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No savings at 50? I’d buy these 2 FTSE 100 stocks for a £1m pension pot

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. If you’ve reached 50 years of age with no retirement savings, it’s not too late to start saving. Indeed, the historical returns of both the FTSE 100 and FTSE 250 show that even modest sums of capital can grow at a relatively rapid rate in a short time frame.With that in mind, now could be the right time to buy a range of large-cap shares to improve your chances of retiring early. Today, I’m going to outline two such opportunities that could help you build a substantial retirement fund with the potential to pay a generous income in older age.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…AshteadConstruction equipment rental firm Ashtead (LSE: AHT) might not be the most exciting business on the market, but that hasn’t stopped the company in the past decade.Since the financial crisis, the group has gone from strength to strength and its share price has increased by more than 6,000% since 2009, excluding dividends. Including dividends, the stock has returned 41% per annum over the past decade.In the past six years alone, the company’s earnings per share have grown at a compound annual rate of nearly 30% and revenue has almost tripled as Ashtead expanded around the world. The company provides an essential service to tens of thousands of small construction firms globally and, because the cost of buying equipment is so high, this isn’t likely to change any time soon.That’s why I think this company could be an excellent investment to retire on. Ashtead can continue to use its size and economies of scale to buy equipment at cost and then lease it to firms at an attractive rate of return. That’s evidenced by its operating profit margin of 27%.The stock currently trades on a price-to-earnings (P/E) ratio of just 12.2, suggesting a wide margin of safety given the company’s historical growth rate.If the share produces the same kind of return for investors over the next decade, as it has done since 2009, it would be enough to turn an initial investment of £20,000 into a £1m retirement fund. DiageoAnother FTSE 100 company I think has the potential to produce attractive long-term returns is Diageo (LSE: DGE). The drinks gaint has invested heavily in its brands and distribution infrastructure over the past few years. Management has also reduced costs as part of its goal to improve efficiencies across the group.These actions have had a significant impact on the company’s bottom line. Net income is up by around £1bn since 2016, an increase of more than 40%. With the stock trading on a forward P/E of 23, it’s not the cheapest investment in the FTSE 100. However, Diageo’s growth strategy appears to be highly effective, and its stable of drinks brands, which includes billion-dollar brands such as Johnnie Walker, Guinness and Smirnoff, should help ensure it remains a solid favourite among consumers.Steady earnings growth of around 7% per annum, coupled with a dividend yield of 2.4%, shows that the stock could produce a near-10% per annum return for the foreseeable future. That would be enough to turn an initial deposit of £50,000 into a savings fund worth more than £1m, according to my calculations, over 30 years. Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address Rupert Hargreaves owns no share mentioned. The Motley Fool UK has recommended Diageo. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Rupert Hargreaves | Wednesday, 8th January, 2020 | More on: AHT DGE Our 6 ‘Best Buys Now’ Sharescenter_img Image source: Getty Images “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Rupert Hargreaves No savings at 50? I’d buy these 2 FTSE 100 stocks for a £1m pension pot Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

