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Every officer must understand Constitution in order to implement its objectives: Karnataka CM
Every officer must understand Constitution in order to implement its objectives: Karnataka CM

The Hindu

time3 days ago

  • Politics
  • The Hindu

Every officer must understand Constitution in order to implement its objectives: Karnataka CM

Karnataka Chief Minister Siddaramaiah on Friday emphasised that every officer must understand the Constitution, failing which it would be impossible to implement its objectives. Inaugurating a training programme for KAS taluk nodal officers at the Administrative Training Institute (ATI) here, he said that liberty, equality, and fraternity are the ideals of the Constitution. 'Even after 75 years of its implementation and 78 years since independence, its objectives remain unfulfilled. Equal opportunities are still a dream. Equality and fraternity have not been fully realised. We must ask ourselves why it is so and look for solutions,' he said. Recalling B.R. Ambedkar's historic speech on November 25, 1949, – the first day of the Constitution's adoption, he pointed out that Ambedkar had warned, 'We are entering a society with inequalities and contradictions. If we do not remove these inequalities, the oppressed people will destroy the edifice of democracy.' 'This is a warning for every officer. It is everyone's responsibility to protect democracy. Ambedkar cautioned what will happen if we fail in our responsiblity,' he noted. Mr. Siddaramaiah said the country has many castes and religions. 'Buddha, Basavanna, and Ambedkar — all worked for establishing a casteless society, yet caste has not disappeared. That is why Lohia said ours is a motionless society. Society becomes dynamic only when everyone achieves social and economic power.' The Chief Minister asked, 'There is a belief that KAS officers are intellectuals. But how many of you have critical thinking? How many of you have developed scientific temper? You need to introspect pragmatically.' 'Even educated people believe in fate and the theory of karma. Does God creates such inequalities?,' he questioned. He observed that unlike politicians who seek mandate every five years, officers do not face such a situation, and therefore they have a greater responsibility to implement people-centric programmes of the government. 'A society with greater purchasing power grows economically,' the Chief Minister opined, adding that the government's guarantee schemes have improved the financial strength and purchasing capacity of the people. 'Our society has many talented individuals who lack opportunities. When opportunities are provided to them, there is no scope for exploitation,' Mr. Siddaramaiah observed. He concluded his speech stating that inequality will persist as long as communal riots, fake news, caste oppression, and religious oppression continue. Minister in charge of Mysuru district H.C. Mahadevappa, Chief Secretary Shalini Rajneesh, in charge Secretary D. Ranadeep, president of KAS Officers' Association Shivaswamy, and others were present.

GATX Corporation Adds Robert S. Wetherbee to Board of Directors
GATX Corporation Adds Robert S. Wetherbee to Board of Directors

Yahoo

time14-07-2025

  • Business
  • Yahoo

GATX Corporation Adds Robert S. Wetherbee to Board of Directors

CHICAGO, July 14, 2025--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today announced the election of Robert "Bob" S. Wetherbee to its board of directors. Mr. Wetherbee will also serve as a member of the board's Audit and Compensation Committees. With the appointment of Mr. Wetherbee, the GATX board will now consist of nine members, including eight independent directors. "We are pleased to welcome Bob to GATX's board of directors," said Robert C. Lyons, president and chief executive officer of GATX. "Bob is a proven leader in the specialty materials and metals industries with experience serving a variety of end markets, including a wide range of industrial and commercial aerospace sectors. His insights will be an asset to GATX as we continue executing our growth strategies across our railcar, aircraft spare engine, and tank container leasing businesses globally." "Bob is an excellent addition to our group of independent directors," said James B. Ream, chair of the board of directors. "With a professional career of over 40 years, combined with his extensive knowledge in the specialty materials and metals sectors, Bob will provide valuable perspectives to GATX." Mr. Wetherbee, 65, is executive chairman of ATI Inc., (NYSE: ATI), a producer of high-performance materials and solutions for the global aerospace and defense markets and critical applications in electronics, medical and specialty energy. He became president and chief executive officer of ATI in January 2019 and was named board chair in May 2021. He's held his current position since July 2024. Mr. Wetherbee joined ATI in 2010 and served as president of its Tungsten Materials and Flat Rolled Products businesses. Mr. Wetherbee served in a variety of key leadership roles over 29 years at Alcoa Inc. as well as at Minerals Technologies, Inc. and an industry-led e-commerce marketplace. Mr. Wetherbee currently serves on the board of directors of Commercial Metals Company, a global manufacturer, recycler and marketer of steel and metal products, related materials and services, and he has served as board chair since September 2024. Mr. Wetherbee holds a Bachelor of Science degree in industrial administration with an emphasis in accounting from Iowa State University. COMPANY DESCRIPTION At GATX Corporation (NYSE: GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwide. Our mission is to provide innovative, unparalleled service that enables our customers to transport what matters safely and sustainably while championing the well-being of our employees and communities. Headquartered in Chicago, Illinois since its founding in 1898, GATX has paid a quarterly dividend, uninterrupted, since 1919. AVAILABILITY OF INFORMATION ON GATX'S WEBSITE Investors and others should note that GATX routinely announces material information to investors and the marketplace using SEC filings, press releases, public conference calls, webcasts and the GATX Investor Relations website. While not all of the information that the Company posts to the GATX Investor Relations website is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media and others interested in GATX to review the information that it shares on under the "Investors" tab. View source version on Contacts FOR FURTHER INFORMATION CONTACT: GATX CorporationShari HellermanSenior DirectorInvestor Relations and Corporate Sign in to access your portfolio

