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Print - 2012-11-15
Speakers underscore need for law on political party funding

Speakers underscore need for law on political party funding

Leaders of various political parties have called for enacting a law regarding funding of the political parties, saying there is no system of public funding of political parties present in Pakistan. They expressed these views on the launching ceremony of t
Published 15 Nov, 2012 12:00am
All institutions to work harmoniously: Prime Minister

All institutions to work harmoniously: Prime Minister

Prime Minister Raja Pervez Ashraf Wednesday expressed the confidence that all the government institutions would work harmoniously to ensure continuity of the system and strengthening of democracy in the country. He was talking to Federal Minister for Law,
Published 15 Nov, 2012 12:00am
Incoming international calls: LHC extends stay on recovery

Incoming international calls: LHC extends stay on recovery

Extending stay on the recovery of an additional tax levied by Pakistan Telecommunication Authority on incoming international telephone calls, the Lahore High Court on Wednesday allowed a petitioner to become a party to the case. The court adjourned hearin
Published 15 Nov, 2012 12:00am
No more relaxation to illegal occupants of government's houses: Langrial

No more relaxation to illegal occupants of government's houses: Langrial

Minister for Housing Malik Nouman Ahmad Langrial said that time is up and now no more relaxation would be given to illegal occupants. The Minister of State has called all the records of those who have occupied the government places even after their retire
Published 15 Nov, 2012 12:00am
IHC reserves judgement on plea seeking dismissal of Rimsha case

IHC reserves judgement on plea seeking dismissal of Rimsha case

The Islamabad High Court (IHC) on Wednesday reserved the judgement on a plea seeking dismissal of Rimsha Masih's 'blasphemy' case. Chief Justice IHC Iqbal Hamid Khan, while hearing the petition filed by Rimsha counsel Abdul Hameed Rana for dismissal of th
Published 15 Nov, 2012 12:00am
IGP claims arrest of five terrorists

IGP claims arrest of five terrorists

Inspector General of Police (IGP) Punjab Muhammad Habib-ur-Rehman has claimed that police has arrested five terrorists of Tehrik-e-Taliban Pakistan (TTP) Qari Yasin Group during a successful operation which took place in Multan. While addressing a press c
Published 15 Nov, 2012 12:00am
Decline in foreign exchange reserves: Country heading towards BoP crisis

Decline in foreign exchange reserves: Country heading towards BoP crisis

The country is heading towards a balance of payment (BoP) crisis with steady decline in foreign exchange reserves in recent months, said a senior member of the economic team. Talking to newsmen on the sidelines of Pakistan Institute of Development Economi
Published 15 Nov, 2012 12:00am
Nawaz sees progress in Pak-Turkish economic ties

Nawaz sees progress in Pak-Turkish economic ties

Pakistan Muslim League-Nawaz (PML-N) President Mian Nawaz Sharif said Wednesday that brotherly and friendly ties between Pakistan and Turkey had been transformed into economic relations which will be further strengthened in time ahead. This was stated by
Published 15 Nov, 2012 12:00am
Pak-Afghan border: 'Isaf, Pakistan committed to peace, security'

Pak-Afghan border: 'Isaf, Pakistan committed to peace, security'

International Security Assistance Force (ISAF) and Pakistan are committed to peace and security on the Afghanistan-Pakistan border, Lieutenant General Nick Carter, Deputy Commander of the International Security Assistance Force said on Wednesday.
Published 15 Nov, 2012 12:00am
Bihar chief minister visits Katas Raj Temple

Bihar chief minister visits Katas Raj Temple

Indian province Bihar's Chief Minister Natish Kumar has said that the boundaries cannot become a hurdle in the relations of love, affection and culture between India and Pakistan. He expressed these views during his visit to Katas Raj Temple at Choa Saide
Published 15 Nov, 2012 12:00am
Arrangements for Second World Hindko Conference finalised

Arrangements for Second World Hindko Conference finalised

Arrangements for the second two-day World Hindko Conference being held on November 17 and 18 have been finalised as billboards regarding the event have also been installed at all prominent junctions of the city. The conference under the auspices of Gandha
Published 15 Nov, 2012 12:00am
Petroleum ministry for continuation of weekly pricing system

