Maruti Q1 net dips 32 to Rs 1377 crore

first_imgNew Delhi: The country’s largest carmaker Maruti Suzuki India (MSI) on Friday reported 31.67 per cent decline in consolidated net profit at Rs 1,376.8 crore for the first quarter ended June 30, on account of lower sales volume and higher depreciation expenses. The company, which posted a net profit of Rs 2,015.1 crore in April-June period 2018-19, said in the next three years it will completely shift to paying royalty to parent Suzuki Motor Corp in rupees instead of yen. Also Read – Thermal coal import may surpass 200 MT this fiscalIt said revenue from sale of products during the first quarter this fiscal stood at Rs 18,738.8 crore as compared to Rs 21,813.8 crore earlier, down 14 per cent. Depreciation and amortisation expenses during the first quarter stood at Rs 919 crore as compared with Rs 720.3 crore in the year-ago period. The company sold a total of 4,02,594 vehicles during the quarter, lower by 17.9 per cent from the year-ago period. Sales in the domestic market stood at 3,74,481 units, down 19.3 per cent. Exports were at 28,113 units. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostMSI CFO Ajay Seth said during the first quarter the company was also affected by the ongoing slowdown in the domestic automobile industry. “It was the fourth consecutive quarter of decline in volumes (for the industry). During the quarter, passenger vehicles (PV) sales of the industry declined 18 per cent…The company was also impacted by the demand weakness and domestic sales declined by 19.3 per cent,” Seth told analysts. He, however, said the current situation is a cyclical phenomenon and MSI continues to believe in the long-term potential of the market. Elaborating on the challenges in the market, MSI Senior Executive Director (Marketing and Sales) R S Kalsi said the rural market, which was earlier witnessing good traction, is also under a lot of pressure and saw decline of around 17 per cent. The decline in the rural market was almost similar to what has happened in the urban market, he said adding footfalls at showrooms continued to witness big decline. Commenting on royalty payment to parent Suzuki, Seth said at present royalty on almost 45 per cent of the models are now being paid in rupee and the remaining 55 per cent will also transition fully from yen to rupee in the next three years. “So, by 2021-22 we would have all the models, which would have moved to the rupee formula,” he said, adding for the first quarter of the fiscal the royalty payment was at 5.2 per cent of net sales. In 2015, MSI had announced that it would start paying royalty to its parent Suzuki in rupee instead of yen for all new models starting with the Vitara Brezza which was launched in 2016. Earlier, company’s Chairman R C Bhargava had said that the royalty of all the models of Maruti was expected to be in rupee terms by 2025. When asked about BS-VI preparedness, Kalsi said the company is working keeping in mind the April 2020 deadline. “Majority of our models will be ready by end of 2019,” he said. At present, five of the company’s top selling models are BS-VI compliant. These are Alto, WagonR, Swift, Dzire and Baleno.last_img read more

IT attaches Rs 150 cr worth benami hotel of Cong leader Kuldeep

first_imgNew Delhi: A Rs 150 crore worth five-star hotel in a prime business space of Gurgaon has been attached by the Income-tax department, considering it as a “benami” asset of Haryana Congress leader Kuldeep Bishnoi and his brother, officials said on Tuesday. They said the department’s Delhi-based anti-benami unit has issued an order for attachment of the hotel property, identified as Bristol hotel in DLF phase-1, under section 24(3) of the Prohibition of Benami Property Transactions Act, 1988. Also Read – India gets first tranche of Swiss bank a/c details The hotel, as per the order accessed by PTI, is owned in the name of a company, Bright Star Hotel Private Ltd. The latest action by the department has come in the backdrop of the raids conducted by it on 13 premises linked to Bishnoi in Haryana, Delhi and Himachal Pradesh on July 23 on charges of alleged tax evasion. I-T sources said their probe found that 34 per cent shares in the company are held in the name of a “front” company registered in British Virgin Islands (BVI) and was being operated from UAE. Also Read – Tourists to be allowed in J&K from Thursday The said hotel entity, they said, and properties held by it are “the benami assets of Kuldeep Bishnoi and Chander Mohan (Bishnoi’s brother).” Benami properties are those in which the real beneficiary is not the one in whose name the property has been purchased. The two brothers are sons of late former Haryana chief minister Bhajan Lal. While Bishnoi is a Congress MLA from the Adampur constituency, Mohan is a former Deputy CM of the state. Sources, quoting the I-T order, said benami shareholders of the BVI entity are “close confidantes” of the Bishnoi family. They said the control over the affairs of the entity rests with the Bishnois and monetary consideration paid for acquisition of shares in Bright Star Hotel Private Limited was “arranged by the Bishnois.” The Bishnois were “managing actual affairs” of the entity through their associates based in India and abroad, the department charged in the order. After the completion of raids, the department had said in an official statement that foreign assets worth over Rs 200 crore allegedly linked to Bishnoi and his family have been detected and are being probed by it. Violators of the anti-benami law, enacted in 1988 but implemented from November 2016 by the Modi government, attract a rigorous imprisonment of up to seven years and fine up to 25 per cent of the fair market value of the property. The Act allows for prosecution of the beneficial owner, the benamidar, the abettor and the inducer to benami transactions. It also says the assets held benami after final prosecution are liable for confiscation by the government without payment of compensation.last_img read more

GST collections drop below Rs1 lakh cr to Rs 98202 cr in

first_imgNew Delhi: India’s gross GST collections slipped below Rs 1 lakh crore to Rs 98,202 crore in August, according to official data released on Sunday. Gross revenue collections from the Goods and Services Tax (GST) in July stood at Rs 1.02 lakh crore. The August 2019 mop-up was, however, 4.5 per cent higher than the Rs 93,960 crore collected in the same month last year. This is the second time during this year that the revenue collection from the GST has slipped below the Rs 1 lakh crore mark. First, it happened in June when the collection was Rs 99,939 crore. Central GST collections stood at Rs 17,733 crore, State GST Rs 24,239 crore, and Integrated GST Rs 48,958 crore (including Rs 24,818 crore collected on imports) during August this year, a statement said. P12last_img

