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March 27, 2022 I Sunday YEAR : 8 I ISSUE NO.: 76 PAGES : 4 I PRICE : ₹.1/Annual Subscription : ₹.300/Editor: Kapilkumar M. Hirpara www.sunvillasamachar.com AHMEDABAD EDITION
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PM Modi To Attend Virtual Regional Summit ‘BIMSTEC’ On March 30: Centre Page : 2
PV Sindhu, Prannoy enter Swiss Open semifinals Page : 3
Swan Energy backed SPV readies ₹3,000 cr resolution plan for Reliance Naval Page : 4
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Yogi Adityanath orders action plan for next 100 days to fulfil poll promises Yogi Adityanath, who was swornin as the chief minister of Uttar Pradesh for a record second term on Friday, told officials that the target should be to make the northern state number one in the country.
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Agency News: New Delhi Uttar Pradesh chief minister Yogi Adityanath on Saturday directed officials to chalk out an action plan for the next 100 days, six months and a year to fulfil promises made by the Bharatiya Janata Party (BJP) ahead of the assembly election. His direction was also aimed at helping Uttar Pradesh achieve the $1 trillion economy2, according to reports. Adityanath took oath as the chief
Kangana Ranaut looks gorgeous in the brown saree with floral detailing. India needs more world-class telescopes to engage in competitive science: ASI chief India needs more observational facilities and telescopes in order to do competitive research on par with the global community, said G C Anupama, president of the Astronomical Society of India (ASI) on Saturday. She was delivering the presidential address at the 40th ASI meet hosted at IITRoorkee and jointly organised by the Aryabhatta Research Institute of Observational Sciences (ARIES), Nainital. “India is lagging in observational facilities, thus making us dependent for data on other (global) facilities.
minister in a mega ceremony at Lucknow’s Ekana Stadium on Friday. The event was attended by Prime Minister Narendra Modi, Union home minister Amit Shah, defence minister Rajnath Singh and BJP national president JP Nadda, among others. More than 50,000 people attended the swearing-in ceremony at the stadium.The chief minister held his first official cabinet meeting earlier in the day wherein he told officials that the target should be
to make Uttar Pradesh the number one state in the country.“The roadmap for the future should be prepared with teamwork and inter-departmental coordination. For this work, ‘Team UP’ will have to be engaged with full commitment. To make the state’s economy $1 trillion, 10 primary sectors should be identified,” he was quoted. Adityanath further
said the new government’s challenge is to outdo the work done by them in the first term as against the challenge of “mismanagement” that they had to address when they first came to power in 2017.“Good governance has been established in the last five years. Now, in the next five years, our competition will be with the work.
Fire breaks out at Bank of India signs agreement to set up Baroda’s regional office, furni- WHO Global Centre for Traditure gutted tional Medicine in Gujarat
Agency News: Vadodara A fire broke out at the regional office of the Bank of Barodain Sayajigunj’s Suraj Plaza on Saturday. Three fire tenders brought the fire under control but there are reports that furniture and electronic gadgets got damaged in the incident. Rajendra Gosai, an employee of the bank, said: “The fire first broke out in the air conditioning system on the fourth floor… When it did not come under control, we summoned the fire brigade. Furniture and electrical appliances, including computers,
have been damaged but we have not lost any documents. The electric supply and centralised AC system have also been damaged. We vacated the floor immediately to avoid casualties.” An official of the fire department said, “The fire control room received a call and we rushed to the spot… At present, it appears that a short circuit in the air conditioning system caused the fire but it is difficult to ascertain as multiple units have been damaged. Furniture, stationery, and other office items have been gutted but the damage was limited.
The new centre will focus on four main strategic areas: evidence and learning, data and analytics, sustainability and equity and innovation and technology. Agency News: New Delhi The World Health Organisation (WHO) and the government of India signed an agreement Friday to establish a WHO Global Centre for Traditional Medicine at Jamnagar, Gujarat. The centre, supported by a USD 250 million investment from the Indian government, aims to build a solid evidence base for policies and standards on
traditional medical practices and products. The new centre will focus on four main strategic areas: evidence and learning, data and analytics, sustainability and equity and innovation and technology. It will also help countries integrate it into their health systems and regulate its quality and safety. “It is heartening to learn about the signing of the Host Country Agreement for the establishment of the Global Centre for Traditional Medicine. The agreement…to establish the WHO-GCTM at Jamnagar, Gujarat.
‘It works magically’: Vidya Balan on seeking help from healer since 11 years
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Beat drums and ring bells: Congress’s 3-phase campaign against price rise On Saturday, the prices of petrol and diesel increased by 80 paise a litre. Delhi will now be selling petrol at ₹98.61 per litre and diesel at ₹89.87 per litre. Agency News: New Delhi The Congress on Saturday alleged that the government has betrayed the people of the country as it hiked the fuel prices after keeping the prices of petrol, diesel, gas cylinders, PNG and CNG unchanged for 137 days to secure the votes of people. The party also announced a three-phased campaign, ‘Mehngai-mukt
Bharat Abhiyaan’, against price rise under which it will organise rallies and marches across the country between March 31 and April 7. The people of India have been betrayed, duped and deceived by the (Narendra) Modi government. After keeping the prices of petrol, diesel, gas cylinders, piped natural gas (PNG) and CNG unchanged for 137 days to secure the votes of people, the last one week has been a nightmare for every household,” Congress general
secretary and chief spokesperson Randeep Surjewala told a press conference.“The Congress president, in consultation with the party general secretaries and state in-charges, has decided to champion the people’s cause in a three-phased programme -Mehngai-Mukt Bharat Abhiyaan,” Surjewala said.First phase of campaign On March 31, Congress workers and common people will protest outside their houses and at public places, Surjewala said.