Petroleum ministry for continuation of weekly pricing system

Ministry of Petroleum and Natural Resources has advocated continuation of existing (weekly basis) fuel price adjustment formula which according to Prime Minister's Advisor is in the interest of consumers. Petroleum Ministry in its summary for the ECC, ava
Published 15 Nov, 2012 12:00am
From A Ringside Seat: Uproar over FIA's notices to Gilani, son

From A Ringside Seat: Uproar over FIA's notices to Gilani, son

People who live in glass houses should not throw stones, though it is a literary proverb, yet it exposes the real face of one who claimed that he is a perfect besides his all wrongdoings, these words seemed right when PML-N was given a tit for tat respons
Published 15 Nov, 2012 12:00am
GlaxoSmithKline

GlaxoSmithKline

Created on 1 January 2001, GlaxoSmithKline through the merger of SmithKline and French of Pakistan Limited, Beecham Pakistan (Private) Limited and Glaxo Wellcome (Pakistan) Limited. Today, it is the largest pharmaceutical company in Pakistan in terms of v
Published 15 Nov, 2012 12:00am
GlaxoSmithKline

GlaxoSmithKline

Created on 1 January 2001, GlaxoSmithKline through the merger of SmithKline and French of Pakistan Limited, Beecham Pakistan (Private) Limited and Glaxo Wellcome (Pakistan) Limited. Today, it is the largest pharmaceutical company in Pakistan in terms of v
Published 15 Nov, 2012 12:00am
Young generation to be 'job provider instead of job seeker'

Young generation to be 'job provider instead of job seeker'

Top leaders of business community, business-education and entrepreneurs at a conference stressed that young generation to be the "job provider instead of job seeker" through the entrepreneurship. They further stressed upon the need to encourage entreprene
Published 15 Nov, 2012 12:00am
Chinese envoy calls on CJCSC

Chinese envoy calls on CJCSC

Liu Jian, Ambassador of China called on General Khalid Shameem Wynne Chairman Joint Chiefs of Staff Committee (CJCSC). During the meeting the matters related to mutual interests came under discussion.
Published 15 Nov, 2012 12:00am
Entry of 203 Ulema banned in Sindh

Entry of 203 Ulema banned in Sindh

Home Department, Government of Sindh has imposed ban on entry of 203 Ulema in Sindh and also restricted movement of Ulema to other cities from their home towns for sixty days with immediate effect in public interest. This was stated in a notification issu
Published 15 Nov, 2012 12:00am
Up to four-year used vehicles can be imported, National Assembly told

Up to four-year used vehicles can be imported, National Assembly told

Pir Haider Ali Shah, Parliamentary Secretary for Industries on Wednesday informed the National Assembly that up to four years old and used vehicles can be imported. During the question hour session, he informed the house that the limit of old and used veh
Published 15 Nov, 2012 12:00am
Hajj corruption case: FIA summons Gilani, son tomorrow

Hajj corruption case: FIA summons Gilani, son tomorrow

The Federal Investigation Agency (FIA) has summoned former Prime Minister Yousuf Raza Gilani, his son Abdul Qadir Gilani and Zain Sukhera - a close friend of his son - on November 16 in the connection with Hajj corruption case.
Published 15 Nov, 2012 12:00am
Polio still endemic in Pakistan, Nigeria and Afghanistan

Polio still endemic in Pakistan, Nigeria and Afghanistan

The number of polio cases worldwide reached a record low in 2012, giving experts confidence that the disease can finally be eradicated, according to presentations made Tuesday at a major US conference. Just 177 cases were recorded globally through October
Published 15 Nov, 2012 12:00am
Conspiracy being hatched to ignite sectarian strife: Altaf

Conspiracy being hatched to ignite sectarian strife: Altaf

MQM chief Altaf Hussain on Wednesday said that a conspiracy is being hatched to ignite sectarian strife in Karachi and the recent killings in the city were a part of the same conspiracy. He urged the government and the security forces to take action again
Published 15 Nov, 2012 12:00am
Asghar Khan case: Imran skips question on punishment to generals

Asghar Khan case: Imran skips question on punishment to generals

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Wednesday skipped question whether former army chief Mirza Aslam Baig and fellow military generals should be brought to book after admitting the charges levelled in Asghar Khan case. Speaking at a press c
Published 15 Nov, 2012 12:00am
Tony Blair Faith Foundation gives awards to 10 Pakistani schools

