How much a £1k investment in this FTSE 250 stock 10 years ago would be worth now!

first_img 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. Enter Your Email Address How much a £1k investment in this FTSE 250 stock 10 years ago would be worth now! 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” Letting go of losersThis share price volatility shows that some astute (and maybe lucky) investors could have made large gains, but for others, big losses would have been the outcome.It is often said that “time in the market is more important than timing the market” and I agree, but as this one has shown, holding for the long term does not always pay off. Keeping track of the businesses you invest in is also key. You want to be investing in well-run companies with management integrity and a clear plan to make money. No one wants to hold on to losers longer than necessary.Although Stagecoach’s financials may appear enticing on paper, its trailing P/E is closer to 42, diluting EPS to 3.8p. Other than the dividend yield, this makes it seem overvalued for what it offers. Dividend cover is only 0.5 so if push comes to shove, then a dividend cut could be on the cards.Its profit margin is 6.5% and the operating margin is 7.6%, neither of which are particularly high, and its debt ratio is very high at 85%.Troubling timesTwo months ago, Moody’s Investors Service downgraded Stagecoach shares to Baa3, from Baa2. This downgrade reflected various changes to the business profile, the reduction in the firm’d scale and concern surrounding a decline in UK travellers taking bus journeys.The bad news continued as its half-year revenues fell, reflecting the end of its involvement in UK franchised rail, and its chairman and co-founder Sir Brian Souter stepped down. It is also embroiled in an ongoing legal dispute with the Department for Transport after being disqualified from bidding on a rail contract.  On the bright side, it is bidding for a 12.5-year rail contract in Sweden and it has a positive outlook on the opportunity to encourage the public to travel by public transport as an environmentally-friendly alternative to cars.Taking all of the above into account, I think the Stagecoach share price is high. The business has shrunk, it is facing increased regulation to reduce emissions and further investment costs to upgrade buses to achieve this. Plus, the legal wrangle and unclear future direction make this one stock I would avoid.  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. Kirsteen has no position in any of the shares 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. Our 6 ‘Best Buys Now’ Shares See all posts by Kirsteen Mackay Kirsteen Mackay | Wednesday, 1st January, 2020 | More on: SGC Image source: Getty Images. Simply click below to discover how you can take advantage of this. Stagecoach Group (LSE:SGC) is a leading UK public transport company, operating in Scotland, England and Wales.Back in January 2010, its share price was £1.72 and today it is worth 8% less at £1.58. That means if you’d bought £1,000 worth of shares 10 years ago, today they would be worth around £918. That’s not the kind of return long-term shareholders are looking to obtain!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…So does it still appeal? Well, the FTSE 250 company is starting 2020 with a price-to-earnings ratio (P/E) of 8 and earnings per share (EPS) are 19p. Its shining star is its dividend yield at close to 5%. At first glance, these fundamentals look great, but do they hold up under closer scrutiny?Back in 2015, the Stagecoach share price peaked at a resounding £4.09. That was up 137% from its 2010 price, but in the four years since, it has steadily fallen. Throughout 2019 it had a volatile time but overall rose 19%.last_img read more