Russia-Ukraine War : US President Biden meets Ukrainian foreign, defence ministers in Warsaw Meanwhile, Ukraine’s office of the prosecutor general said on Saturday that the war in Ukraine has killed 136 children in the 31 days since the start of the Russian invasion. Agency News: New Delhi US President Joe Biden met the Ukrainian foreign and defence ministers at the Marriott Hotel in central Warsaw in his first talks with top Kyiv officials since Russia’s invasion began,
news agency AFP reported. Biden is due to give a speech in the late afternoon on Saturday in Warsaw saying the “free world” opposes Russia’s invasion of Ukraine. He will argue in a speech that there is unity among major economies on the need to stop Vladimir Putin, the White House has stated. The war in Ukraine has killed 136 children in the 31 days since the start of
the Russian invasion, Ukraine’s office of the prosecutor general said Saturday in a message on the Telegram app. Meanwhile, Moscow signalled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists in the east as Ukrainian forces went on the offensive to recapture towns outside the capital Kyiv.
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SUNVILLA SAMACHAR Editorial
SUNVILLA SAMACHAR
Opposition Parties Have To Be Ready To Firm Up Their Views On The Issue Now that the Narendra Modi government is firmly in saddle, it has re-opened the issue oflinking Lok Sabha and assembly elections as was the practice till 1967. The argumentadvanced in favour of linking both elections are in these lines. It is argued that one of themajor factors impending growth, development and implementation of policies is the fact thatthe nation is perennially in an election mode, witnessing more than five state assemblyelections every year.Simultaneous elections, by definition, means voting to elect representatives of the LokSabha and and state assemblies on one particular day. Historically, Sukumar Sen, the firstChief Election Commissioner, conducted the first elections in 1951 to the Lok Sabha and allstate assemblies at the same time and this practice continued till 1967 when the system gotdisrupted.The inability to hold simultaneous elections gives rise to several serious problems. TheElection Commission’s model code of conduct restricts implementation and execution ofgovernment policies and development programs in poll related states which affectgovernance..…Expenditure incurred both by union and state governments as well as bycandidates and political parties are astronomical and increasing day by day upwards. Morethan Rs. 50,000 crore was spent in 2019 Lok Sabha elections in 2019. Further frequentelections lead to corruption and black money. Then the argument is that security forces are engaged for prolonged periods during electionwhich impedes them from discharging their regular duties. Apart, there is a disruption ofnormal public life such as traffic jams during rallies and the problem of noise pollution. Divisive issues are highlighted and freebies promised to voters which adversely affectdevelopment and finances. Most importantly, the continuous elections cycle seriously affectsgovernance and stable policy making.On the other hand, the holding of simultaneous elections has the benefit.. It ensures moreparticipation of voters and political convenience and popular demands do not takeprecedence over public interest. Further, narrow vote bank politics can be avoided as is themushrooming of regional political parties, thereby promoting national perspective. Thevotaries of simultaneous elections say that this provides stability both at the centre and thestates allowing them to take difficult and harsh decisions in public interest.Amendment will be required in the statutory framework to achieve the above purpose ofsimultaneous polls. The biggest challenge, however, would be to implement the idea of`simultaneous elections for the first time. Apart from necessary amendments in the law, aprocedure of one-time extension, or curtailment, as the case may be, to ensure of thevarious state assemblies has to be drawn up. After the system is introduced, the next challenge would be to ensure that Parliament andstate assemblies complete their full five-year tenure and any changes must be adjusted vis-a-vis the representatives already elected.Those who are against Linking Lok Sabha election and assembly election say this notfeasible for two reasons. First there will be situations in which mid-term elections areinevitable, and these would desynchronize the election cycle. Second, any mechanismdevised to ensure that there is no mid-term election would go against the design ofparliamentary democracy, and thus, of our constitutional structure.The argument against linking both Lok Sabha and assembly elections runs on theses lines.Let us see how we can synchronise the elections cycle to the Lok Sabha. In that case, allassemblies that are completing their terms will have elections in 2024. The term of someassemblies (those ending before 2024) can be extended beyond usual five years, while forothers (current term going past general elections) can be curtailed. This would require aconstitutional amendment, which can be done, if there is a broad consensus across partieson the issue.The problem arises after this. How does one ensure that the electoral cycles stay in sync?After all, the first elections were held in 1952, and elections were held at the same timeacross states for the initial 15 years. After that, as there were mid-term elections in thecentre, as well as in states, the current system of frequent elections evolved. Is there a wayto prevent this?Let us take an example. Assume that there are three significant parties in a state, none ofwhich can ideologically align with each other two. Say they get 40%, 30% and 30% of seatsin assembly elections. There is no way to break the stalemate except with another round ofelections. This is not a remote possibility—we have seen such - Kapilkumar M. Hirpara situations after the Bihar.
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Fuel Prices Increasing Due To Russia-Ukraine War: Nitin Gadkari With three increases beginning March 22, petrol and diesel prices have gone up by ₹ 2.40 a litre.
Agency News: Lucknow
Agency News: Patna Union Minister Nitin Gadkari on Friday justified the hikes in fuel prices, thrice in the last four days, saying that the oil prices had gone up within the international market owing to the ongoing war between Russia and Ukraine, which was beyond the Indian government’s control.Speaking at a session titled “New India, New Manifesto-Sab Ka Saath, Sab Ka Vikas,” at the ABP Network’s inaugural ‘Ídeas of
Akhilesh Yadav To Be Leader Of Opposition In UP Assembly
India’ summit here on Friday, Mr Gadkari, Minister for Road Transport and Highways, also said that, “Sometimes, Hindutva is projected in a wrong way.” “In India, 80 per cent of the oil is imported. Amid the ongoing war between Russia and Ukraine, the oil prices have spiralled up within international markets and we can not do anything about that,” he said
when asked about the high petrol and diesel prices and how the government was planning to the issue.The minister said that he has been making a pitch for making India self-reliant since 2004, “with which, we need to make our own fuel,” while laying stress on the need for developing indigenous energy generation capabilities.Petrol and diesel prices were hiked.