Tony Blair Faith Foundation gives awards to 10 Pakistani schools

Tony Blair Faith Foundation UK under its global education programme Face to Faith run in 20 countries and five continents has awarded 10 Pakistani schools. The City School Bhit Shah, Elegance School Quetta, Al-Sadiq Grammar School Quetta, Government Girls
Published 15 Nov, 2012 12:00am
Imtiaz Joyo posted as Director Electronic Media

Imtiaz Joyo posted as Director Electronic Media

Sindh Information's Deputy Director Imtiaz Ali Joyo has been posted as Director Electronic Media here on Wednesday. He assumed the charge of Director Electronic Media and started to perform his duties.
Published 15 Nov, 2012 12:00am
Fisherfolk, peasants observe 'Global Week of Action for Climate Justice'

Fisherfolk, peasants observe 'Global Week of Action for Climate Justice'

A large number of peasants, hailing from remote villages of Jamshoro district, joined the rally to observe Global Week of Action for Climate Justice, started from November 12 to 17, 2012 on Wednesday. The rally organised by the Pakistan Fisherfolk Forum (
Published 15 Nov, 2012 12:00am
KFHA serves fresh notices on boat owners to vacate navigational channel

KFHA serves fresh notices on boat owners to vacate navigational channel

Karachi Fish Harbour Authority (KFHA) has served fresh notices to boat owners to drive their abandoned boats out of the harbour's navigational channel immediately or the authority will confiscate them, officials said on Wednesday. Officials said that the
Published 15 Nov, 2012 12:00am
CPBC's director steps down

CPBC's director steps down

After serving as the President of the Canada-Pakistan Business Council (CPBC) for 16 years, Andy Merchant has stepped down from the top-slot, citing personal reasons. Director, CPBC, Faheem Ataullah Jan, who has served on the board of directors for the la
Published 15 Nov, 2012 12:00am
Muharram: Bilawal for strict security plan

Muharram: Bilawal for strict security plan

Chairperson Pakistan Peoples Party, Bilawal Bhutto Zardari has emphasised the need for implementation of strict security plan during the month of Muharram in Sindh. He emphasised this at a meeting with Sindh Chief Minister Syed Qaim Ali Shah and the Presi
Published 15 Nov, 2012 12:00am
Security around Korangi, Landhi will be beefed up, Kati assured

Security around Korangi, Landhi will be beefed up, Kati assured

SSP Traffic, KIA Ali Raza, SP KIA, Captain Chaudhry Asad and SP Landhi, Abdul Qayyum Patani assured members of Korangi Association of Trade and Industry (Kati) to strengthen police picket and increase police force at check posts around Korangi and Landhi
Published 15 Nov, 2012 12:00am
Unido developing 'Pakistan national quality policy'

Unido developing 'Pakistan national quality policy'

United Nations Industrial Development Organisation (Unido) is developing 'Pakistan national quality policy' with the objective to discuss the role and benefits of quality infrastructure in Pakistan for socio-economic development of the country. In this co
Published 15 Nov, 2012 12:00am
JCR-VIS reaffirms IFS rating of AICL

JCR-VIS reaffirms IFS rating of AICL

JCR-VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength Rating of Alpha Insurance Company Limited (AICL) at 'A' (Single A) with 'Negative' Outlook. Rating derives strength from strong support of parent company, State Life Insur
Published 15 Nov, 2012 12:00am
JCR-VIS reaffirms IFS rating of AICL

JCR-VIS reaffirms IFS rating of AICL

JCR-VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength Rating of Alpha Insurance Company Limited (AICL) at 'A' (Single A) with 'Negative' Outlook. Rating derives strength from strong support of parent company, State Life Insur
Published 15 Nov, 2012 12:00am
JCR-VIS maintains entity ratings of FNBM

JCR-VIS maintains entity ratings of FNBM

JCR-VIS Credit Rating Company Limited has maintained the entity ratings First National Bank Modaraba (FNBM) at 'A+/A-1' (Single A Plus/A-One). The assigned ratings draw comfort from the sponsor profile, with the modaraba management company being a wholly
Published 15 Nov, 2012 12:00am
JCR-VIS maintains entity ratings of FNBM

