Latest news with #Jagmohan
Time of India
2 days ago
- Entertainment
- Time of India
Janmashtami celebrated with festive fervour
1 2 Jaipur: The Pink City turned into a canvas of devotion and festivity Saturday as thousands of devotees celebrated Janmashtami with grandeur. From historic temples to bustling markets, every corner of Jaipur resonated with chants, rituals, and vibrant cultural events. The day began before dawn at Govind Devji temple, where the special Mangla Jhanki at 4:30 am unveiled the deity in new yellow attire. The Mangla and Gwal aartis drew massive gatherings, with long queues stretching from Jaleb Chowk to the temple premises. To ensure order, the administration created four separate queues—for pass holders, barefoot devotees, worshippers with footwear, and those in the Jagmohan category. At Radha Damodar temple in Chaura Rasta, traditions dating back nearly 500 years were observed. Here, Krishna is worshipped as a 2.5-year-old child, with Janmashtami celebrated during the day and Nandotsav in the evening—a practice followed for the past 300 years. In Vaishali Nagar, Chitrakoot Stadium became a festive hotspot as Samras Bharat Seva Sansthan hosted a grand Janmashtami programme. Minister Rajyavardhan Singh Rathore, MLA Gopal Sharma, and JMC-Greater Mayor Somya Gurjar attended the event. The Dahi Handi competition, featuring teams of youngsters above 14, electrified the crowd, while the Bal Gopal contest saw children dressed as Krishna. Across the Walled City, shops selling idols, costumes, and decorative items overflowed with buyers, while children dressed as Radha and Krishna added colour to the streets. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
NDTV
08-08-2025
- NDTV
Man Gets Life Imprisonment For Raping 2-Year-Old Cousin In 2022
New Delhi: A local court sentenced a man to life imprisonment for raping a two-year-old girl in 2022, an official said on Friday. The court of ADJ (POCSO), Mainpuri, Jeetendra Mishra, on Thursday also imposed a fine of Rs 50,000 on Jagmohan, a resident of Nagla Jilhi of Bewar police station area, Government advocate Vishwajit Singh Rathore said. The judge said in his order that the fine will be given to the girl. Rathore said that Jagmohan (20) raped his two-year-old cousin in a village on November 7, 2022. He had gone to his relative's house when he committed the crime. Hearing the girl scream, her family members rushed to the room, but Jagmohan managed to flee. The girl was injured and was bleeding. Her family rushed her to a hospital in a semi-conscious state. Her father lodged an FIR at Kishni police station on November 8, 2022. Subsequently, Jagmohan was arrested by the police. On Thursday, a court found him guilty and sentenced him to life imprisonment. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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Business Standard
01-07-2025
- Business
- Business Standard
Indian Navy gets stealth boost with second Project 17A frigate Udaygiri
Navratna Central Public Sector Enterprise Mazagon Dock Shipbuilders Limited (MDL) on Tuesday delivered the naval frontline ship Udaygiri, the second of the seven stealth frigates of the Project 17A class, to the Indian Navy, enhancing its ability to project power far from the country's shores. 'These multi-mission frigates are capable of operating in a 'blue water' environment and dealing with both conventional and non-conventional threats in the area of India's maritime interests,' a Navy spokesperson said. Equipped with advanced technology, the ship is comparable with the finest ships of a similar class anywhere in the world, according to MDL. 'Udaygiri is designed indigenously by the Navy's Warship Design Bureau, New Delhi. It incorporates design concepts for improved survivability, sea-keeping, stealth, and ship manoeuvrability,' said a company release. The ship's stealth capabilities have been achieved through deliberate shaping of the hull and measures taken to suppress other signatures. The Project 17A stealth frigate project is a follow-on to the Shivalik-class (Project 17) frigates that are in active service. With enhanced stealth features and state-of-the-art weapons and sensors, the P-17A ships are a significant upgrade from the P-17 class, explained the Navy spokesperson. 