MRF Bombay Dyeing Titan ICICI Prudential Life hit new 52week high Idea

first_imgEmployees walk in a lobby at the Bombay Stock Exchange (BSE) during the announcement of the annual budget in Mumbai February 28, 2013 (representational image).Reuters fileMRF hit Rs 57,958.65 but ended at Rs 57,040, still 7.66 percent higher from its previous close. Tyre stocks are poised for a bull run after it was reported that imports of tyres from China may pause as the country eyes America that is reportedly planning to lift anti-dumping duty on Chinese tyre imports.”China has raised their TBR (truck, bus and radial) tyre prices for Indian market by 10-15%, rendering them unattractive. Our checks indicate that Chinese factories have nearly stopped catering to tyre demand from India as US markets were more lucrative,” Nitesh Sharma and Dhawal Doshi of Philip Capital said in their note, reported the Economic Times.Ceat ended 2.85 percent higher at Rs 1,258 after hitting an intraday high of Rs 1,270, Apollo Tyres gained 4.58 percent to close at Rs 194 and JK Tyre & Industries was up 3.51 percent higher at Rs 128.New 52-week-highs of other stocks include Titan (Rs 467), ICICI Prudential Life Insurance (Rs 378.95), Bombay Dyeing (Rs 70.15), L&T Financial Holdings (Rs 122.80), Adani Enterprises (Rs 122.85) and Can Fin Homes (Rs 2,122.40).The Sensex closed 45 points lower at 29,398 while the Nifty ended almost flat at 9,091.The rupee is on a gaining spree. After hitting a 16-month high of 65.82 to the US dollar on Tuesday, it gained further and was trading at 65.44 on Wednesday. The appreciation in the domestic currency affected share prices of Indian IT companies, since they derive a large part of their revenues in dollars.The proposed sale of tower business by Idea Cellular is seen as a positive sign for the Aditya Birla Group company.”The sale of the towers business to ATC will help Idea monetize some of its assets ahead of the proposed merger with Vodafone. It is expected that the Vodafone merger may be announced soon. In fact, Idea has already surged by over 50% in the last couple of months since the proposed merger with Vodafone was announced. Its recently launched Idea Select plan also aided sentiments,” brokerage Angel Broking said in a note on Wednesday.Gold ended Rs 250 lower to close at Rs 28,650 per 10 gm while silver closed at Rs 40,300 per kg, down Rs 500.last_img

Historic 6Point Day today

first_imgBangabandhu Sheikh Mujibur Rahman. Photo: BSSThe historic Six-Point Day, marking the demand for autonomy for the then East Pakistan, now Bangladesh, is being observed on Friday across the country in a befitting manner.On 7 June in 1966, father of the nation Bangabandhu Sheikh Mujibur Rahman launched a massive movement against the misrule of the Pakistanis on the basis of the six-point demand, the Magna Carta of the Bengalis demanding autonomy for the then east Pakistan.Eleven people, including Manu Mian, Shafique and Shamsul Haque, were gunned down by the police and paramilitary EPR on 7 June 1966 in Dhaka and Narayanganj during a hartal called for the release of Bangabandhu and other leaders detained for launching the Six-Point Movement against the then barbaric ruling clique.Bangabandhu Sheikh Mujibur Rahman launched his historic six-point political and economic programme in Lahore on 5 February in 1966, aiming at attaining greater autonomy for the then East Pakistan in the backdrop of exploitation and discrimination by the then Pakistani rulers.The six-point demands were – creating provision in the constitution for a Federation of Pakistan in its true sense based on the Lahore resolution, the federal government will deal with only two subjects: defence and foreign affairs, introduction of two separate, but freely convertible currencies for East and West Pakistan, vesting the power of taxation and revenue collection with the federating units, maintaining two separate accounts for the foreign exchange earnings of the two wings and creation a separate militia or paramilitary force for East Pakistan.President M Abdul Hamid and prime minister Sheikh Hasina have issued separate messages on the eve of the six-point day.In his message, president Hamid paid rich tributes to the memories of father of the nation Bangabandhu Sheikh Mujibur Rahman and all who embraced martyrdom to implement the six-point demand.Terming the historic six-point demand the milestone in the country’s long struggle for independence, he said through the six-point demand, Bangabandhu presented political, economic, social and cultural interests of East Bengal.The president said the six-point demand contained the framework of independence and autonomy of Bangalee nation.After the announcement of six-point demand, the president said the Pakistani rulers repeatedly arrested Bangabandhu and tortured him inhumanly, which could not deter him from the path of movement.In her message, prime minister Sheikh Hasina said the present government is firmly committed to keep intact the democratic right of the people imbued with the spirit of all democratic movements and struggles, including the historic 7 June.She said the historic 7 June is an unforgettable and significant day in the history of Bangladesh.“The historic movement for six-point demand, declared by greatest Bengali of all time Bangabandhu, took an important turn on 7 June, 1966,” she said.The PM said police and the then EPR had opened fire on unarmed people during the movement announced by Awami League to realize the six-point demand, the charter of freedom of Bangalee nation.Eleven people including Manu Mian, Shafique and Shamsul Haque in Dhaka and Narayanganj had embraced martyrdom on that day, she addedThe prime minister showed profound respect to the memories of all martyrs of the struggle for independence including those of the 7 June.She vowed to materialise the dream of the martyrs of 7 June turning the country into a middle income one by 2021 and developed one by 2041.To mark the day, different socio-political organisations including Awami League, its associate bodies and like-minded socio-cultural organisations have drawn up elaborate programmes.The Awami League’s programmes include hoisting of the national and party flags atop Bangabandhu Bhaban at Dhanmondi and central office in the capital and all unit offices across the country.Leaders and workers of Awami League and its front organisations will place floral wreaths at the portrait of Bangabandhu at Bangabandhu Bhaban at Dhanmondi around 9.30am.AL general secretary Obaidul Quader in a statement urged all, including party men, to observe the day across the country in a befitting manner.last_img

