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Print - 2012-10-13
Anti-Islam movie: Hafiz Saeed moves LHC

Anti-Islam movie: Hafiz Saeed moves LHC

Jamatud Dawa chief Hafiz Muhammad Saeed has filed a petition before the Lahore High Court, seeking directions for the government to move International Court of Justice against the makers of anti-Islam film. Hafiz Saeed has urged the court to direct the go
Published 13 Oct, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Oct, 2012 12:00am
Dressing down for power crisis

Dressing down for power crisis

Faced with an energy crisis of crippling dimensions, Pakistan has rolled out a new strategy to curb consumption: telling civil servants to dress appropriately for the weather. Government officials are being directed to wrap up warm in winter and keep cool
Published 13 Oct, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 13 Oct, 2012 12:00am
Dressing down for power crisis

Dressing down for power crisis

Faced with an energy crisis of crippling dimensions, Pakistan has rolled out a new strategy to curb consumption: telling civil servants to dress appropriately for the weather. Government officials are being directed to wrap up warm in winter and keep cool
Published 13 Oct, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 13 Oct, 2012 12:00am
Dressing down for power crisis

Dressing down for power crisis

Faced with an energy crisis of crippling dimensions, Pakistan has rolled out a new strategy to curb consumption: telling civil servants to dress appropriately for the weather. Government officials are being directed to wrap up warm in winter and keep cool
Published 13 Oct, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 Oct, 2012 12:00am
Arrest warrant issued for Indian magnate Mallya

Arrest warrant issued for Indian magnate Mallya

An Indian court filed an arrest warrant Friday for Vijay Mallya, a Formula One tycoon nicknamed the "King of Good Times", over allegations that cheques written by his troubled airline had bounced. The non-bailable warrant was issued in the local sessions
Published 13 Oct, 2012 12:00am
Arrest warrant issued for Indian magnate Mallya

Arrest warrant issued for Indian magnate Mallya

An Indian court filed an arrest warrant Friday for Vijay Mallya, a Formula One tycoon nicknamed the "King of Good Times", over allegations that cheques written by his troubled airline had bounced. The non-bailable warrant was issued in the local sessions
Published 13 Oct, 2012 12:00am
Arrest warrant issued for Indian magnate Mallya

Arrest warrant issued for Indian magnate Mallya

An Indian court filed an arrest warrant Friday for Vijay Mallya, a Formula One tycoon nicknamed the "King of Good Times", over allegations that cheques written by his troubled airline had bounced. The non-bailable warrant was issued in the local sessions
Published 13 Oct, 2012 12:00am
Missing persons: PCNS finalises recommendations

Missing persons: PCNS finalises recommendations

The Parliamentary Committee on National Security (PCNS) has reportedly finalised its recommendations regarding missing persons, it is learnt. According to the sources, the committee recommended that the law enforcement agencies would not be allowed to kee
Published 13 Oct, 2012 12:00am
Missing persons: PCNS finalises recommendations

Missing persons: PCNS finalises recommendations

The Parliamentary Committee on National Security (PCNS) has reportedly finalised its recommendations regarding missing persons, it is learnt. According to the sources, the committee recommended that the law enforcement agencies would not be allowed to kee
Published 13 Oct, 2012 12:00am
Supreme Court confirms pre-arrest bails of Shahabuddin, Musa

Supreme Court confirms pre-arrest bails of Shahabuddin, Musa

The Supreme Court on Friday confirmed pre-arrest bails of Federal Textile Minister Makhdoom Shahabuddin and Ali Musa Gilani, son of former prime minister Yousuf Raza Gillani, in the ephedrine quota allotment case. A three-member bench headed by Justice Na
Published 13 Oct, 2012 12:00am
Supreme Court confirms pre-arrest bails of Shahabuddin, Musa

Supreme Court confirms pre-arrest bails of Shahabuddin, Musa

The Supreme Court on Friday confirmed pre-arrest bails of Federal Textile Minister Makhdoom Shahabuddin and Ali Musa Gilani, son of former prime minister Yousuf Raza Gillani, in the ephedrine quota allotment case. A three-member bench headed by Justice Na
Published 13 Oct, 2012 12:00am
Dutch court jails nine Somali pirates

