Warnock confident despite West Ham loss

first_imgDespite losing 3-1 at West Ham on Tuesday, Cardiff City manager Neil Warnock believes his team can win games away from home and pick up points.Warnock remains defiant as the loss leaves them just two points outside the relegation zone.Joe Ralls missed a penalty to put Cardiff City ahead in the first half as Lucas Perez netted a brace to help West Ham to a 3-1 victory at the London Stadium.“Tonight showed we can win away games from home,” Warnock told Sky Sports.I pulled Manuel Pellegrini in the technical area and said: ‘how can we be losing 3-0’ – it was a mad 12 minutes, then the penalty miss.“If that goes in then you could sense the crowd was beginning to think it wasn’t going their way.“I refuse to criticize Ralls – he’ll get some stick from the fans but it takes guts to take a penalty. I can’t even watch one. I wouldn’t criticize him.declan rice, england, West ham UnitedReport: England’s Rice gets death threats George Patchias – September 9, 2019 England International Declan Rice has received death threats.Rice a one time Ireland International, switched allegiances only this year. The West Ham United man played for…“How can you legislate for two lads going for the same ball, there’s not a lot we can do. We work on these things in training.“It’s frustrating to concede goals that we’ve done all season not just tonight – you think we don’t work on it, we probably shouldn’t bother. It might work better than that.“We’ve shown we can compete. Tonight we looked a decent side. After we weathered the storm in the first 10 minutes, we played some good stuff.“It would have been interesting to see the penalty go in. It’s another disappointment for me, but I’m going to get those at my age.”last_img read more

UNSC pledges to tackle terror funding unanimously adopts resolution 2462

first_imgThe members of the United Nations Security Council hold a meeting to vote for a resolutions on controlling the turmoil in Venezuela on February 28, 2019 at the United Nations in New York. – Russia and China on Thursday used their veto at the UN Security Council to block a US resolution calling for new presidential elections in Venezuela and unimpeded deliveries of humanitarian aid.France, Germany and Britain were among nine countries that backed the proposed measure. South Africa also voted no while Indonesia, Equatorial Guinea and Ivory Coast abstained.JOHANNES EISELE/AFP/Getty Images [Representational Image]The UN Security Council has adopted a resolution that calls upon countries to prevent and counter the financing of terrorism, especially in its new forms.Initiated by France, Resolution 2462 is intended to update existing resolutions and adapt them to new forms of financing of terrorism and new challenges in this field, Xinhua news agency reported on Thursday.The resolution notes with concern that terrorists may abuse legitimate businesses and non-profit organisations for their activities, and make use of emerging payment methods, such as prepaid cards and mobile payments or virtual assets.It also expresses concern at the continuing use by terrorists and their supporters of information and communications technologies, in particular, the internet, to facilitate terrorist acts, as well as inciting, recruiting, funding, or planning terrorist acts.Therefore, the resolution calls upon all countries to enhance the traceability and transparency of financial transactions, including assessing and addressing potential risks associated with virtual assets and as appropriate, the risks of new financial instruments, including but not limited to crowd-funding platforms.It also encourages member states to apply risk-based anti-money laundering and counter-terrorist financing regulations to virtual asset service providers and to identify effective systems to conduct risk-based monitoring or supervision of virtual asset service providers.Furthermore, the resolution encourages competent national authorities, in particular financial intelligence units and intelligence services, to continue to establish effective partnerships with the private sector, including financial institutions, the Financial technology industry and internet and social media companies, in particular with regards to the evolution of trends, sources and methods of the financing of terrorism.Adopted in 2001 in response to the September 11 terrorist attacks in the US, Resolution 1373 was the first comprehensive resolution imposing obligations on all states to respond to the global threat of terrorism.Resolution 2462 also affirms the Resolution 1373 and in particular its decisions that all countries shall prevent and suppress the financing of terrorist acts and refrain from providing any of support, active or passive, to entities or persons involved in terrorist acts.last_img read more

