Kolkata, Oct 23: The Flipkart Group and Aditya Birla Fashion and Retail Limited (ABFRL) today announced a new strategic partnership aimed at enhancing the consumer fashion experience.
Through an investment of INR1,500 crores, Flipkart Investments will acquire a ~7.8% stake in ABFRL, as the companies partner to leverage synergies in the fashion segment.
ABFRL will use this capital to strengthen its balance sheet and propel its growth ambition with renewed vigour. The company plans to scale-up its play in emerging high-growth fashion categories viz. innerwear/ athleisure, casual wear and ethnic wear, establishing these as the new engines of growth for the company.
Furthermore, ABFRL will accelerate the execution of its large-scale digital transformation strategy that will deepen its consumer connect and augment its backend capabilities; positioning it amongst the most comprehensive omni-channel fashion players in the country.
Through this partnership, the Flipkart Group will strengthen the range of brands offered on its e-commerce platforms Flipkart and Myntra, deepening its relationship with ABFRL, and enhancing the range of premium international and Indian brands on offer.
Flipkart’s technology prowess will enhance ABFRL’s omni-channel capabilities, enriching customer experiences while continuing to provide access to premium loyalty programs and affordability constructs for which Flipkart is known.
Speaking on this development, Kalyan Krishnamurthy, CEO, Flipkart Group, said, “At the Flipkart Group, we are focused on building new partnerships that will help us meet the demands of the discerning Indian consumer who seek quality and value.
Through this partnership with ABFRL, we will work towards making available a wide range of products for fashion-conscious consumers across different retail formats across the country. We look forward to working with ABFRL and its well established and comprehensive fashion and retail infrastructure as we address the promising opportunity of the apparel industry in India.”
Commenting on the deal, Ashish Dikshit, MD of ABFRL, said, “We look forward to this partnership with Flipkart Group, and our collective journey to delight customers of a young and aspirational India. Given the complementary strengths of ABFRL and Flipkart Group, this partnership has the potential to dramatically accelerate the growth of the apparel industry in India and reshape apparel commerce. This deal also provides a tremendous opportunity to build scale of existing brands and expand its brand portfolio into emerging consumer segments.”
(UNI)
Flipkart Group & Aditya Birla Fashion and Retail enter into a strategic partnership
Trump accuses China, India and Russia of not taking care of their ‘filthy air’
Washington, Oct 23: US President Donald Trump has accused China, India and Russia of not taking care of their “filthy air” as he justified America’s withdrawal from the “unfair” Paris climate agreement.
Trump, a known climate change sceptic, wants to expand non-renewable energy. He aims to increase drilling for oil and gas, and roll back further environmental protections in America.
“Look at China, how filthy it is. Look at Russia. Look at India, it’s filthy. The air is filthy,” Trump said during the final presidential debate with his Democratic challenger Joe Biden in Nashville, Tennessee on Thursday night.
“We have the best emission numbers that we’ve had in 35 years under this administration. We are working so well with the industry,” he said responding to a question on climate change during the debate that lasted just over 90 minutes.
Trump has repeatedly blamed countries like India and China for not doing enough on climate change, labelling them as regions with air that is impossible to breathe.
Reiterating that he loves the environment, Trump said he wants cleanest, crystal-clear water, the cleanest air. “We have the best, lowest number in carbon emissions, which is a big standard that I notice (Barack) Obama goes with all the time, not Joe. I haven’t heard Joe use the term because I’m not sure he knows what it represents or means, but I have heard Obama use it,” he said.
“The Paris Accord, I took us out because we were going to have to spend trillions of dollars and we were treated very unfairly. When they put us in there, they did is a great disservice. They were going to take away our businesses,” he asserted.
In 2017, Trump pulled the US out of the 2015 Paris climate agreement, saying the international deal to keep global temperatures rises below 2 degree Celsius was disadvantageous to US workers.
