Latest news with #Nagarajan
Time of India
6 days ago
- General
- Time of India
High courts can't suo motu enhance punishment in appeal: SC
The Supreme Court on Wednesday held high courts cannot exercise suo motu revision powers either to enhance the sentence or to convict an accused on any other charge in the absence of appeal filed by the victim, complainant or the state. A bench of Justices B V Nagarathna and Satish Chandra Sharma passed the verdict on an appeal filed by one Nagarajan, challenging an order of Madurai bench of the Madras High Court which convicted him for abetment of suicide of a woman and sentenced him to five-years rigorous imprisonment. He was also convicted of charges of outraging the modesty and house trespass. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Sistema TMS para empresas de logística Sistema TMS embarcador Saiba Mais Undo The top court noted that the trial court acquitted him of the charges of Section 306 of IPC for abetment of suicide and convicted him only for outraging the modesty of the woman and house trespass. Nagarajan appealed in the high court, which upheld the trial court's order of conviction but suo motu initiated proceedings for his conviction under Section 306 of the IPC and convicted him. Live Events It came on record that no appeal was filed by the state, victim or complainant for enhancement of sentence or acquittal under section 306 of the IPC. "An appeal filed by the accused/convict and in the absence of any appeal filed by the victim, complainant or the state, the high court cannot exercise suo motu revision either to enhance the sentence or to convict the appellant on any other charge," the bench said. As a result, the bench set aside the conviction and sentence of the appellant under Section 306 of IPC but confirmed his conviction for "outraging the modesty of woman" and "house trespass". "The appellant is directed to undergo the sentence and to pay the fine as imposed by the sessions court," it held. The top court noted that the sentences were ordered to run concurrently by the high court. "Thus, a conviction awarded for offences under Sections 354 and 448 of IPC has also resulted in a conviction under Section 306 of IPC and an enhanced sentence, that too, in an appeal filed by none other than the appellant," it said. According to the bench "the rationale of the above can be explained in simple language by stating that no appellant by filing an appeal can be worse-off than what he was". "That is exactly what we are seeking to reiterate in our judgment having regard to the facts of the present case." Justice Nagarathna, who authored the verdict, said for exercising powers of the appellate court for enhancement of sentence in an appeal filed either by the state or the complainant or the victim, CrPC provides that the appellate court can reverse the finding and sentence and acquit or discharge the accused, or order him to be re-tried by a court competent to try the offence, or alter the finding by maintaining the sentence, or with or without altering the finding, alter the nature or the extent, of the sentence so as to enhance or reduce the same. "Thus, the power to enhance the sentence can be exercised by the appellate court only in an appeal filed by the state, victim or complainant, provided the accused has had an opportunity of showing cause against such enhancement," the court held. The bench said that the trial court should also be very careful while passing an order of sentence which must be "concomitant" with the charges framed and the findings arrived at while arriving at a judgment of conviction. Nagarajan had challenged the November 29, 2021 order of the high court. He was accused of outraging the modesty of his neighbour by trespassing her house on July 11, 2003. The woman died by suicide along with her infant, the very next day.
Yahoo
30-05-2025
- Business
- Yahoo
NDSN Q1 Earnings Call: Revenue Misses Amid Segment Shifts, Guidance Raised for Next Quarter
Manufacturing company Nordson (NASDAQ:NDSN) missed Wall Street's revenue expectations in Q1 CY2025 as sales rose 5% year on year to $682.9 million. Its non-GAAP EPS of $2.42 per share was 2.6% above analysts' consensus estimates. Is now the time to buy NDSN? Find out in our full research report (it's free). Revenue: $682.9 million (5% year-on-year growth) Adjusted EPS: $2.42 vs analyst estimates of $2.36 (2.6% beat) Revenue Guidance for Q2 CY2025 is $730 million at the midpoint, above analyst estimates of $713.5 million Adjusted EPS guidance for Q2 CY2025 is $2.65 at the midpoint, above analyst estimates of $2.58 Adjusted EBITDA Margin: 31.8% Organic Revenue fell 2.4% year on year (-3.7% in the same quarter last year) Market Capitalization: $11.14 billion Nordson's first quarter results reflected a mix of acquisition-driven growth and ongoing challenges in select legacy segments. CEO Sundaram Nagarajan highlighted that momentum in Advanced Technology Systems, particularly from semiconductor and electronics customers, and the solid performance of the recently acquired Atrion business helped offset organic revenue declines elsewhere. Management also pointed to continued softness in industrial system sales, especially within industrial coatings and polymer processing, citing weaker end-market demand compared to last year. The company's operational focus and cost discipline supported margin expansion, with Nagarajan noting that the integration of Atrion was exceeding expectations and contributing positively to both