Is the Greggs share price cheap enough to buy?

first_img Enter Your Email Address Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! Lockdown has been hitting Greggs (LSE: GRG) hard. Forced to close 2,000 of its stores, it reported first-half losses of £62.5m. Its share price is almost half of its January peak, and though this may seem cheap, I think there are signs it has further to go.Second waveThe main problem I can foresee for Greggs is a potential second wave of Covid-19 in the UK. Though it is far from certain we will see such an event on a national scale, any new lockdown would be a body blow to the company.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…Just this week Greggs said it was asking its banks for additional finance to help its liquidity, and specifically cited the potential for a second outbreak. We are already seeing regional lockdowns. Just today, Boris Johnson has had to pull back some of the previously planned relaxation of social distancing rules.While these regional lockdowns are not as yet, shutting down shops specifically, wariness in those areas is not likely to have customers rushing to stores. During the recent lockdown in Leicester, for example, Greggs only kept three of its ten stores open, and reported far less trading than normal.Greater Manchester has similarly just been locked down. This is another key location for Greggs. It seems even without a national lockdown, the company will has more suffering to come.Upsides for Greggs?All this said, there are some positive things to note for Greggs. It is currently suffering less than rivals, such as Pret A Manger, due to its store locations. While companies such as Pret have focused locations near major office hubs, Greggs has far more locations on high streets. While everyone is working from home, this is a key advantage.Greggs also has a strong brand and customer loyalty to fall back on. Its finances have always been strong. Before the pandemic, for example, Greggs increased its profit expectations five times in rapid succession. If it can weather this Covid-19 storm it seems likely it will make a full recovery.It has also been trialling concessions in Asda supermarkets. Greggs has said it plans to increase this effort, which again should offer it somewhat of a safety net for its bottom line. The company is also looking into various delivery options, which could also help profits during a potential second wave.Time to buy?Personally, I do think Greggs is a good long-term investment, but I think there is more room in the share price to go lower just yet. Even without a full scale Covid-19 resurgence, it now seems almost certain the UK will not be getting back to normal this year.Greggs will see its finances hurt further if this is the case. I would expect its share price to follow suit. When it does, however, I will be ready and waiting to snap up the bargain. 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. The high-calibre small-cap stock flying under the City’s radar Karl 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. 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. Simply click below to discover how you can take advantage of this.center_img Image source: Getty Images. Our 6 ‘Best Buys Now’ Shares See all posts by Karl Loomes Karl Loomes | Friday, 31st July, 2020 | More on: GRG Is the Greggs share price cheap enough to buy? Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before!last_img read more

Indiana Dairy Producers Taking Bus Tour to World Dairy Expo

first_imgHome Indiana Agriculture News Indiana Dairy Producers Taking Bus Tour to World Dairy Expo By Eric Pfeiffer – Sep 4, 2019 Facebook Twitter Facebook Twitter The Indiana Dairy Producers have organized a bus tour that will begin with pickups in Lafayette and in Fair Oaks and make its way to the World Dairy Expo in Madison, WI. The first stop on the tour, beginning October 1, will be at Fair Oaks to tour the Herrema Dairy Robot Barn, featuring the latest in positive pressure cooling and freestall mattress technology. The tour then proceeds to Wisconsin for additional tours before attending the World Dairy Expo on October 2.Costs and event details are below. You can register for the bus tour here.IDP Regular Producer Members $150 TOTAL for 1 or 2 person occupancy includes room/transportation/Expo admission.Non Bus Riders $25/adult, includes all of day one activities for those driving on your own to spend extra time at the Expo. Call if questions. If you have room you can add the kids for freeIDP Sponsors $250 – includes room/transportation/Expo admission.Participants Cost food/incidentals at Expo and fast food stop on way home.Included Room/Transportation/expo admission/lunch and dinner on day 1/Breakfast on day 2 SHARE Previous articleTrump Says Tariff Income to Help Hurricane-Damaged FarmsNext articleAFBF: Why NASS and FSA Planted Acreage Differs Eric Pfeiffer SHARE Indiana Dairy Producers Taking Bus Tour to World Dairy Expolast_img read more

