Oppn making false allegations MLA Diwakar Rao

first_imgMancherial: The municipal wards have been developed with Rs 4 crore funds, but the Opposition parties are making false allegations against the government, said MLA Nadipelli Diwakar Rao. He inaugurated CC roads and borewell motors at old municipal ward number 7 in Mancherial town on Tuesday.Speaking on the occasion, Diwakar Rao informed that Rs 4 crores were sanctioned for the development of ward number 3 and 7. Of this amount, CC roads and sewage works were completed with an expenditure of Rs 12.50 lakhs. Foundation stone was laid for the construction of 80 feet CC road in ward number 7. Also Read – Man tied up to a tree and thrashed in Nalgonda for harassing woman Advertise With Us The MLA called upon the people to vote for the TRS in the coming municipal elections. Former Municipal chairperson Mamidishetty Vasundhara, vice-chairman Nalla Shankar, former councillors P Prabhakar, Sripathi Srinivas, D Srinivas, Baggani Ravikumar, Harikrishna, Karkuri Chandramouli, TRS former co-option member Tota Tirupathi, TRS leaders Gongalla Shankar, Panganti Srinivas, Suresh Balduwa, Yadagiri Rao, Anjaiah and others were present.last_img read more

Man who sent industrial waste to CM KCR arrested

first_imgThe North Zone Task Force police arrested a man for sending water mixed with industrial waste to the chief minister K Chandrasekhar Rao and several others politicos and bureaucrats including Harish Rao, Kavitha, KTR, governor ESL Narasimhan and DGP M Mahendar Reddy. Based on the CCTV footage, the police arrested the accused and identified him as the resident of Secunderabad. Also Read – Techie strangled to death in Hyderabad Advertise With Us On Monday, the officials found a foul smell emanating from around 62 parcels that have the addresses of the dignitaries and alerted the police who unboxed the parcels and found bottles containing chemical substance. Later, they sent the bottles to the forensic lab which confirmed it as a industrial waste. However, the arrested told the police that he had sent the parcels to bring their issues to the notice of the government.last_img read more

Pakistan bringing over 100 terrorists from Afghanistan for

first_imgNEW DELHI: Pakistan is planning to push 100 hardcore terrorists from Afghanistan into Kashmir to carry out attacks as part of its “larger design” to create unrest in the Valley, security sources said on Thursday. In addition, around 15 Jaish-e-Mohammad terrorists are already waiting at the terror launch-pads in Lipa valley along the Line of Control on the Pakistani side to infiltrate in Kashmir, they said, citing reports by intelligence agencies. Also Read – In his first after abrogation of Art 370, Army chief to visit Srinagar today Advertise With Us According to intelligence inputs, Pakistan-based terror groups may target vital installations in several key Indian cities in the next few weeks, sources said. Pakistan’s plan is to trigger series of terror attacks in Kashmir to project to the international community that situation in the Valley is fast deteriorating following India’s decision to withdraw special status to Jammu and Kashmir and bifurcate the state into two union territories, they said. Also Read – Shah urges women to shun plastic bags Advertise With Us “We have credible intelligence that Pakistan is bringing over 100 hardcore terrorists from Afghanistan and they will be pushed into Kashmir in the next few weeks,” said a military source. Mufti Rauf Asghar, brother of JeM chief Maulana Masood Azhar, held meetings with top commanders of the terror outfit at its Bahawalpur headquarters on August 19 and 20 with a primary agenda of pushing hardcore terrorists into Kashmir, sources claimed. Advertise With Us Pakistan Prime Minister Imran Khan has been making provocative statements targeting India following its decisions on Kashmir and even suggested recently that a Pulwama-like terror attack may take place again. According to Pakistan’s assessment, the local terrorists in Kashmir are not properly trained, have low shelf-life and there was a leadership crisis among them in the Valley because of vigorous anti-terror operations, the sources said. “That is why Pakistan is bringing battle-hardened terrorists from Afghanistan”, they added. Sources claimed Pakistan has set up Kashmir desks at all its foreign missions to carry out anti-India propaganda in the wake of India’s decisions on J&K.last_img read more

