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Forecasts for 2011 in media

first_img Deloitte yesterday unveiled its telecoms and media predictions for the coming year.And while Steve Jobs may have temporarily stepped out of the limelight, technology he has championed – including digital downloads and video calling – dominates the list. Deloitte believes 400m phones with front facing cameras for video calls will be shipped in 2011, with the format becoming cheaper and of a far higher quality. However, the firm believes consumers will continue to give the technology the cold shoulder, with demand remaining low.Wi-fi hotspots will be increasingly important, with customers unwilling to pay data charges for streaming video over 3G networks. Deloitte also says it does not expect next generation 4G networks to take off in 2011.In media, Deloitte expects TV to continue to hold its own against the barrage of new media. It says the number of households with digital video recorders will hit 50 per cent but believes the majority of consumption will still be live TV, which is good news for traditional advertising.This year will be the first time digital sales outstrip CD sales in a major market, with the US probably reaching the tipping point marginally ahead of the UK. Record companies are set to continue the trend towards live music rather than recordings, although overall investment in artists looks set to fall by $500m.The gaming world is set to change dramatically, with an explosion in downloadable games and increasingly complex revenue models, including subscription fees and in-game purchases, which could eventually represent half of the industry’s revenue.Deloitte believes social networks – led by the $50bn-valued Facebook – will churn out an astonishing two trillion adverts but only pull in $5bn in revenue. It says that by the end of 2011 half of computer-based internet users could be signed up to a social network, placing a potential glass ceiling on future growth.WHAT TO LOOK OUT FOR THIS YEARTVTV will continue to fend off attacks from new media. On-demand will reach half of homes but live viewing will remain the norm for most people.GAMINGRevenue and distribution models will shift dramatically this year, with more subscription fees and downloadable games on offer.MUSICMusic sales will reach the tipping point where downloads outstrip CD sales for the first time in a major market. Live music will continue to drive revenue.NETWORKSSocial networks will produce an estimated two trillion adverts, generating $5bn in revenue. Upward trajectory could be capped as the market matures.MOBILEVideo conferencing will become a staple on mobile phones but consumers will continue to snub the technology in favour of good old voice calling.WI-FIWi-fi will remain important for users of mobile devices thanks to the prohibative cost of data usage. 4G networks will not usurp 3G this year. Tuesday 18 January 2011 7:24 pm Show Comments ▼ Share Forecasts for 2011 in media whatsapp whatsapp KCS-content More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Tags: NULLlast_img read more

Wema Bank Plc (WEMABA.ng) HY2014 Interim Report

first_imgWema Bank Plc (WEMABA.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2014 interim results for the half year.For more information about Wema Bank Plc (WEMABA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Wema Bank Plc (WEMABA.ng) company page on AfricanFinancials.Document: Wema Bank Plc (WEMABA.ng)  2014 interim results for the half year.Company ProfileWema Bank Plc is a financial services institution in Nigeria providing banking products and services for the personal, commercial and corporate sectors. The company provides a full-service offering ranging from transactional accounts, savings account, loans and overdrafts to revolving credit, warehouse financing, letters of credit and invoice discounting/receivable refinancing. Trade services include bills for collection, shipping documents handling, trade finance, invisible trade, offshore guarantees and advisory services. Other products and services support small and medium-sized enterprises, foreign exchange, cash management, retail management and integrated revenue services. Founded in 1945, Wema Bank Plc now as an extensive network of some 125 branches in the major towns and cities of Nigeria. Its company head office is in Lagos, Nigeria. Wema Bank Plc is listed on the Nigerian Stock Exchangelast_img read more

