Farmers get major chunk in Madhya Pradesh budget

first_imgMadhya Pradesh Finance Minister Tarun Bhanot on Monday increased the budgetary allocation for farmers by 145% over the previous year to ₹22,736 crore. Presenting his maiden budget in the Vidhan Sabha here, he said, “Under the loan waiver scheme, the State government has waived loans to the tune of ₹7,000 crore of 20 lakh farmers in two months. For the remaining farmers, ₹8,000 crore will be set aside.”To resolve farmers’ issues and implement schemes successfully, Mr. Bhanot said the government has decided to set up a farmers’ advisory council, comprising farmers’ representatives. Moreover, under the Krishi Bandhu Yojana, farmers will be trained in farming techniques. Horticulture schemeTo improve the income of those involved in horticulture and food processing, the State government has decided to launch a horticulture and food processing scheme, for which ₹100 crore has been earmarked. The government has decided to cover fishermen and shepherds under the Kisan Credit Card scheme.For panchayat and rural development, ₹25, 015 crore has been set aside, which was 26 % more than the previous year’s allocation, he said Quoting scriptures to stress the importance of cows, Mr. Bhanot proposed to earmark ₹132 crore for cow welfare and three models to develop gaushalas in the State.The government has also decided to hike grant to the State Waqf Board and Haj committee as well, he saidThe social security pension for elderly, widows and disabled has been raised to ₹600 per month from ₹300. This may benefit more than 42 lakh people, he said.Stating the government has decided to reserve 70% of vacancies for locals in new private firms, Mr. Bhanot said, “Immediately after assuming office, the Chief Minister had directed that changes be made in the industrial policy to this effect.”Industrial policyAs for industrial investment, he said, the government has approved a pilot project for a land pooling scheme and formulated a new industrial promotion policy. Mr. Bhanot said a new startup and a micro, small & medium enterprises policy has also been drafted.last_img read more

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MP: BJP, Cong lock horns over Jhabua blast ahead of LS bypoll

first_imgBhopal, Sep 18 (PTI) BJP and Congress in Madhya Pradesh are trying to put each other in the dock over the massive explosion at Petlawad town in Jhabua district that claimed 89 lives, with the opposition party claiming that it will impact the forthcoming Ratlam-Jhabua Lok Sabha seat bypoll. State Congress spokesman Pankaj Chaturvedi said the BJP government has been “exposed” by the September 12 blast caused by mining explosives stockpiled in a building that ripped through a crowded area near a bus stand in Petlawad. “The Petlawad incident has exposed the BJP government totally, especially its claim of good governance. Earlier also the Congress was very strong in the tribal-dominated seat and is sure to wrest it from the BJP.” “The countdown for ending BJP rule in the state will begin from (Congress) certain victory in Ratlam-Jhabua by-poll,” he said confidently. The bypoll to Ratlam-Jhabua seat has been necessitated following the demise of sitting BJP MP Dileep Singh Bhuria. However, BJP denied that the bypoll will be affected by the incident and said the party will retain the seat. It also dismissed suggestions that the bypoll was weighing on Chief Minister Shivraj Singhs mind as he visited Petlawad twice after the blast despite being heckled on the first day. He not only enhanced the ex-gratia to Rs 5 lakh to the kin of the deceased, but also announced a slew of measures to rehabilitate the survivors. “It is not correct to say that BJP government is taking care of the victims of explosion with an eye on the Lok Sabha bypoll. MP Chief Minister Shivraj Singh visited the victims to share the pain and agony of those who lost their kin in the explosion and not to draw political mileage,” state BJP unit spokesman Deepak Vijayvargiya said. The CM also visited 17 villages and personally went to console those who have lost their family members. An eyewitness Welsingh said, “People heckled Chouhan when he reached Petlawad on September 13, but within fifteen minutes they raised slogans in his favour after he spoke to them and offered assistance.” Vijayvargiya exuded confidence that the BJP will win the byelection, whenever it is held. “As far as the byelection is concerned, firstly, it has not yet been announced, but whenever it will take place, BJP is going to win as it has a very strong active booth network in entire constituency. The explosion has its effect only in Petlawad area,” he claimed. Since 1951, Congress has won the Lok Sabha elections from Jhabua 13 times. BJP won it for the first time last year when Dileep Singh Bhuria defeated Kantilal Bhuria by a margin of over one lakh votes. After the blast, the state BJP and Congress had engaged in a war of words over Jhabua blast main accused Rajendra Kasawas political affiliation. MORE PTI MAS LAL GK RT RYSlast_img read more

