Scottish referendum: Scotland votes 'No' to independence

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With the results in from all 32 council areas, the "No" side won with 2,001,926 votes over 1,617,989 for "Yes".

Scotland's First Minister Alex Salmond called for unity and urged the unionist parties to deliver on more powers.

Prime Minister David Cameron said he was delighted the UK would remain together and that commitments on extra powers would be honoured "in full".

Mr Cameron said the three main unionist parties at Westminster would now follow through with their pledge of more powers for the Scottish Parliament.

He announced that Lord Smith of Kelvin, who led Glasgow's staging of the Commonwealth Games, would oversee the process to take forward the commitments, with new powers over tax, spending and welfare to be agreed by November, and draft legislation published by January.

Scottish referendum results in detail

The prime minister also acknowledged that the people of England, Wales and Northern Ireland must have a bigger say over their affairs.

And he promised a solution to the West Lothian question - the fact that Scottish MPs can vote on English issues at Westminster, and not the other way round.

In other developments:

• US President Barack Obama welcomed Scots' decision to stay in the UK. "Through debate, discussion, and passionate yet peaceful deliberations, they reminded the world of Scotland's enormous contributions to the UK and the world," he said.
• Police Scotland said Thursday's vote "passed off smoothly" with just six arrests across the country mainly for alleged breaches of the peace and assaults.
• Share prices rose as Scotland voted against independence.
• Polling officials said they were investigating 10 cases of suspected electoral fraud at polling stations in Glasgow.
• Royal Bank of Scotland said it would keep its headquarters in Scotland following the "No" vote.
• Wales's First Minister Carwyn Jones has called for more funding for his country after Scotland voted to stay in the Union.
• Northern Ireland First Minister Peter Robinson said a vote on the future of Northern Ireland's border was not necessary following Scotland's 'No' vote.
• Scotland rejected independence by 55% to 45%. For latest results and full coverage, go to bbc.co.uk/scotland-decides.

The result became a mathematical certainty at 06:08, as the returning officer in Fife announced a comfortable No vote.

Shortly afterwards, Mr Salmond said he accepted the defeat and called for national unity.

He told supporters: "The unionist parties made vows late in the campaign to devolve more powers to Scotland.

"Scotland will expect these to be honoured in rapid course - as a reminder, we have been promised a second reading of a Scotland Bill by March 27 next year.

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Out of media player. Press enter to return or tab to continueThe moment the No side won an unassailable lead over the Yes camp

And the first minister said: "Whatever else we can say about this referendum campaign, we have touched sections of the community who have never before been touched by politics, these sections of the community have touched us and touched the political process."

In a rallying call to his supporters, Mr Salmond urged the Yes voters to reflect on how far they had come."I don't think any of us, whenever we entered politics, would have thought such a thing to be either credible or possible," he said.

He also claimed the campaign had put "a scare and a fear of enormous proportions" at the heart of the Westminster establishment.

"Today of all days as we bring Scotland together, let us not dwell on the distance we have fallen short, let us dwell on the distance we have travelled and have confidence the movement is abroad in Scotland that will take this nation forward," he added.

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Android One Coming to Pakistan by the Year’s End with $100 Smartphones

Google announced its ambitious Android One project to bring the smartphones to the hands of the maximum number of people around the world back in June at I/O 2014. Google’s SVP for Android Sundar Pichai was confident enough to remark that Android’s achievement of gaining a user-base of 1 billion customers has paved the way for next 5 billion in the years to come, and Google has envisioned to get there by offering affordable, entry-level Android smartphones in developing South Asian countries, beginning with India.

