first_img whatsapp Share KCS-content Tags: NULL This week the AA recorded the highest rise in car insurance premiums since it began reporting market data. The average figure for the three cheapest car insurance quotes now stands at £2,457, with men aged 17-22 suffering a 47 per cent hike in just one year. The AA findings follow a recent YouGov SixthSense market report on motor insurance. The report shows that premium rises are coming off the back of a recessionary period where many consumers were forced to change their policy for both cover and cost related reasons. Fifty-seven per cent of car insurance holders who say they cancelled a policy in the past, say they did so during the recession.In addition, the graph shows that 61 per cent of comprehensive motor insurance policy cancellations recorded in the survey were carried out without the policyholder having another policy lined up; suggesting the importance of lifestage and lifestyle changes, the abandonment of car ownership and the possibility of driving without insurance.The report also suggests that premium increases could be attributed to profligate strategies adopted by insurance companies in recent years. It argues that during this period insurers often underwrote premiums in order to expand market share and policy volume at the expense of profit – an unsustainable gambit that would appear to have come back to bite insurers and consumers alike.However, insurers point to the rising cost of car repairs at a rate of between 7-10 per cent per year as one of the factors driving up premium rates. Moreover, the number and value of personal injury claims being made following car accidents has been rising, despite an overall drop in accident numbers. Insurers argue they have to build reserves in order to deal with the proliferation and inflated cost of injury claims, thereby necessitating higher premium rates. Stephan Shakespeare is founder and chief executive of YouGov. Tuesday 12 October 2010 7:59 pm Drivers face record rise in premiums Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Show Comments ▼ whatsapplast_img read more

first_img Virat Kohli completes 10 years in Test Cricket: 10 things you should know about India skipper- check out by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeGrammarlyImprove Your Spelling With This Helpful Browser ExtensionGrammarlyUndoE! OnlineTLC’s So Freaking Cheap Takes Penny-Pinching to the ExtremeE! OnlineUndocio.comUnlocking the Success of Digital Transformation with Active Intelligencecio.comUndoIn line with this year’s Women’s Day theme – “Each for Equal”, the new campaign underscores the role women play on a daily basis to challenge stereotypes, fight bias, and create a world with more dignity and broader opportunities for all. Through this campaign, Haier is shattering the gender bias and issues that are hindering our move to create an equal world for all, states a Press release.As a part of the series, the campaign unfolded with a video on Pay Gap that beautifully brings out Dipa’s vigour and strength through several athletic moves and portrays her as a warrior to destroy the issue of unequal pay for women. With an aim to ‘Change the Narrative’, the video series will focus on different challenges and biases against women that prevails in the society in today’s world.Participating to express the views on the gender wage gap, influencers chimed in on social media and applauded the campaign by Haier. Speaking out against Pay Gap, these women influencers pressed on how women contribute equally as much as men in their roles and these gender inequalities must end to create an equal world.NS Satish, Senior Vice President, Sales & Marketing at Haier Appliances India said, “At Haier, we are constantly working towards touching upon subjects that hold a matter of relevance in our society. This Women’s Day, we wanted to highlight some of the major stereotypes that are deeply entrenched in society and act as a barrier for women in realizing their dreams. Our new campaign is a testament to our philosophy of ‘Inspired Living’ where we are trying to defy these norms through the courage and passion of India’s inspiring women athlete, Dipa Karmakar.”Raj Kamble, Founder and CCO, Famous Innovations adds, “We are proud to work on a project that is defying the gender biases in today’s world. Through this video series, we have not only tried to highlight the prevalent barriers that women face in the present day society but also showcased a powerful way to defy these with strong grit and passion.”When it comes to campaigns, Haier has always displayed