Thursday, December 25, 2025
Home Blog Page 1267

Gas Leak Tragedy in Maharashtra: 3 Dead, 9 Hospitalized at Sangli Fertilizer Plant

In a tragic incident in Maharashtra’s Sangli district, three workers, including two women, were killed, and nine others were hospitalized after a gas leak at the Myanmar Chemical Company in Shalgaon MIDC, Kadegaon tehsil. The accident occurred on Thursday evening when a reactor at the fertilizer plant exploded, releasing toxic chemical fumes.

Police reports indicate that the explosion led to a significant gas leak, with ammonia suspected as the chemical involved. Among the deceased were Suchita Uthale (50) from Yetgaon and Neelam Rethrekar (26) from Satara. Additionally, a security guard also lost his life in the blast. Emergency teams rushed the injured, including several workers, to nearby hospitals, with five individuals receiving intensive care at Sahyadri Hospital in Karad.

Senior Inspector Sangram Shewale from Kadegaon Police Station confirmed that emergency teams responded promptly. “The immediate cause of the explosion is under investigation, and the authorities are ensuring the safety of the affected area,” he stated.

Sangli’s Superintendent of Police, Sandip Ghuge, revealed that ammonia is likely the gas responsible for the fatalities, citing its highly toxic nature when exposed to humans. This incident has raised serious concerns about safety protocols in industrial zones, particularly in chemical plants.

The local administration has promised an inquiry into the causes of the explosion, and local authorities are coordinating efforts to support the victims’ families. As the investigation unfolds, the community remains in shock over this preventable tragedy.

Gold Prices Surge Amid Festive Demand

MUMBAI: Gold prices in India saw a significant uptick on Friday, driven by robust festive demand and increased activity in the futures market. On the Multi Commodity Exchange (MCX), December gold futures rose ₹435, or 0.57%, to ₹77,128 per 10 grams. This increase reflects heightened investor interest and positive sentiment in the bullion market.

Market Dynamics and Festive Season Impact
The surge is attributed to the festive buying season, with occasions like Dhanteras, Diwali, and weddings propelling demand for gold jewelry. Analysts believe the uptick in futures trade reflects speculative positioning by traders in anticipation of higher spot demand during the festive period.

Wider Market Trends
Globally, gold prices remain buoyed by safe-haven demand amid geopolitical tensions and evolving U.S. monetary policy expectations. On the international front, gold hovered at $2,678.90 per ounce during Asian trading hours, reflecting stability amid a stronger dollar.

Investors are advised to monitor global cues and domestic demand patterns to navigate the fluctuating bullion market effectively.

WEB TEAM. C6N

MLA Mukesh Faces Sexual Assault Allegations Amid Public Outcry in Kerala

KOCHI: CPI(M) MLA and actor M Mukesh is under intense scrutiny as multiple allegations of sexual misconduct have surfaced against him, triggering widespread demands for his resignation. The accusations include rape and criminal trespass, filed by a female actor who claims she was assaulted in a hotel in Kochi. Mukesh was formally arrested by the Special Investigation Team (SIT) and released on anticipatory bail after undergoing mandatory legal procedures.

The allegations come in the wake of the Justice Hema Committee report, which exposed rampant sexual exploitation in the Malayalam film industry. This has emboldened several women to step forward with complaints against prominent figures, including Mukesh and actor Jayasurya. The Kerala government formed an SIT to investigate these claims, underscoring its commitment to addressing gender-based violence in the industry.

However, the complainant has expressed her disappointment with the state government’s lack of support, citing mental exhaustion and inadequate protection as reasons for her reluctance to pursue the case further. Public figures like Annie Raja, general secretary of the National Federation of Indian Women, have called for Mukesh’s resignation, emphasizing the importance of upholding moral and legal standards.

While Mukesh denies the allegations, claiming they are politically motivated, the ongoing investigation and mounting pressure from opposition leaders have cast a shadow over his political and public image.

WEB TEAM, C6N

I Want to Talk Review: Abhishek Bachchan Shines in Shoojit Sircar’s Emotional Drama

Shoojit Sircar’s I Want to Talk offers a refreshing exploration of mortality and human connection, with Abhishek Bachchan delivering one of his finest performances. The film tells the poignant story of Arjun Sen, a marketing professional diagnosed with terminal cancer, who has just a few months left to live. Faced with this harsh reality, Arjun embarks on a journey of reconnection with his daughter, Reya, while navigating the emotional challenges of his final days.

While the film’s premise may invite comparisons to Hollywood’s The Whale (2022), I Want to Talk differentiates itself by drawing from real-life inspiration. It portrays Arjun’s emotional turmoil as he confronts his mortality with sensitivity, allowing viewers to connect deeply with his journey.