Samajwadi Party chief Akhilesh Yadav is set to be the Leader of the Opposition in the Uttar Pradesh Assembly. His party’s 111 legislators have unanimously elected him as the leader of Samajwadi Party’s legislature party, a party spokesperson said. The spokersperson said Mr Yadav will meet leaders of Samajwadi Party’s allies to discuss the issues the Opposition parties will raise in the Assembly. A first-time MLA, Mr Yadav resigned as Azamgarh MP earlier this week after he was elected legislator from family stronghold Karhal in UP’s Mainpuri district.Sources have said the former Chief Minister intends to take on the BJP.
PM Modi To Attend Virtual Regional Summit ‘BIMSTEC’ On March 30: Centre Agency News:New Delhi Prime Minister Narendra Modi will attend a virtual summit of the seven-nation BIMSTEC grouping on March 30, which is expected to focus on expanding economic engagement among its member countries. The summit is being hosted by Sri Lanka in its capacity as the chair of the BIMSTEC (Bay of Bengal Initiative for MultiSectoral Technical and Economic Cooperation).Besides India and Sri Lanka, the BIMSTEC comprises Bangladesh, Myanmar, Thailand, Nepal and Bhutan. “Prime Minister
Besides India and Sri Lanka, the BIMSTEC comprises Bangladesh, Myanmar, Thailand, Nepal and Bhutan. Narendra Modi will be attending the 5th BIMSTEC Summit on March 30. The summit meeting, which is being held in virtual mode, will be hosted by Sri Lanka, the current BIMSTEC chair,” the Ministry of External Affairs (MEA) said. India has been making concerted efforts to make BIMSTEC a vibrant forum for regional cooperation
as initiatives under the SAARC (South Asian Association for Regional Cooperation) are not moving forward for a variety of reasons. The MEA said meetings of BIMSTEC senior officials will take place on March 28, followed by meetings of the BIMSTEC
Foreign Ministers (BMM) on March 29. Prime Minister Narendra Modi will attend a virtual summit of the sevennation BIMSTEC grouping on March 30, which is expected to focus on expanding economic engagement among.
AAP Government Presents ₹ 75,800 Crore Budget For Delhi For FY 2022-23 Agency News:New Delhi Delhi Deputy Chief Minister Manish Sisodia today presented a ₹ 75,800 crore budget in the Assembly for the financial year 2022-23. “Delhi’s economy is recovering gradually from the impact of COVID-19. The budget allocation for 2022-23 is ₹ 75,800 crore,” Mr Sisodia said in his budget speech. The budget size for the financial year 2021-22 was ₹ 69,000 crore. The budget size for 2022-23 is 9.86 per cent higher than the previous year. Total of ₹16,278
Delhi Budget 2022: “Delhi’s economy is recovering gradually from the impact of COVID-19. The budget allocation for 2022-23 is ₹ 75,800 crore,” Manish Sisodia said in his budget speech.
crore has been allocated for education, while ₹1,300 crore for drains, streets, water supply in unauthorised colonies.₹10 crore sanctioned for residential
schools for homeless children that will have state-of-the-art facilities.A total of ₹9,669 crore has been allocated for the health sector, ₹475 crore for mohalla clinics and polyclinics, and ₹1,900 crore to upgrade Delhi government hospitals.A new electronic city will be set up at Baprola in Delhi to create
80,000 jobs through electronics manufacturing. A new startup policy will be rolled out in the national capital to boost business.Additionally, five wellknown markets in Delhi will be developed to create 1.5 lakh jobs and ₹100 crore has been allocated for it.Delhi Bazar portal to connect shopkeepers.
Bhagwant Mann’s Clean Sweep On Pension Formula For Ex MLAs An MLA gets a pension of around ₹ 75,000 per month for one term. Thereafter, 66 per cent of the pension amount is given for each subsequent term.
Shehnaaz Gill is looking uber glamorous in the stylish shoot.
Agency News: New Delhi External Affairs Minister Dr S Jaishankar will be visiting Maldives and Sri Lanka for bilateral meetings and the signing of several agreements.Dr Jaishankar’s visit to Colombo comes at a time when the island nation is facing a massive economic crisis, with power blackouts and shortage of essential goods leading to protests. The situation is driving its nationals to seek refuge in India.A statement from the ministry said Dr Jaishankar will visit Addu in Maldives
this weekend on the invitation of Minister of Foreign Affairs of Maldives, Abdulla Shahid.“EAM would be visiting Addu city in Maldives (26-27 March), during which EAM will call on President Ibrahim Mohamed Solih and hold discussions with the Minister of Foreign Affairs Abdulla Shahid. EAM’s visit will see the signing of several agreements related to the bilateral development cooperation, inauguration/ handing-over and launch of a number of key Indiasupported projects that will contribute.
Elections Over, PM’s Photo To Return On All COVID-19 Certificates: Report Agency News:New Delhi With the conclusion of the Assembly elections in five states, including Uttar Pradesh, the Centre plans to resume publishing the photograph of Prime Minister Narendra Modi on COVID-19 vaccination certificates in these states.PM Modi’s photo was removed from the vaccination certificates in the five states - Uttar Pradesh, Goa, Uttarakhand, Punjab and Manipur - on January 8, after the announcement of the poll dates and the
implementation of the Model Code of Conduct. An official source told Press Trust of India that the Union Health Minister Mansukh Mandaviya has desired for the resumption of printing of the Prime Minister’s photo on the Covid vaccination certificates in these states on top priority. Necessary changes will be made on the Co-WIN platform to include the picture of the Prime Minister in the COVID-19 certificates being given to people in these five states,” the source told news agency PTI.
Centre Tweaks Covid Norms For International Flights, Pat-Down Search Back Agency News:New Delhi The Airports Authority of India in its revised guidelines for international flights, which will resume from tomorrow, has said the requirement of airlines keeping three seats vacant for social distancing has now been scrapped.As per the revised guidelines, the requirement of a complete personal protection equipment or PPE kit for crew members
is not needed anymore. Pat-down search conducted by security personnel at airports is also re-introduced. PromotedListen to the latest songs, only on JioSaavn. comHowever, wearing masks inside airports and aircraft will still be mandatory Scheduled international passenger flights have been suspended in India since March 23, 2020, following the outbreak of coronavirus.
