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India Gazette
13 hours ago
- Politics
- India Gazette
Himachal: CM awards land ownership certificates to 25 Kalpa block residents of Kinnaur district
Shimla (Himachal Pradesh) [India], June 9 (ANI): In a significant step towards recognising and formalising land rights for local communities, Chief Minister Sukhvinder Singh Sukhu has presented 25 beneficiaries from the Kalpa block in Kinnaur district with land ownership certificates in accordance with the Forest Rights Act of 2006. These certificates had been pending for several years. According to a release, the Chief Minister said that land leases have already been allotted to 460 individuals across the state under the Forest Rights Act. Addressing a gathering at Kalpa, he stated that, for the first time in 75 years, Shipki-la was being opened to tourists who can now visit Shipki-la simply by carrying an AADHAR card and token. It will boost the local economy and promote tourism in border areas, thus creating employment opportunities for the youth. He also inaugurated and laid the foundation stones for various development projects worth Rs 48 crore in the Kinnaur Assembly Constituency. The foundation stone of the auditorium at DIET at Reckong-Peo is to cost rupees eight crore, Rajiv Gandhi Sports Complex at Kalpa is to cost Rs 29.88 crore, and the inauguration of the youth hostel at Kalpa, constructed for Rs 10.60 crore, as per the release. Criticising the previous government, he alleged that public funds were misused, which should have instead been spent on the welfare of the farmers, horticulturists, and the last man in the row. He added that large plots of land were handed over to big industrialists at throwaway prices, and huge subsidies were given for electricity. The Una Bulk Drug Park project, for which Rs 50 crore was allocated by the Centre, was returned, as the state government will now take up its work on its own to safeguard state interests, he stated. He claimed that the BJP government received liberal grants of about Rs68,000 crore from the Centre in the form of GST compensation and revenue deficit grants, but 'instead of repaying the debts and clearing the liabilities, it utilised the funds on freebies.' Additionally, about Rs 9,000 crore under the NPS had yet to be released. However, the Congress government has saved Rs 3000 crore by plugging corruption loopholes, the CM said. He said that despite losses worth Rs 10,000 crore due to natural disasters, the Centre has not provided any financial aid. Still, the state government released a special relief package of Rs. 4,500 crore from its resources to assist those affected. The Chief Minister emphasised that his government will make Himachal Pradesh self-reliant by 2027. He also addressed the Vimal Negi case, accusing the opposition of playing politics over it. He assured that the government would stand with the family of Vimal Negi and that the guilty would be brought to justice. Vimal Negi, an engineer with the Himachal Pradesh Power Corporation Limited (HPPCL), went missing on March 10, and his body was recovered from Bhakra Dam in Bilaspur on March 18. He had joined the corporation on June 15, 2024 and was reportedly under stress. The CM announced that under the Indira Gandhi Pyari Behna Sukh Samman Nidhi, women across all blocks of Kinnaur district will be given the benefit in a phased manner. The Chief Minister stated that the government plans to create 25,000 jobs in this financial year and has committed to creating five lakh employment opportunities over five years. Under the Mukhya Mantri Sukh Aashray Yojana, orphaned children have been given the status 'Children of the State', and the government is covering their education expenses. Similarly, the state bears the education expenses of widowed children under the Indira Gandhi Sukh Shiksha Yojana. He announced a new scheme to ensure medical check-ups for seniors above 70 at their doorstep. Additionally, Rs 100 crore is spent to provide modern medical equipment in government medical colleges. The Chief Minister also announced the opening of CBSE-affiliated schools in four blocks of Kinnaur. Further announcements included Rs 10 crore for the sports complex, Rs 10 crore for an indoor stadium, and plans to develop four schools as day-boarding institutions. Revenue, Horticulture and Tribal Development Minister Jagat Singh Negi expressed gratitude to the Chief Minister for launching several developmental works in the Kinnaur constituency. He said the state's overall development was progressing under the Chief Minister's leadership. The Chief Minister announced Rs 10,000 for the local women's team to promote sports among youth and encourage them to avoid substance abuse. The Chief Minister also visited the District Institute of Education and Training (DIET), where he gave Rs 100,000 to five women's groups to assist them in purchasing essentials. He also released the annual magazine 'Narkasang', brought out by the DIET. (ANI)
Hans India
3 days ago
- Business
- Hans India
Bharti Hexacom shares fall 3.5% after Motilal Oswal downgrade
