Tag: crash

Adani stocks crash: SC orders setting up of panel headed by ex-judge Sapre

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New Delhi: The Supreme Court on Thursday ordered setting up of a six-member committee headed by former apex court judge Justice A M Sapre to investigate the recent Adani Group shares crash triggered by the Hindenburg Research’s fraud allegations and other regulatory aspects related to stock markets.
The court asked the panel to submit its report in a sealed cover within two months.
The top court observed that the PILs pertained to “the loss of investors’ wealth over the past few weeks due to the steep decline of share prices of Adani group companies, precipitated by the Hindenburg Research report which alleged manipulations and malpractices by the Adani group companies” and also directed market regulator SEBI (Securities and Exchange Board of India) to complete its ongoing probe into the issue in two months and file a status report.
Besides former apex court judge Justice Sapre, the other members of the court-appointed panel will be “O P Bhat (former Chairman of SBI), Justice J P Devadhar (retired judge of the Bombay High Court), K V Kamath, Nandan Nilekani, Somasekharan Sundaresan”.
A bench headed by Chief Justice D Y Chandrachud directed the Centre, financial statutory bodies and the SEBI chairperson to render all cooperation to the Justice Sapre panel which will have to submit its report in a sealed cover within two months in the court.
The remit of the Committee shall be to provide an overall assessment of the situation including the relevant causal factors which have led to the volatility in the securities market in the recent past, the court said.
The committee will “suggest measures to strengthen investor awareness and to investigate whether there has been a regulatory failure in dealing with the alleged contravention of laws pertaining to the securities market in relation to the Adani Group or other companies,” it said.
It will suggest measures to strengthen the statutory or regulatory framework, and secure compliance with the existing framework for the protection of investors, it said.

The court directed the SEBI to inform the court-appointed committee of domain experts about the steps taken by it so far during the ongoing probe.
The bench, however, clarified that the constitution of the committee was not an “adverse reflection” on the functioning of the regulatory agencies.
The bench, which also comprised Justices P S Narasimha and J B Pardiwala, in a judgement, said the panel will make an overall assessment of the situation, suggest measures to make investors aware and strengthen existing regulatory measures for stock markets.
The court also asked it to examine if there was a violation of market regulations, short selling norms or stock price manipulations.
On the ambit of the probe to be conducted by the panel, the bench said it would “provide an overall assessment of the situation including the relevant causal factors which have led to the volatility in the securities market in the recent past.”
The committee will also suggest measures to increase “investor awareness” besides investigating whether there was any regulatory framework to deal with the recent alleged violations of law in the securities market.
The Justice Sapre panel will be suggesting “measures to strengthen the statutory framework and regulatory framework and secure compliance with the existing framework for the protection of existing investors.”
“The Committee is at liberty to seek recourse to external experts. The honorarium payable to the members of the committee shall be fixed by the Chairperson and shall be borne by the Union Government,” it said.
The Union Ministry of Finance shall nominate a senior officer to act as a nodal officer to provide logistical support to the panel, it said.
The apex court said in order to protect Indian investors against the volatility of the kind which has been witnessed in the recent past, it was of the view that it is appropriate to constitute an expert committee for the assessment of the extant regulatory framework and for making recommendations to strengthen it.
The top court requested the SEBI Chairperson to ensure that all requisite information is provided to the Committee.
” All agencies of the Union Government including agencies connected with financial regulation, fiscal agencies and law enforcement agencies shall cooperate with the Committee. The Committee is at liberty to seek recourse to external experts in its work.
“The honorarium payable to the members of the Committee shall be fixed by the Chairperson and shall be borne by the Union Government. The Secretary, Ministry of Finance shall nominate a senior officer who will act as a nodal officer to provide logistical assistance to the Committee,” it said.
The top court said all the expenses incurred in connection with the work of the Committee shall be defrayed by the Union Government.
“The Committee is requested to furnish its report in a sealed cover to this Court within two months,” it said.
On February 17, the top court, while reserving its verdict on setting up of the panel, had said that it will maintain “fullest transparency” to protect investor interest and refused to accept the Centre’s suggestion given in a sealed cover on it.
On February 10, the top court had said the interest of Indian investors need to be protected against market volatility in the backdrop of the Adani Group stocks rout and asked the Centre to consider setting up a panel of domain experts headed by a former judge to look at strengthening the regulatory mechanism.
The Centre had agreed to the apex court’s proposal to set up a committee, to be headed by a former Supreme Court judge, to go into the regulatory regimes.
SEBI, in its note filed in the top court, had indicated it is not in favour of banning short-selling or sale of borrowed shares, and said it is investigating allegations made by a tiny short-seller against the Adani Group as well as its share price movements.
Till now, four PILs have been filed in the top court on the issue by lawyers M L Sharma, Vishal Tiwari, Congress leader Jaya Thakur and Mukesh Kumar, who claims to be a social activist.
Adani Group stocks have taken a beating on the bourses after the Hindenburg Research made a litany of allegations, including fraudulent transactions and share-price manipulation, against the business conglomerate.
The Adani Group has dismissed the charges as lies, saying it complies with all laws and disclosure requirements.
(Except for the headline, this story has not been edited by Siasat staff and is published from a syndicated feed.)
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( With inputs from www.siasat.com )

