Author: Indmedia

MUMBAI: Within hours of Sebi chairman Tuhin Kanta Pandey warning market players about strict regulatory actions against any manipulation with the recently introduced Closing Auction Session (CAS), the regulator late Wednesday banned Copthall Mauritius Investments, a foreign fund from the market till further orders and impounded nearly Rs 3 crore.Sebi alleged that Copthall Mauritius had, on Aug 13, used manipulative trades in sensex CAS to illegally gain about Rs 3 crore. Sebi also banned Mansi Share & Stock Broking (MSSB) from trading in its proprietary account for similar illegal trades and ordered impounding Rs 71.6 lakh. Both the entities have…

The USS George Washington aircraft carrier has arrived in the Middle East, where it is expected to relieve the USS Abraham Lincoln from its record deployment amid concerns about poor living conditions and morale.US Central Command announced on Thursday that the Washington arrived in the area on Wednesday, and posted an image of sailors working on the flight deck as the ship transited the Arabian Sea. No date has yet been announced for the Lincoln to return to the US.In an interview this week, the wife of a sailor onboard the USS Abraham Lincoln told the Guardian that she has…

Manu Bhaker with her new coach (Photo by Jelena Arunovic) BHOPAL: After adjusting the lighting at the MP State Shooting Academy final hall, two young electricians asked Manu Bhaker if she needed anything else. “Nahin,” the shooting star politely replied. The electricians were still waiting. Distracted, Manu suddenly realized it hadn’t hit home, and gave them a thumbs up with a smile.Job well done, the men left the range content.With that stardom and popularity that surrounds her, the Paris Olympics double medallist may have realised at that moment, that a lot rides on her validation.Nearly a decade ago, in 2017,…

Police are awaiting the final post-mortem and forensic reports to know the exact cause of deaths Mumbai: Indian Navy sailor Purnamal Mehra (30), who died by suicide in his official residential quarters at Navy Nagar in south Mumbai’s Cuffe Parade area after allegedly killing his wife and two children, had formatted his and wife Uma’s mobile phones and even cleaned the house. Besides this, a senior police officer said, Mehra had also put clothing material to cover the gaps between the door and door frame before ending his life.On August 14 night, Mehra had sent a WhatsApp message to his…

New Delhi: “Forget drinking or cooking, we can’t even use this water to brush our teeth or wash our hands. It is getting worse by the day,” said Nakkul Mehta, 47, a resident of BE Block Janakpuri.Since July, at least 192 families living in BE Block have been struggling with contaminated water that has left them spending an estimated Rs 400 a day for drinking and daily needs, according to Mehta, the local RWA president. At Rs 12,000 a month, the expenditure comes to an average Rs 1.5 lakh a year – for something as basic as clean water. “I…

The city has a total of 2.97 lakh registered cabs, including those operated by independent travel agencies Bengaluru: For the first time, the state govt has revealed the scale of Bengaluru’s app-based cab workforce, estimating that over two lakh drivers are currently associated with ride-hailing aggregators. However, the govt admitted it has no data on how many of these drivers are Bengaluru residents and how many have migrated from other states in search of a livelihood.According to data, Ola has around 45,000 drivers, Uber 77,000 and Rapido 75,000 on their platforms. Together, the three aggregators account for an estimated 1.97…

Hyderabad: Startup ecosystem enabler T-Hub has joined hands with Japan’s OKI Electric Industry Co Ltd to launch a programme to help Indian deep-tech startups validate technologies, access Japanese industrial markets and explore commercial opportunities.Telangana govt-led T-Hub said the initiative received more than 150 applications from startups across India. After a multi-stage evaluation, eight startups were shortlisted to work with OKI through T-Hub’s PACE programme, a solution accelerator that connects corporates with startups to solve defined business challenges.The programme will focus on water infrastructure, logistics and supply chain, sectors identified by OKI and T-Hub as priority areas for industrial innovation.The selected…

Chennai: AMMK leader T T V Dhinakaran on Thursday criticised the TVK govt for changing its stand on delimitation within a week of passing a resolution in the Tamil Nadu assembly demanding that the Union govt freeze the current strength of Lok Sabha.Dhinakaran stated that Vijay’s speech at Southern Zonal Council indicating a change in stance had “exposed the political drama orchestrated to distract from pressing issues confronting the state”.He said that just weeks after convening a meeting with alliance MPs on Aug 8 and rushing a resolution against delimitation through the assembly on Aug 12, CM Vijay had presented…

Bhubaneswar: Sambalpur MP Dharmendra Pradhan on Thursday countered BJD president and leader of opposition Naveen Patnaik over the Mines and Minerals (Development and Regulation) Amendment Bill.On Wednesday, Naveen had opposed the Bill, claiming it would adversely affect mineral-rich states such as Odisha and dilute their fiscal powers.Responding to it, Dharmendra accused the former CM of misleading the people of Odisha and said the Bill was a landmark reform aimed at strengthening India’s mining sector while protecting the interests of mineral-bearing states. “Politics has its own place, but hiding facts and misleading the people of Odisha is unacceptable,” Dharmendra said. The…

47-year-old preacher S Abraham MADURAI: The Tirunelveli special court for Pocso cases on Thursday sentenced a 47-year-old preacher to death for each of four sexual assaults committed against four minor girls over nearly two years in the district. The court also ordered compensation of Rs 10 lakh to each victim.According to the prosecution, S Abraham, the preacher, sexually assaulted the girls at his church during music classes and at deserted places in their neighbourhood.The abuse came to light in 2022 after an eight-year-old girl from Thevarkulam complained of pain in her private parts. Her mother took her to a hospital,…