+123 456 7890 1600 Amphitheatre Parkway Mountain View, CA 94043

10 months agoAston Villa eager to takeover Fosu-Mensah loan from Fulham

first_imgTagsTransfersLoan MarketAbout the authorPaul VegasShare the loveHave your say Aston Villa eager to takeover Fosu-Mensah loan from Fulhamby Paul Vegas10 months agoSend to a friendShare the loveAston Villa are eyeing Manchester United fullback Timothy Fosu-Mensah.The Mirror says Fosu-Mensah is interesting Aston Villa.Dean Smith’s men were forced to recall Tommy Elphick from his loan at Hull City last month.Dutchman Fosu-Mensah is currently on loan at Fulham, but he has found opportunities hard to come by at Craven Cottage, making just eight appearances in the Premier League.This could leave to another loan switch to get more experience. last_img read more

Read More »

Sun Life Financial swings to higher profits in third quarter as revenue

first_imgTORONTO – Sun Life Financial Inc. (TSX:SLF) has reported that its profits increased in the latest quarter, driven in part by its enhanced online capabilities.The Toronto-based company, primarily known for its life insurance, says its net income increase to $817 million in the quarter ended Sept. 30 compared to $737 million a year earlier.CEO Dean Connor says the quarter showcased its many examples of bringing client-driven strategies to life, including its fast online life insurance sign up and interactive digital coaches.Connor says the company was also pleased to announce an increase in its common share dividend by two cents to about 46 cents per share for the quarter.Sun Life’s revenue, however, was $5.6 billion in the third quarter of 2017 compared to $7.9 billion last year.The insurer says the decrease was mainly due to increases in interest rates compared to decreases in the same period last year.Note to readers: This is a corrected story. An earlier version misspelled Sun Life CEO’s name.last_img read more

Read More »

BC threatens to sue Alberta as all sides in Trans Mountain dispute

first_imgVICTORIA – All sides in the escalating dispute over the Trans Mountain expansion project appear to be digging in with the Alberta and British Columbia governments clashing over fuel prices and Indigenous and political leaders warning of civil unrestTensions escalated Monday with B.C. Attorney General David Eby threatening to sue Alberta over legislation it introduced to restrict the flow of oil, gasoline and natural gas leaving that province, which could boost fuel prices in B.C.“The immediate recourse that’s available to us is to potentially sue the Alberta government for an unconstitutional piece of legislation,” he said.Eby said he can’t predict gasoline prices — now at about $1.50 per litre in Metro Vancouver — but “what I can say is any concern British Columbians have that a bill that preferentially punishes B.C. from the Alberta perspective and tries to drive up gas prices would be unconstitutional and we would take action immediately to address that.”Alberta Premier Rachel Notley said the legislation sends the message that Alberta is prepared to defend its resources.It would direct pipeline companies, truckers and rail operators on how much oil product they ship and when. Violators would face fines of up to $1 million a day for individuals and $10 million a day for corporations.The legislation is the latest manoeuvre in the ongoing dispute over the pipeline project that has the federal and Alberta governments supporting the pipeline expansion project, while B.C. opposes it, saying it is defending its coast from a potentially catastrophic spill.The federal government approved the 1,700-kilometre pipeline expansion project starting near Edmonton and ending in Burnaby, B.C., in November 2016, saying the pipeline is in the national interest. Alberta said the $7.4-billion pipeline to the West Coast gives the province access to overseas markets.But the B.C. government says the expansion and seven-fold increase in oil tanker traffic in coastal waters poses environmental and economic risks that are too great. The province is preparing to ask the courts to determine who has jurisdiction over the pipeline in the province.Kinder Morgan announced earlier this month it is pulling back on spending for the project and gave Prime Minister Justin Trudeau’s government until May 31 to give a clear signal the project will proceed.Trudeau, Notley and B.C. Premier John Horgan met Sunday in Ottawa to discuss the pipeline, but emerged from the meeting deadlocked. Trudeau repeated the federal government’s commitment to ensuring the project’s completion and announced his government was preparing to hold private, financial talks with Kinder Morgan.Indigenous leaders, who were not invited to the meeting in Ottawa, joined together with representatives of the cities of Vancouver and Burnaby on Monday to redouble their opposition to the pipeline.Stewart Phillip, the grand chief of the Union of B.C. Indian Chiefs, said opposition is broad-based and entrenched.“It’s a stinker of an idea. It’s a stinker of a proposal and it will be defeated,” he said.Phillip said resistance to Trans Mountain isn’t just from Indigenous Peoples, but people of all backgrounds from across Canada.So far, about 200 people have been arrested at protests near the pipeline terminal site in Burnaby.Burnaby Mayor Derek Corrigan said he expected civil disobedience against the pipeline to continue to grow.He said he’s embarrassed Canada’s prime minister and the Alberta premier are kowtowing to an American multinational oil company.“I think if people totally lose faith in our democratic system, if they believe that the federal government has been able to impose its will, that they’ve ignored the court proceedings, then I think we’re looking for chaos,” said Corrigan. “And that’s what worries me.”B.C.’s prosecution service announced Monday it would consider criminal contempt of court charges against protesters alleged to have broken a court injunction while demonstrating near the pipeline construction site.The service also said it had appointed a special prosecutor in the cases of Green party Leader Elizabeth May and New Democrat MP Kennedy Stewart, both arrested at the site.— With files from Gemma Karstens-Smith.last_img read more

Read More »

