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Abu Dhabi’s IHC says its outlook on Adani Group investments is unchanged

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Image used for representative purpose only.

Image used for representative purpose only.
| Photo Credit: Reuters

International Holding Co’s (IHC) outlook on investments in India’s Adani Group remains unchanged, the Abu Dhabi conglomerate said following the U.S. indictment of billionaire Gautam Adani.

“Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors,” IHC said in a statement on Wednesday (November 27, 2024).

“As with all our investments, our team continues to evaluate relevant information and developments. At this time, our outlook on these investments remains unchanged.”

Last week, U.S. authorities accused Mr. Adani, his nephew and executive director Sagar Adani and the managing director of Adani Green, Vneet S. Jaain, of being part of a scheme to pay bribes of $265 million to secure Indian power supply contracts.

The ports-to-power conglomerate denied the charges as “baseless” and vowed to seek “all possible legal recourse”.

In October last year, IHC boosted its stake in Adani Enterprises to more than 5% after it sold down its investments in two other Adani companies. At the time, IHC said Adani Enterprises, the group’s flagship company, was “uniquely poised to capitalise on India’s robust growth journey”.

The increased investment came after short seller Hindenburg Research accused the conglomerate in January last year of stock manipulation and significantly high debt levels. Adani Group denied those allegations.

Adani and an IHC subsidiary last year formed a technology joint venture to create a platform to use AI and enterprise blockchain products to work on the digitisation of the Indian economy.

Adani Green, the company at the centre of the indictment, said on Wednesday Gautam Adani had been charged in the United States for alleged violations of securities law and faced potential fines but had not been charged under the U.S. Foreign Corrupt Practices Act.

In a stock exchange filing, Adani Green said a complaint by U.S. regulator the Securities and Exchange Commission (SEC) sought “an order directing the defendants to pay civil monetary penalties (but) it does not quantify the amount of penalty”.

The civil action launched by the SEC runs in parallel to U.S. federal prosecutors’ indictment against Mr. Adani and others.



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सनी देओल की ‘गदर 3’ में होगी 73 साल के विलेन की एंट्री? एक्टर ने दिया बड़ा हिंट, डायरेक्टर के सामने रखी खास डिमांड

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नई दिल्ली. सनी देओल और अमीषा पटेल की फिल्म ‘गदर 2’ ने पिछले साल बॉक्स-ऑफिस पर जबरदस्त गदर काटा था. फिल्म ने बॉक्स-ऑफिस पर 600 करोड़ से ज्यादा की कमाई की थी जिसके बाद से ‘गदर 3’ को लेकर खबरें तेज हो गईं. अनिल शर्मा अपनी इस ब्लॉकबस्टर फ्रैंचाइजी की तीसरी फिल्म लेकर आने वाले हैं. फिल्म में सनी देओल, अमीषा पटेल के साथ ही अनिल शर्मा के बेटे उत्कर्ष शर्मा और सिमरत कौर का नाम तय है, लेकिन ‘गदर 3’ के विलेन को लेकर दर्शकों के बीच जबरदस्त सस्पेंस बना हुआ है. दर्शक ये जानने के लिए बेसब्र हैं कि आखिर इस बार तारा सिंह पर्दे पर किसकी पिटाई करते नजर आने वाले हैं.

डायरेक्टर अनिल शर्मा के साथ फिल्म ‘वनवास’ में काम कर चुके नाना पाटेकर ने हाल ही में ‘गदर 3’ के विलेन के बारे में बात की. लल्लनटॉप के साथ बात करते हुए दिग्गज एक्टर ने इस बात की तरफ इशारा किया कि वो ‘गदर 3’ में विलेन के रोल में नजर आ सकते हैं. अनिल शर्मा की ब्लॉकबस्टर फ्रैंचाइज़ी से जुड़ने के बारे में नाना पाटेकर कहते हैं कि उन्हें विलेन के रोल में कास्ट करने के लिए फिल्ममेकर्स को कहानी में कई बदलाव करने पड़ेंगे.

