Saturday, December 23, 2017

Russian Deputy PM Dmitry Rogozin arrives in New Delhi

Russian Dy PM Dmitry Rogozin call on Prime Minister Narendra Modi .
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External Affairs Minister Sushma Swaraj is holding meeting of the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation with visiting Russian Deputy Prime Minister Dmitry Rogozin.
Mr Rogozin arrived in New Delhi this morning. He is accompanied by senior Russian Government officials and representatives of trade and industry.
The meeting will enable the two sides to review the progress achieved by various Working groups and Sub-groups under the IRIGC-TEC and also discuss new areas of cooperation that could strengthen bilateral trade and investment.

Lalu Yadav, 15 others convicted

Former CM of Bihar Lalu Prasad, other convicted in the fodder scam case were send off to Birsa Munda jail, where security has been tightened, CBI sources said.
CBI judge Shivpal Singh pronounced the verdict in a packed courtroom in the case pertaining to fraudulent withdrawal of Rs 89.27 lakh from Deoghar Treasury between 1991 and 1994.
The court will pronounce on 3rd of Jan 18, the quantum of punishment to Lalu Prasad and 15 others convicted in fodder scam case .
Special court acquitted 80-year-old Jagannath Mishra and five others — former Public Accounts Committee chairman Druv Bhagat, former Indian Revenue Service officer A C Choudhary, fodder suppliers Saraswati Chandra and Sadhana Singh and former minister Vidya Sagar Nishad.
Those convicted,besides Lalu Prasad are political leaders Jagdish Sharma and R K Rana, IAS officers Beck Julius, Phoolchand Singh and Mahesh Prasad, and government officials Krishna Kumar and Subir Bhattacharya. The others are suppliers/transporters Tripurari Mohan Prasad, Sushil Kumar Sinha, Sunil Kumar Sinha, Raja Ram Joshi, Gopinath Das, Sanjay Agarwal, Jyoti Kumar Jha and Sunil Gandhi.
RJD leader Raghuvansh Prasad Singh has said the party will move the high court against today’s CBI court order.
The RJD chief has already been convicted in another fodder scam case that cost him his Lok Sabha seat and his disqualification from contesting elections.

Major Humanitarian Challenges Threaten Lives in Yemen

After 1,000 Days of Conflict, Major Humanitarian Challenges Threaten Lives in Yemen

