It has been observed that the ministry http://www.hajjinfo.org website may get down with increasing visitors.

PakPoint Network (pakpoint.com) in no way is responsible for any delay or server busy. It is MINISTRY website http://www.hajjinfo.org which is down. We have provided this external link to facilitate our site regular visitors.

Ballot for Government Applications  for Hajj 2009 will be held on 10th August 2009 at 1530 HRS, results will be available as soon as possible.

As per earlier reports it was planned to be started today at August 1, 2009.

The Deputy Chairman of the Authority Tariq Malik told APP that the
card would initially be issued to overseas Pakistanis and later it
would replace all CNICs.

He said the purpose of the project is to facilitate the card holder,
as the chip would have all the relevant data of the holder, while could
be used for various purposes.

He said the present CNIC have a 3-D bar which has not much
information of the holder rather it requires an on-line connection with
Nadra for the verification of the card holder.

Malik said the project would be initiated on August 14 this year as a pilot project and would be completed by March next.

To a question regarding the cost of the new card, he said it would
be a cost-effective project as each card would cost Rs80 to the
applicant.

‘We have sent eight Nadra’s engineers to France for training to
implement the project by the Authority,’ he said adding that the
international cost of each card is around $4-5 but NADRA would provide
at $1 only.

He said the new card would help eliminate CNIC fraud threats
including dual and fake ID cards. He added that presently, people try
to apply for CNIC on fake documents but the Authority blocks their data.

The Deputy Chairman said that Nadra has a large data base of about
100 million people and so far it has issued 71.5 million CNICs
including 43.2 million male and 28.3 million female CNICs.

He informed that as many as 13.750 million people get free of cost CNICs since the scheme was announced by the government.

Malik said that due to Benazir Income Support Programme (BISP) the
Authority observed a tremendous growth in registration of females.

He said presently, the Authority is registering 66 females daily out
of 100 while in past the female registration ratio was quite low.

He said Nadra has established eight National Swift Registration
Centres (NSRCs) in different districts comprising female Nadra staff to
register maximum females.

In addition to this, he said separate female counters have also been
set up for in Internally Displaced Persons (IDPs) camps for registering
the female IDPs.

Malik added that so far 19,7000 IDPs have been registered with NADRA at camps only.

The home ministry is set to give security clearance to Norwegian telecom firm Telenor to hike its shareholding in Unitech Wireless, by
up to 74%, on the condition that none of the staff who have worked in Telenor Pakistan —100% owned by the Telenor group — are employed here.

Indian Telecom industry is either concerned with their security or may have professional jealousy that is why they have made this restriction. India and Pakistan both are living together side for more than 60 years but still both countries lack a trust and confidence on each other.

Executive Vice President of Minsheng Financial Leasing Co., Ltd, stated, “After careful evaluation of leading global IT services vendors providing software in the finance and leasing space, we selected NetSol based on their impressive product strength and presence in the Chinese market. As we embark on this long-term partnership, MSFL is advancing its objective of becoming the largest finance and leasing company in China. NetSol’s Financial Suite of products stands as a critical supporting factor in reaching this goal.”

CMBC is the first national joint-stock commercial bank primarily held by non-public-owned enterprises, also a standard joint-stock financial enterprise founded strictly according to the Company Law and the Commercial Bank Law. CMBC has been seeing rapid development and realized the importance of a comprehensive leasing system which is vital for the company’s business development, risk management and internal management.

After extensive study, research and preparation, MSFL selected four renowned software technology companies to participate in bidding for the project. Several IT experts and companies were invited as part of the project supervision and consultation. Following this extensive and thorough evaluation, NetSol was selected as the vendor of choice for the project based on comprehensive evaluation analysis, feedback and level of expertise. With the deployment of the NFS Retail Solution, comprising of the CAP and CMS applications, MSFL will have stable and rapid development of its operations. These new financial IT systems will standardize MSFL leasing business processes with internal control mechanisms to manage operational risks as well as protect the efficiency and accuracy of decision making.

Commenting on the occasion, Mr. Naeem Ghauri, President and Head of Global Sales, NetSol Technologies Inc., stated, “We are delighted to sign this new agreement with MSFL which adds another prestigious name to our long-term client list. This implementation will strengthen Minsheng’s ability to better serve its customers in the rapidly growing Chinese leasing and finance market. Overall, we continue to enhance NetSol’s reputation as a leading IT solutions provider for the provisioning of complex, high performance leasing and finance offerings.”

To learn more about Minsheng Financial Leasing Co., Ltd, visit http://www.msfl.com.cn.

About NetSol Technologies, Inc.