His relationship with his daughter becomes central to the narrative, with a simple yet profound wish from Reya—to dance at her wedding with him—offering a glimmer of hope in his darkest moments.

Shoojit Sircar’s storytelling unfolds slowly, balancing Arjun’s emotional journey with witty moments. Sircar calls Bachchan’s role possibly his best.

The second half of the film sees a shift towards a more optimistic tone, largely due to Johnny Lever’s comedic presence and the evolving dynamic between Arjun and his doctor, Jayanta Deb. The film does suffer from occasional pacing issues, but its heartfelt conclusion makes up for any slow moments.

I Want to Talk is a reflective journey about embracing life fully, with Bachchan’s physical transformation adding emotional authenticity to his performance.

With its compelling story and powerful performances, I Want to Talk resonates with audiences, delivering both laughter and tears in equal measure.

Maharashtra Election Results 2024: CM Race Heats Up Amidst Internal Disputes in Mahayuti and MVA

The battle for the chief minister’s position is intensifying, with both ruling and opposition alliances—Mahayuti and Maha Vikas Aghadi (MVA)—entangled in internal discord.

Maharashtra Congress president Nana Patole has sparked controversy within the MVA by claiming that Congress would lead the government if the alliance wins, citing expected strong results for his party. Patole said, “Voting trends suggest the Congress will win the most seats.” Shiv Sena (UBT) leader Sanjay Raut quickly opposed this claim, emphasizing that all alliance partners would collectively make the decision. “If the Congress high command has chosen Patole, figures like Mallikarjun Kharge, Sonia Gandhi, or Rahul Gandhi should announce it,” Raut told the media .

The MVA, which includes Congress, Shiv Sena (UBT), and the Sharad Pawar faction of the NCP, has long positioned itself as the principal opposition to the ruling Mahayuti. However, Patole’s remarks highlight underlying tensions within the alliance, with some members questioning the unity of purpose.

Eknath Shinde’s Shiv Sena faction disputes the CM post, with Sanjay Shirsat backing Shinde and Pravin Darekar supporting Fadnavis. Meanwhile, NCP leader Amol Mitkari is advocating for his party chief, Ajit Pawar. Darekar downplayed MVA’s chances, criticizing their internal issues and questioning the credibility of the opposition’s claims.

Exit polls have predicted varying outcomes, with most leaning towards a Mahayuti win. However, Darekar has dismissed these polls, suggesting that independents are likely to support the ruling coalition .

Voter turnout has also surged, with a 66.05% turnout, up from 61.1% in 2019, indicating heightened engagement. The Rashtriya Swayamsevak Sangh (RSS) has boosted grassroots voter mobilization, particularly among women, through initiatives like the Ladki Bahin Yojana.

Both alliances face internal tensions, making the battle for the CM’s post as fiercely contested as the election itself.

Ola Electric Plans to Lay Off 500 Employees Amid Financial Restructuring

Ola Electric is reportedly preparing to lay off up to 500 employees across various departments as part of an ongoing restructuring effort aimed at achieving profitability. This move follows the company’s challenging financial performance, with a consolidated net loss of ₹495 crore for Q2 of FY 2024-25. Although this marks a 5.53% reduction from the previous year’s ₹524 crore loss, the company is striving to control operational costs ahead of potential future financial moves, including an initial public offering (IPO).

Despite the losses, Ola Electric’s revenue has shown promising growth, increasing by 39.06% from ₹873 crore to ₹1,214 crore, primarily driven by a 73.6% rise in electric vehicle (EV) deliveries. However, the company still faces the challenge of turning this revenue growth into sustainable profits.

Ola Electric’s planned workforce reduction is part of ongoing cost-cutting measures, following layoffs and business closures in previous years.

In 2022, the company laid off 1,000 employees, shutting down used cars, cloud kitchens, and grocery delivery businesses to focus on EVs.

The latest round of layoffs targets various roles, with some positions expected to be replaced by new hires at lower costs.

This restructuring aligns with a broader trend in tech and EV sectors, where companies scale down operations to navigate financial uncertainty.

Ola Electric’s leadership hopes these adjustments will strengthen its financial position, positioning the company for a more sustainable future.

Zepto Co-Founder Aadit Palicha Defends Quick Commerce, Claims Job Creation and Positive Impact on Kirana Stores

Zepto co-founder Aadit Palicha has addressed concerns about the impact of quick commerce on traditional kirana stores, dismissing the notion that it harms them. In a recent interview, Palicha stated that quick commerce platforms, such as Zepto, Blinkit, and Instamart, contribute more to job creation than to the detriment of kirana shops. He referred to claims about quick commerce negatively affecting local stores as “anecdotal” and based on “data-free narratives.”

