Category Archives: Education
सेंट जेवियर्स वर्ल्ड स्कूल, शास्त्री नागर में पर्यावरण एवं स्वच्छता क्लव के प्रभारी आयुष गोयल/ पीयूष गोयल द्वारा से नो टू पोलोथिन विषय पर स्लोगन राइटिंग कॉम्पटीशन कराया गया! इस अवसर पर पर्यावरण एवं स्वच्छता क्लब के निदेशक आयुष गोयल और पीयूष गोयल ने बच्चों को पॉलिथीन से होने वाले दुषप्रभाव के बारे में जानकारी दी! कार्यक्रम के अंत में स्कूल प्रांगण में पौधा रोपण किया गया !स्कूल की प्रधानाचार्य कविता गर्ग ने वृक्षों का महत्व बताया उन्होंने कहा की पीपल और वट वृक्ष 24 घंटे ऑक्सीजन देते हैं! इस अवसर पर श्रीविपुल सिंघल, कविता गर्ग, प्रियंका चौहान ,कीर्ती चौहान, सांचीप्रभा, सुप्रिया चौहान शिल्पा चौधरी,आंचल शर्मा ,हिमनी छाबड़ा, सुहानी आदि उपस्थित रहे
NEW DELHI: Reliance Industries Limited (RIL) chairman and managing director (MD) Mukesh Ambani will address the shareholders of the company at its 41st annual general meeting (AGM) in Mumbai on Thursday.
In the last AGM, Ambani unveiled the company’s flagship Jio Phone for ‘effectively Rs 0’.
Here is a rundown of what Mukesh Ambani may offer today:
* A number of media reports have suggested that in yet another disruptive offering, RIL could well announce the launch and prices for its broadband venture, JioFiber service.
* In the last 12 months, RIL has made 12 deals worth Rs 28,900 crore, news agency Bloomberg reported.
* Ten of these are related to his consumer business. Ambani has also capitalized on India’s ongoing bad-debt issues with purchases of distressed or insolvent companies including a local textile-maker, a carbon-fiber firm and the wireless assets of his brother Anil Ambani’s debt-laden Reliance Communications.
* Reliance Industries reported a consolidated net profit of Rs 9,459 crore for the March quarter, up 17 percent compared to the same quarter of the previous year.
* The RIL stock was up 1 per cent at Rs 999.50 at 10.35 am.
HONG KONG: Hong Kong’s top court ruled on Wednesday that a British lesbian should be granted a spousal visa in a landmark judgment that could open the door for expatriate same-sex partners to move to the Chinese-ruled city.
The British woman, who requested to be identified only as QT in court, sued the director of immigration in 2014 after she was denied a spousal visa that would have granted her resident status and allowed her to work without the need for a separate visa.
The woman and her partner, a dual British and South African national identified only as SS and who was offered work in Hong Kong, had entered into a civil partnership in Britain. QT did not appear in court.
“Although I cannot be with you in person today, that does not diminish the joy I feel, knowing that Hong Kong’s highest court has upheld my right, as a lesbian woman, to be treated equally by the Hong Kong government,” QT said in a statement.
She plans to live in Hong Kong, instead of flying back and forth to Britain as she has been doing for years.
“I won’t feel like a second citizen anymore and I can have the basic rights like anyone else, from as simple as having a library card to having healthcare,” she told reporters by phone.
The unanimous ruling by five judges, upholding a lower court’s decision, brings to an end the case involving rights for the lesbian, gay, bisexual and transgender (LGBT) community, which won support from more than 30 global banks and law firms, including Goldman Sachs and Morgan Stanley.
“This ruling strengthens Hong Kong’s ability to attract global talent and its competitiveness as Asia’s pre-eminent global centre for commerce,” the companies said in a statement.
The decision goes beyond immigration and effectively recognises the rights of local and foreign same-sex couples who legally entered civil partnerships abroad, said the British woman’s lawyer, Michael Vidler.
“We never argued this case is about same-sex marriage for Hong Kong, but we hope this case will pave the way for exactly that,” he said outside the Court of Final Appeal.
Hong Kong’s Immigration Department said it respected the ruling.
“We are studying the judgment carefully and shall seek legal advice as necessary before deciding the way forward,” it said.
Hong Kong could become the first Asian jurisdiction to officially grant dependent visas to same-sex partners, even though it already makes some exceptions to diplomats.
Foreign diplomats in mainland China also say the Chinese government has been issuing de facto spousal visas to same-sex partners in recent years.
Although Taiwan set a precedent in Asia last year when its constitutional court ruled that same-sex couples have the right to legally marry, gay marriage has not been legalised yet.
An official website stated that same-sex spouses do not qualify as spouses for immigration purposes.
