Mukesh Ambani keeps salary capped at Rs 15 cr for 11th yr

first_imgNew Delhi: Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year on the trot. Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs 24 crore per annum. This is at a time when remunerations of all whole-time directors of the company, including cousins Nikhil and Hital Meswani, saw a handsome increase in the fiscal year ended March 31, 2019. Also Read – Thermal coal import may surpass 200 MT this fiscal “Compensation of Shri Mukesh D Ambani, Chairman and Managing Director, has been set at Rs 15 crore, reflecting his desire to continue to set a personal example for moderation in managerial compensation levels,” RIL said in its latest annual report. His remuneration for 2018-19 included Rs 4.45 crore as salary and allowances, which is marginally lower than Rs 4.49 crore he got in the previous 2017-18 fiscal. Commission has been unchanged at Rs 9.53 crore while perquisites have risen to Rs 31 lakh from Rs 27 lakh. Retirement benefits were Rs 71 lakh. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boost Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries. The salary cap continued even as all other executive directors saw their remunerations go up. Ambani’s cousins Nikhil R Meswani and Hital R Meswani saw their compensation rise to Rs 20.57 crore each. They earned Rs 19.99 crore each in 2017-18 and Rs 16.58 crore in 2016-17. In 2015-16, Nikhil had got Rs 14.42 crore while Hital took home Rs 14.41 crore. In 2014-15, they had got Rs 12.03 crore each. Also, one of his key executives, Executive Director P M S Prasad saw his remuneration go up to Rs 10.01 crore from Rs 8.99 crore in the previous year. He too has seen his remuneration rise steadily — from Rs 6.03 crore in 2014-15, to Rs 7.23 crore in the next fiscal and Rs 7.87 crore in 2016-17. Refinery chief Pawan Kumar Kapil saw his compensation rise to Rs 4.17 crore from Rs 3.47 crore in 2017-18. In the previous fiscal, his remuneration had fallen to Rs 2.54 crore, from Rs 2.94 crore in 2015-16. He had earned Rs 2.41 crore in 2014-15. The two however did not get any commission in 2018-19. “Performance criteria for two Executive Directors, entitled for Performance Linked Incentive (PLI), are determined by the Human Resources, Nomination and Remuneration Committee,” RIL said in the annual report. RIL’s non-executive directors, including Nita Ambani, also got Rs 1.65 crore each as commission, besides sitting fees. The commission was Rs 1.5 crore in 2017-18 and Rs 1.3 crore in the previous year. Former State Bank of India (SBI) chairman Arundhati Bhattacharya got only Rs 75 lakh as commission as she was appointed to the board of RIL only with effect from October 17, 2018. Ambani’s wife Nita Ambani, a non-executive director on the company’s board, earned Rs 7 lakh as sitting fee, up from Rs 6 lakh in the previous year. Apart from Ambani, the RIL board has Meswani brothers, Prasad and Kapil as wholetime directors. Besides Nita Ambani, other non-executive directors include Mansingh L Bhakta, Yogendra P Trivedi, Dipak C Jain, Raghunath A Mashelkar, Adil Zainulbhai, Raminder Singh Gujral, Shumeet Banerji and Aruundhati Bhattacharya.last_img read more

