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Time of India
4 days ago
- Time of India
42gm MD seized, drugs trafficked from Mumbai to Bhandara
Nagpur: In a crackdown on an inter-city drug racket, the crime branch's Anti-Narcotics Squad seized 42 grams mephedrone (MD) and assets worth Rs3.06 lakh in Nagpur on Friday. This operation revealed a supply chain funnelling drugs from Mumbai to Bhandara. Tired of too many ads? go ad free now One person was arrested, and a wider network is under investigation. Acting on reliable intelligence, officers laid a trap between 12.15pm and 3pm at Rahul Complex near Bus Stand Road, Ganeshpeth. The team intercepted a suspect on a moped and detained him in the presence of witnesses. The man identified himself as Arpan Manish Goswami, 28, a resident of Raju Nagar, Bela, Bhandara. Upon searching a parcel in his possession, officials found 42 grams MD powder. Along with the drugs, they also seized a weighing scale and the moped used in the transportation — together valued at Rs3,00,600. During interrogation, Goswami confessed that the contraband was transported from Mumbai for street-level distribution in Bhandara. He named three accomplices — Khyber Jafri, Shadab Pathan, and Sadjama — all from Phule Colony, National Highway Road, Bhandara. Authorities booked Goswami under the Narcotic Drugs and Psychotropic Substances (NDPS) Act. He was handed over to Ganeshpeth police for further investigation. A manhunt is underway for the remaining suspects. The operation was executed under the guidance of top city police officials, including police commissioner Ravinder Singal and joint commissioner ND Reddy, as part of Operation Thunder. This seizure underscores the reach of synthetic drug networks beyond metros and into Tier-II cities, highlighting the urgent need for sustained, coordinated enforcement.
India Gazette
5 days ago
- Health
- India Gazette
President Murmu confers National Florence Nightingale Awards to 15 awardees at Rashtrapati Bhavan
New Delhi [India], May 30 (ANI): President Droupadi Murmu conferred the National Florence Nightingale Awards 2025 upon exceptional nursing professionals during a ceremonial event held at Rashtrapati Bhavan on Friday. This year, 15 nurses from various regions and healthcare settings were honoured for their exemplary service in strengthening public health delivery and their unwavering commitment to promoting the welfare of the community. Union Minister of Health and Family Welfare, JP Nadda and Union Ministers of State for Health & Family Welfare, Prataprao Jadhav and Anupriya Patel, were present at the function. Congratulating the awardees, JP Nadda remarked, 'This well-deserved recognition celebrates your dedication to serving humanity and will motivate you to keep making a positive impact.' He further stated that, 'our nurses are the pillars of India's healthcare system, saving countless lives every single day.' The National Florence Nightingale Award, instituted by the Ministry of Health and Family Welfare, honours the dedication, compassion, and resilience that define the nursing profession. These prestigious awards are presented to Registered Nurses, Midwives, Auxiliary Nurse Midwives, and Lady Health Visitors serving across Central and State Governments, Union Territories, and voluntary organisations. Each award includes a Certificate of Merit, a cash prize of Rs1,00,000, and a medal symbolising the nation's gratitude for the invaluable service rendered by these health warriors. The Centre has taken transformative steps to strengthen the nursing and midwifery profession across the country. According to the officials, the recent enactment of the National Nursing and Midwifery Commission Act will mark a significant milestone in modernising nursing education and regulatory frameworks. Additionally, the establishment of 157 nursing colleges co-located with medical colleges will give a filip to building a skilled and competent nursing workforce. These initiatives collectively pave the way for a robust healthcare system, ensuring better health outcomes for all citizens through a well-equipped and empowered nursing workforce. (ANI)
The Sun
6 days ago
- Business
- The Sun
Melaka youths encouraged to venture into O&G's scaffolding sector
