Nipah alert sounded in Dakshina Kannada, other districts bordering Kerala; govt asks people not to panic

News Network

September 13, 2023

Mangaluru, Sept 13: The Karnataka Government has directed officials of Dakshina Kannada and other districts bordering Kerala to strengthen fever surveillance. Meanwhile, it also asked people not be panic about the outbreak of Nipah in Kozhikode in Kerala.

Only those with fever, who have travel history to Kozhikode, and have come in direct contact with a person who tested positive for Nipah, should be considered as potentially vulnerable to the infection, the government stated.

During an online meeting with Health Officers and Disease Surveillance Officers of Dakshina Kannada, Mysuru, Hassan and other districts on September 13, State Disease Surveillance officers asked district officials to send samples (throat swab, urine, blood) of only potentially vulnerable people for testing at National Institute of Virology (NIV), Bengaluru.

“Suspects could be a resident of the village where a Nipah positive case has been reported. It can also be a care-giver or health worker, who had treated a Nipah patient. Samples of only suspects should be sent to NIV. If you send samples of others, NIV will reject them,” the official told district officials.

Suspected ‘Nipah’ patients should be treated in isolation by following all necessary precautions and they be given symptomatic and supportive treatment as per the guidelines of the Union Ministry of Health and Family Welfare, the State officials said.

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Adani Group in Crisis: $30 Billion Wiped Out after US Bribery and Fraud Charges Emerge

News Network

November 21,2024

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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