Android One was officially kick-started this Monday at an event in India where the founding partners of the program, Micromax, Karbonn, and Spice introduced to the world their $100 offerings: the Canvas A1, Sparkle V, and Dream Uno, respectively. The devices bear close resemblance as they have been developed following Google’s development guidelines, and offer a near-identical spec-sheet that runs like thus:

• 4.5-inch IPS FWVGA display
• 1.3 GHz quad-core MediaTek processor
• 1 GB of RAM
• 4 GB of in-built memory with microSD expansion slot
• 2 MP front, and 5 MP rear-facing camera with LED flash
• 1,700 mAh battery capacity
• Wi-Fi, Bluetooth, GPS, GPRS, EDGE and 3G connectivity

Other South Asian countries where the Android One will be expanding by the year’s end, as announced by Google, are Pakistan, Bangladesh, Philippines, Nepal, and Sri Lanka. Although the details are scarce at this point, it has been announced that Google will be expanding with bringing more manufacturing partners into the fold. These partners include Asus, Lenovo, Acer, Alcatel, HTC and Panasonic alongside the chip-maker Qualcomm. This means we’ll soon be seeing a lot more options, not only in the terms of device manufacturers but the internal components such as processors as well.

Which firms will partner with Google to release Android One brand in Pakistan remains to be ascertained yet. Lenovo recently started selling their smartphones officially in Pakistan, hence they are a strong candidate. QMobile is another contender but some might argue its position because of their business strategy and approach to the market (QMobile is not exactly a manufacturer, but only a distributor).

The prospect of releasing a $100 smartphone doesn’t look too far-fetched now that we have seen sub-10,000 offerings from QMobile and Ufone locally. Not only the experience that the devices built in close partnership with Google itself will most likely be superior, at the same time, these devices will introduce a number of new customers to the smartphone category generally and the Android platform specifically. The advantages of this strategy will be two-fold: a whole new crop of customers will reap the benefits of 3G and smart telephony in general, and Google will benefit in the long-run by creating a loyal user-base when they are ready to upgrade to more expensive options.

Dukhtar, Mary Kom emerge as harbingers of change for women

According to Priyanka Chopra, Mary Kom resonates in part because of recent high-profile cases of sexual violence in India. PHOTO: FILE

TORONTO: 

A trio of films stepped beyond song-and-dance to show South Asian women grappling with male-dominated sport, child marriage and sexual desire of people with disability in their premieres at the Toronto International Film Festival. Upcoming Pakistani film Dukhtar and Priyanka Chopra’s Mary Kom are among the films breaking barriers with their women-centric themes.

While the stories tell vastly different tales, all seek to challenge their home audiences and provoke change. First-time feature film director, Afia Nathaniel struggled to find local financing for Dukhtar (Daughter), a film that revolves around a mother (Samiya Mumtaz) and her 10-year-old daughter (Saleha Arif) who flee their home on the eve of the child’s marriage to a tribal leader. Following which, a deadly hunt for them begins.

After years in the funding wilderness, Norway’s Sorfund came on board, helping the film garner additional backers. “Our local film industry is in shambles and financiers want to see masala films with women wearing almost nothing dancing and gyrating on the screen,” said Nathaniel.

Filming in a remote part of the disputed Kashmiri region had to be halted at one point under threat of a fatwa issued by a local religious authority. In Mary Kom, former Miss World Priyanka Chopra plays the real-life title role of a five-time world champion boxer, taking on bullying boys and corrupt officials, while also juggling marriage and motherhood.

Chopra did not use a stunt double for the fight scenes and took on a punishing training regime to give her petite frame an athletic form. She said the film resonates in part because of recent high-profile cases of sexual violence that caught world attention.

“It’s a time where the country is coming together to say ‘We protect our women and we give them rights’ and the women are coming together and saying ‘We’re tough, we’re strong, we’re not going to take this sitting down’,” she said in an interview. The biopic was bankrolled in part by Sanjay Leela Bhansali and has faced criticism in India for overly dramatising the life of a national icon.

For director Shonali Bose, an outburst from her cousin and the death of her teenage son inspired Margarita, With A Straw, a story about a young woman with cerebral palsy who explores her budding sexuality. What Bose expects will shock Indian viewers the film will have a wide domestic release but must first make it past censors.

