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Page 1: o$~«wdmar 2020 13 · 4 Friday 14 February 2020 National ACTIVE TIMES NEWS BOX NATIONAL Pratapgarh (UP) The father and two uncles of a 23-year-old woman have been arrested in …
Page 2: o$~«wdmar 2020 13 · 4 Friday 14 February 2020 National ACTIVE TIMES NEWS BOX NATIONAL Pratapgarh (UP) The father and two uncles of a 23-year-old woman have been arrested in …

National ACTIVE TIMES4 Friday 14 February 2020

NEWS BOX

NATIONAL

Pratapgarh (UP) The father and two uncles of a 23-year-old woman have been arrested in Pratapgarh for allegedly beating her to death in May last year.The father and uncles claimed that the woman had gone missing.The murder of the woman came to light during investigations when a trader known to her father was shot at and injured by a man who reportedly was in love with the w o m a n . A c c o r d i n g t o Pratapgarh Superintendent of Pol ice, Abhishek Singh, woman's father and two uncles h a v e b e e n a r r e s t e d o n Wednesday on charges of m u r d e r a n d c o n c e a l i n g evidence.The family had not only performed the young woman's last r i tes in a clandestine manner on May 14, but also thrown her mobile phone into her pyre.A day later, the accused trio, along with local trader, had visited Antoo police station and lodged a missing case.Investigations revealed that the woman was in love with a man and had even married him at a temple.

The husband told police that the couple had planned to legalise their wedding in court soon.

However, one day, woman's father and uncles caught them talking. While the husband managed to escape, the woman was dragged back home and beaten so mercilessly that she died. Her family hastily performed her last rites at Singhani Ghat on the banks of Ganga.The SP said the missing case had almost hit a dead end when two youths - Ajay Pasi and Pawan Saroj - were arrested in connection with the November 11 gun attack on trader.Ajay Pasi claimed that he loved the woman and had attacked the trader because he suspected that h e h a d a r o l e i n h e r disappearance.

Coronavirus outbreak stops supply of Chinese products, Mumbai traders wary of future

Karnataka bandh: Protesters hurl stones at bus in Farangipet, CM invites pro-Kannada outfits for talks

The committee, headed by former Union minister Sarojini Mahishi, was constituted in 1984 to recommend job opportunities for Kannadigas in Karnataka. It submitted the report two years later.

The protest call has been given by the 'Karnataka Sanghatanegala Okkoota', comprising a few factions of 'Karnataka Rakshana Vedike (KRV)'. It also has backing of Ola-Uber cab drivers' association, a few

New Delhi Normal life in Karnataka was affected auto unions, associations of farmers, street on Thursday during a 'bandh' called by some vendors, trade unions and transporters.Kannada outfits demanding implementation of Representatives of protesting organisations BS Yediyurappa, meanwhile, appealed to the a over three decades-old report of a committee will later in the day submit a memorandum to organisations not to cause any inconvenience to on providing more jobs for Kannadiga youths in Yediyurappa demanding implementation of the the public. Saying his government is pro-t h e g o v e r n m e n t a n d t h e p r i v a t e report.The All India Trade Union Congress and Kannada, Yediyurappa said, "Those agitating, if sectors.Protesters hurled stones at a Tirupati- the Centre of Indian Trade Unions has also they are willing to talk to me, I'm always ready Mangaluru bus in Farangipet on Thursday while extended their "moral support" to the bandh call. to talk to them. We have already done several services of app-based cabs and autorickshaws Bengaluru police commissioner Bhaskar Rao that are possible (to implement the Sarojini were affected. Bus services, however, continue said permission has not been given to the protest Mahishi report), what other things can be done, to operate as usual and schools and colleges are and none can forcibly shut shops or businesses.I'm ready to talk to them."functioning normally.Karnataka Chief Minister

Father, two uncles arrested for woman's

murder in Uttar Pradesh

the epicentre of coronavirus outbreak."All the further go up. We are losing customers because manufacturing units are shut and they are not of the inflated prices but we cannot do anything even taking orders. It does not seem like for the about it."India Today TV spoke to a mobile next 2-3 months there will be any product which cover manufacturer Jim Yocas Kitty in we will get from China," says Juzar.Shadab Guangzhou Province over phone. He said, "On a whose shop is next to Juzar's shop in Yara market precautionary note everyone has been asked to says, "Because of their New Year first and then stay indoors. So we are all at home for now. It is this coronavirus, we have not received any expected that after a week manufacturing units supply from China. Because of the Chinese New will start functioning slowly. Products should Year we had stocked up but that soon got reach India by March end."However, traders in

Mumbai Apart from the global health scare that cleared. Now we don't have much to sell."All Mumbai are not so positive at the prospects.Hari has also reached India, coronavirus is now these traders sell Chinese products in wholesale. Singh, who deals in both Indian as well as affecting small-time businessmen too who Either they travel to China themselves to place Chinese products, Mohammad Yusuf who trades depend on Chinese products for their business to orders and get it back or they deal with in Chinese speakers, businessman Narpat run in Indian cities.Juzar Bagasrawala, a 56- middlemen. But because of the restrictions the Rajput, trader Govind Mali and many others say year-old shop owner, has been selling mobile traders have been unable to travel to China. that they have been calling up their counterparts covers and accessories for the last 15 years but it Middlemen too have jacked up prices.Raju or manufacturers in China almost every day to is for the first time he is facing a dent in his Parmar, another mobile phone accessories trader find out when manufacturing will resume business after the coronavirus outbreak.Juzar's says, "The costs will go up because we have to there.They also fear that the cost of Chinese products come from Guangzhou Province in sustain for a few months. We cannot sell all our products would increase when manufacturing China and the manufacturing units there have goods right away. So say a headphone which we starts again. These traders say that new products been shut for the past few weeks. Guangzhou were selling for Rs 400 is now being sold for Rs from China would only arrive by June.Province is about 1000 kilometre from Wuhan, 420. If we do not get goods then the prices will

The Bhopal additional district and Session Judge Bharat Kumar Vyas ordered the investigation team to not frame charges of human trafficking case against accused Shweta Swapnil Jain

MP honey trap case: 3 accused to be charged with human trafficking

Indian Penal Code (IPC) was A b h i s h e k S i n g h i s s t i l l registered on the complaint of absconding.Shweta Swapnil Jain, Monika Yadav's father, who who has been given relief by the alleged that his daughter was court is the main accused in the pushed into such activities by honeytrap case and is alleged to other members of the gang on the have trapped top ministers and pretext of managing higher b u r e a u c r a t s o f M a d h y a education for her.Monika Yadav is Pradesh.Even though Shweta one of the six accused persons Swapnil Jain has gotten a clean chit arrested in connection with the in the human trafficking case, she honeytrap case and is presently will remain in jail as she is also lodged in Indore Jail.She was accused in the honeytrap case. Jain arrested along with Arti Dayal and will not come out of jail unless their driver from Indore while they relief is given in the second were trying to extort money from case.The videos and audios city engineer Harbhajan Singh, a recorded by Shweta Swapnil Jain v i c t i m o f t h e h o n e y t r a p had found their way to the social Bhopal The Special Investigation scandal.The human trafficking media after Jeetu Soni, an Indore-additional district and Session charges against her.The SIT is Team (SIT) formed to investigate

case, initially registered by the based businessman carried them on Judge Bharat Kumar Vyas ordered investigating the human trafficking the murky honeytrap case from state CID in Bhopal, was later the YouTube channel.The state the investigation team to not frame case that was registered in Bhopal a Madhya Pradesh, in which top transferred to the SIT. It was also police registered 56 cases against charges of human trafficking case couple of days after the honeytrap politicians and bureaucrats were allowed to frame charges against Soni that include cases of rape, against accused Shweta Swapnil gang was busted.allegedly trapped, has booked Shweta Vijay Jain, Arti Dayal and gangrape, and human trafficking. Jain. The judge said that there was The human trafficking case under three out of four accused in the on Abhishek Singh.While Shweta Jeetu Soni is also absconding with not enough evidence to frame Sections 370 and 370 (a) of the case .However, the Bhopal Vijay Jain and Arti Dayal are in jail, a reward of Rs 1 lakh on his head.

Stones were hurled at a bus in Karnataka during bandh by pro-Kannada organisations. The pro-Kannada organisations are demanding an increase in jobs for Kannadigas.

