42 killed in UP, 24 in Rajasthan as powerful dust storm leaves trail of destruction

Agencies
May 3, 2018

New Delhi, May 3: A heavy dust storm swept across several parts of western and northern India on Wednesday, killing at least 68 people and injuring hundreds in Uttar Pradesh, Rajasthan and Uttarakhand and leaving a trail of destruction, uprooting trees and disrupting power supply in Punjab and Haryana as well.

At least 42 people were killed in four districts of western Uttar Pradesh. thirty six people were killed in Agra, three in Bijnore, two in Saharanpur and one in Bareilly, state government officials said.

Bharatpur suffered the maximum damage in Rajasthan in terms of loss to life as 12 people were killed in the district. Six people died in neighbouring Dholpur in the high-speed dust storm that started around 7pm and wreaked havoc for two hours.

Four deaths were reported from Alwar and one each from Jhunjhunu and Bikaner.

Most deaths occurred in house collapse due to the storm, officials in Rajasthan said.

Uttarakhand Disaster Mitigation & Management Centre (DMMC) said at least two people were killed in Kumaon and few more injured in other parts after rains and thunderstorm lashed the hill state on Wednesday night.

A squall and dust storm followed by heavy rain also lashed New Delhi on Wednesday evening and caused traffic snarls in some parts of the national capital.

Normal life was also hit in many places in Punjab and Haryana, including Chandigarh, on Wednesday after a high-velocity dust storm. Light to moderate rains also lashed many places.

Thunderstorm, rains in Uttar Pradesh

At least 42 people were killed and dozens of others injured in thunderstorm and rains in four districts of western Uttar Pradesh on Wednesday night.

The state government officials said 36 people were killed in Agra, three in Bijnore, two in Saharanpur and one in Bareilly. Chief minister Yogi Adityanath directed the district magistrates of the four districts to carry out relief and rescue operations immediately.

Destruction in Rajasthan

Rajasthan chief minister Vasundhara Raje condoled the deaths and said in a series of tweets that she has directed ministers and officials in the affected areas to begin relief work and restore utilities.

“An unfortunate incident, we have been working closely with local authorities to mitigate the situation,” Raje tweeted.

“Shri Gulabchand Kataria ji shall be monitoring situation at Alwar, Shri Arun Chaturvedi ji in Dholpur; Shri Kalicharan Saraf in Bharatpur & Shri Surendrapal Singh ji in Jhunjhunu. The Govt. stands firmly with its people in this time,” she added.

The storm left a trail of destruction and uprooted hundreds of trees and electricity poles.

Bharatpur divisional commissioner Subir Kumar said a compensation of Rs 50,000 will be given to families of the those killed in the dust storm from the Chief Minister’s Relief Fund.

The storm also caused major destruction in Alwar where more than 100 trees were uprooted, many of which fell on stationary vehicles and snapped electricity cables. The power distribution company switched off electricity to prevent further damage.

Alwar’s collector Rajan Vishal confirmed three deaths in the district and said Rakesh Sharma and Mukesh Mahajan were killed in Alwar city and Bhagwani in Bansur.

“Twenty injured have been admitted to the trauma ward in the government hospital in Alwar,” he said.

The collector said a survey of the damaged property has also been ordered as thunderstorm is in the list of national calamities. Private schools in Alwar city are closed on Thursday.

Rains in Uttarakhand

In Uttarakhand, the sudden rains also halted the ongoing Char Dham pilgrimage. Officials, however, said debris from the roads were cleared particularly in Chamoli and Uttarkashi districts.

There were reports of a cloudburst in Narayan Bagar of Chamoli as the rainwater brought tons of debris. Police in Chamoli, however, denied the cloudburst.

“Some vehicles were trapped as the rains and debris blocked the Badrinath highway. The highway has been cleared now,” it said in an official communiqué.

The storm uprooted many trees and snapped electricity supply in state capital Dehradun.

Villages in the Jaunpur area near Mussoorie were also reeling in the dark. Reports suggest electricity and water supply has also been affected in Nainital, Haldwani and several other remote locations.

Weather department officials said the downpour and thunderstorm are expected to continue for another 48 hours especially in the hilly regions like Chamoli, Uttarkashi, Rudraprayag and Pithoragarh districts.

