Category: msibetbq

05
Jul
2021

Stock market rally: 5 shares that still look cheap to me

first_imgStock market rally: 5 shares that still look cheap to me Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares The recent stock market rally has transformed the investment landscape. At the time of writing, the FTSE 100 has surged 9% over the last week and 15% over the last fortnight. All of a sudden – on the back of positive vaccine developments – there is now light at the end of the tunnel.The share rally’s biggest risers seem to have been the companies the suffered the heaviest falls since the pandemic began in earnest, back in March. This includes the travel, hospitality and leisure industries, along with the banking sector. In some cases, share prices have now more than doubled from their spring lows.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…One result of this stock market rally is that there are now considerably fewer attractive investment opportunities available. Where previously, share prices looked oversold and cheap, many now look more fairly valued. However, I think there are still noticeable areas of the market where value does exist to help me build a portfolio poised for growth.In my opinion, some of the most attractive investment opportunities right now are the shares that didn’t sell off wildly during the depths of the pandemic. Likewise, they are the shares that didn’t get swept up in the recent rally. Instead, I believe they are the companies that looked cheap before the pandemic and remained so during it.Overlooked by the stock market rallyI’m talking about the likes of Yellow Cake. The uranium investment company that is valued at a 23% discount to its net assets. This savvy company has spent the last few months selling its uranium holdings to fund a buy-back of its own shares. That way it gains exposure to the uranium price at hefty discount. Yellow Cake looks even more attractive to me after the announcement that Rolls-Royce plans to build up to 16 small modular reactors (mini-nuclear plants) in the UK. This looks set to revitalise the nuclear sector in both the UK and beyond.Ferrexpo is another share that I like. As well as coming with an 8% dividend, it’s also cheap, trading at just three times last year’s earnings. I’m actually surprised the shares have not been caught up in the stock market rally, since demand for its iron pellets should benefit significantly from a vaccine-enabled return to worldwide economic growth.Vaccine improves investment prospectsShares in Finsbury Food Group are also still looking good value to me. The shares are valued at eight times pre-Covid (FY 2019) earnings. A return to normality would surely put the bread and cake manufacturer back on its growth trajectory. Meanwhile, I think both Aviva and Tesco look attractive. Aviva is trading at a 33% discount to its net asset value. Speculation of asset disposals only reinforces the value on offer. Owing to its own disposals, Tesco appears to be on the verge of announcing a huge 20% special dividend payment.Despite the pandemic, all of these companies are currently performing well. In fact, I think that’s precisely why they missed out on the stock market rally. Investors were attracted to the companies that had been struggling the most, the ones that really needed some positive vaccine news. I believe we now have a situation where the companies that have actually been managing well are now looking under bought and very attractive. They are the shares that I would buy now. Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Thomas owns shares in Finsbury Food Group and Aviva. The Motley Fool UK has recommended Tesco. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Thomas Carr | Tuesday, 17th November, 2020 See all posts by Thomas Carr Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

05
Jul
2021

I’d buy these cheap UK shares with £10k today

first_img See all posts by Rupert Hargreaves Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Rupert Hargreaves | Tuesday, 1st December, 2020 Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Image source: Getty Images If I had a lump sum of £10k to invest today, I’d buy cheap UK shares. This might seem like a risky prospect. After all, the outlook for the UK economy is highly uncertain in the short term. However, research shows that the best time to buy stocks is when they’re trading at low levels. Analysis suggests this approach can achieve high returns in the long term. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…As such, I’d look past the short-term headwinds facing the UK economy and focus on the long term instead. Cheap UK shares to buy Based on the above, I’m looking for companies that appear to be well-placed to succeed in the long term no matter what. One of the businesses that fit into this bracket in my view is power plant owner-operator Drax. It’s fair to say that the UK will always need electricity and Drax is one of the country’s largest power suppliers. The company has recently been converting its old carbon-intensive coal and gas power plants into cleaner bio-fuel-powered facilities. This should ensure the business remains relevant as the UK moves onto a more sustainable energy footing. Another organisation that’s changing with the times to remain relevant is bus and train operator FirstGroup. This company has suffered significantly in the pandemic with government advice to avoid public transport sending passenger numbers and revenue plunging.Nevertheless, I firmly believe that if the country is going to meet its long-term pollution targets, public transport will play a key role. FirstGroup has been preparing its fleet by investing in green vehicles. As such, I believe this stock could produce high total long-term returns for investors as it profits from the above themes. Short-term headwindsMany cheap UK shares are currently facing short-term headwinds. If companies can manage these challenges, I reckon they could see substantial growth in the years ahead. One such business is Marks & Spencer. The retail giant has used the Covid-19 crisis to instigate some significant changes. The group has shut stores, cut costs and put more capital into it online operation. I think these reforms are long overdue, which is why I’ve turned positive on the business in the long run. Management’s efforts to change the company to cope with Coivd-19 could help propel the stock higher over the next few years. I think Capita Group is in the same position. A string of government contracts has helped the stricken outsourcer improve its balance sheet and operating performance this year. If management can build on this progress in the next few years, I reckon the stock could be a winner. If owned as part of a basket of other cheap UK shares, I think investors could see large total returns.center_img Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’d buy these cheap UK shares with £10k todaylast_img read more