Pay ₹ 1.36 Lakh Crore For Mining In Jharkhand: Hemant Soren To Centre Agency News: New Delhi Jharkhand Chief Minister Hemant Soren has asked the centre to clear what he claims is a ₹ 1.36 lakh crore due for mining by government firms. He had raised this issue in the state assembly too.In a tweet, Mr Soren said he has written to Coal and Mines Minister Pralhad Joshi to remind about the payment.“In spite of repeated consultations held with the Coal Ministry and NITI Aayog regarding nonpayment of long-standing legitimate dues of ₹ 1.36 lakh crores related to mining done
by central PSUs (public sector undertakings), government of India has paid no heed so far. I have written to Pralhad Joshi ji in this regard,” Mr Soren tweeted, along with the letter.A large portion of coal mining in mineral-rich Jharkhand is done by a subsidiary of Coal India Ltd, or CIL. “These coal companies are not paying legitimate demand.
‘Foo Fighters’ drummer Taylor Hawkins dies at 50
Agency News: Chandigarh Punjab Chief Minister Bhagwant Mann yesterday said former MLAs will now get pension for only one term, doing away with the practice of drawing the benefit for each term served by them.An MLA gets a pension of around ₹ 75,000 per month for one term. Thereafter, an additional 66 per cent of the pension amount is given for each subsequent term. More than 250 former MLAs are are getting pension at present.“Ex-MLAs in Punjab, even if they have won twice, five times or ten times, they will now get pension for one term only,” said Mr Mann in a video
External Affairs Minister In Maldives, To Visit Sri Lanka Next For Talks
message while adding that several MPs are also getting pension for remaining MLAs earlier. The Chief Minister said money saved from it will be spent on the welfare of people.“Our political leaders, including MLAs, seek votes from you with folded hands by saying that give us a chance to serve you,” Mr Mann said in his address.“But you will be surprised to know that several MLAs who won thrice, four times or five times and then after losing the elections or after not getting tickets for contesting the polls, get lakhs of rupees in pension per
month,” he said.“Somebody gets ₹ 3.50 lakh and somebody gets ₹ 4.50 lakh and somebody gets ₹ 5.25 lakh as pension. It puts a financial burden of crores of rupees on the exchequer,” Mann said.A reduction will also be made in their family pensions as well, Mr Mann stated.He said he has given necessary directions to officials in this regard.The CM later in a tweet said, “Today, we have taken another big decision. The pension formula for Punjab’s MLAs will be changed. MLAs will now be eligible for only one pension. Thousands of crores of rupees.
Agency News: Washington The world has lost a rock legend. Taylor Hawkins, the longtime drummer for the rock band Foo Fighters, has died. He was 50 when he breathed his last.The news regarding the drummer’s demise was shared on the band’s Instagram account.“The Foo Fighters family is devastated by the tragic and untimely loss of our beloved Taylor Hawkins,” the note read.“His musical spirit and infectious laughter will live on with all of us forever,” it further read.The
note concluded, “Our hearts go out to his wife, children and family, and we ask that their privacy be treated with the utmost respect in this unimaginably difficult time.” The band’s representative, Steve Martin, also confirmed the news to The Hollywood Reporter. The cause of death has not been disclosed yet. The legendary rock band, including Dave Grohl, Pat Smear, Nate Mendel, Chris Shiflett and Rami Jaffee, is currently on tour in South America and played at Lollapalooza Argentina earlier this week.
SUNVILLA SAMACHAR
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SPORTS - BUSINESS
Jadeja’s chance to race away with Dhoni’s baton
Delhi boxer Satnam Singh wins WBC India featherweight title
Just like his predecessor MS Dhoni, Chennai Super Kings’ new captain Ravindra Jadeja too keeps his cricket simple and the world at an arm’s length. Agency News: New Delhi There are a couple of traits that CSK’s new captain Ravindra Jadeja shares with his predecessor and lifelong mentor MS Dhoni. Jadeja too keeps his cricket simple and the world at an arm’s length. But is that enough to continue the Dhoni legacy? It is a question with no simple answers. A few years back, Jadeja had gone out
Agency News: New Delhi
of favour, he wasn’t part of the Indian team. He was turning up for Saurashtra in a Ranji game. That was the time when the India team was blinded by their love for wrist spinners. The names of the country’s premier match-winners – the fingers spinners Jadeja and Ashwin – wouldn’t be found on playing XIs.The theoretical assumption that chinaman Kuldeep Yadav and leggie
Yuzvendra Chahal would trouble batsmen by breaking the ball on true pitches wouldn’t last long. But till that realisation dawned on the Indian team, Jadeja had to travel to obscure grounds on the domestic circuit. At one such venue, Jadeja took a bagful of wickets and was in a chirpy mood. He chatted about his cricket, the training schedule and even his horses. But he turned down the request.
Satnam Singh defeated Amey Nitin by a majority decision over 10 rounds to be crowned the WBC India featherweight champion. Two judges scored the fight in favour of Satnam, while the third judge scored it as a draw after 10 rounds.It was an epic battle between the two men, who stood toe-to-toe from the first bell and slugged it out for all 10 rounds. Delhi’s Satnam, dominated the early rounds, but Maharashtra’s Amey Nitin, fought back to take a couple of the middle rounds. However, the 25-year-old Satnam, who has improved his record to 10 wins and one loss after this fight, was impressive from the onset as he closed the distance.
