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China Evergrande soars after property developer's stocks resume trading
Shares of debt-laden property developer China Evergrande Group soared Tuesday after they resumed trading in Hong Kong following a suspension last week.
By midday, Evergrande's shares were up nearly 16 per cent after jumping more than 60 per cent early in the session.
Long weekend spurs hotel occupancy in Shimla to 70%
The long weekend from September 30 to October 2 recorded over 70 per cent occupancy in hotels here, marking the beginning of the revival of tourism in the state capital.
"The situation is improving. The room occupancy went over 70 per cent this weekend. We are hopeful that the tourist rush will increase in the coming days with the Shimla flying festival a paragliding accuracy competition which is going to be held in Junga in the suburbs of Shimla from October 12 to 15," Shimla Hotel and Tourism Stakeholders Association President MK Seth told The PTI on Tuesday.
Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried
Sam Bankman-Fried, a tech wunderkind who once promoted his FTX digital coin exchange as a safe way for regular people to get into cryptocurrency, faces the start of a criminal trial over allegations that he cheated thousands of customers.
Jury selection begins Tuesday in New York in a case in which the 31-year-old crypto mogul, once a billionaire, faces the possibility of a long prison term.
No shortage of medicine: Hospital dean denies negligence as cause of deaths
Amid the outrage among the Opposition over the deaths of 24 people, including 12 newborns, between September 30 and October 1, Shyamrao Wakode, the Dean of Dr Shankarrao Chavan Government Medical College and Hospital Nanded, rejected allegations of negligence against the hospital on Tuesday, claiming that deceased patients were suffering from different ailments such as diabetes, liver failure, and kidney failure.
He emphasized that there was no shortage of medicines or doctors, and the patients were given proper care, but their bodies did not respond to the treatment.
PM Modi to inaugurate NMDC's plant, new rail lines in Chhattisgarh's Bastar
Prime Minister Narendra Modi will dedicate to the nation or lay foundation stones of several projects worth Rs 26,000 crore, including the NMDC's steel plant, at Jagdalpur city in poll-bound Chhattisgarh on Tuesday, where he will also address a public meeting.
Incidentally, the Congress has called for a 'bandh' (shutdown) in the region during the PM's visit alleging the Modi government wants to privatise the steel plant, which is located in Nagarnar village, some 22 kilometres from Jagdalpur in Bastar district. It will be PM Modi's fourth visit in the last two-and-half months to the Congress-ruled state, where assembly elections are due by this year-en
Elon Musk facing defamation lawsuit in Texas over posts that falsely identified man in protest
A California man who says he was harassed after Elon Musk amplified posts on his social media platform X, formerly known as Twitter, that falsely placed the man at a confrontation involving far-right protesters sued the billionaire for defamation in a lawsuit filed Monday.
Benjamin Brody, 22, is represented by Mark Bankston, a Texas attorney who won a defamation case last year against conspiracy theorist Alex Jones in a lawsuit brought by families of the Sandy Hook Elementary shooting. Brody is seeking a jury trial in Austin, Texas, and unspecified damages of at least USD 1 million.
Over 400 Indian companies have invested in Vietnam: Envoy highlights ties
India's Consul General in Ho Chi Minh City, Vietnam, Madan Mohan Sethi highlighted the cordial and friendly relationship between India and Vietnam, emphasizing their historical ties through civilization that spans over 2,000 years.
"More than 400 Indian companies, small and big have invested in Vietnam for a cumulative value of more than USD 1 billion," he said.
Sanatana Dharma is the only religion, rest all sects: UP CM Adityanath
24 patients, including 12 newborns, die in Maharashtra hospital in a day
PM Modi to visit poll-bound Chhattisgarh, Telangana today
Prime Minister Narendra Modi will visit poll-bound states of Chhattisgarh and Telangana on Monday and will lay the foundation stone of multiple development projects in both states.
PM Modi will dedicate multiple development projects worth more than Rs 26,000 crore in Chhattisgarh, including the NMDC Steel Ltd's Steel Plant at Nagarnar in Bastar district.
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First Published: Oct 03 2023 | 9:05 AM IST