National News
Congress Leader Jairam Ramesh Demands Strict Action Against Adani-Related Entities
												The Congress Wednesday said a “cover-up” is in the making after reports claimed entities connected to the Adani Group have approached the SEBI seeking settlement in a case that alleges violations of public shareholding norms through unfair practices.
It asserted the “scam” requires serious punitive action, including arrests and raids by investigative agencies.
Congress general secretary in-charge communications Jairam Ramesh said a token settlement would make Indian institutions a laughing stock whose reputation has already been tarnished by the actions of Prime Minister Narendra Modi and “his cronies”.
His remarks come amid reports that several entities connected to Adani Group have approached the Securities and Exchange Board of India (SEBI) seeking settlement in a case that alleges violations of public shareholding norms through unfair practices at four listed companies of the infrastructure conglomerate.
“A cover-up is in the making. Reports that opaque offshore entities and individuals linked to the Adani Group — whose activities have been exposed by successive reports in the public domain — have offered to settle serious allegations of violations of securities laws for token amounts is a clear indicator of this,” Ramesh said in a statement.
These reportedly involve investments in four companies, Adani Enterprises, Adani Power, Adani Energy Solutions and Adani Ports and SEZ, he said.
“While any settlement would be proof of guilt, which vindicates our ‘Hum Adani Ke Hain Kaun’ campaign, it also appears to be heading towards a light slap on the wrist under the direct patronage of the PM,” the Congress general secretary said.
“The Adani Mega Scam requires serious punitive action, including arrests and raids by investigative agencies which has been the norm with all those who are not close friends and financiers of the prime minister. We urge SEBI to take the strictest action against these entities,” Ramesh said.
He further said that another reason for concern is the conflicts of interest of SEBI chairperson Madhabi Puri Buch who invested in the opaque offshore funds that have been accused of facilitating the violations of these very laws via benami investments.
“Far from resigning or being removed, she is now in a position to make a settlement with those whom she has been protecting all along,” Ramesh said.
“The violations are not simply of public shareholding norms; there is plenty of evidence that the money used to pump up Adani Group share prices was laundered by over-invoicing of thousands of crores of coal and power-equipment imports,” he alleged.
Adani-linked middlemen Chang Chung-Ling and Nasser Ali Shaban Ahli built up benami stakes of 8-14 per cent in these firms using shell companies in locations such as Mauritius, the UAE and the British Virgin Islands, he claimed.
The Congress has stepped up its attack on the Adani Group and the government after Gautam Adani, the founder chairman of the ports-to-energy conglomerate, his nephew Sagar and another key executive were charged by the US Department of Justice of being part of an alleged scheme to pay USD 265 million bribes to the Indian officials to win contracts for the supply of solar electricity that would yield USD 2 billion profit over a 20-year period.
The Adani Group has denied all allegations as baseless.
The Congress has been demanding a joint parliamentary committee probe into the Adani issue over allegations in India and abroad.
The opposition party has said that Adani’s indictment in a US court on bribery and fraud charges “vindicates” its demand for a JPC investigation into the various “scams” involving the billionaire industrialist’s conglomerate. Gandhi has sought Adani’s immediate arrest.
Crime
Woman tourist harassment case: Two Kerala cops suspended, two taxi drivers arrested (Lead)

Thiruvananthapuram, Nov 3: In a swift action following the viral video of a woman tourist being harassed by local taxi drivers in Munnar, the Kerala Police, on Monday, have suspended two officials and taken two taxi drivers — identified as Vinayakan and Vijayakumar — into custody.
The case has sparked widespread outrage on social media, prompting the state government to promise corrective steps to ensure tourist safety in the hill station.
The video, originally posted by Janvi, a Mumbai-based assistant professor, showed a group of taxi drivers confronting and intimidating her and her friends for booking an online cab instead of a local taxi near the KSRTC bus stand in Munnar on October 30.
The drivers, reportedly opposed to app-based taxi services, allegedly warned the tourists that they would not be allowed to travel unless they hired local taxis.
Janvi alleged that when she approached the police for help, officers failed to act, echoing the stance of the taxi union.
“We were forced to take another vehicle and eventually cut short our trip out of fear,” she said in the video, which has since been deleted but had already gone viral.
Following the public outcry, the Munnar police registered a suo motu case under Sections 126(2), 351(2), and 3(5) of the Bharatiya Nyaya Sanhita, relating to wrongful restraint and criminal intimidation.
The FIR did not initially name any accused, but police have since identified three taxi drivers, two of whom are in custody, with the third expected to be taken into custody soon.
State Tourism Minister P.A. Mohammed Riyas called the incident “unfortunate” and said it “should never have happened,” adding that steps will be taken to strengthen police vigilance and prevent the harassment of tourists in the future.
The incident has reignited debate over the monopoly of local taxi unions in tourist destinations and the challenges faced by app-based cab services in Kerala.
Entertainment
Kartik Aaryan-starrer ‘Tu Meri Main Tera, Main Tera Tu Meri’ hops on December 25 release after ‘Alpha’ moves to April