Diocese of Olympia chaplains rally behind homeless campers facing eviction…

first_img Associate Rector Columbus, GA By David PaulsenPosted Jul 11, 2019 Priest-in-Charge Lebanon, OH About 100 people live in a homeless encampment on the Chehalis River in Aberdeen, Washington. Photo: Sarah Monroe[Episcopal News Service] A group of Episcopal chaplains who for several years have ministered to homeless individuals in the coastal communities of Grays Harbor County, Washington, are standing in support of about a hundred people who face eviction from a riverbank encampment in Aberdeen.The legal battle over the fate of the encampment, which the city has long sought to clear, could enter a new phase next week. The city announced it would conduct “a comprehensive clean-up of the property” starting July 15.The Rev. Sarah Monroe, founder and priest-in-charge of Chaplains on the Harbor, a mission station of the Diocese of Olympia, is a plaintiff in the residents’ lawsuit seeking to stop the city from clearing the encampment on the Chehalis River. She regularly visits the encampment and counts the residents there as her parishioners.“The request was not so much to stay. The request was the city be obligated to provide somewhere for people to go,” Monroe told Episcopal News Service in a phone interview last month. She acknowledged that sleeping in tents by a river isn’t an ideal long-term solution to homelessness in Aberdeen. “What we’re arguing is people deserve some place that’s safe.”Such homelessness ministries have the strong backing of the diocese and are being followed closely by churchwide leaders. Presiding Bishop Michael Curry spent time with the chaplains during a pastoral visit to the diocese in June 2018, and his staff members have kept in touch with Chaplains on the Harbor as it puts pressure on city officials to respond more compassionately to homeless individuals.“The theological underpinning of our faith expressed in the Bible contains numerous directives to provide help for the poor, the sojourners, the strangers and the homeless. Jesus himself was described as homeless,” the Rev. Melanie Mullen, The Episcopal Church’s director of reconciliation, justice and creation care, said in a written statement for this story. “Relationship with those experiencing homelessness is central to who we are as Christians.”Aberdeen, with about 17,000 residents, is the largest city in Grays Harbor County. These communities about 100 miles southwest of Seattle have struggled with an economic slump for decades amid sawmill closings and the decline of the timber industry. Aberdeen native Kurt Cobain was homeless briefly in the 1980s before fronting the band Nirvana. Though Grays Harbor County’s business community has encouraged growth through tourism and courting wealthy transplants, the county’s incomes and employment rates remain considerably lower than state and national averages, according to a report released in May by Greater Grays Harbor, the regional chamber of commerce and economic development council. An affordable housing shortage has further complicated the picture.A Grays Harbor County Public Health and Social Services report estimates as many as 3,000 of its 70,000 residents lacked stable housing, and 500 to 700 were considered fully homeless. Chaplains on the Harbor has been ministering to about 500 people, including some facing Aberdeen’s deadline to leave the contested city-owned property on the river.“We’re talking about fellow human beings, and they need a place to live,” said the Rev. Bonnie Campbell, an Episcopal priest who is on the 11-member staff at Chaplains on the Harbor.On July 10, the City Council approved Mayor Erik Larson’s $30,000 proposal to set aside the City Hall parking lot as a temporary encampment while Larson pursues negotiations for a long-term site. Curate (Associate & Priest-in-Charge) Traverse City, MI Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Rector Smithfield, NC Associate Rector for Family Ministries Anchorage, AK Rector Washington, DC The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group New Berrigan Book With Episcopal Roots Cascade Books Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Aaron Scott, another leader with Chaplains on the Harbor, said the uncertainty has been difficult for people living on the riverfront. He and the rest of the team have remained focused on providing pastoral support.“We’re still kind of in the mindset of trying to prepare as best we can and support people in preparing for this displacement,” Scott said in an interview with ENS.Though legal advocacy has taken the spotlight recently, Monroe and the other chaplains, several of whom were once homeless themselves, started their ministry about six years ago by simply meeting homeless individuals on their own turf.The Rev. Sarah Monroe, far right, began her ministry with homeless people in Aberdeen, Washington, by getting to know the folks who hang out under a bridge that connects two parts of the coastal town southwest of Seattle. Photo: Glenn StoneIn the early years, in addition to developing trusting relationships, Chaplains on the Harbor launched programs common to homeless ministries around the country, from free meals and clothing drives to street worship services. In 2014, Monroe’s nascent work was bolstered by a one-year Justice and Advocacy Fellowship from The Episcopal Church.Monroe, in an ENS story at the time of her fellowship, lamented the push in Aberdeen “to make the town prettier by getting rid of the people on the street.” Today, the people on the street “consider me their pastor,” Monroe said, and she visits with them as other pastors would the housed members of their congregations.She once counted herself as one of them. While finishing seminary, she spent about a year homeless, sleeping on acquaintances’ couches. Those days are behind her, but Monroe said the experience informs her work as a priest. She was ordained in 2014, not long after starting Chaplains on the Harbor.Olympia Bishop Greg Rickel participates in foot washing for the Maundy Thursday service at Chaplains on the Harbor in 2017. Photo: Chaplains on the Harbor, via FacebookThe ministry has enduring financial support from the Diocese of Olympia, and Bishop Greg Rickel is a prominent booster, participating each year in the Maundy Thursday service held at Chaplains on the Harbor’s church property in Westport.“For the past six years, Chaplains on the Harbor has worked to build ministry and leadership in Grays Harbor County, one of the poorest counties in our diocese,” Jim Campbell, the organization’s treasurer, said in a written statement. “We have built a strong presence in the diocese, and we have raised up powerful leaders to both direct the organization and speak truth on a local and national level.”Most of the people Monroe serves are young, ranging from about 18 to 35, she said. Those who aren’t “couch surfing” are forced to survive on the streets. For years, the group on the riverfront has been targeted by the city for periodic sweeps, though each time the encampment residents returned.In 2018, the city purchased the property with plans to clear it for good, and initially visitors were barred from accessing the site without a permit. When Monroe was denied access, she sued the city and argued successfully that she should be allowed to continue her pastoral work with the people living on the riverfront.When she signed on to a second lawsuit seeking to block the city’s actions against the encampment, it was in the spirit of empowering the other plaintiffs to be heard, drawing on a core principle of Chaplains on the Harbor’s work.“For me, the key to addressing that is to raise up and listen to and provide a platform for leaders in poor communities to develop,” Monroe said. Putting her name on a lawsuit “gives weight to their struggle, but it’s their struggle.”They cheered in May when the judge in the case put a temporary hold on the city’s eviction plan, but that hold has since expired. Aberdeen officials pledged to give people at the encampment three days’ notice before clearing the property. After that, though their struggles may continue, so will support from Chaplains on the Harbor.– David Paulsen is an editor and reporter for the Episcopal News Service. He can be reached at [email protected] In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Assistant/Associate Rector Washington, DC Tags Rector and Chaplain Eugene, OR Director of Administration & Finance Atlanta, GA Director of Music Morristown, NJ Poverty & Hunger Curate Diocese of Nebraska TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Diocese of Olympia chaplains rally behind homeless campers facing eviction from riverfront Course Director Jerusalem, Israel Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Hopkinsville, KY Featured Jobs & Calls Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Tampa, FL center_img Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Submit a Press Release Assistant/Associate Rector Morristown, NJ Assistant/Associate Priest Scottsdale, AZ Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Youth Minister Lorton, VA Press Release Service Rector Albany, NY Featured Events Canon for Family Ministry Jackson, MS Missioner for Disaster Resilience Sacramento, CA Family Ministry Coordinator Baton Rouge, LA Rector Martinsville, VA Rector (FT or PT) Indian River, MI Rector Knoxville, TN Rector Shreveport, LA Rector Pittsburgh, PA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Bath, NC AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector/Priest in Charge (PT) Lisbon, ME Rector Belleville, IL Bishop Diocesan Springfield, IL Submit a Job Listing Associate Priest for Pastoral Care New York, NY Priest Associate or Director of Adult Ministries Greenville, SC Rector Collierville, TN Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Submit an Event Listing Cathedral Dean Boise, IDlast_img read more

