Police seek your assistance to locate Dekendro Cox

first_img Related Items:#magneticmedianews Facebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, March 7, 2017 – North Caicos – 26 year-old Dekendro Cox of North Caicos was arrested and charged by officers for Malicious Injuries to Property and Burglary in connection with a report that was made on Monday 5th January 2015.On Sunday 4th January 2015 around 10pm, the owners of Blitz Bar and grill located on King Road North Caicos, secured the building by locking all windows and doors. The following day they discovered the place ransacked and a number of items missing.  The scene was visited by officers and as a result, an investigation was launched.  Dekendro Cox was later arrested and charged for the offences mentioned.Last year Mr. Cox went to trial and was found guilty in the Magistrate’s Court. He was given bail to return to court on Wednesday 8th February 2017 for sentencing. He did not appear to court on that date, as a result a Bench and Commitment warrant has been issued against him.If you have any information regarding his whereabouts, contact the police at Chalk Sound Police at 3385901/941-8067 or contact The information you provide will be treated in the strictest of confidence. We remind you not to report crime information via our Facebook and Twitter page.Press Release: RTCIPF#MagneticMediaNews The Luxury of Grace Bay in Down Town Provo Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsApp Electricity Cost of Service Study among the big agenda items at September 11 Cabinet meeting ALERT # 2 ON POTENTIAL TROPICAL CYCLONE NINE ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY THURSDAY 12TH SEPTEMBER, 2019 AT 9 PM EDTlast_img read more

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Smartwatches wireless headphones will lead to doubledigit wearables growth says IDC

first_img reading • Smartwatches, wireless headphones will lead to double-digit wearables growth, says IDC 0 Apple Apple Angela Lang/CNET Bright days are ahead for wearables. The worldwide wearables market will grow 15.3 percent by the end of this year, according to a Monday forecast from market researcher IDC. Shipments of wearables will reach 198.5 million units by the end of 2019, and 279 million units by the end of 2023, the firm predicts.Much of that growth will be driven by the rapid increase of watches, ear-worn devices and wrist bands, IDC says. Greater adoption in health care will also contribute to growth. “Wearables stand to play an important role in digital health, constantly collecting important patient data while also giving patients the ability to self-monitor,” IDC research director Ramon Llamas said in a press release.Watches made up just over 44 percent of the wearables market in 2018, and they’ll account for a larger share in the years to come, IDC says, reaching 47.1 percent in 2023. Apple will lead the charge, the market researcher predicts, and WatchOS will make up 27.5 percent of all watches in 2023. Hybrid watches and kids’ watches will also see growth, though it won’t be as extreme.Hearables, or ear-worn devices, will account for 31 percent of the wearables market in 2023. The inclusion of smart assistants will give them a boost, IDC says.”The rise of smart assistants on wearables, both wrist-worn and ear-worn, is a trend worth watching,” said IDC research manager Jitesh Ubrani in the release. “Though still in its infancy, the integration of these assistants with wearables opens up new use cases, from allowing these devices to tie into the smart home to making the devices more proactive at urging users to live healthier or more productive lives.”Wristbands will have a compound annual growth rate (CAGR) of 0.7 percent, but growth in relation to dollar value will drop with a -4.1 percent CAGR as average prices go from $51 in 2019 to $42 in 2023, IDC says. The market will continue to be dominated by brands like Huawei and Xiaomi.Connected clothing, a segment of the market that’s mostly been popular in China but is gaining ground elsewhere, will make up 3.1 percent of the wearables market in 2023, according to IDC. It’ll mostly consist of step-counting shoes and devices with similar capabilities. Wearables, which were once the subject of gloomy forecasts, have since seen more positive outlooks. In September, IDC predicted smartwatches would make up nearly half of the wearables market by 2022. See All Wearable Tech • Aug 31 • Your phone screen is gross. Here’s how to clean it Sep 1 • iPhone 11, Apple Watch 5 and more: The final rumors Share your voice Aug 31 • iPhone XR vs. iPhone 8 Plus: Which iPhone should you buy? Post a comment Aug 31 • Best places to sell your used electronics in 2019 Tagslast_img read more