Japan does not officially grant dependent visas to same-sex couples, but some married foreign couples say they managed to get one.
Hong Kong is a popular destination for expatriates, many of whom work in the city’s financial services and legal sectors.
Homosexuality was decriminalised in 1991, although marriage is legally defined as a monogamous union between a man and a woman. It does not recognise same-sex marriage.
There is no law against sexual discrimination in the territory which is governed under a “one country, two systems” formula that promises it a high degree of autonomy, a legal system separate from that of mainland China and an independent judiciary.
In a 45-page judgment, the judges said the director of immigration’s assertion that an obvious difference existed between marriage and a civil partnership rested on “shaky foundations”.
The court also said that while the director of immigration’s policy aimed to attract foreign talent, the act of rejecting same-sex partners was counter-productive.
It had not allowed the 31 global banks and law firms’ to join in the court case, but acknowledged their effort in the judgment.
“As is evident from the attempted intervention of the banks and law firms, the ability to bring in dependants is an important issue for persons deciding whether to move to Hong Kong,” it said.
Veteran LGBT activist Billy Leung, who arrived at court with a small rainbow flag, said he knew at least six same-sex couples who had chosen not to move to Hong Kong or had left the city in the past five years over what they described as a lack of LGBT-friendly policies.
“The struggle is real,” he said.
MUMBAI: In an act of reconciliation with the Reserve Bank of India (RBI), officiating finance minister Piyush Goyal has indicated that the government was open to addressing the RBI’s grouse of not having powers to regulate public sector banks. This is a climbdown from its earlier position when the finance ministry insisted that the central bank had adequate powers.
In the aftermath of the Nirav Modi scam at the Punjab National Bank (PNB, the finance ministry and the RBI governor Urjit Patel had traded charges on lack of accountability and lack of powers. Patel had responded to indirect allegations that the RBI had failed to detect the scam.
Speaking at the State Bank of India’s 5th banking conclave, Goyal said, “As regard the RBI powers, we are examining it and that’s an issue that we will sit with the RBI and will sort out. The government has an open mind on this issue.” He added that the government was willing to put in whatever capital was required into public sector banks.
Goyal said that he has also discussed with banks a strategy for encashing some of their non-core assets quickly. “I understand some of the public-sector systems will take time till these assets can be sold through a transparent mechanism can be converted into capital for banks. We are working to see if we could look at an intermediate solution for that,” said Goyal.
When questioned on an earlier Budget proposal made more than a decade ago to bring down government stake in PSU banks, Goyal said there is absolutely no proposal to reduce government shareholding below 51%. “They will continue to be PSBs with 51% holding in all the 20 banks that are under the Banking Regulation Act,” Goyal added.
He said that the Sunil Mehta committee, constitute to look into a solution for the bad loan pile-up in public sector banks, had recommended setting up a bad bank-type asset management company (AMC) to resolve the bad loan problem. “They have also done an analysis of the capital requirement and we are working in tandem with the team to see what needs to be done,” said Goyal.
As per the survey conducted by Radio Nageen ( http://radionageen.com ) the recent top schools list by 5429 voters are :
- CJDAV PUBLIC SCHOOL (19%, 1,043 Votes)
- K L International School (11%, 616 Votes)
- Shanti Niketan Vidyapeeth (9%, 504 Votes)
- Sophia Girls School (7%, 363 Votes)
- Meerut Public School Boys (6%, 328 Votes)
- St. Mary’s Academy (6%, 318 Votes)
- Tej Public School (6%, 314 Votes)
- Gargi Girls School (5%, 282 Votes)
- Dewan Public School (5%, 248 Votes)
- MIET Public School (3%, 177 Votes)
- International public school (3%, 148 Votes)
- Gandhi International Public School (2%, 105 Votes)
- Mount Litera Zee School (1%, 70 Votes)
- Translam Academy International (1%, 68 Votes)
- Dayawati Modi Academy (1%, 67 Votes)
- J.P.Academy (1%, 65 Votes)
- BDS International (1%, 56 Votes)
- Gargi kidz (1%, 55 Votes)
- St. Xavier’s World School Kids at W.K.Road (1%, 54 Votes)
- Darshan Academy (1%, 52 Votes)
- St. Xavier’s World School for Girls (1%, 47 Votes)
- St. Xaviers World School Ganga Nagar (1%, 43 Votes)
- MPS Girls West End Road (1%, 42 Votes)
- MPS Girls Shastri Nagar (1%, 39 Votes)
- Guru Teg Bahadur (1%, 35 Votes)
- Baleraam Brijbhushan Saraswati Shishu mandir (1%, 32 Votes)
- Meerut City Public School (1%, 31 Votes)
- Satyakaam international school (1%, 28 Votes)
- St. Xavier’s World School Kids at Shatabdi Nagar (0%, 25 Votes)
- Delhi Public School (0%, 19 Votes)
- Army Public School (0%, 19 Votes)
- Rishabh Academy (0%, 15 Votes)
- Karan Public School (0%, 15 Votes)
- St. Johns School (0%, 15 Votes)
- Millennium Kids School Rakshapuram (0%, 14 Votes)
- City Vocational Public School (0%, 13 Votes)
- St. Xavier’s World School Kids at Shastri Nagar (0%, 12 Votes)
- iPS Meerut Cantt. (0%, 11 Votes)
- Sunningdale school (0%, 10 Votes)
- The Adhyan (0%, 6 Votes)
- Annie Basent School (0%, 5 Votes)
- Aim Public School (0%, 5 Votes)
- Tasxila Public School (0%, 5 Votes)
- Blossoms School (0%, 4 Votes)
- Oxford International School (0%, 3 Votes)
- American Kids (0%, 1 Votes)
- Vardhman Academy (0%, 1 Votes)
- Ved International School (0%, 1 Votes)
The last base year for GDP, IIP and consumer price index was revised to 2011-12 and 2012 (for inflation), minister of statistics and programme implementation Sadananda Gowda said here on Tuesday.
