Tech and Telecom

Satellite images taken almost two decades apart have revealed that private housing societies in Islamabad’s E-11 sector not only reduced the width of the nullah in E-11/2 but also altered its natural flow which caused urban flooding after torrential monsoon downpour earlier this week. An image from 2002 shows the zigzag nullah in its natural flow entering the E-11 sector. However, in 2010-12, a private housing society changed the natural stream of the nullah by making its zigzag part straight in street 2 of E-11/2, where a mother and her child drowned after gushing water entered their basement. ALSO READ…

Engro Fertilizers Limited has announced its financial results for the half-year that ended on 30 June 2021. According to the notification to the Pakistan Stock Exchange (PSX), it has booked a profit of Rs. 10.50 billion, increasing by a massive 136 percent as compared to Rs. 4.45 billion of profit earned in the corresponding period last year. Along with the result, the company announced an interim cash dividend of Rs. 4.0 per share in addition to the interim cash dividend already paid at Rs. 4.00 per share (40 percent). While commenting on the results, M. Waqas Ghani, AVP JS Global,…

The once iconic and viral “Friendship Ended With Mudasir” meme has now made its way into the crypto space in the form of digital art, more commonly termed as Non-fungible Token (NFT). Alter, a Lahore and London-based startup is reportedly making moves for the NFT, which has been scheduled for an official opening auction on World Friendship Day (3o July). “We are about to mint and auction a 1/1 NFT of the meme ‘Friendship Ended with Mudasir’ for World Friendship Day”, said the startup in a statement. ALSO READ Google’s Parent Company Reports $61 Billion Revenue in Q2 2021 Originally,…

Pakistan cricket team has faced a lot of criticism for not adapting to the modern game, and many cricketing experts have claimed that Pakistan cricket is still stuck in the 90s. Pakistan was known to take the attack to the opposition within the first fifteen overs, known as the powerplay overs in the modern game, with the likes of Shahid Afridi, Imran Nazir, and Saeed Anwar at the top of the order in the late 90s and early 2000s. ALSO READ Rizwan Explains Why He Uses Gray-Nicolls Bat [Video] Pakistan’s approach to the game has changed drastically as the top…

Shell Pakistan Limited collaborated with Uber and Muawin by Cashew Financial Services, to deliver a fuel management solution with unparalleled features to Uber partner drivers. Through this collaboration, Uber partner drivers will get access to fuel financing from Muawin by Cashew Financial Services, to fulfill their mobility needs at Shell. By means of tech-enabled financing and personalized Shell Fleet Cards, the Uber partner drivers can avail a wide range of convenient offers at Shell fuel stations. The offer is further enriched with fabulous discounts on lubricants and car washes, besides many opportunities to participate in other exciting promotions. The Shell…

The Pakistani Rupee (PKR) posted a negligible improvement against the US Dollar (USD) in the interbank currency market today. It improved by one paisa over yesterday’s exchange rate, closing at Rs. 161.88 to the USD today (29 July) as compared to Rs. 161.89 on Wednesday (28 July). ALSO READ Trend Continues as Rupee Dips Big Against All Currencies Again During the day, the PKR traded between Rs. 160.9 and Rs. 162.25 before closing at Rs. 161.88 against the greenback. This week’s journey for the PKR included a substantial improvement of Rs. 1.09 on Monday, deterioration of 10 paisas on Tuesday,…

The Senate Standing Committee on Information Technology and Telecommunication on Thursday observed that if Parliamentarians do not have access to mobile phone service inside Parliament and Parliament Lodges, then what facility is being provided to the public, and directed the Chief Executive Officers (CEOs) of cellular companies for briefings in next meeting. The committee, which met with Kauda Babar in the chair, also sought a briefing on the initial agreement with Etisalat and the cybersecurity policy. The Standing committee also decided to take in-camera briefing on strategic issues from the Ministry of IT, Special Communication Organization (SCO), and Pakistan Telecommunication…

Prime Minister Imran Khan has dismissed from services a senior Inland Revenue official (Grade-20) of the Federal Board of Revenue (FBR) for illegally approving income tax refunds of Rs. 58,606,508 to a company without fulfilment of laid down rules and regulations. In this regard, the FBR has issued a notification ((Dismissal from Service) here on Thursday against the Director (Enforcement), FBR (HQ), Islamabad. Under the notification, the disciplinary proceedings were initiated against Director (Enforcement), FBR (HQ), Islamabad under Government Servants (Efficiency & Discipline) Rules, 1973, on account of “Inefficiency”, “Misconduct” and “Corruption”. ALSO READ Pakistan Raises $350 Million In Murabahah…

The subcompact sedan segment of Pakistan has just become slightly more competitive as Honda Atlas Cars Limited (HACL) has officially launched the 6th generation City in Pakistan. Like several other vehicle launches that came before, the new City’s was also a digital launch, hosted by Aamir H. Shirazi, President of Atlas group, Hironobu Yoshimura, CEO of Honda HACL, 2.Aamir Nazir, General Manager Sales and Marketing, who told the viewers about the various aspects of the vehicle and also apprised the people about the company’s accomplishments over the years. Although the current City is not the “latest and greatest” product in…

Although the authorities in Islamabad have successfully cleared all highways and streets from rainwater on the back of a massive Monsoon downpour on Wednesday morning, President Arif Alvi has refused to sit idle and instead wants to help as well. Making the announcement on Twitter, President Alvi fashionably remarked his love for Islamabad, comparing its beauty with other “lovely cities of Pakistan”. He even posted a picture of himself rowing a boat in Karachi in 2017 Islamabad is my city just like Karachi and all other lovely cities of Pakistan. I am confident that Islamabad's administration are doing their job…