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Showing posts from January, 2022

Indore police seize 16,000 kg of cannabis worth Rs 50 lakhs, 5 held

Indore Police on Wednesday seized around 16,000 kg of cannabis worth around Rs 50 lakhs from a godown in the city and arrested five persons in connection with the case. Indore Police on Wednesday seized around 16,000 kg of cannabis worth around Rs 50 lakhs from a godown in the city and arrested five persons in connection with the case. "We got information that cannabis was being stored illegally in a godown. Our team raided the spot and recovered 270 sacks filled with 16,000 kg of cannabis worth around Rs 50 lakhs. We have arrested five people so far," Guru Prasad Parashar, Additional Deputy Commissioner of Police, Indore told ANI. Further investigation into the matter is underway. Earlier on Wednesday, in a different case, two persons were arrested for allegedly trafficking cannabis worth Rs 3.15 crore near Indore. Specific intelligence was received by the Directorate of Revenue Intelligence (DRI), Indore Unit that two persons would be transporting a huge quantity of ganja (

Musk-led Tesla enters China's Xinjiang slammed for human rights violation

Elon Musk-run Tesla has opened a showroom in China's Xinjiang region, criticised globally for serious human rights violations of the Uyghur Muslims and other ethnic and religious minority groups. Elon Musk-run Tesla has opened a showroom in China's Xinjiang region, criticised globally for serious human rights violations of the Uyghur Muslims and other ethnic and religious minority groups. On New Year's Eve, Tesla opened a new showroom in Xinjiang, the remote region where "Chinese authorities are carrying out a campaign of forcible assimilation against religious minorities that has become a public-relations quagmire for Western brands", The Wall Street Journal reported late on Monday. Tesla revealed the details on its official account on Chinese social media platform Weibo which is a Twitter-like platform. The move by Tesla comes at a time when US President Joe Biden in December 2021 signed into law a bill that aims to punish China for human rights abuses against e

Elon Musk's wealth climbs $30 bn after blockbuster quarter for Tesla

Tesla shares that saw a 13.5 per cent rise to $1,199.78 on Monday SpaceX and Tesla CEO Elon Musk's fortune jumped by $33.8 billion to $304.2 billion, creating one of the biggest one-day jumps in wealth. According to the Bloomberg Billionaires Index, Musk's wealth once again surpassed Amazon CEO Jeff Bezos, who now stands second on the list with a $196 billion fortune. Tesla shares saw a 13.5 percent rise to $1,199.78 on Monday. Musk owns around 18 percent of all Tesla shares and had previously walked the talk on his claims of reducing his stake by around 10 percent. Last year similarly, Musk had earned a profit of an estimated $25 billion in one single day. As Tesla's share rose by 20 percent Musk's fortune multiplied to $174 billion. Musk added $121 billion to his net worth in 2021. Meanwhile, Tesla delivered a record 936,172 vehicles in 2021, an 87 percent increase over the 499,550 vehicle deliveries Tesla made in 2020. In the fourth quarter (Q4), the Elon Musk-run el