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Print - 2015-08-19
KBD construction: PJP supports PML-Q campaign

KBD construction: PJP supports PML-Q campaign

Pakistan Justice Party (PJP) has announced full support for "PML-Q movement" for construction of Kalabagh dam and joining the campaign in this regard. The support was announced by Pakistan Justice Party Chairman Malik Mansab Awan and other leaders during
Published 19 Aug, 2015 12:00am
255 societies providing 0.221 million houses to members: survey

255 societies providing 0.221 million houses to members: survey

Registered cooperative housing societies in Punjab are playing a significant role in providing cheap and high standard housing facilities to their members and till now have provided more than 0.221 million housing units to their members in the province.
Published 19 Aug, 2015 12:00am
NAP being effectively implemented in Punjab: CM

NAP being effectively implemented in Punjab: CM

Punjab Chief Minister Muhammad Shahbaz Sharif has said that there is no room for terrorism and extremism in the country. He said that National Action Plan is a joint national strategy against terrorists and their facilitators and it is being effectively i
Published 19 Aug, 2015 12:00am
Traders criticise increase in power tariff

Traders criticise increase in power tariff

The business community of South Punjab has sharply reacted to the increase of power tariff by Rs 3 per unit for commercial as well as industrial consumers and put extra burden on the traders describing it detrimental to country's economy. President of Mul
Published 19 Aug, 2015 12:00am
MoU signed: Chinese firm to set up modern cement plant in Salt Range

MoU signed: Chinese firm to set up modern cement plant in Salt Range

A memorandum of understanding (MoU) was signed between Punjab government and Chinese Cement Company Yantai Baoqiao Jinhong regarding setting up of a modern cement plant in Salt Range. Punjab Chief Minister Shahbaz Sharif was the chief guest at the signing
Published 19 Aug, 2015 12:00am
Decline in exports FPCCI blames energy, water woes

Decline in exports FPCCI blames energy, water woes

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has linked the over 17 percent decline in exports during July 2015 to shortages of electricity, gas and water to the industrial sectors hampering production across the country. Vice Pres
Published 19 Aug, 2015 12:00am
Tax recoveries: slow progress by FBR irks PAC

Tax recoveries: slow progress by FBR irks PAC

The Public Accounts Committee (PAC) has shown its displeasure over slow progress by Federal Board of Revenue in deciding various cases of direct and indirect taxes pending for last 12 years. The meeting of sub-committee of PAC held here on Tuesday under c
Published 19 Aug, 2015 12:00am
KP governor asks SBBU administration to adopt broader mechanism

KP governor asks SBBU administration to adopt broader mechanism

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan has directed administration of Shaheed Benazir Bhutto University (SBBU), Sharingle Dir District to adopt broader mechanism and follow better financial discipline in line with rules and regulations of fi
Published 19 Aug, 2015 12:00am
NA-19: PTI defeat serves fatal blow to Reham's political ambitions

NA-19: PTI defeat serves fatal blow to Reham's political ambitions

The recent defeat of Pakistan Tehreek-e-Insaf (PTI) candidate in NA-19 (Haripur) by-election, where Reham Khan, the wife party chairman Imran Khan, spearheaded the election campaign, proved to be a fatal blow to her political career. After the party was d
Published 19 Aug, 2015 12:00am
ATC declares MQM chief as proclaimed offender

ATC declares MQM chief as proclaimed offender

An Anti-Terrorism Court (ATC) here Tuesday declared MQM chief Altaf Hussain a proclaimed offender and ordered police to arrest and produces him in the court within seven days. A case under section 124A, 153A, 505 and 25 Telegraph Act was registered agains
Published 19 Aug, 2015 12:00am
Bol TV taken over by ARY News

Bol TV taken over by ARY News

Founder and President of ARY News Salman Iqbal on Tuesday announced that his organisation is taking over the "Bol News Network." CEO of ARY News said that "Pakistan's largest News Network will be launched within three weeks." Salman Iqbal along with Chair
Published 19 Aug, 2015 12:00am
Chief of Qatar Armed Forces calls on Prime Minister

