Friday, 4 July 2014

Automobile portal: Carmudi looking to penetrate online trading

The company has raised $10 million from their investors a couple of months back only to penetrate more aggressively in Asian markets. PHOTO: FILE
LAHORE: With the expansion of e-commerce in Pakistan, traditional ways of trading are changing too, and among others, automobile sector is one of them.
Carmudi, a venture of Rocket internet, the world’s largest incubator, is also benefitting from the growing e-commerce market of Pakistan. The company is operational in the country since January 2014 and is claiming a 200% month on month growth. It caters to all segments but is especially popular in the population segment under the age of 30.
“We target Pakistan with a clear vision to win this market; there is no point to be number two for us,” Carmudi global Managing Director Stefan Haubold told The Express Tribune. “Pakistani market has a potential to grow, especially after the spectrum auction for 3G and 4G has been successfully completed. This auction will not only benefit our portal but the business environment of the country in general. Modern way of doing business should have some requirements and for Pakistan, access to 4G spectrum is the first requirement.”
The company has raised $10 million from their investors a couple of months back only to penetrate more aggressively in Asian markets. The management is anxiously waiting for people to get access to 3G or 4G technology in Pakistan, after which they see a dramatic change for online business and intend to capture this opportunity. The company is ready to pump in the money required for the portal to access the top position.
Though the venture has some common Standard Operating Procedures which they implement in all countries but the portal adapts to the market. “There are many different things in different economies which need to be understood first. For instance, some markets are more inclined towards reconditioned cars than new ones and some are opposite. We understand the flexibility of the market and our local officials deal with the market sentiments accordingly,” he said.
Talking about the competition of automotive portals in Pakistan, Haubold said that they are in this market for six months only. Their competitors had an edge for being the first automotive portal in Pakistan. “We have a lot of ground to cover and still very long way to go. We have some issues but will fix them over the time.”
Carmudi is operational in 20 countries but for the management the Asian region (excluding India) is their biggest market because they make biggest impact in such markets. “The population of around 1 billion is the major reason; the younger population with an urge to adopt modern trends is another reason for us to spend aggressively in Asian markets,” said Haubold.

Amir Khan Arrested: Latest Details and Updates


Amir Khan Arrested: Latest Details and Updates

British boxing star Amir Khan was reportedly arrested after an incident where he allegedly injured two men following a confrontation in Heaton.
Miranda Newey of the Bolton News reports that neither of the victims were seriously hurt, with injuries to a cheek and a leg, according to police. They were apparently acquaintances of the boxer, although a direction connection was not established.
The report included comments from a witness:
Amir was saying don't you know who I am, I am AK.
We have always looked up to him as a role model with him being a Muslim and successful.
It is going to cause tension in the community. He is a world champion, an adult, the people involved are aged 19.
Sky Sports News provided an update on the situation:

No further details about the nature of the incident or the charges was provided.
Khan last fought in early May when he defeated Luis Collazo by unanimous decision to become the WBC Silver and WBA International Welterweight champion. It marked with third straight victory to bring his career record to 29-3.
He's been mentioned as a potential opponent for undefeated and current pound-for-pound king Floyd Mayweather Jr. It's too early to tell whether this situation will have any impact on the possibility of him landing that bout later this year or in 2015.
Once further details are released it should paint a clearer picture about how it will affect Khan moving forward. That said, putting himself in a position where this type of negative attention would result is a mistake to begin with, even if it only ends up being minor.
The Bolton News report notes Khan was previously arrested in 2006 after an accident that resulted in an injury to a pedestrian. He was fined and banned from driving for six months as a result.
More information about the current incident will be provided as it becomes available.