Paul McCartney To Perform At Robin Hood Benefit

first_imgPaul McCartney and The Robin Hood Foundation today announced that McCartney and his band will be performing at Robin Hood’s annual benefit, to be held May 12 at the Jacob Javits Center in New York City.Robin Hood is New York’s largest poverty-fighting organization and every dollar raised at the benefit will go to support the most effective poverty-fighting programs throughout the five boroughs.Paul McCartney is no stranger to Robin Hood. Immediately following the 9/11, he generously donated his legendary talents to the Concert for New York City, which raised more than $36 million to provide direct financial assistance to the families of victims who lost their lives in the terror attacks in New York, Washington, DC, and Pennsylvania. In addition, the money raised provided emergency assistance and support, as well as long-term mental health care and other health services to First Responders, their families and low-income New Yorkers who lost their jobs as a result of the attacks.More recently, McCartney headlined the Robin Hood 12-12-12 Concert for Sandy Relief, which raised more than $50 million in one night to help front-line organizations that were helping victims of Hurricane Sandy throughout New York, New Jersey and Connecticut.“I know that with Robin Hood 100% of the money raised goes right to the organizations helping people on the edge,” said Mr. McCartney. “As an honorary New Yorker, I’m proud to help Robin Hood continue their efforts to help the neediest people get the support and tools they need to build better lives for themselves and their families.”“All of us at Robin Hood are honored to have Paul perform at our Benefit,” said David Saltzman, executive director of Robin Hood. We know from past experience he will blow the doors off the Javits Center with a musical performance that should not be missed; we continue to be overwhelmed by Paul’s generosity of spirit and his willingness to use his incredible talents to aid New Yorkers in need.”Please contact Debbie Fife at 212-245-6570 × 20 or for tickets and table information.last_img read more

Brandon Marshall Accepts 50000 Donation For His Charity

first_imgThis week, National Football League wide receiver Brandon Marshall, accepted a $50,000 donation from The NFL and the United Way of Essex and West Hudson to benefit his charity, Project 375.New York Jets director of community relations, Jesse Linder, United Way Worldwide director of NFL partnership, Tracey Howard Holmes, and United Way of Essex and West Hudson president and CEO, Catherine Wilson, were all present to give their congratulations and bestow the gift.The donation came in conjunction with the prestigious NFL Walter Payton Man of the Year award, which recognizes players for their community service and athletic performance. The New York Jets selected Marshall as their team’s 2016 nominee for the national title.“I’m honored to have been selected as the 2016 Man of the Year for the New York Jets,” said Brandon Marshall, 2016 Walter Payton Man of the Year for the New York Jets. “Project 375 is incredibly important to me and to the millions of Americans of all ages who live with mental health concerns. This donation will help change lives and end the stigma, and the matching one for Character Playbook will help empower the next generation to be compassionate.”In 2011, Marshall was diagnosed with borderline personality disorder, and spent three months at McLean Hospital in Boston, Mass. for treatment, but had to grapple with the stigma around his diagnosis in the public eye. Marshall and his wife Michi Marshall, who holds several behavioral science degrees and certifications, founded Project 375 to tackle that stigma and address mental health illness. The organization provides professional development for educators and youth workers, mental health workshops for teens, funds and resources for treatment and support programs, and media coverage to build awareness. Last year, Brandon spoke to more than 3,000 students across the country, and will provide Youth Mental Health First Aid training to teachers and staff at more than 10 high schools in Brooklyn, New York.“United Way is proud to partner with the National Football League and the New York Jets to celebrate Brandon Marshall for his service to others and dedication to the community,” said Tracey Holmes, director of NFL & strategic partnerships for United Way Worldwide. “Brandon’s ability to use his personal challenges to strengthen others speaks directly to his character. We look forward to continued opportunities with Brandon to inspire character and community service in young people throughout the nation.”Marshall’s honor also comes with an additional $50,000 in funding to the New York Jets/United Way of Essex & West Hudson chapter of Character Playbook, a digital education program from United Way Worldwide and the NFL that teaches middle school students to cultivate healthy relationships. This funding is currently covering Essex & West Hudson local schools; schools and community organizations in all 32 NFL team markets can implement Character Playbook via their local United Way chapter. This national curriculum was created in partnership with EVERFI in 2016; Verizon is also a sponsor of the New York Jets chapter.last_img read more

International community should help Africa with border issues – Ban Kimoon

“Since African countries gained independence, the borders – drawn during the colonial period in a context of rivalries between European countries – have been a recurrent source of conflict,” said the Secretary-General in a message to the Seminar on the Implementation of the African Union Border Programme, held in Djibouti on 1 December.“The situation is particularly challenging in cases where strategic or natural resources are located in cross-border areas,” he said. “Demarcation of all borders between States before they become a source of conflict is thus an important preventive measure.”The Secretary-General hailed AU efforts to address the issue, including through the adoption earlier this year of the Declaration on the African Union Border Programme which aims to conclude the delimitation and demarcation of African borders so that they may cease to be potential sources of problems.The seminar should assist in the effort to determine the nature and scope of the resources required for such a venture. “I am convinced that the international community should assist the African Union in this endeavour,” said the Secretary-General, pledging the UN’s support. 3 December 2007The international community should support efforts by the African Union to address border issues so that they will no longer be a potential source of disputes, United Nations Secretary-General Ban Ki-moon has said. read more