Girl attacked in Anakapalle wounded seriously

first_imgVisakhapatnam: In a ghastly incident, a degree student Bhargavi was brutally attacked by a youth Sai at Anakapalle in Visakhapatnam district. The girl sustained serious injuries and has been shifted to the hospital. According to sources, the incident took place near Ramachandra theatre. Soon after the attack, the locals nabbed the culprit Sai, beaten him up and handed over to the police. The condition of Bhargavi is said to be critical. The offender has reportedly attacked the girl for not responding to his proposal. He has been putting pressure on the girl to fall in love with him. When she denied, he finally attacked her with a knife on the chest and neck.last_img

Meghan Markle manipulating Prince Harry to endear herself to British public

first_imgMeghan Markle and Prince HarryGetty ImagesMeghan Markle is possessive about Prince Harry?Well, while speaking to Express.co.uk body language expert Judi James said: “Meghan arrived on the UK stage using this rather possessive but also passive gesture during her engagement interview and she continued to use it throughout the start of her relationship with Harry.”She believes Meghan may have been using the tactic in a bid to appear likeable to the British public.Judi said: “Hand-holding is a common gesture for most couples in love, but by pulling Harry’s left arm out with her free hand and pressing it against her own torso Meghan appeared to be performing a lowering ritual of ingratiation, i.e. looking slightly vulnerable by clinging to her prince in a very effective and sensible bid to gain acceptance by the entire country.”We have to say, that is some observation. If Meghan is indeed doing what the body language expert is insinuating, it could be seen as quite manipulative on Meghan’s part.  Meghan MarkleGetty ImagesIn fact, Meghan was treating the British public like in-laws, according to Judi, and was clearly keen to impress.She added: “Animals lower their heads to show respect in a bid to integrate and this part ‘hide’ gesture would do a similar job in the human world, which is why it’s often used during first meetings with new in-laws!”Meghan Markle has also reportedly been feuding with Kate Middleton for a while and now it seems that the Queen herself has had to step in. Meghan Markle is expected to give birth in April and we have to say that for better or worse she is the Duchess of Sussex and the public will just have to accept that.last_img read more

WhatsApp for iPad is finally happening after all these years Everything you

first_imgWhatsApp is by far the best cross-platform instant messaging application and serves more than a billion users across the world, making it the largest app in its category. The ease of use, multitude of features, ad-free experience and availability across all platforms makes it the number one choice for smartphone and tablet users.While WhatsApp has been available on Android and iOS platforms for years now, iPad users were not considered lucky to use the app on Apple tablets. Those who own an iPad understand the pain of not being able to use the most popular messaging application in the world, but that could soon change.WABetaInfo spotted WhatsApp for iOS v2.19.40 with references for WhatsApp for iPad. The report reveals that WhatsApp is in advanced stages of releasing the app for iPads, which crushes previous rumours indicating a WhatsApp web client instead of an individual app. Apple iPad ProKVN Rohit/IBTimes IndiaOnce WhatsApp for iPad officially arrives, it will share the interface with its iPhone counterpart, only bigger and with the ease of using redesigned split screen and landscape mode support. Even the app settings can be navigated in the new split screen view. This will be a major overhaul and welcoming news for millions of iPad users who have requested official support for several years.WhatsApp for iPad will also support audio and video calls, WhatsApp Stickers, and support for Touch ID and Face ID depending on the model of the iPad. WhatsApp recently started supporting Touch ID and Face ID authentication, adding an extra layer for protection to users on iOS-powered devices. WhatsApp for iPads coming soonKIRILL KUDRYAVTSEV/AFP/Getty ImagesBut WhatsApp is yet to reveal the release date for its iPad version of the app. WhatsApp for iPad is still under development, but the WABetaInfo is assuming the beta release is expected to take place within weeks followed by public rollout upon successful testing.WhatsApp is constantly rolling out new features to improve the user experience. Users recently got the option to block frequently forwarded messages, decline group invites and more. In the wake of Lok Sabha elections, WhatsApp introduced features like a hotline to curb fake news and also started a campaign to fight fake news spread. Close WhatsApp gets new India region headlast_img read more

