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Print - 2015-09-22
Banned outfits barred from collecting hides

Banned outfits barred from collecting hides

The federal government has asked all the provinces not to allow proscribed organisations to collect hides of sacrificial animals during Eid-ul-Azha to stop the flow of money into the hands of terror outfits- one of the major components of National Action
Published 22 Sep, 2015 12:00am
FinMan Group to organise MOBILeComm on November 4 at Islamabad

FinMan Group to organise MOBILeComm on November 4 at Islamabad

FinMan Group is organising the MobileComm 2015 (www.mobilecomm.pk) at Serena Hotel, Islamabad on November 4, 2015. The event will also have a Conference titled Mobile and eComm - Towards a Better Eco System. MobileComm is supported by Pakistan Telecommuni
Published 22 Sep, 2015 12:00am
ATC hands over fake colonel, accomplices to police

ATC hands over fake colonel, accomplices to police

An Anti Terrorism Court on Monday handed over a fake colonel and his two accomplices to police on two-day physical remand. Frere Police produced a fake Ranger Colonel Muhammad Khan Lakho and his two accomplices Waseem and Aamir before the court. Investiga
Published 22 Sep, 2015 12:00am
Farming community largely unhappy with PM's package
Cotton

Farming community largely unhappy with PM's package

The farming community has rejected Prime Minister's Farmers Relief Package, terming it an eyewash and a mere announcement for political gains before the local bodies and bye-elections. Representatives of different farmers associations told Business Rec
Published 22 Sep, 2015 12:00am
No magisterial cover: CDA fails to shift cattle market to Sec I-12/2

No magisterial cover: CDA fails to shift cattle market to Sec I-12/2

The Capital Development Authority (CDA) Monday failed to shift sacrificial animals market from sector I-11 to sector I-12/2 due to lack of proper magisterial cover. A CDA official said that following the directives of Islamabad High Court (IHC), the civic
Published 22 Sep, 2015 12:00am
UBL joins hands with Microsoft

UBL joins hands with Microsoft

In line with its tradition of being Pakistan's most progressive bank, United Bank Limited (UBL) recently joined hands with Microsoft in order to complete a highly successful transition to a fully-virtualised server scenario. Utilising Microsoft's Hyper-V
Published 22 Sep, 2015 12:00am
SNGPL launches massive campaign against gas theft

SNGPL launches massive campaign against gas theft

Sui-Northern Gas Pipelines Limited (SNGPL) has launched an extensive campaign against gas theft and so far disconnected 24,291 illegal connections in Punjab and Khyber-Pakhtunkhwa (K-P) provinces. According to SNGPL officials, the company within past one
Published 22 Sep, 2015 12:00am
SECP, Comsats to collaborate on investor education

SECP, Comsats to collaborate on investor education

The Securities and Exchange Commission of Pakistan (SECP) and COMSATS Institute of Information Technology signed a memorandum of understanding (MoU) at the SECP headquarters to establish co-operation for conducting investor education seminars, is aimed at
Published 22 Sep, 2015 12:00am
Promotion of book culture NBF playing vital role: MD

Promotion of book culture NBF playing vital role: MD

National Book Foundation (NBF) has been playing a vital role in dissemination of knowledge and promotion of book culture among people in the country for many years successfully. The Managing Director, NBF expressed these views at the auspicious occasion o
Published 22 Sep, 2015 12:00am
Hot weather likely to continue in Sindh

Hot weather likely to continue in Sindh

A short rainy spell on Monday showered a few parts in the city's outskirts, but the city continued to face soaring temperature as high as 40 degrees Celsius during the day. On Saturday and Sunday, the city's temperature was 43 degrees. Karachi's temperatu
Published 22 Sep, 2015 12:00am
Qaim vows to make Sindh crime-free province

Qaim vows to make Sindh crime-free province

Sindh Chief Minister Syed Qaim Ali Shah has reiterated the government's resolve to eliminate terrorists from the province. In a statement on Monday, he said that Sindh police was making all out efforts towards eradicating crimes from the province. Taking
Published 22 Sep, 2015 12:00am
Three bandits, cop killed in encounter

Three bandits, cop killed in encounter

Shikarpur police killed three notorious bandits in an encounter, which followed a raid on a village near Madeji area on Monday morning. As per detail, rapidly acting on an information about the presence of a gang of notorious bandits, Shikarpur police con
Published 22 Sep, 2015 12:00am
Increase in fees: CCP issues order to CEOs, directors of eight schools

