Latest news with #CMA
News18
11 hours ago
- Business
- News18
CMA Result 2025: ICMAI CMA Foundation June 2025 Result Out At icmai.in, Riya Poddar Tops
Last Updated: The CMA Foundation 2025 results were declared today, July 8, with Riya Poddar securing the top rank. Candidates can check their scores at CMA Result 2025 Declared: The Institute of Cost Accountants of India (ICMAI) has announced the CMA Foundation June 2025 results today, July 8. Candidates who appeared for the exam can now check and download their scorecards from the official website at The results have been released along with the merit list under the 2022 syllabus. As per the list, Riya Poddar has secured Rank 1, followed by Akshat Agarwal from Surat in second place. Mohit Das from Visakhapatnam and Bhavya Agarwal from Beawar have jointly secured the third rank. How To Check CMA Foundation Result 2025? Step 1: Visit the official ICMAI website at Step 2: Click on the 'CMA Foundation June 2025 Result' link. Step 3: Enter your identification number. Step 4: Click on 'View Result'. The result will appear on the screen — download and print for future use. The scorecard includes details like the candidate's name, registration and roll number, syllabus attempted, subject-wise marks, total marks, and overall result status. To qualify, candidates must score a minimum of 40% in each paper and an aggregate of 50% overall in the group. The CMA Foundation exam, conducted on December 15, 2024, is the entry-level test for students who have completed Class 12 or equivalent. ICMAI has also announced that the CMA Intermediate and Final June 2025 results will be declared on August 11, 2025. These exams were conducted from June 11 to 18, 2025. About ICMAI CMA: The Institute of Cost Accountants of India (ICMAI) is a premier professional body in India that regulates the profession of Cost and Management Accountancy. It was formerly known as the Institute of Cost and Works Accountants of India (ICWAI). Key Points About ICMAI And CMA: CMA Course Structure: The CMA qualification has three levels: tags : cma ICMAI view comments Location : New Delhi, India, India First Published: News education-career CMA Result 2025: ICMAI CMA Foundation June 2025 Result Out At Riya Poddar Tops Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
San Francisco Chronicle
a day ago
- Entertainment
- San Francisco Chronicle
Ashley McBryde at Uptown Theatre Napa
Grammy, Country Music Award and American Country Music Award winner Ashley McBryde cut her teeth playing country songs in biker bars – and it shows. Her Grammy-winning duet with Carly Pearce, 'Never Wanted To Be That Girl,' went all the way to No. 1 and earned McBryde and Pearce the ACM and CMA award for Musical Event of the Year. McBryde was honored with the 2022 CMA International Artist Achievement Award for the most significant creative growth, development and promotion of the country music industry outside of the United States.
Yahoo
2 days ago
- Business
- Yahoo
UK regulators approve $7.8bn SLB-ChampionX merger
UK regulators have granted the final regulatory approval for the $7.8bn merger between SLB and ChampionX. The deal is to proceed after initial concerns about market competition were addressed through divestitures, according to the UK Competition & Markets Authority (CMA). SLB had signed a definitive agreement to acquire ChampionX in April 2024. The CMA had expressed apprehensions about the merger's potential to create a monopoly in the market. The authority's concerns were first made public in January 2025, highlighting the merger's possible impact on the supply of production chemical technologies and drilling services. By March, the agency had specifically pointed out the risks of reduced competition due to the merger. To mitigate these issues, SLB and ChampionX agreed to divest their UK production chemical technologies business and ChampionX's interests in US Synthetic in April. Additionally, SLB committed to licensing its quartz sensors and transducers technology to competitors. The CMA has confirmed that these divestitures effectively resolve the competitive overlap in the UK market and the vertical concerns related to ChampionX's polycrystalline diamond bearings and SLB's directional drilling operations. The agency said: 'Having considered third-party responses to the consultation, and having assessed all the evidence in the round, the CMA remains of the view that the UILs [undertakings in lieu of reference] offered by the parties are clear-cut and appropriate to remedy, mitigate or prevent the competition concerns identified in the SLC [substantial lessening of competition] decision.' The companies are now set to finalise their merger this week. The Norwegian Competition Authority (NCA) also had reservations about the merger earlier in the year. Nevertheless, the NCA approved the merger in April, following the planned sale of US Synthetic. "UK regulators approve $7.8bn SLB-ChampionX merger" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
The Hindu
2 days ago
- Business
- The Hindu
How is global shipping trying to decarbonise?
