eznews.in
The Adani Group has reported impressive financial results for H1 FY25, showcasing a resilient asset base of USD 60 billion, up USD 9 billion from the previous period, with a modest increase in gross debt of USD 2 billion. The group's Trailing-Twelve-Month (TTM) EBITDA rose 17% year-on-year to USD 10 billion, while funds from operations (FFO) reached USD 7 billion, reflecting over 30% annual growth for five consecutive years. The net debt-to-EBITDA ratio stood at a healthy 2.46x, well within the group's target range, and liquidity remains strong, covering all debt obligations for the next year. Core infrastructure sectors, including energy and transport, contributed significantly to performance, with emerging sectors like green energy and airports experiencing substantial growth. The group aims to invest USD 100 billion over the next decade, reinforcing its strategic long-term vision. Cash reserves amounted to INR 53,024 crore, ensuring liquidity for 28 months of debt servicing. 
Published: Nov 25 2024, 9 ameznews.inViolence erupted in Sambhal, Uttar Pradesh, following a court-ordered survey of the 16th-century Jama Masjid, leading to multiple deaths and significant unrest. The mosque, built during Mughal Emperor Babur's reign, is at the center of a legal dispute initiated by advocate Vishnu Shanker Jain, who claims it was constructed on the ruins of a Hindu temple dedicated to Lord Kalki. The petition has sparked fears of communal tensions reminiscent of the Babri Masjid demolition. Protests against the survey escalated on November 24, resulting in clashes that left four dead and over 30 police injured. The Muslim community and local politicians condemned the survey, citing the 1991 Places of Worship Act, which preserves the status of religious sites as they were on August 15, 1947. In response to the violence, authorities imposed prohibitory orders, suspended internet services, and promised strict legal action against those responsible.
Published: Nov 25 2024, 2 pmeznews.inFour people were killed in violent clashes in Sambhal, Uttar Pradesh, during a court-ordered survey of the Shahi Jama Masjid on Sunday. Following the unrest, which involved stone-pelting and police using tear gas, authorities arrested at least 25 individuals and registered cases against 400, including prominent local politicians like Samajwadi Party MP Ziaur Rahman Barq. The mosque's survey is part of a contentious legal dispute over claims it was built on a Hindu temple site. Internet services were suspended, and schools closed to maintain order, while officials barred outsiders from entering Sambhal until November 30. Barq accused the police of exacerbating the situation, calling it a conspiracy against Muslims, a sentiment echoed by party leader Akhilesh Yadav, who claimed the violence was orchestrated by the ruling BJP to distract from recent electoral losses. The survey report is expected by November 29.
Published: Nov 25 2024, 2 pmeznews.inAjit Pawar has criticized his uncle Sharad Pawar for fielding his nephew Yugendra against him in the Baramati Assembly polls, where he secured a decisive victory by over 100,000 votes. Ajit questioned the rationale behind this choice, noting Yugendra's lack of political experience, as he is primarily a businessman. This election marked a significant shift, as Ajit Pawar's faction of the Nationalist Congress Party (NCP) triumphed with 41 seats, compared to Sharad Pawar's 10, reversing the previous Lok Sabha election outcome where Sharad's faction won 8 seats to Ajit's 1. Ajit also reflected on his earlier decision to field his wife Sunetra against his cousin Supriya Sule, calling it a "mistake." Despite the family tensions, Ajit shared a light moment with another nephew, Rohit Pawar, who narrowly won his seat, emphasizing the ongoing complexities within the Pawar political dynasty.
Published: Nov 25 2024, 2 pmeznews.inThe BJP-led Mahayuti's resounding victory in the Maharashtra assembly elections has significantly reshaped both state and national politics, marking a recovery from setbacks in the Lok Sabha elections. Comprising the BJP, Shiv Sena, and Nationalist Congress Party, the coalition secured a commanding majority in the 288-member assembly, showcasing their ability to adapt and strategize effectively. While the I.N.D.I. Alliance celebrated success in Jharkhand, it was overshadowed by Maharashtra's outcome, which bolstered the BJP's position and confidence. The government is poised to advance its legislative agenda in the upcoming winter session of Parliament, including the contentious Waqf Bill and the One Nation One Election proposal. The session, running from November 25 to December 20, will see intensified debates, especially with the opposition, now strengthened by Priyanka Gandhi Vadra's involvement. Ultimately, Maharashtra's results reaffirm the BJP's commitment to its core Hindutva agenda while tempering coalition dynamics.
Published: Nov 25 2024, 1 pmeznews.inThe Bombay High Court has denied Mihir Shah's request for immediate release in the BMW hit-and-run case that resulted in the death of Kaveri Nakhwa in July. Shah, son of former Shiv Sena politician Rajesh Shah, was arrested after allegedly colliding with a motorcycle, dragging Nakhwa's body for over 1.5 kilometers. His driver, Rajrishi Bindawat, was apprehended shortly after the incident, while Shah fled and was later found in Virar. Both men claimed their arrests were illegal, arguing police did not inform them of the charges as required by law. However, the court ruled that their awareness of the accusations negated this claim. Maharashtra Chief Minister Eknath Shinde condemned the rise in hit-and-run cases, asserting that no individual, regardless of status, would be above the law under his administration.
