Latest news with #assurance
Barnama
19 hours ago
- Business
- Barnama
Bursa Malaysia Gains At Midday As Fuel Price Assurance Boosts Consumer Stocks
WORLD KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia ended the morning trading session in positive territory, supported by buying in selected counters, led by 99 SpeedMart, CIMB and Maybank. Prime Minister Datuk Seri Anwar Ibrahim has given assurance that the price of RON95 petrol will drop to RM1.99 per litre following the implementation of targeted fuel subsidies -- a move that is likely to favour consumer-related stocks, with 99 Speedmart among the top gainers. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) garnered 4.89 points to 1,524.29, compared to yesterday's close of 1,519.48. At the opening bell, the benchmark index was 0.08 of-a-point higher at 1,519.48, and moved up to a high of 1,525.99 during the session. Across the broader market, gainers surpassed losers 454 to 398, while 455 counters were unchanged, 1,172 untraded and seven suspended. Turnover stood at 2.06 billion units worth RM1.06 billion. In a research note, Malacca Securities Sdn Bhd said it expects Bursa Malaysia to be in cautious mode following Wall Street's mixed performance. 'We expect a similar sentiment on the local front due to the recent investigations on several data centre projects. 'However, we believe this may provide a decent buy-on-dip opportunity in Sunway Construction and Sunway Group and other data centre-related counters, underpinned by their strong fundamentals and solid order book secured,' it said.
Fashion Value Chain
5 days ago
- Business
- Fashion Value Chain
Tanishq Launches Diamond Expertise Centre with De Beers
Tanishq, India's leading jewellery brand, has partnered with De Beers Group to introduce the Tanishq Diamonds Expertise Centre — a pioneering initiative designed to revolutionize diamond retail by placing knowledge, trust, and transparency at the forefront of the buying experience. This in-store centre empowers customers to evaluate natural diamonds using cutting-edge technology, addressing a long-standing need for clarity and assurance in diamond purchasing. Through this initiative, Tanishq is reshaping how diamonds are understood and chosen, ensuring that every customer engages with the gem's brilliance, authenticity, and craftsmanship on their own terms. The centre uses five advanced tools to assess key diamond characteristics such as light performance, origin, inclusions, and laser markings. Tools like Lightscope and SynthDetect offer scientific insights into a diamond's sparkle and authenticity, eliminating ambiguity from the buying process. By making gemological data visually accessible and easy to understand, Tanishq ensures customers make informed, confident decisions. The launch was celebrated with a gala in Mumbai attended by over 150 guests, including celebrities Sushmita Sen, Fatima Sana Shaikh, and Sapna Pabbi. Guests explored Tanishq's signature collections including Ethereal Wonders and Radiance In Rhythm, the latter of which debuted at Paris Couture Week. The evening culminated in a striking fashion showcase, presenting the evolution of Tanishq's craftsmanship and design legacy. Ajoy Chawla, CEO of Tanishq, Titan Company Ltd., remarked, 'This launch sets a new standard in diamond retail. We're committed to making diamond buying transparent, educational, and empowering through real-time data and expert guidance.' Amit Pratihari, Managing Director, De Beers India, added, 'This collaboration is a milestone in creating an authentic diamond experience — one that is real, rare, and responsible. With advanced tech now in stores, we aim to build lasting trust and elevate the natural diamond journey for Indian consumers.'