The character in the film is disabled, which adds another layer to it, said actor Kalki Koechlin. “It’s pushing borders, not just about disability but about the way we think in terms of community and caste in India and how we conveniently place people in different boxes.”

Fashion: You can win them all

KARACHI: 

Bridal couturier Faraz Manan began his career with his mother Memoona Manan 11 years ago. Bridal couture may be where he started from but for the past three years, the designer has been recognised for his lawn collections, which have bagged him a Lux Style Awards (LSA) nomination in the lawn designing category this year.

“It feels great. Although a nomination is good enough for me, I wouldn’t mind winning the award,” Manan tells The Express Tribune. He says that lawn is a special fabric for him. “It’s organic and it comes from our own land. Since I was a kid, I have seen lawn as a symbol of the summer season in Pakistan.”

But despite the fact that lawn has been his claim to fame, he will always be a couturier first. “My couture collection epitomises my signature style, but so does my lawn collection,” asserts Manan. Creating designs for both couture and lawn is no easy feat, but the designer seems to be managing effortlessly. He argues that it is essential to maintain the quality of work and that catering to clients’ needs is of prime importance. “Be it lawn or couture, I ensure that my designs exude elegance. I have learnt never to compromise on that from my mother and siblings.”

Manan’s design aesthetic centralises regality. Having a mainstream Bollywood actor such as Kareena Kapoor as the face of his lawn may be perceived as symbolic of the regal exuberance that is part of his designing mantra. If this is the case, then it may clash with the mass appeal that lawn has in Pakistan. But it can also be argued that Kareena’s universal appeal is a great strategy for Manan to capitalise on.

“My collection is for the masses,” Manan clarifies. “Whether it is India or Pakistan, lawn is certainly a big thing. If an Indian visitor is in town, even if it is in winter, he would be looking out for Pakistani lawn. My couture collection is certainly regal. Lawn continues to be a favourite for both Pakistani and Indian masses.”

The significance of winning awards varies from person to person. For Manan, being presented with an award for his work is important, but getting people’s approval is critical. While for some being handed a trophy may be the be-all and end-all, Manan feels that being appreciated by people has its own charm. He believes that winning awards is encouraging, but it comes with a burden as people begin scrutinising one’s work even more.

“These awards offer recognition for your hard work. They are a pat on the back. But this acknowledgment and business complement each other. There are international actors who have never been awarded but are doing great,” he comments. Manan has his fingers crossed as far as his LSA nomination is concerned and seems positive about winning.

For now, the designer uses Facebook as a platform to communicate with his customers and showcase collections online, but he promises to have an exclusive online presence. With the emergence of e-commerce and growing competition among Pakistani designers, we hope Manan jumps on the e-tail bandwagon soon.

Amnesty urges Pakistan to stop first civilian execution in six years

In late 2008, a civilian execution had taken place. In November 2012, a soldier was executed by military authorities. Further, the report revealed that Behram Khan, a civilian, had been scheduled to be executed on July 30 – but the order was later suspended. DESIGN: MUHAMMAD SUHAIB

Shoaib Sarwar, a death row prisoner convicted on murder charges in 1998, is reportedly set to be hanged in a Rawalpindi jail on 18 September 2014 – a step the Amnesty International has said to ‘immediately scrap’, suggesting the imposition of a moratorium on the use of death penalty as a step towards its abolition instead.

Sarwar’s appeals were rejected in 2003 and 2006 by the Lahore High Court and the Supreme Court against the death penalty, thereby exhausting his appeal process.

“If carried out, it would be the first civilian execution in Pakistan since 2008 and the first execution in the country since 2012,” the Amnesty International report said.

In late 2008, a civilian execution had taken place. In November 2012, a soldier was executed by military authorities. Further, the report revealed that Behram Khan, a civilian, had been scheduled to be executed on July 30 – but the order was later suspended.

“This execution should be halted immediately,” said David Griffiths, Amnesty International’s Deputy Asia-Pacific Director.