Media MA in 2010

first_img“The deal market in 2009 was almost non-existent when it comes to the magazine side,” says Larry Grimes, president of media advisor W.B. Grimes & Company. “I see some changes potentially in 2010 for the positive but only if existing publishers recognize the value in making strategic acquisitions. If that is gone, then there shouldn’t be much of a deal market.”Distressed deals could continue to dominate. “What we saw more going on than we would of liked were distressed transactions—BusinessWeek was the primary example,” says Seth Alpert, partner and managing director at AdMedia Partners. “If you’re a seller, you’re just looking to get out from under. If you’re the buyer, you’re hoping your infrastructure and knowledge will turn someone else’s losing business into a money making business.” Having been burned after the private equity feast of the past decade, Grimes says PE firms have little interest in the b-to-b space. “If they see magazine publishers recapturing advertising that was lost during the recession, then their tune may change,” says Grimes. “Right now, the PE guys who are making magazine deals are doing it purely from a financial standpoint—they’re buying very low with the thought that when the market comes back, they can get out in three to five years having made some money. There is no interest in the publications and frankly, that’s not good for the industry.” Some buyers and sellers are trying to steer clear of bank financing after so many examples of companies acquired that turned out not to produce the cash flow needed to meet the covenants, and things spiraled out of control with the banks suddenly taking ownership. “The flip side of that is they probably aren’t going to get any bank financing anyway,” says Alpert. “Private equity has relied on leveraging transactions through debt and it’s gotten to be quite challenging to do that. There was a time when big PE deals were done at 7x leverage but now that’s just not happening. Some of the businesses we’ve advised were 2-3x, now its down to 1x if its available at all. Deal structures haven’t changed as much as the numbers have.”To Sell or to Shutter? In 2009, the industry saw several examples of publishers shuttering magazines that were actually growing in advertising and readership rather than shop those titles or even accept offers that were made. Examples include Rodale’s Best Life, Hallmark Card’s Hallmark and Conde Nast’s Domino, with the owners giving excuses such as “We cannot justify continued investment” and “We have concluded that this economic market will not support our business expectations.”  But why not try to get some money back with a sale? In December, National Geographic was said to be quietly seeking offers for National Geographic Adventure, before announcing it would fold the print version while retaining the brand online. “The reason you would turn down an offer is because it’s so low you’re better off terminating,” says Alpert.   “In the case of a National Geographic ancillary publication, the biggest liability is likely subscriptions, which they can fulfill with other magazines. If the offer is not compelling, a shutdown may leave you better off.” Others have to almost pay the new buyer to take the property off their hands—remember Macrovision loaning Open Gate Capital $9.5 million at a 3 percent interest rate to take TV Guide off its hands? “As painful as that may be, you’re going to be better off financially because the amount of money that would be lost would be less than in alternative scenarios,” says Alpert. Online Deals—Getting Too Expensive for Traditional Publishers? Attractive properties remain those with an online strategy in place that’s  ready to be monetized.“If a property is in a good market and serves that market well and is in a lead position, there is still an opportunity to do those deals regularly,” says Grimes.But the size of digital companies can be a problem—many are either too small to be attractive or too large to be swallowed by a publisher. “It appears that the digital media world is like the opposite of the bell curve—there are a whole bunch of people at the tiny end, a certain number of people that are at the high end, and then very little if anything in between,” says Alpert. “That’s not what you would expect in most industries. There is no middle in this market.”But while publishers debate “build or buy” when it comes to ramping up their digital business, it may be harder to get deals done, particularly if a publisher is trying to buy a digital startup. Alpert cites digital marketing agency iCrossing, which turned down a $250 million offer from Hearst.“Larger digital properties view their companies as very valuable—more so than a magazine publisher,” says Alpert. “That makes it problematic for publishers to buy companies because they will be paying valuations that may exceed their own.”A strong e-media business is a requirement for most publishers but buyers are starting to be wary of situations where online revenue has stalled. “There are groups that will be sold and there are still be some private equity players trying to bottom fish the market,” says Grimes. “But as we transition from paper to the online marketplace, the online revenues are nowhere near catching up to what we have in print.” End of the Large B-To-B Publisher?While Reed Business Information’s attempts at divesting its magazine group may be the first publishing company to publicly acknowledge it’s trying to exit the magazine business, it may not be the last. Shortly before the New Year, Folio: spoke to a source with knowledge of Nielsen who said that insiders were claiming the company was working on a deal to sell its three-magazine food group and that Nielsen’s travel group might also be on the block. The source said Nielsen most likely would use the proceeds from the estimated $70 million sale of its media and entertainment titles  e5 Global Media and any subsequent asset sale to either reposition or shut down its remaining magazine properties.In 2009 there was a surge of b-to-b publishers owned by private equity that were forced to consider covenant restructuring or even seek bankruptcy protection, including Cygnus Business Media and Questex Media which reached an agreement with a group of the company’s senior lenders to acquire “substantially all” of Questex’s assets, under a Section 363 sale process. “We’ve heard rumors of companies divesting entire divisions in 2010,” says Grimes. “I can see a large publishing company realigning its portfolio, choosing markets to exit, and it wouldn’t surprise me if some of that took place. In previous years private equity stepped up but a lot of those guys got burned. Certain PE firms still believe in publishing. We had a meeting with a large publisher backed by PE who said they’ll go out and buy magazines but I’ll believe it when I see it.” Meanwhile, smaller publishers are looking to take over where larger b-to-b publishers can’t sustain. In April, RBI shuttered all but one of the magazines published under its Associated Construction Publications Group, which consisted of 14 regional construction titles. That created an opportunity for John White, the original co-owner of the ACP titles (which were started by his ex-father-in-law), who continued to publish a newspaper for commercial construction in Indiana.In late July, ACP re-launched Construction Digest and New England Construction and plans to bring back others in stages. White is facing a new reality with the magazines. At the time he sold them, collective revenue for the ACP titles was around $19 million. With the 13 he has now, he’s expecting about $5 million in 2010 but adds that his smaller operation could see greater profits than it did under Reed. “When you’re part of a larger corporation, there are many layers of overhead put on the magazines,” White says. “We don’t operate that way.”BACK TO M&A REPORT HOME PAGE 2010 can’t be as bad as 2009, can it?If you’re talking about mergers and acquisitions within the publishing space, it certainly could be. According to the Jordan Edmiston Group, there were 615 transactions worth a combined $32 billion in 2009. The number of deals was down 24 percent compared to 2008 (while deal value fell 11 percent).However, while JEGI contends that there was a strong rebound in media M&A in the second part of 2009, with $27 billion in deal transactions, the best performing sector was Mobile Media & Technology. Business-to-business saw a 9 percent decrease in the number of deals, although  few deals in the fourth quarter drove a 750 percent increase in deal value. However, the only “publishing media” deal that made JEGI’s top 10 list in 2010 was the $2.7 billion sale of Germany’s Spring Science+Businesss Media Deutschland GmbH to EQT Partners in December.last_img read more

Read More »