Dutch court jails nine Somali pirates

A Dutch court sentenced nine Somalis to four-and-a-half years in prison on Friday for hijacking an Iranian ship in the pirate-infested Gulf of Aden last year. "The suspects have been found guilty of piracy and sentenced to four-and-a-half years," the Rott
Published 13 Oct, 2012 12:00am
Dutch court jails nine Somali pirates

Dutch court jails nine Somali pirates

A Dutch court sentenced nine Somalis to four-and-a-half years in prison on Friday for hijacking an Iranian ship in the pirate-infested Gulf of Aden last year. "The suspects have been found guilty of piracy and sentenced to four-and-a-half years," the Rott
Published 13 Oct, 2012 12:00am
ICI Pakistan stake: final purchase price adjusted at Rs 13.053 billion

ICI Pakistan stake: final purchase price adjusted at Rs 13.053 billion

The final purchase price for acquisition of a 75.81 percent shareholding of ICI Pakistan Limited by Lucky Cement in consortium with other group entities of Yunus Brothers Group has been adjusted at Rs 13.053 billion translating into Rs 186.42 per share of
Published 13 Oct, 2012 12:00am
ICI Pakistan stake: final purchase price adjusted at Rs 13.053 billion

ICI Pakistan stake: final purchase price adjusted at Rs 13.053 billion

The final purchase price for acquisition of a 75.81 percent shareholding of ICI Pakistan Limited by Lucky Cement in consortium with other group entities of Yunus Brothers Group has been adjusted at Rs 13.053 billion translating into Rs 186.42 per share of
Published 13 Oct, 2012 12:00am
ICI Pakistan stake: final purchase price adjusted at Rs 13.053 billion

ICI Pakistan stake: final purchase price adjusted at Rs 13.053 billion

The final purchase price for acquisition of a 75.81 percent shareholding of ICI Pakistan Limited by Lucky Cement in consortium with other group entities of Yunus Brothers Group has been adjusted at Rs 13.053 billion translating into Rs 186.42 per share of
Published 13 Oct, 2012 12:00am
ICI Pakistan stake: final purchase price adjusted at Rs 13.053 billion

ICI Pakistan stake: final purchase price adjusted at Rs 13.053 billion

The final purchase price for acquisition of a 75.81 percent shareholding of ICI Pakistan Limited by Lucky Cement in consortium with other group entities of Yunus Brothers Group has been adjusted at Rs 13.053 billion translating into Rs 186.42 per share of
Published 13 Oct, 2012 12:00am
Zardari telephones Malala's father

Zardari telephones Malala's father

President Asif Ali Zardari on Friday telephoned Zia-ud-Din Yousufzai, father of Malala Yousufzai. The President while expressing grief and shock over the incident strongly condemned the barbaric act of the militants. He said that through such acts the mil
Published 13 Oct, 2012 12:00am
Zardari telephones Malala's father

Zardari telephones Malala's father

President Asif Ali Zardari on Friday telephoned Zia-ud-Din Yousufzai, father of Malala Yousufzai. The President while expressing grief and shock over the incident strongly condemned the barbaric act of the militants. He said that through such acts the mil
Published 13 Oct, 2012 12:00am
J.P Morgan posts record profit jump

J.P Morgan posts record profit jump

J.P. Morgan Chase & Co posted a record quarterly profit on Friday as falling interest rates and a recovering housing market brought big increases in mortgage lending. The mortgage market, long a drag on bank results, is starting to lift lenders'''' earnin
Published 13 Oct, 2012 12:00am
J.P Morgan posts record profit jump

J.P Morgan posts record profit jump

J.P. Morgan Chase & Co posted a record quarterly profit on Friday as falling interest rates and a recovering housing market brought big increases in mortgage lending. The mortgage market, long a drag on bank results, is starting to lift lenders'' earnings
Published 13 Oct, 2012 12:00am
J.P Morgan posts record profit jump

J.P Morgan posts record profit jump

J.P. Morgan Chase & Co posted a record quarterly profit on Friday as falling interest rates and a recovering housing market brought big increases in mortgage lending. The mortgage market, long a drag on bank results, is starting to lift lenders' earnings
Published 13 Oct, 2012 12:00am
J.P Morgan posts record profit jump

J.P Morgan posts record profit jump

J.P. Morgan Chase & Co posted a record quarterly profit on Friday as falling interest rates and a recovering housing market brought big increases in mortgage lending. The mortgage market, long a drag on bank results, is starting to lift lenders' earnings
Published 13 Oct, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 12, 2012).

