Latest news with #NSL
Business Upturn
3 days ago
- Business
- Business Upturn
Stocks to watch on June 3: Biocon, PTC India Financial, HCL Tech, Yes Bank, Maruti, Reliance Infra, Aptus Value, Zinka Logistics, Adani Group in focus
Indian equities are set to open with a host of stock-specific triggers on June 3, with several companies announcing business developments, regulatory updates, and block deals. Positive developments Biocon will be in focus after receiving approval in India for its diabetes drug Liraglutide. PTC India Financial Services announced the recovery of Rs 125 crore from NSL, fully settling the principal amount under its resolution plan. Frontier Springs secured fresh orders worth Rs 92.6 crore for air spring assemblies. HCL Tech announced a strategic partnership with UiPath to accelerate Agentic Automation for global enterprises. ISGEC Heavy Engineering received permission from the National Green Tribunal to resume operations at its unit. Mahamaya Steel Industries reported May 2025 sales of 14,518 metric tonnes. Sarda Energy received consent from the Chhattisgarh Environment Conservation Board to operate its expanded coal washery in Raigarh, increasing capacity from 0.96 MTPA to 1.8 MTPA. Star Cement commenced commercial production of AAC blocks. Yes Bank will also be in focus after SMBC expressed plans to seek an RBI license to operate a wholly-owned subsidiary ahead of its proposed stake acquisition in the bank. Man Industries announced plans to raise up to Rs 300 crore via preferential allotment of convertible warrants and equity shares. Mphasis clarified that it continues to provide services to the FedEx ecosystem, and that other media reports were speculative. Salzer announced the formation of a new SPV, Effilume Pvt Ltd, in partnership with Schnell Energy Equipment. Britannia Industries called off the strike at its Jhagadia plant in Gujarat. In key bulk deals, M Pallonji and Co bought 1.35 crore shares of Niva Bupa Health, while promoter entities bought additional shares in Star Health and Sai Silks. Reliance Infrastructure said it is targeting Rs 3,000 crore in defence exports over the next two years. Maruti Suzuki reported a 1.4 percent YoY increase in May production to 1.95 lakh units. Neutral developments Block deals are expected in Aptus Value Housing (Westridge to sell 9.8 percent stake for Rs 1,495 crore) and Zinka Logistics (Quickroutes International to sell 9 percent stake at Rs 405 floor price, aiming to raise Rs 647 crore). Ajcon Global Services set June 20 as the record date for its stock split. LIC Housing Finance, Mahindra Holidays, Everest Industries, Torrent Power, Mittal Life Style, Latent View, and Grasim Industries announced board-level appointments, stake acquisitions, and fundraising decisions. Jindal Stainless acquired a 33.64 percent stake in Oyster Renewable's 282 MW SPV and plans to invest up to Rs 132 crore. Adani Group issued a clarification denying awareness of any investigation by US authorities after a Wall Street Journal report said the US Justice Department is examining whether Adani companies violated sanctions on Iran. Saurashtra Cement received reaffirmation of its credit ratings, while D.P. Abhushan, SNL Bearings, and Century Extrusion announced management changes. Awfis Space Solutions disclosed a new sanctioned rupee term loan facility of Rs 80 crore. Price band revisions Shanti Overseas and Nagarjuna Fertilizers saw their price bands revised from 5 percent to 2 percent. Apollo Micro and IFB Agro saw their price bands revised from 20 percent to 10 percent. Corporate actions Ex-date for dividend today: L&T (Rs 34 per share), Nuvama (Rs 69), and Sunshield (Rs 2.5). Ex-date tomorrow: TCS (Rs 30), Shesha Paper (Rs 2.5), Tata Motors (Rs 6), Inox India (Rs 2). Coforge will trade ex-date for its stock split tomorrow, with face value split from Rs 10 to Rs 2 per share. Disclaimer: This article is for informational purposes only and does not constitute investment advice.
