LGBT TORONTO FILM FESTIVAL – CALL FOR SUBMISSIONS

first_imgA very insightful experience! The Feedback video was a gift and the entire team was extremely professional and helpful throughout the process.– Kate MontgomeryThis festival is designed to showcase the best of LGBT stories from around the world today! We accept screenplays (short, TV Pilot, feature) and short films from all corners of the world.CLICK HERE FOR SUBMISSION DETAILS AND INFORMATION Advertisement Read daily Testimonials: https://lgbttorontofilmfestival.com/category/testimonials/We are proud to showcase a winning LGBT screenplay at our festival every single month!! Go to the site and watch the winning readings each month.All entries receive full feedback from the industry. Accepted screenplays get their screenplays performed by professional actors. Accepted short films get their movie showcased at the FEEDBACK Film Festival at the Carlton Cinemas, located in The Village in downtown Toronto.One of North America’s leading gay destinations, Toronto has been holding Pride observances since the ’70s. The Pride parade draws more than 1.2 million spectators and participants annually, making it one of the top such draws in the world. Before the parade, the festival will take place. The cinema is located in the Church & Wellesley area, where all of the Pride Events take place.LGBT festivals occur 6 times a year. Go to the website for information on the next events.CLICK HERE FOR SUBMISSION DETAILS AND INFORMATION Facebook Advertisement Awards & PrizesFor examples of what you’ll receive, watch the best of videos from the festival in the last two years:LBGT Winning Screenplays:https://www.youtube.com/watch?list=PL-0CVDAfvxipAs5K-4inkEO_qClH6eVkw&v=k3tLNO_8ilILGBT Short Film Videos:https://www.youtube.com/watch?list=PL-0CVDAfvxirbP5076b37hmkhp-oa0kzZ&v=cIaDt3vIlY0center_img Advertisement Login/Register With: LEAVE A REPLY Cancel replyLog in to leave a comment Twitterlast_img read more

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Russell Westbrook Is Ungodly But The Thunder Probably Wont Win It All

Welcome to the latest episode of Hot Takedown, FiveThirtyEight’s sports podcast. On this week’s show (Nov. 1 , 2016), we take a look at the World Series and wonder if the role of the closer has changed forever after the Chicago Cubs and Cleveland Indians started deploying their closers as long relievers. Then, we chat about Russell Westbrook’s amazing start to the NBA season and ask if teams led by point guards can win championships. Finally, we talk about Tom Brady’s return from suspension, and Neil Paine explains why there’s a 50/50 chance Brady would have won a Super Bowl on every team in the NFL. Plus, a significant digit about the Oakland Raiders’ penalties.Links to what we discussed:Neil Paine says the Cubs’ comeback only gets harder from here.Jeff Sullivan at Fangraphs says Cubs manager Joe Maddon Terry Francona’d Aroldis Chapman in Game 5 of the World Series.Kevin O’Connor at The Ringer writes that Russell Westbrook’s liberation tour is everything we wanted it to be.Neil Paine breaks down why Chris Paul has never gone far in the postseason.Neil also explains how Tom Brady’s return has made the Patriots that much better.Significant Digit: 23. That’s the number of times the Oakland Raiders were dinged for a penalty in their 30-24 win over Tampa Bay on Sunday. That was the most penalties for one team in a single game since at least 1940 and the third-most penalty yards that any one team has racked up in a single game in that same span.Also, remember to check the Hot Takedown feed on Thursday for the fourth installment of our documentary series Ahead Of Their Time. The series looks at coaches and players who did something radical for their era and were later proven right by analytics. The new episode is about the two women who invented the double-handed backhand. You can find the previous three episodes here. More: Apple Podcasts | ESPN App | RSS | Embed Embed Code FiveThirtyEight read more

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PDM reveals TCI financial plan in Budget debate