Censorship and arrests as Ayatollah Montazeri is buried

first_img to go further News News Reporters Without Borders is saddened by the news that Ayatollah Hossein Ali Montazeri died yesterday aged 87 in the religious city of Qom, 60 km south of Tehran. As tens of thousands of people defied a government ban on demonstrations in homage to this leading pro-reform figure, the authorities have been censoring national and international media. Receive email alerts The Ministry of Islamic Culture and Guidance yesterday issued a directive banning newspaper editors from publishing articles about Montazeri. Ministry officials went to the headquarters of newspapers yesterday evening to verify compliance. The official Fars News agency reported today that the pro-reform newspaper Andisheh-ye No (New Thought) has been closed by the Commission for Press Authorisation and Surveillance. “We offer our sincerest condolences to Ayatollah Montazeri’s family and to the Iranian people,” Reporters Without Borders said. “This man defied the regime in order to defend the truth. While close to the government in 1989, he revealed the massacre of political prisoners. Expelled from the circles of power, he continued to support the oppressed. His home was for years a refuge for the families of political prisoners, including imprisoned journalists.” Montazeri’s death leaves a void in the pro-democracy movement and in the fight for free expression in Iran. Iran: Press freedom violations recounted in real time January 2020 His website has been blocked for years in Iran and Mojtaba Lotfi, one of the site’s editors, was sentenced in November 2008 to four years in prison followed by five years of banishment on charges of anti-government propaganda and disseminating Ayatollah Montazeri’s views. Call for Iranian New Year pardons for Iran’s 21 imprisoned journalists RSF_en The press freedom organisation added: “While Iran mourns, the authorities are again censoring the media, including the print media, the BBC and the Internet.” Organisation Iranian journalists working for the BBC have been constantly harassed ever since the British broadcaster launched its Persian language TV station. The harassment was stepped up after the disputed 12 June presidential election and those who have not been arrested have fled the country. March 18, 2021 Find out more A BBC television programme about Montazeri was jammed yesterday shortly after it began being broadcast. It included an exclusive interview he gave to the BBC shortly before his death. It was the first time in more than 20 years that he had appeared in a TV interview. The jamming affected all the programmes carried by the Hotbird 6 satellite. It was nonetheless widely broadcast and accessible on the BBC Persian website. center_img December 21, 2009 – Updated on January 20, 2016 Censorship and arrests as Ayatollah Montazeri is buried Follow the news on Iran News Ayatollah Montazeri was one of the theoreticians of the Islamic revolution and one of the drafters if the Islamic Republic’s constitution before being sidelined in March 1989 following his revelations about the executions of large numbers of political prisoners on Ayatollah Khomeiny’s orders. After Hengameh Shahidi’s pardon, RSF asks Supreme Leader to free all imprisoned journalists News June 9, 2021 Find out more As with all recent events likely to prompt opposition demonstrations, the authorities also took draconian measures to control the flow of information via new-generation media. Immediately after the announcement of Montazeri’s death, Internet connections slowed right down in many cities while telephone communication was disrupted, especially in Najafābād (Montazeri’s birthplace) and Isfahan. Journalists were arrested during demonstrations in homage to Montazeri. Tens of thousands of demonstrators gathered on the streets of Qom yesterday to pay a final tribute of Montazeri, chanting: “We are there, we are the reason for the rebellion,” “Death to the Taliban whether in Tehran or in Kabul” and “Death to oppressors, both the Shah and the current leaders.” IranMiddle East – North Africa Help by sharing this information Watch the videos: Fearing his influence and the views he expressed so forcefully, the authorities placed him under house arrest in Qom for 14 years, until 2003. His close supporters and aides were threatened and arrested on several occasions. February 25, 2021 Find out more IranMiddle East – North Africa last_img read more

