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Chandigarh, December 30 : Farmers have announced a 'Punjab Bandh' on Monday leading to the expected closure of all shops across the state and disruptions in road and rail services. However, emergency services will continue to operate. There will also be no supply of milk, fruits, and vegetables until the protest ends on Monday evening as several trade organisations lent their support to the bandh. "Farmer union leaders will enforce a chakka jam on roads and rail lines from 7 a.m. to 4 p.m. Government and private institutions are requested to stay closed. Only emergency vehicles, such as ambulances, marriage vehicles, or anyone in a dire emergency, will be allowed to pass," reports quoted a senior farm leader as saying. Tripura: Protest Rally by Samyukta Kisan Morcha Held in Agartala to Support Farmers' Demands. SKM, KKM Call for Bandh The decision to give a call for a 'Punjab bandh' was taken last week by the Samyukta Kisan Morcha (Non-political) and Kisan Mazdoor Morcha (KMM). Sarwan Singh Pandher -- who happens to be the coordinator of both forums -- said traders, transporters, employees unions, toll plaza workers, labour, ex-servicemen, Sarpanches and teachers' unions, social and other bodies, and some other sections have lent their support to the bandh. Farmers under the banner of SKM (Non-Political) and KMM have been camping at Shambhu and Khanauri border points between Punjab and Haryana since February 13 after their march to Delhi was stopped by security forces. With Jagjit Singh Dallewal's indefinite hunger strike entering its 34th day on Sunday, farmer leaders at Khanauri said they have been following the Gandhian way to continue their protest and it is up to the government to decide whether it wants to use force to evict their senior leader. Farmers Protest: ‘Fight Will Last Till Last Breath’, Says Jagjit Singh Dallewal Whose Fast Completes 28 Days for Kisan’ Rights. Roads and Railway Services To Remain Closed He further said the farmers wanted to make it clear that whatever situation arises the responsibility will lie with the Centre and the constitutional bodies. Rail movement and road traffic will remain closed on Monday. In support of the farmers' Bandh call, bus services in Punjab will remain suspended on Monday. While the PRTC bus services will be shut for four hours, from 10 a.m. to 2 p.m., the private bus operators have announced their full support, thus declaring the suspension of services across the state from 7 a.m. to 4 p.m. on Monday. Besides a legal guarantee on the MSP for crops, the farmers are demanding a debt waiver, pension for farmers and farm labourers, no hike in the electricity tariff, withdrawal of police cases and "justice" for the victims of the 2021 Lakhimpur Kheri violence. Reinstatement of the Land Acquisition Act, 2013 and compensation to the families of the farmers who died during a previous agitation in 2020-21 are also part of their demands. This bandh, the farmer leader said, will force the Centre to accept the demands of farmers. He slammed the Union government for failing to accept the demands of farmers. Farmers under the banner of SKM (Non-Political) and KMM have been camping at Shambhu and Khanauri border points between Punjab and Haryana since February 13 after security forces stopped their march to Delhi. A "jatha" (group) of 101 farmers made three attempts to enter Delhi on foot on December 6, December 8, and again on December 14. Security personnel in Haryana prevented them from proceeding. There will be a complete bandh on December 30, farmer leader Sarwan Singh Pandher said. However, emergency services will remain operational. Punjab farmer leader Sarwan Singh Pandher said the call for a 'Punjab bandh' on December 30 is getting good support from various sections. The decision to give a call for a 'Punjab bandh' was taken last week by the Samyukta Kisan Morcha (Non-political) and Kisan Mazdoor Morcha. To ensure the success of the bandh, SKM (Non-political) and KMM convened a meeting of transporters, employees, traders and others at the Khanauri protest site last Thursday. (The above story first appeared on LatestLY on Dec 30, 2024 08:35 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com ).Njerae Takes It Home With New Banger “Nyumbani” In Time For The Holidays