sales and profitability. Looking ahead, Nordson's guidance for the next quarter is underpinned by sustained demand in electronics and semiconductor markets, an improving outlook for medical fluid components, and incremental benefits from restructuring actions. Nagarajan emphasized, 'We are seeing positive order entry momentum in electronics, precision agriculture, and select medical product lines,' suggesting this will drive sequential improvement. Management expects the effects of destocking in medical interventional products to continue fading, while recent divestitures are anticipated to sharpen the company's focus on higher-margin offerings. However, CFO Daniel Hopgood cautioned that ongoing trade policy uncertainties and automotive market headwinds could still impact customer investment decisions, indicating the outlook remains sensitive to external factors. Management attributed the quarter's performance to strong contributions from recent acquisitions and targeted restructuring, even as some core segments continued to face demand headwinds. Atrion acquisition outperformance: The Atrion medical components business delivered higher-than-anticipated sales and margin contribution, with CEO Nagarajan noting 'customer adoption of Atrion's differentiated products' and successful operational integration exceeding initial projections. Advanced Technology momentum: Demand in the Advanced Technology Systems (ATS) segment was fueled by investments in next-generation computing, AI, and cloud infrastructure, with over half of ATS revenue now tied to semiconductor and high-performance computing. Management credited strong order entry, particularly from Asian customers, as a key driver. Industrial segment softness persists: The Industrial Precision Solutions (IPS) business saw continued weakness, mostly in industrial coatings and polymer processing tied to automotive end markets. However, the precision agriculture (ARAG) and nonwovens systems lines posted double-digit growth, partially offsetting declines. Medical segment portfolio reshaping: The announced divestiture of select medical contract manufacturing product lines is expected to increase the medical segment's focus on proprietary components, improve margin profile by an estimated 100 basis points, and free resources for core growth areas. Operational cost actions: Targeted restructuring across underperforming businesses and the completion of major facility transitions are anticipated to yield over $50 million in annual savings by 2026, supporting margin resilience despite mixed demand. Management's outlook centers on continued demand in electronics and medical components, as well as incremental margin benefits from portfolio optimization and restructuring. Electronics and semiconductor growth: Ongoing investment in semiconductor manufacturing, AI-related computing, and cloud infrastructure is expected to sustain strong order trends in the ATS segment. Management sees Asian markets as the primary near-term growth engine, with North American opportunities still to come. Medical segment recovery and focus: The medical segment's organic growth is expected to recover as destocking abates and the segment pivots toward higher-value, proprietary components following the contract manufacturing divestiture. Atrion's product pipeline and integration are anticipated to further boost segment performance. Restructuring and external risks: Cost structure improvements from recent restructuring and facility consolidation are projected to protect margins. However, management remains watchful of macroeconomic uncertainty, including trade policy changes and persistent automotive sector weakness, which could affect customer investments and order timing. In the coming quarters, the StockStory team will be closely monitoring (1) the trajectory of order entry in Advanced Technology Systems—especially semiconductor and electronics demand, (2) the pace of recovery in medical components as destocking trends unwind, and (3) the impact of portfolio reshaping on segment margins and overall profitability. Execution on restructuring savings and resilience to external market shifts will also be key to tracking Nordson's progress. Nordson currently trades at a forward P/E ratio of 20.1×. In the wake of earnings, is it a buy or sell? Find out in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. 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
Economic Times
26-05-2025
- Business
- Economic Times
RBI's Rs 2.69 lakh crore dividend may not impress markets in the short term. Here's why
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The Reserve Bank of India (RBI) has announced a record-breaking Rs 2.69 lakh crore dividend to be given to the central government for the financial year 2024-25. This is a big jump of 27% compared to the Rs 2.11 lakh crore dividend given last year. However, some experts had expected the number to be even higher -- close to Rs 3 lakh dividend decision was taken at the RBI's board meeting held on Friday. The RBI also approved its annual financial report for the dividend amount is decided based on a revised policy called the Economic Capital Framework (ECF). Under this new framework, RBI has increased its contingency reserve — a kind of emergency fund— from the earlier 5.5–6.5% range to a higher 6–7.5% range. Because of this higher reserve, the final dividend turned out to be smaller than what the markets were hoping Nagarajan, Head of Fixed Income at Tata Asset Management, said the