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, April 18, 2017 – Grand Turk – Historically today, the Turks and Caicos will hear the financial plan of a new government which is led by a lady, who also happens to be the country’s Minister of Finance, Investment and Trade, Hon Sharlene Robinson.It has been 13 years since the People’s Democratic Movement as Government has laid out their fiscal strategy for the Turks and Caicos Islands, and while the budget is said to have a continuation of many PNP projects there are allotments which the PDM is touting as characteristic of what their party deems important to national development.In a debrief this morning, Speaker of the House of Assembly, Hon Dwayne Taylor shared with Magnetic Media that coverage of the session will be wide with live streaming online at Facebook courtesy of Life Productions, on Digicel Play Ch2 also courtesy of Life Productions; on radio via Radio Turks and Caicos which also has live audio streaming from its website and aired over Ch53 on the PTV network and there is live coverage by 4News on the Digicel network.Hon Taylor said he anticipates 100% attendance by all elected and appointed members of Parliament for the convening which opened at 10am and opening prayer is by Rev. Claire Robinson. Acting Attorney General, Dr. Michael Dillon will be sworn in to fill the ex-officio role of the AG in the House of Assembly, as Hon RhondaLee Braithwaite-Knowles is absent.The Appropriations Bill 2017-2018 will be presented by Premier Robinson, a rebuttal by the Leader of the Opposition PNP or a designate will follow.    “It is expected that debate on the Budget will take up most of the proceedings and we expect that the Bill will go through all three readings today,” explained Speaker Taylor.While you never know, the Speaker said he expects there to be no hiccups in HOA operations today, and announced that within this fiscal year it is expected that the House of Assembly will again be relocated for 3-4 months for repairs, which includes the leaky roof of the NJS Francis Building, which is where parliament is housed.  The building is a part of an already heralded ‘green project’ by the PDM Administration.Two other bills are on the agenda for a possible first reading, and the hot button issue of service charges to hospitality workers will see the Private Members Motion requesting an amendment to the law likely to a second reading within this session which runs until this Friday, April 21, 2017.The Premier does have the prerogative to re-order the agenda, so things could change explained the Speaker.  On the order paper, five questions from the Opposition; four from Leeward and Long Bay Hills member, Hon Akierra Missick and one question from Appointed member for the PNP, Hon Royal Robinson.The House of Assembly is currently in session.#MagneticMediaNews#HOAinsession#historicdayinTCIHouseofAssembly Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:#historicdayinTCIHouseofAssembly, #HOAinsession, #magneticmedianewslast_img read more

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Solskjaer wary of Liverpools threat as he seeks Fergies support

first_imgOle Gunnar Solskjaer has opened the door to Sir Alex Ferguson to give Manchester United’s team talk before they face bitter rivals Liverpool at Old Trafford on Sunday.Solskjaer who understands the magnitude and importance of the clash wants his team to have a grasp of what it means to the fans.And the interim manager believes Fergie is the right man for the job despite admitting they cannot be caught up in the emotion of the occasion.🤣During the press conference this morning, Ole Gunnar Solskjær joked that Sir Alex Ferguson will take the Manchester United team talk against Liverpool!😬Who would like to see this happen?! #MUFC #MUNLIV pic.twitter.com/GEcmShOqPu— Betfred (@Betfred) February 22, 2019“He would be welcome to have his talk to the players because we know how much it means for him to overtake Liverpool,’ said Solskjaer of his former manager who took such delight in ‘knocking Liverpool off their f***ing perch’ during his 26 years at Old Trafford.“I played in a few of these myself and know the magnitude of it for the fans and everyone who works here. He told the Daily Mail.“The staff there have been making comments that this is the big one, then it’s our job to be focusing and channelling all that energy into performance mode when we start the game on Sunday.“It’s not about emotions. I understand emotion can be brought into it but we have to stay focused and controlled with some fight in us as well.Harry Maguire, Manchester UnitedLiverpool legend Nicol slams Harry Maguire’s Man United form Andrew Smyth – September 14, 2019 Steve Nicol believes Harry Maguire has made some “horrendous mistakes” recently, and has failed to find his best form since joining Manchester United.Solskjaer went to explain the need to win the game in what could be pivotal to securing a Champions League spot“For them, it’s a big game, we want to be in the top four and we’re playing Liverpool. We know how big that game is for Manchester United, the staff and supporters.“We’re just looking forward to another challenge for this team. We want to build this team to be worthy of Manchester United’s history.”Asked if he would prefer Tottenham to win what he sees a three-horse title race, a smiling Solskjaer replied: ‘Maybe!’”Whoever we play against, we want to win the game.”The Reds are well aware of the threat #MUFC will pose but head to Old Trafford with designs only on bringing the three points back to Anfield, @MoSalah insists…https://t.co/htDH5OILxV— Liverpool FC (@LFC) February 22, 2019Solskjaer believes the clash with their arch-rivals will be somewhat similar to the PSG tie. He, however, feels his players are ready to show they have learned from that experience.“We have to perform better than we did against PSG because it’s a big game and a big team,’ he said. ‘Suddenly we’re not underdogs anymore.“We know we’re in for a very tough game. Liverpool have been fantastic and will know to come to Old Trafford it should be a difficult one. They pay us respect and we’ll pay them respect.”last_img read more