GATX Corporation Adds Robert S. Wetherbee to Board of Directors
GATX Corporation Adds Robert S. Wetherbee to Board of Directors

Business Wire

time14-07-2025

  • Business
  • Business Wire

GATX Corporation Adds Robert S. Wetherbee to Board of Directors

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today announced the election of Robert 'Bob' S. Wetherbee to its board of directors. Mr. Wetherbee will also serve as a member of the board's Audit and Compensation Committees. With the appointment of Mr. Wetherbee, the GATX board will now consist of nine members, including eight independent directors. 'We are pleased to welcome Bob to GATX's board of directors,' said Robert C. Lyons, president and chief executive officer of GATX. 'Bob is a proven leader in the specialty materials and metals industries with experience serving a variety of end markets, including a wide range of industrial and commercial aerospace sectors. His insights will be an asset to GATX as we continue executing our growth strategies across our railcar, aircraft spare engine, and tank container leasing businesses globally.' 'Bob is an excellent addition to our group of independent directors,' said James B. Ream, chair of the board of directors. 'With a professional career of over 40 years, combined with his extensive knowledge in the specialty materials and metals sectors, Bob will provide valuable perspectives to GATX.' Mr. Wetherbee, 65, is executive chairman of ATI Inc., (NYSE: ATI), a producer of high-performance materials and solutions for the global aerospace and defense markets and critical applications in electronics, medical and specialty energy. He became president and chief executive officer of ATI in January 2019 and was named board chair in May 2021. He's held his current position since July 2024. Mr. Wetherbee joined ATI in 2010 and served as president of its Tungsten Materials and Flat Rolled Products businesses. Mr. Wetherbee served in a variety of key leadership roles over 29 years at Alcoa Inc. as well as at Minerals Technologies, Inc. and an industry-led e-commerce marketplace. Mr. Wetherbee currently serves on the board of directors of Commercial Metals Company, a global manufacturer, recycler and marketer of steel and metal products, related materials and services, and he has served as board chair since September 2024. Mr. Wetherbee holds a Bachelor of Science degree in industrial administration with an emphasis in accounting from Iowa State University. COMPANY DESCRIPTION At GATX Corporation (NYSE: GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwide. Our mission is to provide innovative, unparalleled service that enables our customers to transport what matters safely and sustainably while championing the well-being of our employees and communities. Headquartered in Chicago, Illinois since its founding in 1898, GATX has paid a quarterly dividend, uninterrupted, since 1919. Investors and others should note that GATX routinely announces material information to investors and the marketplace using SEC filings, press releases, public conference calls, webcasts and the GATX Investor Relations website. While not all of the information that the Company posts to the GATX Investor Relations website is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media and others interested in GATX to review the information that it shares on under the 'Investors' tab.