lower-than-expected dividend may disappoint the stock market in the short term. He said, 'There could be some profit booking next week after the strong rally in the past 10 days.'However, the dividend is still a major positive for the economy. A report by SBI Research said that this large payout will help the government manage its finances government had planned for Rs 2.56 lakh crore in dividend income in the Budget. The RBI's actual payout is higher than that, giving the government more money to either spend or reduce its to SBI, the extra money could lower the fiscal deficit by 0.2% to 4.2% of GDP, or allow the government to spend an additional Rs 70,000 crore on welfare or short, while the dividend was a bit below market hopes, it is still a major boost for the government's budget. The stock market might react cautiously in the coming week, but from an economic point of view, this is good news for growth and spending. All eyes will now be on how the government uses this extra money.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Yahoo
05-05-2025
- Entertainment
- Yahoo
News Influencers Are Reaching Young People, and the Media Is Trying to Keep Up
All products featured on Teen Vogue are independently selected by Teen Vogue editors. However, when you buy something through our retail links, Condé Nast may earn an affiliate commission. Bloomberg/Getty Images It's no surprise that young Americans say social media is their preferred way to get news. But a growing number of them are turning to news influencers — those familiar faces who often share frank, relatable, direct-to-camera videos — to learn about what's going on. In 2024, a Pew Research study found that about one in five Americans (21%) — including 37% of adults under 30 — said they regularly got news from influencers. Divya Nagarajan, 19, a student at Emory University, says that seeing the same people in her feed makes them feel more trustworthy. 'It's kind of like the parasocial thing where it feels like I know them,' she tells Teen Vogue. Nagarajan says she favors the conversational tone news influencers use and the personal feel of their content vs. the onslaught of breaking alerts from legacy outlets. Says Rachel Karten, a social media consultant and author of the Link in Bio newsletter, whether it's TikTok or Instagram, people don't want to leave the platforms where they already scroll, so you have to meet them where they are: "They're not there necessarily to consume news, but if it comes across their feed, they're going to watch it," she explains. "And they're going to start to maybe grow a connection with the person who is reporting that news.' Relatability, perceived trustworthiness, ease of consumption: These are just some of the reasons young people say they're turning to these influencer voices. Online-first news outlets like NowThis and AJ+ have long understood this; more traditional outlets, however, have only just started experimenting with what has been called 'talent-driven journalism,' hiring news influencers who have a strong personal brand to lead their social presence. Influencers can be a great way to connect with new audiences, but there are concerns that social content creators could be fueling the misinformation crisis. According to Pew, 77% of these influencers have no journalism background or affiliation with a news organization, which means they may not have strict standards for vetting the information they share. The growing interest in hiring or promoting camera-ready creators with a strong personal brand is also troubling for journalists who aren't particularly interested in being social media stars. Of course, talent-driven journalism isn't exactly new. From familiar names in print to favorite radio hosts to iconic CBS broadcaster Walter Cronkite's comforting and constant "And that's the way it is" sign-off, people have long preferred voices they recognize. That recognition breeds trust, and it's no different on social media. So some traditional media companies are now bringing influencers in-house, or focusing on growing the followings of in-house creators, to help reach younger audiences. Mayra Báez, an audience strategist and AI consultant, helped launch AJ+, Al Jazeera's social media news and storytelling project, in 2014, intertwining the outlet's online brand with journalists' personal brands. In addition to making the news more engaging and approachable, Báez tells Teen Vogue via email, the move put journalists in direct conversation with audiences where they were increasingly spending time: on their phones. 'Social media-first newsrooms started doing this over a decade ago; the difference is that legacy media is only now catching up, and not by choice, but out of necessity.' The Washington Post's social media audience skews younger than its audiences on other platforms, according to the publication's 'TikTok guy' Dave Jorgenson, and audience members feel a personal connection to the account's hosts after seeing them in videos for years. 'These people have been with us since they were teenagers, and we take that relationship very seriously,' he says. 