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Time of India
10 hours ago
- Business
- Time of India
Tsunami waves slam Japan's Hokkaido and Russia's Kuril Islands after massive 8.8 quake off Kamchatka; Hawaii, Alaska on high alert
Tsunami waves struck Japan's northern island of Hokkaido and Russia's Kuril Islands following a powerful 8.8-magnitude earthquake that rocked the seafloor off the coast of Russia's Kamchatka Peninsula early Wednesday (July 30). Waves measuring up to 12 feet are now threatening coastal communities across Japan, Hawaii, and Alaska, as tsunami warnings ripple across the Pacific Rim, triggering mass evacuations and widespread emergency alerts. The US Embassy in Tokyo has been ordered to evacuate as a precaution, while authorities in multiple countries remain on high alert. 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At least four whales were spotted unusually close to shore along Japan's eastern coastline. First tsunami wave hits Russia's Kuril Islands The undersea quake, which struck at 8:25 am local time, had its epicenter approximately 119 kilometers southeast of Petropavlovsk-Kamchatsky, a city of nearly 180,000 residents. According to the US Geological Survey (USGS), it originated at a shallow depth of 20.7 kilometers (13 miles), a profile that is known to be especially conducive to tsunami generation. Live Events Just minutes after the quake, the first tsunami wave hit Russia's Kuril Islands, flooding a fish processing facility and other low-lying buildings in Severo-Kurilsk, officials confirmed. Local authorities successfully evacuated residents to higher ground, and no fatalities have been reported so far. In Petropavlovsk-Kamchatsky, buildings suffered structural damage, and widespread power and cellular outages were reported. Regional health officials stated that several people sought medical attention, including one person who sustained minor injuries after leaping from a second-story window in panic during the quake. Hawaii, Japan, and the US West Coast brace for impact Tsunami sirens blared across Hawaii Tuesday night as officials urged coastal residents to evacuate to higher ground or seek shelter on upper floors of sturdy buildings. The Pacific Tsunami Warning Center warned: 'Urgent action should be taken to protect lives and property.' In Japan, tsunami waves measuring 40 centimeters (1.3 feet) were already observed in Tokachi, Hokkaido, with officials warning that much larger waves, up to 3.5 meters (12 feet), could follow. Transportation disruptions were immediate: Sendai Airport closed its runway, and ferry and train services were suspended in northern areas. At the Fukushima Daiichi nuclear plant, officials said that 4,000 workers evacuated to higher ground as a precaution. No anomalies or safety issues have been reported at any nuclear sites. Tsunami alerts ripple across the Pacific Tsunami alerts and advisories have now been issued for Alaska's Aleutian Islands, the US West Coast, British Columbia, the Philippines, New Zealand, Guam, Chile, and Ecuador. The Oregon Department of Emergency Management warned that waves between 1 and 2 feet were expected to reach its coast around 11:40 pm local time. While not classified as a major tsunami, officials cautioned: 'Dangerous currents and strong waves may pose a risk to those near the water.' In New Zealand, the National Emergency Management Agency urged the public to stay clear of coastal areas due to 'strong and unusual currents and unpredictable surges.' Region on edge amid ongoing aftershocks Russia's Geophysical Survey labeled this the strongest quake to hit Kamchatka since 1952, when a magnitude-9.0 earthquake sent deadly waves into the Hawaiian Islands. Multiple aftershocks have been recorded in the region, the most powerful measuring 6.9, and geologists warn that more could follow. This event is another grim reminder of the seismic volatility of the Pacific Ring of Fire, where tectonic plates converge and where the majority of the world's largest earthquakes and volcanic eruptions occur. Authorities across affected regions continue to monitor wave patterns and aftershock activity. Officials stress that tsunami waves can arrive in multiple surges over several hours, and residents are urged to remain on high alert and strictly follow all local evacuation and safety directives.