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‘Chant Jai Shri Ram or we set your car on fire’: Muslim reporter left fearing for life on Bihar highway

first_imgFor Munne Bharti, June 28 was supposed to be an uneventful day. Along with his parents and wife, Bharti, a reporter and social worker, was driving down to visit a sick relative in his native village in Bihar.The drive, however, turned out to be one filled with horror and one that made Bharti fear for his and his family’s life after a large group of people he identified as Bajrang Dal activists accosted them and made Bharti chant ‘Jai Shri Ram’.That would not have happened if his wife wasn’t wearing a nikab and if his father had shaved that day, Bharti indicated in a Facebook post recounting the incident.On June 28, Bharti and his family were on their way to Rahimbad, a village in Bihar’s Samastipur district located around 75 kilometers north east of capital Patna.As the family neared their destination, they got caught in a traffic jam at Margan Chowk on National Highway 28. Bharti says he and family joined the line of trucks that had been halted by people who seemed to Bajrang Dal activists.They were sporting saffron scarves around their necks and were chanting ‘Jai Shri Ram’ slogans, Bharti recounts. “As they neared my car, I asked them what the commotion was about,” Bharti says.In response, Bharti says, a few of the alleged Bajrang Dal men looked inside his car and noticed his father, who had a beard, and his wife, who was wearing a nikab.”On seeing this, their sloganeering intensified, and before I could understand what was going on, two people shoved their heads into the car through the windows and said, ‘Chant Jai Shri Ram or we will set your car on fire’, sending me in shock,” Bharti recounts in his Facebook post.advertisementFearing for his and his family’s life, Bharti goes on to describe how he immediately did what he was asked to, and chanted ‘Jai Shri Ram’ so that he and his family could escape from the spot alive.’RESPECT RAM'”I respect all religions and respect Ram from the bottom of my heart,” Bharti says in his Facebook post. “I do not have a problem with chanting Jai Shri Ram, but the fear-filled manner in which I was made to do that [on that day] was not nice,” Bharti says.Having followed the men’s commands, Bharti and his family quickly escape from the location, taking another route to Rahimbad.After driving for a few minutes, Bharti stopped and tweeted to Bihar Chief Minister Nitish Kumar recounting his ordeal in a short sentence. He also called up Janata Dal (United)’s Neeraj Kumar and Samastipur MLA Akhtarul Islam Sahin, informing them about the episode and requesting that police be sent to the location to prevent any untoward incidents.@NitishKumar ?? ?? ? ??? ??? ? ? ?? ?? ??, ?? ? ?? ?? ? ? ? ?? ? ??? ????,? ?? Munne Bharti (@munnebharti) June 28, 2017After reaching Ramhimbad, Bharti postponed his departure for Delhi, saying in another Facebook post that a day after the incident, he was still fearful for his life. “I was too afraid to drive back on the same route,” he said.The episode left Bharti filled with fear but it did not affect his reverence for Ram.  “Even after my experience, my faith in God Ram hasn’t decreased one bit,” Bharti ended his original Facebook post.ALSO READ | 20-year-old Muslim man beaten to death for relationship with Hindu woman in Jharkhand ALSO READ | When Jai Shri Ram slogans greeted PM Narendra Modi in Lok Sabha ALSO WATCH | Bhopal: Bajrang Dal activists storm Campion School for working on Ram Navmilast_img read more

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No exposure to any Cafe Coffee Day group cos says Tata Capital