Save articles for later Add articles to your saved list and come back to them any time. Melbourne cafe supremo Rashid Alshakshir is, in many ways, the epitome of a small business success story. The one-time aspiring journalist and student filmmaker pivoted several years ago into marketing and hospitality and is now the co-owner of the newly opened, trendy Tickled Pink cafe in Canngu, in Bali, building upon the brand’s outlets in Thornbury, Elwood and Richmond. More recently, Alshakshir has been involved in a far more lucrative business, earning $35 million in 18 months providing investment “leads” to property developer and fund manager Paul Chiodo. Rashid Alshakshir (left) and Paul Chiodo and the branding for the Tickled Pink cafes. Credit: Monique Westerman Until June, Chiodo had overseen the massive $480 million Shield Master Fund managed investment scheme and the Keystone Asset Management investment house, as well as a development pipeline of exclusive, five-star resorts worth $1 billion in places such as Port Douglas, Fiji and Venice. Alshakshir’s side hustle with Chiodo appears to have been stymied by an investigation by the corporate watchdog into the affairs of Chiodo and the investments of the Shield Master Fund, which is now frozen, trapping the life savings of 6000 Australians. Part of the regulator’s probe includes reviewing the relationship between Chiodo and the cafe owner and the other 16 or so lead generators who were paid $65 million in total – or 13 per cent of the money raised from investors – for marketing services. An investigation by this masthead in early August revealed concerns at the Australian Securities and Investments Commission (ASIC) that a large proportion of the Shield Master Fund’s money had been improperly directed to another fund that then solely provided loans and mortgages to Chiodo’s property development business. ASIC alleges these investments may have been out of step with the fund’s stated investment intentions given it appears investors had believed they were investing in shares in listed companies and in a diversified portfolio of property developments and secured loans. This masthead also uncovered that several of the Chiodo developments invested in by the fund were for ambitious five-star hotel projects that had no planning approval and faced lengthy delays compared to the completion times touted in promotional material. This included $140 million of investor money being advanced to a property development in Port Douglas, which had no planning approval. It has since emerged that the fund, via its Quantum PE sub-fund, had invested in the Tickled Pink cafe business – which is owned by the man who was generating leads for new investors into the Chiodo investment empire. Chiodo has long described ASIC’s probe as unfair and “precipitous”, noting it had a disastrous impact on investors in the fund despite his efforts to work constructively with ASIC and receivers to his business. ASIC has made no formal charges against Chiodo and there is a chance the corporate watchdog’s investigation may result with no action being taken against the once highly flying property developer and fund manager who tried in vain to rescue the Shield Master Fund from entering administration before liquidators were appointed. There is also no suggestion that Alshakshir, who runs Bespoke Marketing, the business headquartered in Sydney Road, Coburg, as well as the cafes, has any involvement in the Shield Master Fund or Chiodo’s development business. The payments to Alshakshir’s business are, however, of interest to ASIC and to liquidators from Deloitte, Jason Tracy and Luci Palaghia, who are reviewing whether they can claw back the payments for the investors in the fund. The interior of the Tickled Pink cafe in Elwood before its closure in November. Credit: Instagram ASIC highlighted the relationship between one of Chiodo’s entities and Alshakshir’s business NOHAP in court documents filed by the regulator when obtaining freezing orders over Chiodo’s assets this year. “ASIC suspects that Keystone has been paying commissions to lead generators engaged to assist Keystone in promoting investments in the SMF [Shield Master Fund]. ASIC is particularly concerned with certain payments made to NOHAP,” the regulator said in the documents. Commission payments to financial advisers for product recommendations are banned in Australia under laws put in place to stamp out conflicted remuneration. However, payments for marketing services are permitted. There is also no suggestion that Keystone paid any commissions to financial advisers. ASIC acknowledged in its court documents that Keystone and related group CF Capital maintained a policy that explicitly stated that neither ever paid commissions for financial advice in explaining the relationship between Alshakshir and Chiodo. “The agreement [between NOHAP and Chiodo Corporation Operations] variously provided that NOHAP would provide Chiodo Operations with services variously involving the identification and encouragement of ‘potential clients’ (expressly not involving the provision of advice),” ASIC said in its court filing. “NOHAP was to be paid significant fees and