One in four card payments now contactless as usage continues to rise

first_img  469 total views,  1 views today  470 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis27 Tagged with: contactless microdonations Research / statistics Melanie May | 18 January 2017 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis27center_img Contactless payments are continuing to rise with one quarter of card payments now via this method, according to figures from The UK Cards Association.325 million purchases were made using contactless debit and credit cards in November 2016, accounting for 25 per cent of all card payments in the month, compared to 11% in November 2015. The average contactless transaction in November 2016 was £8.95, up from £8.03 the previous year.A record £2.9 billion was spent via contactless payments in November: an increase of 184 per cent from a year ago when contactless spending passed £1 billion in a month for the first time.101.8 million contactless debit and credit cards are now in circulation in the UK. Nine in 10 (88 per cent) contactless transactions are made using a debit card, a higher proportion than for card payments overall (78 per cent).Richard Koch, head of policy at The UK Cards Association, said:“With 125 taps every second in the UK, it’s clear that people are opting for contactless when they are at the till. No longer is it just for the lunchtime sandwich, consumers are using their contactless cards wherever they go – for the grocery shop, in clothes stores, and, increasingly, for the commute too.”More charities are also starting to use the technology. Last year’s Poppy Appeal saw the Royal British Legion trial contactless collection tins in branches of NatWest, while Blue Cross introduced Tap Dogs, which saw the charity fundraise using dogs wearing coats that could accept contactless donations from mobile phones. Cancer Research UK also used the technology to collect donations on World Cancer Day, allowing people to donate £2 by tapping their cards against one of 16 contactless donation terminals. Advertisement One in four card payments now contactless as usage continues to rise About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via read more

