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[1/4] A man carries a child from a truck during an evacuation before the arrival of cyclone Biparjoy in Jakhau in the western state of Gujarat, India, June 14, 2023. REUTERS/Francis MascarenhasAHMEDABAD, India, June 15 (Reuters) - Authorities in India's western state of Gujarat evacuated more than 75,000 people from vulnerable coastal communities as cyclone Biparjoy was expected whirl in from the Arabian Sea to make landfall by Thursday evening. Early on Thursday, the cyclone was centred 180 km (112 miles) off Jakhau port in Gujarat and 270 km (168 miles) off Karachi in Pakistan, the India Meteorological Department said. "We have evacuated more than 75,000 persons from the eight coastal districts in Gujarat that are expected to be impacted by the cyclone," Kamal Dayani, additional chief secretary in Gujarat’s revenue department said. (This story has been refiled to fix a typographical error in the headline)Reporting by Sumit Khanna; Writing by Shilpa Jamkhandikar; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.
Persons: Francis Mascarenhas, Kamal Dayani, Sherry Rehman, Sumit Khanna, Shilpa Jamkhandikar, Simon Cameron, Moore Organizations: REUTERS, India Meteorological Department, IMD, Thomson Locations: Jakhau, Gujarat, India, Francis Mascarenhas AHMEDABAD, India's, Karachi, Pakistan
[1/2] Customers look at a Hero MotoCorp Karizma motorbike at a Hero MotoCorp showroom in the western Indian city of Ahmedabad April 26, 2013. REUTERS/Amit Dave/File PhotoCompanies Hero MotoCorp Ltd FollowNEW DELHI, June 15 (Reuters) - India's Ministry of Corporate Affairs has ordered an investigation to assess Hero MotoCorp's (HROM.NS) relationship with a third-party vendor in a case related to alleged diversion of funds, two government sources told Reuters on Thursday. The investigation has been ordered in the "public interest" to probe the ownership structure of Hero MotoCorp and whether it controlled the third-party vendor, said the two sources, who are privy to the internal government directive. Hero MotoCorp, India's largest manufacturer of motorcycles, said in a statement to Reuters that it had not received any communication from the government and could not comment. Separately, Hero MotoCorp was under the scrutiny of India's income tax authorities last year.
Persons: Amit Dave, MotoCorp, Hero MotoCorp, Pawan Munjal, Nikunj Ohri, Aditya Kalra, Aditi Shah, Jason Neely Organizations: REUTERS, NEW, India's Ministry, Corporate Affairs, Reuters, India's, Companies, Thomson Locations: Indian, Ahmedabad, NEW DELHI, New Delhi
[1/3] A police officer patrols Mandvi beach after it was shut because of cyclone Biparjoy in the western state of Gujarat, India, June 14, 2023. Classified as a very severe cyclonic storm, Biparjoy was situated about 280 km (174 miles) from Jakhau Port in Gujarat and was expected to make landfall around Thursday evening. "As of now, our forecast is it will cross as a very severe cyclonic storm. Eight districts in coastal Gujarat are expected to be affected, the state government said. The evacuation operations will continue till today (Wednesday) evening, mainly in Kutch," said Kamal Dayani, a senior official in the Gujarat state government.
Persons: Francis Mascarenhas, Manorama Mohanty, Kamal Dayani, Sudipto Ganguly, Raju Gopalakrishnan Organizations: REUTERS, India Meteorological Department, IMD, Ships, Wednesday, Disaster Management Authority, Thomson Locations: Gujarat, India, Francis Mascarenhas AHMEDABAD, MUMBAI, Pakistan, Jakhau Port, Kutch, Saurashtra, Mandvi, Karachi, Jakhau, Pakistan's
[1/3] A man with a mobile phone takes a picture of rising waves before the arrival of the cyclonic storm Biparjoy over the Arabian Sea, in Karachi, Pakistan, June 14, 2023. The cyclone is likely to cross Saurashtra, Kutch, and neighboring Pakistan coasts on Thursday noon with winds of 125-135 kmph gusting to 150 kmph. "As of now, our forecast is it will cross as a very severe cyclonic storm. After crossing, its intensity will fall and become a cyclonic storm and depression." In neighbouring Pakistan 62,000 people were evacuated from high risk areas, according to the country's National Disaster Management Authority.
