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Print - 2012-04-10
Indian court convicts 23 for Gujarat murders

Indian court convicts 23 for Gujarat murders

An Indian court convicted 23 people on Monday over the massacre of nearly two-dozen Muslims during religious rioting in Gujarat state in 2002 that left more than 2,000 dead. Another 23 people were acquitted for lack of evidence in the case, in which riote
Published 10 Apr, 2012 12:00am
Indian court convicts 23 for Gujarat murders

Indian court convicts 23 for Gujarat murders

An Indian court convicted 23 people on Monday over the massacre of nearly two-dozen Muslims during religious rioting in Gujarat state in 2002 that left more than 2,000 dead. Another 23 people were acquitted for lack of evidence in the case, in which riote
Published 10 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 09, 2012).

Published 10 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 09, 2012).

Published 10 Apr, 2012 12:00am
Spurious medicine scam: Supreme Court issues contempt notice to AIG

Spurious medicine scam: Supreme Court issues contempt notice to AIG

While issuing directives on Monday to Punjab government to submit an investigation report on Punjab Institute of Cardiology's spurious medicine scam within three days, the Supreme Court issued contempt notice to Punjab's Additional Inspector General Polic
Published 10 Apr, 2012 12:00am
Spurious medicine scam: Supreme Court issues contempt notice to AIG

Spurious medicine scam: Supreme Court issues contempt notice to AIG

While issuing directives on Monday to Punjab government to submit an investigation report on Punjab Institute of Cardiology's spurious medicine scam within three days, the Supreme Court issued contempt notice to Punjab's Additional Inspector General Polic
Published 10 Apr, 2012 12:00am
THE RUPEE: all-round decline

THE RUPEE: all-round decline

The rupee gave up firmness against the dollar and euro on the currency market on Monday in process of trading, dealers said. There were some demands which pushed dollar higher slightly, they said. The rupee drifter lower versus the greenback, shedding sev
Published 10 Apr, 2012 12:00am
THE RUPEE: all-round decline

THE RUPEE: all-round decline

The rupee gave up firmness against the dollar and euro on the currency market on Monday in process of trading, dealers said. There were some demands which pushed dollar higher slightly, they said. The rupee drifter lower versus the greenback, shedding sev
Published 10 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (April 09, 2012).

Published 10 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (April 09, 2012).

Published 10 Apr, 2012 12:00am
Gilani for due provincial role to overcome energy crisis

Gilani for due provincial role to overcome energy crisis

Prime Minister Syed Yousuf Raza Gilani has emphasised upon the provinces to also play their due role in efforts towards generating power to help overcome energy crisis. The Prime Minister said the federal government was committed to energy security for th
Published 10 Apr, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (April 09, 2012).

Published 10 Apr, 2012 12:00am
Gilani for due provincial role to overcome energy crisis

Gilani for due provincial role to overcome energy crisis

Prime Minister Syed Yousuf Raza Gilani has emphasised upon the provinces to also play their due role in efforts towards generating power to help overcome energy crisis. The Prime Minister said the federal government was committed to energy security for th
Published 10 Apr, 2012 12:00am
Gilani for due provincial role to overcome energy crisis

Gilani for due provincial role to overcome energy crisis

Prime Minister Syed Yousuf Raza Gilani has emphasised upon the provinces to also play their due role in efforts towards generating power to help overcome energy crisis. The Prime Minister said the federal government was committed to energy security for th
Published 10 Apr, 2012 12:00am
Shahbaz seeks PSDP allocation

Shahbaz seeks PSDP allocation

Punjab Chief Minister Shahbaz Sharif has demanded establishment of an organised institution for regulating energy sector and allocation of a 30 percent share of public sector development programme for the development of energy sector. He was addressing th
Published 10 Apr, 2012 12:00am
Shahbaz seeks PSDP allocation

Shahbaz seeks PSDP allocation

Punjab Chief Minister Shahbaz Sharif has demanded establishment of an organised institution for regulating energy sector and allocation of a 30 percent share of public sector development programme for the development of energy sector. He was addressing th
Published 10 Apr, 2012 12:00am
Shahbaz seeks PSDP allocation

