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Print - 2014-07-09
Modern transmitters to be operational in August: PBC

Modern transmitters to be operational in August: PBC

High-power transmitters of Radio Pakistan will become operational in different cities including Dera Ismail Khan, Hyderabad and Faqirabad in August, said a PBC spokesman here on Tuesday. Talking to Agency, Mehmood Riaz uddin said the organisation had laun
Published 09 Jul, 2014 12:00am
Hot & humid weather forecast today

Hot & humid weather forecast today

Hot and humid weather conditions are expected in most parts of the country today. However, rain-thundershower is expected at isolated places of Gilgit-Baltistan. In its daily weather report, the Met Office said that hot and humid weather conditions are ex
Published 09 Jul, 2014 12:00am
38 held in crackdown against profiteers

38 held in crackdown against profiteers

District administration arrested 38 persons as the crackdown against profiteers was extended to suburban areas of the city. According to details, on the directives of the Deputy Commissioner (DC) Peshawar, Syed Zaheer-ul-Islam, Additional Assistant Commis
Published 09 Jul, 2014 12:00am
Levy of 17 percent: ACT to discourage companies declaring losses: FBR

Levy of 17 percent: ACT to discourage companies declaring losses: FBR

The Federal Board of Revenue (FBR) has estimated major reduction in the number of companies persistently declaring losses to evade income tax after the introduction of 17 percent Alternative Corporate Tax (ACT) under Finance Act, 2014. Sources told Bus
Published 09 Jul, 2014 12:00am
HBL, IBA sign MoU for banking services

HBL, IBA sign MoU for banking services

HBL, Pakistan's largest Bank, recently signed an agreement with IBA, Pakistan's most trusted name in higher education sector for HBL employee banking solution. The solution will allow IBA to avail customised payroll and salary account services for IBA's e
Published 09 Jul, 2014 12:00am
Azam assumes charge as acting secretary for information

Azam assumes charge as acting secretary for information

Mohammad Azam assumed charge as Acting Secretary Ministry of Information, Broadcasting and National Heritage on Tuesday. He joined Information Services of Pakistan after qualifying CSS in 1981. He served as Principal Information Officer (PIO), Joint Secre
Published 09 Jul, 2014 12:00am
Appointment of CEC: PPP, PTI hold talks on formation of body

Appointment of CEC: PPP, PTI hold talks on formation of body

The top leadership of Pakistan Tehrik-e-Insaf and Pakistan People's Party have discussed the appointment of the Chief Election Commissioner and issues pertaining to a parliamentary committee on election reforms. PTI leader Shah Mahmood Qureshi told Bus
Published 09 Jul, 2014 12:00am
Price control in Ramazan; LHC summons DCO

Price control in Ramazan; LHC summons DCO

The Lahore High Court here on Tuesday directed District Co-ordination Officer (DCO) to appear in person on Wednesday (today) in a petition challenging high prices and hoarding before and during the holy month of Ramazan and explain as to why government fa
Published 09 Jul, 2014 12:00am
Huge quantity of narcotics seized, eight held

Huge quantity of narcotics seized, eight held

The Anti-Narcotics Force (ANF) in different raids recovered 1010kgs charas, 5 kgs heroin and 1.7kg amphetamine. ANF arrested eight persons and seized two vehicles. An ANF spokesman said on Tuesday that ANF Lahore seized a Honda Airwave Car No UU-106-ICT n
Published 09 Jul, 2014 12:00am
Operation to continue till elimination of terrorism: Prime Minister

Operation to continue till elimination of terrorism: Prime Minister

Prime Minister Muhammad Nawaz Sharif has directed to take all possible measures to reduce hardships of Internally Displaced Persons (IDPs). This he said during a meeting with Finance Minister Ishaq Dar here on Tuesday. The finance minister informed about
Published 09 Jul, 2014 12:00am
US firm interested in treatment of solid wastes in Karachi

US firm interested in treatment of solid wastes in Karachi

A US private firm has expressed interest in treatment and disposal of the solid waste of the city. A four-member delegation of American Princeton Environmental Group Inc called on Administrator Karachi Rauf Akhter Farooqui to discuss the solid water manag
Published 09 Jul, 2014 12:00am
PTA, FIA confiscate 2 illegal gateway exchanges

