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TOP STORY OF THE DAY |
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| JK Bank violated Securities and Exchange Board of India’s guidelines, past audits come under scanner | | Through rules to wind, Bank appointed non-independent Director as Chairman Audit committee | | | Early Times Report
Jammu, Nov 2: Jammu and Kashmir Bank for the past five years violated the guidelines issued by the Securities and Exchange Board of India (SEBI) in accordance to which Chairman of the Audit Committee in the bank shall be an independent Director. However, in violation of the provisions, the Chairman of the Audit Committee for the years 2013-14, 2014-15, and 2016-17 was a non-independent Director. This has put a big question mark on the authenticity of the audits conducted with the bank from 2013 to the end of the financial year 2017.
A Company includes various stakeholders viz. investors, shareholders, customers, employees, vendor partners, government, and society. Its objective is not confined to maximizing the shareholder value but should be responsible to all stakeholders. Its governance should be fair and transparent to all stakeholders in all its transactions. J&K Bank is a listed entity on the major stock exchanges – National Stock Exchange and Bombay Stock Exchange. For a Company to be listed on the stock exchange, it has to sign an agreement which is kn... | |
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FRONT PAGE STORIES |
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| PM Modi meets Israel, Nepal PMs, Ukraine President | | | |
Agencies
Glasgow/New Delhi, Nov 2: Prime Minister Narendra Modi on Tuesday held bilateral meetings with a number of world leaders, including Israeli Prime Minister Naftali Bennett, Nepal PM Sher Bahadur Deuba and Ukraine President Volodymyr Zelensky on the sidelines of the COP26 in Glasgow. PM Modi and his Israeli counterpart had met on the sidelines of the COP26 on Monday, and exchanged a lively conversation like old friends, though it was their first meeting, which was symbolic of the close ties between the two countries.
On Tuesday, the two leaders held their first bilateral engagement during which the two sides reviewed the bilateral ties and discussed expanding cooperation in are... | |
| | | | Police Officer, school Principal Sacked for working with Terror outfits | | | |
Early Times Report
Srinagar, Nov 2: The government on Thursday terminated a police official and Higher Secondary school for actively working with terrorist outfits.
The Government has invoked 311 (2) (c) of the Constitution of India against Feroz Ahmad Lone, Deputy Superintendent of Jails, J&K Prison Department and Javid Ahmad Shah, Principal Govt. GHSS Bijbehara to sack them and terminate their services.
According to reports, the investigation has revealed that DSP Lone hatched a criminal conspiracy with terror commanders to send youths illegally into Pakistan/PoK, so as to give them weapons training and later push them back into Kashmir as active terrorists of Hizbul Mujahideen and... | |
| | | | Food Safety Deptt declares PDS rice ‘unsafe, substandard’ | | | | Saahil Suhail
Early Times Report
Anantnag, Nov 2: The Food Safety and Standards Department has declared the PDS rice, which was being distributed in Anchidoora locality of Anantnag town, unsafe and substandard.
The Food Safety and Standards Department had lifted the sample from a Fair Price Shop in South Kashmir’s Anantnag district in the month of September this year. In its reports, the Food Analyst of Kashmir, Mufti Imtiyaz Ahmad Farooqi said that the sample doesn’t conform to the standards prescribed for milled rice.
“Sample contained live and dead insects, rodent hair and rodent contamination which is contravention of section 3(zz) (ii) (ix) of Food Safety and Standards Act 2006... | |
| | | | DPO fixes another day for voting on no confidence motion against BDC Palmar | | | | Asif Iqbal Naik
Early Times Report
KISHTWAR, Nov 2: After four Sarpanches of Block Palmar moved No Confidence Motion against Chairperson, Block Development Council, Block Palmar Laita Devi, the District Panchayat Officer (DPO) Kishtwar today presided over the meeting in which the BDC Palmar didn’t appear forcing DPO Kishtwar to postpone the meeting for next date as a part of procedure to given an opportunity to the BDC Chairperson to be heard.
As per the details available with Early Times, four Sarpanches Vijay Kumar, Shahzada Banoo, Amina Begum and Mohammad Abdullah Kichloo moved the motion against BDC on the allegations that her action had almost hindered all the developmental work... | |
| | | | Drass records -8.4 C, Gulmarg -2 C | | | |
Early Times Report
Srinagar, Nov 2: Nights in the Kashmir Valley became colder as the mercury plunged several notches and the famous ski resort of Gulmarg recorded minus 2 degrees Celsius on Tuesday. The MeT forecast mainly dry weather to continue in the valley for the next 24 hours.
Drass was the coldest region in Ladakh at minus 8.4 degrees Celsius, against the minus 10 the previous night, showing a considerable improvement in the night temperature in the UT, the MeT said.
He said Leh and Kargil in Ladakh Union Territory (UT) witnessed minus 2.1 degrees Celsius and minus 3.5 degrees Celsius as night temperature respectively, the MeT office added.
The famous ski resort of Gulmarg ... | |
| | | | OGW arrested, arms recovered | | | |
Early Times Report
Srinagar, Nov 2: Security forces on Tuesday apprehended an Over Ground Worker (OGW) and recovered arms and ammunition from his possession in frontier Kashmir district of Kupwara.
Official sources said, on a tip off security forces raided the house of one Adil Hussain at Takia Badarkote in Kupwra and during the searches two AK 47 rifles, two magazines and 208 rounds were recovered.
They said on questioning the accused revealed the name of another associate identified as Faraz Ahmad, believed to be the main supplier of the weapons to militants, led to another search operation during which the security forces recovered four pistols, five magazines and a packet of ... | |
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