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QuadGraphics HGI Partner to Expand Services

first_imgSussex, Wisconsin-based commercial printer Quad/Graphics has entered into a partnership with fellow Wisconsin printer HGI Company to provide both companies’ clients with a more complete range of products and services. Under the agreement, which was announced this week, Quad/Graphics will purchase a minority interest in HGI, providing it with additional resources to expand its product line. HGI president/CEO Craig C. Faust will retain his position at the company as well as majority ownership.The printers said the partnership will allow HGI to capitalize on Quad/Graphics’ technological capabilities, including high-speed, high-resolution digital presses, some with inline finishing capabilities; economies of scale and efficiencies through Quad/Graphics’ logistics services; comprehensive digital imaging services; extensive data and strategy services for leveraging customer intelligence to create personalized marketing programs; and a substantial geographic footprint spanning the U.S., Europe and South America.According to Faust, HGI “will be able to make investments that will allow us to execute more quickly on our growth strategy in short- to medium-run length commercial print. We’ll also leverage Quad/Graphics’ cutting-edge technology and capabilities and operational expertise to better serve our clients and give them the most value for their print spend.” And through HGI, Quad/Graphics said it will be able to offer clients quick-turn commercial printing needs, including in-store/point-of-purchase materials; marketing collateral; short-run books, catalogs and directories; print-on-demand custom publications; and specialty binding.In January, Quad/Graphics agreed to buy Worldcolor, formally Quebecor World, for an estimated $1.4 million stock exchange.last_img read more

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Report UBM Chairman John Botts to Retire

first_imgEvents make up the largest segment of the company’s business, followed by targeting, distribution & monitoring; data services; online (marketing services); and, finally, print. UBM plc has commenced a search to replace chairman John Botts, who is planning to retire as soon as May 2012, according to a report this week in The Independent. A spokesperson from the company declined to confirm or deny the Independent’s report due to corporate policy.Botts became chairman in December 2007 after being appointed to the UBM board in 1997 as a non-executive director. He is currently senior advisor in London of investment firm Allen & Company and chairman of private equity firm Botts & Company. The company, led by CEO David Levin, saw an overall revenue increase of 9.8 percent to $1.1 billion for the first nine months 2011, with its events segment leading the way at $436.4 million, up 26.6 percent from the year before. Print revenues fell 17 percent to $135 million during the first three quarters 2011 versus the previous year. For 2010, the company reported overall revenue of $1.39 billion, with an adjusted EBITDA of $294.9 million.last_img read more