Time of India
18 hours ago
- Business
- Time of India
Did Tom Cruise just confirm dating rumors with Ana de Armas? Here's what they did during their romantic Vermont getaway
It appears that the secret has been revealed and it was written with hand-holding. After months of rumors, Tom Cruise and Ana de Armas may have finally confirmed what fans have long suspected. The Hollywood A-listers were seen getting cozy during a romantic getaway to small-town Vermont, and their PDA did all the talking. What happened during their Vermont getaway? 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There, the two held hands as they strolled through the charming streets, confirming their long-rumored romance. In Woodstock, the two stars were photographed holding hands while shopping and sharing ice cream. Their intimate outing comes after months of rumors and shared travels, which include a Valentine's Day date in Madrid and a Spanish getaway. TMZ claims that the actress from Ballerina and the Mission Impossible star went shopping, stopped for ice cream, and drove through a national park hand in hand. Live Events In Tom's opinion, this is a clear indication of PDA. The actor has infamously kept his dating life private since splitting from Katie Holmes in 2012. Tom and Ana have been the subject of dating rumors for a large portion of this year. They have been seen together multiple times around the world, and their first handshake appears to be the confirmation that fans have been waiting for. After months of apparent dates, there is a subtle PDA. Since going out together on Valentine's Day in Madrid, Tom and Ana have visited London several times, including once when Tom flew the Knives Out alum there in a helicopter, and once took advantage of a sun-filled vacation on the Spanish island of Menorca, as per a report by E! Online. What kinds of things are they working on together? The two aren't just in love; they're also working together on a lot of projects behind the scenes. Ana recently teased on Good Morning America in May that she and Tom are working on several projects, including the upcoming action movie Deeper, which will be directed by Doug Liman and Christopher McQuarrie. She said, "It's so much fun." 'Not just one, but a few projects... and I'm so excited.' That same day, Cruise couldn't stop talking about how great Ana was in Ballerina, the John Wick spinoff where she stars with Keanu Reeves. "I just saw the movie, and it's awesome!" Tom went on and on about Mission: Impossible – The Final Reckoning when it premiered in London. Ana, clearly moved, said it was "surreal" to get such high praise from someone she sees as a legend in the field. ALSO READ: Top Blackstone executive killed in NYC shooting was a trailblazer and mom of 2 How serious are these two new Hollywood stars? Cruise and de Armas are clearly enjoying each other's company, both personally and professionally, even though they're trying to keep things low-key. And even though Tom has a history of keeping his relationships private, fans are curious about what's next now that Ana is becoming more involved in his life. ALSO READ : Minnesota Cyber Crisis: Gov. Tim Walz deploys National Guard after massive St. Paul hack cripples city systems FAQs While not formally announced, their public handholding in Vermont almost confirms it. How long have Tom and Ana been spending time together? They've been spotted together all over the world since February, including in London, Madrid, and Menorca.
Time of India
a day ago
- Business
- Time of India
Aditya Infotech IPO opens for subscription. Should you apply?
The Rs 1,300 crore initial public offering (IPO) of Aditya Infotech Ltd. opened for subscription today, July 29, and will remain open until July 31. The company, a technology solutions provider specializing in security surveillance and enterprise communication systems, has fixed a price band of Rs 640–675 per share. The issue is entirely a fresh offer of 1.93 crore shares and will be listed on both BSE and NSE. Aditya Infotech IPO GMP Explore courses from Top Institutes in Please select course: Select a Course Category Leadership Finance Data Science Product Management others Data Analytics healthcare CXO MBA MCA Management Operations Management Others Healthcare Technology Project Management Artificial Intelligence Data Science Public Policy PGDM Design Thinking Digital Marketing Cybersecurity Degree Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Are you Smarter than Average? Test Now! Try Now Undo The grey market premium (GMP) for the IPO was hovering around Rs 40–45 at the time of opening, indicating mild listing gains. However, the final response will hinge on institutional investor demand and broader market conditions. Business Overview and Financials Aditya Infotech is a leading value-added distributor (VAD) in India for electronic security equipment. The company partners