Court orders online journalist’s release from psychiatric hospital

first_img BelarusEurope – Central Asia News June 2, 2021 Find out more News News RSF at the Belarusian border: “The terrorist is the one who jails journalists and intimidates the public” Reporters Without Borders voiced relief today at a decision by a court in Rybinsk (400 km north of Moscow) to release journalist Andrei Novikov. The court ruled at the end of a hearing this morning that there are no grounds for continuing to keep him in the psychiatric hospital where he has been held against his will since 14 February.“Novikov has been the victim of practices contrary to the rule of law,” Reporters Without Borders said. “It seems that Russia’s special services and psychiatrists are still empowered to take charge of anyone whose words or actions stray from the Kremlin line. The use of punitive confinement is very dissuasive for all those who might be tempted to express their disagreement with the authorities.”An online reporter for Chechenpress, the news agency of the Chechen government in exile, he was arrested on 5 December 2006 and charged with “publicly inciting constitutional change by means of force” (article 280 of the criminal code), which carries a maximum sentence of three years in prison. The charge was based on two email messages he sent to local newspapers.Reporters Without Borders has been told that two doctors who were able to examine Novikov before he was admitted to the psychiatric hospital in February found nothing psychologically wrong with him. However, a psychiatric commission that examined him in January claimed that he displayed “antisocial behaviour” and “maladaptation.” His father said a special commission that met on 14 November concluded that there were no grounds for keeping him in the hospital. This decision needed to be confirmed by a courtBorn in Rybinsk in 1966, Novikov worked for many Russian news media during the 1990s including Literatournaya Gazeta, Izvestia and Droujba Narodov. He participated in the pro-democracy movement during the final years of the Soviet era and helped to produce samizdat (underground newspapers). Of late he has been a full-time reporter for Chechenpress, the online news agency of the unrecognised Chechen Republic of Ichkeria (the government in exile).According to the polling institute FOM, 24 per cent of Russians have access to the Internet, which in recent years has become a space for free expression. A tendency for blogs and websites to be more politicised was particularly noticeable in the runup to the 2 December legislative elections.Novikov was interviewed in a documentary by Manon Loizeau entitled “Travel diary in memory of Anna” that was broadcast by the French TV station France 2 on 22 November. Follow the news on Belarus Help by sharing this information Reporters Without Borders voiced relief today at a decision by a court in Rybinsk (400 km north of Moscow) to release journalist Andrei Novikov. The court ruled at the end of a hearing this morning that there are no grounds for continuing to keep him in the psychiatric hospital where he has been held against his will since 14 February. RSF_en to go further May 27, 2021 Find out more BelarusEurope – Central Asia December 18, 2007 – Updated on January 20, 2016 Court orders online journalist’s release from psychiatric hospital News “We welcome opening of criminal investigation in Lithuania in response to our complaint against Lukashenko” RSF says Receive email alerts Russian media boss drops the pretence and defends Belarus crackdown May 28, 2021 Find out more Organisation last_img read more

Pasadena Congresswoman Judy Chu Meets with Former U.S. Secretary of State Hillary Clinton

