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Showing posts from January, 2011

Facebook acquired fb.com

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Kindle Wireless Reading Device, Wi-Fi, Graphite, 6" Display with New E Ink Pearl Technology Facebook has paid $ 8.5 million to acquire www.fb.com Now users need not to type 'facebook.com' rather it can be poped up by simply typing 'fb.com'. This is the way to make facebook unique and make it alive for ling time. This stratgey will work for organisation like social media for long time. Best of FACEBOOK! The King Is Dead

Pakistan Army Charged $1.4 billion for illegal use of public land

about $1.4 billion by the Auditor General of Pakistan after an audit report showed that the army had been using government land for commercial purpose illegally for decades. Auditor-General of Pakistan, Tanveer Agha, has charged the Pakistan Army a mind-blowing sum of 120 billion rupees based on an audit report that reveals illegal, commercial use of public land by the army for decades. According to the country's famous English daily The Express Tribune, the audit report was brought up before the Public Accounts Committee (PAC) in a meeting held on Thursday, January 20, 2011, in Islamabad. It showed illegal commercial use of Lahore’s Fortress Stadium by the army for decades without paying anything to the government. The Auditor General told the committee that the army should pay the government 120 billion rupees (about $1.4 billion), the amount they have generated over the years by the unfair use of public land in question. Retired Lieutenant General Athar Ali, Pakistan’s Defens

Pakistan: More than 3,000 companies registered in 2010

The Securities and Exchange Commission of Pakistan (SECP) registered 3,151 companies during the outgoing year – a 12 per cent increase from the 2,762 registered in 2009. According to figures released by the SECP on Friday, new registrations included 2,881 private companies, 142 single-member companies, 46 public unlisted companies and 42 foreign companies among others. The country’s total corporate portfolio as of December 31 stood at 57,689 registered entities. The total authorised capital and paid-up capital of the companies registered during last year was Rs43.5 billion and Rs16.9 billion, respectively. During the same period, 910 companies increased their authorised capital with an aggregate increment of Rs163.16 billion, while 171 companies raised their paid-up capital with the total increment amounting to Rs38.67 billion. The number of new registrations has gone up from the preceding year because of SECP’s online registration facilitation mechanism – eServices, which ha

A new Wave of Target Killing in Karachi, Pakistan

A new target killing wave is on surge in Karachi, which claimed the life of 22 people in 24 hours including one of Geo TV reporter Wali Khan Baber. Pehlwan Goth and Orangi are the main areas, which have been affected since the target killing has been started. In addition, Police and Rangers is seraching for the agitators in Pehalwan Goth. This is main the game of Political Parties, which for their interest boost members of its party to achieve theri hidden agenda, says on fo government official.

Reviving the Memories of Ashfaq Ahmed

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Ashfaq Ahmed, (August 22, 1925 – September 7, 2004) was a distinguished writer, playwright, broadcaster, intellectual and spiritualist from Pakistan. His prime qualities of heart and hand earned appreciations across the borders. He was regarded by many as the best Urdu Afsana (short-story) writer after Saadat Hasan Manto, Ismat Chughtai and Krishan Chander following the publication of his famous short-story "Gaddarya" [The Shepherd] in 1955. Works Aik hi boli Aik Mohabbat 100 Dramey Aik Muhabbat So Afsaney Arz-e-musannif Aur Dramey Band Gali Baba Sahiba Dhandoraa - Talqeen Shah Gadaria - Ujlay Phool Gulldan Hairat Kaadah Hasart-e-Tameer Jung Ba Jung Khail Tamasha Khatiya Watiyaa - Poetry Man Chaley Ka Soda MehmaansaraeyNangey Paoon Safar Dar Safar Safar e Maina Shahla Kot Shehre Aarzoo Shora Shori - Talqeen Shah Subhaey Ifsaney Talism Hosh Afza Tota Kahani Uchay Buraj Lahore Dey Waday e Jang Zaviya - 1 Zaviya - 2 Zaviya - 3 Zaviya - 4 Zav

FACEBOOK WILL END ON MARCH 15th!