'We know for a fact that our audience trusts us more because of our presence on TikTok and [YouTube] Shorts.' Jorgenson, who launched the Post's TikTok channel in 2019, recently spun off a Post-produced series, Local News International, on his personal YouTube channel. The series is designed to be cut down for vertical video and shared on the Post's other accounts to help grow those audiences. In January, the Post doubled down on its talent-driven strategy, restructuring its public relations division to focus on developing a 'star talent unit' — a move that resulted in layoffs at the outlet, which is owned by Amazon founder Jeff Bezos. Stay up-to-date with the politics team. Sign up for the Teen Vogue Take Sara Sines, a 24-year-old dancer and performer, says she gets most of her news from influencers on social media, though the content often appears in her feed without her seeking it out. If she recognizes the face of someone whose approach she liked in the past, even if she doesn't know their name, she stops to hear their take when they pop up on her For You page. For some publishers, social media has been the key to reaching new, younger audience members, like Sines, who may be unfamiliar with an outlet's nonsocial reporting. Morning Brew, which first launched as a business newsletter in 2015, has grown a stand-alone social media audience of millions of followers in part by leaning into creators, says Macy Gilliam, a video producer at the media company. 'Young people like to follow people; they don't really like to follow brands,' she notes. "We are people at the brand, so it's kind of like bridging the gap.' Since stepping into an on-camera role two years ago, Gilliam, 24, appears every week in several short videos on Morning Brew's social channels and has become a recognizable presence. 'They'll comment things like, 'Oh, I love when Macy does this,' 'Oh, Macy's always joking about that.'' This familiarity, she says, gives Morning Brew's audience a stronger affinity for both the creator and the brand. Gilliam, who recently launched a new video franchise under the Morning Brew umbrella, believes introducing creator personalities on an outlet's existing social channels benefits everyone: In-house influencers bring recognition, personality, and trustworthiness to the brand, creators get the company's editorial support, and audiences get more engaging content. Talent-driven journalism does present many opportunities. But even as audience strategist Báez acknowledges the positives — news feels more personal, journalists connect directly with an audience, more accessibility, and the chance for people from underrepresented backgrounds to build their own following — she cautions that the practice also poses many challenges for journalists and news-seekers. First, Báez says, social media takes place on 'borrowed land,' and is beholden to platforms with changing algorithms that generally deprioritize news. That makes it harder for outlets to ensure their coverage reaches the intended audiences, and for audiences to access the perspectives for which they're searching. Additionally, Báez points out, not every journalist wants to be a public-facing personality. The shift toward news influencers favors extroverts over highly skilled journalists who do critical behind-the-scenes investigative work. It also increases the likelihood of harassment, burnout, and instability, especially for journalists from marginalized backgrounds. And, as with many shifts in media, this shift favors those who already have social capital, often white, male, well-connected voices, while others still struggle for visibility and support, she explains. Time will tell whether news organizations can invest in influencers to effectively benefit reporters and audiences alike. 'Done right, it could strengthen journalism,' says Báez. 'Done poorly, it could widen existing inequalities and destabilize an already fragile industry.' Originally Appeared on Teen Vogue Want more U.S. government coverage? The Current Supreme Court Is Illegitimate What It's Like to Live In a State Run By Politicians You Can't Stand Mass Incarceration Is Cruel, Expensive, and Ineffective The True Story of a White Supremacist Insurrection in the U.S.
New Indian Express
03-05-2025
- New Indian Express
Split verdict in 2012 granite scam case, CJ may assign third judge
MADURAI: A division bench of the Madurai Bench of the Madras High Court has delivered a split verdict on a revision petition filed by one of the accused in the 2012 granite scam, challenging the dismissal of his discharge plea against proceedings under the Prevention of Money Laundering Act (PMLA). The matter has been referred to the chief justice of the high court for nomination of a third judge to decide the case. The bench comprising Justices GR Swaminathan and R Poornima was hearing a plea by S Nagarajan, one of the directors of Olympus Granites Pvt Ltd. He had challenged the May 2024 order of the II Additional District Judge which refused to discharge him from the case. Justice Poornima observed that there was prima facie material against Nagarajan and noted that courts need not weigh evidence in detail at the stage of framing charges. Only a prima facie connection with the crime is required, she said, and dismissed the revision petition. However, Justice Swaminathan disagreed, stating that the trial court's order lacked proper reasoning . Mere use of stereotyped expressions is not enough. Though the order need not resemble a conviction, it must contain a broad discussion of facts to show why the case should proceed, he said, recommending the order be set aside and the matter remitted to the trial court for fresh consideration. Nagarajan and co-accused Durai Dayanidhi were booked for illegal mining of granite worth Rs 256.44 crore. The ED also filed a complaint before the PMLA special court, which took cognizance in 2020.