first_imgNew Delhi: Amid talk of financial stress driving founder V G Siddhartha to allegedly end his life, the coffee tycoon had repaid all the loans taken from Tata Capital Financial Services (TCFS) and has no outstanding dues to the entity. According to TCFS, it had a maximum exposure of Rs 165 crore to Caf Coffee Day (CCD) group in FY2017-18, and that the entire amount had been repaid by March 2019. “The maximum exposure of TCFS to the CCD group during 2017-18 was Rs 165 crore. In March 2019, TCFS’ exposure has completely been repaid,” said a company statement emailed to PTI. Also Read – Thermal coal import may surpass 200 MT this fiscal Currently, TCFS – a subsidiary of Tata Capital Ltd – has no exposure to Coffee Day Enterprises Ltd (CDEL) or any of the companies within the Caf Coffee Day group, it added. CDEL promoter and coffee tycoon V G Siddhartha is said to have been under severe financial stress before his death, with his flagship cafe chain’s liabilities doubling to over Rs 5,200 crore by the end of March 2019. His unlisted ventures for realty and hospitality had also availed loans from various entities, as per regulatory filings with the corporate affairs ministry. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boost Siddhartha, whose body was recovered from a river near Mangalore on Wednesday after going missing on Monday, had struggled with mounting financial burden and a letter purportedly written by him had hinted at his war with “serious liquidity crunch” and “tremendous pressure” from lenders and an unnamed private equity investor. Filings with the corporate affairs ministry showed him trying to raise funds by pledging shares of his listed and four unlisted firms to pay off personal and company loans. Siddhartha and promoter group entities had pledged over 75 per cent of their shares in the BSE-listed CDEL as on March 31, 2019. Siddhartha had several entities that borrowed money from a gamut of organisations, including banks and financial institutions, for his non-coffee businesses. A letter, purportedly written by him, had cited pressure from banks, investors and tax authorities. “I would like to say I gave it my all. I am sorry to let down all the people that put their trust in me. I fought for a long time but today, I gave up as I could not take any more pressure from one of the private equity partners forcing me to buy back shares, a transaction I had partially completed six months ago by borrowing a large sum of money from a friend,” Siddhartha purportedly wrote in the letter. Coffee Day Enterprises Ltd (CDEL) had a total current liability of Rs 5,251 crore as on March 31, 2019, up from Rs 2,457.3 crore a year back, according to regulatory filings. CDEL’s promoter companies — Devadarshini Info Technologies, Coffee Day Consolidations, Gonibedu Coffee Estates, and Sivan Securities — had also borrowed heavily from time to time. While the exact quantum of the borrowings by the unlisted companies of Siddhartha could not be immediately ascertained, the total as indicated by the filings would be in addition to the amount CDEL owed to lenders. Siddhartha’s borrowings appear to have intensified after 2017 though there is no indication of just how many of them remain unpaid after their due date or have turned non-performing assets.last_img read more

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Man who pledged 7M to hockey team charged with fraud over cheques

first_imgVANCOUVER – A man who promised $7.5 million to a junior hockey team in British Columbia has been charged with forgery and fraud after a restaurant owner complained to police about an unpaid bill.Cranbrook RCMP say they began investigating Michael Lawrence Gould of Wasa, B.C., in early November after a local business owner contacted them. The owner said she’d catered a banquet for 50 people and she was paid with cheques.“When the business owner attempted to cash the cheques, she was advised that there were insufficient funds,” Const. Kathy Forgeron said in a statement on Tuesday.Forgeron said Crown counsel has approved charges of forgery and fraud against Gould, who is scheduled to appear in court on Monday.Asked for his response to the allegations, Gould said he did not plan to appear on the charges.“I’m not going to court,” he said.“I got no reaction. I don’t have to be there. There you go. Goodbye,” he said, before hanging up.In some cases, a lawyer can appear on behalf of an accused at a first appearance. Gould did not say whether he had obtained counsel.Gould, 38, promised millions to the Kimberley Dynamiters at a home game in October attended by 700 people. He said he had won a jackpot in a EuroMillions lottery, although he declined to say how much he’d won.The team’s board of directors issued a statement on Nov. 13 saying it had not received the money.On Nov. 15, Gould said the team would receive the money in 10 days. He said the delay was due to minor issues and also “with the banks,” but he didn’t elaborate.In an email on Wednesday, team president James Leroux said the team has not received the donation.Jolene Salanski, owner of the Northwest Grill, said Gould held a banquet at the restaurant in October to celebrate his promised donation to the team.She said he appeared to be a “very nice gentleman, very businesslike, well-mannered.”The bill was close to $8,000 and he paid her in two cheques that had his stepfather’s name on them, she said. Salanski said she knew the man was Gould’s stepfather because he had also attended the banquet. The stepfather could not be reached for comment.The next day, Gould called her and asked her not to cash the cheques, adding he’d bring her a bank draft instead, Salanski said.“There was promise after promise,” she said. “He kept telling me he’d come and then he never did.”She said he gave her a gift letter with a bank’s logo on it as well as other documents that he said were from the bank. She said she became suspicious and frustrated as she owed money to food vendors and employees who assisted with the event.After about a month, she took the cheques and other documents to the bank, Salanski said.“I was informed at that time that (Gould’s stepfather) had no idea the cheques were written and I was to meet (him) at the RCMP station,” she said, adding the bank also told her the other documents were not real.Gould has told the National Post that all the documents he has provided on financial institutions’ letterheads were authentic, and repeated he plans to fulfil his promise to the Dynamiters hockey team.The Post quotes Gould as saying he asked Salanski not to cash the cheques because he didn’t have access to funds to give to his stepfather to cover the payment. Gould told the newspaper he offered the gift letter to Salanski because he wanted to help her out.Salanski told The Canadian Press she turned over all the documents to police. Cranbrook RCMP did not respond to interview requests.About two weeks ago, Gould came into the restaurant and paid the bill in cash, Salanski said.“He likes to put on a show,” she said. “It was right in the middle of the restaurant and he’s counting out all this money on the table. … He just made a big spectacle of it.”She said the experience was extremely stressful as she just took over as owner of the restaurant in August.“This was not my dream of owning my own restaurant, put it that way,” she said.— By Laura Kane in Vancouverlast_img read more