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TheStreet Expands Video Production

first_imgRecent Harvard graduate Sophie Bearman will step in as an associate producer. Jeremy Jeennings, a recent Radford University graduate, will also serve as an associate producer.The Motivation?TheStreet’s decision to build out its video strategy is in line with several publishers who are refocusing strategies and resources to leverage the popularity of video content. “We were really seeing a big shift into online video, and more recently, in the last six months, we saw an explosion in tablet and mobile, with a [viewing] increase of 60 percent,” says head of video, Ruben Ramirez.Ramirez also indicates that there is a clear hole in the market when it comes to quality video content for business and financial news and information. Not only that, but he maintains that TheStreetTV is looking to offer up something unique.”My mandate was to try and do something that not everyone out there is already doing. We want to shift the paradigm in terms of how long segments are, how they look and how people interact with them,” he says.What to ExpectRamirez refers to vision as “video 2.0,” and isn’t only looking to improve video content for consumers, but also advertisers. “Nobody likes to sit through a 30 second ad, so we want to figure out how to change that and create value for the advertiser without shutting out the consumer,” he says.For now, ads will run in a traditional pre-roll format, but Ramirez says the goal is to capitalize on mobile and tablet capabilities and develop ads that are interactive and dynamic.TheStreetTV’s videos will be distributed across all its company verticals. Additionally, there are already about 30 distribution channels in place including Roku, asset.TV, Yahoo! and AOL.Ramirez states that the strategy and rollout will be incremental, but the essentials are coming together nicely. “Building a platform from scratch is something that takes a little time. So we have been focused on making sure we have an infrastructure in place,” he says. The infrastructure includes two dedicated studios, a stable of advertisers, distribution channels and a growing team of video production specialists. TheStreet announced three new appointments this week to its video production team in an effort to increase the volume and quality of its video content. This fall the new team will launch six original series to kick things off.Mark Sugarman will serve as video creative director. Sugarman joins TheStreet from MSNBC, where he was lead graphic designer for “The Ed Show.”Daniel Lebo will now serve as video optimization manager. He was serving as a video producer for the company.last_img read more

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What Was Life Like Beside Bowie New Doc On Guitarist Mick Ronson

first_img New Rock Doc On Bowie Guitarist Mick Ronson what-was-life-beside-bowie-new-doc-guitarist-mick-ronson Email Twitter News What Was Life Like Beside Bowie? New Doc On Guitarist Mick Ronson Facebook Guitar great and David Bowie’s early ’70s musical partner is the subject of a new documentary out this fall Nate HertweckGRAMMYs Aug 31, 2017 – 5:52 pm As of late, more and more compelling music documentaries have been unearthing the stories behind the eras and albums we love. This fall, glam-rock guitar great Mick Ronson’s story gets its own rock doc.Behind Bowie: The Mick Ronson Story follows Ronson’s prolific career from his work with David Bowie as guitarist in the Spiders From Mars to his work with Lou Reed on his 1972 classic album, Transformer, and then with Bob Dylan as part of the Rolling Thunder Review live band in 1975–1976.”I spent a little time with David [Bowie],” Queen drummer Roger Taylor says in the trailer, “and he used to say when I found Mick Ronson, I found my Jeff Beck.”Ronson’s untimely death in 1993 at age 46 came far too soon, and Bowie said of his musical sideman, “If Mick had lived on, he would have become a major producer and arranger, and of course, he would have remained one of rock’s great guitar players.”The film hits select theaters Sept. 1 and home video Oct. 27.Read More: James Murphy On Advice From David Bowie, Being “Done” With Producinglast_img read more

