NR Madhava Menon passes away at 84

News Network
May 8, 2019

Thiruvananthapuram, May 8: Renowned academician and father of modern Indian legal education Prof NR Madhava Menon died early Wednesday.

The 84-year old Menon died of age-related ailment at a private hospital here.

He is survived by his wife Rama Devi and son Ramesh Menon. The cremation will take place at Santhi Kavadam here this evening.

Menon was the founder Director of the National Law School of India University (NLSIU) and the National Judicial Academy, Bhopal, and the founder Vice Chancellor of the West Bengal National University of Juridical Sciences (NUJS).

Menon was honored by Padma Award in 2003. He started his career in 1955 and began practice in Kerala High Court in 1956.

He was the first PhD of Faculty of Law, Aligarh Muslim University. He also served as a professor in University of Delhi.

He was also a member of the Delhi University panel which liaised with universities from the United States such as Harvard, Columbia, Michigan and Yale. 

He served as a member of the Committee for Implementing Legal Aid Schemes (CILAS), which was formed under the chairmanship of V. R. Krishna Iyer, by the Indira Gandhi government, in connection with the Garibi Hatao programme.

In 1998, Menon was invited by the West Bengal Government to set up the West Bengal National University of Juridical Sciences (NUJS). 

As the first vice-chancellor, he is known to have developed its infrastructure and educational curriculum and held the post till 2003, when the Supreme Court of India asked him to take over the responsibility as the first director of the newly formed National Judicial Academy a training centre for judges where he worked till his retirement in 2006.

After the retirement, Menon was appointed by the Union Government as a member of the Commission on Centre-State Relations, a position he held till 2010.

He has also served as the Chairman of the Indian Statistical Institute, Kolkata, and later, as the Chairman of the Centre for Development Studies (CDS), Thiruvananthapuram. 

He was a former member of Law Commission of India and has been a member of the Committee on Restructuring of Higher Education in India as well as the Criminal Justice Reform committee.

Menon was a former member of the Board of Governors of the International Organization of Judicial Trainers (IOJT).

Kerala Governor Justice P Sathasivam condoled the demise of Menon.

In a message, the Governor said "I am deeply saddened by the demise of Prof N R Madhava Menon, whose insightful ideas modernised legal education in India. As an authority on legal and constitutional matters, he used his limitless erudition to build world class institutions and to enlighten generations of students."

"May his soul rest in peace," the Governor added.

Later, the Governor visited the house of Menon here and paid his last respect to the departed soul. 

Union Finance Minister Arun Jaitley, who is also an advocate, mourned the demise of his mentor and said he had the privilege of being taught by him.

“Saddened by the demise of Prof NR Madhava Menon, a legal educator, scholar & jurist. He pioneered five year legal education & law schools in India. I had the privilege of being taught by him. My thoughts are with his family & students. May God render peace to the departed soul,” he tweeted.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 1,2020

Jun 1: Gold prices rose on Monday as riots in major U.S. cities rattled investors already reeling from strained Sino-U.S. relations and boosted demand for the safe-haven metal, with a weaker dollar lending further support.

Spot gold gained 0.8% to $1,739.75 per ounce by 0242 GMT. U.S. gold futures ticked up 0.1% to $1,752.60.

"Concerns about the unrest in the United States at the moment appear to be weighing on market sentiment," said Michael McCarthy, chief strategist at CMC Markets, adding that rising tensions between the world's top two economies provided further support to gold.

Protesters have flooded the streets in the United States over the death of George Floyd in police custody, in a wave of outrage sweeping a politically and racially divided nation.

The closely packed crowds and demonstrators not wearing masks have sparked fears of a resurgence of COVID-19, which has killed more than 101,000 Americans.

In Asia, China's state media and the government of Hong Kong lashed out on Sunday at U.S. President Donald Trump's pledge to end Hong Kong's special status if Beijing imposes new national security laws on the city.

Gold is often used as a safe store of value during times of political and financial uncertainty.

Indicative of sentiment, holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.3% to 1,123.14 tonnes on Friday, a fresh seven-year high.

Further supporting gold's appeal, the dollar index fell 0.4% against its rivals.

Elsewhere, silver jumped 2% to $18.20 per ounce, its highest since Feb. 26, before retreating slightly to trade 1.8% higher at $18.16.

Speculators cut their bullish positions in COMEX gold and increased them in silver contracts in the week to May 26, the U.S. Commodity Futures Trading Commission said on Friday.

Palladium rose 0.7% to $1,958.25 per ounce, while platinum declined 0.3% to $835.56.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
August 8,2020

Kozhikode, Aug 8: Minister of State (Mos) for External Affairs V Muraleedharan on Saturday reached Kozhikode where Air India Express flight (IX-1344) crash-landed yesterday. 

He is likely to meet those injured in the crash and their family members.

At least 17 people including two pilots have lost their lives in the incident. However, the four-cabin crew members are safe, said the Air India Express in a statement. 

The injured are admitted to hospitals in Malappuram and Kozhikode, as per the state government officials.

Informing about his visit to Kozhikode, Muraleedharan tweeted: "Taking off to #Calicut by @airindiain
special flight. Hope to visit the crash site at the Calicut Airport and also meet those injured in the crash and their family members."

Muraleedharan on Friday expressed grief after an Air India Express plane carrying 190 passengers including 10 infants skidded while landing at Karipur Airport in Kozhikode.

"Deeply anguished to hear about the mishap in Calicut airport involving the flight from Dubai to Calicut. Was informed that the plane overshot the runway and seemingly nosedived," the Minister tweeted.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Networkwork
May 14,2020

Bengaluru, May 14: ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.

In Q1 CY19, it had reported a profit after tax of Rs 89 crore. ABB India follows calendar year as its fiscal year.

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business during the quarter.

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic. This impact primarily occurred in March, the company said in a statement.

ABB India said it continues to maintain a stable cash position of Rs 1,464 crore as on March 31 in a market where cash collection continues to be a challenge.

Besides, despite many activities coming to a standstill in March, the quarter was marked by commissioning for a mining major at Raigarh in Chhattisgarh, electrical and automation systems for a cement major and port and electrics, drives and automation for a leading mill in Bangladesh.

Terminal installation and commissioning for LPG, power management electrical control system for a leading refinery and commissioning of two units of a power plant in Kerala are some of the other projects where ABB's involvement ensured continuity and safe operations, it said.

On a global scale, the impact of COVID-19, as well as the fall in oil prices, has significantly impacted the short-term outlook. The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the pandemic.

Despite unprecedented stimuli by governments and central banks around the world and initial signs of recovering economic activity in China, macro-indicators point to a global recession of uncertain duration as many countries continue to face restrictions with anticipated long-term economic consequences, said ABB India.

While the company is taking prompt action to adapt its operations and cost base to safeguard profitability, it expects the results in the coming quarter to be impacted due to the loss of volumes.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.