Latest news with #NISA
Hindustan Times
4 days ago
- Hindustan Times
4 students held for stabbing principal in Hisar
Hansi police on Friday apprehended four students for allegedly stabbing to death a 50-year-old private school principal in Hisar's Bass village after he asked them to get haircuts, dress properly, and follow discipline. Hansi superintendent of police (SP) Amit Yashvardha during a media conference on Friday. (HT Photo) According to police, the accused boys—aged 15 and 16—are students of Kartar Memorial Senior Secondary School in Bass village, located in Hansi subdivision, about 26 km from Hisar. They attacked principal Jagbir Pannu, a resident of Puthi Saman village, with knives during his morning rounds on Thursday. Hansi superintendent of police (SP) Amit Yashvardhan said the boys were angry over repeated scoldings from the principal. They were caught on Friday from a bus stand in Mundhal village in Bhiwani district, around 15 km from the school. 'All four were in school uniform at the time of arrest. They were upset because the principal often asked them to trim their hair, keep their shirts tucked in, and avoid drug use. He had earlier warned them not to carry banned items in their school bags. Believing he held a personal grudge, they planned the attack. Two carried out the stabbing, while the other two were involved in the conspiracy,' he said. Police said the accused took responsibility for the attack and posted it to social media and even threatened to harm Pannu's son next if they were not paid ₹10 lakh. Authorities said the boys would be sent to a safe house by evening. Teachers, speaking on condition of anonymity, said Pannu had warned the students multiple times about smoking and keeping untrimmed hair, but they ignored his instructions. 'After stabbing the principal, the boys left their school bags in the classroom. A mobile phone and two energy drinks were found in one of the bags,' a police officer added. School body demands 'safety law' after principal's murder in Hisar, plans statewide protests A day after a school principal was allegedly murdered by a group of students in Hisar, the National Independent Schools Alliance (NISA) strongly condemned the incident and called for the enactment of a 'school safety law' to protect teachers and school administrators in Haryana. In response to the shocking incident, NISA announced statewide protests to press for their demand. The alliance's national president, Kulbhushan Sharma, said the murder has deeply shaken the education community, especially since it occurred on the day of Guru Purnima, a festival dedicated to teachers. 'It is disheartening that neither the state government nor opposition leaders have expressed any condolences over such a grave tragedy,' Sharma said. 'Teachers across the state are now gripped by fear. How can we carry out our duties in such an environment?' As a mark of protest, member schools of the alliance observed a 'Black Day' by wearing black armbands. He added that NISA plans to organise demonstrations in every district and submit memorandums to the chief minister through respective deputy commissioners and superintendents of police. The key demand is the implementation of a school safety law to ensure a secure teaching environment. 'Providing a safe space for educators is essential if we want schools to continue contributing meaningfully to the progress of the state and the nation,' Sharma stated.
Bloomberg
04-07-2025
- Business
- Bloomberg
Japan Sees Biggest Jump on Record in Individual Shareholdings
The number of individual shareholdings in Japan surged 12% to a fresh record of 83.6 million last fiscal year as the country's tax-free NISA savings program expanded and people were able to invest smaller amounts of money. That's an increase of 9.14 million from the previous year, according to an annual share ownership survey by Japan Exchange Group Inc., or JPX, which runs the country's major bourses. It's also the biggest jump in the number of individual holdings since it started compiling the data in 1949.