“The revisions facilitated more accurate assessment of the progress of the economy and the society. Steps are being initiated for the next round of revision also, for GDP we would like to revise the base year to 2017-18 and base year for consumer retail inflation to 2018,” Gowda told reporters here.
Enlisting the achievements of the NDA government in past four years, Gowda said fundamental principles of the United Nations were adopted in 2016 to calculate official statistics.
The minister sought to discredit the debate that the government has changed the GDP and CPI calculation methodologies among others to suit its needs.
“These principles are aimed at promoting good practices and professional ethics in production and dissemination of official statistics,” he said further.
NEW DELHI: Malaysia’s IHH Healthcare and Manipal-TPG combine have put in fresh binding bids for cash-strapped healthcare chain while Munjal-Burman combine, which had earlier emerged as the preferred suitor for Fortis Healthcare, has backed out from the race.
In a regulatory filing, Fortis Healthcare said it has fresh binding bids without specifying details.
While Malaysia’s IHH Healthcare stated that it has put in binding bid, sources said Manipal-TPG combine have also put in their bid.
The Munjal-Burman combine has, however, not submitted fresh binding bids on the last day, a source said.
“The Board of Directors of the company has received Binding Bids on July 3, 2018,” Fortis Healthcare said in a BSE filing today.
The binding bids will be evaluated by the board in consultation with its advisors, it added.
As per the fresh criteria, that was put up by the Fortis board on May 29, the potential buyer had to make a minimum investment of Rs 1,500 crore into Fortis Healthcare by way of preferential allotment.
Apart from having a plan for funding the acquisition of RHT Health Trust (RHT), suitors should also have a plan for providing exit to private equity investors of diagnostic arm SRL.
Among others key criteria, the bids had be unconditional as well as mention about the source of funds for the transaction and elaborate on the plans for retention of current management and employees.
The backing out of Munjal-Burman combine from the race comes days after Fortis Healthcare announced that it has initiated legal action to recover about Rs 500 crore of funds given as inter-corporate deposits (ICDs) to the firms contolled by Malvinder and Shivinder Singh. The loans were given without board approval and enough collaterals.
The company had also stated that market regulator SEBI has also ordered a forensic probe into the company’s matters.
The race for Fortis has witnessed several twists and turns over the past few months.
The Manipal-TPG combine was the first to make an unsolicited non-binding offer for the cash-starpped healthcare chain on March 23, 2018.
Subsequently, Fortis board approved demerger of its hospitals business to be acquired by Manipal Hospitals and TPG Capital, along with the sale of 20 per cent stake in diagnostics chain SRL Ltd in a Rs 3,900-crore deal.
Following the announcement, others suitors jumped into the fray with Munjal-Burman combine, Malaysia’s IHH Healthcare Berhad and KKR-backed Radiant Life Care also making binding offers.
China’s Fosun Healthcare which had also joined the race however did not make binding bid for the company.
The process saw the suitors revising their bids.
In April, Manipal-TPG combine raised the offer for Fortis Healthcare Ltd by valuing the hospital business higher at Rs 6,061 crore from the earlier equity valuation of Rs 5,003 crore.
The combine finally sweetened their offer with a proposal to invest in the company at Rs 180 per share in the cash-strapped healthcare chain with a proposal to invest in the company, thereby increasing valuation of the company to Rs 9,403 crore.
Malaysian firm IHH Healthcare Berhard had also revised its offer to directly invest in Fortis at Rs 175 per share on May 1 from an initial non-binding offer to invest in Fortis at Rs 160 per share.