ITV News
6 days ago
- ITV News
Prison illegally detaining inmates after release date put in special measures
Prisoners have been illegally detained longer than their release date and held in 'frightening' conditions at a cockroach-infested jail put into special measures by a watchdog. Chief inspector of prisons Charlie Taylor has served an urgent notification on HMP Pentonville after an inspection discovered many inmates have been kept in prison after they should have been freed because staff 'failed to calculate sentences accurately'. The watchdog said data from the prison showed 130 inmates – 20% of those eligible for release – had been held illegally after their release date in the last six months. The backlog in sentencing calculations also meant 10 prisoners had been released early 'in error' between July 2024 and June 2025. In a letter to the Justice Secretary, the chief inspector said arrangements for new prisoners' first night at the north London jail and induction were 'chaotic and even frightening'. Men were held in dirty cells missing bedding, furniture, telephones and pillows, the watchdog said, while the majority of prisoners were locked in their cells for more than 22 hours a day. The report also said 60% of prisoners were sharing cells that were designed for one person, many living areas were dirty and there was a widespread infestation of mice and cockroaches. Inspectors took emergency action after they found care of vulnerable prisoners under constant supervision was 'shockingly poor', with one prison officer found asleep, two were reading books and another was 'completely absent'. The 'unacceptable practices' in looking after these prisoners, deemed at serious risk of self-harm, were a particular concern for inspectors given three suicides at the jail in 2025. Mr Taylor said: 'Pentonville is an overcrowded, inner-city, Victorian prison with a record of poor performance over many years. 'Too many of its staff have become disillusioned about the possibility of improvement or their capacity to affect change. Yet many of its shocking failures are firmly within the control of leaders. 'The governor will need significant support and investment from HM Prison and Probation Service to strengthen his senior leadership team, re-focus on the basics, and put in place effective oversight and assurance systems to turn this failing prison around.' A survey of prisoners also revealed 44% told inspectors they felt unsafe at the time of inspection, which the watchdog said was the highest figure recorded during his tenure as chief inspector. Pentonville is the 10th prison to be issued with an urgent notification since November 2022, following Exeter, Cookham Wood Young Offender Institution, Woodhill, Bedford, Wandsworth, Rochester, Manchester and Winchester prisons. The emergency measure was introduced in 2017 as a way to raise immediate concerns following an inspection, which requires a response and action plan by the Justice Secretary within 28 days. Elsewhere, the inspector's report also found when releases were planned, 23% of those prisoners were homeless on the day they were released, and very few had employment on release. Reacting to the urgent notification, Prison Reform Trust chief executive Pia Sinha said: 'Prisoners illegally held after they should have been released, or others released early in error, further undermine effective sentence planning and erode public confidence. 'This urgent notification must be a rallying cry for immediate action – fix the failing infrastructure, improve staff training, and treat prisoners with dignity.' Andrew Neilson, director of campaigns at the Howard League for Penal Reform, said the findings of the inspection were 'outrageous' and represent a 'new low' for an overcrowded public service on the brink of collapse. He added: 'While the Government inherited a dire state of affairs in prisons, it has had more than a year to bring about change. 'As report cards go, such a dire account of dysfunction in Pentonville instils little confidence that ministers have a grip of the situation.' Prisons minister Lord James Timpson said he visited the prison on Thursday, where the team is already working to urgently address the concerns raised by the chief inspector. An action plan will also be published in the coming weeks to support the efforts. Lord Timpson said: 'This Government will end the chaos we inherited in our jails. 'We are building 14,000 new prison places and reforming sentencing so our jails reduce reoffending, cut crime, and keep victims safe.'
North Wales Chronicle
6 days ago
- North Wales Chronicle
Prison illegally detaining inmates after release date put in special measures
Chief inspector of prisons Charlie Taylor has served an urgent notification on HMP Pentonville after an inspection discovered many inmates have been kept in prison after they should have been freed because staff 'failed to calculate sentences accurately'. The watchdog said data from the prison showed 130 inmates – 20% of those eligible for release – had been held illegally after their release date in the last six months. The backlog in sentencing calculations also meant 10 prisoners had been released early 'in error' between July 2024 and June 2025. In a letter to the Justice Secretary, the chief inspector said arrangements for new prisoners' first night at the north London jail and induction were 'chaotic and even frightening'. Men were held in dirty cells missing bedding, furniture, telephones and pillows, the watchdog said, while the majority of prisoners were locked in their cells for more than 22 hours a day. The report also said 60% of prisoners were sharing cells that were designed for one person, many living areas were dirty and there was a widespread infestation of mice and cockroaches. Inspectors took emergency action after they found care of vulnerable prisoners under constant supervision was 'shockingly poor', with one prison officer found asleep, two were reading books and another was 'completely absent'. The 'unacceptable practices' in looking after these prisoners, deemed at serious risk of self-harm, were a particular concern for inspectors given three suicides at the jail in 2025. Mr Taylor said: 'Pentonville is an overcrowded, inner-city, Victorian prison with a record of poor performance over many years. 'Too many of its staff have become disillusioned about the possibility of improvement or their capacity to affect change. Yet many of its shocking failures are firmly within the control of leaders. 'The governor will need significant support and investment from HM Prison and Probation Service to strengthen his senior leadership team, re-focus on the basics, and put in place effective oversight and assurance systems to turn this failing prison around.' A survey of prisoners also revealed 44% told inspectors they felt unsafe at the time of inspection, which the watchdog said was the highest figure recorded during his tenure as chief inspector. Pentonville is the 10th prison to be issued with an urgent notification since November 2022, following Exeter, Cookham Wood Young Offender Institution, Woodhill, Bedford, Wandsworth, Rochester, Manchester and Winchester prisons. The emergency measure was introduced in 2017 as a way to raise immediate concerns following an inspection, which requires a response and action plan by the Justice Secretary within 28 days. Elsewhere, the inspector's report also found when releases were planned, 23% of those prisoners were homeless on the day they were released, and very few had employment on release. Reacting to the urgent notification, Prison Reform Trust chief executive Pia Sinha said: 'Prisoners illegally held after they should have been released, or others released early in error, further undermine effective sentence planning and erode public confidence. 'This urgent notification must be a rallying cry for immediate action – fix the failing infrastructure, improve staff training, and treat prisoners with dignity.' Andrew Neilson, director of campaigns at the Howard League for Penal Reform, said the findings of the inspection were 'outrageous' and represent a 'new low' for an overcrowded public service on the brink of collapse. He added: 'While the Government inherited a dire state of affairs in prisons, it has had more than a year to bring about change. 'As report cards go, such a dire account of dysfunction in Pentonville instils little confidence that ministers have a grip of the situation.' Prisons minister Lord James Timpson said he visited the prison on Thursday, where the team is already working to urgently address the concerns raised by the chief inspector. An action plan will also be published in the coming weeks to support the efforts. Lord Timpson said: 'This Government will end the chaos we inherited in our jails. 'We are building 14,000 new prison places and reforming sentencing so our jails reduce reoffending, cut crime, and keep victims safe.'