Rugby World – February 2012 edition contents

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS [imagebrowser id=22]New year, new Rugby World brings you everything you need to kick off your rugby year in style and added to that we are offering you a New Year bonus by knocking 50p off his issue, so it costs just £3.60!Inside we talk to some of the biggest names in the game as we head towards the 2012 RBS 6 Nations – Danny Care, Richie Gray, Jamie Heaslip and Matthew Rees are our cover stars. We also set out our plan for rugby in 2012, meet a rising star of the English game, from Gloucester, and kick off a new series called It Started Here with London Irish’s Paul Hodgson…and it that isn’t enough we shine the spotlight on seven great rugby charities. We hope you enjoy it!———————————————————————————————————————————————–The Front Row…30 minutes with Dan NortonNew year, new you! – Five fitness tips to kick start your new yearHotshots – Will Addison (Sale) and Rhodri Williams (Scarlets)Graham Rowntree – England’s forwards coach on his hopes for the new regimePaul Wallace – The former Ireland prop picks his 2013 Lions head coachLawrence Dallaglio’s charity cycle, from Greece to London with Freddie FlintoffSpotlights…Stuart Lancaster – England’s interim head coach is a relative unkown. Ian Stafford turns detective to find out all about himIan Evans – Playing for Wales is the ultimate reward after the Ospreys locks’s injury run. by Sarah MockfordConor Murray – The young Munsterman won’t be giving up the Ireland No9 jersey without a fight, says Katie FieldMax Evans – The Scotland wing tells katie Field why he’s desperate to turn narrow defeats into Calcutta Cup winsThe Centres…Danny Care – The scrum-half says winning is the only way to get England’s detractors off their backMatthew Rees – Wales’ former captain knows he’s got his work cut out if he’s to regain the No 2 jerseyJamie Heaslip – The No 8 is confident Ireland can achieve big things in 2012 – and isn’t afraid to say soRichie Gray – The giant lock on his move to Sale and his hopes for Scotland’s Six NationsTechnical Zone – Make your team’s No 8 a driving force at the back of the scrum with our expert tips Mini Rugby – A game to get your minis practising evasive running. Plus, master the loop moveFitness Zone – How rugby differs from NFL and a workout to maintain your upper-body strengthReview of 2011 – From splashing down to crashing out, we look back at last year’s highs and lowsObituaries – We pay tribute to some of the rugby world’s treasured family members who’ve passed awaEngland coach Stuart Barnes analyses the contenders and picks his back-room team for EnglandReplacing Shane – Shane Williams will never wear a Wales shirt again. So who will take his place?Photo Special – These pictures show rugby in some of the wettest, coldest and muddiest conditionsCharity work – Fancy doing your bit for charity this year? Here are some good ways to help out – rugby style!Wishes for 2012 – The laws, Test windows, sevens and attacking rugby all feature on Stephen Jones’s wish-listRising star – Meet wing Charlie Sharples – Gloucester’s potent try-scorer and an England hopefulIt started here – In the first of our new series, Paul Hodgson takes us back to his first club, Sutton & EpsomThe Backs…Club guide – All your grass-roots news, plus our Team of the Month and School Team of the MonthNaked Truth – Jersey juggernaut Matt Banahan’s rugby riseArmchair zone – The latest books and productsTour tale – Video analysis goes wrong on a Chippenham U16s tour———————————————————————————————————————————————–Click here to subscribe to Rugby WorldClick here to find out where to buy Rugby World Ireland’s Jamie Heaslip celebrates scoring a try during the 6 Nations International rugby union match between Scotland and Ireland at Murrayfield Stadium in Edinburgh, Scotland on February 27, 2011. AFP PHOTO/Paul Ellis (Photo credit should read PAUL ELLIS/AFP/Getty Images) Would you like to sign up to Rugby World’s excellent weekly email newsletter? Click here.Or perhaps you’d like a digital version of the magazine delivered direct to your PC, MAC or Ipad? If so click here.last_img read more

