Latest news with #Bhat
Hindustan Times
a day ago
- Politics
- Hindustan Times
SC questions Gr Noida varsity delay in reporting student suicide, calls for ‘lawful' probe
New Delhi The bench refused to pass any further order, directing the probe to proceed. (Representative photo) The Supreme Court on Monday called for the probe into student suicide deaths at Sharda University and IIT Kharagpur to proceed 'expeditiously, in accordance with the law', while questioning the silence of Sharda University in reporting the incident and directing IIT Kharagpur to ascertain the reason for four student deaths at the institute over the past seven months. A bench of justices JB Pardiwala and R Mahadevan had taken suo motu cognisance of the two incidents as part of its broader directions passed in March for setting up a National Task Force (NTF) to identify causes behind increasing student suicides. 'We are doing this for our children, our progeny,' it said, as it took up responses filed by the two educational institutions explaining their conduct. The court was informed by amicus curiae senior advocate Aparna Bhat that in the Sharda University case, the complaint was lodged by the student's parent after two hours had lapsed since the discovery of the body at the college hostel room on July 18. Bhat pointed out that the father was informed of the incident by students, and that the management failed to inform the police and parents. 'You (management) should have informed…Was it not your duty to immediately inform the police and parents?' the bench asked senior advocate Shyam Divan, appearing for the university. The amicus curiae told the court that a note left by the student, a 24-year-old second-year Bachelor of Dental Surgery (BDS) student, led to the arrest of two members of the faculty. The bench refused to pass any further order, while noting, 'Our concern was the investigation should proceed. We will not say anything further as it may prejudice the investigation.' The court also sought to know the progress of the investigation into the death reported from IIT Kharagpur. The amicus pointed out that the IIT administration had informed the police after they discovered that a fourth-year student had committed suicide in the hostel room. The incident took place soon after he joined classes upon returning from vacation at home. The court said, 'What is wrong with IIT Kharagpur? Why are students committing suicide? Have you given it any thought?' Senior advocate MR Shamshad, appearing for the IIT administration, told the court that a 10-member committee has been constituted to probe the present incident. He said that, in addition, a 12-member counselling committee was established by the institute for students to report their problems. Bhat informed the court that she could not carry out a spot visit to IIT Kharagpur, but confirmed that a complaint was lodged, converted into an FIR, and an investigation is ongoing. 'Let investigation in both matters proceed expeditiously in accordance with law and in the right direction,' the court said in its order, while posting the matter after four weeks. In March, the court constituted a National Task Force (NTF) to probe into the larger issue of student suicides across the country and the systemic changes required to address this issue. The NTF is headed by former Supreme Court judge S Ravindra Bhat and is expected to submit its preliminary report in September.
Time of India
3 days ago
- Business
- Time of India
Looking to maintain double-digit consolidated profit growth in FY26: Mahindra Holidays & Resorts India CEO
Mahindra Holidays & Resorts India is looking to maintain a double-digit growth in its consolidated profit for the remaining part of this fiscal, buoyed by a strong performance in the first quarter, according to its Managing Director and CEO Manoj Bhat. The company, which plans to add about 1,000 rooms this fiscal as part of its overall target of increasing its key count to 10,000 by FY30, is on track with inventory additions, Bhat told PTI. Explore courses from Top Institutes in Please select course: Select a Course Category Design Thinking Data Science Operations Management MCA Technology Leadership PGDM Cybersecurity Management CXO Public Policy Project Management Healthcare Artificial Intelligence healthcare others MBA Degree Digital Marketing Finance Others Product Management Data Science Data Analytics Skills you'll gain: Duration: 25 Weeks IIM Kozhikode CERT-IIMK PCP DTIM Async India Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks IIM Indore CERT-IIMI DTAI Async India Starts on undefined Get Details "If you look at the consolidated profit growth of 18 per cent in Q1, I think that would be our target. In that range, we will look at growing our profits through the course of the year," he said when asked for the outlook for the remaining part of the fiscal year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo In the first quarter, Mahindra Holidays & Resorts India