Anglicans gather for UN Commission on the Status of Women

first_img Rector Washington, DC Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Anglican Communion, Course Director Jerusalem, Israel Priest Associate or Director of Adult Ministries Greenville, SC UNCSW, Canon for Family Ministry Jackson, MS Bishop Diocesan Springfield, IL An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Submit an Event Listing Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector Smithfield, NC By ENS staffPosted Mar 12, 2015 Cathedral Dean Boise, ID Family Ministry Coordinator Baton Rouge, LA In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Hopkinsville, KY Rector Bath, NC Women’s Ministry Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Martinsville, VA Director of Music Morristown, NJ Rector Knoxville, TN Rector (FT or PT) Indian River, MI Press Release Service Rector and Chaplain Eugene, OR Curate (Associate & Priest-in-Charge) Traverse City, MI Featured Jobs & Calls Rector Shreveport, LA Youth Minister Lorton, VA New Berrigan Book With Episcopal Roots Cascade Books Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Rector Belleville, IL Director of Administration & Finance Atlanta, GA Submit a Job Listing Priest-in-Charge Lebanon, OH Curate Diocese of Nebraska Participants gather in the United Nations’ General Assembly Hall during the opening of the fifty-ninth session of the Commission on the Status of Women (CSW). Taking place at UN headquarters from March 9-20, the session will review progress made in the implementation of the Beijing Declaration and Platform for Action, 20 years after its adoption at the Fourth World Conference on Women in 1995. Photo: United Nations[Episcopal News Service] More than 100 Anglicans are heading to New York for the 59th Session of the United Nations Commission on the Status of Women (UNCSW), meeting March 9-20.During the commission’s annual two-week session, representatives of U.N. Member States, civil society organizations and U.N. entities gather at the U.N. headquarters in New York. They discuss progress and gaps in the implementation of the 1995 Beijing Declaration and Platform for Action, the key global policy document on gender equality, and the 23rd special session of the General Assembly held in 2000 (Beijing+5), as well as emerging issues that affect gender equality and the empowerment of women. Member States agree on further actions to accelerate progress and promote women’s enjoyment of their rights in political, economic and social fields. The outcomes and recommendations of each session are forwarded to the U.N.’s Economic and Social Council for follow-up.The commission is due to adopt a political declaration on the occasion of the 20th anniversary of the Fourth World Conference on Women in Beijing. The draft of that declaration is here. The session is also being asked to adopt a draft plan of the commission’s future organization and methods of work.Secretary-General Ban Ki-moon (center right) attends a special event in New York City entitled, “Planet 50-50 by 2030: Step It Up for Gender Equality”. Organized by the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women), the event marks the twentieth anniversary of the Beijing Declaration and Platform for Action, which was adopted by the Fourth World Conference on Women in September 1995. Also pictured: Ban’s wife, Yoo Soon-taek (center) and Republic of Liberia President Ellen Johnson Sirleaf (center left). Photo: United NationsU.N. Secretary General Ban Ki-moon, in opening remarks on March 9, called 2015 “a vital year for advancing the cause of gender equality.”“Women continue to suffer disproportionately from the economic crisis, from the impacts of climate change, from the displacement caused by conflict, persecution and so much else,” he said. “Extremist groups continue to viciously and systematically attack girls and women. The international community needs to translate its outrage into aid, services, support and justice.”However, Ban said, “women are not just victims; they are agents of progress and change.“Empowered women and girls are the best drivers of growth, the best hope for reconciliation, and the best buffer against radicalization of youth and the repetition of cycles of violence,” he said.The secretary general has submitted a report to the session on the progress since the Beijing meeting.There has traditionally been a strong Anglican and Episcopal presence at past UNCSW annual sessions and more than 100 participants from Anglican provinces around the world are in New York for the 2015 gathering. There are 19 accredited Anglican Communion delegates, each officially representing her province. The Rev. Joan Grimm Fraser of the Diocese of Long Island is the provincial delegate representing The Episcopal Church to the Anglican Communion delegation.The Anglican Communion delegates are from Australia; Hong Kong; Jordan (Jerusalem & the Middle East); Malawi (Central Africa); Myanmar; Papua New Guinea; Aotearoa, New Zealand & Polynesia; Brazil; the Scottish Episcopal Church; Japan; the Church of Ceylon; Swaziland and South Africa; The Episcopal Church; Canada; Ghana (West Africa) and England.Many of the women will visit their permanent country missions at the UN to advocate for the lifting of barriers to women’s active participation in all spheres of public and private life as equal decision-making partners, the core aim of the Beijing Platform for Action.“Anglican women are present in urban and rural communities all over the world”, said Ann Skamp, convener for the International Anglican Women’s Network who is accompanying the delegation. “They know what is happening at grassroots and bring valuable local knowledge and insights to the table. They also bring the values of their faith and bright hope for the future.”Ecumenical Women, of which The Episcopal Church and the Anglican Consultative Council (the Communion’s main policy-making body) are members, has filed an official statement to the session saying that many of the goals of the Beijing Platform for Action remain unfulfilled.