OpenAI reportedly made exiting employees choose between keeping their vested equity and being able to speak out against the company. According to Vox , which viewed the document in question, employees could lose all vested equity they earned during their time at the company, which is likely worth millions of dollars if they didnt sign a nondisclosure and non-disparagement agreement, thanks to a provision in the off-boarding papers. OpenAI CEO Sam Altman confirmed in a tweet on Saturday evening that such a provision did exist, but said we have never clawed back anyone's vested equity, nor will we do that if people do not sign a separation agreement (or don't agree to a non-disparagement agreement). An OpenAI spokesperson echoed this in a statement to Vox , and Altman said the company was already in the process of fixing the standard exit paperwork over the past month or so. But as Vox notes in its report, at least one former OpenAI employee has spoken publicly about sacrificing equity by declining to sign an NDA upon leaving. Daniel Kokotajlo recently posted on an online forum that this decision led to the loss of equity likely amounting to about 85 percent of my family's net worth at least. in regards to recent stuff about how openai handles equity: we have never clawed back anyone's vested equity, nor will we do that if people do not sign a separation agreement (or don't agree to a non-disparagement agreement). vested equity is vested equity, full stop. there was Sam Altman (@sama) May 18, 2024 In Altmans response, the CEO apologized and said he was embarrassed after finding out about the provision, which he claims he was previously unaware of. [T]here was a provision about potential equity cancellation in our previous exit docs; although we never clawed anything back, it should never have been something we had in any documents or communication, he wrote on X. this is on me and one of the few times i've been genuinely embarrassed running openai; i did not know this was happening and i should have [ sic ]. In addition to acknowledging that the company is changing the exit paperwork, Altman went on to say, [I]f any former employee who signed one of those old agreements is worried about it, they can contact me and we'll fix that too. All of this comes after two more high-profile resignations from OpenAI this week. OpenAI co-founder and Chief Scientist Ilya Sutskever announced on Wednesday that he was leaving the company, and was followed soon after by Jan Leike, who was a team leader on OpenAIs now-dissolved Superalignment AI safety team . This article originally appeared on Engadget at https://www.engadget.com/sam-altman-is-embarrassed-that-openai-threatened-to-revoke-equity-if-exiting-employees-wouldnt-sign-an-nda-184000462.html?src=rss
People camp out, scour agricultural lands for diamonds after each rainfall
Kurnool: With the onset of pre-monsoon and monsoon rains, all eyes are on Tuggali, Jonnagiri, Maddikera and adjoining mandals as people in the region flock to these areas, hoping to find diamonds. Many camp out and search for diamonds in agricultural lands the day after each rain. Despite farmers warning them and placing signs asking strangers not to venture into agricultural lands, people continue their search for diamonds. This often obstructs farming activities. Diamond-bearing rocks are found in parts of Anantapur, Kadapa, Kurnool, Mahbubnagar, Nalgonda, Krishna and Guntur districts. AP accounts for about 40 per cent of India's diamond resources, followed by Madhya Pradesh (32 per cent) and Chhattisgarh (28 per cent). The diamonds in the state are found in primary kimberlite/lamproite pipes, secondary conglomerates and tertiary gravels in the old river terraces. Important locations include Dibbasanipalli, Jonnagiri, Yemmiganur, Nadigadda, Ramallakota, N Racharla, Munimadugu, Yembai and more in the combined Kurnool district. The National Diamond Project, initiated in the early 1980s to identify diamond-bearing areas in AP, pinpointed zones in Anantapur, Kurnool, Mahbubnagar, Krishna and Guntur districts. The integrated survey indicated that diamond incidence was erratic, ranging from one carat to 35 carats per 100 tonnes of source material. When the rain starts, many families leave their homes to hunt for diamonds. People live in tents from June to November at Jonnagiri, Tuggali, Maddikera, Pagidrayi, Yerragudi, Peravali, Mahanandi and Mahadevapuram, which are known to be diamond-bearing areas in the district. Diamonds often appear after rain wash away several layers of the earth. Many people focus on areas around the Sarva Narasimha Swamy temple in Sirivella mandal headquarters. Some accidents had occurred in the region during such searches. Even children are involved in the treasure-hunting activity. This is a common occurrence, with people from various places coming in search of diamonds. However, it creates problems for our agricultural activities, especially now that the rains have started. Despite our requests, they continue to enter our lands. We have to hire watchmen at our own expense to prevent unauthorized entry, explained K Mallanna from Tuggali mandal. According to estimates, people in Sirivella and Mahanandi find diamonds worth three to four crore rupees, on average, during the rainy season. Maddikera and Tuggali mandals in Kurnool account for diamonds worth about Rs 4-5 crore annually. Traders also camp in these areas to buy diamonds from the hunters at lower prices. Now, these places are bustling with diamond hunters who scout around from dawn to dusk. In recent years, many people have found small diamonds in agricultural lands worth Rs 20 lakhs to Rs 2 crore, selling them to traders at low prices. As there are no official transactions, these activities often go unnoticed. Traders typically settle the amount in cash and leave the place discreetly.
Two mutual fund NFOs to open for subscription this week
Two NFOs are going to open for subscription this week, according to ACE MF data. Kotak NIFTY 100 Low Volatility 30 Index Fund's NFO will open on May 22 and Aditya Birla SL CRISIL IBX Gilt June 2027 Index Fund's NFO will open on May 22 as well.
RIL and Infosys among top 10 stock holdings of Kotak Mutual Fund
Kotak Mutual Fund manages 130 mutual fund schemes. A look at the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services.
Irrespective of Lok Sabha poll outcome, Prabhudas Lilladher is bullish on these sectors
Irrespective of Lok Sabha poll outcome, Prabhudas Lilladher is bullish on these sectors Irrespective of who forms government at the Centre, sectors such as FMCG, auto, healthcare, IT services, private banks, and capital goods are expected to perform well, stated brokerage Prabhudas Lilladher in its latest report, 'India Strategy Report - Mandate 2024, Brace of Volatility'. The brokerage says these sectors are typically defensive hedge against election results. As India completes 4th phase of Lok Sabha elections, debate is on whether NDA will be able to reach its intended target of 400 seats or 'INDIA' bloc making a possible dent to the former's goal. The brokerage in its report said it expects continuation of policy if BJP-led NDA comes back to power and themes around infrastructure, defence, capital goods (CG), new energy, tourism will continue to do well. Consumer, two wheelers and tractors can get a boost from green shoots in rural demand with expectations of normal monsoons. Unexpectedly, if opposition 'INDIA' bloc comes to power, the brokerage believes it will lead to de-rating in overall markets and in specific for sectors like defence, capital goods, tourism, PSUs (including banks), drones, wires and cables, plastic pipes. The brokerage believes that sectors like FMCG, retail, 2W, PV (entry level), tractors, real estate, logistics (E-commerce centric) and consumer durables will benefit from expected policies. Prabhudas Lilladhar in its report has also provided a list of sectors and stocks which will do well irrespective of the regime in power. FMCG: Rural demand revival is expected to get a boost if supplemented by freebies. Key stocks are HUL, Dabur, Emami, Marico, GCPL, Britannia, and Varun Beverages Auto: two wheelers, tractors and entry level cars will benefit. Key stocks: Hero MotoCorp, Maruti and M&M. Healthcare: Sun Pharma, Cipla, Max Health and Jupiter are key stocks IT services: TCS, LTI Mind tree, HCL tech, Cyient, and Tata Tech are key stocks. Private Banks - Expect de-rating of all PSUs including banks. HDFC Bank, Kotak Mahindra Bank, Axis Bank, and ICICI Bank are key stocks. Capital Goods - While many segments in engineering procurement and construction; defence, new energy are at risk, the brokerage house believes global technology leaders like Siemens, ABB, Schneider, Honeywell, Elantas Beck, GE T&D, Hitachi Energy, Timken, Schaffler are likely to suffer much less impact. After two and a half years, Prabhudas Lilladher is overweight, meaning bullish, on consumer as it increases weight behind HUL, ITC, Britannia and Titan Industries, besides adding Delhivery. The brokerage also turns overweight on auto and adds Hero MotoCorp in model portfolio even as it increases weight on Maruti and M&M. It believes consumer and auto (passenger vehicles, two wheelers and tractors) provide a good hedge as it will benefit from green shoots in rural demand if the current government continues. The scenario will further improve if INDIA comes to power and doles out freebies to a large section of population, asserted the brokerage house in its report. General elections are being held in seven phases from April 19 to June 1 with votes for the 543 Lok Sabha seats to be counted on June 4. (ANI)
Kondaveedu Shiva temple renovation works begin
GUNTUR: The ancient Shiva temple at Kondaveedu hilltop, which has been in dilapidated condition for several years, will soon reopen for devotees. Kondaveedu Fort Development Committee convenor Sivareddy, along with other officials, laid the foundation for the temples reconstruction on Saturday. Built during the Reddy Rajas era, the Shiva temple and the Sri Lakshmi Narasimha Swamy Temple were renowned in medieval times but had fallen into ruin over the centuries. In 2010, the State government ordered their reconstruction as part of the Kondaveedu development project. However, due to inadequate transportation to the hilltop, work only began in 2017 after a ghat road was built. The COVID-19 pandemic further delayed progress. Recently, endowments and forest department officials have expedited the work, allowing the redeveloped Narasimha Swamy temple to open for public darshan in February. K Sivareddy stated that with the Narasimha Swamy temples completion imminent, they aim to finish the Shiva temples reconstruction on schedule. These temples, already a major tourist attraction, will enhance devotional appeal and provide a holistic experience for visitors. Sivareddy also mentioned that the temples would be associated with the Trikoteswara Swamy temple in Kotappakonda for maintenance.
