With it, Modi became the first incumbent Indian PM to be flown by foreign pilots onboard an Americanregistered aircraft.The use of the Kodiak 100by PM raises a serious safety issue. The requirement that he takes a twin-engine plane holds even when PM is travelling for nonofficial reasons. It is a moment of pride for us that he chose it for trial run of a seaplane which has a huge potential. It's third flight for the day took off around 10.45 am and had the PM onboard. The one-year old aircraft is registered in the US and information culled from Federal Aviation Administration website, shows its registered owner as "Bank of Utah trustee''.
Source:Times of India
December 12, 2017 19:18 UTC
"I hope no Kejriwal comes out of my movement again," he told reporters here after addressing a public meeting. Delhi Chief Minister and Aam Aadmi Party (AAP) supremo Arvind Kejriwal had taken part in Hazare's anti-corruption movement in 2011. Subsequently, he had parted ways with the social activist and launched his own political outfit. He accused the erstwhile UPA government at the Centre of failing to act on the Jan Lokpal Bill. Both the Congress and the BJP are guilty (in this regard)," the 80-year-old social activist said.
December 12, 2017 18:58 UTC
more-inThree members who are part of the House committee set up to look into the alleged irregularities in the laptop scheme have submitted a dissent note to Chairman of the Legislative Council D.H. Shankaramurthy. The committee has decided to allow the Department of Higher Education to call for tenders for laptops even though a majority of the members have opposed the move. The tenders were for procurement of laptops for certain sections of students in government colleges for the 2017–18 academic year. Technical advisory panelA source said the three members who submitted a note to Mr. Shankaramurthy demanded that a new technical advisory panel (TAP) be formed to redefine the specifications for calling the tender. Ajay Nagabhushan’s letter to the Chief Secretary after he was transferred from the post of the Commissioner, Department of Collegiate Education.
more-inThe State capital is among 20 municipalities and cities from 13 States in the country to join the urban solid waste management initiative launched in New Delhi on Tuesday to achieve 100% source segregation of waste by October 2, 2019. “The main agenda is to give participating cities a platform to exchange knowledge on solid waste management (SWM),” says Chandra Bhushan, Deputy Director General, CSE. The initiative comes close on the heels of the Union Ministry of Housing and Urban Affairs’ (MoHUA) countrywide campaign from June 5 to segregate waste at source. But, ensuring segregation at source requires infrastructure for segregating, transporting and processing the waste, and tough compliance systems. Besides Thiruvananthapuram, Alappuzha, three municipal authorities from Delhi-New Delhi Municipal Corporation, East Delhi Municipal Corporation and South Delhi Municipal Corporation and urban bodies of Bengaluru, Patna, Gurugram, Imphal, Gangtok, Greater Hyderabad, Bhopal, Indore and Mysuru figure in the list of local bodies.
more-inThe State’s performance in palliative care has drawn world attention, said Chief Minister Pinarayi Vijayan while inaugurating the ‘Sneham’ Medical Palliative Care society at the district medical office here on Tuesday. This is the first time in the State that a local self-government institution has started a charitable society for palliative care, district panchayat president V.K. The Chief Minister also inaugurated the ‘Snehasparsham’ scholarship scheme at the function. Mr. Vijayan called for collective participation from all sections of society to ensure better palliative care for both disease-ridden and old-age patients. He appreciated the ‘Sneham madhuram’ programme, which is a relief fund for palliative patients created with contribution from school students.
Actor Prakash Raj participing in the walk from Farangipet to Mani in Dakshina Kannada on Tuesday. more-inActor Prakash Raj, who participated in the ‘Walk for harmony’ led by Minister in charge of Dakshina Kannada B. Ramanath Rai from Farangipet to Mani on Tuesday, urged people to raise their voices against persons trying to engineer communal trouble. At a rally at Mani after the padayatra that covered 22 km on Mangaluru–Bengaluru highway, Mr. Raj said the electorate should decide wisely and not cast their vote to persons creating communal tension. You all know the persons who are trying to spoil communal harmony. Mr. Raj said the goal of the padayatra was to stand against forces that profess murder for a murder.
BSE Ltd on Tuesday said it is taking seven companies to National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) for non-payment of annual listing fees. The exchange has identified 130 such companies and in the first round, it has already filed insolvency proceedings against seven. These companies are not able to pay their listing fees, so should an investor remain invested them or not?” said Ashish Chauhan, managing director and CEO of BSE. A query sent to NSE on whether it was also contemplating taking companies to NCLT on non-payment of listing fees, was not answered. An exchange with its listing fees dues would be considered as operational creditor.
December 12, 2017 18:56 UTC
Foreign Secretary S. Jaishankar and Defence Secretary Sanjay Mitra at the inaugural “2+2 dialogue” with Australia in New Delhi on December 12, 2017. Photo: @MEAIndiamore-inContinuing with the strategic bilateral discussion, Australia and India on Tuesday discussed the need to maintain the Asia-Pacific region as a “free” and “open” zone under the “2+2” dialogue model which includes the foreign and defence secretaries of both sides. The discussion was the first meeting of this level since the two sides participated in the quadrilateral discussion for a new strategic partnership targeting the Asia-Pacific region. Freedom of navigationThe “2+2” dialogue of Tuesday was held between Foreign Secretary S. Jaishankar and Defence Secretary Sanjay Mitra and their Australian counterparts Frances Adamson and Greg Moriarty. “All aspects of bilateral relations with a focus on strategic and defence relations between the two countries were reviewed,” the MEA said.
