with Patanjali foods Ltd

Enterprises (ADEL.NS) employees remained low.

“Investors would view the successful completion of the FPO (follow-on public offering) as a welcome relief, as it implies that the company still has the support of institutional investors,” Leonard Law, Senior Credit Analyst at Lucror Analytics Singapore, said on Tuesday.

“The FPO would help to enlarge Adani Enterprises’ public float (thereby partly addressing the issue over the promoters’ concentrated shareholding), as well as reduce leverage for the company and improve investor sentiment,” Law added.

Jamir laments lack of governance, fragmentation in Nagaland

(From p-1)

In order to make this dream a reality, Jamir stressed that the first and topmost step was solution of the Naga political issue so that a new dawn of peace and normalcy adorned the Nagas. He said under such a congenial environment, there would be ample opportunities for human development without any hinderance and the dream for a united, peaceful, progressive, transparent and prosperous Nagaland could be fulfilled.

He remarked that the people should own the responsibility for the kind of pitiable conditions that they were living in, adding there was no justification for shifting the responsibility to others.

Jamir threw the gauntlet on the younger generation of Nagas whether they accept the present fate as their destiny or opted for a better and brighter future elsewhere.

He expressed the hope that with the courage and determination of younger generation, the Nagas would rise up and surmount the current situation. He said Nagaland today was on the verge of collapse politically, economically, socially and even religiously and that there was hardly anything positive.

Earlier, the welcome address was delivered by trustee Walu Meru, brief report on CMHSS was shared by its principal and Jubilee Committee chairperson Temsujungla, vote of thanks by was given by JPC chairman O Alem and benediction by associate pastor Aoyimti Baptist Arogo (ABA) Yashila.

The program was chaired by Hikato Chishi and Suyimsangla Longkumer, while invocation was offered by Rev Z Yapang Aier. Aoyimti Village Council chairman Sosangmeren Jamir and former CMHSS principal Laisen Aier also spoke on the occasion.

Highlights of the programme included unveiling a monolith, inauguration of Jubilee Hall and release of jubilee souvenir by Jamir and dedicatory prayer by ABA pastor Temsü Jamir, celebration of good times by pre-schoolers, short act on “Reflection on the ways of living of the early Nagas” and jubilee song by CMHSS Choir.

Adani-led group’s Rs 20,000 crore share sale in its flagship firm sailed through on the last day after investors, some being family offices of fellow industrialists, rallied behind the embattled tycoon, whose business empire has been rocked by allegations of fraud by a US short seller.

While the portion of a follow-on share sale in Adani Enterprises Ltd reserved for anchor investors was fully subscribed last week, institutional and other non-retail investors helped the offer reach desired subscription levels hours before the sale closed, according to data available from BSE.

As many as 5.08 crore shares were sought against an offer of 4.55 crore, even though the offer price was higher than the rate at which the company stock was being traded on the stock exchange.

Non-institutional investors put in bids for over three times the 96.16 lakh shares reserved for them, while the 1.28 crore shares reserved for qualified institutional buyers (QIBs) were subscribed 1.2 times, according to BSE data. There was, however, a muted response from retail investors and company employees. Retail investors, for whom roughly half of the issue was reserved, bid for just 12 per cent of the 2.29 crore shares earmarked for them. Employees sought 55 per cent of the 1.6 lakh shares reserved for them.

Overall, against 6.14 crore shares on offer, anchor and other investors bid for 6.45 crore.

Industry sources said family offices of some of the top industrialists in the country made offers for the shares. Names of the investors could not be immediately verified. Adani also did not reveal the list of investors.

Power shutdown in parts of Dimapur

(From p-1) Lhomithi, Army supply Road, Church Road, Murgi Patti, Hazi Park, Hong Kong Market, Old BOC.G.S Road, Marawari patti, Hongkong Market, Hazi Park, New Market, DMC, Old BOC, Thakurbari, PWD, Midland, Residency, Supply, Duncan, Landmark, Notun Basti, Naga Cemetry, Island, LRC,City Tower, Tata Parking,Khermahal, SIB Office area and churches colony.

On February 6 & 7 from 3 a.m. to 9 a.m.-- PWD, Midland, Residency, Supply, Duncan, Landmark, Notun Basti, Naga Cemetery, Island, LRC, City Tower, Tata Parking, Khermahal, SIB office area and churches colony. February 17, 18, 20 & 21 from 3 a.m. to 9 a.m.-G.S Road, Marawari patti, Hongkong Market, Hazi Park, New Market, DMC, Old BOC, Thakurbari, Sematilla, West yard, Chatteshwari, Lhomithi, Army supply Road, HMC Road area.

