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Missing persons in Uttarakhand tragedy declared dead; families to get compensated [details]

Missing persons in Uttarakhand tragedy declared dead; families to get compensated [details] On February 23, the Uttarakhand government had issued a notification authorising nearly 140 people still missing, to be declared presumed dead . India s Silicon Valley roads turned rivers; cars floated as city s image sank Nearly 29 labourers from Uttar Pradesh, who were working at Tapovan-Vishnugad hydropower project in Uttarakhand s Chamoli and went missing when a glacier burst triggered a massive flash flood on February 7, have finally been declared dead . This will bring closure for the families, who will also now receive compensation under various schemes. The next of kin to the deceased labourers will get Rs 29 lakh each Rs 20 lakh from National Thermal Power Corporation (NTPC), Rs 4 lakh from Uttarakhand Disaster Relief Fund, Rs 1 lakh under a beneficiary scheme of the Uttarakhand government and Rs 2 lakh each from Uttar Pradesh government and the Centre.

29 missing after Uttarakhand glacier burst tragedy declared dead

Read more about 29 missing after Uttarakhand glacier burst tragedy declared dead on Business Standard. Nearly 29 labourers went missing when a glacier burst triggered a massive flash flood on February 7, have finally been declared dead

Uttarakhand Tragedy: 29 persons missing from Tapovan-Vishnugad hydropower project declared dead

Is SEBI Winding Up NSE Colo Scam with Some Tepid Action?

 3 On Monday, the Securities Appellate Tribunal (SAT) caused quite a buzz by allowing the National Stock Exchange’s (NSE) demand to release Rs6,085 crore of revenue earned from its algo trading and co-location (Colo) services.   Asking the Exchange to block this sum in an escrow account was one of the punitive actions initiated by the Securities and Exchange Board of India (SEBI) following the algo scam investigation that started in 2015.    The order is an embarrassing indictment of the market regulator, which has been conducting a meandering investigation and issued multiple orders over the past six years that are nothing more than a slap on the wrist of the Exchange. Meanwhile, SEBI’s initial investigation and orders have already weakened the case against the Exchange by failing to fix individual responsibility for repeated violations of rules, failing to quantify illegal gains made by brokers and, worse, failing to comprehend the enormity of profiteering that was pos

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