originality and innovation in its overall conceptualization and communication. Following the core brand philosophy of ‘Inspired Living’, Haier derives inspiration from listening to the consumer needs to create solutions that complement their evolving lifestyles.The video series, conceptualized and created in collaboration with Famous Innovations was released on 08 March 2020 across all leading social media platforms. Share on Facebook Tweet on Twitter By Kunal Dhyani – March 11, 2020 YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndo Home Appliances & Consumer Electronics brand Haier has announced the launch its new campaign, which challenges the gender biases and issues associated with the women in the real world.The Women’s Day campaign features India’s leading sportswoman, Dipa Karmakar (Artistic Gymnast, Olympian, Khel Ratna Awardee) as a symbol of power and strength to fight against the constricting barriers of pay gap, sexism, patriarchy, misogyny, body shaming etc. that holds back dynamic women to realize their dreams. Cricket Facebook Twitter Football Cricket RELATED ARTICLESMORE FROM AUTHOR Cricket ICC WTC Final: Ravichandran Ashwin reveals when he plans to retire from cricket Tokyo Olympics: Covid-19 scare continues after a Uganda team member tests positive Formula 1 Tokyo Olympics: Organisers mulls allowing 20,000 fans for Tokyo 2020 Opening ceremony Euro 2020: Cristiano Ronaldo at 36, Covers 92m in 14 seconds to score his maiden goal against Germany – Watch F1 French GP 2021 Live: Max Verstappen vs Lewis Hamilton today at 6:30 pm — Follow Live Updates Tokyo Olympics Village: Organizers unveils Tokyo games athletes village to the media, check first look Latest Sports News Haier India shatters gender biases with Women’s Day campaign Happy Father’s Day: ‘We Miss You’, Hardik Pandya pens emotional message for his father SHARE Latest Sports News Happy Father’s Day: Nostalgic Sachin Tendulkar shares a special item that belonged to his father; Check video Cricket Latest Sports News Sports BusinessBrandsLatest Sports NewsNewsSport Previous articleLongines, Commonwealth Games Federation ink long-term partnershipNext articleStar Sports, BCCI launch IPL 2020 campaign with Dhoni Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. India Tour of Sri Lanka: From books to gym, Sanju Samson shares story of his quarantine life Cricket last_img read more

first_img Facebook Twitter WTC Final Day 3 LIVE Score: Latham, Conway stand firm against India pace attack; NZ 36/0 (20 ovs)- Follow Live Updates By Kunal Dhyani – March 19, 2021 Share on Facebook Tweet on Twitter Cricket Cricket TAGSRoad Safety Semi-Final DateRoad Safety Semi-Final LiveRoad Safety Semi-Final ScheduleRoad Safety Semi-Final TimeRoad Safety World Series LIVE SHARE Cricket Cricket Freight & Shipping Quotes | Search AdsResearch & Compare Freight & Shipping QuotesEnjoy Affordable Freight & Shipping Services With These Service ProvidersFreight & Shipping Quotes | Search Ads|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factory|SponsoredSponsoredUndoYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads|SponsoredSponsoredUndo ICC WTC Final LIVE commentary: AIR, DD Sports to live stream & broadcast India vs New Zealand for free Cricket by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeIPL 2020: Bad news for Sunrisers Hyderabad’s Jonny BairstowUndoIPL 2020 : Srikanth and fans slams MS Dhoni, says ‘wasted 15 Cr on Jadhav & Chawla’UndoSuresh Raina issues statement after arrest, says the incident in Mumbai was ‘unintentional’UndoWhen will Road Safety World Series Semi-Final played? Date Road Safety World Series Semi-Final 2021 will played on 17 and 19 March17 March 2021 – India Legends advances to Finals, Sachin, Yuvraj shine, crush West Indies Legends by 12 runs19 March 2021 – Sri Lanka Legends vs South Africa Legends, Semifinal 221 March 2021- Final  – India Legends  vs TBCWhen will Road Safety World Series Final played? Date Road Safety World Series Final 2021 will played on 21 MarchWhere is the Road Safety World Series Semi-Final  2021 being played?Road Safety World Series 2021 Semi-Final match will be played at Shaheed Veer Narayan Singh International Stadium, Raipur.Which TV channel will broadcast the Road Safety World Series Semi-Final  2021?Road Safety World Series 2021 Semi-Final match will be telecasted on Colors Cineplex, Rishtey Cineplex, and Colors in India.Also Read: Road Safety World Series, Ind-L vs WI-L Semifinal: From Sehwag to Lara, 5 players to watch out forWhere can you live stream the Semi-Final match?Road Safety World Series 2021Semi-Final