Published 13 Oct, 2012 12:00am
Cabinet panel on Balochistan opposes action against security agencies

Cabinet panel on Balochistan opposes action against security agencies

Special Cabinet Committee on Balochistan (SCCB) has opposed action against law enforcement agencies, including commanders of the Frontier Constabulary and intelligence agencies despite allegations of targeted killings, kidnappings and mutilating dead bodi
Published 13 Oct, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 12, 2012).

Published 13 Oct, 2012 12:00am
Cabinet panel on Balochistan opposes action against security agencies

Cabinet panel on Balochistan opposes action against security agencies

Special Cabinet Committee on Balochistan (SCCB) has opposed action against law enforcement agencies, including commanders of the Frontier Constabulary and intelligence agencies despite allegations of targeted killings, kidnappings and mutilating dead bodi
Published 13 Oct, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 12, 2012).

Published 13 Oct, 2012 12:00am
EU insurers strip cover from Titan ships storing Iran oil

EU insurers strip cover from Titan ships storing Iran oil

Two European insurers have withdrawn cover for tankers involved in the Iranian oil trade, the first such move since tough new sanctions were imposed in July, documents obtained by Reuters show. The tankers, operated by Hong Kong''s Titan Petrochemicals Gr
Published 13 Oct, 2012 12:00am
EU insurers strip cover from Titan ships storing Iran oil

EU insurers strip cover from Titan ships storing Iran oil

Two European insurers have withdrawn cover for tankers involved in the Iranian oil trade, the first such move since tough new sanctions were imposed in July, documents obtained by Reuters show. The tankers, operated by Hong Kong's Titan Petrochemicals Gro
Published 13 Oct, 2012 12:00am
EU insurers strip cover from Titan ships storing Iran oil

EU insurers strip cover from Titan ships storing Iran oil

Two European insurers have withdrawn cover for tankers involved in the Iranian oil trade, the first such move since tough new sanctions were imposed in July, documents obtained by Reuters show. The tankers, operated by Hong Kong's Titan Petrochemicals Gro
Published 13 Oct, 2012 12:00am
US 'digital diplomat' Alec Ross is here

US 'digital diplomat' Alec Ross is here

US Secretary of State Hillary Clinton's top "digital diplomat," Alec Ross is visiting Pakistan to share his experiences on the use of technology and fostering innovation with members of the Pakistani government including Foreign Minister Hina Rabbani Khar
Published 13 Oct, 2012 12:00am
US 'digital diplomat' Alec Ross is here

US 'digital diplomat' Alec Ross is here

US Secretary of State Hillary Clinton's top "digital diplomat," Alec Ross is visiting Pakistan to share his experiences on the use of technology and fostering innovation with members of the Pakistani government including Foreign Minister Hina Rabbani Khar
Published 13 Oct, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (October 12, 2012).

Published 13 Oct, 2012 12:00am
Four statutes empower FBR to grant tax exemptions

Four statutes empower FBR to grant tax exemptions

The Constitution has empowered the Federal Board of Revenue (FBR) to issue Statutory Regulatory Orders (SROs) for granting tax exemptions to individuals/sectors under Customs Act, 1969, Income Tax Ordinance, 2001, Sales Tax Act, 1990 and Federal Excise Ac
Published 13 Oct, 2012 12:00am
Four statutes empower FBR to grant tax exemptions

Four statutes empower FBR to grant tax exemptions

The Constitution has empowered the Federal Board of Revenue (FBR) to issue Statutory Regulatory Orders (SROs) for granting tax exemptions to individuals/sectors under Customs Act, 1969, Income Tax Ordinance, 2001, Sales Tax Act, 1990 and Federal Excise Ac
Published 13 Oct, 2012 12:00am
Four statutes empower FBR to grant tax exemptions

Four statutes empower FBR to grant tax exemptions

The Constitution has empowered the Federal Board of Revenue (FBR) to issue Statutory Regulatory Orders (SROs) for granting tax exemptions to individuals/sectors under Customs Act, 1969, Income Tax Ordinance, 2001, Sales Tax Act, 1990 and Federal Excise Ac
Published 13 Oct, 2012 12:00am
BRIndex30 dips 136.9 points

