Abdul Kalam's body flown to Delhi, PM Modi to receive his body at airport

July 28, 2015

Guwahati, Jul 28: The body of former President APJ Abdul Kalam, who died in Shillong last evening, was carried to New Delhi early this morning by a special aircraft from here, as senior leaders and a host of officials joined in paying tribute to the country's 'missile man'.

kalamLast respects were paid to the late former President at the tarmac of the Lokapriya Gopinath Borodoloi International Airport after his body was brought to Guwahati from Shillong by an Air Force helicopter at around 6:15 am.

Meghalaya Governor V Shanmughanathan travelled alongside as the body was ferried to Guwahati and later paid floral tributes to the Bharat Ratna. Assam Chief Minister Tarun Gogoi led the state in paying respect to Kalam, calling Kalam's death an "irreparable loss" to the nation.

"It is an irreparable loss to the nation. He loved children, he loved the nation. I have met him many times. I took him to rural areas of Assam. He was a very simple and honest man. Along with India, entire state is mourning his death," Gogoi said.Kalam was one of the most popular faces of the country and he was "young in spirit till his last moment", he said.

Former Chief Minister Prafulla Kumar Mahanta also paid his respect to Kalam, the 'people's President'. Host of senior Assam government officials, including Chief Secretary V K Pipersenia, DGP Khagen Sarma, Additional Chief Secretary MGVK Bhanu, Home

Commissiner LS Changsan and Guwahati Police Commissioner Mukesh Agrawal too joined in paying rich tribute to the late former President. Many senior officials from the Army and Air Force were present on the occasion and also paid their respect to the 'missile man' of the country.

Assam Pradesh Congress Committee President Anjan Dutta and other senior party leaders were also present and paid their respects. After keeping it for about an hour and fifteen minutes at Guwahati, the body of Kalam was then flown to the national capital in the special aircraft of the Indian Air Force.

Kalam, who would have turned 84 in October died after suffering a massive cardiac arrest during a lecture at the IIM Shillong yesterday.

He was confirmed dead more than two hours after he was wheeled into the ICU of

Bethany Hospital in a critical condition following the collapse at around 6.30 PM.

The body of the late former president was shifted from Bethania Hospital, where he breathed his last, to the Military Hospital in Shillong, Defence Public Relations Officer Amit Mahajan said.

The Union Cabinet is to hold a special meeting in New Delhi today to condole his death. The date, place and time of his funeral would also be decided today.

The government has announced a seven-day state morning in honour of Kalam, who became affectionately known as the 'people's President.

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News Network
February 11,2020

New Delhi, Feb 11: AAP leader Sanjay Singh on Tuesday said his party will register a "massive win" in the high-stakes Delhi Assembly election, counting for which began amid tight security at various centres set up to carry out the exercise.

Initial trends suggested the ruling Aam Aadmi Party marching ahead, but the Bharatiya Janata Party leaders maintained that their party would win.

The counting began at 8 am and will be held in multiple rounds, Delhi Chief Electoral Officer Ranbir Singh said.

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Agencies
February 11,2020

New Delhi, Feb 11: Delhi BJP chief Manoj Tiwari on Tuesday said the party will review why it failed to meet its own expectations in the Assembly polls and saw a moral victory in the fact that the party's vote share has increased since 2015.

"Delhi must have given mandate after careful thinking. Our vote percentage has increased from 32 per cent to around 38 per cent. Delhi did not reject us and the increase (in vote share) is a good sign for us," he told reporters.

He said the BJP hopes that there would be less blame game and more work in the national capital and congratulated Arvind Kejriwal on his party's victory in the polls.

After winning the Patparganj seat, AAP senior leader Manish Sisodia accused the BJP of indulging in the politics of hate.

"We indulge in politics of development not politics of hate. We're against the roadblock in Shaheen Bagh as we were earlier," he said.

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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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