PV Sindhu, Prannoy enter Swiss Open semifinals Agency News: New Delhi Double Olympic medallist P V Sindhu and H S Prannoy stormed into the semifinals of the Swiss Open badminton tournament with straight-game victories in their respective women and men singles events here on Friday. While Sindhu, seeded second in the tournament, made short work of fifth seed Michelle Li of Canada 21-10 21-19 in 36 minutes, Prannoy beat compatriot and former Commonwealth Games gold medallist Parupalli Kashyap 2116 21-16 in a quarterfinal match that lasted 43 minutes.Former world champion Sindhu will meet nseeded Supanida Katethong of Thailand in the semifinals on Saturday. Prannoy, on the other hand, faces third seeded Anthony Sinisuka Ginting in the semifinals. The Indonesian beat
another IndianSameer Verma 21-17 21-14 in a quarterfinal match that lasted 39 minutes. Sindhu was in good touch as she simply outplayed her opponent in the first game. After the scores were levelled at 3-3, Sindhugrabbed seven straight points twice. She was ahead 10-3
first and then was leading 17-4 before pocketing the first game.The second game was a close affair with none of the two shuttlers giving an inch to the other. Sindhu was trailing 0-3 but quickly made it 4-4. She was ahead 7-4 but the Canadian fought back to reduce the gap to just one point.Sindhu again roared back to a 14-9 lead before Li made a remarkable comeback to make it 16-16. The second game could havegone either way as the scores were levelled 17-17, 18-18 and 19-19 but ultimately it was Sindhu who held her nerves to grab it 21-19 and pocket the match.In the women’s doubles, the Indian pair of Ashwini Ponnappa and N Sikki Reddy went down fighting to the Malaysian duo ofVivian Hoo and Chiew Sien Kim in the quarterfinals. The Indian pair lost 20-22 21-23 in 55 minutes.
Anil Ambani resigns as director of Reliance Power, RInfra following SEBI order Sebi in February barred Reliance Home Finance Ltd, industrialist Anil Ambani and three other individuals from the securities market for allegedly siphoning off funds from the company. Agency News: New Delhi
Reliance Group Chairman Anil Ambani on Friday resigned as director of Reliance Power and Reliance Infrastructure, following markets regulator SEBI order restraining him from associating with any listed company.“Anil D Ambani, non-executive director, steps down from the board of Reliance Power in compliance of
Direct Tier-2 connects, new airports mark return of domestic flights Agency News: New Delhi
SEBI (Securities and Exchange Board of India) interim order,” Reliance Power said in a BSE filing.In a separate filing to the stock exchange, Reliance Infrastructure said that Anil Ambani has stepped down from its board “in compliance of SEBI interim order”.Sebi in February barred Reliance Home Finance Ltd, industrialist Anil Ambani and three other individuals.
The summer schedule for domestic flights this year will see a comeback for India’s civil aviation as the weekly flight number — 25,309 — will surpass the last pre-pandemic schedule for the first time.Several tier-2 airports that are so far connected to each other or to other major centres through a hub like Delhi or Mumbai will have direct flights once the new schedule kicks in. These include connections such as Ahmedabad-Guwahati, SrinagarAhmedabad, Hyderabad -Srinagar, Vadodara-Chennai, JaipurPatna, Dehradun-Kolkata,
Nearly 25K homebuyers hit as Supertech goes bankrupt Agency News: New Delhi Realty major Supertech Ltd faced bankruptcy and insolvency proceedings Friday after failing to repay dues to the Union Bank of India (UBI).The National Company Law Tribunal (NCLT) started proceedings in accordance with the Insolvency and Bankruptcy Code-2016 against Supertech Ltd in response to UBI’s plea seeking its dues from firm. NCLT heard UBI’s case on March 17 and had reserved its opinion for Friday morning.
A group of 100 homebuyers had also filed insolvency cases against Supertech in NCLT.NCLT also appointed Hitesh Goyal as an interim resolution professional (IRP) at Supertech and current chairman RK Arora and managing director Mohit Arora will cease to have decision-making powers. The IRP will also seek resolution plans from developers who may want to take over the debt-ridden firm and revive it.Besides UBI, many homebuyers had also filed insolvency and bankruptcy cases before the NCLT, seeking justice
after the realty company failed to deliver the flats. The homebuyers need not panic because a new developer will revive the company. Supertech has got adequate assets and homebuyers just need to follow the process and file claims. Not filing the claims will affect their interest,” said Piyush Singh of PSP Legal, who has filed 100 cases on behalf of the homebuyers who sought claims of at least ₹100 crore from Supertech. The real estate firm needs to deliver at least 25,000 units to homebuyers in 50 projects spreading.
Mumbai-Port Blair, JammuPune etc. Notably, many of the routes in this category are seeing flights being mounted by IndiGo. Another aspect is the added connectivity to airports that were originally brought on to the aviation map through the regional connectivity scheme, but are now seeing airline operations outside of the scheme’s ambit. These routes include Lucknow-Pantnagar, DelhiPantnagar, Agra-Ahmedabad, Bengaluru-Kadapa and Mumbai-Shirdi. Third, airlines have also proposed to mount flights to three new airports — Gondia in Maharashtra, Ziro in Arunachal Pradesh and Puducherry. SpiceJet plans to operate.
News referral service: Google under CCI lens Agency News: New Delhi The Competition Commission of India (CCI) has ordered a probe into a complaint of abuse of dominant position by Google in their news referral and related advertisement service, the Indian Newspaper Society (INS) said in a statement.The INS has said Alphabet Inc, which is the parent company of Google, Google LLC, Google India Private Limited, Google Ireland Limited, and Google Asia Pacific were abusing their dominance in the news referral services.
BOLLYWOOD-HOLLYWOOD Tarot Card Reader Munisha Khatwani Ties The Knot; Kashmera Shah, Tannaz Irani, Juhi Parmar Spotted At The Wedding Munisha Khatwani’s groom Sameer twinned with her in a red sherwani.