Jim VandeHei Promoted to President and CEO at POLITICO

first_imgJim VandeHei, co-founder of the D.C.-based online political reporting publication POLITICO, has been promoted to president and CEO. He will also head a joint leadership effort with the company’s newest property, Capital New York.Fred Ryan is currently CEO at POLITCO, however he recently announced that that he is leaving the organization at the end of the year. VandeHei had been serving as the publication’s executive editor since it launched nearly seven years ago. And was also named president of Capital New York immediately after the company was acquired by POLITICO last month. Publisher and owner, Robert Allbritton has had an eventful 2013-first selling off eight of his television holdings, then buying Capital New York and now appointing a new CEO to lead the company’s apparent transformation. “This is a seminal moment for me, for the company and for Jim,” Allbritton says in a statement. “We are on the verge of the most dynamic growth in our young history-and this demands an equally dynamic leader and thinker guiding us. Jim started here as an editor who just happened to have entrepreneurial instincts. He has grown into a strategic business thinker who just happens to have journalistic instincts. Those instincts helped create POLITICO, shaped our vertical strategy, cemented the deal to purchase Capital New York and will allow us to stay a step or two ahead of our rivals.”VandeHei is openly excited about the “evolution” the company is undergoing. And he insists that his new role will be an easy one to fill thanks to the existing model. “There isn’t a structure that needs to be blown up,” he says. “All the pieces are in place. One of the reasons I’m excited is because the management team rocks. They get what POLITICO is all about. My job is to just bring the best out of these people.”After POLITICO acquired Captial New York in September, VandeHei made it clear to FOLIO: that the company had its sights on digital media investments. However, he did not specify what those investments would be. He is still hesitant to discuss the long-term future, but points to some big initiatives happening in the short-term. He says the company is never done improving its existing products, but on top of that a relaunch of Capital New York is on deck, plus a quarterly print magazine dedicated to long-form reporting will debut in November, with a circulation of roughly 35,000-40,000.Still, VandeHei cautions that the company is growing at a deliberate pace and doesn’t want to get too ahead of itself. “One of the challenges is to not take on more than the system can handle,” he says. “You can only bust through in media today if you produce something really great.”last_img read more

Read More »

Restricting Housing Allowance Would Have Unintended Consequences Analyst Says

first_imgA Senate plan to reduce service members’ basic allowance for housing (BAH) payments in many cases, including for dual-service military families and single members living together, is misguided as it targets a benefit that service members consider part of their cash compensation, according to a top defense analyst.The change also could upset the housing market in defense communities, Todd Harrison, director of defense budget analysis at the Center for Strategic and International Studies, writes in an editorial in Politico.The proposal, included in the Senate version of the fiscal 2017 defense authorization bill, would limit BAH payments to actual expenses for rent and utilities, preventing personnel from pocketing extra payments if they find less expensive housing. The plan would cut the BAH for dual-military couples in half and slash housing stipends for personnel who choose to share housing. The existing system offers military members a flat payment based on their rank and location.While the change “sounds perfectly reasonable on the surface,” Harrison said, it would encourage families to spend more on housing costs and discourage military members from rooming together.The proposal potentially could distort housing costs in defense communities, according to Harrison. With no incentive for service members to find inexpensive housing so they can pocket the difference between their rent and BAH, the price of housing outside military installations likely will rise. As a result, housing will become less affordable for lower- and middle-income civilian families, Harrison said.“That could have far reaching effects in these communities and is something the Senate bill does not address,” he said.Lawmakers should leave the BAH alone since employees value cash compensation more than non-cash forms such as health care and deferred benefits such as retirement pensions.“If Congress wants to control costs, it should focus on cutting the forms of compensation that are less valued by service members and leave cash compensation alone. There are tremendous savings that could be achieved by tweaking benefits many service members don’t even know they have and therefore do not value,” Harrison said.The proposal is unlikely to be included in the final version of the authorization bill as many lawmakers don’t support it and the House-Senate conference committee attempting to hash out a compromise measure has other higher-priority reforms to tackle, he told Military Times. Dan Cohen AUTHORlast_img read more

Read More »

