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September 17, 2022 I Saturday YEAR : 8 I ISSUE NO.: 222 PAGES : 4 I PRICE : ₹.1/Annual Subscription : ₹.300/Editor: Kapilkumar M. Hirpara www.sunvillasamachar.com AHMEDABAD EDITION
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SUNVILLA SAMACHAR LEADING ENGLISH DAILY MORNING NEWSPAPER, AHMEDABAD
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Delhi High Court To Hear Pleas Over Legal Status Of PM CARES Fund On January 31 Page : 2
Sensex Crashes 1,100 Points In Bloodbath, Extends Losses For 3rd Session
“If There’s A Scam, Why Not Arrest Manish Sisodia?”: Arvind Kejriwal Renews Dare
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Western Digital launches Share Your Memory COntest Page : 4
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Sunvilla News: Ahmedabad Delhi Chief Minister Arvind Kejriwal today doubled down on the dare to arrest his deputy, Manish Sisodia, in the alleged liquor policy scam. “What’s the scam? The CBI has found nothing in raids on Manish. Why don’t they arrest him if there’s a scam? Just because the BJP says there’s corruption, does not mean there is,” the AAP chief said, speaking at the Townhall in Ahmedabad.His comments echo what Manish Sisodia said yesterday after the BJP showed a “sting
operation” in which a man is saying the AAP favoured big traders in its Excise Policy that brought private players into the national capital’s liquor trade. The policy remained in force for eight months before being withdrawn in July as the Delhi Lieutenant Governor ordered a CBI probeThe AAP has said it’s “political vendetta”. It accuses Prime Minister Narendra Modi and his BJP-led central government — which appoints the Lieutenant Governor — of misusing the CBI. Mr Kejriwal said Manish Sisodia is “being attacked”.
Gujarat Congress MLA Jignesh Mevani Gets 6 Months In Jail In Rioting Case Aamna Sharif is making heads turn with her sassy.
4 People Arrested After 1 Killed, 11 Injured In Bihar Shooting Four people were arrested on Friday in connection with the Begusarai mass shooting in Bihar, in which one person was killed and 11 others were critically injured, police said.A 30-yearold man was killed and 11 others were critically injured when four men riding two motorcycles opened fire on passersby on Tuesday.The arrested people have been identified as Sumit Kumar, Yuvraj, Keshav alias Naga and Arjun, a senior police officer said, adding that the superintendent of police is expected to brief the media later in the day.
Sunvilla News: Ahmedabad A court in Ahmedabad on Friday sentenced Gujarat Congress’s working president and MLA Jignesh Mevani and 18 others to six months of simple imprisonment in a 2016 case of rioting.The case was related to a road blockade agitation staged by Jignesh Mevani and his associates.Additional Chief Metropolitan Magistrate P N Goswami, who also imposed a fine on Mevani and others, suspended their sentence till
October 17 to enable them to file appeals.The case was registered against Jignesh Mevani and 19 others at the University police station here in 2016 for staging a road blockade to press their demand that an underconstruction building of the law department of Gujarat University is named for Dr B R Ambedkar. The First Information Report was registered under Indian Penal Code sections 143 (unlawful assembly) and 147 (rioting) as well as sections of the Gujarat Police Act.
India’s Economy Expected To Grow 7.5% This Year: PM Modi At Regional SCO Summit In his address at the summit, the prime minister also said India is making progress to become a manufacturing hub while highlighting various aspects of the country’s economy
Agency News: Samarkand, Uzbekistan ndian economy is expected to grow by 7.5 per cent this year and it will be the highest among the world’s largest economies, Prime Minister Narendra Modi said at the annual summit of the Shanghai Cooperation Organisation (SCO) today.In his address at the summit in this historical Uzbek city, the
Prime Minister Narendra Modi on Friday told Russian President Vladimir Putin that now was “not a time for war” on the sidelines of a regional prime minister also said India is making progress to become a manufacturing hub while highlighting various aspects of the country’s economy.We are making progress on making India a manufacturing hub. India’s young and talented workforce makes us naturally
competitive,” he said.“India’s economy is expected to grow by 7.5 per cent this year, which will be the highest among the world’s largest economies,” PM Modi said.The prime minister made the remarks in presence of Russian President Vladimir Putin, Chinese President Xi
“Unpalatable Food”: P Chi- PM Modi true follower dambaram Slams Minister of BR Ambedkar, says Over 1991 Reforms Remark The finance minister during a BJP party function said that the 1991 reforms, taken up by Manmohan Singh Agency News: New Delhi Former finance minister and senior Congress member P. Chidambaram on Friday reacted to Union finance minister Nirmala Sitharaman’s remarks on India’s 1991 economic reforms. The finance minister during a BJP party function in Mumbai on Thursday reportedly said that the 1991 reforms, taken up by Manmohan Singh when he
ex-president Kovind
Jinping, Pakistan Prime Minister Shehbaz Sharif and other leaders of the influential bloc.“We are supporting innovation in every sector. Today, there are more than 70,000 Start-ups in India, of which more than 100 are unicorns. Our experience can also be useful for many other SCO members,” he said.“For this purpose, we are ready to share our experience with SCO member countries by establishing a new Special Working Group on Startups and Innovation,” he said.Prime Minister Modi said India is putting a lot of focus on the proper use of technology in the peoplecentric development model. India still remains among the fastest growing economies.
Cheetahs For India Riding A Plane To Gwalior, Will Then Take A Chopper
Agency News: New Delhi was the finance minister during the Narsimaha Raoled government at the Centre, were “half-baked”. On Friday morning, taking to Twitter, Mr Chidambaram while backing Manmohan Singh for his reforms said at least he did not serve “over-cooked and unpalatable food.” The FM is reported to have said that the 1991 reforms were “half-baked” Thank God, Dr Manmohan Singh did not serve over-cooked and unpalatable food like Demonetisation, multiple-rates GST and savage taxes on petrol and diesel,” the former finance minister tweeted. In another post attached to the initial tweet, he wrote: “We thank the FM for revealing that she took bakery and cooking courses in University.”