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Delta profit surges and releases strong outlook

ATLANTA — Delta is reporting a 30 per cent profit surge from the first quarter and its outlook for the current quarter is pushing company shares higher before the opening bell.The Atlanta carrier on Wednesday posted first-quarter net income of $730 million, or $1.09 per share. Earnings, adjusted for non-recurring gains, came to 96 cents per share, which is 6 cents better than Wall Street had expected, according to a survey by Zacks Investment Research.Revenue was also surprisingly good, rising 5 per cent to $10.47 billion/Shares of Delta Air Lines Inc. are up more than 1 per cent._____Portions of this story were generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on DAL at Associated Press read more

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Iraq to top agenda of meeting between Annan and UKs Blair

“We have always felt that there was a role for us to play, and had always been prepared to play that role, once the circumstances were right,” the Secretary-General told reporters in New York. “I am pleased that all governments, including the US, are cooperating very closely with us.”Asked how important it was for a fully-fledged return of the UN to Iraq, the Secretary-General stressed that it was clear from the discussions undertaken by his Special Adviser, Lakhdar Brahimi, that in addition to UN help the Iraqis themselves have a lot to do.”We will assist, but I don’t think we need the UN to do it for them. They have talent, and I think, given the right conditions, if the security can be brought under control, I think there’s a lot that the Iraqis can do themselves,” he said.Meanwhile, Mr. Brahimi and his team left Iraq and are now in Kuwait, a UN spokesperson said.Prior to leaving, Mr. Brahimi spent the day in the southern city of Basra, where he continued his wide-ranging contacts. He had the opportunity to meet with representatives of civil society, civil servants, religious parties and clerics, as well as tribal personalities.Mr. Brahimi also met with the Coalition Provisional Authority’s representative in southern Iraq, Pat Nixon. read more

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Security Council condemns heinous and cowardly attack in Iran

Council Members expressed their deepest sympathy and condolences to the Government and families of the 27 victims on Thursday and wished a “speedy and full recovery” to the 13 injured.According to news reports, a suicide bomber targeted a bus carrying members of Iran’s Revolutionary Guard travelling on a road between two cities in the province, which straddles the border with Pakistan, where armed groups and drugs smugglers regularly operate. A car filled with explosives reportedly detonated alongside the bus.Terrorism in all its forms and manifestations constitutes one of the most serious threats to international peace and security – UN Security Council“Terrorism in all its forms and manifestations constitutes one of the most serious threats to international peace and security”, reaffirmed the Council, underlining the need to hold “perpetrators, organizers, financiers and sponsors of these reprehensible acts of terrorism accountable and bring them to justice.”In this regard, they urged all States, in accordance with their obligations under international law and relevant Security Council resolutions, “to cooperate actively” with the Iranian Government in the aftermath of the attack, and all relevant authorities.Terror attacks are not new to Sistan-Baluchistan. On 29 January three members of a bomb squad sent to investigate an explosion in the province capital of Zahedan were wounded when a second device detonated as they were trying to defuse it, according to news reports. In early December, two people were killed, and some 40 others wounded in the port city of Chabahar during an attack by foreign-backed terrorists.“Any acts of terrorism are criminal and unjustifiable, regardless of their motivation, wherever, whenever and by whomsoever committed”, reiterated the Security Council members, reminding all States to combat “by all means”, in accordance with the UN Charter and other international law obligations – including international human rights law, international refugee law and international humanitarian law – threats to international peace and security caused by terrorist acts. read more

