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The Adani Group remains "well-positioned for the future," according to GQG Partners, a major investment firm, despite recent US federal indictments. GQG emphasized that the allegations target individuals, not the group’s companies, and affirmed the sound fundamentals of its investments. The firm highlighted that many global corporations, including Walmart and Pfizer, have faced similar scrutiny, often leading to lengthy investigations with minimal penalties. GQG expressed confidence in the Indian government's continued support for Gautam Adani, a key infrastructure developer in India. The Adani Group's CFO stated that none of its 11 public companies are implicated in any wrongdoing, and the group has dismissed the US report as "baseless." Financial results for H1 FY25 revealed a 17% year-on-year increase in EBITDA to USD 10 billion, with funds from operations growing over 30% annually for five years, indicating robust financial health amid external challenges. 
Published: Nov 25 2024, 4 pmeznews.inA viral video from a Kolkata Metro train has captured a heated confrontation between a Bengali passenger and a non-Bengali woman over language use. The incident began when the non-Bengali woman criticized the Bengali passenger for speaking her native language instead of Hindi, stating, "This is not Bangladesh." The Bengali woman defended her right to speak Bengali in her homeland, West Bengal, arguing that the metro was built with local taxpayers' money. The argument intensified as the non-Bengali woman insisted that the Bengali passenger should know Hindi, prompting onlookers to intervene. The situation escalated further when the non-Bengali woman invoked Bangladesh, which drew backlash from other passengers. The incident has sparked widespread debate online, with many criticizing the non-Bengali woman's stance and calling for respect for local languages, echoing similar controversies in other Indian cities regarding language and cultural identity.
Published: Nov 25 2024, 7 pmeznews.inLalit Modi, the founder of the Indian Premier League (IPL), has disclosed that he fled India in 2010 due to death threats from underworld figure Dawood Ibrahim, rather than legal issues. In a recent podcast interview, Modi recounted receiving threats linked to his firm stance against match-fixing, which he described as a "zero policy." He revealed that police informed him he was on a hitlist, limiting their protection to just 12 hours, prompting him to use a VIP exit at the airport for safety. Modi stated he could return to India "any day," asserting he is not a fugitive and challenging anyone to present legal cases against him. His precarious situation has been acknowledged previously, with Chhota Shakeel, a close associate of Ibrahim, claiming that an assassination attempt on Modi in Bangkok was thwarted when he received a tip-off.
Published: Nov 25 2024, 6 pmeznews.inPrashant Kishor, leader of the Jan Suraaj party, described Bihar as a "literally a failed state" during a virtual meeting with the Bihari diaspora in the US. He emphasized that the state is in dire need of development and expressed confidence that his party would win the 2025 Bihar Assembly elections. Kishor criticized the Bihari diaspora for not contributing significantly to Bihar's progress and highlighted the challenges of hopelessness among its citizens. He proposed lifting the alcohol ban to fund improvements in school education, asserting that tangible change will require a long-term commitment. Despite recent setbacks in bypolls, where Jan Suraaj candidates lost deposits in all but one seat, Kishor remains optimistic about transforming Bihar into a middle-income state by 2029-2030, urging the diaspora to mobilize support for his party. He acknowledged the grim realities facing Bihar but insisted that hope remains for its future.
Published: Nov 25 2024, 6 pmeznews.inNavjot Singh Sidhu, a former cricketer and politician, sparked controversy after claiming in a viral video that his wife, Navjot Kaur, cured her Stage 4 breast cancer in just 40 days through a simple dietary regimen, including neem leaves, turmeric, and intermittent fasting. Medical experts quickly refuted these claims, stating that there is no high-quality evidence supporting the notion that such diets can cure cancer. Following the backlash, Sidhu clarified that Kaur's recovery involved surgeries, chemotherapy, hormonal therapies, and a strict diet, emphasizing the critical role of medical treatment in her journey. While some ingredients mentioned may support cancer management, they cannot replace conventional therapies. The Tata Memorial Hospital Alumni also issued a statement warning against misinformation regarding cancer treatments. Overall, Sidhu's assertions regarding a diet-based cure for cancer have been deemed misleading, underscoring the importance of relying on established medical practices.