December 12, 2017 18:33 UTC
Mumbai: Angel investments in business to business (B2B) start-ups have seen an uptick, with B2B investments contributing to 40% of total investments in the 15 months to June 2017, according to a report by venture debt provider Innoven Capital. B2B investments contributed to 25% of total angel investments in the previous year, the report said. The Innoven Capital: India Angel Report takes into account investments made by five major angel groups—Indian Angel Network, Mumbai Angels, The Chennai Angels, Hyderabad Angels and Calcutta Angels. However, total angel investments saw a downward trend in the period with angel investors committing Rs101.1 crore across 54 deals. Lack of clarity around taxation issues and a more cautious investment approach by angel investors are some of the reasons for the slowdown in angel investments, said Sharma.
December 12, 2017 18:33 UTC
more-inDemanding that Prime Minister Narendra Modi and Finance Minister Arun Jaitley withdraw the Financial Resolution and Deposit Insurance (FRDI) Bill 2017, Karnataka Pradesh Congress Committee working president Dinesh Gundu Rao on Tuesday said it will affect the common man who has already been hit owing to demonetisation and Goods and Service Tax. “I will call a meeting of Congress MPs from Karnataka and ask them to oppose the FRDI Bill when it comes up for debate in Lok Sabha and Rajya Sabha. I demand that the Prime Minister and Finance Minister withdraw it immediately,” he told presspersons here. Terming the FRDI Bill disastrous for the common man, he said: “The Bill provides for a bail-in, which allows the financial institution to cancel a liability owed by the bank or change the form of an existing liability to another security. “We urge the Joint Committee of Parliament, which is reviewing the Bill, to kindly reconsider allowing such a draconian provision.
Since Bescom did not have emergency power purchase this year, the quantum of hike proposed is lower than last year. more-inThe Bangalore Electricity Supply Company’s (Bescom) experimental “telescopic tariffs”, under which three additional slabs were created for domestic consumers in urban areas, appears to have paid off. “Last year, we also had emergency power purchase (owing to breakdown of the Sharavathi Hydro Power Station) but there was no such thing this time,” he said. Among Bescom’s reasons for the need to have a separate tariff from the other four electricity supply companies (Escoms) was the difference in the consumer base. They also pointed to the high power purchase costs and the large number of industries that Bescom caters to.
more-inActor and politician Upendra, who launched the Karnataka Pragnyavantara Janata Paksha (KPJP) donning a khakhi shirt of auto drivers, is thrilled over getting autorickshaw as his party’s symbol because of the vehicle’s close association with Kannada cinema. The Election Commission of India accorded this symbol to KPJP on Saturday. “Autorickshaw signifies the common man and khakhi shirt is symbolic of the working class,” said Mr. Upendra. Though KPJP had mentioned five options for the symbol, its priority was to get autorickshaw. The draft manifesto, which will be ready by the week-end, will be circulated online for public discussion,” he said.
more-inAhead of the second phase of polls in Gujarat, the Election Commission on Tuesday said there was no room for any electoral malpractice during the first phase of the Assembly elections due to its robust security and administrative protocols for the handling of Electronic Voting Machines (EVMs) and Voter Verifiable Paper Audit Trail (VVPATs). The Commission, in a statement, reassured the voters that “it would leave no stone unturned in preserving the purity, integrity and credibility of the elections and reinforcing the faith and trust of the people in the electoral democracy of our country.”The EC said it had put in place an elaborate framework of administrative system, security protocols and procedural checks and balances in Gujarat, which prevented any possible misuse of the machines or any procedural lapses in their use. The safeguards were being implemented transparently “with the active and documented involvement of political parties, candidates and their representatives at every stage.”
Apple India posted sales of Rs11,619 crore ($1.8 billion) for the year ended March 2017, compared with Rs9,937 crore in the year-ago period. According to documents posted with the Registrar of Companies on Tuesday, Apple India Pvt. In the preceding 12 months ended March 2016, Apple India had reported a growth of 53%. Apple did not disclose a reason for the slowdown in the pace of growth in India, although experts tracking Apple attributed it to two reasons. And so that’s India,” added Cook.
December 12, 2017 18:22 UTC
Air Deccan was founded in 2003 and merged with Kingfisher Airlines in 2008, which was later grounded under financial duress. Photo: ReutersNew Delhi: Air Deccan, India’s first domestic low cost airline, is set to relaunch operations this month with what it is remembered for the most—Re1 airfares. Air Deccan, founded by G.R. Air Deccan, which has the tagline “Simplifly”, will brand its entry with a “the common man takes to the skies” logo designed by cartoonist the late R.K. Laxman. However, Air Deccan is yet to finalize their schedule,” it added.
December 12, 2017 18:22 UTC