Former president Ram Nath Kovind said Prime Minister Narendra Modi has taken several initiatives for good governance Agency News: New Delhi Former president Ram Nath Kovind on Friday said Prime Minister Narendra Modi is a true follower of B R Ambedkar and is working towards turning the social reformer’s vision into a reality. Kovind also listed out initiatives of the government in
the fields of education, labour welfare, women empowerment, building a self-reliant country and the reading down of Article 370 of the Constitution with respect to Jammu and Kashmir, and said these steps were in congruence with Ambedkar’s vision.“Babasaheb, as the chairman of the Drafting Committee of the Constituent Assembly, had rejected a proposal to grant a special status to Jammu and Kashmir. Later, after a complicated turn of events, Jammu and Kashmir was granted a special status, which was against the wishes of Babasaheb,” Kovind said. He said this disparity with regard to Jammu and Kashmir was removed in August 2019 following the efforts of the Modi government.
The special cargo plane carrying eight cheetahs from Namibia will land at the Gwalior airport in Madhya Pradesh on Saturday morning instead of Jaipur in Rajasthan as planned earlier and the felines will be then taken to the Kuno National Park where they will be released, official sources said on Friday.The plane will arrive at Gwalior’s Maharajpura airbase, operated by the Indian Air Force (IAF), around 5 am and by 6 am, the felines will be shifted to the Kuno National Park (KNP) in a helicopter, they said.The national park is located in Madhya Pradesh’s Sheopur district, located.
Bus with over 20 passengers on board catches fire at Ahmedabad’s Memnagar station A massive fire broke out in a bus stationed at Memnagar Bus Rapid Transit System (BRTS) bus stand in Ahmedabad on Friday morning.
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Sunvilla News: Ahmedabad A massive fire broke out in a bus stationed at Memnagar Bus Rapid Transit System (BRTS) bus stand in Ahmedabad on Friday morning. According to the reports, there were
more than 20 people on the bus when the fire erupted. Upon receiving the information about the blaze, fire tenders were rushed to the spot who brought the flames under control. All passengers were safely evacuated and no injuries were reported in the accident. It is said
that the fire erupted due to electricity fault. Fire tenders brought the flames under control. There were more than 20 people on the bus when the fire erupted All passengers were safely evacuated A bus stationed at Memnagar BRTS bus stand caught fire on Friday.
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Editorial
SUNVILLA SAMACHAR Privatising Public Sector Banks By Modi Government Is A Dangerous Move There are fundamental objections to the plan of the government to privatise at least some ofthe public sector banks. They centre around the fact that such a move will change thepattern of deployment of credit, away from productive activities towards speculation, awayfrom peasant agriculture towards big business (with dangerous implications for peasantviability, food security and employment), and away from domestic to global destinations. These objections are well-known and have been much discussed, and their pertinence hasbeen underscored by the fact that Indian public sector banks were completely untouchedduring the “subprime-lending crisis” of 2008; but the government, concerned more withpleasing domestic and foreign big business than with the nation’s well-being, predictablyignores them. My purpose here however is not to reiterate these objections; it is to point toanother serious danger from privatisation which has been less discussed and which thecountry can ill-afford to ignore.During the dirigiste period, bank loans were used primarily to fulfil shortterm credit needs,such as to finance inventory-holding in trading and industrial establishments, while long-termfinancial needs, for fixed capital formation, were fulfilled through a set of specialised financialinstitutions that had been set up just for this purpose. These institutions got their funds fromgovernment sources, such as the profits of the Reserve Bank of India, and gave loans at lowinterest rates, lower than the rates that the banks charged, and often even at negative realinterest rates (i.e., the nominal rates they charged were lower than the rate of inflation) inorder to encourage investment. With “liberalisation” however this entire arrangement changed. The earlier specialisedfinancial institutions disappeared in their old form, some like IDBI converting themselves tobanks. Longterm financial needs of units were now supposed to be met through the capitalmarket, from where also whatever financial institutions existed for giving long-term loans,were to raise their funds. But if an investment project was not profitable enough, or was toorisky, then capitalists, instead of approaching the market, started approaching public sectorbanks even for long-term loans. And the banks have ended up giving large loans, especiallyfor infrastructure projects, with the government pushing them to do so. As a result, the publicsector banks, precisely because the government can armtwist them into giving the loans itwants them to, have developed balance sheets that portend danger.Banks obtain their resources from the deposits of the public which can be withdrawn by thepublic at a moment’s notice. If a significant part of these resources is used for giving loansfor long-term investment, then in effect the banks are “borrowing short to lend long”, whichexposes them to a potential illiquidity crisis. If many depositors decide suddenly to withdrawtheir deposits, then the bank collapses; and even if only a few depositors wish to withdraw,and word gets around that the bank may face illiquidity, then there is a run on the bankmaking it collapse. To prevent such a possibility, banks whose liabilities are short-term,generally hold assets too that are short-term; since shortterm assets, by definition, can be liquidated without involving much loss of value, the danger posed to a bank by a suddenwithdrawal of deposits is thereby minimised. But if the assets are long-term, then theirsudden sale involves a substantial loss, which therefore makes a sudden withdrawal ofdeposits from the bank much more difficult to negotiate.The public sector banks have not just given loans for the acquisition oblong-term assets;much of the loans they have given are for infrastructure projects, which have a longgestation period, where time and cost-overruns are common, and where profits appear, if atall, only after a long period of time. The fact that a good part of such loans can be countedamong the “on-performing assets” of the banks should come as no surprise. But even thatpart which is not officially counted as NPA, nonetheless falls under the category of “stressedassets”. Thus the public sector banks have been pressurised by the government, not justinto giving long-term loans but into giving “stressed loans”. They are in short - Kapilkumar M. Hirpara sitting on top ofa volcano.
