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Odisha Vigilance seizes Rs 1.44 crore cash, gold from Forest Ranger
Odisha Vigilance seizes Rs 1.44 crore cash, gold from Forest Ranger

United News of India

time5 days ago

  • United News of India

Odisha Vigilance seizes Rs 1.44 crore cash, gold from Forest Ranger

Bhubaneswar, July 25 (UNI) Odisha Vigilance officials have seized approximately Rs.1.44 crore in cash, four gold biscuits, and 16 gold coins (each weighing 10 grams) from the possession of Rama Chandra Nepak, Deputy Ranger of the Jeypore Forest Range in Koraput district. According to Vigilance sources, Rs.1.4 crore in cash was recovered from a concealed chamber inside Flat No. 510 of the Golden Height Residential Apartment in Jeypore town today. With this, the total cash seizure in the case has reached Rs.1.44 crore. Counting machines have been deployed, and counting is still underway. A Vigilance team comprising 6 DSPs, 5 Inspectors, 9 ASIs, and supporting staff conducted raids at six different locations linked to Nepak, acting on search warrants issued by the Special Judge, Vigilance, Jeypore. The operation was launched following allegations of possession of assets disproportionate to his known sources of income. So far, the recovered assets include, building constructed on ancestral land in Jeypore town, Koraput district, two flats at the Golden Height Residential Apartment, PR Petta, Jeypore town. Nepak began his career in March 1989 as a Village Forest Worker under the Social Forestry Division in Koraput. Following the merger of Social Forestry with the Territorial Forest Division, he was posted to the Jeypore Forest (Territorial) Division. He is currently serving as Deputy Ranger-cum-In-Charge Ranger of the Jeypore Forest Range, drawing a gross monthly salary of Rs.76,880 and a net salary of Rs.69,680. Further search operation is ongoing by the vigilance team. UNI DP AAB

MLA slams govt over cancelled road tenders in Holagunda
MLA slams govt over cancelled road tenders in Holagunda

Hans India

time04-07-2025

  • Politics
  • Hans India

MLA slams govt over cancelled road tenders in Holagunda

Kurnool: Alur YSR Congress party MLA Busaine Virupakshi launched a scathing attack on the Andhra Pradesh coalition government for cancelling tenders related to a crucial road project in Holagunda mandal. Speaking to media persons during a visit to Hebbatam village, where he inspected paddy transplantation along the roadside, the MLA expressed serious concern over the poor condition of the 30-kilometer stretch between Dhanapuram and Holagunda. He stated that the previous YSRCP government had approved tenders worth Rs.69 crore for the project, but the current regime scrapped them without justification. Virupakshi said the deteriorating condition of the road is causing immense hardship to local residents. 'Travel has become a nightmare. Despite tall claims by Chief Minister Chandrababu Naidu and Deputy CM Pawan Kalyan about creating pothole-free roads, nothing has been done on the ground,' he remarked. 'As our leader Jagan Mohan Reddy rightly said, Chandrababu's promises are a guaranteed betrayal,' he added. The MLA also mentioned that due to the road's condition, bus services were being cancelled, but he intervened and urged depot officials to resume them. Targeting Pawan Kalyan, who currently holds the Panchayati Raj portfolio, Virupakshi accused him of showing zero accountability. 'You made promises during elections. Now, where is your commitment? You may be good at making films, but politics requires real work,' he said. He further alleged that the coalition government has taken loans amounting to Rs.1.61 lakh crore but has failed to deliver on key initiatives such as the Super Six welfare schemes. 'Even Amaravati, which was promised to be developed as a world-class capital, hasn't seen a single brick laid,' he said. Demanding urgent re-tendering of the Dhanapuram–Holagunda road project, the MLA also called on Adoni MLA Parthasarathi to take responsibility, noting that a portion of the road falls within his constituency. He warned that if Pawan Kalyan fails to respond, YSRCP workers will be compelled to stage protests around his party office. The event saw participation from party leaders across various levels, including mandal conveners, ZPTCs, MPPs, and grassroots functionaries.

HDFC Flexi Cap Fund review: Mutual fund has improved consistency in outcome and risk profile in recent years
HDFC Flexi Cap Fund review: Mutual fund has improved consistency in outcome and risk profile in recent years

Time of India

time05-05-2025

  • Business
  • Time of India

HDFC Flexi Cap Fund review: Mutual fund has improved consistency in outcome and risk profile in recent years

ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of HDFC Flexi Cap Fund , its portfolio and performance to help you make an informed investment decision. #Pahalgam Terrorist Attack India much better equipped to target cross-border terror since Balakot India conducts maiden flight-trials of stratospheric airship platform Pakistan shuts ports for Indian ships after New Delhi bans imports from Islamabad BASIC FACTS DATE OF LAUNCH 1 JAN 1995 CATEGORY EQUITY TYPE FLEXI CAP AUM* Rs.69,639 crore BENCHMARK NIFTY 500 TOTAL RETURN INDEX WHAT IT COSTS NAV** GROWTH OPTION Rs.1,920.94 IDCW Rs.76.15 MINIMUM INVESTMENT Rs.100 MINIMUM SIP AMOUNT Rs.100 EXPENSE RATIO# (%) 1.41 EXIT LOAD 1% for redemption within 365 days *AS ON 31 MAR 2025 **AS ON 30 APR 2025 #AS ON 31 MAR 2025 FUND MANAGER ROSHI JAIN 2 YEARS, 9 MONTHS Recent portfolio changes New entrants NCC , Oil And Natural Gas Corporation , Tata Consultancy Services (Feb) Complete exits ITC Hotels (Feb) NCC, Whirlpool Of India (Mar) Should You Buy This fund (previously HDFC Equity) has seen a notable shift in investment approach after a change in fund manager. Earlier managed with a distinct contrarian stance by veteran fund manager Prashant Jain, the new fund manager Roshi Jain focuses on quality stocks with strong growth visibility and a margin of safety in valuations. The fund's earlier approach historically lent a high degree of volatility in outcomes, with alternating bouts of sharp underperformance, followed by sharp upswings in return profile. In recent years, the fund has exhibited better consistency in outcomes, with a significantly improved risk profile. It has once again emerged as a worthy pick in its category.

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