Fish meal factory gutted in Mangaluru; short circuit suspected

Gautam Adani, chairman of multinational conglomerate the Adani Group, has reclaimed the title of the richest person in Asia with a net worth of $111 billion, according to the Bloomberg Billionaires Index. This came after the group's shares rallied up to 14 per cent on Friday.

With this, Adani has overtaken Reliance Industries’ Mukesh Ambani after nearly 5 months. Ambani stands at 12th rank with a net worth of $109 billion. He had overtaken Adani in net worth after his conglomerate's shares crashed following the Hindenburg report last January.

So far in 2024, Adani’s net worth has jumped $26.8 billion while Ambani's wealth has increased by $12.7 billion.

Last week, Adani also expressed his optimism about the future of the group saying that its best days are ahead.

“The road ahead is paved with extraordinary possibilities, and I can promise you that the Adani Group today is stronger than it has ever been," he said.

2023 had been quite challenging for the Adani Group after the Supreme Court ordered a panel to probe the allegations in the Hindenburg report. Adani, who was the third richest person in the world before the report, slipped in the rankings rapidly after the group's shares saw a sell-off.

However, later the Supreme Court ordered the Securities and Exchanges Board of India (Sebi) to conclude its investigation into the Adani Group and said no more probes were needed. Sebi had said that it could not reach an outcome in its probe.

The shares of the Adani Group have rallied after the judgement. In January, Adani had overtaken Ambani after nearly 12 months but later the lead was taken again by Ambani. Now Adani has overtaken Ambani again.

The Bloomberg Billionaires Index showed that currently, Bernard Arnault is currently the richest person in the world with a net worth of $207 billion. He is followed by Elon Musk and Jeff Bezos with total wealth of $203 billion and $199 billion respectively.

The VTU Mangaluru division inter-collegiate football tournament was inaugurated on May 22, 2023, at P.A. College of Engineering, Nadupadavu. The inaugural ceremony was graced by Mr. Abdullah, a renowned footballer and businessman, who served as the chief guest and initiated the tournament with a ceremonial kick-off.

Dr Ramis M.K., the Principal of P.A. College of Engineering, highlighted the significance of student participation in sports, especially football, underscoring elements such as player coordination, strategic planning, team spirit, skill development, and techniques.

The ceremony was also attended by several notable figures, including Mr. Sharfuddin P. K.  Assistant General Manager of Campus, PAET; Dr. Sayyad Ameen Ahammad,  Dean of Student Affairs (PAET) and Dr. Sharmila Kumari, Vice Principal of P.A. College of Engineering; Mr. Niyaz Khan from the HR department of PAET; and Dr. Iqbal, Director of Physical Education, who delivered the welcome address. The event was anchored by Prof. Salim, Department of Electronics & Communication. 

Seventeen teams from the VTU Mangalore Division is participating in this esteemed tournament, demonstrating sportsmanship and competitive spirit among the colleges.

Mangaluru: All necessary arrangements are in place for the counting of votes for the Lok Sabha elections, confirmed Dakshina Kannada deputy commissioner Mullai Muhilan MP.

The opening of EVM strong rooms is scheduled between 6 am and 7 am, with counting starting promptly at 8 am. Each counting hall has been equipped with 14 tables specifically for EVM counting. Each table will have one counting supervisor, one assistant, and one micro observer. Additionally, 20 tables have been set up to count postal ballots.

“For Electronically Transmitted Postal Ballot System (ETPBS), three tables have been arranged,” he told the media.

Each hall will have an assistant returning officer overseeing the EVM counting process. Approximately 600 personnel will be on duty for counting operations. Mobile phones, iPads, laptops, or any other electronic devices capable of recording audio or video are strictly prohibited inside the counting centre. The number of counting rounds varies between 15 to 19, depending on the assembly constituencies in Dakshina Kannada. After counting concludes, the EVMs and VVPATs will be stored at the EVM warehouse at Padil in Mangaluru city.

The DC emphasised, “Prohibitory orders under Section 144 will be in force, and no victory processions will be allowed till midnight on Tuesday.”

The district reported a 77.6% voter turnout via EVMs, with 8,537 postal ballot votes cast. Of the 514 service voters, 231 votes have been received, with the deadline extending until 7 am on Tuesday. The area within a 100m radius of the counting centre will be declared a pedestrian zone.

City commissioner of police Anupam Agrawal highlighted the reinforced security measures for the counting process.

“Five KSRP platoons, 13 CAR platoons, 2 DCPs, 6 ACPs, and additional paramilitary force personnel will ensure security. Three layers of security will be in place at the counting centre. A total 850 personnel will be on duty for bandobast,” he said.