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Andhra Pradesh's Eluru Lok Sabha Election 2024: Date of voting, result, candidates, main parties, schedule

Eluru Lok Sabha constituency in Andhra Pradesh, India, upcoming election features Kavuri Lavanya (INC), Putta Mahesh Yadav (TDP), and Karumuri Sunil Kumar Yadav (YSRCP). In 2019, Kotagiri Sridhar (YSRCP) won with 676809 votes.

The Times of India 12 May 2024 12:15 pm

Baahubali producers to dish out web series

Popular Telugu producers Shobu Yarlagadda and Prasad Devineni who made blockbuster films Baahubali and brought recognition to Telugu films worldwide. They are dishing out a web series titled Yakshini featuring Vedhika, Manchu Lakshmi and Rahul Vijay. It is being helmed by Teja Marni who is known for his films like Arjuna Phalguna and Kota Bommali IPS. The producers have tied up with Disney Plus Hotstar, to release another intriguing series. They unveiled first look poster of Yakshini and indicated its upcoming release. Yakshini is crafted with a unique concept distinct from other socio-fantasy movies and web series. Further details about the series will be revealed soon. The Yakshini web series will be available for streaming in Tamil, Kannada, Malayalam, Hindi, and Telugu.

Deccan Chronicle 12 May 2024 11:39 am

You say you are a musician, they beat you more: the Ukrainian sax player who survived Putins torture prisons

Yuriy Merkotan played in a military band and, after being caught up in the Mariupol siege, spent nearly two years in various jails When Yuriy Merkotan enlisted in Ukraines national guard in 2020, it was not because he wanted to fight. A saxophonist living in the southern port city of Mariupol, there were few opportunities to play music professionally. So when a spot became free in a 16-person band attached to a national guard brigade, he jumped at the chance. But when Russian forces put Mariupol under siege in February 2022, the band members were called to duty. They ended up inside Azovstal, the sprawling factory that became the last bastion of Ukrainian defence as the Russian occupation proceeded to its grim conclusion . Continue reading...

The Guardian 12 May 2024 9:30 am

Trump attacks Biden in Jersey Shore rally speech, alleges political prosecution in hush money case

Trump attacks Biden in Jersey Shore rally speech, alleges political prosecution in hush money case Sandwiched between his appearances in court, Donald Trump headed on Saturday to the Jersey Shore, where he repeatedly blamed President Joe Biden for the criminal charges he's facing as the presumptive nominees prepare to face off in the November election and called his New York hush money case a Biden show trial. Blasting the Democratic president a total moron, Trump before a crowd of tens of thousands repeatedly characterized the cases against him as politically motivated and timed to harm his ability to campaign. He's a fool. He's not a smart man, Trump said of Biden. I talk about him differently now because now the gloves are off. Trump, the presumptive Republican presidential nominee, drew what his team called a mega crowd to a Saturday evening rally in the southern New Jersey resort town of Wildwood, 150 miles (241 kilometers) south of the New York City courthouse where he has been forced to spend most weekdays sitting silently through his felony hush money trial. Lisa Fagan, spokesperson for the city of Wildwood, told The Associated Press that she estimated a crowd of between 80,000 and 100,000 attendees, based off her own observations on the scene Saturday, having seen dozens of other events in the same space. Trump was joined on stage by several high-level endorsers including North Dakota Gov. Doug Burgum and NFL Hall of Fame linebacker Lawrence Taylor, who is still listed as a registered sex offender after pleading guilty in New York in 2011 to misdemeanor criminal charges of sexual misconduct and patronizing an underage prostitute. The beachfront gathering, described by Rep. Jeff Van Drew, R-N.J., as the largest political gathering in state history, was designed to serve as a show of force at a critical moment for Trump, who is facing dozens of felony charges in four separate criminal cases with the election less than six months away. Hours before he was scheduled to take the stage, thousands of Trump loyalists donning Never Surrender T-shirts and red Make America Great Again hats crowded onto the sand between the boardwalk and carnival rides to greet the former Republican president. The everyday American people are 100% behind him, said Doreen O'Neill, a 62-year-old nurse from Philadelphia. They have to cheat and smear him and humiliate him in that courtroom every single day, O'Neill said. This country is going to go insane if they steal the election again. Trump's extraordinary legal woes, which include three other unrelated criminal cases, have emerged as a central issue in the campaign. Trump has repeatedly accused the Biden administration and Democratic officials in New York of using the legal system to block his return to the White House. Prosecutors allege the former president broke the law to conceal an affair with a porn actor that would have hurt his first presidential bid. On Saturday, Trump posited that even those whom he accuses of politically motivated prosecutions didn't bring every case they could have, pointing to the boosts his campaign has sustained with each wave of charges. I heard they were going to do a couple of other things and they said from Washington ... we're indicting him into the White House,' Trump said. They said, Don't do it.' While Trump seized on his legal woes Saturday, a judge's gag order and the threat of jail limit Trump's ability to comment publicly on witnesses, jurors and some others connected to the New York trial, which is expected to consume much of the month. The judge in the case already has fined Trump $9,000 for violating the order and warned that jail could follow if he doesn't comply. The order doesn't include references to Judge Juan M. Merchan, whom Trump called highly conflicted or District Attorney Alvin Bragg, both of whom Trump said are doing the bidding for crooked Joe Biden. Trump's responsibilities as a defendant have limited his ability to win over voters on the campaign trail. He spent last week's off-day from court in the general election battlegrounds of Wisconsin and Michigan. And he was campaigning with tens of thousands of voters Saturday in New Jersey, a reliably Democratic state. Parts of New Jersey have deep-red enclaves and the southern shoreline in particular draws tourists and summer homeowners from neighboring Pennsylvania, a key swing state. Biden, meanwhile, opened his weekend with a series of fundraising events on the West Coast. He avoided Trump's legal challenges as he has done consistently while addressing donors in Seattle. Instead, the Democratic president focused on Trump's recent interview with Time magazine in which the Republican former president said states should be left to determine whether to prosecute women for abortions or to monitor their pregnancies. Saturday's visit to the New Jersey Shore resort wasn't Trump's first. While president, Trump held a rally there in January 2020 to thank Van Drew, the New Jersey congressman who had just left the Democratic Party for the GOP as a rebuke for the former president's first impeachment. Trump drew a crowd at the time that lined the streets, filled bars and supported numerous vendors in what is usually a sleepy city in the winter. This time, the summer season is around the corner for the resort known for its wide beaches and boardwalk games and shops.

devdiscourse 12 May 2024 6:07 am

Controversy follows Gov. Kristi Noem as she is banned by two more South Dakota tribes

South Dakota Gov. Kristi Noem is now banned from entering nearly 20% of her state after two more tribes banished her this week over comments she made earlier this year about tribal leaders benefitting from drug cartels

ABC News 12 May 2024 4:16 am

AFC Champions League Final, First Leg: Yokohama F-Marinos Rally to Beat Al Ain in Japan Ahead of Return Leg

Mohammed Abbas scored in the 12th minute for UAE side Al Ain but Yokohama's Asahi Uenaka levelled midway through the second half before substitute Kota Watanabe grabbed the winner six minutes from time as Harry Kewell's men take a slender lead into the second leg of the summit clash.

News18 11 May 2024 6:15 pm

Rs 8,300 crore worth block deals take place this week; SBI, Zomato and Vodafone Idea see major action

In the largecap segment, 15 companies witnessed significant block deals which were worth Rs 5,731 crore, led by Kotak Mahindra Bank with 24 block counts, totalling Rs 1,500 crore.

The Economic Times 11 May 2024 10:59 am

Remote tribal villagers in ASR district plead for transportation facility

VISAKHAPATNAM : In preparation for the upcoming elections on May 13, tribal communities residing in Thattapudi, Chindulapadu, and Peda Buruga villages of Alluri Sitarama Raju district are appealing to district authorities and the election commission for transportation facilities to enable them to cast their votes conveniently. These remote hilltop villages, situated in the Pinakota panchayat of Ananthagiri mandal, house approximately 80 eligible voters. To reach their designated polling stations in Chintapaka village, residents must undertake a challenging trek spanning 15km (30 km up and down) through dense forests. From Chintapaka, they still face an additional 4-km journey to reach their respective polling booths in Pinakota and Koraparthi. Expressing the villagers sentiments, one resident stated, The lack of road facilities to our hilltop villages forces us to navigate through dense forests until we reach Chintapaka. Therefore, we earnestly request the district authorities to organise transportation from Chintapaka to our designated polling stations. Without this assistance, we would have to endure an additional 4-km walk to reach the polling booths. Providing transportation would not only save us valuable time but also conserve our energy, ensuring our ability to exercise our voting rights effectively. This plea echoes similar appeals made by other tribal communities in the region, such as the 342 residents of Dyatri, Madrebu, and Tunisibu villages, who require a 60-km horseback journey to vote in the elections. Additionally, 40 tribal individuals from Kalyan Gummi village in Gumma panchayat also petitioned district authorities for assistance. Thanks to the intervention of Paderu ITDA Project Officer V Abishek, the authorities have been directed to verify the routes and arrange transportation for these tribal communities. Consequently, the villagers will be provided with transportation facilities, ensuring their ability to cast their votes with ease.

The New Indian Express 11 May 2024 9:28 am

Unkept promises disappoint Jammalmadugu voters

KADAPA: Jammalmadugu, a name familiar across the two Telugu States and once synonymous with factionalism, has seen a decline in its influence over the years. Despite its historical significance, many longstanding issues within the Assembly constituency remain unresolved and promises made during elections often forgotten. Key developmental projects such as the establishment of a steel plant, textile park, and Gandikotas transformation into a tourism hub have remained elusive. Encompassing the mandals of Yerraguntla, Jammalmadugu, Peddamudium, Mailavaram, Muddanuru, and Kondapur, the area is home to a diverse demographic, including a significant population of SCs, Reddys, Weavers, BCs, and minority communities. Notable tourist attractions include the Jain temples in Gandikota and Danavulapadu, Kanyatheertham, Agasteshwara Kona, the Gandikota project, and the Mailavaram reservoir. Since 1955, the Jammalmadugu constituency has witnessed 15 elections, with members of the Reddy community prevailing in all, but two instances. The areas political landscape has been historically dominated by figures such as Ponnapureddy Shiva Reddy and Tatireddy Narasimha Reddy, with factionalism gradually waning over time. In recent years, the competition has intensified with Dr Sudheer Reddy and C Adinarayana Reddy vying for electoral success. While the YSRC has re-nominated sitting MLA Sudheer Reddy, the BJP, which is contesting the elections in an alliance with the TDP and JSP, has roped in Adinarayana Reddy, who has won from the segment thrice - in 2004 and 2009 on a Congress ticket and in 2014 on a YSRC ticket. Despite successive governments pledges, critical infrastructure projects such as the proposed steel plant and textile park have failed to materialise, leaving residents disillusioned. Prominent leaders, including late YS Rajasekhara Reddy and current Chief Minister YS Jagan Mohan Reddy, have laid foundation stones for these initiatives, yet progress remains stagnant. The weavers community, concentrated in the Mailavaram mandal, continues to await the realisation of assurances made regarding a textile park, while unresolved land acquisition issues further exacerbate local grievances. Despite its rich mineral resources, the constituencys economic potential remains largely untapped, driving many residents to seek employment opportunities elsewhere. The Gandikota project has faced numerous setbacks, despite promises made by successive governments. While the previous administration provided compensation to submerged villagers, additional pledges by the current leadership remain unfulfilled. In Peddamudium mandal, recurring floods exacerbate the plight of affected communities, highlighting the urgent need for flood management measures and adequate compensation. M Sudheer Reddy, YSRC Despite the regions abundant mineral resources, the lack of industries has led to significant unemployment, forcing many to seek opportunities outside the State. Further, the envisioned transformation of Gandikota into a bustling tourism hub has fallen short of expectations. Despite attracting tourists and film productions, the area lacks essential amenities and infrastructure to support sustained tourism growth. Efforts to kickstart development projects, such as the luxury resort and ropeway in Gandikota, have stalled, casting doubt on the governments commitment to revitalising the area. Similarly, promised initiatives like the grand canal and RTC bus service remain unrealised, further undermining the prospects of Gandikotas development as a premier tourist destination. The failure to deliver on these promises underscores the need for greater accountability and concerted efforts to address the longstanding challenges facing Gandikota and other tourist destinations in the district. Without meaningful action, the potential economic and cultural benefits of tourism in the region will continue to remain unrealised. Chadipirala Adinarayana Reddy, BJP Chadipirala Adinarayana Reddy, BJPIn the upcoming elections, the contestants are seeking to capitalise on their track record of service, promising to address longstanding issues and foster development within the constituency. However, with competing visions and unresolved challenges, the path to progress for Jammalmadugu remains fraught with obstacles.