20 Signs You're Just Not Meant For A 9 To 5 Desk Job

Not all of us are same. While a financially secure job is all most men look for, there are a few of us who are just not made for the ‘office’ picture. There is so much more we want from life than just coffee breaks, appraisals and privileged leaves. And there is no way we’re settling in for anything less satisfying. If you think you’re one of us, this one goes out to you! Here are 20 signs you’re just not meant for a 9-5 desk job.
1. You want to be able to decide when to begin your day. You want to work when you want to, the way you want to. There goes the concept of 9-5 in the bin.
Signs You Are Just Not Meant For A 9-5 Desk Job
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2. Formals? No way. You want to live in your denims - that’s who you are. Following dress codes is a ridiculous concept anyway that you just refuse to follow. 
Signs You Are Just Not Meant For A 9-5 Desk Job
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3. More than that, you’re just too restless to be seated at one place for 8 hours. It’s almost like being chained.
Signs You Are Just Not Meant For A 9-5 Desk Job
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4. You see no point sitting inside a glass box knowing there is a whole world out there. 
Signs You Are Just Not Meant For A 9-5 Desk Job
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5. Your mind just doesn’t work around those boring computer screens and a phone that reminds you of hospitals every time it rings. You want something like a whole wall to express yourself! 
Signs You Are Just Not Meant For A 9-5 Desk Job
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6. Nothing puts you off more than seeing people hate every minute of their day at work. You’d rather be around inspiring people who love what they do, because your work is your passion, not a ‘job’.
Signs You Are Just Not Meant For A 9-5 Desk Job
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7. You can’t wait to scoot out of the office the moment the clock strikes 6 and do what you love, the rest of the day.
Signs You Are Just Not Meant For A 9-5 Desk Job
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8. You hate how all offices run solely on hierarchy. You feel being pulled down by it more than being pushed forward.
Signs You Are Just Not Meant For A 9-5 Desk Job
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9. No matter how much you try, your mind just drifts away every time you begin working. You can’t be contained. You have to be set free to bring out the best in you. 
Signs You Are Just Not Meant For A 9-5 Desk Job
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10. You’re probably too outgoing and ‘alive’ to fit in to the straight faced, lifeless people at work. Oh no, no, you don’t give two hoots about maintaining the ‘decorum’, whatever that is.
Signs You Are Just Not Meant For A 9-5 Desk Job
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11. You want to create something of your own, not spend your whole life living an insignificant life, working for someone who probably doesn’t even know you exist.
Signs You Are Just Not Meant For A 9-5 Desk Job
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12. You’re a perfectionist. You need your own space to do things, at your own pace – like waiting for the sun to set for that perfect picture. You don’t believe in doing things just for the sake of it. 
Signs You Are Just Not Meant For A 9-5 Desk Job
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13. Life is too short to waste in rat races. You refuse to be a part of the herd.
Signs You Are Just Not Meant For A 9-5 Desk Job
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14. You hate Mondays, in fact you loathe ‘em. You desperately need to be in a place where you look forward to Mondays.
Signs You Are Just Not Meant For A 9-5 Desk Job
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15. Travelling is not just your passion; it is your way of life. From the depths of the seas to the thin air at the top of mountains – there’s so much to see in just one life! There is no way you’re giving up what you love the most for a desk job.
Signs You Are Just Not Meant For A 9-5 Desk Job
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16. You don’t believe in rules. No, not like a rebel-without-a-cause. You just want to figure it out on your own instead of going by what people tell you. You’re here to make your own way.
Signs You Are Just Not Meant For A 9-5 Desk Job
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17. You don’t have ‘aims’ in life. Only dreams. And you want to live them all. You owe it to yourself.
Signs You Are Just Not Meant For A 9-5 Desk Job
© Shutterstock
18. You measure success by happiness and contentment, not by paycheques. 
Signs You Are Just Not Meant For A 9-5 Desk Job
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19. You want to earn by living, not live by earning.
Signs You Are Just Not Meant For A 9-5 Desk Job
© Thinkstock
20. You cannot even begin to list down the things you want to do in life. What you want to be is beyond professions and careers. It’s a feeling. You want to live. That’s your calling. 
Signs You Are Just Not Meant For A 9-5 Desk Job
© Thinkstock
Photo: © UTVMotionPictures (Main Image)

Prime minister to invoke Article 245 to deploy army in all major cities







ISLAMABAD: 

