Citizens' Issues
Goonj founder claims firecracker devastated its Delhi centre

Gupta posted on Facebook the pictures of the fire at the NGO's Sarita Vihar centre and wrote that the fire lasted for about seven hours and was doused by 10 fire tenders

 

Anshu Gupta, the founder of NGO Goonj, on Friday posted pictures of a devastating fire at a centre of his NGO here on Diwali night and claimed it was caused by a firecracker.
 
Gupta posted on Facebook the pictures of the fire at the NGO's Sarita Vihar centre and wrote that the fire lasted for about seven hours and was doused by 10 fire tenders.
 
"Here I was asking you to spread the message against (fire) crackers and there a cracker did this to Goonj's centre in Delhi. Seven hours of un-manageable fire, 10 fire brigades till 2 a.m. on Diwali night. 3000 sq.ft of area, tonnes of material, where we all had put in our days and nights turned into ash!!"
 
"Response on a few things from our Delhi office might be slow for the next couple of days as the team is fighting back with this huge loss of material, money and space!!" he added.
 
Speaking to IANS, Gupta said they would strive to recover the loss through campaigns.
 
"We lost materials like winter clothes and blankets. It is a major loss but I'm sure we will be able to recover it through our ongoing campaigns," he said.
 
A police officer told IANS that the fire was caused by firecrackers. He said a case has been registered in connection with the accident and loss caused is being assessed.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Niko to surrender stake in NEC-25 gas block to RIL, BP

Niko's 10 percent interest will be divided between RIL and British major BP in proportion to their equity stake in the block of 60 percent and 30 percent, respectively

 

Reliance Industries (RIL) consortium partner Niko Resources of Canada has decided to quit RIL's gas discovery block NEC-25 on the eastern offshore, by divesting its 10 percent stake to the existing partners.
 
"In the second quarter of fiscal 2016, the company elected to withdraw from the NEC-25 block and relinquish its interest to the remaining interest holders," Niko said declaring its second quarter earnings on Friday.
 
Niko's 10 percent interest will be divided between RIL and British major BP in proportion to their equity stake in the block of 60 percent and 30 percent, respectively.
 
Due to the need to finance its debt payments, Niko had put up for sale its interest in NEC-25 as well as its 10 percent stake in RILs Krishna Godavari basin block KG-DWN-98/3 or KG-D6.
 
Gas discoveries in NEC-25, off the Odisha coast, hold recoverable reserves of 1.032 trillion cubic feet.
 
Niko said it will not be able to conclude negotiations for sale of its upstream interest by November 15 and will seek an extension from its lenders for additional
time.
 
"The company's management is focused on reducing ongoing costs by reducing staff and closing branch offices in countries where it had been exploring," it said.
 
"The company will continue its efforts to monetize its non-core assets and minimize cash outflows outside of its core areas," it added.
 
Niko had in February announced it intended to sell-off its 10 percent stake in the Krishna-Godavari basin KG-D6 block to square a $340 million debt. The company had earlier planned to sell off the interest by April 30, but later extended it till May 31.
 
It had earlier blamed a lower-than-expected gas price announced by the Indian government for its decision to sell its stake.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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At least 140 dead in Paris attacks, four suspects killed

During anti-terrorist forces assault at the hall, at least 140 people died and four suspected attackers were killed

 

Four suspected attackers were killed during the hostages rescue operation conducted by French security forces on Saturday at the Bataclan theater after Paris saw a series of explosions and shootings on Friday that reportedly killed at least 140 people and injured many more.
 
About seven simultaneous shootings rocked central Paris Friday night with one of which turned to hostage taking at the Bataclan theatre and concert hall where hundreds of people were attending a concert of a rock group, Xinhua reported.
 
During anti-terrorist forces assault at the hall, at least 140 people died and four suspected attackers were killed, the local media reported.
 
Two explosions were heard near the national football stadium Stade de France where a France-Germany friendly soccer match was being played, attended by French President Francois Hollande.
 
Rushing back to the Interior Ministry from Stade de France, Hollande condemned the "unprecedented terrorist attacks".
 
In the 11th district of Paris, after shooting in the theatre Batacla, police confirmed a hostage taking. During police's deployment in front of the theatre, two or three individuals, heavily armed, opened fire at the security forces.
 
In an eyewitness report posted on Europe1 website, Julien Pierce, a journalist said "two or three individuals, who are not wearing masks and armed with kalachnikov entered the hall while the concert was underway and started blindly shooting at the crowd".
 
In a brief statement on television, the French president declared a state of emergency across the country and the borders were to be closed.
 
"Some places will be closed, traffic will be banned and searches may be conducted throughout the Ile-de-France," he said, adding about 1,500 military reinforcements have been deployed "to ensure that no other attack can take place".
 
In addition, the capital schools and universities will be closed on Saturday.
 
There was no immediate claim of responsibility for the Paris attacks, but according to the news channel BFMTV, the terrorists shouted "It's for Syria".
 
The likely coordinated attacks came as France, a member of the US-led coalition combating the Islamic State (IS) in Syria and Iraq, struck the group's strategic targets this week.
 
On high alert for terrorist attacks, the French government raised the anti-terrorism alert to maximum and additional thousands of security forces have been poured across the country to protect sensitive sites.
 
Hollande, who cancelled his participation at the G20 summit, will head a defense meeting on Saturday morning after the deadly attacks has shaken the country's security policy ahead of the high-profile international conference on climate scheduled for the end of this month.
 
Meanwhile, the international community has strongly condemned the attacks on the French capital.
 
UN Secretary-General Ban Ki-moon condemned "the despicable terrorist attacks carried out today in various locations in and around Paris".
 
British Prime Minister David Cameron on Friday said he was "deeply shocked" by the deadly attacks in Paris, offering "thoughts and prayers" to the French people.
 
"I am shocked by events in Paris tonight. Our thoughts and prayers are with the French people. We will do whatever we can to help," Cameron said via his Twitter account.
 
German Chancellor Angela Merkel said on Friday evening that she was deeply shocked by the attacks in Paris and declared solidarity with France.
 
US President Barack Obama on Friday condemned the deadly attacks currently still unfolding in Paris and said it was too early to determine who was behind those attacks.
 
Calling the attacks in and around Paris on Friday evening "an outrageous attempt to terrorize innocent civilians," Obama said the US stood ready to provide assistance for the French government.
 
He also said US officials were "in contact with French counterparts to communicate condolences to families of the victims".
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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