Scoop
5 days ago
- Politics
- Scoop
Hong Kong: New National Security Subsidiary Legislation Further Intensifies Repression
Press Release – Fortify Rights New national security measures strengthen Beijings stranglehold on freedoms. (BANGKOK, May 30, 2025)—New national security measures announced in Hong Kong two weeks ago further intensify the crackdown on freedom of expression, association, assembly, and other basic human rights in the city and undermine the rule of law, judicial independence, and Hong Kong's promised autonomy, Fortify Rights said today. A new 'Safeguarding National Security Regulation' came into effect on May 13, 2025, fast-tracked through the city's Legislative Council just one day after the Hong Kong Security Bureau published proposals for subsidiary legislation. 'These new measures intensify Hong Kong's continuing slide into authoritarianism,' said Benedict Rogers, Senior Director at Fortify Rights. 'Further alignment of Hong Kong's judicial system with Beijing's is deeply concerning given the latter's complete lack of judicial independence and widespread use of torture, arbitrary detention, and enforced disappearance.' The new regulations strengthen measures adopted under the draconian National Security Law (NSL) imposed on Hong Kong by Beijing on June 30, 2020, and an additional domestic security law enacted by the Beijing-controlled Legislative Council under Article 23 of the Basic Law, Hong Kong's mini-constitution, on March 23, 2024. In particular, the new subsidiary legislation strengthens and details procedures for mainland China's ability to exercise jurisdiction over national security cases in Hong Kong, as set out in Article 55 of the 2020 NSL, allowing for prosecutions and trials to take place in the mainland itself. The new measures also designate six sites in Hong Kong – including four hotels–as prohibited locations, because they are bases for the national security bureau. These include the Metropark Hotel Causeway Bay, the City Garden Hotel in North Point, the Island Pacific Hotel in Sai Wan, a China Travel Service hotel in Hung Hom, and two locations along Hoi Fan Road in Tai Kok Tsui. Under the additional regulations, anyone disclosing information about the activities of the Office for Safeguarding National Security in Hong Kong, which is under the direct control of the central government in Beijing, would face a prison sentence of up to seven years. The impact of the security laws imposed by Beijing over the past five years has led to an almost complete dismantling of civil society. The laws apply to the crimes of treason, sedition, secession, subversion, and state secrets, including 'collusion' with foreign forces—vaguely defined terms that have been used imprison pro-democracy activists and shutdown civil society activities. Over the past six years, an estimated 1,000 political prisoners have been jailed, including those arrested during the 2019 pro-democracy protests. These include former democratically elected legislators, journalists, lawyers, and human rights defenders. Among the most prominent political prisoners are the media entrepreneur Jimmy Lai, founder of the pro-democracy Apple Daily newspaper, and human rights lawyer Chow Hang-tung. Chow Hang-tung, 40, has been imprisoned since 2021 for her role leading an annual vigil to commemorate the 1989 Tiananmen Square massacre, serving multiple sentences. She is charged with inciting subversion under the NSL and has been detained for more than 1,000 days. Jimmy Lai, 77, a British citizen, has been in solitary confinement for more than 1,600 days, held for more than 23 hours a day with no natural light and permitted less than an hour a day for physical exercise. He has been denied the right to independent medical treatment and his first choice of legal counsel, and his international legal team at Doughty Street Chambers have been subjected to rape and death threats and harassment. Jimmy Lai has been arbitrarily detained by the Hong Kong authorities on several occasions, including for 13 months for simply lighting a candle and saying a prayer at a vigil commemorating the 1989 Tiananmen Square massacre. He is currently on trial under Hong Kong's draconian NSL, imposed by Beijing in 2020, and could face life imprisonment. The UN Working Group on Arbitrary Detention has ruled that both Jimmy Lai and Chow Hang-tung are human rights defenders who have been arbitrarily detained and should be immediately released. Last week, 22 former political prisoners, hostages, and their relatives sent an open letter to the British prime minister Keir Starmer urging him to act to secure Jimmy Lai's release. Fortify Rights' Senior Director Benedict Rogers attended the press conference at which several of the signatories released the letter. The Safeguarding National Security Regulation may result in further violations of human rights, in addition to the violations of the rights to freedom of expression, association, assembly and other freedoms already perpetrated under the 2020 NSL and the 2024 Safeguarding National Security Ordinance. If the Chinese authorities prosecute, convict and imprison Hong Kong national security cases in mainland China, the right of defendants to fair trial, and to freedom from arbitrary arrest or disappearance, torture or cruel, inhuman or degrading treatment or punishment, forced labor, as set out in the International Covenant on Civil and Political Rights (ICCPR), will be significantly undermined. Although China is not a party to the ICCPR, the Hong Kong Special Administrative Region's Basic Law and Bill of Rights incorporate the ICCPR into Hong Kong law and therefore these new regulations violate Hong Kong's obligations under its own domestic law and international law. 'There is a grave risk that Jimmy Lai could die in jail,' said Benedict Rogers. 'The international community, particularly the United Kingdom, has a responsibility to act urgently to secure his release. We urge world leaders to increase pressure on China to free Jimmy Lai, and to spell out the consequences for the authorities in Beijing and Hong Kong if they refuse to do so.'