Allegheny Technologies (ATI) Rises As Market Takes a Dip: Key Facts
Allegheny Technologies (ATI) Rises As Market Takes a Dip: Key Facts

Yahoo

time12-07-2025

  • Business
  • Yahoo

Allegheny Technologies (ATI) Rises As Market Takes a Dip: Key Facts

Allegheny Technologies (ATI) closed the most recent trading day at $89.31, moving +1.43% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 0.33% for the day. Meanwhile, the Dow experienced a drop of 0.63%, and the technology-dominated Nasdaq saw a decrease of 0.22%. The maker of steel and specialty metals's shares have seen an increase of 4.66% over the last month, surpassing the Basic Materials sector's gain of 1.87% and the S&P 500's gain of 4.07%. Investors will be eagerly watching for the performance of Allegheny Technologies in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 31, 2025. The company is expected to report EPS of $0.71, up 18.33% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.14 billion, up 3.68% from the prior-year quarter. For the full year, the Zacks Consensus Estimates project earnings of $3.02 per share and a revenue of $4.63 billion, demonstrating changes of +22.76% and +6.08%, respectively, from the preceding year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Allegheny Technologies. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.35% higher. At present, Allegheny Technologies boasts a Zacks Rank of #2 (Buy). In terms of valuation, Allegheny Technologies is currently trading at a Forward P/E ratio of 29.19. This valuation marks a premium compared to its industry average Forward P/E of 20.17. Investors should also note that ATI has a PEG ratio of 1.18 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Steel - Speciality industry stood at 1.18 at the close of the market yesterday. The Steel - Speciality industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 28, which puts it in the top 12% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ATI Inc. (ATI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

ATI assigns Sameh Mahran to deliver message of Arab Theatre Day
ATI assigns Sameh Mahran to deliver message of Arab Theatre Day

Sharjah 24

time30-06-2025

  • Entertainment
  • Sharjah 24

ATI assigns Sameh Mahran to deliver message of Arab Theatre Day

This choice comes in recognition of his distinguished stature within the Arab theatre scene, his role as a leading intellectual reference, and his active contribution to shaping the theatrical landscape in Egypt and the Arab world. A Pivotal Figure in Egyptian, Arab, and International Theatre Dr Sameh Mahran, born in Cairo in 1954, earned his PhD in 1989 with a thesis titled "The Concept of War in Arab Theatre." As a professor of drama and theatre studies, he has played a pivotal role in the theatrical arenas of Egypt, the Arab region, and beyond, through his scholarly output and the leadership positions he has held. He has presided over multiple editions of the Cairo International Festival for Experimental Theatre, served as Head of the Educational Media Department at the Faculty of Specific Education – Cairo University, and acted as advisor for the university president on arts. He also headed Al Ghad Theatre and the National Centre for Theatre, Music, and Folk Arts, presided over the Academy of Arts in Cairo, and chaired the Theatre Committee of the Supreme Council of Culture. Mahran is the author of numerous plays, studies, and influential books, and has translated many key academic sources. A Constellation of Influential Theatre Makers With this message, which he will deliver at the opening of the 16th Arab Theatre Festival—organised by the ATI in collaboration with Egypt's Ministry of Culture from January 10 to 16, 2026—Sameh Mahran joins a constellation of influential theatre makers who have penned these messages from 2008 through 2025. These figures have crafted pages lit by the light of knowledge and the fire of experience, envisioning the future with an awareness rooted in the present and its pressing questions. Ismail Abdullah: Mahran Is a Valuable Intellectual and Creative Addition Secretary-General of the Arab Theatre Institute, Ismail Abdullah, expressed his pride in Dr Sameh Mahran and the profound intellectual and creative presence he represents. Mahran, he said, is a creative academic whose contributions span multiple dimensions of the theatrical process and whose influence reaches across all Arab theatre landscapes. Abdullah considered Mahran's addition to the group of message-bearers a valuable intellectual and creative contribution to the legacy of visionaries who have shaped deep perspectives—starting with Yacoub Al Shadrawi in 2008 and including other significant names that have given Arab Theatre Day profound meaning within our theatrical lives. Mahran: A Deep Personal Drive to Continue in Theatre For his part, Dr Mahran expressed his sincere gratitude to the ATI, its Secretary-General the esteemed writer Ismail Abdullah, and the Board of Trustees for choosing him to carry the message of Arab Theatre in the 16th edition of the Arab Theatre Festival in Cairo. He added that this honour is a responsibility—and that the selection serves as a powerful and deeply personal motivation to continue in the field of theatre, which he loves and is passionate about.

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