Russia claims control of Ukraine’s Melitopol

Russia claims control of Ukraine’s Melitopol

• Russia-Ukraine Crisis Live Updates: Russia claims control of Ukraine’s Melitopol According to the statement of the Government of Ukraine, 137 people including soldiers and civilians have been killed by the Russian military so far.

Russia on Friday vetoed a UN Security Council resolution that “strongly” condemned the country’s “aggression” against Ukraine. The resolution also demanded the immediate withdrawal of its troops.

 

Eleven of the 15 members of the council voted in favor of the resolution. China, India and the UAE refrained.

 

The draft resolution, co-written by the United States and Albania, is now expected to be taken up by the 193-member United Nations General Assembly.

 

Meanwhile, Ukrainian President Volodymyr Zelensky warned that Russian troops would attempt to capture Kiev’s capital city before dawn.

Russian President Vladimir Putin launched a full-scale invasion of his former Soviet neighbor on Thursday. Hundreds of Ukrainian soldiers have been killed in military strikes so far, while more than 50,000 have been forced to flee their country.

According to reports, around 100,000 are believed to be internally displaced, and in Kiev, many residents left their homes and took refuge in the city’s metro system.

The invasion of Ukraine began Thursday morning with missile strikes on cities and military bases, followed by a multi-pronged ground attack that brought down troops from areas formerly held by

 

The weeks-long attack by the West amounts to Europe’s most important ground conflict since World War II. It is not clear how much or less the Russian army captured or the casualties.

Russian soldiers marched

Russian Defense Ministry spokesman Major General Igor Konashenkov said his forces had so far knocked down 211 Ukrainian military installations, including 17 command centers, 19 air defense missile systems, 39 radar units, 67 tanks and six warplanes.

 

Russia claims control of Ukraine’s Melitopol

The Russian military also said that it had seized a strategic air base outside Kiev, allowing it to quickly build up forces to capture the capital.

 

Late on Friday, the Russian military said it had captured Melitopol, a city near the Azov Sea. The claim could not immediately be independently verified.

Ukraine-Russia Crisis Live News

Ukraine’s military reported the shooting down of a Russian II-76 transport plane carrying paratroopers near Vasilkiv, a town 40 km (25 mi) south of Kiev. It was unclear how many were on board, but the II-76 is capable of carrying up to 125 paratroopers.

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LIC IPO effect on Policy Holders

LIC IPO: If you are also going to invest in LIC IPO Policy

 

LIC IPO

 

CRISIL’s report states that LIC IPO effect on Policy Holders  82 percent return on equity is much higher than other major insurance companies in the world.

Preparations have begun to launch the country’s biggest IPO. The company has filed draft red herring prospects (DRHP) with SEBI on February 13. The government will sell 4.99% stake of the company’s post offer paid-up share capital. LIC is going to be the biggest LIC IPO of the country. The government has submitted the DRHP on February 13. Accordingly, the Government of India will issue 31.62 crore shares. According to DRHP, the Asset Under Management (AUM) of LIC IPO as of September 2021 is Rs 39.6 lakh crore.

Tuhin Kant Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM), said that LIC’s IPO is purely an offer for sale (OFS). No fresh issue will be issued in this. “The government is going to sell its 5% stake by issuing 31.6 crore shares,” Pandey said.

 

Government will remain the owner of LIC IPO

 

It is the largest life insurance company in the country. The government wants to raise around Rs 90,000 crore by selling stake in this company. This will help the government in meeting the disinvestment target of the current financial year

Apart from this, the government cannot sell more than 25 percent of its stake in LIC during 5 years.

LIC has highest market share

LIC has a market share of 64.1%. According to a report by Crisil, it is the largest life insurance company in the country.

LIC IPO: DRHP of country’s largest LIC IPO handed over to SEBI, government will sell 5% stake

The CRISIL report states that LIC’s 82 per cent return on equity is much higher than other major insurance companies in the world. Chinese insurer Ping has a return on equity of 19.5 per cent, while that of Aviva is 14.8 per cent.

LIC IPO New Business Premium Growth Superb

 

LIC’s profit after tax stood at Rs 1,437 crore in the first half of the financial year 2021-22. Its profit stood at Rs 6.14 crore in the same period a year ago. LIC’s new business premium grew at 554.1 per cent in the first half of this financial year. It is the sixth largest insurance company in the world in terms of total assets with $522 billion.

 

LIC IPO effect on Policy Holders will be the largest listed company in the country

 

According to London-based Brand Finance, the market value of LIC is estimated to reach 43 lakh crores this year. It is expected to increase to Rs 58.9 lakh crore in the next five years i.e. by 2027. In this way, it can remain the largest company in the country for the next several years.