Nana Patekar, Anil Sharma, movie Vanvaas, Nana Patekar Anil Sharma movie Vanvaas, Anil Sharma Nana Patekar, नाना पाटेकर, अनिल शर्मा

नान पाटेकर बनेंगे विलेन?
73 वर्षीय दिग्गज एक्टर कहते हैं, ‘मैं अगर गदर 3 में विलेन के रोल में नजर आता हूं, तो एक्शन सीन में सनी देओल की मेरी पिटाई करने का कोई सेंस नहीं बनता है. फिल्म के किरदारों को अलग-अलग तरह से कहानी को आगे बढ़ाना पड़ेगा’. वो कहते हैं कि वो इसकी डिटेल के बारे में बाद में बात करेंगे. नाना पाटेकर ने इस बात को कंफर्म किया कि उन्होंने इस बारे में डायरेक्टर अनिल शर्मा से बात की है. हालांकि उन्होंने इसे ऑफिशियल तौर पर कंफर्म नहीं किया है.

दर्शकों को रास नहीं आई ‘वनवास’
बता दें, नाना पाटेकर ने ‘गदर’ के डायरेक्टर अनिल शर्मा के साथ हाल ही में काम किया है. उनकी फिल्म ‘वनवास’ 20 दिसंबर को देशभर के सिनेमाघरों में रिलीज हुई. इस फिल्म में ‘गदर 2’ की जोड़ी लीड रोल में नजर आई थी. अनिल शर्मा द्वारा निर्देशित फिल्म में उनके बेटे उत्कर्ष शर्मा और सिमरत कौर ने लीड रोल निभाया था. ये फिल्म दर्शकों को कुछ खास इम्प्रेस नहीं कर पाई थी.

Tags: Entertainment news., Nana patekar



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Indian pharma industry projected to reach $130 billion by 2030 say experts

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Representational image only.

Representational image only.
| Photo Credit: Special arrangement

“The Indian pharmaceutical sector, currently valued at $55 billion, is expected to reach $130 billion by 2030 and $450 billion by 2047,” experts said at an industry event. 

With exports currently contributing $27.85 billion, India is solidifying its position as the ‘Pharmacy of the World,” they added. 

“The industry’s advancements in biologics, specialty generics and AI-driven technologies are redefining health-care solutions worldwide,” they said, adding that India as a key player in global exports, is expected to continue its upward trajectory, targeting a $1 trillion industry revenue including exports by 2047.

Speaking at CPHI & PMEC India, organised by Informa Markets in India, K. Raja Bhanu, Director General, Pharmexcil said, “The Indian pharmaceutical sector, a key focus area for exports, has demonstrated remarkable growth, with current market size at $55 billion and exports contributing $27.85 billion.”

“Projections indicate exports will soar to $130 billion by 2030 and $450 billion by 2047,” he said. Namit Joshi, vice-chairman, Pharmexcil said, “The Indian pharmaceutical industry has solidified its global position as the ‘Pharmacy of the World’ and earned recognition as the ‘Healers of the World’ through its exceptional contribution to COVID-19 vaccine distribution.”

“With exports nearing $27.84 billion and innovative advancements like nanoparticles and improved drug delivery systems, India continues to lead. Integrating IT with pharmaceuticals will further strengthen its role, paving the way for dominance in biologics and biosimilars,” he said. 

Pharma exports to grow at a faster clip, touch $31 billion in FY25 

Harish K. Jain, president, Federation of Pharma Entrepreneurs (FOPE) said, “By 2030, we expect our exports to grow significantly, with 70% directed to Europe and the U.S. Our industry’s impact is enormous — Indian pharmaceuticals contribute $8 billion annually to the U.S. healthcare system, saving patients more than $1.5 trillion,” he said. 

“With growing capabilities in AI, machine learning, and biologics, India is poised to become the world’s leading pharmaceutical hub, targeting a $1 trillion industry by 2047,” he added. 

Yogesh Mudras, Managing Director, Informa Markets in India said, “Having evolved into a vibrant sector, India now ranks third globally in pharmaceutical production by volume and 14th by value, contributing approximately 1.72% to the nation’s GDP. India is among the top 12 global biotechnology destinations and the third largest in the Asia-Pacific region.”