'The ships represent a quantum leap in the Navy's in-house design capabilities at the Warship Design Bureau,' they added. The P-17A ships are capable of engaging enemy submarines, surface warships, anti-ship missiles, and fighter aircraft. Not only can Udaygiri operate independently without supporting vessels, it can also function as the flagship of a naval task force. The weapon suite of the ships of this class comprises a supersonic surface-to-surface missile system, medium-range surface-to-air missile system, 76 mm gun, and a combination of 30 mm and 12.7 mm rapid-fire close-in weapon systems. Another thing that sets the new class of ships apart is that they are being built employing the philosophy of 'integrated construction', which involves extensive pre-outfitting at the block stages to reduce the overall build periods. 'Udaygiri has been delivered to the Navy in a record time of 37 months from the date of launching,' added the Navy spokesperson. 'We take immense pride in the fact that Udaygiri is not just a state-of-the-art warship equipped with cutting-edge combat capabilities, but also a shining example of India's indigenous defence manufacturing prowess,' said Captain Jagmohan (Retd), Chairman & Managing Director, MDL. 'I am confident that she will bring great pride to her commanding officer and crew — not only for her formidable performance at sea, but for the legacy of innovation, resilience, and self-reliance she represents,' he added. The P-17A initiative is enabled by a strong industrial ecosystem, supported by over 200 micro, small and medium enterprises (MSMEs). Ships of the class are also fitted with major weapons and sensors sourced from indigenous original equipment manufacturers. 'The shipbuilding requirements of the project have led to direct employment generation for about 4,000 personnel and more than 10,000 personnel through indirect or ancillary sources,' said the Navy spokesperson. 'The positive spin-offs of the shipbuilding project include self-reliance, economic development, employment generation, and the growth of MSMEs and the ancillary ecosystem in the country,' they added.
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First Post
30-06-2025
- Business
- First Post
Why has Mazagon Dock bought controlling stake in Sri Lanka's Colombo dockyard?
Mazagon Dock, India's biggest warship builder, has bought a controlling interest in Colombo Dockyard PLC (CDPLC). The Indian government-run firm headquartered in Mumbai and chaired by ex-Indian Navy captain Jagmohan has bought Sri Lanka's biggest dockyard and publicly-listed company for $52.96 million (Rs 452 crore) in cash read more Mazagon Dock Shipbuilders Ltd has acquired a stake in a Sri Lankan dockyard. The Indian government-run firm bought a controlling interest in Colombo Dockyard PLC (CDPLC). But what do we know about the deal? And why has Mazagon Dock Shipbuilders bought a stake in the dockyard in Colombo? Let's take a closer look: What we know First, let's take a brief look at Mazagon Dock Shipbuilders. Mazagon Dock Shipbuilders is India's biggest warship builder. It was incorporated as a public firm in 1934. Headquartered in Mumbai, it is chaired by ex-Indian Navy captain Jagmohan. STORY CONTINUES BELOW THIS AD It has a market capitalisation of $15.12 billion (Rs 1,29,254 crore). It has a turnover of around $1.13 billion ( Rs 9,660 crore). Mazagon Dock Shipbuilders bought a 51 per cent stake in the CDPLC. CDPLC is Sri Lanka's biggest dockyard and a publicly-listed firm. Located within the port of Colombo, it has been in business for over five decades. Mazagon Dock Shipbuilders Limited Mazagon Dock Shipbuilders is India's biggest warship builder. The deal was made in cash for $52.96 million (Rs 452 crore). 'The Board of Directors of Mazagon Dock Shipbuilders Limited inter alia considered and approved the acquisition of a controlling and substantial stake of Colombo Dockyard PLC by way of an investment not exceeding $52.96 million (approximately Rs 452 crore) considering prevailing exchange rate) in the securities of CDPLC through a combination of primary subscription and secondary acquisitions from the shareholders of CDPLC,' a statement from Mazagon Dock Shipbuilders read. The CDPLC has been in poor financial health for a while. The firm saw a loss of Rs 70 crore in 2024. Onomichi Dockyard, which had controlling interest of CDPLC, approached both the Sri Lankan and Japanese governments for relief. Onimichi previously owned a 51 per cent stake in CDPLC. Why has it made this deal? Experts say the move is aimed at countering China's growing footprint in Sri Lanka as well as the IOR. China owns an 85 per cent stake in Hambantota International Port Group (HIPG). It also has a 99-year lease on Sri Lanka's Hambantota International Port (HIP). Experts also say the deal gives MDL a foothold into the Indian Ocean Region (IOR). Despite the CDPLC's recent financial difficulties, the port's strategic location and history could make it an invaluable asset for MDL. STORY CONTINUES BELOW THIS AD After all, the CDPLC is the Sri Lankan government's leading shipbuilder and