Plants Emitting Pollutants Illegally Report Finds

first_imgThomas Bougher/TexasTribuneHundreds of industrial facilities across Texas are illegally spewing millions of pounds of toxic pollutants into the air each year when they break down or perform maintenance, and state environmental regulators are not adequately policing the rogue emissions, according to a new report.The report by the Washington D.C.-based Environmental Integrity Project and Austin-based Environment Texas — titled “Breakdowns in Air Quality” — found that 679 facilities from the Beaumont/Port Arthur area to rural West Texas emitted more than 68 million pounds of sulfur dioxide, nitrogen oxide, benzene and other toxic substances last year during more than 3,400 incidents of breakdown or maintenance. The organizations compiled the report by analyzing emissions reports in online databases maintained by the Texas Commission on Environmental Quality, the state’s environmental regulatory agency.  Terry Clawson, a spokesman for the commission, said Wednesday morning that the agency was reviewing the report.The report asserts that the vast majority of the 2015 emissions were illegal because they exceeded the maximum emissions facilities allowed under their state and federal air permits. Companies have argued, however, that emissions during maintenance, start-up and shutdown events aren’t illegal and that they do everything necessary under federal and state law to minimize the breaches, which they say are unavoidable.The report found that facilities in the Houston area accounted for the largest share of 2015 emissions, discharging 5 million pounds of pollutants. Dow Chemical’s plant in Freeport accounted for the highest share — nearly 1.3 million pounds.The facility with the single highest emissions rate in the state was Keystone Gas Plant in West Texas’ Winkler County, the report says. In 2014, that plant emitted 11 million pounds of sulfur dioxide, which causes smog. Its air permit limits sulfur dioxide emissions to 1.6 million pounds of sulfur dioxide.State penalties for such events are too infrequent and too low, the report says.“Fines imposed by the state are often very small in comparison to the cost to public health and the profits generated by the industry,” it concludes.“By their own admission, polluters in Texas are routinely and egregiously violating the law and endangering public health with unauthorized emissions,” said Luke Metzger, director of Environment Texas, in a statement.  “And too often regulators look the other way when polluters break the law. This lawlessness must come to an end.”Environment Texas and other environmental groups have sued companies directly in recent years over such emissions events, citing inaction from state and federal environmental regulators. Disclosure: Dow Chemical has been a financial supporter of The Texas Tribune. A complete list of Tribune donors and sponsors can be viewed here.  Share This article originally appeared in The Texas Tribune at http://www.texastribune.org/2016/04/27/plants-emitting-pollutants-illegally-report-finds/.last_img

Indulge in king of cheeses this weekend

first_imgSorrento at Shangri La’s – Eros Hotel, presets an exclusive tribute to parmigiano reggiano till September 26. Parmesan cheese is a hard, granular cheese and Parmigiano is the Italian adjective for Parma and Reggiano is for Reggio Emilia province. It has also been called the ‘King of Cheeses’.The festival is a tribute to the legendary cheese that originates from the Parma region of Italy featuring 12, 24 and 36 months aged Parmesan showcased in a menu specially crafted by Italian maestro Chef Luigi Ferraro and Executive Chef Neeraj Tyagi. ‘Parmigiano Reggiano’ offers an exclusive a la carte menu of Italian specialties during lunch and dinner with special emphasis on Parmesan as the core ingredient paired with a selection of Italian wines.  Also Read – Add new books to your shelfGuests will be able to savour various Italian flavors such as Culatello from Zibello with aged parmesan cheese served with chili jam and mustard from Cremona city, Risotto from Sibari with stewed duck leg, breast confit, alba truffle pate and gelato of Parmesan stravecchio- 36 months to a homemade fettuccine with forest wild mushrooms and 12 months aged Parmesan cheese sauce. The menu also offers Sous vide and wood fired oven cooked free range chicken, spinach, 24 month aged Parmesan with sauce Saracena Moscato and Sfoglia of vegetables with 12 months aged Parmesan, toy box tomatoes and basil pesto.One may choose to end one’s meal on a sweet note at Sorrento, with a Parmesan cheese cake and Parmesan gelato and spicy chocolate sauce or a Pizzo calabro tartufo.last_img