Shahbaz seeks PSDP allocation

Punjab Chief Minister Shahbaz Sharif has demanded establishment of an organised institution for regulating energy sector and allocation of a 30 percent share of public sector development programme for the development of energy sector. He was addressing th
Published 10 Apr, 2012 12:00am
Shahbaz seeks PSDP allocation

Shahbaz seeks PSDP allocation

Punjab Chief Minister Shahbaz Sharif has demanded establishment of an organised institution for regulating energy sector and allocation of a 30 percent share of public sector development programme for the development of energy sector. He was addressing th
Published 10 Apr, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Apr, 2012 12:00am
Only Punjab to benefit if Discos handed over to provinces

Only Punjab to benefit if Discos handed over to provinces

The handing over of power distribution companies (Discos) as proposed by Shahbaz Shahrif will benefit only Punjab as Discos in Sindh, Balochistan and Khyber-Pakhtunkhwa (KP) are incurring losses of about 28-30 percent. Recently, the Punjab chief minister
Published 10 Apr, 2012 12:00am
Board meetings in progress

Board meetings in progress

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

Published 10 Apr, 2012 12:00am
Only Punjab to benefit if Discos handed over to provinces

Only Punjab to benefit if Discos handed over to provinces

The handing over of power distribution companies (Discos) as proposed by Shahbaz Shahrif will benefit only Punjab as Discos in Sindh, Balochistan and Khyber-Pakhtunkhwa (KP) are incurring losses of about 28-30 percent. Recently, the Punjab chief minister
Published 10 Apr, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Apr, 2012 12:00am
Only Punjab to benefit if Discos handed over to provinces

Only Punjab to benefit if Discos handed over to provinces

The handing over of power distribution companies (Discos) as proposed by Shahbaz Shahrif will benefit only Punjab as Discos in Sindh, Balochistan and Khyber-Pakhtunkhwa (KP) are incurring losses of about 28-30 percent. Recently, the Punjab chief minister
Published 10 Apr, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 10 Apr, 2012 12:00am
Medical check-up: Babar Awan case: exemption sought

Medical check-up: Babar Awan case: exemption sought

An application seeking exemption from appearance before the court in a contempt of court case was filed on Monday by the counsel for former law minister Babar Awan. Contempt of court adjudication was initiated by the Supreme Court while Awan spoke against
Published 10 Apr, 2012 12:00am
Medical check-up: Babar Awan case: exemption sought

Medical check-up: Babar Awan case: exemption sought

An application seeking exemption from appearance before the court in a contempt of court case was filed on Monday by the counsel for former law minister Babar Awan. Contempt of court adjudication was initiated by the Supreme Court while Awan spoke against
Published 10 Apr, 2012 12:00am
Supreme Court asks Musharraf to surrender

Supreme Court asks Musharraf to surrender

While resuming hearing of a plea that has sought the court orders for the registration of second First Information Report (FIR) against former president Pervez Musharraf and 12 others in Benazir Bhutto assassination case, the Supreme Court on Monday decla
Published 10 Apr, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 10 Apr, 2012 12:00am
Supreme Court asks Musharraf to surrender

Supreme Court asks Musharraf to surrender

While resuming hearing of a plea that has sought the court orders for the registration of second First Information Report (FIR) against former president Pervez Musharraf and 12 others in Benazir Bhutto assassination case, the Supreme Court on Monday decla
Published 10 Apr, 2012 12:00am
Nawaz hails Zardari's visit to India

Nawaz hails Zardari's visit to India

PML-N President Mian Nawaz Sharif has welcomed President Asif Ali Zardari's visit to India and hoped that tensions between the two neighbouring countries would reduce through talks. "There should be negotiations between India and Pakistan on all issues in
Published 10 Apr, 2012 12:00am
Nawaz hails Zardari's visit to India

Nawaz hails Zardari's visit to India

PML-N President Mian Nawaz Sharif has welcomed President Asif Ali Zardari's visit to India and hoped that tensions between the two neighbouring countries would reduce through talks. "There should be negotiations between India and Pakistan on all issues in
Published 10 Apr, 2012 12:00am
Highest credit rating: NBP tops public sector banks

