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Saturday 25, May 2013

 
 
 




 
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Daily Archives: 9:02 pm

Pakistan’s First Ever Utility Sector Retail Bond Issue

KARACHI, May 23: KESC launches Rs. 2 billion AZM TFCs: Karachi Electric Supply Company has launched the public offering of Pakistan’s first ever Utility Sector Retail Bond Issue, titled: “KESC AZM TFC”. Term Finance Certificates (TFCs) are instruments of redeemable capital as defined under section 120 of the Companies Ordinance. This issue is listed, secured and [...]

Scientists transformed skin cells into heart muscle repairing cells

According to reports, some Lab scientists have reported on Wednesday that for the first time they have turned skin cells of patients who had suffered heart failure into cells that could repair damaged tissues of heart. The study is published online in the “European Heart Journal”, published by the European Society of Cardiology. This technique [...]

Pakistan, India, Turkmenistan sign key gas pipeline project

ISLAMABAD: Pakistan, India and Turkmenistan Wednesday signed an agreement to implement 1,800 km natural gas pipeline that connects one of Central Asia’s largest energy suppliers with South Asia’s critically underserved market, the Asian Development Bank (ADB) said. GAIL (India) Ltd. and Pakistan’s Inter State Gas System ( Private) Ltd. signed Gas Sales and Purchase Agreements [...]

Federal Govt holds Apex Court in high esteem: Gilani

ISLAMABAD: Prime Minister Syed Yusuf Raza Gilani has said that the Federal Government holds the Apex Court in high esteem and he has directed the Principal Secretary to the Prime Minister and the Cabinet Secretary to appear before the court in Quetta. He was presiding over the meeting of the Federal Cabinet at the Prime [...]

Facebook CEO “Mark Zuckerberg” sued by shareholders

According to sources, Facebook CEO Mark Zuckerberg and Morgan Stanley bank are being sued by the giant shareholders of social network, over Facebook’s controversy decreased initial public offering. At least three law firms said they were filing actions against Facebook and its underwriters after the $16 billion IPO flopped amid accusations that the lead underwriters [...]

Amin Fahim discusses Karachi situation with PM

ISLAMABAD: Federal Minister for Commerce, Makhdoom Amin Faheem called on Prime Minister Syed Yusuf Raza Gilani at Prime Minister’s Secretariat here on Wednesday and discussed political situation of the country in general and of Karachi in particular. The Federal Minister also apprised the Prime Minister about encouraging outcome of the talks with the members of [...]

15 Afghan Taliban lay down arms, join peace process

HERAT: A total of 15 Taliban insurgents laid down their arms and joined the government-backed peace process in Herat province 640 km west of the Afghan capital Kabul on Wednesday, police said. “Fifteen Taliban fighters gave up fighting and joined the peace process in Chasht district, Herat today,” police spokesman of the province Noor Khan [...]

iPhone designer “Jonathan Ive” receives knighthood by Princess Anne

The Briton credited the designer of some Apple’s most revolutionary products – the iPod, iPhone, iPad and iMac computer – was knighted by Princess Anne on Wednesday Jonathan Ive, Apple’s senior vice president of industrial design, was made a Knight Commander, Order of the British Empire (KBE) in a ceremony at Buckingham Palace. Ive, aged 45, was born in London but now lives in San [...]

PM directs to restore peace in Karachi

ISLAMABAD: The Prime Minister Syed Yusuf Raza Gilani has directed the Interior Minister to extend all possible help to the Sindh Government to restore peace in Karachi. This was stated by the Prime Minister during his meeting with Interior Minister Rehman Malik who called on him here on Wednesday. The Interior Minister apprised him about [...]

Russia test-fires new ballistic missile

MOSCOW: Russia has test-fired a new intercontinental ballistic missile from the Plesetsk space center in the Arkhangelsk region Wednesday, local media reported. The prototype of the new missile was launched at 10:15 a.m. Moscow time (0615 GMT), Interfax news agency reported, quoting a military official. Russian Defense Ministry spokesman Vadim Koval said the new missile, [...]

Casualties feared in chopper crash at Wazirabad

The wreckage of an Army Aviation helicopter, which reportedly went missing near Wazirabad previously on Wednesday has been found. The helicopter was flying over Chenab River at the time; a pilot and a trainee officer were reported to have been on board. Army officials said army teams were reached the scene to search the helicopter [...]

Iran nuclear talks in Baghdad begin

BAGHDAD: Key talks to resolve the nuclear dispute between Iran and the world six major powers in addition to the European Union have started in the Iraqi capital Baghdad on Wednesday. The meeting took place at one of the palaces in the presidential complex in the heavily fortified Green Zone in central Baghdad that houses [...]

Green coffee Bean’s extract helps reducing excess fat: Study

A team of researchers have found the natural weight loss supplement such as green coffee bean extract that will help in burning the excess fats from the body, much quicker than an ordinary diet and exercise. Losing weight requires healthy activities and proper dietary plans. Recently, a new clinical medical study indicated that little boost [...]