will live stream on Voot App JioTV in India.Road Safety World Series 2021 Semi-Final Schedule17 March 2021 – India Legends advances to Finals, Sachin, Yuvraj shine, crush West Indies Legends by 12 runs19 March 2021 – Sri Lanka Legends vs South Africa Legends, Semifinal 221 March 2021- Final  – India Legends  vs TBC Previous articleAFG beat ZIM 2nd T20: Karim Janat, Rashid Khan shine, Afghanistan crushes Zimbabwe by 45 runs and seals a series winNext articleLakshya Sen loses to Caljouw in All England Open Quarterfinals, top seed Momota also ousted Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Cricket Road Safety World Series Semi-Final Live Streaming: Full Schedule, Squads Date Time, live streaming, Teams, Tickets all you need to know Cricket WTC Final 2021 LIVE: 5 Ways to watch India vs New Zealand World Test Championship LIVE Streaming for free WTC Final LIVE: Muttiah Muralitharan voted ‘Greatest Men’s Test Bowler’ of 21st century WI vs SA 2nd Test Day 3 Live: Start delayed due to rain, SA lead by 149 runs – Follow Live Updates Cricket Cricket Cricket RELATED ARTICLESMORE FROM AUTHOR IND vs NZ Live Streaming for free with Jio, Airtel and Vodafone Idea, Check out the best Recharge Plan Road Safety World Series Semi-Final Live Streaming: Full Schedule, Squads Date Time, live streaming, Teams, Tickets all you need to know Road Safety World Series Semi-Final Live Streaming: Full Schedule, Squads Date Time, live streaming, Teams, Tickets all you need to knowWhat are the timings of the Road Safety World Series Semi-Final  2021 ?Road Safety World Series Semi-Final 2021 will start at 07:00 PM IST. WTC Final Live: Virat Kohli continues century drought as Kyle Jamieson wins IPL team rivalry WTC Final 2021: India vs New Zealand Full Squad, Schedule, Live Streaming, Date, Time, Venue all you need to know World Test Championship final WTC Final Live- Ind vs NZ: Kyle Jamieson bags 5th five-wicket haul in 8th Test, rattles India in WTC final Cricket BCCI to form committee to take call on compensating domestic cricketers last_img read more

first_imgAtlantic Leaf Properties Limited ( listed on the Stock Exchange of Mauritius under the Property sector has released it’s 2017 annual report.For more information about Atlantic Leaf Properties Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Atlantic Leaf Properties Limited ( company page on AfricanFinancials.Document: Atlantic Leaf Properties Limited (  2017 annual report.Company ProfileAtlantic Leaf Properties Limited is a real estate company incorporated in Mauritius. The company is the first pound dominated Global Business Licence company to be listed on the Stock Exchange of Mauritius. Atlantic Leaf Properties Limited invests in high quality, investment grade real estate assets and companies which deliver solid returns for investors through both income and quality growth. Atlantic Leaf Properties Limited is listed on the Mauritius Stock Exchange as well as the Johannesburg Stock Exchange.last_img read more

first_imgLucara Diamonds Corporation ( listed on the Botswana Stock Exchange under the Mining sector has released it’s 2017 abridged results.For more information about Lucara Diamonds Corporation ( reports, abridged reports, interim earnings results and earnings presentations, visit the Lucara Diamonds Corporation ( company page on AfricanFinancials.Document: Lucara Diamonds Corporation (  2017 abridged results.Company ProfileLucara Diamond Corporation is a diamond exploration and mining company which operates in southern Africa. Its principal asset is the wholly-owned Karowe Mine in Botswana where Lesidi La Rona was found; the world’s second largest gem-quality diamond. Karowe Mine consistently produces large Type IIA stones and has an estimated worth of $US2.2 billion unmined diamonds. Lucara Diamond Corporation also has interests in the Mothae Diamond Project in Lesotho and the Kavango Diamond Project in Namibia. The company was previously known as Bannockburn Resources Limited, but the name was changed to Lucara Diamond Corporation in 2007. Lucara Diamond Corporation is a member of the Lundin Group of Companies with its head office based in Vancouver, Canada.last_img read more