PTA, FIA confiscate 2 illegal gateway exchanges

A joint team of Pakistan Telecommunication Authority (PTA) and Federal Investigation Agency (FIA) carried out two more successful raids and confiscated two operational illegal gateways exchanges along with supporting equipment and hundreds of SIMs.
Published 09 Jul, 2014 12:00am
Cop among five killed in metropolis

Cop among five killed in metropolis

At least five people including a cop were killed in separate incidents of violence while CPLC claimed to have recovered two abductees here on Tuesday. According to police and rescue sources, Assistant Sub-Inspector (ASI) Muhammad Ali was shot and killed b
Published 09 Jul, 2014 12:00am
Zardari condoles death of Qasmi's sister

Zardari condoles death of Qasmi's sister

Former President Asif Ali Zardari has condoled the death of sister of renowned writer and columnist Ata-ul-Haq Qasmi. Former President in a condolence message addressed to Ata-ul-Qasmi said he was shocked and grieved by the news of his sister's death. Dea
Published 09 Jul, 2014 12:00am
Dr Mehr made president PTI women wing in KP

Dr Mehr made president PTI women wing in KP

Advisor to KP Chief Minister on Social Welfare and Women Development, Dr Mehr Taj Rogahni has been appointed as provincial president Pakistan Tehrik-e-Insaf women wing. According to a press release issued by PTI media cell here on Tuesday, the Party Chair
Published 09 Jul, 2014 12:00am
Three alleged members of TTP killed in encounter

Three alleged members of TTP killed in encounter

City police on Tuesday claimed to have killed three members of the banned Tehreek-e-Taliban Pakistan (TTP) during an alleged encounter in SITE area. According to police, the encounter took place in wee hours of Tuesday when the terrorists attacked a polic
Published 09 Jul, 2014 12:00am
Sasta bazaars: vendors selling items at higher prices

Sasta bazaars: vendors selling items at higher prices

The prices of fruit, vegetables and other food items at Sasta bazaars are still beyond the purchasing power of the general public. Despite tall claims of the Commissioner Karachi about stabilising the prices, a visit to different Sasta bazaars on Tuesday
Published 09 Jul, 2014 12:00am
Woman among three killed in road accidents

Woman among three killed in road accidents

Two people were killed and three were injured when a truck loaded with chickens overturned near toll plaza at National Highway. According to rescue sources, the chicken loaded truck overturned after the driver lost the control of his vehicle due to which
Published 09 Jul, 2014 12:00am
1481 'unlawful' licences: CNG scam to be referred to FIA

1481 'unlawful' licences: CNG scam to be referred to FIA

Prime Minister Nawaz Sharif as Minister Incharge Cabinet Division has reportedly given his approval to refer Compressed Natural Gas (CNG) licences scam to Federal Investigation Agency (FIA) after getting a formal approval from the Economic Co-ordination C
Published 09 Jul, 2014 12:00am
Vatican bank pays hefty price for clean-up

Vatican bank pays hefty price for clean-up

The Vatican bank, dogged by scandal and allegations of money laundering, has paid a colossal price for cleaning up its accounts, its 2013 financial statement showed Tuesday. The bank said it had blocked the accounts of more than 2,000 clients and shut dow
Published 09 Jul, 2014 12:00am
Volume falls to 34-month low

Volume falls to 34-month low

Volume fell to a 34-month low on Karachi Stock Exchange as investors struggled to search blindly or uncertainty for fresh triggers in a rangebound market. The benchmark KSE-100 index lost 31.39 points to close at 29,497.57 points. Samar Iqbal, AVP at Topl
Published 09 Jul, 2014 12:00am
Volume falls to 34-month low

Volume falls to 34-month low

Volume fell to a 34-month low on Karachi Stock Exchange as investors struggled to search blindly or uncertainty for fresh triggers in a rangebound market. The benchmark KSE-100 index lost 31.39 points to close at 29,497.57 points. Samar Iqbal, AVP at Topl
Published 09 Jul, 2014 12:00am
Volume falls to 34-month low

