Acid leak severe at Tamil Nadu copper smelter: Vedanta

Agencies
June 20, 2018

Thoothukudi, Jun 20: Vedanta Ltd said on Wednesday a sulphuric acid leak from a tank at its southern Indian copper smelter was severe and inaction could lead to serious environmental consequences.

The district administration had said on Sunday the leak at the plant in the seaside town of Thoothukudi was minor, and steps were being taken to empty the storage tanks as a safety precaution.

"There is a severe leakage in the pipe flanges and ... the pipe flanges are submerged in the acid pool collected in the dykes around the acid storage tank," the company said in a petition to the Madras high court.

The Tamil Nadu state government ordered a permanent closure of the plant and disconnected the power supply last month following protests over alleged pollution that turned violent and culminated in the police opening fire on protesters, killing 13 of them.

Vedanta, the Indian subsidiary of London-listed Vedanta Resources, said it sought a limited reconnection of the electricity supply for maintenance to guard against a potential loss of life and damage to air and groundwater.

"There is a grave risk and danger as there are other tanks and there are flammable chemicals and materials within the plant area," it said.

However, the district's top administrative official Sandeep Nanduri stuck to the earlier view that the leak was minor.

"That is their version, and this is ours. However, we are completely evacuating the sulphuric acid from all tanks as a safety precaution," said Nanduri.

Activists and residents have demanded a permanent shutdown of the plant, which they said was causing air and water pollution. Locals and activists see the smelter as a risk to fisheries. Vedanta says the protests are based on false notions.

Police said on Wednesday they had arrested about 50 people over the past week, taking the total to 254 for rioting and causing damage to property. Some people said they were being unfairly targeted over the protests and there was an atmosphere of fear in the town and surrounding villages.

Naseeba Bhanu, from a village 115 km from the town, said she had only learnt from a television news bulletin that her husband and two sons, who had taken part in the protests, had been arrested under the National Security Act, which gives police the authority to detain people without charge for up to a year.

Police officer Murali Ramba said things were returning to normal after the violence that erupted last month, the most serious anti-industrial action in years in India.

"Women were sleeping outside their houses till 2 days ago, fearing late-night raids. They have gone back to sleep in their houses after we assured them there was no reason to fear," he said.

The smelter, which has been shut for about three months, accounted for over a third of India's refined copper production and employed over 3,000 people. The company plans to appeal the government's move to shut the plant.

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News Network
July 4,2020

New Delhi, July 4: India on Friday reported its highest single-day spike of COVID-19 cases with 22,771 cases reported in the last 24 hours, said the Union Ministry of Health and Family Welfare.

With these new cases, India's coronavirus cases tally has gone up to 6,48,315, out of which there are 2,35,433 active cases in the country and 3,94,227 cases have been cured/discharged or migrated.

As many as 442 deaths due to COVID-19 have been reported in the last 24 hours taking the number of patients succumbing to the deadly virus across the country to 18,655.

As per the Union Health Ministry, Maharashtra -- the worst affected state due to COVID-19 -- has a total of 1,92,990 cases which is inclusive of 8,376 deaths. Meanwhile, Tamil Nadu, the second worst-affected state, has a total of 1,02,721 cases and 1,385 fatalities. Delhi's tally of coronavirus cases stands at 94,695 which is inclusive of 2923 deaths due to the virus.

The Centre said that the recovery rate has further improved to 60.80 per cent. The recoveries/deaths ratio is 95.48 per cent : 4.52 per cent.

The Indian Council of Medical Research, earlier on Saturday, said that the total number of samples tested up to July 3 is 95,40,132, out of which 2,42,383 samples were tested yesterday.

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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Agencies
July 24,2020

New Delhi, Jul 24: Telecom companies lost 82.3 lakh subscribers during the COVID-19 lockdown period of April, data released by the Telecom Regulatory Authority of India (TRAI) on Friday showed.

As per the reports received from 342 operators in April, TRAI said the number of broadband subscribers decreased from 68.7 crore at the end of March to 67.6 crore at the end of April with a monthly decline rate of 1.64 per cent.

Top five service providers constituted 98.98 per cent market share of total broadband subscribers with Reliance Jio Infocomm (38.9 crore), Bharti Airtel (14.4 crore), Vodafone Idea (11.1 crore), BSNL (2.1 crore) and Atria Convergence (16 lakh).

The number of overall telephone subscribers decreased from 117.7 crore at the end of March to 116.9 crore at the end of April, showing a monthly decline rate of 0.72 per cent.

The TRAI said total wireless subscribers (2G, 3G and 4G) decreased from 115.7 crore at the end of March to 115 crore at the end of April, thereby registering a monthly decline rate of 0.71 per cent.

Wireless subscription in urban areas decreased from 63.8 crore to 62.9 crore but increased in rural areas from 51.9 crore to 52 crore. Monthly growth rates of urban and rural wireless subscription were minus 1.42 per cent and 0.16 per cent respectively.

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