Saturday, May 25, 2024
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Business

Shah Rukh Khan’s Pathaan has created history by crossing the-100 crore mark on day 1, as it mints Rs 102 crore worldwide. The estimated collections are: India Gross: Rs 67 crore, overseas : Rs 35 cr ($4.2 mi), and the total stands at a jaw-dropping Rs 102 crore, as reported by Box-office India.

Pathaan has shattered boycott calls and box-office both on the same day and that’s the day of its release. The estimated first day total is is between Rs 53 and 55 crore. And with that, the film has marched ahead of day one collections of Hrithik Roshan’s War (2019) and Yash’s KGF: Chapter 2 (2022- Hindi), both of which collected around Rs 53 crore their first days.

This YRF blockbuster is also likely to be the biggest hit of everyone involved, right from SRK to Deepika Padukone to John Abraham to the banner itself. And even director Sidharth Anand, who has created a spy universe for Bollywood after cops and comedies’.

The most awaited film in Indian cinema after a long, long time, Pathaan, is here and it has taken the box office by storm! Right after the first show, the exhibitors have realised that Pathaan will be a box office monster and over 300 shows of the film have been increased all over India! This is unprecedented!
The total screen count now is 8000 screens worldwide across Hindi, Tamil & Telugu formats. Domestic – 5,500 Screens, International – 2,500 Screens. It is the biggest ever release for a Hindi film ever in the history of Indian cinema. (PTI)

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Waris Fayaz

Baramulla, Jan 21 : With the poor network service of Airtel in Buddan village of Rafiabad in North Kashmir’s Baramulla district, the cellular company has come under severe criticism with its subscribers alleging it to be a reason for immense hardships.

The subscribers told the news agency—Kashmir News Observer (KNO), that there has been a poor network of Airtel for months. The service is irking the common customers, who have been suffering because of the insensitive and fleecing attitude of this telecom service providing company, they alleged.

“Airtel has been a cause of irritation for them as most times it doesn’t function properly”, said a local resident.

“If somebody wants to make a call, it doesn’t work and after continuous trying, the call hardly gets connected,” he said. “We are forced to switch over to other service-providers for better calling/internet services.”

The subscribers later appealed to the Airtel higher ups to look into the matter and redress their grievance at earliest.

Meanwhile, officials at the Airtel network provider couldn’t be contacted for the comments—(KNO)

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Srinagar, Jan 21 : While the Food, Civil Supplies and Consumer Affairs department (FCS&CA) department is actively taking action against the mutton dealers for not adhering to the government fixed rates, the exorbitant rates of fruits here have pushed the people to the wall as the authorities concerned have failed to check the market rates of fruits and other eatables, leaving the consumers to lurch at large.

The consumers across the Valley are lamenting the concerned department’s inaction for not ensuring the implementation of set rates on fruits, saying that skyrocketing prices are beyond the reach of a common man.

“Not just the healthy people, the fruits are also meant for most of the patients at homes or at hospitals, but given the high prices of fruits, purchase has become very difficult for a common man,” said a group of aggrieved people in Srinagar.

People from different parts of the valley told the news agency—Kashmir News Observer (KNO) that to afford fruits for an average family has become beyond the reach, and that the government announced fruit rates exist only in papers.

Questioning the high prices of fruits, Mohammad Ramzan, a Carpenter by profession said, “If Srinagar-Jammu national highway continues to remain open for vehicular movement for the maximum time this winter, then why the rates of essentials especially the fruits have increased suddenly.”

In retail markets, oranges are sold at as high as Rs 250 per dozen, while Pomegranates are sold at a Kilo from Rs 150 to 250, Bananas are sold at the rate of 100 per dozen, and the price of grapes ranges from 150 to 300 per Kilo.

Similarly, there are other fruits that are sold in the market at exorbitant rates, making it difficult for common man to purchase.

According to the latest rates issued by the department of Food, Civil Supplies and Consumer Affairs department on 29 December 2022 on their website, the price per Kg of pomegranate is Rs 150 a Kg while the rate of green grapes is set as Rs 120 a Kg and that of Red Grapes rate is set as Rs 270.

Similarly, the rate for first-grade oranges is set at Rs 130 and the rate for second-grade oranges is fixed at Rs 90.

“It is very difficult for me to buy a kilo of Pomegranate or oranges as the price of the fruits is out of reach for me. It is not even easy to purchase other fruits easily as the prices are so high,” said Nazir Ahmad, a salesman.