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10000 Musicians Fans Gather To Honor Fats Domino In New Orleans

first_imgFats Domino Second Line entering the Lower 9th right now. pic.twitter.com/nn8o3juQFT— Beau Willimon (@BeauWillimon) November 1, 2017 Twitter Facebook News NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO Oct 25, 2017 – 2:20 pm Recording Academy Remembers Fats Domino “Second line” parades are a classic New Orleans tradition, where in brass musicians, parade watchers and other partygoers hit the streets to form an impromptu procession following a parade’s “main line,” which is comprised of the actual permitted parade participants. The tradition is so deeply entwined in New Orleans culture and history that many parts of the city have an annual, semiunofficial “second line season,” in which residents engage in spur-of-the-moment second line parades almost every Sunday.As a New Orleans native and longtime resident prior to his passing, Fats Domino would surely have been touched by the outpouring of support and joyous celebration of his life and contribution to the city’s musical culture.Sharon Jones & The Dap-Kings: Watch New Video For “Call On God” https://twitter.com/BeauWillimon/status/925862382726983681center_img The rock and roll pioneer received an unforgettable musical send-off from his hometown Brian HaackGRAMMYs Nov 2, 2017 – 12:00 pm An estimated 10,000 people gathered on Nov. 1 to say farewell to the late rock and roll pioneer Fats Domino, who passed away on Oct. 24 at the age of 89. In inimitable New Orleans style, the gathered crowd broke out their brass horns, tambourines, and Mardi Gras digs to give Domino an unforgettable “second line” send off as they marched through the city’s iconic Ninth Ward and past the singer’s former home on Caffin Avenue.  Participants included Dominos’ grandson Chevis Domino and fellow New Orleans natives Dr. John and Trombone Shorty, as Billboard reports. 10,000 Musicians, Fans Gather To Honor Fats Domino In New Orleans Fats Domino’s 10,000-Strong Second Line Send-Off 10000-musicians-fans-gather-honor-fats-domino-new-orleans Email last_img read more

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Razer unleashes new gaming laptops with overhauled Blade Pro 17 and OLED

first_img See it 23 Photos Razer makes its Blade Pro gaming laptop future-ready Comments Now playing: Watch this: Razer’s mid-2019 Blade gaming laptops glide along the cutting edge 1:34 Tags The price is down, too — it was $4,000 when it launched in 2017, but now it will start at $2,499 with an RTX 2060.Unfortunately, the drawback of its shrinkage is we lose a couple of our favorite features: the volume scroller on the keyboard and the side-lighting on the touchpad. But Razer has also replaced the meh keyboard of its predecessor with a better version.Razer packs it with the most-recent technologies in a lot of areas, to future-proof it against another few years — they include 2.5GB Ethernet, Wi-Fi 6 (aka 802.11ax), a UHS-III SD slot and upgradable memory. Those, plus the RTX GPUs, make this sound like a potentially great option for video editing, not just for playing the AAAs.We’d love an OLED display to round out that package, but, alas, the technology isn’t here for 17-inch panels yet. But it is for 15 inches, and the Blade 15 Advanced’s getting one as an option: a 60Hz 4K touchscreen with 100% DCI P3 gamut coverage, though it’s available on the RTX 2080-based model only. Plus, the Advanced models now have a 240Hz HD option, Wi-Fi 6 and 10 Gbps USB 3.2 Gen 2. CNET may get a commission from retail offers. Razer Blade Procenter_img Share your voice $3,299 Review • Razer Blade Pro review: Which organs can you live without? Preview • Razer Blade Pro: the best graphics in a thin laptop for an insane price Laptops Gaming 3 Enlarge ImageThe 2019 Razer Blade Pro 17 (left) compared to its 2017 predecessor. It’s prettier on the inside, too. Sarah Tew/CNET While every laptop and its brother is partying with a bump to ninth-gen Intel Core mobile processors and Nvidia’s new, cheap mobile gaming GPUs, Razer’s gone beyond, launching a major overhaul of its 2-year-old 17-inch Blade Pro, which shrinks both in size and price. It takes on the same design as the most recent Blade 15 Advanced, bringing slim display bezels and a conventionally located center trackpad to decrease its volume. And, of course, make it thinner. Mentioned Above Razer Blade Pro Razerlast_img read more

