BJP, Shiv Sena finalize agreement for Maharashtra Assembly elections

After days of suspense and discussions, the ruling Bharatiya Janata Party (BJP) and Shiv Sena on Monday announced their alliance for the Maharashtra Assembly polls. Fearing rebellion, both parties have not yet disclosed the seat-sharing arrangement, which the leaders claim has been mutually accepted.

The announcement, however, did not come from top leaders of both parties as expected. Instead, state BJP president Chandrakant Patil and senior Sena leader Subhash Desai issued a joint signed statement.

The alliance also includes union minister Ramdas Athawle’s Republican Party of India (Athawale group), Rashtriya Samaj Party of Dhangar leader Mahadev Jankar, state minister Sadabhau Khot’s Rayatkranti and Shivsangram party of Maratha leader Vinayak Mete. However, the statement does not have signatures of the other four leaders or their representatives.

BJP, Shiv Sena finalize agreement for Maharashtra Assembly elections

“Under the leadership of Devendra Fadnavis and the guidance of Uddhav Thackeray, the government of grand alliance took the state to a new height in the last five years and now as per the democratic traditions we will be facing the polls. Following the discussions between Uddhav Thackeray and Devendra Fadnavis and also with other allies such as Ramdas Athawale, Vinayak Mete, Sadabhau Khot, Mahadev Jankar, the decision to contest upcoming elections in an alliance has been taken unanimously. As per that we are announcing the grand alliance,” reads the statement. The details about which party will contest how many seats will be declared soon, it says.

Earlier, BJP state president Chandrakant Patil said, “The seat-sharing arrangement between both parties is complete and both have agreed to it. But the official announcement will be made at the right time.”

In response to a query, Mr. Patil denied that Sena was going to be given the deputy Chief Minister’s post. “Nothing of this sort has been decided. Let the elections take place. After that results will be out,” he said. Commenting on Sena leaders’ statement wishing Aaditya Thackeray as the next Chief Minister of Maharashtra, Mr Patil said that it is obvious for the leaders of the Sena to wish their leader state’s topmost post.

Meanwhile, the delay in announcing seat-sharing between two parties indicates that both fear large-scale rebellion within. “It is natural that those who are sitting MLAs or prepared for five years feel agitated in case the seat goes to another party. It is natural. But we will talk to them and reinstate them for sure in future,” he said.

18 labourers hurt after auto overturns in Hyderabad

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18 labourers hurt after auto overturns in Hyderabad

HIGHLIGHTS

18 labourers hurt after an auto trolley overturned Around 30 people were in the vehicle when the incident occurred

As many as 18 daily wage labourers were injured after an auto trolley overturned here at the city. The mishap took place when around 30 labourers from Manchala Mandal of Rangareddy district are heading to plant saplings across the roads under GHMC limits. The injured were sent to a nearby hospital for treatment. Further details are awaited.

Indiabulls Housing Finance Shares Crack 38% on Doubts Over Merger with Lakshmi Vilas Bank

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Lakshmi Vilas Bank and Indiabulls Housing Finance had announced a share-swap deal in April earlier this year. The Competition Commission of India had already given its green light to the proposed merger in June.

Indiabulls Housing Finance Ltd shares cracked over 38% on Monday on the apprehensions that the proposed merger with Lakshmi Vilas Bank Ltd could face a setback as the central bank initiated corrective actions against the latter.

At 11:40 am, shares of Indiabulls Housing Finance were down by a massive 35.8%, to Rs 250.70 after hitting an intra-day low of Rs 240.05. Other Indiabulls Group stocks also tumbled, with Indiabulls Real Estate and Indiabulls Ventures down 10% and 20%, respectively. Lakshmi Vilas Bank shares were, meanwhile, down 5% to Rs 34.75.

The central bank placed Lakshmi Vilas Bank under prompt corrective action due to high non-performing assets, insufficient capital, high leverage and a negative return on assets for two consecutive years.