Persons: Akhtar Soomro, gusting, Sherry Rehman, Manorama Mohanty, Mrutyunjay Mohapatra, Mohapatra, Alok Kumar Pandey, Sumit Khanna, Rajendra Jadhav, Gibran Naiyyar Peshimam, Sudipto Ganguly, Raju Gopalakrishnan, Barbara Lewis Organizations: REUTERS, India Meteorological Department, IMD, Gujarat's, Disaster Management Authority, Ships, Rajendra, Thomson Locations: Karachi, Pakistan, Akhtar Soomro AHMEDABAD, MUMBAI, Jakhau Port, Indian, Gujarat, Pakistan's, Saurashtra, Kutch, Mandvi, Jakhau, India, Ahmedabad, Mumbai
Hopes for a Fed pause bolster risk rally
  + stars: | 2023-06-13 | by ( Jamie Mcgeever | ) www.reuters.com   time to read: +3 min
(Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Traders are putting a 95% probability on the Fed standing pat on Wednesday, a consensus so strong the Fed will almost certainly respect. The focus for investors will be on the statement and Fed Chair Jerome Powell’s press conference for signs on whether it will be a ‘hawkish’ or ‘dovish’ pause. The NYSE FANG+ index of mega tech stocks rose 0.9% for a fourth consecutive daily rise, bringing its year-to-date gains to 72%. One major headwind, particularly for Asian assets, could be the surge in U.S. Treasury yields, although that for now at least is being mitigated by the dollar’s slide to a three week low.
Persons: Jamie McGeever, Amit Dave, China’s, Jerome Powell’s, Organizations: Reuters, REUTERS, Federal, Nasdaq, Traders, NYSE, Japan’s Nikkei, Treasury Locations: Ahmedabad, India, U.S, South Korea, Asia, Japan, New Zealand
[1/2] A lifeguard patrols Juhu beach, during a red flag alert due to rough seas caused by cyclone Biparjoy, in Mumbai, India, June 12, 2023. Eight districts in coastal Gujarat are expected to be affected, the state government said. Gujarat is home to many offshore oil installations and major ports in the country and most have been forced to suspend operations. Two of India's largest ports - Kandla and Mundra - located in Gujarat, have suspended operations, the state government said. Other ports including Bedi, Navlakhi, Porbandar, Okha, Pipavav and Bhavnagar have also closed due to the cyclone, according to shipping sources.
Persons: Francis Mascarenhas, Kamal Dayani, Bedi, Navlakhi, Jamnagar, Sumit Khanna, Rajendra Jadhav, Mohi Narayan, Sudipto Ganguly, Raju Gopalakrishnan Organizations: REUTERS, India Meteorological Department, Force, Reliance Industries, Adani, Indian Coast Guard, Key Singapore, Oil, Gas, Vedanta Ltd, National Disaster Management Authority, Rajendra, Thomson Locations: Mumbai, India, Francis Mascarenhas AHMEDABAD, MUMBAI, Gujarat, Pakistan, Mandvi, India's Gujarat, Karachi, Kutch, Rajkot, Pipavav, Bhavnagar, Mundra, Tuna, Kandla, Key, Dubai, Ahmedabad
AHMEDABAD,India/NEW DELHI June 10 (Reuters) - India's western states of Gujarat, Maharashtra, Goa and other coastal regions are on alert after meteorologists warned that a cyclonic storm over the Arabian sea would intensify over the next 24 hours. It warned of heavy rainfall at isolated places in the state of Kerala and coastal Karnataka region in next three days. In Gujarat, the 13 coastal districts of South Gujarat, Saurashtra peninsula and Kutch have been put on alert. "We are fully prepared to deal with any situation," Kamal Dayani, additional chief secretary in the state revenue department, told Reuters. Teams from the National Disaster Response Force and State Disaster Response Force have been deployed in the districts likely to be affected by the storm.
