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Tag: Prospects

Mallya case: ED using fugitive law may hit lenders' prospects

Mallya case: ED using fugitive law may hit lenders' prospects

Finance
The Enforcement Directorate (ED) may use the latest weapon in its armoury — the Fugitive Economic Offenders Ordinance — to deal with Vijay Mallya, a move that could hurt lenders’ efforts to recover dues from the businessman who fled the country more than two years ago. ED sources said the new fugitive law gives precedence to state dues over any claims under civil cases, including Mallya’s application to the Karnataka High Court seeking permission to repay banks by selling his assets seized by the agency that probes money-laundering cases. Indian banks are working closely with UK authorities to recover the maximum out of the assets owned by Mallya, after a British court allowed them to search and seize his properties. They are worried because the ED could stake claim on Mallya’s
2018 NFL Draft: Top 50 prospects before the Scouting Combine

2018 NFL Draft: Top 50 prospects before the Scouting Combine

Sports
The annual NFL Scouting Combine is the unofficial kickoff of the silly season that precedes the NFL Draft, with prospects rising and falling on draft boards based on workouts without so much as a single football helmet or game plan in sight. Every year, teams and the media straddle the line, trying to learn key information about the top college prospects without getting overwhelmed with information overload. So before we get consumed with quarterback hand size, straight-line speed (or lack thereof) or the perceptions made after a 15-minute interview with a nervous 21-year-old who has never even heard of Mike Mamula, let's re-establish the baseline rankings. The Big Board is not a mock draft. No attention is paid to team needs. This is simply my personal ranking of the top 50 NFL prospects ...
European Stocks Edge Lower as Rising UK Inflation Raises Prospects of Rate Hike in Britain

European Stocks Edge Lower as Rising UK Inflation Raises Prospects of Rate Hike in Britain

Finance
Shutterstock photoEuropean equity benchmarks were struggling for direction on Tuesday morning after a jump in the UK's inflation rate prompted speculation that the Bank of England may raise interest rates at its next meeting in November and as car-manufacturers shifted into reverse.Britain's consumer price index ( CPI ) posted annual growth of 3% in September, up from 2.9% in August, according to data published by the Office for National Statistics. The increase in consumer prices is broadly expected to influence discussions at the Bank of England ahead of of its next monetary policy decision. Rising inflation, which has been a key theme since Britain's surprise referendum decision to leave the European Union (EU) last June, is generally expected to heighten the probability of a rate hike...