first_img Top of the News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Yesterday, Pasadena-area Congresswoman Judy Chu along with members of the Congressional Asian Pacific American Caucus (CAPAC) Executive Board met with former U.S. Secretary of State Hillary Clinton during a policy meeting on Capitol Hill.The meeting covered Asian American and Pacific Islander (AAPI) community priorities, including comprehensive immigration reform, access to higher education, racial profiling, and promoting greater diversity in the federal workforce. CAPAC Chairwoman Congresswoman Judy Chu (CA-27) released the following statement:“I am so glad that we had the opportunity to hold a policy meeting with former U.S. Secretary of State Hillary Clinton to discuss a number of pressing policy priorities of importance to CAPAC and the broader Asian American and Pacific Islander community. As the fastest growing racial population in the country, as well as the largest wave of new immigrants to the United States, AAPIs have become an increasingly important demographic to engage with. Today’s meeting with Secretary Clinton was a positive first step in that direction, and we look forward to continuing to dialogue with Secretary Clinton on these issues moving forward.”The Congressional Asian Pacific American Caucus (CAPAC) is comprised of Members of Congress of Asian and Pacific Islander descent and Members who have a strong dedication to promoting the well-being of the Asian American and Pacific Islander (AAPI) community. Currently chaired by Congresswoman Judy Chu, CAPAC has been addressing the needs of the AAPI community in all areas of American life since it was founded in 1994. Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Subscribe Name (required)  Mail (required) (not be published)  Website  Your email address will not be published. Required fields are marked * Business News Government Pasadena Congresswoman Judy Chu Meets with Former U.S. Secretary of State Hillary Clinton Published on Wednesday, July 15, 2015 | 11:36 am HerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyWho Was The Hollywood ‘It Girl’ The Year You Were Born?HerbeautyHerbeautyHerbeautyWhat’s Your Zodiac Flower Sign?HerbeautyHerbeautyHerbeautyDo You Feel Like Hollywood Celebrities All Look A Bit Similar?HerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeautyThis Trend Looks Kind Of Cool!HerbeautyHerbeautycenter_img Community News 2 recommended0 commentsShareShareTweetSharePin it First Heatwave Expected Next Week More Cool Stuff Make a comment Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Judge: All LA Skid Row Homeless Must Be Offered Housing By October

