In Thursday's South Asia papers

12 March 2009 05:00  [Source: ICIS news]


Front page

Zardari returns, holds talks with Gilani
Amidst political turmoil, Pakistan President Zardari returned from Iran late Wednesday night and held an emergency meeting with PM Gilani.

Go vote, India Inc tells employees
Corporate India is using tactics like informal gatherings underlining the importance of one's right to vote and mailers being sent out to demystify the poll process.


Smartphone users on advertisers' radar
The millions of people who use their cellphones daily to play games, download applications and browse the internet may not realise that they have an unseen companion: advertisers that can track their interests, their habits and even their location.

Audi sees major growth in 'bright Indian market'
Even as no tangible signs of improvement are visible on the global economic horizon, luxury car maker Audi AG is stepping on the gas with its counter-cyclical approach.


Front page

Stock brokers tweak offers to retain clients
Even as income from stock broking business is heading southward, there are brokers willing to offer new and enhanced facilities to keep customers from migrating elsewhere or avoiding trade altogether.

Satyam suitors to declare bidding intentions today
Suitors for fraud-hit Satyam have to give notice on Thursday that they are interested in bidding for the Indian outsourcing giant amid lingering uncertainty over the true state of its finances.


Front page

No sign of improvement in power and gas supply
Although the government set up monitoring cell in Power and Energy Ministry, no substantial improvement is appeared in the power and gas supply situation across the country.

Army Act being considered for fastest trial: Shafiq
The law minister, after a meeting with the attorney general and the army's judge advocate general on Wednesday, said trying the BDR mutineers under the Army Act is still being considered for the fastest trial.


MCCI urges removal of uncertainties on tax holiday in next budget
Metropolitan Chamber of Commerce and Industry (MCCI) on Wednesday strongly urged the government to remove the uncertainties on continuation of the tax holiday and widen the list of industries under the scheme in the next budget.

Remittance steady, but still a challenge for economy: BB Governor
Bangladesh Bank Governor Dr Salehuddin Ahmed on Wednesday said the remittance inflow remained steady, but it is still a challenge for the presently sound economy.


Front page

Prof Ganganath returns home
Former Rupavahini chairman Prof Dhammika Ganganath Dissanayake reported abducted from his residence in Kottawa yesterday has returned home.

After fighting, Sri Lanka needs devolution - Menon
Sri Lanka needs true devolution of power to minority Tamils if it wants to permanently end its long-running ethnic war, Indian Foreign Secretary Shivshankar Menon said on Wednesday.


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).


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.


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.


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.


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.

By: Staff Reporter
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