“This leadership stems from key advantages such as a low manufacturing cost, which is 30%-35% lower than in the U.S. and Europe, cost-efficient R&D at 87% less than developed markets and an abundant pool of skilled labour. These strengths position India as a formidable player in shaping the future of global health care,” he said.



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Incubation centres for bamboo-based startups in Northeast soon

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Representational image only.

Representational image only.
| Photo Credit: Special arrangement

GUWAHATI

A Sikkim-based university, focussing on industry-immersive education, has collaborated with the North East Cane and Bamboo Development Council (NECBDC) to promote bamboo-based startups and drive innovations in the bamboo industry.

“The partnership entails establishing incubation centres to support such start-ups and research and development centres to scale up bamboo-based solutions and advance sustainable harvesting methods,” a statement from Medhavi Skills University (MSU) and the NECBDC said on Thursday (November 28, 2024).

The NECBDC, formerly known as the Cane and Bamboo Technology Centre, is a wing of the North Eastern Council, the nodal agency under the DoNER Ministry for the economic and social development of the northeastern States.

“This partnership leverages the expertise of both organisations to foster sustainable growth, enhance employability and create valuable opportunities for the youth of the region. The initiative brings together MSU’s experience in conducting industry-oriented skill-based degree and diploma programmes with NECBDC’s specialised expertise in cane and bamboo development,” the statement read.

“Our partnership with NECBDC is focussed on developing vocational training in cane and bamboo technologies, integrating practical skills with formal education. We aim to provide industry-relevant certifications to empower local communities and support sustainable economic growth in the northeast,” Kuldip Sarma, Pro-Chancellor and co-founder of MSU said.

M.C. Omi Niingshen, the managing director of the NECBDC said the council hopes to unlock the immense potential of the northeast’s natural resources through the collaboration with the MSU.

“Our joint efforts will not just develop skills but also create a sustainable pathway for economic empowerment and technological innovation in the cane and bamboo sector,” he said.

According to the NECBDC, the northeast comprising eight States occupies 35.79% of the total bamboo area of 14.94 million hectares and 45.62% of the production of 53,336 million bamboo culms in the country.

Arunachal Pradesh (8,824 million culms) was the highest bamboo producer during 2021 followed by Assam with 5,656 million culms and Nagaland with 2,705 million culms.



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Adani group loans: Indian lenders kick off a review

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Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday (November 28, 2024), after the group’s billionaire founder Gautam Adani was indicted by U.S. authorities over an alleged $265 million bribery scheme.

Adani Group’s listed stocks, which at one point saw as much as $34 billion wiped off their market value, meanwhile recovered ground as some partners and investors rallied behind it.

Also Read: Adanis knew of U.S. probe when they sold ‘bribe-linked assets’ to TotalEnergies, say prosecutors

State Bank of India will not stop lending to ongoing Adani projects that are nearing completion, two sources told Reuters, but will exercise caution when disbursing loans to ensure all terms and conditions are being met.

Bank of India, Union Bank, ICICI Bank , Canara Bank, IDBI Bank and RBL Bank, which have relatively smaller exposures to the Adani Group, are undertaking similar exercises, sources said.

A regulatory source aware of the development said from a banking system perspective that no entity was over-exposed to the Adani group and there was no cause for concern.

Earlier on Thursday, Israel said it wants Adani Group to continue to invest there, adding that the U.S. allegations were not “problematic” from its perspective.

Also Read: Adani to invest ₹1.3 lakh cr in FY25 across portfolio companies

“We wish Adani and all Indian companies continue to invest in Israel,” Israel’s Ambassador to India Reuven Azar told Reuters in an interview.

The Adani Group holds a 70% stake in Haifa port in northern Israel and is involved in projects with Israeli firms, including manufacturing military drones and commercial semiconductors.

Mr. Adani and seven others are accused by U.S. authorities of being part of a scheme to pay bribes to secure Indian power supply contracts. The Adani Group has denied the allegations.

The Indian ports-to-power conglomerate has also received public backing from Abu Dhabi’s International Holding, which maintained its outlook on investments in the group.

“Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors,” IHC said on Wednesday, adding that it “continues to evaluate relevant information and developments”.

IHC, which is one of Adani’s key foreign investors, boosted its stake in the group’s Adani Enterprises flagship to more than 5% last year after selling down investments in Adani Green Energy and Adani Energy Solutions.