first_imgThursday Sep 5, 2013 Richard Buckman flick pass sets up great try for Hawkes Bay Hawkes Bay claimed the highly sought-after Ranfurly Shield for the first time in 44 years when they beat Otago 20-19 in a great game in Dunedin last weekend. They scored two electric tries, the first of which came about through a superb offload. Otago claimed the Shield by beating Waikato in Hamilton just nine days earlier, but their defence didn’t last long. They had last held it in 1957, so the pain of losing it in front of a 20 000 strong crowd in Dunedin will last for some time to come.They did have a good chance of snatching the win, but flyhalf Hayden Parker’s dropgoal attempt was charged down in a dramatic end to the match.It’s now all about the Magpies, who themselves hadn’t won it since 1969. Their first defence takes place this coming Saturday at McLean Park, where they face Counties Manukau.Ihaia West scored a brilliant individual effort to push the score out to 20-9, while earlier Telusa Veainu scored after a well executed flick by Richard Buckman. He ran around Tom Donnelly then offloaded to flyer Gillies Kaka, who did the rest to set up Veainu. “It’s an amazing feeling, it hasn’t quite sunk in yet,” said 21-year-old West. “You couldn’t hear anything with the crowd. The boys just managed to pull through and I’m stoked we could do it.Hawkes Bay Airport was packed with fans to greet the triumphant side, and the streets of Napier were lined with thousands to welcome them home with the coveted Log O’ Wood.Hawkes Bay actually held the Shield for 21 defences in the 1960’s, so we can expect Saturday at McLean Park to be a massive occasion as Counties do all they can to topple the new holders. Below is the first try with Buckman’s wonder flick, and you can view the West effort on page twoFormer Baby Black star Ihaia West’s outstanding effort against OtagoADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Great Tries Related Articles 26 WEEKS AGO Incredible athleticism for sensational try… 26 WEEKS AGO ARCHIVE: Suntory score amazing try to upset… 26 WEEKS AGO WATCH: All 12 tries from EPIC Bristol-Clermont… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

first_img As the official statistics continue to conceal the coronavirus epidemic’s real impact in Iran, the Iranian authorities are stepping up their harassment of journalists who are providing independent coverage of the spread of the virus and, in particular, the real number of deaths. Iran: Press freedom violations recounted in real time January 2020 Receive email alerts News Call for Iranian New Year pardons for Iran’s 21 imprisoned journalists June 9, 2021 Find out more “Misinforming and harassing journalists who are providing information about the real situation in Iran will not help to combat the coronavirus epidemic, quite the contrary,” said Reza Moini, the head of RSF’s Iran desk. “The authorities must respect the public’s right to full, independent, diverse and quality news reporting, as enshrined in the Universal Declaration of Human Rights. To protect the population, information needs to circulate properly.” Hamzeh Zare, the deputy prosecutor of the holy city of Qom, announced on 5 March that the person who shot clandestine video footage in the city’s morgue had been arrested and charged. The video, which has circulated widely on social media, showed the bodies of around 30 coronavirus victims, although the official number of deaths in Qom was much lower. News Organisation News In the capital, Tehran, four journalists who are active on social networks, including Mostafa Faghihi, the editor of the Entekhab news website, and the documentary filmmaker Hussein Dehbashi, were summoned by intelligence ministry officials and the prosecutor’s office for publicly casting doubt on official informational about the epidemic. Fardin Moustafai, the editor of a news channel on the Telegram instant messaging app, was summoned by the judicial authorities in Saqqez, in Kurdistan province, on 6 March and was charged with publishing figures contradicting official information about the epidemic’s progress in the province. Help by sharing this information Iran is ranked 170th out of 180 countries in RSF’s 2019 World Press Freedom Index. March 13, 2020 Iranian journalists hounded for disputing official coronavirus figures Two days later, the head of the judicial system in Qom, Ali Mozafari, announced the arrest of a nurse in Qom who had posted information on Instagram about the real number of deaths and the lack of equipment in the hospital. He was released provisionally three days later. Follow the news on Iran RSF_en These latest cases of judicial harassment follow those already reported by RSF in February. RSF also already condemned the concealment of the facts about the spread of the virus in Iran. After Hengameh Shahidi’s pardon, RSF asks Supreme Leader to free all imprisoned journalists to go further News In almost all parts of the country, journalists and citizen-journalists have