“Gender biased institutional structures create inequalities and discrimination, and still exist in public and private sectors, academia, and religious structures,” the statement says, adding that the group is also concerned with “the efforts to roll back gains” made since Beijing.“We affirm that God’s world was meant to be one of abundance for all people, with fundamental rights and dignity for all women and men. For healthy sustainable societies, women must be integral to the decision-making processes in law, policies and development programs.”The Episcopal Church has its first official delegation since being granted special consultative status with the Economic and Social Council last July.A summary of the rest of the Anglican/Episcopal-related UNCSW activities is here.Diocese of Long Island Assistant Bishop Chilton Knudsen preached March 9 at the opening Eucharist for Anglican and Episcopal participants. Presiding Bishop Katharine Jefferts Schori presided at the Eucharist celebrated in the Chapel of Christ the Lord in the Episcopal Church Center, which is two blocks from the United Nations.The text of Knudsen’s sermon follows.Sermon for the Opening Eucharist UNCSW 2015Episcopal Church Center, New York City, NYText: John 20: 11-18Mary Magdalene came to the tomb where the body of Jesus was placed after his death on the Cross.She came to mourn his absence, to remember. She wanted assurance that she could find hope to live the rest of her life without Jesus. Her precious friend Jesus.Jesus treated her with dignity, healed her, taught her, lifted her up, and shared with her in Table Fellowship. How would she go on without Jesus?Two angels sat in the tomb, one where his feet had been and one where his head had been.“Woman, why are you weeping?” the angels asked.Mary Magdalene was weeping because her heart had broken. She wept because the One whom she loved had been brutally executed. Her tears were a sign that she loved deeply; that she had devoted herself to the mission of compassion and justice and peace which Jesus demonstrated. She wept because human beings do terrible things to each other. Human beings continue to do terrible things to one another, because systems of dominance and power and greed and violence — then and now — crush goodness.Woman, why are you weeping?Just as she answered “They have taken away my Lord…” she turned and saw someone she did not recognize, maybe it was the gardener.This mysterious stranger also asked her the same question: “Woman, why are you weeping?”This is a question to all of humanity, in our time as well as in Jesus’ time.We come here to this meeting of the United Nations Commission on the Status of Women because there is much in our world which causes us to weep. We weep because children are sold as slaves. Women and children starve for want of food. Because violence and oppression continue to dominate, so women are deprived of freedom and dignity. We are weeping because women are treated as second-class members of their society.Woman, why are you weeping?Mary Magdalene answers yet again, assuming that someone has taken away Jesus’ body: “Sir, if you have carried him away, tell me where so I can take his body myself.”At that moment, Jesus calls her by name, “Mary!” She hears that familiar voice speaking her name. At once, she knows it is Jesus, who is now alive in the glorious power of resurrection.Hope is alive! The message of Jesus — about compassion and justice — is victorious over the systems of power and greed and oppression.Jesus then asks two things of her. First, that she not cling to him: not to hold onto the joy of his beating death to live in resurrection glory. Second, Jesus asks that she go and tell others that he is now wonderfully alive, and his mission will continue.Jesus entrusts to Mary Magdalene the proclamation of his rising from death. Jesus lives! His message lives!This story tells us that the holy and mysterious agenda of God is given to all believers. As believers, we are to spread this Good News widely into every part of the world.The Good News of Jesus’ resurrection inspires us to work for justice and peace for all people.And because we are people who weep, we are also people of action.So here we are, praying together for the strength to carry on the mission of Jesus. Our weeping has built in us a fire of determination. God’s power is with us, as we move from weeping to action. By this we join with our sister Mary Magdalene to proclaim that Jesus is risen. And because Jesus is risen, our hope is fulfilled and our resurrection work is blessed with the very power that raised Jesus from death.Let us be about that resurrection work. Beginning now in our worship and our solidarity.— The Anglican Communion News Service contributed to this story. Rector Albany, NY Assistant/Associate Priest Scottsdale, AZ Assistant/Associate Rector Washington, DC TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Associate Rector Columbus, GA Submit a Press Release An Evening with Aliya Cycon Playing the Oud: Crossing continents and cultures with the most beautiful instrument you’ve never heard Lancaster, PA (and streaming online) July 3 Missioner for Disaster Resilience Sacramento, CA Assistant/Associate Rector Morristown, NJ Associate Rector for Family Ministries Anchorage, AK This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Tampa, FL Rector/Priest in Charge (PT) Lisbon, ME Rector Pittsburgh, PA Featured Events Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Tags Rector Collierville, TN Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Associate Priest for Pastoral Care New York, NY AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Anglicans gather for UN Commission on the Status of Womenlast_img read more