Amé 247 Building / Lavalle + Peniche Arquitectos

first_imgShareFacebookTwitterPinterestWhatsappMailOr Clipboard Architects: Lavalle + Peniche Arquitectos Area Area of this architecture project “COPY” Manufacturers: AutoDesk, Chaos Group, BTicino, Estevez, Helvex, Tecnolite, URREA Mexico CopyApartments•Mérida, Mexico “COPY” Photographs:  Manolo R Solís, LUIS PENICHE Manufacturers Brands with products used in this architecture project Amé 247 Building / Lavalle + Peniche ArquitectosSave this projectSaveAmé 247 Building / Lavalle + Peniche Arquitectos Save this picture!© Manolo R Solís+ 31Curated by Clara Ott Share Projects Year:  Design Team:Asis Silveira Tus, Jimena Canto Sobrino, Miguel Carrillo PérezGrupo Consur :EngineeringCity:MéridaCountry:MexicoMore SpecsLess SpecsSave this picture!© Manolo R SolísRecommended ProductsFiber Cements / CementsDuctal®Ductal® Cladding Panels (EU)WoodBruagBalcony BalustradesSkylightsFAKROWooden pivot roof windows FYP-V proSkyWoodBruagBalcony BalustradesText description provided by the architects. Currently, Mérida is positioned as one of the safest cities and with the highest quality of life in our country. This attracts a lot of people, who come to the city in need of work, leisure and housing.Save this picture!© LUIS PENICHESave this picture!Ground FloorSave this picture!© Manolo R SolísThe growth of the real estate market has generated some factors that undermine the promise of a better quality of life: a growing urban area, developments on the outskirts of the city with lack of connectivity and services, road congestion in certain areas, overexploitation of land, and in many cases, projects that are completely disconnected from the urban fabric.Save this picture!© Manolo R SolísAmé 247 is a multifamily housing project located in a residential area within the city, on a slightly irregular site. The commission consisted of dividing the lot in two and developing a heritage project on the corner for a private investor who wanted the best possible return on the property’s value.Save this picture!DiagramsSave this picture!South FacadeThe objective was to respond directly to the client’s request while adding two important factors to the project: the immediate context and the user. Therefore, we provide a building that is friendly to its neighbourhood. The built space moves a few meters back from the facade line and takes the scale of its context through perspective. This erases the limits between the public and the private, leaving a void between the sidewalk and the built-up space.Save this picture!© Manolo R SolísThe project is solved through a scheme grouped into four volumes that revolve around a central courtyard, in order to better respond to the irregularity of the terrain, while rescuing some existing trees and lighten the massiveness of the program.Save this picture!© Manolo R SolísThe central courtyard functions as the articulator of the entire program and vertically connects the entire building, always trying to foster spontaneous relationships and encounters between neighbours. The program houses three apartments by volume and a commercial space on the ground floor of the corner volume, giving a total of 11 apartments, made up of two and three bedrooms respectively, coexisting with the commercial space that gives the complex vitality and movement.Save this picture!© Manolo R SolísThe result is a sober building with geometric purity, resolved with a predominant material that does not intend to compete with the cacophony of the real estate projects that focus on disruption or the spectacle.Save this picture!© Manolo R SolísThe true value of the project resides in its interaction with its context, in the relationships that the users develop in the open space, in the vitality generated by the public space and the diversity that is found in the mixture of uses and the architectural program. The building bets on the city, on the permeability, and the security that can only be created through the social integration of the residents and their sense of belonging.Save this picture!© Manolo R SolísProject gallerySee allShow lessHouse Inside a Ruin / ORASelected ProjectsHudson River House / Resolution: 4 ArchitectureSelected ProjectsProject locationAddress:Mérida, Yuc., MexicoLocation to be used only as a reference. It could indicate city/country but not exact address. Share ArchDaily Photographs Lead Architect: Apartments Amé 247 Building / Lavalle + Peniche Arquitectos Area:  1250000 m² Year Completion year of this architecture project 2020 ShareFacebookTwitterPinterestWhatsappMailOr Clipboard José Carlos Lavalle Alonzo, Luis Alejando Peniche Arroyo CopyAbout this officeLavalle + Peniche ArquitectosOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsMeridaOn FacebookMexicoPublished on July 31, 2020Cite: “Amé 247 Building / Lavalle + Peniche Arquitectos” [Edificio Amé 247 / Lavalle + Peniche Arquitectos] 31 Jul 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesGlassMitrexSolar GreenhouseMetal PanelsAurubisOxidized Copper: Nordic BrownDoorsEGGERWood Laminate Doors in Molecular Plant Science InstituteStonesCosentinoSurfaces – Silestone® Nebula SeriesWall / Ceiling LightsLouis PoulsenLamp – LP RiplsWood Boards / HPL PanelsBruagRoom Dividers – Partition Wall MDFStonesNeolithSintered Stone – Mar del PlataWindowspanoramah!®ah! SecurityPanels / Prefabricated AssembliesULMA Architectural SolutionsMIS Facade PanelCarpetsFabromont AGTextile Floor Covering – Orbital® 07 COLORpunkt®LightsNorka lightingLuminaire – BelfastMore products »Save想阅读文章的中文版本吗?AMÉ 247住宅 / Lavalle + Peniche Arquitectos是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

