Business
US orders probe in Amazon warehouse collapse that left 6 dead
The Occupational Safety and Health Administration (OSHA) in the US has opened an investigation into the collapse of an Amazon warehouse in Illinoi that left six people dead.
The roof had collapsed after a powerful tornado hit the Amazon warehouse on December 10.
“OSHA investigates all workplace fatalities and we are supporting them,” Amazon spokesperson Kelly Nantel told The Verge late on Monday.
The probe agency will have six months to complete its investigation and propose penalties if it determines safety or health regulations were violated.
In addition to the six people killed at the Amazon warehouse, 45 were rescued, according to media reports.
Former Amazon CEO Jeff Bezos had said in a tweet that his “thoughts and prayers” were with the families of the workers who died.
“All of Edwardsville should know that the Amazon team is committed to supporting them and will be by their side through this crisis,” Bezos tweeted.
One of those who died, Clayton Cope, 29, spoke to his family on the phone shortly before the building in the town of Edwardsville was struck, according to a BBC report.
Questions were being raised over whether adequate shelter was available, whether workers were advised to go there immediately, and whether the shifts should have gone ahead that evening at all, given the warnings of severe weather, the report said.
Amazon said that the team worked “incredibly quickly” to ensure as many employees and partners could reach the “shelter in place” site.
One cargo driver, Austin J McEwen, 26, died in the bathroom, where many workers said they had been directed to shelter after receiving emergency alerts on their mobile phones.
Business
Sensex, Nifty open marginally higher; IT stocks lead gains

Mumbai, Oct 8: The Indian stock markets opened slightly higher on Wednesday amid mixed movement in key stocks on Dalal Street.
The Sensex rose 63 points or 0.08 per cent to 81,990, while the Nifty gained 16 points or 0.06 per cent to trade at 25,124 in early deals.
Titan emerged as the top gainer on the Sensex, rising around 4 per cent intra-day after the company released its Q2 FY26 business update.
Other major gainers included Infosys, TCS, Tech Mahindra, HCL Tech, Asian Paints, and Trent, which climbed up to 2 per cent.
On the other hand, Tata Motors, Power Grid, BEL, HUL, Sun Pharma, and Kotak Bank were among the top losers, slipping up to 1 per cent.
In the broader markets, performance remained subdued. The Nifty MidCap index rose 0.19 per cent, while the Nifty SmallCap index was up 0.23 per cent.
Among sectoral indices, IT stocks led the gains, with the Nifty IT index advancing 1.2 per cent on the NSE.
The Nifty Pharma and Metal indices also moved up by 0.4 per cent each. However, Nifty Realty and Nifty PSU Bank indices were under pressure, falling 0.36 per cent and 0.27 per cent, respectively.
Analysts said the market is likely to remain stock-specific this week as investors track Q2 earnings updates and global cues.
“The ongoing mild rally in the market has support from institutional investment. FIIs turning buyers yesterday is a positive development,” market experts added.
“There are reports of unprecedented demand and sales of automobiles and consumer durables in this festival season. These will be reflected only in the Q3 results. So watch out for the high frequency data from the real markets,” they added.
“Given the prevailing uncertainty and heightened volatility, traders are advised to maintain a cautious ‘buy-on-dips’ stance, particularly in leveraged positions,” as per the experts.
Market experts said that fresh long positions should be considered only if the Nifty sustains above the 25,250 mark.
Business
Sensex, Nifty extend gains on buying in heavyweights

