The National Company Law Tribunal (NCLT) has approved the demerger scheme of Raymond Ltd , paving the way for the reorganisation of its real estate business into a separate entity, Raymond Realty. The move is aimed at unlocking the growth potential of the group's real estate vertical and attract strategic investors. Raymond Ltd, the demerged company, will transfer its real estate assets and operations to Raymond Realty Limited, the resulting company, effective from April 1, 2025. As part of the scheme of this demerger exercise, existing Raymond shareholders will be receiving one equity share of Raymond Realty for every share held in Raymond Ltd. Post-demerger, Raymond Realty's equity shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), providing shareholders with investment flexibility in two distinct entities. The tribunal’s Mumbai bench delivered its order on Thursday, endorsing the proposal under Sections 230 and 232 of the Companies Act, 2013. 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The scheme has received the required approvals from regulatory bodies, including observation letters from the BSE and NSE, which raised no adverse objections. The tribunal has directed the company to convene meetings of Raymond Ltd’s over 1.72 lakh equity shareholders and 534 unsecured creditors within 60 days via video conferencing and e-voting, ensuring participation from stakeholders nationwide. It has also directed the company to send separate notices to the Ministry of Corporate Affairs, Income Tax Authorities, GST Departments, SEBI, and RERA. The tribunal has allowed these authorities 30 days from the date of receipt of these notices to submit objections, if any, failing which it will presume no opposition to the scheme. The scheme requires the companies to submit details of contingent liabilities, pending litigation, and other financial disclosures. An affidavit confirming compliance with the tribunal’s directions must also be filed within ten working days after issuing notices to stakeholders and authorities. In June, the National Company Law Tribunal (NCLT) approved Raymond Ltd's comprehensive restructuring plan, which includes the demerger of its lifestyle business and the amalgamation of Ray Global Consumer Trading into Raymond Lifestyle. This restructuring aims to create a more focused and streamlined corporate structure, unlocking the potential value of Raymond’s distinct business verticals. Raymond Ltd, known for its operations in textiles, branded apparel, and real estate development, is set to achieve zero net debt for both lifestyle and non-lifestyle businesses post-restructuring. This strategic move is anticipated to simplify operations, enhance management efficiency, and provide a clear strategic direction for each business unit. Nominations for ET MSME Awards are now open. The last day to apply is December 15, 2024. 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Oyo State Judiciary in collaboration with the Public Private Development Centre have harped on an effective case management system that will foster better coordination and efficiency among the State Judiciary, Law Enforcement Agencies, and other Justice. The State Chief Judge, Justice Iyabo Yerima in her address at the inauguration of Oyo State Project Advisory Committee for Court Administration and Case Management Project at the Conference room of the State High Court, Ringroad Ibadan stressed the need for collaboration among the various arms of government for prompt and effective justice delivery in the state. She added that the project is a collective resolve of the affected arms of government to create a justice system that serves the society efficiently and effectively. According to her, “Justice is more than a principle; it is the foundation and lifeblood of a society that aspires fairness, equity, and progress in a society.” The newly inaugurated committee, according to her would address the capacity and infrastructure deficit the criminal justice institutions by providing modern tools, technology, and training to improve their operations. She added, “It will interest you to know that this initiative include Judges, Court Registrars, Secretaries, Investigators, Prosecutors, Private Lawyers, Correctional Institutions, the Police force and the Legal Aid Council of Nigeria, among others. “It will also deploy improved case management systems designed to foster better coordination and efficiency among the State Judiciary, Law Enforcement Agencies, and other Justice- Related Institutions. “The International Narcotics and Law Enforcement programme are committed to advancing justice delivery which aligns with our shared objectives of a robust criminal justice system” “The inauguration is not merely about the launch of a project, but a reinforcement of our pledge to uphold the rule of law. “As we embark on this journey, we must remember that the strength of any justice system lies not only in its structures and processes but also in the dedication and integrity of the individuals, that is, judicial officers, law enforcement agencies, and the private sector who serve therein. “I urge all stakeholders to embrace this initiative with a spirit of collaboration and commitment, working together to ensure its objectives are achieved.” Giving a brief of the Project, Lukman Adefolahan stated that there are four components of the project which includes, evidence management, digitalization of Court system, notification and rescheduling of court process and coordination with other Justice sectors. He said, “The first