IT Chandigarh

Chandigarh: With chances of a quick profit in the offing, the mega Rs 12,000 crore worth initial public offer (IPO) by Reliance Power Ltd (RPL) from January 15 to 18 has generated tremendous public interest here.

So much so that an industrialist from the region with business deals in Baddi, Himachal Pradesh and Gurgaon, Haryana has reportedly planned to invest Rs 100 crore alone!

The industrialist, who would not like to identify himself, is reportedly all set to borrow Rs 95 crore from a private financial institution and add Rs 5 crore from his own kitty to buy Reliance shares worth Rs 100 crore.

According to sources, the interest alone on the borrowed money would be worth Rs 1.50 crore. Naturally, he would be expecting many times the profit from the deal.

In fact, such is the public enthusiasm for the Reliance IPO, reportedly the largest ever in the country, that thousands of new demat accounts have been opened in the tricity just so that the people can encash the opportunity.

Sources say in anticipation of a fast profit, even the elderly people in the region have been showing great interest in opening new demat accounts. People are also reportedly taking personal loans to invest in the IPO.
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Panchkula: No wonder, mail here travel at a snail’s pace. For, there are only two postmen at the Mansa Devi Post office, which is also a delivery zone for Panchkula, to cater to more than 8,000 houses in the entire Mansa Devi Complex (MDC).

“We are facing a severe staff crunch. But we are managing with what we have. Though the number of letters received for the entire MDC area, which covers sectors 4, 5, Saketri, Bhainsa Tibba village and surrounding villages, runs into thousands, there are only two postmen for the beat,” said an official of the post office, MDC, Panchkula on the condition of anonymity.

Another official at the post office said generally a postman is supposed to attend to around 500 houses in a day. In the case of MDC , however, the number exceeds one thousand, he added.

President of the Forum for Common Cause, Panchkula, Deepak Rai Walia, who is also a resident of the MDC, said, “Postal delays and speed post delays are being experienced in the area. Besides, as the MDC area is being expanded, it is high time that the number of staff is increased for the area.”
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Chandigarh: Air Marshal Gautam Nayyar, Air Officer Commanding-in-Chief (AOC-in-C), Maintenance Command, Indian Air Force, arrived today on a two-day visit at 3 Base Repair Depot (BRD), Air Force, Chandigarh.

On his arrival, Air Commodore S C Luthra, Air Officer Commanding, 3 BRD, Air Force, received him in the airfield. The Air Marshal then attended a high tea with all BRD officers and families, followed by a briefing session where AOC 3 BRD gave a presentation on various activities and progress of the depot.

During his visit, the AOC-in-C will review the progress of various ongoing projects and production for the year at this depot. The Air Marshal is accompanied by his wife Rachita Nayyar, president, Air Force Wives Welfare Association (Regional) who will interact with the ladies of the station and check various welfare activities run by the AFWWA (Local).

Gautam Nayyar started his career as an Engineering Officer at 3 BRD (Base Repair Depot), Air Force Station, Chandigarh. He has made it to the top of the Maintenance Command of the Indian Air Force when he took over as its AOC-in-C.

Source: ENS

Chandigarh: Haryana Chief Minister Bhupinder Singh Hooda today said that the reservation will be made for lawyers in the allotment of residential plots, in the sectors developed by Haryana Urban Development Authority.

This was stated by the Chief Minister after inaugurated a four storey building of the Lawyers Chamber Complex built at a cost of Rs 4.50 crore at Karnal.

Hooda said that the legal fraternity had played a vital role in the national freedom movement. He asked the lawyers to contribute their mite in providing justice to the poor at the lowest cost. Hooda also announced a grant of Rs 10 lakh for the library.

The CM asked the District Administration to identify a suitable piece of land for the construction of additional chambers for the advocates. Justice Jasbir Singh, Administrative Judge of Punjab and Haryana High Court, said that judicial complexes at all the district headquarters of the state will be ready in one and a half years.

Amar Jit Singh Sahni, President Karnal Bar Association, appreciated the effort of the state government in providing a better working atmosphere to the advocates. Those present on the occasion included Arvind Sharma, MP, Kuldeep Sharma, Working President HPCC, Meena Mandal, Cooperative Minister, Dharamvir Singh, Chief Parliament Secretary, Prof Virender Singh, Political Advisor to CM, Sumita Singh, Rajrani Poonam, Jai Singh Rana, all MLAs, District and Session Judge PL Ahuja and former MP, Tara Singh.

Source: ENS

Chandigarh: The Haryana government has forwarded two schemes, namely Siwani Canal Command Project and Loharu Canal Command Project at a total cost of Rs 405.97 crore, to the Union Ministry of Water Resources.

This was stated today by Irrigation Minister Capt Ajay Singh Yadav, while presiding over the meeting of Command Area Development Authority (CADA), regarding repair of watercourses. Capt Yadav said that CADA has envisaged two schemes, Siwani Canal Command Project costing Rs 227.16 crore, and the Loharu Canal Command Project costing Rs 178.81 crore. The schemes have been forwarded to the central government.

The Minister said that Haryana government will spend Rs 60.40 crore during the current financial year for implementing various schemes of CADA in the state. He stated that out of this, a sum of Rs 36.49 crore has already been spent.

Capt Yadav pointed out that the Bhakhra Canal Command, Western Jamuna Canal (WJC) Phase-IV and WJC Phase-VI will be undertaken during the current financial year. Capt Yadav directed that a division of CADA be shifted from Hisar to Narnual immediately, so that the work at Mohindergarh and Rewari districts does not suffer more.
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Chandigarh: Punjab’s literate lot has a reason to feel embarrassed. The state, which bears the stigma of having the poorest sex ratio in the country (876), may feel proud of its illiterates.

A data compiled by the Health Department on sex ratio at birth, based on the level of education, reveals that illiterate population in the state is far better than the educated lot.

The literate in the state have a dismal ratio of just 749 girls per 1,000 boys at birth, against 845 girls among the illiterate. The undergraduates, graduates and others with higher degrees have the ratio of 721 girls at birth. But the illiterates are better off by a startling 113 point over graduates,” said Dr V K Goyal, State Controller for the PNDT Act.

“For illiterates, it’s like blissful ignorance. The damaging trend among others is on account of the awareness about techniques of sex determination and abortions,” he said.

As Punjab awaits the next census, hoping to wipe off its poor sex ratio blemish, the state’s efforts on this front have started to yield results.
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