NIB continues 25 Years commemoration with International Symposium

first_img Related Items:#magneticmedianews, #NIBis25years Facebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, March 28, 2017 – Providenciales – The National Insurance Board 25th Anniversary Investment Symposium where some 40 delegates from 13 countries are represented opened today at Beaches Resort with the help of TCIs children and its country leader.The TCI Cadet Corp executed a stellar flags and national anthems parade, Youth Explosion champions from the Wesley Methodist School gave a riveting show of culture including song, dance and costumes, a prayer for singleness of heart among the nations and delegates was brought by Fr. Tellison Glover of the Anglican church, there was a warm welcome by Deputy Chairman of the NIB, Floyd Seymour and the event was chaired by Obrien Forbes, well known charismatic MC.In her keynote address, Premier and Finance Minister, Hon Sharlene Robinson shared that while the NIB is performing outstandingly well today and is the country’s largest owner of assets at well over $200 million, it needs to live a long life and that will demand, she explained, that innovative strategies be instituted now for the future.Premier Robinson points out that the NIB, operating as it is today would run out of resources by 2050 and therefore committed her administration to seek out ways for the National Insurance Board to be bolstered and built so that it is not depleted and is always able to respond to the social needs of its contributors.National songs were brought by the NIB Choir with remarks coming from Reginald Thomas, who flew in from Mexico and is the Director of the Inter-American Center for Social Security Studies.   The Vote of Thanks was proudly delivered by CEO of the NIB, Walter Gardiner.#MagneticMediaNews#NIBis25years Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

TCS shares fall after it settles Orange County litigation for 26 million

first_imgTata Consultancy Services (TCS) shares fell marginally following news that the company has paid $26 million to Orange County, California to settle a lawsuit. The settlement ended a three-year litigation over the failure of TCS’ US affiliate to deliver a new property tax management system to the county in 2010, the deadline decided between the parties to deliver the software.The county’s litigation alleged that TCS “presented false claims in the form of invoices and reports, provided false and unachievable milestone completion dates, and intentionally understaffed the project to maximize profit.” The county said the company tried to extend what was originally a two-year, $6.4 million contract into a six-year, $17 million project.The settlement amount, according to Orange County, is four times the actual amount of the contract and five times the cost it actually paid to TCS America.As per the initial contract, TCS America was to have delivered the property tax system by July 2010 for $6.4 million. In June 2010, the delivery date was extended for a year and sanctioned $1.2 million. When TCS failed to deliver the software in 2011, the supervisors of the project approved another $2.7 million while deferring the deadline to July 2012. This brought the total cost of the contract to $10.3 million until 2012.In 2013, TCS sought a third extension for two more years while claiming that the company needed an additional $7 million, taking the total cost to $17 million, following which the county sued the company in the same year. When the county terminated its contract, it had paid the IT vendor $4.9 million in total grand for the project.The county claimed that the Indian IT services exporter violated the California False Claim Act and filed a litigation on account of “fraudulent concealment, intentional misrepresentation and breach of contract” among other charges. TCS had filed a cross-complaint asking the US District Court to dismiss claims of fraudulence. In an order dated April 1, 2016, the court turned down Tata’s plea.The county’s statement said if the litigation was not settled, it would have led to a trial on Aug. 2, 2016. It also stated that the county had spent approximately $10 million on legal and expert fees in preparation for the trial.last_img read more

Police Ananias Jolley Student Stabbed at Baltimore High School Dies

first_imgThis undated file photo provided by the Baltimore Police Department, shows Donte Crawford. Crawford was charged as an adult with attempted murder in the stabbing of a schoolmate at Renaissance Academy High School in Baltimore. Baltimore police spokesman T.J. Smith said in a statement that the student died Sunday, Dec. 21, nearly a month after the Nov. 24 stabbing. (Baltimore Police Department via AP)BALTIMORE (AP) — A 17-year-old student who authorities say was stabbed by another teen in a Baltimore high school classroom has died.Baltimore police spokesman T.J. Smith said in a statement that the student died Sunday night, nearly a month after the Nov. 24 stabbing at Renaissance Academy High School.Lt. Jarron Jackson, another police spokesman, identified the slain student as Ananias Jolley.Seventeen-year-old Donte Crawford is charged as an adult with attempted murder in the attack. Smith says investigators are working with the State’s Attorney’s Office to file additional charges.Police said Crawford, a 10th-grader, went into an occupied third-floor classroom, stabbed the 11th-grader and ran away. Crawford was arrested a short time later at home. Police said it wasn’t clear what prompted the attack.___This story has been corrected to show that Jackson is a lieutenant, not a sergeant.last_img read more

