510

#India’s Green Energy Potential No Less Than A Goldmine, Says PM

Seeking to ensure green energy growth of India, Prime Minister Narendra Modi on Thursday invited stakeholders from across the globe to invest in renewable energy and related sectors, and said the potential of solar, wind and biogas in India is no less than any goldmine or oil field for the private sector.

He was addressing the first of a series of 12 post-budget webinars organised by the government to seek ideas and suggestions for the effective implementation of the initiatives announced in the Union budget.

509

#Hindenburg Report Fallout: First Time, Value of LIC Holding in Adani Companies Drops Below Purchase Price

The market value of state-owned Life Insurance Corporation (LIC) shareholding in Adani Group’s five big companies has for the first time dipped below its purchase value.

On Thursday, the market value of LIC holding in Adani Group companies (excluding Ambuja Cements and ACC) stood at Rs 26,861.9 crore, almost 11 per cent lower than its purchase value of Rs 30,127 crore.

LIC is the largest domestic institutional shareholder in Adani Group companies and held 9.14 per cent in Adani Ports, 5.96 per cent in Adani Total Gas, 4.23 per cent in Adani Enterprises, 3.65 per cent in Adani Transmission, and 1.28 per cent in Adani Green Energy, in the quarter-ending December 2022.

508

#Infosys: Narayana Murthy Says India Needs ‘Honest’ Culture, Warns Against Moonlighting

Narayana Murthy says India needs ‘honest’ culture, warns against moonlighting

Murthy was speaking at the Asia Economic Dialogue organised by the Ministry of External Affairs in the national capital on Thursday.

The Infosys co-founder opined that only a small section works hard in the country, adding that a majority of people are yet to imbibe the culture essential to fulfil the aspirations of Prime Minister Narendra Modi.

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#Delhi: Shelly Oberoi is New Mayor, Aaley Md Iqbal is Deputy Mayor As AAP Wins Poll

Shelly Oberoi, a first-time councillor from Delhi’s East Patel Nagar ward, is the new mayor of Delhi after the Aam Aadmi Party (AAP) won the mayoral election held by the Municipal Corporation of Delhi (MCD).

The members of Parliament voted first. Officials said that mobile phones were banned inside polling booths and a time frame of 90 minutes was allotted for the members to vote.

Before the Delhi mayor election, another major showdown between AAP and BJP took place after sources in the Lieutenant Governor’s office said that the ministry of home affairs has given sanctions to prosecute Delhi deputy chief minister Manish Sisodia under the Prevention of Corruption Act in the Feedback Unit snooping case.

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#Mumbai-Nagpur Expressway: Another 80 KM of Samruddhi Mahamarg To Be Ready Next Month

Another 80 km of Mumbai-Nagpur Samruddhi Mahamarg, between Shirdi and Bharvir in Nashik, will be ready for public use next month. As this stretch does not have hilly sections, where there is a speed restriction, motorists would be able to accelerate at a speed of 120 kmph.

The 520 km stretch between Shirdi and Nagpur has been in operation since Dec 11, 2022, when Prime Minister Narendra Modi inaugurated it. With the latest stretch getting ready and planned to be opened for the public later in March or in April, only about 100 km of the 701 km will be pending.