Hays fees up in overseas boost

first_img Show Comments ▼ whatsapp whatsapp Hays fees up in overseas boost Thursday 7 April 2011 4:26 am Tags: NULL Share British recruitment group Hays posted a 16 per cent jump in net fees, led by its strong international business and said its outlook remained positive in nearly all its markets outside of the UK public sector.Hays, which specialises in placing office workers such as accountants and secretaries, said on Thursday it had seen excellent growth in continental Europe, South America and Asia for the third quarter to the end of March, 2011.In the UK, an 18 per cent rise in net fees in the private sector was offset by a 37 per cent drop in the tough public sector.Hays said the combined impact of the natural disasters in Australia, New Zealand and Japan was estimated to have reduced group net fee growth by one per cent this quarter.The company, which generates nearly two thirds of its business from outside the UK, had reported a 23 per cent rise in first half net fees in February, driven by strong performances in Asia Pacific and Europe. More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org John Dunne last_img read more

Targeted training

first_img Tags: Online Gambling Continuous learning is a lynchpin of great business practice, but training for the sake of it will never get the desired effect. Totally Gaming Academy head of education and training Andrew Spencer identifies three questions to ensure you’re giving the right training to the people that need it With so much training on offer, it can be difficult to sift through the learning opportunities for staff and select the ones that are most likely to further your business. Appraisals can be a good opportunity to identify the needs of individuals, but these still need to be weighed against the priorities of the business.We’ve all been privy to company-wide emails proffering “the scheduling of a two day course to be made available to all current and aspiring managers in our company,”  titled the 21st Century Manager,  for example.Usually, these are the result of one of two situations, HR has booked a trainer for a day and needs to fill the places to justify the fee, or a senior managers thinks s/he’s found a panacea in management thinking and wants to run a session on it so people have to fill it.In either case, HR has tried to do the right thing and make sure that the company training plan is a coherent mix of the training required from around the organisation. Whether it be essential compliance, health and safety or the strategic management development programme.The result is a carefully compiled timetable of scheduled courses and programmes.The flaw in the process isn’t usually HR’s consolidation of training requirements, but management‘s approach to deciding on the needs. HR is usually simply responding to management’s wish list.Pinpointing the need There should be three primary concerns when pinpointing the training needs of your organisation: • What are the business’s priorities? • What issues are confronting the business and sector at the moment? • What does your annual training plan identify as key skill development needs across teams?All too often HR publicises the available provision and managers pick from the list, often forgetting to refer to the appraisal outcome, which would help to match the two together.  There’s then pressure to populate the courses commissioned, and so the pleading email comes around. As I’m sure HR will also attest, the identification of training needs during appraisals is too often a tick-box exercise, and an after-thought.The training needs summarised on the appraisal form fall under the ‘any other business’ section at the end of the meeting.I’ve been in frequent dialogues with sales and business development colleagues on how to approach prospective clients about their training needs.  We’re a training provider – our brochure and website can be a sweet shop of different options if we’re not careful. But I’ve been on the other side of the fence too – bombarded with course calendars. So when I’m confronting providers I tell them what my business training needs are first. The response is often desultory – ‘pick from the menu’.This brings me back to the three primary concerns outlined above. Relying on those structured questions as prompts; two very significant clients have provided a long term forward plan of training requirements, encompassing a mix of open courses from the menu and in house training.It’s good for our business and allows plenty of time to tailor the in-house against the client requirement. The spin off benefit for us is market intelligence to inform future programmes and content, alongside future commitment to business.For example, we offer no training until the trainer has spent three days reviewing workplace practice – a needs analysis – before building the client’s requirements into the course. The appraisal remains the right place to discuss the individual training needs linked to the business need, but it should not be looked at as a ‘wish list’ from the sweet shop.Avoid becoming distracted by the appraisal form, and what boxes need to be filled.  Fill it in later and concentrate on the discussion – learning needs, linked to a business plan and an individual’s targets. Let the need drive the training not the calendar and the courses.Totally Gaming Academy runs courses on a number of disciplines for the igaming industry. Email Address People Totally Gaming Academy head of education and training Andrew Spencer highlights the importance of identifying training needs in the context of both individuals and the business as a whole 31st May 2018 | By Stephen Cartercenter_img Targeted training Topics: People Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Plastic Industry Mauritius Limited (PIM.mu) 2012 Abridged Report