KKR-backed Radiant Life Care had also revised bid for Fortis with a binding offer to acquire its Mulund hospital for an enterprise value of Rs 1,200 crore and a proposal to acquire stake in hospital business.
The fifth bidder, Fosun Health Holdings, an arm of Fosun International, which made a non-binding proposal to invest a total of USD 350 million (over Rs 2,295 crore) at a price up to Rs 156 per share, had not revised its offer.
The erstwhile board of Fortis accepted the offer by the Munjal-Burman combine to invest Rs 1,800 crore in the company.
However, when a new board was reconstituted after a group of institutional shareholders sought removal of four directors, the company decided to call for fresh bidding.
From its first hospital at Mohali in 2001, Fortis Healthcare has grown to be a leading integrated healthcare delivery service provider in India.
Currently, the company has 45 healthcare facilities, including projects under development, around 10,000 potential beds and 314 diagnostic centres in India, Dubai, Mauritius and Sri Lanka.
An estimated 270,000 people have fled air and ground attacks over the past two weeks, the United Nations said on Monday
“We call on the Jordanian government to keep its border open and for other countries in the region to step up and receive the fleeing civilians,” UN human rights spokeswoman Liz Throssell told a news briefing.
UNHCR spokesman Andre Mahecic said an estimated 40,000 Syrians were massed near the border with Jordan, which already hosts 650,000 registered Syrian refugees.
SAN FRANCISCO: A tense and short-tempered chief executive Elon Musk barked at engineers on the Fremont, California assembly line. Tesla Inc pulled workers from other departments to keep pumping out the Model 3 electric sedans, disrupting production of the Model S and X lines. And weekend shifts were mandatory.
Tesla pulled out all the stops in the final week of June to meet its goal of making 5,000 Model 3s in a week, according to employees who spoke to Reuters.
Whether Tesla can do it week in and week out – and without relying on overtime and extra hands – is another question, and one that weighed on investors Monday, as shares slumped 2.3 per cent.
Leading up to Sunday morning’s production milestone, Musk paced the Model 3 line, snapping at his engineers when the around-the-clock production slowed or stopped due to problems with robots, one worker said. Tesla built a new line in just two weeks in a huge tent outside the main factory, an unprecedented move in an industry that takes years to plan out its assembly lines, and said the tented production area accounted for 20 per cent of the Model 3s produced last week.
“They were borrowing people from our line all day to cover their (Model 3) breaks so the line would continue to move,” said a Model S worker on Sunday.
Because of the focus on the Model 3, the S line is about 800 cars behind, the worker said.
“They’ve been throwing Model 3s ahead of the S to get painted to try to assure that they make their goal of 5,000,” the worker said. “The paint department can’t handle the volume.”
Disruption of the Model S and X lines could threaten Tesla’s target of building 100,000 of those vehicles in 2018. Tesla built 49,489 of those cars in the first half of this year.
Asked about the potential S and X impact, Tesla said it also produced 1,913 of those vehicles during the last week of the quarter along with its Model 3s.
Tesla said it built a total of 28,578 Model 3s in the second quarter, and 40,989 since production began last July.
Last week’s big push also brought a rewrite of the employee attendance policy. After mandatory weekend shifts were assigned, two workers said, Tesla rescinded a policy promising workers at least one week’s notice before weekend work.
“The manager and supervisor are verbally going around and saying: ‘If you don’t come in, you’ll be written up’,” one of the workers told Reuters last week.
Some employees are worried the frenetic pace plus long hours could burn out workers. One employee said they were told to keep working until they met their daily production mark, not when their shifts ended.
“They said starting tomorrow be prepared to work up to 12 hours,” said the Model S employee on Monday. “It’s gonna be basically 12 hours from now on and I’ve got a feeling it’s gonna be six days a week.”
To make its number, Tesla was willing to “spend any kind of money,” a Gigafactory worker said, pointing to the new battery assembly-line flown in from Europe via cargo planes to the Gigafactory in May.
In the morning of Sunday, July 5, about five hours after the self-imposed second-quarter deadline had passed, the number 5,000 flashed on a countdown screen viewed by Tesla’s Model 3 assembly-line workers. The Model 3 itself bore a “5,000” sign in its front window.
Tesla said on Monday that some of its Model 3 production would be on break as part of the July 4 holiday, with production to resume on Thursday. Tesla plans to build 6,000 Model 3s per week by August.
But the worker told to expect longer shifts warned that pushing assembly-line workers too hard could backfire.
“He (Musk) is gonna go through an awful lot of people because people are gonna start getting hurt left and right,” by the fast-moving assembly line, the worker said.
“There’s only so fast a person can move.”