The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.
Facebook shares began trading late Friday morning and opened 11 percent above the $38 offering [...]
Historic Facebook debut falls flat
The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.
Facebook shares began trading late Friday morning and opened 11 percent above the $38 offering [...]
ADP approved Tk 55,000cr
The National Economic Council (NEC) on Saturday approved a Tk 55,000 crore annual development programme (ADP) in the national budget for the upcoming fiscal year.
Of the amount, Tk 31,450 crore will come from the government’s own resources and the rest from external resources.
The power sector will get the highest allocation – Tk 7,911 [...]
First Bangladeshi woman reach Everest
Nishat Mazumder has climbed to the fearsome and unforgiving peak of Mount Everest, the world’s tallest mountain at more than five miles high, as the first Bangladeshi woman.
She ascended to Everest’s 8,850-meter-high (29,035-foot-high) summit from the northern side of the mountain in Nepal on Saturday morning with M A Mohit, the s [...]
270,000 yaba tablets seized, 4 held
Members of Rapid Action Battalion (Rab) seized 270,000 yaba tablets and arrested a yaba smuggler along with his three accomplices at Asadganj in Chittagong on Friday morning.
The arrestees are Abdur Rashid Kulu, 50, Sabbir Ahmed, 30, of Teknaf upzaila, and Ataul Karim, 28, and Mohammad Ismail, 27, of Shahpari Dwip (Island) in Cox’s Bazar dist [...]
30 opposition leaders shifted to Kash...
The jail authorities on Friday shifted 30 out of 37 18-party alliance leaders, including BNP acting secretary general Mirza Fakhrul Islam Alamgir, accused in hartal violence, from Dhaka Central Jail to Kashimpur Central Jail in Gazipur.
Masud Hasan, a deputy jailer at Dhaka Central Jail, told The Daily Star that the 30 leaders were transferre [...]
PDB hiding real data on power scenari...
Bangladesh Power Development Board (BPDB) is hiding accentual demand and load shedding scenario despite huge criticism from the high ups of the government.For this hasty attitude of the state-run power generating authority, the government has been facing widespread criticism.
File Photo
Expressing dissatisfaction over PDB’s role, Financ [...]
‘DB men’ hit main gate at...
Some mysterious people posing as members of detective branch of police tried to enter missing BNP leader M Elias Ali’s Banani residence in the capital early Friday.
The unidentified ‘DB men’ could not enter the house as Tahsina Rushdir Luna, the wife of M Elias Ali, rejected their requests to open the gate for searching the house.
File Photo
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Bangladeshi cattle trader killed by B...
A Bangladeshi cattle trader was killed early Friday after Indian Border Security Force (BSF) hurled cocktail and fired a shot at him at Daudpur border in Birampur upazila of Dinajpur.
The deceased was identified as Saidur Rahman Chiku, 50, of village Poli Mahmudpur of the upazila, reports our correspondent in Dinajpur.
The incident took place [...]
Awami League restored country’s digni...
Prime Minister Sheikh Hasina on Thursday said that her party restored the dignity and image of the country that it had lost after the assassination of father of the nation Bangabandhu Sheikh Mujibur Rahman with most of its family members.
“The people of Bangladesh had achieved dignity through independence, but lost it after the assassination [...]
Opposition can’t pull down govt throu...
The opposition is “trying to create issues to stage violence on the street, but such programs are not acceptable to the people,” he said while talking to the reporters at his ministry.
In reply to a question, Tuku said the government has no instruction for the police to obstruct the opposition’s processions, but the opposition is damaging and [...]