Shares in Adani Green, the company at the centre of the bribery allegations, rose by 10% on Thursday, hitting the cap on gains in a single session for a second consecutive day, with Adani Energy also up the maximum 10%.

The total losses in the value of Adani Group’s 10 listed companies have narrowed to $14.5 billion from about $34 billion, the low reached on Tuesday after the U.S. indictments.

FALLOUT

Global investors say worries of a wider spillover from the Adani allegations will hurt sentiment in India, but not the long-term outlook, as they wager one of the world’s best-performing markets will get back on track next year.

Investors expect a stronger spotlight on governance and disclosure, and perhaps some volatility, but say the affair has not challenged the reasons they are in India in the first place – for exposure to a growing economy and a huge consumer market.

Indian Prime Minister Narendra Modi’s government has not commented on the allegations against the Adani Group and has blocked opposition party demands for a debate on them.

Both houses of India’s parliament were suspended temporarily within minutes of opening on Thursday as opposition lawmakers disrupted proceedings for the third day over the issue.

Many opposition parties accuse Modi and his Bharatiya Janata Party (BJP) of favouring Gautam Adani and blocking investigations against him, charges which both have denied.

The Adani Group, which is among India’s biggest business empires, has been under scrutiny since January 2023 short seller Hindenburg Research accused it of stock manipulation, which the group has denied, and questioned its high debt levels.

Adani Green said on Wednesday that Adani had been charged by U.S. Securities and Exchange Commission (SEC) for alleged violations of securities law and faced potential fines but had not been charged under the U.S. Foreign Corrupt Practices Act.

The civil action launched by the SEC runs in parallel to U.S. federal prosecutors’ indictment against Adani and others.

Repercussions from the indictment have mounted for the Adani Group over the past week, with credit ratings agencies cutting the outlook for some of the listed companies’ bonds.

French oil major TotalEnergies, said on Monday it would not make any more investments in the Adani Group until there was clarity over the allegations and consequences. Total has a 20% stake in Adani Green.

Kenya has scrapped a $2 billion procurement project that was to give Adani control of the country’s main airport and it shelved a 30-year, $736-million public-private partnership, signed by Adani Energy with its energy ministry in October.

Closer to home, Sri Lanka said it would investigate all Adani-related projects in the island nation, while Bangladesh is investigating power generation contracts signed under the previous prime minister, one of which was with Adani Power.



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AI sees growth from domestic, short international flights in 2025: CEO Campbell Wilson

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Air India will see most of the air traffic growth coming from domestic and short-haul international operations in 2025 as more narrow-body planes are joining the fleet and legacy wide-body aircraft will be going for retrofit next year, the airline’s chief Campbell Wilson said on Thursday, November 28, 2024.

The Tata Group-owned airline, which has embarked on a five-year transformation journey, expects to have a fleet of 400 planes by 2027.

Currently, the total fleet strength of Air India Group, including Air India Express, is around 300 aircraft.

Also Read: Air India, Vistara legally merged, says airlines

During a select media briefing, Wilson, who has been at the helm of Air India for more than two years, said the airline group has a domestic market share of around 29% and 55% on the metro to metro routes.

On top 120 domestic routes, the market share is about 40%, he said. According to him, the retrofit of legacy wide-body aircraft will start in early 2025.

“We had hoped to start retrofit of 787s and 777s by now. Unfortunately, the global supply chains in some areas are still recovering and seats in particular are a challenge…

“Once it (retrofit) starts in 2025, we will be doing 3-4 aircraft every month until the full legacy 40 wide-body aircraft are completed,” Mr. Wilson said.

About growth for 2025, he said it will primarily come from domestic and short-haul international flights as most of the aircraft that are coming in are narrow-body ones.

“We are also taking the aircraft for the refit programme. So, the number of wide-body aircraft available will shrink a little bit,” he added.

As part of Tata Group consolidating its airline business, Air India has merged Vistara with itself and AIX Connect has been integrated with Air India Express.

The CEO and MD of Air India noted that there is a delay in getting all 50 white-tail aircraft, which were earlier expected to join the fleet by December this year.

