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Alcatel (Paris: CGEP.PA and NYSE: ALA) today announced that TeleCard Limited, a leading facilities based competitive operator in Pakistan, has signed a multi million dollar contract for a Voice over IP (VoIP) solution from Alcatel. TeleCard is committed to providing state-of-the-art wireline and wireless local loop (WLL) services throughout Pakistan. With its services extending to [...]

A Pakistani software company has been awarded top international quality CMM-Level 4 certification for introducing state-of-the-art business processes in the delivery of its products and services. The Lahore-based NetSol Technologies Ltd which specializes as the developer of proprietary software applications and provider of information technology (IT) services, is the first-ever local company and the 126th [...]

CNBC Pakistan, Pak Oman Invenstment Company and Saudi Pak Industrial & Agricultural Investment Company signed a shareholders agreement to bring the world-acclaimed business network to Pakistan, says a Press release. CNBC Pakistan will be boadcasted from state of the art studios and production facilities in Karachi, Islamabad and Lahore and will transmit live programming in [...]

The government has decided to remove income withholding tax on gifts sent by the overseas Pakistanis to friends and families. At present, the government levies 6 per cent withholding tax on these gifts. Previously gifts below the cost of Rs 1,000 were not taxable. The government raised the limit of non-taxable gifts to Rs 10,000, [...]

Music for a noble cause, and this year, it’s not just a journey beyond barriers, but beyond borders, too. On December 23, the St Xavier’s College grounds will reverberate with the beats of Strings — the duo of Faisal Kapadia and Bilal Maqsood from Pakistan, MTV veejay-turned-singer Sophiya and popstar Shibani. ‘It’s an effort to [...]

The devaluation of the Pakistani rupee by 4-5 per cent since July has boosted the interest of prospective African buyers of rice, traders say. A surge of orders is expected from the second half of this month and it could not come at a more opportune time for Pakistan’s rice farmers. They expect to produce [...]

China announced that it will provide technical assistance to the country of Pakistan in producing electricity through solar energy, said an official of the Jiangsu Solar Energy Resources Institute. “We can help Pakistan manufacture solar collector tubes that could be used to providing cheap electricity,” said the official. “We will also transfer technology to Pakistan [...]

The US police experts have started training Pakistani police officers in community policing, an official source said. Police officers of the rank of ASP from all over the country are attending the two-week training programme in Islamabad during which they will be taught modern techniques and methods of community policing. He said police officers participating [...]

Sohail Abbas scripted yet another record and guided Pakistan to a 2-1 win over arch-rivals India in their crucial league match in the Champions Trophy hockey tournament on Wednesday. The ace drag-flicker, coming to the match just one goal short of erasing Australian Mark Hager’s Champions Trophy record of 32 goals, slammed home from a [...]

The first movie made jointly by producers from Pakistan and India will be ready for screening next month, a leading Indian film director said Tuesday. Nazar (Sight) is based on the life of an Indian woman who struggles against social injustices common in both Pakistan and India, rival nations who share more than half a [...]