Editor
Chinese Loan Apps Probe: Funds Worth ₹ 46 Crore Frozen In Paytm, Razorpay, Others
Radhika Madan looks uber chic in a sexy black pantsuit and she looks bold in the braless crop jacket
“Dragged Him Away From Mob”: Man Who Saved Kolkata Cop’s Life Recalling the incident, Mohammad Sahid said that many protesters had gathered at the Rabindra Sarani-MG Road crossing near which his stall is located Agency News: Kolkata Mohammad Sahid on Friday carried on with his daily routine
E Shinde’s “Complete Ignorance”: Aaditya Thackeray On $20 Billion Deal Row Aaditya Thackeray had earlier said that the previous Maha Vikas Aghadi government in Maharashtra had worked Agency News: Mumbai Maharashtra has lost out on lakhs of jobs “only because of the incompetence and the ignorance” of the government, Shiv Sena leader Aaditya Thackeray said today, accusing Maharashtra industries minister Uday Samant of ‘losing’ two projects which have cost the state “most about 1.7 lakh jobs”. He had earlier said that the previous Maha Vikas Aghadi government in Maharashtra had worked extremely hard to try and win the Vedanta-Foxconn project. The other project is the Bulk Drug park project which has gone to three states - Gujarat, Andhra Pradesh, and Himachal
Many Efforts Made In Making Northeast Peaceful, Developed: Amit Shah
In July, the court had asked the Centre to file a “detailed and exhaustive” reply on the petition by Samyak Gangwal seeking to declare the PM CARES The Delhi High Court today listed for hearing on January 31 pleas concerning the legal status of the Prime Minister’s Citizen Assistance and Relief
in Emergency Situations Fund or PM CARES Fund under the Constitution and the Right to Information Act. A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad also granted four weeks’ time to
the Centre to file its reply in the matter in terms of an earlier order passed by the court. In July, the court had asked the Centre to file a “detailed and exhaustive” reply on the petition by Samyak Gangwal seeking to declare the
The Enforcement Directorate today said it has frozen ₹ 46.67 crore worth funds kept in payment gateways Easebuzz, Razorpay, Cashfree and Paytm after it carried out raids this week against Chinese-controlled loan apps and investment tokens.The funds have been frozen under the anti-money laundering law. The searches were launched on September 14 at multiple premises of the accused in Delhi, Mumbai, Ghaziabad, Lucknow and Gaya.Sixteen premises of banks and payment gateways in Delhi, Gurugram, Mumbai, Pune, Chennai, Hyderabad, Jaipur, Jodhpur and Bengaluru in respect of an investigation related to an
app-based token named HPZ and related entities were also covered, the federal agency said in a statement.The money laundering case stems from an October, 2021 FIR filed by the cyber crime unit of Kohima Police in Nagaland, it said.“During the search, various incriminating documents have been recovered and seized,” it said.“Huge balances were found to be maintained in the virtual accounts of the involved entities with payment aggregators like ₹ 33.36 crore was found with Easebuzz Private Limited, Pune, ₹ 8.21 crore with Razorpay Software Private Limited, Bangalore, ₹ 1.28 crore with Cashfree Payments India Private Limited, Bangalore and ₹ 1.11 crore with Paytm.
Amit Shah’s remark came as he presided over the signing of an agreement among the central Agency News: New Delhi Union Home Minister Amit Shah on Thursday said several efforts have been made to make the Northeast developed, the most important
of which is to establish peace in the region.He said this while presiding over the signing of an agreement among the central and Assam governments and the representatives of eight Adivasi groups.The agreement was signed in Delhi to end decades-old crisis of Adivasis and tea garden workers in Assam, an official statement said.T he groups that signed the agreement included BCF, ACMA, AANLA, APA, STF, AANLA (FG), BCF (BT) and ACMA (FG).The Home Minister said in accordance with Prime Minister Narendra Modi’s vision of a peaceful and prosperous Northeast, this agreement will prove.
PM CARES Fund a ‘State’ under Article 12 of the Constitution to ensure transparency in its functioning.The court had then noted that only a one-page reply was filed to such an “important issue” and said it wanted an extensive response by the government.Another petition filed by the same petitioner seeks to declare the fund a ‘public authority’ under the Right to Information (RTI) Act. It is also pending in the court which had earlier sought the Centre’s reply on it.
No Impact By State Chiefs’ Resolutions On Poll For Party Chief: Congress Chairman of the Congress’ Central Election Authority Madhusudan Mistry said that the entire process of the election of the party president is “open” as the party has nothing to hide. Agency News: New Delhi Chairman of the Congress’ Central Election Authority (CEA) Madhusudan Mistry on Thursday said that the resolution passed by the state unit chiefs will not impact Congress’ presidential election as it is an independent process.No resolution has any bearing on the process of the election of the new Congress president.“A meeting of all the State Returning Officers related to the election
was held on Wednesday where identity cards were given to all our selected delegates. We have generated identity card with QR code for all which will be given to the delegates of all states before September 20,” Congress CEA chief further said.He also said that the entire process of the election of the party president is “open” as the party has nothing to hide.“The Pradesh Congress Committee (PCC) delegates will pass resolutions authorising the new Congress president to appoint the party’s
state chiefs and All India Congress Committee (AICC) delegates, and these resolutions will not affect the presidential poll as this is an independent process,” Mr Mistry said.“The Pradesh Returning Officers (PROs) will hold delegate meeting and give the authorisation to choose state presidents, AICC president and also Party president,” Mr Mistry said adding that the process will have no bearing on the election of the new Congress president“Those seeking to file nominations.
