Business

Equity indices rebound in early trade amid global market rally, strong buying in ITC, ICICI Bank-Telangana Today

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In early trading, the BSE Sensex rose by 292.29 points, or 0.36%, reaching 81,980.74. Meanwhile, the NSE Nifty increased by 54.55 points, or 0.22%, to hit 25,069.15.





Updated On – 7 October 2024, 12:06 PM


Equity indices rebound in early trade amid global market rally, strong buying in ITC, ICICI Bank


Mumbai: Equity benchmark indices rebounded in early trade on Monday after tumbling in the previous week amid a rally in global markets, along with buying in index majors ITC and ICICI Bank.

The BSE Sensex climbed 292.29 points or 0.36 per cent to 81,980.74 in early trade. The NSE Nifty went up by 54.55 points or 0.22 per cent to 25,069.15.

From the 30 Sensex firms, ITC, Kotak Mahindra Bank, HCL Technologies, Infosys, ICICI Bank, Tata Consultancy Services and Bharti Airtel were the major gainers.

Titan, Adani Ports, NTPC, Power Grid and HDFC Bank were among the laggards.

In Asian markets, Tokyo, Shanghai, Hong Kong and Seoul traded higher on Monday.

The US markets were ended on positive territory on Friday.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 9,896.95 crore on Friday, while Domestic Institutional Investors (DIIs) bought equities worth Rs 8,905.08 crore, according to exchange data.

“Globally stock markets have been resilient despite the escalating tensions in the Middle East. A big positive for equity markets is the strong US economy where the September non-farm job numbers have come surprisingly robust,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.

The combination of a strong economy and declining inflation in the mother market of the US is a big positive, he added.

Global oil benchmark Brent crude declined 0.44 per cent to USD 77.71 per barrel.

On Friday, the BSE Sensex tumbled 808.65 points or 0.98 per cent to settle at a three-week low of 81,688.45, while NSE Nifty slumped 235.50 points or 0.93 per cent to 25,014.60.

Last week, the BSE Sensex tanked 3,883.4 points, or 4.53 per cent, and the Nifty slumped 1,164.35 points, or 4.44 per cent.

Hyderabad

Khammam Collector helps physically challenged street vendor begin new journey

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The Collector who recently visited Mahila Shakti canteens in Khammam city interacted with a physically challenged street vendor, D Kamala, who was selling fried groundnuts by the side of a road at Zaheerpura circle

Published Date – 21 December 2024, 06:25 PM


Khammam Collector helps physically challenged street vendor begin new journey

Collector Muzammil Khan speaking with a street vendor D Kamala in Khammam

Khammam: District Collector Muzammil Khan, who has been reaching out to common people, helped a person with disability (PwD) in Khammam to begin a new journey.

The Collector, who has been connecting with the sections that were usually uncared for by officials in higher positions, has on several occasions visited auto-rickshaw addas (spots) and interacted with auto rickshaw drivers to learn about their problems.

In continuation of his efforts, Khan arranged a special health camp for auto-rickshaw drivers and their families in the second week of December to address their health issues. He also took steps to conduct yoga classes for auto rickshaw drivers.

The Collector who recently visited Mahila Shakti canteens in Khammam city interacted with a physically challenged street vendor, D Kamala, who was selling fried groundnuts by the side of a road at Zaheerpura circle.

On seeing the Collector, Kamala, who did not know who he was, asked him whether he wants to buy some groundnuts. Khan enquired about the conditions of her family. She explained to the official that she lives with her mother and has no one to look after them.

Then the Collector told the woman he would extend financial assistance on behalf of the government to support them. Later, he contacted municipal commissioner Abhishek Agastya suggesting that arrangements should be made to provide a loan to Kamala.

Following the Collector’s directions, Mission for Elimination of Poverty in Municipal Areas (MEPMA) district mission coordinator Savala Sujatha, town mission coordinator G Sujatha and community organiser B Roja approached a local bank and provided Kamala with a business loan of Rs 1 lakh.

The loan cheque was handed over to Kamala on Thursday and soon she would start a vegetable business, informed MEPMA officials. Kamala, who was overjoyed at how quickly her life took a positive turn, thanked Collector Khan for his support to her family.