Launch of Buddha Airs KolkataKathmandu flight deferred due to elections

first_imgKolkata: The ongoing Lok Sabha elections has delayed the launch of Nepal’s private airlines Buddha Air’s proposed flight between Kolkata and Kathmandu by over a month. The airline will now begin its operation from May 27 instead of its earlier plan to start from April 16, Buddha Air’s Marketing Director Rupesh Joshi said. “We will operate three weekly flights between Kathmandu and Kolkata on Monday, Wednesday and Friday from May 27,” he said. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: Mamata “Both the India government and all agencies involved with aviation business suggested to begin the service post election. So we decided to defer it,” he said. Buddha Air would be the second Nepali Airline to connect Kolkata with Kathmandu after the Royal Nepal Airlines’ withdrawal from Kolkata two decades back, Joshi said. The Royal Nepal Airlines now operates flights from Delhi, Mumbai and Bangalore to Kathmandu, he said. Joshi said grounding of Jet Airways will affect tourism in Nepal and a large number of booking for hotels and tour operators have been cancelled. He said Jet was the key airline to bring foreign tourists to the Himalayan country. Now, return fare from Indian destinations from Nepal had soared four times the normal rate owing to grounding of the Jet Airways.last_img

Facebook takes an initiative against discriminative ads on its platform

first_imgYesterday, the team at Facebook announced changes in how the platform manages ads related to housing, employment, and credit on the platform. According to the team at Facebook, “These changes are the result of historic settlement agreements with leading civil rights organizations and ongoing input from civil rights experts.” This announcement comes when the report related to the investigation on Facebook by The New York Times got published. The announcement reads, “One of our top priorities is protecting people from discrimination on Facebook.” One of the US’ top housing civil rights organizations, the National Fair Housing Alliance (NFHA),  the American Civil Liberties Union (ACLU), the Communication Workers of America (CWA) and other private parties, had filed litigation against Facebook. These parties wanted to have stronger action towards protection against abuse. According to Facebook’s blog post, civil rights leaders and experts who oversee the Facebook civil rights audit have also raised their concerns regarding this issue. Facebook has taken the concerns of civil rights leaders and have started working towards reviewing their ad tool. Facebook’s blog post reads, “We take their concerns seriously and, as part of our civil rights audit, engaged the noted civil rights law firm Relman, Dane & Colfax to review our ads tools and help us understand what more we could do to guard against misuse.” Though Facebook’s policies prohibit advertisers from using their tools to discriminate, the platform has removed targeting ads related to protected classes such as race, ethnicity, sexual orientation, and religion. As there is a history of discrimination in the areas of housing, employment, and credit but according to Facebook, this harmful behavior should not happen through their ads. Facebook has announced certain changes as part of their settlements with the NFHA, ACLU, CWA and other groups to protect people on Facebook. Changes announced by Facebook The ones who want to run housing, employment or credit ads now won’t be allowed to target by age, gender or zip code. The advertisers who are offering housing, employment and credit opportunities will now have a smaller set of targeted categories for using in their campaigns. Multicultural affinity targeting won’t be available for these ads. Any detailed targeting option that describes or appears to be related to protected classes won’t available. Facebook is working on a tool which will help users to search and view all current housing ads in the US that are targeted to different places across the country. Facebook’s blog post reads, “Housing, employment and credit ads are crucial to helping people buy new homes, start great careers, and gain access to credit. They should never be used to exclude or harm people. Getting this right is deeply important to me and all of us at Facebook because inclusivity is a core value for our company.” To know more about this news, check out Facebook’s blog post. Read Next Two top executives leave Facebook soon after the pivot to privacy announcement Facebook tweet explains ‘server config change’ for 14-hour outage on all its platforms Facebook under criminal investigations for data sharing deals: NYT reportlast_img

