Latest news with #ASE
Ammon
a day ago
- Business
- Ammon
ASE index edges down 0.05% to close at 2,646 points
Ammon News - The Amman Stock Exchange (ASE) closed Thursday's trading session with a slight decline of 0.05 percent, ending at 2,646 points. Trading activity included approximately 1.9 million shares, with a total value of JOD 3.8 million executed through 2,120 transactions. Of the companies whose shares were traded, 27 recorded gains, 25 declined, and 30 remained unchanged. Petra
Motor 1
2 days ago
- Motor 1
‘PSA:' Expert Says This State Will Soon Change Its Speeding Law. Then He Reveals the Offense Will Carry Jail Time
Crabcakes and football are what Maryland is known for, as famously said in 'Wedding Crashers.' Well, soon it will also be known for this new speeding law that is going into place in October 2025. Max Frizalone (@frizwoods) recently shared a new Maryland law that will arrest people driving 30 miles per hour over the speed limit. This attorney's TikTok has more than 940,000 views as of this writing. What Is the New Speeding Law Going Into Place? 'Watch your speed, Maryland drivers,' Frizalone warns. Frizalone from FrizWoods Criminal Defense law firm reveals a new Maryland speeding law that leads to jail time. The Sergeant Patrick Kepp Act is set to take effect in October 2025. This new law imposes harsher penalties for reckless drivers. It includes the potential for up to 60 days in jail and a $1,000 fine for going 30 mph above the speed limit. The law 'will hold reckless drivers more accountable with stricter penalties and real consequences,' County Police Chief Marc Yamada said in a written statement . Currently, reckless driving and any form of speeding is a high ticket fine and points on your driver's record. However, the law is set to change and now carries jail time. The reclassification from high-tier speeding tickets into a criminal traffic offense punishable by jail time, fines, and points on your license will take place on October 1, 2025. This law is named after police officer Patrick Kepp , who lost both of his legs after a driver intentionally struck him at a speed of more than 100 mph. 'If you are going fast enough, you could be going in the back of the cruiser,' Max concludes in his post. Drivers Want Maryland to Raise Speed Limits Frizalone told Motor1 , 'I'd like to see the state's highway speeds increased as someone who drives across the state every day. The speed limit shouldn't feel like the minimum speed, but it does when it's as slow as 50 to 65 miles per hour on divided highways.' Maryland highway speed limits do vary across the state. Speed limits on highways in Maryland range from 50-70 mph. See below for specifications on speed limits: 30 mph on all highways in a business district and undivided highways in a residential district 35 mph on divided highways in a residential district 50 mph on other undivided highways 55 mph on other divided highways 70 mph on interstate highways and expressways 'I believe all highways should be 65 mph across the state,' Frizalone told Motor1 . 'They need to raise the speed limits already,' one TikTok commenter agreed. 'Maryland speed limits are so slow. It's actually insane,' another commenter added. Maryland Is Known for Slow Speed Limits and Speed Traps Maryland deployed the Safe Speed Automated Speed Enforcement Program (ASE) , which uses technology and cameras to catch drivers speeding. With this program, officers do not need to pull you over to give you a citation; it'll come to you in the mail. The two main areas where Maryland sets speed traps are in school zones and construction zones. These traps are sophisticated and clever. Maryland utilizes both fixed and mobile speed cameras. In school zones, Maryland uses ASE speed cameras to provide consistent enforcement where speeding is particularly treacherous. Having an officer chase down a speeding driver in a school zone is dangerous, so fixed speed cameras are placed. In addition, mobile cameras are disguised as SUVs and parked in any construction zones with a posted speed limit of 45 mph or higher. In other words, any construction taking place on a highway will have a mobile speed trap camera present. These cameras will ticket at 12 mph or more over the limit. The Maryland Road Worker Protection Act, passed in 2024, raised fines for speeding in work zones in 2025. As a former Maryland driver, I know firsthand how Maryland frequently sets up sneaky speed traps across the state. Between the speed cameras, parked SUVs, and the police officers hiding with speed guns, you were always on the lookout for these traps. With the number of laws and initiatives Maryland has recently put into place, it's safe to assume the speed limits won't rise anytime soon. Will This Law Change Driving Behavior? There is no denying the dangers of speeding and reckless driving. Ensuring safety amongst drivers is a top priority for any state. However, many drivers ignore speed limits on highways in Maryland. 