Libel suit fines bankrupt independent newspaper, force closure

first_img October 9, 2020 Find out more News News RSF calls for the immediate release of Uzbek journalist News Reporters Without Borders today condemned the relentless harassment of the independent daily Moya Stolitsa-Novosti by means of libel suits by government officials, which yesterday forced editor Alexander Kim to announce its closure because of bankruptcy. The newspaper had been ordered to pay more than 77,000 euros in damages and fines in the course of 31 lawsuits over two years.”This closure was deliberate,” Reporters Without Borders secretary-general Robert Ménard said. “The authorities wanted to gag this newspaper because it was in the habit of denouncing cases of corruption implicating the president’s associates,” he explained. “No one should be fooled by the pseudo-legal method used – it was a clear case of censorship in a country that poses as the good boy of Central Asia as regards press freedom.” Two of the sentences that helped break the newspaper arose from complaints filed by Prime Minister Nikolai Tanaev. The prime minister claimed he was libelled in an article on 2 April by the head of an NGO coalition, Mikhaïl Korsunsky, who accused him of embezzling public health funds. The case concluded with a Bishkek court fining Moya Stolitsa-Novosti 9,500 euros on 3 June.Previously, on 25 April, the same court fined the newspaper the same amount because of any article by journalist Rina Prizhivoit on 26 November 2002 that accused close aides of the president, including the prime minister, of bringing shame on the country by their actions.The newspaper was also fined 9,500 euros on 13 March as a result of a complaint by Merliside, a company run by the president’s son-in-law Adil Toygonbaev, about an article last year by journalist Larissa Li accusing it of tax fraud. The ombudsman, Tursubai Bakir uulu, appealed against the court’s verdict to the supreme court on 9 June on the grounds that it unjustified.The newspaper had not appeared since 23 May, when the authorities went to a printing works in Uchkun state and confiscated15,000 copies of an issue containing articles about the president’s son-in-law and the campaign of harassment in the courts to which the newspaper has been subjected. The confiscation was ordered by a Bishkek court on the grounds of non-payment of several fines, including those imposed in the prime minister’s cases and Merliside’s. The court also ordered the seizure of the newspaper’s property and the freezing of its assets. RSF asks authorities, opposition to guarantee reporters’ safety during Kyrgyzstan protests June 13, 2003 – Updated on January 20, 2016 Libel suit fines bankrupt independent newspaper, force closure Receive email alerts August 14, 2020 Find out more to go furthercenter_img KyrgyzstanEurope – Central Asia Organisation August 26, 2020 Find out more RSF_en RSF is concerned about the fate of an Uzbek journalist extradited by Kyrgyzstan News Help by sharing this information Follow the news on Kyrgyzstan KyrgyzstanEurope – Central Asia last_img read more

Russian specialists fill gaps left in Belarusian state broadcaster

first_img to go further “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says Organisation News June 4, 2021 Find out more June 8, 2021 Find out more RSF calls for a fully transparent investigation after mine kills two journalists in Azerbaijan RSF_en Help by sharing this information Follow the news on Europe – Central Asia BelarusEurope – Central AsiaRussia Media independenceEvents An RT vehicle in the streets of Minsk on 26 August (credit : BelarusEurope – Central AsiaRussia Media independenceEvents Reporters Without Borders (RSF) condemns the use of “Russian specialists” to replace employees who resigned from the Belarusian state TV and radio broadcaster BT after a strike in support of nearly month-old protests against fraudulent presidential election results. They are being used to maintain strict control over the state media, RSF said.The Russian TV broadcaster RT (the former Russia Today) was warmly thanked for its help by President Alexander Lukashenko on 1 September. “Russian specialists” began replacing employees at BT the day after the strike began on 17 August.Around 300 BT employees participated in the strike and a hundred or so resigned in support of the protesters. Other state-owned TV channels, Stalitsa, ONT and STV, have also been hit by these departures. The lack of cameramen, editors and IT specialists has paralysed the news channels.BT producer Alyona Martinovskaya said she was prevented from working on 19 August, after expressing support for the protests, and was replaced by Russian workers. These “specialists” are reportedly working in TV newsrooms, handling production, editing and transmission. Lukashenko himself confirmed on 21 August that “two or three groups of Russian journalists” had been invited to help Belarusian TV channels.This is also what BT employees have told the Russian daily RBC on condition of anonymity. The first RT team was seen on 18 August and consisted of five technicians and IT specialists, plus Konstantin Prydybaylo, a former BT employee who is now an RT correspondent in Belarus. The team returned to Russia a few days later but was immediately replaced by another.The close links between RT and BT can even be seen in the content broadcast since the start of the strike. BT often uses video shot by the RT team based in Minsk, and prefers studio interviews with Russian and Ukrainian “experts” to actual news coverage, according to an analysis by the Belarusian consultancy Sense Analytics.“Former BT chief Gennady Davydko said on 27 August that ‘state media are working to stabilize the situation and foreign media are working to destabilize it,’ but a double-standard applies to the Russian teams who have come to prop up the government’s propaganda,” said Jeanne Cavelier, the head of RSF’s Eastern Europe and Central Asia desk. “These strike breakers are broadcasting biased content with new techniques, and are refusing to provide objective coverage of the developments taking place in Belarus.”Ruled since 1994 by Lukashenko, who has been reelected in the first round every five years, Belarus is ranked 153rd out of 180 countries in RSF’s 2020 World Press Freedom Index. News September 3, 2020 Russian specialists fill gaps left in Belarusian state broadcaster Respect judicial independence in cases of two leading journalists in Serbia and Montenegro, RSF says June 7, 2021 Find out more News News Receive email alertslast_img read more