3 Years To Go Will PJD be Moroccos Ruling Party Again

Rabat – The Justice and Development Party (PJD) plans to hold an extraordinary meeting Saturday to evaluate the party’s progress after seven years in power.The meeting, according to a statement published by the party on Wednesday, August 29, is part of PJD’s preparation for the start of the political session.During the meeting, scheduled for Saturday, September 15, the party will examine its actions in Parliament, “as well as at the internal level related to supervision, training and communication.” Morocco World News contacted PJD to learn about its performance and expectations regarding the next election, but the party declined to answer.Since his appointment as prime minister in 2017, the secretary-general of the party, Saad Eddine El Othmani has been promising that the PJD would increase efforts to combat corruption, education problems, social disparities, and administration management issues.Corruption: ‘Rife in state institutions’According to international indices and reports on corruption, Morocco has not yet made progress in fighting corruption.International NGO Freedom House said in its 2017 Freedom in the World report that  corruption in Morocco is “rife in state institutions and the economy,” adding that “despite the government’s rhetoric on combating corruption, it has a mixed record on enforcement.”When the PJD came to power in 2011, the Corruption Perception Index ranked Morocco 80th out of 183 countries, with a score of 3.4 out of 10. In 2017, however, the index featured Morocco ranked 81st with 40 points out of 100.King Mohammed VI reminds the cabinet of the irregularities and dysfunctions that hinder the country’s development and draw criticism in every speech he delivers to the nation.In the aftermath of the King’s speech on the anniversary of the Revolution of the King and the People on August 20, the head of government renewed his promises, telling the government of the major issues that should be addressed.Economy: Has the government stagnated?The Gross Domestic Product (GDP) per capita in Morocco was $3,151 in 2017, only slightly up from 3,039.92 in 2011 when PJD came to power. Despite the positivity of the government’s economic vision, GDP per capita is practically the same.The unemployment rate has also seen no improvement: the number stood at 9.3 percent in the second quarter of 2018, ever so slightly down from 2011’s unemployment rate of 9.4 percent. The number shows a minimal difference in eight years.The latest reports from Morocco’s Court of Auditors have also contradicted El Othmani’s statements on the economic and social situation.In July, the head of government called on Moroccan citizens to stop “being gloomy and unrealistic” about the Moroccan economy.“Yes, there are problems, but there is no crisis, and the Moroccan economy is in good shape,” El Othmani said in a Parliament session on July 23.However, the recent reports of the Court of Auditors and Bank Al-Maghrib presented to the King on July 29, the eve of Throne Day, presented another story.In his report, Bank Al Maghrib Governor Abdellatif Jouahri emphasized that despite growth in the domestic economy last year, Morocco is still suffering an increase of unemployment.Once again, El Othmani reiterated that he took to heart the King’s recommendations, calling on the government to take all necessary actions to implement the monarch’s orders.Education: Empowering or failing Morocco’s youth?In his recent speeches, the King said that despite the country’s achievements, there are still dysfunctions in Moroccan administration and education. The King also called on the government to work on the education system and empower Morocco’s wealth: its youth.In response to the King’s speeches, El Othmani promised that the King’s instructions will be fulfilled as he informed his government to make the monarch’s orders their guidelines. El Othmani even promised that the government would “revolutionize” the education system.Nevertheless, criticism ran wild recently, especially with parents sending their children back to school this month. Parents criticized both the cost of school textbooks and the content of primary school textbooks.The education ministry introduced Darija (Moroccan Arabic) in primary school textbooks and has received backlash from parents.What has the government achieved so far?Supportive of the monarchy, the party considers itself as a body that contributes to the development of the country. The party also aims to ensure “integrity, freedom, responsibility, justice and solidarity.”PJD, which received a simple majority of votes in the 2011 and 2016 elections (around 30 percent in 2016), however, has been criticized this year, especially by its supporters when some PJD ministers angered Moroccan citizens.With the emergence of the social boycott on April 20, 2018, and a protest movement in northern Morocco between 2016 and 2017, Moroccan citizens accused the party of having changed its ideology after gaining seats in the government.A primary example is the backlash after Lahcen Daoudi, a PJD member and the minister of governance, participated in a protest deemed against the demands of a boycott of three major companies targeting high commodity prices in Morocco.Daoudi joined a protest with Centrale Danone employees in front of Parliament to decry the boycott on the company.Citizens, however, felt “offended” and shocked to see a minister of the ruling party protesting “against the demands of citizens.”International media heavily reported on Lahcen’s participation in the boycott, with the Arab Weekly describing the boycott as the “biggest crisis” of the PJD “since the dismissal of Benkirane” as head of government in April 2017.In a Parliament session, one MP showed a video of Daoudi before he was minister, condemning “poverty” and high prices. The MP asked Daoudi what changed since PJD gained seats after the election.The MP said that PJD ministers are responsible for the high commodity prices and the expensive cost of water, electricity, and train tickets.PJD officials have also received criticism for not intervening in a court’s decision to give heavy sentences to Hirak Rif activists, who were jailed for their involvement in the Al Hoceima Hirak Rif protest movement to protest social disparities.When Hirak activists were given sentences ranging from 1 to 20 years in prison on June 26, many Moroccans expected the government, especially PJD officials, to react to the heavy sentences.However most of them, including El Othmani, said their hands were tied as the judiciary is independent from parliamentary legislation.Moroccans must wait and see whether the cabinet will fulfill its promises to make Morocco a better place for youth and for the next generation to come.Losing support?While the party does have loyal supporters, recent events, especially the boycott, caused Moroccans to ask whether the party is keeping its “justice and development” ideology. Some social media users, who voted for the PJD,  have even claimed that they will boycott the 2021 election.In the 2016 election, PJD won 125 seats out of the 395 existing seats in Parliament. PJD has 16 MPs who represent the party at the House of Councillors in Parliament. PJD also has 11 ministers at the cabinet level.In both elections (2011 and 2016), the party’s former leader Benkirane gained the trust of Moroccan citizens, promising more changes. Opposition parties accused Benkirane’s cabinet of failing to fulfill his commitments, but the “beloved” prime minister explained the delays, emphasizing that changes cannot be felt in a single political term and his goals were long-term projects.When the King sacked Benkirane in 2017 for delays in forming a government through coalition, the King appointed El Othmani, who promised to make his ministers work to serve the demands of Moroccan citizens.King Mohammed VI’s speeches, however, have contained more complaints than achievements.Ultimately, PJD’s achievements will be put to the test in the next election, in November 2021. read more