The story so far: Global shipping is on course towards decarbonisation by 2040-50. This represents a huge opportunity for India. Merchant ships largely use Very Low Sulphur Fuel Oil (VLSFO), diesel, and methane gas stored in liquid form as fuel. LNG-powered engines with their higher efficiency of some five percentage points are likely to be a transition fuel before shipping moves to green fuels such as green ammonia, green or e-methanol and biofuels by 2040 and net zero thereon. How are green fuels produced? Green hydrogen is made from the electrolysis of water using renewable power. Shipping will not use hydrogen directly because of issues with storage and transportation of hydrogen, a highly volatile fuel. Green ammonia, made from green hydrogen and nitrogen, is more stable. The government is also encouraging green ammonia production in India since it can substitute LNG imports in making fertilizers. Green methanol is made from green hydrogen and carbon dioxide obtained from industrial sources. What are the preferred fuels? Shipping, however, is generally a conservative industry. New technology adoption is relatively slow. Ammonia engines are a novelty, so shipping is going first for green methanol, which emits some 10% of carbon dioxide, and later green ammonia, which emits no greenhouse gas. However, ammonia use requires extensive processes onboard. Besides a storage tank and tweaks to the engine and fuel handling system, green methanol is almost a drop-in replacement for VLSFO and is stored as liquid in ambient temperature unlike green ammonia or even LNG. Already, more than 360 ships capable of operating on methanol are either in service or in order. Major container shipping companies such as Maersk, CMA, CGM and Evergreen are backing methanol. A 100% sustainable e-methanol as bunker fuel costs $1,950 per tonne (of VLSFO equivalent) in February in Singapore, while VLSFO averaged at $560 per tonne. This pricing discrepancy is primarily caused by the present price of renewable electricity, with every tonne of green e-methanol using 10-11 MWh of power, and the heavy upfront capital cost for electrolyser facilities. Estimates suggest that demand for green methanol would surpass 14 million tonnes by 2028, whereas the projected supply is merely in the order of 11 million tonnes, creating additional price pressures. What is Indian shipping's decarbonisation plans? India has committed to decarbonising its domestic shipping. Plans have been made for supporting domestic container ships using green fuels as well as creating green fuel bunkering points such as at the Tuticorin V.O. Chidambaranar port and Kandla. The government is looking at producing and supplying green fuels to Singapore, which is a fuelling station accounting for nearly one-fourth of all global ship fuelling. Singapore has committed to being a green fuels supplier and would require therefore tens of millions of tonnes of green fuels. Given that India has the land and expertise for solar power, it can aspire to be a major supplier of green fuels to global shipping. How can India do it? Making a marine green fuels production hub has some challenges. Solar panels and electrolysers to make green hydrogen need to be imported. India's solar energy revolution, however, is a model of how sovereign guarantees and policy strategic frameworks can drive the adoption of green fuels. From 2014 to 2025, India's solar capacity grew from 2.82 GW to 105 GW. This achievement was made through the convergence of sovereign guarantees, off-take assurance, and strengthened supply chain support. Sovereign guarantees have emerged as a powerful de-risking mechanism for green methanol investments that can considerably reduce prices. These government-backed assurances can fundamentally transform project economics by enabling access to international capital markets at significantly lower interest rates. Innovative financial instruments are needed for an at to scale green methanol rollout. Production-linked incentive (PLI) schemes for electrolysers can relieve supply chain bottlenecks by territorialising value chains and lessening transportation costs of raw materials. Carbon capture, utilisation, and storage (CCUS) incentives are also essential, as they increase the feasibility of the production of green methanol from sequestered CO2. Further, the government's aggressive push in creating 1.5 GW of local electrolyser manufacturing capacity and growing industrial CO2 sources (from steel and cement industries) positions India strategically to develop integrated green fuel hubs. Multilateral development banks offer financing at rates as low as 4%, as opposed to 11-12% by domestic lenders, and they can be leveraged. How can green fuels help restart Indian shipowning and shipbuilding? The government's move to inject demand-side support for shipbuilders, along with incentives for foreign cooperation, should spur economies of scale and attract global shipbuilders to the country. Partnerships with overseas shipbuilders from South Korea and Japan are being pursued to support India's shipbuilding strength. The strategy is to support new builds and retrofit current ships for green fuel compatibility. India has pledged $10 billion to support the purchase of over 110 ships. Government can provide incentives so 10-20% of these are green fuel-capable, built in Indian shipyards, and are Indian-flagged.
