Jaiprakash Power Ventures' second quarter revenue rose 5.1% year-on-year, while profit before exceptional items and tax climbed nearly 79%. A Rs 511 crore provision for a settlement with NARCL weighed on earnings this quarter. JP Power Ventures's consolidated net profit fell 81.7% year-on-year to Rs 33.34 crore in the quarter ended Sept 30, compared with Rs 182 crore in the year-ago period. The decline followed a Rs 511 crore exceptional charge towards a proposed full-and-final settlement with the National Asset Reconstruction Company Ltd. (NARCL) over a corporate guarantee furnished by the company for loans to Jaiprakash Associates. Net profit fell 81.7% to Rs 33.3 crore as compared to Rs 182 crore the previous year in the same period. Revenue from operations increased 5.1% year-on-year to Rs 1,512.12 crore from Rs 1,438.30 crore. Total income rose to Rs 1,579.34 crore from Rs 1,478.49 crore. The company's September-quarter earnings therefore reflect the impact of ...
Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday said if the country was united 500 years ago, it would not have faced colonialism as he cited the construction of Ram temple that was completed in just two years due to the "unity" among 'Sanatanis'.
Addressing a gathering of saints and seers from across the country, Yogi Adityanath said the Ram temple issue was resolved after more than 500 years and the sacrifices of several generations under Prime Minister Narendra Modi's leadership.
"Had the country been united 500 years ago, it would not have faced colonialism," Yogi Adityanath said at the event.
The Chief Minister made the remarks after unveiling the grand Shri Rajagopuram Gate of Sugriva Fort in Ayodhya, according to an official statement.
"Memories of our past inspire us to guide society in the right direction. Unity is our greatest strength and when we stand together, no force in the world can weaken us," he said.
Referring to the construction of the Ram temple, Yogi Adityanath credited the unity among the followers of Sanatan Dharma as the foundation of the historic achievement.
He called for a firm stand against forces that weaken religion and society and urged people to distance themselves from anything harmful to the nation and to expose and isolate such elements.
"Exposing such elements and isolating them from society should be the work of religion," he said.
Highlighting the significance of Sugriva Fort, the chief minister shared its historical connection to Devaraha Baba and Lord Ram's exile.
He said that Bharat had prepared this site for Shri Ram's stay. The once narrow path to the fort has now been widened, making it more accessible, Yogi Adityanath said, adding that it was an integral part of Ayodhya's growth.
"Ayodhya is now not only a religious and spiritual centre but is also developing as the most beautiful city in the world," he added. The chief minister highlighted that the construction of an International Airport at Ayodhya has been completed. He emphasised that it is the responsibility of the people of Ayodhya to protect and preserve this heritage.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
from NDTV News- Special https://ift.tt/1TnO6gz
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