Moroccan University Students and Environmentalists Team Up to Clean Beaches

Rabat – Students from the Casablanca School of Management (SUPRH) formed a collective group with The Bahri association, a marine environmentalist group. This union is being called “Africologie,” according to local news. The group is planning a massive clean-up operation at Scarabee beach in Casablanca on December 16th. Environmentalists say Scarabee is at a critical level of litter, and as Morocco’s largest city continues to grow, littering will intensify. The goal of the students is to get at least 1000 students from 13 different universities throughout Morocco to participate, with students from across 12 countries. For the past eight years, Bahri was attempting to clean beaches by itself but the workload has undoubtedly increased as the city grows and tourism increases. Africologie plans to hold annual massive clean up efforts around Africa and promote bonds between Moroccans and other Africans.Suprh school of management beach cleaning first edition Although the activists have gained more followers for their cause, they are still fighting an uphill battle against the littering epidemic that is flooding the country. African news agency ENCA reports that the 2016 ban on plastic bags has done nothing to help, as people still dump waste without a second thought. Currently, only 21 out of 40 beaches qualified to earn the international “Blue Flag” distinction that is awarded to clean, high-quality beaches. Climate change is a problem that requires international cooperation, and Morocco has tried to take a leading role, hosting the COP 22 UN climate convention in 2016. But, at the same time trash heaps continue piling in the country. In June, British Ambassador Thomas Reilly criticized the high amounts of waste near the Sidi Mohamed Ben Abdellah dam in Rabat, highlighting the waste issues Morocco still faces internally, while preaching environmentalism externally. read more

Police Seize 80 Kg of Cocaine in Tangier 6000 Psychotropic Tablets

Rabat – Police in Tangier have seized 80 kilograms of cocaine and 6,915 psychotropic tablets, according to a statement issued by Morocco’s General Directorate for National Security (DGSN).Police also announced they arrested two suspects involved in drug trafficking.“A search operation carried out as part of this case resulted in the seizure of a large amount of money in dirhams, suspected of being obtained from drug trafficking, as well as two knives and a car,” added the statement. Police put the suspects in custody for further investigation.A new report from the International Narcotics Control Board (INCB) found that cocaine is one of the most common drugs in Morocco. Psychotropic tablets, including opioid painkiller tramadol, are also popular.Read Also: Report: Morocco is Center of Africa-Europe Cannabis TrafficThe report recalled Morocco’s operation seizing 541 kilograms of cocaine in February 2018 in Casablanca.Morocco made another significant seizure in December 2018 when the Central Bureau of Judicial Investigation (BCIJ) arrested an international drug trafficking network and seized 1 ton of cocaine.The Moroccan government announced last year that Morocco seized 1.3 million psychotropic and ecstacy pills in 2018.In addition to crackdowns on drug trafficking, Morocco has put in place programs to offer treatment to drug addicts.Morocco’s health ministry said that 27,620 drug addicts received treatment at rehabilitation centers in 2018. Minister of Health Anas Doukkali announced that Morocco is committed to fighting drug use and drug trafficking. read more

Brussels to Host a New Session of the EUMorocco Association Council

Rabat – The 14th session of the European Union-Morocco Association Council will be held on Thursday, June 27, 2019 in Brussels, as stated by the Ministry of Foreign Affairs and International Cooperation. The meeting will be co-chaired by Moroccan Foreign Affairs and International Cooperation Minister, Nasser Bourita, and the High Representative for Foreign Affairs and Security Policy, Federica Mogherini. Bourita will lead the Moroccan delegation.According to the Ministry, the session will be an opportunity to confirm the renewed impetus of the multidimensional partnership between Morocco and the EU, and give it a fresh boost In 2018, the EU decided to support Morocco by announcing the inauguration of a three-part project worth a total of €190 million, to improve the nation’s governance, expand its regional development, and empower its youth.Although Morocco adopted a new Constitution in 2011, its reforms have not fully materialized and the North African country struggles to coordinate its national policies with its commitments to the international community. Read also: EU Leaders Fail to Strike a Deal on Climate Change at Council Summit“The European Union is ready to support Morocco and its national priorities in this context,” said Mogherini in January 2019.“ “I am convinced that the coming months will be an exceptional opportunity for us to open an even more productive and intense chapter of cooperation between the European Union and Morocco.”Earlier this month, experts from the UK and EU met in Skhirat, Morocco to prepare for the upcoming meetings and discuss the relations between the two parties. An informal session in this regard was also attended by Bourita and his Spanish counterpart, Josep Borrell.In the upcoming meeting, the Association Council will discuss the reinvigoration of relations between the EU and Morocco by addressing the EU-Moroccan partnership’s priorities and themes for 2019-2020 and the future of the bilateral relations. The discussion will include topics such as economic and trade relations as well as questions related to mobility and migration. Regional and international policy issues will also be debated by Mogherini and Bourita.Combating climate change and cooperation on environmental issues will be included on the discussion’s agenda, as will strengthening regional and Euro-African cooperation. read more

