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Monday Feb 06, 2023

Adani Power in Trouble | Gautam Adani’s problems are not reducing, now this country has given a big blow


Adani Power

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Delhi: A report by Hindenburg Research has put Adani Group in trouble. Shares of companies have fallen by more than 60 percent. The loss has crossed 10 lakh crores. Adani, who reached the second position in the list of world’s richest businessmen, is no longer even in the top 20. Adani has lost as much wealth in five days as he had earned in the last one year. Now Bangladesh has given a blow to Adani. Now the rest of the country is on alert after the Adani group is in trouble. Bangladesh is also included in this. Bangladesh signed a power purchase agreement with Adani Power Ltd in 2017. Bangladesh has demanded amendment in it. The electricity rates fixed by Adani Group are high. The Bangladesh government has demanded that they should be reduced.

What are the deals between Adani Power and Bangladesh

Adani Power Limited is setting up a power plant in Godda district of Jharkhand. The capacity of this center is 1600 MW. Electricity will be sent to Bangladesh from this center. Bangladesh currently imports 1160 MW of electricity from India. As per the 2017 agreement, 1,600 MW of power generated from the Godda station would be sent to Bangladesh. An agreement has been signed between Adani Group and Bangladesh for 25 years. Bangladesh will get power from Godda from March this year. Bangladesh Power Development Board (BPDB) has sent a letter to Adani Group for changes in the power purchase agreement. Board officials have said that the rates of coal required for the project should be reconsidered. Adani Group has sent a letter to BPDB for coal import. Demand note from BPDB is required to receive letter from Government of India. BPDB officials say that the cost of coal that Adani Power will buy to buy power generation will ultimately fall on Bangladesh.

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What is the demand of Bangladesh?

Adani Group has sent a demand note to Bangladesh. In this, the price of coal has been mentioned as $ 400 (Rs 32,897) per metric ton. BPDB officials have said that this rate is very high. Officials said the price should be $250 (Rs 20,561). The letter mentions that we are calculating the same rate for other power stations as well.



No Sharing Passwords On Netflix | Now the password of Netflix cannot be shared, the company gave a big blow, know how


Netflix

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Delhi: Netflix users are going to get a big shock soon. Netflix, one of the world’s most popular OTT platforms, has decided to crack down on such password sharing. Now only people living in the same household can access each other’s accounts. Those living at other addresses will need to use their own account to watch Netflix. Netflix had earlier said that it would discontinue this password sharing feature from the first quarter of 2023. Recently the results of this company have been announced and the company has said in this report that the company’s revenue has decreased due to users sharing their Netflix accounts.

Four digit code number will be required

The company claims that not sharing account passwords will help the company increase its users. In the future, a user who does not live in a user’s home will not be able to watch Netflix using that user’s password. For this he will have to spend extra. Also, if the user himself moves the device linked to his account to another location, he will need the four-digit code number to play Netflix. After entering this OTP-like code, customers will be able to watch Netflix in the new location, but this facility will also be available only for 7 days. Netflix says that users who travel with the device with the primary account will not have any issues playing Netflix in other places.

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You will have to connect to Wi-Fi at your primary location every 31 days.

For better and easier access to Netflix, the user will have to connect to Wi-Fi at his primary location every 31 days. Netflix has started testing the password sharing feature in Latin American countries such as Argentina, El Salvador, Guatemala, Honduras and the Dominican Republic. If users run their Netflix account outside their home for more than two weeks, they will be charged an additional fee of around $3. At present, there is no definite information on whether this change will occur in other countries. But in 2023, the password sharing feature may be disabled in other countries as well.



Adani Delisted | Big blow to Gautam Adani, Adani Enterprises removed from US stock market


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New York: Indian businessman Gautam Adani is getting new setbacks every day. Now Adani Enterprises has suffered a major setback in the US stock market Dow Jones. Dow Jones has removed Adani Enterprises from the S&P index. Dow Jones New York Stock Exchange has given this information. After this decision of Dow Jones, there was a lower circuit in the shares of Adani Enterprises in India. There was a big fall in this stock. Adani Power’s stock has also hit lower circuit. Adani Port has declined by 10% (Stock Down Of Adani). Shares of Adani Green Energy and Adani Total Gas have also come on the lower circuit.