Three districts in Tamil Nadu likely to get very heavy rain on May 19
CHENNAI : The heat has paved way for rains in the state, with three districts Theni, Tirunelveli and Tenkasi likely to get isolated heavy to very heavy rain to extremely heavy rain on Sunday, Regional Metereological Centre (RMC) said. The centre has issued a heavy rainfall warning for some parts of the state in the coming week as well. Heavy to very heavy rain is likely to occur at isolated places over Kanniyakumari, Virudhunagar, Tiruppur, Coimbatore, Nilgiris and Dindigul districts and heavy rain at isolated places over Madurai, Sivaganga, Ramanathapuram, Thoothukudi and Pudukkottai districts. Coonoor and Mettupalayam received heavy rainfall of around 17 cm each in the 24 hours between 8.30 am on Friday until 8.30 am on Saturday, according to the rainfall data from RMC. Usilampatti in Madurai recorded 9 cm of rainfall while Sivagiri in Tenkasi, Kil Kotagiri Estate and Burliar in the Nilgiris along with Madathukulam in Tiruppur received 8 cm rainfall each. From 8.30 am to 5.30 pm on Saturday, the Ooty observatory recorded an average of 3.8 cm of rainfall and Coimbatore recorded 3 cm. Valparai, Dharmapuri and Kodaikanal recorded 1.9 cm, 1.2 cm and 1 cm on average during the period. Vellore, Yercaud, Kanniyakumari and Madurai received light rains. On Monday, isolated heavy to very heavy rain with extremely heavy rain is likely over Kanniyakumari, Theni, and Tirunelveli and Tenkasi districts, and heavy to very heavy rain is likely at isolated places over Virudhunagar, Tiruppur, Coimbatore, Nilgiris and Dindigul districts. Pudukkottai, Ramanathapuram, Madurai, Sivaganga, Thoothukudi, Thanjavur, Tiruvarur, Mayiladuthurai, Nagapattinam, Cuddalore, Ariyalur, Perambalur and Tiruchirappalli districts and Karaikal areas are also likely to get heavy rain. For Chennai, light to moderate rain is on the cards for the next 48 hours ending Monday afternoon. Maximum temperature is likely to be 34-35C and minimum temperature is likely to be around 26C. Moderate rain on the cards for Chennai Light to moderate rain is on the cards In Chennai for the next 48 hours ending Monday afternoon. Maximum temperature is likely to be 34-35C and minimum is likely to be 26C
Landslip halts Niligiris rail service, ticket fare to be refunded
NILGIRIS/COIMBATORE: Rail services were disrupted on the Nilgiri Mountain Railway as a landslide occurred between Kallar and Hillgrove station due to heavy rain on Friday. Trains between Mettupalayam and Udhagamandalam were cancelled. Mud and boulders fell over the railway line, obstructing traffic as heavy rain lashed the surroundings of Coonoor on Friday. The Nilgiris district received 1,099 millimetre rainfall of which Coonoor received 171 mm in the last 24 hours ending at 7 am on Saturday, said sources. The Mettupalayam to Udhagamandalam train (Train No 06136), which was scheduled to leave Mettupalayam at 7.10 am, and the Udhagamandalam to Mettupalayam train (Train No 06137), scheduled to leave Udhagamandalam at 2 pm, were cancelled on Saturday. We will refund the ticket fare to passengers. Workers are removing mud and boulders and the track would be restored at the earliest to resume train services, said a Salem Railway Division official. Although heavy rain was reported in Coonoor, there were no report of major landslides or falling of trees. According to fire and rescue service sources, only one tree fell over a parked car. Likewise, Kotagiri also received 64 mm and Kil-Kotagiri received 81 mm rainfall. Overall Nilgiris district recorded only 176.20 mm rainfall on Saturday as there was not much rain between 7 am and 4 pm. A wayside tree fell on the middle of the road at Idukarai at 11.15 am and within half an hour the tree was axed and cleared for vehicle movement. Likewise, another tree fell over a power line at Kannerimukku at 2.30 pm and within half an hour that tree was removed with the help of staff from the Tangedco. A fire station master told TNIE that based on district collector M Arunas order, one vehicle has been stationed at Burliar, Kunjappanai and Naadukani near Gudalur until May 20 to clear fallen trees and rescue people in case of emergencies around the clock. Heavy rain was also reported across the Coimbatore district since Saturday 3 pm leading to flooding in a few places. Heavy traffic congestion was witnessed at Gandhipuram, Uppilipalayam flyover, CMCH, railway station and Gandhipuram and RS Puram areas. The roof of a temporary two-wheeler parking shed collapsed on vehicles and a tree fell over a parked taxi cab at RS Puram. A 22-member team attached to the State Disaster Response Force (SDRF) camped at Mettupalayam police station to attend rain-related emergencies.
After Jaipur, 4,000L substandard ghee seized in Kota dist
This Blockbuster Movie Finally on OTT
1. Madgaon Express Kunal Khemu's directorial debut, Madgaon Express, is now available on Prime Video. This comedy film features Avinash Tiwari, Prateek Gandhi, Divyendu, and Nora Fatehi in lead roles. 2. Zara Hatke Zara Bachke Zara Hatke Zara Bachke, a romantic drama starring Vicky Kaushal and Sara Ali Khan, is now streaming on Jio Cinema. Directed by Laxman Utekar, the film has made its OTT debut almost 11 months after its theatrical release. 3. Bastar: The Naxal Story The action thriller Bastar: The Naxal Story, starring Adah Sharma, can now be watched on ZEE5. Directed by Sudipto Sen, the film was released in theaters in March but did not perform well at the box office. Hollywood Movies: 4. Madam Web Marvel's Madam Web, featuring Dakota Johnson in the lead role, has arrived on Netflix following its theatrical release. Despite its flop status in theaters, the superhero film is now available for streaming. 5. Godzilla Kong: The New Empire Godzilla Kong: The New Empire is now streaming on Prime Video. Directed by Adam Wingard, this sci-fi thriller is part of the popular monster series. 6. Copshop Copshop, starring Gerard Butler and Frank Grillo, is available on Lionsgate Play as of May 17. The film follows Teddy, a swindler on the run from a hitman named Bob, and his plan to escape. South Movies: 7. Krishnamma The Telugu film Krishnamma is now on Prime Video, just 7 days after its theatrical release on May 10. It started streaming on May 17. 8. Blink The Kannada sci-fi thriller Blink, directed by Srinidhi Bengaluru and starring Dixit Shetty and Chaitra, was released on Prime Video on May 15.
Shes in the pantheon now: Kristi Noem and the politicians who hit self-destruct
The dog-killing South Dakota governors VP hopes are in tatters. But shes not the first politician to flame out with an own goal She could have been a contender. But then she wrote a book. And suddenly Kristi Noem was caught like a rabbit or a rambunctious puppy in the headlights. The governor of South Dakota found herself insisting that a false claim she met the North Korean dictator Kim Jong-un had been put in her book by accident. Wait, said Elizabeth Vargas of NewsNation , you recorded the whole audiobook version and read this passage out loud. Why didnt you take it out then? Continue reading...
Two men killed after truck hit bike in Jaipur
Two laborers lost their lives, and a mother with her child got injured in a tragic truck accident on the Jaipur-Kota highway near Kothun road while traveling on a motorcycle.
Bonus Announcement..! This company announced a bonus of Rs 1007 crore for 7 lakh policyholders.
