Latest news with #VDC
Time of India
5 days ago
- General
- Time of India
15 sent to jail for imposing social boycott on Dalit family
1 2 3 Hyderabad: A special court in Nizamabad on Tuesday sentenced 15 individuals to imprisonment in connection with a social boycott imposed on a Dalit family by members of a so-called village development committee (VDC) in Kolipaka village of Jakranpally mandal. The special judge for SCs/STs (Prevention of Atrocities) Act cases and II additional district and sessions judge pronounced the verdict, convicting eight individuals to five years in jail with a fine of ₹5,200 each, while seven others received three years' imprisonment along with a fine of ₹4,200 each. It was in April 2020, when Errolla Hanumandlu and his family lodged a complaint with the Jakranpally police, alleging that the VDC had issued a social boycott order against them. It all began when Mekala Bablu and his family objected to Hanumandlu's family using a tractor in front of their house. Bablu later took the matter to the VDC, which demanded a monetary fine from Hanumandlu. When the family refused to pay, the VDC allegedly enforced a social boycott. Acting on the complaint, police registered a case under section 3(1)(zc) of the SCs/STs Act, various sections of the Indian Penal Code (341, 323, 290, 506, 248 r/w 34), and section 4 of the Protection of Civil Rights Act, 1955. Those who were sentenced to five years' imprisonment include Golla Boddu Thirupathi, Ravutla Bakkanna, Papai Gangadhar, Boddu Naveen, Kalakadi Muthenna, Bolli Ranjeeth, Wadla Srikanth and Arepalli Esthari. Among those sentenced to three years' imprisonment were Mekala Bablu, Mekala Kavitha, Muvvala Poshanna, Mala Chinna Rajanna, Dasari Surender, and Vankayala Gangadhar.
Yahoo
7 days ago
- Business
- Yahoo
Should You Invest in the Vanguard Consumer Staples ETF (VDC)?
Designed to provide broad exposure to the Consumer Staples - Broad segment of the equity market, the Vanguard Consumer Staples ETF (VDC) is a passively managed exchange traded fund launched on 01/26/2004. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. Sector ETFs are also funds of convenience, offering many ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Consumer Staples - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 11, placing it in bottom 31%. The fund is sponsored by Vanguard. It has amassed assets over $7.67 billion, making it one of the largest ETFs attempting to match the performance of the Consumer Staples - Broad segment of the equity market. VDC seeks to match the performance of the MSCI US Investable Market Consumer Staples 25/50 Index before fees and expenses. The MSCI US Investable Market Consumer Staples 25/50 Index measures the investment return of stocks in the consumer staples sector. Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Annual operating expenses for this ETF are 0.09%, making it one of the cheaper products in the space. It has a 12-month trailing dividend yield of 2.33%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Consumer Staples sector--about 99.90% of the portfolio. Looking at individual holdings, Costco Wholesale Corp (COST) accounts for about 12.67% of total assets, followed by Walmart Inc (WMT) and Procter & Gamble Co/the (PG). The top 10 holdings account for about 63.55% of total assets under management. The ETF return is roughly 6.87% and was up about 11.69% so far this year and in the past one year (as of 06/03/2025), respectively. VDC has traded between $201.77 and $226.16 during this last 52-week period. The ETF has a beta of 0.61 and standard deviation of 12.72% for the trailing three-year period, making it a medium risk choice in the space. With about 105 holdings, it effectively diversifies company-specific risk. Vanguard Consumer Staples ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, VDC is a good option for those seeking exposure to the Consumer Staples ETFs area of the market. Investors might also want to consider some other ETF options in the space. IShares U.S. Consumer Staples ETF (IYK) tracks Dow Jones U.S. Consumer Goods Index and the Consumer Staples Select Sector SPDR ETF (XLP) tracks Consumer Staples Select Sector Index. IShares U.S. Consumer Staples ETF has $1.52 billion in assets, Consumer Staples Select Sector SPDR ETF has $16.45 billion. IYK has an expense ratio of 0.40% and XLP charges 0.08%. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 Vanguard Consumer Staples ETF (VDC): ETF Research Reports Procter & Gamble Company (The) (PG) : Free Stock Analysis Report Walmart Inc. (WMT) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Consumer Staples Select Sector SPDR ETF (XLP): ETF Research Reports iShares U.S. Consumer Staples ETF (IYK): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Time of India
19-05-2025
- Time of India
Criminal cases against 4 VDC members for illegal auction of toddy, liquor vends in Adilabad
Hyderabad: In yet another instance of the growing menace of the so-called ' village development committees ' (VDCs), Adilabad police have booked cases against four persons for allegedly resorting to extortion. In Ankoli village of Adilabad Rural, VDC members on Sunday organised an auction for permitting the sale of toddy and an unlicensed liquor shop in the village. In the illegal auction , the VDC members received 3 lakh for permitting a toddy shop and 3.90 lakh for an unlicensed liquor shop to be set up. With the Adilabad district police administration directing local police to take stern action against the illegally operating VDCs, which are resorting to extortions, a case was booked against four persons, Kanaka Ramanayya, Erram Prabhakar, Erram Ashok, and Etikala Bhumanna. "We understand that there were more persons involved in this and will bring in their names also into the case once they are identified," an officer at the Adilabad Rural police station told TOI on Monday. Cases were booked on Sunday under the Section 308 clause B of the BNS, which might get the guilty punishment of up to five years. Police said that as of now, the cases were booked, and after due investigation, those named would be arrested and prosecuted as per the law. Earlier, cases had been registered in Boath, Ichoda, Jainath, and Bela police stations against the so-called VDCs for imposing their rules in the village and permitting shops in bidding and auction. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ative o software antivírus do seu computador Clique aqui Undo The Adilabad police on Friday said five cases have been registered so far against VDCs in Bela, Jainath, Boath, and Ichoda police station limits. The cases involve VDCs attempting to resolve civil disputes and extorting money from tractor owners transporting sand. On April 30, a VDC member, Bhuma Reddy, was booked in Jainath for extortion. In April, the Goud community in Tallarampur in Nizamabad district had rebelled against the VDC, which demanded that they pay a certain amount of money for tapping toddy. The community, while refusing to pay, said hardly anyone was tapping toddy but also pointed out that the trees were on their own land and questioned why they had to pay money to the VDC. In retaliation, the VDC allegedly asked other villagers not to 'cooperate' with the Goud community and have no dealings with them. Some supporters of the VDC members then approached police, saying that the charges of excommunicating the Goud community were false.