25 rifles, over 12,000 live cartridges missing from Kerala’s special police battalion: CAG report

security without inviting tenders, diverting funds to the tune of Rs 2.81 crore meant for construction of subordinate staff quarters for the construction of villas for state police chief and three additional DGPs.The police violated scheme guidelines while procuring vehicles for police stations and misutilised funds for purchasing luxury police cars, the audit report notes. It also notified delay in disposal of cases in the forensic science labs due to shortage of technical staff.During the period, pending cases increased to 9,265, including 1,755 grave crimes T h i r u v a n a n t h a p u r a m T h e registered in Kerala. The report Comptroller and Auditor General rated performance of Kerala State (CAG), in its performance audit Housing Board as worst among the during 2013-18, has criticised the departments as the board incurred Kerala Police for lapses in an expenditure of Rs 289.96 crore handling arms and cartridges in its to execute work to the tune of Rs s p e c i a l a r m e d u n i t s a n d 96.77 crore in the five years.misappropriation of funds under

rifles (5.56 mm) and 12,061 live revealed that there was no entry the shortage of 9 mm drill The report also listed out lapses in the Modernisation of Police Force cartridges are missing in the bell of regarding the receipt of 25 rifles cartridges.The audit report also revenue tax collection and delay in Programme.arms of the Special Armed Police and later police informed that pointed several violations while disposal of appeals. Kerala has lost The performance audit conducted by B a t t a l i o n ( S A P B ) i n Police Crime Branch wing was implementing the Modernisation revenue of Rs 11.06 crore due to the CAG during 2013-18 was Thiruvananthapuram during 2013- ordered to investigate the case of of Police Force programme in the non-registration of 237 agreement tabled before the state legislative 18. He added that these missing missing arms," the Accountant state including misappropriation signed by flat owners and assembly on Wednesday. were never found."Audit scrutiny General Kerala said. of funds.The listed lapses include developers in Ernakulam during Addressing the media, Accountant of records at Armed Reserve purchase bullet resistant vehicles The report revealed that 250 dummy the period.General S Sunil Raj said that 25 Camp, Thiruvananthapuram at a cost of Rs 1.10 crore for VIP cartridges were used to cover up

Mumbai Nine people, including a minor boy, sustained burn injuries in a fire which broke out after a cooking gas cylinder exploded at a 'chawl' in suburban Kandivali, officials said on Thursday.Two of the victims suffered nearly 45 per cent burns in the mishap that took place around 11 pm on Wednesday when Sandeep Kanade and some of his family members were changing a gas cylinder in their house at Gaware Chawl in Janupada area of Kandivali, a civic official said.

As the cylinder exploded, it triggered a minor fire in which members of the Kanade family and some of their neighbours, including an 11-year-old boy, suffered burns, the official said.All of them were rushed to the Shatabdi Hospital located nearby, police said. Sandeep Kanade (31) and Sharda Kanade (56) sustained around 45 per cent burns in the incident, doctors at the hospital said.

Among the other victims, four who suffered minor injuries were discharged from the hospital after being provided necessary treatment, they said.This was the second such mishap here in a day. Earlier, six people, including two children, suffered burn injuries when a fire broke out in a 'chawl' room in suburban Bandra due to leakage in a cooking gas cylinder on Wednesday evening.

Cooking gas cylinder explodes in Mumbai’s Kandivali, 9 injured

The CAG report on the audit of modernisation of weapons in Kerala Police has found that 25 rifles and 12,061 live cartridges are missing from Special Armed Police Battalion (SAPB).

Four prisoners die in 72 hours in 2 UP jails

Mumbai As Thursday marks the 10 years of 2010 German bakery bomb blast, in which 17 people were killed and at least 60 injured in Pune, tributes poured in for the victims and the families.Meanwhile, an NGO in Pune has organised a tribute ceremony for the victims of the blast at German Bakery, where the terror attack took place, in Koregaon Park at around 11.30 am. The authorities who had then handled the emergency situation a decade ago will be present at the tribute ceremony where everyone will light candles for the victims of the 2010 Pune blast.

On February 13, 2010, a bomb exploded at the German bakery in Pune's Koregaon Park. Indian Mujahideen operative Yasin Bhatkal was accused of planting the bomb in the German Bakery. As of now, Bhatkal is in judicial custody at Tihar Jail.

Himayat Inayat Baig was the first arrested accused of planning the terror attack and providing RDX. He was convicted in this terror attack case in 2013 and was sentenced to capital punishment. He had challenged his conviction judgment which is still pending in the Supreme Court.Maharashtra ATS had filed chargesheet against seven accused in the 2010 Pune blast case including Yasin Bhatkal, Mohsin Choudhary, Riyaz Bhatkal, Iqbal Bhatkal, Faiyaz Kagzi, Zabiuddin Ansari and Himayat Baig.

Internet services snapped in Kashmir after rumours surrounding Geelani's healthSrinagar Mobile internet services have been

suspended in Kashmir to prevent rumours about the health of separatist leader Syed Ali Shah Geelani, officials said on Thursday.

The services were snapped late Wednesday night after some social media posts claimed the health of the 90-year-old Geelani deteriorated, they said.Adequate number of security forces have been deployed at vulnerable places in Kashmir to maintain law and order and prevent miscreants from fomenting any trouble.

Manufacturing units in many of the Chinese provinces have been shut for the past few weeks following the coronavirus outbreak.

Bareilly Four prisoners, serving sentences for separate cases, died in two Bareilly jails within 72 hours. The jail authorities said that the deaths were due to 'age-related ailments'.

The bodies of the prisoners were handed over to the families after the post-mortem.

One of the prisoners, Ramchandra, 74, from Pilibhit, had killed five people in 2001 and was serving a sentence at the Central jail.

On February 8, he collapsed and was rushed to the district hospital, where he died during t r e a t m e n t . A c c o r d i n g t o d o c t o r s , Ramchandra died due to ischemic heart disease (IHD) with senile degenerative changes," added the jailer.

Similarly, on February 8, 58-year-old Ram Avtar, who was serving a life term in a murder case, collapsed at the district jail and was immediately shifted to the district hospital, where he died during treatment.

Another prisoner at the district hospital, Hardwari, 87, who was also serving life imprisonment died due to hyper-tension.

The fourth prisoner at the district jail, Rajnish, 35, complained of chest pain and died shortly after.District Magistrate Nitish Kumar and Senior Superintendent of Police (SSP) Shailesh Kumar Pandey rushed to the central and district jails to take stock of the situation and to ensure that inmates are getting all facilities they are entitled to under the jail manuals.District jail Senior Superintendent UK Mishra said: "It is a mere a coincidence that three prisoners lodged here passed away in the past couple of days."

Tribute ceremony for victims of 2010 German bakery bomb blast in Pune

AJAY MULTI PROJECTS LIMITEDRegd. Off.: 3-B, 1st Floor, Plot 285, Chaturbhuj Jivandas Bldg Shamaldas Gandhi Marg,

Marine Lines, Kalbadevi, Mumbai Mumbai City MH 400002 INCIN:L45201MH1982PLC100777

Extract of Standalone Un-audited Financial Results for the quarter & ninemonths ended 31st December, 2019

Note:1 The above results have been reveiwed by the Audit Committee and taken on record

by the Board of directors of the company at their meeting held on 13th February,20202 The Limited Review of above result for the quarter ended 31st December, 2019 has

been carried out by the Auditor in accordance with Regulation 33 of the SEBI'S (LODR),Regulation, 2015

3 The provision for Current Tax and Deferred Tax Liability/Assets have been made in thefinancial results at end of the year.

4 The details of number of investor complaints for the quarter ended 31st December,2019Beginning - 0, Received - 0, Disposed Off - 0, and Pending - 0,

(Rs. in Lakhs)

For Ajay Multi Projects Limitedsd/-

Mr. Mahavir Jain( Director)

Particulars

Quarter Ended31st December,

2019(Un-audited)

Quarter Ended31st

December,2018(Un-audited)

Year Ended31st

March,2019(Audited)

Total income from operations 31.77 116.52 514.02Net Profit / (Loss) (before tax and/orextraordinary items) -17.97 -7.46 18.66Net Profit / (Loss) for the period before tax(after Extraordinary items) -17.97 -7.46 18.66Net Profit/ (Loss) after tax(after extraordinary items) -26.72 -7.46 8.05Total Comprehensive income for the period[comprising profit/(loss) for the period (after tax)and other comprehensive income (after tax) ] -391.37 -1.28 71.19Equity Share Capital 120.00 120.00 120.00Reserves (excluding Revaluation Reserve asshown in the Balance Sheet of previous year) 0.00 0.00 0.00Earnings Per Share (of 10/- each)(for continuing and discontinued operations) 0.00 0.00 0.00Basic : -2.23 -0.62 0.67Diluted: -2.23 -0.62 0.67

Place : Mumbai.Date: 13-02-2020

DHANLAXMI COTEX LIMITEDCIN: L51100MH1987PLC042280

Regd. Off: C J HOUSE 2ND FLOOR 285 PRINCESS STREET MUMBAI- 4000024.Tel No: 022-49764268 Email Id: [email protected] | Website: www.dcl.net.in

Extract of standalone UnAudited Financial Results for the quarter and nine monthsended 31.12.2019

Note:1. The above Standalone results have been reviewed by Audit Committee in their meeting

held on 13th February, 2020 and have been approved by the Board of Directors in theirmeeting held on 13th February, 2020.

