PM Modi arrives in UK for bilateral meetings, CHOGM

Agencies
April 18, 2018

London, Apr 18: Prime Minister Narendra Modi arrived in the UK today for a four-day visit of bilateral engagements as well as multilateral discussions as part of the Commonwealth Heads of Government Meeting (CHOGM).

UK Foreign Secretary Boris Johnson received Modi at the Heathrow airport here.

Johnson said he was "excited" about the growing India-UK bilateral trade and that the visit will help build on "huge economic advantages".

"..thanks to our shared history, we have a living bridge between us… and now we want to build on the incredible tech sector where both India and the UK are making giant strides together," Johnson said in a statement.

Modi is set for a packed day of official engagements today, starting with his bilateral meeting with British Prime Minister Theresa May at 10 Downing Street.

The two leaders are expected to discuss a wide range of issues of mutual interest, including separatism, cross-border terrorism, visas and immigration.

A memorandum of understanding (MoU) on the return of illegal immigrants, which had expired in 2014, will be officially renewed to take into account biometric and other developments in the field, along with a range of nearly a dozen MoUs across different sectors.

Modi will then head to the Science Museum in London to visit the '5000 Years of Science and Innovation' exhibition where he will interact with Indian-origin and other scientists and innovators based in the UK.

The event, hosted by Prince Charles, will include the launch of a new Ayurvedic Centre of Excellence, aimed at creating a first-of-its-kind global network for evidence-based research on yoga and Ayurveda.

A brief stop to garland the Basaveshwara statue -- which Modi had inaugurated during his last visit to the UK in 2015 -- on the banks of the river Thames will then be followed by his second meeting with May at an event hosted by the British prime minister at the Francis Crick Institute.

After an interaction with Indian-origin scientists working on cancer research, malaria and other tropical diseases, both leaders will initiate the India-UK CEOs Forum.

Modi is then scheduled for a private audience with Queen Elizabeth II at Buckingham Palace before the 'Bharat Ki Baat, Sabke Saath' diaspora event, to be telecast live from the iconic Central Hall Westminster in London today.

The event billed as the centrepiece of the 'Living Bridge' theme of the India-UK bilateral visit, will involve Modi addressing questions from across the world which have already been received via social media.

At the end of the live telecast, he will join Heads of Government from 52 other Commonwealth countries at a dinner hosted by the British prime minister as a formal welcome to CHOGM.

This will be followed by the executive session of the heads in London tomorrow before they head to Windsor for the CHOGM retreat, where the world leaders will interact on an informal basis.

This will conclude Modi's UK visit after which he will leave for India.

According to official estimates, the India-UK bilateral trade stands at USD 13 billion, with the UK among the largest G20 investors in India.

Modi's visit will have a particular focus on the India-UK technological partnership as well as an enhanced role in the Commonwealth.

"India's engagement is absolutely brilliant… there is a recognition that the Commonwealth offers a great opportunity for India and within that opportunity lies an opportunity for the rest of the Commonwealth," says Lord Marland, chairman of the Commonwealth Enterprise and Investment Council (CWEIC).

An Indian prime minister will attend the Commonwealth summit, which is held every two years, after a hiatus of nearly a decade, having last attended the 2009 CHOGM in Trinidad and Tobago.

The Indian government has said that Modi's attendance at the summit this year symbolises the country's wider efforts to step up its role across global forums. This stepped-up engagement is likely to take the form of increased activity within the Commonwealth, including greater resources and manpower as well as financial contributions.

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ali
 - 
Wednesday, 18 Apr 2018

feku in uk and daaku in karnataka.

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News Network
June 23,2020

New Delhi, Jun 23: The meeting between Indian Army's 14 Corps Commander Lt Gen Harinder Singh and his Chinese counterpart got over after around 11 hours, sources said.

"Today's meeting between the Corps Commander-level officers of India and China is over. The meeting which started at 11:30 am went on for around 11 hours. More details awaited," sources said.

The meeting started at around 11:30 am at Moldo on the Chinese side of Line of Actual Control (LAC) opposite Chushul to defuse the tensions in Eastern Ladakh sector due to Chinese military build-up, the sources said.

This is the second meeting between the two corps commanders. They had met on June 6 and had agreed to disengage at multiple locations. India had asked the Chinese side to go back to pre-May 4 military positions along the LAC.

The Chinese side had not given any response to the Indian proposal and not even shown intent on the ground to withdraw troops from rear positions where they have amassed over 10,000 troops.

India is also likely to discuss the change in rules of engagement on the LAC where the forces have been empowered to use firearms in extraordinary circumstances, sources had said.

They said India will also ask China to honour the commitment given during June 6 talks to disengage in the Galwan valley completely and other places.

The build-up of Chinese air assets including strategic bombers by the PLA Air Force in fields near Indian territory close to Ladakh is also likely to figure in discussions.

India and China have been involved in talks to ease the ongoing border tensions since last month.

However, last week as many as 20 Indian soldiers lost their lives in the face-off in the Galwan Valley after an attempt by the Chinese troops to unilaterally change the status quo during the de-escalation in eastern Ladakh.

The Indian intercepts have revealed that the Chinese side suffered 43 casualties including dead and seriously injured in the violent clash.

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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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News Network
January 31,2020

New Delhi, Jan 31: The Supreme Court Friday dismissed the plea filed by one of the four death row convicts in the Nirbhaya gang-rape and murder case, Pawan Gupta, seeking review of its order rejecting his juvenility claim.

The review plea filed earlier in the day was taken up for consideration in-chamber by a bench comprising Justices R Banumathi, Ashok Bhushan and A S Bopanna. 

On January 20, the apex court had rejected the plea by Pawan who had challenged the Delhi High Court's order dismissing his juvenility claim.

Advocate A P Singh, who is representing Pawan in the case, said he filed a petition on his behalf seeking review of the top court's January 20 order on Friday.

While dismissing the plea, the top court had said there was no ground to interfere with the high court order that rejected Pawan's plea and his claim was rightly rejected by the trial court as also the high court.

It had said the matter was raised earlier in the review petition before the apex court which rejected plea of juvenility taken by Pawan and another co-accused Vinay Kumar Sharma and that order has attained finality.

Singh had argued that as per his school leaving certificate, he was a minor at the time of the offence and none of the courts, including trial court and high court, ever considered his documents.

Solicitor General Tushar Mehta, appearing for the Delhi Police, had said Pawan's claim of juvenility was considered at each and every judicial forum and it will be a travesty of justice if the convict is allowed to raise the claim of juvenility repeatedly and at this point of time.

The trial court on January 17 issued black warrants for the second time for the execution of all the four convicts in the case -- Mukesh Kumar Singh (32), Pawan (25), Vinay (26) and Akshay (31) -- in Tihar jail at 6 am on February 1. Earlier, on January 7, the court had fixed January 22 as the hanging date.

As of now, only Mukesh has exhausted all his legal remedies including the clemency plea which was dismissed by President Ram Nath Kovind on January 17 and the appeal against the rejection was thrown out by the Supreme Court on January 29.

Convict Akshay's curative petition was dismissed by the top court on January 30. Another death row convict Vinay moved mercy plea before President on January 29, which is pending.

Singh has also approached the trial court seeking stay on the execution scheduled on February 1, saying the legal remedies of some of the convicts are yet to be availed.

A 23-year-old paramedic student, referred to as Nirbhaya, was gang-raped and brutally assaulted on the intervening night of December 16-17, 2012, in a moving bus in south Delhi by six people before she was thrown out on the road.

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