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Koyambedu flyover nearing completion – The Hindu

Koyambedu flyover nearing completion - The Hindu


A court case held up the ₹93.50-crore project on Jawaharlal Nehru Salai, says Highways Minister

The work on the 1.15-km flyover on Jawaharlal Nehru Salai at Koyambedu will be completed by October-end, Minister for Highways E.V. Velu said on Saturday.

Responding to AIADMK co-coordinator Edappadi K. Palaniswami, he said in a statement that on the instruction of Chief Minister M.K. Stalin, he had inspected the flyover twice since July and directed the officials to speed up the ₹93.50-crore project.

The owner of a building that had encroached upon a portion of the service lane had gone to court, leading to a delay in the completion of the work. The court granted an order in favour of the Department of Highways only on September 29, and the building was being dismantled. The structure of the bridge, of which construction had commenced in June 2018, was complete, he said.

On completion, the four-lane, bi-directional flyover would allow free flow of traffic at the important junction, which is near the Chennai Muffusil Bus Terminus and the Koyambedu vegetable and fruit markets. Around 70% of the over one lakh vehicles proceeding from and to Anna Nagar and Vadapalani would be able to take the flyover instead of waiting at the signal at the junction of Jawaharlal Nehru Salai and Kaliamman Koil Street.

The Minister said level 2 of the ₹109-crore flyover at the Velachery junction would be ready by this month-end, and the first level by the year-end. Residents of localities, including VGP Selva Nagar and LIC Colony, have urged the Department of Highways to provide a U-turn beneath the flyover. The approach road to the ₹133.10-crore flyover at Medavakkam was being laid, and it would be completed by this year-end.

Mr. Palaniswami called upon the government on Friday to inaugurate a few flyover projects in Chennai.



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Cipla company requirements Diploma Apprenticeship 2020/2021



Diploma Apprenticeship
Diploma in pharmacy
mechanical,
electrical,
electronics
production,
mechatronics
can apply
2020-2021 pass out

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Glenmark Pharmaceuticals Ltd in pithampur Job 2021 – Glenmark Company job Pithampur



सभी भाईयो को जय माँ बगलामुखी ..जय बाबा महाकाल
अगर आपके जीवन बहुत ही ज्यादा कष्ट, परेशानी है तो माँ बगलामुखी देवी की दीक्षा लेकर उनकी आराधना करे ।

दोस्तो आज के इस वीडियो में मैं आपके लिए जानकारी लेकर आया हूं Glenmark Company के बारे में ।
पीथमपुर में Glenmark कम्पनी के आस पास भारत की बड़ी फेमस कम्पनी सिप्ला, लुपीन Acg, mylon आदि बड़ी कंपनियां है ।
आपको Glenmark कम्पनी की जानकारी कैसी लगी कॉमेंट्स करके अवश्य बताए ।

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Online sale of term life insurance products gains traction: Max Life



Online sale is gathering momentum in the life insurance sector with one out of five term products being bought directly by customers are online rather than from agents and advisers, according to a Max Life Insurance senior official.


Last financial year, 12.5 per cent of overall term policies by premium were purchased by Indians online, while on the saving side, it is still muted with less than 1 per cent of total premium via the channel, Max Life Insurance Deputy Managing Director V Viswanand said.





“So, it started becoming quite a significant channel now for some companies like us…Max Life market share was close to 30 per cent in FY’21. Currently, also holding up which means one in three online term purchases in India is from Max Life while our market share in the offline is one-fifth of that,” he said.


In an interaction with PTI, Viswanand said the average age of policyholders buying policy online is 36 years and the company has introduced some innovative schemes for online customers based on their feedback.


“We also introduced a lot of financial auto underwriting, leveraging with credit bureau tie-ups. So, we don’t ask for any additional documentation from 60 per cent of our of our e-commerce customers because of our bureau tie-ups. This has reduced a lot of friction for customers,” he said.


The company is also offering premium holiday for customers after few years without any question asked, he said, adding, there are special exit options as well.