Motorists warned of flooding on Co Donegal roads

first_img Pinterest RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector published Facebook Twitter Google+ Previous articleSenior garda to meet Asian community to discuss gold theftsNext articleDeputy Padraig MacLochalin defends Sinn Fein Dail sit-in News Highland Motorists warned of flooding on Co Donegal roads WhatsApp Pinterest Twitter Facebookcenter_img Almost 10,000 appointments cancelled in Saolta Hospital Group this week Calls for maternity restrictions to be lifted at LUH WhatsApp LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Homepage BannerNews GAA decision not sitting well with Donegal – Mick McGrath Nine Til Noon Show – Listen back to Wednesday’s Programme Google+ By News Highland – November 13, 2014 Motorists are being warned to slow down as they make the journey home this evening.There’s widespread reports of flooding on many routes, with reports of flooding in Donegal Town, Letterkenny, Ballybofey, Buncrana, Carndonagh, Gaoth Dobhair and Pettigo. There are also reports of some flooding in Derry and Omagh.Met Eireann has issued yellow and orange weather warnings.Arwin Foley, Editor at AA Roadwatch, has this advice for drivers who find themselves caught in a flood…Audio Player Up/Down Arrow keys to increase or decrease volume.last_img read more

Funeral takes place of Derry murder victim

first_img The funeral has taken place  of Kieran Doherty who was shot dead by the Real IRA in Derry last week.The 31-year-old father of one was gunned down on the Braehead Road on the outskirts of the city on Wednesday night.In a statement, the Real IRA said Kieran Doherty had been a senior member of its organisation.His family have denied that he was an informer or that he had anything to do with drugs.Jourmnalist Eamonn McDermott says Father Roland Colhoun, who celebrated Requiem Mass, condemned strongly those responsible for the murder:[podcast][/podcast] Facebook Funeral takes place of Derry murder victim WhatsApp Twitter Google+ RELATED ARTICLESMORE FROM AUTHOR Google+ Twitter By News Highland – March 1, 2010 75 positive cases of Covid confirmed in North Pinterestcenter_img News WhatsApp Previous articleCouncillor not giving up on Greencastle Harbour projectNext articleAer Arann reveals new routes for City of Derry airport News Highland Main Evening News, Sport and Obituaries Tuesday May 25th Further drop in people receiving PUP in Donegal Man arrested on suspicion of drugs and criminal property offences in Derry Facebook Pinterest 365 additional cases of Covid-19 in Republic Gardai continue to investigate Kilmacrennan firelast_img read more