Tourism Breaking News
06-05-2025
- Business
- Tourism Breaking News
Verteil Technologies becomes launch NDC aggregator for Riyadh Air
Post Views: 29 Riyadh Air and Verteil Technologies announced a strategic partnership that will see Verteil become the launch NDC (New Distribution Capability) aggregator, marking a major milestone in Riyadh Air's offer and order-based digital distribution journey. Through this collaboration, travel sellers across the globe will gain seamless access to Riyadh Air's NDC content via Verteil's industry-leading platform, Verteil Direct Connect (VDC), reinforcing a shared commitment to innovation and excellence in airline retailing. With this partnership, Riyadh Air NDC content will be accessible to travel sellers globally as it rolls out a modern and efficient distribution strategy that prioritises transparency, personalisation, and direct connectivity. Verteil's proven expertise in deploying scalable NDC solutions for leading airlines ensures that travel sellers can access a full suite of content and functionalities, including real-time availability, rich fare options, ancillary services, and instant ticketing across multiple points of sale. Vincent Coste, Chief Commercial Officer, Riyadh Air, said: 'Riyadh Air aims to set a new global standard for airline connectivity and innovation. Partnering with Verteil at this early stage allows us to ensure a strong foundation for modern distribution technology that is both future-ready and aligned with our digital-first strategy.' Jerrin Jos, Founder and CEO of Verteil Technologies, said: 'We are thrilled to partner with Riyadh Air as their launch NDC aggregator. This partnership reinforces our shared commitment to modernising airline distribution, facilitating true retailing and enabling global travel sellers with direct access to richer content and better customer experiences.' Verteil's robust integration and flexible deployment capabilities make it easier for travel sellers – whether OTAs, TMCs, or Consolidators – to adopt NDC without heavy technical or operational burdens. As Riyadh Air prepares to launch its inaugural flights, this partnership ensures that distribution is already live and ready, empowering sellers to start doing business in the offer order world without delay. The announcement took place during the Arabian Travel Market 2025 in Dubai, which concluded on Thursday with record attendance.
Trade Arabia
05-05-2025
- Business
- Trade Arabia
Verteil named launch NDC aggregator for Riyadh Air
Riyadh Air and Verteil Technologies have announced a strategic partnership that will see Verteil become the launch NDC (New Distribution Capability) aggregator, marking a major milestone in Riyadh Air's offer and order-based digital distribution journey. Through this collaboration, travel sellers across the globe will gain seamless access to Riyadh Air's NDC content via Verteil's industry-leading platform, Verteil Direct Connect (VDC), reinforcing a shared commitment to innovation and excellence in airline retailing, said a statement. Verteil's proven expertise in deploying scalable NDC solutions for leading airlines ensures that travel sellers can access a full suite of content and functionalities, including real-time availability, rich fare options, ancillary services, and instant ticketing across multiple points of sale, it said. Vincent Coste, Chief Commercial Officer, Riyadh Air, said: 'Riyadh Air aims to set a new global standard for airline connectivity and innovation. Partnering with Verteil at this early stage allows us to ensure a strong foundation for modern distribution technology that is both future-ready and aligned with our digital-first strategy.' Jerrin Jos, Founder and CEO of Verteil Technologies, said: 'We are thrilled to partner with Riyadh Air as their launch NDC aggregator. This partnership reinforces our shared commitment to modernising airline distribution, facilitating true retailing and enabling global travel sellers with direct access to richer content and better customer experiences.' Verteil's robust integration and flexible deployment capabilities make it easier for travel sellers – whether OTAs, TMCs, or Consolidators – to adopt NDC without heavy technical or operational burdens. As Riyadh Air prepares to launch its inaugural flights, this partnership ensures that distribution is already live and ready, empowering sellers to start doing business in the offer order world without delay. The announcement took place during the Arabian Travel Market 2025 in Dubai, which concluded on Thursday. – TradeArabia News Service
