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Showing posts from April, 2019

Kashmir belongs to people of the Valley, not to India or Pakistan: Cricketer Afridi

PTK reports from Indian occupied Kashmir   SRINAGAR, APR 30 (PTK):  Pakistani cricketer Shahid Afridi said that Kashmir belongs to the people of the Valley and not India or Pakistan. In his autobiography titled ‘Game Changer’, Afridi further asserted that Pakistan Prime Minister Imran Khan must do more about Kashmir. “Kashmir belongs to the Kashmiris. Not to Indians. Not to Pakistanis. That debate comes later. But first and foremost, Kashmir is for the Kashmiri people themselves,” he said in the book, co-written with journalist Wajahat S Khan is published by HarperCollins India imprint Harper Sport. “However, Imran Khan must do more about Kashmir. We have to resolve that issue. We have to save the Kashmiri people, and we must involve them in the peace process. Nobody in the Indian subcontinent has suffered or struggled more than Kashmiris,” he added. “So much resources go into guarding this territory. So much goes into policing the Line of Control. So many mouths can...

Outside colleges fail to protect Kashmiri students

CNS reports from Indian occupied Kashmir Srinagar, Apr 30, CNS:  In a bid to keep check and balance on the outside colleges and universities which after creating temporary offices here in Kashmir capital Srinagar for the admission of local students and then fail to provide them safe and secure atmosphere, a Kashmir based Union has been set up with a sole motive to take care of the welfare and security of Kashmiri students studying outside state and broad.    While addressing a press conference at Kashmir Press Club, Spokesperson, Jammu Kashmir Carrier Counsellors Association (JKCCA) Muneeb Basit Bhat on Tuesday said that a breakthrough needs the attention of the authorities to keep away the outside colleges which are designing their temporary offices in the State thus ruining the efforts of local venture holders. He said that post Pulwama attack; local Kashmiri students faced the wrath of some miscreants while outside college authorities failed to protect these stude...

EU fine on Google weighs on parent Alphabet profits

💻Jk News info 📰 SAN FRANCISCO, Apr 30: Google parent Alphabet on Monday reported that profit in the first three months of this year sagged under the weight of a hefty antitrust fine in the European Union. Alphabet said that profit in the first-quarter fell 29 per cent to USD 6.7 billion on revenue that climbed 17 per cent to USD 36.3 billion. The earnings took a hit from a European Commission fine that amounted to USD 1.7 billion at the end of March, according to the quarterly update. Google shares were down 6.1 per cent to USD 1,208.50 in after-market trades that followed release of the earnings report. Although profits excluding the one-time costs were better than expected, revenue growth was below forecasts for the technology colossus which is the dominant internet search company and operator of the ubiquitous Android mobile operating system. Chief financial officer Ruth Porat said in the release the results showed “robust growth” led by mobile search, ad revenues from YouTub...

John Singleton, maker of ‘Boyz N the Hood,’ dies at 51

💻Jk News info 📰 NEW YORK, Apr 30: Director John Singleton, who made one of Hollywood’s most memorable debuts with the Oscar-nominated “Boyz N the Hood” and continued over the following decades to probe the lives of black communities in his native Los Angeles and beyond, has died. He was 51. Singleton’s family said Monday that he died after being taken off life support, about two weeks after the director suffered a major stroke. Singleton was in his early 20s, just out of the University of Southern California’s School of Cinematic Arts, when he wrote, directed and produced “Boyz N the Hood.” Based on Singleton’s upbringing and shot in his old neighbourhood, the low-budget production starred Cuba Gooding Jr. and Ice Cube and centered on three friends in South Central Los Angeles, where college aspirations competed with the pressures of gang life. “Boyz N the Hood” was a critical and commercial hit, given a 20-minute standing ovation at the Cannes Film Festival and praised as a groun...