Sports

TN govt to felicitate World Chess Champion Gukesh; To present Rs.5 crore as reward

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The felicitation ceremony will also be attended by Deputy Chief Minister Udhayanidhi Stalin and chess legend Viswanathan Anand. Gukesh reached Chennai along with his parents on Monday after winning the World Championship in Singapore

Published Date – 17 December 2024, 03:14 PM


TN govt to felicitate World Chess Champion Gukesh; To present Rs.5 crore as reward

D Gukesh

Chennai: Tamil Nadu Chief Minister M. K. Stalin will felicitate World Chess Champion D. Gukesh on Tuesday and him over a Rs 5 crore cheque.

The felicitation ceremony will also be attended by Deputy Chief Minister Udhayanidhi Stalin and chess legend Viswanathan Anand. Gukesh reached Chennai along with his parents on Monday after winning the World Championship in Singapore.

The World Chess Champion was received at the Chennai International Airport by the Additional Chief Secretary (Youth Affairs and Sports Development) Atulya Misra and Sports Development Authority of Tamil Nadu (SDAT) Member-Secretary Meghanath Reddy.

Gukesh and his parents were then escorted to a specially decorated vehicle adorned with pictures of the young champion’s achievements. Gukesh, categorised as an “elite sportsperson” by the Sports Development Authority of Tamil Nadu (SDAT), continues to receive financial support under the high-incentive category.

The state government went the extra mile in 2023 by organising the Chennai Grand Masters event to help Gukesh gain FIDE circuit points. Notably, Gukesh qualified for the Candidates Tournament 2024 only because of his victory in the Chennai event. His success in the Candidates Tournament earned him a spot in the World Chess Championship, which was held in Singapore.

Gukesh did not have enough circuit points to qualify for the Candidates Tournament, and it was at this point that the Tamil Nadu government stepped in by hosting the event – a move that proved critical to Gukesh’s journey to success.

The 18-year-old Gukesh defeated China’s Ding Liren 7.5-6.5 in Singapore last week to become the youngest World Champion, breaking the longstanding record of Russian great Garry Kasparov.

Kasparov won the World Chess Championship in 1985 at the age of 22, defeating then-reigning champion Anatoly Karpov. Interestingly, Gukesh will take on Magnus Carlsen, the world’s highest-rated player, at the Norway Chess Tournament next year.

Scheduled to take place in Stavanger, Norway, from May 26 to June 6, 2025, the Norway Chess Tournament promises to be an unmissable spectacle for chess fans across the globe.

In 2023, Gukesh finished third in Stavanger. This time, however, he returned as World Champion, ready to prove his mettle against the best, including Carlsen.

Top News

10 held for selling infant at Secunderabad railway station

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The suspects, hailing from Uttar Pradesh and Hyderabad, had formed a gang and were into selling newborns. They contact prospective buyers on social media and strike a deal.

Published Date – 23 December 2024, 10:14 AM


10 held for selling infant at Secunderabad railway station

Representational Image

Hyderabad: The Gopalapuram police caught a gang of 10 individuals on charges of selling a newborn baby at Secunderabad railway station.

The suspects, hailing from Uttar Pradesh and Hyderabad, had formed a gang and were into selling newborns. They contact prospective buyers on social media and strike a deal.

The incident came to light when they were trying to sell a 15-days-old infant for Rs 4 lakh.

The suspects are being questioned and the baby has been rescued from their clutches.

The Gopalapuram police are investigating the matter while keeping it confidential.

World

NASA astronauts Sunita Williams, Butch Wilmore to have a quiet Christmas

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The astronauts just got an extended stay in space—again! Their homecoming is now postponed until spring, marking 10 months of orbiting the Earth aboard Boeing’s Starliner capsule

Updated On – 18 December 2024, 07:05 PM


NASA astronauts Sunita Williams, Butch Wilmore to have a quiet Christmas

NASA astronauts Sunita Williams and Butch Wilmore will face more time in space, return delayed till late March.

Cape Canaveral: NASA astronauts Sunita Williams and Butch Wilmore, who will be stuck in space till mid-next year, will have a quiet Christmas and ring in 2025 light years away from humanity.

The astronauts just got their space mission extended again. That means they won’t be back on Earth until spring, 10 months after rocketing into orbit on Boeing’s Starliner capsule. NASA announced the latest delay in Indian-origin Sunita Williams and Butch Wilmore’s homecoming on Tuesday.

The two test pilots planned on being away just a week or so when they blasted off June 5 on Boeing’s first astronaut flight to the International Space Station. Their mission grew from eight days to eight months after NASA decided to send the company’s problem-plagued Starliner capsule back empty in September. Now the pair won’t return until the end of March or even April because of a delay in launching their replacements, according to NASA.

