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October 14, 2018 12:00 AM SoftBank picks 5 banks for IPO

TOKYO: SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering of its mobile-phone unit, a person with direct knowledge of the matter said. The other institutions are Mizuho Financial Group Inc, Deutsche Bank AG and the SMBC Nikko Securities 8

October 11, 2018 7:28 AM ECP starts sending passcodes to overseas voters for by-polls

The Election Commission of Pakistan (ECP) on Thursday started the process of issuing passcodes to overseas voters who have been registered through i-voting for the October 14 by-polls, DawnNewsTV reported. According to an official, who requested anonymity, the passcodes are being sent through email and the process will take two to three hours. With assistance

October 10, 2018 12:00 AM LCCI slams rupee devaluation

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to direct Ministry of Finance and State Bank of Pakistan to immediately intervene in the matter of rupee devaluation, as it is bound to hit all the sectors of the economy hard, a statement said on Tuesday. LCCI President Almas Hyder said that the government should start

October 8, 2018 7:49 AM Supreme Court reserves verdict on Asia Bibi's final appeal against execution

A special three-member bench of the Supreme Court on Monday reserved its judgement on the final appeal against the execution of Asia Bibi, a Christian woman sentenced to death for blasphemy. Chief Justice Mian Saqib Nisar, Justice Asif Saeed Khosa and Justice Mazhar Alam Khan Miankhel, were hearing Bibi's 2014 appeal (Asia Bibi v. The State, etc). While 11 1

October 3, 2018 12:00 AM SaudiGulf to start flights to Pakistan

KARACHI: SaudiGulf Airlines on Tuesday announced it will start operations to four destinations in Pakistan as part of its international route expansion program. The operations would begin from October 15, 2018 to Lahore, Islamabad, Sialkot, and Karachi connecting the main cities of Dammam, Jeddah, Abha and Riyadh. The announcement was made during SaudiGulf 2

October 2, 2018 12:00 AM David Luiz was ‘confused’ under Conte, says Sarri

LONDON: David Luiz was left puzzled by his treatment under former Chelsea coach Antonio Conte, according to new Stamford Bridge boss Maurizio Sarri. Luiz had been an central figure in Chelsea’s title win in Conte’s first season as boss, in 2016-17, but scarcely featured after the 3-0 loss at Roma on October 31 last year. The Brazil defender, 31, had a rumoured 1

September 21, 2018 12:00 AM Gulf states should be party to proposed ‘Iran talks’

CAIRO: Washington’s Gulf Arab allies should be included in proposed treaty negotiations with Iran over its ballistic missile programme and regional behaviour, a senior Emiriati official said on Thursday. Brian Hook, US special envoy for Iran, said on Wednesday the United States is seeking to negotiate a treaty with Iran to include Tehran’s ballistic 4

September 17, 2018 9:13 AM SC rejects NAB's 'frivolous' application against IHC decision to hear Sharifs’ petitions

The Supreme Court on Monday rejected an application of the National Accoun­tability Bureau (NAB) against the Islamabad High Court’s (IHC) Sept 10 decision to proceed with the petitions of former prime minister Nawaz Sharif and his family members seeking the suspension of sentences awarded by an accountability court in the Avenfield reference. In its application 2

September 15, 2018 12:00 AM BISP, HEC to provide scholarships to social sector researchers

Islamabad: Benazir Income Support Programme (BISP) in collaboration with HEC will provide scholarships and two-years internship opportunities to social sector researchers on key research areas. This was decided during a comprehensive brain storming session on the subject titled BISP-HEC Collaboration for Research held at HEC’s auditorium co-chaired by Secretary 2

September 14, 2018 12:00 AM CCP imposes Rs4.25m penalty on seven fabric, packaging companies

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs4.25 million on seven fabric and packaging companies for deceptive marketing practices and fraudulently using the registered trademark of ShajarPak (Pvt) Limited, a fabric manufacturer. ShajarPak complained to CCP that eight companies including five fabric manufacturers 2