Month: October 2020

Samsung reports KRW 12.35 trillion in operating profit for third quarter 2020

Samsung reports KRW 12.35 trillion in operating profit for third quarter 2020

Samsung Electronics today reported KRW 66.96 trillion in consolidated revenue and KRW 12.35 trillion in operating profit for the third quarter ended September 30, 2020, the company said in its press release. “Even as the COVID-19 pandemic continues around the world, reopening of key economies led to significant increase in consumer demand. Samsung Electronics was…

SuperSport becomes PCB’s broadcast partner for home international matches & PSL

SuperSport becomes PCB’s broadcast partner for home international matches & PSL

Pakistan Cricket Board has signed a three-year agreement with SuperSport that has made South Africa’s leading multi-channel sport network as its broadcast partner in the Africa region for all home international cricket and HBL Pakistan Super League until 2023. The agreement means SuperSport will have exclusive rights to televise Pakistan’s home international matches and HBL Pakistan Super League…

University heads resolve to maintain vigilance to contain covid-19 spread

University heads resolve to maintain vigilance to contain covid-19 spread

In view of the prevailing apprehension of COVID-19 resurgence, the Vice Chancellors of all the public and private universities of Pakistan have requested the government to provide a special COVID package for universities to enable them to implement the required SOPs (Standard Operating Procedures) effectively and prevent any outbreaks of the pandemic on campuses. The…

Ufone offers its lowest international roaming rates for Italy

Ufone offers its lowest international roaming rates for Italy

Pakistani telecom company, Ufone, has introduced another rewarding offer for the customers by providing its most economical international roaming rates for Italy. Customers can make voice calls, send SMS, and use 1 MB internet in just PKR 10, said a press release on Wednesday. “This is the lowest international roaming rate offered by any telecom…

IMC declares results for first quarter of financial year 2020-21

IMC declares results for first quarter of financial year 2020-21

The Board of Directors of Indus Motor Company (IMC) released its financial results for the first quarter ended September 30, 2020. The Company’s combined sales of Complete Knocked Down (CKD) and Complete Built-up (CBU) units for the quarter increased by 73% to 11,809 units against 6,839 units sold in the same period last year. The…

Shadab to miss first one-day international against Zimbabwe

Shadab to miss first one-day international against Zimbabwe

The Pakistan Cricket Board’s medical team confirmed that Pakistan men’s national team’s vice-captain Shadab Khan will be unavailable for selection for the first one-day international against Zimbabwe, which will be played at the Pindi Cricket Stadium on October 30. The leg-spinner suffered from stiffness in his left upper-leg during the first intra-squad warm-up match in…

PMC extends closing date of registration for National MDCAT till November 6

PMC extends closing date of registration for National MDCAT till November 6

Pakistan Medical Council (PMC) has extended the closing date of applications for National MDCAT examination till November 6, 2020. PMC said, the date is extended to accommodate students who want to register from all provinces. The notification further informed that the date of examination shall remain the same, November 15.

Zoom launches end-to-end encryption for free and paid users globally

Zoom launches end-to-end encryption for free and paid users globally

Zoom Video Communications, Inc. announced its new end-to-end encryption (E2EE) is now available to users globally, free and paid, for meetings with up to 200 participants. This feature is available immediately as a technical preview, meaning that the company is proactively soliciting feedback from users for the next 30 days. E2EE is available on Zoom desktop…

SECP approves first digital platform for raising capital under Regulatory Sandbox

SECP approves first digital platform for raising capital under Regulatory Sandbox

The Securities and Exchange Commission of Pakistan (SECP) has granted approval to the first technology-based crowd funding platform for commencement of live testing and experimentation under first cohort of its technology driven initiative – Regulatory Sandbox.  Crowd funding platform is an online digital platform that allows startups and Small and Medium enterprises to fund their…

91 Sri Lankan students win scholarship to study in Pakistan

91 Sri Lankan students win scholarship to study in Pakistan

The Higher Education Commission (HEC) of Pakistan has awarded Allama Iqbal Scholarship to 91 Sri Lankan students for Fall-2020/Spring-2021 sessions to pursue higher education in Pakistani universities, under Pak-Sri Lanka Higher Education Cooperation Programme. The selected students have started arriving in Pakistan and so far 27 students have reached Islamabad, Lahore, Karachi and Sukkur to…