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Mandela was only taken off US terrorism watchlist in 2008

first_imgDAYS BEFORE HIS 90th birthday, the United States gave Nelson Mandela a special present.On 1 July 2008, more than eighteen years after his release from a South African prison, then-President George W Bush signed a bill which removed Mandela from the US terror watch list.Mandela and other South African leaders had been added to the list by order of South Africa’s apartheid regime which designated the African National Congress (ANC) as a terrorist organisation as it fought against racial segregation in the country.Up until his removal from the list, Mandela had to apply for special permission in order to be able to visit the United States.“He had no place on our government’s terror watch list and I’m pleased to see this bill finally become law,” John Kerry, former Democratic candidate for president and current US Secretary of State, said at the time.Condoleeza Rice, the Secretary of State under President Bush, said the restrictions were “a rather embarrassing matter that I still have to waive in my own counterpart, the foreign minister of South Africa, not to mention the great leader Nelson Mandela”.The bill, named HR 5690, stated that it would “exempt the African National Congress from treatment as a terrorist organisation for certain acts or events [and] provide relief for certain members of the African National Congress regarding admissibility.”Former British Prime Minister Margaret Thatcher also described the ANC as a “typical terrorist organisation” in 1987, leading to condemnation from human rights supporters.Nelson Mandela will be given a state funeral in South Africa on 15 December. He is to be laid to rest in his home town of Qunu.Read: Nelson Mandela’s funeral to be held on 15 December > A world mourns: Memories of Mandela grace the front pages >last_img read more

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Hands on with the Kobo Arc tablet

first_imgThe powerful 7″ tablet space is growing increasingly crowded. Google’s Nexus 7 and the Amazon Kindle Fire HD 7 seem ready to go head-to-head, with rumors growing every day of a smaller iPad on the horizon. For the most part, Apple, Amazon, and Google are all looking at the tablet space from a reasonably similar position. These mobile devices demonstrate a computer experience where content is something you get to by opening an app or service. The team at Kobo have decided to approach the tablet from a completely different perspective, through a device called the Kobo Arc.On the outside, the Arc is a sleek black rectangle with a screen on one side. Weighing in an 0.8 pounds, this tablet is ever so slightly heavier than the Nexus 7. Under the hood the Arc is packing a 1.5GHz dual core OMAP 4470 with 1GB of RAM. Despite being an Android 4.0 device, the tablet benchmarks just above the Nexus 7 in every category but HTML5. Since the unit we were playing with was running an incomplete build of ARC OS, we’ve been asked not to share the benchmark figures until the device has final builds of the software onboard. With a 720p front facing camera and a battery that claims 10 hours of continuous use, Kobo has a nice piece of hardware that is no slouch.ARC OS is a complete build of Android 4.0, certified to run the Google Play Store. The only thing that’s different is everything about the homescreen. Instead of screen after screen of apps that create a layer in between you and the content you want, Kobo has created what they call Tapestries. Tapestries look kind of like a homescreen, but instead of swiping from screen to screen you slide across a continuous screen filled with content that is relevant to the name of the category. Instead of just apps, you can pin photos, videos, and bookmarked websites onto the Tapestry. You can even make the category more granular by putting Tapestries inside of others, but filled with more specific things. Everything that you pin has an image and looks almost as though you have thrown it onto a wall instead of neatly placed in on a desktop.I’m not totally convinced that Kobo’s way of doing things is any better then how Android or iOS already look at the desktop, but the look and feel to the Tapestries UI is a refreshing change of pace. It’s nice to be able to group books and bookmarked sites and songs into a pleasing visual, I just don’t know if that is more or less useful than what is already being done.On top of aggressively marketing against Amazon and Google in terms of power and design, Kobo is starting the Arc out at $199 for 16GB, with 32GB and 64GB priced at $50 more than the previous model. This new contender into the 7″ world is not due out until later this year, but it is clear that Kobo is looking to be recognized as a provider of something that is simply better.last_img read more