Published: Nov 25 2024, 1 pmeznews.inA recent study published in _Geophysical Research Letters_ has revealed that Earth's axis has shifted by 31.5 inches (nearly 80 centimeters), primarily due to human-induced groundwater extraction. Researchers, led by geophysicist Ki-Weon Seo from Seoul National University, found that the redistribution of groundwater significantly influences the planet's rotation and sea-level rise, with the tilt change equating to approximately 0.24 inches of sea-level rise. The research, which analyzed data from 1993 to 2010, indicates that the pumping of about 2,150 gigatons of groundwater—mainly for irrigation and human consumption—has altered the Earth's balance. This shift is linked to the melting of glaciers and polar ice sheets, which redistribute water toward the equator, akin to a figure skater's changing spin. While seemingly minor, such shifts can have substantial long-term environmental impacts, including variations in sea levels and changes to the planet's magnetic field.
Published: Nov 25 2024, 12 pmeznews.inThe Mahayuti alliance of BJP, Shiv Sena, and NCP, which recently triumphed in the Maharashtra elections, is yet to announce a date for the swearing-in ceremony amid uncertainty over the Chief Minister position. BJP leaders advocate for Devendra Fadnavis, citing his significant role in the party's success, while Shiv Sena members support Eknath Shinde, claiming his policies were pivotal to their victory. The NCP, led by Ajit Pawar, may back Fadnavis, potentially tipping the balance in favor of the BJP. With the BJP holding 132 of the 232 seats, discussions are ongoing among party leaders, including a potential rotational Chief Ministership. However, both Shinde and Fadnavis face pressure, as Shinde is reluctant to relinquish his post and Fadnavis seeks a longer-term leadership role. The outcome will significantly influence the political landscape in Maharashtra as the parties negotiate cabinet positions and leadership roles.
Published: Nov 25 2024, 10 ameznews.inA senior police officer in Bengaluru, Deputy Superintendent of Police Kanakalakshmi, has been accused of harassing 33-year-old businesswoman S Jeeva, who died by suicide on November 22. Jeeva, who owned a wood material shop and was also a lawyer, left an 11-page death note detailing her allegations against the officer, including claims of being stripped, humiliated, and extorted for a bribe of Rs. 25 lakh. Following her death, Jeeva's sister filed a complaint prompting the police to register a case against Kanakalakshmi. Jeeva was one of the accused in a scam involving the misuse of funds intended for the Bhovi community, which led to the CID's involvement. Despite the Karnataka High Court permitting her to be questioned via video conferencing, she was ordered to appear in person, leading to her alleged mistreatment during her visit to the CID office. An investigation is currently underway.
Published: Nov 25 2024, 12 pmeznews.inA violent altercation erupted between shopkeepers in Auraiya, Uttar Pradesh, over the placement of goods outside a store, leading to a chaotic scene captured on video that has since gone viral. The clash, which took place near Bhole Mandir, involved two men rolling on the ground and exchanging blows, while others joined in, resulting in torn shirts and the use of sticks as weapons. Alok Kumar Mishra, the Additional Police Superintendent, confirmed that the dispute began between Anil Kumar and his neighbours—Pawan Kumar, Sunny, and Lucky—and escalated despite bystander attempts to intervene. Anil Kumar has since filed a complaint, resulting in a case registered against the three men, with Lucky facing juvenile law due to his age. This incident recalls a similar brawl in 2021 between chaat sellers in Baghpat, which also gained significant online attention.
Published: Nov 25 2024, 12 pmeznews.inMaharashtra Deputy Chief Minister Ajit Pawar humorously suggested to his nephew, Rohit Pawar, that his victory in the recent assembly elections would have been more challenging had he campaigned in Rohit's Karjat Jamkhed constituency. Rohit retained his seat by a narrow margin of 1,243 votes against BJP's Ram Shinde. The two met during a memorial visit for the state's first chief minister, Y B Chavan, where Ajit congratulated Rohit, acknowledging the close race. Despite their political differences, Rohit regards Ajit as a "father figure," crediting him with significant support during the 2019 elections. In the recent polls, Ajit's faction of the NCP secured 41 seats, while the NCP (SP) led by Sharad Pawar managed only 10. Ajit won his Baramati seat by over one lakh votes, following a split in the NCP after he joined the Eknath Shinde-BJP government.
Published: Nov 25 2024, 11 amFor the fastest, latest, not so wokest news, 'experts say' you need to visit Eznews
Note: "Experts say", "Analysts say", "Sources say" without saying who, are trade marks of propaganda news networks. Always read your news understanding that no matter where.
India
World
Economy
Science
Health
Showbiz
Contact