Latest news with #Ind
Int'l Cricket Council
3 days ago
- Sport
- Int'l Cricket Council
New quartet named in New Zealand central contract list
New Zealand have named four changes to their central contract list for the 2025/2026 season, with Mitch Hay, Muhammad Abbas, Zak Foulkes and Adi Ashok all included for the first time. The quartet come in after making strong performances for the Black Caps over the last 12 months, and will likely feature when the side tour Zimbabwe in July and host the likes of the West Indies and England in the upcoming home summer. All-Rounder Muhammad Abbas hit 52 off 26 balls on his ODI debut against Pakistan in March, setting the fastest fifty on debut in men's ODIs, also claiming Mohammad Rizwan for his first ODI wicket, while fellow quick Foulkes made both ODI and T20I debuts last calendar year. Leg-spinner Adi Ashok meanwhile enters having returned to the ODI squad in early 2025. In the review overseen by New Zealand Cricket's high performance and coaching staff, domestic and international performances, the 2025/2026 schedule and the likelihood of representing New Zealand are taken into consideration. New Zealand Cricket Chief Executive Scott Weenink says the selections are a point to the future, and a reflection of a successful pathways system. 'The contracts with Mitch, Muhammad, Adi and Zak reflect the incredible talent coming through our system,' Weenink said. 'These players have shown they can compete at the highest level, and their hunger to represent the Black Caps is exciting. 'We're thrilled to see this group drive our team forward. "The list captures the depth and versatility of our talent pool. With a packed season ahead, including the ICC T20 World Cup in February, these players are ready to make their mark and inspire fans across New Zealand.' Stellar New Zealand secure final spot | Match Highlights | Champions Trophy 2025 Stellar New Zealand secure final spot | Match Highlights | Champions Trophy 2025 The four come in for Tim Southee (retired), Ish Sodhi, Ajaz Patel, and Josh Clarkson, who were not offered contracts. Casual playing contract negotiations for Kane Williamson, Devon Conway, Finn Allen, Tim Seifert, and Lockie Ferguson are ongoing. Gill trapped by Southee in front | WTC21 Final | Ind v NZ Muhammad Abbas, Adithya Ashok, Tom Blundell, Michael Bracewell, Mark Chapman, Jacob Duffy, Zak Foulkes, Mitch Hay, Matt Henry, Kyle Jamieson, Tom Latham, Daryl Mitchell, Henry Nicholls, William O'Rourke, Glenn Phillips, Rachin Ravindra, Mitchell Santner, Ben Sears, Nathan Smith, Will Young
Yahoo
3 days ago
- Entertainment
- Yahoo
Brazil Concert Band kicks off summer concerts over the weekend
BRAZIL, Ind. (WTWO/WAWV) — The Brazil Concert Band held their first performance of the season over the weekend. The Brazil band has roots dating back all the way to 1858. One band member has been in the local concert band playing the French horn for over 50 years. 'I've always loved music and it's kind of a family thing,' said longtime band member Darla Scherb. 'My dad was in the band for years and years and I wanted to join. We have some really great crowds here.' The Brazil Concert Band plays all throughout the summer and will wrap up at the end of August. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Time of India
29-05-2025
- Business
- Time of India
JM Financial initiates coverage on Vedant Fashions with a Buy, target price Rs 930
JM Financial has initiated coverage on Vedant Fashions with a buy call at a target price of Rs 930. The current market price of Vedant Fashions is Rs 760.95. The time period given by the analyst is a year when Vedant Fashions price can reach the defined target. Vedant Fashions, incorporated in 2002, is a Small Cap company with a market cap of Rs 18549.99 crore, operating in the Apparels sector. Vedant Fashions' key products/revenue segments include Income from Retailing, Other Operating Revenue, Export Incentives and Scrap for the year ending 31-Mar-2024. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Has Honda Done It Again? The New Honda CR-V is Finally Here. TheFactualist Undo Financials For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 533.67 crore, up 85.83% from last quarter Total Income of Rs 287.19 crore and up 8.93% from last year same quarter Total Income of Rs 489.92 crore. The company has reported net profit after tax of Rs 157.98 crore in the latest quarter. The company's top management includes Modi, Modi, Sharma, Mahendra Choksi, Puri, Mitra. Company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 24 crore shares outstanding. Live Events Investment Rationale JM Financial initiated coverage on Vedant Fashion with a BUY rating and target price Rs 930, valuing the company at ~45x EPS (pre Ind AS 116) Mar-27, this is ~20-30% discount to their valuation multiples for the likes of Metro, Titan and Avenue Supermarts. At the CMP, VFL is trading at ~35x FY27 EPS and offers ~27% upside from the current levels. VFL?s robust business model allows it to generate strong EBITDA/PAT margins of ~35% and ~30%, with an average OCF/EBITDA and FCFF/PAT conversion of ~65% and ~80% during FY19-24 and revenue/PAT CAGR of ~11%/17% over this period. VFL is now trading at sharp discount of 20-50% to the like of Metro, Titan and Avenue Supermarts despite exhibiting similar kind of return ratios or slightly lower revenue/PAT growth over FY25-28. The brokerage expects revenue/EBITDA/PAT (Pre Ind AS 116) CAGR of 12% over FY25-28E led by 10% area CAGR and 3% sales per sq ft CAGR. They expect the company to generate robust RoE/RoCE/RoIC of 23%/ 27%/52% by FY28. A gradual pickup in the revenue growth is a factor of increasing competition in the W&C wear space and slowdown in the operating environment which JM Financial believes is temporary. They believe that revival in the performance of the company and increase of revenue CAGR to ~15% or more and along with higher EBITDA and PAT CAGR will lead to further re-rating in the valuation multiples in line with its historical multiples. Promoter/FII Holdings Promoters held 74.95 per cent stake in the company as of 31-Mar-2025, while FIIs owned 10.14 per cent, DIIs 10.59 per cent.
Economic Times
29-05-2025
- Business
- Economic Times
JM Financial initiates coverage on Vedant Fashions with a Buy, target price Rs 930
JM Financial has initiated coverage on Vedant Fashions with a buy call at a target price of Rs 930. The current market price of Vedant Fashions is Rs 760.95. The time period given by the analyst is a year when Vedant Fashions price can reach the defined target. Vedant Fashions, incorporated in 2002, is a Small Cap company with a market cap of Rs 18549.99 crore, operating in the Apparels sector. ADVERTISEMENT Vedant Fashions' key products/revenue segments include Income from Retailing, Other Operating Revenue, Export Incentives and Scrap for the year ending 31-Mar-2024. Financials For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 533.67 crore, up 85.83% from last quarter Total Income of Rs 287.19 crore and up 8.93% from last year same quarter Total Income of Rs 489.92 crore. The company has reported net profit after tax of Rs 157.98 crore in the latest quarter. The company's top management includes Modi, Modi, Sharma, Mahendra Choksi, Puri, Mitra. Company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 24 crore shares outstanding. ADVERTISEMENT Investment RationaleJM Financial initiated coverage on Vedant Fashion with a BUY rating and target price Rs 930, valuing the company at ~45x EPS (pre Ind AS 116) Mar-27, this is ~20-30% discount to their valuation multiples for the likes of Metro, Titan and Avenue Supermarts. At the CMP, VFL is trading at ~35x FY27 EPS and offers ~27% upside from the current levels. VFL?s robust business model allows it to generate strong EBITDA/PAT margins of ~35% and ~30%, with an average OCF/EBITDA and FCFF/PAT conversion of ~65% and ~80% during FY19-24 and revenue/PAT CAGR of ~11%/17% over this period. VFL is now trading at sharp discount of 20-50% to the like of Metro, Titan and Avenue Supermarts despite exhibiting similar kind of return ratios or slightly lower revenue/PAT growth over FY25-28. The brokerage expects revenue/EBITDA/PAT (Pre Ind AS 116) CAGR of 12% over FY25-28E led by 10% area CAGR and 3% sales per sq ft CAGR. They expect the company to generate robust RoE/RoCE/RoIC of 23%/ 27%/52% by FY28. A gradual pickup in the revenue growth is a factor of increasing competition in the W&C wear space and slowdown in the operating environment which JM Financial believes is temporary. They believe that revival in the performance of the company and increase of revenue CAGR to ~15% or more and along with higher EBITDA and PAT CAGR will lead to further re-rating in the valuation multiples in line with its historical multiples. Promoter/FII Holdings Promoters held 74.95 per cent stake in the company as of 31-Mar-2025, while FIIs owned 10.14 per cent, DIIs 10.59 per cent. (You can now subscribe to our ETMarkets WhatsApp channel) Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.