“There is no enforcement of government rates as far as the sale of fruits is concerned in the retail market, a fruit seller makes no scope for any bargain, and says the fruit rates are higher from the Mandi,” he said.

Responding to the reports Director of FCS&CA, Dr. Abdul Salam Mir told KNO that their teams are already checking the rates in the market, however, he assured that they will intensify the inspection in the markets to curb illegal profiteering, if any.

“There are already teams constituted across the valley who regularly check the market rates of fruits and other commodities, but since this is coming to our notice, we will intensify the market checking and those who will be found selling fruits or other commodities at high rates, action will follow against them”, he said—(KNO)

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Srinagar, Jan 16 : Amid ongoing seizure of mutton shops across Srinagar for violation of norms, the government is seriously considering to provide alternatives to the people where the mutton at set rates will be made available for the consumers.

Pertinently, nearly 90 mutton shops have been sealed in Srinagar after the dealers were found selling the meat at exorbitant rates while some wholesalers have also faced the law.

Director, Food Civil Supplies and Consumer Affairs department (FCS&CA), Abdul Salam Mir told the news agency—Kashmir News Observer (KNO) that the department has been considering providing alternatives to the consumers.

“We will make an alternative available for the consumers in the next few days,” he said, adding that the issue is under consideration.

The consideration comes at a time when the mutton dealers, wholesalers and others are taking the streets to protest against the seizure of shops by the department for not adhering to the government rates.

“We are not selling meat at exorbitant rates, but the rates set by the government are too low,” the protesters said.

Notably, the consumers are facing hardships while buying the mutton as most of the dealers have now switched to selling chicken after the seizure of many shops in Srinagar.

The drive against mutton dealers took a pace in the first week of January as the people complained that the mutton is being sold @Rs 650 against the government set rate of Rs 535—(KNO)

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Waris Fayaz

Baramulla, Jan 14 : A policeman has died of a cardiac arrest at a training centre in North Kashmir’s Baramulla district, officials said here on Saturday.

An official told the news agency—Kashmir News Observer (KNO) that Fayaz Ahmed of Khan Sahib area of Budgam died of cardiac arrest at Sheeri training centre.

He said he was posted as a constable in Jammu and Kashmir police.

The official said he was taken to a nearby hospital, however, he was declared dead on arrival—(KNO)

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Srinagar, Jan 12 : Bringing respite to the traders, the authorities in Jammu & Kashmir Bank have decided to reduce the commitment charges substantially after the frequent appeals by the Valley traders and hoteliers over the issue.

A top official in J&K Bank told the news agency—Kashmir News Observer (KNO) that the commitment charges have been substantially reduced for the period nearly four years from 01 July, 2021-31 March, 2024.

Earlier, the traders had appealed to the concerned authorities to take some favourable steps with regard to the commitment charges on unutilized loan amount of the borrowers.

As per a document available with KNO, the commitment charges have now been reduced and the borrowers having a limit upto Rs 10 lakh will not be charged anything while the borrowers having a limit of above Rs 10 lakh and having average utilization less than 50% will be charged 0.25 % (per annum) of the average unutilized limit plus applicable GST, with quarterly application.

The document further revealed that the borrowers having an average utilization of 50% to 70%, will be charged 0.10% (per annum) of the average unutilized limit plus applicable GST, with quarterly application.

“Subsequent to automation and application of commitment charges by our bank, certain issues have been raised and clarifications sought by the operative levels. Thus a need had been felt to have in place a detailed SOP for addressing and redressing such matters,” the document said.

As such, the bank has designed Standard Operational Procedure (SOP) for handling commitment charges related issues by the operative levels, which include the commitment charges have been levied in exempted accounts and exempted schemes, the concerned Branch Manager shall be authorized to reverse the same.

The concerned branches shall ensure that the charges collection tab is punched as “Y” in all the accounts qualifying for application of commitment charges. Further, the concerned branches shall ensure that the commitment charges as per prescribed rates are applied in all eligible accounts, it said.

“The sanctioning authority has granted any waiver/ concession in commitment charges, such sanction letters shall be shared with the Service Operations team to create necessary exceptions in CBS by raising a ticket in CSS from Branch Manager user. Any discrepancy is reported/ noticed (by borrower/ auditor etc), the concerned branches shall seek computation sheets of commitment charges from the service operations team for ascertaining the same. In case of any anomaly, the branch shall reverse the excess charges after obtaining approval from the concerned Zonal Head.”