first_img Make a comment Fed up by what he considers government inaction, bureaucratic paralysis and a lack of accountability, a federal judge today suddenly ordered the city and county of Los Angeles to offer housing to the entire homeless population of downtown’s Skid Row by October.U.S. District Judge David O. Carter set a timetable by which single women and unaccompanied children must be offered placement within three months, families must be given shelter within four months, and every indigent person on Skid Row would be given the opportunity to come off the streets by Oct. 18.Mayor Eric Garcetti called the timetable “unprecedented” in terms of speed.“I want to read (the order) and understand how (the judge) would envision that happening, where the rooms, the real estate etc. (are),” Garcetti said. “I’ve had great conversations with the judge. Obviously that would be an unprecedented pace, not just for Los Angeles but for any place I’ve ever seen for homelessness in America. And I want to be as bold and as ambitious as him, but like I said, I think many of us feel it’s not just about getting people into shelter, it’s getting people into homes.”The groundbreaking 110-page order comes in response to a request for immediate court intervention submitted last week by the plaintiffs in a year-old federal lawsuit seeking to compel the city and county to quickly and effectively deal with the homelessness crisis.Skid Row is a spread-out 50-block area of downtown streets containing one of the largest populations of indigent people in the nation.Skip Miller, outside counsel for the county, said Carter’s order “goes well beyond what the plaintiffs have asked for.” He added that the county was evaluating its options, including the possibility of an appeal to the U.S. 9th Circuit Court of Appeals.The judge wrote that the city and county of Los Angeles “created a legacy of entrenched structural racism,” leaving Black people — and especially Black women — “effectively abandoned on the streets. Such governmental inertia has affected not only Black Angelenos, not only homeless Angelenos, but all Angelenos — of every race, gender identity, and social class.”The judge said that virtually “every citizen of Los Angeles has borne the impacts of the city and county’s continued failure to meaningfully confront the crisis of homelessness. The time has come to redress these wrongs and finish another measure of our nation’s unfinished work.”Quoting Heidi Marston, director of the L.A. Homeless Services Authority, the judge wrote that “homelessness is a byproduct of racism.”In colorful language that takes in the Civil War and the Bruce’s Beach case of forced displacement of Blacks in Manhattan Beach, Carter traced the start of the crisis downtown to the 1920s, when the city created the Municipal Service Bureau for Homeless Men in Skid Row to assist men by connecting them with philanthropic organizations that provided food and lodging.However, “aid from such organizations was distributed selectively along racial lines,” the judge found, adding that Los Angeles’ highway infrastructure was “built as and remains a driver of racial inequality” by helping to displace and segregate non-white communities.Near Skid Row now “are thriving neighborhoods — namely the Arts District and Little Tokyo District. As these districts edge closer to the boundaries of containment, police presence within Skid Row grows stronger,” the judge wrote.Carter’s housing order rejects city and county arguments that federal court intervention would improperly usurp the role of local government and upend longstanding programs already dealing with the crisis.The motion was filed by the L.A. Alliance for Human Rights, a coalition of downtown business owners and residents that originally brought the lawsuit in March 2020. City and county attorneys strongly objected, arguing in court papers that the L.A. Alliance’s “extraordinary” attempt to invoke the power of the court is “overbroad and unmanageable,” lacks legal standing and would “improperly usurp the role of local government and its elected officials.”Elizabeth Mitchell, an attorney for L.A. Alliance, said the organization is “thrilled” with Carter’s order, which “takes the first step toward actually solving the homelessness crisis in Los Angeles.”She said that city and county leaders have repeatedly called for a FEMA-like response — and “the judge is holding them to their word.”“He’s also demanded accountability in the billions of dollars that are supposed to be used to house the unhoused — who actually aren’t being housed at all,” she said. “The judge has recognized the fact of which nearly every citizen in Los Angeles is already acutely aware: that the status quo isn’t working and cannot be allowed to continue. This order gives us hope that the solutions will finally start outpacing the problems.”In his order, Carter blasted Garcetti, who recently promised to spend nearly $1 billion on initiatives for addressing homelessness and other issues including sidewalk vending and arts activities. Instead, the judge ordered that the $1 billion “will be placed in escrow forthwith, with funding streams accounted for and reported to the court within seven days.”Carter wrote that despite the power to declare the homelessness crisis an emergency — which would allow the city to “bypass the bureaucracy and eliminate the inefficiencies that currently stifle progress” — Garcetti “has not employed the emergency powers given to him by the City Charter despite overwhelming evidence that the magnitude of the homelessness crisis is ‘beyond the control of the normal services’ of the city government.”In his conclusion, Carter said that for all the governmental “declarations of success that we are fed, citizens themselves see the heartbreaking misery of the homeless and the degradation of their city and county. Los Angeles has lost its parks, beaches, schools, sidewalks and highway systems due to the inaction of city and county officials who have left our homeless citizens with no other place to turn.”All of the “rhetoric, promises, plans and budgeting cannot obscure the shameful reality of this crisis — that year after year, there are more homeless Angelenos, and year after year, more homeless Angelenos die on the streets,” Carter wrote.County officials believe there are several thousand persons currently living on Skid Row streets. According to the Homeless Services Authority, 1,441 people in the area were temporarily housed last year.L.A. Alliance lawyers have written that Skid Row is a “catastrophe created by the city and county” in which the city adopted a policy of “physical containment” whereby the poor, disabled and mentally ill would be “contained” inside the delineated borders of Skid Row.Over the past year, with federal courthouses closed or not fully operational due to the coronavirus pandemic, Carter has held emergency hearings in such locations as Los Angeles City Hall and a women’s shelter in Skid Row.“Undoubtedly, both the city and county will feel that such an order is diminishing their powers,” the L.A. Alliance said in a statement when it signaled it would seek a preliminary injunction. “Yet, in the absence of a consensual agreement by the parties, court intervention becomes necessary.”The L.A. Alliance said that after numerous settlement conferences and discussions, “it is clear that the local governments are unable/unwilling to address the problem adequately. The courts must take a more active role.”Nine days after the lawsuit was filed last year, the parties suspended litigation with the intent to explore a settlement “and set the stage for a comprehensive solution in the city and county of L.A.,” the plaintiffs stated.Proposed solutions became bogged down in bureaucratic snarls between the city and county, prompting Carter to consider how he might deploy the power of the federal court to speed up efforts to get city sidewalks cleared and place homeless people into housing. Community News STAFF REPORT First Heatwave Expected Next Week Subscribe Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. HerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeauty15 things only girls who live life to the maximum understandHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeautyHere Is What Scientists Say Will Happen When You Eat AvocadosHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeautyVictoria’s Secret Model’s Tips For Looking Ultra SexyHerbeautyHerbeauty Business News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Your email address will not be published. Required fields are marked * More Cool Stuffcenter_img Community News Judge: All LA Skid Row Homeless Must Be Offered Housing By October By FRED SHUSTER, City News Service Published on Wednesday, April 21, 2021 | 3:13 pm CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Name (required)  Mail (required) (not be published)  Website  12 recommended0 commentsShareShareTweetSharePin it Top of the News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimeslast_img read more