March 2, 2023
Adani stocks crash: SC orders setting up of panel headed by ex-judge Sapre

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New Delhi: The Supreme Court on Thursday ordered setting up of a six-member committee headed by former apex court judge Justice A M Sapre to investigate the recent Adani Group shares crash triggered by the Hindenburg Research’s fraud allegations and other regulatory aspects related to stock markets.
The court asked the panel to submit its report in a sealed cover within two months.
The top court observed that the PILs pertained to “the loss of investors’ wealth over the past few weeks due to the steep decline of share prices of Adani group companies, precipitated by the Hindenburg Research report which alleged manipulations and malpractices by the Adani group companies” and also directed market regulator SEBI (Securities and Exchange Board of India) to complete its ongoing probe into the issue in two months and file a status report.
Besides former apex court judge Justice Sapre, the other members of the court-appointed panel will be “O P Bhat (former Chairman of SBI), Justice J P Devadhar (retired judge of the Bombay High Court), K V Kamath, Nandan Nilekani, Somasekharan Sundaresan”.
A bench headed by Chief Justice D Y Chandrachud directed the Centre, financial statutory bodies and the SEBI chairperson to render all cooperation to the Justice Sapre panel which will have to submit its report in a sealed cover within two months in the court.
The remit of the Committee shall be to provide an overall assessment of the situation including the relevant causal factors which have led to the volatility in the securities market in the recent past, the court said.
The committee will “suggest measures to strengthen investor awareness and to investigate whether there has been a regulatory failure in dealing with the alleged contravention of laws pertaining to the securities market in relation to the Adani Group or other companies,” it said.
It will suggest measures to strengthen the statutory or regulatory framework, and secure compliance with the existing framework for the protection of investors, it said.

