs 872 million after-tax profit in 2011, which shows increase of 55 per cent more then corresponding period of 2010. This was disclosed by Bilal Mustafa, Managing Director BoK during the 111th Board of Directors
Published 07 Mar, 2012 12:00am
BoK earns Rs 872 million after tax profit

BoK earns Rs 872 million after tax profit

The Bank of Khyber (BoK)'s achieves record Rs 872 million after-tax profit in 2011, which shows increase of 55 per cent more then corresponding period of 2010. This was disclosed by Bilal Mustafa, Managing Director BoK during the 111th Board of Directors
Published 07 Mar, 2012 12:00am
Waheeda Shah case: ECP to announce verdict today

Waheeda Shah case: ECP to announce verdict today

The Election Commission of Pakistan (ECP) will announce today (Wednesday) its verdict regarding the torture of its woman polling officers by Waheeda Shah, a Pakistan People's Party (PPP) candidate in bye-polls on PS-53 Tando Mohammad Khan. On Tuesday, the
Published 07 Mar, 2012 12:00am
Arysta, DuPont enter strategic alliance

Arysta, DuPont enter strategic alliance

Arysta Life Science Pakistan (Pvt) Limited and DuPont Pakistan Operations (Pvt) Limited (DPOL) entered a strategic alliance through, which Arysta will have access to Dupont's fungicide range and together the two companies will further strengthen their off
Published 07 Mar, 2012 12:00am
Imam nominated in murder case of DCO Gwadar

Imam nominated in murder case of DCO Gwadar

Imam Din Bhel alias Imam Bux Bizenjo father of Yaqub Bizenjo MNA, was nominated in murder case of DCO Gwadar Abdur Rehman Dashti here on Tuesday. According to DIG South Commander Shaukat, both victim and the accused person were friends and belonged to Tur
Published 07 Mar, 2012 12:00am
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