first_imgPlastic Industry Mauritius Limited (PIM.mu) listed on the Stock Exchange of Mauritius under the Paper & Packaging sector has released it’s 2012 abridged results.For more information about Plastic Industry Mauritius Limited (PIM.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Plastic Industry Mauritius Limited (PIM.mu) company page on AfricanFinancials.Document: Plastic Industry Mauritius Limited (PIM.mu)  2012 abridged results.Company ProfilePlastic Industry Mauritius Limited is a company headquartered in Ebene, Mauritius and engages in the manufacturing of plastic products for domestic and industrial purposes destined for local and regional markets. Plastic Industry Mauritius Limited designs products for distribution in the including industry, pharmaceuticals, cosmetics, and food processing and households sectors. Plastic Industry Mauritius Limited is listed on the Stock Exchange of Mauritius.last_img read more

Six Nations Team of the Week

first_img The wild and wacky era of bonus points in the Six Nations kicked off at the weekend and, well, nothing really changed.No try bonus points were awarded and although two losing bonus points were picked up, the competition looked no different to the tight and compelling fixtures that we have become accustomed to.Traditionalists have been placated, progressives remain hopeful, and now we can all just get on with enjoying the rugby.We take a look at the standout performers from the opening round below, make some way-too-soon British & Irish Lions calls and assemble a XV of the week…15. Stuart Hogg, ScotlandThe Scottish full-back moved one step closer to securing the Lions 15 jersey with a classy and complete performance at Murrayfield. His two tries were just reward for an outing filled with attacking endeavour, mastery of any contested aerial balls that came his way and a more-than-solid defensive showing.France’s Scott Spedding had one of his best games in a blue jersey but ultimately it was an easy decision to plump for Hogg here. Will it be so easy for Warren Gatland in the summer?14. George North, WalesEven after picking up an early leg injury and seeming to be holding his elbow at points throughout the game, Wales’ bionic man rose to the fore and had one of his better games at Test level for some time.The Italians struggled to contain his power in the wide channels and whilst it was concerning to see him limping at times during the match, we can draw succour from the fact it was not an injury involving North’s head, something which has plagued him in recent years.13. Jonathan Joseph, EnglandWhilst Joseph’s offensive performance didn’t catch the eye in the same fashion as Jonathan Davies’s second-half explosion in Rome did, it was his disciplined defensive duties which won him the nod here and certainly proved vital to England’s win.All-court player: Jonathan Joseph kicks through v France but it was his defensive work that stood outElliot Daly’s transition to the wing is a work in progress – particularly defensively – and Joseph is aware of this, biding his time in defence, shifting assignments as the ball is moved and often covering multiple attackers. It may not show up in any statistic but Joseph kept England in that game when they were severely under the cosh.12. Owen Farrell, EnglandComfortably England’s standout player on Saturday, Farrell is not only cementing his reputation as one of the best players in the world but also forcing Gatland’s hand with complete performances, week after week.George Ford had a poor game by his standards and this put the pressure on Farrell to take over the back-line from inside-centre and then later at fly-half, where he assisted the game-winning try for Ben Te’o. His open-field tackle on a marauding Louis Picamoles wasn’t bad, either.11. Virimi Vakatawa, FranceThe Fijian-born wing was the most potent weapon in the French back-line on Saturday. His effectiveness was only negated by England’s clear plan of kicking to him as an exit strategy and limiting his impact with an effective kick chase by Jonny May and Maro Itoje.Even with this in place, Vakatawa still caused plenty of problems to May and if France’s midfield can regularly deliver the ball to him in space and situations where he is one-on-one with defenders, he will continue to light up the championship.French jewel: Virimi Vakatawa, here testing Nathan Hughes, sparkled at HQ (Icon Sport/Getty)10. Sam Davies, WalesDavies’s introduction from the bench proved the catalyst in Wales’ resurgent second-half performance in Rome and he couldn’t have done much more to warrant consideration for a starting spot this weekend.The Welsh centres looked far more incisive running on to Davies’s passes and the young fly-half ran the line with aplomb, using decoy runners more effectively than any