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 …

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 …

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 …

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 …

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 …

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 …

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 …