Green Court Fines Rajasthan 3,000 Crores For Environmental Norms Violation Agency News: New Delhi
Sahid, who was initially scared to speak to PTI fearing reprisal, said that many protesters had gathered at the Rabindra SaraniMG Road crossing near which his stall is located.“There was tension everywhere, shops had downed their shutters. The officer and three other policemen arrived in a vehicle from MG Road and stopped before my stall. Suddenly, all hell broke loose.
Delhi High Court To Hear Pleas Over Legal Status Of PM CARES Fund On January 31
Agency News: New Delhi
Pradesh“They have to answer the people more than anyone else today,” he said, slamming the Eknath Shinde-led government in the state.Gujarat recently bagged the ₹ 1.54 lakh crore venture for India’s first semiconductor plant. Mining conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn have decided to jointly build the plant in Gujarat’s Ahmedabad. Gujarat pipped Maharashtra in a close race to win the plant location.“My only focus is that the complete ignorance of this new industry minister and the Chief Minister has led to Maharashtra losing on two major projects and lakhs of jobs in our state,” the young Sena leader, who has been uncharacteristically.
of serving coconut water to thirsty customers at his makeshift stall near a busy junction in north Kolkata.However, three days ago, the nondescript resident of Kalabagan area turned a hero when he saved Additional Commissioner of Police Debjit Chatterjee from being attacked by angry protesters during the BJP’s march to the secretariat on Tuesday.Recalling the incident,
Agency News: Bhopal
Rajasthan was awarded the penalty for allegedly not managing solid as well as liquid waste, causing harm Agency News: New Delhi The National Green Tribunal (NGT) has imposed environmental compensation of ₹ 3,000 crore on Rajasthan for allegedly not managing solid as well as liquid waste, causing harm to the environment. The fine was necessary under
Once A Dreaded Dacoit, 72-YearOld Now Raising Awareness About Cheetahs
Section 15 of the NGT Act to remedy the continuing damage to the environment and to comply with directions of the Supreme Court requiring the Tribunal to monitor the enforcement of norms for solid and liquid waste management, said the Tribunal in its order.The bench of Justice Adarsh Kumar Goel on Thursday
said the restoration measures with respect to sewage management would include setting up of sewage treatment and utilization systems, upgrading systems/ operations of existing sewage treatment facilities to ensure utilization of their full capacities, ensuring compliance with standards, including.
He once headed a gang of bandits in the rugged ravines of Chambal in Madhya Pradesh. Now, nearly four decades later, he is on a mission to raise awareness about the cheetahs that are being flown from Namibia to India.Ramesh Singh Sikarwar, a former dacoit who surrendered in 1984, has been roped in by the Madhya Pradesh forest department as a ‘Cheetah Mitra’ (friend of cheetah) to sensitize people on the spotted felines that are being brought to a national park in the state under the Centre’s ambitious programme.Eight cheetahs will be brought to Gwalior from Namibia in Africa on September 17 in a cargo aircraft as part of an inter-continental translocation project and flown.
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SPORTS - BUSINESS
Nadal teases final event with Federer after tennis legend announces retirement There was a small part in Nadal’s post that went unnoticed for tennis fans where he teased one last event with Federer Agency News:New Delhi Rafael Nadal paid a heartfelt tribute to his “friend and rival” Roger Federer on social media after the Swiss tennis legend on Thursday make a shocking announcement on his retirement. Federer revealed his intention
to retire from tennis next week after the Laver Cup in London. But there was a small part in Nadal’s post that went unnoticed for tennis fans where he teased one last event with Federer. Nadal, who was chasing his fifth title in New York and a 23 major in his career, suffered
a round-of-16 exit to Frances Tiafoe in US Open last week. Following the shock exit, Nadal casted a massive doubt on his commitments later this year, including the laver Cup which
‘Get Kohli, Rohit out, half of India is finished. They’ll score 70 less in T20s’ Agency News:New Delhi Former Afghanistan captain Asghar Afghan will return to the cricket field in the Legends League Cricket as part of the India Capitals squad. The tall right-hander, who was one of the first to bring Afghanistan’s cricket to the global map, is excited to ply his trade for the Gautam Gambhir-led side. Ahead of the tournament, Asghar Afghan, in an exclusive interview with Hindustan Times, expressed his views on LLC, Afghanistan’s performance in the Asia Cup, their issues in domestic cricket, the greatness
of Virat Kohli and Rohit Sharma and much more. Q) Your thoughts on Afghanistan’s performance in the Asia Cup? Asghar Afghan: Afghanistan played well in the Asia Cup but I believe we should have won the tournament. We
were playing in the UAE. We knew the conditions really well. And T20 is our strongest format. We have a lot of players who play in different leagues across the globe. We have a lot of individual.
begins next Friday at the 02 Arena in London. ”I need to go back. I need to fix things, life, then I don’t know when I (am) going to come back. I (am) going to try to be ready mentally.
Mumbai Indians announce Mark Boucher as new head coach
Gautam Adani becomes second richest man in the world: Report
Patanjali will float 4 IPOs, expects 1 lakh cr turnover
According to the Forbes Real Time Billionaires List, Adani’s net worth rose by $5.2 billion, a hike of 3.49 per cent He is narrowly
Agency News:New Delhi
Agency News:New Delhi Billionaire tycoon Gautam Adani has now become the world’s second richest man, replacing Bernard Arnault by
Agency News:Mumbai The makers of ‘Babli Bouncer’ starring Tamannaah Bhatia dropped another song titled ‘Le Sajna’ which speaks of one-sided love. The music and lyrics are by Tanishk Bagchi and the vocals are by Altamash Faridi. Directed by National award-winning director Madhur Bhandarkar, ‘Babli Bouncer’ is a delightful fun family entertainer starring Tamannaah Bhatia in a never seen avatar of a female bouncer.Produced by Star Studios and Junglee Pictures, ‘Babli Bouncer’ also features Saurabh Shukla, Abhishek Bajaj, and Sahil Vaid in pivotal roles.‘Babli Bouncer’ releases on September 23, 2022, on Disney+ Hotstar in Hindi, Tamil, and Telugu. The music and lyrics are by Tanishk Bagchi and the vocals are by Altamash F a r i d i . Produced by Star Studios and Junglee Pictures, ‘ B a b l i Bouncer’ also features Saurabh Shukla, Abhishek Bajaj, and Sahil Vaid in pivotal roles. ‘Babli.
