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 ...
A recent investigation by media organisations has shed light on the tragic death of Ukrainian journalist Viktoriia Roshchyna, who was captured by Russian forces in 2023 while reporting on the illegal detention and torture of Ukrainians in the occupied region of Zaporizhzhia. According to a forensic examination of her body, Roshchyna, 27, suffered extensive torture and ill-treatment, including "abrasions and hemorrhages on various parts of the body, a broken rib, neck injuries, and possible electric shock marks on her feet," as described by Yuriy Belousov, head of the War Crimes Unit at the Ukrainian Prosecutor General's office. Belousov also noted that Roshchyna's body showed signs of an autopsy having been performed before it was returned to Ukraine, and that some of her organs were missing. The missing organs could signal that Russia attempted to hide the cause of death, possibly to conceal that it had committed a war crime, Belousov said. Roshchyna's colle...