Texas Gov. Greg Abbott (R) is counting on a pool of $30 million approved by the Legislature earlier this year to prevent the loss of any of the state’s 15 installations in a future BRAC round as well as strengthen some by attracting new missions.The governor’s Texas Military Preparedness Commission meets next month to review grant applications from communities, which can collect up to $5 million each over the state’s 2016-17 fiscal biennium. Grants are capped at $2.5 million yearly.“We have so much to offer as a state in the context of national security that you can’t duplicate,” Commission Chairman Paul Paine told the Fort Worth Star-Telegram. “The installations in Texas all have very high national security value,” said Paine, a former commander at Naval Air Station (NAS) Fort Worth.The host communities for NAS Fort Worth, a joint reserve base that grew out of the closure of Carswell Air Force Base, hope to secure $4.5 million to improve access into the facility’s east gate.“We want to be prepared if there is” another BRAC round, said Fort Worth Councilman Jungus Jordan, president of the Texas Mayors of Military Communities, the main group that persuaded state lawmakers to allocate the grant money.“We don’t have Fort in front of our name by accident. We’re a military town. We will always be a military town,” Jordan said.Leaders in the state’s other defense communities also are positioning neighboring installations for a new round of base closures. “It’s not a matter of if another BRAC will happen; it is when,” said Bob Murdock, director of San Antonio’s Office of Military Affairs.Nevertheless, the state’s installations should fare well in a future round, according to defense analyst Loren Thompson, CEO at the nonprofit Lexington Institute.“Texas doesn’t have a lot to fear from base closures,” Thompson told the Star-Telegram. “Nobody is going to close a place like Fort Hood or the Army depot in Corpus Christi.” Dan Cohen AUTHOR
READING, MA — Congratulations to the 43 Wilmington students who made the Fourth Quarter Honor Roll for the 2017-2018 school year at Austin Prep.DISTINCTION (All A’s):Ryan AckerleyJoshua BartnickiCharles BurnhamThomas BurnhamDamian ElkinsLiam FaganAlessandro FanueleNicholas FanueleKristen OlsonMargaret PetersonLiam PrigmoreDevon RobinsonPatricia StevensKatelin StoneHONORS (All A’s & B’s):Kevin AckerleyBrendan ArditoGrace ArditoKatelyn ArditoMolly ArditoDylan ArnoldGrace BrisboisSamuel DeAngelisMatthew DohertyMichael DohertyMolly DuganRobert FarrellJillian FisherAlden GeorgeHeeweon HwangJoseph KelleyEllen KlucznikAndrew MacdonaldLogan MacDonaldAndrew ManganoAlexandra MartinsonAshley MurdockDavid OlsonMegan OlsonLindsey RosaniaKaylee TodiscoNolan VigeantJaelyn WalshFelicia Zuccola(NOTE: The above list was provided by Austin Prep.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email email@example.com.Share this:TwitterFacebookLike this:Like Loading… RelatedSTUDENT SPOTLIGHT: 37 Wilmington Students Make Honor Roll At Austin PrepIn “Education”STUDENT SPOTLIGHT: 38 Wilmington Students Make Honor Roll At Austin PrepIn “Education”STUDENT SPOTLIGHT: 36 Wilmington Students Make Honor Roll At Austin PrepIn “Education”
Scientists working at Biocon, Bengaluru.Reuters fileUpdate at 3.06 pm: Biocon shares were trading 1.85 percent lower at Rs 1,099 on the BSE on Friday, in response to the quarterly and full-year results. The BSE Sensex was down 112 points to 29,918.Original story:Biocon, the Bengaluru-based biotech company, reported 75 percent increase in consolidated net profit to Rs 135.4 crore (excluding Syngene fire losses) for the March 2017 quarter (Q4) as against Rs 77 crore (ignoring exceptional items) in the corresponding period last year. Revenues came in at Rs 974.3 crore in comparison to Rs 972.7 crore in the year-ago period.Shareholders had something to cheer about as the company declared a bonus of 2:1 (two bonus shares for every share held) and a final dividend of Rs 3 per share. The bonus shares will be credited to shareholders within two months (by June 26). The share price of Biocon closed at Rs 1,119.60 on the BSE on Thursday.”Our Q4 revenue at Rs 974 crore reported a muted growth due to elongated approval timelines in some emerging markets, discontinuance of some in-licensed products and impact of the fire at Syngene,” the company said in a regulatory filing on Thursday.The full year (2016-17) consolidated