Palicha referenced CAIT data, showing that grocery and household essentials consumption rose by $46 billion between 2022-23 and 2023-24.Of this, quick commerce accounted for less than $5 billion, while kirana stores gained a significant $41 billion. He argued that this disproves the idea that quick commerce is responsible for diminishing the presence of kirana stores.

Palicha emphasized that even with 1,500% growth, quick commerce would still account for a small portion of the projected $200-250 billion consumption increase.

Palicha explained that only 0.2% of Zepto’s sales were below cost, and attributed higher prices to quality standards.

Palicha further highlighted that quick commerce platforms, including Zepto, are significant job creators. He stated that Zepto alone has created 1.14 lakh jobs, with the industry employing 3-4 lakh delivery partners across India. Palicha highlighted that workers now earn ₹23,000 monthly, with quick commerce set to create more jobs than Indian Railways.

Stock Market Recovers as Sensex, Nifty Rebound; Adani Group Stocks Continue to Struggle

The Indian stock market showed signs of recovery on Friday, November 22, 2024, after a steep fall earlier this week triggered by charges against Adani Group chairman Gautam Adani. The US Securities and Exchange Commission (SEC) had filed allegations of bribery and fraud, which initially sent shockwaves through the market. However, the benchmark BSE Sensex regained momentum, rising by 479.97 points, or 0.62%, to 77,635.76 by 10 AM IST. Similarly, the broader NSE Nifty gained 152.50 points, or 0.65%, climbing to 23,502.40.

Despite the overall market recovery, stocks of the Adani Group continued their downward spiral. Adani Green Energy Ltd, which is at the center of the SEC’s allegations, showed a slight recovery but still fell by 7.90%, trading at ₹1,055.80. This was an improvement compared to the 18.80% drop seen the previous day.

Other key Adani stocks also faced significant losses. Adani Enterprises Ltd recovered slightly but was still down by about 2.57%, trading at ₹2,126.50. Adani Power Ltd, Adani Ports, and Adani Wilmar Ltd also saw declines ranging from 2.30% to 3.58%. However, Ambuja Cements Ltd and ACC Ltd were among the few Adani stocks that experienced gains.

The SEC charges accuse Gautam Adani and other executives of misleading US investors by concealing a bribery scheme aimed at securing favorable deals with the Indian government for Adani Green and Azure Power. The market continues to digest the implications of these charges, and experts suggest that while the negative sentiment may affect Adani stocks in the short term, the overall market could recover once investor concerns settle.

Investors should actively monitor developments in the market and the Adani Group as further investigations unfold.

Zelenskyy Accuses Putin of Escalating War, Calls for Stronger Global Response

Ukrainian President Volodymyr Zelenskyy has condemned Russia’s recent ballistic missile strike on the central city of Dnipro as a “clear and severe escalation” of the ongoing war, accusing Moscow of showing no interest in peace. Zelenskyy took to social media to describe the attack, carried out with a new type of missile, as further evidence that Russia is not seeking an end to the conflict. He also criticized the global response, calling it “insufficient” and urging stronger international condemnation.

The attack, which used a hypersonic medium-range ballistic missile, came as a direct retaliation for the use of US and British missiles by Ukraine, according to Russian President Vladimir Putin. In a televised address, Putin defended the missile strike, justifying it as a necessary response to Ukraine’s military actions. Zelenskyy, however, deemed this an alarming escalation, particularly following reports of North Korean troops reportedly stationed in Russia. This development, Zelenskyy suggested, only signals Russia’s continued disregard for peace efforts and international opinion.

Zelenskyy also emphasized that under international law, Ukraine has the right to defend itself by using long-range weapons against Russian targets. He called for the world to take decisive action against Russia’s increasing aggression, warning that without a robust global response, Moscow will continue its destabilizing actions, not only in Ukraine but across the region.

Zelenskyy urged the world to act, stressing that Russia’s conduct should not be tolerated. He added that real peace requires strength and pressure on Russia to halt its aggression.

(By Ankita Singh, Web Team at C6N)

Malayalam Cinema Mourns the Loss of Iconic Villain Meghanadhan

Renowned Malayalam actor Meghanadhan, celebrated for his powerful and menacing portrayals of villains, passed away on Thursday, November 21, 2024, at the age of 60. The veteran actor succumbed to respiratory complications while undergoing treatment at a hospital.

Meghanadhan’s illustrious career spanned several decades, during which he left an indelible mark on the Malayalam film industry. His ability to effortlessly embody the dark side of human nature earned him a dedicated fan following and critical acclaim.

The news of his demise sent shockwaves through the Malayalam film fraternity. Condolences poured in from fellow actors, directors, and fans alike, who expressed their deep sorrow and paid tribute to his significant contributions to the industry.

The funeral was held at his residence in Vandanamkurissi, near Shoranur, on Thursday evening.

(By Ankita Singh, Web Team at C6N)