Summer Pick program celebrates Indigenous authors

Richard Wagamese, author of Indian Horse, will sign his book March 31 at 6:30 p.m. at Pond Outlet, with a talk at 7 p.m.With Brock celebrating its 50th anniversary in 2014, the Aboriginal Education Council created the Brock Summer 2014 Pick program.Inspired from CBC’s annual ‘Canada Reads‘ contest, Brock’s initiative involves reading any or all of the books: Trace DeMeyer and Patricia Cotter-Busbee’s Two Worlds; Joseph Boydon’s Three Day Road, and Richard Wagamese’s Indian Horse, and rating them online.The program was organized to commemorate Brock’s anniversary and the 400th anniversary of the pivotal Two Row Wampum Treaty that was established between First Nations people and colonial settlers in the northeast.When the poll closes, the book with the highest ratings will be declared Brock’s Pick for 2014 Summer Reading.This announcement will be made end of April in conjunction with a performance by Debajehmujig (an Aboriginal theatre troupe) hosted by Brock’s Centre for the Arts.Four events are planned between March 18-March 31 and are free and open to the public:Tuesday, March 18Coffee house from 2 p.m.-5 p.m. sponsored by CHYS students with free refreshments and rotating presentations approximately every 20 minutes, held in Cairns 336 (which is in the Child and Youth Department suite of offices).Monday, March 24A different Coffee house from 2 p.m.-5 p.m., same format, held in Pond Inlet.Tuesday, March 25Tracey DeMeyer and Patricia Cotter-Busbee, the co-editors of Two Worlds, together with a couple of the contributors, start their book signing at 6 p.m. A panel presentation is scheduled for 6:30 p.m. at Cairns 336. There will also be a potluck dinner around 5 p.m. with DeMeyer and Cotter-Busbee.Monday, March 31Following a small potluck dinner around 5 p.m., Wagamese, author of Indian Horse, will sign his book at 6:30 p.m. at Pond Outlet, with a talk at 7 p.m. read more

PODCAST Entrepreneurship Week on Good Morning Goodman

Good Morning Goodman continues this week with co-hosts Susan LeBlanc and Najlaa Rauf congratulating several students on competition results and announcing Brock’s Entrepreneurship Week.Entrepreneurship Week is being led by Brock University Students’ Union in partnership with BioLinc, NcTakeOff and the Niagara College Student Administrative Council. As part of the week’s schedule, BioLinc’s Blueprint competition is taking place on Wednesday, March 23 in Guernsey Market. Register for this event online.Innovation Matters and Monster Pitch are also happening this week, both on Tuesday, March 22. The public is invited to attend Innovation Matters from 11 a.m.-12 noon at the FirstOntario Performing Arts Centre. The event features a panel discussion with Jim Treliving, one of five judges on CBC’s Dragons’ Den and chairman and owner of Boston Pizza International Inc., Bruce Croxon, co-host of BNN’s The Disruptors and CEO of Round 13, Deborah Rosati, corporate director and co-founder of Women Get On Board, and Jason Sparaga, co-founder and co-CEO of Spark Power Corp. and founder of Spara Capital Partners. The four business experts will talk openly about all things innovation and entrepreneurship. Tickets for this event are $10 and all proceeds support Junior Achievement Canada.Monster Pitch is a student pitch competition hosted by the Brock Innovation Group. The Innovation Matters panelists will stay to judge the competition which takes place from 1-4:30 p.m., also at the FirstOntario Performing Arts Centre. Students wishing to attend can purchase tickets for $10.Tickets for both Innovation Matters and Monster Pitch are available through the FirstOntario Performing Arts Centre website or box office.Congratulations are in order for Amanda Giesen, Mohamad Hamade, Ashley Howard and Gerda Kruckauskaite who represented the Goodman School of Business in Victoria, B.C. this past weekend at the Royal Roads University International Undergraduate Case Competition.Congratulations continue with LeBlanc and Rauf announcing Tom Andriopoulos as the winner of Brock Finance and Investment Group’s Stock Pitch Challenge, Jennifer Philpott and Kenneth Kooring as the winners of the Goodman Human Resource Management Association’s HR 101 competition, Mohamad Hamade, Gerda Kruckauskaite and Mikayla Zolis as winners of the Goodman Accounting Students’ Association’s Goodman Consulting Competition and Jennifer Philpott as the recipient of the Co-op Student of the Year award.This is the latest in the Good Morning Goodman series which updates the Goodman School of Business community weekly on important news and events.0:31 – Entrepreneurship Week0:58 – Innovation Matters2:07 – Monster Pitch3:06 – Congratulations to RRUIUCC Team3:34 – Congratulations to BFIG Stock Pitch Challenge winner4:10 – Congratulations to HR 101 Competition winners4:23 – Congratulations to Goodman Consulting Competition winners5:10 – Co-op Programs Office’s Tax Clinic5:53 – Instagram Takeover – Shazeda Ly6:19 – Congratulations to Co-op Student of the Year Jennifer Philpott6:50 – SAA Jumpstart Ball Hockey Tournament7:05 – Goodman Student Leadership Retreat read more

