Lokesh Kanagaraj’s Humble Explanation Wins Hearts

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Star directors who have recently produced a failure have been known to disagree that the movie is a failure. However, they will undoubtedly not put up with the shortcomings in their film if it becomes a box office hit. In this context, Lokesh Kanagaraj’s name stands out for his grounded character. This is an incident that is currently making people happy.

It seems that Lokesh was at a movie screening and he answered questions about LEO’s accomplishments with poise and composure. In response to a question concerning the film’s weaknesses in the second part, the director said that while there are some dull scenes, everyone will become enthralled when they discover all of the minute details.

Lokesh Kanagaraj’s Humble Explanation Wins Hearts
Lokesh Kanagaraj’s Humble Explanation Wins Hearts

He also mentioned that the audiences will be shocked by the prelude story he wrote for Leo Das. Who else but Lokesh Kanagaraj, after scoring a blockbuster, would genuinely concede that the second half is plodding and full of holes?

While we’re at it, Leo is still working its magic in Tamilnadu and overseas with the Tamil version, and in the first four days of its release on Dasara eve, the Telugu version did remarkably well at the box office.

On this date, MAD will launch on Netflix?

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The highly anticipated young romantic comedy MAD, which debuted recently and starred a talented cast that included Narne Nithin, Sangeeth Shobhan, Ram Nithin, Sri Gouri Priya Reddy, Ananathika Sanilkumar, and Gopikaa Udyan, is making headlines once more.

According to the most recent rumors, this movie will have its world premiere over-the-top on Netflix this Friday, November 3, 2023. However, neither the streaming service nor the creators have yet to release an official statement.

On this date, MAD will launch on Netflix?
On this date, MAD will launch on Netflix

With co-producer Sai Soujanya, MAD, is the first feature film produced by Haarika Suryadevara under Kalyan Shankar’s direction. This film was presented by Naga Vamsi, and Bheems Ceciroleo’s exquisitely composed music only serves to enhance its allure. Watch this space for more fascinating OTT news.

33 trains cancelled, 24 diverted due to Andhra Train Accident

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After the Train Accident between two passenger trains between the Kantakapalle and Alamanada Stations of the Waltair Division, 33 trains have been cancelled, 24 have been diverted, and 11 have been partially cancelled, according to Biswajit Sahu, Chief Public Relations Official, East Coast Railway, Bhubaneshwar.

Train Cancellation:

The October 30, 2023, departure of Train No. 08527 Raipur-Visakhapatnam passenger has been canceled.

Additionally canceled is Train No. 08528 Visakhapatnam-Raipur Passenger, which is scheduled to travel from Visakhapatnam on October 30, 2023.

The 29.10.2023 departure of Train No. 18518 Visakhapatnam-Korba Express from Visakhapatnam is scheduled to be canceled.

The 30 October 2023 departure of Train No. 18517 Korba-Visakhapatnam Express from Korba has been canceled.

The 29.10.2023 departure of Train No. 22810 Visakhapatnam-Paradeep Express from Visakhapatnam is scheduled to be canceled.

The 30 October 2023 departure of Train No. 22809 Paradeep-Visakhapatnam Express from Paradeep has been canceled.

The Rayagada-Visakhapatnam train, number 08503, scheduled to depart on October 30, 2023, has been canceled.

The 30 October 2023 departure of Train No. 08531, Palasa-Visakhapatnam, from Palasa has been canceled.

The 30.10.2023 departure of Train No. 08522 Visakhapatnam-Gunupur from Vishakhapatnam is scheduled to be canceled.

The 30 October 2023 departure of Train No. 08521, Gunupur-Visakhapatnam, is scheduled to be cancelled.

There will be no train 07469 Vizianagaram – Visakhapatnam MEMU Special departing Vizianagaram on October 30, 2023.

Rerouting Trains:

The disaster has been lessened by the rerouting of many trains along different routes. Among the trains impacted are:

On October 28, 2023, train number 03357 Barauni-Coimbatore Special Express left Barauni.

Tata-Ernakulam Express train number 18189, departing Tata on October 29, 2023.

Train 11020 Bhubaneswar-CST Mumbai-Konark Express, scheduled to leave on October 29, 2023, from Bhubaneswar.

On October 29, 2023, train number 12703 Howrah-Secunderabad Falaknuma Express departs from Howrah.

Howrah-SVM Bengaluru Duranto Express, train number 12245, leaving Howrah on October 29, 2023.