TSX sinks with falling gold prices Wall Street rallies on earnings

TORONTO — The Toronto stock market closed lower Thursday as a sell-off in gold stocks accelerated alongside a drop bullion prices.The S&P/TSX composite index declined 68.88 points to 14,458.69 as traders also balanced a strong reading on U.S. third-quarter economic growth. The Canadian dollar was down 0.04 of a cent to 89.32 cents US.U.S. growth in the July-September period came in at an annualized pace of 3.5%. Economists had expected a gain of 3%.A strong showings by credit card payment company Visa also helped lift New York markets and the Dow Jones industrials ran up 221.11 points to 17,195.42. The Nasdaq was up 16.91 points at 4,566.14 and the S&P 500 index climbed 12.35 points to 1,994.65 .The real story behind why oil prices went down so far so fastGoldcorp shares are getting hammered today after earnings disappointTraders also considered an investing environment without massive stimulus from the Federal Reserve a day after the U.S. central bank said its third round of quantitative easing would end this month. The massive program of buying bonds was seen as a huge benefit to stock markets as the program kept long-term rates low and encouraged a strong rally.Quantitative easing had also helped support higher gold prices because of worries the stimulus program would stoke inflation. But gold prices continued to retreat Thursday as the December contract dropped $26.30 to US$1,198.60 an ounce and the TSX gold sector fell almost 8%.“Longer term, gold prices should move with inflation expectations and with inflation coming down, obviously that is going to hurt,” said Ben Jang, portfolio manager at Nicola Wealth Management in Vancouver.“Also, with gold prices around US$1,200 an ounce, we‘re just below the marginal cost of production for gold. So you really need to see the gold companies improve their operations. If not, we will continue to see volatility in gold equities.”Commodity prices were also hit by a U.S. currency that strengthened following the Fed announcement. A stronger greenback makes it more expensive for holders of other currencies to buy oil and metals, which are dollar-denominated.Lower gold prices are affecting major producers such as Goldcorp Inc., which lost US$44 million or five cents per share in its latest quarter compared with a profit of $5 million or a penny per share a year ago. Revenue totalled $1.09 billion, down from $1.16 billion in the same quarter last year and its shares fell $3.20 or 13.3% to $20.84.Yamana Gold Inc. tumbled $1.02 or 17% to $4.99 after it reported a US$1.02-billion loss in its latest quarter and slashed its dividend.Other resource sectors headed south as prices for oil and metals also retreated. The base metals component fell 3.65% as December copper lost four cents to US$3.06 a pound.The energy sector shed 1.3% as the December crude contract in New York fell $1.08 to US$81.12 a barrel.Suncor Energy’s earnings ex-items were 89 cents a share, versus the 77 cents that analysts had expected. Revenue was $10.3 billion, compared to $10.4 billion a year earlier and its shares gained 15 cents to $39.The TSX found support from industrial, tech and financial stocks.Elsewhere on the earnings front, Bombardier Inc. says its third-quarter revenues were up about 20% from the same time last year, rising to US$4.9 billion. Earnings ex-items were 12 cents a share, beating estimates of nine cents and its shares dipped six cents to $3.81.Visa, the world’s largest payment-processing company reported quarterly earnings that were higher than analysts’ forecasts, thanks to more transactions. Its stock jumped just over 10%. read more

Death toll reaches 30 over 14 missing

The DMC said that as of today 48,883 people have been displaced around the country from floods and landslides. The Puttalam district is so far the worst affected with 28,682 people displaced. In total over 200,000 people have been affected by the bad weather with the department of meteorology warning of more rain over the next few hours. The death toll from the extreme weather experienced in the country over the past few days reached 30 by today with over 14 still missing, the Disaster Management Center said.In the latest incident, a boat carrying 22 people capsized at Tissa wewa in Tissamaharama during bad weather this afternoon and at least 5 of them had drowned. read more