Persons: Biparjoy, Kamal Dayani, Manoj Kumar, Mike Harrison Organizations: Authorities, Cyclone, Indian Meteorological Department, IMD, Reuters, Force, Thomson Locations: AHMEDABAD, India, DELHI, Gujarat, Maharashtra, Goa, Kutch, Mumbai, Kerala, Karnataka, South Gujarat, Saurashtra
[1/2] An Air India Airbus A320-200 aircraft takes off as an IndiGo Airlines aircraft waits for clearance at the Sardar Vallabhbhai Patel International Airport in Ahmedabad, India, July 7, 2017. REUTERS/Amit DaveJune 8 (Reuters) - Air India said on Thursday that its replacement flight has taken off from Russia's Magadan for San Francisco, carrying all passengers and crew. The flight is expected to arrive at San Francisco at 12:15 a.m. PDT (0715 GMT) on Thursday, the airline said in a tweet. loadingAir India has mobilised additional support at San Francisco airport to carry out clearance formalities for passengers upon arrival, the tweet added. Air India sent an aircraft to Russia on Wednesday to pick up passengers whose Delhi-to-San Francisco flight was diverted to Russia's Far East after their Boeing (BA.N) 777 plane developed engine trouble.
Persons: Vallabhbhai, Amit Dave, Kanjyik Ghosh, Himani Sarkar, Gerry Doyle Organizations: An Air, An Air India Airbus, IndiGo Airlines, REUTERS, Air, San Francisco, India, San, Air India, Boeing, Thomson Locations: An Air India, Ahmedabad, India, Air India, Magadan, San Francisco, San, Russia, Delhi, Francisco, Bengaluru
Diageo's long-time boss Ivan Menezes dies after brief illness
  + stars: | 2023-06-07 | by ( ) www.reuters.com   time to read: +2 min
June 7 (Reuters) - Diageo (DGE.L) on Wednesday said long-time boss Ivan Menezes, who held the CEO role at the world's biggest spirits company for 10 years, had died after a brief illness. The 63-year-old, who was set to retire at the end of this month, was in hospital receiving treatment for conditions including a stomach ulcer, the Johnnie Walker whisky maker announced this week. British-American national Menezes, born in the Indian city of Pune, joined Diageo after its formation through the merger of Guinness and Grand Metropolitan in 1997. The executive, who was behind the "Keep Walking" campaign for Johnnie Walker when he was marketing head, previously held roles at Whirlpool and Nestle. Menezes, who was awarded a knighthood this year, is survived by his wife and two children.
Persons: Ivan Menezes, Johnnie Walker, Debra, Menezes, Ivan, Javier Ferrán, Julio, Arvind Subramanian, Subramanian, Menzes, Eva Mathews, Sinchita Mitra, Dhanya Skariachan, Sherry Jacob, Phillips, David Evans Organizations: Diageo, American, Guinness, Grand Metropolitan, Whirlpool, Nestle, Government of, Indian Institute of Management, Thomson Locations: Indian, Pune, Government of India, Ahmedabad, India, Bengaluru
Despite their ease of use, passwords come with significant downsides: More than 80% of data breaches are the result of weak passwords. In 2004, Bill Gates famously envisioned the death of traditional passwords, and there have been several attempts to replace them. That's great if all of your devices are from one company — your Apple passkey would work across an iPhone, iPad, and MacBook. "Similar to our recommendations when it comes to other forms of authentication, we advise against the sharing of passkeys, passwords, etc. Passwords won't disappear overnight, but what FIDO Alliance has accomplished has convinced me our passwordless future is just around the corner.