16
Jun
2021

EBS Building Society commits ‚€1 million to community

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Giving/Philanthropy Ireland EBS Building Society has committed ‚€1 million to the Simon Communities of Ireland and the National Adult Literacy Association (NALA) as part of its new corporate social responsibility programme called Positive Impact. The partnerships with Simon and the NALA is over three years and will help address the issues of homelessness and financial literacy. Ted McGovern, EBS chief executive, said Positive Impact represents a more strategic approach to the whole area of corporate social responsibility. Advertisement  30 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis EBS Building Society commits ‚€1 million to communitycenter_img Howard Lake | 2 May 2005 | News “We will be able to systematically ensure that we are having a positive impact on the communities in which we operate, on our members, employees and on the environment,” Mr McGovern said. The relationship also involves employee volunteering with the charities. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

16
Jun
2021

ISP plants a tree for every order received

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  23 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Staffordshire-based Internet Services Provider Hosting Systems Ltd is supporting the national Tree Appeal by committing to planting broad-leaved trees in the UK, in relation to the number of orders they receive.Hosting Systems will plant a tree for every company which orders a new website, registers domain names or hosts their site on their servers. Technical Director Juliet Wilder said: “We hope to plant at least 200 trees in the next 12 months.”Hosting Systems already support local schools through their Help a School campaign. Businesses how sign up to have their Internet access provided by Hosting Systems generates cash for schools around the country. Advertisement Tagged with: corporate Howard Lake | 28 November 2007 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. ISP plants a tree for every order receivedlast_img read more

14
Jun
2021

Study: Risk of ASF in U.S. Has Doubled

first_img Study: Risk of ASF in U.S. Has Doubled SHARE SHARE Facebook Twitter Facebook Twitter A recent study shows the risk of African Swine Fever entering the U.S. has nearly doubled since the ASF epidemic began in 2018.Researchers at the University of Minnesota College of Veterinary Medicine say the probability of ASF already reaching the U.S. is high, but efforts to stop the virus at the borders have stopped its entry.The study measured the risk of ASF entering the United States through the smuggling of pork products in air passenger luggage.The study reports five specific airports account for over 90 percent of the potential risk: Newark-New Jersey, George Bush-Houston-Texas, Los Angeles-California, John F. Kennedy-New York, and San Jose-California.If ASF were to enter the United States, its spread would cause immense economic damage to the pork industry and food production more broadly, and could lead to billions of dollars of losses for swine producers.Since the 2018 outbreak in China, the country has slaughtered an estimated 1,170,000 animals. Previous articleUSDA Creates Domestic Hemp Production ProgramNext articlePurdue Receives First USDA Grant to Study Organic Hemp Production NAFB News Service Home Indiana Agriculture News Study: Risk of ASF in U.S. Has Doubled By NAFB News Service – Oct 29, 2019 last_img read more

