Ockhi: Kerala toll touches 13, over 100 fishermen still missing

Agencies
December 3, 2017

Thiruvananthapuram, Dec 3: Ockhi, the cyclonic storm over Lakshadweep, continued to spell death and misery in Kerala on Saturday even as the official figure of fishermen rescued from the sea in joint operations of the Indian Navy, Air Force and Coast Guard crossed 400. Seven people, including five fishermen, brought to the shore by rescue teams were reported dead on Friday, taking the toll in the state to 13. The cyclone, which hit Lakshadweep on Saturday, causing widespread damage, also claimed 13 lives in Sri Lanka. About 120 fishermen are still reported missing from the Kerala shores amid weathermen's predictions for heavy rain in Lakshadweep and Kerala till Wednesday.

The India Meteorological Department (IMD) said Ockhi was likely to weaken gradually from Sunday morning. "It is very likely to continue to move north-westwards during next 24 hours and then re-curve north-eastwards during the subsequent 48 hours," a bulletin from the department said.

Protests by families of the missing fishermen continued in Kerala's coastal regions. The fishermen said their presence in the official rescue teams could have saved more lives. Many fishermen who left Kerala shores before the cyclone, were reported to have reached the coasts of Tamil Nadu and Lakshadweep.

Rough weather conditions prevailed in the coastal regions of Ernakulam, Thrissur and Kozhikode districts. In Ernakulam, many families were shifted to relief camps after high waves destroyed the protective sea-walls. A total of 529 families are housed in 30 camps in the state.

COMPENSATION ANNOUNCED: The state government announced Rs 10 lakh each as compensation for families of the deceased fishermen. Kerala Chief Minister Pinarayi Vijayan told reporters at a morning briefing that 393 fishermen, including 100 from Kanyakumari in Tamil Nadu, were rescued. Twelve boats carrying 138 fishermen have reached Kalpeni in Lakshadweep, where several houses suffered damage, coconut trees got uprooted and communication lines were disrupted.

Five fishing boats were damaged early on Saturday at Kalpeni island as water level rose due to heavy rains, sources said.

The 'very severe' cyclonic storm Ockhi - which in Bengali means 'eye' - over Lakshadweep is likely to intensify further in the next 24 hours.

2 ships capsize, 1 missing

Mangaluru: Two cargo vessels from Mangaluru bound for Lakshadweep capsized due to cyclone Ockhi near Lakshadweep while another vessel has gone missing.

Meanwhile, Coast Guard Mangaluru rescued 20 fishermen from four fishing boats that could not enter the Old Port in Mangaluru due to high tide on Friday night. The Coast Guard has advised fishermen not to venture into the sea for the next 48 hours.

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News Network
May 9,2020

New Delhi, May 9: Three promoters of Ram Dev International, recently booked by the CBI for allegedly cheating a consortium of six banks to the tune of Rs 411 crore, have already fled the country before the State Bank of India reached the agency with the complaint, officials said on Saturday.

The CBI had recently booked the company engaged in export of Basmati rice to the West Asian and European countries and its directors Naresh Kumar, Suresh Kumar and Sangita on the basis of complaint from the State Bank of India (SBI), which suffered the loss of more than Rs 173 crore, they said.

The company had three rice milling plants, besides eight sorting and grading units in Karnal district with offices in Saudi Arabia and Dubai for trading purposes, the SBI complaint said.

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and Corporation Bank, they said.

The Central Bureau of Investigation (CBI) did not carry out any searches in the matter because of the coronavirus-induced lockdown, the officials said.

The agency will start the process of summoning the accused, incase they do not join the investigation, appropriate legal action will be initiated, they said.

According to the complaint filed by SBI, the account had become non-performing asset (NPA) on January 27, 2016.

The banks conducted a joint inspection of properties in August and October, nearly 7-9 months later only to find Haryana Police security guards deployed there, they said.

"On inquiry, it has been come to notice that borrowers are absconding and have left the country," the complaint filed on February 25, 2020, after over a year of account becoming NPA, the officials said.

The complaint alleged that borrowers had removed entire machinery from old plant and fudged the balance sheets in order to unlawfully gain at the cost of banks'' funds, it said.

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News Network
April 13,2020

New Delhi, Apr 13: India's tally of positive COVID-19 cases rose to 9,152 following an increase of 796 cases in the last 24 hours, the Union Ministry of Health and Family Welfare said on Monday.

Out of the total number of cases, 7,987 patients are active cases while 857 cases have been cured/discharged and migrated.

With 35 deaths in the last 24 hours, the death toll mounted to 308.

According to the ministry, Maharashtra remained at the top with the total cases at 1,985, including 217 patients who have recovered/discharged and 149 patients died.

Delhi's tally of positive COVID-19 cases rose to 1,154 cases, including 27 recovered and 24 patients succumbing to the virus.

Tamil Nadu too reported 1,075 cases, including 50 recovered and 11 patients dead.

Meanwhile, four states have crossed the 500 mark with regards to the total number of cases as Rajasthan recorded 804 cases, Madhya Pradesh with 532 cases, Gujarat with 516 cases and Telangana with 504 cases, as per the ministry.

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Agencies
July 24,2020

Mumbai, Jul 24: Reliance India Limited (RIL) on Friday overtook ExxonMobil to become the world's second most valuable energy company and 46th among the world's largest companies by market capitalisation.

RIL's market capitalisation stood at Rs 14.16 lakh crore (USD 189.3 billion) at market close on Friday. ExxonMobil's current market value is USD 184.77 billion.

"Reliance Industries, with a market capitalisation of USD 189.3 billion now is the second-most valuable energy company in the world. Reliance Industries now stands at 46th among the world's largest companies by market capitalisation ahead of well-known names like ExxonMobil, Abbott Laboratories, Oracle Corp, Chevron and Unilever Plc, and just below PepsiCo," RIL said in an official release.

RIL continued its rally on Friday, notwithstanding overall weak market conditions.

RIL shares made a new all-time high of Rs 2,163 and were last traded at Rs 2,148.8 on NSE with a gain of 4.4 per cent. The market capitalisation of fully paid-up shares stands at Rs 13.62 lakh crore (USD 182.06 billion), the release said.

Reliance partly paid-up shares gained 9.33 per cent on NSE today to last trade at Rs 1289.95. The partly paid-up shares now have a market capitalisation of Rs 0.55 lakh crore (USD 7.29 billion).

"Reliance's share price had touched a bottom of Rs 867 on March 23, 2020, when the total market value of the company stood at Rs 5.5 lakh crore or $73.5 billion. Thus, RIL has added $115.9 billion to shareholder wealth within just four months - one of the highest value creation feats in the world in such a short time," the release said.

Reliance had earlier raised Rs 212,809 crore through Rights Issue, combined investments in Jio Platforms and investment by bp.

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