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Vodafone Idea share will be in focus on Tuesday after the company’s board approved the issuance of up to 175.53 crore equity shares worth Rs 1,980 crore on a preferential basis. The shares will be issued at a price of Rs 11.25 per share, which is a premium of 39% to Monday's closing price and modestly higher than the FPO price of Rs 11 per share. The shares aggregating up to Rs 1,280 crore will be issued to Omega Telecom Holdings Private Limited while worth Rs 700 crore to Usha Martin Telematics Limited. Both are Vodafone Group entities and promoters of the company. Omega Telecom Holdings held 0.40% stake in Vodafone as on September 30, 2024 while Usha Martin's stake stood at 0.13%. Stock Trading Derivative Analytics Made Easy By - Vivek Bajaj, Co Founder- Stockedge and Elearnmarkets View Program Stock Trading Technical Analysis Made Easy: Online Certification Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Options Scalping Made Easy By - Sivakumar Jayachandran, Ace Scalper View Program Stock Trading Stock Investing Made Easy: Beginner's Stock Market Investment Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Technical Analysis Demystified: A Complete Guide to Trading By - Kunal Patel, Options Trader, Instructor View Program Stock Trading Technical Analysis for Everyone - Technical Analysis Course By - Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities View Program Stock Trading RSI Trading Techniques: Mastering the RSI Indicator By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Stock Valuation Made Easy By - Rounak Gouti, Investment commentary writer, Experience in equity research View Program Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder- Indiacharts.com View Program Stock Trading Advanced Strategies in Stock Market Mastery By - CA Raj K Agrawal, Chartered Accountant View Program Stock Trading Complete Guide to Stock Market Trading: From Basics to Advanced By - Harneet Singh Kharbanda, Full Time Trader View Program Stock Trading Renko Chart Patterns Made Easy By - Kaushik Akiwatkar, Derivative Trader and Investor View Program Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program The stock was recently in news after UK-based telecom operator Vodafone PLC announced its intention to sell a 3% stake in Indus Towers to settle a $101 million (approximately Rs 856 crore) debt and use the remaining proceeds to support its Indian venture, Vodafone Idea. It sold its entire remaining through a series of block deals with prominent global investment banks, alternative asset managers, large overseas fund houses, hedge funds, local mutual funds, and pension funds, raising around Rs 2,801.7 crore. This move completes Vodafone’s exit from the Indian tower company, which is now a subsidiary of Bharti Airtel . Vodafone Idea narrowed its losses to Rs 7,176 crore in the September quarter of FY25, compared with Rs 8,738 crore in the same quarter of last year. Revenue from operations in the reporting period rose marginally by 2% year-on-year (YoY) to Rs 10,932 crore. On a sequential basis, loss has widened from Rs 6432 crore posted in the preceding June quarter. Meanwhile, revenues improved 4% quarter-on-quarter, aided by the recent tariff hikes undertaken by all private operators. EBITDA for the quarter increased to Rs 4550 crore in the reporting quarter. This compares with Rs 4283 crore in the last year quarter. Cash EBITDA excluding Ind AS 116 impact improved to Rs 2320 crore, highest since the merger, growing by 10% QoQ. Also Read: Torrent Power raises Rs 3,500 crore in maiden QIP On Monday, Vodafone Idea shares closed at Rs 8.1, down 0.25% on the BSE, while the benchmark Sensex declined 0.25%. The stock has dropped 49% in the past six months and over 52% year-to-date, with the company’s market capitalization now at Rs 56,456 crore. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel )
Clarksville, TN, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Dickey’s Barbecue Pit franchisee Doug Keenum is making waves in Tennessee with a remarkable expansion journey. Since stepping into the world of Legit. Texas. Barbecue. in 2022, Keenum has transformed locations, opened a brand-new store, and taken on new opportunities with grit and determination. Doug began his barbecue journey by taking over the Madison Street location in Clarksville, TN, in August 2022. “The Madison location had a challenging reputation,” Keenum recalls. “We brought that one back to life, and now it’s getting great feedback from our guests.” Building on this success, Keenum opened a new Dickey’s location on Fort Campbell Blvd. in Clarksville in July 2024, just a stone’s throw from the local military base. “This store has been an exciting addition,” says Keenum. “We’re working hard to introduce our brand to more of the Clarksville community and make this location a favorite among military families.” In August 2024, Keenum expanded again, taking over an existing location in Brentwood, TN, just outside Nashville. “This location is another opportunity to make a positive impact,” says Keenum. “We’re focused on improving operations and creating a welcoming environment for our guests.” Doug’s efforts exemplify the entrepreneurial spirit that defines Dickey’s franchisees. Laura Rea Dickey, CEO of Dickey’s Barbecue Restaurants, Inc., praises his resilience and strategic growth. “Doug’s dedication to excellence and his ability to revitalize locations are truly inspiring,” she says. “He’s a tremendous asset to the Dickey’s family, and his success showcases the power of hard work and community focus.” Roland Dickey, Jr., CEO of Dickey’s Capital Group, echoes these sentiments. “Doug has embraced the life of franchise ownership,” Roland says. “His growth in Tennessee reflects the strength of the Dickey’s brand and the entrepreneurial vision that drives it forward.” Doug’s three Tennessee locations are part of his mission to bring Legit. Texas. Barbecue. to more communities. With a focus on quality, hospitality, and community engagement, Keenum continues to expand and enhance the Dickey’s experience for families across the state. About Dickey’s Barbecue Restaurants, Inc. Founded in 1941 by The Dickey Family, Dickey's Barbecue Restaurants, Inc. is the world’s largest barbecue concept and continues as a third-generation family-run business. For over 80 years, Dickey’s Barbecue Pit has served millions with its signature Legit. Texas. Barbecue.TM Slow-smoked over hickory wood-burning pits, Dickey’s barbecued meats are paired with a variety of southern sides. Committed to authentic barbecue, Dickey’s never takes shortcuts—because real barbecue can’t be rushed. With over 866 restaurants across eight concepts in the U.S. and several countries, Dickey’s Barbecue Franchise and Dickey’s Restaurant Brands continues to grow under the leadership of Roland Dickey, Jr ., CEO of Dickey’s Capital Group, and Laura Rea Dickey, CEO of Dickey’s Barbecue Pit, Inc. Dickey’s has been recognized on Newsweek’s 2022 "America’s Favorite Restaurant Chains" list, Nation’s Restaurant News 2024 top fast-casual brands for value, and USA Today’s 2021 Readers’ Choice Awards. The brand has also ranked in the Top 20 of Fast Casual’s “Top 100 Movers and Shakers” for four of the past five years. Additional accolades include Entrepreneur's Top 500 Franchise and Hospitality Technology’s Industry Heroes list. The brand has been featured by Fox News, Forbes, Franchise Times, The Wall Street Journal, and People Magazine . For more information, visit www.dickeys.com . For information about becoming a franchise partner, visit www.dickeysfranchise.com Attachment Doug Keenum and TeamEU urges FG to commit to implementing Disability ActNorth Dakota State's stunning 29-28 loss to the University of South Dakota cost the Bison the top seed in the FCS Playoff and a solo Missouri Valley Football Conference title, but that seemed to be all they lost. The Bison received the number two seed for the upcoming playoffs, meaning NDSU will host games at the Fargodome if they keep on winning. NDSU will face the winner of Abilene Christian and Northern Arizona next Saturday, Dec. 7. That doesn't mean there's a lack of topics to discuss surrounding Bison football as they head for a bye week. NDSU will practice the next three days before dispersing for the Thanksgiving holiday. WDAY's Dom Izzo and The Forum's Jeff Kolpack discuss the loss to South Dakota and what happened and how it could affect the upcoming playoff run.