Biden, on the other hand, said that if voted to power in November, he would rejoin the historic Paris agreement on climate change and hold countries like China accountable for pollution.
Trump has continuously argued that countries like China and India are benefiting the most from the Paris agreement.
Speaking to his cheering supporters at an election rally in the key battleground State of North Carolina last week, Trump had blamed countries like China, Russia and India for adding to the global air pollution.
“We have the best environmental numbers, ozone numbers, and so many other numbers. In the meantime, China, Russia, India all these countries they’re spewing stuff into the air,” he alleged.
China is the world’s biggest carbon emitter followed by the US, India and the EU.
Trump’s latest comments come at a time when pollution levels in New Delhi dropped to the ‘very poor’ category and are likely to worsen in the coming days. Delhi’s Air Quality Index (AQI) has been recorded at 302, which is in the ‘very poor’ category.
Trump asserted that he will not sacrifice tens of millions of jobs, thousands and thousands of companies, because of the Paris Accord.
“It was so unfair. China doesn’t kick in until 2030. Russia goes back to a low standard. And we kicked in right away. It would have destroyed our businesses,” he said.
“We have done an incredible job environmentally. We have the cleanest air, the cleanest water, and the best carbon emission standards that we’ve seen in many, many years,” Trump claimed.
Biden, in response to the same question on climate change, said global warming is an existential threat to humanity.
“We have a moral obligation to deal with it. We are told by all the leading scientists of the world we don’t have much time. We’re going to pass the point of no return within the next eight to 10 years,” he said.
“Four more years of this man eliminating all the regulations that were put in by us to clean up a climate, to limit emissions will put us in a position where we’re going to be in real trouble. Here’s where we have a great opportunity. I was able to get all the environmental organisations as well as labor, the people worried about jobs, to support my climate plan, because what it does, it will create millions of new good paying jobs,” he said.
Biden said that his administration is going to invest in 50,000 charging stations on our highways so that they can own the electric car market of the future. In the meantime, China is doing that, he said.
“I’ll create USD 1 trillion more in economic growth than his proposal does, not on climate, just on the economy,” he said.
“I’m gonna rejoin Paris Accord and make China abide by what they agreed to (On Paris climate accord),” Biden said as he changed his known position on fracking and said that he would transition from the oil industry pollution because it pollutes significantly.
“I would transition from the oil industry,” Biden said.
Describing it as “a big statement”, Trump urged people of oil-economy States like Texas to take note of it.
“It has to be replaced by renewable energy over time. And I’d stop giving to the oil industry; I’d stop giving them federal subsidies,” Biden responded.
The former vice president alleged that Trump takes everything out of context. “But the point is look, we have to move toward net-zero emissions. The first place to do that by the year 2035 is in energy production. By 2050 totally,” he said. (PTI)
Pak’s anti-corruption body approves fresh case against Nawaz Sharif
ISLAMABAD, Oct 23: Pakistan’s anti-corruption body has approved a new case against deposed premier Nawaz Sharif, days after Prime Minister Imran Khan urged the authorities to dispose of major graft cases quickly.
Sharif, the 70-year-old supremo of the Pakistan Muslim League (Nawaz) who was ousted from power in 2017 by the Supreme Court on corruption charges, is currently in London for medical treatment.
The National Accountability Bureau also approved cases against Sharif’s ex-personal secretary Fawad Hasan Fawad, former federal minister Ahsan Iqbal, former foreign secretary Aizaz Chaudhry and former Intelligence Bureau (IB) chief Aftab Sultan, Dawn newspaper reported.
On Thursday, a total of 11 cases were approved at NAB’s Executive Board Meeting (EBM) presided over by its chairman, retired Justice Javed Iqbal.
According to the NAB, a fresh case was approved against Sharif along with Chaudhry, Sultan and Fawad for “illegally” purchasing 73 high-security vehicles for the security of foreign dignitaries.
They are accused of favouritism and illegal use of vehicles, causing a loss of over Rs 1,952 million to the national exchequer.