Mumbai: Bharti Hexacom's shares dropped over 3.5 per cent to Rs1,810 on Friday during the intra-day trading session on the National Stock Exchange (NSE), after brokerage firm Motilal Oswal downgraded the stock from a 'Buy' to a 'Neutral' rating and set a target price of Rs1,900. The brokerage said the downgrade was mainly due to the stock's high valuation, which is currently around 40 per cent more expensive than Bharti Airtel. 'Risk-reward no longer attractive; downgrade to Neutral,' said the brokerage. Motilal Oswal believes this makes the risk-reward profile less attractive for investors, even though the company continues to show strong performance and growth through premium services. It expects Bharti Hexacom to become debt-free (excluding lease liabilities) by the financial year 2027. The brokerage also predicts that the company's dividend will rise from Rs10 per share in FY25 to Rs30 per share by FY27. The average revenue per user (ARPU) is expected to go up from Rs242 in FY25 to Rs284 by FY27, supported by a likely tariff hike in December 2025. Beyond FY28, the brokerage expects ARPU to grow at a slower rate of 5.5 per cent annually, while overall revenue and EBITDA growth may settle around 7 per cent. However, the firm added that any significant boost in valuation will depend on ARPU growing faster than expected. Motilal Oswal also flagged some concerns. Bharti Hexacom's operations are concentrated in a few telecom circles, which could limit further growth. Additionally, the government still holds a 15 per cent stake in the company, and this is seen as a risk factor -- especially because the government lacks board representation and had earlier raised objections related to the Indus Towers deal, the brokerage said. The brokerage also mentioned that any potential corporate moves, such as stake sales, could put pressure on the stock's valuation. It further warned that a possible merger with Bharti Airtel could be risky, especially if the share swap ratio turns out to be unfavourable due to Bharti Hexacom's current high valuation. Around 12:45 pm on Friday, Bharti Hexacom was trading at Rs1,810, down about 3.62 per cent or Rs68. The stock has still gained 24 per cent so far this year and has jumped 74 per cent over the past 12 months.
Time of India
18-05-2025
- Business
- Time of India
Kathipara model flyover to come up on Trichy-Madurai NH: Nehru
Trichy: The state govt is working closely with the National Highways Authority of India ( NHAI ) to construct a cloverleaf type flyover on the Trichy-Madurai national highway (NH) to avoid traffic congestion at Panjapur where several new infrastructure including Tidel Park and a new wholesale market are proposed, municipal administration minister K N Nehru informed on Saturday. The minister was in Trichy to lay foundation stones for new projects and commission completed infrastructure in Trichy corporation limits to the tune of 70 crore. "The new flyover proposed at Panjapur will be 3.5km long and shall have six lanes. District administration has surveyed and handed over the land required. The flyover to be built by NHAI will be similar to the Kathipara flyover in Chennai. Simultaneously, work for a four lane semi-ring road between Trichy-Madurai NH and Trichy-Karur NH is progressing," Nehru said. NHAI's official sources acknowledged the development and added that a detailed project report (DPR) for the new flyover is progressing and all viable options including cloverleaf model are explored. Reacting to questions on the status of Maris RoB (Fort Station) and Trichy railway junction RoB (stage II) developments, the minister said that the state govt's scope of works have been completed in both projects, and only Southern Railway has to expedite its scope of work. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 많이 빠진 치아, 인천에서 33만원으로 다시 시작할 수 있습니다 플란치과 더 알아보기 Undo "Metro proposal for Trichy city is still under discussion, a survey will commence soon. The expansion of Trichy corporation by amalgamating nearby village panchayats as a part of pan state proposal is being finalized. Ward delimitation will be taken up, objections to the expansion have been sought," Nehru added. Earlier, the minister laid the foundation stone for phase II of IBT link road at 68 crore. IBT Link Road Phase II: Total length: 2.1km Elevated length: 1.1km From: Woraiyur To: Kudamurutti Width: 10m Cost: Rs68 crore Duration: 1.5 years
Time of India
30-04-2025
- Business
- Time of India
Hacker seeks $80k to release data of biopharma company in Pune