Volume falls to 34-month low

Volume fell to a 34-month low on Karachi Stock Exchange as investors struggled to search blindly or uncertainty for fresh triggers in a rangebound market. The benchmark KSE-100 index lost 31.39 points to close at 29,497.57 points. Samar Iqbal, AVP at Topl
Published 09 Jul, 2014 12:00am
BRIndex30 up 14.51 points

BRIndex30 up 14.51 points

On Tuesday, BRIndex30 opened at 16,693.66. It touched an intraday high of 16,757.74 and an intraday low of 16,678.79 and closed at 16,708.17, which was 14.51 points or 0.09 percent higher than previous close. Total volume was 39,465,600, which was 65.56 p
Published 09 Jul, 2014 12:00am
BRIndex30 up 14.51 points

BRIndex30 up 14.51 points

On Tuesday, BRIndex30 opened at 16,693.66. It touched an intraday high of 16,757.74 and an intraday low of 16,678.79 and closed at 16,708.17, which was 14.51 points or 0.09 percent higher than previous close. Total volume was 39,465,600, which was 65.56 p
Published 09 Jul, 2014 12:00am
Increase in basic pay, pension notified

Increase in basic pay, pension notified

Finance Ministry has notified a 10 percent increase in the basic pay of all the civil employees of the federal government as well as the civilians paid from Defence Estimates, and an increase in pension from Rs 5,000 to Rs 6,000. According to notification
Published 09 Jul, 2014 12:00am
Increase in basic pay, pension notified

Increase in basic pay, pension notified

Finance Ministry has notified a 10 percent increase in the basic pay of all the civil employees of the federal government as well as the civilians paid from Defence Estimates, and an increase in pension from Rs 5,000 to Rs 6,000. According to notification
Published 09 Jul, 2014 12:00am
Increase in basic pay, pension notified

Increase in basic pay, pension notified

Finance Ministry has notified a 10 percent increase in the basic pay of all the civil employees of the federal government as well as the civilians paid from Defence Estimates, and an increase in pension from Rs 5,000 to Rs 6,000. According to notification
Published 09 Jul, 2014 12:00am
Rates of food items: Advocates general asked to hold meetings

Rates of food items: Advocates general asked to hold meetings

The Supreme Court on Tuesday directed all the provincial food secretaries and Advocates General to hold consultative meetings on the provision of food items at subsidised rates. A three-member bench led by Justice Jawwad S Khawaja was hearing a petition f
Published 09 Jul, 2014 12:00am
Rates of food items: Advocates general asked to hold meetings

Rates of food items: Advocates general asked to hold meetings

The Supreme Court on Tuesday directed all the provincial food secretaries and Advocates General to hold consultative meetings on the provision of food items at subsidised rates. A three-member bench led by Justice Jawwad S Khawaja was hearing a petition f
Published 09 Jul, 2014 12:00am
Rates of food items: Advocates general asked to hold meetings

Rates of food items: Advocates general asked to hold meetings

The Supreme Court on Tuesday directed all the provincial food secretaries and Advocates General to hold consultative meetings on the provision of food items at subsidised rates. A three-member bench led by Justice Jawwad S Khawaja was hearing a petition f
Published 09 Jul, 2014 12:00am
OGDCL divestment: transaction by September, CCoP told

OGDCL divestment: transaction by September, CCoP told

Privatisation Commission has informed the Cabinet Committee on Privatisation (CCoP) that the work on the capital market transaction of Oil and Gas Development Company Limited (OGDCL) shares would be completed by September 2014. Sources said the government
Published 09 Jul, 2014 12:00am
OGDCL divestment: transaction by September, CCoP told

OGDCL divestment: transaction by September, CCoP told

Privatisation Commission has informed the Cabinet Committee on Privatisation (CCoP) that the work on the capital market transaction of Oil and Gas Development Company Limited (OGDCL) shares would be completed by September 2014. Sources said the government
Published 09 Jul, 2014 12:00am
OGDCL divestment: transaction by September, CCoP told

OGDCL divestment: transaction by September, CCoP told

Privatisation Commission has informed the Cabinet Committee on Privatisation (CCoP) that the work on the capital market transaction of Oil and Gas Development Company Limited (OGDCL) shares would be completed by September 2014. Sources said the government
Published 09 Jul, 2014 12:00am
FA for PIA: PC board to accord its approval on July 21