How Wide the Divide

first_img Our society is becoming more and more polarized, not only politically, economically, and socially, but culturally as well. People are moving to extreme positions at either end of the political spectrum; economically the middle class is being divided into the upper and lower class; socially we associate with those who share our opinions, beliefs, or lifestyles; and, culturally, we have no idea how the other half lives and tend to be very intolerant of those outside of our culture. This latter point struck me with great poignancy as I traveled recently through several rural Indiana communities. How Wide the Divide The culture of these two communities is also quite different. The county fair is a summer tradition in most of rural America; and, even for those not involved in agriculture,  it represents a time when the community comes together.  Farm animals, fair food, and midway rides are part of this celebration. For the urban dweller, community gatherings often center around a sporting event like an NFL, NBA, MLB, or NCAA team. These often involve tailgating, team fan events, and even dressing up in team colors. Other urban celebrations may involve large crowds gathering for fireworks over the July 4th holiday or the lighting of a Christmas tree. On the off chance folks from the city drive through a small town, they may see boarded up stores and empty streets and may draw the conclusion that rural communities are social and economic backwaters. Unfortunately, in some towns this is true, but many have thriving local commerce and an active community. Likewise, when rural residents visit the Indiana State Fair, they drive through some very economically depressed and racially segregated areas and draw the conclusion that the rest of the city is like this. The media coverage of crime in urban areas reinforces this impression.  When, in reality, many parts of the city are green, growing, and prosperous. I have the unique perspective of living in two different worlds. I live and work both in an urban community and in a rural community. I have friends, business associates, and family members in both communities, even worship in these vastly different worlds. Thus, I can appreciate both the benefits and challenges of both and am a keen observer of their differences. While I have my personal preferences, what has always struck me is how little each of these communities knows about the other and how little each cares about the other, even though both are interdependent for their survival.Most city folks do not see any connection between their daily lives and livelihoods and rural communities. They have the concept that food comes from farms, but really do not understand how the agricultural economy is tied into the economy of the small towns just outside the city limits. In addition, most urban consumers would be surprised to know that many of the manufactured products they use every day are produced in plants in small towns and rural areas of their own state.  During my four county swing, I passed several manufacturing plants located on the edge of small towns that produce some of the biggest name brand products that fill the store shelves in large urban box stores. Home Commentary How Wide the Divide Urban and rural communities have just as many similarities as differences.  Drug abuse is a serious problem in both urban and rural areas. Racial segregation and discrimination occurs in communities large and small. Lack of educational and occupational opportunities is an issue for both rural and urban areas.  There are, however, problems unique to each community. For example, high speed broadband is an issue for rural areas and not so much for big cities. While crime occurs in both large and small communities, big cities have a significantly larger and more violent crime and gang problem than most rural areas. SHARE Each time a rural resident turn on a light switch, they give little thought to where that electric power comes from or where it is produced. While rural electric coops manage local utilities, the power is actually generated in large power plants located in large cities miles away or perhaps even in another state.  This is just one way in which rural and urban communities are connected By Gary Truitt – Jul 20, 2014 Previous articleGrowers Reporting Increased Yields, Revenues with Stover HarvestNext articleNew Master Farmers Passionate about Conservation Gary Truitt Facebook Twitter Facebook Twitter SHARE There is very little communication between these two worlds, and that is unfortunate because each could benefit from learning a thing or two about the other.  This would benefit rural areas more since cities have greater political power owing to their larger population. Urban areas feel this larger population makes them more important when, in reality, both communities are vital to the economy and social fabric of our country. Perhaps we need an exchange program where rural folks would go and live in the city for a while and city folks would spend time in the country.  While both communities need to maintain their unique characteristics, our cities could use a little more rural and our small towns could do with a little more city.By Gary Truittlast_img read more

Growers Look Ahead to 2019; Corn and Soybean Price Outlook

first_img Previous articleLittle Room for Farm Bill in Lame DuckNext articleCommodity Classic a Farmer Event Worth Attending Eric Pfeiffer Facebook Twitter SHARE Facebook Twitter Growers Look Ahead to 2019; Corn and Soybean Price Outlook Growers Look Ahead to 2019; Corn and Soybean Price OutlookAs growers wrap up the 2018 harvest, many are already looking forward to the 2019 growing season. Unfortunately, there are still a lot of unanswered questions about next year. Will there be a farm bill? Will we be able to come to an agreement with China and end the trade war? Jackson Takach, Director of Economic Research and Business Innovation at Farmer Mac, doesn’t have the answer to those questions, but he gave his best guess for an outlook of soybean prices for 2019.“If we can open up trade with China, I see a lot of room for soybean prices to run up; 20% or maybe even as high as 25% increase in soybean prices. Absent a deal with China, I think they’re going to hover right around the $7-$8 range.”He adds that without the China deal more growers will opt for more corn and wheat acres. His outlook for corn in 2019 is in the $3 average range.“We’re at $3.25 to $3.50 now for the national average, take a quarter out of that. For wheat prices, certainly in the $4-$5 range. It’s definitely a possibility if more people switch back into wheat, especially the upper plains, so North Dakota and South Dakota. I’ve heard people say, ‘I’m never going soybeans again because they’ve been so traumatized by the pull out of all this trade action in soybeans.’ So, those people go back into wheat, you could see that pressure come back into the wheat market down to $4.”Takach said one thing you can count on for 2019 is higher operating loan costs.“For every quarter point that the fed raises, the farmer is going to feel that in their operating line. Probably not so much in their land loan as those tend to be fixed for longer periods of time, but the operating loans are going to be up for renewal every year and that interest rate is going to go up with the announcement of the fed. So, if the fed raises, farmers are going to pay more. It’s going to be passed through almost 100 percent to the farmer.Takach spoke with reporters at the 2018 Ag Bankers Association National Conference in Omaha. SHARE By Eric Pfeiffer – Nov 13, 2018 Home Indiana Agriculture News Growers Look Ahead to 2019; Corn and Soybean Price Outlooklast_img read more