BRIndex30 dips 136.9 points

On Friday, BRIndex30 opened at 10,704.89. It touched an intraday high of 10,753.23 and an intraday low of 10,556.84 and closed at 10,567.99 which was -136.9 points or -1.28 percent lower than previous close. Total volume was 65,105,700, which was 57.55 pe
Published 13 Oct, 2012 12:00am
BRIndex30 dips 136.9 points

BRIndex30 dips 136.9 points

On Friday, BRIndex30 opened at 10,704.89. It touched an intraday high of 10,753.23 and an intraday low of 10,556.84 and closed at 10,567.99 which was -136.9 points or -1.28 percent lower than previous close. Total volume was 65,105,700, which was 57.55 pe
Published 13 Oct, 2012 12:00am
Index into deep red with 151.09-point loss

Index into deep red with 151.09-point loss

The local investors opted for profit taking in the second half on Friday that forced the benchmark KSE-100 index into deep red to close at 15,694.21 points with a net loss of 151.09 points. The foreign investors'' interest however continued and they remai
Published 13 Oct, 2012 12:00am
Index into deep red with 151.09-point loss

Index into deep red with 151.09-point loss

The local investors opted for profit taking in the second half on Friday that forced the benchmark KSE-100 index into deep red to close at 15,694.21 points with a net loss of 151.09 points. The foreign investors' interest however continued and they remain
Published 13 Oct, 2012 12:00am
Index into deep red with 151.09-point loss

Index into deep red with 151.09-point loss

The local investors opted for profit taking in the second half on Friday that forced the benchmark KSE-100 index into deep red to close at 15,694.21 points with a net loss of 151.09 points. The foreign investors' interest however continued and they remain
Published 13 Oct, 2012 12:00am
EU''s Nobel award gets mixed welcome

EU''s Nobel award gets mixed welcome

Europe''s leaders hailed Friday''s award of the 2012 Nobel Peace Prize to the EU in recognition of 60 years without war, but critics attacked it as misplaced, even undeserved, while tweeters derided it as a bad joke. Alongside congratulations, there were
Published 13 Oct, 2012 12:00am
EU's Nobel award gets mixed welcome

EU's Nobel award gets mixed welcome

Europe's leaders hailed Friday's award of the 2012 Nobel Peace Prize to the EU in recognition of 60 years without war, but critics attacked it as misplaced, even undeserved, while tweeters derided it as a bad joke. Alongside congratulations, there were ca
Published 13 Oct, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 12, 2012).

Published 13 Oct, 2012 12:00am
EU's Nobel award gets mixed welcome

EU's Nobel award gets mixed welcome

Europe's leaders hailed Friday's award of the 2012 Nobel Peace Prize to the EU in recognition of 60 years without war, but critics attacked it as misplaced, even undeserved, while tweeters derided it as a bad joke. Alongside congratulations, there were ca
Published 13 Oct, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 12, 2012).
Published 13 Oct, 2012 12:00am
EU wins 2012 Nobel Peace Prize

EU wins 2012 Nobel Peace Prize

The European Union won the Nobel Peace Prize on Friday for promoting peace, democracy and human rights over six decades in an award seen as a morale boost as the bloc struggles to resolve its economic crisis. The award served as a reminder that the EU had
Published 13 Oct, 2012 12:00am
EU wins 2012 Nobel Peace Prize

EU wins 2012 Nobel Peace Prize

The European Union won the Nobel Peace Prize on Friday for promoting peace, democracy and human rights over six decades in an award seen as a morale boost as the bloc struggles to resolve its economic crisis. The award served as a reminder that the EU had
Published 13 Oct, 2012 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (October 12, 2012).

Published 13 Oct, 2012 12:00am
EU wins 2012 Nobel Peace Prize

EU wins 2012 Nobel Peace Prize

The European Union won the Nobel Peace Prize on Friday for promoting peace, democracy and human rights over six decades in an award seen as a morale boost as the bloc struggles to resolve its economic crisis. The award served as a reminder that the EU had
Published 13 Oct, 2012 12:00am
Islamabad, Kabul wrap up transit trade talks

Islamabad, Kabul wrap up transit trade talks

Pakistan and Afghanistan on Friday wrapped up two-day parlays on issues being faced by businessmen of both countries under the umbrella of Afghanistan Pakistan Transit Trade Co-ordination Authority (APTTCA). Both countries started talks on October 11 this
Published 13 Oct, 2012 12:00am