PALO ALTO, CA –Mark Zuckerberg announced that Facebook will be shut down in March. Managing the site has become too stressful. “Facebook has gotten out of control,” said Zuckerberg in a press conference outside his Palo Alto office, “and the stress of managing this company has ruined my life. I need to put an end to all the madness.” Zuckerberg went on to explain that starting March 15th, users will no longer be able to access their Facebook accounts. “After March 15th the whole website shuts down,” said Avrat Humarthi, Vice President of Technical Affairs at Facebook. “So if you ever want to see your pictures again, I recommend you take them off the internet. You won’t be able to get them back once Facebook goes out of business.” Zuckerberg said that the decision to shut down Facebook was difficult, but that he does not think people will be upset. “I personally don’t think it’s a big deal,” he said in a private phone interview. “And to be honest, I think it’s for the better.

Facebook's Initial Private Offering

As investors enjoy their second straight January with positive brokerage statements in the mail, there's more than a whiff of optimism in the air. The Dow Jones Industrial Average is on course for its biggest two-year bull run since 1932, and individual investors are finally showing signs of getting back into stocks. The period Dec. 1 to Dec. 29 saw a total of $14.90 billion move out of bond funds and $5.51 billion into stock funds. The appetite for risk is back. For better or worse, people are ready to get in on the next hot play. America, after all, has always been a place where investors could ride the good fortunes of its most innovative companies. Hasn't it? In 1995 the locus of innovation was Web pioneer Netscape Communications, whose initial public offering ignited five of the most lucrative years in market history. In 2004 it was Google (GOOG), whose "Dutch auction" IPO invited anyone to bid on a share price; those who bid over $85—small and large investor

Africa's impressive growth

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Africa is now one of the world’s fastest-growing regions MUCH has been written about the rise of the BRICs and Asia’s impressive economic performance. But an analysis by The Economist finds that over the ten years to 2010, six of the world’s ten fastest-growing economies were in sub-Saharan Africa. On IMF forecasts Africa will grab seven of the top ten places over the next five years (our ranking excludes countries with a population of less than 10m as well as Iraq and Afghanistan, which could both rebound strongly in the years ahead). Over the past decade the simple unweighted average of countries’ growth rates was virtually identical in Africa and Asia. Over the next five years Africa is likely to take the lead. In other words, the average African economy will outpace its Asian counterpart.

Motorola unveils tablet computer, the Xoom

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LAS VEGAS: US telecom maker Motorola Mobility has jumped into the bustling tablet computer market with a touchscreen device powered by "Honeycomb," the latest version of Google's Android software. Sanjay Jha, the chief executive of Motorola Mobility, also presented three new Android-powered touchscreen smartphones to reporters on the eve of the annual Consumer Electronics Show (CES). Motorola Mobility's hotly awaited tablet computer, the "Xoom," will be available in the first quarter of the year, Jha said. With a 10.1-inch (25.6-centimeter) screen, the Xoom is about the same size as Apple's iPad, which hit stores in April and has other leading technology companies around the world scrambling to catch up. More than 100 firms are expected to unveil tablet computers at CES, which officially opens on Thursday and features more than 2,600 exhibitors of the latest gadgets. Jha said the Xoom will be the first tablet computer to hit stores featuring A

Pakistan: Governor Punjab has been killed

ISLAMABAD: Governor Punjab Salman Taseer was dead after one of his guards, named Malik Mumtaz Hussain Qadri, opened fire on him when he was going towards his car in Kohsar Market here today. Interior Minister Rehman Malik confirmed to the media that the guard has been arrested. He has confessed that he opened fire on the governor because of his support to Asia Bibi, he added. Asia Bibi was convicted on blasphemy. A policeman of elite force opened burst on the governor. He received bullets on his chest and neck. He was rushed to Poly Clinic but succumbed to the injuries. The police have also arrested six suspected people from the spot. Salman Taseer, 66, appointed governor of Punjab in 2008, was killed by one of his bodyguards opposed to his public criticism of controversial blasphemy laws. "He was a very good friend, a politician and a businessman. He was a national hero we have lost him," said interior minister and PPP stalwart Rehman Malik. He named the assassin