with global brands like Dahua, Seagate, TP-Link, Panasonic , and others, distributing across 650+ cities with over 15,000 channel partners. Its portfolio includes video surveillance products, access control systems, and networking solutions—catering to government, corporates, and SMEs. Live Events Between FY22 and FY24, the company's revenue grew at a CAGR of 24%, from Rs 2,090 crore to Rs 3,212 crore. PAT grew from Rs 102 crore in FY22 to Rs 210 crore in FY24. EBITDA margins improved slightly from 9.6% to 10.7% over the same period. However, analysts note that the business remains working capital intensive and exposed to global supply chain risks. Valuation and Recommendation At the upper price band of Rs 675, Aditya Infotech is valued at a P/E of 36.2x on FY24 earnings, which is at a premium to industry peers like Redington and Ingram Micro. The IPO aims to raise funds primarily for working capital needs (Rs 600 crore), with the rest for general corporate purposes. Brokerage firm Bajaj Broking has rated the IPO as 'Subscribe with Caution'. While acknowledging the company's strong brand partnerships, consistent growth, and deep distribution network, the note flags its high valuation and moderate return ratios (RoE 22%, RoCE 20%) as concerns. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
2 days ago
- Business
- Time of India
Stock market update: Nifty IT index falls 0.71%
NEW DELHI: The Nifty IT index closed on a negative note on Monday. Shares of MphasiS Ltd.(up 3.01 per cent), Coforge Ltd.(up 2.13 per cent), Oracle Financial Services Software Ltd.(up 0.84 per cent) and Infosys Ltd.(up 0.02 per cent) ended the day as top gainers in the pack. Explore courses from Top Institutes in Please select course: Select a Course Category Leadership Artificial Intelligence Product Management healthcare Digital Marketing Design Thinking Others Finance Technology Public Policy Data Analytics CXO Project Management Data Science MBA MCA Operations Management PGDM others Healthcare Management Data Science Degree Cybersecurity Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Dark Truth Nobody Talks About Youtube Undo On the other hand, Wipro Ltd.(down 3.54 per cent), Tata Consultancy Services Ltd.(down 1.81 per cent), HCL Technologies Ltd.(down 1.62 per cent), LTIMindtree Ltd.(down 0.97 per cent) and Tech Mahindra Ltd.(down 0.78 per cent) finished as the top losers of the day. The Nifty IT index closed 0.71 per cent down at 35370.05. Benchmark NSE Nifty50 index ended down 156.1 points at 24680.9, while the BSE Sensex stood down 572.07 points at 80891.02. Live Events Among the 50 stocks in the Nifty index, 16 ended in the green, while 34 closed in the red. Shares of Vodafone Idea, Ola Electric Mobilit, PC Jeweller, Indian Energy Exchg and Suzlon Energy were among the most traded shares on the NSE. Shares of Vimta Labs, Sudarshan Chemical, Times Guaranty, CarTrade Tech and UPL (PP)hit their fresh 52-week highs in today's trade, while Stampede Cap, Future Consumer, Supreme Holdings, Supreme Engineering and Reliance Comm hit their fresh 52-week lows.
Time of India
6 days ago
- Business
- Time of India
Rajya Sabha adjourned for fourth day in row
New Delhi: The Rajya Sabha couldn't function for the fourth day in a row with the opposition members sloganeering inside the house forcing the chair to adjourn the house on two occasions and then for the entire day. The house proceedings started with deputy chairman Harivansh calling nominated member Ujjwal Nikam for oath. Nikam was nominated to the upper house by the President on July 13. Explore courses from Top Institutes in Please select course: Select a Course Category Leadership Data Science others Project Management Technology Artificial Intelligence MBA MCA Management Product Management Others PGDM Data Science Finance healthcare Degree Public Policy Design Thinking Cybersecurity Healthcare Digital Marketing CXO Operations Management Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Post his oath taking, the deputy chairman invited the retiring members for their farewell speech. Six members retired on Thursday all from Tamil Nadu. The list included three members from the DMK and one each from AIADMK , PMK and MDMK. DMK member P Wilson has been renominated in the house. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 most beautiful women in the world Undo Deputy chairman declined around 30 adjournment notices given by the opposition party members demanding discussion on multiple issues including the 'unexpected resignation of Chairman Rajya Sabha, Jagdeep Dhankhar . Harivansh announced the Question Hour, and it is when the opposition members started shouting slogans inside the house. Live Events The house was adjourned till 2 in the afternoon. At 2 PM, the chair Bhubaneswar Kalita tried to run the business of the house but finally had to adjourn it for the entire day amidst opposition protests.