The court directed the SEBI to inform the court-appointed committee of domain experts about the steps taken by it so far during the ongoing probe.
The bench, however, clarified that the constitution of the committee was not an “adverse reflection” on the functioning of the regulatory agencies.
The bench, which also comprised Justices P S Narasimha and J B Pardiwala, in a judgement, said the panel will make an overall assessment of the situation, suggest measures to make investors aware and strengthen existing regulatory measures for stock markets.
The court also asked it to examine if there was a violation of market regulations, short selling norms or stock price manipulations.
On the ambit of the probe to be conducted by the panel, the bench said it would “provide an overall assessment of the situation including the relevant causal factors which have led to the volatility in the securities market in the recent past.”
The committee will also suggest measures to increase “investor awareness” besides investigating whether there was any regulatory framework to deal with the recent alleged violations of law in the securities market.
The Justice Sapre panel will be suggesting “measures to strengthen the statutory framework and regulatory framework and secure compliance with the existing framework for the protection of existing investors.”
“The Committee is at liberty to seek recourse to external experts. The honorarium payable to the members of the committee shall be fixed by the Chairperson and shall be borne by the Union Government,” it said.
The Union Ministry of Finance shall nominate a senior officer to act as a nodal officer to provide logistical support to the panel, it said.
The apex court said in order to protect Indian investors against the volatility of the kind which has been witnessed in the recent past, it was of the view that it is appropriate to constitute an expert committee for the assessment of the extant regulatory framework and for making recommendations to strengthen it.
The top court requested the SEBI Chairperson to ensure that all requisite information is provided to the Committee.
” All agencies of the Union Government including agencies connected with financial regulation, fiscal agencies and law enforcement agencies shall cooperate with the Committee. The Committee is at liberty to seek recourse to external experts in its work.
“The honorarium payable to the members of the Committee shall be fixed by the Chairperson and shall be borne by the Union Government. The Secretary, Ministry of Finance shall nominate a senior officer who will act as a nodal officer to provide logistical assistance to the Committee,” it said.
The top court said all the expenses incurred in connection with the work of the Committee shall be defrayed by the Union Government.
“The Committee is requested to furnish its report in a sealed cover to this Court within two months,” it said.
On February 17, the top court, while reserving its verdict on setting up of the panel, had said that it will maintain “fullest transparency” to protect investor interest and refused to accept the Centre’s suggestion given in a sealed cover on it.
On February 10, the top court had said the interest of Indian investors need to be protected against market volatility in the backdrop of the Adani Group stocks rout and asked the Centre to consider setting up a panel of domain experts headed by a former judge to look at strengthening the regulatory mechanism.
The Centre had agreed to the apex court’s proposal to set up a committee, to be headed by a former Supreme Court judge, to go into the regulatory regimes.
SEBI, in its note filed in the top court, had indicated it is not in favour of banning short-selling or sale of borrowed shares, and said it is investigating allegations made by a tiny short-seller against the Adani Group as well as its share price movements.
Till now, four PILs have been filed in the top court on the issue by lawyers M L Sharma, Vishal Tiwari, Congress leader Jaya Thakur and Mukesh Kumar, who claims to be a social activist.
Adani Group stocks have taken a beating on the bourses after the Hindenburg Research made a litany of allegations, including fraudulent transactions and share-price manipulation, against the business conglomerate.
The Adani Group has dismissed the charges as lies, saying it complies with all laws and disclosure requirements.
(Except for the headline, this story has not been edited by Siasat staff and is published from a syndicated feed.)
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#Adani #stocks #crash #orders #setting #panel #headed #exjudge #Sapre
( With inputs from www.siasat.com )

March 2, 2023
Student from Kerala dies in UK car crash

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London: A 28 year-old Indian student from Kerala died on the spot after being hit by a car which crashed into a bus stop in UK.
Athira Anilkumar Laly Kumari was pronounced dead at the scene of the collision, which occurred at the junction of Stanningley Road and Cockshott Lane in Leeds last week.
Athira was waiting at the bus stop when a black Volkswagen Golf hit her, as well as another pedestrian in his forties, who continues to recover in a hospital.
“Emergency services attended and found that two pedestrians had suffered serious injuries following the collision, which involved a Volkswagen Golf car and caused damage to a bus stop,” the West Yorkshire Police said.
The Golf driver, a 25-year-old woman, was arrested on suspicion of causing death by dangerous driving and has since been released on bail as enquiries continue into the collision.
Police said that the Golf had travelled on the Armley Gyratory before it drove down Stanningley Road towards Bradford.
Athira, who lived at Armley Road, was a student of Leeds Beckett University. Her relatives have been informed and they are working to bring the dead body, which is kept in the Bradford hospital mortuary, home, media reports quoted Leeds Malayalee Association as saying.

