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Sebi pulls up Kirloskar Industries Promoters for fraud

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  The markets regulator has charged promotors of Kirloskar Industries, Atul & Rahul Kirloskar with fraud in a decade-old case of the promoter group selling a 13.5% stake in the then-ailing company KBL to Kirloskar Industries Ltd, harming the interests of minority investors. In a show-cause notice to the six promoters of KBL and two others, Sebi alleged that the promoter group was aware of the precarious financial condition of KBL when these shares were sold, committing a fraud on minority shareholders of Kirloskar Industries. The notice was sent in December 2019. As reported in media, Sebi’s assessment is that the ill-gotten gains in the transaction could be in excess of ₹350 crore, which includes the value of the sale transaction and profit The promoter group on October 6, 2010 sold 10.72 million shares of KBL worth ₹275 crore in the company to Kirloskar Industries. Sebi has charged the individual promoters of KBL and two others under the Prevention of Fraud and Unfair Trade P...

Condronet technique performed successfully for the first time in pune at Saishree Hospital

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·          Condronet technique or the Graftnet technique is a single-stage technique which can be extended to any age group ·          The procedure-related morbidity is less since it's minimally invasive, as it’s an arthroscopic surgery ·          Condronet technique is a single-stage technique and precisely the cartilage tissue is removed from the own knee & implanted on the affected side of the kneezzz   22-year-old Satej fell in the house and injured himself, and he went to the saishree hospital. As the pain was excruciating, Dr Neeraj Adkar (Chief orthopaedic surgeon & MD of SaiShree hospital) promptly reduced the dislocated patella to provide relief from pain. Usually, in such cases, pain relief is immediate and almost complete. However, Satej was still in pain, though not as severe as w...

7th State Level fashion show event in Pune by Zeeal Enterprises

·        Zeeal Fashion event will be at five star hotel & date will be 2 nd August to 4 th August 2019 ·        In this event age group will be divided in to 3.5 years to 60 years. On behalf of social organization “The zeeal enterprises” is organizing seventh state level fashion show in pune. This program will be held at a most prestigious five-star hotel in pune city & event will start in the month of 2 nd august 2019 & culmination date will be 4 th august 2019. This big brand program/event is organized for the art lovers & those who provide scope for dormant artifacts in pune. The shows name will be ‘Zeeal Mrs, Miss, Mr,Teen,Kids Maharashtra Level 2019’. In this event age group will be divided in to 3.5 years to 60 years. Enthusiastic girls, boys, women, men also can participate.   The shows round is divided in to three levels like Indian round, western round & indo-western round. Spea...

Jupiter Foundation introduces a unique, affordable Kidney Transplant Program for patients across the region

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·         Cost of a kidney transplant surgery: Rs 2.75 lakhs ·         Patients needing a kidney transplant to benefit through Jupiter Foundation The kidneys' function is to filter blood to remove wastes, control the body's fluid balance, and regulate the balance of electrolytes. Kidney function can fail due to ailments like diabetes, high blood pressure and infection. However, the nature of the organ is so unique that it is possible to lose as much as 80% of kidney function without experiencing any symptoms or problems. When a patient loses 85 to 90 percent of his or her kidney function, they are considered to have End Stage Renal Disease (ESRD). It is possible to partially replicate the functions of the kidney using a blood filtering procedure known as dialysis. However, this can be inconvenient and time-consuming for the patient as well as the f...

8 year old kid from Aurangabad underwent successful Liver Transplant in city

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Mr & Mrs Girnale were shocked & already exhausted when they were told that their kid Master Anush who was suffering from End Stage Liver Diease would not survive without liver transplantation. Master Anush who had Biliary Atresia   ,a condition where biliary tube narrow down significantly causing progressive liver failure & was struggling in his day to day activity . He was not able to live his life to the fullest like any other kid of his age.His parents were shuttling between Aurangabad & pune since his birth in hope that he will be relieved of his suffering condition . They spent lot on his medical management & were financially exhausted. Then one day when they realise that their kids liver is damaged to an extent that it needs to be changed they were shocked. When they enquired about liver transplant & its expenses, then they were further shaken as it was beyond Budget. When all hope were lost they saw an advertisement of peripheral c...

“India is become Knowledge based agricultural economy”– Padmabhushan Dr.Vijay Bhatkar, the Father of Indian Supercomputers

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“Great nations are not built on borrowed technology.” C-DAC with its focus in Advanced Computing is uniquely positioned to establish dependable and secure Exascale Ecosystem offering services in various domains. Dr.Hemant Darbari Director General C-DAC Techconclave”19 hosted by CDAC ·          CDAC TechConclave 2019 inaugurated at the hands of Padmabhushan Dr.Vijay Bhatkar. Dr. Hemant Darbari (Director General, C-DAC), Col. Asheet Kumar Nath (Retd.) (Executive Director, C-DAC Pune). ·          In Techconclave”19 international speakers & exhibitors are from companies like INTEL, ATOS, MELLANOX, DDN, NVIDIA, NETAPP. Centre for Development of Advanced Computing (C-DAC) arranged two days Technology Conclave TechConclave2019 started from today at Pune.  In TechConclave2019 the emerging areas of Advanced Computing with major thrust on Exascale Computing, Mic...

IPL fever leads to an overwhelming response to GKCI's cricket training camps

Irrespective of the ongoing season of examinations, girls and boys of the city are not missing a chance to enjoy the IPL matches. That, perhaps, has led to the Gary Kirsten Cricket India (GKCI), receiving an overwhelming response to its proposed cricket training sessions, scheduled to start from April 4. More than 250 budding cricketers have already registered for different training camps to be conducted by GKCI at the Divisional Sports Complex at Shastrinagar in Yerawada. Besides Pune and Pimpri-Chinchwad, girls and boys from Mumbai, Aurangabad and Satara have enrolled their names for different training schedules like the Summer Camp, Annual Training Programme, Weekend Training, and Individual Training. Interestingly, the group of trainees who have enrolled at the GKCI includes 10-12 young girls. The training sessions will be conducted under the guidance of renowned South African cricket coach, Ryan Van Niekerk who is the chief coach at GKCI. He will be assisted by talented coaches...