On October 29, 2023, train number 22808 MGR Chennai Central-Santagramhi is rerouted to go via Vijayawada, Nagpur, Raipur, Jharsuguda, and Kharagpur.

On October 29, 2023, train number 18046 Hyderabad- Shalimar express from Hyderabad will travel a detour that passes through Vijayawada, Nagpur, Raipur, Jharsuguda, and Kharagpur.

Train 22641 Trivandrum Central- Shalimar express will depart Trivandrum Central on October 28, 2023, although it will take a different route that passes through Vijayawada, Nagpur, Raipur, Jharsuguda, and Kharagpur.

The 28.10.2023 departure of Train No. 12504 Agartala-SMV Bengaluru express from Agartala would take a detour through Vizianagaram, Titlagarh, Raipur, Nagpur, Kazipet, and Vijayawada.

Train No. 18045 Shalimar-Hyderabad East Coast express will travel a detour via Vizianagaram, Titlagarh, Raipur, Nagpur, Kazipet, and Vijayawada when it departs Shalimar on October 29, 2023.

On October 29, 2023, train number 22855 Santragachhi-Tirupati express departing from Santragachhi will travel a detour that passes through Vizianagaram, Titlagarh, Raipur, Nagpur, Kazipet, and Vijayawada.

Train No. 12841 Shalimar-MGR Chennai Central Coromandal express will operate on a modified route via Vizianagaram, Titlagarh, Raipur, Nagpur, Kazipet, and Vijayawada when it departs Shalimar on October 29, 2023.

Train No. 12842 MGR Chennai Central- Shalimar Coromandal express will travel a detour via Vijayawada, Nagpur, Raipur, Jharsuguda, and Kharagpur when it departs MGR Chennai Central on October 29, 2023.

Short-Terminated Trains:

Train No. 20809 Sambalpur-Nanded has been short-terminated at Vizianagaram. It is scheduled to depart Sambalpur on October 29, 2023.

The Puri-Tirupati Express, train number 17479, which was scheduled to depart from Puri on October 29, 2023, has been short-terminated at Balugaon.

Train 07468 Visakhapatnam-Vizianagaram has been short-terminated at Pendurti. It is scheduled to depart Visakhapatnam on October 29, 2023.

The October 28, 2023 departure date of Train No. 11019 CST Mumbai-Bhubaneswar Konark Express has been shortened to Visakhapatnam.

The short route of Train No. 11020 Bhubaneswar-CST Mumbai would start in Visakhapatnam and travel to CST Mumbai from there.

Train No. 22884 Yesvantpur-Puri express, scheduled to depart from Yesvantpur on October 28, 2023, would terminate at Visakhapatnam.

The Tirupati-Bhubaneswar express train, number 22880, will short-term end at Visakhapatnam on October 29, 2023, as it departs Tirupati.

PM Modi and AP CM Jagan Condolences to Train Accident Deaths

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YSR Jagan Mohan Reddy, the chief minister, has given ₹ 10 lakh in financial support for the families of the deceased. Passengers with mild injuries would receive ₹ 50,000, while those with major injuries will receive ₹ 2.5 lakh.

After reviewing the details, Prime Minister Narendra Modi expressed his condolences on the deaths. He declared ₹ 50,000 for the injured and an additional ₹ 2 lakh in aid for the families of those who perished in the collision.

Chief Minister Jagan Mohan Reddy was also addressed by the railway minister. He expressed his astonishment at the disaster and gave the order to make all necessary preparations to guarantee the injured were treated. Mr. Reddy has also periodically asked for updates about the event.

According to the Railways source, the situation is being monitored in the war room of the Delhi Railway Ministry. Helpline numbers for Bhubaneswar ( 0674-2301625, 2301525, 2303069) and Waltair ( 0891-2885914) have been made available by the East Coast Railway.

In a horrifying catastrophe that happened in Odisha over five months ago, three trains and over 280 people perished. The collision on June 2 near the Bahanaga Bazar station included the Bengaluru-Howrah Superfast Express, the Shalimar-Chennai Central Coromandel Express, and a cargo train.

Andhra Train Accident, 13 dead, 14 Injured

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A passenger train on the Howrah-Chennai line overshot the signal and collided with another rail from behind, resulting in 13 deaths and 40 injuries in an Andhra Pradesh train tragedy last evening.

A Vizag-Rayagada passenger rail collided with a special passenger train traveling between Visakhapatnam and Palasa from behind when it was traveling at a reduced pace on the main line between Alamanda and Kantakapalle due to there was no signal.