12
Jun
2021

Three journalists arbitrarily arrested

first_img Receive email alerts RwandaAfrica to go further Organisation RwandaAfrica April 6, 2020 Find out more 08.8.2002Following their appeal, the three journalists were provisionally released on7 August. The date of their trial is not yet known._________________________________________________________________07.24.2002The journalists were remanded in custody for 30 days when they appeared in camera on 23 July before an examining magistrate, along with an army sergeant who was accused with them. The journalists’ lawyer, Jean-Paul Biramvu, was not told of the court sitting and so was absent. He complained that he had not been given details of the charges and said the soldier, who pleaded guilty, should have been tried by a military court. The journalists filed an appeal._________________________________________________________________07.23.2002Robert Sebufirira, editor of the privately-owned weekly Umuseso, and two of the paper’s reporters, Elly MacDowell Kalisa and Godfrey Munyaneza, were arrested and jailed in Kigali on 17 and 18 July after witnessing an incident of police brutality.”Nothing appears to justify these arrests of journalists simply doing their job,” said Reporters Without Borders secretary-general Robert Ménard in a letter to Rwandan justice minister Jean de Dieu Mucyo. “It looks like an excuse to hit once more at the newspaper and contradicts President Paul Kagame’s recent statements that the country is on the road to democracy.”He called for the immediate release of the journalists and the dropping of the charges against them. The three had been chance witnesses late on 17 July to police roughing up a man near a bar in the Kiyovu district of Kigali. Bystanders urged the journalists denounce the police behaviour in the paper. When police reinforcements arrived, the crowd, including the two reporters, was arrested Sebufirira was detained the next day after he had given a statement to police.The journalists were accused interfering with police operations, refusing to obey police orders and breaking a police walkie-talkie. The paper, which is disliked by the authorities, has decided not to publish again until the journalists are released. They are due to appear in court before 26 July for a bail hearing. The date of their trial is not yet known.Umuseso’s then-editor, Ismael Mbonigaba, was summoned by police in Kacyru on 18 May and interrogated for seven hours about an article in the paper considered insulting to President Kagame. The paper had sarcastically commented on a speech in which he had called Rwandans “idiots.” Mbonigaba was freed later that day but his passport was confiscated. He was interrogated again on 25 May and subsequently fled abroad.Kagame is on Reporters Without Borders’ worldwide list of predators of press freedom News RSF_en News Follow the news on Rwandacenter_img Reports The 2020 pandemic has challenged press freedom in Africa Help by sharing this information November 27, 2020 Find out more Covid-19 in Africa: RSF joins a coalition of civil society organizations to demand the release of imprisoned journalists on the continent February 13, 2020 Find out more August 8, 2002 – Updated on January 20, 2016 Three journalists arbitrarily arrested BBC Africa’s “disproportionate and dangerous” dismissal of a journalist Newslast_img read more

12
Jun
2021

Erol Önderoğlu, Turkey’s tireless free speech advocate

first_img Turkey’s never-ending judicial persecution of former newspaper editor TurkeyEurope – Central Asia Protecting journalistsMedia independence Judicial harassmentImprisonedFreedom of expression June 21, 2016 – Updated on May 17, 2018 Erol Önderoğlu, Turkey’s tireless free speech advocate Erol Önderoğlu Receive email alerts News News Önderoğlu’s now greying curls hide a tireless intellectual rigour and a will of steel. The prison in which the Turkish authorities locked him yesterday will not make him change course. For more than 20 years he has campaigned for media freedom and for more than 20 years he has worked for RSF, the NGO he represents in Istanbul.He began his career as a campaigner in 1996, in the wake of the murder of Metin Göktepe, a reporter for the left-wing daily Evrensel (“Universal”) who was beaten to death by the police. It was a time of great tension in Turkish society and frequent clashes between the armed forces