FA for PIA: PC board to accord its approval on July 21

The Privatisation Commission (PC) Board, which is scheduled to meet on July 21, would accord its approval to the appointment of financial advisor for restructuring and strategic privatisation of Pakistan International Airlines (PIA), it is learnt. Under t
Published 09 Jul, 2014 12:00am
FA for PIA: PC board to accord its approval on July 21

FA for PIA: PC board to accord its approval on July 21

The Privatisation Commission (PC) Board, which is scheduled to meet on July 21, would accord its approval to the appointment of financial advisor for restructuring and strategic privatisation of Pakistan International Airlines (PIA), it is learnt. Under t
Published 09 Jul, 2014 12:00am
FA for PIA: PC board to accord its approval on July 21

FA for PIA: PC board to accord its approval on July 21

The Privatisation Commission (PC) Board, which is scheduled to meet on July 21, would accord its approval to the appointment of financial advisor for restructuring and strategic privatisation of Pakistan International Airlines (PIA), it is learnt. Under t
Published 09 Jul, 2014 12:00am
Islamic State claims Baghdad bombs; parliament to meet Sunday

Islamic State claims Baghdad bombs; parliament to meet Sunday

Islamist militants claimed responsibility for suicide bombings in Baghdad, and there were signs the deadlock paralysing Iraq's parliament might finally be loosening in the face of the threat from the "Islamic State" that has seized much of the country. Th
Published 09 Jul, 2014 12:00am
Islamic State claims Baghdad bombs; parliament to meet Sunday

Islamic State claims Baghdad bombs; parliament to meet Sunday

Islamist militants claimed responsibility for suicide bombings in Baghdad, and there were signs the deadlock paralysing Iraq's parliament might finally be loosening in the face of the threat from the "Islamic State" that has seized much of the country. Th
Published 09 Jul, 2014 12:00am
Appointment of CEC: PPP seeks amendments to constitution

Appointment of CEC: PPP seeks amendments to constitution

Leader of opposition in the National Assembly Syed Khursheed Ahmed Shah has sought amendments to the Constitution in relation to the appointment of a permanent Chief Election Commissioner. While talking to media persons, the opposition leader said that po
Published 09 Jul, 2014 12:00am
Appointment of CEC: PPP seeks amendments to constitution

Appointment of CEC: PPP seeks amendments to constitution

Leader of opposition in the National Assembly Syed Khursheed Ahmed Shah has sought amendments to the Constitution in relation to the appointment of a permanent Chief Election Commissioner. While talking to media persons, the opposition leader said that po
Published 09 Jul, 2014 12:00am
Top German court questions tax benefits for small firms

Top German court questions tax benefits for small firms

Germany's Constitutional Court on Tuesday questioned government ministers over a law that grants tax breaks to people who inherit small and medium-sized firms, in a legal case that has rattled the country's famed Mittelstand. Mittelstand firms, widely see
Published 09 Jul, 2014 12:00am
Shia rebels seize city near Yemen capital

Shia rebels seize city near Yemen capital

Yemeni Shia rebels seized control Tuesday of the northern city of Amran, near the capital Saana, after three days of fierce fighting estimated to have uprooted some 10,000 families. "Amran is now under the control of the Huthi" rebels, who are also known
Published 09 Jul, 2014 12:00am
LSE index gains 7.91 points

LSE index gains 7.91 points

Mixed sentiments prevailed on the Lahore Stock Exchange on Tuesday where equities witnessed up and downward moves and finally settled in green zone amid improved trading turnover. The LSE-25 index gained 7.91 points to close at 5566.17 against 5558.26 of
Published 09 Jul, 2014 12:00am
LSE index gains 7.91 points

LSE index gains 7.91 points

Mixed sentiments prevailed on the Lahore Stock Exchange on Tuesday where equities witnessed up and downward moves and finally settled in green zone amid improved trading turnover. The LSE-25 index gained 7.91 points to close at 5566.17 against 5558.26 of
Published 09 Jul, 2014 12:00am
ISE index sheds 6 points

ISE index sheds 6 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Tuesday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of six points as the ISE Ten Index moved from 4,559.80 to 4,553.80 points. The over
Published 09 Jul, 2014 12:00am
ISE index sheds 6 points

