Yemen crisis: India carries out rescue operations in war-like conditions, 800 more evacuated

April 5, 2015

New Delhi, Apr 5: Nearly 800 Indians were on Saturday evacuated from strife-torn Yemen where the situation has deteriorated significantly due to an escalation in fighting between two warring groups that have left the nation in tatters.

Yemen crisisWith Saturday's evacuation, India has so far taken out 1,800 of its citizens from the country where a Saudi-led coalition is carrying out air strikes against Shia Muslim fighters, called Houthis, who have overrun most of the tiny nation and forced West-backed president Abed Rabbo Mansour Hadi to flee.

Minister of state for external affairs VK Singh, who was overseeing the massive Indian evacuation operation from Djibouti, had also gone to Sanaa, the largest Yemeni city from where Air India rescued Indians after getting permission to land.

Singh came back to Djibouti on Saturday.

Meanwhile, navy ship INS Mumbai sent to evacuate Indians from Aden could not dock at the city port due to heavy shelling and small boats were used to ferry people to the ship.

"There is heavy shelling in Aden. The ship is anchored 5-6 kilometres off the coast. Indian nationals are being taken by boat to board the ship there," external affairs minister Sushma Swaraj said.

Indian authorities had hired small crafts to move 30-35 Indians at a time from the port to INS Mumbai, the navy said.

"Absolute tough environment at Aden... Evacuation of stranded Indians were carried out in almost war-like conditions," a navy official said.

Official sources said the evacuation operation was going on notwithstanding the deteriorating situation across Yemen.

"We hope to complete the evacuation operation in the next few days," an official said.

The sources said though security situation was becoming more precarious in Sanaa due to increasing hold of al Qaeda, India has been given slots to carry out air sorties to take out its citizens from the city.

"Maximum slots to carry out air sorties have been given to India. We were given two slots yesterday (Friday) and two slots today (Saturday). We hope to continue the evacuation from Saana."

Officials sought to allay fears of kidnapping of Indians in Yemen, asserting that the situation was not like that in Iraq.

The sources said Indian Navy ship Tarkash and two other commercial ships are also available for evacuation of Indians from port cities including from Al-Hudaydah.

They said India had rescued two Nepalese and three nationals each of Bangladeshi and Pakistan also from Al-Hudaydah city two days back.

External affairs ministry spokesperson Syed Akbaruddin said over 300 Indians have been brought back from Sanaa and reached Djibouti en route to India.

He also tweeted that about 800 Indians were evacuated on Saturday.

The sources said situation in Sanna was serious as militants have stepped up their offensive and particularly due to movement of heavy artilleries and missiles during nights.

"The security situation is deteriorating every day," the sources said.

A no-fly zone enforced in Yemeni airspace by international coalition has made it difficult to evacuate Indians by air, they said, adding India has been requesting Saudi Arabia to allow aerial sorties to Saana on daily basis.

The sources said the number of Indians across Yemen was around 5,000 out of which 1,000 were women married to Yemeni nationals. The number of Indians in Saana would be around 3,000, while around 554 were in Aden and 298 were in offshore oil fields.

Talking about air sorties from Saana, officials said air operations at times become difficult as clearance given by authorities in the Yemeni city does not reach those in Djibouti.

So far, a maximum of 337 people hailing from Kerala followed by 246 from Maharashtra have been brought back. A total of 86 people from Andhra Pradesh and Telangana, 15 from Bihar, 48 from Delhi, two from Goa and 30 from Gujarat, one from Jammu and Kashmir and 34 from Karnataka have also been brought back.

Among those who were evacuated include one each from Madhya Pradesh and Odisha, four from Rajasthan, 85 from Tamil Nadu, 30 from Uttar Pradesh, 42 from West Bengal and 16 from other states, as per official details.

Asked whether Pakistan was given preference as around 600 Pakistanis could be evacuated from Saana around four days back, the sources said they left the city in a convoy without considering the security implications. They said Saudi authorities had conveyed to India that land route would be fraught with security risk.

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News Network
March 10,2020

Mar 10: Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.

The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to No. 2 on the list of Asia’s richest people, according to the Bloomberg Billionaires Index. Ma, the Alibaba Group Holding Ltd. founder who relinquished the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani.

Oil plunged the most in 29 years on Monday as Saudi Arabia and Russia vowed to pump more in a struggle for market share. The slump comes just as the coronavirus is spurring the first decline in demand in more than a decade. That raises questions about whether Ambani’s flagship Reliance Industries Ltd. will be able to cut net debt to zero by early 2021, as he has pledged. The plan hinges on a proposal to sell a stake in the group’s oil and petrochemicals division to Saudi Arabian Oil Co., the world’s biggest crude producer.

While the coronavirus has curtailed some of tech giant Alibaba’s businesses, the damage has been mitigated by increased demand for its cloud computing services and mobile apps.

Reliance Industries, by comparison, has no such silver lining. The Indian conglomerate’s shares plunged 12% on Monday, the most since 2009, extending this year’s decline to 26%. Alibaba’s American depositary receipts have slipped 6.8% so far in 2020.