component of the project, is evidence management by arranging number of case files and put them in modern filling facility. “After that we are going to work closely with Litigation Department to set up what will call a platform that is e-format whereby as cases are coming you will be able to directly plug in into that portal, and my Lord, anywhere in the world, “Another component of the project is to dwell on digitalization of our Court system whereby we are going to install what we call Speech to Text facility. “We want our Judges to stop writing. When we went to Nasarawa State, a Judge told us that are you sure this thing is going to work? “We said My Lord is going to work. The day we installed it, for my Lord in Nasarawa State, and also at the Court 2, of Nasarawa State, and we demonstrated it, my Lord Justice Aboki was surprised that during his time, he is going to witness this, that he saw last in UAE. “The third component is going to do with notification and scheduling. We don’t want a situation whereby member of NBA will come to Court and say my Lord is not sitting. “If a Court will not sit, they are going to link it at a process unit whereby they will notify parties that Court will not sit today, and that will help the Correction not to waste their resources that are not enough to bring somebody from Saki to Ibadan, for example, and they will say sorry, Court is not sitting, we are going to work around that. “The fourth component is around coordination with other justice sector. We are going to set up virtual Court system at Correctional facilities, whereby my Lord can sit in her Court and link up at the cases at the Correctional facilities.” NIGERIAN TRIBUNEAn Interview with Chris Bressi of Downingtown, PA: Transforming Education Through Interactive Learning and Technology
Share Tweet Share Share Email Cryptocurrency markets have always been dynamic, but 2024 has been especially exhilarating. While giants like Bitcoin and Ethereum grab headlines for breaking records, altcoins have carved out their own space as powerhouses of innovation. Among the notable names, Qubetics , Cardano, and Avalanche stand out as leaders driving blockchain evolution and offering tantalising investment opportunities. Qubetics, the fresh face in this trio, has been turning heads with its booming presale and revolutionary blockchain solutions. Meanwhile, veterans Cardano and Avalanche continue to solidify their reputations as reliable choices for investors seeking long-term growth. Let’s dive into what makes these projects remarkable, explore their innovations, and uncover why Qubetics might be the investment opportunity you’ve been waiting for. Qubetics: Revolutionising Blockchain and Real-World Applications Qubetics is not just another blockchain project; it’s a force designed to disrupt the status quo. Combining artificial intelligence with blockchain, Qubetics offers a range of tools aimed at simplifying blockchain adoption , creating real-world use cases, and making the technology more accessible to individuals and businesses alike. Real-World Asset Tokenisation: A Game-Changer One of Qubetics’ flagship features is its approach to real-world asset tokenisation. Imagine this: you want to invest in a luxury Miami beachfront property, but instead of purchasing the whole asset, you can own a fraction of it through tokens. This process, enabled by blockchain, allows for fractional ownership, making high-value assets accessible to everyday investors. The applications don’t stop at real estate. Businesses can tokenise inventory, intellectual property, or even future revenue streams to unlock liquidity. For example, a coffee producer in Colombia could tokenise its harvest, selling fractions of its future yield to investors worldwide. This not only ensures early cash flow but also opens up new investment avenues for individuals who may never have considered agricultural assets before. Qubetics ($TICS) takes this concept a step further by integrating AI into its platform, enabling smart decision-making for asset tokenisation, fraud prevention, and optimised liquidity solutions. This innovation positions Qubetics as a trailblazer in merging blockchain with real-world problem-solving. Milestones: Presale Success and Analyst Predictions Qubetics’ presale has become the buzz of the crypto world, and for good reason. Now in its 13th stage, the project has already sold over 367 million $TICS tokens to more than 11,300 holders, raising an impressive $7.5 million. At the current price of $0.0342 per token, investors are flocking to secure their stake before the price jumps by 10% in the next stage. Analysts are electrified by the potential of $TICS, with bold predictions setting its value at $0.25 by the end of the presale, delivering a 630% ROI, $1 shortly after for a 2,820% ROI, and an astonishing $15 following the mainnet launch—a life-changing 43,711% ROI. For instance, a $10,000 investment at today’s price could grow to $73,098 at $0.25, balloon to $292,682 at $1, and potentially skyrocket to a staggering $4,390,243 at $15. With such extraordinary upside, the buzz around Qubetics is undeniable. Time is running out before the next price hike, making now the moment to act on this incredible opportunity. Cardano: The Blockchain Built for Sustainability Cardano has been a trusted name in the crypto world since its launch in 2017. Its claim to fame? A strong focus on sustainability and a research-driven approach to blockchain development. Instead of rushing features to market, Cardano employs a peer-reviewed process