TCU’s Elite Dance Team is heading to USA Nationals

first_imgMacy Yateshttps://www.tcu360.com/author/macy-yates/ Linkedin Twitter ReddIt TCU places second in the National Student Advertising Competition, the highest in school history Previous article‘The Big Switch:’ Student spends a day in the chancellor’s shoesNext articleReview: Father John Misty releases new song, anticipation for album grows Macy Yates RELATED ARTICLESMORE FROM AUTHOR Facebook Facebook printThe Women’s Elite Dance Team, a club sports team at TCU, is heading to the USA Nationals in Anaheim, California, for the third year in a row.This competition will be a step toward reaching a goal the team members set for themselves at the beginning of the school year.Coach Lauren Hill says there has been a lot of leadership throughout their practices, which has helped in keeping the team morale high.“The leadership has been really positive and it’s been just cool to see all the new freshman come on and have such a great, positive attitude,” she said. “Everyone has been having a really fun time and it’s really cool to see them grow as people and as dancers at the same time.”TCU Elite has been going to this competition in California for three years after transitioning from competing in a National Dance Alliance competition in Florida.Dance GuidelinesVenngage InfographicsJunior Alex Wuller says the team has been able to excel because this competition fits them better overall.“Our team is about 75 percent Californian, so we know the teams we are going up against,” Wuller said. “We know more of what we think the judges would like.”The team has received a higher placement at this competition each year, and they are hopeful to continue that trend Feb 23. However, enjoying their time as a team is most important to them.“Last year we were fourth, so anything up from that would be great,” Hill said. “But, honestly, we are more just about enjoying dancing than being number one. We would like to do both if that’s possible, but we will be fine with just having fun too.” Student forms mentoring group to help high school students prepare for college + posts Twitter TCU adds new Eventing Club Sport Linkedin TAGSdance Macy is a junior Journalism major from Lubbock, Texas. ReddIt Macy Yates World Oceans Day shines spotlight on marine plastic pollution Macy Yateshttps://www.tcu360.com/author/macy-yates/ Welcome TCU Class of 2025last_img read more