been summoned for questioning by ministry of intelligence officials or Revolutionary Guards after reporting information that contradicted official statements about the COVID-19 epidemic, and some have been charged with “spreading rumours.” IranMiddle East – North Africa Condemning abusesOnline freedoms ImprisonedCitizen-journalistsWhistleblowersViolence March 18, 2021 Find out more In Rasht, one of the cities that has been hit worst by the epidemic, two journalists were summoned for questioning by Revolutionary Guard intelligence officials for publishing information about the chaotic situation in the city and the number of victims. One of the officials told them: “The country is at war and the publication of this information amounts to collaborating with the enemy.” IranMiddle East – North Africa Condemning abusesOnline freedoms ImprisonedCitizen-journalistsWhistleblowersViolence February 25, 2021 Find out morelast_img read more

first_img WhatsApp By admin – June 18, 2018 Facebook Home Local News Big Bend brewers showcased on Vice’s Beerland series Previous articleDistinguished budget presentation awardNext article‘Life After Loss’ admin RELATED ARTICLESMORE FROM AUTHOR Pinterest OC employee of the year always learning Down next to Fort Davis and Alpine, and all around that intersection of art and culture that the city of Marfa has become, James Bailey knew there was something special worth sharing.So he was glad to help welcome visitors earlier this year, and to show off some of the sights and sounds of the area — and a taste of it, too.Bailey and other Big Bend homebrewers are set to be featured on the newest episode of Beerland, the series that proclaims to be part travel show and part brewing competition, airing on Vice media’s TV channel Viceland.The new episode centered on the show’s visit to Marfa and surrounding far West Texas is set to air Tuesday night at 10 p.m., and will be streaming on Viceland’s website after. 2021 SCHOOL HONORS: Permian High School 1 of 2 ECISD undergoing ‘equity audit’ Hawaiian Roll Ham SlidersSlap Your Mama It’s So Delicious Southern Squash CasseroleFoolproof Roasted Pork TenderloinPowered By 10 Sec Mama’s Deviled Eggs NextStay center_img Marfa’s Tatanka Guerrero, left, and James Bailey are depicted during production of the new episode ‘Beerland,’ which showcases homebrewers in the Big Bend area. Facebook WhatsApp Pinterest Twitter Marfa’s Tatanka Guerrero, left, and James Bailey are depicted during production of the new episode ‘Beerland,’ which showcases homebrewers in the Big Bend area. Twitter 061818 marfa craft beer 02 Local News Big Bend brewers showcased on Vice’s Beerland series The show has traveled to as far as Hawaii and New York, and this season, made stops in New Orleans and in Pittsburgh before making it to the Big Bend area.“We’re very excited when anyone wants to showcase West Texas, especially this part of West Texas,” said Bailey, one of the brewers featured in the new episode.Bailey, who lives and works in Marfa, collaborated with his business partner Tatanka Guerrero to put together a homebrewed beer for the show, which is compared with a beer brewed by a group in the Davis Mountains area.At the end of each season, the show invites chosen brewers to Los Angeles for the finale, where a winner’s beer is picked to be distributed by Golden Road Brewing, which was founded by show host Meg Gill.“We care a lot about the community of Marfa and we wanted to showcase the community and the people that make things happen here,” Bailey said over the phone last week, talking about the West Texas episode. Bailey is the culinary director at Al Campo restaurant in Marfa, which is owned by Guerrero.“We wanted to really showcase the sense of community, and the food that we do have here in particular at the restaurant, and some of the history of West Texas,” Bailey added.Bailey said the show put out casting calls for the area a few months before filming, when Bailey and Guerrero decided to reach out.Guerrero opened Al Campo about a year ago, before Bailey joined the business about six months ago, Bailey said. Their collaboration in the kettle reflects their work there, he said.“A lot of our episode is more about a lot of the farm-to-table mentality and sourcing locally, and trying to build culture,” Bailey said. “That’s kind of where our story lies — and the combination of food and beer.