2. The above is an extract of the detailed format of year ended Financial Results filedwith the Stock Exchanges under Regulation 33 of the SEBI (Listing and OtherDisclosure Requirements) Regulations, 2015. The full format of the quarter and yearended Financial Results are available on the Stock Exchange websites.(www.bseindia.com) and on the Company’s website (www.dcl.net.in)

(Rs. in Lakhs)

Particulars

Total income from operations 87.69 103.50 589.49Net Profit / (Loss) from ordinary activities after tax 61.07 38.01 36.69Net Profit / (Loss) for the period after tax(after Extraordinary items) 61.07 38.01 36.69Equity Share Capital(Face Value of the shares Rs 10/-) 487.14 487.14 487.14Reserves (excluding Revaluation Reserve asshown in the Balance Sheet of previous year) - - 3,123.71Earnings Per Share (before extraordinaryitems) (of Rs 10/- each)Basic : 17.88 0.21 8.23Diluted: 17.88 0.21 8.23Earnings Per Share (after extraordinaryitems) (of Rs 10/- each)Basic : 17.88 0.21 8.23Diluted : 17.88 0.21 8.23

QuarterEnding

31.12.2019 (UnAudited)

QuarterEnding

31.12.2018 (UnAudited)

YearEnding

31.03.2019 (Audited)

Place: MumbaiDate : 13.02.2020

For Dhanlaxmi Cotex LimitedSd/-

Mahesh Jhawar(Wholetime Director)

PUBLIC NOTICE

Adv. Kailash H. PatilAdvocate High Court

10 X 4

PUBLIC NOTICE NOTICE IS HEREBY given on behalf of my client MR. VINAYAK SURESH KHEDEKAR who is the legal heir of LATE MR. SURESH GOPAL KHEDEKAR and he was the joint owner along with MR. SURESH GOPAL KHEDEKAR of Flat No. 3, GROUND Floor, A wing, NAV KUBER CO-OP. HSG. SOC. LTD., Navghar Road, Bhayandar (E), Dist-Thane-401105. LATE MR. SURESH GOPAL KHEDEKAR expired on 23.09.2019 at Mumbai. After the death of the above said persons/ members 1. MRS. SUREKHA SURESH KHEDEKAR (Wife) 2. MR. VINAYAK SURESH KHEDEKAR (Son) 3. SMT. NAMITA VINOD CHAUGULE (Daughter) became the legal heirs of the above said deceased. 1. MRS. SUREKHA SURESH KHEDEKAR 2. SMT. NAMITA VINOD CHAUGULE have given their No Objection in favour of MR. VINAYAK SURESH KHEDEKAR to transfer the 50% shares in respect of the said flat premises in his name. MR. VINAYAK SURESH KHEDEKAR has made application for membership to the society to transfer the 50% shares in the name of MR. VINAYAK SURESH KHEDEKAR. If any person is having any claim or objection towards the legal heirs of the above persons may get it to the notice to me and should intimate the same in writing to the said society or directly at the above address Off. No. 23, 1st Floor, Sunshine Height, Near Railway Station, Nallasopara (E), Dist-Palghar-401209, within 14 days from the receipt of the publication notice in the newspaper. Any objection or any claim after the period from any person shall not be considered and the same shall be transferred in the name MR. VINAYAK SURESH KHEDEKAR and he shall be the 100% owner in respect of the above said flat premises.

11 x 4

Advocate, High Court, MumbaiOff. No. 23, 1st Floor, Sunshine Height, Near Railway Station, Nallasopara (E),

R. L. MishraDate : 14/02/2020

Notice is hereby given that my client Mr. Rajaram Buddhu Chaudhary, has purchased a Agr icul tural Land admeasuring about 22 Guntha, out of total 86 Guntha's plot, situate at Survey no. 142, in Village – Jhanjhroli, Taluka & Dist. Palghar from Mr. Sanjay Banvashi Yadav, and now applying to get his name added in 7/12 extract & revenue record of Government of Maharashtra. It is to inform all persons having any claim in, to or upon the said property or any part thereof by way of lease, lien, gif t , l icense, inheritance, sale, exchange, easement, mortgage, charge or otherwise howsoever, should make the same known to the undersigned in writing at the address mentioned below, specifically stating therein the exact nature of such claim, if any, together with documentary evidence thereof, within 14 days from the date of this notice, failing which any such claim in, to or upon the said property or any part thereof shall be deemed to have been waived and the transaction shall be completed without any reference to such claim.

PUBLIC NOTICE

Sd/-Abhijeet Tripathi (Advocate)

23/B, 003, Saraf Chaudhary Nagar,Thakur, Complex, Kandivali (E),

Mumbai 400101 9004695666 & 9082982820 Date: 14/02/2020

SMT. RAMADEVI SAHINATH MISHRA, was died on dt. 11/02/2010 Leaving behind her -i)Shri Sahinath Ramnand Mishra (Husband), ii)Mr. Sabhashankar S. Mishra (Son), iii) Mr. Devishankar S. Mishra (Son), iv) Mr. Kshamashankar S. Mishra (Son), & v) Mr. Ravishankar S. Mishra (Son),.

As per the Society records, SMT. RAMADEVI SAHINATH MISHRA is the owner of above said Shop who had purchased said Shop from M/s. KOLI CONSTRUCTION CO. , Vide Agreement for Sale dated 21st day of February 1984. At the time of Purchased of said Shop, the builder mentioned Shop No.9 & Back Side of 10 in the said Agreement. But after the Registration of Society, the number allotted to said Shop as 7/9 in Maintenance Bill. Office bearer of society issued Share Certificate bearing No.33 for five Shares from 161 to 165 in her name on dated 27th day of June 1990 for said Shop.

So, we hereby invite claim or objection that any person having any claim or objection against or into or upon or in respect of said Shop or any part or portion thereof by way of tenancy, occupancy right, inheritance, mortgage, transfer, sale, gift, lease, license, lien, charge, trust, maintenance, easement, attachment or otherwise howsoever are hereby required to make the same known in writing to our Advocate office within 15 days from the date of publication hereof, failing which , any such claims shall be deem to have been waived .

Now, i)Mr. Sabhashankar S. Mishra (Son), ii) Mr. Devishankar S. Mishra (Son), i i i) Mr. Kshamashankar S. Mishra (Son), & iv) Mr. Ravishankar S. Mishra (Son), intend to give their rights related to above said Shop to their Father SHRI SAHINATH RAMNAND MISHRA, by executing RELEASE DEED.

Notice is hereby given that my client SHRI SAHINATH RAMNAND MISHRA who is the Legal heir for Shop No.7/9 on Ground Floor, in the Society known as “ DEEPAK APARTMENT CO-OP. HSG. SOC. LTD. ” Situated at B.P. Cross Road No.4, Bhayander ( East ), Tal. & Dist. Thane – 401 105.

PUBLIC NOTICE

Sd/- Mr. S.D. Bhekare

( Advocate High Court)Date : 14/02/2020Add : B/102, Mathura Kunj CHS Ltd., Cabin Road,

Venkateshwar Nagar, Bhayander (E), Thane–401105.

