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Dec 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-08-18
Citigroup pays $180 million to settle hedge fund fraud case

Citigroup pays $180 million to settle hedge fund fraud case

US securities regulators ordered two Citigroup affiliates Monday to pay $180 million to settle charges that they defrauded investors by falsely claiming a pair of hedge funds were low-risk. Citigroup collected nearly $3 billion from 4,000 investors by cla
Published 18 Aug, 2015 12:00am
Citigroup pays $180 million to settle hedge fund fraud case

Citigroup pays $180 million to settle hedge fund fraud case

US securities regulators ordered two Citigroup affiliates Monday to pay $180 million to settle charges that they defrauded investors by falsely claiming a pair of hedge funds were low-risk. Citigroup collected nearly $3 billion from 4,000 investors by cla
Published 18 Aug, 2015 12:00am
Citigroup pays $180 million to settle hedge fund fraud case

Citigroup pays $180 million to settle hedge fund fraud case

US securities regulators ordered two Citigroup affiliates Monday to pay $180 million to settle charges that they defrauded investors by falsely claiming a pair of hedge funds were low-risk. Citigroup collected nearly $3 billion from 4,000 investors by cla
Published 18 Aug, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Aug, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Aug, 2015 12:00am
Power sector: payables soar by 18 percent to over Rs 313 billion

Power sector: payables soar by 18 percent to over Rs 313 billion

Power sector''s payables have reportedly increased by 18 percent to Rs 313.111 billion as on June 30, 2015 from Rs 265.525 billion during the corresponding period of 2014. Pepco paid Rs 1.0275 trillion on purchased power against billing of Rs 1.062 trilli
Published 18 Aug, 2015 12:00am
Power sector: payables soar by 18 percent to over Rs 313 billion

Power sector: payables soar by 18 percent to over Rs 313 billion

Power sector's payables have reportedly increased by 18 percent to Rs 313.111 billion as on June 30, 2015 from Rs 265.525 billion during the corresponding period of 2014. Pepco paid Rs 1.0275 trillion on purchased power against billing of Rs 1.062 trillio
Published 18 Aug, 2015 12:00am
Power sector: payables soar by 18 percent to over Rs 313 billion

Power sector: payables soar by 18 percent to over Rs 313 billion

Power sector's payables have reportedly increased by 18 percent to Rs 313.111 billion as on June 30, 2015 from Rs 265.525 billion during the corresponding period of 2014. Pepco paid Rs 1.0275 trillion on purchased power against billing of Rs 1.062 trillio
Published 18 Aug, 2015 12:00am
ST, FED returns: deadline extended to August 21

ST, FED returns: deadline extended to August 21

Federal Board of Revenue (FBR) has extended the date of submission of Sales Tax and Federal Excise return up to 21st August 2015 for the tax period July, 2015 for all registered persons. The extension has been granted under section 74 of the Sales Tax Act
Published 18 Aug, 2015 12:00am
ST, FED returns: deadline extended to August 21

ST, FED returns: deadline extended to August 21

Federal Board of Revenue (FBR) has extended the date of submission of Sales Tax and Federal Excise return up to 21st August 2015 for the tax period July, 2015 for all registered persons. The extension has been granted under section 74 of the Sales Tax Act
Published 18 Aug, 2015 12:00am
ST, FED returns: deadline extended to August 21

ST, FED returns: deadline extended to August 21

Federal Board of Revenue (FBR) has extended the date of submission of Sales Tax and Federal Excise return up to 21st August 2015 for the tax period July, 2015 for all registered persons. The extension has been granted under section 74 of the Sales Tax Act
Published 18 Aug, 2015 12:00am
19 killed, 120 wounded: Bomb in Bangkok 'to destroy economy'

19 killed, 120 wounded: Bomb in Bangkok 'to destroy economy'

A bomb exploded Monday outside a religious shrine in a bustling hub of the Thai capital, killing at least 19 people and injuring more than 120 others in an attack authorities said targeted foreigners. The blast occurred about 6:30 pm (1130 GMT) when the s
Published 18 Aug, 2015 12:00am
19 killed, 120 wounded: Bomb in Bangkok 'to destroy economy'