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#Student #Kerala #dies #car #crash
( With inputs from www.siasat.com )

February 27, 2023
Buttigieg to visit scene of Ohio crash Thursday

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While in the eastern Ohio community of about 5,000 people, Buttigieg will receive an update from the National Transportation Safety Board — the lead agency investigating the crash — on its probe, which could take as long as 18 months to complete. He is also expected to meet with DOT officials who arrived on the ground within hours of the derailment.
Buttigieg’s visit comes as Republicans such as Florida Sens. Rick Scott and Marco Rubio have sharply criticized his handling of the issue, including his slowness to visit the scene of the derailment.
It is exceedingly rare for a transportation secretary to visit the site of a train derailment, especially one that resulted in no fatalities — even though this crash has resulted in unusually heavy national media attention, partly driven by the televised image of the accident’s toxic black plume and residents’ anger over the safety of their air and water. About 1,000 train derailments occur each year, according to federal data.
“The secretary is going now that the EPA has said it is moving out of the emergency response phase and transitioning to the long-term remediation phase,” the person familiar with Buttigieg’s thinking told POLITICO.
The trip comes the day after former President Donald Trump was expected to meet with locals Wednesday and deliver cleaning supplies and pallets of bottled water.
“The Department of Transportation will continue to do its part by helping get to the bottom of what caused the derailment and implementing rail safety measures, and we hope this sudden bipartisan support for rail safety will result in meaningful changes in Congress,” DOT said in a statement Wednesday.
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#Buttigieg #visit #scene #Ohio #crash #Thursday
( With inputs from : www.politico.com )

February 22, 2023
Adani row: ‘Were LIC, SBI asked to invest in Adani group despite stocks crash?’

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New Delhi: The Congress on Saturday asked the government whether instructions were issued to LIC and SBI to invest in the Adani Enterprises FPO despite a drastic fall in its share price after a Hindenburg report on the conglomerate.
Posing a set of three questions to the government as part of the party’s “Hum Adani ke Hain Kaun” series, Congress general secretary Jairam Ramesh asked Prime Minister Narendra Modi to break his silence on the issue today.
He claimed that among the anchor investors in the Adani Enterprises follow-on public offering (FPO) were the Life Insurance Corporation of India which bid Rs 299 crore, State Bank of India Employees’ Pension Fund which bid Rs 99 crore, and SBI Life Insurance Company which bid Rs 125 crore.
“These publicly owned institutions participated in the FPO despite the fact that the market price had dropped far below the issue price and that both LIC and SBI already owned large chunks of Adani Group equity. Were instructions issued to LIC and SBI to deploy the savings of crores of Indians to once again bail out the Adani Group,” he asked in a statement.
Posting the questions, Ramesh tweeted, “Mahashivaratri today and along with it here is HAHK (Hum Adani ke Hain Kaun)-13. The 13th set of questions to the PM. Aaj Toh Chuppi Todiye Pradhan Mantriji (Break your silence today, Prime Minister)!”
Mahashivaratri today and along with it here is HAHK ( Hum Adanike Hain Kaun)-13. The 13th set of questions to the PM.
Aaj Toh Chuppi Todiye Pradhan Mantriji! pic.twitter.com/Qli96Q6It0
— Jairam Ramesh (@Jairam_Ramesh) February 18, 2023
Under the HAHK series, the opposition party has been posing questions to the government on the Adani issue.
In its latest set of questions to the prime minister, the Congress asked, “Is it true that a high-profile Union Minister with longstanding commercial links made personal calls to five-six of the most well-known businesspersons on behalf of Gautam Adani and asked them to invest their personal funds in the FPO to save Gautambhai from embarrassment? Does this not represent a conflict of interest worth investigating? Did this Union Minister act on instructions from you?”
The Congress leader also asked if the family offices that were pressured to bail out the Adani FPO given assurances that this was only to save Gautam Adani’s reputation and that the FPO would be subsequently cancelled and the money returned to the investors.