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Harbour Air plans to be the first electric airline and itll do

first_img Now playing: Watch this: 21 Photos More From Roadshow 2020 BMW M340i review: A dash of M makes everything better Aviation 0 3:24 Roadshow Electric Cars Post a commentcenter_img 2019 Honda Civic review: A complete package Share your voice Pal-V Liberty flying car is defined by what it isn’t Enlarge ImageMost of Harbour Air’s fleet of seaplanes could be considered vintage by now, but that won’t stop them from going electric. Harbour Air In a lot of ways, airplanes represent one of the worst possible use cases for electric motors and batteries. Batteries are heavy, and aircraft tend to operate in a steady state at fixed RPMs for long periods, not a recipe for efficiency where EVs are concerned. That’s not going to stop Harbour Air from retrofitting its short-hop seaplane fleet with electric drivetrains from a company called MagniX, Green Car Reports said Sunday. The MagniX system will, in some cases, be replacing internal combustion engines that are well over 50 years old.The upgraded planes will have 200 kilowatt-hour batteries, and their Magni500 electric motors will produce 750 horsepower and around 2,075 foot-pounds of torque. This would give the aircraft an estimated flight time of 30 minutes with 30 additional minutes of reserve.If that doesn’t sound like much, it isn’t. These seaplanes, however, spend much of their time doing short flights from Vancouver, British Columbia, to nearby outlying islands for which the 30-minute flight time should be plenty. The company estimates that those short hops represent 70% of its 30,000 flights annually.Harbour Air currently operates 42 planes in Vancouver and Seattle. Green Car Reports says the goal is to eventually retrofit the entire fleet of planes with electric drivetrains, starting first with the single-engine airplanes like its de Havilland Beavers and finally, when flight time can be extended, tackle the retrofit of its longer-range de Havilland Twin Otters that are used for the flight between Vancouver and Seattle.Once the changeover is complete, Harbour Air will become the world’s first fully electric airline. The company also claims to have been the world’s first airline to go carbon-neutral in 2007 thanks to its program of purchasing carbon offset credits.Harbour Air didn’t immediately respond to requests for comment. Tight handling and new electronics make the 2016 Honda Civic a star compact Tags Flying cars: Five reasons you should tolerate them above…last_img read more

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BSE closes points 13313 up on Feb 28

first_imgNew Delhi, Feb 28 (ANI): Trading at the Bombay Stock Exchange today closed 133.13 points up to stand at 21,120.12. At the National Stock Exchange the Nifty closed 38.15 points up to stand at 6,276.95. JP Power and Piramal Enterprises Ltd were among the top gainers of Group A with an increase of 12.26% and 7.26% along with Hindalco Industries and Power Finance with an increase of 6.86% and 6.71% respectively, while the top losers of Group A include Maruti Suzuki and Dish TV India with a decrease of 4.54% and 3.16% along with Financial Technologies and Nestle India with a decrease of 3.09% and 3.00% at the close of the markets. The Auto sector is up 170.83 points at 12,598.73 while the banking sector is up 33.74 points at 12,284.27 and the realty sector is up 0.26 points at 1,203.50. The Indian currency is down 0.14% at Rs 62.07 per dollar.last_img read more

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66 lakh benefit from Mudra scheme claims PM Narendra Modi

first_imgPrime Minister Narendra Modi on Sunday said some 66 lakh people, including 24 lakh women, have benefited from the Mudra scheme that provides loans for setting up business.”So far about 66 lakh people have benefited … with Rs.42,000 crore spent. I am happy to announce that out of 66 lakh people, some 24 lakh are women,” Modi said in his radio address Mann ki Baat.He said that Dalits, tribals and people belonging to the OBC category make up for most beneficiaries.”The scheme is trying to help small workers such as barbers, laundrymen, milkmen, newspaper vendor who run the economy,” Modi said.”It provides a boost to three Es – Enterprises, Earning and Empowerment. The scheme encourages enterprises, provides opportunity for earning, and in the truest sense empowers people. It is helping small entrepreneurs.”last_img read more