TCS is second in this regard, with a valuation of more than Rs 14 lakh crore.

lic ipo pan update

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ABG workplace ships

ABG workplace ships News

 

ABG workplace ships

ABG workplace ships: The Central Bureau of Investigation (CBI) has registered a case against ABG workplace restricted, its former Chairman and decision maker Rishi Kamlesh Agarwal et al within the biggest bank fraud case.

 

The alleged parties ar aforementioned to own defrauded depository financial institution of India (SBI), and twenty seven different banks and lenders to the tune of over Rs twenty two,842 crore. The CBI has conjointly registered a case against many others within the ABG workplace fraud case.

 

 

Rishi Agarwal ABG workplace ships

 

ABG workplace restricted is in hand by ABG cluster, a firm engaged within the business of construction and ship repair. The construction company relies in Mumbai. the corporate is being promoted by Rishi Aggarwal. The company’s shipyards ar settled at Dahej and Surat in Gujarat. ABG workplace has engineered over a hundred sixty five ships in sixteen years.

 

ABG workplace ships fraud case

 

The loan account of ABG workplace was initial declared as a Non-Performing plus (NPA) in July 2016.

 

ABG workplace, the flagship company of the ABG cluster, is engaged within the business of construction and repair. Promoted by man. Rishi Agarwal, it’s a significant player within the Indian industry. Its shipyards ar settled at Dahej and Surat in Gujarat. the corporate encompasses a construction capability of up to eighteen,000 dead weight duty at Surat workplace and up to one.20 100000 dead weight duty at Dahej Unit.

ABG shipyard tender

 

The company has engineered over a hundred sixty five ships as well as forty six ships for the export market within the last sixteen years. These enclosed specialised vessels like paper carriers, self-discharging and loading bulk cement carriers, floating cranes, attack aircraft boats, dynamic positioning diving support vessels, pusher tugs and flotillas for leading firms in India and abroad. The ships have received category approval from all international classification societies.

 

ABG workplace ships Owner

 

The FIR aforementioned that the worldwide crisis affected the shipping business thanks to fall in demand and costs of products and subsequent  fall in load demand. Cancellation of contracts for a few ships resulted in pile of inventory. This resulted in a very shortage of capital and a major increase within the operational cycle, any combination the liquidity/financial downside.

 

There was no demand for industrial vessels because the business was looking a lag in 2015 similarly. additionally, no new defense orders were issued in 2015. company} was finding it troublesome to realize the envisaged milestones in corporate debt restructuring and, therefore, was unable to pay interest and installments on due dates.

CBI Books ABG workplace ships restricted

 

The company was referred by ICICI Bank to the National Company Law assembly (NCLT), Ahmedabad, for company financial condition resolution method. consequently, a resolution skilled was conjointly appointed. The skilled had earlier filed Associate in Nursing application before the NCLT alleging preferential/low worth transactions and fraud/wrongful commerce by the corporate, that was confirmed by the assembly in 2019, as alleged.

ABG Shipyard News 2022

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Jio Recharge plan 2022 – You will be happy to know this cheapest plan of Jio

WiFi is on and mobile information consumption is low and if you’re a user of Mukesh Ambani’s medium company Reliance Jio, then we have a tendency to square measure reaching to offer you data concerning the most affordable eighty four days validity arrange coming back in but Rs four hundred. . With this Jio arrange, the corporate can offer data concerning what proportion information and alternative edges the corporate is giving to its users, additionally as this.

 

Jio Recharge plan 2022 =

 

 Jio 395 arrange Details – 

With this Reliance Jio postpaid arrange, the corporate offers vi GB high-speed information to its users, at the side of unlimited voice line facility on any network and a thousand SMS also are out there.

 

 Jio 395 arrange Validity: read Validity Details – 

For the knowledge of you folks, allow us to tell you that with this Jio Recharge arrange, the corporate provides validity of eighty four days.

 

 

 Airtel 455 arrange Details – 

With this Airtel postpaid arrange, users get unlimited line facility on any network with vi GB information however one issue that’s price noting is that this arrange offers solely 900 SMS. eighty four days validity is additionally given with this arrange.

 

Amazon Prime Video mobile edition (30 days) with Airtel arrange, Phoebus 24/7 circle membership (for three months), free hi tune, wink music, free on-line courses from Shaw Academy and Rs a hundred cashback on FasTag Is.

 

 Overall, Airtel arrange is costlier by Rs sixty as compared to Jio and offers less SMS however alternative edges square measure a lot of in Airtel arrange.

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