Equity indices trade firm, auto stocks surge

Agencies
March 1, 2021

West Coast Paper Mills shares rally 13% on decision to acquire stake in  International Paper - cnbctv18.com

Mumbai, Mar 1: Equity benchmark indices traded firm during early hours on Monday on the back upbeat global sentiment and India getting technically out of recession with Q3 GDP data showing 0.4 per cent growth.

At 10:15 am, the BSE S&P Sensex was up by 735 points or 1.5 per cent at 49,806 while the Nifty 50 edged higher by 210 points or 1.45 per cent to 14,739.

All sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 2.2 per cent, financial service by 2 per cent, private bank by 1.8 per cent and IT by 1.5 per cent.
Among stocks, Hero MotoCorp surged by 3.7 per cent to Rs 3,334.40 per share and Mahindra & Mahindra by 3.5 per cent to Rs 835.30.

Power Grid Corporation ticked up by 3.5 per cent, ONGC by 3.3 per cent and Titan by 2.9 per cent. However, Bharti Airtel fell by 2.3 per cent, SBI Life by 0.6 per cent and Hindalco by 0.5 per cent.

Meanwhile, Asian shares rallied as some semblance of calm returned to bond markets after last week's ride. Progress in the huge US stimulus package underpinned optimism about the global economy also sent oil prices higher.

MSCI's broadest index of Asia Pacific shares outside Japan edged up by 0.8 per cent. Japan's Nikkei rallied by 2.1 per cent while Chinese blue chips added 0.5 per cent.

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News Network
December 7,2024

Udupi, Dec 7: A tragic incident involving the death of a 38-year-old hotel worker in Manipal has been confirmed as a case of suicide, dispelling initial reports of murder. Udupi Superintendent of Police (SP) Dr. Arun Kumar clarified the matter after an investigation, including CCTV footage review, revealed the victim, Sridhara, took his own life in a shocking and rare manner.

Incident Overview
The lifeless body of Sridhara, a resident of Kasarakoda and hotel employee in Manipal, was discovered early Friday near Ananta Kalyana Nagara. Initially, it was believed he had been murdered, his throat reportedly slit with a beer bottle. However, a detailed inspection of the scene and CCTV evidence from a nearby shop confirmed that Sridhara inflicted the fatal injury on himself.

Footage revealed the chilling sequence: Sridhara was seen walking purposefully to the spot before suddenly using a beer bottle to slit his throat, collapsing moments later. The act left his throat almost entirely severed, and the beer bottle, along with an empty bag, was found near his body.

Suspected Drug Influence
Authorities suspect Sridhara may have been under the influence of narcotics at the time. A post-mortem examination was conducted at KMC Manipal to uncover any potential contributing factors.

Public Concern and Investigation Status
Although the investigation has ruled out foul play, local residents have urged authorities to probe further to ensure no external involvement was overlooked. The police, while confident in their findings, have withheld the CCTV footage from public release due to the sensitive nature of the case and ongoing inquiries.

“This was a tragic and rare method of suicide, confirmed through thorough investigation and verified CCTV evidence,” SP Dr. Arun Kumar stated, urging the public to avoid speculation.

The incident has left the community in shock, sparking discussions around mental health awareness and the impact of substance abuse. Authorities continue to investigate further to close the case conclusively.

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News Network
December 13,2024

actordarshan.jpg

Bengaluru: The Karnataka High Court on Friday granted bail to the prime accused actors Darshan Thoogudeepa Srinivas and Pavithra Gowda in the Renukaswmy murder case.

Justice S Vishwajith Shetty said that all the petitions have been allowed.

The other accused in the case, Nagaraju, Anu Kumar, Lakshman, Jagadeesh alias Jagga and R Pradoosh Rao have also been granted bail.

Renukaswamy was found dead on June 8, 2024. He was working in a medical shop in Chitradurga. The accused had kidnapped and allegedly murdered him in a shed at Pattanagere in R R Nagar police station limits of Bengaluru city for sending obscene messages to Pavithra Gowda.

The actor was arrested on June 11 this year. He was earlier lodged at the Parappana Agrahara Jail in Bengaluru, but when a photograph went viral showing him relaxing with some of the jail inmates, he was transferred to Ballari Central Jail.

Darshan is presently hospitalised for alleged back pain.

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News Network
December 11,2024

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Ayatollah Seyyed Ali Khamenei, Leader of the Islamic Revolution, has called the Syrian conflict a "joint American and Zionist plot," while attributing a secondary role to a neighboring country in the crisis.

Speaking to a gathering in Tehran on Wednesday, Ayatollah Khamenei emphasized, "There should be no doubt that what happened in Syria was plotted in the command rooms of the United States and Israel. We have evidence for this."

The Leader also pointed to the involvement of a neighboring nation, widely understood to be Turkey, stating, "One of the neighboring countries of Syria also played a role, but the primary planners are the US and the Zionist regime."

Ayatollah Khamenei dismissed fears of a weakened resistance front following the takeover of parts of Syria by militants and Takfiri terrorists. He assured that resistance will emerge stronger despite the adversities. "This is what the resistance is, this is what the resistance front is. The more you push, the stronger it becomes; the more you commit crimes, the more motivated it becomes. The more you fight with them, the more widespread it will be, and I tell you, by the Divine Power, the domain of resistance will cover the entire region more than before."

The Leader rejected analysis suggesting that a weakened resistance front would lead to Iran’s decline. "That ignorant analyst, unaware of the meaning of resistance, imagines that when the resistance becomes weak, Islamic Iran will also become weak, and I say that by God's will and power and with the permission of God Almighty, Iran is strong and powerful and will only grow more powerful," Ayatollah Khamenei declared.

Highlighting the divisions among militant groups operating in Syria, the Leader noted, "Each group has its own agenda and all seek to stake out their own turf."

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