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Jet Airways needs Rs 3500 crore immediately to keep flying Report

first_img Mid-air technical snag forces Etihad flight with 349 people on board to make emergency landing Apart from bloated costs, surging fuel prices and a weaker rupee are hurting Jet Airways. The other reasons cited by senior management in parleys with the staff are an erosion in market share in recent years and the inability to expand into other markets.The rise of Indigo and the launch of Air Asia ate into Jet’s formidable market share.Naresh Goyal launched the airline in 1993. Jet became a listed company in 2005.After starting operations with four Boeing aircraft, Jet Airways became an international carrier in 2004 when it started flights to Colombo.Jet Airways acquired rival Sahara Airlines in 2007.Jet Airways survived a major scare in 2008, when global airline majors faced headwinds. Jet let nearly 2,000 employees go and restructured the operations to stay in business.In its 25 years of operations, Jet Airways aircraft have not been involved in any airline accidents where lives were lost. Closecenter_img A Jet Airways passenger aircraft prepares to land at the airport in the western Indian city of Ahmedabad August 12, 2013. [Representational Image]Reuters fileJet Airways has been the subject of grim rumours in the past week, even as it battled tailwinds owing to ballooning debts, falling market share and increasing fuel prices. The latest report suggests the carrier will need a huge cash infusion immediately to stay afloat.The Naresh Goyal-promoted airline needs as much as Rs 3,500 crore in cash immediately, Bloomberg reported, citing aviation analysts. Besides, the company will also need to restructure a whopping $400 million in debts immediately, the report said.On Thursday, Goyal said he was embarrassed over the troubles the airline was going through. After the company deferred reporting quarterly results, Goyal said he was feeling guilty about investors’ pain. The market freefall continued on Friday, with the stock falling another 15 percent.There have been reports about Jet Airways asking staff to take up to 25 percent cut in wages. However, the management denied it was mooting a pay cut. Reports had also surfaced that Jet was firing staff, which were also rubbished. The Jet management has also reiterated that they have met all loan repayment commitments so far, adding that refinancing options were being explored.However, the latest Bloomberg report cites analysts saying that the airline company’s default risk was the highest in close to three years. The chances of defaulting on loans in the next 12 months is the highest since October 2015, Bloomberg’s Default Risk model data showed.Analysts quoted by Bloomberg said Jet Airways will have to resort to drastic measures to come back from the brink. “They can do that by possibly doing sale and lease-back of their widebodies and getting costs down, especially in the domestic market … If they can recapitalize and restructure, then may be in a couple of years, they can be sustainable,” said Kapil Kaul, South Asia CEO for CAPA Centre for Aviation.Share freefallJet Airways shares plunged 15 percent FridayThe shares have fallen 66 percent so far this yearThis compares to an 11 percent rise in the Sensex in the corresponding periodThe freefall makes the airline stock the worst performing in the Asia Pacific regionJet Airways — debts, losses, other key factsJet Airways has a net debt of 81.5 billion rupees ($1.2 billion)In the year ended 31 March, the airline reported a loss of Rs 636.45 crore. Peers such as SpiceJet and Indigo had reported impressive profits during the same period.Most of Jet’s debts are dollar-denominated and hence a continued fall in the rupee has worsened the debt problem.Abu Dhabi’s Etihad Airways owns 24 percent in Jet Airways. It was reported earlier that Etihad was interested in taking a controlling stake in Jet Airways, but Naresh Goyal, who holds 51 percent, had declined the offer. It remains to be seen if Etihad will raise its stake in the current context.Jet Airways wants to raise loans in the markets but banks have insisted on a turnaround commitment. Loans are unlikely to be approved without significant cost reduction.last_img read more