'In Maryland the speed limit on highways doesn't matter. Accepted speed on the highway is 80 mph (despite that the actual speed limit is 70),' one Reddit post claims. Drivers are often encouraged to follow the flow of traffic when driving. In Maryland, the flow is usually over the speed limit. Maryland's Flow of Traffic Law requires drivers to move at a minimum speed noted on a sign on any given road. By driving under the speed limit, the potential for danger rises. You can even get a ticket for driving too slowly if it impedes the normal flow of traffic. With this in mind, drivers usually obey the flow of traffic and ignore speed limits. While on paper, the Sergeant Patrick Kepp Act is a great law to enforce, will Maryland drivers actually change their driving behavior? The comments section didn't make it seem so. 'The people questioning how one can go 30 over have clearly never driven in Maryland,' one TikTok commenter shared. 'On 95, the average speed is 85,' another shared. 'They also need a law that anyone going under the speed limit goes to jail for 60 days also,' one commenter joked. Reckless driving certainly isn't a laughing matter, considering the serious consequences that can occur. With laws like the Sergeant Patrick Kepp Act and using technology like ASE throughout school zones and construction zones, Maryland clearly desires safer roads. Whether drivers take this law seriously, only time will tell. Now Trending 'It's for Weight Reduction Ofc They Use Cheap Plastic:' Why Is the Interior of This $250K Lamborghini Crunchy to the Touch? Walmart Customer Catches Someone Stealing a Corvette in the Parking Lot. Then He Reports It to Security Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Ammon
2 days ago
- Business
- Ammon
ASE index drops 0.26%, ending at 2,647 points
Ammon News - The Amman Stock Exchange (ASE) closed Wednesday's trading session with a 0.26 percent decline, ending at 2,647 points. A total of 3.9 million shares were traded, with a transaction value of JD8 million across 1,965 deals. Out of the companies whose shares were traded, 29 recorded declines, 21 saw gains, and 29 remained unchanged. Petra
Economic Times
4 days ago
- Business
- Economic Times
Ravi Krishnan aims to blend sport, culture & commerce with new venture Abler Sports & Entertainment
In a changing sports and entertainment landscape, veteran sports marketer Ravi Krishnan is focusing on the intersection of intellectual property (IP), data, and popular culture through his new venture, Abler Sports & Entertainment (ASE).The veteran sports marketing executive aims to reimagine how sport and entertainment are consumed, monetised, and experienced—not just in India, but internationally. ASE is backed by a group of investors from media, technology, sports, and private equity. Notable investors in ASE include Suv Mohapatra, Managing Director at Accenture Singapore; Josh Liberman, Co-founder and Chairman of CVS Lane Capital Partners; Mike Dolan, former Chairman of IMG and former CEO of Bacardi; and Ashutosh Srivastava, former CEO of APAC at his early career at IMG South Asia to initiatives like the Sahara Cup and Lakmé Fashion Week, Krishnan has focused on innovation and long-term strategy. His latest venture centres on fan engagement, IP ownership, and a digital-first approach. He sees this as an opportunity for India to play a more prominent role in the global sports ecosystem. Krishnan's perspective is straightforward: sport remains one of the few true real-time entertainment experiences.'If you want to watch Royal Challengers Bengaluru play Punjab Kings, you need to watch it live. That urgency gives sport an edge,' he says. However, he notes that most digital engagement today still focuses on awareness, rather than driving he believes, is where his company comes in. It positions itself as an 'awareness-to-action' platform—where fan interaction leads to revenue generation, data-driven decision-making, and better returns for rights holders and sponsors.A central element of Krishnan's strategy is the creation and control of IP. 