Out of the total 50 white-tail Boeing 737 MAX aircraft, at least 35 have joined the fleet. These planes are being operated by Air India Express.

“50 white tail aircraft, all of them were to come by December this year… They will stretch up to June next year and that in itself has a little bit of impact…,” Mr. Wilson said while responding to a query about delays due to issues at Boeing, including the recent strike.

“It is not clear for how long the impact will be. Six months is reasonable for some aircraft…,” he said.

Generally, white-tail planes are those that were originally manufactured for a particular airline and later taken by another airline.

Meanwhile, there are issues with Air India’s legacy wide-body planes, including complaints about service quality, and operating long haul flights to North America.

Against this backdrop, Mr. Wilson said a lot of efforts are being put in place to address the issues.

“We got an opportunity to lease aircraft. If we had not leased those aircraft, it would have been snapped up by other airlines. Wide-body aircraft is barely available in the industry and delivery of new aircraft has been delayed.

“What it would have meant is that between privatisation and being able to expand the North America network, there would have been a four-five year wait for customers, that is absence of non-stop product from India,” he said.

The retrofit of Air India’s legacy wide-body planes — Boeing 787 and 777s — will start early next year and is expected to be complete by mid-2027.

Responding to relatively low on-time performance in recent times, Wilson said, “Do we wish that things had been smoother for the punctuality part? Of course… the alternative could be not to have flights for a period of four to five years”.

“So, we took the view that there is an opportunity, appetite for growth in the market and that we should take it. On balance, we have taken millions of people on these aircraft. People are happy that the service exists,” he noted.

Further, he added that aircraft were neglected over a long period of time and work has to be done on many things. “Brick by brick we build the wall.”



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Reliance’s U.S. unit buys $12 million stake in helium explorer Wavetech Helium

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File Picture

File Picture
| Photo Credit: Reuters

Reliance Industries’ U.S. unit has bought a 21% stake in U.S.-based helium production company Wavetech Helium for $12 million, the conglomerate said on Thursday (November 28, 2024), in a move aimed at expanding its low-carbon energy segment.

The billionaire Mukesh Ambani-run group, which operates the world’s biggest oil refining complex at Jamnagar in the western Indian state of Gujarat, announced in 2021 investments worth $10 billion to develop its green energy portfolio and achieve its 2035 net zero carbon goal.

Helium gas, a by-product of mining natural gas, is used in several green technologies, as well as in medical applications, scientific research, aerospace and aeronautics, electronics, fibre optics, among others.



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Zee Entertainment shareholders reject proposal to reappoint Punit Goenka as director

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Zee Group Chairman Subhash Chandra’s son Punit Goenka.

Zee Group Chairman Subhash Chandra’s son Punit Goenka.
| Photo Credit: PTI

The shareholders of Zee Entertainment have rejected a proposal for the reappointment of Punit Goenka as director, according to a regulatory filing by the company.

The filing by Zee Entertainment Enterprises Ltd (ZEEL) stated that the resolution for the reappointment of Mr. Goenka was defeated in the annual general meeting (AGM) of the company.

Resolution number three in the AGM, which proposed the reappointment of Mr. Goenka as director, was supported by only 49.54% of the total number of votes cast while 50.4% voted against the resolution.

“Resolution No. 3 [Goenka’s reappointment] failed to get the requisite majority of votes as required under the provisions of the Companies Act, 2013, and SEBI [Listing Obligations and Disclosure Requirements] Regulations, 2015,” ZEEL said.

This is a major setback for Mr. Goenka who is currently the CEO of the company. Several proxy firms had earlier advised the shareholders to vote against resolution number three.

However, the three other resolutions for adopting the financial statement for FY’24, declaring a dividend, and ratification of remuneration to cost auditors were passed.

“Except for resolution number three, all the aforesaid resolutions were passed with requisite majority,” it said.

The Companies Act, 2013, mandates a simple majority of (50% plus one) votes to pass an ordinary resolution at an annual general meeting.

Earlier this month Punit Goenka, had resigned from the post of managing director of ZEEL. However, he continued as CEO of the media and entertainment major. He had also withdrawn himself from reappointment for the said post in the AGM.