Persons: it's, I'm, Zhao, There's, Christiaan Brand, Bill Gates, FIDO, Steve Won, Florentin, passkeys, Andrew Shikiar, Won, Google's Brand, 1Password, Buffalo's Zhao, Shubham Agarwal Organizations: Microsoft, Cybersecurity Ventures, Apple, Google, Alliance, University at Buffalo, University of Cambridge, Mastercard, TU Darmstadt, FIDO Alliance, Bluetooth, Research, Istanbul Technical University, University, Buffalo's, Wired, Company Locations: Germany, Ahmedabad, India
The other passenger train was a Yesvantpur-Howrah Superfast Express train, running from a commuter hub in Bangalore to Kolkata, the capital of the eastern state of West Bengal. India’s railway minister, Ashwini Vaishnaw, said that he had ordered an investigation into the cause and that those affected by the crash would receive compensation. Site of the train crash An initial government report said that the Coromandel Express passenger train derailed while traveling at full speed. Dozens of trains had been canceled but crews were rushing to restore service after pushing off the train cars involved in the crash off the tracks. In 2016, 14 train cars derailed in India’s northeast in the middle of the night, killing more than 140 passengers and injuring 200 others.
Persons: Ashwini Vaishnaw, Derailments, Jitendra Prakash, Narendra Modi, Modi, Modi’s, Amit Dave, Suresh Prabhu, Mr, Vaishnaw, Mujib Mashal Organizations: Chennai Coromandel Express, South Eastern Railway, Express, Coromandel, INDIA, Sunday, Economic, Disaster Management, Reuters Rail Locations: India, Balasore, Odisha State, Shalimar, Chennai Coromandel, India’s, Howrah, Bangalore, Kolkata, West Bengal, Bahanaga Bazar, Bhubaneswar, Odisha’s, Bihar, Pukhrayan, Delhi, Mumbai, Ahmedabad
A second passenger train, heading in the opposite direction, then struck some of the dislocated cars. More than 2,200 passengers in all were onboard the passenger trains, according to railway officials, and at least 23 cars were derailed. The other passenger train was a Yesvantpur-Howrah Superfast Express train, running from a commuter hub in the southern city of Bengaluru to Kolkata, the capital of the northeastern state of West Bengal. Site of the train crash An initial government report said that the Coromandel Express passenger train derailed while traveling at full speed. In 2016, 14 train cars derailed in India’s northeast in the middle of the night, killing more than 140 passengers and injuring 200 others.
Persons: Ashwini Vaishnaw, Vaishnaw, Derailments, Jitendra Prakash, Narendra Modi, Modi, Modi’s, Amit Dave, Suresh Prabhu, Mr, Mujib Mashal Organizations: Chennai Coromandel Express, South Eastern Railway, Express, Coromandel, INDIA, Economic, Disaster Management, Reuters Rail Locations: India, Balasore, Odisha State, Shalimar, Chennai Coromandel, India’s, Howrah, Bengaluru, Kolkata, West Bengal, Odisha, Bhubaneswar, Odisha’s, Bihar, Pukhrayan, Delhi, Mumbai, Ahmedabad
The other passenger train was a Yesvantpur-Howrah Superfast Express train, running from a commuter hub in Bangalore to Kolkata, the capital of the eastern state of West Bengal. India’s railway minister, Ashwini Vaishnaw, said that he had ordered an investigation into the cause and that those affected by the crash would receive compensation. Site of the train crash An initial government report said that the Coromandel Express passenger train derailed while traveling at full speed. In 2016, 14 train cars derailed in India’s northeast in the middle of the night, killing more than 140 passengers and injuring 200 others. Within hours of Friday’s disaster, some opposition politicians were already calling for the resignation of Mr. Vaishnaw, India’s railway minister.
Persons: Ashwini Vaishnaw, Derailments, Jitendra Prakash, Narendra Modi, Modi, Modi’s, Amit Dave, Suresh Prabhu, Mr, Vaishnaw, Mujib Mashal Organizations: Chennai Coromandel Express, South Eastern Railway, Express, Coromandel, INDIA, Economic, Disaster Management, Reuters Rail Locations: India, Balasore, Odisha State, Shalimar, Chennai Coromandel, India’s, Howrah, Bangalore, Kolkata, West Bengal, Bahanaga Bazar, Bhubaneswar, Odisha’s, Odisha, Bihar, Pukhrayan, Delhi, Mumbai, Ahmedabad
CNN —One of the worst train accidents in India’s history is raising questions over the safety of the country’s massive and outdated rail network, as the government invests in its modernization. India’s extensive rail network, one of the largest in the world, was built more than 160 years ago under British colonial rule. Decaying infrastructure is often cited as a cause for traffic delays and numerous train accidents in India. India has seen several similar deadly incidents involving train accidents in recent decades. The same year, Modi announced huge investments in India’s railway system aimed at improving safety and connectivity.