12 X 4

Note: The above is an extract of the detailed format of Quarterly Financial Results filed with the StockExchange under Regulation 33 of the SEBI (Listing Obligations and Other Disclosure Requirements)Regulations, 2015. The full format of the Quarterly Financial Results are available on the Bombay StockExchange website www.bseindia.com and at Company's website at www.visioncorpltd.com

Total Income from Operations (Net) 127.96 270.35 97.64 341.55Net Profit / (Loss) for the period(before Tax, Exceptional items) 19.11 24.80 (23.31) 7.18Net Profit / (Loss) for the period before Tax(after Exceptional items) 19.11 24.80 (23.31) 7.18Net Profit / (Loss) for the period after tax(after Exceptional items) 13.38 17.14 (23.31) 4.81Equity Share Capital 1,997.01 1,997.01 1,997.01 1,997.01Reserves (excluding Revaluation Reserve)as shown in the Audited Balance Sheet 270.27as of 31.03.2019Earnings Per Share (of Rs.10/- each)(for continuing and discontinued operations)1. Basic 0.07 0.09 (0.12) 0.022. Diluted 0.07 0.09 (0.12) 0.02

For VISION CORPORATION LIMITEDSd/-

(Mr. Ashok Kumar Mishra)Managing Director

DIN - 00571792Mumbai,February 13,2019

VISION CORPORATION LIMITED

Regd. Office : 2A, 2ND Floor , Citi Mall , New Link Road Andheri West - 400 066CIN : L24224MH1995PLC086135

Statement of Standalone Unaudited Results for the quarter ended 31st December, 2019

Particulars

Nine monthended

31.12.2019(Unaudited)

Quarterended

31.12.2018(Unaudited)

Quarterended

31.03.2019(Audited)

(Rs. In Lakhs)

Quarterended

31.12.2019(Unaudited)

NEWS BOX

Policy stability will spike renewable growth in India: IEEFA

BUSSINESS

said.The association said last month Beijing China's vehicle sales likely sales are likely to shrink 2 per cent in fell by almost a fifth in January, 2020, a third straight year of marking a 19th consecutive month contraction.of decline, hurt by Lunar New Year

holidays that started earlier than In Hubei province where the outbreak last year and by the coronavirus began and a major car manufacturing outbreak.The epidemic will hit hub responsible for nearly 9 per cent auto sales and production hard in of China's output, Dongfeng Motor the short term, the China Group Co Ltd and its partners Honda Association of Automobile Motor Co Ltd, Renault SA and Manufacturers said, predicting Peugeot SA have all said they are competition in the industry would d e l a y i n g t h e r e s t a r t o f get fiercer and some smaller parts production.Tesla Inc, which started

imposing travel curbs and warning s u p p l i e r s c o u l d delivering cars built at its $2 billion plant residents to avoid public spaces in the last collapse.Preliminary data for January in Shanghai last month, restarted two weeks of January.An extension of the shows vehicle sales tumbled 18 per cent production in Shanghai on Monday with holidays to counter the virus also while sales of battery electric and other local government help.discouraged dealers from ordering cars at so-called new energy vehicles plunged Those operating plants outside Hubei the end of the month as is their usual 54.4 per cent, down for a seventh month province such as Volkswagen AG and practice."Due to the extension of the in a row, the association said.It did not General Motors Co have said they will holidays, the shortage of workers and give absolute figures.Although the keep some factories idled for an extra one auto parts, we predict that the production earlier start to the holidays, when or more weeks.Industry sales fell 8.2 per of more than one million vehicles will be consumers don't do much shopping, was cent last year, pressured by new emission impacted by the coronavirus epidemic," the main factor behind the dismal standards in a shrinking economy and by Chen Shihua, a senior association official numbers, local governments began trade tension with the United States.

China auto sales likely tumbled 18% in January, coronavirus seen taking heavy toll

Allahabad Bank also reduced MCLR, Home and Auto loans to be cheaper

New Delhi After ACBI (SBI) and Bank of Baroda (BOB), Allahabad Bank has now reduced its MCLR. The bank has announced a reduction of five basis points in the MCLR. The bank has made this reduction in MCLR for all the time periods. The new rates will come into effect from 14 February after the cuts. This will now make home and auto loans cheaper.

"The Asset Liability Management Committee of the bank has revised the existing MCLR and decided to reduce it by five basis points for all different MCLR time periods," the bank said in a regulatory filing. With this, the one-year benchmark MCLR will now be 8.25 percent, which is currently 8.30 percent.

Almost got married' after college, says Ratan Tata

NEW DELHI: Tata Sons chairman emeritus Ratan Tata has divulged details about his personal life and stated that he "fell in love and almost got married" after college. Speaking to 'Humans of Bombay' on Facebook, the Tata Trusts chairman recalled some of his life's moments and credited his grandmother for teaching him to retain dignity at all costs.

"I had a happy childhood, but as my brother and I got older, we faced a fair bit of ragging and personal discomfort because of our parent’s divorce, which in those days wasn’t as common as it is today," the top industrialist said in the first of apparently a three-part series.His parents, Naval Tata and Sooni, got separated when he was young and was raised by his grandmother, Navajbai.

The 82-year-old business magnate also talked about the differences he had with his father. "I wanted to learn to play the violin, my father insisted on the piano. I wanted to go to college in the US, he insisted on the UK. I wanted to be an architect, he insisted on me becoming an engineer. If it weren’t for my grandmother, I wouldn’t have ended up at Cornell University in the US," he said.Tata mentioned that he switched majors and graduated with a degree in architecture. "My father was quite upset and there was a fair bit of rancour, but I was finally my own, independent person in college, and it was my grandmother who taught me that courage to speak up can also be soft and dignified," he added.

On his love life, the businessman said that "it was in LA (Los Angeles) that" he "fell in love and almost got married". "But at the same time I had made the decision to move back at least temporarily since I had been away from my grandmother who wasn’t keeping too well for almost 7 years.

Kashish Shah, IEEFA's energy requisite for continuing India's New Delhi Policy certainty will finance analyst."Instead of trying renewable energy investment i n c r e a s e d o m e s t i c a n d to make Indan manufactured solar ambition is concurrently building international investment in India, a cells competitive by increasing the out and modernising India's new report out on Thursday by the price of imported modules, the national transmission grid to Institute for Energy Economics industry needs an assured offtake accelerate the enormous progress and Financial Analysis (IEEFA) in domestic markets, as was achieved over the last decade.said.The report, India's Renewable achieved in the recent, very Energy Policy Headwinds - "India could attract $500 to 700bn in successful solar manufacturing Recommendations for Urgently new investment by 2030 - the tender. It also needs to be Accelerating Activity in the opportunity is huge," said Buckley.incentivised for exporting."Renewable Energy Sector, finds a "To do this, India's grid must be

number of recent policy positions Better centre-state coordination on urgently expanded. The slow-that have undermined growth in renewable energy development down in transmission capacity is this sector."India is one of the and increasing the expansion of slowing India's renewable energy world's largest and fastest-growing necessary transmission networks ambition."And the continuing markets for renewable energy and and balancing capacity (batteries, ballooning underfunding of opportunity cost of delaying extend beyond 2020.The duty has power transmission," report author pumped hydro storage, demand subsidies and rising state-discom India's electricity sector transition neither reduced imports nor and IEEFA's Director of Energy response management and more debt is severely hampering the is too high."With a few polic s ignif icantly improved the Finance Studies Tim Buckley told flexible thermal capacity) are financial industry's ability to tweaks, India could be back on compet i t iveness of Indian IANS in a statement."Domestic further policy areas requiring finance new renewable energy track to meet its ambitious target of manufactured solar cells. Instead, renewable energy tariffs are now immediate attention."Renewable development, as is some state's 450 gigawatts of renewables by it has severely slowed down solar two thirds the cost of domestic energy developers are currently desire to renegotiate on projects. 2030," said the report.The IEEFA installs in India, both because of coal-sourced power tariffs and half experiencing delays and cost This is not on - and creates report identifies a number of the extra cost imposed but equally that of new imported thermal overruns while waiting for the instability for investors."The policies currently stifling growth due to the confusion on delayed power costs."India must be very central and state governments to report concludes that sovereign in the renewable energy sector in implementation.The uncertainty of proud of this result, and they must talk to each other and streamline risk, policy risks, and erratic India.They include the imposition this trade duty has been one of the leverage this opportunity to their activities. This is jeopardising discom payments are all creating of the solar cell and module trade most serious impediments to enhance energy security whilst their project economics and unnecessary financial constraints d u t y i n 2 0 1 7 , w h i c h t h e Ind ia ' s renewable energy-securing deflationary domestic stalling further investment," said for the Indian renewable energy government is now looking t momentum," said co-author e n e r g y i n v e s t m e n t s . " T h e Shah.The report finds a key pre- sector.

