KE profit slips during Q1 period!

Karachi:The Board of Directors of K-Electric Limited (KE) in its meeting held on November 27, 2020, at the KE head office, approved the Company’s financial results for the quarter ended September 30, 2020. KE reported a net profit amounting to PKR 1.111 billion for the quarter ended September 30, 2020, translating into an Earning per Share (EPS) of PKR 0.04. KE has decided to invest the profits earned back into businRead More…

Oracle Cloud Infrastructure to Help ChildLife Foundation Expand Life-Saving Operations

KARACHI:ChildLife Foundation (ChildLife) said in a statement on Friday that it has selected Oracle Cloud Infrastructure (OCI) to support its third party hospital management system application. Oracle Cloud Infrastructure has helped the foundation significantly increase the utilization of the application by improving its availability and performance, at a reduced cost. ChildLife has been expanding its operations expoRead More…

Raza Hasan sent home after Covid-19 protocol breach

KARACHI:Raza Hasan of Northern’s Second XI has been sent home following a breach of the Pakistan Cricket Board’s Covid-19 protocols. The decision means he will not be allowed to take any further part in the 2020-21 domestic season. Raza had left the bio-secure premises at a local hotel without seeking a prior clearance from the medical team as well as the PCB’s High Performance department. “It is sad and unfortunaRead More…

268 more dengue cases detected in Karachi

KARACHI:As many as 273 new dengue cases surfaced across the Sindh province in a week out of which 268 were reported in Karachi alone and five in other districts. The Vector Borne Diseases Department of Directorate General Health Services, Sindh, has recorded 1,352 dengue fever cases throughout the Sindh province from 1st to 29 November out of them 1,297 were registered in Karachi and 55 in other districts. The VBD Read More…

Conference on microfinance in post-pandemic era concludes

KARACHI:A two-day conference titled Sustaining Resilience: Microfinance in a Post Pandemic Era, was held at a local in Islamabad. The conference participants included policy makers, regulators, bilateral and multilateral donors, representatives from Microfinance banks, non-bank financial Institutions, commercial banks, the insurance industry and related stakeholders. According to a press release issued on Monday, thRead More…

COVID-19 claims 11 more lives infects 1,336 others

KARACHI:Sindh Chief Minister Syed Murad Ali Shah has said that 11 more patients died overnight in Sindh, lifting the death toll to 2,935 and 1,336 new cases emerged when 13,169 tests were conducted. This he said in a statement issued here from CM House on Monday. He said that 11 more patients of COVID-19 lost their lives lifting the death toll to 2,935 that constituted 1.7 percent death rate. Shah said that 13,169 Read More…

40 more Covid patients die in Pakistan

KARACHI:As many as 1,613 new coronavirus cases were reported during the last 24 hours in Pakistan while 40 more patients died of the virus disease, raising the country-wide death toll from the virus to 8,025 since the outbreak of the disease in February. According to the Ministry of National Health Services, Regulation and Coordination report on Sunday, a total of 398,024 people have been tested positive for the corRead More…

ATC acquits Farooq Sattar, others in hate-speech case

KARACHI:An anti-terrorism court on Monday acquitted Dr Farooq Sattar and other Muttahida Qaumi Movement (MQM) leaders in two cases pertaining to hate speeches. The ATC acquitted Dr Sattar, former mayor Wasim Akhtar, Rauf Siddiqui and Qamar Mansoor in two cases. The accused had filed petitions in the court seeking their acquittal in two cases, which were approved by the court. Sohrab Goth police had filed cases agaiRead More…

PTI govt will redress Sindh’s all issues: MNA

KARACHI:Member National Assembly (MNA) of Pakistan Tehreek-e-Insaf (PTI), Nusrat Wahid has assured that PTI government will redress all issues of entire Sindh province, including Karachi. Prime Minister Imran Khan has allocated Rs1.1 trillion special package for Quaid’s city while the Karachi Circular Railway (KCR) has already been started and the Green Line Bus Project would be inaugurated soon, she said during sepRead More…

Police nab street criminal

KARACHI:Gulshan-e-Maymar police in Karachi on Sunday arrested an accused wanted in street crime. According to Malir Police Spokesperson, the police, acting on a tip-off from a citizen, arrested an accused Mohabbat Khan. The arrested accused used to rob citizens at gunpoint. Weapons used in the incident and snatched mobile phone were recovered from the possession of the accused. Police also seized a stolen motorcyclRead More…