Don’t interfere in Kashmir, stop ‘eyeing’ Punjab: Amarinder Singh warns Pakistan

News Network
November 10, 2019

Gurdaspur, Nov 10: Before he left for Kartarpur on Saturday, Punjab Chief Minister Amarinder Singh warned Pakistan against interfering in Kashmir and to stop “eyeing” Punjab, and said it won’t succeed in its “nefarious designs”.

Singh also said he hoped Pakistan would understand that India wants friendly relations with it.

The Punjab chief minister was part of the first batch of over 550 Indian pilgrims that entered Pakistan through the Kartarpur corridor, which was thrown open days ahead of the 550th birth anniversary of Sikhism founder Guru Nanak Dev on November 12.

The corridor links Gurdwara Darbar Sahib in Pakistan, the final resting place of Guru Nanak Dev, to Dera Baba Nanak shrine in Punjab’s Gurdaspur.

Singh said he had repeatedly asked Pakistan to desist from its “nefarious” activities.

“In Kashmir, they are taking up cudgels against our forces and now they have an eye on Punjab. I have told them many times to desist from such things, Punjabis will not tolerate such things. You will not succeed in your nefarious designs either in Kashmir or in Punjab.

“Punjabis are brave, we are not wearing bangles that you can do whatever and try to foment trouble,” the Punjab chief minister said.

He was addressing a gathering at Shikhaar Masiahan near here in the presence of Prime Minister Narendra Modi, who inaugurated the Kartarpur corridor on the Indian side.

Singh said Pakistan should concentrate on development, building schools, improving roads and providing clean drinking water to its people.

He wondered aloud what Pakistan will gain by harbouring enmity.

“I hope that they (Pakistan) understand that our country wants friendship with them. I have spoken to the prime minister (Narendra Modi) many times and he too wishes that peace should prevail and the two nations should come close,” he said.

The chief minister called upon the people to follow the path shown by Guru Nanak Dev.

On the opening of the Kartarpur corridor, Singh said he was blessed and privileged to witness the historic day.

“‘Khulle darshan deedar’ (unhindered access) of Kartarpur Sahib has been a cherished dream of every Sikh and it has become a reality today. I am truly fortunate to have this chance to be a part of the jatha and bow my head in the land of my beloved guru,” he said.

“For the last 70 years, every Sikh used to pray for ‘khulle darshan’. In 1947, when India was partitioned, Punjab was divided into two parts and some of our religious shrines remained there (in Pakistan).

“I have had the opportunity to go to Gurdwara Nankana Sahib twice, but for the first time I will be visiting the gurdwara at Kartarpur Sahib. I really wished that I could go there and today the prime minister has fulfilled my wish. I am thankful to the PM for this. Entire Punjab and the Sikh community are happy,” he said.

Later, in a tweet, Singh dubbed the Kartarpur corridor as a “historic” people-to-people initiative which offered a “glimmer of hope for the two countries”.

The Punjab chief minister also touched upon the stubble burning issue and called on people to protect the environment.

“Our water is getting scarce and experts say if we don’t conserve it, Punjab will turn into a desert in another 25 years. We have to ponder over this. If we think about this today, only then can we save our future and our coming generations,” he said.

Earlier, Shiromani Gurdwara Parbandhak Committee (SGPC) chief Gobind Singh Longowal said the opening of the Kartarpur corridor was a long-pending demand of the Sikh community and the Centre had given it a gift.

Speaking on the occasion, former Punjab chief minister Parkash Singh Badal said opening of the corridor was a matter of great happiness.

He said the area should be developed as the biggest centre of religious tourism.

Badal credited Modi with fulfilling the Sikh community’s demand.

“He (PM Modi) has a special bond with Punjab. Be it any issue of Punjab, religious, economic or political, he tries to find a solution,” he said.

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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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Agencies
July 15,2020

Mumbai, Jul 15: In a mega investment announcement, Reliance Industries (RIL) Chairman Mukesh Ambani on Wednesday said that Google will invest ₹ 33,737 crore in Jio Platforms for an equity stake of 7.73%.

Google is investing at an equity valuation of ₹ 4.36 lakh crore, said an RIL regulatory filing.

"Jio Platforms Limited, a subsidiary of the Company, today signed binding agreements with Google International LLC pursuant to which Google would invest ₹ 33,737 crore for a 7.73 % equity stake in Jio Platforms Limited on a fully-diluted basis. Google is investing at an equity valuation of ₹ 4.36 lakh crore," it said.

The transaction is subject to customary regulatory approvals.

Speaking at the Annual General Meeting of RIL, Ambani said that he looks forward to working with investors in Jio Platforms in a collaborative way.

Making another major announcement, the RIL Chairman said that Jio has designed a complete 5G solution and it will be available for trials as soon as spectrum is available.

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News Network
April 20,2020

Thiruvananthapuram, Apr 20: The Kerala health department has declared 88 local bodies including the corporation, municipality and panchayats, spread over 14 districts in the state as COVID-19 hotspots.

"The lockdown restrictions in these areas will be continued in the hotspots announced by the state health department," said state DGP Lokanath Behera in a statement.

"Hot spots are being announced based on COVID-19 positive cases, primary contacts and secondary contacts. As the outbreak of the disease increases, hot spots will be revised daily," said State Health Minister KK Shailaja.

However, the Minister said that a particular region will be excluded from the hot spot after a weekly data analysis.

District wise hot spots in the state - Thiruvananthapuram (3) including Thiruvananthapuram Corporation, Kollam (5), Alappuzha (3), Pathanamthitta (7), Kottayam District (1), Idukki (6), Ernakulam (2), Thrissur (3), Palakkad (4), Malappuram (13), Kozhikode (6), Wayanad (2), Kannur (19) and Kasaragod (14).

In Kerala, 400 people have detected positive for coronavirus, including 3 deaths, as per the Union Health Minister.

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