Brief by Shorts91 Newsdesk / 01:28pm on 29 Apr 2024,Monday India
Hemant Bakshi, Ola Cabs CEO, stepped down just four months into the role amid a restructuring effort expected to lead to a 10% job reduction. Bakshi, who joined in January, departs as the firm undergoes changes, including the closure of international operations in select countries. Kartik Gupta and Sidharth Shakdher were recently appointed CFO and CBO respectively. Ola's FY23 Mobility business saw a revenue surge of nearly 58%, reporting a positive EBITDA of ₹250 crore, a stark contrast to the ₹66 crore loss in FY22. The firm recently initiated IPO discussions.
Brief by Shorts91 Newsdesk / 12:36pm on 29 Apr 2024,Monday India Global
According to the Washington Post, ex-RAW officer Vikram Yadav orchestrated a plan to attack Khalistani figure Gurpatwant Singh Pannun on American soil. Yadav purportedly provided Pannun's details, including his New York address, to a hired hit team. India has refuted these allegations, denying any involvement in a supposed murder plot against Pannun. Earlier reports from 2022 revealed a thwarted attempt on Pannun's life, with the US issuing warnings to India. An indictment filed in a Manhattan court implicates a Nikhil Gupta, allegedly working with a high-ranking Indian official, identified as 'CC-1', believed to be Yadav, in the scheme.
Brief by Shorts91 Newsdesk / 12:31pm on 29 Apr 2024,Monday Politics
Woman alleges Prajwal Revanna, grandson of former PM HD Deve Gowda, repeatedly summoned her to his room. She also implicates HD Revanna, Prajwal's father. "After four months of joining, Revanna kept calling me to his room," she stated. Allegations include inappropriate behavior toward female workers and sexual assault claims. Prajwal, currently an MP and NDA candidate, denies allegations. The Karnataka government formed a Special Investigation Team (SIT) to probe the matter. Videos purportedly showing Prajwal engaged in sexual acts surfaced online. Amid accusations, Prajwal reportedly flew to Germany. Karnataka minister Priyank Kharge on Monday accused the BJP-led central government of helping Prajwal flee the country.
Brief by Shorts91 Newsdesk / 12:22pm on 29 Apr 2024,Monday Politics
Arvind Kejriwal's counsel informed the Supreme Court that his arrest lacked legal basis, citing absence from official documents and no prior questioning. Senior advocate Abhishek Manu Singhvi emphasized the need to establish guilt, not mere suspicion, as per the anti-money laundering law. Kejriwal, currently in Tihar jail, challenges his arrest, arguing its political agenda. Refuting allegations of non-cooperation, his affidavit accuses the Central government of misusing investigative agencies for political gains. Despite summonses, Kejriwal's counsel maintains his absence was not grounds for arrest, as the Delhi Chief Minister contends his arrest is an abuse of power.
Brief by Shorts91 Newsdesk / 11:42am on 29 Apr 2024,Monday India
Airports in Jaipur, Kanpur, and Goa faced bomb threats via email, prompting heightened security measures. Authorities suspect the emails are hoaxes and are working to trace the sender. Goa's Dabolim airport received the threat via their official email, leading to a search operation by police and bomb squad. Jaipur International Airport also received a similar email, triggering a search operation with no suspicious findings. Security remains tight, but flight operations continue unaffected. Collaborative efforts between states and police technical cells are underway to apprehend the culprits behind these threats.
Brief by Shorts91 Newsdesk / 11:24am on 29 Apr 2024,Monday Weather & Environment
Sonmarg area of Jammu & Kashmir witnessed an avalanche amidst heavy rain and snow, leading to evacuations. Landslides, including one in Uri near the Line of Control, caused significant damage. The Jammu-Srinagar national highway shut down due to multiple landslides in Ramban district. Mughal road, an alternative route, remained closed for the third consecutive day. Persistent rain raised water levels in rivers, lakes, and streams across Kashmir. The Meteorological Office warns of continued adverse weather for the next 24 hours. Stay updated for further developments on this severe weather situation.
Brief by Shorts91 Newsdesk / 10:48am on 29 Apr 2024,Monday India Global
India and the UK are discussing a deal to build electric propulsion systems for Indian warships, reports The Indian Express. Currently, these ships use diesel or gas turbines. The proposed agreement targets larger warships weighing over 6,000 tonnes. Last month, the UK expressed interest via a letter of intent. Indian officials are reviewing the proposal, with discussions on training, equipment, and infrastructure. Once accepted, the deal will see collaboration between GE Power Conversion and BHEL to develop the 'Integrated Full Electric Propulsion System'.
Brief by Shorts91 Newsdesk / 10:21am on 29 Apr 2024,Monday Business
Domino's Pizza exceeded Wall Street expectations in Q1 with a 5.6% increase in U.S. same-store sales, driven by a revamped loyalty program and enticing promotions. CEO Russell Weiner noted growth in orders across all income groups. Analysts had forecasted a 4.04% rise. Initiatives like the updated loyalty program and a partnership with Uber Eats boosted delivery demand. Promotions, like offering a $3 coupon for online tips over $3, further bolstered consumer interest amid inflation concerns, defying the broader downturn in eating out.
Brief by Shorts91 Newsdesk / 09:52am on 29 Apr 2024,Monday Politics
Delhi CM Arvind Kejriwal's wife, Sunita, and Minister Atishi met him in Tihar Jail. Atishi revealed Kejriwal's concerns centered on Delhi's well-being, particularly education, healthcare, and water supply. He pledged ₹1000 for Delhi women and emphasized adequate water provision for the impending summer. Initially denied visitation, Sunita was permitted after legal intervention. Punjab CM Bhagwant Mann's upcoming meeting highlights support for Kejriwal. This meeting showcases Kejriwal's unwavering dedication to Delhi's welfare despite his confinement.
Brief by Shorts91 Newsdesk / 09:34am on 29 Apr 2024,Monday India Global
During a Khalsa Day event in Toronto, Canadian Prime Minister Justin Trudeau faced pro-Khalistan slogans from the crowd as he addressed the Sikh community. Trudeau assured the community of their rights' protection, stressing Canada's strength lies in its diversity. He emphasized that Sikh values align with Canadian values, promoting unity amidst differences. Trudeau's remarks underscored the significance of inclusivity in Canadian society. This comes amid ongoing discussions and sensitivities surrounding Sikh issues within the country.