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Un implant capable de pister les cancers dans lorganisme

first_imgUn implant capable de pister les cancers dans l’organismeDes chercheurs américains ont mis au point un capteur de quelques millimètres facile à implanter dans l’organisme et capable de détecter des tumeurs.L’invention ressemble étrangement à un bonbon à la menthe et pourtant, elle pourrait bien révolutionner le dépistage des cancers. En effet, ce capteur de quelques millimètres peut être implanté dans l’organisme afin de détecter la présence de tumeurs et ce, sans nécessiter d’opération invasive. “Avec cet outil, nous allons amener le laboratoire dans le patient”, a expliqué au New Scientist le Dr Michael Cima, l’un des créateurs de la capsule.À lire aussiUn ventre à bière cachait en fait une tumeur cancéreuse de trente-cinq kilosMais outre sa taille, l’invention des chercheurs du Massachusetts Institute of Technology (MIT) se distingue aussi par une technologie particulièrement innovante. A l’intérieur de la capsule se trouvent des nanoparticules magnétiques, arborant chacune quelques anticorps. Ceux-ci sont conçus pour repérer et s’accrocher à une hormone, l’hCG surproduite par les cellules tumorales de cancers des testicules et des ovaires. Grâce à la membrane semi-perméable, les molécules peuvent pénétrer dans la capsule. Il suffit ensuite d’utiliser un scanner IRM pour analyser ces molécules et déterminer si la tumeur disparait ou grossit. Testée chez des souris, l’invention a fait ses preuves en mettant en évidence les tumeurs humaines implantées au préalable chez les animaux.Au cours d’une seconde étude, Michael Cima et ses collègues ont transformé leur capteur de tumeur en détecteur d’attaque cardiaque. Pour cela, ils ont remplacé les anticorps par d’autres capables de se lier aux trois différentes protéines relâchées par les cellules du muscle cardiaque lorsqu’elles éclatent. Lors des tests effectués sur des rongeurs, les chercheurs sont alors parvenus à mesurer avec précision la sévérité des dégâts. Plus il y avait de protéines accumulées, plus l’attaque était sévère et plus le signal de l’IRM était puissant.Devant l’efficacité de l’invention, le Dr Cima et son équipe tentent désormais de développer un prototype plus avancé capable de produire un signal en passant une simple baguette magnétique sur le capteur.Le 20 mars 2011 à 13:46 • Emmanuel Perrinlast_img read more

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Woodland mobile home destroyed by electrical fire

first_imgFire investigators said that an electrical malfunction caused the fire that destroyed a Woodland mobile home Tuesday, displacing its sole occupant.The fire was reported at about 11:45 a.m. at Woodland Mobile Home Resort, 39100 N.W. Pacific Highway.Crews with Clark County Fire & Rescue responded and kept the fire from spreading to neighboring units, but officials said the mobile home was a complete loss.The home and its content resulted in a loss estimated at $50,000, Deputy Clark County Fire Marshal Curtis Eavenson said.last_img read more

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Racist comments prompt removal of Broward statue

first_imgFORT LAUDERDALE-HOLLYWOOD INTERNATIONAL AIRPORT, FLA. (WSVN) – A statue of Broward County’s namesake is set to be removed due to the former leader’s past as a segregationist.Former governor Napoleon Bonaparte Broward’s statue will be taken out of the county courthouse.The segregationist was the governor of Florida over a century ago.County Mayor Barbara Sharief said the decision was made after racist comments made by the former governor came to light.The statue will be placed in storage.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

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UBM Completes Canon Deal Says Print Sales Continue Decline

first_imgUBM also reported that year-to-date profits for its events unit are up more than 20 percent to roughly $94.2 million while its data service and online business saw profits slide 7.1 percent to about $32.7 million. Profits for its targeting, distribution and monitoring business stayed flat at about $49.1 million.Overall, UBM’s total adjusted operating profits through the first nine months grew 8 percent to $172.5 million. London-based United Business Media says it has completed its $287 million acquisition of medical industry publisher and event producer Canon Communications. The deal agreement was announced mid-September.UBM also has released an interim management statement detailing the company’s performance through the third quarter. Print sales, the company says, are down 15.3 percent to approximately $163.7 million over the nine-month period. That’s an underlying decline of 7.2 percent, adjusted for discontinued publications. Although UBM did not shutter any print titles during the third quarter it has ceased publishing at least 15 magazines since September 2009. Meanwhile, adjusted operating profit for its print magazines grew to about $5.6 million from $2 million last year.In the statement, UBM says it will continue to actively manage its print portfolio. A UBM spokesperson did not immediately return a request seeking comment concerning the company’s future plans for the 24 print titles it added as a result of the Canon acquisition.last_img read more