NetSol Technologies, Inc. (NASDAQ: NTWK) (NASDAQ DUBAI: NTWK) is a worldwide provider of global business services and enterprise application solutions. Since its inception in 1995, NetSol has used its BestShoring(TM) practices and highly experienced resources in analysis, development, quality assurance, and implementation to deliver high-quality, cost-effective solutions. Specialized by industry, these product and services offerings include credit and finance portfolio management systems, hospital/healthcare information management systems (HIMS), SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Healthcare, Insurance, Energy, and Technology markets. NetSol’s commitment to quality is demonstrated by its achievement of the ISO 9001, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by fewer than 100 companies worldwide. NetSol Technologies’ clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. Headquartered in Emeryville, California, NetSol Technologies has operations and offices in Adelaide, Bangkok, Beijing, Lahore, London, and San Pedro Sula.

To learn more about NetSol Technologies, Inc., visit www.netsoltech.com

To join the NetSol Technologies, Inc. email communications list, visit: http://www.b2i.us/irpass.asp?BzID=897&to=ea&s=0

NetSol Technologies, Inc. Forward-looking Statement

This press release may contain forward looking statements relating to the development of the Company’s products and services and future operation results, including statements regarding the Company that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words “believe,” “expect,” “anticipate,” “intend,” variations of such words, and similar expressions, identify forward looking statements, but their absence does not mean that the statement is not forward looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Factors that could affect the Company’s actual results include the progress and costs of the development of products and services and the timing of the market acceptance.

Contacts:
Investor Relations
Christopher Chu
Grayling
Tel: +1-646-284-9426
Email: christopher.chu@us.grayling.com

Virgin Mobile USA Chief Executive Officer Dan Schulman will be named the head of Sprint’s prepaid business and will report directly to Sprint CEO Dan Hesse. Matt Carter will remain as head of Boost Mobile, but will report to Schulman which means that Virgin will be slightly above Boost on Sprint’s new depth chart. The deal is expected to close in the 4th quarter of this year or in early 2010.

Read More at Sprint

Under the agreement, Yahoo! use Microsoft’s new Bing search engine on its own sites, while Yahoo! will act as the exclusive global sales force for the companies’ premium search advertisers.

Yahoo! will get to keep 88 per cent of the revenue from all search ad sales on its site for the first five years of the deal, and have the right to sell ads on some Microsoft sites.

Yahoo! estimated the deal will boost its annual operating profit by $500 million and save it about $275 million on spending since it will not have to invest in its own search technology.

The deal has been announced more than a year after Yahoo! rejected a $47.5 million (£29 million) takeover bid from Microsoft and Yahoo!’s attempt to strike a search advertising deal with Google fell apart under regulatory scrutiny.

Microsoft is counting on Yahoo!’s search engine, which ranks as the second largest in the world with a global market share of 8 per cent, to pose a more formidable challenge to Google, which holds 67 per cent of the global audience, according to the most recent data from the research company comScore. In the US, Google’s share is 65 per cent, compared with 20 per cent for Yahoo!.

Despite spending billions to upgrade its search engine, Microsoft still held just a 3 per cent share worldwide and 8 per cent in the US in the comScore rankings.

There is a chance a deal combining the powers of the second and third-ranked search engine companies would be blocked by antitrust regulators.

Shareholders of both Microsoft and Yahoo! have been urging the two to strike a deal for some time.

Source

Oracle Certified Advantage Partner IBM Global Business Services completed the implementation that provides automated HR management , payroll and financial processing capabilities. All of this will enable UBL to increase business efficiency and operating performance through an enhancement and streamlining of their business processes. For example, The deployment of Oracle Applications has helped the bank save over 10,000 man-hours by reducing paper work and the level of human intervention that is otherwise required to create and post accounting entries.

In addition, via the implementation of the Oracle Fixed Asset Management system, the bank can easily view consolidated information of its total assets and maintain centralized records from disparate systems operating across 66 regions. The solution is being utilized by 1040 branches and maintains approximately 250,000 asset records.

“Oracle Applications have helped us improve the efficiency of our existing processes, and enabled us to improve our service levels to the business in order for them to meet their organizational objectives,.” said Mr. Kumail Dehradunwala, Chief Information Office, United Bank Limited.

“We are happy to have had the opportunity to support United Bank Limited’s objective to save costs,” said Samina Rizwan, Oracle’s Regional Director for South Asia Growth Economies-West. “Oracle has been successfully serving financial institutions for over three decades and we are glad that our solutions are helping local banks build their businesses in Pakistan by enhancing business efficiencies while reducing costs.”

“GBS is the leading implementation consultant for Enterprise Applications in the financial sector. The success at UBL is attributed to IBM’s delivery excellence, dedication to our clients success and developing synergies between our consultants and the UBL team,“ Armughan Rafiq, IBM GBS Manager South.