Indian Express
28-05-2025
- Indian Express
3 Punjab men go missing in Iran, families allege kidnapping by human traffickers
Three young men from Punjab who were meant to travel to Australia have reportedly gone missing in Iran, with their families now alleging that they were kidnapped by a network of Pakistan-based human traffickers. The missing youth have been identified as Amritpal Singh, 23, from Bhagowal Luda in Hoshiarpur; Jaspal Singh, from Langroya in Nawanshehar (Shaheed Bhagat Singh Nagar); and Husanpreet Singh, 27, from Sanagatpura in Dhuri, Sangrur. Punjab Police have booked two Hoshiarpur-based travel agents, brothers Dheeraj Atwal and Kamal Atwal of Piplanwala, and their employee, Saavita Soya, under various sections of the law, including 143, 318(4), 61(2) BNS, and Section 13 of the Punjab Travel Professional Regulation Act. The families said the three left for Australia via Iran but have been untraceable since mid-May. Their last known contact was through a series of video calls from May 11 to 17, during which they appeared bloodied and distressed, pleading for help. Ashok Kumar, the elder brother of Jaspal Singh, told The Indian Express that the families had collectively paid over ₹19 lakh to the agents. 'Jaspal was first taken to Dubai on April 1 and kept there for a month. Amritpal and Husanpreet also joined him in Dubai on April 25 after paying the full amount. They were then flown to Tehran in early May on separate flights,' he said. Once in Tehran, unknown individuals approached them, claiming to have been sent by the Indian agent and showed them photos as 'proof.' They were taken away in a taxi, only to later reveal that they had been kidnapped. The families were ordered to pay ₹18 lakh each in ransom to bank accounts in Pakistan. 'My brother and the others were stripped and showed deep wounds on their bodies in the videos. They were terrified,' Ashok said, adding that Jaspal is married and has two young sons. Manpreet Singh, cousin of Husanpreet, described the family's desperate efforts. 'His father died years ago, his mother is elderly, and he was the sole breadwinner. We all pitched in to send him to Australia, but now he's trapped in Iran,' he said. The families said they repeatedly contacted the Hoshiarpur-based agents, who assured them of the youths' safety but then switched off their phones and shuttered their offices by May 3. Since then, the only communication has been terrifying video calls from the captors, demanding the ransom. Gurdeep Kaur, mother of Amritpal Singh, recounted how payments were made in stages, including ₹1 lakh in cash and ₹40,000 via Google Pay, totaling ₹18 lakh. 'We own less than an acre of land. I work as a tailor, and my husband, who had returned from Dubai, is unemployed,' she said. The families have turned to local politicians and the police for help. An FIR was finally registered on May 16 at the Model Town police station in Hoshiarpur. The Indian Mission in Tehran has also been alerted and is in touch with the families to investigate and locate the missing men. — India in Iran (@India_in_Iran) May 28, 2025 'We have no money left. We only want our sons back. Who will bring them home?' said Gurdeep Kaur, holding a photograph of Amritpal, who had just completed his Plus Two and dreamed of a new life in Australia.