Sana’a—The two-and-a-half-year-old conflict in Yemen has left a catastrophe. The crisis has continued to deteriorate following last month’s escalation of fighting in the north, as well as explosions in the south.
Essential services have collapsed and approximately 75 per cent of Yemenis need humanitarian assistance. A cholera outbreak has affected 21 of the 22 Governorates, while only 50 per cent of health facilities remain functioning in the country.
Famine has also increased the suffering of the war-torn country’s population with an estimated 7.3 million people, including 2.4 million children under five, in need of urgent life-saving food assistance.
IOM staff has been prevented from leaving their homes during this period, and their capacity to reach people in desperate need of humanitarian aid has been greatly affected. Access continues to be a major issue, as several main roads remain blocked. Fuel shortages have also limited the humanitarian community’s ability to transport aid.
“The world has almost never seen something as grave as the humanitarian crisis in Yemen,” said William Lacy Swing, UN Migration Agency Director General. “With such a complex situation in the country, reaching people in need – both Yemenis and migrants – is a priority for all IOM at all levels. Despite the deteriorated security situation and challenges on the ground, IOM is still operating across all the 22 Governorates of the country but if the situation continues to worsen I am not sure we will be able to protect the lives we are now for much longer,” said DG Swing.
Since the start of December, IOM has provided nearly 20,600 medical consultations to internally displaced peoples and other conflict-affected Yemenis via 22 mobile health teams and two permanent health facilities. These provide life-saving emergency healthcare. Some 3,231 people have received psychosocial support through IOM individual and group sessions. IOM’s mobile health teams also have been able to reach children and lactating women in the remote areas where services have been destroyed or absent.
As part of the humanitarian community’s cholera response, IOM treated 25,324 suspected cholera/acute watery diarrhoea cases so far in the last five months of this year. IOM supports 13 Diarrhoea Treatment Centers and 66 Oral Rehydration Points (ORPs) in seven Governorates: Taiz, Hajjah, Al Hudaydah, Shabwa, Abyan, Al Dhale’e and Ibb.
“The security situation is unstable, forcing us to change our implementation plans weekly,” said Said Mageed Alkaladi, IOM Senior Emergency Operations Assistant, a Yemeni humanitarian worker in the South. “We always search for new ways to reach people most in need with aid. A big part of this is speaking with the affected communities regularly to find the best way to implement and to meet their needs. We are part of these communities and we stand accountable to meet the needs in a timely manner despite all the challenges,” said Alkaladi.
Access to clean water and safe sanitation is closely linked to improving the dire health situation in Yemen. To complement its healthcare support, IOM is providing water chlorination, water trucking, solid waste management, distribution of cholera/hygiene kits and hygiene awareness sessions. Over the past few weeks, IOM has rehabilitated water sites, increasing access to safe drinking water for people in Lahj, Abyan and Shabwa Governorates.
Through its Displacement Tracking Matrix (DTM), IOM monitors the needs of conflict-affected Yemenis. The data is used to tailor the humanitarian communities’ response to the crisis. One of the greatest needs found among those displaced in the country is shelter.
Over the past three weeks, IOM was able to distribute around shelter and relief kits, which include materials to build or reinforce shelters, ensuring that over 5,600 families in the northern Governorates of Taizz, Ibb, Hajja and Amran had a roof over their heads. This month, IOM has also helped 45 displaced families relocate from 11 schools and build safe shelters to live in, while then renovating the schools so that they are back in use by teachers and students.
Although Yemen is facing one of the gravest humanitarian crises in the world, around 80,000 migrants have entered the country from January to October this year. These migrants usually hope to transit through the Yemen to reach the countries beyond, but often find themselves trapped at the conflict’s front lines in a dire need of protection and lifesaving assistance.
Through its two Migrant Response Points in Aden and Al-Hudaydah, as well as its patrolling teams along the Yemeni coast, IOM is supporting stranded migrants by providing aid and humanitarian return assistance.
Over the past three weeks, more than 4,100 migrants received medical assistance through IOM health facilities, in addition to 1,100 migrants who received psychosocial support.
Last week, IOM, in coordination with UNHCR, helped 150 Somali refugees return home through the port of Aden. Tomorrow (23/12), IOM expects to help an additional 100 Ethiopian migrants leave Yemen’s conflict through the port of Houdaida.
For more information, please contact: Saba Malme, IOM Communication Focal Point in Yemen, Tel:  +967 73 736800329, Email: smalme@iom.int

Adani Power Acquired Rs.50,000 Cr Power Assets 4 Yrs

Researcher views Only :
December23, 2017 (C) Ravinder Singh progressindia2015@gmail.com
It is scandalous when Assets of Adani Power Mar2017 reported are Rs.41,757 Cr which is aboutRs.20,000 Cr less than Financial Debts over 61,184 Cr – [Long Term Rs.36,650 Cr, Short TermRs.12,580 Cr and Trade Payables Rs.7,254 Cr and others Rs.4,700 Cr]
Only recently Adani offered to sell its Kutchh based Projects to State for Rs.1 only.
How is that Adani Power [Rs.14,949 Cr] acquired BSES-Mumbai Distribution assets for Rs.19,000 Cr when Reliance Energy Market Value just Rs.11,774 Cr [Debt 61,184 Cr].
This HIGH-BRED SCAM – Both Loss Making No Dividend Companies Buying and Selling a Part of Assets for more than Market Cap. BSES-Mum the Standalone Reported [P-16] Rs.4,766 Cr Revenue – Rs.64 Cr PAT.
IMPORTED Coal based power projects of Adani & Tata importing about $2b worth of coal every year – could have funded imports of 4000 MW of Rooftop SolarPV producing 150 BU of Clean Electricity over lifetime.
Just 3-4 years Adani has acquired many Power Assets worth about Rs.50,000 Cr when it was not declaring dividend and is in deep loss. AR 2017 on Page 20/212 >>
Ø Standalone T. Rev of Rs.11,753 Cr, Net Loss is Rs.6,052 Cr, Assets Rs.41,757 Cr
Ø Consolidated T. Rev of Rs.23,202 Cr Net Loss is Rs.6,174 Cr,
NTPC 12.17% Net Profit vs Adani Power 51.49% Net Loss Standalone
Ø NTPC reported Net Profit of Rs.9,385 Cr for Rs.77,071 Cr Revenue.
What is the Justification of Letting a Loss Making Company not reporting Profits and Dividend for many years – take over assets of Reliance Power
Piyush Goyal let both RP and AP refinance their Companies at 4% lower interest rates, Public Invested in National Grid enabling Adani to even sell power generated in Kutchh Gujarat to Bangladesh or Even Myanmar.
2G: CBI bungled in focusing on policy, not criminal intent
New Delhi: The criticism that the CBI faltered on many aspects of the 2G case is not completely incorrect as it seems to have concentrated more on the policy formulation rather than seeking to establish criminality of the accused politicians and corporate bigwigs. The agency arrested DMK leader A Raja, other public servants and corporate honchos in 2011 and filed a charge sheet within three months, and followed it up by defending its evidence in court. But as the trial progressed, CBI didn’t focus enough on proving criminal intent for bribes paid to Raja, former telecom secretary Siddharth Behura and Raja’s private secretary R K Chandolia. “The bank documents, cheques related to transfer of Rs.200 crore from DB Realty Group to Kalaignar TV, which was definitely a bribe, were collected but more documentary evidence that the money was meant for those in government could have been collected,” said a former CBI officer.
Adani Power IPO Scam – Trader’s Rs.326 Cr PAT 2009 to 10,440 MW in 2017