Online higher education enrolment to reach 63.63 lakh by 2022: Report

💻Jk News info 📰 NEW DELHI, Apr 30:People registering for higher education online is expected to grow at 14.5 per cent and will reach 63.63 lakh by 2022, says a report. According to a report from Schoolguru Eduserve (a TeamLease group company), the UGC regulations for online programmes allowing Universities in India to offer online degree programmes and the government’s impetus on improving gross enrolment ratio (GER) will boost the industry. The enrolment in online degree or diploma programmes will witness a 14.5 per cent compound annual growth rate (CAGR) and will reach 63.63 lakh by 2022. As per the report, the enrolment growth that India will witness in the near future would be somewhere close to that of the United States of America and Europe. During the academic year 2015-17, the online higher education enrolment in the US and Europe were 16 per cent and 12 per cent, respectively. The report further noted that the total enrolment in online education is estimated at 33.6 per...

Saving Earth

💻Jk News info 📰 Sir, This has reference to the writeup’Save Earth, Save Life’ (DE, Apr 22, 2019).The Earth Day, being celebrated every year on Apr 22 to awaken the people about environmental problems, is really one of the most important days which are celebrated across the world.Earth is home to all the living species, including plants and animals.It has been bestowed with all the resources such as water, oxygen, mild temperature etc to make life of plants and animals possible.There is interaction and inter-dependence between living organisms and nonliving things such as oxygen, water, carbon dioxide, light etc.But, in his greed and selfishness, man has been ruthlessely exploiting its resources irresopnsibly, with the result, many severe problems such as global warming,unseasonal rains, environmental pollution,melting of glaciers etc have cropped up, which are threatening life on the earth.As a result of environmental degradation, a large number of species of plants and animals have...

Termination of Medical Officers

💻Jk News info 📰 Sir, This refers to editorial “Termination of Medical Officer” (Daily Excelsior 23.04.2019). As the Department of Health and Medical Education has terminated many medical officers for not joining their duties , it is the duty of the department to issue appointment orders in favour of candidates figuring in the waiting list. As per business rules of JK Public Service Commission waiting list is valid for one year and is extendable to another six months. There are many selected candidates who have joined as Medical Officers in Health Department but continue to be present in Medical Colleges where they are enrolled as Post Graduation students. This is injustice with the candidates who are in the waiting list and having touched the upper age limit for Government job (39 years). The PG students can get a chance for appointment in Govt service but those already 38 or 39 years of age have no such chance. It is an earnest request to Principal Secretary Health & Medical Ed...

Education in India

💻Jk News info 📰 Ram Rattan Sharma Volumes of books have been written on the importance of education in life. The essence of all those writings and views is that, education means the fostering of the personality through the unhampered development of innate qualities of human being. It also means the awakening of intelligence and development of an integrated life. It aims to adjust the rhythm of the individual life with the rhythm of the society. This adjustment involves strengthening of character and consolidation of the moral fibre. Today education in India, however, appears to be at variance with these standards. The situation in schools, colleges and universities is pretty disconcerting with several forces competing with each other in polluting the academic atmosphere. While educationists all over the country recognize the malaise, they have not been able to suggest a workable remedy, although suggestions have been forth coming regularly. The malaise persists due to the bottle nec...

Middle class and Elections 2019

💻Jk News info 📰 Arun Srivastava This Lok Sabha election has become a Kurukshetra for middle class and rural poor. This election will decide whether India is an inclusive culture or is the exclusive society. Though Narendra Modi uses the term rural poor and poverty but not in the inclusive sense. He is fully devoted to the exclusive society and is the champion of majoritarianism. It is only for getting the votes of the rural people that he maintains the façade of being sensitive to the poor’s need and committed follower of inclusive culture. An insight into the Modi Government’s economic policies and programme would make it explicit that these reflect the needs and requirements of the middle class. This class favours market-oriented liberalization and reforms. True enough India has been witnessing this since 1991 but in recent times the process has been hastened. This class has its own values and priorities. For it the old values and traditions are redundant as they have lost their ...

Destabilizing the neighbourhood

💻Jk News info 📰 Harsha Kakar Imran Khan’s comments while on his visit to Iran opened a can of worms. He stated, ‘I know Iran has suffered from terrorism (perpetrated) by groups operating from Pakistan. …we (need to) have trust in each other that both countries will not allow any terrorist activity from their soil. We hope this will build confidence between us.’ He was referring to the two groups, JaishulAdl and Lashkar-i-Khorasan, which operate from Pak soil. These groups were responsible for the suicide attack on Iranian Revolutionary Guards early this year which claimed 27 lives. Iran vowed revenge. The fact that Pak provides them support was well known, but the admission of the same by a head of state has informed the world that Pak supports terrorist groups. Earlier Nawaz Sharif had stated that the attackers of Mumbai were also launched from Pak. For this comment he was charged under sedition acts and the case is presently in progress.Musharraf has also made this statement on ...