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LA Declares Nov 10 Morrissey Day Ahead Of Hollywood Bowl Shows

first_img Email News Facebook This past September, a bar in L.A.’s predominantly Latino Boyle Heights community also hosted an all-Morrissey karaoke night commemorating the release of the singer’s new album, Low In High School.Given all this hubbub over Morrissey’s Hollywood Bowl appearances, fans will surely be keeping their fingers crossed that the heating system at the venue is in better shape than the one in Paso Robles, Calif., where Morrissey just last weekend cancelled his appearance moments before he was scheduled to take the stage, citing “cold weather” (yes, in California).Here’s hoping this weekend’s projected weather forecast (high 60s) is warm enough.Songwriting Prompts: Help Yourself Write Better And FasterRead more Twitter center_img Hollywood Bowl exit on Los Angeles’ 101 freeway hit with guerrilla Morrissey promotion (h/t @derekpaulscott)— Slicing Up Eyeballs (@slicingeyeballs) August 22, 2017 City to honor “the man who put the ‘M’ in Moz Angeles”Brian HaackGRAMMYs Nov 9, 2017 – 12:46 pm Apparently, some of the folks involved in Los Angeles municipal government are big-time Morrissey fans.The brooding, at times cantankerous, alt-pop singer/songwriter has a pair of highly anticipated sold-out shows scheduled for Nov. 10–11 with special guest Billy Idol at L.A.’s historic Hollywood Bowl.In honor of the former Smiths frontman’s upcoming shows, L.A.’s City Council has declared Nov. 10 “Morrissey Day” in the City of Angels.City councilwoman Monica Rodriguez commented, “Morrissey Day honors the man who put the ‘M’ in Moz Angeles [sic], an icon whose music continues to touch and uplift countless people across the globe.”L.A. Mayor Eric Garcetti joined Rodriguez in praising the announcement, saying, “Morrissey Day celebrates an artist whose music has captivated and inspired generations of people who may not always fit in — because they were born to stand out.”The mayor and city council aren’t the only one getting wrapped up in Moz mania — the day after Morrissey’s Hollywood Bowl dates were announced this past summer someone snuck out onto an overpass above U.S. Highway 101 and slapped a giant Morrisey sign reading above the exit ramp for the Bowl. Moz Mania Grips Los Angeles This Weekend la-declares-nov-10-morrissey-day-ahead-hollywood-bowl-shows L.A. Declares Nov. 10 “Morrissey Day” Ahead Of Hollywood Bowl Shows last_img read more

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Rousseff reelected on call to save Brazils social gains

first_imgIn a campaign that featured ‘change’ as the buzzword for both sides, the incumbent argued that Neves’s economic proposals would produce recession and erase gains for 36 million Brazilians who have risen from extreme poverty under her party’s rule. Rousseff in her victory speech pledged to engage in dialog as she vows to stimulate economic growth and fight corruption. ‘Some times in history, narrow results produced much stronger changes than very wide victories,’ she said in Brasilia. ‘From now on in Brazil we will have a debate of ideas, clash of positions that may produce areas of consensus capable of moving our society along the paths of change that we so badly need. My first words are a call for peace and unity.’ Neves said in his concession speech that he phoned Rousseff to casking to unite the country.last_img read more

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Ramayana miniatures go on show in Canberra

first_imgAn exhibition of 101 vintage miniature paintings that string together a grand narrative of the ancient Indian epic ‘Ramayana’ opened at the National Gallery of Australia (NGA) here, said a statement.Titled “The story of Rama: Indian Miniatures from the National Museum, New Delhi”, the three-month show features paintings done between the 17th and 19th centuries. And it is the first major initiative under a recently-inked agreement on culture between India and Australia. NGA director Gerard Vaughan said the exhibition of “vibrant and exquisite Indian miniature paintings is important” for the gallery. Also Read – Need to understand why law graduate’s natural choice is not legal profession: CJI“It forms part of our commitment to share the art and rich cultural heritage of India with all Australians,” he said.The exhibition began on Wednesday and is open till August 23, 2015. In November 2014 a Memorandum of Understanding (MoU) on cooperation in the field of arts and culture between Australia and India was inked during the visit of Prime Minister Narendra Modi to the continent-country. The agreement demonstrates India’s readiness to partner with countries and celebrate the arts, pointed out India’s High Commissioner Navdeep Suri.last_img read more