If you also have an insurance policy of this company, then there is big news for you on bonus. Read what this is. Kotak Mahindra Life Insurance Company Limited has today announced a bonus of Rs 1007 crore to more than 7 lakh eligible policyholders for the financial year 2023-24. This is the 23rd consecutive [] The post Bonus Announcement..! This company announced a bonus of Rs 1007 crore for 7 lakh policyholders. first appeared on informalnewz .
GLOBAL MARKETS-Stocks edge up as timing of US rate cuts weighed; copper jumps
GLOBAL MARKETS-Stocks edge up as timing of US rate cuts weighed; copper jumps A world stock index rose for a seventh straight session and U.S. Treasury yields also gained on Friday as investors tried to assess the timing of potential interest rate cuts by the Federal Reserve this year. The Dow Jones Industrial Average closed above 40,000 for the first time, and all three major U.S. stock indexes posted strong gains for the week. Copper surged to a 26-month peak after China announced fresh support for its ailing property sector, while nickel prices touched their highest level since August 2023 amid unrest in nickel producer New Caledonia. Gold prices also gained. Data from earlier this week showing softening consumer prices in April boosted expectations that the U.S. central bank will be able to cut rates twice this year, beginning in September. Much depends, however, on what happens with price pressures in the coming months and Fed officials have hinted U.S. rates may not fall anytime soon. On Friday, Fed Governor Michelle Bowman repeated her view that inflation will fall further with the policy rate held steady, but said she has seen no improvement on inflation this year and remains willing to hike rates should progress stall or reverse. Minutes from the Fed's most recent policy meeting are due next week and may offer more detail on what Fed officials are looking at to begin cutting rates. The meeting from April 30May 1, however, took place before Wednesday's CPI data. The Dow Jones Industrial Average rose 134.21 points, or 0.34%, to 40,003.59, the S&P 500 gained 6.17 points, or 0.12%, to 5,303.27 and the Nasdaq Composite lost 12.35 points, or 0.07%, to 16,685.97. For the week, the Dow gained 1.2%, the S&P 500 rose 1.5% and the Nasdaq climbed 2.1%. People are now looking at the next catalyst. Most likely it's going to be whether or not the Fed actually cuts, said Robert Pavlik, senior portfolio manager at Dakota Wealth. MSCI's gauge of stocks across the globe rose 0.88 points, or 0.11%, to 794.96, and was set for a seventh session of gains and another record high close. The index was also set to post gains for the week. The STOXX 600 index fell 0.13%. A report showed European Central Bank board member Isabel Schnabel advocated caution about further interest rate cuts after a likely first one in June. In Treasuries, the yield on benchmark U.S. 10-year notes rose 4.3 basis points to 4.42% versus 4.377% late on Thursday. The U.S. dollar was mostly flat against other major currencies. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, fell 0.02% to 104.48, with the euro up 0.05% at $1.087. Against the Japanese yen, the dollar strengthened 0.18% at 155.65. The Japanese currency has weakened this year as the Bank of Japan has kept monetary policy loose while higher U.S. rates have drawn money toward U.S. bonds and the dollar. Tokyo is suspected to have intervened on at least two days in late April and early May to support the yen after it tumbled to lows last seen more than three decades ago. Three-month nickel on the London Metal Exchange (LME) surged 5.2% to $20,820 a metric ton by 1600 GMT after touching $21,365, the highest since August 2023. LME copper climbed 2.3% to $10,662 per ton, the strongest since March 2022. Gold prices , aided by China's stimulus measures, also rose. Spot gold rose 1.5% to $2,412.83 per ounce. Oil prices rose, with global benchmark Brent crude recording its first weekly gain in three weeks. U.S. crude gained 83 cents to settle at $80.06 a barrel and Brent rose 71 cents to settle at $83.98 per barrel. (Additional reporting by Amanda Cooper in London and Ankur Banerjee in Singapore and Bansari Mayur Kamdar and Shristi Achar A in Bengaluru; Editing by Jane Merriman, Toby Chopra Jonathan Oatis and Rod Nickel)
An abortion rights initiative makes the ballot in conservative South Dakota
A abortion rights ballot initiative is going before South Dakota voters this November
Sensex climbs over 250 pts on buying in Reliance, M and M
M and M was the biggest gainer on the Sensex chart, rising 5.97 per cent, followed by JSW Steel, Ultra Cement, Kotak Bank, ITC and NTPC. Reliance Industries gained 0.73 per cent to close at Rs 2,871 apiece. In contrast, TCS, HCL Tech, HUL, Nestle Industries, Bajaj Finserv, Wipro and Infosys were among the losers.
India has changed from a nation of savers to a nation of investors: Uday Kotak
Uday Kotak, the banking industry stalwart, hailed India's transition from a nation of savers to investors. Reflecting on the past, he recalled companies resorting to foreign exchanges for capital. He emphasized India's shift towards investment culture, notably through SIPs. Despite a recent decline in equity fund inflows, SIP contributions hit a record high, showcasing India's growing appetite for investment.
Auto, metal stocks propel Sensex 253 points higher; Nifty above 22,450
M&M was the top gainer, rising 6% as its overall March quarter numbers led to target price hikes and upgrades. JSW Steel, UltraTech Cement, Kotak Bank, ITC, and Maruti also closed higher.
CMTA hosts forum to explore Sri Lankas Economic Growth & Mobility
The recent event organized by the Ceylon Motor Traders Association (CMTA), themed Mobility and Economic Growth, brought together key stakeholders and thought leaders to delve into crucial discussions shaping Sri Lankas economic landscape. The event, highlighted by a keynote speech from Mr. Katsuki Kotaro, Minister and Deputy Head of Mission at the Embassy of Japan, and a dynamic panel discussion, provided invaluable insights and strategies for sustainable growth and enhanced mobility. Mr. Kotaro emphasized Sri Lankas significant strides in economic recovery since the challenges of 2022. He explained that Sri Lankas economy has rebounded since 2022, with steady growth rates approaching the 3% target for 2024. Inflation, previously at 70%, has dropped to 2.5%, though prices remain high. Government efforts and IMF support have stabilized the economy. He went on to explain, that Sri Lankas practical strategy should involve starting with hybrid vehicles until about 2030, then transitioning gradually to EVs and fuel cell vehicles by 2035, mirroring Japans carbon neutrality goals. This phased approach acknowledges Sri Lankas current infrastructure and fiscal limitations. Its crucial to develop industrial policies that support automobile production and enhance mobility while balancing economic growth with environmental sustainability. The keynote speech was followed by an engaging panel discussion, moderated by Mr. Yasendra Amerasinghe, Immediate Past Chairman of CMTA. The esteemed panel consisted of Ms. Thilaka Jayasundara, Secretary, Ministry of Education, Mr. Ranjith Rubasinghe, Secretary, Ministry of Transport and Highways, and Mr. Bingumal Thewarathanthri, Chairman, Sri Lanka Bankers Association. Topics ranged from Japans perspective on Sri Lankas recovery to fiscal measures impacting industries and upcoming initiatives for improved mobility and transportation and more. During the course of the discussion, Mr. Bingumal Thewarathanthri, Chairman of Sri Lanka Bankers Association, spoke about Sri Lankas current economic trajectory, and possible risks the country might face. He explained, We dont see a risk of not crossing this review. As a country, weve made significant progress in several areas, including fiscal policy and the external sector, which has performed exceptionally well. Although there are still areas that need improvement, particularly in debt restructuring, the requirement is to show meaningful progress rather than completion for the second review. Given our advancements, Im confident that Sri Lanka will secure the $300 billion needed to move forward. Ms. Thilaka Jayasundara, Secretary, Ministry of Education addressed the gathering about the development of industry from an educational standpoint. She explained, From an educational perspective, as industries develop, we must focus on enhancing our skilled manpower to meet their needs. The Ministry of Education, with the support of vocational training programs, is dedicated to developing skills for emerging industries such as automobile and component manufacturing. Weve established a Sector Advisory Council to ensure that our training aligns with industry requirements. By the end of this year, we plan to have all our courses in the automobile sector tailored to meet industrial demands, ensuring that our workforce is well-prepared to support these key industries. Mr. Ranjith Rubasinghe, Secretary, Ministry of Transport and Highways, shared his thoughts on the current state of the transportation and mobility sector. He stated, Our transportation industry is not operating at its highest efficiency. We need to address fundamental issues before adopting new trends like e-mobility. Our focus is on establishing a green energy network before moving to e-mobility. The National Land Transport Policy is in process, and we aim to finalize it soon to guide industry decisions. Weve also developed an e-mobility policy with expert input, which is crucial for our future plans. Many of our systems are self-grown and need external interventions to become efficient. Mr. Katsuki Kotaro, Deputy Head of Mission Embassy of Japan delivering the keynote address. Ms. Thilaka Jayasundara (Secretary, Ministry of Education), Eng. Ranjith Rubasinghe (Secretary, Ministry of Transport and Highways), Mr. Bingumal Thewarathanthri (Chairman, Sri Lanka Bankers Association), Mr. Katsuki Kotaro and CMTA officials.