'Everyone wants to build value now,' he says. 'Celebrities don't want a one-time payout to generate $100 million in revenue for others. They want IP ownership.' He contrasts the long-term value of Lakmé Fashion Week, which he launched while at IMG with the Unilever brand as its title sponsor in 2000, with the more transactional nature of properties like the IPL, which has had several title sponsors over the years. His point: lasting IP creates long-term brand equity. Krishnan also sees growing interest in India from global rights holders. 'Manchester City doesn't need more fans in Manchester. They need to monetise fans in India, Indonesia, and Africa,' he argues that while many international entities highlight their Indian fan bases, few have been able to translate that interest into sustainable company seeks to help bridge that gap—supporting both foreign brands entering India and Indian brands looking to expand abroad. 'In the '80s it was Japan, in the '90s Korea, then China. India will make its mark on the globe even more substantially in the future.'With offices in London, Mumbai, San Francisco, and Melbourne, Krishnan describes his venture as a 'global business with an Indian heart.' This positioning, he believes, allows the company to serve as a conduit between Indian and international points to partnerships like Infosys at Grand Slams, TCS with global marathons, and Apollo Tyres with Manchester United as signs of India's increasing presence on the global sports stage.'Indian culture, IP, and commerce are poised for global relevance. And we want to be at the centre of it,' he sees significant untapped potential in women's sports. 'Women's sport is an absolute rising tide in the world of sports,' he says. From growing participation and audiences to rising sponsor interest, he expects the category to grow quickly. His company is already working with World Rugby on the Women's World Cup and integrating women-oriented content on its digital platform, Stepathlon. 'If companies have $100 to spend on sport, they won't spend it all on men in the future.' Another area Krishnan highlights is the 'festivalisation' of sport—blending athletic competition with music, fashion, and food to create a broader experience. 'The Australian Open is a festival with a tennis tournament,' he says. He sees the IPL as another example, having become more than just a cricket goal is to develop IPs that span platforms, cultures, and generations—not just as media products, but as cricket continues to dominate the Indian sports landscape, Krishnan is also exploring tennis, football, and multi-sport formats. He is particularly focused on creating properties that don't rely solely on traditional broadcast models, which he says are heavily tilted toward the IPL.'There's very little left for other leagues. We need to find alternative monetisation models—direct-to-consumer, sponsor-led, or data-driven,' he says. His company is also developing year-round engagement platforms, including non-live content and fan describes India as a 'head and heart' market, where success depends on local insights, cultural nuance, and long-term thinking. With most of the population under 25, he sees both an opportunity and a challenge: the demographic potential is there but remains also sees parallels with other emerging markets such as Africa and Latin Krishnan, sport is more than a business opportunity—it's a tool for positive change. His platform Stepathlon aims to address health challenges by encouraging physical activity.'Wellness is a $6.3 trillion industry. Sport is $500 billion. The connection between the two is undeniable,' he says. 'We use popular culture not just to entertain, but to heal, inspire, and mobilise communities.'Krishnan believes the coming decade could be pivotal for India in global sport and entertainment. He sees the potential to drive change through smart partnerships, IP creation, and a technology-first approach.'We're ambitious—quantitatively and qualitatively,' he says. 'Our goal is to be a thoughtful leader in a rapidly transforming global industry.'