Tarot card reader Munisha Khatwani tied the knot with longtime beau Sameer Thakur
Munisha Khatwani’s friends from the TV industry pose for a group portrait. Juhi Parmar seen with a friend at the wedding Aalisha Panwar strikes a pose
‘It works magically’: Vidya Balan on seeking help from healer since 11 years
Ranveer Singh joins I&B Minister Anurag Thakur to represent the Indian entertainment industry at Dubai Expo
Agency News: Mumbai Actor Vidya Balan on Friday said that she has been seeking help from a healer and it has brought about a positive change in her life.The actor, known for hits like “Lage Raho Munna Bhai”, “Ishqiya” “The Dirty Picture”, “Kahaani” and “Tumhari Sulu”, recalled the lull phase in her career and said that it was a tough time as she began to ponder if she made any miscalculations. But she later realised that ups and downs are part of life.“My decisions are very instinctive, but at that time, I started to decode. There was a fear that, ‘maybe what I’ve gone through is just fluke success’. The first time around when that happened, I was tough on myself.“I was not that hard on myself this time because I was getting work and wonderful work. So, perspective, experience, all of that helped,” the 43-year-old actor during ABP Network’s Ideas of India Summit.If a film doesn’t work it does affect you, Balan said, adding, “You feel unloved when people don’t go to the theatre to watch films.” The actor further revealed she has been working with a healer for 11 years now and that has helped her have perspective on many things.She said she speaks to her healer from wherever she is and there’s no need to do this personally.“I have been working with a healer for 11 years now and that has really helped me have perspective on things. It’s a lot like therapy. She gives me a lot of tools to change the way I think.“For example, if I’m feeling anxiety right now and I say, ‘Anxiety, you can leave now’, I suddenly feel a change in the way I’m breathing. It works magically, you tap certain points on your body. Healing helped me to calm down. I’m better at handling failure now. It is magical. Suddenly, I feel absolutely different,” she added.When host, senior journalist Vir Sanghvi, asked.
Agency News: Mumbai As the curtains come down on the media and entertainment fortnight at the India Pavilion at Dubai Expo, Information & Broadcasting Minister, Anurag Thakur will lead a delegation to Dubai to hold some important conversations with his counterparts from other countries.Bollywood superstar Ranveer Singh, who has become the face of the Indian entertainment industry with his shape-shifting, generationdefining performances like 83, Gully Boy, Padmaavat, Bajirao Mastani, etc, and back to back blockbusters, will represent the Indian media and entertainment industry at the world expo.After a decadelong journey in the Hindi
film industry, Ranveer has established himself as the best actor and the biggest superstar of his generation and is thus, the perfect choice to showcase Indian cinema to the world. He will be felicitated by Anurag for his incredible contribution to the Indian film industry. Ranveer will join Anurag Thakur on March 27th and will be a part of several important meetings, including an indepth conversation about the media industry with the I&B minister. He will also attend a dinner hosted by the Consulate General of India in Dubai.On the other hand, Ranveer will be next seen in Karan Johar’s directorial ‘Rocky Aur Rani Ki Prem Kahani’ alongside Alia Bhatt and YRF’s ‘Jayeshbhai Jordaar’.
SUNVILLA SAMACHAR
27.03.2022, Sunday
LOCAL NEWS
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Swan Energy backed SPV readies Press Release ₹3,000 cr resolution plan for ReGujarat Polysol Chemicals liance Naval Limited Files Drhp With Sebi
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Colliers strengthens its Office Services capabilities in Mumbai with senior industry hir
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Sunvilla News: Ahmedabad
Janhvi Kapoor looks drop-dead gorgeous in the mirror work gown.
Dada’s decoration at Kashtabhanjandev temple in Salangpur, devotees of Dada’s decoration were seen face to face and felt gratitude. As well as Haribhaktas living in the country and abroad took advantage of the online darshan of Hanumanjidada’s decoration.
A Swan Energy-backed special purpose vehicle (SPV) is moving closer to take over the debt-ridden Reliance Naval after submitting a resolution plan worth close to ₹3,000 crore under the insolvency law, said two officials close to the development.The company’s resolution plan which includes payment of around ₹2,100 crore to the lenders and another ₹900 crore for working capital, operating expenses, capital expenditure and payment of dues to workers has been accepted by the committee of creditors (CoC) for Reliance Naval, according to people familiar with the development.The corporate insolvency resolution proceedings (CIRP) of Reliance Naval are underway at National Company Law Tribunal (NCLT), Ahmedabad.The E-voting on the resolution plan was concluded on March 17 and
The corporate insolvency resolution proceedings (CIRP) of Reliance Naval are underway at National Company Law Tribunal (NCLT), Ahmedabad.
the resolution plan submitted by Hazel Mercantile has been duly approved by 94.86% CoC members under section 30 (4) of the Insolvency and Bankruptcy Code subject to the approval of NCLT, Ahmedabad, according to a BSE filing by Reliance Naval on March 21. Swan Energy holds the majority stake with 74% equity in the SPV while Hazel Mercantile holds the remaining 26%, said the people quoted above. This is the third time that the resolution plans for the company have been invited. In its order dated February 22,
NCLT Ahmedabad disqualified a plea by Mumbai registered Citi Securities to be considered as a financial creditor. The company had moved the NCLT seeking to be considered as a financial creditor with a claim of ₹2,538 crore of assigned debt due from Reliance Naval. The company also sought to be counted as a voting member of the CoC overseeing the bankruptcy and insolvency process of the firm. According to an NCLT order dated February 22, the “assignment of debt was not in good.
Rajiv Sethu wins points for IDEMITSU Nykaa Opens 100Th Store On Play the ‘Vi Fan of the Match’ game during match breaks and win Honda Racing India team in the inaugural International Women’s Day race of 2022 ARRC gifts on each T20 match day! Nykaa, India’s leading
With the onset of Asia’s most coveted Asia Road Racing Championship, the IDEMITSU Honda Racing India team’s rider Rajiv Sethu today bagged laurels for the countryShowcasing his skills at Chang International Circuit in Buriram, the team’s seasoned rider Rajiv Sethu maintained his steady position till last lap of Asia Production 250 class and scored valuable points in Race 1 of the 2022 season of ARRC.Dropping
down from 13th place start to the 16th at the end of Lap 3, Rajiv was decisive and sharp and worked his magic on the track. Overtaking the competitors, Rajiv quickly climbed to 14th place and continued the momentum till penultimate lap. A crash between the 2 competition riders in the last lap confirmed his 13th place, thus bagging valuable 3 points for the team While Rajiv’s teammate Senthil Kumar quickly climbed 2 positions.
omnichannel lifestyle destination opened its 100th beauty store, Nykaa On Trend at HSR Bangalore on the globally celebrated occasion of International Women’s Day. Having started its retail journey at T3 terminal of Delhi airport in 2014, Nykaa stores today offer its unparalleled repertoire of global luxury beauty labels and trendsetting Indian brands to consumers across 45 cities. Welcomed and loved by consumers in every city, Nykaa stores have gone wide across the
country, and nearly half of its stores are now in Tier 2 & 3 cities. The personalized consultation offered by 700+ well-trained beauty advisors, who pay special attention to Nykaa’s signature ‘Art of Retailing’, make these stores a destination of choice for consumers. Nykaa’s omnichannel approach has been both a differentiator.