3-year-old dies as parents forget her in car, go for wedding
In Kota, a three-year-old girl suffocated to death in a locked car during a wedding. Pradeep Nagar mistakenly left Gorvika for over two hours at Jorawarpur village. The parents, engaged in separate groups, realized she was missing after two hours.
Mercury continues to soar in Rajasthan, Ganganagar hottest at 46.3 deg C
Mercury continues to soar in Rajasthan, Ganganagar hottest at 46.3 deg C Heat conditions have intensified in Rajasthan with the maximum temperature reaching 46.3 degrees Celsius in Ganganagar, the weather department said on Thursday. According to the Meteorological Centre, Jaipur, most parts of the state are reeling under intense heat. The maximum temperature was recorded at 46.3 degrees Celsius in Ganganagar, 46.0 degrees Celsius in Barmer, 45.5 degrees in Jaisalmer, 45.3 degrees in Banasthali (Tonk), Pilani (Jhunjhunu) and Jalore, it said. Apart from this, the day temperature was 44.6 degrees Celsius in Jodhpur and Sangaria (Hanumangarh), 44.5 degrees Celsius in Dholpur, 44.2 degrees Celsius in Kota and 44.1 degrees Celsius in Jaipur, the centre said. It added that heat waves were experienced in some parts of Jodhpur and the Bikaner division on Thursday. There is a possibility of further intense heat waves in this area and the Shekhawati region starting from May 17, the Meteorological Centre, Jaipur, said.
Three-year-old girl suffocates to death in locked car in Rajasthan's Kota
A three-year-old girl named Gorvika Nagar tragically suffocated to death in a locked car at a wedding function in Kota, Rajasthan. Her father, Pradeep Nagar, attended the event at Jorawarpura village with his family. The mother, SHO Banna Lal, and doctors were also part of the incident. The parents declined an autopsy and police case, leading to the tragic outcome.
Kota: Parents forgot 3-year-old in car during wedding, girl dies of suffocation
In a heartbreaking incident, three-year-old Gorvika Nagar tragically suffocated in a locked car during her parents' attendance at a wedding. Despite their efforts, her parents couldn't save her. The incident underscores the dangers of leaving children unattended in vehicles, especially during hot weather. Authorities emphasize the need for vigilant caregiving to prevent such tragedies.
Toddler dies of suffocation after getting locked in car in Kota
KOTA: A three-year-old girl suffocated to death in a locked car while her parents were attending a wedding function here, police said on Thursday. According to police, the incident occurred on Wednesday evening. They identified the victim as Gorvika Nagar. Pradeep Nagar, the victim's father, had gone to attend a wedding function at Jorawarpura village with his wife and two daughters. As the family reached the venue, the mother and her elder daughter came out of the car and Pradeep went to park the vehicle, Khatoli police station SHO Banna Lal said. Presuming that Gorvika went inside the venue with her mother, Pradeep locked the car and went to attend the function. For about two hours, both parents engaged in different groups, the SHO said. When they met and asked each other about Gorvika, they realised she was with neither of them and began searching for her, he said. They found her unconscious in the back seat of the car and rushed her to a hospital where the doctors declared her dead on arrival, Lal said. The parents refused to conduct an autopsy and to file a police case, he added.
Parents Forget 3-Year-Old In Car, Attend Wedding. Find Her Dead Hours Later
A three-year-old girl suffocated to death in a locked car while her parents were attending a wedding function in Rajasthan's Kota, police said today.
Vodafone India shares can rally up to Rs 23 if: Kotak Equities
Vodafone India shares can rally up to Rs if Kotak Equities
media@in.gt.com .
3-year-old girl dies of suffocation after getting locked in car in Kota
3-year-old girl dies of suffocation after getting locked in car in Kota Kota(Rajasthan) May 16 (PTI) A three-year-old girl suffocated to death in a locked car while her parents were attending a wedding function here, police said on Thursday. According to police, the incident occurred on Wednesday evening. They identified the victim as Gorvika Nagar. Pradeep Nagar, the victim's father, had gone to attend a wedding function at Jorawarpura village with his wife and two daughters. As the family reached the venue, the mother and her elder daughter came out of the car and Pradeep went to park the vehicle, Khatoli police station SHO Banna Lal said. Presuming that Gorvika went inside the venue with her mother, Pradeep locked the car and went to attend the function. For about two hours, both parents engaged in different groups, the SHO said. When they met and asked each other about Gorvika, they realised she was with neither of them and began searching for her, he said. They found her unconscious in the back seat of the car and rushed her to a hospital where the doctors declared her dead on arrival, Lal said. The parents refused to conduct an autopsy and to file a police case, he added.
Bought Jio Financial, Bajaj Finance, Bajaj Finserv & Kotak Bank shares recently: Deven Choksey
In this market, one should consider buying quality stocks at lower levels, the market expert mentioned. Deven Choksey also liked Praveg Ltd from the small-cap space.
Vodafone Idea shares can rally up to Rs 23 in bull case: Kotak Equities
Kotak Institutional Equities, a domestic brokerage, reiterated a sell recommendation for Vodafone Idea, citing it as a high-risk, high-reward opportunity. They maintained that under bullish conditions, the stock could potentially rise to Rs 23, assuming a significant 10% 10-year ARPU CAGR.
Mutual funds take Rs 10,000 crore contra bet on sleeping giants Kotak, HDFC Bank
Mutual funds invested Rs 10,000 crore in Kotak Mahindra Bank and HDFC Bank in April, despite their decline in Nifty rankings. Fund houses like HDFC MF, SBI MF, and Axis MF raised bets on HDFC Bank, while Kotak Mahindra saw buying from Nippon India MF and others. The investments were based on data from Prime Database.
Vodafone Idea stock at Rs 7 or Rs 23: Kotak shares bull, base and bear case target prices
Kotak said it does not build in AGR dues waiver in its base case. But a potential waiver (Rs 35,000 crore) could drive Rs 5 per share (or 52 per cent) upside to its fair value.
Apurva Sahijwani joins Avendus Wealth as MD and CEO
Avendus Wealth Management has named Apurva Sahijwani as its new managing director and CEO. Sahijwani, with extensive experience in the financial sector, will oversee the wealth team and utilize Avendus's platform to offer comprehensive advice to clients. Previously, he led Burgundy Private at Axis Bank and held various managerial roles at Kotak Wealth, ICICI Bank, HSBC, and Citibank.
Karnataka Make Liquor Seized in Adoni
Rustam Sadhua was arrested on Thursday by Federal Investigation Agency (FIA) and is accused of obtaining his National Identity Card (NIC), issued only to Pakistani nationals, through fraudulent means. (Representational Image) Rustam Sadhua was arrested on Thursday by Federal Investigation Agency (FIA) and is accused of obtaining his National Identity Card (NIC), issued only to Pakistani nationals, through fraudulent means. (Representational Image) Kurnool: The Special Enforcement Bureau (SEB) on Wednesday, arrested three people and seized 20 boxes containing Karnataka-made liquor at Virupapuram, Thangadona Arch in Adoni mandal. The SEB Circle Inspector, Vinnylatha, said that the accused Kotakonda Papanna, Thuravagallu Narasanna, and Musanapalli Dhanunjay were arrested in connection with the case. Authorities seized 20 boxes containing 1,920 packets of Karnataka liquor from their possession, along with the vehicle used for transportation. SEB personnel Somasekhar and Srinivas were also involved in the raids.
Fed's Kashkari: rates should stay on hold 'for a while longer'
Fed's Kashkari: rates should stay on hold 'for a while longer' Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday reiterated his view that he is unsure how restrictive monetary policy is right now, and that borrowing costs should stay where they are as U.S. central bankers take stock of inflation. The biggest uncertainty in my mind is how much downward pressure is monetary policy putting on the economy? That's an unknown, Kashkari told the Williston Basin Petroleum Conference in Bismarck, North Dakota. And that tells me we probably need to sit here for a while longer until we figure out where underlying inflation is headed before we jump to any conclusions. The economy and the housing market have been more resilient than expected, he said, and Americans have been spending more than anticipated given the increase in the Fed policy rate to its current 5.25%-5.5% range. Kashkari did not comment on government data released Wednesday that showed inflation edged down in April, after proving stronger than expected during each of the first three months of the year.
