Tag: Launches

KSE launches austerity drive to make up for monthly losses

KARACHI - The Karachi Stock Exchange (KSE), facing a loss of around Rs 10 million every month, has embarked upon, what the sources call, an austerity plan. In a move to curb losses at the bourse, the KSE management has terminated the services of at least three general managers as a part of its austerity plan under which the termination of some 83 non-management staffers of the KSE is also being considered.
According to sources, the country's largest bourse is incurring sustained

Ufone launches new BlackBerry phone

KARACHI: Ufone, one of the main telecom operators, became the first in Pakistan to introduce the latest BlackBerry Torch 9800 smartphone for its valued customers.
This is eighth time that Ufone has been the first to launch the latest BlackBerry handset in the country. The Torch 9800 is Pakistan's first slider plus QWERTY pad BlackBerry smartphone. It is loaded with the new version 6.0 BlackBerry operating system and a five mega pixel camera. The handset allows multi-tab browsing,

SPARC launches campaign against child marriages

KARACHI: Child marriages in Pakistan are a common occurrence with almost 58 percent prevalence in rural and 27 percent in urban areas, Society for the Protection of the Rights of the Child (SPARC) has disclosed. Commenting on the occasion of a province-wide campaign launched by SPARC titled "Child Marriage: Unjust and Unlawful", SPARC Sindh Manager Suhail Ahmed Abro said there was an urgent need to amend the Child Marriages Restraint Act of 1929.
A private bill has been

Honda Launches New Hybrid Fit Model

Honda Motor on Friday launched a hybrid version of its popular Fit subcompact car in Japan, making it the cheapest petrol-electric car available on the market.
Expecting to generate considerable sales, Fit Hybrid went on sale with a starting price of 1.59 million yen (19,000 dollars), cheaper than any other hybrid vehicle in Japan. The conventional Fit is priced at about 1.2 million yen.
The vehicle has been launched as a direct competitor to Toyota's Prius, which has been