The EBM also approved a case against Ahsan Iqbal and Mohammad Ahmed, contractor/owner of private firm Ahmed and Sons, for increasing the scope of the Sports City project in Narowal from Rs 30 million to Rs 3 billion by “abusing the authority”.
They are accused of illegally providing the funds of the federal government to provincial government projects after the 18th Amendment by using personal influence, which inflicted huge losses on the national exchequer.
The case against Iqbal was approved two days after he had said in a private TV talk show that the NAB had been investigating the Narowal Sports City case against him for the last two-and-a-half years but did not file a reference.
Sharif is already facing several cases of corruption and misuse of authority which he has declared as a result of political vendetta by the current government led by Prime Minister Khan.
The approval of fresh cases followed a recent speech by Prime Minister Khan that the Opposition would see a “different Imran Khan”, which was interpreted as a threat to arrest more opposition leaders and court cases.
Apart from Sharif and his close aides, the NAB approved cases worth billions of rupees of alleged corruption against several officials and businessmen for causing losses to the country in different projects.
Sharif criticised the military establishment in recent speeches at gatherings of the opposition Pakistan Democratic Movement.
Days before the July 2018 general elections, Sharif was convicted in the Avenfield properties case and sentenced to 10 years in prison. His daughter Maryam was sentenced to seven years in prison for abetment and his son-in-law Captain (retd) Mohammad Safdar to one year.
In December 2018, anti-corruption court judge Arshad Malik convicted Sharif in Al-Azizia Steel Mills case and sentenced him to seven years in prison. Judge Malik was later dismissed from service over misconduct.
The IHC later granted bail to Sharif, Maryam and Safdar. Sharif, after his conviction in the Al-Azizia case, was sent to jail but released for eight weeks on medical grounds. The bail-granting order lapsed while the former premier was in London.
The IHC had in September fixed the appeals against conviction of Sharif in Al-Azizia and Avenfield cases. After hearing the pleas, the court rejected Sharif’s applications seeking hearing in absentia and issued his non-bailable arrest warrants.
The court then issued his proclamation giving the former premier final opportunity to join the proceeding before confiscating his properties.
Separately, an accountability court in Islamabad has already confiscated movable and immovable properties of Sharif because he absconded in the Toshakhana case, which is about alleged corruption in purchase of vehicles. (PTI)
Census takers fall short of target goal in areas of US
Orlando, Oct 23: From tribal lands in Arizona and New Mexico to storm-battered Louisiana, census workers who go door to door were unable to reach all the households they needed for a complete tally of the U.S. Population, a count that ended abruptly last week after a Supreme Court ruling.
Community activists, statisticians and civil rights groups say racial and ethnic minorities are historically undercounted, and shortcomings in the 2020 census could set the course of life in their communities for years to come.
The count determines the number of congressional seats each state gets, where roads and bridges are built, how schools and health care facilities are funded, and how USD 1.5 trillion in federal resources are allocated annually.
“An undercount in our community means schools are overcrowded, hospitals are overcrowded, roads are congested,” said John Yang, president and executive director of Asian Americans Advancing Justice.
The census ended last week after the Supreme Court sided with President Donald Trump’s administration and suspended a lower court order allowing the head count to continue through October 31.
The U.S. Census Bureau says that overall, it reached more than 99.9% of the nation’s households, but in a nation of 330 million people, the remaining .1% represents hundreds of thousands of uncounted residents. And in small cities, even handfuls of undercounted residents can make a big difference in the resources the communities receive and the power they wield.
Also, a high percentage of households reached does not necessarily translate to an accurate count: The data’s quality depends on how it was obtained. The most accurate information comes from people who “self-respond” to the census questionnaire online, by phone or mail. Census officials say 67% of the people counted in the 2020 census responded that way.
In any case, census takers, who go door to door, fell short of the 99.9% benchmark in many pockets of the country.