Global Economy Not Facing Recession Threat Despite Chinas Slump Goldman Sachs

first_imgMassive sell-off witnessed across the global stock markets on Monday have raised fears that the economy is headed for another recession in seven years, but a global brokerage said that the world economy is not at risk of recession despite a slump in Chinese markets.”The global economy is not at a risk of a recession in spite of recent concerns over China’s economy and weakness in commodity prices,” Goldman Sachs said.Chinese stock markets plunged over 5% for the second consecutive day on Tuesday, after falling by over 8.5% in the previous session.Tracking the fall, the US stock markets ended nearly 4% down on Monday, posting their worst decline in four years. Asian, European markets also tumbled to multi-year lows, as worries grew over the world’s second largest economy China.Chinese economy has been the growth engine for the world economy for the past two decades and a vast demand for commodities like oil, copper and iron in the country has underpinned the growth in many other countries.A recent data showed that China’s manufacturing activity fell sharply to a six-year low in July, despite many stimulus measures taken by the country’s authorities to prop up the growth.As a result, China resorted to yuan devaluation two weeks back to boost its slumping exports. Owing to Chinese currency devaluation move, prices of many commodities including crude oil saw further sell-off.”The drop in commodity prices during the past year and recent economic and foreign exchange weakness in China and other emerging markets will not tip the global economy into recession,” analysts at Goldman Sachs said in a note to Reuters.Crude oil prices have been halved since June last year, with China’s slowdown being one of the reasons, apart from oversupply situation. Investors see the decline in oil prices as a signal of further slowdown in the global economy.”We see a meaningful risk that markets are over-interpreting the collapse of oil and commodity prices as a negative growth signal,” the analysts said.Goldman Sachs said that lower oil prices are mainly “a reflection of excess supply rather than weak demand.”last_img read more

BSE IPO Details you need to know about listing of Indias first

first_imgThe Bombay Stock Exchange (BSE) on Friday filed documents with capital markets regulator Securities and Exchange Board of India (Sebi) for its upcoming initial public offering (IPO). Shareholders of the BSE will be partially selling their stake via the offer for sale (OFS) route for a sum in the range of Rs. 1,200 to Rs. 1,300 crore.The 141-year-old stock exchange — which is also Asia’s oldest and has about 9,000 shareholders — received the Sebi’s in-principle approval in March this year and shareholders’ nod at its annual general meeting held in June this year.The decision to file the IPO papers was taken by the BSE at its board meeting held on Wednesday, PTI reported.The pre-conditions of the OFS were conveyed to the shareholders two months ago.”You could participate in the IPO by selling your Equity Shares as part of the Offer for Sale and you can avoid the lock-in of your Equity Shares for one year from the date of allotment/transfer of Equity Shares in the IPO,” the BSE said in a communication on July 5 to its shareholders. “Furthermore, subject to applicable law, the total size of the IPO shall be up to 30%, of the post-IPO issued equity share capital of the Exchange,” it added.The National Stock Exchange (NSE) is also planning to list its shares on the exchanges. Highlights of BSE (extracted from its annual report for 2015-16):5,911 — number of companies listed on the exchange (equity and debt) as on March 31, 201611th — in the world in terms of number of trades12th — in the world in terms of market capitalisation13 subsidiary companies (direct and indirect), two joint ventures and one associate company In December 2015, the exchange signed an agreement with the India Bullion and Jewellers Association (IBJA) for setting up a spot bullion exchange, the first of its kind in India.9,007 — total number of shareholders of the exchange7,991 — number of shareholders who are individualsTop 10 shareholders include Deutsche Boerse AG, Singapore Exchange Limited, Caldwell India Holdings Inc., Atticus Mauritius Limited and Acacia Banyan Partners Limited, LIC, SBI and Bajaj Holdings.last_img read more