Increase in fees: CCP issues order to CEOs, directors of eight schools

The Competition Commission of Pakistan (CCP) has issued an order to the CEOs and directors of eight private education institutions to provide information required for assessing allegations of anti-competitive practices - such as unreasonable increase in s
Published 22 Sep, 2015 12:00am
KP Police to adopt offensive strategy against militants

KP Police to adopt offensive strategy against militants

A Regional Police Officers (RPOs) meeting chaired by Khyber Pakhtunkhwa Inspector General of Police, Nasir Khan Durrani was held at the conference room, Central Police Office, here on Monday. The meeting convened in the wake of militants' attack on the PA
Published 22 Sep, 2015 12:00am
Lost investment: Taliban attacks costing economy $5 billion a year

Lost investment: Taliban attacks costing economy $5 billion a year

Taliban attacks have been costing Pakistan''''s economy as much as $5 billion a year in lost investment, the country''''s finance secretary said, adding that Islamabad is keeping open the option of another IMF programme. Speaking as Pakistan officials met
Published 22 Sep, 2015 12:00am
Badaber attack: leaderships take stock of situation

Badaber attack: leaderships take stock of situation

Prime Minister Muhammad Nawaz Sharif chaired a high level security meeting at PM House here Monday. The meeting reviewed overall security situation in the country, sharing of evidence with Afghanistan, border management strategy with Afghanistan and imple
Published 22 Sep, 2015 12:00am
Badaber attack: leaderships take stock of situation

Badaber attack: leaderships take stock of situation

Prime Minister Muhammad Nawaz Sharif chaired a high level security meeting at PM House here Monday. The meeting reviewed overall security situation in the country, sharing of evidence with Afghanistan, border management strategy with Afghanistan and imple
Published 22 Sep, 2015 12:00am
Army chief confirms death sentences of 9 terrorists

Army chief confirms death sentences of 9 terrorists

Chief of Army Staff General Raheel Sharif on Monday approved the death sentences of nine 'hardcore terrorists' involved in various heinous terrorism activities in the country. Director General ISPR Major General Asim Bajwa tweeted that General Raheel had
Published 22 Sep, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am
Army chief confirms death sentences of 9 terrorists

Army chief confirms death sentences of 9 terrorists

Chief of Army Staff General Raheel Sharif on Monday approved the death sentences of nine 'hardcore terrorists' involved in various heinous terrorism activities in the country. Director General ISPR Major General Asim Bajwa tweeted that General Raheel had
Published 22 Sep, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am
Ghani condemns air base attack

Ghani condemns air base attack

Afghan President Ashraf Ghani on Monday condemned last week's deadly attack on a Pakistani air force base and said Afghanistan will never allow its land to be used against Pakistan. "The Afghan President condemned the attack on the air force base and exte
Published 22 Sep, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am
Ghani condemns air base attack

Ghani condemns air base attack

Afghan President Ashraf Ghani on Monday condemned last week's deadly attack on a Pakistani air force base and said Afghanistan will never allow its land to be used against Pakistan. "The Afghan President condemned the attack on the air force base and exte
Published 22 Sep, 2015 12:00am
Index marginally up
Cotton

Index marginally up

Karachi stocks rose marginally as the futures rollover week began on a positive note amid thin trading turnover. The KSE-100 index closed 65 points higher at 32,826.24 compared to 32,760.95 Friday last. The benchmark index showed volatility and was seen h
Published 22 Sep, 2015 12:00am
Index marginally up
Cotton

Index marginally up

Karachi stocks rose marginally as the futures rollover week began on a positive note amid thin trading turnover. The KSE-100 index closed 65 points higher at 32,826.24 compared to 32,760.95 Friday last. The benchmark index showed volatility and was seen h
Published 22 Sep, 2015 12:00am
Index marginally up
Cotton

Index marginally up

Karachi stocks rose marginally as the futures rollover week began on a positive note amid thin trading turnover. The KSE-100 index closed 65 points higher at 32,826.24 compared to 32,760.95 Friday last. The benchmark index showed volatility and was seen h
Published 22 Sep, 2015 12:00am
BRIndex30 up 21.27 points

BRIndex30 up 21.27 points

On Monday, BRIndex30 opened at 20,041.94 points. It touched an intraday high of 20,096.09 points and an intraday low of 19,894.16 points and closed at 20,063.21 points which was 21.27 points or 0.11 percent higher than previous close. Total volume was 62,
Published 22 Sep, 2015 12:00am
BRIndex30 up 21.27 points

BRIndex30 up 21.27 points

On Monday, BRIndex30 opened at 20,041.94 points. It touched an intraday high of 20,096.09 points and an intraday low of 19,894.16 points and closed at 20,063.21 points which was 21.27 points or 0.11 percent higher than previous close. Total volume was 62,
Published 22 Sep, 2015 12:00am
Britain, China eye stock connect, nuclear and rail deals
Currency