Justin Bieber Wins First Latin GRAMMY For Despacito Remix

first_img Flor De Toloache | Best Ranchero/Mariachi Album Residente Wins Best Urban Music Album Latin GRAMMY Justin Bieber Wins First Latin GRAMMY For “Despacito” Remix What’s Your Favorite Latin GRAMMY Performance? Erika EnderPhoto: Bryan Steffy/Getty Images Email 2017 Latin Special Awards Honors Living Legends Rubén BladesPhoto: David Becker/Getty Images Ruben BladesPhoto: Maury Philips/Getty Images Alejandro Sanz’s Indelible Contributions To Music Vicente GarcíaPhoto: Kevin Winter/Getty Images See The Full List Of 2017 Latin GRAMMY Winners Alejandro SanzPhoto: JB Lacroix/WireImage.com Vicente GarcíaPhoto: John Parra/Getty Images Flor De Toloache | Best Ranchero/Mariachi Album Latin Greats Receive Their Special Awards Rubén Blades Album Of The Year | Acceptance Speech MalumaPhoto: Kevin Winter/Getty Images Luis FonsiPhoto: Rodrigo Varela/Getty Images Photo: Rich Polk/Getty Images Rubén BladesPhoto: David Becker/Getty Images Alejandro Sanz: Person Of The Year Highlights 2017 Latin GRAMMYs: What Happened And Who Won Big? News Rubén Blades Wins Album Of The Year Latin GRAMMY Vicente García | Best Singer-Songwriter Album Luis FonsiPhoto: Davide Becker/WireImage.com Natalia Lafourcade Best Folk Album | Acceptance Vicente GarcíaPhoto: Kevin Winter/Getty Images Erika EnderPhoto: Bryan Steffy/Getty Images Vicente García Wins Best New Artist Latin GRAMMY Luis Fonsi, “Despacito” Wins Song Of The Year Cnco & More: Latest Latin GRAMMY Performers Photo: Kevin Winter/Getty Images CncoPhoto: Aaron Davidson/Getty Images Juanes Wins Best Pop/Rock Album Latin GRAMMY Vicente García Wins Best New Artist Latin GRAMMY Alejandro Sanz’s Indelible Contributions To Music 2017 Latin GRAMMYs: What Happened And Who Won Big? Luis FonsiPhoto: Rodrigo Varela/Getty Images Photo: Kevin Winter/Getty Images Luis Fonsi and Bomba Estéreo’s Li SaumetPhoto: Kevin Winter/Getty Images Natalia LafourcadePhoto: Michael Tran/FilmMagic Watch Mon Laferte Win First Career Latin GRAMMY MalumaPhoto: Kevin Winter/Getty Images Juanes Wins Best Pop/Rock Album Latin GRAMMY Natalia Lafourcade Wins Folk Album Latin GRAMMY Mon Laferte Wins Best Alternative Song Photo: Bryan Steffy/Getty Images Justin Bieber Wins First Career Latin GRAMMY Natalia Lafourcade, winner of Best Folk Album for Musas (Un Homenaje Al Folclore Latinoamericano En Manos De Los Macorinos, Vol. 1) and Best Long Form Music Video for Musas, El Documental — Natalia LafourcadePhoto: David Becker/Getty Images See Stars On The 18th Latin GRAMMYs Red Carpet Natalia Lafourcade, winner of Best Folk Album for Musas (Un Homenaje Al Folclore Latinoamericano En Manos De Los Macorinos, Vol. 1) and Best Long Form Music Video for Musas, El Documental — Natalia LafourcadePhoto: David Becker/Getty Images Residente Wins Best Urban Music Album Latin GRAMMY Vicente García Wins Best Singer-Songwriter Album ResidentePhoto: Kevin Winter/WireImage.com Photo: Rich Polk/Getty Images Residente Wins Best Urban Song Ruben BladesPhoto: Maury Philips/Getty Images Alejandro Sanz: Person Of The Year Highlights Watch Mon Laferte Win First Career Latin GRAMMY Watch Eduardo Cabra Accept Producer Of The Year “Despacito” Wins Song Of The Year Luis Fonsi, “Despacito” Wins Song Of The Year The Canadian earns a Latin GRAMMY for Best Urban Fusion/Performance alongside Luis Fonsi and Daddy YankeeTim McPhateGRAMMYs Nov 16, 2017 – 7:33 pm Justin Bieber has one GRAMMY to his credit thus far in his career. And now he has joined an exclusive club of artists who have won a GRAMMY and a Latin GRAMMY.The smash remix for “Despacito” featuring Bieber, which spent 16 weeks at No. 1 on the Billboard 200 this past summer, earned Best Urban Fusion/Performance honors at the 18th Latin GRAMMY Awards. Bieber shared the award with Luis Fonsi and Daddy Yankee.The other nominees for Best Urban Fusion/Performance were “Si Tu Novio Te Deja Sola” — J. Balvin feat. Bad Bunny, “El Amante” — Nicky Jam, “Dagombas En Tamale” — Residente, and “Chantaje” — Shakira feat. Maluma. Los Del RíoPhoto: David Becker/WireImage.com Vicente García Best New Artist | Acceptance Speech Photo: Juan Naharro Gimenez/Getty Images Vicente GarcíaPhoto: John Parra/Getty Images “Despacito” Wins Song Of The Year Juanes Wins Best Pop/Rock Album Latin GRAMMY “Despacito” Wins Song Of The Year Luis Fonsi and Bomba Estéreo’s Li SaumetPhoto: Kevin Winter/Getty Images Residente Wins Best Urban Music Album Latin GRAMMY Alejandro SanzPhoto: JB Lacroix/WireImage.com Los Del RíoPhoto: David Becker/WireImage.com Vicente García Best New Artist | Acceptance Speech Vicente García | Best Singer-Songwriter Album 2017 Latin Special Awards Honors Living Legends See The Full List Of 2017 Latin GRAMMY Winners Rubén Blades Wins Best Salsa Album Latin GRAMMY What’s Your Favorite Latin GRAMMY Performance? ResidentePhoto: Kevin Winter/WireImage.com Rubén Blades Wins Album Of The Year Latin GRAMMY Los Del RíoPhoto: David Becker/WireImage.com ResidentePhoto: Bryan Steffy/WireImage.com Prev Next MalumaPhoto: Kevin Winter/Getty Images Cnco & More: Latest Latin GRAMMY Performers Alejandro Sanz: Person Of The Year Highlights Photo: Kevin Winter/Getty Images Rubén BladesPhoto: David Becker/Getty Images Latin Academy Honors Women In Entertainment Alejandro SanzPhoto: JB Lacroix/WireImage.com Luis FonsiPhoto: Rodrigo Varela/Getty Images Latin Greats Receive Their Special Awards What’s Your Favorite Latin GRAMMY Performance? “Despacito” Wins Latin Record Of The Year Latin Academy Honors Women In Entertainment Natalia LafourcadePhoto: Michael Tran/FilmMagic Twitter Photo: Bryan Steffy/Getty Images Latin Greats Receive Their Special Awards Facebook Mon Laferte Wins Best Alternative Song CncoPhoto: Aaron Davidson/Getty Images ResidentePhoto: Bryan Steffy/WireImage.com Watch Mon Laferte Win First Career Latin GRAMMY ResidentePhoto: Kevin Winter/WireImage.com Luis Fonsi: “Despacito” Wins Record Of The Year 2017 Latin Special Awards Honors Living Legends See Stars On The 18th Latin GRAMMYs Red Carpet Luis Fonsi: “Despacito” Wins Record Of The Year Photo: John Shearer/WireImage.com Eduardo Cabra Wins Latin Producer Of The Year Luis Fonsi, “Despacito” Wins Song Of The Year 2017 Latin GRAMMYs: What Happened And Who Won Big? Alejandro Sanz’s Indelible Contributions To Music Residente Wins Best Urban Music Album Latin GRAMMY Rubén Blades Album Of The Year | Acceptance Speech JuanesPhoto: Lester Cohen/Getty Images Watch Eduardo Cabra Accept Producer Of The Year Natalia Lafourcade Best Folk Album | Acceptance Rubén Blades On Best Salsa Album Win Natalia Lafourcade Wins Folk Album Latin GRAMMY Luis Fonsi: “Despacito” Wins Record Of The Year “Despacito” Wins Latin Record Of The Year Ruben BladesPhoto: Maury Philips/Getty Images Luis Fonsi and Bomba Estéreo’s Li SaumetPhoto: Kevin Winter/Getty Images Alejandro Sanz: Person Of The Year Highlights Residente Wins Best Urban Music Album Latin GRAMMY Photo: Bryan Steffy/Getty Images Rubén Blades On Best Salsa Album Win Justin Bieber Wins First Career Latin GRAMMY ResidentePhoto: Bryan Steffy/WireImage.com CncoPhoto: Aaron Davidson/Getty Images Alejandro Sanz: Person Of The Year Highlights Latin Academy Honors Women In Entertainment Photo: Juan Naharro Gimenez/Getty Images “Despacito” Wins Latin Record Of The Year Rubén Blades Wins Album Of The Year Latin GRAMMY Natalia LafourcadePhoto: Michael Tran/FilmMagic Eduardo Cabra Wins Latin Producer Of The Year Luis FonsiPhoto: Davide Becker/WireImage.com Vicente García Wins Best Singer-Songwriter Album Vicente García Best New Artist | Acceptance Speech Vicente García Wins Best New Artist Latin GRAMMY Justin Bieber Wins First Career Latin GRAMMY justin-bieber-wins-first-latin-grammy-despacito-remix Photo: Rich Polk/Getty Images JuanesPhoto: Lester Cohen/Getty Images Vicente GarcíaPhoto: Kevin Winter/Getty Images Residente Wins Best Urban Song Cnco & More: Latest Latin GRAMMY Performers Rubén Blades Wins Best Salsa Album Latin GRAMMY Rubén Blades Wins Best Salsa Album Latin GRAMMY Read more Rubén Blades Album Of The Year | Acceptance Speech JuanesPhoto: Lester Cohen/Getty Images Watch Eduardo Cabra Accept Producer Of The Year See Stars On The 18th Latin GRAMMYs Red Carpet Natalia Lafourcade Wins Folk Album Latin GRAMMY Vicente GarcíaPhoto: John Parra/Getty Images Photo: John Shearer/WireImage.com Natalia Lafourcade, winner of Best Folk Album for Musas (Un Homenaje Al Folclore Latinoamericano En Manos De Los Macorinos, Vol. 1) and Best Long Form Music Video for Musas, El Documental — Natalia LafourcadePhoto: David Becker/Getty Images Photo: John Shearer/WireImage.com Natalia Lafourcade Best Folk Album | Acceptance More 18th Latin GRAMMY Awards See The Full List Of 2017 Latin GRAMMY Winners Vicente García Wins Best Singer-Songwriter Album Residente Wins Best Urban Song Justin Bieber Wins First Career Latin GRAMMY Alejandro Sanz: Person Of The Year Highlights Luis FonsiPhoto: Davide Becker/WireImage.com Rubén Blades On Best Salsa Album Win Erika EnderPhoto: Bryan Steffy/Getty Images Mon Laferte Wins Best Alternative Song Photo: Juan Naharro Gimenez/Getty Images Eduardo Cabra Wins Latin Producer Of The Year Flor De Toloache | Best Ranchero/Mariachi Album Vicente García | Best Singer-Songwriter Album Residente Wins Best Urban Music Album Latin GRAMMYlast_img read more

