Protest against ‘Agnipath’ out of control: Trains set ablaze; BJP MLA among many injured

News Network
June 16, 2022

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Patna, June 16: Trains were set afire, window panes of buses smashed and passersby, including a ruling BJP MLA, pelted with stones on Thursday in Bihar by Army job aspirants whose protest against the Centre's short-term recruitment scheme, 'Agnipath', continued for the second consecutive day.

Police fired teargas shells and charged baton to disperse the angry youngsters who blocked railway tracks, threw burning tyres on roads and performed push-ups and other drills on the streets as a mark of protest against the new recruitment process, under which hiring has been proposed for a four-year-period followed by compulsory retirement, for at least 75 per cent of the personnel, without any pension benefits.

In Nawada, the vehicle of BJP MLA Aruna Devi, who was on her way to a court, was attacked by the agitators who hurled stones at her car, leaving five persons, including the legislator, injured.

"The protesters seemed to have been provoked by the sight of the party flag, fitted on my car, which they tore. My driver, two security guards and two personal staff members have sustained injuries," the MLA told reporters, adding that she was "too shaken" to have registered a police complaint.

Railway property bore the brunt of the protesters as stationary bogeys were set on fire at Bhabhua and Chhapra stations and window panes of compartments smashed at many places.

In Arrah, the railway station was swarmed by a large number of protesters who were dispersed after the police fired teargas shells.

The East Central Railway zone, headquartered in Hajipur, reported massive disruption of rail traffic. Busy routes like Patna-Gaya, Barauni-Katihar and Danapur-DDU were listed among those worst-affected by the stir, officials said.

In Buxar, station manager Rajan Kumar said many trains were stranded at the outer signal as the tracks were blocked by agitators whom police and administrative officials were trying to pacify.

Demonstrations staged by the protesters disrupted road traffic in districts such as Jehanabad, Buxar, Katihar, Saran, Bhojpur and Kaimur, where many locals sustained injuries in incidents of stone-pelting, the officials said.

Details of police action, including FIRs registered in connection with the violence and arrests made in the connection, were not known immediately. 

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News Network
November 11,2024

Udupi, Nov 11: A traveller reportedly lost ₹4.1 lakh after attempting to book a cab online in Udupi. 

At around 1:30 PM on November 7, the man from West Bengal searched for car rentals on Google and selected a website named "Shakti Car Rentals." Shortly after, he was contacted by someone claiming to be "Rohit Sharma," who directed him to pay a registration fee of ₹150 on the site.

After unsuccessful payment attempts via both his Canara Bank debit card and SBI credit card (without receiving an OTP), "Rohit Sharma" instructed him to pay the driver directly. But at 1:47 PM, he received messages showing deductions of ₹3.3 lakh from his SBI credit card and ₹80,056 from his Canara Bank debit card, totaling ₹4.1 lakh.

The complainant alleges fraud through a deceptive link disguised as a booking token fee. A case has been registered at Udupi Town Police Station.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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News Network
November 19,2024

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