CaFFE calls for foreign monitors

“Without such an understanding the final verdict given might by the observers might be a repeat of the observations they made after the 2008 Eastern Provincial Council election. Therefore CaFFE reiterates the need to invite foreign monitors at the earliest and allow them to understand the context in which the election is conducted and how prevalent structural and immediate issues affect the outcome of an election, ” Tennakoon said. The Campaign for Free and Fair Election (CaFFE) has called for foreign election monitors to observe the Northern Provincial Council elections.CaFFE Executive Director Keerthi Tennakoon said that representatives from political parties and the election commissioner discussed the possibility of foreign election monitors observing the elections even before the northern provincial council election was officially announced. CaFFE it is of great importance that foreign observers arrive in the country as the election campaign begins, so that they understand the context, the ground realities and the challenges ahead of the election. “After the president established the council last week, opposition political parties have renewed their call for impartial foreign monitors. However if these monitors are to conduct proper election monitoring they should be here in time to understand the structural and political context in which the election is conducted,” he said. read more

UN must boost links among development security human rights Ban tells Security

“The founders of the United Nations well understood that if we ignore one pillar, we imperil the other two,” said Mr. Ban during today’s Security Council debate on inclusive development for the maintenance of international peace and security, which was chaired by Michelle Bachelet, President of Chile, which holds the 15-member body’s presidency for the month.“The post-2015 sustainable development agenda is an important opportunity to reinforce the interdependence of development, peace and security, and human rights,” he told the Council debate, which coincides with the opening of the General Assembly’s three-day informal ‘stock-taking’ in the process of intergovernmental negotiations on that future agenda. The Secretary-General said he was encouraged that during debates so far held about completing the Millennium Development Goals (MDGs) by the end of this year, launching a post-2015 sustainability agenda, and reaching an agreement on climate change, Member States had paid considerable attention to peace and security and to human rights.The General Assembly Open Working Group on Sustainable Development Goals had discussed the importance of inclusive growth and decent work, called for reducing inequality and ensuring universal access to basic services, including health care and education, had explicitly linked peace with social inclusion and access to justice for all, and had called for inclusive, representative decision-making.In the so called ‘synthesis’ report he presented to the General Assembly last month – The Road to Dignity by 2030: Ending Poverty, Transforming All Lives and Protecting the Planet ¬– Mr. Ban underscored the importance of justice to building peaceful and inclusive societies, emphasising the need for strong and responsive institutions.“With the full membership of the United Nations beginning its negotiations later this morning, we now have an important opportunity to broaden the development agenda and highlight the fundamental importance of inclusive societies in building a more peaceful world,” he said.Every country could benefit from sustainable and inclusive development, tackling persistent exclusion and inequality, ensuring that the most vulnerable have access to basic services and can participate in political dialogue, tackling the “blatant injustice” of discrimination against women and girls, and extending social security provision to the world’s population still lacking a safety net for times of illness or unemployment.Post-conflict societies in particular need to prioritize social, economic and political inclusion in order to rebuild trust between communities. Women’s participation in reconciliation and reconstruction also depended on gender equality and women’s empowerment, he said.“The Peacebuilding Commission provides coordinated international support targeted at countries emerging from conflict,” continued Mr. Ban. “The current review of the UN’s peacebuilding architecture should help to make that support more robust and flexible.”Even in countries at peace, governments, the private sector and civil society must demonstrate commitment to inclusive development in education, health and job creation. It is also necessary to strengthen institutions of governance and political representation as they were some of the most crucial determinants of inclusive development.“People need effective, responsive channels for voicing their views and addressing their grievances and concerns,” he said.During the meeting, Security Council members adopted a Presidential Statement reaffirming the body’s commitment to sustainable peace and underlining the close linking and mutually reinforcing relationship between security and development, and the importance of that relationship to sustainable peace.Supporting countries in efforts to emerge from conflict requires a comprehensive and integrated approach, Council members reaffirmed in the Statement, adding that such an approach should incorporate and strengthen coherence between political, security, development, human rights and rule of law activities, and addressed the root causes of each conflict.The Council also reaffirmed the importance of national ownership and national responsibility to establishing sustainable peace, and underlined the need for coordination of integrated action on the ground by security and development actors with national authorities.Also included in the Statement was the Council’s encouragement to Member States to develop a UN common approach to inclusive development as a key for preventing conflict and enabling long-term stability and sustainable peace. In that regard, identifying and addressing exclusion, intolerance and violent extremism were important.The Council also recognized the continuing need to increase women’s participation and the consideration of gender-related issues in all discussions, and called upon Member States to take concrete measures to further assist youth. read more