Ltd (MHRIL) had posted a consolidated profit after tax of Rs 7.2 crore against Rs 6.1 crore in the year-ago period, up 18 per cent. Its total income increased 8 per cent to Rs 740.2 crore compared to Rs 686.1 crore in the corresponding period of the preceding fiscal. Live Events In the first quarter, Indian operations continued to do well, and the "international operation is stable" but not "completely out of the woods", Bhat said. On the company's room additions , Bhat said, "Our inventory addition plans are also on of the additions will probably come in the second half of the fiscal or later in the second quarter". In January this year, Bhat stated that MHRIL will be adding 1,000 rooms by March 2026. "We are well on track for that. We will be adding quite a few resorts, about four in Maharashtra, one each in Goa, Rajasthan, and Madhya have started work, in addition, in Puducherry," he noted. As per the company's investor presentation for the quarter ended June 30, 2025, MHRIL has a cumulative base of 5,794 keys. It has two greenfield projects currently underway -- a 236-key resort at Ganpatipule in Maharashtra and another 157-key property at Theog in Himachal Pradesh. The company also has three brownfield projects -- a 102-room property at Kandaghat in Himachal Pradesh, another 39-key property, Treehouse at Jaipur and another 62-key resort in Puducherry. As of June 30, 2025, the company has 126 resorts across India and abroad. Its Finnish subsidiary, Holiday Club Resorts Oy (HCR), has 33 timeshare properties, including nine spa resorts in Finland, Sweden and Spain. When asked about membership addition, Bhat said the company added about 3,000 members in the first quarter and will look to maintain the pace through the year. On the company's European operations, he said that with the Finnish economy not doing too well, coupled with Ukraine-Russia war, and uncertainty over tariffs in the near term, not much of a change is expected. "As I said, if it is stable, we think that that's good," Bhat noted.
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Business Standard
3 days ago
- Business
- Business Standard
Looking to maintain double-digit profit growth in FY26: MHRIL CEO Bhat
Mahindra Holidays & Resorts India is looking to maintain a double-digit growth in its consolidated profit for the remaining part of this fiscal, buoyed by a strong performance in the first quarter, according to its Managing Director and CEO Manoj Bhat. The company, which plans to add about 1,000 rooms this fiscal as part of its overall target of increasing its key count to 10,000 by FY30, is on track with inventory additions, Bhat told PTI. "If you look at the consolidated profit growth of 18 per cent in Q1, I think that would be our target. In that range, we will look at growing our profits through the course of the year," he said when asked for the outlook for the remaining part of the fiscal year. In the first quarter, Mahindra Holidays & Resorts India Ltd (MHRIL) had posted a consolidated profit after tax of Rs 7.2 crore against Rs 6.1 crore in the year-ago period, up 18 per cent. Its total income increased 8 per cent to Rs 740.2 crore compared to Rs 686.1 crore in the corresponding period of the preceding fiscal. In the first quarter, Indian operations continued to do well, and the "international operation is stable" but not "completely out of the woods", Bhat said. On the company's room additions, Bhat said, "Our inventory addition plans are also on of the additions will probably come in the second half of the fiscal or later in the second quarter". In January this year, Bhat stated that MHRIL will be adding 1,000 rooms by March 2026. "We are well on track for that. We will be adding quite a few resorts, about four in Maharashtra, one each in Goa, Rajasthan, and Madhya have started work, in addition, in Puducherry," he noted. As per the company's investor presentation for the quarter ended June 30, 2025, MHRIL has a cumulative base of 5,794 keys. It has two greenfield projects currently underway -- a 236-key resort at Ganpatipule in Maharashtra and another 157-key property at Theog in Himachal Pradesh. The company also has three brownfield projects -- a 102-room property at Kandaghat in Himachal Pradesh, another 39-key property, Treehouse at Jaipur and another 62-key resort in Puducherry. As of June 30, 2025, the company has 126 resorts across India and abroad. Its Finnish subsidiary, Holiday Club Resorts Oy (HCR), has 33 timeshare properties, including nine spa resorts in Finland, Sweden and Spain. When asked about membership addition, Bhat said the company added about 3,000 members in the first quarter and will look to maintain the pace through the year. On the company's European operations, he said that with the Finnish economy not doing too well, coupled with Ukraine-Russia war, and uncertainty over tariffs in the near term, not much of a change is expected. "As I said, if it is stable, we think that that's good," Bhat noted.