Judges keep editor in detention

first_img BurundiAfrica September 6, 2010 – Updated on January 20, 2016 Judges keep editor in detention June 5, 2020 Find out more Help by sharing this information Reports Burundian appeal court upholds prison sentences for four journalists News News RSF_en Organisation BurundiAfrica center_img Reporters Without Borders is disappointed that a Bujumbura court decided today to maintain Jean-Claude Kavumbagu, the editor of the online newspaper Net Press, in pre-trial detention. The judges have not yet set any date for the next hearing in his case.——————————————————————————————–02.09.2010 – Judges urged to release editor awaiting trial on treason chargeReporters Without Borders calls for the immediate release of Jean Claude Kavumbagu, the editor of the online newspaper Net Press, who appeared in court yesterday for a hearing on the legality of his detention since 17 July on a charge of treason. The court said it would issue its ruling tomorrow.“We urge the judges to reach an equitable decision,” Reporters Without Borders said. “Kavumbagu has been unjustly held for the past six weeks pending trial on a treason charge that is baseless. Pre-trial detention is supposed to be an exception. He should not be in detention when his trial starts”. Kavumbagu was arrested on 17 July because of article about the possibility of Burundi being the target for a terrorist attack. He could be sentenced to life imprisonment if convicted on the charge of treason. More information.——————————————————————————————–21.07.2010 – Online newspaper editor arrested on treason chargeReporters Without Borders is concerned about Jean-Claude Kavumbagu, the editor of the online newspaper Net Press. Arrested while on his way to work on 17 July, he is being held on a charge of treason because of a 12 July article about the possibility of Burundi being the next target for a terrorist attack by the Somali Islamist group Al-Shabaab. Link to the article .“We condemn Kavumbagu’s latest arrest, which reflects the way the authorities have always hounded this well-known government critic,” Reporters Without Borders said. “This is the fifth time he has been arrested in 14 years of working as a journalist. There is absolutely no justification for the charge in the offending article, which just raises what could be a real problem for Burundi.” Kavumbagu was arrested by western Burundi’s police chief, Col. David Nikiza, who showed him two arrest warrants signed by Bujumbura deputy prosecutor Rénovat Tabu. After being questioned for two hours in Tabu’s office, he was placed in detention in Bujumbura’s Mpimba prison on a charge of treason.He was questioned by Tabu again yesterday but no date has so far been set for his trial.Kavumbagu’s lawyer, Gabriel Sinarinzi, told Reporters Without Borders: “What he is alleged to have done does not constitute an act of treason. According to article 570 of the criminal code, an act of treason can only be committed in war time and Burundi is not at war.”Sinarinzi added: “Our client’s arrest and placement in provisional detention are arbitrary and illegal measures that violate the rules of criminal procedure. Provisional detention is meant to be used above all to prevent any disturbance of public order. But there have been no security incidents since the article’s publication that could justify such a summary arrest.”Kavumbagu never received any summons to report to the deputy prosecutor’s office for the purposes of an investigation and he was not given any opportunity to be accompanied by a lawyer during the first interrogation. “We call for his release and the withdrawal of the charges against him,” Reporters Without Borders added.The last time Kavumbagu was jailed was in September 2008, when he was arrested on a charge of defaming the president and spent six months in prison before being acquitted in March 2009. Receive email alerts October 21, 2020 Find out more News Four Burundian journalists complete 12 months in arbitrary detention to go further The 2020 pandemic has challenged press freedom in Africa Follow the news on Burundi November 27, 2020 Find out morelast_img read more