Veranda Learning Solutions Limited 96% rise in popularity of exotic Initial Public Offer to open on March fruits growing fast among Indians: JD Mart Consumer Insights 29, 2022
Veranda Learning Solutions Limited (“Company” or the “Issuer”), plans to open its Initial Public Offering (the “Offer”) on March 29, 2022. The Anchor Investor Bidding Date shall be March 28, 2022.The Price Band of the Offer has been fixed at ₹130 to ₹137 per Equity Share of face value of ₹10 each. Bids can be made for a minimum of 100 Equity Shares and in multiples of 100
Equity Shares thereafter.The Offer consists equity shares of face value of ₹10 each (“Equity Shares”) of the Issuer aggregating up to ₹2,000 million.The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended, read with Regulation 31 of the Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”), as amended. The Offer is being made through the Book Building Process, in compliance with Regulation 6(2) of the SEBI ICDR Regulations, where not less than 75% of the Net Offer.
The demand for exotic fruits is growing rapidly among Indians with options like Durian, Dragon, Passion, and Kiwi increasingly finding their way to their dining tables, reports the latest JD Mart Consumer Insight. The latest trends on JD Mart, India’s latest B2B platform by Just Dial, revealed that while fruits like Bananas and Apples remained India’s most favourite, a large section of healthconscious people are increasingly opting for exotic and rare fruits like Kiwi, Dragon, Passion, and Durian. As per the latest data, among the most consumed fruits in the country, Banana, Apples, Grapes, and Pomegranates were the top
draws on JD Mart. Searches for wholesalers for Banana and Apples contributed to almost 40% of the overall searches in the fruits and vegetables category on JD Mart. Exotic and rare fruits like Kiwi, Dragon, Passion, and Durian saw a 96% YOY rise in demand on JD MartCommenting on the trends, Mr. Prasun Kumar, CMO, Just Dial, said: “In the last two years we have witnessed a rapid transformational change across fruits and vegetable supply chain stakeholders. As a platform, JD Mart is trying to bring both suppliers and end consumers online for a wide range of fruits and vegetables. We have seen a 44% YOY rise in searches.
It is that time of the year again when Indians are glued to their screens to watch and enjoy the T20 extravaganza! It’s also the time when Vi, India’s leading telecom brand, launches exciting contest for its cricket enthusiastic customers to win unique rewards by
participating in a host of initiatives. This year, Vi once again invites its customers to play the ‘Vi Fan of the Match’ contest during match breaks and win exciting rewards, including iPhones. Vi customers can play ‘Vi Fan of the Match’ on the Vi Facebook page, the Vi Instagram page and on Twitter page during every match break. Participants will have to answer simple questions pertaining to the live match being played. There will be a total of up to 20 questions for each match. The gifts on offer for those giving.
APM Terminals Pipavav aims at inclusive development of ecosystem APM Terminals Pipavav, the first port to be connected to the DFC, is aiming at inclusive development of ecosystem of local community, employees, suppliers and customers. It has steered the local youth to entrepreneurship and has created ample opportunities of employment through up-skilling and improving the livelihoods of surrounding villagers. The Company has setup Skill and Entrepreneurship Development Institute (SEDI) under the project ‘Saksham’ with an objective of providing professional skills to youth to enable them for employment.In last five years, the Company has trained around 1,500 youth across 200 villages,
out of which around 1,100 have got employment or have created their own establishments to generate earnings on a regular basis. Close to 30% of these youth are women and are suitably employedCommenting on Company’s initiatives, Mr. Jakob Friis Sørensen, MD, APM Terminals Pipavav said, “The local people are an integral part of our system and we are proud to not only support their livelihoods, but also partner with them through providing suitable employment opportunities. Almost 85% of our employees are of local origin who have been hired following our stringent & transparent HR process.” Suppliers are part.
Gujarat Polysol Chemicals Limited, amongst the leading chemicals manufacturers for the Infra-tech (Construction), agro, dyes and leather industries in India, has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The company plans to raise funds by offering its equity shares aggregating up to Rs. 414 crore through Initial Public Offering route. The offer of equity shares comprises of fresh issue
aggregating up to Rs. 87 crore (“Fresh Issue”) and Offer for Sale of equity shares aggregating up to Rs. 327 crore by the Selling Shareholders. (“Offer for Sale”) The Company is also amongst the leading supplier of dispersing agents in the Infra-tech, dye and pigments, and textile and leather industries and a leading supplier of powder surfactants in India. The company propose to utilise the net proceeds towards funding (i) Repayment or pre-payment, in full or in part.
OMeGa-3 Rich Recipes You& ll Want To Eat On Repeat By now, you probably know that walnuts are the only tree nut that are an excellent source of plant-based omega-3ALA. Also, the many ways in which omega-3 can help improve your health, primarily heart and brain - whose resultis our ongoing campaign ‘Power of 3’. According to the Advances in Nutrition literature review, ALA may have apotentially beneficial
role in primary and secondary prevention of cardiovascular disease, including stroke andheart attack. Add these nutrition nuts to your diet with our list of easy yet delicious recipes to help give youroverall health a muchneeded boost.Walnut, Chocolate And Avocado Mousse – Chef Sabyasachi GoraiGive the usual chocolate mousse a healthy upgrade.
