Modi inducts indigenous warship INS Kolkata

August 16, 2014

Mumbai, August 16: Terming military might as the biggest deterrent to war, Prime Minister Narendra Modi today said the defence forces will be modernised to ensure that "nobody casts an evil eye" on the nation.ins kolkata

"Fighting a war and winning it has now become less difficult these days. But a modern military, armed with state of the arm weaponry alone is a guarantee against war. When we are capable, no one can dare challenge us," Modi said addressing a gathering after dedicating the largest indigenously built warship INS Kolkata to the nation.

"When people have a sense of our military capability, nobody will ever dare to cast an evil eye on our nation," he said.

Stressing the importance of maritime security in fast expanding global trade and commerce, the Prime Minister said India, with its vast coastline, was playing a major role in it.

"In the coming days, INS Kolkata will inspire confidence to those involved in maritime trade," he said.

Describing the building of the destroyer ship as a big achievement by India's technicians, engineers and defence experts, Modi said the government was committed to modernising the defence forces so "our jawans don't feel they are lagging behind in defending our nation.

"When I dedicate INS Kolkata to the nation, I am confident it will boost our military prowess and give confidence to our soldiers." Defence Minister Arun Jaitley and Chief of the Naval Staff Admiral RK Dhowan were present at the ceremony held at the Naval dockyard.

The warship, constructed by the Mazagon Dockyards Limited, has been designed by Navy's design bureau. The 6,800 tonne warship is a technology demonstrator and will showcase a giant leap in shipbuilding technology in the country.

The Prime Minister had dedicated India's largest warship INS Vikramaditya to the nation in June in his first outing after taking charge. Modi said that the government has taken important decisions in its budget and has given priority to "defence upgrade".

Referring to the decision of allowing 49 per cent FDI in defence, Modi said, "We have to import (military hardware)... Because of this one decision, India can become self-reliant in this sector. Our youth will become innovative and a day will come when India will export in this sector."

INS Kolkata will be a part of the Kolkata Class destroyers of the Indian Navy which will include follow-on ships by the name of INS Kochi and INS Chennai respectively. The keel of the warship was laid down in September 2003 and the ship was launched in 2006. Its original commissioning was planned in 2010 but there were delays.

The ship had also suffered a mishap during the trial phase when a Navy officer lost his life during an incident in the fire-fighting equipment of the vessel.

The Prime Minister, on his day long visit to Maharashtra, will also lay the foundation for a multi-crore SEZ and port connectivity project in Navi Mumbai, dedicate a Powergrid's transmission line and launch multiple road and highway projects in Solapur.

Regarded as the most potent warship to have been constructed in India yet, INS Kolkata measures 164 meters in length, approximately 18 meters in width and has a full load displacement of 7400 tonnes.

The ship has a Combined Gas and Gas (COGAG) propulsion system, consisting of four powerful reversible gas turbines and can attain speeds in excess of 30 knots, a defence release said.

The warship's electric power is provided by four gas turbine generators and one diesel alternator, which together produce 4.5 Mega-Watts of electrical power, enough to light up a small town. It has a complement of 30 officers and 300 sailors.

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News Network
July 21,2020

New Delhi, Jul 21: With a spike of 37,148 cases and 587 deaths reported in India in the last 24 hours, the total number of COVID-19 cases stands at 11,55,191, according to the Union Ministry of Health and Family Welfare.

The total number of cases include 4,02,529 active cases, 7,24,578 cured/discharged/migrated and 28,084 deaths, the ministry informed.

Maharashtra remains the worst affected state with 3,18,695 cases and 12,030 deaths.
The second worst-hit state, Tamil Nadu has reported 1,75,678 COVID-19 cases so far while Delhi has reported 1,23,747 cases, according to the Health Ministry.

Meanwhile, as per the information provided by the Indian Council of Medical Research (ICMR), 1,43,81,303 samples have been tested for COVID-19 up to July 20. Of these 3,33,395 were tested yesterday.

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Agencies
March 14,2020

New Delhi, Mar 14: The number of novel coronavirus cases in India rose to 83 on Saturday, which includes one death each from Delhi and Karnataka, the Union Health Ministry said.

While a 76-year-old man from Kalaburagi who had recently returned from Saudi Arabia died on Thursday, a 68-year-old woman in Delhi who had tested positive for coronavirus passed away at Ram Manohar Lohia (RML) Hospital on Friday night.

The woman, whose son with a travel history abroad had tested positive, died because of co-morbidity (diabetes and hypertension), the Health Ministry said, adding that she had tested positive for COVID-19.

