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Asia’s richest man Mukesh Ambani, Did Not Take Any Salary in FY21 Amid COVID

Asia’s richest man Mukesh Ambani, Did Not Take Any Salary in FY21 Amid COVID

Mukesh Ambani, the richest person in Asia No salary received from Reliance Industries for the year 2020-21. The annual report states the Reliance President’s compensation for fiscal year 2020-2021 is zero.

Abani decided to forgo his salary due to the deadly Koran virus outbreak in India. According to the company in June of last year.

The CEO of Reliance received a salary of Rs 15 million from his company last year. He received the same salary at home from 2008-2009.

Among full-time executives and managers, Nikhil R Meswani and Hital R Meswani earned 24 million rupees last year. Both have commissions worth Rs.17.28 crore per person.

The CEOs of PM S Prasad and Pawan Kuman Kapil see their pay increase in 2020-21 as they receive two years of performance-related incentives.

Prasad earned Rs.11.99 crore last year from Rs.11.5 crore in 2019-20. Kapil’s compensation rose to Rs. 4.24 crore in FY2021 from Rs.4.04 crore in FY 2020. In addition to Mukesh Ambani, the Board of Directors Reliance Industries also has brothers Meswani, Prasad, and Kapil as its board members.

Nita Ambani, Non-Executive Director on the Company’s Board of Directors Earn Rs 8,000,000 parlor and Rs 1.65 crore commission for the year.

In addition to Nita Ambani, other non-executive directors include Yogendra P Trivedi, Dipak C Jain, Raghunath A Mashelkar, Adil Zainulbhai, Raminder Singh Gujral, Shumeet Banerji, Arundhati Bhattacharya, and KV Chowdary. All independent directors receive 65 1.65 commissions. million for the year, except for meeting fees up to 36 36 million.

“Despite unprecedented challenges, But we are still pursuing our development plan across all businesses,” said Mukesh Ambani. “In a volatile environment, Reliance generated EBITDA of Rs.97,58 crore ($13.3 billion), which was 4.6% lower than last year.

Also Read: Alapan Bandyopadhyay did not come to Delhi again, the center has very limited options

Its diversified profit flow and flexible consumer business have helped the company explore unprecedented wind turbines.” Reliance recorded a total net profit of Rs. 53.739 crores ($7.4 billion) during the year, an increase of 34.8 percent. year-on-year,” he added.

“Our consumer company maintained a leading position and recorded strong growth in all operating and financial parameters during the year. Despite the difficult obstacles “They now account for nearly 50% of the consolidated EBITDA segment, compared to 36% in fiscal 2019-20,” he said.

Jio Platforms and Reliance Retail, during the year, raised Rs.1.52,056 crore and Rs.47,265 crore respectively from strategic and financial investors including Facebook and Google. Refining Retail Group completed the biggest rights issue. of India at Rs.53,124 crore (1.59 over)

During the year, RIL paid $7.8 billion in long-term foreign currency debt. It requires the necessary approval from the RBI. The report says this is the highest debt settlement ever undertaken by a borrower in India.

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India lags behind China and Pakistan in nuclear weapons, but not worried

India lags behind China and Pakistan in nuclear weapons, but not worried

India is confident of its blocking power, which will get more punches with the ongoing launch of Agni-V missiles by Rafale troops, as well as the launch of the INS Arighat submarine this year, although it is still far behind in comparison to China and Pakistan with a number of nuclear warheads.

China now has 350 nuclear warheads, while Pakistan has 165, compared to 156 in India, according to a recent study by the Stockholm International Peace Institute (SIPRI) released on Monday.

Nine nuclear powers have some 13,080 nuclear weapons, Russia (6,255) and the United States (5,550) ahead of the others. Others are France (290), United Kingdom (225), Israel (90), and North Korea (40-50). These numbers are, in fact, inaccurate because countries generally keep their nuclear weapons programs secret.

In addition to Russia and the United States, seven other countries developed or developed new weapons systems. “China is in the midst of modernization and proliferation of nuclear weapons, while India and Pakistan also seem to be expanding their nuclear resources,” SIPRI said.
The report comes at a time when India and China have been locked in a military coup east of Ladakh, which erupted in May last year, with no signs of slowing down. However, Pakistan’s new suspension has been in effect since February.

Indian authorities say demolition systems such as ground-based missiles and submarine-powered submarines (called SSBNs), “capable of secured second attacks”, are a better strategy than the actual number of warheads.

“Nuclear weapons are designed to prevent, not fight. Of course, Pakistan has benefited from the proliferation of nuclear weapons with China and North Korea.” However, India is doing well in developing and stabilizing its own methods of preventing domestic use. “

The Strategic Command Force, for example, now introduces the Agni-V arrow of more than 5,000 kilometers, bringing all of Asia and China as well as parts of Europe and Africa into its strike record behind the small archers.

Similarly, the new Rafale aircraft has strengthened the existing “air transport” to deliver nuclear bombs following the modification of the Sukhoi-30MKI, Mirage-2000, and Jaguars in this role.

However, a third of the “nuclear power” is still unreliable. India currently has only one SSBN in the INS Arihant, with a nuclear artery range of 450 kilometers. Countries like the US, Russia, and China have SSBNs with more than 5,000 km of arrows.

India has three more SSBNs under development, INS Arighat is operational this year after a delay. Testing for the development of K-4 missiles, with a distance of 3,500 kilometers, has also been completed, but installation is still a long way off, as previously reported by TOI.

Pakistan has so far lacked offshore particles, although it has examined the 450-mile-long Babel-3 missiles for standard diesel-powered ships. China, after all, has a fleet of 094 or Jin submarines, equipped with 7,400 km JL-2.