Yoga guru Ramdev on Friday announced Patanjali Ayurved will float four initial public offerings (IPO) in the market. During a press conference, Ramdev said the IPOs of Patanjali Ayurved, Patanjali Wellness, Patanjali Medicine and Patanjali Lifestyle will be floated. He said Patanjali’s turnover is set to reach ₹1 lakh crore in the next five years.
Sensex Crashes 1,100 Points In Bloodbath, Extends Losses For 3rd Session
Agency News:New Delhi
Agency News:Mumbai
The Mumbai Indians on Friday announced former South Africa wicketkeeper Mark Boucher as their new head coach. The five-time Indian Premier League (IPL) champions said that Boucher will take over “starting with” the 2023 edition of the IPL. “It is an honor and privilege to be appointed as Head Coach of MI. Their history and achievements as a franchise clearly put them up there as one of the most successful sporting franchises in all of world sport,” said Boucher. “I look forward to the challenge and respect the need for results. It’s a strong unit with great leadership.
Indian shares crashed on Friday, with equity benchmarks erasing gains for the week and extending their losses for the third straight session, tracking a global sell-off after the International Monetary Fund and the World Bank warned of a looming recession from the broadest and most aggressive policy tightening in decades. After falling below the 60,000 mark on Thursday, the BSE Senex index crashed by over 1,100 points, and
the broader NSE Nifty-50 index declined more than 2 per cent, following a fall below 18,000 points in the previous session. “The Nifty Index lost around 1 per cent in the past week. The Indian markets posted small
BOLLYWOOD-HOLLYWOOD Tamannaah Bhatia-starrer ‘Babli Bouncer’ new song ‘Le Sajna’ speaks of one-sided love
a whisker on the Forbes list. The Adani Group chairman’s net worth now stands at $155.5 billion ( ₹12.37 lakh crore). According to the Forbes Real Time Billionaires List, Adani’s net worth rose by $5.2 billion, a hike of 3.49 per cent. He is narrowly ahead of French tycoon Bernard Arnault and Amazon founder Jeff Bezos. Tesla founder Elon Musk continues to occupy the top position in the rich list.In the top 10 list, Reliance Industries chairman Mukesh Ambani is the second Indian with a net worth.
Richa Chadha FINALLY confirms wedding with Ali Fazal: ‘Can’t wait for October’ Agency News:Mumbai Actress Richa Chadha has confirmed that she and actor Ali Fazal are tying the knot in October.Richa Chadha took to social media to confirm her October wedding with beau, Ali. The couple are expected to have wedding celebrations and functions in Delhi and Mumbai, with a special party also planned in Delhi post the wedding in mid-October at Delhi Gymkhana Club.The duo, who have been dating for a really long time, were originally meant to be wedded in April 2020, but owing to Covid restrictions, the wedding was positioned twice.The two reportedly met on the sets of ‘Fukrey’ in 2012 for the first time. The two will soon be seen sharing screen space once again in the third installment of the ‘Fukrey’ franchise Richa Chadha took to social media to confirm her October wedding with beau, Ali.
losses on a relative basis on hopes of continued growth momentum, even as global and domestic data prints were adverse with elevated inflation reported across major economies,” said Shrikant Chouhan, Head of
Equity Research for Retail at Kotak Securities. The MSCI world equity index, which tracks benchmarks in 47 countries, fell 0.5 per cent on the day and was on course to post losses for a fourth straight session and mark the worst week since June.While a dollar gauge soared to a new record, reflecting bets for a jumbo-sized Federal Reserve interest rate hike next week.US futures fell, indicating no respite from the sell-off on Thursday, which caused the S&P 500 index to settle at its lowest.
Sara Ali Khan wishes to have a career similar to THIS Bollywood actress Agency News:Mumbai Bollywood actress Sara Ali Khan has recently said that she wishes to have a career similar to her contemporary Alia Bhatt. In a recent interview, Sara said that Alia said, “Alia did a Karan Johar film and a Sanjay Leela Bhansali film simultaneously. Any of you that know what I want even a little bit, know that’s the answer - If you can be Gangu and Rani at the same time, then that’s (she made a face expressing amazement). I saw ‘Student of the Year’ and ‘Highway’ in the span of two years and that’s amazing.”in the last two years, Alia has played versatile roles in superhit films like ‘Gangubai Kathiawadi’, ‘RRR’, ‘Darlings’, and ‘Brahmastra’.Sara made her Bollywood debut in 2018 with the film ‘Kedarnath’. She was then seen in films like ‘Simmba’, ‘Love Aaj Kal’, ‘Coolie No. 1’ and ‘Atrangi Re’.She will be next seen in Laxman Utekar’s yet-to-be-titled film with Vicky Kaushal. Sara also has ‘Gaslight’ with Vikrant Massey in the pipeline Sara made her Bollywood debut in 2018 with the film ‘Kedarnath’.
