Indore will bring bonds for solar projects

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Talk about the market

Indore will bring bonds for solar projects

Indore Municipal Corporation to issue green municipal bonds worth Rs 244 crore for solar energy projects. This will be the first time that a municipal corporation will borrow money for its projects from individual investors. From the money raised from this bond, captive solar photovoltaic power plants of 60 MW will be set up in Samraj and Ashukhedi villages of Khargone district of Madhya Pradesh. The total cost of this project is around Rs 305 crore but the remaining amount will be raised by the corporation itself.

This initiative of Indore is being praised. Instead of depending on the state or central governments, Indore has shown the way that corporations can raise money on their own and provide better services to the people.

The businessman reached the temple to worship the helicopter

In India, it is our tradition that a common man buys a two-wheeler or a four-wheeler and then goes to a temple and offers pooja. Telangana businessman Boinpalli Srinivasan Rao followed the tradition and bought a helicopter and offered pooja at the temple. Rao, the owner of Pratima Group, went to the Yadadri temple dedicated to Sri Lakshmi Narasimha Swamy, which is a hundred kilometers from Hyderabad, with a LL135 helicopter worth about 47 crores.

Three priests worshiped the helicopter in the temple. The L135 is considered one of Airbus' most successful light rotorcraft. Pratima Group operates in infrastructure, energy, manufacturing, telecom sector, health and education sectors. The video of Rao's worship has gone viral. Rao is being praised for his adherence to Hindu tradition.

Summons to Rakul Preet Singh in drugs case

Bollywood actress Rakul Preet Singh has been called for questioning by the ED in the drug case. Rakul has been ordered to appear on December 19. Earlier in September also, ED had questioned Rakul. Apart from Rakul, notices have been sent to stars including Rana Daggubati, Puri Jagannath, Ravi Teja, Charmi Kaur, Navdeep. Rakul is to be questioned in the case of 2017. In 2017, customs officials arrested musician Calvin Mascarhans and two people and seized drugs worth 30 lakh rupees. Their interrogation revealed that these people were supplying drugs to film stars, software engineers and students of reputed corporate schools. Mobile numbers of many South film personalities were found in their contact list.

A well-known name among the world's richest Bernard celebrities

The news of Bernard Arnault becoming the richest man in the world overtaking Elon Musk has shocked everyone as Bernard Arnault is an unknown name to common people. However, French billionaire Bernard Arnault is no stranger to the rich and famous. Bernard Arnault, the CEO of Louis Vuitton Moët Hennessy, the owner of Louis Vuitton, the world's most luxurious brand, is estimated to have a net worth of 171 billion (approximately Rs 14.12 lakh crore). Elon Musk's wealth has decreased to 164 billion dollars (about 13.5 lakh crore rupees) due to continuous decline in Tesla shares.


Crypto exchange owner Fried arrested in Bahamas

Sam Bankman-Fried, the founder of bankrupt crypto exchange Khat, has been arrested in an eye-opening incident where youngsters are chasing crypto-currencies. Fried has been arrested in the West Indian i.e. the Caribbean island of the Bahamas. As there is a criminal case against Fried in America, Fried will now be extradited to America.

Fried once had a fortune of $16 billion, but within days of Khat's fraud details, Fried's wealth has dwindled to zero. At one time, Sam Bankman had a fortune of 26 billion dollars.

Youngsters need to take a lesson that if the owner of a crypto currency exchange can go bankrupt, so can you.

Tata Nano EV will be launched by Tata Nahi Jayam

Ratan Tata's dream car Tata Nano is coming in electric avatar but this car will not be launched by Tata but will be launched by Jayam Automotive. The starting price of the car to be launched under the Jayam Neo EV brand is likely to be three lakh rupees. The company will initially supply 400 new cars to car service company Ola. After that, electric cars will be given to common customers.

Jayam Automotive is basically an engineering company. Jayam Automotive has been supplying parts to Tata Motors for a long time. Coimbatore-based Jayam has also worked with Mahindra and Hindustan Motors. The Neo Electric will be assembled in Coimbatore. Jayam will use a 23 HP electric motor in the car.

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