A fresh crew needs to launch before Wilmore and Williams can return and the next mission has been bumped more than a month, according to the space agency. NASA’s next crew of four was supposed to launch in February, followed by Wilmore and Williams’ return home by the end of that month alongside two other astronauts. But SpaceX needs more time to prepare the brand new capsule for liftoff. That launch is now scheduled for no earlier than late March.

NASA said it considered using a different SpaceX capsule to fly up the replacement crew in order to keep the flights on schedule. But it decided the best option was to wait for the new capsule to transport the next crew. NASA prefers to have overlapping crews at the space station for a smoother transition, according to officials.

Most space station missions last six months, with a few reaching a full year.

Business

Amazon acquires MX Player app; merges it with miniTV to launch Amazon MX Player-Telangana Today

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The merger aims to make premium-free entertainment accessible to a larger audience.

Published Date – 7 October 2024, 04:03 PM


Amazon acquires MX Player app; merges it with miniTV to launch Amazon MX Player


New Delhi: Amazon on Monday said it has acquired free streaming OTT platform MX Player and merged it with its content streaming service miniTV to launch ‘Amazon MX Player’.

Amazon did not disclose the valuation of the acquisition.

The merger aims to make premium-free entertainment accessible to a larger audience.

“Amazon recently acquired certain assets of MX Player, including the MX Player app, a leading free streaming OTT service in India. With this acquisition, Amazon is merging two of India’s most popular free AVOD (or ad-supported video on demand) services — MX Player and Amazon miniTV into one service — Amazon MX Player,” the statement said.

In September, over 250 million unique users enjoyed access to thousands of original shows, popular movies and international shows dubbed in local languages on the combined service, it added.

The service is available through its app on mobile, Amazon.in Shopping app, Prime Video, Fire TV, and Connected TVs. The integration of Amazon miniTV and MX Player into Amazon MX Player will be done automatically on the apps without the need for users to reinstall or upgrade the app. “We will offer high-quality entertainment and streaming experiences faster than we could have done independently, while continuing to keep the service free. This merger will mean great things for our viewers, advertisers and content partners, and will let us bring MX Player to even more people in India,” Karan Bedi, Head of Amazon MX Player, said.

Amazon said it will continue to invest in originals and returning seasons of popular shows, which will help “provide advertisers the opportunity to deepen their relationships with viewers”.

Amazon also owns Prime Video — a subscription video-on-demand over-the-top streaming and rental service.

Hyderabad

Allu Arjun denies he went to Sandhya Theatre without permission; insists that he followed police instructions

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Allu Arjun said it was an unfortunate accident and that nobody was at fault. He expressed his deep regret over the loss of life but stressed that he never intended to harm anyone

Updated On – 21 December 2024, 08:54 PM


Allu Arjun denies he went to Sandhya Theatre without permission; insists that he followed police instructions


Hyderabad: Actor Allu Arjun on Saturday broke his silence over the tragic incident at Sandhya Theatre earlier this month in which a woman died and her son was grievously injured in a stampede when he visited the theatre for a benefit show of his recent release ‘Pushpa- 2: The Rule’.

Offering an apology and clarifying multiple misconceptions surrounding the death of the 35-year-old woman, Revathi, and her 8-year-old son Sritej being grievously injured in a stampede-like situation at the theatre, Allu Arjun said it was an unfortunate accident and that nobody was at fault. He expressed his deep regret over the loss of life but stressed that he never intended to harm anyone.

“The primary reason for this press conference is to make it clear that I do not blame anyone, neither the government nor the officials. The incident was purely unfortunate,” he said, adding that he had remained silent so far in order to avoid further speculation and misinformation.

In the press conference, which came a few hours after Chief Minister A Revanth Reddy squarely blamed the actor for the mishap and accused him of going to the theatre without permission and also of refusing to leave without watching the movie, Allu Arjun denied any involvement in a “roadshow” or “procession”.

“I followed all police instructions and did not go anywhere without permission,” he clarified, stating that he had come out of his car to wave at fans in an attempt to clear the crowd and ensure safe access to the theatre. He also confirmed that he left the theatre when requested by the police and theater management due to the overwhelming crowd.

Contradicting the Chief Minister’s claim that he had not left the theatre till threatened with an arrest and that he waved at his fans even after knowing about the death of a woman, Allu Arjun revealed that he was unaware of the tragic death until the following morning. Upon learning about the incident, he immediately instructed his team to reach out to the family. He added that due to legal restrictions, he was currently unable to meet the bereaved family in person but was providing support through his team. He was also getting hourly updates on the condition of the child, he said.

