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No bigger winner in the business of sport this week than the Florida Panthers
No bigger winner in the business of sport this week than the Florida Panthers

Edmonton Journal

time4 hours ago

  • Business
  • Edmonton Journal

No bigger winner in the business of sport this week than the Florida Panthers

Article content The Association, on the other hand, is playing an NBA Finals Game 7 for the first time in nine years, when LeBron James and the Cleveland Cavaliers outlasted Steph Curry and the Golden State Warriors in 2016. Moreover, the NBA is in one of those scenarios where they'll have a compelling storyline and first-time champion, either way. That won't fully mitigate against the small-market matchup when it comes to TV ratings, but it will at least make the most of the showdown between the 25th biggest TV market in the U.S. (Indianapolis) and the 47th largest (OKC). It was also a bullish week for emerging sport business tycoon Mark Walter, who announced that he will be adding the Los Angeles Lakers of the NBA to his impressive list of sport properties, one that has featured the defending World Series-champion Los Angeles Dodgers since 2012. The deal between Walter, who is building on a personal net worth that was estimated at US$6.1 billion in February, and the longtime Buss family ownership group values the Lakers at US$10 billion, a record franchise transaction in North American pro sport.

HC cancels order appointing administrator in Diocesan Trust Association
HC cancels order appointing administrator in Diocesan Trust Association

Hindustan Times

time2 days ago

  • Politics
  • Hindustan Times

HC cancels order appointing administrator in Diocesan Trust Association

MUMBAI: The Bombay high court has struck down an order of the Joint Charity Commissioner (JCC), appointing an administrator on the Bombay Diocesan Trust Association (BDTA), and directed the Charity Commissioner to expeditiously decide all pending change reports submitted by the Association. The Association holds and manages Anglican Trust properties like churches, institutions, schools, cemeteries spread over Western India - across Rajasthan, Gujarat, Maharashtra, Goa and North Karnataka. It had approached the high court, challenging the order passed by JCC on December 18, 2019, based on complaints, alleging mismanagement and illegalities, including pilfering of funds and transfer of Trust properties. Recording that the term of the last elected body had ended on October 14, 2018, but it was continuing to manage the affairs of the Trust, the JCC appointed an assistant charity commissioner as administrator for the Association and ordered him to prepare a voters list and take steps for holding elections in consonance with the Memorandum of Association and applicable rules and regulations. The administrator, however, could not take charge of the affairs of the Association, as the high court had passed an interim stay on the JCC order and the Association continued to manage and administer their affairs and properties. A bench of justice MS Sonak and justice Jitendra Jain on Friday struck down the JCC order after noticing that under the Memorandum of Association, the initial directors were termed as ex-officio directors and under the scheme of the Association, one-third of the other directors retire every year and the vacancies are filled in the annual general meeting. Therefore, the court said that the statement that the term of the elected body expired on October 14, 2018 was not entirely correct. 'At the highest, it could be said, the term of one third of the Board of Directors expired on the said date and therefore, there was a necessity to hold an election to fill in the vacancies caused by the retirement of one third of the directors,' said the bench. As regards the appointment of the administrator, the court said that the JCC simply took note of the allegations of mismanagement and illegal activities made in the applications filed before him and concluded that there was a need to appoint a suitable person as administrator. 'It is apparent the Joint Charity Commissioner has not himself examined the allegations to determine whether even prima-facie, they have any substance or not,' said the court. 'Merely because there are allegations, the Joint Charity Commissioner has concluded that it would be unfair for the office bearers to continue and has proceeded to appoint the Administrator,' it added. After the petitioner body pointed out that during the pendency of the petition, there have been regular annual general meetings and vacancies filled in, but several change reports have been pending with the JCC, the court directed the authorities to dispose off the change reports in six months.

Min asked to provide more autonomy to municipal corporation
Min asked to provide more autonomy to municipal corporation

Time of India

time2 days ago

  • Business
  • Time of India

Min asked to provide more autonomy to municipal corporation

Kanpur: The Corporators Welfare Association of Kanpur Municipal Corporation on Wednesday presented their stand on three key issues before urban development minister Arvind Kumar Sharma and principal secretary, urban development Amrit Abhijat. The discussions took place on the Sambhav portal, with municipal commissioner Kanpur Nagar, Sudhir Kumar, also in attendance to submit KMC's standpoint. According to the KMC officials, a meeting was previously conducted between the urban development minister, and Naveen Pandit, president of the Corporators Welfare Association, along with patron Amit Pandey on June 16 at Lucknow. The Association had provided three written submissions to the minister during the meeting. The Association emphasised that the disputes between the KMC and Kanpur Development Authority are forwarded to the commissioner, Kanpur division, where decisions are consistently made in favour of KDA because the commissioner is also the chairman of KDA. The Association has requested appointment of a different officer, instead of the commissioner for resolving disputes between KMC and KDA. The second issue raised relates to the sewage farm. The municipal corporation possesses 1200 acres of sewage farm land, which officially belongs to it. However, KDA has approved two projects for this land during its board meeting. Despite the fact that this land's use cannot be changed due to a previous order from the Allahabad high court, KDA is allegedly proceeding with these projects without adhering to the court's decision. Further disputes regarding land have also emerged in the Smart City project. KDA has been granted rights over land from the gram samaj and Improvement Trust, an arrangement unique to Kanpur and not found in the other 16 municipal corporations. It was highlighted that cities in Madhya Pradesh and Maharashtra are advancing. Kanpur, formerly the largest city in Uttar Pradesh, has now fallen behind. The Association attributes this setback to Kanpur Municipal Corporation's lack of authority. Regarding these three issues, the Welfare Association had submitted its position and urged that authority be granted to municipal corporations, Naveen Pandit said.