Rights Claim To Ram Leela & Bajirao Mastani: Bombay HC To Hear Sanjay Leela Bhansali’s Petitions Seeking Injunction Against Eros Media on June 30

first_imgNews UpdatesRights Claim To Ram Leela & Bajirao Mastani: Bombay HC To Hear Sanjay Leela Bhansali’s Petitions Seeking Injunction Against Eros Media on June 30 Nitish Kashyap23 Jun 2020 9:25 AMShare This – xThe Bombay High Court on Tuesday said that both petitions filed by Sanjay Leela Bhansali Productions seeking directions for restraining Eros International Media from selling or exploiting rights of two movies, Goliyon Ki Raasleela Ram Leela and Bajirao Mastani, will now be heard together on June 30.Justice BP Colabawalla via video conferencing heard the petitions filed under Section 9 of…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 Bombay High Court on Tuesday said that both petitions filed by Sanjay Leela Bhansali Productions seeking directions for restraining Eros International Media from selling or exploiting rights of two movies, Goliyon Ki Raasleela Ram Leela and Bajirao Mastani, will now be heard together on June 30.Justice BP Colabawalla via video conferencing heard the petitions filed under Section 9 of the Arbitration and Conciliation Act, 1996 seeking urgent ad-interim reliefs restraining Eros International Media, the parent company Eros International PLC and STX Film from selling, exploiting, assigning, licensing, distributing or renewing rights of Bajirao Mastani. Bhansali has directed and co-produced both the movies.Senior Advocate Zal Adhyarujina appeared on behalf of the petitioner Bhansali Productions and submitted that on April 18, 2020 his clients came across an Intimation filed by Eros International Media Limited with the Bombay Stock Exchange wherein it stated that its ultimate Parent Company, Eros International Plc and STX Filmworks, Inc. have entered into a definitive stock-for-stock merger agreement, pursuant to which STX Entertainment will merge with a newly formed subsidiary of Eros International Plc and will survive such merger as an indirect wholly owned subsidiary of Eros International Plc. The merger is being entered into on the incorrect and misleading disclosure that Eros International PLC has some rights to the movie ‘Bajirao Mastani’. In fact, neither Eros International PLC nor STX Filmworks, INC are parties to the co-production agreement between Bhansali Productions and Eros International Media Limited, they cannot claim any rights in the film, Adhyarujina said.Advocate Akshay Patil appeared on behalf of the respondent Eros International Media.Last month, after Bhansali had moved Court seeking same ad-interim reliefs restraining Eros International Media, the parent company Eros International PLC and STX Film from selling, exploiting, assigning, licensing, distributing or renewing rights of the film “Goliyo Ki Raas Leela Ram Leela”. After hearing submissions of both parties, Court had observed- “Prima facie I find that an amount of Rs.19,39,241/- is payable by respondent No.1 to the petitioner. At this stage, I do not find that this money should be withheld by respondent No.1.”Justice Colabawalla had granted three weeks time to the respondents to pay the said amount.On Tuesday, after hearing submissions of both parties, Court adjourned the matter and the next date of hearing is June 30. 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