“The suspension in executions which we have seen in recent years is one of few human rights areas in which Pakistan can point to a positive record. The country has committed itself to making progress on human rights – as a beneficiary of the EU’s GSP+ preferential trading status, for example – and the resumption of executions would be a seriously regressive step. Instead of moving to resume executions, authorities should formalise a moratorium on the death penalty as a first step towards full abolition,” said Griffiths.

Following Prime Minister Nawaz Sharif’s return to power in 2013, the incumbent government had “threatened to resume executions”. However, after being pressured by human rights groups, the government backed-down.

Pakistan has one of the highest death row populations with more than 8,000 prisoners on death row. Most of them have exhausted their appeals processes and could possibly face execution.

During trials, defendants lack adequate legal representation. Additionally, some prisoners facing the death sentence were below 18 years when the crimes had been committed. These actions go against the country’s “obligations under international law”.

“As long as the death penalty is in place, the risk of executing innocent people can never be ruled out. The systemic fair trials violations in Pakistan not only exacerbate this risk, but also put Pakistan in breach of its international obligations,” said Griffiths.

“There is no conclusive evidence that the threat of execution acts as a particular deterrent to crime. The death penalty violates the right to life, pure and simple, and has no place in any human rights-respecting society. Pakistan should join the majority of countries in the world and abolish it completely,” he added.

Army chief gave assurances of meeting PTI’s 5 demands: reveals Imran

ISLAMABAD: Chairman Pakistan Tehreek-e-Insaf (PTI) has revealed that army chief General Raheel Sharif had guaranteed the approval of five out of six demands of PTI, adding that he informed the COAS that he did not trust PM Nawaz Sharif.

Speaking to Express News anchor Rana Mubasher, the PTI chairman said that in his meeting with the army chief, he had been assured that five of his six demands will be met. The unmet demand being PM Nawaz’s resignation.

However, Imran maintained that that the army was not behind his campaign.

“We would have left by now if the army was behind us,” Imran said. “It has already been clarified that the military is out of political matters. We won’t leave even if the PM leaves for Hajj.”

Commenting on the rift with Javed Hashmi, Imran said he was disappointed over what he termed false statements by his party president. However, the PTI chief maintained that Hashmi’s loss will not affect his movement.

“Only the ones who’re ideologically committed to the party will stay with us now,” he said.

The PTI chief argued that his mission was to bring Pakistanis together and make them one nation, which was only possible once there was justice.

“If that happens, I won’t regret even if I don’t become the prime minister.”

He said a movement had begun in the country, which had awoken the masses.

“They are demanding their rights. The PIA incident is proof,” he said. “The passengers made it clear that they won’t wait for any VIP. They have started to speak on matters on which they previously remained silent.”

Regarding rigging in elections, Imran said electoral reforms would fail if those involved in poll rigging were not held accountable.

“Corruption in this country never ends because the corrupt are never punished,” he said. “Accountability is must or else rulers will buy off those involved in rigging, again.”

He said his dream of free, fair and transparent elections could not become a reality unless presiding and returning officers on duty during the 2013 general elections were held to account.

The chairman made another revelation regarding an office bearer of the Election Commission of Pakistan (ECP).

“An important office bearer of the ECP had a role in rigging of 2013 general elections,” revealed Imran. “He got a BMW and a plot in a housing scheme.”

However, he did not name the official.

In response to a question, Imran said awakening of the masses would be his biggest success, adding that he would never choose to come into power on anyone else’s shoulder.

“I will come [into power] only through power of the masses. Our struggle is against oppressors.”

The PTI chief argued that a day will come when police will not dare to demand bribe, even from a roadside vendor.

“Change has come. Three IGP’s of Islamabad refused to use force against protesters. This is the change,” he said. “This is going to spread the across the country as it is for integrity of the country.”

Klopp: I'm surprised United sold Kagawa

The German has revealed he didn't expect Louis Van Gaal to allow the Japan international to leave Old Trafford

Borussia Dortmund boss Jurgen Klopp has admitted that he was surprised that Manchester United were willing to let Shinji Kagawa leave the club.

