74% of northeast monsoon rains in 8 days sinks Chennai, kills 12

News Network
November 4, 2017

Chennai, Nov 4: Rain continued to come down in sheets till late Friday night in Chennai, taking the death toll from the northeast monsoon to 12 so far, and the city's total rainfall to close to three-fourths of the average for a season that has just got started.

The city had by 8.30am on Friday — mostly from a mere eight days since the northeast monsoon set in on October 27 — already recorded 554.2mm of rainfall this year, or 74% of the long-term average of 750mm it receives annually in the rainy season, which the IMD calculates between October 1 and December 15.

Chennai had till Friday recorded 441.3mm of rainfall (58.84% of the seasonal average) from the northeast monsoon, Met office data showed.

Thursday's rain was Chennai's third-highest in history in a single day for November, behind only 452.2mm in 1976 and 246.15mm in 2015. It continued on Friday evening after a brief break, leaving the city precariously placed.

Several localities reported flooding, especially of interior roads, and the showers hit traffic for a second straight day. The Chennai district collector declared Saturday, a school holiday. Most districts have recorded more than average rainfall for the season so far, the Met office said.

Water levels in temple tanks started rising after monsoon struck Chennai and its neighbouring districts. A poor monsoon last year had left several temple tanks parched, and water in them has been met with enthusiasm among residents, as it also helps recharge groundwater levels.

Meanwhile, facing public ire amidst heavy rains and inundation, the Edappadi K Palaniswami government went on the offensive on Friday, listing out various flood-prevention as well as rehabilitation measures undertaken by the government.

Leading the charge, CM Palaniswami, who visited Mudichur and Perungalathur along with his deputy O Panneerselvam, said: "We have seen Bengaluru and Mumbai getting inundated during rain. But due to the execution of the (disaster management) plan envisaged by Amma's government in 2015 on how to remove flood water from low-lying areas, there is not much water stagnation today. People are unaffected."

A stretch of 300km, out of 386km-long drain network project, has been completed at a cost of Rs 1,100 crore in Chennai, as announced by Jayalalithaa during her tenure, Palaniswami said.

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News Network
January 29,2020

New Delhi, Jan 29: The Janata Dal (United) today expelled its vice-president Prashant Kishor and senior leader Pavan Kumar accusing them of "anti-party" activities.

Both the leaders have been attacking the party leadership over its pro-CAA stand.

The spat between Nitish Kumar and Kishor was out in the open yesterday when the former reminded the political strategist that he was inducted into the party on the recommendation of Union home minister Amit Shah.

It all began when Nitish, while talking to the media here, said, “I don’t have any problem if he (Kishor) wants to leave the party. But if he wants to stay, then he will have to follow the basic structure of the party.”

Varma had also questioned the JDU's alliance with the BJP in Delhi Assembly polls while Kishor has more than once voiced his differences with the party known on the issue of CAA and NRC.
 

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News Network
January 10,2020

New Delhi, Jan 10: One woman reported a rape every 15 minutes on average in India in 2018, according to government data released on Thursday, underlining its dismal reputation as one of the worst places in the world to be female.

The highly publicised gang rape and murder of a woman in a bus in New Delhi in 2012 brought tens of thousands onto the streets across India and spurred demands for action from film stars and politicians, leading to harsher punishments and new fast-track courts. But the violence has continued unabated.

Women reported almost 34,000 rapes in 2018, barely changed from the year before. Just over 85% led to charges, and 27% to convictions, according to the annual crime report released by the Ministry of Home Affairs.

Women's rights groups say crimes against women are often taken less seriously, and investigated by police lacking insensitivity.

"The country is still run by men, one (female prime minister) Indira Gandhi is not going to change things. Most judges are still men," said Lalitha Kumaramangalam, former chief of the National Commission for Women.

"There are very few forensic labs in the country, and fast-track courts have very few judges," said Kumaramangalam, a member of Prime Minister Narendra Modi's Bharatiya Janata Party (BJP).

The rape of a teenager in 2017 by former BJP state legislator Kuldeep Singh Sengar gained national attention when the accuser tried to kill herself the following year, accusing the police of inaction.

Five months before Sengar was convicted last December, the accuser's family had to be provided with security after a truck crashed into the car she was in, injuring her and killing two of her relatives.

A 2015 study by the Centre for Law & Policy Research in Bengaluru found that fast-track courts were indeed quicker, but did not handle a high volume of cases.

And a study in 2016 by Partners for Law in Development in New Delhi found that they still took an average of 8.5 months per case - more than four times the recommended period.

The government statistics understate the number of rapes as it is still considered a taboo to report rape in some parts of India and because rapes that end in the murder are counted purely as murders.

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News Network
May 9,2020

May 9: Two more companies are said to be eyeing stakes in Reliance Jio Platforms, the $65-billion digital unit of Mukesh Ambani-controlled Reliance Industries, suggests a Bloomberg report. If these deals materialise, they would add to a growing list of firms that have recently invested in the Indian company.

US private equity firm General Atlantic was considering investing about $850 million to $950 million in the Mumbai-based company, a Bloomberg report said, citing people with knowledge of the matter.

The deal could be completed as soon as this month, though no agreement had been finalised and plans may change, it added.

Saudi Arabia's Public Investment Fund (PIF) is also considering to buy a minority stake in Jio, Bloomberg said in a separate report.

General Atlantic declined to comment on the report, while Jio and PIF did not immediately respond to Reuters request for comment. Hours earlier on Friday, Reliance Industries announced a $1.5 billion stake sale in Jio to Vista Equity Partners, the third deal in just over two weeks.

The conglomerate cut a $5.7 billion deal with Facebook for a 9.99 per cent stake in Jio on April 22 and a few days later, it secured a $750 million investment from private equity firm Silver Lake.

Together the three deals will inject a combined $8 billion in the telecoms-to-energy group and help it pare its debt.

Vista's investment gave Jio an equity value of Rs 4.91 trillion ($65 billion) and an enterprise value of Rs 5.16 trillion, said Reliance, controlled by billionaire tycoon Mukesh Ambani.

The potential investments from New York-based General Atlantic and the Saudi sovereign wealth fund, which manages over $300 billion in assets, would inject money on top of the $8 billion which Jio has already raised.

Saudi's PIF has been buying minority stakes several companies. Last month, it disclosed an 8.2 per cent stake in coronavirus-hit Carnival Corp, sending the cruise operator's shares up nearly 30 per cent higher.

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