Airbus shows loss for 2019 due to big bribery settlement

Jump in new coronavirus cases stymies global stock rally

home and speaking to clients by number of cases in Hubei province Singapore Asia's share market phone as meetings are increasingly now stands at 48,206.Even before rally paused on Thursday, bonds cancelled, even in cities not the rise in cases, economists were rose and trade-exposed currencies subject to quarantine."Most turning more bearish on the likely fell as a sharp rise in new markets were recouping their hit to China's growth as factories coronavirus deaths and infections losses so that has offered maybe idle and supply chains are dented hopes that its spread was some excuse to sell Asian upended.Citi on Wednesday again slowing.markets," he said. "But there is not downgraded its 2020 GDP China's Hubei province, where the much energy in this."Japan's forecast for China to 5.3 per cent. virus is believed to have Nikkei fell 0.1 per cent Australia's The bank had forecast it to be 5.8 originated, reported 242 new ASX/S&P 200 index retreated per cent in its January outlook, deaths, double the previous day's from a record high. The Shanghai before cutting it to 5.5 per cent two toll, and confirmed 14,840 new Composite fell 0.5 per cent and weeks ago.Morgan Stanley cases on February 12.Hong Kong's Hang Seng was 0.3 believes a gradual, rather than The rise in the number of Hubei per cent softer. Gold rose 0.6 per sharp recovery is the most likely cases, which came as officials cent to $1574.86 per ounce. scenario. That all bodes ill for adopted a new methodology for

regional economies and has On Tuesday, markets had taken counting infections, is a ninefold snapped two days of 1 per cent I t re l ies on computer ised weighed on Asian currencies and comfort from the World Health increase from a day earlier. gains to sit 0.2 per cent lower as tomography scans to find signs of commodities.The Australian Organisation's (WHO) emergency E-mini S&P 500 futures were most markets across the region the virus, rather than waiting for dollar, a liquid proxy for China's programme head describing the down 0.4 per cent by the posted modest declines. slower ribonucleic acid tests for economic health because of apparent slowdown in the afternoon, pointing to a fade in confirmation. Chinese officials "There is no panic on this," said Australia's export exposure, epidemic's spread as "very Wall Street's strong rally, while said the method is only being used Frank Benzimra, head of Asia retraced its recent rally and traded reassuring."Yet WHO chief Futures for the EUROSTOXX 50 in Hubei.Despite that context, the equity strategy at Societe Generale 0 . 3 p e r c e n t s o f t e r a t Tedros Adhanom Ghebreyesus were 0.1 per cent weaker.Ten-year dent to sentiment was enough to in Hong Kong, since the dramatic $0.6716.China's yuan was 0.1 per had also warned that it should be US Treasuries fell below 1.6 per present a selling opportunity after rise seems so far to be contained to cent weaker.Rallying oil prices viewed with extreme caution. cent, the yen strengthened past 110 several days of gains.The virus has Hubei.The new methodology paused, with Brent crude flat at "This outbreak could still go in any per dollar and a rally in oil prices also cast a shadow over life in effectively lowers the bar for $55.72 per barrel, 15 per cent elow direction," he said.More than halted.MSCI's broadest index of Asia's financial markets, with classifying new infections, w h e r e i t w a s b e f o r e t h e 1,300 people have died from the Asia-Pacific shares outside Japan Benzimra himself logged in from contributing to the spike in cases. coronavirus outbreak.epidemic in China and the total

With a single window, the time it takes to regulate-certification will be reduced and the cost will be less in the logistics head as the woes decrease.

Oil prices rose about 1% on Tuesday, up from

13-month lows as the number of new

coronavirus cases slowed in China, easing some concern over the potential for lengthy oil

demand destruction.

Frankfurt Commercial aircraft maker Airbus lost 1.36C billion euros ($1.48 billion) in 2019 because of a multibillion-euro bribery settlement with authorities in three countries, but otherwise saw a record year of aircraft deliveries and increased its dividend.

Operating earnings without one-time burdens rose 19% to 6.9 billion euros. The company said Thursday it would propose a dividend of 1.80 euros per share, up 9% from 2017. Revenues rose 11% to 70.5 billion euros as the company ramped up production of its A320 twinjet.

Airbus saw deliveries of 863 commercial aircraft, up from 800 in the year before. The company boosted orders to 768 as competitor Boeing stumbled because of the grounding of its 737 MAX jet after two crashes that killed 346 people. Boeing's net orders were negative because of cancellations and the bankruptcy of a large customer, India's Jet Airways, and came in at minus 87.

The large net loss reflected 3.6 billion euros set aside to cover a criminal settlement with authorities in the U.S., France and Britain over past corrupt practices. The company also lost 1.2 billion euros because of troubles with its A400M military transport program and 221 million euros because the German government suspended export licenses to Saudi Arabia through March.

New Delhi The most important in financial planning is to create a large fund to meet the post-retirement needs. It is very important to spend that stage of your life happily without any problems. By the way, there are two stages in a person's life. The first is the stage of accumulation. In this, a person accumulates wealth by his efforts. The second stage is the retirement stage. In this stage, when a person is not able to make effort as before, he uses the accumulated wealth to fulfill his needs.

1. At present, NPS i.e. National Pension System is the most popular option in the country for retirement funds. The scheme has 1.25 crore subscribers, of which 44 lakh are from the private sector. It is a government retirement saving scheme.

2. The best thing is that it is managed just like a mutual fund. This is why it can earn very good returns.

3. The scheme is for both government and private sector employees. The scheme is compulsory for all government employees who join the job after January 1, 2004.

4. In the scheme the customer has to deposit some amount under NPS every month during his job.

5. After retirement, employees can withdraw a part of the fund prepared and take an annuity from the remaining amount for regular income.

6. NPS can include people from 18 to 60 years.7. NPS account can be opened in almost all

government and private banks of the country.

How NPS worksNPS is managed just like a mutual fund.

According to Sebi Registered Investment Advisor Jitendra Solanki, there are three ways to invest in it. First equity, second corporate bond and third government securities. The customer gets both asset allocation and auto choice options to decide his investment.

�Gold Futures price On Tuesday, the gold futures price of April 3, 2020 fell 0.63 per cent or Rs 257 to Rs 40422 per 10 grams on the MCX exchange. Pixabay

NPS: Get Rs 1 crore in 25 years by depositing Rs 5,000 every month, know how it works

New Delhi Economic activity has possible risks, Sunil Damania, CIO, disruption caused by the virus in almost come to a standstill in China MarketsMojo.com, said: "There is a China could pave way for more as major businesses and investors great danger that world economic foreign investments in emerging remain spooked about the future growth could take a beating due to economies like India, Bangladesh, impact of the novel respiratory virus the virus as China accounts for 12 per and Vietnam as the world looks to (2019-nCOV or COVID-19) cent of world's GDP growth reduce dependency on China, the outbreak, which has already claimed rate.""There could be a severe largest manufacturing hub in the over 1,300 lives and caused over indirect impact on many producers world.Experts feel that India has a 48,000 infections.Disturbance (outside China) who source their raw good chance of becoming an caused by the flu-like virus has materials or componnts from China," attractive manufacturing hub given affected key sectors like global he added.But with no sign of a the present situation, provided the tourism, trade, manufacturing and breakthrough in containing the virus, government tweaks some of its trade export/import. But the biggest jolt analysts at S&P say Chinese policies to bring down commodity has come from the shutdown of many production activities are likely to prices.H Nemkumar, Head - businesses--from major retail chains remain subdued for nearly two Institutional Equities, IIFL, said the to automobile and smartphone quarters before a revival. Economists ill-fated coronavirus outbreak in manufacturing firms--in mainland also predict that the virus outbreak in China has offered India with an China.As a result, countries that have China could reduce global GDP by opening to revive the 'Make in India'

programme.Coronavirus death toll a high dependency on China for almost 0.3 per cent.Coronavirus: goods--especially small components 14,000 new cases in one day after touches 1,310 in China's Hubei and parts--have suffered. Market China switches to new detection provinceIn a recent interview with experts fear that the world's over- methodThis puts global growth at the Economic Times, Nemkumar reliance on China will continue to risk and foreign entities who have said global companies are always hurt global growth until the virus is investments in China may decide to looking to diversify their sources of contained.Coronavirus outbreak p a r k t h e i r m o n e y supply and India has always been up Live UpdatesCommenting on the elsewhere.Economists say the on their radar.

Gold Futures price: gold-silver futures and global prices surge, know price

New Delhi: Investors are investing more in gold considered safe haven due to the sharp increase in the number of deaths from the corona virus. Due to this, the price of gold on the international level is showing an increase today on 13 February i.e. Thursday. Due to the rise in global prices, gold futures prices are also seen increasing on Thursday. Also, silver futures are also seeing a boom.

On Thursday morning, on April 3, 2020, gold futures on the MCX exchange was up 0.42 per cent or Rs 172 to trade at Rs 40656 per 10 grams. Significantly, the spot price of gold had fallen by Rs 128 on Wednesday, closing at Rs 41,148 per 10 grams.

Along with gold, silver futures are also seeing a significant increase on Thursday. The futures price of silver on March 5, 2020 was trending at Rs 45790 per kg with a rise of 0.64 per cent or Rs 290 on Thursday. Talking about the spot price, on Wednesday, silver fell by Rs 700 to close at Rs 46,360 per kg.Talking about international prices, according to Bloomberg, the spot price of gold was trading up 0.46 percent or $ 7.27 on Thursday morning at $ 1573.33 an ounce. Along with gold, silver is also seen on the spot on Thursday. It was trading up 0.75 per cent, or $ 0.13, on Thursday morning at $ 17.62 an ounce.