Ma reclaims crown after Reliance shares were pummeled in 2020.

Few of the world’s billionaires fared well in Monday’s collapse as the S&P 500 Index and Dow Jones Industrial Average each plunged more than 7.5%, the most since the 2008 financial crisis, threatening to end the longest bull market in history. But no one did worse than those whose fortunes are underpinned by oil. Wildcatter Harold Hamm’s fortune was cut almost in half to $2.4 billion and fellow oil magnate Jeff Hildebrand lost $3 billion, bumping both from Bloomberg’s 500-member wealth ranking.

In a pivot toward new businesses such as telecommunications, technology and retail, Ambani’s Reliance Industries has piled on billions of dollars of debt over the years.

It spent almost $50 billion -- most of it funded by borrowings -- to build Reliance Jio Infocomm Ltd., which became India’s No. 1 wireless carrier within about three years of its debut. As the mobile venture took off, Ambani also unveiled plans for an e-commerce empire to rival Amazon.com Inc. in India.

Addressing concerns over the liabilities, Ambani pledged in August to cut the group’s net debt to zero from about $21 billion as of last March. The Aramco deal is crucial to that plan for which Reliance Industries has valued its oil-to-chemicals division at $75 billion including debt, implying a $15 billion valuation for the 20% stake that’s for sale.

Signs of a potential delay to that deal unnerved some investors, hammering the stock since it touched a record high on Dec. 19.

Reliance Industries expected the Aramco transaction to be completed by March, but people familiar with the matter said in February that talks were still ongoing to bridge differences between the two parties over the deal’s structure.

Adding to the uncertainty, Indian Prime Minister Narendra Modi’s administration has petitioned a court to halt the proposed stake sale, threatening a key source of funds needed to pare net debt.

But Ambani, 62, may soon bounce back from the setback, said Harish H.V., managing partner at ECube Investment Advisors in Bengaluru, India.

“The game isn’t over,” he said. “Ambani has successfully built a robust business model which would keep him in the game. Moreover, his telecom business will start yielding results in coming years.”

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SmR
 - 
Tuesday, 10 Mar 2020

The curses of the bank depositors savings which vanished with collapsing economy and fraudlent seems to have gradully affecting riches of Ambani's.

 

AU
 - 
Tuesday, 10 Mar 2020

in Holy Quran Allah says; but they plan and Allah plans, and Allah is the best planners..(Surah Al Anfal 8:30)

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Agencies
July 23,2020

Ayodhya, Jul 23: All 32 accused in the Babri mosque demolition case should be invited to the "bhumi pujan" ceremony for the construction of the Ram temple here and honoured, a Hindutva outfit leader has said.

Hindu Dharma Sena president Santosh Dubey is one of the main accused in the case.

Dubey also insisted that the Shri Ram Janmabhoomi Teertha Kshetra Trust must also invite all the four Shankaracharyas to the ceremony planned on August 5.

Prime Minister Narendra Modi is also likely to attend the event.

"The office bearers of Ram Janmabhoomi Teerth Kshetra must ensure that along with all 32 accused in the Babri mosque demolition case, the families of the kar sevaks who gave their lives in the Ram Temple movement must also be invited to the 'bhumi pujan' ceremony and must be honoured there," Dubey told PTI.

The top court verdict in favour of the Ram temple at the site would not have been possible had the Babri mosque not been demolished, he said.

"If the Trust does not invite the kar sevaks, it will a display of ego and arrogance. Without inviting the kar sevaks who have been accused in Babri mosque demolition and the families of the slain kar sevaks, the 'bhumi pujan' will remain incomplete," Dubey added.

A special CBI court in Lucknow is recording the statements of the 32 Babri demolition accused under section 313 of the CrPC, which enables them to plead their innocence, if they so want.

The court is conducting day-to-day hearings to complete the trial by August 31 as directed by the Supreme Court.

The mosque in Ayodhya was demolished on December 6, 1992 by 'kar sevaks' who claimed that an ancient Ram temple had stood on the same site. Former deputy prime minister L K Advani and BJP leader Murli Manohar Joshi were leading the Ram temple movement at that time.

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News Network
June 4,2020

New Delhi, Jun 4: India on Thursday witnessed a record single-day spike of 9,304 coronavirus cases taking the country's tally to 2,16,919, according to the Union Ministry of Health and Family Welfare.

The ministry informed that 260 more deaths due to coronavirus were reported in the last 24 hours.

The total number of cases in the country now stands at 2,16,919 including 1,06,737 active cases, 1,04,107 cured/discharged/migrated and 6,075 deaths.

Maharashtra has so far reported 74,860 cases, more than any other state in the country.

In Tamil Nadu, 25,872 cases have been detected so far while Delhi has reported 23,645 coronavirus cases.

According to the Indian Council of Medical Research (ICMR), 1,39,485 samples were tested in the last 24 hours whereas 42,42,718 samples have been tested till date.

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