Vietnam arrests two leading members of independent journalists group

first_img News Pham Chi Thanh (left) was arrested on 21 may in Hanoi. Two days later, Nguyen Tuong Thuy was arrested and transferred to Ho-Chi-Minh-City (photos: Facebook Pham Thanh – Dien Dan Dan Chu). Receive email alerts News to go further Vietnam sentences journalist Tran Thi Tuyet Dieu to eight years in prison Reporters Without Borders (RSF) demands the immediate release of two leading members of the Independent Journalists Association of Vietnam (IJAVN), who were arrested two days apart in Hanoi last week, and calls on Vietnam’s commercial partners to put pressure on the authorities to end this latest crackdown on independent commentators. Nguyen Tuong Thuy, a 68-year-old blogger and IJAVN vice-president, was arrested on 23 May in Hanoi, where he lives, and was immediately transported 1,700 km south of the capital to Ho Chi Minh City, where he continues to be held. A former Vietnamese Communist Party combatant, Thuy became a reporter for Radio Free Asia, which is funded by the US Congress. Pham Chi Thanh, a journalist and prominent IJAVN member who uses the pseudonym of Pham Thanh, was arrested when police arrived at his Hanoi home at 8 a.m. on 21 May and immediately took him away. His is currently being held in a Hanoi prison under article 117 of the criminal code, which penalizes “opposing the state of the Socialist Republic of Vietnam.” April 22, 2021 Find out more “The almost simultaneous arrests of Pham Chi Thanh and Nguyen Tuong Thuy send an extremely chilling message to all those trying to maintain a public debate in Vietnam,” said Daniel Bastard, the head of RSF’s Asia-Pacific desk. Vietnam has long been near the bottom of RSF’s World Press Freedom Index and is ranked 175th out of 180 countries in the 2020 Index. Also aged 68 and an old Communist Party member, Thanh used to work with the state-owned Voice of Vietnam radio station before becoming a pro-democracy activist and critic of the one-party state. He edited a blog, Ba Dam Xoe, and had just published a book about the Communist party’s general secretary entitled “Nguyen Phu Trong: holder of the mandate of heaven or great immoral traitor.” VietnamAsia – Pacific Condemning abusesProtecting journalistsMedia independence ImprisonedJudicial harassmentRSF Prize “The fact that the government has detained these two journalists, both respected former Communist Party members who have become scathing critics of the party’s ossification, speaks volumes about the feverishness at the head of the party as it prepares for its 21st five-yearly congress in six months’ time. We urge Vietnam’s commercial partners, including the European Union and the United States, to press for an end to this latest crackdown.” Last week’s two arrests were preceded on 8 May by the arrest of Phung Thuy, a bookseller who helped to sell books produced by the Progressive Publishing House (NXBTD), including Thanh’s books. Intelligence agents tortured him in an unsuccessful attempt to get him to reveal the current address of Pham Doan Trang, a journalist and author who was awarded RSF’s Prize for Impact in 2019.center_img RSF_en Help by sharing this information Feverish leadership The IJAVN, which also tries to promote a public debate in Vietnam, was created in 2014. Its president, Pham Chi Dung, who was included in RSF’s list of “information heroes” five years ago, was arrested last November. Three more independent reporters arrested in Vietnam News VietnamAsia – Pacific Condemning abusesProtecting journalistsMedia independence ImprisonedJudicial harassmentRSF Prize News Organisation RSF laureates support jailed Vietnamese journalist Pham Doan Trang April 27, 2021 Find out more May 26, 2020 – Updated on June 26, 2020 Vietnam arrests two leading members of independent journalists group Follow the news on Vietnam April 7, 2021 Find out morelast_img read more

Rajasthan HC Dismisses PIL Filed Against ‘Dream 11’ Alleging Its Involvement In Offences Of Betting And Gambling [Read Order]