Persons: Rafiq Maqbool, Odisha, Narendra Modi, Modi’s, Albright, Modi, ” Mamata Banerjee Organizations: CNN, AP Authorities, Howrah, National Crime Records, Group, Indian, Rail Plan, India, Bharat Locations: Odisha, Shalimar, Chennai, Yesvantpur, India, Mumbai, Ahmedabad, Jammu, Kashmir, Andhra Pradesh, Uttar Pradesh
India's Tata Group signs $1.6 bln EV battery plant deal
  + stars: | 2023-06-02 | by ( Sumit Khanna | ) www.reuters.com   time to read: +1 min
AHMEDABAD, June 2 (Reuters) - India's Tata Group signed an outline deal on Friday on building a lithium-ion cell factory, based on investment of about 130 billion rupees ($1.58 billion), as part of the nation's efforts to create its own electric vehicle supply chain. Compared to the size of its population, India's car market is tiny. Tata Motors dominates its electric vehicle (EV) sales, which made up just 1% of India's total car sales of about 3.8 million last year. "The plant will go a long way in contributing to the development of the EV ecosystem in Gujarat and India," Vijay Nehra, an official in the Gujarat state government told Reuters. ($1 = 82.3373 Indian rupees)Reporting by Sumit Khanna and Tanvi Mehta; editing by Barbara LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Vijay Nehra, Sumit Khanna, Tanvi Mehta, Barbara Lewis Organizations: India's Tata Group, Tata Motors, Solutions, Reuters, Thomson Locations: AHMEDABAD, Gujarat, Sanand, India
Climate change drove heat in the city to a record-breaking 48C (118F) in 2016. While traditional insurance can take months to pay, with so-called "parametric" insurance there is no need to prove losses. At annual climate talks in Egypt last year, nonprofits urged richer nations to help finance parametric insurance as a way of compensating victims of worsening weather extremes. At the moment, insurance schemes in the developing world are largely subsidized by nonprofit groups, national governments, or wealthy countries. Insurance payouts allow them to buy things like gloves to protect their hands from scorching hot metal tools, or fans to stay cool and avoid heat exhaustion.
Two Adani Group firms to raise up to $2.57 billion from the market
  + stars: | 2023-05-13 | by ( ) www.cnbc.com   time to read: +1 min
Signage of Adani Group at company's gas station in Ahmedabad, India, on Wednesday, Feb. 1, 2023. Two Adani group companies including the Indian conglomerate's flagship firm announced plans on Saturday to raise up to $2.57 billion from the market, months after a short-seller report battered investor confidence and drove share prices down. India's Adani Transmission said its board approved a plan to raise up to 85 billion rupees ($1.0 billion) from the stock market. Adani Enterprise said in a filing to exchanges that its board had approved plans to raise up to 125 billion Indian rupees ($1.53 billion) through similar modes. A planned $2.5 billion share sale by Adani Enterprise fell through in the wake of the scathing short-seller report.
The airline is owned by the Wadia Group, which also runs bread and biscuits maker Britannia Industries (BRIT.NS) and textile firm Bombay Dyeing and Manufacturing Co (BDYN.NS). Nearly half of the fleet was grounded due to problems with their Pratt & Whitney (P&W) jet engines that are yet to be replaced. The low-cost carrier posted its biggest annual loss in fiscal 2022, local media have reported. The Wadia Group was in talks to sell a part of its stake or completely exit the airline, the Economic Times newspaper reported in April. The grounding and related issues also saw the airline delay plans to go public, local media reported.
