The market capitalisation of BSE-listed firms The market capitalisation of BSE-listed firms reached all-time closing high of `400.86 lakh crore on Monday, zooming 300% since March 2014 when it first crossed the `100 crore milestone. The `200 lakh crore mark was first touched in February 2021 and `300 lakh crore in July 2023. During Monday’s trade, the 30-share BSE Sensex jumped 0.67% to settle at 74,742.50 points | P12 COIMBATORE l tuesday l april 09, 2024 l `9.00 l PAGES 14 l late city EDITION CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOgGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI Cattle face heat, Aavin milk procurement dips by 5L litres SC stays trial i Periyasamy B AN B U S E LV AN @ Chennai The searing summer has led to heat stress in cattle affecting milk output from buffaloes and exotic and cross-breed milch cows. Because of this, the quantum of milk procured by Aavin daily in Tamil Nadu has dropped by five lakh litres over the last 10 days. The average procurement, which stood be- tween 30 lakh and 31 lakh litres per day in March, has plummeted to 25 lakh litres since April 1. While Aavin maintains that the drop in milk procurement is only one lakh litres compared to the same period last year when it was around 26 lakh litres per day, the situation may worsen in the coming days and may impact the pro- duction of allied products such as ice cream and milk sweets, industry sources said. S Vineeth, Managing Director, Aavin, told TNIE that due to the heat wave, the milk yielding capacity of cattle has come down. “Temperature went up by 2 to 3 degrees Celsius in Dharmapuri and Tiruchy districts resulting in marginal dip in milk procurement. But the milk supply to our card holders Industry players, including and retail consumers has not Aavin and private dairies, rely been affected,” he said. heavily on exotic breeds Vineeth further said, such as Jersey and Hol“We have already made stein Friesian cows, as MILK preparations to comwell as buffaloes, for pensate for the dip. We milk production. Addihave adequate stock of tionally milk is sourced , milk powder. Aavin will from crossbreeds of Jeralso procure ghee for resey and HF variants. Milk constitution of milk to increase produced by native breeds is the fat content,” he added. mostly consumed by the cattle farmers and not used for commercial supply due to its lowfat content. A veterinarian attached to Aavin told TNIE, “Compared to native breeds, exotic and crossbreed milch cows are less thermo tolerant. Due to heat stress, the food intake of milch cows decreases significantly thereby affecting their milk yielding ability .” Court rejects interim bail to Kavitha in excise scam Says prima facie material shows her involvement in alleged offence S UCHITRA K ALYAN M OHANTY @ New Delhi celestial show The Moon partially covers the Sun during a total solar eclipse in Mazatlan, Mexico, Monday | AP Saudi push for Kashmir talks between India, Pak Yes h i S e l i @ New Delhi The issue of Kashmir figured in the talks visiting Pakistan Prime Minister Shehbaz Sharif had with his Saudi Arabian counterpart Prince Mohammad bin Salman in Makkah. “The two leaders stressed the importance of dialogue between India and Pakistan to resolve the outstanding issues between the two nations, especially for the Jammu and Kashmir dispute to ensure peace and stability in the region,’’ their joint statement released on Monday read after the bilateral talks a day earlier. The two leaders also discussed the situation in Gaza and supported the peace process in accordance with the resolutions of UN Security Council and the UN General Assembly and the Arab Peace Initiative “for the establishment of an independent Palestinian state with East Jerusalem as its capital”. New Delhi’s long-held position is that Kashmir is a bilateral issue between India and Pakistan and there is no ques- tion of any third party role. Diplomatic ties between India and Pakistan remain downgraded ever since 2019 after Article 370 that gave J&K special powers was read down. However, Prime Minister Narendra Modi wished his newly elected Pakistani counterpart after the latter assumed power. Though things haven’t improved on the ground yet, the business community in Pakistan is pressing for resumption of cross-border trade with India. But New Delhi has always maintained that ties with Islamabad can improve only if it stop its terror factory . Recently Pakistan de, nounced defence minister Rajnath Singh’s comment in a televised interview where he said India would track down and liquidate terrorists and even if they manage to cross the border. These comments came after Pakistan cited a Guardian report alleging that India had killed 20 people in Pakistan since 2020 as part of a broader plan to target terrorists residing in foreign soil. Bibi says date fixed to invade Rafah Israeli Prime Minister Benjamin Netanyahu on Monday escalated his pledge to invade southern Gaza’s, saying, ‘There is a date’. He said Rafah operation is essential for Israel’s victory over Hamas IN a setback to BRS leader K Kavitha, a Delhi court on Monday denied her interim bail in the Delhi excise policy case. Rejecting the bail plea, Special Judge Kaveri Baweja said the material presented by the Enforcement Directorate prima facie shows the Telangana politician is actively involved in alleged money laundering offence, destruction of evidence, and attempting to influence witnesses in the case. Kavitha, the daughter of former Telangana CM K Chandrashekar Rao, had sought interim bail saying her 16-year-old son has exams and needs her ‘moral and emotional support’. The judge said there was no apparent reason why close relatives can’t provide moral support to the child, rejecting the argument that they can’t be a substitute for the mother to address the exam-reK Kavitha lated anxiety of the ward. The court also noted that Kavitha, 46, can by no standards be considered a ‘vulnerable’ woman who could be made a scapegoat for committing the alleged offences. Kavitha, 46, was arrested by the Enforcement Directorate on March 15. She was remanded in ED custody till March 23, which was extended by three days. Since March 26, she has been in judicial custody According to the ED, she is part of . the ‘South Group’ lobby, which has allegedly paid `100 crore as kickbacks to AAP leaders in return for a big share of Delhi liquor licences. AAP cries foul as ED grills MLA, Kejri aide U J W AL J ALALI @ New Delhi THE Enforcement Directorate (ED) on Monday questioned Delhi Chief Minister Arvind Kejriwal’s personal assistant Bibhav Kumar and Aam Aadmi Party legislator Durgesh Pathak