News18
3 days ago
- Business
- News18
Looking to maintain double-digit consolidated profit growth in FY26: MHRIL CEO
New Delhi, Jul 27 (PTI) Mahindra Holidays & Resorts India is looking to maintain a double-digit growth in its consolidated profit for the remaining part of this fiscal, buoyed by a strong performance in the first quarter, according to its Managing Director and CEO Manoj Bhat. The company, which plans to add about 1,000 rooms this fiscal as part of its overall target of increasing its key count to 10,000 by FY30, is on track with inventory additions, Bhat told PTI. 'If you look at the consolidated profit growth of 18 per cent in Q1, I think that would be our target. In that range, we will look at growing our profits through the course of the year," he said when asked for the outlook for the remaining part of the fiscal year. In the first quarter, Mahindra Holidays & Resorts India Ltd (MHRIL) had posted a consolidated profit after tax of Rs 7.2 crore against Rs 6.1 crore in the year-ago period, up 18 per cent. Its total income increased 8 per cent to Rs 740.2 crore compared to Rs 686.1 crore in the corresponding period of the preceding fiscal. In the first quarter, Indian operations continued to do well, and the 'international operation is stable" but not 'completely out of the woods", Bhat said. On the company's room additions, Bhat said, 'Our inventory addition plans are also on track…most of the additions will probably come in the second half of the fiscal or later in the second quarter". In January this year, Bhat stated that MHRIL will be adding 1,000 rooms by March 2026. 'We are well on track for that. We will be adding quite a few resorts, about four in Maharashtra, one each in Goa, Rajasthan, and Madhya Pradesh…We have started work, in addition, in Puducherry," he noted. As per the company's investor presentation for the quarter ended June 30, 2025, MHRIL has a cumulative base of 5,794 keys. It has two greenfield projects currently underway — a 236-key resort at Ganpatipule in Maharashtra and another 157-key property at Theog in Himachal Pradesh. The company also has three brownfield projects — a 102-room property at Kandaghat in Himachal Pradesh, another 39-key property, Treehouse at Jaipur and another 62-key resort in Puducherry. As of June 30, 2025, the company has 126 resorts across India and abroad. Its Finnish subsidiary, Holiday Club Resorts Oy (HCR), has 33 timeshare properties, including nine spa resorts in Finland, Sweden and Spain. When asked about membership addition, Bhat said the company added about 3,000 members in the first quarter and will look to maintain the pace through the year. On the company's European operations, he said that with the Finnish economy not doing too well, coupled with Ukraine-Russia war, and uncertainty over tariffs in the near term, not much of a change is expected. 'As I said, if it is stable, we think that that's good," Bhat noted. PTI RKL BAL BAL view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Russia Today
5 days ago
- Business
- Russia Today
India just laid track through Kashmir – and the message is loud
On June 25, 60-year-old Muhammad Fakhrudin Bhat fulfilled a dream nearly four decades in the making: his first-ever train journey out of the Kashmir Valley to India's capital, New Delhi. As he boarded the newly inaugurated Katra-Srinagar Vande Bharat Express – launched with great fanfare by Indian Prime Minister Narendra Modi earlier that month – Bhat looked on in awe. The sleek, orange train glided gracefully through summer-kissed mountains, verdant valleys, blooming orchards, and dense pine forests, a moving panorama of Kashmir's natural beauty. 'It felt like something long dreamed and a visual treat to pass through the mountains and greenery, in a train,' Bhat said, recalling his maiden journey from Srinagar, the capital of Kashmir, to Katra, a town renowned as the base camp for the Vaishno Devi Temple, one of Hinduism's most revered shrines. What would typically take at least seven hours by road – often more in heavy traffic – was completed in just three hours. In Katra, passengers traveling to New Delhi have to pass security checks before boarding another train. The journey that took two days of road and rail travel from Delhi to Srinagar can now be completed in just 13 hours, which has brought joy to the faces of locals and visitors. For over four decades, Bhat had heard talk of connecting Srinagar to the rest of India by rail. The deadlines kept stretching for years. However, last month, he experienced it firsthand, traveling to Delhi to visit his daughter's family. 'It was exciting – a completely new experience,' he said, smiling. 'I booked my tickets 20 days in advance just to make sure I got a seat.' For Bhat, every glance outside the panoramic windows was a revelation. 'This was not just a ride, but a testament to hope arriving on the rails after forty years of waiting,' he said with a wide smile. 