Bangkok Post
30-06-2025
- Business
- Bangkok Post
Savings scheme awaits nod
The Finance Ministry has yet to approve a long-term investment tax benefit for the Thailand Individual Savings Account (TISA) scheme, as proposed by the Stock Exchange of Thailand (SET), posing a stumbling block to the bourse's Jump+ initiative. The TISA proposal, modelled on Japan's Nippon Individual Savings Account (NISA) scheme, is seen as a crucial complement to the Jump+ initiative, which targets retail investor participation by offering tax exemptions. However, the Finance Ministry has yet to confirm its support for the scheme, said SET president Asadej Kongsiri. The Jump+ initiative is a three-year development programme to support listed companies in the areas of sustainability and growth from 2026-2028. With a 550-million-baht grant from the Capital Market Development Fund (CMDF), each participant is expected to receive up to 5 million baht in support to hire advisors and experts, as well as initial seed capital of 3 million baht per project. The Securities and Exchange Commission (SEC) launched its Corporate Value Up programme to complement Jump+, aiming to bolster listed companies' long-term value and investor confidence as well as increase trading liquidity. The SEC's programme seeks to enhance long-term corporate value through outstanding governance, tied directly to incentives provided through the Thai ESG and Thai ESG Extra funds. "We believe Jump+ will enhance the appeal of Thailand's capital market. We expect around 100 listed companies to join in the first year of implementation, and qualifying firms may later enter the Corporate Value Up programme if they meet the SEC's criteria," said Mr Asadej. Pornanong Budsaratragoon, secretary-general of the SEC, said Asian capital markets face challenges related to returns and investor confidence. Several countries including Thailand are turning to long-term value creation frameworks such as the Value Up programme to enhance corporate governance and shareholder value. "Thailand stands at a pivotal crossroads. If we want our listed companies to be sustainable drivers of the economy, transitioning to our 'Value Up' approach is essential," said Mrs Pornanong. Amnouy Jiramahapoka, executive vice-president of the SET, stressed the urgency behind Jump+. "Trading liquidity in the Thai stock market has plummeted 60-70% over the past 4-5 years, dropping from an average of 80-100 billion baht to just 30-40 billion baht per day," he said. This prompted the bourse to adopt successful models from Japan and South Korea to stimulate a market recovery, said Mr Amnouy. South Korea's corporate value initiative had more than 100 large firms participate, focusing on sustainable growth and governance. Meanwhile, Japan's NISA programme lifted investor demand through tax incentives for long-term retail investment. Chavinda Hanratanakool, chairwoman of the Association of Investment Management Companies, welcomed the initiatives, noting they are likely to attract attention small and mid-cap firms. "The SET's role as host and the SEC's involvement adds confidence to the investment process. Last year 13 listed firms faced corporate governance-related issues, affecting investor trust," she said. Somsak Sirichainarumitr, chief executive of Asset Pro Management, a financial advisory, said the initiatives offer a timely opportunity for listed companies amid volatile market conditions. Most investment projects take about three years to deliver returns, he said. Five to six firms have approached Asset Pro for consultations under the Jump+ programme, said Mr Somsak. By fostering sustainable governance and offering real capital support, the SEC and SET are laying the foundations for a more resilient and attractive capital market -- following global best practices but adapted to local needs, he said.
Time of India
27-06-2025
- Time of India
CBI takes over Rs 60L CISF pension fraud case from Telangana police; ED also investigating money laundering angle
HYDERABAD: The Central Bureau of Investigation (CBI), ACB, Hyderabad, has officially taken over the probe into siphoning of Rs 60 lakh from New Pension Scheme (NPS) accounts of Central Industrial Security Force (CISF) personnel. This follows a request from the Telangana director general of police and inspector general of CISF, National Industrial Security Academy (NISA), Hyderabad. The case was first registered at the Jawaharnagar police station under the Rachakonda police commissionerate on April 18, 2023, based on a complaint filed by CISF, NISA. The accused, Roop Singh Meena, then serving as head constable/clerk and now promoted to assistant sub-inspector at NISA, allegedly diverted NPS Tier-1 contributions into 72 dormant accounts. The misappropriated funds included contributions from both employees and the CDDO NISA, Hyderabad. In addition to the dormant accounts, funds were also traced to active NPS accounts of CISF personnel posted in Hyderabad and NTPC Dadri (Uttar Pradesh), according to CISF. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad With the Telangana govt issuing consent under the Section 6 of the DSPE Act on June 6, 2025, and the department of personnel & training following up with a notification under Section 5 on June 19, 2025, the case now falls under CBI's jurisdiction. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like (46만원 지원할인) 모발이식 500모 49.5만원 지원할인 모발이식 더 알아보기 Undo A parallel investigation is also underway by the Enforcement Directorate, which has booked Meena under money laundering charges linked to the same transactions. Further, the competent authority granted permission under the Section 17A of the Prevention of Corruption Act, enabling CBI to proceed against Meena, as per a letter dated January 31, 2025. CBI registered a fresh FIR citing offences under the Sections 409 (Criminal Breach of Trust) and 420 (Cheating) of the Indian Penal Code against Meena and others.