It said that the newly opened accounts shall be exempted from charges application for 02 full quarters, excluding the quarter they are opened in.

It said that the commitment charges shall be computed and applied on the basis of drawing power fed in the CBS and not on the basis of limit sanctioned. “In case of facilities granted for cyclic activities (Cold drink/ ice cream/ juice/ fruit trading or likewise), the operative levels shall educate such borrowers to apply for need based peak season and lean season sanction limits as per their requirement,” it added—(KNO)

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Waris Fayaz

Sopore, Nov 25 : With the poor cellular service, the Bharat Sanchar Nigam Limited (BSNL) has come under severe criticism with its subscribers in Sopore town of North Kashmir’s Baramulla district, alleging it to be a reason for immense hardships.

Speaking to the news agency—Kashmir News Observer (KNO), the subscribers complained that there is a poor network from the government-run-telecom company for one month now.

They said that the poor service is irking the common customers, stating that they are facing hardships due to the insensitive and fleecing attitude of this cellular company.

“BSNL has been a cause of irritation for the users as most of the times it doesn’t function properly. Due to poor services, many of the subscribers have switched over to other service-providers for better calling and internet services,” they said.

“The signals suddenly disappear from our mobile phones whenever the power supply is being snatched. Does it mean the users can’t avail the facility during the curtailment hours,” a local resident questioned.

“Despite the fact that BSNL generates high revenue, yet it has failed to provide better services to its customers. The authorities hardly bother to take measures to rectify the problems which generally erupt every other day,” said another resident.

The subscribers later appealed to BSNL higher ups to look into the matter and redress their grievance at earliest.

Meanwhile, an official at BSNL Company told KNO that there were some technical issues with the internet connectivity and that will be resolved soon.

On the poor network issue, the official said that the pesky power cuts don’t help in charging the batteries completely while the generators cannot remain functional continuously due to the fear of explosion.

He, however, added that the network related issues would be resolved soon as the process in this regard has been started—(KNO)

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Pahalgam, Nov 05 : About seven lakh tourists have visited Pahalgam this year with a good number of tourists continuing visiting the tourist destination, official data said.

Only 316 foreign tourists visited Pahalgam last year while 2,856 foreign tourists visited this year, it said, as per the news agency—Kashmir News Observer (KNO).

Last year, 4,61,130 visitors including 2,22,975 locals, 316 foreign and 2,37,839 domestic tourists visited Pahalgam.

Tourism stakeholders are expecting good tourist flow in winters this year as well and they can earn their livelihood—(KNO)

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Waris Fayaz

Sopore, Oct 03 : In Sopore, the age-old horse-driven carts (Tongas) are a rare sight ferrying goods and commuters. But with the new mode of transport, Tonga riders are worried about their future, saying they might be rendered jobless within a couple of years.

Many Tonga riders said that it has become difficult for them to feed their family as they earn only Rs 200 per day.

Talking to the news agency—Kashmir News Observer (KNO), Muhammad Shafi, who has been riding Tonga for decades said, he used to make decent earnings to sustain his family. But with demand for Tongas declining over the last decade, he says it has become difficult for him to sustain his family.

In the early ‘70s, horse-carts were used on marriage occasions to ferry brides and grooms, besides, they were used for political rallies as well.

Earlier, authorities banned entry of Tongas within the municipal limits of Sopore town, blaming it for frequent traffic jams. Apparently seeing the public criticism over the move, the order did not come into force and they continue their journey till now.

Recently, Deputy Commissioner Baramulla, Dr Syed Sehrish Asgar, announced Tongas would not be banned but suggested their modernization—(KNO)

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New Delhi: CMS Info System shares made a flat listing today as the cash management player listed at Rs 220.2 on NSE, a premium of just 2 per cent, over its issue price of Rs 216. On BSE, the counter listed at Rs 218.5.

CMS Info Systems had raised Rs 1,100 crore via its initial offering, selling shares in the range of Rs 205-216 apiece between December 21-23. The issue received a muted response from investors as it was overall subscribed less than two times.

CMS Info Systems Limited is India’s largest cash management company in terms of the number of ATM points and retail pick-up points as of March 31, 2021.

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