Tag: addresses

  • ‘We cannot and will not normalize serious criminal conduct’: Bragg addresses media after Trump arraignment

    ‘We cannot and will not normalize serious criminal conduct’: Bragg addresses media after Trump arraignment

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    As part of that scheme, Bragg said, Trump and others made three different payments to people who claimed to have negative information about the former president that Trump and his allies worried would hurt his chances at winning the 2016 presidential election. One of those three people was Stormy Daniels, Bragg said, the porn star who claimed she had an affair with Trump — and whom Cohen has admitted to making a $130,000 hush money payment to, claiming he did so at Trump’s behest.

    “Why did Donald Trump repeatedly make these false statements? The evidence will show that he did so to cover up crimes relating to the 2016 election,” Bragg said.

    In a statement released just after Trump’s arraignment earlier Tuesday, Bragg said that “Manhattan is home to the country’s most significant business market. We cannot allow New York businesses to manipulate their records to cover up criminal conduct. As the Statement of Facts describes, the trail of money and lies exposes a pattern that, the People allege, violates one of New York’s basic and fundamental business laws. As this office has done time and time again, we today uphold our solemn responsibility to ensure that everyone stands equal before the law.”

    The former president repeatedly attacked Bragg in posts on Truth Social in the weeks leading up to Tuesday’s arraignment, calling him “racist,” an “animal.” Trump was criticized for a post — which has since been deleted — that showed a photo of him holding a baseball bat next to a photo of Bragg, with a warning that his indictment could cause “potential death & destruction” around the country. Trump later denied knowingly posting the photo.

    The press conference was one of the first times Bragg spoke publicly about the case, though his office had previously addressed it in a letter to some House Republicans after they demanded Bragg release information related to the indictment.

    “Like any other defendant, Mr. Trump is entitled to challenge these charges in court and avail himself of all processes and protections that New York State’s robust criminal procedure affords. What neither Mr. Trump nor Congress may do is interfere with the ordinary course of proceedings in New York State,” Bragg’s office wrote in a letter to Judiciary, Oversight and Administration Chairs Jim Jordan (R-Ohio), James Comer (R-Ky.) and Bryan Steil (R-Wis.).

    “We urge you to refrain from these inflammatory accusations, withdraw your demand for information, and let the criminal justice process proceed without unlawful political interference,” the letter said.

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    ( With inputs from : www.politico.com )

  • Lt Governor addresses inauguration ceremony of Saran Dairy Producer Co. Ltd at Gopalganj, Bihar

    Lt Governor addresses inauguration ceremony of Saran Dairy Producer Co. Ltd at Gopalganj, Bihar

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    Bihar, March 16: Lieutenant Governor Shri Manoj Sinha addressed the inauguration ceremony of Saran Dairy Producer Co. Ltd at Gopalganj, Bihar today.

    Speaking on the occasion, the Lt Governor highlighted the role of Dairy Sector in uplifting the rural economy, lives of small and marginal farmers and strengthening the spirit of Cooperatives.

    “Dairy Sector has strengthened the rural economy and enhanced the economic condition of millions of small and marginal farmers of the country. This sector has empowered the women through Self Help groups and they are playing the key role in delivering social and economic benefits to the rural economy,” said the Lt Governor.

    The Lt Governor remembered the valuable contributions of great personalities like Dr. Rajendra Prasad, Sardar Vallabhbhai Patel, Tribhuvandas and Verghese Kurien in strengthening the Cooperative movement and laying the foundation of Milk Revolution in India.

    After Independence, Gujarat and Bihar witnessed the rise of the Cooperative revolution. Cooperatives have worked as a strong pillar for economic and social development of the poor & marginalized sections, he added.

    Today, the Dairy sector is making enormous social and economic contribution and developing vibrant ecosystem of rural milk producers through Cooperative Societies & Self-Help Groups to generate significant economic activity & employment, the Lt Governor further added.

    The Lt Governor appreciated the endeavour of the Saran Dairy Producer Co. Ltd for bringing together the unorganized rural milk producers under the structure of Dairy Cooperative Societies, Self-Help Groups and providing them an opportunity to earn a better livelihood.

    He further called upon the women self-help groups to join this noble initiative in large numbers to become socially and financially empowered.

    All the stakeholders, Dairy units must come together to support small & marginal farmers, youth and women to create a strong and vibrant force of dairy entrepreneurs in the country, the Lt Governor observed.

    It will be a significant step to strengthen the spirit of cooperation. The Hon’ble Prime Minister’s mantra of ‘Sahkar Se Samriddhi’ will guide us on our path to improving the rural economy and protecting the interest of the farmers, said the Lt Governor.

    The Lt Governor called upon the dairy farmers & milk production units to focus on value-addition to meet the increasing market demand and to make the sector more lucrative.

    Total milk production had reached 221 million tonnes in 2022 from 138 million tonnes in 2013 which has also increased the income of the farmers and other stakeholders associated with the sector, he noted.

    The growth rate of milk production in India is more than 6% per year which is more than the milk production rate of other countries. There has also been an increase of 6% in the number of total milch animals which is an encouraging sign for the dairy sector, added the Lt Governor.

    Sh Kumar Rakesh, Director Saran Dairy Producer Co. Ltd; milk producers, farmers and prominent citizens from all walks of life were present on the occasion.

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    ( With inputs from : roshankashmir.net )

  • Gautam Adani addresses investors after calling off Rs 20K cr FPO

    Gautam Adani addresses investors after calling off Rs 20K cr FPO

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    New Delhi: A day after deciding not to go-ahead with the fully subscribed Follow-on Public Offer (FPO), Adani Enterprises Ltd chairman Gautam Adani on Thursday said it would not be “morally correct” to go ahead with the Rs 20,000-crore share in the current market condition.