Global hunger rising again driven by conflict and climate change – UN

“This has set off alarm bells we cannot afford to ignore: we will not end hunger and all forms of malnutrition by 2030 unless we address all the factors that undermine food security and nutrition. Securing peaceful and inclusive societies is a necessary condition to that end,” said the heads of five UN agencies in their joint foreword to the report. The report, launched in Rome, is the first UN global assessment on food security and nutrition to be released following the adoption of the 2030 Agenda for Sustainable Development, which aims to end hunger and all forms of malnutrition by 2030 as a top priority. Some 815 million people were hungry last year – an increase of 38 million from the previous year – affecting some 11 per cent of the world population, according to UN figures. Some of the highest proportions of food-insecure and malnourished children in the world are now concentrated in conflict zones, according to The State of Food Security and Nutrition in the World. Earlier this year, famine struck parts of South Sudan, and there is a threat of famine in conflict-affected countries such as Nigeria, Somalia and Yemen. Even in regions that are more peaceful, droughts or floods linked in part to the El Niño weather phenomenon, as well as the global economic slowdown, have also seen food security and nutrition deteriorate, added the agencies – the Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD), the UN Children’s Fund (UNICEF), the World Food Programme (WFP) and the World Health Organization (WHO). Cindy Holleman, senior economist with FAO, said the report is one of the first to review malnutrition among children, as well as obesity among children and adults. “This is a growing problem worldwide and also has significant implications for people’s health and living,” said Ms. Holleman, noting that some countries have problems of malnutrition, as well as obesity. read more

FROM THE FIELD Enslaved Guatemalan indigenous women wait for reparations

The women of Sepur Zarco in Guatemala fought and won a groundbreaking case against two former military officers accused of crimes against humanity. (April 2018)​​​​​​​UN Women/Ryan BrownIt was a groundbreaking legal decision; the first time anywhere in the world that a national court had prosecuted sexual slavery during conflict using national legislation and international criminal law.The women were granted a total of 18 reparation measures, including education for the children of their community, access to land, a health-care clinic and other interventions which would help to confront what UN Women has described as “the abject poverty their community has endured across generations.”Read more here, about the women known respectfully as the abuelas (grandmothers) of Sepur Zarco. With the help of local women’s rights organizations, including UN Women and other UN partners, the women from Sepur Zarco in the east of Guatemala succeeded in securing the conviction of two former military officers on charges of crimes against humanity, back in 2016. read more