“Our beer that we made was aimed toward something that you would want to drink and eat with.”Of course, it’s that kind of homespun focus on food, art and culture that’s made Marfa famous in recent years — and it’s probably why show producers chose to head to the tiny West Texas area among visits to major cities across the country, and probably why they’re coming back.Golden Road is hosting a viewing party for the new episode of Beerland at Railroad Blues in Alpine on Tuesday.“One of the main goals of Beerland is to examine the unique and diverse cultures that have grown up around homebrewing across the country,” show host Gill said in a statement about the West Texas episode. “Marfa is nothing if not unique, there’s no place else like it.“It’s bursting with creative, talented, and innovative homebrewers and I had to come see it for myself,” she said.Bailey said he thinks viewers who tune in to the episode should be able to see some of that for themselves.“I think maybe Marfa, for a lot of people in the area, has this reputation as kind of a stuck-up, artist, kind of cliquish community,” Bailey said. “Maybe some people will realize that there’s people here that are real down to earth, doing good, awesome, fun things.“We just want people to come here and have a good time. Nothing else really matters to us, as long as you have a good time while you’re here.”last_img read more

first_img WhatsApp MCLEAN, Va.–(BUSINESS WIRE)–Feb 8, 2021– KLDiscovery Inc. (“KLDiscovery”), a leading global provider of electronic discovery, information governance and data recovery services, today announced that certain of its subsidiaries (such subsidiaries, collectively, the “Loan Parties”) have entered into a new secured credit agreement, dated February 8, 2021 (the “New Credit Agreement”), with Wilmington Trust, National Association and certain lenders which increases KLDiscovery’s loan capacity, lowers annual debt payments from $17 million to $3 million and terminates all lending commitments under its prior First Lien Credit Agreement , dated December 9, 2016, with Royal Bank of Canada (the “Prior Credit Agreement”). The New Credit Agreement provides for (i) initial term loans in an aggregate principal amount of $300 million (the “Initial Term Loans”), (ii) delayed draw term loans in an aggregate principal amount of $50 million (the “Delayed Draw Term Loans”) and (iii) revolving credit loans in an aggregate principal amount of $40 million (the “Revolving Credit Loans”). The Revolving Credit Loans represent an increase of $10 million over the prior revolving credit loans they replace. The Initial Term Loans and Delayed Draw Term Loans will bear interest at the Adjusted Eurocurrency Rate plus 6.50% per annum, or with respect to Base Rate Loans, the Base Rate plus 5.50% per annum. The Revolving Credit Loans will bear interest at the Adjusted Eurocurrency Rate plus 4.00% per annum, or with respect to Base Rate Loans, the Base Rate plus 3.00% per annum. Rates are at the discretion of the Loan Parties. The Initial Term Loans and Delayed Draw Term Loans amortize at a rate of 1.00% of the aggregate principal amount of Initial Term Loans and Delayed Draw Term Loans outstanding, payable quarterly. This amortization rate is a significant improvement from the Prior Credit Agreement, decreasing from 5.00% in the Prior Credit Agreement to 1.00% pursuant to the New Credit Agreement. The Revolving Credit Loans, Initial Term Loans and Delayed Draw Term Loans are each scheduled to mature on the earlier of February 8, 2026 and six months prior to maturity of KLDiscovery’s convertible debentures due 2024. “We are pleased we are able to refinance our former debt with more favorable terms and financial covenants as we continue to strengthen KLDiscovery for the long-term,” said Christopher Weiler, Chief Executive Officer of KLDiscovery. “Lowering our annual debt payments significantly improves our annual cash flow.” About KLDiscovery KLDiscovery provides technology-enabled services and software to help law firms, corporations, government agencies and consumers solve complex data challenges. The company has 32 locations, nine data centers and 18 data recovery labs across 18 countries and is a global leader in delivering best-in-class eDiscovery, information governance and data recovery solutions to support the litigation, regulatory compliance, internal investigation and data recovery and management needs of our clients. Serving clients for over 30 years, KLDiscovery offers data collection and forensic investigation, early case assessment, electronic discovery and data processing, application software and data hosting for web-based document reviews, and managed document review services. In addition, through its global Ontrack Data Recovery business, KLDiscovery delivers world-class data