How Infosys TCS Wipro Tech Mahindra are expected to perform in June

first_imgWith the earnings season for the current financial year all set to begin, analysts have started making their forecasts for companies across sectors.The spotlight, as always, will be more on information technology (IT) services companies. Infosys, Tata Consultancy Services (TCS), Wipro, HCL Technologies and Tech Mahindra will continue to be in focus in the run up to the announcements of their June quarter results.Profit margins of Infosys, TCS and Wipro are most likely to be hit due to the salary hikes announced during the last quarter, according to ICICI Securities. From a revenue growth perspective, Infosys and TCS are expected to lead, while Wipro and Tech Mahindra are projected to lag in revenue growth, it added. The Brexit factor is bound to impact some of the companies.Tech Mahindra and HCL Technologies have the highest revenue contribution from Europe, including the U.K., at 29 and 28 percent, respectively, while it is 23 and 26 percent for Infosys and TCS, respectively, according to Edelweiss Securities Ltd.Here is a round-up of how analysts are expecting major IT companies to perform:InfosysThe Bengaluru-based company is expected to have grown 4.2 percent in revenues owing to deal wins in the recently-ended financial year, according to Edelweiss Securities Limited. “We anticipate no major disappointments in Q1,” said the brokerage.The company’s growth will be mainly on account of momentum in deal wins — TCV of $2.8 billion in FY16 vs $1.9 billion in FY15 — aggressive participation in the transformation deals market and investments in IMS and digital technologies.ICICI Securities Ltd. made a similar projection for the country’s second-largest software services exporter. “We expect Infosys to report revenue growth of 3.7 percent in constant currency terms with cross currency a tailwind of ~50bps. Revenue growth in dollar terms should be 4.2 percent,” the brokerage said.In its guidance for 2016-17, Infosys had said it expected revenues to rise 11.5 to 13.5 percent in constant currency terms during 2016-17. The company does not give quarterly guidance.On Monday, Infosys stock closed at Rs. 1,184.25, up almost 1.04 percent from its previous close on the Bombay Stock Exchange (BSE).Also read: Infosys shares fall 4% on COO Pravin Rao’s warning of ‘quarterly bumps up and down’Infosys ADRs rise 8% on Nasdaq, employees get 6-12% salary hikeTCSThe Mumbai-based Tata Group company is likely to see its profit margins shrink on account of wage hike and visa cost, though revenues are likely to post growth broadly in line with expectations. “We estimate TCS to post 3.1 percent QoQ revenue growth, implying almost 3.6 percent constant currency spurt,” Edelweiss said.The company’s topline is also likely to be impacted in the coming quarters, given that it derives about 14 percent of its revenues from Britain. “Changed economic conditions due to Brexit could impact TCS the most on account of 14% GBP exposure—major concern,” the brokerage said.TCS shares closed 0.28 percent lower at Rs. 2,494.80 apiece on the BSE on Monday.WiproThe third-largest software services exporter had given an IT revenue guidance of  $1,901 million to $1,939 million for the June quarter in constant currency terms. “We expect Wipro to deliver dollar revenue growth of 2.4 percent QoQ with ~40bps of growth contributed by cross currency. Wipro had guided for growth in constant currency terms of 1-3 percent in Q1FY17,” ICICI Securities said.Also read: Wipro Q4 net profit falls 1.6%; company raises Q1 FY2017 IT revenue guidance to $1,901-1,939 millionWipro stock closed at Rs. 560.10, a gain of 0.30 percent from its previous close.HCL TechnologiesThe revenue projections are bullish for the company but not profit margins. “We estimate HCLT to log 6.6% and 7.0% USD and CC revenue growth, respectively. We have factored in USD65mn revenue from Volvo and organic growth of 3.0% in constant currency. We expect EBITDA margin to contract 170bps QoQ impacted by lower margins in the inorganic business and visa cost,” said Edelweiss Securities.The stock closed at Rs. 746.30, up 2.04 percent from its previous close.Tech MahindraTech Mahindra is one of those companies that derive a significant portion of its revenues from the U.K. The company is projected to post marginal growth for the June quarter. “We expect overall revenues to grow by 0.2% QoQ to $1,025 million,” ICICI Securities said.”We expect overall new-deal intake to remain healthy in the US$250mn-300mn range with the intake equally dispersed across Enterprise and Communication segments,” it added.Shares of Tech Mahindra stock closed at Rs. 517.35, up 1.11 percent from their close on the BSE.last_img read more