Nora Fatehi, Sidharth Malhotra’s sizzling chemistry in ‘Manike’ sets the internet ablaze Agency News:Mumbai The highly anticipated trailer of ‘Thank God’ shared a sneak peek into the steamy track ‘Manike’ that features Sidharth Malhotra and Nora Fatehi.The duo left audiences with anticipation and adding to the excitement, the makers have shared the much-awaited song. A T-Series Films and Maruti International production, ‘Thank God’ is directed by ‘Dhamaal’ director Indra Kumar.The film is produced by Bhushan Kumar, Krishan Kumar, Ashok Thakeria, Sunir Kheterpal, Deepak Mukut, Anand Pandit and Markand Adhikari. It is co-produced by Yash Shah.The film marks Sidharth and Ajay’s first on-screen collaboration.It is all set to release this Diwali on October 25, 2022. ‘Thank God’ will be facing a big Bollywood clash with Akshay Kumar’s upcoming film ‘Ram Setu’ which also stars Jacqueline Fernandez and Nusshratt Bharuccha in the lead roles. The full song, from the film ‘Thank God’, is all set to release on September 16.
SUNVILLA SAMACHAR Photo
17.09.2022, Saturday
GoMechanic Spares holds Mechanic Prize Distribution in Ahmedabad; Distributes motorcycle & gifts to loyal workshops, mechanics & spare part retailers
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Sunvilla News: Ahmedabad
Disha Patani looks scintillating in the hankerchief top and denim skirt.
GoMechanic Spares, India’s No.1 car spare partsbrand organized a Mechanic Prize Distribution Ceremony at 4D Mall, Motera, Ahmedabad onTuesday evening. The event was organized in association with GoMechanic’s authorized spareparts distributor for Ahmedabad, Shree Maruti Lubricants. Mr. Ashokbhai Patel from KhodiyarAutomobile, Gandhinagar was rewarded with a Bajaj Platina motorcycle for his exceptionalloyalty toward the GoMechanic Spares brand being the top buyer of GoMechanic genuinespare parts. Several gifts icluding household appliances & travel accessories were alsodistributed to other loyal customers by Mr. Ambesh Bhansali, owner of Shree Maruti Lubricants.The event was attended by over 150 mechanics, workshop owners & retailers around the citywho came to witness the ceremony. In an exclusive interaction Nitin
Moscow presents Tourism and potential for the Indian Market Moscow participated in the largest outbound tourism exhibition - Outbound Travel Mart (OTM) in Mumbai, where it demonstrated its Tourism and MICE potential. The event was held from 13 to 15 September in the Jio World Convention Centre. Moscow City Tourism Committee was represented by the ANO «Project Office for the Development of Tourism and Hospitality of Moscow». The Moscow delegation, headed by Ms. Alina Arutyunova, Deputy Chairman of Moscow City
Tourism Committee, who held talks with representatives of the India Tourism Industry to further strengthen its relationship with India.Russia in the view of Indian Citizens! It’s a prestigious, exotic and fashionable countrMany are eager to come to Moscow to be one of the first to see how people live in RussiaAccording to experts, building Business ties between representatives of the Tourism Industry of Russia and India will help overcome any kind of barriersBulat Nurmukhanov, Head.
Various views of the newly constructed Mahesana – Jagudan Broad Gauge New Line section Western Railway is contributing immensely in the infrastructural development of railways in Gujarat and in the last few years, tremendous boost has been given to new line, gauge conversion, electrification, doubling and other infrastructural upgradations along with enhancement of passenger amenities. In this direction, Western Railway has completing the work of new Broad Gauge line between Mahesana – Jagudan (10.39 km) over Ahmedabad division which is an extension of Mahesana - Taranga Hill till Jagudan station on the busy
Ahmedabad – New Delhi route. Commissioner of Railway Safety/ Western Circle conducted an inspection of the section recently and has authorised for opening the section for passenger traffic with the initial speed of 90 kmph. According to a press release issued by Shri Sumit Thakur, Chief Public Relations Officer of Western Railway, this new Broad Gauge line has been constructed to remove the bottleneck between the recently Gauge Converted Mahesana - Taranga Hill section and the two lines of Dedicated Freight Corridor.
H.E. Ms Catherine Colonna Minister for Europe and Foreign Affairs of France Confers the Légion d’Honneur on Dr. Swati Piramal H.E. Ms. Catherine Colonna, Minister for Europe andForeign Affairs of France, today conferred the Chevalier de la Légion d’Honneur (Knightof the Legion of Honour) on Dr. Swati Piramal, Vice Chairperson, Piramal Group, inMumbai. The highest French civilian award comes in recognition of Dr. Piramal’s outs tanding achievements and contribution in the fields of business and industry, science, medicine,art and culture, both nationally and internationally. In 2006, she was also awarded theChevalier de l’Ordre National du Mérite (Knight of the Order of Merit), France’s secondhighest civilian honour.Dr. Piramal is amongst India’s leading scientists and
industrialists, whose contribution toinnovations, new medicines, and public health has touched many lives. She has alsoplayed a pivotal role in encouraging business and industry, innovation, art and cultur ebetween India and France. In her speech at the investiture, Minister Catherine Colonna said, “It is my great pleasureand privilege to confer on Dr. Swati Piramal the highest French civilian award, theLégion d’Honneur, on behalf of President Emmanuel Macron. Dr Piramal is not only aleading and outstanding businesswoman, but also a businesswoman who gives back tosociety. Her strong influence on business and industry, public policy, healthcaregovernance and women’s leadership.
Rana, Co-founder, GoMechanic, said ;We are extremelydelighted to be able to honor & reward the efforts of our loyal customers. The event is focussedmainly to appreciate the best workshops, retailers & mechanics who have been continuouslypurchasing distributing.