in connection with the money laundering probe in Delhi excise policy case, evoking a sharp reaction from AAP that the BJP wants to stop it from campaigning in the Lok Sabha polls. Sources said Kumar was questioned to seek some clarifications on some documents in the excise probe, while Pathak was called in connection with the Durgesh Pathak party’s 2021-22 poll campaign for the Goa assembly polls. Pathak was the AAP’s in-charge for Goa elections. According to the ED, `45 crore from criminal activities were utilised in the electoral campaign of the Aam Aadmi Party (AAP) for Goa. The ED had in its earlier chargesheets alleged that at least 36 accused, including former deputy CM Manish Sisodia and Bibhav Kumar, had destroyed, used or changed 170 phones to conceal evidence of ‘kickbacks’. According to ED, Bibhav’s phone IMEI number was changed four times between September 2021 and July 2022. still a coastal poramboke, patta has been issued to a private inA permanent structure is being dividual for land under 55/2 constructed on the ecologically- subdivision, sources said. sensitive salt pans of Pulicat When TNIE visited the place, it bird sanctuary after Ponneri was evident that the building revenue officials had allegedly was coming up in the middle of issued a patta doca flood channel ument for 2.45 that had dried up press hectares of land clusive for the time being inside the due to intense sanctuary . summer heat. The area in question comes During rainy days, the place under survey number 55 which would usually be filled with wawas classified as coastal poram- ter from surface runoff. There boke land in the revenue are no other constructions in records till 2021 when it was di- the vicinity . vided into two subdivisions. (Read the full report at While land area under 55/1 is newindianexpress.com) S V K RI S HNA CHAITANYA @ Chennai The Supreme Court on Monday asked Google to explain how the pin location-sharing feature works on its Maps application so that it can decide whether asking an accused to share his pin location with the investigators as a pre-condition for granting bail would violate his right to privacy . “We need to examine if an accused (on the orders of the court) has to provide the investigators with detailed informa- In a major relief to Tamil Nadu Rural Development Minister I Periyasamy, the Supreme Court on Monday stayed the trial court proceedings against him in a corruption case. A two-judge bench of Justices Hrishikesh Roy and Prashant Kumar Mishra said that since the top court is examining the appeal of the minister, who has challenged a February 26 Madras HC order which set aside the trial court order discharging him, the trial proceedings must be stayed. In an application filed through advocate Ram Sankar, Periyasamy had sought the apex court’s direction for deferment of trial and exemption from personal appearance in the graft case before a Chennai court. On Monday senior advocate Kapil Sibal , said the apex court had granted Periyasamy the liberty to approach the trial court for deferment of the proceedings but his application was dismissed. “The trial court said that the HC has fixed a time frame for completing the trial and hence dismissed my application for deferment of proceedings,” Sibal said. “This court is examining the merit of that judgment. The trial should not proceed while this court is considering the challenge by the accused. Accordingly, the proceedings is stayed until the next date of the hearing,” the SC said. 2.45 ha Patta issued for 2.45ha of land inside sanctuary The matter will be investigated immediately and appropriate action will be taken Delhi High court’s bail order The Supreme Court was hearing a plea against an order of bail granted to a Nigerian national by the Delhi High Court in a case registered under the Narcotic Drugs and Psychotropic Substances Act. The order required him to share his location with the investigators while on bail “The Ministry of Electronics and Information Technology has given an affidavit and has suggested that as far as working of the Google pin is concerned, it’s appropriate if the information is sought from Google India Pvt Ltd,” the court said. However, during Monday’s hearing, a counsel for Google India said since the product was developed by US-based Google LLC, it would be the appropriate entity to explain how the pin-location feature works. The court took notice of the Aerial view of the building inside Pulicat bird sanctuary Environment Secy Supriya Sahu Supreme Court seeks ‘pin-point’ response from Google tion about their whereabouts, then will it be likely to infringe the individual’s right to privacy or not,” a two-judge bench of the top court, headed by Justice Abhay S Oka and comprising Justice Ujjal Bhuyan asked. On the Union government’s advice, the Supreme Court had on February 23 asked Google India to file a detailed affidavit explaining the technical aspects of pin-location feature on Google Maps. S u c h i t r a K a lya n M o h a n t y @ New Delhi Pvt building comes up in eco-sensitive Pulicat right to privacy S u c h i t r a M o h a n t y @ New Delhi against TN minister in graft case submission and issued a notice to Google LLC. The top court had earlier remarked that requiring the accused to share their Google pin location with investigators prima facie violates the right to privacy of the accused. It had also observed that when an accused has been enlarged on bail by courts with the conditions set by them, it might be improper to know and track his or her whereabouts, as it could hamper their right to privacy . express read Spl ECI team probing `3.98cr seizure: CEO Cong and DMK creating confusion on CAA: Singh Chennai: A day after `3.98 crore was seized from three train passengers who were allegedly linked to BJP’s Tirunelveli candidate Nainar Nagendran, CEO Satyabrata Sahoo said the I-T department and expenditure observer will be directly submitting reports to the ECI, and the commission would take a decision on the issue. A special ECI team is also investigating it, he said | P4 Namakkal: Defence Minister Rajnath Singh on Monday asserted that no Indian, irrespective of faith, will lose citizenship after implementation of the Citizenship (Amendment) Act. The Congress and DMK were “creating confusion” over the issue, Singh said after holding a roadshow in support of BJP’s Namakkal candidate K P Ramalingam. “As defence minister I want to say we have confidence in our army, air force and navy. If someone even bats an eyelid, our army is ready to give them a fitting reply,” he said | P4
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