and the Kurdistan Workers’ Party (PKK). In an irony of history, Önderoğlu’s arrest has come at a time of renewed intense fighting between the Turkish state and Kurdish rebels.What is Önderoğlu’s crime in the Turkish justice system’s eyes? Having acted, like other journalists, as temporary editor of the Kurdish daily Özgur Gündem in a gesture of solidarity with the Kurdish media, which had been especially affected by President Tayyip Recep Erdoğan’s increasingly frenzied crackdown and arbitrary use of an anti-terror law to gag any criticism of the government.It was under this anti-terrorism law that Önderoglu has been jailed because of his actions as a journalist. The same goes for the other two journalists jailed yesterday – Ahmet Nesin and Şebnem Korur Fincancı, who is also president of the Human Rights Foundation of Turkey.Journalism was Önderoğlu’s first profession. In 1997, he began working for Bianet, a news website that pioneered human rights reporting. He was its editor for several years and has stayed faithful to it, nowadays sharing his time between RSF, Bianet and his wife and young son, a soccer fan.Now aged 46, Önderoğlu spent most of his youth in France, where his parents settled when he was a child, and it was in France that he met his wife, also the offspring of Turkish immigrants, before they went back to live in Turkey. He has kept his French passport and is still fluent in French.Staunch defender of the right to informÖnderoğlu recounted his career in 2014 in one of RSF’s books of photos. He spoke of Metin Göktepe, the newspaper Özgur Gündem and other milestones such as the map of the world that RSF displayed in Paris in 2002. It identified Turkish army chief of staff Hüseyin Kıvrıkoğlu as a “predator of press freedom.” “I will never forget the threats I received from Turkish nationalist circles and media,” he recalled. “Phone calls, defamatory articles and summonses by the Istanbul police.”This tireless activist does not boast about his unflagging determination and impartiality. His defence of the principle of media freedom applies to everyone, whether they are Islamists, republicans, nationalists, Kurds or leftists.He spends several days a week at the Istanbul law courts observing the hundreds of trials of journalists, and often goes on field trips, producing widely-read reports like the one he wrote about journalist Cihan Hayirsevener’s murder in northwestern Turkey in 2009.His quarterly reports on free speech in Turkey for the Bianet website are also widely read. As a result of his detailed research for these reports, the Organization for Security and Cooperation in Europe (OSCE) chose him as an expert on imprisoned journalists. He is also member of IFEX, the global network defending and promoting free expression, and was in Berlin last weekend for an IFEX strategy meeting. Last month, he and RSF secretary general Christophe Deloire met officials at the Ministry of Justice in Ankara on the subject of freedom of expression, alongside several international and Turkish NGOs.Trial of strengthThe decision to target RSF’s representative in Turkey was no doubt partly symbolic. By targeting him and the others, the Erdoğan government is clearly sending a message to all Turkish journalists and human rights defenders, a message that says no one is safe from persecution.The jailing of Önderoğlu, Nesin and Fincancı marks a news stage in the criminalization of human rights activism and the continuing decline in media freedom in Turkey, which is ranked 151st out of 180 countries in RSF’s 2016 World Press Freedom Index. Organisation The media freedom principles defended by Reporters Without Borders (RSF) have been represented in Turkey for the past 20 years by Erol Önderoğlu, who was placed in pre-trial detention yesterday in Istanbul along with two fellow journalists. Today, their second day in prison, RSF reiterates its call for their immediate and unconditional release. Journalists threatened with imprisonment under Turkey’s terrorism law Follow the news on Turkeycenter_img to go further News Human rights groups warns European leaders before Turkey summit TurkeyEurope – Central Asia Protecting journalistsMedia independence Judicial harassmentImprisonedFreedom of expression Help by sharing this information April 28, 2021 Find out more RSF_en News April 2, 2021 Find out more April 2, 2021 Find out morelast_img read more

