Cyclone Titli: Over 60 lakh hit by flood in Odisha, govt steps up relief ops

Agencies
October 12, 2018

Bhubaneswar, Oct 12: The Odisha government on Friday deployed NDRF and ODRAF personnel to speed up rescue and relief operation mainly in three districts where over 60 lakh people were affected by flood due to heavy rainfall triggered by Cyclone Titli.

The flood situation in three south Odisha districts—Ganjam, Gajapati and Rayagada is grim as the water levels in major rivers like Rushikulya and Bansadhara have crossed their danger marks, official sources said.

The districts received highest rainfall for three days under the impact of Cyclone Titli that made landfall at Palasa near Gopalpur in Ganjam on Thursday morning.

Special Relief Commissioner (SRC) B P Sethi said that the people in Balasore district were also affected by the flood.

The decision to deploy National Disaster Response Force (NDRF) and Odisha Disaster Rapid Action Force (ODRAF) as part of stepping up relief and rescue operation was taken at a high level meeting where Chief Minister Naveen Patnaik took stock of the situation in the aftermath of the very severe cyclonic storm that battered the state.

In a video conference with the district collectors of Ganjam, Gajapati and Rayagada, Patnaik gave instructions for intensifying rescue and relief operation on a war footing as miseries of the people got compounded due to the twin calamities of cyclone and floods.

Patnaik stressed on quick repair of breaches in several river embankments and asked the district collectors to provide cooked food to the people who were shifted to relief camps, the official said.

Patnaik also constituted a three-member ministerial committee to visit the three worst-affected districts to monitor rescue and relief operation.

Two helicopters were requisitioned from the Indian Navy mainly for rescue and air dropping of relief materials in villages located in 125 gram panchayats in Ganjam district as these areas are cut off from rest of the state due to the submergence of roads with rain and flood water, Chief Secretary A.P. Padhi said.

Of the 22 blocks in Ganjam district, 13 were badly hit due to cyclone and floods. Blocks like Aska, Purusottampur and Sanakhemundi were inundated by rainwater as well as water from Rusikulya river gushed into the villages, a senior official said.

The Ganjam district administration has undertaken evacuation of people living near the river side and low-lying areas, he said adding that they have been housed in the multi-purpose shelters besides schools, colleges and Anganwadi centres.

The low-lying areas in Cuttack, Bhubaneswar and the pilgrim town of Puri also remained waterlogged due to rain.

"A large number of pumps have been pressed into service by the Bhubaneswar Municipal Corporation (BMC) and Cuttack Municipal Corporation (CMC) to clear water," a civic body official said.

The connectivity in Lathipada-Shergad road in Ganjam was disrupted while a bridge on Badagada Jarau river was washed away following heavy rainfall, official sources said.

The swelling Mahendratanaya river submerged vast stretches of Gajapati district cutting off road communication between Andhra Pradesh and Paralakhemundi in Odisha's Gajapati district, sources said.

Train services too were affected and at least 16 trains were cancelled and several others rescheduled by East Coast Railway (ECoR) on Friday due to submergence of railway tracks.

Water level on railway tracks in Berhampur-Palasa section is yet to recede due to continuous rains, an ECoR official said.

The water level also touched the danger mark at a bridge between Ichhapuram and Jhadpudi stations in Berhampur-Palasa railway section, he said.

Director of the metereological centre at Bhubaneswar, H R Biswas said heavy to very heavy rainfall will continue to pound parts of the state, including Balasore, Bhadrak and Dhenkanal districts, till Saturday.

Around three lakh people were evacuated from the vulnerable areas of five coastal districts of the state on Wednesday, a day before the cyclone made landfall.

The cyclone has "weakened into a deep depression" and triggered incessant rainfall in the state, SRC Sethi said.

The severe cyclonic storm packing winds of up to 150 kmph and widespread rains had hit eastern India Thursday, killing eight people in Andhra Pradesh and one in Odisha.

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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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Agencies
May 4,2020

Mumbai, May 4: Days after Facebook, private equity firm Silver Lake said it will invest 56.56 billion rupees ($746.74 million) in Reliance Industries's digital arm, giving it a valuation of 4.90 trillion rupees. Silver Lake on Monday agreed to pay Rs 5,655.75 crore to buy 1.15 per cent stake in the firm that houses billionaire Mukesh Ambani's telecom arm Jio.

The investment in Jio Platforms comes within days of Facebook investing USD 5.7 billion to buy a 9.99 per cent stake in Jio Platforms. The investment is at a premium of 12.5 per cent to the Facebook deal.

"This investment values Jio Platforms at an equity value of Rs 4.90 lakh crore and an enterprise value of Rs 5.15 lakh crore and represents a 12.5 per cent premium to the equity valuation of the Facebook investment announced on April 22, 2020," Reliance said in a statement.

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News Network
April 4,2020

Kochi, Apr 4: France on Saturday evacuated 112

French citizens stranded in Kerala and Tamil Nadu in a special Air India flight, official sources said here.

The Embassy of France had made a request to the Kerala government to facilitate the journey of the French citizens stranded due to the lockdown announced by the central government to prevent the spread of novel coronavirus.

The French citizens, mostly tourists and those who came for Ayurvedic treatment, were brought here by the state tourism department 24 days ahead of their trip.

They underwent a medical examination before boarding the flight for Paris from Cochin International Airport at 08.13 am on Saturday, officials said.

The Air India flight was chartered by the French government for evacuating its citizens in various cities in India including Kochi, Bengaluru and Mumbai.

On Friday, Gulf nation Oman had evacuated its 46 citizens stranded in Kochi in an Oman Air flight.

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