The New Indian Express 11 May 2024 9:20 am

Kadapa LS: YSRC candidate Avinash Reddy says he banks on his good image in public life

Anantapur : Many leaders of Rayalaseema are rough in their dealings and have the legacy of the Palegar culture, but Kadapa MP, YS Avinash Reddy, is made of a different mettle. His soft nature and affable manners with those who meet him with grievances are his plus points in public life. He calls everyone Anna (brother), to cement this personal bond. Despite facing a series of attacks from his sister and APCC chief YS Sharmila, who accused him of a role in the YS Vivekananda Reddy murder, Avinash Reddy remains cool. Many see this as a winning strategy in successive polls. Avinash Reddy, even as he initiated steps to solve many issues including the Kadapa district head quarter issues and issues of other assembly segments, he has given importance to the local MLAs in their respective constituencies without trying to spread his weight around. As the LS candidate of the YSRC in Kadapa, Avinash Reddy is facing a triangular contest involving TD candidate C Bhupesh Reddy and Congress candidate and his sister YS Sharmila. Asserted Avinash Reddy, I have not indulged in any criminal activity and never spoke ill of my political rivals. Speaking to Deccan Chronicle, he said he has been involved in solving the grievances of the people of Kadapa LS constituency and Pulivendula assembly segment, as their incharge for the past five years. On the exclusive development of Kadapa airport, Avinash Reddy said the decades-old airport has been the air-link for the people of Rayalaseema region. The airport is designed to accommodate 700 passengers along with night landing facilities. The airport terminal is designed on lines similar to the Gandikota fort, the grand canyon of South, to resemble the historic notes of 1153, he said. Referring to Kadapas development, Avinash Reddy said that about `2400 crore of state and central funds were spent on massive development of the district headquarters, with erection of the ring road, flyovers and amusement parks in the past five years. Kadapa district got a boost as the major irrigation source of GNSS project is connected to Gandikota and Chitravati reservoirs, supplementary lift irrigation channels have improved ground water sources and dry lands have turned into orchards in remote areas. Being incharge of Pulivendula assembly segment, Avinash Reddy claimed there was huge development in all sectors through the Pulivendula Urban Development Authority. Pulivendula now stood as a model for the state, he said. As for the pending Railway line between Kadapa and Bengaluru, which could be helpful to thousands of people including software techies and other professionals, the YSRC candidate said he has submitted a representation to the railway minister to sanction a new railway line with modifications so as to reduce distance between the two cities, and stressed that it would lessen the burden on both states vis-a-vis the cost of land acquisition. We ensured a boost to the tourism sector by concentrating on Gandikota, he said. Reacting to the verbal attack on him by APCC chief YS Sharmila vis--vis the Viveka murder case, Avinash made it clear that he had no role in it and the people of Kadapa knew him well. I had explained the facts of the case to the people of Kadapa who see me as a representative of YS Jagan Mohan Reddy, he said. Avinash Reddy said he had never encouraged quarrels, faction-related crimes and, instead, directed police stations to solve issues on merit, irrespective of who are involved in those.

Deccan Chronicle 10 May 2024 11:32 pm

Abigail Disney evokes Old Yeller in plea to reject Republicans after Kristi Noem kills dog

Exclusive: great-niece of Walt Disney issues appeal to appalled voters on behalf of Progressive Change Campaign Committee Evoking the classic Disney tearjerker Old Yeller, in which a family is forced to put down their beloved dog, the US film-maker and campaigner Abigail Disney exhorted voters to oppose the Republican party of Kristi Noem, the South Dakota governor whose story of killing Cricket , a 14-month-old dog, shocked the world and seemingly dynamited her hopes of being Donald Trumps running mate. My great-uncle Walt Disney knew the magic place animals have in the hearts of families everywhere, Disney wrote in an email released by the Progressive Change Campaign Committee (PCCC) and obtained exclusively by the Guardian. Continue reading...

The Guardian 10 May 2024 10:59 pm

Indian markets close marginally up as sectoral indices gain

Indian markets close marginally up as sectoral indices gain Indian stock markets experienced a slight gain during Friday's session following a slump in stock indices on Thursday. The Nifty 50 index rose by 0.44 percent to close at 22,055, while the Sensex gained 260.3 points to close at 72,664.47. With the exception of the IT, Realty, PSU Bank, and Bank sectors, all other sectoral indices recorded gains. The Metal, Oil & Gas, FMCG, and Auto sectors led the upward trend. This week has two words to describe it: Jittery and Volatile. Jittery foreign investors kept pressing large outflows. India Vix went up for a 12th day to a 19-week high said Ajay Bagga, Banking and Market expert. He further added We still feel given this is mostly Elections related jitters, this will continue till June 1 when exit polls come and then June 4 will see markets looking ahead and rallying. Three weeks of pain incoming. Brace yourself for more pain. Unfortunate but probable. In the Nifty 50 list, BPCL, Power Grid, NTPC, Hero Motocorp, and Eicher Motors emerged as the top gainers, while TCS, Cipla, LTIM, Kotak Bank, and Infosys were among the top losers. According to market statistics from the NSE, a total of 2,703 stocks traded on the exchange, with 1,660 closing in the green, 926 declining, and 117 remaining unchanged. Indian markets largely remained positive; however, a trend of sell-on rally is emerging given domestic premium valuation and election jitters creeping in the minds of investors given lower voter turnout. said Vinod Nair, head of research at Geojit Financial Services He further added, Financials remained weak on account of signs of contraction in NIMs and the RBI's regulatory actions. FIIs continue to remain sellers given delays in rate cuts, inflationary concerns, moderation in corporate earnings, and premium valuation. Apart from US consumer and inflation data, the possibility of US tariff actions on Chinese EV companies will attract market attention. The broader market indices closed in the green during Friday's session, with Nifty Midcap 50 and Nifty Midcap Select emerging as notable gainers after gaining more than 1 percent. Foreign portfolio investors (FPIs) have turned net sellers in Indian stocks lately, with NSDL data showing cumulative sales worth Rs 8,671 crore in April and Rs 10,413 crore so far in May. In the commodities market, oil prices extended gains for a third consecutive day, supported by key technical levels, while gold prices rose after a notable increase the previous day. WTI Crude oil futures extended gains amid optimism on Chinese and US demand, with Chinese crude oil imports increasing in April, signaling improving demand. Meanwhile, a surge in US weekly jobless claims bolstered expectations for Federal Reserve interest rate cuts this year. (ANI)

devdiscourse 10 May 2024 4:32 pm

Sensex, Nifty rebound as Reliance, ITC gain

From the Sensex basket, Power Grid, NTPC, JSW Steel, Asian Paints, ITC, Bharti Airtel, Hindustan Unilever and Tata Motors were the biggest gainers. On the other hand, Tata Consultancy Services, Kotak Mahindra Bank, Infosys, Wipro, Mahindra and Mahindra and HDFC Bank were among the laggards.

Rediff 10 May 2024 4:24 pm

Kota Student Sends Chilling Message To Father Before Going Missing: Koi Galat Kadam Nahi Uthaunga

main 5 saal ke liye ghar se jaa raha hun

mashable 10 May 2024 4:12 pm

Ahead of Panchayat season 3's release, here are the top 7 performances by Jitendra Kumar that you need to binge watch right now!

From the rustic charm of rural India to the complexities of modern relationships, Jitendra Kumar has captivated audiences with his nuanced portrayals across various genres. As fans eagerly anticipate the release of Panchayat Season 3 on May 28, 2024, let's delve into some of Kumar's standout performances that showcase his versatility and talent: 1. Panchayat Season 1 & 2 - In this Amazon Prime series, Jitendra Kumar portrays Abhishek Tripathi, a young man who reluctantly becomes the secretary of a rural village's panchayat. His portrayal beautifully captures the essence of small-town life, earning him acclaim for his relatable and grounded performance. Audiences across demographics have praised his ability to connect with viewers on an emotional level, showcasing his mass appeal. 2. Shubh Mangal Zyada Saavdhan - As Aman Tripathi, Jitendra Kumar delivers a breakthrough performance, portraying a gay man navigating societal pressures and family expectations with sincerity and depth. His portrayal resonates with audiences for its authenticity and emotional resonance, establishing him as a versatile actor capable of handling sensitive subjects with grace. 3. Kota Factory season 1 & 2 - In this TVF web series, Jitendra Kumar plays Jeetu Bhaiya, a mentor to IIT aspirants in Kota. His portrayal of the supportive and motivational teacher strikes a chord with viewers, showcasing his ability to connect with the younger generation and earn their admiration. His rooted acting style adds authenticity to the character, making him a beloved figure among audiences. 4. Chaman Bahaar - Jitendra Kumar shines as Billu, a paan shop owner who falls for a girl who becomes the talk of the town. His portrayal of a small-town dreamer grappling with love and ambition showcases his ability to portray complex characters with nuance and charm. Audiences appreciate his relatable portrayal of a man caught in the throes of infatuation, further cementing his mass appeal. 5. Dry Day - Jitendra Kumar makes you laugh like no other as Gannu, an alcoholic who tries to leave alcohol when his wife threatens him to abort their baby. Audiences admire his grounded approach to acting, which allows him to connect with viewers on a personal level. 6. TVF Pitchers - Jitendra Kumar's portrayal of Jitendra Maheshwari, a young professional with entrepreneurial aspirations, resonates with audiences for its authenticity and relatability. His performance captures the struggles and aspirations of today's youth, showcasing his ability to portray characters with honesty and conviction. Audiences across genres appreciate his mass appeal and rooted acting style, making him a favorite among viewers. 7. Jaadugar -Jitendra Kumar impresses as Meenu, a small-time magician who is entrusted to lead a local football team. His earnest portrayal makes you fall in love with magic and Jitendra's charm! His performance is marked by its humor and heart, as he navigates the challenges of rural life with earnestness and wit. Audiences praise his ability to bring authenticity to his characters, making him a beloved figure across demographics. These rooted performances highlight Jitendra Kumar's diverse range of performances and his ability to connect with audiences across genres, cementing his status as one of India's most beloved actors, we really can't wait to see him create magic once again in 'Panchayat season 3.'