The locomotive and two coaches of the Visakhapatnam-Rayagada passenger rail, as well as the final three coaches of the Visakhapatnam-Palasa rail, derailed. On one side, a coach rolled over and came to rest on a goods train wagon.

Vizianagaram Collector Nagalakshmi told that there were now 13 deaths, up from nine the previous night. They hope to finish the rescue operations by this morning. Many hospitals are treating at least forty injured people.

22 trains have been diverted and 18 canceled thus far, according to Mr. Biswajit Sahu, PRO, said this morning. He added that the pilot of the Vizag-Rayagada loco, who perished in the collision, could have been at responsible for the collapse. Earlier, railway authorities had suggested that the loco pilot could not have observed the signal.

Images taken at the scene last night showed people running around and the coaches overturning. According to Railway Minister Ashwini Vaishnaw, the site was cleaned before midnight, with the exception of the derailed and damaged coaches.

Young man drowns in Kondakarla Resort’s swimming pool

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A young guy in Kondakarla, Atchutapuram mandal, drowned in the resort’s private swimming pool.

The young guy, named as Sai Verma from Vijayanagar, fell into the swimming pool while intoxicated, according to hotel workers. His remains were sent to the NTR Hospital in Anakapalli.

Police in Atchutapuram have filed a complaint and have begun an investigation.

Elon Musk intends to introduce “XWire,” a news distribution service

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According to reports, Elon Musk intends to introduce XWire, a news distribution service that will compete with current platforms for sharing press releases and company PR news.

The news wire project was discussed at an all-hands meeting with staff members that was led by X CEO Linda Yaccarino and Elon Musk, according to Bloomberg.

Citing sources, the report stated that “the duo also referenced ambitions to create a news wire service called XWire, which would rival Cision’s PR Newswire.”

Regarding how X would more effectively compete with platforms that disseminate company news and press releases, Musk and Yaccarino did not share many details.

Musk, who is placing a significant wager on X Corp becoming a reliable news source, stated last week that the platform is “open source news” and that anything pertinent from traditional media is already accessible on X.

“They get the final say and can double down on their false narrative when fake news spreads on CNN, MSNBC, or in The New York Times or Washington Post,” the X user wrote.

Yes, Musk replied, mentioning that X is an open-source news portal.

That is the appropriate approach to take. In any case, anything pertinent from legacy media is republished here,” he continued.

Last month, Musk urged individuals to cover X through citizen journalism.

“Please support the expansion of citizen journalism! Using your phone, you can easily record live video. “The world will change with more everyday citizens reporting from the ground up,” he declared.

Musk extended an invitation to journalists in August to publish directly on X, the former Twitter, in exchange for a higher salary.

The business has also focused on hiring through the @XHiring account and using videos to compete with platforms like LinkedIn and YouTube.

Israel Defense Forces says, Hamas Naval Chief Abu Sahiban killed

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After starting a ground offensive in Gaza on Saturday, the Israel Defense Forces (IDF) announced that they had killed Abu Sahiban, the commander of the Hamas Navy, during the course of an overnight attack.

The IDF claimed that the dead commander had organized and carried out the maritime infiltration attempt by Hamas, which the armed forces had stopped.

The IDF appears to be concentrating on its objectives after the assassinations of Naval Commander Abu Sahiban and Air Chief Abu Rakbeh.

Media were informed by IDF spokesman Rear Admiral Daniel Halagary that the army has advanced into the Gaza Strip and may intensify its operations.

The IDF has already declared that on Friday and Saturday, it destroyed 140 Hamas underground structures.

India to provide additional funding for training for Sri Lankan military

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The Indian High Commission in this country has announced that India will contribute an extra LKR 23 million (about Rs 58,75,900) to the training of the Sri Lankan Armed Forces.

When he met with a senior local military delegation here on Friday, acting Indian High Commissioner Satyanjal Pandey conveyed this to Sri Lanka.

The Indian mission posted on X that the Army Delegation, led by Maj Gen Chandana Wickramasinghe, met with Acting HC @DrSatyanjal to discuss the conduct of the upcoming bilateral exercise between the Armies and Air Forces of India and Sri Lanka, called Exercise Mitra Shakti.

Without providing further information, it stated, “Additional funding of LKR 23 million for training of Sri Lankan Armed Forces announced by India.”

According to a release, the Sri Lankan side expressed its appreciation to India for the capacity-building assistance given to the country’s armed forces and expressed anticipation for more interactions.