DLA Piper reports a 178 mean gender pay gap for 2018

first_imgInternational law firm DLA Piper has reported a 17.8% mean gender pay gap for fixed hourly pay as at 5 April 2018, inclusive of its fee-earner and business services populations.The firm reported its gender pay gap data in line with reporting regulations and in time for the private sector submission deadline of 4 April 2019.The regulations require organisations with 250 or more employees to publish the differences in mean and median hourly rates of pay for male and female full-time employees, the gap in mean and median bonus pay for men and women, the proportions of male and female employees awarded bonus pay, and the proportions of male and female full-time employees in the lower, lower middle, upper middle and upper quartile pay bands.Female employees at DLA Piper receive a mean hourly rate of £26.50, compared to £32.30 for male employees. In terms of median hourly pay, female staff earn £22.40 an hour, while men take home £26.60 an hour.DLA Piper’s 2018 median gender pay gap for fixed hourly pay is 15.8%.The organisation’s mean gender pay gap for bonuses between 6 April 2017 and 5 April 2018 is 56.9%, with female staff achieving a mean bonus of £2,439, and male employees £5,656. Alternatively, the firm has a 0% median gender bonus gap; this is because a large proportion of its business services employees receive an equal, fixed end of year bonus. The median bonus for both men and women is £750.Over the current reporting period, 57.8% of female staff received bonus payments, versus 55.5% of male staff.Half (50%) of those in the highest pay quartile at DLA Piper are female, compared to 57% in the second quartile, 65% in the third quartile and 74% in the lowest pay quartile.DLA Piper has also voluntarily reported its partner figures, despite this not being a statutory requirement. The mean gender pay gap for partners is 20.8% and the median is 26.7%. This is based on UK partner profit share and bonuses awarded under its 2017 partner remuneration review.Analysis of the aforementioned review further revealed a 15.6% mean gender bonus gap, although the median gender bonus gap stands at 0%. Less than half (47.6%) of female partners received a bonus payment in the 2017 review, compared to 50.5% of male partners.Less than a fifth (19%) of DLA Piper’s partners in the UK are female.To address its gender pay gap, DLA Piper has been running international focus groups with employees to understand the actual and perceived barriers to career progression.The law firm has rolled out unconscious bias training, embedding key lessons from this into its people strategy. It also promotes agile working, flexible work patterns and fee-earner job share arrangements, offers an employee-led resource group, called Leadership Alliance for Women (LAW), which focuses on the advancement of women and continually moderates its salary and bonus decisions.DLA Piper is also enhancing its maternity and paternity leave policies; this will run alongside its existing coaching provision, which supports those taking a form of family leave. Coaching is also available for partners and managers, to help support the transition around maternity and paternity leave, as well as to facilitate a good return to work.Liam Cowell, UK managing partner, said: “This year, we consulted with our people across the international firm to refresh our values, which have a culture of inclusion, support and collaboration at their core. Our strategy for embedding an inclusive environment continues to focus on our culture, including encouraging agility, challenging bias and supporting working parents as specific actions to address pipeline issues for female lawyers and business services professionals.“The increase in the proportion of women in the upper quartile demonstrates that some of the actions we have been taking are having a positive impact. Additionally, we are already seeing a marked improvement in female representation at partner level. In the UK, the percentage of female partners increased from 18% to 19% in just a year.“While our 2018 pay gap stands comparison with the largest 25 UK law firms, we recognise that we still have a long way to go to achieve gender balance and are continuing to drive change in this area through the consistent application of actions and initiatives.”last_img read more

Drake Drops Degrassi Reunion Video Reveals Scorpion Release Date

first_img Facebook Watch: Drake’s “Degrassi” Reunion Video drake-drops-degrassi-reunion-video-reveals-scorpion-release-date Returning to his Canadian teen television series roots, Drake calls upon his former castmates for his new “I’m Upset” video ahead of the release of his fifth LP Nate HertweckGRAMMYs Jun 14, 2018 – 7:22 am Drake’s new short film for “I’m Upset” is not your normal music video. The Canadian actor-turned-rapper returned to the halls of Degrassi Community School, where he played basketball star Jimmy Brooks in the teen television drama series “Degrassi: The Next Generation” a decade ago, and he brought many of his former castmates along for the ride.In the film, made by Karena Evans, Drake returns to the school for an epic reunion, and he’s joined by a slew of his old crew drinking in the bleachers, dancing in the halls and taking selfies, including Shane Kippel, Nina Dobrev, Stacey Farber, Jake Epstein, A.J. Saudin, and even the principal, played by Stefan Brogren, who does a backroom deal with Jay and Silent Bob, played of course by Jason Mewes and Kevin Smith. By video’s end, the party gets out of hand and the place goes up in flames.While watching the “Degrassi” cast reunite is a fun trip down memory lane, it’s also the latest development in Drake’s mounting buzz for his fifth full-length album, Scorpion. The GRAMMY winner also revealed what appears to be the album artwork, a black-and-white headshot with his Aubrey Graham signature, and he (finally) confirmed the album’s release date of June 29. Drake Drops “Degrassi” Reunion Video, Reveals ‘Scorpion’ Release Date Twitter News Email “I’m Upset” follows two wildly popular singles, “God’s Plan” from Drake’s Scary Hours EP and Scorpion’s “Nice For What,” both of which went to No. 1 on the Billboard Hot 100. So far “I’m Upset” has peaked at No. 19. Will this charming, nostalgic short film propel the song higher up the charts?Catching Up On Music News Powered By The Recording Academy Just Got Easier. Have A Google Home Device? “Talk To GRAMMYs”Read morelast_img read more