NSCN (I-M), GPRN/NSCN...

(From p-1)

Highlighting on the formation of NSCN, Yeptho urged Nagas people especially the youth, irrespective of one’s political inclination, “to once again retrospect the history of Naga national movement, nurture the proposition passed to us by our past patriotic Naga leaders and diligently introspect ourself to cultivate what is best for the Naga people.”

On the occasion, an obituary moment in honour of the martyrs was also observed. The speech of the charman was read out by chief secretary Kideon V. Zhimomi.

DIAMPUR: A Memorandum of Understanding (MoU) was signed between the State Government, represented by the director of Agriculture, Nagaland and Patanjali Foods Ltd (PFL) (Formerly known as Ruchi Soya Industries Ltd) represented by Subhas Bhattacharjee, Head-NE Region, Oil Palm on January 31 at the Directorate of Agriculture

NPF open to post-poll alliance: Azo

(From p-1) will be enforcing the rule of law and minimising taxation and stopping extortion bids by different Naga groups.

Asked if the party has decided on the chief ministerial candidate, he said it will be decided only after filing of nomination of the party aspirants. On the ENPO’s demand for separate ‘Frontier Nagaland’–alleging that the state government has been neglecting the area in all aspects, Azo said development of a particular area fully depends on their own legislators. Every leader is responsible for his constituency, he said. Despite the call for boycott by ENPO, he claimed that there are good numbers of aspirants seeking the NPF party ticket.

for the development and area expansion under oil palm cultivation and processing for Zone-II (Mokokchung, Longleng and Mon districts) in the State of Nagaland under National Mission on Edible Oils-Oil Palm (NMEO-OP)

According to a press release by director of Agriculture, PFL was allotted Zone II where there is a wide scope for oil palm plantation in the State against an EOI released by the Department recently.

Patanjali Foods Ltd is already working in the State of Mizoram, Arunachal Pradesh, Assam and Tripura

Gold declines Rs 105; silver tumbles Rs 379

NEW DELHI, JAN 31

(PTI): Gold price in the national capital declined Rs 105 to Rs 56,780 per 10 gram on Tuesday amid weak global cues, according to HDFC Securities.

The precious metal had closed at Rs 56,885 per 10 gram in the previous trade.

Silver also tumbled

Land For Sale

Rs 379 to Rs 68,418 per kg.

“Spot gold prices in the Delhi markets traded at Rs 56,780 per 10 gram, down Rs 105 per 10 gram,” said an analyst at HDFC Securities. In the overseas market, both gold and silver were trading in the red at USD 1,913 per ounce and USD 23.27 per ounce, respectively.

Manmohan Singh conferred LAH in UK

LONDON, JAN 31

(PTI): Former prime minister Dr Manmohan Singh was recently conferred a Lifetime Achievement Honour by the India-UK Achievers Honours in London for his contribution to economic and political life. The Honour, announced at an awards ceremony last week, will be handed over to Dr Singh in New Delhi by the National Indian Students and Alumni Union (NISAU) UK at a later date.

Roof collapse kills 4 in Afghanistan

KABUL, JAN 31

(IANS): Four persons were killed and 18 others injured after the roof of their house collapsed in Afghanistan’s Balkh province.

The incident took place late on Monday in the mountainous Qoriq village of Charkent district, killing four members of the family including two children, and injuring 18 others including women and children, with some in critical condition, provincial police spokesman Mohammad Asif Waziri said on Tuesday.

10 hurt in Florida mass shooting

TALLAHASSEE, JAN

31 (IANS): At least ten people were wounded in a “targetted” drive-by shooting in Lakeland, Florida, police said.

Two of the wounded in the incident on Monday are critical, CNN reported quoting Lakeland police. A dark-blue Nissan four-door sedan slowed and its windowpanes were downed after which firing from all four windows started shooting males on both sides, Lakeland Police Department Chief Sam Taylor said. Marijuana was recovered at the scene of shooting, police added.

UN assistance after Iran quake

UNITED NATIONS, JAN 31 (IANS): The world body is ready to offer assistance to Iran after the country was hit by a 5.9-magnitude earthquake on Saturday evening, said a UN spokesman.

The Iranian Foreign Ministry has requested UN assistance, and the world body stands ready to support the response, said Stephane Dujarric, Spokesman for UN Secretary-General Antonio Guterres, on Monday.