Two arrested for illegally storing cracker material

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Two individuals, Mohammed Nazir (42) and Mohammed Bashir (43) were taken into custody by Eluru One Town police on Friday for allegedly keeping supplies needed to make crackers at their Eluru home.

Two kilograms of jute twine, half a kilogram of sisindri black powder, 50 kilograms of potassium nitrate, 200 skyrockets, 16 yarn packets, seven kilograms of empty plastic pipes, eight kilograms of empty paper pipes, four kilograms of yarn pipes, one kilogram of bundles of bamboo sticks, and two cracker-making machines were taken from them by the police.

In accordance with sections 286 and 336 read with 34 IPC and section 9 (B) of the Explosives Act of 1884, a case has been filed against the two accused.

Inspector N. Rajasekhar of the Eluru One Town circle stated that those who produce or unlawfully store crackers will face severe consequences. He asked that in such cases, individuals call the police at 112, 100, 94497 96604, or 94407 96605 to provide information.

Bengaluru and New Bhubaneswar connects by unreserved special trains

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In order to handle the increase in passenger demand, the South Western Railway has started operating unreserved special express trains between Bengaluru and New Bhubaneswar. The services will give commuters between these two large cities easy ways to get around.

Train 06287, known as the SVM Bengaluru-New Bhubaneswar Jansadharan Special, is scheduled to leave Bengaluru on Saturday, October 28 at 3.30 am and arrive in New Bhubaneswar on Monday, October 29 at 6.30 am. Along the route, it will stop at significant locations like Duvvada and Pendurthi.

On Sunday, October 29, at 8.15 am, the New Bhubaneswar-SMV Bengaluru Special train, number 06288, will leave New Bhubaneswar and arrive at SMV Bengaluru at 9.45 am. Additionally, it will pass through Pendurthi and other stations.

Bengaluru Cantonment, Krishnarajapuram, Bangarapet, Jolarpettai, Katapadi, Renigunta, Gudur, Vijayawada, Rajahmundry, Duvvada, Pendurthi, Kottavalasa, Vizianagaram, Srikakulam, Palasa, Brahmapur, Chatrapur, Khurda Road, and Bhubaneswar are among the notable stations where the train services will stop.

Murder Case, accused sentenced to 10 years in prison

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Siriella Doraiswamy, 33, was given a 10-year prison sentence by the Proddatur Second Additional District Judge Court on Friday for hacking his paternal uncle to death on June 23, 2017, while under the influence of alcohol.

In Proddatur town, Kadapa district, Doraiswamy was fighting with his wife while intoxicated. Attempting to calm him down was G. Sudhakar, his paternal uncle. But Sudhakar was attacked by Doraiswamy, who stabbed him with a sharp knife. In the hospital, Sudhakar passed away two days later.

Following the registration of a case by the Proddatur police, Doraiswamy was found guilty and sentenced to 10 years in prison and a fine of Rs 50,000 by the Second ADJ Court of Proddatur. Kadapa SP Siddarth Kausal expressed gratitude to the police team for successfully establishing the accused’s guilt and obtaining a conviction.

BMW X4 M40i launched in India at Rs 96.20 lakh

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The new BMW X4 xDrive M40i, priced at Rs 96.20 lakh, was unveiled on Thursday at a showroom across India by BMW, the country’s second-largest German luxury automobile manufacturer.

There will only be a single trim and a limited number of units available for this imported coupe-SUV.

The sleek and fashionable BMW X4 xDrive M40i has a roofline reminiscent of a coupe, with a dark BMW M kidney grille that is accentuated by sultry smoked LED headlamps.

A commanding set of 20-inch Jet Black M light alloy wheels with M Sport brakes and striking red brake calipers are included with the vehicle. It has two dual exhaust tips and sleek LED tail lights on the back.

Inside are features like a sporty 3-spoke steering wheel, a 12.3-inch digital instrument cluster, and a capacious touchscreen infotainment system that is easy to use. The vehicle also has a panoramic sunroof, reclining rear seats, and 3-zone automatic climate control.

A 3.0-liter, 6-cylinder turbocharged petrol engine producing 355 bhp and 500 Nm of torque powers the BMW X4 xDrive M40i. An eight-speed automatic transmission and all-wheel drive are mated to the engine. The SUV is equipped with a M Sport differential with automatic differential locks and adaptive suspension.

“With its outsized performance and long-lasting design, the BMW X4 M40i is a fearless innovator. “You will definitely stand out from the crowd with its performance-focused design, unique aesthetics, and increased power,” declared Vikram Pawah, President of BMW Group India.