Matta Buckeyes not bothered by shaky road results

The Ohio State men’s basketball team has been a dominant force at home and has an opportunity to go undefeated at the Schottenstein Center this season.Unfortunately for the Buckeyes, the Big Ten Tournament and NCAA Tournament are away from OSU.  “Going on the road is battle testing,” junior David Lighty said. “Seeing where your team’s mind is gets you ready for the tournament because you never know where you are going to play.”Despite its unblemished home record, the Bucks are just 2-5 on the road and 1-1 on a neutral court. With four of their final seven regular-season games on the road, including games at Michigan State and Illinois, the Buckeyes will have to have success away from home to have any chance at a regular season Big Ten Championship.Lighty said the team tries to imagine it is always playing in Columbus.“We try to treat it like home games, but it’s hard to do with all the opponent fans chanting and going crazy,” Lighty said. “Coach talks about us keeping that same mindset and being prepared for all the situations that happen on the road.”One problem for the Buckeyes is their lack of offensive production on the road. For a team that has eclipsed the 100-point barrier three times this season, it has only scored 70-plus points once away from home, in a 77-73 loss to North Carolina at Madison Square Garden. Coach Thad Matta said the Buckeyes don’t try to change too much on the road. “You are who you are,” Matta said. “We don’t attempt to reinvent the wheel going into a different opponent. “Road games are a big testing ground for the conference tourney and NCAA Tournament. While the Big Ten Tournament is located in Indianapolis this year, if Ohio State were to make the field of 65, the closest opening round site to Columbus would be in Buffalo, N.Y.   “My freshman year we played in San Antonio during the tournament and we could have played Texas A&M, which would have been like a home game for them,” Lighty said. “All the road games we played up to that point prepared us for that situation and you just have to take it in stride.”Junior Evan Turner said that while he knows how important it is to win road games, playing away from Columbus doesn’t bother him. “It prepares you for that tough environment,” Turner said. “Playing overseas in Serbia, that was a tough environment. So playing out here feels like Disneyland.”While the road has been far from a fairy tale for the Buckeyes, they understand how important winning road games are to move up the standings and gain experience for postseason play. But Turner says that they have to remember what’s being played, not where. “We’ve all been through these experiences,” Turner said. “So, you just pay attention to the game, not where you are playing at.” read more

Lawsuit filed by Rene Dupree last week against WWE regarding royalties from

first_img Too bad he can’t get royalties. After reading the last story I went back and watched some of his matches on the Network, for only 9.99! After watching a few I kinda wanted a refund (and I’m in my free month)! Twitter April 11, 2016 at 7:03 pm Facebook Clash of Champions Highlights: Luke Harper returns, Rollins/Strowman, Becky against Sasha The puntative class-action lawsuit filed against WWE last week by former star Rene Dupree (Rene Goguen) regarding unpaid royalties from the WWE Network has already been dropped after lawyers for Dupree pulled the lawsuit on Monday according to a report by The Wrestling Observer/Figure Four Online.A note of voluntarily dismissing the case to the U.S. District Court of Connecticut, where the lawsuit was filed last week, was officially sent dropping it officially. WWE attorney Jerry McDevitt noted last week that Dupree had signed a contract back in 2011 that “destroys his ability to bring these types of claims.”Recommended videosPowered by AnyClipRonda Rousey Highlighting WWEs ProblemsVideo Player is loading.Play VideoPauseUnmuteDuration 0:30/Current Time 0:02Loaded: 100.00%0:03Remaining Time -0:28 FullscreenUp NextThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Replay the list Live Podcast: Reviewing and discussing WWE Clash of Champions from Charlotte Poor Renee, he won’t get his $4.25 in royalties from the 10 seconds of footage he is in that nobody cares about watching. Comments are closed. WhatsApp Roman Reigns is in Remission Now Playing Up Next Now Playing Up Next Google+ Seth Rollins Defends WWE On Two Separate Occasions Wrestleview Live #65: Reviewing and discussing WWE Clash of Champions from Charlotte Pinterest April 12, 2016 at 1:37 pm remember kiddies, read before you sign. Now Playing Up Next Ronda Rousey Releases Mugshot After Arrest On WWE Raw Ronda Rousey April 11, 2016 at 7:01 pm Now Playing Up Next Vince 3 COMMENTS Dan Mortensen Mat Thompson Ronda Rousey Highlighting WWEs Problems Now Playing Up Next WWE Rescheduling San Jose NXT Videos Articles Adam Martin RELATED ARTICLESMORE FROM AUTHORlast_img read more

Hulk Hogan Triple H and many more names react to the passing

first_img May and Corbyn attend rememberance service Videos Articles Updated RAW Preview: Sasha Banks on The King’s Court, Elias to give a farewell performance R.I.P. King Kong Bundy…another great wrestling talent gone too soon. He will be missed, but he’s in good company now, like in this match…— Jerry Lawler (@JerryLawler) March 5, 2019 S&P 500 And Nasdaq Composite Close To Record Highs Now Playing Up Next Pinterest We send our deepest condolence to the family, friends and fans of King Kong Bundy.— NWA (@nwa) March 5, 2019 WWE celebrates Smackdown’s 20th anniversary on the first episode on FOX on October 4 WhatsApp Hate to hear about the passing of King Kong Bundy. He was so cool to me when I walked in that @WWE dressing room as an absolute nobody in 1986.— Mick Foley (@RealMickFoley) March 5, 2019 Now Playing Up Next Damn. RIP King Kong Bundy.I was barely 19 when I wrestled him.— Colt Cabana (@ColtCabana) March 5, 2019 Recommended videosPowered by AnyClipLIVE Ecuador pronto ad espellere Julian Assange dalla sua ambasciata a LondraVideo Player is loading.Play VideoPauseUnmuteDuration 0:50/Current Time 0:03Loaded: 100.00%0:03Remaining Time -0:47 FullscreenUp NextThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Replay the list I’m saddened by the passing of King Kong Bundy. Great guy, who I’ve known most of my career. RIP my friend.— Ted DiBiase (@MDMTedDiBiase) March 5, 2019 Julian Assange Facebookcenter_img Saddened to hear of King Kong Bundy’s passing. A WrestleMania attraction, a true big man and a fan-favorite of the @WWE Universe. My thoughts are with his family at this difficult time.— Triple H (@TripleH) March 5, 2019 Adam Martin RELATED ARTICLESMORE FROM AUTHOR Twitter Google+ Ecuador pronto ad espellere Julian Assange dalla sua ambasciata a Londra Now Playing Up Next King Kong Bundy died Monday.We’ll never forget his visit to ESPN.— SportsCenter (@SportsCenter) March 5, 2019 Now Playing Up Next Here are some tweets of various wrestling personalities reacting to the news of King Kong Bundy passing away on Monday. Bundy was 61 years old.Overwhelmed by King Kong Bundy’s passing, only great memories,R.I.P. big man until we meet again. HH— Hulk Hogan (@HulkHogan) March 5, 2019 Videos Articles LIVE Ecuador pronto ad espellere Julian Assange dalla sua ambasciata a Londra José Ángel Gurría Now Playing Up Next U.S. Open champ picks Jennifer Lawrence to play her WWE Smackdown Results – 7/30/19 (Trish Stratus appears, Finn Balor vs. Dolph Ziggler)last_img read more

