Equity indices trade firm, auto stocks surge

Agencies
March 1, 2021

West Coast Paper Mills shares rally 13% on decision to acquire stake in  International Paper - cnbctv18.com

Mumbai, Mar 1: Equity benchmark indices traded firm during early hours on Monday on the back upbeat global sentiment and India getting technically out of recession with Q3 GDP data showing 0.4 per cent growth.

At 10:15 am, the BSE S&P Sensex was up by 735 points or 1.5 per cent at 49,806 while the Nifty 50 edged higher by 210 points or 1.45 per cent to 14,739.

All sectoral indices at the National Stock Exchange were in the green with Nifty auto up by 2.2 per cent, financial service by 2 per cent, private bank by 1.8 per cent and IT by 1.5 per cent.
Among stocks, Hero MotoCorp surged by 3.7 per cent to Rs 3,334.40 per share and Mahindra & Mahindra by 3.5 per cent to Rs 835.30.

Power Grid Corporation ticked up by 3.5 per cent, ONGC by 3.3 per cent and Titan by 2.9 per cent. However, Bharti Airtel fell by 2.3 per cent, SBI Life by 0.6 per cent and Hindalco by 0.5 per cent.

Meanwhile, Asian shares rallied as some semblance of calm returned to bond markets after last week's ride. Progress in the huge US stimulus package underpinned optimism about the global economy also sent oil prices higher.

MSCI's broadest index of Asia Pacific shares outside Japan edged up by 0.8 per cent. Japan's Nikkei rallied by 2.1 per cent while Chinese blue chips added 0.5 per cent.

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News Network
February 11,2025

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Dubai: The Consulate General of India in Dubai recently awarded Aim India Forum with an appreciation award in recognition of its significant contributions to the Indian community in the UAE.

In September 2024, the UAE government launched an amnesty initiative aimed at promoting respect for the law, tolerance, compassion, and social cohesion. This initiative allowed individuals who chose to leave the country during the amnesty period to do so without facing overstay fines, exit fees, or entry bans, while retaining the right to re-enter the UAE at any time.

Aim India Forum was invited to collaborate with the Indian Consulate during this amnesty period. Our Founder President, Shirali Shaikh Muzaffer, accepted the invitation and dedicated four months to this important initiative. Alongside other community organizations, including DUBAI KMCC, IPF UAE, FOI UAE, and others, Aim India Forum worked tirelessly to support fellow Indian nationals in need.

His Excellency Satish Kumar Sivan, Consul General of India, acknowledged and congratulated Founder President Shaikh Muzaffer and Board Member Mohammed Niyaz for their unwavering dedication and efforts throughout this project.

The Aim India Forum played a pivotal role in the safe repatriation of distressed and stranded Indian citizens in the UAE. An amnesty help desk was set up at the Indian Consulate to assist those seeking amnesty. This desk offered a range of services at no cost, including Emergency Certificates (one-way travel documents), labor cancellation, case clearance, and the issuance of exit permits/outpasses. Through these efforts, the Consulate General of India in Dubai successfully assisted 15,000 Indian nationals.

In partnership with various Indian diaspora organizations, CGI Dubai facilitated the issuance of 2,117 passports, 3,589 emergency certificates, and supported the acquisition of over 3,700 exit permits. Many individuals also benefitted from our guidance in securing fee and penalty waivers from UAE authorities.

As this operation concludes, we extend our deepest gratitude to the UAE Government for its unwavering support. We also wish to express our sincere thanks to the dedicated volunteers from diaspora organizations who played an instrumental role in the success of this initiative.

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coastaldigest.com news network
February 14,2025

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In a tragic turn of events, a non-resident Indian from Beltangady taluk in Dakshina Kannada, who was eagerly anticipating his return home, passed away in Saudi Arabia just hours before his scheduled journey back. The news has left his family, friends, and the entire community in deep mourning.

A Final Call Filled with Joy and Excitement

On Thursday, February 13, brimming with excitement and joy, Hidayath called his dear friend Rafiq, asking him to pick him up from Mangaluru International Airport on Friday morning. The anticipation of reuniting with loved ones after a long time was palpable in his voice. He was set to depart from Jeddah on a 10:30 pm flight, with a promise of a new dawn back home.

A Sudden Turn of Fate

However, fate had a different plan. Upon reaching Jeddah Airport, an unexpected chest pain struck Hidayath. Despite being rushed to a nearby hospital, the efforts to save him were in vain. The joyful anticipation of his return turned into an incomprehensible loss.

A Man of Talent and Dreams

Hidayath, known for his melodious singing, had initially moved to Bahrain for work before relocating to Saudi Arabia, where he worked for a cargo company. His journey was fueled by dreams and aspirations, driven by the hope of a better future for his family.

An Irreplaceable Loss

He leaves behind his grieving father Abdul Raqaq, his loving mother Shamshir Banu, his devoted wife Reshma, one son, three daughters, and countless family members and friends who cherished him. The void left by his absence is indescribable and his memories will forever be etched in their hearts.

Bringing Him Home

Efforts are underway to bring Hidayath’s mortal remains back to his hometown. His childhood friend and SDPI district secretary, Akbar Beltangady, is coordinating with authorities to ensure he makes his final journey back to the land he loved, where his loved ones await to bid him a final farewell.

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News Network
February 5,2025

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Mangaluru: In a heartfelt farewell, the Govt Muslim Residential School near Deralakatte bid an emotional goodbye to Manjunath Bhat, a mathematics teacher who dedicated 29 years of his life to shaping young minds. The event, held on Monday, was organized by the school and its alumni association as Bhat prepares to retire in March.

Poornima, district officer from the minority welfare department, praised Bhat’s unwavering commitment. “Serving at the same institution for 29 years is no small feat. It speaks volumes about his dedication,” she remarked.

His colleague, Mohammed Haneef, reflected on Bhat’s exemplary service. “Teaching Muslim children for nearly three decades, he never faced a single complaint. He is truly a model teacher. Post-retirement, he plans to take up farming in his village,” he shared.

Mohammed Anwar AS, president of the alumni association and professor at Yenepoya Medical College, expressed deep gratitude. “No matter how far we go, we must always remember our teachers. I owe my success, in part, to educators like Manjunath Bhat,” he said, recalling cherished memories from his school days.

Overwhelmed with emotion, Bhat addressed the gathering, saying, “I never expected such a grand farewell. My bond with my students is unbreakable, and this event is a testament to the strength of that connection.”

The farewell was presided over by school principal Umarabba, who lauded Bhat’s dedication. “He has been a pillar of this institution, recognized as a model teacher who served with diligence, regardless of the challenges faced,” he noted.

The celebration saw alumni and dignitaries honouring Bhat with valuable gifts, including a gold ring. His wife, Sahana, and children, Srivatsa and Sindhoora, stood by his side as he was showered with love and appreciation—an unforgettable tribute to a teacher whose legacy will live on in the hearts of his students.

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