Yahoo
18-06-2025
- Business
- Yahoo
Statkraft strengthens core activities and competitiveness following strategic review
Statkraft, Europe's largest producer of renewable energy, will further strengthen its core competitive advantages by prioritising its flexible hydropower fleet in the Nordics, industry-leading market operations – and solar, wind and battery activities in Europe and South America. Last year, after Birgitte Ringstad Vartdal took over as CEO, Statkraft sharpened the company's strategy by focusing on fewer technologies and markets to build scale and strengthen competitiveness and value creation. While the underlying drivers remain strong, the energy transition is moving at a slower pace due to increased global uncertainty, higher costs and lower power prices. The new strategy continues to focus on core activities, placing near term cash flow over volume growth, and reducing complexity and cost. 'By concentrating on our core competitive advantages and prioritising investments in near term profitable opportunities, we will be able to continue our growth and value creation, while contributing significantly to the energy security and energy transition," says Statkraft President and CEO Birgitte Ringstad Vartdal. The company has an ambition to invest NOK 16–20 billion annually in the coming years, including large hydropower capacity upgrades in Norway, and maintenance of the large operational asset fleet and onshore wind power developments in Sweden and Norway. In Europe and South America, Statkraft has a large pipeline of projects and will continue to grow in solar, wind, batteries and grid services, but at a lower growth rate than previously planned. As announced in May, Statkraft will stop new development of hydrogen projects. In offshore wind, Statkraft will stop further activities in new projects, including the upcoming allocation round of Utsira Nord in Norway. Development of the North Irish Sea Array (NISA) project will however continue. Statkraft has also decided to assess its investment position in solar, wind and batteries in Poland and will close down development activities in Portugal. The market activities will continue in both countries. 'At this time, Statkraft will prioritise our financial capacity on near term profitable technologies, such as solar, wind and batteries in fewer markets. We have been successful in developing an attractive portfolio in several European markets. As we need to prioritise, parts of the portfolio will benefit from getting new owners. Offshore wind will play an important role in the power mix in Europe, but the pace of development of the industry has been slower than previously forecasted, and this has impacted the ability to drive down costs in the short term,' Vartdal says. These measures will be in addition to the previously announced and ongoing divestment processes for e.g. the district heating and biofuels activities in the Nordics, the development business in Croatia and the Netherlands, and the business activities in India. By focusing on fewer technologies and countries, Statkraft aims to decrease the complexity of the company and reduce payroll and other operating expenses with around NOK 2.9 billion annually by 2027. This is a 15 percent reduction compared to the estimate for 2025. The exact cost efficiency measures, including redundancies, will be identified through the annual business planning process that takes place in the second half of the year. 'Statkraft needs to adapt to the changing market and increased geopolitical uncertainty. Unfortunately, this also impacts our most important asset: Our people. We will do what we can to limit uncertainty and mitigate negative effects on employees,' says Vartdal. Statkraft has delivered strong value creation, paid NOK 59 billion in dividend to the owner and more than doubled its equity value to well over NOK 300 billion since 2018. 'Statkraft's portfolio of complementary renewable technologies across regions, coupled with deep market understanding, gives us a strong position to continue our value creation, contribute to energy security, and play an important role in the energy transition. As we mark Statkraft's 130th anniversary this year, we are keeping a long-term perspective. Although the ongoing geopolitical challenges might delay the energy transition, it will not stop it," says Vartdal. For further information, please contact: Media:International Media Relations Lead, Marte Lerberg Kopstad, tel: +47 995 22 026, e-mail: mlk@ of Norway Media Relations, Andreas Tinglum, tel +47 930 01 773, e-mail: Debt Capital Markets: Vice President Stephan Skaane, tel: +47 905 13 652, e-mail: Financial Advisor Arild Ratikainen, tel: +47 971 74 132, e-mail: or About StatkraftStatkraft is a leading company in hydropower internationally and Europe's largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has around 7,000 employees in more than 20 countries. 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
