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PTA To Auction 3G Licences To Mobile Operators To Generate Rs 60 Billion Revenue
The Pakistan Telecommunication Authority (PTA) has intended to auction 3G licenses to mobile operators to generate Rs 60 billion in a bid to raise non-tax income during the financial year 2010-11, Business Recorder has learnt. At present, mobile companies...
Al Meezan Investments announces interim dividend for Meezan Islamic Income Fund and Meezan Cash Fund
Karachi, January 04, 2010: Al Meezan Investment Management Limited (Al Meezan) is pleased to announce an interim payout of Rs. 0.50 per unit i.e., 1% of the par value Rs. 50/- for Meezan Islamic Income Fund (MIIF) and Rs. 1.75 per unit i.e., 3.5% of the...
Lenovo expects big PC sales boost from Windows 7
Lenovo (0992.HK), the world’s fourth-biggest personal computer maker, expects a boost in its PC sales from the launch of Microsoft’s (MSFT.O) new operating system, Windows 7, its chairman said on Saturday. “It will have a big impact,...
Google Paid a $1 Billion Premium for YouTube
Google’s acquisition of YouTube is one of the company’s best-known transactions and the most controversial. The deal made waves at the moment for the price tag it carried, which many believed to be significantly over-inflated, and later on...
Cisco boosts TelePresence strategy
MANILA, Philippines – Cisco recently announced major steps in the company’s strategy to bring Cisco TelePresence with continued global momentum for inter-company TelePresence services and the introduction of a new one-screen, one-camera system...
Twitter to introduce ‘friend lists’ feature
Twitter’s new lists feature will allow users to put the people they are following in to separate groups, to make it easier to manage their Twitter stream Twitter said it would initially test the Lists feature with a “small subset of users”,...
IBM takes on Google in business Web-mail market
IBM is introducing an inexpensive Web-based corporate email service that will compete with Google Inc’s Google Apps, which has recently suffered several high-profile outages. International Business Machines Corp will likely try to capitalize on...
Descon Engineering Limited selects SAP for its Enterprise Business Application Platform requirements
Karachi, September 30th, 2009 — Descon Engineering Limited and SAP today announced that they have entered into an agreement through SAP’s reseller Sidat Hyder Morshed Associates, to deploy SAP Enterprise Resource Planning (ERP) and SAP Industry...
Cotton Review: Plummets On Technicals, Weather-Related Sales
NEW YORK–Wide-scale selling amid technical cues and forecasts for favorable weather hit ICE U.S. Futures cotton hard Friday as the market reversed from a six-week high. Most-active December cotton settled 287 points lower at 61.94 cents a pound,...