A fresh western disturbance is approaching and likely to affect the western Himalayan region from May 5, the Meteorological Centre, Uttarakhand warned.

Rainfall in Delhi

Apart from traffic snarls, 15 flights, including two international, were diverted due to the bad weather, airport officials in Delhi said.

A squall with a wind speed of 59 km per hour hit the city in the evening, the met department said. The Safdarjung observatory, whose recording is considered the official figure for Delhi, recorded 13.4mm rainfall.

The weather office has forecast overcast skies along with the possibility of a drizzle on Thursday.

“The maximum and minimum temperatures are expected to hover at 36 and 26 degrees Celsius respectively,” the weatherman said.

Punjab and Haryana hit

Many parts of Punjab including Mohali, Zirakpur, Patiala, Ludhiana and Muktsar were hit by the dust storm. The storm, with wind speed exceeding 45 kmph, hit Chandigarh during the afternoon, forcing vehicles to move with their headlights on as visibility level reduced considerably.

Panchkula, Karnal, Mahendergarh and Ambala were among the other places in Haryana that were hit by the dust storm.

There were reports of trees being uprooted on several roads in the region while power supply was also hit for a brief period due to the storm.

The met department said the maximum temperatures dropped at many places in the region after dust storm and rain.

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Agencies
June 18,2020

New Delhi, Jun 18: Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms - the maximum reports suggest the company intends to dilute to financial investors.

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore", the company said in a statement.

With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic, resulting in a recession kind of environment for the global economy.

"With the addition of PIF's investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India," the statement said.

Jio Platforms houses India's biggest telecom firm by subscribers, Reliance Jio. With more than 388 million users, Jio has forced out several rivals and driven consolidation in the sector since entering the market in 2016 with free voice services and cut-price data.

Over the past two months, billionaire Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets, completed a Rs 53,124 crore rights issue and slowed the run rate of new investment by a quarter.

These will help Reliance meet its target of paying off Rs 1.61 lakh crore of net debt by the end of the year.
This is PIF's largest investment into the Indian economy to date.

Ambani, chairman and managing director of Reliance Industries, said, "We at Reliance have enjoyed a long and fruitful relationship with the Kingdom of Saudi Arabia for many decades. From oil economy, this relationship is now moving to strengthen India's New oil (data-driven) economy, as is evident from PIF's investment into Jio Platforms."

Yasir Al-Rumayyan, governor of PIF, commented: "We are delighted to be investing in an innovative business which is at the forefront of the transformation of the technology sector in India. We believe that the potential of the Indian digital economy is very exciting and that Jio Platforms provides us with an excellent opportunity to gain access to that growth."

"This investment will also enable us to generate significant long-term commercial returns for the benefit of Saudi Arabia's economy and our country's citizens, in line with our mandate to safeguard and grow the national wealth of the Kingdom," he said.

The transaction is subject to Indian regulatory and other customary approvals.

Morgan Stanley acted as financial advisor to Reliance Industries and AZB & Partners and Davis Polk & Wardwell acted as legal counsels.

Prior to this deal, Reliance had sold 22.38 per cent of Jio Platforms to investors including Facebook Inc, securing Rs 104,326.95 crore in eight weeks.

Facebook kicked off the party, investing Rs 43,573.62 crore for a 9.99 per cent stake on April 22. This was closely followed by a further Rs 60,753.33 crore in investment.

Silver Lake - the world's largest tech investor - bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore on May 4. It invested another Rs 4,546.80 crore for additional 0.93 per cent stake on June 5, taking its total holding to 2.08 per cent
Private equity KKR and Vista Equity Partners have taken 2.32 per cent stake each for Rs 11,367 crore apiece. KKR invested in Jio Platforms on May 22 while Vista invested on May 8.

Abu Dhabi sovereign wealth fund Mubadala Investment Co picked up 1.85 per cent in Jio Platforms for Rs 9,093.60 crore on June 5. Abu Dhabi Investment Authority on June 7 invested Rs 5,683.50 crore for a 1.16 per cent stake in Jio Platforms.

On May 17, global equity firm General Atlantic picked up 1.34 per cent stake in Jio Platforms for Rs 6,598.38 crore.