“Is it not a violation of Indian securities regulations to hide this relevant information from most investors and only to share it with a select few? Is it ethical to dupe FPO investors in this way,” he asked.
Recently, Adani Group stocks had taken a beating on the bourses after the Hindenburg Research made a litany of allegations, including fraudulent transactions and share-price manipulation, against the business conglomerate.
The Gautam Adani-led group has dismissed the charges as lies, saying it complies with all laws and disclosure requirements.
The Congress has demanded a joint Parliamentary Committee probe into the Adani issue. The opposition party also stalled proceedings of both Houses of Parliament during the first part of the Budget Session.

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#Adani #row #LIC #SBI #asked #invest #Adani #group #stocks #crash
( With inputs from www.siasat.com )

February 18, 2023
EPA chief promises results after Ohio train crash

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His visit came as the Biden administration is facing pressure from state leaders and federal lawmakers of both parties to require Norfolk Southern to clean up its toxic pollution.
Regan said EPA was conducting indoor testing and had so far cleared 480 homes as free of vinyl chloride and hydrogen chloride, two of the most dangerous of the chemicals that were transported by the train. He also noted EPA has been conducting round-the-clock air monitoring from ground sources and via the agency’s sniffer plane.
State and local agencies are also conducting tests of public drinking water supplies. Ohio EPA Director Anne Vogel said tests of municipal wells showed no signs of contaminants, though owners of private wells should have them tested before drinking from them. Bottled water is available in the interim.
Regan said at the news conference that Norfolk Southern will pay for the response.
“We are absolutely going to hold Norfolk Southern accountable and I can promise you that,” he said.
Norfolk Southern President and CEO Alan Shaw wrote in an open letter to the town on Thursday that the railroad “will stay here for as long as it takes to ensure your safety and to help East Palestine recover and thrive.” However, he angered residents by declining to attend a Wednesday night town hall on the disaster.
EPA formally informed Norfolk Southern last week that it is potentially liable to pay for all clean-up costs related to the derailment. The company has said it “is willing to perform or finance the response activities related to the incident.”
Regan’s visit prompted bipartisan comity among lawmakers who represent the area.

“Administrator Regan, I want to thank you for coming in today. It means a lot to these folks here,” said Rep. Bill Johnson (R-Ohio).
However, the incident has also stirred up bipartisan complaints, both about the Biden administration’s immediate response and longer-term issues with regulatory oversight over the shipment of hazardous materials.
“While I am glad EPA Administrator Regan will visit the site today, it is unacceptable that it took nearly two weeks for a senior administration official to show up,” Sen. Joe Manchin (D-W.Va.) said in a statement. He called on the administration “to provide a complete picture of the damage and a comprehensive plan to ensure the community is supported in the weeks, months and years to come, and this sort of accident never happens again.”
Sens. J.D. Vance (R-Ohio) and Marco Rubio (R-Fla.) in a Wednesday letter to Transportation Secretary Pete Buttigieg questioned federal oversight of the railroad industry. “It is not unreasonable to ask whether a crew of two rail workers, plus one trainee, is able to effectively monitor 150 cars,” they wrote.
Rubio has gone even further in his criticisms of Buttigieg.
“I don’t know what @SecretaryPete needs to do to get fired,” he tweeted on Thursday.
Sen. Sherrod Brown (D-Ohio) said on Thursday that he’s investigating whether trains carrying hazardous materials are required to be labeled, which could help responders better understand and react to tankers’ contents.
“But we think we might need a change in federal law and Bill [Johnson] and I will work on that,” Brown said.
Tension in the village has been building since the train crashed, especially after officials decided to burn off the remaining vinyl chloride at the site to prevent an explosion.
Hundreds of residents attended Wednesday’s town hall, but Norfolk Southern representatives declined to attend because of alleged threats against its employees.
“We have become increasingly concerned about the growing physical threat to our employees and members of the community around this event stemming from the increasing likelihood of the participation of outside parties,” the company said in a statement ahead of the meeting.
Vinyl chloride is a clear gas used to make polyvinyl chloride, a common form of plastic. Acute exposure can lead to nervous system effects like dizziness and headaches. Chronic exposure can lead to liver problems, including a rare form of cancer called angiosarcoma.
The train was carrying a variety of substances in addition to five tankers of vinyl chloride, according to a manifest dated Feb. 12 released by EPA. Other derailed cars included hazardous materials such as butyl acrylate, ethylene glycol and monobutyl ether. Also on the train in cars that do not appear to have derailed were solid plastics products such as polyethylene and polypropylene, several tankers full of petroleum lube oil, and nine box cars full of malt liquors.