Scoop
5 days ago
- Politics
- Scoop
Hong Kong: New National Security Subsidiary Legislation Further Intensifies Repression
(BANGKOK, May 30, 2025)—New national security measures announced in Hong Kong two weeks ago further intensify the crackdown on freedom of expression, association, assembly, and other basic human rights in the city and undermine the rule of law, judicial independence, and Hong Kong's promised autonomy, Fortify Rights said today. A new 'Safeguarding National Security Regulation' came into effect on May 13, 2025, fast-tracked through the city's Legislative Council just one day after the Hong Kong Security Bureau published proposals for subsidiary legislation. 'These new measures intensify Hong Kong's continuing slide into authoritarianism,' said Benedict Rogers, Senior Director at Fortify Rights. 'Further alignment of Hong Kong's judicial system with Beijing's is deeply concerning given the latter's complete lack of judicial independence and widespread use of torture, arbitrary detention, and enforced disappearance.' The new regulations strengthen measures adopted under the draconian National Security Law (NSL) imposed on Hong Kong by Beijing on June 30, 2020, and an additional domestic security law enacted by the Beijing-controlled Legislative Council under Article 23 of the Basic Law, Hong Kong's mini-constitution, on March 23, 2024. In particular, the new subsidiary legislation strengthens and details procedures for mainland China's ability to exercise jurisdiction over national security cases in Hong Kong, as set out in Article 55 of the 2020 NSL, allowing for prosecutions and trials to take place in the mainland itself. The new measures also designate six sites in Hong Kong – including four hotels–as prohibited locations, because they are bases for the national security bureau. These include the Metropark Hotel Causeway Bay, the City Garden Hotel in North Point, the Island Pacific Hotel in Sai Wan, a China Travel Service hotel in Hung Hom, and two locations along Hoi Fan Road in Tai Kok Tsui. Under the additional regulations, anyone disclosing information about the activities of the Office for Safeguarding National Security in Hong Kong, which is under the direct control of the central government in Beijing, would face a prison sentence of up to seven years. The impact of the security laws imposed by Beijing over the past five years has led to an almost complete dismantling of civil society. The laws apply to the crimes of treason, sedition, secession, subversion, and state secrets, including 'collusion' with foreign forces—vaguely defined terms that have been used imprison pro-democracy activists and shutdown civil society activities. Over the past six years, an estimated 1,000 political prisoners have been jailed, including those arrested during the 2019 pro-democracy protests. These include former democratically elected legislators, journalists, lawyers, and human rights defenders. Among the most prominent political prisoners are the media entrepreneur Jimmy Lai, founder of the pro-democracy Apple Daily newspaper, and human rights lawyer Chow Hang-tung. Chow Hang-tung, 40, has been imprisoned since 2021 for her role leading an annual vigil to commemorate the 1989 Tiananmen Square massacre, serving multiple sentences. She is charged with inciting subversion under the NSL and has been detained for more than 1,000 days. Jimmy Lai, 77, a British citizen, has been in solitary confinement for more than 1,600 days, held for more than 23 hours a day with no natural light and permitted less than an hour a day for physical exercise. He has been denied the right to independent medical treatment and his first choice of legal counsel, and his international legal team at Doughty Street Chambers have been subjected to rape and death threats and harassment. Jimmy