Assam CS launches digital platform for reporting damages during disasters
Guwahati, May 15: Assam chief secretary Ravi Kota on Wednesday launched the Disaster Reporting and Information Management System (DRIMS), a digital platform for online reporting of damages incurred during various disasters. DRIMS is a state-of-the-art initiative of the Assam State Disaster Management Authority (ASDMA) for accurate reporting and assessment of damages caused by disasters and [] The post Assam CS launches digital platform for reporting damages during disasters appeared first on The Shillong Times .
South Dakota Governor Noem Not Welcome on Two More Tribal Territories
By Isaac White. Governor Kristi Noem of South Dakota finds herself increasingly alienated from the communities she governs, as nearly 20% of the state's territory, controlled by Native American tribes, has now banned her. These bans are in response to a series of controversial remarks and actions over recent months, including her claims about tribal leaders' connections with drug...
Niva Bupa ropes in Kotak, Axis, HDFC & three others to run its 3,000-crore IPO
The development comes months after the company's majority shareholder True North sold a big chunk of its stake to its UK partner Bupa.Niva Bupa, which has lined up six investment banks for its IPO, will be the second health insurer to go public this year, after GoDigit
Voter Turnout Disparities in North Andhra
Visakhapatnam : The present elections in North Andhra Pradesh revealed a stark contrast in voter turnout between rural and urban areas. While rural coVoter turnout disparities in North Andhra nstituencies demonstrated robust participation, urban areas, particularly in Visakhapatnam, lagged behind. The highest voter turnout was in Etcherla, an impressive 87 per cent, followed by Srungavarapukota at 85.45 and Gajapathinagaram at 85.16. Other high-turnout constituencies included Yelamanchili (84.54), Madugula (84), Neelimarla (84.83), Narsipatnam (83), Cheepurupalle (82.90), Payakaraopet (81.75), Narsannapeta (80.50) and Bobbili (80.39). Urban areas here recorded the lowest turnouts. Visakhapatnam South was at the lowest at 63.42 per cent, followed by Paderu (ST) at 63.91, Visakhapatnam North at 64.63, Srikakulam 65.85, Visakhapatnam East 68.64, Visakhapatnam West 69.78, and Gajuwaka 69.83. Numerous factors contributed to the low turnout in the urban districts. Many voters reported that their names were missing from the electoral lists. Additionally, young voters were not comfortable with the long queues at polling stations and scooted from the scene. Technical issues exacerbated the situation. Malfunctioning of EVMs caused delays and confusion at several polling stations.
TDP attacks targeted BC communities in Gurazala says Kasu Mahesh Reddy
VIJAYAWADA: Gurazala YSRC MLA Kasu Mahesh Reddy on Tuesday demanded the arrest of the TDP leaders who allegedly resorted to the late Monday night attacks on the residents of Kota Ganesunipadu of Palnadu district. He urged the Range IG and District SP to take action and arrest the TDP leaders involved in the attacks within 24 hours. Stating that the TDP leaders incited violence, vandalising homes and injured some of the locals, the MLA said that the residences belonging to BC communities were targeted accusing them for supporting the YSRC. The attack lasted for three hours with BC households bearing the brunt of the attack. Women and children were not spared from the violence. Some women managed to evade the attack and took refuge under a small tree with their children, he said. Mahesh Reddy said he has written letters to the Election Commission regarding the issues faced by the village and sought increased police security. However, only two to three constables have been deployed in the village, he added. The MLA further said that he had repeatedly urged the SP to deploy force, foreseeing potential conflicts in the village and asked as to why the SP did not deploy sufficient force.
How safe is safe enough? Heed RBI on cyber security and risk reduction.
Were RBI clamps on Kotak Mahindra Bank too stiff? Not if cyber risks are considered. Banks should view RBIs IT insistences as laying a well-lit path towards better and safer banking.
ICICI Securities Delisting: 16 fund houses vote in favour of plan and 7 against
Sixteen domestic mutual funds, including Kotak and LIC, supported ICICI Bank's proposal to delist ICICI Securities, despite concerns raised by some shareholders. This led to a class-action lawsuit by retail investors and support from ICICI Prudential Mutual Fund.
4-yr-old kidnapped from Kota rly stn rescued from madari family in Jaipur
Post-Poll Violence Create Tension in Several Areas in AP
VIJAYAWADA: Post-poll violence continued in various areas of Andhra Pradesh on Tuesday, which created tension in areas like faction-prone Palnadu region and the temple city of Tirupati. The violence erupted in the Palnadu region with the vandalising of houses of YSRC supporters in Kota Ganesunipadu by Telugu Desam supporters. The clashes erupted in the district on the polling day. Local TD workers first provoked the YSRC workers and later started attacking them, the ruling party alleged. The clash occurred at Velpur of Achampet mandal. A few TD leaders vandalised the houses of the BC community voters as they supported the YSRC in Kotha Ganesunipadu of Piduguralla mandal, Palnadu district. TD workers attacked the houses of YSRC leaders. As a result, the women of the respective families hid inside the temple all night, a report said. On Tuesday, MLAs Kasu Mahesh Reddy and Anil Kumar Yadav went to the village to support the victims. Knowing that the MLAs were coming, the TD workers surrounded the village. The convoy of Mahesh and Anil was attacked with stones and sticks. As the situation got out of control, the police opened fire in the air. The convoy of MLAs moved further with the help of central forces. Mahesh Reddy said, When members of the BC community supported the YSRC in the village, TD resorted to attacks at midnight. I have written letters to the election commission and sought increased police security. They have deployed only 2-3 constables in the village. I repeatedly urged the SP to employ force, foreseeing potential conflicts in the village. The request remained unanswered: Why didn't the SP utilise force? Where was the SP when women sought refuge by hiding behind the trees at night? Given the turmoil caused by Telugu Desam leaders, why didn't the SP conduct a check in the area? I urge the SP and IG to take action and arrest those TD leaders within 24 hours, he said. Tensions ran high in Velpur of Acchampeta mandal of Palnadu district. At night, a conflict started following a dispute between the two parties. As rival sides started trading blows against each other, the police intervened and brought the situation under control. Tirupati city turned into a battlefield following an attack on Telugu Desam candidate Pulivarthi Nani by miscreants, allegedly from the YSRC, The incident took place on the premises of the Sri Padmavati Mahila Viswa Vidyalayam, where Nani had gone to inspect a strong room containing EVMs. Nani confronted a group of YSRC activists loitering near the area, leading to a heated exchange that soon escalated into physical violence. The ruckus continued for long and the police and district collector Pravin Kumar intervened to restore order. Stone pelting took place between TD and YSRC leaders in Tadipatri of Anantapur district. Reports said police inspector Muralikrishna was injured. YSRC cadres pelted stones at TD leader Surya's house. Municipal chairman Prabhakar Reddy sat on a dharna in the police station circle in protest against the attack. In Nandyal district too, a clash occurred between TD and YSRC when YSRC leader Ramesh Naidu went to TD leader Hari's house and confronted him. In a separate incident, there was tension near Ravichettu centre of Atreyapuram mandal in Konaseema district. A clash took place between YSRC-TD workers on Monday night. On Tuesday, both sides challenged each other on WhatsApp groups. Local MLA Chirla Jaggireddy and alliance candidate Bandaru Satyananda Rao entered the scene. As the situation worsened, the police stepped in and took preventive steps
Kotak Arm Announces Rs 400 Crore Investment In Biorad Medisys
KSSF's Chief Executive Eshwar Karra said Biorad is well poised to capture a growth coming out of increasing demand for quality healthcare and added that the government has also been supporting the sector through the Make in India initiative.
Visakhapatnam Lok Sabha constituency records 71.11% polling
The highest and lowest polling percentages of 85.45 and 63.42 are recorded in S. Kota and Visakhapatnam South Assembly seats respectively
Kota NEET aspirant found alive in Uttar Pradesh
Kota NEET aspirant found alive in Uttar Pradesh A 19-year-old NEET aspirant who went missing from his PG room here has been traced in Uttar Pradesh, Kota police said on Tuesday. Bihar native Aman Kumar Singh left his paying guest room in Swarn Vihar colony on the intervening night of May 11 and 12, police said. The Kota police swung into action and through technical investigation and inquiry, they traced Singhs location in Uttar Pradeshs Kushinagar. The local police were contacted and the whereabouts of the missing teen were shared with them and they rescued him on Monday night, Kota city SP Amrita Duhan said on Tuesday. A team of Kota police was also dispatched to Khushinagar, she added. Kunhari circle inspector Arvind Bhrdwaj said the boy was traced on Monday night and is being brought to Kota by the city police. It is clear that the student reached there by his wish. Further details will be ascertained after his statement is recorded here, Bhrdwaj said Singh had been preparing for the entrance exam in the coaching hub for the last two years. He left his phone and a note behind in which he said that he couldn't do well in the NEET exam and won't be able to crack it, police had said. On the basis of CCTV footage, it was found that Singh got onto a bike with another boy and reached Kota Railway Station from where he boarded a train, DSP Rajesh Soni said. Singh, in his note, asked the readers to look for him near the Kota Barrage, located over the Chambal river, but the police couldnt find him there. It is suspected that the student left the note in his room to misguide the police and his parents, he said. On May 6, Rajasthan native Rajendra Prasad Meena (19) went missing from his PG room here. He sent a text message to his parents saying that he did not want to study any further and was leaving home for five years. Meena wrote that he had Rs 8,000 with him and would contact his family or other relatives if need be. Meena is yet to be traced.