Delhi has reported seven positive cases and Uttar Pradesh 11 so far. Karnataka has six coronavirus patients while Maharashtra has 14 and Ladakh three.

Besides, Rajasthan, Tamil Nadu, Jammu and Kashmir, Andhra Pradesh and Punjab have reported one case each. Telangana has reported two.

Kerala has recorded 19 cases, including three patients who were discharged last month after they recovered from the contagious infection with flu-like symptoms.

The total number of 84 confirmed cases includes 17 foreigners -- 16 Italian tourists and a Canadian, the ministry officials said.

Amid rising coronavirus cases in India, the government has asked people not to panic, saying no community transmission of the virus has been observed and there has only been a few cases of local transmission so far and that is "not a health emergency" in India at present.

With the World Health Organisation (WHO) declaring COVID-19 a pandemic, a Health Ministry official said over 4,000 people who had come in contact with the 83 positive cases have been identified through contract tracing and were being tracked while 42,000 people across the country are under community surveillance.

He said all essential facilities like community surveillance, quarantine, isolation wards, adequate personal protective equipment (PPEs), trained manpower, rapid response teams are being strengthened further in all the states and union territories.

The Centre as part of its measures to contain the spread of the disease on Friday announced that people will be allowed to travel through 19 of 37 land border checkposts from Saturday midnight and services of the Indo-Bangladesh cross border passenger trains and buses will continue to remain suspended till April 15.

Only four Indo-Nepal border checkposts will remain operational, and for citizens of Bhutan and Nepal visa-free entry to the country will continue, Home Ministry Additional Secretary Anil Malik had said.

He said the decision on closing the Kartarpur Corridor is under consideration

The government on Wednesday suspended all visas, barring a few categories like diplomatic and employment, in an attempt to prevent the spread of coronavirus.

It has asked Indian nationals to avoid all non-essential travel abroad.

All incoming international passengers returning to India should self-monitor their health and follow the required do's and dont's as detailed by the government.

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News Network
July 23,2020

New Delhi, Jul 23: Riding high on foreign investors buying stakes in Jio Platforms, Reliance Industries Ltd Chairman Mukesh Ambani became the world’s fifth-richest person Wednesday, edging past American investor Warren Buffett on the real-time ranking of billionaires by Forbes. With an estimated wealth of $75 billion, Ambani is only next to Facebook co-founder and CEO Mark Zuckerberg, whose wealth is pegged at $89 billion.

Buffet had slipped down the rankings after donating more than $37 billion of Berkshire Hathaway Inc. stock since 2006 to charity. Berkshire Hathaway’s stock performance has also underwhelmed recently.

Amazon founder and CEO Jeff Bezos still sits at top in the richest list, with a net worth of $185.8 billion. He is followed by Microsoft co-founder Bill Gates with net worth of $113.1 billion and luxury group LVMH Moet Hennessy Louis Vuitton’s chief Bernard Arnault, with a net worth of $112 billion. Facebook CEO Mark Zuckerberg is at the fourth position in the Forbes list.

Shares of Ambani’s conglomerate have more than doubled since a low in March as its digital unit got more than $15 billion in investments from companies including Facebook Inc, Silver Lake, Intel, and most recently, Google. The US tech giant has committed a capital infusion of Rs 33,737 crore for a 7.7 per cent stake on Jio Platforms.

The total investment from financial and strategic investors into Jio Platforms stands at Rs 1,52,056 crore. RIL has raised a total of Rs 2,12,809 crore through a rights issue, the combined investments in Jio Platforms and investment by BP.

During the Reliance AGM last week, Ambani had said RIL has made its net-debt free ahead of a March 2021 target due to recent investments. Ambani said Jio has designed and developed a complete 5G solution that’s ready for launch as soon as spectrum is made available next year.

Jio and Google have also entered into a commercial agreement to jointly develop an entry-level affordable smartphone with optimisations to the Android operating system and the Play Store, Ambani said.

RILs market value jumped to Rs 12.7 lakh crore or $170 billion on Monday, making it the 51st most valued company in the world. Between April 1 and July 13, RIL has gained $81 billion in market capitalisation and has climbed 47 places from being the 98th most valued company on April 1 to 51st most value company now.

The share price of RIL has risen by 120 per cent over the last four months for Rs 883 per share on March 23, 2020 to Rs 1,939 on Monday. Since April 22, when Facebook Inc announced an investment of Rs 43,574 crore in Jio Platforms for 9.99 per cent equity stake, Jio Platforms has announced investments by 12 other investors. The total investment by these 13 investors over the last 12-weeks amounted to Rs 118,318 crore.

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