NSE bans Adani Port stock purchase

The American Stock Exchange has announced the removal of Adani Enterprises from the S&P Dow Jones Sustainability Index. The stock exchange said in a statement that Adani Enterprises will be delisted from the S&P Dow Jones Sustainability Index with effect from February 7, 2023. NSE has taken a big decision with the aim of preventing huge fluctuations in the shares of Adani Group. NSE has banned F&O stock purchase of Adani Port. Adani Ports and Enterprises will be monitored. Gautam Adani has been shocked by a report from America’s well-known investment research firm Hindenburg. The report has made serious allegations against the Adani Group. The group reshuffled the shares and committed alleged irregularities in the audit. Undoubtedly this report has increased the concern of Adani Group.

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Adani’s wealth declined by 17.38%

Adani Group has denied the allegations made in the report and has started preparing for legal action. But till then this report has done a lot of damage to Adani. According to the Forbes Billionaires Index, Adani’s wealth has declined by 17.38 percent in the last 24 hours. The FPO of Adani Enterprises was discussed in the market for a few days. Adani Enterprises launched FPO even after Hindenburg report. Its duration was till 31 January 2023. During this the investors replied to him. The company had brought an FPO of Rs 20,000 crore. Even after the subscription of this FPO, the company took a historic decision to cancel it. It was claimed on behalf of the company that the company has taken this decision to protect investors from financial loss.



Gratuity-Pension Rule | ..so forget pension and gratuity, now government employees get a blow from the center


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Delhi: The Central Government has given a big blow to the government employees. There has been a big change in the rules for them. At present, the first blow will be felt by the central employees. After that the employees of the states will come on the radar. The Center has already warned the employees. If the employees ignore it, then they will not get Gratuity or Pension. If a central employee is found guilty of any serious crime, bribery or laxity during his work, he will not get pension and gratuity benefits after retirement.

Central government issued notification

The Central Government has issued a notification regarding the Central Civil Services (Retirement) Rules 2021. The Central Government has made a major change in the CCS (Pension) rule. This change has been made in its Rule 8. A revised rule has now been added to this rule. This information has been given in the notification in this regard. The central government has sent information about these changed rules to all central departments and agencies. The delinquent employees have been directed to take immediate action as per the new rules.

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Head of office responsible for encashment of pension and gratuity

The Head of Office will be responsible for the process of encashment of pension and gratuity of such employee. Ordered to start this process with immediate effect. As per rules, if any departmental enquiry, judicial enquiry, action is pending against any employee, then he will have to inform the concerned department. If the employee is found guilty in this, then his pension and gratuity will not be given.



Google vs CCI | Supreme Court gives a big blow to Google, refuses to interfere in NCLAT’s interim order


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New Delhi : The Supreme Court has given a big blow to Google. Because the Supreme Court has categorically refused to interfere in the interim order of NCLAT. Not only this but Google’s petition has been sent back to the tribunal and asked to decide the matter by March 31.

The Supreme Court gave Google India one week to comply with the National Company Law Appellate Tribunal (NCLAT) order imposing Rs 1,337.76 crore fine by the Competition Commission of India for alleged anti-competitive practices. It was directed to deposit 10% of the fine of Rs.

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A Google spokesperson said that we are reviewing the details of yesterday’s decision. which is limited to interim relief and does not decide the merits of our appeal. We remain committed to our users and partners and will cooperate with the CCI on the way forward, parallel to our appeal.