Read More »

2020 Toyota Supra gets 31 mpg EPA highway rating

first_img More From Roadshow 2020 Toyota Supra review: A solid sports car that’s rife with controversy Taking a lap around the 2020 Toyota Supra Chevrolet Ford Toyota Tags 75 Photos Comment After waiting for what feels like an eternity, the 2020 Toyota Supra is almost ready to hit the road. We’re still waiting to drive the thing — in something other than prototype guise, anyway — but now, one more piece of the puzzle has been revealed.According to a sharp-eyed Twitter user, the official 2020 Toyota Supra fuel economy numbers have been released, which we verified on the EPA’s website Wednesday. They aren’t too shabby either: 24 mpg in the city, 31 mpg highway and 26 mpg combined. That’s with a 335-horsepower, turbocharged inline-six engine underhood, managed by an eight-speed automatic transmission. 2019 GMC Sierra Denali review: So close to greatness 7:57center_img 2018 Ford EcoSport: Better late than never 1 2020 Toyota Supra: A Japanese sports car legend returns Toyota Now playing: Watch this: Share your voice Sports Cars Those are pretty competitive numbers. At its best, a 2019 Ford Mustang achieves EPA ratings of 21 mpg city, 32 mpg highway and 25 mpg combined — that’s with the 2.3-liter turbocharged inline-four engine and a 10-speed automatic transmission. The most efficient 2019 Chevrolet Corvette carries EPA ratings of 16 mpg city, 25 mpg highway and 19 mpg combined, though of course, it also comes with a 6.2-liter naturally aspirated V8 under its hood.The BMW Z4, with which the new Supra shares most of its underpinnings, hasn’t been EPA-rated in its six-cylinder M40i guise just yet. The less-powerful (but still lovely), four-cylinder sDrive30i model, however, is estimated to return 25 mpg city, 32 mpg highway and 28 mpg combined.As always, your mileage may vary.last_img read more

Read More »

Audi A4 gets new look more tech and mild hybrid powertrains

first_img Tags The Audi A4 and S4 sedans get a visual refresh Review • 2018 Audi A4 Allroad: Off the beaten path More about 2018 Audi A4 Allroad 10 Photos Audi 2018 Audi S4: The sweet spot sport sedan Sedans Luxury cars Audicenter_img 2019 Audi Q8 review: Stop worrying and love the roof 2018 Audi Q7: Rockin’ the suburbs More From Roadshow 1 Share your voice Comment The Audi A4 has been refreshed to bring the sedan more in-line with the style and technology offerings of other cars in the brand’s lineup, Audi announced Wednesday. The differences outside are immediately evident, with the updated A4 now bearing more of a visual similarity to the latest A6 and A7.Enlarge ImageAudi says the A4 is “tauter and sportier” thanks to this update. Audi For starters, the A4 now has a wider and flatter interpretation of Audi’s Singleframe front grille design, as well as new LED headlights with multiple-element running lights. There are 12 new paint colors, Audi says, and around back the car’s taillights also now have a more modern design that matches the A6 and A7.Moving inside, the biggest changes comes at the top of the dashboard, where the A4’s old infotainment system has been replaced by Audi’s newest 10.1-inch MMI touchscreen. That means the old car’s rotary control knob, formerly found on the center console ahead of the shifter, has gone. Functions include natural-language searching, a Wi-Fi hotspot and an available Bang & Olufsen sound system.Unlike newer MMI systems in the A6, A7, A8 and Q8, however, the A4 does not adopt a lower second touchscreen for climate controls, sticking with its traditional physical knobs and buttons.2020 Audi A4Enlarge ImageWe’ve been seriously impressed with Audi’s touchscreen infotainment system in other cars, so we’re happy it carries over to the A4. Audi As before, the A4 can be equipped with a 12.3-inch digital instrument cluster, called Virtual Cockpit. Other technologies include the ability to use an Android phone as the car’s key, and Car-to-X capability, which lets the A4 receive signals about on-street parking availability, traffic lights and more.The updated Audi A4 launches with six different turbocharged engines in Europe, three of which will have 12-volt mild-hybrid powertrains to help save fuel. The Audi S4, meanwhile, now becomes the S4 TDI. It comes with a 3.0-liter turbodiesel V6 featuring and electric turbo compressor and a 48-volt mild-hybrid system. Rated for 342 horsepower and 516 pound-feet of torque, it’ll get the S4 TDI sedan to 60 miles per hour in 4.8 seconds. This engine is also found in Europe’s newest S6 and S7.However, Audi notes that outside of Europe, S4 models will continue to use a turbocharged 3.0-liter gasoline V6. In the US, that powertrain is rated for 354 hp and 369 pound-feet, and a 0-60-mph time of 4.4 seconds.The new Audi A4 will hit European dealers this fall. However, we’ll have to wait for more specifics on the US-market model.last_img read more

Read More »