Rhyl Journal
6 days ago
- Rhyl Journal
Prison illegally detaining inmates after release date put in special measures
Chief inspector of prisons Charlie Taylor has served an urgent notification on HMP Pentonville after an inspection discovered many inmates have been kept in prison after they should have been freed because staff 'failed to calculate sentences accurately'. The watchdog said data from the prison showed 130 inmates – 20% of those eligible for release – had been held illegally after their release date in the last six months. The backlog in sentencing calculations also meant 10 prisoners had been released early 'in error' between July 2024 and June 2025. In a letter to the Justice Secretary, the chief inspector said arrangements for new prisoners' first night at the north London jail and induction were 'chaotic and even frightening'. Men were held in dirty cells missing bedding, furniture, telephones and pillows, the watchdog said, while the majority of prisoners were locked in their cells for more than 22 hours a day. The report also said 60% of prisoners were sharing cells that were designed for one person, many living areas were dirty and there was a widespread infestation of mice and cockroaches. Inspectors took emergency action after they found care of vulnerable prisoners under constant supervision was 'shockingly poor', with one prison officer found asleep, two were reading books and another was 'completely absent'. The 'unacceptable practices' in looking after these prisoners, deemed at serious risk of self-harm, were a particular concern for inspectors given three suicides at the jail in 2025. Mr Taylor said: 'Pentonville is an overcrowded, inner-city, Victorian prison with a record of poor performance over many years. 'Too many of its staff have become disillusioned about the possibility of improvement or their capacity to affect change. Yet many of its shocking failures are firmly within the control of leaders. 'The governor will need significant support and investment from HM Prison and Probation Service to strengthen his senior leadership team, re-focus on the basics, and put in place effective oversight and assurance systems to turn this failing prison around.' A survey of prisoners also revealed 44% told inspectors they felt unsafe at the time of inspection, which the watchdog said was the highest figure recorded during his tenure as chief inspector. Pentonville is the 10th prison to be issued with an urgent notification since November 2022, following Exeter, Cookham Wood Young Offender Institution, Woodhill, Bedford, Wandsworth, Rochester, Manchester and Winchester prisons. The emergency measure was introduced in 2017 as a way to raise immediate concerns following an inspection, which requires a response and action plan by the Justice Secretary within 28 days. Elsewhere, the inspector's report also found when releases were planned, 23% of those prisoners were homeless on the day they were released, and very few had employment on release. Reacting to the urgent notification, Prison Reform Trust chief executive Pia Sinha said: 'Prisoners illegally held after they should have been released, or others released early in error, further undermine effective sentence planning and erode public confidence. 'This urgent notification must be a rallying cry for immediate action – fix the failing infrastructure, improve staff training, and treat prisoners with dignity.' Andrew Neilson, director of campaigns at the Howard League for Penal Reform, said the findings of the inspection were 'outrageous' and represent a 'new low' for an overcrowded public service on the brink of collapse. He added: 'While the Government inherited a dire state of affairs in prisons, it has had more than a year to bring about change. 'As report cards go, such a dire account of dysfunction in Pentonville instils little confidence that ministers have a grip of the situation.' Prisons minister Lord James Timpson said he visited the prison on Thursday, where the team is already working to urgently address the concerns raised by the chief inspector. An action plan will also be published in the coming weeks to support the efforts. Lord Timpson said: 'This Government will end the chaos we inherited in our jails. 'We are building 14,000 new prison places and reforming sentencing so our jails reduce reoffending, cut crime, and keep victims safe.'