To recall, Lakshmi Vilas Bank and Indiabulls Housing Finance had announced a share-swap deal in April earlier this year. The Competition Commission of India had already given its green light to the proposed merger in June.

In a separate development, the Delhi High Court has also issued notice in a petition seeking a direction for an in-depth and time-bound investigation by a Special Investigation Team into the “illegalities and violations” committed by Indiabulls Housing Finance, its subsidiaries and promoters.

Notices have been issued to Indiabulls, its promoters, the central government and other stakeholders.

IndiGo Denies ‘Fire In Engine’ Claim By Minister After Flight Turns Back

An IndiGo flight to Delhi had to return to the Goa airport and make an emergency landing after its engine developed “some technical issues” mid-air, the airline said on Monday.

Goa Power Minister Nilesh Cabral, who was among the passengers on the flight which took off from the coastal state on Sunday, told PTI that the aircraft’s engine caught fire following which the plane had to return to the airport.

The Directorate General of Civil Aviation (DGCA) has launched a probe into the incident.

IndiGo flight 6E336, operating from Goa to Delhi on September 29 returned to Goa due to “technical issues in engine”, the airline said in statement.

“As per the laid down Standard Operating Procedures, our pilot landed the aircraft in Goa for inspection. All the passengers were accommodated on other flights to Delhi,” a spokesperson of the airline said.

Nilesh Cabral, however, said the flight had to return after the aircraft’s engine caught fire.

He later flew to Delhi in another plane. “The Directorate General of Civil Aviation has started an investigation into the IndiGo Goa-Delhi flight incident,” a senior DGCA official said

Caught In The Act: A Black Hole Rips Apart An Unfortunate Star

Scientists have caught a view of an enormous black hole frantically tearing apart a doomed star, representing an exceptional and uncontrolled astronomical event from starting to end for the first time using NASA’s planet-hunting telescope.

The U.S. space organization’s orbiting Transiting Exoplanet Survey Satellite, famously identified as TESS, published the detailed timeline of a star 375 million light-years continuously twisting and spiraling into the ruthless gravitational pull of a supermassive black hole, researchers stated on Thursday.

The star, approximately the identical size as our sun, was ultimately sucked into nothing in a limited cosmic experience that scientists call a tidal disturbance development, they added.

Caught In The Act: A Black Hole Rips Apart An Unfortunate Star

Astrophysicists used a global system of telescopes to discover the appearance before changing to TESS, whose constant viewing zones intended to hunt different planets grabbed the beginning of the intense event, proving effective its different method of surveilling the universe.

“This was a mixture of both being good and being fortunate, and seldom that’s what you require to push the science forward,” stated Thomas Holoien of the Carnegie Institution for Science, who led the study published in the Astrophysical Journal.

Such aspects happen when a star chances too close to a supermassive black hole, objects that remain in the middle of most massive galaxies including our Milky Way. The black hole’s enormous gravitational forces tear the star to pieces, with some of its element tossed into space and the rest falling into the black hole, creating a disk of hot, luminous gas as it is consumed.

“Definitely, we can estimate the rate at which it gets more illustrious after it starts intensifying, and we also witnessed a drop in its temperature and light that is unique,” Holien said.

Observing the waving of light as the black hole bolts the star and spews stellar substance in an outward spiral could help cosmologists assume that the black hole’s way, a scientific riddle since physicist Albert Einstein’s work more than a century ago observed gravity’s impact on light in motion.

YES Bank tumbles 11% despite RBI nod to raise capital

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NEW DELHI: Shares of private sector lender YES Bank tumbled 11 per cent in Monday’s trade even as the company said it received approval from the Reserve Bank of India (RBI) to raise capital.

YES Bank in an exchange filing said, “it has received an acknowledgment from the Reserve Bank of India to go ahead with the proposed increase in its authorized share capital.” The bank will now seek necessary shareholders’ consent.

bank is reeling under huge exposure to stressed assets. It plans to raise Rs 800 crore from the market. In a release last week, it had said the bank has received strong interest from multiple foreign as well as domestic private equity and strategic investors for this capital raise.