Reviewing IAS officers’ performance

💻Jk News info 📰 It is paramount for any Government worth the name, to give due impetus to the system of evaluating, appraising and reviewing the performance of IAS officers having completed 25 years in active service or having attained the age of 50 years. Since usually such officers have to take decisions, critical ones, risk oriented, sensitive and important by nature, to run the administration, it is imperative that this exercise was undertaken as a standing and non -negotiable principle of Human Resources Development to weed out the ‘Dead Wood’. In fact, this system is in vogue in most of the Public Sector Undertakings and even those in Private Sector where personnel of different ranks in officers cadre are working and where performance was the criteria supported by probity and integrity. Having said so, it looks completely beyond comprehension as to why the State Government, especially the present one under the Governor’s rule, should appear to be indifferent to such a vital is...

Save holy Devika

💻Jk News info 📰 Even a cursory comparison of the overall condition of the holy Devika river at Purmandal as at present, with how it used to look and contain water for us few decades ago would not be of any avail to pin point the reasons of its fast deterioration unless we also list out who were actually responsible for it. That all is needed for the obvious reasons to try to stop further ravaging and violating this river, otherwise considered sacred if not equivalent to but not also any less to the holy Ganga. Anti ecological measures vis-à-vis instances of unauthorised constructions just nearby and direct discharge of wastes therefrom coupled with encroachments, extraction of minerals, cremations at spots wilfully chosen, dumping of municipal waste, solid waste and other types of garbage into it have all resulted in the present scenario and the mess this river has been reduced to, which appears to be heart rending. If those responsible for its present condition still do not understa...

REPL bags project management consultancy work for Moradabad smart city

💻Jk News info 📰 NEW DELHI, Apr 30: Infrastructure consultancy firm REPL Tuesday said it has bagged a project to prepare master plan and project report for smart city project in Moradabad, Uttar Pradesh. The Delhi-based firm is already providing consultancy work in conceptualisation, planning, and implementation of smart city projects in Varanasi and Kanpur in Uttar Pradesh, Indore (Madhya Pradesh) and Dehradun (Uttarakhand). “Moradabad Smart City Ltd (MSCL) has awarded the Project Management Consultancy (PMC) assignment to REPL (Rudrabhishek Enterprises Ltd),” a company statement said. The project envisions retrofitting and redevelopment of 1,260 acre of the selected local area in Moradabad. REPL would support MSCL in the overall management of smart city project, including project planning, budgeting, supervising, managing, monitoring and evaluating, reporting and coordination to ensure timely project development. REPL will assist in the preparation of retrofit-redevelopment are...

ICRISAT-led team cracks genetic code to develop climate-resilient chickpea

💻Jk News info 📰 HYDERABAD, Apr 30: In a breakthrough, scientists have successfully completed sequencing of 429 chickpea lines from 45 countries to identify genes that are tolerant to drought and heat, the ICRISAT said Tuesday. For instance, India, the biggest consumer of pulses in the world, faces increasing production gap. This new research could take India closer towards attaining self-sufficiency in pulse production, it said. The study also confirms that chickpea came to India from Fertile Crescent of Mediterranean via Afghanistan and may have been introduced back to the primary centres of origin after 200 years, it added. “This is the largest-ever exercise of whole-genome re-sequencing of chickpea… What this means to the agricultural community is potential development of newer varieties of chickpea with higher yields, which are disease-and-pest-resistant, and better able to withstand the vagaries of weather,” the ICRISAT said in a statement. The International Crops Research I...

IS leaders to be ‘delivered justice’ after al-Baghdadi tape: US

💻Jk News info 📰 WASHINGTON, Apr 30: The United States vowed Monday that it would track down and defeat surviving leaders of the Islamic State movement after its elusive supremo Abu Bakr al-Baghdadi appeared to speak in a newly released videotape. The US-led coalition against the group will fight across the world to “ensure an enduring defeat of these terrorists and that any leaders who remain are delivered the justice that they deserve,” a State Department spokesman said. In Baghdadi’s first purported appearance in five years, a cross-legged speaker said to be the world’s most wanted man referred to the group’s defeat last month in its final redoubt of Baghouz and threatened revenge attacks. US government analysts “will review this recording and we will defer to the intelligence community to confirm its authenticity,” the State Department spokesman said. But regardless of the video’s authenticity, the spokesman said that the Islamic State group, also known as ISIS, had been batte...