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Chanda Kochhar Money TrailV Videocons Dhoot complicit in Rs 64 cr payout

first_imgFinance Minister Arun Jaitley with Chanda Kochhar, managing director and chief executive officer of ICICI Bank at the inauguration of 100 Digital Villages in New Delhi on May 2, 2017.IANS [Representational Image]Twice over the course of the ongoing all-encompassing multi-disciplinary Chanda Kochhar-Videocon Industries probe has chairman Venugopal Dhoot accepted complicity in the dirty deal.Dhoot reported to the CBI vide letter dated 25.4.2018 that “With reference to the captioned preliminary enquiry, I hereby submit that in my capacity as CMD of Videocon Industries, I have been entrusted with substantial powers of management inter alia including the authority to make investments/extend loans, advances etc, accordingly, Rs 64 crore given by the company to Supreme Energy Pvt Ltd is within the powers entrusted upon me.”This was disclosed by Dhoot during the inspection of Videocon during his statement under oath and through a letter dated 15/11/2018. On 12.6.2018 a missive sent by VIL to SEBI states: “This was a decision in terms of authority as the matter is very old, we are checking whether there was any contract to this effect. Further, in the next para, it is stated that no approval of audit committee was taken on the date of advance as there was an omission on the part of Venugopal Dhoot to disclose the interest in the entity.”Slam dunk and an airtight case where the investigators have probable cause and clear collusion between Videocon’s Dhoot and Kochhars.The probe agencies have compiled the exact manner of flow of funds and the present status thereof in Videocon Group. Here is the anatomy of the collusive fraud:* Videocon Industries Ltd (VIL) paid Rs 64 crores purportedly as “advance” to Supreme on 8/09/2009. * VIL then assigned this advance/receivable from Supreme to its Group company IRCL on 05/07/2011. * Indian Refrigerator Company Ltd (IRCL) it turns assigned it to another group company, Real Cleantech Pvt Ltd (RCLP) on 05/08/2011. * The Present status of RCPL is “Struck off” in RoC Records as ROC struck this company under Section 248 being defaulting in fining AR and BS after 2014 even though the amount is still payable by Supreme to VIL Group. * In lieu of this Advance, Supreme Energy allotted OCDs worth Rs. 64 Crores to RCPL on 05.10.2011. * RCPL allotted 0% OCDs to IRCL on 31/03/2012. * RCPL and IRCL are both VIL Group Companies and still continue to be same, except the fact that RCLP is now struck off. * In view of RCLP being Struck Off Company, this receivable by RCPL/VIL Group from Supreme (or Kochhar Group of Companies) is highly nonexistent/doubtful. It is clear that Videocon Group had no serious intention to recover the funds.Further, the flow of Rs 64 crore received from VIL by Supreme and further flow in Kochhar group is as under: * Supreme Received Rs 64 crore from VIL on 08/09/2009 shown as unsecured loan as per BS as at 31.03.2010. * On the same day, on 08/09/2009, Supreme transferred this amount to NuPower Renewables purportedly for a subscription for allotment of Zero Coupon Fully Convertible debentures. * NuPower allotted such debentures to Supreme on 25.03.2010. * Such Debentures were converted to Equity on 19.03.2016 at a premium of Rs 1,156.50 per share to Supreme and allotted 548,650 equity shares aggregating to Rs 64 core. The premium was on the basis of a valuation report by PWC which is already under examination by the Income Tax Department (details may be examined during the inspection of NuPower). * NuPower is in the business of Wind Power using such funds coupled with bank loans and from other entities too. The said wind power assets of NuPower were later hived off into three parts by way of Slump Sale to NuPower Wind Farms Limited (Under inspection) and Echanda Urja Private Limited (under inspection) and the third portion remains with NuPower. ICICI CEO Chanda Kochhar at the launch of “Software Robotics” at ICICI Bank Head Quarters in Mumbai, on Sept 8, 2016. (Photo: IANS)IANSHow Companies/corporate structures have changed hands and considerations involved: * Supreme was a company belonging to V.N. Dhoot as all the shares were held by Dhoot and his associates at the time of “advance” of Rs 64 crore of funds by VIL to Supreme. * Dhoot transferred all his equity held in Supreme to Mahesh Punglia (his consultant CA) on 2.11.2010 at par (9990 equity shares of Rs 10 each at par) while Rs 64 crore was still receivable by VIL from Supreme and at present which is still receivable by RCPL (Videocon group Company) * In the meantime, Dhoot floated another company NuPower jointly with a Company, Pacific Capital Services Private Limited (a company owned by the relatives of Deepak Kochhar) as 50:50 venture. * NuPower became subsidiary of Supreme as result of the sale of all 50% of his shares by Dhoot to Supreme at Par (24996 shares of Rs 10 each totalling to Rs 2,49,960) and Pacific sold to Supreme of its 22500 Equity Shares of Rs 10 totalling to Rs 225000 at par). Rest of the shares held by pacific were sold to Deepak Kochhar at par. * Later, on 12.03.2012, NuPower further allotted 1897000 equity shares of Rs 10 each to Deepak Kochhar as managing trustee of Pinnacle Trust and 100000 equity shares of Rs 10 each Sunil Bhuta on the conversion of warrants. Consequently, NuPower ceased to be subsidiary of Supreme and 97.66 % were held by Deepak Kochhar and his associates and only 2.32% with Supreme. * Puglia sold his entire shareholding of 9990 equity of Rs 10 each in Supreme (which he had got at par from Dhoot to Deepak Kochhar in his capacity as the managing Trustee of Pinnacle Energy Trust on 29.09.2012 at par totalling to about Rs 10 lakh. On the same date, the remaining 10 shares held by Vasant Kakade (an associate of Dhoot) were transferred to Prem Rajani (an associate of Kochhar]. At this stage Dhoot, even indirectly, exited from the ownership of Supreme and it became a hundred per cent company of Deepak Kochhar (through his trust) at par face value of Rs 10 per share even though at this stage also a sum of Rs 64 crore was due from Supreme to RCLP (Group company of Videocon). * Thus, Deepak Kochhar owned and controlled both Supreme and NuPower even though at this stage also a sum of Rs 64 crore was due from Supreme to RCLP (Group Company of Videocon now struck off). * Later, sums of about Rs 325 crore have flown in NuPower from Essar Group/Firstland Holding Limited between 2010 to 2012. * NuPower acquired Wind Powers from Shriram Group and also constructed its own wind power business by consolidated funds in its kitty (the sum total of funds from Videocon, Firstland, DH Renewable, bank loans etc). * Later, this company under inspection namely NuPower Wind Farm Limited was incorporated by Deepak Kochhar. * The Wind Power Business of NuPower was sold by slump sale to the company under inspection and another part to NuPower Wind farms and third undertaking remains with NuPower.(To be continued)last_img read more