CWC 2023: South Africa wins by a single wicket over Pakistan

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South Africa bowled out Pakistan for 270 and then came back to surpass the target, scoring 271 for 9 in 47.2 overs, with Aiden Markram top-scoring with a 93-ball 91.

Earlier, Pakistan chose to bat, and skipper Babar Azam made a 65-ball 50, while Saud Shakeel scored a run-a-ball 52 and Shadab Khan chipped in with a 36-ball 43.

However, Pakistan was unable to form partnerships as South Africa managed to take wickets, with Tabraiz Shamsi (4/60) emerging as the most successful bowler. Marco Jansen (3/43), Gerald Coetzee (2/42) and Lungi Ngidi (1/45) shared six wickets between them.

Short Scores:

Pakistan: 50 runs from Babar Azam and 52 from Shakeel in 46.4 overs; Tabraiz Shamsi 4/60. Pakistan: 270 all out.

South Africa: (Aiden Markram 91, Shaheen Afridi 3/45, Mohammad Wasim Jr 2/50) 271 for 9 in 47.2 overs.

During the festive season, 5G smartphone sales in Hyderabad increase by 60%

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Hyderabad has seen a notable double-digit increase in smartphone demand during the holiday season, with sales of phones costing between Rs. 10K and Rs. 20K significantly rising as a result of the 5G upgrade.

Telangana is one of the top-performing regions for 5G smartphone sales, with a rise of more than 60% during the holiday season. The segment selling smartphones for Rs. 30K and above also saw a 65% growth in October 2023, according to a report by Amazon.in.

The notable increase in sales can be ascribed to Amazon’s Great Indian Sale, free interest payments, and exchange promotions.

Top bestseller smartphones in Hyderabad, per the Amazon report.The iPhone 13, Samsung Galaxy M14 5G, Redmi 12 5G, OnePlus Nord CE 3 lite 5G, and OnePlus 11R 5G are among them.

According to the report, Telangana has experienced a twofold increase in television sales during the same period. Telangana is the state with the fastest rate of growth on Amazon India in 2023. Hyderabad is one of the top three cities in India for TV sales, according to Amazon.in, which also revealed Telangana as the top-ranked state in Q3 2023.

In the Telangana region, the most favored brands for televisions are Sony, Samsung, and LG.

At the Indian Institute of Technology, Hyderabad, on Thursday, customers were able to catch a preview of the Amazon Great Indian Festival 2023 through the “Amazon Xperience Arena” (AXA). At this showcase, consumers, influencers, and the media had the opportunity to interact with and experience their favorite products and brands.

Hyderabad Cybercrime police arrested a man for online harassment

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A man was detained by the Hyderabad Cybercrime police on Friday after they allegedly demanded money from women they harassed on social media.

Bhukya Ramesh posted derogatory remarks, altered photos and videos of women, and tagged various Twitter accounts. He also insisted that they pay a Rs. 50 deposit to end the harassment. According to a cyber crime official, “He asked them to stop harassing them by sending the money to his bank account and sharing screen shots of the same to his WhatsApp number.”

After a woman filed a complaint with the She Team, it was forwarded to the Cybercrime police, who opened a case and took Ramesh into custody.

By December 2023, Canada expects processing only 50% of Indian visa applications

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Due to a recent reduction in staff on the ground, Canada has stated that it will only be able to process 20,000 of the 38,000 visas for Indians by the end of December this year.

Immigration Minister Marc Miller stated at this week’s Standing Committee on Citizenship and Immigration meeting that there are currently just five people working on visas in India, according to CIC News.

This month, the number of employees at Immigration, Refugees and Citizenship Canada (IRCC), which handles visa applications, was cut from 27 to just five as a result of India’s request for Canada to remove its 41 diplomats in order to achieve diplomatic parity.

The IRCC now projects that at the start of 2024, there will be about 17,500 Indian applications pending. Senior officials from the nation’s top immigration department did, however, express optimism, stating that the government is attempting to resume regular processing of Indian applications by the beginning of 2024.

This is feasible, according to the IRCC, as the immigration officers who were expelled from India rebuild their lives and go back to work in Canada and the Philippines.

By modifying the workload for Visa Application Centers (VACs), which currently handle the majority of applications from India, IRCC is allegedly attempting to lessen the effects. In a statement issued last week, the IRCC stated that the vast majority of Indian applications are already being processed outside of the nation, with 89

According to the IRCC, “the five employees from Canada-based IRCC who are still in India will concentrate on tasks that necessitate an in-country presence, like urgent processing, visa printing, risk assessment, and managing important partners.”