commissions as to any resulting person who invested in any financial product promoted, offered or managed by Chiodo Operations or a related entity of Chiodo Operations (including any fund).” An artist’s impression of the Fiji resort being planned by Chiodo Corporation. Credit: Instagram Chiodo, when approached by this masthead for comment, said the payments were entirely above board and common in the industry. “Every fund undertakes marketing including the industry super funds via media, sporting sponsorships, radio and social media. There is nothing unusual about funds paying for marketing to gain more investors. The benefits to members are obvious as validated by large funds also using these forms of marketing strategies,” he said. Chiodo said that successful marketing resulted in leads for the business, and called it “marketing 101”. “The leads came from marketing consultants, which was approved expenditure by Keystone. Chiodo Corporation acted on instructions by Keystone to enter into contracts and to make marketing payments under the direction of Keystone,” he said. “Keystone engaged specialised marketing consultants under a fee-for-service arrangement that exists in this marketplace [which] provides these services a wide range of fund managers including the large industry funds.” Chiodo added that Alshakshir’s business was used by other leading fund managers for marketing to generate leads on prospective clients, and that doing so was common in the industry. Keystone’s other marketing activities also included paying $700,000 in corporate event appearance fees to big-name NBA players Allen Iverson and Josh Giddey, and boxers Tyson Fury and Floyd Mayweather Jr. Rashid Alshakshir’s Bespoke Marketing business in Sydney Road, Coburg. Credit: Luis Enrique Ascui It’s not clear if Alshakshir was involved in those corporate events. But he does have a strong marketing background and an interest in marketing for financial services, which appears to have blossomed in the past two years. This includes three websites focused on helping Australians better plan for their retirement, according to company documents and searches of website ownership databases. Two of the websites – Superfinder.au an Australianlostsuper.com.au – help Australians find and consolidate their lost superannuation. Another, mysmsfaustralia.com.au, educates people about the benefits of self-managed superannuation. The websites, which listed a business email address associated with Alshakshir, were all closed on December 18, following an inquiry from this masthead to Alshakshir to that email address the previous day. Alshakshir did not respond to the inquiry. There is no suggestion the sites were tied to Chiodo’s business or were conducting any work that was not in line with the law, just that they show Alshakshir’s burgeoning interest in marketing services that help Australians save for their retirement. Before being shuttered, all the sites made it clear there is no provision of financial advice, which requires a licence. Instead, the two lost super sites offered a call line and the self-managed superannuation business said it was only “Connecting you with licensed financial planners and advisers for super and other personal investment advice”. The Australian Lost Super website before it was closed following an inquiry from his masthead on December 17. The website closure isn’t the only part of Alshakshir’s business that is in wind-down mode. In November, he and his business partners hung up closed signs at the Tickled Pink cafe outlets in Thornbury, Elwood and Richmond. The cafe in Canngu is also in hiatus, according to a post on its Instagram page which reads: “We are temporarily closed. And working on something exciting. Stay tuned.” Asked about the Tickled Pink business, including the closure of the Melbourne venues, Chiodo said: “Tickled Pink had three thriving businesses in Melbourne and their international strategy in Bali made for it to be a good investment. Tickled Pink upon completing the Bali restaurant fitout delivered a $15 million valuation. “I understand that that Bali business is still thriving, and they are about to complete the fitout of their second restaurant in Bali, which will only improve the valuation.” Hopefully for investors, that valuation uplift proves true. Start the day with a summary of the day’s most important and interesting stories, analysis and insights. Sign up for our Morning Edition newsletter .Azealia Banks issues cease & desist letter against The 1975’s Matty Healy and demands $1million in damages after “threats of violence”