The actor also conveyed his gratitude towards the government and expressed his disappointment over the damage to his character. “Please do not assassinate my character. I have always aimed to entertain, not harm,” he said, before concluding without taking questions citing legal restrictions.

Even after the death of a woman in a stampede, the actor did not leave the cinema hall, prompting the police to force him out, CM alleged.

Sports

Pruthvi Sai to lead ECDG Hyderabad team in finals against Bengaluru

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Pruthvi Sai has been appointed captain of the ECDG Hyderabad team for the multi-day finals against Bengaluru in the fourth edition of the Dr. Shankar Dayal Sharma Junior National Cricket Championship, organised by the Emerging Cricketers Development Group (ECDG) in Hyderabad

Published Date – 17 December 2024, 08:13 PM


Pruthvi Sai to lead ECDG Hyderabad team in finals against Bengaluru

Pruthvi Sai

Hyderabad: Pruthvi Sai has been appointed captain of the ECDG Hyderabad team for the multi-day finals against Bengaluru in the fourth edition of the Dr. Shankar Dayal Sharma Junior National Cricket Championship, organised by the Emerging Cricketers Development Group (ECDG) in Hyderabad, starting from December 24.

Squad: Pruthvi Sai (C), Manikanta P (VC), G Sravan (VC), Farhan Khan (WK), Lohitesh Reddy (WK), Abhinav Kumar, Adarsh Deshmukh, Chilla Sathwik, Rehan Khan, Mohammed Arshad, MA Adnan, SLN Kashyap, Dhairya, MD Faiyazuddin Ghazi (Manager).

India

Uttar Pradesh Police enlists social media influencers, students as ‘Digital Warriors’ to fight cybercrime, fake news

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Uttar Pradesh’s Director General of Police, Prashant Kumar, stated that digital warriors—a group of social media influencers and college students—will work to raise awareness about cybercrime, combat misinformation, train citizens as cyber trainers, and promote the positive work and initiatives of the police.





Published Date – 21 December 2024, 04:56 PM


Uttar Pradesh Police enlists social media influencers, students as ‘Digital Warriors’ to fight cybercrime, fake news


Lucknow: Uttar Pradesh Police has enlisted social media influencers and college students as “digital warriors” to strengthen its fight against cybercrime and combat fake news, an officer said on Saturday.

“The digital warriors (a network of social media influencers and college students) will raise awareness about cybercrime, counter misleading news, train ordinary citizens as cyber trainers, and publicise the commendable work and campaigns of the police,” said Uttar Pradesh’s Director General of Police, Prashant Kumar.

Kumar cited a pilot project run by the UP Police ahead of the Maha Kumbh Mela to combat fake news. This month-long project, which involved influencers and college students, was successful and has now been expanded statewide, he said.

“The Uttar Pradesh Police launched the ‘Digital Warriors’ initiative in 2018, which became active on WhatsApp. People from different sections of society were added as digital volunteers,” Kumar explained.

“In 2023, ‘WhatsApp Community Groups’ were created, adding all UP Police personnel, enabling them to refute fake news and publicise the commendable work of the police.” He added that currently, about 10 lakh people are connected as digital volunteers, and around 2 lakh policemen are linked through community groups.

“Owing to the limited access of these digital volunteers to WhatsApp and their limited activity on other social media platforms like Instagram, Twitter (now X), Facebook, YouTube, etc., there was a need to engage the younger generation of social media influencers and college/university students with the UP Police by making them ‘digital warriors,’” Kumar said.

Focusing on the benefits of training the younger generation, the UP DGP said, “By training college/university students, we can develop critical thinking skills, enabling them to analyze and verify information. These students will become digital warriors for UP Police and help report cybercrime and fake news.” He added that these students will also be able to raise awareness about fake news and cybercrime within their families and social circles.

Workshops will be organised in colleges, schools, or collectively at the Police Lines.

The workshops will feature cybercrime experts, fact-checkers, cyber trainers, and district cyber police station cells, who will share technical knowledge and practical experience.

Cyber Clubs will be established in schools and universities, with a teacher from each institution serving as the nodal officer.

Workshops and creative sessions, such as poster-making, slogan/short-story writing, and social media content creation, will be conducted through the cyber clubs, Kumar said.