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Mangaluru, Mar 18: A male passenger who had arrived by an international flight was caught smuggling gold by concealing it in the diaper of his 21-month old daughter at the Mangaluru International Airport (MIA) in a recent incident, a customs release here said on Saturday.

The gold, in the form of paste, was kept in pouches inside the diaper. However, it was detected by officials during checking.

In another incident, a male passenger had hidden the gold in paste form and tied it across his waist like a belt. Another person hid gold in paste form in his rectum.

In all, customs officials at the MIA have seized 1,606 gm of gold worth Rs 90.67 lakh from March 1 to 15 this year, the release said. All the three passengers have been arrested and further investigations are on.

Bengaluru, Mar 15: Karnataka Congress President DK Shivakumar today sought the arrest of Praveen Sood, the state's Director General of Police. The Congress leader claimed that the DGP had been protecting the ruling BJP government and filing cases against leaders from his party.

"This DGP is nalayak (useless). Immediately, there should be a case against him. And he should be arrested. The election commission should remove him," Mr Shivakumar said.

"He has finished three years in service. How many days do you want to keep and worship him? He has been filing cases only against Congress. He has registered more than 25 cases against us," he added.

He said that Congress will take action against him if they come back to power. Elections to the 224-member Karnataka assembly are set to be held before May 2023.

The Congress has set a target of winning at least 150 seats in the 224-member Assembly, to come to power in Karnataka, with a clear majority.

While JD(S) has already announced the first list of 93 candidates for Assembly polls, BJP and Congress are yet to announce their list.

New Delhi, Mar 19: Adani Group has suspended work on a Rs 34,900 crore petrochemical project at Mundra in Gujarat as it focuses on resources to consolidate operations and address investor concerns following a damning report by a US-based short seller, sources said.

The group's flagship Adani Enterprises Ltd (AEL) had in 2021 incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd for setting up a greenfield coal-to-PVC plant at Adani Ports and Special Economic Zone (APSEZ) land in Kutch district of Gujarat.

But after Hindenburg Research's January 24 report alleging accounting fraud, stock manipulations and other corporate governance lapses chopped off about $140 billion from the market value of Gautam Adani's empire, the apples-to-airport group is hoping to claw back and calm jittery investors and lenders through a comeback strategy.

The comeback strategy is based on addressing investor concerns around debt by repaying some loans, consolidating operations, and fighting off allegations.

The group has denied all allegations levelled by Hindenburg. As part of this, projects are being re-evaluated based on cashflow and finance available.

And of the projects the group has decided not to pursue for the time being is the 1 million tonne per annum Green PVC project, two sources with knowledge of the matter said.

The group has shot off mails to vendors and suppliers to "suspend all activities" on immediate basis.

In the mails, seen by PTI, the group has asked them to "suspend all activities of the scope of work and performance of all obligations" for Mundra Petrochem Ltd's Green PVC project "till further notice."

This is the following "unforeseen scenario". The management, it said, was "re-evaluating various project/s being implemented at group level in different  business verticals. Based on future cashflow and finance, some of the project/s are being re-evaluated for its continuation and revision in timeline."

Reached for comments, a group spokesperson said AEL will be evaluating the status of growth projects in primary industry vertical over the coming months.

"The balance sheet of each of our independent portfolio companies is very strong. We have industry-leading project development and execution capabilities, strong corporate governance, secure assets, strong cashflows, and our business plan is fully funded. We remain focused on executing our previously outlined strategy to create value for our stakeholders," the spokesperson said.

"AEL will be evaluating the status of growth projects in the primary industry vertical over the coming months".

The unit was to have a poly-vinyl-chloride (PVC) production capacity of 2,000 KTPA (kilo tonne per annum) requiring 3.1 million tonne per annum (MTPA) of coal that was to be imported from Australia, Russia and other countries.

PVC is the world's third-most widely produced synthetic polymer of plastic. It finds wide applications - from flooring, to making sewage pipes and other pipe applications, in insulation on electrical wires, packaging and manufacture of aprons etc.

Adani Group had planned the project as PVC demand in India at around 3.5 MTPA was growing at the rate of 7 per cent year-on-year. With near stagnant domestic production of PVC at 1.4 million tonne, India is dependent on imports to keep pace with the demand.

The Hindenburg report had alleged "brazen stock manipulation and accounting fraud" and use of offshore shell companies to inflate stock prices. The group has denied all Hindenburg allegations, calling them "malicious", "baseless" and a "calculated attack on India".

As part of the comeback strategy, the group has cancelled a Rs 7,000 crore coal plant purchase as well as shelved plans to bid for stake in power trader PTC to conserve expenses. It has repaid some debt and pre-paid some of the finances raised by pledging promoter stake in group companies.