�She said FDI stood at $24.4 billion at the end of November 2019, as against $21.1 billion the year before

Will Coronovirus shift global investment from China to India?

NEWS BOX

Policy stability will spike renewable growth in India: IEEFA

BUSSINESS

said.The association said last month Beijing China's vehicle sales likely sales are likely to shrink 2 per cent in fell by almost a fifth in January, 2020, a third straight year of marking a 19th consecutive month contraction.of decline, hurt by Lunar New Year

holidays that started earlier than In Hubei province where the outbreak last year and by the coronavirus began and a major car manufacturing outbreak.The epidemic will hit hub responsible for nearly 9 per cent auto sales and production hard in of China's output, Dongfeng Motor the short term, the China Group Co Ltd and its partners Honda Association of Automobile Motor Co Ltd, Renault SA and Manufacturers said, predicting Peugeot SA have all said they are competition in the industry would d e l a y i n g t h e r e s t a r t o f get fiercer and some smaller parts production.Tesla Inc, which started

imposing travel curbs and warning s u p p l i e r s c o u l d delivering cars built at its $2 billion plant residents to avoid public spaces in the last collapse.Preliminary data for January in Shanghai last month, restarted two weeks of January.An extension of the shows vehicle sales tumbled 18 per cent production in Shanghai on Monday with holidays to counter the virus also while sales of battery electric and other local government help.discouraged dealers from ordering cars at so-called new energy vehicles plunged Those operating plants outside Hubei the end of the month as is their usual 54.4 per cent, down for a seventh month province such as Volkswagen AG and practice."Due to the extension of the in a row, the association said.It did not General Motors Co have said they will holidays, the shortage of workers and give absolute figures.Although the keep some factories idled for an extra one auto parts, we predict that the production earlier start to the holidays, when or more weeks.Industry sales fell 8.2 per of more than one million vehicles will be consumers don't do much shopping, was cent last year, pressured by new emission impacted by the coronavirus epidemic," the main factor behind the dismal standards in a shrinking economy and by Chen Shihua, a senior association official numbers, local governments began trade tension with the United States.

China auto sales likely tumbled 18% in January, coronavirus seen taking heavy toll

Allahabad Bank also reduced MCLR, Home and Auto loans to be cheaper

New Delhi After ACBI (SBI) and Bank of Baroda (BOB), Allahabad Bank has now reduced its MCLR. The bank has announced a reduction of five basis points in the MCLR. The bank has made this reduction in MCLR for all the time periods. The new rates will come into effect from 14 February after the cuts. This will now make home and auto loans cheaper.

"The Asset Liability Management Committee of the bank has revised the existing MCLR and decided to reduce it by five basis points for all different MCLR time periods," the bank said in a regulatory filing. With this, the one-year benchmark MCLR will now be 8.25 percent, which is currently 8.30 percent.

Almost got married' after college, says Ratan Tata

NEW DELHI: Tata Sons chairman emeritus Ratan Tata has divulged details about his personal life and stated that he "fell in love and almost got married" after college. Speaking to 'Humans of Bombay' on Facebook, the Tata Trusts chairman recalled some of his life's moments and credited his grandmother for teaching him to retain dignity at all costs.

"I had a happy childhood, but as my brother and I got older, we faced a fair bit of ragging and personal discomfort because of our parent’s divorce, which in those days wasn’t as common as it is today," the top industrialist said in the first of apparently a three-part series.His parents, Naval Tata and Sooni, got separated when he was young and was raised by his grandmother, Navajbai.

The 82-year-old business magnate also talked about the differences he had with his father. "I wanted to learn to play the violin, my father insisted on the piano. I wanted to go to college in the US, he insisted on the UK. I wanted to be an architect, he insisted on me becoming an engineer. If it weren’t for my grandmother, I wouldn’t have ended up at Cornell University in the US," he said.Tata mentioned that he switched majors and graduated with a degree in architecture. "My father was quite upset and there was a fair bit of rancour, but I was finally my own, independent person in college, and it was my grandmother who taught me that courage to speak up can also be soft and dignified," he added.

On his love life, the businessman said that "it was in LA (Los Angeles) that" he "fell in love and almost got married". "But at the same time I had made the decision to move back at least temporarily since I had been away from my grandmother who wasn’t keeping too well for almost 7 years.

Kashish Shah, IEEFA's energy requisite for continuing India's New Delhi Policy certainty will finance analyst."Instead of trying renewable energy investment i n c r e a s e d o m e s t i c a n d to make Indan manufactured solar ambition is concurrently building international investment in India, a cells competitive by increasing the out and modernising India's new report out on Thursday by the price of imported modules, the national transmission grid to Institute for Energy Economics industry needs an assured offtake accelerate the enormous progress and Financial Analysis (IEEFA) in domestic markets, as was achieved over the last decade.said.The report, India's Renewable achieved in the recent, very Energy Policy Headwinds - "India could attract $500 to 700bn in successful solar manufacturing Recommendations for Urgently new investment by 2030 - the tender. It also needs to be Accelerating Activity in the opportunity is huge," said Buckley.incentivised for exporting."Renewable Energy Sector, finds a "To do this, India's grid must be

number of recent policy positions Better centre-state coordination on urgently expanded. The slow-that have undermined growth in renewable energy development down in transmission capacity is this sector."India is one of the and increasing the expansion of slowing India's renewable energy world's largest and fastest-growing necessary transmission networks ambition."And the continuing markets for renewable energy and and balancing capacity (batteries, ballooning underfunding of opportunity cost of delaying extend beyond 2020.The duty has power transmission," report author pumped hydro storage, demand subsidies and rising state-discom India's electricity sector transition neither reduced imports nor and IEEFA's Director of Energy response management and more debt is severely hampering the is too high."With a few polic s ignif icantly improved the Finance Studies Tim Buckley told flexible thermal capacity) are financial industry's ability to tweaks, India could be back on compet i t iveness of Indian IANS in a statement."Domestic further policy areas requiring finance new renewable energy track to meet its ambitious target of manufactured solar cells. Instead, renewable energy tariffs are now immediate attention."Renewable development, as is some state's 450 gigawatts of renewables by it has severely slowed down solar two thirds the cost of domestic energy developers are currently desire to renegotiate on projects. 2030," said the report.The IEEFA installs in India, both because of coal-sourced power tariffs and half experiencing delays and cost This is not on - and creates report identifies a number of the extra cost imposed but equally that of new imported thermal overruns while waiting for the instability for investors."The policies currently stifling growth due to the confusion on delayed power costs."India must be very central and state governments to report concludes that sovereign in the renewable energy sector in implementation.The uncertainty of proud of this result, and they must talk to each other and streamline risk, policy risks, and erratic India.They include the imposition this trade duty has been one of the leverage this opportunity to their activities. This is jeopardising discom payments are all creating of the solar cell and module trade most serious impediments to enhance energy security whilst their project economics and unnecessary financial constraints d u t y i n 2 0 1 7 , w h i c h t h e Ind ia ' s renewable energy-securing deflationary domestic stalling further investment," said for the Indian renewable energy government is now looking t momentum," said co-author e n e r g y i n v e s t m e n t s . " T h e Shah.The report finds a key pre- sector.

