Related Items:#magneticmedianews, #SelenaSweeting, NIB Facebook Twitter Google+LinkedInPinterestWhatsApp Walter Gardiner new CEO of NIB Recommended for you Bahamas Police denies suspect hide out in TCI Still no official unemployment number for TCI; growth recorded at NIB for 2014 Facebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, August 15, 2017 – Nassau – An NIB employee was remanded to Fox Hill Prison until her trial on November 1 after today, in Magistrate’s Court being charged with extortion and bribery.Fifty-six year old #SelenaSweeting is said to have unlawfully solicited $5,000 from Marvin Shawn Rahming between June and July of 2017 for reportedly assisting him with getting business from #NIB. Sweeting, who was a manager at the National Insurance Board has denied the charges.#MagneticMediaNews
Skift, the four-year-old digital brand focused on the business of travel, is adding food and beverage to its portfolio. Chefs+Tech, a weekly newsletter launched and compiled by food writer Kristen Hawley, is now part of the Skift family. Hawley will join the staff full-time as senior editor of restaurants, and work remotely from San Francisco. “When I met with the company’s co-founders a few months ago, the chemistry and fit were remarkable,” Hawley wrote on Medium. “There’s no way this control freak would let just anyone take over any part of my beloved pet project without a perfect fit.” Evidently, the co-founders felt the same way. Rafat Ali, CEO and founder of the title, tells Folio: that food and beverage coverage is a natural progression for the brand which regularly writes about the intersection of technology and hospitality. “Travel and food are joined at the hip in so many ways,” Ali says. “As we started writing about travel and its impact, we learned that 25 percent of food and beverage revenues come from the travel industry…it’s a high interest subject.” “We doubled their newsletter subscription just in the last three hours since we made the announcement,” Ali says of his post on Wednesday. A side project since its incarnation, Chefs+Tech has no ads or revenue stream. But Ali says he sees potential in the title, which he calls “a small newsletter that’s read by very influential people in restaurant tech.” While Skift intends to grow its food and beverage coverage, Ali warns that this is a long term project. The group will work on growing the newsletter’s audience over the next six months, before hiring on staff to expand the section.
Coal stocks in India stood at 31.39 million tonnes as of July 19, sufficient to operate power plants for 23 days as against the normal requirement of 21 days, according to a government statement.However, the coal stock position is on a decline since March this year, when the stocks hit 38.87 million tonnes, a four-year high. The stocks have been falling consistently to 35.92 million tonnes in April and further to 32.65 million tonnes next month. In June, the stocks stood at 30.51 million tonnes.The details were given in a written reply by Piyush Goyal, Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines, to a question in the Rajya Sabha on Monday.The minister also informed that state-run miner Coal India Limited (CIL) has set a production target of 598.61 million tonnes for the current financial year, marking an increase of 11 percent over actual coal production of 538.75 million tonnes last year.Higher coal output by CIL last year saw India’s coal import bill decrease by Rs. 28,000 crore last financial year.”Record coal production by CIL leads to a reduction in import by 34.26 million tonnes (MT). Results in a saving of Rs. 28,070 crore in foreign exchange during 2015-16,” Coal Secretary Anil Swarup had tweeted in April.”Coal imports came down by 27.4 percent from 27.4 MT during 2014-15 to 15.54 MT in 2015-16,” he said in another tweet. CIL meets about 81 percent of India’s coal requirement from its 430 mines, of which 227 are underground, 175 open-cast and 28 mixed ones. It has eight subsidiaries.India’s coal reserves were estimated at about 301.56 billion tonnes by the Geological Survey of India in April 2014. The reserves were predominantly in Jharkhand, Odisha, Chhattisgarh, West Bengal, Madhya Pradesh, Telangana and Maharashtra, CIL declared in its annual report for the year 2014-2015.Coal-based electricity generation accounted for almost 85 percent of the total electricity produced in India during the April to February period in financial year 2015-2016, according a report by the Central Electricity Authority.CIL shares closed at Rs. 332.40 apiece on the BSE on Monday, up 0.57 percent from their previous close.