Cipla gets USFDA nod for pulmonary arterial hypertension drug

💻Jk News info 📰 NEW DELHI, Apr 30: Drug major Cipla Tuesday said it has received final approval from the United States Food and Drug Administration (USFDA) for Ambrisentan tablets, indicated for the treatment of pulmonary arterial hypertension. Cipla’s Ambrisentan tablets 5 mg and 10 mg is AB-rated generic therapeutic equivalent version of Gilead Sciences Inc’s Letairis, the Mumbai-based company said in a BSE filing. Ambrisentan tablet is an endothelin receptor antagonist indicated for the treatment of pulmonary arterial hypertension (PAH) (WHO Group 1) to improve exercise ability and delay clinical worsening, it added. Cipla said the US sales of Letairis tablets USP stood at USD 943 million in 2018. “The product is available for shipping immediately,” the company added.(PTI) The post Cipla gets USFDA nod for pulmonary arterial hypertension drug appeared first on Jammu Kashmir Latest News | Tourism | Breaking News J&K . News posted by jknewsinfo Click Here Download JK Ne...

Glenmark Pharma launches anti-diabetes drug Remogliflozin in India

💻Jk News info 📰 NEW DELHI, Apr 30: Drug major Glenmark Pharma Tuesday announced the launch of its anti-diabetes drug Remogliflozin in India. “Glenmark is the first company in the world to launch the novel SGLT2 inhibitor Remogliflozin and India is the first country to get access to this innovative drug…The drug is indicated in the treatment of type-2 diabetes mellitus in adults,” the company said in a regulatory filing. SGLT2 inhibitors are oral anti-diabetes drugs that provide glycemic control, induce weight loss and reduce cardiovascular risks. Glenmark said it will commercialise Remogliflozin in India under the brand names ‘Remo’ and ‘Remozen’. Glenmark said it received regulatory approval for Remogliflozin etabonate 100 mg tablets after successfully completing phase-3 clinical trials. “Diabetes is a key area of focus for Glenmark and with the launch of Remogliflozin, the company aims to improve access to SGLT2 inhibitors by providing an effective, high quality and world-clas...

Zydus Cadila inks pact with Italy’s SIFI to market intraocular lenses in India

💻Jk News info 📰 NEW DELHI, Apr 30:Drug firm Zydus Cadila Tuesday said the company has tied up with Italy-based ophthalmic firm SIFI to market intraocular lenses in India. “SIFI’s innovative IOLs (Intraocular lenses) have been approved by the Indian Central Drugs Standards Control Organisation (Directorate General of Health Services) and Ministry of Health & Family Welfare (Medical Device and Diagnostic Division),” Zydus Cadila said in a regulatory filing. Zydus Cadila said these surgical devices represent the most advanced solution for cataract refractive surgery and the correction of astigmatism (a condition where the cornea is irregularly shaped) and presbyopia (natural loss of near focusing ability that occurs with age). Zydus and SIFI look forward to bring such innovations to India and to the entire South Asia region in order to empower surgeons with an advanced technology and consequently better the quality of vision and life of patients, the company added. (PTI) The po...

Co-living firm Housr raises fund from Pirojsha Godrej, Abhishek Lodha; to invest Rs 350cr for growth

💻Jk News info 📰 NEW DELHI, Apr 30: Lodha group MD & CEO Abhishek Lodha and Godrej Properties executive chairman Pirojsha Godrej have made an investment in co-living firm Housr that plans to infuse Rs 350 crore by end of the next year to reach 50,000 beds, a top company official said. Housr, which has been co-founded by Tribeca Developers MD Kalpesh Mehta and Deepak Anand, did not disclose the amount infused by the two promoters and three investors — Abhishek Lodha, Pirojsha Godrej and Unimark group Chairman Harsh Patodia. However, it said the funds have been raised at a “USD 30 million pre-money valuation”. The co-living firm has already taken on lease 10,000 beds in Gurugram (Haryana), Noida (Uttar Pradesh), Mumbai and Kota (Rajasthan). Housr has taken on long-term lease two residential towers from realty firm Tulip Infratech to launch its first co-living project in Gurugram. This property would be operational in 4-6 weeks in a price range of Rs 10,000-25,000 per month per b...