GNA Axles IPO Issue oversubscribed 136 times here is what brokerages are

first_imgGNA Axles, one of the 17 companies to approach the primary market via initial public offering (IPO) this year, saw its Rs. 130 crore public issue oversubscribed 1.64 times until afternoon on the second day on Thursday. The issue closes on Sept. 16, 2016 (Friday) and the price band is Rs. 205-207 per share.The company had earlier raised Rs. 38 crore from anchor investors at Rs. 207 per share.The company’s IPO is concurrent with that of another firm, L&T Technology Services, whose public issue opened on Sept. 12 and closes on Thursday, Sept. 15. The firm had received 71 percent subscription for its approximately Rs. 900 crore issue by the end of the third day (Sept. 14), according to data available with the stock exchanges.Another IPO, of ICIC Prudential Life Insurance, will hit the markets on Sept. 19 and close on 21. The price band is Rs. 300-334 per share and the issue size is in the range of Rs. 5,440 crore to Rs. 6,057 crore.GNA Axles, which was established in 1993, is a Punjab-based manufacturer of rear axle shafts, other shafts and spindles used in on-highway and off-highway vehicles.The company commenced domestic supplies in 1995 and exports in 2003 and generated about 54 percent of its revenues from exports in the financial year 2015-16. Here is what Angel Broking and Kotak Securities have to say about GNA Axles Limited (GNAAL):GNAAL’s export revenue is constituted by America (~49 percent), Europe (~33 percent), the Asia Pacific (~18 percent), and the balance is accounted for by Australia.Major clients include Meritor HVS AB, John Deere, Transaxle Manufacturing of America, Dana Ltd and Kubota Corporation.GNAAL has two manufacturing facilities: Unit I located in Hoshiarpur, Punjab and Unit II located at Kapurthala, Punjab.GNAAL’s manufacturing units had a total annual manufacturing capacity of 2.3mn rear axle shafts, 0.4mn other shafts and 0.3mn spindles as of March 31, 2016.GNA Axles IPO snapshotIssue size: 63 lakh shares, including 2 lakh shares reserved for employeesPrice band: Rs. 205-207 per shareBook runners and managers: PNB Investment Services Ltd and Ambit Private Ltd.Lisiting: Shares to be listed on NSE, BSEPromoters’ holding, post issue: 70.7 percentObjects of the issue: Purchase of plant and machinery, working capital requirement and general corporate purposes.last_img read more

39 Indian drug companies blacklisted by Vietnam

first_imgNearly 39 Indian drug companies, including Aurobindo Pharma, Cadila and Mcleods Pharmaceuticals have been blacklisted by Vietnam for quality standard violations.Antibiotics made by Aurobindo and Mcleod, and Cadila’s anti-rabies vaccine Lyssavac have been banned. Along with the Indian companies, the Vietnamese drug regulator has also banned companies from Bangladesh and South Korea on its website, but has not specified the reason for the ban.Lyssavac, Cadila’s anti-rabies vaccine was also banned by World Health Organisation in January this year. A representative of a banned company casted doubt on the samples collected and said that problem is with the retail stores who do not follow proper storage methods.”Certain storage conditions need to be maintained for some products. Our control samples are absolutely fine. The products were banned on the basis of one sample. We will approach the Vietnamese regulator soon,” a senior executive of a blacklisted company was quoted saying to Economic Times.An investor relation spokesperson for Aurobindo Pharma was said “Our sales to Vietnam is just around $1 million in a year and hence does not matter much. Regulatory authorities have introduced additional steps for testing before the release of the batch.”However, industry estimates peg the overall market size at over $2.6 billion and expected to hit $8 billion by 2020. But a similar ban imposed by Vietnam imposed on 45 Indian companies in 2014 caused a significant dip in Indian pharmaceutical products to Vietnamese market. According to livemint, who relied on official commerce ministry data, exports fell 12% to $146 million in 2015-16 from $165 million in the previous fiscal year.The companies included in the Drug Regulatory Authority of Vietnam’s black list for regulatory non-compliance in 2014 included companies such as Strides Arcolab Ltd, Medley Pharmaceuticals Ltd, Marck Biosciences Ltd, Marksans Pharma Ltd and Umedica Laboratories Pvt. Ltd.Since the first ban, there have been some official attempts to investigate and verify the claims that led the companies to get black listed. In 2015, the CDSCO and Pharmaceutical Export Promotion Council of India (Pharmexcil) had held a strategic meeting with their Vietnamese counterparts to address the issue. Earlier, last month as well, it was announced that the ministry of commerce and industries is planning to set up a committee, along with the Central Drugs Standard Control Organization (CDSCO).It is suggested that if the claims of the Drug Regulatory Authority of Vietnam is validated and verified, then the commerce ministry may resort to cancelling or suspending the Import Export (IE) code of the companies.The IE code is a registration issued by the Directorate General of Foreign Trade and is required for importing or exporting goods and services from India.Suspension and cancellation of the IE code could be done, as per the Foreign Trade (Development and Regulation) Act if “the Director General has reason to believe that any person has made an export or import in a manner gravely prejudicial to the trade relations of India with any foreign country or to the interests of other persons engaged in imports or exports or has brought disrepute to the credit or the goods of the country,” according to dgft.comlast_img read more