Latest news with #TCA
Time of India
2 hours ago
- Politics
- Time of India
Hyderabad Cricket Association's (HCA) prez, treasurer & CEO held for forgery, graft over fake membership; Rs 2.32 crore fund misuse
HCA president Jagan Mohan Rao, CEO Suneel Kante & treasurer Srinivas Rao HYDERABAD: In a move that took many in the cricket world by surprise, police on Wednesday arrested five people, including three of the senior-most office bearers of the Hyderabad Cricket Association (HCA), in a case of forgery and misappropriation of funds. Among those arrested are president A Jagan Mohan Rao, treasurer CJ Srinivas Rao and CEO Suneel Kante. Two top executives of a city-based cricket club too have been arrested. The role of another senior HCA office bearer is being probed but he was not arrested till late evening on Wednesday. Based on a complaint by Dharam Gurava Reddy, general secretary of the Telangana Cricket Association (TCA), filed on June 9, 2025, the CID registered a case under sections 465 (punishment for forgery), 468 (forgery for the purpose of cheating), 471 (using as genuine a forged document or electronic record), 403 (dishonest misappropriation of property), 409 (criminal breach of trust by public servant, or by banker, merchant or agent), 420 (cheating) read with 34 (common intention). TCA is not recognised by the BCCI. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Sources added the investigators also took into account the findings of a vigilance and enforcement wing inquiry report on allegations against the HCA president and other office bearers of harassing the Sunrisers Hyderabad (SRH) management for free tickets during the recently concluded IPL. 'HCA chief Jagan contested election with forged docus' The complainant alleged that Jagan Mohan Rao contested the HCA elections using a forged document. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If you have a mouse, play this game for 1 minute Navy Quest Undo It was also alleged that Jagan Mohan Rao, along with some HCA apex council members, misappropriated Rs 2.32 crore from the association. CID officials told TOI that during their probe, they discovered Jagan Mohan Rao had used a forged cricket club membership to qualify for the 2023 HCA elections. "Rao furnished a forged membership of Gowlipura Cricket Club (rechristened as Srichakra Cricket Club) to contest in the elections and won," said a CID official. The CID arrested Gowlipura Cricket Club president G Kavita and her husband Rajender Yadav, who is the general secretary of the club, for aiding Jagan Mohan Rao in committing the offence. CID officials alleged that Rao, along with Srinivas and Kante, who are apex council members of HCA, misappropriated funds under the guise of official duties. CID teams picked up Jagan Mohan Rao from his residence in Gachibowli, Srinivas from Padma Rao Nagar, and Suneel Kante from Begumpet on Wednesday night. Their family members were showed arrest notices. Rajender Yadav and Kavita were taken into custody later in the night. HCA had copped a lot of flak this IPL season over the issue of making excessive demands for complimentary passes. SRH had caused a stir when they alleged ill treatment by HCA and threatened to shift their operations out of the city. The team management had alleged that as against the agreement of giving 3,900 complimentary passes to the association for every match - 10% of the stadium's capacity - the HCA president was asking for 20 more passes. The issue threatened to derail the match between SRH and Lucknow Super Giants (LSG) as the hosts alleged that the HCA president had locked up VIP box meant for LSG owners till hours before the match. CM A Revanth Reddy had asked senior IPS officer K Sreenivasa Reddy to investigate and file a report.