Ministry of Foreign Affairs issues travel advisory for Miami and South Florida

first_img Four killed in plane en route to Provo; not natives South Florida records first cases of Zika virus Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppIn light of the reports of robberies of Bahamians in Miami and the south Florida area, the general public is again advised to exercise caution and care when travelling to South Florida.Bahamians visiting that area are advised to always travel around in groups and avoid remote and dimly lit areas.Do not leave valuables in your car at all as the reported break ins have been of valuables left in the trunks of cars. Additionally, travelers are advised to leave all travel documents including airline tickets, Police Certificates and passports in a secured place such as a safety deposit box at the hotel.Bahamians in need of assistance while in South Florida can contact the Miami office of The Bahamas Consulate General at the following address: Ingraham Building Suite 81825 South East Second AvenueMiami, Florida 33131Tel: 305-373-6295Fax: 305-373-6312END Related Items:bahamas consulate, bahamians, south florida Haitians gearing up for May Celebration in South Florida Recommended for youlast_img read more

Hallmark Data Systems Sold to EBSCO

first_imgEXCLUSIVESkokie, Illinois-based Hallmark Data Systems, a circulation fulfillment provider, has been sold to EBSCO, the world’s largest full-service subscription agency. The deal closed yesterday, says Ray Miller, Hallmark’s chairman.The Jordan, Edmiston Group represented Hallmark in the deal.Tinicum Capital Partners, a New York-based private equity firm, is the seller, and has owned Hallmark since 2003 when it purchased the company from SourceLink. Tinicum also owned Palm Coast Data before selling it to Allied Capital in 2005, which then sold it to Kable Media services in January 2007 for $92 million. “I feel grateful for what Tinicum did, which was to be a great owner and find us a really good fit,” says Miller, who describes the purchase as a change of ownership.Hallmark, which is 40 years old and services over 400 titles, is number-one in b-to-b publishing market share, says Miller.EBSCO, a print and electronic subscription manager and information services provider, has partnerships with over 79,000 publishers.According to Miller, Hallmark will remain in its Skokie headquarters.last_img read more

Walker replaces 2 on gas line board ahead of crucial vote

first_imgFormer Fairbanks North Star Borough Mayor Luke Hopkins has been appointed to the board of the Alaska Gasline Development Corporation. (Photo courtesy of the Governor’s Office)Gov. Bill Walker is once again shaking up the state’s gas line team.Download AudioOn Friday (Nov. 20), he replaced two of seven board members for the Alaska Gasline Development Corporation, or AGDC. That’s the entity that represents the state in the Alaska LNG project to bring natural gas from the North Slope.The announcement comes less than 24 hours before the board is set to take two crucial votes: first, on whether to approve the deal to buy out TransCanada. And second, on whether to continue the project for another year.Those votes are scheduled for 8:30 a.m. tomorrow (Saturday).Gov. Bill Walker has removed former Attorney General  John Burns from the AGDC board. (Photo courtesy of AGDC)Walker has removed former Alaska Attorney General John Burns, the board’s chairman. Burns’ seat will be filled by Luke Hopkins, who finished two terms as mayor of the Fairbanks North Star Borough in October.Walker also appointed Transportation Commissioner Marc Luiken to replace Commerce Commissioner Chris Hladick on the board.With these changes, six of the seven members have been appointed since the governor took office. Only Dave Cruz, of Palmer, remains of those board members appointed by former governor Sean Parnell. Cruz was reappointed by Walker in September.Walker spokesperson Katie Marquette says the governor wanted a municipal representative on the board. Before serving as mayor, Hopkins was a planning commissioner and borough assembly member in Fairbanks. He also served on the board of the Alaska Gasline Port Authority, a previous pipeline project championed by the governor.last_img read more