Did you know Iss Mod Se Jaate Hain’s Hitesh Bharadwaj is an RJ turned Television actor? Zee TV recently launched show - Iss Mod Se Jaate Hain, has been in the buzz sincethe first day of its premiere. Following the story of two PSC aspirants – ParagiParashar (Akshita Mudgal) and Sanjay Pathak (Hitesh Bharadwaj), the show attemptto make
viewers reconsider their approach towards women achieving more than theirmale counterparts. While both the actors, Hitesh Bharadwaj and Akshita Mudgal, workround the clock to make Sanjay and Paragis characters relatable to the audience.
Vikram Solar Limited files DRHP with SEBI Vikram Solar Limited (“VSL” or the “Company”), one of India’s largest modulemanufacturers, in terms of operational capacity, producing solar photo-voltaic (“PV”)modules (Source: CRISIL), and also an integrated solar energy solutions provider offeringengineering, procurement and construction (“EPC”) services, and operations andmaintenance (“O&M”) services as of December 31, 2021, filed its DRHP with SEBI. The Initial Public Offer (IPO) consists Fresh Issue of up to Rs 1,500 crore and Offer for Sale(OFS) of up to 5,000,000 Equity Shares by the Selling Shareholders.VSL has a global footprint through a sales office in the United States of America and aprocurement office in
China and has supplied solar PV modules to customers in 32countries, as of December 31, 2021. In India, VSL’s customers nclude National ThermalPower Corporation Limited (“NTPC”), Rays Power Infra Private Limited, Amp Energy IndiaPrivate Limited, Azure Power India Private Limited, West Bengal State Electricity DistributionCompany Limited, Solar Energy Corporation of India, West Bengal Power DevelopmentCorporation Limited, Hindustan Petroleum Corporation Limited, Keventer Agro Limitedwhile the international customers include Amp Solar Development Inc (customer since2019), Safari Energy LLC, Standard Solar Inc and Southern Current.As of December 31, 2021.
IIE signs MoU with MoRD to enhance Henkel India conducted a Menstrual HyNykaa launches the All Day MATTE Vi introduces Vi MiFi – a high speed connectivity solution for giene Awareness Programme in collaboration the impact of the Start-up Village Entre- Foundation in 15 diverse shades preneurship Programme (SVEP) the entire family with CRPF & V2 Care HSW Foundation In an endeavor to provide equal opportunities to the less privileged school girls and encourage them, Henkel Adhesives Technologies India Private Limited (Henkel India), in collaboration with Central Reserve Police Force (CRPF) and V2 Care HSW Foundation, an NGO, conducted a Menstrual Hygiene Awareness, Sanitary Napkin Distribution Program and a Cultural Program in Gandhinagar.“Women form the backbone of our society, and their health and wellbeing are of prime importance. Through this initiative we aim to support the National Health Mission’s objectives to increase awareness among adolescent girls on Menstrual Hygiene, increase access to and use of high-quality sanitary napkins to adolescent girls in less privileged areas as well as ensure safe disposal of Sanitary Napkins
in an environmentally friendly manner.” said Mr. Bhupesh Singh, CSR Committee Member of Henkel India. At Henkel, we realized that the lack of menstrual knowledge, poor access to sanitary products and a non-facilitating school environment can make it difficult for girls to attend school. Through our Menstrual Hygiene Awareness and Sanitary Napkin Distribution Program we have through education and awareness building, sought to address challenges related to menstruation in schools.This is an attempt to help these young girls get a better understanding of menstruation and its basic biology.
In line with the Hon’ble Prime Minister Shri Narendra Modi’s visionof Atmanirbhar Bharat, the Indian Institute of Entrepreneurship (IIE) under the aegis of Ministryof Skill Development and Entrepreneurship (MSDE) today signed a Memorandum ofUnderstanding (MoU) with the Ministry of Rural Development (MoRD), to promoteentrepreneurship at a local level amongst the rural youth.Under the agreement, the
Start-up Village Entrepreneurship Programme (SVEP), the subscheme of the National Rural Livelihoods Mission (NRLM), with the core objective of promotingemployment opportunities in rural India, particularly developing self-employment avenues forunemployed rural people.By developing a sustainable model for Village Entrepreneurship Promotion, the programmeaims to enable the rural poor (from the SHG ecosystem).
Just like all things good are built on a strong foundation, you can now ace your base with the latest range from Nykaa, All Day MATTE Foundation. The All-Day MATTE collection which debuted last year with compacts and liquid lipsticks now also features 15 shades of foundation to match the diverse skin tones of Indian consumers. Celebrating #MyShadeMySquad, the matte foundation range caters to different kinds of skin tones and undertones, and lifestyles for
everyone who is looking at an accessible yet effective offering. True to its name, the matte foundation is formulated to stay in place all day, providing comfort and hydration for a very longlasting effect. The meltingly soft, light texture of the range instantly makes the skin look flawless. Non-cakey and easily blendable, every day, light weight foundation provides medium-to-buildable coverage, projecting a second skin like feel, that looks just like your original skin.
V i , I n d i a ’s leading telecom brand, h a s launched Vi MiFi for its customers on Vi Family Plans and Individual Postpaid Plans. Vi MiFi is a pocketsized 4G router that delivers reliable, high speed and secure connectivity for multiple devices, while also being ideal for individuals wanting to stay connected on the go. Vi MiFi supports superfast speeds of up to 150 Mbps and enables users to securely connect up to 10 WiFi-enabled devices such as mobiles, smart TVs, laptops, tablets, CCTVs, smart speakers
and more.Key Features: Sleek, Lightweight portable WiFi routerConnects up to 10 devices simultaneously Supports download speed up to 150mbps 2700 mAh Liion battery 1 year warranty Consumers are now, more than ever, accessing internet for varied purposes and across multiple devices. As these devices proliferate, so does the need for seamless digital connectivity at all times. With high speed and secure internet access, Vi MiFi is a valuable proposition for consumers; be it for “work from anywhere” or consuming content or attending online classes.MIFI_ Device2Sleek and lightweight, Vi MiFi comes with an inbuilt 2700 mAh rechargeable battery that can provide uninterrupted connectivity.
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