While sharing Mr. Goenka’s resignation letter to exchanges last week, Zee Entertainment said he is “withdrawing his consent for his re-appointment as managing director of the company as proposed in the notice of the ensuing annual general meeting”.

On October 18, the board of ZEEL approved the proposal for Mr. Goenka’s reappointment for a five-year term, effective from January 1, 2025, to December 31, 2029.



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Odisha govt. approves industrial projects worth ₹1.36 lakh crore 

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Odisha Chief Minister Mohan Charan Majhi. File photo

Odisha Chief Minister Mohan Charan Majhi. File photo
| Photo Credit: PTI

Ahead of Prime Minister Narendra Modi’s meeting with Chief Minister Mohan Majhi, his cabinet colleagues, MLAs and other leaders, the State government has approved project proposals that entails an investment to the tune of ₹1,36,622.24 across 20 transformative industrial projects.

The High Level Clearance Authority (HLCA) under chairmanship of Mr. Majhi gave go ahead to these projects, spanning across diverse sectors such as steel, chemicals, green energy and textiles, which are poised to generate employment for over 74,350 individuals and significantly bolster Odisha’s economic growth, said the State government in a statement.

Also read: Mohan Majhi government in Odisha changes names of 21 schemes

“Odisha is the premier investment destination in eastern India, as demonstrated by the success of the Utkarsh Odisha roadshows held in Delhi, Mumbai, and Singapore. Under leadership of CM Mr. Majhi, the State has successfully attracted significant investor interest,” it said.

According to Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL), “in just six months since the formation of the new government in June 2024, over 1.1 lakh jobs will be created through 73 industrial projects, collectively attracting investments exceeding ₹1,80,000 crore.”

“Through strong cooperation between the State and Central governments, we have fostered a business-friendly environment that attracts investors to Odisha. Our focus is on creating an ecosystem that promotes inclusive growth, sustainability, and job creation,” said CM Mr. Majhi in a statement.

The projects by approved are in nine sectors including steel, chemicals, aluminium, aviation fuel, green energy and equipment, apparel and textiles, power and renewable energy and cement.

These projects are strategically distributed across 10 districts of Odisha Such as, Jajpur, Jharsuguda, Khordha, Sambalpur, Ganjam, Kalahandi, Malkangiri, Dhenkanal, Bhadrak and Jagatsinghpur.

The bulk of the investment approved by HLCA will come from Tata Group which proposed to expand of its integrated steel plant capacity from 0.98 MTPA to 9.50 MTPA at Neelachal Ispat Nigam Limited with an estimate investment of ₹61,769 crore in Jajpur district.

The Bharat Coal Gasification and Chemicals Limited, a central public sector unit, will manufacture ammonium nitrate plant from high ash coal with annual capacity of 6,60,000 metric tonnes. It CPSU will invest ₹11,782 crore in Jharsuguda.

Similarly, Hindalco Industries Limited will expand its aluminium smelter capacity from 0.38 million tonne per annum to 0.68 mtpa at an estimated investment ₹10,645 crore in Sambalpur.

As PM Mr. Modi will spend close to two hours in party office on Friday, approval of series of investment proposals has come in in the nick of time.



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Odisha’s 26 villages get recognition as ‘Tsunami Ready’ by Intergovernmental Oceanographic Commission of UNESCO

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Villagers leave a tsunami warning centre after attending a mock drill to prepare against tsunami, ahead of the 20th anniversary of the Indian Ocean tsunami, in Kaitha village in Kendrapara district in the eastern state of Odisha on December 21, 2024.

Villagers leave a tsunami warning centre after attending a mock drill to prepare against tsunami, ahead of the 20th anniversary of the Indian Ocean tsunami, in Kaitha village in Kendrapara district in the eastern state of Odisha on December 21, 2024.
| Photo Credit: Reuters

In Odisha, six districts comprising 24 villages, along with two previously recognised villages, making a total of 26 villages, have been recognized as “Tsunami Ready” by the Intergovernmental Oceanographic Commission of UNESCO (IOC-UNESCO), said a press statement on Saturday (December 21, 2024).