ALOR GAJAH: The Zero to Hero Programme encourages Melaka youths to venture into the scaffolding sector within the oil and gas industry to meet the industry's needs, said Chief Minister Datuk Seri Ab Rauf Yusoh. He said this aligns with projections that Malaysia's oil and gas industry will continue to grow at an annual rate of 1.4 per cent until 2030, with a targeted 25 per cent increase in workforce demand each year. 'It is a platform for transformation that provides opportunities for Melaka youths to be equipped with relevant, competent and recognised contributing to the state's economic growth. 'We hope that the state government's initiative through the Melaka Technical and Vocational Education and Training (TVET) Council with an allocation of RM120,000 will benefit the 30 selected youths, who are guaranteed job placement upon completing their training,' he said. He spoke to reporters after today's launch of the Zero to Hero Programme for the Oil and Gas Scaffolding Job Placement at HRSB Holdings Sdn Bhd, Masjid Tanah, here. State Investment, Industries and TVET Development Committee deputy chairman Khaidirah Abu Zahar and HRSB Holdings Sdn Bhd president Datuk Mohd Faizal Mohd Hassim were also present. Meanwhile, Ab Rauf noted that the state government is ready to forge close cooperation with industry players to produce a workforce that meets the industry's needs, as part of its efforts to become a national TVET hub. He stated that it is evident through the collaboration between the Melaka TVET Council and HRSB Holdings Sdn Bhd, via its subsidiary Blitz Training & Consultancy, which has played a key role in delivering quality technical training since 2014. 'As of 2025, a total of 14,000 workers in the scaffolding sector have been successfully trained,' he said. Khaidirah said the two-week training, valued at RM4,00 per person, includes accommodation and meals, adding that this opportunity is open to youths regardless of gender. 'Its impact is significant in creating opportunities for these youths to secure employment or become self-employed, as the market in this field is vast and consistently available,' she added.
The Sun
6 days ago
- Business
- The Sun
Melaka's zero to hero targets oil & gas scaffolding
ALOR GAJAH: The Zero to Hero Programme encourages Melaka youths to venture into the scaffolding sector within the oil and gas industry to meet the industry's needs, said Chief Minister Datuk Seri Ab Rauf Yusoh. He said this aligns with projections that Malaysia's oil and gas industry will continue to grow at an annual rate of 1.4 per cent until 2030, with a targeted 25 per cent increase in workforce demand each year. 'It is a platform for transformation that provides opportunities for Melaka youths to be equipped with relevant, competent and recognised contributing to the state's economic growth. 'We hope that the state government's initiative through the Melaka Technical and Vocational Education and Training (TVET) Council with an allocation of RM120,000 will benefit the 30 selected youths, who are guaranteed job placement upon completing their training,' he said. He spoke to reporters after today's launch of the Zero to Hero Programme for the Oil and Gas Scaffolding Job Placement at HRSB Holdings Sdn Bhd, Masjid Tanah, here. State Investment, Industries and TVET Development Committee deputy chairman Khaidirah Abu Zahar and HRSB Holdings Sdn Bhd president Datuk Mohd Faizal Mohd Hassim were also present. Meanwhile, Ab Rauf noted that the state government is ready to forge close cooperation with industry players to produce a workforce that meets the industry's needs, as part of its efforts to become a national TVET hub. He stated that it is evident through the collaboration between the Melaka TVET Council and HRSB Holdings Sdn Bhd, via its subsidiary Blitz Training & Consultancy, which has played a key role in delivering quality technical training since 2014. 'As of 2025, a total of 14,000 workers in the scaffolding sector have been successfully trained,' he said. Khaidirah said the two-week training, valued at RM4,00 per person, includes accommodation and meals, adding that this opportunity is open to youths regardless of gender. 'Its impact is significant in creating opportunities for these youths to secure employment or become self-employed, as the market in this field is vast and consistently available,' she added.