Stocks are one of the top investments for building lasting wealth. By investing in companies that can grow profitably at a large scale, investors can generate significant returns over time. Thus, when investing for tomorrow, investors should consider top with multiple growth catalysts and the ability to deliver above-average returns. With this backdrop, investors should consider three TSX stocks to build significant wealth over the long run. ( ) is a solid long-term stock to create lasting wealth. The company offers value, income, and growth. Notably, shares of this subprime lender have risen about 897.5% over the past decade, reflecting a CAGR of 25.8%, and have outperformed the broader markets. The stellar growth in its stock is driven by its robust financials and commitment to returning value to investors through higher dividend payments. Notably, goeasy’s earnings per share (EPS) have grown at a five-year CAGR of 28.7%, while its revenue rose by 20.1% over the five years. Besides solid financials, goeasy has steadily increased its dividend over the past 10 consecutive years. goeasy looks well-positioned to deliver solid growth in the coming years. It will likely benefit from its leadership in Canada’s subprime lending space and growing loan demand. The company forecasts its consumer loan portfolio to exceed $6 billion by the end of 2026, which will drive its top line at a healthy pace. Further, its diversified funding sources, solid credit underwriting practices, and efforts to expand its product offerings and geographic reach will accelerate its growth. Moreover, goeasy’s strong balance sheet and improved operating leverage position it well to capitalize on growth opportunities. While goeasy is likely to deliver double-digit earnings growth, its stock has a forward price-to-earnings ratio of just nine, which makes it attractive on the valuation front. ( ) is another top TSX stock that could help create significant wealth over time. Shares of the business jet manufacturer have risen over 106% over the past year. However, it still has ample upside potential, as the company is poised to capitalize on the growing demand for its products and services. Further, the Canadian aviation company will likely benefit from its extensive aftermarket and support facilities network. Bombardier’s top line will be driven by increased aircraft deliveries led by its new lineup of medium and large business jets. Moreover, its focus on innovation and diversification across defence, services, and the pre-owned aircraft market will likely add new revenue streams, thus improving profitability over time. Furthermore, Bombardier emphasizes strengthening its balance sheet by improving liquidity and lowering its debt load. This optimization will likely provide financial flexibility, positioning it well to invest in new opportunities and accelerate growth. ( ) is another attractive stock worth buying now for tomorrow. This leading industrial manufacturer has consistently delivered solid financials, leading to a rally in its stock price. TerraVest’s top line has risen about 35% in the first nine months of 2024, benefiting from acquisitions and higher demand in the service segment. Thanks to its stellar sales growth, TerraVest stock has jumped about 164% this year and gained an enormous 927% in the past five years. Despite the rally, it has more room for growth, given the solid demand for its services. TerraVest’s focus on international markets, expansion of its product offerings, and improved manufacturing efficiency will likely support its top and bottom lines. Moreover, its focus on acquisitions will further accelerate TerraVest’s growth, boosting its share price. TerraVest also has a solid balance sheet with ample liquidity, which could allow it to continue capitalizing on growth opportunities and enhancing shareholder value through dividend payments.Iowa offense ready to excel against New Hampshire
Jennings 2-3 5-6 11, Ousmane 3-8 5-8 11, Brantley 2-5 5-6 9, Davis 0-0 0-0 0, Thompson 1-9 5-7 7, Avery 5-11 3-4 15, Dean 5-8 2-2 13, Newman 1-3 2-2 4, Keller 1-2 2-4 5, Suemnick 1-1 1-2 3. Totals 21-50 30-41 78. T.Coleman 2-9 2-2 6, Davidson 9-16 4-7 23, Love 5-5 1-2 11, DuSell 3-5 0-0 8, Sanders 7-10 10-13 27, Rolison 1-3 0-0 3, Hymes 2-3 0-0 4, McBride 2-3 0-1 4, Bailey 2-2 0-0 4. Totals 33-56 17-25 90. Halftime_Nevada 40-33. 3-Point Goals_Oklahoma St. 6-21 (Jennings 2-3, Avery 2-8, Dean 1-2, Keller 1-2, Newman 0-2, Thompson 0-4), Nevada 7-18 (Sanders 3-5, DuSell 2-4, Rolison 1-2, Davidson 1-4, T.Coleman 0-3). Fouled Out_Davis, Rolison. Rebounds_Oklahoma St. 27 (Ousmane 6), Nevada 31 (T.Coleman, McBride 6). Assists_Oklahoma St. 8 (Brantley 3), Nevada 14 (T.Coleman 8). Total Fouls_Oklahoma St. 23, Nevada 26.Jordan Roberts scores 19 to lead Texas A&M-Corpus Christi over Schreiner 103-44
Christine Healy’s Start Date as President and CEO of Northland Power Updated to January 20, 2025