Kerala rain fury: Toll rises to 59; Rahul to tour state

Agencies
August 11, 2019

Thiruvananthapuram, Aug 11: The death toll in the monsoon fury in Kerala rose to 59 on Sunday with two bodies being recovered while there was a slight let up in the rains in some regions in the state, officials said.

According to official sources, one body each was recovered this morning from Kozhikode and Alapuzha districts, which are among the badly hit by the torrential rains since last week.

Chief Minister Pinarayi Vijayan held a meeting with senior officials on Sunday morning to review the flood situation.

They also discussed about the search operations at Kavalappara and Puthumala in Malappuram and Wayanad districts respectively, where several people are feared to have been buried alive four days ago in two major landslides.

Over 1.65 lakh people have taken shelter in 1,318 relief camps across the southern state where the rains have triggered numerous landslides or caused floods in most of its 14 districts.

There were reports of let up in rains some parts while the meteorological Department (IMD) issued a red alert for three districts - Wayanad, Kannur and Kasaragod for Sunday.

Congress leader Rahul Gandhi will arrive on a two-day visit to Kerala this afternoon and would visit his Lok Sabha constituency Wayanad, which is among the worst affected.

He is expected to visit relief camps at Kottakal in Nilambur, Mambad, Edavannappara and attend a review meeting at the Malappuram collectorate, Congress sources said.

Gandhi will visit the affected areas in Wayanad on Monday.

The international airport at the state's commercial capital Kochi, which was closed for two days after inundation of the runway, will resume operations this noon.

The Southern Railway on Sunday fully cancelled 10 trains including the Mangaluru-Thiruvananthapuram Express, Maveli Express, Malabar Express, Kannur-Ernakulam Intercity Express, Ernakulam-Bengaluru Intercity express and four passengers.

Seven trains have been paritally cancelled and two trains diverted, it announced.

Various agencies, including the Army, Navy, Coast Guard, NDRF, police force, volunteers and fishermen are involved in the rescue operations at various places.

This is the second consecutive year that the floods and landslides have ravaged Kerala which is yet to recover from the devastating deluge that claimed over 400 lives last year and had rendered lakhs homeless.

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News Network
February 17,2020

New Delhi, Feb 17: Two alleged criminals were killed in an exchange of fire with the Special Cell of Delhi Police at Pul Pehlad Pur area in New Delhi on Monday morning, officials said.

The encounter took place around 5 am, they said.

Raja Qureshi and Ramesh Bahadur, who were injured during the encounter, were rushed to a nearby hospital, where they were declared brought dead by doctors, Deputy Commissioner of Police (Special Cell) P S Kushwah said.

According to police, the two men were involved in multiple cases of murder and robbery.

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Agencies
July 2,2020

Lucknow, Jul 2: Senior BJP leader Uma Bharti Thursday appeared in person before a special court here conducting trial in the 1992 Babri mosque demolition case.      

The special CBI court is currently recording the statements of 32 accused under CrPC section 313 (court's power to examine the accused), a stage in the trial that follows the examination of prosecution witnesses.

The 61-year-old saffron clad BJP leader is the 19th accused to depose before the court in the over 27-year-old case. Thirteen other alleged accused, including former deputy prime minister LK Advani and senior BJP leaders MM Joshi and Kalyan Singh are yet to be examined at this stage. Their lawyers have indicated to the CBI court that they prefer to appear through video conferencing. 

The mosque in Ayodhya was demolished in December 1992 by 'kar sevaks' who claimed that an ancient Ram temple had stood on the same site. The CBI court is conducting day-to-day hearings to complete the trial by August 31, as directed by the Supreme Court.

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News Network
July 23,2020

New Delhi, Jul 23: Riding high on foreign investors buying stakes in Jio Platforms, Reliance Industries Ltd Chairman Mukesh Ambani became the world’s fifth-richest person Wednesday, edging past American investor Warren Buffett on the real-time ranking of billionaires by Forbes. With an estimated wealth of $75 billion, Ambani is only next to Facebook co-founder and CEO Mark Zuckerberg, whose wealth is pegged at $89 billion.

Buffet had slipped down the rankings after donating more than $37 billion of Berkshire Hathaway Inc. stock since 2006 to charity. Berkshire Hathaway’s stock performance has also underwhelmed recently.

Amazon founder and CEO Jeff Bezos still sits at top in the richest list, with a net worth of $185.8 billion. He is followed by Microsoft co-founder Bill Gates with net worth of $113.1 billion and luxury group LVMH Moet Hennessy Louis Vuitton’s chief Bernard Arnault, with a net worth of $112 billion. Facebook CEO Mark Zuckerberg is at the fourth position in the Forbes list.

Shares of Ambani’s conglomerate have more than doubled since a low in March as its digital unit got more than $15 billion in investments from companies including Facebook Inc, Silver Lake, Intel, and most recently, Google. The US tech giant has committed a capital infusion of Rs 33,737 crore for a 7.7 per cent stake on Jio Platforms.

The total investment from financial and strategic investors into Jio Platforms stands at Rs 1,52,056 crore. RIL has raised a total of Rs 2,12,809 crore through a rights issue, the combined investments in Jio Platforms and investment by BP.

During the Reliance AGM last week, Ambani had said RIL has made its net-debt free ahead of a March 2021 target due to recent investments. Ambani said Jio has designed and developed a complete 5G solution that’s ready for launch as soon as spectrum is made available next year.

Jio and Google have also entered into a commercial agreement to jointly develop an entry-level affordable smartphone with optimisations to the Android operating system and the Play Store, Ambani said.

RILs market value jumped to Rs 12.7 lakh crore or $170 billion on Monday, making it the 51st most valued company in the world. Between April 1 and July 13, RIL has gained $81 billion in market capitalisation and has climbed 47 places from being the 98th most valued company on April 1 to 51st most value company now.

The share price of RIL has risen by 120 per cent over the last four months for Rs 883 per share on March 23, 2020 to Rs 1,939 on Monday. Since April 22, when Facebook Inc announced an investment of Rs 43,574 crore in Jio Platforms for 9.99 per cent equity stake, Jio Platforms has announced investments by 12 other investors. The total investment by these 13 investors over the last 12-weeks amounted to Rs 118,318 crore.

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