Lai has been arbitrarily detained by the Hong Kong authorities on several occasions, including for 13 months for simply lighting a candle and saying a prayer at a vigil commemorating the 1989 Tiananmen Square massacre. He is currently on trial under Hong Kong's draconian NSL, imposed by Beijing in 2020, and could face life imprisonment. The UN Working Group on Arbitrary Detention has ruled that both Jimmy Lai and Chow Hang-tung are human rights defenders who have been arbitrarily detained and should be immediately released. Last week, 22 former political prisoners, hostages, and their relatives sent an open letter to the British prime minister Keir Starmer urging him to act to secure Jimmy Lai's release. Fortify Rights' Senior Director Benedict Rogers attended the press conference at which several of the signatories released the letter. The Safeguarding National Security Regulation may result in further violations of human rights, in addition to the violations of the rights to freedom of expression, association, assembly and other freedoms already perpetrated under the 2020 NSL and the 2024 Safeguarding National Security Ordinance. If the Chinese authorities prosecute, convict and imprison Hong Kong national security cases in mainland China, the right of defendants to fair trial, and to freedom from arbitrary arrest or disappearance, torture or cruel, inhuman or degrading treatment or punishment, forced labor, as set out in the International Covenant on Civil and Political Rights (ICCPR), will be significantly undermined. Although China is not a party to the ICCPR, the Hong Kong Special Administrative Region's Basic Law and Bill of Rights incorporate the ICCPR into Hong Kong law and therefore these new regulations violate Hong Kong's obligations under its own domestic law and international law. 'There is a grave risk that Jimmy Lai could die in jail,' said Benedict Rogers. 'The international community, particularly the United Kingdom, has a responsibility to act urgently to secure his release. We urge world leaders to increase pressure on China to free Jimmy Lai, and to spell out the consequences for the authorities in Beijing and Hong Kong if they refuse to do so.'
CBC
28-05-2025
- Entertainment
- CBC
NSL midseason highlights, plus Bayern's new star, Vanessa Gilles
This week on Just Soccer, Canadian star Vanessa Gilles joins us to talk about her big move to Bayern Munich and what's next in her career. Plus, we break down the top goals, standout players and biggest moments from the NSL season so far.
CTV News
27-05-2025
- General
- CTV News
Canada calls in Montreal Roses' Latifah Abdu to replace injured Nichelle Prince
Abdu Latifah takes a corner kick in the Montreal Roses FC home opener in Laval on May 3, 2025. The Roses beat the Ottawa Rapid 2-1 to remain perfect in NSL action. (Daniel J. Rowe/CTV News) Coach Casey Stoney has called in Montreal Roses forward Latifah Abdu to replace injured Kansas City Current striker Nichelle Prince for the upcoming home series against Haiti. Abdu is the second replacement summoned. Utah Royals winger Bianca St-Georges was earlier summoned to fill in for veteran Chelsea fullback/wingback Ashley Lawrence, who is unavailable due to personal reasons. The 23-year-old Abdu, the first signing by Montreal's Northern Super League team, won her first senior cap Dec. 1, 2023, against Australia in Langford, B.C. The 23-year-old from Montreal previously played in France for Soyaux, Metz, Strasbourg, Dijon FCO and En Avant Guingamp. Seventh-ranked Canada hosts No. 53 Haiti on Saturday at Princess Auto Stadium in Winnipeg and on Tuesday at Stade Saputo in Montreal. Saturday's game will mark the international swansong of veteran midfielder Desiree Scott, a Winnipeg native. This report by The Canadian Press was first published May 27, 2025.