Deccan Chronicle 10 May 2024 12:29 pm

Eluru: Know your candidates

Eluru Lok Sabha K Sunil Kumar Yadav, YSRC Son of minister Karumuri Nageswara Rao, Karumuri Sunil Kumar Yadav, is making electoral debut as Eluru MP candidate in the upcoming general elections. Politically novice, 33-year-old Sunil Kumar is a multi-faceted businessman and has been closely following the State politics along with his father Putta Mahesh Yadav, TDP Son of Mydukuru MLA candidate Sudhakar Yadav and son-in-law of TDP senior leader Yanamala Ramakrishna, Mahesh is contesting for the first time as Eluru MP. He hails from a strong political family and his father Sudhakar Yadav served as TTD chairman in the past. He promised completion of the Chintalapudi Lift Irrigation Project if TDP voted to power ASSEMBLY CONSTITUENCIES Eluru Alla Kali Krishna Srinivas, YSRC Popularly known as Alla Nani, Alla Kali Krishna Srinivas won thrice from Eluru constituency and served as Deputy Chief Minister and Minister of Health and Family Welfare, Medical Education in YS Jagan Mohan Reddys cabinet. He started his political career in early 2000s and is known as a close confidant of Jagan. Nani is confident over his victory for the fourth time Badeti Radha Krishna, TDP Brother of former MLA late Badeti Kota Rama Rao, Radha Krishna is making his electoral debut in the 2024 elections against senior politician Alla Nani. However, Radha Krishna is backed by TDP leaders and Jana Sena leaders who helped him to complete the Sankalpa Yatra in Eluru town. Determined to bag the seat Rama Rao has intensified his campaigning Kotaru Abbaya Chowdary Denduluru Kotaru Abbaya Chowdary, YSRC Hailing from a strong political family background in West Godavari district, Kotaru Abbaya Chowdary recorded his maiden victory in 2019 elections with more than 15,000 votes against TDP senior leader Chintamaneni Prabhakar. Abbaya Chowdary is again taking on Prabhakar for the second time and confident over his victory in the general elections Chintamaneni Prabhakar, TDP Two- time MLA Chintamaneni Prabhakar is contesting for the fourth time from Denduluru Assembly constituency on TDP ticket in the 2024 elections. Prabhakar is famous for his controversial comments and behaviour. He won in the 2009 and 2019 elections and now focusing to win back the segment from the YSRC by banking anti-incumbency votes Unguturu Puppala Srinivasa Rao (Vasubabu), YSRC Sitting MLA Puppala Srinivasa Rao, known to people as Vasubabu started his political career in 2014 and won as MLA in the 2019 elections from Unguturu Assembly constituency. A businessman by profession, Srinivasa Rao attracted to politics and joined YSRC to dedicate his services to the people of Unguturu Patsamatla Dharmaraju, Jana Sena party Jana Sena party leader Patsamatla Dharmaraju is making electoral debut in the 2024 elections and is supported by the tripartite allianceTDP, BJP and JSP. Dharmaraju hails from an affluent Kshatriya family background located in Unguturu mandal. He has been vigorously striving to win the hearts of the people Polavaram Tellam Rajyalakshmi, YSRC Wife of sitting Polavaram MLA Tellam Balaraju, Rajyalakshmi was nominated by YSRC high command to contest from Polavaram due to anti-incumbency. Though Balaraju emerged victorious in 2004, 2009, 2012 (by-election) and 2019 elections, the top brass of YSRC has decided to nominate his wife to fight anti-incumbency in the Polavaram Assembly segment Chirri BalaRaju, JSP As a part of the tripartite alliance, Jana Sena party leader Chirri Balaraju was nominated to contest from Polavaram Assembly constituency in the upcoming general elections. A staunch supporter of Pawan Kalyan and ideology of Jana Sena Party, Chirri Balaraju hails from poor agricultural family background. He promises to develop the constituency on par with others Kambham Vijaya Raju Chintalapudi Kambham Vijaya Raju, YSRC Road Transport Officer-turned-politician Vijaya Raju is making his electoral debut in the 2024 elections from SC reserved Chintalapudi segment against political novice Songa Roshan of Telugu Desam Party. He joined YSRC party in 2014 and has been a strong supporter to the party in the constituency. Banking the welfare schemes of YSRC, Raju has garnered peoples support Songa Roshan Kumar, TDP Techie-turned-politician Songa Roshan Kumar is a known face in Chintalapudi Assembly constituency before he forayed into politics. With his NGO Mission Hope, Roshan Kumar touched more than 30 villages in Chintalapudi and supported poor people by providing scholarships to students, food to daily wage labourers and with many other welfare activities Nuzvid Meka Venkata Pratap Apparao, YSRC A three-time MLA, Meka Venkata Pratap Apparao is contesting for the fourth time from Nuzvid segment. He is the son of Meka Venkata Swetha Chalapathi Venu Gopala Apparao, who ruled the Nuzvid for over half a century. Pratap was elected as Nuzvid MLA in 2004 on Congress ticket and joined YSRC in 2014 Kolusu Parthasarathy, TDP BC leader from Krishna district, Kolusu Parthasarathy left YSRC and joined opposition TDP recently as he was denied Penamaluru ticket. The 60-year-old successfully contested from Penamaluru constituency in 2019 and represented Vuyyur once (2005) and Penamaluru twice (2009 and 2019). He served as a minister in YSR, Rosaiah and Kiran Kumar Reddy cabinets Dulam Nageswara Rao Kaikalur Dulam Nageswara Rao, YSRC The 65-year-old sitting MLA successfully contested in the 2019 elections and is contesting for the second consecutive time from the same Kaikaluru constituency. Nageswara Rao is a businessman by profession and belongs to the Kapu community. He started his political career with Congress and later joined YSRC. He is famous for his social services Kamineni Srinivas, BJP Former minister in TDP supremo Chandrababu Naidus cabinet, Kamineni Srinivas took a break from politics for five years and is now in the poll fray with BJP ticket in Kaikaluru Assembly segment for the 2024 elections. Started his political career with Praja Rajyam Party in 2009, Srinivas lost once in 2009 and won in 2014. He joined BJP soon after PRP was merged into Congress

The New Indian Express 10 May 2024 10:05 am

PNB Q4 profit up 160%; Nirmal Bang, Kotak say sell stock, share target prices

PNB shares are up 61 per cent in the past six months. Nirmal Bang Institutional Equities and Kotak Institutional Equities maintained 'Sell' rating on the stock, citing a recent sharp rally .

Business Today 10 May 2024 9:41 am

Periyanaickenpalayam flyover in Coimbatore has no facility to drain water out

COIMBATORE: Waterlogging on the newly commissioned Periyanaickenpalayam flyover in Coimbatore city during rain hinders the smooth flow of traffic, say motorists. They alleged that the flyover in Periyanaickenpalayam town has no proper provisions for draining of rainwater from the flyover. The flyover connecting Vidyalaya and Vannankovil was officially inaugurated in March after a trial run that commenced last December. Several motorists reported they experienced difficulties in the Periyanaickenpalayam area in the recent summer shower. S Satyanarayanan, a commuter from Nanjundapuram in Coimbatore, said, I was driving back with my family from Kotagiri to Coimbatore on May 4. It was raining almost throughout the journey. At 5 pm, we were on the recently commissioned Perinaickenpalyam flyover. There was heavy waterlogging on the flyover. All vehicles were seen avoiding the waterlogging and drove on the right side even when vehicles were coming in the opposite direction. The entire surface of the flyover was inundated in rainwater. Water had collected on the flyover soon after the rain on Thursday morning too. CM Jayaraman, a social activist, demanded the district administration to look into the issue immediately and rectify the drainage system in the flyover. When contacted, R Muralidharan, Assistant Divisional Engineer of the National Highways Wing of the State Highways Department, said, To drain rain water, holes have been provided in required places and 1.5 meter drainage pipes have been installed on the flyover. We inspected the place after the complaint and found that the holes were choked with sediments and dried tree leafs. Those were removed and it will be cleaned up periodically. The flyover is 1.85 km long and 17.5 meters wide. It was built at a cost of Rs 115 crore.

The New Indian Express 10 May 2024 9:23 am

Share Market Highlights 10 May 2024: Sensex and Nifty rebound, led by Reliance Industries, ITC, Bharti Airtel

Sensex, Nifty updates on 10 May 2024: The Sensex and Nifty rebounded on Friday, driven by a rally in market heavyweights like Reliance Industries, ITC, and Bharti Airtel, supported by positive global cues. The BSE Sensex rose 260.30 points or 0.36% to close at 72,664.47, recovering from the previous days sharp decline. The NSE Nifty climbed 97.70 points or 0.44% to 22,055.20. Power Grid, NTPC, JSW Steel, Asian Paints, and other major stocks contributed to the Sensex gains, while Tata Consultancy Services, Kotak Mahindra Bank, and Infosys were among the laggards. Asian markets closed with gains, and European markets were trading positively. Global oil benchmark Brent crude rose to USD 84.22 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 6,994.86 crore on Thursday.

The Hindu Businessline 10 May 2024 6:39 am

Man stabs 10-yr-old son to death in Kota

The Times of India 10 May 2024 5:06 am

Four child marriages stopped in Kota

The Times of India 10 May 2024 4:29 am

19 years old NEET aspirant goes missing from PG room in Kota, search on

NEET aspirant Rajendra Prasad Meena abruptly left Kota after his exam, expressing a desire to halt studies. Despite assuring his safety and contacting family if necessary, he remains missing, prompting a search by authorities and family members.

The Times of India 9 May 2024 9:47 pm

SBI topples Reliance Industries as most profitable company, logs in a record Rs 20,698 crore net in Q4

MUMBAI: The nations largest lender State Bank of India has reported record quarterly and annual profit numbers with a 24 percent growth in the March quarter earnings at Rs 20,698 crorethe highest in the entire India Inc including that of the otherwaise most-profitable Reliance Industries, while annual profit peaked at Rs 61,077 crore. At Rs 20,698 crore, SBIs March quarter net income is much higher than that of the consolidated numbers of Reliance, which for decades has been the most profitable firm in the country. RILs Q4 net income came in Rs 18,951 crore, down from Rs 19,299 crore a year ago. But in terms of annual earnings, Reliance still tops the chart with Rs 69,621 crore in consolidated earnings, while SBIs is lower at Rs 61,077 crore. As against this, the largest software exporter TCS reported only around 60 percent of SBIs at Rs 12,434 crore for the March quarter which was a growth of 9 percent on-year. Even from revenue from operations side, SBI leads the entire corporate by a wide margin with an annual revenue of Rs 1.11 trillion, up a full 19 percent from Rs 92,951 crore it had reported a year ago. Announcing the numbers at his headquarters, SBI chairman Dinesh Kumar Khara told reporters that both the numbers are the highest ever for the bank and this was driven by a record improvement in the asset quality with gross bad loan piles falling to a decadal low of 2.24 percent down 54 bps from 2.78 percent last year, while net NPA printed in at 0.57 percent compared to 0.67 percent last year. He also said the net income for the quarter would have been higher by Rs 7,100 crore had it not been for the additional provision it has made towards pension liabilities after the new wage pact came into force, towards which it had already provided for around Rs 13,500 crore. At 2.24 percent, our gross NPA is lowest in the past 10 years, Khara said, adding in absolute terms the gross bad loan pile came down by 7.32 percentage points to Rs 84,276 crore from Rs 90,928 crore while net NPAs came down by 1.94 percentage points to Rs 21,051 crore from Rs 21,467 crore. The lender declared a dividend of Rs 13.7o/share for FY24 and the SBI counter closed at Rs ,819.65, up 1.14 percent on a day when the market gauge tanked 1.6 percent. Khara said the March loan growth was one of the best growth in over eight quarters at over 16 percent and he expects the same trend to continue in FY25. Credit growth has been robust across all segments. RAM (retail and rural and medium companies) book crossed the Rs 20 trillion mark in FY24 while corporate segment grew at a healthy 16 percent. And we are sitting on Rs 4 trillion worth of corporate loans sanctioned now, he said. Going forward, Khara expects to sustain a similar credit and deposit growth rates of 15-16 and 13-14 percent respectively. Well be able to maintain a credit growth trajectory of 15-16 percent that we had in FY24. Deposit growth would be around 13-14 percent, said Khara. Total credit growth printed in at 15.24 percent while domestic advances grew 16.26 percent, corporate advances and agri advances crossed Rs 11 trillion and Rs 3 trillion-marks, respectively, he said, adding the bank also saw an impressive 36-quarter low in terms of ratios between gross and net NPAs. In Q4, total income rose to Rs 1.28 trillion from Rs 1.06 trillion a year ago, while operating expenses grew 20 percent to Rs 30,276 crore from Rs 29,732 crore. After salaries, the bank said the biggest expenses head is IT spends but did not quality it saying that is not their policy. All that the chairman said was SBI is the largest IT spender among banks and is above the industry average of 6-8 but did not put a number to it. Private banks have been voluntarily sharing numbers in this quarter as the earnings season has come on the heels of the RBI ban on Kotak for its poor IT infra. The overall provisions nearly halved to Rs 1,609 crore from Rs 3,315 crore in the year-ago period, Salony Narayan, the deputy managing director and the head of the finance department said. On the RBI draft on provisioning against infra projects, Khara said, incremental provisions will not be significant. Well be able to absorb and if this becomes a reality, well be looking at repricing the loan. And the project loan book stood at Rs 1.21 trillion. On the gold loan portfolio, Khara said, even before the finance ministry directive to review the asset quality of the Rs 1.3 trillion book, he said they have completed the same and there is nothing to worry about it as the bad loan ratio here is only 0.16 percent. Khara said the bank is sitting on an excess liquidity of Rs 3.5 trillion which is parked in government securities now and an additional Rs 67500 crore in the held to maturity securities. On hiring, the bank said they are already in the process to hire around 12,000 employees, of which over 85 percent recruits are engineers. The bank saw over 27,000 employees retiring last fiscal and the chairman said as a policy it replaces only about 75 percent of retirees per annum as a policy.