Angelina Jolie and Brad Pitts six children have grown closer post their

first_imgDivorce is always bitter and it usually affects the children. Brad Pitt and Angelina Jolie’s divorce was also quite nasty as their battle extended in front of the media. Basically, it was an ugly split. However, turns out the divorce has brought their six children closer.Maddox, 18, Pax, 15, Zahara, 14, Shiloh, 13, and twins Vivienne and Knox, 11, have all grown incredibly close ever since the divorce. Their closeness comes from the teachings of their A-list parents and they have inculcated the idea of staying close to the family.As per a report on, a source stated, “All of Angelina and Brad’s kids are extremely close,” and then added, “They’re all very caring and protective of each other. They have always been a tight unit, but their parents’ divorce made the bond between them even stronger. They still bicker sometimes, like all siblings do, but overall they get along really well.” Angelina Jolie with her childrenTwitter”Angelina really encourages that feeling of being a little tribe,” according to the insider. “She has group meetings so everyone can share their feelings. They do game nights, they read to each other; there is a lot of group time. Brad’s so close with his bother and sister (Doug Pitt and Julie Pitt Neal), so it’s something he wanted for his kids, too. He and Angelina are totally on the same page with that.” Their oldest son, Maddox, recently celebrated his 18th birthday and is leaving from home to study biochemistry in Seoul’s Yonsei University. Angelina Jolie and her son Pax arrive for the 75th Golden Globe AwardsVALERIE MACON/AFP/Getty ImagesIn her recent interview with Elle magazine, Jolie spoke about how she wants her daughters to develop their minds. “I often tell my daughters that the most important thing they can do is to develop their minds. You can always put on a pretty dress, but it doesn’t matter what you wear on the outside if your mind isn’t strong. There is nothing more attractive — you might even say enchanting — than a woman with an independent will and her own opinions.” We’ll see Jolie in Maleficent: Mistress of Evil which is all set to release in October.last_img read more

Street agitation if no understanding over polls BNP

first_img.BNP senior leader Khandaker Mosharraf Hossain on Tuesday warned that their party will wage a street agitation if the government fails to reach an understanding over holding the 11th parliamentary polls under a neutral government, reports UNB.”People won’t accept if the government again tries to hold a 5-January 2014 election ignoring our demand for having a non-party election-time neutral administration. People will take to the streets to realise their demand,” he said.Mosharraf, a standing committee member Bangladesh Nationalist Party (BNP), came up with the remarks while speaking at a discussion arranged by Jatiyatabadi Jubo Dal at the Institution of Engineers, Bangladesh, marking the 53rd birthday of BNP senior vice chairman Tarique Rahman.Mentioning that prime minister Sheikh Hasina in 1996 had said that no fair election can be held under a partisan government, he alleged that she is now denying it in her own interest. “People are now worried about the next election process.”The BNP leader said their chairperson Khaleda Zia will unveil the framework of the election-time supportive government at a suitable time. “We would like to call upon the government to take steps to hold the next polls in a credible manner with the participation of all parties accepting our framework.”He said the government wants to hang onto power through a stage-managed election after convicting BNP chairperson Khaleda Zia and the party’s senior leaders as it has got sacred of facing a debacle in fair polls.”I would like to say it clearly that people won’t allow the government to hold the next polls under Sheikh Hasina,” the BNP leader added.He also urged the government to create a level-playing field from now on to ensure a proper election atmosphere and the participation of all parties in the general election.Speaking at the programme, BNP vice chairman Barkatullah Bulu said the government can publish a list of their party leaders whom they want not to take part in the next polls. “Then we’ll put our second or third category of leaders as candidates to contest the election against you. Even after that, you won’t get more than 50 seats.”He also said people will not allow anybody to hold any election in the country keeping Khaleda out of the race.last_img read more

Morocco inaugurates tourist office in New Delhi

first_imgMohammed Sajid, Minister of Tourism and Air Transport of the Kingdom of Morocco, announced the opening of first tourism office in New Delhi, India, recently. Morocco in an endeavour to double its tourist footfall from India by 2019, has set up a full-fledged Moroccan National Tourism office in New Delhi as the first step towards promotion of Morocco as a desirable destination for Indians.”This office will help us in planning various strategic promotional and awareness programs to tap the robust tourism sector in India”, the minister said. He further stressed that Morocco is keen to enhance its cooperation with India in the tourism sector, in harmony with its new orientation towards emerging as a preferred destination outside the traditional asian tourist market.” Also Read – Add new books to your shelfMoroccan-Indian relations are getting stronger, as Morocco prepares to implement several measures to welcome more Indian tourists in 2019. Tourism remains a vital pillar of the Moroccan economy and the country’s second biggest employer after agriculture, while India is the fastest growing outbound market after China with UNTWO predicting 50 million travelers by 2020. With 7% GDP global growth rate, rising personal income levels and changing lifestyles and a huge middle class with the availability of low-cost airfares and diverse travel packages, India is rapidly Also Read – Over 2 hours screen time daily will make your kids impulsivebecoming one of the fastest growing outbound travel markets in the world. Indian tourists are among the world’s highest-spending globetrotters. Their spending power has been estimated to be four times that of the Chinese and Japanese. Mohammed Sajid, Minister of Tourism, Air Transport, Handicraft and Social Economy of the Kingdom of Morocco, is on an official visit to India, along with an important delegation including Adel El Fakir, Director General of the Moroccan National Tourism Office, Imad Barakka, Director General of Moroccan Society of Tourism Engineering, Zakaria Belghazi, Director General of Civil Aviation and Fatima Zahra Jabri, Head of the Department of Partnership in Royal Air Maroc.last_img read more