LOCAL NEWS
12thedition of BharatiyaChhatraSansadis being inaugurated at MIT-World Peace University Sunvilla News: Ahmedabad With the insight to create the visionary political thinkers of tomorrow, MIT School of Government (MIT-SOG) kick started a 3-dayAnnual National Conclave, BharatiyaC hhatraSansad (Indian Student Parliament) or BCS in association with BharatiyaChhatraSansad Foundation from today in MIT World Peace University, Pune, Maharashtra. The event will see top political leaders and eminent personalities of the country sharing their enriching experiences and thoughts with the youth of our country from 15th Sept to 17th Sept. Known
provide better risk-adjusted returns than broad market cap weighted indices. The indices underlying the Smart Beta ETFs - the NIFTY100 Quality 30 TRI, NIFTY50 Value 20 TRI and NIFTY Growth Sectors 15 TRI - generated higher average rolling returns over 1, 3, 5 and 10 year horizons compared to the NIFTY 100 and NIFTY 50 TRI.Commenting on the launch, Mr. Navneet Munot, Managing Director and Chief Executive Officer, HDFC Asset Management Co. Ltd. said, “Smart Beta investing is popular globally with AUM rising steadily. HDFC AMC is happy to expand index solution offerings for investors that are backed by empirical.
as the largest platform for the politically inclined youth of Bharat, this year’s BCS marked the 12th edition of inspiring youth and strengthening democracy. Shri. Rahul V. Karad, Executive President, MIT World Peace University, Chief Initiator, MIT School of Government,
delivered the welcome address which filled students with great enthu siasm for this mega event. The visionary Shri. Rahul V. Karad, who is also the Founder and Chief Patron of Bha ratiyaChhatraSansad,emphasised “India is the spiritual capital of the world, we have always.
Zee TV along with Rashmi Sharma Telefilms recently launched its latest fictionoffering - Sanjog and has been receiving positive reactions from the audience. Themature family drama that showcases the intricacies of the relationship between twovery different mothers Amrita and Gauri, and their respective daughters, recentlytook a leap where the viewers are now in for a rollercoaster of emotions.While
all the actors work hard and put in a lot of effort for the show, it looks like ourbeloved Rajniesh Duggall a.k.a Rajeev is going the extra mile to get into the skin ofthe character. Rajniesh believes that he is very different from what he has to portrayonscreen and thus, he is reading books to give an interesting edge to his character.Rajniesh Duggal said, “When I was offered Sanjog, I decided to dwell deep intounderstanding the character of Rajeev.
Western Digital launches Share Upl And Cleanmax Partner For New Your Memory COntest
Renewable Energy Project In Gujarat UPL Ltd. (NSE: UPL & BSE: 512070 LSE: UPLL) (‘UPL’), a global provider of sustainable agricultural solutions, today announced a joint venture with CleanMax Enviro Energy Solutions (‘CleanMax’), a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat, India.UPL and CleanMax will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of solar power and 33 MW of wind power. Combining two of the fastest growing renewable energy technologies, this project will enable UPL to increase its renewable energy usage to 30% of its total global power consumption (against 8% currently). Due to their complementary nature, wind solar hybrid power plants are highly efficient, providing
reliable and continuous power supply that helps to effectively manage power loads.Jai Shroff, Global CEO of UPL, said: “At UPL, we are committed to Reimagining Sustainability internally as well as with our farming partners. Ensuring we have access to reliable, clean energy will help realize that vision as we significantly reduce our carbon footprint. We look forward to welcoming CleanMax to our OpenAg network through this partnership and are excited to be joining India’s green energy wave.”
On its 68 th Founders’ Day, Voltas, India No.1 AC brand, celebrates yet another landmark of 2.7 million units of sales, including 1.4 million units of ACs, for the period Jan to Aug 22 Voltas Limited, India's No.1 AC brand, from the house of Tata,celebrated its 68 th Founders’ Day by recording the highest market share yet again in the AirConditioner category, crossing its nearest competitor by 1030 BPS in July 22. The Company soldclose to 1.4 million AC units in the period January to August 22. The company has alreadywitnessed the 1 million AC plus milestone for 7 years in a row. The performance was attributedto an increase in demand for cooling products given the intense summer experienced acrossthe country, coupled with the company’s strong online and offline distribution network,strongest brand equity, and innovative range of products, including India’s first AC with HEPAFilter.Voltas has been the undisputed market leader in the Room Air Conditioner
category for morethan a decade, consistently maintaining the No. 1 position, and has steadily increased andmaintained its lead over the competition. The brand is now gearing up to further expand itsretail and distribution network, to cater to its evergrowing product portfolio, to get anadditional edge over competition. The company also registered over 100% growth in overallsales across all categories, as well as in AC sales, during the first quarter of the current fiscal.Voltas Beko, a JV in equal partnership with Voltas Limited, India's No.1 AC brand, from the house of Tata,celebrated its 68 th Founders’ Day by recording the highest market share yet again in the AirConditioner category, crossing its nearest competitor by 1030 BPS in July 22. The Company soldclose to 1.4 million AC units in the period January.