Mumbai, Oct 7: Indian stock markets continued their upward trend on Tuesday, supported by buying in major stocks such as ICICI Bank, ITC and more.
However, profit booking in select banking stocks limited the overall gains during the early trading hours.
The Sensex, which rose more than 100 points in early trade, was trading at 81,843, up 52 points or 0.06 per cent.
The Nifty also gained 34 points or 0.14 per cent to reach 25,112 after hitting an intra-day high of 25,140.
Among the top gainers on the Sensex were Power Grid, Bajaj Finance, HCL Tech, Bharti Airtel, ICICI Bank, Ultratech Cement, NTPC, Hindustan Unilever, Bajaj Finserv, and BEL, which rose between 0.3 per cent and 1.6 per cent.
On the other hand, Trent, Axis Bank, Tata Motors, TCS, SBI, Kotak Bank, Tech Mahindra, HDFC Bank, and Infosys were among the major losers, slipping up to 2.7 per cent.
In the broader market, the Nifty MidCap index gained 0.08 per cent, while the Nifty SmallCap index rose 0.41 per cent — showing continued interest from investors in smaller companies.
Among sectoral indices, Nifty Metal and Nifty IT were the top performers, each gaining 0.4 per cent.
The Nifty PSU Bank index was the worst hit, falling 0.3 per cent due to profit booking in public sector lenders.
Analysts said that overall market sentiment remains positive, though some volatility may persist due to profit-taking at higher levels.
“The ongoing mild rally in the market has the potential to gain momentum. The FII selling in India is slowly declining since the sharp appreciation in other markets has pushed up their valuations and the valuation differential between India and other markets has come down,” analysts said.
“Since there is huge short position in the market any positive news can trigger short-covering, further aiding the rally,” they added.
Business
PM Modi to inaugurate India Mobile Congress 2025 on October 8

New Delhi, Oct 6: Prime Minister Narendra Modi will inaugurate the India Mobile Congress (IMC) 2025, Asia’s premier telecom and technology event, on October 8 in the national capital, Ministry of Communications said on Monday.
The four-day mega event, themed “Innovate to Transform,” will run till October 11 and is expected to showcase India’s growing leadership in the global digital and telecom space.
Union Minister for Communications Jyotiraditya M. Scindia visited the IMC 2025 venue to review the final preparations ahead of the Prime Minister’s inauguration.
Scindia also travelled to the venue and back via the Airport Metro, symbolising India’s push for modern and sustainable urban transport.
During his visit, the minister toured the exhibition area, interacted with participating startups and exhibitors, and chaired review meetings with senior officials from the Department of Telecommunications (DoT), the Cellular Operators Association of India (COAI), and other partner agencies.
Speaking to the media, Scindia said that IMC 2025 would mark a new era in global connectivity, where technologies like 5G, 6G, artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), and satellite communications would come together to shape the future.
He emphasised that the event reflects Prime Minister Modi’s vision of a self-reliant and innovative India that connects not only within but also with the world.
IMC 2025 is expected to attract more than 1.5 lakh visitors, 7,000 delegates from over 150 countries, and 400 exhibitors spread across 4.5 lakh square feet.
The event will also feature over 1,600 technology demonstrations and 100 sessions with more than 800 speakers discussing the latest developments in telecom and digital innovation.
Highlighting the scale of the event, Scindia said that IMC has grown from being a national platform to becoming a global technology congress that represents India’s digital leadership.
He added that the 2025 edition will include six major global summits — covering 6G research, artificial intelligence, cybersecurity, satellite communications, startups, and the Global Startup World Cup — India Edition.
The minister also underlined India’s achievements in the telecom sector, noting that the country now ranks among the world’s top three digital economies with 1.2 billion mobile subscribers, 970 million internet users, and the fastest-ever 5G rollout completed in just 22 months.
-
Crime3 years ago
Class 10 student jumps to death in Jaipur
-
Maharashtra1 year ago
Mumbai Local Train Update: Central Railway’s New Timetable Comes Into Effect; Check Full List Of Revised Timings & Stations
-
Maharashtra12 months ago
Mumbai To Go Toll-Free Tonight! Maharashtra Govt Announces Complete Toll Waiver For Light Motor Vehicles At All 5 Entry Points Of City
-
Maharashtra1 year ago
False photo of Imtiaz Jaleel’s rally, exposing the fooling conspiracy
-
National News12 months ago
Ministry of Railways rolls out Special Drive 4.0 with focus on digitisation, cleanliness, inclusiveness and grievance redressal
-
Maharashtra11 months ago
Maharashtra Elections 2024: Mumbai Metro & BEST Services Extended Till Midnight On Voting Day
-
National News1 year ago
J&K: 4 Jawans Killed, 28 Injured After Bus Carrying BSF Personnel For Poll Duty Falls Into Gorge In Budgam; Terrifying Visuals Surface
-
Crime12 months ago
Baba Siddique Murder: Mumbai Police Unable To Get Lawrence Bishnoi Custody Due To Home Ministry Order, Says Report