Attributing to the outbreak of COVID-19 pandemic, he said, it has led to rising awareness about insurance and adoption of technology has gathered pace during the period.


“In the first wave, we saw elderly going to hospital and mortality happening, but in the second wave, we saw that it had no bias for age. It had no bias for co-morbidity. Mortality was widespread and I think people realised that they’re not infallible as far as their own life is concerned. Just because you have good health now, it doesn’t mean you’ll have good health tomorrow,” he said.


The pandemic has brought in a lot of awareness among the people and this is evident from the fact that sale of pure protection plan has seen a significant jump post COVID-19.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Challans for covid violations see dip in Delhi: At markets, footfall up — guard down


Markets across the capital have reported a rise in footfall amid the festive season, but Covid restrictions were largely absent at most.

The Indian Express visited popular shopping hubs on Thursday and found that several customers and hawkers were not wearing masks properly and thermal screening was not being carried out.

At Sarojini Nagar, market president Ashok Randhawa said the crowd is back after a gap of almost a year and a half. “However, it is yet to match the festive rush during pre-Covid days,” said Randhawa, as he displayed his latest jeans collection to a customer.

While he is happy that rising footfall will boost business, the absence of Covid protocol among shoppers and owners alike worries him. “We have been regularly asking the administration to increase patrolling by civil defence volunteers, and to control the problem of illegal hawkers encroaching pavements, but nothing significant has happened,” said Randhawa, who also owns a garment store.

Delhi has been recording around 30-40 Covid cases per day on an average over the past month. The Delhi Disaster Management Authority (DDMA) had decided to allow “muted” celebrations of festivals such as Durga Puja, Ramlila and Dussehra but did not allow any fairs and food stalls to be put up. Restrictions in markets, however, were eased months ago but with conditions such as mandatory use of masks, thermal screening, and social distancing.

At the popular Janpath market in the heart of the city on Thursday, though, thermal screening was absent and several people did not wear masks properly despite the presence of civil defence volunteers. However, the crowd was significantly less as compared to that in Sarojini Nagar.

North Delhi’s popular Karol Bagh market presented a similar picture. “While shops still maintain Covid protocol, vendors mostly violate rules,” claimed a shopkeeper.

At Yashwant Singh Place market, a shopkeeper said: “The footfall in the market has reduced drastically post Covid. So social distancing is automatically maintained here.”

Markets like South Extension and Connaught Place are better placed as there is a clear demarcation between hawkers and shops and shoppers were seen adhering to guidelines. Atul Bhargava, president of the New Delhi Traders’ Association, said shoppers are largely following rules.

Even as crowds increased, the number of challans issued for violating norms has been dipping. While 1.46 lakh challans were issued over the past month, they are down from around 5,500 per day in mid-September to around 4,500 now.

The Durga Puja pandals, meanwhile, were better managed. Pandals in CR Park’s Kali Mandir and D block park had separate entries and exits, following DDMA guidelines. Visitors sanitised their hands at the entry points and thermal screening and masks were mandatory. Visitors entered in a line, paid their respects to the Goddess, and walked out in a line. “Bhog was home delivered and all rituals were screened live on social media,” said an organiser.



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Market Wrap Podcast, Oct 14: Here’s all that happened in the markets today



The domestic benchmark indices extended the record rally in the sixth consecutive session with Sensex and Nifty ending at fresh record closing high. The market posted a record close in all four sessions this week. The BSE 30-pack index ended at 61,305, up 569 points, after touching a new high of 61,353 in intraday deals. The NSE 50-share index, meanwhile, surged to a new peak of 18,350, before ending 177 points higher at 18,338.


Adani Ports, Wipro, Grasim, ITC, and HDFC Bank were among major gainers on the Nifty, while losers were Coal India, Eicher Motors, Tata Motors, HCL Tech, and TCS. On the sectoral front, barring, auto, all other sectoral indices ended in the green, with infra, IT, realty, PSU Bank, power, and metal indices were up a percent each.





In the broader markets, the BSE MidCap index closed 0.54 percent higher while the BSE SmallCap index added 0.46 percent. Overall, market breadth firmly favoured the bulls with 1,719 stocks advancing on the BSE compared with 1,637 stocks that declined. The BSE market-cap stood at Rs 272.8 trillion by the close.