first_imgNews UpdatesRajasthan HC Dismisses PIL Filed Against ‘Dream 11’ Alleging Its Involvement In Offences Of Betting And Gambling [Read Order] Sparsh Upadhyay18 Oct 2020 9:56 PMShare This – xThe Rajasthan High Court on Friday (16th October) dismissed a writ petition filed in the nature of a Public Interest Litigation against Dream 11 Fantasy Private Limited, alleging that the game being played on the platform is nothing else but “betting” on the cricket team.Further, it was alleged in the PIL that online fantasy sports games are games of chance, thereby constituting illegal act…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 Rajasthan High Court on Friday (16th October) dismissed a writ petition filed in the nature of a Public Interest Litigation against Dream 11 Fantasy Private Limited, alleging that the game being played on the platform is nothing else but “betting” on the cricket team.Further, it was alleged in the PIL that online fantasy sports games are games of chance, thereby constituting illegal act of gambling/ bettingThe Bench of Chief Justice Indrajit Mahanty and Justice Mahendar Kumar Goyal observed that,”Since the result of fantasy game depends on skill of participant and not sheer chance, and winning or losing of virtual team created by the participant is also independent of outcome of the game or event in the real world, we hold that the format of online fantasy game offered by respondent No.5 is a game of mere skill and their business has protection under Article 19(1)(g) of the Constitution of India, as repeatedly held by various Courts and affirmed by the Hon’ble Supreme Court.”Averments in the PILIt was alleged that the private-respondent No.5 is not paying GST under proper classification, which should be @ 28% and only pays 18% GST that too on the amount received from a participant and retained by it, which effectively amounts to evading GST on balance 80% amount, which is transferred towards the winning amount for the game.The petitioner referred to Section 65-B(15) of the Finance Act, 1994 for definition of “betting or gambling”, Section 2(13) of the CGST Act for definition of “consideration” and rule 31-A of the Central Goods and Service Tax Rules, 2018 (for short ‘the CGST Rules’).The petitioner also referred to Circular No. 27/01/2018- GST dated 04.01.2018 issued in respect of horse racing and on such basis alleges that GST should have been payable on 100% of the amount received.According to the petitioner, out of every `100/- received by the private respondent No.5 from the participants, `80/- are set aside in an escrow account for the common price pool and same is distributed amongst the winners and on such sum no GST is paid which, is being paid on the remaining amount retained as Platform Fee i.e. `20/-. The petitioner also alleges that even on the said actionable claim amount of `80/- kept in the escrow account and distributed amongst the winners, GST should be payable by the private respondent No.5, that too @ 28%.In substance, the present PIL sought action against the private respondent No.5 – Dream 11 by raising two issues, namely:-(1) Whether online fantasy sports games offered on Dream 11 platform are “gambling/betting”?(2) Whether respondent No.5-Dream 11 is wrongly classifying its virtual online game under the wrong entry for GST and, therefore, violating Rule 31(A) (3) of the CGST Rules, 2018 in order to evade GST?Court’s AnalysisWhile citing the Apex Court’s ruling in the case of State of Bombay Vs. R.M.D. Chamarbaugwala & Anr., AIR 1957 SC 699, wherein it was held that the games of skill are distinguishable from gambling and enjoy protection under Article 19(1) (g) of the Constitution of India, the HC said that competitions which involve substantial skill are not gambling activities and such competitions are business activities entitled to protection guaranteed by Article 19(1) (g) of the Constitution of India.Further, the Court concluded that the fantasy games offered by respondent No.5 is not determined merely by chance or accident, but the skill of the participant determine the result of the game having predominant influence on the outcome of the fantasy game.The Court observed that whether any particular team in the real world match wins or loses, is also immaterial as the selection of virtual team by the participant involves choosing players from both the teams playing in the real world.The Court also noted that offering the fantasy games of Dream-11 involving substantial skills is a business activity and not wagering having protection granted by Article 19(1)(g) of the Constitution.Court also agreed to the submission of respondent No.5 that the fantasy sports formats like that of Dream-11 are globally recognized as a great tool for fan engagement, as they provide a platform to sports lovers to engage with their favorite sports along with their friends and family. This legitimate business activity having protection under Article 19(1)(g) of the Constitution contributes to Government Revenue not only vide GST and income tax payments, but also by contributing in increased viewership and higher sports fan engagement, thereby simultaneously promoting even the real world games.Lastly, the Court was of the view that the issue whether the fantasy games played on the platform of respondent No.5 are or are not gambling/betting activities is thus closed and decided in favour of respondent No.5.On the second issue, the Court cited the Bombay HC’s ruling in the case of Gurdeep Singh Sachar v. Union of India [Judgment dated 30th April 2019 in Criminal P.I.L. No. 16 of 2019] and said,”The Bombay High Court was pleased to dismiss the said PIL holding that the online fantasy cricket of respondent No.5 was a game of mere skill, as distinguished from a game of chance. The Dream-11 fantasy game does not involve risking money or playing stakes on the result of a game or an event, hence, the same did not amount to gambling/betting. The Bombay High Court also held that respondent No.5 is correctly paying 18% GST by classifying its services under entry 998439 and is not liable to pay GST @ 28% as applicable to ‘online gambling services’ under entry 999692 and that Rule 31-A(3) of the CGST Rules, 2018 was not applicable as the said actionable claim as per Schedule III and Section 7(2) of the Act, are not considered as ‘supply of goods’ or ‘supply of services’ and, therefore, the authorities have rightly not taken steps against Dream-11.”However, the Court though it appropriate to leave the said second issue for the GST authorities to consider in accordance with law.The Court was of the considered view that PIL has been filed without any real public interest, without disclosing the relevant facts and without proper research.Consequently, the Court found no merit in the PIL petition and the same was accordingly dismissed with costs.Click Here To Download Order[Read Order]Next Storylast_img

Big Beach Clean Up takes place in Donegal next weekend

first_img Important message for people attending LUH’s INR clinic Facebook Arranmore progress and potential flagged as population grows Pinterest Google+ Twitter RELATED ARTICLESMORE FROM AUTHOR Previous article20 people awaiting in-patient beds at Letterkenny University HospitalNext articleLatest flood update from Donegal County Council News Highland Big Beach Clean Up takes place in Donegal next weekend Google+ Clean Coasts Ireland and Donegal County Council are coordinating the Big Beach Clean Up in the county on the weekend after next.Last year, 120 clean ups took place across the country, 20 of them in Donegal.Becky Finn is Donegal Officer with Clean Coasts Ireland:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2017/09/becky1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twittercenter_img By News Highland – September 6, 2017 WhatsApp WhatsApp Homepage BannerNews Facebook News, Sport and Obituaries on Monday May 24th Pinterest Journey home will be easier – Paul Hegarty Harps come back to win in Waterford DL Debate – 24/05/21 last_img read more