Mumbai, Nov 3: Bollywood is a place where timing is of essence. Be it the box-office clashes or their aversion, timing plays a huge role in how things play out on the ticket windows.
The Kartik Aaryan-starrer ‘Tu Meri Main Tera, Main Tera Tu Meri’, which was earlier scheduled to close the entertainment year on December 31, 2025, now has a new release date. The film is set to arrive in cinemas on December 25, 2025.
Over the past few years, Kartik Aaryan has emerged as one of the most bankable stars in the country, consistently delivering hits across genres. Whether it’s a mass entertainer, a romantic drama, the actor’s name alone now commands strong box office openings. His relatability, charm, and growing stardom have positioned him as the face of the new-age commercial cinema, someone who bridges the gap between youth appeal and family audiences.
However, the true star power also lies in being smart with the release of the films. The change in the release date of the film comes shortly after Alia Bhatt-starrer ‘Alpha’ vacated December 25, and shifted to April 17, 2026. Kartik, and the makers made a quick decision to consolidate the closing week of 2025 at the box-office.
With Tu Meri Main Tera, Main Tera Tu Meri, Kartik seems to have found his festive rhythm from lighting up Diwali with laughter and emotion in Bhool Bhulaiyaa 3 to now taking over Christmas with love and melody. Well, the excitement is sky rocketing amongst the audience and business.
The film also marks the reunion of Kartik Aaryan and Ananya Panday, who are all set to recreate their sizzling on-screen chemistry after years. They were earlier seen together in ‘Pati Patni Aur Woh’.
Produced by Dharma Productions and Namah Pictures, the rom-com is directed by Sameer Vidwans, with whom Kartik delivered the much-loved romantic drama ‘Satyaprem Ki Katha’.
Business
Indian stock markets end higher after two days of losses

Mumbai, Nov 3: Indian equity markets ended a volatile session on a positive note on Monday, snapping a two-day losing streak.
Gains in real estate and state-owned bank stocks helped lift the indices despite early weakness.
After opening lower, the Sensex recovered to touch an intra-day high of 84,127 before closing 39.78 points, or 0.05 per cent, higher at 83,978.49.
The Nifty also gained 41.25 points, or 0.16 per cent, to end at 25,763.35.
“The Nifty oscillated between 25,700 and 25,800 through the day, showing resilience after briefly dipping below the October 24 low of 25,718,” analysts said.
“The zone between 25,660–25,700 once again acted as a strong demand pocket, helping the index recover intraday losses and maintain a constructive tone ahead of key global data releases,” they added.
Among the Sensex stocks, Maruti Suzuki fell over 3 per cent and was among the top losers along with Titan Company, BEL, TCS, ITC, NTPC, Bajaj Finserv, Tata Steel and tech Mahindra.
On the other hand, Mahindra & Mahindra, State Bank of India, Tata Motors Passenger Vehicles, and HCL Tech were the major gainers.
In the broader markets, the Nifty MidCap index rose 0.77 per cent, while the Nifty SmallCap index advanced 0.72 per cent, showing strength beyond the frontline stocks.
Among sectoral indices, PSU bank shares led the rally, with the Nifty PSU Bank index climbing 1.92 per cent.
Bank of Baroda surged 5 per cent, while Canara Bank, Bank of Maharashtra, Bank of India, and Indian Bank also gained.
The Nifty Metal and Realty indices also added up to 2 per cent each.
Meanwhile, the FMCG, Private Bank, and IT indices slipped up to 0.4 per cent, capping the market’s overall gains.
Analysts said that despite mixed global cues and cautious investor sentiment, buying in select sectors helped the markets end the day in the green.
“The domestic market ended on a marginal positive note as profit booking was visible at the higher levels due to the absence of fresh domestic triggers,” market watchers said.
“While the broader market outperformed since the quarterly earnings are steering investors’ preference to take a short- to medium-term view,” they mentioned.
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