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April 25 2014The crew is preparing for the fourth

first_imgApril 25, 2014The crew is preparing for the fourth ANNUAL BLUEGRASS FESTIVAL, tomorrow, Saturday April 26, 2013. It will start at 10 am – 6 pm.This is a wonderful event and we look forward to great music and fun for the whole family. You don’t want to miss this.The event is hosted by Highway 69 Chamber of Commerce.FEATURED BANDS: Flint Hill Special Reunion • Desert Routes • The Potato Patch Band • Superstition Ridge • Cisco & the Racecars • • Brush Arbor Revival • Jam Pak Blues n’ Grass FREE INSTRUMENT WORKSHOP: Jam Pak Blues n’ Grass will host a free full day workshop with guitars, fiddles, banjos, mandolins, dulcimers, and wash-tub bass for children and adults. Admission: $12, Children 7 – 12 half price, 6 and under: FreeFor more information and tickets, please contact:
(928) 632-4355 or highway69chamber [at] gmail [dot] comlast_img read more

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Russian investor asked permission to increase BoC stake over 10

first_imgRussian investor Viktor Vekselberg applied for permission to further increase his stake in Bank of Cyprus before the government decided to grant him an honorary citizenship, a document suggests.“Vekselberg is owner of Lamesa Group, present in Cyprus since 2006 and made a significant investment in Bank of Cyprus in 2014, raising the percentage of his shares to 9.88 per cent,” the interior ministry document drafted almost a year ago and obtained by the Cyprus Business Mail said. “This investment occurred at a particularly difficult time for the economy of Cyprus, when foreign investment was the only road to recovery, when investors could hardly show confidence in the Cypriot economy.“As a sign of his further commitment to Bank of Cyprus and his commitment to the economy of Cyprus, Vekselberg manifested his interest to further increase the (participating) equity of Lamesa Group in Bank of Cyprus, a request which is under consideration by competent authorities,” it added.According to the website of the Cyprus Stock Exchange (CSE), the shareholding of Lamesa Investment Ltd in Cyprus’ largest lender on June 23 last year was 9.27 per cent, 51 basis points below the figure mentioned in the document.Interior minister at the time Socratis Hassikos was in favour of the proposal to naturalise Vekselberg, believed to be close to Russia’s President Vladimir Putin, citing his “highest-level services to the Republic of Cyprus, taking into account the so important investment in Bank of Cyprus and his entire business activity in Cyprus benefiting the economy,” according to the document.According to his spokesman, the Russian billionaire, worth $14.9bn (€12.1bn) according to Forbes Magazine, appears to have declined the honour.“Vekselberg has only one citizenship,” the spokesman said, which is that of the Russian Federation and added that the investor “was never granted any other citizenship including Cypriot”.Lamesa’s investment in Bank of Cyprus occurred in August 2014, less than a year-and-a-half after the culmination of the fiscal and banking crisis in Cyprus. The bank which had in March 2013 resorted to converting almost half of its customers’ uninsured deposits into equity sought an additional €1bn in fresh equity to comply with capital requirements ahead of the Europe-wide bank stress tests.The bank’s success in attracting new equity amid a large degree of uncertainty about the future of the country’s economy which was in its third consecutive year of recession, was described by its chief executive officer John Hourican and Finance Minister Harris Georgiades as the largest ever foreign investment in Cyprus. The capital increase also attracted a group of American investors led by Wilbur Ross, who US President Donald Trump appointed last year as Secretary of Commerce.Vekselberg’s investment in the bank, which is struggling with an €8.8bn mount of non-performing loans accounting for 46.9 per cent of the total, has not paid off. Bank of Cyprus’ share, meanwhile listed on the London, is traded at around €2.35 which after the January reverse split accounts for a 50 per cent loss of the initial investment.The Cyprus Business Mail understands that Vekselberg’s request to further increase his stake to a “qualifying holding” of more than 10 per cent of shares or voting rights, is still under consideration by the bank supervisors.You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoSmart Tips DailySeniors With No Life Insurance May Get A $250,000 Policy If They Do ThisSmart Tips DailyUndo Pensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’UndoThree arrested in connection with hotel theftsUndoby Taboolaby Taboolalast_img read more

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But the new researc

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