Omani-Bahraini Friendship Society elects new BoD
Omani-Bahraini Friendship Society elects new BoD

Observer

time2 days ago

  • Business
  • Observer

Omani-Bahraini Friendship Society elects new BoD

Rudaina bint Amer al Hajriyah has been re-elected to be the president of the Oman Bahrain Friendship Association for the second time while Sheikha Jawaher bint Khalifa al Khalifa was elected as Vice-Chairperson of the Association for the period from 2025 to 2028 at its regular meeting attended by board members and representatives from the Sultanate of Oman and the Kingdom of Bahrain held at the Diplomatic Club. The meeting, which affirmed renewed confidence, reviewed 2025 plan to enhance bilateral cooperation and discussed key topics related to strengthening bilateral relations and developing cooperation programmes between the two countries. Dr Ahmed bin Saeed al Jahouri was elected as Secretary-General and Ahmed bin Mohammed al Ardi as Treasurer. The Board of Directors also included, from the Omani side: Shaikh Omar bin Ali al Junaibi, Mohammed bin Abdullah al Kharousi and Abdullah bin Mohammed al Ajmi. From the Bahraini side: Yousef Salahuddin Ibrahim, Janat Hassan Musa Shafiei, Ali Kazim Ahmed al Mousawi, Zahraa Baqer and Mohammed Hassan Abdul Hussein al Wazir. The formation of the association's standing committees was also approved and their chairpersons appointed: the Economic Committee, chaired by Abdullah bin Saleh al Shanfari; the Membership and Affiliation Committee, chaired by Manar Malallah al Balushi; the Communication and Media Committee, chaired by Maryam bint Ghaleb al Alawi; the Programmes and Events Committee, chaired by Shihab bin Ahmed al Mujaini; and the Sports Committee, chaired by Captain Ismail al Ajmi. The society was established in 2022 pursuant to Ministerial Resolution No 19/2022 issued by the Omani Foreign Ministry, with the aim of building bridges of cooperation and strengthening the bonds of brotherhood between the Omani and Bahraini people in various fields, at the official, popular, or social levels. Since its founding, Rudaina al Hajri has been leading the association with a strategic vision focused on economic sectors, opening up investment opportunities between the two countries, sustainable development, arts and culture, empowering the role of women, cultural exchange, youth and sports activities; and community outreach, in addition to publishing information on various media outlets to introduce the two peoples to their rich shared heritage. The 2024 annual report and final accounts were reviewed at the meeting, along with the association's 2025 work plan, besides discussing the approved membership mechanism and ratified the final proposal for naming the standing committees, appointing their chairpersons and determining the mechanisms for their activation.

Volunteer leader lodges police report over anti-graft rally
Volunteer leader lodges police report over anti-graft rally

Borneo Post

time3 days ago

  • Politics
  • Borneo Post

Volunteer leader lodges police report over anti-graft rally

Jerry showing a copy of his police report. KOTA KINABALU (June 18): A prominent state volunteer has lodged a police report against an upcoming public rally, citing concerns over alleged external political influence and potential threats to public order. Datuk Jerry Ambuting Mohd Said, the former president of the Association of Honorary Members of the Malaysian Volunteers Association (RELA), filed the report at the Tanjung Aru Police Station at 3.19pm on Tuesday. The report pertains to the 'Perarakan Perhimpunan Aman Gempur Rasuah Sabah 2.0,' scheduled to take place on June 21 and 22. The gathering, which is expected to proceed from Suria Sabah shopping centre to Lintasan Deasoka, is reportedly organized by a group called Suara Mahasiswa UMS, led by Fadhil Kasim and several associates. Despite the rally being promoted as a 'peaceful' march, Jerry expressed doubts over its true nature and intentions. 'I believe there are elements of sedition and external influence, possibly involving opposition parties attempting to use students for their narrow political agenda,' he said in a statement on Wednesday. He emphasized that using university students—particularly from Universiti Malaysia Sabah (UMS)—for political purposes is unethical and risks damaging the reputation of higher education institutions. 'Students should uphold intellectual and academic ideals, not serve as tools for street protests driven by vested interests,' he added. Jerry also voiced concerns about the rally's impact on public peace and safety, highlighting the potential for disruptions to businesses in the city center, provocation by extremist groups, and the risk of racial or religious tensions. In light of these concerns, he urged the Royal Malaysian Police (PDRM) to investigate the rally's organizers and financial backers to determine whether external political elements are involved. 'We in Sabah are known for our rationality and respect for the rule of law. Street demonstrations are not part of our culture,' he stressed. Jerry also called on parents and the wider community to remain vigilant and not be misled by political propaganda or emotionally charged narratives targeting the youth. 'Sabah needs unity and stability, not disruptive street activities that jeopardize the harmony we've nurtured for so long,' he concluded. Organisers of the 'Gempur Rasuah Sabah 2.0' anti-corruption rally are expecting around 10,000 participants, including students, activists and NGOs from Sabah, Sarawak and Peninsular Malaysia, to turn up in solidarity with their cause. Their spokesperson said the student-led movement had submitted a formal notice to the Kota Kinabalu District Police Headquarters (IPD), as required under the Peaceful Assembly Act. The rally organisers are making several key demands, including legal action against the State Water Department over the UMS water supply fiasco, a complete reform of the Malaysian Anti-Corruption Commission (MACC) commissioner appointment process, harsher penalties for individuals found guilty of giving or receiving bribes and public dissatisfaction to be voiced over the current Head of State, Tun Musa Aman, due to his controversial past.

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