Global investment firm TPG on June 13 picked up 0.93 per cent for Rs 4,546.80 crore while L Catterton bought 0.39 per cent for Rs 1,894.50 crore.

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News Network
January 30,2020

New Delhi, Jan 30: Tension spiralled in Jamia Nagar on Thursday after a man fired a pistol at a group of anti-CAA protesters, injuring a Jamia Millia Islamia student before walking away while waving the firearm above his head and shouting "Yeh lo aazadi" amid heavy police presence in the area.

Massive protests erupted in the area after the incident with hundreds of agitated people gathering near the university, breaking barricades and clashing with police personnel.

The man, who identified himself as "Rambhakt Gopal", was subsequently overpowered by police and detained. He was taken into custody and was being interrogated, police said.

The entire drama, which triggered panic in the area, was captured by television cameras that showed the man in light coloured pants and a dark jacket, walking away on an empty road barricaded by police, turning around and shouting at the protesters in Hindi, "Here, take this freedom."

The gunman went live on Facebook before the brandishing the gun. Police said they were verifying whether it is his real name.

Before the attack, the man also put out messages on Facebook stating "Shaheen Bhag Khel Khatam" (Run Shaheen, the game is over). Another message stated, "Please wrap me in saffron in my last journey with slogans of Jai Shri Ram". His Facebook profile was deleted after screenshots of his posts were circulated widely on social media platforms.

Several students recapped how their peaceful march on Gandhi's death anniversary became violent.

"We were moving towards the Holy Family Hospital where the police had raised barricades. Suddenly, a gun-wielding man came out and opened fire. One bullet hit my friend's hand," Aamna Asif, a student of economics at the university, told PTI.

She said her friend, Shadab Farooq, a mass communication student, was trying to calm the attacker but he shot at him injuring his left hand.

Farooq, who belongs to Kashmir, was taken to the AIIMS Trauma Centre.

Ragibh Naushad, an LLB student at the university, said, "The Jamia Coordination Committee organised a march to pay homage to Gandhi ji on his death anniversary. It started at 12 noon from Gate number 7, but police denied the permission and stopped the march near the Holy Family hospital.

"A man named Gopal, came there and started brandishing a weapon and later shot a round. He was also chanting pro-CAA slogans."

The incident led to panic in the area.

Khalid Hassan, a JMI alumnus, said initially many were not sure whether it was a gunshot or a tyre burst.

There was heavy police and media presence when the incident took place.

The students were heading from Jamia to Mahatma Gandhi's memorial Rajghat. The march was stopped at the Holy Family Hospital near the university.

Chinmoy Biswal, DCP (southeast), said the students wanted to take out a march from Jamia to Rajghat but were denied permission.

"They were being repeatedly told that the protest should be carried out peacefully. We had barricaded the road just before the Holy Family hospital. Meanwhile, a person was seen in the crowd who waved something which appeared to be a weapon."

"We have detained him and are interrogating him. One person has also been injured," Biswal said.

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News Network
May 13,2020

New Delhi, May 13: Union Finance Minister Nirmala Sitharaman will address a press conference in New Delhi at 4 pm on Wednesday.

The information regarding the press conference by the Union Finance Minister was given through a tweet by the Ministry of Finance today morning.

Sitharaman's press conference comes a day after Prime Minister Narendra Modi announced USD 265 billion fiscal stimulus to deal with COVID-19 situation in the country. The package is the second largest in Asia after Japan.

"I announce a special economic package today. This will play an important role in the 'Atmanirbhar Bharat Abhiyan.' The announcements made by the government over COVID, decisions of RBI and today's package totals to Rs 20 lakh crore (USD 265 billion). This is 10 per cent of India's GDP," the Prime Minister said in his address to the nation on Tuesday.

"This economic package is for our small-scale industries, MSMEs, which are the means of livelihood of crores of people and is the strong base of our resolve for self-reliant India. To prove the resolve of self-reliant India, the emphasis has been given on land, labour, liquidity and laws, in this package," he added.

The PM had also said that the economic package is for "the country's workers, farmers, who are working hard day and night for the countrymen in every season. This economic package is for the middle class of our country, who pays tax honestly and contributes to the development of the country."

He had announced that the fourth phase of the nationwide COVID-19 induced lockdown would be in "new form with new rules."

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