Azul Beach Resort Sensatori Jamaica opens with 98 suites and plenty of

first_imgTags: Karisma Hotels & Resorts NEGRIL — Kicking off the summer season in style, Karisma Hotels and Resorts has opened the doors to its newest island hotel, Azul Beach Resort Sensatori Jamaica by Karisma.Located on Seven Mile Beach in Negril, the contemporary ocean-view suite resort was officially feted by friends, colleagues and several Jamaican VIPS including Prime Minister Andrew Holness, Minister of Tourism Edmund Bartlett and John Lynch of the Jamaica Tourism Board. Wednesday, July 5, 2017 Karisma Hotels & Resorts Chairman & CEO Rafael Feliz spoke about his commitment to Jamaica, the first country after Mexico chosen for Karisma Resorts’ expansion. “Jamaica has shown its devotion to tourism and welcomes foreign investment,” said Feliz, adding that Karisma Hotels & Resorts properties are now found in nine countries including the D.R., Colombia, Montenegro and Croatia.Tourism Minister Edmund Bartlett proudly spoke about the 4.5% increase in arrivals to the island so far in 2017 as well as the increase in earnings, a 6.7% jump over last year. Despite the drop in Canadian visitors in 2016, Bartlett said 2017 has been positive, with a 4.5% increase in arrivals from Canada to Jamaica.Prime Minister Holness stated that ongoing investment by his government in infrastructure will support continued growth of Jamaica’s tourism industry. “For the first time ever, the Caribbean has welcomed 29 million arrivals,” said Holness, “and with our continued growth, we have been welcoming 3.5 million visitors to Jamaica in the past year, and hope to increase the number, setting a target of five million visitors by 2021.”More news:  Air Canada’s global sales update includes Managing Director, Canada & USA SalesHolness added that Jamaica was chosen as the number one destination on TripAdvisor as well as #12 in the world and with the World Tourism Council predicting growth in global tourism, Jamaica is poised to lead the Caribbean.Azul Beach Resort Sensatori has 98 suites, featuring swim-up suites or ocean-view balconies with oversized seating, and are targeted for the North American market. Modern rooms are decorated in cool shades of gray and cream, with multiple seating areas and accents of turquoise and hot pink. The bathroom/dressing room features two spacious closets with multiple storage options, and metallic and white ceramic tiles.Guests have access to personal concierge and butler service, nine Gourmet-Inclusive restaurants, Vassa Spa (which features the Samadhi room), an expansive bride prep room for hair, makeup and spa treatments and extensive children’s programming including Azulitos Playhouse, My Gym Children’s Fitness Program and Azulitos Spa. << Previous PostNext Post >> Posted by Resort dining options include global flavours at Mahogany, Thai cuisine at Hua Hin and seafood at the Garfield Beach Bar, named for the resort’s original owner, Dr. Garfield Munroe. The resort also features exclusive offers with Canadian Beef and Jackson Family Wines. Stylish places to drink include swim-up bars, Indigo Denim Bar and Amber Oceanfront Bar, which feature bands, DJs and dance performances in the evening.Additional amenities at the Azul Beach Resort Sensatori include pillow, room scent and toiletry options for premium guests, as well as complimentary watersports, yoga on the beach, cooking classes, rum tastings and Caribbean cooking classes.More news:  Onex paying big to get WestJet and that will send airfares soaring, says CWTGuests have access to the Azul Sensatori pools as well as dining options such as Ackee for Jamaican cuisine, Di Romagna for Italian cuisine, Palms for breakfast, lunch or dinner and Nesta Rasta Lounge for music and local rums. Both resorts now offer 285 suites.The opening of Azul Beach Resort Sensatori follows the opening of Azul Sensatori Resort in 2014 and continues Karisma Hotels & Resorts’ ongoing investment in Jamaica. The next major project is Sugar Cane Jamaica, a $1 billion investment to create a hotel, entertainment and retail complex on over 200 acres in the island’s St. Ann region. Slated to start construction later in 2017, Sugar Cane Jamaica will feature Nickelodeon and Margaritaville resorts and 2.5 kilometres of beachfront.Karisma Hotels & Resorts is focused on expansion plans beyond Jamaica too, with a Nickelodeon Resort and a Margaritaville Resort currently underway for both Punta Cana and Riviera Maya. Waheeda Harris Share Azul Beach Resort Sensatori Jamaica opens with 98 suites and plenty of luxe touches About Latest Posts Waheeda HarrisA traveller from a young age, Travelweek contributor Waheeda Harris is pop culture obsessed, loves spicy food and is happy to wander around our planet with her camera in hand. Latest posts by Waheeda Harris (see all) Celebrity Equinox, Celebrity Edge stars of JetSet3 fam – April 23, 2019 Unleash the power of cross-company digital transformation to revolutionize your CX – February 8, 2019 On location: Cabo San Lucas welcomes the stylish Riu Palace Baja California – December 20, 2018last_img read more