80% of all applications are intended to be processed by the department within the service standards, which change based on the kind of application. When an application is not processed in accordance with service standards, it is backlogged.

The Indian consulates will continue to accept and process applications from India, but the IRCC has also temporarily stopped offering any in-person services.

India, on the other hand, partially restored its visa services in Canada starting on October 26 after they had been suspended due to deteriorating diplomatic relations. The Indian High Commission released a statement stating that the services for entry, business, medical, and conference visas will be available once again. The statement went on, “Further decisions, as appropriate, would be intimated based on continuing evaluation of the situation.”

Rapido to began Cab Services in Hyderabad

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Rapido, an eight-year-old domestic bike taxi startup, is entering the taxi industry to compete with Uber and Ola, according to a Friday media report.

The startup has started offering its taxi service as a pilot project in Hyderabad and intends to take it to other cities, such as Bengaluru, Chandigarh, and Delhi-NCR.

As early as next week, the company intends to introduce Rapido taxis in Delhi-NCR, according to TechCrunch, which cited sources.

“At Rapido, we’re excited to report that our Rapido Cabs test run in Hyderabad is going really well. The dynamic market of the city has welcomed us with open arms, and the encouraging feedback is very encouraging. A Rapido representative was cited as saying, “As we move forward, we are dedicated to keeping you fully informed about our progress and eagerly anticipate bringing our innovative services to other cities.”

Customers could hail rides on motorcycles or three-wheeled auto rickshaws until recently.

Additionally, the report stated that Rapido wants to work with Zingbus, a company based in Gurugram, to integrate intercity bus ticketing into its app.

Founded in 2015, Rapido has over 25 million app downloads and operates in more than 100 cities. On its website, the company claims to have served over 10 million customers and completed over 100 million rides.

Based on information found on Tracxn, Rapido has raised $324 million in total funds. Swiggy, an online meal delivery service, spearheaded the company’s $180 million fundraising effort in April of last year.

Unreported Cash Seized from NRI Siblings

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Late on Thursday, Hyderabad police apprehended more than Rs 1.78 crore in unaccounted cash from two NRIs residing in Dubai at Asif Nagar. The two admitted to the police that they were carrying the cash in order to buy a piece of city real estate.

At Mangalhat, South West Zone police conducted a search on Thursday and found two kilograms of ganja.

According to DCP South West B Bala Swamy, their teams stopped two cars during vehicle checks and discovered Rs 1,78,30,000 in cash inside.

The two individuals, identified as Mohammed Shahnawazuddin and Mohammed Shabuddin, who are siblings from Hyderabad who have relocated to Dubai, informed the police that they were carrying money to purchase a home. However, police confiscated the cash and gave it to the Income Tax department for additional investigation because they were not carrying any pertinent documents.

Although the seized money did not appear to have any connection to the elections, police discovered that the individuals had visited the city two weeks prior.

Markets recover in early trade after six days of fall

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Benchmark equity indices saw a significant downturn recently amid the recovery in Asian markets, but they recovered in early trade on Friday.

In early trading, the 30-share BSE Sensex increased 411.17 points to 63,559.32.At 18,973.15, the Nifty increased by 115.9 points.

The top gainers among the Sensex companies were Infosys, Maruti, NTPC, Mahindra & Mahindra, State Bank of India, and Infosys.

Out of the group, Asian Paints was the only one to lag behind.

Seoul, Tokyo, Shanghai, and Hong Kong were trading in positive territory in the Asian markets.

On Thursday, the US markets finished lower.

For the first time in more than a year, the European Central Bank kept interest rates unchanged on Thursday.

“The market looks to be oversold after six straight days of losses caused by the elevated bond yields in the US and tensions in West Asia,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, stated.

The US economy’s surprising resilience, he continued, is noteworthy.

“The Fed will remain hawkish given the Q3 GDP growth of 4.9%, and the likely “higher for longer” interest rate regime is negative for the stock market,” Vijayakumar continued.

Positively, he said that valuations in India, which were once high, are now fair and attractive in industries like banking.

Benchmark Brent crude for global oil prices surged 1.25 percent to USD 89.03 per barrel.

According to exchange data, foreign institutional investors (FIIs) offloaded stocks on Thursday worth Rs 7,702.53 crore.

The BSE benchmark fell 900.91 points, or 1.41 percent, to close at 63,148.15 on Thursday, below the 64,000 barrier. To 18,857.25, the Nifty fell 264.90 points, or 1.39 percent.