JNU rusticates Umar Khalid, 2 others; Rs 10,000 fine on Kanhaiya

April 25, 2016

New Delhi, Apr 25: The JNU today rusticated Umar Khalid and two other students for varying duration and imposed a fine of Rs 10,000 on Kanhaiya Kumar in connection with the February 9 event on the campus against Afzal Guru's hanging.

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Umar was rusticated for one semester, another student leader Anirban Bhattacharya till July 15 and Mujeeb Gattoo for two semesters. As per decision, Bhattacharya has been barred from pursuing any course in JNU for next 5 years.

JNU students union president Kanhaiya, Umar and Anirban were arrested on charges of sedition in February in connection with the controversial event and are out on bail. Their arrest had triggered widespread protests.

The campus has been made out of bounds for two former students -- Banojyotsana Lahiri and Draupadi -- while hostel facilities have been withdrawn for Ashutosh Kumar for a year and Komal Mohite till July 21.

A high-level committee constituted by the university to probe the February 9 event found ABVP member Saurabh Sharma, who had objected to the event, "guilty" of blocking traffic on the day of the event and penalised him with Rs 20,000.

Surprisingly, Aishwarya Adhikari, whose name was not mentioned in the report, has also been imposed the same penalty.

"Based on the report of the high-level committee which arrived at its conclusion based on depositions, perusal of video clips (provided by JNU Security and authenticated by forensic tests), and examination of documents on record, the university has decided to rusticate three students," a senior university official told PTI.

"While Anirban Bhattacharya has been rusticated till 15 July, he will not be able to pursue any course or participate in any activity on campus for next five years, Umar Khalid has been rusticated for one semester and Mujeeb Gattoo for two semesters," the official said.

He said financial penalty has been imposed on 14 students including Kanhaiya who has been penalised with Rs 10,000.

While Umar and Anirban were found guilty of triggering communal violence and disrupting communal harmony on campus, Mujeeb was found guilty of participating in the sloganeering.

The report of the five-member panel had also pointed out lapses on part of administration and taken into account the role of outsiders into the event. However, no action has been taken against any administrative official.

"As per the committee findings, application for holding this event 'circumvented' the 'permission process' and 'the organisers disobeyed the instructions from the administration' not to hold it and that amounted to 'willful defiance'," the JNU official said.

He said disciplinary measures have been taken for not following university procedures, providing misinformation to the university, misconduct and indiscipline, causing and colluding in the unauthorised entry of any person into the campus, putting up objectionable posters, arousing communal, caste or regional feelings and creating disharmony, blockade or forceful prevention of any normal movement of traffic and violation of security, safety rules notified by the university.

Based on the preliminary report of the committee, the university had suspended eight students, however, their suspension was revoked when the panel had submitted it report on March 11.

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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
April 27,2020

New Delhi, Apr 27: A private hospital here claimed that a coronavirus patient, who was administered plasma therapy for the first time in the facility, was discharged on Sunday after being completely cured.

The 49-year-old man had tested positive for COVID-19 on April 4 and was admitted to Max Hospital, Saket, it said in a statement.

As his condition deteriorated, he was put on ventilator support on April 8, the hospital added.

When the patient showed no signs of improvement, his family requested for administration of plasma therapy on compassionate grounds, it said, adding that the family arranged a donor for extracting plasma.

The patient was administered fresh plasma as a treatment modality as a side-line to standard treatment protocols on the night of April 14, the statement said.

Subsequently, the patient showed improvement and by the fourth day, was weaned off ventilator support and continued on supplementary oxygen. He was shifted to a room with round-the-clock monitoring on Monday after testing negative twice within 24 hours, it said.

He has now fully recovered and was discharged, the hospital said, adding that he will stay at home for another two weeks.

Group medical director of Max Healthcare and senior director of the Institute of Internal Medicine Dr Sandeep Budhiraja said, "We can say that plasma therapy could have worked as a catalyst in speeding up his recovery. We cannot attribute 100 per cent recovery to plasma therapy only, as there are multiple factors which carved his path to recovery."

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Agencies
April 14,2020

Mumbai, Apr 14: Activist and scholar Anand Teltumbde was arrested by the National Investigation Agency (NIA) on Tuesday after he surrendered before it in connection with the Elgar Parishad-Maoist links case.

Teltumbde surrendered at the NIA office at Cumbala Hill in south Mumbai following the Supreme Court's directives.

He was subsequently arrested by the NIA and shall be produced before a court here shortly, an official said.

Earlier, the scholar reached the NIA office in the afternoon along with his wife Rama Teltumbde and brother-in- law and Dalit leader Prakash Ambedkar.

Anand Teltumbde is the grandson-in-law of Dalit icon Dr B R Ambedkar, whose 129th birth anniversary is being observed on Tuesday.

Civil rights activist Gautam Navlakha, a co-accused in the case, also surrendered before the NIA in Delhi. His anticipatory bail plea was also rejected by the apex court.

According to the official, Navlakha will be produced before the court in Mumbai through video conference.

The Supreme Court on March 17 this year rejected the pre-arrest bail pleas of Anand Teltumbde and Gautam Navlakha, and directed them to surrender before the investigating agency.

Teltumbde, Navlakha and nine other civil liberties activists have been booked under the stringent provisions of Unlawful Activities Prevention Act (UAPA) for having alleged Maoist links and conspiring the overthrow the government.

The apex court while rejecting Teltumbde and Navlakha's bail pleas on March 17, directed them to surrender before the prosecuting agency withing a period of three weeks.

The duo later sought extension of the time.

On April 9, the Supreme Court extended the time by one week by way of last chance.

The activists were booked initially by Pune Police following violence that erupted at Koregaon-Bhima there.

According to police, the activists made inflammatory speeches and provocative statements at the Elgar Parishad meet held in Pune on December 31, 2017, which triggered violence the next day.

The police also said these activists were active members of banned Maoist groups.

The case was later transferred to NIA. Teltumbde and Navlakha were given interim protection by the Bombay High Court while their pre-arrest bail pleas were being heard.

After the high court rejected their applications, the duo approached the Supreme Court.

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