Musharraf to return homeland before elections

Former president and head of All Pakistan Muslim League (APML)has announced that his party members are preparing ground for his return. He was very optimistics about the election, according to him people love him and he will surely hit high score in upcoming elections. On the other hand government led by Pakistan Peoples Party (PPP) said that Judiciary is ready to welcome Former President Musharraf who is said to be accused in Benazir Bhutto assassination. Lets wait for the time to decide :)

Weekly review: KSE ends week, year with bang.

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KARACHI: The Karachi Stock Exchange (KSE) witnessed the traditional year-end rally to give a cheerful farewell to 2010. Despite late selling on the last trading day of the year, KSE-100 index registered an increase of 1.4 per cent to end the outgoing year at 12,022 points – its highest since July 2008. Overall, the benchmark index provided returns of about 28 per cent year-on-year. Foreign inflows for the week clocked in at higher levels with the net amount standing at $12.2 million, compared with just $5.5 million in the preceding week. The net inflow of foreign investments for the year tallied at an impressive $526 million. United Bank Limited (UBL) and Fauji Fertiliser Company (FFC) dominated discussions at the bourse during the week. Bestway Group’s acquisition of an additional 20 per cent stake in the bank encouraged positivity amongst investors, as did the disbursement of $633 million to the country as part of the Coalition Support Fund from the United States. FFC’s stock

The Real Blasphemers

Express Tribune Reports: The issue of Aasiya Bibi’s alleged blasphemy became one of the hottest topics for debate in 2010. At a very basic level, the question that everyone sought to answer is this: How are we, as Muslims, meant to deal with blasphemy? This question has a simple answer: we should ignore people who are accused of blasphemy and tell them that the great man whom they are supposedly targeting in their acts of blasphemy was the one who taught us to ignore their actions and focus on more positive things in life. There are several passages in the Quran which mention acts of blasphemy committed against the prophet and the message of Islam, three of which are more important than the others. None of these passages contains any indication that those found guilty of blasphemy ought to be killed. If there was a punishment for blasphemy in Islam, it should have been clearly mentioned in the Quran, especially in the passages where occurrences of it during the prophet’s lifetime

The ‘Bestway’ for United Bank Limited?

Despite a restructuring in the shareholding of United Bank Limited (UBL), management control of the bank shall remain unaffected. A letter sent by the UBL to Securities and Exchange Commission of Pakistan cited that “the consortium of Bestway Group (BG) and Abu Dhabi Group (ADG) hold 61.37 per cent shares in and control of UBL”. The letter explained that management control of the bank will remain with this consortium. On the other hand, some analyst believe that Bestway will take over the management of UBL in the mid of 2011.

Welcome January 2011

aey naey saal bata tujh main naya pan kia hai her taraf khalq nay kiun shor macha rakha hai roshni din ki wo hi taaron bhari raat wo hi aaj hum ko nazar aati hai her baat wo hi aasman badla hay afsos na badli hay zameen ...aik hindsay ka badalna koi jiddat to nahi aglay barson ki tarha hongay qareenay teray kisay maaloom nahi bara maheenay teray janwari,farwari aur march main pare gi sardee aur aprel ,maee ,joon main hogi garmee tera san e dehar main kuch khoaey ga kuch paey ga apni meeaad basar kar k chala jaay ga be sabab detay hain kiun loag mubarak baadain ghaliban bhool gay waqt ki karrwee yaadain teri aamad say ghatti umer jahan main sab ki faiz ne likhi hai ye nazm niraalay dhab kPoet: Faiz Janaury i Dil behlaane ki nahi koi sabeel january ki sard raatein hain taveel daalta hoon apne maazi par nigaah gaahe-gaahe kheenchta hoon sard aah kis tarah ab dil ko raah par laoo’n main kis bahaane se usse bhulaaoo’n main sab ko mahv-e-khawab raat chhod ke neend