Dalit faculty members threaten to step down from admn posts

January 21, 2016

Hyderabad, Jan 21: Coming out in support of Hyderabad University students who are agitating following suicide by a scholar, dalit faculty members today threatened to step down from administrative positions if their key demand of revocation of suspension of four other students is not met.

dalitThe forum for Scheduled Caste faculty said that some of its members would step down from their administrative positions as a mark of solidarity with the agitating students.

The forum members demanded revocation of suspension of four students who were punished along with research scholar Rohith Vemula over their alleged involvement in assault on an ABVP leader. Rohith committed suicide in his hostel room on Sunday.

"We have taken a decision to lay down all our administrative position which some of our colleagues are holding...we are expecting some kind of decision from the authorities, if not done, we will be forced to do that," Sudhakat Babu, a forum member, said.

Vemula's alleged suicide following his suspension has snowballed into a major row with BJP's rivals wading into it and demanding the removal of Union HRD Minister Smriti Irani and Union minister Bandaru Dattatreya, accusing them of being responsible for the death.

The agitating students are demanding resignation of Dattatreya, removal of Vice Chancellor Appa Rao Podile, Rs five crore compensation to Rohith's family and employment to a member of his family, besides revocation of suspension of four students.

Politicians from various parties continue to throng the campus. Delhi Chief Minister Arvind Kejriwal and CPI General Secretary S Sudhakar Reddy are expected to visit the campus today.

Students have been sitting on an indefinite hunger strike from yesterday as a part of the ongoing agitations.

Meanwhile, Irani yesterday spoke on the issue and accused political rivals of attempting to "instigate" students on the issue and dismissed demands for her resignation.

CPI(M)'s Sitaram Yechury, TMC MP Derek O' Brien and YSR Congress President Y S Jaganmohan Reddy visited the university yesterday and met the agitating students.

Comments

S Ullal
 - 
Thursday, 21 Jan 2016

It looks like CD is becoming a Dalit / Muslim propaganda mouth piece. Get well Soon!!

Abdul
 - 
Thursday, 21 Jan 2016

Very Sad. need to fight until justice.

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March 2,2020

New Delhi, Mar 2: The Supreme Court on Monday dismissed a curative petition filed by convict Pawan Kumar Gupta who was sentenced to death in the 2012 Nirbhaya gang rape and murder case.

A five-judge bench headed by Justice N V Ramana said that no case is made out for re-examining the conviction and the punishment of the convict.

Other members of the bench were justices Arun Mishra, R F Nariman, R Banumathi and Ashok Bhushan.

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News Network
June 20,2020

New Delhi, Jun 20: With the highest single-day increase of 14,516 COVID-19 cases reported in the last 24 hours, India's coronavirus count stood at 3,95,048 on Saturday.

The death toll has gone up to 12,948 in the country with 375 persons succumbing to the infection.

According to the Union Ministry of Health and Family Welfare, the total number of cases includes 1,68,269 active cases, 2,13,831 cured/discharged/migrated and 12,948 deaths.

Maharashtra with 1,24,331 cases continues to be the worst-affected state in the country with 55,665 active cases while 62,773 patients have been cured and discharged in the state so far. The death toll due to COVID-19 stands at 5,893 in the state.

The number of confirmed cases in Tamil Nadu also crossed the 50 thousand mark on Saturday and reached 54,449.

The national capital is the third-worst affected by the infection in the country with the count reaching 53,116 today.

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News Network
June 19,2020

Jun 19: Billionaire Mukesh Ambani on Friday announced that his oil-to-telecom conglomerate Reliance Industries is now net debt-free after raising a record Rs 1.69 lakh crore from global investors and a rights issue in under two months.

Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms Ltd, and another Rs 53,124.20 crore through a rights issue in the past 58 days.

Taken together with last year's sale of 49 per cent stake in fuel retailing venture to BP Plc of UK for Rs 7,000 crore, the total fund raised is in excess of Rs 1.75 lakh crore, the company said in a statement.

Reliance had a net debt of Rs 1,61,035 crore as on March 31, 2020. "With these investments, RIL has become net debt-free," it said.

"I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of March 31, 2021," Ambani said.

Jio Platforms - which houses the country's youngest but largest telecom firm Reliance Jio, raised Rs 1,15,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton and PIF since April 22, 2020.

Saudi Arabian sovereign wealth fund PIF buying 2.32 per cent stake in the unit for Rs 11,367 crore on June 18 "marks the end of Jio Platforms' current phase of induction of financial partners," the statement said.

Alongside, Reliance launched India's biggest right issue, which was subscribed to 1.59 times.

Though the rights issue size was Rs 53,124 crore, the company has got only 25 per cent of the money as the remaining is to be paid only next fiscal.

Ambani had at the company's annual general meeting on August 12, 2019, announced a roadmap for Reliance to become a net debt-free company before March 31, 2021.

"We have a very clear roadmap to becoming a zero net-debt company within the next 18 months that is by March 31, 202," he had said last year highlighting strong interest from strategic and financial investors in consumer businesses, Jio and Reliance Retail.

In the statement on Friday, he said he was both delighted and humbled to announce the fulfillment of the promise.

"Exceeding the expectations of our shareholders and all other stakeholders, again and yet again, is in the very DNA of Reliance," he said.

"Therefore, on the proud occasion of becoming a net debt-free company, I wish to assure them that Reliance in its Golden Decade will set even more ambitious growth goals, and achieve them," he added.

He said over the past few weeks, phenomenal interest was received from the global financial investor community in partnering with Jio.

"As our fundraising milestone from financial investors is achieved, we sincerely thank the marquee group of financial partners and warmly welcome them into Jio Platforms," he said.

"I also express my heartfelt gratitude to all the retail and institutional investors, both domestic and foreign, for their overwhelming participation in our record-setting Rights Issue," he added.

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