Water purifiers to be installed in public places in Pune

18 water purifying units worth Rs. 50 lakhs, will be installed at various public places in the Khadki Cantonment Board (KCB) limits. Amol Jagtap, CEO of KCB, officially announced that the purifiers will treat waters drawn from borewells and work in this regard is currently in progress. Jagtap also assured that every ward in KCB will have a purifier with an hourly distributing capacity of 50 litres of water. Similar units will be set up in bus stops, schools, hospitals, market areas and in KCB office also, as reported by The Indian Express.

Among the 18 units to be installed, 2 had been developed by the CSIR National Chemical Laboratory, under the Gramin Vigyan Kutir programme, also referred to as the CSIR Techvill. The special units will be installed only at schools.

Senior scientist and in charge of CSIR Techvill said that the main objective of this initiative is to promote consumption of treated water. Interesting fact about these water purifiers is that they do not need much maintenance.

Previously, NCL did help several schools and hospitals with such units, under the Pune and Pimpri-Chinchwad Municipal Corporation. Both KCB and NCL are planning to install more such water purifiers in the years to come and help civilians to intake disease free pure water.

ICC appoints Indra Nooyi as first independent female director

The introduction of the first female director was approved by the International Cricket Council in June 2017. Accordingly, on Thursday, February 9, 2018, Indra Nooyi, chairman and CEO of PepsiCo, was appointed as the organisation’s first independent female director. Nooyi is supposed to join the Board by June 2018.

Nooyi is a global business icon, consistently ranked among the world’s powerful women by the Fortune magazine. As the head of PepsiCo, she is responsible for the global food and beverage portfolio, including brands, which generates more than $ 4 billion each in retail sales each year. Nooyi is also the chief behind an initiative called Performance with Purpose. It is PepsiCo’s impressive business strategy of integrating sustainability with financial performance.

ICC chairman, Shashank Manohar said, “We are delighted to welcome Indra to the ICC. To have some of Indra’s calibre is fantastic news for the global game”, as reported by the Times of India.

She has been appointed for a two-year term but can be reappointed for further terms, with a maximum of six years.

When asked about her views on being the first female director, Nooyi said, “I am thrilled to join the ICC as the first person to be appointed to this role. And I look forward to working with my colleagues on the board, ICC’s incredible partners, and cricketers around the world to grow our sport responsibly and give our fans a new reason to follow every ball and shot.”

Sources: The Hindu, The Times of India

Singh brothers accused of taking out millions from Fortis

 

On February 9, 2018, both the Singh brothers, Malvinder and Shivinder Singh, resigned from their respective posts as executive chairman and vice chairman. They justified their resignation saying that it will be beneficial for the organisation.

The action which led to their resignation was that they were accused of taking approximately Rs. 4500 crores, about a year ago from the publicly traded hospital company they control., without the approval from the board. Though it was not clear as to how the funds were used.

The record of the accounts was reported on the Fortis Health Care Ltd. balance sheet, both in terms of cash and cash equivalents. Auditor of Fortis, Deloitte Haskins and Sells LLP have denied signing of the company’s second-quarter results until the money is accounted for or returned. But after the Singh brothers resigned, India’s second largest hospital chain Fortis announced that it would report the second and third quarter results on February 13 and will also report the cash and cash equivalents of Rs. 5.4 billion as of March 31.

As reported by the Economic Times, the company’s spokesperson said that Rs. 473 crores were loaned in July 2017. The companies taking loan were automatically considered a part  of the corporate group, thus their loans are expected to be repaid.

These rising legal and financial problems compelled the Singh brothers to back out. They are now trying to sell major chunks of their company, in order to bring about parity in their business.

Sources

Economic Times, NDTV

Hyundai launches the Elite i20 in Auto Expo 2018

The new Elite i20 will be available in 6 options with brand new alloy wheels
Image Source: Outlook

With winter coming to an end, the Auto Expo in Delhi has started. Like every year, there will be a launch of some fabulous cars, including Mercedes, Toyota and many more. Apart from the luxury cars, this year also witnessed the launch of the new Elite i20 model by Hyundai Motor Company.

This premium car was launched on February 7, Wednesday. Director of Sales and Marketing, Hyundai India Pvt.Ltd, Rakesh Srivastava was present at the launch.

Elite i20 is a revised version of the preceding model with a few modifications on features and an enhancement in appearance.

Pronounced changes can be figured out from the face of the car itself. The highlighting features being a new black cascading grille, a redesigned headlamp with LED daytime running lights, bumper with inbuilt spoiler and an arrow-head fog lamp housing. The body of the car gives out a stylish muscular look with the sculpted doors and new alloy wheels. The rear looks somewhat different with bigger tail lamps and newly designed tailgate.