Welsh 10 since Stephen Jones.9. Baptiste Serin, FranceIf France could divert some of their prodigious scrum-half production into their fly-half stocks, what a Test-playing nation they would be.Serin shone in his first Six Nations start, delivering the tempo and distribution that most teams clamour for. Unfortunately for France, they aren’t necessarily the best-suited team to play at tempo, particularly in their tight five.Ben Youngs’s pinpoint box-kicking also deserves a mention, given how critical it was in England’s narrow win. Big brother: Richie Gray outshone younger sibling Jonny in a stirring Scottish display (Getty Images) Alex Shaw casts his eye over the standout performers from round one of the Six Nations LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALScenter_img 1. Jack McGrath, IrelandAnother very solid outing from McGrath, who enjoyed a good deal of success against fast-rising tighthead Zander Fagerson.He may not offer as much in the loose as Mako Vunipola or international and provincial team-mate Cian Healy, but McGrath is surely one of the names already pencilled into Gatland’s touring squad, such is the reliability and consistency he gives his teams at the set-piece.Irish muscle: Jack McGrath and (left) Tadgh Furlong should both tour with the Lions (Inpho)2. Ross Ford, ScotlandFord was called upon early after Fraser Brown left the game against Ireland with injury and the veteran hooker did not disappoint with his performance.The lineout continued to function well and his defensive commitment in the loose was extremely impressive, as Scotland withstood significant Irish possession and territorial advantages.3. Tadgh Furlong, IrelandJust like McGrath, Furlong delivered at the scrum for Ireland and is another player pencilling himself into Gatland’s summer plans purely because of the advantage he can give you in the confines of the set-piece.He tore into Allan Dell at the first couple of scrums and though the South African-born loosehead recovered well and held his own after that, it was not an area where Scotland were able to manufacture any kind of an advantage over Ireland.4. Richie Gray, ScotlandYounger brother Jonny may, rightfully, be drawing more global acclaim of late, but it was the older brother who really stepped up in a dogged and hard-fought encounter at Murrayfield.Both Richie and Jonny recorded over 20 tackles apiece but it was Richie who seemed to take the lead, organising the defence during repeated Irish barrages º particularly around the fringes – and getting up on multiple occasions to muddy the Irish lineout.5. Alun Wyn Jones, WalesIt was never really in doubt but the experienced lock showed no signs of wilting under the pressure of captaincy. He helped rally Wales after their dire first-half performance and was at the centre of the front-foot ball his side delivered.Courtney Lawes deserves a mention for an effective showing at Twickenham, particularly his momentum-shifting tackle on Serin, but Jones’s ball-carrying wins him the day here.6. Sam Warburton, WalesThere is clearly no bitterness or resentment from Warburton for that captaincy switch, as the flanker got his head down and put in a very impressive performance at the Stadio Olimpico.Impressive: Losing the captaincy could bring out the best of Wales back-row Sam Warburton (Getty)The turnover he won just before the interval drew plenty of praise – denying Italy an opportunity to extend their lead – and it was an example of the effective work he did at the breakdown all game long. He also brought more of a carrying presence to the pack than he has done previously.7. Hamish Watson, ScotlandAnother Herculean defensive performer for Scotland, Watson’s non-stop motor ensured he was affecting play throughout the game against Ireland, both in attack and defence.John Hardie arguably brings more at the breakdown and Cornell du Preez is a more prolific attacking player, so turning in this kind of a performance was significant for Watson as he looks to nail down a spot in in the Scottish back row.8. Louis Picamoles, FranceThe situation will look better once Taulupe Faletau and Billy Vunipola return, but what Gatland would give for a bending of old traditions and the ability to select this man to tour New Zealand.Picamoles was outstanding for France on Saturday, looking markedly fitter than all of his forward colleagues, and he rampaged through England’s defence multiple times. In fact, Picamoles had more metres with ball in hand than the whole of the England pack combined and very few of these were freebie metres, clocked up when running into open space. They were hard-earned.King Louis: France No 8 Louis Picamoles made more metres than the entire England pack (Getty)For the latest Rugby World subscription offers, click here.last_img read more

