3 militants killed after attack on army camp in J&K

October 6, 2016

Srinagar, Oct 6: Three heavily armed militants suspected to be from Pakistan were today killed after they launched an attack on an army camp in north Kashmir's Kupwara district.

Encounter

A huge cache of arms and ammunition were recovered from the militants, who were also carrying medicines with Pakistani markings. An army official said that the militants opened fire on an army camp at Langate in Kupwara district at around 5 AM, which was retaliated by the jawans.

After repulsing the attack, the security forces launched a search operation in the area, during which the militants fired upon them, leading to an encounter.

Briefing the media on the operation, Commanding Officer, Colonel Rajiv Sharang said the three militants were challenged by jawans after they noticed suspicious movement near the perimeter fencing of the camp.

"Three terrorists were seen near the perimeter fencing of our camp. Our sentrys challenged the terrorists who fired heavily on our sentry posts. We also retaliated and then a quick reaction team was activated so that the terrorists do not flee the area where they were spotted.

"We used illumination rounds to illuminate the area and killed all the three terrorists," Col Sharang told reporters at Langate. The army official said the forces have recovered a huge cache of arms and ammunition from the slain militants.

"The medicine which has been recovered from all three terrorists has Pakistani marking. This ascertains that all three terrorists were Pakistani terrorists. The maps and the matrix sheet, which they were using, that also is being analysed. If we come to know more from it, we will let you know," he said.

Asked whether there could have been more militants, Col Sharang said there could have been more but we had spotted only three, so we take it that there were only three terrorists who had approached the periphery fencing.

He said the search and sensitisation operation in the area was on. "We will share more details about the operation with you whenever we have it," he said.

On a question on the recovery of four radio-sets from the three militants, the army official said, "There are times that the terrorists carry more than one radio-set also, so that is why from the three terrorists, we have recovered four radio-sets and there are three GPS devices".

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Agencies
May 4,2020

Mumbai, May 4: Days after Facebook, private equity firm Silver Lake said it will invest 56.56 billion rupees ($746.74 million) in Reliance Industries's digital arm, giving it a valuation of 4.90 trillion rupees. Silver Lake on Monday agreed to pay Rs 5,655.75 crore to buy 1.15 per cent stake in the firm that houses billionaire Mukesh Ambani's telecom arm Jio.

The investment in Jio Platforms comes within days of Facebook investing USD 5.7 billion to buy a 9.99 per cent stake in Jio Platforms. The investment is at a premium of 12.5 per cent to the Facebook deal.

"This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5 per cent premium to the equity valuation of the Facebook investment announced on April 22, 2020," Reliance said in a statement.

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News Network
July 23,2020

New Delhi, Jul 23: Riding high on foreign investors buying stakes in Jio Platforms, Reliance Industries Ltd Chairman Mukesh Ambani became the world’s fifth-richest person Wednesday, edging past American investor Warren Buffett on the real-time ranking of billionaires by Forbes. With an estimated wealth of $75 billion, Ambani is only next to Facebook co-founder and CEO Mark Zuckerberg, whose wealth is pegged at $89 billion.

Buffet had slipped down the rankings after donating more than $37 billion of Berkshire Hathaway Inc. stock since 2006 to charity. Berkshire Hathaway’s stock performance has also underwhelmed recently.

Amazon founder and CEO Jeff Bezos still sits at top in the richest list, with a net worth of $185.8 billion. He is followed by Microsoft co-founder Bill Gates with net worth of $113.1 billion and luxury group LVMH Moet Hennessy Louis Vuitton’s chief Bernard Arnault, with a net worth of $112 billion. Facebook CEO Mark Zuckerberg is at the fourth position in the Forbes list.

Shares of Ambani’s conglomerate have more than doubled since a low in March as its digital unit got more than $15 billion in investments from companies including Facebook Inc, Silver Lake, Intel, and most recently, Google. The US tech giant has committed a capital infusion of Rs 33,737 crore for a 7.7 per cent stake on Jio Platforms.

The total investment from financial and strategic investors into Jio Platforms stands at Rs 1,52,056 crore. RIL has raised a total of Rs 2,12,809 crore through a rights issue, the combined investments in Jio Platforms and investment by BP.

During the Reliance AGM last week, Ambani had said RIL has made its net-debt free ahead of a March 2021 target due to recent investments. Ambani said Jio has designed and developed a complete 5G solution that’s ready for launch as soon as spectrum is made available next year.

Jio and Google have also entered into a commercial agreement to jointly develop an entry-level affordable smartphone with optimisations to the Android operating system and the Play Store, Ambani said.

RILs market value jumped to Rs 12.7 lakh crore or $170 billion on Monday, making it the 51st most valued company in the world. Between April 1 and July 13, RIL has gained $81 billion in market capitalisation and has climbed 47 places from being the 98th most valued company on April 1 to 51st most value company now.

The share price of RIL has risen by 120 per cent over the last four months for Rs 883 per share on March 23, 2020 to Rs 1,939 on Monday. Since April 22, when Facebook Inc announced an investment of Rs 43,574 crore in Jio Platforms for 9.99 per cent equity stake, Jio Platforms has announced investments by 12 other investors. The total investment by these 13 investors over the last 12-weeks amounted to Rs 118,318 crore.

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News Network
April 8,2020

Bengaluru, Apr 8: The University Grants Commission (UGC) has asked all universities and higher education institutions across the nation to set up helpline to combat mental health issues among students during the Covid-19 crisis and nation-wide lockdown period.

In an official circular, the UGC stated that, "It is important to address psychological concerns of students and to address mental health and for the well-being of students, universities/colleges and higher education institutions should setup mental health helplines."

These helplines need to be monitored by counselors and other identified faculty members. "It is important for students to stay calm and stress-free. This can be achieved through telephones, e-mails, digital and social media platforms," says UGC.

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