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PM Modi inaugurates 5.21 lakh houses of PMAY scheme beneficiaries in Madhya Pradesh

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Addressing the programme via video conferencing, Modi said his government has given topmost priority to providing houses to the poor people.Modi inaugurates 5.21 lakh houses of PMAY scheme beneficiaries in MP -  Koshur Samachar

Prime Minister Narendra Modi on Tuesday inaugurated 5.21 lakh houses of beneficiaries of the Pradhan Mantri Awas Yojna (PMAY)-Gramin in Madhya Pradesh while participating in the ‘Grah Pravesham’, a ceremony to hand over new houses to their owners.

Addressing the programme via video conferencing, Modi said his government has given topmost priority to providing houses to the poor people.

So far, 2.5 crore houses have been constructed under the PMAY scheme in the country, including two crore in rural areas, he said.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan participated in the programme from Chattarpur in the state.

On the occasion, PM Modi also said that under the Nal-Jal scheme in the country, six crore families were provided pure water tap connections in their houses.

Besides, over four crore fake ration cards have been cancelled since 2014 by the present government in the country to prevent theft of food grains worth crores meant for the poor, the PM said.

“We have the policy to ensure that even the last man in the queue gets the benefit of government schemes,” he said.

 Modi also called upon people to take a vow to construct 75 ‘amrit sarovar’ (ponds) in every district of the country over the next 12 months, as the nation marks 75 years of its independence.

Ukraine, Russia hold new talks in Turkey aimed at ending the fighting

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The first face-to-face talks in two weeks between Russia and Ukraine began Tuesday in Turkey, raising flickering hopes there could be progress toward ending a warUkraine

The first face-to-face talks in two weeks between Russia and  began Tuesday in Turkey, raising flickering hopes there could be progress toward ending a war that has ground into a bloody campaign of attrition.

Ahead of the meeting in Istanbul, the Ukrainian president said his country is prepared to declare its neutrality, as Moscow has demanded, and is open to compromise over the contested eastern region of Donbas comments that might lend momentum to negotiations. But he warned the ruthless war continued, and even the negotiators assembled, Russian forces hit an oil depot in western  and a government building in the south.

Turkish President Recep Tayyip Erdogan told the two sides that they had a historic responsibility to stop the fighting.

We believe that there will be no losers in a just peace. Prolonging the conflict is not in anyone's interest, Erdogan said, as he greeted the two delegations seated on opposite sides of a long table. Also in the room was Roman Abramovich, owner of Chelsea Football Club.

A longtime ally of Russian President Vladimir Putin who has been sanctioned by Britain and the EU, the billionaire has been playing an unofficial mediating role. Kremlin spokesman Dmitry Peskov said Abramovich has been ensuring certain contacts between the Russian and Ukrainian sides and that his role was approved by both countries.

Putin's aim of a quick military victory has been thwarted by stiff Ukrainian resistance but still hopes were not high for a breakthrough. Reflecting skepticism among Ukraine's Western allies, British Foreign Secretary Liz Truss said she thought the Russian president was not serious about talks.

In fighting that has devolved into a back-and-forth stalemate, Ukrainian forces retook Irpin, a key suburb northwest of the capital, Kyiv, President Volodymyr Zelenskyy said late Monday. But he warned that Russian troops were regrouping to take the area back.

We still have to fight, we have to endure, Zelenskyy said in his nighttime video address to the nation. This is a ruthless war against our nation, against our people, against our children.

He also lashed out at Western countries, which he has repeatedly accused of not going far enough in either sanctioning Moscow or supporting  with weapons. As a result, Ukrainians were paying with their lives, he said.

If someone is afraid of Russia, if he or she is afraid to make the necessary decisions that are important to us, in particular for us to get planes, tanks, necessary artillery, shells, it makes these people responsible for the catastrophe created by Russian troops in our cities, too, he said. Fear always makes you an accomplice.

A missile struck an oil depot in western Ukraine late Monday, the second attack on oil facilities in a region that has been spared the worst of the fighting. On Tuesday morning, an explosion blasted a hole in a nine-story administration building in Mykolaiv, a southern port city that Russia has unsuccessfully tried to capture.

