LIVE: Adani Group decides not to go-ahead with FPO, money to be returned

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Adani Enterprises Ltd., (AEL) has decided not to go-ahead with the fully subscribed Follow-on Public Offer (FPO). Given the unprecedented situation and the current market volatility the Company aims to protect the interest of its investing community by returning the FPO proceeds and withdraws the completed transaction.

Avalanche hit the Afarwat peak at famous ski resort in Gulmarg. Rescue operation has been launched by Baramulla Police along with other agencies. Reports of some skiers being trapped are being corroborated, reports ANI


There are some good things in #UnionBudget2023 but there was no mention of MNREGA, poor rural labour, employment & inflation. Some fundamental questions remained to be answered: Congress MP Shashi Tharoor

Mukesh Ambani overtakes Gautam Adani as the richest Indian in the world according to the Forbes Real-time Billionaires list.

Mukesh Ambani overtakes Gautam Adani as the richest Indian in the world according to the Forbes Real-time Billionaires list. pic.twitter.com/fczk8MXtSq

India's manufacturing industry started the year on a weaker note, expanding at the slowest pace in three months in January as output and sales growth slackened, a private survey showed on Wednesday.

Tripura CPI(M) secretary Jitendra Choudhary on Tuesday hinted that his party may ally with Tipra Motha, a regional front, in the upcoming Assembly election in February. Speaking to reporters on Tuesday, Choudhary said his party was in talks with the regional front for an alliance. The Assembly elections are scheduled to be held on February 16.

Congress MP Adhir Ranjan Chowdhury on Tuesday criticised President Droupadi Murmu's address to a joint sitting of the Parliament on the opening day of the Budget Session, saying that her speech skipped reference to important issues such as unemployment.

Russia's refusal to allow on-the-ground inspections to resume is endangering the New START nuclear treaty and US-Russian arms control overall, the Biden administration charged on Tuesday.

 

10:48 PM

Not morally correct to go ahead with FPO, says Adani

FPO called off after being fully subscribed considering market volatility. Company aims to protect investors' interest.

 

9:38 PM

FM Nirmala Sitharaman likely to address RBI board on Feb 11, highlight key points of Budget

Finance Minister Nirmala Sitharaman is likely to address the Reserve Bank of India's central board on February 11 and highlight key points of the Union Budget, including the fiscal consolidation roadmap and high capital expenditure plan.

 

The post-budget meeting has been scheduled for February 11 where Sitharaman would be addressing the board members and talk about announcements made in the Budget 2023-24 to perk up growth in view of geopolitical tension and tightening interest environment by central banks across the world, the PTI reported.

9:14 PM

India lists Pakistan-based terrorist Abdul Rehman Makki as UN-listed terrorist

9:14 PM

India lists Pakistan-based terrorist Abdul Rehman Makki as UN-listed terrorist

7:51 PM

Police busts LeT module in Jammu and Kashmir's Rajouri, arrests 3 including kingpin

The Jammu and Kashmir Police on Wednesday claimed to have busted a module of terror group Lashkar-e-Taiba, tasked with carrying out blasts in crowded places and to target security vehicles, with the arrest of three people.

Deputy Inspector General of Police, Rajouri, Haseeb Mughal said the module was busted after an investigation was launched following the recovery of sophisticated improvised explosive devices (IEDs), having pressure and timer mechanisms, in the district.

"The IEDs were smuggled from across the border to set off explosions at crowded public places and target security vehicles and camps. The arrest of the trio, including the kingpin, prevented nefarious designs of the terror handlers (from being executed)," Mughal told reporters in Rajouri, PTI reported.

7:33 PM

Delhi min temperature at 8.6 degrees Celsius, AQI in 'moderate' category

Chilly winds swept the national capital and kept the mercury down on Wednesday. The national capital recorded a high of 21.6 degrees Celsius, a notch below the season's average. The humidity level oscillated between 53 per cent and 100 per cent.

 

Delhi witnessed windy morning with the minimum temperature settling at 8.6 degrees Celsius — a normal for this time of the year.

 

According to the Ministry of Earth Sciences' air quality monitor SAFAR, the air quality will remain 'moderate' or the 'lower end of poor' for the next two days.

7:11 PM

2 polish nationals killed in massive snow avalanche in Kashmir's Gulmarg

Two polish nationals lost their lives to a massive avalanche that hit the upper reaches of Jammu and Kashmir's ski resort Gulmarg on Wednesday. 21 skiers trapped by the avalanche were rescued from the slopes.

 

Snow avalanches are frequent in higher reaches of Kashmir during the months of January and February, especially after fresh snowfall. Kashmir received heavy snowfall on January 29 and 30.

 

6:40 PM

Jharkhand CM Hemant Soren announces compensation of Rs 4 lakhs for Dhanbad fire victims' family

Jharkhand Chief Minister Hemant Soren on Wednesday, announced a compensation of Rs 4 lakhs for the family members of those who died in the Dhanbad fire incident that killed 14 people.

"The state government has directed to give a compensation amount of Rs 4 lakh rupees to the family members of the people who died in Dhanbad's Ashirwad apartment and other accidents in the past. Instructions have also been given to the district administration to provide proper treatment and other facilities to the people injured in the accident," Soren tweeted.

 

6:10 PM

WhatsApp bans over 3.6 million 'bad' accounts in India in December

Meta-owned WhatsApp on Wednesday said it banned over 36 lakh malicious accounts in India in the month of December 2022 in compliance with the new IT Rules 2021, which are being amended to put more responsibilities on social media platforms.

 

The messaging platform, which has more than 400 million users in the country, received 1,607 complaint reports in December in the country, and the records 'actioned' were 166.

5:46 PM

Delhi Mayor election to be held on February 6

Election for Delhi Mayor, which has been postponed twice already, will be held on February 6.

3:53 PM

Two foreign nationals dead in avalanche in J-K's Gulmarg, reports ANI

2:53 PM

Budget 'anti-people', 'opportunistic', says Bengal CM Mamata Banerjee

Terming the Union Budget "anti-people", West Bengal Chief Minister Mamata Banerjee on Wednesday said it will deprive the poor.

 

Addressing a government function at Bolpur in Birbhum district, she claimed that the changes in the income tax slabs will not help anyone.

2:48 PM

Budget 2023-24 has vision for 'New India', says UP CM Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday said the Union Budget 2023-24 has a vision for 'New India'.

 

"The budget talks about the vision for New India, the country's prosperity and aims to serve 130 crore Indians," he said in a series of tweets in Hindi.

 

2:47 PM

Budget 2023-24 has vision for 'New India': UP CM Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday said the Union Budget 2023-24 has a vision for 'New India'.

 

"The budget talks about the vision for New India, the country's prosperity and aims to serve 130 crore Indians," he said in a series of tweets in Hindi.

 

2:23 PM

Massive avalanche hits hits Gulmarg skiing resort; several people trapped

Massive avalanche hits hits Gulmarg skiing resort in Jammu and Kashmir; several people trapped