Britain, China eye stock connect, nuclear and rail deals

Britain and China agreed on Monday to a series of initiatives ranging from an expanded currency swap agreement, Chinese investment in British nuclear power, and a feasibility study for a scheme to connect the London and Shanghai stock markets. Speaking on
Published 22 Sep, 2015 12:00am
Britain, China eye stock connect, nuclear and rail deals
Currency

Britain, China eye stock connect, nuclear and rail deals

Britain and China agreed on Monday to a series of initiatives ranging from an expanded currency swap agreement, Chinese investment in British nuclear power, and a feasibility study for a scheme to connect the London and Shanghai stock markets. Speaking on
Published 22 Sep, 2015 12:00am
Britain, China eye stock connect, nuclear and rail deals
Currency

Britain, China eye stock connect, nuclear and rail deals

Britain and China agreed on Monday to a series of initiatives ranging from an expanded currency swap agreement, Chinese investment in British nuclear power, and a feasibility study for a scheme to connect the London and Shanghai stock markets. Speaking on
Published 22 Sep, 2015 12:00am
ISE index down 33.17 points

ISE index down 33.17 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 33.17 points as the ISE Ten Index moved from 2,905.49 t
Published 22 Sep, 2015 12:00am
ISE index down 33.17 points

ISE index down 33.17 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 33.17 points as the ISE Ten Index moved from 2,905.49 t
Published 22 Sep, 2015 12:00am
LSE index gains 4.87 points

LSE index gains 4.87 points

LSE equities moved both ways but finally closed in positive column amid descending transaction volume on Monday. The LSE-25 index gained 4.87 points to close at 5498.17 points against 5503.04 points of Friday while transaction volume was declined to 572,3
Published 22 Sep, 2015 12:00am
LSE index gains 4.87 points

LSE index gains 4.87 points

LSE equities moved both ways but finally closed in positive column amid descending transaction volume on Monday. The LSE-25 index gained 4.87 points to close at 5498.17 points against 5503.04 points of Friday while transaction volume was declined to 572,3
Published 22 Sep, 2015 12:00am
FIA directed to take action against CDA officials

FIA directed to take action against CDA officials

Minister for Interior Chaudhry Nisar Ali Khan has directed Federal Investigation Agency (FIA) for taking action against officials of the Capital Development Authority (CDA) for facilitating or their involvement in construction of illegal settlements in th
Published 22 Sep, 2015 12:00am
Progressive Group condoles

Progressive Group condoles

Progressive Group, a representative group of the traders and businessmen have expressed sorrow and grief over the sad demise of Sheikh Rashid bin Mohammed bin Rashid Al Maktoum, a son of Dubai's ruler, who died the other day due to cardiac arrest.
Published 22 Sep, 2015 12:00am
Pakistan welcomes promulgation of new Constitution in Nepal

Pakistan welcomes promulgation of new Constitution in Nepal

Pakistan welcomes the promulgation of the new Constitution in Nepal, through a democratic process. We felicitate the Government and the political parties of Nepal on this achievement. Pakistan is confident that the new Constitution will further cement the
Published 22 Sep, 2015 12:00am
Indonesia president to visit White House next month

Indonesia president to visit White House next month

Indonesia's Joko Widodo will visit Washington and the White House on October 26 for a crucial first visit since he became president last year. The trip will be an opportunity for Widodo, who came to power in October last year, to get to know President Bar
Published 22 Sep, 2015 12:00am
'Dead' woman makes miraculous recovery in Karachi

'Dead' woman makes miraculous recovery in Karachi

A woman believed to be dead 'came back to life' on Monday when Edhi mortuary staff were bathing her body prior to burial, according to a private TV channel. Edhi Foundation spokesman Anwar Qazi said the organisation received around 20-25 bodies a day for
Published 22 Sep, 2015 12:00am
Spanish literary agent of Nobel authors Carmen Balcells dies

Spanish literary agent of Nobel authors Carmen Balcells dies

Spain's Carmen Balcells, a literary agent who represented some of the biggest names in 20th-century Spanish language literature including Nobel-winning authors Mario Vargas Llosa and Gabriel Garcia Marquez, has died, her agency said Monday. She was 85. Ba
Published 22 Sep, 2015 12:00am
Brazil ruling party heavyweight sentenced for corruption

Brazil ruling party heavyweight sentenced for corruption

The former treasurer of Brazil's ruling party was sentenced Monday to more than 15 years in prison for his role in a massive corruption scandal at state oil giant Petrobras. The judge investigating the scandal found Joao Vaccari, who was the Workers Party
Published 22 Sep, 2015 12:00am
MQM urges establishment to erase bitter memories of past