26
May
2021

Supreme Court Weekly Round Up

first_imgTop StoriesSupreme Court Weekly Round Up Sanya Talwar6 Dec 2020 7:45 AMShare This – xTOP STORIES1. Attorney General Grants Consent For Contempt Action Against Artist Rachita Taneja For Illustrative Tweets Against Supreme CourtThe Attorney General for India, KK Venugopal has granted consent to a law student for initiating contempt of court proceedings against a comic illustrator Rachita Taneja, for her illustrative tweets depicting Supreme Court being hand in glove with…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?LoginTOP STORIES1. Attorney General Grants Consent For Contempt Action Against Artist Rachita Taneja For Illustrative Tweets Against Supreme CourtThe Attorney General for India, KK Venugopal has granted consent to a law student for initiating contempt of court proceedings against a comic illustrator Rachita Taneja, for her illustrative tweets depicting Supreme Court being hand in glove with the ruling party, BJP.2. “Not Maintainable”: Supreme Court Dismisses PIL Seeking Removal Of Andhra Pradesh CM Jagan Mohan Reddy [GS Mani V. UOI]The Supreme Court on Tuesday dismissed the plea seeking appropriate action against Andhra Pradesh Chief Minister Jagan Mohan Reddy for making public allegations against Justice N V Ramana, the second senior judge of the Supreme Court.3. Supreme Court Dismisses Chanda Kochhar’s Challenge Against ICICI Bank Terminating Her Services [Chanda Kochhar V. ICICI]Noting that the only controversy involved is that of the bank having earlier accepted her resignation and subsequently, terminated her, the Supreme Court on Tuesday observed that the issue being of the contractual relationship between a private bank and its employee, it did not call for invocation of the writ jurisdiction, and dismissed former ICICI bank MD Chanda Kochhar’s plea.4. Supreme Court Asks Centre,States To Suggest Measures To Ensure Compliance Of Social Distancing & Mask-Wearing Norms [In Re: Mismanagement of Covid & Manhandling Dead Bodies]The Supreme Court on Thursday directed the Centre and State Governments to put forth suggestions for proper implementation of guidelines and SOP’s for social distancing and wearing masks during COVID-19. A bench of Justices Ashok Bhushan, R. Subhash Reddy & MR Shah stated that even thought stringent guidelines were in place for ensuring social distancing and wearing masks, they were not achieving desired results and neither were they being followed by most of the states.5. Supreme Court Reserves Judgment On Legality Of Pasting Posters Outside COVID19 Patients’ Homes [Kush Kalra V. UOI]The Supreme Court has reserved judgment in the plea which has challenged the decision of various states Governments to affix posters outside the homes of COVID19 patients who are in isolation. A bench of Justices Ashok Bhushan, BR Gavai & MR Shah asked Solicitor General Tushar Mehta appearing for the Centre whether an advisory can be issued in this regard by the centre so that a State is dissuaded by pasting posters on walls of covid positive patients homes. The law officer told court that such an advisory was already in place.6. Facebook VP’s Challenge Against Delhi Assembly Summons : Committee On Peace & Harmony Intervenes; Supreme Court To Hear In January [Ajit Mohan V. Legislative Assembly, NCT Delhi]The Supreme Court on Thursday adjourned to January the plea filed by Vice-President of Facebook India Ajit Mohan challenging the summons issued to him by Delhi Assembly’s Committe on Peace and Harmony in connection with the February 2020 Delhi Riots. A Bench of Justices SK Kaul, Dinesh Maheshwari and Hrishikesh Roy presided over the matter and issued notice in an Intervention Application filed on behalf of the Committee which was represented by Senior Advocate Rajeev Dhavan.7. Supreme Court Stays Gujarat HC Order Directing Persons Not Wearing Masks To Do Community Service At COVID-19 Centres [State of Gujarat V. Vishal Awtani]The Supreme Court on Thursday stayed the Gujarat High Court order which had directed the State of Gujarat to come up with a policy or order that would direct for those caught without a face cover/mask to be compulsorily sent to COVID-19 care centres for community service. While staying the order, the Supreme Court remarked that the Gujarat High Court direction was disproportionate and may lead to health problems. The top court however asserted that masks are compulsory & violators should be penalized as per law.8. Franklin Templeton : Supreme Court Asks Trustees To Call Meeting Of Unit Holders; Stay On Redemption The Supreme Court on Wednesday directed a stay on redemption requests from investors and allowed Franklin Templeton Trustees to call for meeting of unit holders to seek their consent/approval. A bench of Justices Abdul Nazeer and Sanjiv Khanna was hearing a plea by Franklin Templeton Mutual Fund’s (FT), challenging a Karnataka High Court order according to which the decision to wind down six debt schemes required simple majority consent from unit investors.9. Supreme Court Stays NCLAT Direction For Probe Against Flipkart Under Competition Act [Flipkart India V. CCI]The Supreme Court on Wednesday stayed the March 4 order of National Company Law Appellate Tribunal (NCLAT) directing a probe by the Competition Commission of India against e-commerce major Flipkart for an alleged use of its dominant position. Senior Advocate Harish Salve, appearing for Flipkart, argued that the order was passed