Ockhi continues to batter Kerala; 2,700 evacuated from Ernakulam

News Network
December 2, 2017

Ernakulam, Dec 2: The coastal areas of Ernakulam district in Kerala on Saturday faced the wrath of raging sea in the wake of cyclone Ockhi. Nearly 2,700 people from 718 families were evacuated to seven shelters spread over five villages in Kochi taluk as on Saturday afternoon.

The first casualty in connection with the natural calamity was also reported from the district as 42-year-old Rexon was found dead near his inundated home at Maruvakkad in West Kochi’s Chellanam area on Saturday morning. After being moved to a shelter the previous evening, he had returned home in the morning to take stock of the situation. It is suspected that he had collapsed and died unnoticed since all families in the neighbourhood were in shelters.

Hundreds of families at Chellanam had to be evacuated overnight to safe shelters after unprecedented sea incursion flooded their homes and then breached the road nearby. There was no respite for the residents of Chellanam as an already rough sea turned worse during the time of high tide late on Friday evening.

“Big waves started lashing the shore around 8 p.m. and it continued till around 11 p.m. The sea turned relatively calm thereafter but again turned rough around 2 a.m. People belonging to older generation said that they had not seen anything similar during their lifetime,” said Milton Antony, a local resident.

The stretch between Maruvakkad Velankanni Church and Bazaar areas where the seawall had not been built was the worst-affected. “The receding waves have deposited black mud along the shoreline clearing, which would need extensive cleaning,” said A.X. Antony Sheelan, a former block panchayat president from the area.

He said with the increase in the depth of the harbour, areas up to 22 kilometres to its south had become susceptible to vagaries of sea rage as was seen in Chellanam and nearby areas now.

St. Francis Church Parish Hall in Kumbalanghi village, which shelters 200 families and 800 people, has the largest number of evacuees. Devi Vilasam LPS at Veliyathamparambu in Kumbalanghi has 156 families and 595 occupants; GHSS Puthenthodu in Chellanam village 139 families and 494 members; St. Mary’s HS in Chellanam village 130 families and 425 members; Government UPS, Edavanakkad 38 families and 164 members; Government Fisheries School, Nayarambalam, 40 families and 110 members; and St. George Church Parish Hall at Kumbalanghi village shelters 15 families and 60 members.

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News Network
November 11,2024

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Udupi, Nov 11: The Karkala town police in Udupi have arrested Krishna Naik, the sculptor responsible for installing a 33-foot Parashurama statue at Umikkal Hill in Bailur, Karkala taluk. 

Naik, the owner of Krish Art World and a resident of Bengaluru's Visvesvaraya Layout, was apprehended in Mahe, part of the Union Territory of Puducherry, for allegedly substituting a look-alike statue in place of a genuine bronze figure at the Parashurama Theme Park in Karkala.

Udupi Superintendent of Police Dr. Arun K confirmed the arrest, stating that Naik faces charges under Sections 420 (cheating) and 409 (criminal breach of trust) of the Indian Penal Code. 

This legal action followed a complaint lodged in June by Krishna Shetty, a resident of Nallur village, Karkala. Shetty claimed that Naik had received a payment of ₹1,25,50,000 from Udupi Nirmithi Kendra for the installation of a bronze Parashurama statue. However, Naik allegedly deceived the government by installing a replica instead.

The statue was unveiled on January 27, 2023, by then Chief Minister Basavaraj Bommai. Current Chief Minister Siddaramaiah has since ordered a CID investigation to probe deeper into the alleged fraud surrounding the statue's installation at the theme park.

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News Network
November 19,2024

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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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