2011 September : AsiaNet-Pakistan

Archive for September, 2011

Wapda Chairman Visits Golen Gol Project

[ 0 ] September 30, 2011 | Government Institutions

Lahore: In view of increasing electricity demand in the country, Pakistan Water and Power Development Authority (WAPDA) has geared up its efforts for optimum utilisation of hydropower potential by initiating a number of projects. These projects will not only help bridge the gap between electricity generation and its consumption but also improve the ratio of […]

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Takeda Completes Acquisition and Names New CEO of Nycomed

[ 0 ] September 30, 2011 | Medical

AsiaNet 46584 OSAKA, Japan, Sept. 30/ PRNewswire-AsiaNet/ — Takeda Pharmaceutical Company Limited (“Takeda”, TSE: 4502) announced it has completed its acquisition of Nycomed A/S (“Nycomed”) for 9.6 billion Euro on a cash-free, debt-free basis and made Nycomed a wholly owned subsidiary of Takeda effective the same day. Dr. Frank Morich has been named CEO of […]

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ایک چھوٹا پہاڑی گاؤں فیس بک پر وسیع ہوگیا

[ 0 ] September 30, 2011 | General, Urdu

AsiaNet 46569 کوور، سوئٹزرلینڈ، 30 ستمبر / پی آر نیوز وائر – ایشیا نیٹ / اب ہر کوئی سوئس “بن ” سکتا ہے گرو بینڈن میں اوبرمیٹن کا چھوٹا پہاڑی گاؤں چند دنوں کے لیے فیس بک پر آگیا ہے اور ایک انوکھا وعدہ کر رہا ہے۔ ہر کوئی جو http://www.facebook.com/obermutten پر جائے اور “لائک” […]

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A Small Mountain Village Gets Big on Facebook

[ 0 ] September 30, 2011 | General

AsiaNet 46569 CHUR, Switzerland, Sept. 30/PRNewswire-AsiaNet/ — Now Anybody Can “Become” Swiss The little mountain village of Obermutten in Graubuenden has been on Facebook for a few days and is making an unusual promise. Anyone who goes to http://www.facebook.com/obermutten and clicks on “like” can put his/her photo onto the Commune’s official notice board. By doing […]

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Morning Buzz for September 30, 2011 – MR Securities

[ 0 ] September 30, 2011 | Brokerage

Karachi: LHC restrains OGRA, ministry from pursuing LPG Policy According to MR Securities, the Lahore High Court (LHC) on Thursday restrained the Oil and Gas Regulatory Authority (OGRA) and the Ministry of Petroleum and Natural Resources from taking any coercive action against LPG marketing companies pursuant to the controversial LPG Production and Distribution Policy, 2011 […]

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AKD Quotidian about Inflation Preview, DR expectations and the KSE

[ 0 ] September 30, 2011 | Brokerage

Karachi: Inflation numbers for Sep’11 are likely to be released before the Oct 8’ll monetary policy statement. According to AKD Securities, they expect CPI to clock in at 1O.7%YoY/1.25%MoM in Sep’11, which would imply real interest rates of 2.8%. While this implies SBP has the space to cut the DR swiftly, particularly if the central […]

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Morning Call about Ufone and Broadband segment continue to fuel growth – Arif Habib Limited

[ 0 ] September 30, 2011 | Brokerage

Karachi: With no short term trigger, the stock of Pakistan Telecommunication Company Limited (PTC) has lost more than 25.3% since the start of FY12, underperforming the Benchmark KSE-100 Index by 13.8%. According to Arif Habib Limited, this was mainly on account of shrinking fixed line operations, price competition and rising operating cost which resulted in […]

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Tractor Industry facing troubles – Alfalah Securities Limited

[ 0 ] September 30, 2011 | Brokerage

Karachi: The Tractor industry of the country has been severely knocked due to the imposition of sales tax which has jacked up tractor prices and has led the farmers to cut demand. According to Alfalah Securities, the imposition of sales tax has caused Al-Ghazi Tractors to shutdown since July 2011 while other tractor units are […]

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Wapda hands over PkR 5 bn to PSO against PkR 29 bn outstanding – Alfalah Securities Limited

[ 0 ] September 30, 2011 | Brokerage

Karachi: Wapda has released PkR 5 bn to Pakistan State Oil (PSO) out of the total PkR 29 bn outstanding while, the Sindh government has also stated to pay PkR 4 bn within few days. According to Alfalah Securities, PSO’s circular debt had reached to a record level of PkR 155 bn due to non-payment […]

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Extension of the Date for Filling of Sales Tax / Federal Excise Returns for the Period of August

[ 0 ] September 30, 2011 | Multiutilities

Islamabad: The Federal Board of Revenue has extended the dates for filing of Sales Tax and Federal Excise Returns for the period August, 2011. In a letter issued here today, it has been communicated to all Chief Commissioners of LTUs and RTOs that the date for filing of Sales Tax / Federal Excise Returns has […]

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Pakistan Petroleum Limited’s 60th Annual General Meeting approves 20% cash dividend and 10% bonus

[ 0 ] September 30, 2011 | Oil and Gas

Karachi: The 60th Annual General Meeting (AGM) of Pakistan Petroleum Limited (PPL) was held on September 30, 2011. The AGM approved the financial statements together with the auditor’s report for the financial year ended June 30, 2011. It further approved payment of final cash dividend of 20 percent on ordinary share capital and issue of […]

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Oxford organizes its annual book fair

[ 0 ] September 30, 2011 | Multiutilities

Karachi: Oxford University Press is holding its annual Oxford Book Fair from 1 to 31 October at the Oxford bookshops in Karachi, Lahore, Islamabad, Faisalabad, Multan, Peshawar, Quetta, Hyderabad, Sukkur, and Sargodha. The book fair offers attractive discounts on a wide range of books and will be of great interest to book-lovers, booksellers, librarians, professionals, […]

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