Media coverage of corruption case censored for fear of criticism

first_imgNews News JordanMiddle East – North Africa News Two Jordanian TV journalists arrested after broadcasting criticism of lockdown Help by sharing this information August 12, 2020 Find out more Organisation Follow the news on Jordan JordanMiddle East – North Africa March 15, 2010 – Updated on January 20, 2016 Media coverage of corruption case censored for fear of criticism Receive email alerts June 15, 2020 Find out morecenter_img “This ban shows a lack of political will on the part of the Jordanian government to combat corruption within the government and state-owned companies,” Reporters Without Borders said. “It was the press that pushed the authorities to act in the first place and now it is clear they fear more revelations in the newspapers. This is unworthy of a country that claims to be democratic. The press must be free to cover all subjects.” The former finance minister and three other people were arrested on 4 March for allegedly taking bribes and failing in their duties in connection with the refinery’s expansion and are now facing up to three years in prison. Their release on bail was rescinded by the military court. Press reports last year exposing alleged kickbacks in the refinery expansion project pushed the government into taking action and opening an investigation. Jordan bans coverage of teachers’ protests Reporters Without Borders condemns the order issued by an Amman military court on 10 March banning the media from covering a case of alleged corruption involving several leading Jordanian figures including a former finance minister. The case was exposed in the press several months ago. to go further Coronavirus “information heroes” – journalism that saves lives RSF_en State security court attorney general Yousef Faouri issued an order on 10 March banning the press from “reporting or commenting” on the Jordan Petroleum Refinery Company expansion project case “without his personal approval,” a government press release said. The reason given was the need to allow the judicial authorities to work calmly on the case. News April 14, 2020 Find out morelast_img read more

SC Dismisses Challenge Against Delhi HC Decision Holding That Widow’s Right To Compensation For Husband’s Death Will Not Abate After Re-Marriage

first_imgTop StoriesSC Dismisses Challenge Against Delhi HC Decision Holding That Widow’s Right To Compensation For Husband’s Death Will Not Abate After Re-Marriage Mehal Jain9 April 2021 10:40 PMShare This – xThe SC dismissed the SLP ‘in peculiar circumstances of the case’The Supreme Court has affirmed a Delhi High Court decision that a widow’s right to claim compensation under the Motor Vehicles Act for the death of her husband in a motor vehicle accident will not abate on her re-marriage.By dismissing the SLP against the Delhi High Court decision, the Supreme Court has affirmed that the right of a widow to claim compensation on account of death of her…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 has affirmed a Delhi High Court decision that a widow’s right to claim compensation under the Motor Vehicles Act for the death of her husband in a motor vehicle accident will not abate on her re-marriage.By dismissing the SLP against the Delhi High Court decision, the Supreme Court has affirmed that the right of a widow to claim compensation on account of death of her husband due to motor vehicle accident will not abate on remarriage and that she was entitled to equal share as the parents of the deceased for ‘loss of dependency’. The bench of Justices L. Nageswara Rao and Vineet Saran was hearing an SLP, at the instance of the widow’s in-laws, challenging the December 2019 judgment of the Delhi High Court in which it was held that re-marriage of a widow has nothing to do with her right and claim for compensation, for the loss which accrued to her on account of the unnatural demise of her husband.Senior Counsel Siddharth Dave, for the petitioners/in-laws, argued that the High Court order is bad in law and needs to be set aside on the grounds that a widow is not entitled for compensation after remarriage.He submitted that in accordance with the judgment of the top court titled “Anju Mukhi & Anr. vs. Satish K. Bhatia & Ors. [2010 (15) SCC 630], the respondent/widow cannot be treated as a dependent of the deceased after re-marriage. In the said case, it was observed that the main purpose of the Motor Vehicles Act is to award compensation for loss of income on the death of a person. “On remarriage there is no longer a loss of income. Now the dependency has shifted on to the new husband. Therefore, we are in agreement with the High Court that after remarriage a widow would not be entitled to any compensation”, it was ruled in that case.For the respondent/widow, Senior Advocate Gopal Sankarnarayan, briefed by Advocate Siddhant Sharma, advanced that a second marriage does not abate a widow’s claim to compensation for the ‘loss of dependency’. It was also argued that the views taken by various High Courts in similar matters ought to be given due weight while deciding the issue. Reliance was placed on a 2020 judgment of the Kerala High Court holding that while computing compensation for dependency of a widow, upon the death of her husband, under Section 166 of the Motor Vehicles Act, her remarriage shall not be a decisive factor; that the loss of dependency consequent to the death of the husband does not cease merely because she has remarried or become self-reliant. Mr. Sankaranarayanan pointed out that before the High Court, the Petitioners had indicated their no-objection to the widow being given an equal share, and that the present SLP was a belated and a motivated one.Finally, the Apex Court dismissed the SLP, observing, “In the peculiar facts and circumstances of this case, we are not inclined to interfere in this matter”In the instant case, the MACT had awarded Rs. 1,68,39,642/- along with interest in favour of the deceased’s claimants, i.e., his widow and his parents. However, the widow had been apportioned only Rs. 3,91,054.47/-. The Delhi High Court noted that the Tribunal had not compensated the wife for “loss of love and affection” and “loss of consortium”. “There is no persuasive reason stated in the impugned order for the starkly disproportionate apportionment against the widow,” Justice Najmi Waziri had remarked.The High Court had directed that the widow was entitled to equal, i.e., 1/3rd share of the awarded amount of Rs. 1,68,39,642/-. Thus, she was granted Rs. 56,13,214/- compensation, on the following reasoning, “The calculation of loss of dependency was on the basis of her dependency on her deceased husband; her loss is equal to the loss of dependency suffered by her parents-in-law. Her decision to re-marry was entirely her personal choice, over which nobody can have any say. Her right to claim compensation crystallized upon her husband’s life being tragically snatched away in the motor accident. Therefore, simply because she has now re-married, her claim does not abate or lessen. Who can judge whether the second marriage was not a compromise because of her personal circumstances and whether it would have the same value emotionally and psychologically as the first marriage. Her entitlement fructified when the dependency was calculated. Therefore as an aggrieved widow, she would be entitled to a share of compensation apropos ‘loss of dependency’ of equal amount to her parents-in-law, who had lost their son”The Petition has been filed b y AOR Sayid Marzook Bafaki. Senior Advocate Sidharth Dave is assisted by Advocate Mushtaq SalimClick here to download the OrderSubscribe 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