Delhi's Ishant rolls back the years in Gujarat upset
  + stars: | 2023-05-03 | by ( ) www.reuters.com   time to read: +2 min
In reply, Gujarat captain Hardik Pandya made an unbeaten 59 off 53 balls but Delhi's lion-hearted bowlers restricted the champions to 125-6 to secure a shock five-run victory. "Okay, Ishant just bowled the best knuckle ball wicket I've ever seen," tweeted former South Africa fast bowler Dale Steyn. But Ishant bowled a nerveless final over, dismissing Tewatia and conceding only six runs to secure Delhi's third win in nine matches. His clever use of wide yorkers made it difficult to hit boundaries in the final over. "I was practising bowling wide yorkers in the nets with the new ball.
May 2 (Reuters) - Cash-strapped Indian airline Go First Airways filed for voluntary insolvency resolution proceedings in the National Company Law Tribunal on Tuesday. The airline is owned by the Wadia Group, which also runs bread and biscuits maker Britannia Industries (BRIT.NS) and textile firm Bombay Dyeing and Manufacturing Co (BDYN.NS). The low-cost carrier posted its biggest annual loss in fiscal 2022, local media had reported. The Wadia Group was in talks to sell a part of its stake or completely exit the airline, the Economic Times newspaper had reported in April. The grounding and related issues also saw the airline delay plans to go public, local media reported.
At the time, back in 2018, a New Zealand firm had just wrapped up a landmark trial to test the efficacy of a four-day workweek. A lot of the benefits of the four-day workweek come down to a simple, everyday activity: sleep. A lot of the benefits of the four-day workweek come down to a simple, everyday activity: sleep. Less time, more productiveThough the four-day workweek may seem like a recent phenomenon, it's been decades in the making. But for now, the four-day workweek certainly has the potential to be a far-reaching antidote to pressing workplace concerns such as mass resignations and the burnout crisis.
An Indian court on Thursday acquitted 69 Hindus, including a former minister from the ruling Bharatiya Janata Party (BJP), of the murder of 11 Muslims during communal riots in the western state of Gujarat in 2002. A total of 86 Hindus were accused of the killings in the Naroda Gam district of Ahmedabad, 17 of whom died during trial. We will study the grounds on which the court has acquitted the accused persons,” Pathan said. Kodnani was also an accused in a case in which 97 people were killed in the 2002 riots. At least 1,000 people, mostly Muslims, were killed across Gujarat in the 2002 riots.
AHMEDABAD, India, April 20 (Reuters) - A court in India's western state of Gujarat on Thursday rejected Congress leader Rahul Gandhi's petition seeking a stay of conviction in a defamation case, fuelling uncertainty over whether he will be able to contest an election due next year. "The Surat district court has not granted a stay on Rahul Gandhi's conviction," Naishadh Desai, a local Congress leader and lawyer, told reporters outside the court room. While Thursday's ruling was a setback for Gandhi, his jail sentence remained suspended until he exhausts all legal challenges. Senior Congress leader and Supreme Court lawyer Jairam Ramesh said the party would use every legal option to overturn Gandhi's conviction. The defamation case against Gandhi was brought by Purnesh Modi, a BJP legislator in the Gujarat state assembly.
MUMBAI, April 18 (Reuters) - About 300 people queued at Apple's (AAPL.O) store in Mumbai on Tuesday, as fans took selfies with Chief Executive Tim Cook, who inaugurated the first retail store run by the tech giant in India, underscoring the importance of its market. "We are so excited to open ... our first store in India." People flocked to the store from across India, hoping to be among the first to enter, in an opening event featuring local music and folk dancers. Some queued outside from the previous night to get their hands on Apple products, even though they are available online in India. [1/8] Apple CEO Tim Cook interacts with people as Deirdre O'Brien, Apple's senior vice president of Retail and People looks on, during the inauguration of India's first Apple retail store in Mumbai, India, April 18, 2023.
Once I complete the task, I mark it on a calendar in the app and a colorful streak grows. Each time I logged a successful session on Everyday and the habit's streak grew, it felt like a microwin. Streaks reward repetition, Lindemans explained, but the reason they're so motivating is not the sense of accomplishment they imbue. After all, I was being motivated by the app instead of by my desire to meet my goals. The apps helped me focus on the action itself instead of on setting up my own structure for carrying them out.
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