Published: Nov 25 2024, 6 pmeznews.inThe Supreme Court of India has ruled that schools in the National Capital Region should reopen despite ongoing high pollution levels, emphasizing that keeping students at home will not resolve key issues. The court highlighted that many students lack air purifiers and adequate facilities for online education, which could hinder their learning. Additionally, the closure of schools has deprived numerous students of mid-day meals. The court urged the Commission for Air Quality Management (CAQM) to make a timely decision regarding the continuation of the ban on physical classes for Grades 10 and 12, and to implement measures to support vulnerable groups affected by the pollution crisis. The judges noted that the Air Quality Index in the region has consistently shown hazardous levels, and they called for updated data to inform future actions under the Grade 4 measures of the Graded Response Action Plan (GRAP).
Published: Nov 25 2024, 5 pmeznews.inMUMBAI: Union Minister Ramdas Athawale, leader of the Republican Party of India-Athawale (RPI-A), announced on Monday that Maharashtra Deputy Chief Minister Devendra Fadnavis is set to become the next Chief Minister, with support from Nationalist Congress Party (NCP) leader Ajit Pawar. Following a meeting with Fadnavis, Athawale indicated that the decision regarding the Chief Minister's position would be finalized within two to three days, with an oath-taking ceremony to follow. The BJP emerged as the single-largest party in the recent Maharashtra Assembly elections, winning 132 seats, while Shinde-led Shiv Sena secured 58 and Pawar's NCP garnered 41, contributing to the Mahayuti alliance's total of 230 seats. Athawale emphasized the need to honor Eknath Shinde's contributions and suggested he should be given a central position, while also confirming that the RPI-A would receive a Cabinet berth. Fadnavis acknowledged the collective decision-making process among the alliance leaders.
Published: Nov 25 2024, 5 pmeznews.inA tailor in Valsad, Gujarat, Muslim Ansari, was taken aback when he received an electricity bill amounting to Rs 86 lakh, surpassing the value of his shop. Operating New Fashion Tailor with his uncle, Ansari usually pays around Rs 2,000 monthly for power. Upon discovering the shocking bill, he promptly visited the local electricity board to seek clarification. Officials from Dakshin Gujarat Vij Company Limited soon investigated and found that an error had occurred—two digits had been mistakenly added to the meter reading. Consequently, the bill was revised to a more accurate Rs 1,540. Relieved by the resolution, Ansari expressed gratitude and humorously noted that his shop has seen increased foot traffic since the incident, with some customers even taking pictures of the erroneous bill. "Maybe I should start charging for the photographs," he quipped, as he returned to his sewing machine.
Published: Nov 25 2024, 5 pmeznews.inDelhi's Supreme Court has upheld stringent restrictions on vehicular movement and construction activities as the national capital grapples with severe air pollution, currently classified under the fourth stage of the Graded Response Action Plan (GRAP 4). This decision follows the Air Quality Index surpassing 450 last week, prompting the court to assert that these curbs will remain until further notice during their next hearing. While the air quality has slightly improved, the court criticized the Delhi Police for inadequate enforcement of the measures, highlighting a lack of effective checkpoints and oversight. The Commission for Air Quality Management (CAQM) has been tasked with determining whether to resume physical classes in schools, given the challenges of online education. The court emphasized that no downgrade of restrictions will occur until there is a consistent improvement in air quality, and directed that funds collected as labour cess be utilized to support construction workers affected by the curbs.
Published: Nov 25 2024, 4 pmeznews.inProtests erupted in Katra, Jammu and Kashmir, as locals clashed with police over a proposed Rs 250-crore ropeway project intended to connect Tarakote Marg to Sanji Chhat, significantly reducing the trek to the Vaishno Devi shrine to just six minutes. Local shopkeepers, pony service providers, and labourers expressed fears that the project, backed by the Shri Mata Vaishno Devi Shrine Board, would undermine their livelihoods by diverting pilgrims away from traditional routes. Demonstrators, chanting slogans and blocking key transportation routes, confronted a Central Reserve Police Force (CRPF) vehicle, resulting in injuries and property damage. Reasi's Senior Superintendent of Police, Paramvir Singh, indicated that negotiations were ongoing to restore order. While the shrine board emphasized the project's benefits for elderly pilgrims, locals demand either its cancellation or compensation for potential economic losses, extending their protest beyond the initially planned 72 hours.
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