Prime Minister Nawaz Sharif has ordered the deployment of the army 
in all major cities of Pakistan under Article 245 , Express News reported.
The army will be called in to assist civil institutions.
According to Express News Islamabad Bureau chief Amir Ilyas Rana, the decision was taken during a high-level meeting in Islamabad on Friday, which was disclosed to him by a federal minister.
Article 245 states “650[(1)] 650 The Armed Forces shall, under the directions of the Federal Government, defend Pakistan against external aggression or threat of war, and, subject to law, act in aid of civil power when called upon to do so.
651[(2) The validity of any direction issued by the Federal Government under clause (1) shall not be called in question in any court.
(3)  A High Court shall not exercise any jurisdiction under Article 199 in relation to any area in which the Armed Forces of Pakistan are, for the time being, acting in aid of civil power in pursuance of Article 245:
Provided that this clause shall not be deemed to affect the jurisdiction of the High Court in respect of any proceeding pending immediately before the day on which the Armed Forces start acting in aid of civil power.
(4) Any proceeding in relation to an area referred to in clause (3) instituted on or after the day the Armed Forces start acting in aid of civil power and pending in any High Court shall remain suspended for the period during which the Armed Forces are so acting.”

Indo-Pak cooperation: Expert for easing visa regime, opening more transit routes


Indian researcher delivers lecture at SDPI, claims Modi government wants better ties. PHOTO: FILE
The newly-formed government of Prime Minister Narendra Modi is keen in improving relations with all members of the South Asian Association of Regional Cooperation (Saarc).
This was stated by Tridivesh Singh Maini, an India-based policy analyst and researcher who delivered a lecture at the Sustainable Development Policy Institute on the evolving political economy of India-Pakistan relations on Thursday.
Maini revealed that political will for improving bilateral ties exists in India but some bureaucratic hurdles still remain which are bound lessen if the two countries pursue a path of building mutual trust.
He termed improvement in the visa regime, opening up more transit routes and facilitating the reunion of divided families as important things in this aspect.
He laid emphasis on the need for greater land connectivity between the two countries, saying logistical issues and poor communication linkages act as barriers which restrict trade opportunities. Talking about a greater need for liberalisation in the neighbours’ relationship, Maini said, “Before we run we must first learn to walk.”
A large part of the credit for the improved economic relations goes to the chambers of commerce on both sides which have forged strong linkages and improved people to people contact, he added.
He said while there have been significant leaps in the last decade, with trade and commerce via the Wagha-Attari border witnessing a significant increase, there is a dire need to open more land crossings. With the current Indian government’s emphasis on economic development and greater integration within the region, it is likely that bilateral trade will increase.
Ending his speech, Maini said over the past decade and a half, there has been continuity in India’s policy of sustained engagement with Pakistan and successive regimes in New Delhi have shown imagination in dealing with Pakistan, especially in the economic realm.
He admitted that there have been setbacks in the process but stressed that economic ties have carried on and hoped that this would continue and improve.

Saudi troops amass on Iraq border


Saudi King Abdullah bin Abdulaziz Al Saud. PHOTO: AFP
RIYADH: Saudi Arabia deployed 30,000 soldiers to its border with Iraq after Iraqi soldiers abandoned the area, Saudi-owned al Arabiya television said on Thursday, but Baghdad denied this and said the frontier remained under its full control.
King Abdullah has ordered all necessary measures to protect the kingdom against potential “terrorist threats”, state news agency SPA reported on Thursday.
The Dubai-based al Arabiya said that Saudi troops fanned into the border region after Iraqi forces withdrew from positions, leaving the frontiers unprotected.
The Iraqi prime minister’s military spokesman denied the forces had withdrawn. “This is false news aimed at affecting the morale of our people,” Lieutenant General Qassim Atta told reporters in Baghdad.
He said the frontier, which runs through largely empty desert, was ‘fully in the grip’ of Iraqi border troops. 

