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Print - 2012-04-25
Foolproof drainage arrangements for monsoon season ordered

Foolproof drainage arrangements for monsoon season ordered

Special Assistant to Chief Minister Punjab on Health, Kh. Salman Rafique has directed the concerned authorities to make foolproof drainage arrangements before commencement of monsoon season and dewatering from open plots in the co-operative and other hous
Published 25 Apr, 2012 12:00am
10 companies apply for wheat silos' construction

10 companies apply for wheat silos' construction

As many as 10 companies have applied with the Punjab Food Department for pre-qualification for the construction of wheat silos in the province. According to the spokesperson of the Punjab Food Department, a Bid Evaluation Committee chaired by the Secretar
Published 25 Apr, 2012 12:00am
Appointment of HBFCL Managing director: clarification

Appointment of HBFCL Managing director: clarification

The House Building Finance Company Limited (HBFCL) condemns what it says a concerted campaign being carried out by unscrupulous vested interests with a view to defaming the country's leading housing finance institution and its management through media. Re
Published 25 Apr, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Apr, 2012 12:00am
Indian shipping firms to carry Iran crude despite reduced insurance

Indian shipping firms to carry Iran crude despite reduced insurance

Indian shipping firms will continue to transport Iranian crude even if limited insurance coverage due to tightening Western sanctions leaves them financially exposed to a spill or accident, a top executive and industry sources said. Tough new European Uni
Published 25 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 25 Apr, 2012 12:00am
Indian shipping firms to carry Iran crude despite reduced insurance

Indian shipping firms to carry Iran crude despite reduced insurance

Indian shipping firms will continue to transport Iranian crude even if limited insurance coverage due to tightening Western sanctions leaves them financially exposed to a spill or accident, a top executive and industry sources said. Tough new European Uni
Published 25 Apr, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Apr, 2012 12:00am
Indian shipping firms to carry Iran crude despite reduced insurance

Indian shipping firms to carry Iran crude despite reduced insurance

Indian shipping firms will continue to transport Iranian crude even if limited insurance coverage due to tightening Western sanctions leaves them financially exposed to a spill or accident, a top executive and industry sources said. Tough new European Uni
Published 25 Apr, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 25 Apr, 2012 12:00am
Indian shipping firms to carry Iran crude despite reduced insurance

Indian shipping firms to carry Iran crude despite reduced insurance

Indian shipping firms will continue to transport Iranian crude even if limited insurance coverage due to tightening Western sanctions leaves them financially exposed to a spill or accident, a top executive and industry sources said. Tough new European Uni
Published 25 Apr, 2012 12:00am
Shakirullah Jan next CEC?

Shakirullah Jan next CEC?

Supreme Court Justice Mian Shakirullah Jan, who has been holding the additional charge of Acting Chief Election Commissioner (CEC), may be appointed as CEC for a constitutionally mandated five-year term after his retirement in August 2012.
Published 25 Apr, 2012 12:00am
Shakirullah Jan next CEC?

Shakirullah Jan next CEC?

Supreme Court Justice Mian Shakirullah Jan, who has been holding the additional charge of Acting Chief Election Commissioner (CEC), may be appointed as CEC for a constitutionally mandated five-year term after his retirement in August 2012.
Published 25 Apr, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 25 Apr, 2012 12:00am
POL prices may decline next month

POL prices may decline next month

The prices of petroleum products are expected to go down by as much as Rs 3.75 per litre from May 1, as the crude oil price in the global market witnessed a reduction of $3 per barrel, it is learnt. Sources in the ministry of petroleum and natural resourc
Published 25 Apr, 2012 12:00am
POL prices may decline next month

POL prices may decline next month

The prices of petroleum products are expected to go down by as much as Rs 3.75 per litre from May 1, as the crude oil price in the global market witnessed a reduction of $3 per barrel, it is learnt. Sources in the ministry of petroleum and natural resourc
Published 25 Apr, 2012 12:00am
POL prices may decline next month

POL prices may decline next month

The prices of petroleum products are expected to go down by as much as Rs 3.75 per litre from May 1, as the crude oil price in the global market witnessed a reduction of $3 per barrel, it is learnt. Sources in the ministry of petroleum and natural resourc
Published 25 Apr, 2012 12:00am
Waheeda Shah's petition: SHC orders status quo till May 15

Waheeda Shah's petition: SHC orders status quo till May 15

A division bench of Sindh High Court (SHC) here on Tuesday ordered status quo in a petition filed by Syeda Wahida Shah against by-election, scheduled for April 26 in Sindh Assembly constituency (PS-53). The bench comprising Justice Aqeel Ahmed Abbassi and
Published 25 Apr, 2012 12:00am
Waheeda Shah's petition: SHC orders status quo till May 15