NASAs Curiosity rover makes surprising methane discovery on Mars

first_img NASA Opportunity rover witnessed the wild side of Mars Scientists have detected hints of methane on the surface of Mars in the past, including as far back as the Viking missions in the 1970s. Thus, the discovery of more methane doesn’t necessarily mean we’ve stumbled upon life. Moreover, spikes in Mars’ methane levels aren’t unusual, with a study reporting last June on seasonal variations in the molecule’s atmospheric concentration. So where has this particular methane come from? The simple answer is: We just don’t know yet. “There are a few different ideas that have been put forward to explain things which include both biological and non-biological mechanisms,” said Jonti Horner, astrophysics professor at the University of Southern Queensland, Australia.  “It isn’t quite a smoking gun for life just yet.”     Thomas Zurbuchen, associate administrator of NASA’s science mission directorate, has cautioned on Twitter against jumping straight to the ET solution, noting methane can be created by geological processes. And sadly, as far as we know, rocks are not living beings. Another Mars rover bites the dust, but NASA’s not finished… 6:31 1 Curiosity now has some extra work to do, with a follow-up experiment being conducted over the weekend “to gather more information on what might be a transient plume,” said NASA. The agency notes these unusual methane spikes have been picked up before, but we’re not really sure how long they last or what might be causing them. Results from the additional experiment could reach us as early as Monday, according to the Times. However, the agency notes Curiosity does not contain instruments that can definitively say where the methane may have come from. “With our current measurements, we have no way of telling if the methane source is biology or geology, or even ancient or modern,” said Paul Mahaffy, SAM principal investigator, in a statement. Good science relies on follow-up and repeat findings before confirmation, so while it’s easy to get excited by the potential for signs of life, a lot more work needs to be done before we can truly confirm the presence of any tiny, underground martian friends. Now playing: Watch this: Share your voice NASA Tags .@MarsCuriosity rover found the largest amount of methane ever measured during the mission. Although this is an exciting discovery, it doesn’t necessarily mean life exists because methane can be created through interactions between rocks & water. Details: https://t.co/XYUfpHIqcs pic.twitter.com/I14q6niDET— Thomas Zurbuchen (@Dr_ThomasZ) June 23, 2019 Comment The Curiosity rover collected the images for this selfie on May 13, 2019, which corresponds to Sol 2405 on Mars. NASA/JPL-Caltech/MSSS/Kevin M. Gill NASA’s Mars rover Curiosity has detected the largest amount of methane yet measured during its seven years on the Red Planet. It’s a particularly riveting discovery because the methane levels discovered by the rover are about three times higher than previous detections, leading to some speculation the gas may be biological in origin. A report by The New York Times on Saturday first revealed the curious finding after obtaining an internal email from Ashwin Vasavada, a project scientist on the mission. On Sunday, NASA released a statement confirming the discovery, explaining how Curiosity’s Sample Analysis at Mars (SAM) suite of instruments had detected methane at 21 parts per billion units by volume — much higher than ever before. Methane is an important molecule for microbes on Earth, and its detection on another planet has led to speculation that tiny microbes are (or were) puffing gas out at such a rate that NASA’s intrepid rover can spot them. Sci-Tech 17 Photoslast_img read more

Read More »

Volkswagen India rolls out 123456 vehicles in 2015 from Pune plant

first_imgVolkswagen India recorded its best-ever production figure in India in 2015, with 1,23,456 vehicles rolled out from the Pune plant. The main plant of the Volkswagen Group saw 10% growth in numbers compared to the 1,12,012 units in 2014.”The Volkswagen Pune Plant has increased its production for the third year in a row. This has been possible because of increased demand from both domestic and export markets,” said Dr Andreas Lauermann, President and Managing Director, Volkswagen India Private Limited.”Unfortunately, the global emission topic slowed our development in the second half of the year, and held us back from an even better result. With the new compact sedan, we have a new car in the production pipeline which will help us carry the pace forward in 2016, too,” he added.The total production of 1,23,456 cars at the Volkswagen Pune plant included approximately 72,000 Volkswagen Ventos, 38,800 Volkswagen Polos and 12,700 Skoda Rapids. Domestic production grew 23% to approximately 54,140 units, while the growth in export registered a 4% rise with 69,300 units in 2015 as compared to 2014, the company said in a statement.Volkswagen Vento was the highest-produced car in 2015, contributing close to 60% of the total production. The plant’s total production has now crossed 5.75 lakh units since its start in 2009.last_img read more

Read More »

Navi Mumbai airport GVK wins bid to build spanking Rs 16000crore Mumbai

first_imgHyderabad-based GVK, the diversified group that operates in several sectors including energy, resources, airports, transportation, hospitality and life sciences, has won a bid to develop the Navi Mumbai International Airport (NMIA). KKR buys tour operator Travelopia for $403 millionGVK currently operates India’s first brownfield and greenfield airports as Chhatrapati Shivaji International Airport in Mumbai and Kempegowda International Airport in Bengaluru under the PPP model. Located in adjoining Raigad district near Mumbai, NMIA is a Rs 16,000-crore project and is expected to ease the air travel needs of the people in Mumbai Metropolitan Region. To be built in an area of 1,140 hectares, the proposed airport will have two parallel runways with provision for full-length taxi ways on either side of the runways. When operational, NMIA would handle about 10 million passengers annually in the first year, 20 million by 2020, 30 million passengers in 2025 and ultimately 40 million by 2030. In comparison, the Mumbai airport currently absorbs 26 million passengers annually. GVK emerged the bid winner leaving behind GMR Airports Ltd, which operates Delhi International Airport (P) Ltd (DIAL), a joint venture formed as a consortium between GMR Group (54 percent), Airports Authority of India (26 percent), and Fraport AG and Eraman Malaysia (10 percent each). GMR had reportedly offered 10.44 percent of revenue share while GVK-led Mumbai International Airport Ltd (MIAL) offered 12.60 percent share of the annual gross revenue of the project.”It is a matter of immense pride for MIAL and GVK to have won the bid for building, developing and operating the Greenfield Navi Mumbai International Airport project. This is further testimony to our commitment that was ably-demonstrated in the making of the iconic Terminal 2, along with the creation of efficient airside operations in a severely constrained Mumbai airport,” said GVK Reddy, executive chairman of MIAL and founder chairman and MD of GVK. At the request for quotation (RFQ) stage, Tata Realty-MIA Infrastructure and Zurich Airport-Hiranandani Group had also bid in addition to GMR and MIAL (GVK). However, on Monday, only GMR and MIAL (GVK) submitted their financial bids.last_img read more

Read More »