US House Speaker Johnson to join Republican parade at Trump hush money trial
US House Speaker Johnson to join Republican parade at Trump hush money trial Republican U.S. House of Representatives Speaker Mike Johnson will join former President Donald Trump at his hush money trial in Manhattan on Tuesday, a person familiar with the matter said. Johnson, the top Republican in Congress, is the latest and most senior party member to attend the proceedings, in which Trump is charged with trying to cover up a payment to an adult film star in the final weeks of his 2016 presidential campaign. North Dakota Governor Doug Burgum, widely seen as a possible Trump running mate, is also due to attend on Tuesday, along with hardline House Republicans Byron Donalds and Cory Mills and former Republican presidential candidate Vivek Ramaswamay. Trump has already drawn support in the form of personal appearance from several Republicans on Capitol Hill including Republican Senators Rick Scott, J.D. Vance - another potential Trump vice president - and Tommy Tuberville. On Monday, Vance, Tuberville and House Republican Nicole Malliotakis stood behind Trump in a courthouse hallway as he railed against the proceedings, the judge and his November rival, Democratic President Joe Biden. Outside the courtroom, the lawmakers echoed Trump's theme that the prosecution is politically motivated and have attacked the credibility of Trump's former lawyer Michael Cohen, a star witness in the case.
Kotak Alt to invest Rs 400 crore in medical device maker Biorad Medisys
Kotak Strategic Situations India Fund II (KSSF II) managed by Kotak Alternate Asset Managers Limited (Kotak Alt) announced investing up to Rs 400 crore in medical device manufacturer Biorad Medisys. The investment will primarily facilitate a new manufacturing plant setup, debt repayment, and increased working capital.
Here's What Mutual Funds Bought And Sold In April
Mutual funds increased their holdings in Kotak Mahindra Bank and Punjab National Bank the most.
Shriram Finance to sell housing finance arm; shares rise 5%. Here's what Kotak says
Shares of Shriram Finance surged more than 5.17 per cent to Rs 2,419 on Tuesday, commanding a total market capitalization of more than Rs 90,000 crore.
Cliffhanger in Andhra Pradesh as voter turnout may touch 80%
VIJAYAWADA: By 5 pm on Monday, 68.04% voters in Andhra Pradesh exercised their franchise. Polling was marred by quite a few incidents of violence in parts of Palnadu, Annamayya and other districts of the State. The final voter turnout, which is expected to touch 80%, will be announced on Tuesday. Serpentine queues were witnessed across several parts of the State as people began making a beeline at polling stations from morning itself. Polling continued till 10 pm in several booths, said Chief Electoral Officer Mukesh Kumar Meena. Pointing out that there were sporadic incidents of violence across the State, particularly in Palnadu district, he said normalcy was restored at these booths as soon as possible so that people could continue to cast their votes. Further, he added that re-polling has not been necessitated anywhere. Meena asserted that the polling percentage is likely to cross the previous mark of 79%. He explained that by 9 am, 9.21% voter turnout was registered and it continued to see a double-digit raise every two hours. YSRC president and Chief Minister YS Jagan Mohan Reddy, along with his wife YS Bharati, TDP supremo N Chandrababu Naidu, his wife Nara Bhuvaneswari, son and party general secretary Nara Lokesh, and daughter-in-law Brahmani, and Jana Sena Party president Pawan Kalyan cast their votes. Instances of violence were reported as several places as supporters of the ruling YSRC and Opposition TDP clashed. Several people were injured, cars were ransacked and EVMs in a few booths were destroyed during these incidents. In Palnadu, supporters of YSRC and TDP sustained injuries during clashes. Narasaraopet town witnessed some tense moments with TDP activists allegedly attacking YSRC MLA Dr Gopireddy Srinivasareddys residence and destroying several cars, prompting the police to fire rubber bullets to disperse the mob. Police fire rubber bullets after TDP activists allegedly attacked YSRC MLA G Srinivasa Reddys house in Narasaraopet | prasant madugula / madhav k / EXPRESS Polling was halted for a while in Thummarakota, and Jettipalem villages after a few miscreants destroyed the EVMs. TDP leaders were attacked and injured in Rentala, allegedly by YSRC men, even before polling began. Macherla TDP candidate Julakanti Brahmanandaiahs car was destroyed and set on fire. Clashes erupted between the TDP and YSRC activists after Macherla YSRC candidate Pinnelli Ramakrishna Reddy was allegedly attacked by TDP members. Sattenapalli, Muppalla, Thondepi, Madala, Dammalapadu, Mokkapadu, and Acchampeta also witnessed attacks. In another incident, vehicles of Narasaraopet TDP MP candidate Lavu Srikrishna Devarayulu were ransacked by YSRC members in Dondaparru village. Miscreants hurled a molotov cocktail at a thatched hut in Tangedu village in Dachepalli mandal of Gurazala constituency, triggering panic in the vicinity. Fortunately, no one was injured. In Tadipatri, sitting MLA Kethireddy Pedda Reddys supporters clashed with TDP candidate JC Asmith Reddys followers. Several cars were damaged in the skirmish. In Sadum mandal of Punganur Assembly constituency in Chittoor district, TDP leaders alleged that their polling agents were abducted by YSRC leaders. Later, the CEO said the kidnapped polling agents were rescued. He asserted that action would be taken against those involved in the incident. In Tenali of Guntur district, local MLA A Shiva Kumar slapped a voter, identified as Sudhakar. In retaliation, the slapped the MLA. The MLAs supporters then thrashed Sudhakar, leading to mild tension at the booth. Later, YSRC supporters and followers of BJP candidate C Adinarayana Reddy attacked each other with stones. The window panes of Adinarayana Reddys car were damaged in the attack. Police resorted to lathi charge. Accusing the TDP of resorting to violence due to fear of loss, YSRC general secretary Sajjala Ramakrishna Reddy exuded confidence that the people of the State voted in favour of the YSRC.
'FPI apathy toward PSU stocks': Why foreign investors still prefer traditional favourites
HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd and Bharti Airtel Ltd are top five FPI portfolio stocks. Axis Bank Ltd, TCS, Kotak Mahindra Bank Ltd, L&T and Mahindra & Mahindra (M&M) are their other top bets.
NDTV Profits special research section collates quality and in-depth equity and economy research reports from across Indias top brokerages, asset managers and research agencies. These reports offer NDTV Profits subscribers an opportunity to expand their understanding of companies, sectors and the economy. Dolat Capital Report Zomato Ltd. reported revenue growth of 8.3% QoQ (our estimate: 7.4%) at Rs 35.6 billion. Food Delivery Biz. topline grew 2.1% QoQ, while HyperPure and Quick Commerce grew 10.7%/19% QoQ respectively. For Food Delivery, gross order value/monthly transacting user posted - 0.6%/1.1% QoQ, leading to adjusted revenue of Rs 20.5 billion, down 0.6% QoQ. Blinkit Biz. achieved adjusted Ebitda break-even for the month of March. Ebitda margin expanded to 2.4% (our estimate: 4.9%) from 1.6% in Q3. Miss happened due to lower contribution and higher ESOP cost (increased from Rs 1.2 billion to Rs 1.6 billion). While robust execution continues to drive revenue upgrade, need for accelerated store expansion in BLINKIT would mean slower than anticipated improvement in Ebitda. We mildly revise our earnings by -0.3%/-1% for FY25E/FY26E and noting well-priced growth and stretched valuations, maintain Sellrating with DCF based target price of Rs 110 (implies 44 times on FY26e earnings per share). Click on the attachment to read the full report: Despite Market Jitters, Mid And Small Caps Still Very Expensive: Kotak AMC's Harsha Upadhyaya DISCLAIMER This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit. Users have no license to copy, modify, or distribute the content without permission of the Original Owner. . Read more on Research Reports by NDTV Profit.