Kurds seek independence vote amid Iraq 'chaos'

Iraqi Kurdish president Massud Barzani told the autonomous region's parliament it should make preparations to begin to organise a referendum on the right of self-determination. PHOTO: AFP
BAGHDAD: Iraq’s Kurds set the ball rolling for a referendum on their long-held dream of independence, ignoring calls for the nation to unite against rampant militants or face “Syria-like chaos”.
Prime Minister Nuri al Maliki, meanwhile, broadened an amnesty offer aimed at undercutting support for militants who last month conquered Iraq’s second city and large swathes of land which the US top general warned government forces would need help to retake.
Iraqi Kurdish president Massud Barzani told the autonomous region’s parliament it should make “preparations to begin to organise a referendum on the right of self-determination”.
“It will strengthen our position and will be a powerful weapon in our hands,” he said.
The prospect of an independent state is made more attractive by what the Kurds say is Baghdad’s unwillingness to resolve the issue of disputed territory and late and insufficient budget payments to the region.
Barzani said Kurdish forces would not pull out from northern territory they occupied after federal forces withdrew at the beginning of the mlitant offensive, giving them control of areas they want to absorb over Baghdad’s strong objections.
Maliki on Wednesday said “no one has the right to exploit the events that took place to impose a fait accompli” and that the Kurds’ steps towards self-determination were unconstitutional.
On the ground, Iraqi forces were struggling to break the stalemate.
Security forces entered Awja, executed dictator Saddam Hussain’s birthplace, after fierce clashes but the government had yet to reclaim the nearby city of Tikrit despite a more than week-long offensive.
The top provincial official has said soldiers were advancing slowly because of booby traps and bombs planted along roads.
West of the northern city of Kirkuk, a roadside bomb killed one Kurdish peshmerga fighter Thursday and wounded four others.
The cost of the conflict has been high for Iraq’s forces. Nearly 900 security personnel were among 2,400 people killed in June, the highest figure in years, according to the United Nations.
Meanwhile, Washington has contacted Iraqi players and widened efforts to convince key regional leaders to help resolve Iraq’s political chaos.
President Barack Obama called Saudi Arabia’s King Abdullah and Vice President Joe Biden spoke to former parliament speaker Osama al Nujaifi, a prominent Sunni.
The White House gave the Kurdish leader’s idea for an independence referendum a cool reception.
“The fact is that we continue to believe that Iraq is stronger if it is united,” said White House spokesperson Josh Earnest.
“That is why the United States continues to support an Iraq that is democratic, pluralistic and unified, and we are going to continue to urge all parties in Iraq to continue working together toward that objective.”
Biden later met Barzani’s chief of staff Fuad Hussein at the White House, and told the Kurdish delegation of the “importance of forming a new government in Iraq that will pull together all communities” to combat the Islamic State (IS) a White House statement said.
He also spoke about Iraq’s plight in a telephone call with Turkish Prime Minister Recep Tayyip Erdogan.
US Secretary of State John Kerry phoned Barzani, stressing the important role the Kurds could play in a new unity government in Baghdad. That is seen as vital to meeting the challenge of Islamic State militants leading the militant offensive.
The top UN envoy in Iraq, Nickolay Mladenov, told AFP the country faced a crisis akin to the devastating Syria conflict if politicians allowed a total institutional collapse.
“If Iraq does not follow its constitutional political process, what is the alternative? It risks descending into a Syria-like chaos. And that is what people really need to understand, very very quickly,” he said.
Mladenov said a lot of damage had been done during the militant offensive that took second city Mosul before the IS declared a pan-Islamic state on a vast territory straddling Iraq and Syria.
“Iraq will never be the same as before Mosul,” he said.
Speaking to reporters in Washington, General Martin Dempsey – chairman of the US Joint Chiefs of Staff and an Iraq veteran – argued government forces would need help.
“If you are asking me will the Iraqis, at some point, be able to go back on the offensive to recapture the part of Iraq that they’ve lost… probably not by themselves,” he said.
But he added this did not necessarily mean the United States would have to take military action.
“I’m not suggesting that that’s the direction this is headed,” Dempsey said.
On Tuesday, Iraq’s Council of Representatives met for the first time since its election in April, but MPs failed to elect a speaker, with some trading threats and others walking out.
The legislature is due to reconvene on Tuesday. Once they agree on a speaker, they then have to select a president and a government.
Maliki’s Wednesday amnesty offer appeared aimed at splitting the broad alliance of militants, Saddam loyalists and anti-government tribes waging the offensive.
He made the offer to “all tribes and all people who were involved in actions against the state” but who now “return to their senses”, but excluded those involved in killings.
He later added former officers from Saddam’s armed forces to the amnesty offer.