Ex-diplomat says US should pay N. Korea in prisoner deal

💻Jk News info 📰 WASHINGTON, Apr 30: A former US diplomat confirmed Monday that North Korea asked for USD 2 million to release an American student who had fallen into a coma after alleged torture — and said Washington should pay it. Joseph Yun, a veteran US diplomat who had flown to Pyongyang in 2017 to bring back 22-year-old Otto Warmbier, said that North Korea presented him with a bill for his medical expenses. He said he called up then secretary of State Rex Tillerson, who he believed then sought a green light directly from President Donald Trump. Tillerson “got back to me very quickly thereafter to say, yes, go ahead and sign,” Yun, who has since left government, said. The Washington Post first reported the payment demand, after which Trump, describing himself as “the greatest hostage negotiator” in US history, tweeted that nothing was paid to North Korea. But Yun said that Trump’s decision means that the United States should pay. “If you’ve signed, if you promised another g...

horoscope

💻Jk News info 📰 Wednesday  May 01-2019 Aries : The yogis have finally succeeded in impressing you. Was it a stint in a Art of Living course? Ganesha gives you the thumbs-up and suggests you join that music or dance class you have been wanting to. Generally a nice day, and success is on the cards. Taurus : This all matters are likely to revolve around the opposite sex. Women are going to feature prominently and significantly in everything that you do. So says Ganesha. That is good. But you will be inclined to be lazy and laid back and may thus reduce the effect and impact of efforts. Keep your sluggishness away and you will find that everything that you have been striving for is falling in your lap. Gemini : You need to bear in mind that you need to concentrate on your own image and standing in society rather than worry about the actions of others. Those in the retail business will see an unprecedented spurt in their profits today, says Ganesha. Cancer : Ganesha says that you ...

World sees “groundswell of intolerance”, hate-based violence against various faiths: UN chief

💻Jk News info 📰   UNITED NATIONS, Apr 30: The world is seeing a “groundswell of intolerance” and hate-based violence against people of various faiths, and this “venom” is directed at anyone considered “the other”, the UN chief has said, warning that parts of the internet were becoming “hothouses of hate”. UN Secretary General Antonio Guterres’ remarks have come in the wake of a series of attacks against mosques, synagogues and other places of worship in the recent past, including the Easter Sunday bombings targeting three churches in Sri Lanka that killed more than 250 people. A gunman armed with a semiautomatic rifle on Sunday entered a synagogue in Poway in California, some 40 kilometres north of San Diego, yelling anti-Semitic slurs and opened fire, killing one woman, and wounding the rabbi and two others. Six people, including a pastor, were killed in an attack on a church in Burkina Faso on Sunday. Last month, 50 worshippers were gunned down at two mosques in Christchur...

UN, global health agencies sound alarm on drug-resistant infections to reduce staggering number of future deaths

💻Jk News info 📰 UNITED NATIONS, Apr 30: Deaths caused by infections from antibiotic-resistant bacteria will skyrocket over the next two decades, along with huge economic costs, without immediate, ambitious and coordinated action, the UN World Health Organisation (WHO) and partners warned. According to a groundbreaking report, the UN Ad hoc Interagency Coordinating Group on Antimicrobial Resistance warned that if no action is taken, drug-resistant diseases could cause 10 million deaths each year by 2050 and damage to the economy as catastrophic as during the 2008-2009 global financial crisis. By 2030, antimicrobial resistance could force up to 24 million people into extreme poverty. Currently, at least 700,000 people die each year due to drug-resistant diseases, including 230,000 people, who die from multidrug-resistant tuberculosis. More and more common diseases, including respiratory and urinary tract infections, as well as sexually transmitted infections, are untreatable; lifesa...

