India

Indian tycoon Adani hit by more losses, calls for probe

NEW DELHI (AP) — Shares in troubled Adani Enterprises gyrated Friday, tumbling 30% and then rebounding after more than a week of heavy losses that have cost it tens of billions of dollars in market value.

The company, the flagship of India’s second-largest conglomerate, canceled a share offering meant to raise $2.5 billion earlier this week after U.S. short-selling firm Hindenburg Research issued a report accusing it of market manipulation and other fraudulent practices. Adani denies the allegations.

Husband's fresh statement brings twist in acid throwing case

Kanpur: There has been a new twist in the case of burning acid on husband on Saturday in Cooperganj here.

As soon as the wife went to jail, the husband retracted from his allegations.

He told the media that he had got scalded after hot water fell on him, the wife had not thrown acid, although the police had sent the wife to jail.

Dabbu Gupta, a resident of Cooperganj, on Saturday accused his wife Poonam of burning him by pouring acid on him.

On Dabbu's application, the police got her medical done and sent Poonam to jail on Sunday.

India: Wife throws acid on her husband's face in Kanpur

Kanpur: A woman allegedly threw acid at her husband`s face in Cooperganj area here just because he questioned her for staying out of the house till late at night, police said.

The husband, Dabbu Gupta, aged 40, has sustained severe burns all over his face.

His wife, Poonam, aged 35, has been arrested and reportedly sent to jail.

In a viral video, Gupta was seen narrating his ordeal to the media at the police station premises.

He claimed that when he asked his wife the reason for her delay in returning home, she retorted saying it was none of his business.

India: Graduate MLC elections results to come on February 2 in Kanpur

Kanpur: The Graduate and Teacher MLC elections held on Monday saw less turnout this time as compared to the last poll in Kanpur Nagar, Kanpur Dehat and Unnao.

There has been a decrease of 17.21 percent in graduate elections and 2.71 percent in teacher elections.

A total of 40.93 percent voters cast votes on graduate seat and 68 percent voters on teacher seat.

The reason for the higher vote percentage in the teachers MLC is that its voters are less than the graduate voters, as reported.

India: Adani's $2.5 billion share sale faces crucial day after rout

NEW DELHI, Jan 29 (Reuters) - Gautam Adani faces a critical day on Monday with his flagship company's $2.5 billion share sale's second day of bidding overshadowed by a $48 billion rout in the Indian billionaire's stocks which was sparked by a U.S. short seller's report.

Seven listed companies belonging to the Adani conglomerate, which is led by Asia's richest man, saw sharp falls in their values after Hindenburg Research report last week flagged concerns about high debt levels and the use of tax havens.

India: Kanpur zoo safe with cash recovered from under wooden bridge

Kanpur: The police recovered the stolen two-and-a-half quintal vault from the cash room of the Kanpur Zoo during a combing operation on Saturday.

A sum of 5.95 lakh cash kept in the safe has also been reportedly found.

Due to the vigilance of the police, the thieves could not take out the safe.

The police are interrogating the employees posted on night duty in custody based on suspicion.

According to ACP Colonelganj Akmal Khan, all the gates of the zoo were closed and the movement was banned.

Six Killed In Hospital Fire In Eastern India

NEW DELHI, Jan 28 (NNN-PTI) – At least six people died in a fire, that broke out inside a private hospital, in India’s eastern state of Jharkhand today, a local cop said over phone.

The fire broke out on the second floor of the Hazra Hospital, in the Bank More area of the Dhanbad district, in the early hours of the day.

The dead included the private hospital’s owner (doctor), his wife, a servant, and two relatives. Most of the deaths were caused by asphyxiation, said the cop.

India establishes 3 Grievance Appellate Committees to ensure accountability of internet platforms

NEW DELHI, Jan. 28 (Xinhua) -- The Indian government on Saturday established three Grievances Appellate Committees (GAC) that will address users' complaints against social media and other internet-based platforms to ensure accountability of internet platforms.

GAC is based on the recently amended Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, IT Rules 2021 and the committees are composed of three members each.

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