Time of India
4 days ago
- Business
- Time of India
Ravi Krishnan aims to blend sport, culture & commerce with new venture Abler Sports & Entertainment
In a changing sports and entertainment landscape, veteran sports marketer Ravi Krishnan is focusing on the intersection of intellectual property (IP), data, and popular culture through his new venture, Abler Sports & Entertainment ( ASE ). The veteran sports marketing executive aims to reimagine how sport and entertainment are consumed, monetised, and experienced—not just in India, but internationally. ASE is backed by a group of investors from media, technology, sports, and private equity. Notable investors in ASE include Suv Mohapatra, Managing Director at Accenture Singapore; Josh Liberman, Co-founder and Chairman of CVS Lane Capital Partners; Mike Dolan, former Chairman of IMG and former CEO of Bacardi; and Ashutosh Srivastava, former CEO of APAC at GroupM. From his early career at IMG South Asia to initiatives like the Sahara Cup and Lakmé Fashion Week, Krishnan has focused on innovation and long-term strategy. His latest venture centres on fan engagement, IP ownership, and a digital-first approach. He sees this as an opportunity for India to play a more prominent role in the global sports ecosystem. Krishnan's perspective is straightforward: sport remains one of the few true real-time entertainment experiences. 'If you want to watch Royal Challengers Bengaluru play Punjab Kings, you need to watch it live. That urgency gives sport an edge,' he says. However, he notes that most digital engagement today still focuses on awareness, rather than driving action. This, he believes, is where his company comes in. It positions itself as an 'awareness-to-action' platform—where fan interaction leads to revenue generation, data-driven decision-making, and better returns for rights holders and sponsors. Focus on IP ownership A central element of Krishnan's strategy is the creation and control of IP. 'Everyone wants to build value now,' he says. 'Celebrities don't want a one-time payout to generate $100 million in revenue for others. They want IP ownership.' He contrasts the long-term value of Lakmé Fashion Week, which he launched while at IMG with the Unilever brand as its title sponsor in 2000, with the more transactional nature of properties like the IPL , which has had several title sponsors over the years. His point: lasting IP creates long-term brand equity. India as a growth market Krishnan also sees growing interest in India from global rights holders. 'Manchester City doesn't need more fans in Manchester. They need to monetise fans in India, Indonesia, and Africa,' he says. He argues that while many international entities highlight their Indian fan bases, few have been able to translate that interest into sustainable revenue. His company seeks to help bridge that gap—supporting both foreign brands entering India and Indian brands looking to expand abroad. 'In the '80s it was Japan, in the '90s Korea, then China. India will make its mark on the globe even more substantially in the future.' Bridging worlds With offices in London, Mumbai, San Francisco, and Melbourne, Krishnan describes his venture as a 'global business with an Indian heart.' This positioning, he believes, allows the company to serve as a conduit between Indian and international markets. He points to partnerships like Infosys at Grand Slams, TCS with global marathons, and Apollo Tyres with Manchester United as signs of India's increasing presence on the global sports stage. 'Indian culture, IP, and commerce are poised for global relevance. And we want to be at the centre of it,' he says. Growing opportunity in women's sport Krishnan sees significant untapped potential in women's sports. 'Women's sport is an absolute rising tide in the world of sports,' he says. From growing participation and audiences to rising sponsor interest, he expects the category to grow quickly. His company is already working with World Rugby on the Women's World Cup and integrating women-oriented content on its digital platform, Stepathlon. 'If companies have $100 to spend on sport, they won't spend it all on men in the future.' Sport as a cultural experience Another area Krishnan highlights is the 'festivalisation' of sport—blending athletic competition with music, fashion, and food to create a broader experience. 'The Australian Open is a festival with a tennis tournament,' he says. He sees the IPL as another example, having become more than just a cricket league. His goal is to develop IPs that span platforms, cultures, and generations—not just as media products, but as experiences. Exploring new models Although cricket continues to dominate the Indian sports landscape, Krishnan is also exploring tennis, football, and multi-sport formats. He is particularly focused on creating properties that don't rely solely on traditional broadcast models, which he says are heavily tilted toward the IPL. 'There's very little left for other leagues. We need to find alternative monetisation models—direct-to-consumer, sponsor-led, or data-driven,' he says. His company is also developing year-round engagement platforms, including non-live content and fan communities. Understanding the market Krishnan describes India as a 'head and heart' market, where success depends on local insights, cultural nuance, and long-term thinking. With most of the population under 25, he sees both an opportunity and a challenge: the demographic potential is there but remains under-monetised. He also sees parallels with other emerging markets such as Africa and Latin America. A broader purpose For Krishnan, sport is more than a business opportunity—it's a tool for positive change. His platform Stepathlon aims to address health challenges by encouraging physical activity. 'Wellness is a $6.3 trillion industry. Sport is $500 billion. The connection between the two is undeniable,' he says. 'We use popular culture not just to entertain, but to heal, inspire, and mobilise communities.' Krishnan believes the coming decade could be pivotal for India in global sport and entertainment. He sees the potential to drive change through smart partnerships, IP creation, and a technology-first approach. 'We're ambitious—quantitatively and qualitatively,' he says. 'Our goal is to be a thoughtful leader in a rapidly transforming global industry.'