The Japan international left BVB for Old Trafford two years ago but returned to his old club after two frustrating seasons in England and marked his second debut with a goal in Saturday's win over Freiburg.

"I was kind of surprised Kagawa was on the market again," he told reporters.

"His first year at Manchester United was Sir Alex Ferguson's last year, so that isn't the time to develop players. The only thing you want at that stage is results and titles.

"Kagawa's second year at United was the first year of the new coach, so that's also all about results. Then there was a third manager with a very successful philosophy [Louis van Gaal].

"So we saw the chance to sign Kagawa and we took it. Kagawa was sensational against Freiburg."

BVB take on Arsenal in their opening Champions League game on Tuesday and Klopp believes the addition of Alexis Sanchez will see them play more offensively than they did when the two teams met last term.

 "Arsenal have new players in their squad and the last time we played them they had players with injuries like Jack Wilshere and Aaron Ramsey," he said.

"Now they have new players like Alexis Sanchez. Olivier Giroud can't play but when you look at their squad they have a lot of alternatives.

"Arsenal played very defensively here last year. But you have to say that our Champions League is starting against a great team. Arsenal are a very hard opponent and I think they did a great job on transfers over the summer.

"Now their squad has great stability and they're actually able to play the type of football that Arsene Wenger wants to see.

Hazard close to agreeing record new Chelsea deal

The Belgian playmaker is on the verge of settling fresh terms that will extend his contract to at least 2019 and make him the highest-paid player in the club's history

EXCLUSIVE
By Wayne Veysey | UK Correspondent

Eden Hazard is close to agreeing a new contract that will make him the best-paid player in Chelsea's history, Goal understands.

Goal has learned that Hazard has been offered a deal worth just over €250,000-a-week plus performance-related bonuses.

The new deal would make him the highest paid player in the club's history, above current top earner Cesc Fabregas, whose total package is believed to be worth €250,000-a-week.

Jose Mourinho sanctioned the improved deal after having a heart-to-heart with the 23-year-old at the end of last season.

Mourinho had been concerned about Hazard's willingness to work for the benefit of the team, particularly in light of comments from the player in which he criticised the team's reliance on his own creative powers.

Goal understands that firm words were proffered from the manager but Mourinho was satisfied with Hazard's attitude and moved to ease fears the fan favourite could be tempted into a big-money transfer.

Hazard, whose current deal expires in 2017, subsequently opened contract talks with Chelsea in June after being persistently linked with a move to Paris Saint-Germain.

Speaking at the time, Hazard said: "I am staying at Chelsea 100 per cent. Of course in football you never know but I am under contract with Chelsea and want to stay there. It is only the beginning of talks right now so we have time."

The new deal for the No.10, who has started all four of Chelsea's matches this season, is expected to be tied up in the coming weeks.

Chelsea confirmed last week that Thibaut Courtois had also agreed a new five-year contract

Ronaldo is fed up at Real Madrid'

The Portuguese has been linked with a move to Manchester United next year and former president Ramon Calderon has fanned the flames of speculation

Former Real Madrid president Ramon Calderon claims Cristiano Ronaldo has become "fed up" with life at the club.

The prolific Portugal forward moved to the Spanish giants from Manchester United in 2009 and has since won a Liga title, the Champions League and the Copa del Rey twice.

Ronaldo has become the club's talisman over the past five years due to his phenomenal goalscoring record, but Calderon has launched his latest attack on the man who replaced him at the Santiago Bernabeu, Florentino Perez, by suggesting Ronaldo has become disillusioned under his reign.

Key men Xabi Alonso and Angel Di Maria both moved on in the summer and, although Madrid have recruited world-class replacements in Toni Kroos and James Rodriguez, Calderon believes the Ballon d'Or winner is unhappy with the departures.

"My impression is he is fed up with the policy of the current president," Calderon told Talksport.

"When he came to Real Madrid with Arjen Robben he thought he would be a good colleague for him in the team but then Robben was sold.

