Latest news with #HES
NDTV
4 hours ago
- Business
- NDTV
Hamdard Society Refutes Rs 813 Crore Diversion, Clarifies MBBS Seat Withdrawal
The Hamdard Education Society (HES) has issued a public notice rebutting a report published in The Times of India on July 23, 2025, which claimed that the Hamdard Institute of Medical Sciences and Research (HIMSR) withdrew 150 MBBS and 49 postgraduate medical seats due to a Rs 813 crore fund diversion flagged by the Comptroller and Auditor General (CAG). In its clarification, the HES stated that the seat withdrawal stemmed solely from Jamia Hamdard University's unilateral decision to revoke affiliation on June 6, 2024, violating a Delhi High Court status quo order. The notice further said that the National Medical Commission (NMC) had not cited any financial or compliance-related lapses against HIMSR. The Rs 813 crore diversion allegation was termed "baseless," with HES asserting that HIMSR's accounts, audited by firms including PricewaterhouseCoopers (PwC), show no financial wrongdoing. Instead, the sponsoring body contributed Rs 426 crore to establish HIMSR, it said. HES stated that HIMSR operates autonomously under a 2021 Memorandum of Agreement and Board of Management resolution. However, it alleged ongoing administrative interference, including frozen hospital accounts and disruption of academic operations. The Society reaffirmed HIMSR's continued recognition and accreditation as a medical college and reiterated its adherence to NMC regulations. It also assured that all currently enrolled students remain unaffected by the ongoing dispute. "We are in active communication with authorities and pursuing the matter on priority in court. Updates will be shared as soon as any official response is received," the statement said. It urged students, parents, and the public to avoid speculation and rely on verified information.
NDTV
6 hours ago
- Business
- NDTV
Medical Seat Cut Due To Affiliation Row, Not Rs 813 Crore Diversion: Hamdard Body
The Hamdard Education Society (HES) has issued a public notice rebutting a report published in The Times of India on July 23, 2025, which claimed that the Hamdard Institute of Medical Sciences and Research (HIMSR) withdrew 150 MBBS and 49 postgraduate medical seats due to a Rs 813 crore fund diversion flagged by the Comptroller and Auditor General (CAG). In its clarification, the HES stated that the seat withdrawal stemmed solely from Jamia Hamdard University's unilateral decision to revoke affiliation on June 6, 2024, violating a Delhi High Court status quo order. The notice further said that the National Medical Commission (NMC) had not cited any financial or compliance-related lapses against HIMSR. The Rs 813 crore diversion allegation was termed "baseless," with HES asserting that HIMSR's accounts, audited by firms including PricewaterhouseCoopers (PwC), show no financial wrongdoing. Instead, the sponsoring body contributed Rs 426 crore to establish HIMSR, it said. HES stated that HIMSR operates autonomously under a 2021 Memorandum of Agreement and Board of Management resolution. However, it alleged ongoing administrative interference, including frozen hospital accounts and disruption of academic operations. The Society reaffirmed HIMSR's continued recognition and accreditation as a medical college and reiterated its adherence to NMC regulations. It also assured that all currently enrolled students remain unaffected by the ongoing dispute. "We are in active communication with authorities and pursuing the matter on priority in court. Updates will be shared as soon as any official response is received," the statement said. It urged students, parents, and the public to avoid speculation and rely on verified information.
Business Insider
4 days ago
- Business
- Business Insider
Block to replace Hess Corp. in S&P 500 at open on 7/23
Block (XYZ) will replace Hess Corp. (HES) in the S&P 500 effective prior to the opening of trading on Wednesday, July 23. S&P 500 and S&P 100 constituent Chevron (CVX) has acquired Hess Corp in a deal that closed today, July 18. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Yahoo
5 days ago
- General
- Yahoo
Modernist masterpiece built for renowned textile designer up for auction
It was ranked the fifth most influential building to be constructed in Scotland since the end of the Second World War in 2005 by a panel of leading Scottish architecture experts. Now a former textile studio in the Borders has been advertised for sale at auction for the 'bargain' guide price of £18,000. Nestled beside the A707 near Selkirk, the Bernat Klein Studio is a striking piece of late Modernist architecture by Peter Womersley, who also gave us the Gala Fairydean Rovers Spectators Stand, which is widely recognised as Scotland's finest example of Modernist Brutalist architecture. It was built in 1972 as a creative hub for Bernat Klein, a key figure in Modernist design and one of the 20th century's most celebrated textile designers. Conceived as a workspace for design, weaving, exhibiting samples and business meetings, it celebrated the intersection of industrial craftsmanship and artistic vision. READ MORE: Village church for sale as congregation search for new home Shuna Island owned by same family for 80 years goes on sale Home on 'most picturesque street in Glasgow' hits the market for £495k The building was designed to connect harmoniously with its setting on the sloping wooded site; the severe horizontality of the concrete elements succeed in contrasting with the verticals of the trees around it. The Studio won a RIBA award in 1973 for its design and exemplary use and combination of the materials of concrete, brick, steel and