Chief of Qatar Armed Forces calls on Prime Minister

Chief of Staff Qatar Armed Forces Major General Ghanim bin Shaheen Al-Ghanim called on Prime Minister Muhammad Nawaz Sharif here on Tuesday at the Prime Minister House and discussed matters relating to bilateral interest. The PM said that Qatar is very im
Published 19 Aug, 2015 12:00am
President's address on Independence Day

President's address on Independence Day

In his Independence Day address, President Mamnoon Hussain made it clear that Pakistan desired bilateral ties with neighboring countries, including India, on the basis of peaceful co-existence, but in case of any threat there would be no compromise on its
Published 19 Aug, 2015 12:00am
Shock and fears for future after Bangkok blast

Shock and fears for future after Bangkok blast

Tourists in Bangkok recount their shock at Monday's bomb attack, while businesses fear the worst as violence returns to the streets of the Thai capital. Bangkok (dpa) - Francesco Fabbiani was relaxing with his wife and three children on the fifth floor sw
Published 19 Aug, 2015 12:00am
Protests in Brazil: a storm in the land of the future

Protests in Brazil: a storm in the land of the future

Large demonstrations in Brazil showed dissatisfaction with the government of President Dilma Rousseff. Even the world-famous Copacabana beach was overwhelmed by an unhappy crowd. Rousseff's approval rating has sunk to a new low, and many demand her impeac
Published 19 Aug, 2015 12:00am
A fresh look at Russia, Central Asian states

A fresh look at Russia, Central Asian states

In the ranking of foreign direct investment (FDI) in Pakistan, Russia and Central Asian States (CAS) do not figure out at all. The first three positions continue to be held by the US, UK and EU. But, the status is changing fast. Fresh investments from the
Published 19 Aug, 2015 12:00am
Terror strike at the heart of security apparatus

Terror strike at the heart of security apparatus

The first high profile attack against the PML-N government in Punjab in the ongoing war against terrorism has claimed the life of Home Minister Shuja Khanzada and 18 others, including Deputy Superintendent of Police Hazro, Shaukat Ali Shah, underscoring t
Published 19 Aug, 2015 12:00am
CSF beyond 2015

CSF beyond 2015

The United States Congress extended its limitation on reimbursement to Pakistan under the Coalition Support Fund (CSF) by amending the National Defense Authorization Act for Fiscal Year 2014 by striking "fiscal year 2014" and inserting "fiscal year 2015".
Published 19 Aug, 2015 12:00am
ICE cotton rises for 5th straight day but shows signs of slowing
Cotton

ICE cotton rises for 5th straight day but shows signs of slowing

ICE cotton futures rose for the fifth straight session on Tuesday, extending a rally that began with last week's bullish US government crop forecast, but showed signs of losing momentum as it failed to exceed the prior session's high. "We're still holding
Published 19 Aug, 2015 12:00am
Shanghai copper drop to 38,510 yuan

Shanghai copper drop to 38,510 yuan

Shanghai copper is expected to drop to 38,510 yuan per tonne, as it is riding on a downtrend towards the August 7 low of 37,310 yuan. The trend is considered as a continuation of a bigger downtrend preceding the rebound from the July 28 low of 37,440 yuan
Published 19 Aug, 2015 12:00am
Copper slides to six-year low below $5,000 on China angst

Copper slides to six-year low below $5,000 on China angst

Copper prices slid to a six-year low below the psychological $5,000 a tonne level on Tuesday as worries about weak demand growth from top consumer China were reinforced by tumbling equity prices in Shanghai. Benchmark copper on the London Metal Exchange h
Published 19 Aug, 2015 12:00am
Oil rises on US data; bets for stockpile drop

Oil rises on US data; bets for stockpile drop

Oil rallied on Tuesday, with US crude settling up nearly 2 percent, after bullish economic data and bets for lower crude stockpiles in the United States, the world's largest oil consumer. Short-covering ahead of Thursday's expiry of the key front-month co
Published 19 Aug, 2015 12:00am
Tokyo rubber drops to 10-month low
Currency