In large parts of Louisiana, which was battered by two hurricanes, census takers didn’t even hit 94% of the households they needed to reach. In Window Rock, the capital of the Navajo Nation on the Arizona-New Mexico border that was ravaged by COVID-19, census takers only reached 98.9%.
Other parts of the U.S. Where the count fell short of 99.9% include Quincy, Massachusetts; New Haven, Connecticut; Asheville, North Carolina; Jackson, Mississippi; Providence, Rhode Island, and Manhattan, where neighborhoods emptied out in the spring because of the coronavirus.
Rhode Island is one of about 10 states projected to lose a congressional seat, based on anticipated state population figures in the 2020 census. It could take as few as 30,000 overlooked people for the nation’s physically smallest state to revert back to having a single House district, said John Marion, executive director of Common Cause Rhode Island, a nonprofit watchdog.
The early conclusion of the census “is really going to stymie our efforts, not only to maintain that second district but also to have fair representation in our state legislature,” Marion said.
Jackson, Mississippi, Mayor Chokwe Antar Lumumba blamed the coronavirus, which curtailed in-person outreach efforts that could have made a difference in hard-to-count neighborhoods. The mayor isn’t sure having an extra two weeks would have made a huge difference, but he says not having a complete count is significant: Jackson loses $1,000 each year for every person not counted.
“All of this has long-term implications for city planning, for how we address our needs, and for ensuring that we are fairly represented in the state house and in Congress,” Lumumba said.
There are also concerns about the quality of the data obtained. The second-most accurate information after self-responses comes from household members being interviewed by census takers. When census takers can’t reach someone at home, they turn to less-accurate information from neighbors, landlords and administrative records, the latter of which have been in widespread use for the first time this year. Information was obtained by these methods for almost 40% of the census takers’ caseload, according to the Census Bureau.
“Do not be fooled by the Census Bureau’s 99% myth. If there was ever fake news, this is it,” said Marc Morial, president and CEO of the National Urban League, one of the civil rights groups that challenged the Trump administration’s census schedule in court.
Census Bureau director Steven Dillingham said Monday that a first look at the data collection operation indicates “an extremely successful execution.” He noted that the 67% self-response rate this year was higher than the 66.5% reached during the 2010 census.
How much time the Census Bureau has to crunch the numbers is still being fought in courts and in Congress. Civil rights groups and others are pushing Congress to extend the bureau’s deadline for turning in apportionment numbers for congressional seats from Dec. 31 to the end of next April. (AGENCIES)
Trump accuses China, India and Russia of not taking care of their ‘filthy air’
WASHINGTON, Oct 23: US President Donald Trump has accused China, India and Russia of not taking care of their “filthy air” as he justified America’s withdrawal from the “unfair” Paris climate agreement.
Trump, a known climate change sceptic, wants to expand non-renewable energy. He aims to increase drilling for oil and gas, and roll back further environmental protections in America.
“Look at China, how filthy it is. Look at Russia. Look at India, it’s filthy. The air is filthy,” Trump said during the final presidential debate with his Democratic challenger Joe Biden in Nashville, Tennessee on Thursday night.
“We have the best emission numbers that we’ve had in 35 years under this administration. We are working so well with the industry,” he said responding to a question on climate change during the debate that lasted just over 90 minutes.
Trump has repeatedly blamed countries like India and China for not doing enough on climate change, labelling them as regions with air that is impossible to breathe.
Reiterating that he loves the environment, Trump said he wants cleanest, crystal-clear water, the cleanest air. “We have the best, lowest number in carbon emissions, which is a big standard that I notice (Barack) Obama goes with all the time, not Joe. I haven’t heard Joe use the term because I’m not sure he knows what it represents or means, but I have heard Obama use it,” he said.
“The Paris Accord, I took us out because we were going to have to spend trillions of dollars and we were treated very unfairly. When they put us in there, they did is a great disservice. They were going to take away our businesses,” he asserted.