The New Indian Express 9 May 2024 7:16 pm

Medical aspirant runs away from Kota after NEET: Will return after 5 years

Medical aspirant runs away from Kota after NEET Will return after years

India Today 9 May 2024 7:06 pm

Dakota Johnson, Pedro Pascal Share A Sweet Kiss On Sets Of Materialists

The duo was spotted in a cosy embrace, sharing a sweet kiss that has left fans eagerly anticipating the film's release. This will be a follow-up to Celine Song's Past Lives.

News18 9 May 2024 6:31 pm

SIP investment scale Mount Rs 20,000 crore in April; total AUM at Rs 57.3 trillion

MUMBAI: Continuing inflows into the most popular mutual fund segment, the systematic investment plans or SIPs set new records in April topping the Rs 20,000crore mark for the first time, and coupled with this and fresh inflows into debt and equity funds the total assets under management have risen to Rs 57.26 trillion in the month, up from Rs 55.01 trillion in the previous month. Being the fiscal year closing month, March saw a significant outflow of Rs 1.59 trillion, but the industry reversed the trend and saw a strong rebound with net inflows reaching Rs 2.39 trillion, driven by inflows across all categories, show the latest data shared by the industry lobby the Association of Mutual Funds of India or Amfi on Monday. According to Ashwini Kumar, a senior vice-president at Icra Ratings, after clipping at 35 percent in FY24 ove FY23, the industry AUM continued to post a stellar performance in April with the net AUM growing by 38 percent on-year to touch Rs 57.26 trillion over Rs 41.62 trillion in April 2023. Sequentially, he said net AUM grew 7 percent from Rs 53.40 trillion in March 2024, while net inflows surged 97 percent on year in April by Rs 2.39 trillion from Rs 1.21 trillion in April 2023. For the first time ever, monthly investments into SIPs topped the Rs 20,000 crore landmark reaching Rs 20,371 crore in April, Venkat Chalasani, the chief executive of Amfi told reporters. The SIP book was Rs 19,271 crore in March and Rs 19,187 crore in February. However, inflows into open-ended equity mutual funds had slumped 16 percent to Rs 22,633 crore. Similarly, inflows into equity mutual fund fell 16.42 percent to Rs 18,917.08 crore in April on a fresh slump in investments into large-cap funds. On the other hand, small-cap funds saw inflows worth Rs 2,208.70 crore in the reporting month after witnessing outflows in March. The mutual fund industry surged to new levels with net AUM reaching Rs 57.26 lakh crore and SIP accounts touching 8.70 crore. A historic SIP contribution of Rs 20,371.47 crore taking SIP AUM to Rs 11.26 lakh crore with 63.65 lakh new SIP registrations showcases investor confidence, said Chalasani. Meanwhile, inflows into open-ended equity funds remained in the green for the 38th straight month but inflows into large-cap funds slumped 83 percent to Rs 358 crore in April, while mid-cap funds saw 76.19 percent jump in net investments to Rs 1,793 crore. Small-cap funds, which were seeing outflows for the first time in 30 months in March, were back in the green with net inflows of Rs 2,209 crore. On the other hand, focused funds and tax-saving equity linked savings scheme categories saw net outflows of Rs 328 crore and Rs 144 crore, respectively. Meanwhile, debt funds, which had witnessed net outflows of Rs 1.98 trillion in March saw net investments of Rs 1.90 trillion in April, led by Rs 1.03 trillion inflows into liquid funds and inflows of Rs 34,084 crore into money market funds. Sanjay Agarwal, a senior director with Careedge Ratings said, in the reporting month practically all debt categories, excluding medium duration funds, credit risk, and banking & PSU funds saw inflows. The credit risk category continued to witness 13th straight month of outflows. Manish Mehta of Kotak Mahindra AMC said investors are increasingly preferring large cap oriented schemes and multi-asset allocation funds now. Investors understand that time in the market is important than timing the market and hence continue to add investments through SIPs/STPs. On SIPs crossing the Rs 20,000-crore mark A Balasubramanian, the managing director of Aditya Birla Sun Life AMC said that it shows the industry has received higher acceptance from investors to invest their savings and create wealth in the long-term via the SIP route. The surging inflows can be attributed to factors like quarter-end demands for advance tax, diminishing year-end redemptions, and continued volatility in stock markets, leading investors favouring cash for short-term investments, said Gopal Kavalireddi, vice-president of research at Fyers.

The New Indian Express 9 May 2024 6:12 pm

Travel tips: Gwalior attracts tourists due to its historicity, tourists are surprised to see the fort and palace.

Gwalior is a historical city and a major city of the state located in the Gwalior district of Madhya Pradesh state of India. Geographically Gwalior Madhya Pradesh. Located in the north of the state. This city and its famous fort have been the center of the ancient cities of North India. This city has been the capital of the Gurjara-Pratihar dynasty, Tomar and Kachwaha. Gwalior has been selected as one of the hundred Indian cities to be developed as a smart city under Prime Minister Narendra Modi's flagship Smart Cities Mission. There is a history hidden behind the name of Gwalior city. Surajsen, who became a king in the sixth century, once was on his deathbed suffering from an unknown disease, then a saint named Gwalipa cured him and gave him life. The foundation of this city was laid in his honor and it was named Gwalior. It is said that 83 descendants of Surajsen Pal ruled the fort, but the 84th, named Tej Karan, lost it. While Gwalia remains in the news due to its history, it has a different status from a tourism point of view. Today we are going to give our readers information about some of its places which are excellent for visiting. Maharaja Man Singh's Fort (Gwalior Fort) This fort made of sandstone is visible from every direction of the city and is the most important monument of the city. To reach this fort built on a high plateau, one has to go through a narrow road with a very steep slope. The huge sculptures of Jain Tirthankaras are carved very beautifully and intricately on the big rocks around this road. The three hundred feet height of the fort is a witness to the invincibility of this fort. Amazing examples of medieval architecture are located in the inner parts of this fort. Gujri Mahal, built in the fifteenth century, is one of them which is a symbol of the intense love of Rajput king Mansingh Tomar and Gurjar queen Mriganayani. The external part of this palace has been preserved in its original form by the State Archeology Department, but the internal part has been converted into a museum where rare ancient sculptures are kept which according to carbon dating are from the first century AD. These rare sculptures have been obtained from the areas around Gwalior. Gwalior Fort is located 120 km away from Agra. It is called the 'Gibraltar of India'. Teli Temple A unique architectural specimen built in the 9th century is the Teli temple of Lord Vishnu, which is 100 feet high. It is a unique confluence of Dravidian architecture and Aryan architecture. Manmandir Mahal It was built between 1486 and 1517 by the illustrious Raja Mansingh of Gwalior. Time has taken away the grandeur of this fort decorated with beautiful colorful tiles, but in some of its internal and external parts, the remains of excellent artworks made by these blue, yellow, green, and white tiles still indicate the grand past of this fort. Apart from being a mighty warrior, Mansingh was also a lover of fine arts and knowledgeable about architectural styles. His reign is called the golden age of Gwalior. The past still vibrates in the huge chambers of this fort. Here there is a music hall made of latticed walls, behind which the women of the royal family used to enjoy musical concerts and learn music in the Zenana chambers built behind them. There is a prison in the basements of this palace, history says that Aurangzeb had imprisoned his brother Murad here and later got him executed. Jauhar Kund is also located here. Apart from this, there is a pond in the fort named after the first ruler of this city, 'Suraj Kund'. There is a temple of Lord Vishnu called 'Sahasrabahu Ka Temple', which is now also known as the Mother-in-Law's Temple. Apart from this, there is a beautiful Gurudwara which was built in the memory of Guru Hargobind Ji, the sixth Guru of the Sikhs, who was kept captive here by Jahangir for two years. Jai Vilas Palace and Museum This is not only the current residence of the Scindia royal family but also a grand museum. 35 rooms of this palace have been converted into a museum. Most parts of this palace are influenced by Italian architecture. The famous Durbar Hall of the palace is a witness to the grand past of this palace, the weight of the two chandeliers installed here is two tons each, it is said that they were hung when ten elephants were mounted on the roof and the strong of the roof was measured. Another famous thing of this museum is the silver train whose tracks run on the dining table and during special feasts this train serves drinks. Rare artifacts from Italy, France, China, and many other countries are here. Tansen Memorial Tansen was one of the best musicians in India and was a prominent singer in the court of Akbar throughout the Middle Ages. He was also one of the nine pearls of the Mughal court. According to legend, Tansen could summon magic, bring rain and even charm animals with his songs. He learned Hindustani classical music from Mohammed Ghaus, a teacher who was his teacher. He composed the musical style of Gwalior Gharana and supported the Dhrupad style. He was buried near his master in a magnificent architectural monument. Every year in November, the Tansen Music Festival is held here, in which well-known artists from across the country come to play in various classical performances. Gopachal Mountain Gopachal Mountain, in the area of Gwalior Fort, is a unique place of ancient artistic Jain sculpture group. Thousands of huge trees here. Jain Statues No. From 1398 to no. The mountain was carved in 1536. These huge statues were built during the reign of Tomarvanshi kings Veeramdev, Dungarsingh, and Kirtisingh. He gained fame in the company of the great poet of Apabhramsha, Pt. Raidhu. Jhansi Maharani Laxmibai Samadhi Sthan Rani Lakshmibai Memorial is in the Pada area of the city. It is said that here the army of Jhansi's queen Veerangana Maharani Lakshmi Bai camped while fighting the British and sought help from the then ruler of this place, Maharaja Jayajirao Shinde alias Scindia, but the rulers of this place, which were always under the dominance of the Mughals and the British, could not help them and She attained martyrdom here on June 17, 1858, at sunset in Phulbagh of Sarai in Kota. Queen Lakshmibai was cremated secretly in the monastery of Baba Gangadas Maharaj. To avoid any expense in his funeral, 745 Sadhus fought against the British and became immortal forever. There is a monument of his grand horse-drawn effigy at the same place. Saas Bahu Temple The real name of Saas Bahu Temple located in Gwalior is Sahastrabahu Temple based on Lord Vishnu. However, over time, due to wrong pronunciation, this temple has come to be called Saas Bahu Temple. The name of this temple built in the 9th century is included among the famous tourist places of Gwalior. At the same time, Sahastrabahu Temple is one of the favorite places of tourists due to its magnificent carvings. This temple was built during the reign of King Mahipala of the Kachchhapaghata Dynasty, who prayed to Lord Brahma for a prosperous and successful kingdom. Sun Temple The Sun Temple here, included among the tourist places of Gwalior, is dedicated to Lord Sun. Surya Mandir is one of the most magnificent temples of Gwalior and at the same time, this temple has magnificent architecture which is astonishing. The Sun Temple was constructed during the year 1988 by a famous industrialist GD Birla. There is a long queue of tourists coming to the Sun Temple throughout the year. (PC: Lifeberrys)

Kalam Times 9 May 2024 3:49 pm

slice Ropes In Former Kotak Executive Arvind Kathpalia As Chief Risk Advisor

Fintech unicorn slice has roped in Kotak Mahindra Banks group president and chief risk officer Arvind Kathpalia as its chief

inc42 9 May 2024 3:15 pm

Happy Birthday, Sai Pallavi: Unveiling the Power Behind Her Groundbreaking Roles

Celebrating Sai Pallavi: A Beacon of Natural Talent and Versatility Sai Pallavi, born on May 9, 1992, in the scenic landscapes of Kotagiri, Tamil Nadu, is a name synonymous with natural acting and graceful dance moves in the South Indian film industry. With a degree in medicine from Tbilisi State Medical University, she blends her ...