JCR-VIS maintains entity ratings of FNBM

JCR-VIS Credit Rating Company Limited has maintained the entity ratings First National Bank Modaraba (FNBM) at 'A+/A-1' (Single A Plus/A-One). The assigned ratings draw comfort from the sponsor profile, with the modaraba management company being a wholly
Published 15 Nov, 2012 12:00am
Allied Rental Modarba issues 20 percent right certificates

Allied Rental Modarba issues 20 percent right certificates

The board of directors of Allied Rental Modarba has decided to issue 20 percent right certificates ie one new certificate for every five certificates held at a premium of Rs 9 per certificate. "The management is continuously expanding its rental fleet, bo
Published 15 Nov, 2012 12:00am
Allied Rental Modarba issues 20 percent right certificates

Allied Rental Modarba issues 20 percent right certificates

The board of directors of Allied Rental Modarba has decided to issue 20 percent right certificates ie one new certificate for every five certificates held at a premium of Rs 9 per certificate. "The management is continuously expanding its rental fleet, bo
Published 15 Nov, 2012 12:00am
Indonesian palm industry rejects France's proposed 'Nutella tax'

Indonesian palm industry rejects France's proposed 'Nutella tax'

A proposed tax increase on palm oil in food in France, dubbed the "Nutella tax", should not go ahead because health fears associated with the edible oil do not stand up to scrutiny, an industry group in top producer Indonesia said on Tuesday. The tax woul
Published 15 Nov, 2012 12:00am
Shanghai copper soars

Shanghai copper soars

The most-traded February copper contract on the Shanghai Futures Exchange closed up 0.81 percent at 55,910 yuan ($9,000) a tonne on Wednesday. "One chink of light piercing the macro gloom for commodities is this week's encouraging Chinese activity, trade
Published 15 Nov, 2012 12:00am
The Weather

The Weather

The weather report on Wednesday (November 14, 2012) and the forecast for Thursday (November 15, 2012).

Published 15 Nov, 2012 12:00am
Copper dips, aluminium up

Copper dips, aluminium up

Copper edged lower on Wednesday after two days of gains as worries about the US "fiscal cliff" and renewed problems in the European debt crisis outweighed optimism over signs of an economic pick-up in top metals consumer China. Three-month copper on the L
Published 15 Nov, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (November 14, 2012).

Published 15 Nov, 2012 12:00am
Brent oil moves up

Brent oil moves up

Brent oil prices rose more than 1 percent toward $110 a barrel on Wednesday, snapping a two-day slide as Israel launched a major offensive against Palestinian militants in Gaza, reinforcing concerns about tensions across the Middle East. Hamas's military
Published 15 Nov, 2012 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 15 Nov, 2012 12:00am
Tokyo rubber futures rise

Tokyo rubber futures rise

Key TOCOM rubber futures rose on Wednesday for the first time in three days, but gains were limited in the absence of fresh signs of recovery in the global economy as the United States teeters on the edge of a fiscal cliff. The key Tokyo Commodity Exchang
Published 15 Nov, 2012 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 15 Nov, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 14, 2012).

Published 15 Nov, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 14, 2012).

Published 15 Nov, 2012 12:00am
Soyabeans rebound

Soyabeans rebound

US soyabean futures rebounded from a 4-1/2-month low on Tuesday as bargain buying snapped a four-session slide that nearly erased gains from this summer's crippling drought. Before recovering, soyabeans during the trading session had lost more than 6 perc
Published 15 Nov, 2012 12:00am
Palm oil posts highest gain since October 2010

Palm oil posts highest gain since October 2010

Malaysian palm oil futures posted on Wednesday the highest daily gain since October 2010, lifted by a slowdown in inventory build-up in the world's second largest producer and a demand recovery for the edible oil. Malaysia's October palm oil stocks inched
Published 15 Nov, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (November 14, 2012).

Published 15 Nov, 2012 12:00am
Cocoa jumps

Cocoa jumps

Cocoa futures trading on European and US markets posted their biggest one-day surge in 10 weeks on Wednesday, after the president of the world's top producer Ivory Coast unexpectedly dissolved the country's government. "Most people have just been fear buy
Published 15 Nov, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 14, 2012).