ISE index sheds 6 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Tuesday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of six points as the ISE Ten Index moved from 4,559.80 to 4,553.80 points. The over
Published 09 Jul, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 09 Jul, 2014 12:00am
Treason trial: witnesses record statements

Treason trial: witnesses record statements

A Special Court on Tuesday recorded the statements of two additional witnesses in a high treason case that the government had filed against former army chief and President Pervez Musharraf. Appearing in the witness box, Taj Umar Khan, Deputy Solicitor of
Published 09 Jul, 2014 12:00am
Treason trial: witnesses record statements

Treason trial: witnesses record statements

A Special Court on Tuesday recorded the statements of two additional witnesses in a high treason case that the government had filed against former army chief and President Pervez Musharraf. Appearing in the witness box, Taj Umar Khan, Deputy Solicitor of
Published 09 Jul, 2014 12:00am
Moscow accuses Washington of 'abducting Russian MP's son'

Moscow accuses Washington of 'abducting Russian MP's son'

Moscow on Tuesday accused Washington of abducting the son of a Russian lawmaker who was arrested in the Maldives on suspicion of being one of the world's most prolific traffickers of stolen credit card details. A Russian legislator, who admitted to being
Published 09 Jul, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 09 Jul, 2014 12:00am
Moscow accuses Washington of 'abducting Russian MP's son'

Moscow accuses Washington of 'abducting Russian MP's son'

Moscow on Tuesday accused Washington of abducting the son of a Russian lawmaker who was arrested in the Maldives on suspicion of being one of the world's most prolific traffickers of stolen credit card details. A Russian legislator, who admitted to being
Published 09 Jul, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Jul, 2014 12:00am
Reporting mechanism for Exchange Companies tightened

Reporting mechanism for Exchange Companies tightened

The State Bank of Pakistan (SBP) has further tightened the reporting mechanism for Exchange Companies (ECs) to enhance their efficiency. Exchange companies have been asked for timely reporting of fraud, dacoity, loss, F.I.R lodgement by/against the compan
Published 09 Jul, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Jul, 2014 12:00am
Reporting mechanism for Exchange Companies tightened

Reporting mechanism for Exchange Companies tightened

The State Bank of Pakistan (SBP) has further tightened the reporting mechanism for Exchange Companies (ECs) to enhance their efficiency. Exchange companies have been asked for timely reporting of fraud, dacoity, loss, F.I.R lodgement by/against the compan
Published 09 Jul, 2014 12:00am
Reporting mechanism for Exchange Companies tightened

Reporting mechanism for Exchange Companies tightened

The State Bank of Pakistan (SBP) has further tightened the reporting mechanism for Exchange Companies (ECs) to enhance their efficiency. Exchange companies have been asked for timely reporting of fraud, dacoity, loss, F.I.R lodgement by/against the compan
Published 09 Jul, 2014 12:00am
Israel, Hamas face off in new Gaza conflict

Israel, Hamas face off in new Gaza conflict

Hamas militants in the Gaza Strip fired missiles at Jerusalem and Tel Aviv Tuesday after Israel killed 21 Palestinians on the first day of a major campaign to stamp out rocket fire. It was the most serious flare-up over Gaza since November 2012 and came a
Published 09 Jul, 2014 12:00am
Israel, Hamas face off in new Gaza conflict

Israel, Hamas face off in new Gaza conflict

Hamas militants in the Gaza Strip fired missiles at Jerusalem and Tel Aviv Tuesday after Israel killed 21 Palestinians on the first day of a major campaign to stamp out rocket fire. It was the most serious flare-up over Gaza since November 2012 and came a
Published 09 Jul, 2014 12:00am
1481 'unlawful' licences: CNG scam to be referred to FIA

1481 'unlawful' licences: CNG scam to be referred to FIA

Prime Minister Nawaz Sharif as Minister Incharge Cabinet Division has reportedly given his approval to refer Compressed Natural Gas (CNG) licences scam to Federal Investigation Agency (FIA) after getting a formal approval from the Economic Co-ordination C
Published 09 Jul, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (July 08, 2014).

Published 09 Jul, 2014 12:00am