Three militant attacks in 12 hours in J&K; 11 security men killed

December 5, 2014

Srinagar, Dec 5: In multiple attacks two days ahead of the Prime Minister's visit to Jammu and Kashmir, militants stormed an Army camp in Uri in Baramulla district, killing 11 security personnel, including a Lt Col, and targeted a police party in Shopian while a top LeT commander was killed in an encounter.jk firing

In a daring pre-dawn attack ahead of third phase of elections in Jammu and Kashmir on December 9, heavily armed militants killed 8 Army men and three policemen around 3.10 AM at the camp in Mohra in Uri tehsil of north Kashmir's Baramulla district.

Six militants were also killed in the attack at the Army camp which is 20 km from the Line of Control (LoC), official sources said.

A Lt Colonel and seven Army personnel were among the dead. While bodies of four army personnel were charred, one had burn injuries and the other three had bullet injuries, the sources said.

Uri is about 100 km northwest of Srinagar, where Prime Minister Narendra Modi is due to campaign on Monday.

In Delhi, Defence Minister Manohar Parrikar said, "It is possible that this has happened because of elections... We will eliminate the remaining militants who are trapped."

Jammu and Kashmir Chief Minister Omar Abdullah said the attack was a "desperate attempt" to disrupt peace and normalcy.

"Once again shows the desperate levels militants will go to disrupt peace and normalcy," he tweeted.

Police said at least six militants had infiltrated into the Valley from Pakistan-occupied Kashmir recently.

In Soura in the outskirts of the city, top Lashkar-e- Taiba commander Qari Israr was killed by security personnel when he was trying to enter the city, police said.

Police said at least two militants travelling in a car tried to speed away from a check point at Ahmadnagar in Soura area this afternoon.The policemen chased the car and in the ensuing gun battle, Israr was gunned down. One AK-47 rifle was recovered from him.

The area has been cordoned off as another militant had taken refuge in a house in the same locality, it said.

Director General of Jammu and Kashmir Police K Rajendra said it was a big catch as the militant, a Pakistani national, was wanted in many cases.

Police have intensified random search of vehicles following intelligence inputs that militants might carry out a suicide attack in the city ahead of the elections and the scheduled rally of the Prime Minister on Monday.

In the third attack, militants hurled a grenade at a police ambush party in Shopian in south Kashmir but there were no reports of any casualty.

Shopian area has been vulnerable as militants coming from Doda region through Peer Panjal Range have been using this area as a transit spot.

On December 2, Army foiled an infiltration bid in Handwara area of Kupwara district killing six militants while one army personnel was also killed. The infiltration bid was foiled even as people in Kupwara district were voting to elect their representatives.

Militants also struck in Pulwama district of south Kashmir where one person was killed and six others injured today in a grenade attack at crowded bus stand.

Police said that unidentified militants lobbed the grenade on a security patrol at Tral bus stand, 35-km from Srinagar, killing Ghulam Hasan Mir (60) and injuring six others.

The injured have been admitted in hospital while the area was cordoned off immediately after the strike as a hunt was launched to nab the militants, police added. No militant outfit has so far claimed responsibility for the Tral attack.

Meanwhile, security forces succeeded in eliminating the second militant who had tried to infiltrate into Srinagar along with top LeT commander Qari Israr, who was killed in the initial exchanges after the duo tried to escape when intercepted at a checkpoint.

The operation took place in the Soura area of the summer capital. The two slain militants were part of a module tasked with carrying out a big strike in the coming days, police said.

In Uri, the encounter between troops and the group of militants lasted just over six hours, army said giving details of the attack.

"During the initial part of the operation, one terrorist opened fire on the vehicles of the quick reaction teams (QRT) of the neighbouring unit rushing to the site, in which one (vehicle) went off the road and overturned, leading to casualties among the security forces.

"The terrorist was immediately eliminated by the troops of the QRT and his body recovered," army said in a statement.

A barracks also caught fire during the operation with some soldiers getting trapped inside. Army said that the fire was caused by the toppling of a kerosene heater.

"The operation continued relentlessly and by 9.30 A.M. the terrorists were eliminated. During the deliberate clearing-up operations which commenced thereafter, the bodies of five more terrorists were recovered, bringing the number of terrorists eliminated to six," it said.

One officer and seven soldiers of the army lost their lives in the attack along with one ASI and two constables of police, army said.

"Six AK rifles with 55 magazines, two shotguns, two night vision binoculars, four radio sets, 32 unused grenades, one medical kit and a large quantity of miscellaneous warlike stores were recovered from the slain terrorists," it added.

Army is continuing the operation in the surrounding areas to search for any terrorists who may still be hiding or trying to escape, the statement said.

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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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Agencies
August 6,2020

The Indian Defence Ministry, which had in its document that China intruded into the Indian territory in eastern Ladakh in early May, on August 6 took down the page which it had uploaded on its website.

According to a report by news channel NDTV, the ministry, in its document, had said the Chinese aggression has been "increasing along the Line of Actual Control (LAC) and more particularly in Galwan valley since May 5."

"The Chinese side has transgressed in the areas of Kungrang Nala, Gogra and north bank of Pangong Tso Lake on May 17-18," the document, titled 'Chinese Aggression on LAC' stated.

The document revealed that "... a violent face-off incident took place between the two sides on June 15, resulting in casualties on both sides."

After the clash, a second corps commander level meeting took place on June 22 to discuss the modalities of de-escalation. "While engagement and dialogue at military and diplomatic level is continuing to arrive at mutually acceptable consensus, the present standoff is likely to be prolonged," it said.

A defence ministry spokesperson told the news channel that the document "did not go through him".

The opposition Congress, meanwhile, asked the government why the report was taken down with party leader Rahul Gandhi alleging that removal of the document from websites would not change facts.

"Forget standing up to China, India's PM lacks the courage even to name them. Denying China is in our territory and removing documents from websites won't change the facts," Gandhi tweeted.

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News Network
June 17,2020

New Delhi, Jun 17: Prime Minister Narendra Modi on Wednesday called for an all-party meeting to be held on June 19 to discuss the situation at the border areas with China.

The virtual conference meeting, presided by PM Modi, will be attended by presidents of various political parties in the country.

"In order to discuss the situation in the India-China border areas, Prime Minister Narendra Modi has called for an all-party meeting at 5 PM on 19th June. Presidents of various political parties would take part in this virtual meeting," a tweet by the PMO India read.

At least 20 Indian Army personnel, including a Colonel rank officer, had lost their lives in the violent face-off in the Galwan valley area of Ladakh on June 15.

The violent face-off happened on late evening and the night of June 15 in Ladakh's Galwan Valley as a result of an attempt by the Chinese troops to "unilaterally change" the status quo during de-escalation in Eastern Ladakh and the situation could have been avoided if the agreement at the higher level been scrupulously followed by the Chinese side, India said on June 16.

The Chinese side also suffered casualties, including the death of the commanding officer of the Chinese Unit involved in the violent face-off with Indian troops, sources confirmed to news agency.

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