recovery, email extraction and restoration, data destruction and tape management. KLDiscovery has been recognized as one of the fastest growing companies in North America by both Inc. Magazine (Inc. 5000) and Deloitte (Deloitte’s Technology Fast 500) and CEO Chris Weiler was recognized as a 2014 Ernst & Young Entrepreneur of the Year™. Additionally, KLDiscovery is a Relativity Certified Partner and maintains ISO/IEC 27001 Certified data centers around the world. For more information, please email [email protected] or visit This press release includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical facts, including, without limitation, statements regarding KLDiscovery’s future financial and business performance, attractiveness of KLDiscovery’s product offerings and platform and the value proposition of KLDiscovery’s products, are forward-looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside KLDiscovery’s management’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: the ongoing impact of COVID-19, KLDiscovery’s ability to execute on its plans to develop and market new products and the timing of these development programs; KLDiscovery’s estimates of the size of the markets for its solutions; the rate and degree of market acceptance of KLDiscovery’s solutions; the success of other competing technologies that may become available; KLDiscovery’s ability to identify and integrate acquisitions; the performance and security of KLDiscovery’s services; potential litigation involving KLDiscovery; general economic conditions and cyclical nature of certain markets impacting demand for KLDiscovery’s services; KLDiscovery’s substantial levels of indebtedness; changes in complex laws and regulations in the U.S. and internationally; and volatility in the trading price of KLDiscovery common stock and warrants. These risks and other factors discussed in the “Risk Factors” section of KLDiscovery’s Annual Report on Form 10-K filed with the Securities Exchange Commission (“SEC”) and any other reports KLDiscovery files with the SEC could cause actual results to differ materially from those expressed or implied by forward-looking statements made by KLDiscovery or on our behalf. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. All statements speak only as of the date made, and unless legally required, KLDiscovery undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. View source version on CONTACT: Media Contact: Krystina Jones 888-811-3789 [email protected] Contact: Richard Simonelli 202-450-9516 [email protected] KEYWORD: VIRGINIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: LEGAL TECHNOLOGY FINANCE CONSULTING OTHER TECHNOLOGY PROFESSIONAL SERVICES SOFTWARE DATA MANAGEMENT OTHER PROFESSIONAL SERVICES SOURCE: KLDiscovery Inc. Copyright Business Wire 2021. PUB: 02/08/2021 04:30 PM/DISC: 02/08/2021 04:30 PM Facebook Twitter Facebook Pinterest WhatsApp Twittercenter_img Pinterest Local NewsBusiness TAGS  By Digital AIM Web Support – February 8, 2021 KLDiscovery Inc. Signs New Credit Agreement to Refinance Existing Debt Obligations With Increased Capacity and Reduced Principal Amortization, Lowering Annual Debt Payments from $17 Million to $3 Million Previous articleGreenVision Acquisition Corp. 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first_imgNews UpdatesDeadline For Income Tax Returns : Gujarat High Court Asks CBDT To Decide On Extension By Jan 12 Nupur Thapliyal9 Jan 2021 11:02 PMShare This – xA division bench of the Gujarat High Court comprising of Justice J.B. Pardiwala and Justice Ilesh J. Vora on Friday directed Central Board of Direct Taxation (CBDT) to take a decision by January 12 on the extension of filing of Income Tax Returns (ITR) and Tax Audit Reports (TAR) for the annual year 2020-21. The High Court opined that the powers exercised by the CBDT are beneficial in…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?LoginA division bench of the Gujarat High Court comprising of Justice J.B. Pardiwala and Justice Ilesh J. Vora on Friday directed Central Board of Direct Taxation (CBDT) to take a decision by January 12 on the extension of filing of Income Tax Returns (ITR) and Tax Audit Reports (TAR) for the annual year 2020-21. The High Court opined that the powers exercised by the CBDT are beneficial in nature and therefore, it should exercise it for proper administration of fiscal law so that undue hardships is not caused to the taxpayers. The decision came after the Government had extended the due dates of filing ITR and tax audit reports after considering the pandemic situation.OBSERVATION OF THE