ASK AGAIN? Brundidge council seeks funding for splash pad

first_imgLatest Stories Troy falls to No. 13 Clemson Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthGet Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Print Article Plans underway for historic Pike County celebration The city of Brundidge will try again to secure grant funding for a splash pad park, and at least one council member is disappointed in that decision.Margaret Ross, District 3, expressed disappointment that the city council voted Thursday to resubmit a Community Development Block Grant (CDBG) application for a slash pad that was denied by the Alabama Department of Economic and Community Affairs in the 2016 grant cycle.The council voted 3-2 to resubmit the application for the splash pad with Arthur Lee Griffin, District 2 and Betty Baxter, District 1 and Mayor Isabell Boyd voting in favor of the application and Ross and Chris Foster, District 5, voting no. Byron Gaynor, District 4, was not in attendance. ASK AGAIN? Brundidge council seeks funding for splash pad Remember America’s heroes on Memorial Day Sponsored Content Published 3:00 am Saturday, July 8, 2017 Pike County Sheriff’s Office offering community child ID kitscenter_img Boyd said she supported the splash pad project because “the community was asking for it.” She said hopefully the grant will be funded and in a year or 18 months children in Brundidge will have more options for entertainment and recreation.Griffin said the children in Brundidge need more activities.“I don’t think that the splash pad would cost that much,” he said. “Using city workers, we could cut the city’s cost. I’ve seen the splash pad they have down in Ozark and it’s really nice. Ours would be, too.”On Friday, Baxter said she had noting to say about the splash pad.In other council action on Thursday, Thomas reviewed the Alabama Department of Transportation’s response to signage directed primarily toward truck traffic and a four-way stop on Alabama 10 and 93, the downtown intersection. Thomas said ALDOT’s response was based on the uniform traffic code and included appropriate signage coming from the Walmart DC onto Lott Boulevard and at the intersection of Lott Blvd. and U.S. Highway 231.“ALDOT said that is the extent of what they can do about routing traffic,” Thomas said, adding that ALDOT cannot stop 18-wheelers from tuning onto and off of Main Street, which has been the concern expressed by council members.The council also heard the response to the city’s request for a four-way stop that would replace the city’s one traffic light.Thomas said the response from ALDOT was that at a 90-day study could be made that would include a four-way stop with signage and a flashing red light at the intersection. If the city decided a four-way stop was a better way of controlling traffic, it would mean the loss of several parking spaces on all four corners. The loss of parking spaces on the corner of South Main and Highway 10 (East Troy Street) would include a handicapped space and handicapped access onto the sidewalk, Thomas said. Penny Hoarder Issues “Urgent” Alert: 6 Companies Are… Book Nook to reopen Email the author She also questioned the ability of the city to qualify for the grant funds with a project that already had been denied funding. “The 2016 grant for the splash pad was denied so I don’t know what has been done to improve our chances for the approval of the grant,” Ross said. “We should turn our attention in another direction.”If the splash pad project is submitted and approved, the city’s match for the grant would be $425,000. Britt Thomas, city manager, said the total cost of the project as submitted in the 2016 CDBG application was $675,000.Foster said he believes that it is wiser to seek grant funding that targets the city’s infrastructure. “That type grant would provide more services for all of our citizens,” he said. Next UpThe council had discussed potential projects for the 2017 CDBG application at a June work session. In addition to the splash pad, the projects discussed were the demolition of blight structures within the city and the replacement of water lines on Lee, Oak, Ramage and Lawson streets. The 4-inch water lines would be replaced with 6-inch lines, therefore, providing improved fire protection for residents on those streets.“From what I understand, the 4-inch lines don’t provide sufficient water pressure for fighting fires,” Ross said. “I think that providing increased fire protection for our citizens is much more important that providing a place for children to splash in water. “The grant money and the city’s money would be much better spent with the improvements to the water lines and the demolition of dilapidated buildings.” By Jaine Treadwell By The Penny Hoarder You Might Like Troy Utilities offers ways to save energy during hot summer months With temperatures reaching up into the 90s this month, Troy Utilities officials are sharing tips with residents on how to… read morelast_img read more