"Two years ago it was Gonzalo Higuain sold and he didn't like that. Last year he thought it was a mistake to let Mesut Ozil leave and the last straw was selling Xabi Alonso and Angel Di Maria this summer."

Rumours have been prevalent since the summer transfer window closed that Ronaldo could be tempted to join either former club United or rivals Manchester City should he opt to call time on his career at Santiago Bernabeu.

I was never going to join Manchester United - Muller

The 25-year-old had an impressive World Cup with Germany but, despite rumours linking him away from Bayern Munich, he insists he was always happy at the club

Bayern Munich forward Thomas Muller claims his rumoured transfer to Manchester United was never realistic.

The World Cup winner was linked with a move to Old Trafford in the summer and a possible reunion with former coach Louis van Gaal. But, in an interview with The Guardian, Muller explained it was always unlikely.

"I know there was interest, but Man United were interested in a lot of players this summer," he said.

"It never really got anywhere because I had just renewed my contract [until 2019], and Bayern were clear that they saw my future here. The decision for me was an easy one."

Muller was involved as Bayern beat Stuttgart 2-0 on Saturday to continue their unbeaten start to the new Bundesliga season.

United ultimately secured the signing of striker Radamel Falcao on transfer deadline day to bolster their attacking options, with the Colombian poised to make his Old Trafford debut against QPR on Sunday.

Value-added products: Poultry industry faces hurdles, but expansion plans go on

A number of foreign experts have also been hired to help treat chicken under the watchful eye of poultry nutrition, health and housing specialists. PHOTO: AFP

LAHORE: The concept of processed chicken is not new in Pakistan. Many firms are now coming up with innovative means of providing healthier poultry and its byproducts for consumers.

Though the brands supplying value-added chicken products to local and multinational retail outlets are numerous and the trend is on the rise, the pioneers of this industry are facing many obstacles because of import duties. Owing to this many have quit production and have found it more lucrative to import value-added chicken and market it under their name. However, some local players are still committed to pressing on with their operation.

“Import duties are a hurdle. Indonesia and Malaysia have zero import duty, while China has 25%. But still we would like to grow and continue as per our future expansion plans,” said K&N’s Chief Executive Officer Khalil Sattar in an interview to The Express Tribune. “For a progressive company, there is never an end, whether conditions are favourable or not.”

K&N’s was established in 1964 by Sattar when he was still studying in college. He started with an aim to provide better nutrition to people, with a broiler chicken farm and a thousand chicks, providing them the best feed.

He established the first state-of-the-art environmentally-controlled shed in 1982. Initially, people thought the idea was ridiculous, but later other industry players followed suit and started making investment.

The company has 97 outlets nationwide and its products are sold in other retail stores as well. Over the years it has added more products and business activities to its portfolio and is entirely self-sufficient; right from poultry breeding to producing ready-to-cook products. The only exceptions are a few spices that are imported to meet requirements of local clients.

A number of foreign experts have also been hired to help treat chicken under the watchful eye of poultry nutrition, health and housing specialists. Chicken is kept in large, clean and airy sheds equipped with latest heating, cooling and ventilating equipment, making K&N’s a leading player in the processed chicken segment.

In coming years, Sattar feels it might be difficult to purchase live chicken from open market as with growing health consciousness, people are making healthier choices. Increased urbanisation and higher disposable income will help further, as people will spend a chunk of their incomes on healthier food options.

“Majority of the public is still unaware of what processed chicken really is. Annual growth of the industry is merely 3% to 4%, which is not enough.”

In Pakistan, there is still a lot of room to expand, since the processed chicken industry is in its infancy and comprises only 1% of total chicken market of the country, Sattar said, adding a 1% improvement in the gross national income leads to a 2% rise in chicken demand.

The company currently is not contemplating processing other meat items like mutton and beef. Sattar believes that there is still much to be covered in processed chicken items.

