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| HC restores shops | | BAHU PLAZA ALLOTMENTS | | |
EARLY TIMES REPORT
Jammu, June 1: In a significant order, the Jammu and Kashmir High Court today quashed the order of state government which had cancelled allotment of 31 shops by Jammu Development Authority to several private persons at the posh Bahu Plaza.
The order was cancelled by then Chief Minister Ghulam Nabi Azad when media reported irregularities and flouting of norms in allotment of a shop/hall to one of his brothers.
The High Court today quashed the Government order No 1126-GAD dated September 22, 2007, directing the JDA to cancel the allotments of 31 shops/ halls situated at South Block, Bahu Plaza Complex Jammu and take appropriate steps for restoration of property.
While allowing a batch of petitions challenging the impugned government order Justice JP Singh of J&K High Court Jammu Wing today, in a landmark judgment, quashed the impugned order.
The Government order dated September 22, 2007 has been questioned in batch of writ petitions justifying the allotments of shops/halls in the favour of the petitioners and pleaded that the Government order impugned, can... | |
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FRONT PAGE STORIES |
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| Farooq says will continue as NC chief | | | | EARLY TIMES REPORT
Jammu, June 01- Even after becoming Union Minister in the cabinet of Dr Manmohan Singh, National Conference Chief Dr Farooq Abdullah is not willing to handover the charge of the party.
In an exclusive interview to a private news channel in New Delhi Dr Abdullah has made it clear that even after becoming union minister he will continue to hold the charge of the party president and had no plans of giving up.
"I will keep the charge of the party with me and I will continue to look after the party affairs", Dr Abdullah made it clear during half an hour interview.
On the question of becoming chief minister and inviting Omar Abdullah to New Delhi, Dr Abdullah jokingl... | |
| | | | Meira resigns, to become Speaker | | | | AGENCIES
New Delhi Jun 1: Meira Kumar tonight resigned from the Union Cabinet to pave the way for her election as the first woman Speaker of the Lok Sabha.
A communiqu from Rashtrapathi Bhavan said that President Pratibha Devisingh Patil has accepted her resignation as Water Resources minister and her portfolio will be looked after by Prime Minister Manmohan Singh.
Sixty-four-year-old Meira's resignation comes in the wake of her meeting with Congress President Sonia Gandhi who conveyed to her the Party's decision to nominate her to the post of Speaker, the election to which is slated for June three.
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| | | | Sensex at nine-month high | | | | AGENCIES
MUMBAI June 1
The Bombay Stock Exchange benchmark Sensex climbed to hit its nine-month high, rising over 281 points in early trade on Monday, with metal and realty stocks leading the rally, supported by firming global equity markets.
The 30-share index, which had gained nearly 1,040 points in the last three sessions, jumped 281.56 points, or 1.65%, to 14,906.81, a level last seen in September 2008.
Similarly, the wide-based National Stock Exchange index Nifty regained the 4,500-points level to quote 90.15 points higher at 4,539.10.
Stock brokers said series of positive factors, such as firming global markets, good GDP numbers and flow of funds into the domestic markets, ma... | |
| | | | 54 cross sides on Loc at Chakan-Da-Bagh | | | | EARLY TIMES REPORT
Srinagar: Fifty four civilians including thirteen first timers from Pakistan Administered Kashmir exchanged sides at Line of Control (LoC) via Chakan-Da-Bagh on Poonch-Rawlakote route during weekly crossing on Monday.
Official said that 16 civilians left for PaK from Poonch. Among them, three were citizens from Poonch while 13 were returnees of PaK after meeting their families and relatives on this side for the first time since the Indo-Pak partition.
From PaK, 38 civilians reached Poonch. They include 13 first timers from PaK while 25 remaining were returnees, who came back to Poonch after their 28-day stay in PaK.
Sadiq Malik, ACR Hajeera (PaK) represented PaK at C... | |
| | | | Business begins for 15th Lok Sabha | | | | AGENCIES
New Delhi, June 1: First Day, First Show. And it was predictably full House, as India's parliament, meeting for the first time after the national election, came alive with the rainbow colours of the country amid a babel of tongues that speak for this polyglot nation.
The young and the old, the rulers and the defeated, comrades-in-arms and arch-rivals who don't see eye to eye - most of the 543 MPs of the 15th Lok Sabha gathered for that sacred oath of public duty that marks their calling as law-makers.
Sonia Gandhi, the Congress president looked winsome in a green sari matched with a maroon blouse, Minister of State for External Affairs Shashi Tharoor sporting a tricolour angava... | |
| | | | CM orders judicial inquiry in Shopian rape, murder incidents | | | | EARLY TIMES REPORT
Srinagar, June 1: Chief Minister Omar Abdullah today announced judicial enquiry, headed by retired Justice Muzaffar Jan, to probe the mysterious death of two women in Shopian district on Friday. He said Justice Jan will probe the circumstances leading to the death of these women and submit report in one month to the Government, which will be subsequently tabled in the Assembly to make the facts public.
The Chief Minister said his government will not hide facts, nor shield guilty persons or tolerate abuse of power. “If I have to choose between credibility and power, I will sacrifice power since people’s trust is paramount for me”, he said.
The Chief Minister said this ... | |
| | | | Madan takes oath in Dogri | | | | EARLY TIMES REPORT
Jammu, June 1: The second time member parliament Madan Lal Sharma, took oath in Dogri language at parliament house New Delhi. Sharma said, “In order to promote the Dogri language, he took oath in Dogri”. He also appealed that the will work for the development of Jammu and Kashmir especially the Jammu-Poonch parliamentary constituency and come to the expectations of the people who overwhelmely gave him their mandate.
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| | | | DC Shopian transferred | | | | EARLY TIMES REPORT
Srinagar, June 1: Taking strong notice of district adminsitration’s failure to deal with the situation following the alleged rape and murder of a girl and a woman, Jammu and Kashmir government today ordered transfer of Deputy Commission Shopian.
As per the order issued by GAD Mohammad Ramzan Thakur, Deputy Commissioner, Shopian has been transferred and posted as Additional commission Kashmir, against an available vacancy. He is retiring on June 30, 2009.
Abdul Majid Khandey Deputy Commissioner, Ganderbal has been appointed as new Deputy Commissioner Shopian.
The order further says that Iftikhar-ul-Hasnain (KAS), Additional District Development Commissioner Ganderbal ... | |
| | | | JK Bank Q4 net up by 31.4% | | | | Early Time Report
Jammu Jun 1
Jammu and Kashmir Bank has announced its fourth quarter numbers. Its net profit increased 31.4% to Rs 78.58 crore for the quarter ended March 2009 versus Rs 59.8 crore in same quarter of previous year.
Official spokesperson of the bank stated that net interest income was up by 11.6% from Rs 224.35 crore to Rs 250.58 crore. Higher other income and lower tax also boosted bottomline of the bank. Tax was lower due to adjustment of deferred tax.
‘The bank has made provision of Rs 64.6 crore as against Rs 44 crore, YoY.
The bank has filed a claim of Rs 21 crore with RBI for Farm Loan Waiver and will have to make a further claim of Rs 4.55 crore, he said.
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STOCK UPDATE |
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Sensex |
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Nifty |
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CRICKET UPDATE |
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