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Gul Ahmed Textile Mills announced upgrading its IP Telephony (IPT) voice and security infrastructure besides unifying communications system to raise service standards, improve employee collaboration and enhance operational efficiencies. According to a press release Thursday, Gul Ahmed improves collaboration with Cisco Unified Communications System and it deploys 1,900 Cisco Unified IP Devices. The network is imperative to the functioning of Gul Ahmed, seamlessly connecting toll-free extension dialing between employees across all units, including a single operator to guide all incoming and outgoing call traffic, to and from all units. Deputy Manager IT Infrastructure and Converged Communications Rashid Ghazanfar said it was decided that the upgradation would be done in two phases. Call Manager, 7825 servers will be replaced with the more powerful 7835s, Voice Gateways, 2620s will be replaced by 2821s, and Cisco PIX 500 Firewalls by ASA 5520s in the first phase. The next phase will envis...

By Tanveer Ahmed KARACHI: Contrary to the claims of billions of rupees pledged shares' misuse by brokerage houses, a meagre amount of just Rs 103 million of the small investors is withheld with them, Chairperson National Standing Committee on Finance, Fauzia Wahab said on Wednesday. This is in sharp contrast to National Standing Committee on Finance's directives to Securities and Exchange Commission of Pakistan (SECP) to probe alleged misuse of Rs 100 billion of investors' security deposits with the brokers. Interestingly, Fauzia Wahab also chaired the said meeting last month. She stated this while taking to newsmen during a visit to Karachi Stock Exchange (KSE). When she was asked insistently about the progress in the said case, Fauzia categorically denied about the Rs 100 billion scam. "This amount is only Rs 103 million," she informed. A total of 213 complaints are received in this regard, she replied when her attention was drawn to proceeding of Finance commit...