Gautam Adani a trader – July2009 Offered Rs.1 Share for Rs.100, Dec14 2009 allotted One for One Bonus, Apr2010 offered 1 Share for 16 @ Rs.475.   
Record date of 3rd Stock Market Adani Power in FY2009-10 – its record date was March25, 2010.  P-46.
The Company, on December 14, 2009, has allotted 24,80,15,675 Equity Shares to the Shareholders of the Company, pursuant to a bonus
issue of the Equity Shares in the ratio of one Equity Share for every one Equity Share, approved by the Shareholders in the EGM held on
November 27, 2009.
March12, 2010
ISSUE OF 3,11,26,659 EQUITY SHARES OF RE. 1 EACH (“EQUITY SHARES”) FOR CASH AT A PREMIUM OF RS. 474 PER EQUITY SHARE AGGREGATING TO AN AMOUNT AGGREGATING TO RS. 1,478.52 CRORES BY ADANI ENTERPRISES LIMITED (THE “COMPANY” OR THE “ISSUER”) TO THE EXISTING EQUITY SHAREHOLDERS OF THE COMPANY ON RIGHTS BASIS IN THE RATIO OF ONE EQUITY SHARE FOR EVERY 16 EQUITY SHARES HELD ON THE RECORD DATE I.E. MARCH 25, 2010 (“ISSUE”). THE ISSUE PRICE FOR THE EQUITY SHARES IS 475 TIMES OF THE FACE VALUE OF THE EQUITY SHARES.

Adani Power which sets out to establish 4×330 MW Power station [1320 MW] at Mundra in 2009 ends up owing 10,440 MW by 2015 today BUT making huge losses.

In Spite of Piyush Goyal helping reduce its Interest Burden, Transmission Investment to Sell Adani Power anywhere in India and Export also – Now RP Singh Helping it acquire BSES-Mum Distribution for Rs.19,000 Cr which reported just Rs.64 Cr Net Profit.

Public Get 4% Less Interest On Fixed Deposits with Banks than March2014.  
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, ND -110016, India. Ph: 091- 8826415770, 9871056471, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation,
Smart Cities, Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects

UP Chief Ministrer Yogi Adityanath meets industry leaders in Mumbai!

UP Chief Ministrer Yogi Adityanath meets industry leaders in Mumbai!
   Uttar Pradesh chief minister Yogi Adityanath on Friday visited Mumbai to appeal to industries and companies to invest in his state & extended support to firms from varied sectors.
Speaking at a CII event ‘Uttar Pradesh investors’ summit’, Mumbai road show, Adityanath assured that the state would follow a zero-tolerance policy towards crime, which will support better investments.
After the summit The CM had lunch with select few guests including Bollywood celebrity producers Boney Kapoor & Rahul Mittra,  director Anurag Kashyap and actor Randeep Hooda. Filmmaker Rahul Mittra spoke on the need to have a film city in UP along with an acting institute, shooting floors & post production setup. Rahul Mittra who’s already extensively shot in Uttar Pradesh for his earlier films, will be filming his next Sultana Daku starring Randeep Hooda in UP next year, which will be presented by Raju Chadha of Wave Cinemas.

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