Latest news with #Alto
News18
13 hours ago
- News18
HP: Man gets 10-year rigorous imprisonment for smuggling charas
Last Updated: Bilaspur (HP), Jul 23 (PTI) A man from Chamba district has been sentenced to 10-year rigorous imprisonment and Rs 1 lakh fine in a charas smuggling case, a police official said on Wednesday. Mohit Bansal, Special Sub Judge of Bilaspur court, has pronounced Dinesh Kumar, son of Bhagat Ram from Shukra village in Chamba district, guilty in the 2023 case, the official said. He added that if the fine is not paid, the accused would have to serve an additional year in jail. According to the official, the case dated back to April 11, 2023, when a team of officers from the Sadar police station was conducting a routine check of vehicles at Lakhanpur. At around 2.30 pm, they signalled a white Alto car arriving from Bilaspur to stop. Growing suspicious of the driver's nervousness and over his inability to give clear answers when asked for documents, the police searched the car in the presence of three independent witnesses. They found a green carry bag under the driver's seat, inside which were 1.986 kilograms of charas wrapped in three plastic packets fastened with tapes. The case, pleaded by Additional District Prosecutor Abhay Gupta, proved Dinesh Kumar guilty by presenting thorough evidence as well as 16 witnesses, which subsequently led to his conviction. PTI COR BPL RUK RUK view comments First Published: July 23, 2025, 15:30 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.
Business Wire
a day ago
- Business
- Business Wire
Rosen Law Firm Urges Alto Neuroscience, Inc. (NYSE: ANRO) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of common stock of Alto Neuroscience, Inc. (NYSE: ANRO): (i) pursuant and/or traceable to Alto's initial public offering conducted on or about February 2, 2024 (the 'IPO'); and/or (ii) securities between February 2, 2024 and October 22, 2024. Alto describes itself as a 'clinical-stage biopharmaceutical company in the U.S.' For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that Alto Neuroscience, Inc. (NYSE: ANRO) Misled Investors Regarding its Business Operations. According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements regarding Alto's business, operations, and prospects. Specifically, the offering documents and defendants made false and/or misleading statements and/or failed to disclose that: (1) ALTO-100 was less effective in treating major depressive disorder ('MDD') than defendants had led investors to believe; (2) accordingly, ALTO-100's clinical, regulatory, and commercial prospects were overstated; (3) as a result, Alto's business and/or financial prospects were overstated; and (4) as a result, Alto's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. What Now: You may be eligible to participate in the class action against Alto Neuroscience, Inc. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by September 19, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does. Rosen Law Firm is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $1 billion for shareholders. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome.
Time of India
5 days ago
- Automotive
- Time of India
India's CAFE norms penalise small cars: Study
Kolkata: A study by the Indian arm of Nomura Research Institute, the largest economic research and consulting firm in Japan, has said that India's policy on fuel efficiency norms for new cars penalises small ones with disproportionately stringent CO2 targets. India's Corporate Average Fuel Efficiency (CAFE) norm's linear weight-based approach is also different from the graded regulations in other major car manufacturing countries, where smaller lightweight cars have relaxed emission norms. "Globally, all major automotive markets including the US, China, Japan, Korea, and Europe offer regulatory protection to small cars under their CAFE frameworks due to their environmental and socio-economic value," the Nomura researchers said. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata Maruti Suzuki has the biggest portfolio of small cars, with 10 models including Alto, Celerio, Wagon R, Swift, Dzire, Eeco and Fronx that weigh less than 1,000 kg and make up 65% of the domestic volumes for the company. Other automakers that have cars under 1 tonne are Renault (Kwid and Kiger), Tata Motors (Punch, Tiago and Altroz), Toyota (Glanza), Hyundai (Exter and i10 Nios), Citroen (C3) and Nissan (Magnite). CAFE norms are set to get more stringent in 2027 and could push compliance costs of small cars beyond affordable levels. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo Since the introduction of CAFE norms, prices of small cars have shot up due to the need for automakers to invest in technologies that improve fuel efficiency and reduce emissions. Sales of small cars (priced up to Rs 5 lakh) have fallen by 35% per year (compounded annual rate) between 2016-17 and 2024-25.
Hans India
7 days ago
- Hans India
Fatal Traffic Accident In Nashik Claims Seven Lives Including Toddler
A devastating traffic accident in Maharashtra's Nashik district has claimed seven lives, including that of a 2-year-old child, following a collision between a car and motorcycle during late Wednesday evening hours. The tragic incident occurred when a Maruti Alto collided with a motorcycle in the Dindori area, causing the car to overturn and plunge into a roadside drainage channel. The seven fatalities comprised three women, three men, and one child—all occupants of the car. Two individuals riding the motorcycle sustained injuries in the crash. The victims had been returning to their village following a birthday celebration in Nashik when the accident occurred around midnight. According to initial reports, the Alto vehicle fell into the drain following the collision impact. All seven car passengers tragically drowned after becoming trapped inside the submerged vehicle. Unable to escape from the waterlogged car, the victims are believed to have succumbed to drowning as water entered their respiratory systems. The deceased individuals have been identified as Devidas Pandit Gangurde (28), Manisha Devidas Gangurde (23), Bhavesh Devidas Gangurde (2), Uttam Eknath Jadhav (42), Alka Uttam Jadhav (38), Dattatreya Namdev Waghmare (45), and Anusuya Dattatreya Waghmare (40). The Gangurde family lost three members in the tragedy. The two motorcycle riders, Mangesh Yashwant Kurghade (25) and Ajay Jagannath Gond (18), suffered injuries during the collision and are receiving medical treatment at Nashik District Hospital.
NDTV
7 days ago
- Automotive
- NDTV
7 Die As Their Car Collides With Motorcycle In Nashik, Bikers Injured
Nashik: Seven people, including three women, three men, and a two-year-old child, were killed in a road accident in Maharashtra's Nashik on Wednesday when their car collided with a motorcycle. The two individuals on the motorcycle sustained serious injuries. The car, an Alto, overturned into a drain beside the road, filling with water and leading to the drowning of its occupants. The incident occurred around midnight near a nursery close to Dindori town, with the injured now receiving treatment at Nashik District Hospital. According to the police, the car, carrying seven passengers, was returning from a birthday celebration for a relative's son in Nashik city when it collided with a motorcycle, a Yamaha MT-15, carrying two riders. The force of the impact caused the car to veer off the road and overturn into a small canal running parallel to the road. The canal, filled with water, quickly flooded the overturned vehicle. Trapped inside, the occupants were unable to escape, leading to their deaths by drowning. The motorcycle riders, though seriously injured, survived the crash and were rescued from the scene.