Suspense Crime 9 May 2024 1:15 pm

I Have Rs 8,000, Will Be Gone For 5 Years: Kota Student, 19, Goes Missing

With Rs 8,000 in his possession, and a promise to call once a year, a 19-year-old student in Rajasthan's Kota wrote to his parents that he was leaving home for five years.

NDTV 9 May 2024 12:26 pm

Hero MotoCorp shares surge 6% after Q4 results. Should you buy, sell or hold?

Hero MotoCorp shares surged 6% after Q4 results, with net profit up 18% to Rs 1,016.05 crore. Brokerages remained positive: Jefferies expects double-digit industry revenue growth, maintains 'buy'; BofA sees potential in Hero 2.0 strategy, sets target price of Rs 5,400; Kotak retains 'sell' rating.

The Economic Times 9 May 2024 11:03 am

L&T shares fall 6% as brokerages cut target prices after Q4 results. Should you buy or sell?

Brokerage firm CLSA reduced its target price to Rs 4,151 but maintained a buy call on the Nifty stock, Motilal Oswal reduced it to Rs 4,000 while Kotak Institutional Equities gave a sell call with a target price of Rs 3,000.

The Economic Times 9 May 2024 10:08 am

Max Financial and GMR Airport among 10 companies with highest promoter pledged holdings

Top 10 companies that stand at highest pledged holdings by promoters as a percentage of their holding, compiled by Kotak Equities.

The Economic Times 9 May 2024 9:56 am

Tamil Nadu: Lok Sabha election blamed for semester exams in peak summer

TIRUCHY/PUDUKKOTTAI: The Lok Sabha election appears to have played spoilsport for students of several arts and science colleges in Tiruchy and Pudukkottai districts as their semester exams, which usually end by April, have been pushed into May, forcing them to take them up during peak summer. Authorities blamed the delay in announcement of dates for the general election for the consequent delay in conducting exams. Bharathidasan University (BDU) Registrar R Kalidasan told TNIE, Some aided autonomous colleges have finished conducting the examination. Due to the election, semester exams in non-autonomous colleges, including government institutions, and a few autonomous ones under BDU are delayed as some colleges were designated polling stations. The semester exams are hence under way in some autonomous and government colleges under BDU. Students, however, complain it burdensome having to attend the exams in the extreme heat conditions. It takes over two hours for me to reach Tiruchy by bus from my native of Alangudi in Pudukkottai. Even though I feel drained I have no option but to appear for the exams, said a final year PG student at Thanthai Periyar Government Arts and Science College in Tiruchy. When enquired, the principal of a government arts and science college in Srirangam said, We are aware of the hardships students and teachers alike have to go through in the heatwave. There is no option other than to conduct the examinations this month amidst the heat. We would have finished the semester by April itself. But uncertainty in the election date hindered our decision. Meanwhile, a few autonomous institutions like HH The Rajahs College in Pudukkotai are yet to commence conduct of semester exams. At the college, the exam is scheduled for May 10-30 for UG students while it will be held during May 11-23 for PG students. S Janarthanan, SFI district secretary of Pudukkottai, blamed the higher education department for the poor planning. Despite being aware of the heatwave-like conditions, the department did not care for the welfare of students. In the event of heavy rain, the authorities, however, defer exams. Be it a heatwave or rain, the only way to tackle is to plan the academic year ahead and finish it early, remarked Association of University Teachers former president K Pandiyan.

The New Indian Express 9 May 2024 7:44 am

Kotak Mahindra Bank To Hire 400 Engineers To Ramp Up Tech Transition

Kotak Mahindra Bank Ltd. plans to hire around 400 engineers this year as it races to upgrade its technology systems after coming under the regulators scrutiny for lapses.

Bloomberg Quint 9 May 2024 7:24 am

FACTBOX-Key dates in the US presidential race

FACTBOX-Key dates in the US presidential race President Joe Biden, a Democrat, and Republican former President Donald Trump will face each other in the 2024 presidential election in what is expected to be a divisive and closely fought contest. Here is a timeline of events related to the Nov. 5 election between now and Inauguration Day in January 2025. 2024 - May 14: Maryland, Nebraska and West Virginia hold their primaries. - May 21: Republicans and Democrats vote in Kentucky and Oregon primaries. - May 23: Democrats vote in Idaho caucuses. - June 4: Democrats and Republicans vote in their primaries in Montana, New Jersey, New Mexico and South Dakota. Democrats also vote in the District of Columbia. - June 8: Guam and U.S. Virgin Islands hold Democratic nominating contests. - July 15-18: Republican National Convention in Milwaukee, Wisconsin, where the party formally chooses its candidate. - Aug. 19-22: Democratic National Convention in Chicago, where the party formally chooses its candidate. - Sept. 16: The date set by the Commission on Presidential Debates for the first presidential debate to take place. It is to be held at Texas State University in San Marcos, Texas. - Sept. 25: The date set for the only vice presidential debate, to be held at Lafayette College in Easton, Pennsylvania. - Oct. 1: The date set for the second presidential debate, to be held at Virginia State University in Petersburg, Virginia. - Oct. 9: The date set for the third and final presidential debate, to be held at the University of Utah in Salt Lake City. - Nov. 5: Election Day - Later in November: It could take days for the election result to be known, especially if it is close and mail-in ballots are a factor. 2025 - Jan. 6: The vice president presides over the Electoral College vote count at a joint session of Congress, announces the results and declares who has been elected. Ahead of the count on Jan. 6, 2021, then-President Trump lambasted his vice president, Mike Pence, for refusing to try to prevent Congress from certifying Biden's win. On that day, the U.S. Capitol was attacked by rioters, and some people chanted, hang Mike Pence as they tried to stop the count. Both chambers of Congress later resumed their work and certified Biden's win. Congress has since passed the Electoral Count Reform and Presidential Transition Improvement Act of 2022, which requires approval of one-fifth of the House and Senate to consider a challenge to a state's results a much higher bar than existed before, when any single lawmaker from each chamber could trigger a challenge. - Jan. 20: The inauguration of the election winner and their vice president takes place. At this ceremony, the victor and their vice president are officially sworn in and take office.

devdiscourse 9 May 2024 5:58 am

Man killed in attack over enmity in Kota

The Times of India 9 May 2024 4:53 am

Travel tips: At these places in the world gravity becomes ineffective, things start flying in the air

Newton had given the theory of gravity according to which if we throw any object upwards, that object automatically falls downwards due to gravity. But there are many places on this earth where the law of gravity also seems to fail. Yes, these places remain a mystery as to how a place can be without gravity, while the force of gravity works on all the places around it. These places are called zero gravity zones where you can even see things floating in the air. So let us know about those places which are no less than a miracle. Reverse Waterfall, India There is a magical waterfall at a place called Kawalshet Point in Konkan, Maharashtra. Which is known as reverse waterfall. Often you might have seen water falling from a waterfall, but you will be surprised to know that due to zero gravity here, the water from the waterfall keeps flying upwards and not downwards. People believe that this happens because there is no gravity here. However, some scientists believe that this is happening due to high air pressure. St. Ignace Mystery Space, Michigan According to a survey conducted in 1950, no machinery or object works properly within a radius of 300 meters of this place. This mystery remains in the mind of every tourist coming here how all the things start working properly only after leaving the radius of 300 meters. Mystery Spot, Santa Cruz California This place is known as 'Mystery Spot', which is in Santa Cruz, California, USA. This place was discovered in the year 1939. Then the researchers felt as if some mysterious force was hidden at this place, but when it was investigated deeply, it was found that the force of gravity does not work in a circular area of 150 square feet. Here water flows from bottom to top. Also, if a person wishes, he can stand at any angle here without falling. This place is amazing. Magnetic Hill, India It is a short stretch of road located about 30 km from Leh to Kargil and is known as the Magnetic Hill of Ladakh. Srinagar-Leh Highway At this particular section, you will see the road rising upwards. Yet if you switch off the engine and keep your vehicle neutral, it will start moving slowly and can go up to a speed of 20 kilometers per hour. This means that even at this place your car starts going up the hill even if it is in neutral or stopped. Mount Argtas, Trkiye Mount Argtas, located about 30 kilometers from the Turkish border, is also a popular tourist destination. If you switch off the car engine here or put the car in neutral, the car automatically starts moving towards the height. Let us tell you, even the rivers here do not flow according to gravity. Mount Aragatus is a place where gravitational force stops working. Hoover dam, USA The 221.4 meter-high Hoover Dam located in Eastern America is a favorite place attraction for tourists. If you also go to this place then you can also feel the power of this place. When you reach there open your water bottle and throw the water in the air, the water goes upwards instead of downwards. Not only this, if any light object is thrown instead of water, the same thing happens. However, strong airflow is believed to be the reason behind this. Cosmos Mystery Area, Rapid City This mysterious place located in South Dakota, America is known as Cosmos Mystery Spot. The world is completely different in this place. Strange types of trees are seen here, which are strangely inclined towards one side. Here, if you wish, you can stand on only one leg without falling. By coming to this place you will feel as if your weight has completely reduced. Spook Hill, Florida Spook Hill is also called Gravity Hill, it is said that the cars here automatically get pulled towards the mountains. Let us tell you, that Spook is located on Lake Wales Ridge, Florida. Here, when people park their car in neutral on the road, it automatically starts moving towards the hill. (PC: Lifeberrys)

Kalam Times 8 May 2024 8:08 pm

Chris Evans, Dakota Johnson begin filming for 'Materialists'

Chris Evans Dakota Johnson begin filming for Materialists

India Today 8 May 2024 7:15 pm

Aadhar Housing Finance IPO receives tepid response, subscribed 43% on Day 1

Aadhar Housing Finance IPO receives tepid response, subscribed 43% on Day 1 The Initial Public Offer (IPO) of Aadhar Housing Finance, which is backed by private equity major Blackstone, received 43 per cent subscription on the first day of bidding on Wednesday. The Rs 3,000 crore IPO got bids for 3,04,53,979 shares against 7,00,89,373 shares on offer, as per NSE data. The quota for non-institutional investors received 60 per cent subscription while Retail Individual Investors (RIIs) category got subscribed 41 per cent. The portion for Qualified Institutional Buyers (QIBs) fetched 33 per cent subscription. The IPO of Aadhar Housing Finance is a combination of a fresh issue of equity shares worth Rs 1,000 crore and an OFS (Offer for Sale) of Rs 2,000 crore by promoter BCP Topco VII Pte Ltd, an affiliate of Blackstone Group Inc. Currently, BCP Topco holds a 98.72 per cent stake in Aadhar Housing Finance. The IPO is in a price range of Rs 300-315 a share. Aadhar Housing Finance Ltd on Tuesday said it has mobilised Rs 898 crore from anchor investors. The company plans to utilise Rs 750 crore of the fresh issue proceeds to meet future capital requirements towards onward lending, while a portion will be used for general corporate purposes. Aadhar Housing Finance offers a range of mortgage-related loan products, including loans for residential property purchase and construction; home improvement and extension loans; and loans for commercial property construction and acquisition. The housing finance company is focused on the low-income housing segment, serving economically weaker and low-to-middle-income customers, who require small-ticket mortgage loans. It has a network of 471 branches, including 91 sales offices, as of September 30, 2023. The company benefits from the resources, relationships and expertise of Blackstone, one of the world's leading investment firms. ICICI Securities, Citigroup Global Markets India, Kotak Mahindra Capital Company, Nomura Financial Advisory and Securities (India) and SBI Capital Markets are the managers to the offer.

devdiscourse 8 May 2024 6:30 pm

Market setting up for an election rally: Rohit Srivastava

Srivastava notes market stability as potential start of election rally with low VIX indicating low market expectations. Anticipates positive market movement post-election outcome, highlighting potential opportunities in private banks like Kotak Bank amid market consolidation.