A top state education official visited Springfield’s Chestnut Talented and Gifted Middle School Friday to celebrate it being recognized by the U.S. Department of Education as a “national distinguished school.” Acting Commissioner of the state Department of Elementary and Secondary Education Russell Johnston said Chestnut underwent “a remarkable transformation.” Once labeled an underperforming school, Chestnut joined only a handful of schools in the state serving students in grades 6-8 that left the underperforming status, a move it made in 2018 . The distinguished school designation was made by the National Elementary and Secondary Education Association Schools Program, a branch of the U.S. Department of Education. Only one other school in Massachusetts, which is located in Boston, will also receive the honor. “These two schools were chosen because of your amazing work and the educators who are here working together tirelessly to achieve these results,” Johnston said. “When you have community partners, amazing students and their families together with talented teachers and community partners and amazing administration, great things can happen.” School Principal Andrea Metzger said the designation was a “dream come true” for her. The students in her middle school come from across the city and are recognized as exceptional at an early age based on MCAS scores, school attendance and recommendations from school counselors and elementary school teachers. The 264 students in the program come from all neighborhoods in the city and include families living at or below the poverty level. “But they are just Springfield kids. They are here from all across Springfield. We bus them in,” she said. The principal of Chestnut Talented and Gifted Middle School, Andrea Metzger, told gathered students and faculty on Dec. 6, 2024, "You made my dream come true." (Dave Canton / The Republican) Dave Canton Metzger said part of the success of the Chestnut is primarily attention to academics. “We are focused on high academics, so in all their classes these kids are working above grade level. My sixth graders are doing seventh-grade work, while seventh-grade students are doing eighth-grade level work. So we are pushing them academically above their grade,” she said. But more than grades, the students’ social and emotional needs are also factored in. For example, Metzger said she does not suspend students for discipline problems. “I don’t believe in it. If you suspend a student, they don’t learn anything from it,” she said. Instead, the infraction becomes an opportunity to bring the student’s parents into the equation. “We talk about what happened,” she said. “They learn from talking about why they chose to do what they did. We sit down with them and unpack, have the family come in and talk with them. Ask them, ‘How can we do better, what can we do to improve, what resources do you need to support your child.’ I’m not just looking at the academic side, I am looking at the whole person.” Springfield School Superintendent Sonia Dinnall said she takes no credit for the program’s success but said it is a jumping-off point for Springfield education. “I am looking forward to expanding honors and awards in this district,” Dinnall said. “This is just the beginning. We have some schools that are Blue Ribbon Schools, and more schools will receive recognition as we continue with excellence. This is an example of hard work, dedication and commitment and the relentless pursuit of academic excellence.” Eighth-grader Ian Colloza-Cruz said before attending the school, he was not a good student. “Back then? To be honest, I didn’t really like school, but now I feel like I am more included in this community,” he said. “I feel like I have someone to talk to and the community has helped me a lot.” Fellow eighth-grader Josiah Cacique said the recognition for the program is special for him. “It holds a special place personally,” he said. “To see my school go so far and I got to be a part of that. It makes me happy that my principal can get this feeling of winning.” Both Colloza-Cruz and Cacique grew up speaking Spanish at home and now are part of the English as a second language learning programs. They are also the student body president and vice-president. The school is a member of the Springfield Empowerment Zone Partnership, a partnership of Springfield Public Schools, Springfield Education Association and the state Department of Elementary and Secondary Education. Co-executive directors Matt Brunell and Colleen Curran said the school embodies what the zone stands for. The school will receive the formal honor at the National ESEA Conference in February 2025. Chestnut Accelerated Middle School shown here on Oct. 3, 2024. (Don Treeger / The Republican) The Republican more news from Western Massachusetts
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Greensburg Elementary, a STEM Certified School committed to prioritizing future focused learning opportunities to all students, recently hosted its second STEM Family Night. Students and families participated in a variety of activities integrating Science, Technology, Engineering and Math. Stations including 3D printing design with 3D pens, an assortment of robots, aeronautics, and race car science were created and led by GES teachers and staff members. Experts from community partners including the Purdue Extension Office, Honda Manufacturing, and the Kids Discovery Factory provided valuable STEM and career exploration opportunities. Families were also able to view an astronomy presentation in the StarLab, which is a portable, inflatable planetarium that teaches about the night sky.No. 14 ASU, No. 17 Iowa State front-runners for possibly wild Big 12 finish
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