Despite Market Jitters, Mid And Small Caps Still Very Expensive: Kotak AMC's Harsha Upadhyaya
A small time-wise correction may not be sufficient for the mid and small caps to go back to their historical averages, he says.
Transport facility arranged for tribal voters in Andhra Pradesh
VISAKHAPATNAM: District officials in Alluri Sitarama Raju district facilitated the transportation of tribal residents from remote hilltop villages to their respective polling stations to enable them to exercise their right to vote. Remote tribal villagers in ASR district plead for transportation facility This initiative came in response to The New Indian Express s reports highlighting the challenges faced by these communities, particularly the tribals of Kalyan Gummi village in Gumma Panchayat of Ananthagiri mandal, who had to travel nearly 70 kilometres, and the tribals of Dyatri, Madrebu, and Tunisibu villages, who had to cover nearly 30 kilometres to reach their polling stations. Araku Returning Officer and Paderu Integrated Tribal Development Agency (ITDA) Project Officer V Abishek took swift action upon receiving these reports, directing revenue officials to organise transportation for the affected tribals. Consequently, villagers from Madrebu in Pedakota Panchayat commenced their journey from Dayarthi village in Jeenabadu Panchayat to cast their votes at Pedakota polling station numbers 295 and 297. Similarly, tribals from Kalyana Gummi village travelled from Chintalapudi in Devarapalli mandal to Medaparthi Polling Station Number 286, utilising buses provided and arranged by the district administration. In response to this support, the tribals expressed gratitude to the ITDA Project Officer and other district officials for facilitating transportation, which allowed them to participate in the electoral process. Further, they conveyed optimism that authorities would address their longstanding need for improved road connectivity to their villages in the near future. Tribals of Buruga and Chinakonela hilltop villages carry elderly women to polling stations on Monday For tribal residents from remote hilltop villages and villages situated far away in Anantagiri, Muchinputtu, and Pedabayalu mandals, transportation arrangements have been made. Buses, jeeps, and cars have been provided to ensure their access to polling stations. In the case of Gumma Panchayat, where residents would have had to trek 16 kilometres downhill, they were instead directed to travel 2 kilometers to Devarapalli in Anakapalle, from where buses were arranged, the ITDA Project Officer said. He further mentioned that similarly for villages like Dayarthi and others, seven to eight jeeps were organised to shuttle voters to and from the polling stations. These jeeps transported one group of voters to cast their votes, dropped them off, and then returned to bring another group. Additionally, five jeeps were allocated for tribal residents from Bongaputtu and Kosaputtu villages in Lakshmipuram Panchayat who were voting for the first time. Furthermore, 10 jeeps were arranged for residents from Munchigputtu. These additional transportation facilities have played a crucial role in encouraging voters to participate in the electoral process, he added. However, despite these efforts, some tribals, like those from China Konela, and Buruga, were still faced with significant challenges. With no road access, these villagers had to trek 15 kilometres to reach their polling stations.They transported elderly residents using Dolis (makeshift stretchers). China Konela and Buruga, situated in Anantagiri mandal, house approximately 150 voters. The villagers emphasised the urgent need for government intervention to lay roads, underscoring the critical importance of infrastructure development for remote tribal settlements.
Controversy erupts as Madhavi Latha asks burqa-clad voter to lift her veil during polls in Telangana
HYDERABAD: BJP Hyderabad Lok Sabha candidate K Madhavi Latha landed in controversy on Monday after a video clip of her asking burqa-clad Muslim women to reveal their faces at a polling booth so that she could match them with the photographs on their voter ID cards went viral. A case was registered under relevant Sections of the IPC and Representation of the People Act. The Hyderabad Collectors office confirmed in a post on X that a case against the BJP candidate was registered in the Malakpet police station under Sections 171C (voluntarily interfering in the exercise of electoral right), 186 (voluntarily obstructing a public servant from discharging of duties) and 505 (1)(c) (circulation of a statement with an intent to incite a class or community) of the IPC, besides Section 132 of the Representation of the People Act. According to the complaint filed by Booth Level Officer (BLO) M Aruna, Madhavi Latha engaged in inappropriate behaviour with a voter. The incident occurred when Rafatunnisa, a voter, arrived at the polling station to vote. It is alleged that Madhavi Latha took Rafatunnisas ID card and lifted her burqa reportedly without her consent. Claiming discrepancies between the voters ID card photo and her actual appearance, Madhavi Latha reportedly instructed Rafatunnisa to return home and verify her identity using her Aadhaar card, insisting that she remove her niqab (veil) for a thorough check. Rafatunnisa, feeling humiliated, left the polling booth without casting her vote. The AIMIM lodged a complaint with the Election Commission of India (ECI) after a video clip of Madhavi Lathas actions in the polling booth emerged. Clarifying on the matter, election authorities said that no candidate has the right to lift someones (veil) to check her identity. If there is suspicion, a candidate can ask the polling officer to verify a voters identity, they added. #WATCH | Telangana: BJP candidate from Hyderabad Lok Sabha constituency, Madhavi Latha visits a polling booth in the constituency. Voting for the fourth phase of #LokSabhaElections2024 is underway. pic.twitter.com/BlsQXRn80C ANI (@ANI) May 13, 2024 When polling was underway, Madhavi Latha visited polling booths and at a polling booth at Azampura in the Malakpet assembly segment, she halted and started checking EPIC cards of the burqa-clad women waiting to franchise their vote. The BJP candidate alleged that there were several discrepancies in the voters list and hence she came there to verify the same. She was seen cautioning poll personnel about facial identification. Later, Madhavi Latha defended her decision and said there was nothing wrong in her asking some women voters to verify their identity. I am a candidate, and every candidate has the right to verify the credentials of the voters wearing face masks or burqa, she told reporters. City police chiefs response Later in the day, Hyderabad Police Commissioner Kothakota Sreenivasa Reddy said: ARO has filed a complaint against the candidate for checking the identity of a voter. It is the job of the polling officers and not even the candidates. He confirmed that a complaint was lodged and the police registered a case against Madhavi Latha. Meanwhile, a senior police officer confirmed that another case was registered against Madhavi Latha with the Mangalhat police during the polling hours. The officer said that some party workers were distributing flyers during polling near a booth. The police seized the flyers. However, Madhavi Latha was not present there at that time. She later learnt about the seizure and came to the police station and snatched the flyers. Accordingly, a case was registered against Madhavi Latha. Meanwhile, tension prevailed in the Old City with BJP and AIMIM workers shouting at each other till the police chased them away.
MFs lap up commodity and metal stocks; some buy Kotak Bank, too
Vedanta, Hindalco, NMDC, GAIL India and ONGC were among the top picks in that space. Some leading mutual funds also lapped up Kotak Mahindra Bank, whose shares have been beaten down after the Reserve Bank of Indias ban on the private lender from issuing new credit cards and onboarding new customers through mobile and online banking, and the exit of joint managing director KVS Manian. Some funds bought shares of Axis Bank, while sold ICICI Bank and Jio Financial Services.
Three tribal voters injured severely in accident
Visakhapatnam: Eighteen of the 35 tribal voters belonging to Velamamidi, Cheedivalasa, and Thatipelli hilltop villages in Anantagiri mandal of Alluri Sitarama Raju suffered injuries when the van in which they were travelling to Peddakota panchayat polling booth overturned near Kudia village in the agency area. Three of the injured Ulli Chinna, Ulli Endamma, and Ulli Iswaramma from Thatipelli village, are serious and fighting for their lives in the area hospital. Mandal secretary S. Nagulu has requested the government to provide the injured quality medical care. Three months ago, another van had overturned in the area leading to one death. Villagers are holding Anantagiri revenue officials responsible for the latest incident, as they have not taken corrective measures at the accident spot. A political party had arranged the ill-fated van on Monday, so that the voters could go to polling booth number 295 in Peddakota panchayat of Anantagiri mandal in Alluri Sitarama Raju district and exercise their franchise.
Indian Naval Ships IMS Delhi and INS Shakti reach Malaysia
Two Indian Naval ships Delhi and Shakti under the command of R Adm Rajesh Dhankhar, Flag Officer Commanding Eastern Fleet arrived at Kota Kinabalu, Malaysia as part of the Indian Navys Operational Deployment. The ships were accorded a warm welcome by the Royal Malaysian Navy and the High Commission of...
INS Delhi and Shakti make port call at Malaysia's Kota Kinabalu
Another Medical Exam NEET Aspirant Goes Missing From Rajasthan's Kota
Nearly a week after a NEET aspirant left his PG room here with Rs 8,000 in his pocket, another 19-year-old preparing for the medical entrance exam in Kota has gone missing.