net profit rose 11.2 percent to Rs 612.1 crore from Rs 550.4 crore (including deferred revenue of Rs 268.4 crore and impairment in Biocon SA assets of Rs 107.80 crore).Full year consolidated revenues increased 18 percent to Rs 4,078.7 crore on all-round improvement in sales in comparison to Rs 3,460.2 crore in the preceding fiscal.”We have closed the year FY 17 with a strong revenue growth of 18% led by a sturdy performance of our Biologics as well as Small Molecules businesses. “FY17 was a landmark year wherein we established our credibility as a global biosimilars player with the launch of Biocon’s Insulin Glargine pen in Japan and submission of five regulatory filings of our biosimilars in the developed markets of US and EU. Our Malaysia facility became operational with the Malaysian government’s exclusive contract for Biocon’s insulins, which expanded our footprint in emerging markets,” Kiran Mazumdar-Shaw, chairperson and managing director, said in the regulatory filing.The company’s research services business through Syngene contributed sales of Rs 1,138 crore.
Law minister Anisul Huq.The government has rejected the rationales cited in the Supreme Court’s verdict on 16th constitutional amendment, says law minister Anisul Huq.In his formal reaction to the SC judgement at a media briefing at Bangladesh Secretariat on Thursday, he said that a decision on whether the government will legally challenge the verdict would be taken after thorough scrutiny of the verdict text.Read more:CJ’s political remarks in 16th amendment verdict hurt, grieve, damage AL: Khasru“We’re still considering whether a judicial review [petition] should be filed,” he said.The law minister alleged that the arguments and observations made by the chief justice in the verdict were not based on “fact in issues”.“[Some of the] observations of the chief justice are simply not logical; they are emotionally charged and reflect a vindictive attitude,” said the law minister.Read more:‘No scope for debate on SC verdict in parliament’He added that the government would take initiative to expunge the ‘objectionable matters’ in the judgement.The minister, in response to a query, however, said the government would not use politics to counter the court verdict.He rejected the court’s arguments that the 16th amendment, which gave parliament the power to remove judges for any misconduct and incompetence, had in any way hampered the independence of the judiciary.Read more: AL in discomfort over court verdict, latest dev“Parliament was not in a power contest with the judiciary by making provision for the parliament to remove judges. Rather independence of the judiciary was strengthened,” the minister claimed.Anisul Huq also expressed reservations about chief justice SK Sinha’s observation that “no nation – no country is made of, or by one person”.“Although Bangabandhu was in the Pakistan jail, the war of liberation was fought under his leadership and thus the country became independent,” the law minister said.Read more:Not falling into govt or opposition trap: CJThe Appellate Division of the Supreme Court on 3 July this year scrapped the 16th amendment and restored the Supreme Judicial Council and the full text of the verdict was released 1 August, stirring a huge debate over which of the state organ is sovereign – is it the legislature or the judiciary.The AL-led 10th parliament on 17 September 2014 unanimously passed the Constitution (Sixteenth Amendment) Bill restoring its power to remove Supreme Court judges on the grounds of misconduct or incapacity, scrapping the existing constitutional provisions for the Supreme Judicial Council inquiry into such allegations.Read more: Judiciary’s arm can’t reach parliament: ALThe country’s main opposition political party – Bangladesh Nationalist Party (BNP) – has hailed the court verdict and is accusing the ruling Bangladesh Awami League (AL) of standing against the judiciary.Earlier on Wednesday, the Law Commission chairman and former chief justice ABM Khairul Haque observed that the 16th amendment verdict has effectively removed the judges’ accountability to the people.Following the Supreme Court verdict that stripped off parliament’s power to remove judges, he said, it ‘seems to me that Bangladesh is no longer a People’s Republic’; rather it becomes a ‘Judges’ Republic of Bangladesh’.Read more:As if it’s judges’ Republic, says ex-CJ Khairul Haque