Florence flooding threat still real: ‘Do not try to return home yet,’ North Carolina governor pleads

first_img@FayettevillePD/Twitter(WILMINGTON, N.C.) — North Carolina’s governor on Tuesday pleaded with residents to remain in shelters until flooding from Florence recedes.“I know it was hard to leave home, and it’s even harder to wait and wonder whether you have a home to go back to,” Gov. Roy Cooper said at a news conference. “But please, for your safety … do not try to return home yet.”Roads remain dangerous and creeks and rivers continue to rise, he added.About 10,000 people are still in shelters and over 4,000 people have been rescued since the deadly storm made landfall on Friday.In North Carolina, more than 1,000 roads remain closed, drenched by the powerful storm.In South Carolina, one bridge was so weak that it gave out under a semi-truck Monday.Getting food to people stranded by rising waters is also a problem.“We have no way of getting food for ourselves or the animals,” one trapped resident told ABC News. “Power is not gonna come back for awhile. Our road is washed out.”On Tuesday, Officials in Wilmington distributed goods including food, water and tarps to residents who lined up in cars and on foot.Among those in line were Robert and Karen Foster, whose ceiling collapsed during the storm. The couple has already lived through hurricanes Floyd and Matthew.“Everybody’s closed, so we’re hoping we can at least get a tarp here, maybe two,” Karen Foster said.“This has been the absolute worst one,” she added. “And it’s because it just sat over us for so long and dropped so much water.”Four mass feeding kitchens are operating across the state, and more are expected to be established, officials said Tuesday.More crews are now assigned to debris removal and some ports will be open Wednesday for ferries to deliver needed supplies, officials added.At least 32 people are dead, including several young children, as a result of the storm, which brought unprecedented rainfall and flooding to the Carolinas.Florence dropped about 8.04 trillion gallons of rain on North Carolina, the National Weather Service said Tuesday, citing “the unofficial, radar-estimated storm total rainfall.”Rainfall totals in North Carolina and South Carolina have set new records from a tropical cyclone, with 35 inches and 23 inches respectively.Copyright © 2018, ABC Radio. All rights reserved.last_img read more

Karoon Energy contracts Stena Forth Drillship for Marina-1 in Peru

first_imgStena Forth will drill Marina-1 exploration well, located in Block Z-38, and the drilling is planned to start early in the first quarter of 2020 Image: Stena Drilling Stena Forth Dynamically Positioned Drillship. Photo: Courtesy of Karoon Energy. Karoon Energy has executed binding agreements with Stena Drilling and Tullow Oil to contract the Stena Forth drillship for its Marina-1 exploration well in Peru.Under the contract, Stena Forth will drill Marina-1 exploration well, located in Block Z-38, which is 40% owned and operated by Karoon. The drilling is planned to start early in the first quarter of 2020.Karoon Energy managing director Robert Hosking said: “The contracting of the “Stena Forth” for the exploration of the Marina Prospect is an exciting opportunity for Karoon. Karoon has been working for some time to assess the prospectivity of the block, attract a farmout partner and prepare for drilling.“The drilling of Marina-1 is a critical milestone for assessing the prospectivity of the deeper waters off northern Peru, and, on success, could de-risk several further exploration targets within Block Z-38, and Karoon’s 100% owned Area 73 Technical Evaluation Area, potentially providing important future production for Peru.”Karoon, Tullow Oil, Pitkin Petroleum jointly own Block Z-38The company said that the Marina exploration Prospect is a large fault bounded structure with prospective reservoirs at multiple levels, ranging from 900m subsea down to 2900m subsea.The prospect is expected to hold an estimated at 256 million barrels of Gross Prospective Resources.Marina-1 would be the first well drilled in Z-38 and serves as an important calibration point for the petroleum geology of the block.In addition, the information from the well can be used for evaluating other prospects and leads in Z-38, with more than a billion barrels in gross prospective resources, and in the technical evaluation area.Karoon said that its wholly owned subsidiary KEI Sucursal del Peru holds a 40% operating equity interest in the Blocks, along with Tullow Oil holding 35% and Pitkin Petroleum holding 25% equity interest.Hosking added: “The “Stena Forth” Drillship is a recently delivered harsh water drillship with capabilities to drill in far deeper water depths and much harsher sea states than those found in Northern Peru, Karoon is happy to have secured the use of such a high quality vessel for this well.“The company takes its responsibility to the local people and environment very seriously and has very experienced operational people who are committed to the highest levels of operational safety drilling the Marina-1 well.”last_img read more