A gaping hole could be seen in the center of the building in a photo posted on the Telegram channel of the regional governor, Vitaliy Kim. He said most people escaped the building and rescuers were searching for a handful of missing people.

It's terrible. They waited for people to go to work before striking the building, he said. I overslept. I'm lucky.

Earlier Russia-Ukraine talks, held in person in Belarus or by video, failed to make progress on ending a more than month-long war that has killed thousands and driven more than 10 million Ukrainians from their homes including almost 4 million from their country.

Russia has long demanded that Ukraine drop any hope of joining NATO, which Moscow sees as a threat. Zelenskyy indicated over the weekend he was open to that, saying Ukraine was ready to declare its neutrality, but he has stressed that the country needs security guarantees of its own as part of any deal.

As well as Irpin, Ukrainian forces also seized back control of Trostyanets, south of Sumy in the northeast, after weeks of Russian occupation that has left a landscape devastated by war.

Arriving in the town Monday shortly afterward, The Associated Press saw the bodies of two Russian soldiers lay abandoned in the woods and Russian tanks lay burned and twisted. A red Z marked a Russian truck, its windshield fractured, near stacked boxes of ammunition. Ukrainian forces piled atop a tank flashed victory signs. Dazed residents lined up amid charred buildings seeking aid.

It was unclear where the Russian troops went, under what circumstances they fled and whether the town will remain free of them.

Ukraine, meanwhile, said it would try to evacuate civilians from three southern cities on Tuesday. Deputy Prime Minister Iryna Vereshchuk said humanitarian corridors would run from heavily bombed Mariupol as well as Enerhodar and Melitopol. The latter two cities are under Russian control, but Vereshchuk didn't address to what extent Moscow had agreed to the corridors, except for saying 880 people fled Mariupol a day earlier without an agreement in place.

In other developments:

The head of the United Nations' nuclear watchdog arrived in Ukraine to try to ensure the safety of the country's nuclear facilities. Russian forces have taken control of the decommissioned Chernobyl plant, site in 1986 of the world's worst nuclear accident, and of the active Zaporizhzhia plant, where a building was damaged in fighting.  Atomic Energy Agency chief Rafael Mariano Grossi said the war is putting Ukraine's nuclear power plants and other facilities with radioactive material in unprecedented danger.

Russia has destroyed more than 60 religious buildings across the country in just over a month of war, with most of the damage concentrated near Kyiv and in the east, Ukraine's military said in a post Tuesday.

Bloomberg News said it has suspended its operations in Russia and Belarus. Customers in both countries won't be able to access any Bloomberg financial products and trading functions for Russian securities were disabled in line with  sanctions, it said. Bloomberg Philanthropies pledged $40 million, meanwhile, in support for Ukrainians and refugees.

Putin's ground forces have become bogged down because of the stronger-than-expected Ukrainian resistance, combined with what Western officials say are Russian tactical missteps, poor morale, shortages of food, fuel and cold weather gear, and other problems.

In response, Russia appeared to be concentrating more on Donbas, the predominantly Russian-speaking region where Moscow-backed rebels have been waging a separatist war for eight years, the official said.

While that raised a possible face-saving exit strategy for Putin, it has also raised Ukrainian fears the Kremlin aims to split the country, forcing it to surrender a swath of its territory. Still, Zelenskyy's comments that he was open to compromise on the region indicated a possible path for negotiations.

SMSes pertaining to FPO not issued by the company, says Ruchi Soya

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Ruchi Soya Industries has filed a first information report in Haridwar to investigate the origin of the messages doing the rounds on social media

Ruchi Soya

 Industries has said that the SMSes pertaining to  in its follow-on public offering (FPO) have not been issued by the company or its promoters. The company has filed a first information report to investigate the origin of the messages doing the rounds on social media.