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Teary relatives complete legal process

first_imgThe first namaz-e-janaza of the deceased 23 Bangladeshis held on the premises of Bangladesh Embassy in Nepal. Photo: UNBThe relatives of the US Bangla plane crash victims on Monday had to do the hardest thing in life, receiving the bodies of their dear ones.They were in tears as they completed the legal procedures in the city’s Army Stadium before taking the bodies to be laid to eternal rest.Sultana Akhter, accompanied by her 10-year-old son Hamim, sister-in-law and other relatives, came there with a photo of her husband Nuruzzaman Babu in hand.A teary Sultana said her husband was a junior assistant foreman of Runner Automobiles Limited, a motorcycle manufacturer in Bangladesh. He along with two of his colleagues was going to their Nepal office to impart training to Nepalese mechanics. All three were killed in the crash.Police assigned 23 of its officers for collecting information of the relatives of the 23 victims.“We are collecting information and signature of those who would take the bodies since compensation and other government grants will be sent to their address,” said Dhaka Metropolitan Police (Gulshan division) additional deputy commissioner Md Abdul Ahad.Sultana providing information about her husband to police. Photo: Prothom AloA total of 26 Bangladeshis, 22 Nepalese and one Chinese were killed as the US-Bangla Airlines aircraft crashed while landing at Tribhuvan International Airport on 12 March.Besides, 10 more Bangladeshis, nine Nepalese and one Maldivian were injured in the disaster.last_img read more

