7 suspected terror launch pads targeted in surgical strike; several killed

September 29, 2016

New Delhi, Sep 29: Seven terror launch pads were targeted across the LoC by special forces of the Indian Army during the 'surgical strike' overnight in which heliborne and ground forces were used, defence sources said today.

Kashmir

The sources said the operation began at around mid-night last night and ended at around 4:30 AM this morning. The terror launch pads targeted were in the range of 2 to 3km from the Line of Control(LoC) and were under surveillance for over one week, the sources said. They said the operation was a combination of heliborne and ground forces.

The announcement of the sudden action by the army was made today by the DGMO Lt Gen Ranbir Singh, 11 days after the terror strike by Pakistan-based terror outfit JeM on an Indian army camp in Uri in Kashmir over which Prime Minister Narendra Modi said the attackers will not go "unpunished" and that the sacrifice of 18 jawans will not go in vain.

"Based on very credible and specific information which we received yesterday that some terrorist teams had positioned themselves at launch pads along the Line of Control with an aim to carry out infiltration and terrorist strikes in Jammu & Kashmir and in various other metros in our country, the Indian army conducted surgical strikes last night at these launch pads." Gen Singh told a news conference during which External affairs ministry spokesman Vikas Swarup was also present. The strikes were carried out across the LoC, he said.

Pakistan, however,dismissed as "fabrication of truth" India's claim that it has conducted a military operation across the LoC to target terrorist launching pads, terming it as a "quest" by India to create media hype by rebranding cross-border fire as surgical strike.

"There has been no surgical strike by India, instead there had been cross border fire initiated and conducted by India which is existential phenomenon," Pakistan army said in a statement in Islamabad.

The announcement of the strikes by the Indian army was made soon after Prime Minister Narendra Modi chaired a meeting of Cabinet Committee on Security(CCS).

Prime Minister Modi informed President Pranab Mukherjee, J and K Chief Minister Mehbooba Mufti and former Premier Mahmohan Singh among others on the surgical strikes.

Details of duration of the surgical strikes or when exactly it was conducted or the places targeted were not immediately given.

Sources said that at least two terror camps were struck during the surgical strikes. Sharing details, Gen Singh said the operations were basically focused to ensure that the terrorists do not succeed in their design of infiltration and carrying out destruction and endangering the lives of citizens of our country.

"During these counter terrorist operations, significant casualties have been caused to the terrorists and those who are trying to support them.

"The operations aimed at neutralizing the terrorists have since ceased. We do not have any plans for continuation of further operations. However the Indian armed forces are fully prepared for any contingency that may arise," he said.

The DGMO said he had spoken to the Pakistani Director General of Military Operations and explained India's concerns and also shared with him details of the operation.

"It is India's intention to maintain peace and tranquility in the region, but we can certainly not allow the terrorists to operate across the Line of Control with impunity and attack the citizens of our country.

"In line with Pakistan's commitment made in January 2004 not to allow its soil or territory under its control for any terrorist activities against India, we expect the Pakistani army to cooperate with us with a view to erase this menace of terrorism from our region."

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Shaan
 - 
Thursday, 29 Sep 2016

56 inch Chest Rocks, right decision by indian army, proud of indian army and thanks to indian (Modi) government for understanding the feelings of people of india. Jai ho, Jai hind, Vande matharam.

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Agencies
March 15,2020

Financially troubled Yes Bank on Saturday reported a standalone net loss of ₹ 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest losses reported by the India Inc.

At present, the private lender is under a moratorium and is controlled by the office of the administrator appointed by the RBI.

The bank had reported a net profit of ₹1,001.85 crore during the corresponding period of the previous financial year.

Besides, the bank's total income fell to Rs 6,268.50 crore from Rs 8,849.81 crore earned during the October-December quarter of the previous fiscal.

On consolidated basis, Yes Bank reported a net loss of ₹18,564.24 crore for the December quarter from a net profit of Rs 1,000.57 crore in the corresponding period of the previous fiscal.

The independent auditor's review report on the consolidated results pointed out that there is a "material uncertainty related to going concern" of the bank.