MQM urges establishment to erase bitter memories of past

Muttahida Qaumi Movement (MQM) Rabita Committee on Monday said that the workers that went to India had nothing do with the party or the party policy. The committee said that thousands of workers fled the country during the 1992 army operation to save thei
Published 22 Sep, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 22 Sep, 2015 12:00am
MQM urges establishment to erase bitter memories of past

MQM urges establishment to erase bitter memories of past

Muttahida Qaumi Movement (MQM) Rabita Committee on Monday said that the workers that went to India had nothing do with the party or the party policy. The committee said that thousands of workers fled the country during the 1992 army operation to save thei
Published 22 Sep, 2015 12:00am
Flag meeting agrees to defuse tension on LoC

Flag meeting agrees to defuse tension on LoC

India and Pakistan today agreed to exercise restraint and work for defusing the situation on Line of Control (LoC) which has been witnessing repeated cease-fire violations as senior Army officers of the two countries held a Flag Meeting in Poonch sector o
Published 22 Sep, 2015 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Sep, 2015 12:00am
Flag meeting agrees to defuse tension on LoC

Flag meeting agrees to defuse tension on LoC

India and Pakistan today agreed to exercise restraint and work for defusing the situation on Line of Control (LoC) which has been witnessing repeated cease-fire violations as senior Army officers of the two countries held a Flag Meeting in Poonch sector o
Published 22 Sep, 2015 12:00am
PPP MPA dies

PPP MPA dies

PPP Member of Provincial Assembly (MPA) Jamil Ahmed Bhurgari passed away in Karachi early Monday morning. He was 63. Jameel, elected from PS-67 (Mirpurkhas-cum-Umerkot- Old Mirpur Khas-IV) constituency of Sindh province, died of heart failure early this m
Published 22 Sep, 2015 12:00am
PPP MPA dies

PPP MPA dies

PPP Member of Provincial Assembly (MPA) Jamil Ahmed Bhurgari passed away in Karachi early Monday morning. He was 63. Jameel, elected from PS-67 (Mirpurkhas-cum-Umerkot- Old Mirpur Khas-IV) constituency of Sindh province, died of heart failure early this m
Published 22 Sep, 2015 12:00am
TCP directed to import gram pulse in lots of 5,000 tons

TCP directed to import gram pulse in lots of 5,000 tons

Trading Corporation of Pakistan (TCP) has reportedly been directed to import gram pulse in lots of 5,000 tons and submit monthly stock position to the ECC, well informed sources told Business Recorder. Ministry of National Food Security and Researc
Published 22 Sep, 2015 12:00am
TCP directed to import gram pulse in lots of 5,000 tons

TCP directed to import gram pulse in lots of 5,000 tons

Trading Corporation of Pakistan (TCP) has reportedly been directed to import gram pulse in lots of 5,000 tons and submit monthly stock position to the ECC, well informed sources told Business Recorder. Ministry of National Food Security and Researc
Published 22 Sep, 2015 12:00am
TCP directed to import gram pulse in lots of 5,000 tons

TCP directed to import gram pulse in lots of 5,000 tons

Trading Corporation of Pakistan (TCP) has reportedly been directed to import gram pulse in lots of 5,000 tons and submit monthly stock position to the ECC, well informed sources told Business Recorder. Ministry of National Food Security and Researc
Published 22 Sep, 2015 12:00am
PIA making fresh recruitments to gratify influential persons

PIA making fresh recruitments to gratify influential persons

A cash-starved Pakistan International Airline (PIA) despite having enormous number of General Managers (GM), Deputy General Managers (DGM) and Managers has started conducting fresh interviews for aforesaid positions to gratify some influential persons; it
Published 22 Sep, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 22 Sep, 2015 12:00am
Son of Dubai ruler Sheikh Mohammad dies

Son of Dubai ruler Sheikh Mohammad dies

This refers to a Business Recorder news item 'Son of Dubai's ruler dies of heart attack'. According to it, Sheikh Rashid bin Mohammed bin Rashid Al Maktoum, a son of Dubai's ruler and elder brother to the emirate's heir apparent, has died at age 33
Published 22 Sep, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 22 Sep, 2015 12:00am
UN chief calls for global cease-fire

UN chief calls for global cease-fire

The United Nations Monday observed the International Day of Peace with Secretary-General Ban Ki-moon appealing to all warring parties to lay down their weapons and observe a global cease-fire and "stop the killings and the destruction, and create space fo
Published 22 Sep, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am