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CRESST team finds new evidence of dark matter

first_img(PhysOrg.com) — In the never ending search for proof that dark matter really exists, new findings have emerged from a team working under a big mountain in Italy. The group, from the Max Planck Institute in Germany, have pre-published a paper on arXiv, and have also given a talk at the Topics in Astroparticle and Underground Physics conference in Munich where they describe how their CRESST II detector has recorded 67 events which they say cannot be explained by anything other than Weakly Interacting Massive Particles (WIMPS), a type of dark matter. Dark matter is of course, at least theoretically, the stuff that holds everything in the universe together. WIMPS are thought to be a kind of dark matter that doesn’t interact much with normal matter such as the stuff that we call the Earth and everything on it. Thus, such WIMPS wouldn’t have any trouble passing through the mountain above the detector, which is comprised of bunches of tungsten held very near absolute zero. The idea being that if a WIMP were to strike the tungsten, a tiny bit of light would be given off that could be observed and recorded. Of course regular old run of the mill cosmic rays can pass through mountains as well and collide with tungsten too. But those kinds of strikes are easily discernable and thus can be discounted; hence the excitement of team and their findings.The team using the CRESST II detector isn’t the only game in town, and the problem is, some of them aren’t able to obtain the same results. Other’s looking to discredit the whole notion of dark matter such as the CoGeNT project going on in Minnesota, wound up finding evidence of the opposite, as did the DAMA/LIBRA team, which has been running experiments for the past 12 years. Unfortunately, other teams such as XENON and CDMS II haven’t been able to find any evidence of dark matter at all.In addition to recording the strikes on their tungsten detector, the team also recorded the amount of energy released when such collisions occur, which can be used to calculate the mass of the particle that did the striking. In this case, the team found that they weighed somewhere between 10 and 20 gigaelectronvolts, which is lighter than researchers have expected. This new bit of evidence helps boost the idea that dark matter really does exist, though it doesn’t go far enough to prove it. As is the usual case, more science will have to be done before anything definitive can be declared. Explore further Minnesota researcher’s findings on dark matter jibe with Italy’s DAMA/LIBRA claims This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. More information: Results from 730 kg days of the CRESST-II Dark Matter Search, by G. Angloher et al., arXiv:1109.0702v1 [astro-ph.CO] arxiv.org/abs/1109.0702AbstractThe CRESST-II cryogenic Dark Matter search, aiming at detection of WIMPs via elastic scattering off nuclei in CaWO$_4$ crystals, completed 730 kg days of data taking in 2011. We present the data collected with eight detector modules, each with a two-channel readout; one for a phonon signal and the other for coincidently produced scintillation light. The former provides a precise measure of the energy deposited by an interaction, and the ratio of scintillation light to deposited energy can be used to discriminate different types of interacting particles and thus to distinguish possible signal events from the dominant backgrounds. Sixty-seven events are found in the acceptance region where a WIMP signal in the form of low energy nuclear recoils would be expected. We estimate background contributions to this observation from four sources: 1) “leakage” from the e/gamma-band 2) “leakage” from the alpha-particle band 3) neutrons and 4) Pb-206 recoils from Po-210 decay. Using a maximum likelihood analysis, we find, at a high statistical significance, that these sources alone are not sufficient to explain the data. The addition of a signal due to scattering of relatively light WIMPs could account for this discrepancy, and we determine the associated WIMP parameters.CRESST website: www.cresst.de/cresst.php One of the CRESST detector modules. When illuminated with ultraviolet light, the scintillating inner shield glows brightly. Image: CRESST Citation: CRESST team finds new ‘evidence’ of dark matter (2011, September 8) retrieved 18 August 2019 from https://phys.org/news/2011-09-cresst-team-evidence-dark.html © 2011 PhysOrg.comlast_img read more

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