"The said assumption of going concern is dependent upon the degree of success of the final reconstruction scheme, the quantum of capital infused into the bank and the bank's ability to stabalise its deposit balances post withdrawal of the moratorium by the RBI. Our conclusion is not modified in respect of this matter," the auditor said.

Furthermore, the bank recognised additional loans of ₹ 5,150.2 crore as NPAs and related provisioning requirements of ₹772.5 crore for the quarter ended December 31, 2019.

The bank has recognised an additional provisions of ₹15,422.0 crore in the quarter ended December 31, 2019.

Last week, the RBI placed Yes Bank under moratorium and capped the withdrawal limit at ₹50,000 till next Wednesday.

Additionally, the central bank also superseded Yes Bank's board of directors and appointed former SBI CFO Prashant Kumar as its administrator.

Meanwhile, Kumar has been appointed as the new Chief Executive Officer of the financially troubled lender. He will take over his new responsibilities once the moratorium on the stressed lender is lifted on Wednesday.

Apart from Kumar, Sunil Mehta, former non-executive Chairman of Punjab National Bank, will take over as the non-executive Chairman of Yes Bank.

Other board members include Mahesh Krishnamurthy and Atul Bheda, both as non-executive Directors.

Additionally, six private lenders have joined the SBI to rescue Yes Bank with Federal Bank committing ₹300 crore by subscribing to 30 crore shares of ₹2 each at a premium of ₹8 per equity share.

The six private lenders have now committed an investment of ₹3,700 crore in the cash-strapped private sector bank.

On Friday, ICICI Bank and Housing Development Finance Corporation (HDFC) Ltd had announced that they will be investing ₹1,000 crore each in Yes Bank's equity. Axis Bank and Kotak Mahindra Bank will be investing ₹ 600 crore and ₹500 crore, respectively, while Bandhan Bank will invest ₹300 crore.

The SBI board has already approved up to 49 per cent stake purchase in Yes Bank, as per the RBI's reconstruction scheme for the lender. It had said on Thursday that an investment of ₹7,250 crore would be made in Yes Bank to pick up₹ 725 crore equity shares.

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News Network
March 10,2020

Thiruvananthapuram, Mar 10: Senior Congress leader Shashi Tharoor on monday thanked PM Narendra Modi  for extending birthday wishes to him in malayalam.

"Thank you, Prime Minister Narendra Modi, for this elaborate birthday greeting in shudh sahitya Malayalam! Am touched by your thoughtfulness," Tharoor tweeted with a picture of the letter from Modi.

In another tweet, the Congress MP also posted its translation, that reads,

Tharoor, who is an MP from Thiruvananthapuram, turned 64 on march 9.

Comments

SmR
 - 
Tuesday, 10 Mar 2020

Is he next Scindia waiting to board the BJP ship?

 

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Agencies
March 14,2020

New Delhi, Mar 14: India on Friday was mulling over the option of deporting The Wall Street Journal's South Asia deputy bureau chief for misreporting Delhi riots in which over 50 people were killed last month. However, the government denied that it had made any such decision.

Ministry of External Affairs spokesperson Raveesh Kumar said that a complaint was registered against Eric Bellman, the WSJ South Asia deputy bureau chief based in New Delhi, by a private individual on the government's online grievance redressal platform.

"Referring the complaint to the related office is a routine matter as per standard procedure. No such decision on deportation has been taken by the Ministry of External Affairs," Kumar said.

However, government-funded Prasar Bharati News Services had earlier tweeted screenshots of the complaint which was filed by an undersecretary in the Ministry of External Affairs, Vinesh K Kalra, saying that the ministry has asked the Indian embassy in the US to "look into the request for immediate deportation of Bellman for his "anti-India behaviour".

The official had complained to the embassy about Bellman's controversial reportage on the killing of an Intelligence Bureau staffer named Ankit Sharma.

The WSJ had reported that Ankit Sharma's brother had said that he was killed by a mob belonging to a particular religious community. Ankit's brother later told Indian media that he never spoke to the WSJ reporter.

After the Prasar Bharati tweet got circulated widely on social media, the government backtracked and said that no such decision has been taken.

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