Tokyo rubber drops to 10-month low

Benchmark Tokyo rubber futures dropped to their 10-month low on Tuesday as speculators stepped up selling on increasing worries about demand from the world's top consumer China, while slumping Chinese shares and weaker oil prices reinforced negative senti
Published 19 Aug, 2015 12:00am
India oilseeds, soyoil rise on concerns over soybean output

India oilseeds, soyoil rise on concerns over soybean output

Indian oilseeds and soyoil futures rose on Tuesday, following gains in Malaysian palm oil and on concerns over production of soybeans due to erratic weather in growing areas. Malaysian palm oil futures hit their highest in nearly two weeks as the ringgit
Published 19 Aug, 2015 12:00am
EU wheat down more as big French crop weighs

EU wheat down more as big French crop weighs

Euronext wheat futures extended a slide on Tuesday to their lowest in two-and-a-half months as slow export activity raised concern that France may struggle to shift a record crop. December milling wheat, the most active contract on the Paris-based Euronex
Published 19 Aug, 2015 12:00am
Palm hits two-week high on ringgit weakness
Currency

Palm hits two-week high on ringgit weakness

Malaysian palm oil futures hit their highest level in nearly two weeks on Tuesday as the ringgit continued to weaken near 1998 lows, although declines in competing markets dragged on appetite for the edible oil. By the close on Tuesday, the benchmark palm
Published 19 Aug, 2015 12:00am
Arabica coffee dips, near three-month high, sugar eases

Arabica coffee dips, near three-month high, sugar eases

Arabica coffee futures on ICE hovered near last week's three-month high on Tuesday, while sugar prices eased, under pressure from a brisk cane harvest in centre-south Brazil. New York cocoa firmed on technically driven buying, supported by concerns over d
Published 19 Aug, 2015 12:00am
Gold struggles in Asian trade

Gold struggles in Asian trade

Gold was trapped in narrow ranges on Tuesday, struggling to move higher as investors looked to a near-term increase in US interest rates in the face of mostly firm economic signals. Gold ended a seven-week losing streak last week as China's shock devaluat
Published 19 Aug, 2015 12:00am
Gold falls after US data as focus shifts back to rate rise

Gold falls after US data as focus shifts back to rate rise

Gold fell on Tuesday, as the dollar rebounded following upbeat US housing data that supported views of a looming interest rate increase by the Federal Reserve. US housing starts rose to a near eight-year high in July as builders ramped up construction of
Published 19 Aug, 2015 12:00am
CBOT soybeans end firm on bullish US crush data

CBOT soybeans end firm on bullish US crush data

Soybean futures on the Chicago Board of Trade closed modestly higher on Monday, with the spot September contract drawing support form a higher-than-expected monthly US soybean crush figure, traders said. The National Oilseed Processors Association said it
Published 19 Aug, 2015 12:00am
US MIDDAY: corn firmer

US MIDDAY: corn firmer

Chicago Board of Trade corn futures higher on Tuesday on technical buying and following a reduction late on Monday in condition ratings for the US crop, traders said. Investors also were buying corn and selling both soybeans and wheat futures, with rainfa
Published 19 Aug, 2015 12:00am
US MIDDAY: soybeans down

US MIDDAY: soybeans down

US soybean futures fell more than 1 percent on Tuesday, pressured by stable crop conditions and forecasts for rain in the US Midwest at a key point in the crop's development. Corn firmed as a weekly US Department of Agriculture report showed a slight decl
Published 19 Aug, 2015 12:00am
LB polls: ECP asked to fulfil its responsibility

LB polls: ECP asked to fulfil its responsibility

Disposing of a matter related to Local Bodies (LB) polls in Punjab and Sindh on Tuesday, the Supreme Court ruled that Article 140 of the Constitution empowers the Election Commission of Pakistan (ECP) to fulfill its responsibility of holding polls in the
Published 19 Aug, 2015 12:00am
LB polls: ECP asked to fulfil its responsibility

LB polls: ECP asked to fulfil its responsibility

Disposing of a matter related to Local Bodies (LB) polls in Punjab and Sindh on Tuesday, the Supreme Court ruled that Article 140 of the Constitution empowers the Election Commission of Pakistan (ECP) to fulfill its responsibility of holding polls in the
Published 19 Aug, 2015 12:00am
Muslim forum in Egypt urges moderation in issuing fatwas