TR House / PMMT

first_imgArchDaily TR House / PMMTSave this projectSaveTR House / PMMT Spain 2015 Photographs “COPY” Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/803827/casa-tr-pmmt Clipboard TR House / PMMT Save this picture!© Pedro Pegenaute+ 22 Share Author Architects:Patricio Martinez, Maximià TorruellaArchitects:Sara Garcés, María Arau, Rita Barata, Ester Badia, Carlota Laucirica, Beatriz Cases, Laura Bosi, Lourdes Vidal-RibasStructures:Laia Picarín, Marta FarrúsInstallations:Alberto LopezMeasurement & Budget:Ricard BalañáTeam:Alex Herráez, Joana Cornudella, Luis GotorCity:BarcelonaCountry:SpainMore SpecsLess SpecsSave this picture!© Pedro PegenauteText description provided by the architects. TR House Barcelona is a single-family house with a compact morphology. Its shape is the answer to the limitations presented by the pre-existing conditions, combined with an innovative solution and with solid functionality criteria. In light of the urban planning constrains of this site and once it is situated on a depressed area, we had to solve an accentuated slope between the main entrance and the access to the house, creating two levels of access; one inferior and one intermediate. Trough slopes and ramps that establish different relations between the landscape, the house and its interiors, we’ve tried to minimize the big impact of the gap between the main entrance and the lower part of the site.Save this picture!© Pedro PegenauteThe result is a 13,00m x 13,50m three-storey cube-shaped volume, placed on a lower level than the street, that tries to establish a visual relationship with the creek that delimits the site, at the same time as it integrates itself visually with the landscape and with the surrounding higher buildings. The volume is organized in a way that gives response to the users’ needs, creating a central axis from which you can access the several rooms and that guarantees, at the same time, privacy from the street and neighbours, and a visual relationship with the natural environment. In the opposite direction of this axis, the house seeks to merge with the verdant surroundings.Save this picture!© Pedro PegenauteThe image of the building aims to respond to the defined functional needs. On one side, an outer envelope made of vitrified ceramic tiles, assembled on a stainless steel wired net, giving response to the need to merge with the green surroundings. Within a range of greens, we’ve worked with four different tones to obtain de same shades that one observes on the surrounding landscape during the four seasons of the year, creating the required merging feeling. By this ceramic curtain we were able to solve 4 plans that in architecture are normally solved in separate ways: the facade, the pergola, the curtain walls and the roof.Save this picture!© Pedro PegenauteSave this picture!DiagramSave this picture!© Pedro PegenauteOn the other side, the facades where all the rooms are open to, respond to visual and privacy settings, which connect or hide the inhabitants with the surroundings. The resulting solution is a facade created with chestnut wooden slats, which have openings that where strictly dimensioned according to lighting needs and comfort of the users. In these opening areas one can find a hidden system of adjustable horizontal aluminium slats that allow the user to control solar incidence and to provide greater comfort levels.Save this picture!© Pedro PegenauteSave this picture!Floor PlansSave this picture!© Pedro PegenauteThe outside platforms are stitched in a way that connects the different access areas located different heights, with a cobblestone ramp made with granite pieces interpolated with small grass areas.Save this picture!© Pedro PegenauteOn the exterior side that is open to the landscape, a large wooden platform has de function to lengthen the living/dining room area, extending it to the outside, creating a nice outer living space, under the shade of trees. This platform also gives access to the back part of the house, establishing an interesting circuit flow.Save this picture!© Pedro PegenauteDue to its morphology and topography, the trapezium shaped site exposes a heavy slope on the tip that is closer to the creek. In this area, further away from the street, a playing area is generated. The pronounced slope is solved with a wooden platform sequence that establishes a dialogue between the house and the garden, once the platforms are made with the same type of chestnut wood that one can find on the facade. The proportion and disposition of the wooden pieces are the same, both on the facade and on the exterior platforms.Save this picture!SectionTherefore, the TR House Barcelona represents an innovative fully-functional exercise that achieves a clear dialogue with its surroundings at the time as it gives an answer to the changing needs of its users.Save this picture!© Pedro PegenauteProject gallerySee allShow lessAD Classics: Park Hill Estate / Jack Lynn and Ivor SmithArchitecture ClassicsApartment House Prenzlauer Berg / Barkow LeibingerSelected Projects Share Photographs:  Pedro Pegenaute Manufacturers Brands with products used in this architecture project Area:  506 m² Year Completion year of this architecture project CopyHouses•Barcelona, Spain Houses Architects: PMMT Area Area of this architecture project Manufacturers: Technal, Parquets Nadal, Flexbrick, Font Fusters Products translation missing: en-US.post.svg.material_description Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/803827/casa-tr-pmmt Clipboard “COPY” CopyAbout this officePMMTOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesBarcelonaSpainPublished on January 27, 2017Cite: “TR House / PMMT” 27 Jan 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemPlasticsMitrexSolar SidingMetal PanelsAurubisCopper Alloy: Nordic RoyalSystems / Prefabricated PanelsKalwall®Translucent WalkwaysPanels / Prefabricated AssembliesIsland Exterior FabricatorsSpecialty Facade SystemsLightsLouis PoulsenLamps – LP Slim BoxWoodBruagAcoustic Panels with LEDTiles / Mosaic / GresiteHisbalitMosaic Tiles – Palm SpringsMineral / Organic PaintsKEIMBlack Concrete – Concretal®-BlackSuspension SystemsMetawellAluminum Panels for Smart CeilingsDoorsGorter HatchesFloor Door – Fire RatedBricksDEPPEWaterstruck Bricks – 1622/1635ekws DFMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Opposition journalist gunned down in central Kiev