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Woman killed over Kurigram land dispute

first_imgkurigramA woman was killed and her father injured in an attack allegedly by their rivals over land dispute at Khuliatari village in Razarhat upazila on Tuesday, reports UNB.The deceased is Sajina Begum, 45, daughter of Farhad Ali of the village.Police said Farhad Ali and his brother Farsed Ali had been at loggerhead over the ownership of a piece of land for long.On Tuesday morning, Farsed along with his son Saiful attacked Farhad with a sharp weapon when he went to the disputed land for sowing saplings, leaving him critically injured.At one stage, the attackers also hit Sajina with a sharp weapon when she appeared there to save her father, leaving her injured.Later, they were taken to Rangpur Medical College Hospital where physicians declared Sajina dead.Police detained two people- Sohel, 18 and Sultana Begum, 36- in this connection.last_img read more

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Judge Again Finds Discrimination In Texas Voter ID Law

first_imgAP Photo/LM Otero, FileFILE – In this Nov. 5, 2013 file photo, a sign in a window tells of photo ID requirements for voting at a polling location in Richardson, Texas. A judge has ruled for a second time that Texas’ strict voter ID law was intentionally crafted to discriminate against minorities.The ruling by U.S. District Judge Nelva Gonzales Ramos of Corpus Christi Monday, April 10, 2017, comes more than two years after she likened the ballot-box rules in Texas to a “poll tax” meant to suppress minority voters.A judge Monday again ruled that Republican lawmakers deliberately designed a strict voter ID law to disadvantage minorities and effectively dampen their growing electoral power.It amounted to the second finding of intentional discrimination in Texas election laws in as many months — a separate court in March ruled that Republicans racially gerrymandered several congressional districts when drawing voting maps in 2011, the same year the voter ID rules were passed.Neither ruling has any immediate impact. But the decisions are significant because it raises the possibility of Texas being stripped of the right to unilaterally change its election laws without federal approval. Forcing Texas to once again seek federal permission — known as “preclearance” — has been a goal of Democrats and minority rights groups since the U.S. Supreme Court struck down the requirement in 2013.The latest voter ID ruling by U.S. District Judge Nelva Gonzales Ramos of Corpus Christi comes more than two years after she likened the ballot-box rules in Texas, known as SB 14, to a “poll tax” meant to suppress minority voters. On Monday, she reaffirmed that conclusion after an appeals court asked her to go back and re-examine her findings.The Texas law requires voters to show one of seven forms of identification at the ballot box. That list includes concealed handgun licenses — but not college student IDs — and Texas was forced under court order last year to weaken the law for the November elections.“Proponents touted SB 14 as a remedy for voter fraud, consistent with efforts of other states. As previously demonstrated, the evidence shows a tenuous relationship between those rationales and the actual terms of the bill,” Gonzales Ramos wrote.The state could once again appeal, which is what one of the top deputies of Republican Texas Attorney General Ken Paxton appeared to suggest would happen while testifying to lawmakers just as the ruling came down. Brantley Starr, a deputy first assistant attorney general, acknowledged that Texas could be dragged back under preclearance but noted there was little precedent.“It’s possible. It’s our belief that you’d have to have multiple instances of discriminatory purpose,” he said.Later Monday, Paxton spokesman Marc Rylander remarked, “We’re disappointed and will seek review of this ruling at the appropriate time.”The Texas law was softened in August to allow people without a driver’s license or other photo ID to sign an affidavit declaring that they have an impediment to obtaining required identification. Republican lawmakers, who have denied they adopted voting laws in 2011 with discriminatory purpose, are now trying to make that flexibility permanent under legislation that Gov. Greg Abbott could sign later this year.Texas election officials, however, have acknowledged that hundreds of people were allowed to bypass the state’s toughest-in-the-nation voter ID law and improperly cast ballots in the November presidential election by signing a sworn statement instead of showing a photo ID. A recent Associated Press analysis of roughly 13,500 affidavits submitted in Texas’ largest counties found at least 500 instances in which voters were allowed to get around the law by signing an affidavit and never showing a photo ID — despite indicating that they possessed one.In February, President Donald Trump’s administration reversed the federal government’s position on the Texas voter ID law, announcing that it would no longer continue challenging the rules as the U.S. Justice Department did under President Barack Obama. Sharelast_img read more

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