Muslim forum in Egypt urges moderation in issuing fatwas

Leading Muslim clerics meeting in Cairo on Tuesday called for moderation in issuing religious edicts, in an attempt to counter extremist fatwas that sanction jihadist atrocities. The muftis - often chief interpreters of Islamic law in their countries - an
Published 19 Aug, 2015 12:00am
Muslim forum in Egypt urges moderation in issuing fatwas

Muslim forum in Egypt urges moderation in issuing fatwas

Leading Muslim clerics meeting in Cairo on Tuesday called for moderation in issuing religious edicts, in an attempt to counter extremist fatwas that sanction jihadist atrocities. The muftis - often chief interpreters of Islamic law in their countries - an
Published 19 Aug, 2015 12:00am
Israel opposition head meets Abbas, warns of 'third intifada'

Israel opposition head meets Abbas, warns of 'third intifada'

Israeli opposition chief Isaac Herzog called on Tuesday for a resumption of peace negotiations to prevent a new uprising, after talks with Palestinian president Mahmud Abbas in the West Bank. "We agreed on the fact that on the ground in recent weeks and d
Published 19 Aug, 2015 12:00am
Israel opposition head meets Abbas, warns of 'third intifada'

Israel opposition head meets Abbas, warns of 'third intifada'

Israeli opposition chief Isaac Herzog called on Tuesday for a resumption of peace negotiations to prevent a new uprising, after talks with Palestinian president Mahmud Abbas in the West Bank. "We agreed on the fact that on the ground in recent weeks and d
Published 19 Aug, 2015 12:00am
Big cases: proceedings initiated but no recovery made, PAC's body told

Big cases: proceedings initiated but no recovery made, PAC's body told

Federal Board of Revenue (FBR) informed the sub-committee of Public Accounts Committee (PAC) that recovery proceedings for Rs 41.7 million in big cases like M/s Ittefaq Foundry have been initiated, but no recovery has so far been made. Examining the Audit
Published 19 Aug, 2015 12:00am
The Weather

The Weather

The weather report on Tuesday (August 18, 2015) and the forecast for Wednesday (August 19, 2015).

Published 19 Aug, 2015 12:00am
Big cases: proceedings initiated but no recovery made, PAC's body told

Big cases: proceedings initiated but no recovery made, PAC's body told

Federal Board of Revenue (FBR) informed the sub-committee of Public Accounts Committee (PAC) that recovery proceedings for Rs 41.7 million in big cases like M/s Ittefaq Foundry have been initiated, but no recovery has so far been made. Examining the Audit
Published 19 Aug, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (August 18, 2015).

Published 19 Aug, 2015 12:00am
Big cases: proceedings initiated but no recovery made, PAC's body told

Big cases: proceedings initiated but no recovery made, PAC's body told

Federal Board of Revenue (FBR) informed the sub-committee of Public Accounts Committee (PAC) that recovery proceedings for Rs 41.7 million in big cases like M/s Ittefaq Foundry have been initiated, but no recovery has so far been made. Examining the Audit
Published 19 Aug, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 19 Aug, 2015 12:00am
Al Qaeda commander, accomplice killed in Karachi

Al Qaeda commander, accomplice killed in Karachi

An al Qaeda commander along with his accomplice was killed during a targeted action by Rangers, Police and intelligence agencies, here on Tuesday. According to intelligence sources, the operation was conducted after receiving information about the presenc
Published 19 Aug, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 19 Aug, 2015 12:00am
Al Qaeda commander, accomplice killed in Karachi

Al Qaeda commander, accomplice killed in Karachi

An al Qaeda commander along with his accomplice was killed during a targeted action by Rangers, Police and intelligence agencies, here on Tuesday. According to intelligence sources, the operation was conducted after receiving information about the presenc
Published 19 Aug, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (August 18, 2015).