first_img(Photo: Volodymyr Shuvayev / AFP) News Crimean journalist “confesses” to spying for Ukraine on Russian TV News UkraineEurope – Central Asia Help by sharing this information February 26, 2021 Find out more March 26, 2021 Find out more News Receive email alerts RSF_en Ukrainian media group harassed by broadcasting authority Ukraine escalates “information war” by banning three pro-Kremlin media to go further Follow the news on Ukraine Organisation News UkraineEurope – Central Asia April 16, 2015 – Updated on January 20, 2016 Opposition journalist gunned down in central Kiev Reporters Without Borders firmly condemns opposition journalist Oles Buzina’s murder shortly after midday today in central Kiev. Police said they were looking for two masked individuals who shot him from a moving car and then sped away.Aged 45, Buzina was known for his pro-Russian views and opposition to the government established in Ukraine after the Maidan Square revolution of February 2014. He regarded the Russian, Ukrainian and Belarusian peoples “as one,” opposed the construction of a Ukrainian national identity, and advocated Ukraine’s federalization. He worked for many Russian news media and was briefly the editor of Segodnya, a daily owned by Rinat Akhmetov, a very wealthy businessman.“The Ukrainian authorities must do everything possible to quickly identify the perpetrators and possible masterminds of this murder,” said Johann Bihr, the head of the Reporters Without Borders Eastern Europe and Central Asia desk“The investigators must consider all possible scenarios and follow up all leads without their work being affected by any politicization of the case. It is now or never if the police and judicial authorities want to demonstrate that they have ended the culture of impunity.”Buzina’s murder came just one day after Oleh Kalashnikov, a former legislator and supporter of deposed President Viktor Yanukovych, was fatally shot outside his Kiev apartment.Russian President Vladimir Putin lost no time in describing Buzina’s death as the “latest political killing” in Ukraine, while Ukrainian President Petro Poroshenko described the two deaths as a “deliberate provocation” designed to destabilize the country. September 7, 2020 Find out morelast_img read more

News website editor gunned down in Mogadishu

first_img January 8, 2021 Find out more RSF requests urgent adoption of moratorium on arrests of journalists Radio reporter gunned on city street in central Somalia News News March 2, 2021 Find out more September 10, 2015 – Updated on January 20, 2016 News website editor gunned down in Mogadishu News to go further Organisation RSF and NUSOJ call for release of a journalist held in Somalia’s Puntland region Help by sharing this information RSF_en SomaliaAfrica February 24, 2021 Find out more SomaliaAfrica Receive email alerts Africa’s deadliest country for journalists in recent years, Somalia is ranked 172nd out of 180 countries in the 2015 Reporters Without Borders press freedom index. Reporters Without Borders is shocked and saddened to learn that Abdullahi Ali Hussein, the editor of the English-language section of the Somali online newspaper Waagasucub, was gunned down in the Mogadishu district of Dharkenley on 8 September.Also known by the pseudonym of Ano Gel, he was shot by unidentified gunmen who followed him as he left a mosque. He told a colleague last week that he had received telephone threats. No group has claimed responsibility but the way he was killed matches the methods used by Al-Shabaab, an Islamist militia responsible for murdering many journalists in the past.“Yet another journalist has been murdered in Somalia, a country where at least 37 media personnel have been killed in connection with their work in the past five years,” said Clea Kahn-Sriber, the head of the Reporters Without Borders Africa desk.“The Somali authorities must at all costs protect journalists instead of impotently standing by as the violence takes its toll. We urge the government to immediately launch an investigation aimed at identifying those who murder journalists and bringing them to justice.”Hussein had worked for years for Waagacusub, which often criticizes the situation in Somalia. As well as editing the English-language version, he also wrote sports stories. A reporter for another outlet said Waagacusub’s journalists have often been threatened in connection with their coverage of terrorism and corruption. Follow the news on Somalia Newslast_img read more

