But as Advanstar and UBM’s events portfolio marched ahead, PR Newswire’s performance was flat and its Other Marketing Services businesses declined 8-percent. The losses there were mainly due to a cut in online revenue, “reflect[ing] a decision to focus on Tech products with higher quality leads.” Amid a series of major changes, UBM’s revenue shot up 26 percent in the first half of 2015. The gains were largely driven by the integration of Advanstar and the progression of its “events first” strategy, the company says. All of that change came as several executive leadership positions were vacated, then filled with new personnel. UBM has appointed a new CFO, and new CEOs of PR Newswire and its Americas division in recent months. In fact, as a whole, UBM’s 120-plus major events performed similarly well. Driving almost two-thirds of the company’s revenue, events grew 3.3 percent, with much of that growth attributable to the events first strategy put into place in late 2014. As part of that shift, the company has focused on its larger shows, selling or closing almost 40 events and several related lines of business in order to consolidate resources. UBM also bought three events during the period, and is in the process of rolling out a number of operational changes. While underlying revenue actually declined 4.1 percent to about $710 million, the October acquisition of U.S. event producer and publisher, Advanstar, accounted for a significant portion of UBM’s additional $148 million through June. The division boosted its events revenue—totaling almost three-quarters of its total income—by 2.9 percent in the first half. Integration efforts with its new parent company are ahead of schedule, as well, UBM reports. A favorable foreign exchange environment also added to top line growth in the first half, the company notes.
Siliguri: Two persons have been arrested in connection with the murder of a couple at Bagdogra near here, a senior police officer said. The two persons were identified as Sanjay Tamang and Bhumika Sheva and the latter was an employee of the victim, Ajay Kushwah, who used to supply staff for catering service. Both of them were arrested from the couple’s house at Sukantanagar locality yesterday, DCP Tarun Haldar said. Old enmity and greed for money had led to the killing of the couple — Ajay Kushwah and Meena Kushwah, DCP Tarun Haldar said. Also Read – Rain batters Kolkata, cripples normal life Ajay Kushwah had received payment from a customer on that day and Bhumika Sheva, who used to stay in the third floor of his house, had seen him keeping the money, the DCP said. She had told Sanjay Tamang, with whom she was in a relationship, about it and Tamang decamped with the money. Bhumika’s room was found locked from outside on that day while the rooms of other tenants were not locked from outside, the DCP said. During inquiry, the police came to know that Bhumika Sheva was present in the third floor of the house and she was awake when the incident had occurred. Money kept in the house was also found to have been stolen. This made the police suspicious and they started questioning her following which the duo were arrested. When the employees had come to the couple’s house after completing their work on Saturday, they had found the bodies lying in a pool of blood.
In an initiative to strengthen tourism and to promote the culture of Jammu and Kashmir, Tourism Department organised a massive road show at Lalit Hotel in the national Capital. North India’s prominent travel trade representatives were invited to witness the impressive presentation from the department which showcased Jammu and Kashmir as one of the best destinations for its natural beauty, landscapes, gushing water streams, adventure tourism, crafts and cuisine, history and heritage, adventure tourism, lake tourism, MiCE and golf tourism. Also Read – ‘Playing Jojo was emotionally exhausting’Farooq Ahmed Shah, Secretary, Tourism briefed the gathering about the 5500 year old history of Kashmir, the heritage and hospitality of the state for which Jammu and Kashmir is famous all over the world. He assured to provide best and upgraded services to visitors in 2016.RK Verma, Director, Tourism, Jammu; Mahmood A Shah, Director, Tourism, Kashmir and other officials of Tourism, JKTDC and SKICC were present at the road show.