Published 19 Aug, 2015 12:00am
UN chief urges restraint after Kashmir clashes

UN chief urges restraint after Kashmir clashes

UN Secretary-General Ban Ki-moon on Tuesday urged India and Pakistan to show restraint following clashes at Line of Control that have caused deaths on both sides. Ban said an upcoming meeting of security chiefs on August 23-24 could help bolster dialogue
Published 19 Aug, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 18, 2015)

Published 19 Aug, 2015 12:00am
UN chief urges restraint after Kashmir clashes

UN chief urges restraint after Kashmir clashes

UN Secretary-General Ban Ki-moon on Tuesday urged India and Pakistan to show restraint following clashes at Line of Control that have caused deaths on both sides. Ban said an upcoming meeting of security chiefs on August 23-24 could help bolster dialogue
Published 19 Aug, 2015 12:00am
No plan to issue Rs 10,000 banknote: SBP

No plan to issue Rs 10,000 banknote: SBP

State Bank of Pakistan (SBP) Tuesday said that there is no plan whatsoever for issuance Rs 10,000 or any higher denomination banknote. The SBP has categorically denied reports circulating in a section of press and electronic/social media regarding its pla
Published 19 Aug, 2015 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (August 18, 2015).

Published 19 Aug, 2015 12:00am
No plan to issue Rs 10,000 banknote: SBP

No plan to issue Rs 10,000 banknote: SBP

State Bank of Pakistan (SBP) Tuesday said that there is no plan whatsoever for issuance Rs 10,000 or any higher denomination banknote. The SBP has categorically denied reports circulating in a section of press and electronic/social media regarding its pla
Published 19 Aug, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 18, 2015).

Published 19 Aug, 2015 12:00am
No plan to issue Rs 10,000 banknote: SBP

No plan to issue Rs 10,000 banknote: SBP

State Bank of Pakistan (SBP) Tuesday said that there is no plan whatsoever for issuance Rs 10,000 or any higher denomination banknote. The SBP has categorically denied reports circulating in a section of press and electronic/social media regarding its pla
Published 19 Aug, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (August 18, 2015).

Published 19 Aug, 2015 12:00am
Sri Lanka's ruling party wins election with 106 seats

Sri Lanka's ruling party wins election with 106 seats

Sri Lanka's ruling party won parliamentary elections on Tuesday, making huge gains and strengthening its mandate for reform, although it has fallen short of an outright majority, official results showed. Voters swung behind Prime Minister Ranil Wickreme-s
Published 19 Aug, 2015 12:00am
Sri Lanka's ruling party wins election with 106 seats

Sri Lanka's ruling party wins election with 106 seats

Sri Lanka's ruling party won parliamentary elections on Tuesday, making huge gains and strengthening its mandate for reform, although it has fallen short of an outright majority, official results showed. Voters swung behind Prime Minister Ranil Wickreme-s
Published 19 Aug, 2015 12:00am
THE RUPEE: little changes
Currency

THE RUPEE: little changes

The rupee managed to resist sharp losses against the dollar on the local money market on Tuesday in the process of trading, dealers said. The rupee depicted no change in relation to the dollar for buying and selling at Rs 101.95 and Rs 101.97 respectively
Published 19 Aug, 2015 12:00am
THE RUPEE: little changes
Currency

THE RUPEE: little changes

The rupee managed to resist sharp losses against the dollar on the local money market on Tuesday in the process of trading, dealers said. The rupee depicted no change in relation to the dollar for buying and selling at Rs 101.95 and Rs 101.97 respectively
Published 19 Aug, 2015 12:00am
ISE index down by 25.73 points

ISE index down by 25.73 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 25.73 points as the ISE Ten Index moved from 3,298.48
Published 19 Aug, 2015 12:00am
ISE index down by 25.73 points

ISE index down by 25.73 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 25.73 points as the ISE Ten Index moved from 3,298.48
Published 19 Aug, 2015 12:00am
LSE index further declines 10.27 points

LSE index further declines 10.27 points

Equities on Tuesday swung to and fro on the Lahore Stock Exchange and finally settled in negative zone amid a descending transaction volume because of lacking interest on the part of investors. The LSE-25 index further declined by 10.27 points to 6268.99
Published 19 Aug, 2015 12:00am
LSE index further declines 10.27 points

LSE index further declines 10.27 points

Equities on Tuesday swung to and fro on the Lahore Stock Exchange and finally settled in negative zone amid a descending transaction volume because of lacking interest on the part of investors. The LSE-25 index further declined by 10.27 points to 6268.99
Published 19 Aug, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (August 18, 2015).