[AGR Case] Concerned That AGR Dues Will Be ‘Wiped Out’ In The IBC Process: SC

first_imgTop Stories[AGR Case] Concerned That AGR Dues Will Be ‘Wiped Out’ In The IBC Process: SC Sanya Talwar20 Aug 2020 9:22 AMShare This – xThe Supreme Court on Thursday remarked that it was wary of AGR-related dues owed to the Government being wiped out in light of the insolvency proceedings initiated by Telecom Companies. A bench of Justices Arun Mishra, Dinesh Maheshwari & Sanjiv Khanna was hearing a plea by Department of Telecommunications (DoT) seeking payment of AGR-related dues in a staggered fashion, spanning over…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Thursday remarked that it was wary of AGR-related dues owed to the Government being wiped out in light of the insolvency proceedings initiated by Telecom Companies. A bench of Justices Arun Mishra, Dinesh Maheshwari & Sanjiv Khanna was hearing a plea by Department of Telecommunications (DoT) seeking payment of AGR-related dues in a staggered fashion, spanning over 20 years.Senior Advocate Ravi Kadam, appearing for the lenders of Aircel stated that Right to use Spectrum is an intangible asset falling under section 18(1)(f) of the IBC.Aircel’s monitoring committee, which includes resolution professional and lenders, said the company’s insolvency resolution process has concluded, with UV Asset Reconstruction Co Ltd (UV ARC) emerging as the highest bidder. “The DoT took part in (resolution) meetings with lenders… Only a fraction of the AGR dues will be paid, less than 1% of the total demand (of the DoT)”, added Kadam.Senior Advocate Ranjit Kumar who appeared for financial creditors to Aircel said that dues of banks are on par with those of the government, which has allowed spectrum as security used by banks to disburse loans to telecom operators & that one cannot be given precedence over the other.  Kumar urged the Court to allow the IBC proceedings take its due course, which if not done could push the telco’s to liquidation, which in turn could be antithetical to the statutory provisions.The Supreme Court also asked the Solicitor General to furnish details of all agreements signed by telecom operators to share spectrum. It asked the DoT the details of spectrum allocated to RCom and Aircel since 1999. The court will hear the case next on 21 August at 2 PM.On August 18, it was informed by Senior Advocate Harish Salve that Reliance Jio had already paid Rs 195 crore AGR dues and that if there were any remaining dues, if at all, they would be paid by Jio as well.On August 14, the bench had directed the Centre, Reliance Jio and Reliance Communication’s to produce necessary documents in order to bring to light who would be liable for AGR dues of Reliance Communications. The bench also sought details of who was using the spectrum of Aircel and Videocon.On August 10, Court had sought the Centre’s response on whether Telecom Spectrum can be sold/auctioned in the insolvency proceedings faced by the telecom companies.On August 7, the Top Court had reserved orders in the plea by Department of Telecommunications (DoT) seeking to allow telecom companies to make payments of the AGR dues in a staggered fashion over 20 years.The bench had also made it clear that it shall not entertain any objections for re-assessment/ re-calculation of AGR in light of the decision passed by Top Court in October 2019 and directed Reliance Communications, Sistema, Shyam Teleservices & Videocon to submit their insolvency details within 7 days.Court noted that, in doing so it needed to ensure that the IBC was not being misused by companies in order to escape liabilities.While warning all parties to dispense with payments pertaining to public revenue as had already been directed by the Court, the Justice Arun Mishra led bench expressed reservations regarding keeping the payment of dues pending.”What is the guarantee that you will not escape? Some of you are foreign companies and may even go into liquidation. What is the security that you can give us?” Justice Mishra had asked.On June 18, the Supreme Court had directed telecom companies to submit their financial documents while considering the instant plea by the Department of Telecommunications to allow them to settle the AGR-related dues in a staggered fashion over 20 years.On June 11, it had directed the Department of Telecommunication to reconsider the claims raised on Public Sector Undertakings on the basis of the October 2019 verdict in the case pertaining to AGR dues of telecom companies.The bench had also observed that raising demands on PSUs on the strength of AGR verdict was uncalled for. The bench pointed out that the licenses for telecos and PSUs were of different nature, as the latter was not intended at commercial exploitation.”This is an outright misuse of our verdict. You are making a demand of over 4 lac crores ! This is wholly and totally impermissible!”, Justice Mishra observed on the demands on PSUs.In March, before the commencement of the ongoing coronavirus-forced lockdown, the Department of Telecom (DoT) had moved the Supreme Court proposing staggered payment over 20 years for telecom firms to discharge their AGR dues.The Department of Telecommunications (DOT) had filed a plea in the Supreme Court for modification of the order dated October 24, 2019 vis-à-vis arriving at a formula for recovery of past dues from telecom service providers.In the instant appeal, the union had stated that even though the Court had widened the definition of adjusted gross revenue (AGR), leaving the three telcos, i.e. Vodafone Idea, Bharti Airtel and Tata Teleservices, collectively facing more than INR1.02 lakh crore in additional licence fees, spectrum usage charges (SUC), penalties and interest, it is imperative that the proposal for mode for recovery is approved.However, on March 18, Supreme Court lashed out at the Centre and telecom companies for doing self-assessment or reassessment of the Adjusted Gross Revenue (AGR) dues fixed by the apex court in its verdict.In April, the Supreme Court had rejected pleas by Vodafone Idea, Bharti Airtel and Tata Teleservices seeking review of the October 24 verdict that widened the definition of adjusted gross revenue (AGR).Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Main Evening News, Sport, Obituaries and Nuacht Friday August 31st

