No further cost on AoL for destroying Yamuna floodplains

World Culture Festival Art of Living Sri Sri Ravi Shankar

The National Green Tribunal on Thursday held the "Art of Living Foundation" of spiritual leader Sri Sri Ravi Shankar responsible for causing damage and environmental degradation of the Yamuna flood plains here by holding a three-day cultural extravaganza past year.

Manoj Misra, a former forest service officer and convener of the non-government Yamuna Jiye Abhiyaan who had filed a petition in the court expressing concern about the damage to the floodplains, said he was happy with the ruling.

The panel did not levy any additional penalty on the foundation, and said that the Rs 5-crore fine that Art of Living had paid in 2016 would be used for restoration work. However, if restoration costs less, the remaining amount of the already deposited Rs 5 crore will be refunded.

"We hold Art Of Living responsible for the damage to the Yamuna floodplains...." The judgment is erroneous and untenable. Our submissions have not been dealt with or considered. "It is important to note that one of the judges recused himself on the bench just before the judgment was pronounced". We will appeal to the Hon'ble Supreme Court. "We are sure that we will get justice there", it said.

Deadline for health care open enrollment approaching
Sign-ups in these states could boost the final count, but the figures wouldn't be available for weeks. The open enrollment deadline for Obamacare 2018 is coming up soon.

The bench further added, "DDA failed to exercise its powers with regard to maintaining the ecology and floodplain".

"In the event that the expenditure for that goal, is found to be in excess of ₹5 crore, the DDA would be at liberty to recover the said amount and respondent number 3 (Art of Living) shall be liable to pay the said amount on demand", read the judgment. Conversely, any excess amount would be returned to the foundation. An expert committee, headed by water resources secretary Shashi Shekhar had stated in April that it could cost as much as Rs 13.29 crore to restore the floodplains.

It, however, refrained from imposing environmental compensation on the DDA on the ground that it has already planned construction of a bio-diversity park and improvement of floodplains from its own funds.

The NGT bench headed by Justice Swatanter Kumar and Justices Jawed Rahim, Raghuvendra S Rathore and Bikram Singh Sajwan observed "regulating the right to hold cultural meeting is beyond their jurisdiction".

Related:

  • Mariners get speedy Dee Gordon from Marlins in trade

    Mariners get speedy Dee Gordon from Marlins in trade

    In the trade, the Mariners also got $1 million in worldwide pool money, undoubtedly to bolster their pursuit of Shohei Ohtani. The Mariners missed on the postseason this year, but they've already made positive moves to avoid the same fate next season.
    Jet Airways Q2 net profit plunges 91%

    Jet Airways Q2 net profit plunges 91%

    A press release by Jet Airways said the net profit for the group stood at ₹71 crore while net debt reduced by ₹194 crore. In a later note, the airline said it had made a profit of Rs 190.22 crore past year on the sale and leaseback of planes.

    Is Stifel Nicolaus Positive On Shares of Boston Beer Co (NYSE:SAM)?

    Since June 11, 2017, it had 0 insider purchases, and 2 sales for $3.19 million activity. (NASDAQ:CSCO) was sold by Jacoby Rebecca. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 21.27 and a beta of 0.50.
  • Bellew: Haye Is Delaying My Career

    Bellew: Haye Is Delaying My Career

    David Haye 2 has been rescheduled for May 5th at London's O2 Arena, it was announced today. Fury has been training hard for a planned ring return in 2018.

    Conagra Brands, Inc. (CAG) EPS Estimated At $0.52

    The Price to Sales ratio, for example, is 2 for ConAgra Foods Inc (NYSE:CAG), while the industry Price to Sales ratio is now 2.06. In other news, Director Ruth Ann Marshall sold 6,046 shares of Conagra Brands stock in a transaction dated Wednesday, March 29th.
    Lewandowski: Trump right to endorse Moore

    Lewandowski: Trump right to endorse Moore

    We're going to make sure things are ready. "I was there, it doesn't exist", the former Trump campaign manager and co-author of " Let Trump Be Trump " told FBN's Lou Dobbs on Tuesday.
  • Analysts See Fidelity National Information Services, Inc. (NYSE:FIS) Rising 8%

    In the most updated research from a number of analysts on Wall Street, the company gets 19 Buys and 0 Sell among 23 analysts. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized.

    Shares Ticking Lower in Trade: Meridian Waste Solutions, Inc. (OTCMKTS:MRDN)

    Considering that the stock daily volume of 0.39 million shares, this represents a pretty noteworthy trading in volume size. The stock was trading at a distance of -88.29% from its 52-week highs and stands 80.88% away from its 52-week lows.
    Kevin Durant gets 35-point triple-double versus Hornets

    Kevin Durant gets 35-point triple-double versus Hornets

    It gives me time to get healthy and the team time to find continuity. "It's the best possible scenario, time-wise". The Yahoo! Sports story said that Curry's right ankle will be re-evaluated in a couple weeks.
  • Wall Street Analyst's Guidance:: Bill Barrett Corporation (BBG)

    The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital. The stock has a current ATR of 0.43. ( BBG ) traded down 4.306% during trading on Wednesday, hitting $3.445.
    Pak court resumes hearing in Sharif case

    Pak court resumes hearing in Sharif case

    The prosecution witness told the court that Nawaz Sharif gave Rs12 million cheque to his daughter, Maryam Nawaz, on June 13, 2015. The court after hearing arguments from both sides on Thursday rejected the objections raised by Hamid against Shahzad's status.
    Wenger declares Walcott has Arsenal future

    Wenger declares Walcott has Arsenal future

    Giroud then retook his 64th minute penalty to make it 5-0 before Mohamed Elneny struck a curling shot to make it 6-0. As expected, the attendance for the game was rather less than the 54,000 tickets apparently sold by Arsenal .