Published 19 Aug, 2015 12:00am
US, Britain push for UN sanctions on South Sudan

US, Britain push for UN sanctions on South Sudan

The United States and Britain pushed for UN sanctions Tuesday to punish South Sudan's government over its failure to sign a peace deal as the Security Council weighed its next move to help end the nearly two-year war. South Sudan rebel chief Riek Machar s
Published 19 Aug, 2015 12:00am
IFTECH 2015: new technology trends coming on display

IFTECH 2015: new technology trends coming on display

The International Exhibition of Food & Beverage Processing Packaging Technologies is known as the largest annual gathering of food and beverage technology leaders and professionals in Pakistan. The mega event on technology is commences from september1-3,
Published 19 Aug, 2015 12:00am
Britain offers new shale gas sites for first time in seven years

Britain offers new shale gas sites for first time in seven years

Britain offered shale gas exploration licences for the first time in seven years on Tuesday, awarding new sites to companies including IGas and France's GDF Suez. Britain's Conservative Prime Minister David Cameron has promised to go "all out for shale",
Published 19 Aug, 2015 12:00am
Transmission licence of NTDC: IPPs reject modifications

Transmission licence of NTDC: IPPs reject modifications

Independent Power Producers (IPPs) have reportedly rejected recent modifications in transmission licence of National Transmission and Despatch Company (NTDC) as this can affect their Power Purchase Agreements (PPAs) and Implementation Agreements (IAs). We
Published 19 Aug, 2015 12:00am
Transmission licence of NTDC: IPPs reject modifications

Transmission licence of NTDC: IPPs reject modifications

Independent Power Producers (IPPs) have reportedly rejected recent modifications in transmission licence of National Transmission and Despatch Company (NTDC) as this can affect their Power Purchase Agreements (PPAs) and Implementation Agreements (IAs). We
Published 19 Aug, 2015 12:00am
Transmission licence of NTDC: IPPs reject modifications

Transmission licence of NTDC: IPPs reject modifications

Independent Power Producers (IPPs) have reportedly rejected recent modifications in transmission licence of National Transmission and Despatch Company (NTDC) as this can affect their Power Purchase Agreements (PPAs) and Implementation Agreements (IAs). We
Published 19 Aug, 2015 12:00am
FTCL granted licence to construct, own transmission facilities

FTCL granted licence to construct, own transmission facilities

National Electric Power Regulatory Authority (Nepra) has granted transmission licence to first private sector company - Fatima Transmission Company Limited (FTCL) - for constructing and owning transmission facilities. The Economic Coordination Committee (
Published 19 Aug, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Aug, 2015 12:00am
FTCL granted licence to construct, own transmission facilities

FTCL granted licence to construct, own transmission facilities

National Electric Power Regulatory Authority (Nepra) has granted transmission licence to first private sector company - Fatima Transmission Company Limited (FTCL) - for constructing and owning transmission facilities. The Economic Coordination Committee (
Published 19 Aug, 2015 12:00am
FTCL granted licence to construct, own transmission facilities

FTCL granted licence to construct, own transmission facilities

National Electric Power Regulatory Authority (Nepra) has granted transmission licence to first private sector company - Fatima Transmission Company Limited (FTCL) - for constructing and owning transmission facilities. The Economic Coordination Committee (
Published 19 Aug, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Aug, 2015 12:00am
2008 market crisis: report shows broker directors in a bad light

2008 market crisis: report shows broker directors in a bad light

The report on the stock market crash-2008 has revealed that the members of the stock exchanges that were affected by various decisions taken since June 23, 2008 were themselves part of the decision-making processes, and broker directors were in a position
Published 19 Aug, 2015 12:00am
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