The Print
26-05-2025
- Business
- The Print
Emerald Finance Reports 246% YoY Surge in Q4 FY25 Net Profit
Mumbai (Maharashtra) [India], May 24: Emerald Finance Limited (BSE: EMERALD), is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, announced its Audited Financial Results for Q4 FY25 and FY25. Q4 FY25 Standalone Financial Highlights – Total Income of Rs 4.60 Cr, YoY growth of 127.45% – EBITDA of Rs 3.60 Cr, YoY growth of 195.44% – Net Profit of Rs 2.16 Cr, YoY growth of 246.21% – Net Profit Margin (%) of 47.03%, YoY growth of 1,613 Bps – EPS of Rs 0.63, YoY growth of 202.42% FY25 Standalone Financial Highlights – Total Income of Rs 13.47 Cr, YoY growth of 81.44% – EBITDA of Rs 10.82 Cr, YoY growth of 113.08% – Net Profit of Rs 6.44 Cr, YoY growth of 114.36% – Net Profit Margin (%) of 47.83%, YoY growth of 735 Bps – EPS of Rs 1.87, YoY growth of 87.16% Q4 FY25 Consolidated Financial Highlights – Total Income of Rs 6.50 Cr, YoY growth of 66.44% – EBITDA of Rs 4.53 Cr, YoY growth of 117.02% – Net Profit of Rs 2.65 Cr, YoY growth of 132.99% – Net Profit Margin (%) of 40.80%, YoY growth of 1,165 Bps – EPS of Rs 0.77, YoY growth of 103.45% FY25 Consolidated Financial Highlights – Total Income of Rs 21.63 Cr, YoY growth of 61.94% – EBITDA of Rs 15.07 Cr, YoY growth of 114.56% – Net Profit of Rs 8.89 Cr, YoY growth of 114.83% – Net Profit Margin (%) of 41.09%, YoY growth of 1,012 Bps – EPS of Rs 2.57, YoY growth of 87.40% Comment on Financial Performance Mr. Sanjay Aggarwal, Managing Director of Emerald Finance Limited said, 'FY25 was a year of strong progress for Emerald Finance, marked by robust financial performance and strategic momentum. The year concluded with a solid Q4, as income grew across interest and fee-based streams, and margins improved on the back of operational efficiency and disciplined cost control. We maintained a Zero NPA throughout the year, underscoring the strength of our credit underwriting and risk management practices. Our EWA platform gained significant traction in Q4, with 62 corporate clients signed during the financial year and onboarded by year-end. This reinforces the increasing relevance of our salary advance solution in today's dynamic workforce environment. We are well-positioned amid India's fintech transformation, driven by rising credit demand, financial inclusion, and digital adoption. Our strategy focuses on retail and MSME lending, digital innovation, and strong partnerships. We aim to scale our EWA platform, expand SME and invoice discounting services, and grow across 200+ cities, targeting 250 corporate partners by March 2026 with our digital-first approach. Backed by experienced leadership and investors, we remain committed to delivering scalable, inclusive financial solutions that meet India's evolving needs.' Q4 FY25 Key Business Highlights of Emerald Finance Limited Fund Raise – Allotted 24 secured, unlisted, unrated, redeemable non-convertible debentures at Rs5,00,000 each, aggregating to Rs1.20 Cr, on a private placement basis. – Allotted 7,65,090 equity shares at Rs131 each (face value Rs10, premium Rs121), increasing fully paid-up equity share capital from Rs33.78 Cr to Rs34.54 Cr. Investors include promoters, Saint Capital Fund (Mauritius), Mr. Rajesh Jain (Founding Partner, KPMG in India & Africa), and Mr. Vishnu Sultania (Advisor to the UN, among India's top 100 CFOs), reinforcing confidence in the company's growth and digital lending strategy. Added New Clients for Early-Wage Access program – Onboarded 20 corporates in Q4 FY25 for Early Wage Access, a salary advance solution that enables employees to access a portion of their earned salary throughout the month, with recovery via salary deduction. (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same) This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.