7th Pay Commission Government may offer salary hikes beyond recommendations

first_img7th Pay Commission: Government may offer salary hikes beyond recommendationsCreative CommonsThe Narendra Modi led government is planning to increase the minimum pay for central government employees from Rs 18,000 to Rs 21,000 from April 2018. The center is also reportedly considering salary hikes beyond the 7th Pay Commission recommendation for the Central government staffs.The pay hike plan is expected to be approved in April this year, Financial Express reports quoting Finance Ministry officials.Here are some points you should know about salary hike under 7th Pay Commission recommendations:• Central government staff under the pay matrix level 1 to 5 will be included in the expected pay hike of Rs 18,000- Rs 21,000.• The fitment factor is expected to be hiked to 3.00 from the current 2.57 beyond the recommendations of the 7th Central Pay Commission.• Reports have indicated that the hike is expected to come into force from April and would be rolled out without arrears.• Union Cabinet on March 8 increased DA (Dearness Allowance) and DR (Dearness Relief) by two percent accordance with the accepted formula, based on the recommendations of the 7th Pay Commission.• The salary revision policy in the country will change and the government is planning not to have any more Central Pay Commissions in future. It is expected that in the new alternative system the salaries and allowances of central government employees will increase every year.In the wake of the increased cost of living and inflation, central government employees union leaders had earlier asked to raise minimum basic pay to Rs 26,000 and fitment factor 3.68 times. In June 2017, the Union Cabinet had approved the recommendations of 7th Central Pay Commission with 34 modifications based on the recommendations of the Committee on Allowances (CoA). Implementation of 7th Central Pay Commission recommendations will have a huge impact in the coming elections also. The issue matters to both pensioners and central government employees, constituting a large portion of the vote bank for the 2019 elections.However, the government is still to confirm anything officially regarding the implementation of 7th Pay Commission recommendations, leaving the government employees anxious.last_img read more

Read More »

RIP Sushma Swaraj PM Modi Rahul Gandhi condole veteran leaders death

first_imgFormer External Affairs Minister Sushma Swaraj with world leaders in the United Nations in New York.IANSFormer External Affairs Minister and senior Bharatiya Janata Party leader Sushma Swaraj died at the AIIMS in New Delhi on Tuesday night following cardiac arrest. She was 67-years-old.The veteran BJP leader was brought to AIIMS in a critical condition after suffering a heart attack but soon passed away. “She was brought to AIIMS at 9.35 p.m.. We gave her CPR as well. She passed away at 10 p.m.,” a source told news agency IANS.Several BJP leaders including Union Ministers Rajnath Singh, Nitin Gadkari, Prakash Javadekar, and Harsh Vardhan, and BJP Working President JP Nadda arrived at the hospital as they got the news.Her body has been taken to her residence at 6, Jantar Mantar from the AIIMS. Her mortal remains would be kept at the Bharatiya Janata Party (BJP) headquarters from 11 a.m. to 1 p.m. so that people can pay their last respects.Leaders from across the political spectrum condoled the death of Sushma Swaraj, who had also been the first woman Chief Minister of Delhi.Prime Minister Narendra Modi, in a series of tweets, remembered the former Foreign Affairs minister and condoled her untimely death. PM Modi said that a “glorious period in Indian politics” had ended and recalled her efforts as External Affairs Minister in his first government in helping any Indians abroad in any trouble.”An excellent administrator, Sushma Ji set high standards in every Ministry she handled. She played a key role in bettering India’s ties with various nations. As a Minister we also saw her compassionate side, helping fellow Indians who were in distress in any part of the world.”A glorious chapter in Indian politics comes to an end. India grieves the demise of a remarkable leader who devoted her life to public service and bettering lives of the poor. Sushma Swaraj Ji was one of her kind, who was a source of inspiration for crores of people,” he said in a series of tweets.Home Minister Amit Shah tweeted: Sushma Swaraj Ji’s death is an irreparable loss to BJP and Indian politics.”A sharp orator, an ideal worker, a beloved people’s leader and a hard-working minister, she has left an indelible mark on Indian politics through her many roles,” Shah added.Congress leader Rahul Gandhi, West Bengal Chief Minister Mamata Banerjee, Delhi’s Deputy Chief Minister Manish Sisodia, Telangana Chief Minister K. Chandrashekar Rao, former Uttar Pradesh chief ministers Akhilesh Yadav and Mayawati, were among those who condoled her death.Senior Congress leader Ghulam Nabi Azad said: “She would call me her brother… I have lost my sister today. Her sudden demise is a shock. She was a great leader. I pray to the almighty that her soul rests in peace.”An emotional Union Minister and senior BJP leader Ravi Shankar Prasad said: “Her last tweet on Article 370 makes me emotional. It’s a great loss.”Minister of State for Finance and Corporate Affairs Anurag Thakur tweeted: “India’s most loved Foreign Minister is no more. It is not only a loss for me but for the party and the nation. She has been a guiding force for young leaders like me.”Condolences also poured in from foreign leaders on the death of the former External Affairs Minister.Bangladesh Prime Minister Sheikh Hasina, Iran Foreign Minister Javad Zarif, former Afghan President Hamid Karzai, Maldives Foreign Minister Abdulla Shahid were among those who condoled her demise.Sushma Swaraj did not contest the 2019 Lok Sabha elections citing poor health conditions.(With agency inputs)last_img read more

Read More »