LEADER funding boost set to benefit Donegal communities

first_img Loganair’s new Derry – Liverpool air service takes off from CODA Twitter RELATED ARTICLESMORE FROM AUTHOR Google+ WhatsApp Previous articleCouncil urged to progress shovel ready Greenway projectsNext article‘Disappointment’ over setback in vaccine rollout at local practice News Highland Twitter LEADER funding boost set to benefit Donegal communities Facebook Pinterest Pinterest WhatsAppcenter_img Homepage BannerNews Facebook DL Debate – 24/05/21 By News Highland – March 15, 2021 Nine til Noon Show – Listen back to Monday’s Programme Important message for people attending LUH’s INR clinic Google+ Arranmore progress and potential flagged as population grows Donegal communities and businesses are set to benefit from an increased allocation of €70 million through the LEADER programme for the period 2021 and 2022.Following EU support, an extra €50 million is being added to the initial funding of €20 million announced by Minister Humphreys in December 2020.Through the LEADER programme, over the next two years a total of €70 million, of which more than €50 million is expected to come from the EU, will be directly invested into rural areas to help address specific needs and help to realise opportunities for rural Ireland as we recover from the impact of COVID-19.The funding will ensure that more vital locally-led projects in areas like climate change, digital transformation, remote working and enterprise development can be progressed in rural communities throughout the country.In the coming weeks, the Department of Rural and Community Development will provide the breakdown of the increased allocation to each of 29 Local Action Groups who deliver the LEADER Programme. News, Sport and Obituaries on Monday May 24th last_img read more