Club Med Cancun Yucatan doubles size of Aguamarina family oasis

first_img Monday, July 16, 2018 Share Posted by Travelweek Group Tags: Aguamarina, Cancun, Club Medcenter_img MIAMI — Club Med is showing off the new expansion to its family-centric Aguamarina concept at its all-inclusive resort in Cancun.With the new expansion the Aguamarina family oasis area is now more than double the size and offers new experiences and accommodations, says the company.Expansion OverviewThe new Aguamarina expansion introduces 60 all-new oceanfront family rooms – 30 Club Rooms and 30 Deluxe Rooms – with two-bedroom accommodations to create a comfortable experience for both parents and children while still keeping them connected.New RoomsThis expansion increases the Aguamarina capacity to 120 family accommodations. Additionally, the new rooms are outfitted with upgraded safes that can be opened directly with the guests’ wristbands.Room ViewOutside of the family accommodations, Aguamarina also now features a new dedicated reception area and concierge service.The reimagined area boasts a new pool dedicated to families with water games, lounge areas and outdoor activities for all-day entertainment.PoolThe pool area also plays host to La Marina, a new family bar that features a dedicated kids’ corner with a beverage and snack menu specially for children and their taste buds. During the afternoon, La Marina will “surprise and delight” families daily with special treats and surprises that change from day to day.More news:  Flights cancelled as British Airways hit by computer problem“As Club Med continues to stay on the pulse point of consumer trends and the changing demands of families, we’re thrilled to unveil the Aguamarina expansion, which has adopted unique elements specifically with families in mind,” shared Xavier Mufraggi, CEO of Club Med North America.  “As the original resort to open on Cancún’s most pristine stretch of beach at the tip of the iconic Riviera Maya, the Aguamarina family oasis is yet another way the property sets itself apart from the rest.”Club Med Cancún Yucatán underwent a full resort enhancement at the end of 2017, including upgrades to the 5-Trident Jade area; a full renovation of all rooms; a refresh to the meetings and events spaces; all-new wellness experiences and new and refreshed dining concepts. << Previous PostNext Post >> Club Med Cancun Yucatan doubles size of Aguamarina family oasislast_img

ProSiebenSat1s deputy chief finance officer Gunn

first_imgProSiebenSat.1’s deputy chief finance officer Gunnar Wiedenfels will take over the role of CFO of ProSiebenSat.1 Media from Axel Salzmann, effective April 1, 2015. Announcing the move, ProSiebenSat.1 said that Salzmann will leave the company at his own request on March 31, 2015. He has been CFO of ProSiebenSat.1 Media since June 2008, and for a brief period in 2009 was acting CEO.Effective of his new position, Wiedenfels will be appointed to the Executive Board of ProSiebenSat.1 Media.He joined the ProSiebenSat.1 Group in 2009 and became deputy CFO in March 2014.At the same time, ProSiebenSat.1’s executive vice president of mergers and acquisitions and chief investment officer, Ralf Schremper, also takes a place on the board, assuming the newly created “Corporate Strategy and Investments” executive department.“I am delighted that again two colleagues from the company’s ranks, Dr. Gunnar Wiedenfels and Dr. Ralf Schremper, will be appointed to the Executive Board of ProSiebenSat.1 Media AG. Both have been contributing to the company’s success for years,” said Werner Brandt, chairman of the supervisory board of ProSiebenSat.1 Media.“On behalf of the Supervisory Board, I thank Axel Salzmann warmly for his outstanding commitment to ProSiebenSat.1. In recent years, Mr. Salzmann has made a crucial contribution to putting the company on today’s sound financial foundation.”last_img

Cable Europe has called on the European Parliament

first_imgCable Europe has called on the European Parliament to improve the “legal framework for the licensing of TV programmes” as new content portability rules come into effect.From April 1, new rules mean that users of online audiovisual services can view content while outside their home country within the EU.However, Cable Europe, the trade association that represents broadband cable TV operators in Europe, claims that in order to fulfill the promise of the portability regulation, service providers need to have out-of-home rights to allow customers to watch TV shows when they are on the move.“Under today’s legislative framework, cable operators may not be able to provide the full range of portability services because of the complexities surrounding copyright clearance for ‘online’ content,” said Cable Europe in a statement.“The draft SatCab regulation, which is currently being examined by the European Parliament and Council, holds the key for this to happen. There is an urgent need to improve the legal framework for the licensing of TV programmes, and to take the opportunity to present a coherent framework in the interests of European citizens.”“Cable Europe calls upon both the European Parliament and the Member States to ensure that the SatCab regulation delivers the necessary streamlining of online copyright clearance, for the benefit and enjoyment of all European consumers.”In December, MEPs endorsed a watered-down version of rules on ‘content portability’ across frontiers within the EU. This was proposed by the European Parliament’s legal affairs committee in November.last_img