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News18
24-07-2025
- News18
Lady head constable caught red-handed taking bribe in Haryanas Manesar
Gurugram, Jul 24 (PTI) A lady head constable posted at the Women Police Station in Manesar was arrested on Wednesday by the Anti-Corruption Bureau (ACB) while accepting a bribe of Rs 5,000, an official said. The arrested accused, Parmila, had demanded Rs 10,000 from an individual for providing a copy of an agreement regarding a dispute, the ACB official said. The said individual later filed a complaint with the ACB. According to the ACB, the complainant was having a dispute with a woman, and both were called to the Women Police Station for reconciliation. After the settlement, their statements were recorded. However, when the complainant requested a copy of the agreement, Parmila asked for Rs 10,000 in exchange. The ACB, upon receiving the complaint, laid a trap and sent the complainant to Parmila with Rs 5,000 on Wednesday. During the operation, she was caught inside her car in front of the police station premises. Questioning of the woman head constable is underway, the ACB official added. PTI COR AMJ AMJ Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
23-07-2025
- Business
- News18
Brigade Hotel Ventures mobilises Rs 325 crore from anchor investors ahead of IPO
New Delhi, Jul 23 (PTI) Brigade Hotel Ventures Ltd, owner and developer of hotels in south India, on Wednesday raised Rs 325 crore from anchor investors, a day before its initial share-sale opening for public subscription. The anchor book saw participation from investors, including SBI Mutual Fund (MF), 360 One MF, Axis MF, Motilal Oswal MF, Bandhan MF, Edelweiss MF and Nuvama MF, according to a circular uploaded on the BSE's website. As per the circular, Brigade Hotel Ventures has allotted over 3.6 crore equity shares to 17 funds at Rs 90 apiece. This aggregates the capital raising to Rs 324.72 crore. The initial public offering (IPO) is scheduled to open on Thursday and conclude on July 28. The price band has been set at Rs 85 to Rs 90 per share. At the upper end of the price band, the company is valued at over Rs 3,400 crore. Brigade Hotel Ventures' IPO is entirely a fresh issue of equity shares worth Rs 759.6 crore with no offer-for sale (OFS) component. Proceeds from the issue to the tune of Rs 468.14 crore will be used for the payment of debt; Rs 107.52 crore will be utilised for the purchase of an undivided share of land from the promoter, BEL; and the remaining funds will support acquisitions, other strategic initiatives, and general corporate purposes. Earlier this month, Brigade Hotel Ventures raised Rs 126 crore by selling equity shares to 360 ONE Alternates Asset Management. BEL entered into the hospitality business in 2004 with the development of its first hotel, Grand Mercure Bangalore, which commenced operations in 2009. The company has a portfolio of nine operating hotels across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat) with 1,604 keys. The hotels are operated by global marquee hospitality companies such as Marriott, Accor and InterContinental Hotels Group. The company announced that 75 per cent of the offer size has been set aside for qualified institutional buyers, 15 per cent for non-institutional investors and the remaining 10 per cent for retail investors. JM Financial and ICICI Securities are the book-running lead managers to the issue. Shares of the company are expected to list on the bourses on July 31. PTI SP AMJ AMJ (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 24, 2025, 01:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
21-07-2025
- Politics
- News18
Delhi University Teachers Association elections to be held on September 4
New Delhi, Jul 21 (PTI) The Delhi University Teachers' Association (DUTA) will go to polls on September 4 to elect its president and 15 members of the Executive Committee for the 2025–2027 term, as per the election schedule released by the DUTA Election Officer on Monday. According to the schedule, the voting will be held from 10:00 am to 5:00 pm at the Arts Building Complex and Satyakam Bhawan, North Campus, University of Delhi. Counting of votes will commence the same day from 6:00 pm onwards. The last date for membership to be eligible to vote is August 12, by 11:59 pm. The draft electoral roll will be published on August 19 at 5:00 pm, and objections to it can be filed until August 21 at 5:00 pm. The final electoral roll will be released on August 23 at 2:00 pm. Filing of nominations will begin on August 25 and continue on August 26, from 10:00 am to 2:00 pm. Scrutiny of nominations will be conducted on August 26 from 3:00 pm onwards. The last date for withdrawal of nominations is August 27 at noon, and the final list of candidates will be published the same day at 2:00 pm. Nomination forms will be available at the DUTA office or on the official website ( starting at 2:00 pm on August 25. The forms must be submitted in a sealed box kept at the DUTA office after they have been filled out For casting their votes, teachers must carry a valid photo identity card issued by their respective department/college/institution or a DUTA-formatted ID card. Mobile phones will not be allowed inside the polling booths. The entire election process is being overseen by M Thirumal, who has been appointed the Election Officer for DUTA Elections 2025–2027. The election is being closely watched, as it will determine the new leadership at a time when several critical academic and administrative issues are being discussed at the University of Delhi. PTI MHS MHS AMJ AMJ view comments First Published: July 21, 2025, 19:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
