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Fire breaks out at Left Bank Power House in Telangana; nine feared trapped

Fire breaks out at Left Bank Power House in Telangana; nine feared trapped

A fire broke out at an underground hydroelectric power station situated at Srisailam's Dam Left Bank canal in Telangana's Nagarkurnool district.

The fire was followed by an explosion and is said to have taken place late on Thursday.

Initial reports suspect short circuit to be the cause of the fire.

20 women hospitalised after Ammonia gas leakage at milk dairy unit in Andhra's Chittoor

20 women hospitalised after Ammonia gas leakage at milk dairy unit in Andhra's Chittoor

At least twenty people were affected after an ammonia gas leak at a milk dairy unit at Bandapalli in Putalapattu Mandal in Andhra Pradesh's Chittoor on Thursday

All of them are said to be females and have been shifted to hospital.

Just after the incident was reported, District collector Narayan Bharath Guptha and Superintendent of Police Sendhil Kumar immediately reached the location to monitor the situation.

US Presidential elections: Joe Biden formally accepts Democratic Party's nomination

US Presidential elections: Joe Biden formally accepts Democratic Party's nomination

Former US Vice President Joe Biden has formally accepted the Democratic Party's presidential nomination to take on incumbent President Donald Trump in the November 3 election.

His acceptance speech came on the last day of the four-day Democratic National Convention on Thursday night, which also marked 33 years since he made his first bid for the White House, reports ABC News.

Kerala govt opposes privatisation of Trivandrum airport, CM Pinarayi Vijayan writes to PM Modi

Kerala govt opposes privatisation of Trivandrum airport, CM Pinarayi Vijayan writes to PM Modi

Kerala Chief Minister Pinarayi Vijayan on Wednesday wrote to Prime Minister Narendra Modi asking the Central Government reconsider its decision to privatise the Thiruvananthapuram International Airport.

In a two-page letter to Modi after a meeting of all political parties, Vijayan said that since the state government has rendered assistance to the airport wholeheartedly, including providing land on various stages, the Kerala government has the rightful claim on the management and operation of Trivandrum International Airport.

Trump's former adviser Steve Bannon, 3 others arrested for fraud

Trump's former adviser Steve Bannon, 3 others arrested for fraud

US President Donald Trump's former top adviser Stephen Bannon was arrested on Thursday and charged for his role in defrauding thousands of donors in connection with an online crowdfunding campaign to build Mexico border wall, the US Justice Department said on Thursday.

The campaign We Build the Wall raised more than US $25 million.

Chandrayaan-2 orbiter completes 4400 orbits around moon, ISRO says it will function for 7 yrs

Chandrayaan-2 orbiter completes 4400 orbits around moon, ISRO says it will function for 7 yrs

Marking a year of the Chandrayaan-2 integrated module having been inserted into lunar orbit, the Indian space Research Organisation (ISRO) has released its initial set of technical and mission data. The agency said that though the soft-landing of the Lander was unsuccessful, the orbiter has completed 4400 orbits around the moon and all eight on-board instruments are performing well.

While the orbiter was meant to stay operational for one year, ISRO says that it has enough fuel for remaining in orbit for seven years.

Gold prices today at Rs 53,394 per 10 gram, silver at Rs 67,072 a kg

Gold prices today at Rs 53,394 per 10 gram, silver at Rs 67,072 a kg

Gold prices skidded to Rs 53,394 per 10 gram on Thursday following decline in the international prices of precious metal while silver prices also dropped to Rs 67,072 per kg, according to Indian Bullion and Jewellers Association.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

Indian bank stocks among most-tracked globally, Alibaba tops list

Indian bank stocks among most-tracked globally, Alibaba tops list

Domestic banks feature in the list of corporations that are tracked by maximum number of analysts globally.

Topping the chart is Chinese e-commerce giant Alibaba, tracked by 64 analysts. Private sector lenders Axis Bank, HDFC Bank, IndusInd Bank, and ICICI Bank are among the top six most-tracked, with at least 56 analysts giving their views on their stocks.

L&T Finance plans to raise Rs 3,367 crore through a rights issue

L&T Finance plans to raise Rs 3,367 crore through a rights issue

L&T Finance Holdings is exploring a plan to raise around $450 million (Rs 3,367.5 crore) through a rights issue, people familiar with the matter said.

The financial services arm of Larsen & Toubro has started discussing the fundraising with potential advisers, said the people, who asked not to be identified as the matter is private.

State Bank of India looks to raise Rs 8,931 crore via tier-II bonds

State Bank of India looks to raise Rs 8,931 crore via tier-II bonds

State Bank of India priced the country’s biggest offering of local-currency tier-II bonds yet as the lender boosts its capital buffers amid the worsening financial health of domestic companies.

India’s largest bank looks to raise Rs 8,931 crore ($1.19 billion) through 15-year bonds that comply with Basel III capital norms, according to a person familiar with the matter.

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