Author: Team Admin

MUMBAI: As the marathon general elections draw to a close, India Inc is firming up strategies to raise fresh capital. The optimism surrounding the election outcome, capital expenditure (capex), and favourable valuations are key drivers behind listed firms’ plans to issue new papers. Adani Enterprises, the flagship firm of the Adani group, on Wednesday, had received board approval to raise Rs 16,000 crore in equity capital. A day earlier, power transmission company Adani Energy Solutions announced its plan to raise Rs 12,500 crore. In addition, drug major Torrent Pharma, solar power generation firm KPI Green, and Cello World — which…

Goemkarponn desk PANAJI: The peak power demand in the country touched a new historic high of 246 Gigawatts (Gw) around 3 pm on Wednesday afternoon. As the country, especially the northern region, sizzled with heat waves, the power demand shot up. It crossed the previous highest record of 242 Gw in September last year. During the current year, May has witnessed several power demand records. The country’s peak power demand touched 239 Gw earlier this month, which was the highest for May earlier. Additionally, several states also recorded their highest-ever power demand. Leading the pack is Uttar Pradesh where demand…

PUNE: Lending credence to allegations of political meddling, the dean of Pune’s Sassoon Hospital has claimed that one of the doctors accused of replacing the blood samples of the teenager behind the Porsche accident had been made the head of the forensic department at the insistence of a state minister and an MLA. The legislator, Sunil Tingre, was also accused of visiting the Yerwada police station after the crash – in which two IT professionals were killed – and pressuring officials to go easy on the case. Addressing a press conference on Wednesday, the hospital’s dean, Vinayak Kale, said Maharashtra…

KOLKATA: The Union ministry of home affairs (MHA) said the process of granting citizenship under the new Citizenship Amendment Act or CAA has now commenced in West Bengal, Haryana and Uttarakhand with the first set of citizenship certificates handed over to the eligible individuals by the empowered committees in the states on Wednesday. The development comes as the seventh phase of voting for the Lok Sabha elections is set to take place on June 1 in the constituencies of Dum Dum, Barasat, Basirhat, Jaynagar, Mathurapur, Diamond Harbour, Jadavpur, Kolkata Dakshin, Kolkata Uttar parliamentary constituencies across West Bengal. After notifying Citizenship…

NEW DELHI: The India Meteorological Department (IMD) clarified that the maximum temperature of over 52 degrees Celsius recorded in Delhi’s Mungeshpur on Wednesday was an “error in sensor or local factor.” The IMD stated in an official release that it is examining the data and sensors. “The maximum temperature over Delhi NCR varied from 45.2 degree Celsius to 49.1 degrees Celsius in different parts of the city, Mungeshpur reported 52.9 degrees Celsius as an outlier compared to other stations. It could be due to an error in the sensor or the local factor. IMD is examining the data and sensors,”…

New York: ISIS-K has called for a “Lone Wolf” attack on the India-Pakistan World Cup Cricket match here next month, a top police official has warned while putting security on high alert. In a video that has gone global, the terror group is “calling for that ‘Lone Wolf’ to act out”, said Patrick Ryder, the Police Commissioner of Nassau County where the match is scheduled for June 6. “Lone Wolves” are members or sympathisers of terrorist organisations who take cues from the organisations and operate independently by themselves making it more difficult to track them down. On Wednesday, New York…

NEW DELHI: The Congress has filed a complaint with the Election Commission of India (ECI) saying Prime Narendra Modi’s two-day meditation break from Thursday to Saturday in Tamil Nadu’s Kanyakumari will violate the 48-hour silence period ahead of the seventh and the last phase of Lok Sabha polling. Modi’s office on Tuesday said he will meditate at Kanyakumari’s Rock Memorial. The meditation will coincide with the seventh phase of the Lok Sabha polls on Saturday. Modi took a similar break at the end of the election campaigns in 2014 and 2019. “We have no problem if any leader keeps a…