Comments

Latest news

Tkachuk to have hearing for spear on Martin
The NHL's disciplinary department seems to have Calgary Flames left-winger Matthew Tkachuk on speed-dial. Martin said post-game that he didn't feel it and was told about the play by a staff.

Catalyst Capital Advisors LLC Grows Stake in Cheniere Energy, Inc. (LNG)
Bernstein began coverage on Cheniere Energy Partners in a research note on Tuesday, May 16th. (NYSEAMERICAN:LNG) for 150 shares. WARNING: "HITE Hedge Asset Management LLC Invests $4.61 Million in Cheniere Energy, Inc". (NYSEAMERICAN:LNG) for 29,350 shares.

What's Ahead for Hecla Mining Company (HL) After Touching 1 Year Low?
NJ State Employees Deferred Compensation Plan lifted its holdings in shares of Hecla Mining by 45.5% during the third quarter. The company has a market capitalization of $1,436.47, a P/E ratio of 51.43, a PEG ratio of 72.00 and a beta of 0.20.

Ltd. Has $67.97 Million Stake in Essex Property Trust Inc (ESS)
Essex Property Trust (ESS) presently has a 14-day Commodity Channel Index (CCI) of -163.52. (NYSE:ESS) rating on Tuesday, May 30. Employing the use of the moving average for technical equity analysis is still highly popular among traders and investors.

New Jimi Hendrix Album To Include Unreleased Studio Recordings
The new album is filled out with 13 different tracks, 10 of which have never officially been released before. The number was previously heard in edited form on the 1990 radio show and subsequent boxed set "Lifelines".

What's Chipotle Mexican Grill, Inc. (CMG) Downside After Forming Double Bottom?
Carmignac Gestion lifted its holdings in Chipotle Mexican Grill by 162.5% during the second quarter. (NYSE:CMG) for 6,518 shares. The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital.

Fonterra's Farmgate Milk Price falls, revenue rises
Spierings said Fonterra is confident of meeting its full-year forecasts following revisions after the recent Danone announcement. Sales volumes were down 20 percent and the gross margin, of 16.7 percent, was also lower.

Alphabet (GOOGL) Coverage Initiated at Evercore ISI
The stock has actually weakened in the past week, as the company has gathered a -4.03% return in the past 5 trading days. The median target of analyst views collected by Yahoo Finance was as much as $147.28 below GOOGL's recent stock price.

Ltd. Has $60.32 Million Position in Electronic Arts Inc. (EA)
Electronic Arts Inc now has $32.21 billion valuation. (NASDAQ:EA) has "Buy" rating given on Wednesday, February 1 by Benchmark. Mitsubishi Ufj Securities Co Limited holds 0.05% of its portfolio in Electronic Arts Inc . (NASDAQ:EA) for 104,894 shares.

Serena Williams is asking other mums for advice about breastfeeding
The athletic giant revealed that it is naming a yet-to-be-constructed building at its world headquarters after Williams . Along with her tweet, she posted a sweet photo of herself with her firstborn, Alexis Olympia Ohanian.

Get free queso at Chipotle on December 12
Chipotle defended the product, insisting that the unusual texture may have been caused by the dip's all-natural ingredients. Chipotle is offering a free side of queso to customers ordering an entree wearing "cheesy" holiday sweaters.

Anonymous donor drops $10k in Salvation Army kettle
The goal this year is $255,000, according to a news release. Donations are collected in red kettles around Fort Wayne. Main Street, from 2 p.m.to 5 p.m.

FRDI Bill: Jaitley assuages concerns, says protection of depositors intact
At present, all possible actions have been taken to prevent he failure of banks and protection of interests of depositors. This has raised concerns that common people may have to bail out banks with their hard-earned money if a bank goes under.

MSNBC reverses decision to fire Sam Seder
Cernovich presented the old tweet as an endorsement of rape, leading to widespread outrage among conservatives on social media. Chris Hayes, one of the network's star hosts, went public with his anger about MSNBC's treatment of Mr.

Cowen Analysts Give Signet Jewelers (NYSE:SIG) a $54.00 Price Target
It is positive, as 60 investors sold EMR shares while 407 reduced holdings. 42 funds opened positions while 133 raised stakes. The company has a market cap of $3,045.97, a PE ratio of 7.71, a price-to-earnings-growth ratio of 1.01 and a beta of 0.94.

Other news