Coming to stock-specific moves, HDFC Bank was one of the top gainers on the benchmarks, rising to a record high level of Rs 1,690. The stock ended 2.9 percent higher ahead of the Q2 earnings, which are slated to be detailed on Saturday, October 16. Supported by healthy loan growth, stable interest margins, and lower operating expenses, private sector lender HDFC Bank is expected to report mid-teen growth in net profit for the July-September quarter.


Shares of ITC too hit a fresh 52-week high of Rs 258 in Thursday’s intra-day trade on the back of heavy volumes. Most of the brokerage houses are bullish on ITC as they believe the company’s cigarette business will fully recover with the aggressive vaccination drive and reduction in Covid-19 cases. The stock closed 2.85 percent higher.


Further, the stocks of Wipro (up 5 percent), Mindtree (up 8 percent) & Infosys (up 0.3 percent) after a better-than-expected second quarter. However, TCS’ downward trend continued following a weak set of Q2 earnings. That said, Avenue Supermart gained more than 4 percent ahead of its Q2 earnings on Saturday.


IRCTC was the top midcap gainer, with the stock rising 11 percent to close at a record high level of Rs 5,485. On the other hand, Coal India was the top Nifty loser with the stock falling 2.9 percent, as the company has reportedly asked subsidiaries to refrain from conducting e-auction of coal for non-power use. Meanwhile, Tata Group stocks saw profit booking following major gains on Thursday.


The stock of Apollo Pipes rose 1.15 percent higher after the company said the board will consider the issue of bonus shares, along with the results for the quarter ended September on October 22. India Cements too gained 8 percent on reports that the companies are expected to hike prices.


The Share Market will remain closed on Friday on account of Dussehra. HDFC Bank, Avenue Supermarts, Aarnav Fashions, Artson Engineering, Infomedia Press, Sangam (India), and VR Woodart will release their September 2021 quarter earnings on October 16.


Next week, the markets will continue to be driven by the corporate earnings for the quarter ended September 2021. Companies such as UltraTech Cement, HUL, Nestle India, Asian Paints, JSW Steel, HDFC Life Insurance, Tata Consumer Products, and ICICI Bank will detail their Q2FY22 numbers next week.


According to Rohit Singre, Senior Technical Analyst at LKP Securities, now immediate supports are coming near 18,250 followed by 18,170 zone and any dip near the mentioned supports zone will be again a fresh buying opportunity for the overall targets of 18,500 zone and immediate hurdle is coming near the 18,400-18,500 zone.


Lastly, global markets, stock-specific moves as well as news related to Covid-19 will be among other major triggers for investors.





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After AI, govt to disinvest BPCL, float LIC IPO by last quarter of FY22



Following the successful completion of the disinvestment of Air India, the government expects to carry out the divestment of BPCL in the current financial year. The government will also come up with Initial Public offerings (IPO) of Life Insurance Company (LIC) during the last quarter of this financial year.


Speaking to ANI, Secretary of Department of Investment and Public Asset Management (DIPAM) Tuhin Kant Pandey said: “LIC IPO will be a very major event. We are preparing hard for it and hopefully, we will be able to bring it out in the last quarter of the year.”





Bharat Petroleum Corporation Ltd (BPCL) is another company that is on the divestment list of the government. Pandey said that the government is expecting disinvestment of BPCL in the last quarter as well.


The DIPAM Secretary said, “Due diligence process of BPCL is on. It is a very large company. So a lot of work is going on in the due diligence there, and we hope to conclude it as well.”Pandey said we have received financial bids for strategic divestment of Central Electronics Ltd (CEL) which can be the next company to be disinvested.


Pandey said “We have got the financial bid and the process now moves to the concluding stage. We do not know yet what are the offers or whether the offers would be good enough for us to disinvest. It is still sealed in the envelope. But, yes, the process has reached that stage of disinvestment.”