Article 370 was a chain that kept people tied says PM Modi

first_img IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:00/7:41Loaded: 0%0:00Progress: 0%Stream TypeLIVE-7:41?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis 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. COPY LINKAD Loading … Prime Minister Narendra ModiIANSOne of the biggest decisions taken by Prime Minister Narendra Modi in the first 75 days of his government is undoubtedly the unshackling of Jammu and Kashmir so that there is better integration and mobility and the faux concept of dual citizenship is scrapped once and for all. In what was not just a political but a diplomatic masterstroke as well, the PM, who has been obsessed with resolving the Kashmir imbroglio, hit his straps very early on in his second avatar using the heft of his mandate to prise through the contentious issue.IANS began by asking him about his decision on Article 370 which has been welcomed by many and also been opposed by a few. A fusillade of posers followed. There seems to be an uneasy calm at the moment. Why do you think the people of J&K will stand with you?Unflinchingly, as his wont and style, PM Modi responded unequivocally, “Please see the list of people who have opposed the decisions about Kashmir – the usual vested interest groups, political dynasties, those who sympathise with terror and some friends in the Opposition. The people of India, irrespective of what their political preference, have supported the steps taken in Jammu, Kashmir and Ladakh. This is about the nation, not politics. The people of India are seeing that tough but essential decisions that were earlier assumed to be impossible are becoming a reality.”As the dragnet eases, life will limp back to normal in the Valley, the PM has a clear view on the issue, he reckons that these provisions actually harmed India, for a handful of families and a separatist cabal capitalised on this. PM Modi said, “It is now clear to everyone how Articles 370 and 35(A) fully isolated Jammu, Kashmir and Ladakh. The status quo of seven long decades clearly could not fulfil people’s aspirations. Citizens were kept away from the fruits of development. The greatest casualty was the lack of any proper economic avenues to increase earnings. Our approach is different — instead of the vicious cycle of poverty, the people need more economic opportunities. For years, intimidation ruled the roost. Let us now give development a chance.” PM Narendra Modi addressed the nation on Revocation of Article 370 He followed up by making a fervent plea to his brethren in Kashmir. “My sisters and brothers of Jammu, Kashmir and Ladakh always wanted a better future for them, but Article 370 did not enable it. There was injustice against women and children, ST as well as SC communities. And, most importantly, the innovative zeal of the people of Jammu, Kashmir and Ladakh was not harnessed. Now, from BPOs to startups, from food processing to tourism, many industries can avail of investment and create opportunities for the local youth. Education and skill development will also bloom.”I want to clearly assure my sisters and brothers of Jammu, Kashmir and Ladakh that these regions will develop as per the wishes of local people, their dreams and ambitions. The growth of these regions will first and foremost be powered by those belonging to these regions. Articles 370 and 35(A) were like chains that kept people tied. These chains are now broken, people have been unshackled from such dominance and they will now shape their own destiny.”For those who are opposing the decisions on Jammu and Kashmir, he believes they should answer one basic question: What is their defence for Articles 370 and 35(A) remaining?He argued, “They would have no answer to this question. And, these are the same people who are used to protesting when it comes to anything that helps common people. There is a project to provide water to people, they will oppose it. There is a railway track being built, they will oppose that. Their heart only beats for Maoists and terrorists who have only bullied common citizens. Today, every Indian is fully standing with the people of Jammu, Kashmir and Ladakh and I am confident they will stand with us in the aim to boost development and bring peace. “IANS also asked him about the concerns over democracy. Will the voice of the people of Kashmir be heard?He said: “Kashmir has never witnessed such a strong commitment in favour of democracy. Remember the turnout during the Panchayat elections? The people voted in large numbers and did not get cowed by bullying. In November and December of 2018, there were 35,000 Sarpanches elected and the turnout in the Panchayat elections was a record 74%. There was no violence during the Panchayat elections. Not a drop of blood was shed in poll violence. This, when the main parties there were lukewarm to this entire exercise. It is very satisfying that now Panchayats are back at the forefront of furthering development and human empowerment. Imagine, for so many years those in power did not find it prudent to work towards strengthening Panchayats. And remember, they gave great sermons on democracy, but the words never led to action.”It is obvious that when the PM obsessed on resolving what appeared to be intractable, he studied the matter extensively. He said: “It surprised and saddened me that 73rd Amendment did not apply to Jammu and Kashmir. How could such injustice be tolerated? It was in the last few years that Panchayats in Jammu and Kashmir got more powers to work towards people’s progress and various subjects transferred to Panchayats under the 73rd amendment were transferred to Panchayats of Jammu and Kashmir.”Now, I have requested the Honourable Governor to work towards organising Block Panchayat elections too. Recently, the Jammu and Kashmir administration did the ‘Back to Village’ programme, where the entire government machinery went to the people instead of vice versa. They went just to mitigate people’s problems. The common citizens appreciated the programme. The results of these efforts are for all to see. Swachh Bharat, rural electrification and other such initiatives are reaching the grassroots. This is what democracy truly is.”Correcting mistakes and imbalances was at the kernel of the PM’s intent on J&K. The PM said: “In any case, I have assured people that elections in Jammu, Kashmir will continue and it is the people of these regions only who will represent the larger public. Yes, those who ruled Kashmir thinking it is their divine right to do so will dislike democratisation and peddle incorrect narratives. They do not want a self-made, younger leadership to emerge. These are the same people whose own conduct in the 1987 elections has been suspect. Article 370 has helped the local political class avoid transparency and accountability. Its removal will only empower democracy even more.” Closelast_img read more

Read More »

Maximum 15 SIMs against one NID BTRC

first_imgsimThe Bangladesh Telecommunication Regulatory Commission (BTRC) secretary Sarwar Alam on Tuesday said that a user will now be allowed to use maximum 15 SIM cards with his/her national identity (NID) card, reports UNB.This is a three-time increase from the government’s last decision of allowing up to five SIM cards for each user.Earlier on 12 June 2016, the government decided to allow each consumer to use maximum 20 SIM cards and on 4 August last, they decided to cut the number down to five.BTRC took the latest decision under the instruction of high level authorities of the government, he said adding that, the BTRC also directed all the chief executives of all mobile phone operators regarding the matter.The BTRC will close the numbers randomly after 31 December, if anyone found using more than 15 SIM cards with one national identity card, Sarwar told UNB.Consumers who have more than 15 SIM cards are urged to deactivate their extra contact numbers from the respective customer care offices by themselves within 31 December, he added.According to the BTRC, as it is not realistic to determine SIM card numbers for corporate consumers, people who have corporate permission to buy SIM or RIM will be out of this purview.Consumers can find out about the numbers of SIM cards they have against their passport, NID, driving license or birth certificate in two ways-By dialing *16001# and sending the last four digits of NID number when asked through USSD code or, by sending SMS typing the last four digits of NID number and send it to 16001.last_img read more

Read More »

Bus torched after it kills motorcyclist in city

first_imgPeople set a bus on fire after it hit a motorbike, killing the motorcyclist on Friday afternoon in Moghbazar in the city. Photo: Abdus SalamPeople set a bus on fire after it hit a motorbike, leaving a motorcyclist dead and a pedestrian injured at Moghbazar in the capitalon Friday afternoon, reports UNB.The deceased Saiful Islam Rana, 30, is son of Shahjahan of Goran and head nurse of Moghbazar Community Clinic.Tanharul Islam, an official at Fire Service and Civil Defence headquarters, said the ‘SP Golden Line Paribahan’ bus hit the motorbike while the it was getting down from Moghbazar flyover around 1:35pm, leaving Rana and a pedestrian injured.A fire fighter trying to douse the fire as people set ablaze a bus in Moghbazar on Friday afternoon. Photo: Abdus SalamThe injured were taken to Dhaka Medical College and Hospital where doctors declared Rana dead around 2:15pm.Local people turned furious after the road crash and torched the bus.On information, a firefighting team rushed in and doused the fire.Meanwhile, students from Siddheswari University College blocked the Mowchak-Moghbazar road after the accident. Later police removed them from the area.ADC Azim Rahman said they arrested the driver of the killer bus and a case was filed.last_img read more

Read More »