Bloomberg
26-06-2025
- Business
- Bloomberg
FX Trading Insights: Performance Strategies to Optimize & Thrive
Join us for a dynamic, expert-led webinar delving into the latest trends shaping FX markets, trading analytics and transaction cost analysis (TCA) across asset classes. In a market that is seeing increased volatility, competition and unprecedented impact, we will hear from Bloomberg Intelligence on the new normal in the FX market. In the context of a market increasingly driven by technology, where execution tools like algos and automation are rapidly evolving, our specialist will share perspectives on FX and how traders and investors can enhance performance through effective TCA. Reserve your place now. Speakers Stephen Chiu, CFA Chief Asia FX and Rates Strategist Bloomberg Intelligence Stephen Chiu has over 15 years of experience in research and trading in FX and Rates. Stephen joined Bloomberg Intelligence's FICC team in 2019 and built out the Asia FX and rates coverage. He involves in expanding the company's global franchise heavily and he was promoted to Chief Asia FX and Rates Strategist in 2021. Prior joining Bloomberg, Stephen demonstrated his FX/rates trading and research expertise at Bank of Tokyo-Mitsubishi UFJ. (2010-2016) and advanced his FX research career at China Construction Bank (Asia) (2016-2019). Stephen holds a Bachelor's degree in Physics (First Class Honours) from the University of Oxford, a Master's degree in Finance (Distinction) from Imperial College London and a Chartered Financial Analyst (CFA) membership. Yerson Arvelo BTCA Product Manager Bloomberg Yerson is a Product Manager for the BTCA product. He has over 10 years of experience spanning a variety of roles within Bloomberg's electronic trading business, specializing primarily on Transaction Cost Analysis and Trade Surveillance. Yerson is currently focused on improving BTCA's FX product offering and enhancing the overall user experience.
Bloomberg
25-06-2025
- Business
- Bloomberg
Can post-trade TCA help redefine the relationship between traders and PMs?
TCA as strategic insight TCA documents trade performance by presenting execution results and costs. The insights add a useful perspective to everyday conversations – proof of what worked and clear improvements to achieve better outcomes. Using a data-driven approach and capturing context across a fully decomposed order lifecycle from decision to final execution allows traders to explain the narrative of an order within the context of the order characteristics and market conditions. This allows the conversations to isolate and distinguish between execution challenges, unforeseen market movements and internal routing and order handling impacts. Let's imagine a common scenario: measuring the opportunity cost from the time an order is created to the time it arrives on the trader's pad for execution can reveal insights that could improve internal process, or calculating slippage in the context of related index moves can provide valuable relative performance perspective. Such observations can highlight issues of adverse selection. Looking at pre-trade momentum bias across orders can reveal clues to a trader about optimal aggression levels in their implementation of a strategy. Repeated exposure to TCA data can empower a PM to better consider the trading implications of the investment goal and engage in realistic implicit costs rather than paper returns. They can therefore provide more plausible input to traders. Conversely traders can gain data driven insights that can help them to provide appropriate market color at the right time potentially leading to better selection of trading strategy to meet the bigger picture of the investment goal. TCA as a discipline can therefore provide a common frame of reference for constructive discussions between both groups, increasing trust in each other's contribution to the overall outcome. Sounds appealing but is it always a plausible method? Beyond TCA When applied too rigidly or without considering context, TCA can strain the relationships it's meant to enhance. A prevalent concern would be pedantry and scrutiny – if every trade is analyzed beyond reason, traders usually feel unnecessary pressure, micromanaged with less autonomy and therefore inhibited from natural decision-making. Ultimately TCA is constrained by the ability to observe and reconstruct the lifecycle of a trade and compare it to the view of accessible liquidity and price. For much of the analysis there are solid data points to use but there are obvious limitations. For example, intra-order changes of sentiment leading to changes in trading strategy or things that cannot be captured electronically such as conversations between Traders/PM which impact activity that go unrecorded. It is therefore appropriate to use TCA in conjunction with good judgement and acceptance that it can only be part of the answer. It allows traders to anticipate a PM's momentum bias for given conditions, which can be controversial if not handled sensitively. For both traders and PMs, there is a risk that over-reliance or inappropriate use of TCA may result in developing a short-term focus rather than a long- term plan. TCA, when also considering a desk's DNA and vision, can transform relationships between stakeholders. What is important is to derive suitable patterns and information from its data driven insights and to equip communication between traders and PMs with storytelling and a quantified muscle memory that makes every transaction seamless and well understood.