19 killed, 120 wounded: Bomb in Bangkok 'to destroy economy'

A bomb exploded Monday outside a religious shrine in a bustling hub of the Thai capital, killing at least 19 people and injuring more than 120 others in an attack authorities said targeted foreigners. The blast occurred about 6:30 pm (1130 GMT) when the s
Published 18 Aug, 2015 12:00am
Cotton price trend: Punjab CM seeks PM''s intervention
Cotton

Cotton price trend: Punjab CM seeks PM''s intervention

Chief Minister Punjab Shahbaz Sharif has sought Prime Minister Nawaz Sharif''s intervention to address the issue of low price of seed-cotton, which, he argued has led to an untenable situation for the provincial government politically as well as administr
Published 18 Aug, 2015 12:00am
Cotton price trend: Punjab CM seeks PM's intervention
Cotton

Cotton price trend: Punjab CM seeks PM's intervention

Chief Minister Punjab Shahbaz Sharif has sought Prime Minister Nawaz Sharif's intervention to address the issue of low price of seed-cotton, which, he argued has led to an untenable situation for the provincial government politically as well as administra
Published 18 Aug, 2015 12:00am
Cotton price trend: Punjab CM seeks PM's intervention
Cotton

Cotton price trend: Punjab CM seeks PM's intervention

Chief Minister Punjab Shahbaz Sharif has sought Prime Minister Nawaz Sharif's intervention to address the issue of low price of seed-cotton, which, he argued has led to an untenable situation for the provincial government politically as well as administra
Published 18 Aug, 2015 12:00am
Access to FBR record: body formed to take up issue

Access to FBR record: body formed to take up issue

A sub-committee of the Public Accounts Committee (PAC) has been constituted to take up the matter of Auditor General of Pakistan''s inaccessibility to the record of Federal Board of Revenue (FBR). Public Accounts Committee (PAC) has established a committe
Published 18 Aug, 2015 12:00am
Access to FBR record: body formed to take up issue

Access to FBR record: body formed to take up issue

A sub-committee of the Public Accounts Committee (PAC) has been constituted to take up the matter of Auditor General of Pakistan's inaccessibility to the record of Federal Board of Revenue (FBR). Public Accounts Committee (PAC) has established a committee
Published 18 Aug, 2015 12:00am
Access to FBR record: body formed to take up issue

Access to FBR record: body formed to take up issue

A sub-committee of the Public Accounts Committee (PAC) has been constituted to take up the matter of Auditor General of Pakistan's inaccessibility to the record of Federal Board of Revenue (FBR). Public Accounts Committee (PAC) has established a committee
Published 18 Aug, 2015 12:00am
Rajapakse plots comeback as Sri Lanka votes

Rajapakse plots comeback as Sri Lanka votes

A bullish Mahinda Rajapakse said he was confident of staging a shock return to power as Sri Lanka's prime minister after elections Monday, held just months after he was toppled as president. The election commissioner said the vote, called a year ahead of
Published 18 Aug, 2015 12:00am
Rajapakse plots comeback as Sri Lanka votes

Rajapakse plots comeback as Sri Lanka votes

A bullish Mahinda Rajapakse said he was confident of staging a shock return to power as Sri Lanka's prime minister after elections Monday, held just months after he was toppled as president. The election commissioner said the vote, called a year ahead of
Published 18 Aug, 2015 12:00am
NA-122: Tribunal reserves verdict

NA-122: Tribunal reserves verdict

An election tribunal (ET) on Monday reserved its verdict about alleged rigging in the NA-122 elect constituency of National Assembly Speaker Sardar Ayaz Sadiq after his counsel ended his arguments. Pakistan Tehreek-e-Insaf Chairman Imran Khan had challeng
Published 18 Aug, 2015 12:00am
NA-122: Tribunal reserves verdict

NA-122: Tribunal reserves verdict

An election tribunal (ET) on Monday reserved its verdict about alleged rigging in the NA-122 elect constituency of National Assembly Speaker Sardar Ayaz Sadiq after his counsel ended his arguments. Pakistan Tehreek-e-Insaf Chairman Imran Khan had challeng
Published 18 Aug, 2015 12:00am
Pakistani, Indian arrested over Italy pizza slaying

