first_imgThe Bombay Stock Exchange (BSE) has decided to sell up to 30 percent stake before the end of the current financial year through the offer-for-sale route. Besides, a fresh issue of shares is also on the cards, Asia’s oldest stock exchange informed its shareholders on Tuesday. The BSE hopes to raise about Rs. 1,300 crore from the stake sale. On June 24, it will hold shareholders’ general meeting to seek their approval, seen as taking the exchange a step closer to listing, Mint reports. “A combination of an offer for sale (OFS) and fresh issues, for upto a minimum of 30 percent of the post-issue issued equity share capital of the company, subject to regulatory requirement would be considered at the AGM,” read a notice sent to shareholders.Two months ago, BSE received an in-principal approval from capital markets regulator Securities and Exchange Board of India (SEBI) for its IPO, Business Standard had reported.”This marks the clear intent of the exchanges to list and provide the shareholders an exit opportunity. The exchange is taking the right steps at the right time to proceed with listing,” Rahul Mehta, an investor in BSE, was quoted as saying by Mint.The Mumbai-based stock exchange’s issued capital is about 10.9 crore shares. At Rs. 400 apiece, the exchange would be valued at Rs. 4,367.05 crore, the publication added.[1 lakh = 100,000 | 1 crore = 10 million | 100 crore = 1 billion]last_img

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first_imgAmber BernardAPTN NewsA First Nations child advocacy group and the federal government are at odds over the definition of a First Nations child.The First Nations Child and Family Caring Society says the Indian Act meaning is not enough – but Canada says it is.The two sides have been arguing their case before the Canadian Human Rights Tribunal in Ottawa over two days.The dispute, and the hearings are over who is eligible for Jordan’s Principle services.The caring society is asking Canada to expand its definition of a First Nations child.“Number one, if there are children who don’t have status or reside off reserve, who are recognized by their communities, then they should be eligible under Jordan’s Principle,” says Cindy Blackstock, executive director of the caring society.“And that the recognition could take a variety of different forms.”Jordan’s Principle is supposed to provide quick access to health, social or educational services that are available to people off reserve and ensure first nations children living on reserve get the services they need.As of now, Canada only pays for children under Jordan’s Principle if they have status, or reside on a reserve.The government says they want to proceed as normal.And that the proposed definition is only going to increase the number of self-determining applicants.“We will ask you to satisfy this interim order and to dismiss this notion,” government lawyer Robert Frater told the Tribunal.The human rights tribunal will either consider another order on Canada or dismiss the proposed definition from the caring society in the coming weeks.Blackstock spent years before the tribunal arguing that Canada discriminated against First Nation children who live on reserve because their services were not funded equally as those children who live off-reserve.The tribunal agreed and has been releasing non-compliance orders to the government to change its

While being brought out of the court premises the suspects said that they do not have money to pay for bail.The families of the suspects who gathered outside court appealed for their release, insisting that they were innocent. The suspects were placed in remand following the violence in Kandy targeting Muslims. (Colombo Gazette) The leader of the Mahasohon Balakaya, Amith Weerasinghe and several others were today ordered to be further remanded over the violence in Digana, Kandy.The Theldeniya Magistrate’s Court ordered 32 suspects including Amith Weerasinghe to be further until May 5th when they were presented before court today.

Children being sent to school unable to speak in sentences is a “persistent scandal”, the Education Secretary is to tell parents.In his first major speech on social mobility, Damian Hinds will promise to tackle the “last taboo” in education by highlighting the fact that many mothers and fathers are failing to teach their children how to talk.Speaking at the Resolution Foundation in Westminster on Tuesday, he will say that he has no desire to “lecture” parents about how to raise their children.But he will warn that children who start school at age four behind their peers rarely catch up and instead “the gap just widens”.–– ADVERTISEMENT –– Damian Hinds will say that he has no desire to “lecture” parents  Damian Hinds will say that he has no desire to “lecture” parents Credit: Eddie Mulholland His comments follow research that shows that more than a quarter of four-and-five-year-olds lack the early communication and literacy skills expected by the end of reception year. The ‘expected level’ includes a child having the words and understanding to talk about events that have happened or are going to happen in the future.A separate study shows that children with poor vocabulary at age five are more than twice as likely to be unemployed at age 34 as children with good vocabulary.Mr Hinds will say that he wants to halve the number of children starting school without the early speaking or reading skills they need by 2028.He will outline his intention to build a new coalition of business leaders, charities, tech companies and media groups to encourage more parents to read and learn new words with their children.Representatives from the National Literacy Trust and Public Health England will sit on the coalition, which will come up with ways to boost parents’ confidence with supporting their child’s language and literacy. This could include awareness-raising campaigns, like the ‘Five a day’ public health campaign that encouraged more people to eat fruit and vegetables as a model for changing parents’ behaviour.  Mr Hinds will say that while there are “legitimate worries” from parents about screen time, media and modern technology, it can also be a useful tool for parents to help with their child’s language development.   The head of Ofsted has previously warned that more and more children are starting school without being able to communicate properly or even use the toilet.Amanda Spielman described how some “lucky” children are given bedtime stories or taught the alphabet by their families, while others are not so fortunate.She has previously urged nursery staff to spend time teaching pre-school children new language skills – whether through songs, nursery rhymes or “time-honoured classics” such as Hans Christian Andersen or Dr Seuss.The Ofsted head said children starting their first year of school should also be able to sit still and listen, understand the words “no” and “stop”, and be able to put on their own shoes and coat. “It is a persistent scandal that we have children starting school not able to communicate in full sentences, not able to read simple words,” he will say.  “And the truth is that the vast majority of these children’s time is at home. Yes, the home learning environment can be, understandably, the last taboo in education policy – but we can’t afford to ignore it when it comes to social mobility.  “I don’t have any interest in lecturing parents here…I know it’s parents who bring up their children, who love them, who invest in them in so many ways, who want the best for their children. But that doesn’t mean extra support and advice can’t be helpful.” It is a persistent scandal that we have children starting school not able to communicate in full sentences, not able to read simple wordsEducation Secretary Damian Hinds Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings.

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