Summit held to counter hate speech in Geneva

💻Jk News info 📰 UNITED NATIONS, Apr 30: The United Nations in Geneva held a major summit to counter hate speech, co-hosted by Special Adviser on the Prevention of Genocide, Adama Dieng. A ‘disturbing groundswell’ of hate-based violence and intolerance aimed at worshipers across all faiths, must be countered soon before it’s too late, the United Nations Secretary-General said, noting murderous attacks on a synagogue in California, and a church in Burkina Faso. Warning against a “revival” of ultra-nationalist groups and parties, the UN official warned that they “legitimised violations”, by portraying minorities as a threat to their culture and identity. “These groups are spreading their incendiary language into mainstream political discourse; we see this in too many countries,” he said, at the event co-hosted with the International Association for the Defence of Religious Liberty (AIDLR). “We need to collectively and actively stop these dynamics and counter them with messages of ope...

UN aid chief: No progress so Rohingya can return to Myanmar

💻Jk News info 📰   UNITED NATIONS, Apr 30:The UN humanitarian chief has said there has been “no progress” in dealing with the reasons why more than 700,000 Rohingya Muslims fled to Bangladesh from western Myanmar’s Rakhine state. Mark Lowcock, who just returned from a visit to Bangladesh, said on Monday Myanmar has failed “to put in place confidence-building measures that would persuade people it’s safe to go back.” He said all the refugees he spoke to didn’t think it was safe to return, and want to be assured of things like freedom of movement and access to education, jobs and services. Buddhist-majority Myanmar has long considered the Rohingya to be “Bengalis” from Bangladesh even though their families have lived in the country for generations. Nearly all have been denied citizenship since 1982, effectively rendering them stateless, and they are also denied freedom of movement and other basic rights. The latest crisis began with attacks by an underground Rohingya insurgent g...

Airtel’s Africa operations post USD 89 mn profit in Jan-Mar

💻Jk News info 📰   NEW DELHI, Apr 30: Airtel Africa, a subsidiary of Bharti Airtel that provides services in Africa, Tuesday posted a net profit of USD 89 million for the quarter ended March 31, 2019, on account of increase in data consumption and Airtel Money penetration. The company had posted a loss of USD 33 million in the same period a year ago. Its revenue increased by 6 per cent to USD 781 million during the reported quarter from USD 736 million in the corresponding period of 2017-18. “Increase in Data & Airtel Money penetration led to faster net revenue growth,” Airtel Africa said in its quarterly report. For year ended March 31, 2019, Airtel Africa posted a profit of USD 412 million while it had reported loss of USD 138 million a year ago. Revenue increased by 5.73 per cent to USD 3,077 million in 2018-19 from USD 2,910 million in 2017-18, the company said. (PTI) The post Airtel’s Africa operations post USD 89 mn profit in Jan-Mar appeared first on Jammu Kash...

US Lawmaker demands end of steel, aluminum tariffs as price for USMCA trade deal approval

💻Jk News info 📰 Washington, Apr 30 (Sputnik) The recently negotiated trade agreement between the United States, Mexico and Canada – known by the acronym USMCA – will die in the US Congress unless President Donald Trump first removes tariffs on steel and aluminum from the two US neighbors, Senate Finance Committee Chairman Chuck Grassley warned in an op-ed article on Monday. “If these tariffs aren’t lifted, USMCA is dead,” Grassley wrote on the Wall Street Journal opinion pages. “There is no appetite in Congress to debate USMCA with these tariffs in place.” Grassley praised the USMCA as a good agreement for the environment, for workers, for jobs and for nearly every sector of the US economy, but he warned that many Americans have been harmed by Mexican and Canadian tariffs imposed in retaliation for the US steel and aluminum levies. As an example, Grassley cited agricultural tariffs on hog farmers in his home state of Iowa that continue to damage communities with lost jobs and redu...

US deputy attorney general who oversaw Mueller probe resigns

💻Jk News info 📰 WASHINGTON, Apr 30: US Deputy Attorney General Rod Rosenstein, who chose Special Counsel Robert Mueller to lead the Russia interference probe and protected him from political intrusion, announced on Monday he is stepping down. In a letter to President Donald Trump, Rosenstein said he would depart on May 11, after more than two turbulent years as the number two official in the Department of Justice. The veteran Republican prosecutor, 54, stunned the country on May 17, 2017 when he named an independent lawyer to take on the Russia probe after Trump fired FBI director James Comey. Then-attorney general Jeff Sessions had already recused himself from overseeing the investigation, leaving Rosenstein in charge. That made Rosenstein effectively the one buffer between Mueller and the White House — a position that became even more crucial when the investigation began examining whether Trump himself had obstructed justice by firing Comey and then trying to have Mueller fired...