The Economic Times 8 May 2024 3:21 pm

Promoter Pledged Holdings In BSE 500 Stocks Slip: Kotak Institutional Equities

Promoters of 73 companies in the BSE 500 Index have pledged part of their holdings in the March 2024 quarter.

Bloomberg Quint 8 May 2024 2:49 pm

Kotak Mahindra Bank plans to hire 400 engineers to ramp up tech transition

The lender, backed by billionaire Uday Kotak, has already brought on board more than 500 engineers from scratch over the last two years, according to Milind Nagnur, the banks chief technology officer. It has pulled them from firms like Google and Amazon.com Inc. as well as from Paytm and PhonePe Pvt., Nagnur said in an interview.

The Economic Times 8 May 2024 2:22 pm

Odisha's richest Lok Sabha election candidate owns 59 mutual fund schemes

Santrupt Misra, a BJD candidate for the Cuttack Lok Sabha Seat, declared investments in 59 mutual fund schemes. Notably, he holds significant stakes in various funds, including those from Aditya Birla, Axis, Bandhan, HDFC, ICICI Prudential, SBI, Kotak, Mirae Asset, and Bharat Bond ETFs.

The Economic Times 8 May 2024 2:07 pm

Heavy rains, gales lash several parts of Andhra Pradesh

VIJAYAWADA: Heavy rains lashed the Godavari delta region and other parts of coastal Andhra Pradesh, bringing much-needed relief from the scorching summer. The temperature had been soaring above 45 degrees Celsius at a few places over the past couple of weeks, and Tuesdays rains brought down the heat levels. The highest rainfall of 12.45 cm was recorded at Vemagiri in East Godavari district, followed by 12.05 cm in Mandapeta of Konaseema district, 9.2 cm in Rajamahendravaram city, and 7.3 cm in Nuzvid of Eluru district. There were unconfirmed reports of two deaths across the State due to lightning strikes. In Rajamahendravaram, low-lying areas were waterlogged due to rainwater overflowing on the roads, causing traffic jams in different parts of the city. Vehicular traffic was affected at Kambala tank, railway station road, Ademma Dibba, Innispet, Kotagummam, Tummalava, Syamala Center, Sitammapet, and Aryapram areas. In Kakinada and Amalapuram districts, the heavy downpour, which lasted for around 30 minutes, brought much-needed relief from the sweltering heat. But at the same time, it brought agony to orchard farmers, particularly mango and cashew nut growers, as heavy gale winds resulted in fruit drops at several places. The same was the case in Nuzvid of Eluru district, where mango farmers suffered due to unseasonal heavy rains. In Kakinada, when a bolt of lightning struck an apartment, people had a narrow escape. However, several household utensils were rendered useless. A similar situation prevailed across the NTR and Krishna districts. In Vijayawada, it was overcast sky conditions most of the day, and in the evening, there were brief bouts of drizzle in the city and a brief spell of heavy rains on the city outskirts. Rainfall brought much-needed relief from the scorching heat in the north coastal districts on Tuesday. Thunderstorms, accompanied by lightning, affected several parts of Visakhapatnam, Anakapalle, Srikakulam, Vizianagaram, and Alluri Sitarama Raju districts since Monday night. Rainfall and gusty winds were observed in many areas of Visakhapatnam and its outskirts on Tuesday morning, providing respite from the heat. The mild climate persisted throughout the day, while trees were uprooted in some areas in Butchayyapeta of Anakapalli district. Meanwhile, the India Meteorological Department (IMD) forecasted heavy rainfall at isolated places across the State and thunderstorms accompanied by lightning and gusty winds of 40-50 Kmph likely at isolated places across the State on Wednesday. Thunderstorm activity in isolated places across the state is also likely for the subsequent three days. The Andhra Pradesh State Disaster Management Authority (APSDMA), in its daily report, stated that 12 mandals reported heatwave conditions on Tuesday, and one mandal is likely to experience a heatwave on Wednesday. Laddagiri of Kurnool district recorded the highest daytime temperature of 43.4 degrees Celsius, followed by Yendrapalle in Prakasam district with 43.2 degrees Celsius. Thunderstorm activity in parts of State in next 3 days The India Meteorological Department (IMD) forecasted heavy rainfall at isolated places across the State and thunderstorms accompanied by lightning and gusty winds of 40-50 Kmph likely at isolated places across the State on Wednesday. Thunderstorm activity in isolated places across the state is also likely for the subsequent three days

The New Indian Express 8 May 2024 11:06 am

Womens panel chief to file complaint against Chandrababu Naidu

VIJAYAWADA: The State Election Commissions excessive control over the Womens Commission based on the MCC is alarming after I have intend to file a complaint with both the ECI and the National Womens Commission regarding the situation in our State, said Womens Commission Chairperson Gajjala Venkata Lakshmi. Womens organisations and YSRC leaders filed a complaint with the chairperson on Tuesday, demanding action against TDP chief Chandrababu Naidu. They stated in their complaint that Naidu insulted women during a recent public meeting held in Anakapalli. Among those who filed the complaint were women leader Kota Samrajyam, G Venkatalakshmi, Enugula Durgabhavani, Selvam Durga, YSRC Doctor Cell President Ambanti Naga Radha Krishna and others. Speaking on the occasion, Chairperson Gajjala Venkata Lakshmi remarked, Its unfortunate that the Commission was unable to pursue action against the attacks against women on suo moto due to the constraints imposed by the EC, she said. She lamented that in two different cases, TD activist Reddy Nagaraju from Eluru, a rowdy-sheeter, Gummadi Kiran, from Kankipadu of Krishna district harassed women and pointed out that the lack of seriousness of the authorities in adhering to the Commissions directives under the guise of the Election Code. After filing the complaint, speaking to TNIE, Dr Ambati Naga Radhakrishna Yadav, Chairman of YSRC- NTR District Doctors Wing, claimed that Naidu is resorting to obscene language against CM YS Jagan Mohan Reddy and his family out of frustration over impending election losses in Kuppam and Mangalagiri. He alleged that Naidus behaviour seems to be mental degradation, akin to his brother Ram Murthy Naidus in old age. He urged strict action against TDP supremos remarks.

The New Indian Express 8 May 2024 11:03 am

JSW Energy shares jumped 6% today; JM says Buy stock, Kotak sees 56% downside!

JSW Energy continues to focus on an aggressive growth path, with investments in new thermal and renewable assets, as well as storage solutions, said Kotak Institutional Equities.

Business Today 8 May 2024 9:57 am

Teachers, students in Kota barred from using mobile phones during school hours

Following the instructions of the state Education Minister, a reminder letter has been issued for its strict implementation

Mid Day 8 May 2024 9:17 am

Gobardhanpur Villagers protest lifting of sand from Paika river bed

JAGATSINGHPUR: Irate villagers of Gobardhanpur under Kujang tehsil on Tuesday staged protest opposing lifting of sand from Paika river bed. The agitators said the administration has auctioned sand quarry over hundreds of acre of land on Paika river bed in Kathkota panchayat. However, nearly 25 acre of the sand quarry is private land, which was illegally auctioned. Sources said on Monday night, the quarry contractor tried to lift sand from the river bed. However, hundreds of villagers reached the quarry and opposed lifting of sand, forcing the tractor drivers and the contractor to flee the spot. Sasadhar Das, an agitator, said he owns a patch of land that has been illegally leased out to the quarry contractor. I used to grow vegetable crops on the land. But with the administration leasing out quarry, I wont be able to cultivate my land anymore. Similarly, another agitator Hari Sethi said sand mining will have an adverse impact on the environment. If the sand is removed, there could be breaches in the river bank, leading to floods in villages. The agitators accused the local sarpanch of being hand in glove with the sand mafia. However, Kathkota sarpanch Jyostnamayee Pattanaik claimed she had no role in the sand quarry auction. On being informed about the villagers protest, mining officials reached the disputed quarry and assured the agitators to discuss the matter with the district administration. They also directed to stop lifting of land from Paika river bed. Subsequently, the villagers called off their protest in the afternoon.

The New Indian Express 8 May 2024 9:00 am

Child kidnapped from Kota rly stn

The Times of India 8 May 2024 4:50 am

Recreational marijuana backers try to overcome rocky history in South Dakota

Advocates for legalizing recreational marijuana in South Dakota have submitted petitions to get the issue once again on the November ballot

ABC News 8 May 2024 4:40 am

Retired IAS officer P.V. Rameshs plea for mutation of land rejected for want of documents, say authorities

The authorities release the communication that occurred between the retired IAS officer and Tahsildar office concerned over mutation of 11.4 acres of land at Vinnakota Village

The Hindu 8 May 2024 12:31 am

TBO Tek Rakes in Rs 696 Crore from Anchor Investors Ahead of IPO Launch

TBO Tek Rakes in Rs 696 Crore from Anchor Investors Ahead of IPO Launch Travel distribution firm TBO Tek on Tuesday said it has collected a little over Rs 696 crore from anchor investors ahead of its initial public offering (IPO). The company has allotted 75.7 lakh equity shares to 47 funds at Rs 920 apiece, aggregating the transaction size to Rs 696.5 crore, according to a circular uploaded on BSE's website. Key investors include Abu Dhabi Investment Authority, Government Pension Fund Global (Norges), ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund, Neuberger Berman, Nomura, SBI Mutual Fund, Blackrock Global Fund, Eastspring Investments, Fidelity Funds and Goldman Sachs. The issue, with a price band of Rs 875 to Rs 920 per share, will open for public subscription on May 8 and conclude on May 10. TBO Tek's Rs 1,551-crore maiden public issue is a mix of a fresh issue of equity shares aggregating up to Rs 400 crore and an OFS of up to 1.25 crore equity shares worth Rs 1,151 crore by promoters and investors. Those selling shares in the OFS are promoters -- Gaurav Bhatnagar, Manish Dhingra and LAP Travel -- and investors-- TBO Korea and Augusta TBO. Proceeds from the fresh issue will be used for the growth and strengthening of the platform by adding new buyers and suppliers, and unidentified inorganic acquisitions, besides, a portion will be used for general corporate purposes. TBO Tek is a leading travel distribution platform in the global travel and tourism industry providing services to buyers and suppliers in over 100 countries as of June 30, 2023. The company offers over 7,500 destinations and facilitates 33,000 bookings per day through their platform. In October 2023, investment firm General Atlantic announced that it would acquire a minority stake in TBO. Axis Capital Ltd, Goldman Sachs (India) Securities Private Ltd, Jefferies India Private Ltd and JM Financial Ltd are the book-running lead managers of the issue. The equity shares will be listed on the BSE and NSE.

devdiscourse 7 May 2024 10:10 pm

Ahead of IPO, Aadhar Housing Finance Mobilizes Rs 898 Crore from Anchor Investors