on an erroneous premise that his client had a “dominant position” in the e-commerce market.JUDGMENTS10. Ensure CCTV Cameras Are Installed In Each And Every Police Stations: Supreme Court Directs States/UTs [PARAMVIR SINGH SAINI vs. BALJIT SINGH]The Supreme Court has observed that the State and Union Territory Governments should ensure that CCTV cameras are installed in each and every Police Station functioning under them. Justice RF Nariman led bench observed that these directives shall be implemented both in letter and in spirit as soon as possible. The court has also directed the Central Government to install CCTV cameras and recording equipment in the offices of central agencies like CBI, NIA etc.11. Conduct Of Public Bodies Has To Be Fair & Not Arbitrary; Do Not Force Citizens To Approach Courts : Supreme Court [Chief Executive Officer And Vice Chairman Gujarat Maritime Board Vs. Asiatic Steel Industries Ltd]The Supreme Court observed that, the conduct of a public body charged to uphold the rule of law, has to be fair and not arbitrary. The court observed thus while dismissing Gujarat Maritime Board’s appeal against the High Court judgment which allowed the writ petition filed by “Asiatic Steel” Court seeking refund of contract consideration of ₹3,61,20,000/- paid by them to the Board.12. Article 32 Is An Important & Integral Part Of Basic Structure Of Constitution : Supreme Court [Skill Lotto Solutions V. Union of India & Others]The Supreme Court reiterated the importance of Article 32 of the Constitution of India in a judgment delivered on Thursday. “Article 32 is an important and integral part of the basic structure of the Constitution. Article 32 is meant to ensure observance of rule of law. Article 32 provides for the enforcement of the fundamental rights, which is most potent weapon”, observed a bench comprising Justices Ashok Bhushan, R Subash Reddy and M R Shah.Also Read: Supreme Court Upholds Levy Of GST On Lottery, Betting And Gambling13. Dismissal Of SLP Has No Consequence On Question Of Law: Supreme Court [Inderjit Singh Sodhi V. Chairman, Punjab Electricity Board]The Supreme Court has observed that the the dismissal of special leave petition is of no consequence on the question of law. In this case, the Division Bench of the High Court set aside the Single Bench judgment that allowed the writ petitions for the grant of 9/16 years’ time bound revised promotional scale to the petitioners. The division bench had followed the dictum of the judgment in Bhakra Beas Management Board v. Krishan Kumar Vij to hold that the petitioners are not entitled to relief sought.14. ‘Victim Could Not Understand The Good And Bad’: Supreme Courts Upholds Conviction Of Man Accused Of Raping A Mentally Disabled Girl [Chaman Lal V. State of Himachal Pradesh]The Supreme Court has upheld the conviction of a man accused of raping a mentally disabled girl with low IQ. While considering the appeal filed by accused, the Apex Court bench noted that there is not in dispute that the accused had sexually intercourse with the victim and that the victim delivered a baby child and that the accused is found to be the biological father of the baby child delivered by the victim.15. High Courts Having No Commercial Division Competent To Consider Cancellation Of Design Under Section 22(4) Of Designs Act : Supreme Court [S D Containers, Indore v M/s Mold Tek Packaging]The judgment delivered by the Supreme Court on December 1 in the case S D Containers, Indore v M/s Mold Tek Packaging Ltd discusses the interplay between the Designs Act 2000 and the Commercial Courts Act 2015. A bench comprising Justices L Nageswara Rao, Hemant Gupta and Ajay Rastogi held that it is not necessary that a suit involving the issue of cancellation of design under Section 22(4) of the Designs Act should be heard by a High Court having a Commercial Division. It held that a High Court without original civil jurisdiction and a commercial division is competent to consider such a case.16. Magistrate Can Order Registration of FIR U/S 156(3) For Offences Under Mines And Minerals Act,No Bar U/S 22: Supreme Court [Jayant vs. State of Madhya Pradesh]The Supreme Court has observed that the bar under Section 22 of the Mines & Minerals (Development & Regulation) Act, is not attracted when a Magistrate in exercise of powers under Section 156(3) of the Code of Criminal Procedure orders/directs the concerned Incharge/SHO of the police station to lodge/register crime case/FIR even for the offences under the MMDR Act and the Rules.17. Long Delay In Lodging FIR A Valid Consideration To Grant Anticipatory Bail : Supreme Court [Sumedh Singh Saini V. State of Punjab]The Supreme Court has observed that a long delay in lodging FIR can be a valid consideration for grant of anticipatory bail. The bench headed by Justice Ashok Bhushan observed thus while allowing the anticipatory bail plea of former Director General of Police (DGP), Punjab, Sumedh Singh Saini who had sought the bail relation to the 1991 Balwant Singh Multani murder case.18. [Doctrine Of Legitimate Expectation] State Must Discard The Colonial Notion That It Is A Sovereign Handing Out Doles At Its Will: Supreme Court [State of Jharkhand vs. Brahmputra Metallics Ltd., Ranchi]The state must discard the colonial notion that it is a sovereign handing out doles at its will, remarked the Supreme Court in a judgment delivered on Tuesday. The bench comprising Justices DY Chandrachud and Indu Malhotra observed