This story first appears on FOLIO: sister site, minonline. Business-to-business media were in the forefront on March 16 as American Business Media presented its 58th annual Jesse H. Neal Awards at a New York luncheon. Top honor–the Grand Neal Award–went to Architectural Record (McGraw-Hill Cos.) for its September 2011 special issue New York: The Death and Life of a Great American City. This was AR’s commemoration of the 10th anniversary of the September 11 attacks, and it was appropriate that Firehouse (Cygnus Business Media) was a Grand Neal finalist for its September 11 commemorative. Also recognized was American Lawyer Media VP/editor-in-chief (since 2010) Aric Press, who received the ABM’s 44th Crain Award, which is named for the late Crain Communications and Advertising Age founder (1930) G.D. Crain, Jr.In addition, Government Executive Media Group (Atlantic Media Co.) VP/editor-in-chief Tom Shoop received the Timothy White Award (named after the late Billboard editor), which is “presented annually to an editor who displays courage, integrity and passion.” There are 11 Neal Award categories with these classifications:Class A: Less than $3 million in annual revenueClass B: $3 million to $7 million in annual revenueClass C:. More than $7 million in annual revenueSummit Business, American Lawyer Media and Advanstar earned multiple awards. A full list of winners is available here.
Quess Corp shares got listed at a 57 percent premium on Tuesday at the Bombay Stock Exchange. The staffing solutions company had issued shares at Rs. 317 per share and its public issue was oversubscribed 144 times.The shares debuted at Rs. 499 apiece on the BSE, a premium of 57.41 percent to the issue price and rose to a high of Rs. 504. At around 10.22 a.m., the shares were trading at Rs.501.The shares were listed under “B” Group securities with the scrip code 539978.At around 12.30 p.m., the Quess Corp stock was Rs. 496.60.The S&P BSE Sensex was up 82 points at 27,708, consolidating its Monday gain of 499 points. Top Sensex gainers were ICICI Bank, Maruti Suzuki, Tata Steel and Axis Bank, where stocks dragging the Sensex including Dr Reddy’s Labs, Sun Pharma and Asian Paints.The gains on Indian stock markets were on expected lines after Asian equity markets rallied on Tuesday.”Indian markets are expected to open positive tracking SGX Nifty & strong global markets. After strong gain on Friday, the US markets further advanced ahead of the result season. The better than expected job data gave a renewed confidence to investors and who feel that the BREXIT concern was overblown and its earnings what needs to watch out for now. The European markets closed further high on expectations of renewed stimulus by the central bank,” Angel Broking said in its pre-markets opening note.Quess Corp had raised Rs. 180 crore by issuing 5.76 million shares to anchor investors at the upper end of the price band.The company is engaged in recruitment, staffing, payroll and compliance management services in India. The company â€” earlier Ikya Human Capital Solutions Limited â€” was acquired by Thomas Cook in May 2013 when the travel and holiday solutions company took a controlling stake.It generates about 86 percent of its revenues from India and had earned a net profit of Rs. 89 crore on net sales of Rs. 3,435 crore for the financial year 2015-16.Quess Corp is a subsidiary of Thomas Cook India, whose shares were down about 1 percent at Rs. 218.25. Story updated at 12.34 p.m. with additional details.
Moazzem HossainAHM Moazzem Hossain, editor and publisher of The Financial Express, was laid to rest in the city on Thursday.He was buried at Azimpur graveyard around 1:15pm after his fourth and final namaz-e-Janaza at the National Press Club.Hossain, who had long been suffering from heart and lung complications, died at a city hospital on Wednesday evening at the age of 73.His first janaza was held at his residence at Ramna Estate Complex, 124 Boro Maghbazar around 10:15am while the second one on the Financial Express office premises around 11:20am and the third one at Southeast Bank’s head office around 11:45am.Later, his body was taken to the National Press Club where his fourth janaza was held around 12:25pm.Editors, senior journalists, Press Club members, politicians, business leaders and friends and well-wishers of Hossain attended the janaza.
West Midlands Trains will be taking over from London Midland from December this year. The council said it pushed not only for the service to the capital to remain, but for improved connectivity to Birmingham from Stoke-on-Trent. Councillor Dave Conway, leader of the city council, said: “This announcement is a real win-win for the city’s residents and economy, it is great news. “Not only do we keep the popular connectivity to London Euston, but we also get a new hourly service to Birmingham, meaning improved services and more seats for travellers on what is an already extremely busy line. “As the UK’s 13th largest city, we deserve to be getting improved rail services, not reductions on what we already have. Stoke-on-Trent has been well connected by rail to London and Manchester in recent years, but we’ve always felt services to and from Birmingham could be improved. Read MoreAppeal as two miles of wire worth £90,000 stolen from Staffordshire railway tracks Councillor Daniel Jellyman, cabinet member for regeneration, transport and heritage, said: “For more than 12 months we have been involved in a lot of work behind the scenes to promote the city’s interests and make sure we get a great deal. “We’ve met with companies who were interested in taking on the franchise, including the successful operator, and explained to them how Stoke-on-Trent is a city moving forward, a city on the up, and what we would like to see in terms of improvements. “We also gave them evidence and examples of why it’s not only important but a good business decision to improve services between Stoke-on-Trent and Birmingham, and the talks were very productive and open between both sides. “We’re aware of the recent reports which have been in the media and the concerns expressed by passengers and residents, and although we could not say anything publicly until now, in the background we’ve been continually fighting the city’s corner and we’re delighted with the outcome.” Read MoreBogus HS2 officials target Staffordshire farmers He added: “To see the current level of service to the capital maintained, and a new hourly train to Birmingham introduced, is a really positive result for our residents and businesses in the city. We couldn’t be happier.” The new franchise is set to start in December 2017, with the first timetable changes taking place a year later. The Sentinel first revealed Alsager, Kidsgrove and Stone might lose their direct service to London under the plans in January 2016. Get the biggest Daily stories by emailSubscribeSee our privacy noticeThank you for subscribingSee our privacy noticeCould not subscribe, try again laterInvalid EmailA council has welcomed the news that a direct rail service to London will be maintained when a franchise changes hands – bringing with it a new hourly train to Birmingham. Last week West Midlands Trains Ltd confirmed there will still be a direct service from Stoke-on-Trent to London Euston on the franchise’s routes from December 2018. The company is taking over the franchise from London Midland, which has run a train from the Potteries to the capital for 10 years. Other stations in the area, including Stone, Kidsgrove and Alsager looked set to lose their direct train to London – with passengers having to change at Stafford to continue down to the capital – while the only direct trains from Stoke-on-Trent to Euston would be the twice-hourly Virgin Trains services. Stoke-on-Trent City Council today said it had been talks with companies bidding for the franchise for more than 12 months in the run up the announcement.