Highlighting the disinvestment target of the Central government, Pandey said, “We have a number of transactions which are ongoing. Strategic disinvestment has basically two parts. One is the first stage in which we invite the expression of interest and qualify people based on certain criteria, which are specified in the Expression of Interest. And after that the qualified bidders do in detail the due diligence on the companies through, you know, looking at the contracts, looking at the companies in greater detail, looking at their assets, and also the share purchase agreement which is a draft share purchase agreement which is given to them. Then the conditions are specified and final conditions are agreed upon, and thereupon everyone gets to see. Having seen the essence and seeing the data about the company, having done the due diligence and having agreed upon the final terms and conditions, we invite the bids in the RFP. After the bids are there, then we will determine the reserve price. And then we will open the bids to get it, and based on the highest bid we will choose the winning bidder. Thereafter the conditions will be satisfied and things will be closed. So this is the broad process. We have several transactions which are in an advanced stage, advanced stage of due diligence, and once the financial bids are obtained from them, thereafter we will move towards the concluding stage. So this is broadly it. We have got several transactions like Shipping Corporation of India, BEML, Nilanchal Ispat, Pawan Hans, Central Electronics. In fact, we have received their bid day before yesterday. So there, we hope that we would be able to close the transaction and transactions just carry on like a pipeline. And advanced stage… it can be done in April or May and June as well. So this is depending upon where the transaction is.”


The DIPAM secretary is confident of achieving the disinvestment target set by the Centre for 2021-22 fiscal of Rs 1.75 lakh crore.


Pandey said, “Our effort is to just carry on with the work and try to use the opportunities, whatever happens, and a lot depends upon the bidders. A lot depends upon the way they complete due diligence. There was an impact on us due to the second wave. We lost. You know, first quarter to leave. But now that things are back on track, we are confident that things will move forward. How much we will be able to do, only time will tell, but we are moving towards the closing of several transactions.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

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As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

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Over 470 Kg Illegal Firecrackers Recovered From Godown In Delhi’s Sadar Bazar: Police


A case was registered and the accused seller was arrested, police said. (Representational)

New Delhi:

Ahead of Diwali, over 470 kg illegal firecrackers have been recovered from a godown in north Delhi’s Sadar Bazar area and the owner was arrested, police said on Wednesday.

Accused Mohammad Rihan (21), a native of Uttar Pradesh, used to sell seasonal articles during festivals, they said.

Police said a total of 472.4 kg of illegal fire crackers were recovered from the godown here which was taken on rent by the accused for Rs 12,000.

According to police, Rihan had procured these illegal firecrackers from Meerut in UP and was planning to sell it at higher prices during the upcoming Diwali festival.

Deputy Commissioner of Police (North) Sagar Singh Kalsi said that on Tuesday, an information was received about storage and sale of illegal firecrackers in a godown at Qutub Road in Sadar Bazar.

“When our police team conducted a raid at the alleged godown in Sadar Bazar area, we found the seller of illegal firecrackers Mohammad Rihan present at the spot with huge quantity of illegal firecrackers. On weighing the items, a total of 472.4 kg of crackers were recovered,” he said.

A case was registered and the accused seller was arrested, police said.

Interrogation of the accused revealed that he deals in sale of toys for children and also used to sell seasonal articles during festival period, the officer said.



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Govt expedites asset sales with regional airline on block


NEW DELHI: The government plans to sell Air India’s regional arm separately, days after Tata Sons emerged as the highest bidder for the parent carrier in an auction that didn’t include the unit, underscoring Prime Minister Narendra Modi’s attempts to steer the state away from involvement in private-sector business.
The sort of market Alliance Air services is distinctly different from that of its parent and the government therefore took a decision to exclude it from the sale process, Tuhin Kanta Pandey, the top bureaucrat at department of investment and public asset management, told reporters in New Delhi on Tuesday.
The administration expects to complete the Air India sale by December, with a ground-handling unit being hived off first, he said.
India is targeting to raise as much as Rs 1.75 lakh crore ($23.2 billion) in the year through March 2022 to make up for a pandemic-linked drop in tax revenue.
The broad proposals include an initial public offering by Life Insurance Corp of India — which could be the country’s largest — as well as selling stakes in companies including Bharat Petroleum Corp.
Alliance Air operates 18 ATR-72 turboprop planes to 47 destinations, connecting the likes of capital New Delhi and financial hub Mumbai to smaller towns across the nation, according to its website.
Market leader IndiGo, operated by InterGlobe Aviation, also operates a fleet of ATR aircraft to connect so-called tier-2 and tier-3 regional hubs.
The government is currently working on the valuation for Life Insurance Corp, an exercise it aims to complete by December, before the IPO happens during the first three months of next year, Pandey also said Tuesday.