Gas exploration: PPL announces second hydrocarbon find

Discovery takes place in Hala block, follows the one in Gambat South. PHOTO: STOCK IMAGE

KARACHI: 

The Pakistan Petroleum Limited (PPL) has announced a gas and condensate discovery in Hala block, located in Sindh’s Sanghar and Matiari districts. This is its second hydrocarbon find within six weeks.

The company said that it found 18.6 million standard cubic feet per day (mmcfd) of gas and 31 barrels per day (bpd) of condensate in exploratory well Adam West X-1.

“Exploration well Adam West X-1 was spud on May 21, 2014 and reached final depth of 4,057 metres on July 29, 2014,” the company said.

“At current estimates, flow potential of Adam West X-1 translates into approximately 3,200 barrels per day in oil equivalent, resulting in potential foreign exchange saving of $355,000 per day.”

Hala is a joint venture between PPL and Mari Petroleum Company Limited, with 65 and 35 percent working interest, respectively. It covers as area of about 395 square kilometres. The exploration licence for Hala was granted to PPL in March 2004. Subsequently, the first exploratory well Adam X-1 was drilled in 2007, resulting in the discovery, according to PPL’s website.

The recoverable gas reserves from the field are stated to be around 18 billion cubic feet. Hala supplies gas to Sui Southern Gas Company and condensate to National Refinery Limited.

PPL currently produces 10 mmcfd of gas and 150 bpd of condensate from another well in the same block.

It announced two other discoveries in the Gambat South block, located in Sanghar district of Sindh, last year.

In August, the company discovered 42 mmcfd of gas in the Gambat South block, its third and biggest discovery in that particular block. At the time, production from the well was expected to go up to 60 mmscfd.

“Two additional zones have been identified that will be tested later, resulting in an expected cumulative production of 60 mmscfd, translating into approximately 7,400 barrels per day in oil equivalent and foreign exchange saving of $0.75 million per day,” the company announced.

PPL has a portfolio of 47 exploration blocks and has been aggressively searching for new hydrocarbon finds since last year to compensate for the decrease in production from its established fields like Sui. It has also been trying to cut the depletion rate of its fields by installing compressor plants and drilling more wells.

The company accounts for 22% of the country’s gas production. In fiscal year 2013-14, it posted a profit of Rs51.41 billion, up 23% over the previous year. During last fiscal year, Rs10 billion were earmarked to be spent on exploration activities with focus on Gambat South.

PPL’s six producing fields include Sui, Kandhkot, Adhi, Mazrani, Chachar and Hala, while it has working interest in eight partner-operated fields. It also has working interest in offshore fields in Iraq and Yemen.

Microsoft to buy Minecraft creator Mojang for $2.5 bn

PHOTO: FILE

STOCKHOLM: The creators of the videogame Minecraft, the Swedish company Mojang, on Monday announced a takeover by the US software giant Microsoft worth $2.5 billion (1.93 billion euros).

The founders of Mojang, the main beneficiaries of the deal, also announced their departure from the company.

“Mojang is being bought by Microsoft,” the Swedish company confirmed after a week of media speculation about the takeover.

Minecraft is one of the world’s most popular videogames – often described as digital Lego, where players fight to survive in a hostile world populated by monsters while having the power to re-design the environment as they progress.

Despite far less sophisticated graphics than many successful competitors, the game has succeeded in attracting both children and more seasoned video gamers.

Since its release in 2009, over 50 million copies have been sold for a range of platforms including Microsoft Xbox, PlayStation Sony, PCs, tablets and smartphones, ensuring enormous wealth for its creators.

Microsoft is already an established player in the videogame business with its Xbox console although its latest version (Xbox One) has fared less well than PlayStation 4, released at the same time last year.

However the acquisition of Minecraft is expected to boost the company’s rating with gaming enthusiasts.

“The founders: Notch, Carl, and Jakob are leaving. We don’t know what they’re planning,” wrote the Swedish company on its website, adding that “the vast majority (if not all) Mojangstas will continue to work at Mojang for the time being.”