Having Been Caught Red Handed, Victim Tried To Blame Appellant: Orissa HC Acquits Man Of Attempt To Rape Charge After 30 Yrs

first_imgNews UpdatesHaving Been Caught Red Handed, Victim Tried To Blame Appellant: Orissa HC Acquits Man Of Attempt To Rape Charge After 30 Yrs Sparsh Upadhyay12 Dec 2020 9:09 AMShare This – xThe Orissa High Court on Friday (11th December) allowed a criminal appeal filed 30 years ago and acquitted the appellant of the Charges sections under 376/511 & 354 of the Indian Penal Code. The Bench of Justice S. K. Sahoo was hearing the appeal filed by the appellant Satrughana Nag who faced trial in the Court of learned Additional Sessions Judge, Titilagarh in Sessions…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Orissa High Court on Friday (11th December) allowed a criminal appeal filed 30 years ago and acquitted the appellant of the Charges sections under 376/511 & 354 of the Indian Penal Code. The Bench of Justice S. K. Sahoo was hearing the appeal filed by the appellant Satrughana Nag who faced trial in the Court of learned Additional Sessions Judge, Titilagarh in Sessions Case No.62/22 of 1989. Background As per the FIR, on 03rd October 1989 at about 9.30 p.m. while the alleged victim was sleeping with her younger brother on a cot in one room of her house and her elder brother and brother’s wife were sleeping in the adjacent room, the appellant entered into the room where the victim was sleeping by opening the bamboo door of the victim’s room, disrobed her saree and attempted to commit rape on her. The Trial Court had held that the act of the appellant was definitely a step towards the commission of the offence of rape “though the penultimate act of thrusting his male organ into the private part of the alleged victim was not completed”. The Trial Court further observed that the act of the appellant did not stop at the stage of preparation but it reached the stage of attempt and his intention to commit the offence failed by the reason of the alleged victim’s brother and brother’s wife coming to the spot hearing the hullah of the alleged victim. Accordingly, the Trial Court had found the appellant guilty of the offences charged. High Court’s Order The High Court, in its order, noted that if the statement of the prosecutrix is found to be worthy of credence and reliable, then it requires no corroboration and the Court can act on such testimony and convict the accused. The Court also remarked that Corroboration to the testimony of the prosecutrix is not a requirement of law but a guidance of prudence under the given circumstances. In this backdrop, the Court noted, “The victim’s version in the Court was of rape but when it is compared with the one given during investigation, certain irreconcilable discrepancies are noticed. The evidence regarding actual commission of rape is at variance from what was recorded by police during evidence. Therefore, the victim cannot be said to be a truthful witness.” The offence of attempt to commit rape Regarding the offence of attempt to commit rape, the Court said that in a given case, there must be material to show that the appellant “was determined to have sexual intercourse with the victim in all events and the overt act committed by him must show that it had gone beyond the stage of preparation and it reached the stage of attempt but his intention to commit the offence of rape could not materialise for some kind of interference.” In this backdrop, the Court noted – If according to the victim, after falling down from the cot, the appellant was pressing her hands with his hands, it is obvious that in such position her mouth was open and there was no difficulty on her part to raise a shout. While analysing the pieces of evidence presented on the record, the Court said that there were many opportunities for the victim to raise shout and protest but she did not do that. The Court further held, “The Victim’s conduct and her late reaction in raising shout probably on the arrival of her brother makes it clear that she was a consenting party and after having been caught red-handed with the appellant in a compromising position inside her bedroom in the night by her brother, the victim tried to put the entire blame upon the appellant as perpetrator of the crime, in order to save her own skin among her family members as well as in her society.” In view of above-mentioned discussion, the conviction of the appellant under sections 376/511 and 354 of the Indian Penal Code was found to be not sustainable in the eye of law by the High Court. Lastly, the conviction of the appellant under Section 457 of the Indian Penal Code was set aside; instead, he was found guilty under Section 448 of the Indian Penal Code. While observing that the appellant had remained in judicial custody for more than seven months and keeping in view the fact that more than thirty one years have passed since the date of occurrence, the Court sentenced him to undergo imprisonment for the period already undergone by him. Case title – Satrughana Nag v. State of Odisha [CRA NO. 128 Of 1990] Click Here To Download OrderRead OrderSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