The recognition was based on 12 specific indicators, achieved through a series of well-planned activities aimed at building resilience against tsunamis. These activities included —Training and Capacity Building, Community Awareness Programs, Distribution of Tsunami Awareness Materials, Preparation of Tsunami Management Plans, Conducting Mock Drills, Identifying Evacuation Routes, and Installation of Tsunami Hoardings and Signages.

The Indian National Centre for Ocean Information Services (INCOIS), Hyderabad, played a pivotal role in this initiative. INCOIS operates a 24-hour tsunami monitoring and alert system that encompasses everything from risk assessment to the dissemination of warnings, ensuring timely and effective action. The preparedness activities in Odisha have drawn national and international attention.

A live evacuation simulation was conducted at Kaitha village in Kendrapara district, in the presence of Dr. T. Sinanivasa Kumar from UNESCO, Dr. Sunitha Jena General Manager OSDAMA, and Amlan Anupam Senapati Dist project officer involving active participation from community members.

Volunteers evacuate a man playing a mock victim during a mock drill to prepare against tsunami in Kendrapara district in the eastern state of Odisha on December 21, 2024.

Volunteers evacuate a man playing a mock victim during a mock drill to prepare against tsunami in Kendrapara district in the eastern state of Odisha on December 21, 2024.
| Photo Credit:
Reuters

Interactions with local leaders and residents provided valuable insights into their preparedness journey, which has now become a model for coastal safety. Odisha’s recognition as “Tsunami Ready” showcases a successful collaboration between India’s National Tsunami Warning Centre, local authorities, and coastal communities.

It serves as a shining example of how proactive measures can save lives and build disaster-resilient communities.



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अल्लू अर्जुन के घर पर हुआ घातक हमला, ‘पुष्पाभाऊ’ के पिता ने तोड़ी चुप्पी, ‘कानून अपना काम करेगा’Brazil plane crash: At least 10 killed; several people on ground injuredOnly 12 trucks delivered food, water in northern Gaza since October: Oxfam5 Google Maps uses That will Make Your Life Easier | Google Maps का इस्तेमाल करना जानते ही नहीं लोग, ढंग से करें यूज तो फायदा ही फायदाTrump taps ex-Treasury official Miran as chair of Council of Economic Advisers'पुष्पा 2' पर भारी पड़ी ये 50 करोड़ी फिल्म, ओपनिंग डे पर दे डाली पटखनी, लाखों में सिमटी 'वनवास'Aadhaar update deadline extended but not all information can be updated for free | Aadhaar अपडेट की डेडलाइन फिर बढ़ी, लेकिन हर जानकारी नहीं कर सकते फ्री में अपडेट | Hindi news, टेक न्‍यूजTrump picks billionaire Stephen Feinberg to be Deputy Defense Secretary'मैं दोनों फिल्में लिख रहा हूं', '3 इडियट्स' और 'मुन्ना भाई' का आएगा सीक्वल, विधु विनोद चोपड़ा ने किया खुलासाWinter is hitting Gaza and many Palestinians have little protection from the coldRussia captures two villages in Ukraine as Moscow's forces advance on two citiesindian railway IRCTC is bringing Super App you will be able to do these things on this app |IRCTC ला रहा है 'सुपर ऐप': ट्रेन टिकट बुक करने के अलावा आप इस ऐप पर कर सकेंगे ये काम | Hindi news, टेक न्‍यूजरणबीर कपूर ने रिजेक्ट की थी दीपिका पादुकोण की फिल्म, 54 साल के एक्टर के लगी हाथ, ट्रेलर ने कायम किया था रिकॉर्डNara Devaansh sets world record in chess categoryCommercial fodder farming to be allowed in 350 acres of govt. land along Godavari river, says Labour MinisterBandi Sanjay urges CM not to send wrong signals to film industryOnePlus 13 launch date announced expected features and more in hindi | OnePlus 13 लॉन्च की तारीख आई सामने, चेक करें संभाव‍ित फीचर्स और बहुत कुछ | Hindi News, टेक न्‍यूजजब विलेन बन ऋषि कपूर ने हीरो को दिखाई धौंस, थिएटर्स में दंग रह गई थी ऑडियंसRima Das continues her solitary pursuit with Village Rockstars sequelKTR says farmers shortchanged, alleges Congress missteps on investment support