COURT The bench while analyzing the issue relied heavily on Vaghjibhai S. Bishnoi v. Income Tax Officer & Anr. (2013) wherein the Gujarat High Court has held that the powers given to CBDT are beneficial in nature and are to be exercised for a proper administration of fiscal law so that undue hardships is not caused to taxpayers. The Court therefore directed the respondents to reconsider the issue and taken an appropriate decision by 12th January 2021. “The purpose is of just, proper and efficient management of the work of assessment and the public interest. One additional aspect that needs to be kept in mind before taking any appropriate decision that the time period of officials of tax department has been extended to 30st March 2021 having regard to the current covid-19 pandemic situation. If that be so, then some extension deserves to be considered in accordance with law. Let an appropriate decision be taken by 12th January 2021.” The order stated.On December 30, the CBDT had further extended the deadlines for various filings of returns under the Income Tax Act. The deadline for individual filings was extended to January 10. BACKGROUND OF THE CASE The petitioner, The All Gujarat Federation of Tax Consultants, approached the High Court seeking directions on Central Board of Direct Taxation (CBDT) to extend the date of filing the Income Tax Returns (ITR) and Tax Audit Reports (TAR) for the annual year 2020-21 to 31.01.2021 in the wake of Covid-19 pandemic. According to the petitioner, the CBDT after analyzing the pandemic situation last year, extended the due date for filing the tax audit report from 30th September 2020 to 31st October 2020 for those assessees who had to get their books of accounts audited. Therefore, the prayer seeks direction on Union of India, Ministry of Finance to ask CBDT for extending the due date of filing the Income Tax Returns (ITR) and Tax Audit Reports (TAR) from 31st October 2020 to 31st January 2021 by exercising the powers under Sec. 119 of the Income Tax Act, 1961. The reason accorded by the petitioner in seeking the relief is that due to the pandemic condition and work from home guidelines, it was impossible for the Tax Practitioners to complete the audit work for the said period for issuance of certificate under Sec. 44AB of the Act within 30th October 2020. The following are the grievances of the petitioner: That the one month minimal extension provided for filing of ITR under sec. 139 of the Act is “meager” and therefore violative of Art. 14 and Art. 19(1)(g) for being ,manifestly arbitrary, discriminatory and unreasonable.That there is a duty upon Ministry of Finance to ensure that necessary utility for e-fling of the ITR is made available to various categories of assesses at the beginning of the assessment year so that the tax matters can be planned. STAND OF THE RESPONDENTS According to the respondents, the time limit of preparing the Tax Audit Reports was extended to 15th January 2021 whereas for filing of the ITR, it was extended to 15th February 2021 pursuant to the covid pandemic. This was done in three ways: The due date for filing income tax returns for 2020­-21 was extended vide the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 to 30th November 2020 which was subsequently extended to 31.01.2021 for cases wherein tax reports had to be filed and for any other cases, the same was 31.12.2020.Since the date of filing tax audit reports was one month prior to due date for return, the due date of filing tax audit report was also extended to 31.10.2020 and thereafter extended to 31.12.2020.The due dates were further extended to 15.02.2021 for cases wherein tax audit reports were to be filed and 10.01.2021 for other case. It was thereafter submitted that the Government of India has been proactive in analyzing the pandemic situation however, because the ITR and tax audit reports are considered essential part of obligation of assesses, the same cannot be delayed indefinitely. According to the respondents, many functions of the income tax department begin only after the returns are filed by the assessee. It was also argued that it was from these tax collections especially in the times of pandemic that the Government could carry out relief work for poor and other health care facilities and any delay in the procedure would affect the collection of taxes and collection of revenue for Government.Case Name: All Gujarat Federation of Tax Consultants v. Union of India Date of Order: 08.0.2021Click Here To Download Judgment[Read Judgment]Subscribe 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