The interior of this new model did go through significant changes and looks more superior compared to the old one. In this new model, the center console features a 7-inch touchscreen infotainment system that supports inbuilt navigation and connectivity devices including Android Auto and Apple CarPlay. Elite i20 is also equipped with 6 airbags, parking assist and auto door lock at high speed, all these features will provide the passengers with maximum safety.

Mileage of this new model is 1.2 litre in case of petrol and 1.4 litres in that of diesel. The higher variants have a CTV automatic gearbox. However, the lower variants have a manual transmission.

The petrol variant of the Elite i20 starts from Rs. 5.35 lakh, going up to Rs. 7.91 lakh. While the diesel model lies within the range of Rs. 6.73 lakh to Rs. 9.16 lakh. Bookings for this new Hyundai launch is open.

Overall, this new model is nothing more than a modified version of its predecessor.

Sources: News18, Times of India

Trump’s State of Union Address was all about agenda offerings

Donald Trump’s 1 hour 20 minutes State of Union address on Tuesday, January 30, 2018 was a coalesce of – plea for unity, declaration of a new American moment, promising to suppress immigration, keeping open Guantanamo Bay, and strengthening America’s nuclear arsenal.

Trump said, “If you work hard, if you believe in yourself, if you believe in America, then you can dream anything, you can be anything, and together, we can achieve anything”, as reported by The Times of India.

Trump rattled off his list of achievements which included historic tax cuts, a soaring stock market, eliminating swathes of regulations, and creating 2.4 million jobs.

He assured that the revised tax system plan will be immensely beneficial to the middle class and small business people. He briefly spoke on the health care issues and went on to brag about the investment of $1.5 trillion in infrastructure and partnerships with other states and private sectors.

On immigration debate, Trump repeated his recent pledge of offering citizenship to 1.8 million young immigrants. Referring North Korean nuclear missile regime as “depraved” Trump promised to reconstruct America’s nuclear arsenal and decimate terrorists, putting much more in the Guantanamo Bay. He also vouched for the final defeat of the ISIS.

Though the US President received many enthusiastic applause from the Republicans, the opposition party was mostly silent and headed straight for the exit at the end of the speech. Some of Democratic Party’s female representatives including Nancy Pelosi, wore black in honor of the victims of sexual harassment, while few wore butterfly pins in support of immigrants.

A CBS poll conducted immediately after the speech said that it was a hit among the viewers, as 75% of them liked it and other did not.

Source: Telegraph,Times Of India

Army firing in South Kashmir, death toll increases to three

On Saturday, January 27, 2018, Army opened fire on a violent mob in Ganowpora village in the Shopian district of South Kashmir, when they attacked an army convoy of 10 Garhwal Unit. Two alleged stone pelters, Javid Ahmed Bhat from Balpora and Suhail Javed Lone from Rawalpora died on spot.

With Narpora’s 19-year-old Rayees Ahmed Ganie’s, demise on Wednesday, January 31 early morning, the death toll increased to three. After getting injured, Ganie was taken to the Sher-I-Kashmir Institute of Medical Sciences, where he died “after battling for life in the ICU since Saturday evening”, as reported by The Hindu. The hospital denied to reveal the cause of death and only mentioned about the head injuries. His body reached his village at 8 am in the morning on Wednesday.

When inquired about their action, the Army personnel justified their deed by saying that, they opened fire for self-defense when the mob tried to lynch a junior officer and set the Army vehicle on fire.

State police had lodged an FIR against the Army under sections 302 (murder), 307 (attempt to murder) and 336 (endangering life). A magisterial probe was also ordered after chief minister Mehbooba Mufti’s intervention.

As reported by India Today, there had been noisy protests by the BJP backed PDP against Mufti during the state Assembly on Monday, January 29. Their demand was the withdrawal of the FIR against Army. On the other hand, Jammu and Kashmir opposition party raised slogans, showing pictures of the Shopian incident.

Source: The Hindu, India Today

Medium intensity earthquake hits Jammu and Kashmir

Early this morning, a medium intensity earthquake measuring 4.5 Richter scale hit Jammu and Kashmir. As reported by The Hindu, National Seismology Center of Indian Meteorological Department stated that the earthquake occurred at 4.21 am on Monday, December 11, 2017. The tremors were felt in Leh and Thang. The depth of the earthquake as measured by them was 33 kilometers. The epicenter was detected at a distance of 125 kilometers from Khaplu. There had been no reports on loss of life or property. It can be estimated that since the earthquake was of medium intensity and had hit the state very early in the morning, no news of people panicking or getting scared was reported.

This area had experienced three earthquakes in the past one month and at least 15 earthquakes in the last one year. The Richter scale of these earthquakes varied from 4.4 to 5.1. Kashmir has a record of deadly earthquakes in which any lives had been lost and property worth lakhs of rupees had been destroyed. Keeping in mind the political unrest in the state, earthquake or any other natural disaster comes as an extra curse to the people there.

Sources- The Hindu, The Indian Express