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( With inputs from : www.politico.com )

February 17, 2023
At least 39 migrants killed in Panama bus crash after crossing Darién Gap

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At least 39 migrants have been killed in a gruesome bus accident in Panama after trekking for days through the Central American country’s southern jungles on their way to a new life in the US.
The accident took place in the early hours of Wednesday as a convoy of buses traveled from Panama’s border with Colombia towards a migrant reception centre near the town of Gualaca.
“We are in a disaster situation,” Dr Katherine Guerra, the emergency department chief at a hospital in the city of David, told reporters as survivors were rushed there with exposed fractures and severe abdominal injuries.
“There were families, children, newborn babies, elderly women,” one Venezuelan migrant who was at the scene told the newspaper La Estrella de Panamá.
Panama’s president, Nito Cortizo, said government teams were working “arduously” to help survivors and tweeted: “This is deplorable news for Panama and the region.”
Map of the Darién gap
The names and nationalities of those killed were not immediately clear but Gualaca’s mayor, Luis Manuel Etribí Miranda, told reporters he believed most were from Haiti.

Cuba’s foreign minister, Bruno Rodríguez Parrilla, said citizens of his country were also involved and sent his condolences to victims of the “terrible accident”.
Tens of thousands of Haitians have poured through the perilous rainforests of the Darién Gap between Colombia and Panama in recent years as their Caribbean homeland has fallen deeper into humanitarian and political crisis.
Many thousands of Cubans have made the same journey hoping to outrun growing political persecution and economic strife back home.
Nearly 70,000 Venezuelans also travelled through the Darién last year as their country continued to reel from one of the most severe economic collapses outside of a war zone in recent world history. A total of nearly 250,000 people made the journey last year compared with about 133,000 in 2021, according to official statistics.
Panama’s migration chief, Samira Gozaine, told reporters that authorities believed the accident had happened after the bus missed a turn into the migrant centre where it was supposed to leave its 66 passengers. Local reports said the driver lost control of the vehicle after turning back and the bus plunged off an escarpment, leaving dozens of passengers dead.
The Human Rights Watch activist Juan Pappier called the accident a disaster foretold. “When I visited this region, we saw that these buses carried more people than permitted and made long journeys without breaks. There have been similar accidents in the past, with numerous injured,” Pappier tweeted.

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( With inputs from : www.theguardian.com )

February 16, 2023
Tesla crash: Indian-American who drove family off cliff pleads not guilty

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New York: An Indian-American, who was accused of deliberately driving his Tesla off a California cliff with his wife and children inside, has pleaded not guilty to attempted murder.
Dharmesh A. Patel, 41, of Pasadena has been charged with “attempted first-degree murder and child abuse, as well as enhancements for great bodily injury and domestic abuse”.
Appearing before a Redwood City courthouse last week, Patel, a radiologist at Providence Holy Cross Medical Center in Los Angeles, entered his not-guilty plea.
If convicted on the three counts of murder charges, Patel could get a life sentence in prison.
According to The New York Post, Patel has tapped a prominent California attorney, Joshua Bentley, to defend his case, and has a preliminary hearing scheduled for March 20.
San Mateo District Attorney Steve Wagstaffe said that statement from Patel’s wife as well as witness accounts from other motorists and video of the roadway gave enough evidence to frame charges against him.
A San Mateo judge had ordered to hold Patel without bail at the Maguire Correctional Facility, citing the danger he poses to his family.
Patel’s car was travelling south on State Route 1 on January 2 when it went over a 250-foot cliff at Devil’s Slide, south of the Tom Lantos Tunnels, and flipped and landed on its wheels near the water’s edge.