Pakistani, Indian arrested over Italy pizza slaying

An Indian and a Pakistani have confessed to killing the elderly owners of a Brescia pizzeria in a mafia-style slaying that shocked Italy and threatens to inflame racial tensions in the northern city. Prosecutors said Pakistani national Mohamed Adnan and I
Published 18 Aug, 2015 12:00am
'Traffic rules should be made part of curricula'

'Traffic rules should be made part of curricula'

Un-tuned, noise making 26000 motorcycle rickshaws have become a permanent traffic problem and demanded action under the clauses of terrorism on intentional road blockage in the city swarming with population of 4 Million individuals, said Nadeem Allahwala
Published 18 Aug, 2015 12:00am
SMEDA's training on 'importance of simulation in metal casting'

SMEDA's training on 'importance of simulation in metal casting'

The Foundry Service Centre, a project developed by Small and Medium Enterprises Development Authority (SMEDA) on Monday organised a training programme on "importance of simulation in metal casting." The programme was held at the Punjab University's Facult
Published 18 Aug, 2015 12:00am
Harvard professor, ex-Goldman executive to head Dallas Fed

Harvard professor, ex-Goldman executive to head Dallas Fed

The Federal Reserve Bank of Dallas said Monday that Robert Steven Kaplan, a Harvard University professor and former Goldman Sachs executive, will become its new head. Kaplan's appointment as president and chief executive of the Dallas Fed will take effect
Published 18 Aug, 2015 12:00am
Ancestral lands British Pakistani woman appeal for repossession

Ancestral lands British Pakistani woman appeal for repossession

Sabrina a Pakistani origin and British citizen has demanded of government and police high ups to help them in retrieving of their ancestral lands from her uncle Saleh Khan, residing in Cherat District Nowshera, whose illegal occupied the property. Speakin
Published 18 Aug, 2015 12:00am
LSE loses 26.09 points

LSE loses 26.09 points

The LSE-25 lost 26.09 points to 6279.26 against 6305.35 of last Thursday as equities declined amid an ascending transaction volume on account of selling pressure. The trading turnover increased to 6.448 million shares compared with the previous volume of
Published 18 Aug, 2015 12:00am
LSE loses 26.09 points

LSE loses 26.09 points

The LSE-25 lost 26.09 points to 6279.26 against 6305.35 of last Thursday as equities declined amid an ascending transaction volume on account of selling pressure. The trading turnover increased to 6.448 million shares compared with the previous volume of
Published 18 Aug, 2015 12:00am
ISE index down by 84.55 points

ISE index down by 84.55 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Monday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 84.55 points as the ISE Ten Index moved from 3,383.03 t
Published 18 Aug, 2015 12:00am
ISE index down by 84.55 points

ISE index down by 84.55 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Monday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 84.55 points as the ISE Ten Index moved from 3,383.03 t
Published 18 Aug, 2015 12:00am
BRIndex30 falls 103.77 points

BRIndex30 falls 103.77 points

On Monday, BRIndex30 opened at 22,629.18 points. It touched an intraday high of 22,809.05 points and an intraday low of 22,510.02 points and closed at 22,525.41 points which was -103.77 points or -0.46 percent lower than previous close. Total volume was 1
Published 18 Aug, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (August 17, 2015).

Published 18 Aug, 2015 12:00am
BRIndex30 falls 103.77 points

BRIndex30 falls 103.77 points

On Monday, BRIndex30 opened at 22,629.18 points. It touched an intraday high of 22,809.05 points and an intraday low of 22,510.02 points and closed at 22,525.41 points which was -103.77 points or -0.46 percent lower than previous close. Total volume was 1
Published 18 Aug, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (August 17, 2015).

Published 18 Aug, 2015 12:00am
Equities tumble

Equities tumble

Institutional profit-taking in the index heavyweight oil scrips made the volatile bourse bearish Monday. The KSE-100 index slid to 35,588.05, down 349 points or 0.97 percent compared to 35,937.33 Thursday. The week''s first trading session saw the benchma
Published 18 Aug, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (August 17, 2015).