Boost App Sales by Making the Most of the Holidays

first_img Register Now » Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Growing a business sometimes requires thinking outside the box. December 16, 2013 4 min read Everyone in general is looking forward to the holidays, but you, the mobile app entrepreneur in particular, should be more than excited.The holiday season is a season of giving, gifting, buying and indulging. The proof is in the pudding, as Flurry estimates suggest that 17.4 million iOS and Android devices were activated on Dec. 25, 2012.And what’s a new phone without apps? On Christmas Day alone last year, new records were set when 328 million apps were downloaded worldwide for iOS and Android devices.It’s anybody’s guess what’s going to happen this year with the recent launches of iOS and Android devices creating quite a stir in the market.So you, the developer, have much to look forward to. But don’t sit back and expect people to flock to your app. Make changes and promote it to capitalize on this once-in-a-year opportunity. Here’s how.Go crazy with promotions or marketing. Whatever you’ve been doing to market your app, do it 10 times over. This is the season to make the most of, so get your A-game out.Related: 25 Creative Ways to Promote Your App For FreeCustomize your app, description and screenshots. If it ties in well with your app, go ahead and create a special holiday version or simply update it with holiday season backgrounds (think snow falling over a beautiful landscape marked with Christmas trees). If not, simply update the description to talk to holiday season shoppers and update the screenshots of your app that showcase the glee of the holidays.People naturally turn to all things associated with the holidays and this will make them more likely to download your app.Limited-time discount or free offer. If you’ve got a paid app, consider discounting the price during a certain period of the holidays, and certainly during Christmas week. You could also go all out and offer it completely free to the users. In return, you’ll have high potential for word-of-mouth publicity and an opportunity for press and blog mentions on your promotion. WhatsApp messenger was offered for free for a limited time during the holidays in 2011 and 2012.Related: How to Make Your Mobile App Stand Out in the Ever-Expanding App Market12 days of Christmas. Run a promotion on your social media channels such as Facebook or in the offline world where you give certain people your paid app as a gift every day. If your app is free, then you can gift them an amount they can redeem on the app store for movies, songs or apps. In the iTunes store, go to the bottom of the page and tap ‘Send Gift.’ Select the amount and type the email addresses of the people you wish to send the gift to. This will draw a lot of attention and publicity to your app. Google Play gift cards are available at retailers such as Walmart, Target and Sam’s Club at their outlets or through their websites.Gift virtual goodies. If your app falls in the freemium category, you can offer users a free pack of coins or some relevant virtual goodie that otherwise they would have to pay for. The idea is to generate word of mouth, which is the best way for your app to get accelerated downloads.Customize advertising. If you’re advertising your app on social channels or on other apps, customize it to suit the holiday season, not just in terms of the design, but also in terms of the messaging. For instance, pitch your app as the perfect gift to give to their friends and family.And remember to make changes before Dec. 21, when Apple shuts down iTunes Connect through Dec. 28. There are no approvals on updates, price changes or new releases during that time.Happy holidays! Related: The Psychology of Discounts and Deals (Motiongraphic) Opinions expressed by Entrepreneur contributors are their own.last_img read more

Youre Probably Not Even Thinking About One of Social Medias Biggest Dangers

first_img Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Register Now » 4 min read Opinions expressed by Entrepreneur contributors are their own. Social media platforms allow us to stay connected to family and friends that we don’t get to see every day, but they also allow hackers and identity thieves to gain access to our personal information. In the last few years, there has been a rise in identity theft cases that started from social media platforms.Related: Your Cyber-Enemy May Not Be the Person You SuspectIt’s critical that individuals practice safe and smart social media use to protect not just themselves, but also their businesses and their customers. Beware of these three common mistakes that can lead to your personal information being compromised, and learn ways to proactively protect your identity from being stolen:Avoid oversharing.When people start sharing information with the public, it can open up doors for the information to be used against them. Details like full name, date of birth, hometown and even school locations and dates of graduation can become dangerous in the wrong hands. Social media platforms typically require your name and your date of birth, but most platforms will give you the option to not make the information shareable.Beyond basic information, be careful about what you post. Of course, you should not share your debit/credit card and social security numbers with people online, but images can be dangerous, too. A few examples would be things like posting a picture of your new car and not covering your license plate number or sharing event details that contain your home address. If these get in the hands of someone you don’t know, that person could use the information to steal your identity.Restrict application permissions to your social media accounts.When you download a new application that gives you the option to log in with a social media platform instead of using an email address, you are giving the app the rights to your information that has been collected on the platform. You might not think anything of it or that it would impact you in a negative way, but as we saw with the Cambridge Analytica data scandal, third parties have been able to gain access to information on social media users without their knowledge.Related: The Latest Thing You Need to Worry About Cybercriminals Hacking? Your Voice.Use careful consideration when granting access to any application, regardless of its stated intent. Even if the app itself is benign, a hack or data breach could leave your personal information out in the open. And the more applications your social channels are linked to, the more vulnerable your information is to being hacked and used inappropriately. Make sure to review the settings on your social media accounts, including the permissions for apps, and delete applications that you no longer use.Update security functions regularly.Changes to websites and applications happen often, and it is never a bad idea to monitor the security functions on different platforms to ensure that your information is protected. You should have a clear understanding of what the default security settings are and how to change them so that information is only shared with the audience you choose. Many people are surprised when they learn how broadly visible their information is by default on social media; you don’t want to be caught unaware when your personal information is at stake.In addition to security functions, you should consider changing your password frequently and avoid using the same password across different accounts. A rogue hacker tweeting from your profile might not make you sweat, but what if that person then also had access to your bank accounts and healthcare data? If someone was able to gain access to an account with a shared password, they will have a lot of information about you that they can use to steal your identity.Related: How to Protect Your Personal Brand’s Website From a Cyber AttackHow can you protect your information?Before you start shutting down all social media platforms because of fear of identity theft, there are a few more things that you can start doing now to protect yourself. Only follow or friend people that you know, and be mindful of what you post and share. When accessing accounts in public spaces, make sure to log out when finished and delete any browsing history. Lastly, never give out your social security or credit card number to any person or business unless it is legally mandatory (as with an employer for tax purposes or when applying for certain federal benefits).Identity theft is something that individuals should be vigilant about, but it doesn’t need to be a burden. Keep best practices in mind so you can still enjoy the positive benefits of social media and protect your information from the bad guys. Growing a business sometimes requires thinking outside the box. September 27, 2018last_img read more