Islamabad: The SECP has notified the draft Electric Power Generation Industry (Cost Accounting Records) Order, 2012 for the companies engaged wholly or partially in generation of electric power energy in Pakistan under the licenses granted by the National Electric Power Regulatory Authority (NEPRA) of Pakistan. The draft electric power generation …

Karachi: Administrator KMC Muhammad Hussain Syed has said that problems of journalist’s community and their associations will be solved on a preferential basis. This he said on a visit of under construction APNS House in Gulistan-e-Jauhar where he was accompanied by APNS President Hameed Haroon, former director APNS Dr. Tanvir, …

Islamabad: Supreme Court of Pakistan will announce the reserved judgment in Human Rights Case No. 7734-G/2009 and 1003-G/2010 (Alleged Corruption in Rental Power Plants) and other connected Human Rights Case No. 56712/2010 (Fraud in payment of Rental Power Plants detected by NEPRA) on 30.03.2012 (Friday). The applicants namely Makhdoom Syed …

Karachi: National Bank of Pakistan has entered into an agreement with Microsoft Pakistan. The signing ceremony took place at the National Bank of Pakistan Head Office in Karachi. The Microsoft Enterprise Agreement will enable National Bank to use Microsoft Virtualization, Unified Communication, Business Process Automation, Private Cloud technologies as well …

Islamabad: A four-day training workshop organized jointly by the National Disaster Management Authority (NDMA) and World Bank on probabilistic risk modelling concluded here today. The Workshop was organized to create awareness and to train the staff of the National Disaster Management Authority (NDMA),and Provincial Disaster Management Authorities (PDMAs) including AJK, …

Karachi: The 20th AGM (Annual General Meeting) of Bank Alfalah Limited was held on Thursday, 29 March, 2012. Bank Alfalah made a profit before provision and taxation of Rs. 9,757.5 million for the year ended December 31, 2011, as compared to Rs. 5,603.6 million in 2010, registering a significant improvement …

Karachi: Following the revision in fund stability rating methodology, JCR-VIS Credit Rating Company Limited has harmonized the fund stability rating (FSR) of HBL Money Market Fund (HBLMMF) from ‘AA+(f)’ (Double A Plus (f)) to ‘AA(f)’ (Double A (f)). In line with the investment policy, at least 50% of net assets …