Ronaldo wants to win Real Madrid’s 10th Champions League title

The Blancos missed out on European glory this term after being ousted by Bayern Munich in the semi-finals, but the Portugal international assured that his prime target in the coming seasons is to help Los Blancos lift the coveted trophy. “My objective is to win Real Madrid’s 10th European Cup title. Everyone talks about the [...]

Lenovo’s quarterly sales increase by 59 percent

The world’s second largest Pc maker, Lenovo, said on Wednesday that its quarterly profit rose by 59 percent over a year earlier on record sales. Profit for the three months ending March 31 was $67 million, or 0.65 U.S. cents per share, the company announced. Quarterly sales rose 54 percent to $7.5 billion. For the [...]

Indian army helicopter crashes in disputed Kashmir

SRINAGAR: An official in Indian-administered Kashmir says an army helicopter has crashed on a glacier battlefield high in the Himalayas, killing the pilot and injuring another person. Army spokesman Lt Col J S Brar says the Indian Cheetah helicopter crashed Wednesday on Siachen Glacier, at the northern tip of the divided Kashmir region. Brar says [...]

Hemant Madhukar Wife goes all against Veena Malik

One of the toughest jobs for a celebrity wife is to ensure her husband is kept away from the hot actresses trying to cling on to him. While most of them are successful at it, there are times when such things tend to cause a lot of stress to the wives but they have no [...]

Zardari’s Chicago visit brought shame to the nation: Imran Khan

Pakistan Tehreek-e-Insaaf chief, Imran Khan, has said that President Zardari shouldn’t have participated in the NATO summit. His visit has only brought Pakistan shame and disgrace, he added. He was congratulating (Retd) Gen Ali Kuli Khan and his brother Ahmed Kuli Khan on their decision to join the Pakistan Tehreek-e-Insaaf (PTI), in Islamabad, on Tuesday. [...]

Railway overhauls 58 locomotives in six months: GM

RAWALPINDI: Pakistan Railways has added 58 locomotives in its fleet after repair during the last six months, General Manager (Operations) Junaid Qureshi said. Addressing the inaugural ceremony of three newly overhauled engines, he appreciated the performance of engineers working at the Central Diesel Workshop (CDW) and highlighted their role in improving the railways efficiency. Chief Engineer Locomotives Mobeen Ahmed, Deputy [...]

Big B defends minimal role in Hollywood movie

Indian acting legend Amitabh Bachchan has warned his millions of fans to keep their eyes peeled for his long-awaited Hollywood debut, otherwise they might miss it altogether. The Bollywood veteran laughed off his brief cameo in the new adaptation of F. Scott Fitzgerald’s 1925 novel “The Great Gatsby” starring Leonardo DiCaprio, Tobey Maguire and Carey Mulligan. “I play (underworld criminal) Wolfsheim for about [...]

Saudi Arab signs $3 bn deal with UK to buy trainer jets

Saudi’s defence ministry has signed a $3 billion deal with Britain to buy trainer jets for the kingdom’s air force, SPA state news agency reported on Wednesday. The deal also includes simulators, ground and training equipment and spare parts, SPA said, quoting a defence ministry official. The official said the new jets would help qualify Saudi pilots “to use fourth generation [...]

Pak Army chopper disappears near Wazirabad

An Army helicopter used for training went missing near Wazirabad area earlier on Wednesday, Aaj News reported. The helicopter was last reported flying over Darya-e-Chenab (River Chenab). A pilot along with another trainee were on board when the aircraft disappeared from radar. A search and rescue operation has been initiated to look for the missing helicopter.

Five aid workers kidnapped in Afghanistan

KUNDUZ, Afghanistan (Reuters) – Five aid workers, including two Western women doctors, have been kidnapped by unidentified gunmen in northeastern Afghanistan, police and the provincial governor’s office said on Wednesday. The aid workers working for a foreign-based aid group were making their way from central Faizabad city and were abducted on Tuesday in Yaftal-e Bala district, said Abdul Marouf Rasikh, a spokesman for [...]

Turkmenistan inks accord on trans-Afghan gas pipeline

AVAZA: Turkmenistan signed landmark agreements on Wednesday to supply natural gas to Pakistan and India, moving a step closer to building a US-backed pipeline running across Afghanistan. Turkmenistan’s state gas company Turkmengaz signed gas sales and purchase agreements with Pakistan’s Inter State Gas Systems and Indian state-run utility Gail. “The implementation of this project will [...]

US-Pakistan thaw swiftly becomes debacle: Report

WASHINGTON: A summit meant to symbolize a thaw between the United States and Pakistan has only worsened the bad blood, with the troubled relationship casting a pall over NATO plans on Afghanistan. The Western alliance at the last minute invited President Asif Ali Zardari to a summit in Chicago on the future of Afghanistan, with officials predicting a deal [...]

Facebook to redesign its “timeline” feature

Surrounded by criticism, Facebook again face some difficulties with new timeline profile look.  “Timeline is the story of your life…in a new way to express who you are,” Facebook CEO Mark Zuckerberg said on Thursday announcing the new feature. As its name suggests, the new timeline organizes your life in reverse chronological order based on the content [...]

 
 
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