46 Indian nurses freed, will return from Iraq tomorrow morning: Reports

July 4, 2014

Keralite nursesThiruvananthapuram, Jul 4: All 46 Indian nurses abducted from Tikrit in strife-torn Iraq were released by ISIS militants on Friday. The development came as a rare piece of positive news amid a bloody war raged by the Sunni insurgents.
The nurses will fly back to Kerala on Saturday morning, IANS quoted chief minister Oommen Chandy as saying.
Chandy told the news agency over telephone from New Delhi that an Air India flight will depart from the Indian capital on Friday evening to Erbil, the capital of Kurdistan region, to evacuate the nurses.
"There will be one official each from the Kerala and central governments on the plane. The nurses will board the flight at Erbil and the plane will reach Kochi at 7am tomorrow (Saturday)."
The nurses, all from Kerala, were on Thursday taken from Tikrit to Mosul by Islamic State of Iraq and the Levant (ISIS) militants. They reached Mosul unharmed on Thursday night, their relatives said. The nurses worked at a hospital in Tikrit, Saddam Hussein's hometown.
A glimmer of hope appeared for their relatives on Friday morning after one of the nurses sent a text message to her family members in Kerala.
"We got an SMS saying they (the nurses) are on their way to Erbil airport, which is 70kms away from Mosul. If everything goes well, they will be back in the country late tonight," a relative told HT. However, Chandy later said the anxious family members will have to wait a bit more.
AFP quoted Tincy Thomas, an abducted nurse, as saying, "Some here ... they are saying ... we will go to Erbil."
An Indian diplomat, speaking on condition of anonymity, told the news agency that the group was expected to reach Erbil, which is a short drive from Mosul but has been insulated from the unrest.
According to the relatives, militants did not misbehave with the hostages, whose ordeal began on June 11.
Early on Friday, Shobha Sasikumar, mother of abducted nurse Shruti, said, "My daughter called me last night saying they reached Mosul around 11pm (Indian time). They are in an old building that is without electricity. So far, the abductors were friendly towards them."
The abduction of the nurses, all of them women and from Kerala, had spelt a fresh trouble for India. A month ago, ISIS militants, who now control northern and western Iraq, snatched 40 Indian construction workers from Mosul. All but one of them are still in captivity. The Centre had said on Thursday that it was trying its best to combat the crisis.
The government sought the help of some prominent Indians settled in Saudi Arabia and other Gulf countries. Some reports also said external affairs minister Sushma Swaraj called up politicians in Gulf countries and sought their help in view of the crisis in Iraq.
The release of the Indian nurses will be a big boost to the Centre's diplomatic efforts. According to sources in the government, the "decision" to make the nurses obey ISIS order to move to Mosul came after Swaraj and Chandy held talks twice on Thursday when nurses were also spoken to.

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Agencies
February 16,2020

New Delhi, Feb 16: Aam Aadmi Party (AAP) national convener Arvind Kejriwal was on Sunday sworn-in as the Chief Minister of Delhi for the third time in a row at Ramlila Maidan here, after his party registered a massive victory in the recently concluded Delhi Assembly polls.

Kejriwal was administered the oath of office and secrecy by Delhi Lieutenant Governor Anil Baijal.

The sprawling Ramlila Maidan reverberated with sounds of thousands of people cheering for the AAP leader.

Kejriwal who received a hero's welcome here had extended an invitation to the people of Delhi urging them to attend the swearing-in ceremony to witness "the son of Delhi" taking oath today.

The AAP nearly repeated its 2015 performance in the elections, sweeping the Assembly polls winning 62 seats in the 70-member Assembly, in the face of a high-voltage campaign by the BJP, which fielded a battery of Union Ministers and Chief Ministers in its electioneering spearheaded by Home Minister Amit Shah. 

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Agencies
May 4,2020

Mumbai, May 4: Days after Facebook, private equity firm Silver Lake said it will invest 56.56 billion rupees ($746.74 million) in Reliance Industries's digital arm, giving it a valuation of 4.90 trillion rupees. Silver Lake on Monday agreed to pay Rs 5,655.75 crore to buy 1.15 per cent stake in the firm that houses billionaire Mukesh Ambani's telecom arm Jio.

The investment in Jio Platforms comes within days of Facebook investing USD 5.7 billion to buy a 9.99 per cent stake in Jio Platforms. The investment is at a premium of 12.5 per cent to the Facebook deal.

"This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5 per cent premium to the equity valuation of the Facebook investment announced on April 22, 2020," Reliance said in a statement.

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News Network
April 12,2020

Hyderabad, Apr 12: Indicating that prolonged lockdown to contain coronavirus spread may lead to job cuts in the Indian IT industry, NASSCOM former president R Chandrashekhar has said that the work-from-home culture may become a positive development in the long run as it opens up newer avenues and save investments by IT firms.

The former bureaucrat also said startups which are surviving on funds infused by venture capitalists may face tougher situations if the present scenario deteriorates.

"The larger companies may not be actually cutting jobs for two reasons. One is that they do not want to lose their employees and they have money to pay. Many of them ( big companies), even if they do shed some jobs it might be at the most people who are on temporary or intern type and all. But they would not want regular and permanent employees to go. So as long as they have sufficient flexibility in their books, they would continue," said NASSCOM former president.

"But beyond a point that it goes on, for let us say, two months or three months, then even for them, they will feel the pressure. They may not just keep on providing subsidies to the employees. So the key question will be how long that goes on," Chandrasekhar said.

He also said the work-from-home systems being adopted by several firms across the globe, including India, may have a negative impact on the industry in the short-term, but in the long run it would change the work culture which hitherto was not experienced by many of the IT firms in India.

 On impact of the prolonged lockdown on startups, he said it would be a big challenge for the budding enterprises as the investments they get are based on their ideas and future revenues and the present situation under which peoples movement is curbed may shackle their progress.

 "Where will they (startups) get money to pay salaries to their employees. Venture capital investors would not pay the money or invest their money to pay salaries because they are not in the charity business."

If the employees are not paid and if they leave and it is difficult for the startup againto come up. So the whole investment plan goes for a toss, he said.

Former chairman of NASSCOM, B V R Mohan Reddy said a clear picture as to what is going to happen has not yet emerged as the situation with all respects is still evolving. Reddy said there will be a demand shrinkage for the IT industry as the entire world is under stress. "There is no economy in this world that is going to do well in this situation.

So, therefore, there will be a demand shrinkage, he said, indicating tougher times of the industry ahead.

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