glass. It was also awarded the Edinbugh Architectural Association Centenary Medal. It sits near High Sunderland, Klein's own home, which was also built by Peter Womersley - in 1958 - and is recognised as one of Scotland's finest modernist homes. Sold in the early 1990s, the Bernat Klein Studio served as office space until the early 2000s when it was acquired with the idea of converting it into a residential dwelling. After an initial positive flurry of development activity, the Studio has spent most of the 21st century awaiting this repurposing. The category A-Listed building has also been subjected to vandalism and water ingress in recent years and is currently on the Buildings At Risk register. Bernat Klein Studio (Image: Phil Wilkinson) In 2018, a group of people with passion for the work of Peter Womersley launched the campaign to raise awareness of the Studio and its architectural, cultural and historical importance. Historic Environment Scotland (HES) describe it as a "late Modernist horizontally styled two-storey rectangular-plan concrete and glazed studio space set on brick plinth with cantilevered overhanging upper floor, entrance bridge to side and central brick service core through to roof". Outlining the reasons why it is considered to be of special architectural, HES adds: "The Studio is a very fine sculptural late Modernist building designed by Peter Womersley, the internationally renowned Borders-based architect. The contrasting structural elements of bold horizontal cantilevered striated concrete join with finely framed vertical glazing to illustrate a monumental sensibility executed with sophistication and with great attention to detail. The studio design displays elements of Frank Lloyd Wright's Falling Water, the seminal project which Womersley himself admitted inspired him to take up a career in architecture in his teens." Serbian-born Klein settled in the Scottish Borders after the Second World War, setting up a textile business in Galashiels which would go on to supply his innovative fabrics to some of Europe's top fashion houses. Bernat Klein was one of the 20th century's most celebrated textile designers (Image: Phil Wilkinson) Regarded as one of the 20th century's leading forces in Modernist design, Klein's genius eye for design transformed British textiles over four decades: clients from Chanel and Christian Dior to Marks and Spencer craved his colourful tweeds, and the fabrics and yarns he designed were worn by superstar models such as Jean Shrimpton and Princess Margaret. At the peak of his popularity, his Borders mill employed 600 people, and his fingerprints were on everything from skeins of yarn sold in high street wool shops – to be knitted at home according to patterns designed by his designer wife, Margaret – to sewing patterns, upholstery fabrics and colourful rugs, to ready-to-wear fashion. Fashion bible Vogue praised him for having 'revolutionised traditional English fabrics to win them new recognition abroad'. Following his death at the age of 91 in 2014, The Royal Incorporation of Architects in Scotland (RIAS) said his influence went "well beyond Scotland". RIAS secretary Neil Baxter also pointed out that "for a generation of Scottish women, owning a Bernat Klein creation was an aspiration". In late 2022 and early 2023, The National Museum of Scotland held a major exhibition devoted to the life and career of Klein to mark the centenary of his birth. The Bernat Klein Studio is listed for auction with a guide price of £18,000. For more information on the auction, visit the Savills website
STV News
5 days ago
- General
- STV News
Sinkhole at historic fort putting sea wall at risk of 'catastrophic collapse'
Part of the historic Fort George in the Highlands is at risk of collapsing into the sea due to a sinkhole. The historic fort, in the Moray Firth near Inverness, was constructed in 1769 and is still used as an army base and a tourist attraction. Coastal erosion of the sea has caused a sinkhole to open near the north-east perimeter wall at the barracks. Historic Environment Scotland (HES) has submitted plans for 'emergency work' as the sea wall is at 'a significant risk of a catastrophic collapse'. STV News To avoid the collapse, their proposal suggests using concrete to fill the sinkhole and strengthening the sea wall. HES recently undertook similar work in partnership with the Ministry of Defence on another part of the sea wall nearby as they try to keep pace with coastal erosion. Public access to the fort has not been affected. Fort George was an artillery fort built by the Government in the aftermath of the Jacobite rising in 1745 and has remained 'unaltered' since its completion. The fort is a category A listed building and is described as one of the finest examples of 18th-century military engineering in the British Isles. STV News A HES spokesperson said: 'In line with other parts of Scotland, coastal erosion and lowering of beach levels is affecting the Moray Firth. 'Concrete underpinning works took place in late 2024, which allowed for our Stonemasons and Labourers to safely carry out localised repairs to the existing stone wall and associated landscaping. 'This previously caused localised scouring (the erosion of soil) in the vicinity of the Place of Arms at Fort George, commonly known as the Dog Cemetery. 'Since then, we have been made aware of a further area of localised scouring at the North Glacis sea wall. 'This area has been fenced off and we are in discussions with the Ministry of Defence regarding remedial works.' Get all the latest news from around the country Follow STV News Scan the QR code on your mobile device for all the latest news from around the country