CC road works launched

first_imgZaheerabad: MLA Manik Rao along with MLC Fareeduddin launched CC road works in Subash Gunj on Wednesday. It is being constructed with Rs 16.5 lakh.Speaking on the occasion, Manik Rao said, “TRS government is allotting budget for town development.” Damodar, Ravi Kiran, Venkatesam, Veeresam and others participated in the programme.last_img

BSE Sensex Up By 1 Percent Software Service Exporters Gain

first_imgAfter falling by over 2 percent in the previous session, the BSE Sensex rose by 1 percent on Friday.The main 30-share BSE index .BSESN gained 0.96 percent to 17,361.74 points. The 50-share Nifty index NSEI added 1 percent to 5,278.20 points.Though the week closes with a rise, India’s indexes lost about 0.6 to 0.8 percent on the week.Infosys Ltd gained 1.6 percent, Tata Consultancy Services Ltd gained 1.5 percent and Reliance Industries’ share rose by 1.05 percent. ICICI Bank also rose 1.2 percent.last_img read more

Khaleda pays homage to martyred intellectuals

first_imgBNP chairperson Khaleda Zia along with her party leaders paying tribute to the martyred intellectuals placing wreaths at the Martyred Intellectuals’ Mausoleum at Mirpur. Photo courtesy: BNPBNP Chairperson Khaleda Zia on Thursday paid tributes to martyred intellectuals by placing wreaths at the Martyred Intellectuals Memorial at Mirpur in the city marking the Martyred Intellectuals Day, reports news agency UNB.Khaleda together with party senior leaders placed the wreaths at 10:50am and stood in a solemn silence there for a while as a mark of respect to the great national heroes who sacrificed their lives for the cause of the country.BNP secretary general Mirza Fakhrul Islam Alamgir, standing committee member Dr Abdul Moyeen Khan, vice chairman Shahjahan Omar, Shamsuzzaman Dudu, AZM Zahid, chairperson’s adviser Amanullah Aman, Abdus Salam and party senior joint secretary general Ruhul Kabir Rizvi were, among others, present there.Talking to reporters before placing the wreaths, Fakhrul said democracy, for which the nation waged a war in 1971 and liberated the country, is now absent in the country. “We’re now living in a confined situation.”Mentioning that BNP has been on a struggle for a long time to restore democracy, he said adding, “We’ll surely win this fight.”On this day in 1971, country’s renowned academicians, doctors, engineers, journalists, artists, teachers and other eminent personalities were dragged out of their homes, blindfolded and taken to unknown places and then brutally tortured and slaughtered.Their bodies were later dumped at Rayerbazar, Mirpur and some other killing fields in the capital.last_img read more

March for Justice

first_imgOn Sept. 30, two marches – the March for Racial Justice and the March for Black Women — included men and women from several different racial and ethnic backgrounds, marching in unity, to the DOJ to advocate for Black women and racial equality.(Photos by Rob Roberts)last_img