Representative Image PUNE: The Pimpri Chinchwad police's cyber cell is investigating a complaint that said a cybercrook demanded $80,000 (over Rs68 lakh) from a biopharmaceutical company in Hinjewadi in exchange for releasing the data he had hacked and encrypted. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune A senior employee approached police on Monday after the company received a threatening email on April 27. A case under section 308 ( extortion ) of the Bharatiya Nyaya Sanhita (BNS), sections 43 (penalty and compensation for damage to computer, computer system), 66 (computer-related offences), and 72 (penalty for breach of confidentiality and privacy) of the Information and Technology Act has been registered. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If you have a mouse, play this game for 1 minute Navy Quest Undo Police sub-inspector Sagar Poman told TOI that it is a case of ransomware attack . "Prima facie investigations revealed that a cybercrook sent a malicious email to one of the employees and later gained access to a server. There are 15 servers in the company. The hacker got access to all of them." The hacker then started copying the data, Poman said. "By the time the employees realised what was happening, the hacker had copied the entire data, encrypted it, and put a password on it." Poman said the hacker sent emails to company officials seeking $80,000 within three days. "He also threatened that if the company tried to decrypt the data, they would lose it within 24 hours. The cybercrook also said that if the money was not transferred to him, he would sell the data on the dark web." For the last two days, the company's operations have stopped, the police officer said. "We will record statements of about 300 employees." Rohan Nyayadish, director of Digital Task Force, too called it a case of ransomware attack in which data of a company is either stolen or compromised due to un-updated firewalls or online security measures. "Firms must follow security audit norms issued by Central govt on April 1 and they should spend money on insuring their data and research." The cyber criminals steal data or programmes of a company after targeting its servers, Nyayadish further said. "Cyber criminals generally demand ransoms via cryptocurrencies. Companies should not pay it and report the matter to the police; experts can retrieve the data." Advocate and cybercrime expert Gaurav Jachak said ransomware is not just a cyberattack - it is digital extortion, and strong cybersecurity is the only shield. "Such crimes are punishable under the IT Act and the BNS. It is important for victims to quickly report to the cyber police and keep all digital proof safe. People must also know that paying ransom is not the solution - it only encourages criminals. Companies should regularly back up their important data in a mirror image format on multiple devices to stay safe from such attacks."
Time of India
29-04-2025
- Business
- Time of India
Hacker seeks $80,000 to release data of Hinjewadi-based biopharma company in Pune
1 2 3 Pune: Pimpri Chinchwad police's cyber cell is investigating a complaint that said a cybercrook demanded $80,000 (over Rs68 lakh) from a biopharmaceutical company in Hinjewadi in exchange for releasing the data he had hacked and encrypted. A senior employee approached police on Monday after the company received a threatening email on April 27. A case under section 308 ( extortion ) of the Bharatiya Nyaya Sanhita (BNS), sections 43 (penalty and compensation for damage to computer, computer system), 66 (computer-related offences), and 72 (penalty for breach of confidentiality and privacy) of the Information and Technology Act has been registered. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune Police sub-inspector Sagar Poman told TOI that it is a case of ransomware attack . "Prima facie investigations revealed that a cybercrook sent a malicious email to one of the employees and later gained access to a server. There are 15 servers in the company. The hacker got access to all of them." The hacker then started copying the data, Poman said. "By the time the employees realised what was happening, the hacker had copied the entire data, encrypted it, and put a password on it." Poman said the hacker sent emails to company officials seeking $80,000 within three days. "He also threatened that if the company tried to decrypt the data, they would lose it within 24 hours. The cybercrook also said that if the money was not transferred to him, he would sell the data on the dark web." For the last two days, the company's operations have stopped, the police officer said. "We will record statements of about 300 employees." Rohan Nyayadish, director of Digital Task Force, too called it a case of ransomware attack in which data of a company is either stolen or compromised due to un-updated firewalls or online security measures. "Firms must follow security audit norms issued by Central govt on April 1 and they should spend money on insuring their data and research." The cyber criminals steal data or programmes of a company after targeting its servers, Nyayadish further said. "Cyber criminals generally demand ransoms via cryptocurrencies. Companies should not pay it and report the matter to the police; experts can retrieve the data." Advocate and cybercrime expert Gaurav Jachak said ransomware is not just a cyberattack — it is digital extortion, and strong cybersecurity is the only shield. "Such crimes are punishable under the IT Act and the BNS. It is important for victims to quickly report to the cyber police and keep all digital proof safe. People must also know that paying ransom is not the solution — it only encourages criminals. Companies should regularly back up their important data in a mirror image format on multiple devices to stay safe from such attacks."