At around 9.50 am, YES Bank shares were trading nearly 9 per cent lower at Rs 44.40 on BSE
Meanwhile, bank’s promoter Rana Kapoor has been reducing his stake in the bank in a gradual manner. Last week, YES Capital, owned by Kapoor, sold 1.8 per cent shareholding in the Bank. In a release, it said the proceeds will be utilized to prepay balance outstanding Non-Convertible Debentures (NCDs) of YCPL subscribed by various schemes of Franklin Templeton Asset Management.

Moody’s in a report earlier this month said Altico Capital’s default was credit negative for the lenders with si ..

Moody’s in a report earlier this month said Altico Capital’s default was credit negative for the lenders with significant exposure to the real estate sector

19 Killed, 3 Injured After Fire Breaks Out in Factory in East China

A factory wildfire has killed 19 people in east China, regional authorities said Monday, in the latest violent event to hit the country’s manufacturing division.

The fire burst out on Sunday at a plant in Ninghai county, eastern Zhejiang region, said the provincial government on its official Weibo account.

The event, which is under research, happened at a equipment owned by the Ruiqi Daily Necessities Company.

Amongst eight people protected from the fire, three were wounded and carried to hospital for medical assistance, said Ninghai authorities.

It did for a tedious weekend in China ahead of the communist-led country’s 70th-anniversary festivities on Tuesday.

19 Killed, 3 Injured After Fire Breaks Out in Factory in East China

A compressed bus crashed with a truck in eastern Jiangsu area on Saturday, killing 36 people.

Industrial disasters are prevalent in China, where security regulations are often poorly executed.

In March, a blast at a chemical factory in eastern Jiangsu region abolished 78 people and injured hundreds.

Four months later in July, a large eruption left 15 lifeless at a gas factory in central China.

Last November, a truck transporting combustible chemicals erupted at the arrival of a chemical plant in Zhangjiakou, a northern Chinese town that will host the 2022 Winter Olympics, halting 23 people and injuring 22 others.

Congress Leaders Detained Ahead Of March In UP Against BJP’s Chinmayanand

The 23-year-old law student in Shahjahanpur was arrested by the police last week in a case of extortion filed by Chinmayanand’s aides.

SHAHJAHANPUR: Congress leaders were today refused permission to take out a march in support of the jailed law student who has accused the BJP’s Chinmayanand of rape.The Congress leaders wanted to march from the town of Shahjahanpur to Lucknow in solidarity with the student.
Party leader Jitin Prasada has been put under house arrest and three others have been detained. The police have also blocked the borders of Shahjahanpur district.

The 23-year-old student was arrested by the police last week in a case of extortion filed by Chinmayanand’s aides. The law student has spent the last four days in prison.

The woman says the police refused to register her rape complaint last month, after which she filed a case in Delhi. Chinmayanand has been charged under a watered down sub-section of the rape law on “misusing authority for sexual intercourse”. On the other hand, the woman has been charged with trying to extort Rs. 5 crore from Chinmayanand. The SIT said she had “confessed”.

The student was produced before a court, which sent her to 14-day judicial custody.

Chinmayanand, who was arrested earlier this month on charges that he misused his authority and induced the student to have sex with him, continues to be in a hospital. He was taken to the ICU at Lucknow’s Sanjay Gandhi Post Graduate Institute of Medical Sciences last Monday, just three days after his arrest.

A court in Shahjahanpur will today hear the bail requests of Chinmayanand as well as the student.

A Congress delegation met the parents of the jailed student on Sunday.The girl who alleged rape and was arrested should be released. The government is standing in support of Chinmayanand. The rape case should be heard in a fast track court,” Congress leader Ajay Kumar Lallu, who is among those who have been detained today, had told news agency ANI.

Pakistan Gears Up For The 2nd ODI Versus Sri Lanka, With Rain Likely To Play a Part

It’s gone from T to T+2 to T+3, which too is now subject to Karachi’s water-pumping capacity. Well, try harder, if there’s one thing Pakistan has in abundance ever since they lost their ‘home’, it’s patience, and three days when seen against the 3901-day wait is precisely 0.076 percent longer. That’s how insignificant Friday’s (September 27) deluge was.

