Category archives for: Pakistan

Investors file lawsuits against Zynga top management for disinformation on performance and stock prices – Part 1

Zynga sold share without prior notification to the investors and employees on the matter, employees and investors enraged on the act Zynga, Inc. is in a bit of a pickle these days, especially the last one week has dragged them deeper into the pits. First news of disappointing revenue growth in the second quarter then […]

Investors file lawsuits against Zynga top management for disinformation on performance and stock prices – Part 2

“While Zynga insiders were able to sell their holdings at $12 per share before Zynga’s second-quarter financial results were announced, Zynga’s non-executive employees and other public shareholders suffered colossal losses on their investments,” the suit alleges. The lawsuits state that Zynga was not clear on the issue that their gaming business was not going booming […]

Rehman Malik requests Chairman Senate to summon in-camera session on Balochistan

Federal Interior Minister Rehman Malik on Thursday requested the Chairman Senate to summon an in-camera session on Balochistan, claiming Balochistan Liberation Army (BLA) has made a road map to disintegrate the country. The minister while briefing the chairman Senate on law and order situation in Balochistan asked him to summon ISI, Foreign Office and Interior […]

Referees playing for clubs not acceptable – PFF

The Federation claims that officials playing for teams is against rules and strict punishments will be given out to such individuals. According to the FIFA rules, a referee cannot play for a club, but this is something which is common in Pakistan.  Former FIFA referee Abdul Aziz is registered with the Karachi Kickers, while national […]

Fabian Cancellara ends his 2012 season

Fabian Cancellara ends his 2012 season Fabian Cancellara of Team RadioShack-Nissan has decided to call it a day on his 2012 season and will also miss the UCI Road World Championships. The cyclist underwent a surgery earlier this year and it is believed that he has not fully recovered to ride in the coming events […]

Doctors in Balochistan go on strike

Doctors in Balochistan go on strike The doctors in government and private hospitals of Quetta are observing a strike Thursday following the call of Pakistan Medical Association (PMA), Balochistan chapter against the kidnapping of another doctor of Bolan Medical Complex (BMC), Geo News reported.  Unknown armed men abducted a psychiatrist Dr Ghulam Rasool of BMC […]

Attorney General Irfan Qadir objects four judges in contempt of court case

Objecting four judges in the bench hearing petitions against the Contempt of Court Act 2012, Attorney General Irfan Qadir on Thursday said these judges were prejudiced. A five-member bench of the apex court headed by Chief Justice Iftikhar Muhammad Chaudhry resumed the hearing of 27 identical petitions filed against recently passed Contempt of Court Act. […]

Prime Minister Raja Pervez Ashraf orders to release $4.5 million for PIA

In order to uplift Pakistan International Airline (PIA), Prime Minister Raja Pervez Ashraf has instructed the Finance Ministry to release 4.5 million dollars to the corporation after fulfilling necessary formalities. While chairing a high level meeting to review the performance of PIAC, the premier assured its management that he would favorably consider conversion of Rs […]

Politically motivated cases can be sent to Parliament; says NAB Chief

Chief National Accountability Bureau (NAB) Admiral (Retd) Fasih Bokhari has offered to send politically motivated cases to parliament, hinting at a similar proposal to the National Reconciliation Ordinance (NRO). While giving a briefing to the Public Accounts Committee (PAC), he was of the opinion that the bureau couldn’t alone close politically motivated cases. He noted, […]

Somali pirates release seven Pakistani sailors

After the intense struggle by Pakistani officials, seven crew members of merchant ship MV Albedo have been released and would be reaching Karachi on Thursday. Governor Sindh Dr. Ishratul Ebad while holding a presser late Wednesday informed that those seven hostages, who have been in the captivity of Somali pirates since November 2010, have been […]

PML-N’s allegations against SKMH; PTI’s chief Imran Khan cries foul play

Dismissing allegations and asking the Supreme Court to take action, Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said Pakistan Muslim League-Nawaz (PML-N) could harm the country to any extent just to come into power. Replying to the money laundering cases leveled against him by Khawaja Muhammad Asif, the senior leader of the PML-N, the PTI chairman […]

Mumbai Evidence not valid, Pakistan tells India

Islamabad: (Wednesday, August 01, 2012) Pakistan has told Indian authorities that recently shared evidences regarding the Mumbai attacks are not valid and are inadmissible in court as Pakistanis were not allowed to cross-examine the Indian officials. Replying to the Indian officials, the interior ministry of Pakistan has maintained this view point after a court rejected […]

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