Published 15 Nov, 2012 12:00am
Palladium, platinum rally in New York

Palladium, platinum rally in New York

Platinum group metals (PGM) rose sharply on Tuesday after a bullish forecast that production outages earlier this year could create a supply deficit, while gold traded flat as investors awaited more clarifications on Greek aid by the eurozone.
Published 15 Nov, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 14, 2012).

Published 15 Nov, 2012 12:00am
Gold, platinum up in Asia

Gold, platinum up in Asia

Gold edged up on Wednesday as the euro steadied against the US dollar, while platinum extended gains to its highest in three weeks on expectations that demand could exceed supply this year due to falling output in South Africa. Gold had risen $3.25 to $1,
Published 15 Nov, 2012 12:00am
Gold rises in Europe

Gold rises in Europe

Gold prices erased losses after a larger-than-expected dip in US retail sales on Wednesday, but market talk was still dominated by theories on how the United States can avoid a crushing fiscal crisis, while platinum rose on supply concerns. Spot gold rose
Published 15 Nov, 2012 12:00am
US MIDDAY: soya jumps

US MIDDAY: soya jumps

US soyabean futures jumped on Wednesday for a second consecutive day on export business and stronger-than-expected crushing demand. The rebound came after technical selling and concerns about tight supplies easing drove prices to a 4 -1/2 month low on Mon
Published 15 Nov, 2012 12:00am
THE RUPEE: rates almost inert

THE RUPEE: rates almost inert

The rupee-dollar parity rates were almost unchanged on the currency market on Wednesday in process of trading, experts said. The rupee shed two-paisa in relation to the dollar for buying at Rs 95.92 while, it inched up by one-paisa for selling at 95.95, t
Published 15 Nov, 2012 12:00am
US MIDDAY: gold surges

US MIDDAY: gold surges

Gold prices rose early on Wednesday on gains in the crude oil market amid rising geopolitical tensions, and traders continued to focus on how the United States can avoid a debilitating fiscal crisis at the end of the year. News that Israel killed the mili
Published 15 Nov, 2012 12:00am
THE RUPEE: rates almost inert

THE RUPEE: rates almost inert

The rupee-dollar parity rates were almost unchanged on the currency market on Wednesday in process of trading, experts said. The rupee shed two-paisa in relation to the dollar for buying at Rs 95.92 while, it inched up by one-paisa for selling at 95.95, t
Published 15 Nov, 2012 12:00am
Buyers opt for cheaper Pakistani rice

Buyers opt for cheaper Pakistani rice

Vietnamese rice prices were quoted a touch lower in places due to thin demand as buyers opted for cheaper grain from India and Pakistan, while Thai prices stayed at relatively firm levels, supported by government intervention, traders said on Wednesday. V
Published 15 Nov, 2012 12:00am
Buyers opt for cheaper Pakistani rice

Buyers opt for cheaper Pakistani rice

Vietnamese rice prices were quoted a touch lower in places due to thin demand as buyers opted for cheaper grain from India and Pakistan, while Thai prices stayed at relatively firm levels, supported by government intervention, traders said on Wednesday. V
Published 15 Nov, 2012 12:00am
Buyers opt for cheaper Pakistani rice

Buyers opt for cheaper Pakistani rice

Vietnamese rice prices were quoted a touch lower in places due to thin demand as buyers opted for cheaper grain from India and Pakistan, while Thai prices stayed at relatively firm levels, supported by government intervention, traders said on Wednesday. V
Published 15 Nov, 2012 12:00am
Pakistan must invest more to slow population growth: UN

Pakistan must invest more to slow population growth: UN

A third of Pakistanis have no access to birth control, a senior UN official said on Wednesday, as he urged the country to allocate more resources to family planning to slow rapid population growth. Population is growing by 2.05 percent a year and has reac
Published 15 Nov, 2012 12:00am
Pakistan must invest more to slow population growth: UN

Pakistan must invest more to slow population growth: UN

A third of Pakistanis have no access to birth control, a senior UN official said on Wednesday, as he urged the country to allocate more resources to family planning to slow rapid population growth. Population is growing by 2.05 percent a year and has reac
Published 15 Nov, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (November 14, 2012).