ship repair firm. It services over 200 ships every year – and can handle vessels up to 125,000 DWT. It also has clients and government contracts across Asia, West Asia, and Africa. It is known for building complex offshore support vessels, cable-laying ships, tankers, and patrol boats for clients across Japan, Norway, France, the UAE, India, and several African nations. It is Sri Lanka's only shipyard which offers an integrated portfolio of services-ranging from in-house design and construction to advanced repair and marine steel fabrication. The move also helps out Sri Lanka. This because the Sri Lanka Employees' Provident Fund owns 16 per cent of the CDPLC, its insurance fund owns around 9 per cent and the ports authority owns five per cent. The CDPLC going under would have also meant the loss of jobs for those employed at the dockyard. It could also be the first step towards MDL becoming a global player in shipbuilding. STORY CONTINUES BELOW THIS AD This is the first time an Indian shipbuilding firm, either state-owned or private, has bought a shipyard overseas. 'With this, MDL begins its transformation from a domestic shipbuilder to a regional maritime player with global ambitions," Mazagon Dock Shipbuilders Limited wrote on its social media account on X. 'Aligned with Maritime Amrit Kaal Vision 2047, this move strengthens India's regional maritime influence and expands MDL's global reach,' it added. 'This is not just an acquisition, it is a gateway. It marks our first international foray and reflects our ambition to transform into a global shipbuilding enterprise. With Colombo Dockyard's strategic location, proven capabilities, and strong regional presence, this step will position MDL as a key player in South Asia and lay the foundation for our emergence as a global shipyard,' MDL chairman Captain Jagmohan said. 'With this acquisition, MDL positions itself not only to strengthen its presence in the region (IOR) but also to enhance its competitiveness in the global shipbuilding and marine engineering arena,' an MLD spokesperson added. STORY CONTINUES BELOW THIS AD With inputs from agencies
Mint
28-06-2025
- Business
- Mint
Mazagon Dock's ₹452 crore deal with Sri Lankan shipyard will boost India's maritime power: Here's how
Mazagon Dock Shipbuilders Limited (MDL) picked its first international acquisition with a controlling stake of Colombo Dockyard PLC (CDPLC) in an all-cash deal capped at ₹ 452 crore. The acquisition will strengthen Mazagon's position in the ship repair and shipbuilding industry by unlocking operational synergies, enhancing research development capacities and expanding market reach, the defence public sector undertaking said in a regulatory filing. The deal is expected to be completed within 4 to 6 months, with the acquisition being the first instance of an Indian shipyard, both state-owned and private, acquiring a shipyard overseas, according to Moneycontrol. Colombo Dockyard PLC is a publicly listed company in Sri Lanka. It is engaged in the business of shipbuilding and ship repair for over 50 years, the company is listed on the Colombo Stock Exchange. Captain Jagmohan, chairman & managing director (CMD) of Mazagon Dock Shipbuilders Limited told Moneycontrol, "This is not just an acquisition, it is a gateway.' 'It marks our first international foray and reflects our ambition to transform into a global shipbuilding enterprise. With Colombo Dockyard's strategic location, proven capabilities, and strong regional presence, this step will position MDL as a key player in South Asia and lay the foundation for our emergence as a global shipyard," he said. An MDL spokesperson also mentioned that the Colombo Dockyard offers Mazagon Dock a strong operational foothold in the Indian Ocean Region (IOR), which is a major maritime corridor in the world. "With this acquisition, MDL positions itself not only to strengthen its presence in the region (IOR) but also to enhance its competitiveness in the global shipbuilding and marine engineering arena," the spokesperson added Colombo Dockyard has been around since 1974 and specialises in manufacturing offshore support vessels, cable-laying ships, tankers, and patrol boats for several countries, including Japan, Norway, France, the UAE, India, and several other African nations. "It is the only shipyard in Sri Lanka that offers services ranging from in-house design and construction to advanced repair and marine steel fabrication," the MDL official said. According to the company financials, Colombo Dockyard reported losses of around ₹ 70.7 crore in 2024. Onomichi Dockyard, which currently controls the company, applied for financial relief from the Japanese and Sri Lankan governments.