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Pakistan hikes petrol prices by Rs 2.13 per liter, now the price is Rs 110.69

Pakistan hikes petrol prices by Rs 2.13 per liter, now the price is Rs 110.69

In a shocking turn of events, the Imran Khan government on Tuesday increased Pakistan’s oil prices by 2.13 Rs a liter.
The Treasury has approved an increase of 2.13 Rs/liter of fuel and an increase of 1.79 Rs/liter for the price of High-Speed ​​Diesel (HSD), reports Geo News.

An announcement by the department also stated that the price of kerosene would increase by Rs 1.89 / liter and that diesel prices would increase by Rs 2.03 per liter.

Petrol prices increased by 2.13 percent, HSD 1.79%, paraffin 1.89%, and light diesel 2.03%, Geo News reported.
The increase now means that petrol will now cost 110.69 Rs, HSD 112.55 Rs, kerosene 81.89 R, and less diesel will cost 79.68 R per liter.

Last week, Finance Minister Shaukat Tarin said oil prices would rise next month as talks with the International Monetary Fund (IMF) continue to boost revenue collection.

Commenting on the “Naya Pakistan” program, he said the oil donation would increase to 600 billion rupees in the next financial year, so the contribution should be increased from 20 to 25 R per liter, while currently the contribution of 5 liters each.

Asked if Pakistan could withdraw from the International Monetary Fund (IMF) program if the Fund rejected the proposals and complied with its demands, the finance minister said Pakistan would not withdraw from the plan, adding that the IMF had asked Pakistan to present its budget so negotiations would continue.

He also said that Saudi Arabia had agreed to include oil in the deferred tariffs, but did not say how much oil Pakistan would receive.

With unemployment, poverty, and inflation, the Pakistani economy is under pressure and the government plans to take about $ 16 billion in major foreign loans in the next financial year to meet growing foreign public debt needs and to meet budget deficits.

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Delhi Police asks for details of chats related to JNU violence, Google’s answer – bring court order

Delhi Police asks for details of chats related to JNU violence, Google’s answer – bring court order
Students hold placards during a demonstration against the violence that unfolded in Jawaharlal Nehru University (JNU) on January 5, at JNU on January 10, 2020 in New Delhi, India (Getty image)

The Delhi Police Department has written to Google to provide information on 33 members of the two WhatsApp groups following the January 2020 violence at JNU. In response to this, Google claims that such information may be provided only by the police under the Legal Aid Agreement (MLAT) upon receipt of this letter, which is a court order.

On January 5 last year, about 100 masked men attacked Jawaharlal Nehru University (JNU) for about four hours, injuring 36 students, teachers, and staff. The matter was referred to the Department of Crime after the FIR registration, but so far no arrests have been made.

WhatsApp refused to share details: Police have written to WhatsApp and Google asking for details of messages, photos, and videos shared by 33 students and members of two WhatsApp groups “Unity Against Left” and “RSS Friends”. WhatsApp declined to divulge the details, and Google recently sent out a response stating that the information was related to the services provided by Google, a company operating in the United States and governed by U.S. law. it is.

Assurance of data security: The company said it would keep the information secure, but would only disclose it after receiving the MLAT application letter. According to a police source, in such cases, Google is following the embassy procedures established between the requesting authority for information and the US government.

Rogatory Letter is a formal application from a foreign court seeking legal assistance to investigate a foreign institution. The MLAT is an agreement between two or more countries to collect and exchange information in an effort to enforce civil or criminal law.

Email addresses of 33 people were shared to Google: Police shared the email addresses of 33 students and two members of the WhatsApp and Google teams. According to sources, investigators should have done so because no WhatsApp team was found on the phones of students who were asked about the incident. This suggests that the suspects may have deleted their conversations. According to sources, police believe that sharing backups of Google WhatsApp messages will help the investigation.

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Alarm rises in India over COVID-19 risks

Alarm rises in India over COVID-19 risks

With just overcoming the second destructive wave of coronavirus infection, India has received a renewed warning Tuesday as crowds at train stations and shopping malls reduce congestion after a day behind major cities.

The capital New Delhi, in the north, and the technical hub of southern Bangalore, were among the cities that have begun to impose strict restrictions, as the number of new diseases across the country has plummeted in less than two months.

After a strict five-week closure, Delhi authorities have completely reopened shops and supermarkets, allowing restaurants to have 50% seats. Urban railway networks can operate at 50% capacity and offices are partially open.

“Delhi’s top reporter saw 19,000 people crash last weekend – they just opened up. Are we completely crazy?” Ambrish Mithal, a doctor at Max HealthCare Hospital in New Delhi, said this on Twitter. “Wait # COVID19- explode and blame the government, the hospitals, the country.”

Epidemiologists have warned that a war of attrition as a whole will jeopardize vaccination efforts, as only 5% of the 950 million eligible adults have been vaccinated.

Doctors say the full opening of Delhi is worrying. City officials said they would impose stricter limits if necessary.

Thousands died in the capital in May as oxygen cuts were cut with families on social media to find unusual hospital beds. Many died in the parking lots and the dead left the area.

However, the city government said immunization centers for people between the ages of 18 and 44 would begin to close on Tuesday, as capacity was low.

India recorded an average of 2.4 million shots a day. Health officials say the vaccine should be at least four times higher to prevent a third wave of disease.

At the height of the second wave in April and May, 170,000 people died.

Delta diversity, first identified in India, has accelerated disease outbreaks. And worrying that the virus has spread to mainland India where two-thirds of the population lives with the vaccine has slowed down.

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