Three tribal voters severely injured in road accident
The three severely injured are shifted to King George Hospital in Visakhapatnam, the rest are shifted to Primary Health Centre at Pinnakota
Hyderabad: Seniors Citizens flock to polling stations to cast votes
Election Commission's Systematic Voters Education and Electoral Participation (SVEEP). Election Commission's Systematic Voters Education and Electoral Participation (SVEEP). Hyderabad: Embracing the challenges, many senior citizens in Telangana, particularly in Hyderabad have flocked to polling stations to cast their votes on Monday. Some elders With the help of walking sticks, while some used the wheelchairs available at the polling booths have exercised their franchise in the fourth phase of general elections. The polling volunteers have also extended their support to the senior citizens as they defy the odds to cast a vote. While many elders have used the experimental 'vote at home' service launched by the election commission this year, some seniors have opted to visit polling stations. Tollywood veteran actor, Kota Srinivas Rao has also casted his vote at a polling booth in Jubilee Hills. The 81-year-old actor was assisted by a volunteer. Telangana has recorded a 24.31 percent voter turnout till 11 am.
Chiranjeevi, Jr NTR, Allu Arjun and others cast their vote
Tollywood celebrities who play a major role when it comes to influencing the public to cast their vote have made their presence at their respective polling booths today in Hyderabad to cast their vote. For the MP elections happening in Telangana, celebrities like Megastar Chiranjeevi, Junior NTR, Kalyan Ram, and Allu Arjun have already cast their vote during the early hours of Monday. Talking to the media at the polling booth, Chiranjeevi requested everyone to come out of the comfort of their homes and cast their vote. He also conveyed his best wishes to brother Pawan Kalyan. Making it clear about the assumptions made on him, Allu Arjun said that he's not aligned with any political party. He said he was in Nandyal only to support his friend Shilpa Ravi Reddy. Actor Manchu Manoj, Srikanth, Kota Sreenivas Rao, director Rajamouli with wife Rama Rajamouli and others have also cast their vote. On the other hand, Pawan Kalyan, with his wife Anna, cast his vote in Mangalaviri. He was mobbed by fans at the polling centre, with people wishing him good luck.
Kotak Mahindra Bank Spent A Lot On IT, But It May Not Have Spent It RightNDTV Profit Exclusive
While spending has been strong, appropriate budgeting of this spending was where Kotak Mahindra Bank missed the bus.
Medieval-era relief art found along Chambal river in Kota
Kotak Mahindra Life Insurance raises a heartfelt toast to all moms this Mothers Day
Mother's Day is universally celebrated on the second Sunday of May. However, when someone showers us with unconditional love and makes our lives easier every single day, shouldn't they be celebrated every day? Amidst the never ending chores, work obligations, raising children, and supporting the family, mothers often carry out their responsibilities without a single complaint, never seeking anything in return. Unfortunately, sometimes we might just forget how much they do for us. This Mother's Day, let's aim to break away from the tradition of materialistic gifts and instead, take the opportunity to truly connect with our mothers. Aiming to do the same, Kotak Mahindra Life Insurance launches a heartwarming Mothers Day campaign in hopes of spreading the message to more and more viewers. The campaign is just like a big warm hug to all other mothers; something they long from us everyday. The campaign shows us a glimpse into the lives of mothers, exhausted from their day's chores, stealing moments of rest whenever they can. Yet, it's their children who perform small acts of kindness that make these tired moments so meaningful. It's the little gestures, like tucking a pillow under their head as they rest, draping a blanket over them, or gently moving their laptops aside while they sleep, that truly touch our hearts. These simple actions are a reminder of the power of love and empathy. They take us back to the essence of Mother's Day, urging us to move beyond materialistic gifts and embrace the beauty of heartfelt gestures. Through this campaign, Kotak Mahindra Life Insurances tributes all the small acts of kindness, the sacrifices made silently, and the love mothers give without expectation of anything in return. It encourages us to sit down with our mothers, express our feelings openly, and genuinely inquire about their day. Even though there's no perfect way to thank our moms, let's never stop trying to find one. Let's show them the appreciation they deserve, not just on one designated day, but every day.
INS Delhi and Shakti make port call at Malaysias Kota Kinabalu
INS Delhi and Shakti make port call at Malaysias Kota Kinabalu New Delhi: Indian Naval Ships (INS) Delhi and Shakti arrived for port calls at Malaysias Kota Kinabalu on Sunday, as part of the operational deployment of the Indian Navys Eastern Fleet to South China Sea. The ships will engage with the Royal Malaysian [] The post INS Delhi and Shakti make port call at Malaysias Kota Kinabalu appeared first on Mangalorean.com .
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.
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.
Hyderabad CP holds briefing session ahead of polls in state
HYDERABAD: In preparation for the upcoming General Elections 2024, Hyderabad CP Kothakota Sreenivasa Reddy, along with officers, conducted a comprehensive briefing session at the Shivkumar Lal Police Stadium in Goshamahal on Saturday. Attended by home guards from Hyderabad City Police and Karnataka state, who are deployed for election duties, as well as Special Police Officers (SPOs), the briefing addressed crucial aspects of election management and security. Officers from various wings including Traffic, Women Safety Wing, and Crime Investigation were briefed on their roles and responsibilities during the election period. The misuse of public or private transport for ferrying of voters will be strictly prohibited. In anticipation of long queues at polling stations, provisions were made for voters to cast their ballots even after the designated closing time, based on instructions from presiding officers and the issuance of tokens, said the CP. Additionally, strict guidelines were reiterated regarding the use of mobile phones within polling stations. While Booth Level Officers (BLOs) with valid identification cards will be allowed inside, voters will be required to deposit their mobile phones at designated counters.
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.
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.
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.
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.
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)
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
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.'
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
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.
Man stabs 10-yr-old son to death in Kota
Four child marriages stopped in Kota
US Republican attorneys general sue to stop EPA's carbon rule
US Republican attorneys general sue to stop EPA's carbon rule Republican attorneys general from 27 U.S. states and an electric utility trade group sued the Environmental Protection Agency on Thursday, seeking to block a landmark rule requiring sweeping reductions in carbon emissions from existing coal-fired power plants and new natural gas plants. The rule, finalized by President Joe Biden's administration last month as part of an effort to combat climate change, was challenged in three lawsuits filed in the U.S. Court of Appeals for the District of Columbia Circuit, including one by 25 states spearheaded by West Virginia and Indiana, another by Ohio and Kansas and a third by the National Rural Electric Cooperative Association. The rule mandates that many new gas and existing coal plants reduce their greenhouse gas emissions by 90% by 2032. The requirements are expected to force the U.S. power industry to install billions of dollars' worth of emissions control technologies or shut down the dirtiest facilities running on coal. The regulations are part of Bidens broader climate agenda and target a sector that is responsible for nearly a quarter of the country's greenhouse gas pollution. The EPA declined to comment. West Virginia Attorney General Patrick Morrisey said in a statement that the regulations are based on emissions reduction technologies that have not been meaningfully deployed in the real world, exceed the EPA's authority under the Clean Air Act, and would radically transform the nations energy grid without explicit congressional permission to do so. He said the rule is setting up the plants to fail and therefore shutter, altering the nations already stretched grid. National Rural Electric Cooperative Association CEO Jim Matheson, whose organization represents nearly 900 local electric cooperatives, said in a statement that the rule is unlawful, unreasonable and unachievable. The lawsuit came a day after 23 Republican attorneys general from states including West Virginia, North Dakota and Texas challenged a different EPA rule that limits the amount of mercury and other hazardous pollutants that can be emitted from power plants. Legal experts say the EPA's assertion that the emissions reductions are feasible if power plants install carbon capture and sequestration (CCS) technologies - which capture emissions before they are released into the atmosphere - is likely to be a major issue in the litigation. The Clean Air Act requires the EPA to set standards that are attainable using technologies that are adequately demonstrated. But while the EPA said it believes CCS is viable and cost-effective, opponents say the technology is not ready to be deployed at power plants across the country. CCS has been installed at dozens of facilities that process various fuels, but just four coal-fired power globally have CCS installed, according to the Global CCS Institute. Theyve taken a pretty aggressive view of what it means to have something be adequately demonstrated, and I just think the Supreme Court will look at this and say EPA is out over its skis, said Jeff Holmstead, a lawyer at the law firm Bracewell and a former EPA official during the administration of Republican former President George W. Bush. But supporters say billions of dollars in funding in the 2022 Inflation Reduction Act will make CCS cost effective, and the Clean Air Act is designed to force technological advances. The law was developed to make sure these newer and yet-to-be-deployed technologies are deployed, said Jay Duffy, a lawyer at the Center for Applied Environmental Law and Policy.
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.
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