Waheeda Shah's petition: SHC orders status quo till May 15

A division bench of Sindh High Court (SHC) here on Tuesday ordered status quo in a petition filed by Syeda Wahida Shah against by-election, scheduled for April 26 in Sindh Assembly constituency (PS-53). The bench comprising Justice Aqeel Ahmed Abbassi and
Published 25 Apr, 2012 12:00am
Global famine if India, Pakistan unleash nukes

Global famine if India, Pakistan unleash nukes

More than a billion people around the world would face starvation if India and Pakistan unleash nuclear weapons - even if that war is regionally limited, a study released Tuesday warned. That's because the deadly and polluting weapons would cause major wo
Published 25 Apr, 2012 12:00am
Global famine if India, Pakistan unleash nukes

Global famine if India, Pakistan unleash nukes

More than a billion people around the world would face starvation if India and Pakistan unleash nuclear weapons - even if that war is regionally limited, a study released Tuesday warned. That's because the deadly and polluting weapons would cause major wo
Published 25 Apr, 2012 12:00am
No loan request sent to IMF?

No loan request sent to IMF?

Pakistan has not requested any loan from the International Monetary Fund (IMF) with serious apprehensions increasingly being voiced by independent economists challenging the government ability to repay the IMF without external support. Sources in the Mini
Published 25 Apr, 2012 12:00am
No loan request sent to IMF?

No loan request sent to IMF?

Pakistan has not requested any loan from the International Monetary Fund (IMF) with serious apprehensions increasingly being voiced by independent economists challenging the government ability to repay the IMF without external support. Sources in the Mini
Published 25 Apr, 2012 12:00am
No loan request sent to IMF?

No loan request sent to IMF?

Pakistan has not requested any loan from the International Monetary Fund (IMF) with serious apprehensions increasingly being voiced by independent economists challenging the government ability to repay the IMF without external support. Sources in the Mini
Published 25 Apr, 2012 12:00am
Amnesty says veil bans rob Muslims of jobs, education

Amnesty says veil bans rob Muslims of jobs, education

Bans on full-face veils in France and Belgium and a failure by other European countries to stop employers from enforcing informal dress codes means Muslim women are being denied jobs and education, Amnesty International said on Tuesday.
Published 25 Apr, 2012 12:00am
Amnesty says veil bans rob Muslims of jobs, education

Amnesty says veil bans rob Muslims of jobs, education

Bans on full-face veils in France and Belgium and a failure by other European countries to stop employers from enforcing informal dress codes means Muslim women are being denied jobs and education, Amnesty International said on Tuesday.
Published 25 Apr, 2012 12:00am
Amnesty says veil bans rob Muslims of jobs, education

Amnesty says veil bans rob Muslims of jobs, education

Bans on full-face veils in France and Belgium and a failure by other European countries to stop employers from enforcing informal dress codes means Muslim women are being denied jobs and education, Amnesty International said on Tuesday.
Published 25 Apr, 2012 12:00am
Khalid Mansoor quits

Khalid Mansoor quits

Khalid Mansoor has resigned as President and Chief Executive Officer of Engro Fertilisers Limited, after he accepted some new assignment abroad, according to sources. Mansoor holds a degree in Chemical Engineering with distinction and honours. Since Janua
Published 25 Apr, 2012 12:00am
Khalid Mansoor quits

Khalid Mansoor quits

Khalid Mansoor has resigned as President and Chief Executive Officer of Engro Fertilisers Limited, after he accepted some new assignment abroad, according to sources. Mansoor holds a degree in Chemical Engineering with distinction and honours. Since Janua
Published 25 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (April 24, 2012).

Published 25 Apr, 2012 12:00am
Khalid Mansoor quits

Khalid Mansoor quits

Khalid Mansoor has resigned as President and Chief Executive Officer of Engro Fertilisers Limited, after he accepted some new assignment abroad, according to sources. Mansoor holds a degree in Chemical Engineering with distinction and honours. Since Janua
Published 25 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (April 24, 2012).

Published 25 Apr, 2012 12:00am
Engro Corp names new president, CEO

Engro Corp names new president, CEO

Muhammad Aliuddin Ansari has been appointed the new president and CEO of Engro Corp. He will assume the responsibility from May 12, 2012. The corporation''s board of directors made the announcement on Tuesday. Ansari takes over the Company from the outgoi
Published 25 Apr, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Tuesday (April 24, 2012).