“We understand that there is a SMS/message in circulation in social media, speculating about investment opportunity in our company’s issue and about equity shares of our company being available at discount to the market price. We wish to bring to attention of the investors that this message has not been issued by our company or any of our directors, promoters, promoter group or group . A first information report bearing number 0188 dated March 27, 2022 has been logged by our company with a police station at Haridwar to take up investigation in respect of the message, under section 67A of the Information Technology Act, 2000 and section 420 of the Indian Penal Code, 1860,”  said in a newspaper advertisement.

The Securities and Exchange Board of India (Sebi) has directed  Industries to give the investors who participated in its Rs 4,300-crore follow-on public offering (FPO) the option to withdraw their bids due to “circulation of unsolicited SMSes advertising the issue”.

Ruchi Soya, in the advertisement, has stated that the last day for withdrawal of bids will be Wednesday. The company has also issued an indicative timeline for listing of the new shares that are being issued in the FPO. As per the timeline, the new share will list “on or about” April 8.

Sebi’s diktat to the company follows a message circulated on social media which said that the FPO was a “good investment opportunity” and that the shares were available at 30 per cent discount.

“Great  for all beloved members of Patanjali parivar. A good investment opportunity in Patanjali Group. Patanjali Group company - Ruchi Soya Industries has opened the Follow-On Public offer(FPO) for retail investors. The issue closes on 28 March 2022. This is available in the price band- Rs 615-650 rupees per share , i.e discount of about 30 per cent to market price. You can apply for shares through your bank/ broker/ ASBA/UPI in your Demat account,” read the message.

In a letter to the three investment bankers handling Ruchi Soya’s share sale,  has said prima facie the contents of the SMSs appear to be “misleading/fraudulent” and not in consonance with the ICDR (Issue of Capital and Disclosure Requirements) Regulations.

Ruchi Soya’s FPO, which closed on Monday, has garnered 3.6 times subscription. The issue was undersubscribed in the retail category at 90 per cent but saw strong demand in all the other categories.

Shares of Ruchi Soya dropped 6 per cent on Monday to close at Rs 815. The company priced its FPO in the range of Rs 615 and Rs 650 per share – 20 to 25 per cent lower than the last close.

Baba Ramdev-led Patanjali Ayurved owns 98.9 per cent in Ruchi Soya, while only 1.1 per cent is with the public. With a miniscule free-float, there are doubts over whether trading in Ruchi Soya’s shares is leading to fair price discovery.

Following the FPO, Patanjali’s shareholding is expected to reduce to 81 per cent, while public shareholding will rise to 19 per cent. The move would help the stock discover its fair price, experts say.

Also Read:-Goa cabinet decides to provide 3 cooking gas cylinders free to households

Goa cabinet decides to provide 3 cooking gas cylinders free to households

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Chief Minister Pramod Sawant made the announcement on Monday after chairing the first meeting of the new cabinet, comprising him and eight other ministers.இல்லத்தரசிகளுக்கு 3 சமையல் எரிவாயு சிலிண்டர்கள் இலவசம்- கோவா அரசு முடிவு || Goa  cabinet decides to provide 3 cooking gas cylinders free to households

The Goa government has said it will provide three cooking gas cylinders free of cost to households in the coastal state, as promised by the BJP in its election manifesto. Chief Minister Pramod Sawant made the announcement on Monday after chairing the first meeting of the new cabinet, comprising him and eight other ministers.

In a tweet on Monday evening, Sawant said, Chaired the first meeting after taking oath as CM. The Cabinet has decided to formulate the 3 free cylinder scheme as promised in the BJP manifesto from the new financial year. Before the Goa Assembly elections held last month, the BJP had in its poll manifesto promised three LPG cylinders free of cost per year, if voted to power.

Sawant also told reporters on Monday that resumption of iron ore mining and creating employment were his priorities during the current tenure. On his opponents referring to him as an accidental CM, Sawant said this time he is elected and not selected as the state's chief minister.

Sawant had taken charge of the top post in 2019 after the death of then CM Manohar Parrikar. In the recently concluded Assembly elections, which the BJP fought under Sawant's leadership, the party won 20 seats in the 40-member House.

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