MeitY Startup Hub and Meta launch XR Startup Program to foster future technologies and innovation Sunvilla News: Ahmedabad
HDFC Mutual Fund announces launch of Smart Beta Rajniesh Duggall goes extra mile to ETFs – NIFTY100 Quality 30 ETF, NIFTY50 Value get into the skin of Rajeev’s charac20 ETF & NIFTY Growth Sectors 15 ETF ter for Zee TV’s Sanjog
HDFC Asset Management Company Ltd., one of India’s leading mutual fund houses that manages assets worth INR 4.34 trillion as on 30 Aug 2022, has announced the launch of NIFTY100 Quality 30 ETF, NIFTY50 Value 20 ETF, and NIFTY Growth Sectors 15 ETF, in order to expand their suite of ‘HDFC MF Index Solutions’. The fund house has been a trusted fund manager in index solutions for 20+ years.Smart Beta investing involves stock selection and weighting that is done based on pre-defined factors, as defined in the underlying index methodology by NSE Indices Limited. These investment strategies endeavour to
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Western Digital® kicks off its new six-month festive competition called “Share Your Memories”. Consumers buying select Western Digital offerings including SanDisk® products, 128 GB* and above, or any WD products, 2TB* and above, will be eligible to participate in this exciting contest. Two winners will be selected every week, who will win vouchers worth Rs. 1,00,000
each that can be redeemed to buy LG Electronics consumer durable products from a physical marketplace.Talking about the contest, Mr. Jaganathan Chelliah, Senior Director, Marketing, India, Middle East, and TIA, Western Digital, said, “A festival may not last long, but the memories that we create with friends and family during festivals last forever. With this exciting consumer contest, we want to help our consumers create happy and everlasting memories. Through the ‘Share Your Memories’ contest we are also creating an opportunity for our channel partners to grow sales during this festive season.” All eligible products from SanDisk and WD will have a large sticker on them with a scratch code and details. This is designed to help create awareness about the contest so that consumers do not miss a chance to participate. This festive season, consumers can enjoy reliable storage solutions.
M e i t Y Startup Hub (MSH), an initiative of the Ministry of Electronics &IT (MeitY), and Meta today announced the launch of the XR Startup Program to help foster ExtendedReality (XR) technologies in the country. This initiative, focused on skilling and building technologic alcapabilities for the metaverse, will help shape the ecosystem for these emerging technologies, includingAugmented Reality (AR) and Virtual Reality (VR) in the country.According to a recent study by the Analysis
Group, the Metaverse is estimated to add $240 billion or4.6% to India’s GDP by 2031, potentially impacting many aspects of existing economic influences fromemployment opportunities, specialized industries, infrastructure, andmore.The XR Startup Program will include an Accelerator and a Grand Challenge - that aim to boost theemerging tech ecosystem in the country and encourage innovation in a variety of sectors such aseducation.
Levi’s ® X Deepika Padukone Gets A Baggy Upgrade With The Launch Of Season 3
As baggier silhouettes are back, Levi’s ® x Deepika PadukoneSeason 3 is all about the shift to relaxed, comfortable fits in a streetwear-inspired collectionthat goes beyond denim and promises elevated fashion. Inspired by Deepika Padukone’s ease in making relaxed, oversized pieces look effortlesslystylish, this collaboration sets the tone for a season of having fun, being relaxed, andexperimenting with your wardrobe with a collection that sees down-to-earth colors meet poptints.Commenting on the collaboration, Deepika Padukone said, “I’ve always enjoyed
playing withthe contrast between loose easy silhouettes and fitted structured pieces. Of the 3seasons we’ve done so far, this one’s got to be my most favourite and I hope it inspirespeople to have as much fun with their wardrobe.”Speaking about the new collection, Amisha Jain, Managing Director, South Asia, MiddleEast & Africa at Levi Strauss & Co. said, “After two successful seasons of co-creating withDeepika, this third collection continues to bring Deepika’s unique style & fashion identity to lifein a way that is true to her but is still Levi’s ® at heart”The collection.
Remo, Bhagyashree and Urmila shake a leg on Bollywood’s famous song ‘Pinga’ on the sets of DID Super Moms
New Defender Honours Its Lineage With 75 Th Limited Edition In 1948 the Series I was introduced at the Amsterdam Motor Show.Land Rover is marking the anniversary with the Defender 75 th Limited Edition.Available in 90 or 110 body designs, the Defender 75 th Limited Edition hasan exclusive exterior designtheme with unique detailing, finished in iconic Grasmere Green paint with complementing wheelsand interior finishes. The exterior finish introduces Grasmere Green to the Defender line-up for the first time – a huereserved exclusively for the 75 th Limited Edition – with 50.8 cm (20) alloy wheels also in GrasmereGreen with matching centre caps. Completing the exterior enhancements are a unique 75Yearsgraphic and Ceres Silver bumpers.Defender’s durable and
vrsatile interior has received similar treatment, with the Cross Car Beamfinished in brushed Grasmere Green Powder Coat and laser-etched detailing on Cross Car Beam endcaps. The seats are finished in Resist Ebony, with the hockey stick on the centre console featuringRobustec material – the most robust fabric available on Defender. Stuart Frith, Lifecycle Chief Engineer Defender, said:“Since revealing the new Defender, customersaround the globe have fallen in love with it and demand remains extremely strong. This new LimitedEdition captures the spirit of the past 75 years.
After receiving an overwhelming response to the previous two seasons that introducedaudiences to some truly exceptional moms whose dancing skills can give even theyounger dancers a run for their money, Zee TV recently launched the 3rd edition of itspopular nonfiction show – DID Super Moms. Airing Saturdays and Sundays, the newseason has an exciting panel of judges – Remo D’Souza, Bhagyashree Dassani, andUrmila Matondkar to mentor and guide the talented moms through their journey andhelp them achieve their dancing dreams.Week after week, the Super Moms have amazed one and all with their wonderfulperformances and as the show is coming closer to announcing its winner, the upcoming‘Farewell Special’ episode has lots of fun and
exciting performances for its viewers.While all the super moms are putting their best foot forward to entertain the audience aswell as the judges, it was contestant Anila’s performance that won everyone’s hearts.Anila’s spectacular dance performance to Remo’s choreographed song ‘Pinga’ was sogood that it made the judges get off their seats, go on stage and shake a leg to the hookstep of the song. While the judges gave this spontaneous performance and synced perfectly with eachother, wait till you watch all the other super moms perform this weekend. To witness all the tremendous performances of the talentedmothers, tune into DID Super While the judges gave this spontaneous performance and synced perfectly with eachother, wait till you.
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