General Motors Starts Taking Orders for Its First Electric Bike

first_img General Motors is reimagining future transportation with its first ARĪV electric bike brand.In November 2018, General Motors held a global crowdfunding campaign for its new eBike brand. After fans submitted potential names, General Motors decided to call the brand ARĪV, which is pronounced like “arrive.”The brand includes two connected eBikes: the Meld compact eBike and the Merge folding eBike, which will each retail between $3,106 and $3,782 in Belgium, Germany, and the Netherlands. General Motors, which is taking preorders for the eBikes now via, said it will start shipping orders in a few months.Introducing #ARĪV, @GM‘s new #eBike brand, proudly engineered right here in Canada by our engineering team at the Technical Centre in Oshawa.— GM Canada (@GMcanada) February 14, 2019General Motors didn’t provide too many details on the eBikes, however, it said that the eBikes’ motors can reach speeds up to 15.5 mph and contain four levels of pedal-assisted power. There are also key safety features, including a rechargeable front, rear LED lights, and oversized break rotors. Plus, the eBikes’ batteries can be charged in approximately 3.5 hours and receive up to 40 miles of ride time on a single charge.ARĪV Merge Electric Bike (Photo Credit: General Motors)Connectivity is another key feature for both eBikes: They can connect to an app that provides users with key riding metrics, including distance, motor assist level, remaining battery level, and speed. Each eBike comes with a Quad Lock mount as well, so users can safely secure a smartphone to the handlebars during rides. General Motors also said it’s working on additional app features, including, “a mode that will use a proprietary algorithm to help riders arrive at their destination sweat-free.”General Motors did not disclose if its new eBikes will be available in the U.S. and other countries, however, more details on specs and pricing are available on Bike Exchange’s website.More on Electric Car Sets Altitude Record By Reaching GlacierTesla Debuts a Portable Plug-In EV Charger for Its Electric Cars Harley-Davidson’s Electric Bike Is Now Available for Preorder Stay on target Amazon’s New Facial Recognition Smells Your FearSnapchat’s New Snap Spectacles Will Have Two Cameras, Cost $350 last_img read more

Go back to the enewsletter Luxury travel experts

first_imgGo back to the enewsletterLuxury travel experts, Goldman Travel Group, took home the Top Virtuoso Agency Production (Asia Pacific) award at the 30th annual Virtuoso Travel Week Awards. It’s the fourth consecutive year Goldman has claimed the gong.“This year, Goldman Travel Group celebrates 35 years in the travel industry. As a family-run business, we are delighted to be recognised for the fourth year in a row as a top Virtuoso travel advisor,” said Tom Goldman, Executive Chairman of Goldman Travel Group.The prestigious award recognises all travel companies under the Goldman Travel Group umbrella, including Goldman Travel Corporation, Travelcall, Travel Phase, SmartFlyer Australia, Quintessentially Travel Australia and The Cruise Centre.“The company continues to grow from strength to strength, building success year-on-year with much thanks to our committed, hard-working agents and strong relationships with our supplier and client partners,” said Anthony Goldman, Joint Managing Director of Goldman Travel Group.“The ever-increasing use of travel agencies for premium and luxury travel proves that even in today’s digital era, the personalised service of agents is preferred over online booking platforms. At Goldman, great service is imperative, and how fitting to be recognised as a Top Virtuoso Agency, in our 35th year of business, for the fourth year running.”Anthony Goldman, Joint Managing Director of Goldman Travel GroupGo back to the enewsletterlast_img read more

Cyta drops for calls to Philippines

first_imgA WEEK after the Philippines was first hit by the typhoon Haiyan, state telecoms operator CyTA has said it will be offering a discounted rate for calls to the Philippines for a month. CyTA joins MTN which said earlier this week it would be offering 60 free minutes for calls to the Philippines until the end of the month.CyTA said calls from mobile phones and land lines will be 20 per cent cheaper up until December 15 in order to help any Cyprus-based Filipinos to call home. Customers using soeasy International can get up to 90 free minutes for their overseas calls with every top-up and a 20 per cent discount for calls made between 8pm and 8am as part of the soeasy Freebies package, CyTA said.The Haiyan or Yolanda, one of the strongest recorded typhoons ever to make landfall, hit the central islands of the Philippines on November 8.Global and Philippines-based aid agencies have been asking for aid as authorities continue updating the death toll.UN secretary-general Ban Ki-moon told reporters this week that people in the Philippines were “desperate for food, water, shelter, supplies and information about their loved ones”.You May LikeLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoSenior Living | Search AdsCheap Senior Apartments in Rowland Heights Are Turning HeadsSenior Living | Search AdsUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more