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Assam CM turns 56, wishes pour in

Assam CM turns 56, wishes pour in

Assam Chief Minister Himanta Biswa Sarma celebrated his 56th birthday with supporters and well- wishers at his residence in Guwahati. His supporters visited to extend their best wishes, and brought gifts such as his portrait, a Ganesh murti, flower bouquets and plants. Chief Minister Himanta Biswa Sarma expressed his gratitude, saying, "Everyone came to give me their best wishes." On Friday, the Assam Chief Minister announced the inauguration of the newly reconstructed Jagi Bhakatgaon bridge, which connects Morigaon and Jagiroad. The Assam Chief Minister in his official handle on X shared a video of the 1.24 kilometre bridge that has…
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Gauhati HC slaps notices to Assam govt over rampant rat-hole mining

Gauhati HC slaps notices to Assam govt over rampant rat-hole mining

The Gauhati High Court has issued notices to the Assam government and its various departments over rampant rat-hole coal mining and asked them to furnish what steps they have taken to stop the unlawful activity. Taking suo motu cognizance of the Dima Hasao coal mining tragedy, the high court registered a public interest litigation on Monday and issued notices the next day to seven government departments, including the office of the chief secretary. "The court has taken note of various reports which suggest that around more than 200 rat-hole mines are in operation in Umrangso area," the divisional bench, comprising…
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Assam to denotify 3 Proposed Reserve Forests to give land rights to 20,000 people

Assam to denotify 3 Proposed Reserve Forests to give land rights to 20,000 people

The Assam government has decided to denotify three Proposed Reserve Forests (PRF) in Tinsukia district for enabling over 20,000 residents to get land rights, Chief Minister Himanta Biswa Sarma said. In a Cabinet meeting, chaired by Sarma, on Friday the state government approved transforming the PRF into revenue villages so that people living in the area can get land rights.  "There are three Proposed Reserve Forests in Tinsukia. We have decided to denotify and make them revenue villages. This will help the people living there to get land rights," he said at a late-night press conference here.
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Ola Electric Mobility shares jump 12%, back close to IPO price on new launches

Ola Electric Mobility shares jump 12%, back close to IPO price on new launches

Shares of Ola Electric Mobility Ltd jumped as much as 12% on Friday, January 31, after the company launched new vehicles and announced more launches in the near future. With Friday's surge, the stock is back close to its IPO price of ₹76. As of Thursday's close, Ola Electric Mobility shares were down 57% from their post-listing peak of ₹157. The company today launched the Ola Electric Gen 3, with MD and CEO Bhavish Aggarwal saying the company has again become a leader in terms of EV two-wheeler market share. Aggarwal also said that while the competition got "a bit…
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SBI Foundation supports Aaranyak’s multi-pronged strategy to mitigate HEC

SBI Foundation supports Aaranyak’s multi-pronged strategy to mitigate HEC

The leading wildlife conservation group Aaranyak (www.aaranyak.org) has implemented a multifaceted community-oriented approach to accomplish its objectives in the ongoing effort to promote coexistence and lessen human elephant conflict (HEC). The multi-dimensional strategy comprises of staging street plays to sensitise the HEC-affected communities on ways to usher in an ecosystem of coexistence with wild elephants as well as providing the community options of alternative crops not palatable to elephants so as to supplement their livelihood in HEC affected areas where traditional crop culture stands vulnerable to depredation by wild elephants. Aaranyak organized a street play at the 13th Indo-Bhutan Friendship…
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Judd Trump and Shaun Murphy Exit German Masters Snooker Tournament

Judd Trump and Shaun Murphy Exit German Masters Snooker Tournament

Defending champion Judd Trump and Masters winner Shaun Murphy have been eliminated from the German Masters snooker tournament in Berlin. Trump suffered a surprising defeat to Neil Robertson, while Murphy was narrowly beaten 5-4 by Yuan Sijun. World champion Kyren Wilson advanced to the quarterfinals with a 5-3 victory over Jak Jones. The quarterfinal matches are scheduled for Friday and are anticipated to feature intense competition among the remaining players. The German Masters is a key event in the snooker calendar, attracting top talent from around the world. The early exits of prominent players like Trump and Murphy have added…
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Rabbi Matondo Nears Exit from Rangers Amid Transfer Talks with Hannover 96

Rabbi Matondo Nears Exit from Rangers Amid Transfer Talks with Hannover 96

Rangers winger Rabbi Matondo is reportedly close to departing the club, with German side Hannover 96 emerging as his likely destination. Matondo was spotted at the Courtyard Hotel adjacent to Hannover’s stadium, indicating that discussions are underway.  Hannover 96, currently fifth in Germany's second division, is considering both loan and permanent transfer options for the 23-year-old Welsh international. Matondo joined Rangers from Schalke in 2022 for a fee of £2.5 million but has struggled to secure regular playing time, amassing only 27 minutes on the field this season due to injuries and competition for places. With the transfer window closing…
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H&M profit rises despite revenue drop

H&M profit rises despite revenue drop

The Swedish H&M group saw its group revenue decrease by 1% in the fourth quarter and the full year. Nevertheless, the company managed to increase its profit. After a challenging period, the fashion giant believes it is back on the right track. Slow but profitable year-end In the fourth quarter, H&M's net revenue fell slightly to 62.2 billion Swedish kronor (5.4 billion euros), despite a 4% increase in December. The late arrival of Black Friday meant that most of its revenue was recorded in December, unlike the previous year. Gross margin rose slightly to 54.6% from 53.7%, while gross profit…
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Suzlon Energy shares jump 5% for second day; one analyst sees stock at ₹80

Suzlon Energy shares jump 5% for second day; one analyst sees stock at ₹80

Shares of wind energy solutions provider Suzlon Energy Ltd are hitting an upper circuit of 5% for the second consecutive day.With Thursday's surge, the stock has gained 10% in the last two trading sessions. The move has also taken the company's market capitalisation to over ₹75,590 crore.The two-day surge in Suzlon shares has pushed its Relative Strength Index (RSI) to 37 on the charts, which is close to 'oversold' levels. An RSI reading below 30 indicates that the stock is 'oversold'.Of the six analysts tracking Suzlon Energy, five now have a 'buy' rating on the stock and one has a…
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