Airbus shows loss for 2019 due to big bribery settlement

Jump in new coronavirus cases stymies global stock rally

home and speaking to clients by number of cases in Hubei province Singapore Asia's share market phone as meetings are increasingly now stands at 48,206.Even before rally paused on Thursday, bonds cancelled, even in cities not the rise in cases, economists were rose and trade-exposed currencies subject to quarantine."Most turning more bearish on the likely fell as a sharp rise in new markets were recouping their hit to China's growth as factories coronavirus deaths and infections losses so that has offered maybe idle and supply chains are dented hopes that its spread was some excuse to sell Asian upended.Citi on Wednesday again slowing.markets," he said. "But there is not downgraded its 2020 GDP China's Hubei province, where the much energy in this."Japan's forecast for China to 5.3 per cent. virus is believed to have Nikkei fell 0.1 per cent Australia's The bank had forecast it to be 5.8 originated, reported 242 new ASX/S&P 200 index retreated per cent in its January outlook, deaths, double the previous day's from a record high. The Shanghai before cutting it to 5.5 per cent two toll, and confirmed 14,840 new Composite fell 0.5 per cent and weeks ago.Morgan Stanley cases on February 12.Hong Kong's Hang Seng was 0.3 believes a gradual, rather than The rise in the number of Hubei per cent softer. Gold rose 0.6 per sharp recovery is the most likely cases, which came as officials cent to $1574.86 per ounce. scenario. That all bodes ill for adopted a new methodology for

regional economies and has On Tuesday, markets had taken counting infections, is a ninefold snapped two days of 1 per cent I t re l ies on computer ised weighed on Asian currencies and comfort from the World Health increase from a day earlier. gains to sit 0.2 per cent lower as tomography scans to find signs of commodities.The Australian Organisation's (WHO) emergency E-mini S&P 500 futures were most markets across the region the virus, rather than waiting for dollar, a liquid proxy for China's programme head describing the down 0.4 per cent by the posted modest declines. slower ribonucleic acid tests for economic health because of apparent slowdown in the afternoon, pointing to a fade in confirmation. Chinese officials "There is no panic on this," said Australia's export exposure, epidemic's spread as "very Wall Street's strong rally, while said the method is only being used Frank Benzimra, head of Asia retraced its recent rally and traded reassuring."Yet WHO chief Futures for the EUROSTOXX 50 in Hubei.Despite that context, the equity strategy at Societe Generale 0 . 3 p e r c e n t s o f t e r a t Tedros Adhanom Ghebreyesus were 0.1 per cent weaker.Ten-year dent to sentiment was enough to in Hong Kong, since the dramatic $0.6716.China's yuan was 0.1 per had also warned that it should be US Treasuries fell below 1.6 per present a selling opportunity after rise seems so far to be contained to cent weaker.Rallying oil prices viewed with extreme caution. cent, the yen strengthened past 110 several days of gains.The virus has Hubei.The new methodology paused, with Brent crude flat at "This outbreak could still go in any per dollar and a rally in oil prices also cast a shadow over life in effectively lowers the bar for $55.72 per barrel, 15 per cent elow direction," he said.More than halted.MSCI's broadest index of Asia's financial markets, with classifying new infections, w h e r e i t w a s b e f o r e t h e 1,300 people have died from the Asia-Pacific shares outside Japan Benzimra himself logged in from contributing to the spike in cases. coronavirus outbreak.epidemic in China and the total

With a single window, the time it takes to regulate-certification will be reduced and the cost will be less in the logistics head as the woes decrease.

Oil prices rose about 1% on Tuesday, up from

13-month lows as the number of new

coronavirus cases slowed in China, easing some concern over the potential for lengthy oil

demand destruction.

Frankfurt Commercial aircraft maker Airbus lost 1.36C billion euros ($1.48 billion) in 2019 because of a multibillion-euro bribery settlement with authorities in three countries, but otherwise saw a record year of aircraft deliveries and increased its dividend.

Operating earnings without one-time burdens rose 19% to 6.9 billion euros. The company said Thursday it would propose a dividend of 1.80 euros per share, up 9% from 2017. Revenues rose 11% to 70.5 billion euros as the company ramped up production of its A320 twinjet.

Airbus saw deliveries of 863 commercial aircraft, up from 800 in the year before. The company boosted orders to 768 as competitor Boeing stumbled because of the grounding of its 737 MAX jet after two crashes that killed 346 people. Boeing's net orders were negative because of cancellations and the bankruptcy of a large customer, India's Jet Airways, and came in at minus 87.

The large net loss reflected 3.6 billion euros set aside to cover a criminal settlement with authorities in the U.S., France and Britain over past corrupt practices. The company also lost 1.2 billion euros because of troubles with its A400M military transport program and 221 million euros because the German government suspended export licenses to Saudi Arabia through March.

New Delhi The most important in financial planning is to create a large fund to meet the post-retirement needs. It is very important to spend that stage of your life happily without any problems. By the way, there are two stages in a person's life. The first is the stage of accumulation. In this, a person accumulates wealth by his efforts. The second stage is the retirement stage. In this stage, when a person is not able to make effort as before, he uses the accumulated wealth to fulfill his needs.

1. At present, NPS i.e. National Pension System is the most popular option in the country for retirement funds. The scheme has 1.25 crore subscribers, of which 44 lakh are from the private sector. It is a government retirement saving scheme.

2. The best thing is that it is managed just like a mutual fund. This is why it can earn very good returns.

3. The scheme is for both government and private sector employees. The scheme is compulsory for all government employees who join the job after January 1, 2004.

4. In the scheme the customer has to deposit some amount under NPS every month during his job.

5. After retirement, employees can withdraw a part of the fund prepared and take an annuity from the remaining amount for regular income.

6. NPS can include people from 18 to 60 years.7. NPS account can be opened in almost all

government and private banks of the country.

How NPS worksNPS is managed just like a mutual fund.

According to Sebi Registered Investment Advisor Jitendra Solanki, there are three ways to invest in it. First equity, second corporate bond and third government securities. The customer gets both asset allocation and auto choice options to decide his investment.

�Gold Futures price On Tuesday, the gold futures price of April 3, 2020 fell 0.63 per cent or Rs 257 to Rs 40422 per 10 grams on the MCX exchange. Pixabay

NPS: Get Rs 1 crore in 25 years by depositing Rs 5,000 every month, know how it works

New Delhi Economic activity has possible risks, Sunil Damania, CIO, disruption caused by the virus in almost come to a standstill in China MarketsMojo.com, said: "There is a China could pave way for more as major businesses and investors great danger that world economic foreign investments in emerging remain spooked about the future growth could take a beating due to economies like India, Bangladesh, impact of the novel respiratory virus the virus as China accounts for 12 per and Vietnam as the world looks to (2019-nCOV or COVID-19) cent of world's GDP growth reduce dependency on China, the outbreak, which has already claimed rate.""There could be a severe largest manufacturing hub in the over 1,300 lives and caused over indirect impact on many producers world.Experts feel that India has a 48,000 infections.Disturbance (outside China) who source their raw good chance of becoming an caused by the flu-like virus has materials or componnts from China," attractive manufacturing hub given affected key sectors like global he added.But with no sign of a the present situation, provided the tourism, trade, manufacturing and breakthrough in containing the virus, government tweaks some of its trade export/import. But the biggest jolt analysts at S&P say Chinese policies to bring down commodity has come from the shutdown of many production activities are likely to prices.H Nemkumar, Head - businesses--from major retail chains remain subdued for nearly two Institutional Equities, IIFL, said the to automobile and smartphone quarters before a revival. Economists ill-fated coronavirus outbreak in manufacturing firms--in mainland also predict that the virus outbreak in China has offered India with an China.As a result, countries that have China could reduce global GDP by opening to revive the 'Make in India'

programme.Coronavirus death toll a high dependency on China for almost 0.3 per cent.Coronavirus: goods--especially small components 14,000 new cases in one day after touches 1,310 in China's Hubei and parts--have suffered. Market China switches to new detection provinceIn a recent interview with experts fear that the world's over- methodThis puts global growth at the Economic Times, Nemkumar reliance on China will continue to risk and foreign entities who have said global companies are always hurt global growth until the virus is investments in China may decide to looking to diversify their sources of contained.Coronavirus outbreak p a r k t h e i r m o n e y supply and India has always been up Live UpdatesCommenting on the elsewhere.Economists say the on their radar.

Gold Futures price: gold-silver futures and global prices surge, know price

New Delhi: Investors are investing more in gold considered safe haven due to the sharp increase in the number of deaths from the corona virus. Due to this, the price of gold on the international level is showing an increase today on 13 February i.e. Thursday. Due to the rise in global prices, gold futures prices are also seen increasing on Thursday. Also, silver futures are also seeing a boom.

On Thursday morning, on April 3, 2020, gold futures on the MCX exchange was up 0.42 per cent or Rs 172 to trade at Rs 40656 per 10 grams. Significantly, the spot price of gold had fallen by Rs 128 on Wednesday, closing at Rs 41,148 per 10 grams.

Along with gold, silver futures are also seeing a significant increase on Thursday. The futures price of silver on March 5, 2020 was trending at Rs 45790 per kg with a rise of 0.64 per cent or Rs 290 on Thursday. Talking about the spot price, on Wednesday, silver fell by Rs 700 to close at Rs 46,360 per kg.Talking about international prices, according to Bloomberg, the spot price of gold was trading up 0.46 percent or $ 7.27 on Thursday morning at $ 1573.33 an ounce. Along with gold, silver is also seen on the spot on Thursday. It was trading up 0.75 per cent, or $ 0.13, on Thursday morning at $ 17.62 an ounce.

�She said FDI stood at $24.4 billion at the end of November 2019, as against $21.1 billion the year before

Will Coronovirus shift global investment from China to India?

