Muzaffarnagar, Dec 7: Jumping the queue in times of demonetisation may land you in jail. A man in the district found this out after he was arrested for trying to enter an SBI ATM in civil lines area here out of turn.
Police said there was a long queue outside the ATM last evening. Some people jumped the queue and tried to enter the kiosk.
An altercation ensued and police were called in, following which Wasim (25) was arrested and sent to jail.
Shivamogga, Aug 9: Minister of State for Railways Suresh Angadi on Saturday virtually inaugurated Malgudi Museum at Arasalu in Karantaka's Shivamogga.
The old station building at Arasalu has been converted into museum.
BJP MP from Shivamogga BY Raghavendra said that the old station building at Arasalu has been renovated keeping with 'Malgudi' theme in mind.
"It is a tribute to the makers of the popular television serial 'Malgudi Days' as the station features predominantly in the episodes which broadcast on Doordarshan in the 1980s," he said.
The museum has been designed by a famous artist John Devraj, who was the part of the serial Malgudi Days. The Mysore Divisional Railway funded the museum.
"The approach road and station area wear a new transformed look. The innovative idea of having a tea-shop in a narrow gauge coach at Arasalu station adds charm to the green surroundings," the MP said.
"Popular and internationally acclaimed serial Malgudi Days was shot here in Arasalu. The SWR Mysore division manager Aparna Garg helped to transform the station to fictional village Malgudi," he added.
The museum is about 30 km from Shivamogga city. It has steam engines and bogies besides collections of photographs hanging on the wall taken during the time of shooting for Malgudi Days.
Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.
"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.
It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.
Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.
Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.
NMC recently revised its debt position to $6.6 billion, well above earlier estimates.
London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.
"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.
The United States of America has bought almost the entire world's supply of remdesivir, one of just two drugs proven to treat COVID-19.
“President Trump has struck an amazing deal to ensure Americans have access to the first authorised therapeutic for Covid-19,” said the US health and human services secretary, Alex Azar.
“To the extent possible, we want to ensure that any American patient who needs remdesivir can get it. The Trump administration is doing everything in our power to learn more about life-saving therapeutics for Covid-19 and secure access to these options for the American people.”
The announcement implies that no other country in the world will be able to buy remdesivir for next three months at least.
The anti-viral drug patented by the US-based Gilead biotech firm is the only one approved by the European Medicines Agency (EMA) to treat patients with the novel coronavirus.
The Trump administration has already shown that it is prepared to outbid and outmanoeuvre all other countries to secure the medical supplies it needs for the US.
“They’ve got access to most of the drug supply [of remdesivir], so there’s nothing for Europe,” said Dr Andrew Hill, senior visiting research fellow at Liverpool University.
Remdesivir, the first drug approved by licensing authorities in the US to treat Covid-19, is made by Gilead and has been shown to help people recover faster from the disease.
The first 140,000 doses, supplied to drug trials around the world, have been used up. The Trump administration has now bought more than 500,000 doses, which is all of Gilead’s production for July and 90% of August and September.
Comments
This is a tragedy, did he deserve for this arrest and also did everyone of those standing on line deserve to stand over there. This is all because of disorganized way of demonitization program....the PM will suffer for it....last time his mother just went up to cashier and encashed her money....hypocrisy.....
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