Published 25 Apr, 2012 12:00am
Engro Corp names new president, CEO

Engro Corp names new president, CEO

Muhammad Aliuddin Ansari has been appointed the new president and CEO of Engro Corp. He will assume the responsibility from May 12, 2012. The corporation's board of directors made the announcement on Tuesday. Ansari takes over the Company from the outgoin
Published 25 Apr, 2012 12:00am
Engro Corp names new president, CEO

Engro Corp names new president, CEO

Muhammad Aliuddin Ansari has been appointed the new president and CEO of Engro Corp. He will assume the responsibility from May 12, 2012. The corporation's board of directors made the announcement on Tuesday. Ansari takes over the Company from the outgoin
Published 25 Apr, 2012 12:00am
Zardari signs IPR Ordinance

Zardari signs IPR Ordinance

President Asif Ali Zardari on Tuesday signed the Intellectual Property Rights (IP) Ordinance 2012 on the advice of Prime Minister Yousuf Raza Gilani. Spokesperson to the President Senator Farhatullah Babar said that the Ordinance was signed as the Ordinan
Published 25 Apr, 2012 12:00am
Zardari signs IPR Ordinance

Zardari signs IPR Ordinance

President Asif Ali Zardari on Tuesday signed the Intellectual Property Rights (IP) Ordinance 2012 on the advice of Prime Minister Yousuf Raza Gilani. Spokesperson to the President Senator Farhatullah Babar said that the Ordinance was signed as the Ordinan
Published 25 Apr, 2012 12:00am
Zardari signs IPR Ordinance

Zardari signs IPR Ordinance

President Asif Ali Zardari on Tuesday signed the Intellectual Property Rights (IP) Ordinance 2012 on the advice of Prime Minister Yousuf Raza Gilani. Spokesperson to the President Senator Farhatullah Babar said that the Ordinance was signed as the Ordinan
Published 25 Apr, 2012 12:00am
Zardari signs IPR Ordinance

Zardari signs IPR Ordinance

President Asif Ali Zardari on Tuesday signed the Intellectual Property Rights (IP) Ordinance 2012 on the advice of Prime Minister Yousuf Raza Gilani. Spokesperson to the President Senator Farhatullah Babar said that the Ordinance was signed as the Ordinan
Published 25 Apr, 2012 12:00am
LSE index declines by 7.93 points

LSE index declines by 7.93 points

Equities moved both the ways but finally settled in negative column at the Lahore Stock Exchange (LSE) amid ascending transaction volume on Tuesday. The LSE-25 index moved down to 3743.09 points against 3751.02 points of Monday, showing a decline of 07.93
Published 25 Apr, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (April 24, 2012).

Published 25 Apr, 2012 12:00am
LSE index declines by 7.93 points

LSE index declines by 7.93 points

Equities moved both the ways but finally settled in negative column at the Lahore Stock Exchange (LSE) amid ascending transaction volume on Tuesday. The LSE-25 index moved down to 3743.09 points against 3751.02 points of Monday, showing a decline of 07.93
Published 25 Apr, 2012 12:00am
Turnover tax regime to continue, insists FBR

Turnover tax regime to continue, insists FBR

The Federal Board of Revenue (FBR) is planning to continue with one percent turnover tax regime in budget (2012-2013) to avoid a revenue loss of around Rs 20 billion during the next fiscal year. Sources told Business Recorder here on Tuesday that k
Published 25 Apr, 2012 12:00am
Tariff for motorcycle CKD kits likely to be cut

Tariff for motorcycle CKD kits likely to be cut

The government has decided to reduce tariff for motorcycle CKD kits for new entrants from 15 percent to 5 percent for five years, arguing that the motorcycle industry is not nascent anymore, sources in the Engineering Development Board (EDB) told Busin
Published 25 Apr, 2012 12:00am
Video-link facility: Haqqani's request turned down

Video-link facility: Haqqani's request turned down

Disposing of an application filed by former ambassador to the US Husain Haqqani to record his statement before Memogate Commission through a video-link from abroad, the Supreme Court on Tuesday said it was Commission's prerogative to decide mechanisms tha
Published 25 Apr, 2012 12:00am
Video-link facility: Haqqani's request turned down

Video-link facility: Haqqani's request turned down

Disposing of an application filed by former ambassador to the US Husain Haqqani to record his statement before Memogate Commission through a video-link from abroad, the Supreme Court on Tuesday said it was Commission's prerogative to decide mechanisms tha
Published 25 Apr, 2012 12:00am
Two killed in Lahore bomb blast

Two killed in Lahore bomb blast

Two persons were killed and 27 others injured in a bomb blast at Lahore Railway station on Tuesday. The blast outside the Business Train Counter at platform No 2 ripped through the busy Lahore railway station. Immediately after the explosion, police cordo
Published 25 Apr, 2012 12:00am
Two killed in Lahore bomb blast

Two killed in Lahore bomb blast

Two persons were killed and 27 others injured in a bomb blast at Lahore Railway station on Tuesday. The blast outside the Business Train Counter at platform No 2 ripped through the busy Lahore railway station. Immediately after the explosion, police cordo
Published 25 Apr, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (April 24, 2012).

Published 25 Apr, 2012 12:00am
BRIndex30 dips 71.3 points

BRIndex30 dips 71.3 points

On Tues-day, BRIndex30 opened at 10,662.82. It touched an intraday high of 10,785.49 and an intraday low of 10,567.7 and closed at 10,591.52 which was -71.3 points or -0.67 percent lower than previous close. Total volume was 241,091,206, which was 81.13 p
Published 25 Apr, 2012 12:00am