The many faces of leadership

first_img Comments are closed. Related posts:No related photos. How do leadership and behavioural skills vary around the world? Debra JCohen and Lisbeth Claus take a closer lookSociety and business have become global, with companies operating inmultiple countries. With a global culture comes a need for a new type ofleadership. A global workforce requires leaders to be able to work in culturesdifferent from their own. What makes a leader an effective one for amultinational company? To explore effective global leadership, the Society forHuman Resource Management (SHRM), in conjunction with the SHRM Global Forum,conducted a survey of HR professionals throughout the world. As globalisation among businesses continues to increase in both scope anddepth, many organisations have begun to concentrate on the type of leadershipskills needed to effectively manage, build and sustain them. But are certainleadership behaviours or skills viewed with the same level of importance aroundthe world? If companies around the world are to recruit, retain and developleaders, it is helpful to know if there are any common denominators ofimportance or noteworthy differences from region to region. Effective leadership styles are likely to vary between cultures andcountries. All leaders and managers need to influence behaviour and add valueto their organisations, but how they accomplish this may vary. Similarly, allorganisations must recruit, retain and develop this talent. One purpose of thisstudy was to investigate what organisations around the world value in terms ofleadership behaviours and skills. The study Respondents were randomly-drawn members from SHRM and the SHRM Global Forum.A survey link was e-mailed to 1,898 participants. A total of 426 participantsworking in 52 countries responded -a response rate of 22 per cent. The SHRMGlobal Forum’s Thought Leadership Committee and the SHRM Survey Program jointlydeveloped the survey instrument. The first analysis was a simple comparison of where the headquarters of theorganisation are located (inside the US vs. outside the US); results aredepicted in Table 1. Character and performance were the top two characteristicsidentified by the respondents. Performance was rated first by respondents located in organisations wherethe headquarters are outside the US, whereas character was identified first inorganisations headquartered in the US. Adaptability was rated important by bothUS and non-US firms, but was viewed as more important by non-US firms. HRprofessionals in US firms indicated that flexibility and ethical behaviours aremore important than other behaviours or skills. Conversely, HR professionals innon-US firms indicate that persistence and being visionary are more important. Organisation size Focusing on the top five behaviours and skills, character and performanceare clearly the most important behaviours and skills as identified byrespondents and represent a common denominator among all organisations,regardless of size. However, there are some interesting differences byorganisation size. Table 2 shows the comparison of the top five behaviours and skills as ratedin importance by the respondents across small (1-100 employees), medium(101-500), and large (501 and above) organisations. In looking at the top fivebehaviours and skills as rated by importance, small organisations identifytechnical capability and persistence as key issues, as do medium organisations;yet, large organisations do not. In contrast, large companies identify flexibility as important while smallercompanies do not. Adaptability is important to large and medium companies, butnot small ones. This analysis shows that organisations of different size categoriesmay look to recruit leaders with different behaviours and skills and may trainexisting leaders for different behaviours and skills since they have differentvalue systems. This analysis also shows that the presence of so many largeorganisations in our sample, compared to small and medium organisations, skewedour overall importance ratings to reflect larger organisations more than smallor medium ones. Headquarters location When the region of headquarters country was considered, character and performancewere again common denominators, with these behaviours and skills rated byparticipants as either the first or second most important factor in seven outof eight geographic regions. As shown in table 3, in only one case – the Middle East – neither characternor performance was listed as the most important behaviour. In this case,technical capability was rated the highest, with performance a close second. Technical capability was rated as one of the top five in four out of nineregions, as was persistence. Ethical behaviours was rated in the top five infive out of nine regions, as was flexibility. Adaptability was rated in the topfive in six out of nine regions. Having logical skills was rated among the top five by respondents fromCentral America and the Middle East. Having organisational skills wasidentified as important by respondents from Asia and the Middle East, as wasbeing visionary. Respondents from Africa rated self-confidence as an importantcharacteristic, and respondents from South America rated reconciliation ofdifferences and ambiguities as among the top five behaviours or skills.Clearly, there is a wide range of behaviours and skills valued differentlyacross regions. Conclusion As society becomes even more global and national borders slowly disappear,the importance of global leadership increases. Several factors are clear fromthis study. Character and performance of organisational leaders appear to beissues of convergence around the globe with most organisations, regardless ofsize or location of headquarters. A second conclusion – one that mirrors the literature on national culture –is that while there is a common denominator, there are also noteworthydifferences between organisations depending on various demographic issues,including the location of the headquarters organisation, or size. These maystem from differences in cultural orientation or may be due to practices thathave evolved over time. As organisations continue to globalise, this will make the job of recruiting,retaining and developing talent even more difficult. Accomplishment of work andintegrity in work may be key issues, but they are clearly not the only skillsor behaviours it takes to make an organisation successful. Understanding whatit takes, and seeking or developing these characteristics, may give someorganisations a competitive advantage. The many faces of leadershipOn 1 Oct 2002 in Personnel Today Previous Article Next Articlelast_img read more

Brioche Pasquier reveals top dessert flavours

first_imgSource: Brioche Pasquier Chocolate is the nation’s favourite dessert flavour, a survey by Brioche Pasquier has revealed.The survey, which saw 1,938 customers polled in August found that the classic flavour is the top choice for desserts between Brits aged 16-64. Caramel and coffee are also popular choices as part of a group that the company has called ‘rich’ flavours.When it comes to the type of desserts, cake is the favourite for those aged 16-34 while cheesecake claims the top spot for those over 35 years old.However, the company notes an opportunity for businesses to tap into demand for Café Gourmand – a mini pudding served with a hot drink. Nearly half (44%) of respondents say they have indulged in this when out of home.Afternoon tea also remains popular with 48% of those surveyed tapping into the occasion.“Our research confirms that people tend to go for desserts over the weekend and they generally follow a main course, however, what we’ve also seen is that there is an opportunity for a weekday treat with Café Gourmand increasing in popularity on Mondays and Wednesdays and mid-week or hump day Afternoon Tea is also popular,” said Matt Grenter, foodservice sales manager at Brioche Pasquier.“This is the perfect opportunity for cafes, pubs, bars and restaurants to introduce these two options into their planning, helping to increase sales, across the week and through different day parts.”Brioche Pasquier is looking to tap into these opportunities with its range of Petit Fours Elegance and Chocolat range, which come frozen in a box of 48. They combine popular ingredients such as praline, hazelnuts and choux pastry.Other flavours are gaining traction in bakery as consumers seek flavours inspired by other parts of the world, as well as new twists on classics. Find out more in our latest feature: “What’s the next sweet bakery flavour sensation?”last_img read more