12 March 2009 05:00 [Source: ICIS news]
THE TIMES OF INDIABusiness
Janashakthi steer difficult 2008 with profits
Janashakthi Insurance PLC, third largest insurance company operating in the country announced yesterday that company has recorded a Rs503m profit before taxes in its very first year of converting to a Public Liability Company.
NASSCOM President Som Mittal to visit Sri Lanka
The President of NASSCOM, Mr Som Mittal will be visiting Sri Lanka on 24 March as the chief guest of the Business Leaders’ Forum jointly organised by the American Chamber of Commerce (AmCham) and Sri Lanka Association of Software and Service Companies (SLASSCOM).
DAWN
Front page
Hundreds held in massive crackdown
Police arrests more than 400 opposition activists in a bid to thwart lawyers’ long march and sit-in in Islamabad.
Nawaz says trusting Zardari was a mistake
Sharif says it is a real revolution but the next 48-hours will determine which way the wind is likely to blow.
Business
Pakistan’s inflation up by 21.07% in February
Inflation rose in February after declining month-on-month for three months after hitting a record high of 25% in October.
Fast track power plant bids reviewed by PPIB
The financial proposals of the bids received for fast track independent power producers (IIPPs) to be commissioned during 2010 and 2011 were opened here on Wednesday.
BUSINESS RECORDER
Front page
Country nears the precipice: Gilani vows to help resolve crisis
Prime Minister Yousuf Raza Gilani on Wednesday said he would take up the issue of lifting Governor's Rule in Punjab with the President on his return from Iran, adding that PPP was ready for amicable solution to the crisis.
US may ease trade with Pakistan
Congress could act on legislation this year to establish "permanent normal trade relations" with both Russia and Kazakhstan and to eliminate tariffs on goods from Pakistan, Afghanistan and Georgia, a senior Democratic lawmaker said on Tuesday.
Business
Global economic downturn affecting exports of Pakistan
Chief Executive of Trade Development Authority of Pakistan (TDAP) Syed Mohibullah Shah on Wednesday said that the country is likely to miss the fiscal exports target of the current fiscal year.
Zardari puts up proposals for economic growth
President Asif Ali Zardari on Wednesday called for a regional approach to deal with the menace of terrorism and militancy, while taking into account the interests, capacity and aspirations of sovereign states and their peoples.
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