03-06-2025
- Business
- News18
Quick Routes Int'l exits Zinka Logistics; pares 9% stake for Rs 672 cr
New Delhi, Jun 3 (PTI) Quick Routes International on Tuesday exited Zinka Logistics Solutions by selling a 9 per cent stake in the company for Rs 672 crore through open market transactions. Zinka Logistics Solutions is the parent entity of logistics unicorn Blackbuck. According to the bulk deal data available on the NSE, Quick Routes International sold more than 1.59 crore shares in two tranches, representing a 9 per cent stake in Zinka Logistics. The shares were offloaded in the price range of Rs 420.06-420.25 apiece, taking the combined transaction value to Rs 671.76 crore. In a separate transaction on the NSE, Peak XV Partners' affiliate Peak XV Partners Investments VI disposed of 12.10 lakh shares in Zinka Logistics Solutions for Rs 53 crore. The shares were sold at an average price of Rs 444.71 per piece, taking the deal size to Rs 53.84 crore. Meanwhile, Abu Dhabi Investment Authority, Massachusetts Institute of Technology, ICICI Prudential Mutual Fund, SBI Mutual Fund and Nomura India acquired a total of 83.87 lakh shares or cumulatively a 4.73 per cent stake in Bengaluru-based Zinka Logistics. Details of the other buyers of Zinka Logistics' shares could not be ascertained on the National Stock Exchange (NSE). In a separate bulk deal on the BSE, private equity firm Accel through its affiliates — Accel India IV (Mauritius) and Accel Growth Fund V — divested a 2.7 per cent stake in Zinka Logistics Solutions for Rs 204 crore through open market transactions. The shares were sold in the price range of Rs 420.04-420.29 per piece, taking the aggregate deal value to Rs 203.78 crore. Details of the other buyers of Zinka Logistics Solutions' shares could not be identified on the exchange. Shares of Zinka Logistics Solutions rose 1.43 per cent to close at Rs 443.75 apiece on the BSE, and it went up by 0.96 per cent to settle at Rs 441.85 per piece on the NSE. PTI HG AMJ AMJ AMJ First Published: June 04, 2025, 02:00 IST
The Print
10-05-2025
- Health
- The Print
India sees improvement in maternal, child health indicators, says 2021 SRS report
The Maternal Mortality Ratio (MMR) has declined by 37 points from 130 per lakh live births in 2014-16 to 93 in 2019-21, the statement mentioned, citing the Sample Registration System (SRS) Report 2021 released by the Registrar General of India (RGI) on Wednesday. New Delhi, May 10 (PTI) India has witnessed a significant improvement in key maternal and child health indicators between 2014 and 2021, according to a Health Ministry statement. The Infant Mortality Rate (IMR) has dropped from 39 per 1000 live births in 2014 to 27 per 1000 live births in 2021. The Neonatal Mortality Rate (NMR) has declined from 26 per 1000 live births in 2014 to 19 per 1000 live births in 2021. Under-Five Mortality Rate (U5MR) has also improved, dropping from 45 in 2014 to 31 per 1000 live births in 2021. The Sex Ratio at Birth also improved between 2014 and 2031, getting better from 899 to 913, respectively. Total Fertility Rate is consistent at 2.0 in 2021, which is a notable progress from 2.3 in 2014. According to the SRS 2021 Report, eight states have already attained the Sustainable Development Goals (SDGs) target of MMR (less than or equal to 70 by 2030). Kerala (20), Maharashtra (38), Telangana (45), Andhra Pradesh (46), Tamil Nadu (49), Jharkhand (51), Gujarat (53), and Karnataka (63) are among the top performers. The Ministry also said that 12 states and UT have already attained SDG target of U5MR (less than 25 by 2030): Kerala (8), Delhi (14), Tamil Nadu (14), Jammu & Kashmir (16), Maharashtra (16), West Bengal (20), Karnataka (21), Punjab (22), Telangana (22), Himachal Pradesh (23), Andhra Pradesh (24) and Gujarat (24). Besides, six states and one UT have already attained the SDG target of NMR (less than 12 by 2030): Kerala (4), Delhi (8), Tamil Nadu (9), Maharashtra (11), Jammu & Kashmir (12) and Himachal Pradesh (12). Further, India's progress in the reduction of maternal and child mortality indicators has outpaced global averages, the Ministry said in its statement. As per the current United Nations Maternal Mortality Estimation Inter-agency Group (UN-MMEIG) Report 2000-2023, India's MMR has reduced by 23 points from 2020 to 2023. By this achievement, MMR of India has now declined by 86 per cent compared to the global reduction of 48 per cent over the past 33 years from 1990 to 2023, the statement said. Significant achievement has been highlighted in the reduction of Child Mortality in India in the United Nations Inter-agency Group for Child Mortality Estimation (UN-IGME) Report 2024. The UN-IGME report said India achieved a 78 per cent decline in the Under-Five Mortality Rate (U5MR), surpassing the global reduction of 61 per cent; 70 per cent decline in the Neonatal Mortality Rate (NMR) compared to 54% globally, and 71 per cent decline in the Infant Mortality Rate (IMR) compared to 58 per cent globally, over the past 33 years from 1990 to 2023. PTI PLB AMJ AMJ This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