Highest credit rating: NBP tops public sector banks

The National Bank of Pakistan (NBP) enjoys highest credit rating among leading public sector banks in Pakistan with ''AAA'' while Sindh Bank Limited and Bank of Punjab have the lowest credit ratings ''AA-'', said the State Bank of Pakistan (SBP) credit ra
Published 10 Apr, 2012 12:00am
Highest credit rating: NBP tops public sector banks

Highest credit rating: NBP tops public sector banks

The National Bank of Pakistan (NBP) enjoys highest credit rating among leading public sector banks in Pakistan with 'AAA' while Sindh Bank Limited and Bank of Punjab have the lowest credit ratings 'AA-', said the State Bank of Pakistan (SBP) credit rating
Published 10 Apr, 2012 12:00am
Highest credit rating: NBP tops public sector banks

Highest credit rating: NBP tops public sector banks

The National Bank of Pakistan (NBP) enjoys highest credit rating among leading public sector banks in Pakistan with 'AAA' while Sindh Bank Limited and Bank of Punjab have the lowest credit ratings 'AA-', said the State Bank of Pakistan (SBP) credit rating
Published 10 Apr, 2012 12:00am
Indian court grants bail to Dr Chishti

Indian court grants bail to Dr Chishti

India's Supreme Court on Monday freed on bail an 80-year-old Pakistani doctor sentenced to life for a 1992 murder, a relative said. Virologist Khalil Chishti, who suffers from poor health and cannot walk unaided, was released from prison on compassionate
Published 10 Apr, 2012 12:00am
Indian court grants bail to Dr Chishti

Indian court grants bail to Dr Chishti

India's Supreme Court on Monday freed on bail an 80-year-old Pakistani doctor sentenced to life for a 1992 murder, a relative said. Virologist Khalil Chishti, who suffers from poor health and cannot walk unaided, was released from prison on compassionate
Published 10 Apr, 2012 12:00am
BRIndex30 gains 8.98 points

BRIndex30 gains 8.98 points

On Monday, BRIndex30 opened at 10,571.26. It touched an intraday high of 10,706.03 and an intraday low of 10,567.36 and closed at 10,580.24 which was 8.98 points or 0.08 percent higher than previous close. Total volume was 234,232,252, which was 67.26 per
Published 10 Apr, 2012 12:00am
BRIndex30 gains 8.98 points

BRIndex30 gains 8.98 points

On Monday, BRIndex30 opened at 10,571.26. It touched an intraday high of 10,706.03 and an intraday low of 10,567.36 and closed at 10,580.24 which was 8.98 points or 0.08 percent higher than previous close. Total volume was 234,232,252, which was 67.26 per
Published 10 Apr, 2012 12:00am
Index sheds 10.85 points

Index sheds 10.85 points

The KSE-100 index on Monday lost 10.85 points to close at 13,864.68 points due to profit-taking by local and foreign investors and institutions in late hours. The market opened on a strong positive note and the index breached 14,000 psychological level to
Published 10 Apr, 2012 12:00am
Index sheds 10.85 points

Index sheds 10.85 points

The KSE-100 index on Monday lost 10.85 points to close at 13,864.68 points due to profit-taking by local and foreign investors and institutions in late hours. The market opened on a strong positive note and the index breached 14,000 psychological level to
Published 10 Apr, 2012 12:00am
Index sheds 10.85 points

Index sheds 10.85 points

The KSE-100 index on Monday lost 10.85 points to close at 13,864.68 points due to profit-taking by local and foreign investors and institutions in late hours. The market opened on a strong positive note and the index breached 14,000 psychological level to
Published 10 Apr, 2012 12:00am
Filing SED refund claims: FBR allows condonation of delay

Filing SED refund claims: FBR allows condonation of delay

The Federal Board of Revenue (FBR) has allowed condonation of delay in filing special excise duty (SED) refund claims beyond the prescribed period of 90 days to expedite the processing of the SED claims encompassing a large number of registered persons.
Published 10 Apr, 2012 12:00am
Filing SED refund claims: FBR allows condonation of delay

Filing SED refund claims: FBR allows condonation of delay

The Federal Board of Revenue (FBR) has allowed condonation of delay in filing special excise duty (SED) refund claims beyond the prescribed period of 90 days to expedite the processing of the SED claims encompassing a large number of registered persons.
Published 10 Apr, 2012 12:00am
Filing SED refund claims: FBR allows condonation of delay