Page 3: o$~«wdmar 2020 13 · 4 Friday 14 February 2020 National ACTIVE TIMES NEWS BOX NATIONAL Pratapgarh (UP) The father and two uncles of a 23-year-old woman have been arrested in …

Notice is hereby given that my client Mr. Rajaram Buddhu Chaudhary, has purchased a Agr icul tural Land admeasuring about 22 Guntha, out of total 86 Guntha's plot, situate at Survey no. 142, in Village – Jhanjhroli, Taluka & Dist. Palghar from Mr. Sanjay Banvashi Yadav, and now applying to get his name added in 7/12 extract & revenue record of Government of Maharashtra. It is to inform all persons having any claim in, to or upon the said property or any part thereof by way of lease, lien, gif t , l icense, inheritance, sale, exchange, easement, mortgage, charge or otherwise howsoever, should make the same known to the undersigned in writing at the address mentioned below, specifically stating therein the exact nature of such claim, if any, together with documentary evidence thereof, within 14 days from the date of this notice, failing which any such claim in, to or upon the said property or any part thereof shall be deemed to have been waived and the transaction shall be completed without any reference to such claim.

PUBLIC NOTICE

Sd/-Abhijeet Tripathi (Advocate)

23/B, 003, Saraf Chaudhary Nagar,Thakur, Complex, Kandivali (E),

Mumbai 400101 9004695666 & 9082982820 Date: 14/02/2020

Advertisement under Regulation 18(7) in terms of SEBI (Substantial Acquisition of Shares

and Takeovers) Regulations, 2011, as amended.

M. B. PARIKH FINSTOCKS LIMITED

Registered Office: 705, Galav Chambers, Sayajigunj, Vadodara - 390005, Gujarat, India;

Tel: +91 265 2362909; Fax: NA; Email: [email protected];

Website: www.mbpfin.com; Corporate Identification Number: L65910GJ1994PLC021759

======================================================================================

This Advertisement is being issued by Saffron Capital Advisors Private Limited (‘Manager to the Offer’), on behalf of Mr.

Denis Desai (“Acquirer”), pursuant to Regulation 18 (7) of the Securities and Exchange Board of India (Substantial Acquisition

of Shares and Takeovers) Regulations 2011 (“Takeover Regulations”) in respect of the open offer to acquire equity shares

of the M.B. Parikh Finstocks Limited (“Target Company”) (“Open Offer”). The Detailed Public Statement (“DPS”) with

respect to the aforementioned Open offer was published on December 19, 2019 in Financial Express (English National

Daily), Jansatta (Hindi National Daily), Mumbai Lakshadweep (Marathi Daily) and Financial Express (Gujarati Edition -

Registered Office of Company Situated). Subsequently, corrigendum to DPS was published on February 12, 2020

(“Corrigendum”) in the same newspapers in which the DPS was published.

The shareholders of the Target Company are requested to kindly note the following:

1. Offer Price is Rs. 15/- (Rupees Fifteen Only) per Equity Share. There has been no upward revision in the Offer Price.

2. Committee of Independent Directors (hereinafter referred to as “IDC”) of the Target Company has recommended that

the Offer is fair and reasonable and in line with the SEBI (SAST) Regulations. Fur ther, IDC is of the view that the Offer

Price is in line with the parameters prescribed by SEBI in the SEBI (SAST) Regulations. The IDC’s recommendation was

published on February 13, 2020 in the same newspapers in which the DPS was published.

3. The Open Offer is not a competing offer in terms of Regulation 20 of Takeover Regulations.

4. The Letter of Offer with respect to the Open Offer (“LoF”) dated February 03, 2020, was dispatched on February 10,

2020 to all the Eligible Public Shareholders of the Target Company holding Equity Shares as on the Identified Date,

February 03, 2020.

5. Public Shareholders are required to refer to the Section titled “Procedure for Acceptance and Settlement of the Offer” at

page 27 of the LoF in relation to inter alia the procedure for tendering their Equity Shares in the Open Offer and are

required to adhere to and follow the procedure outlined therein.

6. Please note that a copy of the LoF will also be available on SEBI’s website (www.sebi.gov.in).

7. Instructions for Public Shareholders:

a. In case of Equity Shares held in physical form: a) As per the proviso to Regulation 40(1) of the SEBI (LODR)

Regulations (as amended by the Securities and Exchange Board of India (Listing Obligations and Disclosure

Requirements) (Fourth Amendment) Regulations, 2018), effective from April 01, 2019, requests for effecting

transfer of securities shall not be processed unless the securities are held in the dematerialized form with a depository.

ACCORDINGLY, THE PUBLIC SHAREHOLDERS WHO ARE HOLDING EQUITY SHARES IN PHYSICAL FORM AND

ARE DESIROUS OF TENDERING THEIR EQUITY SHARES IN THE OPEN OFFER CAN DO SO ONLY AFTER THE

EQUITY SHARES ARE DEMATERIALIZED. SUCH PUBLIC SHAREHOLDERS ARE ADVISED TO APPROACH ANY

DEPOSITORY PARTICIPANT TO HAVE THEIR EQUITY SHARES DEMATERIALIZED.

b. In case of Equity Shares held in dematerialized form: An Eligible person may participate in the Open Offer by

approaching their broker/selling member and tender shares in the open offer as per the procedure as mentioned in

the LoF along with other details. The Public Shareholders holding Shares in Demat mode are not required to fill

any Form of Acceptance.

8. In terms of Regulation 16(1) of the SEBI (SAST) Regulations, the Draft Letter of Offer was submitted to SEBI on

December 24, 2019. All observations received from SEBI by way of their letter no. SEBI/HO/CFD/DCR-1/OW/P/2020/

39331/1 dated January 30, 2020 in terms of Regulation 16(4) of the SEBI (SAST) Regulations have been incorporated

in the LoF.

9. There have been no other material changes in relation to the Offer, since the date of the public announcement was on

December 16, 2019, save as otherwise disclosed in the DPS and Corrigendum.

10. Schedule of Activities:

Activity Day and Date#

Public Announcement (PA) Monday, December 16, 2019

Publication of DPS in the newspapers Thursday, December 19, 2019

Filing of the draft letter of offer with SEBI Tuesday, December 24, 2019

Last date for a competitive bid Friday, January 10, 2020

Last date for SEBI observations on draft letter of offer (in the event SEBI has not Thursday, January 30, 2020

sought clarifications or additional information from the Manager to the Offer)

Identified Date* Monday, February 03, 2020

Letter of Offer to be dispatched to Public shareholders Monday, February 10, 2020

Last date for revising the Offer price/ number of shares Friday, February 14, 2020

Last Date by which the committee of the independent directors of the Target Thursday, February 13, 2020

Company shall give its recommendation

Date of publication of Offer Opening Public Announcement Friday, February 14, 2020

Date of commencement of Tendering Period (Offer Opening Date) Monday, February 17, 2020

Date of Expiry of Tendering Period (Offer Closing Date) Tuesday, March 03, 2020

Last Date for completion of all requirements including payment of consideration Wednesday, March 18, 2020

* Identified Date is only for the purpose of determining the names of the Public Shareholders of the Target Company as on

such date to whom the Letter of Offer would be sent. It is clarified that all the Public Shareholders holding Equity Shares

of the Target Company (registered or unregistered) are eligible to participate in this Offer any time before the closure of

this Offer.

The above timelines are tentative (prepared on the basis of timelines provided under the Takeover Regulations) and are

subject to change for any reason, including, but not limited, delays in receipt of approvals (including from RBI) or comments

from regulatory authorities.

Capitalised terms used but not defined in this Advertisement shall have the same meanings assigned to such terms in the

Public Announcement and/or DPS and/or LoF and/or Corrigendum. The Acquirer accept full responsibility for the information

contained in this Advertisement and also for the obligations of the Acquirer as laid down in SEBI (SAST) Regulations. This

Advertisement will also be available on SEBI’s website at www.sebi.gov.in

Issued by the Manager to the Offer on behalf of the Acquirer

SAFFRON CAPITAL ADVISORS PRIVATE LIMITED

Corporate Identification Number: U67120MH2007PTC166711

605, Sixth Floor, Centre Point, J.B. Nagar, Andheri (East), Mumbai - 400 059, Maharashtra, India.

Tel. No.: +91 22 4082 0914/915; Fax No.: +91 22 4082 0999

Email id: [email protected]; Website: www.saffronadvisor.com

Investor grievance: [email protected]

SEBI Registration Number: INM 000011211; Validity of Registration: Permanent

Contact Person: Amit Wagle/Gaurav Khandelwal

Place: Mumbai; Date: February 13, 2020

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SAFFRON

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