first_img Derry draw with Pats: Higgins & Thomson Reaction Facebook Journey home will be easier – Paul Hegarty Main Evening News, Sport, Obituaries and Nuacht Friday August 31st WhatsApp Main Evening News, Sport, Obituaries and Nuacht Friday August 31st:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/08/31news.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest RELATED ARTICLESMORE FROM AUTHOR Harps come back to win in Waterford News, Sport and Obituaries on Monday May 24th Google+ Twittercenter_img DL Debate – 24/05/21 FT Report: Derry City 2 St Pats 2 WhatsApp By News Highland – August 31, 2018 AudioHomepage BannerNews Previous articleMinister Halligan urged to approve additional bus for Kilmacrennan – MilfordNext articlePromotion Playoff guaranteed for Harps after win over Galway News Highland Twitter Google+ Pinterest Facebooklast_img read more

Focus Ireland says homelessness policy must be reviewed

first_imgAudioHomepage BannerNews News, Sport and Obituaries on Monday May 24th Focus Ireland says homelessness policy must be reviewed FT Report: Derry City 2 St Pats 2 Google+ Google+ Harps come back to win in Waterford Previous article15 people awaiting in-patient beds at LUHNext articleHighland Radio still Number One as market share increases News Highland Focus Ireland says it’s time the Government reviews its policy on homelessness as not enough is being done to tackle the problem.It has welcomed the small drop in the homeless figures for June, which saw 81 less people accessing emergency accommodation. In Donegal, latest figures show 22 adults in Emergency Accomodation, and 811 households on the Social Housing Waiting List.Focus Ireland says overall homelessness figures have risen by 28 percent in the last two years.Spokesperson, Roughan McNamara, says some homeless families have been reclassified, and that’s led to questions about the official figures………….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/08/focus1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. WhatsApp Facebook By News Highland – August 1, 2019 center_img Facebook Twitter WhatsApp Derry draw with Pats: Higgins & Thomson Reaction Journey home will be easier – Paul Hegarty Pinterest Twitter RELATED ARTICLESMORE FROM AUTHOR DL Debate – 24/05/21 Pinterestlast_img read more