St Eunan’s College extension plan goes to detailed design

first_imgA long awaited extension at St Eunan’s College Letterkenny is a step closer after the Department of Education cleared the school to progress to Stage 2b – Detailed design.This includes applications for all statutory consents, including Planning Permission, Disability Access Certificate and Fire Safety Certificate and also the preparation of tender documentation.Agriculture Minister Charlie McConalogue says this is good news for Letterkenny, and is a testament to the hard work of the school staff, committee, parents and students.He added the upgraded works will have a huge impact on the school and its offerings and is an important project for Letterkenny and its hinterland.Former Education Minister Joe McHugh is also welcoming the announcement, saying a lot of work has been done in recent years to get the project to this stage. WhatsApp St Eunan’s College extension plan goes to detailed design Previous articleFinal cabinet meeting to discuss significant easing of restrictionsNext articleIf we’re not right it could be a long night – Ollie Horgan News Highland DL Debate – 24/05/21 Journey home will be easier – Paul Hegarty RELATED ARTICLESMORE FROM AUTHOR Facebook Homepage BannerNews Twitter Twitter Harps come back to win in Waterford center_img Pinterest WhatsApp By News Highland – April 29, 2021 Facebook Google+ Important message for people attending LUH’s INR clinic Google+ News, Sport and Obituaries on Monday May 24th Pinterest Arranmore progress and potential flagged as population growslast_img read more

Web sites fail to attract secretaries

first_img Comments are closed. Company web sites are failing to generate applications for secretarial vacancies at City firms, a survey found.The research by recruitment consultants Joslin Rowe showed about 15 per cent of employers see staff referrals and internal applications as valuable means of attracting new recruits. But none of the 376 companies surveyed regard their own web site as an effective recruitment tool.Eleven per cent of the 385 secretaries also questioned as part of the research said they had visited company web sites when looking for a job. Only 4 per cent said this resulted in a job.Employers said they relied on recruitment consultants, which 95 per cent described as the most reliable source of staff.The survey also found 60 per cent of secretaries feel undervalued some or all of the time. A similar proportion (68 per cent) regard their remuneration package as average or below average. And although 98.5 per cent of employers said they had a formal appraisal system in place, a fifth of secretaries said they had never had an appraisal or an opportunity to discuss their concerns.Thirty-five per cent said they left their last job because of a lack of prospects, while 27 per cent moved for a better salary. Related posts:No related photos. Web sites fail to attract secretariesOn 26 Sep 2000 in Personnel Today Previous Article Next Articlelast_img read more