A bitter pill to swallow

first_img Comments are closed. Previous Article Next Article Related posts:No related photos. A bitter pill to swallowOn 24 Oct 2000 in Personnel Today No one likes criticism, but feedback from clients is the only way HR departments can find out where improvements are neededYou probably winced while reading through those real-life accounts, but the search for feedback has to be done, says Linda Holbeche, director of research at Roffey Park Management Institute. “The important thing is to be positive and proactive about looking for feedback, rather than defensively going for feedback on the things you think are going well,” she says. Holbeche picks up on the dilemma highlighted by all the interviewees. “HR needs to understand how it is seen by internal “clients”. The only downside is that you are likely to find that line managers want it all – they still want conventional service delivery and support even if they recognise the need for more strategic HR.” And this emphasises the real tension that HR has been facing for the past decade. Holbeche adds: “Unless HR finds ways to really add value beyond being a glorified administrative function, its days must be numbered as there are many new ways to provide service delivery-shared service centres, such as e-HR, outsourcing and so on.”At the Institute for Employment Studies, principal research fellow Penny Tamkin says the HR profession can become “schizophrenic”.”One of the problems of HR is that it deals with mutual constituencies, from employees, through to line managers and senior managers.” An accepted solution to the demand for a split personality is to turn to outsourcing, but Tamkin warns that this creates dangers of “high status and low status” topics. Better, then, to work in partnership with the line manager. “The cleverest departments have maintained their value in their organisations by partnering the line and engaging them, so that the HR department becomes advisers rather than doers,” she says. At consultancy Personnel Works, senior partner Paul Kearns muses whether the re-introduction of service-level agreements (a formal undertaking by both parties on “products” and “timescales”) would solve the tensions. “I haven’t seen them for a few years,” he says, “but they are an answer if the precursor is that everybody needs to be clear what their purpose is.”For any organisation wanting to measure what they do there are three basic routes: benchmarking (which gives a comparative with other organisations); a survey of retention and turnover rates; and internal questioning (from interviews to more formal surveys). “By asking for feedback you raise expectations that it will be acted on,” warns Holbeche.She adds, “It’s important to be clear why you are asking for feedback – for example, to consult on how HR might best be structured, or to improve current processes. If you want to use the feedback in your own HR planning it is important to let people know how you’ve used the information.” Holbeche suggests that the best place to start is with senior managers on an individual basis and other key clients, preferably in a semi-structured conversation so that you can delve into issues more deeply.”If you’re really brave, and are willing to spread the net more widely, you could do a survey of managers and employees on a sample basis. You could then use the information to support any changes you plan to make or proposals you put forward for approval.” The key point is that if HR keeps a handle on how it is seen and used, it is equipped to change. “If you are planning to move to a different method of service delivery, you have a ready base for assessing the readiness of line managers for what you are suggesting and for further consultation/gaining buy-in,” Holbeche says.”Perhaps it may be better to solicit views on specific initiatives or plans you have in mind rather than a general ‘How is HR seen?’, which may just produce a load of criticism.” Questions to ask your internal clients What do you expect from HR?What are you getting? (what’s working well, what could be improved?)Where do think HR could add most value to the business/organisation in the future? What are we not doing that would add value?What are the key issues that you think HR should focus on?What do you consider your own responsibilities on human resource issues?What help, if any, do you need with these? last_img read more

Global CFOs have a message for real estate investors: We’re cutting space

first_imgShare via Shortlink CFOs worldwide are sounding the alarm about excess office space. (iStock)The Covid-19 vaccine is being distributed across the country, but it may already be too late for commercial real estate landlords and investors.Companies around the globe are looking at how they can cut costs in the wake of the coronavirus pandemic, and scaling back real estate holdings is one big way they’re looking to do so. Bloomberg analyzed transcripts from over 4,700 earnings calls between July 21 and Dec. 8, and found that one in eight “revealed that firms were rethinking their real estate needs.”(If that figure seems bleak, consider this: Bloomberg says that “[g]iven the limitations of AI and live transcriptions,” even more companies may have discussed cutting real estate costs, but not have been captured in its analysis. Yikes.)Companies aren’t just looking at reducing their office footprint: According to the analysis, other possible cost-cutting measures include closing branches and data centers and attempting to negotiate lower rents.Already, office vacancy rates in major metropolitan areas are reaching record levels. In Manhattan, the vacancy rate recently hit 13 percent, a rate not seen since 2003. In Chicago, the vacancy rate is 22 percent; in Los Angeles, it’s 21 percent. This could spell doom for investors and landlords who have significant holdings in those buildings.The commercial mortgage-backed securities market, meanwhile, may see heavy losses if companies continue to scale back their real-estate holdings.[Bloomberg] — Amy Plitt TagsCommercial Real EstateCoronavirusoffice marketcenter_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlinklast_img read more