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Ashraf Ali: Cops foil Delhi terror plan; How Ashraf Ali was indoctrinated by ISI ‘talent spotter’ in Pakistan | Delhi News


NEW DELHI: In the winter of 2001, a “talent spotter” for the Pakistani spy agency ISI laid his eyes on a teenager named Ashraf Ali, who lived in village Kotli Sidhwan in Narowal district. The Class X passout was deemed “vulnerable” by the spotter, code-named Zafar, because Ali’s parents had died within a few months of each other leaving him and his two brothers to fend for themselves and also look after their three sisters.
Ali’s father, Umardeen, a shoe factory worker in Lahore, had barely left anything behind. The family was pleasantly surprised when they started receiving financial aid from an unknown entity. For the next two years, they got money regularly even as Ali and his brothers, Farooq and Saleem, worked to get things back on track.

All this while, Ali was being motivated and radicalised to join jihad and was eventually convinced to work for ISI. Towards the end of 2003, Ali was taken to a camp and trained in weaponry and literature under his handler, code-named Nasir. The boy was finally “ready” in the spring of 2004, after which he was flown to Dhaka with the other recruits.
According to Delhi Police, Ali was first kept in Mirpur and then smuggled into India via Siliguri in West Bengal. He had no weapons or explosives on him and was given instructions to lie low. For a few weeks, he remained in Kolkata, after which he left for Ajmer. He was briefed about various Indian cities, routes and espionage techniques to facilitate his stay, he revealed during the interrogation.
“At Ajmer, Ali befriended a maulvi at a local mosque and stayed there for two years. In 2006, he accompanied the maulvi to Delhi and started tilawat (prayer job) in factories in the Walled City. He met other relatives of the maulvi and won their trust. He then started receiving money from his ISI handler Nasir by Western Union Money Transfer through the IDs of the maulvi’s relatives,” said DCP (Special Cell) Pramod Kushwaha.
In north Delhi, he got identity cards made with the help of the owner of his rented room. “He lived there for six months. My father got his Aadhaar Card made for documentation. After he left, we lost touch with him. If needed, we will cooperate with the police,” said Uzaib, Ali’s former landlord’s son.
The neighbours could not recall noticing any unusual activities. “He lived in lane number 4 of Aram Park 15 years ago. He said he worked at a shop in Laxmi Nagar. He had rented the room for about seven months. He went to work in the morning and returned late,” said a local resident.
In 2007, Ali shifted to Ghaziabad where he got married to a woman named Badurnissa who lived in a JJ cluster in Vaishali. However, this marriage was a sham as Ali wanted to get a ration card made using the marriage documents. He deserted the woman in 4-5 months and moved to Katihar, Bihar. There, he got a certificate of residence made by a village pradhan. Using these documents, he got a passport.
During interrogation by a team led by ACPs Lalit Mohan Negi and Hriday Bhushan, Ali revealed that he moved to J&K around 2009 on the instructions of his handler.
Intelligence sources said Ali remained in the Valley for the next eight years during which he was used for a range of tasks, including placement of IEDs and gunrunning for terror operatives. A source said they were probing a tip-off which suggested that Ali was involved in incidents where soldiers had been brutalised before being killed. He is being interrogated in this regard.
Over the years, Ali was in regular touch with his handler through different communication channels, but talks about assignments were mainly through email drafts. Of late, he had been using Telegram to communicate with weapon suppliers, which was intercepted by police.





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