In 2017, Trump pulled the US out of the 2015 Paris climate agreement, saying the international deal to keep global temperatures rises below 2 degree Celsius was disadvantageous to US workers.
Biden, on the other hand, said that if voted to power in November, he would rejoin the historic Paris agreement on climate change and hold countries like China accountable for pollution.
Trump has continuously argued that countries like China and India are benefiting the most from the Paris agreement.
Speaking to his cheering supporters at an election rally in the key battleground State of North Carolina last week, Trump had blamed countries like China, Russia and India for adding to the global air pollution.
“We have the best environmental numbers, ozone numbers, and so many other numbers. In the meantime, China, Russia, India all these countries they’re spewing stuff into the air,” he alleged.
China is the world’s biggest carbon emitter followed by the US, India and the EU.
Trump’s latest comments come at a time when pollution levels in New Delhi dropped to the ‘very poor’ category and are likely to worsen in the coming days. Delhi’s Air Quality Index (AQI) has been recorded at 302, which is in the ‘very poor’ category.
Trump asserted that he will not sacrifice tens of millions of jobs, thousands and thousands of companies, because of the Paris Accord.
“It was so unfair. China doesn’t kick in until 2030. Russia goes back to a low standard. And we kicked in right away. It would have destroyed our businesses,” he said.
“We have done an incredible job environmentally. We have the cleanest air, the cleanest water, and the best carbon emission standards that we’ve seen in many, many years,” Trump claimed.
Biden, in response to the same question on climate change, said global warming is an existential threat to humanity.
“We have a moral obligation to deal with it. We are told by all the leading scientists of the world we don’t have much time. We’re going to pass the point of no return within the next eight to 10 years,” he said.
“Four more years of this man eliminating all the regulations that were put in by us to clean up a climate, to limit emissions will put us in a position where we’re going to be in real trouble. Here’s where we have a great opportunity. I was able to get all the environmental organisations as well as labor, the people worried about jobs, to support my climate plan, because what it does, it will create millions of new good paying jobs,” he said.
Biden said that his administration is going to invest in 50,000 charging stations on our highways so that they can own the electric car market of the future. In the meantime, China is doing that, he said.
“I’ll create USD 1 trillion more in economic growth than his proposal does, not on climate, just on the economy,” he said.
“I’m gonna rejoin Paris Accord and make China abide by what they agreed to (On Paris climate accord),” Biden said as he changed his known position on fracking and said that he would transition from the oil industry pollution because it pollutes significantly.
“I would transition from the oil industry,” Biden said.
Describing it as “a big statement”, Trump urged people of oil-economy States like Texas to take note of it.
“It has to be replaced by renewable energy over time. And I’d stop giving to the oil industry; I’d stop giving them federal subsidies,” Biden responded.
The former vice president alleged that Trump takes everything out of context. “But the point is look, we have to move toward net-zero emissions. The first place to do that by the year 2035 is in energy production. By 2050 totally,” he said. (PTI)
District authorities removing a 40 year old encroachment at Vijaypur on Friday. -Excelsior/Badyal
District authorities removing a 40 year old encroachment at Vijaypur on Friday. -Excelsior/Badyal
A tractor cultivating land on IB in Hiranagar sector on Friday. -Excelsior/Pardeep
A tractor cultivating land on IB in Hiranagar sector on Friday. -Excelsior/Pardeep
Advisor R R Bhatnagar chairing a meeting on Friday.
Advisor R R Bhatnagar chairing a meeting on Friday.
LG Ladakh Radha Krishna Mathur inaugurating newly established RTPCR Laboratory at COVID-19 dedicated hospital Kurbathang. -Excelsior/Basharat Ladakhi

LG Ladakh Radha Krishna Mathur inaugurating newly established RTPCR Laboratory at COVID-19 dedicated hospital Kurbathang. -Excelsior/Basharat Ladakhi