Ahead of IPO, Aadhar Housing Finance Mobilizes Rs 898 Crore from Anchor Investors Aadhar Housing Finance Ltd, which is backed by private equity major Blackstone, on Tuesday said it has mobilised Rs 898 crore from anchor investors, a day before the launch of its initial public offering (IPO). The company has decided to allot 2.85 crore equity shares to 61 funds at Rs 315 apiece, which is also the upper end of the price band, according to a circular uploaded on BSE's website. At this price, the company has garnered Rs 897.98 crore, it added. Morgan Stanley Asia (Singapore) Pte Ltd, Amundi Funds, Neuberger Berman Emerging Markets Equity Fund, Theleme India Master Fund, SBI Life Insurance Company, ICICI Prudential Life Insurance Company, HDFC Mutual Fund (MF), ICICI Prudential MF, Axis MF and Quant MF are among the anchor investors. The issue, with a price band of Rs 300 to Rs 315 a share will be open for public subscription during May 8-10. The Rs 3,000-crore IPO of Aadhar Housing Finance is a combination of a fresh issue of equity shares worth Rs 1,000 crore and an OFS (offer for sale) of Rs 2,000 crore by promoter BCP Topco VII Pte Ltd, an affiliate of Blackstone Group Inc. Currently, BCP Topco holds a 98.72 per cent stake in Aadhar Housing Finance. The company plans to utilise Rs 750 crore of the fresh issue proceeds to meet future capital requirements towards onward lending, while a portion will be used for general corporate purposes. Half of the issue size has been reserved for qualified institutional buyers (QIBs), 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors. Aadhar Housing Finance offers a range of mortgage-related loan products, including loans for residential property purchase and construction; home improvement and extension loans; and loans for commercial property construction and acquisition. The housing finance company is focused on the low-income housing segment, serving economically weaker and low-to-middle-income customers, who require small-ticket mortgage loans. It has a network of 471 branches, including 91 sales offices, as of September 30, 2023. The company benefits from the resources, relationships and expertise of Blackstone, one of the world's leading investment firms. ICICI Securities, Citigroup Global Markets India Pvt Ltd, Kotak Mahindra Capital Company Ltd, Nomura Financial Advisory and Securities (India) Pvt Ltd and SBI Capital Markets are the book-running lead managers to the issue.

devdiscourse 7 May 2024 10:08 pm

Patna emerges as India's most flood-prone city, reveals recent study

Patna emerges as India's most flood-prone city, reveals recent study Patna experiences the worst floods in India, followed by West Bengal's Murshidabad and Maharashtra's Thane, according to a district-level flood severity index (DFSI) developed by researchers at IIT-Delhi and IIT-Roorkee. The index takes into account the historical severity of floods based on the number of affected people, the spread and duration of floods. The researchers said the top 10 districts where flood severity is the highest are: Patna, Murshidabad, Thane, North 24 Parganas (West Bengal), Guntur (Andhra Pradesh), Nagpur (Maharashtra), Gorakhpur (Uttar Pradesh), Ballia (Uttar Pradesh), East Champaran (Bihar), and East Medinipur (West Bengal). These are followed by Muzaffarnagar (Bihar), Lakhimpur (Assam), Kota (Rajasthan), Aurangabad (Maharashtra), Malda (West Bengal), Rajkot (Gujarat), Prayagraj (Uttar Pradesh), Aurangabad (Bihar), Bahraich (Uttar Pradesh), Ahmedabad (Gujarat), Jalpaiguri (West Bengal), Darjeeling (West Bengal), Dibrugarh (Assam), Azamgarh (Uttar Pradesh), Chamoli (Uttarakhand), West Champaran (Bihar), Amravati (Maharashtra), Medinipur West (West Bengal), and Samastipur (Bihar). Though Chamoli in Uttarakhand does not face recurrent floods, it appears on this list because of a few isolated highly damaging flood events. Among the 30 districts facing the highest risk of floods, 17 are in the Ganga basin and three are in the Brahmaputra basin. Among all the Indian river basins, the Ganga basin has the highest population, and its high flood proneness is worrisome, said the researchers, including Manabendra Saharia, an assistant professor at IIT-Delhi. Assam experiences the highest number of floods in India, having faced more than 800 flood events over 56 years. The other flood-prone states, in descending order of flood events, include Kerala, Karnataka, Uttar Pradesh, and Maharashtra. Data from 1967 to 2023 shows that Thiruvananthapuram has experienced more than 231 floods or more than four events per year on average. Five districts -- Thiruvananthapuram, Lakhimpur, Dhemaji, Kamrup, and Nagaon -- have been categorised as ''severely flood-prone,'' having recorded more than 178 floods, or more than three events per year on average. The researchers said localised intense rainfall events are likely to rise in the future due to climate change, and therefore, more flash floods are expected. Under the warming climate, the frequency of cyclones will increase, and coastal and nearby inland areas will face more instances of intense rainfall and floods. It is also likely that areas that are not currently flood-prone may begin to see flooding. The researchers said human fatality due to floods is nearly stable or has come down in recent times due to better management despite an increase in the population in India. The number of deaths is around 1,000 per year since 2015, the data showed.

devdiscourse 7 May 2024 7:30 pm

Biden's dog should be shot too, suggests South Dakota Governor

Bidens dog should be shot too suggests South Dakota Governor

India Today 7 May 2024 7:23 pm

Q4 earnings review: BFSI, auto lead YoY PAT beat for Nifty companies; IT, consumption top drags

Dalal Street's Q1 earnings season sees Nifty constituents with 24% YoY profit growth, varying estimates from brokerages: ICICI Securities reports 44%, Kotak Institutional Equities 14%, and Motilal Oswal 13%.

The Economic Times 7 May 2024 2:08 pm

Legal Proceedings In Phone Tapping Case Says City Police Chief

Legal proceedings in the phone-tapping case are inevitable. Police officers and political leaders are equal under the law, said city police chief Kothakota Sreenivasa Reddy on Monday. He said the special investigation team probing into phone-tapping cases had retrieved the entire data destroyed by former SIB official D. Praneeth Rao and his team. All details will be disclosed on the right time, Sreenivasa Reddy said. He confirmed that a red corner notice had been issued for former SIB chief T. Prabhakar Rao.

Deccan Chronicle 7 May 2024 1:33 pm

Shift some money from capital goods & PSU bank stocks to FMCG, IT; top 9 bets: Sanjiv Bhasin

Sanjiv Bhasin suggests focusing on Marico, Nestle, Hindustan Lever as top FMCG picks, adding Godrej Consumer. Largecap private banks like HDFC, ICICI, Kotak, Axis, IndusInd are recommended amidst various market dynamics and sector-specific opportunities. Bhasin says the wealth effect means real estate is the real play. Along with that, FMCG and IT will now be more defensive with pharma as a constituent for the index till the results.

The Economic Times 7 May 2024 11:33 am

Ex-IAS officer says hes victim of Land Titling Act

VIJAYAWADA: Former IAS officer Dr PV Ramesh claimed that he became a victim of the Andhra Pradesh Land Titling Act as the revenue officials refused to mutate the land inherited from his father to his name. Ramesh took to the social media platform X on Monday and posted that he became a victim of the Act which is yet to come into force and expressed his concern that how come farmers and poor people can render justice as revenue officials rejected his application without opening it. Ramesh post read, I am a direct victim of the #AndhraPradesh #LandTitlingAct. The revenue authorities refused to mutate the patta lands of my deceased parents in Vinnakota village of Krishna district. Tahsildar rejected my application. Documents sent by RDO post were returned unopened. I am being denied rights to my parents lands before the Act came into force. If this is the condition of an officer who has served Andhra Pradesh for 36 years as an IAS officer, the plight of common farmers cannot be imagined. Condemning his claims, the revenue officials issued a press release in which they explained that lands which are being claimed by Ramesh are in joint cultivation with other aqua farmers and he failed to appear for the survey of the lands constituted by Krishna district Collector. PV Ramesh failed to submit the link documents of 11 acres of land which is being claimed to be inherited from his father. During the ground level inspection, it is found that 3.29 acres of assigned lands and 0.29 acres of Poramboke land is merged with the fish tank (claiming to be Rameshs property). It is imperative to identify and divide the lands before mutation, the revenue officials release said.

The New Indian Express 7 May 2024 11:18 am

Two cyber investment rackets cheating people of Rs 1.64 crore busted

HYDERABAD: In two separate cases, the Hyderabad police arrested seven people on Monday for allegedly duping city residents of at least Rs 1.11 crore via cyber investment fraud. Apart from these two cases, the accused were booked in 19 similar fraud cases in Telangana, through which they amassed a sum of Rs 1.64 crore. In the first case, the four accused lied to the victim for recruitment in a trading company, then lured him into purchasing the IPO stocks and holding them for 30 days to earn good returns, Commissioner Kothakota Sreenivasa Reddy said while addressing the media. Of the four, one was an ex-employee of a prominent private bank and used to help the accomplices open fake current bank accounts in different banks through known officials. The accused then sold these bank accounts on commission based on the transactions carried out in those accounts to the prime accused, who absconded abroad. The police said, initially, the cyber fraudsters used to give small profit amounts to gain the trust of the victims, after which they would insist on investing huge sums. Once done, they would stop responding to them. While the amount was initially transferred into a single bank account, upon analysing it, the cops came across 24 more fake Shell Company bank accounts, for a total of Rs 22.24 crore. A total of 171 cases were registered against the four accused - two from Rajasthan and one each from Bihar and Delhi - with 11 alone in Telangana, where they have amassed Rs 1.43 crore from the victims so far. The cops have registered a case under IPC U/s 66(C),(D) IT Act & Sec 419 and 420. Similarly, in the second cyber investment fraud case, the police arrested three people for cheating a person for Rs 3,45,570. The accused were booked in 10 similar cases previously in Telangana and 92 cases nationwide.

The New Indian Express 7 May 2024 10:46 am

Deepak Shenoy wants to buy LIC & BSE on further fall. Heres why

Deepak Shenoy highlights market volatility driven by global dynamics and regulatory issues. He discusses the potential impacts of RBI norms on power financiers and analyzes Kotak Bank's income challenges post-RBI ban, emphasizing the importance of cautious optimism amidst uncertainties.

The Economic Times 7 May 2024 9:22 am

Signatures submitted for 'top two' primary election in Republican-dominant South Dakota

Supporters of a top two primary election system in South Dakota submitted petitions with 47,000 signatures on Monday to put their measure on the November ballot

ABC News 7 May 2024 2:24 am

Eight Investment Fraudsters Arrested In City

Hyderabad: The city cybercrime police arrested eight investment fraudsters on Monday, in two different cases, and seized cheque books, debit cards, shell company stamps and other items.In the first case, police arrested Rajasthans Krishna Dhaka, an MBBS student,andDrManoj Kumar, and Delhis Ashutosh Raj and Munish Bansal.The medicoscreatedcurrent accounts in banks on fake KYC andallowedfraudsters in Dubaito use it, while Ashutosh and Munish, ex-bank employees,helped themgeneratethe accounts. The cybercrime officials arrested them based on a complaint received by a victim in Hyderabad, who was approached by the fraudsters on WhatsAppwith investment advice. The victiminvested `1.08 crore.Hyderabad police commissioner Kothakota Sreenivasa Reddy saidfollowing investigation,they hadidentified 24 shell company bank accounts, through which `22.24 crore was siphoned off. He said that 171 cases are registered on the bank accounts, across the country, with 11 of the registered in Telanganastate.In another case, police arrested four investment fraudsters, Mangilal Godara, Bajan Godara, Kamlesh Kumar and Prakash Chand, all scrap dealersfrom Rahasthanresiding in Kompallys Suchitra. They lured aHyderabad victimtoinvest `3.45 lakh throughaplatform, and filched the money.Police saidanother victim complained with the cybercrime police that hewasdefrauded of `13.65 lakh. Police said the gang created bank accounts with fake papers and sold them toKamlesh Fulanwala who is currently absconding, for `1 lakh and a 10 per cent commission on each transaction.Sreenivasa Reddy said that 52 shell companies were registered on one bank account. Around `16 crore was defrauded.Police seized 25 cheque books, 24 debit cards, 12 mobile phones, six shell company stamps, one laptop and 141 grams of gold jewellery from the criminals. ReplyForward Add reaction

Deccan Chronicle 6 May 2024 9:11 pm

IT stocks' valuation palatable, says Kotak Equities. Check top 4 picks

Infosys, TCS and HCL Tech remain top picks of brokerage firm Kotak Institutional Equities followed by Cyient in the mid-tier segment amid an extended outlook for weak demand and macro uncertainty in the IT sector.