Filing SED refund claims: FBR allows condonation of delay

The Federal Board of Revenue (FBR) has allowed condonation of delay in filing special excise duty (SED) refund claims beyond the prescribed period of 90 days to expedite the processing of the SED claims encompassing a large number of registered persons.
Published 10 Apr, 2012 12:00am
Iran not interested in nuclear fuel swap

Iran not interested in nuclear fuel swap

Iran has no interest in reviving a failed nuclear fuel swap deal with Western powers, but might scale back production of higher-grade enriched uranium once it has the material it needs, the head of the country's atomic energy organisation said. US officia
Published 10 Apr, 2012 12:00am
Iran not interested in nuclear fuel swap

Iran not interested in nuclear fuel swap

Iran has no interest in reviving a failed nuclear fuel swap deal with Western powers, but might scale back production of higher-grade enriched uranium once it has the material it needs, the head of the country's atomic energy organisation said. US officia
Published 10 Apr, 2012 12:00am
US keeps carriers near Gulf ahead of Iran talks

US keeps carriers near Gulf ahead of Iran talks

The United States is keeping the pressure on Iran with the presence of two aircraft carriers close to the Gulf region ahead of the resumption of nuclear talks with Tehran this week. "There are currently two carrier strike groups in the US 5th Fleet area o
Published 10 Apr, 2012 12:00am
US keeps carriers near Gulf ahead of Iran talks

US keeps carriers near Gulf ahead of Iran talks

The United States is keeping the pressure on Iran with the presence of two aircraft carriers close to the Gulf region ahead of the resumption of nuclear talks with Tehran this week. "There are currently two carrier strike groups in the US 5th Fleet area o
Published 10 Apr, 2012 12:00am
Budget-making process gets under way: demands for allocations sought

Budget-making process gets under way: demands for allocations sought

The government formally started the process of budget-making on Monday by seeking demands for allocation of budget, (recurrent and development) from ministries and divisions to finalise the outlay for 2012-13. Sources said the five-day priorities committe
Published 10 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Monday (April 09, 2012).

Published 10 Apr, 2012 12:00am
Budget-making process gets under way: demands for allocations sought

Budget-making process gets under way: demands for allocations sought

The government formally started the process of budget-making on Monday by seeking demands for allocation of budget, (recurrent and development) from ministries and divisions to finalise the outlay for 2012-13. Sources said the five-day priorities committe
Published 10 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Monday (April 09, 2012).

Published 10 Apr, 2012 12:00am
Budget-making process gets under way: demands for allocations sought

Budget-making process gets under way: demands for allocations sought

The government formally started the process of budget-making on Monday by seeking demands for allocation of budget, (recurrent and development) from ministries and divisions to finalise the outlay for 2012-13. Sources said the five-day priorities committe
Published 10 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Monday (April 09, 2012).

Published 10 Apr, 2012 12:00am
US says ready to help Pak-India to resolve Siachen issue

US says ready to help Pak-India to resolve Siachen issue

The United States says it is ready to help Pakistan and India to solve their differences over Siachen Glacier's issue, a private TV channel reported. State Department spokeswoman Victoria Nuland during a news briefing expressed sorrow over Siachin inciden
Published 10 Apr, 2012 12:00am
US says ready to help Pak-India to resolve Siachen issue

US says ready to help Pak-India to resolve Siachen issue

The United States says it is ready to help Pakistan and India to solve their differences over Siachen Glacier's issue, a private TV channel reported. State Department spokeswoman Victoria Nuland during a news briefing expressed sorrow over Siachin inciden
Published 10 Apr, 2012 12:00am
Commanders review security situation

Commanders review security situation

Top military commanders met on Monday to chalk out a comprehensive defence strategy to safeguard the country from internal as well as external threats. Chief of the Army Staff General Parvez Ashfaq Kayani chaired the Formation Commanders Conference (FCC)
Published 10 Apr, 2012 12:00am
Commanders review security situation

Commanders review security situation

Top military commanders met on Monday to chalk out a comprehensive defence strategy to safeguard the country from internal as well as external threats. Chief of the Army Staff General Parvez Ashfaq Kayani chaired the Formation Commanders Conference (FCC)
Published 10 Apr, 2012 12:00am
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