Firefighters had to cut the vehicle to pull Patel’s two children — a seven-year-old girl and a four-year-old boy — from the vehicle. The daughter suffered a serious injury, while the boy escaped with just bruises.
The couple was pulled out of the vehicle’s windows.
Investigators are yet to establish Patel’s motive behind the act.
“We’re looking into what led up to this. Was there depression or anything else? It wasn’t just that he was trying to kill them, he was trying to kill himself too,” Wagstaffe had said in a late January press conference.
Patel has been ordered not to contact his wife or their children.
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#Tesla #crash #IndianAmerican #drove #family #cliff #pleads #guilty
( With inputs from www.siasat.com )

February 14, 2023
Share market crash almost led to the fall of Union govt: Mamata

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Kolkata: West Bengal Chief Minister Mamata Banerjee on Thursday claimed that on the day of the Union Budget on Wednesday, the Union government virtually was on the verge of collapse because of the share market crash.
“The government was on the verge of collapse. Desperate calls were made to some parties to provide funds to that person whose share prices were going down fast,” the Chief Minister claimed at a public rally in East Burdwan district on Thursday.
However, she did not name anybody in this connection.
“I know exactly who all were approached for providing funds. But I do not want to take any names since that would make their lives miserable. At least six individuals were called up. Some were asked to pay around Rs 30,000 crore, some Rs 20,000 crore and some Rs 10,000 crore to that individual whose companies’ share prices fell. How will such a government, which does not have any planning, continue in the long run,” Banerjee asked.
The Chief Minister also termed the income tax relief proposed in the Union Budget 2023-24 as nothing but eye-wash.
“On one hand there were announcements for tax reliefs, and on the other hand the existing concessions on investments made were denied. This is like giving Rs 2 after deducting Rs 2.50,” Banerjee said.
Reacting to her comments, BJP’s national Vice-President and Lok Sabha MP Dilip Ghosh said that the popular Budget presented on Thursday has become a nightmare for the Chief Minister due to which she is making such ‘imaginary’ claims about the collapse of the Union government.
“But she will not be able to fool the people for a long time by making such claims. She is saying such things out of sheer anger and frustration,” Ghosh said.

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#Share #market #crash #led #fall #Union #govt #Mamata
( With inputs from www.siasat.com )

February 2, 2023
iPhone 14 Crash Detection false alarms causing problems in Japan

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Tokyo: False alarms by Apple’s iPhone 14 series’ Crash Detection feature are causing problems in Japan, with fire departments near skiing areas getting more emergency call-outs than usual because of the automated calls.
The Fire and Disaster Management Agency of the Internal Affairs and Communications Ministry has issued a warning to smartphone users regarding crash-detecting technologies in smartphones and other devices, due to an increase in automated attempts to reach for help when it is not necessary, reports AppleInsider.
This problem has been an issue for the Kita-Alps Nagano Fire Department, which handles five municipalities in Nagano prefecture.
The report mentioned that 919 emergency calls were made between December 16, 2022, and January 23, of which 134 were false calls, with most triggered by Crash Detection within a skiing area.
Similarly, Gujo City Fire Department in Gifu prefecture had received 351 emergency calls from January 1 to January 23, of which 135 of the calls were false alarms.
It is possible to turn off the feature, but one firefighter explained that since it is an effective feature in cases where a serious accident actually happened, “we can’t ask users to turn it off”.
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#iPhone #Crash #Detection #false #alarms #causing #problems #Japan
( With inputs from www.siasat.com )

January 30, 2023