National Politics

โ€œConman Sukesh Chandrashekhar Will Join BJP Any Day Now,โ€ Alleges Arvind Kejriwal

Arvind Kejriwal

Delhi Chief Minister Arvind Kejriwal on Saturday Claimed that detained Conman Sukesh will join the BJP any time now after the conmanโ€™s second letter ignited a debate over the much-publicized educational model used by the Delhi government

New Delhi: Delhi Chief Minister Arvind Kejriwal on Saturday Claimed that detained Conman Sukesh will join the BJP any time now after the conmanโ€™s second letter ignited a debate over the much-publicized educational model used by the Delhi government.

โ€œSukesh Chandrashekhar is learning to speak the language of the BJP. Even the BJP used to say there should be a lie detector test for me. Now, he is trained to join the BJP. He will join the BJP any day now,โ€ Arvind Kejriwal said.

Kejriwal added that Sukesh should be made as main candidate . At least people will come to see him and they will listen to him during rallies. At least he will help to draw crowds for BJP rallies. They should appoint him as a party MLA.

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Chandrashekhar claimed in the letter to the media that โ€œUSD 8.5 lakh and 15% additional commission was granted to the PR for promoting the Delhi school model tale in the American news.โ€

Sukesh had claimed in a letter to Delhi LG VK Saxena that the latter had given Rs 10 crore in โ€œprotection moneyโ€ to imprisoned AAP minister Satyendar Jain.

Sukesh claiming that whatever he wrote in his two letters was totally true. He added that โ€œI am ready to give polygraph test. If AAP is ready then Arvind Kejriwal and Satyendra Jain would not have any issues with getting their polygraph tests conducted.โ€

 

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Business & Finance

KSB Limited Registers Outstanding Growth In Third Quarter- Julโ€™22 To Septโ€™22

ANI
KSB

New Delhi: KSB Limited, one of the leading Pumps and Valves manufacturers in India registered outstanding growth of 17 per cent with sales value of 4,313 Mio INR in Q3 (July to Sept 2022) and also, growth of 23 per cent in cumulative sales for 3 quarters (Jan to Sept 2022) vis-a-vis same period last year (2021). As an experienced pump manufacturer, its product portfolio includes building and industrial technology, water transport, wastewater treatment and power plant processes, agricultural applications, residential application. Owing to the innovative research and development, KSB can meet the most diverse requirements of customers. Benefit from many years of experience and technical expertise as a renowned pump manufacturer.

โ€“ The sales value of INR 4,313 million achieved for this quarter is 17 per cent increase over the previous year โ€“ The Sales value for 3 quarters of 2022 is Rs 12,974 million which is about 23 per centincrease over the same period last year
โ€“ Achieved 13 per cent ROS for the quarter

Commenting on the quarterly performance, Farrokh Bhathena, Director Sales and Marketing, KSB Limited said, โ€œWe have registered outstanding Year on Year sales growth of 17 per cent for the third quarter and also, 23 per cent increase in the cumulative sales for 3 quarters with respect to last year.

Continuing the trend, we have once again seen significant order inflow from the Petrochemical segment. This quarter has seen the highest order intake in a quarter which includes orders from NPCIL and Calik Energie for Bazian CCPP Project.โ€

Major Highlights
โ€“ Good Order Intake trend with highest ever quarterly OI of Rs. 1951 Mio in Q3 2022.
โ€“ NPCIL order for 8 Reactor Coolant Pumps worth Rs. 5013 Mio for Kaiga 5 & 6 reactors.
โ€“ YTD Order Intake of ~2708 Mio from Petrochemicals segment.
โ€“ Good growth in Mechanical Seal business.
โ€“ New E2E Solution for eSales rollout for integrated website and Webshop.

Also Read: TMC Denounces Akhil Giriโ€™s Comments And Charges BJP With Engaging In Shady Politics

Milind Khadilkar, Chief Financial Office opens his remarks informing the all time high share price of the Company of INR 2,000+ per equity share during Q3. This has resulted in highest ever market capitalisation of the Company. Mr. Khadilkar is pleased to share this value creation, for the Companyโ€™s investors and shareholders.

Khadilkar then updated about the Companyโ€™s proposed investment in the specified Intellectual Property Rights (IPR) of Bharat Pumps & Compressors Limited (BPCL) through e-tendering due to the strategic planning during the re-bidding process.

Milind Khadilkar informed that the Company attended its physical investors Meet post Covid, in August, 2022 with a wonderful response from the institutional investors.

On ESG initiatives he updated that:
โ€“ the Company has planted 1,000 trees within its premises at Shirwal factory and continues the plantation activities at other plants and 6,500+ trees in collaboration with the NGOs at various locations.
โ€“ He also mentioned that the Company is able to better manage its attrition rate as compared to the rate in the industry during the running year FY 2022.
โ€“ Contributions to ESG through products like FGD and Nuclear pumps for a cleaner Energy sector.
โ€“ New Investments planned for wind Solar hybrid project, roof top solar projects etc, waste water projects.
This story has been provided by PNN. ANI will not be responsible in any way for the content in this article.

(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)

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