But the deluge, as a deluge, was bad. Three days of unusual rains in the season, constant pouring had left the National Stadium in water. The outfield appeared as a pool, the drainage jammed and the groundsmen didn’t have any modern equipment and they couldn’t even clean up after it stopped raining. So much so that the officials called it off with almost four hours to go to compress in a 20-over contest.

Pakistan Gears Up For The 2nd ODI Versus Sri Lanka, With Rain Likely To Play a Part

So nothing’s varied in phases of the development. It’s still a new start for Pakistan, getting into the Misbah-Sarfaraz period, who’ve been quite stable in their selection, facing a Sri Lankan side, who until a week ago would’ve moved off as Sri Lanka A.

Pakistan is reasonably expected to command. Their strategy with the bat, especially in ODIs, under Waqar Younis and Mickey Arthur has been rather complicated between attack and care, often going nowhere. With the chargeback to Misbah-ul-Haq, who made the UAE a stronghold with this very messy approach, it’ll be fascinating to see how the squad works with cricket at home back to being a likelihood.

Again, just to repeat, nobody’s going to cherish this result. It’s all about the information it sends out.

Rashami Desai on Marrying Boyfriend Arhaan Khan in Bigg Boss 13 House: This is a Very Stupid Rumour

It was reported earlier that Rashami Desai will be tying the knot with rumoured beau Arhaan Khan inside ‘Bigg Boss 13’ house. The actress had dispelled such claims as “stupid rumours”.

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Rashami Desai on Marrying Boyfriend Arhaan Khan in Bigg Boss 13 House: This is a Very Stupid Rumour
It was reported earlier that Rashami Desai will be tying the knot with rumoured beau Arhaan Khan inside ‘Bigg Boss 13’ house. The actress had dispelled such claims as “stupid rumours”.

Rashami Desai on Marrying Boyfriend Arhaan Khan in Bigg Boss 13 House: This is a Very Stupid RumourImage of Rashami Desai, courtesy of Instagram

Actress Rashami Desai has denied rumours that she will get married inside the “Bigg Boss” house this season. A recent report in a city supplement stated “Uttaran” actress Rashami might tie the knot with boyfriend Arhaan Khan inside the house during her stay on “Bigg Boss 13”, which started airing on Sunday night.

While Rashami entered the house on Sunday night, Arhaan is reportedly expected to join her in a few weeks.

Quizzed on the subject, Rashami told IANS: “I really want to know who is spreading these rumours. I am a mature woman and I know how to take decisions. I don’t understand why someone would do this. This is a very stupid rumour. It is (marriage) such a beautiful thing. If I get married, I will let people know about it in a beautiful way. I won’t be committing a crime.”

At the moment, Rashami has mixed feelings about her stint inside the house. “I have a mixed feeling. I am a little nervous, a little bit scared and at the same time excited,” she said.

However, the actress is certain that it is not going to be easy inside the house.

“It is not going to be easy but I think it will be an interesting journey. Everyone who has been there says if you are on this show, you learn to handle your mood swings, your feelings. I feel that is an amazing thing. It makes you a stronger person,” she said.

Rashami is apprehensive she might hardly get to eat during her stay inside the house.

“I know how to cook. I can make pasta et cetera, but I don’t know how much of a chance I will get to cook inside the house. I have heard Bigg Boss hardly lets you eat!” she said.

After coming out of the house, the actress revealed, she would need some time for herself, before resuming work.

“I have not taken up any work commitments because I have no idea when I will come out of the house. Even if I come out as a winner, I would need a little time for myself. Once I am out, there will be a lot of media activity. Only after that, I will get back to work,” she said.

Asked if she has plans to venture into Bollywood, Rashami replied: “If the script is beautiful and the role is promising, I will definitely go for Hindi movies. The subject is the biggest hero.”