The Economic Times 6 May 2024 7:56 pm

Kotak Bank Pulls A 'Houdini' On The Charts, Says Analyst

While the worst is over for the bank, the medium-term outlook remains uncertain.

Bloomberg Quint 6 May 2024 5:58 pm

Gainers & Losers: Kotak, Godrej Properties among 7 stocks in spotlight on Monday

For more such web stories click on the ET icon below

The Economic Times 6 May 2024 4:43 pm

Smriti Iranis Rs 88 lakh mutual fund portfolio has these 7 schemes

Smriti Irani had invested in around seven mutual fund schemes at the end of March 2024. She had two midcap funds in her portfolio. The total market value of Irani's investments in SBI Magnum Midcap Fund and Kotak Emerging Equity Fund was recorded at Rs 23.29 lakh and 14.88 lakh, respectively as of March 31.

The Economic Times 6 May 2024 4:34 pm

Kotak Mahindra Bank Shares Surge 5% Post Stellar Q4 Performance

Kotak Mahindra Bank Shares Surge 5% Post Stellar Q4 Performance Shares of Kotak Mahindra Bank on Monday rallied 5 per cent after the company reported a 25 per cent growth in its March quarter net profit. The stock climbed 5.01 per cent to settle at Rs 1,624.75 on the BSE. During the day, it soared 5.54 per cent to Rs 1,633. It emerged as the biggest gainer among the BSE Sensex firms. On the NSE, the stock jumped 5 per cent to Rs 1,624.40. The company's market capitalisation (mcap) climbed Rs 15,406.39 crore to Rs 3,22,987.45 crore. In traded volume terms, 11.27 lakh shares of the company were traded at the BSE and 216.08 lakh shares at the NSE during the day. Kotak Mahindra Bank on Saturday reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. On a standalone basis, the lender's Q4 net profit grew 18 per cent to Rs 4,133 crore. The FY24 consolidated net profit grew 22 per cent to Rs 18,213 crore. For the reporting quarter, its core net interest income increased 13 per cent to Rs 6,909 crore on the back of a 20 per cent loan growth and a narrowing of the net interest margin to 5.28 per cent.

devdiscourse 6 May 2024 4:29 pm

D-Street ends volatile trade on a muted note as gains in IT offset by selloff in PSBs

Among the constituents of the Sensex, Kotak Bank, TCS, HUL, M&M, and Sun Pharma finished in positive territory, whereas Titan, SBI, NTPC, Power Grid, and Bajaj Finance closed with losses.

The Economic Times 6 May 2024 3:49 pm

Kotak Bank shares surge 5% as Q4 net profit rises 22% on robust loan growth

Kotak Mahindra Bank saw its share prices jump nearly 5% on Monday after reporting better-than-expected results for the fourth quarter of the fiscal year. The leading private sector lender's consolidated net profit climbed 22% to Rs 18,213 crore, fueled by strong loan growth and lower provisions. The Mumbai-headquartered bank posted an 18% rise in standalone [] The post Kotak Bank shares surge 5% as Q4 net profit rises 22% on robust loan growth appeared first on Northlines .

The Northlines 6 May 2024 12:17 pm

Explained: Why Kotak Mahindra Bank shares gained over 5% today

Explained Why Kotak Mahindra Bank shares gained over today

India Today 6 May 2024 11:39 am

First-timer YSRC Bharat challenging veteran Konathala of JS in Anakapalli

Visakhapatnam: A youth of a little-known village Malasala Bharat Kumar of Kasimkota mandal in Anakapalli district is taking on on behalf of ruling YSRC veteran politician and former minister Konathala Ramakrishna in the Anakapalli assembly constituency. Bharat Kumar is an IT professional who worked in Hyderabad for some time before moving to San Francisco, where he established his own company. He returned to his village and began taking active part in politics. His mother had been an MPP president and father Ramana Rao is a director of Visakha Dairy. Bharats social service in villages caught Chief Minister Y.S. Jagan Mohan Reddys attention and the CM asked him to contest from Anakapalli assembly constituency. Bharat replaces sitting MLA and industries minister Gudivada Amarnath. Survey reports in Anakapalli do not favour Amarnath. The ruling party has hence shifted him to Gajuwaka constituency. The NDA alliance has picked up veteran politician and former minister Konathala Ramakrishna, who joined Jana Sena last month. Ramakrishna belongs to the Gavara community which comprises more than 40 per cent voters in the Anakapalli segment. The Jana Sena candidate had become the Anakapalli MP in 1989 by defeating senior TD leader Petakamsetti Appalanarasimham. It became a national record, as Ramakrishna defeated Appalanarasimham by just nine votes. Ramakrishna became an MP again in 1991 but lost in 1996 to Ch. Ayyanna Patrudu of Telugu Desam. He became MLA in 2004 to become minister but lost in 2009 to Ganta Srinivasa Rao who represented Praja Rajyam Party. Ramakrishna never contested any election after that and joined YSRC in 2013. Soon he quit YSRC and remained disconnected with people for over a decade, occasionally raking up the issue of pending irrigation projects in north Andhra. Ramakrishna has the advantage of getting full support from former minister Dadi Veerabhadra Rao, who quit YSRC and returned to Telugu Desam, said a local TD leader. Both Ramakrishna and Veerabhadra Rao had fought against each other in many elections. YSRCs Bharat is, however, exuding confidence about winning the forthcoming election from Anakapalli. My parents and grandparents have been in local politics for past 40 years. I had the opportunity of watching them from close quarters. I have the backing of youth who would steer me to victory, Bharat told reporters recently.

Deccan Chronicle 6 May 2024 11:26 am

Markets rebound in early trade amid firm trends at Wall Street, buying in Kotak Bank

MUMBAI, May 6: Equity benchmark indices rebounded in early trade on Monday following a rally in the US markets and heavy buying in Kotak Mahindra Bank. The 30-share BSE Sensex climbed 328.54 points to 74,206.69 in early trade. The NSE Nifty advanced 93.45 points to 22,569.30. From the Sensex basket, Kotak Mahindra Bank jumped over 4 per cent after the company reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a [] The post Markets rebound in early trade amid firm trends at Wall Street, buying in Kotak Bank appeared first on Daily Excelsior .

Daily Excelsior 6 May 2024 10:29 am

Andhra Pradesh: PVTG tribals demand transportation facility to polling stations

VISAKHAPATNAM: Lack of proper roads, as many as 342 tribals residing in three Particularly Vulnerable Tribal Groups (PVTG) hilltop villages in Ananthagiri mandal of Alluri Sitarama Raju district will have to embark on a 60-km horseback journey, navigating the terrain, to exercise their franchise in general elections on May 13. In a show of protest, the tribals of these three PVTG villages, Dyatri, Madrebu and Tunisibu, rode horses on Sunday, urging the district authorities and the Election Commission to provide transportation assistance to their journey to the polls. The situation is particularly dire for the villagers of Dayarti hilltop village, where 222 voters must travel 30 km to reach the Jeenapadu polling booth. Similarly, in Madrebu village, with around 70 voters, 50 individuals must travel 30 km to the Pedakota polling booth, while the rest face an 18-km journey to the Velamamidi polling booth. Tunisibu village, with 50 voters, also shares the same challenge, requiring a 30-km journey to the Jeenapadu polling booth. Residents lamented the lack of road facilities in their villages, citing instances where tribal women have given birth in the middle of the road due to the absence of road connectivity. They highlighted their practice of using horses as ambulances to access essential health services. Additionally, they expressed frustration over the allocation of funds supposedly designated for road construction, alleging misappropriation. Between 2017 and 2022, significant amounts of money were purportedly allocated for road construction in the region, but these funds were misused or diverted. Despite complaints lodged with the Vigilance Enforcement Committee regarding these discrepancies, no investigations have been initiated thus far, stated the villagers. These villagers utilise horses to transport and sell their crops at weekly shandies. They voiced their disillusionment with politicians, saying that they show little concern for the well-being of tribal communities, only engaging with them during elections and disappearing thereafter. PVTG Adivasi Tribal Association secretary K Narsinga Rao, Dayarti villagers K Dasu, Seedari Sudhakar, and AP Tribal Association Fifth Schedule Sadhana Committee president K Govinda Rao were present.

The New Indian Express 6 May 2024 10:02 am

Kotak Bank shares jump 4% as Q4 beat makes investors overlook angry RBI to upgrade stock

Kotak reported 18.22% year-on-year (YoY) increase in its standalone profit for the quarter ended March 2024 to Rs 4,133.30 crore while its net interest income (NII) in Q4 rose 13% YoY to Rs 6,909 crore.

The Economic Times 6 May 2024 9:59 am

Hot Stocks: Brokerage upgrades Kotak Bank & D-Mart post Q4 results

Following the fourth-quarter results, JPMorgan upgraded Kotak Mahindra Bank and Avenue Supermarts. It maintains a neutral rating on Britannia Industries and an underweight rating on Tata Technologies.

The Economic Times 6 May 2024 9:54 am

Kotak Bank Q4 Results Review: RBI Embargo Resolution, Mid-Management Stability Are Key

Although the bank reported strong fourth-quarter profitability, the Reserve Bank of India's embargo resolution and mid-management stability are key monitorable factors.

Bloomberg Quint 6 May 2024 9:09 am

ITC, VBL, Britannia, Nestle, Uflex: PWM rules may hit FMCG cos; here are key beneficiaries

Kotak said Britannia Industries, Colgate-Palmolive and Nestle India will be the most impacted, while Godrej Consumer Products Ltd (GCPL), ITC, Jyothy Labs and Varun Beverages Ltd (VBL) will remain the least impacted by the new plastic waste management.

Business Today 6 May 2024 9:02 am

Kotak Mahindra Bank Q4 Results Review - Tactically, Upgrade To Buy, For The First Time: Yes Securities

Damage from RBI order to be relatively contained, while remaining business to perform

Bloomberg Quint 6 May 2024 8:26 am

Kotak Mahindra Bank Q4 Results Review - Strong Treasury Contribution Boost Earnings: Systematix

Advances growth led by commercial and SME with softness in personal loan and credit cards

Bloomberg Quint 6 May 2024 8:20 am

Stocks in the news: Kotak Bank, Lupin, Titan, YES Bank, Paytm, Tata Power, Britannia, Tata Tech

Godrej Consumer Products, Lupin, Indian Bank, Marico, Grindwell Norton, Happiest Minds, Route Mobila, Fusion Micro Finance, GHCL and more will announce their quarterly earnings later today.

Business Today 6 May 2024 8:14 am

Kotak Mahindra Bank Q4 Review - Upgrade To Buy Post Recent Correction On RBIs Supervisory Action: Nirmal Bang

Performance supported by strong business growth and one-off line items

Bloomberg Quint 6 May 2024 8:12 am

Kotak Mahindra Bank Q4 Results Review - Strong Quarter; One-Off Gains Boost Earnings Further: Motilal Oswal

Business growth steady; restoration of BAU remains a top priority

Bloomberg Quint 6 May 2024 7:59 am

Stock Market Live: Nifty, Sensex Open Higher Led By Kotak Mahindra Bank

Keep track of stock market live updates with GIFT Nifty trading near 22,700.

Bloomberg Quint 6 May 2024 7:48 am