Islamabad—A meeting of the members of the Board
of Privatisation Commission was held here today
under the chairmanship of Syed Naveed Qamar
Federal Minister for Privatisation, Investment
and Finance. The PC decided that the Financial
Advisor for Oil & Gas Development Company
Limited (OGDCL) may be directed to work out all
the options for privatisation of OGDCL through
sale of shares, strategic sale with management
control or assets sale including Qadirpur Gas
field on fast track basis taking into account
the observance of all steps strictly in
accordance with the legal provisions.
Karachi—Microsoft held an interactive workshop
for journalists to raise awareness on the role
of media in the fight against software piracy,
copyright infringement and to highlight the
value of genuine software to consumers,
businesses and the national economy. Microsoft
took this initiative keeping in mind the hazards
and threats posed by software piracy.
Karachi—Governor State Bank of Pakistan, Dr.
Shamshad Akhtar on Tuesday invited Barclays Bank
(Pakistan) to invest in infrastructure and other
development projects in the country.
Acknowledging the significant role of Barclays
Bank Pakistan in strengthening the global
financial sector , the SBP Chief emphasized “
you can do projects financing here. We need huge
investments for infrastructure development.”
Karachi—Stocks plunged to a 26- month low as the
ruling coalition’s major parties split over a
disagreement about judicial appointments. The
Karachi Stock Exchange 100 index fell 3.9
percent, the steepest decline in four weeks, to
9,430.29, the lowest since June 28, 2006. Oil &
Gas Development Co., Pakistan’s biggest
petroleum explorer, and MCB Bank Ltd., the
country’s second- largest lender, led at least
58 of the benchmark’s 100 members down by the 5
percent daily limit.
Islamabad—Google expects to graduate a feature
from its labs to its main search page in the
next week to help users execute faster and more
specific searches. The feature, called Google
Suggest, automatically recommends options for
the rest of your search term as you type based
on the most popular searches. Like many Google
offerings, Google Suggest has been available for
use for several years while in development. The
feature, which mirrors services offered by Yahoo
and the recently launched Cuil, was announced
Monday on GoogleBlog:
