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☆ Heavy machinery brought in to pull out Indian workers from collapsed tunnel
▼ + stars: | 2023-11-14 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

Members of rescue teams are pictured during a rescue operation after a portion of an under-construction tunnel collapsed in Uttarkashi in the northern state of Uttarakhand, India, October 13, 2023. Uttarakhand State Disaster Response Force/Handout via REUTERS Acquire Licensing RightsLUCKNOW, India, Nov 14 (Reuters) - Excavators began drilling with heavy machinery on Tuesday to fix a wide steel pipe that will help pull out almost 40 Indian workers trapped inside a collapsed Himalayan highway tunnel that caved in two days ago in the north Indian state of Uttarakhand. Patwal said it was not easy to ascertain the time required to pull out the workers. But some work has been halted by local authorities after hundreds of houses were damaged by subsidence along the routes, including in Uttarakhand. Reporting by Saurabh Sharma in Lucknow and Tanvi Mehta in New Delhi; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Devendra Singh Patwal, Patwal, Char, Narendra Modi's, Saurabh Sharma, Tanvi Mehta, Stephen Coates Organizations: Disaster, REUTERS Acquire, Thomson Locations: Uttarkashi, Uttarakhand, India, LUCKNOW, North India, Lucknow, New Delhi

☆ Indian Workers Remain Trapped in Collapsed Tunnel as Rescue Hampered
▼ + stars: | 2023-11-14 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

By Saurabh SharmaLUCKNOW, India (Reuters) - Rescue teams were unable on Wednesday to reach 40 workers trapped in a collapsed highway tunnel in India, as huge boulders were blocking efforts to create an evacuation passage, officials said. It has been three days since the tunnel collapsed but the labourers continue to be safe and healthy, one official involved in the rescue operations told Reuters. The trapped men have been given food, water and oxygen through a pipe since Sunday morning, after the tunnel caved in at 5:30 a.m. (0000 GMT). Naveen, relief commissioner of Uttar Pradesh state, told Reuters. Local media reported on Tuesday that those near the exit of the tunnel got out, while the 40 who were deeper inside were trapped.

Persons: Saurabh Sharma, G.S, Naveen, Narendra Modi's, Tanvi Mehta, Raju Gopalakrishnan Organizations: Reuters Locations: Saurabh Sharma LUCKNOW, India, New Delhi, Uttar Pradesh, Uttarakhand, Lucknow

☆ Rescuers Hopeful of Reaching Trapped Labourers in Collapsed Indian Tunnel
▼ + stars: | 2023-11-13 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

By Saurabh SharmaLUCKNOW, India (Reuters) - Rescuers were able to make contact on Monday with 40 labourers trapped in a collapsed tunnel in the Himalayan state of Uttarakhand and were hopeful they would be rescued soon, an official said. The tunnel, which was being constructed on a national highway that is part of a Hindu pilgrimage route, collapsed early Sunday morning. "Food and water was supplied to the labourers and we are hopeful that the rescue operation will be completed soon. Uttarakhand in north India is vulnerable to landslides, earthquake and floods. It aims to connect four important Hindu pilgrimage sites of North India through 889 kilometres (552 miles) of two-lane road being constructed at a cost of $1.5 billion.

Persons: Saurabh Sharma, Arpan Yaduvanshi, Char, Narendra Modi's, Kanjyik Ghosh, Shri Navaratnam Organizations: Rescuers, Reuters Locations: Saurabh Sharma LUCKNOW, India, Uttarakhand, North India

☆ Here are the top 5 ‘best in class’ stocks coming out of earnings, Bank of America says
▼ + stars: | 2023-11-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Analysts at Bank of America unveiled a slew of stocks this week that they say are firing on all cylinders as earnings season wraps up. "SLB looks best positioned for strong earnings growth and multiple expansion with strengthening [free cash flow] in 2024-25," Pant wrote. SLB - buy rating "Current cycle is to SLB's advantages in technology & INTL. KLA Corporation - buy rating Resilient growth, best in class cash flow generation, reiterate Buy. Nextracker - buy rating Three earnings post IPO comes with three sequential beat & raise events & we believe there is room for several more.

Persons: Saurabh Pant, Pant, Julien Dumoulin, Smith, Nextracker, Vivek Arya, Arya, SLB Organizations: Bank of America, CNBC, General Dynamics, Ford, KLA Corporation, drillers, NXT, KLA Corp, Dynamics, Aero Locations: Nextracker, Pant

☆ Rescuers struggle to find Nepal quake survivors, deaths at 137
▼ + stars: | 2023-11-04 | by ( Gopal Sharma | ) www.reuters.com time to read: +4 min

[1/5] A damaged building is seen after an earthquake in Jajarkot, Nepal, November 4, 2023. Officials said 99 people were killed in Jajarkot and 38 in neighbouring Rukum West district, both in Karnali province. At least 85 people were injured in Rukum West and 55 in Jajarkot, an official in the prime minister's office said. Thousands of residents spent the entire night in cold, open grounds because they were too scared to go in into the cracked houses as aftershocks struck," Sharma said. Local TV channels showed rescuers digging through the rubble with their bare hands looking for survivors in the debris of collapsed houses.

Persons: Harish Chandra Sharma, Sharma, Pushpa Kamal Dahal, Krishna Bhandari, Narendra Modi, Gopal Sharma, Saurabh Sharma, YP Rajesh, William Mallard Organizations: REUTERS Acquire, Seismological, German Research Centre, Geosciences, U.S . Geological, Reuters, Authorities, Indian, YP, Thomson Locations: Jajarkot, Nepal, New Delhi, Kathmandu, Rukum West, Karnali province, Ramidanda, Surkhet, Chaurjahari, Rukum, India, Uttar Pradesh, Uttarakhand, LUCKNOW

☆ Rescuers Struggle to Find Nepal Quake Survivors, Deaths at 137
▼ + stars: | 2023-11-04 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +4 min

"The number of injured could be in the hundreds and the deaths could go up as well," Jajarkot district official Harish Chandra Sharma told Reuters by phone. Officials said 99 people were killed in Jajarkot and 38 in neighbouring Rukum West district, both in Karnali province. At least 85 people were injured in Rukum West and 55 in Jajarkot, an official in the prime minister's office said. Thousands of residents spent the entire night in cold, open grounds because they were too scared to go in into the cracked houses as aftershocks struck," Sharma said. Local TV channels showed rescuers digging through the rubble with their bare hands looking for survivors in the debris of collapsed houses.

Persons: Gopal Sharma, Harish Chandra Sharma, Sharma, Pushpa Kamal Dahal, Krishna Bhandari, Narendra Modi, Saurabh Sharma, YP Rajesh, William Mallard Organizations: Seismological, German Research Centre, Geosciences, U.S . Geological, Reuters, Authorities, Indian, YP Locations: Gopal Sharma KATHMANDU, Nepal, New Delhi, Kathmandu, Jajarkot, Rukum West, Karnali province, Ramidanda, Surkhet, Chaurjahari, Rukum, India, Uttar Pradesh, Uttarakhand, LUCKNOW

☆ India win low-scoring contest to heap more misery on England
▼ + stars: | 2023-10-29 | by ( Saurabh Sharma | ) www.reuters.com time to read: +1 min

Rohit Sharma saved India's blushes with a captain's knock of 87 in what initially appeared a below-par total of 229-9 on a tricky surface at the Ekana Stadium in Lucknow. Put into bat, the hosts slumped to 40-3 in the 12th over before Rohit forged a 91-run partnership with KL Rahul (39) to arrest their slide. Suryakumar Yadav contributed a breezy 49 down the order and India's tailenders scored some useful runs towards the end to take them past the 225-mark. England were reduced to 52-5 inside 16 overs in a remarkable batting capitulation and were eventually bundled out for 129 in inside 35 overs with Mohammed Shami claiming 4-22 for India. Writing by Amlan Chakraborty in New Delhi; editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Bharat Ratna, Atal Bihari, India's Mohammed Shami, England's Moeen Ali, Adnan Abidi, Rohit Sharma, India's, Rohit, Suryakumar Yadav, India's tailenders, Mohammed Shami, Liam Livingstone's, Amlan Chakraborty, Pritha Sarkar Organizations: Cricket, ICC Cricket, Atal Bihari Vajpayee Ekana Cricket, KL Rahul REUTERS, England, KL, Thomson Locations: India, England, Lucknow, LUCKNOW, New Delhi

☆ World Cup title defence in shreds but England relishing India clash
▼ + stars: | 2023-10-28 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

LUCKNOW, India, Oct 28 (Reuters) - England's World Cup title defence may be in tatters after four defeats in five matches but assistant coach Marcus Trescothick said on Saturday their sagging fortunes won't stop them from relishing their blockbuster clash with hosts India. England won the title on home soil in 2019 and came into the showpiece as favourites after also capturing the Twenty20 World Cup last year, but defeats by New Zealand, Afghanistan, South Africa and Sri Lanka have left them on the brink of elimination. "Playing against India in a World Cup in their own country is a special part of the game. You get these opportunities that come around - you know there'll be a big crowd, there'll be a wonderful occasion," Trescothick told reporters. Trescothick said England had not lost faith in the 50-overs format having lifted the title at the last World Cup.

Persons: Marcus Trescothick, Trescothick, there'll, Saurabh Sharma, Shrivathsa Sridhar, Hugh Lawson Organizations: England, New, India, Thomson Locations: LUCKNOW, India, tatters, New Zealand, Afghanistan, South Africa, Sri Lanka, England, Lucknow, Jos, Bengaluru

☆ Valuations in Indian market are 'more than warranted,' says investment management firm
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValuations in Indian market are 'more than warranted,' says investment management firmSaurabh Mukherjea of Marcellus Investment Managers says "there is no other market, emerged or emerging, at this scale, growing at this rate."

Persons: Saurabh Organizations: Marcellus Investment

☆ Zampa braves back spasms to reignite Australia's stuttering campaign
▼ + stars: | 2023-10-16 | by ( Saurabh Sharma | ) www.reuters.com time to read: +1 min

LUCKNOW, India, Oct 16 (Reuters) - Australia's Adam Zampa would not rate his performance against Sri Lanka in Monday's World Cup clash among his best but its importance was not lost on the leg spinner. Smarting from back-to-back defeats, five-time champions Australia moved off the bottom of the points table after their five-wicket victory against 1996 champions Sri Lanka. Zampa went wicketless against India and bled 70 runs in his 10 overs for the lone wicket of Rassie van der Dussen against South Africa. The spinner said he did not try anything different against Sri Lanka. "We've got a tough game coming up next against Pakistan but I am going to try and keep things the same for me."

Persons: Adam Zampa, Smarting, Zampa, I've, Rassie van der, We've, Amlan Chakraborty, Ken Ferris Organizations: Sri, Australia, Sri Lanka, India, Thomson Locations: LUCKNOW, India, Sri Lanka, Lanka, South Africa, Pakistan, New Delhi

☆ Mendis happy to take over as Sri Lanka captain
▼ + stars: | 2023-10-15 | by ( Saurabh Sharma | ) www.reuters.com time to read: +1 min

LUCKNOW, India, Oct 15 (Reuters) - Sri Lanka's Kusal Mendis will not change his aggressive batting approach after taking over the captaincy two games into the World Cup when team mate Dasun Shanaka was ruled out of the tournament with injury. Mendis is among the tournament's top scorers with 198 runs in two games and his first match as captain will be Monday's clash with Australia who are also without a win in the group stage. "I am very happy to have the captaincy and I hope to play in the future in the same way as I have played so far, because I don't have anything to change," Mendis told reporters on Sunday. Mendis said Sri Lanka would miss all-rounder Shanaka, describing his absence as a "significant disadvantage". Moreover, when we previously lost Wanidu Hasaranga, we made an addition to the team to compensate for his absence," Mendis said.

Persons: Lanka's Kusal Mendis, Dasun Shanaka, Shanaka, Chamika Karunaratne, Mendis, I've, Wanidu Hasaranga, Rohith Nair, Ed Osmond Organizations: Thomson Locations: LUCKNOW, India, Tuesday's, Pakistan, Australia, Sri Lanka, Bengaluru

☆ Winless Australia struggling to read World Cup wickets, says Cummins
▼ + stars: | 2023-10-15 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

LUCKNOW, Oct 15 (Reuters) - Australia are struggling to read the wickets at the World Cup in India and are adapting to the conditions "on the fly", skipper Pat Cummins said on Sunday as the five-times champions look for their first win of the tournament. Australia are ninth in the standings after they were beaten by India and South Africa in Chennai and Lucknow, respectively. But Cummins said playing a T20 game was very different from the one-day international format. "It's a tricky one, ODI cricket compared to T20s - played over half the game in daylight, half at night," Cummins told reporters. Australia have lost their last four World Cup games stretching back to the 2019 edition.

Persons: Pat Cummins, Cummins, it's, you've, I've, haven't, We've, we've, You've, Rohith Nair, Christian Radnedge Organizations: Australia, Indian Premier League, India, South, Cummins, Australian, Thomson Locations: LUCKNOW, Australia, India, South Africa, Chennai, Lucknow, Sri Lanka, Delhi, Bengaluru

☆ South Africa thump Australia to stay unbeaten at World Cup
▼ + stars: | 2023-10-12 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

LUCKNOW, India, Oct 12 (Reuters) - South Africa crushed Australia by 134 runs to cruise to their second victory at the World Cup, as Quinton de Kock struck back-to-back tons and Aiden Markram made a half-century before the bowlers ripped through the five-times champions on Thursday. South Africa's win was built on a platform provided by De Kock, who made 109 while Markram hit 56 to help the Proteas post 311-7 in 50 overs. South Africa skipper Temba Bavuma (35) gained two reprieves as Australia failed to hold onto difficult chances before Glenn Maxwell (2-34) snared him, but the Proteas marched on as De Kock twice hit Josh Hazlewood into the stands in the 23rd over. Cummins could have had two more wickets but Marcus Stoinis and Mitchell Starc put down chances on a sloppy day in the field but a double strike by Starc (2-53) in the last over kept South Africa from swelling the score. Reporting by Saurabh Sharma in Lucknow; Writing by Shrivathsa Sridhar in Bengaluru; Editing by Ken Ferris and Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Quinton de Kock, Aiden Markram, Kagiso Rabada, Marco Jansen, Keshav Maharaj, Marnus Labuschagne, De Kock, Markram, Pat Cummins, Temba Bavuma, Glenn Maxwell, snared, Proteas, Josh Hazlewood, Spinner Adam Zampa, der, Cummins, Maxwell, Marcus Stoinis, Mitchell Starc, Saurabh Sharma, Shrivathsa Sridhar, Ken Ferris, Toby Davis Organizations: Australia, Sri, South, Thomson Locations: LUCKNOW, India, South Africa, Australia, Africa, Sri Lanka, Lucknow, Bengaluru

☆ Australia's Stoinis in fray for World Cup clash with South Africa
▼ + stars: | 2023-10-11 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

LUCKNOW, India, Oct 11 (Reuters) - Australia all-rounder Marcus Stoinis has shaken off a hamstring problem and is available for their World Cup meeting with South Africa on his familiar hunting ground of Lucknow, captain Pat Cummins said on Wednesday. "He's fit so yeah, we'll announce a team tomorrow but it's a ground he knows pretty well," Cummins told reporters. The wicket looks really good so yeah, he's someone we'll look at pretty closely." The five-times champions will be wary of South Africa, who smashed 428-5 in their opening win over Sri Lanka. "I haven't had a look at it today, but last night it looked really good, really even.

Persons: Marcus Stoinis, Pat Cummins, Stoinis, Cummins, it's, Adam Zampa, Saurabh Sharma, Shrivathsa Sridhar, Christian Radnedge Organizations: Giants, Indian Premier League, IPL, Sri, Thomson Locations: LUCKNOW, India, Australia, South Africa, Lucknow, Chennai, Sri Lanka, Bengaluru

"Its permission to make products using propylene glycol (PG) is cancelled, and it is allowed to make and sell all other products." The Marion factory in Uttar Pradesh was closed in March, after an analysis last year by Uzbekistan's health ministry of two cough syrups made by Marion, Ambronol and DOK-1 Max. India's pharmaceuticals department told parliament that tests had also shown that a sample of propylene glycol (PG), an ingredient of cough syrups taken from Marion's factory contained EG. Reuters has reported that DEG and EG have been used by unscrupulous actors as a substitute for propylene glycol because they are cheaper. Uzbek state prosecutors told a court in Tashkent that distributors of the contaminated Marion syrups paid officials a bribe of $33,000 to skip mandatory testing there.

Persons: Anushree, Shashi Mohan Gupta, Gupta, Rajeev Singh Raghuvanshi, Marion, syrups, Marion syrups, Krishna N, Saurabh Sharma, Clarence Fernandez Organizations: Marion Biotech, Emenox, REUTERS, Reuters, World Health Organization, WHO, EG, Thomson Locations: Uzbekistan, Noida, India, DELHI, Uttar Pradesh, Gambia, Cameroon, Marion, Ambronol, Tashkent

☆ A disturbing AI phenomenon could completely upend the internet as we know it
▼ + stars: | 2023-08-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Generative AI could soon be trained on AI-generated content — and experts are raising the alarm. The new term comes as AI-generated content filled with errors continues to flood the internet. Other AI researchers have coined their own terms to describe the training method. Jathan Sadowski, a senior fellow at the Emerging Technologies Research Lab in Australia who researches AI, called this phenomenon "Habsburg AI," arguing that AI systems heavily trained on outputs of other generative AI tools can create "inbred mutant" responses that contain "exaggerated, grotesque features." These new terms come as AI-generated content has flooded the internet since OpenAI launched ChatGPT last November.

Persons: Jathan, paywalls, Ray Wang, Baji, Cohere, OpenAI, ChatGPT, It's, Gizmodo, Kai, Cheng Yang, OpenAI's chatbot, Yang Organizations: University of Oxford, University of Cambridge, Stanford, Rice, Emerging Technologies, Constellation Research, CNET, Microsoft, Ottawa Food Bank Locations: Australia, Ottawa

Sky-high food inflation after erratic monsoon rains damaged crops and disrupted supply chains. Food inflation for July hit a staggering 11.5%, far more than 4.6% in June and marking a three-year high. Even when customers do purchase fashion items, they buy far fewer than they once would have, some of the managers also said. The downturn in fashion spending has also been accompanied by a slide in spending at restaurant chains like Domino's. In some encouraging signs, tomato prices have eased off peaks and India's central bank chief last week said vegetable prices, which have begun to soften, will decline from September.

Persons: Zink London, Skechers, Kaushik Das, Madan Sabnavis, Anjali Mohanty, Tanvi Mehta, Riddhima, Dhwani Pandya, Jatindra, Saurabh Sharma, Aditya Kalra, Edwina Gibbs Organizations: NEW, Euromonitor, Reuters, Skechers USA, Deutsche Bank, Retail, Bank of Baroda, Dhwani, Thomson Locations: NEW DELHI, MUMBAI, New Delhi, Zink London, Mumbai, Bhubaneswar, Chennai, Lucknow

☆ Prayers, parties, student shows planned in India for moon landing
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +3 min

[1/3] Arun Haryani, an enthusiast with his body painted in tri-colours reacts as he holds up a model of LVM3 M4 which was used in launching of Chandrayaan-3 spacecraft on the eve of its moon landing, in Ahmedabad, India. REUTERS/Amit Dave Acquire Licensing RightsNEW DELHI, Aug 22 (Reuters) - Excitement rose in India on Tuesday on the eve of a much-anticipated moon landing, with prayers held for its success, schools marshalling students to watch a live telecast of the event and space enthusiasts organising parties to celebrate. India's second attempt to land on the moon after a failure in 2019 is being seen as a display of the tenacity of its scientific institutions. Authorities and educators also hope it will encourage scientific inquiry among millions of students in the world's most populous country. Students have sent scores of messages wishing ISRO luck for a successful landing, the agency said.

Persons: Arun Haryani, Amit Dave, Narendra Modi, Narottam Sahoo, Srikant, Nivedita, Saurabh Sharma, Nag Choudhury, Sumit Khanna, Sunil Kataria, Krishn Kaushik, YP Rajesh, Raju Gopalakrishnan Organizations: REUTERS, DELHI, Indian Space Research, ISRO, Reuters, Operations, YP, Thomson Locations: Ahmedabad, India, Russian, Uttar Pradesh, Gujarat, Kolkata, Mumbai, Varanasi, Bengaluru, Lucknow, New Delhi

☆ Over 50 killed in Indian Himalayas as rain triggers landslides
▼ + stars: | 2023-08-14 | by ( Shivam Patel | ) www.reuters.com time to read: +3 min

NEW DELHI, Aug 14 (Reuters) - Torrential rain in India's Himalayas triggered landslides over the weekend that have killed over 50 people, with the death toll expected to rise as more than 20 remain trapped or missing, officials said on Monday. Television footage from India's Himachal Pradesh state showed houses flattened by landslides, buses and cars hanging on the edge of precipices after roads gave way, and hundreds of people at rescue sites as emergency workers struggled to clear debris. [1/3]Rescue workers remove the debris as they search for survivors after a landslide following torrential rain in Shimla in the northern state of Himachal Pradesh, India, August 14, 2023. Schools and other educational institutes were ordered to close in Himachal Pradesh and people in vulnerable areas were being moved to relief shelters, state officials said. Uttarakhand state authorities announced that the Char Dham pilgrimage route would be closed until Tuesday following landslides.

Persons: Sukhvinder Singh Sukhu, Sukhu, Stringer, Praveen Bhardwaj, Bhardwaj, Shivam Patel, Saurabh Sharma, Sakshi Dayal, Robert Birsel, Christina Fincher, Sharon Singleton Organizations: Twitter, Reuters, REUTERS, Uttarakhand Disaster Management, India Meteorological Department, Thomson Locations: DELHI, India, Pakistan, Nepal, Himachal Pradesh, precipices, Shimla, Solan, Mandi district, Himachal, Uttarakhand, New Delhi, Lucknow

☆ Subway India takes away free cheese slice, offers sauce as inflation bites
▼ + stars: | 2023-08-11 | by ( Riddhima Talwani | ) www.reuters.com time to read: +3 min

They now charge 30 rupees ($0.40) extra for the cheese slice in most sandwiches, but are offering a free "cheezy" sauce instead. Subway has "replaced the cheese slice with liquid cheese blend ... You just lost a loyal customer," one unimpressed customer, Sumit Arora, wrote on X, the social media platform formerly known as Twitter. A Subway store manager in New Delhi told Reuters the new cheese sauce costs 400 rupees/kilogram. A cheese slice, said Culinary Brands' marketing head Mayur Hola, "can be added on at a small cost". A Subway sandwich costs around 200-300 rupees ($2.4 to $3.6) in India, and if a customer adds the cheese slice - which was once free - will now cost up to 15% higher.

Persons: Andrew Kelly, Everstone, Sumit Arora, Mayur, Karan Taurani, Riddhima Talwani, Varun Vyas, Jatindra, Saurabh Sharma, Aditya Kalra, Simon Cameron, Moore Organizations: REUTERS, Subway, Brands, Twitter, Reuters, India’s, Thomson Locations: Manhattan , New York City, U.S, India, DELHI, Nepal, New Delhi, Bengaluru, Bhubaneswar, Lucknow

[1/5] A Domino's staff member stands next to a sign for a 49-rupee pizza at a restaurant in Noida, India, July 4, 2023. A: With the world's cheapest Domino's pizza. "You are coming to the store or open the app, because there is a 49-rupee callout," he said, adding that Domino's global team supported the plans. Domino's global HQ referred queries about India to its local franchisee. When Khetarpal visited Domino's stores in Chennai and other cities, he said he saw customers emptying out their pockets and only being able to scrape together 49 rupees.

Persons: Adnan Abidi, Sameer Khetarpal, Khetarpal, Merrill Pereyra, They'll, Akshay Jatia, Westlife, It's, Devanshu Bansal, Kiran Raj, Praveen Paramasivam, Aditya Kalra, Saurabh Sharma, Jatindra, Brenda Goh, Hilary Russ, Abhirup Roy, Miyoung Kim, Pravin Organizations: REUTERS, U.S, India, Sapphire Foods, Domino's, Burger King's, Restaurant Brands, Euromonitor, Yum Brands, Global Financial Services, Pravin Char, Thomson Locations: Noida, India, CHENNAI, DELHI, America, Shanghai, San Francisco, Burger, zeroing, Pizza, New Delhi, Chennai, Burger King's India, United States, U.S, Lucknow, Bhubaneswar, New York, Singapore

The company, Marion Biotech, bought the ingredient — propylene glycol (PG) — from trader Maya Chemtech India, as reported by Reuters. "Marion bought commercial-grade propylene glycol," said a second source, an investigator, who declined to be named while the inquiry is ongoing. International standards allow only trace amounts of EG and DEG in pharmaceutical-grade propylene glycol. The toxins were found in cough syrups exported to Gambia by the other Indian company, Maiden Pharmaceuticals. India made it mandatory for companies to have their cough syrups tested before export from June.

Persons: Marion, Deepak Sharma, Max, Vijay Kumar, Tuhin Bhattacharya, Mool Singh, Atul Rawat, Jaya Jain, Sachin Jain, Rohan Gupta, syrups, Maiden, Saurabh Sharma, Krishna, Jennifer Rigby, Olzhas, Sara Ledwith, Michele Gershberg, Deepa Babington Organizations: Reuters, Marion Biotech, Indian, EG, World Health Organization, Authorities, . Police, Marion, Court, Maya, Maiden Pharmaceuticals, WHO, Thomson Locations: DELHI, Uzbekistan, India, Delhi, Marion, Uttar Pradesh, Allahabad, Gambia, Indonesia, London, Almaty

MUMBAI, June 27 (Reuters) - Goswami Infratech, a Shapoorji Pallonji group entity, closed India's largest debt issue from a low-rated company on Tuesday, signalling growing interest in high-yielding debt from local and global private credit funds, bankers and fund managers said. Goswami Infratech accepted bids worth 143 billion rupees ($1.74 billion), including from Edelweiss Special Opportunities Fund, Davidson Kempner, Ares Capital Management, Varde Partners and Cerberus Capital Management, the bankers said. "We are seeing money coming in from global asset managers, international development financial institutions and large pension funds in Indian private credit funds," said Vineet Sukumar, founder of Vivriti Asset Management, which also manages a private credit fund. Two recent changes in regulation have also provided a boost to private credit funds. The tweaks have led to more funds from high net worth individuals and family offices flowing into private credit funds, while elevated yields are further leading to attractive investment opportunities.

Persons: Goswami Infratech, Davidson Kempner, Sukumar, Ajay Manglunia, Saurabh Jhalaria, Karthik Athreya, Sundaram, Dharamraj Dhutia, Bhakti, Sohini Goswami Organizations: Edelweiss, Fund, Ares Capital Management, Varde Partners, Cerberus Capital Management, Deutsche Bank, Standard Chartered Bank, Ares, Vivriti Asset Management, JM Financial, EY, Asset Management, Thomson Locations: MUMBAI, India

☆ Crematorium fills up as heatwave scorches northern Indian town
▼ + stars: | 2023-06-21 | by ( Adnan Abidi | ) www.reuters.com time to read: +2 min

[1/4] Women rest under a tree on a hot summer day in Ballia District in the northern state of Uttar Pradesh, India, June 21, 2023. REUTERS/Adnan AbidiBALLIA, India, June 21 (Reuters) - A Hindu priest in northern India says the number of bodies brought to a crematorium by the River Ganges has doubled in the past week as a heatwave ravages parts of the country. Yadav, confirmed a surge in admissions at the main district hospital and said an investigation was underway to determine the cause of deaths. Brijesh Yadav, 28, said he rushed his 85-year-old grandfather to the hospital on Tuesday after he complained of difficulty in breathing. India has an average of five to six heatwave events annually over its northern parts between March and June and sometimes until July, according to the World Health Organization.

Persons: Adnan Abidi BALLIA, Rajesh Pandey, Yadav, Brijesh Yadav, Yogi Adityanath, Saurabh Sharma, Shivam Patel, Angus MacSwan Organizations: REUTERS, S.K, Indian Express, State, NDTV, World Health Organization, University of Cambridge, Thomson Locations: Ballia District, Uttar Pradesh, India, Ballia, Bihar

☆ Scores die in northern India as heat wave scorches region
▼ + stars: | 2023-06-19 | by ( Saurabh Sharma | ) www.reuters.com time to read: +2 min

The Indian Meteorological Department (IMD) issued a red alert warning last week for extreme heat in some regions of the country, including Uttar Pradesh and Bihar. There is no concrete evidence of heat wave behind these deaths." The government fired Diwakar Singh, the chief medical official at the main state hospital in Ballia, for saying that the deaths were due to heat. While the heat wave was expected to continue in some regions on Monday, parts of India's northeastern Assam state reeled under floods triggered by heavy rains. Many pockets are expected to receive heavy to extremely heavy rainfall this week, which could lead to flooding," said a senior official with the IMD.

Persons: Ravindra Kumar, Diwakar Singh, Brajesh Pathak, Singh, Rajendra Jadhav, Sudipto Ganguly, Raju Gopalakrishnan Organizations: Indian Meteorological Department, IMD, Reuters, Hindustan Times, Thomson Locations: LUCKNOW, India, Uttar Pradesh, Bihar, Uttar Pradesh's Ballia, New Delhi, Ballia, Patna, India's, Assam, Mumbai

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