Published 18 Aug, 2015 12:00am
Equities tumble

Equities tumble

Institutional profit-taking in the index heavyweight oil scrips made the volatile bourse bearish Monday. The KSE-100 index slid to 35,588.05, down 349 points or 0.97 percent compared to 35,937.33 Thursday. The week's first trading session saw the benchmar
Published 18 Aug, 2015 12:00am
Equities tumble

Equities tumble

Institutional profit-taking in the index heavyweight oil scrips made the volatile bourse bearish Monday. The KSE-100 index slid to 35,588.05, down 349 points or 0.97 percent compared to 35,937.33 Thursday. The week's first trading session saw the benchmar
Published 18 Aug, 2015 12:00am
Bank transactions: 0.6 percent WHT to be restored from October 1: Bajwa

Bank transactions: 0.6 percent WHT to be restored from October 1: Bajwa

Federal Board of Revenue (FBR) Chairman Tariq Bajwa Monday said 0.6 percent withholding tax on banking transactions of non-filers would be restored from October 1, 2015 under Income Tax Laws (Amendment) Ordinance, 2015 and an incentive package is being fi
Published 18 Aug, 2015 12:00am
Bank transactions: 0.6 percent WHT to be restored from October 1: Bajwa

Bank transactions: 0.6 percent WHT to be restored from October 1: Bajwa

Federal Board of Revenue (FBR) Chairman Tariq Bajwa Monday said 0.6 percent withholding tax on banking transactions of non-filers would be restored from October 1, 2015 under Income Tax Laws (Amendment) Ordinance, 2015 and an incentive package is being fi
Published 18 Aug, 2015 12:00am
Bank transactions: 0.6 percent WHT to be restored from October 1: Bajwa

Bank transactions: 0.6 percent WHT to be restored from October 1: Bajwa

Federal Board of Revenue (FBR) Chairman Tariq Bajwa Monday said 0.6 percent withholding tax on banking transactions of non-filers would be restored from October 1, 2015 under Income Tax Laws (Amendment) Ordinance, 2015 and an incentive package is being fi
Published 18 Aug, 2015 12:00am
Sales tax on goods: provinces eagerly eye collection

Sales tax on goods: provinces eagerly eye collection

Sindh government has taken an initiative to consolidate efforts towards boosting the mechanism for tax-related revenue collection at the provincial level under the law. This initiative is in particular to address the grievances of the provinces with regar
Published 18 Aug, 2015 12:00am
Sales tax on goods: provinces eagerly eye collection

Sales tax on goods: provinces eagerly eye collection

Sindh government has taken an initiative to consolidate efforts towards boosting the mechanism for tax-related revenue collection at the provincial level under the law. This initiative is in particular to address the grievances of the provinces with regar
Published 18 Aug, 2015 12:00am
Sales tax on goods: provinces eagerly eye collection

Sales tax on goods: provinces eagerly eye collection

Sindh government has taken an initiative to consolidate efforts towards boosting the mechanism for tax-related revenue collection at the provincial level under the law. This initiative is in particular to address the grievances of the provinces with regar
Published 18 Aug, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (August 17, 2015).

Published 18 Aug, 2015 12:00am
Mushahidullah submits resignation to Prime Minister

Mushahidullah submits resignation to Prime Minister

Senator Mushahidullah on Monday tendered his resignation to Prime Minister Muhammad Nawaz Sharif from the post of Minister for Climate Change. "Senator Mushahidullah had a meeting with the Prime Minister at PM House today and explained his position with r
Published 18 Aug, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (August 17, 2015).
Published 18 Aug, 2015 12:00am
Mushahidullah submits resignation to Prime Minister

Mushahidullah submits resignation to Prime Minister

Senator Mushahidullah on Monday tendered his resignation to Prime Minister Muhammad Nawaz Sharif from the post of Minister for Climate Change. "Senator Mushahidullah had a meeting with the Prime Minister at PM House today and explained his position with r
Published 18 Aug, 2015 12:00am
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