    “After a fully subscribed FPO, yesterday’s decision of its withdrawal would have surprised many. But considering the volatility of the market seen yesterday, the board strongly felt that it would not be morally correct to proceed with the FPO,” Adani said in his address to investors after withdrawal of the fully subscribed FPO.

    Adani said in his humble journey of over four decades as an entrepreneur, “I have been blessed to receive overwhelming support from all stakeholders, particularly the investor community. It is important for me to confess that whatever little I have achieved in life is due to the faith and trust reposed by them. I owe all my success to them.”

    “For me, the interest of my investors is paramount and everything is secondary. Hence to insulate the investors from potential losses we have withdrawn the FPO,” he said.

    This decision, he said “will not have any impact on our existing operations and future plans. We will continue to focus on timely execution and delivery of projects.”

    “The fundamentals of our company are strong. Our balance sheet is healthy and assets, robust. Our EBIDTA levels and cash flows have been very strong and we have an impeccable track record of fulfilling our debt obligations. We will continue to focus on long term value creation and growth will be managed by internal accruals,” Adani said.

    “Once the market stabilizes, we will review our capital market strategy,” he said.

    “We have a strong focus on ESG and every business of ours will continue to create value in a responsible way. The strongest validation of our governance principles, comes from several international partnerships we have built across our different entities,” Adani said.

    “I take this opportunity to thank our investment bankers, institutional investors and shareholders from within and outside the country for giving unflinching support to the FPO.”

    Thanking investors, he said, “Despite the volatility in the stock over the last week your faith and belief in the company, its business and its management has been extremely reassuring and humbling.”

    Shares of Adani Enterprises nosedived sharply on Wednesday, a day after its follow-on public offer closed for the subscription. The shares of Adani Group flagship company closed at Rs 2,179.75 with a sharp decline of 26.70 per cent. Its intraday low was Rs 1,941.2, over 30 per cent lower than Tuesday’s settlement price. On Tuesday, the last day for subscription, the follow-on public offer (FPO) issued by Adani Enterprises was fully subscribed.

    A follow-on public offering (FPO) is the issuance of shares to investors by a company listed on a stock exchange after its initial public offerings.

    Data showed the demand for the FPO was led by non-institutional investors, and they subscribed to the shares 3.26 times. The portion for institutional investors was also oversubscribed.

    On Monday, an Abu Dhabi-based diversified conglomerate International Holding Company announced that it will invest about USD 400 million (AED 1.4 billion) into the Adani Enterprises’ follow-on public offer (FPO) through its subsidiary Green Transmission Investment Holding RSC Limited.

    Adani Enterprises had filed a red herring prospectus with the markets regulator Securities and Exchange Board of India (SEBI) for the Rs 20,000 crore follow-on public offer (FPO), the largest ever in India. There were concerns that the FPO may not receive a strong response from investors amid a report by a US-based Hindenburg Research that surfaced on January 24, which claimed the Adani Group of having weak business fundamentals among others.

    The US-based firm, in its report, raised concerns about shares of Adani group companies having a possibility of declining from their current levels, owing to high valuations. In response, Adani Group on Sunday said the recent report by Hindenburg Research was not an attack on any specific company but a “calculated attack” on India, its growth story, and ambitions. It added the report was “nothing but a lie”.

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    ( With inputs from www.siasat.com )

  • Lt Governor addresses seminar on Jammu Kashmir organized by Mahamana Malaviya Mission at Lucknow

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    LUCKNOW, JANUARY 31: Lieutenant Governor Manoj Sinha addressed a seminar on Jammu Kashmir organized by Mahamana Malaviya Mission at Lucknow.

    Speaking on the occasion the Lt Governor said, “J&K’s journey since August 2019 & robust and consistent growth has given new confidence and people are striving their utmost in pursuit of a common vision to build a bright future.”

    We have given greater thrust to infrastructure development, transforming rural landscape, best health care facilities, making governance responsive, transparent, easily accessible & reviving agriculture, industry & service sector for sustainable development, the Lt Governor observed.

    Highlighting the performance of Jammu Kashmir in different sectors and achievements, the Lt Governor said the administration has taken several measures to ensure social equality so that all citizens enjoy equal economic opportunity and they are empowered to contribute to nation building.

    Today, every citizen of J&K is contributing to UT’s journey of progress. All sections of society, farmers, youths, women, tribals in J&K are feeling empowered for the first time in seven decades, the Lt Governor observed.

    Sharing the historic journey of new J&K over the past three years, the Lt Governor said under the guidance of the Hon’ble Prime Minister, the city of Jammu has emerged as the centre of educational institutions. Tourism sector is scaling new height. The glorious era of film shooting has also returned to Jammu Kashmir.

    “Following the ideals of Mahamana Pandit Madan Mohan Malaviya, our endeavour is to enhance economic prosperity in rural areas and fulfill the resolution of AtmaNirbhar Jammu Kashmir,” the Lt Governor said.

    “The development and productive engagement of youth of Jammu Kashmir has been prioritized. Employment avenues in the government, corporate sector and opportunities are being provided to young boys and girls to become entrepreneurs. Since August 2019, financial assistance and requisite training has been provided to 6 lakh young boys and girls to start their business venture,” the Lt Governor added.

    Sh. Prabhu Narain Srivastava, President, Mahamana Malaviya Mission; Sh Devendra Swaroop Shukla, General Secretary; Dr A K Thakkar, Vice President, Mahamana Malaviya Mission; Sh Ajay Srivastav, Trustee, Narayan Seva Sansthan; office bearers and large number of people were present on the occasion.

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    ( With inputs from : roshankashmir.net )