that the doctrine of substantive legitimate expectation is one of the ways in which the guarantee of non-arbitrariness enshrined under Article 14 finds concrete expression.19. Dowry Death – No Conviction Under Section 304B IPC If Unnatural Death Is Not Established : Supreme Court [Sandeep Kumar V. State of Uttarakhand]The Supreme Court has held that the offence of dowry death under Section 304B of the Indian Penal Code cannot be made out if the cause of death has not been established as unnatural. The Court also held that it has to be shown that the deceased wife was subjected to cruelty or harassment in connection with demand for dowry soon before her death.OTHER IMPORTANT UPDATES20. Supreme Court Dismisses Plea Seeking Inclusion Of Govt Nominees In Trust To Build Mosque At AyodhyaThe Supreme Court on Friday dismissed a plea seeking for directions to the Central Government to create a trust consisting of government nominees belong to the Sunni Muslim Community for building of the mosque on the land in Ayodhya allotted to UP Sunni Waqf Board. A Bench headed by Justice Rohinton F.Nariman heard the arguments of Advocate Hari Shankar Jain and proceeded to dismiss the plea.21. Plea For Stringent Bail Provisions, Reverse Onus, Death Sentence For Rape: Supreme Court Asks Govt. To ConsiderThe Supreme Court, on Wednesday, refused to entertain a writ petition seeking a direction to the Government to bring certain reforms and amendments in the law to make it stringent and deterrent in cases of rape with grievous injury, gang rape and rape/gang-rape with murder. While disposing the writ petition filed by Advocate Kirti Ahuja and others, the Court, however, granted them liberty to make a representation to the Ministry of Home Affairs, Ministry of Law and Justice and Ministry of Women and Child Development regarding the issues and said that it ‘hopes and trusts that they shall consider the same and take appropriate action on that’.22. Supreme Court Pulls Up Telangana Govt For ‘Insensitivity’ Towards Case Of BHEL Officer’s Suicide Due To Workplace Sexual Harassment The Supreme Court on Friday came down heavily on the Telangana government and the Telangana state police for their insensitive approach towards a BHEL employee who committed suicide last year on account of workplace sexual harassment. The bench of Justice A. M. Khanwilkar was hearing a writ petition, through advocate Alakh Alok Srivastava, by the victim’s mother seeking to urgently transfer the criminal investigation pertaining to the unfortunate death of her young and energetic daughter due to sexual harassment at her workplace at BHEL, Hyderabad from Telangana state police to the CBI or to any other independent central agency.23. Conversion of Standard Accounts To NPAs In The Absence Of Business Violates Art 19(1)(g) : Stakeholders Seek Loan Moratorium ExtensionThe Supreme Court continued the hearing in the pleas pertaining to extension of loan moratorium along with petitions by specific sectors. A bench of Justices Ashok Bhushan, BR Gavai & MR Shah stated that it shall hear Solicitor General Tushar Mehta Thursday. On Wednesday, various sectors made submissions before the Supreme Court. Senior Advocate Kapil Sibal appearing for CREDAI HR informed Court that the conversion of standard accounts to NPA’s w.e.f. September 1 in absence of business rolling in was violative of Article 19(1)(g) of the Constitution.”State of the economy states that there will be havoc by December 10, RBI is saying that the borrower & lender will decide among themselves. Their (Union) position today is that your lordships have no jurisdiction to go into this,” said Sibal.24. ‘Why Can’t Road Take A Turn Around A Tree?’ Asks CJI On Plea To Cut Trees For Road Development’Why can’t the road take a turn around the tree? That will only mean that speed will be slow. If the speed is slow, it will lower accidents and will be more safer,” CJI SA Bobde observed today while hearing an application filed by UP Government for cutting trees for Krishna Goverdhan road project in Mathura. The Public Works Department of Uttar Pradesh Government and the UP Bridge Corporation had filed an application before the Top Court for felling 2,940 trees for the project.25. Char Dham Road Project: Supreme Court Directs High Powered Committee To Consider Applications Against Reduction Of WidthIn Char Dham road project matter, the Supreme Court on Wednesday asked the High Powered Committee set-up by it to consider the applications filed before the Court by the Ministry of Defence and the Ministry of Road Transport & Highways, against reducing the road width, in two weeks. The ministries had sought permission for the widening of the road in border areas and the completion of the Char Dham road project with the originally specified width.26. ‘Rakhi For Bail’ Order : Attorney General Says Judges Should Avoid Patriarchal Approaches; Supreme Court Reserves JudgmentThe Supreme Court on Wednesday reserved orders in a plea filed by eight lawyers which challenged a Madhya Pradesh High Court order wherein a bail condition had been imposed on the accused that he would be tied a Rakhi by his survivor whose modesty he had outraged. A Bench headed by Justice AM Khanwilkar was also adjudicating upon directions sought from the Apex Court against similar Orders which trivialize/tend to trivialize the occurrence of serious sexual offences against women and children.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