Daily Record
2 days ago
- Business
- Daily Record
Housebuilders' £100m pay-off branded 'dodgy' in Parliament
The firms have said the offer of voluntary commitments does not mean they admit any wrongdoing. An agreement by seven of the UK's biggest housebuilders to pay a record £100 million to help fund affordable new homes after an investigation into concerns they shared commercially sensitive information "definitely looks dodgy", Parliament has been told. Critics at Westminster suggested the developers made the offer to stop the investigation by the Competition and Markets Authority (CMA) 'into potentially illegal collusion … that could have inflated house prices'. They argued the Government should insist on the watchdog completing its probe. Assurances were also sought that the housebuilders at the centre of the inquiry would not be involved in building the affordable homes funded by the payout, which would see the firms 'simply get their money back'. The CMA announced last week that Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry had offered the payment as part of a package of commitments to address concerns following the investigation, which was launched last year. The settlement, which is set to go into affordable housing programmes across the UK, would be the largest ever secured by the CMA through commitments from firms under investigation. The CMA will now consult on the commitments until July 24 and, if accepted, it will mean the regulator does not need to rule on whether the companies broke competition law. As well as the payment, the housebuilders have agreed legally binding commitments not to share commercially sensitive information with rivals, such as the prices that houses were sold for, except in 'limited circumstances', the CMA said. They also agreed to work with the Home Builders Federation and Homes for Scotland to develop industry-wide guidance on information sharing. The firms have said the offer of voluntary commitments does not mean they admit any wrongdoing. Speaking in the House of Lords, housing minister Baroness Taylor of Stevenage said: 'The £100 million additional funding proposed for affordable housing will mean more families can benefit from a safe and secure home.' But Liberal Democrat Baroness Thornhill, a vice president of the Local Government Association, said: 'There could be an alternative version to this – major housebuilders pay £100 million to halt the CMA's investigation into potential illegal collusion through the sharing of competitively sensitive information that could have inflated house prices. 'While this settlement might appear a pragmatic, cost-effective solution, would it not be more useful to have some evidence-led answers about whether the business models of the major developers are a significant factor in the slow delivery of housing? 'Therefore, should not the Government insist that the CMA actually completes its investigation, rather than allowing a financial settlement that obscures the fact and definitely looks dodgy?' Responding, Lady Taylor said: 'The CMA is continuing its work on this, and on July 9 it announced that it is consulting on its intention to accept commitments offered by the housebuilders in relation to the investigation. Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. 'That consultation closes on July 25, and I have already set out some of the commitments that the seven companies have made. 'The £100 million payment, the largest secured through commitments from companies under investigation, will be split between affordable housing programmes across all our four nations. 'I hope that will make a significant contribution to delivering the affordable housing we all want to see.' Tory former housing minister Lord Young of Cookham said: 'If the Competition and Markets Authority confirms this £100 million payment for anti-competitive activity, can the minister give an assurance that none of the affordable homes to be built with that money will be built by the volume housebuilders responsible for this activity? Otherwise, they'll simply get their money back.' Lady Taylor said: 'I am sure that the Competition and Markets Authority, as part of its consultation, will be looking at the best way of distributing that money, so it is not just recycled to the people who caused the problem in the first place.' Liberal Democrat Lord Rennard said: 'The one-off payment of £100 million towards affordable housing is only about 3% of the operating profit of the five biggest housebuilders this year. Is this a relatively small penalty for them to pay for anti-competitive practices over many years?' Lady Taylor said: 'This is the biggest settlement ever achieved by the CMA.' She added: 'We have to consider what is appropriate in these circumstances. I am sure the CMA has done that.' A CMA spokesperson said: 'Our year-long study of the housing market found that the complex and unpredictable planning system, together with the limitations of speculative private development, was responsible for the persistent under-delivery of new homes in the UK. 'It was also clear that concerns about sharing of confidential information, while important, were not the main driver of the undersupply of housing. 'The £100 million payment we have secured for affordable housing would provide immediate benefits across the UK, without a lengthy further investigation. 'It is in line with fines levied in similar cases that have taken many years to conclude and comes alongside a set of commitments which fully addresses our competition concerns.' Bellway, which has agreed to pay £13.5 million, said: 'Bellway's offer of commitments does not constitute an admission of any wrongdoing, and the CMA has made no determination as to the existence of any infringement of competition law. 'Bellway welcomes the CMA's consultation on the voluntary commitments and will continue to work constructively with the CMA throughout the process.'