to ensure its technology is robust and reliable. One of Cardano’s most significant advancements is the Hydra upgrade, which aims to enhance scalability by enabling thousands of transactions per second. This is a major win for decentralised applications (dApps) and decentralised finance (DeFi) platforms that require efficient processing at low costs. The platform’s staking ecosystem is another highlight, allowing users to earn rewards while contributing to network security. This makes Cardano a favourite for investors seeking a blend of long-term growth and steady income. Avalanche: High Performance Meets Scalability Avalanche is all about speed. Launched in 2020, this blockchain has set benchmarks for transaction finality and scalability, making it a go-to choice for developers building decentralised applications. Avalanche recently rolled out its Avalanche9000 upgrade, which introduced cost-saving measures and made its subnet technology more accessible. Subnets allow developers to create customisable blockchains tailored to their needs, a feature that has made Avalanche a favourite among enterprises and DeFi projects. Avalanche is powering numerous projects in the DeFi and NFT spaces. For example, BENQI, a lending protocol, leverages Avalanche’s speed and low costs to provide seamless DeFi services. Similarly, NFT marketplaces like Kalao have found a home on Avalanche, benefiting from its efficient infrastructure. With its proven capabilities and innovative upgrades, Avalanche remains a top choice for those looking to invest in the future of blockchain. Analysts expect AVAX to revisit its all-time highs as it continues to evolve. Conclusion: Why Qubetics Stands Out Cardano and Avalanche are undisputed leaders in the blockchain space, offering proven solutions and long-term growth potential. Their track records make them reliable investments for those looking to diversify their portfolios. However, Qubetics’ token offers something uniquely compelling. With its booming presale, cutting-edge innovations like real-world asset tokenisation, and mind-blowing ROI predictions, it’s an opportunity that’s hard to ignore. Don’t wait—act now. Head to Qubetics’ presale page and grab your $TICS tokens before the price jumps. This is your chance to invest in a project that could redefine the blockchain landscape. For More Information: Qubetics: https://qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://twitter.com/qubetics Related Items: Blockchain , Qubetic Share Tweet Share Share Email Recommended for you Best New Meme Coins to Invest in for Long Term Profits: BTFD Presale Turns Dips into Huge Gains as DOGS and Just a CHILL GUY Thrive Why Crypto Enthusiasts Are Scrambling to Grab These Top Five Digital Gems: Discover the Best Coins to Join This Month and Secure Your Slice of the Blockchain Revolution Before It’s Too Late! Best Cryptos to Join in December 2024: Why Qubetics, Ethereum, and Monero Are Essential for Building a Winning Portfolio Comments
ROUNDUP: Lady Wolves too much for Tennessee HighLANDOVER, Md. (AP) — Jimmy Carter was honored with a moment of silence before the Atlanta Falcons’ game at the Washington Commanders on Sunday night, hours after the 39th president of the United States died at the age of 100 in Plains, Georgia. Beyond being a Georgia native who led the country from the White House less than 8 miles (12 kilometers) away during his time in office from 1977-81, Carter was the first president to host the NFL's Super Bowl champions there when he welcomed the Pittsburgh Steelers in 1980. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a week
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'ABC7 Presents: Countdown Chicago 2025' longest-running New Year's Eve show in Chicago airs Dec. 31Andrew met the individual through “official channels” with “nothing of a sensitive nature ever discussed”, a statement from his office said. The businessman – known only as H6 – lost an appeal over a decision to bar him from entering the UK on national security grounds. He brought a case to the Special Immigration Appeals Commission (SIAC) after then-home secretary Suella Braverman said he should be excluded from the UK in March 2023. H6 was described as a “close confidante” of The Duke. Judges were told that in a briefing for the home secretary in July 2023, officials claimed H6 had been in a position to generate relationships between prominent UK figures and senior Chinese officials “that could be leveraged for political interference purposes”. They also said that H6 had downplayed his relationship with the Chinese state, which combined with his relationship with Andrew, 64, represented a threat to national security. A statement from Andrew’s office said: “The Duke of York followed advice from His Majesty’s Government and ceased all contact with the individual after concerns were raised. “The Duke met the individual through official channels with nothing of a sensitive nature ever discussed. “He is unable to comment further on matters relating to national security.” At a hearing in July, the specialist tribunal heard that the businessman was told by an adviser to Andrew that he could act on the duke’s behalf when dealing with potential investors in China, and that H6 had been invited to Andrew’s birthday party in 2020. A letter referencing the birthday party from the adviser, Dominic Hampshire, was discovered on H6’s devices when he was stopped at a port in November 2021. In a ruling on Thursday, Mr Justice Bourne, Judge Stephen Smith and Sir Stewart Eldon, dismissed the challenge.