Published 15 Nov, 2012 12:00am
Anti-austerity strikes sweep southern Europe

Anti-austerity strikes sweep southern Europe

Police and protesters clashed in Spain and Italy on Wednesday as millions of workers went on strike across Europe to protest against spending cuts they say have made the economic crisis worse. Hundreds of flights were cancelled, car factories and ports we
Published 15 Nov, 2012 12:00am
Anti-austerity strikes sweep southern Europe

Anti-austerity strikes sweep southern Europe

Police and protesters clashed in Spain and Italy on Wednesday as millions of workers went on strike across Europe to protest against spending cuts they say have made the economic crisis worse. Hundreds of flights were cancelled, car factories and ports we
Published 15 Nov, 2012 12:00am
Anti-austerity strikes sweep southern Europe

Anti-austerity strikes sweep southern Europe

Police and protesters clashed in Spain and Italy on Wednesday as millions of workers went on strike across Europe to protest against spending cuts they say have made the economic crisis worse. Hundreds of flights were cancelled, car factories and ports we
Published 15 Nov, 2012 12:00am
Japan to invest $15 billion in Indian infrastructure

Japan to invest $15 billion in Indian infrastructure

Japan is planning to invest 1.2 trillion yen (15 billion dollars) in 19 infrastructure projects in western India, the Nikkei business daily reported Wednesday. The projects include a desalination plant, a liquefied natural gas power plant, next-generation
Published 15 Nov, 2012 12:00am
Japan to invest $15 billion in Indian infrastructure

Japan to invest $15 billion in Indian infrastructure

Japan is planning to invest 1.2 trillion yen (15 billion dollars) in 19 infrastructure projects in western India, the Nikkei business daily reported Wednesday. The projects include a desalination plant, a liquefied natural gas power plant, next-generation
Published 15 Nov, 2012 12:00am
Japan to invest $15 billion in Indian infrastructure

Japan to invest $15 billion in Indian infrastructure

Japan is planning to invest 1.2 trillion yen (15 billion dollars) in 19 infrastructure projects in western India, the Nikkei business daily reported Wednesday. The projects include a desalination plant, a liquefied natural gas power plant, next-generation
Published 15 Nov, 2012 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 15 Nov, 2012 12:00am
NBP agrees to provide Rs 6.1 billion loan to Railways

NBP agrees to provide Rs 6.1 billion loan to Railways

National Bank of Pakistan (NBP) will provide cash-strapped Pakistan Railways a Rs 6.10 billion-rupee loan to revamp its depleted fleet. According to a private TV channel, an agreement to this effect has been reached between the National Bank and PRACS-a s
Published 15 Nov, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Nov, 2012 12:00am
NBP agrees to provide Rs 6.1 billion loan to Railways

NBP agrees to provide Rs 6.1 billion loan to Railways

National Bank of Pakistan (NBP) will provide cash-strapped Pakistan Railways a Rs 6.10 billion-rupee loan to revamp its depleted fleet. According to a private TV channel, an agreement to this effect has been reached between the National Bank and PRACS-a s
Published 15 Nov, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Nov, 2012 12:00am
NBP agrees to provide Rs 6.1 billion loan to Railways

NBP agrees to provide Rs 6.1 billion loan to Railways

National Bank of Pakistan (NBP) will provide cash-strapped Pakistan Railways a Rs 6.10 billion-rupee loan to revamp its depleted fleet. According to a private TV channel, an agreement to this effect has been reached between the National Bank and PRACS-a s
Published 15 Nov, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 15 Nov, 2012 12:00am
NBP agrees to provide Rs 6.1 billion loan to Railways

NBP agrees to provide Rs 6.1 billion loan to Railways

National Bank of Pakistan (NBP) will provide cash-strapped Pakistan Railways a Rs 6.10 billion-rupee loan to revamp its depleted fleet. According to a private TV channel, an agreement to this effect has been reached between the National Bank and PRACS-a s
Published 15 Nov, 2012 12:00am
Don't jump to conclusions over US general: Pentagon

Don't jump to conclusions over US general: Pentagon

US Defence Secretary Leon Panetta warned on Wednesday against jumping to conclusions over the actions of the top US commander in Afghanistan, a day after placing him under investigation in a widening scandal that already cost CIA Director David Petraeus h
Published 15 Nov, 2012 12:00am
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