26
May
2021

Supreme Court Adjourns SNC Lavalin Case Again On CBI’s Request, Posted For Final Hearing On April 6

first_imgTop StoriesSupreme Court Adjourns SNC Lavalin Case Again On CBI’s Request, Posted For Final Hearing On April 6 Mehal Jain22 Feb 2021 11:55 PMShare This – xThe Supreme Court on Tuesday adjourned the Lavalin case, (in which CBI has challenged the discharge of the incumbent chief minister of Kerala) to April 6.When the matter came up before a bench headed by Justice UU Lalit, ASG SV Raju for the CBI prayed for a short adjournment- “I am engaged in a part heard matter in another court. Please have it next week. The matter may be heard the whole day…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 Tuesday adjourned the Lavalin case, (in which CBI has challenged the discharge of the incumbent chief minister of Kerala) to April 6.When the matter came up before a bench headed by Justice UU Lalit, ASG SV Raju for the CBI prayed for a short adjournment- “I am engaged in a part heard matter in another court. Please have it next week. The matter may be heard the whole day and disposed off”The bench was inclined to have it at the end of board today itself – “We will hear it if it reaches. All your other engagements will also be over by then”, said Justice Lalit.The ASG urged that it is a final hearing matter and will be over in one day and repeated his request for a listing next week.After a brief conference among themselves, the bench listed it for April 6.”I wanted a little early date”, urged Mr Raju. The bench said that the same may not be possible.The bench was hearing the CBI appeal challenging the Kerala High Court verdict upholding a special court’s decision to allow the discharge petition of Kerala Chief Minister Pinarayi Vijayan, one of the accused in the SNC-Lavalin case.In December, 2020, the Court liberty to the CBI to file any additional documents,. SG Tushar Mehta, for the CBI, had submitted at the outset, “I will argue this matter. But it will take some time, and I am currently a part of an ongoing matter. Could Your Lordships take it up on some other day? ” “Considering the kind of matters you are busy with, something or the other will keep coming up”, observed Justice Lalit.Ultimately, the bench agreed to list it on January 7, 2021 at the end of the board.Sr. Adv. R. Basant, for one of the accused, advanced, “The CBI had wanted to file some documents. But no copies have been given to us””Do you wish to file something, or should we (unclear)?”, inquired Justice Lalit from the SG. “Yes. They will be filed in 1 week maximum”, assured the SG. The bench then adjourned the case, with liberty to file additional documents to the CBI.On October 8, the SG had submitted, “This is a case where the accused were discharged despite a detailed chargesheet having been filed by the CBI. i have submitted the chronology of facts- a PIL was filed and the Kerala High Court directed investigation by the CBI. The investigation was carried out and a detailed charge sheet was filed on 10.6.2009. Thereafter, discharge applications were filed, which were allowed. Thereafter, the High Court in revision approved the order of discharge, which we have impugned before Your Lordships’.”So you are up against the discharge of some respondents(including incumbent Kerala Chief Minister Pinarayi Vijayan)? And the others are appeals by those who were not discharged?”, clarified Justice Lalit.”What grounds weighed with the HC in allowing the discharge?”, asked the judge.”The trial court had discharged the persons. I have circulated a note in this behalf. It may require a little examination at your end”, replied the SG.”But if two courts have concurrently held that these respondents need not be tried and have been discharged, we will need very strong submissions on your behalf for dislodging the opinion of these two courts”, observed Justice Llait.The bench had showed an inclination to pass over the matter to be able to peruse the note circulated.”But I also need to compile some documents to be able to present them to the court”, said the SGThe bench observed that the said documents must be part of the record, and the SG replied that he cannot travel beyond that.Accordingly, the bench had adjourned the matter to October 16 to be taken up at the end of the board, allowing the CBI to file a comprehensive note on the factual aspects, besides the documents. The bench also directed that copies of the same be given to the other counsel.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

25
May
2021

Man charged in historical sexual abuse case in Sligo

first_img Twitter A man in his 70’s is to appear in Court in Sligo this morning charged in connection with an historical sexual abuse case dating back to 1978.He is to be charged in relation to allegations of indecent assault after an investigation launched in March of last year.The charges relate to incidents which took place between 1978 and 1986 respectively.He is due before Sligo District Court this morning. Google+ Previous articleLocal tanning salon owner defies change to reopening guidelinesNext articleBreastCheck facing significant delays News Highland Community Enhancement Programme open for applications By News Highland – June 11, 2020 WhatsApp Man charged in historical sexual abuse case in Sligo Important message for people attending LUH’s INR clinic Pinterest RELATED ARTICLESMORE FROM AUTHOR Google+center_img Facebook News, Sport and Obituaries on Monday May 24th Twitter Pinterest Loganair’s new Derry – Liverpool air service takes off from CODA Arranmore progress and potential flagged as population grows Nine til Noon Show – Listen back to Monday’s Programme Facebook WhatsApp Homepage BannerNewslast_img read more