Yahoo
24-06-2025
- Business
- Yahoo
Wyld Officially Joins The Conservation Alliance, Becoming First Cannabis Brand to Reach Pinnacle Status
Committed to Annual Donations, Wyld Backs Collective Business Efforts to Safeguard North America's Public Lands and Natural Ecosystems PORTLAND, Ore., June 24, 2025 /PRNewswire/ -- Wyld, the nation's best-selling cannabis edibles brand, has officially joined The Conservation Alliance (TCA) as a Pinnacle Member and the first cannabis brand at this level of membership. The move deepens Wyld's commitment to conservation, aligning its purpose-driven business model with one of the most influential coalitions of outdoor and environmental advocates in North America. "Wyld is proud to have joined The Conservation Alliance, alongside brands that have inspired our own environmental journey, to generate larger collective impacts for the wild places that we care about and work to protect," said Aaron Morris, CEO and Founder of Wyld. "Creating a pathway for profits to support environmental conservation efforts on a large scale was my #1 goal in starting Wyld, and I'm confident that the TCA's expertise, advocacy and intentionality will help us do just that." As a Pinnacle Member, Wyld is pledging funds and advocating for the protection of wild landscapes and biodiversity across North America. This membership is guided by Wyld's broader Pillars of Commitment, which define the company's corporate social responsibility values. One of those pillars—Environmental Sustainability—prioritizes conservation funding, renewable energy adoption, waste reduction and education about sustainable practices. Wyld joins a coalition of more than 200 companies that leverage their revenue to drive lasting conservation impact. Through this membership, Wyld will support grassroots organizations, policy initiatives and collective action campaigns that protect public lands, wildlife corridors and outdoor access for future generations. For more information, please visit About WyldKnown as America's favorite edible, Wyld is a boundary-pushing cannabis brand that has been driving market innovation since 2016. Crafted by our expert food scientists, Wyld blends real fruit juice with cannabinoids and natural ingredients to create a unique collection of uplifting, balanced and relaxing focus areas. Dedicated to creating a brand and product that makes choosing to feel good a point of everyday pride, Wyld is devoted to fostering a cleaner environment, empowering communities and championing social justice. Their operations span both the U.S. and Canada, with availability continuing to expand across the THC and CBD sectors. Learn more: About The Conservation AllianceThe Conservation Alliance harnesses the power of businesses from a wide range of industries to protect outdoor spaces and wild places. TCA drives a proactive agenda to protect nature utilizing strategic advocacy and grantmaking, leveraging business influence, and building deep partnerships with grassroots organizations and local communities to collectively deliver high-impact conservation outcomes across North America. Learn more at View original content to download multimedia: SOURCE Wyld 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
Otago Daily Times
18-06-2025
- Entertainment
- Otago Daily Times
Absorbing, witty love story
Director: Celine Song Cast: Dakota Johnson, Chris Evans, Pedro Pascal, Lindsey Broad, Marin Ireland, Louisa Jacobson, Dasha Nekrasova, Sawyer Spielberg, Zoe Winters Rating (M) Sealed with a kiss? How about a handshake? That's how Lucy (Dakota Johnson) prefers to do business when it comes to matters of the heart, whether breaking up or making up. As a professional matchmaker, she approaches every potential connection as a deal to be made. Celine Song's sophomore feature draws on the writer/director's own experience as a matchmaker, so this romance about the art of the deal is grounded in details that could only come from witnessing the trade firsthand: the outsize expectations, specific requirements, small disappointments and big crises. Lucy is a bride whisperer but what about her own love life? Enter Harry (Pedro Pascal), the debonair brother-in-law of one of her clients. He's a unicorn: wealthy, handsome, a full head of hair, and most importantly, tall (according to the lists of requirements rattled off by Lucy's clients). Lucy tries to recruit him for work, but he only has eyes for her. She hesitates. Enter John (Chris Evans), a hunky waiter who delivers her preferred drink before she can order it. He's Lucy's past and the source of her romantic hangups. Soon, a love triangle is afoot. They don't make them like this any more, with smart, witty dialogue and relatable yet aspirational characters. Song's script is note-perfect, the dialogue delivered earnestly and with feeling. But on a structural level, there are a few transitions where Song pushes the dramatic stakes, and the strain shows. These narrative wobbles, coupled with a curious, somewhat silly choice for a bookend are the imperfections on the surface of Materialists. But such is Song's ability to craft a transporting love story that the flaws are easy to forgive. As Lucy discovers, love isn't a problem that can be perfectly solved. Sometimes, the wrong numbers add up. — TCA. Review by Katie Walsh