Himachal VAT | Himachal: The new Sukhu government gave a big blow to the people of inflation! VAT on diesel increased by Rs 3


Petrol

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New Delhi. Where on one hand, the people of the country are shocked by the prices of petrol and diesel. At the same time, diesel has become costlier in Himachal Pradesh. Yes, along with the appointment of new ministers, the Sukhu government has given a major blow to the people of the state.

increased diesel rates

In fact, now the Sukhu government has increased VAT on diesel in the state. Due to this, the price of diesel in the state has now reached above Rs.86 instead of Rs.83 per litre. And according to the new notification, now diesel has become costlier by Rs 3.01 per litre.

Sukhu government’s notification issued

Under this, a new notification has also been issued by the Governor revising the rates under VAT Act 2005. Also, this notification came into force with immediate effect on Saturday late night. Where till now diesel was available around Rs.83 in various areas of the state, now it will be available at Rs.86/litre.

VAT charged as such

In fact, now the Tax and Excise Department has increased the VAT on diesel from last Saturday night itself. In such a situation, now the VAT on diesel which was Rs 4.40 per liter has been increased to Rs 7.40. And in Shimla, diesel has now been priced at Rs 86.17 per liter from Rs 83.16 per litre.

It may be noted that cabinet expansion has taken place in Himachal Pradesh today itself. Today, i.e. on Sunday, December 8, CM Sukhwinder Singh Sukhu expanded his cabinet. In which 7 MLAs have been made ministers. This time Vikramaditya Singh, son of former state Chief Minister Virbhadra Singh, has also been included in the cabinet.



Amazon Layoffs | Big blow to Amazon employees once again, company will show the way out to 18,000 people


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New Delhi : The world’s largest retail company Amazon has started the Amazon Layoffs process in its company on a large scale. The company has announced this through a letter. This is a big blow for Amazon employees because this time Amazon is going to retrench its employees on a larger scale.

issued note

Let us tell you that the CEO of the company Andy Jassy himself has given information about the retrenchment of the employees. Not only this, a note has also been issued by Andy Jessie. Through which it has been told that the company will lay off 18,000 employees.

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layoffs happened before

Significantly, earlier Amazon had announced the exit of its 10,000 employees. After which the truncation process was also done. Due to the global recession, companies all over the world are showing the way out to the employees.

This is how the layoff will happen

The job cuts at retail giant Amazon will be focused on Amazon’s devices unit, which includes voice-assistant Alexa, and its retail and human resources divisions, according to media reports.



LPG Cylinder Price | On the very first day of the new year, people got a big ‘blow’ of ‘inflation’, gas cylinders became expensive, know the new rates


lpg gas cylinder

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New Delhi. Today, on the first day of the new year, the general public has again got a shock regarding the LPG Cylinder Price. Although there may not have been any change in the price of domestic gas cylinders on the first day of the year 2023, the price of commercial gas cylinders has seen an increase today.

Yes, today there has been a rise in the price of commercial gas cylinders. This time this increase has come from Rs 24 to Rs 25.5. At the same time, no change has been seen in the prices of domestic gas cylinders. Although last year 2022, the price of domestic gas cylinder was seen to increase 4 times, but since July 2022, there has not been any major change in it.

Let us also tell you that, how much have the prices of commercial and domestic gas cylinders become in the four major metropolitan cities of the country today.

  • Delhi: Due to the increase of Rs 25 in the price of commercial gas cylinder, now the price has become Rs 1769.
  • Kolkata: Due to an increase of Rs 24 in the price of commercial gas cylinder here, now Rs 1869.5 will have to be paid for it.
  • Mumbai: Due to an increase of Rs 25 in the price of commercial gas cylinder, now its price has increased to Rs 1721.
  • Chennai: The price of commercial gas cylinder has increased by Rs 25.5, now the price is Rs 1917.

No change in the price of domestic gas cylinder

  • Delhi: The price of domestic gas cylinder is currently Rs 1053.
  • Kolkata: From July the price here is only Rs 1079.
  • Mumbai: The price of domestic gas cylinder is Rs 1052.50 / cylinder.
  • Chennai: At present only Rs 1068.50 will have to be paid for domestic gas cylinder.



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