Kalpataru completes acquisition of 85 pc stake in Swedish firm for USD 24 mn

💻Jk News info 📰 NEW DELHI, Apr 30: Engineering firm KPTL Tuesday said its arm Kalpataru Power Transmission Sweden AB has completed acquisition of 85 per cent stake in Linjemontage i Grastorp AB for USD 24 million (around Rs 167 crore). “Kalpataru Power Transmission Sweden AB, wholly-owned subsidiary of the company, has completed the acquisition of LMG along with its two wholly-owned subsidiaries on April 29, 2019,” a company statement said. Kalpataru Power Transmission Ltd (KPTL) announced the acquisition last month. The acquisition is in line with KPTL’s stated objective of growth and greater geographical presence in stable and growing markets with focus on core power transmission segment. The transaction was expected to close in the first quarter of 2019-20. The Linjemontage i Grastorp AB was founded in 1993. It specialises in power supply solutions and services for electricity networks up to voltage range of 400 kv. The company has presence in Sweden and Norway with an order...

Fire at Delhi’s Shastri Bhawan triggers political row; officials say no files destroyed

💻Jk News info 📰 NEW DELHI: A fire broke out Tuesday afternoon at central Delhi’s Shastri Bhawan that houses several Central Government ministries, triggering a war of words between the ruling BJP and opposition parties over “burning of files”, though an official said no documents were destroyed. The fire broke out at 2.15 pm on the terrace of the six-storeyed building, which is located in the high security India Gate-Parliament House area, the Delhi fire department said. Seven fire engines were rushed to the spot and the blaze was brought under control by 2.55 pm, a senior official of the department said. “The fire erupted in the scrap and no files were gutted,” Atul Garg, Delhi Chief Fire Officer, said. After this afternoon’s blaze, opposition leaders like Congress chief Rahul Gandhi and CPI(M)’s Sitaram Yechury raised allegations that Government files were being destroyed, drawing sharp retort from the BJP. In a tweet, Gandhi said, “Modi ji burning files is not going to save y...

EC gives clean chit to PM Modi for Wardha speech issue

💻Jk News info 📰 NEW DELHI: The Election Commission on Tuesday gave a clean chit to Prime Minister Narendra Modi for his speech in Wardha in which he had slammed Congress chief Rahul Gandhi for contesting from Wayanad and had “indicated” that the Kerala constituency had more voters from the minority community. “The matter has been examined in detail in accordance to the extant guidelines/provisions of the Model Code of Conduct, the Representation of the People Act and the report of the Chief Electoral Officer, Maharashtra. Accordingly, the commission is of the considered view that in this matter no such violation has been noticed,” an EC spokesperson said. The Congress had earlier this month had approached the EC and had sought action against PM Modi’s “divisive” speech. The PM, while addressing a rally in Wardha on April 1, had reportedly said, the opposition party was “scared” to field its leaders from constituencies where the majority dominates.  (AGENCIES)   The post...

Will revoke Article 370 if BJP comes to power again: Shah

💻Jk News info 📰 MORENA: BJP president Amit Shah on Tuesday said Article 370 will be withdrawn from Jammu and Kashmir, if the saffron party is voted back to power. Addressing an election rally here in Madhya Pradesh, Shah also slammed National Conference (NC) leader Omar Abdullah for his statement seeking a separate prime minister for Jammu and Kashmir. “We will remove Article 370 if voted back to power,” Shah said. Article 370 gives special status to Jammu and Kashmir. Shah also alleged that the Opposition, including the Congress and the NC, wanted a separate prime minister for J&K. “The Congress, the NC, SP and BSP all wanted to separate Kashmir from Hindustan. But this Narendra Modi Government will never allow secession (of J&K) from India. (AGENCIES) The post Will revoke Article 370 if BJP comes to power again: Shah appeared first on Jammu Kashmir Latest News | Tourism | Breaking News J&K . News posted by jknewsinfo Click Here Download JK News info Android app...