'This will transform tourism and trade in the region. The economy will witness a boost. Kashmiri apples, handicrafts, and other goods can now reach the main markets more swiftly and affordably, while all-weather connectivity will also help during harsh winter months when roads are often blocked,' said Masooma Jan, a resident who deals with the organic fruit new train route is a part of the 272km Udhampur-Srinagar-Baramulla rail link that connects Kashmir with the rest of India's railway network. The route involves 36 tunnels, totaling nearly 119km, and 943 bridges, passing through rugged, seismically active mountains with peaks exceeding 15,000 ft. The rail link is a $5.5 billion engineering marve; it also features the Chenab Bridge, which, according to Indian officials, is now the world's tallest: 359 meters above the riverbed, even taller than the Eiffel Tower. The journey of building railways to Kashmir began in 1892, long before India and Pakistan gained independence from British rule, when the Dogra Maharajas of Jammu and Kashmir, then a princely state, first envisioned a railway line reaching their isolated land. The present project was conceptualized by New Delhi in the mid-1990s but was delayed due to the region's political and security instability. The project gathered steam only in 2002, when the it was declared a national priority. The final leg of the rail link – between Katra and Sangaldan – was completed in early 2024, bringing trains to the valley via one of the world's most challenging terrains. The linking of the remote and mountainous Kashmir Valley to the rest of India by train marks one of the country's most extraordinary infrastructure achievements. The entire project proved to be a challenge for India's engineers and government due to the extreme Himalayan terrain and geological instability. 'At one point, this seemed impossible, but today it is a reality, and there is a lot of rush in bookings. The train journey is affordable and also makes the otherwise cumbersome road journey easy for locals as well as outsiders,' said Adeeba Ishtiyaq, a business management student from Kashmir who studies in Delhi. The scale of the engineering effort is staggering. 'This is a great relief for people who always felt cut off,' Adeeba said. A month after its launch, the Katra-Srinagar Vande Bharat train is witnessing unprecedented demand. Railway officials told RT that tickets are sold out one month in advance. At the grand inauguration of the rail link, India's prime minister described the bridge and rail link as 'living symbols of India's strength.' He emphasized that this rail link fulfilled a multi-generational dream, recalling that current Chief Minister Omar Abdullah had been a schoolboy when the foundation stone was laid in 1983-84. Highlighting the Chenab Bridge specifically, Modi called it 'new India's resolve and pride' and said it removes the need for Kashmiris to travel abroad to see wonders like the Eiffel Tower. He also promised that the train would integrate the region – economically, culturally, and strategically – and pledged $5.5 billion worth of additional public projects in the Chenab Bridge at the heart of the new rail link was built with over 30,000 metric tons of steel; it is designed to withstand extreme weather, seismic activity, and even explosions. Dr. Madhavi G. Latha, who was one of the engineers who contributed to the construction of the bridge and has been involved in its work for the past seventeen years, said 'the bridge is a civil engineering marvel.' 'All glory of the planning, design, and construction goes to Indian Railways and AFCONS. Thousands of people have significantly contributed in different ways to the construction of this iconic bridge. There are millions of unsung heroes to whom I salute today. My role as a geotechnical consultant to AFCONS was to help in developing slope stabilization schemes and the design of foundations on slope,' she added. Propelling the vision of # Chenab Bridge is the world's highest railway arch bridge will give a boost to socio-economic development of the J&K region while improving its connectivity with other parts of #BemisaalBharat. The construction, which officially began in 1994-95, was not just delayed by technical challenges, but also geopolitical and environmental ones: landslides, earthquakes, heavy snowfall, political tension, and the COVID-19 pandemic. Despite this, Indian engineers pressed on with what has now become a flagship example of infrastructure in difficult terrain. During Kashmir's harsh winters, when the temperature falls below freezing, heavy snowfall frequently blocks the Jammu-Srinagar highway, cutting the region off from the rest of the country. The winter-proof Katra-Srinagar Vande Bharat ensures reliable rail travel even in heavy snow. 'These custom-built trains come equipped with heated windshields, triple insulation, and winter-ready water systems, designed to operate in the region's sub-zero conditions,' said Mukhtar Ahmad, a civil engineer based in the region. He added that the arrival of the Vande Bharat Express in Kashmir has been a moment of pride for residents and engineers alike. The officials have noted that the rail link will also streamline troop movement. Chief Minister Omar Abdullah hailed the project and said that it is not just 'steel and concrete.' 'It is the realization of generations of aspirations and will be of immense benefit to the people of Jammu and Kashmir.' Local entrepreneurs are optimistic: shortcuts mean fresher products, new job markets, and expanded trade routes. The train ensures all-weather access, breaking through winter's chokehold.
